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NANTUCKET PROJECT ACADEMY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
NANTUCKET PROJECT ACADEMY INC (EIN 82-1949598)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-02-11
IRS object ID
202510429349300641
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-02-11T10:48:15-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN431985162PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SMITH SULLIVAN & BROWN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 FLANDERS ROAD SUITE 302AddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821949598EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE NANTUCKET PROJECT ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNANTBusinessNameControlTxt
Phone3129896096PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 568AddressLine1Txt
CityNANTUCKETCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02554ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID RAMIREZPersonNm
Person TitleCFOPersonTitleTxt
Phone3129896096PhoneNum
Signature2025-02-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA M BROWN CPAPreparerPersonNm
PTINP01614103PTIN
Phone5088717178PhoneNum
Preparation2025-02-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerDAVID RAMIREZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 568AddressLine1Txt
CityNANTUCKETCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02554ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,554,666GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TNP-ACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$813,810PYContributionsGrantsAmt
CY Contributions Grants$2,399,666CYContributionsGrantsAmt
PY Program Service Revenue$85,000PYProgramServiceRevenueAmt
CY Program Service Revenue$1,155,000CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$898,810PYTotalRevenueAmt
CY Total Revenue$3,554,666CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$134,909PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$404,652CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$100,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$223,705CYTotalFundraisingExpenseAmt
PY Other Expenses$889,425PYOtherExpensesAmt
CY Other Expenses$2,990,692CYOtherExpensesAmt
PY Total Expenses$1,024,334PYTotalExpensesAmt
CY Total Expenses$3,495,344CYTotalExpensesAmt
PY Revenues Less Expenses-$125,524PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$59,322CYRevenuesLessExpensesAmt
Total Assets BOY$192,551TotalAssetsBOYAmt
Total Assets EOY$533,051TotalAssetsEOYAmt
Total Liabilities BOY$62,309TotalLiabilitiesBOYAmt
Total Liabilities EOY$343,487TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$130,242NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$189,564NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR VISION IS A WORLD IN WHICH CURIOSITY, FRESH THINKING AND THE DIVERSITY OF HUMAN EXPERIENCE ARE EXPLORED AND CELEBRATED, WHERE PEOPLE LIVE WITH EMPATHY AND GENEROSITY TOWARDS THEMSELVES AND OTHERS, AND WHERE COMMUNITIES WORK COLLABORATIVELY TOWARDS HEALTH, PEACE AND PROSPERITY FOR ALL.OUR MISSION IS TO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,046,170ExpenseAmt
Revenue$1,155,000RevenueAmt
DescWE ARE STORYTELLERS WHO USE A UNIQUE APPROACH COMBINING PLURALISM PRACTICES, FILM & LIVE CONVERSATIONS TO SOLVE COMPLEX ISSUES FACING AMERICA. WE ACTION THIS THROUGH OUR ANNUAL EVENT AND THROUGH RELEVANT DOCUMENTARIES/FILMS AND TALKS SHOWN AT THE ANNUAL EVENT, SMALLER SATELLITE GATHERINGS AND VIRTUAL MEETINGS.Desc
Total Program Service Expenses$3,046,170TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3129896096PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 568AddressLine1Txt
CityNANTUCKETCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02554ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KATE BROSNAN
CLERK/EXECUTIVE DIRECTOR/PROFESSIONAL SERVICES40.00Yes (X)Yes (X)$90,865$0$6,254
TOM SCOTT
CHIEF EXECUTIVE OFFICER/DIRECTOR40.00Yes (X)Yes (X)$46,154$0$18,511
GAYLE JENNINGS O'BRYNE
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
MARGARETTA ANDREWS
TREASURER2.00Yes (X)Yes (X)$0$0$0
FRANCESCA SCHULER
DIRECTOR2.00Yes (X)$81,250$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$218,269TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$24,765TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,399,666AllOtherContributionsAmt
Total Contributions$2,399,666TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescNANTUCKET PROJECT CONFDesc
Business900099BusinessCd
Total Revenue Column$1,155,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,155,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,155,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,554,666TotalRevenueColumnAmt
Related Or Exempt Func Income$1,155,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$246,183TotalAmt
Program Services$64,655ProgramServicesAmt
Management And General$65,000ManagementAndGeneralAmt
Fundraising$116,528FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$78,716TotalAmt
Program Services$78,716ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$51,432TotalAmt
Program Services$51,432ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$28,321TotalAmt
Program Services$21,144ProgramServicesAmt
Fundraising$7,177FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,920TotalAmt
Management And General$3,920ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,332TotalAmt
Management And General$36,332ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Fundraising$100,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$494,841TotalAmt
Program Services$454,852ProgramServicesAmt
Management And General$39,989ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$15,488TotalAmt
Management And General$15,488ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,601TotalAmt
Management And General$8,601ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$248,209TotalAmt
Program Services$248,209ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,127,162TotalAmt
Program Services$2,127,162ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$56,139TotalAmt
Management And General$56,139ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,495,344TotalAmt
Program Services$3,046,170ProgramServicesAmt
Management And General$225,469ManagementAndGeneralAmt
Fundraising$223,705FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$42,551BOYAmt
EOY$65,343EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$233,854EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$233,854EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$192,551BOYAmt
EOY$533,051EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$62,309BOYAmt
EOY$109,633EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$233,854EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$62,309BOYAmt
EOY$343,487EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$130,242BOYAmt
EOY$189,564EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$130,242BOYAmt
EOY$189,564EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$192,551BOYAmt
EOY$533,051EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$59,322ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,478,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$895,642CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,265,660CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$813,810CurrentTaxYearMinus1YearAmt
Current Tax Year$2,399,666CurrentTaxYearAmt
Total$6,853,204TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,478,426CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$895,642CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,265,660CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$813,810CurrentTaxYearMinus1YearAmt
Current Tax Year$2,399,666CurrentTaxYearAmt
Total$6,853,204TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,811,383SubstantialContributorsTotAmt
Public Support Total170$3,041,821PublicSupportTotal170Amt
Total Support$6,853,204TotalSupportAmt
Gross Receipts Rltd Activities$673,590GrossReceiptsRltdActivitiesAmt
Public Support CY1700.44390PublicSupportCY170Pct
Public Support PY1700.29650PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDUE FROM RELATED PARTYDesc
Book Value$233,854BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$233,854TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,554,666TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$3,554,666RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,554,666TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,495,344TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,495,344ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,495,344TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE, OR NONEXISTENCE, OF UNRELATED BUSINESS INCOME AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEAR PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising Acty0AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
VICTORIA MONTGOMERY BROWN
113 GREENE ST 3NEW YORKNY10012FUNDRAISING CONSULTANT0$0$76,000$0
ROB GREGORY
6 TOMAC AVEOLD GREEWICHCT06870FUNDRAISING CONSULTANT0$0$24,000$0
FieldValueIRS element (for citing)
Total Retained By Contractors$100,000TotalRetainedByContractorsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NANTUCKET PROJECT LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgTHE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBERRelationshipWithOrgTxt
Loan PurposeOPERATING EXPENSESLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$233,854OriginalPrincipalAmt
Balance Due$233,854BalanceDueAmt
Default0DefaultInd
Board Or Committee Approval0BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$233,854TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
NANTUCKET PROJECT LLC
THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER$93,789REIMBURSEMENT OF EXPENSES TO THE NANTUCKET PROJECT, LLC.0
NANTUCKET PROJECT LLC
THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER$127,644REIMBURSEMENT OF SHARED PAYROLL EXPENSE0
NANTUCKET PROJECT LLC
THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER$300,000REIMBURSEMENT OF SPEAKER FEES0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2IN 2023, BOTH THE CLERK/EXECUTIVE DIRECTOR AND THE CEO/DIRECTOR OF TNP ACADEMY WAS ALSO CO-FOUNDER, BOARD MEMBER, EMPLOYEE AND EQUITY HOLDER OF THE NANTUCKET PROJECT, LLC.
FORM 990, PART VI, SECTION A, LINE 8ATHE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING THE YEAR ENDED DECEMBER 31, 2023.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING 2023.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 WILL BE PROVIDED TO BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION OF THE EXECUTIVE DIRECTOR AND CEO IS DETERMINED AFTER REVIEW AND APPROVAL BY THE BOARD. COMPENSATION IS ASSESSED ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROGRAM CONSUTLANTS AND CONTRACTORS: PROGRAM SERVICE EXPENSES 454,852. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 454,852. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,989. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,989.
PAGE 1, SECTION BREASON FOR AMENDED RETURN: THE TAXPAYER'S AUDITED FINANCIAL STATEMENTS WERE COMPLETED AND REFLECTED VARIANCES FROM THE ORIGINALLY FILED TAX RETURN. 990 PAGE 1, PART I, LINE 12: TOTAL REVENUE INCREASE FROM $3,543,666 TO $3,554,666. AN INCREASE OF $11,000. TOTAL CONTRIBUTIONS CHANGED FROM $3,005,076 TO $3,016,076. 990, PAGE 2, PART III, LINE 4A: TOTAL PROGRAM EXPENSES CHANGED FROM $3,396,948 TO $3,046,170. A DECREASE OF $350,778. LINE 4B CHANGED FROM $1,909,590 TO $1,155,000. A DECREASE OF $754,590. 990 PAGE 9, PART VIII, LINE 1F: TOTAL CONTRIBUTIONS CHANGED FROM $3,005,076 TO $2,399,666. A DECREASE OF $605,410. 990 PAGE 10, PART XI, LINE 25: COLUMN A CHANGED FROM $3,681,474 TO $3,495,344. A DECREASE OF $186,130. COLUMN B CHANGED FROM $3,396,948 TO $3,046,170. A DECREASE OF $350,778. COLUMN C CHANGED FROM $284,526 TO $225,469. A DECREASE OF $59,057. COLUMN D CHANGED FROM $0 TO $223,703. AN INCREASE OF $223,705. 990 PAGE 11, PART X, LINE 16: TOTAL ASSETS CHANGED FROM $85,385 TO $299,854. AN INCREASE OF $214,469. A/R CHANGED FROM $20,042 TO $0. A DECREASE OF $20,042. OTHER ASSETS CHANGED FROM $0 TO $233,854. AN INCREASE OF $233,854. 990 PAGE 11, PART X, LINE 26: TOTAL LIABILITIES CHANGED FROM $92,951 TO $109,633. AN INCREASE OF $16,682. DEFERRED REVENUE CHANGED FROM $11,000 TO $0. AN DECREASE OF $11,000. 990 PAGE 11, PART X, LINE 27: NET ASSETS WITHOUT DONOR RESTRICTIONS CHANGED FROM ($7,566) TO $189,564. AN INCREASE OF $197,130. SCHEDULE A, PART II, LINE 1: CHANGED FROM $1,634,076 TO $2,399,666. AN INCREASE OF $765,590. SCHEDULE D PART XI, LINE 1: CHANGED FROM $2,723,956 TO $3,554,666. AN INCREASE OF $830,710 SCHEDULE D PART XI, LINE 1D: CHANGED FROM ($819,710) TO $0. AN INCREASE OF $819,710. SCHEDULE D PART XII, LINE 1: CHANGED FROM $2,861,764 TO $3,495,344. AN INCREASE OF $633,580. SCHEDULE D PART XII, LINE 4B: CHANGED FROM $819,710 TO $0 DECREASE OF $819,710. SCHEDULE G PAGE 1 WAS NOT PREPARED ON THE ORIGINAL FILING AND HAS BEEND INLUCDED ON THE AMENDED FILING.

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