POSTSECONDARY COMMISSION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
POSTSECONDARY COMMISSION INC (EIN 87-1031412)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-13
IRS object ID
202511339349307541
Schema version
2024v5.1
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

FieldValueIRS element (for citing)
Return2025-05-13T20:23:11-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110700 NORTHUP WAY SUITE 200AddressLine1Txt
CityBELLEVUECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN871031412EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1POSTSECONDARY COMMISSIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPOSTBusinessNameControlTxt
Phone3392448914PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line175 ARLINGTON STREET 500AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL RAVAPersonNm
Person TitleVICE PRESIDENT & TREASURERPersonTitleTxt
Phone3392448914PhoneNum
Signature2025-05-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLEN GILBERT CPAPreparerPersonNm
PTINP01380103PTIN
Phone4252506100PhoneNum
Preparation2025-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTIG LESCHLYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1115 BUCKMINSTER RDAddressLine1Txt
CityBROOKLINECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02445ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,065,500GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.POSTSECONDARYCOMMISSION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,075,150PYContributionsGrantsAmt
CY Contributions Grants$3,065,500CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$140PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,075,290PYTotalRevenueAmt
CY Total Revenue$3,065,500CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,194,753PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,827,914CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$268,059CYTotalFundraisingExpenseAmt
PY Other Expenses$810,571PYOtherExpensesAmt
CY Other Expenses$553,054CYOtherExpensesAmt
PY Total Expenses$2,005,324PYTotalExpensesAmt
CY Total Expenses$2,380,968CYTotalExpensesAmt
PY Revenues Less Expenses$2,069,966PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$684,532CYRevenuesLessExpensesAmt
Total Assets BOY$2,306,186TotalAssetsBOYAmt
Total Assets EOY$2,990,718TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,306,186NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,990,718NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE POSTSECONDARY COMMISSION IS AN ACCREDITOR OF INSTITUTIONS OF HIGHER EDUCATION THAT PROVIDE STRONG ECONOMIC OUTCOMES TO THEIR STUDENTS.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,677,154ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSEE SCHEDULE ODesc
Total Program Service Expenses$1,677,154TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHARITY CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3143900220PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11310 PAPIN ST 300AddressLine1Txt
CityST LOUISCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BETH AKERS
COMMISSIONER1.00Yes (X)$0$0$0
MARIA ANGUIANO
COMMISSIONER1.00Yes (X)$0$0$0
JIM BLEW
COMMISSIONER1.00Yes (X)$0$0$0
MARIA FLYNN
COMMISSIONER1.00Yes (X)$0$0$0
TIM KNOWLES
COMMISSIONER1.00Yes (X)$0$0$0
PAUL LEBLANC
COMMISSIONER1.00Yes (X)$0$0$0
TED MITCHELL
COMMISSIONER1.00Yes (X)$0$0$0
JAMES RUNCIE
COMMISSIONER1.00Yes (X)$0$0$0
CASEY SACKS
COMMISSIONER1.00Yes (X)$0$0$0
MARNI BAKER STEIN
COMMISSIONER1.00Yes (X)$0$0$0
STIG LESCHLY
PRESIDENT40.00$300,000$0$3,000Yes (X)
CAROL RAVA
VICE PRESIDENT, OPERATIONS & EXTERNAL AFFAIRS40.00$260,778$0$29,148Yes (X)
LISA DAGGS
VICE PRESIDENT, STRATEGY & ADVANCEMENT40.00$261,029$0$19,366Yes (X)
JENNIFER DIRMEYER
VICE PRESIDENT, ACCREDITATION40.00$253,596$0$18,555Yes (X)
CHELSEA PENNUCCI
VICE PRESIDENT40.00$244,302$0$18,697Yes (X)
KATHLEEN MCCABE
MANAGER OF OPERATION40.00$110,226$0$14,170Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,429,931TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$102,936TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATHEMATICABusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 825996AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19182ZIPCd
FieldValueIRS element (for citing)
ServicesQUANTITATIVE ANALYSIS OF DATAServicesDesc
Compensation$238,798CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,065,500AllOtherContributionsAmt
Total Contributions$3,065,500TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,065,500TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$592,927TotalAmt
Program Services$471,727ProgramServicesAmt
Management And General$60,600ManagementAndGeneralAmt
Fundraising$60,600FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,046,032TotalAmt
Program Services$677,406ProgramServicesAmt
Management And General$193,692ManagementAndGeneralAmt
Fundraising$174,934FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$39,076TotalAmt
Program Services$24,218ProgramServicesAmt
Management And General$7,737ManagementAndGeneralAmt
Fundraising$7,121FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$54,387TotalAmt
Program Services$32,247ProgramServicesAmt
Management And General$11,495ManagementAndGeneralAmt
Fundraising$10,645FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$95,492TotalAmt
Program Services$66,453ProgramServicesAmt
Management And General$15,077ManagementAndGeneralAmt
Fundraising$13,962FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$34,338TotalAmt
Program Services$34,338ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$44,373TotalAmt
Management And General$44,373ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$355,400TotalAmt
Program Services$352,264ProgramServicesAmt
Management And General$3,136ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,806TotalAmt
Management And General$3,806ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,769TotalAmt
Program Services$742ProgramServicesAmt
Management And General$9,027ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,376TotalAmt
Management And General$12,376ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$76,916TotalAmt
Program Services$17,734ProgramServicesAmt
Management And General$58,385ManagementAndGeneralAmt
Fundraising$797FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS EXPENSESDesc
Total$16,076TotalAmt
Program Services$25ProgramServicesAmt
Management And General$16,051ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,380,968TotalAmt
Program Services$1,677,154ProgramServicesAmt
Management And General$435,755ManagementAndGeneralAmt
Fundraising$268,059FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,306,186BOYAmt
EOY$2,990,718EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,306,186BOYAmt
EOY$2,990,718EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,306,186BOYAmt
EOY$2,990,718EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,306,186BOYAmt
EOY$2,990,718EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,306,186BOYAmt
EOY$2,990,718EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$684,532ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,075,150CurrentTaxYearMinus1YearAmt
Current Tax Year$3,065,500CurrentTaxYearAmt
Total$8,140,650TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,075,150CurrentTaxYearMinus1YearAmt
Current Tax Year$3,065,500CurrentTaxYearAmt
Total$8,140,650TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,010,288SubstantialContributorsTotAmt
Public Support Total170$3,130,362PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$140CurrentTaxYearMinus1YearAmt
Total$140TotalAmt
FieldValueIRS element (for citing)
Total Support$8,140,790TotalSupportAmt
Gross Receipts Rltd Activities$10,000GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationIRS REFUND - 2023 AMOUNT: $ 140.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,065,500TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,065,500RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,065,500TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,380,968TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,380,968ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,380,968TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STIG LESCHLY
PRESIDENT$300,000$0$0$0$0$0$3,000$0$0$0$303,000$0$0$0
CAROL RAVA
VICE PRESIDENT, OPERATIONS & EXTERNA$260,778$0$0$0$0$0$10,730$0$18,418$0$289,926$0$0$0
LISA DAGGS
VICE PRESIDENT, STRATEGY & ADVANCEME$261,029$0$0$0$0$0$10,448$0$8,918$0$280,395$0$0$0
JENNIFER DIRMEYER
VICE PRESIDENT, ACCREDITATION$253,596$0$0$0$0$0$10,144$0$8,411$0$272,151$0$0$0
CHELSEA PENNUCCI
VICE PRESIDENT$244,302$0$0$0$0$0$9,779$0$8,918$0$262,999$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationCOMPENSATION FOR THE PRESIDENT IS DETERMINED BY BENCHMARKING WITHIN THE SECTOR - BOTH HIGHER EDUCATION AND NONPROFIT - AND IS BASED ON THE EMPLOYEE'S KNOWLEDGE, SKILLS AND EXPERIENCE. REVIEW OF RELATED ORGANIZATIONS' COMPENSATION AS CAPTURED IN THEIR 990S IS ALSO USED FOR COMPARISON PURPOSES. COMPENSATION FOR THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD. COMPENSATION FOR OTHER OFFICERS IS SET BY A COMBINATION OF REVIEW OF SIMILAR ROLES IN SIMILAR MARKETS (USING INDEED, GLASSDOOR, LINKEDIN), AS WELL AS LOOKING AT EMPLOYEES' PRIOR ROLES AND CURRENT MARKET VALUE FOR THEIR TALENT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1THE POSTSECONDARY COMMISSION IS AN ACCREDITOR OF INSTITUTIONS OF HIGHER EDUCATION THAT PROVIDE STRONG ECONOMIC OUTCOMES TO THEIR STUDENTS. PSC IS SEEKING FEDERAL RECOGNITION FROM THE US DEPARTMENT OF EDUCATION TO BE A TITLE IV GATEKEEPING, INSTITUTIONAL ACCREDITOR.
FORM 990, PART III, LINE 2IN 2024, THE POSTSECONDARY COMMISSION UNDERTOOK PROGRAMMATIC WORK IN THREE AREAS: ACCREDITATION-FIELD WORK, ACCREDITATION-MODEL AND PETITION DEVELOPMENT, AND RESEARCH AND EVALUATION. IN THE PRIOR YEAR, PSC'S FIELD WORK WITH INSTITUTIONS SEEKING ACCREDITATION AS WELL AS THE WORK ON DEVELOPING ITS ACCREDITATION MODEL WERE COMBINED INTO ONE PROGRAM AREA CALLED ACCREDITATION. IN 2024, WE SEPARATED THOSE BODIES OF WORK INTO TWO - ACCREDITATION-FIELD WORK AND ACCREDITATION-MODEL AND PETITION DEVELOPMENT. RESEARCH AND EVALUATION, IN 2024, INCLUDED NEW WORK FOR PSC - PARTNERING WITH STATES TO EVALUATE THE ECONOMIC RETURNS OF PROGRAMS AND DEGREES ACROSS THEIR INSTITUTIONS. SPECIFIC ACCOMPLISHMENTS FOR EACH OF THESE PROGRAMS FOLLOW.
FORM 990, PART III, LINE 4AACCREDITATION-FIELD WORK - THIS BODY OF WORK ENCOMPASSES DIRECT PARTNERSHIPS WITH INSTITUTIONS AND THE APPLICATION OF PSC'S ACCREDITATION MODEL. IN 2024, PSC ONBOARDED TWO INSTITUTIONAL PARTNERS TO COMPLETE PSC'S ACCREDITATION PROCESS. AS PART OF THAT WORK, PSC HOSTED THREE INSTITUTIONAL WORKSHOPS AND AN ESTIMATED 50+ CONSULTATION MEETINGS BETWEEN PSC STAFF AND INSTITUTIONAL REPRESENTATIVES. STAFF CREATED OR MODIFIED AN ESTIMATED 100+ INSTITUTION-SPECIFIC DOCUMENTS TO FACILITATE THE INSTITUTIONS THROUGH THE APPLICATION PROCESS AND TO PREPARE FOR OR IMPLEMENT THE SELF-STUDY PROCESS (A KEY COMPONENT OF ACCREDITATION). ACCREDITATION-MODEL AND PETITION DEVELOPMENT - BUILDING ON ITS WORK IN 2023 TO DEVELOP AND RELEASE ITS INITIAL ACCREDITATION STANDARDS, POLICIES, AND PROCEDURES, PSC CONTINUED TO CREATE NEW MATERIALS THAT EXPAND ITS ACCREDITATION MODEL. THE ORGANIZATION RELEASED FOR PUBLIC COMMENT AND CONSIDERED FEEDBACK ON ITS ACCREDITATION STANDARDS ONCE IN 2024. TO SUPPORT ITS ACCREDITATION FIELD WORK, STAFF CREATED 30+ NEW MATERIALS (E.G., TEMPLATES, WORKSHEETS), WHICH ARE NOW IN USE WITH INSTITUTIONS. PSC ALSO REVIEWED ITS POLICIES AND PROCEDURES AND MADE UPDATES TO ~60% OF THESE MATERIALS TO REFINE ITS APPROACH. PSC'S BOARD REVIEWED AND APPROVED THE CHANGES TO STANDARDS, POLICIES AND PROCEDURES. FINALLY, PSC BEGAN TO ASSEMBLE ITS PETITION FOR RECOGNITION FOR THE U.S. DEPARTMENT OF EDUCATION. RESEARCH AND EVALUATION - IN 2024, PSC LAUNCHED A NEW BODY OF WORK CALLED RESEARCH AND EVALUATION. IN PARTNERSHIP WITH STATE AGENCIES, PSC STUDIES THE ECONOMIC RETURNS GENERATED BY INSTITUTIONS AND THEIR PROGRAMS. IN CLOSE PARTNERSHIP WITH RESEARCHERS AND ECONOMISTS AT MATHEMATICA, PSC LAUNCHED ITS FIRST PILOT STUDY IN TEXAS TO STUDY OUTCOMES OF THE STATE'S PUBLIC INSTITUTIONS. AS PART OF THIS STUDY, PSC IS EVALUATING THOUSANDS OF COHORTS OF STUDENTS WITHIN VARIOUS INSTITUTIONAL, PROGRAMMATIC, AND DEMOGRAPHIC GROUPS DATING BACK TO 2008. PSC INTENDS TO RELEASE THE FINDINGS FROM THIS STUDY IN LATE 2024 AND EXPLORE OPPORTUNITIES TO CONDUCT STUDIES IN OTHER STATES IN 2025.
FORM 990, PART VI, SECTION A, LINE 1ATHE BOARD MAY ESTABLISH AND ELECT FROM AMONG THE DIRECTORS SUCH COMMITTEES AS THEY MAY FROM TIME TO TIME DETERMINE NECESSARY OR ADVISABLE, AND MAY DELEGATE TO ANY SUCH COMMITTEE SUCH POWERS AND DUTIES THERETO AS THE BOARD MAY DEEM ADVISABLE, EXCEPT THE FOLLOWING POWERS AND DUTIES AND ANY OTHERS THAT MAY NOT BE DELEGATED UNDER APPLICABLE LAW: (A) CHANGING THE NUMBER OF DIRECTORS; (B) ELECTING OR REMOVING DIRECTORS, OFFICERS OR THE CHAIR OR VICE CHAIR OR FILLING VACANCIES IN ANY OF THOSE POSITIONS; (C) AMENDING THE CORPORATION'S ARTICLES OF ORGANIZATION OR THESE BYLAWS; (D) CHANGING THE CORPORATION'S PRINCIPAL OFFICE; (E) AUTHORIZING A SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; (F) AUTHORIZING A MERGER OR CONSOLIDATION OF THE CORPORATION; (G) INITIATING A BANKRUPTCY PROCEEDING; OR (H) AUTHORIZING DISSOLUTION OF THE CORPORATION. THE BOARD MAY ALSO APPOINT PERSONS OTHER THAN DIRECTORS AS NON-VOTING MEMBERS OF SUCH COMMITTEES. THE BOARD MAY ESTABLISH ADVISORY COMMITTEES THAT DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE CORPORATION; PERSONS OTHER THAN DIRECTORS MAY BE APPOINTED AS VOTING MEMBERS OF SUCH ADVISORY COMMITTEES. EACH COMMITTEE SHALL KEEP A RECORD OF ITS ACTIONS AND PROCEEDINGS, AND REPORT ITS ACTIONS, IF ANY, TO THE BOARD AT THE NEXT MEETING OF THE BOARD AFTER SUCH ACTIONS ARE TAKEN. AT ANY MEETING OF A COMMITTEE A QUORUM FOR THE TRANSACTION OF ALL BUSINESS PROPERLY BEFORE THE MEETING SHALL CONSIST OF A MAJORITY OF THE ELECTED, VOTING MEMBERS OF SUCH COMMITTEE. EXCEPT AS THE BOARD MAY OTHERWISE DETERMINE, ANY COMMITTEE MAY MAKE RULES FOR THE CONDUCT OF ITS BUSINESS, BUT UNLESS OTHERWISE PROVIDED BY THE BOARD OR BY SUCH RULES, ITS BUSINESS SHALL BE CONDUCTED SO FAR AS POSSIBLE IN THE SAME MANNER AS IS PROVIDED BY THESE BYLAWS FOR THE CONDUCT OF BUSINESS BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BAFTER PSC STAFF AND THE PSC PRESIDENT HAVE REVIEWED AND APPROVED THE FULL 990, PSC PROVIDES A COPY OF THE UNFILED 990 TO ITS FULL BOARD. THE CHAIR OF THE BOARD THEN REVIEWS AND APPROVES THE FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL DIRECTORS, OFFICERS, EMPLOYEES, AND CONSULTANTS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSURE ON AN ANNUAL BASIS. IF THE COMMISSION DETERMINES THAT A CONFLICT OF INTEREST EXISTS, APPROPRIATE ACTION WILL BE TAKEN TO ADDRESS AND MANAGE THE CONFLICT OF INTEREST. IF THE COMMISSION DETERMINES THE INDIVIDUAL FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTION, AS OUTLINED IN THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE PRESIDENT IS DETERMINED BY BENCHMARKING WITHIN THE SECTOR - BOTH HIGHER EDUCATION AND NONPROFIT - AND IS BASED ON THE EMPLOYEE'S KNOWLEDGE, SKILLS AND EXPERIENCE. REVIEW OF RELATED ORGANIZATIONS' COMPENSATION AS CAPTURED IN THEIR 990S IS ALSO USED FOR COMPARISON PURPOSES. COMPENSATION IS REVIEWED PERIODICALLY BUT NO MORE FREQUENTLY THAN ANNUALLY. COMPENSATION FOR OTHER OFFICERS IS SET BY A COMBINATION OF REVIEW OF SIMILAR ROLES IN SIMILAR MARKETS (USING INDEED, GLASSDOOR, LINKEDIN), AS WELL AS LOOKING AT EMPLOYEES' PRIOR ROLES AND CURRENT MARKET VALUE FOR THEIR TALENT. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 13PSC'S WHISTLEBLOWER POLICY ENCOURAGES EMPLOYEES TO COME FORWARD WITH COMPLAINTS, REPORTS OR INQUIRIES ABOUT ILLEGAL PRACTICES OR IMPROPER CONDUCT BY PSC ITSELF, BY ITS LEADERSHIP, OR BY OTHERS ON ITS BEHALF. THE POLICY PERMITS CONFIDENTIAL AND ANONYMOUS REPORTING AND OUTLINES WHERE AND HOW TO REPORT. THE POLICY ALSO PROTECTS AN INDIVIDUAL FROM RETALIATION FOR REPORTING. ALL EMPLOYEES ARE TRAINED ON THIS POLICY AND ARE PROVIDED ACCESS TO IT IN THE EMPLOYEE HANDBOOK.
FORM 990, PART VI, SECTION B, LINE 14PSC'S DOCUMENT RETENTION AND DESTRUCTION POLICY PROVIDES GUIDELINES FOR THE RETENTION AND DESTRUCTION OF DOCUMENTS RECEIVED OR CREATED BY PSC. THE POLICY IS DESIGNED TO PROMOTE COMPLIANCE WITH FEDERAL AND STATE LAWS AND REGULATIONS. ALL DOCUMENTS THAT FALL UNDER THIS POLICY ARE SECURELY STORED IN PSC'S CLOUD-BASED FILING SYSTEM.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 352,264. MANAGEMENT AND GENERAL EXPENSES 3,136. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 355,400.
FORM 990, PART XII, LINE 2C:THERE WAS NO CHANGE FROM THE PRIOR YEAR.

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