COLLEGEREADY INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

BRENT ROUBAL

Phone

9208579088

Tax Period

2024-09-01 to 2025-07-31

COLLEGEREADY INC, founded in 1962, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 161% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 63% operating margin.

Mission

THROUGH SCHOLARSHIPS AND COLLEGE READINESS PROGRAMMING, WE CREATE HOPE AND BRIGHTER FUTURES FOR YOUTH OF ALL BACKGROUNDS IN NORTHEAST WISCONSIN.

Program Service Accomplishments

Program 1

Expenses: $393,043 Revenue: $0

SCHOLARSHIPS - WE HELP DESERVING LOCAL STUDENTS WITH FINANCIAL NEED ACHIEVE THEIR COLLEGE AND CAREER DREAMS THROUGH SCHOLARSHIPS. THIS PAST YEAR WE SUPPORTED 181 LOCAL STUDENTS WITH FINANCIAL AWARDS. RECIPIENTS ARE CHOSEN THROUGH A COMPREHENSIVE PROCESS, WHICH EVALUATES THEIR ACADEMIC ACHIEVEMENT, COMMUNITY INVOLVEMENT, LEADERSHIP, AND PARTICIPATION IN EXTRACURRICULAR ACTIVITIES. IN ADDITION, WE COUNSEL ALL AREA HIGH SCHOOL SENIORS ON HOW TO FIND AND PREPARE FOR OTHER SCHOLARSHIP OPPORTUNITIES, AS WELL AS UNDERSTAND THE COMPONENTS OF A QUALITY POSTSECONDARY EDUCATION.

Program 2

Expenses: $195,550 Revenue: $0

COLLEGE READINESS - WE HELP AREA STUDENTS OVERCOME POVERTY WITH THE POWER OF EDUCATION. THROUGH A CURRICULUM BUILT TO IMPROVE THEIR READING, WRITING, AND CHARACTER DEVELOPMENT, WE HELP YOUTH FROM...

COLLEGE READINESS - WE HELP AREA STUDENTS OVERCOME POVERTY WITH THE POWER OF EDUCATION. THROUGH A CURRICULUM BUILT TO IMPROVE THEIR READING, WRITING, AND CHARACTER DEVELOPMENT, WE HELP YOUTH FROM LOW-INCOME BACKGROUNDS BECOME THE FIRST IN THEIR FAMILY TO ATTEND AND GRADUATE FROM COLLEGE. FROM 6TH GRADE THROUGH 12TH GRADE, WE HELP THESE STUDENTS ON THEIR PATH TO HIGHER EDUCATION AND PREPARE THEM FOR ACCEPTANCE INTO COLLEGE. THIS PAST YEAR WE SERVED 168 STUDENTS WHO EXCEEDED THEIR PEERS ON STANDARDIZED TEST SCORES, HIGH SCHOOL GRADUATION, AND POSTSECONDARY ENROLLMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,050,470

Program Service Revenue $1,200

Investment Income $1,383,819

Other Revenue $0

TOTAL REVENUE $2,435,489

Expense Breakdown

Grants Paid $194,323

Salaries & Benefits $464,421

Fundraising Expenses $142,557

Program Expenses $588,593

Other Expenses $250,765

TOTAL EXPENSES $909,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,435,489	$934,345	+1.6%
Expenses	$909,509	$1,070,960	-0.2%
Net Income	$1,525,980	$-136,615	-12.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$225,541

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAIRE WILLIAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
CINDY ZUEGE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ERIC FLICK	TREASURER	2.00	Officer Director	$0	$0	$0
LORA WARNER	SECRETARY	2.00	Officer Director	$0	$0	$0
TODD JADIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSHUA KOCH	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE KORBISCH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA LARA	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA MEVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE RHODE	BOARD MEMBER	1.00	Director	$0	$0	$0
FABIOLA RIZO	BOARD MEMBER	1.00	Director	$0	$0	$0
JACOB VANDAALWYK	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA VAN GHEEM	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENT ROUBAL	EXECUTIVE DIRECTOR	40.00	Officer	$114,264	$26,348	$140,612
JENNIFER TICE	OPERATIONS DIRECTOR	40.00	Officer	$72,530	$12,399	$84,929

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	$2,435,489	$909,509	$10,035,394	$1,525,980
2024	$934,345	$1,070,960	$9,213,096	$-136,615
2023	$607,550	$968,100	$8,611,132	$-360,550
2022	$1,090,885	$929,766	$8,435,239	$161,119
2021	$1,007,976	$962,010	$10,060,977	$45,966
2020	$828,790	$935,014	$8,979,928	$-106,224
2019	$859,341	$958,275	$8,379,526	$-98,934
2018	$887,560	$930,470	$8,837,666	$-42,910