The College Board is designated as a 'Not-For-Profit' by the IRS but does generate "excess revenue" (revenue - expenses). That begs the question: How much money does the College Board have, make, and spend? Total Registration has researched the College Board's finances using publically accessible financial records. Through this research we have discovered the College Board generated excess revenue, most companies call this profit, for the past 15 years.
In 2021, the most recent audit available, the College Board had $1,669,268,522 in Cash and Investments. They hold over 1.66 BILLION dollars that can be used to finance any College Board related activity.
9 of the past 10 years of IRS filings indicate that the College Board's profit as ranged from 4% to 13%. Which means, that after all expenses (salaries, exam materials, scoring, etc.) the College Board keeps between 4 to 13 of every 100 dollars it takes in. How does it use the extra cash? Investments. In 2021 the College Board had $222,220,387.00 in investment gains alone.
|# of AP
1Data from a June 6, 2022, Price Waterhouse Cooper Audit (https://facdissem.census.gov/Main.aspx, Search for Single Audits, Auditee Name - College Board). This infromation will be updated when the 2020 Form 990 is available.
* Change in Accounting Year from Jul-June to Jan-Dec
The College Board has increased cash & investments for 14 out 15 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.
This was my second year as the AP Coordinator and I love Total Registration! I would not have made it through my first year without using TR, and I found I needed it just as much this year. Everything works—the student registration is so easy, Total Registration collects all the money and our business office loves that part! All of the reports are very helpful, including room rosters and seating charts to print. TR also sends reminders about due dates, like when to order the tests! Everything to keep me on track. The service also emails and texts the students and parents their exam schedules as a reminder. Customer service is excellent, I always hear back within an hour or so to get answers to my questions, and they are always trying to make things easier for us. I will only run my AP exams with Total Registration!
We don't know how we would have survived ordering our AP Exams today without our ability to reconcile our Total Registration and College Board data. Total Registration has been invaluable to our AP Program.
THANK YOU. We would NOT have made it through the new fall AP Exam Ordering without you. Period. We knew we could rely on you and you came through. You are reliable, responsive, helpful, and fabulous. We tell everyone we know you use your services.
As a brand new coordinator, the communication has been impeccable! Responses are fast, efficient, and very helpful with links to corresponding answers. They have made my life so much easier!
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.