Nonprofit · EIN 27-2416448
STRIVE FOR COLLEGE INC
Tax-exempt · MILPITAS, CA 95035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $1,921,492 | $2,100,420 | -$178,928 | $3,748,655 | $1,735 | $3,746,920 |
| May 31, 2024 | 990 | $2,390,347 | $1,821,916 | $568,431 | $3,749,241 | $0 | $3,749,241 |
| May 31, 2023 | 990 | $2,270,772 | $2,634,572 | -$363,800 | $3,403,735 | $161,557 | $3,242,178 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,391,861
- Program service revenue
- $324,130
- Investment income
- $161,341
- Other revenue
- $44,160
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $727,516
- Other salaries and wages
- $891,007
- Salaries, compensation and benefits (total)
- $1,905,767
- Professional fundraising fees
- $0
- Accounting fees
- $14,924
- Occupancy
- $7,910
- Travel
- $13,350
- Depreciation
- $23,489
- Program services (functional)
- $1,125,995
- Management and general (functional)
- $731,668
- Fundraising (functional)
- $242,757
Balance sheet and other
- Total assets, start of year
- $3,749,241
- Total assets, end of year
- $3,748,655
- Total liabilities, end of year
- $1,735
- Net assets, end of year
- $3,746,920
- Publicly traded securities
- $131,553
- Net assets without donor restrictions
- $3,746,920
- Gross unrelated business income
- $1,150
- Gross receipts
- $1,921,492
- Employees
- 4
- Volunteers
- 7,891
- Year formed
- 2010
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael J Carter | CEO and President Trustee or director, Officer, Highest-paid employee | 40 | $524,622 |
| Eric Chen | Board Member Trustee or director | 0 | $0 |
| Leslie Bluhm | Board Member Trustee or director | 0 | $0 |
| Jennifer Pritchard | Board Member Trustee or director | 0 | $0 |
| Martin Wong | Board Member Trustee or director | 0 | $0 |
| Jacob Stiglitz | Board Member Trustee or director | 0 | $0 |
| Mark Hanthro | Board Member Trustee or director | 0 | $0 |
| Erich Mauff | Board Member Trustee or director | 0 | $0 |
| Connie Lurie | Board Member Trustee or director | 0 | $0 |
| Raj Bhattacharyya | Board Member Trustee or director | 0 | $0 |
990 for the year ended May 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael J Carter | CEO and President Trustee or director, Officer, Highest-paid employee | 40 | $524,622 |
| Eric Chen | Board Member Trustee or director | 0 | $0 |
| Leslie Bluhm | Board Member Trustee or director | 0 | $0 |
| Jennifer Pritchard | Board Member Trustee or director | 0 | $0 |
| Martin Wong | Board Member Trustee or director | 0 | $0 |
| Jacob Stiglitz | Board Member Trustee or director | 0 | $0 |
| Mark Hanthro | Board Member Trustee or director | 0 | $0 |
| Erich Mauff | Board Member Trustee or director | 0 | $0 |
| Connie Lurie | Board Member Trustee or director | 0 | $0 |
| Raj Bhattacharyya | Board Member Trustee or director | 0 | $0 |
990 for the year ended May 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael J Carter | CEO and President Trustee or director, Officer, Highest-paid employee | 40 | $524,622 |
| Eric Chen | Board Member Trustee or director | 0 | $0 |
| Leslie Bluhm | Board Member Trustee or director | 0 | $0 |
| Jennifer Pritchard | Board Member Trustee or director | 0 | $0 |
| Martin Wong | Board Member Trustee or director | 0 | $0 |
| Jacob Stiglitz | Board Member Trustee or director | 0 | $0 |
| Mark Hanthro | Board Member Trustee or director | 0 | $0 |
| Erich Mauff | Board Member Trustee or director | 0 | $0 |
| Connie Lurie | Board Member Trustee or director | 0 | $0 |
| Raj Bhattacharyya | Board Member Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 556 VALLEY WAY, MILPITAS, CA 95035-4106
- Principal officer (990 for 2024)
- JR Dumlao, 556 Valley Way, Milpitas, CA 95035
- Signed the 990
- JR Dumlao, Director of Operations/CFO
- Phone
- (415) 562-5770
- Website
- www.ustrive.org
California records
California keeps its own records of charities and corporations. Search them by EIN 27-2416448 or by the name STRIVE FOR COLLEGE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
UStrive democratizes access to social capital so that individuals can achieve their college and career dreams. We do this by connecting mentees to mentors through our virtual mentoring platform and providing other resources to support learners on their college and career journeys.
Program accomplishments
- UStrive is achieving our mission of helping individuals achieve their college and career dreams. Over 90% of UStrive students who want to go to college do so. Up to 92% of UStrive students at four-year colleges or universities persist to the next year, and 73% of those at two-year institutions do so. Additionally, UStrive publishes and distributes our I'm First! Guide to College across the US.Expenses $1,125,995 · revenue $1,921,493
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2416448
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $3,748,655
- Income (IRS master file)
- $1,921,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $1,921,492 | $2,100,420 | $3,748,655 | XML |
| 990 | May 2024 | $2,390,347 | $1,821,916 | $3,749,241 | XML |
| 990 | May 2023 | $2,270,772 | $2,634,572 | $3,403,735 | XML |
| 990 | May 2022 | $2,280,176 | $2,907,283 | $3,639,884 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2416448).
Questions about STRIVE FOR COLLEGE INC
- What is the EIN of STRIVE FOR COLLEGE INC?
- The employer identification number (EIN) of STRIVE FOR COLLEGE INC is 27-2416448.
- Is STRIVE FOR COLLEGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to STRIVE FOR COLLEGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STRIVE FOR COLLEGE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STRIVE FOR COLLEGE INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STRIVE FOR COLLEGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of STRIVE FOR COLLEGE INC?
- The 990 for the year ended May 31, 2025 names JR Dumlao.
- Who are the officers and directors of STRIVE FOR COLLEGE INC?
- The 990 for the year ended May 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $524,622 (Michael J Carter, CEO and President).
- How much revenue does STRIVE FOR COLLEGE INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $1,921,492, expenses of $2,100,420 and total assets of $3,748,655 at year end.
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