Pass with Flying Colors Inc logo

Pass with Flying Colors Inc

Public charity · Grantmaker Chicago, IL EIN: 27-1722417 Website

Pass with Flying Colors prepares chicago's underserved first-generation students for college and career success.

Pass with Flying Colors Inc at a glance

In short: Pass with Flying Colors Inc gave $16K across 3 grants in 2021 (avg $5K), mostly in Illinois. Source: 2021 IRS Form 990.

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)
Latest 990 filing
Form 990, 2021 View filing

Data from IRS Form 990, 2021; updated September 2026.

Who Pass with Flying Colors Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2021

Chicago Int'l Charter Schools - Northtown High School: $8KChicago Int'l Charter Schools- Northtown High School$8KAmerica Needs You: $4KAmerica Needs You$4KChicago Scholars Foundation: $4KChicago Scholars Foundation$4K

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

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2021 grant dollars across all 3 itemized grants.

Cities

ChicagoNew York

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2019 0 grants2020 3 grants2021

In 2021 it made 3 grants totaling $16K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chicago Int'l Charter Schools - Northtown High School Chicago, ILDisolution of Pass with Flying Colors Inc.$8,017
America Needs You New York, NYDisolution of Pass with Flying Colors Inc.$4,000
Chicago Scholars Foundation Chicago, ILDisolution of Pass with Flying Colors Inc.$4,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2021—$77,971$210,365$16,0173$44
2020$179,545$212,153$311,354——$248
2019$232,683$291,088$344,903——$1,202

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

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

Jessica Paulsen — Executive Director: $69KJessica PaulsenExecutive Director$69K

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.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 14, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
  3. IRS filings on file for fiscal years 2020–2021

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Pass with Flying Colors Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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