Civic Intelligence

Educational Testing Service Retiree

EIN 22-3372287 • 501(c)9 • Princeton, NJ

Profile

The funding of medical and life insurance benefits for eligible retirees of Educational Testing Service (ETS) pursuant to the terms of the Educational Testing Service Retiree Medical and Life Insurance Plan.

Rosedale Road MS 20-JPrinceton, NJ 08541

n/a

Siviq Scores

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

Liabilities / Assets

86th percentile

0.51x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

0.71x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2017

Net Margin

3rd percentile

-275%

Higher net margin than 3% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$684,151

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

501(c)9 • $5M-$10M nonprofits • Source year 2017

Asset Growth

12th percentile

-59%

Faster asset growth than 12% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

501(c)9 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$3,073,858

Down $4,463,654 (-59%) from 2016

Liabilities

Up

$1,561,332

Up $1,304,990 (+509%) from 2016

Net Assets

Down

$1,512,526

Down $5,768,644 (-79%) from 2016

Operations
Liabilities / Revenue96th percentileNet Margin3rd percentile

Revenue

Up

$2,204,143

Up $671,535 (+44%) from 2016

Expenses

Up

$8,275,202

Up $3,107,497 (+60%) from 2016

Net Income

Down

-$6,071,059

Down $2,435,962 (-67%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$30M$20M$10M$0Assets 2010: $25,081,702Liabilities 2010: $636,632Net Assets 2010: $24,445,0702010Assets 2011: $21,358,793Liabilities 2011: $1,534,651Net Assets 2011: $19,824,1422011Assets 2012: $18,046,983Liabilities 2012: $244,241Net Assets 2012: $17,802,7422012Assets 2013: $17,611,520Liabilities 2013: $144,614Net Assets 2013: $17,466,9062013Assets 2014: $14,599,828Liabilities 2014: $72,660Net Assets 2014: $14,527,1682014Assets 2015: $10,816,076Liabilities 2015: $241,132Net Assets 2015: $10,574,9442015Assets 2016: $7,537,512Liabilities 2016: $256,342Net Assets 2016: $7,281,1702016Assets 2017: $3,073,858Liabilities 2017: $1,561,332Net Assets 2017: $1,512,5262017

Highlighted filing

2017

Assets$3,073,858
Liabilities$1,561,332
Net Assets$1,512,526
Open 2017 Filing

Operations Trend

Revenue Growth86th percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $5,805,2842010Expenses 2011: $5,591,9772011Expenses 2012: $5,316,8082012Revenue 2013: $2,475,623Expenses 2013: $4,317,363Net Income 2013: -$1,841,7402013Revenue 2014: $1,652,864Expenses 2014: $4,730,440Net Income 2014: -$3,077,5762014Revenue 2015: $1,517,670Expenses 2015: $5,109,330Net Income 2015: -$3,591,6602015Revenue 2016: $1,532,608Expenses 2016: $5,167,705Net Income 2016: -$3,635,0972016Revenue 2017: $2,204,143Expenses 2017: $8,275,202Net Income 2017: -$6,071,0592017

Highlighted filing

2017

Revenue$2,204,143
Expenses$8,275,202
Net Income-$6,071,059
Open 2017 Filing

Filings

Most recent year

2017 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$3,073,858
Liabilities
$1,561,332
Net assets
$1,512,526
Revenue
$2,204,143
Expenses
$8,275,202
Net income
-$6,071,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$1.56$1.51$2.20$8.28$6.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.54$0.26$7.28$1.53$5.17$3.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.24$10.6$1.52$5.11$3.59
2014Detailed filing. Detailed filing data is available for this year.$14.6$0.07$14.5$1.65$4.73$3.08
2013Summary only. Only limited summary data is available for this year.$17.6$0.14$17.5$2.48$4.32$1.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.24$17.8$5.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$1.53$19.8$5.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$0.64$24.4$5.81
Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 4, 2015
Return Version
2014v5.0
Gross Receipts
$8,848,951
Mission and Program Overview

Mission

The plan provides medical, prescription drug and life insurance benefits to all eligible retired employees of Educational Testing Service (ETS) pursuant to the terms of the Educational Testing Service Retiree Medical and Life Insurance Plan.

To fund medical and life insurance benefits for eligible retirees of Educational Testing Svc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,572,670$14,536,822▼ $3,035,848
Savings and Temporary Cash Investments$38,850$42,335▲ $3,485
Accounts Receivable$0$20,671▲ $20,671
Total Assets$17,611,520$14,599,828▼ $3,011,692
Liabilities
Other Liabilities$137,476$54,734▼ $82,742
Accounts Payable and Accrued Expenses$7,138$17,926▲ $10,788
Total Liabilities$144,614$72,660▼ $71,954
Net Assets / Fund Balance
Unrestricted Net Assets$17,466,906$14,527,168▼ $2,939,738
Total Net Assets Fund Balance$17,466,906$14,527,168▼ $2,939,738
Total Liabilities and Net Assets / Fund Balance$17,611,520$14,599,828▼ $3,011,692
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleBaseOtherTotal
-EBAC Member-$634,118$634,118
Freddo Michael JEBAC Member-$429,964$429,964
Schroeder Glenn CAlternate EBAC Member-$393,841$393,841
Basehore JohnTrustee & Custodian$19,864-$19,864

Board Members and Trustees

NameTitle
Freddo Michael JAlternate EBAC Member
Basehore JohnEBAC Member
Elliott Thomas JEBAC Member
Schroeder Glenn CEBAC Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Aetna IncThird party administration151 Farmington Avenue, Hartford, CT 06156$228,015
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,168,261
Investment Income
$484,603
Other Revenue
$0
Change in Net Assets
$-3,077,576

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,652,864
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$137,838
Total Revenue per Audited Statements
$1,790,702
Total Revenue per Form 990
$1,652,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$352,826
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,377,614
Fees for Services Accounting---$32,170
Fees for Services Other---$19,864
Other Expenses---$229
Total Functional Expenses$0$0$0$4,730,440

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,730,440
Total Expenses per Audited Statements$4,730,440
Total Expenses per Form 990$4,730,440
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Institutional trustee & custodianInstitutional Trustee Fees - $19,864No$19,864
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payable to Plan Sponsor$54,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The members are the beneficiaries of the Educational Testing Service Retiree VEBA.”

Form 990, Part VI, Section B, line 11

“The Form 990 was reviewed in detail by members of the Educational Testing Service Employee Benefits Administration Committee ("EBAC") prior to filing.”

Form 990, Part VI, Section B, line 12

“Although the Educational Testing Service Retiree Medical and Life Insurance Benefit Plan (the ETS Retiree VEBA) has not specifically adopted these policies, the EBAC observes the applicable policies of the plan sponsor, Educational Testing Service.”

Form 990, Part VI, Section C, line 19

“Currently, the ETS Retiree VEBA does not make its governing documents or financial statements available to the general public.”

Form 990, Part VII, Section A:

“The EBAC is the "administrator", as defined in Section 3(16)(A) of ERISA, of the Educational Testing Service Retiree Medical and Life Insurance Benefit Plan, which is funded through this VEBA. The VEBA does not have officers per se, but per the Form 990 Glossary definition of "officer", the EBAC members in effect serve in such role.”

Filing and Contact Details

Filer

Filer Name
Educational Testing Service Retiree
EIN
22-3372287
Phone
6099219000
Address
Rosedale Road MS 20-J, Princeton, NJ 08541

Signing Officer

Name
Thomas J Elliott
Title
EBAC Member
Phone
6099219000
Signed
2015-11-04

Organization Details

Principal Officer
Thomas J Elliott
Formed
1994
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The oversight and selection process has not changed from the previous tax year.”

Financial Statement Notes

Part X, Line 2:

“The Retiree Trust is intended to meet the qualification requirements pursuant to Section 501(c)(9) of the Internal Revenue Code (the "Code"), and, accordingly, the net investment income of the Retiree Trust is exempt from income taxes. The Internal Revenue Service ("IRS") has determined in a letter dated October 10, 1995, that the Plan and Retiree Trust are designed in accordance with the applicable sections of the Code. However, as a result of the Plan's funding policy, the Retiree Trust may be subject to income taxes. No federal or state income taxes are required to be recorded for the years ended December 31, 2014 and 2013 for unrelated business taxable income. ETS believes that the Retiree Trust, as amended, continues to be a tax-exempt trust and operates in accordance with applicable provisions of the Code. ETS evaluated the Plan's tax positions and concluded that the Retiree Trust maintained its tax-exempt status and there are no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes is required in the financial statements as of December 31, 2014 and 2013. The Plan is subject to routine examinations by taxing jurisdictions; however, there are no examinations for any open tax periods in progress. ETS believes the Plan is not subject to income tax examination by the IRS for years prior to 2011.”

Raw XML Appendix399 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07138
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017926
IRS990/AccountsReceivableGrp/BOYAmt00
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To fund medical and life insurance benefits for eligible retirees of Educational Testing Svc.
IRS990/AuditCommitteeInd01
IRS990/BenefitsToMembersGrp/TotalAmt04377614
IRS990/BooksInCareOfDetail/PersonNm0Michael J Freddo Alternate EBAC M
IRS990/BooksInCareOfDetail/PhoneNum06099219000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0Rosedale Road MS 20-J
IRS990/BooksInCareOfDetail/USAddress/CityNm0Princeton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008541
IRS990/BusinessRlnWithFamMemInd00
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0228015
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0151 Farmington Avenue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Hartford
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd006156
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Aetna Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Third party administration
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt04377614
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0484603
IRS990/CYOtherExpensesAmt0352826
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01168261
IRS990/CYRevenuesLessExpensesAmt0-3077576
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04730440
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01652864
IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The funding of medical and life insurance benefits for eligible retirees of ETS pursuant to the terms of the ETS Retiree Medical and Life Insurance Plan.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt032170
IRS990/FeesForServicesOtherGrp/TotalAmt019864
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt149065
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt246338
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt346097
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt467338
IRS990/Form990PartVIISectionAGrp/PersonNm0Basehore John
IRS990/Form990PartVIISectionAGrp/PersonNm1Elliott Thomas J
IRS990/Form990PartVIISectionAGrp/PersonNm2Freddo Michael J
IRS990/Form990PartVIISectionAGrp/PersonNm3Schroeder Glenn C
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt019864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1347942
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2383626
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3347744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4566780
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee & Custodian
IRS990/Form990PartVIISectionAGrp/TitleTxt1EBAC Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2EBAC Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Alternate EBAC Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4EBAC Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt080357
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07276444
IRS990/GrossReceiptsAmt08848951
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0404246
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt017572670
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The funding of medical and life insurance benefits for eligible retirees of Educational Testing Service (ETS) pursuant to the terms of the Educational Testing Service Retiree Medical and Life Insurance Plan.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt080357
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IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1Bank Charges
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payable to Plan Sponsor
IRS990ScheduleD/RevenueNotReportedAmt0137838
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01652864
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Retiree Trust is intended to meet the qualification requirements pursuant to Section 501(c)(9) of the Internal Revenue Code (the "Code"), and, accordingly, the net investment income of the Retiree Trust is exempt from income taxes. The Internal Revenue Service ("IRS") has determined in a letter dated October 10, 1995, that the Plan and Retiree Trust are designed in accordance with the applicable sections of the Code. However, as a result of the Plan's funding policy, the Retiree Trust may be subject to income taxes. No federal or state income taxes are required to be recorded for the years ended December 31, 2014 and 2013 for unrelated business taxable income. ETS believes that the Retiree Trust, as amended, continues to be a tax-exempt trust and operates in accordance with applicable provisions of the Code. ETS evaluated the Plan's tax positions and concluded that the Retiree Trust maintained its tax-exempt status and there are no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes is required in the financial statements as of December 31, 2014 and 2013. The Plan is subject to routine examinations by taxing jurisdictions; however, there are no examinations for any open tax periods in progress. ETS believes the Plan is not subject to income tax examination by the IRS for years prior to 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0108450
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1125500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2113875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3221163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0197902
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1205775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2186091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3321914
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt031902
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt122995
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt230125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt345155
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt123343
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt215972
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt322183
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt041590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt152351
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt247778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt323703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Basehore John
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Elliott Thomas J
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Freddo Michael J
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Schroeder Glenn C
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EBAC Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EBAC Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Alternate EBAC Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3EBAC Member
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0397007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1429964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2393841
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3634118
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The officers participated in the related organization's supplemental non-qualified retirement plan under 457(f). The non-vested portion of each officer's deferred compensation is reported in Column C. The vested portion of each officer's deferred compensation is reported in Columns B.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 4b
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Wells Fargo Bank NA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Institutional trustee & custodian
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt019864
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Institutional Trustee Fees - $19,864
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members are the beneficiaries of the Educational Testing Service Retiree VEBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 was reviewed in detail by members of the Educational Testing Service Employee Benefits Administration Committee ("EBAC") prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Although the Educational Testing Service Retiree Medical and Life Insurance Benefit Plan (the ETS Retiree VEBA) has not specifically adopted these policies, the EBAC observes the applicable policies of the plan sponsor, Educational Testing Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Currently, the ETS Retiree VEBA does not make its governing documents or financial statements available to the general public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The EBAC is the "administrator", as defined in Section 3(16)(A) of ERISA, of the Educational Testing Service Retiree Medical and Life Insurance Benefit Plan, which is funded through this VEBA. The VEBA does not have officers per se, but per the Form 990 Glossary definition of "officer", the EBAC members in effect serve in such role.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The oversight and selection process has not changed from the previous tax year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VII, Section A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Educational Testing Service
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0210634479
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Educational Testing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0Rosedale Road MS 20-J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Princeton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd008541
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017611520
IRS990/TotalAssetsEOYAmt014599828
IRS990/TotalAssetsGrp/BOYAmt017611520
IRS990/TotalAssetsGrp/EOYAmt014599828
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04730440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0144614
IRS990/TotalLiabilitiesEOYAmt072660
IRS990/TotalLiabilitiesGrp/BOYAmt0144614
IRS990/TotalLiabilitiesGrp/EOYAmt072660
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017466906
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014527168
IRS990/TotalOtherCompensationAmt0208838
IRS990/TotalProgramServiceRevenueAmt01168261
IRS990/TotalReportableCompFromOrgAmt019864
IRS990/TotalRevenueGrp/ExclusionAmt0484603
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01168261
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01652864
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017611520
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014599828
IRS990/TotReportableCompRltdOrgAmt01646092
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt017466906
IRS990/UnrestrictedNetAssetsGrp/EOYAmt014527168
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Rosedale Road MS 20-J
IRS990/USAddress/CityNm0Princeton
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008541
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0n/a
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas J Elliott
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EBAC Member
ReturnHeader/BusinessOfficerGrp/PhoneNum06099219000
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Educational Testing Service Retiree
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Medical and Life Insurance Benefit Plan
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0223372287
ReturnHeader/Filer/PhoneNum06099219000
ReturnHeader/Filer/USAddress/AddressLine1Txt0Rosedale Road MS 20-J
ReturnHeader/Filer/USAddress/CityNm0Princeton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008541
ReturnHeader/ReturnTs02015-11-09T10:52:28-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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