CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS INC (EIN 74-2385850)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201223199349307217
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T20:24:42-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 N FAIRFAX DRIVE SUITE 1020 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742385850 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CERTIFIED FINANCIAL PLANNER BOARD OF | BusinessNameLine1 |
| Business Name Line2 | STANDARDS INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CERT | NameControl |
| Phone | 2023792200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1425 K STREET NW NO 500 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20005 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER C MYERS JR | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 2023792200 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN GRIES | Name |
| PTIN | P00078514 | PTIN |
| Phone | 5712279500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEVIN R KELLER CEO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1425 K STREET NW NO 500 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20005 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 29821392 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CFP.NET | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1985 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | TO BENEFIT THE PUBLIC BY GRANTING THE CFP CERTIFICATION AND UPHOLDING IT AS THE RECOGNIZED STANDARD OF EXCELLENCE FOR COMPETENT AND ETHICAL PERSONAL FINANCIAL PLANNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 74 | TotalNbrEmployees |
| Total Nbr Volunteers | 160 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16535014 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20936366 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1091861 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1925953 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17636875 | TotalRevenuePriorYear |
| Total Revenue Current Year | 22862319 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9543 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 27000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6580235 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6891933 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8420575 | OtherExpensePriorYear |
| Other Expenses Current Year | 18751427 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15010353 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25670360 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2626522 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2808041 | RevenuesLessExpensesCY |
| Total Assets BOY | 42918811 | TotalAssetsBOY |
| Total Assets EOY | 36903883 | TotalAssetsEOY |
| Total Liabilities BOY | 15565258 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13985160 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 27353553 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 22918723 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO BENEFIT THE PUBLIC BY GRANTING THE CFP CERTIFICATION AND UPHOLDING IT AS THE RECOGNIZED STANDARD OF EXCELLENCE FOR COMPETENT AND ETHICAL PERSONAL FINANCIAL PLANNING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 9205441 | Expense |
| Grants | 0 | Grants |
| Revenue | 2205268 | Revenue |
| Description | PUBLIC AWARENESS CAMPAIGN: THE MISSION OF CERTIFIED FINANCIAL PLANNER BOARD OF STANDARDS, INC. IS TO BENEFIT THE PUBLIC BY GRANTING THE CFP CERTIFICATION AND UPHOLDING IT AS THE RECOGNIZED STANDARD OF EXCELLENCE FOR PERSONAL FINANCIAL PLANNING. THE CURRENT PUBLIC AWARENESS OF THE CFP CERTIFICATION IS LOW (28% AIDED AWARENESS BASED ON A 2009 SURVEY); THE CFP BOARD HAS DETERMINED THAT AN IMPORTANT PRIORITY OF THE CFP BOARD SHOULD BE TO BUILD THE PUBLIC AWARENESS OF THE CFP CERTIFICATION. IN PURSUIT OF THIS PRIORITY THE CFP BOARD HAS CREATED A PUBLIC AWARENESS CAMPAIGN THAT INCLUDES A MIX OF ONLINE, CABLE TV AND PRINT ADVERTISING. ADDITIONALLY, THE "LET'S MAKE A PLAN" WEBSITE WAS CREATED TO INCREASE THE PUBLIC'S AWARENESS OF THE VALUE OF FINANCIAL PLANNING AND HOW A CFP PROFESSIONAL CAN HELP YOU PULL YOUR FINANCIAL LIFE TOGETHER. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4487082 | Expense |
| Grants | 27000 | Grants |
| Revenue | 983911 | Revenue |
| Description | EDUCATION: AS A FIRST STEP TOWARD CFP CERTIFICATION, AN INDIVIDUAL IS REQUIRED TO COMPLETE AN EDUCATION REQUIREMENT WHICH COVERS NEARLY 100 INTEGRATED FINANCIAL PLANNING TOPICS. THE COURSE OF STUDY IS OFFERED AT OVER 200 ACCREDITED COLLEGES AND UNIVERSITIES IN THE U.S., IN DEGREE (BACHELORS, MASTERS, PHD) AND CERTIFICATE PROGRAMS. ON AN ANNUAL BASIS, CFP BOARD REGISTERS OVER 300 FINANCIAL PLANNING PROGRAMS AND REVIEWS THEIR CURRICULUM AND FACULTY QUALIFICATIONS TO ENSURE THAT THE TEACHING AND LEARNING MEETS ESTABLISHED STANDARDS. AFTER INITIAL CERTIFICATION, CFP PROFESSIONALS ARE REQUIRED TO COMPLETE CONTINUING EDUCATION REQUIREMENTS FOR BIENNIAL RENEWAL REQUIREMENTS TO ENSURE THE PUBLIC OF ONGOING COMPETENCY. CFP BOARD ANNUALLY REGISTERS ALMOST 1,500 CONTINUING EDUCATION ("CE") SPONSORS WHICH AGREE TO DELIVER HIGH QUALITY PROGRAMS BY QUALIFIED INSTRUCTORS WHICH MEET FINANCIAL PLANNING TOPIC REQUIREMENTS. IN 2011, CFP BOARD REVIEWED AND APPROVED OVER 12,000 CE PROGRAMS WHICH MET ESTABLISHED STANDARDS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3167251 | Expense |
| Grants | 0 | Grants |
| Revenue | 270819 | Revenue |
| Description | COMMUNICATIONS AND OUTREACH: CFP BOARD COMMUNICATIONS AND OUTREACH INCLUDES PUBLIC RELATIONS, CONSUMER ADVOCACY AND OUTREACH, CFP CERTIFICANT COMMUNICATIONS, BUSINESS DEVELOPMENT, EDUCATIONAL MATERIALS, CFP.NET WEBSITE AND OTHER INITIATIVES. OUR EFFORTS UTILIZE EARNED AND SOCIAL MEDIA, OUR WEBSITE AND SPEAKING APPEARANCES TO EDUCATE THE PUBLIC ABOUT THE BENEFITS OF PERSONAL FINANCIAL PLANNING. OUR CONSUMER OUTREACH EFFORTS CONSISTED OF PARTNERSHIPS WITH PUBLIC INTEREST GROUPS, SUCH AS THE FINANCIAL PLANNING DAYS PROGRAM THAT PROVIDED PRO BONO FINANCIAL ADVICE TO THOUSANDS OF CONSUMERS NATIONWIDE. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 2849520 | 0 | 77100 | ENFORCEMENT OF PROFESSIONAL STANDARDS: CFP BOARD PROVIDES A FAIR DISCIPLINARY AND INVESTIGATIVE PROCESS FOR REVIEWING ALLEGEDLY UNETHICAL CONDUCT. IN 2011, OVER 1,200 PROFESSIONAL REVIEW CASES WERE OPENED WHICH RESULTED IN 134 HEARINGS BEFORE THE DISCIPLINARY AND ETHICS COMMISSION. IN 2011, CFPBOARD CONTINUED ITS ENFORCEMENT OF THE STANDARDS OF PROFESSIONAL CONDUCT, WHICH INCLUDES A REQUIREMENT THAT CERTIFICANTS PROVIDE SERVICE TO FINANCIAL PLANNING CLIENTS AT A FIDUCIARY STANDARD OF CARE. CFP BOARD ALSO CONTINUED ITS WORK TO PROTECT THE CFP CERTIFICATION MARKS FROM UNAUTHORIZED USE AND MISUSE. |
| 2397514 | 0 | 17275519 | EXAMINATION AND CERTIFICATION: IN 2011, OVER 8,500 CFP PROFESSIONAL CANDIDATES REGISTERED TO TAKE THE CFP EXAM. SUCCESSFUL COMPLETION OF THE EXAM PLUS EDUCATIONAL, EXPERIENCE AND ETHICAL STANDARDS/REQUIREMENTS NEED TO BE MET BEFORE CFP CERTIFICATION IS GRANTED; THERE WERE OVER 64,000 CFP PROFESSIONALS AT THE END OF 2011, OF WHICH 3,400 WERE GRANTED INITIAL CERTIFICATION IN 2011. |
| 2043272 | 0 | 0 | PUBLIC ADVOCACY: DURING 2011, CFP BOARD WORKED TO PURSUE FINANCIAL REGULATORY REFORMS AIMED AT INVESTOR PROTECTION INCLUDING THE REGULATION OF THOSE WHO HOLD THEMSELVES OUT AS FINANCIAL PLANNERS, THE ESTABLISHMENT OF A FIDUCIARY STANDARD OF CARE FOR THE DELIVERY OF INVESTMENT ADVICE, AND THE APPROPRIATE OVERSIGHT OF REGISTERED INVESTMENT ADVISORS. CFP BOARD HELPED SECURE KEY INVESTOR PROTECTIONS IN THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT TO ADVANCE THESE POLICIES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 7290306 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 17352619 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 24150080 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | 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 | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | 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 | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 48 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 74 | 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 | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | 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 |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROGER C MYERS JR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2023792260 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1425 K STREET NW SUITE 500 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20005 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| CHARLES A MORAN | |||||||||
| CHAIR, BOARD OF DIRECTORS | 3.00 | X | X | 0 | 0 | 0 | |||
| CHARLES GOLDMAN | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| ALAN K GOLDFARB | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| ROBERT HAYDEN | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| CHARLES D ROBINSON | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| JOAN SYLVESTER WISE | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| SUSAN MEISINGER | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| RICHARD SINCERE | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| RICHARD ROJECK | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| SUSAN HIRSHMAN | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| NANCY A KISTNER | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| TERRY LISTER | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| RAY FERRARA | |||||||||
| MEMBER, BOARD OF DIRECTORS | 1.00 | X | 0 | 0 | 0 | ||||
| KEVIN R KELLER | |||||||||
| CHIEF EXECUTIVE OFFICER | 50.00 | X | 668926 | 0 | 169292 | ||||
| ROGER C MYERS JR | |||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | X | 19169 | 0 | 1956 | ||||
| MICHAEL SHAW | |||||||||
| CORP SEC/MANAGING DIR-PROF | 50.00 | X | 254109 | 0 | 26343 | ||||
| MARILYN MOHRMAN-GILLIS | |||||||||
| MANAGING DIRECTOR, PUBLIC POLICY AND COMMUNICATION | 50.00 | 280613 | 0 | 38441 | X | ||||
| MICHELE WARHOLIC WETHERALD | |||||||||
| MANAGING DIRECTOR, EXAMS/EDUCATION AND TALENT | 50.00 | 242828 | 0 | 24636 | X | ||||
| THOMAS CROWDER | |||||||||
| MANAGING DIRECTOR, MARKETING AND BUSINESS DEVELOPM | 50.00 | 235338 | 0 | 28225 | X | ||||
| DAN DRUMMOND | |||||||||
| DIRECTOR OF PUBLIC RELATIONS | 50.00 | 135894 | 0 | 24083 | X | ||||
| STEVEN E BARKLEY | |||||||||
| DIRECTOR OF EXAMINATIONS | 50.00 | 171096 | 0 | 25046 | X | ||||
| JOSEPH MAUGERI | |||||||||
| DIRECTOR OF BUSINESS DEVELOPMENT | 50.00 | 129067 | 0 | 19271 | X | ||||
| ROBERT C NEDBAL | |||||||||
| DIRECTOR OF INFORMATION SYSTEMS | 50.00 | 154774 | 0 | 24821 | X | ||||
| TIMOTHY B STIFEL | |||||||||
| DIRECTOR OF STAKEHOLDER COMMUNICATIONS | 50.00 | 146462 | 0 | 21859 | X | ||||
| DON I THARPE | |||||||||
| CHIEF OPERATING OFFICER | 50.00 | 212703 | 0 | 9245 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2650979 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 413218 | TotalOtherCompensation |
| Number Individuals GT100 K | 17 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|
| ARNOLD WORLDWIDE LLC | |||||
| PO BOX 845518 | BOSTON | MA | 022845518 | MARKETING/ADVERTISING | 9156305 |
| UHY ADVISORS DC INC | |||||
| 30 SOUTH WACKER DRIVE SUITE 2850 | CHICAGO | IL | 60606 | FACILITY RENT | 1178156 |
| PROMETRIC INC | |||||
| PO BOX 223608 | PITTSBURGH | PA | 152512608 | CERTIFICATION TESTING SERVICES | 849131 |
| AVECTRA | |||||
| 75 REMITTANCE DRIVE SUITE 6012 | CHICAGO | IL | 606756012 | IT/SOFTWARE SERVICES | 696332 |
| THE BOSTON CONSULTING GROUP | |||||
| PO BOX 75200 | CHICAGO | IL | 606755200 | CONSULTING SERVICES | 455000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 42 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| CERTIFICATION FEES | 900099 | 11402669 | 11402669 | |
| EXAM FEES | 900099 | 5315740 | 5315740 | |
| PUBLIC AWARENESS CAMPA | 900099 | 2205268 | 2205268 | |
| EDUCATIONAL FEES | 900099 | 862299 | 862299 | |
| OTHER PROGRAM REVENUES | 900099 | 802950 | 679201 | $123,749 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 347440 | TotalRevenueColumn |
| Related Or Exempt Function Income | 347440 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20936366 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1445476 | TotalRevenueColumn |
| Exclusion | $1,445,476 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7439550 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6959073 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 480477 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 480477 | TotalRevenueColumn |
| Exclusion | $480,477 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22862319 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20812617 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,049,702 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27000 | Total |
| Program Services | 27000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1986910 | Total |
| Program Services | 1868421 | ProgramServices |
| Management And General | 118489 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221948 | Total |
| Management And General | 221948 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3652015 | Total |
| Program Services | 3616382 | ProgramServices |
| Management And General | 35633 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243594 | Total |
| Program Services | 229067 | ProgramServices |
| Management And General | 14527 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 445315 | Total |
| Program Services | 445315 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 342151 | Total |
| Program Services | 321747 | ProgramServices |
| Management And General | 20404 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355149 | Total |
| Program Services | 332555 | ProgramServices |
| Management And General | 22594 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42252 | Total |
| Program Services | 31934 | ProgramServices |
| Management And General | 10318 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69000 | Total |
| Program Services | 69000 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75000 | Total |
| Management And General | 75000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3909508 | Total |
| Program Services | 3727036 | ProgramServices |
| Management And General | 182472 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8481121 | Total |
| Program Services | 8481121 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1963693 | Total |
| Program Services | 1889792 | ProgramServices |
| Management And General | 73901 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301626 | Total |
| Program Services | 228355 | ProgramServices |
| Management And General | 73271 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 999999 | Total |
| Program Services | 755796 | ProgramServices |
| Management And General | 244203 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 611098 | Total |
| Program Services | 567480 | ProgramServices |
| Management And General | 43618 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 485893 | Total |
| Program Services | 439159 | ProgramServices |
| Management And General | 46734 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 852091 | Total |
| Program Services | 649247 | ProgramServices |
| Management And General | 202844 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107598 | Total |
| Program Services | 81323 | ProgramServices |
| Management And General | 26275 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PROFESSIONAL DUES | 388530 | 296943 | 91587 |
| PROFESSIONAL DEVELOPMEN | 53195 | 42066 | 11129 |
| RECOGNITION, AWARDS, GI | 25671 | 21132 | 4539 |
| CONTRIBUTION EXPENSE | 25000 | 25000 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5003 | Total |
| Program Services | 4209 | ProgramServices |
| Management And General | 794 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25670360 | Total |
| Program Services | 24150080 | ProgramServices |
| Management And General | 1520280 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2486 | BOY |
| EOY | 662 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9215955 | BOY |
| EOY | 5403204 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156484 | BOY |
| EOY | 102527 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 240648 | BOY |
| EOY | 236237 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4001541 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1977856 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2323213 | BOY |
| EOY | 2023685 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30617096 | BOY |
| EOY | 28687194 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 362929 | BOY |
| EOY | 450374 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42918811 | BOY |
| EOY | 36903883 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2067100 | BOY |
| EOY | 2434685 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12701576 | BOY |
| EOY | 10663716 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 796582 | BOY |
| EOY | 886759 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15565258 | BOY |
| EOY | 13985160 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27353553 | BOY |
| EOY | 22918723 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27353553 | BOY |
| EOY | 22918723 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42918811 | BOY |
| EOY | 36903883 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2808041 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1626789 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 10000 | CurrentTaxYearMinus1Year |
| Total | 10000 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15824513 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16132980 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15863567 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16535014 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20896084 | CurrentTaxYear |
| Total | 85252158 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15824513 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16132980 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15863567 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16545014 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20896084 | CurrentTaxYear |
| Total | 85262158 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 85262158 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1168667 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 780272 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 816232 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1091861 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1445476 | CurrentTaxYear |
| Total | 5302508 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1168667 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 780272 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 816232 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1091861 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1445476 | CurrentTaxYear |
| Total | 5302508 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 60000 | CurrentTaxYearMinus4Years |
| Total | 60000 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 17053180 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16913252 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16679799 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17636875 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22341560 | CurrentTaxYear |
| Total | 90624666 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.94080 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.93540 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.05850 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.05680 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS | GeneralExplanation |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 75000 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 75000 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 25595360 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 25670360 | 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 Minus2 | 828233 | CurrentYearMinus2 |
| Current Year Minus1 | 896768 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 2725001 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,087,502 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 105840 | CurrentYearMinus2 |
| Current Year Minus1 | 164882 | CurrentYearMinus1 |
| Current Year | 75000 | CurrentYear |
| Total | 345722 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 207058 | CurrentYearMinus2 |
| Current Year Minus1 | 224192 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 681250 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,021,875 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 3386 | CurrentYearMinus1 |
| Total | 3386 | Total |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 449450 | OtherCostOrOtherBasis |
| Depreciation | 273514 | Depreciation |
| Book Value | 175936 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 627617 | OtherCostOrOtherBasis |
| Depreciation | 534094 | Depreciation |
| Book Value | 93523 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2924474 | OtherCostOrOtherBasis |
| Depreciation | 1170248 | Depreciation |
| Book Value | 1754226 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2023685 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED RENT | $184,064 |
| CAPITAL LEASE OBLIGATION | $35,935 |
| DEFERRED COMPENSATION | $666,760 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 886759 | TotalOfAmounts |
| Total Revenue | 22862319 | TotalRevenue |
| Total Expenses | 25670360 | TotalExpenses |
| Excess Or Deficit For Year | -2808041 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1626989 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 200 | PriorPeriodAdjustments |
| Total Adjustments | -1626789 | TotalAdjustments |
| Excess Or Deficit Per FS | -4434830 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20936365 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1626989 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -1626989 | RevenueNotRptdF990 |
| Revenue Subtotal | 22563354 | RevenueSubtotal |
| Investment Expenses Not Included | 75000 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 223965 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 298965 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 22862319 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25595360 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 25595360 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 75000 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 75000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 25670360 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | CFP BOARD IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. CFP BOARD ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. CFP BOARD EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. CFP BOARD'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT INCOME 223,965. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL PLANNING ASSOCIATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7535 EAST HAMPDEN AVENUE SUITE 600 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80231 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 841521488 | EINOfRecipient |
| IRC Section | 501(C)(6) | IRCSection |
| Amount Of Cash Grant | 25000 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
| Purpose Of Grant | FINANCIAL PLANNING CHALLENGE IN CONJUNCTION WITH ANNUAL FPA CONFERENCE | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
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: ONE TIME GRANT TO THE FINANCIAL PLANNING ASSOCIATION (FPA) TO PARTIALLY FUND "THE FINANCIAL PLANNING CHALLENGE" HELD AT THE ANNUAL FPA CONFERENCE TO SUPPORT THE NEXT GENERATION OF FINANCIAL PLANNERS; ENGAGING STUDENTS AND PROGRAM DIRECTORS IN THE FINANCIAL PLANNING COMMUNITY; RAISING AWARENESS OF CAREER OPPORTUNITIES, AND ENCOURAGING LEARNING AND NETWORKING IN THE FINANCIAL PLANNING PROFESSION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | 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 (10 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN R KELLER | |||||||||||||
| 350630 | 0 | 82688 | 0 | 235608 | 0 | 150658 | 0 | 18634 | 0 | 838218 | 0 | 116150 | 0 |
| MICHAEL SHAW | |||||||||||||
| 225091 | 0 | 29018 | 0 | 0 | 0 | 20691 | 0 | 5652 | 0 | 280452 | 0 | 0 | 0 |
| MARILYN MOHRMAN-GILLIS | |||||||||||||
| 247224 | 0 | 33389 | 0 | 0 | 0 | 22950 | 0 | 15491 | 0 | 319054 | 0 | 0 | 0 |
| MICHELE WARHOLIC WETHERALD | |||||||||||||
| 214198 | 0 | 28630 | 0 | 0 | 0 | 16270 | 0 | 8366 | 0 | 267464 | 0 | 0 | 0 |
| THOMAS CROWDER | |||||||||||||
| 206750 | 0 | 20000 | 0 | 8588 | 0 | 21753 | 0 | 6472 | 0 | 263563 | 0 | 0 | 0 |
| DAN DRUMMOND | |||||||||||||
| 127062 | 0 | 8832 | 0 | 0 | 0 | 8789 | 0 | 15294 | 0 | 159977 | 0 | 0 | 0 |
| STEVEN E BARKLEY | |||||||||||||
| 155146 | 0 | 15950 | 0 | 0 | 0 | 10341 | 0 | 14705 | 0 | 196142 | 0 | 0 | 0 |
| ROBERT C NEDBAL | |||||||||||||
| 142093 | 0 | 12681 | 0 | 0 | 0 | 17017 | 0 | 7804 | 0 | 179595 | 0 | 0 | 0 |
| TIMOTHY B STIFEL | |||||||||||||
| 132831 | 0 | 13631 | 0 | 0 | 0 | 15956 | 0 | 5903 | 0 | 168321 | 0 | 0 | 0 |
| DON I THARPE | |||||||||||||
| 83953 | 0 | 0 | 0 | 128750 | 0 | 7944 | 0 | 1301 | 0 | 221948 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINES 4A-B | ReturnReference |
| Explanation | PART I, LINE 4A - SEVERANCE - DON I. THARPE- $128,750 PART I, LINE 4B - KEVIN R. KELLER - $235,608 PAYMENT; $119,658 ACCRUAL. KEVIN KELLER RECEIVED $235,608 AS A PAYOUT OF A 457F PLAN. $116,150 WAS PREVIOUSLY REPORTED IN PRIOR RETURNS AS A BENEFIT ACCRUED AND NOT PAID. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE CPA FIRM CLIFTONLARSONALLEN LLP WITH SIGNIFICANT INPUT FROM STAFF. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. ONCE THE AUDIT COMMITTEE HAS APPROVED, IT IS PROVIDED TO THE BOARD OF DIRECTORS. THE FORM 990 IS REVIEWED IN ITS ENTIRETY BY THE BOARD OF DIRECTORS PRIOR TO ITS SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY (THE "POLICY") APPLIES TO: (1) MEMBERS OF CFP BOARD'S BOARD OF DIRECTORS (INCLUDING THE CEO, WHO IS AN EX-OFFICIO DIRECTOR), COMMITTEES, AND TASK FORCES; (2) MEMBERS OF VOLUNTEER COUNCILS, COMMISSIONS, AND WORKING GROUPS; (3) VOLUNTEERS FOR ANY OF THE AFOREMENTIONED BODIES; AND (4) CFP BOARD'S CORPORATE OFFICERS (COLLECTIVELY, REFERRED TO AS "RESPONSIBLE PERSON" OR "RESPONSIBLE PERSONS"). EACH RESPONSIBLE PERSON HAS A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST (REGARDLESS OF WHETHER THE POTENTIAL CONFLICT MAY RESULT IN PERSONAL BENEFIT TO THE RESPONSIBLE PERSON, A FAMILY MEMBER OR A RELATED ENTITY) AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. EACH RESPONSIBLE PERSON MUST COMPLETE A QUESTIONNAIRE PRIOR TO THE COMMENCEMENT OF SERVICE, AND ANNUALLY THEREAFTER. THE GOVERNANCE COMMITTEE IS COMPOSED OF SIX MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE'S DUTIES AND RESPONSIBILITIES ARE SET FORTH IN A GOVERNANCE MANUAL CREATED AND MAINTAINED BY THE COMMITTEE. ANNUAL GOVERNANCE TRAINING IS PROVIDED TO THE BOARD. THE COMMITTEE PROVIDES ANNUAL DISCLOSURE FORMS TO EACH MEMBER OF THE BOARD OF DIRECTORS AS WELL AS OFFICERS. IF A CONFLICT ARISES, THE INDIVIDUAL HAVING THE CONFLICT MUST DISCLOSE THE CONFLICT IN WRITING. THE COMMITTEE IS RESPONSIBLE FOR REVIEWING QUESTIONNAIRES SUBMITTED BY MEMBERS OF THE BOARD (INCLUDING THE CEO), COMMITTEES, AND TASK FORCES; AND CORPORATE OFFICERS, AND DETERMINING WHETHER A PERCEIVED OR ACTUAL CONFLICT OF INTEREST EXISTS. IF THE GOVERNANCE COMMITTEE DETERMINES THAT A PERCEIVED OR ACTUAL CONFLICT OF INTEREST EXISTS WITH RESPECT TO ANY OTHER CORPORATE OFFICER, THE GOVERNANCE COMMITTEE WILL DETERMINE THE APPROPRIATE COURSE OF ACTION. THIS MAY INCLUDE, BUT IS NOT LIMITED TO, DEVELOPING A MITIGATION PLAN OR INVOKING PROCEDURES SIMILAR TO THOSE DESCRIBED BELOW WITH RESPECT TO A CONFLICTING INTEREST TRANSACTION. IF A RESPONSIBLE PERSON BECOMES AWARE THAT CFP BOARD IS ABOUT TO ENTER INTO OR MAKE ANY DECISION INVOLVING A CONFLICTING INTEREST TRANSACTION WITH THE RESPONSIBLE PERSON, A FAMILY MEMBER, A FRIEND OR A RELATED ENTITY, THE RESPONSIBLE PERSON MUST: IMMEDIATELY INFORM THOSE CHARGED WITH APPROVING THE TRANSACTION ON BEHALF OF CFP BOARD OF A PERCEIVED OR ACTUAL CONFLICT OF INTEREST; AND NOT PARTICIPATE IN THE DELIBERATION OR VOTE ON THE DECISION TO ENTER INTO SUCH TRANSACTION, AND NOT ATTEMPT TO EXERT HIS OR HER INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO OVERSIGHT COMMITTEE ESTABLISHES AND MONITORS CEO COMPENSATION TO ENSURE THAT IT IS COMPETITIVE WITH OTHER NON-PROFIT INSTITUTIONS THAT FOCUS ON FINANCIAL SERVICES, LOCATED IN WASHINGTON, DC. THE COMMITTEE CONSISTS OF MEMBERS OF THE BOARD OF DIRECTORS AND DOES NOT INCLUDE THE CEO. THE COMMITTEE ENGAGED A COMPENSATION CONSULTANT TO EVALUATE THE CURRENT CEO SALARY AND STRUCTURE. THE CONSULTANT UTILIZED COMPARABLE DATA IN ORDER TO SUBSTANTIATE THEIR SALARY RECOMMENDATIONS FOR THE CEO. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2012 FOR THE CEO, K. KELLER. THE CEO ENGAGES A COMPENSATION CONSULTANT TO REVIEW AND EVALUATE OTHER OFFICER AND KEY EMPLOYEE SALARIES. THE CONSULTANT UTILIZED COMPARABLE DATA IN ORDER TO SUBSTANTIATE THEIR SALARY RECOMMENDATIONS FOR OTHER OFFICER AND KEY EMPLOYEE SALARIES. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2010 FOR ALL OFFICER AND KEY EMPLOYEE POSITIONS REPORTED IN FORM 990, PART VII. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE AUDITED FINANCIAL STATEMENTS AND BYLAWS ARE AVAILABLE TO STAKEHOLDERS ON THE CFP BOARD WEBSITE. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,626,989. PRIOR PERIOD ADJUSTMENTS: 200. TOTAL TO FORM 990, PART XI, LINE 5: -1,626,789. | CHANGES IN NET ASSETS OR FUND BALANCES: |