2014-05-15T14:07:20-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2012-07-01 621471948 NORTHERN VIRGINIA TECHNOLOGY COUNCIL INC NORT 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE G KILBERG 7039047878 2014-05-15 1 KAREN GRIES P00078514 5712279500 2012 2015-11-30 17:44:51Z BOBBIE G KILBERG 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 3945723 0 X WWW.NVTC.ORG X 1991 VA ADVOCATE OF TECHNOLOGY BUSINESS IN NORTHERN VIRGINIA. 59 58 29 58 156366 42788 0 1230739 3564581 1273809 8480 4763 609082 1436412 4182143 3945723 0 0 0 0 2497526 2504341 0 0 0 1639663 1653249 4137189 4157590 44954 -211867 2889042 2678095 919333 933682 1969709 1744413 X NORTHERN VIRGINIA TECHNOLOGY COUNCIL (NVTC) PROVIDES VALUE BY CONNECTING, GROWING, EDUCATING AND ADVOCATING FOR THE INNOVATIVE AND ENTREPRENEURIAL TECHNOLOGY COMMUNITY IN NORTHERN VIRGINIA AND THE GREATER REGION. 0 0 EVENTS, PROGRAM AND MEMBER SERVICES - NVTC HAD WELL OVER 100 MEETINGS AND EVENTS RANGING FROM THE COMMITTEE LEVEL WITH ATTENDANCE FOR TARGETED AREAS OF INDUSTRY OR INTEREST GROUPS TO THE FULL MEMBERSHIP EVENT SERIES OR SIGNATURE BANQUETS INCLUDING ANNUAL CFO AWARDS, FALL BANQUET, AND TITAN'S SERIES. THE NUMBER OF REGISTRANTS RANGE FROM 20 TO NEARLY 800. THE SUCCESS IS DUE TO OBTAINING VERY HIGH LEVEL INDUSTRY SPEAKERS CREATING SIGNIFICANT TICKET AND SPONSORSHIP SALES FOR THESE ANNUAL EVENTS. MEMBER INSURANCE, HEALTH AND 401K PROGRAMS PROVIDE ACCESSIBLE RESOURCES TO OUR MEMBERS, AS WELL AS DISCOUNTED SERVICES AND PRODUCTS. OUR MEMBERS RECEIVE A QUARTERLY INDUSTRY PUBLICATION PRODUCED BY NVTC, WHICH ASSISTS IN BRANDING OUR REGION AS A TECHNOLOGY HUB. NVTC'S AGGRESSIVE STATE LOBBYING AND LEGISLATIVE ACTIVITIES ASSIT IN SUPPORTING OUR MEMBER'S INTERESTS. OUR MANY EVENTS PROVIDE IMMEASURABLE NETWORKING OPPORTUNITIES. REVENUE FROM OUR EVENTS AND PROGRAMS GENERATED APPROXIMATELY 50% OF TOTAL INCOME. ENTREPRENEUR CENTER - THE ENTREPRENEUR CENTER AT NVTC IS A RESOURCE HUB FOR TECHNOLOGY START UPS AND ENTREPRENEURS AT EVERY STAGE OF THEIR LIFECYCLE. THE ENTREPRENEUR CENTER FOSTERS ENTREPRENEURSHIP IN STUDENTS, MENTORS THE FIRST-TIME ENTREPRENEUR, ADVISES AND SUPPORTS THE EXPERIENCED ENTREPRENEUR, AND FACILITATES STRATEGIC BUSINESS RELATIONSHIPS IN THE TECHNOLOGY COMMUNITY. THE ENTREPRENEUR CENTER ASSISTS START UPS AND SMALL COMPANIES THROUGH A VARIETY OF EDUCATIONAL PROGRAMS, NETWORKING EVENTS AND RESOURCES. THE CENTER CONTINUED A 10-WEEK ENTREPRENEUR TRAINING PROGRAM THAT COMES OUT OF THE KAUFFMAN FOUNDATION AND GRADUATED 22 INDIVIDUALS DURING THIS YEAR. THE CENTER NOW PROVIDES EDUCATIONAL PROGRAMS FOR POTENTIAL INVESTORS IN THE COMMUNITY. NETWORKING EVENTS THAT FOCUSED ON TEAMING WITH PRIME CONTRACTORS, WORKING WITH THE GOVERNMENT, FINDING PARTNERS AND CUSTOMERS, AND HONORING LEADERS IN THE ENTREPRENEUR COMMUNITY BROUGHT TOGETHER OVER 950 INDIVIDUALS FROM THE REGION'S TECHNOLOGY COMMUNITY. PUBLIC POLICY - "NVTC'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE RESEARCH FOR DEVELOPING OF OUR ORGANIZATION'S ANNUAL LEGISLATIVE AGENDA. THE AGENDA IS SUPPORTED THROUGH LOBBYING EFFORTS BY NVTC STAFF AND AN EXTERNAL CONSULTANT. WE INCORPORATE TARGETED EVENTS, MEETINGS AND PROGRAMS TO FULFILL OUR PUBLIC POLICY AND LEGISLATIVE EFFORTS. WE CURRENTLY UTILIZE APPROXIMATELY 24% OF OUR MEMBERSHIP DUES TO SUPPORT OUR LEGISLATIVE ADVOCACY SUCCESSES. 2013 NVTC STATE LOBBYING AND LEGISLATIVE EFFORTS HELPED ACHIEVE: LEGISLATION TO ENHANCE VIRGINIA'S STATEWIDE COMPETITIVENESS IN ATTRACTING DATA CENTER JOBS AND INVESTMENT BY EXPANDING VIRGINIA'S CURRENT DATA CENTER SALES TAX EXEMPTION TO ALSO INCLUDE DATA CENTER TENANTS. LEGISLATION EXTENDING VIRGINIA'S CAPITAL GAINS EXEMPTION FOR INVESTORS IN TECHNOLOGY STARTUPS THROUGH JUNE 30, 2015.LEGISLATION EXTENDING THE TELEWORK TAX CREDIT FOR EMPLOYERS THROUGH DECEMBER 31, 2016. WASHINGTON AIRPORTS AUTHORITY (MWAA) BOARD LEGISLATION PROVIDING VIRGINIA GREATER REPRESENTATION ON THE METROPOLITAN WASHINGTON AIRPORTS AUTHORITY (MWAA) BOARD, IN LINE WITH RECENTLY ENACTED FEDERAL LEGISLATION. LEGISLATION EXPANDING THE BOARD OF DIRECTORS FOR THE VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP (VEDP) BY ADDING THE SECRETARY OF AGRICULTURE AND FORESTRY AND THE SECRETARY OF TECHNOLOGY AS VOTING MEMBERS.LEGISLATION INSTITUTING BOARD AND GOVERNANCE REFORMS FOR THE VIRGINIA COMMERCIAL SPACE FLIGHT AUTHORITY AND PROVIDING A MECHANISM FOR FUNDING IMPROVEMENTS THROUGH THE VIRGINIA TRANSPORTATION TRUST FUND. $16 MILLION IN NEW FUNDING OVER TWO YEARS FOR THE COMMONWEALTH RESEARCH COMMERCIALIZATION FUND (CRCF) TO FACILITATE GROWTH AND DEVELOPMENT OF THE TECHNOLOGY INDUSTRY IN THE COMMONWEALTH, ACCELERATE ENTRANCE OF NEW PRODUCTS AND SERVICES TO THE MARKET, INCENTIVIZE COLLABORATION BETWEEN INSTITUTIONS OF HIGHER EDUCATION AND COMPANIES ENGAGED IN RESEARCH IN HIGH-GROWTH, EMERGING INDUSTRIES, MATCH FEDERAL SBIR GRANTS FOR VIRGINIA COMPANIES AND INVEST THROUGH THE CIT GAP FUNDS IN SEED-STAGE FIRMS AND UNIVERSITY SPIN-OUTS WITH A HIGH POTENTIAL FOR SUCCESSFUL COMMERCIALIZATION, RAPID GROWTH AND DOWNSTREAM PRIVATE EQUITY FINANCING. $5 MILLION IN ANNUAL FUNDING FOR VIRGINIA'S REFUNDABLE RESEARCH AND DEVELOPMENT (R&D) TAX CREDIT. INCREASING THE ANNUAL CAP TO $4 MILLION IN FUNDING TO SUPPORT VIRGINIA'S ANGEL INVESTOR TAX CREDIT TO ENCOURAGE CONTINUED INVESTMENT IN EARLY-STAGE TECHNOLOGY STARTUPS IN THE COMMONWEALTH. $2 MILLION IN NEW FUNDING OVER THE NEXT TWO YEARS TO LAUNCH NEW CYBERSECURITY AND MODELING AND SIMULATION INITIATIVES TO BUILD UPON EXISTING INITIATIVES BY FOSTERING INNOVATIVE PARTNERSHIPS IN VIRGINIA, LEVERAGING UNIVERSITY AND INDUSTRY RESOURCES, AND ALIGNING ASSETS WITH EMERGING AND EXPANDING OUTREACH ACTIVITIES. TOGETHER, THESE TWO INITIATIVES WILL PROVIDE A FOCUSED EFFORT ON FURTHER GROWING VIRGINIA JOBS AND INVESTMENT IN THESE INDUSTRY SECTORS. $3 MILLION OVER TWO YEARS FOR AN IT ACADEMY TO HELP GROW VIRGINIA'S SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) WORKFORCE THROUGH A FORMAL ONLINE CURRICULUM THAT PREPARES STUDENTS TO PASS MICROSOFT INDUSTRY CERTIFICATION EXAMS. THROUGH A STATEWIDE AGREEMENT, THIS CURRICULUM HAS BEEN MADE AVAILABLE TO EVERY HIGH SCHOOL STUDENT, THEIR PARENTS AND ALL HIGH SCHOOL FACULTY AND STAFF. $1 MILLION IN FUNDING OVER TWO YEARS TO EXPAND THE NORTHERN VIRGINIA COMMUNITY COLLEGE'S SYSTEMIC SOLUTIONS WORKFORCE PROGRAM BEYOND PRINCE WILLIAM COUNTY/MANASSAS TO INCLUDE FAIRFAX, LOUDOUN, ARLINGTON AND ALEXANDRIA. SYSTEMIC SOLUTIONS IS A COLLABORATIVE ARRANGEMENT AMONG SCHOOL DIVISIONS, HIGHER EDUCATION INSTITUTIONS AND EMPLOYERS TO DEVELOP A SUSTAINABLE STEM WORKFORCE PIPELINE." 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 29 1 1 1 0 0 0 0 0 X 59 58 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7039047878 2214 ROCK HILL ROAD NO 300 HERNDON VA 20170 BOBBIE KILBERG 40.00 X X 472611 0 42963 BRAD ANTLE 2.00 X X 0 0 0 SUDHAKAR KESAVAN 2.00 X X 0 0 0 TODD STOTTLEMYER 2.00 X X 0 0 0 ROBIN LINEBERGER 2.00 X X 0 0 0 CRAIG CHASON 2.00 X X 0 0 0 ENRICO DELLA CORNA 2.00 X X 0 0 0 EVAN WEISEL 2.00 X X 0 0 0 DR MAGID ABRAHAM 2.00 X 0 0 0 JOHN ALLEN 2.00 X 0 0 0 ANNE ALTMAN 2.00 X 0 0 0 MIKE BRADSHAW 2.00 X 0 0 0 JOHN BURTON 2.00 X 0 0 0 MATT CALKINS 2.00 X 0 0 0 TERESA CARLSON 2.00 X 0 0 0 ED CASEY 2.00 X 0 0 0 STEVE COOKER 2.00 X 0 0 0 MICHAEL CORKERY 2.00 X 0 0 0 MARILYN CROUTHER 2.00 X 0 0 0 KAREN DAHUT 2.00 X 0 0 0 PATRICK FINN 2.00 X 0 0 0 NELSON FORD 2.00 X 0 0 0 MIKE GOLDEN 2.00 X 0 0 0 AL GRASSO 2.00 X 0 0 0 JOHN HAGAN 2.00 X 0 0 0 LINNIE HAYNESWORTH 2.00 X 0 0 0 STEVE HILLS 2.00 X 0 0 0 SCOTT HOMMER 2.00 X 0 0 0 BOB JOHNSON 2.00 X 0 0 0 DANIEL JOHNSON 2.00 X 0 0 0 DR RAY JOHNSON 2.00 X 0 0 0 JOEL KALLETT 2.00 X 0 0 0 CURT KOLCUN 2.00 X 0 0 0 JACK LONDON 2.00 X 0 0 0 WAYNE LUCERNONI 2.00 X 0 0 0 MICHAEL MAIORANA 2.00 X 0 0 0 STACY MENDLER 2.00 X 0 0 0 RICHARD MONTONI 2.00 X 0 0 0 TONY MORACO 2.00 X 0 0 0 JENNIFER MORGAN 2.00 X 0 0 0 J D MYERS II 2.00 X 0 0 0 RAJ NARASIMHAN 2.00 X 0 0 0 PHIL NORTON 2.00 X 0 0 0 OSCAR OSORIO 2.00 X 0 0 0 ROB QUARTEL 2.00 X 0 0 0 GEORGE E QUINN 2.00 X 0 0 0 DAVID SCHAEFER 2.00 X 0 0 0 GEORGE SCHINDLER 2.00 X 0 0 0 BRAD SCHWARTZ 2.00 X 0 0 0 MATTHEW SCHWARTZ 2.00 X 0 0 0 KIM SHANAHAN 2.00 X 0 0 0 JEAN STACK 2.00 X 0 0 0 DR CHARLES STEGER 2.00 X 0 0 0 PETE STEVENSON 2.00 X 0 0 0 SEAN STONE 2.00 X 0 0 0 DR ROBERT TEMPLIN 2.00 X 0 0 0 DR MARTA WILSON 2.00 X 0 0 0 JOHN WOOD 2.00 X 0 0 0 DAVID W ZOLET 2.00 X 0 0 0 RANDY CISLER 40.00 X 128482 0 5261 CHRISTINE KALLIVOKAS 40.00 X 213833 0 8998 JOSH LEVI 40.00 X 168901 0 7077 MICHELE WEATHERLY 40.00 X 173627 0 6962 ALLISON GILMORE 40.00 X 102642 0 4106 1260096 0 75367 6 0 1 0 0 1230739 1230739 MEETINGS & CONFERENCES 541900 1052145 1052145 PUBLIC AFFAIRS 541900 132670 132670 NVTC ENTREPRENEURSHIP CENTER 541900 88994 88994 1273809 4763 4763 PARTNERS AND TITANS 541900 839267 839267 ANNUAL BOARD FEES 541900 294982 294982 ADVERTISING 541800 156366 156366 145797 145797 1436412 3945723 1273809 156366 1284809 1094541 1160957 29456 85371 134016 -3203 10686 36828 37763 70435 137570 137056 103680 54676 834283 61196 16530 NEWSLETTER 66970 MISCELLANEOUS 44640 TECHTOPIA MAP PROJECT 44139 4157590 157 157 234828 89707 475855 437607 84087 101075 443457 409791 82226 33666 2011889 2015883 2889042 2678095 226982 236163 692351 697519 919333 933682 X 1503558 1278038 466151 466375 1969709 1744413 2889042 2678095 X -211867 -2282 -11147 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 1261966 302872 302872 302597 275 443457 409791 33666 33666 X 4718083 -2282 774642 772360 3945723 0 3945723 4912482 754892 754892 4157590 0 4157590 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COUNCIL HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE COUNCIL AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE COUNCIL'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2010 TO 2012 ARE OPEN TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DONATED LEGAL SERVICES 599,142. TECHPAC REVENUE 175,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED LEGAL SERVICES 599,142. PAC DISBURSED FUNDS 155,750. X 1 0 0 0 0 BOBBIE KILBERG 436561 0 36050 0 0 0 10000 0 32963 0 515574 0 0 0 CHRISTINE KALLIVOKAS 208733 0 5100 0 0 0 8998 0 0 0 222831 0 0 0 JOSH LEVI 164901 0 4000 0 0 0 7077 0 0 0 175978 0 0 0 MICHELE WEATHERLY 172627 0 1000 0 0 0 6962 0 0 0 180589 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXCECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN, VICE-CHAIRMEN, PRESIDENT, GENERAL COUNSEL, SECRETARY, TREASURER, PUBLIC RELATIONS ADVISOR AND OTHER DIRECTORS SELECTED BY THE BOARD OF DIRECTORS. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT TO SUCH LIMITATIONS AS MAY BE PRESCRIBED BY RESOLUTION OF THE BOARD OF BIRECTORS, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF DIRECTORS, INCLUDING THE POWER TO AUTHORIZE THE SEAL OF NVTC TO BE AFFIXED TO ALL PAPERS THAT MAY REQUIRE IT, BUT SHALL NOT HAVE THE AUTHORITY TO AMEND THE ARTICLES OF INCORPORATION, TO ADOPT A PLAN TO MERGER OR CONSOLIDATION, TO APPROVE THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF NVTC, TO APPROVE THE VOLUNTARY DISSOLUTION OF NVTC OR TO AMEND THE BYLAWS OF NVTC. FURTHERMORE, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IN MATTERS RELATED TO THE NVTC FOUNDATION. THE EXECUTIVE COMMITTEE MAY ALSO FORMULATE AND RECOMMEND TO THE BOARD OF DIRECTORS APPROVAL OF GENERAL POLICIES REGARDING THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF NVTC. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE FOUR CLASSES OF MEMBERS, WHICH SHALL BE DESIGNATED CLASS I MEMBERS, CLASS II MEMBERS, CLASS III MEMBERS, AND CLASS IV MEMBERS (COLLECTIVELY "MEMBERS"). CLASS I (TECHNOLOGY COMPANY). CLASS I MEMBERS SHALL BE COMPANIES OR IDENTIFIED SUBDIVISIONS OF COMPANIES PRIMARILY ENGAGED IN THE RESEARCH, DEVELOPMENT, MANUFACTURE OR RENDERING OF ADVANCED TECHNOLOGICAL PRODUCTS OR SERVICES. ALL CLASS I MEMBERS MUST BE APPROVED BY THE BOARD OF DIRECTORS. CLASS II (ASSOCIATE MEMBER). CLASS II MEMBERS PROVIDE SERVICES TO THE TECHNOLOGY BUSINESS COMMUNITY, INCLUDING BUT NOT LIMITED TO LEGAL, FINANCIAL, TRAINING AND CONSULTING ASSISTANCE. CLASS III (NON-PROFIT AFFILIATE MEMBER). CLASS III MEMBERS ARE NON-PROFIT ORGANIZATIONS. CLASS IV (GOVERNMENT AFFILIATE MEMBERS). CLASS IV MEMBERS ARE FEDERAL, STATE AND LOCAL GOVERNMENT AGENCIES AND SUBDIVISIONS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS SHALL ELECT A BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION REVIEWS THE FORM 990 PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. ANY QUESTIONS ARE ADDRESSED AND RESOLVED. THE COO (OR THE CONTROLLER AND HR ADMINISTRATOR) THEN REVIEWS THE RETURN WITH THE NVTC TREASURER PRIOR TO ITS SIGNING BY THE PRESIDENT AND CEO OR THE TREASURER AND FILING. A COMPLETE COPY IS PROVIDED TO THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL POSSIBLE CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OR THE BOARD OF DIRECTORS TO INVESTIGATE THE SITUATION AND DETERMINE HOW THE COUNCIL SHOULD PROCEED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT AND CEO UTLIZES COMPARABILITY DATA AND INDEPENDENT PERSONS WHEN SETTING THE COMPENSATION. THE CONTRACT AND PERFORMANCE EVALUATION IS PERIODICALLY REVIEWED AND RENEGOTIATED WITH THE CURRENT CHAIRMAN OF THE NVTC BOARD OF DIRECTORS. THE CONTRACT WAS RENEGOTIATED AND SIGNED ON MARCH 1, 2012. THE NVTC FINANCE COMMITTEE OBTAINS A FULL EVALUATION OF THE MARKET VALUE FOR ALL NVTC EMPLOYEE POSITIONS AND INDUSTRY COMPARISONS. THIS WAS COMPLETED BY NVTC'S COO, USING NATIONAL INDUSTRY STANDARD REFERENCES. ADDITIONALLY, JOB POSTING AND SALARY REQUIREMENTS WERE REVIEWED USING LOCAL LEADING INDUSTRY RESOURCES FOR ASSOCIATION PROFESSIONALS. THE COMPARISON SURVEY OF NVTC POSITIONS AND SALARY RECOMMENDATIONS ARE THEN PROVIDED TO THE COMMITEE FOR REVIEW. THIS PROCESS WAS LAST COMPLETED IN JANUARY 2012. ON AN ONGOING BASIS, THE INITIAL OVERALL COMPREHENSIVE REVIEW WILL BE CONDUCTED BY INTERNALLY WITH THE COO DETERMINING COMPENSATION LEVELS USING THE ABOVE MENTIONED CURRENT INDUSTRY SALARY RESOURCE STANDARDS AND COMPARABLE DATA ANNUALLY DURING THE BUDGETARY PROCESS. THE COMPENSATION RECOMMENDATIONS ARE EITHER APPROVED OR ADJUSTED BY THE PRESIDENT & CEO AND THE NVTC EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL WILL PROVIDE FORMS 1023, 990 AND 990-T, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC WHEN REQUESTED. PRIOR PERIOD ADJUSTMENT FORM 990, PART XI, LINE 8 ADJUSTMENTS MADE TO BALANCE SHEET, EXCEPT FIXED ASSETS AND INVESTMENTS.