Form 990 for tax year 2022
Filed by POSTSECONDARY ELECTRONIC STANDARDS COUNCIL.
Totals
- Total revenue
- $313,346
- Total expenses
- $368,708
- Contributions and grants received
- $70,773
- Grants paid
- $0
- Program service revenue
- $242,573
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $39,724
- Total liabilities, end of year
- $222,387
- Net assets or fund balances, end of year
- -$182,663
- Program services expenses (Part IX)
- $212,508
- Management and general expenses
- $153,258
- Fundraising expenses
- $2,942
- Program service expenses (Part III)
- $212,508
Program services were 57.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$70,773
-
2a · Program service revenue: Membership Dues
total $182,563 · related or exempt $182,563
-
2b · Program service revenue: Conferences
total $60,010 · related or exempt $60,010
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $158,067 · program services $98,002 · management and general $58,485 · fundraising $1,580
-
7 · Other salaries and wages
total $81,077 · program services $26,755 · management and general $53,511 · fundraising $811
-
9 · Other employee benefits
total $32,461 · program services $16,880 · management and general $15,257 · fundraising $324
-
10 · Payroll taxes
total $18,464 · program services $9,601 · management and general $8,678 · fundraising $185
-
11g · Fees: other
total $3,204 · management and general $3,204
-
12 · Advertising and promotion
total -$10 · management and general -$10
-
13 · Office expenses
total $4,304 · program services $4,304
-
16 · Occupancy
total $2,114 · management and general $2,114
-
17 · Travel
total $886 · program services $886
-
20 · Interest
total $39,109 · program services $39,109
-
22 · Depreciation, depletion and amortization
total $403 · program services $210 · management and general $189 · fundraising $4
-
23 · Insurance
total $2,363 · management and general $2,363
-
24a · Other expenses: Outside computer servic
total $14,427 · program services $14,427
-
24b · Other expenses: Bank Fees
total $7,711 · management and general $7,711
-
24c · Other expenses: Telephone
total $3,737 · program services $1,943 · management and general $1,756 · fundraising $38
-
24d · Other expenses: Printing & copying
total $391 · program services $391
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,526 · end of year $4,618
-
4 · Accounts receivable
beginning of year $31,750 · end of year $34,500
-
10a · Land, buildings and equipment: cost or other basis
$5,518
-
10b · Land, buildings and equipment: accumulated depreciation
$4,912
-
10c · Land, buildings and equipment, net
beginning of year $1,009 · end of year $606
-
17 · Accounts payable and accrued expenses
beginning of year $35,669 · end of year $39,041
-
19 · Deferred revenue
beginning of year $139,917 · end of year $150,573
-
25 · Other liabilities
beginning of year $0 · end of year $32,773
-
27 · Net assets without donor restrictions
beginning of year -$127,301 · end of year -$182,663
Mission and programs · 2022
Mission
Through open and transparent community participation, PESC enables cost-effective connectivity between data systems to accelerate performance and service, to simplify data access and research, and to improve data quality along the higher education lifecycle.
Activities or mission (Part I)
Established in 1997 at the National Center for Higher Education and located in Washington, D.C., The Postsecondary Electrionic Standards Council (PESC) is a 501(c)(3) non-profit,community-based, umbrella association of colleges and universities; colleges and university systems, professional and commercial organizations; data, software and service providers; non-profit organizations and higher education lifecycle.
-
Conference & Meetings - Meetings to disseeminate information and share ideas and development resources while hearing from industry experts on emerging techonologies and user-friendly processes that impact students and technology expectations. These meeting include the annual spring summit and annual fall summit.
Expenses $75,545 · Revenue $60,010
-
Education & Outreach - Newsletter, website, article for publication, and presentations - all to further PESC's exempt purpose. See www.PESC.com
Expenses $53,595 · Revenue $182,563
-
Standards Committee/Fourm - Group formed to study standard-related issues, develop data standards and supporting tools, including a data dictionary for education, as well as work on the U.S. Deparment of Education's national student loan data system (NSLDS) and NCES' common education data standards (CEDS).Task forces - Open, collaborative committees that study processes and how the use of standards increases efficiencies and data quality while reducing cost and redundancy.User Groups - Open collaborative committees that maintain existing standards and initiate and track new development efforts on maintained standards.
-
Expenses $83,368
As filed on the 2022 return.
Listed in Part VII
-
William Bryant Faust
Director
- Total calculated
- $0
- Hours/week
- 4
-
Doug Falk
Director
- Total calculated
- $0
- Hours/week
- 4
-
Alex Jackl
Director
- Total calculated
- $0
- Hours/week
- 4
-
David Moldoff
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Kristi Blabaum
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Rob Layton
Director
- Total calculated
- $0
- Hours/week
- 4
-
Karen McCredie
Director
- Total calculated
- $0
- Hours/week
- 4
-
Francisco Valines
Director
- Total calculated
- $0
- Hours/week
- 4
-
Jason Weaver
Director
- Total calculated
- $0
- Hours/week
- 4
-
Monterey Sims
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Ruth Blades
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Vivian Wong
Director
- Total calculated
- $0
- Hours/week
- 4
-
Michael Sessa
President and CEO
- Total calculated
- $158,067
- From this org
- $0
- From related orgs
- $158,067
- Other
- $0
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $158,067 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $158,067 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333079349302108
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