STRATEGY STUDIO / PUBLIC DATA EXPLORER

ADVANTAGE TESTING FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ADVANTAGE TESTING FOUNDATION INC (EIN 20-8379593)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-11
IRS object ID
202341319349303209
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-11T11:10:06-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1551 FIFTH AVENUE SUITE 400AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10176ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208379593EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ADVANTAGE TESTING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlADVABusinessNameControlTxt
Phone2127448800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARUN ALAGAPPANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2127448800PhoneNum
Signature2023-05-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstARUNPersonFirstNm
Person LastALAGAPPANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFREDERICK MARTENSPreparerPersonNm
PTINP00298107PTIN
Phone2126972299PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerARUN ALAGAPPANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$14,625,685GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE ADVANTAGE TESTING FOUNDATION WAS ESTABLISHED TO 1) HELP UNDERREPRESENTED STUDENTS PURSUE THEIR ACADEMIC AND PROFESSIONAL AMBITIONS THROUGH INNOVATIVE PROGRAMS AND PARTNERSHIPS, ESPECIALLY WITH LEADING UNIVERSITIES, AND 2) PROMOTE NEW WAYS OF THINKING ABOUT ACCESS TO HIGHER EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$398,098PYContributionsGrantsAmt
CY Contributions Grants$14,624,482CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$172PYInvestmentIncomeAmt
CY Investment Income$1,203CYInvestmentIncomeAmt
PY Other Revenue$2,452PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$400,722PYTotalRevenueAmt
CY Total Revenue$14,625,685CYTotalRevenueAmt
PY Grants And Similar Paid$60,463PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$138,921CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$231,547PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$221,473CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$43,448PYOtherExpensesAmt
CY Other Expenses$138,941CYOtherExpensesAmt
PY Total Expenses$335,458PYTotalExpensesAmt
CY Total Expenses$499,335CYTotalExpensesAmt
PY Revenues Less Expenses$65,264PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$14,126,350CYRevenuesLessExpensesAmt
Total Assets BOY$418,336TotalAssetsBOYAmt
Total Assets EOY$14,526,745TotalAssetsEOYAmt
Total Liabilities BOY$55,138TotalLiabilitiesBOYAmt
Total Liabilities EOY$37,197TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$363,198NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,489,548NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS TO PROVIDE EDUCATIONAL TUTORING, STANDARDIZED TEST PREPARATION AND ACADEMIC COUNSELING TO LOW-INCOME STUDENTS AND THEREBY IMPROVE THEIR ACCESS TO INSTITUTIONS OF HIGHER LEARNING SUCH AS COLLEGES AND LAW SCHOOLS. THE ADVANTAGE TESTING FOUNDATION WORKS WITH SUCH INSTITUTIONS TO DELIVER SPECIAL ON-SITE PROGRAMS AND CLASSES AND MAKES CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$206,532ExpenseAmt
Grant$87,782GrantAmt
DescTRIALS (THE TRAINING AND RECRUITMENT INITIATIVE FOR ADMISSION TO LEADING LAW SCHOOLS) IS A FULLY SUBSIDIZED SUMMER STUDY PROGRAM FOR ASPIRING LAW STUDENTS WHO HAVE OVERCOME ADVERSITY AND WHOSE SOCIOECONOMIC BACKGROUNDS ARE CURRENTLY UNDERREPRESENTED IN THE NATION'S LEADING LAW SCHOOLS. HARVARD LAW SCHOOL AND THE NYU SCHOOL OF LAW PARTNER WITH THE ADVANTAGE TESTING FOUNDATION TO SUPPORT THE PROGRAM. STUDENTS WHO PARTICIPATE DEVELOP THE SKILLS AND CREDENTIALS THEY NEED TO EARN ADMISSION TO LAW SCHOOL. AT THE BEGINNING OF THE PROGRAM, STUDENTS TAKE A DIAGNOSTIC LSAT (THE STANDARDIZED ADMISSION EXAM FOR LAW SCHOOL). THE MEDIAN STARTING LSAT SCORE FOR OUR STUDENTS WAS AT THE 44TH PERCENTILE. TO DATE, THE MEDIAN TEST SCORE INCREASE FOR THOSE TRIALS STUDENTS WHO HAVE TAKEN THE OFFICIAL LSAT IS MORE THAN 40 PERCENTILE POINTS. TRIALS STUDENTS HAVE EARNED ADMISSION TO ALL OF THE TOP 10 LAW SCHOOLS IN THE NATION INCLUDING HARVARD, YALE, NYU, STANFORD, COLUMBIA, AND THE UNIVERSITY OF CHICAGO.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$141,709ExpenseAmt
Grant$1,139GrantAmt
DescTHE ADVANTAGE TESTING FOUNDATION/JANE STREET MATH PRIZE FOR GIRLS, THE LARGEST MATH PRIZE FOR GIRLS IN THE WORLD, IS AN ANNUAL NATIONWIDE MATH COMPETITION CREATED TO 1) PROMOTE GENDER EQUITY IN MATHEMATICS BY RECOGNIZING TALENTED, HIGH-PERFORMING YOUNG FEMALE STUDENTS, AND 2) UNDERSCORE THE IMPORTANCE OF MATHEMATICS TO OUR NATION'S FUTURE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$56,656ExpenseAmt
Grant$25,000GrantAmt
DescTHE ADVANTAGE TESTING FOUNDATION SUPPORTS LEDA (LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA), A PARTNERSHIP WITH PRINCETON UNIVERSITY THAT CONSISTS OF A RIGOROUS SUMMER COLLEGE PREPARATORY PROGRAM AND ONGOING COUNSELING. THE PROGRAM SEEKS TO INSTILL LEADERSHIP SKILLS IN TALENTED STUDENTS OF MODEST MEANS FROM PREDOMINANTLY PUBLIC SCHOOLS NATIONWIDE. THE AT FOUNDATION ALSO PROVIDES PRO BONO CLASSROOM SAT AND ACT PREPARATION TUTORING DURING THIS SUMMER PROGRAM.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$32,511ExpenseAmt
Grant$25,000GrantAmt
DescTHE FOUNDATION SUPPORTS PREP FOR PREP, A LEADERSHIP DEVELOPMENT PROGRAM FOR NEW YORK CITY STUDENTS OF UNDERREPRESENTED MINORITY BACKGROUNDS. IN ADDITION TO FINANCIAL SUPPORT FOR PREP FOR PREP, THE FOUNDATION PROVIDES PRO BONO CLASSROOM SAT AND ACT PREPARATION FOR SELECT PREP FOR PREP JUNIORS DURING THE ACADEMIC YEAR.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$32,511TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$25,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$437,408TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127448800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1241 EAST 86TH STREET 2BAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ARUN ALAGAPPAN
PRESIDENT22.00Yes (X)Yes (X)$0$0$0
JOHN MANNING
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MARTHA MINOW
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JOHN SEXTON
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
SHIRLEY TILGHMAN
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
J TOMLINSON HILL
TREASURER1.00Yes (X)Yes (X)$0$0$0
LAUREN FRANK
TRUSTEE1.00Yes (X)$0$0$0
BETH NASH
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$51,352GovernmentGrantsAmt
All Other Contributions$14,573,130AllOtherContributionsAmt
Total Contributions$14,624,482TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,203TotalRevenueColumnAmt
Exclusion$1,203ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,625,685TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,203ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$88,921TotalAmt
Program Services$88,921ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$202,298TotalAmt
Program Services$183,498ProgramServicesAmt
Management And General$18,800ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,476TotalAmt
Program Services$14,083ProgramServicesAmt
Management And General$1,393ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,699TotalAmt
Program Services$3,366ProgramServicesAmt
Management And General$333ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,901TotalAmt
Management And General$30,901ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$48,882TotalAmt
Program Services$48,882ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,586TotalAmt
Program Services$12,557ProgramServicesAmt
Management And General$29ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,300TotalAmt
Program Services$8,637ProgramServicesAmt
Management And General$3,663ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,548TotalAmt
Program Services$22,548ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9TotalAmt
Management And General$9ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MISCELLANEOUS EXPENSES$8,439$2,077$6,362
STORAGE$2,643$2,643
BANK FEES$633$196$437

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$499,335TotalAmt
Program Services$437,408ProgramServicesAmt
Management And General$61,927ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$257,494BOYAmt
EOY$546,270EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$126,954BOYAmt
EOY$4,851,143EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$9,111,228EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$33,888BOYAmt
EOY$18,104EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,260LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,260LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$418,336BOYAmt
EOY$14,526,745EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,786BOYAmt
EOY$37,197EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$51,352BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,138BOYAmt
EOY$37,197EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$363,198BOYAmt
EOY$377,179EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$14,112,369EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$363,198BOYAmt
EOY$14,489,548EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$418,336BOYAmt
EOY$14,526,745EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$14,126,350ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$166,487CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$329,252CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$398,098CurrentTaxYearMinus1YearAmt
Current Tax Year$14,624,482CurrentTaxYearAmt
Total$15,621,935TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$166,487CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$329,252CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$398,098CurrentTaxYearMinus1YearAmt
Current Tax Year$14,624,482CurrentTaxYearAmt
Total$15,621,935TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,198,242SubstantialContributorsTotAmt
Public Support Total170$1,423,693PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,117CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$172CurrentTaxYearMinus1YearAmt
Current Tax Year$1,203CurrentTaxYearAmt
Total$8,727TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$2,452CurrentTaxYearMinus1YearAmt
Total$2,452TotalAmt
FieldValueIRS element (for citing)
Total Support$15,633,114TotalSupportAmt
Public Support CY1700.09110PublicSupportCY170Pct
Public Support PY1700.24670PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test PYYes (X)TenPctFactsCrcmstncsTestPYInd
Facts And Circumstances TestTHE FOUNDATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST.THE FOUNDATION HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY. THE FOUNDATION CURRENTLY RECEIVES A LARGE PERCENTAGE OF ITS SUPPORT FROM THE GENERAL PUBLIC, AND ITS PUBLIC SUPPORT PERCENTAGE FOR THE 2020 TAX YEAR ENDED JUNE 30, 2021 WAS 24.67%. BASED ON THESE FACTS AND CIRCUMSTANCES, THE ORGANIZATION QUALIFIES FOR NON-PRIVATE FOUNDATION STATUS UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC 170(B)(1)(A)(VI).FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$5,000,000ContributionsAmt
Investment Earnings Or Losses$1,141InvestmentEarningsOrLossesAmt
End Year Balance$5,001,141EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00030BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.99970PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,260OtherCostOrOtherBasisAmt
Depreciation$13,260DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$15,661,497TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$1,035,812DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,035,812RevenueNotReportedAmt
Revenue Subtotal$14,625,685RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,625,685TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,535,147TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,035,812DonatedServicesUseFcltsAmt
Expenses Not Reported$1,035,812ExpensesNotReportedAmt
Expenses Subtotal$499,335ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$499,335TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION'S ENDOWMENT WAS ESTBLISHED IN FISCAL YEAR 2022 TO SUPPORT, MAINTAIN AND GROW THE ADVANTAGE TESTING FOUNDATION/JANE STREET MATH PRIZE FOR GIRLS (MP4G).ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA
501 SEVENTH AVENUE 7TH FLNEW YORKNY10018331071771501(C)(3)$25,000$0TO SUPPORT VARIOUS FACETS OF THE ORGANIZATION IN ITS MISSION TO CULTIVATE YOUNG LEADERS OF DIVERSE BACKGROUNDS THROUGH A RIGOROUS SEVEN-WEEK RESIDENTIAL PROGRAM HELD AT PRINCETON UNIVERSITY.
PREP FOR PREP
238 WEST 71ST STREETNEW YORKNY10023132613383501(C)(3)$25,000$0TO SUPPORT PREP FOR PREP IN DEVELOPING ETHICAL AND EFFECTIVE LEADERS WHO REFLECT OUR DIVERSE SOCIETY FOR THE ENDURING BENEFIT OF ALL.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
CROWN AWARDS AND LSAT TEST PREP103$682$1,139ACTUAL PURCHASE AMOUNTMEDAL AWARDS GIVEN TO RECIPIENTS
STIPENDS FOR STUDENTS AND TEACHERS ASSISTANTS ACCEPTED IN THE TRIALS PROGRAMS52$87,100

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PRESIDENT OF THE BOARD OF TRUSTEES OF THE ADVANTAGE TESTING FOUNDATION SERVED UNTIL 2022 AS VICE PRESIDENT OF THE BOARD OF TRUSTEES OF LEDA, AN ORGANIZATION THE FOUNDATION SUPPORTS FINANCIALLY AND WITH IN-KIND CONTRIBUTIONS. IN THIS ROLE, THE PRESIDENT MONITORS AND HELPS DECIDE HOW TO APPROPRIATELY SPEND THE FUNDS AWARDED. THE BOARD PRESIDENT IS ALSO A MEMBER OF THE BOARD OF TRUSTEES OF PREP FOR PREP, WHICH THE FOUNDATION SUPPORTS BY PROVIDING PRO BONO CLASSROOM INSTRUCTION AND ANNUAL FINANCIAL CONTRIBUTIONS. IN THIS ROLE, THE PRESIDENT MONITORS ANNUAL EXPENDITURES OF PREP FOR PREP AND TRACKS THE SUCCESS OF ITS PROGRAMS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE PRESIDENT OF THE BOARD AND THE TREASURER BOTH REVIEW THE RETURN BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR OR OFFICER OF THE FOUNDATION IS REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST PRIOR TO A VOTE ON ANY PROPOSED TRANSACTION. IF THERE IS A CONFLICT OF INTEREST, THE DIRECTOR OR OFFICER MAY NOT PARTICIPATTE IN FINAL DELIBERATION REGARDING THE MATTER UNDER CONSIDERATION AND MAY NOT VOTE ON THE MATTER. DIRECTORS AND OFFICERS MUST DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST ANNUALLY. ALL NEW OFFICERS AND OFFICERS ARE PROVIDED WITH A COPY OF THE FOUNDATION'S CONFLICT OF INTEREST POLICY PRIOR TO ASSUMING RESPONSIBILITIES.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.