Thanks to hefty profits, the President of the College Board makes over $1 million dollars a year while several of its executives make $300,000 – $500,000 a year in salary and benefits. Those are some great non-profit salaries! As a non-profit, this compensation structure seems egregious.
How much does CEO of College Board make?
Exorbitant Officer CompensationCEO Gaston Caperton is being compensated $872,061 per year. That is more than twice the President of the United States’s annual salary of $400,000. CollegeBoard’s 23 executives make an average of $355,271 per year. These salaries are far too high for a non-profit company.
What is ETS worth?
The biggest organization of the three big testing non-profits in terms of revenues is the ETS, with $1.14 billion in revenues and $1.11 billion in expenses, according to the 2013 tax form. It’s total assets were $941,669,696, less than the College Board’s, which were more than $1 billion.
Does CollegeBoard make money?
The College Board is a non-profit, but one with a yearly revenue of more than $750 million, according to the group’s most recent publicly available 990 form.
How is college board not-for-profit?
The College Board does not spend the majority of its profits on education; rather, it exploits the non-profit system and overpays its highest ranking employees. … So, they may qualify as a nonprofit, but they sure do seem to accumulate a lot of wealth.
What is Jeremy Singer salary?
Executives Listed on Filing
|Jeremy Singer||CHIEF OPERATING OFFICER||$864,661|
|Theresa Shaw||SENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICER||$529,021|
|Trevor Packer||SVP, AP PROGRAMS||$526,359|
|Peter Schwartz||CHIEF RISK OFFICER & GENERAL COUNSEL||$507,607|
Why is the SAT so expensive?
One reason wealthier students get higher SAT scores is because they can afford to take the test several times, which has been known to increase a students’ score. The cost to take the SAT during the 2018-2019 school year was about $47.50 for the basic test and $64.50 to take the test with the full essay section.
Are ETS and College Board the same?
What is ETS’s relationship to the College Board ®? The College Board sponsors the SAT ®, the Advanced Placement Program ® Exams and other testing programs and decides how they will be constructed, administered and used. ETS develops and administers these tests on behalf of the College Board.
What percentage of students get a 5 on AP World History?
AP Score Distributions
|AP United States Government and Politics||15.5%||16.5%|
|AP United States History||13%||19.2%|
|AP World History||9.2%||22.8%|
How many students took AP exams in 2020?
Despite the global impact of the covid-19 pandemic, 1.21 million students in the class of 2020 took 4.1 million exams, a slight decrease from the class of 2019, where 1.24 million students took 4.26 million exams.
How much do college board employees make?
The average employee at College Board earns a yearly salary of $64,194 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at College Board are senior director, manager, enterprise systems, executive director, and director, strategic marketing.
What’s wrong with the College Board?
Problem #1: The College Board is classified as a not-for-profit organization under the national tax code. The organization promotes this label, while exploiting high schoolers’ anxiety about college admissions. It makes $840 million per year.
Why do AP exams cost so much?
When students take two or more AP classes a year, they are obliged to shell out hundreds of dollars to essentially boost their GPA. Also, while financial aid is available to students with low income backgrounds, the maximum reduction is only thirty two dollars, meaning they still have to pay sixty two dollars per exam.
Can you donate to College Board?
College Board is a 501(c)(3) organization, with an IRS ruling year of 1942, and donations are tax-deductible.