Skip to main content

Nonprofit · EIN 41-1968798

COLLEGE POSSIBLE

Tax-exempt · SAINT PAUL, MN 55104

Financials

$24.6M$28.2M2022$34.4M$32.2M2023$34.6M$31.9M2024
Revenue Expenses · by fiscal year end
Financials of COLLEGE POSSIBLE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$34,574,024$31,880,683$2,693,341$28,111,265$5,745,931$22,365,334
June 30, 2024990$34,440,171$32,206,667$2,233,504$25,651,190$6,687,182$18,964,008
June 30, 2023990$24,598,991$28,232,798-$3,633,807$23,563,961$7,518,973$16,044,988
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$31,409,613
of which government grants
$8,808,251
Program service revenue
$2,766,287
Investment income
$419,120
Net income from fundraising events
-$34,614
Other revenue
-$20,996

Expenses

Grants and similar amounts paid
$727,560
Compensation of officers, directors and key employees
$927,915
Other salaries and wages
$18,997,390
Salaries, compensation and benefits (total)
$24,664,410
Professional fundraising fees
$0
Legal fees
$121,591
Accounting fees
$58,307
Occupancy
$946,955
Travel
$208,147
Depreciation
$232,876
Program services (functional)
$25,659,401
Management and general (functional)
$2,761,038
Fundraising (functional)
$3,460,244

Balance sheet and other

Total assets, start of year
$25,651,190
Total assets, end of year
$28,111,265
Total liabilities, end of year
$5,745,931
Net assets, end of year
$22,365,334
Land, buildings and equipment
$1,242,271
Publicly traded securities
$9,719,134
Net assets without donor restrictions
$6,488,697
Net assets with donor restrictions
$15,876,637
Gross receipts
$34,637,688
Employees
632
Volunteers
102
Year formed
1999
State of legal domicile
MN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DR SIVA KUMARICHIEF EXECUTIVE OFFICER
Officer
40$351,357$28,215
ALI AYUBSVP, TECH, DATA & FINANCE
Officer
40$228,733$33,528
LAVADA WILLIAMSSVP, PEOPLE AND CULTURE
Key employee
40$183,326$24,610
ARVIN FRAZIERSR EXECUTIVE DIRECTOR, OMAHA
Highest-paid employee
40$140,814$30,111
JOHN CHANGEXECUTIVE DIRECTOR, OR
Highest-paid employee
40$145,826$22,211
SCOTT DEL ROSSIVP, COLLEGE & CAREER SUCCESS
Highest-paid employee
40$138,616$13,179
CHRISTINE POORMANEXECUTIVE DIRECTOR, CHICAGO
Highest-paid employee
40$141,346$10,291
CATHERINE MARCIANOVP, PARTNERSHIPS
Highest-paid employee
40$133,154$17,433
AL FANCHAIR
Trustee or director, Officer
0.3$0$0
MARLENE IBSENTREASURER
Trustee or director, Officer
0.3$0$0
DR SUZANNE RIVERADIRECTOR
Trustee or director
0.3$0$0
ANDREA MOKROSDIRECTOR
Trustee or director
0.3$0$0
DR DOREEN JAMES WISEDIRECTOR
Trustee or director
0.3$0$0
DR FAYNEESE MILLERDIRECTOR
Trustee or director
0.3$0$0
DR JENNIFER RICKARDDIRECTOR
Trustee or director
0.3$0$0
2 more people on this return
NameTitleHours / weekCompensation
JOELLE MURCHISONDIRECTOR
Trustee or director
0.3$0
MANMEET DHAMIDIRECTOR
Trustee or director
0.3$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
DR SIVA KUMARICEO
Trustee or director, Officer
40$213,281$7,338
STEPHEN RAGANSVP OF EXTERNAL RELATIONS
Key employee
40$195,962$14,932
LAVADA WILLIAMSSVP, PEOPLE AND CULTURE
Key employee
40$177,528$23,263
AUSTIN BUCHANSVP, PROGRAM & TECH INNOVATION
Key employee
40$164,881$19,930
ARVIN FRAZIERSR EXECUTIVE DIRECTOR, OMAHA
Key employee
40$138,136$27,021
KELLIE SIGHVICE PRESIDENT OF SITE LEADERSHIP
Key employee
40$135,851$27,264
CHRISTINE POORMANEXECUTIVE DIRECTOR, CHICAGO
Highest-paid employee
40$137,650$9,944
SCOTT DEL ROSSIVP, COLLEGE & CAREER SUCCESS
Highest-paid employee
40$132,885$12,873
JAMES NARRSENIOR DIRECTOR, FINANCE
Highest-paid employee
40$115,351$29,127
CARL SEARLESCONTROLLER
Highest-paid employee
40$130,477$13,356
JOHN TOMKINSONVP OF SITE LEADERSHIP
Highest-paid employee
40$114,369$26,441
ALBERT FANFORMER CEO, CHAIR
Trustee or director, Officer
40$113,129$3,646
JOANNA BURLESONFORMER CHAIR
Trustee or director
0.3$0$0
DANIEL LUGO JDTREASURER
Trustee or director
0.3$0$0
ANDREA MOKROSDIRECTOR
Trustee or director
0.3$0$0
DR DONNELL BUTLERDIRECTOR
Trustee or director
0.3$0$0
DR DOREEN JAMES WISEDIRECTOR
Trustee or director
0.3$0$0
DR FAYNEESE MILLERDIRECTOR
Trustee or director
0.3$0$0
DR JENNIFER RICKARDDIRECTOR
Trustee or director
0.3$0$0
DR SUZANNE RIVERADIRECTOR
Trustee or director
0.3$0$0
JOELLE MURCHISONDIRECTOR
Trustee or director
0.3$0$0
JULIO VARGAS-ESSEXDIRECTOR
Trustee or director
0.3$0$0
MARLENE IBSENDIRECTOR
Trustee or director
0.3$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
CRAIG ROBINSONFORMER CEO
Former
0$350,463$14,614
LAVADA WILLIAMS SENIOR VICEPRESIDENT, PEOPLE AND CULTURE
Key employee
40$221,234$14,173
AUSTIN BUCHAN SENIOR VICEPRESIDENT, PROGRAM & TECH INNOVATION
Key employee
40$190,861$8,051
LILIA ALVARADOHR DIRECTOR (THROU. 11/2022)
Highest-paid employee
40$175,897$16,108
KELLIE SIGHVICE PRESIDENT OF SITE LEADERSHIP
Key employee
40$156,686$22,205
ALBERT FAN EX OFFICIO DIRINTERIM CEO/DIRECT. (THROU. 04/2023)
Trustee or director, Officer
40$161,691$0
ARVIN FRAZIERSR EXECUTIVE DIRECTOR, OMAHA
Highest-paid employee
40$148,723$9,725
CHRISTINE POORMANEXECUTIVE DIRECTOR, CHICAGO
Highest-paid employee
40$155,105$3,119
PRECIOUS MINESEXECUTIVE DIRECTOR, PHILADELPHIA
Highest-paid employee
40$145,085$9,414
EMIELLE NISCHIK EXECUTIVEDIR., PORTLAND OR (THROU. 07/2023)
Highest-paid employee
40$151,043$2,837
LAUREN TREACYEXECUTIVE DIRECTOR, WASHINGTON
Key employee
40$153,339$0
DR SIVA KUMARICEO (AS OF 05/2023)
Trustee or director, Officer
40$0$0
JOANNA BURLESONCHAIR
Trustee or director, Officer
0.8$0$0
DANIEL LUGO JDTREASURER
Trustee or director, Officer
0.3$0$0
ANDREA MOKROSDIRECTOR
Trustee or director
0.3$0$0
DR DONNELL BUTLERDIRECTOR
Trustee or director
0.3$0$0
DR DOREEN JAMES WISEDIRECTOR
Trustee or director
0.3$0$0
DR FAYNEESE MILLERDIRECTOR
Trustee or director
0.3$0$0
DR JENNIFER RICKARDDIRECTOR
Trustee or director
0.3$0$0
DR SUZANNE RIVERADIRECTOR
Trustee or director
0.3$0$0
JOELLE MURCHISONDIRECTOR
Trustee or director
0.3$0$0
MARLENE IBSENDIRECTOR
Trustee or director
0.3$0$0
NORM BONTJEDIRECTOR
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
755 PRIOR AVE N STE 210, SAINT PAUL, MN 55104-1064
In care of
% JIM MCCORKELL
Principal officer (990 for 2024)
DR SIVA KUMARI, 755 PRIOR AVENUE NORTH 210, SAINT PAUL, MN 55104
Signed the 990
DR SIVA KUMARI, CHIEF EXECUTIVE OFFICER
Phone
(651) 288-9455
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

COLLEGE POSSIBLE IS A 501(C)(3) NON-PROFIT TAX-EXEMPT ORGANIZATION MAKING COLLEGE ADMISSION AND SUCCESS POSSIBLE FOR STUDENTS FROM LOW-INCOME BACKGROUNDS THROUGH AN INTENSIVE CURRICULUM OF COACHING AND SUPPORT.

990 for the year ended June 30, 2025

Program accomplishments

  • FLAGSHIP: SEE SCHEDULE O.
    Expenses $19,075,112 · grants $727,560 · revenue $810,833
  • CATALYZE: SEE SCHEDULE O.
    Expenses $1,416,918 · revenue $749,500
  • CO-PILOT: SEE SCHEDULE O.
    Expenses $1,147,535 · revenue $1,198,079
  • NATIONAL OFFICE SUPPORTS THE ENTIRE OPERATION.
    Expenses $4,019,836 · revenue $7,875

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-1968798
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
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$28,111,265
Income (IRS master file)
$34,637,688

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$34,574,024$31,880,683$28,111,265XML
990June 2024$34,440,171$32,206,667$25,651,190XML
990June 2023$24,598,991$28,232,798$23,563,961XML
990June 2022$31,201,183$27,834,304$23,283,310IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 41-1968798).

Questions about COLLEGE POSSIBLE

What is the EIN of COLLEGE POSSIBLE?
The employer identification number (EIN) of COLLEGE POSSIBLE is 41-1968798.
Is COLLEGE POSSIBLE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to COLLEGE POSSIBLE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLLEGE POSSIBLE 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 COLLEGE POSSIBLE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLLEGE POSSIBLE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COLLEGE POSSIBLE?
The 990 for the year ended June 30, 2025 names DR SIVA KUMARI.
Who are the officers and directors of COLLEGE POSSIBLE?
The 990 for the year ended June 30, 2025 lists 17 people; 8 received compensation from the organization, the highest $351,357 (DR SIVA KUMARI, CHIEF EXECUTIVE OFFICER).
How much revenue does COLLEGE POSSIBLE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $34,574,024, expenses of $31,880,683 and total assets of $28,111,265 at year end.

Other nonprofits in SAINT PAUL

All nonprofits in SAINT PAUL · Minnesota · Education