Overview
What is Higher Education Data Sharing Consortium Inc?
The Higher Education Data Sharing Consortium Inc is a nonprofit organization, primarily dedicated to supporting private colleges and universities. Their mission involves facilitating planning, management, and institutional research by gathering, updating, and sharing mutually agreed upon data sets. They also offer professional development, networking opportunities, and various services such as special studies, research reports, and conferences. This consortium aims to provide decision support, policy analysis, educational evaluation, and assessment, ultimately assisting private colleges and universities in making informed decisions.
Official website here: www.hedsconsortium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
The Higher Education Data Sharing Consortium Inc has received a low rating of 58%, primarily due to its performance in the Accountability & Finance category. The organization has not demonstrated adequate independence among its board members, with no independent members out of eight. While it has shown a solid program expense ratio of 80.95%, indicating a commitment to its programs, it lacks crucial financial transparency as evidenced by missing financial statements, a whistleblower policy, and document retention policies.
Strengths include a favorable liabilities to assets ratio of 12.38%, which suggests good financial stability, and the presence of meeting minutes and a conflict of interest policy. However, the absence of independent board members and key financial documents raises concerns about governance and accountability. The lack of transparency could hinder trust among potential donors and the public.
Overall, while the consortium is dedicated to its mission as reflected in its program expenses, the significant gaps in financial accountability measures may be a red flag for stakeholders. To improve its rating, the organization should focus on enhancing board independence and providing more comprehensive financial documentation to foster trust and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Higher Education Data Sharing Consortium Inc legitimate?
Higher Education Data Sharing Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Higher Education Data Sharing Consortium Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.hedsconsortium.org
What is the mission statement of Higher Education Data Sharing Consortium Inc?
The Higher Education Data Sharing Consortium Inc's mission is geared towards aiding private colleges and universities in various aspects of their operations. Specifically, it assists in planning and management, institutional research, decision-making, policy analysis, educational evaluation, and assessment. The consortium accomplishes this by gathering and regularly updating mutually agreed-upon data sets, providing professional development, networking opportunities, and hosting special studies, research reports, and conferences. Its services aim to support these educational institutions in making informed decisions and improving their overall performance.
Official website here: www.hedsconsortium.org
Who is the CEO of Higher Education Data Sharing Consortium Inc?
Charles Blaich is the Director of Higher Education Data Sharing Consortium Inc.
Official website here: www.hedsconsortium.org
What is the revenue of Higher Education Data Sharing Consortium Inc?
Higher Education Data Sharing Consortium Inc's revenue in 2022 was $938,288.
Official website here: www.hedsconsortium.org
Who are the executives of Higher Education Data Sharing Consortium Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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Official website here: www.hedsconsortium.org
Where can I find the form 990 for Higher Education Data Sharing Consortium Inc?
Higher Education Data Sharing Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hedsconsortium.org
Learn more at the official website: www.hedsconsortium.org
Mission Statement of Higher Education Data Sharing Consortium Inc
The Higher Education Data Sharing Consortium Inc plays a crucial role in aiding private colleges and universities in their planning, management, and institutional research. To accomplish this, the organization collects and shares regularly updated sets of data that have been mutually agreed upon by the institutions. Furthermore, they provide professional development, networking opportunities, and various other services such as special studies, research reports, and conferences. The Consortium's ultimate mission is to support private colleges and universities in decision-making, policy analysis, educational evaluation, and assessment through institutional research, thereby enhancing their overall management and operations.
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Impact
October, 2024
The Higher Education Data Sharing Consortium Inc significantly impacts private colleges and universities by facilitating effective planning, management, and institutional research. By assembling and sharing regularly updated, mutually agreed-upon sets of information, the Consortium provides essential data resources that empower institutions to make informed decisions and enhance their operational frameworks.
Through a variety of professional development opportunities, networking platforms, and specialized services such as research reports and conferences, the Consortium fosters collaboration and knowledge-sharing among its member institutions. This not only supports individual college and university goals but also contributes to the overall advancement of higher education. Moreover, the focus on decision support, policy analysis, and educational evaluation helps institutions to adapt and thrive in an ever-evolving educational landscape.
The collective efforts of the Consortium enhance institutional effectiveness, promote evidence-based practices, and drive improvements in student outcomes, thereby strengthening the role of private colleges and universities in fulfilling educational missions.
This information is meant to be a general summary of Higher Education Data Sharing Consortium Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,051
- Program Service Revenue: $366,079
- Gross Receipts: $1,141,288
Assets and Liabilities:
- Total Assets: $1,456,648
- Total Liabilities: $179,768
- Net Assets: $1,276,880
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SURVEY & OTHER FEES
Revenue
$305,146
CONSULTING FEES
Revenue
$47,733
WORKSHOP FEES
Revenue
$13,200
Organization Details
Founding Year
1983
Phone
(765) 361-6585Principal Officer
Charles Blaich
Main Address
WABASH COLLEGE 301 W WABASH AVE, CRAWFORDSVILLE, IN, 47933
Website
www.hedsconsortium.orgNTEE Category
Code: B050 - Education
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