Educational Credential Evaluators Inc
- Assets
- $3.7m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 104
- Location
- Milwaukee, WI
- Founding
- 05/1981
- Data as of
- 12/2021
- EIN
- 39-1369113
Organization Overview
Educational Credential Evaluators Inc is located in Milwaukee, WI. The organization was established in 1981. As of 12/2021, Educational Credential Evaluators Inc employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational Credential Evaluators 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 12/2021, Educational Credential Evaluators Inc generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE BETTERMENT OF INDIVIDUALS' LIVES AND SOCIETY BY ENSURING THAT EDUCATIONAL QUALIFICATIONS ARE FAIRLY AND ACCURATELY RECOGNIZED ACROSS BORDERS. ECE SERVES PERSONS WHO HAVE COMPLETED PART OR ALL OF THEIR EDUCATION OUTSIDE OF THE US SO THAT THEIR EDUCATIONAL QUALIFICATIONS ARE PROPERLY RECOGNIZED WHEN THEY SEEK EMPLOYMENT PROFESSIONAL LICENSURE FURTHER EDUCATION OR OTHER BENEFITS FOR WHICH EDUCATION ACHIEVEMENT IS A PREREQUISITE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOREIGN CREDENTIAL EVALUATION: ECE PROVIDES EVALUATION OF EDUCATIONAL CREDENTIALS FOR PERSONS WHO COMPLETED PART OR ALL OF THEIR EDUCATION OUTSIDE OF THE UNITED STATES. 35,934 REQUESTS FOR REPORTS WERE RECEIVED FROM CLIENTS IN 2021. ECE PREPARES EVALUATION REPORTS THAT DETERMINE THE EQUIVALENTS OF FOREIGN ACADEMIC WORK. THE EVALUATION REPORTS ARE USED FOR FURTHER EDUCATION PROFESSIONAL LICENSURE EMPLOYMENT AND IN OTHER SITUATIONS THAT REQUIRE AN ADMINISTRATIVE DECISION BASED ON ACADEMIC CREDENTIALS. OUR REPORTS ENSURE THAT THE EDUCATION OF PEOPLE AROUND THE WORLD IS UNDERSTOOD AND PUT TO GOOD USE. REPORTS FACILITATED THE APPROPRIATE ADMISSION OF STUDENTS INTO UNDERGRADUATE GRADUATE AND PROFESSIONAL DEGREE PROGRAMS. OUR REPORTS HELPED DENTISTS AND PHARMACISTS AND OTHER HEALTH PROFESSIONALS ENTER THE PRACTICE OF PROFESSIONS TO THE BENEFIT OF NEIGHBORS IN THEIR NEW COUNTRY. OUR EVALUATIONS HAVE HELPED PARENTS OBTAIN JOBS SO THAT THEY CAN BETTER SUPPORT THEIR FAMILIES. OWING TO ECE PROPERLY ASSESSING THE EDUCATION COMPLETED IN OTHER COUNTRIES OUR WORLD COMMUNITY BENEFITS FROM THE EFFORTS AND ENERGY OF THOSE WHOSE EDUCATION WOULD OTHERWISE HAVE BEEN UNRECOGNIZED AND GONE TO WASTE.
CONNECTION ADVANTAGE PROGRAM: 66,515 USERS VISITED THE SITE IN 2021 AND 110 USERS SUBSCRIBE. OUR FREE WEBSITE PROVIDES INFORMATION ON EDUCATIONAL SYSTEMS AROUND THE WORLD FOR ANYONE WHO EVALUATES FOREIGN EDUCATIONAL DOCUMENTS. 622 REQUESTS WERE RESPONDED TO VIA OUR MESSAGE BOARD. WE POSTED 106 NEWS ITEMS THAT GIVE INFORMATION AND VERIFICATION RESOURCES FOR SECONDARY AND HIGHER EDUCATION AROUND THE GLOBE. ADDITIONAL RESOURCES INCLUDING E-LEARNING TRAINING OUR PUBLISHED BOOKS AND OVER 1,200 SAMPLE DOCUMENTS ARE AVAILABLE TO PAYING SUBSCRIBERS. ECE CONDUCTS RESEARCH ON EDUCATIONAL SYSTEMS WORLDWIDE. THIS RESEARCH HAS RESULTED IN PUBLICATIONS ON FOREIGN EDUCATIONAL SYSTEMS AND ON SPECIAL TOPICS INCLUDING CREDIT AND GRADE CONVERSION DETECTION OF FALSIFIED DOCUMENTS AND SIMILAR TOPICS. THE PUBLICATIONS ARE USED BY INTERNATIONAL EDUCATION PROFESSIONALS AT COLLEGES AND UNIVERSITIES AND OTHER ORGANIZATIONS TO HELP THEM INTERPRET FOREIGN EDUCATIONAL CREDENTIALS FOR THE PURPOSE OF ADMITTING STUDENTS TO EDUCATIONAL PROGRAMS PROFESSIONAL LICENSURE EMPLOYMENT AND OTHER PURPOSES.
CURRICULUM REVIEWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margit Schatzman President | Officer | 40 | $161,145 |
Mary Jo Stremlow Sr Director Of Finance | 40 | $123,136 | |
Anthony Uljanec Sr Director Of Technology | 40 | $118,862 | |
Clarey Wamhoff Sr Director Of Operations | 40 | $118,309 | |
Margaret Wenger Sr Director Of Evaluations | 40 | $103,197 | |
Sheree Yates Sr Director Of Human Resources | 40 | $102,271 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fedex Courier | 12/30/21 | $370,450 |
Dhl Express Courier | 12/30/21 | $219,674 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,096,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,463 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,115,871 |
| Total Program Service Revenue | $7,713,247 |
| Investment income | $86,744 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,192 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,910,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $192,211 |
| Compensation of current officers, directors, key employees. | $192,211 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,725,882 |
| Pension plan accruals and contributions | $195,052 |
| Other employee benefits | $518,087 |
| Payroll taxes | $364,841 |
| Fees for services: Management | $23,540 |
| Fees for services: Legal | $15,116 |
| Fees for services: Accounting | $36,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,921 |
| Fees for services: Other | $3,872 |
| Advertising and promotion | $182,756 |
| Office expenses | $950,699 |
| Information technology | $242,054 |
| Royalties | $0 |
| Occupancy | $499,068 |
| Travel | $5,806 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $176,434 |
| Insurance | $22,222 |
| All other expenses | $0 |
| Total functional expenses | $8,231,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,674 |
| Savings and temporary cash investments | $919,272 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,126 |
| 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 | $183,157 |
| Net Land, buildings, and equipment | $339,469 |
| Investments—publicly traded securities | $2,018,113 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,693,811 |
| Accounts payable and accrued expenses | $430,514 |
| Grants payable | $0 |
| Deferred revenue | $600 |
| 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 | $0 |
| Other liabilities | $16,609 |
| Total liabilities | $447,723 |
| Net assets without donor restrictions | $3,246,088 |
| 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 | $3,693,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Educational Credential Evaluators Inc has recieved totaling $61.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Credential Evaluators Inc Milwaukee, WI | $3,693,811 | $8,910,670 |
Central Minnesota Educational Research & Development Council St Cloud, MN | $3,450,511 | $8,112,700 |
Highscope Educational Research Foundation Ypsilanti, MI | $7,062,751 | $7,390,838 |
Scholarleaders International Deerfield, IL | $3,004,855 | $3,502,508 |
Wisconsin Masonic Foundation Dousman, WI | $27,556,121 | $5,183,094 |
Middle Cities Education Association Lansing, MI | $1,720,048 | $771,674 |
American Association For Employment In Education Sycamore, IL | $152,633 | $177,495 |
Waterford Foundation For Public Education Waterford, MI | $2,028,395 | $210,799 |
South Christian High School Foundation Byron Center, MI | $3,211,171 | $425,642 |
North Scott Educational Foundation Eldridge, IA | $1,925,502 | -$100,057 |
The Wisconsin Union Association Inc Madison, WI | $145,877 | $0 |
Polish National Alliance School Corp Chicago, IL | $1,001,023 | $32,218 |