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Filing year 2023

First Generation College Bound Inc

Laurel, Maryland·EIN 52-1720876·NTEE B99Z · Education·501(c)(3)
Total revenue
$1.8M
Total assets
$2.5M
Total expenses
$1.5M
Reported officers
14
Mission

FGCB exists to inspire low income and first-generation youth to achieve their social and economic success by providing advice, encouragement, and support to obtain a college degree.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Maryland.

CEO
Median to 75th percentile
$104k
$114k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at First Generation College Bound Inc equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 24%
from 2022

From $83k in 2022 to $104k in 2023.

$83k
2022
$104k
2023
In today's dollarsEst.
Up 21% in real terms$94k to $114k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 24% from 2022 to 2023, while revenue fell 7%.

$83k in 2022 to $104k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about First Generation College Bound Inc

What does the Chief Executive Officer of First Generation College Bound Inc earn?

In 2023, the Chief Executive Officer of First Generation College Bound Inc received $103,600 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at First Generation College Bound Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Chief Executive Officer at First Generation College Bound Inc falls between the median and the 75th percentile. In 2023, the highest total compensation at First Generation College Bound Inc equaled 7% of the organization's total expenses. The median for education organizations is 7%.

What are First Generation College Bound Inc's revenue and expenses?

In 2023, First Generation College Bound Inc reported $1.8M in total revenue and $1.5M in total expenses on its IRS Form 990.

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