ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES (EIN 84-0502574)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-13
IRS object ID
202513179349302531
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-13T09:12:11-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1950 NORTH GLEBE ROAD SUITE 1200AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN840502574EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASSOCIATION OF GOVERNING BOARDS OFBusinessNameLine1Txt
Business Name Line2UNIVERSITIES AND COLLEGESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlASSOBusinessNameControlTxt
Phone2022968400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11666 K STREET NW 1200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROSS MUGLERPersonNm
Person TitleINTERIM PRESIDENT AND CEOPersonTitleTxt
Phone2022968400PhoneNum
Signature2025-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT WILLIAMSPreparerPersonNm
PTINP01345960PTIN
Phone5712279500PhoneNum
Preparation2025-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROSS MUGLERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11666 K STREET NW 1200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,119,601GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressAGB.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1974FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionPREPARING COLLEGE, UNIVERSITY, AND FOUNDATION GOVERNING BOARDS TO FULFILL THEIR FIDUCIARY DUTIESActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee53TotalEmployeeCnt
Total Volunteers497TotalVolunteersCnt
Total Gross UBI$159,563TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,636,390PYContributionsGrantsAmt
CY Contributions Grants$2,184,050CYContributionsGrantsAmt
PY Program Service Revenue$13,803,273PYProgramServiceRevenueAmt
CY Program Service Revenue$13,084,829CYProgramServiceRevenueAmt
PY Investment Income$783,521PYInvestmentIncomeAmt
CY Investment Income$850,557CYInvestmentIncomeAmt
PY Other Revenue$601,620PYOtherRevenueAmt
CY Other Revenue$614,426CYOtherRevenueAmt
PY Total Revenue$16,824,804PYTotalRevenueAmt
CY Total Revenue$16,733,862CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,754,472PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,906,568CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$587,289CYTotalFundraisingExpenseAmt
PY Other Expenses$8,684,583PYOtherExpensesAmt
CY Other Expenses$7,903,940CYOtherExpensesAmt
PY Total Expenses$16,439,055PYTotalExpensesAmt
CY Total Expenses$15,810,508CYTotalExpensesAmt
PY Revenues Less Expenses$385,749PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$923,354CYRevenuesLessExpensesAmt
Total Assets BOY$24,371,356TotalAssetsBOYAmt
Total Assets EOY$25,643,519TotalAssetsEOYAmt
Total Liabilities BOY$10,470,294TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,046,144TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$13,901,062NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,597,375NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES ADVANCES HIGHER EDUCATION AS A PUBLIC GOOD BY PREPARING COLLEGE, UNIVERSITY, AND FOUNDATION GOVERNING BOARDS TO FULFILL THEIR FIDUCIARY DUTIES AND EXEMPLIFY THE HIGHEST IDEALS OF TRUSTEESHIP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,500,433ExpenseAmt
Grant$0GrantAmt
Revenue$10,598,613RevenueAmt
DescCONFERENCES, INSTITUTES, CONVENINGS, AND AGB CONSULTING: AGB'S CONFERENCES, INSTITUTES, WEBINARS, AND CONVENINGS PROVIDE CRITICAL EDUCATION AND PROFESSIONAL DEVELOPMENT TO HIGHEREDUCATION GOVERNING BOARDS, SENIOR ADMINISTRATORS, AND KEY STAKEHOLDERS. THESE PROGRAMS EQUIP PARTICIPANTS WITH BEST PRACTICES, EMERGING TRENDS, AND GOVERNANCE STRATEGIES NECESSARY TO ADDRESS COMPLEX CHALLENGES IN HIGHER EDUCATION. AGB OFFERED A RANGE OF VIRTUAL AND IN-PERSON EVENTS, INCLUDING THE FOUNDATION LEADERSHIP FORUM, BOARD PROFESSIONALS CONFERENCE, NATIONAL CONFERENCE ON TRUSTEESHIP, SPECIALIZED INSTITUTES FOR BOARD CHAIRS AND PRESIDENTS, AND VIRTUAL EVENTS FOCUSED ON PRESSING ISSUES LIKE FINANCIAL SUSTAINABILITY AND BOARD ENGAGEMENT. AGB PROACTIVELY CONVENES MEMBERS FOR ADVISORY COUNCILS, CONTENT AND PROGRAM ADVISORY GROUPS, AND EDITORIAL ADVISING. AGB CONSULTING CONTINUED TO DELIVER CUSTOMIZED GUIDANCE AND SUPPORT SERVICES TO INSTITUTIONS AND FOUNDATIONS, HELPING STRENGTHEN GOVERNING BOARDS AND POSITION THEM FOR SUCCESS. SERVICES INCLUDED BOARD ASSESSMENTS, SUCCESSION PLANNING, GOVERNANCE REVIEWS, STRATEGIC PLANNING, AND MERGER AND PARTNERSHIP STRATEGY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,842,761ExpenseAmt
Grant$0GrantAmt
Revenue$1,646,001RevenueAmt
DescINSIGHTS, RESEARCH, TOOLS AND OTHER RESOURCES: IN ADDITION TO TRUSTEESHIP MAGAZINE PUBLISHED SIX TIMES PER YEAR FOR MEMBERS, AGB PUBLISHES BOOKS, REPORTS, BOARD STATEMENTS, BLOGS, SURVEY FINDINGS, WEBINARS, VIDEOS, PODCASTS, AND OTHER RESOURCES. THESE ARE CONTAINED IN THE AGB KNOWLEDGE CENTER ON AGB.ORG, WHICH SERVES AS A CONTENT HUB FOR BEST PRACTICES, EXPERT INSIGHTS, RESEARCH REPORTS, TOOLS AND TOOLKITS, AND OTHER EDUCATIONAL MATERIALS. ADDITIONALLY, AGB OFFERS NEW BOARD MEMBER ORIENTATION FOR INTRODUCING BOARD MEMBERS TO HIGHER EDUCATION GOVERNANCE, ESSENTIAL BOARD RESPONSIBILITIES, BOARD COMPOSITION, AND BOARDROOM CULTURE, AND A BOARD PROFESSIONAL CERTIFICATE PROGRAM.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$908,453ExpenseAmt
Grant$0GrantAmt
Revenue$825,215RevenueAmt
DescADVOCACY AND PUBLIC POLICY: AGB WORKS TO ENSURE THE VIEWS OF OUR MEMBERS ARE AT THE FOREFRONT OF STATE AND FEDERAL POLICY DISCUSSIONS REGARDING BOARD GOVERNANCE, INSTITUTIONAL LEADERSHIP, STUDENT SUCCESS, AND INSTITUTIONAL VITALITY. WE WORK TO IMPROVE SOCIETY'S UNDERSTANDING AND PERCEPTION OF THE VALUE OF HIGHER EDUCATION, AND WE SPONSOR A NUMBER OF OTHER ADVOCACY PROJECTS THAT ADDRESS PRESSING ISSUES IN HIGHER EDUCATION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$10,251,647TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document110IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee53EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMARIA NAZARETH SR VICE PRESIDENTPersonNm
Phone2027760814PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11666 K STREET NW SUITE 1200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
RODERICK MCDAVIS
PRINCIPAL1.0039.00Yes (X)$0$370,237$65,185
MARY PAPAZIAN
EXECUTIVE VP UNTIL 06/2540.000.00Yes (X)$358,658$0$50,186
PATRICIA KUNKLE
SENIOR VICE PRESIDENT40.000.00Yes (X)$353,724$0$40,292
MARIA NAZARETH
SENIOR VP & TREASURER40.000.00Yes (X)$319,213$0$75,100
ELLEN CHAFFEE
INT. PRESIDENT & CEO UNTIL 08/2439.001.00Yes (X)$315,332$0$0
CHRISTINA JACOBS
SENIOR VICE PRESIDENT40.000.00Yes (X)$312,899$0$39,557
CRISTIN J TOUTSI GRIGOS
SENIOR VICE PRESIDENT40.000.00Yes (X)$239,018$0$50,969
FRAMROZE VIRJEE
PRESIDENT & CEO FROM 08/24-02/2539.001.00Yes (X)$226,647$0$8,625
LARRY ROBERTSON
SENIOR VICE PRESIDENT40.000.00Yes (X)$219,960$0$38,169
DAVID BASS
VP PROGRAM STRATEGY AS OF 04/2540.000.00$188,600$0$32,100Yes (X)
ANDREW LOUNDER
ASSOCIATE VP OF PROGRAMS40.000.00$179,531$0$24,213Yes (X)
MEGAN CLARKE
ASSOCIATE VP OF MARKETING & DIGITAL EXP.40.000.00$170,880$0$17,719Yes (X)
GERARD BAYANI
DIRECTOR OF ACCOUNTING40.000.00$161,646$0$30,934Yes (X)
NANCY STEELBERG
MARKETING DIRECTOR40.000.00$151,889$0$15,570Yes (X)
BEN DAVID ROWE
MANAGING DIRECTOR40.000.00Yes (X)$103,141$0$3,048
ROSS A MUGLER
CHAIR & CEO AS OF 03/257.000.00Yes (X)$0$0$0Yes (X)
PAUL BRAJCICH
VICE CHAIR5.000.00Yes (X)$0$0$0Yes (X)
KATHERINE SAWYER
VICE CHAIR5.001.00Yes (X)$0$0$0Yes (X)
ELEANOR HORNE
VICE CHAIR LOA FROM 12/20245.005.00Yes (X)$0$0$0Yes (X)
SHAUNA RYDER DIGGS
SECRETARY5.005.00Yes (X)$0$0$0Yes (X)
CATHY HAVENER GREER
DIRECTOR3.000.00$0$0$0Yes (X)
WILLIAM THOMPSON JR
DIRECTOR1.000.00$0$0$0Yes (X)
NICOLE WASHINGTON
DIRECTOR1.000.00$0$0$0Yes (X)
DAVID WILSON
DIRECTOR1.001.00$0$0$0Yes (X)
MARIE A SULLIVAN
DIRECTOR1.000.00$0$0$0Yes (X)
SHANE JACOBSON
DIRECTOR1.001.00$0$0$0Yes (X)
RONALD C PARKER
DIRECTOR UNTIL 02/20251.001.00$0$0$0Yes (X)
CYNTHIA SHAPIRA
DIRECTOR UNTIL 05/20251.001.00$0$0$0Yes (X)
E THOMAS SULLIVAN
DIRECTOR LOA FROM 03/20251.001.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,301,138TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$370,237TotReportableCompRltdOrgAmt
Total Other Compensation$491,667TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K26IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PAUL FRIGA
126 CRIMSON OAK DRDURHAMNC27713CONSULTING$474,608
THOMAS K HYATT PLLC
1717 K ST NW SUITE 900WASHINGTONDC20006LEGAL$226,302
TANYA MARIE SPILOVOY
3438 CROCUS AVEBISMARCKND58501CONSULTING$167,280
MAH HIGHER EDUCATION CONSULTING LLC
9766 NICKEL RIDGE CIRNAPLESFL34120CONSULTING$157,458
FOSS CONSULTING GROUP
10462 RAVEN CTFOLEYMN56329CONSULTING$148,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Related Organizations$50,000RelatedOrganizationsAmt
All Other Contributions$2,134,050AllOtherContributionsAmt
Total Contributions$2,184,050TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES900099$7,583,560$7,583,560
SEMINARS AND WORKSHOPS900099$3,187,563$3,187,563
AGB CONSULTING900099$2,221,672$2,221,672
PUBLICATION SALES900099$92,034$77,034$15,000
FieldValueIRS element (for citing)
Total Program Service Revenue$13,084,829TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$821,296TotalRevenueColumnAmt
Exclusion$821,296ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$401,000TotalRevenueColumnAmt
Exclusion$401,000ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$144,563RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$144,563RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$144,563TotalRevenueColumnAmt
Unrelated Business Revenue$144,563UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$415,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$385,739SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$29,261SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,261TotalRevenueColumnAmt
Exclusion$29,261ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$68,863TotalRevenueColumnAmt
Exclusion$68,863ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$68,863OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,733,862TotalRevenueColumnAmt
Related Or Exempt Func Income$13,069,829RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$159,563UnrelatedBusinessRevenueAmt
Exclusion$1,320,420ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,752,571TotalAmt
Program Services$755,417ProgramServicesAmt
Management And General$1,929,175ManagementAndGeneralAmt
Fundraising$67,979FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,871,334TotalAmt
Program Services$2,666,133ProgramServicesAmt
Management And General$999,523ManagementAndGeneralAmt
Fundraising$205,678FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$338,723TotalAmt
Program Services$229,593ProgramServicesAmt
Management And General$91,201ManagementAndGeneralAmt
Fundraising$17,929FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$477,373TotalAmt
Program Services$294,117ProgramServicesAmt
Management And General$174,659ManagementAndGeneralAmt
Fundraising$8,597FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$466,567TotalAmt
Program Services$262,434ProgramServicesAmt
Management And General$182,204ManagementAndGeneralAmt
Fundraising$21,929FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$294,794TotalAmt
Management And General$294,794ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$39,261TotalAmt
Management And General$39,261ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Management And General$30,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,875,436TotalAmt
Program Services$2,336,432ProgramServicesAmt
Management And General$336,867ManagementAndGeneralAmt
Fundraising$202,137FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$262,118TotalAmt
Program Services$234,487ProgramServicesAmt
Management And General$27,431ManagementAndGeneralAmt
Fundraising$200FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$223,341TotalAmt
Program Services$159,671ProgramServicesAmt
Management And General$62,288ManagementAndGeneralAmt
Fundraising$1,382FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$492,949TotalAmt
Program Services$285,035ProgramServicesAmt
Management And General$190,117ManagementAndGeneralAmt
Fundraising$17,797FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$462,781TotalAmt
Program Services$312,338ProgramServicesAmt
Management And General$128,499ManagementAndGeneralAmt
Fundraising$21,944FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,861,948TotalAmt
Program Services$1,856,705ProgramServicesAmt
Fundraising$5,243FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$177,657TotalAmt
Program Services$106,181ProgramServicesAmt
Management And General$64,452ManagementAndGeneralAmt
Fundraising$7,024FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$72,270TotalAmt
Program Services$55,206ProgramServicesAmt
Management And General$15,277ManagementAndGeneralAmt
Fundraising$1,787FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DUES & SUBSCRIPTIONS$503,313$249,062$249,078$5,173
PRINTING & DESIGN$290,938$286,361$4,512$65
SPECIAL PROJECT/CONTING$289,302$162,475$124,402$2,425

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$27,832TotalAmt
Management And General$27,832ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$15,810,508TotalAmt
Program Services$10,251,647ProgramServicesAmt
Management And General$4,971,572ManagementAndGeneralAmt
Fundraising$587,289FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,097,831BOYAmt
EOY$512,091EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,398,363BOYAmt
EOY$6,644,207EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$126,000BOYAmt
EOY$16,150EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$403,235BOYAmt
EOY$557,314EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$14,202BOYAmt
EOY$37,018EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$422,424BOYAmt
EOY$425,282EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,027,413LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$660,675LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,512,724BOYAmt
EOY$1,366,738EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,636,087BOYAmt
EOY$12,503,153EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$50,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,710,490BOYAmt
EOY$3,531,566EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,371,356BOYAmt
EOY$25,643,519EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$601,197BOYAmt
EOY$515,390EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,112,228BOYAmt
EOY$3,910,854EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,756,869BOYAmt
EOY$5,619,900EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,470,294BOYAmt
EOY$10,046,144EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,735,698BOYAmt
EOY$14,517,760EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$165,364BOYAmt
EOY$1,079,615EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,901,062BOYAmt
EOY$15,597,375EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,371,356BOYAmt
EOY$25,643,519EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$923,354ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$772,959NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$952,404CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,467,748CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,823,033CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,636,390CurrentTaxYearMinus1YearAmt
Current Tax Year$2,184,050CurrentTaxYearAmt
Total$9,063,625TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,625,747CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,224,521CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,789,630CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,789,477CurrentTaxYearMinus1YearAmt
Current Tax Year$13,084,829CurrentTaxYearAmt
Total$63,514,204TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,578,151CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,692,269CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,612,663CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,425,867CurrentTaxYearMinus1YearAmt
Current Tax Year$15,268,879CurrentTaxYearAmt
Total$72,577,829TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,250CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$189,500TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$115,250CurrentTaxYearMinus1YearAmt
Current Tax Year$2,000CurrentTaxYearAmt
Total$189,500TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$72,388,329PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,078,969CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,114,519CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,488,282CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,164,003CurrentTaxYearMinus1YearAmt
Current Tax Year$1,366,859CurrentTaxYearAmt
Total$7,212,632TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,078,969CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,114,519CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,488,282CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,164,003CurrentTaxYearMinus1YearAmt
Current Tax Year$1,366,859CurrentTaxYearAmt
Total$7,212,632TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$184,487CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,769CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,557CurrentTaxYearMinus1YearAmt
Current Tax Year$68,863CurrentTaxYearAmt
Total$294,676TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,657,120CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,991,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,102,714CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,629,427CurrentTaxYearMinus1YearAmt
Current Tax Year$16,704,601CurrentTaxYearAmt
Total$80,085,137TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.90390PublicSupportCY509Pct
Public Support PY5090.89810PublicSupportPY509Pct
Investment Income CY0.09010InvestmentIncomeCYPct
Investment Income PY0.09600InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER REVENUE - 2021 AMOUNT: $ 184,487. 2022 AMOUNT: $ 1,769. 2023 AMOUNT: $ 39,557. 2024 AMOUNT: $ 68,863.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$38,890DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$18,000OtherActivitiesAmt
Total Lobbying Expenditures$56,890TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE C, PART 1-A, LINE 1:FormAndLineReferenceDesc
ExplanationAGB CLOSELY MONITORED A WIDE RANGE OF ISSUES DURING THE PAST FISCAL YEAR PARTICULARLY THOSE WITH DIRECT IMPLICATIONS FOR THE FIDUCIARY RESPONSIBILITIES OF GOVERNING BOARDS OF COLLEGES, UNIVERSITIES, AND THEIR RELATED FOUNDATIONS. AGB'S ADVOCACY EFFORTS, IN COLLABORATION WITH THE HIGHER EDUCATION COMMUNITY, FOCUSED ON THE EVOLVING FEDERAL LANDSCAPE RELATED TO NEW POLICY CHANGES IMPLEMENTED BY THE U.S. DEPARTMENT OF EDUCATION AND THE PASSAGE OF THE BUDGET RECONCILIATION LEGISLATION ALSO KNOWN AS THE "ONE BIG BEAUTIFUL BILL (OBBB)." AGB ENGAGED ITS MEMBERS AND PARTNERS ON OTHER REGULATORY ACTIONS INITIATED BY THE DEPARTMENT OF EDUCATION AND PROVIDED GUIDANCE TO BOARDS NAVIGATING SHIFTING POLICIES IN THE HIGHER EDUCATION SECTOR. THE ASSOCIATION ALSO CONTINUED ITS EDUCATION EFFORTS WITH ITS PARTNERS AND MEMBERS ON THE FAST-MOVING CHANGES TO THE FEDERAL POLICY LANDSCAPE.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$9,723,190BeginningYearBalanceAmt
Investment Earnings Or Losses$1,161,702InvestmentEarningsOrLossesAmt
Other Expenditures$415,000OtherExpendituresAmt
End Year Balance$10,469,892EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,944,679BeginningYearBalanceAmt
Investment Earnings Or Losses$1,183,511InvestmentEarningsOrLossesAmt
Other Expenditures$405,000OtherExpendituresAmt
End Year Balance$9,723,190EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,397,769BeginningYearBalanceAmt
Investment Earnings Or Losses$936,910InvestmentEarningsOrLossesAmt
Other Expenditures$390,000OtherExpendituresAmt
End Year Balance$8,944,679EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,512,731BeginningYearBalanceAmt
Investment Earnings Or Losses-$1,739,962InvestmentEarningsOrLossesAmt
Other Expenditures$375,000OtherExpendituresAmt
End Year Balance$8,397,769EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,244,932BeginningYearBalanceAmt
Investment Earnings Or Losses$2,632,799InvestmentEarningsOrLossesAmt
Other Expenditures$365,000OtherExpendituresAmt
End Year Balance$10,512,731EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,586,046OtherCostOrOtherBasisAmt
Depreciation$334,991DepreciationAmt
Book Value$1,251,055BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$264,846OtherCostOrOtherBasisAmt
Depreciation$172,372DepreciationAmt
Book Value$92,474BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$176,521OtherCostOrOtherBasisAmt
Depreciation$153,312DepreciationAmt
Book Value$23,209BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,366,738TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEFERRED COMP. INVEST. ACCT$346,842
GUARANTY AND SECURITY DEPOSITS$144,885
RIGHT OF USE ASSET$3,039,839
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,531,566TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED COMP. LIABILITY ACCT$346,842
RIGHT OF USE LIABILITY$5,273,058
FieldValueIRS element (for citing)
Total Liability$5,619,900TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,521,071TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$772,959NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$44,250DonatedServicesAndUseFcltsAmt
Revenue Not Reported$817,209RevenueNotReportedAmt
Revenue Subtotal$16,703,862RevenueSubtotalAmt
Investment Expenses Not Incld$30,000InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$30,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,733,862TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$15,824,758TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$44,250DonatedServicesUseFcltsAmt
Expenses Not Reported$44,250ExpensesNotReportedAmt
Expenses Subtotal$15,780,508ExpensesSubtotalAmt
Investment Expenses Not Incld2$30,000InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$30,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$15,810,508TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. AGB HAS FILED FOR INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, AGB FILES INTERNAL REVENUE FORM 990 TAX RETURNS AS REQUIRED AND ALL APPLICABLE RETURNS IN THOSE JURISDICTIONS WHERE IT IS REQUIRED. THE ASSOCIATION BELIEVES THAT THEY ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RODERICK MCDAVIS
PRINCIPAL$0$367,951$0$0$0$2,286$0$38,115$0$27,070$0$435,422$0$0
MARY PAPAZIAN
EXECUTIVE VP UNTIL 06/25$342,926$0$15,000$0$732$0$34,836$0$15,350$0$408,844$0$0$0
PATRICIA KUNKLE
SENIOR VICE PRESIDENT$232,505$0$120,500$0$719$0$25,403$0$14,889$0$394,016$0$0$0
MARIA NAZARETH
SENIOR VP & TREASURER$303,348$0$15,000$0$865$0$58,860$0$16,240$0$394,313$0$0$0
ELLEN CHAFFEE
INT. PRESIDENT & CEO UNTIL 08/24$315,332$0$0$0$0$0$0$0$0$0$315,332$0$0$0
CHRISTINA JACOBS
SENIOR VICE PRESIDENT$296,680$0$15,500$0$719$0$36,306$0$3,251$0$352,456$0$0$0
CRISTIN J TOUTSI GRIGOS
SENIOR VICE PRESIDENT$223,356$0$15,000$0$662$0$25,695$0$25,274$0$289,987$0$0$0
FRAMROZE VIRJEE
PRESIDENT & CEO FROM 08/24-02/25$200,216$0$0$0$26,431$0$8,625$0$0$0$235,272$0$0$0
LARRY ROBERTSON
SENIOR VICE PRESIDENT$204,241$0$15,000$0$719$0$22,601$0$15,568$0$258,129$0$0$0
DAVID BASS
VP PROGRAM STRATEGY AS OF 04/25$184,479$0$3,500$0$621$0$18,661$0$13,439$0$220,700$0$0$0
ANDREW LOUNDER
ASSOCIATE VP OF PROGRAMS$138,667$0$0$0$40,864$0$12,941$0$11,272$0$203,744$0$0$0
MEGAN CLARKE
ASSOCIATE VP OF MARKETING & DIGITAL$165,351$0$5,000$0$529$0$16,535$0$1,184$0$188,599$0$0$0
GERARD BAYANI
DIRECTOR OF ACCOUNTING$153,160$0$8,000$0$486$0$15,365$0$15,569$0$192,580$0$0$0
NANCY STEELBERG
MARKETING DIRECTOR$146,363$0$5,000$0$526$0$14,636$0$934$0$167,459$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATRAVEL FOR COMPANIONS - AGB'S PAST PRESIDENT, FRAMROZE VIRJEE, HAD A CONTRACT WITH AGB. THE TERMS OF THE CONTRACT ALLOWED FOR REIMBURSEMENT OF TRAVEL EXPENSES TO MEETINGS AND EVENTS WHERE THE SPOUSE'S PARTICIPATION WAS DIRECTLY RELATED TO THE WORK OF THE ASSOCIATION. PERSONAL SPOUSAL TRAVEL WAS NOT REIMBURSED.
PART I, LINE 4AHENRY STOEVER, FORMER PRESIDENT AND CEO, RECEIVED $80,726 IN SEVERANCE DURING CALENDAR YEAR 2024. HE SEPARATED FROM AGB ON SEPTEMBER 1, 2023. IN CALENDAR YEAR 2024, BEN DAVID ROWE, MANAGING DIRECTOR, RECEIVED A SEVERANCE PAYMENT OF $92,308. HE SEPARATED FROM AGB ON JANUARY 1, 2024.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ACOMMITTEES. THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD OF DIRECTORS, MAY DESIGNATE FROM AMONG ITS MEMBERS ONE OR MORE COMMITTEES, EACH COMMITTEE TO CONSIST OF NO FEWER THAN THREE (3) NOR MORE THAN EIGHT (8) DIRECTORS, UNLESS OTHERWISE SPECIFIED HEREIN. COMMITTEES MAY BE STANDING OR MAY BE FORMED ON AN AD HOC BASIS FOR A DEFINED PERIOD OF TIME OR EFFORT AS PROVIDED FOR IN THE RESOLUTION. THE BOARD MAY ALSO ESTABLISH SUCH PROJECT TEAMS, WORKING GROUPS, AND SIMILAR BODIES AS IT DEEMS USEFUL, AND SHALL PROVIDE FOR THE DUTIES AND RESPONSIBILITIES OF SUCH BODIES IN A RESOLUTION OR POLICY. THE BOARD CHAIR SHALL SELECT AND APPOINT THE MEMBERS AND THE CHAIR OF ALL COMMITTEES, UNLESS OTHERWISE SPECIFIED HEREIN. THE BOARD CHAIR SHALL SERVE AS AN EX OFFICIO MEMBER OF ALL COMMITTEES BUT SHALL NOT BE COUNTED FOR PURPOSES OF A QUORUM UNLESS THE BOARD CHAIR ATTENDS THE COMMITTEE MEETING. THE BOARD CHAIR MAY ALSO FROM TIME TO TIME APPOINT ONE OR MORE PERSONS AS CONSULTING, NON-VOTING MEMBERS OF A BOARD COMMITTEE TO SERVE AT THE PLEASURE OF THE BOARD AND SUCH PERSONS NEED NOT BE DIRECTORS AND SHALL NOT COUNT TOWARDS THE COMMITTEE SIZE PERMITTED BY THIS SECTION. DIRECTORS WHO ARE NOT MEMBERS OF A COMMITTEE MAY ATTEND AND PARTICIPATE IN SUCH COMMITTEE'S MEETINGS AT THE PREROGATIVE OF THE COMMITTEE CHAIR BUT SHALL NOT HAVE A VOTE ON SUCH COMMITTEE. THE PROVISIONS OF THESE BYLAWS REGARDING MEETINGS, ACTION WITHOUT MEETINGS, NOTICE AND WAIVER OF NOTICE, AND QUORUM AND VOTING REQUIREMENTS OF THE BOARD OF DIRECTORS, SHALL APPLY TO COMMITTEES AND THEIR MEMBERS AS WELL. THE PRESIDENT SHALL ARRANGE FOR THE STAFF OF THE ASSOCIATION TO PROVIDE SUFFICIENT SUPPORT FOR EACH COMMITTEE TO ENABLE IT TO DISCHARGE ITS DUTIES. EACH COMMITTEE SHALL EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS TO THE EXTENT AUTHORIZED BY THE BOARD OF DIRECTORS. STANDING COMMITTEES SHALL INCLUDE AN AUDIT AND ERM COMMITTEE; A FINANCE COMMITTEE; A COMPENSATION COMMITTEE; A POLICY INITIATIVES COMMITTEE; A GOVERNANCE COMMITTEE; AND AN EXECUTIVE COMMITTEE. DUTIES AND RESPONSIBILITIES OF THESE AND ANY COMMITTEES OF THE BOARD SHALL BE SET FORTH IN A CHARTER, SUBJECT TO THE APPROVAL OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE OFFICE TRANSMITS SCHEDULES AND CHECKLISTS TO THE RETURN PREPARER TWO MONTHS BEFORE THE DUE DATE. THE PRESIDENT, AND SENIOR VICE PRESIDENT FOR FINANCE, CONDUCT AN INTERNAL REVIEW OF DRAFT FORMS 990 IN THE THIRD WEEK OF OCTOBER. THE SENIOR VICE PRESIDENT FOR FINANCE TRANSMITS THE DRAFT FORM 990 TO AGB'S AUDIT AND ERM COMMITTEE AND THE BOARD OF DIRECTORS AFTER THE INTERNAL REVIEW IS CONDUCTED. THE MEMBERS OF THE AUDIT AND ERM COMMITTEE HAVE A WEEK FOR REVIEW, COMMENTS AND QUESTIONS AFTER WHICH THE COMMITTEE MEETS ON A CONFERENCE CALL. ALL MEMBERS OF THE BOARD ARE INVITED TO JOIN THE CALL SCHEDULED IN THE FIRST WEEK OF NOVEMBER. THE REVIEW OF FORM 990 IS CONDUCTED BY THE AUDIT AND ERM COMMITTEE. PARTICIPATION OF ALL DIRECTORS IS WELCOME AND ENCOURAGED. THE REVIEW BEGINS WITH THE PRESENTATION OF DATA TO THE COMMITTEE BY THE SENIOR VICE PRESIDENT FOR FINANCE. UNDERLYING DATA THAT SUPPORTS THE RETURNS MAY BE REQUESTED BY THE COMMITTEE. THE COMMITTEE REVIEWS THE RETURNS TO ENSURE THEY ARE CONSISTENT WITH THE FINANCIAL STATEMENTS, THE GOVERNANCE QUESTIONS ARE ANSWERED CORRECTLY, THE DESCRIPTIVE INFORMATION REFLECTS THE POSITION OF AGB, DESCRIPTION OF THE PROGRAMS ARE ACCURATE, AND THE RETURN IS COMPLETE. THE RETURN IS FINALIZED NO LATER THAN A WEEK BEFORE THE TAX DEADLINE, AND INCLUDES ANY CHANGES SUGGESTED BY THE AUDIT AND ERM COMMITTEE. DIRECTORS RECEIVE AN EXECUTIVE SUMMARY OF CHANGES (IF ANY) ELECTRONICALLY PRIOR TO FILING OF THE FINAL FORM 990. THE CHAIR OF THE AUDIT AND ERM COMMITTEE PROVIDES A REPORT ON THE REVIEW OF THE COMPLETED FORM 990 TO THE AGB BOARD AT ITS NEXT SCHEDULED MEETING.
FORM 990, PART VI, SECTION B, LINE 12CSTAFF: AGB REQUIRES THAT OFFICERS AND EMPLOYEES WILL PERFORM THEIR DUTIES CONSCIENTIOUSLY, HONESTLY, AND IN ACCORDANCE WITH THE BEST INTERESTS OF THE ASSOCIATION. AGB OFFICERS AND EMPLOYEES MUST NOT USE THEIR POSITION OR THE KNOWLEDGE GAINED AS A RESULT OF THEIR POSITION FOR PRIVATE OR PERSONAL ADVANTAGE. REGARDLESS OF THE CIRCUMSTANCES, IF OFFICERS OR EMPLOYEES SENSE THAT A COURSE OF ACTION THEY HAVE PURSUED, ARE CURRENTLY PURSUING, OR ARE CONTEMPLATING PURSUING MAY INVOLVE THEM IN A CONFLICT OF INTEREST WITH AGB, THEY SHOULD IMMEDIATELY COMMUNICATE ALL THE FACTS TO HIS OR HER SUPERVISOR. ALL STAFF MEMBERS WILL BE ASKED TO COMPLETE AND SIGN THEDISCLOSURE FORM ON AN ANNUAL BASIS. BOARD OF DIRECTORS: THE DIRECTOR HAVING SUCH CONFLICT SHALL NOT PARTICIPATE OR USE ANY PERSONAL INFLUENCE IN THE DISCUSSION OF THE SUBJECT OR MAKE ANY RECOMMENDATIONS REGARDING THE SUBJECT. HOWEVER, THE DIRECTOR WILL BRIEFLY STATE THE NATURE OF THE CONFLICT AND WILL BE EXPECTED TO ANSWER PERTINENT QUESTIONS FROM THE OTHER DIRECTORS WHEN THE DIRECTOR'S KNOWLEDGE OF THE SUBJECT WILL ASSIST THE BOARD. THE MINUTES OF ANY MEETING AT WHICH THE SUBJECT INVOLVING THE CONFLICT IS DISCUSSED SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE CONFLICTED DIRECTOR REFRAINED FROM DISCUSSION, EXCEPT TO THE EXTENT PROVIDED ABOVE, AND DID NOT VOTE ON THE SUBJECT. THE SECRETARY ANNUALLY, AND AT OTHER TIMES ON REQUEST FROM ANY MEMBER OF THE BOARD, SHALL MAKE AVAILABLE TO THE MEMBERS OF THE BOARD COPIES OF THIS POLICY AND THE STATEMENT FOR DISCLOSING CONFLICTS. ANY BOARD MEMBER MAY REQUEST A DETERMINATION FROM THE BOARD AS TO THE EXISTENCE OF A CONFLICT OF INTEREST. THE BOARD'S DECISION, BY MAJORITY VOTE, SHALL BIND THE BOARD MEMBER AND THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15PROCESS TO DETERMINE COMPENSATION OF THE PRESIDENT: PRESIDENTIAL COMPENSATION IS DETERMINED WITH THE USE OF COMPARABILITY DATA RESEARCHED BY A MANAGEMENT/HR CONSULTING FIRM AND DISCUSSED BY AGB'S COMPENSATION COMMITTEE AND GENERAL COUNSEL. PROCESS TO DETERMINE COMPENSATION OF OFFICERS: COMPENSATION IS DETERMINED WITH THE USE OF COMPARABILITY DATA RESEARCHED BY A MANAGEMENT/HR CONSULTING FIRM. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST CONFLICT OF INTEREST POLICY: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST FINANCIAL STATEMENTS: PROVIDED UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANT FEES: PROGRAM SERVICE EXPENSES 2,336,432. MANAGEMENT AND GENERAL EXPENSES 336,867. FUNDRAISING EXPENSES 202,137. TOTAL EXPENSES 2,875,436.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AGB SEARCH LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11666 K STREET NW SUITE 1200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
EIN271963417EIN
Primary ActivitiesCONDUCT EXECUTIVE LEVEL SEARCHES FOR UNIVERSITIES/COLLEGESPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AGBBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$9,140,778ShareOfTotalIncomeAmt
Share Of EOY Assets$2,788,248ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
AGB SEARCH LLC
A$144,563FMV
AGB SEARCH LLC
C$50,000FMV
AGB SEARCH LLC
Q$126,100FMV

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.