How does college board make money?

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College Board generates revenue through their Advanced Placement (AP) exams, SAT exams, and various other educational programs and services, including digital tools, curriculum resources, and professional development for educators. As per their website, they are a not-for-profit organization that reinvests their proceeds back into their mission to connect students to college success and opportunity.

One interesting fact is that the College Board was established in 1900 as a not-for-profit organization, and since then, it has been providing equal opportunities for students worldwide to get access to higher education. Another interesting fact is that the College Board offers more than 20 programs and services that are used by over 7 million students and educators annually.

The revenue generated by College Board is significant, and according to Forbes, in 2019, the company’s revenue was $1.14 billion. In addition to revenue from exams and services, they also receive income from their investment portfolio, which was worth over $1 billion in 2019.

According to the College Board’s financial statements, their 2019 revenue was divided as follows:

To quote the College Board’s CEO David Coleman, “The College Board is committed to providing all students with an opportunity to succeed in college and beyond. Our revenue supports our mission to connect students to college success and opportunity, regardless of their background or circumstance.”

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In conclusion, the College Board generates substantial revenue through various educational programs and services, including exams, digital tools, and professional development. The proceeds are reinvested back into their mission to provide equal opportunities for students to access higher education globally.

Table: College Board’s Revenue in 2019

Revenue Source	Revenue Amount
Exam Fees	$841 million
Digital Services and Other Programs	$203 million
Membership Fees	$41 million
Total Revenue	$1.14 billion

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The College Board dates back to 1899 where it aimed to provide universal testing for standardized subjects for participating universities. The Scholastic Aptitude Test (SAT) emerged in 1926 after being adapted for academia by a leading figure in the Army Alpha program. The SAT’s adoption rate grew and the College Board created the Educational Testing Service (ETS) in 1947. The cost of their services and complacency, coupled with suspicious practices, has led to criticism, lawsuits, and questioning of their non-profit status, especially as they collectively bring in over $2 billion in revenue. The College Board faces potential threats from the decline in university enrollment, alongside the rise in popularity of trade schools and online courses.

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The College Board makes a lot of money. SATs, AP exams, and PSATs all rake in hundreds of millions of dollars for the College Board every year.

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Secondly, Does the College Board profit?
Answer to this: The College Board is an American not-for-profit organization that was formed in December 1899 as the College Entrance Examination Board (CEEB) to expand access to higher education.

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How much money does the CEO of College Board make?
Answer will be: Form 990 and audit documents available

Key Employees and Officers	Compensation
DAVID COLEMAN (CEO/TRUSTEE)	$974,201
JEREMY SINGER (PRESIDENT)	$808,053
PETER SCHWARTZ (CHIEF RISK OFFICER & GENERAL COUNSEL)	$476,042
TREVOR PACKER (SVP, AP PROGRAMS)	$473,642

Simply so, Does College Board get money from the government? Response: Legally, College Board is a nonprofit, charitable organization (a 501(c)(3)) and pays no taxes on revenues derived from activities aligned with its public mission. But College Board activities also affect public policy, even while it remains a private organization governed only by its own board of trustees.

Why is College Board considered non profit? The answer is: According to Cornell Law School, a nonprofit is defined as a “group organized for purposes other than generating profit and in which no part of the organization’s income is distributed to its members, directors, or officers.” College Board is stretching this definition of a nonprofit.

Secondly, How much does the College Board make?
In reply to that: The College Board is a non-profit organization that expanded access to higher education by administering the PSAT, SAT and AP exams. However, it now operates as a lucrative and robust business. In 2017, it made over $1 billion in profits from managing exams and increased its earnings to $1.2 billion in 2020.

Is the College Board using monopoly profits to pay their executives? The College Board is using monopoly profits to pay their executives excess wages. One of the best running jokes about non-profits is that they reason why they aren’t profitable is because they pay their executives so much money. Unfortunately for students, there are no other competitors for the SAT Subject, AP, and PSAT Tests.

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Herein, What is College Board?
Response: Founded in 1900, College Board was created to expand access to higher education. Today, the membership association is made up of over 6,000 of the world’s leading educational institutions and is dedicated to promoting excellence and equity in education.

Additionally, Does the College Board profit from the SAT? As an answer to this: The College Board’s spokesman Zach Goldberg defended the company’s multi-million-dollar-revenue-generating SAT in the New York Times, blaming “the system,” not tests, for inequities in American education. Absent from the debate is how the College Board, which owns the SAT, profits from the education system it has criticized.