Those with an interest in knowing where all the money goes will be happy to know that the 2022 audit of the College Board is now available via Propublica.
Operating revenue is up a shade to 915 million dollars.
That’s an impressive figure, though it is still below the pre-pandemic high of 1.04 billion dollars (from 2019).
Total assets are now two billion dollars. As usual, that’s an all-time high.
The amount College Board paid ETS for services rendered hit 312 million dollars in 2022. That makes up 35% of College Board’s expenses (and about 30% of ETS’s revenue). I’m always surprised when this number goes up, as I rarely hear anyone from ETS talk about the work they do for College Board nowadays.