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Bound For College Inc

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

EIN: 454916115 ✦ Delray beach, FL ✦ Designated as a 501(c)(3)

Overview

What is Bound For College Inc?

Bound For College Inc, located in Delray Beach, Florida, is a nonprofit organization dedicated to empowering economically disadvantaged students. Through various programs and services, they aim to help students reach their full potential. Their offerings include ACT/SAT test tutoring and preparation, educational field trips and college tours, swim lessons, outdoor activities, life skills enrichment, mental health counseling, and direct student support through supplemental funding for unexpected college expenses. Additionally, they provide group mentoring and engage in environmental education and community projects.


Official website here: www.weareboundforcollege.org

Is Bound For College Inc legitimate?

Bound For College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bound For College 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: $34,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,746

For more financial information, click here


Official website here: www.weareboundforcollege.org

What is the mission statement of Bound For College Inc?

Bound For College Inc is dedicated to helping economically disadvantaged students reach their full potential. Through various initiatives, the organization strives to prepare students for college by providing ACT/SAT test tutoring and preparation, as well as college tours and field trips. Additionally, Bound For College Inc focuses on environmental education, community projects, and life skills enrichment programs. The organization also offers direct student support by providing supplemental funding for unexpected college expenses, such as medical or travel costs. Furthermore, group mentoring is available to offer guidance and encouragement to students as they pursue higher education.


Official website here: www.weareboundforcollege.org

Who is the CEO of Bound For College Inc?

Michael Hlatki is the Executive Dir. of Bound For College Inc.


Official website here: www.weareboundforcollege.org

What is the revenue of Bound For College Inc?

Bound For College Inc's revenue in 2022 was $369,554.


Official website here: www.weareboundforcollege.org

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

The average compensation at Bound For College Inc during 2022 was $44,370. There are 1 employees and 13 volunteers at Bound For College Inc.

Here are 14 key members and their salaries:

    Shannon Solis (Executive Dir.) [Trustee/Director]
  • Compensation: $44,370
  • Related: $0
  • Other: $0

    • Chip Dickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Ressa (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hlatki (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margi Greenfield (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Pepper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordana Jarjuraresigned 421 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sauer (Chair Emeritis) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Baum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Sadowsky Started 1221 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerilyn Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raul Valero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cary Glicksteinstarted 1222 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.weareboundforcollege.org

    Where can I find the form 990 for Bound For College Inc?

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


    Official website here: www.weareboundforcollege.org

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

    Mission Statement of Bound For College Inc

    Bound For College Inc, a dedicated nonprofit organization, strives to help economically disadvantaged students unlock their full potential. Through its various initiatives, the organization provides essential resources and support to enable students to thrive academically and personally.

    The heart of Bound For College Inc's mission lies in offering ACT/SAT test tutoring and preparation. These crucial services help students build confidence and improve their skills, enhancing their chances of securing admissions to colleges and universities. In addition to academic support, the organization arranges field trips and college tours, exposing students to the vast opportunities available to them beyond high school.

    Environmental education and community projects are another significant aspect of Bound For College Inc's mission. These initiatives foster a sense of stewardship and responsibility among students, promoting their growth as future leaders. Swim lessons and outdoor activities are offered to help students develop essential life skills, fostering their physical and emotional wellbeing. The organization also provides life skills enrichment programs, which instill valuable lessons in students, preparing them for the challenges of college and beyond.

    To further support students in their academic and personal journeys, Bound For College Inc offers direct student assistance, providing supplemental funding for medical, travel, and other unforeseen college needs. Group mentoring is also an integral part of the organization's offerings, creating a nurturing environment where students can connect with their peers and learn from one another.

    In summary, Bound For College Inc is a transformative force in the lives of economically disadvantaged students. By offering ACT/SAT test tutoring and preparation, field trips and college tours, environmental education and community projects, swim lessons, outdoor activities, life skills enrichment, direct student support, and group mentoring, the organization equips students with the tools they need to succeed and reach their full potential.

    Impact

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




    Thursday, August 15, 2024

    Bound For College Inc's impact is evident in the lives of economically disadvantaged students who are given the opportunity to reach their full potential through a range of support services. From ACT/SAT test tutoring and preparation to field trips, college tours, swim lessons, and life skills enrichment, the organization empowers these students with the tools and resources necessary to succeed academically and personally. Additionally, by providing direct student support for unforeseen college needs and offering group mentoring, Bound For College Inc plays a crucial role in bridging the opportunity gap and fostering a pathway to higher education for underserved youth in DELRAY BEACH, FL.





    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: $170
  • Program Service Revenue: $0
  • Gross Receipts: $369,554

    • Assets and Liabilities:
  • Total Assets: $392,157
  • Total Liabilities: $1,938
  • Net Assets: $390,219
  • Organization Details

    Founding Year

    2012

    Principal Officer

    Michael Hlatki

    Main Address

    1730 S Federal Highway Suite 297, Delray Beach, FL, 33483

    NTEE Category

    Code: D61 - Animals

    If you are a representative of Bound For College 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.