Collegeready Inc

Organization Overview

Collegeready Inc is located in Green Bay, WI. The organization was established in 1965. 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 08/2022, Collegeready Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collegeready Inc 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 08/2022, Collegeready Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $929.8k during the year ending 08/2022. While expenses have increased by 1.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COLLEGEREADY CREATES HOPE AND BRIGHTER FUTURES FOR YOUTH OF ALL BACKGROUNDS IN NORTHEAST WISCONSIN. THROUGH SCHOLARSHIPS AND COLLEGE READINESS PROGRAMMING, WE HELP STUDENTS BREAK DOWN BARRIERS TO HIGHER EDUCATION AND CHANGE THEIR LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS - WE HELP DESERVING STUDENTS WITH FINANCIAL NEED MAKE THEIR COLLEGE DREAMS COME TRUE THROUGH SCHOLARSHIPS. THIS PAST YEAR WE SUPPORTED 169 LOCAL STUDENTS WITH AWARDS TOTALING $352,486. RECIPIENTS ARE SELECTED THROUGH A COMPREHENSIVE APPLICATION PROCESS WHICH EVALUATES THEIR ACADEMIC ACHIEVEMENT, COMMUNITY INVOLVEMENT, LEADERSHIP, AND PARTICIPATION IN EXTRACURRICULAR ACTIVITIES. IN ADDITION, WE COUNSEL ALL LOCAL HIGH SCHOOL SENIORS ON HOW TO FIND AND PREPARE FOR SCHOLARSHIP OPPORTUNITIES, AS WELL AS HELP THEM UNDERSTAND THE COMPONENTS OF A QUALITY POSTSECONDARY EDUCATION.


COLLEGE READINESS - OUR NEW SCHOLARS PROGRAM HELPS AREA STUDENTS OVERCOME POVERTY WITH THE POWER OF EDUCATION. THROUGH OUR CURRICULUM, WHICH IS BUILT TO IMPROVE READING, WRITING, AND CHARACTER DEVELOPMENT, WE HELP LOW-INCOME STUDENTS BECOME THE FIRST IN THEIR FAMILY TO ATTEND AND GRADUATE FROM COLLEGE. STARTING IN 6TH GRADE AND CONTINUING THROUGH 12TH GRADE, WE HELP THESE STUDENTS ON THEIR PATH TO HIGHER EDUCATION AND PREPARE THEM FOR ACCEPTANCE INTO COLLEGE. THROUGH ACTIVE STUDENT AND PARENT PARTICIPATION, EACH NEW SCHOLAR CAN ALSO EARN UP TO A $5,000 SCHOLARSHIP UPON THEIR HIGH SCHOOL GRADUATION.


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Board, Officers & Key Employees

Name (title)Compensation
Brent Roubal
Executive Director
$102,292
Jennifer Tice
Operations Director
$61,919
Mark Fischer
President
$0
Susan Schoenberger
Vice President
$0
Benjamin Hayes
Treasurer
$0
Heather Seaborn
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $8,545
All other contributions, gifts, grants, and similar amounts not included above$500,115
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$508,660
Total Program Service Revenue$3,000
Investment income $109,421
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $469,804
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,090,885

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Collegeready Inc has recieved totaling $141,312.

Awarding OrganizationAmount
Stand Together Foundation Inc

Green Bay, WI

PURPOSE: EDUCATION

$39,600
K C Stock Foundation Inc

Green Bay, WI

PURPOSE: SCHOLARSHIPS

$30,000
Green Bay Packers Foundation

Green Bay, WI

PURPOSE: SCHOLARSHIP FUNDS

$26,500
George Kress Foundation

Green Bay, WI

PURPOSE: LAMP OF KNOWLEDGE SCHOLARSHIPS

$15,000
Greater Green Bay Community Foundation Inc

Green Bay, WI

PURPOSE: EDUCATION PROGRAM SUPPORT

$10,000
K C Stock Foundation Inc

Green Bay, WI

PURPOSE: SCHOLARSHIPS

$10,000
View Grant Recipient Profile

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