2022-07-27T13:46:58-05:00 2021-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2020-07-01 461192687 NATIONAL COLLEGE ADVISING CORPS INC NATI 9194426300 301 W BARBEE CHAPEL RD NO 210 CHAPEL HILL NC 275177513 ROBERTA SORENSEN FINANCIAL CONTROLLER 9194426300 2022-07-26 1 ROBERTA SORENSEN 999009999 JANICE A RATICA P00358837 7043338881 2022-07-15 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROBERTA SORENSEN 301 W BARBEE CHAPEL RD NO 210 CHAPEL HILL NC 275177513 21685877 0 X WWW.ADVISINGCORPS.ORG X 2013 NC COLLEGE ADVISING CORPS WORKS TO INCREASE COLLEGE ACCESS FOR UNDER-REPRESENTED HIGH SCHOOL STUDENTS. 9 9 120 9 0 0 22588193 21642254 620041 43381 57221 242 0 0 23265455 21685877 16676977 15955980 0 0 6557966 5703135 0 0 416133 3430020 3442377 26664963 25101492 -3399508 -3415615 21991590 20327206 17210087 19021692 4781503 1305514 X COLLEGE ADVISING CORPS IS ONE OF THE LARGEST COLLEGE ACCESS ORGANIZATIONS IN THE COUNTRY. WE ENSURE LOW-INCOME, FIRST-GENERATION COLLEGE, AND UNDERREPRESENTED HIGH SCHOOL STUDENTS RECEIVE THE GUIDANCE AND TOOLS THEY NEED TO IDENTIFY AND PURSUE POSTSECONDARY EDUCATION OPPORTUNITIES. WE BELIEVE EVERY STUDENT DESERVES THE OPPORTUNITY TO PURSUE A POSTSECONDARY EDUCATION, THE SUREST PATH, WE BELIEVE, TO ECONOMIC MOBILITY. 0 0 19866151 15955980 43381 COLLEGE ADVISING CORPS PARTNERS WITH MORE THAN 30 UNIVERSITIES NATIONWIDE. TOGETHER, WE COLLABORATE TO PLACE RECENT COLLEGE GRADUATES SERVING AS NEAR-PEER ADVISERS IN UNDERSERVED HIGH SCHOOLS ACROSS THE U.S. WHERE THEY HELP STUDENTS FIND AND PURSUE THEIR BEST HIGHER EDUCATION PATH. IN FY 2021, ALMOST 70% OF AMERICA'S STUDENTS ADVISED BY A COLLEGE ADVISING CORPS ADVISER IDENTIFIED AS PEOPLE OF COLOR, AS DID 66% OF COLLEGE ADVISING CORPS ADVISERS. FIFTY-SIX PERCENT OF CAC ADVISERS WERE FIRST-GENERATION COLLEGE GRADUATES. STUDENTS IDENTIFY WITH THEIR ADVISERS, WHICH FOSTERS A SUPPORTIVE AND POWERFUL CONNECTION BETWEEN THE TWO. ADVISERS BRIDGE DISPARITIES FOR DISADVANTAGED HIGH SCHOOL STUDENTS, PROVIDING COUNSELING AND ADVICE THAT ALLOWS STUDENTS TO REALIZE AND ACHIEVE THEIR COLLEGE POTENTIAL. WHILE COLLEGE ADVISING CORPS' PRIMARY MISSION IS TO INCREASE POST-SECONDARY OPPORTUNITIES FOR STUDENTS, A POWERFUL SECONDARY OUTCOME RELATES TO THE PROFESSIONAL DEVELOPMENT, LEADERSHIP SKILLS, AND PERSONAL GROWTH ADVISERS GAIN AS A RESULT OF THEIR SERVICE. THROUGH COLLEGE ADVISING CORPS' TRAINING AND SERVICE, ADVISERS ACQUIRE VALUABLE WORK AND LIFE EXPERIENCE. COLLEGE ADVISING CORPS ALUMNI GO ON TO BECOME POWERFUL LEADERS FOR CHANGE. SINCE 2005, COLLEGE ADVISING CORPS HAS SERVED MORE THAN 1.5 MILLION SENIORS, NEARLY 70,000 OF WHOM HAVE ENROLLED IN EITHER A TWO-YEAR COMMUNITY COLLEGE OR A FOUR-YEAR UNIVERSITY AS OF ACADEMIC YEAR 2021. IN FY 2021, 783 NEAR-PEER ADVISERS SERVED ABOUT 220,000 STUDENTS IN 746 HIGH SCHOOLS ACROSS 17 STATES. ACCORDING TO TYPICAL RESULTS FROM OUR ANNUAL SENIOR SURVEY, STUDENTS WHO REPORT MEETING WITH A COLLEGE ADVISING CORPS ADVISER ARE ALSO MORE LIKELY TO COMPLETE CRUCIAL COLLEGE GOING STEPS COMPARED TO STUDENTS WHO DID NOT MEET WITH THEIR ADVISER. FOR EXAMPLE, CLASS OF 2021 SENIORS FROM OUR RHODE ISLAND PROGRAM WERE 33% MORE LIKELY TO SUBMIT THE FAFSA AND 21% MORE LIKELY TO APPLY TO COLLEGE IF THEY REPORTED MEETING WITH THEIR ADVISER. WITH THE EMERGENCE OF VIRTUAL ENVIRONMENTS DUE TO THE COVID-19 PANDEMIC, COLLEGE ADVISING CORPS' WORK HAS NEVER BEEN MORE CRITICAL THAN IT WAS IN FY 21. 19866151 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 120 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X ROBERTA SORENSEN 9194426300 301 W BARBEE CHAPEL RD STE 210 CHAPEL HILL NC 27517 STEVEN DENNING MEMBER 0.50 X 0 0 0 DAVEED DIGGS MEMBER 0.50 X 0 0 0 JOAQUIN CASTRO MEMBER 0.50 X 0 0 0 LISA JACKSON MEMBER 0.50 X 0 0 0 HOLDEN THORP MEMBER 0.50 X 0 0 0 MC BELK PILON MEMBER 0.50 X 0 0 0 JOHN SEXTON MEMBER 0.50 X 0 0 0 ANDRE DUA MEMBER 0.50 X 0 0 0 ERSKINE BOWLES EMERITUS MEMBERS 0.50 X 0 0 0 PETER GRAUER CHAIR 2.00 X X 0 0 0 NICOLE HURD CEO 40.00 X X 414720 0 41412 DONALD MILLER CFO 40.00 X 175000 0 8538 GREGORY NICHOLSON CHIEF PROGRAMS OFFICER 40.00 X 172438 0 8914 EKATERINA STRUETT CHIEF OF STAFF 40.00 X 138565 0 16295 EMILY BLATTER BOYER SR. DIRECTOR KNOWLEDGE MANAGEMENT 40.00 X 133291 0 5956 KAREN BUTLER SR. DIRECTOR PF COMMUNICATIONS, MARKETING AND BRAN 40.00 X 127506 0 27851 AMY PORTER SR. DIRECTOR OF ADVANCEMENT 40.00 X 125944 0 16019 1287464 0 124985 7 0 1 0 MORGAN CREEK CAPITAL MANAGEMENT LLC 301 W BARBEE CHAPEL RD STE 200 CHAPEL HILL NC 27517 RENT 138600 1 4331680 17310574 21642254 CONTRACT INCOME 611710 33116 33116 PROGRAM REVENUE 611710 10265 10265 43381 242 242 21685877 43381 0 242 15703913 15703913 252067 252067 609360 343792 232232 33336 3859526 2177489 1470895 211142 142813 80573 54427 7813 732128 413056 279020 40052 359308 202716 136935 19657 6440 6440 2489047 506233 1886357 96457 5327 1020 4307 35508 20939 12729 1840 243622 50341 193205 76 137818 137818 115203 23112 91946 145 68516 68516 147183 147183 20591 20591 COMMUNICATIONS 95697 68599 25475 1623 STAFF DEVELOPMENT 62678 21221 41457 0 MEMBERSHIPS AND SUBSCRI 14747 1080 9675 3992 25101492 19866151 4819208 416133 1716957 3567754 22560 2024097 19483550 14209548 34323 46584 23373 86764 801549 411472 536190 390077 174637 2382 21991590 20327206 764880 760161 15115407 17200488 1192542 1061043 137258 17210087 19021692 X -17998306 -18395334 22779809 19700848 4781503 1305514 21991590 20327206 -3415615 -60374 0 X X 0 1 X 0 1 1 X 21937556 9294627 26023166 22556105 21642254 101453708 21937556 9294627 26023166 22556105 21642254 101453708 30549980 70903728 2205 725 187 57221 242 60580 9074 5104 31820 45998 101560286 1519439 0.69810 0.56770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 25101492 25101492 1000000 250000 0 0 1000000 1000000 1000000 3000000 4500000 9000 9440 18440 250000 250000 250000 750000 1125000 172849 97728 75121 628700 313744 314956 390077 22202363 14054 502432 516486 21685877 0 21685877 25678352 74428 502432 576860 25101492 0 25101492 PART XI, LINE 2D - OTHER ADJUSTMENTS: ERC CREDIT INCLUDED IN EXPENSES 502,432. PART XII, LINE 2D - OTHER ADJUSTMENTS: ERC CREDIT INCLUDED IN EXPENSES 502,432. 0 APPALACHIAN STATE UNIVERSITY JOHN E THOMAS HALL 287 RIVERS ST BOONE NC 28608 561176030 115(1) 46342 PROGRAM OPERATIONS AT BURNS HIGH SCHOOL FRANKLIN & MARSHALL COLLEGE 637 COLLEGE AVE LANCASTER PA 17603 231352635 501(C)(3) 457226 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS INDIANA UNIVERSITY 107 S INDIANA AVE BLOOMINGTON IN 47405 356001673 115(1) 66320 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS NORTH CAROLINA STATE UNIVERSITY ( NC STATE) 101 CURRENT DR CAMPUS BOX 7105 RALEIGN NC 27695 566000756 115(1) 647149 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS TEXAS A & M UNIVERSITY ( T A &M) ADMINISTRATION BUILDING 400 BIZZELL ST COLLEGE STATION TX 77843 741238434 115(1) 453153 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS TRINITY UNIVERSITY STORCH MEMORIAL BUILDING 202 ONE TRINITY PLACE SAN ANTONIO TX 78212 741109633 501(C)(3) 159134 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS UNIVERSITY OF MICHIGAN 500 S STATE ST ANN ARBOR MI 48109 386006309 115(1) 234725 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL JACKSON HALL CB2200 CHAPEL HILL NC 27599 566001393 115(1) 129229 PROGRAM OPERATIONS AT GATES COUNTY SENIOR HS, GREEN CENTRAL HS, HARNETT CENTRAL HS UNIVERSITY OF NORTH CAROLINA AT WILMINGTON 601 COLLEGE RD WILMINGTON NC 28403 561258660 115(1) 1595 NEW PROGRAM STARTUP COSTS UNIVERSITY OF TEXAS- AUSTIN 505 EAST HUNTLAND DRIVE SUITE 270 AUSTIN TX 78752 746000203 115(1) 139377 PROGRAM OPERATIONS IN REGIONAL HIGH SCHOOLS 10 0 EDUCATION AWARDS 21 94417 TECHNOLOGY GRANTS 389 157650 X X 0 0 0 0 0 0 0 0 0 NICOLE HURD CEO 414720 0 0 0 0 0 24883 0 16529 0 456132 0 0 0 DONALD MILLER CFO 175000 0 0 0 0 0 7350 0 1188 0 183538 0 0 0 GREGORY NICHOLSON CHIEF PROGRAMS OFFICER 172438 0 0 0 0 0 8714 0 200 0 181352 0 0 0 KAREN BUTLER SR. DIRECTOR PF COMMUNICATIONS, MARK 127506 0 0 0 0 0 24052 0 3799 0 155357 0 0 0 EKATERINA STRUETT CHIEF OF STAFF 138565 0 0 0 0 0 3828 0 12467 0 154860 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AFTER THE 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE FINANCE CONTROLLER, COO AND CEO. THE CEO SUSEQUENTLY SENDS IT TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS RECEIVES THE CONFLICT-OF-INTEREST POLICY AS WELL AS CORPORATE COMPLIANCE POLICIES AND PROCEDURES. COMPLIANCE IS MONITORED ANNUALLY BY THE BOARD AND CEO WHO ARE KEENLY AWARE OF THE IMPORTANCE OF THESE POLICIES. IN THE EVENT OF A POTENTIAL CONFLICT, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A USING AN ANNUAL PERFORMANCE EVALUATION AS WELL AS JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS AND INFORMATION OBTAINED FROM IRS 990 FILINGS OF SIMILAR ORGANIZATIONS, THE CEO'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD AND IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION FOR KEY EMPLOYEE POSITIONS IS DETERMINED THROUGH USE OF A BAND SYSTEM WHICH IS UPDATED REGULARLY WITH DATA COMPILED BY AN OUTSIDE COMPANY AND REVIEWED BY THE EXECUTIVE LEADERSHIP TEAM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORMS 990 ARE AVAILABLE UPON REQUEST AT OUR OFFICE FORM 990, PART XII, LINE 2C CEO, COO AND FINANCIAL CONTROLLER OVERSEE THE AUDIT PROCESS. THE FINANCIAL STATEMENTS AND AUDITOR SELECTION ARE PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS.