Options For College Success

Organization Overview

Options For College Success is located in Chicago, IL. The organization was established in 2010. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, Options For College Success employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Options For College Success 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 06/2023, Options For College Success generated $261.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $348.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT AND ENCOURAGE LEARNING-CHALLENGED POST SECONDARY STUDENTS TO SUCCEED IN ACADEMICS AND DEVELOP THE SKILLS NECESSARY TO LIVE AND WORK INDEPENDENTLY IN THEIR ADULT LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPTIONS FOR COLLEGE SUCCESS WORKED WITH STUDENTS WHO WERE ENROLLED IN OUR RESIDENTIAL, EXTENSION OR TRANSITION PROGRAM SERVICES. THERE WAS CONTINUED EXPANSION OF INDIVIDUALIZED SERVICES TO PART-TIME STUDENTS NEEDING ONLY LIMITED SUPPORT TO SUCCEED IN THEIR EDUCATIONAL STUDIES. STUDENTS PROGRESSED THROUGH THE PROGRAM, WITH APPROXIMATELY 1/3 OF THE STUDENTS FULLY COMPLETING THE PROGRAM AND/OR BEGINNING A TRANSITION PROGRAM TO IDEPENDENT LIVING.ADDITIONALLY, TRANSITION SERVICES WERE FURTHER BROADENED TO PROVIDE ONGOING SUPPORT AND COACHING TO STUDENTS IN SELECTING CAREERS AND MONITORING PROGRESS IN THE WORK FORCE AFTER SUCCESSFUL COMPLETION OF THEIR EDUCATIONAL STUDIES.


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Board, Officers & Key Employees

Name (title)Compensation
Samantha Kolkey
Executive Director And Pre
$48,934
Mike Alger
Treasurer
$0
Shoshana Axler
Secretary
$0
Nancy Hahn
Director
$0
Mark Bromberg
Director
$0
Nazia Chowdhury
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,496
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$46,814
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$48,310
Total Program Service Revenue$204,294
Investment income $3
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $9,043
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $261,650

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