The College Board “Nonprofit”: Oh, the Money One Can Make!

deutsch29

The College Board is actually a nonprofit entity (EIN 13-1623965), but don’t let that fool you. The money is a-flowing, and for College Board’s top admin, testing is turning out to be quite the lucrative racket.

24sat-david-coleman-sat-test-600 David Coleman, College Board

Let’s just consider some info from the College Board’s 2016 tax form.

Total revenue in 2016 was $916M, just shy of one billion dollars, $3.3M of which derived from government grants. The greatest revenue generator was “AP and instruction,” at $446M, followed by “assessments,” at $338M.

piggy bank cash

As for 2016 lobbying expenses: The College Board spent $2.3M (a drop in the billion-dollar bucket of its total revenue), with the following explanation:

The College Board contacts legislators and their staff to provide data and statistics on K-12 education and college admissions and to encourage them to support appropriations for education.

If your nonprofit breaks a billion in revenue, then $2M spent…

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