Every — school, student, nation, culture — tells a story

Annual
Report
accrediting council for independent colleges and schools
Every — school, student, nation, culture — tells a story
01
02
04
Impacting Education
Quality Internationally
Enhancing Student
Achievement Through
Accountability
Students’
Stories
08
Opportunities to
Shape Thought
10 12
14
16
29
Leadership
Message
06
By the Numbers:
Strength through
Activity, Renewal
Financial Statements
and Independent
Auditor’s Report
Engaging Thought
Leaders
2013 Accredited
Institutions
Annual Conference
Photo Gallery
38
2013 Council
Members
Dear Member Institutions:
Leadership
Message
In preparing for the enduring demand for quality career education, 2013 represented
significant opportunities and substantial achievements for ACICS and its member
institutions. Not every milestone will be greeted with great fanfare, but assembling a
solid foundation for the future requires the placement of one brick at time, thoughtfully and with great care.
The Council established new higher benchmarks for student achievement in 2013,
building on solid quality assurance enhancements made in 2012. Member institutions responded to the stronger standards by accessing more knowledge regarding best
practices, paring back marginal programs and reconfiguring operations so that every
campus is more tightly conscribed around quality and performance.
No one understands the strong expectations of quality and performance better than
our colleges and schools. They also appreciate that while the expectations can be vexing, the struggle toward defensible quality is honorable, and that those engaged in the
struggle are noble, professional and competent.
The foundation of quality serves ACICS well as it grows its international presence and
impact. Once again in 2013, a number of international institutions sought accreditation from ACICS. While these institutions are authorized and recognized in their own
countries, they seek ACICS accreditation because they want to improve their overall
quality and be recognized globally, especially in the U.S. As ACICS moves forward
globally, it will continue to develop and revise standards to reflect the variations
between nations. It will work to establish expectations that transcend individual government requirements.
As the quality assurance enterprise of ACICS and its multi-national community of
institutions continue to grow in the second year of its second Century, members can
take comfort in the solid foundation of performance, accountability and transparency.
Those strengths serve us well.
Brian Stewart
Chairman,
Board of Directors
Albert C. Gray, PhD
President & CEO
Albert C. Gray, PhD, President & CEO (left); Brian Stewart,
2013 Chairman of the Board of Directors (right)
Impacting Education Quality
Internationally
Expansion by ACICS of its international accreditation enterprise accelerated in 2013, driven in part by two unrelenting
forces: demand for applied, career-focused post-secondary education in industrialized as well as developing nations; and
hunger for quality assurance that is based on the standards and traditions of post-secondary education in the U.S. For many
reasons and by many measures, ACICS colleges and schools are serving students in a meaningful and valuable manner. The
world is paying attention.
In response to that demand, ACICS now provides quality assurance to colleges and schools in Central America, Africa,
Southeast Asia and Scandinavia, as well as in Western Europe, Canada and the Caribbean. Students in 12 international
countries now benefit from the expectations of quality and integrity applied by evaluation teams mustered by ACICS.
The expansion of ACICS international operations has prompted a review of some policies and practices to better accommodate the diverse and competing requirements of other nations. Those revisions will produce subtle but material changes
to standards that are more applicable and defensible on an international basis, while preserving the expectations of quality
and integrity manifest in the U.S. system of higher education.
2
- The Art Institute of Vancouver
- Everest College of Business,
Technology and Healthcare (Sudbury,
Toronto, Hamilton, Newmarket,
Hamilton, Barrie, Brampton, Nepean,
Windsor, Scarborough, Kitchener,
Toronto, Ottawa, Mississauga)
Niels Brock Copenhagen Business College
Copenhagen, Denmark
Ontario, Canada
Schiller International University
Schiller
Heidelberg, Germany
International University
Paris, France
- Trillium College Kingston
- Trillium College Ottawa
American International
College of Arts & Sciences,
St. John’s, Antigua
Westhill College
Mexico City, Mexico
International College of the
Cayman Islands
Newlands, Cayman Islands
Schiller International University
Madrid, Spain
American University, Bosnia & Herzegovina
Tuzla, Bosnia And Herzegowina
Stratford University
New Delhi, India
Niels Brock at Foreign Trade University
Hanoi, Vietnam
California Miramar
University
Nairobi, Kenya
3
ACICS completed the five-year cycle of re-recognition in 2013. It received formal extension of its authority from the U.S.
Department of Education. Coupled with the reaffirmation by the Council for Higher Education Accreditation (CHEA) in
2012, ACICS’s policies, practices, capacity and performance as a reliable authority on institutional quality and integrity
have been rigorously tested – and affirmed – by two independent recognition entities.
Member institutions were directly impacted by the cycle of accountability. The Council harnessed re-recognition to
strengthen its quality assurance enterprise through higher standards, stronger reliability of performance data and greater transparency. New student achievement standards established in 2012 were enhanced and applied to the 2013 Campus Accountability Report data. The higher expectations of retention, placement and licensure exam pass rates reflect
the Council’s sustained focus on ensuring that students attending member institutions achieve academically, experientially and economically through the term of enrollment and beyond.
Accountability alone is necessary and expected. However, when accountability is linked to thoughtful, rigorous quality
review, the value to students – and the institution – rises to a higher level.
Enhancing
Student Achiev e ment
through Acc ountability
4
5
National College Grad Publishes in Medical Journal
‘NewSchool’ Design Students Win First Place
Tim Hansberger, a certified surgical technologist (CST) and graduate of National
contributed the article, “Treating Glioblastoma Multiforme,” to The Surgical Technologist journal. He chose the topic for
his capstone project because his mother
succumbed to the disease. The article
explained how the medical team treated
the disease. Hansberger hopes the information may help others who are victims
of the same type of cancer. Formerly,
A team of NewSchool of Architecture and
Design students won first place at the Sukkah Design Expo 2013 for their design of a
temporary structure called a sukkah that
commemorates the agricultural harvest
and has significant meaning for the Jewish
community. The event was sponsored by
the Leichtag Foundation as part of events
marking the Jewish Sukkot harvest festival tradition in September.
Community Service Transcends Borders
Students from Humacao Community College of Puerto Rico were recognized by
the global organization “Enactus” for their
excellence in community service. Their
project, “Up from the Bottom,” involves
helping small businesses to develop, poor
countries and schools to comply with
students' academic achievements, and
municipal projects aimed at protecting the
environment. The HCC project was selected among many from other universities
6
in Puerto Rico. HCC students traveled to
Mexico to receive the recognition where
hundreds of students from throughout
the world presented their community projects in a global competition. Students of
HCC served as ambassadors of the island,
presenting Puerto Rican culture and traditions to thousands of international students and industry leaders.
Hansberger was a volunteer firefighter
and emergency medical technician (EMT).
When his wife became ill, he decided to
pursue a position in the medical field.
One of his favorite classes, Anatomy and
Physiology, was taught by Mary Alice Tutwiler and Karen Sherback. “Karen was the
one who really encouraged me to [write]
the article,” he said. “She gave me instructions on how to improve it.”
Students designed and built the project as
part of a summer studio class at NSAD led
by Instructor Chuck Crawford. The student
team included Gwynn Beasley, Nour Kassam, Trang Nguyen, Thomas Quaas and
Jessica Vences. The NSAD student team
received a $1,800 cash prize for their winning entry, which was chosen through a
public vote.
7
Opportunities
to Shape Thought
The phenomenon of underemployment continues to vex the nation’s economic recovery. Each week new perspectives are
offered about the plight of young adults who have recently entered the workforce and struggled to access employment
opportunity commensurate with their aspirations, abilities and needs. In 2013 ACICS and the National Journal utilized
the context of underemployment for a policy discussion on workforce development and the role of effective post-secondary education in closing the skills – and employment – gap. The underlying research, commissioned by ACICS, complemented the research project of 2012, “Workforce Skills Reality Check.” Both research projects have been shared with
policy audiences across the country during the last two years. The summary findings and authoritative sources are available through www.acics.org .
ACICS also developed and shared with policy makers its recommendations regarding the role of accreditation and opportunities for enhancements during the reauthorization of the Higher Education Act. Whitepapers exploring a myriad of
accreditation issues from a policy perspective are also available at www.acics.org .
8
9
engaging
thought
leaders
One the eve of the reauthorization the federal Higher Education Act, ACICS reached out to key policy makers and those who influence policy to participate in dialogue with member institutions. Representatives of
more than 200 ACICS member colleges and schools were present during the 2013 Conference and Annual
Meeting in Jacksonville when U.S. Rep. Virginia Foxx, chair of the House Higher Education Subcommittee,
presented her perspectives and insights.
The policy focus on accreditation and quality assurance is pronounced and sustained in the current environment. The scrutiny is applied to regional and national accrediting organizations, reflecting a broad review of
the effectiveness and affordability of the entire higher education community.
Conferees also had access to substantive workshops on a variety of topics related to quality and integrity,
including Institutional Effectiveness, Retention and Placement, Learning Outcomes, Recruitment and Admissions, Placement Verification and Consumer Disclosures.
10
11
12
13
By the Numbers
The 960+ colleges and schools accredited by ACICS are part of a dynamic, energetic sector that is constantly reinvent-
ing itself to better meet the needs of post-secondary students and their subsequent employers. The creativity, inventiveness and agility of the education providers create challenges and opportunities for the accreditation provider. In 2013,
ACICS rose to those challenges by becoming more active than ever in reviewing the educational activities and substantive changes of colleges and schools.
Summarized on the tables below are some of the key numeric indicators of the breadth and depth of the ACICS enterprise in 2013. The frenetic pace of operations requires sufficient resources and capacity to deliver consistently on the
promise of quality. The tables also summarize some of the milestones reached in 2013 in collaboration with ACICS’s
partners in quality: member colleges and schools.
by the
numbers
Strength through Activity, Renewal
14
361
site visits conducted by acics
staff and evaluators
5,798
total number of applications
processed.
- 5,092 program-related
- 706 non-program related
34
2013 Milestones
Initial Grants of accreditation
were granted in 2013
Workshops
Initial Accreditations
34
Renewal Accreditations
User Services
560
6,503
Revenue Increase Over Budget $2,000,000+
Net Assets Increase
$150,000+
Staff Growth
Approximately 10%
Evaluators Recruited &
Trained
Approximately 150
Current Total 1,260
June 2013
15 Day Turn Around
No.
Enrollment
Initial Accreditation
4
117
Department of Education
Re-recognition
Renewal
Accreditation
13
375
Improved Reimbursement
Management
Retention &
Placement
4
150
CEP/CAR
1
21
AWARE Webinars
3
1,281
Evaluator Training
7
87
Annual Conference
1
360
Developed/Implemented Programmatic Standards
Maintained Full 15 Member Council with Diversity
15
independent auditor’s report
Board of Directors
Accrediting Council for Independent Colleges and Schools
CERTIFIED PUBLIC ACCOUNTANTS
STOKES & COMPANY, P.C.
1201 15TH STREET. NW
SUITE 340
WASHINGTON, D.C. 20005-2842
(202) 293-9000
Financial Statements
and
Independent Auditor’s Report
FAX (202) 293-9666
WWW.STOKESPC.COM
LARRY F. STOKES. C.P.A .
June 30, 2013
MEMBERS
AMERICAN INSTITUTE OF
CERTIFIED PUBLIC ACCOUNTANTS
PRIVATE COMPANIES
PRACTICE SECTION
GOVERNMENTAL AUDIT
QUALITY CENTER
EMPLOYEE BENEFIT PLAN
AUDIT QUALITY CENTER
We have audited the accompanying financial statements the Accrediting Council for Independent Colleges and Schools (ACICS),
which comprise the balance sheet as of June 30, 2013, and the related statements of activities and cash flows for the year then ended,
and the related notes to the financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control
relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud
or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. The prior year summarized comparative
balance sheet has been derived from ACICS’ 2012 balance sheet and, in our report dated November 26, 2012; we expressed an unqualified opinion on those financial statements.
We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The
procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no
such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made my management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Accrediting
Council for Independent Colleges and Schools as of June 30, 2013, and the change in its net assets and its cash flows for the year then
ended, in conformity with accounting principles generally accepted in the United States of America.
STOKES & COMPANY, P.C.
Washington, D.C.
November 21, 2013
16
17
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Balance Sheet
June 30, 2013
With comparative totals for June 30, 2012
ASSETS
2013
2012
CURRENT ASSETS
Cash and cash equivalents
$
Accounts receivable, net
Prepaid expenses
Total current assets
INVESTMENTS
PROPERTY AND EQUIPMENT, net
1,313,889
$
1,760,584
1,894,125
1,855,421
110,039
190,318
3,318,053
3,806,323
12,122,509
11,015,609
2,011,444
2,542,367
11,273
11,273
SUPPORT AND REVENUE
Sustaining fees
Accreditation visits
User fees
Workshop registration fees
Investment income
Other revenue
$
Total support and revenue
5,515,484
4,603,981
3,481,735
607,703
1,179,844
149,712
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Statement of Activities and Changes in Net Assets
Year Ended June 30, 2013
15,538,459
OTHER ASSETS
Deposits
Total assets
$
17,463,279
$
17,375,572
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts payable
$
1,000,241
$
1,412,023
Accrued expenses
Salaries
69,433
62,969
Vacation
242,105
225,836
Pension
317,655
289,657
37,420
38,473
126,313
67,530
1,793,167
2,096,488
Accrued rent, non-current portion
189,059
197,690
Total long term liabilities
189,059
197,690
1,982,226
2,294,178
Other accrued expenses
Deferred revenue
Total current liabilities
LONG TERM LIABILITIES
Total liabilities
NET ASSETS
Unrestricted
Total liabilities and net assets
The accompanying notes are an integral
part of this financial statement.
18
$
15,481,053
17,463,279
$
EXPENSES
Program services
Accreditation expense
Education
Supporting services
Management and general
8,291,259
3,300,481
Total expenses
15,138,800
3,547,060
Change in net assets
399,659
NET ASSETS at beginning of year
NET ASSETS at end of year
15,081,394
$
15,481,053
15,081,394
17,375,572
The accompanying notes are an integral
part of this financial statement.
19
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Statement of Cash Flows
Year Ended June 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Fees received
Other revenue received
Investment income received
Payments to vendors and suppliers
$
211,113
NET CASH PROVIDED BY OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment
Proceeds from sale of property and equipment
Purchases of investments
Proceeds from sale of investments
(419,627)
(4,198,723)
3,960,542
NET CASH USED BY INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Payments on note payable
(657,808)
-
NET DECREASE IN CASH AND CASH EQUIVALENTS
(446,695)
CASH AND CASH EQUIVALENTS at beginning of year
CASH AND CASH EQUIVALENTS at end of year
The accompanying notes are an integral part of this
financial statement.
20
RECONCILIATION OF CHANGE IN NET ASSETS TO NET
CASH PROVIDED BY OPERATING ACTIVITIES
Change in net assets
Adjustments
Net unrealized and realized gains/losses
Net loss on disposal of fixed assets
Depreciation
(Increase) decrease in assets
Accounts receivable
Prepaid expenses
Increase (decrease) in liabilities
Accounts payable
Accrued expenses
Salaries
Vacation
Pension
Other accrued expenses
Deferred revenue
Accrued rent
NET CASH PROVIDED BY OPERATING ACTIVITIES
14,228,982
149,712
311,125
(14,478,706)
1,760,584
$
1,313,889
$
399,659
(868,719)
47,891
902,659
(38,704)
80,279
(411,782)
6,464
16,269
27,998
(1,053)
58,783
(8,631)
$
211,113
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Notes to Financial Statements
June 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of presentation
Financial statement presentation follows accounting principles generally accepted in the United States of America in relation to net asset classification. The organization is required
to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently
restricted net assets. There are no temporarily or permanently restricted net assets at June 30, 2013.
Cash and cash equivalents
ACICS considers all short-term, highly liquid investments with initial maturities of three months or less to be cash equivalents. Since all such cash equivalents are contained in its
investment portfolio and are not used in current operations, they are reported as investments.
Investments
ACICS invests in a professionally managed portfolio. All investments are carried at fair value. Such investments are exposed to various risks such as market and credit. Due to the
level of risk associated with such investments, and the level of uncertainty related to changes in the value of such investments, it is at least reasonably possible that changes in risk in
the near term could materially affect investment balances and the amounts reported in the financial statements. Realized and unrealized gains and losses are reported as investment
income in the statement of activities and changes in net assets.
Property and equipment
Property and equipment are recorded at cost. All acquisitions in excess of $1,000 are capitalized. Depreciation is provided on a straight-line basis over the estimated useful lives of the
assets. Artwork is not considered a collection and is a non­depreciable asset. Property and equipment are reviewed for impairment whenever changes in circumstances indicate that
the carrying amount of an asset may not be recoverable. The cost of property and equipment retired or disposed of is removed from the accounts along with the related accumulated
depreciation, and any gain or loss is reflected in income.
Revenue recognition
Sustaining fees are recognized in the year to which they apply. Sustaining fees received in advance are recorded as deferred revenue and are recognized in subsequent periods when
they are earned.
User fees are charged to cover the administrative costs of processing forms and are recognized when the forms have been processed.
ACICS utilizes fixed fee and geographical discount schedules to determine visit billings.
Accounts receivable includes program related revenue that has not been received as of June 30, 2013. No interest is accrued on receivables. Accounts receivable are stated at unpaid
balances, less an allowance for doubtful accounts. At June 30, 2013, the allowance for doubtful accounts amounted to $58,789. ACICS provides for losses on accounts receivable using the allowance method. The allowance is based on experience. Receivables are considered impaired if full principal payments are not received in accordance with the contractual
terms. It is ACICS’ policy to charge off uncollectible accounts receivable when management determines the receivable will not be collected.
Substantially all receivables are derived from institutions that ACICS accredits. All receivables to these institutions are made on an unsecured basis. Historically, ACICS has not incurred significant credit related losses.
21
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Notes to Financial Statements (continued)
June 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
Functional allocation of expenses
The costs of providing programs and other activities have been summarized on a functional basis in the statement of activities and changes in net assets. Accordingly, certain costs
have been allocated among the programs and supporting services benefited.
Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair value measurement
Accounting principles generally accepted in the United States of America provide a common definition of fair value, establish a framework for measure of fair value and expand
disclosures about fair value measurements, but do not require any new fair value measurements. All assets and liabilities required to be measured at fair value by these accounting
principles have been assessed with the following three-tier hierarchy of inputs:
Level 1 – quoted prices in active markets for identical instruments
Level 2 – other significant observable inputs
Level 3 – significant unobservable inputs
All assets and liabilities are considered Level 1.
Financial information as of June 30, 2012
The financial information as of June 30, 2012 is presented for balance sheet comparative purposes only and is not intended to represent complete financial statement presentation.
Certain accounts in the prior financial statements have been reclassified for comparative purposes to conform to the presentation in the current period.
Advertising costs
ACICS expenses advertising costs as they are incurred.
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Notes to Financial Statements (continued)
June 30, 2013
ORGANIZATION AND TAX STATUS
The Accrediting Council for Independent Colleges and Schools (ACICS) was founded in 1912 to establish and advance the quality of education of independent, non-public career
schools, career institutions, and colleges. ACICS accomplishes these objectives by performing the accreditation function for its members.
ACICS is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code as an organization that is not a private foundation. ACICS is, however, subject to
income tax on any net profits generated by unrelated business activities as defined under the tax laws. To date, ACICS has not engaged in such activities.
Accounting principles generally accepted in the United States of America require that uncertain tax positions be evaluated and the potential impact of unfavorable outcome of a tax
authority's assessment of such uncertain tax position be reflected in the financial statements. From time to time, management must assess the need to accrue or disclose a possible
loss contingency for proposed adjustments from various federal and state tax authorities who may audit the organization in the normal course of business. ACICS has evaluated its tax
reporting and has not reflected any contingent liability for any such potential assessment.
In the event there were any proposed adjustments any associated penalties and interest would be separately reported. The organization is no longer subject to examinations by relevant
tax authorities for years prior to fiscal year ended June 30, 2010.
CONCENTRATION OF CREDIT RISK
ACICS maintains its cash balances at one financial institution in the Washington, D.C. area. The balances are insured by the Federal Deposit Insurance Corporation (FDIC) up to
$250,000. At June 30, 2013, the uninsured balance for all cash accounts was $1,119,805. The Association has never experienced a loss on its cash deposits.
ACICS maintains its investments at one financial institution in the Washington, D.C. area. The cash equivalents and certificates of deposit held at this institution are insured by the
FDIC up to $250,000. At June 30, 2013, the uninsured balance for these cash equivalents and certificates of deposit was $79,014. All other investments held in this institution are
insured by the Securities Investor Protection Corporation (SIPC) for up to $500,000. At June 30, 2013, the uninsured balance for these investments was $11,293,495.
PROPERTY AND EQUIPMENT
Property and equipment as of June 30, 2013 consists of the following:
Furniture and fixtures
$ 5,271,269
Leasehold improvements
679,088
Artwork
4,006
5, 954,363
Less accumulated depreciation and amortization
(3,942,919)
$ 2,011,444
Depreciation and amortization expense was $902,659 for the year ended June 30, 2013.
22
23
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Notes to Financial Statements (continued)
June 30, 2013
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Notes to Financial Statements (continued)
June 30, 2013
COMMITMENTS AND CONTINGENCIES (continued)
INVESTMENTS
The fair value of investments as of June 30, 2013 is presented below, along with a summary of investment income earned on investments and cash and cash equivalents for the year
then ended.
Common stock
$
3,905,846
Cash equivalents
329,014
Bond funds
4,682,741
Mutual funds
2,811,103
Commodities
187,468
REITS
206,337
$
12,122,509
$
311,125
421,722
446,997
$
1,179,844
Contractual
ACICS has contracted various consultants and insurance providers. ACICS is obligated to pay fees for these relationships. ACICS has an employment contract with its executive
director. Should the executive director be dismissed, ACICS may be subject to severance payments.
PENSION PLANS
ACICS has a defined contribution pension plan, ACICS retirement/savings plan, as regulated by the Internal Revenue Service Code 401(a). Employees become eligible after one
year of service, and become 25% vested for every year of employment. Contributions to the plan are discretionary and ACICS contributed 10% of eligible employees’ salaries.
$317,655 was contributed for the year ended June 30, 2013. ACICS's employees are also eligible to participate in a 403(b) tax deferred annuity plan through which they can defer a
portion of their annual salary. These voluntary contributions immediately vest to the employees.
Investment income:
Interest and dividends
Realized gains/(losses)
Unrealized gains/(losses)
ACCREDITATION AUTHORITY
The Secretary of the United States Department of Education has extended the recognition of ACICS as an accrediting body through July 2016. ACICS must reaffirm this authority
every five years. Management believes it is highly probably that ACICS will continue to be recognized as an accrediting body for an indefinite period.
SUBSEQUENT EVENTS
In preparing these financial statements, management of ACICS has evaluated events and transactions that occurred after June 30, 2013 for potential recognition or disclosure in the
financial statements. These events and transactions have been evaluated through November 21, 2013. This is the date that the financial statements were available to be issued.
COMMITMENTS AND CONTINGENCIES
Operating leases
ACICS leases office space in Washington, D.C., which has a term that expires September 30, 2017. Minimum monthly rent is currently $57,582. The total of all rental payments due
under the lease are being recognized on a straight-line basis in the statement of activities and changes in net assets. Accordingly, there is a liability recorded for accrued rent equal to
the difference between the rent expense and the actual cash payments required by the lease.
ACICS also leases equipment under operating leases. The copiers have leases that expire in March and September of 2014. The monthly lease payments are $3,268 and $1,411. The
postage machine lease expired November 21, 2011 and an agreement was reached to continue on a quarterly payment plan equal to $2,100. A new agreement is being negotiated.
The following is a schedule of future minimum lease payments as of June 30, 2013:
2014
$
705,616
2016
715,367
2017
729,749
2018
183,344
$
24
742,349
2015
3,076,425
The total expense incurred under all operating leases during the year ended June 30, 2013 was $811,961.
25
INDEPENDENT AUDITOR’S REPORT
ON OTHER FINANCIAL INFORMATION
CERTIFIED PUBLIC ACCOUNTANTS
STOKES & COMPANY, P.C.
1201 15TH STREET. NW
SUITE 340
WASHINGTON, D.C. 20005-2842
(202) 293-9000
FAX (202) 293-9666
WWW.STOKESPC.COM
Board of Directors
Accrediting Council for Independent Colleges and Schools
Our report on our audit of the basic fmancial statements of the Accrediting Council for Independent Colleges and
Schools for year ended June 30, 2013 appears on page 3and 4. We conducted our audit for the purpose of forming an
opinion on the basic financial statements taken as a whole. The schedule of functional expenses on page 14 is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information has
been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is
fairly stated in all material respects to the basic financial statements taken as a whole.
LARRY F. STOKES. C.P.A .
OTHER FINANCIAL INFORMATION
MEMBERS
AMERICAN INSTITUTE OF
CERTIFIED PUBLIC ACCOUNTANTS
STOKES & COMPANY, PC
Washington, D.C.
November 21,2013
PRIVATE COMPANIES
PRACTICE SECTION
GOVERNMENTAL AUDIT
QUALITY CENTER
EMPLOYEE BENEFIT PLAN
AUDIT QUALITY CENTER
26
27
ACCREDITING COUNCIL FOR
INDEPENDENT COLLEGES AND SCHOOLS
Schedule of Functional Expenses
Year Ended June 30, 2013
Program Services
Accreditation
Expense
Education
Salaries and benefits
Travel and meals
Advertising
Bad debt expense
Computers
Depreciation
Dues and subscriptions
Equipment rentals and
maintenance
Insurance
Interest and fees
Legal and accounting
Meetings
Miscellaneous
Occupancy
Office supplies
Payroll taxes
Printing and postage
Professional fees
Training
Utilities
Workshops
$
1,532,106
5,010,943
205,777
315,931
1,408
33,700
$
13,537
318,940
22,077
253,782
16,985
86,248
16,021
387,647
24,928
51,229
$
8,291,259
1,444,557
16,847
194,019
297,877
1,327
31,774
$
12,764
300,714
20,815
239,280
16,015
81,320
15,105
365,495
23,503
48,301
190,768
$
3,300,481
The accompanying auditor’s report on other financial information should be read with this statement.
28
Supporting Services
Management and
General
1,400,783
34,206
2,728
38,770
188,139
288,851
1,287
30,811
Total
$
12,377
333,266
138,944
291,602
20,185
232,030
15,529
78,856
14,647
354,420
22,791
46,838
$
3,547,060
4,377,446
5,061,996
2,728
38,770
587,935
902,659
4,022
96,285
38,678
333,266
138,944
911,256
63,077
725,092
48,529
246,424
45,773
1,107,562
71,222
146,368
190,768
$
15,138,800
2013
accredited
institutions
Alabama
Brown Mackie College - Birmingham, Birmingham
Fortis Institute, Birmingham
ITT Technical Institute, Bessemer
ITT Technical Institute, Madison
ITT Technical Institute, Mobile
Prince Institute-Southeast, Montgomery
Virginia College, Huntsville
Virginia College, Birmingham
Virginia College, Mobile
Virginia College, Montgomery
Alaska
Charter College, Anchorage
Charter College - Mat-Su, Wasilla
Arizona
Anthem College, Phoenix
Anthem College - Bryman School, Phoenix
Anthem College - Bryman School, Phoenix
Art Institute of Phoenix, Phoenix
Brookline College, Tempe
Brookline College, Phoenix
Brookline College, Tucson
Brown Mackie College, Phoenix
Brown Mackie College, Tucson
Bryan University (Online), Tempe
Carrington College, Mesa
Carrington College, Phoenix
Carrington College, Tucson
Carrington College, Phoenix
Carrington College, Phoenix
Collins College, Phoenix
Golf Academy of America, Chandler
ITT Technical Institute, Tempe
ITT Technical Institute, Tucson
ITT Technical Institute, Phoenix
ITT Technical Institute, Phoenix
Le Cordon Bleu College of Culinary Arts, Scottsdale
Sanford-Brown College, Phoenix
The Art Institute of Tucson, Tucson
Tucson College, Tucson
Arkansas
Bryan University, Rogers
ITT Technical Institute, Little Rock
California
Academy Of Couture Art, Beverly Hills
American University of Health Sciences, Signal Hill
Anthem College, Sacramento
Bay Area College of Nursing, Palo Alto
Bay Area Medical Academy, San Francisco
Bergin University of Canine Studies, Rohnert Park
Bristol University, Anaheim
Brooks Institute, Santa Barbara
Brooks Institute, Ventura
Bryan University, Los Angeles
California International Business University, San Diego
California Miramar University, San Diego
California University of Management and Sciences,
Anaheim
California University of Management and Sciences San
Diego Branch, San Diego
Cambridge Junior College, Yuba City
Cambridge Junior College - Woodland, Woodland
Charter College, Canyon Country
Charter College, Lancaster
Charter College, Oxnard
Charter College, Long Beach
Coleman University, San Marcos
Coleman University, San Diego
Design Institute of San Diego, San Diego
Empire College, Santa Rosa
Everest College, San Bernardino
Everest College, Ontario
Everest College, Santa Ana
Golden State College of Court Reporting & Captioning,
Pleasanton
Golf Academy of America, Carlsbad
International Academy of Design and Technology,
Sacramento
ITT Technical Institute, Orange
ITT Technical Institute, Lathrop
ITT Technical Institute, Oxnard
ITT Technical Institute, Rancho Cordova
ITT Technical Institute, San Bernardino
ITT Technical Institute, National City
ITT Technical Institute, Sylmar
ITT Technical Institute, Torrance
ITT Technical Institute, San Dimas
ITT Technical Institute, San Dimas
ITT Technical Institute, Concord
ITT Technical Institute, Corona
ITT Technical Institute, Culver City
ITT Technical Institute, Oakland
ITT Technical Institute, Clovis
Kaplan College, Sacramento
Kaplan College, Salida
Kaplan College, Bakersfield
Kaplan College, Chula Vista
Kaplan College, Clovis
Kaplan College, North Hollywood
Kaplan College, Palm Springs
Kaplan College, Vista
Kaplan College, Riverside
29
Kaplan College, San Diego
Laurus College, San Luis Obispo
Laurus College, Oxnard
Le Cordon Bleu College of Culinary Arts, Pasadena
Le Cordon Bleu College of Culinary Arts, San Francisco
Le Cordon Bleu College of Culinary Arts, Sacramento
Learnet Academy, Inc., Los Angeles
Lincoln University, Oakland
NewSchool of Architecture & Design, San Diego
Northwestern Polytechnic University, Fremont
Pacific States University, Los Angeles
Premiere Career College, Irwindale
Professional Golfers Career College, Temecula
SAE Institute of Technology, Los Angeles
SAE Institute of Technology, San Francisco
Sage College, Moreno Valley
Sage College, San Diego
Santa Barbara Business College, Santa Barbara
Santa Barbara Business College, Bakersfield
Santa Barbara Business College, Santa Maria
Santa Barbara Business College, Ventura
Santa Barbara Business College, Rancho Mirage
Santa Barbara Business College - Online, Ventura
Shepherd University, Los Angeles
Sierra Valley College of Court Reporting, Fresno
Silicon Valley University, San Jose
South Coast College, Orange
Southern California Health Institute (SOCHI),
North Hollywood
Southern States University, Newport Beach
Southern States University, San Diego
University of Antelope Valley, Lancaster
Westwood College, Los Angeles
Westwood College, Anaheim
Westwood College-Inland Empire, Upland
Westwood College-South Bay, Torrance
Colorado
Anthem College, Aurora
Colorado Heights University, Denver
Ecotech Institute, Aurora
Everest College, Colorado Springs
Everest College, Thornton
Everest College, Aurora
IBMC College, Fort Collins
IBMC College, Longmont
IBMC College, Greeley
30
ITT Technical Institute, Westminster
ITT Technical Institute, Aurora
Prince Institute - Rocky Mountains, Westminster
Redstone College, Broomfield
Redstone College - Denver East, Denver
Westwood College - Denver North, Denver
Westwood College - Denver South, Denver
Westwood College - Online, Broomfield
Connecticut
American Institute, West Hartford
Branford Hall Career Institute, Branford
Branford Hall Career Institute, Windsor
Branford Hall Career Institute, Southington
Harris School of Business, Danbury
Ridley-Lowell Business & Technical Institute, New London
Ridley-Lowell Business & Technical Institute, Danbury
Sanford-Brown College, Farmington
Stone Academy, West Haven
Stone Academy, Waterbury
Stone Academy, East Hartford
District of Columbia
Radians College, Washington
Florida
American College For Medical Careers, Celebration
Anthem College, Orlando
Art Institute of Fort Lauderdale, Fort Lauderdale
Brown Mackie College - Miami, Miramar
City College, Fort Lauderdale
City College, Gainesville
City College, Miami
City College, Altamonte Springs
City College, Hollywood
College of Business & Technology, Miami
College of Business & Technology, Miami Gardens
College of Business & Technology, Miami
College of Business & Technology, Cutler Bay
College of Business & Technology, Hialeah
Dave School (A Division of Instituto De Banca Y
Comercio, Inc.), Orlando
Digital Media Arts College, Boca Raton
Everest Institute, Miami
Everest Institute - Kendall, Miami
Everest University - Brandon, Tampa
Everest University - Jacksonville , Jacksonville
Everest University - Lakeland, Lakeland
Everest University - Melbourne, Melbourne
Everest University - North Orlando, Orlando
Everest University - Orange Park, Orange Park
Everest University - Pinellas, Largo
Everest University - Pompano Beach, Pompano Beach
Everest University - South Orlando, Orlando
Everest University - Tampa, Tampa
FCC-Anthem College, Orlando
Florida Career College, Lauderdale Lakes
Florida Career College, Boynton Beach
Florida Career College, Clearwater
Florida Career College, Hialeah
Florida Career College, Jacksonville
Florida Career College - Kendall, Miami
Florida Career College, Margate
Florida Career College, Miami
Florida Career College, Pembroke Pines
Florida Career College, Riverview
Florida Career College, West Palm Beach
Florida Medical Training Institute, Coral Springs
Florida Medical Training Institute, Miami
Florida Medical Training Institute, Tampa
Florida Medical Training Institute, Jacksonville
Florida Medical Training Institute, Melbourne
Florida Technical College, Lakeland
Florida Technical College, Orlando
Florida Technical College, Deland
Florida Technical College, Pembroke Pines
Florida Technical College, Kissimmee
Fortis College, Orange Park
Fortis Institute, Jacksonville
Golf Academy of America, Apopka
International Academy of Design and Technology, Tampa
International Academy of Design and Technology,
Orlando
International Academy of Design and Technology Online, Tampa
ITT Technical Institute, Jacksonville
ITT Technical Institute, Lake Mary
ITT Technical Institute, Miami
ITT Technical Institute, Fort Lauderdale
ITT Technical Institute, Tampa
ITT Technical Institute, Tallahassee
ITT Technical Institute, Fort Myers
ITT Technical Institute, Pensacola
ITT Technical Institute, Ft Lauderdale
ITT Technical Institute, St Petersburg
ITT Technical Institute, West Palm Beach
ITT Technical Institute, Bradenton
ITT Technical Institute, Orlando
Jones College, Jacksonville
Jones College, Jacksonville
Jose Maria Vargas University, Pembroke Pines
Kaplan College, Jacksonville
Key College, Dania Beach
Lasalle Computer Learning Center, Inc., Tampa
Le Cordon Bleu College of Culinary Arts, Orlando
Le Cordon Bleu College of Culinary Arts In Miami,
Miramar
Lincoln College of Technology, West Palm Beach
Mattia College, Miami
Medtech Institute, Orlando
Millennia Atlantic University, Doral
Professional Golfers Career College, Winter Garden
Professional Training Centers Dba Mattia College, Miami
SAE Institute of Technology, North Miami Beach
San Ignacio College, Doral
Sanford-Brown Institute, Tampa
Sanford-Brown Institute, Jacksonville
Sanford-Brown Institute, Orlando
Sanford-Brown Institute, Fort Lauderdale
Schiller International University, Largo
Southern Technical College, Orlando
Southern Technical College, Auburndale
Southern Technical College, Mount Dora
Southern Technical College, Brandon
Southern Technical College, Sanford
Southwest Florida College, Fort Myers
Southwest Florida College, Tampa
Southwest Florida College, Port Charlotte
Stenotype Institute of Jacksonville, Jacksonville
Unilatina International College, Miramar
University of Southernmost Florida, Jacksonville
University of Southernmost Florida, Homestead
University of Southernmost Florida, Coral Gables
Virginia College, Pensacola
Virginia College, Fort Pierce
Virginia College, Jacksonville
Georgia
Anthem College, Atlanta
Brown Mackie College, Atlanta
Gwinnett College, Lilburn
ITT Technical Institute, Duluth
ITT Technical Institute, Kennesaw
ITT Technical Institute, Atlanta
ITT Technical Institute, Douglasville
Le Cordon Bleu College of Culinary Arts, Tucker
Lincoln College of Technology, Marietta
McCann School of Business & Technology -dba- Miller-Motte Technical College, Macon
Miller-Motte Technical College, Augusta
Miller-Motte Technical College, Columbus
SAE Institute Atlanta, Atlanta
Sanford-Brown College, Atlanta
Virginia College, Macon
Virginia College, Augusta
Virginia College, Savannah
Virginia College, Columbus
Westwood College Atlanta Northlake, Atlanta
Westwood College-Atlanta Midtown, Atlanta
Idaho
Broadview University - Boise, Meridian
Brown Mackie College, Boise
Carrington College, Boise
Guardian College, Meridian
ITT Technical Institute, Boise
Illinois
Ambria College of Nursing, Hoffman Estates
Everest College, Merrionette Park
Gem City College, Quincy
International Academy of Design and Technology,
Chicago
ITT Technical Institute, Orland Park
ITT Technical Institute, Oak Brook
ITT Technical Institute, Arlington Heights
ITT Technical Institute, Springfield
MDT College of Health Sciences, Inc, Dba ATS
Institute of Technology, Chicago
National Latino Education Institute, Chicago
Prince Institute-Great Lakes, Schaumburg
Sanford-Brown College, Collinsville
Sanford-Brown College, Hillside
Sanford-Brown College, Skokie
SOLEX College, Wheeling
Taylor Business Institute, Chicago
Tribeca Flashpoint Media Arts Academy, Chicago
Westwood College Chicago Loop, Chicago
Westwood College DuPage, Woodridge
Westwood College O'Hare Airport, Chicago
Westwood College River Oaks, Calumet City
Indiana
Art Institute of Indianapolis, Indianapolis
Brown Mackie College, Fort Wayne
Brown Mackie College, Indianapolis
Brown Mackie College, Merrillville
Brown Mackie College, Michigan City
Brown Mackie College, South Bend
College of Court Reporting, Hobart
Harrison College, Indianapolis
Harrison College, Anderson
Harrison College, Columbus
Harrison College, Terre Haute
Harrison College, Lafayette
Harrison College, Evansville
Harrison College, Fort Wayne
Harrison College, Indianapolis
Harrison College, Elkhart
Harrison College, Indianapolis
International Business College, Fort Wayne
International Business College, Indianapolis
ITT Technical Institute, Indianapolis
ITT Technical Institute, Newburgh
ITT Technical Institute, Fort Wayne
ITT Technical Institute, South Bend
ITT Technical Institute, Merrillville
ITT Technical Institute, Indianapolis
Kaplan College, Hammond
Kaplan College, Indianapolis
Medtech College, Indianapolis
Medtech College, Greenwood
Medtech College, Fort Wayne
National College, Indianapolis
National College, Fort Wayne
National College, South Bend
Radiological Technologies University VT, South Bend
Iowa
Brown Mackie College - Quad Cities, Bettendorf
ITT Technical Institute, Cedar Rapids
ITT Technical Institute, Clive
31
Kansas
The Art Institutes International, Lenexa
Bryan University, Topeka
ITT Technical Institute, Wichita
ITT Technical Institute, Overland Park
Pinnacle Career Institute, Lawrence
Wright Career College, Wichita
Wright Career College, Overland Park
Kentucky
Beckfield College, Florence
Brown Mackie College, Hopkinsville
Brown Mackie College, Louisville
Brown Mackie College, Ft. Mitchell
Daymar College, Owensboro
Daymar College, Bowling Green
Daymar College, Paducah
Daymar College, Bellevue
Daymar College, Scottsville
Daymar College, Louisville
Daymar College, Louisville
Daymar College, Madisonville
Daymar College (Online), Louisville
ITT Technical Institute, Louisville
ITT Technical Institute, Lexington
Medtech College-Lexington, Lexington
National College, Danville
National College, Florence
National College, Louisville
National College, Richmond
National College, Pikeville
National College, Lexington
Spencerian College, Louisville
Spencerian College, Lexington
Sullivan College of Technology and Design, Louisville
Louisiana
American School of Business, Shreveport
Camelot College, Baton Rouge
Career Technical College, Shreveport
Career Technical College, Monroe
Delta School of Business & Technology, Lake Charles
ITT Technical Institute, St. Rose
ITT Technical Institute, Baton Rouge
Virginia College, Baton Rouge
32
Virginia College, Bossier City
Maine
Beal College, Bangor
Maryland
Everest Institute, Silver Spring
Fortis College, Landover
ITT Technical Institute, Owings Mills
ITT Technical Institute, Hanover
Stratford University Baltimore Campus, Baltimore
TESST College of Technology, Beltsville
TESST College of Technology, Towson
TESST College of Technology, Baltimore
Massachusetts
Branford Hall Career Institute, Springfield
ITT Technical Institute, Norwood
ITT Technical Institute, Wilmington
Le Cordon Bleu College of Culinary Arts Boston,
Cambridge
Lincoln Technical Institute, Somerville
Lincoln Technical Institute, Brockton
Lincoln Technical Institute, Lowell
Mildred Elley, Pittsfield
Salter College, Chicopee
Salter College: A Private Two-Year College, LLC,
West Boylston
Salter School, Tewksbury
Salter School, Malden
Salter School, Fall River
Sanford-Brown College, Boston
Michigan
Detroit Business Institute-Downriver, Riverview
Dorsey School of Business, Madison Heights
Dorsey School of Business, Southgate
Dorsey School of Business, Roseville
Dorsey School of Business, Wayne
Dorsey School of Business, Detroit
Dorsey School of Business, Lansing
Dorsey School of Business, Farmington Hills
Dorsey School of Business, Saginaw
Dorsey School of Business, Pontiac
International Academy of Design and Technology, Troy
ITT Technical Institute, Troy
ITT Technical Institute, Wyoming
ITT Technical Institute, Canton
ITT Technical Institute, Wyoming
ITT Technical Institute, Dearborn
ITT Technical Institute, Southfield
ITT Technical Institute, Swartz Creek
Kaplan Career Institute - Dearborn, Detroit
Michigan Jewish Institute - The Shul, West Bloomfield
Sanford-Brown College, Grand Rapids
Sanford-Brown College, Dearborn
Stautzenberger Institute, Allen Park
Minnesota
Academy College, Bloomington
Anthem College, St. Louis Park
Brown College, Brooklyn Center
Brown College, Mendota Heights
Duluth Business University, Duluth
Globe University, Woodbury
Globe University, Minneapolis
Globe University, Moorhead
ITT Technical Institute, Eden Prairie
ITT Technical Institute, Brooklyn Center
Le Cordon Bleu College of Culinary Arts,
Mendota Heights
Minneapolis Business College, Roseville
Minnesota School of Business, Richfield
Minnesota School of Business, Waite Park
Minnesota School of Business, Brooklyn Center
Minnesota School of Business, Shakopee
Minnesota School of Business, Rochester
Minnesota School of Business, Plymouth
Minnesota School of Business, Blaine
Minnesota School of Business, Elk River
Minnesota School of Business, Lakeville
The Art Institutes International Minnesota,
Minneapolis
Mississippi
ITT Technical Institute, Madison
Miller-Motte Technical College, Gulfport
Virginia College, Jackson
Virginia College, Biloxi
Missouri
Anthem College, Kansas City
Bolivar Technical College, Bolivar
Brown Mackie College - St. Louis, Fenton
Bryan University, Springfield
Bryan University, Columbia
Court Reporting Institute of St. Louis, Clayton
Everest College, Springfield
Everest College, Kansas City
Everest College, Earth City
Hickey College, St. Louis
ITT Technical Institute, Arnold
ITT Technical Institute, Earth City
ITT Technical Institute, Kansas City
ITT Technical Institute, Springfield
Le Cordon Bleu College of Culinary Arts, Saint Peters
Metro Business College, Jefferson City
Metro Business College, Cape Girardeau
Metro Business College, Rolla
Metro Business College, Arnold
Missouri College, Brentwood
Pinnacle Career Institute, Kansas City
Pinnacle Career Institute, Kansas City
Pinnacle Career Institute - Online Education,
Kansas City
Sanford-Brown College, Fenton
Sanford-Brown College, Saint Peters
Stevens - The Institute of Business and Arts, St. Louis
Texas County Technical College, Houston
The Art Institute of St. Louis, Saint Charles
Nebraska
ITT Technical Institute, Omaha
Wright Career College, Omaha
Nevada
Anthem College, Las Vegas
Art Institute of Las Vegas, Henderson
Carrington College, Las Vegas
Carrington College, Reno
Euphoria Institute of Beauty Arts & Sciences, Henderson
Euphoria Institute of Beauty Arts & Sciences, Las Vegas
Euphoria Institute of Beauty Arts & Sciences Summerlin, Las Vegas
Everest College, Henderson
International Academy of Design and TechnologyLas Vegas, Henderson
ITT Technical Institute, Henderson
ITT Technical Institute, North Las Vegas
Kaplan College, Las Vegas
Le Cordon Bleu College of Culinary Arts, Las Vegas
Morrison University, Reno
New Hampshire
Lebanon College, Lebanon
Salter School of Nursing & Allied Health, Manchester
New Jersey
American Institute, Toms River
American Institute, Clifton
Anthem Institute, Cherry Hill
Best Care Training Institute, East Orange
Drake College of Business, Newark
Drake College of Business, Elizabeth
Eastwick College, Hackensack
Eastwick College, Nutley
Eastwick College, Ramsey
Harris School of Business, Cherry Hill
Harris School of Business, Linwood
Harris School of Business, Hamilton
ITT Technical Institute, Marlton
Lincoln Technical Institute, Edison
Lincoln Technical Institute, Moorestown
Lincoln Technical Institute, Paramus
Omega Institute, Pennsauken
PC AGE Career Institute, Jersey City
PC AGE Career Institute, Edison
Sanford-Brown Institute, Iselin
StenoTech Career Institute, Piscataway
Universal Training Institute, Perth Amboy
New Mexico
Anamarc College, Santa Teresa
Brookline College, Albuquerque
Brown Mackie College-Albuquerque, Albuquerque
Carrington College, Albuquerque
ITT Technical Institute, Albuquerque
New York
Art Institute of New York City, New York
Branford Hall Career Institute, Bohemia
Branford Hall Career Institute, Albany
Branford Hall Career Institute, Amityville
Cheryl Fell's School of Business, Niagara Falls
Cope Institute, Brooklyn
EDP School of Computer Programming, Brooklyn
Elmira Business Institute, Elmira
Elmira Business Institute, Vestal
Emerging Technologies Institute, Forest Hills
Everest Institute, Rochester
Hunter Business School, Levittown
Hunter Business School, Medford
ITT Technical Institute, Albany
ITT Technical Institute, Liverpool
ITT Technical Institute, Getzville
Long Island Business Institute, Commack
Long Island Business Institute, Flushing
Manhattan Institute of Management, New York
Manhattan School of Computer Technology, Brooklyn
Mildred Elley, Albany
Mildred Elley, New York
New York Institute of English and Business, New York
Professional Business College, New York
Ridley-Lowell Business & Technical Institute, Binghamton
Ridley-Lowell Business & Technical Institute,
Poughkeepsie
Sanford-Brown Institute, White Plains
Sanford-Brown Institute, Garden City
Sanford-Brown Institute, New York
SBI Campus - An Affiliate of Sanford-Brown, Melville
Spanish-American Institute, New York
North Carolina
Brookstone College of Business, Charlotte
Brookstone College of Business, Greensboro
ITT Technical Institute, Charlotte
ITT Technical Institute, Cary
ITT Technical Institute, Durham
ITT Technical Institute, High Point
ITT Technical Institute, Charlotte
Kaplan College, Charlotte
King's College, Charlotte
Living Arts College @ School of Communication Arts,
Raleigh
33
Living Arts Institute @ School of Communication Arts,
Winston Salem
Miller-Motte College, Wilmington
Miller-Motte College, Cary
Miller-Motte College, Greenville
Miller-Motte College, Raleigh
Miller-Motte College, Fayetteville
Miller-Motte College, Jacksonville
South College-Asheville, Asheville
The Chef's Academy, Morrisville
Virginia College, Greensboro
Ohio
ATS Institute of Technology, Highland Heights
Beckfield College, Springdale
Bradford School, Columbus
Brown Mackie College, Akron
Brown Mackie College, Cincinnati
Brown Mackie College, Findlay
Brown Mackie College, Canton
Daymar College, Lancaster
Daymar College, Chillicothe
Daymar College, New Boston
Daymar College, Jackson
Felbry School of Nursing, Columbus
Fortis College, Ravenna
Gallipolis Career College, Gallipolis
Harrison College, Grove City
Hondros College, Westerville
Hondros College, Fairborn
Hondros College, West Chester
Hondros College, Independence
ITT Technical Institute, Youngstown
ITT Technical Institute, Norwood
ITT Technical Institute, Dayton
ITT Technical Institute, Strongsville
ITT Technical Institute, Hilliard
ITT Technical Institute, Warrensville Heights
ITT Technical Institute, Maumee
ITT Technical Institute, Akron
ITT Technical Institute, Norwood
ITT Technical Institute, Columbus
Kaplan Career Institute, Brooklyn
Kaplan College, Dayton
Miami-Jacobs Career College, Dayton
Miami-Jacobs Career College, Springboro
Miami-Jacobs Career College, Troy
34
Miami-Jacobs Career College, Columbus
Miami-Jacobs Career College, Independence
Miami-Jacobs Career College, Sharonville
National College, Youngstown
National College, Canton
National College, Stow
National College, Columbus
National College, Willoughby Hills
National College , Kettering
National College , Cincinnati
Ohio Business College, Sheffield Village
Ohio Business College, Sandusky
Ohio Business College, Hilliard
Ohio Valley College of Technology, East Liverpool
Sanford-Brown College, Columbus
Sanford-Brown College, Middleburg Heights
Stautzenberger College, Maumee
Stautzenberger College, Brecksville
Trumbull Business College, Warren
Oklahoma
Brown Mackie College, Tulsa
Career Point College, Tulsa
Clary Sage College, Tulsa
Community Care College, Tulsa
ITT Technical Institute, Tulsa
ITT Technical Institute, Oklahoma City
Oklahoma Technical College, Tulsa
Virginia College, Tulsa
Wright Career College, Tulsa
Wright Career College, Oklahoma City
Oregon
Carrington College, Portland
Everest College, Portland
Everest Institute, Tigard
ITT Technical Institute, Portland
ITT Technical Institute, Salem
Le Cordon Bleu College of Culinary Arts, Portland
Oregon Culinary Institute, Portland
Pioneer Pacific College, Wilsonville
Pioneer Pacific College - Eugene Branch, Springfield
Sanford-Brown College, Portland
Sumner College, Portland
Pennsylvania
Anthem Institute, Springfield
Berks Technical Institute, Wyomissing
Bradford School, Pittsburgh
Cambria-Rowe Business College, Indiana
Cambria-Rowe Business College, Johnstown
Consolidated School of Business, York
Consolidated School of Business, Lancaster
Douglas Education Center, Monessen
DuBois Business College, DuBois
DuBois Business College, Oil City
DuBois Business College, Huntingdon
Education and Technology Institute, Greensburg
Erie Business Center, Erie
Erie Business Center South, New Castle
Everest Institute, Pittsburgh
Everest Institute, Bensalem
Fortis Institute, Erie
Harris School of Business, Upper Darby
ITT Technical Institute, Pittsburgh
ITT Technical Institute, Tarentum
ITT Technical Institute, Harrisburg
ITT Technical Institute, Levittown
ITT Technical Institute, Plymouth Meeting
ITT Technical Institute, Dunmore
ITT Technical Institute, Philadelphia
Kaplan Career Institute, Philadelphia
Kaplan Career Institute, Harrisburg
Kaplan Career Institute - ICM Campus, Pittsburgh
Kaplan Career Institute, Broomall
Kaplan Career Institute, Philadelphia
Lansdale School of Business, North Wales
Laurel Business Institute, Uniontown
Laurel Technical Institute, Meadville
Laurel Technical Institute, LLC, Sharon
Lincoln Technical Institute, Philadelphia
Lincoln Technical Institute, Philadelphia
McCann School of Business & Technology, Carlisle
McCann School of Business & Technology,
Hazle Township
McCann School of Business & Technology, Pottsville
McCann School of Business & Technology, Sunbury
McCann School of Business & Technology, Allentown
McCann School of Business & Technology, Wilkes Barre
McCann School of Business & Technology,
Dickson City
Pace Institute, Reading
Penn Commercial Business/Technical School,
Washington
Pennsylvania Institute of Health and Technology,
Mount Braddock
PITC Institute, Glenside
Sanford-Brown Institute, Trevose
Sanford-Brown Institute, Pittsburgh
Sanford-Brown Institute, Pittsburgh
South Hills School of Business and Technology,
State College
South Hills School of Business and Technology, Altoona
The Art Institute of York - Pennsylvania, York
Yorktowne Business Institute, York
Puerto Rico
American Educational College, Bayamon
American Educational College, Vega Alta
American Educational College, Toa Alta
Atlantic University College, Guaynabo
Colegio Tecnologico y Comercial de PR, Aguada
Dewey University, Arroyo
Dewey University, Bayamon
Dewey University, Carolina
Dewey University, Fajardo
Dewey University, Hatillo
Dewey University, Hato Rey
Dewey University, Juana Diaz
Dewey University, Manati
Dewey University, Mayaguez
EDIC College, Carolina
EDIC College, Caguas
Humacao Community College, Humacao
Instituto de Banca y Comercio, Hato Rey
Instituto de Banca y Comercio, Guayama
Instituto de Banca y Comercio, Cayey
Instituto de Banca y Comercio, Manati
Instituto de Banca y Comercio, Fajardo
Instituto de Banca y Comercio, Ponce
Instituto de Banca y Comercio, Mayaguez
Instituto de Banca y Comercio, Caguas
Instituto de Banca y Comercio, San Juan
Instituto de Banca y Comercio, Arecibo
Instituto De Banca Y Comercio, Humacao
Instituto De Banca Y Comercio, Bayamon
MBTI Business Training Institute, Santurce
MBTI Business Training Institute, Mayaguez
MBTI Business Training Institute, Fajardo
MBTI Business Training Institute, Bayamon
Trinity College of Puerto Rico, Ponce
Universal Technology College of Puerto Rico, Aguadilla
Universal Technology College of Puerto Rico, Camuy
Rhode Island
Lincoln Technical Institute, Lincoln
Ridley-Lowell Business & Technical Insitute,
West Warwick
South Carolina
Brown Mackie College, Greenville
Forrest College, Anderson
Golf Academy of America, Myrtle Beach
ITT Technical Institute, Greenville
ITT Technical Institute, North Charleston
ITT Technical Institute, Columbia
ITT Technical Institute, Myrtle Beach
Miller-Motte Technical College, Charleston
Miller-Motte Technical College, Conway
National Center For Credibility Assessment, Columbia
Professional Golfers Career College-Hilton Head, Bluffton
Virginia College, Greenville
Virginia College, Spartanburg
Virginia College, Florence
Virginia College, North Charleston
Virginia College, Columbia
South Dakota
Globe University, Sioux Falls
Tennessee
Anthem Career College, Memphis
Anthem Career College, Nashville
Daymar Institute, Nashville
Daymar Institute, Clarksville
Daymar Institute, Murfreesboro
International Academy of Design and Technology,
Nashville
ITT Technical Institute, Knoxville
ITT Technical Institute, Cordova
ITT Technical Institute, Nashville
ITT Technical Institute, Chattanooga
ITT Technical Institute, Johnson City
Kaplan Career Institute, Nashville
Miller-Motte Technical College, Clarksville
Miller-Motte Technical College, Chattanooga
Miller-Motte Technical College, Madison
National College of Business and Technology, Bristol
National College of Business and Technology, Nashville
National College of Business and Technology, Madison
National College of Business and Technology, Knoxville
National College of Business and Technology, Bartlett
National College of Business and Technology, Memphis
Virginia College School of Business and Health,
Chattanooga
Virginia College School of Business and Health, Knoxville
West Tennessee Business College, Jackson
Texas
American Commercial College, Odessa
American Commercial College, San Angelo
American Commercial College, Wichita Falls
Anamarc College, El Paso
Anamarc College, El Paso
Anthem College, Irving
Anthem College, Houston
Brown Mackie College - Dallas/Ft. Worth, Bedford
Brown Mackie College, San Antonio
Career Point College, San Antonio
Carrington College, Mesquite
Court Reporting Institute of Dallas, Dallas
Ecotech Institute, Austin
Everest College, Arlington
Everest College, Fort Worth
Everest College, Fort Worth
Everest College, Dallas
Golf Academy of America, Farmers Branch
International Academy of Design and Technology,
San Antonio
International Business College, El Paso
International Business College, El Paso
ITT Technical Institute, Houston
ITT Technical Institute, Arlington
ITT Technical Institute, Austin
ITT Technical Institute, Richardson
ITT Technical Institute, San Antonio
ITT Technical Institute, Webster
ITT Technical Institute, Houston
ITT Technical Institute, Desoto
ITT Technical Institute, San Antonio
35
ITT Technical Institute, Waco
Kaplan College, Arlington
Kaplan College, Beaumont
Kaplan College, Brownsville
Kaplan College, Corpus Christi
Kaplan College, Dallas
Kaplan College, El Paso
Kaplan College, Fort Worth
Kaplan College, San Antonio
Kaplan College, Laredo
Kaplan College, Lubbock
Kaplan College, McAllen
Kaplan College, San Antonio
Lawyer's Assistant School of Dallas, Dallas
Le Cordon Bleu College of Culinary Arts, Austin
Le Cordon Bleu College of Culinary Arts, Dallas
Lighthouse College, Dallas
North American University, Houston
Sanford-Brown College, Austin
Sanford-Brown College, San Antonio
Sanford-Brown College, Houston
Sanford-Brown College, Dallas
Sanford-Brown College, Houston
Texas Health and Science University, Austin
Texas Health and Science University, Austin
Texas School of Business, Houston
Texas School of Business, Friendswood
Vet Tech Institute of Houston, Houston
Virginia College, Austin
Virginia College, Lubbock
Utah
Art Institute of Salt Lake City, Draper
Broadview Entertainment Arts University, Salt Lake City
Broadview University, Layton
Broadview University, Orem
Broadview University, West Jordan
Eagle Gate College, Layton
Eagle Gate College, Salt Lake City
Eagle Gate College, Murray
Everest College, West Valley City
ITT Technical Institute, Murray
Neumont University, Salt Lake City
Provo College, Provo
36
Virginia
American National University, Salem
American National University, Martinsville
American National University, Lynchburg
American National University, Harrisonburg
American National University, Danville
American National University, Charlottesville
Bon Secours Memorial College of Nursing, Richmond
California University of Management and Sciences,
Falls Church
Everest College, Newport News
Everest College, Chesapeake
Everest College, Woodbridge
Everest College - McLean, Vienna
Fortis College, Norfolk
Fortis College, Richmond
Global Health College, Alexandria
Iglobal University, Annandale
ITT Technical Institute, Norfolk
ITT Technical Institute, Richmond
ITT Technical Institute, Springfield
ITT Technical Institute, Chantilly
ITT Technical Institute, Salem
Miller-Motte Technical College, Lynchburg
Miller-Motte Technical College, Roanoke
Sanford-Brown College, Mc Lean
Sentara College of Health Sciences, Chesapeake
Stratford University, Falls Church
Stratford University, Woodbridge
Stratford University, Newport News
Stratford University, Alexandria
Stratford University, Glen Allen
Stratford University, Virginia Beach
Virginia College, Richmond
Virginia International University, Fairfax
Westwood College, Annandale
Westwood College, Arlington
Washington
Bainbridge Graduate Institute, Seattle
Carrington College, Spokane
Charter College, Bellingham
Charter College, Pasco
Charter College, Vancouver
Charter College, Fife
Charter College, Lynnwood
Everest College, Everett
Everest College, Bremerton
Everest College, Vancouver
Everest College, Tacoma
Everest College, Seattle
International Academy of Design and Technology, Seattle
ITT Technical Institute, Everett
ITT Technical Institute, Seattle
ITT Technical Institute, Spokane Valley
Le Cordon Bleu College of Culinary Arts, Tukwila
West Virginia
American National University, Princeton
American National University, Parkersburg
ITT Technical Institute, Huntington
Mountain State College, Parkersburg
Valley College, Martinsburg
Valley College, Beckley
Valley College, Princeton
West Virginia Business College, Wheeling
West Virginia Business College, Nutter Fort
West Virginia Junior College, Charleston
West Virginia Junior College, Morgantown
West Virginia Junior College, Bridgeport
Wisconsin
Globe University - Appleton, Grand Chute
Globe University, Eau Claire
Globe University - Green Bay, Bellevue
Globe University - La Crosse, Onalaska
Globe University - Madison East, Madison
Globe University, Middleton
Globe University - Wausau, Rothschild
ITT Technical Institute, Greenfield
ITT Technical Institute, Green Bay
ITT Technical Institute, Madison
ITT Technical Institute, Greenfield
The Art Institute of Wisconsin, Milwaukee
Wright Graduate University for the Realization of Human
Potential, Elkhorn
International
American International College of Arts and Sciences,
Antigua, West Indies
Niels Brock Copenhagen Business College, Copenhagen,
Denmark
Schiller International University, Madrid, Spain
American University In Bosnia and Herzegovina, Tuzla,
Bosnia and Herzegowina
Schiller International University, Paris, France
The Art Institute of Vancouver, Vancouver, Ontario
California Miramar University-Kenya, Nairobi, Kenya
Everest College of Business, Technology and Healthcare,
Sudbury, Ontario, Canada
Westhill College, Mexico City, Mexico
Everest College of Business, Technology and Healthcare,
Toronto, Ontario, Canada
Stratford University, New Dehli, India
Niels Brock At Foreign Trade University Vietnam, Hanoi
Everest College of Business, Technology and Healthcare,
Hamilton, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Newmarket, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Hamilton, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Barrie, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Brampton, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Nepean, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Windsor, Ontario
Everest College of Business, Technology and Healthcare,
Scarborough, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Kitchener, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Toronto, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Ottawa, Ontario, Canada
Everest College of Business, Technology and Healthcare,
Mississauga, Ontario, Canada
Trillium College Kingston, Kingston, Ontario, Canada
Wyoming
Trillium College Ottawa, Ottawa, Canada
IBMC College, Cheyenne
International College of the Cayman Islands, Newlands,
Cayman Islands
Schiller International University, Heidelberg, Germany
37
ACICS
Commissioners
Mr. Brian Stewart, Chair
President/Chief Executive Officer
Bryan University
Dr. Thomas Duff
Professor Emeritus
University of Minnesota Duluth
Dr. Mary Anne Ramirez
Campus Dean
Stratford University
Ms. Jeanne Herrmann, Chair-Elect
Chief Operating Officer
Globe University/Minnesota School of Business
Dr. Lawrence Leak
Interim Provost and Chief Academic Officer
University of Maryland University College
(Retired)
Mr. John D. Euliano, Treasurer
Member, Board of Directors
American Higher Education Development
Corporation
Dr. Ruth Shafer
Lindenwood University
Adjunct Professor, Master of Education and
Administration Programs
Mr. Luis Llerena
Executive Director
CBT College
Dr. Edward G. Thomas
Cleveland State University
Professor of Marketing, Emeritus
Ms. Linda Blair
Dean and Chief Academic Officer
Spencerian College
Dr. Jamie Morley
Chief Executive Officer
Education Consulting Solutions, LLC.
Dr. Dennis Trinkle
Provost/Chief Academic Officer
Harrison College
Mr. Edwin Colón
Campus Director
ITT Technical Institute
Ms. LaShondra Peebles
Vice President, Division of Enrollment
Management and Student Affairs
Chicago State University
38
Accrediting Council for Independent Colleges and Schools
750 First Street, NE, Suite 980
Washington, DC 20002-4223
202.336.6780 (phone)
www.acics.org