2025-04-07T11:05:31-05:00 2024-06-30 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32ND FL NEW YORK NY 10005 990 2023-07-01 132998164 LAW SCHOOL ADMISSION COUNCIL C/O SUSAN KRINSKY LAWS 2159681298 662 PENN STREET NEWTOWN PA 18940 SUSAN KRINSKY INTERIM CEO 2159681298 2025-04-07 1 0 FREDERICK E DAVIS JR P00446023 2127094500 2025-04-07 2023 2025-03-06 01:10:19Z ANA TAVARES 662 PENN STREET NEWTOWN PA 18940 112311843 0 X WWW.LSAC.ORG X 1979 PA LSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY PROMOTING ACCESS, EQUITY, AND FAIRNESS IN LAW SCHOOL ADMISSION AND SUPPORTING THE LEARNING JOURNEY FROM PRELAW THROUGH PRACTICE.LSAC PROVIDES PRODUCTS AND SERVICES THAT SUPPORT CANDIDATES AND SCHOOLS THROUGHOUT THE LAW SCHOOL ADMISSION PROCESS, AND INNOVATIVE SOLUTIONS TO EXPAND THE RANGE OF PRELAW STUDENTS, ENHANCE STUDENT OUTCOMES IN LAW SCHOOL, AND SUPPORT LEGAL PROFESSIONALS THROUGHOUT THEIR CAREERS. 25 24 445 26 6000 44658 1628 30000 86444255 100329326 9337552 9420994 1794248 1122572 97577683 110902892 1858857 1067137 0 0 54545071 56144682 0 0 0 57653482 58013144 114057410 115224963 -16479727 -4322071 276647279 290409559 38311755 41264854 238335524 249144705 X LSAC IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADVANCE LAW AND JUSTICE BY PROMOTING ACCESS, EQUITY, AND FAIRNESS IN LAW SCHOOL ADMISSION AND SUPPORTING THE LEARNING JOURNEY FROM PRELAW THROUGH PRACTICE.LSAC PROVIDES PRODUCTS AND SERVICES THAT SUPPORT CANDIDATES AND SCHOOLS THROUGHOUT THE LAW SCHOOL ADMISSION PROCESS, AND INNOVATIVE SOLUTIONS TO EXPAND THE RANGE OF PRELAW STUDENTS, ENHANCE STUDENT OUTCOMES IN LAW SCHOOL, AND SUPPORT LEGAL PROFESSIONALS THROUGHOUT THEIR CAREERS. 0 0 50222715 93505 98591753 ADMINISTERED LAW SCHOOL ADMISSION TESTS (LSAT). PROVIDED THE LAW SCHOOL CREDENTIAL ASSEMBLY SERVICE (CAS) FOR CANDIDATES. PREPARED AND SENT REPORTS TO LAW SCHOOLS ON BEHALF OF CANDIDATES, CONDUCTED EDUCATIONAL RESEARCH FOR THE LEGAL COMMUNITY. PROVIDED ONLINE TEST PREP TO SUBSCRIBERS THROUGH LAWHUB. LAW SCHOOL TRANSPARENCY (LST) HELPS PRELAW STUDENTS MAKE STRATEGIC CHOICES ABOUT WHERE TO ATTEND LAW SCHOOL. THERE WERE MANY NEW SUBSCRIBERS AND ENROLLMENTS. LEARN SKILLS THAT WILL HELP YOU SUCCEED FROM EXPERTS ACROSS THE PROFESSION VIA THE MODERN LAW PRACTICE (MLP). 14666723 1169297 HELD VARIOUS TRAINING AND EDUCATION PROGRAMS FOR MEMBER LAW SCHOOL ADMISSION PROFESSIONALS. PROVIDED PROFESSIONAL CONSULTING SERVICES TO VARIOUS LAW SCHOOLS. 4604113 853900 HELD IN-PERSON AND DIGITAL NATIONAL LAW SCHOOL FORUMS TO ACQUAINT STUDENTS WITH THEIR LEGAL EDUCATION ALTERNATIVES. HELD AN ANNUAL MEETING FOR MEMBER SCHOOLS TO ATTEND. 8695978 973632 658227 CONDUCTED PROGRAM AND RESEARCH TO ADVANCE ACCESS TO LEGAL EDUCATION. 8695978 973632 658227 78189529 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 159 0 1 445 1 1 1 1 IN 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANA TAVARES 2159681298 662 PENN STREET NEWTOWN PA 18940 ELENA MARIA MARTY-NELSON ASSESSMENTS COMMITTEE CHAI 1.50 X 0 0 0 ELIZABETH KRONK WARNER CHAIR, AUDIT; CHAIR, EXECU 1.50 X 0 0 0 JANNELL LUDY ROBERTS CHAIR, EMERGING MARKETS AN 1.50 X 0 0 0 JUSTIN CRUZ APPOINTEE-AT-LARGE 1.50 X 0 0 0 ROBERT SCHWARTZ CHAIR, SCHOOLS AND CANDIDA 1.50 X 0 0 0 SHANI BUTTS CHAIR, DIVERSITY, EQUITY A 1.50 X 0 0 0 SONDRA TENNESSEE APPOINTEE-AT-LARGE 1.50 X 0 0 0 MARCILYNN BURKE BOARD CHAIR 1.50 X 0 0 0 ANGELA ONWUACHI-WILLIG CHAIR, INVESTMENT COMMITTEE 1.50 X 0 0 0 SARAH C ZEARFOSS TRUSTEE 1.50 X 0 0 0 MYA RIMON TRUSTEE 1.50 X 0 0 0 PATRICIA ROBERTS TRUSTEE 1.50 X 0 0 0 REBECCA SCHELLER CHAIR, ELECT 1.50 X 0 0 0 REYNALDO VELENCIA TRUSTEE 1.50 X 0 0 0 LOLITA BUCKNER INNISS TRUSTEE 1.50 X 0 0 0 DANIEL M FILLER TRUSTEE 1.50 X 0 0 0 JOHANNA KALB TRUSTEE 1.50 X 0 0 0 BIANCA MACK TRUSTEE 1.50 X 0 0 0 BEKAH SAIDMAN-KRAUSS TRUSTEE 1.50 X 0 0 0 ANA TAVARES CHIEF FINANCIAL OFFICER 37.50 X 497606 0 41625 SUSAN KRINSKY INTERIM-PRESIDENT/CEO FROM 7/1/24 37.50 X 471401 0 31181 AMY BETH DAMBECK GENERAL COUNSEL AND CORPOR 37.50 X 386560 0 21849 DISANZO FRANCIS INTERIM CIO AS OF 3/13/24 37.50 X 259783 0 16363 KELLYE Y TESTY PRESIDENT AND CEO UNTIL 6/30/24 37.50 X 977756 0 23495 ANNMARIE LEVINS CHIEF STRATEGY OFFICER 37.50 X 428826 0 41824 TROY LOWRY CIO THRU 3/13/24 37.50 X 379202 0 35580 3401134 0 211917 7 1 1 0 PROCTORU INC 3687 OLD SANTA RITA RD SUITE 202 PLEASANTON CA 94588 REMOTE TEST PROCTORING SERVICES 5705990 ACCION LABS US INC 1225 WASHINGTON PIKE 401 BRIDGEVILLE PA 15017 CONSULTING SERVICES 2011387 MICROSOFT CORPORATION1 ONE MICROSOFT WAY REDMOND WA 98052 CONSULITNG SERVICES 1567506 DOUGHERTY CLIFFORD & WADSWORTH 895 MARCONI AVENUE RONKONKOMA NY 11779 DIGITAL ADVERTISING 1384192 MICRO-DATA SYSTEMS INC 71 EAST MAIN STREET HOLMDEL NJ 07733 SUPPORT PERSONELL PROVIDER 1097568 5 30000 30000 ADMISSION FEES: LSAT 611710 50514297 50514297 ADMISSION FEES: CAS 611710 32194549 32194549 LAWHUB 611710 12204371 12204371 FOREIGN LLM 611710 2560056 2560056 LEGAL EDUCATION CONSULTING SERVIC 611710 863409 863409 1992644 1986644 6000 100329326 2822068 2822068 7686123 1087197 6598926 6598926 6598926 490374 321754 168620 168620 LICENSING FEE 611710 929306 929306 OTHER OPERATING INCOME 611710 24646 24646 953952 110902892 110866892 6000 0 1067137 1067137 46956751 27710191 19246560 2896030 1563813 1332217 3004227 1918056 1086171 3287674 1940127 1347547 1028692 1028692 405584 405584 514716 514716 4614180 3700636 913544 155569 137585 17984 768476 669047 99429 9510014 4336050 5173964 1166869 40253 1126616 1375345 959627 415718 2572074 2518213 53861 6165088 5115001 1050087 692488 692488 FEE WAIVER 12078444 12078444 TEST ADMINISTRATION 11092883 11095115 -2232 CREDIT CARD PROCESSING 2539989 2412990 126999 SALES TAX AND OTHER TAX 1573218 41 1573177 1759515 927203 832312 115224963 78189529 37035434 0 4948240 5595594 11738479 11183888 2372525 2838861 202501 82743 3374960 4245712 38222074 29329918 9471146 8892156 217431828 230216223 26881254 27143363 226346 211019 276647279 290409559 11788218 11080096 15449494 19091137 23451 0 11050592 11093621 38311755 41264854 X 238335524 249144705 238335524 249144705 276647279 290409559 X -4322071 15307306 -176054 X X 0 1 X 1 0 X 5393900 199000 1628 30000 5624528 68654515 94923067 84615974 86168644 100323326 434685526 68654515 100316967 84814974 86170272 100353326 440310054 0 0 0 440310054 721950 997870 698560 2133501 2822067 7373948 721950 997870 698560 2133501 2822067 7373948 36559 6000 42559 4912845 2139296 1234834 562153 953952 9803080 74289310 103454133 86784927 88865926 104135345 457529641 0.96240 0.95230 0.01610 0.01340 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LICENSING FEE - 2019 AMOUNT: $ 3,822,270. 2020 AMOUNT: $ 530,979. 2021 AMOUNT: $ 616,282. 2022 AMOUNT: $ 562,153. 2023 AMOUNT: $ 929,306. APPLICATION PROCESSING FEES - 2019 AMOUNT: $ 1,090,575. 2020 AMOUNT: $ 1,608,317. 2021 AMOUNT: $ 618,552. OTHER OPERATING INCOME - 2023 AMOUNT: $ 24,646. SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME: FY18, 19, 20, 21, 22 THE APPLICATION FEES WERE RECORDED TO ACCOUNT 3651 OTHER OPERATING INCOME STARTING IN FY22 THEY ARE BEING RECORDED TO ACCOUNT 3503 OTHER DATA SERVICE FEES, APPLICATION PROCESSING FEES LISTED ON THIS SCHEDULE IS 0. 20350924 12884751 7466173 17871150 16445167 1425983 8892156 NUMERIC INVESTOR/US EQUITY 45253378 F INTERNATIONAL COREFUND/INTERNATIONAL EQUITY 178856453 F GOLDEN TREE HIGH YIELD 6106392 F 230216223 ACCRUED POSTRETIREMENT BENEFIT 11093621 11093621 X PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST OR PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME-TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PROGRAM SERVICES ADMINISTER TEST 172226 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES PROGRAM SERVICES ADMINISTER TEST 179963 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 PROGRAM SERVICES ADMINISTER TEST 112937 1 0 0 0 1 0 465126 0 465126 NORTH AMERICA PIPELINE GRANT 7500 CHECK 0 0 0 0 0 1 0 SCHEDULE F, PART 1, LINE 2 ALL GRANTS INCLUDING BUT NOT LIMITED TO PATHWAY GRANTS FOR MORE THAN $2,500 ARE REVIEWED BY THE FUNCTIONAL AREA LEADERSHIP. THE INTERNAL COMMITTEE REVIEWS AND DISCUSSES THE GRANT REQUEST AND MAKES FUNDING DETERMINATIONS. FOR ALL GRANTS EXCEEDING $10,000, INTERNAL LSAC STAFF BUDGET COMMITTEE APPROVAL IS REQUIRED PRIOR TO SIGNING A CONTRACT. CORPORATE LEVEL GRANT OPPORTUNITIES ARE REVIEWED BY SENIOR LEADERSHIP AND REVIEWED BY THE LSAC BOARD OF TRUSTEES ON A CASE-BY-CASE BASIS. UPON APPROVAL, A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDED DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UP TO ENSURE THAT THE TERMS OF EACH GRANT ARE MET. 1 THE UNIVERSITY OF MEMPHIS 101 WILDER TOWER MEMPHIS TN 38152 626048540 501(3) 12783 0 PLUS 2023 SEATTLE UNIVERSITY 1301 2ND AVE SEATTLE WA 98122 910565006 501(3) 50000 0 PLUS 2024 NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION 1801 FAYETTEVILLE ST DURHAM NC 27707 237410301 501(3) 64332 0 PLUS 2023 THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND 6823 ST CHARLES AVENUE NEW ORLEANS LA 70112 720423889 501(3) 16835 0 PLUS 2023 UNIVERSITY OF PUERTO RICO 14 AVE UNIVERSIDAD STE 1401 SAN JUAN PR 00925 660277132 501(3) 13381 0 PLUS 2023 NATIONAL CENTER FOR CIVIC INNOVATION - EA MILE 121 AVENUE OF THE AMERICAS 6TH FL NEW YORK NY 10013 020590588 501(3) 16612 0 EQUITY ACCELERATOR NORFOLK STATE UNIVERSITY FOUNDATION INC 700 PARK AVE HBW 410 NORFOLK VA 23504 237235954 501(3) 16543 0 NYC FORUM FAYETTEVILLE STATE UNIVERSITY 1200 MURCHSISON RD FAYETTEVILLE NC 28391 237029901 501(3) 13460 0 ATLANTA FORUM TUSKEGEE UNIVERSITY PO BOX 1304 TUSKEGEE INSTITUTE AL 36087 630288878 501(3) 16876 0 ATLANTA FORUM REUBEN V ANDERSON CENTER FOR JUSTICE 5000 W COUNTY LINE RD TOUGALOO MS 39174 843206571 501(3) 14400 0 ATLANTA FORUM UNIVERSITY OF BALTIMORE 1420 N CHARLES STREET BALTIMORE MD 21201 237036780 501(3) 28000 0 PIPELINE GRANT TRUSTEES OF BOSTON UNIVERSITY 881 COMMONWEALTH AVE BOSTON MA 02215 042103547 501(3) 100000 0 PLUS 2023 AND 2024 THE PENNSYLVANIA STATE UNIVERSITY 150 SOUTH COLLEGE STREET CARLISLE PA 17013 246000376 SECTION 115 125000 0 ANTIRACIST DEVELOPMENT INSTITUTE JUST THE BEGINNING 70 W MADISON ST STE 2900 CHICAGO IL 60602 363903197 501(3) 7500 0 PIPELINE GRANT SOUTHERN UNIVERSITY LAW CENTER PO BOX 9294 2 ROOSEVELT STEPTOE AVE BATON ROUGE LA 70813 726000817 10000 0 PATHWAY GRANT UTAH CENTER FOR LEGAL INCLUSION 645 SOUTH 200 EAST SALT LAKE CITY UT 84111 815304446 501(3) 7500 0 PATHWAY GRANT WESTERN NEW ENGLAND UNIVERSITY 1215 WILBRAHAM ROAD SPRINGFIELD MA 01119 042108376 501(3) 6000 0 PATHWAY GRANT UNIVERSITY OF TOLEDO FOUNDATION 4150 DORR STREET TOLEDO OH 43615 346555110 501(C) 7500 0 PATHWAY GRANT UNIVERSITY OF NEVADA LAS VEGAS FOUNDATION 4505 S MARYLAND PKWY 451006 LAS VEGAS NV 89154 942790134 501(C) 7500 0 PATHWAY GRANT SUFFOLK UNIVERSITY 8 ASHBURTON PLACE BOSTON MA 02108 042133255 501(3) 7500 0 PATHWAY GRANT YOUTH JUSTICE ALLIANCE 1700 S LAMAR BLVD 338 AUSTIN TX 78704 861221018 501(3) 7000 0 PATHWAY GRANT FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES 1102 Q STREET SUITE 4800 SACRAMENTO CA 95811 680412350 501(3) 7500 0 PATHWAY GRANT UNIVERSITY OF DENVER 2199 S UNIVERSITY BLVD DENVER CO 80210 840404231 501(3) 70404 0 RESEARCH INDIANA UNIVERSITY RESEARCH DEPT 78867 PO BOX 78000 DETROIT MI 48278 356001673 501(C) 338408 0 RESEARCH UNIVERSITY OF MISSOURI - COLUMBIA SCHOOL OF LAW 233 HULSTON HALL COLUMBIA MO 65211 436003859 SECTION 115 10500 0 MINK LAWFAIR 2022,2023 AND 2024 TRAVEL SUBSIDY - ATLANTA FORUM 45 7231 PART I, LINE 2: ALL GRANTS INCLUDING BUT NOT LIMITED TO PATHWAY GRANTS FOR MORE THAN $2,500 ARE REVIEWED BY THE FUNCTIONAL AREA LEADERSHIP. THE INTERNAL COMMITTEE REVIEWS AND DISCUSSES THE GRANT REQUEST AND MAKES FUNDING DETERMINATIONS. FOR ALL GRANTS EXCEEDING $10,000, INTERNAL LSAC STAFF BUDGET COMMITTEE APPROVAL IS REQUIRED PRIOR TO SIGNING A CONTRACT. CORPORATE LEVEL GRANT OPPORTUNITIES ARE REVIEWED BY SENIOR LEADERSHIP AND REVIEWED BY THE LSAC BOARD OF TRUSTEES ON A CASE-BY-CASE BASIS. UPON APPROVAL, A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDED DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UP TO ENSURE THAT THE TERMS OF EACH GRANT ARE MET. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 KELLYE Y TESTY PRESIDENT AND CEO UNTIL 6/30/24 902756 0 75000 0 0 0 23100 0 395 0 1001251 0 0 0 ANA TAVARES CHIEF FINANCIAL OFFICER 472606 0 25000 0 0 0 21450 0 20175 0 539231 0 0 0 SUSAN KRINSKY INTERIM-PRESIDENT/CEO FROM 7/1/24 471401 0 0 0 0 0 21450 0 9731 0 502582 0 0 0 ANNMARIE LEVINS CHIEF STRATEGY OFFICER 428826 0 0 0 0 0 21450 0 20374 0 470650 0 0 0 TROY LOWRY CIO THRU 3/13/24 379202 0 0 0 0 0 21450 0 14130 0 414782 0 0 0 AMY BETH DAMBECK GENERAL COUNSEL AND CORPOR 386560 0 0 0 0 0 21450 0 399 0 408409 0 0 0 DISANZO FRANCIS INTERIM CIO AS OF 3/13/24 259783 0 0 0 0 0 16363 0 0 0 276146 0 0 0 PART I, LINE 7 THE BOARD APPROVES COMPENSATION, INCLUDING BONUS FOR THE PRESIDENT AND CEO. ALL OTHER BONUSES ARE DETERMINED BY THE CEO. ALL COMPENSATION IS BENCHMARKED TO MARKET DATA. FORM 990, PART VI, SECTION A, LINE 6 A SCHOOL OF LAW IS ELIGIBLE FOR MEMBERSHIP IN THE LAW SCHOOL ADMISSION COUNCIL (LSAC) IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS A LAW SCHOOL APPROVED BY THE AMERICAN BAR ASSOCIATION (ABA) OR A MEMBER OF THE ASSOCIATION OF AMERICAN LAW SCHOOLS (AALS), OR IT IS A CANADIAN LAW SCHOOL THAT GRANTS DEGREES THAT ARE RECOGNIZED BY A PROVINCIAL OR TERRITORIAL LAW SOCIETY OR GOVERNMENT AGENCY AS AN APPROVED ACADEMIC CREDENTIAL FOR PERSONS SEEKING ADMISSION TO THE BAR IN ONE OF THE PROVINCES OR TERRITORIES OF CANADA. THE BOARD OF TRUSTEES OF THE COUNCIL MAY AT ITS DISCRETION AND FOLLOWING A PERIOD FOR NOTICE AND COMMENT AMONG THE CURRENT MEMBERS, ADMIT INTO MEMBERSHIP A LAW SCHOOL OUTSIDE OF THE UNITED STATES AND CANADA IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS ACCREDITED BY A GOVERNMENTALLY RECOGNIZED, NATIONAL ACCREDITING AUTHORITY OR ITS DEGREES MEET THE LEGAL EDUCATION REQUIREMENT FOR BAR MEMBERSHIP THROUGHOUT ITS HOME COUNTRY. THERE ARE CURRENTLY 197 US MEMBER LAW SCHOOLS, AND 18 CANADIAN MEMBER LAW SCHOOLS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER LAW SCHOOL HAS ONE VOTE. THE MEMBERS ELECT THE CHAIR OF THE BOARD OF TRUSTEES EVERY OTHER YEAR. ALL COMPENSATION IS BENCHMARKED TO MARKET DATA FORM 990, PART VI, SECTION A, LINE 7B A MEMBER LAW SCHOOL CAN PROPOSE AN AMENDMENT TO THE BYLAWS AND UPON APPROVAL OF A MAJORITY OF THE MEMBERS THE BYLAWS CAN BE AMENDED. FORM 990, PART VI, SECTION B, LINE 11B LSAC'S FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT AUDITORS. AFTER MANAGEMENT REVIEW, A COPY OF THE FORM IS PROVIDED TO BOTH THE LSAC AUDIT COMMITTE AND THE BOARD OF TRUSTEES, PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS LSAC BOARD OF TRUSTEES MEMBERS, COMMITTEE MEMBERS AND VOLUNTEERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY, ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS, AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY LSAC'S GENERAL COUNSEL. ON AN ANNUAL BASIS, OFFICERS AND KEY LSAC STAFF MEMBERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY AND ARE ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY LSAC'S GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION APPOINTS AN EXECUTIVE COMPENSATION COMMITTEE, NORMALLY 3-5 MEMBERS FROM THE BOARD OF TRUSTEES AND NAMED BY THE LSAC CHAIR. THE EXECUTIVE COMPENSATION COMMITTEE ENLISTS THE ASSISTANCE OF AN OUTSIDE FIRM OR SPECIALIST THAT IS ABLE TO PROVIDE COMPARATIVE INFORMATION ABOUT PROCESS AND COMPENSATION ITSELF. AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS, THE LSAC PRESIDENT PRESENTS TO THE BOARD A BUDGET ITEM REGARDING THE PROPOSED COMPENSATION POOL OF STAFF INCREASES OR ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 LSAC MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENALTIES -3,765. POST RETIREMENT BENEFIT YEAR END ADJUSTMENT 888,281. INTANGIBLE IMPAIRMENT AND FIXED ASSETS DISPOSAL -1,060,570. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR LSAG INDIA LLP WEWORK FORUM DLF CYBER CITY PHASE- GURUGRAM IN 122002 EDUCATIONAL SERVICES IN LSAC RELATED 0 0 0.99990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 LSAG INDIA LLP R 0 FMV