Accrediting Council For Continuing Education & Training Inc
- Assets
- $5.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 23
- Location
- Washington, DC
- Founding
- 11/1975
- Data as of
- 12/2021
- EIN
- 54-0975037
Organization Overview
Accrediting Council For Continuing Education & Training Inc is located in Washington, DC. The organization was established in 1975. As of 12/2021, Accrediting Council For Continuing Education & Training Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accrediting Council For Continuing Education & Training 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, Accrediting Council For Continuing Education & Training Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNCIL MEETINGS AND EXAM VISITS: THE COUNCIL OVERSEES THREE EVALUATION REVIEW CYCLES PER YEAR, DURING WHICH VARIOUS ACCREDITATION PROCESSING ACTIVITIES ENSUE, WITH ON-SITE EXAMINATION TEAM VISIT REPORTS OF INITIAL APPLICANT AND CURRENT MEMBER INSTITUTIONS SERVING AS THE CORE EVALUATION FOR THEIR JUDGMENT OF EACH INSTITUTION'S COMPLIANCE WITH THE COUNCIL STANDARDS RELATIVE TO OBJECTIVES, RESOURCES, PROGRAMS, POLICIES AND OUTCOMES OF THE EDUCATION AND TRAINING OFFERED. CONVENTIONS AND WORKSHOPS: THE COUNCIL HOLDS ONE CONVENTION EACH YEAR AND SEVERAL WORKSHOPS THROUGHOUT THE YEAR THAT ARE DESIGNED TO PROVIDE KNOWLEDGE ABOUT THE ACCREDITATION PROCESS AND OTHER RELEVANT INFORMATION ABOUT THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Hendrickson Interim Exec. Dir. (retired 06/21) | Officer | 40 | $143,764 |
Christopher Lambert Executive Director (05/21-9/21) | Officer | 40 | $141,929 |
Kate Zulaski Dep. Dir./ Acting Ed (from (9/2021) | Officer | 40 | $77,240 |
Peter Mikhail Treasurer | OfficerTrustee | 4 | $0 |
Yadexy Sierra Chair | OfficerTrustee | 4 | $0 |
Donnell Bayot Vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $282,459 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,459 |
| Total Program Service Revenue | $2,377,870 |
| Investment income | $26,012 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,698,170 |
| 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. | $400,538 |
| Compensation of current officers, directors, key employees. | $21,229 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $804,356 |
| Pension plan accruals and contributions | $38,813 |
| Other employee benefits | $88,197 |
| Payroll taxes | $100,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $123,361 |
| Fees for services: Accounting | $43,592 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,635 |
| Fees for services: Other | $49,126 |
| Advertising and promotion | $312 |
| Office expenses | $19,569 |
| Information technology | $108,063 |
| Royalties | $0 |
| Occupancy | $19,862 |
| Travel | $13,581 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,780 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,362 |
| Insurance | $77,792 |
| All other expenses | $16,511 |
| Total functional expenses | $2,372,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,206,429 |
| Savings and temporary cash investments | $1,116,689 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $958,028 |
| 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 | $65,576 |
| Net Land, buildings, and equipment | $1,214,287 |
| Investments—publicly traded securities | $503,720 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,064,729 |
| Accounts payable and accrued expenses | $180,980 |
| Grants payable | $0 |
| Deferred revenue | $2,017,226 |
| 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 | $18,860 |
| Total liabilities | $2,217,066 |
| Net assets without donor restrictions | $2,847,663 |
| 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 | $5,064,729 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Association Of Free And Charitable Clinics Inc Richmond, VA | $3,108,209 | $8,491,665 |
In Medias Res Charlottesville, VA | $1,418,409 | $3,446,120 |
University Professional & Continuing Education Association Washington, DC | $3,743,573 | $3,546,848 |
Accrediting Council For Continuing Education & Training Inc Washington, DC | $5,064,729 | $2,698,170 |
Story District Inc Washington, DC | $393,778 | $455,502 |
Musicians United To Serve The Youth Of Charlottesville Charlottesville, VA | $901,115 | $243,192 |
Powhatan High School Band Boosters Powhatan, VA | $59,542 | $0 |
Association For Music And Imagery Inc Arlington, VA | $126,338 | $0 |