Formerly Incarcerated College Graduates Network
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO PROMOTE THE EDUCATION AND EMPOWERMENT OF FORMERLY INCARCERATED PEOPLE THROUGH A COLLECTIVE COMMUNITY.
- Income
- $945,900
- Spending
- $1.2 million
- Spent on programs
- 64%
- Reserves
- 2.7 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 8
- Volunteers
- 7
- Highest pay
- $146,003, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 53 out of 100. Higher than 22% of charities in its peer group (community improvement, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.7 months of spending.
Debt
20 of 20It owes 11% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Income trend
15 of 15Income rose 16% on the year before.
Spending floor
8 of 1564% of spending went to programs and raising each dollar of donations cost 23 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 65% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $308,614 spent. PLACE: THE PATHWAYS TO LEADERSHIP ADVANCEMENT AND CAREER EXCELLENCE (PLACE) PROGRAM FOCUSES ON THE UNIQUE NEEDS OF STUDENTS AND PROFESSIONAL MEMBERS IN REENTRY PURSUING ADVANCEMENT IN THEIR CAREERS THROUGH LEADERSHIP DEVELOPMENT AND SKILL ATTAINMENT. OUR GOAL IS TO PROVIDE RESOURCES, MENTORSHIP, AND NETWORKING OPPORTUNITIES THAT WILL HELP THESE INDIVIDUALS BUILD SUCCESSFUL AND FULFILLING CAREERS. PLACE FOCUSES ON FOUR KEY PROJECT ACTIVITY AREAS FOR FICGN MEMBERS - EDUCATION AND TRAINING, EMPLOYMENT AND RECRUITMENT, LEADERSHIP DEVELOPMENT, AND COMMUNITY AND CIVIC ENGAGEMENT.
- $202,669 spent. CAPSS: THE CENTER FOR ACADEMIC PERSISTENCE AND STUDENT SUCCESS (CAPSS) IS FICGN'S MAINSTAY FOR DOING WORK IN HIGHER EDUCATION IN PRISON AND REENTRY. PROGRAMS WITHIN THE CENTER AIM TO ENRICH THE LEARNING AND TEACHING EXPERIENCE BY EMPOWERING STUDENTS AND EDUCATORS WITH ACCESS TO EDUCATIONAL AND FINANCIAL RESOURCES THAT SUPPORT THE TEACHING AND LEARNING JOURNEY THROUGH DEGREE ATTAINMENT.
- $86,203 spent. FIND: FIND (FORMERLY INCARCERATED NETWORK DEVELOPMENT) BRINGS TOGETHER INDIVIDUALS WITH LIVED EXPERIENCE TO CONNECT, SUPPORT, AND CELEBRATE EACH OTHER. EVENTS CAN BE INFORMAL MEETUPS OR LARGER, MORE ORGANIZED GATHERINGS. THESE EVENTS ARE TO FOSTER A SENSE OF BELONGING AND WITHIN A LOCAL COMMUNITY AND TO HELP LAY THE GROUNDWORK FOR ROBUST AND ACTIVE LOCAL FICGN NETWORKS.
- $139,417 spent. GENERAL PROGRAMS: OTHER GENERAL SUPPORTING ACTIVITIES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.