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Adapt

Fiscal Year 2022 Annual Report

From CEO Anchor
Siva Kumari headshot.jpg

Dear Friends,

 

While the last few years of the COVID-19 pandemic brought uncertainty and turbulence to the education sector, College Possible has remained steadfast in its mission to empower students to earn a college degree, and to reap the economic mobility that degree affords. 

 

For the more than 25,000 students we served in the 2021–2022 school year, the lingering impacts of the pandemic manifested across student learning gaps, teacher and staff shortages, student and AmeriCorps recruitment challenges, program accessibility constraints, and financial strains that made access to earning a college degree tougher than ever, particularly for first-generation students and those from disadvantaged communities. 

 

For these reasons, our commitment to our mission — and our gratitude for the support of our partners, donors and funders — has never been stronger. 

 

As we reflect on our key learnings and accomplishments from our 2022 fiscal year, we stand in admiration of our staff, AmeriCorps coaches, partners and students. While the pandemic put new demands and pressures on students, College Possible continued to adapt to help even more students prioritize college and stay on track to achieve their goals. Four themes have surfaced that exemplify our response to the evolving education landscape and rapidly-changing student needs, described in broader detail throughout this annual report:

 

  • ENHANCE: A merger cost-effectively enhanced our offer and reach 

  • LEAD: Strategic hires strengthened our agility and program fidelity

  • PARTNER: New partners and funders expanded our reach

  • RETHINK: Program adaptations responded to evolving student needs

 

I want to thank you for standing with College Possible to champion educational equity. Your support plays a vital role in closing the college degree divide that permeates communities nationwide. When all students have fair access to a college degree, everyone wins.


 

Sincerely,

siva-kumari-signature.png

Dr. Siva Kumari

Chief Executive Officer

Nearly 60% of families who have been impacted by the fallout of COVID-19 through job loss or other financial loss have been talking with children about the costs of attending college. And nearly 70% of prospective and current college students say the price of attending has altered their college plans for the 2021–22 academic year.

National Student Clearinghouse annual Student Lending Survey

College Possible coach sitting across from a student they're helping at a desk, smiling while wearing a mask and using a laptop to assist the student.

adapt

[ uh-dapt ]

verb

to adjust oneself to different conditions, environment, etc.

At the start of the 2021–2022 school year, high school and college students faced an environment of tumultuous uncertainty. While many school campuses reopened as COVID-19 vaccine availability grew, many would reclose as pandemic surges mounted. By last fall, staff and teacher shortages reached unsurpassed heights, undergraduate college enrollment had dropped by 8% nationally, and 70% of college students said concerns about college affordability had a moderate or high impact on their fall enrollment plans. 

 

Learning gaps, and thereby a student’s academic preparedness for college, continued to mount. For newly enrolled College Possible high school students as well as first and second year college students, last fall marked their first days in a classroom or campus setting in the past three years. Further, the financial toll of the pandemic continued to pressure students to prioritize after-school jobs or sibling childcare over academics. For many students, college began to feel like an unachievable dream.  

 

The reports are clear: The emotional, economic and learning loss impacts of COVID-19 have hit our nation’s most vulnerable students the hardest, putting the feasibility of a college degree — and the proven economic mobility it affords — in question. 

 

As we reflect on our fiscal year 2022 (July 1, 2021–June 30, 2022), it is the adaptability of our employees, AmeriCorps coaches, school partners, funders — and most importantly our resilient students — that speaks to our biggest lessons learned and our organization’s most compelling impact.

Stories Achor
Headshot of College Possible student, Bryan

STUDENT SPOTLIGHT

Incoming college freshman begins his dream of a career in healthcare

For Bryan, a career in healthcare is a way to improve the lives of others and make a positive impact on his community.

Headshot of College Possible student, Cuauhtemoc, smiling at camera

STUDENT SPOTLIGHT

The return to the classroom empowers Cuauhtemoc to finish strong

When Cuauhtemoc started taking dual-credit courses at Omaha’s Westside High School, his mother started to encourage him to get a college degree.

Black College Possible student, Hawa, wearing a hijab and smiling in their graduation cap and gown

STUDENT SPOTLIGHT

Hawa stays on track during a pandemic

“With all my classes and school activities being online during my first year of college, it was not an easy adjustment to make.”

College Possible student wearing hijab, smiling in front of the US Capitol building

STUDENT SPOTLIGHT

Nur, a first-generation student, nears the degree finish line

For the first 14 years of her life, Nur lived in Malaysia with her family as refugees. Their refugee status made it difficult for her to attend school.

Black student with long hair smiling and looking away from the camera as they tell a story

PARTNER SPOTLIGHT

Empowering students to succeed

Partners Sunrise Banks, NorthStar Education Finance and Wallin Education Partners help bridge the gap in post-secondary education.

Headshot of College Possible coach, wearing glasses and softly smiling

COACH SPOTLIGHT

Max empowers one student to stay on course

AmeriCorps coach Max recounts the experience of one student’s resilience during the turbulence of the pandemic.

Impact Anchor

Our impact

NATIONAL REACH
At the close of fiscal year 2022 (June 30, 2022), College Possible’s national reach included:

8

Regional sites

​National Headquarters: St. Paul, MN

  • Chicago

  • College Forward (Austin, TX)

  • Milwaukee

  • Minnesota

  • Omaha

  • Oregon

  • Philadelphia

  • Washington

85,713

Students served since 2000

1

25,047

Students served annually

1

Icon-StudentsServed.png

64%

Students of color served

2

University Icon

139

High school partners

1

76

College partners

1

1,316

Total colleges attended

3

College Possible coach laughing with a student he is assisting. They are using a laptop as they work together in the school library.
NATIONAL STUDENT OUTCOMES
At the close of fiscal year 2022 (June 30, 2022), College Possible students achieved the following college access and success results:

6,561

High school students served

1

Enrollment icon

80%

Enrolled in college immediately after high school

3

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18,486

College students served

1

Calendar icon

82%

Among enrolled students, number who persisted from first-to-second year in college

4

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1,426

Total degrees earned in fiscal year 2022

5

1

2
 

3

4

5

Nationally, fiscal year 2022.

Of the students served fiscal year 2022 who reported race/ethnicity; this represents those who identified as Black/African/African-American, Hispanic/Latinx, Asian/Pacific Islander, American Indian/Native Alaskan or Multiracial.

Nationally, fiscal year 2022; to any degree-granting institution.

Nationally, fiscal year 2022; represents fall-to-fall enrollment to any degree-granting institution.

Nationally, fiscal year 2022; includes verified BA, AA and certificates.

  • Chicago
    ADVISORY BOARD MEMBERS Bruce Cohen Board Chair Chief Executive Officer, Temerity Strategic Partners Martha Boudos Board Member Retired, Morningstar Craig Huffman Board Member Emeritus Co-Founder and CEO, Metro Edge Development Partners Mohit Kalra Board Member Senior Counsel, Builders Vision Timothy Kincaid Board Member Partner, Winston & Strawn LLP Kristin Kranias Board Member Independent Consultant Carol Levy Board Member Emeritus Levy Family Partners Chris Moree Board Member Chief of Staff, Apollo Global Management Adnan Nisar Board Member Partner, The Vistria Group Ramkumar Ramanan Board Member Partner, Ernst & Young LLP Carol Rubin Board Member Chief Operating Officer, Jenner & Block Beth Satterfield Board Member Chief Operating Officer, William Blair Susan Stone Board Member Executive Vice President and General Counsel, CNA
  • College Forward
    Richard Tagle Chair Chief Executive Officer at the Andy Roddick Foundation Doreen James Wise Co-Founder, College Forward Founder, Medical Research Consultants Carol McDonald Todd Penner Portfolio Director, Michael & Susan Dell Foundation’s College Preparation & Completion portfolio Daniel Riegel Partner, Richards, Rodriguez & Skeith Nirav Shah Chief of Staff, Commissioner Ann Howard Stephanie Verdugo Market President, First United Bank
  • Milwaukee
    ADVISORY BOARD MEMBERS Christine Holloway Chair V.P. Healthcare Sales, CDW Mayra Alaniz Member Community Volunteer JoAnne Breese-Jaeck Member President and Chief Privacy Office, The Northwestern Mutual Life Insurance Company Rick T. Dillon Member Senior Vice President and Chief Financial Officer of Uniform Services, Aramark Corporation David Gay Member Managing Partner, EY Louis Johnson Member Investigations and Special Projects, Gruber Law Offices, LLC Sangeeta Khanna Member Community Volunteer Eva Martinez Powless Member Vice President & Chief Diversity, Equity & Inclusion Officer Dr. Cheryl Moore Member Executive Director, Alverno Career Studio Dick Seesel Member Owner, Retailing In Focus, LLC Katina Shaw Member Vice President of Community Relations and Family Liaison, Milwaukee Brewers Baseball Club Josh Smith Member Research and Development Manager, A.O. Smith Corporation Lindy Yeager Member Community Volunteer
  • Minnesota
    ADVISORY BOARD MEMBERS Julio Vargas-Essex Chair Vice President of Student Success, North Hennepin Community College Dave Anderson Member Senior Vice President of Portfolio Management, Medtronic Elle Grothaus Member Global Talent Leader & Global Human Resources Business Partner - Commercial Excellence, Cargill, Inc. Douachee Lee Program & AmeriCorps Alumna Marketing Manager, Epilepsy Foundation of Minnesota Jennifer R Maschke Member Vice President, Commercial Banking Relationship Manager, U.S. Bank Dee Olateru Member Senior Manager, Financial Services Banking & Capital Markets, Ernst & Young Chris Staley Member Co-Founder and Executive Vice President, Horizontal Zer Vang Program Alumna Director of Student Recruitment - University of St. Thomas, Morrison Family College of Health
  • Omaha
    ADVISORY BOARD MEMBERS Lisa Lackovic Chair Architectural Representative, Endicott Clay Products Jack Becker, Ph.D. Executive Director and CEO, Joslyn Art Museum Jianqiang Hao, Ph.D. SVP, Enterprise Data Management, FNBO Emiliano Lerda, J.D. Co-Founder, Elevator Andrew Rikli, Ed.D. Superintendent, Papillion La Vista Community Schools Tyler Schlumpf Partner, Senior Portfolio Manager, Private Wealth Asset Management Gennean Scott Chief Diversity Officer, The Broadway League
  • Oregon
    ADVISORY BOARD MEMBERS Clark Haass Chair Managing Director, Intel Corporation Thomas Bookman Group Physician Advisory Services Practice Leader Callie Forrest Scholarship Program Manager, The Renaissance Foundation Karen Healey Senior Consultant, Slalom Anne Hoot Senior Vice President, The Standard Sona Karentz Andrews Professor of Geography and Provost Emerita, Portland State University Erin Krug President, Quinn Thomas Sarah Mathenia Associate Attorney, Black Helterline Tom Nilan Environmental Manager, Portland General Electric Agata Ramallo-Garcia Vice President Sustainability, Target Natasha Shauger VP of Sales Operations, Wyld Geneva Stegemoller Wealth Management Consultant, The Partners Group Ken Thrasher Founding Chair & Retired CEO, Fred Meyer & Compli Amy Trieu Advocacy & Partnership Associate, Children’s Institute AMBASSADOR BOARD MEMBERS Erin Cathcart Project Manager, ELSO, Inc. Mick Harris Attorney, Tonkon Torp Korina Kaio-Maddox Client Associate, Mercer Advisors Katrina Machorro Partnerships Director, Portland Workforce Alliance Donovan Miller Financial Advisor, Edward Jones Simbiat Yusuff Member Relations Manager, Forth
  • Philadelphia
    ADVISORY BOARD MEMBERS M. Anthony Barrett Chair Managing Director - Raymond James & Associates, Inc. Cassandra Bell Assistant VP, Charitable and Community Relations Manager - M&T Bank Jeff Berstein Vice Chairman, ImageFIRST Eric Bryant Global Process Steward - The Dow Chemical Company Susan Buehler Chief Communications Officer - PJM Interconnection Joseph Divis Assistant Vice President, External Affairs - AT&T Services, Inc. Joel Feldman Managing Director, Boenning & Scattergood Dr. H. Judy Lee Penn Wood High School Principal - William Penn School District Dave Schrader Public Relations Manager (East Retail Division) - NRG Energy Romit Shahani Principal (Partner), ZS Associates Sameer S. Somal Chief Financial Officer - Blue Ocean Global Technology & Blue Ocean Global Wealth Brian Walsh, Jr. Financial Advisor, Walsh & Nicholson Financial Group
  • Washington
    ADVISORY BOARD MEMBERS Norm Bontje Board Chair Austin Dahl Vijay Devatha Manmeet Dhami Lawyer Kelly Herrington Lisa Macfarlane Rick Molloy Darrell Powell Chief Finance Officer, YMCA of Greater Seattle Tim Tran Dean of STEM, Rainer Prep Ronnie Yates Group Engineering Manager, Microsoft Dave Zimmer Vice President, Amazon
Leadership and National Board of Directors

Dr. Siva Kumari

Chief Executive Officer

BOARD OF DIRECTORS

Joanna Burleson

Chair

Managing Director, Monitor Institute by Deloitte

 

Daniel Lugo, JD

Treasurer

President, Queens University of Charlotte

 

Norm Bontje

Member

Seattle Philanthropist

 

Dr. Donnell Butler

Member

Founder and President, Opportunity College

 

Al Fan

Ex Officio Director

 

Marlene Ibsen

Member

Vice President, Community Relations, Travelers and President & CEO, Travelers Foundation

 

Dr. Doreen James Wise

Member

Nurse Entrepreneur and Co-Founder of College Forward

 

Dr. Fayneese Miller

Member

President, Hamline University

 

Andrea Mokros

Member

Chief Public Affairs Officer, M Health Fairview

 

Joelle A. Murchison

Member

Principal and Founder, ExecMommyGroup LLC

 

Dr. Jenny Rickard

Member

President & CEO, Common App

 

Dr. Suzanne M. Rivera

Member

President, Macalester College

Financials Supporters Anchor
Donors
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Financials

Twelve months ended

June 30, 2022

Donation icon

Donor and Partner List

Twelve months ended

June 30, 2022

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