Civic Intelligence

Postsecondary Commission Inc.

990 • Fiscal year 2022 • EIN 87-1031412

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 19, 2023

Organization ProfileWWW.POSTSECONDARYCOMMISSION.ORG

View Organization Page

75 Arlingston St Ste 500Boston, MA 02116

(206) 682-6704

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$224,180

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

1st percentile

-76%

Faster asset growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$236,220

Down $728,784 (-76%) from 2021

Net Assets

Up

$231,320

Up $520,641 (+180%) from 2021

Liabilities

Down

$4,900

Down $1,249,425 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin90th percentile

Revenue

Up

$1,010,000

Up $1,010,000 from 2021

Expenses

Up

$489,359

Up $200,038 (+69%) from 2021

Net Income

Up

$520,641

Up $809,962 (+280%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2021: $965,004Liabilities 2021: $1,254,325Net Assets 2021: -$289,3212021Assets 2022: $236,220Liabilities 2022: $4,900Net Assets 2022: $231,3202022Assets 2023: $2,306,186Liabilities 2023: $0Net Assets 2023: $2,306,1862023Assets 2024: $2,990,718Liabilities 2024: $0Net Assets 2024: $2,990,7182024

Highlighted filing

2022

Assets$236,220
Liabilities$4,900
Net Assets$231,320
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2021: $0Expenses 2021: $289,321Net Income 2021: -$289,3212021Revenue 2022: $1,010,000Expenses 2022: $489,359Net Income 2022: $520,6412022Revenue 2023: $4,075,290Expenses 2023: $2,005,324Net Income 2023: $2,069,9662023Revenue 2024: $3,065,500Expenses 2024: $2,380,968Net Income 2024: $684,5322024

Highlighted filing

2022

Revenue$1,010,000
Expenses$489,359
Net Income$520,641
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 19, 2023
Return Version
2022v5.0
Gross Receipts
$1,010,000
Mission and Program Overview

Mission

Working to be a federally recognized accreditor of outcomes-focused and innovative colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$250,000--
Cash and Non-Interest-Bearing Accounts$965,004$236,220▼ $728,784
Total Assets$965,004$236,220▼ $728,784
Liabilities
Other Liabilities$1,004,325$4,900▼ $999,425
Total Liabilities$1,254,325$4,900▼ $1,249,425
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-289,321$231,320▲ $520,641
Total Net Assets Fund Balance$-289,321$231,320▲ $520,641
Total Liabilities and Net Assets / Fund Balance$965,004$236,220▼ $728,784
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carol RavaVice President & TreasurerFT$224,180$224,180

Board Members and Trustees

NameTitle
Stig LeschlyPresident
Brian BirtwistleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,000
Program Service Revenue
$10,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000,000
Change in Net Assets
$520,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$371,194
Other Expenses$118,165
Total Fundraising Expense$19,512
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$166,150$40,034$17,995$224,179
Other Salaries and Wages$113,688--$113,688
Fees for Services Other$84,037$625-$84,662
Payroll Taxes$17,655$2,195$932$20,782
Other Employee Benefits$11,088$1,016$441$12,545
Travel$6,927--$6,927
Fees for Services Accounting-$6,910-$6,910
Conferences and Meetings$4,950$885-$5,835
Information Technology$862$3,862-$4,724
Fees for Services Legal-$3,530-$3,530
Office Expenses$2,217$-23-$2,194
Other Expenses$151$1,932-$2,083
Advertising$373$783$144$1,300
Total Functional Expenses$408,098$61,749$19,512$489,359
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
The Jan Leschly Giving FundFather of PresidentGrant to Pay Off LoanNo$1,000,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$250,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$4,496
Payroll Liabilities$404
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
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
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

Organizational document changes Part VI line 4

“Bylaws were amended to change name from college101, inc. To postsecondary commission, inc.”

Form 990 governing body review Part VI line 11

“The college 101 board will have an opportunity to review the draft 990.”

Conflict of interest policy compliance Part VI line 12C

“Board members review and sign the annual disclosure. As the organization launched in june 2021, the disclosures were not updated six months later at the start of 2022, but are being updated at the start of all future operating years.”

CEO executive director top management comp Part VI line 15A

“Compensation is determined by benchmarking within the sector - both higher education and nonprofit and based on employees knowledge, skills and experience.”

Other officer or key employee compensation Part VI line 15B

“Salary was set by a combination of review of similar roles in similar markets (using indeed, glassdoor, linkedin) as well as based on employees prior roles and current market value for their talent.”

Governing documents etc available to public Part VI line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Postsecondary Commission Inc
EIN
87-1031412
Address
75 ARLINGSTON ST STE 500, BOSTON, MA 02116

Signing Officer

Name
Carol Rava
Title
Vice President
Phone
2068540372
Signed
2023-04-19
Discuss with paid preparer
No

Organization Details

Principal Officer
Stig Leschly
Formed
2021
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
1
Employees
3
Volunteers
2

Preparer

Firm
The Sheriff CPA Services LLC
Address
10340 SE 187th Pl, Renton, WA 98055
Preparer
Shareef Abduhr-Rahmaan
Phone
4257576915
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Research contractors: $17,479 program expense; $0 m&g expense; $0 fundraising expenseother professional services: $24,209 program expense; $7,680 m&g expense; $0 fundraising expense”

Raw XML Appendix352 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WORKING TO BE A FEDERALLY RECOGNIZED ACCREDITOR OF OUTCOMES-FOCUSED AND INNOVATIVE COLLEGES.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt0144
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0783
IRS990/AdvertisingGrp/ProgramServicesAmt0373
IRS990/AdvertisingGrp/TotalAmt01300
IRS990/AllOtherContributionsAmt01000000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0501 COMMONS
IRS990/BooksInCareOfDetail/PhoneNum02066826704
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 12TH AVE SUITE 1101
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098144
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0965004
IRS990/CashNonInterestBearingGrp/EOYAmt0236220
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt017995
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt040034
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0166150
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0224179
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0885
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04950
IRS990/ConferencesMeetingsGrp/TotalAmt05835
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01000000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0118165
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010000
IRS990/CYRevenuesLessExpensesAmt0520641
IRS990/CYSalariesCompEmpBnftPaidAmt0371194
IRS990/CYTotalExpensesAmt0489359
IRS990/CYTotalFundraisingExpenseAmt019512
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01010000
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0COMMUNICATIONS - COLLEGE101 SPENT CONSIDERABLE TIME DEVELOPING RELATIONSHIPS WITH HIGHER EDUCATION THINK TANKS AND RESEARCHERS WORKING IN THE SAME SPACE. TO ESTABLISH OUR BRAND AND REPUTATION, WE ATTENDED CONFERENCES, PARTNERED ON PUBLICATIONS, SENT A REGULAR BLOG TO THOUSANDS, AND ACTIVELY ENGAGED ON SOCIAL MEDIA ON THE HIGHER EDUCATION TOPICS NOTED ABOVE. WE ALSO BECAME EXPERT AT SHARING OUR DATA AND RESEARCH THROUGH CREATIVE CHARTS, INTERACTIVE DISPLAYS, AND ON VARIOUS PODCASTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0204049
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06910
IRS990/FeesForServicesAccountingGrp/TotalAmt06910
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03530
IRS990/FeesForServicesLegalGrp/TotalAmt03530
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0625
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt084037
IRS990/FeesForServicesOtherGrp/TotalAmt084662
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROL RAVA
IRS990/Form990PartVIISectionAGrp/PersonNm1BRIAN BIRTWISTLE
IRS990/Form990PartVIISectionAGrp/PersonNm2STIG LESCHLY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0224180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01010000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03862
IRS990/InformationTechnologyGrp/ProgramServicesAmt0862
IRS990/InformationTechnologyGrp/TotalAmt04724
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0250000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WORKING TO BE A FEDERALLY RECOGNIZED ACCREDITOR OF OUTCOMES-FOCUSED AND INNOVATIVE COLLEGES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt0-289321
IRS990/NetAssetsOrFundBalancesEOYAmt0231320
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-289321
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0231320
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0-23
IRS990/OfficeExpensesGrp/ProgramServicesAmt02217
IRS990/OfficeExpensesGrp/TotalAmt02194
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0441
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01016
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011088
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012545
IRS990/OtherExpensesGrp/Desc0FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01932
IRS990/OtherExpensesGrp/ProgramServicesAmt0151
IRS990/OtherExpensesGrp/TotalAmt02083
IRS990/OtherLiabilitiesGrp/BOYAmt01004325
IRS990/OtherLiabilitiesGrp/EOYAmt04900
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0113688
IRS990/OtherSalariesAndWagesGrp/TotalAmt0113688
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0932
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02195
IRS990/PayrollTaxesGrp/ProgramServicesAmt017655
IRS990/PayrollTaxesGrp/TotalAmt020782
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STIG LESCHLY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0FEE FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010000
IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH - COLLEGE101 RESEARCHED AND PUBLISHED A NUMBER OF REPORTS, PAPERS AND BLOGS ON KEY ISSUES IN HIGHER EDUCATION, WITH A PARTICULAR FOCUS ON ACCREDITATION. THIS INCLUDES A REPORT ON DISCIPLINARY ACTIONS RELATED TO COLLEGE ACADEMIC QUALITY THAT ACCREDITORS TAKE AND THE PAUCITY OF NEW COLLEGES APPROVED BY ACCREDITORS. WE ALSO CONDUCTED EXTENSIVE RESEARCH ON PREDICTIVE VARIABLES FOR FUTURE EARNINGS OF BOTH HIGH SCHOOL AND COLLEGE GRADUATES AND WORKED ON DIFFERENT MODELS FOR RUNNING SUCH PREDICTIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0204049
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt095400
IRS990/PYRevenuesLessExpensesAmt0-289321
IRS990/PYSalariesCompEmpBnftPaidAmt0193921
IRS990/PYTotalExpensesAmt0289321
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0520641
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01000000
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt020000
IRS990ScheduleA/SubstantialContributorsTotAmt0980000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01000000
IRS990ScheduleA/TotalSupportAmt01000000
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1404
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt04900
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0224180
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CAROL RAVA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT & TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0224180
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0THE JAN LESCHLY GIVING FUND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FATHER OF PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01000000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0GRANT TO PAY OFF LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0GENERAL OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0STIG LESCHLY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BYLAWS WERE AMENDED TO CHANGE NAME FROM COLLEGE101, INC. TO POSTSECONDARY COMMISSION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COLLEGE 101 BOARD WILL HAVE AN OPPORTUNITY TO REVIEW THE DRAFT 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS REVIEW AND SIGN THE ANNUAL DISCLOSURE. AS THE ORGANIZATION LAUNCHED IN JUNE 2021, THE DISCLOSURES WERE NOT UPDATED SIX MONTHS LATER AT THE START OF 2022, BUT ARE BEING UPDATED AT THE START OF ALL FUTURE OPERATING YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS DETERMINED BY BENCHMARKING WITHIN THE SECTOR - BOTH HIGHER EDUCATION AND NONPROFIT AND BASED ON EMPLOYEES KNOWLEDGE, SKILLS AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARY WAS SET BY A COMBINATION OF REVIEW OF SIMILAR ROLES IN SIMILAR MARKETS (USING INDEED, GLASSDOOR, LINKEDIN) AS WELL AS BASED ON EMPLOYEES PRIOR ROLES AND CURRENT MARKET VALUE FOR THEIR TALENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RESEARCH CONTRACTORS: $17,479 PROGRAM EXPENSE; $0 M&G EXPENSE; $0 FUNDRAISING EXPENSEOTHER PROFESSIONAL SERVICES: $24,209 PROGRAM EXPENSE; $7,680 M&G EXPENSE; $0 FUNDRAISING EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0965004
IRS990/TotalAssetsEOYAmt0236220
IRS990/TotalAssetsGrp/BOYAmt0965004
IRS990/TotalAssetsGrp/EOYAmt0236220
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01000000
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019512
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061749
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0408098
IRS990/TotalFunctionalExpensesGrp/TotalAmt0489359
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01254325
IRS990/TotalLiabilitiesEOYAmt04900
IRS990/TotalLiabilitiesGrp/BOYAmt01254325
IRS990/TotalLiabilitiesGrp/EOYAmt04900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-289321
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0231320
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0408098
IRS990/TotalProgramServiceRevenueAmt010000
IRS990/TotalReportableCompFromOrgAmt0224180
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01010000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0965004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0236220
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt06927
IRS990/TravelGrp/TotalAmt06927
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.POSTSECONDARYCOMMISSION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL RAVA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02068540372
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POSTSECONDARY COMMISSION INC
ReturnHeader/Filer/BusinessNameControlTxt0POST
ReturnHeader/Filer/EIN0871031412
ReturnHeader/Filer/USAddress/AddressLine1Txt075 ARLINGSTON ST STE 500
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002116
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814343358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Sheriff CPA Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010340 SE 187th Pl
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Renton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098055
ReturnHeader/PreparerPersonGrp/PhoneNum04257576915
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shareef Abduhr-Rahmaan
ReturnHeader/ReturnTs02023-04-19T18:56:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAROL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAVA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$236,220
Liabilities
$4,900
Net assets
$231,320
Revenue
$1,010,000
Expenses
$489,359
Net income
$520,641
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$3.07$2.38$0.68
2023Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$4.08$2.01$2.07
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.23$1.01$0.49$0.52
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.25$0.29$0.00$0.29$0.29