2014-02-04T16:38:56-06:00 2013-08-31 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2012-09-01 237281887 NATIONAL EDUCATION FOR ASSISTANCE DOG SERVICES INC NATI 9784229064 305 REDEMPTION ROCK TRAIL SOUTH PRINCETON MA 01541 GERRY DEROCHE 9784229064 2014-01-24 1 BARBARA E KING P00005629 5087557107 2014-01-21 2012 2015-11-30 17:44:51Z GERRY DEROCHE 305 REDEMPTION ROCK TRAIL SOUTH PRINCETON MA 01541 2731398 0 X WWW.NEADS.ORG X 1972 MA NEADS TRAINS RESCUED DOGS AND PURCHASED PUPPIES TO ASSIST PEOPLE WHO ARE DEAF OR DISABLED IN LIVING MORE INDEPENDENT LIVES AT HOME, IN SCHOOL AND AT WORK. 14 14 35 225 0 0 1984741 1699660 230689 318119 161467 61829 70678 84562 2447575 2164170 0 0 0 0 1435538 1446630 0 0 156387 1060197 800734 2495735 2247364 -48160 -83194 4928019 4969869 360928 393446 4567091 4576423 X NEADS' ASSISTANCE DOGS PROVIDE LIFE-CHANGING INDEPENDENCE, COMPANIONSHIP, AND CONNECTION TO PEOPLE WITH A DISABILITY.WITH A DEDICATED STAFF AND ENTHUSIASTIC VOLUNTEERS, NEADS CAREFULLY MATCHES CLIENTS WITH THE RIGHT DOG AND PROVIDES ONGOING SUPPORT DURING THEIR ENTIRE RELATIONSHIP. NEADS HAS LED THE INDUSTRY SINCE ITS INCEPTION, MATCHING OVER 1,400 EXPERTLY TRAINED ASSISTANCE DOGS WITH PEOPLE WHO NEED THEM. 0 0 1358285 314936 DOG TRAINING - NEADS DOGS ARE TRAINED TO PERFORM AND BEHAVE OBEDIENTLY THROUGH THE USE OF POSITIVE REINFORCEMENT AND CLEAR LEADERSHIP. NEADS DOGS ARE TAUGHT A LIST OF CORE COMMANDS AND THEY FOLLOW A BASIC TRAINING SCHEDULE THROUGHT PUPPYHOOD. 90 -95% OF NEADS PUPPIES ARE TRAINED IN 10 CORRECTIONAL FACILITIES THROUGHT NEW ENGLAND. UNDER THE GUIDANCE OF NEADS STAFF, PRISON INMATES ARE ABLE TO PROVIDE CONSISTENT TRAINING AT A HIGH LEVEL. TO ENSURE THAT THE PUPPIES HAVE A FULL RANGE OF EXPERIENCES,PUPPIES SPEND THEIR WEEKENDS AT A VOLUNTEER'S HOME AND FOLLOW A CURRICULUM THAT INCLUDES CAR RIDES,TRAFFIC, BUS STATIONS, MOVIE THEATERS, RESTAURANTS, GROCERY STORES, AND ALL THE TYPICAL EXPERIENCES OF LIFE. ONCE A DOG IS NEARING OCMPLETION OF THE PROGRAM AND IS MATCHED WITH A SPECIFIC CLIENT, THE DOG'S TRAINING IS TAILORED TO THE CLIENT'S UNIQUE NEEDS. MOST IMPORTANTLY,WE RAISE AND TRAIN THE PERFECT WORKING PARTNER FOR EACH OF OUR CLIENTS. NEADS TRAINS THE WIDEST RANGE OF ASSISTANCE DOGS IN THE UNITED STATES. HEARING DOGS ALERT HUMAN PARTNERS TO THE SOURCE OF A SOUND; SERVICE DOGS FOR ADULTS AND CHILDREN PERFORM EVERYDAY TASKS LIKE PICKING UP DROPPED ITEMS, OPENING DOORS, AND MORE; SOCIAL DOGS HELP A CHILD ON THE AUTISM SPECTRUM FEEL CALMER AND MORE CONFIDENT; SERVICE DOGS FOR THE CLASSROOM, THERAPY AND MINISTRY ENGAGE AND INSPIRE A PRACTITIONER'S COMMUNITY. OUR CANINES FOR COMBAT VETERANS PROGRAM IS DESIGNED TO HELP THE GROWING POPULATION OF WOUNDED VETERANS. 576850 CLIENT TRAINING - NEADS CLIENTS LIVE ON OUR CAMPUS FOR 1 -2 WEEK LEARNING HOW TO WORK WITH THEIR NEW ASSISTANCE DOG. APPROXIMATELY 55 CLIENTS GRADUATE THROUGH OUR PROGRAM EACH YEAR. CLASSES INCLUDE ACTIVE HANDS-ON EXERCISES WITH THE DOG, TRIPS INTO TOWN RESTAURANTS AND MALLS, AND SIT-DOWN CLASSES IN SUBJECTS SUCH AS HEALTH RECORDS, FIRST AID, GROOMING AND PUBLIC ACCESS. MOST CLASSES ARE TAUGHT BY THE INSTRUCTOR WHO HAS OVERSEEN THE DOG'S TRAINING AND WHO MATCHED THE DOG WITH THE CLIENT. EACH CLIENT MUST SUCCESSFULLY COMPLETE THE TRAINING SCHEDULE AND ALSO RECEIVE A PASSING SCORE ON THE ASSISTANCE DOGS INTERNATOINAL PUBLIC ACCESS TEST TO GRADUATE AND LEAVE CAMPUS WITH THE ASSISTANCE DOG. CLIENTS ARE SUPPORTED IN A VARIETY OF WAYS BY NEADS FOR THE SERVICE LIFE OF THEIR DOGS. 1935135 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA CA CT FL GA IL IA ME MD MI MN MO MT NH NJ NY NC OH OR PA RI TX UT VA WA DC WI X X THE ORGANIZATION 9784229064 305 REDEMPTION ROCK TRAIL SOUTH PRINCETON MA 01541 IRA C KAPLAN DVM 2.00 X 0 0 0 CYNTHIA CROSSON 2.00 X 0 0 0 WINTHROP HANDY 2.00 X 0 0 0 LOWRY HEUSSLER 2.00 X 0 0 0 ANITA M MIGDAY DVM 2.00 X 0 0 0 GARY HOUGH 2.00 X X 0 0 0 BEVERLY STEWART 2.00 X X 0 0 0 MEGHAN MACEIKO 2.00 X X 0 0 0 ARTHUR TWISS 2.00 X X 0 0 0 JAMES CIOCIOLO 2.00 X 0 0 0 KAREN IRVING 2.00 X 0 0 0 KEVIN LAMBERT 2.00 X 0 0 0 ABBEY HENDERSON 2.00 X 0 0 0 LAURA MCTAGGART 2.00 X 0 0 0 GERRY DEROCHE 40.00 X 105390 0 0 105390 0 0 1 0 0 0 0 1699660 47247 1699660 TRAINING FEES 900099 318119 318119 318119 105137 105137 5010 0 5010 5010 5010 492648 535956 -43308 -43308 -43308 74456 16058 58398 58398 33180 15214 17966 17966 MISC INCOME 900099 3188 3188 3188 2164170 344283 0 120227 1208644 1027347 84605 96692 5224 4440 366 418 95375 81070 6676 7629 137387 116779 9617 10991 19802 19802 151269 99459 32523 19287 52070 33325 3124 15621 72354 77252 -7836 2938 81620 79098 1261 1261 21983 21763 220 2628 2628 17443 17443 87296 82931 4365 33663 33663 PURCHASES 106975 106975 SUPPLIES 73881 73881 MOTOR VEHICLES EXPENSE 31236 31236 VETERINARY FEES 28947 28947 19567 16898 1119 1550 2247364 1935135 155842 156387 2344 37891 58081 55308 101000 178496 22995 22995 80975 0 4545 16967 3354768 1436994 1903540 1917774 2754539 2740438 4928019 4969869 64978 119621 295950 273825 360928 393446 X 1835698 1753773 1155852 1247109 1575541 1575541 4567091 4576423 4928019 4969869 -83194 92526 0 X 0 1 X 1 0 X 1462166 1548130 1699746 1984741 1821314 8516097 418532 378044 417179 257421 348116 1819292 1880698 1926174 2116925 2242162 2169430 10335389 235000 158816 166000 173000 83000 815816 0 235000 158816 166000 173000 83000 815816 9519573 81951 53834 71879 110320 105135 423119 81951 53834 71879 110320 105135 423119 1962649 1980008 2188804 2352482 2274565 10758508 0.88480 0.96650 0.03930 0.03350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2159165 124811 295000 1988976 2298051 66114 205000 2159165 2214545 243506 160000 2298051 2097387 117158 2214545 2501941 8203 -412757 2097387 0.20790 0.79210 0 0 172890 172890 2356612 917714 1438898 628333 519280 109053 196933 196933 1917774 2381627 92526 113461 31272 237259 2144368 19802 19802 2164170 2372295 113461 31272 144733 2227562 19802 19802 2247364 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: NEADS' ENDOWMENT CONSISTS OF DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. THE BOARD OF DIRECTORS HAS INTERPRETED STATE LAW AS ALLOWING THE UTILIZATION OF APPRECIATION ON PERMANENTLY RESTRICTED ASSETS UNLESS EXPLICIT DONOR STIPULATIONS SPECIFY HOW NET APPRECIATION MUST BE USED. AS A RESULT OF THIS INTERPRETATION, NEADS CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY NEADS IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, NEADS MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE OGRANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ORGANIZATION; AND THE INVESTMENT POLICIES OF THE ORGANIZATION. NEADS HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, NEADS' INVESTMENT COMMITTEE SHALL SEEK TO INVEST THE ENDOWMENT FUNDS IN SUCH A MANNER THAT THE INVESTMENTS WILL PROVIDE A SPENDABLE RETURN CONSISTENT WITH A LONG-TERM GOAL OF PRESERVING THE FUNDS IN REAL TERMS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, NEADS RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDEND). NEADS HAS INVESTED IN MUTUAL FUNDS THAT TARGET A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTEIVES WITHIN PRUDENT RISK CONSTRAINTS. NEADS HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH QUARTER ACTUAL INCOME PLUS REALIZED AND UNREALIZED GAINS. IN ESTABLISHING THIS POLICY, NEADS CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THIS IS CONSISTENT WITH NEADS OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR IMPOSED RESTRICTIONS REQUIRE NEADS TO RETAIN AS A FUND OF PERPETUAL DURATION. IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, DEFICIENCIES OF THIS NATURE ARE REPORTED IN UNRESTRICTED NET ASSETS. SUCH DEFIEIENCIES AMOUNTED TO $281,901 AS OF AUGUST 31, 2013. IN ACCORDANCE WITH THE BOARD'S INTERPRETATION OF RELEVANT STATE LAW, APPROPRIATION OF APPRECIATION ON THESE FUNDS HAS BEE SUSPENDED UNTIL SUCH TIME AS THE DEFICIENCY HAS BEEN RESTORED AND THE FAIR VALUE OF THE FUND EXCEEDS THE LEVEL REQUIRED TO BE RETAINED PERMANENTLY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 15,214. SPECIAL EVENTS 16,058. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 15,214. SPECIAL EVENTS 16,058. PART X, LINE 2: NATIONAL EDUCTION FOR ASSISTANCE DOG SERVICES, INC. QUALIFIES AS A TAX-EXEMPT, NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT NEADS HAS NO UNCERTAIN TAX POSITION THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON NEADS' STATEMENTS OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES OR CASH FLOWS. FUNDRAISING WALKFUNDRAISING EVENT 32192 32192 2808 PA GOLF TOURNAMENT 29349 29349 7025 12915 12915 6225 74456 74456 16058 16058 58398 X 2 10000 FMV X DOG FOOD 1 37247 COST 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS IRA C. KAPLAN, DVM AND ANITA M. MIGDAY, DVM ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE TREASURER AND CEO AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY IN ORDER TO ENSURE THAT THE ORGANIZATION'S BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES ARE REGULARLY AND CONSISTENTLY MONITORING AND ENFORCING IT. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS PEGGED TO BE COMPETITIVE WITH SIMILAR ORGANIZATIONS IN TERMS OF MISSION, SIZE AND LOCATION. AT THAT POINT, THE COMPENSATION IS RECOMMENDED AND VOTED UPON BY AN INDEPENDENT SEARCH COMMITTEE AS REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 NEADS MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.