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How profitable is CollegeBoard / SAT Company?

On January 4, 2010, in ACT, Education, General, Tutoring, by Raju Gupta
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An interesting article in Fortune Magazine which gives insight into financials of CollegeBoard (a “non-profit” which owns the SAT and other exams) and American College Testing (which owns the ACT test). According to the article:

  • The most recent fiscal year revenue for CollegeBoard is $631 million. Net “excess” (profit) for the same year is $57 million.
  • Heads of both organizations earned salaries above $500,000.

ACT financial numbers were not revealed. You can read the full article here.

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