SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public
Inspection
Name of the organization
College Entrance Examination Board
 
Employer identification number

13-1623965
Return Reference Explanation
CoreFormPartIII_PartIIILine4d Description of other program services (Expenses $ 81,701,035 including grants of $ 22,777)(Revenue $ 8,268,279) OTHER SERVICES: -RESEARCH & ADVOCACY- THE COLLEGE BOARD'S RESEARCH AND ADVOCACY EFFORTS ARE RELATED PRIMARILY TO THE AREAS OF: COLLEGE PREPARATION AND ACCESS, COLLEGE AFFORDABILITY AND FINANCIAL AID, COLLEGE ADMISSION AND COMPLETION, AND THE IMPORTANCE OF TEACHERS AND SCHOOL COUNSELORS. -MEMBERSHIP- THE COLLEGE BOARD WORKS TO STRENGTHEN RELATIONSHIPS AMONG MEMBERS TO ACHIEVE OUR SHARED GOALS. THROUGH PROGRAMS, SERVICES AND LARGE-SCALE CONFERENCES, THE COLLEGE BOARD SEEKS TO FOSTER COMMUNITY, EXPAND KNOWLEDGE AND ENHANCE THE PROFESSION. PUERTO RICO AND LATIN AMERICA - ASSESSMENT AND EDUCATIONAL SERVICES.
Form 990, Part VI, Line 6 Classes of members or stockholders The College Board is a membership corporation chartered by the NYS Board of Regents whose members are institutions, systems, organizations and agencies engaged in or serving post-secondary/higher and secondary education and working to support preparation for and transition to post-secondary /higher education.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Members elect 30 of the 31 members of the governing body, the Board of Trustees, by appointing delegates who represent them at meetings of the College Board, Regional Assemblies, and National Assemblies as follows: 9 Trustees are elected by 6 Regional Assemblies, 6 Trustees are elected by 3 National Assemblies, and 15 Trustees are elected at-large nationally. The President is appointed by the Trustees.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders If the governing board proposes an amendment of the corporate Charter or bylaws, a two-thirds vote of the members is required to approve the proposed amendment. Members may also suspend the Bylaws with a unanimous vote when a quorum is present at a meeting.
Form 990, Part VI, Line 11b Review of form 990 by governing body The 990 is reviewed by the Tax Director, the College Board's public accounting firm, the Chief Accounting Officer, members of the senior management team, and the Audit Committee of the Board of Trustees before it is provided to the Board of Trustees for approval.
Form 990, Part VI, Line 12c Conflict of interest policy Annual Disclosure Statement - Each year, the College Board Office provides the Trustees, Officers, and Executive Directors "Guidelines for Avoiding Conflicts of Interest, Maintaining Confidentiality, and Barring Insider Trading" and requires them to sign annual disclosure statements, which are reviewed by the College Board Offices of the Secretary and General Counsel. The College Board Employee Handbook ("Handbook") sets forth the College Board policies on conflicts, which require employees to report actual and potential conflicts in writing. A violation will result in immediate discipline, up to and including immediate termination. Ethics and Compliance Reporting System is an additional mechanism for both employees and non-employees to raise concerns in an anonymous and confidential manner through an internet based ethics and compliance reporting system and call center. Reports submitted are reviewed by the College Board Office of the General Counsel.
Form 990, Part VI, Line 15a Process to establish compensation of top management official Compensation for officers and top management is reviewed annually by an external consulting firm and by the Trustee Committee on Human Resources and Compensation.
Form 990, Part VI, Line 15b Process to establish compensation of other employees Compensation for officers and top management is reviewed annually by an external consulting firm and by the Trustee Committee on Human Resources and Compensation.
Form 990, Part VI, Line 19 Required documents available to the public The College Board complies with all laws requiring public disclosure of governing documents, conflict of interest policies, and financial statement reporting. The College Board's Bylaws, Charter, and Assembly Governance Plans are available at collegeboard.org.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Release of temporarily restricted net assets - -1926071;
Form 990, Part XII, Line 3b Reason organization did not undergo required audit Accounting period change resulted in a short period not required to be audited. Audit will be performed for 18 months ended 12/31/15.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2014

Additional Data


Software ID: 14000329
Software Version: 2014v1.0