Educational Testing Service
82% goes to programs $0 to raise $100 Strong reserves
Educational Testing Service is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1949, with $1,091,599,460 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
2425 Cascade Pointe Blvd, Charlotte, NC, 28208 EIN 21-0634479 Since 1949
Revenue (FY2023)
$1.1B
▲ 3.2% vs prior year
Education median: $200K
Expenses (FY2023)
$1.1B
Net assets
$1.4B
Employees
33,057
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Educational Testing Service: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Educational Testing Service: 16 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Educational Testing Service: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Educational Testing Service: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See page 2, part iii, question 1
What they do
Assessment administration & delivery the group administers tens of millions of assessments annually in thousands of locations worldwide. ets does not own or operate any test centers; instead ets engages independent 3rd party service providers to administer and deliver assessments around the world.
Contact & location
- Address
- 2425 Cascade Pointe Blvd, Charlotte, NC, 28208
- City
- Charlotte
- State
- North Carolina
- Category
- Education
- Subcategory
- Educational Services
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $1.1B (FY2013) to $1.1B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $296.7MNet assets $1.4B
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$296.7M
Net assets
$1.4B
Salaries & benefits
$412.5M
39% of expenses
Board members
18
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,091,599,460▲3.2% | $1,069,258,885▲0.1% | $1,410,967,000▼5.7% | $1,707,663,326▼3.2% | 990 |
| 2022 | $1,058,224,336▼5.1% | $1,067,874,626▼3.8% | $1,495,927,000▼0.2% | $1,763,847,528▼1.4% | 990 |
| 2021 | $1,115,319,662▼2.3% | $1,110,255,565▲1.4% | $1,499,088,406▼10.8% | $1,789,019,658▼12.6% | 990 |
| 2020 | $1,142,101,466▲11.1% | $1,094,475,746▼0.3% | $1,679,830,369▲18.9% | $2,046,445,267▲9.2% | 990 |
| 2019 | $1,027,876,335▼20.6% | $1,098,244,329▼14.4% | $1,413,143,178▼5.3% | $1,873,205,474▼7.0% | 990 |
| 2018 | $1,294,400,343▼39.1% | $1,282,249,119▼3.5% | $1,491,541,601▼2.1% | $2,015,061,092▼1.0% | 990 |
| 2017 | $2,126,448,788▲51.2% | $1,328,361,774▼0.9% | $1,523,565,860▲87.8% | $2,035,173,070▲54.2% | 990 |
| 2016 | $1,406,594,609▲3.9% | $1,340,050,663▲2.3% | $811,200,644▲11.4% | $1,319,854,215▲12.9% | 990 |
| 2015 | $1,354,004,394▲9.4% | $1,310,350,131▲12.1% | $728,317,581▲11.0% | $1,169,535,566▲10.5% | 990 |
| 2014 | $1,238,134,148▲8.8% | $1,169,262,069▲5.3% | $656,095,123▲9.1% | $1,058,074,088▲12.4% | 990 |
| 2013 | $1,138,103,154 | $1,110,361,270▲5.0% | $601,371,154▲21.8% | $941,669,696▲11.4% | 990 |
| 2012 | — | $1,057,597,460▲4.6% | $493,919,565▲28.6% | $845,364,858▲15.6% | 990 |
| 2011 | — | $1,011,058,587▲8.4% | $384,036,581▲15.6% | $731,362,873▲10.0% | 990 |
| 2010 | — | $933,103,634 | $332,231,395 | $665,006,780 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Amit Sevak — $1,586,797 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amit Sevak | President & Ceo | 40 | $1,586,797 |
| Scott Forrester Nelson | Svp & Chief Marketing Officer | 40 | $1,005,888 |
| Sara Lester End 30223 | Former Vp Human Resources & Learning | 0 | $963,262 |
| Ralph Taylor-smith | Vp Corporate Development | 40 | $920,837 |
| Jeffrey Alan Melnick | Svp & Chief Financial Officer | 40 | $917,822 |
| Jack Hayon End 30223 | Former Svp & Chief Financial Officer | 0 | $904,529 |
| Sheree L Gregory End 100723 | Deputy General Counsel & Cdo | 40 | $851,426 |
| Ida Lawrence End 100323 Chair | Sr Vp-research & Development | 40 | $756,852 |
| Rohit Sharma | Svp Glob Higher Ed & Workskill | 40 | $698,525 |
| Kadriye Ercikan-alper | Vp Psych, Stat & Data Science | 40 | $682,990 |
| Michael T Nettles End 10723 | Former Svp-ctr Policy Eval & Rsrch | 0 | $665,409 |
| Steven E Santana | Chief Information Officer | 40 | $645,430 |
| Michelle Elaine Froah | Svp Global Strategy & Growth | 40 | $622,950 |
| William C Draper Jr End 70123 | Former Vp & Coo College Board | 0 | $614,537 |
| Dennis Stetzel | Svp, Production & Delivery | 40 | $598,518 |
| Theresa Keri End 30223 | Former Vp Production & Delivery | 0 | $596,112 |
| Paul Gollash | Vp, K-12-praxis | 40 | $571,010 |
| Wallace Frank Dalrymple Jr | Vp, Chief Security Officer | 40 | $513,160 |
| Mohammad Kousha | Avp Global Strat & Growth | 40 | $466,371 |
| Tracy Hude End 30223 | Former Vp - Finance | 0 | $462,668 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Capgemini America Inc | Consulting Svc | $30,968,990 |
| Cambium Assessment Inc | Subcontrating | $29,376,056 |
| Accenture LLP | Supply Chain | $18,501,772 |
| Prometric LLC | Subcontracting | $15,193,306 |
| Amazon Web Services Inc | It Services | $15,133,914 |
Grants received · $1.1M total
14 grants to Educational Testing Service totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Chicago | Subaward | 2023 | $43,094 |
| The Blackbaud Giving Fund | General support | 2022 | $33,191 |
| The Blackbaud Giving Fund | General support | 2021 | $51,714 |
| The Blackbaud Giving Fund | General support | 2021 | $51,714 |
| Donor Advised Charitable Giving | Education | 2020 | $50,000 |
| Donor Advised Charitable Giving | Education | 2020 | $50,000 |
| Trustees of Boston University | Research research research | 2020 | $18,154 |
| Trustees of Boston University | Research research | 2019 | $193,076 |
| Trustees of Boston University | Research | 2018 | $175,022 |
| Trustees of Boston University | Research | 2017 | $228,006 |
| Trustees of Boston University | Research | 2016 | $103,570 |
| University Enterprises Inc | Stipends for students | 2016 | $6,638 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $5,480 |
| Trustees of Boston University | Research | 2015 | $44,854 |
Grants made · $485K in FY2023
21 grants totaling $485K in FY2023 — showing the 15 largest. All grants made by Educational Testing Service →
| Recipient | Purpose | Amount |
|---|---|---|
| Montgomery Township Board of Education | Support of local community educational programs | $66,490 |
| Council of Chief State School Officers | Support of local community educational programs | $64,979 |
| Education Law Center Inc | Support of local community educational programs | $50,000 |
| Council of Chief State School Officers | Support of local community educational programs | $50,000 |
| Hispa Inc | Support of local community educational programs | $28,690 |
| American Association of Hispanics In Higher Education Inc | Support of local community educational programs | $25,000 |
| Lawrence Township Education Foundation Inc | Support of local community educational programs | $25,000 |
| University of North Carolina At Charlotte | Support of local community educational programs | $25,000 |
| Childrens Home Society of New Jersey | Support of local community educational programs | $20,371 |
| Shiloh Community Development Corporation | Support of local community educational programs | $20,000 |
| Junior Achievement of New Jersey | Support of local community educational programs | $20,000 |
| Homefront Inc | Support of local community educational programs | $15,999 |
| Washington University | Support of local community educational programs | $10,000 |
| Tougaloo College | Support of local community educational programs | $10,000 |
| Boys & Girls Clubs of Mercer County Inc | Support of local community educational programs | $10,000 |
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Frequently asked questions
- Is Educational Testing Service a legitimate nonprofit?
- Yes. Educational Testing Service is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0634479, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is Educational Testing Service's EIN?
- Educational Testing Service's Employer Identification Number (EIN) is 21-0634479.
- How much revenue does Educational Testing Service report?
- Educational Testing Service reported $1,091,599,460 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Educational Testing Service's spending goes to programs?
- Educational Testing Service spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Educational Testing Service have?
- CharityIndex grades Educational Testing Service A, based on program efficiency and fundraising cost.
- How much does Educational Testing Service's highest-paid employee make?
- The highest reported compensation on Educational Testing Service's latest Form 990 is $1,586,797, paid to Amit Sevak (President & Ceo).
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Data for Educational Testing Service (EIN 21-0634479) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.