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Nonprofiteer
← EDUCATIONAL TESTING SERVICE

Form 990 for tax year 2022

Filed by EDUCATIONAL TESTING SERVICE.

Totals

Total revenue
$1,058,224,336
Total expenses
$1,067,874,626
Contributions and grants received
$4,848,675
Grants paid
$1,190,250
Program service revenue
$918,618,983
Investment income
$61,641,187
Other revenue
$73,115,491
Total assets, end of year
$1,763,847,528
Total liabilities, end of year
$267,920,528
Net assets or fund balances, end of year
$1,495,927,000
Program services expenses (Part IX)
$916,021,585
Management and general expenses
$151,853,041
Fundraising expenses
$0
Program service expenses (Part III)
$916,021,585

Program services were 85.8% 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)

    $4,848,675

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

    total $783,485,224 · related or exempt $783,485,224

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

    total $135,133,759 · related or exempt $135,133,759

  • 3 · Investment income

    total $5,395,323 · unrelated business -$2,475,155 · excluded $7,870,478

  • 5 · Royalties

    total $62,255,740 · excluded $62,255,740

  • 6a · Gross rents

    real property $797,494

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $797,494

  • 6d · Net rental income or loss

    total $797,494 · excluded $797,494

  • 7a · Gross sales of assets other than inventory

    securities $56,245,864

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

    securities $0

  • 7c · Gain or loss

    securities $56,245,864

  • 7d · Net gain or loss

    total $56,245,864 · excluded $56,245,864

  • 11a · Other revenue: OCCUPATIONAL & PROFESS

    total $6,913,333 · unrelated business $6,913,333

  • 11b · Other revenue: CHAUNCEY CONFERENCE CE

    total $3,148,924 · unrelated business $3,148,924

  • 11e · Other revenue, total

    $10,062,257

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,011,495 · program services $1,011,495

  • 2 · Grants to domestic individuals

    total $178,755 · program services $178,755

  • 5 · Compensation of officers, directors and key employees

    total $11,060,861 · program services $2,327,843 · management and general $8,733,018

  • 6 · Compensation of disqualified persons

    total $8,216,479 · management and general $8,216,479

  • 7 · Other salaries and wages

    total $273,577,709 · program services $231,727,231 · management and general $41,850,478

  • 8 · Pension plan contributions

    total $23,893,768 · program services $19,096,333 · management and general $4,797,435

  • 9 · Other employee benefits

    total $12,054,362 · program services $9,634,065 · management and general $2,420,297

  • 10 · Payroll taxes

    total $21,148,834 · program services $16,902,532 · management and general $4,246,302

  • 11b · Fees: legal

    total $4,558,506 · program services $422,214 · management and general $4,136,292

  • 11c · Fees: accounting

    total $2,808,868 · management and general $2,808,868

  • 11d · Fees: lobbying

    total $106,892 · management and general $106,892

  • 11f · Fees: investment management

    total $3,679,808 · management and general $3,679,808

  • 11g · Fees: other

    total $476,046,069 · program services $438,112,411 · management and general $37,933,658

  • 12 · Advertising and promotion

    total $16,480,648 · program services $16,150,414 · management and general $330,234

  • 13 · Office expenses

    total $118,268,799 · program services $112,517,645 · management and general $5,751,154

  • 15 · Royalties

    total $1,117,648 · program services $1,117,648

  • 16 · Occupancy

    total $16,750,237 · program services $16,086,900 · management and general $663,337

  • 17 · Travel

    total $5,339,223 · program services $4,400,140 · management and general $939,083

  • 19 · Conferences, conventions and meetings

    total $1,445,724 · program services $1,131,154 · management and general $314,570

  • 20 · Interest

    total $1,220,040 · management and general $1,220,040

  • 22 · Depreciation, depletion and amortization

    total $41,268,922 · program services $37,511,919 · management and general $3,757,003

  • 23 · Insurance

    total $3,330,262 · management and general $3,330,262

  • 24a · Other expenses: MISCELLANEOUS

    total $16,201,806 · management and general $16,201,806

  • 24b · Other expenses: INCOME TAXES

    total $3,814,645 · program services $3,814,645

  • 24c · Other expenses: CHAUNCEY CONFERENCE CEN

    total $3,513,797 · program services $3,513,797

  • 24d · Other expenses: MEMBERSHIPS AND DUES

    total $780,469 · program services $364,444 · management and general $416,025

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $432,267 · end of year $195,619,326

  • 2 · Savings and temporary cash investments

    beginning of year $32,392,836 · end of year $16,214,500

  • 4 · Accounts receivable

    beginning of year $98,250,091 · end of year $119,288,711

  • 7 · Other notes and loans receivable

    beginning of year $10,098,560 · end of year $13,260,468

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,822,180 · end of year $19,300,242

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

    $239,954,996

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

    $167,840,034

  • 10c · Land, buildings and equipment, net

    beginning of year $71,835,793 · end of year $72,114,962

  • 11 · Investments: publicly traded securities

    beginning of year $142,307,260 · end of year $109,231,657

  • 12 · Investments: other securities

    beginning of year $1,222,431,164 · end of year $1,028,029,940

  • 14 · Intangible assets

    beginning of year $114,767,254 · end of year $117,136,935

  • 15 · Other assets

    beginning of year $71,682,253 · end of year $73,650,787

  • 17 · Accounts payable and accrued expenses

    beginning of year $173,789,341 · end of year $161,204,442

  • 19 · Deferred revenue

    beginning of year $70,158,639 · end of year $53,333,842

  • 25 · Other liabilities

    beginning of year $45,983,272 · end of year $53,382,244

  • 27 · Net assets without donor restrictions

    beginning of year $1,499,088,406 · end of year $1,495,927,000

Mission and programs · 2022

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.MISSIONOUR 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.VISIONTO 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.

    Expenses $794,806,634 · Grants $1,190,250 · Revenue $783,485,224

  • ASSESSMENT ADMINISTRATION & DELIVERYTHE 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 $121,214,951 · Revenue $135,133,759

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

Listed in Part VII

  • Amit Sevak Start 7122

    PRESIDENT & CEO

    Total calculated
    $748,744
    From this org
    $658,485
    From related orgs
    $0
    Other
    $90,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $464,267
    Bonus
    $100,000
    Other
    $94,218
    Deferred
    $66,760
    Nontaxable benefits
    $23,499
    Filer's total
    $748,744

  • Jeffrey Sine

    TRUSTEE

    Total calculated
    $184,500
    From this org
    $184,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $184,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $184,500

  • Earl Lewis

    TRUSTEE

    Total calculated
    $164,500
    From this org
    $164,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $164,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,500

  • Beverly Daniel Tatum

    TRUSTEE

    Total calculated
    $158,500
    From this org
    $158,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $158,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $158,500

  • James Pellegrino

    TRUSTEE

    Total calculated
    $157,500
    From this org
    $157,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $157,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $157,500

  • Kurt Landgraf

    TRUSTEE

    Total calculated
    $145,000
    From this org
    $145,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Martha Kanter

    TRUSTEE

    Total calculated
    $143,000
    From this org
    $143,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Michela English End 42823

    TRUSTEE

    Total calculated
    $135,000
    From this org
    $135,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mildred Garcia

    TRUSTEE

    Total calculated
    $107,000
    From this org
    $107,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Barbara Jenkins

    TRUSTEE

    Total calculated
    $94,000
    From this org
    $94,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Youngsuk Chi

    TRUSTEE

    Total calculated
    $86,000
    From this org
    $86,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Kevin Guthrie

    TRUSTEE

    Total calculated
    $86,000
    From this org
    $86,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Candace Thille

    TRUSTEE

    Total calculated
    $80,000
    From this org
    $80,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Wilhelm Krull

    TRUSTEE

    Total calculated
    $80,000
    From this org
    $80,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mariet Westermann

    TRUSTEE

    Total calculated
    $78,500
    From this org
    $78,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Darienne Hudson

    TRUSTEE

    Total calculated
    $69,000
    From this org
    $69,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Patricia Gandara

    TRUSTEE

    Total calculated
    $62,500
    From this org
    $62,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Antonia Hernandez

    TRUSTEE

    Total calculated
    $56,000
    From this org
    $56,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Laverne Srinivasanstart 6122

    TRUSTE

    Total calculated
    $38,333
    From this org
    $38,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Jack Hayon End 3223

    SVP & CHIEF FINANCIAL OFFICER

    Total calculated
    $839,141
    From this org
    $785,509
    From related orgs
    $0
    Other
    $53,632
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $388,493
    Bonus
    $303,975
    Other
    $93,041
    Deferred
    $27,450
    Nontaxable benefits
    $26,182
    Filer's total
    $839,141

  • Ralph Taylor-Smith

    VP CORPORATE DEVELOPMENT

    Total calculated
    $781,471
    From this org
    $733,231
    From related orgs
    $0
    Other
    $48,240
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,840
    Bonus
    $360,500
    Other
    $46,891
    Deferred
    $48,240
    Nontaxable benefits
    $0
    Filer's total
    $781,471

  • Scott Forrester Nelson

    SVP & CHIEF MARKETING OFFICER

    Total calculated
    $715,660
    From this org
    $657,237
    From related orgs
    $0
    Other
    $58,423
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,466
    Bonus
    $234,000
    Other
    $77,771
    Deferred
    $27,450
    Nontaxable benefits
    $30,973
    Filer's total
    $715,660

  • Sheree L Johnson-Gregory

    DEPUTY GENERAL COUNSEL & CDO

    Total calculated
    $689,155
    From this org
    $646,399
    From related orgs
    $0
    Other
    $42,756
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $328,775
    Bonus
    $241,125
    Other
    $76,499
    Deferred
    $24,015
    Nontaxable benefits
    $18,741
    Filer's total
    $689,155

  • Ida Lawrence

    SR VP-RESEARCH & DEVELOPMENT

    Total calculated
    $668,877
    From this org
    $620,686
    From related orgs
    $0
    Other
    $48,191
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $341,663
    Bonus
    $193,125
    Other
    $85,898
    Deferred
    $27,450
    Nontaxable benefits
    $20,741
    Filer's total
    $668,877

  • Michael T Nettles End 1723

    SVP-CTR POLICY EVAL & RSRCH

    Total calculated
    $581,920
    From this org
    $534,917
    From related orgs
    $0
    Other
    $47,003
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,322
    Bonus
    $169,125
    Other
    $74,470
    Deferred
    $26,562
    Nontaxable benefits
    $20,441
    Filer's total
    $581,920

  • Sara Lester End 3223

    VP HUMAN RESOURCES & LEARNING

    Total calculated
    $578,262
    From this org
    $507,853
    From related orgs
    $0
    Other
    $70,409
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,422
    Bonus
    $212,625
    Other
    $20,806
    Deferred
    $37,943
    Nontaxable benefits
    $32,466
    Filer's total
    $578,262

  • William C Draper Jrend 7123

    VP & COO COLLEGE BOARD

    Total calculated
    $568,120
    From this org
    $540,037
    From related orgs
    $0
    Other
    $28,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,545
    Bonus
    $199,875
    Other
    $53,617
    Deferred
    $25,233
    Nontaxable benefits
    $2,850
    Filer's total
    $568,120

  • Joanna Gorin End 10122

    VP RESEARCH

    Total calculated
    $562,209
    From this org
    $524,287
    From related orgs
    $0
    Other
    $37,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,688
    Bonus
    $165,375
    Other
    $104,224
    Deferred
    $24,146
    Nontaxable benefits
    $13,776
    Filer's total
    $562,209

  • Kadriye Ercikan-Alper

    VP PSYCH, STAT & DATA SCIENCE

    Total calculated
    $534,641
    From this org
    $480,689
    From related orgs
    $0
    Other
    $53,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,339
    Bonus
    $152,125
    Other
    $51,225
    Deferred
    $23,715
    Nontaxable benefits
    $30,237
    Filer's total
    $534,641

  • Andreas Oranje End 32523

    VP ASSESS & LEARNING TECH DEV

    Total calculated
    $526,883
    From this org
    $455,472
    From related orgs
    $0
    Other
    $71,411
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,499
    Bonus
    $152,000
    Other
    $20,973
    Deferred
    $39,829
    Nontaxable benefits
    $31,582
    Filer's total
    $526,883

  • Tracy Hude End 3223

    VP - FINANCE

    Total calculated
    $512,097
    From this org
    $477,556
    From related orgs
    $0
    Other
    $34,541
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,432
    Bonus
    $201,000
    Other
    $47,124
    Deferred
    $34,541
    Nontaxable benefits
    $0
    Filer's total
    $512,097

  • Steven Santana

    CHIEF INFORMATION OFFICER

    Total calculated
    $500,913
    From this org
    $415,372
    From related orgs
    $0
    Other
    $85,541
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $368,249
    Bonus
    $25,000
    Other
    $22,123
    Deferred
    $52,000
    Nontaxable benefits
    $33,541
    Filer's total
    $500,913

  • Michael Freddo End 2223

    VP & CONTROLLER

    Total calculated
    $482,591
    From this org
    $436,256
    From related orgs
    $0
    Other
    $46,335
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,061
    Bonus
    $146,850
    Other
    $66,345
    Deferred
    $24,744
    Nontaxable benefits
    $21,591
    Filer's total
    $482,591

  • Theresa Keri

    VP PRODUCTION & DELIVERY

    Total calculated
    $447,841
    From this org
    $392,400
    From related orgs
    $0
    Other
    $55,441
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,518
    Bonus
    $126,730
    Other
    $31,152
    Deferred
    $35,450
    Nontaxable benefits
    $19,991
    Filer's total
    $447,841

  • Rosa Kim Tilton End 3223

    VP & CORPORATE SECRETARY

    Total calculated
    $301,715
    From this org
    $266,589
    From related orgs
    $0
    Other
    $35,126
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,690
    Bonus
    $0
    Other
    $42,899
    Deferred
    $23,084
    Nontaxable benefits
    $12,042
    Filer's total
    $301,715

  • Dennis Stetzel Start 31422

    SVP, PRODUCTION & DELIVERY

    Total calculated
    $281,634
    From this org
    $237,168
    From related orgs
    $0
    Other
    $44,466
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,619
    Bonus
    $0
    Other
    $41,549
    Deferred
    $30,410
    Nontaxable benefits
    $14,056
    Filer's total
    $281,634

  • Rohit Sharma Start 9622

    SVP GM GLOBAL WORKSKILLS

    Total calculated
    $221,854
    From this org
    $201,161
    From related orgs
    $0
    Other
    $20,693
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $95,096
    Bonus
    $75,000
    Other
    $31,065
    Deferred
    $15,508
    Nontaxable benefits
    $5,185
    Filer's total
    $221,854

  • Wallace Frank Dalrymple Jr

    VP, CHIEF SECURITY OFFICER

    Total calculated
    $151,706
    From this org
    $127,560
    From related orgs
    $0
    Other
    $24,146
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,280
    Bonus
    $0
    Other
    $9,280
    Deferred
    $13,413
    Nontaxable benefits
    $10,733
    Filer's total
    $151,706

  • Jeffrey Melnickstart 122822

    CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    40

  • Irwin Kirsch

    TYLER CHAIR LG SCALE ASSESSMNT

    Total calculated
    $495,456
    From this org
    $416,683
    From related orgs
    $0
    Other
    $78,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,250
    Bonus
    $83,862
    Other
    $32,571
    Deferred
    $53,788
    Nontaxable benefits
    $24,985
    Filer's total
    $495,456

  • Kelly L Odenheimer

    AVP MARKETING AND SALES

    Total calculated
    $472,809
    From this org
    $402,069
    From related orgs
    $0
    Other
    $70,740
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $379,389
    Bonus
    $0
    Other
    $22,680
    Deferred
    $38,723
    Nontaxable benefits
    $32,017
    Filer's total
    $472,809

  • Mohammad Kousha

    AVP GLOBAL STRAT & GROWTH

    Total calculated
    $468,394
    From this org
    $407,532
    From related orgs
    $0
    Other
    $60,862
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $371,397
    Bonus
    $0
    Other
    $36,135
    Deferred
    $38,881
    Nontaxable benefits
    $21,981
    Filer's total
    $468,394

  • Alberto Acereda

    AVP GLOBAL HIGHER ED.

    Total calculated
    $447,967
    From this org
    $383,239
    From related orgs
    $0
    Other
    $64,728
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $354,806
    Bonus
    $0
    Other
    $28,433
    Deferred
    $34,307
    Nontaxable benefits
    $30,421
    Filer's total
    $447,967

  • Randy E Bennett

    FREDERIKSEN CHAIR-ASSESS INNOV

    Total calculated
    $435,010
    From this org
    $398,217
    From related orgs
    $0
    Other
    $36,793
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $334,453
    Bonus
    $36,764
    Other
    $27,000
    Deferred
    $25,075
    Nontaxable benefits
    $11,718
    Filer's total
    $435,010

  • Debra Sterward End 42922

    FORMER TRUSTEE

    Total calculated
    $35,333
    From this org
    $35,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $35,333
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $35,333

  • Wade Henderson End 42922

    FORMER TRUSTEE

    Total calculated
    $31,333
    From this org
    $31,333
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $31,333
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $31,333

  • Deborah Quazzo End 21922

    FORMER TRUSTEE

    Total calculated
    $27,000
    From this org
    $27,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $27,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $27,000

  • Walter MacDonald End 61522

    FORMER PRESIDENT

    Total calculated
    $2,280,353
    From this org
    $2,192,517
    From related orgs
    $0
    Other
    $87,836
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $410,787
    Bonus
    $412,000
    Other
    $1,369,730
    Deferred
    $66,243
    Nontaxable benefits
    $21,593
    Filer's total
    $2,280,353

  • Eddie Monteiro End 9122

    FORMER SVP & COO

    Total calculated
    $827,014
    From this org
    $769,630
    From related orgs
    $0
    Other
    $57,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $329,375
    Bonus
    $175,000
    Other
    $265,255
    Deferred
    $27,450
    Nontaxable benefits
    $29,934
    Filer's total
    $827,014

  • Scott V Weaver End 5322

    FORMER VP CHIEF STRATEGY OFFICER

    Total calculated
    $816,516
    From this org
    $792,438
    From related orgs
    $0
    Other
    $24,078
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $105,120
    Bonus
    $158,500
    Other
    $528,818
    Deferred
    $10,824
    Nontaxable benefits
    $13,254
    Filer's total
    $816,516

  • Glenn C Schroeder End 5622

    FORMER SVP & GENERAL COUNSEL

    Total calculated
    $786,098
    From this org
    $425,213
    From related orgs
    $0
    Other
    $360,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,370
    Bonus
    $240,150
    Other
    $35,693
    Deferred
    $212,043
    Nontaxable benefits
    $148,842
    Filer's total
    $786,098

  • David Hobson End 8122

    FORMER VP & CORPORATE SECRETARY

    Total calculated
    $404,035
    From this org
    $377,490
    From related orgs
    $0
    Other
    $26,545
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,662
    Bonus
    $159,000
    Other
    $96,828
    Deferred
    $15,092
    Nontaxable benefits
    $11,453
    Filer's total
    $404,035

  • Rebecca Pfund End 121821

    FORMER SVP & CHIEF INFORMATION OFFICER

    Total calculated
    $233,658
    From this org
    $233,658
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $233,658
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $233,658

  • Lilian M Lowery End 2122

    FORMER VP & COO STA K12 & TLC

    Total calculated
    $228,707
    From this org
    $191,820
    From related orgs
    $0
    Other
    $36,887
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $34,188
    Bonus
    $147,000
    Other
    $10,632
    Deferred
    $32,777
    Nontaxable benefits
    $4,110
    Filer's total
    $228,707

  • David G Payne End 31221

    FORMER VP & COO GLOBAL EDUCATION

    Total calculated
    $112,530
    From this org
    $112,530
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $112,530
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $112,530

  • Bruce Gilbertson End 31221

    FORMER VP FACILITIES & REAL ESTATE

    Total calculated
    $105,808
    From this org
    $102,255
    From related orgs
    $0
    Other
    $3,553
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $102,255
    Deferred
    $3,553
    Nontaxable benefits
    $0
    Filer's total
    $105,808

  • John Basehore End 111922

    FORMER VP & TREASURER

    Total calculated
    $105,349
    From this org
    $105,349
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $105,349
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $105,349

  • Anne F Rockey End 31221

    FORMER VP - OPERATIONS

    Total calculated
    $103,595
    From this org
    $103,595
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $103,595
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $103,595

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 2022. IT WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUALS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: ONE OFFICER RECEIVED THIS BENEFIT DURING 2022. IT WAS TREATED AS TAXABLE COMPENSATION TO THE INDIVIDUAL.
PART I, LINE 3
ETS ENGAGES AN EXTERNAL INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT ORGANIZATION ("IECCO") TO REVIEW AND ADVISE ON WORKER COMPENSATION LAWS. FURTHER, THE IECCO PREPARES AN ANNUAL REPORT OF PROPOSED COMPENSATION FOR ETS'S CEO AND OFFICERS EVALUATING THE REASONABLENESS OF THE COMPENSATION, AS DEFINED BY THE IRS INTERMEDIATE SANCTION RULES. THE REPORT ASSESSES THE RELEVANT LABOR MARKET FOR OFFICER ROLES USING NATIONAL DATA FROM COMPARABLE ORGANIZATIONS OF SIMILAR SIZE AND COMPLEXITY. THEN, CONSISTENT WITH THE COMPOSITION OF THE LABOR MARKETS IN WHICH ETS COMPETES FOR EXECUTIVE TALENT, APPROPRIATE COMPARATIVE ANALYSES ARE DEVELOPED FROM BOTH NOT-FOR-PROFIT AND FOR-PROFIT DATA. FINALLY, THE IECCO PREPARES A LETTER OF REASONABLENESS REGARDING THE ANALYSES OF OFFICER PAY CONSISTENT WITH GOVERNMENT GUIDELINES WHICH IS PRESENTED TO THE COMMITTEE ON GOVERNANCE AND HUMAN RESOURCES AND THE BOARD FOR REVIEW, COMMENT AND APPROVAL.
PART I, LINES 4A-B
LINE 4A: THE FOLLOWING CURRENT OFFICERS AND/OR FORMER OFFICERS; WALTER MACDONALD, EDDIE MONTEIRO, SCOTT V. WEAVER, JOHN BASEHORE, BRUCE GILBERTSON, DAVID G. PAYNE, AND ANNE ROCKEY RECEIVED SEVERANCE PAYMENTS OF $1,157,720, $200,000, $267,109, $101,779, $97,968, $105,810, AND $99,548 RESPECTIVELY, FROM THE ORGANIZATION IN 2022. 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'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

The 10 largest by cash amount. The API serves every itemized grant.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ETS DIGITAL LLC

    DORMANT/INACTIVE · DE · income $0 · assets $0

    Directly controlled by EDUCATIONAL TESTING SERVICE

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 $47,214,981 · share of assets $17,892,979 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • PIPPLET SAS

    C · EDUCATIONAL SERVICES · FR · 100% owned · share of income $1,602,049 · share of assets -$490,142 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE (ETS) GLOBAL BV

  • ETS EDUCATIONAL TESTING SERVICE CANADA INC

    C · EDUCATIONAL SERVICES · CA · 100% owned · share of income $1,743,046 · share of assets $884,356 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS ASSESSMENTS (BEIJING) LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income $11,836,675 · share of assets $4,867,203 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE (ETS) GLOBAL BV

  • EDUCATIONAL TESTING SERVICE INTERNATIONAL HOLDINGS LIMITED

    C · EDUCATIONAL SERVICES · EI · 100% owned · share of assets $6,421,635 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • EDUCATIONAL TESTING SERVICE DOMESTIC HOLDINGS INC

    C · HOLDING COMPANY · DE · 100% owned · share of assets -$3,337,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETSQ HOLDINGS LLC

    C · HOLDING COMPANY · DE · 100% owned · share of assets -$3,391,000 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE DOMESTIC HOLDINGS INC

  • QUESTAR ASSESSMENTS INC

    C · EDUCATIONAL SERVICES · MN · 100% owned · share of assets $315,000 · controlled entity

    Directly controlled by ETSQ HOLDINGS LLC

  • ETS INTERNATIONAL BV

    C · HOLDING COMPANY · NL · 100% owned · share of income $62,000 · share of assets $37,753,171 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS JAPAN

    C · EDUCATIONAL SERVICES · JA · 100% owned · share of income $4,284,032 · share of assets $2,559,792 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • ETS INDIA PRIVATE LIMITED

    C · EDUCATIONAL SERVICES · IN · 100% owned · share of income $18,906,535 · share of assets $16,420,332 · controlled entity

    Directly controlled by ETS JAPAN

  • ETS ASSESSMENT SERVICES PRIVATE LIMITED

    C · EDUCATIONAL SERVICES · IN · 100% owned · share of income $173,717 · share of assets $13,750,487 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • ETS INTERNATIONAL UK LTD

    C · EDUCATIONAL SERVICES · UK · 100% owned · share of income $1,279,050 · share of assets $1,415,454 · controlled entity

    Directly controlled by ETS INTERNATIONAL BV

  • VERICANT INTERNATIONAL HOLDINGS LTD

    C · HOLDING COMPANY · HK · 100% owned · share of income $94,668 · share of assets $481,012 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • VERICANT EDUCATION CONSULTING (BEIJING) LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income $93,490 · share of assets $290,842 · controlled entity

    Directly controlled by VERIANT INTERNATIONAL HOLDINGS LTD

  • SHANGHAI YUPING EDUCATION TECHNOLOGY LTD

    C · EDUCATIONAL SERVICES · CH · 100% owned · share of income $8,156 · share of assets $17,735 · controlled entity

    Directly controlled by VERICANT EDUCATION CONSULTING (BEIJING) LTD

  • KIRA TALENT INC (CANADA)

    C · EDUCATIONAL SERVICES · CA · 91.34% owned · share of income $4,656,951 · share of assets $12,970,488 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • KIRA TALENT INC (US)

    C · EDUCATIONAL SERVICES · DE · 100% owned · share of income $347,450 · share of assets $14,515 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE

  • ETS MENA FZ-LLC

    C · EDUCATIONAL SERVICES · AE · 100% owned · share of income $48,982 · share of assets $33,392 · controlled entity

    Directly controlled by EDUCATIONAL TESTING SERVICE (ETS) GLOBAL BV

  • INTEGRATED LEARNING SOLUTIONS

    C · EDUCATIONAL SERVICES · IN · 100% owned · share of income $1,539,889 · share of assets $760,168 · controlled entity

    Directly controlled by ETS ASSESSMENT SERVICES PRIVATE LIMITED

  • EDUSOFT LTD

    C · EDUCATIONAL SERVICES · IS · 100% owned · share of income $7,011,624 · share of assets $11,978,082

    Directly controlled by EDUCATIONAL TESTING SERVICE INTERNATIONAL

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202442279349300704

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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