Advantage Testing Foundation Inc
- Assets
- $418.3k
- Revenue
- $400.7k
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 09/2010
- Data as of
- 06/2021
- EIN
- 20-8379593
Organization Overview
Advantage Testing Foundation Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Advantage Testing Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advantage Testing Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Advantage Testing Foundation Inc generated $400.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $335.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Advantage Testing Foundation Inc has awarded 14 individual grants totaling $516,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANTAGE TESTING FOUNDATION WAS ESTABLISHED TO 1) HELP STUDENTS UNDERREPRESENTED IN THEIR CHOSEN FIELDS TO PURSUE THEIR ACADEMIC AND PROFESSIONAL AMBITIONS THROUGH INNOVATIVE PROGRAMS AND PARTNERSHIPS, ESPECIALLY WITH UNIVERSITIES AND 2) PROMOTE NEW WAYS OF THINKING ABOUT ACCESS TO HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRIALS (THE TRAINING AND RECRUITMENT INITIATIVE FOR ADMISSION TO LEADING LAW SCHOOLS) IS A FULLY SUBSIDIZED SUMMER STUDY PROGRAM FOR ASPIRING LAW STUDENTS WHO HAVE OVERCOME ADVERSITY AND WHOSE SOCIOECONOMIC BACKGROUNDS ARE CURRENTLY UNDERREPRESENTED IN THE NATION'S LEADING LAW SCHOOLS. HARVARD LAW SCHOOL AND THE NYU SCHOOL OF LAW PARTNER WITH THE ADVANTAGE TESTING FOUNDATION TO SUPPORT THE PROGRAM. STUDENTS WHO PARTICIPATE DEVELOP THE SKILLS AND CREDENTIALS THEY NEED TO EARN ADMISSION TO LAW SCHOOL. AT THE BEGINNING OF THE PROGRAM, STUDENTS TAKE A DIAGNOSTIC LSAT (THE STANDARDIZED ADMISSION EXAM FOR LAW SCHOOL). THE MEDIAN STARTING LSAT SCORE FOR OUR STUDENTS WAS AT THE 44TH PERCENTILE. TO DATE, THE MEDIAN TEST SCORE INCREASE FOR THOSE TRIALS STUDENTS WHO HAVE TAKEN THE OFFICIAL LSAT IS MORE THAN 40 PERCENTILE POINTS. TRIALS STUDENTS HAVE EARNED ADMISSION TO ALL OF THE TOP 10 LAW SCHOOLS IN THE NATION INCLUDING HARVARD, YALE, NYU, STANFORD, COLUMBIA, AND THE UNIVERSITY OF CHICAGO.
THE MATH PRIZE FOR GIRLS, THE LARGEST MATH PRIZE FOR GIRLS IN THE WORLD, IS AN ANNUAL NATIONWIDE MATH COMPETITION CREATED TO 1) PROMOTE GENDER EQUALITY IN MATHEMATICS BY RECOGNIZING TALENTED, HIGH-PERFORMING FEMALE STUDENTS, AND 2) UNDERSCORE THE IMPORTANCE OF MATHEMATICS TO OUR NATION'S FUTURE.
THE ADVANTAGE TESTING FOUNDATION SUPPORTS LEDA (LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA), A PARTNERSHIP WITH PRINCETON UNIVERSITY COMPRISING A RIGOROUS SUMMER COLLEGE PREPARATORY PROGRAM TO INSTILL LEADERSHIP SKILLS IN TALENTED STUDENTS OF MODEST MEANS FROM PREDOMINANTLY PUBLIC SCHOOLS NATIONWIDE. THE AT FOUNDATION ALSO PROVIDES PRO BONO CLASSROOM SAT AND ACT PREPARATION TUTORING DURING THIS SUMMER PROGRAM.
THE FOUNDATION SUPPORTS PREP FOR PREP, A LEADERSHIP DEVELOPMENT PROGRAM FOR NEW YORK CITY STUDENTS OF UNDERREPRESENTED MINORITY BACKGROUNDS. IN ADDITION TO FINANCIAL SUPPORT FOR PREP FOR PREP, THE FOUNDATION PROVIDES PRO BONO CLASSROOM ACT AND SAT PREPARATION FOR SELECT PREP FOR PREP JUNIORS DURING THE ACADEMIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Tilghman Vice President | OfficerTrustee | 1 | $0 |
Arun Alagappan President | OfficerTrustee | 22 | $0 |
Martha Minow Vice President | OfficerTrustee | 1 | $0 |
John Manning Vice President | OfficerTrustee | 1 | $0 |
J Tomlinson Hill Treasurer | OfficerTrustee | 1 | $0 |
John Sexton Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,690 |
| All other contributions, gifts, grants, and similar amounts not included above | $343,408 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $398,098 |
| Total Program Service Revenue | $0 |
| Investment income | $172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $400,722 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| Grants and other assistance to domestic individuals. | $463 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,509 |
| Payroll taxes | $13,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,787 |
| Advertising and promotion | $0 |
| Office expenses | $4,095 |
| Information technology | $8,600 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,632 |
| Total functional expenses | $335,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,494 |
| Savings and temporary cash investments | $126,954 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,888 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $418,336 |
| Accounts payable and accrued expenses | $3,786 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $51,352 |
| Other liabilities | $0 |
| Total liabilities | $55,138 |
| Net assets without donor restrictions | $363,198 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $418,336 |
Grants Awarded
Over the last fiscal year, Advantage Testing Foundation Inc has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT VARIOUS FACETS OF THE ORGANIZATION IN ITS MISSION TO CULTIVATE YOUNG LEADERS OF DIVERSE BACKGROUNDS THROUGH A RIGOROUS SEVEN-WEEK RESIDENTIAL PROGRAM HELD AT PRINCETON UNIVERSITY. | $35,000 |
New York, NY PURPOSE: TO SUPPORT PREP FOR PREP IN DEVELOPING ETHICAL AND EFFECTIVE LEADERS WHO REFLECT OUR DIVERSE SOCIETY FOR THE ENDURING BENEFIT OF ALL. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Advantage Testing Foundation Inc has recieved totaling $110,006.
| Awarding Organization | Amount |
|---|---|
Hill Family Foundation Inc New York, NY PURPOSE: CHARITABLE FOR EDUCATION PURPOSES | $100,000 |
Harman Family Foundation Los Angeles, CA PURPOSE: ACADEMIC TUTORING | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |