COLLEGE FOR KIDS INC

EIN: 208077416 501(c)(3) Education

WEST PALM BEACH, FL

Total Revenue
$4,503,212
Total Expenses
$1,524,113
Total Assets
$11,797,072
Net Assets
$11,655,850
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
NANCY STELLWAY
Phone
5616831704
Tax Period
2023-07-01 to 2024-06-30

COLLEGE FOR KIDS INC, founded in 2006, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 66% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PASSIONATELY PROMOTE SELF-WORTH, PERSONAL RESPONSIBILITY, AND ACADEMIC SUCCESS FOR QUALIFIED, FINANCIALLY AT-RISK STUDENTS THROUGHOUT PALM BEACH COUNTY BY PROVIDING A UNIQUE SET OF RESOURCES WHICH INCLUDES ONE-ON-ONE MENTORING SERVICES, COLLEGE READINESS COACHING, COLLEGE ADVISING, POST-SECONDARY RETENTION SERVICES, AND A GUARANTEED POST-SECONDARY FULL-TUITION COLLEGE SCHOLARSHIP.

Program Service Accomplishments

Program 1
Expenses: $1,037,435

TAKE STOCK IN CHILDREN PALM BEACH COUNTY IS DEDICATED TO PROMOTING PERSONAL RESPONSIBILITY AND ACADEMIC SUCCESS FOR AT-RISK YOUTH THROUGH A COMPREHENSIVE, EVIDENCE-BASED PROGRAM MODEL. OUR INNOVATIVE...

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TAKE STOCK IN CHILDREN PALM BEACH COUNTY IS DEDICATED TO PROMOTING PERSONAL RESPONSIBILITY AND ACADEMIC SUCCESS FOR AT-RISK YOUTH THROUGH A COMPREHENSIVE, EVIDENCE-BASED PROGRAM MODEL. OUR INNOVATIVE MULTI-YEAR APPROACH PROVIDES WRAPAROUND SUPPORT SERVICES TO STUDENTS THROUGHOUT THEIR MIDDLE AND HIGH SCHOOL YEARS, CONTINUING THROUGH POST-SECONDARY COMPLETION. STUDENTS, TYPICALLY ENROLLED FROM 6TH TO 9TH GRADE, PARTICIPATE FOR AN AVERAGE OF 5 TO 8 YEARS. EACH STUDENT IS MATCHED WITH A CARING ADULT MENTOR FOR WEEKLY MEETINGS, RECEIVES CONTINUOUS ACADEMIC SUPPORT, AND BENEFITS FROM ONGOING COLLEGE READINESS SERVICES PROVIDED BY ASSIGNED COLLEGE READINESS COACHES. UPON HIGH SCHOOL GRADUATION, STUDENTS RECEIVE A MINIMUM 2-YEAR FLORIDA PREPAID COLLEGE TUITION SCHOLARSHIP. THROUGHOUT THE SCHOOL YEAR, WE OFFER MONTHLY WORKSHOPS FOR STUDENTS AND FAMILIES, ADDRESSING SOCIAL/EMOTIONAL ISSUES, COMMON STRESSORS, SYSTEM BARRIERS, COMMUNICATION TOOLS, FINANCIAL LITERACY, AND ACADEMIC PREPARATION. WE ALSO PROVIDE LOCAL COMMUNITY SERVICE OPPORTUNITIES TO DEVELOP STUDENTS' INTERESTS, SKILLS, AND TALENTS WHILE FOSTERING COMMUNITY ENGAGEMENT. IN THE SENIOR YEAR, STUDENTS ARE INTRODUCED TO COLLEGE RETENTION SPECIALISTS WHO ASSIST WITH THE TRANSITION TO HIGHER EDUCATION AND CONTINUE TO PROVIDE POST-SECONDARY ACADEMIC ADVISING THROUGH COMPLETION. IN FISCAL YEAR 2024, WE SERVED 1,334 STUDENTS ACROSS 57 PALM BEACH COUNTY SCHOOLS AND COLLEGE CAMPUSES, AN INCREASE FROM 1,266 IN FY 2023, WITH SUPPORT FROM 456 VOLUNTEER MENTORS. 100% OF STUDENTS ARE AT OR BELOW THE FEDERAL POVERTY RATE. OUR PROGRAM'S SUCCESS IS EVIDENT IN OUR 100% HIGH SCHOOL GRADUATION RATE AND 96% COLLEGE ENROLLMENT RATE, SIGNIFICANTLY CONTRIBUTING TO THE ECONOMIC VIABILITY OF OUR COMMUNITY. THIS YEAR, WE RECEIVED AN EXTRAORDINARY, ONE-TIME UNRESTRICTED GIFT OF 1 MILLION FROM MACKENZIE SCOTT, WHICH WILL HELP US EXPAND OUR REACH AND IMPACT, FURTHERING OUR MISSION TO PROVIDE EDUCATIONAL OPPORTUNITIES AND SUPPORT FOR AT-RISK YOUTH IN PALM BEACH COUNTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,412,200
Program Service Revenue $0
Investment Income $102,534
Other Revenue $-11,522
TOTAL REVENUE $4,503,212

Expense Breakdown

Grants Paid $84,581
Salaries & Benefits $985,148
Fundraising Expenses $221,514
Program Expenses $1,037,435
Other Expenses $454,384
TOTAL EXPENSES $1,524,113

Year-over-Year Comparison

2023 2022 Change
Revenue $4,503,212 $3,140,061 +0.4%
Expenses $1,524,113 $1,654,822 -0.1%
Net Income $2,979,099 $1,485,239 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
15
Volunteers
456

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$136,269
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVAN BOLINSKI CFA CHAIR 1.00
Officer Director
$0 $0 $0
MACK PERRY VICE CHAIR 1.00
Officer Director
$0 $0 $0
ERIC RAY SECRETARY 1.00
Officer Director
$0 $0 $0
CJ JANNEY TREASURER 1.00
Officer Director
$0 $0 $0
ZACHARY BERG CFP IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
SHIVA AHRENS DIRECTOR 1.00
Director
$0 $0 $0
KEVEN ALLEN JR DIRECTOR 1.00
Director
$0 $0 $0
MARCIA ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
DR PETER BARBATIS DIRECTOR 1.00
Director
$0 $0 $0
JEFF MICHAUD DIRECTOR 1.00
Director
$0 $0 $0
KEITH OSWALD DIRECTOR 1.00
Director
$0 $0 $0
KATIA SAINT-PREUX DIRECTOR 1.00
Director
$0 $0 $0
MIKE MURGIO DIRECTOR 1.00
Director
$0 $0 $0
MAXIMILLIAN KAYE DIRECTOR 1.00
Director
$0 $0 $0
KEVIN PROBEL DIRECTOR 1.00
Director
$0 $0 $0
NANCY STELLWAY EXECUTIVE DI 40.00
Officer
$132,332 $3,937 $136,269
LIDIA VARGAS DIR. OF DEVE 40.00
Highest
$126,784 $3,937 $130,721
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,503,212 $1,524,113 $11,797,072 $2,979,099
2023 $3,140,061 $1,654,822 $8,718,643 $1,485,239
2022 $2,147,013 $1,560,803 $7,045,116 $586,210
2021 $1,907,226 $1,443,765 $6,489,406 $463,461
2020 $2,028,313 $1,229,198 $6,030,813 $799,115
2019 $1,640,175 $1,443,455 $5,199,408 $196,720
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