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Georgia · Nonprofit

College Options Foundation Inc

College Options Foundation Inc (Georgia) receives grants from 2 organizations whose IRS filings report $133,000 to it, the largest being The USAA Educational Foundation ($80,000). 1 of them have funded it in more than one year.

Revenue FY2024
$649k
Funders on record
2
Grants received
$133k
Net assets
$254k
1/2 repeat funderspeak grant-dependency 9%
01What it does

What College Options Foundation Inc does

Mission

To enrich the academic development of high school students and assist them in their preparation for higher education. Our emphasis lies with serving all families, including military families and students who participate in jrotc. To accomplish our mission we provide resources for college admissions and funding, utilize student planning guides, college exam study guides, admissions tutorials and personalized counseling, and conduct spirited academic competitions for students nationwide.

As stated on its FY2024 Form 990.

Program

  1. The foundation organizes academic contests each year for teams of high school students. All of these contests were for members of chapters of the various junior reserve officer training corps ("jrotc") programs. These contests generally consist of multiple rounds in which the students participate remotely through an internet application. In the case of the army jrotc leadership symposium and academic bowl, the air force jrotc academic bowl, and the navy jrotc academic bowl, there is also a final round in which the top teams from the on-line competition travel to a venue for a head-to-head final round to determine the champion. The foundation provides logistical support to participants and hosts these head-to-head rounds.

    $380,011 spentof which $55 as grants$636,044 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $380,011.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($496k) Expenses 100 ($424k) Net assets -3580 ($-724263)2019 Revenue 243 ($1.2M) Expenses 109 ($460k) Net assets 100 ($20k)2020 Revenue 90 ($445k) Expenses 125 ($532k) Net assets -328 ($-66446)2021 Revenue 190 ($942k) Expenses 182 ($770k) Net assets 522 ($106k)2022 Revenue 140 ($695k) Expenses 194 ($822k) Net assets -96 ($-19478)2023 Revenue 154 ($763k) Expenses 139 ($588k) Net assets 768 ($155k)2024 Revenue 131 ($649k) Expenses 130 ($550k) Net assets 1255 ($254k)
2018201920202021202220232024
Revenue (131)Expenses (130)Net assets (1255)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $61k to $212k (+249%).

$81k
$61k
$212k
$237k
$284k
$308k
$325k
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

2% of College Options Foundation Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$73k
’18
$744k
’19
−$87k
’20
$172k
’21
−$127k
’22
$175k
’23
$99k
’24
7.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Major General Wallace C Arnold

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed4444444
Joined·+1+1+0+0+0+0
No longer listed·110000
03Who funds it

Who funds it, year by year

2019 → 2021: the base broadened from 1 funder to 2 funders, grant income rose $28k → $86k.

Funder
'19
'20
'21
total
funders
1
1
2

From the IRS filings of College Options Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

College Options Foundation Inc leans on a few funders — its largest provides 60% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund College Options Foundation Inc.

60%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 94% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

College Options Foundation Inc draws 100% of its grant income from funders outside Georgia, across 2 states in all.

VA
TX

In-state vs out-of-state, by year

’19
’20
’21
Georgia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

College Options Foundation Inc runs a healthier operating margin than half of the 22,812 education nonprofits its size.

Operating margin15% · above the median
Months of reserve7.0mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Government funding College Options Foundation Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.3M on record.

Federal$11.3M
grants $0contracts $11.3M
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Defense$11.3M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like College Options Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 17%Fundraising 14%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

66%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Screen this organization

A dated, signed PDF of the compliance screen for College Options Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds College Options Foundation Inc?
College Options Foundation Inc (Georgia) receives grants from 2 organizations whose IRS filings report $133,000 to it, the largest being The USAA Educational Foundation ($80,000). 1 of them have funded it in more than one year.
How many funders does College Options Foundation Inc have?
IRS filings report 2 organizations giving $133,000 in grants to College Options Foundation Inc, 1 of which have funded it in more than one year.
Who is the largest funder of College Options Foundation Inc?
The USAA Educational Foundation is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
How can an organization like College Options Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds College Options →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing