Civic Intelligence

Business - Higher Education Forum

990 • Fiscal year 2015 • EIN 34-1986692

Oct 01, 2014 to Sep 30, 2015 • Filed on May 06, 2016

Organization ProfileWWW.BHEF.COM
2025 M Street NW No 800Washington, DC 20036

(202) 367-1189

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.59x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.38x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

95th percentile

$321,657

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

94th percentile

114%

Faster revenue growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$1,995,567

Up $222,980 (+13%) from 2013

Net Assets

Down

$818,157

Down $495,738 (-38%) from 2013

Liabilities

Up

$1,177,410

Up $718,718 (+157%) from 2013

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin69th percentile

Revenue

$3,073,468

No earlier filing loaded for comparison.

Expenses

Up

$2,736,489

Up $833,112 (+44%) from 2013

Net Income

$336,979

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,393,221Liabilities 2011: $664,552Net Assets 2011: $728,6692011Assets 2013: $1,772,587Liabilities 2013: $458,692Net Assets 2013: $1,313,8952013Assets 2015: $1,995,567Liabilities 2015: $1,177,410Net Assets 2015: $818,1572015Assets 2016: $1,762,340Liabilities 2016: $1,221,680Net Assets 2016: $540,6602016Assets 2017: $2,026,946Liabilities 2017: $1,150,438Net Assets 2017: $876,5082017Assets 2018: $2,625,136Liabilities 2018: $1,248,114Net Assets 2018: $1,377,0222018Assets 2019: $3,043,573Liabilities 2019: $1,356,912Net Assets 2019: $1,686,6612019Assets 2020: $2,337,150Liabilities 2020: $646,924Net Assets 2020: $1,690,2262020Assets 2021: $1,952,069Liabilities 2021: $718,938Net Assets 2021: $1,233,1312021Assets 2022: $2,129,134Liabilities 2022: $665,867Net Assets 2022: $1,463,2672022Assets 2024: $1,614,580Liabilities 2024: $1,361,685Net Assets 2024: $252,8952024

Highlighted filing

2015

Assets$1,995,567
Liabilities$1,177,410
Net Assets$818,157
Open 2015 Filing

Operations Trend

Revenue Growth94th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,629,1862011Expenses 2013: $1,903,3772013Revenue 2015: $3,073,468Expenses 2015: $2,736,489Net Income 2015: $336,9792015Revenue 2016: $2,618,947Expenses 2016: $2,834,187Net Income 2016: -$215,2402016Revenue 2017: $3,556,394Expenses 2017: $3,229,994Net Income 2017: $326,4002017Revenue 2018: $3,773,901Expenses 2018: $3,269,111Net Income 2018: $504,7902018Revenue 2019: $4,017,282Expenses 2019: $3,763,843Net Income 2019: $253,4392019Revenue 2020: $3,180,611Expenses 2020: $3,220,926Net Income 2020: -$40,3152020Revenue 2021: $1,983,140Expenses 2021: $2,472,146Net Income 2021: -$489,0062021Revenue 2022: $2,813,855Expenses 2022: $2,373,221Net Income 2022: $440,6342022Revenue 2024: $1,969,422Expenses 2024: $2,716,032Net Income 2024: -$746,6102024

Highlighted filing

2015

Revenue$3,073,468
Expenses$2,736,489
Net Income$336,979
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 6, 2016
Return Version
2014v6.0
Gross Receipts
$4,902,060
Mission and Program Overview

Mission

The business-higher education forum (bhef) is a membership organization of fortune 500 ceos, college and university presidents, and other leaders who form strategic partnerships to develop a highly-skilled future workforce. With its members, bhef creates undergraduate pathways to increase baccalaureate attainment; improve alignment between higher education and the workforce; and produce a diverse, highly-skilled talent pool to meet demand in emerging fields.

To advance innovative solutions to america's education challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,216,047$1,052,412▼ $163,635
Cash and Non-Interest-Bearing Accounts$175,743$833,734▲ $657,991
Pledges and Grants Receivable$176,309$102,661▼ $73,648
Prepaid Expenses and Deferred Charges$4,097$6,760▲ $2,663
Total Assets$1,572,196$1,995,567▲ $423,371
Liabilities
Deferred Revenue$801,519$1,082,051▲ $280,532
Accounts Payable and Accrued Expenses$224,419$95,359▼ $129,060
Total Liabilities$1,025,938$1,177,410▲ $151,472
Net Assets / Fund Balance
Temporarily Rstr Net Assets$59,919$455,019▲ $395,100
Unrestricted Net Assets$486,339$363,138▼ $123,201
Total Net Assets Fund Balance$546,258$818,157▲ $271,899
Total Liabilities and Net Assets / Fund Balance$1,572,196$1,995,567▲ $423,371
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian FitzgeraldExecutive DirectorFT$276,084$45,573$321,657

Board Members and Trustees

NameTitle
Roger Ferguson JrChair
Barbara R SnyderImmediate Past Chair
Peter a WeinbergVice Chair
David MaxwellBoard Member
Diana NatalicioBoard Member
Eduardo J PadronBoard Member
Edward B Rust JrBoard Member
James P ClementsBoard Member
Jeffrey D ArmstrongBoard Member
John B VeihmeyerBoard Member
Mark S WrightonBoard Member
Michael D KingBoard Member
Molly Corbett BroadBoard Member
Renu KhatorBoard Member
Ryan OakesBoard Member
Teresa SullivanBoard Member
Wes BushBoard Member
William E Kirwan IiBoard Member
William H SwansonBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Smithbucklin CorporationManagement Services2025 M ST NW SUITE 800, Washington, DC 20036$1,755,292
Revenue and Support

Revenue Composition

Contributions and Grants
$1,997,052
Program Service Revenue
$984,388
Investment Income
$91,562
Other Revenue
$466
All Other Contributions
$965,867
Change in Net Assets
$336,979

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,073,468
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$18,920
Total Revenue per Audited Statements
$3,092,388
Total Revenue per Form 990
$3,073,468
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,736,489
Total Fundraising Expense$21,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,176,706$407,282$17,664$1,601,652
Office Expenses$99,844$35,006$1,445$136,295
Fees for Services Other$113,126$4,312-$117,438
Conferences and Meetings$109,222--$109,222
Travel$64,991$1,693$179$66,863
Fees for Services Legal-$12,111-$12,111
Other Expenses$8,475$2,785$2$11,262
Fees for Service Investment Mgmnt Fees-$7,032-$7,032
Insurance-$4,916-$4,916
Information Technology$2,342--$2,342
All Other Expenses$80,890$-80,890--
Total Functional Expenses$2,206,538$508,941$21,010$2,736,489

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,820,489
Expenses per Audited Statements$2,736,489
Total Expenses per Form 990$2,736,489
Expenses Not Reported on Form 990$84,000
Expenses Not Reported on Financial Statements$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
Lobbying activity
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Smithbucklin performs all management duties.”

Form 990, Part VI, Section A, Line 6

“The forum has one class of membership with no restrictions on the number of members. Members will consist of ceos or other appropriate senior executives of major american business organizations, presidents and chancellors of recognize college and universities as well as ceos or other appropriate senior executives of several of the following organizations: business associations, and foundations and associations of presidents of higher education instructions.”

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

“All sixteen members of the executive committee are elected by the forum's membership.”

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

“Actions may be taken by member of the forum at a semiannual meeting, via teleconference or e-mail or by any other mechanism that the chair may designate. Such actions may be approved by a vote of the majority of members present or participating. The chair shall give members reasonable notice of such votes.”

Form 990, Part VI, Section B, Line 11

“A copy of the form 990 is presented to members of the executive committee for review prior to its being filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Business - Higher Education Forum
EIN
34-1986692
Phone
2023671189
Address
2025 M STREET NW NO 800, WASHINGTON, DC 20036
Doing Business As
Bhef

Signing Officer

Name
Brian K Fitzgerald
Title
Chief Executive Officer
Phone
2023671189
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian K Fitzgerald
Formed
2004
Legal Domicile
Dc
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVENUE SUITE 500, BETHESDA, MD 20814
Preparer
Daniel L Weaver
Phone
3019860600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process for oversight of the audit and selection of an independent accountant has not changed since the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The forum follows the accounting standard related to uncertain income tax positions. The standard requires that the realization of an uncertain income tax position must be more likely than not (i.e., greater than 50% likelihood of receiving a benefit) before it can be recognized in the financial statements. Furthermore, this standard prescribes the benefit to be recorded in the financial statements as the amount most likely to be realized assuming a review by tax authorities having all relevant information and applying current conventions. The forum did not identify any uncertain income tax positions. The forum's policy would be to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the years ended september 30, 2015 and 2014.”

Raw XML AppendixShowing 400 of 558 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/BOYAmt0224419
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt095359
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVANCE INNOVATIVE SOLUTIONS TO AMERICA'S EDUCATION CHALLENGES.
IRS990/AllOtherContributionsAmt0965867
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-80890
IRS990/AllOtherExpensesGrp/ProgramServicesAmt080890
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SMITHBUCKLIN CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum08005399740
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02025 M STREET NW SUITE 800
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0175743
IRS990/CashNonInterestBearingGrp/EOYAmt0833734
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0109222
IRS990/ConferencesMeetingsGrp/TotalAmt0109222
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01755292
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02025 M ST NW SUITE 800
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WASHINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020036
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SMITHBUCKLIN CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01997052
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt091562
IRS990/CYOtherExpensesAmt02736489
IRS990/CYOtherRevenueAmt0466
IRS990/CYProgramServiceRevenueAmt0984388
IRS990/CYRevenuesLessExpensesAmt0336979
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02736489
IRS990/CYTotalFundraisingExpenseAmt021010
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03073468
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0801519
IRS990/DeferredRevenueGrp/EOYAmt01082051
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0HIGHER EDUCATION WORKFORCE INITIATIVE (HEWI)- TO EXPAND OPPORTUNITIES FOR DIVERSE AND UNDER-REPRESENTED POPULATIONS IN THE AREAS OF STEM, DATA SCIENCE, AND CYBERSECURITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0BHEF
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01699877
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012111
IRS990/FeesForServicesLegalGrp/TotalAmt012111
IRS990/FeesForServicesManagementGrp/FundraisingAmt017664
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0407282
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt01176706
IRS990/FeesForServicesManagementGrp/TotalAmt01601652
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04312
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0113126
IRS990/FeesForServicesOtherGrp/TotalAmt0117438
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt07032
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt07032
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1923073
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM E KIRWAN II
IRS990/Form990PartVIISectionAGrp/PersonNm1WES BUSH
IRS990/Form990PartVIISectionAGrp/PersonNm2MOLLY CORBETT BROAD
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES P CLEMENTS
IRS990/Form990PartVIISectionAGrp/PersonNm4ROGER FERGUSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm5DIANA NATALICIO
IRS990/Form990PartVIISectionAGrp/PersonNm6RENU KHATOR
IRS990/Form990PartVIISectionAGrp/PersonNm7BARBARA R SNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm9EDWARD B RUST JR
IRS990/Form990PartVIISectionAGrp/PersonNm10RYAN OAKES
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM H SWANSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK S WRIGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFFREY D ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm14EDUARDO J PADRON
IRS990/Form990PartVIISectionAGrp/PersonNm15PETER A WEINBERG
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN B VEIHMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm17TERESA SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MICHAEL D KING
IRS990/Form990PartVIISectionAGrp/PersonNm19BRIAN FITZGERALD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19298584
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt063017
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01031185
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01891609
IRS990/GrossReceiptsAmt04902060
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02342
IRS990/InformationTechnologyGrp/TotalAmt02342
IRS990/InsuranceGrp/ManagementAndGeneralAmt04916
IRS990/InsuranceGrp/TotalAmt04916
IRS990/InvestmentIncomeGrp/ExclusionAmt028545
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028545
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01216047
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01052412
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01828592
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BUSINESS-HIGHER EDUCATION FORUM (BHEF) IS A MEMBERSHIP ORGANIZATION OF FORTUNE 500 CEOS, COLLEGE AND UNIVERSITY PRESIDENTS, AND OTHER LEADERS WHO FORM STRATEGIC PARTNERSHIPS TO DEVELOP A HIGHLY-SKILLED FUTURE WORKFORCE. WITH ITS MEMBERS, BHEF CREATES UNDERGRADUATE PATHWAYS TO INCREASE BACCALAUREATE ATTAINMENT; IMPROVE ALIGNMENT BETWEEN HIGHER EDUCATION AND THE WORKFORCE; AND PRODUCE A DIVERSE, HIGHLY-SKILLED TALENT POOL TO MEET DEMAND IN EMERGING FIELDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0546258
IRS990/NetAssetsOrFundBalancesEOYAmt0818157
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt063017
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt063017
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-65080
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01445
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035006
IRS990/OfficeExpensesGrp/ProgramServicesAmt099844
IRS990/OfficeExpensesGrp/TotalAmt0136295
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc1INFRASTRUCTURE FEES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3PRINTING & PUBLICATION
IRS990/OtherExpensesGrp/FundraisingAmt01720
IRS990/OtherExpensesGrp/FundraisingAmt12
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0104511
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110183
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22785
IRS990/OtherExpensesGrp/ProgramServicesAmt0469560
IRS990/OtherExpensesGrp/ProgramServicesAmt174063
IRS990/OtherExpensesGrp/ProgramServicesAmt27319
IRS990/OtherExpensesGrp/ProgramServicesAmt38475
IRS990/OtherExpensesGrp/TotalAmt0469560
IRS990/OtherExpensesGrp/TotalAmt1180294
IRS990/OtherExpensesGrp/TotalAmt217502
IRS990/OtherExpensesGrp/TotalAmt311262
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0466
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0466
IRS990/OtherRevenueTotalAmt0466
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0176309
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0102661
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04097
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06760
IRS990/PrincipalOfficerNm0BRIAN K FITZGERALD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0984388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0984388
IRS990/ProgSrvcAccomActy2Grp/Desc0CONFERENCES- BHEF SCHEDULES SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN ITS CORPORATE, ACADEMIC, AND FOUNDATION MEMBERS ON ISSUES RELATED TO THE U.S. EDUCATION SYSTEM. POLICY-MAKERS FROM STATE AND FEDERAL GOVERNMENTS ARE OFTEN INVITED TO PARTICIPATE IN THESE DISCUSSIONS. ACADEMIC LEADERS IN CUTTING-EDGE EDUCATIONAL ENDEAVORS AND EDUCATION FOUNDATION EXECUTIVES ALSO PARTICIPATE AT THESE MEETINGS MANY GIVE PRESENTATIONS ON SUCCESSFUL LOCAL EDUCATIONAL EFFORTS THAT MAY BE APPLICABLE ON A BROADER REGIONAL OR NATIONAL SCALE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0252866
IRS990/ProgSrvcAccomActy3Grp/Desc0MEMBERSHIP -BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVLOVES RECRUITMENT, RETENTION, AND COMMUNICATION. THIS IS ACHIEVED THROUGH PHONE MEETINGS, CORRESPONDANCE,
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0127627
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNICATIONS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1GOVERNMENTAL RELATIONS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0119412
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt16756
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0547829
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt034332
IRS990/PYOtherExpensesAmt02244303
IRS990/PYOtherRevenueAmt029
IRS990/PYProgramServiceRevenueAmt0855000
IRS990/PYRevenuesLessExpensesAmt0-807113
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02244303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01437190
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0336979
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02981440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01402829
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01953053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02021535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01229639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09588496
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028545
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt034397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt034228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030435
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0164206
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt025000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79020
IRS990ScheduleA/PublicSupportPY170Pct00.80660
IRS990ScheduleA/PublicSupportTotal170Amt07706842
IRS990ScheduleA/SubstantialContributorsTotAmt01881654
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02981440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01402829
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01953053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02021535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01229639
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09588496
IRS990ScheduleA/TotalSupportAmt09752702
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,995,567
Liabilities
$1,177,410
Net assets
$818,157
Revenue
$3,073,468
Expenses
$2,736,489
Net income
$336,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$1.61$1.36$0.25$1.97$2.72$0.75
2022Summary only. Only limited summary data is available for this year.$2.13$0.67$1.46$2.81$2.37$0.44
2021Summary only. Only limited summary data is available for this year.$1.95$0.72$1.23$1.98$2.47$0.49
2020Summary only. Only limited summary data is available for this year.$2.34$0.65$1.69$3.18$3.22$0.04
2019Summary only. Only limited summary data is available for this year.$3.04$1.36$1.69$4.02$3.76$0.25
2018Summary only. Only limited summary data is available for this year.$2.63$1.25$1.38$3.77$3.27$0.50
2017Summary only. Only limited summary data is available for this year.$2.03$1.15$0.88$3.56$3.23$0.33
2016Summary only. Only limited summary data is available for this year.$1.76$1.22$0.54$2.62$2.83$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.00$1.18$0.82$3.07$2.74$0.34
2013Summary only. Only limited summary data is available for this year.$1.77$0.46$1.31$1.90
2011Summary only. Only limited summary data is available for this year.$1.39$0.66$0.73$1.63