Civic Intelligence

Accreditation Commission for Education

EIN 13-3927791 • 501(c)3 • Atlanta, GA

Profile

Accreditation Commission for Education in Nursing, Inc. ("ACEN") supports the interests of nursing education, nursing practice and the public by the functions of accreditation. Accreditation is a voluntary, self-regulatory process by which non-governmental agencies recognize educational institutions or programs that have been found to meet or exceed standards and criteria for educational quality.

3390 Peachtree Road NE 1400Atlanta, GA 30326

www.acenursing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.39x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.95x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$503,549

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

17%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$20,663,527

Up $1,919,791 (+10%) from 2023

Liabilities

Up

$7,964,211

Up $1,211,600 (+18%) from 2023

Net Assets

Up

$12,699,316

Up $708,191 (+5.9%) from 2023

Revenue

Up

$8,425,853

Up $1,227,141 (+17%) from 2023

Expenses

Up

$8,149,199

Up $1,200,547 (+17%) from 2023

Net Income

Up

$276,654

Up $26,594 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $6,873,592Liabilities 2010: $3,151,224Net Assets 2010: $3,722,3682010Assets 2011: $8,038,786Liabilities 2011: $3,500,666Net Assets 2011: $4,538,1202011Assets 2012: $10,063,753Liabilities 2012: $4,980,537Net Assets 2012: $5,083,2162012Assets 2014: $9,232,425Liabilities 2014: $4,103,539Net Assets 2014: $5,128,8862014Assets 2015: $10,039,805Liabilities 2015: $4,442,802Net Assets 2015: $5,597,0032015Assets 2016: $10,859,187Liabilities 2016: $4,331,805Net Assets 2016: $6,527,3822016Assets 2017: $12,746,431Liabilities 2017: $4,747,640Net Assets 2017: $7,998,7912017Assets 2018: $12,937,821Liabilities 2018: $4,891,446Net Assets 2018: $8,046,3752018Assets 2019: $14,083,651Liabilities 2019: $4,795,005Net Assets 2019: $9,288,6462019Assets 2020: $15,920,885Liabilities 2020: $5,408,924Net Assets 2020: $10,511,9612020Assets 2021: $17,255,204Liabilities 2021: $5,413,875Net Assets 2021: $11,841,3292021Assets 2022: $18,909,427Liabilities 2022: $8,244,161Net Assets 2022: $10,665,2662022Assets 2023: $18,743,736Liabilities 2023: $6,752,611Net Assets 2023: $11,991,1252023Assets 2024: $20,663,527Liabilities 2024: $7,964,211Net Assets 2024: $12,699,3162024

Highlighted filing

2024

Assets$20,663,527
Liabilities$7,964,211
Net Assets$12,699,316

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,373,6352010Expenses 2011: $3,889,2732011Expenses 2012: $4,527,8892012Revenue 2014: $5,005,967Expenses 2014: $5,193,899Net Income 2014: -$187,9322014Revenue 2015: $5,365,236Expenses 2015: $4,709,692Net Income 2015: $655,5442015Revenue 2016: $5,504,160Expenses 2016: $4,434,445Net Income 2016: $1,069,7152016Revenue 2017: $5,940,529Expenses 2017: $4,739,871Net Income 2017: $1,200,6582017Revenue 2018: $5,844,192Expenses 2018: $5,498,330Net Income 2018: $345,8622018Revenue 2019: $6,627,680Expenses 2019: $5,902,576Net Income 2019: $725,1042019Revenue 2020: $6,073,447Expenses 2020: $5,398,163Net Income 2020: $675,2842020Revenue 2021: $6,907,699Expenses 2021: $5,002,412Net Income 2021: $1,905,2872021Revenue 2022: $5,962,813Expenses 2022: $5,644,173Net Income 2022: $318,6402022Revenue 2023: $7,198,712Expenses 2023: $6,948,652Net Income 2023: $250,0602023Revenue 2024: $8,425,853Expenses 2024: $8,149,199Net Income 2024: $276,6542024

Highlighted filing

2024

Revenue$8,425,853
Expenses$8,149,199
Net Income$276,654

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$7.96$12.7$8.43$8.15$0.28
2023Summary only. Only limited summary data is available for this year.$18.7$6.75$12.0$7.20$6.95$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$8.24$10.7$5.96$5.64$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$5.41$11.8$6.91$5.00$1.91
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$5.41$10.5$6.07$5.40$0.68
2019Summary only. Only limited summary data is available for this year.$14.1$4.80$9.29$6.63$5.90$0.73
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$4.89$8.05$5.84$5.50$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$4.75$8.00$5.94$4.74$1.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$4.33$6.53$5.50$4.43$1.07
2015Summary only. Only limited summary data is available for this year.$10.0$4.44$5.60$5.37$4.71$0.66
2014Detailed filing. Detailed filing data is available for this year.$9.23$4.10$5.13$5.01$5.19$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$4.98$5.08$4.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$3.50$4.54$3.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.87$3.15$3.72$3.37
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$8,279,748
Mission and Program Overview

Mission

The accreditation commission for education in nursing (acen) supports the interests of nursing education, nursing practice, and the public by the functions of accreditation. Accreditation is a peer review, self-regulatory process by which non-governmental associations recognize educational institutions or programs that have been found to meet or exceed standards and criteria for educational quality. Accreditation also assists in the further improvement of the institutions or programs as related to resources invested, processes followed, and results achieved. The monitoring of certificate, diploma, and degree offerings is tied closely to state examination and licensing rules and to the oversight of preparation for work in the profession.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,840,765$13,067,124▲ $226,359
Cash and Non-Interest-Bearing Accounts$1,478,039$2,489,081▲ $1,011,042
Savings and Temporary Cash Investments$2,063,458$766,334▼ $1,297,124
Land, Buildings, and Equipment, Net$628,667$663,248▲ $34,581
Prepaid Expenses and Deferred Charges$244,275$226,061▼ $18,214
Total Assets$17,255,204$18,909,427▲ $1,654,223
Other Assets Total$0$1,697,579▲ $1,697,579
Liabilities
Deferred Revenue$3,206,510$3,864,155▲ $657,645
Other Liabilities$871,411$2,511,498▲ $1,640,087
Accounts Payable and Accrued Expenses$1,335,954$1,868,508▲ $532,554
Total Liabilities$5,413,875$8,244,161▲ $2,830,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,841,329$10,665,266▼ $1,176,063
Total Net Assets Fund Balance$11,841,329$10,665,266▼ $1,176,063
Total Liabilities and Net Assets / Fund Balance$17,255,204$18,909,427▲ $1,654,223

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$469,771$111,893$581,664
Equipment$193,477$209,877$403,354
Other Assets Org$1,697,579--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Marsal P StollCEOFT$477,742$122,788$600,530
Alexander MariquitChief of OperationsFT$274,365$23,277$297,642
Linda D ArdDirectorFT$223,262$27,045$250,307
Keri Nunn-ellisonDirectorFT$144,970$42,194$187,164
Carrie HarrisChief of Financial OperationsFT$141,290$43,096$184,386
Suzette FarmerDirectorFT$140,430$33,111$173,541
Sharon BeasleyDirectorFT$152,421$7,691$160,112

Board Members and Trustees

NameTitle
Diane Evans-priorChair
Shari GholsonVice Chair
Amy HallCommissioner
Carolyn MccormiesCommissioner
Cheryl OslerCommissioner
Cheryl ShafferCommissioner
Claudia Estrada-hickmanCommissioner
Demica WilliamsCommissioner
Joy ColeCommissioner
Monica KidderCommissioner
Nancy Phoenix BittnerCommissioner
Robert SintichCommissioner
Lisa YoungCommissioner (thru 12/31/2022)
Sherri LindseyCommissioner (thru 12/31/2022)
Steve EckmanCommissioner (thru 12/31/2022)
Debbie RahnCommissioner (thru 9/2022)
Kathleen ZajicCommissioner (thru 9/2022)
Susan ZlotlowCommissioner (thru 9/2022)
Vivian YatesCommissioner (thru 9/2022)
Kristen BarbeeSecretary
Barry GoldsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,675,462
Investment Income
$287,351
Other Revenue
$0
Change in Net Assets
$318,640

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,794,248
Revenue Not Reported on Financial Statements
$168,565
Revenue Not Reported on Form 990
$-909,778
Other Revenue Adjustments
$64,600
Total Revenue per Audited Statements
$4,884,470
Total Revenue per Form 990
$5,962,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,537,947
Other Expenses$2,106,226
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,029,468$183,225-$2,212,693
Current Officers, Directors, Trustees, and Key Employees$180,159$604,757-$784,916
Conferences and Meetings$665,251--$665,251
Travel$456,116$5,721-$461,837
Other Employee Benefits$259,991$33,255-$293,246
Occupancy$166,342$53,621-$219,963
Office Expenses$129,960$41,894-$171,854
Payroll Taxes$127,885$41,225-$169,110
Fees for Service Investment Mgmnt Fees$103,965--$103,965
Depreciation Depletion$74,987$24,172-$99,159
Pension Plan Contributions$77,982--$77,982
Fees for Services Legal-$75,116-$75,116
Insurance$33,739$10,771-$44,510
All Other Expenses$12,799$22,305-$35,104
Fees for Services Accounting-$32,349-$32,349
Other Expenses$3,357$1,082-$4,439
Total Functional Expenses$4,372,760$1,271,413$0$5,644,173

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,060,533
Total Expenses per Form 990$5,644,173
Expenses per Audited Statements$5,475,608
Expenses Not Reported on Form 990$584,925
Expenses Not Reported on Financial Statements$168,565
Other Expense Adjustments$64,600
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesCandidacy Fee00-
East Asia and the PacificProgram ServicesCandidacy Fee00-
Middle East and North AfricaProgram ServicesCandidacy Fee00-
Central America and the CaribbeanProgram ServicesConsultation00-
East Asia and the PacificProgram ServicesConsultation00-
Middle East and North AfricaProgram ServicesConsultation00-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long-term Portion of of Right-of-use Liability - Operating Lease$2,271,275
Current Portion of Right-of-use Liability - Operating Lease$240,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the form 990 is reviewed by the ceo and chief of financial operations. A meeting is called for the finance committee of the board of commissioners. The auditors present the form 990 to the finance committee for review, discussion, and acceptance. Form 990 is made available to each board member. An allotted amount of time is given for review and feedback on the form 990 before acceptance is given by the board.

Form 990, Part VI, Section B, Line 12C

Acen has conflict of interest policies for all its full time personnel, all members of the board of commissioners and all program evaluators performing site visits. Monitoring and compliance of the policies are done annually for employees, at every board meeting for board members (usually 3 times a year) and before every site visit for program evaluators. Monitoring is done via verbal discussion, conference calls and documented with standard conflict of interest forms. Documentation of board meeting minutes are kept on file as well.

Form 990, Part VI, Section B, Line 15

The ceo compensation review process is done periodically or as required via a study of comparative compensation in the same industry/sector using consultants or independent publications and approved by the executive committee. Annual appraisals and self-appraisals are completed by the staff and respective supervisor. The ceo reviews the appraisal prior to determining a merit increase. Cost-of-living adjustment (cola) increases are determined by reviewing national estimates of inflation for future years, local cost of living index, and budget allocations available. The ceo reviews the salaries of the staff each september. Merit and cola increases are given as approved and are effective january 1 of each year.

Form 990, Part VI, Section C, Line 19

Acen's governing documents and conflict of interest policy are available on the organization's website free for download and paper publication entitled "acen accreditation manual" provided to accredited programs for free. Acen financials are available upon request or via guidestar.org website.

Filing and Contact Details

Filer

Filer Name
Accreditation Commission for Education
EIN
13-3927791
Phone
4049755000
Address
3390 PEACHTREE ROAD NE 1400, ATLANTA, GA 30326
Doing Business As
Acen

Signing Officer

Name
Dr Kathy Chappell
Title
CEO
Phone
4049755000
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Kathy Chappell
Formed
2001
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
30
Volunteers
450

Preparer

Firm
Rubinbrown Llp
Address
7676 FORSYTH BLVD SUITE 2100, SAINT LOUIS, MO 63105
Preparer
Kimberly a Ryan
Phone
3142903300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Professional fees 64,600.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Professional fees 64,600.

Raw XML AppendixShowing 400 of 828 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0THE ACCREDITATION COMMISSION FOR EDUCATION IN NURSING (ACEN) SUPPORTS THE INTERESTS OF NURSING EDUCATION, NURSING PRACTICE, AND THE PUBLIC BY THE FUNCTIONS OF ACCREDITATION. ACCREDITATION IS A PEER REVIEW, SELF-REGULATORY PROCESS BY WHICH NON-GOVERNMENTAL ASSOCIATIONS RECOGNIZE EDUCATIONAL INSTITUTIONS OR PROGRAMS THAT HAVE BEEN FOUND TO MEET OR EXCEED STANDARDS AND CRITERIA FOR EDUCATIONAL QUALITY. ACCREDITATION ALSO ASSISTS IN THE FURTHER IMPROVEMENT OF THE INSTITUTIONS OR PROGRAMS AS RELATED TO RESOURCES INVESTED, PROCESSES FOLLOWED, AND RESULTS ACHIEVED. THE MONITORING OF CERTIFICATE, DIPLOMA, AND DEGREE OFFERINGS IS TIED CLOSELY TO STATE EXAMINATION AND LICENSING RULES AND TO THE OVERSIGHT OF PREPARATION FOR WORK IN THE PROFESSION.
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IRS990/Form990PartVIISectionAGrp/PersonNm4CARRIE HARRIS
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IRS990/Form990PartVIISectionAGrp/PersonNm9KRISTEN BARBEE
IRS990/Form990PartVIISectionAGrp/PersonNm10BARRY GOLDSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm11NANCY PHOENIX BITTNER
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IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE ECKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14CLAUDIA ESTRADA-HICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15AMY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm16MONICA KIDDER
IRS990/Form990PartVIISectionAGrp/PersonNm17SHERRI LINDSEY
IRS990/Form990PartVIISectionAGrp/PersonNm18CAROLYN MCCORMIES
IRS990/Form990PartVIISectionAGrp/PersonNm19CHERYL OSLER
IRS990/Form990PartVIISectionAGrp/PersonNm20DEBBIE RAHN
IRS990/Form990PartVIISectionAGrp/PersonNm21CHERYL SHAFFER
IRS990/Form990PartVIISectionAGrp/PersonNm22ROBERT SINTICH
IRS990/Form990PartVIISectionAGrp/PersonNm23DEMICA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm24VIVIAN YATES
IRS990/Form990PartVIISectionAGrp/PersonNm25KATHLEEN ZAJIC
IRS990/Form990PartVIISectionAGrp/PersonNm26LISA YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm27SUSAN ZLOTLOW
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF OF FINANCIAL OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12COMMISSIONER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt15COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt16COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt17COMMISSIONER (THRU 12/31/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt18COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt19COMMISSIONER
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IRS990/Form990PartVIISectionAGrp/TitleTxt21COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt22COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt23COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt24COMMISSIONER (THRU 9/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt25COMMISSIONER (THRU 9/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt26COMMISSIONER (THRU 12/31/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt27COMMISSIONER (THRU 9/2022)
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IRS990/MissionDesc0THE ACCREDITATION COMMISSION FOR EDUCATION IN NURSING (ACEN) SUPPORTS THE INTERESTS OF NURSING EDUCATION, NURSING PRACTICE, AND THE PUBLIC BY THE FUNCTIONS OF ACCREDITATION. ACCREDITATION IS A PEER REVIEW, SELF-REGULATORY PROCESS BY WHICH NON-GOVERNMENTAL ASSOCIATIONS RECOGNIZE EDUCATIONAL INSTITUTIONS OR PROGRAMS THAT HAVE BEEN FOUND TO MEET OR EXCEED STANDARDS AND CRITERIA FOR EDUCATIONAL QUALITY. ACCREDITATION ALSO ASSISTS IN THE FURTHER IMPROVEMENT OF THE INSTITUTIONS OR PROGRAMS AS RELATED TO RESOURCES INVESTED, PROCESSES FOLLOWED, AND RESULTS ACHIEVED. THE MONITORING OF CERTIFICATE, DIPLOMA, AND DEGREE OFFERINGS IS TIED CLOSELY TO STATE EXAMINATION AND LICENSING RULES AND TO THE OVERSIGHT OF PREPARATION FOR WORK IN THE PROFESSION.
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IRS990/OtherExpensesGrp/Desc1TELEPHONE
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IRS990/ProgramServiceRevenueGrp/Desc0ACCREDITATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1SITE VISIT FEES
IRS990/ProgramServiceRevenueGrp/Desc2CANDIDACY AND APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3WORKSHOPS AND FORUMS

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