Council of Graduate Schools

EIN: 522175852 501(c)(3) Education

Washington, DC

Total Revenue
$5,756,217
Total Expenses
$6,417,151
Total Assets
$17,062,660
Net Assets
$12,571,016
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
DC
Principal Officer
Suzanne Ortega
Phone
2022233791
Tax Period
2023-01-01 to 2023-12-31

Council of Graduate Schools, founded in 1999, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $6.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

Dedicated to the improvement and advancement of graduate education. As the largest national association organized specifically to represent the interests of graduate education, the Council offers many opportunities for deans and graduate school personnel to exchange ideas and share information on major issues in graduate education.

Program Service Accomplishments

Program 1
Expenses: $2,856,080 Revenue: $55,702

Grants: The Council of Graduate Schools (CGS) uses grant funding to support a range of initiatives intended to advance graduate education such as those intended to promote graduate student success...

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Grants: The Council of Graduate Schools (CGS) uses grant funding to support a range of initiatives intended to advance graduate education such as those intended to promote graduate student success, advance financial education, leverage international experiences, promote diversity and inclusion, and better understand the impact of graduate education on the workforce.

Program 2
Expenses: $942,381 Revenue: $1,087,781

Meetings and Workshops:CGS holds an annual meeting in December where participants explore important and current issues in graduate education. The meeting also provides opportunities for graduate...

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Meetings and Workshops:CGS holds an annual meeting in December where participants explore important and current issues in graduate education. The meeting also provides opportunities for graduate leaders to exchange ideas and information. Graduate deans, associate and assistant deans, faculty and staff from colleges and universities, association, federal and state agencies, and other education related administrators, graduate students, and others interested in graduate education are invited. Pre-meeting workshops and plenary sessions, concurrent sessions, annual awards ceremony, and the Lapidus luncheon lecture comprise the annual meeting. Exhibits also are available to meeting attendees. CGS conducts a summer workshop for graduate deans with a fresh focus on hot topics that affect every facet of graduate education. Complementing the workshop is the new deans institute, a program tailored to orient new deans and integrate the workshop experience. CGS invites graduate deans, associate and assistant deans, and other faculty and staff from colleges, universities and associations to network with their colleagues. The CGS Board of Directors, staff and other specialists serve as core faculty for the new deans' institute and summer workshop. The summer workshop program includes informative plenary sessions, dean dialogues and hot topic sessions along with many opportunities for networking and interactive discussions on the issues most pressing to the graduate education community.

Program 3
Expenses: $379,873 Revenue: $2,877,024

Member Services: Leading effort to reach out to a growing number and different types of graduate schools for membership to provide relevant support and fulfill the needs of a dynamic and...

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Member Services: Leading effort to reach out to a growing number and different types of graduate schools for membership to provide relevant support and fulfill the needs of a dynamic and ever-changing membership.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,428,693
Program Service Revenue $4,029,920
Investment Income $263,567
Other Revenue $34,037
TOTAL REVENUE $5,756,217

Expense Breakdown

Grants Paid $160,000
Salaries & Benefits $3,898,046
Fundraising Expenses $0
Program Expenses $4,178,334
Other Expenses $2,359,105
TOTAL EXPENSES $6,417,151

Year-over-Year Comparison

2023 2022 Change
Revenue $5,756,217 $6,749,858 -0.1%
Expenses $6,417,151 $5,511,331 +0.2%
Net Income $-660,934 $1,238,527 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
25
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,429,718
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Graham Hammill Chair 0.50
Officer Director
$0 $0 $0
Michael Cunningham Chair Elect 0.50
Officer Director
$0 $0 $0
April Boulton Board of Director 0.50
Director
$0 $0 $0
Jeni Hart Board of Director 0.50
Director
$0 $0 $0
Chevelle Newsome Board of Director 0.50
Director
$0 $0 $0
Mary Farmer-Kaiser PhD Board of Director (JOINED) 0.50
Director
$0 $0 $0
Daniel Kleinman Board of Director (JOINED) 0.50
Director
$0 $0 $0
Michael JSolomon Board of Director (JOINED) 0.50
Director
$0 $0 $0
James Soto Antony Board of Director (JOINED) 0.50
Director
$0 $0 $0
Suzanne Ortega President 35.00
Officer
$977,556 $105,012 $1,082,568
Keith Peregonov Vice President, Chief Financial Officer 35.00
Officer
$250,921 $96,229 $347,150
Julie Kent VP, Best Practices and Strategic Initatives 35.00
Highest
$187,268 $63,242 $250,510
Amy Scott Assoc. VP, Gov't Relations 35.00
Highest
$192,096 $39,139 $231,235
Gary Amstrong Controller 35.00
Highest
$138,872 $50,977 $189,849
Janice Goggins Dir, Member Engagement, Recruitment & Retention 35.00
Highest
$132,101 $48,431 $180,532
Heidi Shank Dir, Meetings & Member Services 35.00
Highest
$127,321 $52,890 $180,211
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,756,217 $6,417,151 $17,062,660 $-660,934
2022 $6,749,858 $5,511,331 $17,335,775 $1,238,527
2021 $5,111,442 $4,408,998 $16,106,067 $702,444
2020 $4,356,151 $4,317,549 $15,477,083 $38,602
2019 $6,832,887 $5,489,512 $14,999,754 $1,343,375
2018 $5,351,042 $5,560,336 $12,684,699 $-209,294
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