DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM

EIN: 522132835 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$43,874,401
Total Expenses
$13,902,771
Total Assets
$87,346,760
Net Assets
$85,557,430
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
DC
Principal Officer
ERIC WALDO
Phone
2027837933
Tax Period
2024-07-01 to 2025-06-30

DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $43.9M in total revenue in fiscal year 2024. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30.0M, a strong 68% operating margin.

Mission

TO ENCOURAGE AND ENABLE DISTRICT OF COLUMBIA STUDENTS TO ATTEND AND 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 $22,359,548
Program Service Revenue $0
Investment Income $21,483,132
Other Revenue $31,721
TOTAL REVENUE $43,874,401

Expense Breakdown

Grants Paid $7,222,579
Salaries & Benefits $3,695,392
Fundraising Expenses $1,235,948
Program Expenses $10,808,334
Other Expenses $2,975,800
TOTAL EXPENSES $13,902,771

Year-over-Year Comparison

2024 2023 Change
Revenue $43,874,401 $10,932,092 +3.0%
Expenses $13,902,771 $15,186,775 -0.1%
Net Income $29,971,630 $-4,254,683 -8.0%
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
19
Independent Members
19
Employees
42
Volunteers
19

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
$367,956
Total Directors
17
$0
Key Employees
4
$833,392
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED LEONSIS CHAIRMAN 5.00
Officer Director
$0 $0 $0
PINKIE DENT MAYFIELD TREASURER 10.00
Officer Director
$0 $0 $0
ANDREW FLAGEL SECRETARY 1.00
Officer Director
$0 $0 $0
RONALD ABRAMSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY BLANK BOARD MEMBER 1.00
Director
$0 $0 $0
KATHERINE BRADLEY BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK BUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOE DEL GUERCIO BOARD MEMBER 1.00
Director
$0 $0 $0
LEWIS D FEREBEE BOARD MEMBER 1.00
Director
$0 $0 $0
RAUL J FERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
DONALD E GRAHAM BOARD MEMBER 1.00
Director
$0 $0 $0
DR ANTOINETTE MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
W RUSSELL RAMSEY BOARD MEMBER 1.00
Director
$0 $0 $0
NIKKI REID BOARD MEMBER 1.00
Director
$0 $0 $0
TAMIKA L TREMAGLIO BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID CANADA BOARD MEMBER 1.00
Director
$0 $0 $0
AMRY JUNAIDEEN BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC WALDO PRESIDENT & CEO 40.00
Officer
$351,149 $16,807 $367,956
TOSHA LEWIS HUGHES CHIEF OPERATING OFFICER TO 09/24 40.00
Key Emp
$238,565 $9,419 $247,984
KYA DIXON CHIEF PROGRAM OFFICER 40.00
Key Emp
$182,320 $14,973 $197,293
PRESTON MAGOUIRK CHIEF DATA OFFICER 40.00
Key Emp
$187,690 $4,851 $192,541
ANGELA CAMMACK CHIEF OF STAFF 40.00
Key Emp
$182,737 $12,837 $195,574
ADAM NANCE CHIEF DEVELOPMENT OFFICER 40.00
Highest
$178,766 $11,182 $189,948
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 $43,874,401 $13,902,771 $87,346,760 $29,971,630
2024 $10,932,092 $15,186,775 $73,675,569 $-4,254,683
2023 $580,300 $12,744,064 $73,423,063 $-12,163,764
2022 $7,962,700 $14,625,676 $76,646,652 $-6,662,976
2021 $18,161,486 $13,818,203 $105,959,870 $4,343,283
2020 $9,172,292 $12,058,667 $90,398,894 $-2,886,375
2019 $10,372,924 $9,770,719 $96,153,495 $602,205
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