GRADUATE MANAGEMENT ADMISSION COUNCIL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- GRADUATE MANAGEMENT ADMISSION COUNCIL (EIN 23-7084339)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-10
- IRS object ID
- 201103149349303770
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T19:23:23-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 SOUTH QUINCY ST SUITE 150 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22206 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237084339 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRADUATE MANAGEMENT ADMISSION COUNCIL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GRAD | NameControl |
| Phone | 7036689600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1 |
| City | RESTON | City |
| State | VA | State |
| ZIP Code | 20190 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHELLI ARNOLD | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 7037490131 | Phone |
| Date Signed | 2011-11-03 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7039985100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID A WILSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1 |
| City | RESTON | City |
| State | VA | State |
| ZIP Code | 20190 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 104323434 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GMAC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | THE COUNCIL IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO ADMINISTER THE GRADUATE MANAGEMENT ADMISSION TEST, CONDUCT EDUCATIONAL RESEARCH AND TO PROVIDE OTHER EDUCATIONAL SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 139 | TotalNbrEmployees |
| Total Nbr Volunteers | 16 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 86000428 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 85054459 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -3093127 | InvestmentIncomePriorYear |
| Investment Income Current Year | 870868 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2057814 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1780000 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 84965115 | TotalRevenuePriorYear |
| Total Revenue Current Year | 87705327 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1019632 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 955264 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19497729 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20544062 | 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 | 61401119 | OtherExpensePriorYear |
| Other Expenses Current Year | 69976710 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 81918480 | TotalExpensesPriorYear |
| Total Expenses Current Year | 91476036 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3046635 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3770709 | RevenuesLessExpensesCY |
| Total Assets BOY | 143217420 | TotalAssetsBOY |
| Total Assets EOY | 153350580 | TotalAssetsEOY |
| Total Liabilities BOY | 29237224 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31259410 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 113980196 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 122091170 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE COUNCIL IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO ADMINISTER THE GRADUATE MANAGEMENT ADMISSION TEST, CONDUCT EDUCATIONAL RESEARCH AND TO PROVIDE OTHER EDUCATIONAL SERVICES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 43286148 | Expense |
| Grants | 16314 | Grants |
| Revenue | 81404356 | Revenue |
| Description | TEST OPERATIONS - GRADUATE MANAGEMENT EDUCATION PROGRAMS EVALUATE APPLICANTS FROM MANY EDUCATIONAL BACKGROUNDS. THE GMAT HELPS SCHOOL PROGRAMS CHOOSE THE STUDENTS WHO ARE MOST LIKELY TO SUCCEED ACADEMICALLY IN A GIVEN PROGRAM. FOR LEADING BUSINESS SCHOOLS WORLDWIDE, THE GMAT IS RECOGNIZED AS THE MOST EFFECTIVE TEST AVAILABLE FOR MATCHING STUDENT COMPETENCIES WITH PROGRAM DEMANDS -REGARDLESS OF PROGRAM TYPE OR THE RACE, GENDER, OR NATIONAL ORIGIN OF STUDENTS. THE GRADUATE MANAGEMENT ADMISSION TEST (GMAT) IS A CRITICAL PART OF THE SELECTIVE ADMISSIONS PROCESS FOR NEARLY 5,000 GRADUATE MANAGEMENT PROGRAMS AT 1,900 SCHOOLS AROUND THE WORLD. FOR MORE THAN 50 YEARS, SCHOOLS HAVE TRUSTED THE GMAT EXAM, A PROVEN AND RELIABLE MEASUREMENT, TO ASSESS CANDIDATES' SKILLS AND PREDICT THEIR SUCCESS IN GRADUATE BUSINESS CURRICULUM. WAYS TO MEASURE - 2010 VALUESTEST REGISTRATIONS - 293,006TESTS TAKEN - 262,135SCORE REPORTS SENT - 840,569NUMBER OF TEST CENTERS AS OF DEC 31, 2010, (ESTIMATED):NORTH AMERICA - 336ASIA PACIFIC - 75EUROPE, MIDDLE EAST, AFRICA - 112LATIN AMERICA - 32NUMBER OF ACTIVE PROGRAMS ACCEPTING THE GMAT AS OF DEC 31, 2010:NORTH AMERICA - 3,729ASIA PACIFIC - 408EUROPE, MIDDLE EAST, AFRICA - 782LATIN AMERICA - 46 | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3580562 | Expense |
| Description | RESEARCH - GRADUATE MANAGEMENT ADMISSION COUNCIL RESEARCH PROVIDES DATA ABOUT GMAT TEST TAKERS AND GRADUATE MANAGEMENT PROGRAM CONSTITUENTS.THE POOL OF CANDIDATES FOR GRADUATE BUSINESS EDUCATION CONTINUES TO GROW AND DIVERSIFY, AND OFFERING THE GMAT EXAM ALLOWS GMAC TO BUILD AN ACCURATE PICTURE OF TODAY'S BUSINESS SCHOOL APPLICANTS. GMAT INTERACTIVE PROFILE REPORTS SHOW CURRENT AND HISTORICAL TEST-TAKER TRENDS ABOUT WHERE TEST TAKERS LIVE, WHAT THEY EXPECT TO GAIN FROM BUSINESS SCHOOL, THEIR WORK EXPERIENCE, ETC. SCHOOLS CAN ALSO CUSTOMIZE A REPORT FOR INFORMATION TARGETED TO FIT THEIR NEEDS. ALL REPORTS CAN BE PRINTED OR DOWNLOADED AT THE SCHOOL'S CONVENIENCE.GRADUATE MANAGEMENT ADMISSION COUNCIL SURVEYS EXPLORE RELEVANT ISSUES, OFFERING DATA AT VARIOUS DEPTHS, DEPENDING ON WHAT SCHOOLS NEED AND HOW THEY PARTICIPATE. SURVEY REPORTS ARE FREQUENTLY USED TO HELP DRIVE STRATEGIC DECISION-MAKING PROCESSES IN GRADUATE BUSINESS SCHOOLS.WAYS TO MEASURE - 2010 VALUESNUMBER OF SURVEY REPORTS CREATED - 12 MAJOR REPORT, 50 PRESENTATIONS, 860 BENCHMARK REPORTSNUMBER OF ENTITIES SURVEYED - 38,000 RESPONDENTSNUMBER OF AD HOC REQUESTS ANSWERED - 90 CUSTOM DATA ANALYSESGMAT VALIDITY STUDY SERVICE IS A CUSTOMER SERVICE THAT ANALYZES A SCHOOL'S ADMISSIONS CRITERIA AND LETS THE SCHOOL KNOW EXACTLY HOW VALID THE TEST IS FOR ITS PROGRAM.WAYS TO MEASURE - 2010 VALUESNUMBER OF VALIDITY STUDIES DONE - 8 | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 20583271 | Expense |
| Grants | 938952 | Grants |
| Revenue | 5262149 | Revenue |
| Description | OTHER EDUCATIONAL SERVICES - SERVICES FOR STUDENTS:GRADUATE MANAGEEMENT ADMISSION COUNCIL PROVIDES INFORMATION FOR STUDENTS ABOUT THE VALUE OF AND PROCESS FOR OBTAINING AN MBA DEGREE. THIS INFORMATION IS DELIVERED VIA WWW.MBA.COM, AS WELL AS THROUGH OTHER MEDIUMS AS APPROPRIATE. GRADUATE MANAGEMENT ADMISSION COUNCIL PROVIDES FREE GMAT TEST PREPARATION SOFTWARE TO STUDENTS. IN ADDITION, GMAC SELLS VARIOUS TEST PREPARATION PRODUCTS, BOTH HARD COPY AND ONLINE.WAYS TO MEASURE - 2010 VALUESWEBSITE VISITS FOR MBA.COM - 6,971,562NUMBER OF DOWNLOADS OF FREE TEST PREP SOFTWARE - 387,608SERVICES FOR SCHOOLS:GRADUATE MANAGEMENT ADMISSION COUNCIL PROVIDES INFORMATION FOR SCHOOL PROFESSIONALS ABOUT POTENTIAL STUDENTS AND GRADUATE MANAGEMENT EDUCATION TRENDS AND DEVELOPMENTS. THIS INFORMATION IS DELIVERED VIA WWW.GMAC.COM, AS WELL AS THROUGH OTHER MEDIUMS AS APPROPRIATE. WAYS TO MEASURE - 2010 VALUESMEDIA IMPRESSIONS - 544.5 MILLIONWEBSITE VISITS FOR GMAC.COM - 3,840,882THE GRADUATE MANAGEMENT ADMISSION SEARCH SERVICE (GMASS) GIVES SCHOOL ADMISSION PROFESSIONALS ACCESS TO QUALIFIED POTENTIAL APPLICANTS WHO HAVE ALREADY SHOWN A STRONG INTEREST IN GRADUATE MANAGEMENT EDUCATION. THEY'VE CREATED AN MBA.COM PROFILE, THEY MAY HAVE TAKEN THE GMAT EXAM...AND THEY'VE SPECIFICALLY CHOSEN TO MAKE THEIR CONTACT AND OTHER INFORMATION AVAILABLE TO SCHOOLS. THIS IS AN ANNUAL, SUBSCRIPTION-BASED SERVICE WITH A POOL OF NAMES THAT FREQUENTLY RENEWS AS INDIVIDUALS MOVE THROUGH THE DECISION-MAKING PROCESS.WAYS TO MEASURE - 2010 VALUESNUMBER OF SEARCHES DONE - 14,087GMASS SUBSCRIPTION YEAR 2009 - 2010(SEPTEMBER 2009 - AUGUST 2010)THE MBA PATHFINDER DATA WAREHOUSE CAPTURES BUSINESS SCHOOL ADMISSIONS, ENROLLMENT, AND EMPLOYMENT INFORMATION IN ONE PLACE. THIS DATA, DEFINED BY THE MBA REPORTING CRITERIA IS THE DEFINITIVE SOURCE OF OBJECTIVE, CONSISTENT, AND COMPARABLE INDUSTRY INFORMATION FOR PROSPECTIVE STUDENTS (VIA THE MBA.COM SCHOOL SEARCH SERVICE), BUSINESS SCHOOL PROFESSIONALS, AND THE MEDIA.WAYS TO MEASURE - 2010 VALUESNUMBER OF SEARCHES DONE - 428,820NUMBER OF PARTICIPATING SCHOOLS - 241NUMBER OF PARTICIPATING PROGRAMS ESTIMATED - 1,016GRADUATE MANAGEMENT ADMISSION COUNCIL MEMBER DIRECTORY: THE ONLINE DIRECTORY OF MEMBER SCHOOLS' STAFF SUPPORTS THE COMMUNITY OF GRADUATE MANAGEMENT EDUCATION PROFESSIONALS (AVAILABLE ONLY TO MEMBER SCHOOLS).WAYS TO MEASURE - 2010 VALUESNUMBER OF DIRECTORIES DISTRIBUTED - NOT PUBLISHED IN 2010JOB OPENINGS IN GRADUATE MANAGEMENT EDUCATION: TO SUPPORT THE GRADUATE BUSINESS SCHOOL COMMUNITY, GRADUATE MANAGEMENT ADMISSION COUNCIL MAINTAINS A CURRENT LIST OF PROFESSIONAL POSITIONS AT BUSINESS SCHOOLS AROUND THE WORLD. THESE OPENINGS ARE POSTED DIRECTLY BY THE SCHOOLS GRADUATE MANAGEMENT ADMISSION COUNCIL SERVES AS THE CENTRAL SOURCE OF NEWS AND INFORMATION IN THE FIELD OF GRADUATE MANAGEMENT EDUCATION.WAYS TO MEASURE - 2010 VALUESNUMBER OF JOB POSTINGS - 183GRADUATE MANAGEMENT NEWS AND DEANS DIGEST: FREE ONLINE NEWSLETTERS, PUBLISHED IN ALTERNATING MONTHS, TO KEEP SCHOOLS UP TO DATE ON TRENDS AND PROVIDES FEATURE ARTICLES ON HOT TOPICS IN THE BUSINESS SCHOOL COMMUNITY.WAYS TO MEASURE - 2010 VALUESCIRCULATION NUMBER FOR GM NEWS - 22,800CIRCULATION NUMBER FOR DEANS DIGEST - 360MBA LEADERSHIP CONFERENCE: THIS EXCLUSIVE ANNUAL EVENT, GENERALLY HELD IN THE EARLY WINTER, IS OPEN TO ACADEMIC AND ADMINISTRATIVE MBA PROGRAM DIRECTORS - ATTENDANCE IS LIMITED TO ENSURE A FOCUSED AND DRIVEN PROGRAM.WAYS TO MEASURE - 2010 VALUESNUMBER OF ATTENDEES - 119THE GRADUATE MANAGEMENT ADMISSION COUNCIL ANNUAL INDUSTRY CONFERENCE IN JUNE BRINGS TOGETHER GRADUATE BUSINESS PROFESSIONALS FROM ALL FUNCTIONS AND EXPERIENCE LEVELS FOR NETWORKING, LEARNING SESSIONS, AND DISCUSSIONS ABOUT THE LATEST TRENDS IN GRADUATE MANAGEMENT EDUCATION. WAYS TO MEASURE - 2010 VALUESNUMBER OF ATTENDEES - 533THE PROFESSIONAL DEVELOPMENT PROGRAM, HELD IN THE SUMMER, IS DESIGNED FOR PROFESSIONALS FROM GMAT USING SCHOOLS WITH UP TO TWO YEARS OF EXPERIENCE IN BUSINESS SCHOOL ADMISSIONS.WAYS TO MEASURE - 2010 VALUESNUMBER OF ATTENDEES - 60THE GRADUATE MANAGEMENT ADMISSION COUNCIL EUROPEAN CONFERENCE IS OPEN TO PROFESSIONALS FROM SCHOOLS WORLDWIDE THAT USE THE GMAT AND IS AIMED AT THOSE RESPONSIBLE FOR DECISION MAKING IN PROGRAM DIRECTION, MARKETING AND ADMISSIONS, CAREERS AND STUDENT SERVICES.WAYS TO MEASURE - 2010 VALUESNUMBER OF ATTENDEES - 43THE GRADUATE MANAGEMENT ADMISSION COUNCIL ASIA PACIFIC CONFERENCE IS OPEN TO PROFESSIONALS FROM SCHOOLS WORLDWIDE THAT USE THE GMAT AND IS AIMED AT THOSE RESPONSIBLE FOR DECISION MAKING IN PROGRAM DIRECTION, MARKETING AND ADMISSIONS, INTERNATIONAL, CAREERS AND STUDENT SERVICES.WAYS TO MEASURE - 2010 VALUESNUMBER OF ATTENDEES - 36GRADUATE MANAGEMENT ADMISSION COUNCIL MANAGEMENT EDUCATION FOR TOMORROW (MET) FUNDGRADUATE MANAGEMENT ADMISSION COUNCIL MANAGEMENT EDUCATION FOR TOMORROW (MET) FUND FORMALIZES AND ENCHANCES THE GRADUATE MANAGEMENT ADMISSION COUNCIL'S LONG-STANDING COMMITMENT TO INVESTING (FINANCIAL AND IN-KIND) IN STRATEGIC PHILANTHROPIC INITIATIVES THAT BENEFIT AND ADVANCE BUSINESS AND MANAGEMENT EDUCATION GLOBALLY.FOR THE I2I CHALLENGE: GRADUATE MANAGEMENT ADMISSION COUNCIL RECEIVED MORE THAN 650 IDEAS TO IMPROVE GRADUATE MANAGEMENT FROM 60 COUNTRIES. AFTER 3 ROUNDS OF BLIND JUDGING, 20 IDEAS WERE CHOSEN TO RECEIVE AN AWARD, WHOSE RECIPIENTS RECEIVED A TOTAL OF $262,500. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 67449981 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| 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 | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | 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 | 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 103 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 139 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | 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 | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | 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 | 0 | 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 | SHELLI ARNOLD CHIEF OPERATING OFFICER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7036689600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11921 FREEDOM DRIVE NO 300 | AddressLine1 |
| City | RESTON | City |
| State | VA | State |
| ZIP Code | 20190 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MARCIA K ARMSTRONG UNTIL 062010 | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| JAMES W BRADFORD | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| ROLF D CREMER | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| JAMES M DANKO | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DINA DOMMETT | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| LAWRENCE P FISHER II | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| WOLF H HENGST | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| STACEY R KOLE | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| MARGUERITE BISHOP LANE | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| ROSEMARIE MECCA | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| DANIEL F MUZYKA | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| KAI PETERS CHAIR | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| ALFONS SAUQUET | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| BERNARD YEUNG | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| CHERIE A SCRICCA UNTIL 062010 | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| ALEXANDRER D SEVILLA | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| PATRICK J SHOOLTZ | |||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||||
| RAY WHITTINGTON | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| DAVID A WILSON | |||||||||
| PRESIDENT AND CEO | 40.00 | 793713 | 0 | 239995 | X | ||||
| ALAN LEVINE | |||||||||
| SR. ADVISOR & CFO | 40.00 | 397611 | 0 | 43416 | X | ||||
| MARGARET JOBST | |||||||||
| EXECUTIVE VICE PRESIDENT, GMAT | 40.00 | 444518 | 0 | 46281 | X | ||||
| MARY SUSAN MOTZ | |||||||||
| EXECUTIVE VICE PRESIDENT, GMAT | 40.00 | 321191 | 0 | 38438 | X | ||||
| SHELLI H ARNOLD | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | 372822 | 0 | 46381 | X | ||||
| RAMESH THADANI | |||||||||
| SR. ADVISOR AND VICE PRESIDENT, APAC | 40.00 | 378801 | 0 | 43191 | X | ||||
| SHERRI SAMPSON | |||||||||
| GENERAL COUNSEL AND CORPORATE SECRETARY | 40.00 | 349371 | 0 | 39103 | X | ||||
| ROBERT ROSECRANS | |||||||||
| VP, BUS TECHNOLOGY | 40.00 | 372577 | 0 | 48776 | X | ||||
| LAWRENCE RUDNER | |||||||||
| VP, RESEARCH & DEVELOP | 40.00 | 318962 | 0 | 46306 | X | ||||
| AVIS BENT | |||||||||
| VP OF FINANCE AND CONTROLL | 40.00 | 225088 | 0 | 36903 | X | ||||
| ASHOK SARATHY | |||||||||
| VP, GMAT OPERATIONS | 40.00 | 225089 | 0 | 36903 | X | ||||
| JOSE CARRERAS | |||||||||
| VP, MARKETING OPERATIONS | 40.00 | 227163 | 0 | 32814 | X | ||||
| ERNEST ANASTASIO | |||||||||
| SR. ADVISOR, INT'L ASSESSMENTS | 40.00 | 358847 | 0 | 43492 | X | ||||
| ALLEN BRANDT | |||||||||
| CORP COUNSEL, DATA PROT & PRIVACY | 40.00 | 203855 | 0 | 32727 | X | ||||
| ROBIN EVERETT | |||||||||
| CORPORATE COUNSEL | 40.00 | 184591 | 0 | 40953 | X | ||||
| FANMIN GUO | |||||||||
| VP , PSYCHOMETRIC RESEARCH | 40.00 | 200773 | 0 | 33973 | X | ||||
| NICOLE CHESTANG | |||||||||
| CHIEF CLIENT OFFICER | 0.00 | 400000 | 0 | 0 | X | ||||
| JUDITH PHAIR-KING UNTIL 03012010 | |||||||||
| VP , COMMUNICATIONS | 0.00 | 281243 | 0 | 7381 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6056215 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 857033 | TotalOtherCompensation |
| Number Individuals GT100 K | 57 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEISER CONSULTING LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 433 BERKLEY ROAD | AddressLine1 |
| City | HAVEFORD | City |
| State | PA | State |
| ZIP Code | 19041 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | MANAGEMENT CONSULTING FOR ADA | DescriptionOfServices |
| Compensation | 106550 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TEST OPERATIONS | 900099 | 81404356 | 81404356 |
| SCHOOL PRODUCTS | 900099 | 3153498 | 3153498 |
| PROFESSIONAL DEVELOPME | 900099 | 496605 | 496605 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 85054459 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19630 | TotalRevenueColumn |
| Exclusion | $19,630 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12916236 | Securities |
| Other | 4507752 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10676141 | Securities |
| Other | 5896609 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2240095 | Securities |
| Other | -1388857 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 851238 | TotalRevenueColumn |
| Exclusion | $851,238 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1657403 | GrossSalesOfInventory |
| Cost Of Goods Sold | 45357 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1612046 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1612046 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 167954 | TotalRevenueColumn |
| Exclusion | $167,954 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 167954 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 87705327 | TotalRevenueColumn |
| Related Or Exempt Function Income | 86666505 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,038,822 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 790192 | Total |
| Program Services | 790192 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87000 | Total |
| Program Services | 87000 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78072 | Total |
| Program Services | 78072 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4865436 | Total |
| Program Services | 2415711 | ProgramServices |
| Management And General | 2449725 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 688624 | Total |
| Program Services | 688624 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11489857 | Total |
| Program Services | 5699071 | ProgramServices |
| Management And General | 5790786 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 703875 | Total |
| Program Services | 380076 | ProgramServices |
| Management And General | 323799 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1850464 | Total |
| Program Services | 905903 | ProgramServices |
| Management And General | 944561 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 945806 | Total |
| Program Services | 481784 | ProgramServices |
| Management And General | 464022 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1207808 | Total |
| Program Services | 3414 | ProgramServices |
| Management And General | 1204394 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181159 | Total |
| Program Services | 100090 | ProgramServices |
| Management And General | 81069 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 532532 | Total |
| Management And General | 532532 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8497752 | Total |
| Program Services | 3978361 | ProgramServices |
| Management And General | 4519391 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1259287 | Total |
| Program Services | 502575 | ProgramServices |
| Management And General | 756712 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6658292 | Total |
| Program Services | 3508141 | ProgramServices |
| Management And General | 3150151 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2810936 | Total |
| Program Services | 1949620 | ProgramServices |
| Management And General | 861316 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1060681 | Total |
| Program Services | 557307 | ProgramServices |
| Management And General | 503374 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TEST OPERATIONS | 37846368 | 37846368 | |
| OTHER EXPENSES | 6474902 | 4133877 | 2341025 |
| INTERCO COMMISSION EXP | 2603286 | 2603286 | |
| TEST DEVELOPMENT | 662569 | 662569 | |
| STAFF TRAINING | 181138 | 77940 | 103198 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91476036 | Total |
| Program Services | 67449981 | ProgramServices |
| Management And General | 24026055 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8992420 | BOY |
| EOY | 7370353 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4492236 | BOY |
| EOY | 1325481 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73246 | BOY |
| EOY | 30708 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 821980 | BOY |
| EOY | 711695 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 11741709 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1811618 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2306574 | BOY |
| EOY | 9930091 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104410566 | BOY |
| EOY | 110879324 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22120398 | BOY |
| EOY | 23102928 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143217420 | BOY |
| EOY | 153350580 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6980009 | BOY |
| EOY | 10743933 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8293058 | BOY |
| EOY | 7999132 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13964157 | BOY |
| EOY | 12516345 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29237224 | BOY |
| EOY | 31259410 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113980196 | BOY |
| EOY | 122091170 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113980196 | BOY |
| EOY | 122091170 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143217420 | BOY |
| EOY | 153350580 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3770709 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 11881683 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 67417589 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 79328793 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 88015607 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 88050589 | CurrentTaxYearMinus1Year |
| Current Tax Year | 86711862 | CurrentTaxYear |
| Total | 409524440 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 67417589 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 79328793 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 88015607 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 88050589 | CurrentTaxYearMinus1Year |
| Current Tax Year | 86711862 | CurrentTaxYear |
| Total | 409524440 | 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) |
|---|---|---|
| Current Tax Year Minus4 Years | 3765432 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4847019 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5242024 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3774986 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4438512 | CurrentTaxYear |
| Total | 22067973 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3765432 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4847019 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5242024 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3774986 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4438512 | CurrentTaxYear |
| Total | 22067973 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 387456467 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3994901 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4244065 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2823564 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 691485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19630 | CurrentTaxYear |
| Total | 11773645 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3994901 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4244065 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2823564 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 691485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19630 | CurrentTaxYear |
| Total | 11773645 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 2000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 43447 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16096 | CurrentTaxYearMinus1Year |
| Current Tax Year | 167954 | CurrentTaxYear |
| Total | 229497 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 71412490 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 83574858 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 90882618 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 88758170 | CurrentTaxYearMinus1Year |
| Current Tax Year | 86899446 | CurrentTaxYear |
| Total | 421527582 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.91920 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.91390 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02790 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03680 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $40,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 40000 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6788835 | OtherCostOrOtherBasis |
| Depreciation | 203135 | Depreciation |
| Book Value | 6585700 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3111967 | OtherCostOrOtherBasis |
| Depreciation | 1483766 | Depreciation |
| Book Value | 1628201 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1840907 | OtherCostOrOtherBasis |
| Depreciation | 124717 | Depreciation |
| Book Value | 1716190 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9930091 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TEST ITEM DEVELOPMENT COSTS | 22015523 |
| TRANSITION COST | 1044439 |
| OTHER ASSETS | 42966 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 23102928 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO TEST PROVIDER | $4,080,168 |
| DEFERRED LEASE ABATEMENT | $8,092,032 |
| DUE TO RELATED PARTY | $344,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 12516345 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE COUNCIL IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE COUNCIL IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE IRC. THE COUNCIL ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. THE COUNCIL EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE COUNCIL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2007 TO 2009 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN AUTHORITIES. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE/MIDDLE EAST/AFRICA | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 7 | NumberOfEmployees |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | CONDUCT EDUCATIONAL RESEARCH, PROVIDE SERVICES, AND FACILITATE INFORMATION EXCHANGE | SpecificServicesProvided |
| Total Expenditures | 2603286 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 7 | SubtotalNumberOfEmployees |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Employees | 7 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 2603286 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 2603286 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (4 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | MANAGEMENT EDUCATION AND CAREERS - A HUMAN CAPITAL EXPLORATION. | 15067 | WIRE TRANSFER | BOOK |
| EUROPE (INCLUDING ICELAND & GREENLAND) | MANAGEMENT EDUCATION AND CAREERS - A HUMAN CAPITAL EXPLORATION. | 50505 | WIRE TRANSFER | BOOK |
| NORTH AMERICA | TO PROMOTE QUALITY IN MANAGEMENT EDUCATION AND THE PROFESSIONAL DEVELOPMENT OF BUSINESS SCHOOL ADMINISTRATORS | 5000 | CHECK | BOOK |
| SOUTH AMERICA | TO OFFER DOCTORAL STUDENTS THE OPPORTUNITY TO SHARE AND DISCUSS THEIR DOCTORAL RESEARCH PAPERS WITH A PANEL OF PRESTIGIOUS INTERNATIONALLY RENOWNED EXPERTS | 7500 | WIRE TRANSFER | BOOK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Other Orgs | 4 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: GMAC EMPLOYEES WHO ARE DIRECTLY RESPONSIBLE FOR THE BUDGETED FUNDS FROM WHICH GRANTS ARE MADE ARE RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS BY THE RECIPIENTS | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (22 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| AACSB INTERNATIONAL | ||||||||
| PO BOX 116201 | ATLANTA | GA | 303686201 | 436036286 | 501 C3 | 20000 | SPONSOR ADVANCEMENT IN MANAGEMENT EDUCATION | |
| AACSB INTERNATIONAL | ||||||||
| PO BOX 116201 | ATLANTA | GA | 303686201 | 436036286 | 501 C3 | 66500 | SPONSOR CONFERENCE TO ADVANCE MANAGEMENT EDUCATION | |
| ASSOCIATION OF TEST PUBLISHERS | ||||||||
| 601 PENNSYLVANIA AVENUE NW SOUTH | WASHINGTON | DC | 20004 | 363918100 | 501 C3 | 10000 | SPONSOR INNOVATIONS IN TESTING | BUILDING SUITE 900 |
| BETA GAMMA SIGMA | ||||||||
| 125 WELDON PARKWAY | MARYLAND HEIGHTS | MO | 630433101 | 431322067 | 501 C3 | 20000 | SPONSORSHIP TO ENCOURAGE AND HONOR ACADEMIC ACHIEVEMENT IN THE STUDY OF BUSINESS | |
| COLLEGE HORIZONS | ||||||||
| PO BOX 1262 | PENA BLANCA | NM | 87041 | 201730126 | 501 C3 | 5150 | SPONSOR STUDENT AID TO PRE-COLLEGE NATIVE AMERICAN HIGH SCHOOL STUDENTS TO ASSIST IN LEARNING ABOUT COLLEGES AND APPLYING TO THEM | |
| EXECUTIVE MBA COUNCIL | ||||||||
| ONE UNIVERSITY DRIVE BECKMAN HALL | ORANGE | CA | 92866 | 943095701 | 501 C3 | 35000 | SPONSORSHIP TO CONNECT EXECUTIVE MBA STUDENTS AROUND THE WORLD AND ADVANCE EDUCATION FOR MARKETING AND ADMISSIONS PROGRAM | BK-308A |
| FORTE FOUNDATION | ||||||||
| 9600 ESCARPMENT 745 PMB 72 | AUSTIN | TX | 78749 | 611457145 | 501 C3 | 50000 | SPONSOR UNDERGRADUATE OUTREACH THROUGH CAREER LABS AND VIRTUAL CAMPUS | |
| GOIZUETA BUSINESS SCHOOL | ||||||||
| EMORY UNIVERSITY 1300 CLIFTON ROAD | ATLANTA | GA | 30322 | 580566256 | 501 C3 | 10000 | SPONSOR FOCUS GROUP AND SURVEYING RESEARCH AT UNDEGRADUATE BUSINESS SCHOOL EVENT | SUITE W470 |
| GOLDEN KEY INTERNATIONAL HONOUR SOCIETY | ||||||||
| 1040 CROWN POINTE PARKWAY SUITE 900 | ATLANTA | GA | 30338 | 581306896 | 501 C3 | 25000 | CORPORATE SPONSORSHIP RECOGNIZING OUTSTANDING ACADEMIC ACHIEVEMENT AND CONNECTING HIGH-ACHIEVING INDIVIDUALS | 900 |
| GRADUATE BUSINESS STUDENT SER ASSOC | ||||||||
| 321 19TH AVENUE SOUTH 1-110 CARLSON | MINNEAPOLIS | MN | 55455 | 860196696 | 501 C3 | 10000 | SPONSOR CONFERENCE TO PROMOTE TEAMWORK, LEADERSHIP, SKILLS TO HELP STUDENT SERVICE PROFESSIONALS TO PROMOTE VISION AND MISSION OF THEIR SCHOOL | SCHOOL OF MANAGEMENT |
| MIDDLE ATLANTIC ASSOC OF COLLEGES | ||||||||
| 1900 W OLNEY AVENUE | PHILADELPHIA | PA | 19141 | 232697285 | 501 C3 | 5000 | SPONSOR ANNUAL CONFERENCE TO PROMOTE AND IMPROVE COLLEGIATE EDUCATION FOR BUSINESS IN ALL AREAS WITHIN THE JURISDICTION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SECONDARY SCHOOLS | |
| NCS PEARSON INC | ||||||||
| 501 BOYLSTON STREET SUITE 900 | BOSTON | MA | 02116 | 410850527 | 25000 | SPONSOR THE PROMOTION OF INTERNATIONAL EDUCATION AND PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES IN THE FIELD | ||
| ORGANIZATIONAL BEHAVIOR TEACHING SOCIETY | ||||||||
| MARIST COLLEGE SCHOOL OF MANAGEMENT | POUGHKEEPSIE | NY | 12601 | 942567084 | 501 C3 | 5000 | TO SPONSOR THE TEACHING SOCIETY FOR MANAGEMENT EDUCATORS' DOCTORAL INSTITUTE | 3399 NORT ROAD |
| THE PHD PROJECT ASSOCIATION | ||||||||
| THREE CHESTNUT RIDGE ROAD | MONTVALE | NJ | 07645 | 202610773 | 501 C3 | 250000 | TO SPONSOR THE PROMOTION OF DIVERSITY IN CORPORATE AMERICA FOR SPECIFIC MINORITIES | |
| WYNNE COMMUNICATIONS | ||||||||
| 305 AVENUE G | REDWOOD BEACH | CA | 90277 | 954844451 | 5000 | SPONSOR BUSINESS ACCESS MEDIA LUNCHEON SO THAT BUSINESS SCHOOL PR DIRECTORS AND FINANCIAL MEDIA CAN NETWORK. | ||
| ASSOCIATION OF TEST PUBLISHERS | ||||||||
| 601 PENNSYLVANIA AVENUE NW SOUTH | WASHINGTON | DC | 20004 | 363918100 | 501 C3 | 6312 | PROMOTE AND PRESERVE THE GENERAL WELFARE OF TESTING AND ITS VALUE TO SOCIETY | BUILDING SUITE 900 |
| CALIFORNIA STATE UNIVERSITY FULLERTON | ||||||||
| 2600 NUTWOOD AVENUE SUITE 275 | FULLERTON | CA | 92831 | 952081258 | 501 C3 | 75000 | RESEARCH ON MANAGERIAL INTERPERSONAL SKILLS DEVELOPMENT & VALIDATION OF A MULTI-DIMENSIONAL, MULTI-METHOD MEASURE. | |
| DEPAUL UNIVERSITY | ||||||||
| 1 EAST JACKSON BLVD SUITE 7000 | CHICAGO | IL | 60604 | 362167048 | 501 C3 | 60000 | RESEARCH ON QUANTIFYING ACADEMIC QUALITY ESTABLISHING PROGRAM-LEVEL CRITERIA IN GRADUATE MANAGEMENT EDUCATION | |
| INDIANA UNIVERSITY | ||||||||
| 107 SOUTH INDIANA AVENUE | BLOOMINGTON | IN | 474057000 | 356001673 | 501 C3 | 56650 | RESEARCH ON CAREER ATTAINMENT AND SATISFACTION OF HIGH POTENTIAL GRADUATES | |
| THE RESEARCH FOUNDATION OF CUNY | ||||||||
| 230 WEST 41ST STREET 7TH FLOOR | NEW YORK | NY | 10036 | 131988190 | 501 C3 | 25000 | RESEARCH ON IMPROVING GRADUATE BUSINESS SCHOOL ADMISSIONS SUPPLEMENTING THE GMAT WITH ALTERNATIVE PREDICTORS | |
| UNIVERSITY OF ILLINOIS | ||||||||
| UNIVERSITY OF ILLINOIS GRANTS | SPRINGFIELD | IL | 627084610 | 376000511 | 501 C3 | 6830 | RESEARCH ON THE ROLE OF THE MBA DEGREE IN MITIGATING THE EFFECTS OF MANAGERIAL STEREOTYPING ON CAREER OUTCOMES | CONTRACTS PO BOX 20787 |
| THE UNIVERSITY OF IOWA | ||||||||
| 2 GILMORE HALL 52242 JACKSON BLVD | IOWA CITY | IA | 52242 | 426004813 | 501 C3 | 18750 | AN EXAMINATION OF CONTENT & PROCESS IN THE MANAGEMENT CLASSROOMS OF AACSB-ACCREDITED MBA PROGRAMS | SUITE 700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 20 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| RESEARCH OF THE DESIGN OF ONLINE AND BLENDED MBA COURSES | 1 | 12500 | BOOK VALUE |
| RESEARCH ON PREDICTING APPLIED MANAGEMENT KNOWLEDGE AMONG US MBA STUDENTS | 1 | 15000 | BOOK VALUE |
| RESEARCH ON INFLATED CANDIDATES: ATTRIBUTION ERRORS IN GRADUATION ADMISSION DECISIONS | 1 | 20000 | BOOK VALUE |
| RESAERCH ON BECOMING AN ENTREPRENEUR: AFRICAN AMERICAN BUSINESS OWNERS | 1 | 5000 | BOOK VALUE |
| RESEARCH ON ALIGNING SHIFTING INTERNATIONAL VALUES AND THE MANAGEMENT CURRICULUM. | 1 | 34500 | BOOK VALUE |
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: GRADUATE MANAGEMENT ADMISSION COUNCIL EMPLOYEES WHO ARE DIRECTLY RESPONSIBLE FOR THE BUDGETED FUNDS FROM WHICH GRANTS ARE MADE ARE RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS BY THE RECIPIENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| 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 |
| 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 | 0 | 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 (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID A WILSON | |||||||||||||
| 475000 | 0 | 310190 | 0 | 8523 | 0 | 224500 | 0 | 15495 | 0 | 1033708 | 0 | 0 | 0 |
| ALAN LEVINE | |||||||||||||
| 281597 | 0 | 116014 | 0 | 0 | 0 | 24500 | 0 | 18916 | 0 | 441027 | 0 | 0 | 0 |
| MARGARET JOBST | |||||||||||||
| 329099 | 0 | 115419 | 0 | 0 | 0 | 24500 | 0 | 21781 | 0 | 490799 | 0 | 0 | 0 |
| MARY SUSAN MOTZ | |||||||||||||
| 234433 | 0 | 86758 | 0 | 0 | 0 | 23332 | 0 | 15106 | 0 | 359629 | 0 | 0 | 0 |
| SHELLI H ARNOLD | |||||||||||||
| 276416 | 0 | 96406 | 0 | 0 | 0 | 24500 | 0 | 21881 | 0 | 419203 | 0 | 0 | 0 |
| RAMESH THADANI | |||||||||||||
| 276917 | 0 | 101884 | 0 | 0 | 0 | 24500 | 0 | 18691 | 0 | 421992 | 0 | 0 | 0 |
| SHERRI SAMPSON | |||||||||||||
| 254853 | 0 | 94518 | 0 | 0 | 0 | 17150 | 0 | 21953 | 0 | 388474 | 0 | 0 | 0 |
| ROBERT ROSECRANS | |||||||||||||
| 276271 | 0 | 96306 | 0 | 0 | 0 | 24500 | 0 | 24276 | 0 | 421353 | 0 | 0 | 0 |
| LAWRENCE RUDNER | |||||||||||||
| 232204 | 0 | 86758 | 0 | 0 | 0 | 23332 | 0 | 22974 | 0 | 365268 | 0 | 0 | 0 |
| AVIS BENT | |||||||||||||
| 163734 | 0 | 61354 | 0 | 0 | 0 | 16500 | 0 | 20403 | 0 | 261991 | 0 | 0 | 0 |
| ASHOK SARATHY | |||||||||||||
| 163735 | 0 | 61354 | 0 | 0 | 0 | 16500 | 0 | 20403 | 0 | 261992 | 0 | 0 | 0 |
| JOSE CARRERAS | |||||||||||||
| 165809 | 0 | 61354 | 0 | 0 | 0 | 16500 | 0 | 16314 | 0 | 259977 | 0 | 0 | 0 |
| ERNEST ANASTASIO | |||||||||||||
| 262169 | 0 | 96678 | 0 | 0 | 0 | 24500 | 0 | 18992 | 0 | 402339 | 0 | 0 | 0 |
| ALLEN BRANDT | |||||||||||||
| 160696 | 0 | 43159 | 0 | 0 | 0 | 15937 | 0 | 16790 | 0 | 236582 | 0 | 0 | 0 |
| ROBIN EVERETT | |||||||||||||
| 162463 | 0 | 22128 | 0 | 0 | 0 | 16782 | 0 | 24171 | 0 | 225544 | 0 | 0 | 0 |
| FANMIN GUO | |||||||||||||
| 178399 | 0 | 22374 | 0 | 0 | 0 | 17436 | 0 | 16537 | 0 | 234746 | 0 | 0 | 0 |
| NICOLE CHESTANG | |||||||||||||
| 0 | 0 | 0 | 0 | 400000 | 0 | 0 | 0 | 0 | 0 | 400000 | 0 | 0 | 0 |
| JUDITH PHAIR-KING UNTIL 03012010 | |||||||||||||
| 35854 | 0 | 79061 | 0 | 166328 | 0 | 3544 | 0 | 3837 | 0 | 288624 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | -ACCORDING TO GRADUATE MANAGEMENT ADMISSION COUNCIL TRAVEL POLICY FOR VICE PRESIDENTS AND ABOVE, THE COUNCIL WILL REIMBURSE FOR COACH-CLASS AIR TRAVEL FOR ONE-WAY FLIGHTS LESS THAN 2.5 HOURS IN DURATION. IF THE FLIGHT IS 2.5 HOURS OR LONGER, THE COUNCIL WILL COVER THE COST OF THE NEXT TICKET CLASS. -THE GROSS PAYMENTS TO THE INDIVIDUAL WERE INSIGNIFICANT. THEY ARE INCLUDED IN THE BASE COMPENSATION. | |
| PART I, LINE 4A | NICOLE CHESTANG - $400,000 JUDITH PHAIR-KING - $281,243 -THE SEVERANCE PAYMENT WAS FOR A SEPARATION FROM SERVICE. | |
| PART III | PART II - IN 2010, THE COMPENSATION INCLUDED AN ACCRUAL OF $170,000 FOR DEFERRED COMPENSATION EARNED BY ITS CEO. THAT AMOUNT WAS NOT PAID IN 2010, AND THE CEO WILL NOT VEST IN THE PLAN UNTIL JANUARY 2012. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | GRADUATE MANAGEMENT ADMISSION COUNCIL HAS ONE CLASS OF MEMBERS - GRADUATE BUSINESS MANAGEMENT SCHOOLS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ELECT DEAN AND REPRESENTATIVE DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THERE IS ONE CLASS OF MEMBER. DECISIONS THAT REQUIRE THEIR APPROVAL ARE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND REVISIONS TO THE BYLAWS. EACH MEMBER HAS EQUAL VOTING RIGHTS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE MEMBERS OF THE BOARD OF DIRECTORS EACH WERE ELECTRONICALLY GIVEN ACCESS TO A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS AND ASKED TO REVIEW AND SUBMIT COMMENTS TO GMAC PRIOR TO FILING. VARIOUS GRADUATE MANAGEMENT ADMISSION COUNCIL OFFICERS AND STAFF ALSO REVIEWED THE FORM 990 PRIOR TO ITS FILING. | |
| EACH DIRECTOR, OFFICER AND KEY EMPLOYEE HAS AN ONGOING OBLIGATION TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS. FOR DIRECTORS, THE PROFESSIONAL STANDARDS COMMITTEE IS RESPONSIBLE FOR REVIEWING AND DETERMINING WHETHER A CONFLICT EXISTS. THIS COMMITTEE MAKES A RECOMMENDATION TO THE BOARD CONCERNING ANY RESTRICTIONS TO BE PLACED ON THE CONFLICTED DIRECTOR. FOR EMPLOYEES, THE CEO, GENERAL COUNSEL AND THE CHIEF OPERATING OFFICER, AS A GROUP, REVIEW POTENTIAL OR ACTUAL CONFLICTS, DETERMINE WHETHER A CONFLICT EXISTS, AND RECOMMEND ACTION. RESTRICTIONS RANGE FROM RECUSAL TO TERMINATION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CEO. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES GRADUATE MANAGEMENT ADMISSION COUNCIL CORPORATE GOALS AND OBJECTIVES, EVALUATES THE CEO'S PERFORMANCE IN LIGHT OF SUCH GOALS AND OBJECTIVES AND DETERMINES COMPENSATION BASED ON THIS EVALUATION AND IN ACCORDANCE WITH ANY APPLICABLE EMPLOYMENT AGREEMENT. THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IN EVALUATING PERFORMANCE, INCLUDING OBTAINING AN ANNUAL COMPARABILITY ANALYSIS AS APPROPRIATE TO COMPLY WITH THE RULES OF IRC SECTION 4958. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION DATA FOR ALL OFFICERS | FORM 990, PART VI, SECTION B, LINE 15A | |
| GRADUATE MANAGEMENT ADMISSION COUNCIL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE GENERALLY INCLUDED IN THE ANNUAL REPORT. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 11,895,029. RECONCILIATION -13,346. TOTAL TO FORM 990, PART XI, LINE 5: 11,881,683. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Primary ActivitiesPrimaryActivities | Legal Domicile Foreign CountryLegalDomicileForeignCountry | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|
| GRADUATE MANAGEMENT ADMISSION COUNCIL HONG KONG LIMITED | ||||||
| 2601 GOLDEN CENTRE 188 DES VOEUX | CENTRAL | HK | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | HK | 63102 | GRADUATE MANAGEMENT ADMISSION COUNCIL |
| GRADUATE MANAGEMENT ADMISSION COUNCIL INDIA PRIVATE LTD | ||||||
| VATIKA BUSINESS CENTRE 3RD FL VAT | GURGAON | IN | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | IN | 69739 | GRADUATE MANAGEMENT ADMISSION COUNCIL |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRADUATE MANAGEMENT GLOBAL CONNECTION | BusinessNameLine1 |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 85 TOTTENHAM COURT ROAD | AddressLine1 |
| City | LONDON | City |
| Province Or State | LONDON | ProvinceOrState |
| Country | UK | Country |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237084339 | EIN |
| Primary Activity | CONDUCT EDUCATIONAL RESEARCH, EXCHANGE INFO AND PROVIDE SVCS | PrimaryActivity |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountry |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRADUATE MANAGEMENT ADMISSION COUNCIL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 21448 | ShareOfTotalIncome |
| Share Of EOY Assets | 608320 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | 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 |
| 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 | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRADUATE MANAGEMENT GLOBAL CONNECTION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | L | TransactionType |
| Amount Involved | 2512399 | AmountInvolved |
| Method Of Amt Determination | BOOK VALUE | MethodOfAmtDetermination |
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