Aacsb International The Association To Advance Collegiate Schools Of
- Assets
- $26.7m
- Revenue
- $19.8m
- Investments
- $0.0
- Employees
- 88
- Location
- Tampa, FL
- Founding
- 04/1970
- Data as of
- 06/2020
- EIN
- 43-6036286
Organization Overview
Aacsb International The Association To Advance Collegiate Schools Of is located in Tampa, FL. The organization was established in 1970. As of 06/2021, Aacsb International The Association To Advance Collegiate Schools Of employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aacsb International The Association To Advance Collegiate Schools Of is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Aacsb International The Association To Advance Collegiate Schools Of generated $19.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $21.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aacsb International The Association To Advance Collegiate Schools Of has awarded 21 individual grants totaling $802,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCES EXCELLENCE IN COLLEGIATE BUSINESS EDUCATION THROUGH WORLD CLASS ACCREDITATION.
Describe the Organization's Program Activity:
LEARNING AND DEVELOPMENT SERVICES - CONTRIBUTES TO THE IMPROVEMENT OF ADMINISTRATION, TEACHING, AND RESEARCH IN HIGHER EDUCATION BY PROVIDING INFORMATION AND TRAINING TO BUSINESS SCHOOL ADMINISTRATORS, EDUCATORS, AND GENERAL PUBLIC ON RELEVANT TOPICS.
ACCREDITATION - ENSURES QUALITY IN COLLEGIATE SCHOOLS OF BUSINESS BY ESTABLISHING CERTAIN MINIMUM STANDARDS BY WHICH INSTITUTIONS ARE EVALUATED THROUGH A VOLUNTARY PEER REVIEW PROCESS. SERVICE IS AVAILABLE TO ANY COLLEGE OFFERING A BACHELOR'S/GRADUATE DEGREE IN BUSINESS.
BIZED MAGAZINE IS THE LEADING VOICE OF BUSINESS EDUCATION AND PROVIDES TIMELY NEWS, EXPERT ADVICE, AND INSIGHTFUL FEATURES ON BUSINESS EDUCATION FROM LEADING AUTHORS, EDUCATORS, AND PRACTITIONERS. AACSB INTERNATIONAL PUBLISHES BIZED MAGAZINE SIX TIMES EACH YEAR.
BUSINESS EDUCATION INTELLIGENCE, ADVOCACY, AND BUSINESS EDUCATION ALLIANCE
LEARNING AND DEVELOPMENT SERVICES - CONTRIBUTES TO THE IMPROVEMENT OF ADMINISTRATION, TEACHING, AND RESEARCH IN HIGHER EDUCATION BY PROVIDING INFORMATION AND TRAINING TO BUSINESS SCHOOL ADMINISTRATORS, EDUCATORS, AND GENERAL PUBLIC ON RELEVANT TOPICS.
ACCREDITATION - ENSURES QUALITY IN COLLEGIATE SCHOOLS OF BUSINESS BY ESTABLISHING CERTAIN MINIMUM STANDARDS BY WHICH INSTITUTIONS ARE EVALUATED THROUGH A VOLUNTARY PEER REVIEW PROCESS. SERVICE IS AVAILABLE TO ANY COLLEGE OFFERING A BACHELOR'S/GRADUATE DEGREE IN BUSINESS.
BIZED MAGAZINE IS THE LEADING VOICE OF BUSINESS EDUCATION AND PROVIDES TIMELY NEWS, EXPERT ADVICE, AND INSIGHTFUL FEATURES ON BUSINESS EDUCATION FROM LEADING AUTHORS, EDUCATORS, AND PRACTITIONERS. AACSB INTERNATIONAL PUBLISHES BIZED MAGAZINE SIX TIMES EACH YEAR.
BUSINESS EDUCATION INTELLIGENCE, ADVOCACY, AND BUSINESS EDUCATION ALLIANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Mescon Evp, Chief Officer Emea | Officer | 40 | $438,931 |
Thomas R Robinson President And CEO | OfficerTrustee | 40 | $395,117 |
Neil Bosland Evp, Chief Operating And Financial Officer | Officer | 40 | $330,833 |
Stephanie Bryant Evp, Chief Accreditation Officer | Officer | 40 | $307,150 |
Annie Lo Former Svp, Chief Officer Asia Pacific | 0 | $299,238 | |
Michael Wiemer Svp, Chief Officer Americas | 40 | $221,891 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stevens Institute Of Technology Dtag Macude Project | 6/29/20 | $500,000 |
Verndale Web Hosting And Consulting | 6/29/20 | $422,882 |
Sheraton Vancouver Conference Hosting | 6/29/20 | $282,143 |
Trianz Managed It And Consulting | 6/29/20 | $278,750 |
Protech Associates Inc Saas Hosting | 6/29/20 | $272,468 |
Stevens Institute Of Technology Dtag Macude Project | 6/29/20 | $500,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,688,385 |
| Investment income | $460,561 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$145,007 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,798,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $35,301 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,750,415 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,341,703 |
| Pension plan accruals and contributions | $482,631 |
| Other employee benefits | $1,962,986 |
| Payroll taxes | $488,371 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $127,940 |
| Fees for services: Accounting | $54,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,990 |
| Fees for services: Other | $833,513 |
| Advertising and promotion | $781,545 |
| Office expenses | $100,709 |
| Information technology | $1,969,649 |
| Royalties | $0 |
| Occupancy | $1,130,325 |
| Travel | $794,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,952,167 |
| Interest | $9,101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $698,594 |
| Insurance | $134,890 |
| All other expenses | $0 |
| Total functional expenses | $21,353,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,611,529 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,379 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $471,988 |
| Investments—publicly traded securities | $20,977,915 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,400 |
| Total assets | $26,741,795 |
| Accounts payable and accrued expenses | $3,435,695 |
| Grants payable | $0 |
| Deferred revenue | $8,496,091 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,356,097 |
| Other liabilities | $0 |
| Total liabilities | $13,287,883 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $13,453,912 |
Grants Awarded
Over the last fiscal year, Aacsb International The Association To Advance Collegiate Schools Of has awarded $245,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Montvale, NJ PURPOSE: SUPPORT FOR THE PHD PROJECT | $107,500 |
Montvale, NJ PURPOSE: SUPPORT FOR THE PHD PROJECT | $107,500 |
Saint Louis, MO PURPOSE: SUPPORT FOR THE GLOBAL LEADERSHIP SUMMIT | $10,000 |
Saint Louis, MO PURPOSE: SUPPORT FOR THE GLOBAL LEADERSHIP SUMMIT | $10,000 |
Albany, GA PURPOSE: SUPPORT HBCU INITIATIVES | $5,000 |
Albany, GA PURPOSE: SUPPORT HBCU INITIATIVES | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aacsb International The Association To Advance Collegiate Schools Of has recieved totaling $28,500.
| Awarding Organization | Amount |
|---|---|
Graduate Management Admission Council Reston, VA PURPOSE: PROMOTING GMAC PRODUCTS, SERVICES, AND RESEARCH AND PROVIDING INDUSTRY SUPPORT. | $28,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aacsb International The Association To Advance Collegiate Schools Of Tampa, FL | $26,741,795 | $19,798,061 |
City College Inc Fort Lauderdale, FL | $20,687,761 | $13,381,899 |
American Association For Physician Leadership Inc Tampa, FL | $6,075,015 | $8,554,769 |
International Business Innovation Association Inc Orlando, FL | $924,448 | $1,460,550 |
Jones College Inc Jacksonville, FL | $3,930,525 | $47,456 |