College Dreams Inc
College Dreams promotes resiliency and college/career readiness for over 1,400 low income, first generation college-bound, and underrepresented students of color. It serves 22 secondary schools in southern Oregon through matched college savings accounts, career exploration and post-secondary planning and dropout prevention programs. Key activities: academic motivational enhancement; mentoring; skill-building and tutoring; college/career awareness; community service; competitive scholarships; barrier removal support; rigorous course/dual credit planning; access to youth camp, career development activities, pre-college programs, and campus visits; academic monitoring, excellence incentives and supporttive interventions; 3-to-1 matched college savings; and soft-skills development through paid work experiences.
College Dreams Inc at a glance
- Total assets
- $2,784,068
- +21.1% vs 2024
- Revenue (2025)
- $4,638,100
- +2.9% vs 2024
- Net investment income (2025)
- $76,458
- +155.7% vs 2024
- Expenses (2025)
- $4,194,693
- -8.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who College Dreams Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $5K (2021) to $13K (2020). In 2021 it reported $5K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,784,068 | $4,638,100 | $4,194,693 | — | — | $76,458 |
| 2024 | $2,298,418 | $4,508,867 | $4,603,424 | — | — | $29,897 |
| 2023 | $2,501,428 | $4,204,247 | $4,403,846 | — | — | $6,302 |
| 2022 | $2,756,326 | $4,132,642 | $3,752,186 | — | — | — |
| 2021 | $2,542,440 | $3,694,638 | $2,940,185 | $5,000 | Total only | $24,973 |
| 2020 | $1,627,953 | $2,120,855 | $2,115,956 | $13,300 | 1 | $34,890 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About College Dreams Inc
Based on IRS filings
College Dreams Inc is a public charity focused on Education, based in Grants Pass, OR. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.8M in total assets. Net investment income was $76K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
College Dreams Inc is led by Carl Thomas, Executive Director since 2023 (on filings since 2020); 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Carl Thomas
Executive Director
Director → Executive Director, 2023
On filings since 2020
40 hrs/week
$49K (2023) → $103K (2025)
Steve Boyarksy
President
On filings since 2020
1 hr/week
No compensation reported
Brenda Patton
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Katie Mena
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Ralph Burrelle
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Kendell Ferguson
Director
On filings since 2024
0.2 hrs/week
No compensation reported
Linda White
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Armando Lopez
Secretary & Treasurer
Vice President → Director, 2023
Director → Secretary & Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Carol Christen
Vice President
Director → Vice President, 2023
On filings since 2021
0.2 hrs/week
No compensation reported
Former officers (4)
- Former: Holly Lidey (2020–2023) — Secretary & Treasurer
- Former: Kurt Hildebrand (2020–2023) — Executive Director
- Former: Deborah Sorenson (2020–2022) — Secretary & Treasurer
- Former: Todd Bloomquist (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $103K, to Carl Thomas (Executive Director).
Frequently asked questions about College Dreams Inc
How large is College Dreams Inc?
College Dreams Inc reported $2.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.6M.
What is College Dreams Inc?
College Dreams Inc is a public charity focused on Education, based in Grants Pass, OR. It holds $2.8M in total assets as of 2025.
Where does College Dreams Inc operate?
College Dreams Inc has awarded grants in Oregon.
What is College Dreams Inc's EIN?
College Dreams Inc's EIN (Employer Identification Number) is 26-3161884. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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