PARTNERSHIP FOR ED ADVANCEMENT INC: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- PARTNERSHIP FOR ED ADVANCEMENT INC (EIN 83-1400442)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-09-15
- IRS object ID
- 202602589349301945
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-15T17:06:37-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831400442 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARTNERSHIP FOR EDUCATION ADVANCEMENT | BusinessNameLine1Txt |
| Business Name Line2 | INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PART | BusinessNameControlTxt |
| Phone | 2128938821 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 499 PARK AVENUE 27TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES RUNCIE | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2128938821 | PhoneNum |
| Signature | 2026-09-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL WALLACE | PreparerPersonNm |
| PTIN | P00881958 | PTIN |
| Phone | 2126972299 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ED ADVANCEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES RUNCIE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 499 PARK AVENUE 27TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,865,563 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://WWW.EDADVANCEMENT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2018 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE PARTNERSHIP FOR EDUCATION ADVANCEMENT IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION COMMITTED TO SUPPORTING SOCIAL MOBILITY THROUGH STRENGTHENING OF MISSION-FOCUSED COLLEGES AND UNIVERSITIES THAT PRIMARILY SERVE LOW-INCOME, FIRST-GENERATION, AND UNDER-RESOURCED STUDENTS AND FAMILIES. WE ARE DEDICATED TO THE FOLLOWING PRINCIPLES AS WE CARRY OUT OUR MISSION:- OUR RESOURCES AND INVESTMENTS ALIGN WITH STUDENTS' FUTURE SUCCESS IN EVIDENT AND MEASURABLE WAYS.- WE MUST ACKNOWLEDGE AND UPHOLD THE CAPACITY OF MINORITY SERVING INSTITUTIONS, INCLUDING HBCUS, TO LEAD EQUITY EFFORTS.- TRANSFORMATION REQUIRES SOLUTIONS THAT ARE SUSTAINABLE, SCALABLE, AND BROADLY ADOPTABLE | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 38 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,287,304 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,730,131 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,326,538 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,481,360 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,324,306 | PYInvestmentIncomeAmt |
| CY Investment Income | $978,818 | CYInvestmentIncomeAmt |
| PY Other Revenue | $13,669 | PYOtherRevenueAmt |
| CY Other Revenue | $17,839 | CYOtherRevenueAmt |
| PY Total Revenue | $21,951,817 | PYTotalRevenueAmt |
| CY Total Revenue | $13,208,148 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,989,812 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,232,262 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,388,963 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,099,311 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $781,990 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,781,561 | PYOtherExpensesAmt |
| CY Other Expenses | $11,466,418 | CYOtherExpensesAmt |
| PY Total Expenses | $24,160,336 | PYTotalExpensesAmt |
| CY Total Expenses | $19,797,991 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,208,519 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,589,843 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,459,148 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,931,867 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,600,409 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,325,931 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $27,858,739 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,605,936 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OUR MISSION IS TO SUPPORT SOCIAL MOBILITY BY STRENGTHENING MISSION-FOCUSED COLLEGES AND UNIVERSITIES THAT PRIMARLY SERVE LOW INCOME, FIRST GENERATION, AND UNDER-RESOURCED STUDENTS AND FAMILIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,236,083 | ExpenseAmt |
| Grant | $1,232,262 | GrantAmt |
| Revenue | $1,481,360 | RevenueAmt |
| Desc | HBCU TRANSFORMATION DEEP SUPPORT FOR SCHOOLS WITHIN THE HBCU NETWORK TO IMPROVE ENROLLMENT,RETENTION, AND GRADUATION RATES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,427,064 | ExpenseAmt |
| Desc | CAPACITY BUILDING AND SUPPORTCAPACITY BUILDING AND SUPPORT TO MISSION-ALIGNED UNIVERSITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $17,663,147 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 38 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NARA LEE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2128646765 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 DUPONT CIRCLE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| HAMILTON JAMES | |||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES RUNCIE | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | Yes (X) | $321,046 | $0 | $21,779 | |
| GARRETT MORAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VERDUN PERRY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR BERYL MCEWEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ARNE DUNCAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW SESSA | |||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | $315,835 | $0 | $33,969 | ||
| NARA LEE | |||||||
| SENIOR FINANCE OFFICER | 40.00 | Yes (X) | $239,134 | $0 | $0 | ||
| ROBIN MINOR | |||||||
| SVP INSTITUTIONAL PARTNERS | 40.00 | $325,000 | $0 | $0 | Yes (X) | ||
| ANNE ELIZABETH REZNIK | |||||||
| CHIEF OF STAFF | 40.00 | $306,700 | $0 | $0 | Yes (X) | ||
| ANNE MARIE MONROE | |||||||
| VP, PARTNER DEVELOPMENT | 40.00 | $221,991 | $0 | $10,958 | Yes (X) | ||
| KA'RIN THORNBURG | |||||||
| VP, SERVICES AND SOLUTIONS | 40.00 | $223,458 | $0 | $10,371 | Yes (X) | ||
| CHARRITA QUIMBY | |||||||
| VP, PARTNERSHIPS AND ENGAGEMENT | 40.00 | $224,801 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,177,965 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $77,077 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AMBIENT CONSULTING LLC | |||||
| 110 CHESHIRE LN | HOPKINS | MN | 553051001 | EDUCATION CONSULTING | $1,023,910 |
| ENROLLMENTFUEL LLC | |||||
| PO BOX 9792 | CHAPEL HILL | NC | 27515 | EDUCATION CONSULTING | $761,238 |
| RNL - RUFFALO NOEL LEVITZ | |||||
| PO BOX 718 | DES MOINES | IA | 503030718 | EDUCATION CONSULTING | $745,332 |
| FINANCIAL AID SERVICES | |||||
| 180 INTERSTATE NORTH PARKWAY | ATLANTA | GA | 30339 | EDUCATION CONSULTING | $619,316 |
| WHITEBOARD ADVISORS LLC | |||||
| 1000 POTOMAC STREET NW | WASHINGTON | DC | 20007 | EDUCATION CONSULTING | $221,001 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $10,730,131 | AllOtherContributionsAmt |
| Total Contributions | $10,730,131 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONSULTING CONTRACT REVENUE | Desc |
| Business | 541610 | BusinessCd |
| Total Revenue Column | $1,481,360 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,481,360 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,481,360 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,000,179 | TotalRevenueColumnAmt |
| Exclusion | $1,000,179 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,636,054 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,657,415 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$21,361 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$21,361 | TotalRevenueColumnAmt |
| Exclusion | -$21,361 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $17,839 | TotalRevenueColumnAmt |
| Exclusion | $17,839 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,839 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,208,148 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,481,360 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $996,657 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,232,262 | TotalAmt |
| Program Services | $1,232,262 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $883,220 | TotalAmt |
| Program Services | $471,774 | ProgramServicesAmt |
| Management And General | $265,390 | ManagementAndGeneralAmt |
| Fundraising | $146,056 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,007,469 | TotalAmt |
| Program Services | $4,001,325 | ProgramServicesAmt |
| Management And General | $557,077 | ManagementAndGeneralAmt |
| Fundraising | $449,067 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,444 | TotalAmt |
| Program Services | $596,962 | ProgramServicesAmt |
| Management And General | $111,492 | ManagementAndGeneralAmt |
| Fundraising | $71,990 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,178 | TotalAmt |
| Program Services | $325,415 | ProgramServicesAmt |
| Management And General | $59,945 | ManagementAndGeneralAmt |
| Fundraising | $42,818 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,543 | TotalAmt |
| Management And General | $35,543 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,385 | TotalAmt |
| Management And General | $113,385 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,624 | TotalAmt |
| Management And General | $84,624 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,589,529 | TotalAmt |
| Program Services | $10,532,294 | ProgramServicesAmt |
| Management And General | $32,540 | ManagementAndGeneralAmt |
| Fundraising | $24,695 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,314 | TotalAmt |
| Program Services | $3,279 | ProgramServicesAmt |
| Management And General | $604 | ManagementAndGeneralAmt |
| Fundraising | $431 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,068 | TotalAmt |
| Program Services | $74,532 | ProgramServicesAmt |
| Management And General | $13,729 | ManagementAndGeneralAmt |
| Fundraising | $9,807 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $148,598 | TotalAmt |
| Program Services | $145,745 | ProgramServicesAmt |
| Management And General | $2,511 | ManagementAndGeneralAmt |
| Fundraising | $342 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,950 | TotalAmt |
| Program Services | $89,642 | ProgramServicesAmt |
| Management And General | $16,513 | ManagementAndGeneralAmt |
| Fundraising | $11,795 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,940 | TotalAmt |
| Program Services | $172,474 | ProgramServicesAmt |
| Management And General | $31,772 | ManagementAndGeneralAmt |
| Fundraising | $22,694 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,674 | TotalAmt |
| Management And General | $9,674 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,231 | TotalAmt |
| Program Services | $3,216 | ProgramServicesAmt |
| Management And General | $592 | ManagementAndGeneralAmt |
| Fundraising | $423 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROFESSIONAL DEVELOPMEN | $14,842 | $14,842 | ||
| MISCELLANEOUS EXPENSES | $13,442 | $1,882 | $10,216 | $1,344 |
| DUES AND SUBSCRIPTIONS | $5,278 | $739 | $4,011 | $528 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,797,991 | TotalAmt |
| Program Services | $17,663,147 | ProgramServicesAmt |
| Management And General | $1,352,854 | ManagementAndGeneralAmt |
| Fundraising | $781,990 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $685,325 | BOYAmt |
| EOY | $1,538,690 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,405 | BOYAmt |
| EOY | $322,436 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,000 | BOYAmt |
| EOY | $1,793,785 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,427,064 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $557,656 | BOYAmt |
| EOY | $709,528 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $180,583 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,124 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,928 | BOYAmt |
| EOY | $147,459 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,018,171 | BOYAmt |
| EOY | $16,808,433 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,004,197 | BOYAmt |
| EOY | $982,162 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,466 | BOYAmt |
| EOY | $2,202,310 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,459,148 | BOYAmt |
| EOY | $25,931,867 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $762,792 | BOYAmt |
| EOY | $1,065,503 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $734,759 | BOYAmt |
| EOY | $94,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,858 | BOYAmt |
| EOY | $3,165,928 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,600,409 | BOYAmt |
| EOY | $4,325,931 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,443,104 | BOYAmt |
| EOY | $13,509,480 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,415,635 | BOYAmt |
| EOY | $8,096,456 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,858,739 | BOYAmt |
| EOY | $21,605,936 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,459,148 | BOYAmt |
| EOY | $25,931,867 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$6,589,843 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $268,290 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $68,750 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,197,369 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,828,572 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,338,922 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,287,304 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,730,131 | CurrentTaxYearAmt |
| Total | $103,382,298 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,197,369 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,828,572 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,338,922 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,287,304 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,730,131 | CurrentTaxYearAmt |
| Total | $103,382,298 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $8,915,921 | SubstantialContributorsTotAmt |
| Public Support Total170 | $94,466,377 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,119 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,851 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $119,154 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,323,051 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,000,179 | CurrentTaxYearAmt |
| Total | $2,446,354 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $13,669 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,839 | CurrentTaxYearAmt |
| Total | $31,508 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $105,860,160 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,807,898 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89240 | PublicSupportCY170Pct |
| Public Support PY170 | 0.92310 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $180,583 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,124 | DepreciationAmt |
| Book Value | $147,459 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $147,459 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE RIGHT-OF-USE ASSET | Desc |
| Book Value | $2,202,310 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,202,310 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITY | $2,228,428 |
| REFUNDABLE ADVANCE | $937,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,165,928 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $13,823,942 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $268,290 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $363,378 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $68,750 | RecoveriesPriorYearGrantsAmt |
| Revenue Not Reported | $700,418 | RevenueNotReportedAmt |
| Revenue Subtotal | $13,123,524 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $84,624 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $84,624 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $13,208,148 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,076,745 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $363,378 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $363,378 | ExpensesNotReportedAmt |
| Expenses Subtotal | $19,713,367 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $84,624 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $84,624 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,797,991 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BENEDICT COLLEGE | ||||||||
| 1600 HARDEN STREET | COLUMBIA | SC | 29204 | 570314365 | 501C(3) | $50,000 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| BOWIE STATE | ||||||||
| 14000 JERICHO PK RD | BOWIE | MD | 20715 | 520952758 | 501C(3) | $85,750 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| GRAMBLING STATE | ||||||||
| 403 SOUTH MAIN STREET | GRAMBLING | LA | 71245 | 726000751 | 501C(3) | $58,939 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| JACKSON STATE UNIVERSITY | ||||||||
| 1400 JOHN R LYNCH ST | JACKSON | MS | 39217 | 646000507 | 501C(3) | $92,500 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| SAVANNAH STATE UNIVERSITY | ||||||||
| 3219 COLLEGE STREET | SAVANNAH | GA | 31404 | 586002069 | 501C(3) | $274,750 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| SOUTH CAROLINA STATE UNIVERSITY | ||||||||
| 300 COLLEGE STREET NE | ORANGEBURG | SC | 29117 | 576000950 | 501C(3) | $50,000 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| TEXAS SOUTHERN UNIVERSITY | ||||||||
| 3100 CLEBURNE STREET | HOUSTON | TX | 77004 | 746001391 | 501C(3) | $70,000 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| VIRGINIA STATE UNIVERSITY | ||||||||
| 1 HAYDEN DRIVE | PETERSBURG | VA | 23806 | 546001811 | 501C(3) | $308,500 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| WINSTON-SALEM STATE -WSSU | ||||||||
| 601 S MARTIN LUTHER KING JR | WINSTON SALEM | NC | 27110 | 566001466 | 501C(3) | $45,000 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| PRAIRIE VIEW A&M UNIVERSITY | ||||||||
| PO BOX 519 MS 1329 | PRAIRIE VIEW | TX | 77446 | 746001078 | 501C(3) | $150,000 | $0 | CAPACITY BUILDING TO IMPROVE STUDENT OUTCOMES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | COLLEGE AND UNIVERSITY PARTNERS ARE INVITED TO SUBMIT AN ELECTRONIC APPLICATION FOR GRANT FUNDS TO SUPPORT A NEW PROJECT, PROGRAM, OR POSITION THAT IS A PART OF ED ADVANCEMENT'S INSTITUTIONAL CAPACITY BUILDING PLAN. INVITATIONS ARE BASED ON ED ADVANCEMENT'S ONGOING NEEDS ASSESSMENT OF PARTNER INSTITUTIONS. THE INVITATIONS ARE EXTENDED BY THE SVP OF ENROLLMENT MANAGEMENT OR SVP OF INSTITUTIONAL PARTNERSHIPS. THE GRANT APPLICATION IS A COMPONENT OF OUR CRM SYSTEM WHICH ENABLES US TO RECORD DETAILS OF THE REQUEST, APPROVAL, AND DISBURSEMENT PROCESSES OF EACH GRANT. PRIOR TO APPLICATION SUBMISSION OR AS FOLLOW-ON DUE DILIGENCE, ED ADVANCEMENT ASSESSES AND CONFIRMS THE INSTITUTION'S NEED. GRANT FUNDING PERIODS VARY IN DURATION BUT MAY BE SUBJECT TO MILESTONE OR PERFORMANCE REQUIREMENTS. ALL GRANT REQUESTS ARE REVIEWED AND APPROVED BY THE EXECUTIVE LEADER TEAM (ELT). UPON APPROVAL, A GRANT LETTER INCLUDING DURATION, SCHEDULE OF RELEASE OF FUNDS, AND EXPECTATIONS FOR REPORTING ON USE OF FUNDS, IS SUBMITTED TO THE UNIVERSITY PRESIDENT OR CHANCELLOR FOR SIGNATORY ACCEPTANCE OF THE AWARD. FUNDS ARE DISBURSED FOLLOWING THE SCHEDULE PROVIDED IN THE GRANT LETTER. IN ACCORDANCE WITH THE GRANT LETTER, ED ADVANCEMENT PROVIDES A STREAMLINED PROCESS FOR REPORTING CONTINUED PROGRESS TO ENSURE TIMELY DISBURSEMENT OF FUNDS. THE ED ADVANCEMENT TEAM WORKS CLOSELY WITH THE INSTITUTIONAL RECIPIENT TO ENSURE A SUCCESSFUL OUTCOME FOR THE CONCLUSION OF THE GRANT PERIOD. UPON COMPLETION OF THE GRANT PERIOD, THE INSTITUTION (WITH GUIDANCE FROM THE ED ADVANCEMENT TEAM) WILL PROVIDE A FINAL SUMMARY OF THE VALUE OF THE FUNDING AND THE ALIGNMENT OF THIS RESOURCE WITH QUALITATIVE AND QUANTITATIVE OUTCOMES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES RUNCIE | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $321,046 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,779 | $0 | $342,825 | $0 | $0 | $0 |
| MATTHEW SESSA | ||||||||||||||
| CHIEF OPERATING OFFICER | $315,835 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33,969 | $0 | $349,804 | $0 | $0 | $0 |
| NARA LEE | ||||||||||||||
| SENIOR FINANCE OFFICER | $234,134 | $0 | $0 | $0 | $5,000 | $0 | $0 | $0 | $0 | $0 | $239,134 | $0 | $0 | $0 |
| ROBIN MINOR | ||||||||||||||
| SVP INSTITUTIONAL PARTNERS | $325,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $325,000 | $0 | $0 | $0 |
| ANNE ELIZABETH REZNIK | ||||||||||||||
| CHIEF OF STAFF | $306,700 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $306,700 | $0 | $0 | $0 |
| ANNE MARIE MONROE | ||||||||||||||
| VP, PARTNER DEVELOPMENT | $221,991 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,958 | $0 | $232,949 | $0 | $0 | $0 |
| KA'RIN THORNBURG | ||||||||||||||
| VP, SERVICES AND SOLUTIONS | $223,458 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,371 | $0 | $233,829 | $0 | $0 | $0 |
| CHARRITA QUIMBY | ||||||||||||||
| VP, PARTNERSHIPS AND ENGAGEMENT | $224,801 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $224,801 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | NO SUCH COMMITTEE EXISTS |
| FORM 990, PART VI, SECTION B, LINE 11B | A BOARD MEETING WILL BE HELD TO REVIEW AND APPROVE THE FORM 990, SUBJECT TO COMMENTS AND REQUIRED CHANGES. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL FORM DECLARING NO CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | OFFICER/KEY EMPLOYEE POSITIONS ARE BENCHMARKED BY HUMAN RESOURCES FIRM AT THE TIME OF HIRE FOR EACH OFFICER/KEY EMPLOYEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER CONTRACTORS: PROGRAM SERVICE EXPENSES 282,933. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 282,933. EDUCATIONAL CONTRACTORS: PROGRAM SERVICE EXPENSES 9,860,591. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,860,591. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 58,032. MANAGEMENT AND GENERAL EXPENSES 32,540. FUNDRAISING EXPENSES 24,695. TOTAL EXPENSES 115,267. HONORARIUM: PROGRAM SERVICE EXPENSES 20,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. INDEPENDENT CONTRACTOR: PROGRAM SERVICE EXPENSES 310,738. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,738. |
| FORM 990, PART XI, LINE 9: | RETURN OF RESTRICTED GRANT FUNDING 68,750. |
Comments