Collegespring Inc
Only null% goes to programs Strong reserves
Collegespring Inc is a 501(c)(3) organization based in Walnut Creek, California, registered in 2010, with $2,624,939 in FY2023 revenue. CharityIndex grades it C+.
1990 N California Blvd Fl 8th, Walnut Creek, CA, 94596 EIN 27-0920698 Since 2010
Revenue (FY2023)
$2.6M
▲ 41.4% vs prior year
Education median: $200K
Expenses (FY2023)
$3.2M
Net assets
$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Collegespring Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating9 mo reserves · -22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Collegespring Inc: 9 mo reserves · -22% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Collegespring Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Collegespring Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1990 N California Blvd Fl 8th, Walnut Creek, CA, 94596
- City
- Walnut Creek
- State
- California
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue declined from $3.3M (FY2013) to $2.6M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $192KNet assets $2.5M
Operating margin
-21.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$192K
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,624,939▲41.4% | $3,196,529▲0.1% | $2,484,206▼15.6% | $2,676,266▼16.6% | 990 |
| 2022 | $1,856,852▼57.1% | $3,191,922▲12.1% | $2,943,925▼30.6% | $3,209,463▼29.5% | 990 |
| 2021 | $4,324,751▲56.5% | $2,847,102▲11.1% | $4,241,026▲53.5% | $4,551,677▲50.3% | 990 |
| 2020 | $2,763,117▼29.6% | $2,563,396▼23.4% | $2,763,377▲9.2% | $3,027,501▼4.2% | 990 |
| 2019 | $3,922,737▼8.5% | $3,347,789▼15.8% | $2,529,721▲29.4% | $3,159,055▲42.0% | 990 |
| 2018 | $4,286,309▲11.1% | $3,977,776▲16.0% | $1,954,773▲2.9% | $2,224,164▼6.2% | 990 |
| 2016 | $3,857,604▼7.8% | $3,429,359▲6.7% | $1,899,255▲40.7% | $2,370,162▲32.6% | 990 |
| 2015 | $4,181,819▲45.4% | $3,215,231▲2.2% | $1,350,198▲252% | $1,787,513▲135% | 990 |
| 2014 | $2,876,465▼13.8% | $3,145,362▲1.5% | $383,610▼41.2% | $761,253▼21.4% | 990 |
| 2013 | $3,335,859 | $3,099,181 | $652,507 | $968,931 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $4.0M total
55 grants to Collegespring Inc totaling $4.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Education | 2024 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $10,000 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $150,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $121,000 |
| Silicon Valley Community Foundation | Education | 2023 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $50,000 |
| Donor Advised Charitable Giving | Education | 2023 | $50,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $25,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2022 | $125,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $113,000 |
| Goldman Sachs Charitable Gift Fund | Community outreach & enrichment programs | 2022 | $100,000 |
| National Philanthropic Tr | Education | 2022 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $50,000 |
| American Online Giving Foundation Inc | General support | 2022 | $11,500 |
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Frequently asked questions
- Is Collegespring Inc a legitimate nonprofit?
- Yes. Collegespring Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-0920698, based in Walnut Creek, California. Donations are tax-deductible.
- What is Collegespring Inc's EIN?
- Collegespring Inc's Employer Identification Number (EIN) is 27-0920698.
- How much revenue does Collegespring Inc report?
- Collegespring Inc reported $2,624,939 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Collegespring Inc have?
- CharityIndex grades Collegespring Inc C+, based on financial health (reserves and operating margin).
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Data for Collegespring Inc (EIN 27-0920698) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.