2019-04-24T08:48:02-05:00 2018-06-30 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2017-07-01 521829463 ACCREDITING COUNCIL FOR INDEPENDENT COLLEGES AND SCHOOLS ACCR 2023366780 750 FIRST STREET NE NO 980 WASHINGTON DC 20002 MICHELLE EDWARDS PRESIDENT 2023366780 2019-03-21 1 DANIEL L WEAVER P01249346 3019860600 2019-03-21 108.31.200.98 2019-03-21 13:44:15 ED P 973FA602B08975095244B266AA3FBCB48458B1B5 9EB6C7ABDF90341FC865DF237D0CFEE310B22885 2017 2019-02-21 02:37:17Z MICHELLE EDWARDS 750 FIRST STREET NE NO 980 WASHINGTON DC 20002 8810256 0 X WWW.ACICS.ORG X 1912 VA THE PURPOSE OF THE COUNCIL IS TO ADVANCE EDUCATIONAL EXCELLENCE AT INDEPENDENT COLLEGES, UNIVERSITIES AND SCHOOLS OFFERING PROFESSIONAL, TECHNICAL AND OCCUPATIONAL PROGRAMS BY A DELIBERATE AND THOROUGH ACCREDITATION PROCESS. 7 7 24 0 0 4406 0 0 7494919 3957617 777901 648275 14934 22894 8287754 4628786 0 0 0 0 3628933 2087789 0 0 0 6281093 4106635 9910026 6194424 -1622272 -1565638 15335181 13641258 747681 512504 14587500 13128754 THE PURPOSE OF THE COUNCIL IS TO ADVANCE EDUCATIONAL EXCELLENCE AT INDEPENDENT COLLEGES, UNIVERSITIES AND SCHOOLS OFFERING PROFESSIONAL, TECHNICAL AND OCCUPATIONAL PROGRAMS BY A DELIBERATE AND THOROUGH ACCREDITATION PROCESS. 0 0 1861918 3945817 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. 1379884 11800 THE COUNCIL EDUCATES MEMBER SCHOOLS AND OTHER INTERESTED PARTIES BY HOLDING WORKSHOPS AND OTHER EDUCATIONAL EVENTS. 3241802 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 97 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE COUNCIL 2023366780 750 1ST STREET NE SUITE 980 WASHINGTON DC 20002 EDWARD THOMAS COMMISSIONER 3.00 X X 0 0 0 FARDAD FATERI COMMISSIONER 3.00 X 0 0 0 JUDEE A TIMM COMMISSIONER 3.00 X 5000 0 0 ELIZABETH M GUINAN COMMISSIONER 3.00 X 3350 0 0 JOHN EULIANO CHAIR 3.00 X X 0 0 0 JULIE BLAKE COMMISSIONER 3.00 X 0 0 0 TIBBY LOVEMAN COMMISSIONER 3.00 X 0 0 0 LAWRENCE LEAK SECRETARY/TREASURER 3.00 X X 8250 0 0 MIGUEL ANGEL RIVERA COMMISSIONER 3.00 X 0 0 0 RICHARD BENNET COMMISSIONER 3.00 X 0 0 0 ROGER L SWARTZWELDER VICE CHAIR 3.00 X 0 0 0 ADRIENE K HOBDY COMMISSIONER 3.00 X 5250 0 0 RAFAEL RAMIREZ COMMISSIONER 3.00 X 5250 0 0 MICHELLE EDWARDS PRESIDENT & CEO 37.50 X 114883 0 9664 ROGER WILLIAMS INTERIM CEO 37.50 X 261630 0 1429 STEVE GELFOUND VP OF OPERATIONS 37.50 X 311544 0 47331 PERLITER WALTERS-GILLIAM VP OF ACCREDITATION 37.50 X 208712 0 41757 ROXANNA K ROPKO SENIOR SYSTEMS ARCHITECT 37.50 X 168043 0 22141 TERRON A KING SENIOR MANAGER 37.50 X 129928 0 16140 1221840 0 138462 6 0 1 0 VENABLE 575 SEVENTH ST NW WASHINGTON DC 20004 LEGAL SERVICES 850335 STRATUSPEER PO BOX 25613 ALEXANDRIA VA 22313 IT SERVICE 352348 WHITEFORD TAYLOR & PRESTON LLP 7 SAINT PAUL STREET SUITE 1400 BALTIMORE MD 21202 LEGAL SERVICES 228939 DUANE MORRIS LLP 30 SOUTH 17TH STREET PHILADELPHIA PA 19103 LEGAL SERVICES 158019 4 SUSTAINING FEES 900099 2749517 2749517 ACCREDITATION VISIT REVENUE 900099 627200 627200 USER FEES 900099 569100 569100 WORKSHOP REVENUE 900099 11800 11800 3957617 281272 281272 4548473 4181470 367003 367003 367003 OTHER 900099 22894 22894 22894 4628786 3980511 0 648275 1010033 686822 323211 795762 541118 254644 46474 31602 14872 124666 84773 39893 110854 75381 35473 233762 233762 46587 46587 86421 86421 170802 116145 54657 145714 43740 101974 336112 228556 107556 589991 401194 188797 398409 398409 227412 154640 72772 495135 336692 158443 139835 95088 44747 BAD DEBT EXPENSE 601590 0 601590 RECOGNITION PETITION 564809 0 564809 STAFF DEVELOPMENT 49626 33746 15880 MISCELLANEOUS 14264 9703 4561 6166 4193 1973 6194424 3241802 2952622 0 400 400 1163423 694408 105330 17205 259090 257543 4388539 3050606 1649460 1337933 12146205 11322496 11273 11273 15335181 13641258 729651 481234 18030 31270 747681 512504 X 14587500 13128754 14587500 13128754 15335181 13641258 -1565638 106892 0 X X 0 1 X 1 0 X 12070187 13053663 11676218 7494919 3957617 48252604 12070187 13053663 11676218 7494919 3957617 48252604 0 0 0 48252604 269545 308172 320704 271484 281272 1451177 269545 308172 320704 271484 281272 1451177 52845 37701 47029 14934 22894 175403 12392577 13399536 12043951 7781337 4261783 49879184 0.96740 0.97040 0.02910 0.02460 X 0 555877 555877 0 3832662 2494729 1337933 1337933 X 4735678 106892 106892 4628786 0 4628786 0 0 0 0 0 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 1 0 0 0 0 0 0 0 0 ROGER WILLIAMS INTERIM CEO 261630 0 0 0 0 0 0 0 1429 0 263059 0 0 0 STEVE GELFOUND VP OF OPERATIONS 220679 0 90865 0 0 0 12885 0 34446 0 358875 0 0 0 PERLITER WALTERS-GILLIAM VP OF ACCREDITATION 148135 0 60577 0 0 0 8524 0 33233 0 250469 0 0 0 ROXANNA K ROPKO SENIOR SYSTEMS ARCHITECT 136428 0 31615 0 0 0 8149 0 13992 0 190184 0 0 0 PART I, LINE 4A TERRON KING RECEIVED $15,293 IN SEVERANCE DURING THE YEAR ENDED JUNE 30, 2018 AND REPORTED ON THE 2017 990 ACCORDINGLY AS COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO, VICE PRESIDENT OF FINANCE 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. 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 18 THE PRESIDENT/CEO, VICE PRESIDENT OF FINANCE AND THE TREASURER REVIEW THE PRELIMINARY FORM 990 AND INFORM THE BOARD THAT IT IS AVAILABLE FOR THEIR REVIEW UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST ONLY. FORM 990, PART XII, LINE 2C: COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.