District of Columbia College Access Program

What it reported doing in 2024

Dc cap maintains one main initiative student success, which provides scholars with increased financial support from dc cap. In conjunction with this program, dc cap provides comprehensive support for a pipeline of "scholars," the majority of whom enroll at one of dc cap's "university partner institutions." this strategy was designed to pair federal, private, and institutional gift aid with high-impact, collaborative coaching from dc cap and university staff. Student success coaches provide academic, financial aid, social, and logistical support within a cohort-based scholar community. This support leads to an increase in college persistence and graduation rates for district of columbia students. Dc cap's flagship program, the dc cap university partnership scholarship program, was enacted through collaborative agreements with 14 high-performing, four-year institutions that are committed to increasing enrollment and graduation rates for d.c. Students. Partner institutions must demonstrate high completion rates for low-income (pell grant recipient) students and offer comprehensive support services for low-income and first-generation students. Partnership institutions collaborate closely with dc cap to recruit and select a cohort of students annually, provide year-round high intensity retention support services and tracking, and award substantial financial aid packages to ensure that d.c. Students can earn their degrees. Dc cap university partnership scholars are selected as graduating high school seniors and receive renewable support from dc cap for up to five years. Scholarship amounts vary based on the institution and range from $5,000 to $7,500 annually per scholar.

Financial Efficiency

• Mission deployment rate: 48.9%; rating input score 49
• Program expense ratio: 77.7%; rating input score 78
• Fundraising efficiency: $18.09 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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; 66th 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: Fail
  • 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: 68.3%; rating input score 97; 97th percentile among comparable filings
• Total-asset coverage ratio: 6.28; rating input score 87; 87th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 10%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
• Revenue growth: 7.9% per year; rating input score 100; 65th percentile among comparable filings
• Asset growth: 1.3% per year; rating input score 100; 15th percentile among comparable filings