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College Options Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030566869 ✦ Peachtree city, GA ✦ Designated as a 501(c)(3)

Overview

What is College Options Foundation Inc?

College Options Foundation Inc is a nonprofit organization situated in Peachtree City, Georgia. Their primary mission is to enrich the academic development of high school students, particularly those from military families and JROTC participants. They accomplish this by offering resources for college admissions and funding, utilizing planning guides, exam study guides, tutorials, and personalized counseling. Additionally, they conduct nationwide academic competitions to engage and inspire students. The foundation annually organizes contests for high school teams participating in JROTC programs, which often involve multiple rounds of competition through an internet application. In some cases, the top teams from these online rounds travel to a venue for a head-to-head final round to determine the champion. The foundation provides logistical support to participants and hosts these final rounds, all with the aim of assisting students in preparing for higher education.


Official website here: www.collegeoptionsfoundation.net

Is College Options Foundation Inc legitimate?

College Options Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Options Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $117,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,924

For more financial information, click here


Official website here: www.collegeoptionsfoundation.net

What is the mission statement of College Options Foundation Inc?

The College Options Foundation Inc's mission is centered around enriching the academic development of high school students and aiding them in their preparation for higher education. The organization prioritizes serving all families, including military families and students involved in JROTC. To accomplish this mission, they offer various resources for college admissions and funding, utilize student planning guides, college exam study guides, admission tutorials, and provide personalized counseling. Furthermore, they organize spirited academic competitions for students nationwide.


Official website here: www.collegeoptionsfoundation.net

Who is the CEO of College Options Foundation Inc?

Terry Wilfong is the President of College Options Foundation Inc.


Official website here: www.collegeoptionsfoundation.net

What is the revenue of College Options Foundation Inc?

College Options Foundation Inc's revenue in 2022 was $695,179.


Official website here: www.collegeoptionsfoundation.net

Who are the executives of College Options Foundation Inc and what are their salaries?

The average compensation at College Options Foundation Inc during 2022 was $48,720. There are 9 employees and 8 volunteers at College Options Foundation Inc.

Here are 4 key members and their salaries:

    Terry Wilfong (President)
  • Compensation: $114,259
  • Related: $0
  • Other: $3,300

    • Major General Wallace C Arnold (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Arlene Cash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mack Palmour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.collegeoptionsfoundation.net

    Where can I find the form 990 for College Options Foundation Inc?

    The College Options Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.collegeoptionsfoundation.net

    Learn more at the official website: www.collegeoptionsfoundation.net

    Mission Statement of College Options Foundation Inc

    College Options Foundation Inc is dedicated to enriching the academic development of high school students and aiding them in their preparation for higher education. The organization prioritizes serving all families, including military families and students involved in JROTC. To accomplish this mission, College Options Foundation Inc provides resources for college admissions and funding, utilizes student planning guides, college exam study guides, admission tutorials, and offers personalized counseling. Additionally, the foundation conducts spirited academic competitions for students nationwide. By offering these services, College Options Foundation Inc aims to help high school students from various backgrounds navigate the college application process and secure opportunities for higher education.

    Impact

    This information is meant to be a general summary of College Options Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    College Options Foundation Inc has a significant impact on high school students by enriching their academic development and assisting them in their preparation for higher education. The foundation organizes academic contests each year for teams of high school students, particularly those involved in Junior Reserve Officer Training Corps (JROTC) programs. These contests help students gain valuable educational experiences and skills while fostering a spirit of competition and intellectual growth.

    Through providing logistical support, resources for college admissions and funding, student planning guides, college exam study guides, admissions tutorials, and personalized counseling, College Options Foundation Inc plays a crucial role in ensuring that all families, including military families and JROTC participants, have access to the necessary tools and guidance for pursuing higher education.

    Overall, the foundation's commitment to educational excellence and support for students nationwide underscores its dedication to empowering the next generation of scholars and leaders.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $180
  • Program Service Revenue: $578,038
  • Gross Receipts: $695,179

    • Assets and Liabilities:
  • Total Assets: $283,708
  • Total Liabilities: $303,186
  • Net Assets: -$19,478
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ACADEMIC CONTESTS

    Revenue

    $578,038

    Organization Details

    Founding Year

    2005

    Principal Officer

    Terry Wilfong

    Main Address

    128 Willow Creek Dr, Peachtree City, GA, 30269

    NTEE Category

    Code: B80 - Education

    If you are a representative of College Options Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.