Higher Education Data Sharing Consortium EIN 23-2654089 Form 990 (PDF) Claim this org

Higher Education Data Sharing Consortium FY2023 filing

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Helps private colleges improve planning and management by sharing data and offering professional development. For fiscal year 2023 it reported $888K in revenue, $868K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Crawfordsville, IN
Website
www.hedsconsortium.org
Filings
6 on file (2020–2023)
Revenue
$888KFY2023
Expenses
$868K
Net assets
$1.3M
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-2654089 Public charity (501(c)(3)) Crawfordsville, IN
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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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
$888K revenue, $868K expenses
Bottom line
79% program efficiency
Where the money goes · FY2023
Total revenue
$888K
Pt VIII · Ln 12
Total expenses
$868K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21
Program efficiency
79%
of spending reaches programs
Operating runway
18.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$888K
FY2023▼ -5%
Expenses
$868K
FY2023▲ +14%
Total assets
$1.5M
FY2023▲ +1%
Total liabilities
$183K
FY2023▲ +2%
Total revenue
$888K
Pt VIII · Ln 12
Total expenses
$868K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $686K of program spending, described in the organization's own filed words · FY2022.
01

Membership dues

$385Kprogram expense
02

Survey and participation

$275Kprogram expense
03

Workshop fees

$27Kprogram 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 (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Teasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$493K · 55%
Program service revenue$383K · 43%
Investment income$12K · 1%
Contributions & grants55%$493K
Program service revenue43%$383K
Investment income1%$12K
Total revenueLn 12$888K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21
Program services79%$687K
Management & general21%$181K
Total functional expensesLn 25$868K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$183K
Total net assetsLn 32$1.3M
Months of cash on handcomputed18.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $868K
18.0 months
Where the money goes
Program services
Program services $687K · Total expenses $868K
79%
Management & General
Management & general $181K · Total expenses $868K
21%
Fundraising
Fundraising $0 · Total expenses $868K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $458K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $493K · Total revenue $888K
55%
Government reliance
Government grants — · Total revenue $888K
Earned-income share
Program service revenue $383K · Total revenue $888K
43%
Investment reliance
Investment income $12K · Total revenue $888K
+1%
Program self-sufficiency
Program service revenue $383K · Total expenses $868K
44%
Growth & trend
Revenue growth (YoY)
This year $888K · Prior year $938K
-5%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $888K · Expenses $868K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.3M · Total assets $1.5M
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
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 $868K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $868K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Fundraising cost ratio 0%
Revenue growth -5%
Legal fee ratio 0.09%
Accounting fee ratio 0.7%

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 · ⤓ 990 PDF
FY2024$769K revenue · ⤓ 990 PDF
FY2023$888K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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