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Education : Youth Education Programs and Services

PeerForward

Peers. Power. Purpose.

two stars

78.62

1140 3rd St NE Suite 320
Washington, DC 20002
tel: (202) 319-1763   Web Site
EIN: 52-2007028

Board Leadership
Owen Ryan
Chair

CEO
Keith Frome
Chief Executive Officer, Co-Founder

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 78.62 two stars
  Financial 70.60 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 05/01/2018 and includes data from FY2017, the most recent 990 received at that time.

College Summit's mission is to unleash the power of positive peer influence to transform the lives of youth living in low-income communities by connecting them to college and careers. Our premier program, PeerForward, drives up higher education enrollment and success by tapping a resource found in every high school in America - influential students. We work with school partners to select students and an advisor, train them at powerful summer workshops and in school-year training camps, and support the student teams as they run campaigns promoting key actions (applying for financial aid, applying to at least three schools, and connecting career ambitions to academic decisions) that research shows are leading indicators for postsecondary success. The students set goals, conduct campaign activities, and collect data to analyze progress. PeerForward schools achieve 26% higher rates of financial aid applications - a key hurdle to higher education - than similar schools without PeerForward.

College Summit's mission is to unleash the power of positive peer influence to transform the lives of youth living in low-income communities by connecting them to college and careers. Our premier program, PeerForward, drives up higher education enrollment and success by tapping a resource found in every high school in America - influential students. We work with school partners to select students and an advisor, train them at powerful summer workshops and in school-year training camps, and support the student teams as they run campaigns promoting key actions (applying for financial aid, applying to at least three schools, and connecting career ambitions to academic decisions) that research shows are leading indicators for postsecondary success. The students set goals, conduct campaign activities, and collect data to analyze progress. PeerForward schools achieve 26% higher rates of financial aid applications - a key hurdle to higher education - than similar schools without PeerForward.

Financial

two stars

70.60

Accountability & Transparency

four stars

93.00

This rating was published 05/01/2018 and includes data from FY2017, 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)
69.6%
  Administrative Expenses 8.1%
  Fundraising Expenses 22.1%
  Fundraising Efficiency $0.31
  Working Capital Ratio (years) 0.62
  Program Expenses Growth -16.2%
  Liabilities to Assets 4.7%
All data for Financial Performance Metrics calculations was provided by PeerForward on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by PeerForward on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
PeerForward (DC) 78.62 two stars
Teach For America (NY) 91.01 four stars
The Opportunity Network (NY) 87.50 three stars
OneGoal (IL) 90.07 four stars
AAUW - American Association of University Women (DC) 91.08 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,498,284
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $730,545
   Related Organizations $0
   Government Grants $65,648
Total Contributions $3,294,477
   Program Service Revenue $1,381,203
Total Primary Revenue $4,675,680
   Other Revenue $-365,583
TOTAL REVENUE $4,310,097
   
EXPENSES  
   Program Expenses $5,245,270
   Administrative Expenses $604,983
   Fundraising Expenses $1,676,863
TOTAL FUNCTIONAL EXPENSES $7,527,116
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,217,019
   
Net Assets $7,298,906

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
12th Grade and Launch $4,622,770 88.1%
Innovation $622,500 11.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-04 05/01/2018 78.62 two stars
2016-04 03/01/2018 80.17 three stars
2016-04 08/01/2017 79.97 two stars
2015-04 06/01/2016 81.42 three stars
 
CN 2.0
2014-04 10/01/2015 84.01 three stars
2013-04 10/01/2014 70.83 two stars
2012-04 09/01/2013 70.76 two stars
2012-04 08/01/2013 69.42 one star
2011-04 06/01/2012 93.51 four stars
2011-04 05/01/2012 87.89 three stars
2010-04 09/20/2011 90.85 four stars
 
CN 1.0
2010-04 06/01/2011 95.16 four stars
2009-04 07/01/2010 90.23 four stars
2008-04 07/01/2009 90.05 four stars
2007-04 09/01/2008 97.87 four stars
2006-04 05/01/2007 95.26 four stars
2005-04 02/01/2007 97.85 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 52-2007028
Name in IRS Master File COLLEGE SUMMIT INC
NTEE Code B80
NTEE Classification Student Services, Organizations of Students
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(43) Other student aid
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, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End April
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • April, 2016
  • April, 2015
  • April, 2014
  • April, 2013
  • April, 2012

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

Compensation % of Expenses Paid to Title
$215,720 2.86% Joanne Smith President, COO

Highly Rated

Charity Name & State Overall Score Overall Rating
PeerForward (DC) 78.62 two stars
The Opportunity Network (NY) 87.50 three stars
Khan Academy (CA) 92.02 four stars
Bottom Line (MA) 88.89 three stars
Enactus (MO) 85.32 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

PeerForward
1140 3rd St NE
Suite 320
Washington, DC 20002
tel: (202) 319-1763
EIN: 52-2007028

Visit Web Site

Board Leadership

Owen Ryan
Chair

CEO

Keith Frome
Chief Executive Officer, Co-Founder

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