2025-05-15T11:08:38-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2023-07-01 271255674 NATL STUDENT CLEARINGHOUSE RESEARCH CENTER NATL 7037424200 2300 DULLES STATION BLVD 220 HERNDON VA 20171 ANDREW SICLARI CHIEF FINANCIAL OFFICER 7037424201 2025-05-15 1 1 MARY TORRETTA P00847851 7038477500 2023 2025-03-06 01:10:19Z DOUGLAS SHAPIRO 2300 DULLES STATION BLVD 220 HERNDON VA 20171 3206699 0 X WWW.NSCRESEARCHCENTER.ORG X 2009 VA TO SUPPORT THE EDUCATION & RESEARCH PROGRAMS & ACTIVITIES OF NATIONAL STUDENT CLEARINGHOUSE. 8 8 0 8 0 0 5145789 3152378 125115 0 33644 54321 0 0 5304548 3206699 0 0 0 0 4206121 4805590 0 0 0 5549842 2770702 9755963 7576292 -4451415 -4369593 2858792 3495413 26746039 31752253 -23887247 -28256840 TO SUPPORT THE EDUCATION AND RESEARCH PROGRAMS AND ACTIVITIES OF NATIONAL STUDENT CLEARINGHOUSE. 0 0 6016654 0 0 NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER (NSCRC) MAINTAINS, ENHANCES, AND IMPROVES A NATIONAL PLATFORM FOR POST SECONDARY INSTITUTIONAL RESEARCH, ACCOUNTABILITY AND SUSTAINABLE CONTINUOUS IMPROVEMENT. 6016654 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 8 8 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 SHARON MORRISEY BOARD CHAIR 1.00 1.00 X 0 0 0 DR CARISSA MOFFAT MILLER BOARD VICE CHAIR 1.00 1.00 X 0 0 0 DR DEBRA CHROMY DIRECTOR 1.00 1.00 X 0 0 0 DR THOMAS BROCK DIRECTOR 1.00 0.00 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 MARY CHAPIN SECRETARY 5.00 35.00 X 0 457124 35211 DR DOUGLAS SHAPIRO EXECUTIVE DIRECTOR 35.00 5.00 X 0 333342 34353 ERIN SERAYDIAN CFO & TREASURER (BEG 7/23 THRU 3/24) 5.00 35.00 X 0 311458 51269 SANDHYA JHA TECHNICAL LEAD 40.00 0.00 X 0 180607 48844 PURAN CHAUHAN ENGINEER, QUALITY ASSURANCE 40.00 0.00 X 0 179630 18621 NICOLE WEST 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. 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 29619619 29619619 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 MARY CHAPIN SECRETARY 0 380074 0 66930 0 10120 0 33000 0 2211 0 492335 0 0 DR DOUGLAS SHAPIRO EXECUTIVE DIRECTOR 0 284248 0 40375 0 8719 0 33000 0 1353 0 367695 0 0 ERIN SERAYDIAN CFO & TREASURER (BEG 7/23 THRU 3/24) 0 270175 0 40105 0 1178 0 28183 0 23086 0 362727 0 0 MICHAEL KETCHAM FORMER TREASURER 0 267356 0 66930 0 1792 0 17222 0 2801 0 356101 0 0 SANDHYA JHA TECHNICAL LEAD 0 171417 0 4637 0 4553 0 18479 0 30365 0 229451 0 0 NICOLE WEST SR. ARCHITECT CLOUD DATA 0 177563 0 2764 0 855 0 18327 0 12283 0 211792 0 0 RAMASUBRAMANIAN SUDALAI SR. ENGINEER CLOUD DATA 0 156055 0 2562 0 968 0 16806 0 29985 0 206376 0 0 PURAN CHAUHAN ENGINEER, QUALITY ASSURANCE 0 168398 0 3449 0 7783 0 14959 0 3662 0 198251 0 0 BRENDAN KERR SR. SOFTWARE ENGINEER 0 156540 0 4074 0 1147 0 16315 0 12010 0 190086 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: NATIONAL STUDENT CLEARINGHOUSE ("NSC"), A RELATED ORGANIZATION, REPORTED ISSUING 422 FORMS W-2 ON ITS 2023 FORM W-3; HOWEVER, OF THIS AMOUNT, 83 NSC EMPLOYEES PERFORMED WORK FOR GRANTS RECEIVED FROM NSCRC. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE OCTOBER 2023, NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER AMENDED AND RESTATED ITS ARTICLES FOR THE FOLLOWING SIGNIFICANT CHANGES: - ADDED LANGUAGE IN ARTICLE V STATING THAT THE LENGTH OF A DIRECTOR'S TERM SHALL BE THREE YEARS, EACH DIRECTOR SHALL BE ELIGIBLE FOR RE-ELECTION AS PROVIDED IN THE BYLAWS, DIRECTOR TERMS WILL BE STAGGERED WITH THE BOARD DIVIDED INTO THREE GROUPS OF DIRECTORS EACH OF WHICH SHALL: (I) CONSIST OF DIRECTORS UP FOR ELECTION (OR RE-ELECTION AS THE CASE MAY BE) IN THE SAME YEAR, AND (I) CONTAIN UP TO 4 BUT NO FEWER THAN 2 DIRECTORS. - DELETED PRIOR ARTICLE VIII WHICH NOTED THE INITIAL REGISTERED OFFICE AND INITIAL REGISTERED AGENT OF THE RESEARCH CENTER, FROM BACK IN 2009. THIS PROVISION WAS OUTDATED AND NO LONGER NECESSARY. - DELETED PRIOR ARTICLES IX WHICH NOTED THE INITIAL INCORPORATOR OF THE RESEARCH CENTER, FROM BACK IN 2009. THIS PROVISION WAS OUTDATED AND NO LONGER NECESSARY. EFFECTIVE JUNE 2024, NATIONAL STUDENT CLEARINGHOUSE RESEARCH CENTER AMENDED AND RESTATED ITS ARTICLES FOR THE FOLLOWING SIGNIFICANT CHANGES: PRIOR TO THIS CHANGE, THE PURPOSE OF THE NSCRC WAS STATED AS BEING "CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE CODE), INCLUDING BUT NOT LIMITED TO SUPPORTING THE EDUCATION AND RESEARCH PROGRAMS AND ACTIVITIES OF THE NATIONAL STUDENT CLEARINGHOUSE." (EMPHASIS ADDED). THE CHANGE REPLACED THE WORDS "INCLUDING BUT NOT LIMITED TO" WITH "SPECIFICALLY BY" SO THAT IT IS CLEAR THAT THE SOLE PURPOSE OF THE NSCRC IS TO SUPPORT THE EDUCATION AND RESEARCH PROGRAMS AND ACTIVITIES OF THE NATIONAL STUDENT CLEARINGHOUSE. 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 AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. IN ACCORDANCE WITH 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. 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 1052941 COST NATIONAL STUDENT CLEARINGHOUSE O 506697 COST