NATIONAL ASSOCIATION OF SCHOLARS INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
NATIONAL ASSOCIATION OF SCHOLARS INC (EIN 11-2741490)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-10-13
IRS object ID
202012879349300426
Schema version
2019v5.1
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)
Return2020-10-13T10:16:20-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521626705PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ROSENBLOOM & BUTLER CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11455 RESEARCH BLVD SUITE 510AddressLine1Txt
CityROCKVILLECityNm
State AbbreviationMDStateAbbreviationCd
ZIP20850ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN112741490EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL ASSOCIATION OF SCHOLARS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone9175516770PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 MADISON AVE 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS KLINGENSTEINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9175516770PhoneNum
Signature2020-09-18SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID BUTLER CPAPreparerPersonNm
PTINP00175208PTIN
Phone3017627755PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address71.114.64.70IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-09-18IPDt
IP Tm14:09:51IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id44BA67FFD11C1262E18A3E350FB604085CD65D6DAtSubmissionCreationDeviceId
At Submission Filing Device Id44BA67FFD11C1262E18A3E350FB604085CD65D6DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPETER WOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 MADISON AVE 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,057,536GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NAS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1987FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPROMOTION AND PRESERVATION OF HIGH ACADEMIC STANDARDS IN TEACHING AND SCHOLARSHIP.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,432,187PYContributionsGrantsAmt
CY Contributions Grants$1,964,190CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$47,461PYInvestmentIncomeAmt
CY Investment Income$206,228CYInvestmentIncomeAmt
PY Other Revenue$13,021PYOtherRevenueAmt
CY Other Revenue$14,462CYOtherRevenueAmt
PY Total Revenue$1,492,669PYTotalRevenueAmt
CY Total Revenue$2,184,880CYTotalRevenueAmt
PY Grants And Similar Paid$17,900PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$50,375CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$799,913PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$801,301CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$126,271PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$92,162CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$92,162CYTotalFundraisingExpenseAmt
PY Other Expenses$545,799PYOtherExpensesAmt
CY Other Expenses$579,312CYOtherExpensesAmt
PY Total Expenses$1,489,883PYTotalExpensesAmt
CY Total Expenses$1,523,150CYTotalExpensesAmt
PY Revenues Less Expenses$2,786PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$661,730CYRevenuesLessExpensesAmt
Total Assets BOY$1,332,634TotalAssetsBOYAmt
Total Assets EOY$2,276,779TotalAssetsEOYAmt
Total Liabilities BOY$57,882TotalLiabilitiesBOYAmt
Total Liabilities EOY$66,631TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,274,752NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,210,148NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,248,291ExpenseAmt
Grant$50,375GrantAmt
DescJOURNALS & 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

FieldValueIRS element (for citing)
Expense$54,400ExpenseAmt
DescADVOCACY, 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
FieldValueIRS element (for citing)
Total Program Service Expenses$1,302,691TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
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 IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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 Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee17EmployeeCnt
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
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ORGANIZATION'S MANAGEMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9175516770PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1420 MADISON AVE 7TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DANIEL ASIA
MEMBER0.00Yes (X)$0$0$0
STEVE BALCH
MEMBER0.00Yes (X)$0$0$0
JAY BERGMAN
MEMBER0.00Yes (X)$0$0$0
PETER BERKOWITZ
MEMBER0.00Yes (X)$0$0$0
WARD CONNERLY
MEMBER0.00Yes (X)$0$0$0
GEORGE W DENT JR
MEMBER0.00Yes (X)$0$0$0
DAVID GORDON
MEMBER0.00Yes (X)$0$0$0
GAIL L HERIOT
MEMBER0.00Yes (X)$0$0$0
THOMAS KLINGENSTEIN
MEMBER & TREASURER0.00Yes (X)$0$0$0
WIGHT MARTINDALE
MEMBER0.00Yes (X)$0$0$0
NELSON ONG
BOARD MEMBER & SECRETARY0.00Yes (X)$0$0$0
RICHARD VEDDER
MEMBER0.00Yes (X)$0$0$0
BRADLEY CS WATSON
MEMBER0.00Yes (X)$0$0$0
AMY WAX
MEMBER0.00Yes (X)$0$0$0
ALBERT KEITH WHITAKER
MEMBER & CHAIRMAN0.00Yes (X)$0$0$0
PETER WOOD
PRESIDENT40.00$177,260$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$177,260TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$181,901MembershipDuesAmt
All Other Contributions$1,782,289AllOtherContributionsAmt
Total Contributions$1,964,190TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,342TotalRevenueColumnAmt
Exclusion$6,342ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,072,542SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$872,656SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$199,886SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$199,886TotalRevenueColumnAmt
Related Or Exempt Func Income$199,886RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611710BusinessCd
Total Revenue Column$14,462TotalRevenueColumnAmt
Related Or Exempt Func Income$14,462RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,462OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,184,880TotalRevenueColumnAmt
Related Or Exempt Func Income$214,348RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$6,342ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$50,375TotalAmt
Program Services$50,375ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$273,721TotalAmt
Program Services$238,466ProgramServicesAmt
Management And General$35,255ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$387,247TotalAmt
Program Services$337,369ProgramServicesAmt
Management And General$49,878ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$29,416TotalAmt
Program Services$25,789ProgramServicesAmt
Management And General$3,627ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$64,161TotalAmt
Program Services$56,250ProgramServicesAmt
Management And General$7,911ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$46,756TotalAmt
Program Services$40,991ProgramServicesAmt
Management And General$5,765ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,342TotalAmt
Program Services$14,674ProgramServicesAmt
Management And General$3,668ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$92,162TotalAmt
Fundraising$92,162FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$68,979TotalAmt
Program Services$62,081ProgramServicesAmt
Management And General$6,898ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$86,071TotalAmt
Program Services$75,895ProgramServicesAmt
Management And General$10,176ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$9,496TotalAmt
Program Services$9,021ProgramServicesAmt
Management And General$475ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$119,511TotalAmt
Program Services$116,714ProgramServicesAmt
Management And General$2,797ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$46,517TotalAmt
Program Services$45,379ProgramServicesAmt
Management And General$1,138ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,190TotalAmt
Program Services$13,481ProgramServicesAmt
Management And General$709ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PUBLICATIONS$159,944$159,944
CONFERENCE$56,262$56,262

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,523,150TotalAmt
Program Services$1,302,691ProgramServicesAmt
Management And General$128,297ManagementAndGeneralAmt
Fundraising$92,162FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$410,102BOYAmt
EOY$764,590EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,785BOYAmt
EOY$19,393EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$157,846LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$157,846LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$891,918BOYAmt
EOY$1,457,733EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,829BOYAmt
EOY$35,063EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,332,634BOYAmt
EOY$2,276,779EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$32,822BOYAmt
EOY$62,499EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,060BOYAmt
EOY$4,132EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$57,882BOYAmt
EOY$66,631EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,136,937BOYAmt
EOY$1,666,933EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$137,815BOYAmt
EOY$543,215EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,274,752BOYAmt
EOY$2,210,148EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,332,634BOYAmt
EOY$2,276,779EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$661,730ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$273,666NetUnrlzdGainsLossesInvstAmt
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$1,249,325CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,128,304CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,197,090CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,432,187CurrentTaxYearMinus1YearAmt
Current Tax Year$1,964,190CurrentTaxYearAmt
Total$6,971,096TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,249,325CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,128,304CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,197,090CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,432,187CurrentTaxYearMinus1YearAmt
Current Tax Year$1,964,190CurrentTaxYearAmt
Total$6,971,096TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$6,971,096PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,195CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,258CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$47,461CurrentTaxYearMinus1YearAmt
Current Tax Year$6,342CurrentTaxYearAmt
Total$164,734TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,723CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,183CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,064CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,021CurrentTaxYearMinus1YearAmt
Current Tax Year$14,462CurrentTaxYearAmt
Total$73,453TotalAmt
FieldValueIRS element (for citing)
Total Support$7,209,283TotalSupportAmt
Public Support CY1700.96700PublicSupportCY170Pct
Public Support PY1700.95740PublicSupportPY170Pct
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 C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or ManagementYes (1)PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$6,546DirectContactLegislatorsAmt
Rallies DemonstrationsYes (1)RalliesDemonstrationsInd
Rallies Demonstrations$6,546RalliesDemonstrationsAmt
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$13,092TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$157,846OtherCostOrOtherBasisAmt
Depreciation$157,846DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescEXCHANGE TRADED FUNDSDesc
Book Value$1,457,733BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,457,733TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$2,458,546TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$273,666NetUnrealizedGainsInvstAmt
Revenue Not Reported$273,666RevenueNotReportedAmt
Revenue Subtotal$2,184,880RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,184,880TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,523,150TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,523,150ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,523,150TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH D, PART X, LINE 2FormAndLineReferenceDesc
ExplanationACCOUNTING 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 DECEMBER 31, 2019, 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 2016. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1MALLADY DIRECT MARKETINGBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line128528 AVENUE STANFORDAddressLine1Txt
CityVALENCIACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91355ZIPCd
FieldValueIRS element (for citing)
ActivityDIRECT MAILINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$400,000GrossReceiptsAmt
Retained By Contractor$83,147RetainedByContractorAmt
Net To Organization$316,853NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$400,000TotalGrossReceiptsAmt
Total Retained By Contractors$83,147TotalRetainedByContractorsAmt
Total Net To Organization$316,853TotalNetToOrganizationAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeHONORARIAGrantTypeTxt
Recipient35RecipientCnt
Cash Grant$20,375CashGrantAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonPETER WOODPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$177,260BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$177,260TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 15EACH 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 18EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.