NonprofitsTrio New College Network Inc

Education

Trio New College Network Inc

BOSTON, MA

Total revenue

$4.6M

Total expenses

$5.2M

Net assets

$2.0M

Grants received

$7.2M

30 grants

EIN

853880867

Tax year

2023

Mission

The mission of trio new college network is to partner with local community leaders to launch and operate college success centers in their communities in order to better serve students who are currently not well supported by existing higher education options, and give all students access to a low-cost, high quality degree pathway.

Financials

FY 2023

Revenue

Contributions & grants$3.7M
Program service revenue$826K
Investment income$63K
Other revenue
Total revenue$4.6M

Expenses

Grants paid$150K
Salaries & benefits$3.0M
Fundraising$37K
Other expenses$2.0M
Total expenses$5.2M
Total assets$2.4M
Net assets$2.0M

People

12 listed

NameRoleCompensation

JOSEPH WESLEY PEACOCK

TREASURER/MANAGING DIRECTOR, PROGRAM & OPERATION

Board

$121K

40 hrs/wk

JOHN GABRIELI

CLERK/MANAGING DIRECTOR, GROWTH & STRATEGY

Board

$109K

40 hrs/wk

CHRISTOPHER GABRIELI

CEO/PRESIDENT/DIRECTOR

Board

5 hrs/wk

TED MITCHELL

DIRECTOR

Board

1 hrs/wk

FRED MUTSINZI

DIRECTOR (UNTIL 7/31/23)

Board

1 hrs/wk

PAYMON ROUHANIFARD

DIRECTOR

Board

1 hrs/wk

ELEANOR LAURANS

DIRECTOR

Board

1 hrs/wk

MELISSA HAMANN

EXECUTIVE DIRECTOR-DEP

Staff

$164K

40 hrs/wk

DANIELLE NORTH

EXECUTIVE DIRECTOR-DEGREE FORWARD

Staff

$162K

40 hrs/wk

FELECIA EDWARDS-SMITH

EXECUTIVE DIRECTOR-FUTURE FORWARD CT

Staff

$137K

40 hrs/wk

SAYMAH NAH

EXECUTIVE DIRECTOR-GATEWAY U

Staff

$137K

40 hrs/wk

KHARY GOLDEN

EXECUTIVE DIRECTOR-CAMDEN U

Staff

$112K

40 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$1.1M
Operating Support/Annual Fund
2023
$300K
TO PROMOTE THE WORK OF THE ORGANIZATION
2023
$245K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2023
$105K
For grant recipient's exempt purposes
2023
$50K
Future Forward CT fund
2023
$45K
GENERAL SUPPORT
2023
$25K
FOR GENERAL SUPPORT
2023
$25K
SUPPORT FOR GATEWAY U TEACHER PATHWAY
2023
$535K
GENERAL SUPPORT
2022
$500K
Operating Support/Annual Fund
2022
$450K
TO SUPPORT GATEWAY U PROGRAMMING.
2022
$425K
For grant recipient's exempt purposes
2022
$300K
COMMUNITY AND ECONOMIC DEVELOPMENT
2022
$300K
TO PROMOTE THE WORK OF THE ORGANIZATION
2022
$150K
RESTRICTED FUNDS TRANSFERRED. SPIN OFF WAS IN PRIOR YEAR
2022
$150K
General & Unrestricted
2022
$100K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$100K
Trio Connecticut Site Launch
2022
$25K
FIGHT POVERTY / EDUCATION
2022
$5K
Program Support
2022
$350K
Operating Support/Annual Fund
2021
$315K
GENERAL SUPPORT
2021
$300K
TO PROMOTE THE WORK OF THE ORGANIZATION
2021
$218K
RESTRICTED FUNDS TRANSFERRED TO MAECA AT TIME OF SPIN OFF
2021
$216K
For grant recipient's exempt purposes
2021
$216K
For grant recipient's exempt purposes
2021
$250K
TO S
2020
$200K
Operating Support/Annual Fund
2020
$150K
SPIN OFF TO SEPARATE 501(C)3
2020
$63K
For grant recipient's exempt purposes
2020

Funded by

$7.2M from 15 funders · 30 grants · 2020–2023

Boston Foundation Inc

$2.1M · 4 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$1.0M · 5 grants · 2020–2023

The Rutledge Family Foundation

$900K · 3 grants · 2021–2023

Tenacre Foundation

$895K · 3 grants · 2021–2023

Empower Schools Inc

$518K · 3 grants · 2020–2022

New Jersey Children's Foundation

$450K · 1 grant · 2022

The Herbert & Nell Singer Foundation Inc

$300K · 3 grants · 2022–2023

Details

EIN853880867
NTEE codeB80
Subsection03
Ruling date2021-04
Formed2020
Employees34
Volunteers5
TRIO NEW COLLEGE NETWORK INC — Mission, Financials & Grants Received | Grantivo