Total Registration, at the request of schools, administered two surveys this summer and fall to gage AP Stakeholders' (Administrators, Coordinators, Teachers, Students, Parents) thoughts on the College Board's planned, mandated Fall AP Exam Order Deadlines, Late Fees and Cancellation Fees. Across the board, AP Stakeholders agree the changes will not be beneficial to students, parents or schools. Furthermore, a large percentage remarked that the changes only seem to benefit the College Board. When asked "Why is the College Board making this change" more than 41% responded that the reason was for the College Board to make more money (see the survey results here). That begs the question: How much money does the College Board have, make, and spend? Do they need more money in order to implement the new changes. Below are the results of our research. All information was acquired through publicly accessible documents.
In 2017, the most recent audit available, the College Board had $1,111,851,000.00 in Cash and Investments. They hold over 1.1 BILLION dollars that can be used to finance any College Board related activity.
In fact, the past 10 years of IRS filings indicate that the College Board's profit as ranged from 4% to 20%. Which means, that after all expenses (salaries, exam materials, grading, etc.) the College Board keeps between 4 to 20 of every 100 dollars it takes in. How does it use the extra cash? Investments. In 2017 the College Board made $109,656,000.00 in investment income alone. Remember, as you review the information in the table below, the College Board is a 'Not-For-Profit'.
|# of AP
* Change in Accounting Year from Jul-June to Jan-Dec
Notice a trend? The College Board has increased revenue and cash & investments for 10 out 11 years as reported above (2008 is an exception, but if you invest you understand why). But don't just take our word for it, check out the College Board's 990s (an annual information return that most 501(c)(3) organizations claiming federal tax-exempt status must file yearly) on Pro Publica.
It is understandable that the positive changes the College Board is implementing for the 2019-2020 AP Exams, providing study resources and pre-printed materials for example, could be costly. However, it is clear they could dip into the more than $1,100,000,000 in cash and investments to cover the related expenses. So the question remains, why does the 'not-for-profit' College Board feel the need to take more money from AP families? Especially if one considers past actions as any indication of future behavior, the College Board would likely use the additional money they take from families to purchase investments and make even more money for the College Board.
Based upon the findings from the surveys and the examination of the College Board finances, some schools have determined that the College Board simply does not need any more money from their schools or families. Thus, they are resisting the implementations proposed for the 2019-2020 AP exams designed to increase the money collected by the College Board. A petition has been started to demand that the College Board change their plans for the 2019-2020 exams. If you feel the need to voice your plea for change on behalf of your AP stakeholders we recommend you do the following:
As a first year high school testing coordinator, at a fairly large school, I knew nothing about AP. A fellow coordinator had used Total Registration and encouraged me to do the same. I loved the ease of it and the reports I could run to help me with ordering, with free/reduced lunch waivers, counts, and communication with those registered. The kids could register at their convenience and parents could pay online. I hate to think of the record keeping I would have to do had I not used TR. It was a life saver.
As the AP Coordinator of a large suburban high school, I was saved this year by Total Registration. With budget cuts to our district (as many of yours), the sole responsibility for registering, administering, and paying for AP exams falls to me. In past years, I had to create and receive the registrations, write receipts by hand, create an Excel spreadsheet, and triple check that the exam order was correct. Completing all of the above and more, Total Registration gave me time to devote to other duties and made my life less stressful at the busiest time of year in school buildings. Thank you, TR!
THANK YOU FOR DOING THE PRE-PRINTED ANSWER SHEETS!!! It did save our AP teachers an enormous amount of time. We have each AP teacher complete answer sheets with their classes, and with them being printed it gave them instructional time back. It also prevented many errors because kids would always fill them out incorrectly. Keep up the great work, it did truly help with a huge job.
Total Registration's service is priceless. The time it saves and the stress it relieves is worth its weight in gold. We use TR for PSAT and AP, and look forward to using it for IB registration in 2015. The ease of the TR site and support team really makes registration, correspondence, reports, accounting, and the entire process seamless.
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We have used Total Registration for two years now and it has been an outstanding experience. We have a large AP program and Total Registration has saved me hours since I no longer have to enter all of the test registration information on spreadsheets. They have reports for things that you don't even realize you need, but have been very useful. If I have any problems, questions or suggestions, they are very quick to help and respond. They are very knowledge about the AP program and very customer focused.
I can't ever imagine having our AP registration without Total Registration.