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Education : Youth Education Programs and Services
Board Leadership
David Scherer
Chair
CEO
Paige Ponder
Chief Executive Officer
|
One Million Degrees empowers low-income, highly motivated community college students to succeed in school, in work, and in life. Formerly the Illinois Education Foundation, One Million Degrees was founded in 2006 by a group of social entrepreneurs who understood the specific challenges facing a uniquely overlooked student population - community college students. One Million Degrees believes that when given a solid system of support, every student has the ability to reach his or her full personal and professional potential.
One Million Degrees empowers low-income, highly motivated community college students to succeed in school, in work, and in life. Formerly the Illinois Education Foundation, One Million Degrees was founded in 2006 by a group of social entrepreneurs who understood the specific challenges facing a uniquely overlooked student population - community college students. One Million Degrees believes that when given a solid system of support, every student has the ability to reach his or her full personal and professional potential.
91.80
89.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
73.8% | |
Administrative Expenses | 11.3% | |
Fundraising Expenses | 14.8% | |
Fundraising Efficiency | $0.11 | |
Working Capital Ratio (years) | 1.19 | |
Program Expenses Growth | 21.9% | |
Liabilities to Assets | 1.8% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
One Million Degrees (IL) | 90.29 | |
Put On The BRAKES, B.R.A.K.E.S. (NC) | 85.55 | |
OneGoal (IL) | 91.21 | |
Year Up (MA) | 89.10 | |
Khan Academy (CA) | 92.02 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $2,858,534 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $542,150 |
Related Organizations | $0 |
Government Grants | $211,251 |
Total Contributions | $3,611,935 |
Program Service Revenue | $12,992 |
Total Primary Revenue | $3,624,927 |
Other Revenue | $-13,439 |
TOTAL REVENUE | $3,611,488 |
EXPENSES | |
Program Expenses | $2,560,151 |
Administrative Expenses | $260,610 |
Fundraising Expenses | $389,931 |
TOTAL FUNCTIONAL EXPENSES | $3,210,692 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $400,796 |
Net Assets | $3,147,080 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Communication with Scholars | $1,714,078 | 67.0% |
Tuition and Stipends | $654,471 | 25.6% |
Student Development | $181,481 | 7.1% |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 42-1710230 |
Name in IRS Master File | ONE MILLION DEGREES |
NTEE Code | B82 |
NTEE Classification | Scholarships, Student Financial Aid Services, Awards |
NTEE Type | Educational Institutions and Related Activities |
Classification | Educational Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | September, 2006 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$144,166 | 4.49% | Paige Ponder | CEO |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
One Million Degrees (IL) | 90.29 | |
Chicago Scholars Foundation (IL) | 92.55 | |
Center for Excellence in Education (VA) | 92.34 | |
New Door Ventures (CA) | 86.79 | |
Sponsors for Educational Opportunity (SEO) (NY) | 97.90 |
This charity has an official representative registered with Charity Navigator.
One Million Degrees
180 North Wabash
Suite 310
Chicago,
IL 60601
tel: (312) 920-9605
EIN: 42-1710230
David Scherer
Chair
Paige Ponder
Chief Executive Officer
Charity Navigator
139 Harristown Rd Suite 101
Glen Rock, NJ 07452
EIN: 13-4148824
BRIDGE ID: 3108588923
Charity Navigator
139 Harristown Rd Suite 101
Glen Rock, NJ 07452
EIN: 13-4148824
BRIDGE ID: 3108588923