Civic Intelligence

Consortium for Graduate Study In

EIN 43-0962198 • 501(c)3 • Chesterfield, MO

Profile

The consortium for graduate study in management is a continually growing and evolving alliance of some of the world's leading graduate business schools and business organizations, supported by the strength of our extended network of students and alumni.(see schedule o) the mission, through the strength of our growing alliance and extended network, is to enhance diversity and inclusion in global business education and leadership by striving to reduce the significant underrepresentation of african americans, hispanic americans and native americans in both our member schools' enrollments and the ranks of global management. We believe this mission can be achieved by recruiting for graduate business education qualified u.s. Citizens and u.s. Permanent residents who demonstrate a commitment to the consortium's mission and who can best assist the consortium in pursuing this mission.

229 Chesterfield Business ParkwayChesterfield, MO 63005

www.cgsm.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.23x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

11th percentile

0.04x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

33rd percentile

-0.1%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

56th percentile

$401,074

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

24th percentile

-0.7%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

3.3%

Faster revenue growth than 39% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Assets

Down

$8,430,747

Down $1,085,664 (-11%) from 2023

Liabilities

Up

$2,239,097

Up $79,750 (+3.7%) from 2023

Net Assets

Down

$6,191,650

Down $1,165,414 (-16%) from 2023

Revenue

Down

$57,980,290

Down $1,186,579 (-2.0%) from 2023

Expenses

Down

$59,145,704

Down $102,191 (-0.2%) from 2023

Net Income

Down

-$1,165,414

Down $1,084,388 (-1338%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $3,986,618Liabilities 2011: $1,304,737Net Assets 2011: $2,681,8812011Assets 2012: $4,051,519Liabilities 2012: $1,348,727Net Assets 2012: $2,702,7922012Assets 2013: $4,832,910Liabilities 2013: $2,127,543Net Assets 2013: $2,705,3672013Assets 2014: $4,804,980Liabilities 2014: $2,084,558Net Assets 2014: $2,720,4222014Assets 2015: $4,994,751Liabilities 2015: $1,643,755Net Assets 2015: $3,350,9962015Assets 2016: $6,035,060Liabilities 2016: $2,128,589Net Assets 2016: $3,906,4712016Assets 2017: $6,230,569Liabilities 2017: $2,030,300Net Assets 2017: $4,200,2692017Assets 2018: $6,604,861Liabilities 2018: $1,883,439Net Assets 2018: $4,721,4222018Assets 2019: $7,005,247Liabilities 2019: $1,938,506Net Assets 2019: $5,066,7412019Assets 2020: $7,022,807Liabilities 2020: $1,749,144Net Assets 2020: $5,273,6632020Assets 2021: $8,379,089Liabilities 2021: $1,739,066Net Assets 2021: $6,640,0232021Assets 2022: $9,583,885Liabilities 2022: $2,206,307Net Assets 2022: $7,377,5782022Assets 2023: $9,516,411Liabilities 2023: $2,159,347Net Assets 2023: $7,357,0642023Assets 2024: $8,430,747Liabilities 2024: $2,239,097Net Assets 2024: $6,191,6502024

Highlighted filing

2024

Assets$8,430,747
Liabilities$2,239,097
Net Assets$6,191,650

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $23,640,148Expenses 2011: $23,202,743Net Income 2011: $437,4052011Expenses 2012: $24,461,2862012Expenses 2013: $28,121,5242013Revenue 2014: $29,768,688Expenses 2014: $29,794,051Net Income 2014: -$25,3632014Revenue 2015: $31,888,502Expenses 2015: $31,244,035Net Income 2015: $644,4672015Revenue 2016: $34,949,940Expenses 2016: $34,389,175Net Income 2016: $560,7652016Revenue 2017: $36,987,049Expenses 2017: $36,743,080Net Income 2017: $243,9692017Revenue 2018: $39,401,327Expenses 2018: $38,920,929Net Income 2018: $480,3982018Revenue 2019: $44,432,862Expenses 2019: $44,092,289Net Income 2019: $340,5732019Revenue 2020: $46,681,738Expenses 2020: $46,450,467Net Income 2020: $231,2712020Revenue 2021: $50,285,668Expenses 2021: $49,201,325Net Income 2021: $1,084,3432021Revenue 2022: $57,272,361Expenses 2022: $56,188,611Net Income 2022: $1,083,7502022Revenue 2023: $59,166,869Expenses 2023: $59,247,895Net Income 2023: -$81,0262023Revenue 2024: $57,980,290Expenses 2024: $59,145,704Net Income 2024: -$1,165,4142024

Highlighted filing

2024

Revenue$57,980,290
Expenses$59,145,704
Net Income-$1,165,414

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.43$2.24$6.19$58.0$59.1$1.17
2023Detailed filing. Detailed filing data is available for this year.$9.52$2.16$7.36$59.2$59.2$0.08
2022Detailed filing. Detailed filing data is available for this year.$9.58$2.21$7.38$57.3$56.2$1.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.38$1.74$6.64$50.3$49.2$1.08
2020Detailed filing. Detailed filing data is available for this year.$7.02$1.75$5.27$46.7$46.5$0.23
2019Detailed filing. Detailed filing data is available for this year.$7.01$1.94$5.07$44.4$44.1$0.34
2018Detailed filing. Detailed filing data is available for this year.$6.60$1.88$4.72$39.4$38.9$0.48
2017Detailed filing. Detailed filing data is available for this year.$6.23$2.03$4.20$37.0$36.7$0.24
2016Detailed filing. Detailed filing data is available for this year.$6.04$2.13$3.91$34.9$34.4$0.56
2015Detailed filing. Detailed filing data is available for this year.$4.99$1.64$3.35$31.9$31.2$0.64
2014Detailed filing. Detailed filing data is available for this year.$4.80$2.08$2.72$29.8$29.8$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$2.13$2.71$28.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$1.35$2.70$24.5
2011Summary only. Only limited summary data is available for this year.$3.99$1.30$2.68$23.6$23.2$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$57,980,290
Mission and Program Overview

Mission

The consortium for graduate study in management is a continually growing and evolving alliance of some of the world's leading graduate business schools and business organizations, supported by the strength of our extended network of students and alumni.(see schedule o) the mission, through the strength of our growing alliance and extended network, is to enhance diversity and inclusion in global business education and leadership by striving to reduce the significant underrepresentation of african americans, hispanic americans and native americans in both our member schools' enrollments and the ranks of global management. We believe this mission can be achieved by recruiting for graduate business education qualified u.s. Citizens and u.s. Permanent residents who demonstrate a commitment to the consortium's mission and who can best assist the consortium in pursuing this mission.

Enhance diversity and inclusion in global business education and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,551,180$5,052,012▲ $2,500,832
Cash and Non-Interest-Bearing Accounts$4,828,686$1,901,536▼ $2,927,150
Land, Buildings, and Equipment, Net$1,157,756$1,113,827▼ $43,929
Prepaid Expenses and Deferred Charges$131,005$194,372▲ $63,367
Accounts Receivable$794,175$169,000▼ $625,175
Savings and Temporary Cash Investments$53,609--
Total Assets$9,516,411$8,430,747▼ $1,085,664
Liabilities
Accounts Payable and Accrued Expenses$1,602,524$1,639,078▲ $36,554
Mortgage Notes Payable Secured by Investment Property$470,184$415,805▼ $54,379
Deferred Revenue$86,639$184,214▲ $97,575
Total Liabilities$2,159,347$2,239,097▲ $79,750
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,524,421$4,514,795▼ $1,009,626
Net Assets With Donor Restrictions$1,832,643$1,676,855▼ $155,788
Total Net Assets Fund Balance$7,357,064$6,191,650▼ $1,165,414
Total Liabilities and Net Assets / Fund Balance$9,516,411$8,430,747▼ $1,085,664

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$875,844$340,015$1,215,859
Equipment$14,087$751,739$765,826
Land$223,896-$223,896

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,832,643$100,000▲ $209,550-$2,109,193
2022$1,637,857$100,625▲ $166,161-$1,832,643
2021$1,846,814$101,775▼ $200,232-$1,637,857
2020$1,430,086$105,130▲ $359,598-$1,846,814
2019$1,351,794$68,041▲ $63,251-$1,430,086
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter J Aranda IiiExecutive Director & CEOFT$330,128$83,582$413,710
Janice Wells-whiteChief Operating OfficerFT$192,698$55,877$248,575
Kimberly AlexanderVP of DevelopmentFT$176,632$57,509$234,141
Glenn WilenVP of Finance & AdministrationFT$164,087$64,910$228,997
Revenue and Support

Revenue Composition

Contributions and Grants
$462,030
Program Service Revenue
$57,140,504
Investment Income
$330,457
Other Revenue
$47,299
All Other Contributions
$462,030
Change in Net Assets
$-1,165,414
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$55,372,734
Salaries, Compensation, and Employee Benefits$2,352,342
Other Expenses$1,420,628
Total Fundraising Expense$475,982
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$55,372,734--$55,372,734
Current Officers, Directors, Trustees, and Key Employees$523,585$401,161$234,389$1,159,135
Other Salaries and Wages$597,482$122,886$127,124$847,492
Travel$389,308$38,459$5,818$433,585
Fees for Services Other$372,110$37,467-$409,577
Office Expenses$119,065$59,927$34,758$213,750
Advertising$190,699$13,839$4,025$208,563
Other Employee Benefits$123,898$25,483$26,631$176,012
Payroll Taxes$62,851$28,853$19,557$111,261
Pension Plan Contributions$41,202$8,474$8,766$58,442
Depreciation Depletion$24,858$11,293$7,778$43,929
Occupancy$22,804$10,360$7,136$40,300
Fees for Services Accounting-$34,255-$34,255
Interest-$14,087-$14,087
Insurance-$10,770-$10,770
Information Technology-$7,562-$7,562
Other Expenses-$4,250-$4,250
Total Functional Expenses$57,840,596$829,126$475,982$59,145,704
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The orgnaization does not have a committee with authorization to act on behalf of the governing body.

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

The board of trustees is responsible for reviewing the draft 990. Any questions or concerns are addressed and incorporated into the 990 prior to its submission to the irs.

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

The consortium adheres to a written policy that prohibits actual or potential conflicts of interest. All trustees, officers, commitee members and staff are to complete a conflict of interest disclosure statement annually. If a staff member is uncertain whether or not a conflict of interest exisits, he or she may ask the executive director & ceo to make a determination. If a staff member disagrees with the determiantion, he or she may appeal the decision to the board, who will then resolve the question by majority vote. If a trustee or officer is uncertain whether or not a conflict of interest exits, he or she may ask to board to make a determination. The board shall resolve the question by majority vote. While there have not been any recorded personal conflicts, occasionally an individual school's interest may conflict with that of the overall organization. In those cases the trustees are reminded that they have a fiduciary responsibility to the consortium and not their home university.

Form 990, Part VI, Section B, Line 15

The process for determining compensation of the executive director & ceo and vice presidents includes a review and approval by the executive committee of the board , comparability data, consortium's performance, the economy and inflation. Ongoing salary adjustments are arrived at by establishing an overall increase pool based on multiple facors. The overall pool is appoved by the board of trustees and allocated based on the annual performance review process. The salary ranges for the vice presidents are reviewed and approved by the executive commitee (a subset of the board of trustees) and approved by the board of trustees, a process that includes benchmarking salaries at their own institutions, the salary ranges were designed to attract the caliber of talent the executive committee deemed necessary for the consortium to accomplish its strategic objectives. This process last took place in 2016.

Form 990, Part VI, Section C, Line 19

The organzations financial performance is included in the annual report, the organization's governing documents and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Consortium for Graduate Study in
EIN
43-0962198
Phone
6366815553
Address
229 CHESTERFIELD BUSINESS PARKWAY, CHESTERFIELD, MO 63005

Signing Officer

Name
Peter J Aranda Iii
Title
Executive Director & CEO
Phone
6366815553
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter J Aranda Iii
Formed
1971
Legal Domicile
Mo
Voting Board Members
28
Independent Board Members
27
Employees
20
Volunteers
48

Preparer

Firm
Cliftonlarsonallen Llp
Address
2001 16TH STREET SUITE 1700, DENVER, CO 80202
Preparer
Sarah Hintz
Phone
3037795710
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Income generated by the endowment fund is use for stipends to consortium students.

Raw XML AppendixShowing 400 of 748 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0PETER J ARANDA III
IRS990/Form990PartVIISectionAGrp/PersonNm1DOROTHY KITTNER
IRS990/Form990PartVIISectionAGrp/PersonNm2CYNTHIA SAUNDERS-CHEATHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHELLE AITALA
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIDA BATISTA
IRS990/Form990PartVIISectionAGrp/PersonNm5LINA BELL
IRS990/Form990PartVIISectionAGrp/PersonNm6KAVITH BINDRA
IRS990/Form990PartVIISectionAGrp/PersonNm7SUDIPTA DASMOHAPATRA
IRS990/Form990PartVIISectionAGrp/PersonNm8RASHID FARRELL
IRS990/Form990PartVIISectionAGrp/PersonNm9CRYSTAL FAZAL
IRS990/Form990PartVIISectionAGrp/PersonNm10JEAN GEKLER
IRS990/Form990PartVIISectionAGrp/PersonNm11JIM HOLMEN
IRS990/Form990PartVIISectionAGrp/PersonNm12NORMAN JONES
IRS990/Form990PartVIISectionAGrp/PersonNm13RUBY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm14ALEX LAWRENCE
IRS990/Form990PartVIISectionAGrp/PersonNm15REBEKAH LEWIN
IRS990/Form990PartVIISectionAGrp/PersonNm16RODRIGO MALTA
IRS990/Form990PartVIISectionAGrp/PersonNm17COLLEEN MCMULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm18AMY MITSON
IRS990/Form990PartVIISectionAGrp/PersonNm19NOEMI MORILLO-VASQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm20MARVELL NESMITH
IRS990/Form990PartVIISectionAGrp/PersonNm21MICHAEL ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm22BRIAN RUGGIERO
IRS990/Form990PartVIISectionAGrp/PersonNm23BLAIR SANFORD
IRS990/Form990PartVIISectionAGrp/PersonNm24COURTNEY SCHROEDER
IRS990/Form990PartVIISectionAGrp/PersonNm25WIL TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm26CHRISTIAN WEST
IRS990/Form990PartVIISectionAGrp/PersonNm27DAVID WOOTEN
IRS990/Form990PartVIISectionAGrp/PersonNm28JANICE WELLS-WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm29KIMBERLY ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm30GLENN WILEN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt29VP OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt30VP OF FINANCE & ADMINISTRATION
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IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
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IRS990/InsuranceGrp/ManagementAndGeneralAmt010770
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IRS990/InterestGrp/TotalAmt014087
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IRS990/MissionDesc0THE CONSORTIUM FOR GRADUATE STUDY IN MANAGEMENT IS A CONTINUALLY GROWING AND EVOLVING ALLIANCE OF SOME OF THE WORLD'S LEADING GRADUATE BUSINESS SCHOOL'S AND BUSINESS ORGANIZATIONS, SUPPORTED BY THE (CONTINUED ON SCHEDULE O)STRENGTH OF OUR EXTENDED NETWORK OF STUDENTS AND ALUMNI. THE MISSION, THROUGH THE STRENGTH OF OUR GROWING ALLIANCE AND EXTENDED NETWORK, IS TO ENHANCE DIVERSITY AND INCLUSION IN GLOBAL BUSINESS EDUCATION AND LEADERSHIP BY STRIVING TO REDUCE THE SIGNIFICANT UNDERREPRESENTATION OF AFRICAN AMERICANS, HISPANIC AMERICANS, AND NATIVE AMERICANS IN BOTH OUR MEMBER SCHOOLS' ENROLLMENTS AND THE RANKS OF GLOBAL MANAGEMENT. WE BELIEVE THIS MISSION CAN BE ACHIEVED BY RECRUITING FOR GRADUATE BUSINESS EDUCATION QUALIFIED U.S. CITIZENS AND U.S. PERMANENT RESIDENTS WHO DEMONSTRATE A COMMITMENT TO THE CONSORTIUM'S MISSION AND WHO CAN BEST ASSIST THE CONSORTIUM IN PURSUING THIS MISSION.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0415805
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IRS990/NetAssetsOrFundBalancesEOYAmt06191650
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IRS990/OtherExpensesGrp/Desc0BAD DEBT
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0847492
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