Association of Governing Boards of Universities and Colleges
Association of Governing Boards of Universities and Colleges reported $16.7 million in revenue and $15.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $64.84 went to program services, $31.45 to management and general costs and $3.71 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.2% of the total. The highest compensation it reported for one person was $435,422 (PRINCIPAL). 26 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 64.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 31.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.27 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $435,422 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.75% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 26 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 9 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseConferences, institutes, convenings, and agb consulting: agb's conferences, institutes, webinars, and convenings provide critical education and professional development to highereducation Governing Boards, senior administrators, and key stakeholders. These programs equip participants with best practices, emerging trends, and governance strategies necessary to address complex challenges in higher education. Agb offered a range of virtual and in-person events, including the foundation leadership forum, board professionals conference, national conference on trusteeship, specialized institutes…
Insights, research, tools and other resources: in addition to trusteeship magazine published six times per year for members, agb publishes books, reports, board statements, blogs, survey findings, webinars, videos, podcasts, and other resources. These are contained in the agb knowledge center on agb.org, which serves as a content hub for best practices, expert insights, research reports, tools and toolkits, and other educational materials. Additionally, agb offers new board member orientation for introducing board members to higher education governance, essential board responsibilities, board…
Advocacy and public policy: agb works to ensure the views of our members are at the forefront of state and federal policy discussions regarding board governance, institutional leadership, student success, and institutional vitality. We work to improve society's understanding and perception of the value of higher education, and we sponsor a number of other advocacy projects that address pressing issues in higher education
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRINCIPAL Officer, 1.00 hrs/week | $0 | $370,237 | $65,185 | $435,422 |
| EXECUTIVE VP UNTIL 06/25 Officer, 40.00 hrs/week | $358,658 | $0 | $50,186 | $408,844 |
| SENIOR VP & TREASURER Officer, 40.00 hrs/week | $319,213 | $0 | $75,100 | $394,313 |
| SENIOR VICE PRESIDENT Officer, 40.00 hrs/week | $353,724 | $0 | $40,292 | $394,016 |
| SENIOR VICE PRESIDENT Officer, 40.00 hrs/week | $312,899 | $0 | $39,557 | $352,456 |
| INT. PRESIDENT & CEO UNTIL 08/24 Officer, 39.00 hrs/week | $315,332 | $0 | $0 | $315,332 |
| SENIOR VICE PRESIDENT Officer, 40.00 hrs/week | $239,018 | $0 | $50,969 | $289,987 |
| SENIOR VICE PRESIDENT Officer, 40.00 hrs/week | $219,960 | $0 | $38,169 | $258,129 |
26 people received more than $100,000 in reportable compensation from Association of Governing Boards of Universities and Colleges (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 553
- Volunteers Part I, line 6497
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Association of Governing Boards of Universities and Colleges totaling $235K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Association of Governing Boards of Universities and Colleges's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Association of Governing Boards of Universities and Colleges, you can publish a response that is linked from this page.
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Of every $100 Association of Governing Boards of Universities and Colleges spent in FY2025, $64.84 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Manna WorldwideFort Worth, TX · revenue $17M · programs 94.3% · 2024
- Sherman College of Straight ChiropracticSpartanburg, SC · revenue $17M · programs 76.5% · 2025
- Kean University FoundationUnion, NJ · revenue $17M · programs 56.0% · FY2025
- The Post Oak SchoolBellaire, TX · revenue $17M · programs 83.5% · FY2025
- Tiger Woods FoundationAnaheim, CA · revenue $17M · programs 75.0% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of Association of Governing Boards of Universities and Colleges's spending goes to programs?
In the fiscal year ending June 30, 2025, Association of Governing Boards of Universities and Colleges reported that 64.8% of its $15.8 million in expenses went to program services, 31.4% to management and general and 3.7% to fundraising (Form 990, Part IX).
How much does Association of Governing Boards of Universities and Colleges pay its top executive?
The largest total compensation Association of Governing Boards of Universities and Colleges reported for one person in the fiscal year ending June 30, 2025 was $435,422, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Association of Governing Boards of Universities and Colleges get its money?
Of $16.7 million in revenue in the fiscal year ending June 30, 2025, 13.1% came from contributions and grants and 78.2% from program service revenue (Form 990, Part VIII).
Is Association of Governing Boards of Universities and Colleges a registered charity?
The IRS lists EIN 84-0502574 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513179349302531 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423189349303612 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313079349301216 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213149349307001 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133199349301448 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003169349304880 · read the filing
All filings for EIN 84-0502574: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.