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College Bound Opportunities

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

EIN: 204811544 ✦ Riverwoods, IL ✦ Designated as a 501(c)(3)

Overview

What is College Bound Opportunities?

College Bound Opportunities (CBO) is a nonprofit organization located in Riverwoods, Illinois. Their primary mission is to support low-income, first-generation students by offering financial aid, sponsoring college tours, and providing training to enhance their college admission prospects. CBO aims to help these students identify scholarship opportunities and navigate their higher education journey successfully. With a dedicated workforce of 13 individuals, CBO works tirelessly to mentor, empower, and inspire these scholars, enabling them to overcome barriers and achieve academic success, ultimately leading to a prosperous life.


Official website here: www.cbo4success.org

Is College Bound Opportunities legitimate?

College Bound Opportunities is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Bound Opportunities 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: $493,437

For more financial information, click here


Official website here: www.cbo4success.org

What is the mission statement of College Bound Opportunities?

College Bound Opportunities (CBO) has a mission to guide and support low-income, first-generation students, empowering them to overcome various barriers and successfully complete their higher education experiences. The organization aims to mentor these scholars, inspiring them to graduate from college and achieve success in their lives. CBO provides financial assistance, sponsors college trips, and offers training to enhance the students' knowledge and prospects in college admissions. Their goal is to break down cultural and economic barriers that might hinder these students from gaining entry into colleges or universities.


Official website here: www.cbo4success.org

Who is the CEO of College Bound Opportunities?

Brian Weinberg is the Chair of College Bound Opportunities.


Official website here: www.cbo4success.org

What is the revenue of College Bound Opportunities?

College Bound Opportunities's revenue in 2022 was $1,050,401.


Official website here: www.cbo4success.org

Who are the executives of College Bound Opportunities and what are their salaries?

The average compensation at College Bound Opportunities during 2022 was $37,957. There are 13 employees at College Bound Opportunities.

Here are 13 key members and their salaries:

    Susan R Bell (Executive Director)
  • Compensation: $124,367
  • Related: $0
  • Other: $0

    • Brian Weinberg (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Lygizos (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Mckenna (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Heyden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Hull (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marybeth Kravets (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Laughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alyssa Shlensky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie C Shlensky (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Terranova (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cbo4success.org

    Where can I find the form 990 for College Bound Opportunities?

    The College Bound Opportunities’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cbo4success.org

    Learn more at the official website: www.cbo4success.org

    Mission Statement of College Bound Opportunities

    College Bound Opportunities (CBO) is an organization dedicated to aiding high school and college students of limited means who may face cultural barriers in accessing higher education. The mission of this nonprofit is to mentor, empower, and inspire these individuals, often the first in their families to pursue higher education. By doing so, CBO aims to help these scholars overcome various obstacles, graduate from college, and achieve success in their lives.

    In pursuit of this mission, CBO offers a range of assistance to its students. The organization provides financial aid to help students cover their educational expenses. Additionally, CBO sponsors trips for students to visit colleges and universities, offering them a firsthand experience of what higher education has to offer. Furthermore, CBO offers training programs designed to enhance the students' knowledge and prospects for college admission, thereby equipping them with the necessary tools to navigate the complex world of higher education.

    In essence, College Bound Opportunities serves as a beacon of hope and support for students who may face financial and cultural barriers in their pursuit of higher education. By offering financial assistance, college visits, and admission-related training, CBO empowers these students to overcome challenges, graduate from college, and achieve personal and professional success.

    Impact

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




    Thursday, August 15, 2024

    College Bound Opportunities has made a profound impact by mentoring, empowering, and inspiring low-income, first-generation scholars to overcome barriers and graduate college successfully. By providing financial assistance, sponsoring student trips to colleges, and offering training to enhance college admission knowledge and prospects, College Bound Opportunities has played a crucial role in helping students of limited means overcome cultural barriers to gain entry into colleges and universities. Through their dedicated efforts, College Bound Opportunities has helped pave the way for these students to achieve success in their educational journey and beyond.





    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: $25,965
  • Program Service Revenue: $0
  • Gross Receipts: $1,157,740

    • Assets and Liabilities:
  • Total Assets: $1,813,531
  • Total Liabilities: $2,169,885
  • Net Assets: -$356,354
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Brian Weinberg

    Main Address

    2033 N MILWAUKEE AVE 246, RIVERWOODS, IL, 60015

    NTEE Category

    Code: B82 - Education

    If you are a representative of College Bound Opportunities 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.