College-in-3 Exchange Inc
Nonprofit profile at a glance
- EIN
- 993793430
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Austin, TX, USA
- Phone
- 2024453527
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and/or Public Policy Analysis
Reported finances
- Revenue
- $35,800
- Expenses
- $220,131
- Assets
- $62,862
- Liabilities
- $19,832
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- WALLACE BOSTON (CHAIR)
- RICHARD EKMAN (VICE CHAIR/T)
- MARY-LINDA ARMACOST (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide technical assistance to higher education institutions to support the acceleration and scaling of 3 year bachelor's degrees.
What it reported doing in 2025
To provide technical assistance to higher education institutions to support the acceleration and scaling of three year bachelor's degrees by conducting research into institutional assessments, and an in-person convening to conduct workshops and knowledge share around accelerating and scaling three year degrees.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 16.8%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -514.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 39.4%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -150.6% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -119.8% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 16.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $37K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.