CONSORTIUM FOR GRADUATE STUDY IN MANAGEMENT Charity Report

Public IRS 990 nonprofit record

CONSORTIUM FOR GRADUATE STUDY IN MANAGEMENT

EIN 43-0962198 · Education (B)

What they do

THE CONSORTIUM for GRADUATE STUDY IN MANAGEMENT is A CONTINUALLY GROWING and EVOLVING ALLIANCE of SOME of THE WORLDS LEADING GRADUATE BUSINESS SCHOOLS and BUSINESS ORGANIZATIONS, SUPPORTED BY THE (CONTINUED ON SCHEDULE O)STRENGTH of OUR EXTENDED NETWORK of STUDENTS and ALUMNI. THE MISSION, THROUGH THE STRENGTH of OUR GROWING ALLIANCE and EXTENDED NETWORK, is to ENHANCE DIVERSITY and INCLUSION IN GLOBAL BUSINESS EDUCATION and LEADERSHIP BY STRIVING to REDUCE THE SIGNIFICANT UNDERREPRESENTATION of AFRICAN AMERICANS, HISPANIC AMERICANS, and NATIVE AMERICANS IN BOTH OUR MEMBER SCHOOLS ENROLLMENTS and THE RANKS of GLOBAL MANAGEMENT. WE BELIEVE THIS MISSION CAN BE ACHIEVED BY RECRUITING for GRADUATE BUSINESS EDUCATION QUALIFIED U.S. CITIZENS and U.S. PERMANENT RESIDENTS WHO DEMONSTRATE A COMMITMENT to THE CONSORTIUMS MISSION and WHO CAN BEST ASSIST THE CONSORTIUM IN PURSUING THIS MISSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders30 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.07%of revenue went to mission work97.5% of expenses · Program services

0.43%of revenue went to fundraising0.4% of expenses

$101.57spent for every $100 of revenueSpending was higher than revenue this year.

2.07%of revenue went to management and office costs2.0% of expenses

$0.11in assets for every $1 spent this yearSome assets cannot be spent right away.

2.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $983,274 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $414,001 for PETER J ARANDA III (EXECUTIVE DIRECTOR & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$62,508,455

Mission workProgram services$61,928,14299.07% of revenue97.5% of expenses

ManagementOffice and general costs$1,292,9682.07% of revenue2.0% of expenses

FundraisingAsking for donations$270,6190.43% of revenue0.4% of expenses

Total expenses$63,491,729101.57% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 97.5% mission · 2.0% management · 0.4% fundraisingTotal expenses: 101.57% of revenue

2023Expense mix: 97.8% mission · 1.4% management · 0.8% fundraisingTotal expenses: 102.01% of revenue

2022Expense mix: 97.6% mission · 1.6% management · 0.9% fundraisingTotal expenses: 100.14% of revenue

2021Expense mix: 97.8% mission · 1.3% management · 0.9% fundraisingTotal expenses: 98.11% of revenue

2020Expense mix: 97.4% mission · 1.7% management · 0.9% fundraisingTotal expenses: 97.84% of revenue

2019Expense mix: 97.4% mission · 1.7% management · 0.9% fundraisingTotal expenses: 99.50% of revenue

2018Expense mix: 96.9% mission · 1.9% management · 1.2% fundraisingTotal expenses: 99.23% of revenue

2017Expense mix: 96.4% mission · 2.2% management · 1.4% fundraisingTotal expenses: 98.78% of revenue

Money in and money out

Revenue$62,508,455

Expenses$63,491,729

Annual shortfall $983,274 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$61,928,142 · 97.5% of expenses

Management and office costs$1,292,968 · 2.0% of expenses

Fundraising$270,619 · 0.4% of expenses

See all reported dollar amounts

Revenue$62,508,455

Expenses$63,491,729

Assets$7,137,399

Income$62,509,318

Contributions$1,693,601

Mission work (program services)$61,928,142

Fundraising$270,619

Grants given$10,000

Average grant$5,000

Management and general$1,292,968

Stocks and bonds$4,692,915

Accounting fees$55,656

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER J ARANDA IIIEXECUTIVE DIRECTOR & CEO · 40 hrs/week $414,001Base $329,015 · Other $84,986

KIMBERLY ALEXANDERVP OF DEVELOPMENT · 40 hrs/week $235,922Base $177,197 · Other $58,725

GLENN WILENVP OF FINANCE & ADMINISTRATION · 40 hrs/week $216,062Base $163,894 · Other $52,168

JANICE WELLS-WHITECHIEF OPERATING OFFICER (THRU 8/24) · 40 hrs/week $162,937Base $124,484 · Other $38,453

MICHAEL BATESVP OF PROGRAMMING · 40 hrs/week $99,546

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (30)

PETER J ARANDA IIIEXECUTIVE DIRECTOR & CEO

KIMBERLY ALEXANDERVP OF DEVELOPMENT

GLENN WILENVP OF FINANCE & ADMINISTRATION

JANICE WELLS-WHITECHIEF OPERATING OFFICER (THRU 8/24)

MICHAEL BATESVP OF PROGRAMMING

NOEMI MORILLO-VASQUEZTRUSTEE

LINA BELLTRUSTEE

MARVELL NESMITHTRUSTEE

MICHAEL ROBINSONTRUSTEE

MICHELLE AITALATRUSTEE

KAVITH BINDRATRUSTEE

RASHID FARRELLTRUSTEE (THRU 8/24)

REBEKAH LEWINTRUSTEE

RODRIGO MALTATRUSTEE

RUBY JONESTRUSTEE

SUDIPTA DASMOHAPATRATRUSTEE

WIL TORRESTRUSTEE

ALEX LAWRENCETRUSTEE

JIM HOLMENTRUSTEE

JEAN GEKLERTRUSTEE

ELIDA BATISTATRUSTEE

DOROTHY KITTNERBOARD CHAIR

DAVID WOOTENTRUSTEE

CYNTHIA SAUNDERS-CHEATHAMCHAIR ELECT

CRYSTAL FAZALTRUSTEE

COLLEEN MCMULLENTRUSTEE

CHRISTIAN WESTTRUSTEE

BRIAN RUGGIEROTRUSTEE

BLAIR SANFORDTRUSTEE

AMY MITSONTRUSTEE

About this charity

Recognized since: January 1971
Location: 229 CHESTERFIELD BUSINESS PARKWAY, CHESTERFIELD, MO 63005
County: St. Louis
In care of: ERIC ALLEN
Primary officer: ERIC ALLEN, EXECUTIVE DIRECTOR & CEO

How to reach them

WebsiteVisit the charity’s website Phone(636) 681-5553

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes