2016-02-03T14:02:18-06:00 2015-06-30 561304727 BLACKMAN & SLOOP CPAS PA 1414 RALEIGH RD SUITE 300 CHAPEL HILL NC 27517 990 2014-07-01 461192687 COLLEGE ADVISING CORPS INC COLL 9194426300 301 W BARBEE CHAPEL RD STE 210 CHAPEL HILL NC 275177513 PARMOD CHANDNA CHIEF FINANCIAL OFFICER 9194426300 2016-02-01 1 P00361629 9199428700 2014 2016-04-25 22:37:26Z PARMOD CHANDNA 301 W BARBEE CHAPEL RD CHAPEL HILL NC 275177513 12308505 0 X WWW.ADVISINGCORPS.ORG X 2013 NC COLLEGE ADVISING CORPS WORKS TO INCREASE COLLEGE ACCESS FOR UNDERREPRESENTED HIGH SCHOOL STUDENTS. 6 5 33 5 0 0 14002696 12279909 184142 17536 0 2790 2724 8270 14189562 12308505 6471079 5200389 0 0 1018137 2134566 0 0 486036 1380533 2277631 8869749 9612586 5319813 2695919 10081242 12279035 4068096 3569970 6013146 8709065 X COLLEGE ADVISING CORPS WORKS TO INCREASE THE NUMBER OF LOW-INCOME, FIRST-GENERATION COLLEGE, AND UNDERREPRESENTED HIGH SCHOOL STUDENTS WHO ENTER AND COMPLETE HIGHER EDUCATION. TO DELIVER ON THIS MISSION, WE PLACE WELL-TRAINED, RECENT COLLEGE GRADUATES, FROM PARTNER INSTITUTIONS OF HIGHER EDUCATION, AS FULL-TIME COLLEGE ADVISERS IN THE NATION'S UNDERSERVED HIGH SCHOOLS. 0 0 8381565 5200389 17536 COLLEGE ADVISING CORPS WORKS TO INCREASE THE NUMBER OF LOW-INCOME, FIRST-GENERATION COLLEGE, AND UNDERREPRESENTED HIGH SCHOOL STUDENTS WHO ENTER AND COMPLETE HIGHER EDUCATION. COLLEGE ADVISING CORPS PARTNERS WITH 24 COLLEGES AND UNIVERSITIES IN 14 STATES TO PLACE 532 WELL-TRAINED RECENT GRADUATES AS FULL-TIME NEAR-PEER COLLEGE ADVISERS IN THE NATION'S MOST UNDERSERVED HIGH SCHOOLS. ADVISERS PROVIDE THE SUPPORT THAT HIGH SCHOOL STUDENTS NEED TO NAVIGATE THE COMPLEX PROCESSES OF ACCESSING COLLEGE ADMISSION, SECURING FINANCIAL AID, AND ENROLLING IN SCHOOLS THAT SERVE THEM WELL. BECAUSE ADVISERS ARE CLOSE IN AGE AND BACKGROUND TO THE STUDENTS THEY SERVE, THEY CAN CONNECT WITH STUDENTS IN WAYS OTHERS OFTEN CANNOT. MOST ADVISERS ARE FIRST GENERATION COLLEGE GRADUATES, WERE PELL ELIGIBLE AND/OR IDENTIFY AS A PERSON OF COLOR. OUR MODEL NOT ONLY OFFERS ASSISTANCE TO STUDENTS, BUT ALSO PROVIDES A SERVICE OPPORTUNITY FOR RECENT COLLEGE GRADUATES. IN THE 2015-2016 ACADEMIC YEAR, COLLEGE ADVISING CORPS OPERATES TWO PROGRAM STRATEGIES - THE CORE, IN-SCHOOL MODEL, AND AN E-ADVISING INITIATIVE - TO SERVE OVER 160,000 STUDENTS. THE PRIMARY LONG-TERM GOAL OF COLLEGE ADVISING CORPS IS TO INCREASE COLLEGE ENROLLMENT RATES IN OUR TARGETED HIGH SCHOOLS. COLLEGE ADVISING CORPS HAS PROVEN TO BE EFFECTIVE IN BOTH URBAN AND RURAL MARKETS. PARTICIPATING SCHOOLS HAVE SEEN AN INCREASE OF AS MUCH AS 17 PERCENTAGE POINTS IN COLLEGE ATTENDANCE. COLLEGE ADVISING CORPS HIGH SCHOOLS SHOW AN INCREASE IN COLLEGE VISITS, FAFSA COMPLETION, SAT/ACT REGISTRATION, COLLEGE APPLICATIONS, AND COLLEGE ACCEPTANCES. UNLIKE MOST COLLEGE ACCESS PROGRAMS THAT WORK WITH A SMALL GROUP OR "COHORT" OF STUDENTS, COLLEGE ADVISING CORPS TAKES AN OPEN DOOR, WHOLE-SCHOOL APPROACH TO COLLEGE ADVISING. THIS INCLUDES ONE-TO-ONE WORK WITH STUDENTS AS WELL AS WORKING TO CREATE A COLLEGE-GOING CULTURE WITHIN THE SCHOOL THEY SERVE, WHICH IS ONE OF THE BEST INDICATORS OF WHETHER STUDENTS PURSUE COLLEGE AT ALL. COLLEGE ADVISING CORPS USES THE RESULTS OF ITS WORK IN BOTH MODELS TO CREATE STRATEGIC PARTNERSHIPS WITH AFFILIATED COLLEGE ACCESS AND SUCCESS ORGANIZATIONS TO ADVANCE AND INFORM OUR GROWTH AND IMPACT, AS WELL AS TO BROADEN THE RESOURCES AVAILABLE TO THOSE WORKING TO PROMOTE EDUCATIONAL OPPORTUNITY. 8381565 1 1 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 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 33 1 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X PARMOD CHANDNA CHIEF FINANCIAL OFF 9194426300 301 W BARBEE CHAPEL RD CHAPEL HILL NC 275177513 PETER GRAUER CHAIR 2.00 X X 0 0 0 ERSKINE BOWLES 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 H HOLDEN THORP MEMBER 0.50 X 0 0 0 NICOLE F HURD CHIEF EXECUTIVE OFFICER 50.00 X X 261004 0 15634 PARMOD CHANDNA CHIEF FINANCIAL OFFICER 50.00 X 88026 0 5212 AMIR FAROKHI CHIEF OPERATING OFFICER 50.00 X 188278 0 8791 537308 0 29637 2 0 1 0 EASE 555 VETERANS BLVD STE 106 REDWOOD CITY CA 94063 EVALUATION AND IMPACT SERVICES 537668 1 333522 11946387 12279909 PROGRAM INCOME 900099 17536 17536 17536 2790 2790 MISCELLANEOUS INCOME 900099 8270 8270 8270 12308505 17536 0 11060 4603847 4603847 596542 596542 627898 52477 403421 172000 1279484 998175 110617 170692 34758 19146 9367 6245 65907 36304 17762 11841 126519 69691 34097 22731 555503 407955 95269 52279 60004 37928 13246 8830 92685 61765 18552 12368 133744 121263 7489 4992 457192 414526 25600 17066 14567 8012 3933 2622 5454 2999 1473 982 EVALUATION AND IMPACT E 548801 548801 TECHNOLOGY 308324 308324 STAFF DEVELOPMENT 76508 69365 3917 3226 EQUIPMENT RENTAL AND MA 24849 24445 242 162 9612586 8381565 744985 486036 1867752 3798168 8128665 8074382 41125 298152 8500 9075 43700 14567 35200 29133 70125 10081242 12279035 422763 191093 3645333 3378877 4068096 3569970 X -2170238 -5137078 8183384 13846143 6013146 8709065 10081242 12279035 2695919 0 X X 0 1 X 1 0 X 693333 14002696 12279909 26975938 693333 14002696 12279909 26975938 15264837 11711101 2790 2790 2724 8270 10994 26989722 201678 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: OTHER MISCELLANEOUS INCOME 2014 AMOUNT: $8,270 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43700 14567 29133 29133 X 12308505 0 12308505 0 12308505 9612586 0 9612586 0 9612586 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. 1 UNIVERSITY OF NORTH CAROLINA 103 SOUTH BUILDING CHAPEL HILL NC 27599 566001393 501(C)(3) 33389 COLLEGE ADVISING TEXAS CHRISTIAN UNIVERSITY 2800 S UNIVERSITY DRIVE FORT WORTH TX 76129 750827465 501(C)(3) -142693 COLLEGE ADVISING TRINITY UNIVERSITY 1 TRINITY PLACE SAN ANTONIO TX 78212 741109633 501(C)(3) -95945 COLLEGE ADVISING NORTH CAROLINA STATE UNIVERSITY 203 PEELE HALL RALEIGH NC 27695 566000756 501(C)(3) -99709 COLLEGE ADVISING DAVIDSON COLLEGE 405 N MAIN ST DAVIDSON NC 28035 560529961 501(C)(3) -133922 COLLEGE ADVISING DUKE UNIVERSITY 220 ALLEN BUILDING DURHAM NC 27708 560532129 501(C)(3) -48108 COLLEGE ADVISING NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10012 135562308 501(C)(3) 224550 COLLEGE ADVISING FRANKLIN & MARSHALL COLLEGE 415 HARRISBURG AVE LANCASTER PA 17603 231352635 501(C)(3) 246252 COLLEGE ADVISING UNIVERSITY OF CALIFORNIA BERKELEY 2299 PIEDMONT AVENUE BERKELEY CA 94720 946002123 501(C)(3) 477360 COLLEGE ADVISING BROWN UNIVERSITY 75 WATERMAN STREET PROVIDENCE RI 02912 050258809 501(C)(3) 185599 COLLEGE ADVISING UNIVERSITY OF VIRGINIA PO BOX 400218 CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 192047 COLLEGE ADVISING UNIVERSITY OF MICHIGAN 500 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 208669 COLLEGE ADVISING UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK LOS ANGELES CA 90089 951642394 501(C)(3) 613863 COLLEGE ADVISING UNIVERSITY OF GEORGIA ADMINISTRATION BUILDING ATHENS GA 30602 586001998 501(C)(3) 204978 COLLEGE ADVISING TEXAS A & M UNIVERSITY 805 RUDDER TOWER COLLEGE STATION TX 77843 746000531 501(C)(3) 1550696 COLLEGE ADVISING MICHIGAN STATE UNIVERSITY 200 TOWBRIDGE RD LANSING MI 48824 386005984 501(C)(3) 255478 COLLEGE ADVISING UNIVERSITY OF TEXAS - AUSTIN 110 INNER CAMPUS DRIVE MAIN 13 AUSTIN TX 78712 746000203 501(C)(3) 355526 COLLEGE ADVISING TEXAS STATE UNIVERSITY 601 UNIVERSITY DRIVE SAN MARCOS TX 78666 746002248 501(C)(3) 225432 COLLEGE ADVISING UNIVERSITY OF ILLINOIS 108 HENRY ADMINISTRATIVE BLDG URBANA IL 61801 376000511 501(C)(3) 337817 COLLEGE ADVISING 19 EDUCATION GRANTS 108 596542 PART I, LINE 2: COLLEGE ADVISING CORPS CONDUCTS MONITORING VISITS WITH THE PARTNER ORGANIZATIONS. SCHEDULE I, PAGE I, PART II THE NEGATIVE AMOUNTS REPORTED IN PARTS I AND II ARE DUE TO MULTI-YEAR GRANTS WHICH WERE AWARDED AND RECOGNIZED IN PRIOR YEARS AND EXPIRED IN THE CURRENT YEAR. CAC'S GRANT AGREEMENTS SPECIFY THAT MONIES NOT USED BY THE GRANTEE UPON COMPLETION OF THE GRANT REVERT TO CAC, AND CONSEQUENTLY THE FOLLOWING "NEGATIVE EXPENSES" WERE RECORDED IN THE CURRENT YEAR: DAVIDSON COLLEGE -$133,922 DUKE UNIVERSITY -$48,108 TEXAS CHRISTIAN UNIVERSITY -$142,693 TRINITY UNIVERSITY -$95,945 NORTH CAROLINA STATE UNIVERSITY -$99,709 1 X X 0 0 0 0 0 0 0 0 0 NICOLE F HURD CHIEF EXECUTIVE OFFICER 261004 0 0 0 0 0 9063 0 6571 0 276638 0 0 0 AMIR FAROKHI CHIEF OPERATING OFFICER 188278 0 0 0 0 0 5825 0 2966 0 197069 0 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD AND IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. THE BOARD ALSO REVIEWS THE CEO'S PERFORMANCE SEMIANNUALLY AND ADJUSTS PAY ACCORDINGLY. X 1 0 0 0 PART I, LINE 33: THE PUBLICLY TRADED STOCK CONTRIBUTION WAS RELATED TO PLEDGES RECEIVABLE RECOGNIZED AS REVENUE IN THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 11 AFTER THE 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE CFO, COO AND CEO. THE CEO SUBSEQUENTLY SENDS IT TO THE BOARD OF DIRECTORS (GOVERNING BODY) FOR REVIEW 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 BY THE BOARD AND EXECUTIVE DIRECTOR WHO ARE KEENLY AWARE OF THE IMPORTANCE OF THESE POLICIES. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD AND IS DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. THE BOARD ALSO REVIEWS THE CEO'S PERFORMANCE SEMIANNUALLY AND ADJUSTS PAY ACCORDINGLY. 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: THE AUDIT AND FINANCE COMMITTEE ARE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS HAS CHANGED DURING THE CURRENT TAX YEAR.