2021-04-22T18:08:56-05:00 2020-09-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2019-10-01 530196573 AMERICAN COUNCIL ON EDUCATION AMER 2029399330 ONE DUPONT CIRCLE NW NO 800 WASHINGTON DC 200361193 MOSES P YOMI AVP, FINANCE & BUDGET 2029399330 2021-04-13 1 MICHAELA J CROMAR CPA P00895728 5712279500 2021-04-13 2019 2022-09-23 18:48:47Z THEODORE R MITCHELL ONE DUPONT CIRCLE NW NO 800 WASHINGTON DC 200361193 52189758 0 X WWW.ACENET.EDU X 1918 DC CONSENSUS LEADER ON HIGHER EDUCATION ISSUES & COORDINATING BODY FOR UNITED STATES HIGHER ED. 39 39 174 51 2276 0 14798188 3770470 6639884 20616287 13659442 2051440 7644745 7482025 42742259 33920222 221036 279929 0 0 22111816 21785488 0 0 1097806 13775764 13303437 36108616 35368854 6633643 -1448632 86524943 82629480 21204320 21174304 65320623 61455176 X THE AMERICAN COUNCIL ON EDUCATION (ACE) IS A MEMBERSHIP ORGANIZATION THAT MOBALIZES THE HIGHER EDUCATION COMMUNITY TO SHAPE EFFECTIVE PUBLIC POLICY AND FOSTER INNOVATIVE, HIGH-QUALITY PRACTICE. ACE IS THE MAJOR COORDINATING BODY FOR HIGHER EDUCATION IN THE UNITED STATES. FOUNDED IN 1918, ACE SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES. ACE AIMS TO FOSTER GREATER COLLABORATION AND NEW PARTNERSHIPS WITHIN AND OUTSIDE THE HIGHER EDUCATION COMMUNITY TO HELP COLLEGES AND UNIVERSITIES ANTICIPATE AND ADDRESS THE CHALLENGES OF THE 21ST CENTURY AND CONTRIBUTE TO A STRONGER NATION AND A BETTER WORLD. ACE VALUES INCLUSIVENESS AND DIVERSITY, RECOGNIZES HIGHER EDUCATION'S RESPONSIBILITY TO SOCIETY, AND EMBRACES THE BELIEF THAT WIDESPREAD ACCESS TO EXCELLENT POSTSECONDARY EDUCATIONAL OPPORTUNITIES IS THE CORNERSTONE OF A DEMOCRATIC SOCIETY. 0 0 7950897 279929 943552 PROFESSIONAL DEVELOPMENT: THE AMERICAN COUNCIL ON EDUCAITON (ACE) HAS A LONG HISTORY OF PROVIDING LEARNING AND ENGAGEMENT OPPORTUNITIES FOR CAMPUS LEADERS, INCLUSIVE OF PROGRAMS, SERVICES, AND RESEARCH. THE ACE RESEARCH UNIT CONDUCTS RIGOROUS ORIGINAL RESEARCH AND PRODUCES MAJOR REPORTS, TOPICAL RESEARCH BRIEFS, RESEARCH-INFORMED PRACTICE GUIDES, BLOGS, AND OTHER PRODUCTS THAT PROVIDE COLLEGE AND UNIVERSITY LEADERS, POLICYMAKERS, AND OTHER STAKEHOLDERS WITH KEY INSIGHTS TO INFORM POLICY AND PRACTICE. KEY AREAS OF FOCUS INCLUDE (1) EQUITY-MINDED LEADERSHIP, (2) STUDENT SUCCESS AND COMPLETION, (3) GLOBALLY ENGAGED AND EFFECTIVE INSTITUTIONS, AND (4) INSTITUTIONAL TRANSFORMATION. ACE'S PROFESSIONAL LEARNING UNIT OFFERS A SUITE OF PROGRAMS AND SERVICES THAT ENRICH THE CAPACITY OF INSTITUTIONS AND INDIVIDUAL LEADERS TO INNOVATE, ADAPT AND PROMOTE HIGH QUALITY PRACTICE WITHIN HIGHER EDUCATION. THE UNIT SERVES INDIVIDUAL LEADERS AND INSTITUTIONS BY LEVERAGING A SUITE OF BLENDED SOLUTIONS INCLUDING ACE'S TRANSFORMATION LABS, ACE FELLOWS, THE ACE WOMEN'S NETWORK, ACE SUMMITS AND ACE ENGAGE. ACE ENGAGE IS ACE'S DIGITAL BUSINESS SOLUTION TO PROMOTE VIRTUAL PEER TO PEER LEARNING THAT ENHANCES FACE-TO-FACE PROGRAMS THROUGH CONTINUOUS VIRTUAL ENGAGEMENT AND OFFERS INDIVIDUAL LEADERS ACCESS TO A RESOURCE LIBRARY, WEBINARS AND ONLINE WORKSHOPS WITH EXPERTS, AND COMMUNITIES OF PRACTICE. TO DATE ACE ENGAGE HAS OVER 12,000 USERS FROM OVER 2,700 ORGANIZATIONS. ACE'S TRANSFORMATION LABS GUIDE HIGHER EDUCATION INSTITUTIONS THROUGH A STRUCTURED, CAMPUS-WIDE PLANNING PROCESS TO ADDRESS PRESSING STRATEGIC GOALS. CURRENT TRANSFORMATION LABS FOCUS ON LEARNER SUCCESS, CAMPUS INTERNATIONALIZATION, AND VIRTUAL EXCHANGE. LABS ARE FUNDED THROUGH GRANTS AND/OR PARTICIPANT FEES; CAMPUS ENGAGEMENT WITH ACE LASTS FROM THREE MONTHS TO TWO YEARS. TO DATE, MORE THAN 200 INSTITUTIONS HAVE PARTICIPATED IN THE LABS. ACE SUMMITS CONVENE HIGHER EDUCATION LEADERS TO ADVANCE STRATEGY, CAMPUS PRACTICE, AND POLICY ON KEY ISSUES. SUMMITS TAKE PLACE VIRTUALLY OR IN PERSON, IN COLLABORATION WITH HOST CAMPUSES. IN 2020, ACE HOSTED A VIRTUAL SUMMIT, RACE AND CRISIS AT A CROSSROADS, IN COLLABORATION WITH AMERICAN UNIVERSITY. ACE FELLOWS OFFERS AN IN-DEPTH YEAR-LONG IMMERSION IN HIGHER EDUCATION LEADERSHIP. A COHORT OF 35-50 LEADERS ARE SELECTED EACH YEAR TO PARTICIPATE IN THE PROGRAM WHICH INCLUDES A SERIES OF RETREATS FOCUSED ON ESSENTIAL KNOWLEDGE AND SKILLS, EXTENDED MENTORING BY EXECUTIVES FROM A HOST CAMPUS, COMPLETION OF SPECIAL PROJECTS AND ASSIGNMENTS TO TRANSFORM AND ENHANCE BOTH THEIR HOME AND HOST CAMPUSES, AND OPPORTUNITIES TO CONNECT WITH AND LEARN FROM A WIDE ARRAY OF CAMPUS LEADERS. PARTICIPATION IN THE FELLOWS PROGRAM IS SUPPORTED BY PROGRAM FEES, GRANTS AND SCHOLARSHIPS. THE ACE WOMEN'S NETWORK IS A SYSTEM OF STATE-BASED NETWORKS WITH THE GOAL OF SUPPORTING AND ADVANCING WOMEN LEADERS IN HIGHER EDUCATION. ANNUALLY THE STATE NETWORKS REACH APPROXIMATELY 10,000 WOMEN AND SUPPORTS THE OVERARCHING VISION OF DIVERSIFYING THE HIGHER EDUCATION LEADERSHIP PIPELINE. THROUGH PROGRAMS AND INITIATIVES AND WITH THE SUPPORT OF ACE STAFF, THE STATE NETWORKS ENGAGE IN A SHARED MISSION OF IDENTIFYING, DEVELOPING, ENCOURAGING, ADVANCING, LEADING AND SUPPORTING WOMEN IN HIGHER EDUCATION CAREERS. 6842297 6618157 ADULT LEARNING AND EDUCATIONAL CREDENTIALS:ACE'S LEARNING EVALUATIONS (FORMERLY CREDIT) HELPS COLLEGES AND UNIVERSITIES GRANT CREDIT FOR WORKPLACE LEARNING AND TRAINING TO IMPROVE ACCESS TO AND SUCCESS IN POSTSECONDARY EDUCATION. ACE VALIDATES A WIDE VARIETY OF EDUCATION AND TRAINING PROGRAMS FROM COURSES TO EXAMINATIONS, INCLUDING LANGUAGES, CERTIFICATIONS, AND APPRENTICESHIP PROGRAMS. THROUGH A CONTINUED CONTRACT WITH DEPARTMENT OF DEFENSE, ACE REVIEWS MILITARY TRAINING AND EXPERIENCES TO BRIDGE THE GAP BETWEEN PROFESSIONAL MILITARY EDUCATION AND POSTSECONDARY EDUCATION WHILE ENHANCING GOVERNMENT AND POSTSECONDARY DATA SYSTEMS AND VIRTUAL TECHNOLOGY. ASSOCIATED SUPPORT SERVICES CONNECT INSTITUTIONS OF HIGHER EDUCATION AND EMPLOYERS TO IMPROVE ECONOMIC MOBILITY FOR INDEPENDENT LEARNERS TO OBTAIN ACADEMIC CREDIT FOR FORMAL COURSES, TRAINING, AND EXPERIENCES TAKEN OUTSIDE TRADITIONAL COLLEGES AND UNIVERSITIES. THIS WORK ENSURES THE VALIDITY AND RELIABILITY OF NON-TRADITIONAL LEARNING AND PROVIDES OPPORTUNITIES FOR UNDERSERVED STUDENT POPULATIONS IN COLLEGE AND THE WORKFORCE. 5510183 396 GOVERNMENT RELATIONS AND PUBLIC AFFAIRS: COORDINATES AND PUBLICIZES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. ACE PREPARES TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENTS ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, AND FILES AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION. A KEY BENEFIT OF ACE MEMBERSHIP IS ACCESS TO HIGHER EDUCATION RESEARCH AND PUBLICATIONS. ACE PUBLISHES PAPERS, MONOGRAPHS AND RESEARCH REPORTS ON THE TOPICS OF STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS. ANOTHER MEANS OF DISSEMINATION OF THIS INFORMATION IS THE ACE ANNUAL MEETING WHICH IS AN IDEAL SETTING FOR NETWORKING WITH COLLEAGUES AND ADDRESSING FUTURE CHALLENGES OF HIGHER EDUCATION. 5119828 13228306 OTHER PROGRAMSACE'S CENTER FOR POLICY RESEARCH AND STRATEGY PROVIDES THOUGHT LEADERSHIP AT THE INTERSECTION OF PUBLIC POLICY AND INSTITUTIONAL STRATEGY. THE CENTER PROVIDES SENIOR COLLEGE LEADERS AND PUBLIC POLICYMAKERS WITH AN EVIDENCE BASE TO RESPONSIBLY PROMOTE EMERGENT PRACTICES IN HIGHER EDUCATION WITH AN EMPHASIS ON LONG-TERM AND SYSTEMIC SOLUTIONS FOR AN EVOLVING HIGHER EDUCATION LANDSCAPE AND CHANGING AMERICAN DEMOGRAPHIC. ACE'S ANNUAL MEETING BRINGS TOGETHER HIGHER EDUCATION LEADERS FROM ALL SECTORS. THE ANNUAL MEETING IS AN EVENT TO NETWORK WITH COLLEAGUES, HEAR ABOUT EMERGING TRENDS FROM NATIONAL THOUGHT LEADERS AND LEARN ABOUT NEW APPROACHES TO CAMPUS CHALLENGES. 5119828 13228306 25423205 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 286 0 174 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 39 39 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 DC FL NY X MOSES P YOMI 2029399330 ONE DUPONT CIRCLE NW SUITE 800 WASHINGTON DC 200361193 THEODORE MITCHELL PRESIDENT, EX OFFICIO 35.00 X 723800 0 93992 TERRY HARTLE SVP, DGPA 35.00 X 424800 0 34764 KARA FREEMAN SVP, COO 35.00 X 323091 0 43992 PHILIP ROGERS SVP 35.00 X 314711 0 50844 PETER MCDONOUGH VP, GENERAL COUNSEL 35.00 X 326007 0 34754 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 35.00 X 297442 0 50834 CATHY JONES VP, CFO UNTIL 06/20 35.00 X 276079 0 50844 SONYA WILLIAMS VP, CHIEF HR OFFICER UNTIL 03/20 35.00 X 282555 0 43980 ANDREA BURNETT AVP, ITS - UNTIL 02/20 35.00 X 221826 0 37119 DANIEL MADZELAN AVP, GOVERNMENT RELATIONS 35.00 X 229020 0 27599 PAUL J LEBLANC CHAIR 1.00 X X 0 0 0 RONALD A CRUTCHER VICE CHAIR/CHAIR-ELECT 1.00 X X 0 0 0 MARK P BECKER IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MICHAEL RAO SECRETARY 1.00 X X 0 0 0 JONATHAN R ALGER DIRECTOR 1.00 X 0 0 0 ROSLYN CLARK ARTIS DIRECTOR 1.00 X 0 0 0 WADED CRUZADO DIRECTOR 1.00 X 0 0 0 ANDREW D HAMILTON DIRECTOR 1.00 X 0 0 0 DIANNE F HARRISON DIRECTOR 1.00 X 0 0 0 TIMOTHY L KILLEEN DIRECTOR 1.00 X 0 0 0 JAMES B MILLIKEN DIRECTOR 1.00 X 0 0 0 BILL PINK DIRECTOR 1.00 X 0 0 0 BARBARA R SNYDER DIRECTOR 1.00 X 0 0 0 A CLAYTON SPENCER DIRECTOR 1.00 X 0 0 0 CARRIE BESNETTE HAUSER DIRECTOR 1.00 X 0 0 0 LINDA A LIVINGSTONE DIRECTOR 1.00 X 0 0 0 ELOY ORTIZ OAKLEY DIRECTOR 1.00 X 0 0 0 SCOTT PULSIPHER DIRECTOR 1.00 X 0 0 0 TOM STRITIKUS DIRECTOR 1.00 X 0 0 0 KAREN SCHUSTER WEBB DIRECTOR 1.00 X 0 0 0 LAWRENCE S BACOW DIRECTOR 1.00 X 0 0 0 CHRISTOPHER B HOWARD DIRECTOR 1.00 X 0 0 0 MARK MITSUI DIRECTOR 1.00 X 0 0 0 JUAN SANCHEZ MUNOZ DIRECTOR 1.00 X 0 0 0 BRIAN NOLAND DIRECTOR 1.00 X 0 0 0 RICHARD J PAPPAS DIRECTOR 1.00 X 0 0 0 FELIX V MATOS RODRIGUEZ DIRECTOR 1.00 X 0 0 0 DANIEL J PHELAN DIRECTOR 1.00 X 0 0 0 F JAVIER CEVALLOS DIRECTOR 1.00 X 0 0 0 HOWARD GILLMAN DIRECTOR 1.00 X 0 0 0 PETER M DONOHUE DIRECTOR 1.00 X 0 0 0 MARK C REED DIRECTOR 1.00 X 0 0 0 JAMES P CLEMENTS DIRECTOR 1.00 X 0 0 0 NAYEF H SAMHAT DIRECTOR 1.00 X 0 0 0 MICHAEL J SORRELL DIRECTOR 1.00 X 0 0 0 ROGER N CASEY DIRECTOR 1.00 X 0 0 0 SHIRLEY V HOOGSTRA DIRECTOR 1.00 X 0 0 0 KEVIN KRUGER DIRECTOR 1.00 X 0 0 0 KATHLEEN CURRY SANTORA DIRECTOR 1.00 X 0 0 0 GAIL O MELLOW DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 REBECCA CHOPP DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 MARIA HARPER-MARINICK DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 CHRIS KIMBALL DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 RAYNARD S KINGTON DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 ELAINE MAIMON DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 JAVIAR MIYARES DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 GP BUD PETERSON DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 CAROL QUILLEN DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 EDWARD J RAY DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 JACKSON N SASSER DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 DEBORAH F STANLEY DIRECTOR - UNTIL 03/20 1.00 X 0 0 0 3419331 0 468722 58 0 1 0 CONNECTADREM LLC 620 HERNDON PARKWAY SUITE 200 HERNDON VA 20170 CONSULTING 282000 ADDISON GROUP 7076 SOLUTIONS CENTER CHICAGO IL 60677 CONSULTING 216709 COMPENDIUM SOFTWARE SYSTEMS LLC 522 HUNT CLUB BLVD 319 APOPKA FL 32703 CONSULTING 176123 ARENT FOX KINTNER PLOTKIN & KAHN LLP PO BOX 644672 PITTSBURGH PA 15264 CONSULTING 136567 ENTANGLED SOLUTIONS LLC 55 2ND STREET 25TH FLOOR SAN FRANSISCO CA 94105 CONSULTING 135000 7 237897 3532573 20000 3770470 MEMBERSHIP DUES 900099 7885533 7885533 GOVERNMENT CONTRACTS 900099 4996663 4996663 RENT INCOME 900099 4119027 4119027 REVIEW AND REGISTRATION FEES 900099 2422356 2422356 INVESTMENT IN JOINT VENTURE 900099 1148084 1148084 44624 36500 8124 20616287 1644895 1644895 7207189 7207189 18455713 127995 18028803 148360 426910 -20365 406545 406545 276897 92373 184524 182248 2276 GARAGE PARKING 900099 88985 88985 1327 1327 90312 33920222 20790411 2276 9357065 X 254929 254929 25000 25000 2361097 1925056 436041 13586934 9748371 3215177 623386 1273118 926804 290683 55631 3493886 2558963 794604 140319 1070453 783354 244760 42339 328615 138888 182560 7167 66300 66300 304031 230062 69126 4843 98461 98461 5124622 4356377 717942 50303 69654 37523 31632 499 221459 151685 66210 3564 1320454 672402 610631 37421 531940 403731 107422 20787 414766 404058 6332 4376 290275 280195 7707 2373 49649 10 49638 1 2912983 1764613 1075611 72759 189531 37191 150421 1919 REPAIRS AND MAINTENANCE 705530 337904 350188 17438 TAXES 377764 181483 186915 9366 DUES & PUBLICATIONS 132240 113564 16758 1918 STAFF TRAINING 66956 36070 30407 479 98207 54972 42317 918 35368854 25423205 8847843 1097806 1650143 4571214 2317696 1637234 2813029 3213804 51763 29944 498799 889671 42004683 32531229 11054975 9473454 55760813 53524738 216713 193145 10884932 7458393 1276080 1637883 86524943 82629480 3428932 3530967 11222607 8944089 1368647 3373255 5184134 5325993 21204320 21174304 X 63073061 59674511 2247562 1780665 65320623 61455176 86524943 82629480 X -1448632 2053681 -4574623 104127 X 0 1 X 1 1 1 X 17870559 12762331 13988130 14798188 3770470 63189678 16577832 10075455 10464342 7044955 20865287 65027871 34448391 22837786 24452472 21843143 24635757 128217549 2500 12200 8101 22801 0 2500 12200 8101 22801 128194748 2065588 8597671 9237923 9058188 8852084 37811454 2065588 8597671 9237923 9058188 8852084 37811454 170366 71984 228312 175379 90312 736353 36684345 31507441 33918707 31076710 33578153 166765356 0.76870 0.82340 0.22670 0.17290 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: THE PRESIDENCY PUBLICATION - ADVERTISING - 2015 AMOUNT: $ 15,702. 2016 AMOUNT: $ 54,365. 2018 AMOUNT: $ 5,125. GARAGE PARKING - 2017 AMOUNT: $ 195,369. 2018 AMOUNT: $ 161,747. 2019 AMOUNT: $ 88,985. OTHER REVENUE - 2015 AMOUNT: $ 154,664. 2016 AMOUNT: $ 17,619. 2017 AMOUNT: $ 32,943. 2018 AMOUNT: $ 8,507. 2019 AMOUNT: $ 1,327. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 735559 735559 24760018 25495577 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 160881 435054 281049 735559 1612543 250000 250000 250000 250000 1000000 1500000 2678042 2678042 17006590 15070342 1936248 15899420 11717947 4181473 6420631 5742940 677691 9473454 INVESTMENT IN JOINT VENTURE 4458393 C INVESTMENT IN ACUE 3000000 C 7458393 RETIREE MEDICARE BENEFIT OBLIGATION 3081594 DEFERRED COMPENSATION 1870247 OTHER LIABILITIES 565 CAPITAL LEASE LIABILITY 48587 ASSET RETIREMENT OBLIGATION 325000 5325993 X 36092307 2053681 104127 2157808 33934499 98461 -112738 -14277 33920222 35383131 112738 112738 35270393 98461 98461 35368854 PART X, LINE 2: ACE HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN FURTHER CLASSIFIED AS A PUBLIC CHARITY. ACE DERIVES UNRELATED BUSINESS INCOME FROM PUBLICATION ADVERTISING, DUPLICATION AND OTHER OFFICE SERVICES TO UNRELATED THIRD PARTIES, AND ALTERNATIVE INVESTMENTS. HOWEVER, NO TAXES WERE PAYABLE ON SUCH AMOUNTS FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019, AS ALLOWABLE DEDUCTIBLE EXPENSES EXCEEDED UNRELATED INCOME. ACE HAS ANALYZED ITS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2020 AND 2019, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 104,127. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -92,373. LOSS ON DISPOSAL OF FIXED ASSETS -20,365. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 92,373. LOSS ON DISPOSAL OF FIXED ASSETS 20,365. 1 EAST ASIA AND THE PACIFIC 0 1 GRANT TO RECIPIENTS LOCATED IN THE REGION. 25000 0 1 0 0 0 1 25000 0 25000 EAST ASIA AND THE PACIFIC FACULTY TRAINERS AND COIL CONSULTANTS. 25000 ACH WIRE 1 0 0 0 0 0 0 PART I, LINE 2: THE AMERICAN COUNCIL ON EDUCATION (ACE) RECEIVES GRANT FUNDS FROM THE UNITED STATES EMBASSY IN TOKYO, JAPAN. PER FEDERAL GOVERNMENT ADMINISTRATIVE REQUIREMENTS, ACE ENSURES THAT THE FUNDS RECEIVED FROM FEDERAL AGENCIES ARE BEING USED FOR THEIR INTENDED PURPOSES AND THAT THERE ARE NO SINGLE AUDIT FINDINGS THAT MAY ADVERSELY IMPACT THE USE OF FEDERAL FUNDS. PART III ACCOUNTING METHOD: 1 RESEARCH TRIANGLE INSTITUTE PO BOX 900002 RALEIGH NC 27675 560686338 501(C)(3) 131237 RACE AND ETHNICITY IN HIGHER EDUCATION REPORT UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS UGB203 LOS ANGELES CA 90089 951642394 501(C)(3) 109592 EQUITY MINDED LEADERSHIP REPORT ASSOCIATION OF INTERNATIONAL EDUCATION ADMINISTRATORS 811 NINTH STREET SUITE 215 DURHAM NC 27705 431427422 501(C)(6) 7500 SUPPORT FOR CONFERENCE 2 1 PART I, LINE 2: ACE IS REQUIRED TO PERFORM SUBRECIPIENT MONITORING OF THE FUNDS IT RECEIVES FROM FEDERAL SOURCES IN ORDER TO ENSURE THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE AND THAT THERE ARE NO UNIFORM GUIDANCE 2 CFR 200 AUDIT FINDINGS THAT MAY ADVERSELY AFFECT THE USE OF THE SUBRECIPIENT'S FEDERAL FUNDS. SUBRECIPIENT MONITORING EFFORTS ARE A JOINT EFFORT OF PROGRAM STAFF AND THE FINANCE AND BUDGET STAFF. ALL OTHER GRANT FUNDS PROVIDED TO ENTITIES ARE SIMILARLY MONITORED THROUGH THE USE OF SUBAWARD AGREEMENTS OR CONTRACTS AND PERIODIC REPORTING PROVIDED BY THE GRANTEES TO ACE. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 THEODORE MITCHELL PRESIDENT, EX OFFICIO 633484 0 0 0 90316 0 83600 0 10392 0 817792 0 0 0 TERRY HARTLE SVP, DGPA 421672 0 0 0 3128 0 33600 0 1164 0 459564 0 0 0 KARA FREEMAN SVP, COO 322539 0 0 0 552 0 33600 0 10392 0 367083 0 0 0 PHILIP ROGERS SVP 314495 0 0 0 216 0 33600 0 17244 0 365555 0 0 0 PETER MCDONOUGH VP, GENERAL COUNSEL 324423 0 0 0 1584 0 33600 0 1154 0 360761 0 0 0 LOUIS SOARES CHIEF LEARNING & INNOVATION OFFICER 296890 0 0 0 552 0 33600 0 17234 0 348276 0 0 0 CATHY JONES VP, CFO UNTIL 06/20 274495 0 0 0 1584 0 33600 0 17244 0 326923 0 0 0 SONYA WILLIAMS VP, CHIEF HR OFFICER UNTIL 03/20 281523 0 0 0 1032 0 33600 0 10380 0 326535 0 0 0 ANDREA BURNETT AVP, ITS - UNTIL 02/20 221274 0 0 0 552 0 26739 0 10380 0 258945 0 0 0 DANIEL MADZELAN AVP, GOVERNMENT RELATIONS 225972 0 0 0 3048 0 27117 0 482 0 256619 0 0 0 PART I, LINE 1A THEODORE MITCHELL RECEIVED A HOUSING ALLOWANCE FOR RESIDENCE FOR PERSONAL USE IN THE AMOUNT OF $82,334. THIS AMOUNT IS INCLUDED IN TAXABLE COMPENSATION AS OTHER REPORTABLE COMPENSATION. PART I, LINE 4B THEODORE MITCHELL PARTICIPATED IN A 457(F) PLAN AND ON HIS BEHALF, ACE CONTRIBUTED $50,000 TO THE PLAN. AMERICAN MUTUAL HEALTH INSURANCE COMPANY KARA FREEMAN IS A BOARD MEMBER OF AMHIC AND AN OFFICER AT ACE 1862770 INSURANCE PREMIUMS 0 FORM 990, PART VI, SECTION A, LINE 1 ACE'S EXECUTIVE COMMITTEE IS MADE UP OF THE BOARD CHAIR, VICECHAIR, SECRETARY, IMMEDIATE PAST CHAIR, ACE PRESIDENT, AND AT LEAST TWO ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT ON BEHALF OF THE FULL BOARD AS NECESSARY. THE PRESIDENT IS AN EX OFFICIO NONVOTING MEMBER OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL HAS FOUR CLASSES OF MEMBERS: NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATION MEMBERS, AND PROBATIONARY MEMBERS. NATIONAL ASSOCIATION MEMBERS ARE NONPROFIT ORGANIZATIONS PRIMARILY CONCERNED WITH HIGHER EDUCATION. INSTITUTIONAL MEMBERS CONSIST OF COLLEGES AND UNIVERSITIES, LEGALLY AUTHORIZED TO GRANT DEGREES, ACCREDITED BY AN AGENCY RECOGNIZED BY THE COUNCIL FOR HIGHER EDUCATION ACCREDITATION OR BY AN AGENCY RECOGNIZED BY THE DEPARTMENT OF EDUCATION, OR A MULTI-CAMPUS INSTITUTION OR STATE SYSTEM. ORGANIZATION MEMBERS ARE NONPROFIT ORGANIZATIONS PRIMARILY CONCERNED WITH HIGHER EDUCATION AND WHOSE MEMBERSHIP IS RESTRICTED BY LOCAL, STATE, OR REGIONAL BOUNDARIES OR OTHER CONSIDERATIONS; OR NONPROFIT ORGANIZATIONS PRINCIPALLY ENGAGED IN ELEMENTARY OR SECONDARY EDUCATION AND WHICH ARE LOCAL, STATE, REGIONAL, OR NATIONAL IN SCOPE. PROBATIONARY MEMBERS CONSIST OF COLLEGES, UNIVERSITIES, AND OTHER POSTSECONDARY INSTITUTIONS THAT OFFER DEGREES AND ARE CANDIDATES FOR ACCREDITATION BY AN AGENCY RECOGNIZED BY THE COUNCIL FOR HIGHER EDUCATION ACCREDITATION OR BY THE DEPARTMENT OF EDUCATION, ASSOCIATE MEMBERS ARE NONVOTING MEMBERS OF WHOSE INCLUSION IN THE COUNCIL MAY ADVANCE THE INTERESTS OF HIGHER EDUCATION, ACE OR ITS MEMBERSHIP, AND ARE IN THE FOLLOWING CATEGORIES: BRANCH OR REGIONAL SUBSCRIBERS, SUCH AS CAMPUSES THAT ARE NOT SEPARATELY ACCREDITED, BUT UNDER THE AUSPICES OF A MEMBER-ELIGIBLE INSTITUTION OR SYSTEM. INTERNATIONAL MEMBERS, SUCH AS HIGHER EDUCATION ASSOCIATIONS OR INSTITUTIONS OUTSIDE THE UNITED STATES AND ITS TERRITORIES THAT ARE RECOGNIZED BY THE APPROPRIATE AUTHORITY IN THE COUNTRY. LEARNED SOCIETY MEMBERS, SUCH AS ACADEMIC AND SCHOLARLY SOCIETIES THAT EXIST TO PROMOTE AN ACADEMIC DISCIPLINE OR PROFESSION, OR A GROUP OF RELATED DISCIPLINES OR PROFESSIONS. AFFILIATE MEMBERS, SUCH AS CORPORATIONS, FOUNDATIONS, AND OTHER ORGANIZATIONS THAT ARE CONCERNED WITH HIGHER EDUCATION. INDIVIDUAL MEMBERS, SUCH AS INDIVIDUALS CONCERNED WITH HIGHER EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE BOARD OF DIRECTORS IS ELECTED BY NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATION MEMBERS AND PROBATIONARY MEMBERS. VOTING IS LIMITED TO MEMBERS THAT ARE NON-PROFIT, TAX-EXEMPT ENTITIES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT VERSION OF IRS FORMS 990 AND 990-T ARE INITIALLY CIRCULATED AMONG ACE'S ENTIRE BOARD PRIOR TO FILING. THE PURPOSE OF MAKING THE FORMS AVAILABLE TO THE ENTIRE BOARD MEMBERSHIP IS TO SOLICIT QUESTIONS AND/OR SUGGESTIONS FOR IMPROVEMENTS TO THE DRAFT. ACE'S CHIEF FINANCIAL OFFICER (CFO) COMPILES ALL COMMENTS RECEIVED FROM THE BOARD AND RESOLVES THOSE MATTERS PRIOR TO FILING OF FORMS 990 AND 990T. ACE'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH COMPLIANCE OVERSIGHT, INCLUDING THE ACCURATE AND TIMELY FILING OF FORMS 990 AND 990-T. THE AUDIT COMMITTEE ALSO PERIODICALLY RECEIVES UPDATES CONCERNING CHANGES TO THE FORMS PROMULGATED BY THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ACE HAS A CONFLICTS OF INTEREST POLICY. THE COUNCIL'S GENERAL COUNSEL IS RESPONSIBLE FOR MANAGING AN ANNUAL PROCESS BY WHICH EACH COVERED PERSON, AND EVERY OTHER ACE EMPLOYEE, IS ASKED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND CERTIFY THAT THE PERSON HAS READ, COMPLIED WITH AND AGREES TO COMPLY WITH THAT POLICY. FORM 990, PART VI, SECTION B, LINE 15A FOR THIS TAX YEAR, THE PRESIDENT'S COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTOR'S COMPENSATION COMMITTEE, AND IT DETERMINED TO INCREASE THE PRESIDENT'S PAY AT A RATE EQUIVALENT TO THE BOARD-APPROVED RATE APPLIED FOR ALL ACE EMPLOYEES. SIMILARLY, SALARY FOR OTHER OFFICERS AND EMPLOYEES WHO ARE "DISQUALIFIED PERSONS" WITHIN THE MEANING OF SECTION 4958 WAS INCREASED AT THE RATE APPROVED BY THE BOARD FOR ALL ACE EMPLOYEES. WHILE THIS DETERMINATION WAS MADE AND APPLIED COUNCIL-WIDE FOR THIS TAX YEAR, I.E. FOR ALL EMPLOYEES, IT IS NOTED THAT "DISQUALIFIED PERSONS," IN ADDITION TO THE PRESIDENT, OCCUPY THE FOLLOWING POSITIONS: SVPS, VP-CHIEF FINANCIAL OFFICER AND VP-CHIEF OF STAFF. PURSUANT TO ITS BYLAWS, THE COUNCIL'S BOARD OF DIRECTORS HAS DELEGATED AUTHORITY TO ITS COMPENSATION COMMITTEE, WHICH IS COMPOSED OF MEMBERS OF ITS EXECUTIVE COMMITTEE, TO PROVIDE INDEPENDENT OVERSIGHT AND, AS APPROPRIATE, APPROVAL OF SALARY AND OTHER COMPENSATION ARRANGEMENTS FOR ACE'S PRESIDENT AND THESE DISQUALIFIED PERSONS. AS SUCH, THE COMPENSATION COMMITTEE IS ATTENTIVE TO THE POLICIES RELATED TO THE COUNCIL'S COMPENSATION STRUCTURE FOR DISQUALIFIED PERSONS, AND TO ENSURING THAT SUCH COMPENSATION IS REASONABLY INFORMED BY COMPENSATION OFFERED FOR SIMILAR SERVICES BY COMPARABLE ASSOCIATIONS OR ORGANIZATIONS, TAKING INTO ACCOUNT THEIR COMPARABLE CIRCUMSTANCES. REGARDING THE PRESIDENT POSITION SPECIFICALLY, THE COMPENSATION COMMITTEE HAS A PRACTICE OF RECEIVING COMPARABLE COMPENSATION DATA, INFORMED BY INDEPENDENT COMPENSATION CONSULTANTS, FOR A PEER GROUP OF ORGANIZATIONS WHICH INCLUDES THE PRIMARY RECRUITING SOURCES FOR THE ACE PRESIDENT POSITION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC TO THE EXTENT THE FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT ON THE PUBLICLY AVAILABLE ACE WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 83,159. MANAGEMENT AND GENERAL EXPENSES 24,986. FUNDRAISING EXPENSES 1,751. TOTAL EXPENSES 109,896. BUSINESS SERVICE FEES: PROGRAM SERVICE EXPENSES 12,209. MANAGEMENT AND GENERAL EXPENSES 3,669. FUNDRAISING EXPENSES 257. TOTAL EXPENSES 16,135. CONTRACTED PERSONNEL: PROGRAM SERVICE EXPENSES 128,314. MANAGEMENT AND GENERAL EXPENSES 38,554. FUNDRAISING EXPENSES 2,701. TOTAL EXPENSES 169,569. HONORARIUM: PROGRAM SERVICE EXPENSES 55,605. MANAGEMENT AND GENERAL EXPENSES 16,707. FUNDRAISING EXPENSES 1,171. TOTAL EXPENSES 73,483. CONSULTANTS: PROGRAM SERVICE EXPENSES 2,065,310. MANAGEMENT AND GENERAL EXPENSES 620,555. FUNDRAISING EXPENSES 43,479. TOTAL EXPENSES 2,729,344. RECRUITMENT EXP: PROGRAM SERVICE EXPENSES 25,913. MANAGEMENT AND GENERAL EXPENSES 7,786. FUNDRAISING EXPENSES 546. TOTAL EXPENSES 34,245. SPEAKER FEES: PROGRAM SERVICE EXPENSES 15,134. MANAGEMENT AND GENERAL EXPENSES 4,547. FUNDRAISING EXPENSES 318. TOTAL EXPENSES 19,999. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 3,786. MANAGEMENT AND GENERAL EXPENSES 1,138. FUNDRAISING EXPENSES 80. TOTAL EXPENSES 5,004. SUB-AWARDS/SUB-CONTRACTS: PROGRAM SERVICE EXPENSES 1,966,947. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,966,947. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGE OTHER THAN NET PERIODIC BENEFIT COST 104,127. GED TESTING SERVICE LLC 5601 GREEN VAL DRIVE BLOOMINGTON MN 55437 275436001 TESTING PROGRAM DE RELATED 0 1148084 4458393 0 0 0.30000