NATIONAL STUDENT CLEARINGHOUSE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL STUDENT CLEARINGHOUSE (EIN 52-1836384)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202621359349304262
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T09:26:56-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 WILSON BOULEVARD SUITE 1500 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521836384 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL STUDENT CLEARINGHOUSE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 7037424200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 DULLES STATION BLVD 220 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 201716350 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW SICLARI | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 7037424201 | PhoneNum |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY TORRETTA | PreparerPersonNm |
| PTIN | P00847851 | PTIN |
| Phone | 7038477500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL LEE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 DULLES STATION BLVD 220 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 201716350 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $114,006,861 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STUDENTCLEARINGHOUSE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO SERVE EDUCATION & WORKFORCE COMMUNITIES WITH TRUSTED DATA, RELATED SERVICES, & INSIGHTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 406 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $98,727,418 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $102,030,947 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,209,056 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,769,014 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,562,615 | PYOtherRevenueAmt |
| CY Other Revenue | $1,901,050 | CYOtherRevenueAmt |
| PY Total Revenue | $102,499,089 | PYTotalRevenueAmt |
| CY Total Revenue | $105,701,011 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $18,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $60,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $59,993,930 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $61,937,974 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $39,057,606 | PYOtherExpensesAmt |
| CY Other Expenses | $38,623,605 | CYOtherExpensesAmt |
| PY Total Expenses | $99,069,536 | PYTotalExpensesAmt |
| CY Total Expenses | $100,621,579 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,429,553 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,079,432 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $98,082,707 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,069,023 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,351,598 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $51,049,548 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $45,731,109 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,019,475 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE NATIONAL STUDENT CLEARINGHOUSE IS TO SERVE THE EDUCATION AND WORKFORCE COMMUNITIES AND ALL LEARNERS WITH ACCESS TO TRUSTED DATA, RELATED SERVICES, AND INSIGHTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $21,030,295 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $52,746,447 | RevenueAmt |
| Desc | DEGREE VERIFICATION SERVICES - SEE SCHEDULE O DEGREE VERIFICATION SERVICES:PARTICIPATING POST-SECONDARY INSTITUTIONS HAVE AUTHORIZED THE NATIONAL STUDENT CLEARINGHOUSE TO MAINTAIN A COMPREHENSIVE DEGREE DATABASE, FOR THE PURPOSE OF ENHANCING EDUCATION INFORMATION ACCURACY AND ELIMINATING FRAUD. AS AN AGENT OF THESE INSTITUTIONS, THE CLEARINGHOUSE IS AUTHORIZED TO PROVIDE LIMITED ACCESS TO THE PORTIONS OF THIS DATA THAT VERIFY DEGREE ATTAINMENT FOR:1) OTHER POST-SECONDARY INSTITUTIONS AND HIGHER EDUCATION ORGANIZATIONS SO THAT THEY COULD COMPLY WITH THE U.S. DEPARTMENT OF EDUCATION-MANDATED PERFORMANCE REPORTING.2) EMPLOYERS SO THAT INSTITUTIONS CAN SUPPORT THE TRANSITION OF STUDENTS AND GRADUATES TO GAINFUL EMPLOYMENT.3) PROVIDERS OF BENEFITS TO GRADUATES THAT IS DEPENDENT ON A GRADUATE'S STATUS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,899,880 | ExpenseAmt |
| Grant | $60,000 | GrantAmt |
| Revenue | $24,977,624 | RevenueAmt |
| Desc | EDUCATION DATA EXCHANGE SERVICES - SEE SCHEDULE OEDUCATION DATA EXCHANGE SERVICES: ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS, NATIONAL STUDENT CLEARINGHOUSE PROVIDES A CENTRAL AUTHENTICATED DATA EXCHANGE PLATFORM AMONG PARTICIPATING EDUCATIONAL INSTITUTIONS TO MEET THEIR COLLECTIVE NEED FOR THE SECURE AND CONFIDENTIAL TRANSFER AND ACCESS TO ACADEMIC DATA. NATIONAL STUDENT CLEARINGHOUSE PROVIDES A TRANSCRIPT ORDERING PLATFORM, WHICH IS AVAILABLE TO ALL PARTICIPATING INSTITUTIONS, WHICH PROCESSED ORDERS FOR OVER 6.8 MILLION TRANSCRIPTS FROM THE INSTITUTION'S STUDENTS TO: 1) OTHER POST-SECONDARY INSTITUTIONS FOR CONSIDERATION OF STUDENT ENROLLMENT APPLICATIONS. 2) EMPLOYERS SO THAT PARTICIPATING INSTITUTIONS CAN SUPPORT THE TRANSITION OF STUDENTS TO GAINFUL EMPLOYMENT AND PRESERVE THE INTEGRITY OF THE EDUCATION SYSTEM BY ELIMINATING FRAUD.3) ADMISSIONS OFFICERS WHO HAVE A SIGNED STUDENT CONSENT MEETING THE FERPA CONSENT REQUIREMENTS TO ORDER TRANSCRIPTS FOR THEIR INSTITUTION'S ADMITTED STUDENTS AND APPLICANTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,899,933 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $16,778,155 | RevenueAmt |
| Desc | RESEARCH SERVICES - SEE SCHEDULE OON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS, NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED TO MAINTAIN A DATABASE OF THE COLLEGE ENROLLMENT AND DEGREE DATA FOR APPROXIMATELY 3,500 PARTICIPATING COLLEGES AND UNIVERSITIES WHICH ENABLES ADMINISTRATORS AT HIGH SCHOOLS, COLLEGES AND UNIVERSITIES, AND OTHER EDUCATION ORGANIZATIONS TO ACCESS STUDENT DATA TO PERFORM EDUCATIONAL RESEARCH AND ANALYSES. RESEARCH SERVICES ALSO PERFORMS ANALYSIS ON THESE DATA BASED ON CUSTOMER-DEFINED REQUIREMENTS TO FURTHER THE ASSESSMENTS MADE REGARDING THE SUCCESS OF VARIOUS ACADEMIC PROGRAMS AT THE LOCAL, STATE, AND NATIONAL LEVELS; ENABLE MANDATORY STATE AND FEDERAL OUTCOMES REPORTING; AND FACILITATE IMPROVEMENT TO THE QUALITY OF THE K-20 EDUCATION SYSTEM.ENROLLMENT VERIFICATION SERVICES:THE NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED BY PARTICIPATING POST-SECONDARY INSTITUTIONS TO MAINTAIN A COMPREHENSIVE ENROLLMENT DATABASE. AS THEIR AGENT, IT PROVIDES LIMITED ACCESS TO VERIFY STUDENT RECORDS TO PROVIDERS OF BENEFITS TO STUDENTS AND GRADUATES DEPENDENT ON ENROLLMENT STATUS. THIS HELPS TO PRESERVE THE INTEGRITY OF THE EDUCATION SYSTEM BY ELIMINATING FRAUD. THE PROCESS AUTOMATES ALL ENROLLMENT VERIFICATIONS FOR CREDIT GRANTORS, TRAVEL COMPANIES, COMPUTER HARDWARE AND SOFTWARE RESELLERS. THIS IMPROVES EFFICIENCY AND STUDENT SERVICE AND REDUCES FRAUDULENT STUDENT STATUS CLAIMS. THE SERVICE IS FREE FOR INSTITUTIONS AND IS FERPA COMPLIANT. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,451,331 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $9,414,808 | RevenueAmt |
| Desc | ENROLLMENT REPORTING SERVICES: THE NATIONAL STUDENT CLEARINGHOUSE WAS ESTABLISHED IN 1993 TO MEET A SPECIFIC NEED IN THE US EDUCATION SYSTEM. SINCE THEN, ON BEHALF OF PARTICIPATING POST-SECONDARY INSTITUTIONS ENROLLING 97% OF THE US STUDENT POPULATION, THE NATIONAL STUDENT CLEARINGHOUSE HAS COMPLETED ALL REQUIRED STUDENT LOAN ENROLLMENT VERIFICATION ACTIVITIES. ALL RELATED STUDENT VERIFICATION RECORDS WERE REPORTED TO THE US DEPARTMENT OF EDUCATION, ALL STATE AND NON-PROFIT GUARANTEE AGENCIES, AND THE STUDENT LOAN SERVICING ORGANIZATIONS. THIS HAS RESULTED IN A REDUCED ADMINISTRATIVE WORKLOAD, MORE PROMPT AND ACCURATE REPORTING OF DEFERMENTS, IMPROVED SERVICE TO STUDENTS AND FINANCIAL AID PROVIDERS, ELIMINATION OF MANUAL STUDENT LOAN-BASED VERIFICATIONS, GREATER ENROLLMENT REPORTING AND RECORD-KEEPING EFFICIENCY, AND DECREASED LOAN DELINQUENCY AND DEFAULT RATES.ENROLLMENT VERIFICATION SERVICES:THE NATIONAL STUDENT CLEARINGHOUSE IS AUTHORIZED BY PARTICIPATING POST-SECONDARY INSTITUTIONS TO MAINTAIN A COMPREHENSIVE ENROLLMENT DATABASE. AS THEIR AGENT, IT PROVIDES LIMITED ACCESS TO VERIFY STUDENT RECORDS TO PROVIDERS OF BENEFITS TO STUDENTS AND GRADUATES DEPENDENT ON ENROLLMENT STATUS. THIS HELPS TO PRESERVE THE INTEGRITY OF THE EDUCATION SYSTEM BY ELIMINATING FRAUD. THE PROCESS AUTOMATES ALL ENROLLMENT VERIFICATIONS FOR CREDIT GRANTORS, TRAVEL COMPANIES, COMPUTER HARDWARE AND SOFTWARE RESELLERS. THIS IMPROVES EFFICIENCY AND STUDENT SERVICE AND REDUCES FRAUDULENT STUDENT STATUS CLAIMS. THE SERVICE IS FREE FOR INSTITUTIONS AND IS FERPA COMPLIANT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $13,451,331 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $9,414,808 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $69,281,439 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 80 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 406 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANDREW SICLARI | PersonNm |
| Phone | 7037425507 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 DULLES STATION BLVD NO 220 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 201716350 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| DR DEBRA CHROMY | ||||||||||
| BOARD CHAIR | 15.00 | 8.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MS KATHLEEN MCNEELY | ||||||||||
| BOARD VICE CHAIR | 15.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MR CHARLES BARBER | ||||||||||
| DIRECTOR | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR BARBARA BRITTINGHAM | ||||||||||
| DIRECTOR | 15.00 | 8.00 | Yes (X) | $0 | $0 | $0 | ||||
| MR MICHAEL COLLINS | ||||||||||
| DIRECTOR | 15.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MR ROBERT FITZGERALD | ||||||||||
| DIRECTOR | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| HELEN MOHRMANN | ||||||||||
| DIRECTOR | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR SHARON MORRISEY | ||||||||||
| DIRECTOR | 15.00 | 8.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR VAN TON-QUINLIVAN | ||||||||||
| DIRECTOR | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR WILLIAM SERRATA | ||||||||||
| DIRECTOR (AS OF 07/24) | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MR SAMUEL SUDHAKAR | ||||||||||
| DIRECTOR | 15.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DR A HOPE WILLIAMS | ||||||||||
| DIRECTOR | 15.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICARDO D TORRES | ||||||||||
| PRESIDENT AND CEO | 40.00 | 0.00 | Yes (X) | $1,213,832 | $0 | $66,370 | ||||
| DOUGLAS FALK THRU 1024 | ||||||||||
| VP & CHIEF INFORMATION OFFICER | 40.00 | 0.00 | Yes (X) | $590,384 | $0 | $60,507 | ||||
| CHRISTOPHER GOODSON | ||||||||||
| CHIEF GROWTH OFFICER | 40.00 | 0.00 | Yes (X) | $548,222 | $0 | $66,549 | ||||
| MARY CHAPIN | ||||||||||
| VP & CHIEF LEGAL OFC, CORP SEC | 35.00 | 5.00 | Yes (X) | $486,034 | $0 | $37,053 | ||||
| BRIDGET SEDLOCK | ||||||||||
| CHIEF PEOPLE OFFICER | 40.00 | 0.00 | Yes (X) | $417,028 | $0 | $33,530 | ||||
| LAWRENCE HATCH THRU 0724 | ||||||||||
| VP, INDUSTRY & WORKFORCE SERV | 40.00 | 0.00 | Yes (X) | $389,905 | $0 | $51,290 | ||||
| ROBERTA HYLAND | ||||||||||
| CHIEF DATA OFFICER | 40.00 | 0.00 | Yes (X) | $364,687 | $0 | $55,649 | ||||
| ANDREW SICLARI AS OF 724 | ||||||||||
| CHIEF FINANCIAL OFFICER | 35.00 | 5.00 | Yes (X) | $146,651 | $0 | $26,929 | ||||
| ERIN SERAYDIAN THRU 0324 | ||||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $145,320 | $0 | $15,855 | ||||
| DR DANIEL LEE AS OF 0225 | ||||||||||
| PRESIDENT & CHIEF EXECUTIVE OFFICER | 35.00 | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTINE COLE | ||||||||||
| SENIOR DIRECTOR, SALES & BUS. DVPT. | 40.00 | 0.00 | $359,457 | $0 | $55,774 | Yes (X) | ||||
| DAVID G PAYNE PHD | ||||||||||
| VP, LEARNER INSIGHTS | 40.00 | 0.00 | $331,282 | $0 | $58,086 | Yes (X) | ||||
| DR DOUGLAS SHAPIRO | ||||||||||
| VP, RESEARCH | 5.00 | 35.00 | $348,220 | $0 | $36,549 | Yes (X) | ||||
| MELBA AMISSI | ||||||||||
| VP, CORPORATE STRATEGY | 40.00 | 0.00 | $323,893 | $0 | $60,769 | Yes (X) | ||||
| JOHN RAMSEY | ||||||||||
| EXEC DIRECTOR CISO | 40.00 | 0.00 | $386,453 | $0 | $59,508 | Yes (X) | ||||
| THOMAS BURKE | ||||||||||
| MANAGING DIRECTOR, IT | 40.00 | 0.00 | $326,132 | $0 | $67,485 | Yes (X) | ||||
| ROBERT ROMANO | ||||||||||
| MANAGING DIRECTOR, IT | 40.00 | 0.00 | $305,776 | $0 | $55,683 | Yes (X) | ||||
| LAN QIAN | ||||||||||
| CHIEF ENTERPRISE ARCHITECT | 40.00 | 0.00 | $297,007 | $0 | $62,506 | Yes (X) | ||||
| MICHAEL JARRAH | ||||||||||
| MANAGING DIRECTOR, IT INF & OPS | 40.00 | 0.00 | $292,791 | $0 | $62,261 | Yes (X) | ||||
| LAWRENCE W ANDERSON | ||||||||||
| FORMER CHIEF TECH & OPS OFFICER | 0.00 | 0.00 | $178,385 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,451,459 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $932,353 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 230 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ELLUCIAN INC | |||||
| 2003 EDMUND HALLEY DRIVE STE 500 | RESTON | VA | 20191 | IT CONSULTING | $2,570,674 |
| GSDS GROUP INC | |||||
| 2600 TOWER OAKS BOULEVARD STE 700 | ROCKVILLE | MD | 20852 | IT CONSULTING | $2,087,788 |
| NEOVERA INC | |||||
| PO BOX 418615 | BOSTON | MA | 022418615 | IT CONSULTING | $1,127,221 |
| DATASTRIKE | |||||
| 2000 ERICSSON DRIVE STE 225 | WARRENDALE | PA | 15086 | IT CONSULTING | $982,825 |
| HUNTON ANDREWS KURT H LLP | |||||
| 200 PARK AVE FL 53 | NEW YORK | NY | 10166 | LEGAL | $649,874 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DEGREE VERIFICATION SERVICES | 518210 | $59,364,187 | $59,364,187 |
| EDUCATION DATA EXCHANGE SERVICES | 518210 | $24,977,624 | $24,977,624 |
| RESEARCH SERVICES | 518210 | $15,354,520 | $15,354,520 |
| ENROLLMENT VERIFICATION SERVICES | 518210 | $1,731,122 | $1,731,122 |
| ENROLLMENT REPORTING SERVICES | 518210 | $603,494 | $603,494 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $102,030,947 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $462,243 | TotalRevenueColumnAmt |
| Exclusion | $462,243 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,612,580 | SecuritiesAmt |
| Other | $41 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,305,850 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,306,730 | SecuritiesAmt |
| Other | $41 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,306,771 | TotalRevenueColumnAmt |
| Exclusion | $1,306,771 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| SUPPORTING SERVICES | 900099 | $1,886,087 | $1,886,087 | |
| MISCELLANEOUS REVENUE | 900099 | $14,963 | $14,963 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,901,050 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,701,011 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $103,917,034 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,783,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,000 | TotalAmt |
| Program Services | $60,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,830,089 | TotalAmt |
| Program Services | $4,177,817 | ProgramServicesAmt |
| Management And General | $1,652,272 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,460 | TotalAmt |
| Program Services | $256,871 | ProgramServicesAmt |
| Management And General | $101,589 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,923,764 | TotalAmt |
| Program Services | $30,054,576 | ProgramServicesAmt |
| Management And General | $12,869,188 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,790,155 | TotalAmt |
| Program Services | $2,716,009 | ProgramServicesAmt |
| Management And General | $1,074,146 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,568,544 | TotalAmt |
| Program Services | $3,772,376 | ProgramServicesAmt |
| Management And General | $1,796,168 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,466,962 | TotalAmt |
| Program Services | $2,484,410 | ProgramServicesAmt |
| Management And General | $982,552 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $249,382 | TotalAmt |
| Management And General | $249,382 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,600 | TotalAmt |
| Management And General | $186,600 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,586 | TotalAmt |
| Management And General | $103,586 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,084,890 | TotalAmt |
| Program Services | $6,080,863 | ProgramServicesAmt |
| Management And General | $5,004,027 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,795 | TotalAmt |
| Program Services | $194,795 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,714,919 | TotalAmt |
| Program Services | $1,151,193 | ProgramServicesAmt |
| Management And General | $563,726 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,836,208 | TotalAmt |
| Program Services | $8,939,175 | ProgramServicesAmt |
| Management And General | $3,897,033 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,388,559 | TotalAmt |
| Program Services | $1,711,627 | ProgramServicesAmt |
| Management And General | $676,932 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,772 | TotalAmt |
| Program Services | $474,020 | ProgramServicesAmt |
| Management And General | $259,752 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,454 | TotalAmt |
| Program Services | $151,359 | ProgramServicesAmt |
| Management And General | $113,095 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,902 | TotalAmt |
| Management And General | $205,902 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,155,012 | TotalAmt |
| Program Services | $1,516,448 | ProgramServicesAmt |
| Management And General | $638,564 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $784,772 | TotalAmt |
| Program Services | $562,364 | ProgramServicesAmt |
| Management And General | $222,408 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK & CREDIT CARD FEES | $2,771,372 | $2,753,225 | $18,147 | $0 |
| OTHER MISCELLANEOUS | $2,098,702 | $1,922,779 | $175,923 | $0 |
| PERSONNEL & DEVELOPMENT | $436,090 | $301,532 | $134,558 | $0 |
| IMPAIRMENT LOSS | $414,590 | $0 | $414,590 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,621,579 | TotalAmt |
| Program Services | $69,281,439 | ProgramServicesAmt |
| Management And General | $31,340,140 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $951,670 | BOYAmt |
| EOY | $5,580,523 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,037,761 | BOYAmt |
| EOY | $21,664,458 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,425,361 | BOYAmt |
| EOY | $4,815,968 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $40,430,939 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,490,355 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,297,564 | BOYAmt |
| EOY | $2,940,584 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,790,230 | BOYAmt |
| EOY | $18,321,376 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,171,897 | BOYAmt |
| EOY | $3,328,785 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,408,224 | BOYAmt |
| EOY | $14,417,329 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,082,707 | BOYAmt |
| EOY | $71,069,023 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,361,601 | BOYAmt |
| EOY | $18,534,789 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,882,068 | BOYAmt |
| EOY | $10,658,934 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,107,929 | BOYAmt |
| EOY | $19,855,825 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $2,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,351,598 | BOYAmt |
| EOY | $51,049,548 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,731,109 | BOYAmt |
| EOY | $20,019,475 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,731,109 | BOYAmt |
| EOY | $20,019,475 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,082,707 | BOYAmt |
| EOY | $71,069,023 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,079,432 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $267,431 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$31,058,497 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $102,030,947 | CurrentTaxYearAmt |
| Total | $102,030,947 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $1,886,087 | CurrentTaxYearAmt |
| Total | $1,886,087 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $103,917,034 | CurrentTaxYearAmt |
| Total | $103,917,034 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $103,917,034 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $462,243 | CurrentTaxYearAmt |
| Total | $462,243 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $462,243 | CurrentTaxYearAmt |
| Total | $462,243 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $14,963 | CurrentTaxYearAmt |
| Total | $14,963 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $104,394,240 | CurrentTaxYearAmt |
| Total | $104,394,240 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2024 AMOUNT: $ 14,963. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,401,087 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,914,983 | DepreciationAmt |
| Book Value | $1,486,104 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $179,793 | OtherCostOrOtherBasisAmt |
| Depreciation | $157,992 | DepreciationAmt |
| Book Value | $21,801 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,850,059 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,417,380 | DepreciationAmt |
| Book Value | $1,432,679 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,940,584 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT OF USE ASSET - OPERATING LEASE | $14,217,386 |
| OTHER ASSETS | $55,320 |
| SECURITY DEPOSITS | $144,623 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $14,417,329 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LINE OF CREDIT & NOTES PAYABLE | Desc |
| Amt | $2,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,000,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LIABILITY FOR UNCERTAIN TAX POSITIONS: THE CLEARINGHOUSE HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRED RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| BRAIN INJURY ASSOCIATION OF OHIO | |||||||||
| PO BOX 21325 | COLUMBUS | OH | 43221 | 311123851 | 501(C)(3) | $10,000 | $0 | GENERAL SUPPORT | |
| COUNCIL OF CHIEF SCHOOL OFFICERS | |||||||||
| ONE MASSACHUSETTS AVENUE NW SUITE | WASHINGTON | DC | 200011431 | 530198090 | 501(C)(3) | $8,000 | $0 | GENERAL SUPPORT | 800 |
| NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES | |||||||||
| 530 N BLOUNT STREET | RALEIGH | NC | 27604 | 560775353 | 501(C)(3) | $16,000 | $0 | GENERAL SUPPORT | |
| THE MORGAN WALSH MEMORIAL TRUST | |||||||||
| 7 WESLEY CT | WEST HILLS | NY | 11743 | 844628095 | 501(C)(3) | $8,000 | $0 | GENERAL SUPPORT | |
| CODE THE DREAM INC | |||||||||
| 201 W MAIN ST STE 100 | DURHAM | NC | 27701 | 263275886 | 501(C)(3) | $18,000 | $0 | GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PROCEDURE FOR MONITORING USE OF GRANTS: EDUCATIONAL INSTITUTIONS MUST BE PRIMARY, SECONDARY OR HIGHER EDUCATION INSTITUTIONS OR A SCHOLARSHIP PROGRAM MANAGED BY A NON-PROFIT ORGANIZATION. CHARITABLE ORGANIZATIONS MUST BE RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS TAX-EXEMPT AND DESIGNATED A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE IRS CODE OR AS AN INSTRUMENTALITY OF A STATE OR LOCAL GOVERNMENT AS PROVIDED BY 170(C)(1) OF THE CODE. IT IS THE INTENT FOR NATIONAL STUDENT CLEARINGHOUSE TO SUPPORT SECULAR CHARITIES; HOWEVER CHARITABLE ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS THAT MEET THE ABOVE CRITERIA AND HAVE RELIGIOUS AFFILIATIONS MAY BE INCLUDED. HOUSES OF WORSHIP OR ORGANIZATIONS WHOSE POLICIES VIOLATE NATIONAL STUDENT CLEARINGHOUSE'S NON-DISCRIMINATION POLICIES DO NOT QUALIFY. SCHEDULE I, PART II, COLUMN (H) PURPOSE OF GRANTS: NSC MADE CONTRIBUTIONS DURING THE YEAR TO THE ORGANIZATIONS LISTED IN PART II IN HONOR AND APPRECIATION OF THE BOARD MEMBERS WHO RETIRED DURING THE YEAR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICARDO D TORRES | ||||||||||||||
| PRESIDENT AND CEO | $579,432 | $0 | $606,074 | $0 | $28,326 | $0 | $34,500 | $0 | $31,870 | $0 | $1,280,202 | $0 | $0 | $0 |
| DOUGLAS FALK THRU 1024 | ||||||||||||||
| VP & CHIEF INFORMATION OFFICER | $363,021 | $0 | $42,000 | $0 | $185,363 | $0 | $34,500 | $0 | $26,007 | $0 | $650,891 | $0 | $0 | $0 |
| CHRISTOPHER GOODSON | ||||||||||||||
| CHIEF GROWTH OFFICER | $417,432 | $0 | $126,000 | $0 | $4,790 | $0 | $34,500 | $0 | $32,049 | $0 | $614,771 | $0 | $0 | $0 |
| MARY CHAPIN | ||||||||||||||
| VP & CHIEF LEGAL OFC, CORP SEC | $396,102 | $0 | $84,774 | $0 | $5,158 | $0 | $34,500 | $0 | $2,553 | $0 | $523,087 | $0 | $0 | $0 |
| BRIDGET SEDLOCK | ||||||||||||||
| CHIEF PEOPLE OFFICER | $337,848 | $0 | $67,605 | $0 | $11,575 | $0 | $28,527 | $0 | $5,003 | $0 | $450,558 | $0 | $0 | $0 |
| JOHN RAMSEY | ||||||||||||||
| EXEC DIRECTOR CISO | $317,435 | $0 | $67,639 | $0 | $1,379 | $0 | $29,509 | $0 | $29,999 | $0 | $445,961 | $0 | $0 | $0 |
| LAWRENCE HATCH THRU 0724 | ||||||||||||||
| VP, INDUSTRY & WORKFORCE SERV | $265,186 | $0 | $121,581 | $0 | $3,138 | $0 | $34,500 | $0 | $16,790 | $0 | $441,195 | $0 | $0 | $0 |
| ROBERTA HYLAND | ||||||||||||||
| CHIEF DATA OFFICER | $310,299 | $0 | $38,500 | $0 | $15,888 | $0 | $30,501 | $0 | $25,148 | $0 | $420,336 | $0 | $0 | $0 |
| CHRISTINE COLE | ||||||||||||||
| SENIOR DIRECTOR, SALES & BUS. DVPT. | $221,402 | $0 | $135,733 | $0 | $2,322 | $0 | $26,674 | $0 | $29,100 | $0 | $415,231 | $0 | $0 | $0 |
| THOMAS BURKE | ||||||||||||||
| MANAGING DIRECTOR, IT | $281,412 | $0 | $41,156 | $0 | $3,564 | $0 | $31,075 | $0 | $36,410 | $0 | $393,617 | $0 | $0 | $0 |
| DAVID G PAYNE PHD | ||||||||||||||
| VP, LEARNER INSIGHTS | $274,262 | $0 | $49,500 | $0 | $7,520 | $0 | $29,177 | $0 | $28,909 | $0 | $389,368 | $0 | $0 | $0 |
| DR DOUGLAS SHAPIRO | ||||||||||||||
| VP, RESEARCH | $295,570 | $0 | $40,375 | $0 | $12,275 | $0 | $33,996 | $0 | $2,553 | $0 | $384,769 | $0 | $0 | $0 |
| MELBA AMISSI | ||||||||||||||
| VP, CORPORATE STRATEGY | $271,713 | $0 | $49,179 | $0 | $3,001 | $0 | $32,968 | $0 | $27,801 | $0 | $384,662 | $0 | $0 | $0 |
| ROBERT ROMANO | ||||||||||||||
| MANAGING DIRECTOR, IT | $266,433 | $0 | $35,779 | $0 | $3,564 | $0 | $28,751 | $0 | $26,932 | $0 | $361,459 | $0 | $0 | $0 |
| LAN QIAN | ||||||||||||||
| CHIEF ENTERPRISE ARCHITECT | $276,745 | $0 | $7,753 | $0 | $12,509 | $0 | $30,457 | $0 | $32,049 | $0 | $359,513 | $0 | $0 | $0 |
| MICHAEL JARRAH | ||||||||||||||
| MANAGING DIRECTOR, IT INF & OPS | $254,957 | $0 | $36,592 | $0 | $1,242 | $0 | $30,212 | $0 | $32,049 | $0 | $355,052 | $0 | $0 | $0 |
| LAWRENCE W ANDERSON | ||||||||||||||
| FORMER CHIEF TECH & OPS OFFICER | $0 | $0 | $0 | $0 | $178,385 | $0 | $0 | $0 | $0 | $0 | $178,385 | $0 | $0 | $0 |
| ANDREW SICLARI AS OF 724 | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $143,809 | $0 | $0 | $0 | $2,842 | $0 | $14,808 | $0 | $12,121 | $0 | $173,580 | $0 | $0 | $0 |
| ERIN SERAYDIAN THRU 0324 | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $104,141 | $0 | $40,500 | $0 | $679 | $0 | $10,385 | $0 | $5,470 | $0 | $161,175 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINES 4A-B | SEVERANCE PAYMENTS: DOUGLAS FALK RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $180,075. LAWRENCE W. ANDERSON RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $178,385. NONQUALIFIED RETIREMENT PLAN: MR. TORRES PARTICIPATES IN A SECTION 457(F) PLAN; HOWEVER, NO ACCRUALS WERE MADE FOR THE FISCAL YEAR. |
| PART I, LINE 5 | INCENTIVE BONUSES FOR CERTAIN BUSINESS DEVELOPMENT EXECUTIVES, DIRECTORS AND MANAGERS ARE PAID BASED UPON ACHIEVEMENT OF ESTABLISHED SALES ACTIVITY OR PROGRAM REVENUE GOALS. SALES AND REVENUE GOALS ARE ESTABLISHED ANNUALLY. ON A QUARTERLY BASIS, THE ACTUAL SALES ACTIVITY AND PROGRAM SERVICE REVENUE TOTALS ARE COMPARED TO THE GOALS, AND THE INCENTIVE PAYMENT IS CALCULATED AND PAID IN ACCORDANCE WITH THEIR RESPECTIVE INCENTIVE PLAN DOCUMENT. ALL INCENTIVE PROGRAMS ARE REVIEWED BY THE RESPONSIBLE SENIOR EXECUTIVE WITH SUPPORT BY FINANCE, HUMAN RESOURCES AND LEGAL AS APPROPRIATE. |
| PART I, LINE 7 | BONUS AWARDS: THE BOARD ESTABLISHES ANNUAL GOALS FOR THE CEO AND EVALUATES THE CEO'S ACHIEVEMENT AT THE END OF THE YEAR. THE BOARD HAS DISCRETION TO AWARD BONUSES BASED ON THE RESULTS DELIVERED BY THE CEO. SUCH BONUS IS CONSIDERED BY THE BOARD AS PART OF ITS EVALUATION OF REASONABLE COMPENSATION. BONUSES ARE PAID BASED ON COMPLETION OF GOALS. THE CEO WORKS JOINTLY WITH EACH EXECUTIVE TO SET ANNUAL GOALS. THE EXECUTIVE PREPARES AN ASSESSMENT OF HIS OR HER PERFORMANCE AGAINST THOSE GOALS AT THE END OF THE PERFORMANCE YEAR. THIS ASSESSMENT IS PROVIDED TO THE CEO WHO THEN EVALUATES PERFORMANCE AGAINST THOSE GOALS. THE CEO PRESENTS THE INFORMATION TO THE BOARD REGARDING SALARY INCREASE AND BONUS FOR EACH EXECUTIVE. THE BOARD APPROVES AND ENSURES THE CEO STAYS WITHIN OVERALL GUIDANCE AND BUDGET. THE VALUE OF ANY BONUSES OR PAY INCREASES ARE EVALUATED AS PART OF THE INDIVIDUAL'S TOTAL COMPENSATION PACKAGE FOR REASONABLENESS BY THE BOARD OF DIRECTORS. |
| SCHEDULE J, PART I, LINE 4A: | SEVERANCE PAYMENT: THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT FOR THE CALENDAR YEAR 2024: DOUG FALK $180,075 LAWRENCE W. ANDERSON $178,385 THIS AMOUNT IS REPORTED AS TAXABLE COMPENSATION ON SCHEDULE J, PART II, LINE B(III), OTHER REPORTABLE COMPENSATION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2A | NSC REPORTED ISSUING 406 FORMS W-2 ON ITS 2024 FORM W-3; HOWEVER, OF THIS AMOUNT, 80 EMPLOYEES WERE ASSIGNED TO WORK FOR NSC RESEARCH CENTER, A RELATED ENTITY. |
| FORM 990, PART VI, SECTION A, LINE 1A | EXECUTIVE COMMITTEE: WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT TO THE EXTENT, IF ANY, THAT SUCH AUTHORITY SHALL BE LIMITED BY RESOLUTION OF THE ENTIRE BOARD OF DIRECTORS; PROVIDED, HOWEVER, THAT NEITHER THE EXECUTIVE COMMITTEE NOR ANY OTHER COMMITTEE SHALL HAVE THE POWER TO AMEND THE ARTICLES OF INCORPORATION OR THESE BYLAWS OF THE CORPORATION, OR TO ELECT OR REMOVE ANY DIRECTOR OR OFFICER, OR TO AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF DIRECTORS (OR COMMITTEE THEREOF) UNLESS BY ITS TERMS SUCH RESOLUTION MAY BE AMENDED OR REPEALED. |
| FORM 990, PART VI, SECTION A, LINE 4 | SIGNIFICANT CHANGES TO ORGANIZING DOCUMENTS: DURING THE REPORTING PERIOD, NATIONAL STUDENT CLEARINGHOUSE RECEIVED AN IRS DETERMINATION LETTER CHANGING THE ORGANIZATION'S TAX-EXEMPT STATUS FROM IRC SECTION 501(C)(4) TO A 501(C)(3) PUBLIC CHARITY EFFECTIVE AUGUST 29, 2024. EFFECTIVE FEBRUARY 3, 2025, NATIONAL STUDENT CLEARINGHOUSE AMENDED ITS BYLAWS FOR THE FOLLOWING SIGNIFICANT CHANGES: - ADDED A NEW ARTICLE I ("PURPOSES") THAT SETS FORTH THE CLEARINGHOUSE'S CHARITABLE PURPOSE AND SPECIFIC PURPOSES. - CLARIFIED THE MAJORITY VOTE REQUIRED TO FILL A VACANCY IN AN OFFICER POSITION AND PROVIDED THAT AN OFFICER APPOINTED TO FILL A VACANCY SERVES THE REMAINDER OF THE PREDECESSOR OFFICER'S TERM. - MADE OTHER CONFORMING AND CLARIFYING REVISIONS THROUGHOUT THE BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS: FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. IN ACCORDANCE WITH NSC'S POLICY, A COMPLETE FORM 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990 IS REVIEWED BY ALL MEMBERS OF THE BOARD PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY: BOARD MEMBERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRED TO COMPLETE A FORM ACKNOWLEDGING THE POLICY AND DISCLOSING ANY CONFLICTS. THE POLICY INCLUDES A REQUIREMENT THAT ANY NEW CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR BE REPORTED TO THE CHAIRMAN OF THE BOARD. PROCEDURES FOR EVALUATING POTENTIAL CONFLICTS ARE INCORPORATED IN THE POLICY. ANY DIRECTOR WHO MAY BE INVOLVED IN A NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE CHAIRMAN OF THE BOARD. THE CHAIRMAN, OR AT THE DIRECTION OF THE CHAIRMAN, THE PRESIDENT OF NATIONAL STUDENT CLEARINGHOUSE SHALL PROMPTLY INFORM THE ENTIRE BOARD OF SUCH POTENTIAL CONFLICT. THE AFFECTED DIRECTOR SHALL NOT VOTE ON ANY SUCH TRANSACTION, PARTICIPATE IN DELIBERATIONS CONCERNING IT, OR USE PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE DIRECTOR WILL BE EXCUSED FROM THE PORTION OF ANY MEETING DISCUSSING THE TRANSACTION AND THE DIRECTOR'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY VOTE WITH RESPECT TO NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE CONFLICT OF INTEREST. FURTHERMORE, THE DIRECTOR, OR THE CHAIRMAN IN THE DIRECTOR'S ABSENCE, SHALL NOTE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER DIRECTORS BEFORE ANY VOTE ON NATIONAL STUDENT CLEARINGHOUSE BUSINESS TRANSACTION AND SUCH DISCLOSURE SHALL BE RECORDED IN THE MINUTES OF THE MEETING AT WHICH IT WAS MADE. IN THE EVENT OF POTENTIAL CONFLICT INVOLVES THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN SHALL ACT IN THE PLACE OF THE CHAIRMAN FOR THE PURPOSES OF THIS POLICY. ANY BOARD OF DIRECTORS SHALL NOT APPROVE ANY TRANSACTION WHICH INVOLVES A POTENTIAL CONFLICT OF INTEREST WITH A DIRECTOR UNLESS AND UNTIL THE BOARD OF DIRECTORS HAS SPECIFICALLY AND IN GOOD FAITH DETERMINED AFTER REASONABLE INVESTIGATION (INCLUDING A REVIEW OF THE TERMS UPON WHICH OTHER COMPARABLE ORGANIZATIONS ENTER TRANSACTIONS OR ARRANGEMENTS SIMILAR TO THE ONE UNDER CONSIDERATION) THAT: A. THE BOARD IS AWARE OF ALL MATERIAL FACTS CONCERNING THE TRANSACTION AND THE DIRECTOR OR OFFICER'S INTEREST IN THE TRANSACTION; B. NATIONAL STUDENT CLEARINGHOUSE IS ENTERING INTO THE TRANSACTION FOR ITS OWN BENEFIT; C. THE TRANSACTION IS FAIR AND REASONABLE AS TO NATIONAL STUDENT CLEARINGHOUSE; D. NATIONAL STUDENT CLEARINGHOUSE COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. MANAGEMENT SHALL BE RESPONSIBLE FOR PROVIDING THE BOARD WITH SUFFICIENT INFORMATION SO THAT THE BOARD CAN ASSESS THE FAIRNESS AND REASONABLENESS OF THE COMPENSATION INVOLVED. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF DIRECTORS CONDUCTS AN INDEPENDENT OUTSIDE COMPENSATION ANALYSIS FOR THE CEO EACH YEAR THAT IS USED TO MONITOR THE APPROPRIATENESS OF HIS COMPENSATION. A SIMILAR PROCESS IS COMPLETED BY THE CHIEF PEOPLE OFFICER FOR THE OTHER EXECUTIVES. PERIODICALLY, NSC HIRES AN OUTSIDE FIRM TO CONDUCT A COMPENSATION ANALYSIS FOR THE NON-EXECUTIVE EMPLOYEE POSITIONS. AS PART OF OUR ANNUAL REVIEW PROCESS, ANOTHER OUTSIDE FIRM CONDUCTS THE PERFORMANCE RATINGS ANALYSIS TO ASSESS CONSISTENCY AND FAIRNESS. AT MERIT INCREASE TIME, THE CHIEF PEOPLE OFFICER DOES A REVIEW OF COMPENSATION BY WORKGROUP TO DETERMINE WHETHER ANY ADJUSTMENTS ARE REQUIRED TO BRING PEOPLE WITH LIKE POSITIONS AND EXPERIENCE TO A COMPARABLE COMPENSATION LEVEL. THE BOARD APPROVES THE COMPENSATION OF THE CEO AND OTHER OFFICERS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE BOARD OF DIRECTORS. A GROUP OF INDEPENDENT PERSONS WHO SERVE ON THE BOARD OF DIRECTORS EVALUATE EXTERNAL COMPENSATION DATA FROM COMPARABLE INSTITUTIONS, DISCUSS THEIR REVIEW, AND CONTEMPORANEOUSLY DOCUMENT THEIR CONCLUSION THAT THE TOTAL COMPENSATION PAID TO SUCH PERSONS IS REASONABLE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE TO THE PUBLIC BY REQUEST TO THE CORPORATE SECRETARY. FINANCIAL STATEMENTS ARE AVAILABLE TO PARTICIPANTS IN OUR SERVICES UNDER THE TERMS OF OUR CONTRACTS WITH THEM AND TO INDIVIDUALS BY REQUEST TO THE TREASURER. |
| FORM 990, PART IX, LINE 11G | TEMPORARY AND CONTRACT HELP: PROGRAM SERVICE EXPENSES 2,195,219. MANAGEMENT AND GENERAL EXPENSES 1,036,008. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,231,227. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 3,159,521. MANAGEMENT AND GENERAL EXPENSES 996,810. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,156,331. IT PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 726,123. MANAGEMENT AND GENERAL EXPENSES 2,971,209. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,697,332. |
| FORM 990, PART XI, LINE 9: | TRANSFER OF ASSETS AND LIABILITIES FROM NSCRC -31,058,497. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATL STUDENT CLEARINGHOUSE RESEARCH CTR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2300 DULLES STATION BLVD 220 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 201716350 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271255674 | EIN |
| Primary Activities | SUPPORT EDUCATION & RESEARCH PRGRAMS OF NSC | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL STUDENT CLEARINGHOUSE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER | ||
| N | $604,732 | COST |
| NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER | ||
| O | $1,281,355 | COST |
| NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER | ||
| S | $2,656,914 | COST |