College Success Foundation District Of Columbia
College Success Foundation District Of Columbia faces persistent operating deficits and a significant decline in assets over the past decade.
EIN: 205561911 · Bellevue, WA · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $2.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $8,826,773 |
| Net Assets | $5.4M |
| Transparency Score | 60/100 |
Is College Success Foundation District Of Columbia Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
College Success Foundation District Of Columbia directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About College Success Foundation District Of Columbia
College Success Foundation District Of Columbia (EIN: 205561911) is a nonprofit organization based in Bellevue, WA, classified under NTEE code B11. The organization reported total revenue of $4.9M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of College Success Foundation District Of Columbia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
College Success Foundation District Of Columbia is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-664,203 |
| Total Assets | $8.3M |
| Total Liabilities | $2.9M |
| Net Assets | $5.4M |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 35.3% |
| Months of Reserves | 36.7 months |
Financial Health Grade: B
In 2023, College Success Foundation District Of Columbia reported a deficit of $664K with expenses exceeding revenue, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 35.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), College Success Foundation District Of Columbia's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | -9.0% | -5.6% |
| 2022 | -34.9% | -4.2% | -21.6% |
| 2021 | +25.2% | -0.5% | -14.9% |
| 2020 | -0.2% | -11.0% | -21.6% |
| 2019 | -18.0% | -7.6% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates College Success Foundation District Of Columbia with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, College Success Foundation District Of Columbia allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $664K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with assets of $8,826,773 and annual expenses exceeding $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of College Success Foundation District Of Columbia's IRS 990 filings:
- Consistent operating deficits for over a decade, with expenses exceeding revenue in every reported period.
- Dramatic decline in total assets from $59.3 million in 2015 to $8.2 million in 2023, indicating significant depletion of reserves.
- High liabilities relative to assets in some periods, such as $2,916,483 in liabilities against $8,271,819 in assets in 202306, though this ratio has fluctuated.
Strengths
The following positive indicators were identified for College Success Foundation District Of Columbia:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
- Long operational history with 13 filings, indicating established presence.
- Focus on a clear mission (NTEE Code B11 - Higher Education Support).
Frequently Asked Questions about College Success Foundation District Of Columbia
Is College Success Foundation District Of Columbia a legitimate charity?
Based on AI analysis of IRS 990 filings, College Success Foundation District Of Columbia (EIN: 205561911) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does College Success Foundation District Of Columbia spend its money?
College Success Foundation District Of Columbia directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to College Success Foundation District Of Columbia tax-deductible?
College Success Foundation District Of Columbia is registered as a tax-exempt nonprofit (EIN: 205561911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the College Success Foundation District Of Columbia CEO make?
College Success Foundation District Of Columbia's highest-compensated officer earns $8,826,773 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of College Success Foundation District Of Columbia's spending goes to programs?
College Success Foundation District Of Columbia directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does College Success Foundation District Of Columbia compare to similar nonprofits?
With a transparency score of 60/100 (Good), College Success Foundation District Of Columbia is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is College Success Foundation District Of Columbia located?
College Success Foundation District Of Columbia is headquartered in Bellevue, Washington and files with the IRS under EIN 205561911. It is classified under NTEE code B11.
How many years of IRS 990 filings does College Success Foundation District Of Columbia have?
College Success Foundation District Of Columbia has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.9M in total revenue.
Is College Success Foundation District Of Columbia financially sustainable?
The organization has consistently reported expenses exceeding revenues for at least the last ten filing periods, leading to a significant decline in assets from over $59 million in 2015 to $8.2 million in 2023. This trend raises serious concerns about its long-term financial sustainability.
Why have the organization's assets decreased so dramatically?
Assets have fallen from $59,326,044 in 201506 to $8,271,819 in 202306. This substantial decrease, coupled with consistent operating deficits, suggests the organization has been drawing down its reserves or divesting assets to cover operational costs.
What is the reason for 0% officer compensation?
The filings consistently show 0% officer compensation. This could mean officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization has a unique compensation structure. Further investigation into their governance and compensation policies would be needed.
Filing History
IRS 990 filing history for College Success Foundation District Of Columbia showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), College Success Foundation District Of Columbia's revenue has declined by 63.5%, moving from $5.6M to $2.0M. Total assets decreased by 90% over the same period, from $82.5M to $8.3M. Total functional expenses fell by 75.8%, from $11.2M to $2.7M. In its most recent filing year (2023), College Success Foundation District Of Columbia reported a deficit of $664K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $8.3M in assets (debt-to-asset ratio: 35.3%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.7M | $8.3M | $2.9M | — | View 990 |
| 2022 | $1.9M | $3.0M | $8.8M | $600K | — | View 990 |
| 2021 | $2.8M | $3.1M | $11.2M | $1.6M | — | View 990 |
| 2020 | $2.3M | $3.1M | $13.1M | $4.4M | — | View 990 |
| 2019 | $2.3M | $3.5M | $16.7M | $8.3M | — | View 990 |
| 2018 | $2.8M | $3.8M | $22.6M | $12.6M | — | View 990 |
| 2017 | $1.8M | $11.0M | $41.5M | $21.4M | — | View 990 |
| 2016 | $3.2M | $12.5M | $50.4M | $27.2M | — | View 990 |
| 2015 | $2.1M | $8.8M | $59.3M | $26.9M | — | View 990 |
| 2014 | $3.1M | $12.9M | $59.3M | $20.1M | — | View 990 |
| 2013 | $3.5M | $10.1M | $68.3M | $19.3M | — | View 990 |
| 2012 | $4.2M | $14.3M | $75.4M | $19.9M | — | View 990 |
| 2011 | $5.6M | $11.2M | $82.5M | $16.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.7M, and assets of $8.3M (revenue +10.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $3.0M, and assets of $8.8M (revenue -34.9% year-over-year).
- 2021: Revenue of $2.8M, expenses of $3.1M, and assets of $11.2M (revenue +25.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $3.1M, and assets of $13.1M (revenue -0.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $3.5M, and assets of $16.7M (revenue -18.0% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.8M, and assets of $22.6M (revenue +50.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $11.0M, and assets of $41.5M (revenue -42.7% year-over-year).
- 2016: Revenue of $3.2M, expenses of $12.5M, and assets of $50.4M (revenue +54.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $8.8M, and assets of $59.3M (revenue -33.6% year-over-year).
- 2014: Revenue of $3.1M, expenses of $12.9M, and assets of $59.3M (revenue -9.6% year-over-year).
- 2013: Revenue of $3.5M, expenses of $10.1M, and assets of $68.3M (revenue -16.8% year-over-year).
- 2012: Revenue of $4.2M, expenses of $14.3M, and assets of $75.4M (revenue -25.3% year-over-year).
- 2011: Revenue of $5.6M, expenses of $11.2M, and assets of $82.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for College Success Foundation District Of Columbia:
Data Sources and Methodology
This transparency report for College Success Foundation District Of Columbia is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.