Civic Intelligence

The Commission on Massage Therapy Accreditation

990 • Fiscal year 2019 • EIN 20-0798736

Mar 01, 2018 to Feb 28, 2019 • Filed on Jan 14, 2020

2101 Wilson Blvd No 302Arlington, VA 22201

(202) 403-7744

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.44x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.68x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

81st percentile

37%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$374,001

Up $101,780 (+37%) from 2018

Net Assets

Up

$208,702

Up $31,640 (+18%) from 2018

Liabilities

Up

$165,299

Up $70,140 (+74%) from 2018

Revenue

Down

$243,162

Down $38,304 (-14%) from 2018

Expenses

Down

$211,522

Down $44,868 (-17%) from 2018

Net Income

Up

$31,640

Up $6,564 (+26%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $429,523Liabilities 2011: $278,825Net Assets 2011: $150,6982011Assets 2012: $308,672Liabilities 2012: $138,063Net Assets 2012: $170,6092012Assets 2013: $443,776Liabilities 2013: $222,577Net Assets 2013: $221,1992013Assets 2014: $229,719Liabilities 2014: $74,916Net Assets 2014: $154,8032014Assets 2015: $424,539Liabilities 2015: $203,988Net Assets 2015: $220,5512015Assets 2016: $419,486Liabilities 2016: $181,287Net Assets 2016: $238,1992016Assets 2017: $260,514Liabilities 2017: $108,528Net Assets 2017: $151,9862017Assets 2018: $272,221Liabilities 2018: $95,159Net Assets 2018: $177,0622018Assets 2019: $374,001Liabilities 2019: $165,299Net Assets 2019: $208,7022019Assets 2020: $319,873Liabilities 2020: $76,341Net Assets 2020: $243,5322020Assets 2021: $459,979Liabilities 2021: $89,706Net Assets 2021: $370,2732021Assets 2022: $552,461Liabilities 2022: $80,402Net Assets 2022: $472,0592022Assets 2023: $546,531Liabilities 2023: $69,503Net Assets 2023: $477,0282023Assets 2024: $595,071Liabilities 2024: $103,765Net Assets 2024: $491,3062024Assets 2025: $543,700Liabilities 2025: $75,638Net Assets 2025: $468,0622025

Highlighted filing

2019

Assets$374,001
Liabilities$165,299
Net Assets$208,702

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $453,7942011Expenses 2012: $421,1442012Expenses 2013: $431,1832013Revenue 2014: $397,670Expenses 2014: $464,066Net Income 2014: -$66,3962014Revenue 2015: $514,181Expenses 2015: $448,433Net Income 2015: $65,7482015Revenue 2016: $403,705Expenses 2016: $386,057Net Income 2016: $17,6482016Revenue 2017: $346,665Expenses 2017: $432,878Net Income 2017: -$86,2132017Revenue 2018: $281,466Expenses 2018: $256,390Net Income 2018: $25,0762018Revenue 2019: $243,162Expenses 2019: $211,522Net Income 2019: $31,6402019Revenue 2020: $249,225Expenses 2020: $214,395Net Income 2020: $34,8302020Revenue 2021: $280,916Expenses 2021: $154,175Net Income 2021: $126,7412021Revenue 2022: $283,778Expenses 2022: $181,992Net Income 2022: $101,7862022Revenue 2023: $211,006Expenses 2023: $206,037Net Income 2023: $4,9692023Revenue 2024: $261,512Expenses 2024: $247,234Net Income 2024: $14,2782024Revenue 2025: $261,134Expenses 2025: $284,378Net Income 2025: -$23,2442025

Highlighted filing

2019

Revenue$243,162
Expenses$211,522
Net Income$31,640
Jump To
Filing Snapshot
Filing Period
Mar 1, 2018 to Feb 28, 2019
Signed
Jan 14, 2020
Return Version
2018v3.1
Gross Receipts
$243,845
Mission and Program Overview

Mission

The commission on massage therapy accreditation, a non-profit independent body, seeks to improve the quality of education for students seeking education in the fields of massage therapy and bodywork through an accreditation process that reflects the current and emerging professional practice standards.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$143,655$252,767▲ $109,112
Savings and Temporary Cash Investments$100,024$100,049▲ $25
Prepaid Expenses and Deferred Charges$17,070$15,770▼ $1,300
Accounts Receivable$2,382$4,500▲ $2,118
Land, Buildings, and Equipment, Net$9,090$915▼ $8,175
Total Assets$272,221$374,001▲ $101,780
Liabilities
Deferred Revenue$71,853$125,661▲ $53,808
Accounts Payable and Accrued Expenses$23,306$39,638▲ $16,332
Total Liabilities$95,159$165,299▲ $70,140
Net Assets / Fund Balance
Unrestricted Net Assets$177,062$208,702▲ $31,640
Total Net Assets Fund Balance$177,062$208,702▲ $31,640
Total Liabilities and Net Assets / Fund Balance$272,221$374,001▲ $101,780

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$45,000$45,000
Equipment$915$1,829$2,744
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cliff KornChair
Dale HealeyVice-chair/treasurer
Dawn HogueExecutive Director
Beverley GiroundCommissioner
Bruce LevinCommissioner
Cari Johnson PelavaCommissioner
Denise Van HostranCommissioner
Jeff HarmonCommissioner
Luarana BainCommissioner
Toshiana BakerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$243,562
Investment Income
$-643
Other Revenue
$243
Change in Net Assets
$31,640

Audited Revenue Reconciliation

Revenue per Audited Statements
$243,845
Revenue Not Reported on Financial Statements
$-683
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-683
Total Revenue per Audited Statements
$243,845
Total Revenue per Form 990
$243,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,691
Salaries, Compensation, and Employee Benefits$88,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,740$10,684-$62,424
Travel$37,198$12,675-$49,873
Fees for Services Management$8,100$9,900-$18,000
Other Employee Benefits$15,315$1,702-$17,017
Fees for Services Accounting$6,033$7,374-$13,407
Insurance$6,687$2,865-$9,552
Depreciation Depletion$6,044$2,592-$8,636
Conferences and Meetings$4,221$1,561-$5,782
Pension Plan Contributions$4,243$471-$4,714
Payroll Taxes$4,208$468-$4,676
Fees for Services Other$2,070$2,530-$4,600
Office Expenses$2,247$1,631-$3,878
Occupancy$2,339$1,169-$3,508
Other Expenses-$3,197-$3,197
Fees for Services Legal$758$926-$1,684
Advertising$115$459-$574
Total Functional Expenses$151,318$60,204$0$211,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$212,205
Total Expenses per Audited Statements$212,205
Total Expenses per Form 990$211,522
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-683
Other Expense Adjustments$-683
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Starting in february 2017, the commission entered into a management agreement with the accrediting commission of career schools and colleges (accsc), a non-related 501(c)(3) organization, whereby the commission pays accsc a monthly management services fee and accsc provides program support and services to the commission. These services include the provision of accreditation activities and staffing and other operations functions. Compensation paid to accsc for management services during the year is reported on part ix, line 11a.

Form 990, Part VI, Section A, Line 6

The commission has one class of members.

Form 990, Part VI, Section A, Line 7A

The governing body is elected by the members of the commission. A slate of qualified nominees for the open positions is published for all eligible voting members to review. The slate includes personal statements from the nominees and details on how they fit the category for their nomination. Each voting member votes for one candidate in each open category. The majority vote within each category determines the elected candidate. If there is a future opening outside the regular cycle, the chair of the elected governing body appoints a new director to fill the vacancy.

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

The form 990 was prepared by the outside accountants and reviewed by the executive director. A draft of the form 990 was also reviewed by the executive committee. A final copy is sent to the board prior to filing.

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

Prior to each commission meeting, all commissioners are asked to update their conflict declarations. All staff members have signed forms on file, which are updated at each october meeting of the commission. Individuals with conflicts of interest are not permitted to vote on matters related to the conflict and may be asked to excuse themselves during the discussion.

Form 990, Part VI, Section C, Line 19

The commission makes the current version of the governing by-laws available on the website for public review. The financial statements and the conflict of interest and ethical conduct policies are made available upon request.

Filing and Contact Details

Filer

Filer Name
The Commission on Massage Therapy
EIN
20-0798736
Phone
2024037744
Address
2101 WILSON BLVD NO 302, ARLINGTON, VA 22201

Signing Officer

Name
Dawn Hogue
Title
Executive Director
Phone
2024037744
Signed
2020-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cliff Korn
Formed
2004
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

For the year ended february 28, 2019, the commission has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of fixed assets, reported as an -683. Expense in the audited financial statements and reflected on form 990, part viii, line 7c.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of fixed assets, reported as an -683. Expense in the audited financial statements and reflected on form 990, part viii, line 7c.

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

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015315
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017017
IRS990/OtherExpensesGrp/Desc0DUES & PUBLICATIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03197
IRS990/OtherExpensesGrp/TotalAmt03197
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0243
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0243
IRS990/OtherRevenueTotalAmt0243
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010684
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051740
IRS990/OtherSalariesAndWagesGrp/TotalAmt062424
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0468
IRS990/PayrollTaxesGrp/ProgramServicesAmt04208
IRS990/PayrollTaxesGrp/TotalAmt04676
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0471
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04243
IRS990/PensionPlanContributionsGrp/TotalAmt04714
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017070
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015770
IRS990/PrincipalOfficerNm0CLIFF KORN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ACCREDITATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0243562
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0243562
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046
IRS990/PYOtherExpensesAmt0152452
IRS990/PYOtherRevenueAmt0428
IRS990/PYProgramServiceRevenueAmt0280992
IRS990/PYRevenuesLessExpensesAmt025076
IRS990/PYSalariesCompEmpBnftPaidAmt0103938
IRS990/PYTotalExpensesAmt0256390
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0281466
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt031640
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0243562
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100024
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100049
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt045000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt040
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0463
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0444
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0414
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0243562
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0280992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0346202
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0402969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0467697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01741422
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0463
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0444
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0414
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01407
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0243
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0428
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0292
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01070
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02033
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68430
IRS990ScheduleA/PublicSupportPY509Pct00.71550
IRS990ScheduleA/PublicSupportTotal509Amt01224754
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt087534
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt057223
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0138724
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt083927
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0194260
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0561668
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt087534
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt057223
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0138724
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt083927
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0194260
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0561668
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0243562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0280992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0346202
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0402969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0512697
IRS990ScheduleA/Total509Grp/TotalAmt01786422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0243845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0281466
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0346665
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0403705
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0514181
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01789862
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0915
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01829
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02744
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-683
IRS990ScheduleD/ExpensesSubtotalAmt0212205
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-683
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-683
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-683
IRS990ScheduleD/RevenueSubtotalAmt0243845
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOR THE YEAR ENDED FEBRUARY 28, 2019, THE COMMISSION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF FIXED ASSETS, REPORTED AS AN -683. EXPENSE IN THE AUDITED FINANCIAL STATEMENTS AND REFLECTED ON FORM 990, PART VIII, LINE 7C.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSAL OF FIXED ASSETS, REPORTED AS AN -683. EXPENSE IN THE AUDITED FINANCIAL STATEMENTS AND REFLECTED ON FORM 990, PART VIII, LINE 7C.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0915
IRS990ScheduleD/TotalExpensesPerForm990Amt0211522
IRS990ScheduleD/TotalRevenuePerForm990Amt0243162
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0243845
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0212205
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STARTING IN FEBRUARY 2017, THE COMMISSION ENTERED INTO A MANAGEMENT AGREEMENT WITH THE ACCREDITING COMMISSION OF CAREER SCHOOLS AND COLLEGES (ACCSC), A NON-RELATED 501(C)(3) ORGANIZATION, WHEREBY THE COMMISSION PAYS ACCSC A MONTHLY MANAGEMENT SERVICES FEE AND ACCSC PROVIDES PROGRAM SUPPORT AND SERVICES TO THE COMMISSION. THESE SERVICES INCLUDE THE PROVISION OF ACCREDITATION ACTIVITIES AND STAFFING AND OTHER OPERATIONS FUNCTIONS. COMPENSATION PAID TO ACCSC FOR MANAGEMENT SERVICES DURING THE YEAR IS REPORTED ON PART IX, LINE 11A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMISSION HAS ONE CLASS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY IS ELECTED BY THE MEMBERS OF THE COMMISSION. A SLATE OF QUALIFIED NOMINEES FOR THE OPEN POSITIONS IS PUBLISHED FOR ALL ELIGIBLE VOTING MEMBERS TO REVIEW. THE SLATE INCLUDES PERSONAL STATEMENTS FROM THE NOMINEES AND DETAILS ON HOW THEY FIT THE CATEGORY FOR THEIR NOMINATION. EACH VOTING MEMBER VOTES FOR ONE CANDIDATE IN EACH OPEN CATEGORY. THE MAJORITY VOTE WITHIN EACH CATEGORY DETERMINES THE ELECTED CANDIDATE. IF THERE IS A FUTURE OPENING OUTSIDE THE REGULAR CYCLE, THE CHAIR OF THE ELECTED GOVERNING BODY APPOINTS A NEW DIRECTOR TO FILL THE VACANCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR. A DRAFT OF THE FORM 990 WAS ALSO REVIEWED BY THE EXECUTIVE COMMITTEE. A FINAL COPY IS SENT TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR TO EACH COMMISSION MEETING, ALL COMMISSIONERS ARE ASKED TO UPDATE THEIR CONFLICT DECLARATIONS. ALL STAFF MEMBERS HAVE SIGNED FORMS ON FILE, WHICH ARE UPDATED AT EACH OCTOBER MEETING OF THE COMMISSION. INDIVIDUALS WITH CONFLICTS OF INTEREST ARE NOT PERMITTED TO VOTE ON MATTERS RELATED TO THE CONFLICT AND MAY BE ASKED TO EXCUSE THEMSELVES DURING THE DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMMISSION MAKES THE CURRENT VERSION OF THE GOVERNING BY-LAWS AVAILABLE ON THE WEBSITE FOR PUBLIC REVIEW. THE FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST AND ETHICAL CONDUCT POLICIES ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0272221
IRS990/TotalAssetsEOYAmt0374001
IRS990/TotalAssetsGrp/BOYAmt0272221
IRS990/TotalAssetsGrp/EOYAmt0374001
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060204
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151318

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$0.76$4.68$2.61$2.84$0.23
2024Detailed filing. Detailed filing data is available for this year.$5.95$1.04$4.91$2.62$2.47$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.47$0.70$4.77$2.11$2.06$0.05
2022Detailed filing. Detailed filing data is available for this year.$5.52$0.80$4.72$2.84$1.82$1.02
2021Detailed filing. Detailed filing data is available for this year.$4.60$0.90$3.70$2.81$1.54$1.27
2020Detailed filing. Detailed filing data is available for this year.$3.20$0.76$2.44$2.49$2.14$0.35
2019Detailed filing. Detailed filing data is available for this year.$3.74$1.65$2.09$2.43$2.12$0.32
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.95$1.77$2.81$2.56$0.25
2017Detailed filing. Detailed filing data is available for this year.$2.61$1.09$1.52$3.47$4.33$0.86
2016Detailed filing. Detailed filing data is available for this year.$4.19$1.81$2.38$4.04$3.86$0.18
2015Detailed filing. Detailed filing data is available for this year.$4.25$2.04$2.21$5.14$4.48$0.66
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.75$1.55$3.98$4.64$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$2.23$2.21$4.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$1.38$1.71$4.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$2.79$1.51$4.54