2026-04-30T12:51:40-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-07-01 521598921 COLLEGEBOUND FOUNDATION COLL 4107813676 2507 N HOWARD STREET 200 BALTIMORE MD 21218 CATHERINE MOTZ EXECUTIVE DIRECTOR 4107813676 2026-04-29 1 1 KATARZYNA O PADZIK P02268641 7819821001 2026-04-29 2024 2025-03-06 01:10:19Z CATHERINE MOTZ 2507 N HOWARD STREET 200 BALTIMORE MD 21218 8634492 0 X WWW.COLLEGEBOUNDFOUNDATION.ORG X 1988 MD TO PROVIDE COUNSELING AND FINANCIAL RESOURCES TO BALTIMORE CITY PUBLIC SCHOOL STUDENTS. 30 29 66 150 0 0 18415535 4938337 1203820 1310710 2109188 2120271 -11291 -2057 21717252 8367261 1902294 2078270 0 0 3856841 4799697 0 0 458476 1511076 1976846 7270211 8854813 14447041 -487552 57139518 61450595 1065809 4446194 56073709 57004401 X COLLEGEBOUND EMPOWERS BALTIMORE CITY SCHOOLS' STUDENTS TO SUCCESSFULLY PURSUE AND COMPLETE A COLLEGE DEGREE OR OTHER POST-SECONDARY OPTIONS. AS A TRUSTED ADVOCATE FOR CITY-WIDE COLLEGE ACCESS, RETENTION, AND GRADUATION, WE PROVIDE ADVISING, FINANCIAL GUIDANCE, SCHOLARSHIPS AND OTHER RESOURCES. 0 0 7791996 2078270 1310710 TO ENCOURAGE AND ENABLE BALTIMORE CITY PUBLIC SCHOOL STUDENTS TO PURSUE A POSTSECONDARY EDUCATION BY PROVIDING COUNSELING THROUGH ITS COLLEGE ADVISING PROGRAM AND FINANCIAL RESOURCES, PROVIDING SCHOLARSHIPS AND LAST DOLLAR GRANT AWARDS TO STUDENTS. 7791996 1 1 0 0 0 0 0 0 0 1 1 1 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 21 0 1 66 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X CATHERINE MOTZ 2024945469 2507 N HOWARD STREET SUITE 200 BALTIMORE MD 21218 CATHERINE MOTZ EXECUTIVE DIRECTOR 40.00 X X 196356 0 21586 ALICIA WILSON CHAIR 1.00 X X 0 0 0 ROBERT C EMBRY JR TREASURER (UNTIL 12/25) 1.00 X X 0 0 0 CAROL D RECKLING SECRETARY 1.00 X X 0 0 0 DAVID GIBBONS DIRECTOR 1.00 X 0 0 0 MARK GINSBERG DIRECTOR 1.00 X 0 0 0 RICHARD GREENWOOD DIRECTOR 1.00 X 0 0 0 MICHAEL E HAYNIE DIRECTOR 1.00 X 0 0 0 BRETT INGERMAN DIRECTOR 1.00 X 0 0 0 JULIA JASKEN DIRECTOR 1.00 X 0 0 0 ADRIAN S JOHNSON DIRECTOR 1.00 X 0 0 0 J DREXEL KNIGHT DIRECTOR 1.00 X 0 0 0 ALICE T LILLY DIRECTOR 1.00 X 0 0 0 EDWIN LUGO II DIRECTOR 1.00 X 0 0 0 JOHN MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 THE HONORABLE WES MOORE DIRECTOR 1.00 X 0 0 0 PETER H NACHTWEY DIRECTOR 1.00 X 0 0 0 DR ASMA NAEEM DIRECTOR 1.00 X 0 0 0 JOSHUA PERRY DIRECTOR 1.00 X 0 0 0 THOMASINA POIROT DIRECTOR 1.00 X 0 0 0 DAVID A QUARANTA DIRECTOR 1.00 X 0 0 0 GEORGE ROCHE DIRECTOR 1.00 X 0 0 0 THE HONORABLE JULIE R RUBIN DIRECTOR 1.00 X 0 0 0 ROBERT SALLEY DIRECTOR 1.00 X 0 0 0 DR SONJA B SANTELISES DIRECTOR 1.00 X 0 0 0 TERRY SAWYER DIRECTOR 1.00 X 0 0 0 CHARLES SCHEELER DIRECTOR 1.00 X 0 0 0 BALTIMORE MAYOR BRANDON SCOTT DIRECTOR 1.00 X 0 0 0 DAVID WILSON DIRECTOR 1.00 X 0 0 0 SAMUEL T WOODSIDE DIRECTOR 1.00 X 0 0 0 DR CAREY WRIGHT DIRECTOR 1.00 X 0 0 0 GREG BROWN DIRECTOR (UNTIL 1/25) 1.00 X 0 0 0 ATERIA GRIFFON DIRECTOR (UNTIL 7/3/24) 1.00 X 0 0 0 D SCOTT WARMAN DIRECTOR (UNTIL 6/25/25) 1.00 X 0 0 0 CHARLES WASHINGTON DIRECTOR (UNTIL 6/25/25) 1.00 X 0 0 0 JENNIFER COVAHEY DIRECTOR OF COLLEGE SUCCES 40.00 X 118006 0 13842 KRISTI LYNN STRAIGHT DIRECTOR OF ACCOUNTING 40.00 X 104111 0 1888 418473 0 37316 3 0 1 0 0 152933 453141 4332263 4938337 COLLEGE ACCESS PROGRAM SPECIALIST 611710 1310710 1310710 1310710 1473977 1473977 839551 193257 646294 646294 646294 71917 152933 73974 -2057 -2057 8367261 1310710 0 2118214 2078270 2078270 218450 194420 8738 15292 3789054 3371507 150762 266785 34650 31843 312 2495 469369 429053 6670 33646 288174 263263 4264 20647 255830 178001 77829 138009 138009 71687 33283 38404 117027 98736 11859 6432 167794 140337 18305 9152 290164 185705 69639 34820 92140 88656 1965 1519 71129 45523 17071 8535 66386 55522 7242 3622 OTHER PROGRAM COSTS 418470 418470 DUES AND PUBLICATIONS 93519 75037 8162 10320 BAD DEBT EXPENSE 69900 69900 124791 104370 13614 6807 8854813 7791996 604341 458476 383916 399024 14692066 12835179 938532 553198 87830 130014 730337 329866 37382 400471 37357023 39375730 3491462 4033710 151307 3723269 57139518 61450595 486867 339037 169541 159605 409401 3947552 1065809 4446194 X 30198163 31674563 25875546 25329838 56073709 57004401 57139518 61450595 -487552 1418244 0 X 0 1 X 1 0 X 3442220 6596985 7229310 18415535 4938337 40622387 3442220 6596985 7229310 18415535 4938337 40622387 14948973 25673414 1334180 1280248 924663 1288667 1473977 6301735 1250 1250 46925372 2514530 0.54710 0.52570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2022 AMOUNT: $ 1,250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27489126 2499545 1400751 28587920 25378559 12545 3363809 1265787 27489126 23847731 2230828 700000 25378559 27343996 -3496265 23847731 21896443 6568195 1120642 27343996 1.00000 0.00000 0.00000 0 0 70750 29491 41259 659587 300375 359212 400471 LIMITED PARTNERSHIPS AND SIMILAR INTEREST 3185470 F REAL ESTATE INVESTMENT TRUST 848240 F 4033710 SECURITY DEPOSITS 33766 RIGHT OF USE ASSETS 3689503 3723269 DEFERRED COMPENSATION PLAN LIABILITY 243930 OPERATION LEASE LIABILITY 3703622 3947552 X 9721470 1418244 1418244 8303226 138009 -73974 64035 8367261 8790778 73974 73974 8716804 138009 138009 8854813 PART V, LINE 4: THE BOARD DESIGNATED ENDOWMENT FUNDS CONSIST OF UNRESTRICTED FUNDS DESIGNATED FOR LONG-TERM INVESTMENT BY THE BOARD OF DIRECTORS. THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 5% OF THE INVESTMENT PORTFOLIO'S ROLLING AVERAGE FAIR VALUE FOR THE PRECEDING FIVE FISCAL YEARS. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. PART X, LINE 2: ASC 740, INCOME TAXES, PRESCRIBES THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY TO BE REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF JUNE 30, 2025 AND 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -73,974. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 73,974. LUNCHEON 224850 152933 71917 6069 33000 32848 725 1332 224850 152933 71917 6069 33000 32848 725 1332 73974 -2057 1 STUDENT GRANTS 622 2078270 N/A N/A PART I, LINE 2: FUNDS ARE SENT DIRECTLY TO THE INSTITUTION WHERE THE SELECTED STUDENT IS ENROLLED. STUDENTS NEVER RECEIVE A CHECK MAILED TO THEM AND CANNOT MISAPPROPRIATE THE FUNDS FOR ANYTHING OTHER THAN COST OF ATTENDANCE. STUDENTS ARE REQUIRED TO SUBMIT FINANCIAL AID AWARD LETTERS TO MAKE SURE THERE IS STILL A NEED TO RECEIVE THE FUNDS. IF THERE IS NOT A NEED THE FUNDS MAY BE HELD FOR WINTER OR SUMMER COURSES. ALL FUNDS MUST BE SPENT IN ONE YEAR AND DO NOT CARRYOVER. X 0 0 0 0 0 0 0 0 0 CATHERINE MOTZ EXECUTIVE DIRECTOR 196356 0 0 0 0 0 7976 0 13610 0 217942 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A AT THE START OF THE TERM OF A BOARD CHAIR, THE CHAIR SHALL SELECT FROM THE BOARD MEMBERS AN EXECUTIVE COMMITTEE, WHICH SHALL INCLUDE THE CHAIR- ELECT AND MAY INCLUDE AT LEAST AS MANY BOARD MEMBERS AS THE NUMBER OF BOARD COMMITTEES, IN ADDITION TO THE BOARD CHAIR AND CHAIR-ELECT, AS WELL AS ANY ADDITIONAL MEMBERS THE CHAIR SELECTS. THE BOARD CHAIR SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL BE AUTHORIZED TO ACT IN THE NAME AND PLACE OF THE BOARD IN THE MANAGEMENT OF THE FOUNDATION'S PROGRAMS AND ACTIVITIES BETWEEN BOARD MEETINGS. A QUORUM OF THE EXECUTIVE COMMITTEE SHALL BE PRESENT AT ANY MEETING OF THE EXECUTIVE COMMITTEE IN ORDER TO CONDUCT BUSINESS, INCLUDING WITHOUT LIMITATION TO VOTE ON ANY MATTER. THE CHAIR SHALL REPORT TO THE FULL BOARD ON ANY AND ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE AT THE NEXT REGULARLY SCHEDULED BOARD MEETING OR AT A SPECIAL MEETING OF THE BOARD IF THE CHAIR DEEMS AN EARLIER REPORT TO BE APPROPRIATE. THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO AMEND THE FOUNDATION'S ARTICLES OF INCORPORATION, THESE BYLAWS, OR TO ELECT OR REMOVE A BOARD MEMBER OR AN OFFICER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF ACCOUNTING AND EXECUTIVE DIRECTOR BOTH REVIEW AND APPROVE THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY INCLUDED IN THEIR BYLAWS. THE CONFLICT OF INTEREST POLICY IS REQUIRED TO BE REVIEWED AND SIGNED ON AN ANNUAL BASIS. OVERSIGHT AND ENFORCEMENT OF THE POLICY ARE UNDERTAKEN BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND OPERATIONS MANAGER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR AND CHAIR OF THE AUDIT AND COMPENSATION COMMITTEE APPROVE THE EXECUTIVE DIRECTOR'S SALARY CHANGE BASED ON COST OF LIVING RATES AND SALARY AND BENEFITS SURVEYS PROVIDED BY MARYLAND NONPROFITS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.