Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
990 • Fiscal year 2014 • EIN 04-2227075
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 30.1% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Assets
Up$936,054
Up $93,689 (+11%) from 2013
Net Assets
Up$838,270
Up $83,402 (+11%) from 2013
Liabilities
Up$97,784
Up $10,287 (+12%) from 2013
Revenue
Up$559,425
Up $13,712 (+2.5%) from 2013
Expenses
Up$539,583
Up $16,821 (+3.2%) from 2013
Net Income
Down$19,842
Down $3,109 (-14%) from 2013
To ensure that all segments of the population have access to more post- secondary education through the tuition exchange scholarship program.
To provide access to post-secondary education through a tuition exchange scholarship program.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $631,907 | $756,739 | ▲ $124,832 |
| Savings and Temporary Cash Investments | $169,133 | $131,385 | ▼ $37,748 |
| Cash and Non-Interest-Bearing Accounts | $8,285 | $22,477 | ▲ $14,192 |
| Land, Buildings, and Equipment, Net | $25,643 | $18,734 | ▼ $6,909 |
| Prepaid Expenses and Deferred Charges | $4,412 | $6,684 | ▲ $2,272 |
| Accounts Receivable | $2,985 | $35 | ▼ $2,950 |
| Total Assets | $842,365 | $936,054 | ▲ $93,689 |
| Liabilities | |||
| Grants Payable | $84,164 | $91,184 | ▲ $7,020 |
| Accounts Payable and Accrued Expenses | $3,333 | $6,600 | ▲ $3,267 |
| Total Liabilities | $87,497 | $97,784 | ▲ $10,287 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $754,868 | $838,270 | ▲ $83,402 |
| Total Net Assets Fund Balance | $754,868 | $838,270 | ▲ $83,402 |
| Total Liabilities and Net Assets / Fund Balance | $842,365 | $936,054 | ▲ $93,689 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $18,734 | $44,725 | $63,459 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Robert Shorb | Secretary/Executive Director/CEO | FT | $130,000 | $38,637 | $168,637 |
| Name | Title |
|---|---|
| Howard D Saperston | Chairman |
| Barbara Fritze | Director |
| Dr Anthony S Caprio | Director |
| Dr Sherrill Cleland | Director |
| Edwin J Butterfoss | Director |
| James M Mulanaphy | Director |
| John A Palmucci | Director |
| Lynn M Bynum | Director |
| Melissa J Stone | Director |
| Susan Jurow | Director |
| Dr Lucie Lapovsky | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $375,930 |
| Other Expenses | $124,133 |
| Grants and Similar Amounts Paid | $39,520 |
| Total Fundraising Expense | $1,755 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $97,810 | $69,141 | $1,686 | $168,637 |
| Other Salaries and Wages | $87,821 | $66,246 | - | $154,067 |
| Grants to Domestic Individuals | $39,520 | - | - | $39,520 |
| Conferences and Meetings | $6,465 | $32,744 | - | $39,209 |
| Travel | $10,707 | $16,060 | - | $26,767 |
| Pension Plan Contributions | $11,536 | $11,084 | - | $22,620 |
| Payroll Taxes | $11,114 | $9,653 | $69 | $20,836 |
| Depreciation Depletion | $7,523 | $3,224 | - | $10,747 |
| Other Employee Benefits | $5,601 | $4,169 | - | $9,770 |
| Advertising | $8,557 | - | - | $8,557 |
| Office Expenses | $4,498 | $2,443 | - | $6,941 |
| Fees for Services Accounting | - | $6,526 | - | $6,526 |
| Fees for Service Investment Mgmnt Fees | - | $6,332 | - | $6,332 |
| Information Technology | $5,386 | $599 | - | $5,985 |
| Insurance | $3,105 | $2,715 | - | $5,820 |
| Occupancy | $3,062 | $2,680 | - | $5,742 |
| Other Expenses | $753 | $754 | - | $1,507 |
| Total Functional Expenses | $303,458 | $234,370 | $1,755 | $539,583 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Form 990 is reviewed by the board of directors.”
“In the event that a board member has a conflict of interest, s/he is required to disclose such conflict and not participate in any related deliberations or decisions.”
“The executive director's pay scale is compared to similar positions in the DC area.”
“The Tuition Exchange makes its governing documents, conflict of interest policy, or financial statements available to the public upon request.”
“Form 990, Part XI, Line 2C: The financial statements are reviewed by the board.”
“The following was disclosed related to uncertain tax positions in the financial statements. The Tuition Exchange is exempt from income taxes under Section 501(c)(3) of the Internal Revenue code and is classified as an organization other than a private foundation under 509(a) of the Internal Revenue Code. The Exchange adopted the provisions in ASC 740-10.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3333 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6600 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2985 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 35 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To provide access to post-secondary education through a tuition exchange scholarship program. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 8557 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 8557 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | Tuition Exchange Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3019411827 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 3 Bethesda Metro Center No 700 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Bethesda |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 20814 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 8285 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 22477 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 1686 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 69141 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 97810 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 168637 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 32744 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 6465 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 39209 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 39520 |
| IRS990/CYInvestmentIncomeAmt | 0 | 18840 |
| IRS990/CYOtherExpensesAmt | 0 | 124133 |
| IRS990/CYOtherRevenueAmt | 0 | 4700 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 535885 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 19842 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 375930 |
| IRS990/CYTotalExpensesAmt | 0 | 539583 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 1755 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 559425 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3224 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 7523 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 10747 |
| IRS990/Desc | 0 | The promotion and administration of tuition exchange scholarships between membership institutions. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 263938 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6526 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6526 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 6332 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 6332 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 38637 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Edwin J Butterfoss |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Lynn M Bynum |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Dr Anthony S Caprio |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Dr Sherrill Cleland |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Barbara Fritze |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Susan Jurow |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Dr Lucie Lapovsky |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | James M Mulanaphy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | John A Palmucci |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Howard D Saperston |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Melissa J Stone |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Robert Shorb |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 130000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Secretary/Executive Director/CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1954 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 84164 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 91184 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 39520 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 39520 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 559425 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 599 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 5386 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 5985 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2715 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3105 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5820 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18840 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 18840 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 631907 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 756739 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 44725 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 25643 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 18734 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 63459 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To ensure that all segments of the population have access to more post-secondary education through expansion of the tuition exchange scholarship program. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 754868 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 838270 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 63560 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2680 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 3062 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5742 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2443 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 4498 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6941 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 4169 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 5601 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 9770 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dues and subscriptions |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 754 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 753 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1507 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Initation Fees |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Late Fees |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4550 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 150 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4550 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 150 |
| IRS990/OtherRevenueTotalAmt | 0 | 4700 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 66246 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 87821 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 154067 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 69 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9653 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11114 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 20836 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 11084 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 11536 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 22620 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4412 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6684 |
| IRS990/PrincipalOfficerNm | 0 | Robert Shorb |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Member Dues |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Program Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 309400 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 226485 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 309400 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 226485 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Tuition Exchange Grant Opportunity - A scholarship program for Tuition Exchange particpants from low-income families. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 39520 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 39520 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 37552 |
| IRS990/PYInvestmentIncomeAmt | 0 | 15633 |
| IRS990/PYOtherExpensesAmt | 0 | 127056 |
| IRS990/PYOtherRevenueAmt | 0 | 4375 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 525705 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 22951 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 358154 |
| IRS990/PYTotalExpensesAmt | 0 | 522762 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 545713 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 19842 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 540585 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 169133 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 131385 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 309400 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 307000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 246400 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 243490 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 239250 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1345540 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 18840 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 15633 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14147 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10158 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 11249 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 70027 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 231035 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 222705 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 216030 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 206782 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 200890 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1077442 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 18840 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 15633 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 14147 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10158 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 11249 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 70027 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.02810 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.02900 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 150 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 375 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 875 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 500 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 530 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 2430 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97100 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.96970 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2422982 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 540435 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 529705 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 462430 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 450272 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 440140 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2422982 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 559425 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 545713 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 477452 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 460930 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 451919 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2495439 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 18734 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 44725 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 63459 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The following was disclosed related to uncertain tax positions in the financial statements. The Tuition Exchange is exempt from income taxes under Section 501(c)(3) of the Internal Revenue code and is classified as an organization other than a private foundation under 509(a) of the Internal Revenue Code. The Exchange adopted the provisions in ASC 740-10. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 18734 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 32500 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Tuition Exchange Grant Opportunity |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 13 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | The Tuition Exchange double checks the final eligibility requirements (actual family contribution from FAFSA) with the students. Scholarship payments are sent to the financial aid offices at the college the student attends with instructions to apply towards the student's tuition and confirm the student's enrollment. A Tuition Exchange liaison officer at the student's home institution also confirms student enrollment at an eligible institution via the Tuition Exchange annual report. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 130000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 19500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 19137 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Robert Shorb |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | Secretary/Executive Director/CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 168637 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.