Pass with Flying Colors prepares chicago's underserved first-generation students for college and career success.
Key facts about Pass with Flying Colors Inc
In short: Pass with Flying Colors Inc gave $16K across 3 grants in 2021 (avg $5K), mostly in Illinois. Source: 2021 IRS Form 990.
- EIN
- 27-1722417
- Latest 990 filing
- Form 990, 2021
- Annual giving (2021)
- $16,017
- Grants made (2021)
- 3
- Average grant
- $5,339
- Median grant
- $4,000
- Primary geography
- Illinois (75% of itemized 2021 grant dollars)
Data from IRS Form 990, 2021; updated September 2026.
Financial Overview
From 2021 IRS Form 990 · View filing
Total Assets
—
Annual Giving
$16K
Grant Count
3
Avg Grant Size
$5K
About Pass with Flying Colors Inc
Based on IRS filings
Pass with Flying Colors Inc is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2019 through 2021. In 2021, it awarded 3 grants totaling $16K. Net investment income was $44.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 3 grants totaling $16K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2021
The largest 2021 recipient was Chicago Int'l Charter Schools - Northtown High School ($8K). Together the top 3 received $16K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chicago Int'l Charter Schools - Northtown High School Chicago, IL | Disolution of Pass with Flying Colors Inc. | $8,017 |
| America Needs You New York, NY | Disolution of Pass with Flying Colors Inc. | $4,000 |
| Chicago Scholars Foundation Chicago, IL | Disolution of Pass with Flying Colors Inc. | $4,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 | 2019 |
|---|---|---|---|
| Total Assets | — | $179,545 | $232,683 |
| Revenue | $77,971 | $212,153 | $291,088 |
| Expenses | $210,365 | $311,354 | $344,903 |
| Net Investment Income | $44 | $248 | $1,202 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 14, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- IRS filings on file for fiscal years 2020–2021
Leadership & Key People
Officers and directors from IRS filings
Pass with Flying Colors Inc is led by Jessica Paulsen, Executive Director on every filing since 2019; 1 of 10 officers listed in 2021 is compensated.
Officers on the 2021 filing
Jessica Paulsen
Executive Director
On filings since 2019
25 hrs/week
$86K (2019) → $69K (2021)
Kenny Goldman
President
On filings since 2019
2 hrs/week
No compensation reported
Ann Marie Colehour
Director
On filings since 2019
1 hr/week
No compensation reported
David Leeney
Secretary & Director
On filings since 2019
1 hr/week
No compensation reported
George Alonistiotis
Director
On filings since 2019
1 hr/week
No compensation reported
Jennifer Burrowes
Director
On filings since 2019
1 hr/week
No compensation reported
Linda Turner
Director
On filings since 2019
1 hr/week
No compensation reported
Michael Oettinger
Treasurer & Director
On filings since 2019
4 hrs/week
No compensation reported
Tony Eheli
Director
On filings since 2019
1 hr/week
No compensation reported
Freddy Flores
Director
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Jodi Chase Heilizer MD (2019) — Director
- Former: Paula Goldman (2019) — Director
Data from IRS Form 990 filings, 2019–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $69K, to Jessica Paulsen (Executive Director).
Frequently asked questions about Pass with Flying Colors Inc
How much does Pass with Flying Colors Inc give each year?
Pass with Flying Colors Inc gave $16K across 3 grants in 2021, according to its 2021 IRS Form 990.
What is Pass with Flying Colors Inc's typical grant size?
Pass with Flying Colors Inc's median grant in 2021 was $4,000, and its average grant was $5,339, across 3 grants on its 2021 IRS Form 990.
Where does Pass with Flying Colors Inc give grants?
Pass with Flying Colors Inc gives mostly in Illinois: 75% of the grant dollars itemized on its 2021 IRS Form 990 went to recipients there. The next largest state was New York (25%). The most frequent recipient cities were Chicago, IL (2 grants).
Does Pass with Flying Colors Inc give general operating support?
Not in 2021: none of the 3 grants with a stated purpose on Pass with Flying Colors Inc's 2021 IRS Form 990 were described as general or operating support. Recurring purposes include "Disolution of Pass with Flying Colors Inc." (3 grants).
What is Pass with Flying Colors Inc?
Pass with Flying Colors Inc is a public charity focused on Education, based in Chicago, IL.
What is Pass with Flying Colors Inc's EIN?
Pass with Flying Colors Inc's EIN (Employer Identification Number) is 27-1722417. IRS Form 990 filing data is available on this page for 2019–2021.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Pass with Flying Colors Inc by hand.
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