2021-11-15T09:12:12-06:00 2020-12-31 560574444 CHERRY BEKAERT LLP 6116 EXECUTIVE BLVD STE 600 ROCKVILLE MD 20852 990 2020-01-01 521512323 NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS INC NATI 7034652700 1525 WILSON BLVD NO 700 ARLINGTON VA 22209 PEGGY L BROOKINS PRESIDENT & CEO 7034652700 2021-11-11 1 PEGGY BROOKINS 999009999 RAYMOND BARBAGALLO P00173692 3015899000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z PEGGY L BROOKINS 1525 WILSON BLVD NO 700 ARLINGTON VA 22209 15336000 0 X WWW.NBPTS.ORG X 1987 DE THE FOUNDING MISSION OF THE NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS IS TO ADVANCE THE QUALITY OF TEACHING AND LEARNING BY: MAINTAINING HIGH AND RIGOROUS STANDARDS FOR WHAT ACCOMPLISHED TEACHERS SHOULD KNOW AND BE ABLE TO DO; PROVIDING A NATIONAL VOLUNTARY SYSTEM CERTIFYING TEACHERS WHO MEET THESE STANDARDS; AND ADVOCATING RELATED EDUCATION REFORMS TO INTEGRATE NATIONAL BOARD CERTIFICATION IN AMERICAN EDUCATION AND TO CAPITALIZE ON THE EXPERTISE OF NATIONAL BOARD CERTIFIED TEACHERS. 29 29 50 0 0 0 2847000 2189667 21151129 12984608 168710 118634 47041 27971 24213880 15320880 0 46525 0 0 5866237 5229022 0 0 473902 18563473 11811720 24429710 17087267 -215830 -1766387 6819000 7108000 7809000 9865000 -990000 -2757000 X THE FOUNDING MISSION OF THE NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS IS TO ADVANCE THE QUALITY OF TEACHING AND LEARNING BY: MAINTAINING HIGH AND RIGOROUS STANDARDS FOR WHAT ACCOMPLISHED TEACHERS SHOULD KNOW AND BE ABLE TO DO; PROVIDING A NATIONAL VOLUNTARY SYSTEM CERTIFYING TEACHERS WHO MEET THESE STANDARDS; AND ADVOCATING RELATED EDUCATION REFORMS TO INTEGRATE NATIONAL BOARD CERTIFICATION IN AMERICAN EDUCATION AND TO CAPITALIZE ON THE EXPERTISE OF NATIONAL BOARD CERTIFIED TEACHERS. 0 0 10340750 46525 10969693 ASSESSMENT AND DELIVERYSEE SCHEDULE O FOR COMPLETE DESCRIPTION 2602000 1093000 POLICY, MOBILIZATION, AND OUTREACHSEE SCHEDULE O FOR COMPLETE DESCRIPTION 1715000 1182000 EDUCATOR EFFECTIVENESSSEE SCHEDULE O FOR COMPLETE DESCRIPTION 14657750 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 50 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR AK CA CT FL GA HI IL KS KY MA MD MI MN MS NH NJ NM OK OR PA RI SC TN UT VA WA WI WV X DORIAN DAVIS CONTROLLER 7034652700 1525 WILSON BLVD NO 700 ARLINGTON VA 22209 TERRY HOLLIDAY CHAIR 12.50 X 0 0 0 SHARON GALLAGHER-FISHBAUGH VICE CHAIR 14.50 X 0 0 0 SARAH BROWN WESSLING DIRECTOR 15.50 X 0 0 0 MELISSA ALBRIGHT DIRECTOR 4.00 X 0 0 0 MEGAN ALLEN DIRECTOR 5.00 X 0 0 0 CATHERINE ANDERSON DIRECTOR 3.00 X 0 0 0 HEATHER ANDERSON DIRECTOR 4.00 X 0 0 0 JAMES BROOKS DIRECTOR 4.00 X 0 0 0 ELIZABETH BROWN-DAVIS DIRECTOR 3.00 X 0 0 0 MELISSA COLLINS DIRECTOR 3.00 X 0 0 0 SHARIF EL-MEKKI DIRECTOR 3.00 X 0 0 0 KELLY ELDER DIRECTOR 5.00 X 0 0 0 LILY ESKELSEN GARCIA DIRECTOR 3.50 X 0 0 0 TAN-A HOFFMAN DIRECTOR 4.00 X 0 0 0 TONIA HOLMES-SUTTON DIRECTOR 9.00 X 0 0 0 SHELLY KRAJACIC DIRECTOR 7.00 X 0 0 0 MAE JEMISON DIRECTOR 4.00 X 0 0 0 DAT LE DIRECTOR 7.00 X 0 0 0 DOUG LEA DIRECTOR 3.00 X 0 0 0 RENEE MIDDLETON DIRECTOR 7.00 X 0 0 0 KAREEM NEAL DIRECTOR 3.00 X 0 0 0 GAVIN PAYNE DIRECTOR 6.50 X 0 0 0 DAVID PICKLER DIRECTOR 6.50 X 0 0 0 TONI POLING DIRECTOR 4.00 X 0 0 0 REBECCA PRINGLE DIRECTOR 3.50 X 0 0 0 DAVID QUOLKE DIRECTOR 6.00 X 0 0 0 SHANNON RASMUSSEN DIRECTOR 3.00 X 0 0 0 MARY CATHRYN RICKER DIRECTOR 6.00 X 0 0 0 LATONYA SIBLEY DIRECTOR 4.00 X 0 0 0 SUSANNE SILK DIRECTOR 4.00 X 0 0 0 JULIANA URTUBEY DIRECTOR 3.00 X 0 0 0 JOSE VILSON DIRECTOR 4.00 X 0 0 0 RANDI WEINGARTEN DIRECTOR 3.50 X 0 0 0 PEGGY BROOKINS PRESIDENT & CEO 37.50 X 352226 0 19922 JOSEPH F DOCTOR CHIEF OPERATING OFFICER 37.50 X 239319 0 35582 MICHAEL HARRIS VP FINANCE, PEOPLE & ADMIN 37.50 X 7598 0 2067 KRISTIN HAMILTON VP STANDARDS 37.50 X 179517 0 24954 ELIZABETH SPRIGGS VP TECHNOLOGY 37.50 X 166161 0 24442 MICHAEL DICONTI FORMER CHIEF FINANCIAL OFFICER 37.50 X 180046 0 28788 CAROL EZZELLE SR DIRECTOR, PSYCHOMETRICS 37.50 X 163263 0 16704 ELLEN SHERRAT VP POLICY & RESEARCH 37.50 X 162054 0 24601 JEFFREY DERRICK DIRECTOR OF FINANCE 37.50 X 151108 0 7208 ALEXANDRA MANE VP DEVELOPMENT 37.50 X 138832 0 15364 MICHELLE ACCARDI DIRECTOR OF POLICY PARTNERSHIPS 37.50 X 137744 0 24731 1877868 0 224363 22 0 1 0 RUTHANNE BUCK 7713 CAROLL AVENUE TAKOMA PARK MD 20912 CONSULTING 229637 VCHIEF 3011 SUNRISE CT MIDDLETON WI 53562 CONSULTING 145083 ACCOUNTTEMPS 1240 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CONSULTING 134733 NP CONSULTING INC 1100 G STREET NW SUITE 750 WASHINGTON DC 20005 CONSULTING 133585 AMERICAN INSTITUTE FOR RESEARCH PO BOX 28126 NEW YORK NY 10087 CONSULTING 114760 5 128000 2061667 2189667 CANDIDATE FEES 611710 11909000 11909000 ATLAS/VOP FEES 611710 1075608 1075608 12984608 118634 118634 15886 15886 15120 15120 0 0 12085 12085 12085 15320880 12996693 0 134520 X 46525 46525 1260622 823768 360269 76585 2887677 1886986 825259 175432 128627 84053 36760 7814 538843 352113 153994 32736 413253 270045 118102 25106 20859 15590 4215 1054 218617 150299 54654 13664 66913 66913 1849550 1619584 152993 76973 369059 292494 59301 17264 92019 63263 23005 5751 456745 314012 114186 28547 42431 30720 9563 2148 2924 2833 73 18 109828 75507 27457 6864 63137 43407 15784 3946 PEARSON FEE SHARE 8519638 8519638 17087267 14657750 1955615 473902 4518000 658000 1232000 5019000 74000 620000 18000 246000 189000 2052000 1430000 731000 622000 6819000 7108000 909000 824000 5129000 6540000 750000 850000 852000 921000 899000 7809000 9865000 X -2494000 -4840000 1504000 2083000 -990000 -2757000 6819000 7108000 X -1766387 -613 X 0 1 X 1 1 1 X 9283000 10014000 2847000 1898377 2189667 26232044 9283000 10014000 2847000 1898377 2189667 26232044 4672310 21559734 44000 96451 199184 17136 134520 491291 35138 41778 2567 0 0 79483 26802818 77217505 0.80440 0.88410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 66913 66913 17035087 17102000 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 112875 87428 92986 66913 360202 250000 250000 250000 250000 1000000 1500000 PART I-A, LINE 1: NATIONAL BOARD CONDUCTS LOBBYING AT BOTH THE STATE AND FEDERAL LEVELS. NATIONAL BOARD DOES NOT ENGAGE IN POLITICAL OR CAMPAIGN ACTIVITY. 1420000 70000 47000 1443000 1340000 92000 12000 1420000 1347000 -7000 1340000 1347000 1347000 1147000 200000 1347000 1.00000 0 0 1237834 690834 547000 424989 423189 1800 389177 315977 73200 622000 DEFERRED RENT LIABILITY 899000 899000 X 15336000 15120 15120 15320880 0 15320880 17103000 15733 15733 17087267 0 17087267 PART V, LINE 4: TO PROVIDE SCHOLARSHIPS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY NBPTS AND RECOGNIZE A TAX LIABILITY IF NBPTS HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY NBPTS AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABLITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NBPTS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. NBPTS' RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE ON SUBLEASE 15,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE ON SUBLEASE 15,120. ROUNDING TO THOUSANDS 613. 1 SCHOLARSHIPS FOR ASSESSMENTS OF TEACHER CERTIFICATIONS 208 46525 PART I, LINE 2: CANDIDATES THAT MEET THE SCHOLARSHIP QUALIFICATIONS ARE INVITED TO COMPLETE THE APPLICATION VIA EMAIL. THE SCHOLARSHIPS ARE AWARDED ON A FIRST-COME, FIRST-SERVE BASIS UNTIL FUNDING RUNS OUT. THE APPLICATIONS ARE TIMESTAMPED WHEN RECEIVED AND ALL CANDIDATES MUST PAY THE $75 REGISTRATION FEE BEFORE THE SCHOLARSHIP IS AWARDED. ONCE APPLICATIONS ARE RECEIVED, THEY ARE REVIEWED TO DETERMINE IF THE CANDIDATE MAY HAVE RECEIVED A SCHOLARSHIP IN THE PAST, IF THE EMPLOYER SCHOOL MEETS THE SCHOLARSHIP REQUIREMENTS, IF THE COMPONENT REQUESTED IS NOT A RETAKE AND THAT THE $75 REGISTRATION FEE WAS PAID. IF ALL REQUIREMENTS ARE MET, THE APPLICATION IS APPROVED AND THE CANDIDATE IS INFORMED USING THE DEDICATED EMAIL ADDRESS FOR THE NBPTS SCHOLARSHIP PROJECT. CANDIDATES ARE ALSO NOTIFIED IF THEY ARE NOT ELIGIBLE. THE INFORMATION IS THEN FORWARDED TO PEARSON, WHO HANDLES THE FACILITATION OF THE TESTING AND ASSESSMENT FUNCTIONS. PEARSON WILL APPLY THE COMPONENT FUND TO THE CANDIDATE'S ACCOUNT AND SUBMIT AN INVOICE TO NBPTS FOR THE DESIGNATED SCHOLARSHIP, BASED ON THE TM INFORMATION. THE CANDIDATE IS RESPONSIBLE FOR COMPLETING THE PURCHASE OF THE AWARDED COMPONENT AND SUBMITTING THAT COMPONENT PORTFOLIO BY THE SUBMISSION DEADLINE. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 PEGGY BROOKINS PRESIDENT & CEO 308588 0 0 0 43638 0 8342 0 11580 0 372148 0 0 0 JOSEPH F DOCTOR CHIEF OPERATING OFFICER 239319 0 0 0 0 0 7727 0 27855 0 274901 0 0 0 MICHAEL DICONTI FORMER CHIEF FINANCIAL OFFICER 141141 0 0 0 38905 0 5780 0 23008 0 208834 0 0 0 KRISTIN HAMILTON VP STANDARDS 179017 0 500 0 0 0 5681 0 19273 0 204471 0 0 0 ELIZABETH SPRIGGS VP TECHNOLOGY 165661 0 500 0 0 0 5188 0 19254 0 190603 0 0 0 ELLEN SHERRAT VP POLICY & RESEARCH 161554 0 500 0 0 0 5305 0 19296 0 186655 0 0 0 CAROL EZZELLE SR DIRECTOR, PSYCHOMETRICS 162763 0 500 0 0 0 5160 0 11544 0 179967 0 0 0 MICHELLE ACCARDI DIRECTOR OF POLICY PARTNERSHIPS 137244 0 500 0 0 0 4311 0 20420 0 162475 0 0 0 JEFFREY DERRICK DIRECTOR OF FINANCE 150608 0 500 0 0 0 4822 0 2386 0 158316 0 0 0 ALEXANDRA MANE VP DEVELOPMENT 138332 0 500 0 0 0 4486 0 10878 0 154196 0 0 0 PART I, LINE 1A THE CEO'S EMPLOYMENT AGREEMENT EFFECTIVE 11/6/2017 INCLUDES A PROVISION FOR REIMBURSEMENT OF RENT EXPENSES. THE REIMBURSEMENT IS TAXABLE. PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED $500 BONUS PAYMENTS: - MICHAEL HARRIS, VICE PRESIDENT OF FINANCE, PEOPLE AND ADMINISTRATION - KRISTIN HAMILTON, VICE PRESIDENT OF STANDARDS - ELIZABETH SPRIGGS, VICE PRESIDENT OF TECHNOLOGY - CAROL EZZELLE, SENIOR DIRECTOR, PSYCHOMETRICS - ELLEN SHERRAT, VICE PRESIDENT OF POLICY & RESEARCH - JEFFREY DERRICK, DIRECTOR OF FINANCE - ALEXANDRA MANE, VICE PRESIDENT OF DEVELOPMENT - MICHELLE ACCARDI, DIRECTOR OF POLICY PARTNERSHIPS FORM 990, PART III, LINE 4A ASSESSMENT AND DELIVERY: THE NATIONAL BOARD'S WORK IN THIS AREA FOCUSES ON THE DEVELOPMENT AND REVISION OF NATIONAL BOARD STANDARDS, WHICH ARE CREATED BY TEACHERS, FOR TEACHERS; AND THE REDESIGN AND OPERATION OF NATIONAL BOARD CERTIFICATION, THE PROFESSION'S PERFORMANCE ASSESSMENT FOR ACCOMPLISHED TEACHING. NATIONAL BOARD CERTIFICATION IS SIMILAR TO BOARD CERTIFICATION IN OTHER FIELDS, SUCH AS MEDICINE. A RIGOROUS, PERFORMANCE-BASED, PEER-REVIEW PROCESS ENABLES TEACHERS TO DEMONSTRATE THAT THEY MEET THE PROFESSION'S HIGHEST STANDARDS OF ACCOMPLISHED PRACTICE. DURING 2020, THE NATIONAL BOARD CELEBRATED MORE THAN 128,522 NATIONAL BOARD CERTIFIED TEACHERS (NBCTS) ACROSS THE COUNTRY. THESE ACCOMPLISHED EDUCATORS ARE ADVANCING STUDENT LEARNING AND ACHIEVEMENT, REPRESENTING ALL 50 STATES AND 25 CERTIFICATE AREAS, FROM PRE-K THROUGH 12TH GRADE. MORE THAN 2,579 TEACHERS WERE NEWLY AWARDED CERTIFICATES BASED ON THE REDESIGNED PROCESS NEAR THE END OF 2020. IN 2020, THE NATIONAL BOARD CONTINUED WORKING ON A REDESIGN OF THE PROCESS FOR REVIEWING BOARD CERTIFICATION, TRANSITIONING TO A MAINTENANCE OF CERTIFICATION PROCESS TO MAKE THAT PORTION OF THE ASSESSMENT PROCESS MORE FLEXIBLE AND ACCESSIBLE TO TEACHERS. AS A RESULT OF THE COVID-19 PANDEMIC, NBPTS REFUNDED A NET OF $135,000 TO CANDIDATES IN JANUARY THROUGH DECEMBER 2020 AND PROVIDED NET TESTING DEFERRALS OF APPROXIMATELY $2,979,000, SHIFTING RECOGNITION OF THIS INCOME FROM 2021 TO 2022. FORM 990, PART III, LINE 4B POLICY, MOBILIZATION, AND OUTREACH: THE NATIONAL BOARD ENGAGES NATIONAL BOARD CERTIFIED TEACHERS ACROSS THE COUNTRY TO ADVANCE ACCOMPLISHED TEACHING AND TO SUPPORT THEIR LEADERSHIP ROLE IN ELEVATING THE PROFESSION. IN 2020, THE NATIONAL BOARD WORKED WITH MORE THAN 70 AFFILIATED NBCT NETWORKS, COMPRISED OF GROUPS OF NBCTS IN REGIONS AND STATES WORKING TO ADVANCE ACCOMPLISHED TEACHING IN AWARENESS, POLICY, AND PRACTICE. EACH SUMMER, THE NATIONAL BOARD ACADEMY BRINGS THESE ADVOCATES TOGETHER TO SHARE SUCCESSES AND PLAN FOR THE YEAR AHEAD. IN 2020, THE NATIONAL BOARD CONTINUED ITS LAUNCH OF A NATIONWIDE COMMUNICATIONS EFFORT TO BUILD INTEREST FOR THE REDESIGNED BOARD CERTIFICATION ASSESSMENT WITHIN THE TEACHING PROFESSION. THE NATIONAL BOARD IS ACTIVE IN EDUCATION POLICY DISCUSSIONS AT THE FEDERAL, STATE, AND LOCAL LEVELS. THROUGH THESE POLICY EFFORTS, THE NATIONAL BOARD WORKS TO ENGAGE POLICY MAKERS IN BOARDS OF EDUCATION, STATE LEGISLATURES, CONGRESS AND NONPROFIT ASSOCIATIONS WORKING TO PROMOTE EXCELLENCE IN TEACHING AND LEARNING. FORM 990, PART III, LINE 4C EDUCATOR EFFECTIVENESS: THE NATIONAL BOARD UNDERTAKES STRATEGIC PROJECTS TO ADVANCE INNOVATION AND EQUITY TO MORE RAPIDLY BRING ACCOMPLISHED TEACHING TO STUDENTS WHO NEED IT MOST. THESE PROJECTS ARE FUNDED THROUGH A MIX OF FEDERAL AND FOUNDATION SOURCES. THE NATIONAL BOARD DEVELOPED ATLAS (ACCOMPLISHED TEACHING, LEARNING AND SCHOOLS), A MAJOR NEW RESOURCE DESIGNED TO HELP SPREAD ACCOMPLISHED TEACHING THROUGHOUT THE PROFESSION. ATLAS IS A UNIQUE ONLINE LIBRARY OF VIDEOS SHOWING NBCTS AT WORK IN THEIR CLASSROOMS, PAIRED WITH THEIR OWN WRITTEN COMMENTARY ON THEIR INSTRUCTION AND STUDENTS' LEARNING. THE NATIONAL BOARD HAS BUILT AND MAINTAINS PARTNERSHIPS WITH STATES, DISTRICTS, AND TEACHER PREPARATION PROGRAMS TO EMBED ATLAS AS A SUPPORT TO TEACHERS ACROSS THE EDUCATOR CAREER CONTINUUM. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL FIX ITS OWN RULES OF PROCEDURE. THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD OF DIRECTORS, EXCEPT AS LIMITED SPECIFICALLY BY THESE BYLAWS, RESOLUTION OF THE BOARD OR APPLICABLE LAW. THESE POWERS INCLUDE, BY WAY OF EXAMPLE AND NOT LIMITATION: (A) CONDUCTING AND/OR SUPERVISING THE PRESIDENT'S PERFORMANCE EVALUATION, WHICH SHALL BE DONE ON AT LEAST AN ANNUAL BASIS; (B) REVIEWING RECOMMENDATIONS MADE TO THE BOARD FROM COMMITTEES AND COUNCILS PRIOR TO THE FULL BOARD'S DELIBERATION ON THEM TO ENSURE THEIR CONFORMANCE WITH BOARD POLICIES AND PROCEDURES, BUDGET GUIDELINES, AND TO RECOMMEND APPROVAL AND/OR ADDITIONAL ACTIONS AS DEEMED NECESSARY; AND (C) ANY OTHER DUTIES PROPERLY ASSIGNED TO IT BY THE BOARD OF DIRECTORS. THE FOLLOWING POWERS MAY NOT BE EXERCISED BY THE EXECUTIVE COMMITTEE AND ARE RESERVED FOR THE BOARD OF DIRECTORS: (A) SELECTION AND REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION; (B) AMENDMENT OF THE CERTIFICATE OF INCORPORATION OR BYLAWS; (C) CHANGE OF INSTITUTIONAL MISSION AND PURPOSES; (D) APPROVAL OF THE FINAL ANNUAL BUDGET; (E) APPROVAL OF COUNCIL RECOMMENDATIONS; AND (F) RECEIVE AND APPROVE THE ANNUAL AUDIT. THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF ELEVEN (11) DIRECTORS AND WHICH DIRECTORS SHALL MEET THE COMPOSITIONAL REQUIREMENTS SET FORTH BELOW. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE THE CHAIR OF THE BOARD OF DIRECTORS (WHO SHALL CHAIR THE COMMITTEE), THE VICE CHAIR OF THE BOARD OF DIRECTORS, THE CHAIR OF THE FINANCE COMMITTEE, THE PRESIDENT, AND SEVEN (7) ADDITIONAL DIRECTORS (THE "AT LARGE MEMBERS"). FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE NATIONAL BOARD'S ACCOUNTING FIRM, WITH CLOSE COORDINATION OF THE FINANCE & ACCOUNTING DEPARTMENT. THE DRAFT RETURN IS THOROUGHLY REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT & CEO BEFORE ACCEPTANCE FOR ELECTRONIC FILING. AT THE POINT AT WHICH THE RETURN CAN BE FILED, A COPY IS POSTED ON A SECURE WEB SITE FOR MEMBERS OF THE BOARD OF DIRECTORS TO VIEW. COMMENTS MAY BE ADDRESSED TO NBPTS STAFF BY MEMBERS OF THE BOARD OF DIRECTORS. AFTER THE COMMENT PERIOD, THE RETURN IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTOR MEMBERS ANNUALLY RECEIVE A LIST OF SUBSTANTIAL VENDORS AND DISCLOSE ANY DEALINGS WITH OR INTERESTS IN THOSE VENDORS. BOARD MEMBERS ARE EXPECTED TO RECUSE THEMSELVES FROM ANY DELIBERATIONS OR VOTES WHERE A CONFLICT OF INTEREST MAY OCCUR. STAFF, INCLUDING THOSE WHOSE POSITIONS ARE AS CORPORATE OFFICERS, ARE NOT REQUIRED TO MAKE ANNUAL DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD CHAIRS WHO HAVE A FORMAL REVIEW PROCESS AND MAKE RECOMMENDATIONS ON SALARY/BONUS COMPENSATION. ALL OTHER EMPLOYEE COMPENSATION IS REVIEWED AGAINST INDUSTRY STANDARDS AND A FORMAL PERFORMANCE REVIEW PROCESS. THE ORGANIZATION'S FORMAL PERFORMANCE REVIEW PROCESS IS USED TO DETERMINE ADJUSTMENTS TO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INDIVIDUALS SEEKING A COPY OF THE BYLAWS MAY CONTACT NBPTS AND A COPY WILL BE SENT FREE OF CHARGE. THE CONFLICT OF INTEREST POLICY IS AN INTERNAL BOARD DOCUMENT AND IS NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO ENTITIES WHO HAVE VALID PURPOSE FOR OBTAINING SUCH INFORMATION. FORM 990, PART IX, LINE 11G ATLAS DEVELOPMENT AND OTHER: PROGRAM SERVICE EXPENSES 1,619,584. MANAGEMENT AND GENERAL EXPENSES 152,993. FUNDRAISING EXPENSES 76,973. TOTAL EXPENSES 1,849,550. FORM 990, PART XI, LINE 9: ROUNDING -613.