Overview
What is National Student Clearinghouse?
The National Student Clearinghouse is a nonprofit organization headquartered in Herndon, Virginia. With a team of 396 employees, they serve the education and workforce communities by providing a centralized, secure data exchange platform among participating post-secondary institutions. This platform enables the transfer and access to academic data for over 5.8 million transcripts ordered from students for purposes such as enrollment applications to other post-secondary institutions, employment, and admissions. The mission of the National Student Clearinghouse is to deliver trusted data, related services, and insights to all learners.
Official website here: www.studentclearinghouse.org
Is National Student Clearinghouse legitimate?
National Student Clearinghouse is a legitimate nonprofit organization registered as a 501(c)(4) entity. National Student Clearinghouse 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: $4,495,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,822,262
For more financial information, click here
Official website here: www.studentclearinghouse.org
What is the mission statement of National Student Clearinghouse?
The National Student Clearinghouse serves the education and workforce communities by providing trusted data, related services, and insights. Its mission is to facilitate secure and confidential academic data exchange among participating educational institutions. The Clearinghouse offers a central platform for the transfer and access of authentic academic data between institutions. This service benefits post-secondary institutions by enabling them to process over 5.8 million transcript orders annually for their students. These transcripts are sent to other educational institutions for student enrollment applications, employers for employment considerations, and admission officers for their institutional needs. By eliminating fraud and preserving the integrity of the education system, the National Student Clearinghouse plays a crucial role in supporting the educational and employment journeys of learners.
Official website here: www.studentclearinghouse.org
Who is the CEO of National Student Clearinghouse?
Ricardo D Torres is the CEO of National Student Clearinghouse The CEO's salary of National Student Clearinghouse is $922,675 and their total compensation is $1,180,618.
Official website here: www.studentclearinghouse.org
What is the revenue of National Student Clearinghouse?
National Student Clearinghouse's revenue in 2023 was $96,297,122.
Official website here: www.studentclearinghouse.org
Who are the executives of National Student Clearinghouse and what are their salaries?
The average compensation at National Student Clearinghouse during 2023 was $101,413. There are 437 employees and 14 volunteers at National Student Clearinghouse.
Here are 29 key members and their salaries (National Student Clearinghouse's CEO's salary is $922,675 and their total compensation is $1,180,618):
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- Compensation: $922,675
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- Other: $257,943
- Compensation: $793,922
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- Other: $52,009
- Compensation: $408,239
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- Other: $46,088
- Compensation: $419,443
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- Other: $28,552
- Compensation: $418,574
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- Other: $28,380
- Compensation: $351,138
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- Other: $48,634
- Compensation: $344,846
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- Other: $52,235
- Compensation: $366,713
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- Compensation: $341,096
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- Other: $34,315
- Compensation: $322,958
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- Other: $31,441
- Compensation: $712,073
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- Other: $36,864
- Compensation: $413,166
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- Other: $27,558
- Compensation: $339,137
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- Other: $51,656
- Compensation: $298,262
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- Other: $54,904
- Compensation: $278,338
- Related: $0
- Other: $48,557
Official website here: www.studentclearinghouse.org
Where can I find the form 990 for National Student Clearinghouse?
National Student Clearinghouse's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.studentclearinghouse.org
Learn more at the official website: www.studentclearinghouse.org
Mission Statement of National Student Clearinghouse
The National Student Clearinghouse, a vital organization in the education and workforce communities, is committed to serving its members with trusted data, related services, and insights. Its mission lies in facilitating secure and confidential academic data exchange among participating educational institutions. By acting as an intermediary, the National Student Clearinghouse enables institutions to transfer and access authentic academic data efficiently.
Through its education data exchange services, the Clearinghouse plays a pivotal role in streamlining the process for post-secondary institutions. It provides a centralized platform for the secure exchange of academic records, ensuring the integrity of the education system and eliminating fraud. One of its key offerings is a transcript ordering platform, accessible to all participating institutions. This platform processed over 5.8 million transcript orders in 2021, with the records being used for various purposes, such as student enrollment applications at other institutions and employment verification.
By offering a convenient and efficient solution for accessing academic records, the National Student Clearinghouse supports the transition of students to higher education and employment opportunities. It empowers institutions to make informed decisions based on accurate and up-to-date academic information. Furthermore, the organization helps preserve the integrity of the education system by reducing fraud, ensuring that only legitimate records are used for applications and employment purposes.
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Impact
October, 2024
The National Student Clearinghouse significantly enhances the efficiency and integrity of academic data management across educational institutions. By providing a central, authenticated data exchange platform, it facilitates secure and confidential transfers of academic data, addressing the collective needs of participating post-secondary institutions.
One of its key services is the transcript ordering platform, which has processed over 5.8 million transcript requests. This not only supports student transitions to further education or employment but also plays a critical role in preventing educational fraud. By allowing employers and admissions officers to access verified academic records, the Clearinghouse helps uphold the credibility of the education system.
Moreover, the Clearinghouse's efforts in data sharing foster collaboration among educational institutions, enabling them to make informed decisions based on reliable data. This access to insights enhances the ability of educational and workforce communities to support learners effectively, ultimately contributing to better outcomes in both education and employment sectors.
This information is meant to be a general summary of National Student Clearinghouse. 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 2023.
- Investment Income: $507,574
- Program Service Revenue: $94,244,066
- Gross Receipts: $105,742,639
Assets and Liabilities:
- Total Assets: $80,865,874
- Total Liabilities: $35,213,213
- Net Assets: $45,652,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEGREE VERIFICATION SERVICES
Revenue
$57,532,832
EDUCATION DATA EXCHANGE SERVICES
Revenue
$21,922,157
RESEARCH SERVICES
Revenue
$12,772,985
ENROLLMENT VERIFICATION SERVICES
Revenue
$1,555,489
ENROLLMENT REPORTING SERVICES
Revenue
$460,603
Organization Details
Founding Year
1993
Phone
(703) 742-4200Principal Officer
Ricardo Torres
Main Address
2300 DULLES STATION BLVD 220, HERNDON, VA, 201716350
Website
www.studentclearinghouse.orgNTEE Category
Code: B01 - Education
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