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Nonprofit · EIN 87-2387994

AMERION COLLEGE INC

Also known as SENSIBLESCHOOL INC

Tax-exempt · HUNTINGTON, WV 25701

Financials

$2.5M$2.6M2023$3.6M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of AMERION COLLEGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,550,942$3,503,572$47,370$2,022,620$1,289,462$733,158
June 30, 2024990$2,508,748$2,567,732-$58,984$1,721,256$3,020,607-$1,299,351
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,050,000
Program service revenue
$2,500,942
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,531,988
Salaries, compensation and benefits (total)
$1,793,626
Professional fundraising fees
$0
Legal fees
$124,811
Occupancy
$10,191
Travel
$43,484
Depreciation
$47,774
Program services (functional)
$1,990,134
Management and general (functional)
$1,474,251
Fundraising (functional)
$39,187

Balance sheet and other

Total assets, start of year
$1,721,256
Total assets, end of year
$2,022,620
Total liabilities, end of year
$1,289,462
Net assets, end of year
$733,158
Land, buildings and equipment
$1,216,100
Net assets without donor restrictions
$733,158
Gross receipts
$3,550,942
Employees
28
Volunteers
9
Year formed
2021
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
FREDERIC J FRANSENPRESIDENT/CEO
Trustee or director, Officer
14$0$191,055$23,005
LAKE TACKETTEXECUTIVE DIRECTOR
Highest-paid employee
40$104,961$0$4,479
DENNIS TRINKLECHAIR
Trustee or director, Officer
5$0$0$0
SHEREE SPEAKMANSECRETARY
Trustee or director, Officer
1$0$0$0
JEREMY VEATCHTREASURER
Trustee or director, Officer
1$0$0$0
KIM HOLDERBOARD MEMBER
Trustee or director
1$0$0$0
JOHNATHAN HOLIFIELDBOARD MEMBER
Trustee or director
1$0$0$0
ROB LARITYBOARD MEMBER
Trustee or director
1$0$0$0
ADRIENNE LANCE LUCASBOARD MEMBER
Trustee or director
1$0$0$0
ANDREW MORRISSBOARD MEMBER
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
FREDERIC J FRANSENPRESIDENT/CEO
Trustee or director, Officer
14$0$182,594$20,993
DENNIS TRINKLECHAIR
Trustee or director, Officer
5$0$0$0
SHEREE SPEAKMANSECRETARY
Trustee or director, Officer
1$0$0$0
JEREMY VEATCHTREASURER
Trustee or director, Officer
1$0$0$0
KIM HOLDERBOARD MEMBER
Trustee or director
1$0$0$0
JOHNATHAN HOLIFIELDBOARD MEMBER
Trustee or director
1$0$0$0
ROB LARITYBOARD MEMBER
Trustee or director
1$0$0$0
ADRIENNE LANCE LUCASBOARD MEMBER
Trustee or director
1$0$0$0
ANDREW MORRISSBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
900 5TH AVE, HUNTINGTON, WV 25701-2004
Principal officer (990 for 2024)
FREDERIC FRANSEN, 900 5TH AVE, HUNTINGTON, WV 25701
Signed the 990
FREDERIC FRANSEN, PRESIDENT/CEO
Phone
(317) 870-1050
Return prepared by
SIKICH LLC

Mission

AMERITAS COLLEGE IS A COMPREHENSIVE, OPEN-ADMISSION PRIVATE INSTITUTION LOCATED IN HUNTINGTON, WV, SERVING STUDENTS GLOBALLY. AMERITAS COLLEGE IS COMMITTED TO ENSURING STUDENT LEARNING, VALIDATING STUDENT OUTCOMES, AND PROMOTING ACADEMIC EXCELLENCE AS EVIDENCED BY GRADUATE SUCCESS IN EMPLOYMENT OR LIFELONG LEARNING.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTITUTION OF HIGHER LEARNING EDUCATIONAL SERVICES:IN 2024, HJC WAS APPROVED FOR THE CLASSICAL LIBERAL ARTS PROGRAM (CLA) AND THE PRISON EDUCATION PROGRAM (PEP). IN 2025, HJC WAS REBRANDED AS AMERITAS COLLEGE, INC.
    Expenses $1,990,134 · revenue $2,500,942

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-2387994
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B41)
Assets (IRS master file)
$2,022,620
Income (IRS master file)
$3,550,942

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,550,942$3,503,572$2,022,620IRS
990June 2024$2,508,748$2,567,732$1,721,256XML
990June 2023$1,644,783$2,762,197$1,203,362IRS
990June 2022$447,749$570,702$697,138IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2387994).

Questions about AMERION COLLEGE INC

What is the EIN of AMERION COLLEGE INC?
The employer identification number (EIN) of AMERION COLLEGE INC is 87-2387994.
Is AMERION COLLEGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to AMERION COLLEGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERION COLLEGE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERION COLLEGE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERION COLLEGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AMERION COLLEGE INC?
The 990 for the year ended June 30, 2025 names FREDERIC FRANSEN.
Who are the officers and directors of AMERION COLLEGE INC?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization.
How much revenue does AMERION COLLEGE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,550,942, expenses of $3,503,572 and total assets of $2,022,620 at year end.

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