AMERICAN COLLEGE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN COLLEGE (EIN 23-1352008)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-08
- IRS object ID
- 201343129349301769
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-08T13:06:14-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231352008 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The American College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AMER | NameControl |
| Phone | 6105261510 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 S Bryn Mawr Avenue | AddressLine1 |
| City | Bryn Mawr | City |
| State | PA | State |
| ZIP Code | 19010 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Neal RFegely | Name |
| Title | Chief Operating Officer | Title |
| Phone | 6105261501 | Phone |
| Date Signed | 2013-11-08 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Laurence Barton | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 S Bryn Mawr Avenue | AddressLine1 |
| City | Bryn Mawr | City |
| State | PA | State |
| ZIP Code | 19010 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 33576657 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.theamericancollege.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2012 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | The mission of The American College is to raise the level of professionalism of its students and, by extension, the financial services industry as a whole. By imparting expert knowledge and by emphasizing that such knowledge must be regularly renewed and ethically applied, the College seeks to strengthen not only its students' professionalism, but also the financial security of individuals, families, businesses, and the societies they serve. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 48 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 47 | NbrIndependentVotingMembers |
| Total Nbr Employees | 238 | TotalNbrEmployees |
| Total Nbr Volunteers | 90 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7509608 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2636708 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 27614571 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 28995853 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 679113 | InvestmentIncomePriorYear |
| Investment Income Current Year | 700767 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1817858 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1243329 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 37621150 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33576657 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15485325 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16182672 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1967657 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13673071 | OtherExpensePriorYear |
| Other Expenses Current Year | 14265732 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 29158396 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30448404 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8462754 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3128253 | RevenuesLessExpensesCY |
| Total Assets BOY | 53143353 | TotalAssetsBOY |
| Total Assets EOY | 57885011 | TotalAssetsEOY |
| Total Liabilities BOY | 12935272 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11375706 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 40208081 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46509305 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The mission of The American College is to raise the level of professionalism of its students and, by extension, the financial services industry as a whole. By imparting expert knowledge and by emphasing that such knowledge must be regularly renewed and ethically applied, the College seeks to strengthen not only its students' professionalism, but also the financial security of individuals, families, businesses, and the societies they serve. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13164345 | Expense |
| Revenue | 21440788 | Revenue |
| Description | Solomon S. Huebner School - The Huebner School administers the curriculum leading to the CLU, ChFC, RHU, REBC, CLF, CASL, RICP, and ChHC professional designations. There are approximately 16,900 students enrolled in these programs. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2917705 | Expense |
| Revenue | 4462507 | Revenue |
| Description | LUTC Program - The LUTC program administers the curriculum leading to the LUTCF and FSS professional designations. There are approximately 6,500 students enrolled in these programs. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1637427 | Expense |
| Revenue | 2431345 | Revenue |
| Description | Richard D. Irwin School of Management - The Irwin School administers the curriculum leading to the Master of Science degree. Specialities are offerred in Financial Planning and Advanced Leadership. There are approximately 800 students in the Graduate School. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 689574 | Expense |
| Revenue | 661214 | Revenue |
| Description | Corporate Consulting Center - Provides customized training and education to client companies in the financial services arena utilizing the College's resources. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 689574 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 661214 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 18409051 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 270 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 238 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 48 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 47 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John G Wells Treasurer | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6105261510 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 S Bryn Mawr Avenue | AddressLine1 |
| City | Bryn Mawr | City |
| State | PA | State |
| ZIP Code | 19010 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (59 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Michael A Bell | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Wendy A Benson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Lee V Bethel | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Christopher O Blunt | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Peter C Browne | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Edward W Cassidy | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Nicholas M Cecere | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Susan M Cooper | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael J Corey | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Ralph L Crews | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael C Davidson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| J Scott Davison | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Caroline Feeney | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Peter A Golato | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| John W Greene | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Randall H Harbert | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Thomas H Harris | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| John L Haver | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Gary T Huffman | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Fred H Jonske | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael L Kalen | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Terri R Kallsen | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Karen Eilers Lahey | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| James J Meehan | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| James A Mitchell | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Deanna M Mulligan | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Linda S Need | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Bruce G Parker | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Scott R Perry | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert B Plybon | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Reginald N Rabjohns | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Phillip C Richards | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael Rosenzweig | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| David R Rubinowitz | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Albert J Schiff | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Todd M Schoon | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert D Shapiro | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Frederick J Sievert | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| J Eric Smith | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Nikki L Sorum | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Leo C Tucker | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael J Vietri | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert J Wernecke | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Doyle J Williams | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Charles R Wright | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert Wright | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Laurence Barton | |||||||||
| President & CEO | 39.00 | 1223542 | 0 | 32793 | 1.00 | X | |||
| Neal R Fegely | |||||||||
| Chief Operating Officer | 39.00 | 416148 | 0 | 28454 | 1.00 | X | |||
| John G Wells | |||||||||
| Treasurer & Controller | 40.00 | 93228 | 0 | 8441 | X | ||||
| Walter Woerheide | |||||||||
| Vice President and Academic Dean | 40.00 | 271169 | 0 | 28981 | X | ||||
| Jack Hondros | |||||||||
| Chief Marketing Officer | 40.00 | 285469 | 0 | 29242 | X | ||||
| Stephen Tarr | |||||||||
| Senior Vice President | 40.00 | 192760 | 0 | 23752 | X | ||||
| Edward McEvoy | |||||||||
| Chief Technology Officer | 40.00 | 169005 | 0 | 11436 | X | ||||
| Charles Cronin | |||||||||
| Senior Vice President - Advancement | 39.00 | 211096 | 0 | 8923 | 1.00 | X | |||
| Glenn Boseman | |||||||||
| Dean - Graduate School | 32.00 | 278176 | 0 | 19563 | X | ||||
| Craig Lemoine | |||||||||
| Assistant Professor - Financial Planning | 32.00 | 272558 | 0 | 8115 | X | ||||
| Paul Tanella | |||||||||
| Vice President - Sales | 40.00 | 232751 | 0 | 14411 | X | ||||
| David Littell | |||||||||
| Professor of Taxation | 32.00 | 212905 | 0 | 11766 | X | ||||
| Mary Quist-Newins | |||||||||
| Assistant Professor - Women's Studies | 32.00 | 203429 | 0 | 9009 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4062236 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 234886 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Oberon Technologies Inc | |||||
| 2640 Wildwood Trail | Saline | MI | 48176 | Software/editorial support | 189999 |
| Evans Continental LLC | |||||
| 3649 W Road | Signal Mountain | TN | 37377 | Management/sales consulting | 147549 |
| Cedarcrestone Inc | |||||
| PO Box 402521 | Atlanta | GA | 303842521 | Software consulting | 128584 |
| Matthew Greenwald & Associates Inc | |||||
| 4201 Connecticut Avenue NW Suite | Washington | DC | 20008 | Research study | 123275 |
| O3 World LLC | |||||
| 1339 Frankford Avenue Suite 3 | Philadelphia | PA | 19125 | Software Development | 113328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 2636708 | AllOtherContributions |
| Noncash Contributions | 31799 | NoncashContributions |
| Total Contributions | 2636708 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Solomon S. Huebner Sch | 611310 | 21440787 | 21440787 |
| LUTC Program | 611310 | 4462507 | 4462507 |
| Richard D. Irwin Gradu | 611310 | 2431345 | 2431345 |
| Corporate Consulting C | 611310 | 661214 | 661214 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 28995853 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 700767 | TotalRevenueColumn |
| Exclusion | $700,767 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| PACE fees | 611310 | 402606 | 402606 | |
| Royalties | 611310 | 215547 | $215,547 | |
| Ethics membership fees | 611310 | 149000 | 149000 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 476176 | TotalRevenueColumn |
| Related Or Exempt Function Income | 476176 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1243329 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33576657 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30023635 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $916,314 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1719456 | Total |
| Management And General | 1719456 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1191093 | Total |
| Program Services | 280708 | ProgramServices |
| Management And General | 696462 | ManagementAndGeneral |
| Fundraising | 213923 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10025335 | Total |
| Program Services | 7361082 | ProgramServices |
| Management And General | 2016767 | ManagementAndGeneral |
| Fundraising | 647486 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598035 | Total |
| Management And General | 598035 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1687241 | Total |
| Program Services | 2329955 | ProgramServices |
| Management And General | -878936 | ManagementAndGeneral |
| Fundraising | 236222 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 961512 | Total |
| Management And General | 961512 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188098 | Total |
| Program Services | 30041 | ProgramServices |
| Management And General | 151700 | ManagementAndGeneral |
| Fundraising | 6357 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92000 | Total |
| Management And General | 92000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1645938 | Total |
| Program Services | 979231 | ProgramServices |
| Management And General | 295891 | ManagementAndGeneral |
| Fundraising | 370816 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1190259 | Total |
| Program Services | 1111412 | ProgramServices |
| Management And General | 16121 | ManagementAndGeneral |
| Fundraising | 62726 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 319044 | Total |
| Program Services | 332061 | ProgramServices |
| Management And General | -36283 | ManagementAndGeneral |
| Fundraising | 23266 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 801703 | Total |
| Program Services | 733828 | ProgramServices |
| Management And General | 67875 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41171 | Total |
| Program Services | 41171 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1804917 | Total |
| Program Services | 45402 | ProgramServices |
| Management And General | 1759515 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511420 | Total |
| Program Services | 306576 | ProgramServices |
| Management And General | 145079 | ManagementAndGeneral |
| Fundraising | 59765 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4088622 | Total |
| Program Services | 3409713 | ProgramServices |
| Management And General | 346223 | ManagementAndGeneral |
| Fundraising | 332686 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1077174 | Total |
| Management And General | 1077174 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 333202 | Total |
| Program Services | 237 | ProgramServices |
| Management And General | 332965 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Printing and publicatio | 1045328 | 1041246 | 4907 | -825 |
| Bank service charges/cr | 388504 | 0 | 388504 | 0 |
| Professional developmen | 215761 | 226577 | -13914 | 3098 |
| Bad debt expense | 136933 | 32524 | 104409 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385658 | Total |
| Program Services | 147287 | ProgramServices |
| Management And General | 226234 | ManagementAndGeneral |
| Fundraising | 12137 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30448404 | Total |
| Program Services | 18409051 | ProgramServices |
| Management And General | 10071696 | ManagementAndGeneral |
| Fundraising | 1967657 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8571805 | BOY |
| EOY | 13875795 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8159939 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7083694 | BOY |
| EOY | 5456202 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2844050 | BOY |
| EOY | 3361384 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393782 | BOY |
| EOY | 329097 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 586208 | BOY |
| EOY | 800913 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 16851853 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13814007 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3631559 | BOY |
| EOY | 3037846 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19654045 | BOY |
| EOY | 28550028 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2218271 | BOY |
| EOY | 2473746 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53143353 | BOY |
| EOY | 57885011 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5372788 | BOY |
| EOY | 5631647 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1697642 | BOY |
| EOY | 1396942 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5864842 | BOY |
| EOY | 4347117 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12935272 | BOY |
| EOY | 11375706 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31673874 | BOY |
| EOY | 37251053 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8534207 | BOY |
| EOY | 9258252 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40208081 | BOY |
| EOY | 46509305 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53143353 | BOY |
| EOY | 57885011 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3128253 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1621313 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1551658 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Of4955 Tax | 0 | AmtOf4955Tax |
| Amt Of4955 Tax On Managers | 0 | AmtOf4955TaxOnManagers |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 7319 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 7319 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 304441085 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 304448404 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 12297 | CurrentYearMinus3 |
| Current Year Minus2 | 19440 | CurrentYearMinus2 |
| Current Year Minus1 | 2937 | CurrentYearMinus1 |
| Current Year | 7319 | CurrentYear |
| Total | 41993 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV, Supplemental Information: | Identifier |
| Explanation | Part I-A, Line 1; The College worked with organizations including trade associations in opposition to proposed legislation that would adversly impact one or more of its designations. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34956582 | BeginningOfYearBalance |
| Contributions | 3642329 | Contributions |
| Investment Earnings Or Losses | 3687000 | InvestmentEarningsOrLosses |
| Other Expenditures | 975004 | OtherExpenditures |
| End Of Year Balance | 41310907 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34827356 | BeginningOfYearBalance |
| Contributions | 1711521 | Contributions |
| Investment Earnings Or Losses | -301942 | InvestmentEarningsOrLosses |
| Other Expenditures | 1280353 | OtherExpenditures |
| End Of Year Balance | 34956582 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31985325 | BeginningOfYearBalance |
| Contributions | 380624 | Contributions |
| Investment Earnings Or Losses | 3087692 | InvestmentEarningsOrLosses |
| Other Expenditures | 626285 | OtherExpenditures |
| End Of Year Balance | 34827356 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25984363 | BeginningOfYearBalance |
| Contributions | 2165832 | Contributions |
| Investment Earnings Or Losses | 5124590 | InvestmentEarningsOrLosses |
| Other Expenditures | 1289460 | OtherExpenditures |
| End Of Year Balance | 31985325 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32907896 | BeginningOfYearBalance |
| Contributions | 1245573 | Contributions |
| Investment Earnings Or Losses | -6923779 | InvestmentEarningsOrLosses |
| Other Expenditures | 1245327 | OtherExpenditures |
| End Of Year Balance | 25984363 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.31000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.56600 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4123328 | OtherCostOrOtherBasis |
| Depreciation | 1169411 | Depreciation |
| Book Value | 2953917 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12728525 | OtherCostOrOtherBasis |
| Depreciation | 12644596 | Depreciation |
| Book Value | 83929 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3037846 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| University City Science Center stock | 1000 | C |
| Investment portfolio | 28549028 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 28550028 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuity obligation | $233,282 |
| Accrued pension costs | $4,113,835 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4347117 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 36221629 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1621313 | NetUnrealizedGainsInvestments |
| Other Revenues | 1023659 | OtherRevenues |
| Revenue Not Rptd F990 | 2644972 | RevenueNotRptdF990 |
| Revenue Subtotal | 33576657 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 33576657 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 30448404 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 30448404 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30448404 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | Accounting principles generally accepted in the United States of America requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their income tax returns. Management has evaluated the impact of this standard and believes that it does not have a material impact on the amounts reported in the College's consolidated financial statements. The College recognizes accrued interest and penalties associated with uncertain tax positions, if any, as part of the income tax provision. There was no income tax related interest and penalties recorded for the years ended December 31, 2012 and 2011. The tax returns of the College for the years ended December 31, 2009, 2010, and 2011 are subject to examination by the Internal Revenue Service and other various taxing authorities, generally for three years after they were filed. |
| Part XI, Line 2d - Other Adjustments: | Transfer of net assets from The American College Foundation - EIN 23-301530 1023659. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 0 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 0 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | The non-discrimination policy is published in our brochures, on our admission and matriculation forms, and appears on the College's website as part of its privacy policy. |
| Explanation of Document Retention | Schedule E, Part I, Line 4 | The American College neither requests nor requires ethnic or gender information from students who are matriculating or enrolling for courses at the graduate or designation level. The American College neither requests nor requires ethnic or gender information from students who are applying for scholarships to its designation or graduate programs. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| Harris Connect | ||||||||
| 1511 Rt 22 - Suite C-25 | Brewster | NY | 10509 | Phone solicitation | 0 | 117856 | 122145 | -4289 |
| Schultz & Williams Inc | ||||||||
| 325 Chestnut St Suite 700 | Philadelphia | PA | 191062422 | Campaign consulting | 0 | 0 | 21665 | -21665 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 117856 | TotalGrossReceipts |
| Total Retained By Contractors | 143810 | TotalRetainedByContractors |
| Total Net To Organization | -25954 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Tuition assistance | TypeOfGrant |
| Number Of Recipients | 45 | NumberOfRecipients |
| Amount Of Cash Grant | 39194 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The College uses an excel spreadsheet and a series of contracts within its billing system to track and maintian activity for recipients of tuition assistance. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 1 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 1 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Laurence Barton | ||||||||||||||
| President & CEO | 467692 | 0 | 135000 | 0 | 620850 | 0 | 14087 | 0 | 18706 | 0 | 1256335 | 0 | 0 | 0 |
| Neal R Fegely | ||||||||||||||
| Chief Operating Officer | 250000 | 0 | 40000 | 0 | 126148 | 0 | 16250 | 0 | 12204 | 0 | 444602 | 0 | 0 | 0 |
| Walter Woerheide | ||||||||||||||
| Vice President and Academic Dean | 177490 | 0 | 10000 | 0 | 83679 | 0 | 14199 | 0 | 14782 | 0 | 300150 | 0 | 0 | 0 |
| Jack Hondros | ||||||||||||||
| Chief Marketing Officer | 218558 | 0 | 51875 | 0 | 15036 | 0 | 13805 | 0 | 15437 | 0 | 314711 | 0 | 0 | 0 |
| Stephen Tarr | ||||||||||||||
| Senior Vice President | 161716 | 0 | 20000 | 0 | 11044 | 0 | 12937 | 0 | 10815 | 0 | 216512 | 0 | 0 | 0 |
| Edward McEvoy | ||||||||||||||
| Chief Technology Officer | 156154 | 0 | 10000 | 0 | 2851 | 0 | 10292 | 0 | 1144 | 0 | 180441 | 0 | 0 | 0 |
| Charles Cronin | ||||||||||||||
| Senior Vice President - Advancement | 180000 | 0 | 25000 | 0 | 6096 | 0 | 7598 | 0 | 1325 | 0 | 220019 | 0 | 0 | 0 |
| Glenn Boseman | ||||||||||||||
| Dean - Graduate School | 168620 | 0 | 0 | 0 | 109556 | 0 | 13190 | 0 | 6373 | 0 | 297739 | 0 | 0 | 0 |
| Craig Lemoine | ||||||||||||||
| Assistant Professor - Financial Plan | 114029 | 0 | 0 | 0 | 158529 | 0 | 6896 | 0 | 1219 | 0 | 280673 | 0 | 0 | 0 |
| Paul Tanella | ||||||||||||||
| Vice President - Sales | 142956 | 0 | 70205 | 0 | 19590 | 0 | 8240 | 0 | 6171 | 0 | 247162 | 0 | 0 | 0 |
| David Littell | ||||||||||||||
| Professor of Taxation | 106068 | 0 | 0 | 0 | 106837 | 0 | 5614 | 0 | 6152 | 0 | 224671 | 0 | 0 | 0 |
| Mary Quist-Newins | ||||||||||||||
| Assistant Professor - Women's Studie | 160209 | 0 | 0 | 0 | 43220 | 0 | 7531 | 0 | 1478 | 0 | 212438 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 1a | Part I, Line 1a; The President & CEO's spouse accompanies him on trips to Board meetings and other events where she entertains trustee spouses, holding breakfasts, lunches, and leading tours and other outings. The President & CEO must obtain approval from the Board Chairman each time his spouse accompanies him. At the instruction of the Board's Compensation Committee, Participants in the ISERP Plan were partially grossed up to offset the tax impact of taxable distributions made in 2012. | |
| Part I, Line 3 | The College's Compensation Committee, composed of Board members, determines the base compensation and annual incentive award of the President & CEO as well as other payouts for both the President & CEO and the COO and select senior management. This process involves evaluating payments proposed by the President & CEO and using an independent compensation consultant as needed. | |
| Part I, Line 4b | The following employees had the respective amounts contributed to the College's Individual Supplemental Employee Retirement Plan (ISERP) in 2012: Laurence Barton - $83,750 Neal Fegely - $25,150 Jack Hondros - $16,750 Stephen Tarr - $16,750 Walter Woerheide - $16,750 | |
| Part I, Line 5 | Part I, Line 5: The President & CEO and COO had a three year performance incentive plan that ran from January 1, 2008 through December 31, 2010. The plan consisted of 5 distinct elements and included meeting consolidated revenue targets (including both the College and The American College Foundation EIN 23-3015130) as one of the criteria which was weighted between 15% and 20% of the elements of the plan. The covered individuals must have been on staff as of December 31, 2010 in order to be eligible for an award that was paid in 2011 and 2012. The President & CEO, COO, and CMO (Chief Marketing Officer) have a three year performance incentive plan that runs from January 1, 2011 through December 31, 2013. The plan consists of 7 distinct elements and includes meeting consolidated revenue and operating margin targets (including both the College and The American College Foundation EIN 23-3015130) as two of the criteria which are weighted between 15% and 30% of the elements of the plan. The covered individuals must be on staff as of December 31, 2013 in order to be eligible for an award that will be payable in 2014 through 2016. | |
| Part I, Line 6 | Part I, Line 5: The President & CEO and COO had a three year performance incentive plan that ran from January 1, 2008 through December 31, 2010. The plan consisted of 5 distinct elements and included meeting consolidated revenue targets (including both the College and The American College Foundation EIN 23-3015130) as one of the criteria which was weighted between 15% and 20% of the elements of the plan. The covered individuals must have been on staff as of December 31, 2010 in order to be eligible for an award that was paid in 2011 and 2012. The President & CEO, COO, and CMO (Chief Marketing Officer) have a three year performance incentive plan that runs from January 1, 2011 through December 31, 2013. The plan consists of 7 distinct elements and includes meeting consolidated revenue and operating margin targets (including both the College and The American College Foundation EIN 23-3015130) as two of the criteria which are weighted between 15% and 30% of the elements of the plan. The covered individuals must be on staff as of December 31, 2013 in order to be eligible for an award that will be payable in 2014 through 2016. | |
| Part III | Part II Col B (iii) explanation - Laurence Barton, President & CEO 1. $457,500 - 2012 payment for multi-year incentinve 2. $83,750 - SERP current year funding. 3. $79,601 - Additional compensation for teaching various programs not included in the base salary. Total Other Reportable Compensation is $620,851. The President & CEO is not compensated for his additional role as Professor of Management. He derives additional compensation for periodic teaching of courses. | Supplemental Information |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 31799 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section B, line 11 | The Form 990 is completed by Finance staff and reviewed by the Chief Operating Officer for accuracy and completeness. It is then reviewed by the College's independent auditors. Once these steps are completed, it is presented to the College's Board of Trustees for their review. This process involves sending the completed form along with relevant instructions and explanations and following up with a Board-wide conference call question and answer session. Once this process has been completed, the Form 990 is electronically filed. | |
| Form 990, Part VI, Section B, line 12c | All members of the College's Board of Trustees and defined administrative employees are required to complete the conflict of interest form annually. The returned forms are tabulated to ensure 100% response. The results of the responses are communicated to the Audit Committee by the Chief Operating Officer. Any positive responses are reviewed by the Audit Committee and independent auditors and appropriate action is recommended. | |
| Form 990, Part VI, Section B, line 15 | The College has a relationship with an independent compensation consultant who provides information as requested by the Compensation Committee for deliberation. Annually, the Compensation Committee will approve the compensation of the President & CEO and select senior staff with input from the independent consultant. The President & CEO will recommend and obtain Board approval for the compensation for the key employees/disqualified persons. Historically, the data is compared with data provided by the compensation consultant. If there are any concerns, the Committee would contact the compensation consultant. | |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy, and financial statements are made available to the public on an as requested basis. | |
| Form 990, Part XI, line 9: | Net assets transferred from The American College Foundation - #23-3015130 1023659. Decrease in minimum pension liability 527999. | Changes in Net Assets or Fund Balances: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The American College Foundation | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 270 S Bryn Mawr Avenue | AddressLine1 |
| City | Bryn Mawr | City |
| State | PA | State |
| ZIP Code | 19010 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 233015130 | EIN |
| Primary Activities | Solicit and manage funds for the benefit of The American College | PrimaryActivities |
| Legal Domicile State | PA | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 11a, I | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |