2019-10-29T09:00:56-05:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-01-01 133480246 NAF NAF 2126352400 218 WEST 40TH STREET 5TH FLOOR NEW YORK NY 10018 LISA DUGHI PRESIDENT 2126352400 2019-10-28 1 GARRETT M HIGGINS P00543209 2122862600 2019-10-28 4.15.211.182 2019-10-28 18:23:09 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4F9F0882E2C1046A9DC4DC01D0F262469E3815E0 2018 2019-02-21 02:37:17Z JONDEL HOYE 218 WEST 40TH STREET 5TH FLOOR NEW YORK NY 10018 21740104 0 X WWW.NAF.ORG X 1988 NY NAF SOLVES SOME OF THE BIGGEST CHALLENGES FACING EDUCATION AND THE ECONOMY BY BRINGING EDUCATION, BUSINESS, AND COMMUNITY LEADERS TOGETHER TO TRANSFORM THE HIGH SCHOOL EXPERIENCE. 25 24 79 30 0 39502 20383576 15926054 2578784 2469512 253236 1026008 -131102 -57366 23084494 19364208 536843 335155 0 0 9184608 9497679 185391 82594 1253818 9159946 9811863 19066788 19727291 4017706 -363083 23483503 21065224 3185677 2103207 20297826 18962017 X NAF SOLVES SOME OF THE BIGGEST CHALLENGES FACING EDUCATION AND THE ECONOMY BY BRINGING EDUCATION, BUSINESS, AND COMMUNITY LEADERS TOGETHER TO TRANSFORM THE HIGH SCHOOL EXPERIENCE. 0 0 3496945 103387 592995 THE ACADEMY OF FINANCE CONNECTS HIGH SCHOOL STUDENTS WITH THE WORLD OF FINANCIAL SERVICES AND PERSONAL FINANCE, OFFERING A CURRICULUM THAT COVERS BANKING AND CREDIT, FINANCIAL PLANNING, GLOBAL FINANCE SECURITIES, INSURANCE, ACCOUNTING, AND ECONOMICS. THE ACADEMY OF FINANCE CURRICULUM AND CERTIFICATION IS VALIDATED BY THE COUNCIL FOR ECONOMIC EDUCATION. 2028228 59965 343937 THE ACADEMY OF INFORMATION TECHNOLOGY PREPARES STUDENTS FOR CAREER OPPORTUNITIES IN COMPUTER NETWORKING, SYSTEMS, DATABASE DESIGN, DIGITAL VIDEO PRODUCTION, GRAPHIC DESIGN, AND PROGRAMMING. IN ADDITION, JUNIPER NETWORKS HAS AGREED UPON A PROGRAM OF STUDY, LINKED TO NAF ASSESSMENTS, THAT WILL QUALIFY STUDENTS FOR ITS PROFESSIONAL TRAINING PROGRAM AND EARN A JUNIPER CERTIFICATE. ACADEMIES MAY ALSO USE COMPUTER SCIENCE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW) AND SELECT COURSES FROM CISCO. 1556140 46007 263883 THE ACADEMY OF ENGINEERING ANSWERS AN ACUTE NEED FOR ENGINEERS IN THIS COUNTRY BY EDUCATING HIGH SCHOOL STUDENTS IN THE PRINCIPLES OF ENGINEERING, PROVIDING CONTENT IN THE FIELDS OF ELECTRONICS, BIOTECH, AEROSPACE, CIVIL ENGINEERING, AND ARCHITECTURE. ACADEMIES USE CURRICULUM FROM PROJECT LEAD THE WAY, INC. (PLTW), THE STEM ACADEMY, OR PAXTON/PATTERSON. THEY ALSO BENEFIT FROM SUPPORT PROVIDED BY NATIONAL ACTION COUNCIL FOR MINORITIES IN ENGINEERING (NACME). 1486202 43940 252023 THE ACADEMY OF HEALTH SCIENCES ADDRESSES THE CRITICAL ACHIEVEMENT GAP IN STEM FIELDS AND DEVELOPS A PIPELINE OF STUDENTS PREPARED TO PURSUE HEALTH-RELATED DEGREES AND PROFESSIONS IN ONE OF THE FASTEST GROWING SECTORS OF THE ECONOMY. COURSES INCLUDE CONTENT ON BIOTECHNOLOGY, ANATOMY, PHYSIOLOGY, AND GLOBAL HEALTH. ACADEMIES MAY USE BIOMEDICAL CURRICULUM FROM PROJECT LEAD THE WAY INC. (PLTW) OR THE HEALTH SCIENCES CAREERS CURRICULUM FROM PAXTON-PATTERSON. HOSAFUTURE HEALTH PROFESSIONALS ALSO PROVIDES OPPORTUNITIES FOR STUDENTS TO BUILD COLLEGE AND CAREER-READINESS SKILLS. THE NATIONAL CONSORTIUM FOR HEALTH SCIENCE EDUCATION PROVIDES AN ONLINE MODULE FOR WORK-BASED LEARNING. 6863219 81856 1016674 OTHER ACADEMIES - INCLUDING ACADEMY OF HOSPITALITY AND TOURISM (SPECIALIZING IN HOSPITALITY AND TOURISM). 8349421 125796 1268697 15430734 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 79 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK CA CT CO DC FL GA HI IL KS KY ME MD MA MI MN NH NJ NM NY NC OH OK OR PA SC TN UT VA WA WI WV X X X RON WILSON 2126352400 218 WEST 40TH STREET 5TH FLOOR NEW YORK NY 10018 JONDEL HOYE PRESIDENT 40.00 X X 497886 0 85480 SANFORD I WEILL CHAIRMAN 3.00 X X 0 0 0 KENNEITH I CHENAULT VICE CHAIRMAN 3.00 X X 0 0 0 EUGENE A LUDWIG SECRETARY 3.00 X X 0 0 0 SANJIV YAJNIK TREASURER 3.00 X X 0 0 0 JEFFREY A BRILL DIRECTOR 3.00 X 0 0 0 URSULA M BURNS DIRECTOR 3.00 X 0 0 0 LYNNE DOUGHTIE DIRECTOR 3.00 X 0 0 0 ROBERT C DUGHI DIRECTOR 3.00 X 0 0 0 BARBARA BENIOFF FRIEDMAN DIRECTOR 3.00 X 0 0 0 ALEX GORSKY DIRECTOR 3.00 X 0 0 0 JOHN HINSHAW DIRECTOR 3.00 X 0 0 0 A KIRK LANTERMAN DIRECTOR 3.00 X 0 0 0 HAROLD MCGRAW III DIRECTOR 3.00 X 0 0 0 JENNIFER MORGAN DIRECTOR 3.00 X 0 0 0 THOMAS PENNY III DIRECTOR 3.00 X 0 0 0 JOSEPH J PLUMERI II DIRECTOR 3.00 X 0 0 0 MARC REED DIRECTOR 3.00 X 0 0 0 LARRY RENFRO DIRECTOR 3.00 X 0 0 0 JAMES D ROBINSON III DIRECTOR 3.00 X 0 0 0 SALLI SCHWARTZ DIRECTOR 3.00 X 0 0 0 DAVID SIEGEL DIRECTOR 3.00 X 0 0 0 DAVID STEWARD DIRECTOR 3.00 X 0 0 0 JOSEPH M TUCCI DIRECTOR 3.00 X 0 0 0 RONALD A WILLIAMS DIRECTOR 3.00 X 0 0 0 MARYANNE BLOOMFIELD CHIEF ADVANCEMENT OFFICER 40.00 X 257536 0 63560 LISA DUGHI CHIEF OPERATIONS OFFICER 40.00 X 260627 0 45015 BRENDA BARRY CHIEF PROGRAM OFFICER 40.00 X 218622 0 68998 IRA BERKOWITZ CFO 40.00 X 210251 0 70636 HELEN BLANCH VP, NETWORK DEVELOPMENT 40.00 X 160085 0 44166 KATHERINE BLASIK VP, RESEARCH AND REPORTING 40.00 X 163702 0 27364 WILLIAM TAYLOR VP, OUTREACH & PARTNERSHIP DEVELOPMENT 40.00 X 159996 0 34808 COLLEEN DEVERY VP, STRATEGY 40.00 X 143516 0 52006 PATRICIA BROWN VP, CORPORATE ENGAGEMENT & RELATIONS 40.00 X 143182 0 31084 KEARNEY STANIFORD CHIEF OF STAFF, EXTERNAL AFFAIRS 32.00 X 142648 0 16164 MICHAEL HENSON DIRECTOR, NAFTRACK 40.00 X 133602 0 18940 RONALD WILSON SENIOR DIRECTOR, FINANCE 40.00 X 130470 0 12644 2622123 0 570865 23 0 1 0 GMMB INC 3050 K STREET NW SUITE 100 WASHINGTON DC 20007 STRATEGY AND COMMUNICATIONS CONSULTING 826772 NOCTI 500 NORTH BRONSON AVENUE BIG RAPIDS MI 49307 NAFTRACK RELATED PLATFORM, PROJECT MANAG 628499 HR STRATEGY CONSULTING INC 100 YORK BOULEVARD SUITE 200 RICHMOND HILLS ON L4B 1J8 CA NAFTRACK IT SYSTEM IMPLEMENTATION 568587 TEACHERS COLLEGE COLUMBIA UNIVERSITY 525 WEST 120 STREET MAILBOX 174 NEW YORK NY 10027 RESEARCH CONSULTING 228280 BISCAYNE RESEARCH GROUP INC 1460 OCEAN DRIVE SUITE 306 MIAMI BEACH FL 33139 NAFTRACK DATA ANALYSIS AND FUTURE READY 129437 6 1406826 28981 14490247 1903174 15926054 MEMBERSHIP DUES 541900 1297254 1297254 CONFERENCE REGISTRATION FEES 541900 617139 617139 SCHOOL DISTRICT CONTRACTS 541900 555119 555119 2469512 273534 273534 2976834 2224360 752474 752474 752474 94170 1406826 151536 -57366 -57366 19364208 2469512 0 968642 X 328950 328950 6205 6205 2368732 1544497 473971 350264 5374060 3752706 1171414 449940 486357 339645 102572 44140 765663 551206 156742 57715 502867 345951 106485 50431 97200 97200 82594 82594 3600336 3344890 255446 613119 404348 154677 54094 448986 291755 116464 40767 218358 172827 35743 9788 656462 471930 136719 47813 1217237 1097056 100916 19265 1875775 1873724 1518 533 618544 582986 26345 9213 UBI TAX PAYMENT 11225 6847 3240 1138 STAFF PROFESSIONAL DEVE 239599 158014 60446 21139 DUES AND SUBSCRIPTIONS 110187 72507 27916 9764 REPAIR & MAINTENANCE 71349 51204 14925 5220 33486 33486 19727291 15430734 3042739 1253818 1173006 938768 9656219 6122025 931532 702166 447747 184413 5026357 2953722 2289550 2072635 8792470 10850354 192979 194863 23483503 21065224 1663411 1263194 609203 615349 21085 85785 891978 138879 3185677 2103207 X 4388026 4607505 15379800 13824512 530000 530000 20297826 18962017 23483503 21065224 -363083 -972726 0 X X 0 1 X 1 0 X 8118043 14062760 8788855 20383576 15926054 67279288 8118043 14062760 8788855 20383576 15926054 67279288 18879776 48399512 166306 175082 144082 271182 273534 1030186 28291 3500 7959 18060 57810 68367284 12748507 0.70790 0.80900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CURRICULUM PROJECTS - 2014 AMOUNT: $ 20,000. 2017 AMOUNT: $ 8,510. TALENT DEVELOPMENT - 2014 AMOUNT: $ 6,000. SPEAKING ENGAGEMENTS - 2014 AMOUNT: $ 2,291. OTHER INCOME - 2015 AMOUNT: $ 3,500. 2016 AMOUNT: $ 7,959. 2017 AMOUNT: $ 9,550. 0 1 X 634404 2872 220000 417276 628657 100747 95000 634404 626000 59157 56500 628657 679585 14915 68500 626000 683420 82665 86500 679585 0.00000 1.00000 0.00000 0 0 207497 181909 25588 996415 491720 504695 3822445 2280093 1542352 2072635 DEFERRED RENT 138879 138879 X 18838217 -972726 295199 151536 -525991 19364208 0 19364208 20174026 295199 151536 446735 19727291 0 19727291 PART IV, LINE 2B: NAF HOLDS FUNDS FOR SEVERAL ACADEMIES THAT PARTICIPATE IN ITS EDUCATIONAL PROGRAMS, TO BE USED FOR RELATED ACTIVITIES. PART V, LINE 4: THE ALDO PAPONE ENDOWMENT WAS ESTABLISHED BY THE AMERICAN EXPRESS COMPANY IN 1991 TO PROVIDE FUNDS FOR GRANT AWARDS TO OUTSTANDING U.S. ACADEMY PROGRAM. ON AN ANNUAL BASIS, A MAXIMUM OF 7% OF THE ALDO PAPONE ENDOWMENT'S ASSETS ARE AVAILABLE FOR DISBURSEMENT. THE JESSE BLACKMAN ENDOWMENT WAS ESTABLISHED IN 1994 WITH A CONTRIBUTION FROM THE AMERICAN EXPRESS COMPANY. THE PURPOSE OF THE JESSE BLACKMAN ENDOWMENT IS TO PROVIDE FUNDS FOR A SCHOLARSHIP TO AN OUTSTANDING STUDENT IN THE HOSPITALITY AND TOURISM PROGRAM. PRESENTLY, THE ANNUAL SCHOLARSHIP LIMIT IS $1,500. PART X, LINE 2: NAF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT NAF HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NAF IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENT REPORTED ON FORM 990, PART VIII, LINE 8 151,536. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF SPECIAL EVENT REPORTED ON FORM 990, PART VIII, LINE 8 151,536. X X X X X X 1 DS CONSULTING GROUP 845 THIRD AVENUE 6TH FLOOR NEW YORK NY 10022 SPECIAL FUNDRAISING EVENT 1 1450000 59156 1390844 SOPHIST LLC 205 E 42ND STREET 17TH FLOOR NEW YORK NY 10017 MOBILE FUNDRAISING 0 50996 6000 44996 ELINORE ANTELL 345 SOUTH END AVENUE 5B NEW YORK NY 10280 CONSULTING SERVICES & PREPARATION OF PROPOSALS AND REPORTS 0 0 17438 -17438 1500996 82594 1418402 AL AK AZ AR CA CT CO DC FL GA HI IL IN KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI GALA 1500996 1406826 94170 15625 93971 40940 1000 1500996 1406826 94170 15625 93971 40940 1000 151536 -57366 SCHEDULE G, PART I, LINE 2B, COLUMN (V) DS CONSULTING GROUP, LLC'S AGREED FEE, INCLUSIVE OF ALL PERSONNEL, FOR THE BENEFIT WILL BE $55,000. NAF WILL BE BILLED DIRECTLY BY VENDORS AND SUPPLIERS FOR LETTERSHOP AND POSTAGE COSTS AND BY DSCG FOR IN-HOUSE WORD PROCESSING, POSTAGE AND MAILINGS. ADDITIONALLY, EXPENSES SUCH AS REASONABLE LOCAL TRAVEL, TELEPHONES, FAXES, PHOTOCOPIES AND MESSENGER SERVICES ("OUT OF POCKET EXPENSES") WILL BE BILLED DIRECTLY TO NAF BY DS CONSULTING GROUP, LLC NOT TO EXCEED $5,000. NO ADDITIONAL EXPENSES WILL BE INCURRED WITHOUT THE PRIOR KNOWLEDGE AND WRITTEN APPROVAL OF NAF. ELINORE ANTELL WILL CHARGE $750 PER DAY FOR THESE SERVICES, CALCULATED ON THE BASIS OF A 7.5-HOUR DAY ($100 PER HOUR). WORK LESS THAN ONE DAY WILL BE PRO-RATED ACCORDINGLY. SOPHIST IS ENTITLED TO AN INITIATION FEE OF $6,000 FOR THE SERVICE PROVIDED TO NAF. 1 JENNINGS SCHOOL DISTRICT 2559 DORWOOD DRIVE JENNINGS MO 63136 436001840 SCHOOL DIST./GVT. 58500 AWARDS DALLAS INDEPENDENT SCHOOL DISTRICT 3700 ROSS AVENUE DALLAS TX 752045491 756001278 SCHOOL DIST./GVT. 47950 AWARDS CHARLOTTE-MECKLENBURG BOARD OF EDUCATION PO BOX 30035 CHARLOTTE NC 28230 566001074 SCHOOL DIST./GVT. 45000 AWARDS COLLIER COUNTY PUBLIC SCHOOLS 5775 OSCEOLA TRAIL NAPLES FL 34109 596000557 SCHOOL DIST./GVT. 36000 AWARDS MAGNET EDUCATIONAL CHOICE ASSC 1450 NE SECOND AVE SUITE 352 MIAMI FL 33132 650290712 501(C)(3) 26000 AWARDS GLOBAL INTITIATIVES PO BOX 115 LANDENBERG PA 19350 161501127 501(C)(3) 25000 AWARDS THURGOOD MARSHALL COLLEGE FUND 901 F STREET NW SUITE 300 WASHINGTON DC 20004 411750692 501(C)(3) 22500 AWARDS VI DEPARMENT OF EDUCATION 1834 KONGENS GADE ST THOMAS VI 00802 660431678 SCHOOL DIST./GVT. 13500 AWARDS LEE COUNTY SCHOOLS 106 GORDON STREET-PO BOX 1010 SANFORD NC 27330 566001062 SCHOOL DIST./GVT. 12500 AWARDS & STIPEND SCHOOL BOARD OF BROWARD COUNTY FLORIDA 600 SE 3RD AVENUE TREASURERS OFFICE 2ND FLOOR FORT LAUDERDALE FL 33301 596000530 SCHOOL DIST./GVT. 10000 AWARDS ENLOE MBSA-HOSA BOOSTER CLUB 128 CLARENDON CRES RALEIGH NC 276102408 810701147 SCHOOL DIST./GVT. 7500 AWARDS 11 0 TRAVEL STIPEND 6 6205 PART I, LINE 2: NAF DISBURSES SEVERAL SCHOLARSHIPS TO STUDENTS AND PROGRAM ALUMNI. IN ADDITION, PROGRAM GRANTS ARE DISBURSED TO THE ACADEMIES THEMSELVES TO ASSIST WITH PROGRAM EXPENDITURES. SCHOLARSHIPS ARE AWARDED THROUGH A COMPETITIVE APPLICATION PROCESS. DIFFERENT SCHOLARSHIP PROGRAMS HAVE VARYING CRITERIA, BUT IN GENERAL THE FOLLOWING APPLY: STUDENTS MUST BE ENROLLED IN OR ALUMNI OF AN ACADEMY. PROGRAM GRANTS ARE AWARDED BASED ON A COMPETITIVE PROCESS OR ACCORDING TO DONOR SPECIFICATIONS. X X X X 0 0 0 0 0 0 0 1 0 JONDEL HOYE PRESIDENT 496698 0 0 0 1188 0 57000 0 28480 0 583366 0 0 0 MARYANNE BLOOMFIELD CHIEF ADVANCEMENT OFFICER 252504 0 4000 0 1032 0 26220 0 37340 0 321096 0 0 0 LISA DUGHI CHIEF OPERATIONS OFFICER 260465 0 0 0 162 0 31762 0 13253 0 305642 0 0 0 BRENDA BARRY CHIEF PROGRAM OFFICER 214215 0 4000 0 407 0 32618 0 36380 0 287620 0 0 0 IRA BERKOWITZ CFO 206878 0 2500 0 873 0 32671 0 37965 0 280887 0 0 0 HELEN BLANCH VP, NETWORK DEVELOPMENT 157002 0 2500 0 583 0 20070 0 24096 0 204251 0 0 0 KATHERINE BLASIK VP, RESEARCH AND REPORTING 159480 0 2500 0 1722 0 23442 0 3922 0 191066 0 0 0 WILLIAM TAYLOR VP, OUTREACH & PARTNERSHIP DEVELOPME 157293 0 2500 0 203 0 19871 0 14937 0 194804 0 0 0 COLLEEN DEVERY VP, STRATEGY 139397 0 4000 0 119 0 16744 0 35262 0 195522 0 0 0 PATRICIA BROWN VP, CORPORATE ENGAGEMENT & RELATIONS 140197 0 2500 0 485 0 18742 0 12342 0 174266 0 0 0 KEARNEY STANIFORD CHIEF OF STAFF, EXTERNAL AFFAIRS 142648 0 0 0 0 0 16009 0 155 0 158812 0 0 0 MICHAEL HENSON DIRECTOR, NAFTRACK 129883 0 2500 0 1219 0 18246 0 694 0 152542 0 0 0 PART I, LINE 7 BONUSES WERE PAID BASED ON THE PERFORMANCE OF THE INDIVIDUALS AND WITHIN THE APPROVED BUDGET. BONUSES WERE TAXABLE AND REPORTED ON THE INDIVIDUALS' 2018 FORM W-2S, AND INCLUDED ON SCHEDULE J, PART II IN COLUMN B (II). X 1 1901290 AVG. SELLING PRICE X EQUIPMENT 1 1884 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION A, LINE 2 THE BOARD MEMBER ROBERT DUGHI AND THE OFFICER LISA DUGHI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH NAF STAFF MEMBERS. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN REVIEWED BY THE ORGANIZATION'S FINANCE DEPARTMENT, AS WELL AS THE FINANCE AND AUDIT COMMITTEES OF THE BOARD OF DIRECTORS. THE FINAL VERSION OF THE ORGANIZATION'S FORM 990 IS THEN PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS BEFORE SUBMISSION OF THE RETURN TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C NAF HAS A CODE OF ETHICS/CONFLICT OF INTEREST POLICY REQUIRING ALL DIRECTORS, OFFICERS AND KEY PERSONS TO COMPLETE A CONFLICT OF INTEREST POLICY LETTER ANNUALLY. THE LETTERS ARE REVIEWED BY THE AUDIT COMMITTEE. IN THE EVENT OF A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS DETERMINES THE APPROPRIATE ACTIONS REQUIRED, INCLUDING PREVENTING THE INDIVIDUAL FROM PARTICIPATING IN DISCUSSION AND DECISIONS REGARDING THE MATTER. MINUTES OF THE MEETINGS OF THE AUDIT COMMITTEE WILL RECORD THE NAMES OF THE INTERESTED PERSON, NATURE OF THE CONFLICT OF INTERESTS, AND THE FINAL DECISIONS MADE REGARDING THE CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 NAF HIRED AN INDEPENDENT COMPENSATION CONSULTANT TO PRODUCE A SALARY SURVEY IN 2018. NAF HAS SET COMPENSATION FOR SENIOR MANAGEMENT WITHIN THE RANGE OF THE GOING MARKET RATE FOR FUNCTIONALLY COMPARABLE POSITIONS HELD BY INDIVIDUALS WITH SIMILAR EXPERIENCE LEVELS AT SIMILARLY SITUATED ORGANIZATIONS. DOCUMENTATION IS MAINTAINED IN NAFS RECORDS. A COMPENSATION COMMITTEE AND THE ENTIRE BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION FOR THE CEO, AS WELL AS ALL OTHER TOP MANAGEMENT AND KEY EMPLOYEES. THIS PROCESS WAS LAST UNDERTAKEN IN 2018. FORM 990, PART VI, SECTION C, LINE 19 NAF MAKES ITS FORM 990 AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE; THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, GUIDESTAR.ORG, AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, FORM 1023, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AT 218 WEST 40TH STREET, 5TH FLOOR, NEW YORK, NY 10018. FORM 990, PART IX, LINE 11G MARKETING/COMMUNICATIONS CONSULTING FEES: PROGRAM SERVICE EXPENSES 86,819. MANAGEMENT AND GENERAL EXPENSES 6,755. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,574. RESEARCH CONSULTING FEES: PROGRAM SERVICE EXPENSES 611,310. MANAGEMENT AND GENERAL EXPENSES 47,562. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 658,872. ACADEMY TECHNICAL ASSISTANCE CONSULTING: PROGRAM SERVICE EXPENSES 191,361. MANAGEMENT AND GENERAL EXPENSES 14,889. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 206,250. NAFTRACK FEES: PROGRAM SERVICE EXPENSES 1,255,873. MANAGEMENT AND GENERAL EXPENSES 97,712. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,353,585. STAFFING: PROGRAM SERVICE EXPENSES 165,471. MANAGEMENT AND GENERAL EXPENSES 12,874. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 178,345. PROGRAM SERVICE CONSULTING FEES: PROGRAM SERVICE EXPENSES 377,170. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 377,170. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 501,782. MANAGEMENT AND GENERAL EXPENSES 39,041. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 540,823. OTHER CONSULTING FEES: PROGRAM SERVICE EXPENSES 58,716. MANAGEMENT AND GENERAL EXPENSES 29,114. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,830. PROFESSIONAL SERVICE FEE: PROGRAM SERVICE EXPENSES 96,388. MANAGEMENT AND GENERAL EXPENSES 7,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,887. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.