College for Kids Inc

Nonprofit profile at a glance

EIN
208077416
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
West Palm Beach, FL, USA
Phone
5616831704
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$2,665,869
Expenses
$2,367,021
Assets
$12,166,380
Liabilities
$77,075

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

Highest reported compensation

  • NANCY STELLWAY (EXECUTIVE DI): $147,860 total reported compensation
  • LIDIA VARGAS (DIR. OF DEVE): $139,650 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to passionately promote self-worth, personal responsibility, and academic success for qualified, financially at-risk students throughout palm beach county by providing a unique set of resources which includes one-on-one mentoring services, college readiness coaching, college advising, post-secondary retention services, and a guaranteed post-secondary full-tuition college scholarship.

What it reported doing in 2024

Take stock in children palm beach county provides a multi-year, wraparound program that pairs at-risk middle- and high-school students with a devoted mentor for weekly meetings, ongoing academic support, and college-readiness services delivered by college readiness coaches. The model spans roughly 5-8 years, guiding students from enrollment (typically 6th-9th grade) through high school, into postsecondary education, with senior-year transition support from college retention specialists. All participants come from families at or below the federal poverty line. In fy2025, we served 1,407 students across 36 palm beach county schools and campuses, supported by 612 volunteer mentors. The program ensures a guaranteed minimum 2-year Florida prepaid college tuition scholarship upon graduation and offers monthly family workshops, academic coaching, college tours, sat/act prepwork, and postsecondary advising to sustain college enrollment and completion. Outcomes are strong: 100% high school graduation and 96% college enrollment, underscoring the program's impact on individual youth and the county's economic vitality.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.3%; rating input score 68
  • Program expense ratio: 74.6%; rating input score 75
  • Fundraising efficiency: $8.39 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 5.14; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 12.1%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 6.1% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 13% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 14% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 68.3% of revenue deployed · 74.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.8M in reported program spending
  • Leadership: top reported pay $148K · 17 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 24/100.