2024-09-09T12:44:13-05:00 2023-06-30 991856619 GRANT THORNTON ADVISORS LLC 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2022-07-01 271255674 NATL STUDENT CLEARINGHOUSE RESEARCH CENTER NATL 7037424200 2300 DULLES STATION BLVD 220 HERNDON VA 20171 RICARDO TORRES TREASURER 7037424200 2024-09-09 1 1 MARY TORRETTA P00847851 7038477500 2022 2024-08-08 14:25:15Z DOUGLAS SHAPIRO 2300 DULLES STATION BLVD 220 HERNDON VA 20171 5304548 0 X WWW.NSCRESEARCHCENTER.ORG X 2009 VA TO SUPPORT THE EDUCATION & RESEARCH PROGRAMS & ACTIVITIES OF NATIONAL STUDENT CLEARINGHOUSE. 9 9 0 9 0 0 6875879 5145789 0 125115 769 33644 0 0 6876648 5304548 0 0 0 0 5571677 4206121 0 0 0 5380620 5549842 10952297 9755963 -4075649 -4451415 2472960 2858792 21908792 26746039 -19435832 -23887247 TO SUPPORT THE EDUCATION AND RESEARCH PROGRAMS AND ACTIVITIES OF NATIONAL STUDENT CLEARINGHOUSE. 0 0 7864250 0 125115 NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER (NSCRC) MAINTAINS, ENHANCES AND IMPROVES A NATIONAL PLATFORM FOR POST SECONDARY INSTITUTIONAL RESEARCH, ACCOUNTABILITY AND SUSTAINABLE CONTINUOUS IMPROVEMENT. 7864250 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARY CHAPIN 7037424200 2300 DULLES STATION BLVD NO 220 HERNDON VA 201716350 DR A HOPE WILLIAMS BOARD CHAIR 1.00 1.00 X 0 0 0 DR SHARON MORRISEY BOARD VICE CHAIR 1.00 1.00 X 0 0 0 DR THOMAS BROCK DIRECTOR 1.00 0.00 X 0 0 0 DR DEBRA CHROMY DIRECTOR 1.00 1.00 X 0 0 0 DR CARISSA MOFFAT MILLER DIRECTOR 1.00 1.00 X 0 0 0 DR BRIAN PRESCOTT DIRECTOR 1.00 0.00 X 0 0 0 DR NICOLE SMITH DIRECTOR 1.00 0.00 X 0 0 0 DR MARSAL STOLL DIRECTOR 1.00 0.00 X 0 0 0 DR DAVID TROUTMAN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL KETCHAM TREASURER 5.00 35.00 X 0 419443 28552 MARY CHAPIN SECRETARY 5.00 35.00 X 0 418574 28380 DR DOUGLAS SHAPIRO EXECUTIVE DIRECTOR 35.00 5.00 X 0 322958 31441 SANDHYA JHA TECHNICAL LEAD 40.00 0.00 X 0 167108 44027 RAMASUBRAMANIAN SUDALAI SR. 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NSCRC ANNUALLY DETERMINES THAT NSC SATISFIES THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) BY COMPUTING BOTH THE PUBLIC SUPPORT PERCENTAGE AND THE INVESTMENT INCOME PERCENTAGE. A COPY OF THIS CALCULATION IS MAINTAINED IN THE CORPORATE FILES. SCHEDULE A, PART IV, SECTION A, LINE 3C SUPPORTED ORGANIZATION QUALIFICATION: NSCRC DID NOT PROVIDE DIRECT CASH SUPPORT TO NSC. RATHER, THE TWO ORGANIZATIONS COLLABORATED ON CHARITABLE AND EDUCATIONAL PROGRAMS IN FURTHERANCE OF NSCRC'S 501(C)(3) PURPOSES. ALL OF NSCRC'S FUNDING FROM PRIVATE FOUNDATIONS WAS RESTRICTED TO SECTION 170(C)(2)(B) PURPOSES PURSUANT TO WRITTEN GRANT AGREEMENTS. NSCRC, IN TURN, APPLIED THE SAME RESTRICTIONS IN CONDUCTING ITS PROGRAMMATIC WORK PURSUANT TO A COST-SHARING AGREEMENT WITH NSC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 326888 299834 27054 27054 DUE TO NSC 25896812 25896812 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS: THE CLEARINGHOUSE HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRED RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 MICHAEL KETCHAM TREASURER 0 344533 0 71346 0 3564 0 24185 0 4367 0 447995 0 0 MARY CHAPIN SECRETARY 0 346494 0 69757 0 2323 0 24013 0 4367 0 446954 0 0 DR DOUGLAS SHAPIRO EXECUTIVE DIRECTOR 0 266201 0 49099 0 7658 0 29924 0 1517 0 354399 0 0 SANDHYA JHA TECHNICAL LEAD 0 160762 0 5299 0 1047 0 17531 0 26496 0 211135 0 0 RAMASUBRAMANIAN SUDALAI SR. ENGINEER CLOUD DATA 0 144605 0 3182 0 483 0 15701 0 27183 0 191154 0 0 BRENDAN KERR SR. SOFTWARE ENGINEER 0 147557 0 3880 0 1098 0 15377 0 10987 0 178899 0 0 PURAN CHAUHAN ENGINEER, QUALITY ASSURANCE 0 152896 0 4721 0 3930 0 12080 0 4315 0 177942 0 0 NICOLE WEST SR. ARCHITECT CLOUD DATA 0 146078 0 5000 0 457 0 15252 0 8454 0 175241 0 0 SCHEDULE J, PART I, LINE 3: NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER RELIES ON ITS PARENT, NATIONAL STUDENT CLEARINGHOUSE (NSC) TO DETERMINE COMPENSATION FOR NSCRC'S EXECUTIVE DIRECTOR. NATIONAL STUDENT CLEARINGHOUSE USES AN EXECUTIVE COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OF DIRECTORS TO DETERMINE REASONABLE COMPENSATION. FORM 990, PART V, LINE 2A FORM W-3: NSC, A RELATED ORGANIZATION, REPORTED ISSUING 437 FORMS W-2 ON ITS 2022 FORM W-3; HOWEVER, OF THIS AMOUNT, 76 EMPLOYEES WERE ASSIGNED TO WORK FOR NSCRC. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JUNE 2023, NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER AMENDED ITS BYLAWS FOR THE FOLLOWING SIGNIFICANT CHANGES: THE BOARD OF THE FILING ORGANIZATION (NSCRC) WILL INCLUDE TWO PERSONS WHO CONCURRENTLY SERVE AS DIRECTORS OF NATIONAL STUDENT CLEARINGHOUSE (NSC). FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT: NSC, A RELATED ORGANIZATION, ELECTS THE BOARD MEMBERS OF NSCRC. FORM 990, PART VI, SECTION A, LINE 7B RIGHTS RESERVED TO MEMBERS OR STOCKHOLDERS: NSC, A RELATED ORGANIZATION, ELECTS THE BOARD MEMBERS OF NSCRC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: FORM 990 IS PREPARED BY THE FINANCE DEPARTMENT AND REVIEWED BY INDEPENDENT TAX ADVISORS. IN ACCORDANCE TO NSC'S POLICY, A COMPLETE FORM 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW. FORM 990 IS REVIEWED BY ALL MEMBERS OF THE BOARD PRIOR TO THE SUBMISSION OF THE FORM TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: BOARD MEMBERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND REQUIRED TO COMPLETE A FORM ACKNOWLEDGING THE POLICY AND DISCLOSING ANY CONFLICTS. THE POLICY INCLUDES A REQUIREMENT THAT ANY NEW CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR BE REPORTED TO THE CHAIRMAN OF THE BOARD. PROCEDURES FOR EVALUATING POTENTIAL CONFLICTS ARE INCORPORATED IN THE POLICY. ANY DIRECTOR WHO MAY BE INVOLVED IN AN NSCRC BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE CHAIRMAN OF THE BOARD. THE CHAIRMAN, OR AT THE DIRECTION OF THE CHAIRMAN, THE PRESIDENT OF NSCRC SHALL PROMPTLY INFORM THE ENTIRE BOARD OF SUCH POTENTIAL CONFLICT. THE AFFECTED DIRECTOR SHALL NOT VOTE ON ANY SUCH TRANSACTION, PARTICIPATE IN DELIBERATIONS CONCERNING IT, OR USE PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THE DIRECTOR WILL BE EXCUSED FROM THE PORTION OF ANY MEETING DISCUSSING THE TRANSACTION AND THE DIRECTOR'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY VOTE WITH RESPECT TO A NSCRC BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE CONFLICT OF INTEREST. FURTHERMORE, THE DIRECTOR, OR THE CHAIRMAN IN THE DIRECTOR'S ABSENCE, SHALL NOTE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER DIRECTORS BEFORE ANY VOTE ON A NSCRC BUSINESS TRANSACTION AND SUCH DISCLOSURE SHALL BE RECORDED IN THE MINUTES OF THE MEETING AT WHICH IT WAS MADE. IN THE EVENT THE POTENTIAL CONFLICT INVOLVES THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN SHALL ACT IN THE PLACE OF THE CHAIRMAN FOR THE PURPOSES OF THIS POLICY. ANY BOARD OF DIRECTORS SHALL NOT APPROVE ANY TRANSACTION WHICH INVOLVES A POTENTIAL CONFLICT OF INTEREST WITH A DIRECTOR UNLESS AND UNTIL THE BOARD OF DIRECTORS HAS SPECIFICALLY AND IN GOOD FAITH DETERMINED AFTER REASONABLE INVESTIGATION (INCLUDING A REVIEW OF THE TERMS UPON WHICH OTHER COMPARABLE ORGANIZATIONS ENTER TRANSACTIONS OR ARRANGEMENTS SIMILAR TO THE ONE UNDER CONSIDERATION) THAT: A. THE BOARD IS AWARE OF ALL MATERIAL FACTS CONCERNING THE TRANSACTION AND THE DIRECTOR OR OFFICER'S INTEREST IN THE TRANSACTION; B. NSCRC IS ENTERING INTO THE TRANSACTION FOR ITS OWN BENEFIT; C. THE TRANSACTION IS FAIR AND REASONABLE AS TO NSCRC; AND D. NSCRC COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. MANAGEMENT SHALL BE RESPONSIBLE FOR PROVIDING THE BOARD WITH SUFFICIENT INFORMATION SO THAT THE BOARD CAN ASSESS THE FAIRNESS AND REASONABLENESS OF THE COMPENSATION INVOLVED. NSCRC MUST CONDUCT PERIODIC REVIEWS TO ENSURE THAT ALL COMPENSATION ARRANGEMENTS, PARTNERSHIPS, JOINT VENTURES, AND OTHER TRANSACTIONS INVOLVING DIRECTORS AND OFFICERS ARE REASONABLE, REFLECT ARM'S LENGTH BARGAINING, AND FURTHER CHARITABLE PURPOSES, AND DO NOT RESULT IN UNREASONABLE BENEFIT TO THE DIRECTOR OR OFFICERS OR ANY OTHER PRIVATE SHAREHOLDER OR INDIVIDUAL. WHEN CONDUCTING THESE REVIEWS, NSCRC MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. ANY USE OF OUTSIDE ADVISORS, HOWEVER, SHALL NOT RELIEVE THE BOARD OF DIRECTORS OF ITS RESPONSIBILITY FOR CONDUCTING THE PERIODIC REVIEWS. A COPY OF THIS POLICY MUST BE FURNISHED TO ALL INCUMBENT AND INCOMING DIRECTORS AND OFFICERS OF NSCRC ON AN ANNUAL BASIS. EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THIS POLICY, IN ADDITION TO A COPY OF THE ATTACHED DISCLOSURE FORM AND A CURRENT COPY OF THE DIRECTOR'S RESUME TO THE EXECUTIVE DIRECTOR OF NSCRC. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE BOARD OF DIRECTORS OF NSC CONDUCTS AN INDEPENDENT OUTSIDE COMPENSATION ANALYSIS FOR THE CEO EACH YEAR THAT IS USED TO MONITOR THE APPROPRIATENESS OF HIS COMPENSATION. A SIMILAR PROCESS IS COMPLETED BY THE CHIEF PEOPLE OFFICER FOR THE OTHER EXECUTIVES, INCLUDING THOSE EXECUTIVES PERFORMING SERVICES FOR NSCRC. PERIODICALLY, NSC HIRES AN OUTSIDE FIRM TO CONDUCT A COMPENSATION ANALYSIS FOR THE NON-EXECUTIVE EMPLOYEE POSITIONS. ANOTHER FIRM THAT COMPLETES OUR AFFIRMATIVE ACTION PLAN ALSO COMPARES COMPENSATION AMONG ETHNICITY AND GENDER TO ASSESS FAIRNESS. AT MERIT INCREASE TIME, THE CHIEF PEOPLE OFFICER DOES A REVIEW OF COMPENSATION BY WORKGROUP TO DETERMINE WHETHER ANY ADJUSTMENTS ARE REQUIRED TO BRING PEOPLE WITH LIKE POSITIONS AND EXPERIENCE TO A COMPARABLE COMPENSATION LEVEL. THE ASSESSMENTS INCLUDED THOSE EMPLOYEES PERFORMING SERVICES FOR NSCRC. THE BOARD OF NSC APPROVES THE COMPENSATION OF THE CEO AND OTHER OFFICERS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE BOARD OF DIRECTORS. A GROUP OF INDEPENDENT PERSONS WHO SERVE ON THE BOARD OF DIRECTORS EVALUATE EXTERNAL COMPENSATION DATA FROM COMPARABLE INSTITUTIONS, DISCUSS THEIR REVIEW, AND CONTEMPORANEOUSLY DOCUMENT THEIR CONCLUSION THAT THE TOTAL COMPENSATION PAID TO SUCH PERSONS IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE TO THE PUBLIC BY REQUEST TO THE CORPORATE SECRETARY. FINANCIAL STATEMENTS ARE AVAILABLE TO PARTICIPANTS IN OUR SERVICES UNDER THE TERMS OF OUR CONTRACTS WITH THEM AND TO INDIVIDUALS BY REQUEST TO THE TREASURER. FORM 990, PART IX, LINE 11G CONTRACT AND TEMP PERSONNEL: PROGRAM SERVICE EXPENSES 115,772. TOTAL EXPENSES 115,772. OTHER FEES: PROGRAM SERVICE EXPENSES 2,964,990. TOTAL EXPENSES 2,964,990. NATIONAL STUDENT CLEARINGHOUSE 2300 DULLES STATION BLVD 220 HERNDON VA 201716350 521836384 EDUCATION VERIFICATION VA 501(C)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 NATIONAL STUDENT CLEARINGHOUSE N 1110578 COST NATIONAL STUDENT CLEARINGHOUSE O 781135 COST