Skip to content

Maryland · Nonprofit

First Generation College Bound Inc

First Generation College Bound Inc (Maryland) receives grants from 18 organizations whose IRS filings report $883,561 to it, the largest being EUGENE & AGNES E MEYER FOUNDATION ($451,000). 9 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
18
Grants received
$884k
Net assets
$2.0M
9/18 repeat funderspeak grant-dependency 18%
01What it does

What First Generation College Bound Inc does

Mission

FGCB exists to inspire low income and first-generation youth to achieve their social and economic success by providing advice, encouragement, and support to obtain a college degree.

As stated on its FY2025 Form 990.

Programs

  1. FGCBs signature College Access Program focuses on identifying best-fit and affordable based on each students academic profile and their familys financial profile. During the 2024-2025 academic year, college access services were provided to 247 seniors 197 juniors, and 134 sophomores. FGCB provided more than a dozen programs to help enhance college and career awareness and knowledge of financial aid.

    $1,257,683 spent$10,075 earned by the program
    92% of program spending
  2. Fifty-four students enrolled in Homework Club at the Kimberly Gardens Community. This was an increase of 12 students from the previous year and 14 students over our targeted recruitement goal. This was also our largest group of homework club students to date.

    $55,197 spent
    4% of program spending
  3. The MD Alliance for College Affordability and Equity component is a coalition of nonprofit organizations throughout Maryland that works to identify barriers and advocate for changes to address these barriers to State policymakers and agencies.

    $57,549 spent
    4% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,370,429.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($503k) Expenses 100 ($410k) Net assets 100 ($219k)2018 Revenue 172 ($865k) Expenses 207 ($847k) Net assets 108 ($237k)2019 Revenue 240 ($1.2M) Expenses 232 ($949k) Net assets 226 ($494k)2020 Revenue 225 ($1.1M) Expenses 251 ($1.0M) Net assets 320 ($700k)2021 Revenue 254 ($1.3M) Expenses 242 ($992k) Net assets 450 ($983k)2022 Revenue 260 ($1.3M) Expenses 263 ($1.1M) Net assets 555 ($1.2M)2023 Revenue 385 ($1.9M) Expenses 313 ($1.3M) Net assets 853 ($1.9M)2024 Revenue 359 ($1.8M) Expenses 377 ($1.5M) Net assets 973 ($2.1M)2025 Revenue 326 ($1.6M) Expenses 432 ($1.8M) Net assets 915 ($2.0M)
'17'18'19'20'21'22'23'24'25
Revenue (326)Expenses (432)Net assets (915)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 2022 to 2023, from $1.3M to $2.3M (+77%).

$242k
$389k
$613k
$852k
$1.2M
$1.3M
$2.3M
$2.5M
$2.3M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 51% · 2018 88% · 2019 74% · 2020 80% · 2021 64% · 2022 82% · 2023 43% · 2024 79% · 2025 84%. Grants only. Government contracts and fees sit inside program revenue.

95% of First Generation College Bound Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$93k
’17
$18k
’18
$257k
’19
$102k
’20
$283k
’21
$230k
’22
$653k
’23
$261k
’24
−$127k
’25
13
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.

Chief executive

Joseph Fisher

CEO

Board chair

Janice Breslin-Doyle

Acting Board Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131112111111121413
Joined·+2+3+2+2+2+2+3+0
No longer listed·42322111
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $90k → $125k.

5 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of First Generation College Bound 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

First Generation College Bound Inc leans on a few funders — its largest provides 51% of grant income and the top three 70%; half comes from just 1 funder.

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

51%
largest funder
70%
top three
~3
effective funders

Largest funder’s share by year: 2017 67% · 2018 52% · 2019 71% · 2020 40% · 2021 49% · 2022 83% · 2023 60% — 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.

How long its funders stay

50% of First Generation College Bound Inc's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

First Generation College Bound Inc draws 78% of its grant income from funders outside Maryland, across 4 states in all.

MA
VA
MD
DC

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

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $80k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

First Generation College Bound Inc holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve13.1mo · top quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding First Generation College Bound Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.1M on record.

State$3.1M
18
19
20
21
22
23
24
Top programs
  • Grant$3.1M

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 First Generation College Bound 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 Maryland

Nationally

05Profile & governance

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

Where the money goes

77% of spending goes to programs.

Program 77%Management 12%Fundraising 11%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

97%

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

Screen this organization

A dated, signed PDF of the compliance screen for First Generation College Bound 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 First Generation College Bound Inc?
First Generation College Bound Inc (Maryland) receives grants from 18 organizations whose IRS filings report $883,561 to it, the largest being EUGENE & AGNES E MEYER FOUNDATION ($451,000). 9 of them have funded it in more than one year.
How many funders does First Generation College Bound Inc have?
IRS filings report 18 organizations giving $883,561 in grants to First Generation College Bound Inc, 9 of which have funded it in more than one year.
Who is the largest funder of First Generation College Bound Inc?
EUGENE & AGNES E MEYER FOUNDATION is the largest funder on record, with $451,000 in grants. The full list of funders is on this page.
How can an organization like First Generation College Bound Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 First Generation College Bound →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 18 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