2024-11-14T06:36:06-06:00 2024-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2023-07-01 461192687 NATIONAL COLLEGE ADVISING CORPS INC NATI 9194426300 5540 CENTERVIEW DR PMB 41997 204 RALEIGH NC 27606 EKATERINA STRUETT CEO 9194426300 2024-11-12 1 1 JANICE A RATICA P00358837 7043338881 2024-11-07 2023 2024-10-15 13:58:12Z EKATERINA STRUETT 5540 CENTERVIEW DR PMB 41997 204 RALEIGH NC 27606 25019187 0 X WWW.ADVISINGCORPS.ORG X 2013 NC TO INCREASE OPPORTUNITIES FOR STUDENTS BY MAKING EDUCATION BEYOND HIGH SCHOOL MORE ACCESSIBLE AND EQUITABLE. WE ENVISION A WORLD WHERE STUDENTS' BACKGROUNDS DO NOT DETERMINE THEIR DESTINIES. 12 12 52 12 0 0 21193150 23809919 526143 788562 11433 420706 0 0 21730726 25019187 9380067 12903842 0 0 4155430 4832473 0 0 864425 2067580 4690402 15603077 22426717 6127649 2592470 15598224 18494062 2388583 2211951 13209641 16282111 X COLLEGE ADVISING CORPS ("CAC") IS ONE OF THE LARGEST COLLEGE ACCESS ORGANIZATIONS IN THE COUNTRY. WE ENSURE LOW-INCOME, FIRST-GENERATION COLLEGE, AND UNDERREPRESENTED HIGH SCHOOL STUDENTS RECEIVE THE GUIDANCE AND TOOLS THEY NEED TO IDENTIFY AND PURSUE POSTSECONDARY EDUCATION OPPORTUNITIES. WE BELIEVE EVERY STUDENT DESERVES THE OPPORTUNITY TO PURSUE A POSTSECONDARY EDUCATION, THE SUREST PATH, WE BELIEVE, TO ECONOMIC MOBILITY. 0 0 19631635 12903842 788562 LAUNCHED IN 2005 WITH JUST 14 ADVISERS SERVING 2,500 STUDENTS IN VIRGINIA, THE NATIONAL ORGANIZATION ESTIMATES THAT AROUND 950,000 STUDENTS AT SCHOOLS WITH A CAC ADVISER HAVE SINCE ENROLLED IN EITHER A TWO-YEAR OR FOUR-YEAR COLLEGE. CAC IS WELL ON ITS WAY TO REACHING ITS GOAL OF SUPPORTING 1 MILLION STUDENTS IN ACCESSING A COLLEGE EDUCATION BY THE ORGANIZATION'S TWENTIETH ANNIVERSARY YEAR IN 2025-26. EARLY INVESTMENT IN VIRTUAL ADVISING (SINCE 2015), HYBRID ADVISING (SINCE 2019), AND CHATBOT-POWERED ADVISING (SINCE 2020) HAS HELPED SOLIDIFY CAC'S EXPERTISE IN OFFERING NIMBLE, ADAPTABLE, AND INTEGRATED ADVISING MODELS TO ADDRESS THE WIDE-RANGING NEEDS OF STUDENTS AND EDUCATION SYSTEMS TODAY. CAC ALSO HELPS STUDENTS DIFFERENT THAN OTHER COLLEGE ACCESS ORGANIZATIONS. CAC BELIEVES THAT EDUCATIONAL EQUITY MEANS THAT 100% OF HIGH SCHOOL STUDENTS DESERVE PERSONALIZED GUIDANCE SO THEY CAN IDENTIFY THEIR BEST CAREER PATH. CAC PROVIDES WHOLE-SCHOOL, WRAP-AROUND COLLEGE AND CAREER SERVICES TO ALL STUDENTS AND THEIR FAMILIES EVEN BEFORE SENIOR YEAR, RATHER THAN FOCUSING ON A SMALL COHORT OF TOP-PERFORMING, COLLEGE-BOUND SENIORS. CAC'S "BEST MATCH/BEST FIT" MODEL MEETS STUDENTS WHERE THEY ARE, HELPING THEM TO IDENTIFY AND MATRICULATE AT INSTITUTIONS THAT REPRESENT A GOOD ACADEMIC MATCH AND A GOOD FINANCIAL, SOCIAL, AND CULTURAL FIT, SO THEY ARE WELL PREPARED TO PERSIST AND GRADUATE WITH MINIMAL DEBT.ROUGHLY 90% OF THE SENIORS CAC SERVES GRADUATE FROM HIGH SCHOOL AND ABOUT HALF WILL ENROLL IN COLLEGE IN THE IMMEDIATE FALL SEMESTER AFTER GRADUATION. SLIGHTLY MORE THAN HALF OF THESE STUDENTS MATRICULATE AT A 4-YEAR COLLEGE. WITHIN FIVE YEARS, ANOTHER 7-8% OF THOSE HS GRADUATES EVENTUALLY ENROLL IN COLLEGE AND MOST ATTEND A TWO-YEAR INSTITUTION. IN THE 2023-24 ACADEMIC YEAR, CAC PARTNERED WITH 33 COLLEGES AND UNIVERSITIES TO TRAIN AND PLACE 801 CAC ADVISERS IN NEARLY 800 HIGH SCHOOLS ACROSS 16 STATES. COLLECTIVELY, OUR ADVISERS SERVED ABOUT 225,000 STUDENTS IN GRADES 9-11, MOST OF THEM SENIORS. CAC ADVISERS ALSO PROMOTE ECONOMIC MOBILITY BY ESTABLISHING A COLLEGE-GOING CULTURE AT THESE SCHOOLS POSITIVELY AFFECTING MORE THAN 800,000 STUDENTS THEY ENROLLED THIS PAST SCHOOL YEAR.OF THE STUDENTS WE SERVE, ABOUT TWO IN EVERY THREE ARE ELIGIBLE FOR FREE OR REDUCED-PRICE LUNCH. CLOSE TO 40% OF CAC SERVED SCHOOLS ARE IN EITHER URBAN AREAS OR SUBURBS AND TOWNS, WHILE THE REST ARE CONSIDERED RURAL. STUDENT DEMOGRAPHICS INCLUDED: 45% HISPANIC, 29% WHITE, NON-HISPANIC; 18% BLACK OR AFRICAN-AMERICAN; 4% ASIAN OR PACIFIC ISLANDER; 3% MULTI-OR BIRACIAL; AND 1% NATIVE AMERICAN OR ALASKAN NATIVE. LAST YEAR ALONE, CAC ADVISERS HELPED THESE HIGH SCHOOL GRADUATES TO SECURE OVER $1 BILLION IN FINANCIAL AID AND SCHOLARSHIPS. 19631635 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 1 0 0 0 0 0 0 0 0 1 50 0 1 52 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 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 DAVEED DIGGS MEMBER 0.50 X 0 0 0 HOLDEN THORP MEMBER 0.50 X 0 0 0 MC BELK PILON 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 PETER GRAUER CHAIR 2.00 X X 0 0 0 EKATERINA STRUETT CHIEF EXECUTIVE OFFICER 40.00 X 283399 0 22287 LAURIE J REINHARDT-PLOTNIK CHIEF ADVANCEMENT OFFICER 40.00 X 219168 0 12057 JEFFERSON PARKER CHIEF FINANCIAL OFFICER 40.00 X 200562 0 23297 TOBI KINSELL CHIEF IMPACT OFFICER 40.00 X 174146 0 12683 CARY CLAIBORNE CHIEF PROGRAM OFFICER 40.00 X 121561 0 14131 ROBERTA SORENSEN CONTROLLER 40.00 X 145218 0 15999 ARIEL NORRIS REGIONAL DIRECTOR 40.00 X 133741 0 21303 SHAMEEK ROBINSON REGIONAL DIRECTOR, NORTHEA 40.00 X 120335 0 11673 MICHAEL COBB SENIOR DIRECTOR - IMPACT & EVALUATION 40.00 X 112719 0 5053 JENNIFER DEGUZMAN SENIOR DIRECTOR - PARTNERSHIPS 40.00 X 108512 0 16037 1619361 0 154520 14 0 1 0 BRITEWEB 195 MONTAGUE ST BROOKLYN NY 11201 SOFTWARE CONSULTANT 503630 EASE 1839 WALNUT DR MOUNTAIN VIEW CA 94040 RESEARCH/DATA ANALYSIS 278397 BELLWETHER EDUCATION PARTNERS INC 517 BOSTON POST RD UNIT 171 SUDBURY MA 01776 ADVISING MODEL STRATEGY CONSULTING 267000 ADMITHUB 38 CHAUNCY ST 11TH FLOOR BOSTON MA 02111 SOFTWARE CONSULTANT 130307 4 11356194 12453725 79686 23809919 PROGRAM REVENUE 611710 406995 406995 CONTRACT INCOME 611710 381567 381567 788562 419239 419239 1467 0 1467 1467 1467 25019187 788562 0 420706 12847013 12847013 56829 56829 1084569 721843 215930 146796 2876750 1914643 572741 389366 128728 85676 25629 17423 346474 230598 68981 46895 395952 263529 78831 53592 51552 10320 41232 1403223 916574 298580 188069 24058 17328 2679 4051 57356 46242 10285 829 834499 352202 478098 4199 11737 3403 8334 133998 132381 1283 334 1881154 1858452 18013 4689 28439 28439 100000 100000 30531 25098 3881 1552 MEMBERSHIPS AND SUBSCRI 69398 1373 67675 350 COMMUNICATIONS 63091 46765 10046 6280 STAFF DEVELOPMENT 1366 1366 22426717 19631635 1930657 864425 8225433 5166802 3564487 7169443 4776372 6477 5998 75542 67466 1091949 688374 116667 403575 0 4499550 4662 9812 15598224 18494062 91607 304385 1475574 1679918 47904 0 773498 227648 2388583 2211951 X 432889 3521421 12776752 12760690 13209641 16282111 15598224 18494062 2592470 480000 0 X 0 1 X 0 1 1 X 22556105 21642254 29288450 21193149 23809919 118489877 22556105 21642254 29288450 21193149 23809919 118489877 46162938 72326939 57221 242 307 30926 419239 507935 31820 31820 119029632 3214072 0.60760 0.61650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22426717 22426717 1000000 250000 0 0 1000000 1000000 930154 1000000 3930154 5895231 250000 250000 232539 250000 982539 1473809 76341 76341 0 1015608 612033 403575 403575 X 25499187 480000 480000 25019187 0 25019187 22426717 0 22426717 0 22426717 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, 2024 OR 2023. 1 APPALACHIAN STATE UNIVERSITY JOHN E THOMAS HALL 287 RIVERS ST BOONE NC 28608 561176030 115(1) 392103 0 COLLEGE ADVISING PROGRAM OPERATIONS BOSTON UNIVERSITY ONE SILBER WAY BOSTON MA 02215 042103547 501(C)(3) 447906 0 COLLEGE ADVISING PROGRAM OPERATIONS DUKE UNIVERSITY 220 ALLEN BUILDING DURHAM NC 27708 560532129 501(C)(3) 434329 0 COLLEGE ADVISING PROGRAM OPERATIONS FRANKLIN & MARSHALL COLLEGE 415 HARRISBURG AVE LANCASTER PA 17603 231352635 501(C)(3) 902728 0 COLLEGE ADVISING PROGRAM OPERATIONS FURMAN UNIVERSITY 3300 POINSETT HIGHWAY GREENVILLE SC 29613 570314395 501(C)(3) 67657 0 COLLEGE ADVISING PROGRAM OPERATIONS GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION 33 GILMER STREET SE ATLANTA GA 30303 586002050 501(C)(3) 308064 0 COLLEGE ADVISING PROGRAM OPERATIONS MICHIGAN STATE UNIVERSITY (MSU) 200 TOWBRIDGE RD LANSING MI 48824 386005984 115(1) 217108 0 COLLEGE ADVISING PROGRAM OPERATIONS NEW YORK UNIVERSITY (NYU) 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10012 135562308 501(C)(3) 325000 0 COLLEGE ADVISING PROGRAM OPERATIONS NORTH CAROLINA STATE UNIVERSITY (NC STATE) 203 PEELE HALL RALEIGH NC 27695 566000756 115(1) 994750 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS A & M UNIVERSITY (TA&M) 120 SPENCE COLLEGE STATION TX 77843 741238434 115(1) 711838 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS CHRISTIAN UNIVERSITY 2800 S UNIVERSITY DRIVE FORT WORTH TX 76129 750827465 501(C)(3) 386705 0 COLLEGE ADVISING PROGRAM OPERATIONS TRINITY UNIVERSITY STORCH MEMORIAL BUILDING 202 ONE TRINITY PLACE SAN ANTONIO TX 78212 741109633 501(C)(3) 170714 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CA SANTA BARBARA SAASB BUILDING ROOM 1212 SANTA BARBARA CA 93106 956006145 115(1) 37740 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CALIFORNIA BERKELEY 2195 HEARST AVE RM 130 MC 1103 BERKELEY CA 94720 946002123 115(1) 807161 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CALIFORNIA LOS ANGELES 10920 WILSHIRE BOULEVARD SUITE 600 LOS ANGELES CA 90024 956006143 115(1) 764870 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF CONNECTICUT 352 MANSFIELD RD STORRS CT 06269 060772160 115(1) 211957 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF GEORGIA RESEARCH FOUNDATION 310 EAST CAMPUS RD TUCKER HALL ROOM 409 ATHENS GA 30602 581353149 115(1) 587691 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF MICHIGAN 500 S STATE ST ANN ARBOR MI 48109 386006309 115(1) 187849 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF MISSOURI PO BOX 807012 KANSAS CITY MO 64180 436003859 115(1) 334759 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL JACKSON HALL CB2200 CHAPEL HILL NC 27599 566001393 115(1) 1871293 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH CAROLINA AT WILMINGTON 601 COLLEGE RD WILMINGTON NC 24803 561258660 115(1) 332378 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK LOS ANGELES CA 90089 951642394 501(C)(3) 865170 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS AT EL PASO 500 W UNIVERSITY AVE EL PASO TX 79968 746000813 115(1) 231949 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS-AUSTIN 550 EAST HUNTLAND DRIVE SUITE 270 AUSTIN TX 78752 746000203 115(1) 415815 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF VIRGINIA PO BOX 400218 CHARLOTTESVILLE VA 22904 CHARLOTTESVILLE VA 22904 546001796 115(1) 312521 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF WASHINGTON BOX 354966 SEATTLE WA 98195 916001537 115(1) 12879 0 COLLEGE ADVISING PROGRAM OPERATIONS INDIANA UNIVERSITY 1024 EAST 3RD ST ROOM 132 BLOOMINGTON IN 47405 356001673 115(1) 76281 0 COLLEGE ADVISING PROGRAM OPERATIONS TEXAS A & M UNIVERSITY - SAN ANTONIO 1 UNIVERSITY WAY SAN ANTONIO TX 78224 260859198 115(1) 247017 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF NORTH TEXAS AT DALLAS 7300 UNIVERSITY HILLS BLVD DALLAS TX 75241 453072303 115(1) 101494 0 COLLEGE ADVISING PROGRAM OPERATIONS UNIVERSITY OF TEXAS RIO GRANDE VALLEY 1201 W UNIVERSITY DR EDINBURG TX 78539 465292740 115(1) 89284 0 COLLEGE ADVISING PROGRAM OPERATIONS 30 0 EDUCATION AWARD 11 46179 PILOT STUDY AND TRAINING AWARDS 20 10650 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 283399 0 0 0 0 0 12066 0 10221 0 305686 0 0 0 LAURIE J REINHARDT-PLOTNIK CHIEF ADVANCEMENT OFFICER 219168 0 0 0 0 0 7558 0 4499 0 231225 0 0 0 JEFFERSON PARKER CHIEF FINANCIAL OFFICER 200562 0 0 0 0 0 8469 0 14828 0 223859 0 0 0 TOBI KINSELL CHIEF IMPACT OFFICER 174146 0 0 0 0 0 5535 0 7148 0 186829 0 0 0 ROBERTA SORENSEN CONTROLLER 145218 0 0 0 0 0 6207 0 9792 0 161217 0 0 0 ARIEL NORRIS REGIONAL DIRECTOR 133741 0 0 0 0 0 6475 0 14828 0 155044 0 0 0 X 1 79686 FMV 0 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