EIN 13-1623965

College Board

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
NTEE code, primary
The College Board is a non-profit organization that clears a path for all students to own their future through the Advanced Placement Program, the SAT, Official SAT Practice on Khan Academy, BigFuture, and more.
Also known as...
College Entrance Examination Board
Total revenues
Total expenses
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Num. employees

Program areas at College Board

AP, Instruction and Personalized Practice The College Board's unique instruction offerings play a key role in preparing students for success in college and career. SpringBoard: SpringBoard is an instructional program for grades 6-12 in English Language Arts (ELA) and Mathematics. The program features student materials, teacher resources, and formative and summative assessments, as well as professional learning for teachers and administrators. SpringBoard is in complete alignment with state standards, Advanced Placement (AP) coursework, and the SAT Suite of Assessments. Advanced Placement Program: Founded in 1955, the Advanced Placement Program gives students the opportunity to take college-level coursework in high school. Students who succeed on AP Exams are more likely to succeed in college and can potentially earn valuable college credit and advanced placement. More than 1.24 million students in the class of 2019 took 4.26 million AP exams in public high schools nationwide. In the 2019-20 school year, the AP Program provided students, teachers, and administrators with free resources, supports, and feedback throughout the year. These resources help schools target instruction, provide practice opportunities, and streamline the administrative aspects of giving AP Exams. Pre-AP: three courses were added for the 2020-21 school year. The program empowers all students to learn, grow, and build confidence through focused course frameworks, engaging instructional resources, learning checkpoints, and collaborative educator workshops. Pre-AP courses support all students across varying levels of abilities, challenging them to build relevant, interdisciplinary critical thinking skills through horizontal alignment across courses. AP Potential: AP Potential is a free, web-based tool that helps educators increase access to AP by using SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9 score data to identify students with the potential to succeed in AP.
College & Career Opportunities & Enrollment The College Board is increasing opportunities and breaking down barriers to college through expanded access to AP courses, other credit-awarding opportunities, scholarships, and fee waivers for all who need them. CLEP: The College-Level Examination Program (CLEP), the most widely trusted college-based credit-by-examination program for over 50 years, is accepted by 2,900 colleges and universities and is administered in over 2,000 test centers. CLEP increases opportunities for students by enabling them to earn college credit by demonstrating knowledge they've gained in other settings, such as workforce training and life experience. CLEP exams can save money and time for students of all ages and backgrounds, including students enrolled in dual-enrollment or continuing education programs, homeschooled students, international students, and transfer students. Members of the military and their families can also take advantage of the financial savings CLEP offers; through a College Board partnership with the Defense Activity for Non-traditional Education Support (DANTES), military personnel can take CLEP exams for free. Students may take any of 34 examinations in five subject areas, covering material usually taught in a two-year degree program or the first two years of a four-year program. College Board Opportunity Scholarships: In December 2018, the College Board introduced a national scholarship program that guides students through the college planning process and offers them multiple chances to earn money for college. Students have a chance to earn between $500 and $2,000 for each of six steps they complete. If they complete all the steps, they have a chance to win $40,000 for their college education. Since its launch, more than 500,000 students from all 50 states have joined the College Board Opportunity Scholarships program. Expanded Scholarship Opportunities: When students take the PSAT/NMSQT or the PSAT 10 and say "yes" to the College Board's Student Search Service, this allows scholarship providers to find them. The College Board will also connect students to its 19 scholarship partners, who offer more than $300 million in annual rewards to qualified students based on merit and financial need. Among the organizations that the College Board works with are the American Indian Graduate Center (AIGC), the Asian & Pacific Islander American Scholarship Fund (APIASF), the Cobell Scholarship (awarded by Indigenous Education, Inc.), the Hispanic Scholarship Fund (HSF), the Jack Kent Cooke Foundation (JKCF), and the United Negro College Fund (UNCF). By using information from the PSAT/NMSQT and PSAT 10 to enhance recruitment efforts, AIGC, APIASF, Cobell, HSF, JKCF, and UNCF are able to access a wider group of eligible students from high schools across the country and make sure students are aware of the opportunities they've earned. Our scholarship partners include: * American Indian Graduate Center * Asian & Pacific Islander American Scholarship Fund * Boettcher Foundation * Children of Fallen Patriots * Cobell Scholarship (awarded by Indigenous Education, Inc.) * Coca-Cola Scholars Fund * Daniels Fund * The Gates Scholarship * George Snow Scholarship Fund * Greenhouse Scholars * Hispanic Scholarship Fund * Horatio Alger Association * Jack Kent Cooke Foundation * The Jackie Robinson Foundation * Marine Corps Scholarship Foundation * Ron Brown Scholar Program * TheDream.US * United Negro College Fund * Washington State Opportunity Scholarship Fee Waivers: The College Board contributes approximately $134 million in fee waivers to students each year. Every student eligible for an SAT fee waiver has easy access to a full set of SAT fee waiver benefits. Student Search Service: The Student Search Service introduces students to higher education and financial aid opportunities by providing a way for them to give personal and preferential information to colleges and scholarship programs that are looking for students like them-all at no cost to the student. Research shows a connection between opting in to Student Search Service and subsequent college enrollment. The probability of a student from an underrepresented group enrolling increases dramatically when they provide their name and colleges reach out to them. * African American students (46%) * First-generation students (49%) * Low-SES students (42%) Students can opt in to participate in Student Search Service when they take a College Board assessment, or at any time when they visit the College Board's BigFuture website. CSS Profile: The CSS Profile is used by nearly 400 organizations to help manage the financial aid process efficiently and equitably, and to award need-based aid to the students who need it most. The CSS Profile fee waiver program makes it possible for low-income applicants to apply for aid at an unlimited number of schools, free of charge. Focus on STEM Disciplines: The College Board is expanding career opportunity by giving students better planning tools and helping them develop the skills that matter most for jobs of the future, including those in the fields of science, technology, engineering, and math (STEM). STEM disciplines are essential to our nation's ability to compete in the global marketplace. The math and analysis questions on the SAT are grounded in science, social science, career scenarios, and other real-world contexts. AP Computer Science Principles: In fall 2016, the College Board launched AP Computer Science Principles (AP CSP) with the goal of giving all students, especially those who are traditionally underrepresented in the computer science field, tools and opportunities to be successful in today's workforce. AP CSP was the biggest course launch in the history of the AP Program. Landscape: In fall 2019, the College Board launched Landscape, a comprehensive resource that provides consistent high school and neighborhood information so admissions officers can fairly consider each student, no matter where they live.
Focused Assessments The College Board's SAT Suite of Assessments makes it easier for students to show their best work. The SAT Suite, which includes the SAT, PSAT/NMSQT, PSAT 10, and PSAT 8/9, measures what students are learning in class and what they'll need to succeed in college and career. It also connects students with fee waivers, scholarship opportunities, free personalized practice, and college and career planning tools. In addition, the SAT Suite provides benchmarks and consistent feedback for measuring student progress over time, allowing teachers to accelerate students who are ahead and help those who are behind. The College Board's SAT School Day program makes it easier for more students to take the SAT. It allows states, districts, and schools to offer students the opportunity to take the SAT at their school, during a regular school day, at no cost to the students. More than 2.2 million students in the class of 2019 took the SAT at least once during high school-the largest SAT cohort in history. The College Board also offers the College-Level Examination Program (CLEP) to help students of all ages and backgrounds earn college credit by demonstrating their mastery of college-level material. CLEP is the most widely accepted credit-by-examination program, accepted at 2,900 colleges and universities.

Grants made by College Board

GranteeGrant descriptionAmount
Spelman CollegeScholarship$100,000
Foundation for Excellence in Education (ExcelinEd)Sponsorship$100,000
The Rural School and Community TrustSponsorship$100,000
...and 55 more grants made totalling $1,588,560

Who funds College Board

Grants from foundations and other nonprofits
National Merit Scholarship CorporationPreliminary Sat/national Merit Scholarship Qualifying Test$3,239,240
Melmac Education FoundationPsat Grant$206,331
We Charity William C Moran and Association PCEducation Programs$100,000
Federal funding details
Federal agencyProgram nameAmount
Department of EducationEDUCATIONAL OPPORTUNITY CENTERS$946,242
...and 4 more federal grants / contracts

Personnel at College Board

David ColemanChief Executive Officer and Trustee$1,418,038
Stefanie SanfordChief of Global Policy , Advocacy and Communications$487,765
Jeff OlsonVice President , Chief Data Officer$391,374
Theresa ShawSenior Vice President and Chief Information Officer$525,780
James MontoyaSecretary and Chief of Membership , Governance , and Global Higher Ed$491,336
...and 9 more key personnel

Financials for College Board

RevenuesFYE 12/2019
Total grants, contributions, etc.$10,380,203
Program services$1,049,403,797
Investment income and dividends$12,247,809
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-523,969
Net gain from sale of non-inventory assets$36,389,367
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,107,897,207

Form 990s for College Board

Fiscal year endingDate received by IRSFormPDF link
2019-122021-02-26990View PDF
2018-122020-01-27990View PDF
2017-122018-12-22990View PDF
2016-122017-12-21990View PDF
2015-122017-03-01990View PDF
...and 6 more Form 990s

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Data update history
September 21, 2021
Received grants
Identified 1 new grant, including a grant for $206,331 from Melmac Education Foundation
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
May 24, 2021
Used new vendors
Identified 4 new vendors, including , , , and
April 29, 2021
Posted financials
Added Form 990 for fiscal year 2018
April 8, 2021
Updated personnel
Identified 7 new personnel
Nonprofit Types
Professional associationsBusiness and community development organizationsSchoolsEducational service providersCharities
EducationCommunity improvementBusiness and industry
Political advocacyLobbyingOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
250 Vesey Street
New York, NY 10281
Metro area
New York-Newark-Jersey City, NY-NJ-PA
New York County, NY
Website URL
(212) 713-8000
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
B90: Educational Services
NAICS code, primary
813920: Professional Associations
Parent/child status
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