2022-05-16T08:42:00-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2020-07-01 471178904 DANIEL MORGAN ACADEMY C/O JAMES P CARROLL DANI 6178999007 19680 MARINO LAKE CIRCLE NO 2403 MIROMAR LAKES FL 33913 JAMES P CARROLL COO 6178999007 2022-05-15 1 JAMES CARROLL XXX-XX-XXXX J ANDREW SMITH P00635175 5712279500 2022-05-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DANIEL MORGAN GRADUATE SCHOOL OF NATIONAL SECURITY JAMES P CARROLL 19680 MARINO LAKE CIRCLE NO 2403 MIROMAR LAKES FL 33913 2423485 0 X WWW.DMGS.ORG X 2014 DC TO EDUCATE AND PREPARE FUTURE LEADERS TO DEVELOP ACTIONABLE SOLUTIONS TO GLOBAL AND DOMESTIC SECURITY CHALLENGES. 5 5 39 0 0 0 803 672581 0 0 302814 571509 0 0 303617 1244090 616500 0 0 0 3654134 1430869 0 0 0 4701537 1993171 8972171 3424040 -8668554 -2179950 8685318 4035596 4024013 139873 4661305 3895723 A GRADUATE SCHOOL IN WASHINGTON, D.C. SERVING THE NATIONAL SECURITY COMMUNITY. THE SCHOOL CLOSED ON 7-31-2019. 0 0 1479904 0 TO PROVIDE GRADUATE DEGREE AND CERTIFICATE PROGRAMS ORIENTED TOWARD THE NEEDS AND GOALS OF ITS STUDENTS WHO ARE SERVING IN OR SEEK TO QUALIFY, FOR ENTRY INTO THE FIELDS OF NATIONAL SECURITY AND INTELLIGENCE. NO NEW PROGRAMS WERE HELD IN FISCAL YEAR 2021. 1479904 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 DC X JAMES P CARROLL COO 6178999007 19680 MARINO LAKE CIRCLE UNIT 2403 MIROMAR LAKES FL 33913 ABBY S MOFFAT CHAIR 1.00 X 0 0 0 MARTIN MENDELSOHN VICE CHAIR 1.00 X 0 0 0 MARION BOWMAN TRUSTEE 1.00 X 0 0 0 SYLVIA NAYLOR PHD TRUSTEE 1.00 X 0 0 0 CALVIN FREAS TRUSTEE 1.00 X 0 0 0 JAMES P CARROLL COO 40.00 X 432051 0 0 LISA ARFAA WEBSTER VICE OF ADVANCEMENT LT B4 YE12/19 40.00 X 35859 0 0 ERIC R EATON CPA TREASURER/CFO/ACTING PRESI 40.00 X 256557 0 26491 STEVEN MEYER DEAN OF GRADUATE STUDIES 40.00 X 180550 0 5917 THOMAS CYNKIN PHD VICE PRESIDENT, EXTERNAL A 40.00 X 151990 0 18357 KEVIN MCCARTY CHAIR OF MD & PROFESSOR 40.00 X 141032 0 5963 JACQUELINE LINDE VICE PRESIDENT, ENROLLMENT 40.00 X 176158 0 3153 MICHAEL BUCK DIRECTOR OF INFORMATION TE 40.00 X 134332 0 6922 LUKE MCCABE DIRECTOR OF HUMAN RESOURCE 40.00 X 131598 0 16471 MONIQUE M CHOURAESHKENAZI DIRECTOR 40.00 X 135903 0 2357 WILLIAM DINELLO ASSOCIATE DEAN OF GRADUATE STUDIES 40.00 X 130103 0 16141 1906133 0 101772 14 0 1 0 BLANK ROME ONE LOGAN SQUARE 130 N 18TH ST PHILADELPHIA PA 19103 LEGAL COUNSEL 420181 CLIFTONLARSONALLEN LLP 1966 GREENSPRING DRIVE SUITE 300 TIMONIUM MD 21093 ACCOUNTING SERVICES 187526 2 672581 672581 2263 2263 1748641 1179395 569246 569246 569246 1244090 0 0 571509 X 929740 371896 557844 376440 376440 8381 6872 1509 2517 2169 348 113791 77526 36265 95239 95239 24825 24825 12982 12982 653120 561315 91805 67593 46051 21542 10973 7476 3497 2049 1396 653 1333 908 425 578 578 34226 23318 10908 166410 166410 ASSET DONATIONS 905334 905334 TAXES 11850 0 11850 DUES AND SUBSCRIPTIONS 6659 4537 2122 3424040 1479904 1944136 0 1354243 222120 25774 0 2132637 5172664 3813476 8685318 4035596 437242 139873 672011 2914760 0 4024013 139873 X 4661305 3895723 4661305 3895723 8685318 4035596 X -2179950 -117713 1532081 X 0 0 0 X 8153703 17227985 15024882 539003 672581 41618154 0 8153703 17227985 15024882 539003 672581 41618154 26240757 15377397 169720 187776 139078 148697 569246 1214517 700 2100 2263 5063 42837734 3006900 0.35900 0.30850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 5172664 440811 1800000 3813475 6161318 11346 1000000 5172664 6925862 235457 1000000 6161319 9219585 666277 2960000 6925862 8628339 591246 9219585 0 0 0 PART V, LINE 4: SCHEDULE D, ENDOWMENT FUNDS: THE PURPOSE OF THE DIANA DAVIS SPENCER FOUNDATION ENDOWMENT FUND IS TO PROVIDE FINANCIAL STABILITY AND TO SUPPORT THE DANIEL MORGAN ACADEMY'S LONG-TERM OBJECTIVES. THUS, THE OBJECTIVE OF THE ENDOWMENT FUND IS TO MAXIMIZE RETURNS WHILE AT THE SAME TIME ATTAINING A PROPER AND RESPONSIBLE BALANCE TO SAFETY AND LIQUIDITY. RECOGNIZING THAT FLUCTUATING RATES OF RETURN ARE CHARACTERISTICS OF THE SECURITIES MARKETS AND PERIODIC OUTPERFORMANCE AND UNDERPERFORMANCE TO BENCHMARKS ARE NOT UNCOMMON EVEN WITH TOP-TIER INVESTMENT MANAGERS, MAINTAINING A LONG-TERM FOCUS WILL INCREASE THE LIKELIHOOD OF SUCCESS FOR THE ENDOWMENT'S INVESTMENT STRATEGY. 1 N/A N/A N/A N/A X X X 1 0 0 0 0 0 0 0 0 JAMES P CARROLL COO 432051 0 0 0 0 0 0 0 0 0 432051 0 0 0 ERIC R EATON CPA TREASURER/CFO/ACTING PRESI 256557 0 0 0 0 0 8000 0 18491 0 283048 0 0 0 STEVEN MEYER DEAN OF GRADUATE STUDIES 180550 0 0 0 0 0 4615 0 1302 0 186467 0 0 0 JACQUELINE LINDE VICE PRESIDENT, ENROLLMENT 176158 0 0 0 0 0 0 0 3153 0 179311 0 0 0 THOMAS CYNKIN PHD VICE PRESIDENT, EXTERNAL A 151990 0 0 0 0 0 16000 0 2357 0 170347 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE FILING WITH THE IRS THE CHIEF OPERATING OFFICER WILL REVIEW THE COMPLETED FILING WITH THE PAID PREPARER. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE DMA OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING: 1)WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. 2)WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT CONFORM TO DMA'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. THE BOARD REQUIRES ANNUAL DECLARATIONS TO DEMONSTRATE COMPLIANCE WITH CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION IS SET BY THE BOARD OF TRUSTEES. THE ORGANIZATION USED MARKET ANALYSIS FROM THE SEARCH FIRM DURING THE PROCESS. THIS PROCESS RECENTLY TOOK PLACE IN 2020. THE COMPENSATION IS SET BY THE PRESIDENT IN THE OFFICERS' CAPACITIES AS STAFF MEMBERS AND NOT CORPORATE OFFICERS. THE ORGANIZATION USED MARKET ANALYSIS FROM THE SEARCH FIRM DURING THE PROCESS. THIS PROCESS RECENTLY TOOK PLACE IN 2020. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 289,128. MANAGEMENT AND GENERAL EXPENSES 91,805. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 380,933. SPONSORSHIPS: PROGRAM SERVICE EXPENSES 133,805. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,805. ADJUNCT FEES: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. MA PROGRAMS: PROGRAM SERVICE EXPENSES 136,382. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,382. FORM 990, PART XI, LINE 9: GAIN/LOSS ON TENANT ALLOWANCE 1,193,077. RENT PAYMENTS -2,725,158. NET ASSETS WITHOUT RESTRICTIONS 3,064,162.