2026-05-08T08:29:20-05:00 2025-06-30 392519050 ELLIOTT DAVIS ADVISORY LLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2024-07-01 461192687 NATIONAL COLLEGE ADVISING CORPS INC NATI 9194426300 5540 CENTERVIEW DR PMB 41997 204 RALEIGH NC 27606 EKATERINA STRUETT CEO 9194426300 2026-05-06 1 0 JANICE A RATICA P00358837 7043338881 2026-05-06 2024 2025-03-06 01:10:19Z EKATERINA STRUETT 5540 CENTERVIEW DR PMB 41997 204 RALEIGH NC 27606 12029048 0 X WWW.ADVISINGCORPS.ORG X 2013 NC OUR MISSION IS TO INCREASE OPPORTUNITY FOR STUDENTS BY MAKING POSTSECONDARY EDUCATION MORE ACCESSIBLE. WE ENVISION A FUTURE WHERE A STUDENT'S BACKGROUND DOES NOT DETERMINE THEIR DESTINY. MOST STUDENTS WE SERVE COME FROM LOW-INCOME FAMILIES OR WOULD BE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE.CAC'S MISSION ENCOMPASSES BOTH STUDENT SUCCESS AND NATIONAL SERVICE. THE ORGANIZATION RECRUITS RECENT COLLEGE GRADUATESKNOWN AS "NEAR-PEER" ADVISORSFOR TWO YEARS OF FULL-TIME, IN-SCHOOL SERVICE. BECAUSE THEIR BACKGROUNDS OFTEN MIRROR THOSE OF THE STUDENTS THEY SERVE, THESE ADVISERS ARE HIGHLY EFFECTIVE MENTORS AND ROLE MODELS. IN 20242025, MORE THAN 60% OF CAC ADVISERS HAD RECEIVED PELL GRANTS IN COLLEGE, OVER HALF WERE FIRST-GENERATION COLLEGE GRADUATES, AND ABOUT ONE-THIRD GREW UP NEAR THEIR ASSIGNED HIGH SCHOOL. AS A RESULT, OUR ADVISING MODEL SIMULTANEOUSLY EXPANDS EDUCATIONAL OPPORTUNITY FOR HIGH SCHOOL STUDENTS AND FOSTERS LEADERSHIP DEVELOPMENT, PROFESSIONAL GROWTH, AND CIVIC ENG 7 7 62 27 0 0 23809919 11617151 788562 59999 420706 351898 0 0 25019187 12029048 12903842 11784529 0 0 4832473 3607467 0 0 304647 4690402 2211388 22426717 17603384 2592470 -5574336 17694062 12435690 2811951 3127915 14882111 9307775 X COLLEGE ADVISING CORPS (CAC) IS THE NATION'S LARGEST NONPROFIT SERVICE ORGANIZATION DEDICATED TO ADVANCING EDUCATIONAL EQUITY AND EXPANDING OPPORTUNITY FOR ALL HIGH SCHOOL STUDENTS. CAC PROVIDES COLLEGE ENROLLMENT AND CAREER GUIDANCE TO STUDENTS ATTENDING SCHOOLS WITH LIMITED ADVISING RESOURCES. OUR ADVISERS HELP STUDENTS DEFINE THEIR CAREER GOALS AND EQUIP THEM WITH THE INFORMATION, TOOLS, AND SKILLS NEEDED TO PURSUE EDUCATION BEYOND HIGH SCHOOL. 0 0 15798746 11784529 59999 FOUNDED IN 2005 WITH 14 ADVISERS SERVING 2,500 STUDENTS IN VIRGINIA, CAC HAS SINCE GROWN INTO A NATIONAL ORGANIZATION. TO DATE, WE ESTIMATE THAT MORE THAN ONE MILLION STUDENTS AT SCHOOLS SERVED BY A CAC ADVISER HAVE ENROLLED IN A TWO OR FOUR YEAR COLLEGE. EARLY INVESTMENT IN VIRTUAL ADVISING (2015), HYBRID ADVISING (2019), AND CHATBOT-POWERED ADVISING (2020) STRENGTHENED OUR ABILITY TO DELIVER FLEXIBLE, INTEGRATED ADVISING MODELS THAT MEET THE DIVERSE NEEDS OF STUDENTS AND SCHOOLS.CAC'S APPROACH DIFFERS FROM THAT OF OTHER LARGE COLLEGE ACCESS ORGANIZATIONS. RATHER THAN FOCUSING SOLELY ON SMALL COHORTS OF TOP-PERFORMING, COLLEGE-BOUND STUDENTS, CAC PROVIDES COMPREHENSIVE, WHOLE-SCHOOL ADVISING FOR EVERY SENIOR AND THEIR FAMILIES. OUR "BEST MATCH/BEST FIT" MODEL HELPS STUDENTS EXPLORE A RANGE OF PATHWAYS INCLUDING BOTH COLLEGE AND DIRECT-TO-CAREER OPTIONS AND, FOR THOSE PURSUING HIGHER EDUCATION, IDENTIFY INSTITUTIONS THAT REPRESENT STRONG ACADEMIC, FINANCIAL, SOCIAL, AND CULTURAL FITS.APPROXIMATELY 90% OF SENIORS SERVED BY CAC GRADUATE FROM HIGH SCHOOL ON TIME, AND MORE THAN HALF ENROLL IN COLLEGE IN THE FALL IMMEDIATELY AFTER GRADUATION. ENROLLMENT IS EVENLY DIVIDED BETWEEN TWO AND FOUR YEAR INSTITUTIONS. WITHIN FIVE YEARS OF GRADUATION, AN ADDITIONAL 78% OF CAC-SERVED STUDENTS PURSUE COLLEGE ENROLLMENT, MOST AT TWO YEAR INSTITUTIONS.DURING THE 2024-2025 ACADEMIC YEAR, CAC PARTNERED WITH 30 PROGRAM PARTNERS IN 14 STATES TO RECRUIT, TRAIN, AND PLACE 768 ADVISERS IN 732 HIGH SCHOOLS. COLLECTIVELY, CAC ADVISERS SUPPORTED APPROXIMATELY 250,000 STUDENTS IN GRADES 9-12, PRIMARILY SENIORS (210,000+). ADVISERS HELD OVER 500,000 INDIVIDUALIZED (ONE-ON-ONE) MEETINGS WITH SENIORS ALONE, AND THEIR PRESENCE AND ACTIVITIES IN SCHOOLS FOSTER A COLLEGE-GOING CULTURE THAT REACHES AN ESTIMATED 800,000 STUDENTS EACH YEAR.AMONG STUDENTS SERVED, ROUGHLY TWO-THIRDS QUALIFY FOR FREE OR REDUCED-PRICE LUNCH, MORE THAN 40% ARE HISPANIC. ABOUT 40% OF CAC-SERVED SCHOOLS ARE IN URBAN AREAS, ANOTHER 40% ARE IN SUBURBS, AND THE REMAINDER ARE IN RURAL COMMUNITIES. 15798746 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 62 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC AL CA CT GA IL KS MS MI NY NC PA RI SC TN UT VA WA X ROBERTA SORENSEN 9194426300 5540 CENTERVIEW DR PMB 41997 204 RALEIGH NC 27606 STEVEN DENNING MEMBER 0.50 X 0 0 0 ANDRE DUA MEMBER 2.00 X 0 0 0 MARC NOE MEMBER 0.50 X 0 0 0 ANNELIESE OLSON MEMBER 0.50 X 0 0 0 ELLEN WEISS MEMBER 0.50 X 0 0 0 SUSAN GEORGE MEMBER 0.50 X 0 0 0 PETER GRAUER CHAIR 2.00 X X 0 0 0 EKATERINA STRUETT CHIEF EXECUTIVE OFFICER 40.00 X 249727 0 19794 JEFFERSON PARKER CHIEF FINANCIAL OFFICER 40.00 X 173296 0 18455 TOBI KINSELL CHIEF IMPACT OFFICER 40.00 X 186339 0 12247 CARY CLAIBORNE CHIEF PROGRAM OFFICER 40.00 X 172887 0 13672 ROBERTA SORENSEN CONTROLLER 40.00 X 154277 0 15649 ARIEL NORRIS REGIONAL DIRECTOR 40.00 X 136961 0 19721 MICHAEL COBB SENIOR DIRECTOR - IMPACT & 40.00 X 119565 0 3582 JENNIFER DEGUZMAN SENIOR DIRECTOR - PARTNERS 40.00 X 126522 0 12492 MIDORI NOZAKI CHIEF OF STAFF 40.00 X 114284 0 8505 1433858 0 124117 12 0 1 0 SPRINGLOADED INC 248 RANCH CLOSE STRATHMORE AB CA SOFTWARE CONSULTANT 614884 ADMITHUB 38 CHAUNCY ST 11TH FLOOR BOSTON MA 02111 SOFTWARE CONSULTANT 158398 BASIS POLICY RESEARCH 104R NC HWY 54 WEST 304 CARRBORO NC 27510 RESEARCH/DATA ANALYSIS 150000 EASE 1839 WALNUT DR MOUNTAIN VIEW CA 94040 RESEARCH/DATA ANALYSIS 132378 AVENIR ADVISORS 1603 CAPITOL AVENUE SUITE 413 C154 CHEYENNE WY 82001 CONSULTING 112489 5 4979126 6638025 11617151 CONTRACT INCOME 611710 52808 52808 PROGRAM REVENUE 611710 7191 7191 59999 351898 351898 12029048 59999 0 351898 11638229 11638229 146300 146300 700662 519771 132574 48317 2337319 1733890 442249 161180 92828 68863 17564 6401 254171 188552 48092 17527 222487 165047 42097 15343 45265 36616 8649 483828 186220 272766 24842 69805 55526 12692 1587 27114 24184 2475 455 697748 568167 123905 5676 2859 450 2409 216765 77968 134974 3823 361430 130002 225053 6375 22088 17601 4487 89744 89744 38961 30992 7084 885 MEMBERSHIPS AND SUBSCRI 92278 68882 12777 10619 COMMUNICATIONS 53198 41493 10088 1617 STAFF DEVELOPMENT 10305 10249 56 17603384 15798746 1499991 304647 5166802 4076372 3564487 2356475 3976372 1490767 5998 27435 67466 49155 1703592 778118 403575 925474 4499550 3500200 9812 9812 17694062 12435690 304385 182910 1679918 2827712 600000 227648 117293 2811951 3127915 X 3758155 3521421 11123956 5786354 14882111 9307775 17694062 12435690 -5574336 0 X 0 1 X 0 1 1 X 21642254 29288450 21193149 23809919 10217151 106150923 21642254 29288450 21193149 23809919 10217151 106150923 16482904 89668019 242 307 30926 419239 351898 802612 31820 31820 106985355 2654030 0.83810 0.60760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17603384 17603384 1000000 250000 0 0 1000000 930154 1000000 1000000 3930154 5895231 250000 232539 250000 250000 982539 1473809 76341 76341 0 1627251 701777 925474 925474 X 12029048 0 12029048 0 12029048 17603384 0 17603384 0 17603384 PART X, LINE 2: US GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. US GAAP ALSO PROVIDES GUIDANCE ON DERECOGNITION OF TAX BENEFITS, CLASSIFICATION ON THE STATEMENT OF FINANCIAL POSITION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED JUNE 30, 2025 OR 2024. 1 APPALACHIAN STATE UNIVERSITY JOHN E THOMAS HALL 287 RIVERS ST BOONE NC 28608 561176030 115(1) 708783 0 COLLEGE ADVISING PROGRAM OPERATIONS BOSTON UNIVERSITY ONE SILBER WAY BOSTON MA 02215 042103547 501(C)(3) 65323 0 COLLEGE ADVISING PROGRAM OPERATIONS DUKE UNIVERSITY 220 ALLEN BUILDING DURHAM NC 27708 560532129 501(C)(3) 322402 0 COLLEGE ADVISING PROGRAM OPERATIONS FRANKLIN & MARSHALL COLLEGE 415 HARRISBURG AVE LANCASTER PA 17603 231352635 501(C)(3) 636747 0 COLLEGE ADVISING PROGRAM OPERATIONS FURMAN UNIVERSITY 3300 POINSETT HIGHWAY GREENVILLE SC 29613 570314395 501(C)(3) 6390 0 COLLEGE ADVISING PROGRAM OPERATIONS GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION 33 GILMER STREET SE ATLANTA GA 30303 586002050 501(C)(3) 1094648 0 COLLEGE ADVISING PROGRAM OPERATIONS MICHIGAN STATE UNIVERSITY (MSU) 200 TOWBRIDGE RD LANSING MI 48824 386005984 115(1) 116718 0 COLLEGE ADVISING PROGRAM OPERATIONS NORTH CAROLINA STATE UNIVERSITY (NC STATE) 203 PEELE HALL RALEIGH NC 27695 566000756 115(1) 337932 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS A & M UNIVERSITY - SAN ANTONIO 1 UNIVERSITY WAY SAN ANTONIO TX 78224 260859198 115(1) 48725 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS A & M UNIVERSITY (TA&M) 120 SPENCE COLLEGE STATION TX 77843 741238434 115(1) 1263615 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS CHRISTIAN UNIVERSITY 2800 S UNIVERSITY DRIVE FORT WORTH TX 76129 750827465 501(C)(3) 357369 0 COLLEGE ADVISING PROGRAM OPERATIONS TRINITY UNIVERSITY STORCH MEMORIAL BUILDING 202 ONE TRINITY PLACE SAN ANTONIO TX 78212 741109633 501(C)(3) 149711 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CA SANTA BARBARA SAASB BUILDING ROOM 1212 SANTA BARBARA CA 93106 956006145 115(1) 204800 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CALIFORNIA BERKELEY 2195 HEARST AVE RM 130 MC 1103 BERKELEY CA 94720 946002123 115(1) 391329 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CALIFORNIA LOS ANGELES 10920 WILSHIRE BOULEVARD SUITE 600 LOS ANGELES CA 90024 956006143 115(1) 300071 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CONNECTICUT 352 MANSFIELD RD STORRS CT 06269 060772160 115(1) 19279 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF GEORGIA RESEARCH FOUNDATION 310 EAST CAMPUS RD TUCKER HALL ROOM 409 ATHENS GA 30602 581353149 115(1) 1329065 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF MICHIGAN 500 S STATE ST ANN ARBOR MI 48109 386006309 115(1) 663945 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF MISSOURI PO BOX 807012 KANSAS CITY MO 64180 436003859 115(1) 81208 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL JACKSON HALL CB2200 CHAPEL HILL NC 27599 566001393 115(1) 1327281 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH CAROLINA AT WILMINGTON 601 COLLEGE RD WILMINGTON NC 24803 561258660 115(1) 547443 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH TEXAS AT DALLAS 7300 UNIVERSITY HILLS BLVD DALLAS TX 75241 453072303 115(1) 13393 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK LOS ANGELES CA 90089 951642394 501(C)(3) 427856 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS AT EL PASO 500 W UNIVERSITY AVE EL PASO TX 79968 746000813 115(1) 11507 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS RIO GRANDE VALLEY 1201 W UNIVERSITY DR EDINBURG TX 78539 465292740 115(1) 79534 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS-AUSTIN 550 EAST HUNTLAND DRIVE SUITE 270 AUSTIN TX 78752 746000203 115(1) 327246 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF VIRGINIA PO BOX 400218 CHARLOTTESVILLE VA 22904 CHARLOTTESVILLE VA 22904 546001796 115(1) 137743 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF WASHINGTON BOX 354966 SEATTLE WA 98195 916001537 115(1) 22362 0 COLLEGE ADVISING PROGRAM OPERATIONS KANSAS STATE UNIVERSITY 919 MID CAMPUS DR N MANHATTAN KS 66506 480771751 115(1) 537260 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF UTAH 201 PRESIDENTS CIRCLE SALT LAKE CITY UT 84112 876000525 115(1) 56024 0 COLLEGE ADVISING PROGRAM OPERATIONS 32 0 EDUCATION AWARD 24 143507 PILOT STUDY AND TRAINING AWARDS 12 2793 PART I, LINE 2: GRANTS ARE DISBURSED UPON RECEIPT OF A SCHOOL'S DETAILED INVOICE FOR SERVICES AND SUPPORT RENDERED BY THE SCHOOL FOR A SPECIFIED PERIOD COVERED BY THE GRANT. THE UNIVERSITY PROGRAM PARTNERS SIGN AN ANNUAL AGREEMENT WITH NATIONAL COLLEGE ADVISING CORPS THAT CONFIRMS THE AMOUNT OF THE GRANT BASED ON A MUTUALLY-AGREED UPON BUDGET FROM THE UNIVERSITY. NATIONAL COLLEGE ADVISING CORPS MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS OR ASSISTANCE DISBURSED DURING THE YEAR. GRANT OVERSIGHT CONSISTS OF A MULTI-TIER REVIEW OF INVOICE SUBMISSIONS BY MEMBERS OF THE FINANCE DEPARTMENT AND THE CFO. X X X 0 0 0 0 0 0 0 0 0 EKATERINA STRUETT CHIEF EXECUTIVE OFFICER 249727 0 0 0 0 0 10144 0 9650 0 269521 0 0 0 TOBI KINSELL CHIEF IMPACT OFFICER 186339 0 0 0 0 0 5587 0 6660 0 198586 0 0 0 JEFFERSON PARKER CHIEF FINANCIAL OFFICER 173296 0 0 0 0 0 6767 0 11688 0 191751 0 0 0 CARY CLAIBORNE CHIEF PROGRAM OFFICER 172887 0 0 0 0 0 7012 0 6660 0 186559 0 0 0 ROBERTA SORENSEN CONTROLLER 154277 0 0 0 0 0 6254 0 9395 0 169926 0 0 0 ARIEL NORRIS REGIONAL DIRECTOR 136961 0 0 0 0 0 5681 0 14040 0 156682 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AFTER THE 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE FINANCE CONTROLLER, CFO AND CEO. THE CEO SUSEQUENTLY SENDS IT TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS RECEIVES THE CONFLICT-OF-INTEREST POLICY AS WELL AS CORPORATE COMPLIANCE POLICIES AND PROCEDURES. COMPLIANCE IS MONITORED ANNUALLY BY THE BOARD AND CEO WHO ARE KEENLY AWARE OF THE IMPORTANCE OF THESE POLICIES. IN THE EVENT A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 USING AN ANNUAL PERFORMANCE EVALUATION AS WELL AS SALARIES FOR POSITIONS AT SIMILAR ORGANIZATIONS AND INFORMATION OBTAINED FROM IRS 990 FILINGS OF SIMILAR ORGANIZATIONS, THE CEO'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD AND IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION FOR KEY EMPLOYEE POSITIONS IS DETERMINED THROUGH USE OF A BAND SYSTEM WHICH IS UPDATED REGULARLY WITH DATA COMPILED BY AN OUTSIDE COMPANY AND REVIEWED BY THE EXECUTIVE LEADERSHIP TEAM. ALL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORMS 990 ARE AVAILABLE UPON REQUEST AT OUR OFFICE