NEEDHAM, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COLLEGE AFFORDABLE INC, founded in 2022, is a small nonprofit in the Education sector that reported $733K in total revenue in fiscal year 2025. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $695K left a modest 5% surplus.
COLLEGE AFFORDABLE IS A NON PROFIT ORGANIZATION BUILT TO HELP FAMILIES REDUCE THE COST OF COLLEGE, MINIMIZE DEBT AND INCREASE HIGHER EDUCATION CHOICES.
IN THE UNITED STATES, THE EXORBITANT COST OF COLLEGE AND THE COMPLEX FINANCIAL AID PROCESS HINDERS ACCESS TO HIGHER EDUCATION AND CAN LEAD TO UNSUSTAINABLE STUDENT LOANS FOR STUDENTS THAT DO NOT HAVE...
IN THE UNITED STATES, THE EXORBITANT COST OF COLLEGE AND THE COMPLEX FINANCIAL AID PROCESS HINDERS ACCESS TO HIGHER EDUCATION AND CAN LEAD TO UNSUSTAINABLE STUDENT LOANS FOR STUDENTS THAT DO NOT HAVE THE MEANS TO NAVIGATE THIS PROCESS. COLLEGE AFFORDABLE, INC.'S MISSION IS TO REDUCE THOSE BARRIERS, PARTICULARLY AMONG STUDENT POPULATIONS THAT POSSESS THE HIGHEST FINANCIAL NEED AND WHERE THE IMPACT IS GREATEST. IN THE FUTURE, COLLEGE AFFORDABLE, INC. WILL RAISE DONATIONS FROM INDIVIDUALS, CORPORATIONS, AND GRANTS AND THEN WILL SPEND 70 - 80 PERCENT OF ITS TIME AND RESOURCES TO PROVIDE EDUCATIONAL SERVICES AS A FREE RESOURCE FOR STUDENTS AND THEIR FAMILIES AND PROVIDE PERSONALIZED SUPPORT TO STUDENTS WITH THE GREATEST NEED TO NAVIGATE THE FINANCIAL AID PROCESS, WHICH IS IN LINE WITH THE MISSION OF THE ORGANIZATION. WE WILL PARTNER WITH SCHOOLS AND NON-PROFIT ORGANIZATIONS TO PROVIDE ONLINE WEBINARS ON TIMELY TOPICS SUCH AS COMPLETING THE FINANCIAL AID APPLICATIONS (FAFSA), STUDENT LOAN OPTIONS, UNDERSTANDING FINANCIAL AID AWARDS, AND FINANCIAL LITERACY EDUCATION FOR STUDENTS. FAMILIES, HIGH SCHOOL GUIDANCE COUNSELORS, AND NON-PROFIT PARTNERS MAY CALL OR EMAIL FOR ANSWERS TO FINANCIAL AID QUESTIONS. PERSONALIZED SUPPORT WITH COMPLETING FINANCIAL AID OR STUDENT LOAN APPLICATIONS MAY BE ARRANGED WITH A PARTNER SCHOOL OR NONPROFIT ORGANIZATION FOR STUDENTS IDENTIFIED AS QUALIFYING BASED ON ADVERSE PERSONAL CIRCUMSTANCES.COLLEGE AFFORDABLE, INC. INTENDS TO RAISE MONEY FROM PHILANTHROPISTS AND FROM INDUSTRY ADJACENT SERVICES PROVIDERS. EXPENSES WILL BE FOR FUNDRAISING AND ADMINISTRATIVE EXPENSES AS WELL AS EXECUTION OF OUR PROGRAMS TO PROVIDE EDUCATION AND SUPPORT TO SCHOOLS, NON-PROFIT ORGANIZATIONS AND FAMILIES. COLLEGE AFFORDABLE INC. INTENDS TO MAXIMIZE THE USE OF QUALIFIED VOLUNTEERS IN THE DELIVERY OF THE SUPPORT AND EDUCATION PROVIDED. AT THE CURRENT TIME AND IN THE INITIAL STAGES ALL SUPPORT BEING PROVIDED IS ON A VOLUNTEER BASIS, AND NO COMPENSATION IS BEING PAID AT THIS TIME AND DURING THE STARTUP PHASE OF THE ORGANIZATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $732,847 | $478,589 | +0.5% |
| Expenses | $695,339 | $498,837 | +0.4% |
| Net Income | $37,508 | $-20,248 | -2.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREGG COHEN | CHAIR & DIRECTOR | 10.00 |
Officer
Director
|
$1,530 | $0 | $1,530 |
| POLLY ROSS RIBATT | TREASURER & DIRECTOR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXIS MONGO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW MALATESTA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY KOHLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MAHONEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH FUNG | DIRECTOR (AS OF 6/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTORIA NESSEN | DIRECTOR (AS OF 8/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN GARDINER | EXECUTIVE DIRECTOR/CLERK | 40.00 |
Officer
|
$195,520 | $7,228 | $202,748 |
| LYNETTE O'LEARY | DIRECTOR OF FINANCIAL AID | 40.00 |
Highest
|
$143,038 | $5,351 | $148,389 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $732,847 | $695,339 | $112,562 | $37,508 |
| 2024 | $478,589 | $498,837 | $86,662 | $-20,248 |
| 2023 | $243,496 | $195,986 | $57,187 | $47,510 |
Compare COLLEGE AFFORDABLE INC with other nonprofits in Massachusetts and across the country.