2025-09-08T13:07:48-05:00 2024-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2024-01-01 521761312 COLLEGE BOUND INC COLL 2028420858 128 M STREET NW 220 WASHINGTON DC 20001 KENNETH WARD EXECUTIVE DIRECTOR 2028420858 2025-09-03 1 1 JENNIFER S HAN P00633304 2022937000 2025-09-03 2024 2025-03-06 01:10:19Z KENNETH WARD 128 M STREET NW 220 WASHINGTON DC 20001 981849 0 X WWW.COLLEGEBOUND.ORG X 1991 DC COLLEGE BOUND PREPARES STUDENTS TO GRADUATE COLLEGE AND ACHIEVE PERSONAL AND PROFESSIONAL GOALS. 14 14 8 575 0 0 1193679 918261 64416 52256 791 847 -689 -8849 1258197 962515 265125 225688 0 0 553237 516346 0 21900 78930 378493 353979 1196855 1117913 61342 -155398 879752 685387 124353 73440 755399 611947 X TO PREPARE PUBLIC AND PUBLIC CHARTER SCHOOL STUDENTS IN THE METROPOLITAN WASHINGTON, D.C. AREA TO ENTER COLLEGE, EARN A DEGREE, AND ACHIEVE THEIR PERSONAL AND PROFESSIONAL GOALS. 0 0 946275 225688 52256 COLLEGE BOUND ACCOMPLISHES ITS MISSION BY PROVIDING SUSTAINED TUTORING, MENTORING, AND COLLEGE PREPARATORY ENRICHMENT ACTIVITIES TO OVER 200 STUDENTS IN ITS WEEKLY ACADEMIC MENTORING PROGRAM AND AN ADDITIONAL 250 STUDENTS THROUGH ITS OUTREACH ACTIVITIES. COLLEGE BOUND HAS A PROVEN TRACK RECORD OF SUCCESS FOR STUDENTS IN TERMS OF ACADEMIC PERFORMANCE AND ENTRANCE TO INSTITUTIONS OF HIGHER EDUCATION.COLLEGE BOUND'S MULTI-PRONGED APPROACH TO SUPPORTING STUDENTS HAS BEEN HELPING PUBLIC SCHOOL STUDENTS MAKE COLLEGE A REALITY SINCE 1991. ITS ACADEMIC MENTORING PROGRAM MATCHES OVER 200 STUDENTS IN 8TH- 12TH GRADE WITH COLLEGE-EDUCATED PROFESSIONALS WHO BECOME THEIR ACADEMIC MENTORS. PAIRS MEET ONCE A WEEK FOR TWO HOURS DURING THE SCHOOL YEAR AT ONE OF EIGHT COMMUNITY-BASED SITES. MENTOR-STUDENT PAIRS ALSO PARTICIPATE IN MONTHLY ACTIVITIES OUTSIDE OF THE SITE TO REINFORCE AND STRENGTHEN THE MENTORING RELATIONSHIP. THROUGH WRITING WORKSHOPS, WRITING COACHES HELP STUDENTS DEVELOP THE WRITING SKILLS NEEDED NOT ONLY FOR COLLEGE APPLICATIONS AND FINANCIAL SCHOLARSHIPS BUT TO COMMUNICATE MORE EFFECTIVELY. WEEKLY JOURNALING IS ALSO AN INTEGRAL PART OF THE AGENDA FOR STUDENTS AND MENTORS AT THE PROGRAM SITES. SAT PREPARATION IS OFFERED TWICE A YEAR AND PROVIDES PARTICIPANTS WITH ACCESS TO A LOW-COST 10-WEEK TEST PREPARATION COURSE TAUGHT BY INDUSTRY PROFESSIONALS. AFTER COMPLETING THE SAT CLASS, STUDENTS ARE ENROLLED IN ONE-ON-ONE SAT TUTORING IN THE NEXT SEMESTER, WHICH IS TAILORED TO ADDRESS THEIR INDIVIDUAL NEEDS, RESULTING IN AVERAGE INCREASES OF 200-400 POINTS ON THE SAT. TWO COLLEGE TOURS, A COLLEGE FAIR, AND A CAREER NIGHT/EXPLORATION EVENT ARE OFFERED TO EXPAND STUDENTS' AWARENESS OF THE VALUE OF A COLLEGE EDUCATION. THE FALL TOUR IS A ONE-DAY VISIT TO TWO TO THREE SCHOOLS WITHIN A SPECIFIED REGIONAL RADIUS, WHILE THE FOUR-DAY SPRING TOUR TAKES PLACE OVER SPRING BREAK, WITH VISITS TO EIGHT TO TEN COLLEGES AND UNIVERSITIES. THE COLLEGE FAIR, WHICH TAKES PLACE IN THE FALL, IS DEVELOPED BY STUDENTS, PARENTS, VOLUNTEERS, AND COMMUNITY LEADERS, AND HOSTED BY OUR PARTNERS WHO ATTEND, REPRESENTING THEIR ALMA MATERS. SEVERAL UNIVERSITY REPRESENTATIVES OFFER ON-SITE ADMISSIONS OR FEE WAIVERS TO SENIORS. CAREER NIGHT, OUR ANNUAL CAREER FAIR, IS HOSTED BY THE UNIVERSITY CLUB FOR 10TH- TO 12TH-GRADE STUDENTS, WHERE THEY PARTICIPATE IN ROUNDTABLE DISCUSSIONS ON CAREER GOALS AND OPPORTUNITIES AVAILABLE TO THEM AFTER COLLEGE GRADUATION. DUE TO OUR GROWTH, WE OFFER SEPARATE CAREER EXPLORATION PROGRAMS FOR 8TH AND 9TH GRADERS TO EXPOSE THEM TO A WIDE RANGE OF CAREER PATHS.BOTH EVENTS FEATURE KEYNOTE SPEAKERS WHO HAVE DISTINGUISHED THEMSELVES IN THEIR CHOSEN CAREER PATHS. TO ADDRESS STUDENTS' INTEREST AND THE NEED TO INCREASE THEIR AWARENESS OF STEM OPTIONS, COLLEGE BOUND OFFERS REMEDIATION AND ENRICHMENT TWICE WEEKLY THROUGH ITS "STEM IN YOUR HOOD" PROGRAM. ADDITIONALLY, STEM PROFESSIONALS MEET WITH STUDENTS MONTHLY DURING "MEDITECH TUESDAYS" TO PROVIDE INSIGHT ON CAREER OPPORTUNITIES IN STEM. WE OFFER SCHOLARSHIPS TO ASSIST OUR STUDENTS WITH FUNDING THEIR EDUCATION, TOTALING MORE THAN $260,000 FOR THE CLASS OF 2025. SCHOLARSHIPS RANGE FROM $500 TO $20,000. FINALLY, OUR VIRTUAL MENTORING PROGRAM (VMP) OFFERS ALUMNI ACCESS TO SERVICES THAT STUDENTS NEED TO SUCCEED AS THEY PROGRESS THROUGH COLLEGE. THE PROGRAM PROVIDES A "SAFETY NET" TO HELP THEM SUCCEED IN THIS NEW ENVIRONMENT. THE PROGRAM INCLUDES COLLEGE COACHING, COLLEGE TRANSITION SUPPORT, PEER MENTORING, SCHOLARSHIP INFORMATION, AND INTERNSHIPS. EACH FRESHMAN RECEIVES AT LEAST ONE CAMPUS VISIT, AND MORE IF NEEDED. THESE SUPPORTS HELP INCREASE COLLEGE RETENTION AND GRADUATION RATES FOR STUDENTS, ENSURING THEIR SUCCESS. STUDENTS ALSO RETURN TO THE HIGH SCHOOL PROGRAM WHEN THEY ARE BACK HOME TO SHARE THEIR COLLEGE EXPERIENCES WITH CURRENT PROGRAM PARTICIPANTS DURING "ALUMNI WEEK". WE ALSO OFFER WORKSHOPS AND NETWORKING EVENTS FOR VMP PARTICIPANTS DURING THE WINTER AND SUMMER BREAKS. OUR COLLEGE GRADUATION RATES (4-YEAR: 60%; 6-YEAR: 77%) EXCEED THE NATIONAL AVERAGE FOR ALL STUDENTS AND ARE MORE THAN DOUBLE THOSE FOR THE DEMOGRAPHIC WE SERVE. 946275 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X MICHAEL GRANT 2028420858 128 M STREET NW 220 WASHINGTON DC 20001 TRENEISHA JONES-GASTON CHAIR (THRU JULY), BOARD MEMBER 8.00 X X 0 0 0 MICHAEL GRANT BOARD MEMBER, CHAIR (FROM JULY) 8.00 X X 0 0 0 HELYNN STEPHENS-NELSON BOARD VICE CHAIR 6.00 X X 0 0 0 QUIANA MITCHEM BOARD TREASURER 6.00 X X 0 0 0 SIOBHAN RAUSCH BOARD SECRETARY 6.00 X X 0 0 0 MONICA DAVIS BOARD MEMBER 4.00 X 0 0 0 DJANGO DEGREE BOARD MEMBER 4.00 X 0 0 0 JACQUI FRANCIS BOARD MEMBER 4.00 X 0 0 0 TRACEY HUGHES BOARD MEMBER 4.00 X 0 0 0 MALINDA LINDSEY BOARD MEMBER 4.00 X 0 0 0 GOUTAM PATNAIK BOARD MEMBER 4.00 X 0 0 0 ARCHIE RICH BOARD MEMBER 4.00 X 0 0 0 AMY TITUS BOARD MEMBER 4.00 X 0 0 0 DEBORAH WILLIAMS-LOFTON BOARD MEMBER 4.00 X 0 0 0 KENNETH WARD EXECUTIVE DIRECTOR 60.00 X 153508 0 23882 153508 0 23882 1 0 1 0 0 14290 10440 893531 918261 EVENT INCOME 900099 52256 52256 52256 847 847 10485 10440 19334 -8849 -8849 962515 52256 0 -8002 X 225688 225688 177390 141912 17739 17739 287872 257739 3489 26644 13617 11697 621 1299 37467 33250 450 3767 63124 63124 21900 21900 60591 59450 369 772 3089 3089 14348 9761 3959 628 4638 4326 101 211 39154 33632 1787 3735 91954 91952 1 1 52852 52852 2302 1977 105 220 14859 12764 678 1417 DUES AND SUBSCRIPTIONS 7068 6186 285 597 1117913 946275 92708 78930 400345 372644 92976 43694 252231 156950 2000 0 1552 3534 40755 35119 6739 5636 70652 85100 5781 5959 47476 11870 879752 685387 79274 64194 45079 9246 124353 73440 X 169496 -45895 585903 657842 755399 611947 879752 685387 X -155398 13946 -2000 X X 0 1 X 1 0 X 1014121 1149122 1179320 1193679 918261 5454503 17800 17800 1031921 1149122 1179320 1193679 918261 5472303 1972156 3500147 478 571 683 791 847 3370 6425 6425 5482098 196903 0.63850 0.64440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 6,425. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39663 34027 5636 1092 1092 0 5636 OPERATING LEASE LIABILITY 9246 9246 X 1006643 13946 10848 19334 44128 962515 0 962515 1150095 10848 21334 32182 1117913 0 1117913 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE WERE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEEDED TO BE RECORDED. THE ORGANIZATION'S INFORMATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED, EXCEPT UNDER CERTAIN CIRCUMSTANCES. THE ORGANIZATION'S INFORMATION RETURN FOR THE YEARS ENDED DECEMBER 31, 2021 TO 2023, ARE OPEN FOR A TAX EXAMINATION BY THE INTERNAL REVENUE SERVICE, ALTHOUGH NO REQUEST HAS BEEN MADE AS OF THE DATE OF THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 19,334. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 19,334. WRITE OFF OF LOAN RECIEVABLE 2,000. X X X 1 THE SAVVY GENERALIST LLC 237 HIGH WOODS RIDGE CHAPEL HILL NC 27517 FUNDRAISING AND GRANT DEVELOPMENT 0 0 21900 -21900 21900 -21900 MD VA GOLF TOURNAMENT 20925 10440 10485 1099 4054 14181 20925 10440 10485 1099 4054 14181 19334 -8849 1 COLLEGE SCHOLARSHIPS 112 225688 PART I, LINE 2: ALL SCHOLARSHIPS ARE MONITORED ON A REGULAR BASIS BY TYPE, AMOUNT, AND DATE REQUESTED FOR EACH GRANT. IN ORDER TO RECEIVE FUTURE SCHOLARSHIP DISBURSEMENTS, MINIMUM STANDARDS MUST BE MET BY THE RECIPIENTS. X X X X 0 0 0 0 0 0 0 0 0 KENNETH WARD EXECUTIVE DIRECTOR 153508 0 0 0 0 0 0 0 23882 0 177390 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM AND A DRAFT OF THE FORM IS REVIEWED BY MANAGEMENT. THE DRAFT IS THEN DISTRIBUTED BY E-MAIL TO THE ORGANIZATION'S FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN OFFICER, DIRECTOR, OR EMPLOYEE MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTERESTS IN THE ORGANIZATION, INCLUDING BUSINESS AND FAMILY RELATIONSHIPS IN THE ORGANIZATION. EACH OFFICER, DIRECTOR, OR EMPLOYEE IS REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE QUESTIONNAIRE ON AN ANNUAL BASIS. ANY POSSIBLE DISCLOSED FINANCIAL INTEREST, OR BUSINESS AND FAMILY RELATIONSHIPS, ARE REVIEWED BY THE COLLEGE BOUND EXECUTIVE DIRECTOR TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. (NOTE THAT A FINANCIAL INTEREST OR BUSINESS AND FAMILY RELATIONSHIP DOES NOT NECESSARILY CONSTITUTE A CONFLICT OF INTEREST.) IF THE PERSON DISCLOSING THE FINANCIAL INTEREST OR EXISTING BUSINESS AND FAMILY RELATIONSHIPS IS A CURRENT MEMBER OF THE EXECUTIVE COMMITTEE, SAID MEMBER SHALL LEAVE THE MEETING ROOM DURING THE DISCUSSION OF, AND THE VOTE ON, WHETHER A CONFLICT OF INTEREST EXISTS. IF THE EXECUTIVE COMMITTEE DETERMINES A CONFLICT OF INTEREST EXISTS, THE EXECUTIVE COMMITTEE SHALL TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD EXECUTIVE COMMITTEE IS CHARGED WITH OVERSIGHT OF EXECUTIVE COMPENSATION. THE BOARD EXECUTIVE COMMITTEE ESTABLISHES PERFORMANCE METRICS FOR THE EXECUTIVE DIRECTOR. FOLLOWING THE CLOSE OF THE YEAR, THE COMPENSATION COMMITTEE REVIEWS THE RESULTS TO DETERMINE THE OVERALL LEVEL OF PERFORMANCE. A THIRD-PARTY COMPENSATION CONSULTANT IS ENGAGED TO REVIEW MARKET COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE BOARD EXECUTIVE COMMITTEE PROPOSES CHANGES IN COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON PERFORMANCE OUTCOMES TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. THE LAST COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR WAS PERFORMED JANUARY 2025. FORM 990, PART VI, SECTION B, LINE 15B: THE ORGANIZATION DOES NOT HAVE ANY OFFICERS OR KEY EMPLOYEES OTHER THAN THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G COLLEGE TOUR: PROGRAM SERVICE EXPENSES 25,069. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,069. TRAINING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 15,430. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,430. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 12,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,000. PAYROLL FEES: PROGRAM SERVICE EXPENSES 6,951. MANAGEMENT AND GENERAL EXPENSES 369. FUNDRAISING EXPENSES 772. TOTAL EXPENSES 8,092. FORM 990, PART XI, LINE 9: WRITE OFF OF LOAN RECIEVABLE -2,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.