NATIONAL ASSOCIATION OF SCHOLARS INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ASSOCIATION OF SCHOLARS INC (EIN 11-2741490)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-28
- IRS object ID
- 202342409349301499
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-28T20:01:06-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521626705 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSENBLOOM & BUTLER CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1455 RESEARCH BLVD SUITE 510 | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 112741490 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ASSOCIATION OF SCHOLARS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 9175516770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 MADISON AVE 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRUCE GILLEY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9175516770 | PhoneNum |
| Signature | 2023-08-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRUCE | PersonFirstNm |
| Person Last | GILLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID BUTLER CPA | PreparerPersonNm |
| PTIN | P00175208 | PTIN |
| Phone | 3017627755 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PETER WOOD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 MADISON AVE 7TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,633,316 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NAS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PROMOTION AND PRESERVATION OF HIGH ACADEMIC STANDARDS IN TEACHING AND SCHOLARSHIP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,896,648 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,541,925 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $78,649 | PYInvestmentIncomeAmt |
| CY Investment Income | $91,334 | CYInvestmentIncomeAmt |
| PY Other Revenue | $162 | PYOtherRevenueAmt |
| CY Other Revenue | $57 | CYOtherRevenueAmt |
| PY Total Revenue | $2,975,459 | PYTotalRevenueAmt |
| CY Total Revenue | $2,633,316 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $45,141 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $44,350 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,190,950 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,572,721 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $75,111 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $109,121 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $109,121 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $765,118 | PYOtherExpensesAmt |
| CY Other Expenses | $775,549 | CYOtherExpensesAmt |
| PY Total Expenses | $2,076,320 | PYTotalExpensesAmt |
| CY Total Expenses | $2,501,741 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $899,139 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $131,575 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,936,592 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,510,008 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,516 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $273,300 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,894,076 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,236,708 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NATIONAL ASSOCIATION OF SCHOLARS IS A NETWORK OF SCHOLARS AND OTHERS COMMITTED TO UPHOLDING THE STANDARDS OF A LIBERAL ARTS EDUCATION THAT FOSTERS INTELLECTUAL FREEDOM, INVESTIGATE RELEVANT ISSUES, AND PROMOTE HIGHER EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,959,527 | ExpenseAmt |
| Grant | $44,350 | GrantAmt |
| Desc | JOURNALS & REPORTSPUBLISHED A QUARTERLY JOURNAL, ACADEMIC QUESTIONS, WHICH EXPLORES THE VICES AND VIRTUES OF THE CONTEMPORARY UNIVERSITY. ISSUES ARE OFTEN THEMED AND INCLUDE SCHOLARLY ARTICLES, BOOK REVIEWS, POETRY, AND ITEMS OF ACADEMIC INTEREST. A SUBSCRIPTION TO ACADEMIC QUESTIONS IS INCLUDED IN NAS MEMBERSHIP. PUBLISH STUDIES THAT EXAMINE CURRICULA AND OTHER ASPECTS OF HIGHER EDUCATION POLICY AND PRACTICE. THESE STUDIES DOCUMENT TRENDS IN CONTEMPORARY ACADEMIA. THEY AIM TO STIMULATE IMPROVEMENTS TO THE QUALITY OF EDUCATION IN OUR COLLEGES AND UNIVERSITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $83,600 | ExpenseAmt |
| Desc | ADVOCACY, COMMENTARY AND MEETINGSNATIONAL ASSOCIATION OF SCHOLARS ADVOCATES FOR HIGHER EDUCATION REFORM AND FREEDOM OF SPEECH AND CONSCIENCE. WE ENGAGE PUBLIC SUPPORT FOR WORTHY REFORMS. IN OUR WRITING WE ADVOCATE PUBLICLY FOR THE INTELLECTUAL FREEDOM OF FACULTY MEMBERS, ADMINISTRATORS, STUDENTS, AND INVITED CAMPUS SPEAKERS. OUR WEBSITE PRESENTS DAILY OPINION AND COMMENTARY ON DEVELOPMENTS AND TRENDS IN HIGHER EDUCATION. A HIGH-TRAFFIC DESTINATION LINKED BY MAJOR ONLINE PUBLICATIONS, NAS.ORG PUBLISHES SUBSTANTIAL OP-ED STYLE ARTICLES BY GUEST AUTHORS AND NAS STAFF, ALONG WITH DEBATES AND VIDEOS.NAS HOLDS NATIONAL AND REGIONAL MEETINGS THAT FOCUS ON IMPORTANT ISSUES AND PUBLIC POLICY DEBATES IN HIGHER EDUCATION TODAY. AT THESE MEETINGS AND CONFERENCES, THOSE CONCERNED ABOUT HIGHER EDUCATION CONVENE TO DISCUSS ISSUES OF THE MOMENT, PROPOSE REFORMS, AND RECOGNIZE INDIVIDUAL ACHIEVEMENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,043,127 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORGANIZATION'S MANAGEMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9175516770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 MADISON AVE 7TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| DANIEL ASIA | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN BALCH | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JAY BERGMAN | ||||||
| MEMBER & SECRETARY 10-2022 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PETER BERKOWITZ | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WARD CONNERLY | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GEORGE W DENT JR | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID GORDON | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| GAIL L HERIOT | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS KLINGENSTEIN | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| WIGHT MARTINDALE | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BNELSON ONG | ||||||
| MEMBER & SECRETARY THRU 10-22 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| RICHARD VEDDER | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| BRADLEY CS WATSON | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| AMY WAX | ||||||
| MEMBER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| ALBERT KEITH WHITAKER | ||||||
| MEMBER & CHAIRMAN | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| BRUCE GILLEY | ||||||
| MEMBER & TREASURER | 0.00 | Yes (X) | $0 | $0 | $0 | |
| PETER WOOD | ||||||
| PRESIDENT | 40.00 | $225,000 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $225,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,541,925 | AllOtherContributionsAmt |
| Total Contributions | $2,541,925 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,334 | TotalRevenueColumnAmt |
| Exclusion | $91,334 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 611710 | BusinessCd |
| Total Revenue Column | $57 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $57 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,633,316 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $91,334 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,350 | TotalAmt |
| Program Services | $44,350 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,513 | TotalAmt |
| Program Services | $225,000 | ProgramServicesAmt |
| Management And General | $37,513 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,007,773 | TotalAmt |
| Program Services | $863,762 | ProgramServicesAmt |
| Management And General | $144,011 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,008 | TotalAmt |
| Program Services | $49,719 | ProgramServicesAmt |
| Management And General | $8,289 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,849 | TotalAmt |
| Program Services | $126,721 | ProgramServicesAmt |
| Management And General | $21,128 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,578 | TotalAmt |
| Program Services | $82,777 | ProgramServicesAmt |
| Management And General | $13,801 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,934 | TotalAmt |
| Program Services | $3,207 | ProgramServicesAmt |
| Management And General | $1,727 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,514 | TotalAmt |
| Program Services | $7,484 | ProgramServicesAmt |
| Management And General | $4,030 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,000 | TotalAmt |
| Management And General | $35,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,121 | TotalAmt |
| Fundraising | $109,121 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,361 | TotalAmt |
| Program Services | $52,730 | ProgramServicesAmt |
| Management And General | $1,631 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,637 | TotalAmt |
| Program Services | $39,118 | ProgramServicesAmt |
| Management And General | $6,519 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,045 | TotalAmt |
| Program Services | $38,043 | ProgramServicesAmt |
| Management And General | $2,002 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,667 | TotalAmt |
| Program Services | $111,767 | ProgramServicesAmt |
| Management And General | $47,900 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,325 | TotalAmt |
| Program Services | $45,557 | ProgramServicesAmt |
| Management And General | $10,768 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,194 | TotalAmt |
| Program Services | $12,166 | ProgramServicesAmt |
| Management And General | $2,028 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| COMMUNICATION CONSULTAN | $140,463 | $133,439 | $7,024 |
| PUBLICATIONS | $111,071 | $111,071 | |
| CONFERENCE | $58,304 | $58,304 | |
| POSTAGE & FREIGHT | $40,058 | $34,334 | $5,724 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,976 | TotalAmt |
| Program Services | $3,578 | ProgramServicesAmt |
| Management And General | $398 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,501,741 | TotalAmt |
| Program Services | $2,043,127 | ProgramServicesAmt |
| Management And General | $349,493 | ManagementAndGeneralAmt |
| Fundraising | $109,121 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,261,902 | BOYAmt |
| EOY | $1,108,504 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,529 | BOYAmt |
| EOY | $21,681 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $72,925 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $72,925 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,629,098 | BOYAmt |
| EOY | $3,344,761 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,063 | BOYAmt |
| EOY | $35,062 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,936,592 | BOYAmt |
| EOY | $4,510,008 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,516 | BOYAmt |
| EOY | $43,470 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $229,830 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,516 | BOYAmt |
| EOY | $273,300 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,347,936 | BOYAmt |
| EOY | $4,067,662 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $546,140 | BOYAmt |
| EOY | $169,046 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,894,076 | BOYAmt |
| EOY | $4,236,708 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,936,592 | BOYAmt |
| EOY | $4,510,008 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $131,575 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$584,523 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$204,420 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,432,187 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,964,190 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,180,899 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,896,648 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,091,504 | CurrentTaxYearAmt |
| Total | $11,565,428 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,432,187 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,964,190 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,180,899 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,896,648 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,091,504 | CurrentTaxYearAmt |
| Total | $11,565,428 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $11,565,428 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,342 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $136,945 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $78,592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $91,334 | CurrentTaxYearAmt |
| Total | $360,674 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,021 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,462 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,095 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $162 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $57 | CurrentTaxYearAmt |
| Total | $40,797 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $11,966,899 | TotalSupportAmt |
| Public Support CY170 | 0.96650 | PublicSupportCY170Pct |
| Public Support PY170 | 0.96670 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $72,925 | OtherCostOrOtherBasisAmt |
| Depreciation | $72,925 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCHANGE TRADED FUNDS | Desc |
| Book Value | $3,344,761 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,344,761 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $2,048,793 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$584,523 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$584,523 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,633,316 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,633,316 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,495,946 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$5,795 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$5,795 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,501,741 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,501,741 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | PRIOR YEAR ADJUSTMENTS TO LEASE EXPENSE - NEW FASB |
| SCH D, PART X, LINE 2 | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF ITS YEAR END, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NATIONAL ASSOCIATION OF SCHOLARS, INC. IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES NATIONAL ASSOCIATION OF SCHOLARS, INC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELLADY DIRECT MARKETING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29035 THE OLD RD | AddressLine1Txt |
| City | VALENCIA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 913551083 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | DIRECT MAILING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $109,121 | RetainedByContractorAmt |
| Net To Organization | -$109,121 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $109,121 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$109,121 | TotalNetToOrganizationAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | HONORARIA | GrantTypeTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER WOOD | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $225,000 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $225,000 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETE COPY OF FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REMINDS STAFF OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE POLICY PRECLUDES OFFICERS AND EMPLOYEES FROM MAKING ANY DECISIONS FROM WHICH THEY WILL BENEFIT FINANCIALLY. THE POLICY ALSO REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST BE DISCLOSED. THE POLICY IS REVIEWED PERIODICALLY BY THE PRESIDENT AND BOARD. POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINATIONS ARE MADE ON A CASE-BY-CASE BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | EACH YEAR PRIOR TO THE ANNUAL BOARD OF DIRECTORS MEETING, THE BOARD'S COMMITTEE ON EXECUTIVE COMPENSATION SHALL CONSIDER WHAT CHANGES, IF ANY, SHOULD BE MADE IN THE SALARY OF THE PRESIDENT. IF ANY CHANGES ARE RECOMMENDED, THESE SHALL BE REPORTED TO THE BOARD OF DIRECTORS FOR FINAL DECISION. THE COMPENSATION OF CHIEF EXECUTIVES AT COMPARABLE ORGANIZATIONS IS TAKEN INTO ACCOUNT. |
| FORM 990, PART VI, SECTION C, LINE 18 | EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI RECONCILIATION OF NET ASSETS | FORM 990 NET ASSETS RECONCILE TO AUDITED FINANCIAL STATEMENTS AS FOLLOWS. DIFFERENCES ARE DUE TO NEW FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASU#2016-02 & REVISIONS (TOPIC 842) FOR LEASE STANDARDS: FINANCIAL STATEMENT NET ASSETS 12-31-2022 $4,209,109 FASB NEW LEASE STANDARD - RETROACTIVE APPLICATION '21 28,182 FASB YEAR-END WRITE DOWN/UP OF LEASE EXPENSE '21 (5,796) FASB YEAR-END WRITE DOWN/UP OF LEASES '22 5,213 _____________________________________________________________________ TAX RETURN NET ASSETS 12-31-2022 $4,236,708 |
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