College is Real Inc

EIN: 208651702 501(c)(3) Education

Danville, CA

Total Revenue
$1,499,907
Total Expenses
$1,378,772
Total Assets
$1,248,448
Net Assets
$1,215,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Bradley Blake
Phone
9256836662
Tax Period
2024-07-01 to 2025-06-30

College is Real Inc, founded in 2007, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 8% surplus.

Mission

College Is Real's mission is to change the college-going culture in Richmonds high schools in order to uplift the community by having more of its students, who are mostly low-income people of color, attend and be the first in their families to graduate from college.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,526,700
Program Service Revenue $0
Investment Income $22,913
Other Revenue $-49,706
TOTAL REVENUE $1,499,907

Expense Breakdown

Grants Paid $624,898
Salaries & Benefits $499,446
Fundraising Expenses $63,144
Program Expenses $1,180,371
Other Expenses $254,428
TOTAL EXPENSES $1,378,772

Year-over-Year Comparison

2024 2023 Change
Revenue $1,499,907 $914,942 +0.6%
Expenses $1,378,772 $858,858 +0.6%
Net Income $121,135 $56,084 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
5
Volunteers
20

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
4
$212,750
Total Directors
13
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angelica Arriaga Executive Dir. 40.00
Officer
$132,750 $0 $132,750
David Millstein COO 40.00
Officer Director
$80,000 $0 $80,000
Bradley Blake President 1.00
Officer Director
$0 $0 $0
Dan Book Secy, Treasurer 1.00
Officer Director
$0 $0 $0
Susan Lopera Overton Director 1.00
Director
$0 $0 $0
Destiney Norsouvanh Director 1.00
Director
$0 $0 $0
Tank Williams Director 1.00
Director
$0 $0 $0
Samantha Suriano Director 1.00
Director
$0 $0 $0
Omar Butler Director 1.00
Director
$0 $0 $0
Rodrigo Corona Flores Director 1.00
Director
$0 $0 $0
Peter Waldron Director 1.00
Director
$0 $0 $0
Eric Tuckness Director 1.00
Director
$0 $0 $0
Robert Telles Director 1.00
Director
$0 $0 $0
Linda Song Wendel Director 1.00
Director
$0 $0 $0
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 $1,499,907 $1,378,772 $1,248,448 $121,135
2024 $914,942 $858,858 $1,133,194 $56,084
2023 $1,063,974 $652,204 $1,101,921 $411,770
2022 $775,622 $540,143 $687,167 $235,479
2021 $528,945 $496,751 $330,379 $32,194
2020 $426,846 $339,253 $348,002 $87,593
2019 $412,990 $539,850 $210,592 $-126,860
2018 $486,583 $505,369 $327,567 $-18,786
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