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Education : Scholarship and Financial Support

College Now Greater Cleveland

four stars

94.00

1500 West Third Street Suite 125
Cleveland, OH 44113
tel: (216) 241-5587   Web Site
EIN: 34-6580096

Board Leadership
Mark Ross
Chair

CEO
Lee Friedman
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 94.00 four stars
  Financial 92.52 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/23/2020 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1966, College Now Greater Cleveland is Northeast Ohio's only regional resource promoting educational awareness and opportunity to enrich our community and prepare the workforce of tomorrow. College Now works to increase college enrollment and success, primarily for residents of Cuyahoga, Lake, Lorain, Medina, and Summit Counties, through leadership, collaboration and the provision of advisory services and need-based financial assistance. College Now helps families, children, and adults returning to college by providing access to postsecondary education. We provide college access services to Northeast Ohio residents interested in enrolling in four-year universities, community colleges, and vocational and technical programs. Our programs offer: academic planning for higher education, financial aid advising, scholarships, college advising, career advising, and mentoring and retention services.

Founded in 1966, College Now Greater Cleveland is Northeast Ohio's only regional resource promoting educational awareness and opportunity to enrich our community and prepare the workforce of tomorrow. College Now works to increase college enrollment and success, primarily for residents of Cuyahoga, Lake, Lorain, Medina, and Summit Counties, through leadership, collaboration and the provision of advisory services and need-based financial assistance. College Now helps families, children, and adults returning to college by providing access to postsecondary education. We provide college access services to Northeast Ohio residents interested in enrolling in four-year universities, community colleges, and vocational and technical programs. Our programs offer: academic planning for higher education, financial aid advising, scholarships, college advising, career advising, and mentoring and retention services.

Financial

four stars

92.52

Accountability & Transparency

four stars

96.00

This rating was published 12/23/2020 and includes data from FY2019, 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)
91.9%
  Administrative Expenses 4.1%
  Fundraising Expenses 3.9%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.86
  Program Expenses Growth 7.5%
  Liabilities to Assets 12.8%
All data for Financial Performance Metrics calculations was provided by College Now Greater Cleveland on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by College Now Greater Cleveland on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
College Now Greater Cleveland (OH) 94.00 four stars
Folds of Honor (OK) 98.23 four stars
Woodrow Wilson National Fellowship Foundation (NJ) 88.22 three stars
Catholic Education Arizona (AZ) 85.06 three stars
Pardes Institute of Jewish Studies, North America (NY) 93.15 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,906,143
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $541,114
   Related Organizations $0
   Government Grants $4,189,485
Total Contributions $12,636,742
   Program Service Revenue $1,248,220
Total Primary Revenue $13,884,962
   Other Revenue $312,891
TOTAL REVENUE $14,197,853
   
EXPENSES  
   Program Expenses $12,357,029
   Administrative Expenses $558,392
   Fundraising Expenses $552,384
TOTAL FUNCTIONAL EXPENSES $13,467,805
   
Payments to Affiliates $0
Excess (or Deficit) for the year $730,048
   
Net Assets $16,849,419

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
Financial Aid $4,438,998 35.9%
Advisory Services $2,547,469 20.6%
Adult Programs, Services, and the College Now Resource Center $624,142 5.1%

Ratings History
College Now Greater Cleveland has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-07 12/23/2020 94.00 four stars
2018-07 09/03/2019 94.29 four stars
2017-07 12/01/2018 95.47 four stars
2016-07 02/01/2018 95.47 four stars
2015-07 11/01/2016 96.66 four stars
2014-07 06/01/2016 95.47 four stars
 
CN 2.0
2014-07 12/01/2015 96.29 four stars
2013-07 12/22/2014 92.23 four stars
2012-07 09/01/2013 89.23 three stars
2011-07 07/01/2012 87.55 three stars
2010-07 09/20/2011 87.39 three stars
 
CN 1.0
2009-07 09/01/2010 74.07 two stars
2008-07 12/15/2009 86.52 three stars
2007-07 04/01/2009 81.33 three stars
2006-07 10/01/2007 90.04 four stars
2005-07 09/01/2006 97.86 four stars
2004-07 07/01/2005 96.88 four stars
2003-07 06/01/2004 99.25 four stars
2002-07 08/01/2003 99.32 four stars
2001-07 10/15/2002 98.97 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 34-6580096
Name in IRS Master File COLLEGE NOW GREATER CLEVELAND INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
(561) Gifts or grants to individuals (other than scholarships)
(602) Gifts, grants, or loans to other organizations
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 February, 1967
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End July
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • July, 2018
  • July, 2017
  • July, 2016
  • July, 2015
  • July, 2014
Compensation % of Expenses Paid to Title
$373,790 2.77% Lee Friedman Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
College Now Greater Cleveland (OH) 94.00 four stars
Inner-City Scholarship Fund (NY) 87.40 three stars
George Snow Scholarship Fund Inc. (FL) 100.00 four stars
Horatio Alger Association of Distinguished Americans (VA) 92.38 four stars
Central Scholarship (MD) 97.40 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

College Now Greater Cleveland
1500 West Third Street
Suite 125
Cleveland, OH 44113
tel: (216) 241-5587
fax: (216) 241-6184
EIN: 34-6580096

Visit Web Site

Board Leadership

Mark Ross
Chair

CEO

Lee Friedman
Chief Executive Officer

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