EIN 13-1623965

College Board

IRS 501(c) type
501(c)(3)
Num. employees
1,946
Year formed
1900
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The College Board is a non-profit organization that clears a path for all students to own their future through the Advanced Placement Program, the SAT, Official SAT Practice on Khan Academy, BigFuture, and more.
Also known as...
College Entrance Examination Board
Total revenues
$1,019,073,270
2023
Total expenses
$973,652,927
2023
Total assets
$2,184,378,917
2023
Num. employees
1,946
2023

Program areas at College Board

Advanced Placement Program Founded in 1955, the Advanced Placement Program gives students the opportunity to take college-level coursework and exams in high school. Students who succeed on AP Exams are more likely to succeed in college and can potentially earn valuable college credit. Even AP students who earn a lower score have better college outcomes than academically similar college students who did not take an AP course and AP Exam. College Board is committed to expanding access and opportunities for students to challenge themselves with college-level coursework. Nearly 1.2 million students in the class of 2023 took more than 4.1 million AP Exams in U.S. public high schools nationwide, as educators across the country encourage a wider and more diverse population of students to experience the benefits of AP. Among 2023 U.S. public high school graduates, 34.7% took at least one AP Exam during high school, and 21.7% of the graduating class scored a 3 or higher on at least one AP Exam. Over the past 10 years, the percentage of all U.S. public high school graduates earning a score of 3 or higher (out of 5) on at least one AP Exam has grown by 2.6 percentage points. During that same period more than 1 in 5 U.S. public school graduates scored 3 or higher on at least one AP Exam. Among 2023 high school graduates, 423,262 traditionally underrepresented students-including Black/African American, Hispanic/Latino, and American Indian/Alaska Native students-took at least one AP Exam, up 139,856 students from 2013. The growth in both participation and performance for students from all backgrounds reflects the hard work of students and teachers toward, and the commitment of states and districts to, providing students with greater access to academic opportunities. The AP Program provides students, teachers, and administrators with free resources, support, and feedback throughout the year. All students have access to free AP Daily videos and AP Daily: Live Review sessions. AP Daily videos are short on-demand segments led by expert AP teachers that cover all course content and skills. Teachers can assign them for out-of-class work and use valuable class time for more focused engagement with students. These resources help schools target instruction and provide practice opportunities. AP Computer Science Principles: In fall 2016, College Board launched AP Computer Science Principles (AP CSP) with the goal of giving all students-especially those who are traditionally underrepresented in the computer science field-tools and opportunities to be successful in today's workforce. AP CSP was the biggest course launch in the history of the AP Program. In the six years since the launch of AP CSP, participation among young women, African American, and Hispanic students has more than tripled. New research finds that students who take AP CSP in high school are more than 3 times as likely to major in computer science in college, compared to similar students who did not take CSP. Differences are similarly large for female, Black, Hispanic, and first-generation college students. Pre-AP: First piloted in fall 2018, Pre-AP courses are designed to support all students across varying levels of ability, challenging them to build relevant, interdisciplinary critical thinking skills. The program empowers all students to learn, grow, and build confidence through focused course frameworks, engaging instructional resources, learning checkpoints, and collaborative educator workshops. Pre-AP courses help get students ready for the PSAT-related assessments, SAT, and AP. There are currently 12 courses available in 5 subject areas. AP Potential: AP Potential is a free, web-based tool that helps educators increase access to AP by using SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9 score data to identify students with the potential to succeed in AP. CLEP: The College-Level Examination Program (CLEP), the most widely trusted college-based credit-by-examination program for more than 50 years, is accepted by 2,900 colleges and universities and administered in over 2,000 test centers. CLEP increases opportunities for students by enabling them to earn college credit by demonstrating knowledge they have gained in other settings, such as independent study, workforce training, or other experiences. CLEP exams can save money and time for students of all ages and backgrounds, including students in dual enrollment or continuing education programs, homeschooled, international, and/or transfer students. Members of the military can also take advantage of the financial savings CLEP offers; through a College Board partnership with the Defense Activity for Non-Traditional Education Support (DANTES), military personnel can take CLEP exams for free. Students may take any of 34 examinations in 5 subject areas, covering material usually taught in a 2-year degree program or the first 2 years of a 4-year program. Research shows students who earn course credit for achieving a required minimum CLEP exam score perform as well as or better than their classmates without CLEP exam credit in sequent or subsequent courses.
College and Career Opportunities and Enrollment By connecting students to colleges and scholarships, and providing access to credit programs, planning tools, and fee waivers for all who need them, College Board is increasing opportunities and breaking down barriers to college and helping students identify career opportunities. BigFuture: BigFuture is a free, online resource that helps students take the right first step after high school. It helps students explore careers, plan for college, and pay for college. Whether a student is interested in a four-year university, community college, or career training, BigFuture simplifies the steps students can take to start planning their future. Driven by insights from real students, educators, and industry leaders, and backed by over 100 years of College Board research, BigFuture provides personalized information that meets students' needs. And when students take important actions toward their future, they're rewarded with the chance to win scholarships. BigFuture Scholarships launched in December 2018 and are open to all students starting in 10th grade. Students who complete steps on BigFuture can win scholarship drawings-two $40,000 scholarships or multiple $500 scholarships per month. More than $18 million in scholarships has been awarded to more than 21,000 students since the program started. Student Search Service: College Board's Student Search Service, or Search, is a free, optional program that connects students with information about educational and financial aid opportunities from nearly 1,400 eligible colleges and universities, and scholarships and other educational programs. Students can opt in to participate in Search at any time when they visit the BigFuture website or when they take the SAT Weekend assessment. By choosing to participate, students give College Board permission to share their names and limited information with colleges and scholarship programs looking for students like them. Research shows that students contacted by colleges in Search are more likely to enroll in and finish college. The College Board National Recognition Programs: The program awards thousands of students nationwide every year with academic honors that help underrepresented students who excel academically to be seen during college recruitment. Starting in 10th grade, qualifying students can verify their eligibility on BigFuture to confirm they meet the academic criteria for the PSAT/NMSQT, PSAT 10, or AP Exams and belong to one or more communities that the programs recognize: African American or Black, Hispanic American or Latino, Native American or Indigenous, first generation, or attend school in a rural area or small town. The College Board National Recognition Program is an opportunity for students to celebrate their hard work in high school, often garnering media coverage and recognition. As importantly, colleges and universities use these awards to reach out to high-achieving students who have opted in and are participating in Student Search Service. Expanded Scholarship Opportunities: Participating in Student Search Service helps students get found by scholarship providers. In addition to its partnership with the National Merit Scholarship Corporation, College Board connects students to 22 scholarship partners that offer almost $300 million in annual rewards to qualified students based on merit and financial need. College Board works with many organizations on this effort, such as the APIA Scholarship Program, the Cobell Scholarship (awarded by Indigenous Education, Inc.), the Hispanic Scholarship Fund (HSF), the Jack Kent Cooke Foundation (JKCF), and the United Negro College Fund (UNCF). By using information from the PSAT/NMSQT and PSAT 10, our scholarship partners are able to access a wider group of eligible students from high schools across the country and make sure they're aware of the opportunities they've earned. Fee Waivers: In 2023, College Board provided over $93 million in fee waivers and fee reductions. CSS Profile: CSS Profile is a common application that helps colleges deliver nonfederal institutional aid dollars to students who need it most. CSS Profile provides additional information beyond the Free Application for Federal Student Aid (FAFSA) so families can provide a more complete picture of their financial circumstances. This additional data also allows institutions to distribute aid more equitably and strategically. Hundreds of colleges, universities, graduate and professional schools, and scholarship organizations rely on CSS Profile to help make college a reality for students. Collectively, institutions and organizations that use CSS Profile award more than $10 billion annually in institutional grants and scholarships to students based on financial need. Landscape: In fall 2019, College Board launched Landscape, a comprehensive and free resource that provides consistent high school and neighborhood information so admissions officers can better understand applicants' high school and neighborhood environments.
SAT Suite of Assessments College Board's SAT Suite, which includes the SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9, measures what research shows students need to succeed after high school. It also connects students with fee waivers, scholarship opportunities, free, personalized practice, and college and career planning tools. The 2023 SAT Suite of Assessments Annual Report shows that 1.9 million students in the high school class of 2023 took the SAT at least once, up from 1.7 million in the class of 2022. The SAT can connect students with colleges and scholarship opportunities to help pay for college. College Board survey results continue to show more than 80% of students want the chance to send their scores to colleges. Most of these students took the assessment through SAT School Day, the in-school program that dramatically expands access and equity. In the class of 2023, 1.2 million students took the SAT through SAT School Day, which provides schools, districts, and states a way to offer the SAT to juniors and seniors in school, on a weekday, at no cost to students. Overall, more than 67% of SAT takers in the class of 2022 took the SAT on a school day, the highest percentage to date, compared to 63% of the class of 2022, 62% of the class of 2021, and 49% of the class of 2020. As of March 2024, we have completed the transition to delivering the SAT Suite of Assessments digitally.
Other Services Research and Advocacy - College Board's Research and Advocacy efforts are related primarily to the areas of college preparation and access, college affordability and financial aid, college admissions and completion, and the importance of teachers and school counselors. Membership - College Board works to strengthen relationships among members to achieve our shared goals through programs, services, and large-scale conferences, and seeks to foster community, expand knowledge, and enhance the education profession. Puerto Rico and Latin America - College Board Puerto Rico and Latin America develops programs and services specially designed for populations whose vernacular is Spanish and appropriate to the educational conditions of Latin America. These programs are aimed at systematizing the university evaluation and admissions processes, strengthening academic and personal orientation, and promoting educational excellence.

Grants made by College Board

GranteeGrant descriptionAmount
Jobs for the Future (JFF)Sponsorship$65,000
National Association for College Admission CounselingSponsorship$58,800
California County SuperintendentsMembership$56,500
...and 48 more grants made totalling $891,303

Who funds College Board

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,250,000
Melmac Education FoundationPsat Grant$125,606

Personnel at College Board

NameTitleCompensation
David ColemanChief Executive Officer$1,826,946
Daniela Berger PollackChief Financial Officer$469,916
John McGrathChief Engagement and Reach Officer$522,519
Stefanie SanfordChief of Global Policy , Advocacy and Communications / Chief of Global Policy and External Relations$572,684
Jeff OlsonChief Information Officer$593,056
...and 12 more key personnel

Financials for College Board

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,578,594
Program services$955,886,984
Investment income and dividends$31,283,958
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-4,528,659
Net gain from sale of non-inventory assets$31,852,393
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,019,073,270

Form 990s for College Board

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-13990View PDF
2021-122022-11-03990View PDF
2020-122021-10-29990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s

Organizations like College Board

OrganizationLocationRevenue
United Negro College FundWashington, DC$361,352,697
Association of American Medical CollegesWashington, DC$281,470,206
Woods Hole Oceanographic InstitutionWoods Hole, MA$345,864,759
Educational Testing Service (ETS)Princeton, NJ$1,058,224,336
Emerson CollegeBoston, MA$331,849,178
Institute of International EducationNew York, NY$347,041,918
Georgetown UniversityWashington, DC$1,922,844,840
Drexel UniversityPhiladelphia, PA$1,412,910,056
Brandeis UniversityWaltham, MA$478,693,199
Colgate UniversityHamilton, NY$350,003,915
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $125,606 from Melmac Education Foundation
November 23, 2024
Updated personnel
Identified 2 new personnel
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 7 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsSchoolsEducational service providersCharities
Issues
EducationBusiness and industry
Characteristics
Political advocacyLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
250 Vesey St
New York, NY 10281
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
collegeboard.org/ 
Phone
(212) 713-8000
Facebook page
thecollegeboard 
Twitter profile
@collegeboard 
IRS details
EIN
13-1623965
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1900
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
034652
FTB Entity ID
0449112
AB 488 data last updated ("as-of") date
2025-02-19
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