Form 990 for tax year 2023
Filed by NATIONAL COUNCIL FOR STATE AUTHORIZATION RECIPROCITY AGREEMEN.
Totals
- Total revenue
- $7,984,725
- Total expenses
- $6,867,431
- Contributions and grants received
- $0
- Grants paid
- $192,691
- Program service revenue
- $7,780,244
- Investment income
- $204,481
- Other revenue
- $0
- Total assets, end of year
- $15,939,580
- Total liabilities, end of year
- $4,955,141
- Net assets or fund balances, end of year
- $10,984,439
- Program services expenses (Part IX)
- $5,437,284
- Management and general expenses
- $1,430,147
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,437,284
Program services were 79.2% 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.
-
2a · Program service revenue: Membership Dues
total $7,780,244 · related or exempt $7,780,244
-
3 · Investment income
total $227,542 · excluded $227,542
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $613,445
-
7b · Less cost or other basis and sales expenses
securities $636,506
-
7c · Gain or loss
securities -$23,061
-
7d · Net gain or loss
total -$23,061 · excluded -$23,061
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $192,691 · program services $192,691
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $958,432 · program services $624,268 · management and general $334,164
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,401,260 · program services $1,050,532 · management and general $350,728
-
8 · Pension plan contributions
total $143,874 · program services $110,675 · management and general $33,199
-
9 · Other employee benefits
total $209,127 · program services $155,515 · management and general $53,612
-
10 · Payroll taxes
total $180,491 · program services $129,145 · management and general $51,346
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $63,758 · management and general $63,758
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $142,182 · program services $138,571 · management and general $3,611
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $22,492 · program services $6,763 · management and general $15,729
-
14 · Information technology
total $379,262 · program services $267,359 · management and general $111,903
-
15 · Royalties
total $0
-
16 · Occupancy
total $113,855 · program services $81,466 · management and general $32,389
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $464,874 · program services $199,259 · management and general $265,615
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $221,919 · program services $158,788 · management and general $63,131
-
23 · Insurance
total $0
-
24a · Other expenses: Regional Allocation Expenses
total $2,016,372 · program services $2,016,372
-
24b · Other expenses: Dues and subscriptions
total $95,987 · program services $82,962 · management and general $13,025
-
24c · Other expenses: Credit Card Transaction Fees
total $92,173 · program services $92,173
-
24d · Other expenses: Other Expense
total $84,966 · program services $52,796 · management and general $32,170
-
24e · All other expenses
total $83,716 · program services $77,949 · management and general $5,767
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $519,645 · end of year $530,106
-
2 · Savings and temporary cash investments
beginning of year $2,823,209 · end of year $3,588,520
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $2,303,971 · end of year $2,449,413
-
10a · Land, buildings and equipment: cost or other basis
$213,981
-
10b · Land, buildings and equipment: accumulated depreciation
$160,785
-
10c · Land, buildings and equipment, net
beginning of year $78,794 · end of year $53,196
-
11 · Investments: publicly traded securities
beginning of year $6,481,473 · end of year $6,923,360
-
12 · Investments: other securities
beginning of year $1,460,003 · end of year $1,810,233
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $64,889 · end of year $13,709
-
15 · Other assets
beginning of year $716,185 · end of year $571,043
-
17 · Accounts payable and accrued expenses
beginning of year $358,002 · end of year $302,592
-
19 · Deferred revenue
beginning of year $4,089,692 · end of year $4,063,454
-
24 · Unsecured notes and loans payable
beginning of year $720,976 · end of year $589,095
-
27 · Net assets without donor restrictions
beginning of year $9,279,499 · end of year $10,984,439
Mission and programs · 2023
Mission
National Council for State Authorization Reciprocity Agreements (NC-SARA) is committed to supporting the establishment of an effective and efficient state-level reciprocity process that will allow students across the country to enjoy increased access to higher education opportunities and will reflect the core aims of efficiently ensuring quality programs and consumer protection in a rapidly changing education landscape.
-
NC-SARA is working to achieve its mission by doing the following: A. Promoting and advancing efforts to ensure inter-regional alignment on core elements and requirements of State Authorization Reciprocity Agreements (SARA), while also maintaining a limited role within the overall governance of SARA;B. Representing the full spectrum of stakeholders in the higher education community, including all institutional sectors (including, but not limited to, large and small-scale distance education providers), regional and national accreditation agencies, and state officials including state regulators and state higher education executive officers.C. Building public awareness of and support for SARA through regular communications to the field;D. Serving as a forum for the higher education community at large to address concerns and questions as they arise.
Expenses $5,437,284
As filed on the 2023 return.
Listed in Part VII
-
Marianne Boeke PhD
President
- Total calculated
- $320,715
- From this org
- $256,619
- From related orgs
- $0
- Other
- $64,096
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $256,619
- Bonus
- not reported
- Other
- not reported
- Deferred
- $26,962
- Nontaxable benefits
- $37,134
- Filer's total
- $320,715
-
Jeannie Yockey-Fine
Senior Vice Pres & General Counsel
- Total calculated
- $244,858
- From this org
- $218,452
- From related orgs
- $0
- Other
- $26,406
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $218,452
- Bonus
- not reported
- Other
- not reported
- Deferred
- $20,818
- Nontaxable benefits
- $5,588
- Filer's total
- $244,858
-
Terri Taylor-Straut
Sr Dir Edu Prog
- Total calculated
- $190,598
- From this org
- $140,302
- From related orgs
- $0
- Other
- $50,296
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $140,302
- Bonus
- not reported
- Other
- not reported
- Deferred
- $14,641
- Nontaxable benefits
- $35,655
- Filer's total
- $190,598
-
Stacey Hogan
Dir of Comm
- Total calculated
- $170,115
- From this org
- $138,704
- From related orgs
- $0
- Other
- $31,411
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $138,704
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,838
- Nontaxable benefits
- $17,573
- Filer's total
- $170,115
-
Emily Jacobson
Dir of State
- Total calculated
- $169,144
- From this org
- $128,239
- From related orgs
- $0
- Other
- $40,905
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $128,239
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,095
- Nontaxable benefits
- $28,810
- Filer's total
- $169,144
-
Melanie Booth
Senior Dir of Education (fmr)
- Total calculated
- $168,435
- From this org
- $136,706
- From related orgs
- $0
- Other
- $31,729
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $136,706
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,036
- Nontaxable benefits
- $20,693
- Filer's total
- $168,435
-
Ashley Rasmussen
Senior Director of Finance
- Total calculated
- $161,971
- From this org
- $143,333
- From related orgs
- $0
- Other
- $18,638
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $143,333
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,325
- Nontaxable benefits
- $5,313
- Filer's total
- $161,971
-
Rachel Christeson
Dir of Research
- Total calculated
- $154,030
- From this org
- $137,942
- From related orgs
- $0
- Other
- $16,088
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $137,942
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,788
- Nontaxable benefits
- $3,300
- Filer's total
- $154,030
-
Raymond Audett
Dir for IT
- Total calculated
- $143,580
- From this org
- $116,006
- From related orgs
- $0
- Other
- $27,574
- Hours/week
- 37.5
-
Schuyler Perry
Sec of Board
- Total calculated
- $89,408
- From this org
- $64,583
- From related orgs
- $0
- Other
- $24,825
- Hours/week
- 37.5
-
Barbara Gellman-Danley
Member
- Total calculated
- $0
- Hours/week
- 2
-
Edward Ray
Member
- Total calculated
- $0
- Hours/week
- 2
-
Rob Anderson
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Eduardo M Ochoa
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Sam Loftin
Member
- Total calculated
- $0
- Hours/week
- 2
-
John Cavanaugh
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Art Coleman
Member
- Total calculated
- $0
- Hours/week
- 2
-
Lanna Dueck
Member
- Total calculated
- $0
- Hours/week
- 2
-
Laurie Dodge
Member
- Total calculated
- $0
- Hours/week
- 2
-
Carlos Morales
Member
- Total calculated
- $0
- Hours/week
- 2
-
Susan G Heegaard
Member
- Total calculated
- $0
- Hours/week
- 2
-
Jason Rojas
Member
- Total calculated
- $0
- Hours/week
- 2
-
Demaree Michelau
Member
- Total calculated
- $0
- Hours/week
- 2
-
Cam Maeyaert
Member
- Total calculated
- $0
- Hours/week
- 2
-
Stephen Pruitt
Member
- Total calculated
- $0
- Hours/week
- 2
-
Elise Scanlon
Member
- Total calculated
- $0
- Hours/week
- 2
-
Michael Thomas
Member
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Armstrong Tucker
Member
- Total calculated
- $0
- Hours/week
- 2
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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
AL Commission on Higher Edu
$7,500
Alloc to members - state support
-
Alloc to members - state support
-
CO Dept of Higher Edu
$7,500
Alloc to members - state support
-
CT Office of Higher Edu
$7,500
Alloc to members - state support
-
DE - Dept of Edu
$7,500
Alloc to members - state support
-
WV Higher Edu Policy Comm
$7,500
Alloc to members - state support
-
GA Nonpublic Postsec Edu Comm
$7,500
Alloc to members - state support
-
Higher Edu Aids Board
$7,500
Alloc to members - state support
-
IL Board of Higher Edu
$7,500
Alloc to members - state support
-
Iowa College Aid
$7,500
Alloc to members - state support
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.
-
Western Interstate Commission for HEduc
3 · Reg Distrb · CO
Directly controlled by NA
-
3 · Reg Distrb · MN
Directly controlled by NA
-
New England Board of Higher Ed
3 · Reg Distrb · MA
Directly controlled by NA
-
3 · Reg Distrb · GA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433239349301338
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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