STRIVE FOR COLLEGE INC

EIN: 272416448 501(c)(3) Education

Milpitas, CA

Total Revenue
$1,921,492
Total Expenses
$2,100,420
Total Assets
$3,748,655
Net Assets
$3,746,920
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
JR Dumlao
Phone
4155625770
Tax Period
2024-06-01 to 2025-05-31

STRIVE FOR COLLEGE INC, founded in 2010, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

UStrive democratizes access to social capital so that individuals can achieve their college and career dreams. We do this by connecting mentees to mentors through our virtual mentoring platform and providing other resources to support learners on their college and career journeys.

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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 $1,391,861
Program Service Revenue $324,130
Investment Income $161,341
Other Revenue $44,160
TOTAL REVENUE $1,921,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,905,767
Fundraising Expenses $242,757
Program Expenses $1,125,995
Other Expenses $194,653
TOTAL EXPENSES $2,100,420

Year-over-Year Comparison

2024 2023 Change
Revenue $1,921,492 $2,390,347 -0.2%
Expenses $2,100,420 $1,821,916 +0.2%
Net Income $-178,928 $568,431 -1.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
7891

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
1
$524,622
Total Directors
10
$524,622
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael J Carter CEO and President 40
Officer Director Highest
$524,622 $0 $524,622
Eric Chen Board Member 0
Director
$0 $0 $0
Leslie Bluhm Board Member 0
Director
$0 $0 $0
Jennifer Pritchard Board Member 0
Director
$0 $0 $0
Martin Wong Board Member 0
Director
$0 $0 $0
Jacob Stiglitz Board Member 0
Director
$0 $0 $0
Mark Hanthro Board Member 0
Director
$0 $0 $0
Erich Mauff Board Member 0
Director
$0 $0 $0
Connie Lurie Board Member 0
Director
$0 $0 $0
Raj Bhattacharyya Board Member 0
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 $1,921,492 $2,100,420 $3,748,655 $-178,928
2024 $2,390,347 $1,821,916 $3,749,241 $568,431
2023 $2,270,772 $2,634,572 $3,403,735 $-363,800
2022 $2,280,176 $2,907,283 $3,639,884 $-627,107
2021 $3,506,876 $2,412,421 $4,657,880 $1,094,455
2021 $3,506,876 $2,412,421 $4,657,880 $1,094,455
2020 $2,639,680 $2,255,588 $3,493,089 $384,092
2020 $2,639,680 $2,255,588 $3,493,089 $384,092
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