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Nonprofit · EIN 52-1598921

COLLEGEBOUND FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21218

Financials

$8.6M$6M2022$21.7M$7.3M2023$8.4M$8.9M2024
Revenue Expenses · by fiscal year end
Financials of COLLEGEBOUND FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,367,261$8,854,813-$487,552$61,450,595$4,446,194$57,004,401
June 30, 2024990$21,717,252$7,270,211$14,447,041$57,139,518$1,065,809$56,073,709
June 30, 2023990$8,625,849$6,020,853$2,604,996$40,172,443$942,941$39,229,502
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,938,337
of which government grants
$453,141
Program service revenue
$1,310,710
Investment income
$2,120,271
Net gain from sales of assets
$646,294
Net income from fundraising events
-$2,057
Other revenue
-$2,057

Expenses

Grants and similar amounts paid
$2,078,270
Compensation of officers, directors and key employees
$218,450
Other salaries and wages
$3,789,054
Salaries, compensation and benefits (total)
$4,799,697
Professional fundraising fees
$0
Accounting fees
$255,830
Occupancy
$290,164
Travel
$92,140
Depreciation
$71,129
Program services (functional)
$7,791,996
Management and general (functional)
$604,341
Fundraising (functional)
$458,476

Balance sheet and other

Total assets, start of year
$57,139,518
Total assets, end of year
$61,450,595
Total liabilities, end of year
$4,446,194
Net assets, end of year
$57,004,401
Land, buildings and equipment
$400,471
Publicly traded securities
$39,375,730
Net assets without donor restrictions
$31,674,563
Net assets with donor restrictions
$25,329,838
Gross receipts
$8,634,492
Employees
66
Volunteers
150
Year formed
1988
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CATHERINE MOTZEXECUTIVE DIRECTOR
Trustee or director, Officer
40$196,356$21,586
JENNIFER COVAHEYDIRECTOR OF COLLEGE SUCCES
Highest-paid employee
40$118,006$13,842
KRISTI LYNN STRAIGHTDIRECTOR OF ACCOUNTING
Highest-paid employee
40$104,111$1,888
ALICIA WILSONCHAIR
Trustee or director, Officer
1$0$0
ROBERT C EMBRY JRTREASURER (UNTIL 12/25)
Trustee or director, Officer
1$0$0
CAROL D RECKLINGSECRETARY
Trustee or director, Officer
1$0$0
DAVID GIBBONSDIRECTOR
Trustee or director
1$0$0
MARK GINSBERGDIRECTOR
Trustee or director
1$0$0
RICHARD GREENWOODDIRECTOR
Trustee or director
1$0$0
MICHAEL E HAYNIEDIRECTOR
Trustee or director
1$0$0
BRETT INGERMANDIRECTOR
Trustee or director
1$0$0
JULIA JASKENDIRECTOR
Trustee or director
1$0$0
ADRIAN S JOHNSONDIRECTOR
Trustee or director
1$0$0
J DREXEL KNIGHTDIRECTOR
Trustee or director
1$0$0
ALICE T LILLYDIRECTOR
Trustee or director
1$0$0
22 more people on this return
NameTitleHours / weekCompensation
EDWIN LUGO IIDIRECTOR
Trustee or director
1$0
JOHN MCLAUGHLINDIRECTOR
Trustee or director
1$0
THE HONORABLE WES MOOREDIRECTOR
Trustee or director
1$0
PETER H NACHTWEYDIRECTOR
Trustee or director
1$0
DR ASMA NAEEMDIRECTOR
Trustee or director
1$0
JOSHUA PERRYDIRECTOR
Trustee or director
1$0
THOMASINA POIROTDIRECTOR
Trustee or director
1$0
DAVID A QUARANTADIRECTOR
Trustee or director
1$0
GEORGE ROCHEDIRECTOR
Trustee or director
1$0
THE HONORABLE JULIE R RUBINDIRECTOR
Trustee or director
1$0
ROBERT SALLEYDIRECTOR
Trustee or director
1$0
DR SONJA B SANTELISESDIRECTOR
Trustee or director
1$0
TERRY SAWYERDIRECTOR
Trustee or director
1$0
CHARLES SCHEELERDIRECTOR
Trustee or director
1$0
BALTIMORE MAYOR BRANDON SCOTTDIRECTOR
Trustee or director
1$0
DAVID WILSONDIRECTOR
Trustee or director
1$0
SAMUEL T WOODSIDEDIRECTOR
Trustee or director
1$0
DR CAREY WRIGHTDIRECTOR
Trustee or director
1$0
GREG BROWNDIRECTOR (UNTIL 1/25)
Trustee or director
1$0
ATERIA GRIFFONDIRECTOR (UNTIL 7/3/24)
Trustee or director
1$0
D SCOTT WARMANDIRECTOR (UNTIL 6/25/25)
Trustee or director
1$0
CHARLES WASHINGTONDIRECTOR (UNTIL 6/25/25)
Trustee or director
1$0
990 for the year ended June 30, 2024: 38 people
NameTitleHours / weekCompensationOther / benefits
CATHERINE MOTZEXECUTIVE DIRECTOR
Officer
40$193,597$20,935
SHANETTE QUATTLEBAUMDIRECTOR OF ACCOUTING AND HUMAN RESOURCES
Officer
40$109,589$28,994
JENNIFER COVAHEYDIRECTOR OF COLLEGE SUCCESS
Officer
40$109,408$11,537
MARQUISE O'NEALPROGRAM DIRECTOR OF HIGH SCHOOLS
Officer
40$94,615$9,701
ALICIA WILSONCHAIR
Trustee or director, Officer
1$0$0
ROBERT C EMBRY JRTREASURER
Trustee or director, Officer
1$0$0
CAROL D RECKLINGSECRETARY
Trustee or director, Officer
1$0$0
GREG BROWNDIRECTOR
Trustee or director
1$0$0
DAVID GIBBONSDIRECTOR
Trustee or director
1$0$0
RICHARD GREENWOODDIRECTOR
Trustee or director
1$0$0
MARK GINSBERGDIRECTOR
Trustee or director
1$0$0
ATERIA GRIFFONDIRECTOR
Trustee or director
1$0$0
MICHAEL E HAYNIEDIRECTOR
Trustee or director
1$0$0
BRETT INGERMANDIRECTOR
Trustee or director
1$0$0
JULIA JASKENDIRECTOR
Trustee or director
1$0$0
ADRIAN S JOHNSONDIRECTOR
Trustee or director
1$0$0
J DREXEL KNIGHTDIRECTOR
Trustee or director
1$0$0
EDWIN LUGO IIDIRECTOR
Trustee or director
1$0$0
JOHN MCLAUGHLINDIRECTOR
Trustee or director
1$0$0
THE HONORABLE WES MOOREDIRECTOR
Trustee or director
1$0$0
PETER H NACHTWEYDIRECTOR
Trustee or director
1$0$0
ASMA NAEEMDIRECTOR (AS OF 3/24)
Trustee or director
1$0$0
JOSHUA PERRYDIRECTOR
Trustee or director
1$0$0
THOMASINA POIROTDIRECTOR
Trustee or director
1$0$0
DAVID A QUARANTADIRECTOR
Trustee or director
1$0$0
GEORGE ROCHEDIRECTOR
Trustee or director
1$0$0
THE HONORABLE JULIE R RUBINDIRECTOR
Trustee or director
1$0$0
DR SONJA B SANTELISESDIRECTOR
Trustee or director
1$0$0
CHARLES SCHEELERDIRECTOR
Trustee or director
1$0$0
BALTIMORE MAYOR BRANDON SCOTTDIRECTOR
Trustee or director
1$0$0
D SCOTT WARMANDIRECTOR
Trustee or director
1$0$0
CHARLES WASHINGTONDIRECTOR
Trustee or director
1$0$0
DAVID WILSONDIRECTOR
Trustee or director
1$0$0
SAMUEL T WOODSIDEDIRECTOR
Trustee or director
1$0$0
DR CAREY WRIGHTDIRECTOR
Trustee or director
1$0$0
MOHAMMED CHOUDHURYDIRECTOR (UNTIL 10/23)
Trustee or director
1$0$0
JEANNE HITCHCOCKDIRECTOR (UNTIL 12/23)
Trustee or director
1$0$0
DR MELANIE PERREAULTDIRECTOR (UNTIL 11/23)
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 39 people
NameTitleHours / weekCompensationOther / benefits
CATHERINE MOTZEXECUTIVE DIRECTOR
Officer
40$187,642$19,586
SHANETTE QUATTLEBAUMDIRECTOR OF ACCOUNTING & HR
Officer
40$97,923$13,561
JENNIFER D COVAHEYDIRECTOR OF COLLEGE SUCCESS
Officer
40$97,067$9,861
MARQUISE A O'NEALDIRECTOR OF HIGH SCHOOL PROGRAM
Officer
40$92,298$3,704
ALICIA WILSONCHAIR
Trustee or director, Officer
1$0$0
ROBERT C EMBRY JRTREASURER
Trustee or director, Officer
1$0$0
CAROL D RECKLINGSECRETARY
Trustee or director, Officer
1$0$0
ROBERT D BIAGIOTTIDIRECTOR
Trustee or director
1$0$0
GREG BROWNDIRECTOR
Trustee or director
1$0$0
MOHAMMED CHOUDHURYDIRECTOR
Trustee or director
1$0$0
DAVID GIBBONSDIRECTOR
Trustee or director
1$0$0
RICHARD GREENWOODDIRECTOR
Trustee or director
1$0$0
ATERIA GRIFFONDIRECTOR
Trustee or director
1$0$0
MICHAEL E HAYNIEDIRECTOR
Trustee or director
1$0$0
JEANNE HITCHCOCKDIRECTOR
Trustee or director
1$0$0
THE HONORABLE LARRY HOGANDIRECTOR (UNTIL 1/23)
Trustee or director
1$0$0
BRETT INGERMANDIRECTOR
Trustee or director
1$0$0
JULIA JASKENDIRECTOR
Trustee or director
1$0$0
ADRIAN S JOHNSONDIRECTOR
Trustee or director
1$0$0
J DREXEL KNIGHTDIRECTOR
Trustee or director
1$0$0
EDWIN LUGO IIDIRECTOR
Trustee or director
1$0$0
JOHN MCLAUGHLINDIRECTOR
Trustee or director
1$0$0
THE HONORABLE WES MOOREDIRECTOR
Trustee or director
1$0$0
PETER H NACHTWEYDIRECTOR
Trustee or director
1$0$0
JOSHUA PERRYDIRECTOR
Trustee or director
1$0$0
DR MELANIE PERREAULTDIRECTOR
Trustee or director
1$0$0
THOMASINA POIROTDIRECTOR
Trustee or director
1$0$0
DAVID A QUARANTADIRECTOR
Trustee or director
1$0$0
GEORGE ROCHEDIRECTOR
Trustee or director
1$0$0
THE HONORABLE JULIE R RUBINDIRECTOR
Trustee or director
1$0$0
SONJA B SANTELISESDIRECTOR
Trustee or director
1$0$0
KIM SCHATZELDIRECTOR (UNTIL 2/23)
Trustee or director
1$0$0
CHARLES SCHEELERDIRECTOR
Trustee or director
1$0$0
THE HONORABLE BRANDON SCOTTDIRECTOR
Trustee or director
1$0$0
D SCOTT WARMANDIRECTOR
Trustee or director
1$0$0
ALAN WEISSDIRECTOR (UNTIL 12/22)
Trustee or director
1$0$0
DAVID WILSONDIRECTOR
Trustee or director
1$0$0
SAMUEL T WOODSIDEDIRECTOR
Trustee or director
1$0$0
DR CAREY WRIGHTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2507 N HOWARD ST STE 200, BALTIMORE, MD 21218-6856
Principal officer (990 for 2024)
CATHERINE MOTZ, 2507 N HOWARD STREET 200, BALTIMORE, MD 21218
Signed the 990
CATHERINE MOTZ, EXECUTIVE DIRECTOR
Phone
(410) 781-3676
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

COLLEGEBOUND EMPOWERS BALTIMORE CITY SCHOOLS' STUDENTS TO SUCCESSFULLY PURSUE AND COMPLETE A COLLEGE DEGREE OR OTHER POST-SECONDARY OPTIONS. AS A TRUSTED ADVOCATE FOR CITY-WIDE COLLEGE ACCESS, RETENTION, AND GRADUATION, WE PROVIDE ADVISING, FINANCIAL GUIDANCE, SCHOLARSHIPS AND OTHER RESOURCES.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ENCOURAGE AND ENABLE BALTIMORE CITY PUBLIC SCHOOL STUDENTS TO PURSUE A POSTSECONDARY EDUCATION BY PROVIDING COUNSELING THROUGH ITS COLLEGE ADVISING PROGRAM AND FINANCIAL RESOURCES, PROVIDING SCHOLARSHIPS AND LAST DOLLAR GRANT AWARDS TO STUDENTS.
    Expenses $7,791,996 · grants $2,078,270 · revenue $1,310,710

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1598921
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$61,450,595
Income (IRS master file)
$8,634,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,367,261$8,854,813$61,450,595IRS
990June 2024$21,717,252$7,270,211$57,139,518IRS
990June 2023$8,625,849$6,020,853$40,172,443XML
990June 2022$8,585,423$4,793,505$36,170,637IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1598921).

Questions about COLLEGEBOUND FOUNDATION INC

What is the EIN of COLLEGEBOUND FOUNDATION INC?
The employer identification number (EIN) of COLLEGEBOUND FOUNDATION INC is 52-1598921.
Is COLLEGEBOUND FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to COLLEGEBOUND FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLLEGEBOUND FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COLLEGEBOUND FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLLEGEBOUND FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COLLEGEBOUND FOUNDATION INC?
The 990 for the year ended June 30, 2025 names CATHERINE MOTZ.
Who are the officers and directors of COLLEGEBOUND FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 37 people; 3 received compensation from the organization, the highest $196,356 (CATHERINE MOTZ, EXECUTIVE DIRECTOR).
How much revenue does COLLEGEBOUND FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,367,261, expenses of $8,854,813 and total assets of $61,450,595 at year end.

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