Illinois · Nonprofit
PASS WITH FLYING COLORS INC
PASS WITH FLYING COLORS INC (Illinois) receives grants from 15 organizations whose IRS filings report $138,855 to it, the largest being ACKERMAN FOUNDATION INC ($60,000). 6 of them have funded it in more than one year.
- Revenue FY2021
- $78k
- Funders on record
- 15
- Grants received
- $139k
- Net assets
- $0
What Pass With Flying Colors Inc does
Mission
Pass with flying colors prepares chicago's underserved first-generation students for college and career success.
As stated on its FY2021 Form 990.
Program
Pass with flying colors, inc. (organization) is a nonprofit organization founded in illinois in 2010 to prepare chicago's under-served high school students to be successful in college.pass with flying colors served 113 students through an 8-year college success and persistence program. 85% of the organization's scholars identify as low-income and 100% will be the first in their family to attend college. Beginning in 9th grade, the organization selects a cohort of up to 25 committed students through a selective and competitive interview process. Beginning immediately, these cohorts of scholars participate in academic enrichment, leadership development and college readiness programs that develop the social, academic and non-cognitive skills critical to college and career success. The organization's scholars continue to receive individualized support and mentoring during their college years so their college degree becomes a reality. 100% of scholars who have reached high school graduation have matriculated into college to pursue a degree and 95% are on track to graduate. Earning a 4-year college degree will provide greater access to opportunities for economic stability and choices in…
The first program described on its most recent Form 990, which lists programs largest first by expense.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $180k to $0 (−100%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 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.
Who funds it, year by year
2017 → 2021: the base narrowed from 4 funders to 2 funders, grant income fell $24k → $10k.
2 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 PASS WITH FLYING COLORS 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
PASS WITH FLYING COLORS INC leans on a few funders — its largest provides 43% of grant income and the top three 77%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 83% · 2018 60% · 2019 35% · 2020 39% · 2021 100% — growing more concentrated.
“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
25% of PASS WITH FLYING COLORS INC's funders are still giving 3 years after their first grant; 40% 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 FY2021, 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
PASS WITH FLYING COLORS INC draws 77% of its grant income from funders outside Illinois, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $21k arriving through sponsors registered in 2 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.
Organizations like PASS WITH FLYING COLORS 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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
47%
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 PASS WITH FLYING COLORS 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.
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 PASS WITH FLYING COLORS INC?
- PASS WITH FLYING COLORS INC (Illinois) receives grants from 15 organizations whose IRS filings report $138,855 to it, the largest being ACKERMAN FOUNDATION INC ($60,000). 6 of them have funded it in more than one year.
- How many funders does PASS WITH FLYING COLORS INC have?
- IRS filings report 15 organizations giving $138,855 in grants to PASS WITH FLYING COLORS INC, 6 of which have funded it in more than one year.
- Who is the largest funder of PASS WITH FLYING COLORS INC?
- ACKERMAN FOUNDATION INC is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
- How can an organization like PASS WITH FLYING COLORS INC 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2017–2021), and the filings of 15 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