GRADUATE MANAGEMENT ADMISSION COUNCIL: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- GRADUATE MANAGEMENT ADMISSION COUNCIL (EIN 23-7084339)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-12
- IRS object ID
- 201512249349301546
- Schema version
- 2014v5.0
- 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
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-12T14:23:23-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 N FAIRFAX DRIVE SUITE 1020 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237084339 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRADUATE MANAGEMENT ADMISSION COUNCIL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GRAD | BusinessNameControlTxt |
| Phone | 7036689600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1Txt |
| City | RESTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20190 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAM REIMER | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 7037490131 | PhoneNum |
| Signature | 2015-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KAREN GRIES | PreparerPersonNm |
| PTIN | P00078514 | PTIN |
| Phone | 5712279500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SANGEET CHOWFLA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1Txt |
| City | RESTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20190 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $160,282,286 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GMAC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1970 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO ADMINISTER THE GRADUATE MANAGEMENT ADMISSION TEST, CONDUCT EDUCATIONAL RESEARCH AND PROVIDE OTHER EDUCATIONAL SERVICES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 141 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $166,693 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$20,233 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $86,622,211 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $88,795,952 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,467,944 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,064,891 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,432,125 | PYOtherRevenueAmt |
| CY Other Revenue | $350,999 | CYOtherRevenueAmt |
| PY Total Revenue | $94,522,280 | PYTotalRevenueAmt |
| CY Total Revenue | $93,211,842 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,112,268 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,335,707 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $27,599,895 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $28,266,585 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $61,550,938 | PYOtherExpensesAmt |
| CY Other Expenses | $58,256,725 | CYOtherExpensesAmt |
| PY Total Expenses | $90,263,101 | PYTotalExpensesAmt |
| CY Total Expenses | $87,859,017 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,259,179 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,352,825 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $160,158,007 | TotalAssetsBOYAmt |
| Total Assets EOY | $172,811,397 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,586,271 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,475,240 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $131,571,736 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $140,336,157 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GRADUATE MANAGEMENT ADMISSION COUNCIL (GMAC) BELIEVES THAT BUSINESS AND MANAGEMENT ARE CRITICAL TO THE ECONOMIC AND SOCIAL WELL-BEING OF PEOPLE WORLDWIDE. WE PROVIDE INFORMATION AND INSIGHTS TO IMPROVE DECISION MAKING ABOUT THE DISCOVERY AND EVALUATION OF TALENT. AT GMAC, WE DO THIS TO CONTRIBUTE TO THE EFFECTIVE USE OF HUMAN, NATURAL, AND FINANCIAL RESOURCES THROUGHOUT THE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $36,704,547 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $80,721,102 | RevenueAmt |
| Desc | TEST OPERATIONS - GRADUATE MANAGEMENT EDUCATION PROGRAMS EVALUATE APPLICANTS FROM MANY EDUCATIONAL BACKGROUNDS. THE GMAT HELPS SCHOOL PROGRAMS CHOOSE THE STUDENTS WHO ARE MOST LIKELY TO SUCCEED ACADEMICALLY IN A GIVEN PROGRAM. FOR LEADING BUSINESS SCHOOLS WORLDWIDE, THE GMAT IS RECOGNIZED AS THE MOST EFFECTIVE TEST AVAILABLE FOR MATCHING STUDENT COMPETENCIES WITH PROGRAM DEMANDS - REGARDLESS OF PROGRAM TYPE OR THE RACE, GENDER, OR NATIONAL ORIGIN OF STUDENTS. THE GRADUATE MANAGEMENT ADMISSION TEST (GMAT) IS A CRITICAL PART OF THE SELECTIVE ADMISSIONS PROCESS FOR NEARLY 6,100 GRADUATE MANAGEMENT PROGRAMS AT 2,100 SCHOOLS AROUND THE WORLD. FOR MORE THAN 50 YEARS, SCHOOLS HAVE TRUSTED THE GMAT EXAM, A PROVEN AND RELIABLE MEASUREMENT, TO ASSESS CANDIDATES' SKILLS AND PREDICT THEIR SUCCESS IN GRADUATE BUSINESS CURRICULUM.WAYS TO MEASURE - 2014 VALUESTEST REGISTRATIONS - 287,838TESTS TAKEN - 251,690SCORE REPORTS SENT - 706,816 NUMBER OF TEST CENTERS AS OF DEC 31, 2014:NORTH AMERICA - 396ASIA PACIFIC - 87EUROPE, MIDDLE EAST, AFRICA - 110LATIN AMERICA - 33NUMBER OF ACTIVE PROGRAMS ACCEPTING THE GMAT AS OF DEC 31, 2014:NORTH AMERICA - 4,476ASIA PACIFIC - 741EUROPE, MIDDLE EAST, AFRICA - 1,089LATIN AMERICA - 52 | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $26,214,299 | ExpenseAmt |
| Grant | $1,335,707 | GrantAmt |
| Revenue | $8,370,872 | RevenueAmt |
| Desc | OTHER EDUCATIONAL SERVICES - SERVICES FOR STUDENTS:GMAC PROVIDES INFORMATION FOR STUDENTS ABOUT THE VALUE OF AND PROCESS FOR OBTAINING AN MBA DEGREE. THIS INFORMATION IS DELIVERED VIA WWW.MBA.COM, AS WELL AS THROUGH OTHER MEDIUMS AS APPROPRIATE. GMAC PROVIDES FREE GMAT TEST PREPARATION SOFTWARE TO STUDENTS. IN ADDITION, GMAC SELLS VARIOUS TEST PREPARATION PRODUCTS, BOTH HARD COPY AND ONLINE.WAYS TO MEASURE - 2014 VALUESWEBSITE VISITS FOR MBA.COM - 13,034,143NUMBER OF DOWNLOADS OF FREE TEST PREP SOFTWARE - 597,785SERVICES FOR SCHOOLS:GMAC PROVIDES INFORMATION FOR SCHOOL PROFESSIONALS ABOUT POTENTIAL STUDENTS AND GRADUATE MANAGEMENT EDUCATION TRENDS AND DEVELOPMENTS. THIS INFORMATION IS DELIVERED VIA WWW.GMAC.COM, AS WELL AS THROUGH OTHER MEDIUMS AS APPROPRIATE. WAYS TO MEASURE - 2014 VALUESMEDIA IMPRESSIONS - 5,500 MILLIONQUALITY MENTIONS OF GMAC IN MEDIA ARTICLES - 3,000WEBSITE VISITS FOR GMAC.COM - 1,147,615THE GRADUATE MANAGEMENT ADMISSION SEARCH SERVICE (GMASS) GIVES SCHOOL ADMISSION PROFESSIONALS ACCESS TO QUALIFIED POTENTIAL APPLICANTS WHO HAVE ALREADY SHOWN A STRONG INTEREST IN GRADUATE MANAGEMENT EDUCATION. THEY'VE CREATED AN MBA.COM PROFILE, THEY MAY HAVE TAKEN THE GMAT EXAM...AND THEY'VE SPECIFICALLY CHOSEN TO MAKE THEIR CONTACT AND OTHER INFORMATION AVAILABLE TO SCHOOLS. THIS IS AN ANNUAL, SUBSCRIPTION-BASED SERVICE WITH A POOL OF NAMES THAT FREQUENTLY RENEWS AS INDIVIDUALS MOVE THROUGH THE DECISION-MAKING PROCESS.WAYS TO MEASURE - 2014 VALUESNUMBER OF SEARCHES DONE - 16,575 TOTAL NUMBER OF GMASS SEARCHES COMPLETED IN CALENDAR YEAR 2014SCHOOL FINDER DATA WAREHOUSE CAPTURES BUSINESS SCHOOL ADMISSIONS, ENROLLMENT, AND EMPLOYMENT INFORMATION IN ONE PLACE. THIS DATA, DEFINED BY THE MBA REPORTING CRITERIA IS AN IMPORTANT SOURCE OF OBJECTIVE, CONSISTENT, AND COMPARABLE INDUSTRY INFORMATION FOR PROSPECTIVE STUDENTS (VIA THE MBA.COM SCHOOL SEARCH SERVICE), BUSINESS SCHOOL PROFESSIONALS, AND THE MEDIA.WAYS TO MEASURE - 2014 VALUESNUMBER OF SEARCHES DONE - 666,403NUMBER OF PARTICIPATING SCHOOLS - 1,675NUMBER OF PARTICIPATING PROGRAMS ESTIMATED - 6,064JOB OPENINGS IN GRADUATE MANAGEMENT EDUCATION: TO SUPPORT THE GRADUATE BUSINESS SCHOOL COMMUNITY, GMAC MAINTAINS A CURRENT LIST OF PROFESSIONAL POSITIONS AT BUSINESS SCHOOLS AROUND THE WORLD. THESE OPENINGS ARE POSTED DIRECTLY BY THE SCHOOLS. GMAC SERVES AS THE CENTRAL SOURCE OF NEWS AND INFORMATION IN THE FIELD OF GRADUATE MANAGEMENT EDUCATION.WAYS TO MEASURE - 2014 VALUESNUMBER OF JOB POSTINGS - 208GRADUATE MANAGEMENT NEWS: A FREE ONLINE NEWSLETTER PUBLISHED MONTHLY TO KEEP SCHOOLS UP TO DATE ON TRENDS AND PROVIDES FEATURE ARTICLES ON HOT TOPICS IN THE BUSINESS SCHOOL COMMUNITY.WAYS TO MEASURE - 2014 VALUESGRADUATE MANAGEMENT NEWS EMAILS SENT - 247,165GRADUATE MANAGEMENT NEWS PAGE VIEWS - 54,293MBA LEADERSHIP CONFERENCE: THIS ANNUAL EVENT, GENERALLY HELD IN THE EARLY WINTER, IS OPEN TO ACADEMIC AND ADMINISTRATIVE GRADUATE SCHOOL PROGRAM-LEVEL DEANS AND DIRECTORS-ATTENDANCE IS LIMITED TO ENSURE A FOCUSED AND DRIVEN PROGRAM.WAYS TO MEASURE - 2014 VALUESNUMBER OF TOTAL SCHOOL ATTENDEES - 136THE GMAC ANNUAL INDUSTRY CONFERENCE IN JUNE BRINGS TOGETHER GRADUATE BUSINESS PROFESSIONALS FROM ALL FUNCTIONS AND EXPERIENCE LEVELS FOR NETWORKING, LEARNING SESSIONS, AND DISCUSSIONS ABOUT THE LATEST TRENDS IN GRADUATE MANAGEMENT EDUCATION. WAYS TO MEASURE - 2014 VALUESNUMBER OF TOTAL SCHOOL ATTENDEES - 563THE ADMISSIONS INSTITUTE FOR NEW PROFESSIONALS, HELD IN THE SUMMER, IS DESIGNED FOR PROFESSIONALS FROM GMAT USING SCHOOLS WITH UP TO TWO YEARS OF EXPERIENCE IN BUSINESS SCHOOL ADMISSIONS.WAYS TO MEASURE - 2014 VALUESNUMBER OF TOTAL SCHOOL ATTENDEES - 64THE GLOBAL SYMPOSIA SERIES IS OPEN TO PROFESSIONALS FROM SCHOOLS WORLDWIDE THAT USE THE GMAT AND FOCUSES ON EXPLORING THE STUDENT EXPECTATIONS AND WAYS TO MEET THEM AS WELL AS THE POTENTIAL EMPLOYERS' NEEDS. IT FEATURES TWO EVENTS IN AUTUMN.GMGC 2014 EUROPEAN CONFERENCE:WAYS TO MEASURE - 2014 VALUESNUMBER OF ATTENDEES - 20 INSTITUTIONS REPRESENTED - 12COUNTRIES REPRESENTED - 6GMAC 2014 ASIA PACIFIC CONFERENCE:WAYS TO MEASURE - 2014 VALUESNUMBER OF ATTENDEES - 83 INSTITUTIONS REPRESENTED - 41COUNTRIES REPRESENTED - 18THE GMAC MANAGEMENT EDUCATION FOR TOMORROW (MET) FUND FORMALIZES AND ENHANCES THE GRADUATE MANAGEMENT ADMISSION COUNCIL'S LONG-STANDING COMMITMENT TO INVESTING (FINANCIAL AND IN-KIND) IN STRATEGIC PHILANTHROPIC INITIATIVES THAT BENEFIT AND ADVANCE BUSINESS AND MANAGEMENT EDUCATION GLOBALLY.THE LARGEST PROJECT, THE IDEAS TO INNOVATION CHALLENGE, AWARDED MORE THAN $7.1 MILLION TO 12 PROGRAMS, INCORPORATING ONE OR MORE OF THE 20 IDEAS CHOSEN FROM THE CHALLENGE'S FIRST PHASE, ASKING FOR IDEAS ON HOW TO IMPROVE GRADUATE MANAGEMENT EDUCATION. THESE PROGRAMS ARE CREATING NEW EDUCATION OPPORTUNITIES IN THE US, CANADA, SPAIN, KENYA, BOTSWANA, GHANA AND MORE, AND WILL BE IMPLEMENTED BETWEEN 2013 AND 2017. IN ADDITION, THE FUND AWARDED $250,000 TO THE PHD PROJECT, TO HELP FURTHER ITS MISSION TO PROMOTE ADDITIONAL MINORITY FACULTY IN BUSINESS SCHOOLS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,144,665 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | RESEARCH - GMAC RESEARCH PROVIDES DATA ABOUT GMAT TEST TAKERS AND GRADUATE MANAGEMENT PROGRAM CONSTITUENTS.THE POOL OF CANDIDATES FOR GRADUATE BUSINESS EDUCATION CONTINUES TO DIVERSIFY, AND OFFERING THE GMAT EXAM ALLOWS GMAC TO BUILD AN ACCURATE PICTURE OF TODAY'S BUSINESS SCHOOL APPLICANTS. GMAT INTERACTIVE PROFILE REPORTS SHOW CURRENT AND HISTORICAL TEST-TAKER TRENDS ABOUT WHERE TEST TAKERS LIVE, WHAT THEY EXPECT TO GAIN FROM BUSINESS SCHOOL, THEIR WORK EXPERIENCE, ETC. SCHOOLS CAN ALSO CUSTOMIZE A REPORT FOR INFORMATION TARGETED TO FIT THEIR NEEDS. ALL REPORTS CAN BE PRINTED OR DOWNLOADED AT THE SCHOOL'S CONVENIENCE.GMAC SURVEYS EXPLORE RELEVANT ISSUES, OFFERING DATA AT VARIOUS DEPTHS, DEPENDING ON WHAT SCHOOLS NEED AND HOW THEY PARTICIPATE. SURVEY REPORTS ARE FREQUENTLY USED TO HELP DRIVE STRATEGIC DECISION-MAKING PROCESSES IN GRADUATE BUSINESS SCHOOLS.WAYS TO MEASURE - 2014 VALUESNUMBER OF SURVEY REPORTS CREATED - 27 REPORTS: 6 SURVEY SUMMARY REPORTS; 6 SURVEY INTERACTIVE REPORTS; 4 OTHER INTERACTIVE REPORTS; 5 SURVEY BENCHMARK TOOLS; 5 DATA TO GO REPORTS; 1 RESEARCH REPORT (WHITE PAPER); 1,134 BENCHMARK REPORTSNUMBER OF ENTITIES SURVEYED - APPROXIMATELY 72,339 NUMBER OF AD HOC REQUESTS ANSWERED - 120 FOR MEMBER AND NON-MEMBER SCHOOLSGMAT VALIDITY STUDY SERVICE IS A CUSTOMER SERVICE THAT ANALYZES A SCHOOL'S ADMISSIONS CRITERIA AND LET THE SCHOOL KNOW EXACTLY HOW VALID THE TEST IS FOR ITS PROGRAM.WAYS TO MEASURE - 2014 VALUESNUMBER OF FULL VALIDITY STUDIES - 22 | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $65,063,511 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 119 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 141 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAM REIMER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7036689600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1Txt |
| City | RESTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20190 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| ALFONS SAUQUET | |||||||||
| CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM BOULDING | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TOM BUIOCCHI | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JIM BRADY | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DINA DOMMETT | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| SEAN FERGUSON | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH FREEMAN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELLEN GLAZERMAN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| J MICHAEL HARDIN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATE KLEPPER | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARGUERITE BISHOP LANE | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| XIONGWEN LU | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TOBY MCCHESNEY | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROSEMARIE MECCA | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTINE POON | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AJIT RANGNEKAR | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DONNA RAPACCIOLI | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RAY WHITTINGTON | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SANGEET CHOWFLA | |||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | Yes (X) | $485,864 | $0 | $615,741 | |||
| MARGARET JOBST | |||||||||
| EXECUTIVE VP, PRODUCTS & SERVICES | 40.00 | Yes (X) | $597,256 | $0 | $200,369 | ||||
| ROBERT ALIG | |||||||||
| EXECUTIVE VP, SCHOOL PRODUCTS | 40.00 | Yes (X) | $148,262 | $0 | $80,744 | ||||
| SHELLI H ARNOLD | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | $488,616 | $0 | $172,761 | ||||
| RAMESH THADANI | |||||||||
| EXECUTIVE VP, MARKET DEVELOPMENT | 40.00 | Yes (X) | $490,075 | $0 | $180,228 | ||||
| REIMER SAMUEL | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $455,782 | $0 | $179,649 | ||||
| ROSECRANS ROBERT | |||||||||
| CHIEF INFORMATION OFFICER | 40.00 | Yes (X) | $1,021,798 | $0 | $42,741 | ||||
| SHERRI SAMPSON | |||||||||
| GENERAL COUNSEL AND CORPORATE SECRETARY | 40.00 | Yes (X) | $421,227 | $0 | $159,191 | ||||
| JULIA TYLER | |||||||||
| EXECUTIVE VP, MARKET DEVELOPMENT | 40.00 | Yes (X) | $524,104 | $0 | $62,986 | ||||
| LAWRENCE RUDNER | |||||||||
| VP, RESEARCH & DEVELOPMENT | 40.00 | $731,773 | $0 | $40,034 | Yes (X) | ||||
| ASHOK SARATHY | |||||||||
| VP, GMAT OPERATIONS | 40.00 | $291,054 | $0 | $114,011 | Yes (X) | ||||
| JOSE CARRERAS | |||||||||
| VP, MARKETING OPERATIONS | 40.00 | $413,728 | $0 | $24,833 | Yes (X) | ||||
| FANMIN GUO | |||||||||
| VP, PSYCHOMETRIC RESEARCH | 40.00 | $345,985 | $0 | $110,241 | Yes (X) | ||||
| ANDREW MARTELLI | |||||||||
| VP, PRODUCT DEVELOPMENT | 40.00 | $318,681 | $0 | $113,082 | Yes (X) | ||||
| RICHARD D'AMATO | |||||||||
| VP, GLOBAL COMMUNICATIONS | 40.00 | $299,147 | $0 | $95,835 | Yes (X) | ||||
| DAVID MOLDAVSKY | |||||||||
| VP, MARKETING & COMMUNICATIONS | 40.00 | $292,258 | $0 | $121,803 | Yes (X) | ||||
| DAVID WILSON | |||||||||
| FORMER PRESIDENT AND CEO | 0.00 | $1,176,314 | $0 | $22,124 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,501,924 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,336,373 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 76 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SLAIT CONSULTING | |||||
| 100 LANDMARK SQUARE | VIRGINIA BEACH | VA | 23452 | NETWORK SUPPORT | $457,094 |
| BIG LENS LLC | |||||
| 1370 PARK GARDEN LANE | RESTON | VA | 20194 | MEDIA BUYING | $224,395 |
| CLIFTONLARSONALLEN LLP | |||||
| 4250 N FAIRFAX DR 1020 | ARLINGTON | VA | 22203 | AUDIT AND ACCOUNTING SERVICES | $104,933 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TEST OPERATIONS | 900099 | $80,721,102 | $80,721,102 | |
| SCHOOL/STUDENT PRODUCTS | 900099 | $7,399,770 | $7,233,077 | $166,693 |
| PROFESSIONAL DEVELOPMENT | 900099 | $675,080 | $675,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $88,795,952 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,876,827 | TotalRevenueColumnAmt |
| Exclusion | $1,876,827 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $69,113,657 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $66,925,593 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,188,064 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,188,064 | TotalRevenueColumnAmt |
| Exclusion | $2,188,064 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $440,873 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $144,851 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $296,022 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $296,022 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $54,977 | TotalRevenueColumnAmt |
| Exclusion | $54,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $54,977 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $93,211,842 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $88,925,281 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $166,693 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,119,868 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $866,929 | TotalAmt |
| Program Services | $866,929 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,250 | TotalAmt |
| Program Services | $207,250 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,528 | TotalAmt |
| Program Services | $261,528 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,755,078 | TotalAmt |
| Program Services | $4,910,580 | ProgramServicesAmt |
| Management And General | $3,844,498 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,198,438 | TotalAmt |
| Management And General | $1,198,438 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,365,122 | TotalAmt |
| Program Services | $7,758,798 | ProgramServicesAmt |
| Management And General | $6,606,324 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,151,795 | TotalAmt |
| Program Services | $738,138 | ProgramServicesAmt |
| Management And General | $413,657 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,582,222 | TotalAmt |
| Program Services | $1,154,945 | ProgramServicesAmt |
| Management And General | $427,277 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,213,930 | TotalAmt |
| Program Services | $761,676 | ProgramServicesAmt |
| Management And General | $452,254 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,174 | TotalAmt |
| Program Services | $30,133 | ProgramServicesAmt |
| Management And General | $143,041 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,461 | TotalAmt |
| Management And General | $523,461 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $719,759 | TotalAmt |
| Management And General | $719,759 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,246 | TotalAmt |
| Management And General | $26,246 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $386,842 | TotalAmt |
| Management And General | $386,842 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,960,828 | TotalAmt |
| Program Services | $2,342,733 | ProgramServicesAmt |
| Management And General | $618,095 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,753,076 | TotalAmt |
| Program Services | $2,729,696 | ProgramServicesAmt |
| Management And General | $23,380 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,026,877 | TotalAmt |
| Program Services | $428,115 | ProgramServicesAmt |
| Management And General | $598,762 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,251,244 | TotalAmt |
| Program Services | $2,051,888 | ProgramServicesAmt |
| Management And General | $2,199,356 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,611 | TotalAmt |
| Program Services | $236,611 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,963,326 | TotalAmt |
| Program Services | $481,858 | ProgramServicesAmt |
| Management And General | $1,481,468 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,914,699 | TotalAmt |
| Program Services | $1,913,738 | ProgramServicesAmt |
| Management And General | $1,000,961 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $588,594 | TotalAmt |
| Program Services | $588,594 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,079,609 | TotalAmt |
| Program Services | $24,709 | ProgramServicesAmt |
| Management And General | $1,054,900 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,486 | TotalAmt |
| Management And General | $286,486 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| TEST OPERATIONS | $35,679,743 | $35,679,743 | |
| TEST DEVELOPMENT | $1,024,805 | $1,024,805 | |
| OTHER EMPLOYEE COSTS | $480,148 | $212,316 | $267,832 |
| STAFF TRAINING | $423,456 | $255,394 | $168,062 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,741 | TotalAmt |
| Program Services | $403,334 | ProgramServicesAmt |
| Management And General | $354,407 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,859,017 | TotalAmt |
| Program Services | $65,063,511 | ProgramServicesAmt |
| Management And General | $22,795,506 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,184,330 | BOYAmt |
| EOY | $16,282,323 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,412,182 | BOYAmt |
| EOY | $1,313,609 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,188 | BOYAmt |
| EOY | $44,095 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735,924 | BOYAmt |
| EOY | $951,993 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,061,915 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,570,108 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,154,587 | BOYAmt |
| EOY | $6,491,807 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,210,040 | BOYAmt |
| EOY | $108,549,847 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $9,776,885 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,435,756 | BOYAmt |
| EOY | $29,400,838 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,158,007 | BOYAmt |
| EOY | $172,811,397 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,786,767 | BOYAmt |
| EOY | $14,075,810 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,871,562 | BOYAmt |
| EOY | $8,103,771 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $4,004,839 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,927,942 | BOYAmt |
| EOY | $6,290,820 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,586,271 | BOYAmt |
| EOY | $32,475,240 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,571,736 | BOYAmt |
| EOY | $140,336,157 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,571,736 | BOYAmt |
| EOY | $140,336,157 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $160,158,007 | BOYAmt |
| EOY | $172,811,397 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $5,352,825 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,411,596 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $86,711,862 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,207,381 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $94,549,462 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,087,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,236,825 | CurrentTaxYearAmt |
| Total | $448,793,314 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $86,711,862 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,207,381 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $94,549,462 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,087,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,236,825 | CurrentTaxYearAmt |
| Total | $448,793,314 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,438,512 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,232,703 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,940,438 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,711,667 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,437,344 | CurrentTaxYearAmt |
| Total | $29,760,664 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,438,512 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,232,703 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,940,438 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,711,667 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,437,344 | CurrentTaxYearAmt |
| Total | $29,760,664 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $419,032,650 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,630 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $50,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $73,167 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $790,354 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,876,827 | CurrentTaxYearAmt |
| Total | $2,810,965 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,630 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $50,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $73,167 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $790,354 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,876,827 | CurrentTaxYearAmt |
| Total | $2,810,965 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $167,954 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,852 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,700 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,862 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $54,977 | CurrentTaxYearAmt |
| Total | $242,345 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $86,899,446 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,262,220 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $94,625,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,891,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $91,168,629 | CurrentTaxYearAmt |
| Total | $451,846,624 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.92740 | PublicSupportCY509Pct |
| Public Support PY509 | 0.93790 | PublicSupportPY509Pct |
| Investment Income CY | 0.00620 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00360 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLENOUS INCOME - 2010 AMOUNT: $ 167,954. 2011 AMOUNT: $ 1,198. 2012 AMOUNT: $ 2,700. 2013 AMOUNT: $ 12,862. 2014 AMOUNT: $ 54,977. SALE OF OTHER PRODUCTS - 2011 AMOUNT: $ 2,654. | ExplanationTxt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $0 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,246 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,246 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $87,924,635 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $87,950,881 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $133,045 | CurrentYearMinus3Amt |
| Current Year Minus2 | $96,424 | CurrentYearMinus2Amt |
| Current Year Minus1 | $138,977 | CurrentYearMinus1Amt |
| Current Year | $26,246 | CurrentYearAmt |
| Total | $394,692 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,058,224 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,958,978 | DepreciationAmt |
| Book Value | $5,099,246 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,152,076 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,462,163 | DepreciationAmt |
| Book Value | $689,913 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,851,615 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,148,967 | DepreciationAmt |
| Book Value | $702,648 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,491,807 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $3,742,236 | F |
| MUTUAL FUND - MIXED ASSETS | $6,034,649 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,776,885 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| TEST ITEM DEVELOPMENT COSTS | $29,306,814 |
| OTHER ASSETS | $94,024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $29,400,838 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED LEASE OBLIGATIONS | Desc |
| Amt | $6,290,820 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,290,820 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COUNCIL IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COUNCIL IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE IRC. THE COUNCIL FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE COUNCIL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2011 TO 2013 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN AUTHORITIES. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 1 | 6 | PROGRAM SERVICES | CONDUCT EDUCATIONAL RESEARCH, PROVIDE SERVICES, AND FACILITATE INFORMATION EXCHANGE. | $2,739,993 |
| EAST ASIA AND THE PACIFIC (HONG KONG OFFICE) | 1 | 5 | PROGRAM SERVICES | CONDUCT EDUCATIONAL RESEARCH, PROVIDE SERVICES, AND FACILITATE INFORMATION EXCHANGE. | $1,550,431 |
| EAST ASIA AND THE PACIFIC (INDIA OFFICE) | 1 | 6 | PROGRAM SERVICES | CONDUCT EDUCATIONAL RESEARCH, PROVIDE SERVICES, AND FACILITATE INFORMATION EXCHANGE. | $1,101,433 |
| NORTH AMERICA | 0 | 0 | GRANTS TO ORGANIZATIONS LOCATED IN REGION | N/A | $10,000 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTS TO ORGANIZATIONS LOCATED IN REGION | N/A | $7,016 |
| EUROPE | 0 | 0 | GRANTS TO ORGANIZATIONS LOCATED IN REGION | N/A | $203,012 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTS TO ORGANIZATIONS LOCATED IN REGION | N/A | $7,000 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $250 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $3,000 |
| EUROPE | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $5,750 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $1,750 |
| NORTH AMERICA | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $3,250 |
| RUSSIA & NEIGHBORING STATES | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $3,000 |
| SOUTH AMERICA | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $250 |
| SOUTH ASIA | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $4,500 |
| SUB-SAHARAN AFRICA | 0 | 0 | GRANTS TO INDIVIDUALS IN THE REGION | N/A | $12,750 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | N/A | $3,742,236 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 17 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Subtotal Spent | $5,619,135 | SubtotalSpentAmt |
| Continuation Spent | $3,776,486 | ContinuationSpentAmt |
| Total Spent | $9,395,621 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (5 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| NORTH AMERICA | SPONSORSHIP | $10,000 | WIRE | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | SPONSORSHIP | $7,016 | WIRE | $0 | N/A | N/A |
| EUROPE | SPONSORSHIP | $96,196 | WIRE | $0 | N/A | N/A |
| EUROPE | SPONSORSHIP | $106,816 | WIRE | $0 | N/A | N/A |
| EAST ASIA AND THE PACIFIC | SPONSORSHIP | $7,000 | WIRE | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|---|
| FEE WAIVER | CENTRAL AMERICA AND THE CARIBBEAN | 1 | $250 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | EAST ASIA AND THE PACIFIC | 12 | $3,000 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | EUROPE | 23 | $5,750 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | MIDDLE EAST AND NORTH AFRICA | 7 | $1,750 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | NORTH AMERICA | 13 | $3,250 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | RUSSIA & NEIGHBORING STATES | 12 | $3,000 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | SOUTH AMERICA | 1 | $250 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | SOUTH ASIA | 18 | $4,500 | CASH DISBURSEMENT | $0 | N/A | N/A |
| FEE WAIVER | SUB-SAHARAN AFRICA | 51 | $12,750 | CASH DISBURSEMENT | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | GMAC EMPLOYEES WHO ARE DIRECTLY RESPONSIBLE FOR THE BUDGETED FUNDS FROM WHICH GRANTS ARE MADE ARE RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS BY THE RECIPIENTS. |
| PART I, LINE 3: | THE ORGANIZATION USES THE ACCRUAL BASIS OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| THE PHD PROJECT ASSOCIATION | ||||||||||
| THREE CHESTNUT RIDGE ROAD | MONTVALE | NJ | 07645 | 202610773 | 501(C)(3) | $200,000 | N/A | N/A | TO HELP AFRICAN-AMERICANS, HISPANIC-AMERICANS AND NATIVE AMERICANS ATTAIN BUSINESS PHDS TO BECOME BUSINESS PROFESSORS AND MENTOR THE NEXT GENERATION. | |
| AACSB INTERNATIONAL | ||||||||||
| PO BOX 116201 | ATLANTA | GA | 303686201 | 436036286 | 501(C)(3) | $155,000 | N/A | N/A | PROMOTING GMAC PRODUCTS, SERVICES, AND RESEARCH AND PROVIDING INDUSTRY SUPPORT. | |
| BOSTON UNIVERSITY SCHOOL OF MANAGEMENT | ||||||||||
| 595 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | 042103547 | 501(C)(3) | $75,000 | N/A | N/A | TO SPONSOR THE BUSINESS EDUCATION INNOVATION JAM, A MASSIVE ONLINE BRAINSTORM THAT SPARKED IDEAS, CONCEPTS, AND COLLABORATIONS ON HOW TO CLOSE THE GROWING GAP BETWEEN INDUSTRY AND ACADEMIA. | |
| TEACH FOR AMERICA | ||||||||||
| 1411 K STREET NW 12TH FLOOR | WASHINGTON | DC | 20005 | 133541913 | 501(C)(3) | $65,000 | N/A | N/A | TO SUPPORT THE MOVEMENT OF LEADERS WHO WORK TO ENSURE THAT KIDS GROWING UP IN POVERTY GET AN EXCELLENT EDUCATION. | |
| FORTE FOUNDATION | ||||||||||
| 9600 ESCARPMENT 745 PMB 72 | AUSTIN | TX | 78749 | 611457145 | 501(C)(3) | $50,000 | N/A | N/A | TO SPONSOR UNDERGRADUATE OUTREACH ACTIVITIES: MBALAUNCH, C2B CONFERENCE, VIRTUAL CAMPUS/CAREER GAL ROAD TRIP, FORTE FORUMS/WEBINARS. | |
| EXECUTIVE MBA COUNCIL | ||||||||||
| ONE UNIVERSITY DRIVE ASBE | ORANGE | CA | 92866 | 943095701 | 501(C)(3) | $35,000 | N/A | N/A | TO SPONSOR THE MARKETING AND ADMISSIONS PROGRAM - A PROFESSIONAL DEVELOPMENT SYMPOSIA HELD FOR NEW EXEC MBA PROFESSIONALS; TO SPONSOR THE EXEC MBA CONFERENCE. | |
| FOUNDATION FOR THE GLOBAL COMPACT | ||||||||||
| 801 SECOND AVENUE 2ND FLOOR | NEW YORK | NY | 10017 | 161756484 | 501(C)(3) | $25,000 | N/A | N/A | TO SUPPORT THE PRIME (PRINCIPLES FOR RESPONSIBLE MANAGEMENT EDUCATION) INITIATIVE WHOSE MISSION IS TO INSPIRE AND CHAMPION RESPONSIBLE MANAGEMENT EDUCATION, RESEARCH AND THOUGHT LEADERSHIP GLOBALLY. | |
| WOLF TRAP FOUNDATION FOR THE PERFORMING ARTS | ||||||||||
| 1645 TRAP ROAD | VIENNA | VA | 22182 | 237011544 | 501(C)(3) | $20,000 | N/A | N/A | TO SUPPORT THE WOLF TRAP FOUNDATION INTERNSHIP PROGRAM THROUGH WHICH A DIVERSE MIX OF COLLEGE-AGE STUDENTS RECEIVE MEANINGFUL HANDS-ON EXPERIENCE IN ARTS ADMINISTRATION, EDUCATION, AND TECHNICAL THEATRE. | |
| THE CENTRE FOR INFORMATION POLICY LEADERSHIP AT HUNTON & WILLIAMS LLP | ||||||||||
| 2200 PENNSYLVANIA AVE NW | WASHINGTON | DC | 20037 | 540572269 | N/A | $25,000 | N/A | N/A | TO PARTICIPATE IN THE CENTRE FOR INFORMATION POLICY LEADERSHIP WHICH WORKS WITH BUSINESS LEADERS, REGULATORY AUTHORITIES AND POLICYMAKERS TO FRAME AND ADVANCE PRIVACY AND CYBERSECURITY POLICY, LAW AND PRACTICE. | |
| MAKINETWORK LLC | ||||||||||
| 55 LYME ROAD | HANOVER | NH | 03755 | 464273512 | N/A | $10,000 | N/A | N/A | TO SPONSOR MAKI BUSINESS EDUCATION MEDIA CONFERENCES - THE MAKI NETWORK CONNECTS INTERNATIONAL MEDIA WITH COMMUNICATIONS AND MARKETING DIRECTORS FROM THE WORLD'S LEADING GRADUATE BUSINESS SCHOOLS AND UNIVERSITIES. | |
| WYNNE COMMUNICATIONS | ||||||||||
| 1334 PARKVIEW AVENUE SUITE 100 | MANHATTAN BEACH | CA | 90266 | 954844451 | N/A | $10,000 | N/A | N/A | TO SPONSOR THE BUSINESS ACCESS MEDIA CONFERENCE WHICH BRINGS THE WORLD'S TOP MBA PROGRAMS TO MEET WITH THE TOP FINANCIAL MEDIA. | |
| ARIZONA STATE UNIVERSITY GBSSA | ||||||||||
| PO BOX 874906 | TEMPE | AZ | 852874906 | 951644037 | 501(C)(3) | $10,000 | N/A | N/A | PROMOTING GMAC PRODUCTS, SERVICES & RESEARCH AND PROVIDING INDUSTRY SUPPORT. | |
| HBCU BUSINESS DEAN'S ROUNDTABLE | ||||||||||
| 2 BENJAMIN F PAYTON DRIVE ANDREW F | TUSKEGEE | AL | 36088 | 721491905 | 501(C)(3) | $10,000 | N/A | N/A | TO SUPPORT HBCU BUSINESS DEAN'S ROUNDTABLE CONFERENCE - THE PURPOSE OF THE HBCU IS TO PROVIDE A FORUM FOR DEANS OF HBCU BUSINESS SCHOOLS TO ADDRESS OPPORTUNITIES AND CHALLENGES ASSOCIATED WITH ENHANCING BUSINESS PROGRAMS AND INITIATIVES. | BRIMMER HALL |
| ASSOCIATION OF TEST PUBLISHERS | ||||||||||
| 601 PENNSYLVANIA AVE NW SOUTH | WASHINGTON | DC | 20004 | 363918100 | 501(C)(6) | $34,420 | N/A | N/A | TO PARTICIPATE IN THE ASSOCIATION OF TEST PUBLISHERS (ATP) CONFERENCE - THE MISSION OF THE ATP IS TO PROMOTE AND DEVELOP TESTING AND ASSESSMENT BEST PRACTICES AND TO FACILITATE AN ENVIRONMENT THAT WOULD BENEFIT TEST-TAKERS, BUSINESSES, EDUCATIONAL ORGANIZATIONS, AND SOCIETY IN GENERAL. | BUILDING SUITE 900 |
| MANAGEMENT LEADERSHIP FOR TOMORROW | ||||||||||
| 5335 WISCONSIN AVE NW | WASHINGTON | DC | 20015 | 521795164 | 501(C)(3) | $15,000 | N/A | N/A | TO PARTNER WITH THE MANAGEMENT LEADERSHIP FOR TOMORROW (MLT) ON MBA PREP & CAREER PREP - THE MLT EQUIPS HIGH POTENTIAL MINORITIES WITH THE WINNING PLAYBOOK AND PERSONALIZED COACHING THAT ALLOWS THEM TO REACH THEIR FULL LEADERSHIP POTENTIAL AND MAXIMIZE THEIR COMMUNITY IMPACT. | |
| THE INFORMATION ACCOUNTABILITY FOUNDATION | ||||||||||
| 1811 RIVER HEIGHTS DR | LITTLE ROCK | AR | 72202 | 461416947 | 501(C)(3) | $5,000 | N/A | N/A | TO SUPPORT THE INFORMATION ACCOUNTABILITY FOUNDATION (IAF) WHICH SUCCESSFULLY WORKS WITH REGULATORY AUTHORITIES, POLICYMAKERS, BUSINESS LEADERS, CIVIL SOCIETY AND OTHER KEY STAKEHOLDERS AROUND THE WORLD TO HELP FRAME AND ADVANCE DATA PROTECTION LAW AND PRACTICE THROUGH ACCOUNTABILITY-BASED INFORMATION GOVERNANCE. | |
| ACT | ||||||||||
| PO BOX 4072 | IOWA CITY | IA | 522434072 | 420841485 | 501(C)(3) | $5,000 | N/A | N/A | TO SPONSOR THE CONFERENCE ON TEST SECURITY. | |
| IACAT | ||||||||||
| 5601 GREEN VALLEY DR | BLOOMINGTON | MN | 55437 | 272409911 | 501(C)(3) | $5,000 | N/A | N/A | TO SPONSOR THE IACAT CONFERENCE - IACAT IS FOCUSED ON SCIENTIFIC AND EDUCATIONAL ADVOCACY FOR COMPUTERIZED ADAPTIVE TESTING AROUND THE WORLD. | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 14 | Total501c3OrgCnt |
| Total Other Org | 4 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FEE WAIVER | GrantTypeTxt |
| Recipient | 829 | RecipientCnt |
| Cash Grant | $207,250 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GMAC EMPLOYEES WHO ARE DIRECTLY RESPONSIBLE FOR THE BUDGETED FUNDS FROM WHICH GRANTS ARE MADE ARE RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS BY THE RECIPIENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SANGEET CHOWFLA | ||||||||||||||
| PRESIDENT AND CEO | $425,000 | $0 | $60,000 | $0 | $864 | $0 | $601,800 | $0 | $13,941 | $0 | $1,101,605 | $0 | $0 | $0 |
| MARGARET JOBST | ||||||||||||||
| EXECUTIVE VP, PRODUCTS & SERVICES | $395,666 | $0 | $201,590 | $0 | $0 | $0 | $177,576 | $0 | $22,793 | $0 | $797,625 | $0 | $0 | $0 |
| ROBERT ALIG | ||||||||||||||
| EXECUTIVE VP, SCHOOL PRODUCTS | $145,000 | $0 | $0 | $0 | $3,262 | $0 | $69,987 | $0 | $10,757 | $0 | $229,006 | $0 | $0 | $0 |
| SHELLI H ARNOLD | ||||||||||||||
| CHIEF OPERATING OFFICER | $323,426 | $0 | $164,710 | $0 | $480 | $0 | $150,258 | $0 | $22,503 | $0 | $661,377 | $0 | $0 | $0 |
| RAMESH THADANI | ||||||||||||||
| EXECUTIVE VP, MARKET DEVELOPMENT | $333,267 | $0 | $153,170 | $0 | $3,638 | $0 | $161,249 | $0 | $18,979 | $0 | $670,303 | $0 | $0 | $0 |
| REIMER SAMUEL | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $306,155 | $0 | $149,627 | $0 | $0 | $0 | $155,380 | $0 | $24,269 | $0 | $635,431 | $0 | $0 | $0 |
| ROSECRANS ROBERT | ||||||||||||||
| CHIEF INFORMATION OFFICER | $269,306 | $0 | $157,389 | $0 | $595,103 | $0 | $21,667 | $0 | $21,074 | $0 | $1,064,539 | $0 | $0 | $0 |
| SHERRI SAMPSON | ||||||||||||||
| GENERAL COUNSEL AND CORPORATE SECRET | $281,837 | $0 | $139,390 | $0 | $0 | $0 | $136,616 | $0 | $22,575 | $0 | $580,418 | $0 | $0 | $0 |
| JULIA TYLER | ||||||||||||||
| EXECUTIVE VP, MARKET DEVELOPMENT | $151,845 | $0 | $254,659 | $0 | $117,600 | $0 | $12,586 | $0 | $50,400 | $0 | $587,090 | $0 | $0 | $0 |
| LAWRENCE RUDNER | ||||||||||||||
| VP, RESEARCH & DEVELOPMENT | $210,676 | $0 | $226,386 | $0 | $294,711 | $0 | $21,068 | $0 | $18,966 | $0 | $771,807 | $0 | $0 | $0 |
| ASHOK SARATHY | ||||||||||||||
| VP, GMAT OPERATIONS | $207,119 | $0 | $83,503 | $0 | $432 | $0 | $92,596 | $0 | $21,415 | $0 | $405,065 | $0 | $0 | $0 |
| JOSE CARRERAS | ||||||||||||||
| VP, MARKETING OPERATIONS | $132,837 | $0 | $154,428 | $0 | $126,463 | $0 | $13,284 | $0 | $11,549 | $0 | $438,561 | $0 | $0 | $0 |
| FANMIN GUO | ||||||||||||||
| VP, PSYCHOMETRIC RESEARCH | $208,683 | $0 | $134,134 | $0 | $3,168 | $0 | $93,295 | $0 | $16,946 | $0 | $456,226 | $0 | $0 | $0 |
| ANDREW MARTELLI | ||||||||||||||
| VP, PRODUCT DEVELOPMENT | $194,157 | $0 | $123,804 | $0 | $720 | $0 | $86,801 | $0 | $26,281 | $0 | $431,763 | $0 | $0 | $0 |
| RICHARD D'AMATO | ||||||||||||||
| VP, GLOBAL COMMUNICATIONS | $185,514 | $0 | $112,529 | $0 | $1,104 | $0 | $74,420 | $0 | $21,415 | $0 | $394,982 | $0 | $0 | $0 |
| DAVID MOLDAVSKY | ||||||||||||||
| VP, MARKETING & COMMUNICATIONS | $208,746 | $0 | $83,512 | $0 | $0 | $0 | $96,625 | $0 | $25,178 | $0 | $414,061 | $0 | $0 | $0 |
| DAVID WILSON | ||||||||||||||
| FORMER PRESIDENT AND CEO | $0 | $0 | $535,800 | $0 | $640,514 | $0 | $13,000 | $0 | $9,124 | $0 | $1,198,438 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | -ACCORDING TO GMAC TRAVEL POLICY FOR VICE PRESIDENTS AND ABOVE, GMAC WILL REIMBURSE FOR COACH-CLASS AIR TRAVEL FOR ONE-WAY FLIGHTS LESS THAN 2.5 HOURS IN DURATION. IF THE FLIGHT IS 2.5 HOURS OR LONGER, GMAC WILL COVER THE COST OF THE NEXT TICKET CLASS. FIRST CLASS TRAVEL IS ALLOWED FOR THE CEO. -THE GROSS PAYMENTS TO THE INDIVIDUAL WERE INSIGNIFICANT AND RELATE TO STAFF ANNIVERSARY RECOGNITIONS AND AWARDS. AS REQUIRED BY TAX LAW, ANY APPROPRIATE AMOUNTS ARE INCLUDED IN THE COMPENSATION OF THE INDIVIDUAL. |
| PART I, LINE 4A | ROBERT ROSECRANS, SEVERANCE $582,952 DAVID WILSON, SEVERANCE $582,980 LAWRENCE RUDNER, SEVERANCE $281,813 JOSE CARRERAS, SEVERANCE $99,992 |
| PART II COLUMN (C) | INCLUDED IN COLUMN (C) RETIREMENT AND DEFERRED COMPENSATION ARE AMOUNTS ACCRUED AS A BONUS AT DECEMBER 31, 2014. SINCE THE BONUS AMOUNTS ARE TO BE PAID AFTER MARCH 15, 2015, AN ACCRUAL FOR THIS COMPENSATION DEFERRED INTO THE FUTURE HAS BEEN INCLUDED IN COLUMN (C). SANGEET CHOWFLA 225,000 MARGARET JOBST 151,576 ROBERT ALIG 55,487 SHELLI H ARNOLD 124,259 RAMESH THADANI 135,249 SAMUEL REIMER 129,380 SHERRI SAMPSON 118,417 ASHOK SARATHY 71,884 FANMIN GUO 72,427 ANDREW MARTELLI 67,385 RICHARD D'AMATO 55,870 DAVID MOLDAVSKY 75,676 INCLUDED IN THE AMOUNT OF RETIREMENT AND DEFERRED COMPENSATION FOR SANGEET CHOWFLA IS A DEFERRED COMPENSATION INCENTIVE PLAN ACCRUAL OF $90,000 FOR 2013 AND $270,000 FOR 2014. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | PEARSON TEST OF ENGLISH: THE CONTRACT WITH PEARSON VUE WAS ENDED ON DECEMBER 5, 2014. |
| FORM 990, PART VI, SECTION A, LINE 6 | GRADUATE MANAGEMENT ADMISSION COUNCIL HAS ONE CLASS OF MEMBERS - GRADUATE BUSINESS MANAGEMENT SCHOOLS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT THE DEAN AND REPRESENTATIVE DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THERE IS ONE CLASS OF MEMBER. DECISIONS THAT REQUIRE THEIR APPROVAL ARE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND REVISIONS TO THE BYLAWS. EACH MEMBER HAS EQUAL VOTING RIGHTS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE MEMBERS OF THE BOARD OF DIRECTORS ARE EACH ELECTRONICALLY GIVEN ACCESS TO A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS AND ASKED TO REVIEW AND SUBMIT COMMENTS TO GMAC PRIOR TO FILING. VARIOUS GMAC OFFICERS AND STAFF ALSO REVIEWED THE FORM 990 PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, OFFICER AND KEY EMPLOYEE HAS AN ONGOING OBLIGATION TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS. FOR DIRECTORS, THE DISINTERESTED MEMBERS OF THE BOARD ARE RESPONSIBLE FOR REVIEWING AND DETERMINING WHETHER A CONFLICT EXISTS AND ANY RESTRICTIONS TO BE PLACED ON THE CONFLICTED DIRECTOR. FOR EMPLOYEES, THE CEO, GENERAL COUNSEL AND THE CHIEF OPERATING OFFICER, AS A GROUP, REVIEW POTENTIAL OR ACTUAL CONFLICTS, DETERMINE WHETHER A CONFLICT EXISTS, AND RECOMMEND ACTION. RESTRICTIONS RANGE FROM RECUSAL TO TERMINATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CEO. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES GMAC CORPORATE GOALS AND OBJECTIVES, EVALUATES THE CEO'S PERFORMANCE IN LIGHT OF SUCH GOALS AND OBJECTIVES AND DETERMINES COMPENSATION BASED ON THIS EVALUATION AND IN ACCORDANCE WITH ANY APPLICABLE EMPLOYMENT AGREEMENT. THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IN EVALUATING PERFORMANCE, INCLUDING OBTAINING AN ANNUAL COMPARABILITY ANALYSIS AS APPROPRIATE TO COMPLY WITH THE "REBUTTABLE PRESUMPTION" UNDER THE INTERMEDIATE SANCTIONS RULES OF IRC SECTION 4958. THE COMPENSATION COMMITTEE AND THE CEO ANNUALLY REVIEW THE COMPENSATION DATA FOR ALL OFFICERS. EVERY TWO YEARS A COMPENSATION ANALYSIS IS CONDUCTED FOR ALL EMPLOYEES. THE CEO AND COO REVIEW THE DATA AND DETERMINE APPROPRIATE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | GMAC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE FROM PRIOR YEAR. |
| FORM 8858, LINE 5: | GMAC IS AN U.S. ORGANIZATION THAT OWNS 100% OF THE THREE FOREIGN DISREGARDED ENTITIES (GMAC HONG KONG LIMITED, GMAC INDIA PRIVATE LTD AND GRADUATE MANAGEMENT GLOBAL CONNECTION). |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | EINEIN |
|---|---|---|---|---|---|---|---|---|
| GRADUATE MANAGEMENT ADMISSION COUNCIL HONG KONG LIMITED | ||||||||
| 2601 GOLDEN CENTRE 188 DES VOEUX | CENTRAL | HK | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | HK | $1,711,671 | $377,845 | GRADUATE MANAGEMENT ADMISSION COUNCIL | |
| GRADUATE MANAGEMENT ADMISSION COUNCIL INDIA PRIVATE LTD | ||||||||
| STE 303 SUNCITY BUSINESS TOWER GOLF | GURGAON | IN | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | IN | $904,137 | $342,024 | GRADUATE MANAGEMENT ADMISSION COUNCIL | 980699911 |
| GRADUATE MANAGEMENT GLOBAL CONNECTION | ||||||||
| CENTRAL CT 25 SOUTHAMPTON BLG | LONDON | UK | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | UK | $2,816,619 | $1,113,796 | GRADUATE MANAGEMENT ADMISSION COUNCIL | 980701860 |