2022-02-15T07:07:50-06:00 2021-06-30 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2020-07-01 521829463 ACCREDITING COUNCIL FOR INDEPENDENT COLLEGES AND SCHOOLS ACCR 2023366780 1350 EYE STREET NW NO 560 WASHINGTON DC 20005 MICHELLE EDWARDS PRESIDENT & CEO 2023366780 2022-02-07 1 MICHELLE EDWARDS 999009999 JULIA L LAFFERTY P02288149 3019860600 2022-02-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHELLE EDWARDS 1350 EYE STREET NW NO 560 WASHINGTON DC 20005 4903219 0 X WWW.ACICS.ORG X 1912 VA TO ADVANCE EDUCATIONAL EXCELLENCE AT INDEPENDENT, NONPUBLIC CAREER SCHOOLS, COLLEGES, AND ORGANIZATIONS IN THE UNITED STATES AND ABROAD. THIS IS ACHIEVED THROUGH A DELIBERATE AND THOROUGH ACCREDITATION PROCESS OF QUALITY ASSURANCE AND ENHANCEMENT AS WELL AS ETHICAL BUSINESS AND EDUCATIONAL PRACTICE. 8 8 11 276 0 0 0 222300 1332093 911173 1058881 582363 30158 11967 2421132 1727803 0 0 0 0 1492761 1390542 0 0 0 2076866 1580619 3569627 2971161 -1148495 -1243358 9294143 8593876 569701 463066 8724442 8130810 X TO ADVANCE EDUCATIONAL EXCELLENCE AT INDEPENDENT, NONPUBLIC CAREER SCHOOLS, COLLEGES, AND ORGANIZATIONS IN THE UNITED STATES AND ABROAD. THIS IS ACHIEVED THROUGH A DELIBERATE AND THOROUGH ACCREDITATION PROCESS OF QUALITY ASSURANCE AND ENHANCEMENT AS WELL AS ETHICAL BUSINESS AND EDUCATIONAL PRACTICE. 0 0 1046897 877993 THE COUNCIL ESTABLISHES AND ADVANCES THE QUALITY OF EDUCATION OF INDEPENDENT, NON-PUBLIC CAREER SCHOOLS, INSTITUTIONS AND COLLEGES BY PERFORMING THE ACCREDITATION FUNCTION FOR ITS MEMBERS. 82221 33180 THE COUNCIL EDUCATES MEMBER SCHOOLS AND OTHER INTERESTED PARTIES BY HOLDING WORKSHOPS AND OTHER EDUCATIONAL EVENTS. 1129118 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE COUNCIL 2023366780 1350 EYE STREET NW NO 560 WASHINGTON DC 20005 RAFAEL CASTILLA CHAIR (UNTIL 8/2/21) 3.00 X X 0 0 0 SCOTT DEBOER COMMISSIONER (UNTIL 9/11/20) 3.00 X 0 0 0 BILLY FERRELL CHAIR-ELECT 3.00 X X 5000 0 0 SHANNON GROFF COMMISSIONER (FROM 10/27/20) 3.00 X 2500 0 0 ELIZABETH GUINAN COMMISSIONER 3.00 X 5250 0 0 VICTOR MOLERO COMMISSIONER (FROM 10/27/20) 3.00 X 0 0 0 PATSY ROBLES-GOODWIN COMMISSIONER/EXEC COMM 3.00 X 2250 0 0 DAVID TENEYUCA COMMISSIONER 3.00 X 6000 0 0 JUDEE TIMM TREASURER 3.00 X X 4250 0 0 PATTI YAKSHEE COMMISSIONER (FROM 10/27/20) 3.00 X 0 0 0 MICHELLE EDWARDS PRESIDENT & CEO 37.50 X 248819 0 37688 ROXANNE ROPKO DIRECTOR OF OPERATIONS 37.50 X 152189 0 28799 426258 0 66487 2 0 1 0 1350 I STREET ASSOCIATES LP LOCKBOX 786631 MAC Y1372-045401 MAR PHILADELPHIA PA 19106 LEGAL SERVICES 191995 DUANE MORRIS LLP 30 SOUTH 17TH STREET PHILADELPHIA PA 191034196 LEGAL SERVICES 123283 2 222300 222300 SUSTAINING FEES 900099 374493 374493 USER FEES 900099 265300 265300 ACCREDITATION VISIT REVENUE 900099 238200 238200 WORKSHOP REVENUE 900099 33180 33180 911173 231244 231244 3526535 3175416 351119 351119 351119 OTHER 900099 11967 11967 11967 1727803 923140 0 582363 300271 159170 141101 771440 408930 362510 78195 41451 36744 159521 84560 74961 81115 42991 38124 732118 732118 45769 45769 48144 48144 13705 13705 35791 5854 29937 111543 59118 52425 237593 125924 111669 42605 42605 36027 19094 16933 146261 77518 68743 102615 54386 48229 RECOGNITION PETITION 12600 12600 MISCELLANEOUS 10511 5570 4941 TRAINING 3674 1947 1727 DUES AND SUBSCRIPTION 1633 1633 30 30 2971161 1129118 1842043 0 279330 157940 14629 63231 61300 2985824 2581380 550706 404444 8349191 7933136 37056 37056 9294143 8593876 218858 351240 350843 111826 569701 463066 X 8724442 8130810 8724442 8130810 9294143 8593876 -1243358 649726 0 X X 0 1 X 1 0 X 7494919 3957617 3021886 1332093 1133473 16939988 7494919 3957617 3021886 1332093 1133473 16939988 0 0 0 16939988 271484 281272 261769 258789 231244 1304558 271484 281272 261769 258789 231244 1304558 14934 22894 2785 30158 11967 82738 7781337 4261783 3286440 1621040 1376684 18327284 0.92430 0.94790 0.07120 0.04810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2985824 2581380 404444 404444 DEFERRED RENT 111826 111826 X 2329385 649726 649726 1679659 48144 48144 1727803 2923017 0 2923017 48144 48144 2971161 PART X, LINE 2: ACICS FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS (FASB ASC), WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF ACICS AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). DURING THE YEAR, ACICS HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OF AN UNRECOGNIZED TAX BENEFIT OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. ACICS'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEAR. X X 0 0 0 0 0 0 0 0 0 MICHELLE EDWARDS PRESIDENT & CEO 248819 0 0 0 0 0 12583 0 25105 0 286507 0 0 0 ROXANNE ROPKO DIRECTOR OF OPERATIONS 152189 0 0 0 0 0 7391 0 21408 0 180988 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO, DIRECTOR OF OPERATIONS, AND THE TREASURER REVIEW THE PRELIMINARY FORM 990 AND INFORM THE BOARD THAT IT IS AVAILABLE FOR THEIR INDIVIDUAL REVIEW UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES. THE ORGANIZATION MONITORS AND ENFORCES THIS POLICY BY MAINTAINING OPEN COMMUNICATION BETWEEN DIRECTORS AND EMPLOYEES; FURTHERMORE, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE MADE AWARE OF NEW BUSINESS RELATIONSHIPS AS THEY ARE CONTRACTED. WHEN POTENTIAL CONFLICTS ARE DISCOVERED, TOP MANAGEMENT ASSESSES THE SITUATION. IF A CONFLICT EXISTS, THE PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. CONFLICT OF INTEREST FORMS ARE DISTRIBUTED AND VERIFIED BY SIGNATURES OR INITIALS BEFORE EVERY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY REVIEWS COMPENSATION FOR TOP MANAGEMENT OFFICIALS, UTILIZING COMPARABLE INDUSTRY AND ORGANIZATIONAL DATA. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD OF DIRECTORS' MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE VIA THE CODE OF ETHICS DOCUMENT. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.