EIN 52-1720876

First Generation College Bound

IRS 501(c) type
501(c)(3)
Num. employees
16
City
Year formed
1991
Most recent tax filings
2023-06-01
NTEE code, primary
Description
FGCB inspires low income and first-generation youth to achieve success through college access programs and homework clubs.
Total revenues
$1,933,298
2023
Total expenses
$1,280,391
2023
Total assets
$2,290,586
2023
Num. employees
16
2023

Program areas at First Generation College Bound

The College Access program supported 183 seniors, 109 juniors, and 45 sophomores. Accomplishments 100% of students graduated high school and 100% of students were accepted to at least one college or university. 188 high school seniors successfully matriculated to college. 52% of students committed to a four-year college with 48% committed to a two year college. A total of $3 million was awarded to FGCB students from various sources (as reported on their financial aid packages) entering college in 2023. FGCB is not a source of providing financial aid to any student. FGCB also recognized 10 college graduates who earned an associate's degree, 61 students who earned a bachelor's degree, 6 students who earned a graduate degree, and 1 student who earned a doctorate degree. FGCB maintained a 77% first- year freshman-to- sophomore retention rate. During this academic year, the process began to add an additional college access site for the 2023-2024 academic year (the International School at Langley Park).
Homework Club- 33 students (an increase of 23 students)

Who funds First Generation College Bound

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Eugene and Agnes E Meyer FoundationTo Support General Operations Over Two Years$75,000
If FoundationGeneral Support$15,000
AmazonSmile FoundationGeneral Support$85

Personnel at First Generation College Bound

NameTitleCompensation
Joseph FisherChief Executive Officer and Founder$80,288
Stephen WhetstoneChief of Staff$0
Gavin BrownExecutive Director$0
Deja CobbsDirector of Program Services
Michael L WoodSecretary$0
...and 3 more key personnel

Financials for First Generation College Bound

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,894,475
Program services$13,875
Investment income and dividends$24,948
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,933,298

Form 990s for First Generation College Bound

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-14990View PDF
2022-062023-03-29990View PDF
2021-062022-02-27990View PDF
2020-062021-04-02990View PDF
2020-062021-03-31990View PDF
...and 11 more Form 990s

Organizations like First Generation College Bound

OrganizationLocationRevenue
Project Grad AkronAkron, OH$1,487,737
Detroit Area Pre-College Engineering Program (DAPCEP)Detroit, MI$2,293,865
FarwiseHailey, ID$1,574,585
Dent EducationBaltimore, MD$484,204
Hope Partnership for EducationPhiladelphia, PA$2,953,657
Success Preparatory AcademyNew Orleans, LA$8,752,764
Deans for ImpactAustin, TX$3,630,115
All-In MilwaukeeMilwaukee, WI$4,552,095
The Daniel Center for Math and ScienceRaleigh, NC$724,923
Sage HamiltondirectorBoulder, CO$1,220,712
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from If Foundation
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $75,000 from Meyer Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
8101 Sandy Spring Rd
Laurel, MD 20707
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Prince George's County, MD
Website URL
fgcb.org/ 
Phone
(301) 490-0911
IRS details
EIN
52-1720876
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
Free account sign-up

Want updates when First Generation College Bound has new information, or want to find more organizations like First Generation College Bound?

Create free Cause IQ account