Postsecondary Electronic Standards Council FY2024 filing

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Established in 1997 at the National Center for Higher Education and located in Washington, D.C., The Postsecondary Electrionic Standards Council (PESC) is a 501(c)(3) non-profit,community-based, umbrella association of colleges and universities; colleges and university systems, professional and commercial organizations; data, software and service providers; non-profit organizations and higher education lifecycle.

501(c)(3) charity; gifts are tax-deductible.
49¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $12K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
49%
of spending
Concern: 49% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $39
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$248K
221% of total assets
Concern: liabilities are 221% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$264K
-16% vs prior year
Spent
$217K
To programs
49%
Net assets
−$136K
By yearFY2021–FY2025
Revenue
$264K
FY2024▼ -16%
Tap a bar for its year
Revenue by fiscal year
FY2021$286K
FY2022$393K
FY2023$313K
FY2024$264K
FY2025$289K
Expenses
$217K
FY2024▼ -41%
Tap a bar for its year
Expenses by fiscal year
FY2021$394K
FY2022$366K
FY2023$369K
FY2024$217K
FY2025$262K
Net assets
−$136K
FY2024▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2021−$154K
FY2022−$127K
FY2023−$183K
FY2024−$136K
FY2025−$109K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

49 cents of each dollar spent went to programs.

Program services 49% · $106K Management & general 51% · $109K Fundraising 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Acting Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Sessa’s $146K as President and CEO is at the 95th percentile of top reported officer pay among 1613 $100K–1M 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.

See Postsecondary Electronic Standards Council executive salaries →

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 higher education stakeholders to improve data sharing and student success.

Questions for Postsecondary Electronic Standards Council

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3 programs · $64K · in their own filed words · FY2023
01

Conference & Meetings

Meetings to disseeminate information and share ideas and development resources while hearing from industry experts on emerging techonologies and user-friendly processes that impact students and technology expectations. These meeting include the annual spring summit and annual fall summit.

$38Kprogram expense
02

Education & Outreach

Newsletter, website, article for publication, and presentations - all to further PESC's exempt purpose. See www.PESC.com

$27Kprogram expense
03

Standards Committee/Fourm

Group formed to study standard-related issues, develop data standards and supporting tools, including a data dictionary for education, as well as work on the U.S. Deparment of Education's national student loan data system (NSLDS) and NCES' common education data standards (CEDS).Task forces - Open, collaborative committees that study…

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$39

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$264K
Ln 12
Fees for servicesLn 2g$231K
Gifts and grantsLn 1h$32K
Money outPt IX
$217K
Ln 25
Programscol B$106K
Managementcol C$109K
Fundraisingcol D$2K
Owns and owesPt X
−$136K
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$112K
LiabilitiesLn 26$248K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$32K
Fees for servicesLn 2g$231K
Total revenueLn 12$264K
Assets in detailPt X, end of year
CashLn 1$74K
Cash and savings togetherLn 1–2$74K
Land, buildings, equipmentLn 10c$364
Total assetsLn 16$112K
LiabilitiesLn 26$248K
Net assetsLn 32−$136K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5K$74K
Land, buildings, equipmentLn 10c$606$364
Total assetsLn 16$40K$112K
LiabilitiesLn 26$222K$248K
Net assetsLn 32−$183K−$136K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$92K$30K$61K$923
Pension plan contributionsLn 8$29K$9K$19K$285
Other employee benefitsLn 9$17K$9K$8K$165
Payroll taxesLn 10$10K$5K$5K$96
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$38K$36K$2K
Office expensesLn 13$2K$2K
OccupancyLn 16$3K$3K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$4K$4K
Depreciation, depletion and amortizationLn 22$242$126$114$2
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$13K$8K$4K$41
All other expensesLn 24e$458$458
Total functional expensesLn 25$217K$106K$109K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 5, 2026 $289K$262K$27K−$109K 990 PDF
FY2024 ViewingFiled with the IRS Nov 8, 2024 $264K$217K$47K−$136K 990 PDF
FY2023Filed with the IRS Nov 3, 2023 $313K$369K−$55K−$183K 990 PDF
FY2022Filed with the IRS Jun 22, 2023 $393K$366K$27K−$127K 990 PDF
FY2021Filed with the IRS Nov 15, 2021 $286K$394K−$108K−$154K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $263,567 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $70,773$32,454
I-9 Program service revenuePrior year $242,573$231,113
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $313,346$263,567
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $290,069$146,908
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $78,639$69,620
I-18 Total expensesPrior year $368,708$216,528
I-19 Revenue less expensesPrior year −$55,362$47,039
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $263,567 across 4 lines filed
VIII-1f All other contributions, gifts and grants$32,454
VIII-1h Total contributions, gifts and grants$32,454
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $231,113$231,113
VIII-12 Total revenueRelated to mission $231,113 · Unrelated business $0 · Excluded from tax $0$263,567
Part IX · Statement of functional expenses $216,528 across 14 lines filed
IX-7 Other salaries and wagesPrograms $30,441 · Management $60,882 · Fundraising $923$92,246
IX-8 Pension plan contributionsPrograms $9,409 · Management $18,819 · Fundraising $285$28,513
IX-9 Other employee benefitsPrograms $8,591 · Management $7,765 · Fundraising $165$16,521
IX-10 Payroll taxesPrograms $5,007 · Management $4,525 · Fundraising $96$9,628
IX-11c Accounting feesManagement $5,018$5,018
IX-11g Other fees for servicesPrograms $36,000 · Management $2,264$38,264
IX-13 Office expensesPrograms $2,169$2,169
IX-16 OccupancyManagement $3,228$3,228
IX-17 TravelPrograms $1,575$1,575
IX-19 Conferences, conventions and meetingsPrograms $3,666$3,666
IX-22 Depreciation, depletion and amortizationPrograms $126 · Management $114 · Fundraising $2$242
IX-23 InsuranceManagement $2,450$2,450
IX-24 Other expenses (24a–d)Programs $8,150 · Management $4,359 · Fundraising $41$12,550
IX-24e All other expensesPrograms $458$458
IX-25 Total functional expensesPrograms $105,592 · Management $109,424 · Fundraising $1,512$216,528
Part X · Balance sheet $112,200 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $4,618$73,676
X-4 Accounts receivableStart of year $34,500$38,160
X-10c Land, buildings and equipment, netStart of year $606$364
X-16 Total assetsStart of year $39,724$112,200
X-17 Accounts payable and accrued expensesStart of year $39,041$45,133
X-19 Deferred revenueStart of year $150,573$122,854
X-25 Other liabilitiesStart of year $32,773$79,837
X-26 Total liabilitiesStart of year $222,387$247,824
X-27 Net assets without donor restrictionsStart of year −$182,663−$135,624
X-32 Total net assets or fund balancesStart of year −$182,663−$135,624
X-33 Total liabilities and net assetsStart of year $39,724$112,200
Part XI · Reconciliation of net assets −$135,624 net assets at year end
XI-1 Total revenue$263,567
XI-2 Total expenses$216,528
XI-3 Revenue less expenses$47,039
XI-4 Net assets at start of year−$182,663
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$135,624

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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