Education : Youth Education Programs and Services

One Million Degrees

The Community College Project

four stars

90.29

180 North Wabash Suite 310
Chicago, IL 60601
tel: (312) 920-9605   Web Site
EIN: 42-1710230

Board Leadership
David Scherer
Chair

CEO
Paige Ponder
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 90.29 four stars
  Financial 91.80 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

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.

Impact Information

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This impact information is current as of March 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

91.80

Accountability & Transparency

three stars

89.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  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%
All data for Financial Performance Metrics calculations was provided by One Million Degrees on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by One Million Degrees on recent 990s filed with the IRS.
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

Charts

Compensation % of Expenses Paid to Title
$144,166 4.49% Paige Ponder CEO

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
One Million Degrees (IL) 90.29 four stars
The Citizens Foundation, USA (TX) 96.46 four stars
Progressive Agriculture Foundation (AL) 88.79 three stars
Teach For America (NY) 87.77 three stars
Educando by Worldfund (DC) 90.28 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

One Million Degrees
180 North Wabash
Suite 310
Chicago, IL 60601
tel: (312) 920-9605
EIN: 42-1710230

Visit Web Site

Board Leadership

David Scherer
Chair

CEO

Paige Ponder
Chief Executive Officer