College Mentors for Kids Inc
Nonprofit profile at a glance
- EIN
- 352002052
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3179211798
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $1,836,495
- Expenses
- $1,971,349
- Assets
- $4,454,576
- Liabilities
- $249,088
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- SHELLEY HUNTER (CEO)
Highest reported compensation
- SHELLEY HUNTER (CEO): $138,753 total reported compensation
- AMANDA KOUSHYAR (COO (END 2.24.25)): $129,067 total reported compensation
- ERIN COSLER (COO (START 2.24.25)): $79,659 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
College mentors for kids connects kids to college students through weekly on-campus activities that inspire growth, confidence, and brighter futures. The organization establishes chapters at colleges and universities that facilitate mentoring relationships between college students and kids in 1st - 6th grade. During the 2024-25 school year, college mentors served more than 1,800 kids through more than 2,300 college student volunteers.
What it reported doing in 2024
All program expenses relate to the organization, management, and facilitation of the mentor program which matches 1st through 6th graders with college student mentors for weekly afterschool activities. After spending time with their mentors, kids learned problem-solving and relational skills, saw themselves in a more positive way, and learned about careers they can have in the future. College students learn the importance of giving back and gain valuable leadership and communication skills.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 91
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.3%; rating input score 78
- Program expense ratio: 71.8%; rating input score 72
- Fundraising efficiency: $5.8 raised per $1 spent on fundraising; rating input score 21; 21st 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: Limited
- 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: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: -7.3%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 2.26; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 17.6%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 17% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 78.3% of revenue deployed · 71.8% of spending went to programs
- Governance: 23 of 23 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $139K · 26 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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: Fundraising efficiency scored 21/100.
- High — Sustainability: Operating margin scored 20/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.