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Nonprofiteer
← COLLEGE BOARD

Form 990 for tax year 2024

Filed by COLLEGE BOARD.

Totals

Total revenue
$1,174,989,530
Total expenses
$962,967,183
Contributions and grants received
$2,463,755
Grants paid
$5,210,121
Program service revenue
$1,007,467,769
Investment income
$169,286,059
Other revenue
-$4,228,053
Total assets, end of year
$2,443,183,190
Total liabilities, end of year
$431,157,103
Net assets or fund balances, end of year
$2,012,026,087
Program services expenses (Part IX)
$814,051,930
Management and general expenses
$148,915,253
Fundraising expenses
$0
Program service expenses (Part III)
$814,051,930

Program services were 84.5% 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)

    $1,687,778

  • 1f · All other contributions, gifts and grants

    $775,977

  • 2a · Program service revenue: ADVANCED PLACEMENT PROGRAM

    total $576,355,329 · related or exempt $576,355,329

  • 2b · Program service revenue: SAT SUITE OF ASSESSMENTS

    total $295,653,377 · related or exempt $295,653,377

  • 2c · Program service revenue: COLLEGE & CAREER OPPORTUNITIES & ENROLLMENT

    total $116,649,460 · related or exempt $116,649,460

  • 2d · Program service revenue: OTHER SERVICES

    total $18,809,603 · related or exempt $18,809,603

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $31,053,809 · unrelated business $8,830,006 · excluded $22,223,803

  • 6a · Gross rents

    real property $7,591,070

  • 6b · Less rental expenses

    real property $11,819,123

  • 6c · Rental income or loss

    real property -$4,228,053 · personal property $0

  • 6d · Net rental income or loss

    total -$4,228,053 · excluded -$4,228,053

  • 7a · Gross sales of assets other than inventory

    securities $261,955,270 · other assets $146,244,895

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

    securities $185,349,164 · other assets $84,618,751

  • 7c · Gain or loss

    securities $76,606,106 · other assets $61,626,144

  • 7d · Net gain or loss

    total $138,232,250 · unrelated business $13,843,265 · excluded $124,388,985

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,269,848 · program services $2,269,848

  • 2 · Grants to domestic individuals

    total $2,940,273 · program services $2,940,273

  • 5 · Compensation of officers, directors and key employees

    total $9,684,964 · program services $1,227,964 · management and general $8,457,000

  • 7 · Other salaries and wages

    total $278,208,590 · program services $206,398,191 · management and general $71,810,399

  • 8 · Pension plan contributions

    total $26,240,069 · program services $19,242,757 · management and general $6,997,312

  • 9 · Other employee benefits

    total $24,277,565 · program services $17,857,617 · management and general $6,419,948

  • 10 · Payroll taxes

    total $22,096,121 · program services $15,993,145 · management and general $6,102,976

  • 11b · Fees: legal

    total $1,435,395 · program services $754,631 · management and general $680,764

  • 11c · Fees: accounting

    total $675,444 · management and general $675,444

  • 11d · Fees: lobbying

    total $1,571,377 · management and general $1,571,377

  • 11f · Fees: investment management

    total $14,788,258 · management and general $14,788,258

  • 11g · Fees: other

    total $41,795,846 · program services $41,795,846 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $5,017,943 · program services $5,017,943

  • 13 · Office expenses

    total $5,954,906 · program services $3,373,016 · management and general $2,581,890

  • 14 · Information technology

    total $46,442,143 · program services $31,853,647 · management and general $14,588,496

  • 16 · Occupancy

    total $13,217,192 · program services $9,557,164 · management and general $3,660,028

  • 17 · Travel

    total $17,475,256 · program services $14,916,466 · management and general $2,558,790

  • 19 · Conferences, conventions and meetings

    total $13,568,757 · program services $11,784,456 · management and general $1,784,301

  • 22 · Depreciation, depletion and amortization

    total $31,420,408 · program services $28,363,536 · management and general $3,056,872

  • 23 · Insurance

    total $2,478,977 · management and general $2,478,977

  • 24a · Other expenses: ASSESSMENT ADMINISTRATION & DEVELOPMENT

    total $376,226,678 · program services $376,226,678

  • 24b · Other expenses: RESEARCH

    total $14,111,243 · program services $14,111,243

  • 24c · Other expenses: PRINTING AND PUBLICATIONS

    total $9,586,528 · program services $9,544,945 · management and general $41,583

  • 24d · Other expenses: MARKETING

    total $1,177,877 · program services $539,833 · management and general $638,044

  • 24e · All other expenses

    total $305,525 · program services $282,731 · management and general $22,794 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,215,293 · end of year $2,037,609

  • 2 · Savings and temporary cash investments

    beginning of year $193,505,454 · end of year $318,988,381

  • 3 · Pledges and grants receivable

    beginning of year $1,388,365 · end of year $313,994

  • 4 · Accounts receivable

    beginning of year $83,303,463 · end of year $61,332,102

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,209,345 · end of year $28,474,044

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

    $179,654,627

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

    $65,905,556

  • 10c · Land, buildings and equipment, net

    beginning of year $107,216,588 · end of year $113,749,071

  • 11 · Investments: publicly traded securities

    beginning of year $460,580,852 · end of year $451,906,179

  • 12 · Investments: other securities

    beginning of year $1,119,392,589 · end of year $1,287,813,341

  • 13 · Investments: program-related

    beginning of year $19,658,226 · end of year $21,802,218

  • 15 · Other assets

    beginning of year $169,908,742 · end of year $156,766,251

  • 17 · Accounts payable and accrued expenses

    beginning of year $358,480,671 · end of year $335,678,366

  • 19 · Deferred revenue

    beginning of year $90,637,731 · end of year $95,478,737

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,733,786,106 · end of year $2,010,337,655

  • 28 · Net assets with donor restrictions

    beginning of year $1,474,409 · end of year $1,688,432

Mission and programs · 2024

Mission

Our mission is to serve over 6,000 members and connect more than 7 million students to college success and career opportunity. Through our programs and initiatives, we expand opportunities for students and challenge them to own their future by practicing hard and taking advantage of every opportunity they earn.

Activities or mission (Part I)

College Board reaches more than 7 million students a year, helping them navigate the path from high school to college and career. Our not-for-profit membership organization was founded more than 125 years ago. We pioneered programs like the SAT and Advanced Placement offering students opportunities to challenge themselves academically and show what they know. Our BigFuture program helps students plan for college, pay for college, and explore careers. Learn more at cb.org.

  • 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 taking just one AP course provided students a boost in first-year grades and on-time bachelor's degree attainment. College Board is committed to expanding access and opportunities for students to challenge themselves with college-level coursework and prepare themselves for college and career. Nearly 1.2 million students in the class of 2024 took more than 4.3 million AP Exams in U.S. public high schools nationwide, as educators across the country encourage a wider range of capable students to experience the benefits of AP. Among 2024 U.S. public high school graduates, 35.7% took at least one AP Exam during high school, and 22.6% of the graduating class scored a 3 or higher (out of 5) 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 on at least one AP exam has grown by 2.9 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. 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. 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.

    Expenses $453,297,724 · Grants $339,838 · Revenue $576,355,329

  • 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 2024 SAT Suite of Assessments Annual Report shows that 1.97 million students in the high school class of 2024 took the SAT at least once, up from 1.91 million in the class of 2023. The SAT can connect students with colleges and scholarship opportunities to help pay for college. College Board survey results continue to showmore than 80% of students want the chance to send their scores to colleges. The majority of test takers took the assessment through SAT School Day, in-school program that dramatically expands access to SAT testing. In the class of 2024, 1.35 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 68% of SAT takers in the class of 2024 took the SAT on a school day, the highest percentage to date, compared to 67% of the class of 2023, 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.

    Expenses $203,656,850 · Revenue $295,653,377

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $121,760,082 · Grants $2,488,763 · Revenue $116,649,460

  • 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 the Commonwealth of Puerto Rico and countries where the primary language is Spanish. These programs are aimed at systematizing the university evaluation and admissions processes, strengthening academic and personal orientation, and promoting educational excellence.

    Expenses $35,337,274 · Grants $2,381,520 · Revenue $18,809,603

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • David Coleman

    CEO/TRUSTEE

    Total calculated
    $2,345,561
    From this org
    $2,019,924
    From related orgs
    $0
    Other
    $325,637
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $891,738
    Bonus
    $1,051,650
    Other
    $76,536
    Deferred
    $294,850
    Nontaxable benefits
    $30,787
    Filer's total
    $2,345,561

  • Kedra Ishop

    Trustee-END 8/2024; Sec'y/SVP of Higher Ed, Membership and Access

    Total calculated
    $183,687
    From this org
    $174,291
    From related orgs
    $0
    Other
    $9,396
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,013
    Bonus
    $0
    Other
    $278
    Deferred
    $0
    Nontaxable benefits
    $9,396
    Filer's total
    $183,687

  • Susan Enfield

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Thomas Moore

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Adrian Epps

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Adrian Palazuelos

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Aimee Eubanks Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Anthony Jones

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Art Rodriguez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Catalina Cifuentes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Chad Spencer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Christoph Guttentag

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Courtney McAnuff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Derek Kindle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth Chacko

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jason Klein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Norrell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jessica Marinaccio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Karen Ritter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kelly Walter

    TRUSTEE - END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Kimberly Scott

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kristina Wong Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kyle Farmbry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Magdalena Hinojosa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Manuel French

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Mark Thomas

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Melody Bustillos

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Meredith Nadeau

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Nathan Brostrom

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Nikki Danos

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Patricia McCarthy

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Raul Hinojosa

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ronne P Turner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Shah Ardalan

    TRUSTEE- END 10/24

    Total calculated
    $0
    Hours/week
    2

  • Stuart Schmill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Suzanne McCray

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Thomas McDermott

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Tracey Michelle Morman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Daniela Berger Pollack

    CHIEF FINANCIAL OFFICER

    Total calculated
    $627,721
    From this org
    $591,728
    From related orgs
    $0
    Other
    $35,993
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $460,086
    Bonus
    $115,123
    Other
    $16,519
    Deferred
    $34,500
    Nontaxable benefits
    $1,493
    Filer's total
    $627,721

  • James Montoya

    SEC'Y & CHIEF OF MEMBERSHIP, GOVERNANCE, & GLOBAL HIGHER ED -END 11/24

    Total calculated
    $1,064,813
    From this org
    $1,008,022
    From related orgs
    $0
    Other
    $56,791
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $404,000
    Bonus
    $103,641
    Other
    $500,381
    Deferred
    $44,850
    Nontaxable benefits
    $11,941
    Filer's total
    $1,064,813

  • Jeff Olson

    Chief Data Officer and SVP, Technology Strategy

    Total calculated
    $810,278
    From this org
    $726,464
    From related orgs
    $0
    Other
    $83,814
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $518,987
    Bonus
    $137,000
    Other
    $70,477
    Deferred
    $44,850
    Nontaxable benefits
    $38,964
    Filer's total
    $810,278

  • Jeremy Singer

    PRESIDENT

    Total calculated
    $1,437,119
    From this org
    $1,372,586
    From related orgs
    $0
    Other
    $64,533
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $814,794
    Bonus
    $492,056
    Other
    $65,736
    Deferred
    $44,850
    Nontaxable benefits
    $19,683
    Filer's total
    $1,437,119

  • Martha Stratis

    CHIEF ACCOUNTING OFFICER

    Total calculated
    $406,946
    From this org
    $364,672
    From related orgs
    $0
    Other
    $42,274
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,160
    Bonus
    $43,765
    Other
    $747
    Deferred
    $41,655
    Nontaxable benefits
    $619
    Filer's total
    $406,946

  • Matt Wagner

    Interim President 7/24-12/24

    Total calculated
    $449,310
    From this org
    $373,194
    From related orgs
    $0
    Other
    $76,116
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,079
    Bonus
    $36,804
    Other
    $311
    Deferred
    $44,829
    Nontaxable benefits
    $31,287
    Filer's total
    $449,310

  • Peter Schwartz

    CHIEF LEGAL AND RISK OFFICER

    Total calculated
    $701,743
    From this org
    $652,531
    From related orgs
    $0
    Other
    $49,212
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $490,993
    Bonus
    $119,465
    Other
    $42,073
    Deferred
    $44,850
    Nontaxable benefits
    $4,362
    Filer's total
    $701,743

  • Sae-Young Kim

    Vice President of Investments and Treasurer

    Total calculated
    $419,352
    From this org
    $346,186
    From related orgs
    $0
    Other
    $73,166
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $304,616
    Bonus
    $41,076
    Other
    $494
    Deferred
    $30,760
    Nontaxable benefits
    $42,406
    Filer's total
    $419,352

  • Priscilla Rodriguez

    SVP, College Readiness Assessments

    Total calculated
    $524,879
    From this org
    $464,825
    From related orgs
    $0
    Other
    $60,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $371,667
    Bonus
    $92,329
    Other
    $829
    Deferred
    $34,500
    Nontaxable benefits
    $25,554
    Filer's total
    $524,879

  • Trevor Packer

    SVP, AP PROGRAMS

    Total calculated
    $713,557
    From this org
    $657,853
    From related orgs
    $0
    Other
    $55,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $508,840
    Bonus
    $124,941
    Other
    $24,072
    Deferred
    $44,850
    Nontaxable benefits
    $10,854
    Filer's total
    $713,557

  • Elissa Kim

    SVP, Global Strategy and Talent

    Total calculated
    $617,884
    From this org
    $574,203
    From related orgs
    $0
    Other
    $43,681
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $447,532
    Bonus
    $115,080
    Other
    $11,591
    Deferred
    $34,500
    Nontaxable benefits
    $9,181
    Filer's total
    $617,884

  • Gregory Walker

    Senior Vice President, State & District Partnerships

    Total calculated
    $573,613
    From this org
    $494,776
    From related orgs
    $0
    Other
    $78,837
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,210
    Bonus
    $102,750
    Other
    $1,816
    Deferred
    $44,850
    Nontaxable benefits
    $33,987
    Filer's total
    $573,613

  • John McGrath

    Chief Communications & Marketing Officer

    Total calculated
    $657,575
    From this org
    $580,378
    From related orgs
    $0
    Other
    $77,197
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $442,419
    Bonus
    $109,727
    Other
    $28,232
    Deferred
    $44,850
    Nontaxable benefits
    $32,347
    Filer's total
    $657,575

  • Kanika Lichthardt

    Senior Vice President, Operations

    Total calculated
    $515,956
    From this org
    $436,922
    From related orgs
    $0
    Other
    $79,034
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,320
    Bonus
    $84,974
    Other
    $15,628
    Deferred
    $44,850
    Nontaxable benefits
    $34,184
    Filer's total
    $515,956

  • Steve Bumbaugh

    SVP, COLLEGE, CAREER, AND DIGITAL ACCESS

    Total calculated
    $570,128
    From this org
    $510,891
    From related orgs
    $0
    Other
    $59,237
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $327,121
    Bonus
    $155,251
    Other
    $28,519
    Deferred
    $44,850
    Nontaxable benefits
    $14,387
    Filer's total
    $570,128

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 · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
FIRST CLASS TRAVEL IS USED BY THE EXECUTIVE LEADERSHIP COMMITTEE AND ON FLIGHTS OVER 8 HOURS BY THE INTERNATIONAL TEAM AND IS EXCLUDED FROM TAXABLE COMPENSATION IN ACCORDANCE WITH IRC SEC. 274.
Schedule J, Part I, Line 4a Severance or change-of-control payment
JAMES MONTOYA $439,850

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.

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.

  • College Board Holding LLC

    Holding Company · DE · assets $3,055

    Directly controlled by College Board

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • College Board India Global Alliance LLP

    Related · Marketing · IN · share of income $452,028 · share of assets $630,074 · general or managing partner

    Directly controlled by College Board

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.1
Source object
202523149349305782

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

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