Overview
What is Accrediting Council For Independent Colleges And Schools?
The Accrediting Council for Independent Colleges and Schools (ACICS) is a nonprofit organization situated in Washington, D.C., specifically at 1350 EYE STREET NW 560. Their primary mission is to uphold the educational quality of independent, non-public career schools, institutions, and colleges. They accomplish this through accreditation, a rigorous process that ensures quality assurance and enhancement while promoting ethical business and educational practices. By performing this crucial function, ACICS aims to advance educational excellence in the United States and beyond, contributing positively to the educational landscape of multiple institutions. With a team of 10 dedicated individuals, ACICS plays a pivotal role in upholding high educational standards for its member organizations.
Official website here: www.acics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars. The Accrediting Council For Independent Colleges And Schools has received a low rating, indicating potential concerns in its financial health and effectiveness. The overall score is based solely on accountability and finance metrics, emphasizing the importance of these factors in evaluating the organization.
Strengths of the organization include a fully independent board, with 80% of its members being independent, and strong policies in place for conflict of interest, whistleblower protection, and document retention. These aspects suggest a commitment to transparency and ethical governance. Additionally, the organization has shown no material diversion of assets, further enhancing its accountability profile.
However, significant limitations are evident in its financial ratios. The liabilities to assets ratio is notably high at 4.29%, and the program expense ratio is only 46.50%, indicating that a smaller portion of its funds is directed towards programming compared to administrative costs. This raises questions about the organization's effectiveness and financial management, contributing to its low overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Accrediting Council For Independent Colleges And Schools legitimate?
Accrediting Council For Independent Colleges And Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accrediting Council For Independent Colleges And Schools 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: $302,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $514,699
For more financial information, click here
Official website here: www.acics.org
What is the mission statement of Accrediting Council For Independent Colleges And Schools?
The Accrediting Council for Independent Colleges and Schools (ACICS) is committed to advancing educational excellence at independent, non-public career schools, colleges, and organizations both in the United States and abroad. They achieve this objective through a meticulous and comprehensive accreditation process that ensures quality assurance and enhancement, as well as the promotion of ethical business and educational practices. This process is essential in enhancing the educational quality of independent, non-pubic career schools, institutions, and colleges.
In essence, ACICS serves as a critical evaluator and facilitator of educational standards, aiming to elevate the quality of education provided by independent institutions. This is done by performing the accreditation function for its member institutions, setting and upholding educational quality standards that contribute to the overall improvement of the educational landscape.
Official website here: www.acics.org
Who is the CEO of Accrediting Council For Independent Colleges And Schools?
Michelle Edwards is the Chair (Until 8/2/21) of Accrediting Council For Independent Colleges And Schools. The CEO's salary of Accrediting Council For Independent Colleges And Schools is $258,265 and their total compensation is $309,670.
Official website here: www.acics.org
What is the revenue of Accrediting Council For Independent Colleges And Schools?
Accrediting Council For Independent Colleges And Schools's revenue in 2022 was $1,002,205.
Official website here: www.acics.org
Who are the executives of Accrediting Council For Independent Colleges And Schools and what are their salaries?
The average compensation at Accrediting Council For Independent Colleges And Schools during 2022 was $81,721. There are 10 employees and 277 volunteers at Accrediting Council For Independent Colleges And Schools.
Here are 12 key members and their salaries (Accrediting Council For Independent Colleges And Schools's CEO's salary is $258,265 and their total compensation is $309,670):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $2,250
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $258,265
- Related: $0
- Other: $51,405
- Compensation: $162,445
- Related: $0
- Other: $37,945
- Compensation: $125,947
- Related: $0
- Other: $46,284
Official website here: www.acics.org
Where can I find the form 990 for Accrediting Council For Independent Colleges And Schools?
Accrediting Council For Independent Colleges And Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acics.org
Learn more at the official website: www.acics.org
Mission Statement of Accrediting Council For Independent Colleges And Schools
The Accrediting Council for Independent Colleges and Schools, abbreviated as ACICS, is dedicated to promoting educational excellence in the United States and beyond. This nonprofit organization achieves its mission primarily through a meticulous and comprehensive accreditation process that ensures quality assurance and enhancement. The focus is on independent, nonpublic career schools, colleges, and organizations. This accreditation process also encompasses the promotion of ethical business and educational practices. By employing this rigorous accreditation method, ACICS strives to elevate the educational standards of its member institutions. In short, the Accrediting Council for Independent Colleges and Schools seeks to advance the quality of education at nonpublic, career-focused institutions both in the U.S. and internationally, through a thorough and ethical accreditation process.
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Impact
July, 2024
The impact of the Accrediting Council for Independent Colleges and Schools is in advancing educational excellence at independent, nonpublic career schools, colleges, and organizations in the United States and abroad. This is achieved through a deliberate and thorough accreditation process of quality assurance and enhancement as well as ethical business and educational practice. The Council plays a crucial role in establishing and advancing the quality of education in these institutions by performing the accreditation function for its members. Through this accreditation process, the Council ensures that these institutions meet the necessary standards for providing quality education and ethical practices in the field of independent education.
This information is meant to be a general summary of Accrediting Council For Independent Colleges And Schools. 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: $402,693
- Program Service Revenue: $596,500
- Gross Receipts: $4,394,682
Assets and Liabilities:
- Total Assets: $6,003,661
- Total Liabilities: $196,185
- Net Assets: $5,807,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUSTAINING FEES
Revenue
$356,980
USER FEES
Revenue
$124,395
ACCREDITATION VISIT REVENUE
Revenue
$93,000
WORKSHOP REVENUE
Revenue
$22,125
Organization Details
Founding Year
1912
Phone
(202) 336-6780Principal Officer
Michelle Edwards
Main Address
1350 EYE STREET NW 560, WASHINGTON, DC, 20005
Website
www.acics.orgNTEE Category
Code: B90Z - Education
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