DOORWAY TO COLLEGE FOUNDATION INC

EIN: 472060670 501(c)(3) Education

NORTH LIBERTY, IA

Total Revenue
$509,053
Total Expenses
$472,509
Total Assets
$558,954
Net Assets
$-324,820
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IA
Principal Officer
NELSON ROBINSON
Phone
3196650090
Tax Period
2024-07-01 to 2025-06-30

DOORWAY TO COLLEGE FOUNDATION INC, founded in 2014, is a small nonprofit in the Education sector that reported $509K in total revenue in fiscal year 2024. Expenses of $473K left a modest 7% surplus.

Mission

WORKING DIRECTLY WITH THE SCHOOLS, THE GOAL OF D2CF IS TO ARM YOUNG SCHOLARS WITH SOLID STRATEGIES TO ACHIEVE COMPETITIVE SCORES AND SUCCEED IN THE TRANSITION FROM HIGH SCHOOL TO HIGHER EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $438,769 Revenue: $358,981

IN FY2024, ENDED 06/30/2025, D2CF CONDUCTED APPROXIMATELY 133 LIVE HIGH SCHOOL SEMINARS AND 56 VIRTUAL SEMINARS, USING PROPRIETARY MATERIALS TO TRAIN TEACHERS AND STUDENTS ON HOW TO PREPARE FOR THE...

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IN FY2024, ENDED 06/30/2025, D2CF CONDUCTED APPROXIMATELY 133 LIVE HIGH SCHOOL SEMINARS AND 56 VIRTUAL SEMINARS, USING PROPRIETARY MATERIALS TO TRAIN TEACHERS AND STUDENTS ON HOW TO PREPARE FOR THE PSAT, THE SAT, AND THE ACT. D2CF ALSO CONDUCTED INSTRUCTIONAL CLASSES TEACHING GRADES 7-12 STUDY SKILLS. IN ADDITION TO THE LIVE SEMINARS, D2CF OFFERED ON-LINE AND WEB-BASED TEACHING/LEARNING, MATERIALS, SUCH AS A 42-MODULE ACT INSTRUCTIONAL CLASS AND A SERIES OF COLLEGE-READINESS E-BOOKS. ADDITIONALLY, THEY PROVIDED GUIDANCE IN EVERYTHING FROM CHOOSING A COLLEGE, TO COMPLETING THE APPLICATION PROCESS AND APPLYING FOR FINANCIAL AID. REVENUE WAS GENERATED FROM FEES PAID BY SCHOOLS, SPONSORS, AND PARENTS. D2CF SERVED APPROXIMATELY 4,207 STUDENTS DURING THE FISCAL YEAR.

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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 $150,000
Program Service Revenue $358,981
Investment Income $72
Other Revenue $0
TOTAL REVENUE $509,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $262,737
Fundraising Expenses $0
Program Expenses $438,769
Other Expenses $209,772
TOTAL EXPENSES $472,509

Year-over-Year Comparison

2024 2023 Change
Revenue $509,053 $505,278 +0.0%
Expenses $472,509 $786,430 -0.4%
Net Income $36,544 $-281,152 -1.1%
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
5
Independent Members
5
Employees
2
Volunteers
N/A

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
2
$85,050
Total Directors
5
$85,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NELSON ROBINSON EXECUTIVE DIRECTOR/TREASURER 40.00
Officer Director
$85,050 $0 $85,050
JOSH FRAHM PRESIDENT 1.00
Officer Director
$0 $0 $0
RANDY MCDONOUGH DIRECTOR 1.00
Director
$0 $0 $0
HENRY CAUDLE DIRECTOR 1.00
Director
$0 $0 $0
ESTHER CAUDLE 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 $509,053 $472,509 $558,954 $36,544
2024 No data No data No data No data
2023 $982,599 $897,173 $1,002,802 $85,426
2022 $742,049 $951,992 $1,001,065 $-209,943
2021 $987,428 $1,047,324 $733,516 $-59,896
2020 $1,261,537 $1,262,770 $1,000,205 $-1,233
2019 $1,343,106 $1,369,961 $871,095 $-26,855
2018 $1,302,713 $1,256,220 $932,412 $46,493
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