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NATIONAL STUDENT CLEARINGHOUSE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NATIONAL STUDENT CLEARINGHOUSE (EIN 52-1836384)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-04-28
IRS object ID
202231189349302128
Schema version
2020v4.2
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)
Return2022-04-28T19:39:24-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN366055558PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11000 WILSON BOULEVARD SUITE 1400AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22209ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521836384EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL STUDENT CLEARINGHOUSEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone7037424200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 DULLES STATION BLVD NO 220AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201716350ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL KETCHAMPersonNm
Person TitleCFOPersonTitleTxt
Phone7037424200PhoneNum
Signature2022-04-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastKETCHAMPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY TORRETTAPreparerPersonNm
PTINP00847851PTIN
Phone7038477500PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRICARDO TORRESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 DULLES STATION BLVD NO 220AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201716350ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$88,561,405GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.STUDENTCLEARINGHOUSE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO SERVE EDUCATION & WORKFORCE COMMUNITIES WITH TRUSTED DATA, RELATED SERVICES & INSIGHTS.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee369TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$1,978TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$12,319NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$64,717,411PYProgramServiceRevenueAmt
CY Program Service Revenue$76,363,978CYProgramServiceRevenueAmt
PY Investment Income$220,569PYInvestmentIncomeAmt
CY Investment Income$1,992,282CYInvestmentIncomeAmt
PY Other Revenue$1,653,756PYOtherRevenueAmt
CY Other Revenue$2,224,959CYOtherRevenueAmt
PY Total Revenue$66,591,736PYTotalRevenueAmt
CY Total Revenue$80,581,219CYTotalRevenueAmt
PY Grants And Similar Paid$75,488PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$42,871CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$40,328,432PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$42,372,763CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$27,582,279PYOtherExpensesAmt
CY Other Expenses$27,376,651CYOtherExpensesAmt
PY Total Expenses$67,986,199PYTotalExpensesAmt
CY Total Expenses$69,792,285CYTotalExpensesAmt
PY Revenues Less Expenses-$1,394,463PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,788,934CYRevenuesLessExpensesAmt
Total Assets BOY$52,958,390TotalAssetsBOYAmt
Total Assets EOY$70,565,470TotalAssetsEOYAmt
Total Liabilities BOY$28,683,977TotalLiabilitiesBOYAmt
Total Liabilities EOY$33,493,094TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,274,413NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$37,072,376NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF NATIONAL STUDENT CLEARINGHOUSE IS TO SERVE THE EDUCATION AND WORKFORCE COMMUNITIES AND ALL LEARNERS WITH ACCESS TO TRUSTED DATA, RELATED SERVICES, AND INSIGHTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$20,151,615ExpenseAmt
Grant$42,871GrantAmt
Revenue$19,868,722RevenueAmt
DescEDUCATION DATA EXCHANGE SERVICES - SEE SCHEDULE OEDUCATION DATA EXCHANGE SERVICES: ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS, NATIONAL STUDENT CLEARINGHOUSE PROVIDES A CENTRAL AUTHENTICATED DATA EXCHANGE PLATFORM AMONG PARTICIPATING EDUCATIONAL INSTITUTIONS TO MEET THEIR COLLECTIVE NEED FOR THE SECURE AND CONFIDENTIAL TRANSFER AND ACCESS TO ACADEMIC DATA. NATIONAL STUDENT CLEARINGHOUSE PROVIDES A TRANSCRIPT ORDERING PLATFORM, WHICH IS AVAILABLE TO ALL PARTICIPATING INSTITUTIONS, WHICH PROCESSED ORDERS FOR OVER 5.8 MILLION TRANSCRIPTS FROM THE INSTITUTION'S STUDENTS TO: 1) OTHER POST-SECONDARY INSTITUTIONS FOR CONSIDERATION OF STUDENT ENROLLMENT APPLICATIONS. 2) EMPLOYERS SO THAT PARTICIPATING INSTITUTIONS CAN SUPPORT THE TRANSITION OF STUDENTS TO GAINFUL EMPLOYMENT AND PRESERVE THE INTEGRITY OF THE EDUCATION SYSTEM BY ELIMINATING FRAUD.3) ADMISSIONS OFFICERS WHO HAVE A SIGNED STUDENT CONSENT MEETING THE FERPA CONSENT REQUIREMENTS TO ORDER TRANSCRIPTS FOR THEIR INSTITUTION'S ADMITTED STUDENTS AND APPLICANTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,399,813ExpenseAmt
Grant$0GrantAmt
Revenue$594,768RevenueAmt
DescENROLLMENT REPORTING SERVICES - SEE SCHEDULE OENROLLMENT REPORTING SERVICES: ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS ENROLLING 97% OF THE U.S. STUDENT POPULATION, NATIONAL STUDENT CLEARINGHOUSE COMPLETED ALL REQUIRED STUDENT LOAN ENROLLMENT VERIFICATION ACTIVITIES. ALL RELATED STUDENT VERIFICATION RECORDS WERE REPORTED TO THE U.S. DEPARTMENT OF EDUCATION, ALL STATE AND NON-PROFIT GUARANTEE AGENCIES, AND THE STUDENT LOAN SERVICING ORGANIZATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$14,409,371ExpenseAmt
Grant$0GrantAmt
Revenue$41,491,037RevenueAmt
DescDEGREE VERIFICATION SERVICES - SEE SCHEDULE ODEGREE VERIFICATION SERVICES: ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS AND FOR THE PURPOSE OF PRESERVING THE INTEGRITY OF THE EDUCATION SYSTEM BY ENHANCING THE ACCURACY OF EDUCATION INFORMATION AND ELIMINATING FRAUD, NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED TO MAINTAIN A COMPREHENSIVE DEGREE DATABASE AND IS AUTHORIZED AS THEIR AGENT TO PROVIDE LIMITED ACCESS IN THE PORTIONS OF THESE DATA VERIFYING DEGREE ATTAINMENT FOR: 1) OTHER POST-SECONDARY INSTITUTIONS AND HIGHER EDUCATION ORGANIZATIONS SO THAT THEY COULD COMPLY WITH THE U.S. DEPARTMENT OF EDUCATION MANDATED PERFORMANCE REPORTING. 2) EMPLOYERS SO THAT INSTITUTIONS CAN SUPPORT THE TRANSITION OF STUDENT AND GRADUATES TO GAINFUL EMPLOYMENT. 3) PROVIDERS OF BENEFITS TO GRADUATES DEPENDENT ON GRADUATE STATUS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$8,933,103ExpenseAmt
Grant$0GrantAmt
Revenue$16,617,054RevenueAmt
DescRESEARCH SERVICES:ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS, NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED TO MAINTAIN A DATABASE OF THE COLLEGE ENROLLMENT AND DEGREE DATA FOR APPROXIMATELY 3,600 PARTICIPATING COLLEGES AND UNIVERSITIES WHICH ENABLES ADMINISTRATORS AT HIGH SCHOOLS, COLLEGES AND UNIVERSITIES, AND OTHER EDUCATION ORGANIZATIONS TO ACCESS STUDENT DATA TO PERFORM EDUCATIONAL RESEARCH AND ANALYSES. RESEARCH SERVICES ALSO PERFORMS ANALYSIS ON THESE DATA BASED ON CUSTOMER-DEFINED REQUIREMENTS TO FURTHER THE ASSESSMENTS MADE REGARDING THE SUCCESS OF VARIOUS ACADEMIC PROGRAMS AT THE LOCAL, STATE, AND NATIONAL LEVELS; ENABLE MANDATORY STATE AND FEDERAL OUTCOMES REPORTING; AND FACILITATE IMPROVEMENT TO THE QUALITY OF THE K-20 EDUCATION SYSTEM.ENROLLMENT VERIFICATION SERVICES:ON BEHALF OF PARTICIPATING POST- SECONDARY INSTITUTIONS, NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED TO MAINTAIN A COMPREHENSIVE ENROLLMENT DATABASE AND IS AUTHORIZED AS THEIR AGENT TO PROVIDE LIMITED ACCESS IN THE PORTIONS OF THESE DATA VERIFYING STUDENT RECORDS TO PROVIDERS OF BENEFITS TO STUDENTS AND GRADUATES DEPENDENT ON ENROLLMENT STATUS TO PRESERVE THE INTEGRITY OF THE EDUCATION SYSTEM BY ELIMINATING FRAUD.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$8,933,103TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$16,617,054TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$49,893,902TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document31IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee369EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
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 BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL KETCHAMPersonNm
Phone7037424200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 DULLES STATION BLVD NO 220AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201716350ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MR VINCENT GRIMARD
DIRECTOR1.000.00Yes (X)$0$0$0
MS MARY KENNARD-SMITH
DIRECTOR1.001.00Yes (X)$0$0$0
MR PATRICK PERRY
DIRECTOR1.000.00Yes (X)$0$0$0
MR PAUL ROBINSON
DIRECTOR1.000.00Yes (X)$0$0$0
DR MONTY SULLIVAN
DIRECTOR1.001.00Yes (X)$0$0$0
DR R EILEEN BACCUS
DIRECTOR1.001.00Yes (X)$0$0$0
DR ANNE BRYANT
DIRECTOR1.001.00Yes (X)$0$0$0
DR DEBRA CHROMY
DIRECTOR1.000.00Yes (X)$0$0$0
MR MICHAEL COLLINS
DIRECTOR1.001.00Yes (X)$0$0$0
MR ROBERT FITZGERALD
DIRECTOR1.000.00Yes (X)$0$0$0
DR BARBARA BRITTINGHAM
DIRECTOR1.000.00Yes (X)$0$0$0
MS KATHLEEN MCNEELY
DIRECTOR1.000.00Yes (X)$0$0$0
DR A HOPE WILLIAMS
DIRECTOR1.001.00Yes (X)$0$0$0
DR VAN TON-QUINLIVAN
DIRECTOR1.000.00Yes (X)$0$0$0
DR CARISSA MOFFAT MILLER
DIRECTOR1.000.00Yes (X)$0$0$0
RICARDO D TORRES
PRESIDENT AND CEO40.000.00$953,232$0$225,488Yes (X)
MICHAEL KETCHAM
VP & CHIEF FIN OFC, TREASURER35.005.00$379,176$0$26,542Yes (X)
MARY CHAPIN
VP & CHIEF LEGAL OFC, CORP SEC35.005.00$371,283$0$26,251Yes (X)
LAWRENCE HATCH
VP, INDUSTRY & WORKFORCE SERV40.000.00$339,476$0$49,325Yes (X)
DOUGLAS FALK
VP & CHIEF INFORMATION OFFICER40.000.00$348,863$0$30,115Yes (X)
GEORGE LEVATHES
VP, COMPLIANCE & EDUCATION40.000.00$314,584$0$48,016Yes (X)
BRIDGET SEDLOCK
CHIEF PEOPLE OFFICER40.000.00$333,181$0$26,325Yes (X)
ROBERTA HYLAND
CHIEF DATA OFFICER40.000.00$315,305$0$39,971Yes (X)
JOSE CARRERAS
VP, EDUCATION SOLUTIONS40.000.00$268,908$0$32,599Yes (X)
DR DOUGLAS SHAPIRO
EXECUTIVE RESEARCH DIRECTOR5.0035.00$288,957$0$22,830Yes (X)
CHRISTINE COLE
DIRECTOR, SALES & BUS. DEVELOPMENT40.000.00$320,526$0$44,843Yes (X)
JOHN RAMSEY
EXEC DIR CISO40.000.00$295,914$0$43,868Yes (X)
DAVID G LANDRY
EXECUTIVE DIRECTOR & CHIEF TEC40.000.00$295,702$0$42,537Yes (X)
THOMAS BURKE
SENIOR DIRECTOR, IT40.000.00$267,750$0$47,390Yes (X)
PHILLIP SMITH
SR MANAGER, SECONDARY EDUCATION40.000.00$248,466$0$45,828Yes (X)
JONELL SANCHEZ
FORMER, VP OF EDUCATION SERVICES0.000.00$187,625$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$5,528,948TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$751,928TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K171IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GSDS GROUP INC
2600 TOWER OAKS BLVD SUITE 700ROCKVILLEMD20852IT CONSULTING$1,429,428
NEOVERA INC
PO BOX 418615BOSTONMA02241IT CONSULTING$480,935
IBM CORPORATION
500 FIRST AVENUEPITTSBURGHPA15219IT CONSULTING$405,740
ADDISON GROUP
7076 SOLUTIONS CENTERCHICAGOIL60677IT CONSULTING$339,442
MIKLOS SYSTEMS INC
10300 EATON PLACE SUITE 300FAIRFAXVA22030IT CONSULTING$336,357
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
DEGREE VERIFICATION SERVICES518210$41,493,015$41,491,037$1,978
EDUCATION DATA EXCHANGE SERVICES518210$19,868,722$19,868,722
RESEARCH SERVICES518210$10,609,803$10,609,803
ENROLLMENT VERIFICATION SERVICES518210$3,797,670$3,797,670
ENROLLMENT REPORTING SERVICES518210$594,768$594,768
FieldValueIRS element (for citing)
Total Program Service Revenue$76,363,978TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$318,106TotalRevenueColumnAmt
Exclusion$318,106ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$9,654,362SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$7,980,186SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,674,176SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,674,176TotalRevenueColumnAmt
Exclusion$1,674,176ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
SUPPORTING SERVICES999999$2,209,581$2,209,581
MISCELLANEOUS REVENUE999999$15,378$15,378
FieldValueIRS element (for citing)
Other Revenue Total$2,224,959OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$80,581,219TotalRevenueColumnAmt
Related Or Exempt Func Income$78,571,581RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,978UnrelatedBusinessRevenueAmt
Exclusion$2,007,660ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$42,871TotalAmt
Program Services$42,871ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,093,255TotalAmt
Program Services$4,569,941ProgramServicesAmt
Management And General$1,523,314ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$27,662,175TotalAmt
Program Services$19,189,642ProgramServicesAmt
Management And General$8,472,533ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,851,283TotalAmt
Program Services$1,388,462ProgramServicesAmt
Management And General$462,821ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,175,140TotalAmt
Program Services$2,748,514ProgramServicesAmt
Management And General$1,426,626ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,590,910TotalAmt
Program Services$1,906,467ProgramServicesAmt
Management And General$684,443ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$464,065TotalAmt
Program Services$354,367ProgramServicesAmt
Management And General$109,698ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$99,902TotalAmt
Management And General$99,902ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$81,988TotalAmt
Management And General$81,988ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,059,214TotalAmt
Program Services$2,864,391ProgramServicesAmt
Management And General$3,194,823ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$455,849TotalAmt
Program Services$455,849ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,935,425TotalAmt
Program Services$1,764,624ProgramServicesAmt
Management And General$170,801ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,959,228TotalAmt
Program Services$5,013,738ProgramServicesAmt
Management And General$1,945,490ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,900,121TotalAmt
Program Services$1,411,254ProgramServicesAmt
Management And General$488,867ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$18,569TotalAmt
Program Services$12,203ProgramServicesAmt
Management And General$6,366ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$291,241TotalAmt
Program Services$192,198ProgramServicesAmt
Management And General$99,043ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$55,130TotalAmt
Management And General$55,130ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,258,910TotalAmt
Program Services$1,662,157ProgramServicesAmt
Management And General$596,753ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$458,298TotalAmt
Program Services$340,386ProgramServicesAmt
Management And General$117,912ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BANK & CREDIT CARD FEES$2,935,078$2,879,432$55,646
OTHER MISCELLANEOUS$2,897,504$2,859,797$37,707
PERSONNEL & DEVELOPMENT$324,530$237,609$86,921
STRATEGIC INITIATIVES$181,599$181,599

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$69,792,285TotalAmt
Program Services$49,893,902ProgramServicesAmt
Management And General$19,898,383ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,621,805BOYAmt
EOY$4,164,344EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,664,032BOYAmt
EOY$12,212,532EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,642,893BOYAmt
EOY$6,946,779EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,300,722LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,408,586LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,203,829BOYAmt
EOY$6,892,136EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,380,043BOYAmt
EOY$22,772,368EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

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

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$239,584BOYAmt
EOY$177,083EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,206,204BOYAmt
EOY$17,400,228EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$52,958,390BOYAmt
EOY$70,565,470EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,169,560BOYAmt
EOY$20,173,619EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,118,994BOYAmt
EOY$5,553,176EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,783,971BOYAmt
EOY$203,722EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,611,452BOYAmt
EOY$7,562,577EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,683,977BOYAmt
EOY$33,493,094EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,274,413BOYAmt
EOY$37,072,376EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,274,413BOYAmt
EOY$37,072,376EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$52,958,390BOYAmt
EOY$70,565,470EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,788,934ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,009,029NetUnrlzdGainsLossesInvstAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,411,614OtherCostOrOtherBasisAmt
Depreciation$1,334,223DepreciationAmt
Book Value$3,077,391BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$109,312OtherCostOrOtherBasisAmt
Depreciation$81,324DepreciationAmt
Book Value$27,988BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,779,796OtherCostOrOtherBasisAmt
Depreciation$32,993,039DepreciationAmt
Book Value$3,786,757BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$6,892,136TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
DUE FROM NSCRC$16,404,592
OTHER ASSETS$836,439
SECURITY DEPOSITS$144,623
INTEREST RECEIVABLE$14,574
FieldValueIRS element (for citing)
Total Book Value Other Assets$17,400,228TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT$5,610,331
CONTINGENT LIABILITY$1,952,246
FieldValueIRS element (for citing)
Total Liability$7,562,577TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationLIABILITY FOR UNCERTAIN TAX POSITIONS: THE CLEARINGHOUSE HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRED RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM
265 SOUTH FOSTER DRIVEBATON ROUGELA70806205432053501(C)(3)$13,000IN HONOR OF BOARD MEMBER DR. MONTY SULLIVAN
THE AMISTAD CENTER FOR ART & CULTURE
600 MAIN STREETHARTFORDCT06103222849122501(C)(3)$6,000IN HONOR OF BOARD MEMBER DR. EILEEN BACCUS
THE FISK FUND
1000 17TH AVE NNASHVILLETN37208620202000501(C)(3)$10,000IN HONOR OF BOARD MEMBER DR. EILEEN BACCUS
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:PROCEDURE FOR MONITORING USE OF GRANTS: EDUCATIONAL INSTITUTIONS MUST BE PRIMARY, SECONDARY OR HIGHER EDUCATION INSTITUTIONS OR A SCHOLARSHIP PROGRAM MANAGED BY A NON-PROFIT ORGANIZATION. CHARITABLE ORGANIZATIONS MUST BE RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS TAX-EXEMPT AND DESIGNATED A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE IRS CODE OR AS AN INSTRUMENTALITY OF A STATE OR LOCAL GOVERNMENT AS PROVIDED BY 170(C)(1) OF THE CODE. IT IS THE INTENT FOR NATIONAL STUDENT CLEARINGHOUSE TO SUPPORT SECULAR CHARITIES; HOWEVER, CHARITABLE ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS THAT MEET THE ABOVE CRITERIA AND HAVE RELIGIOUS AFFILIATIONS MAY BE INCLUDED. HOUSES OF WORSHIP OR ORGANIZATIONS WHOSE POLICIES VIOLATE NATIONAL STUDENT CLEARINGHOUSE'S NON-DISCRIMINATION POLICIES DO NOT QUALIFY.
SCHEDULE I, PART II, COLUMN (H):PURPOSE OF GRANTS: NSC MADE CONTRIBUTIONS DURING THE YEAR TO THE ORGANIZATIONS LISTED IN PART II IN HONOR AND APPRECIATION OF THE BOARD MEMBERS WHO RETIRED DURING THE YEAR.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

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
RICARDO D TORRES
PRESIDENT AND CEO$496,543$0$225,000$0$231,689$0$198,500$0$26,988$0$1,178,720$0$227,988$0
MICHAEL KETCHAM
VP & CHIEF FIN OFC, TREASURER$315,351$0$60,124$0$3,701$0$24,791$0$1,751$0$405,718$0$0$0
MARY CHAPIN
VP & CHIEF LEGAL OFC, CORP SEC$310,740$0$59,253$0$1,290$0$24,500$0$1,751$0$397,534$0$0$0
LAWRENCE HATCH
VP, INDUSTRY & WORKFORCE SERV$261,186$0$77,000$0$1,290$0$24,375$0$24,950$0$388,801$0$0$0
DOUGLAS FALK
VP & CHIEF INFORMATION OFFICER$286,452$0$60,000$0$2,411$0$5,165$0$24,950$0$378,978$0$0$0
CHRISTINE COLE
DIRECTOR, SALES & BUS. DEVELOPMENT$184,147$0$135,089$0$1,290$0$17,951$0$26,892$0$365,369$0$0$0
GEORGE LEVATHES
VP, COMPLIANCE & EDUCATION$267,173$0$45,000$0$2,411$0$23,164$0$24,852$0$362,600$0$0$0
BRIDGET SEDLOCK
CHIEF PEOPLE OFFICER$278,704$0$53,187$0$1,290$0$22,111$0$4,214$0$359,506$0$0$0
ROBERTA HYLAND
CHIEF DATA OFFICER$264,464$0$50,000$0$841$0$18,519$0$21,452$0$355,276$0$0$0
JOHN RAMSEY
EXEC DIR CISO$257,401$0$37,439$0$1,074$0$21,221$0$22,647$0$339,782$0$0$0
DAVID G LANDRY
EXECUTIVE DIRECTOR & CHIEF TEC$248,071$0$41,859$0$5,772$0$21,278$0$21,259$0$338,239$0$0$0
THOMAS BURKE
SENIOR DIRECTOR, IT$241,414$0$23,925$0$2,411$0$20,402$0$26,988$0$315,140$0$0$0
DR DOUGLAS SHAPIRO
EXECUTIVE RESEARCH DIRECTOR$249,046$0$37,500$0$2,411$0$21,089$0$1,741$0$311,787$0$0$0
JOSE CARRERAS
VP, EDUCATION SOLUTIONS$209,950$0$58,050$0$908$0$16,332$0$16,267$0$301,507$0$0$0
PHILLIP SMITH
SR MANAGER, SECONDARY EDUCATION$94,716$0$153,497$0$253$0$19,761$0$26,067$0$294,294$0$0$0
JONELL SANCHEZ
FORMER, VP OF EDUCATION SERVICES$0$0$0$0$187,625$0$0$0$0$0$187,625$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINES 4A-BSEVERANCE PAYMENT: THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT FOR THE CALENDAR YEAR 2020: JONELL SANCHEZ $187,625 THIS AMOUNT IS REPORTED AS TAXABLE COMPENSATION ON SCHEDULE J, PART II, LINE B(III), OTHER REPORTABLE COMPENSATION. THE FOLLOWING OFFICER PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN 457(F): RICARDO D. TORRES - $170,000 THIS CONTRIBUTION TO THE NONQUALIFIED RETIREMENT PLAN IS PART OF MR. TORRES' TOTAL COMPENSATION AND IS EVALUATED AS PART OF THE BOARD'S PROCEDURES RELATED TO THE REASONABLENESS OF TOTAL COMPENSATION. IT IS INCLUDED IN COLUMN(C) OF SCHEDULE J, PART II. MR. TORRES ALSO RECEIVED A DISTRIBUTION IN THE AMOUNT OF $227,988 FROM THE PLAN DURING THE CURRENT YEAR.
PART I, LINE 5INCENTIVE BONUSES FOR CERTAIN BUSINESS DEVELOPMENT EXECUTIVES, DIRECTORS AND MANAGERS ARE PAID BASED UPON ACHIEVEMENT OF ESTABLISHED SALES ACTIVITY OR PROGRAM REVENUE GOALS. SALES AND REVENUE GOALS ARE ESTABLISHED ANNUALLY. ON A QUARTERLY BASIS, THE ACTUAL SALES ACTIVITY AND PROGRAM SERVICE REVENUE TOTALS ARE COMPARED TO THE GOALS, AND THE INCENTIVE PAYMENT IS CALCULATED AND PAID IN ACCORDANCE WITH THE INCENTIVE AGREEMENT. ALL INCENTIVE PROGRAMS ARE REVIEWED BY THE RESPONSIBLE SENIOR EXECUTIVE WITH SUPPORT BY FINANCE, HUMAN RESOURCES AND LEGAL AS APPROPRIATE.
PART I, LINE 7BONUS AWARDS: BONUSES ARE PAID BASED ON COMPLETION OF GOALS. THE CEO WORKS JOINTLY WITH EACH EXECUTIVE TO SET ANNUAL GOALS. THE EXECUTIVE PREPARES AN ASSESSMENT OF HIS OR HER PERFORMANCE AGAINST THOSE GOALS AT THE END OF THE PERFORMANCE YEAR. THIS ASSESSMENT IS PROVIDED TO THE CEO WHO THEN EVALUATES PERFORMANCE AGAINST THOSE GOALS. THE CEO PRESENTS A RECOMMENDATION TO THE BOARD REGARDING SALARY INCREASE AND BONUS FOR EACH EXECUTIVE FOR THE BOARD TO REVIEW AND APPROVE PRIOR TO PAYMENT, BASED ON THE ASSESSMENT OF PERFORMANCE RELATIVE TO THE SET GOALS. THE VALUE OF ANY BONUSES OR PAY INCREASES ARE EVALUATED AS PART OF THE INDIVIDUAL'S TOTAL COMPENSATION PACKAGE FOR REASONABLENESS BY THE BOARD OF DIRECTORS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2A:FORMS W-3: NSC REPORTED ISSUING 369 FORMS W2 ON ITS 2020 FORM W3; HOWEVER, OF THIS AMOUNT, 72 EMPLOYEES WERE ASSIGNED TO WORK FOR NSC RESEARCH CENTER, A RELATED ENTITY.
FORM 990, PART VI, SECTION A, LINE 1EXECUTIVE COMMITTEE: WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY SHALL BE LIMITED BY RESOLUTION OF THE ENTIRE BOARD OF DIRECTORS; PROVIDED, HOWEVER, THAT NEITHER THE EXECUTIVE COMMITTEE NOR ANY OTHER COMMITTEE SHALL HAVE THE POWER TO AMEND THE ARTICLES OF INCORPORATION OR THESE BYLAWS OF THE CORPORATION, OR TO ELECT OR REMOVE ANY DIRECTOR OR OFFICER, OR TO AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF DIRECTORS (OR COMMITTEE THEREOF) UNLESS BY ITS TERMS SUCH RESOLUTION MAY BE AMENDED OR REPEALED.
FORM 990, PART VI, SECTION A, LINE 4EFFECTIVE JUNE 2021, NATIONAL STUDENT CLEARINGHOUSE AMENDED ITS BYLAWS FOR THE FOLLOWING SIGNIFICANT CHANGES: - PROVIDING THAT IN ALL CASES THE AMENDMENT OR REPEAL OF, OR ADOPTION OF NEW, ARTICLES OF INCORPORATION, SHALL BE BY AFFIRMATIVE VOTE OF MORE THAN 2/3 OF THE DIRECTORS THEN IN OFFICE. - LIMITING BOARD TERMS TO NO MORE THAN THREE TERMS, AND PROVIDING THAT ELECTION TO A THIRD TERM SHALL REQUIRE AN AFFIRMATIVE VOTE OF MORE THAN 2/3 OF THE DIRECTORS THEN IN OFFICE. - UPDATING PROVISIONS REGARDING REMOVAL OF DIRECTORS, BOARD CHAIR AND VICE-CHAIR, AND FOR FILLING VACANCIES THAT RESULT FROM SUCH RESIGNATION OR REMOVAL.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS: FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. IN ACCORDANCE WITH NSC'S POLICY, A COMPLETE FORM 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990 IS REVIEWED BY ALL MEMBERS OF THE BOARD PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY: BOARD MEMBERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRED TO COMPLETE A FORM ACKNOWLEDGING THE POLICY AND DISCLOSING ANY CONFLICTS. THE POLICY INCLUDES A REQUIREMENT THAT ANY NEW CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR BE REPORTED TO THE CHAIRMAN OF THE BOARD. PROCEDURES FOR EVALUATING POTENTIAL CONFLICTS ARE INCORPORATED IN THE POLICY. ANY DIRECTOR WHO MAY BE INVOLVED IN A NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE CHAIRMAN OF THE BOARD. THE CHAIRMAN, OR AT THE DIRECTION OF THE CHAIRMAN, THE PRESIDENT OF NATIONAL STUDENT CLEARINGHOUSE SHALL PROMPTLY INFORM THE ENTIRE BOARD OF SUCH POTENTIAL CONFLICT. THE AFFECTED DIRECTOR SHALL NOT VOTE ON ANY SUCH TRANSACTION, PARTICIPATE IN DELIBERATIONS CONCERNING IT, OR USE PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE DIRECTOR WILL BE EXCUSED FROM THE PORTION OF ANY MEETING DISCUSSING THE TRANSACTION AND THE DIRECTOR'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY VOTE WITH RESPECT TO NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE CONFLICT OF INTEREST. FURTHERMORE, THE DIRECTOR, OR THE CHAIRMAN IN THE DIRECTOR'S ABSENCE, SHALL NOTE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER DIRECTORS BEFORE ANY VOTE ON NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION AND SUCH DISCLOSURE SHALL BE RECORDED IN THE MINUTES OF THE MEETING AT WHICH IT WAS MADE. IN THE EVENT OF POTENTIAL CONFLICT INVOLVES THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN SHALL ACT IN THE PLACE OF THE CHAIRMAN FOR THE PURPOSES OF THIS POLICY. ANY BOARD OF DIRECTORS SHALL NOT APPROVE ANY TRANSACTION WHICH INVOLVES A POTENTIAL CONFLICT OF INTEREST WITH A DIRECTOR UNLESS AND UNTIL THE BOARD OF DIRECTORS HAS SPECIFICALLY AND IN GOOD FAITH DETERMINED AFTER REASONABLE INVESTIGATION (INCLUDING A REVIEW OF THE TERMS UPON WHICH OTHER COMPARABLE ORGANIZATIONS ENTER TRANSACTIONS OR ARRANGEMENTS SIMILAR TO THE ONE UNDER CONSIDERATION) THAT: A. THE BOARD IS AWARE OF ALL MATERIAL FACTS CONCERNING THE TRANSACTION AND THE DIRECTOR OR OFFICER'S INTEREST IN THE TRANSACTION; B. NATIONAL STUDENT CLEARINGHOUSE IS ENTERING INTO THE TRANSACTION FOR ITS OWN BENEFIT; C. THE TRANSACTION IS FAIR AND REASONABLE AS TO NATIONAL STUDENT CLEARINGHOUSE; D. NATIONAL STUDENT CLEARINGHOUSE COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. MANAGEMENT SHALL BE RESPONSIBLE FOR PROVIDING THE BOARD WITH SUFFICIENT INFORMATION SO THAT THE BOARD CAN ASSESS THE FAIRNESS AND REASONABLENESS OF THE COMPENSATION INVOLVED.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF DIRECTORS CONDUCTS AN INDEPENDENT OUTSIDE COMPENSATION ANALYSIS FOR THE CEO EACH YEAR THAT IS USED TO MONITOR THE APPROPRIATENESS OF HIS COMPENSATION. A SIMILAR PROCESS IS COMPLETED BY THE CHIEF PEOPLE OFFICER FOR THE OTHER EXECUTIVES. PERIODICALLY, NSC HIRES AN OUTSIDE FIRM TO CONDUCT A COMPENSATION ANALYSIS FOR THE NON-EXECUTIVE EMPLOYEE POSITIONS. ANOTHER FIRM THAT COMPLETES OUR AFFIRMATIVE ACTION PLAN ALSO COMPARES COMPENSATION AMONG ETHNICITY AND GENDER TO ASSESS FAIRNESS. AT MERIT INCREASE TIME, THE CHIEF PEOPLE OFFICER DOES A REVIEW OF COMPENSATION BY WORKGROUP TO DETERMINE WHETHER ANY ADJUSTMENTS ARE REQUIRED TO BRING PEOPLE WITH LIKE POSITIONS AND EXPERIENCE TO A COMPARABLE COMPENSATION LEVEL. THE BOARD APPROVES THE COMPENSATION OF THE CEO AND OTHER OFFICERS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE BOARD OF DIRECTORS. A GROUP OF INDEPENDENT PERSONS WHO SERVE ON THE BOARD OF DIRECTORS EVALUATE EXTERNAL COMPENSATION DATA FROM COMPARABLE INSTITUTIONS, DISCUSS THEIR REVIEW, AND CONTEMPORANEOUSLY DOCUMENT THEIR CONCLUSION THAT THE TOTAL COMPENSATION PAID TO SUCH PERSONS IS REASONABLE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE TO THE PUBLIC BY REQUEST TO THE CORPORATE SECRETARY. FINANCIAL STATEMENTS ARE AVAILABLE TO PARTICIPANTS IN OUR SERVICES UNDER THE TERMS OF OUR CONTRACTS WITH THEM AND TO INDIVIDUALS BY REQUEST TO THE TREASURER.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1NATL STUDENT CLEARINGHOUSE RESEARCH CTRBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12300 DULLES STATION BLVD 220AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP201716350ZIPCd
FieldValueIRS element (for citing)
EIN271255674EIN
Primary ActivitiesSUPPORT EDUCATION & RESEARCH PRGRAMS OF NSCPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL STUDENT CLEARINGHOUSEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER
N$1,276,550COST
NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER
O$933,031COST