UNITED STUDENT AID FUNDS INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- UNITED STUDENT AID FUNDS INC (EIN 94-6050341)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-08-04
- IRS object ID
- 201122169349300127
- Schema version
- 2009v1.7
- 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 I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-04T12:01:44-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 2000 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 462045108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 946050341 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED STUDENT AID FUNDS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIT | NameControl |
| Phone | 3178061231 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 Crosspoint Blvd No 400 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN C HAM | Name |
| Title | SR VP & CFO | Title |
| Phone | 3178061231 | Phone |
| Date Signed | 2011-08-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHAWNA M JIMENEZ | Name |
| Phone | 3174648600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Carl Dalstrom | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 Crosspoint Blvd Ste 400 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 799957560 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.usafunds.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | To enhance postsecondary education preparedness, access and success. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 127 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 409984853 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 395343051 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3055712 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12139857 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 413040565 | TotalRevenuePriorYear |
| Total Revenue Current Year | 407482908 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 6198260 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 7051855 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15203898 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16598238 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 359270047 | OtherExpensePriorYear |
| Other Expenses Current Year | 327540376 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 380672205 | TotalExpensesPriorYear |
| Total Expenses Current Year | 351190469 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 32368360 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 56292439 | RevenuesLessExpensesCY |
| Total Assets BOY | 1005397251 | TotalAssetsBOY |
| Total Assets EOY | 1082676028 | TotalAssetsEOY |
| Total Liabilities BOY | 654856438 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 569983129 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 350540813 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 512692899 | NetAssetsOrFundBalancesEOY |
| Mission Description | USA Funds' mission is to enhance postsecondary education preparedness, access and success by providing and supporting financial and other valued services. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 81701979 | Expense |
| Revenue | 80765642 | Revenue |
| Description | Guarantee Services - USA Funds guaranteed over $7.7 billion of educational loans and maintains a portfolio of over $91 billion in outstanding educational loans in accordance with the Higher Education Act of 1965, as amended. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 39813860 | Expense |
| Revenue | 47129099 | Revenue |
| Description | Default Aversion - USA Funds worked with borrowers and successfully averted defaults on over $26.3 billion of delinquent educational loans reported by lenders in the current year. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 190827128 | Expense |
| Revenue | 247196936 | Revenue |
| Description | Collection on Defaulted Loans - USA Funds successfully collected over $1.26 billion on defaulted educational loans in the current year | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 19292472 | Expense |
| Grants | 7051855 | Grants |
| Revenue | 20251374 | Revenue |
| Description | Includes other guarantor revenues, as defined by the U.S. Higher Education Act, and administrative fees charged to related tax-exempt organizations. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 19292472 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 7051855 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 20251374 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 331635439 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 81 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 127 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deborah L McCloud | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3178061231 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9998 Crosspoint Blvd Suite 400 | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 462563307 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Carl Dalstrom | ||||||||
| President & CEO | 40.00 | X | X | 582330 | 0 | 192229 | ||
| Ike Batalis | ||||||||
| Board Member | 4.00 | X | 50900 | 0 | 0 | |||
| Rev William Beauchamp | ||||||||
| Board Member | 6.00 | X | 41550 | 0 | 0 | |||
| Blake Devitt | ||||||||
| Board Member | 4.00 | X | 45750 | 0 | 0 | |||
| Marshall Grigsby | ||||||||
| Board Member | 5.00 | X | 45750 | 0 | 0 | |||
| Norman Lefstein | ||||||||
| Board Member | 4.00 | X | 45000 | 0 | 0 | |||
| Ilene Nagel | ||||||||
| Board Member | 6.00 | X | 40500 | 0 | 0 | |||
| William Neale | ||||||||
| Board Member | 4.00 | X | 52500 | 0 | 0 | |||
| Ernest Newborn II | ||||||||
| Board Member | 5.00 | X | 46500 | 0 | 0 | |||
| Edward Schmidt | ||||||||
| Board Member | 4.00 | X | 50150 | 0 | 0 | |||
| Stephen Ham | ||||||||
| Sr VP & CFO | 40.00 | X | 314406 | 0 | 84370 | |||
| David Boodt | ||||||||
| Sr VP & General Counsel | 40.00 | X | 293349 | 0 | 90562 | |||
| Denise Feser | ||||||||
| Sr VP School & Student Services | 40.00 | X | 289182 | 0 | 76194 | |||
| Gregory Ayers | ||||||||
| Sr VP Gov't Services & Admin | 40.00 | X | 250237 | 0 | 73664 | |||
| Terry Muilenburg | ||||||||
| Sr VP Gov't Relations | 40.00 | X | 305801 | 0 | 97357 | |||
| Robert Ballard | ||||||||
| Sr VP Access & Outreach | 40.00 | X | 273167 | 0 | 68477 | |||
| Deborah McCloud | ||||||||
| VP & Controller | 40.00 | 183472 | 0 | 60215 | X | |||
| Henry Fernandez | ||||||||
| VP Gov't Relations | 40.00 | 175442 | 0 | 60413 | X | |||
| Anne Calvert | ||||||||
| VP Fin Analysis & Budget | 40.00 | 151612 | 0 | 43894 | X | |||
| Joni Anderson | ||||||||
| VP & Sr. Corp Counsel | 40.00 | 150097 | 0 | 41554 | X | |||
| Frank Spall | ||||||||
| Director, Audit | 40.00 | 149628 | 0 | 49945 | X | |||
| LORRAINE TENIYA | ||||||||
| DIR. CUSTOMER RELATIONS | 40.00 | 145514 | 0 | 43234 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3682837 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 982108 | TotalOtherCompensation |
| Number Individuals GT100 K | 31 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sallie Mae | |||||
| 11100 USA Parkway | Fishers | IN | 46038 | Guarantor Services | 299105183 |
| Student Assistance Corporation | |||||
| 11100 USA Parkway | Fishers | IN | 46038 | Default Aversion Activities | 47110014 |
| Sealund & Associates Corp | |||||
| 450 Carillon Parkway Ste 105 | St Petersburg | FL | 33716 | Software Development | 2030452 |
| Noel - Levitz Inc | |||||
| 2101 Act Circle | Iowa City | IA | 522459581 | Consulting & Software Development | 677500 |
| ELM Resources | |||||
| 500 12th Street Suite 300 | Oakland | CA | 94607 | Loan Originations | 408471 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 29 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Collections on Default | 522200 | 247196936 | 247196936 |
| Guarantee Services | 522200 | 80765642 | 80765642 |
| Default Aversion Fees | 522200 | 47129099 | 47129099 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20251374 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20251374 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 395343051 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10018941 | TotalRevenueColumn |
| Exclusion | $10,018,941 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 394484981 | Securities |
| Other | 110587 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 392474652 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2010329 | Securities |
| Other | 110587 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2120916 | TotalRevenueColumn |
| Exclusion | $2,120,916 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 407482908 | TotalRevenueColumn |
| Related Or Exempt Function Income | 395343051 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $12,139,857 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6018456 | Total |
| Program Services | 6018456 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1033399 | Total |
| Program Services | 1033399 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3459844 | Total |
| Management And General | 3459844 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9504004 | Total |
| Program Services | 3205534 | ProgramServices |
| Management And General | 6298470 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 443716 | Total |
| Program Services | 156228 | ProgramServices |
| Management And General | 287488 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2432958 | Total |
| Program Services | 871108 | ProgramServices |
| Management And General | 1561850 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 757716 | Total |
| Program Services | 214781 | ProgramServices |
| Management And General | 542935 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 602250 | Total |
| Program Services | 370409 | ProgramServices |
| Management And General | 231841 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335726 | Total |
| Management And General | 335726 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 396631 | Total |
| Management And General | 396631 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411673 | Total |
| Management And General | 411673 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3921298 | Total |
| Program Services | 1852176 | ProgramServices |
| Management And General | 2069122 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 984038 | Total |
| Program Services | 408416 | ProgramServices |
| Management And General | 575622 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 120068 | Total |
| Program Services | 34637 | ProgramServices |
| Management And General | 85431 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8487468 | Total |
| Program Services | 7885931 | ProgramServices |
| Management And General | 601537 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 787397 | Total |
| Management And General | 787397 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 793462 | Total |
| Program Services | 296649 | ProgramServices |
| Management And General | 496813 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199369 | Total |
| Program Services | 81882 | ProgramServices |
| Management And General | 117487 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9518 | Total |
| Management And General | 9518 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 353261 | Total |
| Program Services | 160 | ProgramServices |
| Management And General | 353101 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 271468 | Total |
| Management And General | 271468 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Collection Expense | 190802974 | 190802974 | 0 | 0 |
| ACCT. MAINT. & ISSUANCE | 69652908 | 69652908 | 0 | 0 |
| Default Aversion Fees | 39813860 | 39813860 | 0 | 0 |
| Default Fee Expense | 8902495 | 8902495 | 0 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 694512 | Total |
| Program Services | 33436 | ProgramServices |
| Management And General | 661076 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 351190469 | Total |
| Program Services | 331635439 | ProgramServices |
| Management And General | 19555030 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39861161 | BOY |
| EOY | 36469370 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124778125 | BOY |
| EOY | 80023278 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89339615 | BOY |
| EOY | 78817321 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2263147 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1000765 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1178875 | BOY |
| EOY | 1262382 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297649383 | BOY |
| EOY | 491591553 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 452590092 | BOY |
| EOY | 394512124 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1005397251 | BOY |
| EOY | 1082676028 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156454343 | BOY |
| EOY | 117021036 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1526699 | BOY |
| EOY | 200152 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89268875 | BOY |
| EOY | 87199310 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407606521 | BOY |
| EOY | 365562631 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654856438 | BOY |
| EOY | 569983129 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350540813 | BOY |
| EOY | 512692899 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350540813 | BOY |
| EOY | 512692899 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1005397251 | BOY |
| EOY | 1082676028 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 119312162 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 138768631 | CurrentTaxYearMinus3Years |
| Total | 258080793 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 119312162 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 138768631 | CurrentTaxYearMinus3Years |
| Total | 258080793 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 258080793 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13705478 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 14659340 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14152105 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11509585 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10018941 | CurrentTaxYear |
| Total | 64045449 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 322126242 | TotalSupport |
| Gross Receipts From Admissions Etc | 1758296450 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.80120 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.82000 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Amt Of4955 Tax | 0 | AmtOf4955Tax |
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $30,000 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $345,517 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $40,500 | RalliesDemonstrationsAmount |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 416017 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 171524 | OtherCostOrOtherBasis |
| Depreciation | 25436 | Depreciation |
| Book Value | 146088 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1567134 | OtherCostOrOtherBasis |
| Depreciation | 783581 | Depreciation |
| Book Value | 783553 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 524489 | OtherCostOrOtherBasis |
| Depreciation | 191748 | Depreciation |
| Book Value | 332741 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1262382 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Receivable from Fed Fund | 5742177 |
| Assets held on behalf of Fed Reserve | 365562631 |
| Note from SMS | 22808000 |
| Due from Affiliates | 385446 |
| Defaulted Loans Purchased | 13870 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 394512124 | TotalBookValueOtherAssets |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part IV, Line 2b: | PART IV, LINE 2B: USA FUNDS HOLDS FEDERAL RESERVE FUNDS IN TRUST FOR THE U.S. DEPARTMENT OF EDUCATION. |
| PART X, LINE 2 PER THE FINANCIAL STATEMENTS OF UNITED STUDENT AID FUNDS, INC., USA FUNDS ACCOUNTS FOR UNCERTAINITIES IN INCOME TAXES ON A MORE-LIKELY-THAN-NOT CRITERIA BASED ON THE POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE ARE NO UNCERTAINITIES THAT REQUIRE RECOGNITION OR DISCLOSURE AS OF SEPTEMBER 30, 2010 AND 2009. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (112 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 100 BLACK MEN OF INDIANAPOLIS | |||||||||||
| 3901 N MERIDIAN | INDIANAPOLIS | IN | 46208 | 351813852 | 501c3 | 20000 | TEAM MENTORING | ||||
| Advance | |||||||||||
| 120 E La Habra Blvd 103 A | La Habra | CA | 90631 | 760730386 | 501c3 | 10000 | ON TO COLLEGE | ||||
| ALLIANCE FOR EDUCATION | |||||||||||
| 509 OLIVE WAY SUITE 500 | SEATTLE | WA | 98101 | 911508191 | 501c3 | 25000 | COLLEGE ACCESS & SUCCESS: BUILDING SUPPORTS FOR STUDENTS IN SCHOOLS & IN THE COMMUNITY. | ||||
| American Indian College Fund | |||||||||||
| 8333 Greenwood Blvd | Denver | CO | 80221 | 521573446 | 501c3 | 245000 | USAF TRIBAL COLLEGE SCHOLARSHIP PROGRAM AND FLAME OF HOPE GALA | ||||
| AMERICAN RED CROSS | |||||||||||
| PO Box 37295 | WASHINGTON | DC | 20013 | 530196605 | 501c3 | 10000 | HAITIAN RELIEF EFFORT | ||||
| Arizona Commission for Postsecondary Education | |||||||||||
| 2020 North Central Suite 650 | Phoenix | AZ | 85004 | 866004791 | 501c3 | 35000 | COLLEGE GOAL SUNDAY | ||||
| Asian and Pacific Islander American Scholarship Fund | |||||||||||
| 1900 L Street NW Suite 210 | Washington | DC | 20036 | 571192973 | 501c3 | 275000 | RESEARCH, SCHOLARSHIPS, AND POLICY COLLABORATIVE (RPC) | ||||
| Barnes United Methodist Church | |||||||||||
| 900 W 30th Street | Indianapolis | IN | 462085038 | 351308958 | 501c3 | 20000 | THE DISTINGUISHED GENTLEMEN'S LEAGUE | ||||
| Barrio Logan College Institute | |||||||||||
| 1807 Main Street San Diego | San Diego | CA | 92113 | 330771222 | 501c3 | 20000 | COLLEGE PREP PIPELINE | ||||
| BE A LEADER FOUNDATION | |||||||||||
| 6850 N CENTRAL AVENUE | PHOENIX | AZ | 85012 | 550850279 | 501C3 | 10000 | BE A LEADER FOUNDATION COLLEGE GOING PROGRAMS | ||||
| Ben Davis High School | |||||||||||
| 1200 N Girls School Rd | Indianapolis | IN | 46214 | 351072270 | 501c3 | 20000 | GIANT KINGS | ||||
| BOYS & GIRLS CLUB OF INDIANAPOLIS | |||||||||||
| 2236 E 10TH STREET STE 200 | INDIANAPOLIS | IN | 46201 | 350888754 | 501c3 | 25000 | SCHOLARSHOP TO SCHOLARSHIP | ||||
| Boys II Men Inc | |||||||||||
| 4850 Guion Rd | Indianapolis | IN | 46254 | 352133391 | 501c3 | 20000 | COLLEGE TOURS | ||||
| Bradley University | |||||||||||
| 1501 West Bradley Avenue | Peoria | IL | 61625 | 370661494 | 501c3 | 7500 | JAN 2010 MATCHING | ||||
| Business Higher Education Forum | |||||||||||
| 2025 M Street NW Suite 800 | Washington | DC | 20036 | 341986692 | 501c3 | 50000 | THE COLLEGE READINESS, ACCESS AND SUCCESS INITIATIVE | ||||
| CAMPUS COMPACT | |||||||||||
| 45 TEMPLE PLACE | BOSTON | MA | 02111 | 050493226 | 501c3 | 10000 | 2010 PRESIDENTS LEADERSHIP SUMMER: MAXIMIZING 'D'EMOCRACY PARTNERSHIPS FOR STUDENTS AND ECONOMIC SUCCESS | ||||
| Cathedral High School | |||||||||||
| 5225 E 56th Street | Indianapolis | IN | 46226 | 356254955 | 501c3 | 55700 | Shamrock Scholars Program | ||||
| CATHOLIC RELIEF SERVICES | |||||||||||
| 209 WEST LEXINGTON STREET | BALTIMORE | MD | 212013413 | 135563422 | 501c3 | 15000 | HAITIAN RELIEF EFFORT | ||||
| Center for Leadership Development | |||||||||||
| 2425 Dr Martin Luther King Jr | Indianapolis | IN | 46208 | 351389882 | 501c3 | 20000 | PROJECT MR. (MALE RESPONSIBILITY) | Street | |||
| Central Indiana Community Foundation Inc | |||||||||||
| 615 N Alabama St Suite 119 | Indianapolis | IN | 46204 | 351793680 | 501c3 | 75000 | MARKETING CAMPAIGN - INDIANA LATINO SCHOLARSHIP FUND | 59513 | FMV | Fundraising Event Expenses | |
| CENTRAL WYOMING COMMUNITY COLLEGE FOUNDATION | |||||||||||
| 2660 PECK AVE | RIVERTON | WY | 82501 | 836009533 | 501c3 | 20500 | COLLEGE GOAL SUNDAY | ||||
| CHILDREN'S MEDICAL MISSION OF HAITI | |||||||||||
| 925 HERTZLER ROAD | MCHANICSBURG | PA | 17055 | 621564456 | 501C3 | 10000 | HAITIAN RELIEF EFFORT | ||||
| CITY YEAR SEATTLEKING COUNTRY | |||||||||||
| 2203 23RD AVENUE SOUTH SUITE 101 | SEATTLE | WA | 98144 | 222882549 | 501c3 | 50000 | DIPLOMAS NOW! | ||||
| CLINTON-BUSH HAITI FUND CO WILLIAM J CLINTON FOUNDATION DONATIONS DEPT | |||||||||||
| 610 PRESIDENT CLINTON AVENUE | LITTLE ROCK | AR | 72201 | 311580204 | 501c3 | 10000 | HAITIAN RELIEF EFFORT | ||||
| College & Career Connections | |||||||||||
| 4620 Alabama Avenue SE | Washington | DC | 20019 | 263450374 | 501c3 | 150000 | LEARNING COMMUNITIES INITIATIVE | ||||
| COLLEGE MENTORS FOR KIDS | |||||||||||
| 212 WEST 10TH STREET SUITE B260 | INDIANApolis | IN | 46202 | 352002052 | 501c3 | 10000 | COLLEGE MENTORS FOR KIDS MENTOR PROGRAM | ||||
| COMMUNITY HOSPITAL FOUNDATION INC | |||||||||||
| 1500 N RITTER AVENUE | INDianapolis | IN | 46219 | 510181688 | 501c3 | 50000 | COMMUNITY SCHOOL COORDINATOR | ||||
| Congressional Hispanic Caucus Institute Inc | |||||||||||
| 911 Second Street | Washington | DC | 20002 | 521114225 | 501c3 | 50000 | READY TO LEAD (R2L) | ||||
| Council for Opportunities in Education | |||||||||||
| 1025 Vermont Ave NW Suite 900 | Washington | DC | 20005 | 521221301 | 501c3 | 99575 | IDENTIFYING BEST TRIO PRACTICES FOR COLLEGE ACCESS AND SUCCESS | ||||
| DE LA SALLE NORTH CATHOLIC HIGH SCHOOL | |||||||||||
| 7528 N FENWICH | PORTLAND | OR | 97217 | 931287554 | 501c3 | 25000 | ENROLLMENT GROWTH INITIATIVE | ||||
| DePauw University Office of Student Financial Aid | |||||||||||
| 313 South Locust | Greencastle | IN | 461350037 | 350869045 | 501c3 | 6000 | NEED-BASED SCHOLARSHIP ASSISTANCE | ||||
| DOCTORS WITHOUT BORDERS | |||||||||||
| PO BOX 5030 | HAGERSTOWN | MD | 21741 | 133433452 | 501c3 | 10000 | HAITIAN RELIEF EFFORT | ||||
| EDUCATIONAL POLICY INSTUTUTE | |||||||||||
| 2400 PRINCESS ANNE ROAD | VIRGINIA BEACH | VA | 23456 | 820564426 | 501c3 | 10000 | EPI NATIONAL CAPITOL SUMMIT | ||||
| EMMERICH MANUAL HIGH SCHOOL | |||||||||||
| 2405 MADISON AVENUE | INDianapolis | IN | 46225 | 356002486 | 501c3 | 20000 | OPPORTUNITIES FORSUCCESS | ||||
| EXCELENCIA IN EDUCATION | |||||||||||
| 1717 N STREET NW 2ND FLOOR | WASHINGTON | DC | 20036 | 200927912 | 501c3 | 42500 | CELEBRACION DE EXCELENCIA AND ACCELERATING LATINO STUDENT SUCCESS(ALASS) WORKSHOP | ||||
| FOOD FOR THE POOR | |||||||||||
| 6401 LYONS ROAD | COCONUT CREEK | FL | 33073 | 592174510 | 501c3 | 10000 | HAITIAN RELIEF EFFORT | ||||
| FOUNDATION FOR STATE LEGISLATURES | |||||||||||
| 7700 EAST FIRST PLACE | DENVER | CO | 80230 | 742232576 | 501c3 | 25000 | IMPROVING LATINO COLLEGE COMPLETION: RAISING LEGISLATIVE AWARENESS OF TRENDS AND ISSUES | ||||
| Friendly House Inc | |||||||||||
| 802 S First Avenue PO Box 3695 | Phoenix | AZ | 85030 | 860120506 | 501c3 | 15000 | RECOGNITION OF EXCELLENCE SCHOLARSHIP AWARDS DINNER | ||||
| Friends of Hawai'i Statehood | |||||||||||
| 364 S King St | Honolulu | HI | 96813 | 263139930 | 501c3 | 50000 | FUNDING SUPPORT FOR STEM EDUCATION | ||||
| FRONTLINE OUTREACH INC | |||||||||||
| 3000 CR SMITH STREET | ORLANDO | FL | 32855 | 237227148 | 501c3 | 10022 | ORLANDO LEARNING COALITION - 2010 EDUCATIONAL TOUR | ||||
| Girl Scouts of Central Indiana | |||||||||||
| 1800 North Meridian St | Indianapolis | IN | 46228 | 350876381 | 501c3 | 20000 | SCHOLARSHIP PROGRAM | ||||
| Girls Incorporated of Indianapolis | |||||||||||
| 3935 N Meridian St | Indianapolis | IN | 46208 | 351337205 | 501c3 | 30000 | SMART COLLEGE AND CAREER PLANNING | ||||
| GRANTMAKERS FOR EDUCATION | |||||||||||
| 720 SW WASHINGTON STREET SUITE 605 | PORTLAND | OR | 97205 | 330919329 | 501c3 | 20000 | PROMOTING COLLEGE SUCCESS: WHAT WE KNOW ANDWHAT WE SHOULD DO | ||||
| Hispanic Scholarship Fund | |||||||||||
| 55 Second Street Suite 1500 | San Francisco | CA | 94105 | 521051044 | 501c3 | 150000 | HSF/USA FUNDS SCHOLARSHIP PROGRAM | ||||
| HOSPITAL ALBERT SCHWEITZER | |||||||||||
| PO BOX 81046 | PITTSBURGH | PA | 15217 | 251017587 | 501c3 | 15000 | HAITIAN RELIEF EFFORT | ||||
| I CHALLENGE YOU REVELS FAMILY LIFE CENTER | |||||||||||
| 711 SOUTH BROADWAY STREET | GREENVILLE | MS | 38702 | 640826603 | 501c3 | 15000 | AFTER SCHOOL PROGRAM | ||||
| I HAVE A DREAM FOUNDATION-OREGON | |||||||||||
| 1478 NE KILLINGSWORTH ST 1ST FLOOR | PORTLAND | OR | 97211 | 931037323 | 501c3 | 25000 | DREAMER SCHOOL | ||||
| Indiana Black Expo | |||||||||||
| 3145 N Meridian Street | Indianapolis | IN | 46208 | 351406245 | 501c3 | 50000 | STATEWIDE EDUCATION CONFERENCE | ||||
| Indiana Commission for Higher Education | |||||||||||
| 101 West Ohio Street Suite 550 | Indianapolis | IN | 46204 | 356000158 | 501c5 | 270000 | LEARN MORE INDIANA - INCLUDING INDIANA'S COLLEGE SUCCESS COALITION | ||||
| Indiana Dollars for Scholars | |||||||||||
| 10500 Kincaid Dr Suite 203 | Fishers | IN | 460379764 | 042296967 | 501c3 | 143500 | GENERAL SUPPORT, SPONSORSHIP, SCHOLARSHIP AND DIRECTED GIFTS | ||||
| Indiana Latino Institute | |||||||||||
| 445 North Pennsylvania Street Suite | Indianapolis | IN | 46204 | 260036285 | 501c3 | 60000 | CAREERS FOR THE FUTURE | 800 | |||
| Indiana University Foundation | |||||||||||
| PO Box 500 | Bloomington | IN | 47402 | 356018940 | 501c3 | 73000 | Scholarship Funds | ||||
| Indianapolis Urban League | |||||||||||
| 777 Indiana Avenue | Indianapolis | IN | 46202 | 356060655 | 501c3 | 20000 | PROJECT READY COLLEGE PREPARATION | ||||
| Indianapolis Zoological Society | |||||||||||
| PO Box 22309 | Indianapolis | IN | 462220309 | 351074747 | 501c3 | 10000 | ZOOBILATION 2010 | ||||
| Institute for Higher Education Policy | |||||||||||
| 1320 19th Street NW Suite 400 | Washington | DC | 20036 | 521818907 | 501c3 | 209548 | SUMMER ACADEMY AND2011 SYMPOSIUM ON FINANCIAL LITERACY | ||||
| ISFAA | |||||||||||
| 4430 W SILVERTHORNE ST | BLOOMINgton | IN | 47404 | 351597706 | 501c3 | 40000 | COLLEGE GOAL SUNDAY | ||||
| IVY ENDOWMENT INC | |||||||||||
| PO BOX 88097 | INDIANAPOLIS | IN | 46208 | 310962055 | 501c3 | 10500 | NOV 2009 MATCHING | ||||
| Jobs for Arizona Graduates | |||||||||||
| 2001 W Dunlap Ave Suite 200 | Phoenix | AZ | 85021 | 860669709 | 501c3 | 50000 | MIDDLE SCHOOL TRANSITION,OPPORTUNITY AWARENESS,CLASSROOMS TO CAREERS | ||||
| KANSAS ACADEMIC DECATHLON ASSOCIATION KSU FOUNDATION CENTER | |||||||||||
| 2323 ANDERSON AVE STE 500 | MANHATTAN | KS | 66503 | 481139337 | 501c3 | 7500 | USA FUNDS PRESENTSKANSAS ACADEMIC DECATHLON | ||||
| KASFAA | |||||||||||
| 1845 FAIRMONT ST NO24 | WICHITA | KS | 672600024 | 481010942 | 501c3 | 28000 | COLLEGE GOAL SUNDAY | ||||
| LA PLAZA INC | |||||||||||
| 8902 E 38TH STREET | INDianapolis | IN | 46226 | 300029575 | 501c3 | 60000 | LA PLAZA MIDDLE SCHOOL INITIATIVES | ||||
| M S D of Lawrence Township Foundation Inc | |||||||||||
| 5626 Lawton Loop East Drive | Indianapolis | IN | 46216 | 351573468 | 501c3 | 100000 | ADVANCEMENT VIA INDIVIDUAL DETERMINATION | ||||
| Marian University | |||||||||||
| 3200 Cold Spring Road | Indianapolis | IN | 46222 | 350868175 | 501c3 | 19000 | 21ST CENTURY SCHOLARS | ||||
| Mary Rigg Neighborhood Center Incorporated | |||||||||||
| 1920 W Morris Street | Indianapolis | IN | 46221 | 350868954 | 501c3 | 157500 | LEARNING COMMUNITIES INITIATIVE | ||||
| Mid-Eastern Assoc Of Educational Opportunity Program Personnel | |||||||||||
| PO Box 600 | Loretto | PA | 15940 | 310939782 | 501c3 | 50000 | COLLEGE GOAL SUNDAY | ||||
| Mississippi Institutions of Higher Learning | |||||||||||
| 3825 Ridgewood Road | Jackson | MS | 392116453 | 064600783 | 501c3 | 125000 | THE COLLEGE KNOWLEDGE PROJECT | ||||
| National Association of Latino Elected Officials Educational Fund | |||||||||||
| 1122 W Washington Blvd Third Floor | Los Angeles | CA | 90015 | 521212849 | 501c3 | 20000 | 27TH ANNUAL CONFERENCE | ||||
| National College Access Network | |||||||||||
| 1001 Connecticut Ave NW Suite 632 | Washington | DC | 20036 | 311793562 | 501c3 | 8500 | NCAN ANNUAL CONFERENCE AWARD OF EXCELLENCE FOR A COLLEGE ACCESS PROGRAM AND PROGRAM BOOKLET ADVERTISING | ||||
| National Scholarship Providers Association | |||||||||||
| 2222 14th Street | Boulder | CO | 80302 | 364280502 | 501c3 | 15000 | ANNUAL CONFERENCE SCHOLARSHIP FAIR | ||||
| National Society of Hispanic MBAs | |||||||||||
| PO Box 1501 | Indianapolis | IN | 46206 | 954196238 | 501c3 | 15000 | PROJECT STEPPING STONE | ||||
| Nevada Public Education Foundation | |||||||||||
| 2575 SAGITTARIUS DRIVE | RENO | NV | 89509 | 943164867 | 501c3 | 50000 | NEVADA ACCESS: ACADEMICS +CAREERS +COLLEGE AND/OR TRAINING = STUDENT SUCCESS | ||||
| Northwest Education Loan Association | |||||||||||
| 309 23RD AVENUE S | SEATLLE | WA | 98144 | 911068278 | 501c3 | 300000 | NELA SCHOLARS | ||||
| Okolona Community Dollars for Scholars | |||||||||||
| 230 West Main Street | Okolona | MS | 38860 | 651260594 | 501c3 | 147500 | OKOLONA COMMUNITY DOLLARS FOR SCHOLARS | ||||
| ONE BY ONE LEADERSHIP | |||||||||||
| PO BOX 5393 | IMMOKALEE | FL | 34143 | 591711633 | 501c3 | 12715 | AVE MARIA UNIVERSITY - EDISON STATE COLLEGE PROJECT: JOINT SUMMER COLLEGE PREPARATORY SCHOOL PROGRAM | ||||
| Oral Roberts University Alumni Foundation | |||||||||||
| PO Box 702333 | Tulsa | OK | 74170 | 731346361 | 501c3 | 12500 | NEED-BASED SCHOLARSHIP ASSISTANCE | ||||
| Pacific Financial Aid Association | |||||||||||
| 1314 S King Street Suite 1164 | Honolulu | HI | 96814 | 200429061 | 501c3 | 28995 | COLLEGE GOAL SUNDAY | ||||
| POLICE ATHLETIC LEAGUE OF INDIANAPOLIS INC | |||||||||||
| 4209 N COLLEGE AVE | INDianapolis | IN | 46205 | 351534981 | 501c3 | 50000 | TUTORING AND MENTORING PROGRAMS | ||||
| PRIESTS OF HOLY CROSS | |||||||||||
| PO BOX 774 | NOtre Dame | IN | 46556 | 356026424 | 501c3 | 10000 | FEB 2010 MATCHING | ||||
| PURDUE FOUNDATION | |||||||||||
| 101 NORTH GRANT STREET | WEST LAFAYETTE | IN | 47907 | 310958507 | 501c3 | 30000 | SCIENCE BOUND AND THE USA PARENTS PROGRAM | ||||
| Riley Children's Foundation | |||||||||||
| 30 S Meridian Street Suite 200 | Indianapolis | IN | 462043540 | 350868147 | 501c3 | 51000 | RILEY HOSPITAL FOR CHILDREN SCHOOL PROGRAM (2010-2011) | ||||
| Ronald McDonald House Charities Inc | |||||||||||
| 111 Monument Circle Suite 882 | Indianapolis | IN | 46204 | 351788444 | 501c3 | 30000 | RONALD MCDONALD HOUSE CHARITIES SCHOLARSHIPS | ||||
| Rose-Hulman Institute of Technology | |||||||||||
| 5500 Wabash Avenue | Terre Haute | IN | 478033999 | 350868149 | 501c3 | 7500 | NEED BASED SCHOLARSHIPS | ||||
| Saint Florian Center | |||||||||||
| 2511 E 46th Street Suite P-1 | Indianapolis | IN | 46205 | 351971700 | 501c3 | 20000 | MY BROTHER'S KEEPERAFRICAN AMERICANMALE INITIATIVE | ||||
| Scholarship America | |||||||||||
| 1550 American Blvd East Suite 155 | Minneapolis | MN | 55425 | 042296967 | 501c3 | 39910 | LEARNING COMMUNITY INITIATIVE | ||||
| St Maria Goretti Parish | |||||||||||
| 17102 Springmill Road | Westfield | IN | 46074 | 351950891 | 501c3 | 10000 | NOV 2009 MATCHING | ||||
| ST VINCENT FOUNDATION | |||||||||||
| 8402 HARCOURT ROAD SUITE 210 | INdianapolis | IN | 46260 | 356088862 | 501c3 | 70000 | PEYTON MANNING CHILDREN'S HOSPITAL ATST.VINCENT F/T TEACHER | ||||
| Starfish | |||||||||||
| 814 N Delaware Street | Indianapolis | IN | 46204 | 562442758 | 501c3 | 60000 | GENERAL SUPPORT | ||||
| STATE HIGHER EDUATION EXECUTIVE OFFICERS | |||||||||||
| 3035 CENTER GREEN DR SUITE 100 | BOULDER | CO | 803012205 | 237167258 | 501c3 | 7500 | SHEEO HIGHER EDUCATION POLICY CONFERENCE | ||||
| SUNNYSIDE DISTRICT ALUMNI ASSOCIATION SUSD PUBLIC RELATIONS | |||||||||||
| 2238 E GINTER ROAD | TUCSon | AZ | 85706 | 383810189 | 501c3 | 7500 | SCHOLARSHIP DONATION | ||||
| Sunnyside Unified School District Foundation Inc | |||||||||||
| 2238 East Ginter Road | Tucson | AZ | 85706 | 866000792 | 501c3 | 150000 | LEARNING COMMUNITIES INITIATIVE | ||||
| Susquehanna University | |||||||||||
| 514 University Avenue | Selinsgrove | PA | 17870 | 231353385 | 501c3 | 30000 | EDUCATIONAL ADVANCEMENT PROGRAMS | ||||
| The Fund for Hoosier Excellence | |||||||||||
| PO Box 97 | Indianapolis | IN | 46206 | 351579672 | 501c3 | 25000 | ANNUAL FUND FOR SCHOLARSHIPS | ||||
| The Regents of the University of California | |||||||||||
| 300 Lakeside Drive 7th floor | Oakland | CA | 946123550 | 943067788 | 501c3 | 70000 | PUENTE PROJECT 9TH GRADE STUDENT LEADERSHIP CONFERENCES | ||||
| THE SALVATION ARMY WORLD SERVICE OFFICE INTERNATIONAL RELIEF FUND | |||||||||||
| PO BOX 630728 | BALTIMORE | MD | 212630728 | 132923701 | 501c3 | 15000 | HAITIAN RELIEF EFFORT | ||||
| Thurgood Marshall College Fund | |||||||||||
| 80 Maiden Lane Suite 2204 | New York | NY | 10038 | 411750692 | 501c3 | 150000 | LEADERSHIP INSTITUTE 2010 | ||||
| Training Inc | |||||||||||
| 333 N Pennsylvania Street Suite 900 | Indianapolis | IN | 46204 | 351682914 | 501c3 | 50000 | BRIDGES TO SUCCESS | 900 | |||
| Tulane University Office of the President | |||||||||||
| 218 Gibson Hall 6823 St Charles | New Orleans | LA | 70118 | 720423889 | 501c3 | 20000 | Scholarships for academically gifted students | ||||
| U S Dream Academy Inc | |||||||||||
| 10400 Little Patuxent Suite 300 | Columbia | MD | 21044 | 593514841 | 501c3 | 100000 | 9TH ANNUAL POWER OF A DREAM GALA | ||||
| United Negro College Fund | |||||||||||
| 3737 N Meridian Street | Indianapolis | IN | 46208 | 131624241 | 501c3 | 243500 | ANNUAL FUND DEVELOPMENT PROGRAM, INDIANAPOLIS MASKED BALL, SCHOLARSHIP PROGRAMS | 112133 | FMV | Fundraising Event Expenses | |
| UNITED WAY OF CENTRAL INDIANA INC | |||||||||||
| 3901 N MERIDIAN | INDIANAPOLIsan Diego | IN | 46208 | 351007590 | 501c3 | 50000 | COMMUNITY SCHOOL COORDINATORAND EARLY READERS CLUB | ||||
| University of Michigan | |||||||||||
| 200 Fletcher St | Ann Arbor | MI | 481091007 | 386006309 | 501c3 | 15000 | SCHOLARSHIPS FOR A HIGHLY QUALIFIED AFRICAN AMERICAN MALE LAW SCHOOL STUDENT | ||||
| University of Nevada Foundation | |||||||||||
| 1664 N Virginia St Mail Stop 007 | Reno | NV | 895570007 | 942781749 | 501c3 | 75000 | DEAN'S FUTURE SCHOLARS | ||||
| University of Notre Dame | |||||||||||
| 1100 Grace Hall | Notre Dame | IN | 46556 | 350868188 | 501c3 | 10000 | FEB 2010 MATCHING | ||||
| University of Virginia | |||||||||||
| PO Box 400807 | Charlottesville | VA | 229044807 | 546001796 | 501c3 | 6500 | NEED-BASED SCHOLARSHIP ASSISTANCE | ||||
| University of Wisconsin Foundation | |||||||||||
| 1848 University Avenue | Madison | WI | 53708 | 390743975 | 501c3 | 12000 | FEB 2010 MATCHING | ||||
| USD 259 | |||||||||||
| 201 NORTH WATER | Wichita | KS | 67202 | 486000351 | 501c3 | 60660 | AVID (ADVANCEMENT VIA INDIVIDUAL DETERMINATION)SECONDARY | ||||
| USF FOUNDATION INC | |||||||||||
| 4202 E FOWLER AVE | TAMPA | FL | 326208000 | 590879015 | 501c3 | 40000 | COLLEGE GOAL SUNDAY | ||||
| WABASH COLLEGE | |||||||||||
| 301 W WABASH AVENUE | CRAWFORDSVILLE | IN | 47933 | 350868202 | 501c3 | 14089 | KQ&K MENTORING AND TUTORING PROGRAMS | ||||
| Wishard Foundation | |||||||||||
| 1001 W 10th St | Indianapolis | IN | 46202 | 311132066 | 501c3 | 10000 | GEORGE H. RAWLS, M.D. SCHOLARSHIP DINNER | ||||
| YMCA of Greater Indianapolis - Urban Mission Branch | |||||||||||
| 615 North Alabama Suite 200 | Indianapolis | IN | 46204 | 350868211 | 501c3 | 60000 | YMCA ACHIEVERS PROGRAM | ||||
| YMCA OF THE USA | |||||||||||
| 101 N WACKER DRIVE | CHICAGO | IL | 60606 | 363258696 | 501c3 | 75000 | COLLEGE GOAL SUNDAY AND THE ANNUAL BEST PRACTICES AND TRAINING FORUM | ||||
| YOUTH ENTREPRENEURS OF KANSAS | |||||||||||
| 4111 E 37TH STREET N STE D101 | WICHITA | KS | 67225 | 481187886 | 501c3 | 75000 | YOUTH ENTREPRENEURS KANSAS STATEWIDE PROGRAM SUPPORT IN HIGH NEED CLASSROOMS | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 111 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1277 | NumberOfRecipients |
| Amount Of Cash Grant | 1949276 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: USA FUNDS' GRANT-MAKING IS LIMITED TO THE 50 U.S. STATES AND THE DISTRICT OF COLUMBIA. USA FUNDS MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE GRANTEE TO SEND IN A FINAL ACCOUNTING REPORT DESCRIBING HOW THE FUNDS WERE USED. THIS REPORT WILL INCLUDE ACTUAL EXPENSES THAT WOULD BE COMPARED TO THE BUDGET SENT IN WITH THE ORGINAL GRANT REQUEST. IN ADDITION, PROGRAM OFFICERS PERFORM SITE VISITS OR ATTEND EVENTS THAT USA FUNDS HAS SPONSORED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Carl Dalstrom | |||||||||||||
| 374505 | 0 | 172000 | 0 | 35825 | 0 | 174482 | 0 | 17747 | 0 | 774559 | 0 | 0 | 0 |
| Stephen Ham | |||||||||||||
| 204195 | 0 | 86100 | 0 | 24111 | 0 | 64623 | 0 | 19747 | 0 | 398776 | 0 | 0 | 0 |
| David Boodt | |||||||||||||
| 201971 | 0 | 80500 | 0 | 10878 | 0 | 67900 | 0 | 22662 | 0 | 383911 | 0 | 0 | 0 |
| Denise Feser | |||||||||||||
| 179393 | 0 | 78700 | 0 | 31089 | 0 | 67900 | 0 | 8294 | 0 | 365376 | 0 | 0 | 0 |
| Gregory Ayers | |||||||||||||
| 154445 | 0 | 67200 | 0 | 28592 | 0 | 53502 | 0 | 20162 | 0 | 323901 | 0 | 0 | 0 |
| Terry Muilenburg | |||||||||||||
| 191437 | 0 | 86000 | 0 | 28364 | 0 | 67900 | 0 | 29457 | 0 | 403158 | 0 | 0 | 0 |
| Robert Ballard | |||||||||||||
| 160811 | 0 | 71800 | 0 | 40556 | 0 | 52193 | 0 | 16284 | 0 | 341644 | 0 | 0 | 0 |
| Deborah McCloud | |||||||||||||
| 126311 | 0 | 33631 | 0 | 23530 | 0 | 43931 | 0 | 16284 | 0 | 243687 | 0 | 0 | 0 |
| Henry Fernandez | |||||||||||||
| 119765 | 0 | 33006 | 0 | 22671 | 0 | 43522 | 0 | 16891 | 0 | 235855 | 0 | 0 | 0 |
| Anne Calvert | |||||||||||||
| 106875 | 0 | 26785 | 0 | 17952 | 0 | 29872 | 0 | 14022 | 0 | 195506 | 0 | 0 | 0 |
| Joni Anderson | |||||||||||||
| 104866 | 0 | 28055 | 0 | 17176 | 0 | 33105 | 0 | 8449 | 0 | 191651 | 0 | 0 | 0 |
| Frank Spall | |||||||||||||
| 114382 | 0 | 21553 | 0 | 13693 | 0 | 27283 | 0 | 22662 | 0 | 199573 | 0 | 0 | 0 |
| LORRAINE TENIYA | |||||||||||||
| 115337 | 0 | 15251 | 0 | 14926 | 0 | 33640 | 0 | 9594 | 0 | 188748 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | FIRST CLASS TRAVEL- First class travel is approved for Trustees if the flight is more than 2 hours in duration or if a medical condition exists which requires the need for an upgrade. Such exception, due to a medical condition, has been approved for Carl Dalstrom, CEO, by the Board Chair. First Class travel is approved for employees, at the discretion of the CEO, if they are a frequent flyer and the duration of the flight is more than 3 hours, or for a medical condition. Sr. VP & CFO Stephen Ham has been approved by the CEO for one class upgrade, which may result in first class travel, due to a medical condition. Sr. VP Denise Feser, SVP was approved for first class travel if the total one-way flight time was 3 hours or more until February 2010 at which time this approval was revoked due to no longer qualifying as a frequent flyer. PART I, LINE 1A: HEALTH OR SOCIAL CLUB DUES USA Funds, Inc. may reimburse each employee up to a maximum of $250 per calendar year for the cost of (i) exercise equipment purchased during the applicable calendar year and/or (ii) a health or fitness club membership. All reimbursements are considered taxable income to the employee. |
| Part I, Line 4b: | Such a plan exists for the CEO of USA Funds. No payments have been made under the plan. |
| Part I, Line 7 | All officers and all employees of the company participate in the "Employee Incentive Plan." Annual payments are based on overall corporate performance in the accomplishment of the Corporate objectives, as evaluated by the Board of Trustees, and individual performance. The amount of the payment is a percentage of annual salary, varying by the salary grade of the individual position. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
Name Of Interested Business NameOfInterestedBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of Portland | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | SEE SCHEDULE O. | RelationshipWithOrganization |
| Type Of Assistance | Grant Amount $ 2500. | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Grisby & Associates | |||
| Board Member | 90000 | See Sch. O for description | 0 |
| Krieg Devault LLP | |||
| Board Member | 47500 | See Sch. O for description | 0 |
| PRIESTS OF HOLY CROSS | |||
| BOARD MEMBER | 41550 | See Sch. O for description | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (17 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part III, line 3 | Changes in Program Services | There was a legislative change on July 1, 2010 which eliminated the origination of new loans under the Federal Family Education Loan Program (FFELP). Therefore, USA Funds, Inc. had no new guarantees of loans after June 30, 2010. |
| Form 990, Part VI, Section A, line 2 | THE FOLLOWING ARE OFFICERS AND BOARD MEMBERS OF UNITED STUDENT AID FUNDS, INC. OR ITS RELATED ORGANIZATION. MANY OF THE EMPLOYEES SERVE ON OTHER RELATED UNITED STUDENT AID FUNDS, INC. BOARDS. IKE BATALIS REV. WILLIAM BEAUCHAMP BLAKE DEVITT MARSHALL GRIGSBY NORMAN LEFSTEIN ILENE NAGEL WILLIAM NEALE ERNEST NEWBORN II EDWARD SCHMIDT CARL DALSTROM STEPHEN HAM DAVID BOODT DENISE FESER GREGORY AYERS TERRY MULLENBURG ROBERT BALLARD | |
| Form 990, Part VI, Section A, line 6 | As a Delaware non-profit organization, this corporation has individuals as its members that serve as its board of trustees. | |
| Form 990, Part VI, Section B, line 11 | Once the Form 990 is prepared by the company, with assistance from the external tax accounting firm, the form and all applicable schedules are provided to the audit committee of the Board of Trustees for review. After the audit committee has completed their review, the form and all applicable schedules are provided to the full board in advance of the form being filed with the IRS, allowing time for review and comment by the full board. | |
| Form 990, Part VI, Section B, line 12c | Annually, a conflict of interest and disclosure questionnaire is required to be completed by all employees. The purpose of the questionnaire is to solicit information about relationships that may constitute a potential conflict of interest. Each member of the Board of Trustees signs an annual conflict of interest disclosure statement that discloses actual or potential conflicts of interest as set forth in the approved Conflicts of Interest Policy for Trustees. The disclosure statements are reviewed by the Audit Committee of the Board of Trustees. When any such conflict of interest is relevant to a matter requiring action by the Board of Trustees or the Audit Committee, the interested person shall call it to the attention of the chair of the Audit Committee, and such person shall not vote on the matter. Moreover, the person having the conflict shall leave the room in which the meeting is held and not participate in the final deliberations or decision regarding the matter under consideration. A board member shall advise the chair of the Audit Committee and the Corporate Secretary in writing of any potential conflicts of interest which arise after signing the conflict of interest disclosure statement. | |
| Form 990, Part VI, Section B, line 15 | Compensation determinations of USA Funds' CEO and the other officers are made by a Compensation Committee whose members have no conflict of interest within the meaning of Treas. Reg. 53.4958-6(c)(1)(iii). The Compensation Committee establishes the compensation philosophy, and with comparability data provided by an independent compensation consultant, annually evaluates the performance of the CEO and all other officers, and determines in advance the reasonableness of compensation paid to and benefits provided to such individuals. As part of the annual performance evaluation, the Compensation Committee solicits the views of the chairs of the other board committees. The determinations made and the basis of such determinations are contemporaneously documented in written minutes. Final determinations are reported to the full Board of Trustees. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ANY DOCUMENT OPEN TO PUBLIC INSPECTION AVAILABLE UPON REQUEST. | |
| FORM 990, PART VII, SECTION A: | REV. WILLIAM BEAUCHAMP'S TRUSTEE FEES, OF $41,550, WERE PAID BY UNITED STUDENT AID FUNDS, INC. TO THE PRIESTS OF THE HOLY CROSS. FOR WILLIAM NEALE'S TRUSTEE FEES, $5,000 WAS PAID BY UNITED STUDENT AID FUNDS, INC. DIRECTLY TO WILLIAM NEALE AND THE REMAINING $47,500 WAS PAID TO KRIEG DEVAULT. THE TRUSTEES ARE PAID AN ANNUAL RETAINER, IN ADDITION TO PAYMENTS PER EACH BOARD OR COMMITTEE MEETING ATTENDED. FORM 990, PART VII, LINE 1A, COLUMN B: TRACKING OF HOURS BY ENTITIES OFFICERS OF UNITED STUDENT AID FUNDS, INC. PROVIDE SERVICES TO THE ORGANIZATION AND ITS AFFILIATES. HOURS WORKED ARE NOT TRACKED SEPARATELY FOR EACH ENTITY. THEREFORE, HOURS FOR ALL OFFICERS REPORTED ON FORM 990, PART VII, COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES REPRESENT AGGREGATE HOURS WORKED PER WEEK FOR ALL ENTITIES. | |
| Form 990, Part XI, Line 2a & b: | THE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF UNITED STUDENT AID FUNDS, INC., WHICH ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. THE AUDIT COMMITTEE PROVIDES ASSISTANCE TO THE BOARD OF TRUSTEES IN FULFILLING ITS FIDUCIARY RESPONSIBILITIES, MAINTAINS FREE AND OPEN COMMUNICATION BETWEEN THE COMMITTEE, THE DIRECTOR OF INTERNAL AUDIT/COMPLIANCE, THE INDEPENDENT AUDITORS, AND MANAGEMENT, AND ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. MAJOR RESPONSIBILITIES INCLUDE: -ANNUALLY, APPROVE THE ENGAGEMENT OF THE EXTERNAL AUDITORS, INCLUDING RELATED SCOPE, FEES AND REPORTS. -REVIEW WITH MANAGEMENT AND THE INDEPENDENT AUDITORS THE ANNUAL FINANCIAL STATEMENTS AND RESULTS OF THE AUDIT, INCLUDING REQUIRED MATTERS TO BE COMMUNICATED TO THE COMMITTEE BY THE INDEPENDENT AUDITORS UNDER GENERALLY ACCEPTED AUDITING STANDARDS. -DISCUSS WITH THE EXTERNAL AUDITORS THEIR INDEPENDENCE FROM MANAGEMENT AND THE ORGANIZATION AND THE MATTERS INCLUDED IN WRITTEN DISCLOSURE REQUIRED BY THE INDEPENDENCE BOARD. -OVERSEE MANAGEMENT ACTION PLANS RESULTING FROM EXTERNAL MANAGEMENT LETTER. | |
| SCHEDULE L, PART III, COLUMN B, LINE 1: REV. BEAUCHAMP IS A MEMBER OF THE BOARD OF TRUSTEES FOR UNITED STUDENT AID FUNDS, INC. AND IS ALSO PRESIDENT OF THE UNIVERSITY OF PORTLAND. UNITED STUDENT AID FUNDS, INC. PROVIDES THAT ALL BOARD MEMBERS MAY DESIGNATE UP TO $20,000 TO BE GRANTED TO A NON-PROFIT EDUCATIONAL ORGANIZATION OF THEIR CHOICE. REV. BEAUCHAMP DESIGNATES THE UNIVERSITY OF PORTLAND TO RECEIVE $2,500, FOR WHICH HE RECEIVES NO PERSONAL BENEFIT. | ||
| SCHEDULE L, PART IV, COLUMN B, LINE 1: MARSHALL GRIGSBY, A BOARD MEMBER OF UNITED STUDENT AID FUNDS, INC., IS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GRIGSBY & ASSOCIATES, LLC, A CONSULTING FIRM THAT SPECIALIZES IN EDUCATION POLICY ISSUES AND THE LEGISLATIVE PROCESS. | ||
| SCHEDULE L, PART IV, COLUMN D, LINE 1: MARSHALL GRIGSBY, IN HIS CAPACITY AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF GRIGSBY & ASSOCIATES, LLC RENDERED CONSULTING AND LOBBYING SERVICES TO THE CORPORATION AND ITS AFFLIATES DURING THE YEAR. | ||
| SCHEDULE L, PART IV, COLUMN B, LINE 2: WILLIAM NEALE IS A BOARD MEMBER OF UNITED STUDENT AID FUNDS, INC. AND IS A PARTNER IN THE LAW FIRM OF KRIEG DEVAULT, LLP. | ||
| SCHEDULE L, PART IV, COLUMN D, LINE 2: UNITED STUDENT AID FUNDS, INC., PAID A PORTION OF WILLIAM NEALE'S TRUSTEE FEES DIRECTLY TO KRIEG DEVAULT. | ||
| SCHEDULE L, PART IV, COLUMN B, LINE 3: REV. WILLIAM BEAUCHAMP IS A BOARD MEMBER OF UNITED STUDENT AID FUNDS, INC. AND IS A MEMBER OF THE PRIESTS OF THE HOLY CROSS, INDIANA PROVINCE. | ||
| SCHEDULE L, PART IV, COLUMN D, LINE 3: THE AMOUNTS REFLECTED ARE THE TRUSTEE FEES FOR REV. WILLIAM BEAUCHAMP WHICH WERE PAID DIRECTLY TO THE PRIESTS OF THE HOLY CROSS. | ||
| FORM 990, PART X | EXPLANATION OF TRANSFER OF ASSETS FROM USA FUNDS EDUCATION ENDOWMENT TO USA FUNDS, INC: Due to the Dissolution of USA Funds Education Endowment on September 30, 2010, all of the assets of the Endowment were transferred to USA Funds, INC. at fiscal year end. THE TOTAL AMOUNT TRANSFERRED WAS $89,335,076. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| Northwest Education Loan Assoc | |||||||||
| PO Box 6028 | Indianapolis | IN | 462066028 | 911068278 | Student Loan Guarantor | WA | section 501(c)(3) | 7 | USA Funds |
| Secondary Market Services Corp - Hawaii | |||||||||
| PO Box 6028 | Indianapolis | IN | 462066028 | 351876688 | Student Loan Secondary Mkt | HI | section 501(c)(3) | 7 | USA Funds |
| USA FUNDS EDUCATION ENDOWMENT INC | |||||||||
| PO Box 6028 | INdianapolis | IN | 462066028 | 202392907 | SUPPORT ORGANIZATION | DE | SECtion 501(c)(3) | 11A, I | USA Funds |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 1 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (8 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Northwest Education Loan Association | |
| B | 300000 |
| Northwest Education Loan Association | |
| K | 434794 |
| Northwest Education Loan Association | |
| P | 1415312 |
| Secondary Market Services Corp - Hawaii | |
| A | 405331 |
| Secondary Market Services Corp - Hawaii | |
| D | 59004606 |
| Secondary Market Services Corp - Hawaii | |
| K | 332112 |
| SECONDARY MARKET SERVICES CORP - HAWAII | |
| P | 980049 |
| USA FUNDS EDUCATION ENDOWMENT INC | |
| R | 89335076 |