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The Bottom Line Inc

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

EIN: 043351427 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is The Bottom Line Inc?

The Bottom Line Inc, based in Boston, Massachusetts, is a nonprofit organization with a mission to support first-generation students from low-income backgrounds in their college journey. Founded in 1997, the organization has grown to employ 207 individuals. In 2022, they provided assistance to around 700 high school seniors during the college application process and supported 5,600 college students at over 40 campuses, helping them earn degrees and thrive in life. The organization's comprehensive, one-on-one approach includes guiding students through the application process and offering assistance for up to six years in college.


Official website here: www.bottomline.org

Is The Bottom Line Inc legitimate?

The Bottom Line Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bottom Line 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,827,805

For more financial information, click here


Official website here: www.bottomline.org

What is the mission statement of The Bottom Line Inc?

The Bottom Line Inc was established in 1997 with a mission to assist first-generation students from low-income backgrounds in gaining admission to college and graduating. Through one-on-one comprehensive support, the organization helps these students throughout the application process and for up to six years while they pursue their degrees. In fiscal year 2022, The Bottom Line Inc supported roughly 700 high school seniors during the college application process and provided assistance to over 5,600 college students across more than 40 campuses. The goal is to empower these students to succeed in their academic journey and go far in life.


Official website here: www.bottomline.org

Who is the CEO of The Bottom Line Inc?

Steven Colon is the Ceo of The Bottom Line Inc. The CEO's salary of The Bottom Line Inc is $284,174 and their total compensation is $299,203.


Official website here: www.bottomline.org

What is the revenue of The Bottom Line Inc?

The Bottom Line Inc's revenue in 2022 was $18,128,457.


Official website here: www.bottomline.org

Who are the executives of The Bottom Line Inc and what are their salaries?

The average compensation at The Bottom Line Inc during 2022 was $42,646. There are 207 employees and 250 volunteers at The Bottom Line Inc.

Here are 25 key members and their salaries (The Bottom Line Inc's CEO's salary is $284,174 and their total compensation is $299,203):

    Steven Colon (Ceo) [Trustee/Director]
  • Compensation: $284,174
  • Related: $0
  • Other: $15,029

    • Shauwea Hamilton (Exec.Directo)
  • Compensation: $178,544
  • Related: $0
  • Other: $0

    • Christopher Broughton (Exec.Directo)
  • Compensation: $148,776
  • Related: $0
  • Other: $15,029

    • Darin Simmons Jr (Strategic Pr)
  • Compensation: $144,475
  • Related: $0
  • Other: $12,413

    • Ginette Saimprevil (Exec.Directo)
  • Compensation: $144,379
  • Related: $0
  • Other: $5,021

    • Sarah Place (Vp Programs)
  • Compensation: $140,316
  • Related: $0
  • Other: $0

    • Ijeoma Mbamalu (Development)
  • Compensation: $112,737
  • Related: $0
  • Other: $2,909

    • John Bachman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Ballard (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Bradley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Auditi Chakravarty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Connolly (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Couri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calvin Crosslin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Deamore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Van Gorp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslee Kiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anand Nair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michel Paul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Thomas (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vandana Venkatesh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harold Wilde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Donnelly (Coo/Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bottomline.org

    Where can I find the form 990 for The Bottom Line Inc?

    The The Bottom Line Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bottomline.org

    Learn more at the official website: www.bottomline.org

    Mission Statement of The Bottom Line Inc

    The Bottom Line Inc, a pioneering nonprofit organization founded in 1997, is dedicated to empowering first-generation students from low-income backgrounds to not only gain admission into college but also graduate and thrive in their careers. The organization provides one-on-one comprehensive support throughout the college application process and offers assistance for up to six years while students are in college.

    In the academic year of 2022, The Bottom Line Inc made a significant impact on the lives of approximately 700 high school seniors as they navigated the intricacies of the college application process. Meanwhile, the organization provided essential guidance and resources to over 5,600 college students spread across more than 40 campuses, enabling them to persist in their pursuit of higher education and earn their degrees. Through personalized attention and unwavering commitment, The Bottom Line Inc fosters the academic, professional, and personal growth of its students, equipping them with the necessary tools to overcome challenges and reach their full potential.

    Impact

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




    Thursday, August 15, 2024

    The Bottom Line Inc's impact is significant in helping first-generation students from low-income backgrounds get into college, graduate, and achieve success in life. Through one-on-one comprehensive support during the college application process and up to six years in college, the organization has supported approximately 700 high school seniors and 5,600 college students across more than 40 campuses in fiscal year 2022. This direct and personalized assistance has made a tangible difference in the lives of these students, empowering them to overcome barriers and pursue higher education and future opportunities.





    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: $0
  • Program Service Revenue: $305,150
  • Gross Receipts: $18,459,081

    • Assets and Liabilities:
  • Total Assets: $21,295,444
  • Total Liabilities: $1,626,084
  • Net Assets: $19,669,360
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $305,150

    Organization Details

    Founding Year

    1997

    Principal Officer

    Steven Colon

    Main Address

    50 MILK STREET 16TH FLOOR, BOSTON, MA, 02109

    NTEE Category

    Code: S99 - Community improvement

    If you are a representative of The Bottom Line 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.