2026-04-30T10:55:48-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-07-01 043351427 THE BOTTOM LINE INC BOTT 8574154810 500 AMORY STREET STE 3 JAMAICA PLAIN MA 02130 SHANNON DONNELLY COFO 8574154810 2026-04-29 1 1 AMY CHAPMAN P00843460 4078021200 2026-04-29 2024 2025-03-06 01:10:19Z STEVEN COLON 500 AMORY STREET STE 3 JAMAICA PLAIN MA 02130 52179986 0 X HTTPS://WWW.BOTTOMLINE.ORG X 1997 MA BOTTOM LINE PARTNERS WITH DEGREE-ASPIRING STUDENTS FROM FIRST GENERATION AND LOW-INCOME BACKGROUNDS AS THEY GET INTO COLLEGE, GRADUATE, AND GO FAR IN LIFE. BOTTOM LINE'S VISION IS TO DRAMATICALLY TRANSFORM URBAN COMMUNITIES BY PRODUCING THOUSANDS OF NEW CAREER-READY COLLEGE GRADUATES. 20 20 191 250 0 0 21063743 18957076 1105100 39000 1180425 1187218 22054 9022 23371322 20192316 2015803 1749444 0 0 16090619 17641434 0 0 4369390 6365837 6422192 24472259 25813070 -1100937 -5620754 37282019 33582184 3620523 5749494 33661496 27832690 X BOTTOM LINE WAS FOUNDED IN 1997 TO HELP FIRST GENERATION STUDENTS FROM LOW INCOME BACKGROUNDS GET INTO COLLEGE, GRADUATE FROM COLLEGE, AND GO FAR IN LIFE. WE ACCOMPLISH THIS MISSION BY PROVIDING ONE-ON-ONE COMPREHENSIVE SUPPORT DURING THE COLLEGE (CONTINUED ON SCH O) APPLICATION PROCESS AND FOR UP TO SIX YEARS IN COLLEGE. 0 0 17670447 1749444 39000 IN FISCAL YEAR 2025, BOTTOM LINE SERVERD MORE THAN 1080 HIGH SCHOOL STUDENTS THROUGH THE ORGANIZATION'S HIGHSCHOOL ACCESS PROGRAM, OF WHICH 91% MADE A COMMITMENT TO COLLEGE BY THE END OF THEIR SENIOR YEARS. THE ORGANIZATION SUPPORTED APPROXIMATELY 4100 STUDENTS IN THE COLLEGE SUCCESS PROGRAM, ACROSS MORE THAN 40 CAMPUSES NATIONWIDE, CELEBRATING 719 GRADUATES! BOTTOMLINE SUPPORTED MORE THAN 1900 STUDENTS IN THE CURRENT YEAR OF THE BLUPRINT PROGRAM, CONNECTING DEGREE-ASPIRING STUDENTS ALL OVER THE COUNTRY WITH A VIRTUAL ADVISOR. 17670447 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 118 0 1 191 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IL MA NY OH X X SHANNON DONNELLY 8572721980 500 AMORY STREET BOSTON MA 02130 AUDITI CHAKRAVARTY CHAIR 1.00 X X 0 0 0 STEVEN COLON CHIEF EXECUTIVE OFFICER 40.00 X X 360571 0 47956 KEVIN CONNOLLY DIRECTOR 1.00 X 0 0 0 ANAND NAIR DIRECTOR 1.00 X 0 0 0 ALEJANDRO LONGORIA DIRECTOR 1.00 X 0 0 0 JONATHAN LAW DIRECTOR 1.00 X 0 0 0 JIM JESSEE DIRECTOR 1.00 X 0 0 0 MIKE REFOJO DIRECTOR 1.00 X 0 0 0 IRIS GONZALEZ DIRECTOR 1.00 X 0 0 0 CALVIN CROSSLIN DIRECTOR 1.00 X 0 0 0 MARK COX DIRECTOR 1.00 X 0 0 0 PUNIT MEHTA DIRECTOR 1.00 X 0 0 0 MAX CLERMONT DIRECTOR 1.00 X 0 0 0 GERALDINE WHITE DIRECTOR 1.00 X 0 0 0 RAVI ACHARYA DIRECTOR 1.00 X 0 0 0 MIKE VOLO DIRECTOR 1.00 X 0 0 0 BOB BALLARD DIRECTOR 1.00 X 0 0 0 DENISE DEAMORE SECRETARY 1.00 X X 0 0 0 LARRY BRADLEY TREASURER 1.00 X X 0 0 0 PETER BOWEN VICE CHAIR 1.00 X X 0 0 0 SHANNON DONNELLY CHIEF OPERATIONAL & FINANCIAL OFFICER 40.00 X 185034 0 28039 SHAUWEA HAMILTON CHIEF IMPACT OFFICER 40.00 X 227856 0 3407 ANDREA CARTER CHIEF OF EXTERNAL AFFAIRS(THRU 11/24) 40.00 X 163076 0 11620 SARAH PLACE CHIEF PROGRAM OFFICER 40.00 X 185692 0 2742 ALISSA SILVERMAN CHIEF REGIONAL OFFICER 40.00 X 199940 0 11886 THOMAS WILL HOBART EXECUTIVE DIRECTOR - IL 40.00 X 179041 0 32601 GINETTE SAIMPREVIL EXECUTIVE DIRECTOR - MA 40.00 X 187901 0 12764 CARLOS PERRETT DEVELOPMENT DIRECTOR - MA 40.00 X 151329 0 19688 JOHN DUMEY DEVELOPMENT DIRECTOR - NY 40.00 X 152818 0 28090 VICTORIA COKER EXECUTIVE DIRECTOR - NY 40.00 X 142340 0 2725 JAMES COSBY EXECUTIVE DIRECTOR - OH 40.00 X 149739 0 31543 BRIAN ALEXANDER VICE PRESIDENT OF GROWTH 40.00 X 150355 0 6827 VANESSA DIAZ LANDIVAR FMR CH. TECH & DATA OFF. (THRU 5/24) 40.00 X 162705 0 15390 2598397 0 255278 36 1 1 0 PRODUCT RULES LLC 4200 WISONSIN STREET NW WASHINGTON DC 20016 TECH INFRASTRUCTURE/STUDENT DATABASE 543100 SEYFARTH & SHAW 233 S WACKER DRIVE CHICAGO IL 60606 LEGAL SERVICES 180052 TASSANT PARTNERS 17 ADAMS STREET NW WASHINGTON DC 20001 MANAGEMENT CONSULTING 146036 CONTRAST & CO 2816 FENNEL ROAD EDGEWATER MD 21037 WEBSITE DESIGN CONSULTING 133340 4 1011127 90000 17855949 18957076 PROGRAM SERVICE FEE 611710 39000 39000 39000 838357 838357 31784483 31435622 348861 348861 348861 551071 1011127 552048 -977 -977 OTHER INCOME 900099 9999 9999 9999 20192316 39000 0 1196240 1749444 1749444 1882181 1003802 582180 296199 12924705 9410347 1273251 2241107 369947 270859 42097 56991 1416673 1042825 164857 208991 1047928 746646 142984 158298 141688 141688 92559 92559 31500 31500 4626 4626 2396962 1047687 577288 771987 68267 150 1588 66529 385976 253567 80336 52073 860908 471787 286243 102878 684334 593073 11573 79688 105849 105849 691943 329709 201721 160513 1784 1784 145225 107252 15992 21981 70941 70941 BANK FEES, DUES & OTHER 179852 32708 80677 66467 PROGRAM EVENTS 161604 161604 RECRUITMENT AND PARTNER 117212 117212 OTHER PROGRAM EXPENSE 107008 107008 173954 87418 848 85688 25813070 17670447 3773233 4369390 2291795 2158497 14092651 5558095 7664513 9158715 297476 384773 912021 597191 133763 314830 10948074 11385290 239771 654765 1613976 3967219 37282019 33582184 2123195 1794032 1497328 3955462 3620523 5749494 X 19565380 13732006 14096116 14100684 33661496 27832690 37282019 33582184 -5620754 -208052 0 X 0 1 X 1 0 X 18888429 17833307 35372392 21063743 18957076 112114947 18888429 17833307 35372392 21063743 18957076 112114947 6014695 106100252 13195 501692 792401 838357 2145645 456820 546714 561070 1564604 115825196 2419703 0.91600 0.94310 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 1,750. 2023 AMOUNT: $ 5,975. 2024 AMOUNT: $ 9,999. FUNDRAISING INCOME - 2022 AMOUNT: $ 455,070. 2023 AMOUNT: $ 540,739. 2024 AMOUNT: $ 551,071. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 31500 31500 0 PART II-B, LINE 1: BOTTOM LINE WORKS WITH A LOBBYIST IN OH TO ENGAGE WITH CURRENT LEGISLATORS AT THE STATE AND LOCAL LEVEL TO MAKE INROADS NECESSARY FOR FUNDING OPPORTUNITIES. 492307 150000 56399 57419 4626 636661 305772 156722 33292 3479 492307 299544 6228 305772 1.00000 0 0 104718 77822 26896 807303 519369 287934 314830 RIGHT OF USE ASSETS 3782699 DEPOSITS 184520 3967219 LEASE OBLIGATION 3955462 3955462 X 20483331 -208052 528693 320641 20162690 4626 25000 29626 20192316 26312137 528693 528693 25783444 4626 25000 29626 25813070 PART V, LINE 4: BOTTOM LINE NEW YORK'S TERM ENDOWMENT WAS FORMED IN ORDER TO SUPPORT NY STUDENTS IMPACTED BY THE HIGH COST OF LIVING IN THE NYC AREA. THIS FUND MAKES DIRECT DISBURSEMENTS TO BOTTOM LINE STUDENTS IN NEED WHO SUBMIT REQUESTS THROUGH AN INTERNAL APPLICATION PROCESS. PART X, LINE 2: THE ORGANIZATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS REQUIRED BY THE UNCERTAIN TAX POSITION GUIDANCE, THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. AS OF JUNE 30, 2025 AND 2024, THE ORGANIZATION DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITIONS AND THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THOSE YEARS. TAX YEARS REMAIN OPEN FOR YEARS IN WHICH ANY UNRELATED BUSINESS INCOME TAX RETURN HAS NOT BEEN FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONATED USE OF FACILITIES INCLUDED IN FUNDRAISING EXPENSES 25,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: DONATED USE OF FACILITIES INCLUDED IN FUNDRAISING EXPENSES 25,000. MA EVENT 983815 713746 270069 48033 117318 36634 66695 NY EVENT 336602 158739 177863 14585 61180 2732 71613 27753 1 241781 138642 103139 15136 29640 48820 11909 1562198 1011127 551071 14585 124349 149690 157067 106357 552048 -977 1 SCHOLARSHIPS 866 1749444 N/A N/A PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF SCHOLARSHIP FUNDS IN THREE WAYS: FOR THE PORTION INTENDED FOR TUITION, PAYMENTS ARE MADE DIRECTLY TO THE SCHOOL, OR REQUIRE A CONFIRMATION RECEIPT PRINTED FROM THE PORTAL THAT A STUDENT USES TO PAY THEIR TUITION BILL. FOR THE PORTION INTENDED TO ASSIST WITH NON-TUITION EXPENSE ITEMS, PAYMENTS ARE MADE ACCORDING TO A PREDETERMINED SCHEDULE OR WHEN THE ELIGIBLE STUDENT SUBMITS A REQUEST FOR PAYMENT AGAINST AN ELIGIBLE EXPENSE (IE, BOOKS, ON-CAMPUS FEES, ETC.) X X X X 0 0 0 0 0 0 0 0 0 STEVEN COLON CHIEF EXECUTIVE OFFICER 360571 0 0 0 0 0 18114 0 29842 0 408527 0 0 0 SHAUWEA HAMILTON CHIEF IMPACT OFFICER 227856 0 0 0 0 0 3407 0 0 0 231263 0 0 0 SHANNON DONNELLY CHIEF OPERATIONAL & FINANCIAL OFFICE 185034 0 0 0 0 0 2937 0 25102 0 213073 0 0 0 ALISSA SILVERMAN CHIEF REGIONAL OFFICER 199940 0 0 0 0 0 1934 0 9952 0 211826 0 0 0 THOMAS WILL HOBART EXECUTIVE DIRECTOR - IL 179041 0 0 0 0 0 2759 0 29842 0 211642 0 0 0 GINETTE SAIMPREVIL EXECUTIVE DIRECTOR - MA 187901 0 0 0 0 0 2812 0 9952 0 200665 0 0 0 SARAH PLACE CHIEF PROGRAM OFFICER 185692 0 0 0 0 0 2742 0 0 0 188434 0 0 0 JAMES COSBY EXECUTIVE DIRECTOR - OH 149739 0 0 0 0 0 1701 0 29842 0 181282 0 0 0 JOHN DUMEY DEVELOPMENT DIRECTOR - NY 152818 0 0 0 0 0 681 0 27409 0 180908 0 0 0 VANESSA DIAZ LANDIVAR FMR CH. TECH & DATA OFF. (THRU 5/24) 162705 0 0 0 0 0 3657 0 11733 0 178095 0 0 0 ANDREA CARTER CHIEF OF EXTERNAL AFFAIRS(THRU 11/24 163076 0 0 0 0 0 2542 0 9078 0 174696 0 0 0 CARLOS PERRETT DEVELOPMENT DIRECTOR - MA 151329 0 0 0 0 0 1186 0 18502 0 171017 0 0 0 BRIAN ALEXANDER VICE PRESIDENT OF GROWTH 150355 0 0 0 0 0 1640 0 5187 0 157182 0 0 0 PART I, LINE 3 BOTTOM LINE'S EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE COMMITTEE PERFORMS A COMPARABLE SALARY REVIEW, WITHIN INDUSTRY, USING PUBLICLY AVAILABLE DATA FROM FORM 990. THE COMMITTEE MEETS AND REVIEWS THE CEO'S PERFORMANCE AND DETERMINES THE APPROPRIATE SALARY. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT COMPLETES AND REVIEWS THE DRAFT OF THE FORM 990 AND SUBMITS IT TO THE BOARD OF DIRECTORS. AFTER THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FINAL DRAFT, THE FORM 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT COMPLETES AND REVIEWS THE DRAFT OF THE FORM 990 AND SUBMITS IT TO THE BOARD OF DIRECTORS. AFTER THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FINAL DRAFT, THE FORM 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A FORM AT EACH ANNUAL MEETING OF THE BOARD DISCLOSING ANY KNOWN OR POTENTIAL CONFLICTS. THEY ARE ALSO TASKED WITH COMPLETING THIS FORM IF ANY KNOWN OR POTENTIAL CONFLICTS ARISE DURING THE COURSE OF THE ANNUAL MEETING CYCLE. THESE FORMS ARE REVIEWED ANNUALLY BY THE GOVERNANCE & NOMINATING COMMITTEE OF THE BOARD. TO THE EXTENT THAT AN IDENTIFIED CONFLICT OF INTEREST BY A DIRECTOR MAY REASONABLY BE THOUGHT TO HAVE A BEARING ON A MATTER THAT REQUIRES APPROVAL BY THE BORD OF DIRECTORS, THEN THE DIRECTOR WOULD GENERALLY BE ASKED TO RECUSE THEMSELVES FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 BOTTOM LINE'S EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE COMMITTEE PERFORMS A COMPARABLE SALARY REVIEW, WITHIN INDUSTRY, USING PUBLICLY AVAILABLE DATA FROM FORM 990. THE COMMITTEE MEETS AND REVIEWS THE CEO'S PERFORMANCE AND DETERMINES THE APPROPRIATE SALARY. FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES, THE MANAGEMENT HIRES AN INDEPENDENT FIRM TO CONDUCT A COMPREHENSIVE COMPENSATION STUDY, USING MARKET DATA AND INDUSTRY STANDARD BENCHMARKING TECHNIQUES. THE EXECUTIVE LEADERSHIP TEAM REVIEWS THIS REPORT - ADJUSTING SALARIES APPROPRIATELY. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST.