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Nonprofiteer
← EDUCATIONAL TESTING SERVICE

Form 990 for tax year 2024

Filed by EDUCATIONAL TESTING SERVICE.

Totals

Total revenue
$792,021,950
Total expenses
$756,388,237
Contributions and grants received
$6,155,518
Grants paid
$464,444
Program service revenue
$660,087,144
Investment income
$43,478,284
Other revenue
$82,301,004
Total assets, end of year
$1,558,468,865
Total liabilities, end of year
$223,669,009
Net assets or fund balances, end of year
$1,334,799,856
Program services expenses (Part IX)
$636,061,860
Management and general expenses
$120,326,377
Fundraising expenses
$0
Program service expenses (Part III)
$636,061,860

Program services were 84.1% 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.

  • 1e · Government grants (contributions)

    $4,919,802

  • 1f · All other contributions, gifts and grants

    $1,235,716

  • 2a · Program service revenue: TEST DEVELOPMENT & SCO

    total $571,778,646 · related or exempt $571,778,646

  • 2b · Program service revenue: TEST ADMIN & DELIVERY

    total $88,308,498 · related or exempt $88,308,498

  • 3 · Investment income

    total $23,129,559 · related or exempt $14,267,892 · unrelated business $311,681 · excluded $8,549,986

  • 5 · Royalties

    total $67,059,953 · excluded $67,059,953

  • 6a · Gross rents

    real property $210,704

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $210,704

  • 6d · Net rental income or loss

    total $210,704 · excluded $210,704

  • 7a · Gross sales of assets other than inventory

    securities $242,328,381

  • 7b · Less cost or other basis and sales expenses

    securities $221,979,656

  • 7c · Gain or loss

    securities $20,348,725

  • 7d · Net gain or loss

    total $20,348,725 · excluded $20,348,725

  • 11a · Other revenue: OCCUPATIONAL & PROFESS

    total $11,363,715 · unrelated business $11,363,715

  • 11b · Other revenue: CHAUNCEY CONFERENCE CE

    total $3,666,632 · unrelated business $3,666,632

  • 11e · Other revenue, total

    $15,030,347

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $101,725 · program services $101,725

  • 2 · Grants to domestic individuals

    total $362,719 · program services $362,719

  • 5 · Compensation of officers, directors and key employees

    total $18,699,188 · program services $4,020,198 · management and general $14,678,990

  • 6 · Compensation of disqualified persons

    total $1,672,849 · program services $1,672,849

  • 7 · Other salaries and wages

    total $237,661,973 · program services $188,286,802 · management and general $49,375,171

  • 8 · Pension plan contributions

    total $18,379,811 · program services $14,561,336 · management and general $3,818,475

  • 9 · Other employee benefits

    total $4,894,571 · program services $3,877,705 · management and general $1,016,866

  • 10 · Payroll taxes

    total $15,237,426 · program services $12,071,793 · management and general $3,165,633

  • 11b · Fees: legal

    total $3,861,268 · program services $625,917 · management and general $3,235,351

  • 11c · Fees: accounting

    total $2,814,004 · program services $92,585 · management and general $2,721,419

  • 11d · Fees: lobbying

    total $105,000 · program services $105,000

  • 11g · Fees: other

    total $318,966,119 · program services $297,431,116 · management and general $21,535,003

  • 12 · Advertising and promotion

    total $496,997 · program services $480,494 · management and general $16,503

  • 13 · Office expenses

    total $56,401,855 · program services $47,744,417 · management and general $8,657,438

  • 15 · Royalties

    total $972,174 · program services $972,174

  • 16 · Occupancy

    total $11,041,565 · program services $10,949,356 · management and general $92,209

  • 17 · Travel

    total $4,190,904 · program services $2,795,750 · management and general $1,395,154

  • 19 · Conferences, conventions and meetings

    total $1,444,078 · program services $804,506 · management and general $639,572

  • 20 · Interest

    total $177,431 · program services $177,431

  • 22 · Depreciation, depletion and amortization

    total $41,835,109 · program services $38,764,243 · management and general $3,070,866

  • 23 · Insurance

    total $3,211,882 · management and general $3,211,882

  • 24a · Other expenses: MISCELLANEOUS

    total $7,733,333 · program services $4,401,996 · management and general $3,331,337

  • 24b · Other expenses: CHAUNCEY CONFERENCE CEN

    total $5,476,838 · program services $5,476,838

  • 24c · Other expenses: MEMBERSHIPS AND DUES

    total $549,827 · program services $185,319 · management and general $364,508

  • 24d · Other expenses: INCOME TAXES

    total $99,591 · program services $99,591

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,568,672 · end of year $91,243

  • 2 · Savings and temporary cash investments

    beginning of year $36,126,000 · end of year $73,151,039

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $94,617,879 · end of year $92,227,475

  • 7 · Other notes and loans receivable

    beginning of year $247,873,731 · end of year $237,280,785

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,754,941 · end of year $15,277,811

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

    $237,937,537

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

    $179,855,912

  • 10c · Land, buildings and equipment, net

    beginning of year $65,914,980 · end of year $58,081,625

  • 11 · Investments: publicly traded securities

    end of year $74,681,448

  • 12 · Investments: other securities

    beginning of year $1,080,552,647 · end of year $906,225,661

  • 14 · Intangible assets

    beginning of year $82,777,986 · end of year $70,210,182

  • 15 · Other assets

    beginning of year $70,476,490 · end of year $31,241,596

  • 17 · Accounts payable and accrued expenses

    beginning of year $191,957,973 · end of year $136,838,123

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $44,236,109 · end of year $39,360,569

  • 25 · Other liabilities

    beginning of year $60,502,244 · end of year $47,470,317

  • 27 · Net assets without donor restrictions

    beginning of year $1,410,967,000 · end of year $1,334,799,856

Mission and programs · 2024

Mission

EDUCATIONAL TESTING SERVICE (ETS) WAS INCORPORATED IN 1947 BY THE BOARD OF REGENTS FOR THE EDUCATION DEPARTMENT OF THE STATE OF NEW YORK AS AN EDUCATIONAL ORGANIZATION TO ENGAGE IN RESEARCH, SERVICES AND OTHER ACTIVITIES IN THE FIELD OF EDUCATIONAL TESTING. MISSION OUR MISSION IS TO HELP ADVANCE QUALITY AND EQUITY IN EDUCATION BY PROVIDING FAIR AND VALID ASSESSMENTS, RESEARCH AND RELATED SERVICES. OUR PRODUCTS AND SERVICES MEASURE KNOWLEDGE AND SKILLS, PROMOTE LEARNING AND PERFORMANCE, AND SUPPORT EDUCATION AND PROFESSIONAL DEVELOPMENT FOR ALL PEOPLE WORLDWIDE. VISION TO BE THE LEADING ORGANIZATION IN THE WORLD AT PROVIDING THE BEST POSSIBLE ASSESSMENT AND LEARNING PRODUCTS AND SERVICES THAT HELP IMPROVE LIVES AT EVERY STAGE OF THE JOURNEY TO WHAT IS POSSIBLE.

Activities or mission (Part I)

SEE PAGE 2, PART III, QUESTION 1

  • ASSESSMENT RESEARCH, DEVELOPMENT, AND SCORING EDUCATIONAL TESTING SERVICE ("ETS") CONDUCTS RESEARCH ON STATISTICAL AND PSYCHOMETRIC METHODOLOGY TO ADVANCE THE SCIENCE OF EDUCATIONAL MEASUREMENT AND ENSURE THE TECHNICAL QUALITY AND FAIRNESS OF ETS'S ASSESSMENTS AND ASSESSMENT RELATED SERVICES. THROUGH ITS POLICY EVALUATION AND RESEARCH CENTER, ETS ALSO CONDUCTS RESEARCH AND ANALYSES THAT ADDRESS CHALLENGING EDUCATIONAL POLICY ISSUES. IN CONJUNCTION WITH ITS RESEARCH, ETS DEVELOPS EDUCATIONAL ASSESSMENTS FOR USE BY STATES IN K-12 ASSESSMENT, FOR COLLEGE ADMISSIONS AND THE TRANSITION FROM HIGH SCHOOL TO COLLEGE, FOR GRADUATE AND BUSINESS SCHOOL ADMISSIONS, AND FOR USE IN MEASURING KNOWLEDGE AND SKILLS, PROMOTING LEARNING AND PERFORMANCE, AND SUPPORTING EDUCATION AND PROFESSIONAL DEVELOPMENT. ETS HAS DEVELOPED MORE THAN 200 ASSESSMENT PROGRAMS INCLUDING BUT NOT LIMITED TO THE PRAXIS SERIES, TEST OF ENGLISH AS A FOREIGN LANGUAGE (TOEFL), GRADUATE RECORD EXAMINATION (GRE), TEST OF ENGLISH FOR INTERNATIONAL COMMUNICATION (TOEIC), AND STATE SPECIFIC AND PRE-COLLEGE ASSESSMENTS.IN CONJUNCTION WITH ITS RESEARCH, ETS CONTINUES WORKING COLLABORATIVELY WITH THE NATIONAL CENTER FOR EDUCATION STATISTICS (NCES) ON THE NATIONAL ASSESSMENT OF EDUCATIONAL PROGRESS (NAEP). ADDITIONALLY, ETS'S INSTITUTE FOR STUDENT ACHIEVEMENT (ISA) CONTINUES WORKING IN PARTNERSHIP WITH DISTRICTS AND SCHOOLS TO TRANSFORM UNDERPERFORMING HIGH SCHOOLS INTO RIGOROUS AND SUPPORTIVE LEARNING ENVIRONMENTS THAT PREPARE STUDENTS TO BE COLLEGE READY.EACH YEAR, ETS SCORES AND DELIVERS MILLIONS OF ASSESSMENTS AND SCORE REPORTS TO EXAMINEES AND INSTITUTIONS, IN NUMEROUS FORMATS AND USING A VARIETY OF MEANS.PROGRAM SERVICE REVENUE DECREASED DURING FY2025 PRIMARILY DUE TO REDUCTIONS IN ASSESSMENT ACTIVITY AND PROGRAM DEMAND COMPARED TO THE PRIOR YEAR, CONSISTENT WITH BROADER TRENDS IN THE EDUCATIONAL ASSESSMENT INDUSTRY.

    Expenses $570,045,082 · Grants $464,444 · Revenue $571,218,455

  • ASSESSMENT ADMINISTRATION & DELIVERY THE GROUP ADMINISTERS TENS OF MILLIONS OF ASSESSMENTS ANNUALLY IN THOUSANDS OF LOCATIONS WORLDWIDE. ETS DOES NOT OWN OR OPERATE ANY TEST CENTERS; INSTEAD ETS ENGAGES INDEPENDENT 3RD PARTY SERVICE PROVIDERS TO ADMINISTER AND DELIVER ASSESSMENTS AROUND THE WORLD.

    Expenses $66,016,778 · Revenue $88,310,245

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amit Sevak

    PRESIDENT & CEO

    Total calculated
    $2,184,468
    From this org
    $2,032,670
    From related orgs
    $0
    Other
    $151,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $858,103
    Bonus
    $938,050
    Other
    $236,517
    Deferred
    $119,357
    Nontaxable benefits
    $32,441
    Filer's total
    $2,184,468

  • Earl Lewis

    TRUSTEE

    Total calculated
    $125,391
    From this org
    $125,391
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Youngsuk Chi

    TRUSTEE

    Total calculated
    $123,444
    From this org
    $123,444
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • James Pellegrino

    TRUSTEE

    Total calculated
    $114,129
    From this org
    $114,129
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Kevin Guthrie

    TRUSTEE

    Total calculated
    $101,765
    From this org
    $101,765
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mildred Garca

    TRUSTEE

    Total calculated
    $95,088
    From this org
    $95,088
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Laverne Srinivasan

    TRUSTEE

    Total calculated
    $94,571
    From this org
    $94,571
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Barbara Jenkins

    TRUSTEE

    Total calculated
    $94,340
    From this org
    $94,340
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Kurt Landgraf

    TRUSTEE

    Total calculated
    $77,407
    From this org
    $77,407
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Darienne Driver Hudson

    TRUSTEE

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jeffrey Sine

    TRUSTEE

    Total calculated
    $75,000
    From this org
    $75,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Beverly Daniel Tatum

    TRUSTEE

    Total calculated
    $74,000
    From this org
    $74,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Wilhelm Krull

    TRUSTEE

    Total calculated
    $72,000
    From this org
    $72,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Candace Marie Thille

    TRUSTEE

    Total calculated
    $70,062
    From this org
    $70,062
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Antonia Hernndez

    TRUSTEE

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mariet Westermann

    TRUSTEE

    Total calculated
    $62,000
    From this org
    $62,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Ralph Taylor-Smithend 1012024

    VP CORPORATE DEVELOPMENT

    Total calculated
    $1,215,956
    From this org
    $1,187,598
    From related orgs
    $0
    Other
    $28,358
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $278,648
    Bonus
    $236,013
    Other
    $672,937
    Deferred
    $28,358
    Nontaxable benefits
    $0
    Filer's total
    $1,215,956

  • Jeffrey Alan Melnick

    SVP & CHIEF FINANCIAL OFFICER

    Total calculated
    $1,085,784
    From this org
    $975,965
    From related orgs
    $0
    Other
    $109,819
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $520,872
    Bonus
    $411,950
    Other
    $43,143
    Deferred
    $68,495
    Nontaxable benefits
    $41,324
    Filer's total
    $1,085,784

  • Steven E Santana

    CHIEF INFORMATION OFFICER

    Total calculated
    $1,065,700
    From this org
    $965,135
    From related orgs
    $0
    Other
    $100,565
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $381,878
    Bonus
    $533,997
    Other
    $49,260
    Deferred
    $58,312
    Nontaxable benefits
    $42,253
    Filer's total
    $1,065,700

  • Rohit Sharma End 09302025

    SVP GLOB HIGHER ED & WORKSKILL

    Total calculated
    $957,553
    From this org
    $877,173
    From related orgs
    $0
    Other
    $80,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,005
    Bonus
    $411,975
    Other
    $50,193
    Deferred
    $60,750
    Nontaxable benefits
    $19,630
    Filer's total
    $957,553

  • Paul Gollash

    VP, K-12-PRAXIS

    Total calculated
    $883,692
    From this org
    $795,032
    From related orgs
    $0
    Other
    $88,660
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $395,818
    Bonus
    $361,875
    Other
    $37,339
    Deferred
    $56,087
    Nontaxable benefits
    $32,573
    Filer's total
    $883,692

  • Michelle Elaine Froah End 9302025

    SVP GLOBAL STRATEGY & GROWTH

    Total calculated
    $874,178
    From this org
    $814,466
    From related orgs
    $0
    Other
    $59,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,019
    Bonus
    $337,050
    Other
    $63,397
    Deferred
    $59,712
    Nontaxable benefits
    $0
    Filer's total
    $874,178

  • Scott Nelson End 112025

    SVP & CHIEF MARKETING OFFICER

    Total calculated
    $756,927
    From this org
    $693,436
    From related orgs
    $0
    Other
    $63,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $366,798
    Bonus
    $236,913
    Other
    $89,725
    Deferred
    $31,050
    Nontaxable benefits
    $32,441
    Filer's total
    $756,927

  • Wallace Frank Dalrymple Jr

    VP, CHIEF SECURITY OFFICER

    Total calculated
    $725,252
    From this org
    $638,530
    From related orgs
    $0
    Other
    $86,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $319,551
    Bonus
    $259,313
    Other
    $59,666
    Deferred
    $50,044
    Nontaxable benefits
    $36,678
    Filer's total
    $725,252

  • Dennis Stetzel

    SVP, PRODUCTION & DELIVERY

    Total calculated
    $695,064
    From this org
    $627,502
    From related orgs
    $0
    Other
    $67,562
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,163
    Bonus
    $265,925
    Other
    $25,414
    Deferred
    $47,931
    Nontaxable benefits
    $19,631
    Filer's total
    $695,064

  • Kadriye Ercikan-Alper

    VP PSYCH, STAT & DATA SCIENCE

    Total calculated
    $657,528
    From this org
    $606,675
    From related orgs
    $0
    Other
    $50,853
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $283,675
    Bonus
    $244,481
    Other
    $78,519
    Deferred
    $26,952
    Nontaxable benefits
    $23,901
    Filer's total
    $657,528

  • Karen Elizabeth Barton

    VP ASSESSMENT OPERATIONS

    Total calculated
    $648,908
    From this org
    $565,349
    From related orgs
    $0
    Other
    $83,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $281,231
    Bonus
    $231,763
    Other
    $52,355
    Deferred
    $44,831
    Nontaxable benefits
    $38,728
    Filer's total
    $648,908

  • Betanelipeter V

    VP, DEP GEN COUNS & CORP SEC

    Total calculated
    $636,892
    From this org
    $593,477
    From related orgs
    $0
    Other
    $43,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,564
    Bonus
    $209,100
    Other
    $123,813
    Deferred
    $40,485
    Nontaxable benefits
    $2,930
    Filer's total
    $636,892

  • Rukshana Mazagonwalla End 060225

    VP, HR

    Total calculated
    $616,238
    From this org
    $542,716
    From related orgs
    $0
    Other
    $73,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $256,390
    Bonus
    $231,900
    Other
    $54,426
    Deferred
    $39,009
    Nontaxable benefits
    $34,513
    Filer's total
    $616,238

  • Mohammad Kousha End 112025

    VP, GLOBAL GROWTH

    Total calculated
    $614,831
    From this org
    $565,277
    From related orgs
    $0
    Other
    $49,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,286
    Bonus
    $182,000
    Other
    $64,991
    Deferred
    $29,924
    Nontaxable benefits
    $19,630
    Filer's total
    $614,831

  • Kelly L Odenheimer End 112025

    VP, CUSTOMER CARE

    Total calculated
    $592,121
    From this org
    $512,348
    From related orgs
    $0
    Other
    $79,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,251
    Bonus
    $171,625
    Other
    $33,472
    Deferred
    $44,556
    Nontaxable benefits
    $35,217
    Filer's total
    $592,121

  • Rick H Sinkfield Beg 072924

    CHIEF LEGAL OFFICER

    Total calculated
    $278,578
    From this org
    $239,134
    From related orgs
    $0
    Other
    $39,444
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,653
    Bonus
    $75,015
    Other
    $30,466
    Deferred
    $21,462
    Nontaxable benefits
    $17,982
    Filer's total
    $278,578

  • Strauss Sharon

    CHIEF PEOPLE OFFICER

    Total calculated
    $103,542
    From this org
    $88,632
    From related orgs
    $0
    Other
    $14,910
    Hours/week
    40

  • Peter Chan

    EXECUTIVE DIRECTOR OF IT

    Total calculated
    $671,495
    From this org
    $593,939
    From related orgs
    $0
    Other
    $77,556
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,318
    Bonus
    $129,102
    Other
    $176,519
    Deferred
    $41,198
    Nontaxable benefits
    $36,358
    Filer's total
    $671,495

  • Ruma Mukerji

    MANAGING DIRECTOR, FP&A

    Total calculated
    $635,503
    From this org
    $580,536
    From related orgs
    $0
    Other
    $54,967
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,294
    Bonus
    $275,000
    Other
    $18,242
    Deferred
    $39,846
    Nontaxable benefits
    $15,121
    Filer's total
    $635,503

  • Rajeev Garside

    GLOBAL MNG DIR FINANCE AND OPS

    Total calculated
    $626,902
    From this org
    $551,129
    From related orgs
    $0
    Other
    $75,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,774
    Bonus
    $231,250
    Other
    $36,105
    Deferred
    $42,538
    Nontaxable benefits
    $33,235
    Filer's total
    $626,902

  • Sarah L Rhame

    MANAGING DIRECTOR, OCEO

    Total calculated
    $551,580
    From this org
    $478,177
    From related orgs
    $0
    Other
    $73,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,942
    Bonus
    $164,820
    Other
    $32,415
    Deferred
    $41,352
    Nontaxable benefits
    $32,051
    Filer's total
    $551,580

  • Emal Dusst

    MD, ETS CAPITAL

    Total calculated
    $478,143
    From this org
    $436,548
    From related orgs
    $0
    Other
    $41,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,471
    Bonus
    $251,000
    Other
    $26,077
    Deferred
    $24,096
    Nontaxable benefits
    $17,499
    Filer's total
    $478,143

  • Kara N McWilliams End 8172024

    FORMER VP, PRODUCT INNOVATION & DEV.

    Total calculated
    $892,605
    From this org
    $852,287
    From related orgs
    $0
    Other
    $40,318
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,629
    Bonus
    $151,625
    Other
    $505,033
    Deferred
    $19,493
    Nontaxable benefits
    $20,825
    Filer's total
    $892,605

  • Sheree L Gregory End 100723

    FORMER DEPUTY GENERAL COUNSEL & CDO

    Total calculated
    $716,979
    From this org
    $716,979
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $716,979
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $716,979

  • Joanna Gorin End 100122

    FORMER VP RESEARCH

    Total calculated
    $625,000
    From this org
    $625,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $625,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $625,000

  • Ida Lawrence End 100323

    FORMER SR VP-RESEARCH & DEV. & CHAIR

    Total calculated
    $511,269
    From this org
    $511,269
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $511,269
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $511,269

  • Jack Hayon End 30223

    FORMER SVP & CHIEF FINANCIAL OFFICER

    Total calculated
    $306,634
    From this org
    $306,634
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $306,634
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $306,634

  • Draper Jr William C End 712023

    FORMER VP & COO COLLEGE BOARD

    Total calculated
    $279,385
    From this org
    $246,260
    From related orgs
    $0
    Other
    $33,125
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $246,260
    Deferred
    $20,139
    Nontaxable benefits
    $12,986
    Filer's total
    $279,385

  • Michael Freddo End 20223

    FORMER VP & CONTROLLER

    Total calculated
    $206,185
    From this org
    $178,031
    From related orgs
    $0
    Other
    $28,154
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $178,031
    Deferred
    $17,455
    Nontaxable benefits
    $10,699
    Filer's total
    $206,185

  • Hude Tracy End 322023

    FORMER VP - FINANCE

    Total calculated
    $185,143
    From this org
    $185,143
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $185,143
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $185,143

  • Rosa Kim Tilton End 30223

    FORMER CORPORATE SECRETARY

    Total calculated
    $177,146
    From this org
    $177,146
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $177,146
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $177,146

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
TAX GROSS-UP PAYMENTS/PERSONAL SERVICES: NINETEEN OFFICERS RECEIVED THIS BENEFIT (RELATED TO FINANCIAL PLANNING) DURING 2025. IT WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: ONE OFFICER RECEIVED THIS BENEFIT DURING 2025. IT WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUAL.
PART I, LINES 4A-B
LINE 4A: LINE 4A: THE CURRENT OR FORMER OFFICERS, MCWILLIAMS, KARA N;TAYLOR-SMITH, RALPH;DRAPER JR, WILLIAM C;FREDDO, MICHAEL; HAYON, JACK;HUDE, TRACY;JOHNSON-GREGORY, SHEREE L;LAWRENCE, IDA; NETTLES, MICHAEL T; TILTON,ROSA KIM; RECEIVED SEVERANCE PAYMENTS OF, $417,000; $507,900; $246,260; $178,031; $306,633; $185,143; $716,979; $511,269; $44,485; AND $177,145 RESPECTIVELY, FROM THE ORGANIZATION IN 2025. LINE 4B: OFFICERS AND OTHER EXECUTIVES PARTICIPATED IN A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN UNDER 457(F). THE NON-VESTED PORTION OF EACH OFFICER'S DEFERRED COMPENSATION IS REPORTED IN COLUMN C. THE VESTED PORTION OF EACH OFFICER'S DEFERRED COMPENSATION IS REPORTED IN COLUMNS B & F.
PART I, LINE 6
ETS INCENTIVE COMPENSATION PROGRAMS ARE VARIABLE CASH COMPENSATION PROGRAMS TO PROVIDE EMPLOYEES EARNINGS OPPORTUNITIES IN ADDITION TO BASE PAY. THESE VARIABLE COMPENSATION COMPONENTS RECOGNIZE AND REWARD BASED ON INDIVIDUAL AND ETS PERFORMANCE. PAYMENT UNDER THESE PROGRAMS ARE REALIZED WHEN ETS MEETS AND ACHIEVES ITS ANNUAL PERFORMANCE TARGETS FOR THE YEAR, AS DETERMINED BY A HOLISTIC ASSESSMENT OF METRICS FROM ETS'S BALANCED SCORECARD OBJECTIVES INCLUDING FINANCIAL, OPERATIONAL, CUSTOMER AND GROWTH GOALS.
PART I, LINE 7
ETS INCENTIVE COMPENSATION PROGRAMS ARE VARIABLE CASH COMPENSATION PROGRAMS TO PROVIDE EMPLOYEES EARNINGS OPPORTUNITIES IN ADDITION TO BASE PAY. THESE VARIABLE COMPENSATION COMPONENTS RECOGNIZE AND REWARD BASED ON INDIVIDUAL AND ETS PERFORMANCE. PAYMENT UNDER THESE PROGRAMS ARE REALIZED WHEN ETS MEETS AND ACHIEVES ITS ANNUAL PERFORMANCE TARGETS FOR THE YEAR, AS DETERMINED BY A HOLISTIC ASSESSMENT OF METRICS FROM ETS'S BALANCED SCORECARD OBJECTIVES INCLUDING FINANCIAL, OPERATIONAL, CUSTOMER AND GROWTH GOALS.
PART I, LINE 3
ETS ENGAGES AN EXTERNAL INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT ORGANIZATION ("IECCO") TO REVIEW AND ADVISE ON WORKERS COMPENSATION LAWS. FURTHER, THE IECCO PREPARES AN ANNUAL REPORT OF PROPOSED COMPENSATION FOR ETS' CEO AND OFFICERS EVALUATING THE REASONABLENESS OF THE COMPENSATION, AS DEFINED BY THE IRS INTERMEDIATE SANCTION RULES UNDER IRC SECTION 4958. THE REPORT ASSESSES THE RELEVANT LABOR MARKET FOR OFFICER ROLES USING NATIONAL DATA FROM COMPARABLE ORGANIZATIONS OF SIMILAR COMPLEXITY. THEN CONSISTENT WITH THE COMPOSITION OF THE LABOR MARKETS IN WHICH ETS COMPETES FOR EXECUTIVE TALENT, APPROPRIATE COMPARATIVE ANALYSIS ARE DEVELOPED FROM BOTH NOT-FOR-PROFIT AND FOR-PROFIT DATA. FINALLY, THE IECCO PREPARES A LETTER OF REASONABLENESS REGARDING THE ANALYSIS OF OFFICER PAY CONSISTENT WITH GOVERNMENT GUIDELINES WHICH IS PRESENTED TO THE GOVERNANCE AND HUMAN RESOURCES AND THE BOARD FOR REVIEW, COMMENT AND APPROVAL.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • INSTITUTE FOR STUDENT ACHIEVEMENT FOUNDATION

    501(C)(3) · EDUCATIONAL SERVICES · DE · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • MASTERY TRANSCRIPT CONSORTIUM

    501(C)(3) · EDUCATIONAL SERVICES · MA · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • EDUCATIONAL TESTING SERVICE (ETS) GLOBAL BV

    C · EDUCATIONAL SERVICES · NL · 100% owned · share of income $62,559,933 · share of assets $18,659,802 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • PIPPLET SAS

    C · EDUCATIONAL SERVICES · FR · 100% owned · share of income $1,717,240 · share of assets $478,129 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS EDUCATIONAL TESTING SERVICE CANADA INC

    C · EDUCATIONAL SERVICES · CA · 100% owned · share of income $3,897,000 · share of assets $1,856,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS ASSESSMENTS (BEIJING) LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income $9,986,963 · share of assets $4,487,096 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • EDUSOFT LTD

    C · EDUCATIONAL SERVICES · IS · 100% owned · share of income $8,517,439 · share of assets $11,239,702 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • EDUCATIONAL TESTING SERVICE DOMESTIC HOLDINGS INC

    C · HOLDING COMPANY · DE · 100% owned · share of assets $448,243,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETSQ HOLDINGS LLC

    C · HOLDING COMPANY · DE · 100% owned · share of assets -$2,459,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • QUESTAR ASSESSMENTS INC

    C · DORMANT · DE · 100% owned · share of income $702,000 · controlled entity

    Directly controlled by ETSQ HOLDINGS LLC

  • ETS INTERNATIONAL BV

    C · HOLDING COMPANY · NL · 100% owned · share of income $1,512,000 · share of assets $43,131,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS JAPAN

    C · EDUCATIONAL SERVICES · JA · 100% owned · share of income $3,846,000 · share of assets $1,883,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • ETS INDIA PRIVATE LIMITED

    C · EDUCATIONAL SERVICES · IN · 100% owned · share of income $18,497,000 · share of assets $7,084,000 · controlled entity

    Directly controlled by ETS JAPAN

  • ETS ASSESSMENT SERVICES PRIVATE LIMITED

    C · SUPPORT SERVICES · IN · 100% owned · share of income $9,972,024 · share of assets $17,345,692 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • ETS INTERNATIONAL UK LTD

    C · HOLDING & EDUCATIONAL SERVICES · UK · 100% owned · share of income $2,639,000 · share of assets $1,962,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • VERICANT INTERNATIONAL HOLDINGS LTD

    C · HOLDING COMPANY · HK · 100% owned · share of income -$32,788 · share of assets $480,948 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • VERICANT EDUCATION CONSULTING (BEIJING) LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income -$87,652 · share of assets $126,612 · controlled entity

    Directly controlled by VERICANT INTERNATIONAL HOLDINGS LTD

  • SHANGHAI YUPING EDUCATION TECHNOLOGY LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income -$5,559 · share of assets $11,213 · controlled entity

    Directly controlled by VERICANT EDUCATION CONSULTING

  • KIRA TALENT INC (CANADA)

    C · EDUCATIONAL SERVICES · CA · 100% owned · share of income $7,007,000 · share of assets $1,420,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • KIRA TALENT INC (US)

    C · EDUCATIONAL SERVICES · DE · 100% owned · share of income $1,692,000 · share of assets $824,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS ARABIA FOR TRAINING

    C · EDUCATIONAL SERVICES · SA · 100% owned · share of income $1,161,000 · share of assets $989,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • ENLIGHTKS AB

    C · ASSESSMENT SUPPORT SERVICES · SW · 100% owned · share of income $659,000 · share of assets $526,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL UK LTD

  • INTEGRATED LEARNING SOLUTON PRIVATE LIMITED (WHEEBOX)

    C · EDUCATIONAL SERVICES · IN · 100% owned · share of income $7,017,025 · share of assets $3,243,850 · controlled entity

    Directly controlled by ETS ASSESSMENT SERVICES PRIVATE

  • ETS MENA FZ-LLC

    C · EDUCATIONAL SERVICES · AE · 100% owned · share of income $3,256,152 · share of assets $160,529 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • PSI SERVICES (UK) LTD

    C · ASSESSMENT SERVICES · UK · 100% owned · share of income $21,290,000 · share of assets $12,345,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL UK LTD

  • ETS DIGITAL LLC

    C · ASSESSMENT SERVICES · DE · 100% owned · share of income $215,380,000 · share of assets $517,772,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS REGIONAL HEADQUARTERS

    C · ASSESSMENT SERVICES · SA · 100% owned · share of assets $35,000 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

Provenance

Return type
form_990
Tax year
2024
Filed
6 August 2026
IRS schema version
2024v5.5
Source object
202602249349301810

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