Civic Intelligence

Association for Advancing Quality in Educator Preparation

EIN 82-2069694 • 501(c)3 • Lake Frederick, VA

Profile

Promote and recognize high-quality educator preparation programs

173 Milkweed DriveLake Frederick, VA 22630

www.aaqep.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.80x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.60x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

39th percentile

0.1%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

78th percentile

$132,280

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

49th percentile

3.3%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

-0.1%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$1,107,210

Up $35,198 (+3.3%) from 2024

Liabilities

Up

$885,932

Up $33,349 (+3.9%) from 2024

Net Assets

Up

$221,278

Up $1,849 (+0.8%) from 2024

Operations
Liabilities / Revenue83rd percentileNet Margin39th percentile

Revenue

Down

$1,471,421

Down $1,058 (-0.1%) from 2024

Expenses

Up

$1,469,572

Up $49,625 (+3.5%) from 2024

Net Income

Down

$1,849

Down $50,683 (-96%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2019: $179,470Liabilities 2019: $220,413Net Assets 2019: -$40,9432019Assets 2020: $341,221Liabilities 2020: $315,250Net Assets 2020: $25,9712020Assets 2021: $719,484Liabilities 2021: $635,972Net Assets 2021: $83,5122021Assets 2022: $904,412Liabilities 2022: $797,703Net Assets 2022: $106,7092022Assets 2023: $1,004,458Liabilities 2023: $837,561Net Assets 2023: $166,8972023Assets 2024: $1,072,012Liabilities 2024: $852,583Net Assets 2024: $219,4292024Assets 2025: $1,107,210Liabilities 2025: $885,932Net Assets 2025: $221,2782025

Highlighted filing

2025

Assets$1,107,210
Liabilities$885,932
Net Assets$221,278
Open 2025 Filing

Operations Trend

Revenue Growth36th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $439,860Expenses 2019: $502,034Net Income 2019: -$62,1742019Revenue 2020: $653,553Expenses 2020: $586,639Net Income 2020: $66,9142020Revenue 2021: $817,233Expenses 2021: $759,692Net Income 2021: $57,5412021Revenue 2022: $1,030,998Expenses 2022: $1,007,801Net Income 2022: $23,1972022Revenue 2023: $1,267,045Expenses 2023: $1,206,590Net Income 2023: $60,4552023Revenue 2024: $1,472,479Expenses 2024: $1,419,947Net Income 2024: $52,5322024Revenue 2025: $1,471,421Expenses 2025: $1,469,572Net Income 2025: $1,8492025

Highlighted filing

2025

Revenue$1,471,421
Expenses$1,469,572
Net Income$1,849
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,107,210
Liabilities
$885,932
Net assets
$221,278
Revenue
$1,471,421
Expenses
$1,469,572
Net income
$1,849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.89$0.22$1.47$1.47$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.85$0.22$1.47$1.42$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.84$0.17$1.27$1.21$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.80$0.11$1.03$1.01$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.64$0.08$0.82$0.76$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.32$0.03$0.65$0.59$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.22$0.04$0.44$0.50$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 4, 2025
Return Version
2024v5.2
Gross Receipts
$1,471,421
Mission and Program Overview

Mission

Promote and recognize high-quality educator preparation programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$739,273$770,952▲ $31,679
Savings and Temporary Cash Investments$258,394$269,867▲ $11,473
Prepaid Expenses and Deferred Charges$39,727$55,957▲ $16,230
Land, Buildings, and Equipment, Net$8,956$7,093▼ $1,863
Accounts Receivable$25,662$3,341▼ $22,321
Total Assets$1,072,012$1,107,210▲ $35,198
Liabilities
Deferred Revenue$718,688$774,230▲ $55,542
Accounts Payable and Accrued Expenses$133,895$111,702▼ $22,193
Other Liabilities$0$0→ $0
Total Liabilities$852,583$885,932▲ $33,349
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$219,429$221,278▲ $1,849
Total Net Assets Fund Balance$219,429$221,278▲ $1,849
Total Liabilities and Net Assets / Fund Balance$1,072,012$1,107,210▲ $35,198

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,093$17,423$24,516
Land$0--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mark LaCelle-PetersonPresidentFT$132,280$132,280

Board Members and Trustees

NameTitle
Virginia GoatleyChair
Anthony RiveraVice Chair
Aaron PophamDirector
Alan SebelDirector
Carrie GriffithDirector
Catherine SnyderDirector
Chris KalmusDirector
George Ann RiceDirector
Gina AndersonDirector
Gina PepinDirector
Jacob Easley IIDirector
John WatzkeDirector
Joseph LubigDirector
Katherine Chen TilleyDirector
Olga DeJesus-DiazDirector
Rebecca PeltonDirector
Reyes QuezadaDirector
Sandra DoranDirector
Sarah-Kate LaVanDirector
Scott MyersDirector
Sharmila MannSecretary
Amy HolcombeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$925,900
Program Service Revenue
$527,214
Investment Income
$18,307
Other Revenue
$0
Change in Net Assets
$1,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,471,421
Revenue Not Reported on Form 990
$342,600
Total Revenue per Audited Statements
$1,814,021
Total Revenue per Form 990
$1,471,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,012,174
Other Expenses$457,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$512,094$181,006$0$693,100
Travel$215,639$14,098$0$229,737
Current Officers, Directors, Trustees, and Key Employees$132,280$0$0$132,280
Information Technology$61,542$23,420$0$84,962
Other Employee Benefits$58,047$21,618$0$79,665
Payroll Taxes$50,686$13,920$0$64,606
Conferences and Meetings$43,291$0$0$43,291
Pension Plan Contributions$37,570$4,953$0$42,523
Fees for Services Other$16,680$5,620$0$22,300
Insurance$0$15,717$0$15,717
Advertising$496$7,360$0$7,856
Fees for Services Accounting$0$7,190$0$7,190
Depreciation Depletion$0$5,333$0$5,333
Office Expenses$2,206$2,177$0$4,383
Other Expenses$116$491$0$607
All Other Expenses$0$367$0$367
Total Functional Expenses$1,162,870$306,702$0$1,469,572

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,812,172
Expenses per Audited Statements$1,469,572
Total Expenses per Form 990$1,469,572
Expenses Not Reported on Form 990$342,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Other Liability$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Filing and Contact Details

Filer

Filer Name
Association for Advancing Quality in Educator Preparation
EIN
82-2069694
Phone
7039094946
Address
173 Milkweed Drive, Lake Frederick, VA 22630

Signing Officer

Name
Jerald Wirth
Title
Chief Financial Officer
Phone
7039094946
Signed
2025-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerald Wirth
Formed
2017
Legal Domicile
Va
Voting Board Members
23
Independent Board Members
23
Employees
9
Volunteers
14

Preparer

Firm
Douglas Corey & Associates PC
Address
10201 Fairfax Blvd Suite 480, Fairfax, VA 22030
Preparer
Douglas S Corey CPA
Phone
7033542900
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

“The forms are available upon request.”

Pt VI, Line 15A

“Salaries are based on comparative data/market value.”

Pt VI, Line 11B

“The CFO reviews the 990 and then it is presented to the”

Pt VI, Line 11B

“board for review prior to filing.”

Pt VI, Line 15B

“Salaries are based on comparative data/market value.”

Pt VI, Line 12C

“Board addresses as appropriate.”

Financial Statement Notes

Pt X, Line 2

“AAQEP follows the guidance of ASC 740, Accounting for”

Pt X, Line 2

“income taxes, related to uncertainties in income taxes,”

Pt X, Line 2

“which prescribes a threshold of more likely than not for”

Pt X, Line 2

“recognition and derecognition of tax positions for”

Pt X, Line 2

“AAQEP for the year ended June 30, 2025.”

Pt X, Line 2

“AAQEPs tax returns are subject to possible examination”

Pt X, Line 2

“by taxing authorities. For federal income tax purposes,”

Pt X, Line 2

“the tax returns essentially remain open for possible”

Pt X, Line 2

“examination for a period of three years after respective”

Pt X, Line 2

“filing deadlines of those returns.”

Raw XML AppendixShowing 400 of 612 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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