2013-05-08T07:04:18-05:00 2012-09-30 560747981 DIXON HUGHES GOODMAN LLP 1410 SPRING HILL ROAD STE 500 TYSONS VA 22102 990 2011-10-01 710435097 NATIONAL ASSOCIATION OF STATE DIRECTORS OF SPECIAL EDUCATION INC NATI 7035193800 225 REINEKERS LANE NO 420 ALEXANDRIA VA 22314 BILL EAST 7035193800 2013-04-29 1 DAVID L JOHNSON P00188102 7039700400 2011 2016-03-07 17:11:31Z BILL EAST 225 REINEKERS LANE NO 420 ALEXANDRIA VA 22314 3501782 0 X WWW.NASDSE.ORG X 1938 FL NASDSE WAS FOUNDED FOR THE PURPOSE OF PROMOTING AND SUPPORTING EDUCATION PROGRAMS FOR STUDENTS WITH DISABILITIES IN THE U.S. AND OUTLYING AREAS. 8 8 15 0 0 0 0 0 3554709 3391042 97427 109854 280 886 3652416 3501782 0 0 0 0 1864047 1849266 0 0 0 1951740 1668292 3815787 3517558 -163371 -15776 3538554 3686981 685515 849718 2853039 2837263 NASDSE WAS FOUNDED FOR THE PURPOSE OF PROMOTING AND SUPPORTING EDUCATION PROGRAMS FOR STUDENTS WITH DISABILITIES IN THE U.S. AND OUTLYING AREAS. 0 0 2181842 2648916 TO DEVELOP PROGRAMS FOR THE EDUCATION OF EXCEPTIONAL CHILDREN, YOUTH AND ADULTS BOTH HANDICAPPED AND GIFTED THROUGH FEDERAL PROGRAMS 267829 743012 TO AID STATE EDUCATION AGENCIES THROUGH VARIOUS PROGRAMS, PERIODICALS AND MEETINGS. 2449671 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 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 0 0 0 0 1 0 0 0 15 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 1 1 1 0 X EXECUTIVE DIRECTOR 7035193800 225 REINEKERS LANE SUITE 420 ALEXANDRIA VA 22314 ARTHUR ALBERT 5.00 X 0 0 0 CATHY BOSHAMER 5.00 X 0 0 0 PEG BROWN-CLARK 5.00 X 0 0 0 FRANK POBODNIK 5.00 X 0 0 0 ANN MOORE 5.00 X X 0 0 0 FRED BALCOM 5.00 X 0 0 0 RICHARD HENDERSON 5.00 X X 0 0 0 COLLEEN RILEY 5.00 X X 0 0 0 DR BILL EAST 40.00 X 236454 0 42448 PAULA BURDETTE 40.00 X 125935 0 33853 JOANNE CASHMAN 40.00 X 125809 0 22965 NANCY REDER 40.00 X 163369 0 41671 PHOEBE GILLESPIE 40.00 X 108971 0 20551 760538 0 161488 5 0 1 0 0 FEDERAL CONTRACTS, GRA 900099 2648916 2648916 MEMBERSHIP DUES 900099 479887 479887 ANNUAL MEETING 900099 175304 175304 CONFERENCE 900099 76500 76500 PUBLICATIONS 900099 10040 10040 395 395 3391042 109854 109854 OTHER 900099 886 886 886 3501782 3391928 0 109854 270569 106467 164102 1199056 982214 216842 66196 42506 23690 313445 203882 109563 94800 94800 34281 34281 27271 27271 117971 35005 82966 231827 231827 237064 232875 4189 266196 234022 32174 12419 12419 CONSULTANTS AND RELATED 552272 552272 TELEPHONE 47203 20726 26477 NEW DIRECTOR'S SUPPORT 17919 17919 TAXES, INSURANCE AND OT 16222 16222 12847 12431 416 3517558 2449671 1067887 0 339740 756505 2503969 2250630 422638 376392 173120 111907 367886 305889 33607 61997 62989 77145 2491 52405 3538554 3686981 272786 301063 397067 440040 15662 0 108615 685515 849718 X 2787076 2757144 60963 75119 5000 5000 2853039 2837263 3538554 3686981 -15776 0 X 0 1 1 X 1 1 X 4797297 3689391 3805644 3225498 3128803 18646633 873340 501900 386389 329491 263125 2354245 5670637 4191291 4192033 3554989 3391928 21000878 0 0 0 21000878 118928 119064 118244 97427 109854 563517 118928 119064 118244 97427 109854 563517 5789565 4310355 4310277 3652416 3501782 21564395 0.97390 0.97320 0.02610 0.02680 X 27271 27271 3490287 3517558 325878 81470 0 0 389382 358263 340789 325878 1414312 2121468 25405 24412 35379 27271 112467 97346 89566 85197 81470 353579 530369 5000 196 196 5000 5000 282 282 5000 5000 435 435 5000 5000 5000 0.00000 1.00000 0.00000 0 0 367886 305889 61997 61997 DEFERRED RENT 108615 108615 3501782 3517558 -15776 -15776 3501782 0 3501782 0 3501782 3517558 0 3517558 0 3517558 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF ONE FUND ESTABLISHED FOR THE PURPOSE OF FUNDING OPERATIONS AND SPECIFIED PROGRAMS. THE ENDOWMENT FUND INCLUDES DONOR-RESTRICTED FUNDS ONLY. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INTERPRETATION OF RELEVANT LAW: THE BOARD OF DIRECTORS OF THE ASSOCIATION HAS INTERPRETED THE VIRGINIA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFTS AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE ASSOCIATION 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 THE ASSOCIATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY UPMIFA. IN ACCORDANCE WITH UPMIFA, THE ASSOCIATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUND 2. THE PURPOSES OF THE ASSOCIATION AND THE DONOR-RESTRICTED ENDOWMENT FUND 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECTS OF INFLATION AND DEFLATION 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE ASSOCIATION 7. THE INVESTMENT POLICIES OF THE ASSOCIATION RETURN OBJECTIVES AND RISK PARAMETERS: THE ASSOCIATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE SEEKING TO MAINITAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ASSOCIATION MUST HOLD IN PERPETUITY. UNDER THE POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS PRIMARY INVESTMENT OBJECTIVE IS TO EMPHASIZE LONG-TERM GROWTH OF PRINCIPAL WHILE AVOIDING EXCESSIVE RISK. SHORT-TERM VOLATILITY WILL BE TOLERATED IN AS MUCH AS IT IS CONSISTENT WITH THE VOLATILITY OF A COMPARABLE MARKET INDEX. THE SECONDARY INVESTMENT OBJECTIVE IS TO ACHIEVE RETURNS IN EXCESS OF THE RATE OF INFLATION OVER THE INVESTMENT HORIZON IN ORDER TO PRESERVE PURCHASING POWER OF PLAN ASSETS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. STRATEGIES EMPLOYED FOR ACHIEVING OBJECTIVES: THE SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ASSOCIATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPTIAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). SPENDING POLICY AND HOW THE INVESTMENT OBJECTIVES RELATE TO SPENDING POLICY: INCOME, GENERATED BY ASSETS HELD IN ENDOWMENT FUNDS, IS APPROPRIATED FOR DISTRIBUTION AND SPENT FROM UNRESTRICTED NET ASSETS ANNUALLY. THE ENDOWMENT PRINCIPAL IS MAINTAINED AT AMOUNTS ORIGINALLY CONTRIBUTED. FUNDS WITH DEFICIENCIES: FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THE DONOR OR UPMIFA REQUIRES THE ASSOCIATION TO RETAIN AS A FUND OF PERPETUAL DURATION. THERE WERE NO SUCH DEFICIENCIES AS OF SEPTEMBER 2012 OR 2011. THE ORGANIZATION DOES NOT BELIEVE THAT THE ULTIMATE OUTCOME OF ANY FUTURE EXAMINATIONS OF OPEN TAX YEARS WILL HAVE A MATERIAL IMPACT ON THE ASSOCIATION'S RESULTS OF OPERATIONS. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE IRS ARE 2009 THROUGH 2012. X X 0 0 0 0 0 0 0 0 0 DR BILL EAST 236454 0 0 0 0 0 33003 0 9445 0 278902 0 0 0 PAULA BURDETTE 125935 0 0 0 0 0 13322 0 20531 0 159788 0 0 0 NANCY REDER 163369 0 0 0 0 0 18297 0 23374 0 205040 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHICH CONSISTS OF THE PRINCIPLE STATE SPECIAL EDUCATION OFFICER IN EACH OF THE STATES AND TERRITORIES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS - ALLOWED TO VOTE ON ORGANIZATION BUSINESS PRESENTED AT ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11 PRESIDENT REVIEWS FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO REVIEW IS ANNUALLY PERFORMED BY THE BOARD OF DIRECTORS. RECORDS ARE KEPT OF THESE DISCUSSIONS. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE AT REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE POLICIES AND GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC.