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← INTERNATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING INC

Form 990 for tax year 2022

Filed by INTERNATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING INC.

Totals

Total revenue
$997,370
Total expenses
$1,062,561
Contributions and grants received
$279,069
Grants paid
$0
Program service revenue
$879,650
Investment income
-$161,349
Other revenue
$0
Total assets, end of year
$1,783,074
Total liabilities, end of year
$6,564
Net assets or fund balances, end of year
$1,776,510
Program services expenses (Part IX)
$870,189
Management and general expenses
$192,372
Fundraising expenses
$0
Program service expenses (Part III)
$870,189

Program services were 81.9% 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.

  • 1b · Membership dues

    $275,279

  • 1f · All other contributions, gifts and grants

    $3,790

  • 2a · Program service revenue: ANNUAL CONFERENCE INCOME

    total $868,544 · related or exempt $868,544

  • 2b · Program service revenue: GLOBAL FUND EVENT INCOME

    total $11,106 · related or exempt $11,106

  • 3 · Investment income

    total -$161,349 · related or exempt -$161,349

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $68,970 · management and general $68,970

  • 7 · Other salaries and wages

    total $99,904 · program services $99,904

  • 8 · Pension plan contributions

    total $1,786 · program services $1,786

  • 10 · Payroll taxes

    total $13,399 · program services $13,399

  • 11c · Fees: accounting

    total $39,457 · management and general $39,457

  • 13 · Office expenses

    total $75,386 · program services $3,741 · management and general $71,645

  • 16 · Occupancy

    total $2,439 · program services $2,439

  • 17 · Travel

    total $64,633 · program services $64,633

  • 19 · Conferences, conventions and meetings

    total $678,679 · program services $678,679

  • 23 · Insurance

    total $12,300 · management and general $12,300

  • 24a · Other expenses: MEALS

    total $4,424 · program services $4,424

  • 24b · Other expenses: CONTINGENCY FUND

    total $1,184 · program services $1,184

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $317,921 · end of year $317,106

  • 2 · Savings and temporary cash investments

    beginning of year $1,523,511 · end of year $1,465,630

  • 10a · Land, buildings and equipment: cost or other basis

    $6,705

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,367

  • 10c · Land, buildings and equipment, net

    beginning of year $1,388 · end of year $338

  • 17 · Accounts payable and accrued expenses

    beginning of year $69 · end of year $6,564

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,842,751 · end of year $1,776,510

Mission and programs · 2022

Mission

THE MISSION OF THE INTERNATIONAL ASSOC FOR COLLEGE ADMISSION COUNSELING IS TO FACILITATE GLOBAL INTERACTION AMONG COUNSELORS AND INSTITUTIONS IN SUPPORT OF STUDENTS IN THEIR TRANSITION FROM SECONDARY TO HIGHER EDUCATION.

Activities or mission (Part I)

THE MISSION OF THE INTERNATIONAL ASSOC. FOR COLLEGE ADMISSION COUNSELING IS TO FACILITATE GLOBAL INTERACTION AMONG COUNSELORS AND INSTITUTIONS IN SUPPORTOF STUDENTS IN THEIR TRANSITION FROM SECONDARY TO HIGHER EDUCATION.

  • SUMMER ANNUAL EDUCATION CONFERENCE IS TYPICALLY ATTENDED BY OVER 1,200 MEMBERS.

    Expenses $608,405 · Revenue $868,544

  • THE SCHOLAR FUND PROVIDED SCHOLARSHIPS FOR TRAINING AND ANNUAL CONFERENCE ATTENDANCE TO COUNSELORS WORKING TO PROVIDE OPPORTUNITIES TO THE NEEDIEST STUDENTS AROUND THE WORLD. THE GLOBAL FUND REPRESENTS THE ASSOCIATION'S COMMITMENT TO PROVIDING RESOURCES AND SUPPORTING OPPORTUNITIES FOR ITS MEMBERS. FUNDING IS PROVIDED FOR OPPORTUNITY GRANTS, CONFERENCE BURSARIES, AND THE SCHOLAR PROGRAM. IACAC REGIONAL INSTITUTES OPERATE ON A TWICE-YEARLY, ROTATING THREE-YEAR SCHEDULE. EACH INSTITUTE IS HELD AT A MEMBER HIGH SCHOOL OR UNIVERSITY IN A SPECIFIC REGION. IN 2021, NO EVENTS WERE HELD DUE TO COVID-19.

    Expenses $51,000 · Revenue $11,106

  • THE MISSION OF THE INTERNATIONAL ASSOC FOR COLLEGE ADMISSION COUNSELING IS TO FACILITATE GLOBAL INTERACTION AMONG COUNSELORS AND INSTITUTIONS IN SUPPORT OF STUDENTS IN THEIR TRANSITION FROM SECONDARY TO HIGHER EDUCATION.

    Expenses $210,784

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brandon Mack

    INTERIM EXEC

    Total calculated
    $60,125
    From this org
    $60,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ruby Bhattacharya

    VP FOR ADMIS

    Total calculated
    $0

  • Natalie Bitton

    PAST-PRESIDE

    Total calculated
    $0

  • Michelle Chow-Liu

    PRESIDENT-EL

    Total calculated
    $0

  • Erin Garcia

    EXEC DIRECTO

    Total calculated
    $0

  • Shilpa Gupta

    VP FOR FINAN

    Total calculated
    $0

  • Daniel Marschner

    VP ADVOCACY

    Total calculated
    $0

  • Kate McKeen

    VP FOR MEMBE

    Total calculated
    $0

  • Kristoffer Toribo

    PRESIDENT

    Total calculated
    $0

  • Michelle Trimpe

    VP FOR INCLU

    Total calculated
    $0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
2 August 2023
IRS schema version
2022v5.0
Source object
202332359349300118

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