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Education : Youth Education Programs and Services

PeerForward

Peers. Power. Purpose.

two stars

78.97

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

Board Leadership
Nicholas M. Florio
Chair

CEO
Gary Z. Linnen
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 78.97 two stars
  Financial 70.27 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2020 and includes data from FY2019, the most recent 990 received at that time.

PeerForward'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. Formerly College Summit, PeerForward taps a resource found in every high school in America - influential students - to increase the number who pursue higher education. We work with school partners to select students and an advisor, train them at powerful summer workshops and 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. Our schools achieve 26% higher rates of financial aid applications than similar schools without PeerForward. Recently the organization adopted a new model that allowed it to cut costs while increasing impact, reaching about 85,000 students a year.

PeerForward'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. Formerly College Summit, PeerForward taps a resource found in every high school in America - influential students - to increase the number who pursue higher education. We work with school partners to select students and an advisor, train them at powerful summer workshops and 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. Our schools achieve 26% higher rates of financial aid applications than similar schools without PeerForward. Recently the organization adopted a new model that allowed it to cut costs while increasing impact, reaching about 85,000 students a year.

Impact Information

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Reported Results
Total in 2017
Percentage of seniors in partner high schools who complete the FAFSA
54
This impact information is current as of August 2020, 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

two stars

70.27

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2020 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)
77.2%
  Administrative Expenses 7.9%
  Fundraising Expenses 14.7%
  Fundraising Efficiency $0.31
  Working Capital Ratio (years) 0.45
  Program Expenses Growth -19.5%
  Liabilities to Assets 35.0%
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) 78.97 two stars
Rainier Scholars (WA) 95.75 four stars
Teach For America (NY) 87.77 three stars
Students Rising Above (CA) 91.04 four stars
College Possible (MN) 91.28 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,806,509
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $418,292
   Related Organizations $0
   Government Grants $18,008
Total Contributions $3,242,809
   Program Service Revenue $1,054,781
Total Primary Revenue $4,297,590
   Other Revenue $-323,135
TOTAL REVENUE $3,974,455
   
EXPENSES  
   Program Expenses $4,304,100
   Administrative Expenses $347,237
   Fundraising Expenses $185,089
TOTAL FUNCTIONAL EXPENSES $4,836,426
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-861,971
   
Net Assets $2,850,487

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
Peer Leaders Program $3,952,443 91.8%
Innovation $351,657 8.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-04 06/01/2020 78.97 two stars
2018-04 12/01/2019 72.23 two stars
2018-04 08/01/2019 71.80 two stars
2017-04 07/01/2018 79.21 two stars
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

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, 2018
  • April, 2017
  • April, 2016
  • April, 2015
  • April, 2014
Compensation % of Expenses Paid to Title
$257,002 5.31% Keith Frome CEO, Secretary, Co-Founder
Other Salaries of Note
$204,554 4.22% Joanne Smith President, COO

Highly Rated

Charity Name & State Overall Score Overall Rating
PeerForward (DC) 78.97 two stars
Educando by Worldfund (DC) 90.28 four stars
Year Up (MA) 91.95 four stars
The Shawn Carter Foundation (FL) 85.81 three stars
Rainier Scholars (WA) 95.75 four 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

Nicholas M. Florio
Chair

CEO

Gary Z. Linnen
Chief Executive Officer

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