INTERMEDIARYED: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- INTERMEDIARYED (EIN 42-0841485)
- Tax period
- 2009-09-01 to 2010-08-31
- Filed
- 2011-07-07
- IRS object ID
- 201111889349300331
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-07-07T15:07:50-05:00 | Timestamp |
| Tax Period End Date | 2010-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 THIRD AVENUE SE SUITE 300 | AddressLine1 |
| City | CEDAR RAPIDS | City |
| State | IA | State |
| ZIP Code | 524011512 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420841485 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ACTI | NameControl |
| Phone | 3193371000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 168 | AddressLine1 |
| City | IOWA CITY | City |
| State | IA | State |
| ZIP Code | 522430168 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS J GOEDKEN | Name |
| Title | CFO/TREASURER | Title |
| Phone | 3193371000 | Phone |
| Date Signed | 2011-06-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Kay Hegarty | Name |
| Phone | 3192985333 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JON WHITMORE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 168 | AddressLine1 |
| City | IOWA CITY | City |
| State | IA | State |
| ZIP Code | 522430168 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 606111736 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ACT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | HELPING PEOPLE ACHIEVE EDUCATION AND WORKPLACE SUCCESS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2147 | TotalNbrEmployees |
| Total Nbr Volunteers | 845 | TotalNbrVolunteers |
| Total Gross UBI | 13185236 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 132124 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 640000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1660477 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 243483440 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 260965498 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -6058892 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11486908 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 238064548 | TotalRevenuePriorYear |
| Total Revenue Current Year | 274112883 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2213877 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9400478 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 89263865 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 93121302 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 137652847 | OtherExpensePriorYear |
| Other Expenses Current Year | 135689362 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 229130589 | TotalExpensesPriorYear |
| Total Expenses Current Year | 238211142 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8933959 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 35901741 | RevenuesLessExpensesCY |
| Total Assets BOY | 362721541 | TotalAssetsBOY |
| Total Assets EOY | 392693266 | TotalAssetsEOY |
| Total Liabilities BOY | 87264153 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 88236030 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 275457388 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 304457236 | NetAssetsOrFundBalancesEOY |
| Mission Description | ACT, INC. (ACT) WAS ESTABLISHED AS A CORPORATION NOT FOR PECUNIARY PROFIT UNDER THE LAWS OF THE STATE OF IOWA ON AUGUST 23, 1960. THE PURPOSE AND MISSION OF ACT IS TO ADVANCE EDUCATION BY PROVIDING PROGRAMS, SERVICES, AND CONDUCTING RESEARCH THAT ASSISTS: A) INDIVIDUALS PLANNING AND PURSUING EDUCATION AND TRAINING, B) EDUCATORS DELIVERING INSTRUCTION AND TRAINING, AND C) POLICY MAKERS CONCERNED WITH ENSURING THAT INDIVIDUALS ARE READY FOR EDUCATION AND WORKPLACE SUCCESS. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 169686810 | Expense |
| Grants | 9385478 | Grants |
| Revenue | 215550114 | Revenue |
| Description | EDUCATION ASSESSMENT SERVICES - ACT'S EDUCATION ASSESSMENT SERVICES ARE DESIGNED AND DEVELOPED TO INFORM INDIVIDUALS (AND THOSE HELPING THEM) ABOUT THE KNOWLEDGE AND SKILLS NEEDED FOR SUCCESS IN EDUCATION AND EVENTUALLY CAREER. INFORMATION RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS ENABLE INDIVIDUALS TO PREPARE THEMSELVES FOR A NEXT LEVEL OF EDUCATION AND/OR TRAINING. AND THEY PROVIDE EDUCATORS AND TRAINERS WITH INFORMATION USEFUL IN GUIDING THEIR TEACHING AND INSTRUCTION. COLLECTIVELY, DATA RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS FACILITATES RESEARCH ON EFFECTIVE EDUCATIONAL PRACTICES OF VALUE TO NATIONAL, STATE AND LOCAL EDUCATORS AND POLICY MAKERS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 29944731 | Expense |
| Grants | 15000 | Grants |
| Revenue | 32230148 | Revenue |
| Description | WORKFORCE DEVELOPMENT ASSESSMENT SERVICES - ACT'S WORKFORCE DEVELOPMENT ASSESSMENT SERVICES ARE COMPLEMENTARY OF ITS EDUCATION ASSESSMENT SERVICES IN THAT THEY FOCUS ON HELPING INDIVIDUALS TO ACQUIRE THE SKILLS THAT THEY NEED FOR SUCCESS IN THE WORKPLACE. THE SERVICES HELP INDIVIDUALS TO UNDERSTAND THE SKILLS THEY WILL NEED TO BE READY FOR WORKPLACE RELATED EDUCATION AND TRAINING PROGRAMS. THE ASSESSMENTS ARE USED WIDELY BY EDUCATORS AND TRAINERS TO PRESCRIBE AND PROVIDE INSTRUCTIONAL INTERVENTIONS FOR THOSE INDIVIDUALS. COLLECTIVELY, DATA RESULTING FROM THE ADMINISTRATION OF THE ASSESSMENTS ENABLES RESEARCH ON NATIONAL, STATE, AND REGIONAL SKILL GAPS IN THE LABOR POOL AND FACILITATES DECISIONS AND STRATEGIES FOR ADDRESSING THEM. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 199631541 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | 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 | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 10376 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2147 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | NL | NameOfForeignCountry |
| Name Of Foreign Country | HK | NameOfForeignCountry |
| Name Of Foreign Country | KS | NameOfForeignCountry |
| Name Of Foreign Country | CH | NameOfForeignCountry |
| Name Of Foreign Country | AS | NameOfForeignCountry |
| Name Of Foreign Country | SP | 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 |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | LA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS J GOEDKEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3193371000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 ACT DRIVE | AddressLine1 |
| City | IOWA CITY | City |
| State | IA | State |
| ZIP Code | 522430168 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD L FERGUSON | ||||||||
| CEO/CHAIRMAN OF BOARD | 66.00 | X | X | 1018233 | 0 | 44887 | ||
| DIXIE L AXLEY | ||||||||
| DIRECTOR | 5.00 | X | 57000 | 0 | 0 | |||
| JAMES E BOSTIC JR | ||||||||
| DIRECTOR | 5.00 | X | 56500 | 0 | 0 | |||
| SARITA E BROWN | ||||||||
| DIRECTOR | 5.00 | X | 52000 | 0 | 0 | |||
| CARL A COHN | ||||||||
| DIRECTOR | 5.00 | X | 35250 | 0 | 0 | |||
| D ROBERT GRAHAM | ||||||||
| DIRECTOR | 5.00 | X | 52500 | 0 | 0 | |||
| KAREN A HOLBROOK | ||||||||
| DIRECTOR | 5.00 | X | 53500 | 0 | 0 | |||
| ROBERTS T JONES | ||||||||
| DIRECTOR | 5.00 | X | 51500 | 0 | 0 | |||
| MARK D MUSICK | ||||||||
| LEAD DIRECTOR | 5.00 | X | X | 49500 | 0 | 16500 | ||
| CHARLES B REED | ||||||||
| DIRECTOR | 5.00 | X | 56500 | 0 | 0 | |||
| RICHARD W RILEY | ||||||||
| DIRECTOR | 5.00 | X | 38000 | 0 | 16500 | |||
| J THEODORE SANDERS | ||||||||
| DIRECTOR | 5.00 | X | 48000 | 0 | 0 | |||
| BELLE S WHEELAN | ||||||||
| DIRECTOR/SECRETARY | 5.00 | X | X | 57000 | 0 | 0 | ||
| THOMAS GOEDKEN | ||||||||
| CFO/TREASURER | 60.00 | X | 320993 | 0 | 66708 | |||
| CYNTHIA SCHMEISER | ||||||||
| PRES & COO EDUCATION | 58.00 | 334500 | 0 | 95795 | X | |||
| MARTIN L SCAGLIONE | ||||||||
| PRES & COO WORKFORCE | 58.00 | 294507 | 0 | 64991 | X | |||
| ARTHUR C PETERS | ||||||||
| VP | 57.00 | 213300 | 0 | 39768 | X | |||
| ANN YORK | ||||||||
| VP | 48.00 | 231421 | 0 | 37100 | X | |||
| THOMAS SATERFIEL | ||||||||
| VP | 45.00 | 226346 | 0 | 68331 | X | |||
| JON ERICKSON | ||||||||
| SENIOR VP | 71.00 | 224144 | 0 | 71252 | X | |||
| ROSE RENNEKAMP | ||||||||
| VP | 46.00 | 215812 | 0 | 53891 | X | |||
| DOUGLAS BECKER | ||||||||
| VP | 48.00 | 204270 | 0 | 41470 | X | |||
| RANJIT SIDHU | ||||||||
| SENIOR VP | 43.00 | 265351 | 0 | 52541 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4156127 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 669734 | TotalOtherCompensation |
| Number Individuals GT100 K | 90 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| NCS PEARSON INC | |||||
| 2510 N DODGE ST | IOWA CITY | IA | 52245 | COMPUTER PROCESSING | 27441924 |
| ROLTA TUSC INC | |||||
| 377 E BUTTERFIELD RD STE 100 | LOMBARD | IL | 60148 | CONSULTING | 3651436 |
| FEDERAL EXPRESS CORP | |||||
| 942 S SHADY GROVE RD | MEMPHIS | TN | 38120 | FREIGHT AND SHIPPING | 3123155 |
| MSI SYSTEMS INTEGRATORS | |||||
| 14301 1ST NATIONAL PKWY STE 400 | OMAHA | NE | 68154 | DATA PROCESSING | 2324828 |
| UNITED PARCEL SERVICE | |||||
| LOCKBOX 577 | CAROL STREAM | IL | 60132 | FREIGHT AND SHIPPING | 2268876 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 119 | NumberOfContractorsGT100K |
| All Other Contributions | 1660477 | AllOtherContributions |
| Total Contributions | 1660477 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| EDUCATIONAL ASSESSMENT | 611710 | 215550114 | 215550114 | |
| WORKFORCE DEVELOPMENT | 541900 | 45415384 | 32230148 | 13185236 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 260965498 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6419666 | TotalRevenueColumn |
| Exclusion | $6,419,666 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 337058125 | Securities |
| Other | 7970 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 331970228 | Securities |
| Other | 28625 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5087897 | Securities |
| Other | -20655 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5067242 | TotalRevenueColumn |
| Exclusion | $5,067,242 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 274112883 | TotalRevenueColumn |
| Related Or Exempt Function Income | 247780262 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 13185236 | UnrelatedBusinessRevenue |
| Exclusion | $11,486,908 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9400478 | Total |
| Program Services | 9400478 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3476133 | Total |
| Program Services | 1950527 | ProgramServices |
| Management And General | 1525606 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67338651 | Total |
| Program Services | 60752556 | ProgramServices |
| Management And General | 6586095 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8400822 | Total |
| Program Services | 7502228 | ProgramServices |
| Management And General | 898594 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8745257 | Total |
| Program Services | 7767361 | ProgramServices |
| Management And General | 977896 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5160439 | Total |
| Program Services | 4608453 | ProgramServices |
| Management And General | 551986 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 871681 | Total |
| Program Services | 14 | ProgramServices |
| Management And General | 871667 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183350 | Total |
| Management And General | 183350 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52406 | Total |
| Program Services | 52406 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 896229 | Total |
| Management And General | 896229 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30391378 | Total |
| Program Services | 28254843 | ProgramServices |
| Management And General | 2136535 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 550314 | Total |
| Program Services | 462509 | ProgramServices |
| Management And General | 87805 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28776391 | Total |
| Program Services | 21301309 | ProgramServices |
| Management And General | 7475082 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7624315 | Total |
| Program Services | 6718827 | ProgramServices |
| Management And General | 905488 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45306 | Total |
| Program Services | 2486 | ProgramServices |
| Management And General | 42820 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5743146 | Total |
| Program Services | 624333 | ProgramServices |
| Management And General | 5118813 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4775102 | Total |
| Program Services | 4144564 | ProgramServices |
| Management And General | 630538 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2275690 | Total |
| Program Services | 1273519 | ProgramServices |
| Management And General | 1002171 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 760728 | Total |
| Program Services | 760728 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13922364 | Total |
| Program Services | 5952626 | ProgramServices |
| Management And General | 7969738 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 520700 | Total |
| Program Services | 2098 | ProgramServices |
| Management And General | 518602 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| TEST ADMINISTRATION | 37066865 | 37066865 | |
| BAD DEBTS | 866353 | 866353 | |
| MEMBERSHIP FEES | 180716 | 124070 | 56646 |
| STATE TAXES (UBIT) | 73466 | 73466 | |
| FEDERAL TAXES (UBIT) | 34778 | 34778 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78084 | Total |
| Program Services | 42388 | ProgramServices |
| Management And General | 35696 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238211142 | Total |
| Program Services | 199631541 | ProgramServices |
| Management And General | 38579601 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30307670 | BOY |
| EOY | 32800740 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41972199 | BOY |
| EOY | 21257982 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3587390 | BOY |
| EOY | 2906250 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2871389 | BOY |
| EOY | 4448290 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 144449136 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 78363383 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68739583 | BOY |
| EOY | 66085753 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142150488 | BOY |
| EOY | 242313238 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62966926 | BOY |
| EOY | 16671117 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10125896 | BOY |
| EOY | 6209896 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 362721541 | BOY |
| EOY | 392693266 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23212153 | BOY |
| EOY | 21292346 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23191363 | BOY |
| EOY | 27450309 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34850000 | BOY |
| EOY | 33875000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 353301 | BOY |
| EOY | 75389 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5657336 | BOY |
| EOY | 5542986 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87264153 | BOY |
| EOY | 88236030 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272879125 | BOY |
| EOY | 304457236 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2578263 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275457388 | BOY |
| EOY | 304457236 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 362721541 | BOY |
| EOY | 392693266 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
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 | 640000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1660477 | CurrentTaxYear |
| Total | 2300477 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 175938301 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 201972325 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 215000757 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 230131241 | CurrentTaxYearMinus1Year |
| Current Tax Year | 260965498 | CurrentTaxYear |
| Total | 1084008122 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 175938301 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 201972325 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 215000757 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 230771241 | CurrentTaxYearMinus1Year |
| Current Tax Year | 262625975 | CurrentTaxYear |
| Total | 1086308599 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 744764 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1856626 | CurrentTaxYear |
| Total | 2601390 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 27394998 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 35366570 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 28301121 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 29868001 | CurrentTaxYearMinus1Year |
| Current Tax Year | 30934592 | CurrentTaxYear |
| Total | 151865282 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 27394998 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 35366570 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 28301121 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30612765 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32791218 | CurrentTaxYear |
| Total | 154466672 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 931841927 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6230571 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8012395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7876843 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7036999 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6419666 | CurrentTaxYear |
| Total | 35576474 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6230571 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8012395 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7876843 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7036999 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6419666 | CurrentTaxYear |
| Total | 35576474 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 350165 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 604781 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 193568 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 215650 | CurrentTaxYearMinus1Year |
| Current Tax Year | 132124 | CurrentTaxYear |
| Total | 1496288 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 182519037 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 210589501 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 223071168 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 238023890 | CurrentTaxYearMinus1Year |
| Current Tax Year | 269177765 | CurrentTaxYear |
| Total | 1123381361 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.82950 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.82200 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03170 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03370 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | 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 | $101,364 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 101364 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV, Supplemental Information: | Identifier |
| Explanation | PART II-B, OTHER INFORMATION ACT HAS CERTAIN EMPLOYEES LOCATED IN WASHINGTON, D.C. THAT ARE REGISTERED LOBBYISTS. IN ADDITION, ACT CONTRACTED WITH A LOBBYING FIRM DURING THE YEAR TO ASSIST IN MONITORING FEDERAL AND STATE LEGISLATIVE ACTIVITY AND HELPING TO STRENGTHEN ACT'S RELATIONSHIPS WITHIN EACH STATE CONCERNING ACT INITIATIVES AND PROGRAMS. | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4402630 | OtherCostOrOtherBasis |
| Book Value | 4402630 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 67508445 | OtherCostOrOtherBasis |
| Depreciation | 19477849 | Depreciation |
| Book Value | 48030596 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5539945 | OtherCostOrOtherBasis |
| Depreciation | 4719310 | Depreciation |
| Book Value | 820635 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 66998116 | OtherCostOrOtherBasis |
| Depreciation | 54166224 | Depreciation |
| Book Value | 12831892 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 66085753 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST RATE SWAP | $2,463,849 |
| ACTUARIAL ESTIMATE OF EMPLOYEE BENEFIT PLAN LIABILITY | $3,079,137 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5542986 | TotalOfAmounts |
| Total Revenue | 274112883 | TotalRevenue |
| Total Expenses | 238211142 | TotalExpenses |
| Excess Or Deficit For Year | 35901741 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -147814 | NetUnrealizedGLOnInvestments |
| Other | -$6,754,079 | OtherAmount |
| Total Adjustments | -6901893 | TotalAdjustments |
| Excess Or Deficit Per FS | 28999848 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 273332381 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -147814 | NetUnrealizedGainsInvestments |
| Other Revenues | -653343 | OtherRevenues |
| Revenue Not Rptd F990 | -801157 | RevenueNotRptdF990 |
| Revenue Subtotal | 274133538 | RevenueSubtotal |
| Other Revenues Not Included | -20655 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -20655 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 274112883 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 244332533 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 8882119 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 8882119 | ExpensesNotRptdF990 |
| Expenses Subtotal | 235450414 | ExpensesSubtotal |
| Other Expenses Not Included | 2760728 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2760728 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 238211142 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | FIN 48 FOOTNOTE FROM AUDITED FINANCIAL REPORT, NOTES 1 AND 5 NOTE 1 - INCOME TAXES ACT WAS INCORPORATED UNDER THE NONPROFIT CORPORATION ACT OF IOWA ON AUGUST 23, 1960 AND WAS GRANTED EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AS OF MAY 3, 1965. NCEA WAS GRANTED NON-PROFIT STATUS BY THE INTERNAL REVENUE SERVICE IN A DETERMINATION LETTER DATED FEBRUARY 28, 2008. SEE NOTE 5 FOR INFORMATION ON INCOME TAXES ON UNRELATED BUSINESS INCOME. ACT AND NCEA EACH FILE A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO NOT-FOR-PROFIT ORGANIZATIONS INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50 PERCENT LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEETS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. NOTE 5 - INCOME TAXES ACT HAS CERTAIN REVENUE FROM PROGRAMS AND SERVICES THAT, BY VIRTUE OF A 1980 AGREEMENT WITH THE INTERNAL REVENUE SERVICE, IS DEEMED TO BE UNRELATED TO ITS TAX-EXEMPT PURPOSE AND, THEREFORE, MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAX. UNRELATED BUSINESS REVENUE FOR THE YEARS ENDED AUGUST 31, 2010 AND 2009 TOTALED $13,185,236 AND $13,352,201, RESPECTIVELY. THE TAXABLE INCOME AND INCOME TAX LIABILITY FOR THE YEAR ENDED AUGUST 31, 2010 IS $132,124 AND $34,778, RESPECTIVELY. THE TAXABLE INCOME AND INCOME TAX LIABILITY FOR THE YEAR ENDED AUGUST 31, 2009 IS $215,650 AND $67,354, RESPECTIVELY. ACT HAS APPLIED FOR THE VOLUNTARY DISCLOSURE PROGRAM IN 15 STATES WITH REGARD TO POTENTIAL STATE INCOME LAX LIABILITY ON ITS UNRELATED BUSINESS REVENUE. AS OF AUGUST 31, 2010, MANAGEMENT DOES NOT ANTICIPATE A SIGNIFICANT STATE INCOME TAX LIABILITY RESULTING FROM THIS PROGRAM. AS OF AUGUST 31, 2010 AND 2009, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY, EXCEPT FOR A POTENTIAL LIABILITY RELATED TO THE VOLUNTARY DISCLOSURE PROGRAM NOTED ABOVE WHICH IS NOT MEASURABLE AS OF AUGUST 31, 2010. FORMS 990 AND 990-T FILED BY ACT ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY ACT ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED AUGUST 31, 2006 AND PRIOR. FORM 990 FILED BY NCEA AS OF AUGUST 31, 2010, 2009, AND 2008 COULD BE SUBJECT TO EXAMINATION. |
| Part XI, Line 8 - Other Adjustments: | NET (DEPRECIATION) IN FAIR VALUE OF INTEREST RATE SWAPS: -534638. (DECREASE) IN NET ASSETS - FOREIGN SUBSIDIARIES: -1336993. (DECREASE) IN NET ASSETS - NATL CENTER FOR EDUCATIONAL ACHIEVEMENT: -1533111. (LOSS) OF NONMARKETABLE EQUITY SECURITIES - EDLINK: -412237. (IMPAIRMENT) ON NONMARKETABLE EQUITY SECURITIES: -823620. NATL CENTER FOR EDUCATIONAL ACHIEVEMENT - GRANT DEFERRAL: -2113480. | |
| Part XII, Line 2d - Other Adjustments: | NATL CENTER FOR EDUCATIONAL ACHIEVEMENT - GRANT ADJUSTMENT: -2000000. NATL CENTER FOR EDUCATIONAL ACHIEVEMENT REVENUE - SEPARATE ENTITY: 4432864. NET (DEPRECIATION) IN FAIR VALUE OF INTEREST RATE SWAPS: -534638. INTEREST EXPENSE NETTED WITH REVENUE FOR AUDIT: -760728. INTERCOMPANY REVENUE - AES: -145448. INTERCOMPANY REVENUE - ABS: -50700. ACT INTERNATIONAL REVENUE - SEPARATE ENTITIES: 1754644. (LOSS) OF NONMARKETABLE EQUITY SECURITIES - EDLINK: -412237. (IMPAIRMENT) ON NONMARKETABLE EQUITY SECURITIES: -823620. NATL CENTER FOR EDUCATIONAL ACHIEVEMENT - GRANT DEFERRAL: -2113480. | |
| Part XII, Line 4b - Other Adjustments: | (LOSS) ON SALE OF EQUIPMENT: -20655. | |
| Part XIII, Line 2d - Other Adjustments: | NATL CENTER FOR EDUCATIONAL ACHIEVEMENT EXPENSES - SEPARATE ENTITY: 5965975. INTERCOMPANY REVENUE- AES: -145448. INTERCOMPANY REVENUE- ABS: -50700. ACT INTERNATIONAL EXPENSES - SEPARATE ENTITIES: 3091637. LOSS ON SALE OF EQUIPMENT: 20655. | |
| Part XIII, Line 4b - Other Adjustments: | NATL CENTER FOR EDUCATIONAL ACHIEVEMENT GRANT ADJUSTMENT: 2000000. INTEREST EXPENSE NETTED WITH REVENUE FOR AUDIT: 760728. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (11 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| East Asia and the Pacific | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| Europe (Including Iceland & Greenland) | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 339829 |
| Middle East and North Africa | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| North America | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 720091 |
| Russia & the Newly Independent States | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| South America | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| South Asia | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| Sub-Saharan Africa | 0 | 0 | PROGRAM SERVICES | TESTING SERVICES | 0 |
| East Asia and the Pacific | INVESTMENTS | N/A | |||
| Europe (Including Iceland & Greenland) | INVESTMENTS | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 1059920 | TotalAmountSpent |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method Used to Acccount for Expenditures: | Identifier |
| Explanation | Schedule F, Part I, Line 3: THE FOREIGN EXPENDITURES REPORTED ON SCHEDULE F RELATE TO THE ADMINISTRATION OF ACT ASSESSMENTS INTERNATIONALLY. ACT MAY HAVE OTHER FOREIGN EXPENDITURES IN THE REGIONS LISTED THAT SUPPORT THE PROGRAMS OF ACT'S FOREIGN SUBSIDIARIES. THESE AMOUNTS ARE NOT SEPARATELY TRACKED AND ARE NOT REFLECTED IN THE AMOUNTS REPORTED. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (16 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 |
|---|---|---|---|---|---|---|---|---|
| THE EDUCATION TRUST INC | ||||||||
| 1250 H St STE 700 | Washington | DC | 20006 | 521982223 | 501(c)(3) | 15000 | SPONSORSHIP OF CONFERENCE | |
| UNIVERSITY OF IOWA FOUNDATION | ||||||||
| 500 Alumni Center PO Box 4550 | Iowa City | IA | 52244 | 420796760 | 501(c)(3) | 5025000 | $5,000 ANN YORK SCHOLARSHIP FUND; $20,000 TOMAS KUBINEK SYMPHONY PROJECT; $5,000,000 ACT SCHOLARS PROGRAM | |
| UNITED WAY OF JOHNSON COUNTY | ||||||||
| 1150 5th St STE 290 | Coralville | IA | 52241 | 426062055 | 501(c)(3) | 57273 | UNRESTRICTED CONTRIBUTION | |
| KIRKWOOD COMMUNITY COLLEGE FOUNDATION | ||||||||
| 1030 5th Ave SE STE 2700 | Cedar Rapids | IA | 52403 | 237076632 | 501(c)(3) | 2015000 | $2,000,000 ESTABLISHMENT OF ACT STEM SCHOLARSHIP PROGRAM; $15,000 WORKPLACE LEARNING CONNECTION | |
| UNIVERSITY OF IOWA | ||||||||
| 129 E Washington St | Iowa City | IA | 52242 | 426004813 | 501(c)(3) | 5250 | $5,000 MATH CONFERENCES; $250 DANCE MARATHON | |
| AMERICAN CANCER SOCIETY | ||||||||
| 4080 1st St NE STE 101 | Cedar Rapids | IA | 52402 | 131788491 | 501(c)(3) | 11000 | $10,000 HOPE LODGE PLEDGE; $1,000 RELAY FOR LIFE | |
| IOWA CITY CHAMBER OF COMMERCE | ||||||||
| 325 E Washington Ste 100 | Iowa City | IA | 52240 | 420330530 | 501(c)(6) | 9300 | $7000 EDUCATION PREMIER PROGRAM SPONSOR; $1,500 SMALL BUSINESS OF THE YEAR AWARD SPONSOR; $800 ANNUAL TABLE BANQUET SPONSOR | |
| DIVERSITY FOCUS | ||||||||
| 205 2nd Ave SE | Cedar Rapids | IA | 52401 | 203420207 | 501(c)(3) | 40000 | SPONSORSHIP | |
| COMMUNITY FOUNDATION OF JOHNSON COUNTY | ||||||||
| 325 E Washington St | Iowa City | IA | 52240 | 421508117 | 501(c)(3) | 25000 | UNITED WAY HEALTHY KIDS SCHOOL BASED CLINICS | |
| IOWA CITY COMMUNITY SCHOOL DISTRICT FOUNDATION | ||||||||
| 509 S Dubuque St | Iowa City | IA | 52240 | 421177023 | 501(c)(3) | 25000 | UNRESTRICTED CONTRIBUTION | |
| INSTITUTE OF INTERNATIONAL EDUCATION | ||||||||
| Office of Development 809 United | New York | NY | 10017 | 131624046 | 501(c)(3) | 10610 | RELIEF TO HAITIAN STUDENTS | Nations Plaza |
| NATIONAL GOVERNORS ASSOCIATION CENTER FOR BEST PRACTICES | ||||||||
| 444 N Capitol St STE 267 | Washington | DC | 20001 | 237391796 | 501(c)(3) | 20000 | CORPORATE FELLOWS PROGRAM | |
| WESTERN INTERSTATE COMMISSION FOR HIGHER EDUCATION | ||||||||
| 3035 CENTER GREEN DR STE 200 | BOULDER | CO | 80301 | 846008945 | 501(c)(3) | 75000 | SUPPORT FOR 8TH EDITION OF "KNOCKING ON THE COLLEGE DOOR: PROJECTIONS OF HIGH SCHOOL GRADUATES BY STATE AND RACE/ETHNICITY" | |
| HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES | ||||||||
| 8415 DATAPOINT DR STE 400 | SAN ANTONIO | TX | 78229 | 742466103 | 501(c)(3) | 10000 | SUPPORT "ACT ON THE DREAM COALITION" | |
| NORTH LIBERTY COMMUNITY LIBRARY | ||||||||
| 520 W CHERRY ST PO BOX 320 | NORTH LIBERTY | IA | 52317 | 420926682 | 501(c)(3) | 50000 | BUILDING CAMPAIGN | |
| NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT | ||||||||
| 4030-2 W BRAKER LN SUITE 200 | AUSTIN | TX | 78759 | 260778560 | 501(c)(3) | 2000000 | FOR USE IN GENERAL OPERATIONS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 15 | 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: ALL GRANTS AND CONTRIBUTIONS ARE REVIEWED AND APPROVED BY THE CEO PRIOR TO PAYMENT. MONTHLY FINANCIALS ARE PREPARED BY NCEA AND SENT TO ACT FOR REVIEW. TOM GOEDKEN, ACT CFO, REVIEWS THE INCOME STATEMENT EACH MONTH AND DISCUSSES IT WITH ROXANA GALAN, NCEA CFO. IN ADDITION, MR. GOEDKEN ALSO LOOKS AT NCEA'S BALANCE SHEET ON A QUARTERLY BASIS. IN ADDITION TO MR. GOEDKEN'S REVIEW, CYNTHIA SCHMEISER, ACT COO, REVIEWS NCEA OPERATIONS AS ONE OF ACT'S PROJECTS. THIS ENTAILS REVIEWING MONTHLY FINANCIALS AND DISCUSSIONS WITH ANGELA HALL WATKINS, NCEA MANAGING DIRECTOR. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| 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 |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD L FERGUSON | |||||||||||||
| 603067 | 0 | 402700 | 0 | 12466 | 0 | 39200 | 0 | 5687 | 0 | 1063120 | 0 | 51323 | 0 |
| THOMAS GOEDKEN | |||||||||||||
| 311767 | 0 | 7500 | 0 | 1726 | 0 | 53686 | 0 | 13022 | 0 | 387701 | 0 | 0 | 0 |
| CYNTHIA SCHMEISER | |||||||||||||
| 320577 | 0 | 7500 | 0 | 6423 | 0 | 79031 | 0 | 16764 | 0 | 430295 | 0 | 0 | 0 |
| MARTIN L SCAGLIONE | |||||||||||||
| 285324 | 0 | 7500 | 0 | 1683 | 0 | 51030 | 0 | 13961 | 0 | 359498 | 0 | 0 | 0 |
| ARTHUR C PETERS | |||||||||||||
| 206342 | 0 | 5000 | 0 | 1958 | 0 | 25374 | 0 | 14394 | 0 | 253068 | 0 | 0 | 0 |
| ANN YORK | |||||||||||||
| 177068 | 0 | 5000 | 0 | 49353 | 0 | 29378 | 0 | 7722 | 0 | 268521 | 0 | 0 | 0 |
| THOMAS SATERFIEL | |||||||||||||
| 219435 | 0 | 5000 | 0 | 1911 | 0 | 53888 | 0 | 14443 | 0 | 294677 | 0 | 0 | 0 |
| JON ERICKSON | |||||||||||||
| 217286 | 0 | 5000 | 0 | 1858 | 0 | 59801 | 0 | 11451 | 0 | 295396 | 0 | 0 | 0 |
| ROSE RENNEKAMP | |||||||||||||
| 208796 | 0 | 5000 | 0 | 2016 | 0 | 41847 | 0 | 12044 | 0 | 269703 | 0 | 0 | 0 |
| DOUGLAS BECKER | |||||||||||||
| 198098 | 0 | 5000 | 0 | 1172 | 0 | 24414 | 0 | 17056 | 0 | 245740 | 0 | 0 | 0 |
| RANJIT SIDHU | |||||||||||||
| 259458 | 0 | 5000 | 0 | 893 | 0 | 37863 | 0 | 14678 | 0 | 317892 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | THOMAS GOEDKEN, CYNTHIA SCHMEISER, AND MARTIN SCAGLIONE RECEIVED AMOUNTS FOR SPOUSAL TRAVEL. THESE AMOUNTS ARE TAXABLE TO THE EMPLOYEE AND ARE REFLECTED IN REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B)(III). THOMAS SATERFIEL, JON ERICKSON, ANN YORK, RANJIT SIDHU, AND DOUGLAS BECKER RECEIVED AMOUNTS FOR HEALTH OR SOCIAL CLUB DUES. THESE AMOUNTS ARE TAXABLE TO THE EMPLOYEE AND ARE REFLECTED IN REPORTABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (B)(III). |
| Part I, Line 4a | PART II, COLUMN (B)(II), REPORTABLE INCENTIVE COMPENSATION FOR RICHARD FERGUSON INCLUDES A DISTRIBUTION FROM A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN IN THE AMOUNT OF $341,377 AS WELL AS A DISTRIBUTION OF DEFERRED COMPENSATION UNDER IRC SECTION 457(F) IN THE AMOUNT OF $51,323 THAT WAS REPORTED ON A PRIOR YEAR FORM 990. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NCEA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SEE SCH O | Relationship |
| Amount Of Transaction | 4906999 | AmountOfTransaction |
| Description Of Transaction | SEE SCH O | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part III, line 2 | New Program Services | EFFECTIVE AUGUST 31, 2010, THE ACTIVITIES OF NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT ("NCEA") WERE MERGED INTO ACT, INC. ("ACT"). PRIOR TO THE MERGER, NCEA WAS AN ENTITY SEPARATE FROM, BUT CONTROLLED BY ACT THROUGH ACT'S APPOINTMENT OF ALL DIRECTORS ON THE NCEA BOARD. NCEA WAS ORGANIZED AS A TEXAS NONPROFIT CORPORATION AND WAS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3) WITH AN EDUCATIONAL PURPOSE AND MISSION SIMILAR TO THAT OF ACT. THE BOARD OF DIRECTORS OF ACT AND THE BOARD OF DIRECTORS OF NCEA CONCLUDED THAT IT WAS IN THE BEST INTERESTS OF BOTH ENTITIES FOR NCEA TO BE MERGED INTO ACT TO CONTINUE THE MISSION AND OBJECTIVES OF NCEA: TO HELP K-12 STUDENTS REACH COLLEGE AND CAREER READINESS. |
| Form 990, Part VI, Section A, line 2 | SOME OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH OTHER OFFICERS AND DIRECTORS TO THE EXTENT THAT THEY ALSO SERVE TOGETHER ON THE BOARDS OF OTHER ENTITIES: (1) RICHARD FERGUSON AND THOMAS GOEDKEN ARE DIRECTORS OF ACT INTERNATIONAL B.V. (2) RICHARD FERGUSON AND THOMAS GOEDKEN ARE DIRECTORS OF ACT EDUCATION SOLUTIONS LTD (HONG KONG). (3) RICHARD FERGUSON AND THOMAS GOEDKEN ARE DIRECTORS OF ACT EDUCATION SOLUTIONS (AUSTRALIA) PTY LTD. (4) RICHARD FERGUSON AND THOMAS GOEDKEN ARE DIRECTORS OF ACT INFORMATION CONSULTING (SHANGHAI) CO LTD. (5) RICHARD FERGUSON AND THOMAS GOEDKEN ARE DIRECTORS OF ACT BUSINESS SOLUTIONS B.V. (6) RICHARD FERGUSON, THOMAS GOEDKEN, CHARLES REED, AND ROBERTS JONES ARE DIRECTORS AND/OR OFFICERS OF NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT (NCEA). (7) RICHARD FERGUSON, THOMAS GOEDKEN, AND J THEODORE SANDERS ARE DIRECTORS OF TEACHERS SUPPORT NETWORK (TSN). | |
| Form 990, Part VI, Section A, line 4 | SIGNIFICANT CHANGES TO THE ARTICLES OF INCORPORATION AND BYLAWS (1) THE EXEMPT PURPOSE WAS RE-WORDED AND NOW READS AS FOLLOWS: THE CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO FURTHER EDUCATIONAL, SCIENTIFIC, OR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL TAX CODE (THE "CODE"), INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(A) OF THE CODE BY REASON OF DESCRIPTION IN SECTION 501(C)(3) OF THE CODE. THE CORPORATION'S PURPOSES SHALL INCLUDE, BUT NOT BE LIMITED TO, ADVANCING EDUCATION BY PROVIDING PROGRAMS, SERVICES, AND CONDUCTING RESEARCH THAT ASSISTS: (A) INDIVIDUALS PLANNING AND PURSUING EDUCATION AND TRAINING, (B) EDUCATORS DELIVERING INSTRUCTION AND TRAINING, AND (C) POLICY MAKERS CONCERNED WITH ENSURING THAT INDIVIDUALS ARE READY FOR EDUCATION AND WORKPLACE SUCCESS. TO ENABLE THE CORPORATION TO CARRY OUT SUCH PURPOSES, IT SHALL HAVE THE POWER TO DO ANY AND ALL LAWFUL ACTS AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES, DIRECTLY OR INDIRECTLY, ALONE OR IN CONJUNCTION WITH OTHERS, WHICH MAY BE NECESSARY, PROPER OR SUITABLE FOR THE ATTAINMENT OF ANY OF THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED. (2) THE ARTICLES OF INCORPORATION FORMERLY STATED THAT THE CHIEF EXECUTIVE OFFICER SHALL SERVE AS A DIRECTOR AND AS BOARD CHAIR. THE REVISED ARTICLES NOW STATE THAT THE CHIEF EXECUTIVE OFFICER SHALL SERVE AS A DIRECTOR. THE BYLAWS NOW SPECIFY THAT THE BOARD CHAIR WILL BE A DIRECTOR OTHER THAN THE CHIEF EXECUTIVE OFFICER. (3) THE POLICIES AND PROCEDURES IN THE BYLAWS REGARDING COMPENSATION OF OFFICERS AND DIRECTORS WAS RE-WORDED TO ADJUST FOR THE CHANGE DESCRIBED IN (2) ABOVE. THIS IS NOT CONSIDERED A SUBSTANTIVE CHANGE. THE COMPENSATION PROCEDURES NOW READ AS FOLLOWS: THE BOARD OF DIRECTORS SHALL DETERMINE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE OF THE BOARD, IN ACCORDANCE WITH APPLICABLE COMPENSATION POLICIES OF THE CORPORATION. COMPENSATION FOR DIRECTORS SHALL BE DETERMINED IN ACCORDANCE WITH APPLICABLE COMPENSATION POLICIES OF THE CORPORATION. | |
| Form 990, Part VI, Section B, line 11 | PROCEDURES FOR REVIEW OF FORM 990 THE AUDIT COMMITTEE OF THE CORPORATION CONDUCTS A SUBSTANTIVE REVIEW OF THE FORM 990 PRIOR TO ITS FILING WITH THE ASSISTANCE OF THE CORPORATION'S CHIEF FINANCIAL OFFICER, COUNSEL, AND STAFF. THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO ALL OF THE MEMBERS OF THE CORPORATION'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. | |
| Form 990, Part VI, Section B, line 12c | ACT HAS CREATED AN ETHICS ADVISORY COMMITTEE. MEMBERS OF THE ETHICS ADVISORY COMMITTEE REVIEW CONFLICT OF INTEREST QUESTIONNAIRES SUBMITTED BY EMPLOYEES AND ARE RESPONSIBLE FOR SEEING THAT CONFLICTS OF INTEREST ARE INVESTIGATED AND APPROPRIATELY ADDRESSED. THEY ALSO WORK CLOSELY WITH ACT'S HUMAN RESOURCES DEPARTMENT TO DEVELOP EDUCATION AND TRAINING PROGRAMS FOR EMPLOYEES REGARDING THE CONFLICTS OF INTEREST POLICY AND ETHICS ISSUES. THE ETHICS ADVISORY COMMITTEE REPORTS DIRECTLY TO THE AUDIT COMMITTEE OF ACT'S BOARD OF DIRECTORS. CONFLICT OF INTEREST QUESTIONNAIRES SUBMITTED BY DIRECTORS OR OFFICERS ARE REVIEWED AND ADDRESSED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. | |
| Form 990, Part VI, Section B, line 15 | COMPENSATION OF OFFICERS AND DIRECTORS IS DETERMINED BY THE BOARD BASED UPON AN INDEPENDENT COMPENSATION STUDY CONDUCTED BY A PROFESSIONAL FIRM. COMPENSATION OF KEY EMPLOYEES IS INFORMED BY THE SAME STUDY AND IS ESTABLISHED BY THE BOARD ANNUALLY. ALL OTHER EMPLOYEE COMPENSATION IS REVIEWED AT LEAST ANNUALLY, UNDER THE DIRECTION OF THE HUMAN RESOURCE DEPARTMENT. | |
| Form 990, Part VI, Section C, line 19 | ACT DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART VII, SECTION A: | PER ACT POLICY, BOARD MEMBERS ARE EXPECTED TO PARTICIPATE IN FOUR THREE-DAY BOARD MEETINGS, COMMITTEE MEETINGS THAT OCCUR THROUGHOUT THE YEAR, AND AT OTHER TIMES TO DISCUSS IMPORTANT AND STRATEGIC MATTERS PERTAINING TO ACT. IN EXCHANGE FOR THEIR VALUABLE TIME AND SERVICE, ACT COMPENSATES THE BOARD WITH AN ANNUAL AMOUNT THAT IS PRORATED FOR MEETING ATTENDANCE AND PARTIAL YEARS OF SERVICE. THE LEAD DIRECTOR AND COMMITTEE CHAIRS, AS WELL AS BOARD MEMBERS WHO ARE REQUESTED TO PROVIDE TIME OTHER THAN FOR MEETING ATTENDANCE, RECEIVE ADDITIONAL COMPENSATION AT A COMMENSURATE HOURLY RATE. IN ADDITION TO SERVING AS CHAIRMAN OF THE BOARD, RICHARD FERGUSON ALSO SERVED AS CEO OF ACT. HIS COMPENSATION AS CEO IS DISCLOSED ON FORM 990, PART VII, SECTION A. HE RECEIVES NO ADDITIONAL COMPENSATION FOR SERVICE AS BOARD CHAIR. SOME BOARD MEMBERS HAVE CHOSEN TO FORGO COMPENSATION FOR THEIR SERVICES TO ACT. | |
| FORM 990, PART VII, SECTION A AND SCHEDULE J | ACTUARIAL INCREASE IN EARLY RETIREMENT BENEFIT | THE ORGANIZATION MAINTAINS A LEGACY EARLY RETIREMENT PLAN THAT HAS BEEN CLOSED TO NEW ENTRANTS. FORM 990, PART VII, SECTION A, COLUMN (F), "OTHER COMPENSATION" AND SCHEDULE J, PART II, COLUMN (C), "DEFERRED COMPENSATION" INCLUDES THE INCREASE IN ACTUARIAL VALUE THAT HAS OCCURRED TO AN INDIVIDUAL'S VESTED BALANCE DURING THE YEAR ENDED AUGUST 31, 2010. DEPENDING ON THE INDIVIDUAL'S AGE AT DATE OF RETIREMENT, THE ACTUAL EARLY RETIREMENT BENEFIT DISTRIBUTED AT THE TIME OF RETIREMENT MAY BE LESS THAN THE AMOUNT THAT IS CURRENTLY BEING INCLUDED IN OTHER/DEFERRED COMPENSATION. |
| FORM 990, PART IV, LINE 12 AND PART XI, LINES 2B AND 2C | AUDITED FINANCIAL STATEMENTS | THE ORGANIZATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| FORM 990, PART I, LINE 6 | EXPLANATION OF ESTIMATE OF VOLUNTEERS | APPROXIMATELY NINE THOUSAND REPRESENTATIVES FROM EDUCATIONAL INSTITUTIONS ARE MEMBERS OF ACT'S ADVISORY GROUPS THAT RECEIVE INFORMATION FROM ACT AND PROVIDE INPUT. OUT OF THIS GROUP, THERE ARE APPROXIMATELY 845 INDIVIDUALS WHO ACTIVELY VOLUNTEER THEIR TIME TO SERVE IN AN ADVISORY CAPACITY BY ATTENDING MEETINGS WITH ACT REGIONAL OFFICE STAFF TO PROVIDE INPUT. |
| FORM 990, SCH L, PART IV | EXPLANATION REGARDING NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT (NCEA) | (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: NCEA IS AN IRC SECTION 501(C)(3) EXEMPT ORGANIZATION WITH AN EDUCATIONAL PURPOSE AND MISSION SIMILAR TO THAT OF ACT, INC. NCEA IS A CONTROLLED ENTITY OF ACT, INC. IN THE SENSE THAT ACT, INC. APPOINTS ALL OF THE DIRECTORS ON THE NCEA BOARD OF DIRECTORS. ALL NCEA DIRECTORS AND/OR OFFICERS ARE ALSO DIRECTORS AND/OR OFFICERS OF ACT, INC. THIS INCLUDES (1) RICHARD FERGUSON, CEO/CHAIRMAN OF BOARD (2) THOMAS GOEDKEN, CFO/TREASURER, (3) CHARLES REED, DIRECTOR, AND (4) ROBERTS JONES, DIRECTOR. (D) DESCRIPTION OF TRANSACTION: NCEA PAID ACT $4,906,999 FOR SALARIES, BENEFITS, AND PAYROLL TAXES OF EMPLOYEES PROVIDING SERVICES TO NCEA THAT ARE LEASED FROM ACT, INC. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4030-2 WEST BRAKER LANE NO 200 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78759 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260778560 | EIN |
| Primary Activities | EDUCATIONAL RESEARCH | PrimaryActivities |
| Legal Domicile State | TX | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 9 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part IV Form990ScheduleRPartIV (6 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|
| ACT EDUCATION SOLUTIONS LTD (HONG KONG) | ||||||||||
| ROOM 2503 BANK OF AMERICA TOWER | HONG KONG | HK | TESTING SERVICES | HK | ACT INTERNATIONAL BV | C | -976158 | 2509258 | 1.00000 | |
| ACT INTERNATIONAL BV | ||||||||||
| NARITAWEG 165 1043 BW | AMSTERDAM | NL | HOLDING COMPANY | NL | C | -41496 | 5534119 | 1.00000 | N/A | |
| ACT BUSINESS SOLUTIONS BV | ||||||||||
| NARITAWEG 165 1043 BW | AMSTERDAM | NL | HOLDING COMPANY | NL | ACT INTERNATIONAL BV | C | -439725 | 313198 | 1.00000 | |
| ACT EDUCATION SOLUTIONS (AUSTRALIA) PTY LTD | ||||||||||
| LEVEL 7 54 MILLER ST | NORTH SYDNEY, NSW 2060 | AS | TESTING SERVICES | AS | ACT EDUCATION SOLUTIONS LTD (HONG KONG) | C | 24616 | 909450 | 1.00000 | |
| ACT EDUCATION SOLUTIONS (KOREA) INC | ||||||||||
| 20F KOREA FIRST BANK BLDG 100 GONG | SEOUL | KS | TESTING SERVICES | KS | ACT EDUCATION SOLUTIONS LTD (HONG KONG) | C | -133051 | 74515 | 1.00000 | |
| ACT INFORMATION CONSULTING (SHANGHAI) CO LTD | ||||||||||
| ROOM 1204 TIAN AN CTR 338 NANJING | SHANGHAI | CH | TESTING SERVICES | CH | ACT EDUCATION SOLUTIONS LTD (HONG KONG) | C | 415570 | 1099265 | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | 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 | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | 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 (6 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| ACT INTERNATIONAL BV | |
| B | 1693910 |
| ACT EDUCATION SOLUTIONS LTD (HONG KONG) | |
| P | 117954 |
| ACT EDUCATION SOLUTIONS LTD (HONG KONG) | |
| K | 62845 |
| NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT | |
| B | 2000000 |
| NATIONAL CENTER FOR EDUCATIONAL ACHIEVEMENT | |
| N | 4906999 |
| ACT BUSINESS SOLUTIONS BV | |
| A | 5102 |
Comments