Nonprofit · EIN 94-3381171
FIRST GRADUATE
Tax-exempt · SAN FRANCISCO, CA 94105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,285,941 | $2,087,056 | $198,885 | $2,103,774 | $304,804 | $1,798,970 |
| June 30, 2024 | 990 | $1,910,932 | $2,032,987 | -$122,055 | $1,965,263 | $366,244 | $1,599,019 |
| June 30, 2023 | 990 | $1,748,727 | $1,918,527 | -$169,800 | $1,884,064 | $162,540 | $1,721,524 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,316,727
- of which government grants
- $116,459
- Program service revenue
- $0
- Investment income
- $23,643
- Net income from fundraising events
- -$54,429
- Other revenue
- -$54,429
Expenses
- Grants and similar amounts paid
- $307,810
- Compensation of officers, directors and key employees
- $170,000
- Other salaries and wages
- $816,255
- Salaries, compensation and benefits (total)
- $1,186,130
- Professional fundraising fees
- $0
- Accounting fees
- $57,996
- Occupancy
- $78,049
- Travel
- $7,824
- Depreciation
- $3,918
- Program services (functional)
- $1,409,425
- Management and general (functional)
- $299,353
- Fundraising (functional)
- $378,278
Balance sheet and other
- Total assets, start of year
- $1,965,263
- Total assets, end of year
- $2,103,774
- Total liabilities, end of year
- $304,804
- Net assets, end of year
- $1,798,970
- Land, buildings and equipment
- $7,204
- Publicly traded securities
- $756,907
- Net assets without donor restrictions
- $807,804
- Net assets with donor restrictions
- $991,166
- Gross receipts
- $2,364,966
- Employees
- 26
- Volunteers
- 15
- Year formed
- 2000
- State of legal domicile
- CA
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 |
|---|---|---|---|
| TERRI FORMAN | SECRETARY AND CEO Trustee or director, Officer | 1 | $164,700 |
| GOPA DASARI | PRESIDENT Trustee or director | 1 | $0 |
| RYAN BAUM | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| HANISH RATHOD | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN A SPENSIERI | BOARD MEMBER Trustee or director | 1 | $0 |
| ROSEMARY ARRIADA KEIPER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARVELL C ALLEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK HAMILTON | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN E KNOWLES | BOARD MEMBER Trustee or director | 1 | $0 |
| TUCKER SERENBETZ | BOARD MEMBER Trustee or director | 1 | $0 |
| ANA CAZENEUVE | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEX LAZO | BOARD MEMBER Trustee or director | 1 | $0 |
| JENINA S SOTO | BOARD MEMBER Trustee or director | 1 | $0 |
| DIONNE TEASLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| SHELLY VERNICK | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRI FORMAN | CHIEF EXECUTIVE DIRECTOR Officer | 40 | $158,800 | $8,286 |
| DANESHA MEAD | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| RYAN BAUM | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| HANISH RATHOD | VICE PRESIDENT, TREASURER & FINANCE COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN A SPENSIERI | VICE PRESIDENT & DEVELOPMENT COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROSEMARY ARRIADA KEIPER | VICE PRESIDENT & GOVERNANCE COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARVELL C ALLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK HAMILTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NEERA BHAT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GOPA DASARI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN KNOWLES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TUCKER SERENBETZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANA CAZENEUVE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ALEX LAZO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENINA SOTO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DIONNE TEASLEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHELLY VERNICK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TERRI FORMAN | EXECUTIVE DIRECTOR Officer | 40 | $140,050 | $17,711 |
| DANESHA MEAD | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| RYAN BAUM | BOARD PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| HANISH RATHOD | FINANCE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| JOHN A SPENSIERI | DEVELOPMENT CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| DANIEL CURME | BOARD MEMBER Trustee or director | 4 | $0 | $0 |
| MARK HAMILTON | BOARD MEMBER Trustee or director | 4 | $0 | $0 |
| MARVELL C ALLEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROSEMARY ARRIADA KEIPER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NEERA BHAT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GOPA DASARI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN KNOWLES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAIME NAJARRO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TUCKER SERENBETZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STEFAN ZORN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 594 HOWARD ST STE 301, SAN FRANCISCO, CA 94105-3026
- In care of
- % JOSE RIVAS
- Principal officer (990 for 2024)
- TERRI FORMAN, 594 HOWARD STREET SUITE 301, SAN FRANCISCO, CA 94105
- Signed the 990
- TERRI FORMAN, SECRETARY AND CEO
- Phone
- (415) 561-3450
- Website
- www.firstgraduate.org
- Return prepared by
- EASY OFFICE DBA JITASA
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3381171 or by the name FIRST GRADUATE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
FIRST GRADUATE'S MISSION IS TO HELP STUDENTS BECOME THE FIRST IN THEIR FAMILIES TO GRADUATE FROM COLLEGE READY TO PURSUE A CAREER THAT IS MEANINGFUL TO THEM. WE ARE A 12-YEAR+ FREE PROGRAM-RECRUITING STUDENTS IN 6TH GRADE. OFFERINGS INCLUDE HOMEWORK AND STUDY SUPPORT, TEST PREP, SCHOOL EVALUATION, FIELD TRIPS AND SCHOOL/UNIVERSITY VISITS, SCHOLARSHIP AND INTERNSHIP ACCESS, COMMUNITY BUILDING, CAREER PRESENTATIONS FROM INDUSTRY PROFESSIONALS, AND MORE.
Program accomplishments
- COLLEGE AND CAREER - WE ENSURE THAT STUDENTS ENROLL IN COLLEGE, COMPLETE ALL FINANCIAL FORMS, HELP THEM FIND SCHOLARSHIPS, COACH AND GUIDE THEM THROUGHOUT THEIR COLLEGE YEARS, CONNECT THEM WITH PAID INTERNSHIPS, AND GRADUATE WITHIN SIX YEARS OF ENROLLING IN COLLEGE. WE ALSO HELP THEM TRANSITION FROM COLLEGE INTO CAREERS AND THE WORKFORCE.Expenses $516,354 · grants $247,371
- HIGH SCHOOL - WE CONTINUE HELPING FIRST GENERATION STUDENTS BECOME COMPETITIVE COLLEGE CANDIDATES WITH TUTORING, SOCIAL AND EMOTIONAL SUPPORT, CAREER EXPOSURE, NETWORKING, SUMMER INTERNSHIPS, APPLYING TO HIGH SCHOOL, SAT AND ACT TEST PREPARATION, COLLEGE VISITS, COLLEGE APPLICATIONS, SCHOLARSHIP APPLICATION, PARENT SUPPORT DURING THE PROCESS, FINANCIAL AID APPLICATIONS, FILING FAFSA, SELECTING COLLEGE, ETC.Expenses $399,046 · grants $45,021
- MIDDLE SCHOOL - WE RECRUIT STUDENTS IN 6TH GRADE AND PROVIDE THEM WITH ACADEMIC TUTORING, CAREER EXPOSURE, AND OTHER SUPPORT NEEDED TO ENABLE THEM TO TRANSITION TO HIGH SCHOOL AND BEGIN THEIR PATH TOWARD BECOMING FIRST-GENERATION COLLEGE GRADUATES.Expenses $388,923 · grants $12,702
- GENERAL PROGRAMExpenses $105,102 · grants $2,716
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
- 94-3381171
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O30)
- Assets (IRS master file)
- $2,103,774
- Income (IRS master file)
- $2,364,966
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,285,941 | $2,087,056 | $2,103,774 | XML |
| 990 | June 2024 | $1,910,932 | $2,032,987 | $1,965,263 | XML |
| 990 | June 2023 | $1,748,727 | $1,918,527 | $1,884,064 | XML |
| 990 | June 2022 | $2,044,310 | $1,640,076 | $1,974,240 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 94-3381171).
Questions about FIRST GRADUATE
- What is the EIN of FIRST GRADUATE?
- The employer identification number (EIN) of FIRST GRADUATE is 94-3381171.
- Is FIRST GRADUATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to FIRST GRADUATE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST GRADUATE 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 GRADUATE 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 GRADUATE 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 GRADUATE?
- The 990 for the year ended June 30, 2025 names TERRI FORMAN.
- Who are the officers and directors of FIRST GRADUATE?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $164,700 (TERRI FORMAN, SECRETARY AND CEO).
- How much revenue does FIRST GRADUATE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,285,941, expenses of $2,087,056 and total assets of $2,103,774 at year end.
Other nonprofits in SAN FRANCISCO
- BOYS & GIRLS CLUBS OF SAN FRANCISCO EIN 94-1156608 · last filed 990 for 2025
- YOUNG COMMUNITY DEVELOPERS EIN 94-2187776 · last filed 990 for 2025
- INSTITUTE FOR APPLIED TINKERING EIN 26-4299346 · last filed 990 for 2025
- 3RD STREET YOUTH CENTER AND CLINIC EIN 47-4047803 · last filed 990 for 2025
- BOOKER T WASHINGTON COMMUNITY SERVICE CENTER EIN 94-1160952 · last filed 990 for 2025
- HUNTERS POINT FAMILY EIN 94-3361252 · last filed 990 for 2025
- UNITED PLAYAZ INC EIN 20-5005815 · last filed 990 for 2025
- CALIFORNIANS DEDICATED TO EDUCATION FOUNDATION EIN 45-0676449 · last filed 990 for 2025
All nonprofits in SAN FRANCISCO · California · Youth development