2025-11-12T08:13:45-06:00 2024-12-31 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-01-01 042254705 MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION MASS 8009999080 33 ARCH STREET 2100 BOSTON MA 02110 JULIE LAMMERS PRESIDENT & CEO 8009999080 2025-11-10 1 0 CRAIG KLEIN P00734640 6178075000 2024 2025-03-06 01:10:19Z AMERICAN STUDENT ASSISTANCE JULIE LAMMERS 33 ARCH STREET 2100 BOSTON MA 02110 673029168 0 X WWW.ASA.ORG X 1956 MA PROVIDE ACCESS TO AND CONDUCT ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION. 11 10 93 0 134203 0 410773 448272 85077064 75914640 27481673 77184436 153494 93581 113123004 153640929 9250341 20394926 0 0 15549019 16751195 0 0 0 70295808 77709503 95095168 114855624 18027836 38785305 1045185472 1113821909 131181242 127150763 914004230 986671146 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE ACCESS TO AND CONDUCT ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION. 0 0 24929961 306148 75914640 MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION (MHEAC) RELIEVES THE BURDENS OF GOVERNMENT AND ASSISTS STUDENTS AND PARENTS IN SUCCESSFULLY COMPLETING A PROGRAM OF HIGHER EDUCATION BY CONTINUING TO ACT AS A GUARANTOR OF STUDENT LOANS MADE BY LENDERS, IN CONNECTION WITH THE FEDERAL HIGHER EDUCATION ACT OF 1965. IN ADDITION, MHEAC ENGAGES IN A VARIETY OF ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION, INCLUDING HELPING STUDENTS EXPLORE ALTERNATIVE EDUCATION PATHWAYS IN PURSUIT OF SUCCESSFUL AND FULFILLING CAREERS. 65707812 20088778 MIDDLE AND HIGH SCHOOL ACTIVITIES: MHEAC ENGAGES IN A VARIETY OF ACTIVITIES IN FURTHERANCE OF HIGHER EDUCATION. THE MISSION IS TO HELP STUDENTS KNOW THEMSELVES, KNOW THEIR OPTIONS, AND MAKE INFORMED DECISIONS TO ACHIEVE THEIR EDUCATION AND CAREER GOALS. ASA IS COMMITTED TO HELPING STUDENTS EXPLORE EDUCATION AND CAREER OPTIONS STARTING IN MIDDLE SCHOOL, EXPERIMENT THROUGH HANDS-ON OPPORTUNITIES, AND EXECUTE A PLAN TO MEET THEIR GOALS. ASA'S INNOVATIVE PROGRAMS AND PARTNERSHIPS, COMBINED WITH A ROBUST RESEARCH AGENDA AND ADVOCACY PLATFORM, ENABLE ASA TO PROVIDE MEANINGFUL IMPACT TO YOUNG PEOPLE ON A NATIONAL SCALE. 90637773 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 64 0 1 93 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X KYLE MORIN 6177284210 33 ARCH STREET SUITE 2100 BOSTON MA 02110 JEAN EDDY PRESIDENT/CEO/DIRECTOR 40.00 X X 543395 0 37944 ALEX RAPPAPORT DIRECTOR 1.00 X 50000 0 0 CARLA THOMPSON DIR/CHAIR OF IMPACT INVESTING 1.00 X 60500 0 0 CAROL FULP DIRECTOR/CHAIR OF COMPENSATION 1.00 X X 70500 0 0 THOMAS GRAF DIR./CHAIR OF INV COMMITTEE 1.00 X 53000 0 0 KEN JONES DIR./CHAIR OF AUDIT COMMITTEE 2.00 X 60500 0 0 LAWRENCE H GENNARI DIR/CHAIR OF BOARD/CHAIR 4.00 X X 78500 0 0 DANIEL ACHEAMPONG DIRECTOR 1.00 X 37500 0 0 MARGARET NG DIRECTOR 1.00 X 50000 0 0 STEPHANIE CRIMMINS DIRECTOR 1.00 X 50000 0 0 JD LAROCK DIRECTOR 1.00 X 0 0 0 ANGELINE L CASTERA COO/CHIEF PEOPLE OFFICER 40.00 X 313565 0 69948 JOHN CHRISTOPHER SHEEHAN VP & GENERAL COUNSEL (UNTIL 12/31/24) 40.00 X 297658 0 36607 RILWAN MEERAN VP MISSION IMPACT INVESTING 40.00 X 328463 0 67872 CLAY COLARUSSO CMO & SVP DIGITAL STRATEGY 40.00 X 297573 0 61350 CAMERON F LOGAN PHD VICE PRESIDENT OF TECHNOLOGY 40.00 X 281700 0 53897 JULIE LAMMERS SVP ADVOCACY & CORP RESP 40.00 X 258824 0 63573 KYLE G MORIN VP HEAD OF FINANCE 40.00 X 245156 0 57339 JUDY GOLDSTEIN SVP PUBLIC RELATIONS COMMUNICATIONS 40.00 X 256189 0 47430 ALISA WILKE SVP PRODUCT OPERATIONS 40.00 X 267636 0 64565 JAMES G SMITH VICE PRESIDENT OF MARKETING 40.00 X 217719 0 56661 ALAN WHITE VP/RESEARCH & DATA ANALYTICS 40.00 X 198366 0 58205 ANDREW DYKE SR. DIRECTOR OF TECHNOLOGY 40.00 X 239787 0 25503 ROBIN M GILBERT VP, PEOPLE & CULTURE 40.00 X 201210 0 17279 BARBARA MATEZ EVP & CFO 40.00 X 241995 0 11548 4699736 0 729721 62 1 1 0 ECMC 111 WASHINGTON AVENUE SOUTH MINNEAPOLIS MN 55401 GUARANTOR SERVICES 27913253 WUNDERMAN THOMPSON LLC 175 GREENWICH ST 31ST FLR 3 WTC NEW YORK NY 10007 DATA ENGINEERING 3596552 ALLIANTS LIMITED 4 UNIV MARINA HAMPSHIRE UK SO31 7ZN DATA ENGINEERING 3251752 TIKTOK INC PO BOX 894476 LOS ANGELES CA 90189 SOCIAL MEDIA 2083613 PA CONSULTING GROUP 27-43 WORMWOOD ST 6TH FLOOR BOSTON MA 02210 CONSULTING SERVICES 1244221 47 448272 448272 SPECIAL ACCOUNT MAINTE 900099 69258350 69258350 ACCOUNT MAINENANCE FEE 900099 5379428 5379428 DEFAULT AVERSION FEE 900099 877669 877669 CONSOLIDATED COLLECTIO 900099 399193 399193 75914640 39056519 40622 39015897 557516156 519388239 38127917 38127917 38127917 UBI FROM NEXTGEN 541700 93581 93581 93581 153640929 75914640 134203 77143814 20394926 20394926 5623520 4237670 1385850 9125471 7542844 1582627 933906 765803 168103 1068298 854639 213659 1059147 843394 215753 770583 616466 154117 422259 337808 84451 8162047 10400 8151647 11909225 11909225 174098 139279 34819 4339047 3471238 867809 1686973 1349579 337394 613863 491091 122772 2775858 2220687 555171 4198387 3358710 839677 1336885 1069508 267377 3RD PARTY SERVICES FEE 23232783 23232783 CONSULTING & PROF. SERV 13608969 5227951 8381018 PROGRAM DEVELOPMENT FEE 3587332 2869866 717466 NON OPERATING EXPENSE -858659 -858659 690706 552565 138141 114855624 90637773 24217851 0 21873231 32094703 30766313 15378780 1587803 2058208 22506852 13822645 9775222 8684207 833758586 862136520 135920618 182983689 11503699 10485802 1045185472 1113821909 30328718 26300333 99258561 99361420 1593963 1489010 131181242 127150763 X 914004230 986671146 914004230 986671146 1045185472 1113821909 38785305 33881611 0 X 0 1 X 1 1 1 X X 1 NETWORK FOR TEACHING ENTREPRENEURSHIP 133408731 7 0 4448985 0 1 4448985 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SECTION A, QUESTION 1: SUPPORTED ORGANIZATIONS ARE DESIGNATED BY CLASS. THE GOVERNING DOCUMENTS STATE THAT THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY TO SUPPORT THE CHARITABLE AND EDUCATIONAL PURPOSES OF ORGANIZATIONS THAT (I) ARE DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE CODE AND (II) SUPPORT STUDENTS IN OBTAINING AN EDUCATION THAT WILL SUPPORT SUCCESSFUL AND MEANINGFUL CAREER OUTCOMES. SECTION C, QUESTION 1: A MAJORITY OF THE MEMBERS OF ASA'S BOARD OF DIRECTORS ARE MEMBERS OF THE NFTE'S BOARD OF DIRECTORS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 158237174 -158237174 138154558 20082616 158237174 0.00000 0.00000 0.00000 3890753 1545156 2345597 598701 582199 16502 18017398 11695290 6322108 8684207 VENTURE CAPITAL INVESTMENT 28935651 F HEDGE FUND INVESTMENTS 65502950 F PRIVATE EQUITY INVESTMENTS 75837251 F DIRECT PRIVATE INVESTMENT 12707837 F 182983689 RESERVE FOR CONTINGENCIES 1255555 OTHER 233455 1489010 X 179374557 33881610 33881610 145492947 8149047 -1065 8147982 153640929 106706577 0 106706577 8149047 8149047 114855624 PART V, LINE 4: ASA PREVIOUSLY ESTABLISHED ASA FUND LLC ("ASA FUND", ALSO REFERRED TO AS "NEW PROGRAMS"), A SINGLE MEMBER LLC ESTABLISHED TO HOLD FUNDS DESIGNATED BY THE BOARD AS A QUASI-ENDOWMENT FOR THE BENEFIT OF THE NEW PROGRAMS. DURING 2021, ASA'S BOARD OF DIRECTORS RESOLVED TO CLOSE ASA FUND AS A SEPARATE ENTITY AND TO TRANSFER ALL ASSETS AND LIABILITIES BACK TO ASA. PART X, LINE 2: ASA ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. ASA HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY, ITS DETERMINATION OF WHICH ACTIVITIES ARE RELATED AND UNRELATED AND ITS PRESENTATION OF CERTAIN NET OPERATING LOSS CARRYFORWARDS AS ITS ONLY SIGNIFICANT TAX POSITIONS. ASA, HOWEVER, HAS DETERMINED THAT ITS POSITION RELATIVE TO TAX STATUS OR DETERMINATION OF WHICH ACTIVITIES ARE RELATED AND UNRELATED DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE POSITION ON LOSS CARRYFORWARDS IS UNCERTAIN AND THUS SUCH CARRYFORWARDS HAVE NOT BEEN RECOGNIZED AS TAX ASSETS. ASA IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. ASA'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING DIFFERENCE -1,065. 1 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENT 1564416 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENT 37846704 0 0 0 0 0 0 39411120 0 39411120 0 0 0 0 1 0 1 AMERICA SUCCEEDS 1390 LAWRENCE STREET SUITE 200 DENVER CO 80204 455334937 501(C)(3) 450000 0 SKILL-BUILDING/SOCIAL CAPITAL APPRENTICE LEARNING PO BOX 3000 68 JAMAICA PLAIN MA 02130 455622649 501(C)(3) 150000 0 CAREER EXPLORATION ASSOCIATION FOR MIDDLE LEVEL EDUCATION 283 WHISTLEWOOD LANE WINCHESTER VA 22602 310865702 501(C)(3) 15000 0 CAREER EXPLORATION BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY 41 BERKELEY ST BOSTON MA 02116 042103576 501(C)(3) 150000 0 POSTSECONDARY PATHWAYS BIG PICTURE LEARNING 325 PUBLIC ST PROVIDENCE RI 02905 050485883 501(C)(3) 600000 0 DIGITAL INNOVATION BIG THOUGHT 1409 S LAMAR STREET SUITE 1015 DALLAS TX 75215 752170035 501(C)(3) 375000 0 DIGITAL INNOVATION BISMARCK PUBLIC SCHOOLS FOUNDATION 128 SOO LINE BISMARCK ND 58503 450442960 501(C)(3) 200000 0 CAREER EXPLORATION BRIC FOUNDATION 5735 LEMP AVE NORTH HOLLYWOOD CA 91601 831408476 501(C)(3) 125000 0 WORK-BASED LEARNING CAPS NETWORK INC 7501 W 149TH TERRACE OVERLAND PARK KS 66223 854285822 501(C)(3) 527000 0 WORK-BASED LEARNING CAST INC 50 SALEM STREET BUILDING B SUITE 303 LYNNFIELD MA 01940 222746879 501(C)(3) 126678 0 WORK-BASED LEARNING CHICA PROJECT 1266 FURNACE BROOK PARKWAY SUITE 410 QUINCY MA 02169 453866647 501(C)(3) 100000 0 WORK-BASED LEARNING COALITION FOR CAREER DEVELOPMENT CENTER 901 WASHINGTON STREET ALEXANDRIS VA 22314 852426988 501(C)(3) 280000 0 INFLUENCING CHANGE COLORADO SUCCEEDS 730 17TH STREET SUITE 950 DENVER CO 80202 753221270 501(C)(3) 200000 0 INFLUENCING CHANGE COMMUNITY SHARE 634 NORTH JACOBUS AVENUE TUCSON AZ 85705 881108848 501(C)(3) 200000 0 DIGITAL INNOVATION CONNECTED THE NATIONAL CENTER FOR COLLEGE AND CAREER 2150 SHATTUCK AVE SUITE 750 BERKELEY CA 94704 204781979 501(C)(3) 200000 0 WORK-BASED LEARNING EAST CENTRAL INDIANA EDUCATIONAL SERVICE CENTER INC 2601 S 14TH STREET NEW CASTLE IN 47362 320188896 501(C)(3) 100000 0 CAREER EXPLORATION EMPOWER SCHOOLS INC 20 UNIVERSITY ROAD SUITE 500 CAMBRIDGE MA 02138 043534001 501(C)(3) 183000 0 INFLUENCING CHANGE FLARE EDUCATION INC 288 WESTERN AVE CAMBRIDGE MA 02139 871145016 501(C)(3) 100000 0 WORK-BASED LEARNING FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES 1102 Q STREET SUITE 4800 SACRAMENTO CA 95811 680412350 501(C)(3) 95353 0 INFLUENCING CHANGE GET SCHOOLED FOUNDATION 1425 BROADWAY SEATTLE WA 98122 272245578 501(C)(3) 165000 0 SKILL-BUILDING/SOCIAL CAPITAL GPS EDUCATION PARTNERS INC N19W24075 RIVERWOOD DRIVE SUITE 300 WAUKESHA WI 53188 391667442 501(C)(3) 300000 0 WORK-BASED LEARNING HAWAII WORKFORCE PIPELINE INC 726 KALOLINA PLACE KAILUA HI 96734 851664697 501(C)(3) 99687 0 CAREER EXPLORATION ICOULDBEORG INC 222 BROADWAY 19TH FLOOR NEW YORK NY 10038 134151810 501(C)(3) 220000 0 DIGITAL INNOVATION INTERNATIONAL RESCUE COMMITTEE 122 EAST 42ND STREET NEW YORK NY 10168 135660870 501(C)(3) 200000 0 CAREER EXPLORATION ISLAND INSTITUTE 386 MAIN STREET ROCKLAND ME 04841 222786731 501(C)(3) 100000 0 WORK-BASED LEARNING JOBS FOR THE FUTURE INC 50 MILK STREET 17TH FLOOR BOSTON MA 02109 061164568 501(C)(3) 5000000 0 POSTSECONDARY PATHWAYS JUNIOR ACHEIVEMENT OF GREATER BOSTON 80 CITY SQUARE BOSTON MA 02129 042127020 501(C)(3) 100000 0 CAREER EXPLORATION MAGNOLIA GLOBAL ACADEMY FOR LEADERS 1410 NEOTOMAS AVENUE SUITE 200 SANTA ROSA CA 95405 862917448 501(C)(3) 65000 0 CAREER EXPLORATION MICROSOCIETY INC 3401 MARKET STREET SUITE 200 PHILADELPHIA PA 19104 232637830 501(C)(3) 122000 0 CAREER EXPLORATION NAF 218 WEST 40TH STREET 5TH FLOOR NEW YORK NY 10018 133480246 501(C)(3) 400000 0 WORK-BASED LEARNING NATIONAL RURAL EDUCATION ASSOCIATION 615 MCCALLIE AVE HUNTER HALL 312 CHATTANOOGA TN 37403 237033384 501(C)(3) 360250 0 CAREER EXPLORATION NETWORK FOR TEACHING ENTREPRENEURSHIP 120 WALL STREET 18TH FLOOR NEW YORK NY 10005 133408731 501(C)(3) 4448985 0 SKILL-BUILDING/SOCIAL CAPITAL NEW VENTURE FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 205806345 501(C)(3) 1500000 0 CAREER EXPLORATION ON THE ROAD COLLABORATIVE PO BOX 1393 85 W GAY STREET HARRISONBURG VA 22803 471261317 501(C)(3) 100000 0 SKILL-BUILDING/SOCIAL CAPITAL PARTNERS FOR YOUTH WITH DISABILITIES INC 89 SOUTH STREET SUITE 103 BOSTON MA 02111 222627798 501(C)(3) 100000 0 SKILL-BUILDING/SOCIAL CAPITAL RENNIE CENTER FOR EDUCATION RESEARCH AND POLICY 114 STATE STREET BOSTON MA 02109 510548106 501(C)(3) 100000 0 SKILL-BUILDING/SOCIAL CAPITAL RODEL FOUNDATION OF DELAWARE 100 WEST 10TH STREET SUITE 704 WILMINGTON DE 19801 911944585 501(C)(3) 500000 0 CAREER EXPLORATION RUSH UNIVERSITY MEDICAL CENTER 1201 W HARRISON SUITE 300 CHICAGO IL 60607 362174823 501(C)(3) 141450 0 POSTSECONDARY PATHWAYS SPARK NC 301 SEALANE WAY KURE BEACH NC 28449 921765886 501(C)(3) 500000 0 WORK-BASED LEARNING SQUASHBUSTERS INC 795 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 043330698 501(C)(3) 30000 0 SKILL-BUILDING/SOCIAL CAPITAL SUITS FOR SENIORS INC 5762 OKEECHOBEE BLVD WEST PALM BEACH FL 33417 812028864 501(C)(3) 50000 0 WORK-BASED LEARNING TARRANT TO AND THROUGH PARTNERSHIP 300 TRINITI CAMPUS CIRCLE SUITE TRTR 2305 FORT WORTH TX 76102 844203777 501(C)(3) 100000 0 DIGITAL INNOVATION THE CENTER FOR TEEN EMPOWERMENT INC 130 WARREN STREET ROXBURY MA 02119 043091002 501(C)(3) 90000 0 WORK-BASED LEARNING THE IMMOKALEE FOUNDATION INC 2375 TAMIAMI TRAIL N SUITE 308 NAPLES FL 34103 650315664 501(C)(3) 90000 0 CAREER EXPLORATION THE MASSACHUSETTS ALLIANCE FOR EARLY COLLEGE 588 BOSTON POST ROAD SUITE 150 WESTON MA 02493 873513195 501(C)(3) 75000 0 POSTSECONDARY PATHWAYS US CHAMBER OF COMMERCE FOUNDATION 1615 H STREET NW WASHINGTON DC 20062 461561597 501(C)(3) 500000 0 DIGITAL INNOVATION UNCOMMON CONSTRUCTION INC 6601 FRANKLIN AVE NEW ORLEANS LA 70119 473623284 501(C)(3) 200000 0 WORK-BASED LEARNING UNITED PLANET CORPORATION 361 NEWBURY STREET BOSTON MA 02115 043582778 501(C)(3) 200000 0 SKILL-BUILDING/SOCIAL CAPITAL UPLIFT EDUCATION 3000 PEGASUS PARK DRIVE SUITE 1100 DALLAS TX 75247 752659683 501(C)(3) 100000 0 SKILL-BUILDING/SOCIAL CAPITAL VIRTUAL ENTERPRISES INTERNATIONAL INC 122 AMSTERDAM AVENUE NEW YORK ND 10023 273362452 501(C)(3) 200000 0 CAREER EXPLORATION 50 0 PART I, LINE 2: GRANT FUNDING IS MEMORIALIZED IN A WRITTEN GRANT FUNDING DOCUMENT WHICH SETS FORTH THE PURPOSES OF THE GRANT AND ELIGIBILITY CRITERIA. THE ORGANIZATION REQUIRES PERIODIC REPORTS AND CONDUCTS RANDOM REVIEWS OF GRANTEES TO ENSURE GRANT REQUIREMENTS ARE BEING MET. PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: CONSORTIUM OF UNIVERSITIES OF THE WASHINGTON METROPOLITAN (H) PURPOSE OF GRANT OR ASSISTANCE: TO COLLABORATE WITH THE AGENCY TO PROMOTE ACCESS TO HIGHER EDUCATION IN THE WASHINGTON DC METRO AREA 1 X X X X X 1 0 0 0 0 0 0 0 0 JEAN EDDY PRESIDENT/CEO/DIRECTOR 531949 0 0 0 11446 0 24150 0 13794 0 581339 0 0 0 RILWAN MEERAN VP MISSION IMPACT INVESTING 320101 0 0 0 8362 0 19561 0 48311 0 396335 0 0 0 ANGELINE L CASTERA COO/CHIEF PEOPLE OFFICER 304123 0 0 0 9442 0 22987 0 46961 0 383513 0 0 0 CLAY COLARUSSO CMO & SVP DIGITAL STRATEGY 289643 0 0 0 7930 0 21457 0 39893 0 358923 0 0 0 CAMERON F LOGAN PHD VICE PRESIDENT OF TECHNOLOGY 272258 0 0 0 9442 0 8839 0 45058 0 335597 0 0 0 JOHN CHRISTOPHER SHEEHAN VP & GENERAL COUNSEL (UNTIL 12/31/24 286974 0 0 0 10684 0 20918 0 15689 0 334265 0 0 0 ALISA WILKE SVP PRODUCT OPERATIONS 258194 0 0 0 9442 0 19636 0 44929 0 332201 0 0 0 JULIE LAMMERS SVP ADVOCACY & CORP RESP 250894 0 0 0 7930 0 18745 0 44828 0 322397 0 0 0 JUDY GOLDSTEIN SVP PUBLIC RELATIONS COMMUNICATIONS 251025 0 0 0 5164 0 18316 0 29114 0 303619 0 0 0 KYLE G MORIN VP HEAD OF FINANCE 237226 0 0 0 7930 0 17771 0 39568 0 302495 0 0 0 JAMES G SMITH VICE PRESIDENT OF MARKETING 209357 0 0 0 8362 0 15910 0 40751 0 274380 0 0 0 ANDREW DYKE SR. DIRECTOR OF TECHNOLOGY 237647 0 0 0 2140 0 16872 0 8631 0 265290 0 0 0 ALAN WHITE VP/RESEARCH & DATA ANALYTICS 195956 0 0 0 2410 0 12785 0 45420 0 256571 0 0 0 BARBARA MATEZ EVP & CFO 0 0 0 0 241995 0 0 0 11548 0 253543 0 0 0 ROBIN M GILBERT VP, PEOPLE & CULTURE 191390 0 0 0 9820 0 4799 0 12480 0 218489 0 0 0 PART I, LINE 4A BARBARA MATEZ RECEIVED $253,543 OF SEVERANCE IN 2024. PART II, COLUMN C: ASA MATCHES EMPLOYEES' CONTRIBUTIONS TO THE SECTION 403(B) PLAN UP TO A DISCRETIONARY PERCENTAGE SET ANNUALLY BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH IRS GUIDELINES AND LIMITS. AMOUNTS ACCRUED AT YEAR END ARE INCLUDED IN SCHEDULE J, PART II, COLUMN C. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY CBIZ ADVISORS, LLC OUR NATIONAL TAX SERVICES FIRM WITH INFORMATION PROVIDED BY THE ACCOUNTING MANAGER AND VICE PRESIDENT, HEAD OF FINANCE. THE FORM 990 IS REVIEWED BY THE ACCOUNTING MANAGER, VICE PRESIDENT, HEAD OF FINANCE, GENERAL COUNSEL AND THE PRESIDENT/CEO. THE FULLY COMPLETED FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL AND THEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS ELECTRONICALLY SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THE PERSON; HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN ADDITION, EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-ASSIGNED POWERS SHALL LIST HIS OR HER BUSINESS AFFILIATIONS, INCLUDING MEMBERSHIPS ON BOARDS OF OTHER NON-PROFIT INSTITUTIONS, AND SHALL ALSO DISCLOSE ANY BUSINESS RELATIONSHIPS THAT MEMBERS OF HIS OR HER FAMILY HAVE OR ARE SEEKING WITH AMERICAN STUDENT ASSISTANCE. HE OR SHE SHALL ALSO UPDATE THE STATEMENT AS APPROPRIATE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEWS FOR THE TOP MANAGEMENT OFFICIALS (PRESIDENT/CEO, EXECUTIVE VICE PRESIDENT AND CFO) AND MEMBERS OF SENIOR MANAGEMENT STAFF ARE CONDUCTED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. SENIOR MANAGEMENT STAFF CONSISTS OF ALL VICE PRESIDENTS AND MANAGING DIRECTORS OF THE ORGANIZATION. PERIODICALLY, AN IN-DEPTH MARKET BENCHMARKING STUDY IS COMPILED FOR EACH SENIOR STAFF POSITION, INCLUDING THE CEO AND CFO, UTILIZING PUBLISHED, INDEPENDENT, THIRD-PARTY COMPENSATION SURVEYS TO COMPARE CURRENT BASE SALARIES AND TOTAL COMPENSATION WITH THE SAME OR SIMILAR POSITIONS IN THE BOSTON GEOGRAPHIC AREA, IN SIMILAR-SIZED ORGANIZATIONS, PRIMARILY IN THE FINANCIAL SERVICES, EDUCATION AND NOT-FOR-PROFIT SECTORS. ON A BI-ANNUAL BASIS, A SEPARATE COMPENSATION ANALYSIS IS OBTAINED WITH COMPARATIVE MARKET DATA FROM AN INDEPENDENT COMPENSATION CONSULTANT. THIS COMPARABILITY DATA IS SYNTHESIZED INTO A DETAILED REPORT WITH THE MARKET RANGES AND EACH INCUMBENT'S POSITION IN THE RANGE AND INCLUDES COMPARATIVE BASE SALARY AND TOTAL COMPENSATION MARKET DATA. THIS REPORT IS PRESENTED TO THE PRESIDENT/CEO AND THE CFO WHO CONSIDER THE DATA AND MAKE DECISIONS REGARDING INDIVIDUAL SENIOR MANAGEMENT MERIT SALARY INCREASES. THE CEO PRESENTS THE FULL REPORT ALONG WITH THEIR PERFORMANCE REVIEWS AND SALARY RECOMMENDATIONS TO THE MEMBERS OF THE COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT BOARD MEMBERS. THE COMPENSATION COMMITTEE DISCUSSES THE CEO'S DECISIONS FOR SENIOR MANAGEMENT STAFF. THE CEO ALSO REVIEWS AND MAKES A MERIT SALARY INCREASE RECOMMENDATION FOR THE CFO, WHICH IS ALSO PRESENTED TO THE COMPENSATION COMMITTEE FOR THEIR REVIEW AND APPROVAL. THE FULL BOARD OF DIRECTORS USES THE COMPARATIVE MARKET DATA TO REVIEW AND ESTABLISH THE COMPENSATION OF THE PRESIDENT/CEO. ANY ANNUAL INCENTIVE BONUS PLANS, THOUGH DISCRETIONARY, ARE ALSO APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE AND ANY PAYOUTS ARE DETERMINED BY THE COMPENSATION COMMITTEE BASED ON THE RESULTS OF PREVIOUSLY ESTABLISHED GOALS AND CRITERIA, OVERALL COMPANY PERFORMANCE, COMPARISON TO MARKET DATA, AND SUBJECT TO AN ANNUAL CAP. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE RECORDED CONTEMPORANEOUSLY IN THE MEETING MINUTES WHICH ARE RECORDED AND PRESERVED BY THE SPECIAL ASSISTANT TO THE PRESIDENT, ALONG WITH THE ANALYSIS DATA. KEY EMPLOYEES ARE NOT INCLUDED IN THE ABOVE-DESCRIBED COMPENSATION APPROVAL PROCESS. THEY ARE INCLUDED IN THE OVERALL PROCESS WHICH INCLUDES EMPLOYEES UNDER THEIR MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ASA FUND I LLC 33 ARCH STREET SUITE 2100 BOSTON MA 02110 881527882 INVESTING AND HOLDING ASSETS MA 64838446 890123408 MHEAC NEXTGEN INSIGHTS GROUP LLC 33 ARCH STREET SUITE 2100 BOSTON MA 02110 372139806 MARKET RESEARCH MA 93581 1958269 MHEAC NETWORK FOR TEACHING ENTREPRENEURSHIP 120 WALL STREET 18TH FLOOR NEW YORK NY 10005 133408731 EDUCATIONAL PROGRAMS NY 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0