2017-04-18T15:49:45-05:00 2016-05-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2015-06-01 520743814 FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES INC FOUN 3015948985 10 CENTER DRIVE ROOM 1N241-MSC 1115 BETHESDA MD 208921115 CHRISTINA FARIAS MBA EXECUTIVE DIRECTOR 3015948985 2017-04-18 1 DAVID TRIMNER CPA P00444822 5712279500 2015 2021-01-29 14:40:06Z CHRISTINA FARIAS MBA 10 CENTER DRIVE ROOM 1N241-MSC 1115 BETHESDA MD 208921115 30351216 0 X WWW.FAES.ORG X 1959 MD TO PROMOTE THE PRODUCTIVITY AND ATTRACTIVENESS OF PROFESSIONAL LIFE AT THE NIH. 23 23 154 29 0 0 1135 1290 28482855 28563106 1257398 906457 -63511 -36520 29677877 29434333 324084 192658 0 0 2213626 2723301 0 0 0 24407124 23626669 26944834 26542628 2733043 2891705 30014193 32734609 1026698 2600960 28987495 30133649 X FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC (FAES) IS A NON-PROFIT ORGANIZATION, LOCATED AT THE NATIONAL INSTITUTES OF HEALTH (NIH), WHICH CONDUCTS ADVANCED EDUCATIONAL PROGRAMS AND SUPPORTING ACTIVITIES TO PROMOTE THE PRODUCTIVITY AND ATTRACTIVENESS OF PROFESSIONAL LIFE ON THE NIH CAMPUS. FAES PROGRAMS COMPLEMENT THE WORK OF NIH IN ACCOMPLISHING ITS MISSION OF RESEARCH AND TRAINING IN THE BIOMEDICAL SCIENCES. 0 0 23891829 27148289 HEALTH INSURANCE: ADMINISTRATIVE SERVICES/PLAN SPONSORSHIP FOR A GROUPHEALTH INSURANCE PLAN WHICH IS AVAILABLE TO NATIONAL INSTITUTES OF HEALTH (NIH) TRAINEES WHOM WORK AT OR FOR THE NIH, BUT ARE INELIGIBLE FOR FEDERAL HEALTH INSURANCE. NIH TRAINEES FUNCTION AS STUDENTS, ALSO REFERRED TO AS FELLOWS, AND ARE THE PRIMARY MARKET THAT THE FAES SERVES. THIS PROGRAM PROVIDES HEALTH INSURANCE FOR 3,600 STUDENTS, PROVIDES EXCELLENT BENEFITS, AFFORDABLE ANNUAL MAXIMUM, AND LOW OUT-OF-POCKET EXPENSES AND IS SUPPORTED THROUGH AETNA NETWORK OF THE NATIONAL CAPITAL AREA. 984687 21800 839320 CONFERENCES: FAES SUPPORTS EDUCATIONAL, CULTURAL, AND PROFESSIONALINITIATIVES OF THE NIH AND ACTIVELY SEEKS OUT WAYS TO DO MORE TOFACILITATE A COLLEGIAL ENVIRONMENT. FAES HOSTS 20 EVENTS ANNUALLY - 3CONFERENCES, 5 WORKSHOPS, 5 MEMORIAL LECTURES, AND 7 OTHER EDUCATIONALLECTURES. CONFERENCES OFFERED COVER TOPICS SUCH AS ENDOCRINOLOGY,BIOPHYSICAL SCIENCE, NURSING RESEARCH CONFERENCES, AND GROWING WITH CONTINUING MEDICAL EDUCATION (CME) AND CONTINUING EDUCATION (CE) CREDITS AVAILABLE. 760874 575497 EDUCATION: THE GRADUATE SCHOOL HAS OVER 1,800 ANNUAL ENROLLMENTS IN AREA FILLING GAP BETWEEN TRADITIONAL ACADEMIC PROGRAMS AND WORKING IN A WORLD-CLASS BIOMEDICAL RESEARCH ENVIRONMENT AT THE NATIONAL INSTITUTES OF HEALTH (NIH). FAES OFFERS OVER 150 COURSES IN BIOCHEMISTRY, BIOINFORMATICS, BIOLOGY, CHEMISTRY, GENETICS, IMMUNOLOGY, MATHEMATICS, MEDICINE, MICROBIOLOGY, PHARMACOLOGY, PUBLIC HEALTH, STATISTICS, TECHNOLOGY TRANSFER, TOXICOLOGY, GRE PREP, MCAT REVIEW, ENGLISH AS A SECOND LANGUAGE (ESL), FRENCH, SPANISH, MINDFULNESS, AND MORE. ALL COURSES ARE AFFORDABLE, CONVENIENT AND RELEVANT. THE SCHOOL HAS DONE EXCEEDINGLY WELL DUE TO THE ON-GOING EFFORT TO MAINTAIN RELEVANT COURSEWORK AND IMPLEMENT NEW TECHNOLOGY. FAES EMPLOYS NEW TECHNOLOGY WITH TRADITIONAL COURSE OFFERINGS. SIGNIFICANT EFFORTS WERE UNDERTAKEN TO INCREASE STUDENT FEEDBACK AND ACT ON THE FEEDBACK TO INCREASE RETENTION AND SATISFACTION RESULTING IN ENROLLMENTS INCREASED 17% OVER PRIOR ACADEMIC YEAR. 375580 221568 BOOKSTORE: AFTER A DECADE OF PLANNING, THE FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES (FAES) CUT THE RIBBON IN 2013 ON THE HIGHEST PROFILE UNDERTAKING IN FAES'S 50+ YEAR HISTORY AT NIH: A 20,000-SQUARE-FOOT RENOVATION IN THE HEART OF BUILDING. 10'S FIRST FLOOR THAT ENCOMPASSES THE FAES ACADEMIC CLASSROOMS, A LARGE, SKY LIGHTED TERRACE, NEW ADMINISTRATIVE OFFICES, A FACULTY CLUB/DINING ROOM AND A GRADUATE STUDENT LOUNGE.FAES BOOKSTORE @ NIH, THE MOST PUBLIC FACING ASPECT OF THE NEW FAES ACADEMIC CENTER, HAS BEEN PROVIDING MEDICAL AND SCIENCE TEXTBOOK SERVICES TO NIH FOR OVER 50 YEARS. OUR NEW LOCATION, JUST STEPS AWAY FROM MASUR AUDITORIUM AND THE FAES CLASSROOMS, IS IDEALLY LOCATED TO SUPPORT THE SPECIALIZED BOOK NEEDS OF THE FAES GRADUATE SCHOOL AND THE NIH SCIENTIFIC COMMUNITY.OUR NEW LOCATION IN THE CLINICAL CENTER HAS AFFORDED US THE OPPORTUNITY TO EXPAND OUR PRODUCTS AND SERVICES SIGNIFICANTLY, TO THE BENEFIT OF BUILDING 10 VISITORS AND STAFF, AS WELL AS TO CLINICAL CENTER PATIENTS AND THEIR FAMILIES. FAES HAS PARTNERED WITH CAF 10 TO RUN A SUCCESSFUL COFFEE BAR AND SANDWICH SHOP ADJACENT TO THE BOOKSTORE. WE HAVE ALSO BROUGHT IN A DIVERSE ASSORTMENT OF PRODUCTS, INCLUDING CLOTHING, GIFTS, GREETING CARDS, AND SUPPLIES TO FURTHER FULFILL OUR ORGANIZATION'S MISSION OF PROVIDING VALUABLE SERVICES TO NIH.GIFT STORE: SUCCESSFULLY OPENED SECOND RETAIL LOCATION ON DECEMBER 7, 2015. RECEIVED TREMENDOUS POSITIVE FEEDBACK ON OUR NEW CRC GIFT STORE FROM ALL SEGMENTS OF THE NIH COMMUNITY AND EXPANDED SELECTION OF QUALITY NIH IMPRINTED CLOTHING AND GIFTS. HELPED TO BUILD COMMUNITY WITH SEVERAL HIGH-PROFILE AUTHOR EVENTS, INCLUDING AWARD-WINNING RADIO HOST DIANE REHM AND NOBEL PRIZE WINNING NEUROPSYCHIATRIST, ERIC KANDEL. 391757 170858 PROGRAM SUPPORT TO NIH: FUNDING, FOOD, AND ADMINISTRATIVE SUPPORT FOR A VARIETY OF PROGRAMS, ACTIVITIES AND EVENTS SUCH AS THE OFFICE OF INTRAMURAL TRAINING AND EDUCATION (OITE) COMMUNITY COLLEGE DAY, GRADUATE PARTNERSHIP PROGRAM (GPP) RECRUITING, COMMUNITY BUILDING, AND SYMPOSIA, SUPPORT FOR THE NIH ANNUAL RESEARCH FESTIVAL, THE FOUNDATION FOR THE NATIONAL INSTITUTES OF HEALTH (FNIH), CLASSICAL AND JAZZ MUSIC PERFORMANCES, NIH TAKE YOUR CHILD TO WORK DAY, WEDNESDAY AFTERNOON LECTURES (WALS), AND MORE. 767337 170858 221568 26404727 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 81 0 154 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X NIKKI COOPER 3015948978 10 CENTER DRIVE ROOM 1N241-MSC 1115 BETHESDA MD 208921115 ANGELA GRONENBORN PHD PRESIDENT 5.00 X X 0 0 0 SUSAN LEITMAN MD FIRST VICE PRESIDENT 2.00 X X 0 0 0 JEFFREY KOPP MD SECOND VICE PRESIDENT 1.00 X X 0 0 0 HENRY METZGER MD TREASURER 2.00 X X 0 0 0 CAROL THIELE PHD SECRETARY 1.00 X X 0 0 0 EARL LAURENCE PAST PRESIDENT 1.00 X 0 0 0 ANN ASHBY MBA BOARD MEMBER 1.00 X 0 0 0 SHERRI BALE PHD BOARD MEMBER 1.00 X 0 0 0 MICHAEL A BEAVEN PHD BOARD MEMBER 1.00 X 0 0 0 JESSICA BELL PHD BOARD MEMBER 1.00 X 0 0 0 SHELBY BERGER PHD BOARD MEMBER 1.00 X 0 0 0 KATHLEEN CLOUSE PHD BOARD MEMBER 1.00 X 0 0 0 TOREN FINKEL MD PHD BOARD MEMBER 1.00 X 0 0 0 WILLIAM GALEY PHD BOARD MEMBER 1.00 X 0 0 0 NAOMI LYNN GERBER MD BOARD MEMBER 1.00 X 0 0 0 TED IBEX CPA BOARD MEMBER 1.00 X 0 0 0 DEBORAH HINTON PHD BOARD MEMBER 1.00 X 0 0 0 WARREN LEONARD MD BOARD MEMBER 1.00 X 0 0 0 JESSICA MANN PHD BOARD MEMBER 1.00 X 0 0 0 ED MAX MD PHD BOARD MEMBER 1.00 X 0 0 0 SHARON MILGRAM PHD BOARD MEMBER 1.00 X 0 0 0 CONSTANCE NOGUCHI PHD BOARD MEMBER 1.00 X 0 0 0 PAUL PLOTZ MD BOARD MEMBER 1.00 X 0 0 0 HARVEY POLLARD MD PHD BOARD MEMBER 1.00 X 0 0 0 TRACEY ROUAULT MD BOARD MEMBER 1.00 X 0 0 0 LAWRENCE SAMELSON MD BOARD MEMBER 1.00 X 0 0 0 ALAN SCHECHTER MD BOARD MEMBER 1.00 X 0 0 0 RICHARD SIEGEL MD PHD BOARD MEMBER 1.00 X 0 0 0 JAY SIEGEL MD BOARD MEMBER 1.00 X 0 0 0 EDWARD TABOR MD BOARD MEMBER 1.00 X 0 0 0 WILLIAM THEODORE MD BOARD MEMBER 1.00 X 0 0 0 JAMES TURNER PHD BOARD MEMBER 1.00 X 0 0 0 HEINRICH WESTPHAL MD BOARD MEMBER 1.00 X 0 0 0 RICHARD G WYATT MD BOARD MEMBER 1.00 X 0 0 0 JIA YAN PHD BOARD MEMBER 1.00 X 0 0 0 LEEPO YU PHD BOARD MEMBER 1.00 X 0 0 0 CHRISTINA FARIAS MBA EXECUTNE DIRECTOR 40.00 X 183528 0 35761 MELISSA HALL 010115-061915 CONTROLLER 40.00 X 44705 0 7071 NIKKI COOPER DIR. OF ACCT. & FIN./CONTROLLER 40.00 X 10943 0 1427 AMY HYMES DIRECTOR OF TRAINING & CONFERENCES 40.00 X 142694 0 26473 JIM KUHLMAN DIRECTOR OF BUSINESS SERVICES 40.00 X 128488 0 27641 510358 0 98373 3 0 1 0 ID FIVE 3600 CLIPPER MILL ROAD BALTIMORE MD 21211 WEBSITE SUPPORT AND DESIGN 105503 1 625 665 1290 INSURANCE SUBSCRIPTIONS 900099 27148289 27148289 CONFERENCE REVENUE 900099 839320 839320 TUITION & SCHOOL FEES 900099 575497 575497 28563106 906457 906457 214744 473524 -258780 -258780 -258780 664927 443359 221568 221568 692 692 692 29434333 28784674 0 648369 170858 170858 21800 21800 293271 182111 111160 1958492 1216151 742341 98806 53116 45690 217531 63257 154274 155201 100727 54474 122913 40448 82465 43293 43293 417763 128187 289576 10459 5596 4863 333976 96917 237059 30901 165 30736 9554 9365 189 154795 119364 35431 3908 3908 133577 93334 40243 71639 71639 HEALTH INSURANCE CLAIMS 21951510 21951510 BIOTECH 134471 134471 TRAINING & PROFESSIONAL 40536 21032 19504 OVERHEARD ALLOCATION 0 1937914 -1937914 167374 54496 112878 26542628 26404727 137901 0 1019300 6026747 529547 531403 4219647 2752147 100499 141149 63599 67850 3357075 1598785 1756350 1758290 22288343 21427875 36908 29148 30014193 32734609 686266 2157800 50000 0 76035 76678 50033 49528 164364 316954 1026698 2600960 X 28817645 29963799 169850 169850 28987495 30133649 30014193 32734609 2891705 -1745551 0 X 0 1 X 1 0 X 0 1 X 740654 740654 1571455 943202 628253 1044966 655583 389383 1758290 SECURITY DEPOSITS 4705 DUE TO NATIONAL INSTITUTES OF HEALTH (NIH) 312249 316954 X 28666865 -1745551 61200 -1684351 30351216 -916883 -916883 29434333 27520711 61200 916883 978083 26542628 0 26542628 PART IV, LINE 2B: CUSTODIAL FUNDS ARE MONIES COLLECTED ON BEHALF OF THIRD PARTY ORGANIZATIONS THAT FAES IS HANDLING ON AN AGENCY BASIS FAES HAS NO DECISION MAKING AUTHORITY REGARDING HOW THE FUNDS ARE SPENT. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FAES IS EXEMPT FROM FEDERAL INCOME TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. NO PROVISION FOR UNRELATED BUSINESS INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS FOR THE YEARS ENDED MAY 31, 2016 AND 2015, AS FAES HAS NO MATERIAL NET UNRELATED BUSINESS INCOME AND HAS A NET OPERATING LOSS CARRY-FORWARD TO OFFSET UNRELATED TAXABLE INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -473,524. COST OF GOODS SOLD -443,359. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 473,524. COST OF GOODS SOLD 443,359. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 VARIOUS ADVERTISING MATERIALS OUTLINED THE RACIALLY NON-DISCRIMINATORY POLICY OF FAES. THE COURSE CATALOGUE CONTAINS A NON-DISCRIMINATORY CLAUSE. 0 FOUNDATION FOR NATIONAL INSTITUTE OF HEALTH 9650 ROCKVILLE PIKE SUITE 3411 BETHESDA MD 20814 521986675 501(C)(3) 10000 EVENT SPONSORSHIP HIP NATIONAL INSTITUTE OF HEALTH 9000 ROCKVILLE PIKE BETHESDA MD 20892 N/A 139000 TO BUILD A STUDENT FACULTY ACADEMIC CENTER FOR NIH 1 0 HONORARIA, FELLOWSHIPS AND TRAVEL AWARDS 44 21800 PART I, LINE 2: FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES (FAES) PROVIDES VARIOUS HONORARIA, FELLOWSHIPS AND TRAVEL AWARDS THROUGHOUT THE YEAR. AMOUNTS OF THIS ASSISTANCE RANGE FROM $50 TO $5,000, WITH MOST HONORARIA AWARDS IN THE $1,000 TO $2,000 RANGE. FAES MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNTS OF ASSISTANCE AND THE SELECTION CRITERIA AND ELIGIBILITY REQUIREMENTS AS SET BY THE BOARD OF DIRECTORS. FAES ALSO COMPLIES WITH TAX REPORTING REQUIREMENTS FOR THESE INDIVIDUALS. FURTHER INFORMAITON REGARDING THESE POLICIES CAN BE OBTAINED UPON REQUEST. X X X X 0 0 0 0 0 0 0 0 0 CHRISTINA FARIAS MBA EXECUTNE DIRECTOR 183528 0 0 0 0 0 18692 0 17069 0 219289 0 0 0 AMY HYMES DIRECTOR OF TRAINING & CONFERENCES 132694 0 10000 0 0 0 10615 0 15858 0 169167 0 0 0 JIM KUHLMAN DIRECTOR OF BUSINESS SERVICES 128488 0 0 0 0 0 12877 0 14764 0 156129 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FAES HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990 UPON SUBMISSION OF THE DRAFT. THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE CONTROLLER. COPIES OF THE FEDERAL FORM 990 ARE ALSO PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITIEE WITH BOARD DELEGATED POWERS ARE REQUIRED TO SIGN A STATEMENT ON AN ANNUAL BASIS WHICH AFFIRMS THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READS AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT FAES IS A CHARITABLE ORGANIZATIONS WHO MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISHES ITS TAX-EXEMPT PURPOSE. TO ENSURE THAT FAES OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PUROSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS ARE CONDUCTED. IF THE BOARD OR COMMITIEE MEMBERS DETERMINE THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT INVOLVES THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF FAES OFFICERS AND KEY EMPLOYEES INCLUDES ANANNUAL REVIEW AND APPROVAL BY THE EXECUTIVE COMMITIEE. FAES ALSO USES COMPARABILITY DATA WHICH INCLUDES COMPENSATION SURVEYS, STUDIES, AND THE FORM 990 OF OTHER ORGANIZATIONS. FAES ENSURES THERE IS CONTEMPORANEOUS SUBSTANTION OF THE DELIVERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.