SCORE! Educational Centers
SCORE! Educational Centers
SCORE! Educational Centers
Educational Centers
1
2 6 EXTERNAL LINKS
sues in the model by developing SCORE! Mountain.,[2] Orange County, Texas, and Georgia among other cen-
the companys rst long-term customer loyalty program ters in the remaining regions.[12] The closures were fo-
for the students with a reporting system for their parents. cused primarily on centers that solely oered only one of
Drekmeier opened the third center in Los Altos, Cali- Score!'s programs (either the Advantage Program or the
fornia, beginning a period of rapid growth for the com- Personal Academic Tutoring program.) The company re-
pany. SCORE!'s early success was attributed to person- structuring resulted in certain management and terminat-
alized educational software provided by Computer Cur- ing certain employees from closed centers. The remain-
riculum Corporation (CCC), the corporate culture fueled ing centers oered both programs to increase revenue
by energetic SCORE! coaches,[3] and the loyalty busi- opportunities.[13] As of January, 2008, Score! operated
ness model. Glenn Tripp, Alan Tripps brother, joined 80 centers in eight states.
the company and opened the sixth center, in San Jose,
California in 1994. Glen Tripp soon joined the executive
management team and helped lead the company to fur-
ther successes and operational eciencies. Other profes-
4 SCORE! closes all operations
sionals who played early leading roles in shaping the start- June 2009
up company in 1993 and 1994 included (in alphabetical
order) Ben Besley, James Cleveland, Gail Derecho, Alli- Score revenues declined 41% in the rst quarter of 2009,
son Don, Sarah Hainstock, David Hannigan, Rich Kelley, and operating losses at Score increased from $3.7 million
Thomas Layton, Elizabeth Phythian, and Ann Smith. in the rst quarter of 2008 to $17.6 million in the rst
After 1995, the company expanded its cadre of center di- quarter of 2009, inclusive of restructuring charges. At
rectors and SCORE! coaches and grew to 19 centers serv- the end of March 2009, the Washington Post Company
ing thousands of students throughout California. With a approved a plan to oer tutoring services, previously pro-
chain of prime retail locations secured, the rm sought to vided at Score, in Kaplan test prep centers. In conjunc-
increase revenue per center by investing in two new ser- tion with this plan, 14 existing Score centers will be con-
vices: SCORE! Learning Adventures and Personal Aca- verted into Kaplan test prep centers and the remaining 64
demic Tutoring. In 1996 CCC decided not to sign an Score centers will be closed. The plan is expected to be
exclusive licensing agreement with SCORE! and instead substantially completed by the end of the second quarter
awarded licensing to Kaplan. This limited SCORE!'s of 2009. Washington Post recorded $11.5 million in asset
ability to expand, as the initial deal only allowed Alan write-downs, severance and accelerated depreciation of
Tripp to expand to eight more centers. In order to bypass xed assets in the rst quarter of 2009, including a $9.2
this limit, on 17 April 1996, Kaplan acquired SCORE! in million write-down on Scores software product. Addi-
a deal worth less than $10 million USD. In 1999, Tripp tional operating losses of approximately $19.2 million are
went on to found another educational services business, expected to be recorded during the remainder of 2009;
InsideTrack focused on coaching college students. these estimated losses are related to the wind-down pe-
riod of the 64 Score centers to be closed, including $15.0
million related to lease obligations, severance and accel-
3.2 A decade of national expansion: 1997- erated depreciation of xed assets. Poor upper regional
2006 management and internal weak structures eventually led
to a class action lawsuit for violating labor laws brought
Once owned by Kaplan, Inc., the company expanded to on by Score! employees which settled out of court for an
over 165 locations in eleven states at its height. The divi- undisclosed amount. [14]
sion moved its headquarters from San Francisco, CA to
Jack London Square. By 2005, the learning centers had
helped more than 250,000 students since it rst opened 5 See also
its doors in Palo Alto, CA.[9] By 2006, the centers served
82,000 students per year.[10] The division headquarters
moved again to Chicago, IL. Inquiry education
Philosophy of education
3.3 Later developments: 2007 to present
Personalization
In 2007 Kaplan and SCORE! released SCORE! Moun-
tain Challenge Workbook Series and interactive compan-
ion. 6 External links
The same year, likely due to continued weak results in
revenue,[11] Kaplan made the decision to close 75 Score! SCORE! Mountain Book website
centers, nearly half of the total 160 centers as of the end
of 2007, eliminating entirely the regions in San Diego, Kaplan website
3
7 References and external sources Sherwood, Emily, Ph.D. "Helping Students Climb
the Learning Curve: From Base Camp to Summit
[1] The Washington Post Company Reports First Quarter with Kaplans Tutoring Company, SCORE!" Edu-
Earnings cation Update Online, May 2007.
[2] Education Update - Helping Students Climb the Learning Adler, Christine, "New Workbook Series Aims at
Curve Avoiding the Academic 'Summer Slide'" NYMetro-
Parents, October 13, 2007.
[3] Harvard Business Online
[11] http://phx.corporate-ir.net/phoenix.zhtml?c=62487&p=
irol-newsArticle&ID=995871&highlight=
[12] http://phx.corporate-ir.net/phoenix.zhtml?c=62487&p=
irol-newsArticle&ID=1112934&highlight=
[13] http://www.scorelearning.com/find
[14] http://www.washpostco.com/phoenix.zhtml?c=62487&
p=irol-newsArticle&ID=1283230&highlight=
8.2 Images