2024-05-23T13:35:20-05:00 2023-08-31 420714325 RSM US LLP 201 FIRST ST SE STE 800 CEDAR RAPIDS IA 524011425 990 2022-09-01 420841485 ACT INC ACTI 3193371000 PO BOX 168 IOWA CITY IA 522430168 CURT YEDLIK CFO 3193371000 2023-12-20 1 CURT YEDLIK 999009999 0 SHAWNA HULS P01315330 3192985333 2024-05-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANET GODWIN PO BOX 168 IOWA CITY IA 522430168 313125708 0 X WWW.ACT.ORG X 1960 IA HELPING PEOPLE ACHIEVE EDUCATION AND WORKPLACE SUCCESS 12 9 1055 577 251602 0 70000 742900 238667070 234242638 5287341 5410482 326679 337514 244351090 240733534 770571 536046 0 0 105127865 109859253 0 0 0 150431485 109629137 256329921 220024436 -11978831 20709098 292875868 298125051 67974621 51183908 224901247 246941143 X ACT, INC. (ACT) WAS ESTABLISHED AS A CORPORATION NOT FOR PECUNIARY PROFIT UNDER THE LAWS OF THE STATE OF IOWA ON AUGUST 23, 1960. THE PURPOSE AND MISSION OF ACT IS TO ADVANCE EDUCATION BY PROVIDING PROGRAMS, SERVICES, AND CONDUCTING RESEARCH THAT ASSISTS: A) INDIVIDUALS PLANNING AND PURSUING EDUCATION AND TRAINING, B) EDUCATORS DELIVERING INSTRUCTION AND TRAINING, AND C) POLICY MAKERS CONCERNED WITH ENSURING THAT INDIVIDUALS ARE READY FOR EDUCATION AND WORKPLACE SUCCESS. 0 0 178371709 466046 212522336 EDUCATION ASSESSMENT PROGRAM - ACT'S EDUCATION ASSESSMENT PROGRAM IS DESIGNED AND DEVELOPED TO INFORM INDIVIDUALS (AND THOSE HELPING THEM) ABOUT THE KNOWLEDGE AND SKILLS NEEDED FOR SUCCESS IN EDUCATION AND EVENTUALLY CAREER. INFORMATION RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS ENABLE INDIVIDUALS TO PREPARE THEMSELVES FOR A NEXT LEVEL OF EDUCATION AND/OR TRAINING. THE ASSESSMENTS PROVIDE EDUCATORS AND TRAINERS WITH INFORMATION USEFUL IN GUIDING THEIR TEACHING AND INSTRUCTION. COLLECTIVELY, DATA RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS FACILITATES RESEARCH ON EFFECTIVE EDUCATIONAL PRACTICES OF VALUE TO NATIONAL, STATE AND LOCAL EDUCATORS AND POLICY MAKERS. 18288806 70000 21468700 WORKFORCE DEVELOPMENT ASSESSMENT PROGRAM - ACT'S WORKFORCE DEVELOPMENT ASSESSMENT PROGRAM IS COMPLEMENTARY OF ITS EDUCATION ASSESSMENT PROGRAM IN THAT IT FOCUSES ON HELPING INDIVIDUALS TO ACQUIRE THE SKILLS THAT THEY NEED FOR SUCCESS IN THE WORKPLACE. THE PROGRAM IS A COMPONENT PART OF THE OVERALL EDUCATION PROCESS AND HELPS INDIVIDUALS TO UNDERSTAND THE SKILLS THEY WILL NEED TO BE READY FOR WORKPLACE RELATED EDUCATION AND TRAINING PROGRAMS. THE ASSESSMENTS ARE USED WIDELY BY EDUCATORS AND TRAINERS TO PRESCRIBE AND PROVIDE INSTRUCTIONAL INTERVENTIONS FOR THOSE INDIVIDUALS. COLLECTIVELY, DATA RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS ENABLES RESEARCH ON NATIONAL, STATE, AND REGIONAL SKILL GAPS IN THE LABOR POOL AND FACILITATES DECISIONS AND STRATEGIES FOR ADDRESSING THEM. 196660515 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 6904 0 1 1055 1 1 1 1 AS CH ID NL HK 0 0 0 0 0 0 0 0 0 0 X 12 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CA IL MA MN NH NY X CURT D YEDLIK 3193371000 500 ACT DRIVE IOWA CITY IA 522430168 X JANET GODWIN CEO 40.00 0.00 X X 690066 0 35411 DANIEL A DOMENECH CHAIR 5.00 0.00 X X 86800 0 0 DEB DELISLE VICE CHAIR 3.00 0.00 X X 60950 0 0 WALTER BUMPHUS DIRECTOR 3.00 0.00 X 53300 0 0 KAREN CATOR DIRECTOR 4.00 0.00 X 54950 0 0 SHIRLEY COLLADO DIRECTOR 4.00 0.00 X 15000 0 0 JAMIE MERISOTIS DIRECTOR 4.00 0.00 X 15150 0 0 ANTHONY MILLER DIRECTOR 4.00 0.00 X 71650 0 0 JULIUS W MUIS DIRECTOR 4.00 0.00 X 68000 0 0 EDUARDO J PADRON DIRECTOR 4.00 0.00 X 59450 0 0 RICHARD RHODES DIRECTOR 4.00 0.00 X 15150 0 0 CHAD P WICK DIRECTOR 4.00 0.00 X 57150 0 0 CURT YEDLIK CFO & TREASURER 40.00 2.00 X 351069 0 30214 MICHAEL CLIFTON CORPORATE SECRETARY 40.00 0.00 X 248652 0 132002 CHARLES ASTORINO CHIEF SALES OFFICER 40.00 0.00 X 398953 0 42887 ADRIENNE DIEBALL VP - CONTENT SERVICES & SOLUTIONS 40.00 0.00 X 293422 0 43343 SHANE KING CHIEF OPERATING OFFICER 40.00 1.00 X 343562 0 17176 MEHUL DOSHI CHIEF PRODUCT & TECH OFFICER 40.00 0.00 X 651021 0 18241 DIANNE HENDERSON VP - MEASUREMENT INNOVATION 40.00 1.00 X 371820 0 28237 DON WINGERT VP - IT INFRASTRUCTURE AND SERVICES 40.00 0.00 X 292590 0 23780 LAURA SEAMANS VP - TALENT STRATEGY ADMINISTRATION 40.00 0.00 X 288375 0 40850 CHARLES MERRITT VP - EA-ADMINISTRATION 40.00 0.00 X 278944 0 14605 RANJIT SIDHU CHIEF STRATEGY OFFICER 40.00 0.00 X 298297 0 32478 THOMAS ROTHERHAM FORMER DIRECTOR 4.00 0.00 X 46350 0 0 VIVIEN STEWART TEITELBAUM FORMER DIRECTOR 4.00 0.00 X 49000 0 0 5159671 0 459224 296 1 1 0 NCS PEARSON 13036 COLLECTION CENTER DR CHICAGO IL 60693 DATA PROCESSING 21002284 STARTEK INC 4610 SOUTH ULSTER STREET SUITE 150 DENVER CO 80237 CALL CENTER - CUSTOMER CARE 5017745 AMAZON WEB SERVICES LLC PO BOX 84023 SEATTLE WA 98124 DATA PROCESSING 4554194 FEDERAL EXPRESS CORP PO BOX 94515 PALATINE IL 60094 DELIVERY SERVICES 3931821 KELLY SERVICES INC PO BOX 530437 ATLANTA GA 30353 TEMPORARY LABOR 2493516 56 742900 742900 EDUCATIONAL ASSESSMENT 611710 209385389 209385389 WORKFORCE DEVELOPMENT 541900 21720302 21468700 251602 EDU ASSESSMENT-ENCOURA 611710 3136947 3136947 234242638 3338766 3338766 457931 120417 337514 337514 337514 62279239 12064234 63924464 8347293 -1645225 3716941 2071716 2071716 240733534 233991036 251602 5747996 X 532083 532083 3963 3963 3693658 1532652 2161006 84313801 74004023 10309778 4370615 3786105 584510 11272766 9566485 1706281 6208413 5378122 830291 1490019 3266 1486753 337420 295 337125 114910 114910 199407 199407 43717328 42645883 1071445 2747363 2712035 35328 17698800 17031945 666855 10396066 9282086 1113980 73738 73738 1708347 1537512 170835 1924715 1676418 248297 1070812 947282 123530 365058 365058 6561777 6282241 279536 1912223 1912223 TEST ADMINISTRATION 18877787 18877625 162 MEMBERSHIP FEES 373452 292223 81229 LITIGATION SETTLEMENT 45000 45000 STATE TAXES 300 300 14615 14565 50 220024436 196660515 23363921 0 35531564 70259864 25898463 18741359 5221126 1177948 5204360 4106247 2736868 3572259 64721809 30638313 43711246 34083496 74164129 80720097 104416735 97060951 -26156355 -28198109 11801314 9095507 10346418 7505432 292875868 298125051 36389928 20351657 17608502 18507283 11840000 10070000 53970 2136191 2200998 67974621 51183908 X 224751954 246576733 149293 364410 224901247 246941143 292875868 298125051 X 20709098 5294652 -3963854 X X 0 1 X 1 0 X 375000 322000 844745 70000 742900 2354645 287704567 189688429 237692081 238503304 233991036 1187579417 288079567 190010429 238536826 238573304 234733936 1189934062 6990087 605632 1775235 5122930 3732080 18225964 24070600 17458649 20036260 28080594 28092897 117739000 31060687 18064281 21811495 33203524 31824977 135964964 1053969098 8864194 6180329 2042622 1772549 3796697 22656391 8864194 6180329 2042622 1772549 3796697 22656391 33154 33154 296943761 196190758 240579448 240345853 238563787 1212623607 0.86920 0.87180 0.01870 0.02040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 218935 0 0 218935 0 PART II-B, LINE 1: ACT HAS CERTAIN EMPLOYEES LOCATED IN WASHINGTON, D.C. THAT ARE REGISTERED LOBBYISTS. IN ADDITION, ACT CONTRACTED WITH LOBBYING FIRMS DURING THE YEAR TO ASSIST IN MONITORING FEDERAL AND STATE LEGISLATIVE ACTIVITY AND HELPING TO STRENGTHEN ACT'S RELATIONSHIPS WITHIN EACH STATE CONCERNING ACT INITIATIVES AND PROGRAMS. 7763817 7763817 43830297 19131693 24698604 10525656 10184943 340713 2602039 1321677 1280362 34083496 INVESTMENT IN ACT ASSESSMENT TECHNOLOGIES, INC. (FORMERLY ACT BRIDGE, INC.) 97060951 C 97060951 POST RETIREMENT BENEFIT PLAN OBLIGATIONS 2200998 2200998 X PART X, LINE 2: FIN 48 FOOTNOTE FROM AUDITED FINANCIAL REPORT: ACT, PROEXAM AND ACT EDUCATION ASSESSMENT SERVICES, INC. ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES AND FILE FORMS 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. ACT HAS CERTAIN REVENUE FROM PROGRAMS AND SERVICES THAT, BY VIRTUE OF A 1980 AGREEMENT WITH THE INTERNAL REVENUE SERVICE (IRS), IS DEEMED TO BE UNRELATED TO ITS TAX-EXEMPT PURPOSE AND, THEREFORE, MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAX. THE ENTITIES CONSOLIDATED INTO ACT INTERNATIONAL B.V. ARE NOT DIRECTLY SUBJECT TO U.S. INCOME TAX AND SUCH INCOME AND LOSS OF SUCH FOREIGN ENTITIES ARE NOT INCLUDED IN THE U.S. TAXABLE INCOME OF ACT. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME (UBI). AS OF AUGUST 31, 2023 AND 2022, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY AND ANY AMOUNTS OWED RELATED TO UBI ARE IMMATERIAL TO THE FINANCIAL STATEMENTS AS A WHOLE. FORMS 990 AND 990-T FILED BY ACT ARE SUBJECT TO EXAMINATION BY THE IRS UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY ACT ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS ENDED AUGUST 31, 2019 AND PRIOR, AND FORMS 990 AND 990-T FILED BY PROEXAM ARE NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS ENDED AUGUST 31, 2019 AND PRIOR. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TESTING SERVICES 42795 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TESTING SERVICES 3246268 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TESTING SERVICES 549493 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES TESTING SERVICES 2174117 NORTH AMERICA 0 0 PROGRAM SERVICES TESTING SERVICES 236424 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 PROGRAM SERVICES TESTING SERVICES 91553 SOUTH AMERICA 0 0 PROGRAM SERVICES TESTING SERVICES 124877 SOUTH ASIA 0 0 PROGRAM SERVICES TESTING SERVICES 330958 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES TESTING SERVICES 139259 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM-RELATED INVESTMENTS -1336736 0 0 0 0 0 0 6796485 -1197477 5599008 0 0 1 0 0 1 PART I, LINE 3: THE FOREIGN EXPENDITURES FOR PROGRAM SERVICES REPORTED IN COLUMN (F) RELATE TO THE ADMINISTRATION OF ACT ASSESSMENTS INTERNATIONALLY. ACT MAY HAVE OTHER FOREIGN EXPENDITURES IN THE REGIONS LISTED THAT SUPPORT THE PROGRAMS OF ACT'S FOREIGN SUBSIDIARIES. THESE AMOUNTS ARE NOT SEPARATELY TRACKED AND ARE NOT REFLECTED IN THE AMOUNTS REPORTED. FOREIGN INVESTMENTS IN FOREIGN SUBSIDIARIES ARE SHOWN AT NET ASSET VALUE RESULTING IN A NEGATIVE INVESTMENT VALUE IN COLUMN (F) FOR FISCAL YEAR ENDING 2023 DUE TO LIABILITIES EXCEEDING ASSETS. PART III ACCOUNTING METHOD: 1 ACT EDUCATION ASSESSMENT SERVICES INC 500 ACT DRIVE IOWA CITY IA 522430168 831610170 501(C)(3) 301083 0 N/A N/A GENERAL OPERATING UNITED WAY OF JOHNSON COUNTY 1150 5TH ST CORALVILLE IA 522412933 426062055 501(C)(3) 60000 0 N/A N/A MATCHING CONTRIBUTION FOR UNITED WAY CAMPAIGN IOWA CITY COMMUNITY SCHOOL DISTRICT FOUNDATION 1725 N DODGE ST IOWA CITY IA 52245 421177023 501(C)(3) 40000 0 N/A N/A 2021-23 GREATEST NEED DONATION IOWA CITY AREA DEVELOPMENT GROUP INCORPORATED 136 S DUBUQUE ST IOWA CITY IA 52240 421234837 501(C)(6) 10000 0 N/A N/A GENERAL OPERATING 3 1 PART I, LINE 2: ACT REVIEWS THE QUALIFICATIONS OF THOSE REQUESTING CONTRIBUTIONS TO ENSURE THAT THEY ARE NONPROFIT ORGANIZATIONS. ACT HAS CREATED AN EMPLOYEE COMMITTEE TO REVIEW ALL SUCH REQUESTS. REQUESTS UP TO $10,000 ARE APPROVED/DENIED BY THE COMMITTEE. REQUESTS OVER $10,000 ARE APPROVED/DENIED BY THE CEO. X 1 1 X X X X X X 1 1 0 0 0 1 0 0 0 JANET GODWIN CEO 538936 0 125145 0 25985 0 18300 0 17111 0 725477 0 0 0 MEHUL DOSHI CHIEF PRODUCT & TECH OFFICER 325909 0 122000 0 203112 0 17077 0 1164 0 669262 0 0 0 CHARLES ASTORINO CHIEF SALES OFFICER 297895 0 78043 0 23015 0 18300 0 24587 0 441840 0 0 0 DIANNE HENDERSON VP - MEASUREMENT INNOVATION 295809 0 73306 0 2705 0 17935 0 10302 0 400057 0 0 0 CURT YEDLIK CFO & TREASURER 285555 0 63731 0 1783 0 15544 0 14670 0 381283 0 0 0 MICHAEL CLIFTON CORPORATE SECRETARY 200950 0 47230 0 472 0 104505 0 27497 0 380654 0 0 0 SHANE KING CHIEF OPERATING OFFICER 272002 0 66281 0 5279 0 16320 0 856 0 360738 0 0 0 ADRIENNE DIEBALL VP - CONTENT SERVICES & SOLUTIONS 236741 0 54886 0 1795 0 13055 0 30288 0 336765 0 0 0 RANJIT SIDHU CHIEF STRATEGY OFFICER 246524 0 49469 0 2304 0 26523 0 5955 0 330775 0 0 0 LAURA SEAMANS VP - TALENT STRATEGY ADMINISTRATION 234270 0 53740 0 365 0 14503 0 26347 0 329225 0 0 0 DON WINGERT VP - IT INFRASTRUCTURE AND SERVICES 234488 0 35006 0 23096 0 15111 0 8669 0 316370 0 0 0 CHARLES MERRITT VP - EA-ADMINISTRATION 227698 0 50738 0 508 0 6874 0 7731 0 293549 0 0 0 VIVIEN STEWART TEITELBAUM FORMER DIRECTOR 49000 0 0 0 0 0 0 0 0 0 49000 0 0 0 THOMAS ROTHERHAM FORMER DIRECTOR 46350 0 0 0 0 0 0 0 0 0 46350 0 0 0 PART I, LINE 1A ACT'S TRAVEL POLICY GENERALLY PROHIBITS FIRST CLASS TRAVEL AT ACT'S EXPENSE. THE POLICY DOES ALLOW LIMITED EXCEPTIONS FOR FIRST CLASS TRAVEL AT ACT'S EXPENSE UNDER CIRCUMSTANCES REQUIRING EXTENDED UNINTERRUPTED FLIGHTS. IN ADDITION, TEAM MEMBERS ARE ELIGIBLE TO FLY FIRST CLASS IF THERE IS NO ADDITIONAL EXPENSE TO ACT (I.E., USE OF TRAVEL POINTS). ONE KEY EMPLOYEE WAS PROVIDED WITH FIRST CLASS TRAVEL. NO AMOUNT WAS TREATED AS TAXABLE COMPENSATION TO THE LISTED PERSONS. PART I, LINES 4A-B ACT MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN LISTED PERSONS. THE PLAN DOES NOT ALLOW ELIGIBLE EMPLOYEES TO MAKE ELECTIVE CONTRIBUTIONS BUT DOES PROVIDE FOR ACT TO MAKE DISCRETIONARY CONTRIBUTIONS TO ELIGIBLE EMPLOYEES. ACT MADE NO SUCH CONTRIBUTIONS DURING THE YEAR. ACT MAINTAINS SEVERANCE/TERMINATION AGREEMENTS WITH CERTAIN LISTED PERSONS. SEVERANCE AGREEMENTS GENERALLY PROVIDE FOR EITHER A LUMP SUM PAYMENT OR A SERIES OF PAYMENTS OVER TIME UPON THE TERMINATION OF THE LISTED PERSON. THE SPECIFIC TERMS AND CONDITIONS OF EACH SEVERANCE AGREEMENT ARE DETERMINED ON AN INDIVIDUAL BASIS. DURING THE YEAR THERE WERE SEVERANCE PAYMENTS MADE PURSUANT TO A CONFIDENTIAL AGREEMENT. ALL AMOUNTS PAID HAVE BEEN PROPERLY REPORTED ON FORM W-2 AND REPORTED IN FORM 990, PART VII, COLUMN D, AND ALSO IN SCHEDULE J, PART II, COLUMN B(III). THE AGREEMENT IS AVAILABLE TO THE INTERNAL REVENUE SERVICE UPON REQUEST. OTHER LISTED PERSONS MAY BE ELIGIBLE FOR SIMILAR SEVERANCE ARRANGEMENTS. PART I, LINE 6 ACT MAINTAINS AN ANNUAL INCENTIVE PLAN WHICH PAYS OUT BONUSES YEARLY TO CERTAIN LISTED PERSONS. THE PLAN IS REEVALUATED AND UPDATED EVERY FISCAL YEAR. THE PAYOUT OF THE PLAN IS PARTLY BASED UPON THE FINAL FISCAL YEAR OPERATING INCOME RESULTS OF THE ORGANIZATION AND IS TYPICALLY PAID OUT FOLLOWING THE END OF THE FISCAL YEAR. ALL AMOUNTS PAID HAVE BEEN PROPERLY REPORTED ON FORM W-2 AND REPORTED IN FORM 990, PART VII, COLUMN D, AND ALSO IN SCHEDULE J, PART II, COLUMN B(II). A CITY OF IOWA CITY IOWA 2017-02-28 27560000 REFUNDING REVENUE BONDS 0 0 0 A 27560000 300710 1 0 1 1 A 0 0 0 0 0 0 0 0 0 A 1 FORM 990, PART I, LINE 6, NUMBER OF VOLUNTEERS: ACT HAS STATE ORGANIZATIONS THAT SERVE AS ADVISORY AND ADVOCACY GROUPS TO FACILITATE COMMUNICATIONS BETWEEN ACT AND THE EDUCATIONAL INSTITUTIONS AND AGENCIES THAT PARTICIPATE IN ACT PROGRAMS. THESE ORGANIZATIONS ARE NOT SEPARATE LEGAL ENTITIES, BUT DO HAVE ORGANIZING BYLAWS. THE STATE ORGANIZATIONS PROVIDE FEEDBACK TO ACT ON ITS PROGRAMS AS THEY RELATE TO THE INFORMATION NEEDS OF INDIVIDUALS, SCHOOLS, AND AGENCIES IN THE STATE. THERE ARE 577 REPRESENTATIVES INCLUDING EDUCATORS, AGENCY PERSONNEL, LEADERS OF STATE ASSOCIATIONS, AND WORKFORCE PROFESSIONALS WHO ACTIVELY VOLUNTEER THEIR TIME TO SERVE IN AN ADVISORY CAPACITY BY ATTENDING MEETINGS WITH ACT REGIONAL AND NATIONAL OFFICE STAFF TO PROVIDE INPUT. FORM 990, PART VI, SECTION A, LINE 2 SOME CURRENT AND FORMER OFFICERS, DIRECTORS, AND KEY EMPLOYEES HAVE A BUSINESS RELATIONSHIP WITH OTHER CURRENT AND FORMER OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO THE EXTENT THAT THEY ALSO SERVE TOGETHER ON THE BOARDS OF OTHER ENTITIES RELATED TO ACT, INC.: JANET GODWIN, CURT YEDLIK, SHANE KING, AND DIANNE HENDERSON FORM 990, PART VI, SECTION B, LINE 11B PROCEDURES FOR REVIEW OF FORM 990 THE AUDIT COMMITTEE OF THE CORPORATION CONDUCTS A SUBSTANTIVE REVIEW OF THE FORM 990 PRIOR TO ITS FILING WITH THE ASSISTANCE OF THE CORPORATION'S CHIEF FINANCIAL OFFICER, COUNSEL, AND STAFF. THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO ALL OF THE MEMBERS OF THE CORPORATION'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ACT HAS CREATED AN ETHICS ADVISORY COMMITTEE. MEMBERS OF THE ETHICS ADVISORY COMMITTEE REVIEW CONFLICT OF INTEREST QUESTIONNAIRES SUBMITTED BY EMPLOYEES AND ARE RESPONSIBLE FOR SEEING THAT CONFLICTS OF INTEREST ARE INVESTIGATED AND APPROPRIATELY ADDRESSED. IN ADDITION TO QUESTIONNAIRES, THE ETHICS COMMITTEE UTILIZES AN ANONYMOUS ETHICS HOTLINE AND CONVERSATIONS WITH TEAM MEMBERS TO MONITOR ETHICS ISSUES. THEY ALSO WORK CLOSELY WITH ACT'S HUMAN RESOURCES DEPARTMENT TO DEVELOP EDUCATION AND TRAINING PROGRAMS FOR EMPLOYEES REGARDING THE CONFLICTS OF INTEREST POLICY AND ETHICS ISSUES. THE ETHICS ADVISORY COMMITTEE REPORTS DIRECTLY TO THE AUDIT COMMITTEE OF ACT'S BOARD OF DIRECTORS. CONFLICT OF INTEREST QUESTIONNAIRES SUBMITTED BY DIRECTORS OR OFFICERS ARE REVIEWED AND ADDRESSED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CEO IS DETERMINED BASED UPON A PROCESS THAT INCLUDES CONTEMPORANEOUS DOCUMENTATION AND A PERIODIC INDEPENDENT COMPENSATION STUDY CONDUCTED BY A PROFESSIONAL FIRM. AMONG OTHER BENCHMARKS, THE STUDY INCLUDES A REVIEW OF COMPENSATION PUBLISHED BY SIMILAR ORGANIZATIONS CONTAINED IN FORM 990. COMPENSATION OF THE CEO IS APPROVED BY THE BOARD BASED UPON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION OF ALL OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED UNDER ACT'S COMPENSATION POLICY. THE CEO APPROVES THE COMPENSATION FOR ALL OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 ACT DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A, BOARD MEMBER COMPENSATION: PER ACT POLICY, BOARD MEMBERS ARE EXPECTED TO PARTICIPATE IN FOUR TWO-DAY BOARD MEETINGS, COMMITTEE MEETINGS THAT OCCUR THROUGHOUT THE YEAR, AND AT OTHER TIMES TO DISCUSS IMPORTANT AND STRATEGIC MATTERS PERTAINING TO ACT. IN EXCHANGE FOR THEIR VALUABLE TIME AND SERVICE, ACT COMPENSATES THE BOARD WITH AN ANNUAL AMOUNT THAT IS PRORATED FOR MEETING ATTENDANCE AND PARTIAL YEARS OF SERVICE. THE CHAIRMAN OF THE BOARD AND COMMITTEE CHAIRS, AS WELL AS BOARD MEMBERS WHO ARE REQUESTED TO PROVIDE TIME OTHER THAN FOR MEETING ATTENDANCE, RECEIVE ADDITIONAL COMPENSATION AT A COMMENSURATE RATE. IN ADDITION TO SERVING AS A VOTING MEMBER OF THE BOARD OF DIRECTORS, JANET GODWIN ALSO SERVES AS CEO OF ACT. COMPENSATION AS CEO IS DISCLOSED ON FORM 990, PART VII, SECTION A AND SCHEDULE J. SHE RECEIVES NO ADDITIONAL COMPENSATION FOR SERVICE AS A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B), AVERAGE HOURS PER WEEK: HOURS LISTED FOR EACH INDIVIDUAL ARE REPORTED ON A CALENDAR YEAR BASIS. HOURS REPORTED FOR EMPLOYEES REPRESENT RECORDED PAYROLL HOURS. ACTUAL HOURS WORKED MAY EXCEED THE HOURS REPORTED. FORM 990, PART IX, LINE 11G COMPUTER PROCESSING-EXTERNAL: PROGRAM SERVICE EXPENSES 8,346,164. MANAGEMENT AND GENERAL EXPENSES 131,698. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,477,862. TEMPORARY LABOR: PROGRAM SERVICE EXPENSES 1,969,645. MANAGEMENT AND GENERAL EXPENSES 29,092. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,998,737. CONSULTING AND OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 21,156,088. MANAGEMENT AND GENERAL EXPENSES 866,094. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,022,182. ESSAY SCORING: PROGRAM SERVICE EXPENSES 4,825,732. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,825,732. COMPUTER PROGRAMMING - EXTERNAL: PROGRAM SERVICE EXPENSES 1,673,749. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,673,749. OTHER DATA PROCESSING: PROGRAM SERVICE EXPENSES 4,477,989. MANAGEMENT AND GENERAL EXPENSES 44,561. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,522,550. ITEM DEVELOPMENT: PROGRAM SERVICE EXPENSES 118,253. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 118,253. HONORARIA OTHER: PROGRAM SERVICE EXPENSES 1,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,840. INTERCOMPANY SERVICE: PROGRAM SERVICE EXPENSES 76,423. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,423. FORM 990, PART XI, LINE 9: (INCREASE) IN NET ASSETS - ACT INTERNATIONAL CONSOLIDATED 5,025,205. (INCREASE) IN NET ASSETS - ACT ASSESSMENT TECHNOLOGIES CONSOLIDATED 545,270. (DECREASE) IN NET ASSETS - ENCOURA, LLC -8,283,449. (DECREASE) IN NET ASSETS - ACT EDUCATION ASSESSMENT SERVICES -13,151. INCOME ON EQUITY INVESTMENT 1,965,230. NET INCOME FROM ELIMINATING ENTRIES -66,012. PASSTHROUGH INCOME BOOK-TAX DIFFERENCE -3,136,947. FORM 990, PART XII, LINE 2C, RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT: THE ORGANIZATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. PROFESSIONAL EXAMINATION SERVICE (DISSOLVED 123122) 500 ACT DRIVE IOWA CITY IA 52243 237097173 TESTING SERVICES IA 501(C)(3) PF ACT INC 1 ACT EDUCATION ASSESSMENT SERVICES INC 500 ACT DRIVE IOWA CITY IA 52243 831610170 TESTING SERVICES IA 501(C)(3) LINE 12A, I ACT INC 1 ENCOURA LLC (FKA NRCCUA LLC) (DIRECT) 1108 LAVACA ST STE 110-390 AUSTIN TX 78701 262320841 TESTING SERVICES DE ACT INC RELATED 3136947 171342577 0 0 1.00000 ENCOURA LLC (FKA NRCCUA LLC) (INDIRECT) 1108 LAVACA ST STE 110-390 AUSTIN TX 78701 262320841 TESTING SERVICES DE STERLING NRCCUA HOLDINGS INC RELATED 2983098 0 0 0.22590 MY COLLEGE OPTIONS INC 1212 NE WINDSOR DR LEES SUMMIT MO 64086 811392058 TESTING SERVICES DE ENCOURA LLC C 92547 1.00000 1 ACT ASSESSMENT TECHNOLOGIES INC (FKA ACT BRIDGE INC) 500 ACT DRIVE IOWA CITY IA 52243 461405341 TESTING SERVICES DE ACT INC C 1293922 121173356 1.00000 1 STERLING NRCCUA HOLDINGS INC 500 ACT DRIVE IOWA CITY IA 52243 811258127 TESTING SERVICES DE ACT ASSESSMENT TECHNOLOGIES INC C 2983098 1.00000 1 ACT INTERNATIONAL BV NARITAWEG 165 1043 BW AMSTERDAM NL HOLDING COMPANY NL ACT INC C 4342083 12577605 1.00000 1 ACT BUSINESS SOLUTIONS BV NARITAWEG 165 1043 BW AMSTERDAM NL TESTING SERVICES NL ACT INTERNATIONAL BV C 110126 1.00000 1 ACT INFORMATION CONSULTING (SHANGHAI) CO LTD RMS 326-329 3F BRIDGE NO 660-6 SHANGHAI CH TESTING SERVICES CH ACT EDUCATION SOLUTIONS LTD (HONG KONG) C 6204621 2528984 1.00000 1 ACT EDUCATION SOLUTIONS LTD (HONG KONG) ROOM 2503 BANK OF AMERICA TOWER 1 HONG KONG HK TESTING SERVICES HK ACT INTERNATIONAL BV C 2690977 8712634 1.00000 1 ACT EDUCATION SOLUTIONS (AUSTRALIA) PTY LTD UNIT 53 29 CARABELLA STREET NSW AS TESTING SERVICES AS ACT EDUCATION SOLUTIONS LTD (HONG KONG) C 33835 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 ACT ASSESSMENT TECHNOLOGIES INC S 7901054 CASH ACT INTERNATIONAL BV S 4200000 CASH ACT INFORMATION CONSULTING (SHANGHAI) CO LTD L 3403292 WRITTEN CONTRACT ENCOURA LLC (FKA NRCCUA LLC) B 996858 WRITTEN CONTRACT ENCOURA LLC (FKA NRCCUA LLC) M 336210 WRITTEN CONTRACT ACT EDUCATION SOLUTIONS LTD (HONG KONG) L 328788 WRITTEN CONTRACT ACT EDUCATION ASSESSMENT SERVICES LLC B 301083 CASH ACT EDUCATION SOLUTIONS LTD (HONG KONG) R 57809 CASH