2024-04-14T21:25:44-07:00 2023-06-30 461798163 Select ARC LLC 20 Park Vista Ct Silver Spring MD 20906 990 2022-07-01 521720876 First Generation College Bound Inc FIRS 3014900911 8101 Sandy Spring Road Laurel MD 20707 Joseph Fisher Chief Executive Officer 3014900911 2023-11-09 true Joseph Fisher XXX-XX-XXXX true Vivian P Jenkins P01682838 3017414440 2024-04-15 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Joseph Fisher 8101 Sandy Spring Rd Laurel MD 20707 1933298 false X www.fgcb.org X 1991 MD FGCB exists to inspire low income and first-generation youth to achieve their social and economic success by providing advice, encouragement, and support to obtain a college degree. 11 10 16 36 0 0 1294292 1894475 12965 13875 594 24948 0 1307851 1933298 0 0 641470 746270 0 75357 436326 534121 1077796 1280391 230055 652907 1292907 2290586 79385 424154 1213522 1866432 FGCB exists to inspire low income and first-generation youth to achieve their social and economic success by providing advice, encouragement, and support to obtain a college degree. false false 962666 0 13875 The College Access program supported 183 seniors, 109 juniors, and 45 sophomores. Accomplishments 100% of students graduated high school and 100% of students were accepted to at least one college or university. 188 high school seniors successfully matriculated to college. 52% of students committed to a four-year college with 48% committed to a two year college. A total of $3 million was awarded to FGCB students from various sources (as reported on their financial aid packages) entering college in 2023. FGCB is not a source of providing financial aid to any student. FGCB also recognized 10 college graduates who earned an associate's degree, 61 students who earned a bachelor's degree, 6 students who earned a graduate degree, and 1 student who earned a doctorate degree. FGCB maintained a 77% first- year freshman-to- sophomore retention rate. During this academic year, the process began to add an additional college access site for the 2023-2024 academic year (the International School at Langley Park). 48924 0 0 Homework Club- 33 students (an increase of 23 students) 1011590 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false true 0 0 16 true false false false false false false false false false false X 11 10 false false false false false false false true false false false true true true true true true true false false X Joseph Fisher 3014900911 8101 Sandy Spring Road Laurel MD 20707 Joseph Fisher CEO 40.00 X X 80288 0 2975 Gavin Brown Board Chair 2.00 X X 0 0 0 Michael Wood Secretary 1.00 X X 0 0 0 Florence Akadje Director 1.00 X 0 0 0 Janice Breslin-Doyle Director 1.00 X 0 0 0 Robb Cecil Director 1.00 X 0 0 0 Benee Edwards Director 1.00 X 0 0 0 Raymond Farmer Director 1.00 X 0 0 0 Tracey Jamison Director 1.00 X 0 0 0 Anil Kochhar Director 1.00 X 0 0 0 Marquise McCoy Director 1.00 X 0 0 0 Rena Ross Director 1.00 X 0 0 0 80288 0 2975 false false false 821652 1072823 1894475 Application fees 611710 3075 0 0 Consulting 611710 10800 0 0 13875 24948 0 24948 1933298 13875 0 24948 80288 59413 16861 4014 578272 526557 43223 8492 13871 10264 2913 694 22692 16792 4765 1135 51147 45719 4384 1044 136586 58951 29548 48087 75717 50409 21902 3406 67332 67332 0 0 85045 59160 22733 3152 47977 36331 9486 2160 78872 52366 23568 2938 19495 17293 2202 0 260 0 260 0 1543 0 1543 0 6567 3488 2843 236 Board/staff expenses 10632 5223 5409 0 Recuitment costs 2111 306 1805 0 Enrichment/Recognition Activity 1987 1987 0 0 Rounding errors -3 -1 -1 -1 1280391 1011590 193444 75357 225491 206302 959095 1237761 0 518206 77212 17000 4097 1616 26706 20390 7858 6316 19154 303385 1292907 2290586 59147 58457 50000 20238 315697 79385 424154 X 1213522 1785713 80719 1213522 1866432 1292907 2290586 X 652907 3 X false true X false false X 0 1186880 1123630 1258237 1294292 1894475 6757514 0 0 1186880 1123630 1258237 1294292 1894475 6757514 164178 6593336 3079 3339 1638 594 24948 33598 0 0 6791112 61436 0.97090 0.96080 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 5179 2300 2879 21527 18090 3437 6316 Right of use assets 303385 303385 Deferred rent 0 Operating lease liabilities 315697 315697 X 1933298 1933298 1933298 1280391 1280391 1280391 Pt X, Line 2 We are required to file Form 990, Return of Organization Exempt from Income Tax, with the Internal Revenue Service. We follow the income tax standards for uncertain tax positions. This standard had no impact on our financial statements. Our income tax returns are subject to review and examination by federal and state authorities. We are not aware of any activities that would jeopardize its tax-exempt status or any activities that are subject to tax on unrelated business income taxes. Judith A Baylor relative of J. Fisher, CEO 37887 compensation arrangement false Patricia L Fisher relative of J. Fisher, CEO 31946 compensation arrangement false Pt VI, Line 11b Each year, prior to the submission of the organizations Form 990 to the Internal Revenue Service, each member of the Finance Committee that represents the board of directors will be provided with a copy of the final Form 990 as completed by the organizations Certified Public Accountant and will be provided with at least five business days to review the Form. The committee will have an opportunity to raise questions, make suggestions, and address any potential problems or concerns with the CPA. Pt VI, Line 12c THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE BY HAVING INTERESTED PARTIES COMPLETE A STATEMENT DISCLOSING ANY CONFLICTS UPON HIS/HER ASSOCIATION WITH THE ORGANIZATION. DISCLOSURE STATEMENTS ARE COMPLETED ANNUALLY THEREAFTER, AS WELL AS AT SUCH TIME AS AN ACTUAL OR POTENTIAL CONFLICT ARISES. Pt VI, Line 15a COMPENSATION OF THE CEO IS EVALUATED BY THE BOARD OF DIRECTORS ANNUALLY USING METHODS SUCH AS SALARY AND BENEFIT OMPENSATION STUDIES BY INDEPENDENT SOURCES AND COMPARING COMPENSATION TO POSITIONS AT SIMILAR ORGANIZATIONS. Pt VI, Line 8b No committees with authority to act on behalf of the governing body existed during the period. Pt XI Rounding error.