2012-05-11T11:41:59-00:00 2011-06-30 PricewaterhouseCoopers LLP 1301 K Street NW 800W Washington DC 20005 990 2010-07-01 131623965 College Entrance Examination Board COLL 2127138140 45 Columbus Avenue New York NY 100236992 Thomas Higgins 2012-05-11 true Travis Patton 2024141000 2012-05-11 2010 2016-02-24 21:20:13Z The College Board Thomas Higgins Same As C Above 45 Columbus Avenue New York NY 10023 751374519 false X www.collegeboard.org X 1900 NY We connect students to college success and opportunity by providing programs and services in college readiness, connection, guidance, assessment, financial aid and educational advocacy for more than 7 million students and 5,900 members. 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The PSAT/NMSQT measures the critical reading, math and writing skills that students need for success in college it is given in more than 9,700 U.S. public school districts. Publications include The College Handbook, Scholarship Handbook, Book of Majors, Getting Financial Aid, and the College Counseling Sourcebook. SpringBoard is a Pre-AP program for grades 6-12. ReadiStep is a tool to help teachers guide middle school students. College Board Schools help middle and high school students in low-income and minority communities prepare for success in college. Please refer to Schedule O for more information. 221616135 342365 296276510 COLLEGE CONNECTION SUCCESS SYSTEMS SAT, the nations premier college admission test, was developed as a tool to democratize access to college for all students. The SAT is used by the vast majority of four-year colleges. Nearly 1.6 million students in the class of 2010 took the SAT, and minority students comprised more than 40 of test-takers. The College Board provided free preparation and testing for nearly 20 of SAT test takers in the class of 2010. The College Board helps colleges and universities to find students for their campuses and to allocate the financial aid effectively and efficiently. The College Board web site provided crucial and valuable information to more than 54 million visitors. Please refer to Schedule O for more information. 86697592 922331 26678385 Research, Data and Analysis Advocacy.......................................................................................... Membership........................................................................................ Other............................................................................................. 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Please note that there was no impact to the resulting percentage computed. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 742460 false false 742460 false false false 20092834 11733173 8359661 22690840 3820079 18870761 58201694 24111200 34090494 9629941 3151693 6478248 67799164 Partnerships 80109925 F NonPublicly Traded Stocks 37464404 F NonPublicly Traded Mutual Funds 40445167 F 158019496 Accrued Retirement Benefits 22059000 Deferred Rent 9910000 Investment In Subsidiaries 1361000 Other Liabilities 320994 33650994 X 2 The Board recognizes in the consolidated financial statements only those tax positions determined to be more likely than not of being sustained upon examination based on the technical merits of the positions under the presumption that the taxing authorities have full knowledge of all relevant facts. X 2 The determination of which tax positions are more likely than not of being sustained requires the use of significant judgments and estimates by management, which may or may not be borne out by actual results. As of June 30, 2011 and 2010, the Board had no reserves for uncertain tax positions. Central America and the Caribbean Program Services Outreach 6737 Central America and the Caribbean Program Services Testing 186998 East Asia and the Pacific Program Services Testing 1220254 East Asia and the Pacific Program Services Workshops 225006 East Asia and the Pacific Program Services Outreach 2048 Europe Program Services Testing 591348 Europe Program Services Workshops 102506 Middle East and North Africa Program Services Testing 1035310 Middle East and North Africa Program Services Workshops 47726 North America Program Services Testing 1268260 North America 1 Program Services Workshops 842527 North America Program Services Outreach 1071 Russia and the Newly Independent States Program Services Testing 60574 South America Program Services Testing 20115 South America Program Services Workshops 38732 South Asia Program Services Workshops 25589 Sub-Saharan Africa Program Services Workshops 39651 Central America and the Caribbean Investments Investments 78399121 Europe Investments 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Albany NY 12207 146046622 6000 Community Educational Programs Pharr San Juan Alamo School District PO Box 769 Pharr TX 78577 746001876 26500 Community Educational Programs Santa Ana Unified School 1601 E Chestnut Street Santa Ana CA 92701 956002823 8000 Community Educational Programs State Higher Education Executive Officers 3035 Center Green Drive Boulder CO 80301 237167258 501c3 16000 Community Educational Programs Teachers of English to Speakers of Other Languages 1925 Ballenger Avenue Alexandria VA 22314 237003530 501c3 10000 Community Educational Programs The Aspen Institute National Ed Forum One Dupont Circle Washington DC 20035 840399006 501c3 50000 Community Educational Programs The Council of State Governments PO Box 11910 Lexington KY 40578 366000818 23700 Community Educational Programs The Education Trust 1250 H Street NW Washington DC 20005 521982223 501c3 15000 Community Educational Programs The Mater Academy 6255 Bird Road Miami FL 33155 650857507 26500 Community Educational Programs The National Governors Association 444 North Capital Street Washington DC 20001 237391796 501c3 20000 Community Educational Programs The University of California 405 Hilgard Avenue Los Angeles CA 90095 952250801 501c3 20000 Community Educational Programs University Of Southern California 3470 Trousdale Pkwy Los Angeles CA 90089 951642394 501c3 20000 Community Educational Programs Urban Superintendents Association of America PO Box 1248 Chesapeake VA 23327 541774228 10125 Community Educational Programs WNETOrg 450 W 33 Street New York NY 10001 262810489 501c3 15000 Community Educational Programs World History Connected PO Box 816 Aspen CO 81612 010785524 501c3 15000 Community Educational Programs 29 9 Award for writing 1 10000 Scholarships for public Health research 119 342365 I 2 Procedures for Monitoring Use of Grants Funds in U.S. The College Board maintains accurate records of the amounts of grants in acordance with GAAP, documents selection criteria and eligibility, and monitors use of grant funds. X true true X X X X X X true true false false false false false false false Gaston Caperton 542189 633852 221731 31850 15509 1445131 Herbert Elish 450157 49478 54664 31850 15509 601658 Thomas Higgins 385927 27383 35027 31623 15509 495469 Neil Lane 336872 31977 18286 31850 15509 434494 Laurence Bunin 387647 44566 25385 31850 5973 495421 Eric Cantor 387647 56554 29920 31850 15509 521480 Diane Duggan 369245 31445 23838 31850 1003 457381 Trevor Packer 251719 28451 540 31850 5973 318533 Peter Negroni 386208 15880 39440 31850 5579 478957 Tom Rudin 297325 24842 16611 31850 15509 386137 Wayne Camara 292247 11039 11165 31850 346301 Mary C Scott 199667 26179 5973 231819 Dorothy Sexton 216478 3126 1976 29400 5973 256953 Steven Titan 274855 4147 35783 31850 12735 359370 Juliet Weissman 218316 7576 418 30777 15122 272209 Kathryn Juric 251316 25822 814 31850 5973 315775 Leroy Fails 284898 12049 54499 31850 15509 398805 Hal Higginbotham 364951 14485 31850 15509 426795 Stephen Meyer 295181 7338 9458 31850 15509 359336 Pamela Nelson 270296 48366 13675 31850 5973 370160 James Strande 324034 3106 31850 15509 374499 Edna Johnson 222244 3225 225469 I 1a and 4b............ President received deferred compensation 509,163 and a monthly housing allowance that is included in his taxable compensation. I 4a.......................... Edna Johnson received 222,244 in severance. Form 990 Part I 1.................... The College Board is a not-for-profit membership association that provides programs and services to help students prepare for and succeed in college. The College Board was created in 1900 to expand access to higher education. Today, the association is made up of more than 6,000 secondary schools, colleges, universities and other educational organizations. The College Board and its members are committed to the principles of excellence and equity in education, and that commitment is embodied in all of its programs, services and activities. The College Board works to improve education and respond to member needs and concerns. Form 990 Part I 1.................. The College Board served more than seven million students and their parents 23,000 high schools and 3,800 colleges through major programs and services in college admission, guidance, assessment, financial aid, enrollment, and teaching and learning. To further its mission, the College Board also conducts research collects data advocates on behalf of students, teachers, school counselors, admission and financial aid officers, and institutions of higher education works to improve education standards and practices and holds forums and workshops to address the issues of interest to its members. Form 990 Part I 1....... The SAT, the PSAT/NMSQT and the Advanced Placement Program AP are among the College Boards best-known programs. The College Board website is the most highly trafficked online college planning resource. The website provides critical information and helpful tools and services to millions of high school students every year. The site provides high-quality information about more than 3,800 college and universities, PSAT/NMSQT scores to students, career and college major exploration tools, SAT registration, and information and applications for a wide variety of financial aid resources. Form 990 Part III 4a................. COLLEGE READINESS To fulfill commitment to excellence in education, the College Board works to help prepare all students to succeed in rigorous course work and to realize that college is a possibility for them. Through programs developed for grades six to 12, the College Board helps schools promote high standards of learning, place writing at the center of the curriculum and offer college guidance. Form 990 Part III 4a................. COLLEGE READINESS Advanced Placement Program AP enables students to pursue college-level studies while still in high school. Through more than 30 college-level courses, each culminating in a rigorous exam, AP provides willing and academically prepared students with the opportunity to earn college credit or advanced placement, and also demonstrates to college admission officers that students have sought out the most rigorous curriculum available to them. College and university faculty play a vital role in ensuring that AP courses align with college-level standards by defining the curricular expectations of each course and through their review and approval of all AP teachers syllabi. Talented and dedicated AP teachers help AP students in classrooms around the world develop and apply the content knowledge and skills they will need in college. Form 990 Part III 4a................. COLLEGE READINESS AP Exams are an essential part of the AP experience, enabling students to demonstrate their mastery of college-level work. Most four-year colleges and universities in the United States and universities in over 60 countries recognize AP Exam scores in the admission process and/or award credit and placement for qualifying scores. Research consistently shows that students who score a 3 or higher on AP Exams typically experience greater academic success in college and are more likely to graduate on time than otherwise comparable non-AP peers. Visit www.collegeboard.org/ap/creditpolicy to view AP credit and placement policies at more than 1,000 colleges and universities. Form 990 Part III 4a................. COLLEGE READINESS PSAT/NMSQT is a comprehensive assessment program taken by more than 3.5 million students annually. The PSAT/NMSQT measures the critical reading, mathematics and writing skills that students need for success in college and beyond. It provides practice for the SAT entry into scholarship programs detailed feedback valuable resources for students, schools, and districts personalized college and career planning tools and data and reporting resources that help educators increase access to rigorous courses while improving teaching and learning. Form 990 Part III 4a................. COLLEGE READINESS Publications The College Board offers publications, professional development and supplemental curriculum materials to help educators prepare students for success in college and beyond by providing a collaborative academic and career exploration curriculum for students, educators and parents. The program includes middle and high school family guides, as well as an online component to help students and their parents plan for, apply to and pay for college. Form 990 Part III 4a................. COLLEGE READINESS The College Handbook, Scholarship Handbook, Book of Majors and Getting Financial Aid provide valuable information to prospective students and their parents. The College Counseling Sourcebook Advice and Strategies from Experienced School Counselors is an essential reference for counselors across the country. SpringBoard is the College Boards official Pre-AP program for grades 6 through 12 in English Language Arts and Mathematics, based on the rigorous College Board Standards for College Success. Written by teachers for teachers, SpringBoard is a research-based college readiness program designed to prepare all students for AP and college success through integrated instructional materials, formative assessments and sustained professional development. Form 990 Part III 4a................. COLLEGE READINESS ReadiStep is a low-stakes middle school assessment that helps teachers provide the guidance students need to prepare for high school and college, developed by the College Board in partnership with education experts. ReadiStep identifies areas in which students need to develop their skills, as well as students who are ready for more advanced course work. ReadiStep is vertically aligned with the PSAT/NMSQT and SAT and measures the skills in three fundamental academic disciplines critical reading, mathematics, and writing skills. Form 990 Part III 4a................. COLLEGE READINESS To help students in underrepresented groups enter the pipeline to higher education, the College Board, with the support of the Bill and Melinda Gates Foundation and the Michael and Susan Dell Foundation, created 15 public COLLEGE BOARD SCHOOLS for grades 6-12 that serve students in low-income and minority communities with the aim of preparing neighborhood students for access to and success in college. Form 990 Part III 4a................. COLLEGE READINESS The College Board EXCELerator team of consultants works closely with school districts to support college readiness for all students. The District and EXCELerator team diagnose a Districts college readiness infrastructure, then work together to prioritize and implement needed improvements. Form 990 Part III 4a................. COLLEGE READINESS The Chinese Language and Culture Initiatives is a collaboration with the Confucius Institute Headquarters/Hanban of China to support the growth of Chinese language education in U.S. schools and build a solid foundation for the AP Chinese language and culture course and exam. 174 guest teachers from China are placed in elementary, middle and high schools across the United States. In 2010, about 400 U.S. educators traveled to China for a week-long educational tour as guests of Hanban. In collaboration with the Asia Society, the College Board co-hosts the National Chinese Language Conference, attracting nearly 1,000 educators annually. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS..... By understanding students strengths and skills, teachers can help students succeed in high school and beyond. To help students build on their strengths and address weaknesses, the College Board has developed assessments for use by teachers, schools, students and colleges. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS.... SAT, the nations premier college admission test, was developed as a tool to democratize access to college for all students. The SAT measures the academic skills and knowledge that students acquire in high school. It also shows how well students can apply their knowledge, a factor that educators and researchers agree is critical to success in college course work. The SAT is accepted and used by the vast majority of nonprofit four-year colleges, including open-admission colleges. Nearly 1.6 million students in the class of 2010 took the SAT, and minority students comprised more than 40 percent of test-takers. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS The College Board provided SAT fee waivers to low-income students nearly 20 percent of SAT takers of the 2010 class for whom exam fees would present an unnecessary barrier in the college-going process. The directory of colleges that have agreed to waive application fees for students participating in the SAT fee-waiver program is located at http//www.collegeboard.org/proddownloads/sat/directory-of-colleges-for-sat-program-fee-waivers.pdf. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS College-Level Examination Program CLEP assesses students college-level knowledge, regardless of where the knowledge was acquired. Students can use the CLEP examinations to demonstrate learning and earn placement, credit or exemption from introductory college-level courses. ACCUPLACER, an Internet-based computer-adaptive assessment system, provides an immediate and accurate determination of student skills and specified developmental needs. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS Enrollment Services The College Board works with colleges and universities to help them find the best students for their campuses and to effectively and efficiently distribute the financial aid that will help students complete their education. The College Board provides a suite of financial aid, recruitment and admission services that help colleges and students achieve their goals. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS College Scholarship Service pioneered need-based financial aid concepts and methodologies more than five decades ago. Today, the College Boards various financial aid programs and services help institutions distribute resources efficiently, while supporting equity and a high level of service. PowerFAIDS is an all-encompassing financial aid management system. Institutional Need Analysis System INAS is a need-analysis calculator that allows colleges to determine estimated family contributions. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS CSS/Financial Aid PROFILE is a service provided to colleges and universities to make sensitive financial aid decisions and to students and families to apply for institutional aid. Fee Waivers are granted automatically to first-time applicants from low-income families. Colleges use the Institutional Documentation Service IDOC to greatly reduce the amount of paper in their offices. On a colleges behalf, the College Board will collect documents from applicants, scan them, enter tax return and W-2 data, and transmit data electronically to institutions, making the process easier for colleges, students and parents. The College Boards Net Price Calculator Service, launched in October 2010, assists colleges in providing student-specific information about their net price. Form 990 Part III 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS Enrollment Planning Service EPS and Descriptor PLUS are data services that make use of College Board information to provide institutions with intelligence on trends and conditions that directly affect their enrollment management strategy. Student Search Service provides colleges, universities and scholarship organizations with access to college-bound students who wish to be recruited. Colleges and universities use the Admitted Student Questionnaire ASQ to determine how they might improve aspects of their institutions, such as academic offerings or recruitment materials. Form 990 Part III 4c..................RESEARCH, DATA ANALYSIS..... Annual survey of colleges collects information of use to students, parents, counselors and educators about the characteristics of accredited colleges, including programs, costs, application requirements and deadlines. The data are used to produce the College Boards popular College Search program on collegeboard.org the College Handbook, now in its 47th edition, and the annual Trends in College Pricing, part of the Trends in Higher Education Series. The Annual Survey of Colleges data are also used by journalists and researchers. Form 990 Part III 4c..................RESEARCH, DATA ANALYSIS..... Research and Development Department conducts research on issues of importance to core programs, such as the SAT and AP, and evaluations of newer programs, such as SpringBoard and College Board Schools. Results are often disseminated through published research reports and presentations at various educational conferences, including the conference of the American Educational Research Association. Form 990 Part III 4c..................RESEARCH, DATA ANALYSIS..... AP Report to the Nation reported educators quantifiable successes in helping a wider, more ethnically diverse segment of students gain access to and achieve success in college-level work. In September, the College Board released the results of an analysis of the years graduating class of SAT takers, noting a higher number of first-generation students than last year and a high rate of minority student participation. Form 990 Part III 4c..................RESEARCH, DATA ANALYSIS..... Trends in College Pricing 2011 and Trends in Student Aid 2011 showed that public college prices rose rapidly over the past decade. However, increases in financial aid, especially from the federal government, have prevented the net prices students pay for tuition and fees from rising over time in inflation-adjusted dollars. The reports also documented a wide variation in prices in a diverse higher education system. The Trends in Higher Education Series supplies important statistics, information and analysis for policymakers, educators, news media and the public, as well as thousands of College Board members. Form 990 Part III 4c..................ADVOCACY..... Education Comes First The College Board builds critical connections between policy research and real-world experience, making innovative ideas accessible and actionable to drive fundamental systemic reform in education. The College Board is dedicated to the study of educational opportunity and success. It conducts research and analyses on policies and educational challenges related to three policy areas college preparation and access, college affordability and financial aid, college admission and completion. Form 990 Part III 4c..................ADVOCACY..... The College Board provides data, tools and resources to policymakers and educators to broaden the reach of programs that work, while also improving educational opportunities and outcomes. Critical information about college access and affordability is provided to policymakers, educators, parents and students to improve the school-to college transition and increase college completion rates, especially for traditionally underserved groups. Form 990 Part III 4c..................ADVOCACY..... The College Board engages a national network of policymakers, practitioners, researchers and innovators to share ideas, explore solutions to seemingly intractable problems in education, and identify gaps in information. Throughout the year the College Board hosts policy forums and roundtables, convening innovative minds to radically rethink how education is delivered in America. The College Boards work is focused on three areas critical to college success. A portfolio of research-based initiatives addresses the challenges and opportunities in each area. Form 990 Part III 4c..................ADVOCACY..... College Preparation Access We provide evidence-based tools, resources and effective practices to help educators build a college-ready culture of high expectations and achievement. We also raise awareness of the value and importance of K-12 teachers and school counselors, who work directly with students, their families and their communities. Key initiatives include The College Keys Compact, School Counselor Advocacy, Educational Challenges Facing Young Men of Color, Teacher Advocacy and the National Writing Project, and Arts at the Core. Form 990 Part III 4c..................ADVOCACY..... College Affordability Financial Aid All students should have access to an affordable college experience. We offer recommendations to improve and simplify the student financial aid system to make enrollment and full participation in the college experience possible for all students. We also provide institutions and policymakers with data that shed light on the current state of college prices and student financial aid, as well as long-term pricing and financial aid trends. Key initiatives include Rethinking Student Aid, Trends in Higher Education Series, and Education Pays. Form 990 Part III 4c..................ADVOCACY..... College Admission Completion Making the benefits of higher education available to more people improves lives and strengthens our nation. The College Board offers recommendations to simplify the college admission and transfer processes, promote the educational benefits of diversity and improve college completion rates. We develop evidence-based practices and policies to increase post secondary attainment, particularly among students from low-income and minority backgrounds, as well as underserved schools and districts. Form 990 Part III 4c..................ADVOCACY..... The Annual College Completion Agenda A comprehensive progress report on rigorous indicators aligned to 10 interdependent recommendations -- charts the progress of the nation and each of the 50 states toward the goal of 55 college completion by 2025. The report points out success in individual states, while acknowledging the formidable challenges that remain at every level of the system for students who aspire to enroll and succeed in college. Key initiatives include College Completion Agenda, Access Diversity Collaborative, Admissions in the 21st Century, and Community College Transfer and Retention. Form 990 Part III 4c.................MEMBERSHIP..... College Board recruits and maintains new members, supports governance activities and works to strengthen relationships between College Board staff and members to achieve our shared goals. Through programs, services and large-scale conferences, the College Board seeks to foster community, expand knowledge and enhance the profession among its more than 6,000 members from the United States and abroad. Professional development is another important component of College Board services. Support for teachers, counselors and administrators includes online resources, workshops, conferences and publications. Form 990 Part III 4c..................ADVOCACY..... To further foster the College Boards mission of connecting all students-including those with disabilities-to college success, Services for Students with Disabilities staff works hard to ensure that students with disabilities receive the accommodations necessary to participate in College Board testing. To determine who requires an accommodation, the College Board uses qualified professionals, both in-house staff and our national panel of experts, to review and assess every request on an individual basis. A number of other services assist colleges and universities in finding students who will succeed on their campuses, managing these students financial aid needs and evaluating their educational outcomes. Form 990 Part III 4c..................ADVOCACY..... Other initiatives build on the College Boards mission to connect students to college success by working to improve academic preparation increase access to college maximize our nations higher education system, which includes addressing graduation and retention and consider the gamut of K-12 issues. Form 990 Part VI 6........................ The College Board is a membership corporation chartered by the NYS Board of Regents whose members are institutions, systems, organizations and agencies engaged in or serving post secondary/higher and secondary education and working to support preparation for and transition to post secondary/higher education. Form 990 Part VI 7a...................... Members elect 30 of the 31 members of the governing body, the Board of Trustees, by appointing delegates who represent them at meetings of the College Board, Regional Assemblies, and National Assemblies as follows 9 Trustees are elected by 6 Regional Assemblies, 6 Trustees are elected by 3 National Asssemblies, and 15 Trustees are elected at-large nationally. Form 990 Part VI 7b....................... If the governing board proposes an amendment of the corporate Charter or bylaws, a two-thirds vote of the members is required to approve the proposed amendment. Members may also suspend the Bylaws with a unanimous vote when a quorum is present at a meeting. Form 990 Part VI 11b...................... The 990 is reviewed by the Tax Director, the College Boards public accounting firm, the Chief Accounting Officer, members of the senior management team, and the Audit Committee of the Board of Trustees before it is provided to the Board of Trustees. Form 990 Part VI 12c.................... Annual Disclosure Statement........... Each year, the College Board Office provides the Trustees, Officers, and Executive Directors Guidelines for Avoiding Conflicts of Interest, Maintaining Confidentiality, and Barring Insider Trading and requires them to sign annual disclosure statements, which are reviewed by the College Board Offices of the Secretary and General Counsel. Form 990 Part VI 12c contd........ The College Board Employee Handbook Handbook sets forth the College Board policies on conflicts, which require employees to report actual and potential conflicts in writing. A violation will result in immediate discipline, including immediate termination. Ethics and Compliance Reporting System is an additional mechanism for both employees and non-employees to raise concerns in an anonymous and confidential manner through an internet based ethics and compliance reporting system and call center. Reports submitted are reviewed by the College Board Office of the General Counsel. Form 990 Part VI 15b.................... Compensation for top management is reviewed annually by an external consulting firm and by the Compensation Committee of the Board of Trustees. Form 990 Part VI 19...................... The College Board complies with all laws requiring public disclosure of governing documents, conflict of interest policies, and financial statement reporting. The College Boards Bylaws, Charter, and Assembly Governance Plans are available at collegeboard.org. Form 990 Part VII Gaston Caperton does not receive any compensation for his Trustee role. College Board Trustees do not receive any compensation in their capacity as a Trustee. Guidelines adopted by the Board of Trustees on October 3, 2008 no longer permit payments to a Trustee for service beyond the scope of his or her service as a Trustee of the College Board which must be fully disclosed. The listed payments were honoraria provided to members of academic committees related to committee service prior to their becoming trustees. Form 990 Part VIII 2d................................................................ Other Program Service Revenue of 26,678,385 is made up of the following ............. Puerto Rico/Latin America Programs.......... 12,181,000............................... Regional Advisory Services............................. 4,724,000........................... Program General.............................................. 5,906,179..................... Membership Dues and Assessments .........2,503,938................................ Relationship Development .....................1,126,465..................................... Research and Psychometrics................ 223,000.................................. Government Affairs................................ 13,803. Form 990 Part IX 11g................... This expense consists of consulting and contractual vendor services for test administration and fulfillment. Form 990 Part XI 2b...................... The College Boards financial statements were audited on a consolidated basis. Form 990 Part XI 5.................................................................. Change in Accounting for Post retirement benefits......................1,080,000....... Release of Temporarily Restricted Net Assets.............................3,232,222...... Unrealized Gain on Investment................................................... 31,678,534 Total ...........................................................................27,366,312 Form 990 3 Part I-B, SCHEDULE C........... The College Board did not incur a section 4955 tax for the year and therefore the filing of Form 4720 is not applicable. Form 990 Part V Cayman Islands, United Kingdom and British Virgin Islands. Form 990 Part I Line 1.................... The College Board is a not-for-profit membership association that provides programs and services to help students prepare for and succeed in college. The College Board was created in 1900 to expand access to higher education. Today, the association is made up of more than 6,000 secondary schools, colleges, universities and other educational organizations. The College Board and its members are committed to the principles of excellence and equity in education, and that commitment is embodied in all of its programs, services and activities. The College Board works to improve education and respond to member needs and concerns. Form 990 Part I Line 1.................. The College Board served more than seven million students and their parents 23,000 high schools and 3,800 colleges through major programs and services in college admission, guidance, assessment, financial aid, enrollment, and teaching and learning. To further its mission, the College Board also conducts research collects data advocates on behalf of students, teachers, school counselors, admission and financial aid officers, and institutions of higher education works to improve education standards and practices and holds forums and workshops to address the issues of interest to its members. Form 990 Part I Line 1....... The SAT, the PSAT/NMSQT and the Advanced Placement Program AP are among the College Boards best-known programs. The College Board website is the most highly trafficked online college planning resource. The website provides critical information and helpful tools and services to millions of high school students every year. The site provides high-quality information about more than 3,800 college and universities, PSAT/NMSQT scores to students, career and college major exploration tools, SAT registration, and information and applications for a wide variety of financial aid resources. Form 990 Part III Line 4a................. COLLEGE READINESS To fulfill commitment to excellence in education, the College Board works to help prepare all students to succeed in rigorous course work and to realize that college is a possibility for them. Through programs developed for grades six to 12, the College Board helps schools promote high standards of learning, place writing at the center of the curriculum and offer college guidance. Form 990 Part III Line 4a................. COLLEGE READINESS Advanced Placement Program AP enables students to pursue college-level studies while still in high school. Through more than 30 college-level courses, each culminating in a rigorous exam, AP provides willing and academically prepared students with the opportunity to earn college credit or advanced placement, and also demonstrates to college admission officers that students have sought out the most rigorous curriculum available to them. College and university faculty play a vital role in ensuring that AP courses align with college-level standards by defining the curricular expectations of each course and through their review and approval of all AP teachers syllabi. Talented and dedicated AP teachers help AP students in classrooms around the world develop and apply the content knowledge and skills they will need in college. Form 990 Part III Line 4a................. COLLEGE READINESS AP Exams are an essential part of the AP experience, enabling students to demonstrate their mastery of college-level work. Most four-year colleges and universities in the United States and universities in over 60 countries recognize AP Exam scores in the admission process and/or award credit and placement for qualifying scores. Research consistently shows that students who score a 3 or higher on AP Exams typically experience greater academic success in college and are more likely to graduate on time than otherwise comparable non-AP peers. Visit www.collegeboard.org/ap/creditpolicy to view AP credit and placement policies at more than 1,000 colleges and universities. Form 990 Part III Line 4a................. COLLEGE READINESS PSAT/NMSQT is a comprehensive assessment program taken by more than 3.5 million students annually. The PSAT/NMSQT measures the critical reading, mathematics and writing skills that students need for success in college and beyond. It provides practice for the SAT entry into scholarship programs detailed feedback valuable resources for students, schools, and districts personalized college and career planning tools and data and reporting resources that help educators increase access to rigorous courses while improving teaching and learning. Form 990 Part III Line 4a................. COLLEGE READINESS Publications The College Board offers publications, professional development and supplemental curriculum materials to help educators prepare students for success in college and beyond by providing a collaborative academic and career exploration curriculum for students, educators and parents. The program includes middle and high school family guides, as well as an online component to help students and their parents plan for, apply to and pay for college. Form 990 Part III Line 4a................. COLLEGE READINESS The College Handbook, Scholarship Handbook, Book of Majors and Getting Financial Aid provide valuable information to prospective students and their parents. The College Counseling Sourcebook Advice and Strategies from Experienced School Counselors is an essential reference for counselors across the country. SpringBoard is the College Boards official Pre-AP program for grades 6 through 12 in English Language Arts and Mathematics, based on the rigorous College Board Standards for College Success. Written by teachers for teachers, SpringBoard is a research-based college readiness program designed to prepare all students for AP and college success through integrated instructional materials, formative assessments and sustained professional development. Form 990 Part III Line 4a................. COLLEGE READINESS ReadiStep is a low-stakes middle school assessment that helps teachers provide the guidance students need to prepare for high school and college, developed by the College Board in partnership with education experts. ReadiStep identifies areas in which students need to develop their skills, as well as students who are ready for more advanced course work. ReadiStep is vertically aligned with the PSAT/NMSQT and SAT and measures the skills in three fundamental academic disciplines critical reading, mathematics, and writing skills. Form 990 Part III Line 4a................. COLLEGE READINESS To help students in underrepresented groups enter the pipeline to higher education, the College Board, with the support of the Bill and Melinda Gates Foundation and the Michael and Susan Dell Foundation, created 15 public COLLEGE BOARD SCHOOLS for grades 6-12 that serve students in low-income and minority communities with the aim of preparing neighborhood students for access to and success in college. Form 990 Part III Line 4a................. COLLEGE READINESS The College Board EXCELerator team of consultants works closely with school districts to support college readiness for all students. The District and EXCELerator team diagnose a Districts college readiness infrastructure, then work together to prioritize and implement needed improvements. Form 990 Part III Line 4a................. COLLEGE READINESS The Chinese Language and Culture Initiatives is a collaboration with the Confucius Institute Headquarters/Hanban of China to support the growth of Chinese language education in U.S. schools and build a solid foundation for the AP Chinese language and culture course and exam. 174 guest teachers from China are placed in elementary, middle and high schools across the United States. In 2010, about 400 U.S. educators traveled to China for a week-long educational tour as guests of Hanban. In collaboration with the Asia Society, the College Board co-hosts the National Chinese Language Conference, attracting nearly 1,000 educators annually. Form 990 Part III Line 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS..... By understanding students strengths and skills, teachers can help students succeed in high school and beyond. To help students build on their strengths and address weaknesses, the College Board has developed assessments for use by teachers, schools, students and colleges. Form 990 Part III Line 4b................. COLLEGE CONNECTION SUCCESS SYSTEMS.... SAT, the nations premier college admission test, was developed as a tool to democratize access to college for all students. The SAT measures the academic skills and knowledge that students acquire in high school. It also shows how well students can apply their knowledge, a factor that educators and researchers agree is critical to success in college course work. The SAT is accepted and used by the vast majority of nonprofit four-year colleges, including open-admission colleges. 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