NonprofitsNational Student Clearinghouse

Education

National Student Clearinghouse

HERNDON, VA

Total revenue

$102.5M

Total expenses

$99.1M

Net assets

$45.7M

Grants received

$1.4M

7 grants

EIN

521836384

Tax year

2023

Mission

To serve education & workforce communities with trusted data, related services, & insights.

Programs

3 programs

Enrollment reporting services - see schedule oenrollment reporting services: the national student clearinghouse was established in 1993 to meet a specific need in the us education system. Since then, on behalf of participating post-secondary institutions enrolling 97% of the us student population, the national student clearinghouse has completed all required student loan enrollment verification activities. All related student verification records were reported to the us department of education, all state and non-profit guarantee agencies, and the student loan servicing organizations. This has resulted in a reduced administrative workload, more prompt and accurate reporting of deferments, improved service to students and financial aid providers, elimination of manual student loan-based verifications, greater enrollment reporting and record-keeping efficiency, and decreased loan delinquency and default rates.

Expenses: $8.6M

Degree verification services - see schedule odegree verification services:participating post-secondary institutions have authorized the national student clearinghouse to maintain a comprehensive degree database, for the purpose of enhancing education information accuracy and eliminating fraud. As an agent of these institutions, the clearinghouse is authorized to provide limited access to the portions of this data that verify degree attainment for.:1) other post-secondary institutions and higher education organizations so that they could comply with the u.s. Department of education-mandated performance reporting.2) employers so that institutions can support the transition of students and graduates to gainful employment.3) providers of benefits to graduates that is dependent on a graduate's status.

Expenses: $21.5M

Research services:on behalf of participating post-secondary institutions, national student clearinghouse is authorized to maintain a database of the college enrollment and degree data for approximately 3,600 participating colleges and universities which enables administrators at high schools, colleges and universities, and other education organizations to access student data to perform educational research and analyses. Research services also performs analysis on these data based on customer-defined requirements to further the assessments made regarding the success of various academic programs at the local, state, and national levels; enable mandatory state and federal outcomes reporting; and facilitate improvement to the quality of the k-20 education system.enrollment verification services:the national student clearinghouse is authorized by participating post-secondary institutions to maintain a comprehensive enrollment database. As their agent, it provides limited access to verify student records to providers of benefits to students and graduates dependent on enrollment status. This helps to preserve the integrity of the education system by eliminating fraud. The process automates all enrollment verifications for credit grantors, travel companies, computer hardware and software resellers. This improves efficiency and student service and reduces fraudulent student status claims. The service is free for institutions and is ferpa compliant.

Expenses: $16.1M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$98.7M
Investment income$2.2M
Other revenue$1.6M
Total revenue$102.5M

Expenses

Grants paid$18K
Salaries & benefits$60.0M
Fundraising
Other expenses$39.1M
Total expenses$99.1M
Total assets$98.1M
Net assets$45.7M

People

33 listed

NameRoleCompensation

RICARDO D TORRES

PRESIDENT AND CEO

Board

$984K

40 hrs/wk

MARY CHAPIN

VP & CHIEF LEGAL OFC, CORP SEC

Board

$457K

35 hrs/wk

GEORGE LEVATHES

VP, COMPLIANCE & OPS (THRU 12/23)

Board

$431K

40 hrs/wk

BRIDGET SEDLOCK

CHIEF PEOPLE OFFICER

Board

$389K

40 hrs/wk

LAWRENCE HATCH

VP, INDUSTRY & WORKFORCE SERV

Board

$381K

40 hrs/wk

DOUGLAS FALK

VP & CHIEF INFORMATION OFFICER

Board

$377K

40 hrs/wk

ROBERTA HYLAND

CHIEF DATA OFFICER

Board

$357K

40 hrs/wk

ERIN SERAYDIAN

CFO & TREASURER (BEG 7/23 THRU 3/24)

Board

$311K

35 hrs/wk

CHRISTOPHER GOODSON

CHIEF GROWTH OFFICER

Board

$267K

40 hrs/wk

LAWRENCE W ANDERSON

CHIEF TECH & OPS OFFICER (THRU 8/23)

Board

$225K

40 hrs/wk

DR BARBARA BRITTINGHAM

DIRECTOR

Board

1 hrs/wk

MR CHARLES BARBER

DIRECTOR (BEG 7/23)

Board

1 hrs/wk

DR DEBRA CHROMY

BOARD VICE CHAIR

Board

1 hrs/wk

DR SAMUEL SUDHAKAR

DIRECTOR

Board

1 hrs/wk

MR MICHAEL COLLINS

BOARD CHAIR

Board

1 hrs/wk

DR A HOPE WILLIAMS

DIRECTOR

Board

1 hrs/wk

MR PAUL ROBINSON

DIRECTOR

Board

1 hrs/wk

DR VAN TON-QUINLIVAN

DIRECTOR

Board

1 hrs/wk

DR SHARON MORRISEY

DIRECTOR

Board

1 hrs/wk

MS HELEN MOHRMANN

DIRECTOR (BEG 7/23)

Board

1 hrs/wk

DR CARISSA MOFFAT MILLER

DIRECTOR (THRU 1/24)

Board

1 hrs/wk

MS KATHLEEN MCNEELY

DIRECTOR

Board

1 hrs/wk

MR ROBERT FITZGERALD

DIRECTOR

Board

1 hrs/wk

CHRISTINE COLE

SENIOR DIRECTOR, SALES & BUS. DVPT.

Staff

$542K

40 hrs/wk

JOHN RAMSEY

EXEC DIR CISO

Staff

$367K

40 hrs/wk

TROY FRIDY

BUSINESS DEVELOPMENT EXEC

Staff

$352K

40 hrs/wk

MICHAEL KETCHAM

FORMER VP & CFO, TREASURER

Staff

$336K

0

DR DOUGLAS SHAPIRO

VP RESEARCH

Staff

$333K

5 hrs/wk

THOMAS BURKE

MANAGING DIRECTOR, IT

Staff

$318K

40 hrs/wk

ROBERT ROMANO

MANAGING DIRECTOR, IT

Staff

$300K

40 hrs/wk

TRACY LOCKLIN

MANAGING DIR PRIVACY & GOVT RELATIONS

Staff

$296K

35 hrs/wk

DAVID G PAYNE PHD

VP, LEARNER INSIGHTS

Staff

$170K

40 hrs/wk

MELBA AMISSI

VP, CORPORATE STRATEGY

Staff

$152K

40 hrs/wk

Independent contractors

SLALOM LLC DBA SLALOM CONSULTING

IT CONSULTING

$1.8M

GSDS GROUP INC

IT CONSULTING

$1.5M

NEOVERA INC

IT CONSULTING

$1.1M

INFINITIVE

IT CONSULTING

$1.1M

MICORE SOLUTIONS INC

IT CONSULTING

$797K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$1.3M
PROGRAMMATIC GRANT
2024
$19K
GRANT FOR STATISTICS & CHEMISTRY PDP BENCHMARKING PROJECT
2022
$10K
IMPLEMENTATION GRANTS
2022
$30K
PDP SUBSCRIPTION - POST SECONDARY FOR SIX COLLEGES
2021
$100K
SUPPORT OF STAFF COST FOR INDUSTRY CREDENTIALS PROJECT
2018
$10K
General Support building
2017

Funded by

$1.4M from 6 funders · 7 grants · 2017–2024

Strada Education Foundation Inc

$1.3M · 1 grant · 2024

The Manufacturing Institute

$100K · 1 grant · 2018

Growing Inland Achievement

$30K · 1 grant · 2021

Greater Washington Community Foundation

$20K · 2 grants · 2017–2021

Digital Promise Global

$19K · 1 grant · 2022

Achieving The Dream Inc

$10K · 1 grant · 2022

Details

EIN521836384
NTEE codeB01
Subsection03
Ruling date2024-10
Formed1993
Employees422
Volunteers12
NATIONAL STUDENT CLEARINGHOUSE — Mission, Financials & Grants Received | Grantivo