Illinois · Nonprofit
ONE MILLION DEGREES
ONE MILLION DEGREES (Illinois) receives grants from 105 organizations whose IRS filings report $37,634,979 to it, the largest being Silicon Valley Community Foundation ($7,000,000). 61 of them have funded it in more than one year.
- Revenue FY2025
- $8.4M
- Funders on record
- 105
- Grants received
- $38M
- Net assets
- $23M
What One Million Degrees does
Mission
To accelerate community college students' progress on career pathways to economic mobility
As stated on its FY2025 Form 990.
Programs
Individualized support - omd program staff regularly communicate with caseloads of scholars, becoming trusted advisors and advocates. Staff members encourage scholars to hold themselves accountable as they progress toward their goals by using motivational interviewing and regular performance evaluations that give scholars the opportunity to reflect on their progress and their challenges. Program staff also manage new student recruitment and onboarding, data collection and analysis, program volunteers, and the continuous improvement of omd programming and curriculum.
$5,504,808 spent88% of program spendingTuition and stipends - omd provided last-dollar scholarships (funding to cover any gaps between a scholar's financial aid award and tuition costs) and educational stipends. These stipends defray scholars' educational expenses such as books, technology, transportation, and childcare. Omd also offers enrichment grants to scholars who apply. These grants, typically up to $250, help defray one-time costs that support scholars' academic pursuits and/or chosen career fields.
$704,625 spentof which $704,625 as grants11% of program spendingStudent development - in addition to these financial supports, omd scholar development model includes a robust set of academic, personal, and professional supports. In the school year, omd provided weekly individualized tutoring to scholars at all college course levels. Omd hosts monthly personal and professional development workshops in which scholars learn business communication skills, personal financial literacy and planning, civic engagement and leadership development. They are also matched with one of omd's volunteer coaches who work with them on professional goal setting, resume development, interview skills, and post-graduate career planning. Scholars also had the opportunity to participate in experiential events to apply the skills they are learning. These events include omd's career and resource fair, where scholars have the opportunity to learn about job opportunities and resources available in their community and colleges; and speed networking - a networking event where scholars practice their elevator pitches with volunteers.
$54,249 spent$492,878 earned by the program1% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,263,682.
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.
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 $7.3M to $26M (+255%).
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.
Government-grant reliance: 2018 6% · 2019 10% · 2020 10% · 2021 23% · 2022 18% · 2023 4% · 2024 5% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.
85% of ONE MILLION DEGREES’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 26 funders to 33 funders, grant income rose $1.2M → $7.2M.
16 of 105 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 ONE MILLION DEGREES’s funders (the co-funder graph). Top 30 of 105 funders by total. 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
ONE MILLION DEGREES has a broad base — no single funder exceeds 19% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
58% 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 ONE MILLION DEGREES.
Largest funder’s share by year: 2017 45% · 2018 24% · 2019 27% · 2020 13% · 2021 20% · 2022 54% · 2023 41% — 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
43% of ONE MILLION DEGREES's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
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
ONE MILLION DEGREES draws 55% of its grant income from funders outside Illinois, across 17 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 11 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.
Against its field
ONE MILLION DEGREES holds deeper cash reserves than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like ONE MILLION DEGREES
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
62% of spending goes to programs.
Governance
Public support
60%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ONE MILLION DEGREES: 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.
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 ONE MILLION DEGREES?
- ONE MILLION DEGREES (Illinois) receives grants from 105 organizations whose IRS filings report $37,634,979 to it, the largest being Silicon Valley Community Foundation ($7,000,000). 61 of them have funded it in more than one year.
- How many funders does ONE MILLION DEGREES have?
- IRS filings report 105 organizations giving $37,634,979 in grants to ONE MILLION DEGREES, 61 of which have funded it in more than one year.
- Who is the largest funder of ONE MILLION DEGREES?
- Silicon Valley Community Foundation is the largest funder on record, with $7,000,000 in grants. The full list of funders is on this page.
- How can an organization like ONE MILLION DEGREES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 One Million Degrees →
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 105 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 22, 2026. What this page cannot tell you · view filing