2026-04-17T09:37:23-04:00 2025-06-30 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2024-07-01 042227075 THE TUITION EXCHANGE INC TUIT 3019411827 3 BETHESDA METRO CENTER STE 700 BETHESDA MD 20814 DR KRISTIN R TICHENOR PRESIDENT 3019411827 2026-04-17 true false ROBERT F PREBOLA CPA P00575666 8146231880 2026-04-17 X 2024 2025-03-06 01:10:19Z DR KRISTIN R TICHENOR 3 BETHESDA METRO CENTER STE 700 BETHESDA MD 20814 896879 false X WWW.TUITIONEXCHANGE.ORG X 1954 MD TO ENSURE THAT ALL SEGMENTS OF THE POPULATION HAVE ACCESS TO MORE POST- SECONDARY EDUCATION THROUGH EXPANSION OF THE TUITION EXCHANGE SCHOLARSHIP PROGRAM. 11 11 7 11 0 1312 814920 854590 73893 19187 0 888813 875089 43750 40000 0 577869 690916 0 0 263908 308327 885527 1039243 3286 -164154 1848164 1550184 378860 160385 1469304 1389799 X TO ENSURE THAT ALL SEGMENTS OF THE POPULATION HAVE ACCESS TO MORE POST- SECONDARY EDUCATION THROUGH THE TUITION EXCHANGE SCHOLARSHIP PROGRAM. false false 805509 40000 854590 THE TUITION EXCHANGE IS A NATIONAL SCHOLARSHIP EXCHANGE PROGRAM FOR INSTITUTIONS OF HIGHER EDUCATION. THE PROGRAM IS A NETWORK OF COLLEGES AND UNIVERSITIES WILLING TO ACCEPT, TUITION-FREE (OR AT THE SET RATE), STUDENTS FROM FULL-TIME EMPLOYEES OF PARTICIPATING INSTITUTIONS. EACH PARTICIPATING INSTITUTION AGREES TO TRY TO BALANCE EXPORTED STUDENTS WITH IMPORTED STUDENTS. MEMBERS ESTABLISH THEIR OWN RULES FOR SENDING AND RECEIVING STUDENTS. TUITION EXCHANGE'S MAIN SOURCES OF REVENUE ARE MEMBERSHIP DUES AND PARTICIPATION FEES. FULL MEMBERSHIP SERVICES INCLUDE PROVIDING PRINT MARKETING MATERIALS, STAFF DEVELOPMENT TRAINING, DATA REPORTING, COMPREHENSIVE WEBSITE RESOURCES, ON-LINE APPLICATION PROCESS, EMAIL/CALL CENTER/ASSISTANCE FROM STAFF IN DAILY ON-CAMPUS ADMINISTRATION OF THE TUITION EXCHANGE PROGRAM, AND YEAR-ROUND RECRUITMENT OF NEW MEMBER INSTITUTIONS. GRANTS ARE ALSO AWARDED IN ORDER TO SUPPLEMENT TUITION EXCHANGE SCHOLARSHIPS FOR THOSE HIGH ACHIEVING STUDENTS WHO NEED MORE FINANCIAL HELP IN PAYING NON-TUITION COLLEGE EXPENSES. 805509 true false false false false false false false false false true false false false true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 2 0 true 7 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false MD X KRISTINE LEV 3019411827 3 BETHESDA METRO CENTER STE 700 BETHESDA MD 20814 LYNN M BYNUM CHAIRPERSON 2.00 X X 0 0 0 DR LUCIE LAPOVSKY TREASURER 2.00 X X 0 0 0 EDWIN J BUTTERFOSS DIRECTOR 2.00 X 0 0 0 DR ANTHONY S CAPRIO DIRECTOR 2.00 X 0 0 0 BARBARA B FRITZE DIRECTOR 2.00 X 0 0 0 MAUREEN A MCKINNON DIRECTOR 2.00 X 0 0 0 MICHAEL H SCOTT DIRECTOR 2.00 X 0 0 0 MELISSA J STONE DIRECTOR 2.00 X 0 0 0 PAUL W REDFERN DIRECTOR 2.00 X 0 0 0 YVONNE BERUMEN DIRECTOR 2.00 X 0 0 0 DAVID MOWEN DIRECTOR 2.00 X 0 0 0 DR KRISTIN R TICHENOR PRESIDENT 37.50 X 182693 0 35828 KRISTINE LEV - ASSOCIATE VP FINANCE AND OPERATIO 37.50 X 106430 0 15016 289123 50844 2 false true false 1312 1312 MEMBERSHIP DUES 900099 424200 424200 PARTICIPATION FEES 900099 386000 386000 ADMINISTRATIVE FEES 900099 44390 44390 854590 26365 26365 14612 21790 -7178 -7178 -7178 875089 847412 26365 40000 40000 269585 211741 57844 318927 250495 68432 31568 24794 6774 29107 22862 6245 41729 32775 8954 16935 16935 10790 10790 263 263 38469 33868 4601 84675 80441 4234 17395 16510 885 60226 18068 42158 54283 45598 8685 7661 7661 SERVICE CHARGES AND FEES 8822 8736 86 DUES AND SUBSCRIPTIONS 5427 5427 MEMBER TRAINING 1881 1881 LOSS-DISPOSAL FIXED ASSET 1500 1260 240 1039243 805509 233734 0 22014 18048 395144 232786 185 185 18284 9207 537636 57675 534843 479961 877694 809997 1848164 1550184 173355 2867 142500 122500 57300 31800 5705 3218 378860 160385 X 1469304 1389799 1469304 1389799 1848164 1550184 -164154 84649 X true X false true false X 1312 1312 695057 707580 755310 814920 854590 3827457 695057 707580 755310 814920 855902 3828769 3828769 68015 26032 36963 48152 26365 205527 68015 26032 36963 48152 26365 205527 763072 733612 792273 863072 882267 4034296 0.94910 0.94650 0.05000 0.05000 X 537636 57675 479961 479961 PAYROLL TAXES WITHELD 3218 3218 X SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TUITION EXCHANGE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2025, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2025, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2022 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATE AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2025, THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. true TUIT EXCH GRANT OPPURTUN 4 40000 SCHEDULE I, PAGE 1, PART I, LINE 2 THE TUITION EXCHANGE DOUBLE CHECKS THE FINAL ELIGIBILITY REQUIREMENTS (ACTUAL FAMILY CONTRIBUTION FROM FAFSA) WITH THE STUDENTS. SCHOLARSHIP PAYMENTS ARE SENT TO THE FINANCIAL AID OFFICES AT THE COLLEGE THE STUDENT ATTENDS WITH INSTRUCTIONS TO CONFIRM THE STUDENT'S ENROLLMENT. SCHOLARSHIP PAYMENTS CAN BE USED FOR NON-TUITION EXPENSES. A TUITION EXCHANGE LIASON OFFICER AT THE STUDENT'S HOME INSTITUTION ALSO CONFIRMS THE STUDENT ENROLLMENT AT AN ELIGIBLE INSTITUTION VIA THE TUITION EXCHANGE ANNUAL REPORT. X X X X false false false false false false false false false DR KRISTIN R TICHENOR PRESIDENT 182693 17995 17833 218521 FORM 990, PAGE 2, PART III, LINE 4A THE TUITION EXCHANGE IS A NATIONAL SCHOLARSHIP EXCHANGE PROGRAM FOR INSTITUTIONS OF HIGHER EDUCATION. THE PROGRAM IS A NETWORK OF COLLEGES AND UNIVERSITIES WILLING TO ACCEPT, TUITION-FREE (OR AT THE SET RATE), STUDENTS FROM FULL-TIME EMPLOYEES OF PARTICIPATING INSTITUTIONS. EACH PARTICIPATING INSTITUTION AGREES TO TRY TO BALANCE EXPORTED STUDENTS WITH IMPORTED STUDENTS. MEMBERS ESTABLISH THEIR OWN RULES FOR SENDING AND RECEIVING STUDENTS. TUITION EXCHANGE'S MAIN SOURCES OF REVENUE ARE MEMBERSHIP DUES AND PARTICIPATION FEES. FULL MEMBERSHIP SERVICES INCLUDE PROVIDING PRINT MARKETING MATERIALS, STAFF DEVELOPMENT TRAINING, DATA REPORTING, COMPREHENSIVE WEBSITE RESOURCES, ON-LINE APPLICATION PROCESS, EMAIL/CALL CENTER/ASSISTANCE FROM STAFF IN DAILY ON-CAMPUS ADMINISTRATION OF THE TUITION EXCHANGE PROGRAM, AND YEAR-ROUND RECRUITMENT OF NEW MEMBER INSTITUTIONS. GRANTS ARE ALSO AWARDED IN ORDER TO SUPPLEMENT TUITION EXCHANGE SCHOLARSHIPS FOR THOSE HIGH ACHIEVING STUDENTS WHO NEED MORE FINANCIAL HELP IN PAYING NON-TUITION COLLEGE EXPENSES. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF FORM 990 IS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR AND EMPLOYEE ANNUALLY SIGNS A CONFLICT OF INTEREST STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS: RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; HAS READ AND UNDERSTANDS THE POLICY; AND HAS AGREED TO COMPLY WITH THE POLICY. IN THE EVENT THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST, THEY DISCLOSE THE CONFLICT AND DO NOT PARTICIPATE IN ANY RELATED DELIBERATIONS OR DECISIONS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTANT, USING COMPARATIVE DATA OF OTHER NON-PROFIT ORGANIZATIONS FOR THE TOP EXECUTIVE POSITION. UTILIZING THIS INFORMATION, THE BOARD OF DIRECTORS DETERMINE AND APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 19 THE TUITION EXCHANGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.