2013-08-15T10:53:24-05:00 2011-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 529 FIFTH AVENUE NEW YORK NY 100174683 990 2011-01-01 562581640 NEW LEADERS COUNCIL NEWL 6194539870 8837 VILLA LA JOLLA AVE LA JOLLA CA 92039 LOUIS P VALERIO 6194539870 2013-02-01 1 PAULA VUKSIC P00360739 2126971000 2013-02-01 2011 2016-02-25 16:41:14Z X X LOUIS P VALERIO 8837 VILLA LA JOLLA AVE LA JOLLA CA 92039 432284 0 X NEWLEADERSCOUNCIL.ORG X 2006 CA TO RECRUIT, TRAIN AND PROMOTE THE NEXT GENERATION OF PROGRESSIVE LEADERS. 13 12 7 110 0 0 165734 246386 51019 36618 139 60 69593 133332 286485 416396 0 0 0 0 49764 154098 0 0 59393 231010 336171 280774 490269 5711 -73873 95438 51628 39334 69397 56104 -17769 X NEW LEADERS COUNCIL (NLC) MISSION IS TO TARGET AND RECRUIT A DIVERSE GROUP OF CURRENT AND ASPIRING YOUNG PROGRESSIVE LEADRES; PROVIDE THESE INDIVIDUALS WITH EDUCATION, TRAINING, NETWORKING OPORTUNITIES AND MENTORSHIP AND SUPPORT WITH PROGRESSIVE ENTREPRENEURSHIP; ASSISTING THEM WITH JOB PLACEMENTS. 0 0 281560 36618 NLC PROVIDES EMERGING LEADERS WITH TRAINING, MENTORING, NETWORKING, AND JOB PLACEMENT OPPORTUNITIES THAT EQUIP THEM TO BE CIVIC LEADERS, NOT ONLY FOR ELECTIVE OFFICE, BUT ALSO IN THEIR COMMUNITIES AND WORKPLACE. 281560 1 1 0 1 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 1 2 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 1 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 CA NY GA MA IL NJ PA X MATTI MIRANDA 6194539870 8837 VILLA LA JOLLA AVE LA JOLLA CA 92039 MARK WALSH 1.00 X X 0 0 0 MICHAEL MOSCHELLA 1.00 X X 0 0 0 NOAH DOYLE 1.00 X X 0 0 0 ROBERT J ABERNETHY 1.00 X 0 0 0 LOUIS P VALERIO 1.00 X X 0 0 0 MIKE TRAXINGER 1.00 X 0 0 0 CLAIRE SILBERMAN 1.00 X 0 0 0 NATHANIEL LOEWENTHEIL 1.00 X 0 0 0 CHRIS KELLY 1.00 X 0 0 0 MURRAY L GALINSON 1.00 X 0 0 0 ADAM BORELLI 40.00 X X 35411 0 0 LESLIE BARKEMEYER MYERS 1.00 X 0 0 0 MARK RIDDLE 1.00 X 0 0 0 35411 0 0 0 0 0 0 0 246386 246386 APPLICATION FEES 900099 19699 19699 TRAINING EVENTS 900099 16919 16919 36618 60 60 149220 15888 133332 133332 416396 36618 0 133392 35411 35411 103299 61686 27742 13871 3099 2169 620 310 12289 8602 2458 1229 54552 10910 43642 31310 3695 27615 13922 13922 34886 32610 2276 12334 11101 1233 7613 3230 4383 7382 7382 2643 2643 TRAINING 112888 112888 OTHER FUNDRAISING EXP 36725 36725 RECRUITMENT 14828 8684 6144 OTHER EXPENSES 7088 1880 4609 599 490269 281560 149316 59393 79939 21148 1374 1374 14125 29106 95438 51628 39334 69397 39334 69397 X 56104 -17769 56104 -17769 95438 51628 -73873 0 X 0 1 1 X 0 X 16600 91393 165734 246386 520113 16600 91393 165734 246386 520113 98654 421459 36 38 139 60 273 6304 69593 131332 207229 727615 132362 0.57920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 490269 490269 98054 24514 0 0 0 17755 56155 98054 171964 257946 0 0 0 0 4438 14039 24514 42991 64487 0 0 0 0 416396 490269 -73873 -73873 438075 5791 15888 21679 416396 0 416396 511948 5791 15888 21679 490269 0 490269 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE ORGANIZATION ASSESSES THE LIKELIHOOD, BASED ON IT TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAXING AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 2: SPECIAL EVENTS DIRECT EXPENSES PART XIII, LINE 2: SPECIAL EVENTS DIRECT EXPENSES FELLOW'S FUNDRAISER 120098 120098 10068 40 UNDER 40 29122 29122 5820 149220 149220 15888 15888 133332 FORM 990, PART VI, SECTION A, LINE 4 NLC CHANGED ITS BYLAWS IN 2011 TO STREAMLINE ITS GOVERNANCE PROCEDURES. THESE CHANGES DID NOT CHANGE OR MODIFY THE VOTING RIGHTS OF THE GOVERNING BODY, NOR DID THEY ABOLISH ANY PRIOR COMMITMENTS. THE CHANGES CONSISTED OF EXPANDING THE NUMBER OF POSSIBLE DIRECTORS, ESTABLISHING CLASSES OF DIRECTORS WITH STAGGERED TERMS TO IMPROVE BOARD CONTINUITY, AND CLARIFYING THE DISTINCTION BETWEEN OFFICERS OF THE BOARD OF DIRECTORS AND MANAGERIAL EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 8B N/A FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 WAS DISTRIBUTED TO ALL MEMBERS OF THE GOVERNING BODY, LEGAL COUNSEL AND THE FINANCE DEPARTMENT FOR REVIEW AND COMMENT BEFORE IT WAS FILED. FORM 990, PART VI, SECTION C, LINE 19 NLC MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC TO THE DEGREE REQUIRED BY APPLICABLE FEDERAL, STATE, OR LOCAL LAWS AND IN CONFORMANCE WITH SUCH LAWS. REASON FOR AMENDED RETURN FORM 990 THE ORIGINAL 2010 TAX YEAR FORM 990 WAS FILED BEFORE THE AUDITED FINANCIAL STATEMENTS WERE ISSUED. AS A RESULT OF THE AUDIT, IT CAME TO NLC'S ATTENTION THAT CERTAIN REVENUS AND EXPENSES WERE MISCLASSIFIED AND WERE ERRONEOUSLY DEFERRED TO THE FOLLOWING ACCOUNTING PERIOD. THE 2011 TAX YEAR RETURN IS AMENDED FOR THE PRIOR YEAR AMOUNTS.