Nonprofit · EIN 52-1720876
FIRST GENERATION COLLEGE BOUND INC
Tax-exempt · LAUREL, MD 20707
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,641,070 | $1,768,430 | -$127,360 | $2,348,112 | $347,684 | $2,000,428 |
| June 30, 2024 | 990 | $1,806,803 | $1,545,446 | $261,357 | $2,509,743 | $381,955 | $2,127,788 |
| June 30, 2023 | 990 | $1,933,298 | $1,280,391 | $652,907 | $2,290,586 | $424,154 | $1,866,432 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,564,039
- of which government grants
- $1,386,598
- Program service revenue
- $10,100
- Investment income
- $66,931
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $110,000
- Other salaries and wages
- $812,900
- Salaries, compensation and benefits (total)
- $1,048,206
- Professional fundraising fees
- $0
- Accounting fees
- $83,583
- Occupancy
- $87,897
- Travel
- $41,648
- Depreciation
- $1,543
- Program services (functional)
- $1,370,429
- Management and general (functional)
- $207,248
- Fundraising (functional)
- $190,753
Balance sheet and other
- Total assets, start of year
- $2,509,743
- Total assets, end of year
- $2,348,112
- Total liabilities, end of year
- $347,684
- Net assets, end of year
- $2,000,428
- Land, buildings and equipment
- $3,229
- Net assets without donor restrictions
- $1,982,928
- Net assets with donor restrictions
- $17,500
- Gross receipts
- $1,641,070
- Employees
- 19
- Volunteers
- 40
- Year formed
- 1991
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Fisher | CEO Trustee or director, Officer | 40 | $110,000 | $3,300 |
| Janice Breslin-Doyle | Acting Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Michael Wood | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Florence Akadje | Director Trustee or director | 1 | $0 | $0 |
| Robb Cecil | Director Trustee or director | 1 | $0 | $0 |
| Benee Edwards | Director Trustee or director | 1 | $0 | $0 |
| Raymond Farmer | Director Trustee or director | 1 | $0 | $0 |
| Brad Frome | Director Trustee or director | 1 | $0 | $0 |
| Tracey Jamison | Director Trustee or director | 1 | $0 | $0 |
| Anil Kochhar | Director Trustee or director | 1 | $0 | $0 |
| Marquise McCoy | Director Trustee or director | 1 | $0 | $0 |
| Nora McNamara | Director Trustee or director | 1 | $0 | $0 |
| Doris Reed | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Fisher | CEO Trustee or director, Officer | 40 | $100,000 | $3,600 |
| Gavin Brown | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Michael Wood | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Florence Akadje | Director Trustee or director | 1 | $0 | $0 |
| Janice Breslin-Doyle | Director Trustee or director | 1 | $0 | $0 |
| Robb Cecil | Director Trustee or director | 1 | $0 | $0 |
| Benee Edwards | Director Trustee or director | 1 | $0 | $0 |
| Raymond Farmer | Director Trustee or director | 1 | $0 | $0 |
| Brad Frome | Director Trustee or director | 1 | $0 | $0 |
| Tracey Jamison | Director Trustee or director | 1 | $0 | $0 |
| Anil Kochhar | Director Trustee or director | 1 | $0 | $0 |
| Marquise McCoy | Director Trustee or director | 1 | $0 | $0 |
| Nora McNamara | Director Trustee or director | 1 | $0 | $0 |
| Doris Reed | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Joseph Fisher | CEO Trustee or director, Officer | 40 | $80,288 | $2,975 |
| Gavin Brown | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| Michael Wood | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Florence Akadje | Director Trustee or director | 1 | $0 | $0 |
| Janice Breslin-Doyle | Director Trustee or director | 1 | $0 | $0 |
| Robb Cecil | Director Trustee or director | 1 | $0 | $0 |
| Benee Edwards | Director Trustee or director | 1 | $0 | $0 |
| Raymond Farmer | Director Trustee or director | 1 | $0 | $0 |
| Tracey Jamison | Director Trustee or director | 1 | $0 | $0 |
| Anil Kochhar | Director Trustee or director | 1 | $0 | $0 |
| Marquise McCoy | Director Trustee or director | 1 | $0 | $0 |
| Rena Ross | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8101 SANDY SPRING RD STE 230, LAUREL, MD 20707-3596
- In care of
- % JOSEPH A FISHER
- Principal officer (990 for 2024)
- Joseph Fisher, 8101 Sandy Spring Rd, Laurel, MD 20707
- Signed the 990
- Joseph Fisher, Chief Executive Officer
- Phone
- (301) 490-0911
- Website
- www.fgcb.org
- Return prepared by
- Select ARC LLC
Mission
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.
Program accomplishments
- FGCBs signature College Access Program focuses on identifying best-fit and affordable based on each students academic profile and their familys financial profile. During the 2024-2025 academic year, college access services were provided to 247 seniors 197 juniors, and 134 sophomores. FGCB provided more than a dozen programs to help enhance college and career awareness and knowledge of financial aid.Expenses $1,257,683 · revenue $10,075
- Fifty-four students enrolled in Homework Club at the Kimberly Gardens Community. This was an increase of 12 students from the previous year and 14 students over our targeted recruitement goal. This was also our largest group of homework club students to date.Expenses $55,197
- The MD Alliance for College Affordability and Equity component is a coalition of nonprofit organizations throughout Maryland that works to identify barriers and advocate for changes to address these barriers to State policymakers and agencies.Expenses $57,549
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1720876
- 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
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $2,348,112
- Income (IRS master file)
- $1,641,070
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,641,070 | $1,768,430 | $2,348,112 | XML |
| 990 | June 2024 | $1,806,803 | $1,545,446 | $2,509,743 | XML |
| 990 | June 2023 | $1,933,298 | $1,280,391 | $2,290,586 | XML |
| 990 | June 2022 | $1,307,851 | $1,077,796 | $1,292,907 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 52-1720876).
Questions about FIRST GENERATION COLLEGE BOUND INC
- What is the EIN of FIRST GENERATION COLLEGE BOUND INC?
- The employer identification number (EIN) of FIRST GENERATION COLLEGE BOUND INC is 52-1720876.
- Is FIRST GENERATION COLLEGE BOUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to FIRST GENERATION COLLEGE BOUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST GENERATION COLLEGE BOUND 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 FIRST GENERATION COLLEGE BOUND 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 FIRST GENERATION COLLEGE BOUND 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 FIRST GENERATION COLLEGE BOUND INC?
- The 990 for the year ended June 30, 2025 names Joseph Fisher.
- Who are the officers and directors of FIRST GENERATION COLLEGE BOUND INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $110,000 (Joseph Fisher, CEO).
- How much revenue does FIRST GENERATION COLLEGE BOUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,641,070, expenses of $1,768,430 and total assets of $2,348,112 at year end.
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