Higher Education Data Sharing Consortium EIN 23-2654089

Higher Education Data Sharing Consortium

EIN  23-2654089 Public charity (501(c)(3)) Crawfordsville, IN
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Size
$100K–1M
What they do
Helps private colleges improve planning and management by sharing data and offering professional development.
Leadership
Charlie Blaich · Director
Money in and out
$751K revenue, $862K expenses
Bottom line
81% program efficiency

Helps private colleges improve planning and management by sharing data and offering professional development. For fiscal year 2025 it reported $751K in revenue, $862K in expenses, and $1.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$751K
Pt VIII · Ln 12
Total expenses
$862K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$111K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
14.0mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▲ +33% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$751K
FY2025▼ -2%
Expenses
$862K
FY2025▼ -8%
Total assets
$1.1M
FY2025▼ -11%
Total liabilities
$101K
FY2025▼ -19%
Total revenue
$751K
Pt VIII · Ln 12
Total expenses
$862K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$111K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $270K of program spending, described in the organization's own filed words · FY2024.
01

Survey and consulting

$239Kprogram expense
02

Workshop fees

$30Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHigher Education Data Sharing Consortium
EINHdr · item D23-2654089
Principal addressHdr · item CCrawfordsville, IN
WebsiteHdr · item Jwww.hedsconsortium.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B050)
Ruling yearIRS BMFOct 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
See Higher Education Data Sharing Consortium executive salaries →

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Statement of Revenue

Part VIII
Program service revenue$717K · 95%
Investment income$25K · 3%
Contributions & grants$8K · 1%
Program service revenue95%$717K
Investment income3%$25K
Contributions & grants1%$8K
Other revenue$898
Total revenueLn 12$751K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$701K
Management & general19%$160K
Total functional expensesLn 25$862K

Balance Sheet

Part X · end of year
CashLn 1$993K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$101K
Total net assetsLn 32$1.0M
Months of cash on handcomputed13.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $993K · Operating expenses (Pt IX) $862K · Less non-cash grants $8K · Cash operating expenses/yr $853K
14.0 months
Where the money goes
Program services
Program services $701K · Total expenses $862K
81%
Management & General
Management & general $160K · Total expenses $862K
19%
Fundraising
Fundraising $0 · Total expenses $862K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $327K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $751K
1%
Government reliance
Government grants — · Total revenue $751K
Earned-income share
Program service revenue $717K · Total revenue $751K
95%
Investment reliance
Investment income $25K · Total revenue $751K
+3%
Program self-sufficiency
Program service revenue $717K · Total expenses $862K
83%
Growth & trend
Revenue growth (YoY)
This year $751K · Prior year $769K
-2%
Revenue CAGR
FY2019 $626K · FY2024 $751K
+4%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $751K · Expenses $862K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.0M · Total assets $1.1M
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charlie Blaich · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $862K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $862K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0%
Revenue growth -2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$751K revenue · viewing · ⤓ 990 PDF
FY2024$769K revenue · ⤓ 990 PDF
FY2023$888K revenue · ⤓ 990 PDF
FY2022$938K revenue · ⤓ 990 PDF
FY2021$840K revenue · ⤓ 990 PDF
FY2020$626K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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