College Dreams Inc
- Assets
- $2.5m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 134
- Location
- Grants Pass, OR
- Founding
- 05/2010
- Data as of
- 06/2021
- EIN
- 26-3161884
Organization Overview
College Dreams Inc, operating under the name Project Youth, is located in Grants Pass, OR. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, Project Youth employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Youth is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Project Youth generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 14.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE OPPORTUNITIES FOR YOUTH TO THRIVE IN SCHOOL, CAREERS, AND LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE+ FOCUSES ON 6TH TO 12TH GRADE STUDENTS TO PROVIDE SUPPORT, BUILD SKILLS, AND MOTIVATE ACADEMIC EXCELLENCE. THE PROGRAM INCLUDES SUPPORT FROM A DEPARTMENT OF EDUCATION TALENT SEARCH GRANT.
THE +ACCOUNTS PROGRAM SERVES STUDENTS WHOSE FAMILIES MEET OREGON LOW/MODERATE INCOME AND FAMILY ASSET CRITERIA, BY PROVIDING FINANCIAL EDUCATION CLASSES, DEVELOPING COLLEGE FUNDING PLANS, AND THE POSSIBILITY OF MATCHING SAVINGS PLANS FOR COLLEGE, COMMUNITY COLLEGE OR POST SECONDARY TRAINING PROGRAMS.
CAREER BUILD PROGRAM FOCUSES ON PROVIDING CAREER RELATED LEARNING EXPERIENCE TO HIGH SCHOOL STUDENTS AND OUT-OF-SCHOOL YOUTH UP TO AGE 24 THROUGH AN INTERAGENCY AGREEMENT WITH ROGUE WORKFORCE PARTNERSHIP. SERVICES INCLUDE A REGIONAL CAREER FAIR, YOUTH WORK ETHICS CLASSES, CAREER ACADEMIES, AND PAID OR UNPAID WORK EXPERIENCE.
WHATEVER IT TAKES PROGRAM PROVIDES AN ADVISOR AND WRAPAROUND SUPPORT TO STUDENTS AT RISK OF DISENGAGING OR DROPPING OUT AT PARTICIPATING SCHOOLS AND IS FUNDED PRIMARILY BY THE OREGON YOUTH DEVELOPMENT COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Hildebrand Executive Director | Officer | 40 | $79,593 |
Deborah Sorenson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Steve Boyarksy President | OfficerTrustee | 1 | $0 |
Armando Lopez Vice President | OfficerTrustee | 1 | $0 |
Todd Bloomquist Director | Trustee | 0.2 | $0 |
Brenda Patton Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,103,966 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,557,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,661,821 |
| Total Program Service Revenue | $0 |
| Investment income | $24,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,694,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $770,586 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,847 |
| Compensation of current officers, directors, key employees. | $42,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,254,612 |
| Pension plan accruals and contributions | $15,618 |
| Other employee benefits | $229,715 |
| Payroll taxes | $103,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $393 |
| Fees for services: Accounting | $47,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,907 |
| Advertising and promotion | $0 |
| Office expenses | $34,362 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,099 |
| Travel | $23,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,525 |
| Interest | $8,455 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,742 |
| Insurance | $12,690 |
| All other expenses | $97,859 |
| Total functional expenses | $2,940,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $737,670 |
| Savings and temporary cash investments | $153,476 |
| Pledges and grants receivable | $315,473 |
| Accounts receivable, net | $455,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,292 |
| Net Land, buildings, and equipment | $629,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $185,470 |
| Total assets | $2,542,440 |
| Accounts payable and accrued expenses | $75,997 |
| Grants payable | $0 |
| Deferred revenue | $65,583 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $99,475 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $463,010 |
| Total liabilities | $704,065 |
| Net assets without donor restrictions | $1,105,024 |
| Net assets with donor restrictions | $733,351 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,542,440 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that College Dreams Inc has recieved totaling $1,454,688.
| Awarding Organization | Amount |
|---|---|
Neighborhood Partnerships Inc Portland, OR PURPOSE: COMMUNITY DEVELOPMENT | $959,250 |
Oregon Community Foundation Portland, OR PURPOSE: OST and Mentoring | $265,438 |
Meyer Memorial Trust Portland, OR PURPOSE: TO SUPPORT PROJECT YOUTH+'S EXPANSION OF COLLEGE AND CAREER READINESS SERVICES FOR PRIORITY YOUTH IN SOUTHERN OREGON | $92,500 |
Meyer Memorial Trust Portland, OR PURPOSE: TO SUPPORT PROJECT YOUTH+'S EXPANSION OF COLLEGE AND CAREER READINESS SERVICES FOR PRIORITY YOUTH IN SOUTHERN OREGON | $92,500 |
John And Ginger Niemeyer Foundation Portland, OR PURPOSE: OST and Mentoring | $25,000 |
Meyer Memorial Trust Portland, OR PURPOSE: TO IMPROVE SERVICES TO LATINX YOUTH IN SOUTHERN OREGON THROUGH CULTURALLY SPECIFIC OUTREACH AND PROGRAMMING | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |
Uc Hastings Foundation San Francisco, CA | $2,612,244 | $11,589,695 |
The Rogers Foundation Las Vegas, NV | $98,020,626 | $8,861,096 |
La Promise Fund Los Angeles, CA | $8,970,074 | $12,859,195 |
Society Of Hispanic Professional Engineers City Of Industry, CA | $8,652,087 | $11,894,639 |
Oakland Promise Oakland, CA | $69,217,814 | $17,084,213 |
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |