Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1942.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
54 people listed on the 990; $11.3M paid to officers and key staff.
David Coleman’s $2.0M as CEO/Trustee is at the 90th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| David Coleman | $2,019,924 | $2,071,352 | $1,826,946 | $974,201 | $2,562,624 |
| Jeremy Singer | $1,372,586 | $1,359,800 | $1,770,946 | $808,053 | $1,008,578 |
| Stefanie Sanford | — | $634,985 | $572,684 | $461,233 | $1,008,128 |
| James Montoya | $1,008,022 | $604,702 | $557,642 | $453,500 | $546,156 |
| John McGrath | $580,378 | $565,172 | $522,519 | $407,744 | $940,762 |
| Jeff Olson | $726,464 | $691,996 | $593,056 | $422,130 | $493,265 |
| Trevor Packer | $657,853 | $642,655 | $600,236 | $473,642 | $576,451 |
| Peter Schwartz | $652,531 | $635,867 | $595,046 | $476,042 | $558,235 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Connects students to higher education and career opportunities through college readiness programs, standardized testing like the SAT, Advanced Placement courses, and financial aid planning resources.
Questions for College Board
Your first name shows with your question. College Board answers here, for everyone.
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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.
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.
College and Career Opportunities and Enrollment By connecting students to colleges and scholarships, and providing access to credit programs, planning tools, and fee waivers for all who need them, College Board is increasing opportunities and breaking down barriers to college and helping students identify career opportunities.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
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| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $195.7M | $321.0M |
| InvestmentsLn 11–13 | $1.60B | $1.76B |
| Land, buildings, equipmentLn 10c | $107.2M | $113.7M |
| Total assetsLn 16 | $2.18B | $2.44B |
| LiabilitiesLn 26 | $449.1M | $431.2M |
| Net assetsLn 32 | $1.74B | $2.01B |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $2.3M | $2.3M | ||
| Grants to domestic individualsLn 2 | $2.9M | $2.9M | ||
| Pay of current officers, directors and key staffLn 5 | $9.7M | $1.2M | $8.5M | |
| Other salaries and wagesLn 7 | $278.2M | $206.4M | $71.8M | |
| Pension plan contributionsLn 8 | $26.2M | $19.2M | $7.0M | |
| Other employee benefitsLn 9 | $24.3M | $17.9M | $6.4M | |
| Payroll taxesLn 10 | $22.1M | $16.0M | $6.1M | |
| Legal feesLn 11b | $1.4M | $755K | $681K | |
| Accounting feesLn 11c | $675K | $675K | ||
| Lobbying feesLn 11d | $1.6M | $1.6M | ||
| Investment management feesLn 11f | $14.8M | $14.8M | ||
| Other fees for servicesLn 11g | $41.8M | $41.8M | $0 | $0 |
| Advertising and promotionLn 12 | $5.0M | $5.0M | ||
| Office expensesLn 13 | $6.0M | $3.4M | $2.6M | |
| Information technologyLn 14 | $46.4M | $31.9M | $14.6M | |
| OccupancyLn 16 | $13.2M | $9.6M | $3.7M | |
| TravelLn 17 | $17.5M | $14.9M | $2.6M | |
| Conferences, conventions and meetingsLn 19 | $13.6M | $11.8M | $1.8M | |
| Depreciation, depletion and amortizationLn 22 | $31.4M | $28.4M | $3.1M | |
| InsuranceLn 23 | $2.5M | $2.5M | ||
| Other expenses (24a–d)Ln 24 | $401.1M | $400.4M | $680K | |
| All other expensesLn 24e | $306K | $283K | $23K | $0 |
| Total functional expensesLn 25 | $963.0M | $814.1M | $148.9M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.2B | $963.0M | $212.0M | $2.0B | 990 PDF |
| FY2023 | $1.0B | $973.7M | $45.4M | $1.7B | 990 PDF |
| FY2022 | $1.0B | $894.4M | $145.8M | $1.6B | 990 PDF |
| FY2021 | $983.2M | $870.8M | $112.4M | $1.7B | 990 PDF |
| FY2020 | $779.6M | $862.4M | −$82.8M | $1.4B | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,174,989,530 revenue, 12 lines filed
Part VI · Governance 29 of 31 board members independent, no flags
Part VIII · Statement of revenue $1,174,989,530 across 9 lines filed
Part IX · Statement of functional expenses $962,967,183 across 22 lines filed
Part X · Balance sheet $2,443,183,190 assets, 19 lines filed
Part XI · Reconciliation of net assets $2,012,026,087 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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