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COLLEGE BOARD: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
COLLEGE BOARD (EIN 13-1623965)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202323179349306242
Schema version
2022v5.0
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)
Return2023-11-13T13:06:05+00:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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Preparer Firm EIN920460586PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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Business Name Line1PWC US TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1655 New York Ave NW Suite 1100AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

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EIN131623965EIN

Business Name BusinessName

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Business Name Line1College BoardBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLLBusinessNameControlTxt
Phone2127138000PhoneNum

US Address USAddress

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Address Line1250 Vesey StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10281ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMartha StratisPersonNm
Person TitleCAO & TreasurerPersonTitleTxt
Signature2023-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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Person FirstMarthaPersonFirstNm
Person LastStratisPersonLastNm
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SSN999009999SSN

Preparer Person PreparerPersonGrp

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Preparer PersonTRAVIS PATTONPreparerPersonNm
PTINP00369623PTIN
Phone2124141000PhoneNum
Preparation2023-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1David ColemanBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 Vesey StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10281ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,232,565,921GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.collegeboard.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1900FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionCollege Board is a mission-driven not-for-profit organization that connects students to college success and opportunity. Founded in 1900, College Board was created to expand access to higher education. Today, the membership association is made up of over 6,000 of the world's leading educational institutions and is dedicated to promoting excellence and equity in education. Each year, College Board helps more than seven million students prepare for a successful transition to college and career through programs and services in readiness and success-including the SAT, the Advanced Placement Program, and BigFuture. The organization also serves the education community through research and advocacy on behalf of students, educators, and schools. For further information, visit collegeboard.org.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee1810TotalEmployeeCnt
Total Volunteers775TotalVolunteersCnt
Total Gross UBI$8,003,187TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$565,236NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,634,279PYContributionsGrantsAmt
CY Contributions Grants$7,075,822CYContributionsGrantsAmt
PY Program Service Revenue$882,298,721PYProgramServiceRevenueAmt
CY Program Service Revenue$908,477,178CYProgramServiceRevenueAmt
PY Investment Income$96,706,694PYInvestmentIncomeAmt
CY Investment Income$126,957,004CYInvestmentIncomeAmt
PY Other Revenue-$1,437,723PYOtherRevenueAmt
CY Other Revenue-$2,306,906CYOtherRevenueAmt
PY Total Revenue$983,201,971PYTotalRevenueAmt
CY Total Revenue$1,040,203,098CYTotalRevenueAmt
PY Grants And Similar Paid$5,531,109PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,239,323CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$300,922,934PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$299,920,248CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$564,330,452PYOtherExpensesAmt
CY Other Expenses$589,206,996CYOtherExpensesAmt
PY Total Expenses$870,784,495PYTotalExpensesAmt
CY Total Expenses$894,366,567CYTotalExpensesAmt
PY Revenues Less Expenses$112,417,476PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$145,836,531CYRevenuesLessExpensesAmt
Total Assets BOY$1,954,390,358TotalAssetsBOYAmt
Total Assets EOY$2,013,045,133TotalAssetsEOYAmt
Total Liabilities BOY$286,822,385TotalLiabilitiesBOYAmt
Total Liabilities EOY$457,485,008TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,667,567,973NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,555,560,125NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOur mission is to serve over 6,000 members and connect more than 7 million students to college success and career opportunity. Through our programs and initiatives, we expand opportunities for students and challenge them to own their future by practicing hard and taking advantage of every opportunity they earn.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$381,474,112ExpenseAmt
Grant$281,387GrantAmt
Revenue$493,585,536RevenueAmt
DescAdvanced Placement Program Founded in 1955, the Advanced Placement Program gives students the opportunity to take college-level coursework and exams in high school. Students who succeed on AP Exams are more likely to succeed in college and can potentially earn valuable college credit. Even AP students who earn a lower score have better college outcomes than academically similar college students who did not take an AP course and AP Exam. Nearly 1.2 million students in the class of 2022 took more than 4 million AP Exams in U.S. public high schools nationwide, as educators across the country encourage a wider and more diverse population of students to participate in AP. 34.6% of 2022 U.S. public high school graduates took at least one AP Exam during high school, and 21.6% of the graduating class scored a 3 or higher on at least one AP Exam. Over the past 10 years, the percentage of all U.S. public high school graduates earning a score of 3 or higher (out of 5) on at least one AP Exam has grown by 3.4 percentage points. More than 1 in 5 U.S. public school graduates score 3 or higher on at least one AP Exam. 402,498 traditionally underrepresented students-including Black/African American, Hispanic/Latino, and American Indian/Alaska Native students-graduated in 2022 from U.S. public high schools having taken at least one AP Exam, up 143,176 students from 2012. The growth in both participation and performance for students from all backgrounds reflects the hard work of students and teachers, and the commitment of states and districts, toward providing students with greater access to academic opportunities. The AP Program provides students, teachers, and administrators with free resources, support, and feedback throughout the year. All students have access to free AP Daily videos and AP Daily: Live Review sessions. AP Daily videos are short on-demand segments led by expert AP teachers that cover all course content and skills. Teachers can assign them for out-of-class work and use valuable class time for more focused engagement with students. These resources help schools target instruction and provide practice opportunities. AP Computer Science Principles: In fall 2016, College Board launched AP Computer Science Principles (AP CSP) with the goal of giving all students-especially those who are traditionally underrepresented in the computer science field-tools and opportunities to be successful in today's workforce. AP CSP was the biggest course launch in the history of the AP Program. New research finds that students who take AP CSP in high school are more than 3 times as likely to major in computer science in college, compared to similar students who did not take CSP. Differences are similarly large for female, Black, Hispanic, and first-generation college students. Pre-AP: First piloted in fall 2018, Pre-AP courses are designed to support all students across varying levels of ability, challenging them to build relevant, interdisciplinary critical thinking skills. The program empowers all students to learn, grow, and build confidence through focused course frameworks, engaging instructional resources, learning checkpoints, and collaborative educator workshops. Pre-AP courses help get students ready for the PSAT-related assessments, SAT, and AP. Twelve (12) courses are currently available in five subject areas. AP Potential: AP Potential is a free, web-based tool that helps educators increase access to AP by using SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9 score data to identify students with the potential to succeed in AP.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$257,330,303ExpenseAmt
Revenue$289,213,000RevenueAmt
DescSAT Suite of Assessments College Board's SAT Suite, which includes the SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9, measures what research shows students need to succeed after high school. It also connects students with fee waivers, scholarship opportunities, free personalized practice, and college and career planning tools. As schools and communities continue to recover from impacts of the pandemic, SAT testing capacity and SAT test-taking have increased. The 2022 SAT Suite of Assessments Annual Report shows that 1.7 million students in the high school class of 2022 took the SAT at least once, up from 1.5 million in the class of 2021. Most of these students took the assessment through SAT School Day, the in-school program that dramatically expands access and equity. And as SAT test-taking rebounds, College Board survey results continue to show more than 80% of students want to be able to send their scores to colleges. Nearly 1.1 million students in the class of 2022 took the SAT through the SAT School Day program, which provides schools, districts, and states a way to offer the SAT to juniors and seniors in school, on a weekday, often at no cost to students. Overall, more than 63% of SAT takers in the class of 2022 took the SAT on a school day, the highest percentage to date, compared to 62% of the class of 2021, and 49% of the class of 2020. SAT School Day participation has increased more than 18% over the past year, up from 930,000 in the class of 2021. In spring 2022 we started to deliver the SAT Suite of Assessments digitally. More than 43,000 students in 166 countries took the first administration of the digital SAT when it launched at international test centers. We will transition U.S. schools and test centers from paper and pencil to digital in spring of 2024.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$88,363,621ExpenseAmt
Grant$4,122,145GrantAmt
Revenue$106,542,549RevenueAmt
DescCollege and Career Opportunities and Enrollment By connecting students to colleges and scholarships, and providing access to credit programs, planning tools, and fee waivers for all who need them, College Board is increasing opportunities and breaking down barriers to college and helping students identify career opportunities. CLEP: The College-Level Examination Program (CLEP), the most widely trusted college-based credit-by-examination program for more than 50 years, is accepted by 2,900 colleges and universities and administered in over 2,000 test centers. CLEP increases opportunities for students by enabling them to earn college credit by demonstrating knowledge they have gained in other settings, such as independent study, workforce training, or other experiences. CLEP exams can save money and time for students of all ages and backgrounds, including students in dual enrollment or continuing education programs, homeschooled, international, and/or transfer students. Members of the military can also take advantage of the financial savings CLEP offers; through a College Board partnership with the Defense Activity for Non-Traditional Education Support (DANTES), military personnel can take CLEP exams for free. Students may take any of 34 examinations in 5 subject areas, covering material usually taught in a 2-year degree program or the first 2 years of a 4-year program. Research shows students who earn course credit for achieving a required minimum CLEP exam score perform as well as or better than their classmates without CLEP exam credit in sequent or subsequent courses. BigFuture: BigFuture is a set of comprehensive digital resources that helps students plan for college, pay for college, and explore careers. It simplifies the path to life after high school by recommending small steps that all students-no matter their high school-can take at just the right time to explore career interests, identify potential majors, find colleges and scholarships, and access financial aid. And it rewards students' efforts directly by providing chances at scholarships. Launched in December 2018 and open to all students, the national BigFuture Scholarship program guides students through the college planning process and offers them multiple chances to earn money for college. Students earn entries in monthly drawings for $500-$40,000 scholarships by completing steps to plan for college. More than $14 million in scholarships has been awarded to more than 15,000 students since the program started. Student Search Service: College Board's Student Search Service, or Search, is a free, voluntary program that connects students with information about educational and financial aid opportunities from nearly 1,900 eligible colleges and universities, and scholarships and other educational programs. Students can opt in to participate in Search when they take certain College Board assessments, or at any time when they visit College Board's website. By choosing to participate, students give College Board permission to share their names and limited information with colleges and scholarship programs looking for students like them. Research shows that students who participate in Search are more likely to go to and finish college. The College Board National Recognition Programs: These awards create pathways to college for underrepresented students by awarding them academic honors and connecting them with universities across the country, helping students stand out during the admissions process. Students who may be eligible include those who take the PSAT/NMSQT, PSAT 10, or AP Exams and are African American or Black, Hispanic American or Latinx, Indigenous, or attend school in a rural area or small town. The College Board National Recognition Programs grant students' academic honors that can be included in college and scholarship applications. Colleges use these honors to identify students from underrepresented groups who have excelled on their PSAT/NMSQT, PSAT 10, or AP Exams and in their classrooms. Expanded Recognition Awards and Scholarship Opportunities: Participating in Student Search Service helps students get found by scholarship providers. In addition to its partnership with the National Merit Scholarship Corporation, College Board connects students to 26 scholarship partners that offer more than $300 million in annual rewards to qualified students based on merit and financial need. Among the organizations College Board works with are the American Indian Graduate Center (AIGC), the APIA Scholarship Program, the Cobell Scholarship (awarded by Indigenous Education, Inc.), the Hispanic Scholarship Fund (HSF), the Jack Kent Cooke Foundation (JKCF), and the United Negro College Fund (UNCF). By using information from the PSAT/NMSQT and PSAT 10, AIGC, APIA, Cobell, HSF, JKCF, and UNCF are able to access a wider group of eligible students from high schools across the country and make sure they're aware of the opportunities they've earned. Fee Waivers: In 2022, College Board provided over $78 million in fee waivers and fee reductions. CSS Profile: CSS Profile is a service that helps colleges award institutional financial aid to the students who need it most. Profile gives schools a complete picture of families' finances so they can distribute aid equitably and strategically. Nearly 400 colleges, universities, graduate and professional schools, and scholarship organizations rely on CSS Profile to help make college a reality for students. Collectively, institutions and organizations that use CSS Profile award more than $9 billion annually in institutional grants and scholarships to students based on financial need. Landscape: In fall 2019, College Board launched Landscape, a comprehensive and free resource that provides consistent high school and neighborhood information so admissions officers can better understand applicants' high school and neighborhood environments.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$40,359,510ExpenseAmt
Grant$835,791GrantAmt
Revenue$19,136,093RevenueAmt
DescOther Services Research and Advocacy - College Board's Research and Advocacy efforts are related primarily to the areas of college preparation and access, college affordability and financial aid, college admissions and completion, and the importance of teachers and school counselors. Membership - College Board works to strengthen relationships among members to achieve our shared goals through programs, services, and large-scale conferences, and seeks to foster community, expand knowledge, and enhance the education profession. Puerto Rico and Latin America - College Board Puerto Rico and Latin America develops programs and services specially designed for populations whose vernacular is Spanish and appropriate to the educational conditions of Latin America. These programs are aimed at systematizing the university evaluation and admissions processes, strengthening academic and personal orientation, and promoting educational excellence. ****Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$40,359,510TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$835,791TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$19,136,093TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$767,527,546TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
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Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document1938IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
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Employee1810EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
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Taxable Party NotificationfalseTaxablePartyNotificationInd
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Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
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Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
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Books In Care Of Detail BooksInCareOfDetail

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Business Name Line1Martha StratisBusinessNameLine1Txt
FieldValueIRS element (for citing)
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Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID COLEMAN
CEO/TRUSTEE40.0Yes (X)Yes (X)$1,826,946$0$315,631
RONNE P TURNER
TRUSTEE2.0Yes (X)Yes (X)$0$0$0
THOMAS MOORE
TRUSTEE2.0Yes (X)Yes (X)$0$0$0
ADRIAN EPPS
TRUSTEE2.0Yes (X)$0$0$0
ADRIAN PALAZUELOS
TRUSTEE2.0Yes (X)$0$0$0
ANNE HOUTMAN
TRUSTEE2.0Yes (X)$0$0$0
ARIELA ROZMAN
TRUSTEE2.0Yes (X)$0$0$0
BARBARA A GILL
TRUSTEE/RECLASSIFIED AS NON-OFFICER2.0Yes (X)$0$0$0
CATALINA CIFUENTES
TRUSTEE2.0Yes (X)$0$0$0
CHRISTOPH GUTTENTAG
TRUSTEE2.0Yes (X)$0$0$0
COURTNEY MCANUFF
TRUSTEE2.0Yes (X)$0$0$0
ELIZEBETH CHACKO
TRUSTEE2.0Yes (X)$0$0$0
ELMER GUY
TRUSTEE2.0Yes (X)$0$0$0
ERIC ZARNIKOW
TRUSTEE2.0Yes (X)$0$0$0
JASON KLEIN
TRUSTEE2.0Yes (X)$0$0$0
JENNIFER NORRELL
TRUSTEE2.0Yes (X)$0$0$0
JOHN BARNHILL
TRUSTEE2.0Yes (X)$0$0$0
JUDY WHITE
TRUSTEE2.0Yes (X)$0$0$0
KEDRA ISHOP
TRUSTEE2.0Yes (X)$0$0$0
KELLY WALTER
TRUSTEE2.0Yes (X)$0$0$0
KIMBERLY SCOTT
TRUSTEE2.0Yes (X)$0$0$0
KRISTINA WONG DAVIS
TRUSTEE2.0Yes (X)$0$0$0
MAGDALENA HINOJOSA
TRUSTEE2.0Yes (X)$0$0$0
MANUEL FRENCH
TRUSTEE2.0Yes (X)$0$0$0
MARK THOMAS
TRUSTEE2.0Yes (X)$0$0$0
MELODY BUSTILLOS
TRUSTEE2.0Yes (X)$0$0$0
MEREDITH NADEAU
TRUSTEE2.0Yes (X)$0$0$0
MJ KNOLL-FINN
TRUSTEE2.0Yes (X)$0$0$0
NAN DAVIS
TRUSTEE2.0Yes (X)$0$0$0
NIKKI DANOS
TRUSTEE2.0Yes (X)$0$0$0
PATRICIA MCCARTHY
TRUSTEE2.0Yes (X)$0$0$0
RACHELLE HERNANDEZ
TRUSTEE2.0Yes (X)$0$0$0
RAUL HINOJOSA
TRUSTEE2.0Yes (X)$0$0$0
SAMANTHA VEEDER
TRUSTEE2.0Yes (X)$0$0$0
SHAH ARDALAN
TRUSTEE2.0Yes (X)$0$0$0
SUSAN ENFIELD
TRUSTEE2.0Yes (X)$0$0$0
THOMAS MCDERMOTT
TRUSTEE2.0Yes (X)$0$0$0
TIMOTHY KEIRN
TRUSTEE2.0Yes (X)$0$0$0
YVETTE GULLATT
TRUSTEE2.0Yes (X)$0$0$0
DANIELA BERGER POLLACK
CHIEF FINANCIAL OFFICER40.0Yes (X)$469,916$0$31,993
JAMES MONTOYA
SEC'Y & CHIEF OF MEMBERSHIP, GOVERNANCE, & GLOBAL HIGHER ED40.0Yes (X)$557,642$0$50,981
JEFF OLSON
Chief Data Officer and SVP, Technology Strategy40.0Yes (X)$593,056$0$68,262
JEREMY SINGER
PRESIDENT40.0Yes (X)$1,770,946$0$57,787
MARTHA STRATIS
CHIEF ACCOUNTING OFFICER AND TREASURER40.0Yes (X)$342,940$0$38,669
PETER SCHWARTZ
CHIEF RISK OFFICER & GENERAL COUNSEL40.0Yes (X)$595,046$0$41,806
STEFANIE SANFORD
CHIEF OF GLOBAL POLICY, ADVOCACY & COMMUNICATIONS40.0Yes (X)$572,684$0$48,242
PRISCILLA RODRIGUEZ
Vice President, College Readiness Assessments40.0$381,310$0$54,014Yes (X)
TARLIN RAY
Senior vice president, bigfuture40.0$444,188$0$56,669Yes (X)
TREVOR PACKER
SVP, AP PROGRAMS40.0$600,236$0$49,263Yes (X)
AUDITI CHAKRAVARTY
SVP, Learning and Assessment40.0$440,184$0$49,822Yes (X)
ELISSA KIM
SVP, Global Strategy and Talent40.0$473,963$0$37,886Yes (X)
JASON MANOHARAN
VP, AP program development40.0$427,877$0$65,631Yes (X)
JOHN MCGRATH
Chief Communications & Marketing Officer40.0$522,519$0$67,595Yes (X)
STEVE BUMBAUGH
SVP, COLLEGE, CAREER, AND DIGITAL ACCESS40.0$503,482$0$55,462Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$10,522,935TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,089,713TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1238IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
EDUCATIONAL TESTING SERVICES
4897 COLLECTION CENTER DRIVECHICAGOIL60693TESTING SERVICES$316,719,691
NEXTSOURCE INC
1040 AVENUE OF THE AMERICASNEW YORKNY10018IT CONSULTING$35,967,547
NCS PEARSON
21866 NETWORK PLACECHICAGOIL60673TESTING SERVICES$25,301,527
ALORICA INC
8151 PETERS ROADPLANTATIONFL33324CALL CENTER SERVICES$17,364,736
AMAZON WEB SERVICES
1200 12TH AVE SSEATTLEWA98144CLOUD SERVICES$8,580,559
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K206CntrctRcvdGreaterThan100KCnt
Government Grants$5,176,907GovernmentGrantsAmt
All Other Contributions$1,898,915AllOtherContributionsAmt
Total Contributions$7,075,822TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVANCED PLACEMENT PROGRAM611710$493,585,536$493,585,536
SAT SUITE OF ASSESSMENTS611710$289,213,000$289,213,000
COLLEGE & CAREER OPPORTUNITIES & ENROLLMENT611710$106,542,549$106,542,549
OTHER SERVICES611710$19,136,093$19,136,093

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$908,477,178TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,770,626TotalRevenueColumnAmt
Unrelated Business Revenue$2,017,226UnrelatedBusinessRevenueAmt
Exclusion$17,753,400ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,796,474RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$6,103,380RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$2,306,906RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,306,906TotalRevenueColumnAmt
Exclusion-$2,306,906ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$31,994,523SecuritiesAmt
Other$261,451,298OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$27,945,697SecuritiesAmt
Other$158,313,746OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,048,826SecuritiesAmt
Other$103,137,552OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$107,186,378TotalRevenueColumnAmt
Unrelated Business Revenue$5,985,961UnrelatedBusinessRevenueAmt
Exclusion$101,200,417ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,040,203,098TotalRevenueColumnAmt
Related Or Exempt Func Income$908,477,178RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$8,003,187UnrelatedBusinessRevenueAmt
Exclusion$116,646,911ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$820,791TotalAmt
Program Services$820,791ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$4,418,532TotalAmt
Program Services$4,418,532ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,968,226TotalAmt
Program Services$1,570,913ProgramServicesAmt
Management And General$7,397,313ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$232,895,690TotalAmt
Program Services$171,491,430ProgramServicesAmt
Management And General$61,404,260ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$23,504,693TotalAmt
Program Services$17,098,824ProgramServicesAmt
Management And General$6,405,869ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$17,494,689TotalAmt
Program Services$12,830,593ProgramServicesAmt
Management And General$4,664,096ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,056,950TotalAmt
Program Services$12,268,547ProgramServicesAmt
Management And General$4,788,403ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,590,026TotalAmt
Program Services$1,228,513ProgramServicesAmt
Management And General$361,513ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$611,234TotalAmt
Management And General$611,234ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$813,842TotalAmt
Management And General$813,842ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$11,052,474TotalAmt
Management And General$11,052,474ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$40,604,374TotalAmt
Program Services$40,604,374ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,591,060TotalAmt
Program Services$4,591,060ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,464,389TotalAmt
Program Services$6,336,550ProgramServicesAmt
Management And General$1,127,839ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$38,868,835TotalAmt
Program Services$27,663,210ProgramServicesAmt
Management And General$11,205,625ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$24,969,667TotalAmt
Program Services$17,914,928ProgramServicesAmt
Management And General$7,054,739ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,311,042TotalAmt
Program Services$7,612,920ProgramServicesAmt
Management And General$1,698,122ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,119,102TotalAmt
Program Services$5,592,709ProgramServicesAmt
Management And General$526,393ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$20,198,939TotalAmt
Program Services$15,082,775ProgramServicesAmt
Management And General$5,116,164ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,050,265TotalAmt
Management And General$2,050,265ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
ASSESSMENT ADMINISTRATION & DEVELOPMENT$395,896,636$395,896,636
PRINTING AND PUBLICATIONS$11,914,448$11,845,477$68,971
RESEARCH$11,723,581$11,723,581
MARKETING$1,195,555$785,994$409,561

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$231,527TotalAmt
Program Services$149,189ProgramServicesAmt
Management And General$82,338ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$894,366,567TotalAmt
Program Services$767,527,546ProgramServicesAmt
Management And General$126,839,021ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,977,853BOYAmt
EOY$5,937,461EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$244,973,122BOYAmt
EOY$378,298,490EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,685,214BOYAmt
EOY$1,499,288EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$143,391,042BOYAmt
EOY$111,810,600EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,182,943BOYAmt
EOY$20,190,371EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$149,684,896LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$54,941,102LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$89,163,185BOYAmt
EOY$94,743,794EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$257,315,419BOYAmt
EOY$243,764,106EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,159,002,131BOYAmt
EOY$946,183,660EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$24,729,145BOYAmt
EOY$25,751,871EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,970,304BOYAmt
EOY$184,865,492EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,954,390,358BOYAmt
EOY$2,013,045,133EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$209,199,533BOYAmt
EOY$360,490,744EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$77,622,852BOYAmt
EOY$96,994,264EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$286,822,385BOYAmt
EOY$457,485,008EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,666,571,875BOYAmt
EOY$1,552,128,690EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$996,098BOYAmt
EOY$3,431,435EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,667,567,973BOYAmt
EOY$1,555,560,125EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,954,390,358BOYAmt
EOY$2,013,045,133EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$145,836,531ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$273,397,247NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$15,552,868OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,173CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,380CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,753CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,634CurrentTaxYearMinus1YearAmt
Current Tax Year$7,075CurrentTaxYearAmt
Total$44,015TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,022,797CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,049,400CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$761,999CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$882,299CurrentTaxYearMinus1YearAmt
Current Tax Year$908,477CurrentTaxYearAmt
Total$4,624,972TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,034,970CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,059,780CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$770,752CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$887,933CurrentTaxYearMinus1YearAmt
Current Tax Year$915,552CurrentTaxYearAmt
Total$4,668,987TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,668,987PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,282CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,248CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,946CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,838CurrentTaxYearMinus1YearAmt
Current Tax Year$19,771CurrentTaxYearAmt
Total$66,085TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,282CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,248CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,946CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,838CurrentTaxYearMinus1YearAmt
Current Tax Year$19,771CurrentTaxYearAmt
Total$66,085TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,046,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,072,028CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$781,698CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$899,771CurrentTaxYearMinus1YearAmt
Current Tax Year$935,323CurrentTaxYearAmt
Total$4,735,072TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.9860PublicSupportCY509Pct
Public Support PY5090.9887PublicSupportPY509Pct
Investment Income CY0.01InvestmentIncomeCYPct
Investment Income PY0.01InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part III SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBED IN SECTION 509 (A)(2)FormAndLineReferenceDesc
ExplanationPART III SCHEDULE A WAS COMPLETED IN THOUSANDS. PLEASE NOTE THAT THERE WAS NO IMPACT TO THE RESULTING PERCENTAGE COMPUTED.ExplanationTxt

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 C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (true)VolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsYes (true)GrantsOtherOrganizationsInd
Grants Other Organizations$137,500GrantsOtherOrganizationsAmt
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$1,814,145DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$1,951,645TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationCollege Board contacts legislators and their staff to provide data and statistics on K-12 education and college admissions and to encourage them to support appropriations for education.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$37,387,189InvestmentCostOrOtherBasisAmt
Depreciation-$1,325,640DepreciationAmt
Book Value$38,712,829BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$103,430,115InvestmentCostOrOtherBasisAmt
Depreciation$57,246,759DepreciationAmt
Book Value$46,183,356BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$8,867,592InvestmentCostOrOtherBasisAmt
Depreciation-$980,017DepreciationAmt
Book Value$9,847,609BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$94,743,794TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmt
NONPUBLICLY TRADED SECURITIES$45,773,062
PARTNERSHIPS$900,410,598
FieldValueIRS element (for citing)
Total Book Value Securities$946,183,660TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Retirement plan assets & Prepaid Deposits$6,775,870
Right of Use Assets, Net of Accumulative Amortization$178,089,622
FieldValueIRS element (for citing)
Total Book Value Other Assets$184,865,492TotalBookValueOtherAssetsAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$758,060,283TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$273,397,247NetUnrealizedGainsInvstAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported-$273,397,247RevenueNotReportedAmt
Revenue Subtotal$1,031,457,530RevenueSubtotalAmt
Investment Expenses Not Incld$11,052,474InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$2,306,906OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$8,745,568RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,040,203,098TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$885,620,999TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$885,620,999ExpensesSubtotalAmt
Investment Expenses Not Incld2$11,052,474InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$2,306,906OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$8,745,568ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$894,366,567TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteDeferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. College Board recognizes in the financial statements only those tax positions determined to be more likely than not of being sustained upon examination, based on the technical merits of the positions under the presumption that the taxing authorities have full knowledge of all relevant facts. College Board's determination of which tax positions are more likely than not of being sustained requires the use of significant judgments and estimates by management, which may or may not be borne out by actual results. As of December 31, 2022 and 2021, College Board had no reserves for uncertain tax provisions.
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsLOSS FROM SUBLEASES NETTED AGAINST RENT EXPENSE IN FINANCIAL STATEMENTS - -2306906
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsLOSS FROM SUBLEASES NETTED AGAINST RENT EXPENSE IN FINANCIAL STATEMENTS - -2306906

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (19 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCnt
East Asia and the PacificProgram ServicesTESTING$388,474
Europe (Including Iceland and Greenland)Program ServicesTESTING$1,906,563
Middle East and North AfricaProgram ServicesTESTING$851,819
North America (Canada & Mexico only)Program ServicesEDUCATIONAL CONFERENCES$10,4641
South AmericaProgram ServicesTESTING$20,661
South AsiaProgram ServicesWORKSHOPS$18,723
Central America and the CaribbeanInvestments$217,794,430
Europe (Including Iceland and Greenland)Investments$3,145,639
North America (Canada & Mexico only)Investments$1,259,529
Sub-Saharan AfricaProgram ServicesTESTING$191,342
East Asia and the PacificProgram ServicesWorkshops$11,983
Europe (Including Iceland and Greenland)Program ServicesEducational Conferences$8,503
Europe (Including Iceland and Greenland)Program ServicesWorkshops$22,331
Middle East and North AfricaProgram ServicesWorkshops$19,220
North America (Canada & Mexico only)Program ServicesWorkshops$3,602
South AmericaProgram ServicesWorkshops$544
North America (Canada & Mexico only)Program ServicesTESTING$968,785
Central America and the CaribbeanProgram ServicesTESTING$214,403
Central America and the CaribbeanProgram ServicesWORKSHOPS$11,092
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$225,653,827SubtotalSpentAmt
Continuation Spent$1,194,280ContinuationSpentAmt
Total Spent$226,848,107TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual,; EAST ASIA AND THE PACIFIC-Accrual,; EUROPE (INCLUDING ICELAND AND GREENLAND)-,Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual,; NORTH AMERICA (CANADA & MEXICO ONLY)-,Accrual; SOUTH AMERICA-Accrual,; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-AccrualExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (37 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
CALIFORNIA COUNTY SUPERINTENDENTS EDUCATIONAL SERVICES ASSOCIATION
1121 L STREETSACRAMENTOCA95814680132885501c3$14,583MEMBERSHIP
COUNCIL OF CHIEF STATE SCHOOL OFFICERS
ONE MASSACHUSETTS AVE NWWASHINGTONDC20001530198090501c3$16,366SPONSORSHIP
FLORIDA ASSOCIATION OF DISTRICT SCHOOL SUPERINTENDENTS
208 SOUTH MONROE STTALLAHASSEEFL32301237017835501c6$15,000SPONSORSHIP
FOUNDATION FOR EXCELLENCE IN EDUCATION INC
215 SOUTH MONROE STTALLAHASSEEFL32301260615175501c3$50,000SPONSORSHIP
ILLINOIS PRINCIPALS ASSOCIATION
2940 BAKER DRIVESPRINGFIELDIL627035901362739730501c6$10,000MEMBERSHIP
JAMES B HUNT JR INSTITUTE FOR EDUCATIONAL LEADERSHIP AND POLICY FOUNDATION
4000 CENTREGREEN WAYCARYNC27513800025367501c3$34,615MEMBERSHIPINC
MARCH ON WASHINGTON FILM FESTIVAL
1341 G STREET NWWASHINGTONDC20005464604132501c3$10,000MEMBERSHIP
MICHIGAN ASSOCIATION OF SCHOOL ADMINISTRATORS AND SUPERINTENDENTS
1001 CENTENNIAL WAYLANSINGMI48917382368358501c3$7,000MEMBERSHIP
MILITARY CHILD EDUCATION COALITION
909 MTN LION CIRHARKER HEIGHTSTX76548742889416501c3$30,000SPONSORSHIP
PBC KVIE
2030 W EL CARMINO AVENUESACRAMENTOCA95833941421463501c3$7,500SPONSORSHIP
SAVE THE CHILDREN FEDERATION INC
501 KINGS HIGHWAY EASTFAIRFIELDCT06824060726487501c3$64,502GENERAL OPERATING SUPPORT
NATIONAL COLLEGE ATTAINMENT NETWORK
6218 GEORGIA AVE NWWASHINGTONDC200115125311793562501c3$21,200SPONSORSHIP
AMERICAN ASSOCIATION OF COLLEGIATE REGISTRARS AND ADMISSIONS OFFICERS
1108 16TH ST NWWASHINGTONDC20036522274900501c3$8,000SPONSORSHIP
ASSOCIATION FOR THE ADVANCEMENT OF INTERNATIONAL EDUCATION
15 ROSZEL ROADPRINCETONNJ08540237168267501c3$10,000SPONSORSHIP
AMERICAN SCHOOL COUNSELORS ASSOCIATIONS
1101 KING STALEXANDRIAVA22314510237968501c3$25,000SPONSORSHIP
NEW YORK STATE COUNCIL OF SCHOOL SUPERINTENDENTS
7 ELK STREET 3RD FLALBANYNY12207146046622501c6$5,150SPONSORSHIP
NALEO EDUCATIONAL FUND
1122 W WASHINGTON BLVD 3RD FLLOS ANGELESCA90015521212849501c3$15,000SPONSORSHIP
THE BOTTOM LINE INC
500 AMORY STJAMAICA PLAINMA02130043351427501c3$10,000SPONSORSHIP
TEXAS ASSOCIATION OF SCHOOL ADMINISTRATORS
406 EAST 11TH STREETNEW YORKNY10009741540525501c3$25,000SPONSORSHIP
NATIONAL SCHOLARSHIP PROVIDERS ASSOCIATION
2222 14TH STBOULDERCO80302364280502501c3$10,000SPONSORSHIP
MICHIGAN ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS
1001 CENTENNIAL WAYLANSINGMI48917381624760501c3$9,000SPONSORSHIP
CALIFORNIA STATE PTA
2327 L STSACRAMENTOCA95816951683870501c3$10,000SPONSORSHIP
WEST VIRGINIA ASSOCIATION OF SCHOOL ADMINISTRATORS
100 ANGUS PEYTON DRIVESOUTH CHARLESTONWV25303900626360501c3$5,250SPONSORSHIP
MICHIGAN ASSOCIATION OF SCHOOL ADMINISTRATORS AND SUPERINTENDENTS
1001 CENTENNIAL WAYLANSINGMI48917381613620501c3$7,000SPONSORSHIP
STATE HIGER EDUCATION EXECUTIVE OFFICERS
3035 CENTER GREEN DRIVEBOULDERCO803012205237167258501c3$10,000SPONSORSHIP
WESTERN INTERSTATE COMMISSION FOR HIGHER EDUCATION
3035 CTR GREENBOULDERCO80301846008945501c3$10,000SPONSORSHIP
STEPPINGSTONE FOUNDATION INC
155 FEDERAL STREET STREETBOSTONWA02110043086666501c3$10,000SPONSORSHIP
AMERICAN COUNCIL ON THE TEACHING OF FOREIGN LANGUAGES INC
1001 N FAIRFAX STREETALEXANDRIAVA22314132780784501c3$15,000SPONSORSHIP
NATIONAL COUNCIL OF TEACHERS OF ENGLISH
1111 W KENYON RDURBANAIL61801370715886501c3$6,500SPONSORSHIP
NEW YORK LAWYERS FOR THE PUBLIC STREET INC
151 WEST 30TH STREET 11TH FLNEW YORKNY10001132860703501c3$10,000SPONSORSHIP
THE EDUCATION TRUST INC
1250 H STREET NWWASHINGTONDC20005521982223501c3$10,000SPONSORSHIP
NATIONAL COLLEGE ADVISING CORPS INC
301 W BARBEE CHAPEL ROADRALEIGHNC27517461192687501c3$10,000GENERAL OPERATING SUPPORT
BRAVEN INCORPORATED
1046 WEST KINZIE STREETCHICAGOIL60642464340594501c3$7,500GENERAL OPERATING SUPPORT
MASS INSIGHT EDUCATION AND RESEARCH INSTITUTE INC
69 CANAL STREET 3RD FLOORBOSTONMA02114043369687501c3$50,000SPONSORSHIP
INSTITUTE FOR CITIZENS & SCHOLARS
104 CARNEGIE CENTER DRIVEPRINCETONNJ08540210703075501c3$50,000SPONSORSHIP
THE ONESTAR FOUNDATION
9011 MTN RIDGE DRAUSTINTX78959200166368501c3$5,425GENERAL OPERATING SUPPORT
VICTIMS FIRST INC
4195 CHINO HILLS PLWYCHINO HILLSCA91709320656956501c3$5,625GENERAL OPERATING SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org34Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
AP SUMMER INSTITUTE SCHOLARSHIPS FOR TEACHERS415$272,590
BIGFUTURE SCHOLARSHIPS4228$4,122,145
AP COMPUTER SCIENCE AWARDS66$8,798
RIVETING RESULTS, LLC SPONSORSHIPS2$15,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationCOLLEGE BOARD MAINTAINS ACCURATE RECORDS OF THE AMOUNTS OF GRANTS IN ACCORDANCE WITH GAAP, DOCUMENTS SELECTION CRITERIA AND ELIGIBILITY, AND MONITORS USE OF GRANT FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID COLEMAN
CEO/TRUSTEE$892,250$0$855,000$0$79,696$0$289,650$0$25,981$0$2,142,577$0$0$0
MARTHA STRATIS
CHIEF ACCOUNTING OFFICER AND TREASURER$297,458$0$44,799$0$683$0$38,669$0$0$0$381,609$0$0$0
PETER SCHWARTZ
CHIEF RISK OFFICER & GENERAL COUNSEL$457,699$0$90,000$0$47,347$0$39,650$0$2,156$0$636,852$0$0$0
JEREMY SINGER
PRESIDENT$754,934$0$925,926$0$90,086$0$39,650$0$18,137$0$1,828,733$0$750,000$0
JAMES MONTOYA
SEC'Y & CHIEF OF MEMBERSHIP, GOVERNANCE, & GLOBAL HIGHER ED$449,104$0$83,000$0$25,538$0$39,650$0$11,331$0$608,623$0$0$0
STEFANIE SANFORD
CHIEF OF GLOBAL POLICY, ADVOCACY & COMMUNICATIONS$460,111$0$90,000$0$22,573$0$39,650$0$8,592$0$620,926$0$0$0
JEFF OLSON
Chief Data Officer and SVP, Technology Strategy$469,714$0$85,000$0$38,342$0$39,650$0$28,612$0$661,318$0$0$0
DANIELA BERGER POLLACK
CHIEF FINANCIAL OFFICER$408,932$0$60,000$0$984$0$30,500$0$1,493$0$501,909$0$0$0
TREVOR PACKER
SVP, AP PROGRAMS$471,940$0$105,000$0$23,296$0$39,650$0$9,613$0$649,499$0$0$0
PRISCILLA RODRIGUEZ
Vice President, College Readiness Assessments$301,944$0$79,049$0$317$0$30,500$0$23,514$0$435,324$0$0$0
TARLIN RAY
Senior vice president, bigfuture$383,564$0$60,000$0$624$0$30,500$0$26,169$0$500,857$0$0$0
JOHN MCGRATH
Chief Communications & Marketing Officer$410,608$0$90,000$0$21,911$0$39,650$0$27,945$0$590,114$0$0$0
ELISSA KIM
SVP, Global Strategy and Talent$391,974$0$72,500$0$9,489$0$30,500$0$7,386$0$511,849$0$0$0
JASON MANOHARAN
VP, AP program development$345,720$0$81,793$0$364$0$39,650$0$25,981$0$493,508$0$0$0
AUDITI CHAKRAVARTY
SVP, Learning and Assessment$360,602$0$71,000$0$8,582$0$39,650$0$10,172$0$490,006$0$0$0
STEVE BUMBAUGH
SVP, COLLEGE, CAREER, AND DIGITAL ACCESS$403,856$0$70,000$0$29,626$0$39,650$0$15,812$0$558,944$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a First-class or charter travelFIRST CLASS TRAVEL IS USED BY 3 OFFICERS, THE EXECUTIVE LEADERSHIP COMMITTEE AND THE VP OF INTERNATIONAL AND IS EXCLUDED FROM TAXABLE COMPENSATION IN ACCORDANCE WITH IRC SEC. 274.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planDeferred compensation reported in the bonus & incentive compensation paid column (Sch J, Part II, Column B II) was paid out to the following: Jeremy Singer $750,000 Deferred Compensation was accrued but not paid to the following: David Coleman $250,000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ 40,359,510 including grants of $ 835,791)(Revenue $ 19,136,093) Other Services Research and Advocacy - College Board's Research and Advocacy efforts are related primarily to the areas of college preparation and access, college affordability and financial aid, college admissions and completion, and the importance of teachers and school counselors. Membership - College Board works to strengthen relationships among members to achieve our shared goals through programs, services, and large-scale conferences, and seeks to foster community, expand knowledge, and enhance the education profession. Puerto Rico and Latin America - College Board Puerto Rico and Latin America develops programs and services specially designed for populations whose vernacular is Spanish and appropriate to the educational conditions of Latin America. These programs are aimed at systematizing the university evaluation and admissions processes, strengthening academic and personal orientation, and promoting educational excellence. ****
Form 990, Part VI, Line 6 Classes of members or stockholdersCollege Board is a membership corporation chartered by the NYS Board of Regents whose members are institutions, systems, organizations and agencies engaged in or serving post-secondary/higher and secondary education and working to support preparation for and transition to post-secondary /higher education.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyMembers elect 30 of the 31 members of the governing body, the Board of Trustees, by appointing delegates who represent them at meetings of College Board, Regional Assemblies, and National Assemblies as follows: 9 Trustees are elected by 6 Regional Assemblies, 6 Trustees are elected by 3 National Assemblies, and 15 Trustees are elected at-large nationally. The CEO is appointed by the Trustees.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersIf the governing board proposes an amendment of the corporate Charter or bylaws, a two-thirds vote of the members is required to approve the proposed amendment. Members may also suspend the Bylaws with a unanimous vote when a quorum is present at a meeting.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe 990 is reviewed by College Board's public accounting firm, the Chief Accounting Officer & Treasurer, members of the senior management team, and the Audit Advisory Committee of the Board of Trustees before it is provided to the Board of Trustees for approval.
Form 990, Part VI, Line 12c Conflict of interest policyAnnual Disclosure Statement - Each year, College Board provides the Trustees, Officers, and Executive Directors "College Board Conflict of Interest and Related Party Transaction Policy (Conflict of Interest Policy) requires them to sign annual disclosure statements, which are reviewed by College Board Offices of the Secretary and General Counsel. College Board Conflict of Interest Policy requires employees to report actual and potential conflicts in writing. A violation will result in immediate discipline, up to and including removal from the position or termination of employment. An Internet based ethics and compliance reporting system and a call center are also available for both employees and non-employees to raise concerns in an anonymous and confidential manner. Reports submitted are reviewed by College Board Office of the General Counsel.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialThe process for determining compensation for the organization's officers and top management is modeled after the requirements in the IRS Code Section 4958 to establish the presumption of reasonable compensation. Compensation was reviewed and recommended in advance of being paid by the Trustee Committee on Human Resources and Compensation and then approved by the Trustee Executive Committee. Both Committees are comprised of individuals who have no conflict of interest. Each year, the Trustee Committee on Human Resources and Compensation engages an independent third-party executive compensation consultant who provides comparable market data. The last year this data was provided is 2022. The compensation of the officers and top management is determined based on the market data. The Trustee Committee on Human Resources and Compensation conducted a review of the comparability data and documented its discussion and decisions in minutes that are retained with the organization's other governance materials.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesThe process for determining compensation for the organization's officers and top management is modeled after the requirements in the IRS Code Section 4958 to establish the presumption of reasonable compensation. Compensation was reviewed and recommended in advance of being paid by the Trustee Committee on Human Resources and Compensation and then approved by the Trustee Executive Committee. Both Committees are comprised of individuals who have no conflict of interest. Each year, the Trustee Committee on Human Resources and Compensation engages an independent third-party executive compensation consultant who provides comparable market data. The last year this data was provided is 2022. The compensation of the officers and top management is determined based on the market data. The Trustee Committee on Human Resources and Compensation conducted a review of the comparability data and documented its discussion and decisions in minutes that are retained with the organization's other governance materials.
Form 990, Part VI, Line 19 Required documents available to the publicCollege Board complies with all laws requiring public disclosure of governing documents, conflict of interest policies, and financial statement reporting. College Board's Bylaws, Charter, and Assembly Governance Plans are available at collegeboard.org.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesRelease of Temporarily Restricted Net Assets - 2435337; Post Retirement Benefits - 13117531;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1College Board Holding LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 Vesey StAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10281ZIPCd
FieldValueIRS element (for citing)
EIN832537198EIN
Primary ActivitiesHolding CompanyPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
End Of Year Assets$3,055EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1College BoardBusinessNameLine1Txt

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1College Board India Global Alliance LLPBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line11-2 Level Crescent BuildingAddressLine1Txt
CityLado Sarai MehrauliCityNm
Province Or StateNew Delhi, DelhiProvinceOrStateNm
CountryINCountryCd
Foreign Postal110030ForeignPostalCd
FieldValueIRS element (for citing)
Primary ActivitiesMarketingPrimaryActivitiesTxt
Legal Domicile Foreign CountryINLegalDomicileForeignCountryCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1College BoardBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRelatedPredominantIncomeTypeTxt
Share Of Total Income$457,559ShareOfTotalIncomeAmt
Share Of EOY Assets$540,222ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerYes (true)GeneralOrManagingPartnerInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1College Board India Global Alliance LLPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$462,181InvolvedAmt
Method Of Amount DeterminationAccrualMethodOfAmountDeterminationTxt