Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
70 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
16 people listed on the 990; $1.4M paid to officers and key staff.
Stig Leschly’s $300K as President is at the 95th percentile of top reported officer pay among 3395 $1–10M 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 · 6 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Stig Leschly | $300,000 | $300,000 | — | — |
| Lisa Daggs | $261,029 | $260,000 | — | — |
| Carol Rava | $260,778 | $260,000 | $224,180 | $133,977 |
| Jennifer Dirmeyer | $253,596 | — | — | — |
| Chelsea Pennucci | $244,302 | — | — | — |
| Kathleen McCabe | $110,226 | — | — | — |
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
Advocates for policies and programs that improve access to and success in higher education.
Questions for Postsecondary Commission INC
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See schedule o
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.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.3M | $3.0M |
| Total assetsLn 16 | $2.3M | $3.0M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $2.3M | $3.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $593K | $472K | $61K | $61K |
| Other salaries and wagesLn 7 | $1.0M | $677K | $194K | $175K |
| Pension plan contributionsLn 8 | $39K | $24K | $8K | $7K |
| Other employee benefitsLn 9 | $54K | $32K | $11K | $11K |
| Payroll taxesLn 10 | $95K | $66K | $15K | $14K |
| Legal feesLn 11b | $34K | $34K | ||
| Accounting feesLn 11c | $44K | $44K | ||
| Other fees for servicesLn 11g | $355K | $352K | $3K | |
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $10K | $742 | $9K | |
| Information technologyLn 14 | $12K | $12K | ||
| TravelLn 17 | $77K | $18K | $58K | $797 |
| Other expenses (24a–d)Ln 24 | $16K | $25 | $16K | |
| Total functional expensesLn 25 | $2.4M | $1.7M | $436K | $268K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $3.1M | $2.4M | $685K | $3.0M | 990 PDF |
| FY2023 | $4.1M | $2.0M | $2.1M | $2.3M | 990 PDF |
| FY2022 | $1.0M | $489K | $521K | $231K | 990 PDF |
| FY2021 | $0 | $289K | −$289K | −$289K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $3,065,500 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $3,065,500 across 3 lines filed
Part IX · Statement of functional expenses $2,380,968 across 13 lines filed
Part X · Balance sheet $2,990,718 assets, 6 lines filed
Part XI · Reconciliation of net assets $2,990,718 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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