Youth Development

College Bound Opportunities

  • Riverwoods, IL
  • www.cbo4success.org

Mission Statement

College Bound Opportunities mentors economically disadvantaged students to unleash their potential, graduate college, pursue meaningful professions, and inspire others to follow in their footsteps.

Main Programs

  1. Financial Assistance
  2. Mentoring
  3. Laptops
  4. ACT Prep Classes
  5. Career Prep
Service Areas

Self-reported

Illinois

CBO serves students at the following high schools:
- Deerfield High School
- Highland Park High School
- Lake Forest High School
- Cristo Rey St. Martin in Waukegan

ruling year

2007

Executive Director

Self-reported

Susan Bell

Keywords

Self-reported

College Bound Opportunities, CBO, college, graduation, low income, mentors, scholars, high school, highland park high school, deerfield high school, lake forest high school, District 113, District 115

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EIN

20-4811544

 Number

3928606633

Contact

Cause Area (NTEE Code)

Other Youth Development N.E.C. (O99)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

CBO MENTORS HIGH SCHOOL STUDENTS OF LIMITED MEANS, AND WHO ARE OFTEN THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE, TO GAIN ENTRY TO A COLLEGE OR UNIVERSITY AND GRADUATE. THE ORGANIZATION ASSISTS STUDENTS WITH COLLEGE APPLICATIONS, TAKES THEM ON COLLEGE VISITS, AND IDENTIFIES ADDITIONAL SCHOLARSHIP OPPORTUNITIES. CBO GUIDES SCHOLARS TOWARD SUCCESSFUL EXPERIENCES IN HIGHER EDUCATION WITH 95% OF STUDENTS EARNING A COLLEGE DEGREE.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Financial Assistance

CBO provides a scholarship of up to $16,000 for four years of college.

Category

None

Population(s) Served

Young Adults (20-25 years) -- currently not in use

Youth/Adolescents only (14 - 19 years)

Poor/Economically Disadvantaged, Indigent, General

Budget

$960,000.00

Program 2

Mentoring

Community volunteers are paired with scholars in a one-to-one mentor relationship. Mentors guide scholars along their path to college graduation and assist with college applications and financial aid applications.

Category

Postsecondary Education

Population(s) Served

Youth/Adolescents only (14 - 19 years)

Young Adults (20-25 years) -- currently not in use

None

Budget

Program 3

Laptops

Each scholar receives a laptop to take to college once they graduate from high school.

Category

Postsecondary Education

Population(s) Served

Youth/Adolescents only (14 - 19 years)

Young Adults (20-25 years) -- currently not in use

None

Budget

Program 4

ACT Prep Classes

Scholars are signed up for ACT Prep Classes when they join the program as juniors in high school. The classes increase scores on average by 2.5 points and as much as 10 points.

Category

Postsecondary Education

Population(s) Served

Youth/Adolescents only (14 - 19 years)

Young Adults (20-25 years) -- currently not in use

None

Budget

Program 5

Career Prep

CBO provides workshops on resume writing and interviewing to prepare scholars for their careers. CBO also hosts an annual internship fair to connect scholars with local businesses.

Category

Postsecondary Education

Population(s) Served

Youth/Adolescents only (14 - 19 years)

Young Adults (20-25 years) -- currently not in use

None

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    CBO seeks to give all qualified students access to college, reduce student debt below the national average, maintain 95% graduation rates, and prepare scholars for successful careers.
  2. What are the organization's key strategies for making this happen?
    By utilizing core programs, especially the mentor relationships, CBO will maintain its success rate. CBO targets students most in need of a mentor. As a result, 90% of scholars are the first in their families to go to college.
  3. What are the organization's capabilities for doing this?
    At current staffing levels, CBO is able to take on a class of 30 to 35 students annually. This also means that volunteers need to be recruited each year to match with the incoming class size.
  4. How will they know if they are making progress?
    CBO has established short term and long term goals to measure progress. Short term goals include:
    - 100% high school graduation
    - 100% acceptance into college
    - Maintaining 95% college graduation rate

    Long term goals include:
    - At least 225 students participated in CBO program by 2016
    - Keep average college student debt at least 25% below the national average
    - 85% of college graduates are employed or enrolled in a graduate program within one year of graduation
  5. What have and haven't they accomplished so far?
    As of 2015, CBO has helped 50 scholars earn a college degree with another 180 scholars in the program. CBO scholars are also graduating with half the student debt than the national average of $29,400. Every college graduate from the CBO program is either employed or pursuing graduate degrees.
Service Areas

Self-reported

Illinois

CBO serves students at the following high schools:
- Deerfield High School
- Highland Park High School
- Lake Forest High School
- Cristo Rey St. Martin in Waukegan

Social Media

Funding Needs

In order to put each scholar through the full six years of the program, CBO must invest $25,000 to fully fund the programs. Of this total amount, CBO provides up to $16,000 for college costs, including tuition, books, and housing. CBO also provides laptops for each student to take to college at a cost of $1,400 per student. Once CBO students are accepted into the program, they are signed up for ACT Prep classes at a cost of $500 per student.

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External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

COLLEGE BOUND OPPORTUNITIES
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

College Bound Opportunities

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Executive Director

Susan Bell

BIO

Susan Bell joined the organization in February 2009. She has more than 13 years of leadership experience in community and nonprofit organizations including eleven years as a volunteer in Deerfield High School's College and Career Resource Center (CCRC) where she conducted scholarship and college searches for students and parents, maintained the school's scholarship database, and was instrumental in implementing Naviance (K-12 student success planning program) in the CCRC. Susan earned a BA in Psychology from the University of Rochester and was a Doctoral candidate in Psychometrics at the University of Chicago's School of Social Science. Susan works directly with the scholars and their families by helping with their FAFSA applications, college applications, and their aid packages in addition to overseeing all of the programs.

Governance

BOARD CHAIR

Ken Rubin

Bonded Collection Corporation

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
Race & Ethnicity
This organization reports that it does not collect this information for Volunteers.
Sexual Orientation

This organization reports that it does not collect this information.

Disability

This organization reports that it does not collect this information.

Diversity Strategies
No
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
No
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
No
We have a diversity plan
No
We use other methods to support diversity