2026-08-27T22:18:15-05:00 2025-12-31 333709623 COHNREZNICK ADVISORY LLC 8000 TOWERS CRESCENT DRIVE SUITE 1000 TYSONS CORNER VA 22182 990 2025-01-01 520741393 NOBLEREACH FOUNDATION LOGI 5713853920 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 PASQUALE M TAMBURRINO JR COO 5713853920 2026-08-26 1 LORI ROTHE YOKOBOSKY P01273422 7037446700 2026-08-26 2025 2025-03-06 01:10:19Z X PASQUALE M TAMBURRINO J 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 178567017 0 X NOBLEREACHFOUNDATION.ORG X 1961 DE CULTIVATING TECH SCIENCE & BUSINESS LEADERS TO SOLVE PROBLEMS CRITICAL TO GOVERNMENT & SOCIETY 7 6 69 0 0 0 4333121 158960 6577604 905617 19208018 26194667 193506 623719 30312249 27882963 613799 1177672 0 0 12996678 12311554 0 0 0 26674040 14050801 40284517 27540027 -9972268 342936 447938595 478313545 21197994 17742295 426740601 460571250 X NOBLEREACH BELIEVES THAT AMERICA'S PROSPERITY AND ITS NATIONAL AND ECONOMIC SECURITY DEMAND A RENEWED SPIRIT OF NATIONAL SERVICE AND PUBLIC PURPOSE AMONG OUR BRIGHTEST MINDS AS WELL AS THE PROMOTION OF MISSION-SERVING INNOVATION ECOSYSTEMS.TODAY, NOBLEREACH SEEKS TO BUILD A THRIVING NATIONAL COMMUNITY OF LEADERS WHO ANSWER A CALL TO PUBLIC SERVICE ACROSS EVERY CAREER STAGE, BRINGING TOGETHER THE ENTREPRENEURIAL AGILITY OF THE PRIVATE SECTOR, THE IDEAS AND TALENT FROM ACADEMIA, AND THE SCALE AND PURPOSE OF THE PUBLIC SECTOR TO DRIVE INNOVATION TOWARD SOLVING OUR NATION'S TOUGHEST CHALLENGES BY INSPIRING THE NEXT GENERATION OF MISSION-DRIVEN CHANGEMAKERS. 0 0 5198870 1110347 194096 IN 2025, THE ORGANIZATION'S THIRD FULL YEAR OPERATING AS NOBLEREACH FOUNDATION, WE CONTINUED TO SCALE OUR THREE MAIN AREAS OF PROGRAM SERVICES: ACADEMIC PARTNERSHIPS, INNOVATION, AND TALENT.ACADEMIC PARTNERSHIPS: THROUGHOUT 2025, NOBLEREACH EXPANDED AND DEEPENED ITS 20+ ACADEMIC PARTNERSHIPS WITH A DIVERSE RANGE OF COLLEGES AND UNIVERSITIES THROUGH CONVENINGS, CURRICULUM OFFERINGS, AND INTERNSHIP PROGRAMS. IN 2025, WE HOSTED MORE THAN 8 ENTREPRENEURSHIP AND PUBLIC SERVICE CONVENINGS AND CASE COMPETITIONS WITH UNIVERSITIES ACROSS THE U.S.INCLUDING GEORGE MASON UNIVERSITY, GEORGETOWN, AND THE UNIVERSITY OF ARKANSAS, AND DELIVERED CURRICULUM PROGRAMS TO MORE THAN 13 UNIVERSITIES SUCH AS UC DAVIS, NORTHWESTERN, AND THE UNIVERSITY OF PITTSBURGH. 7979306 25000 INNOVATION: WE WORK WITH ACADEMIC AND GOVERNMENT PARTNERS TO IDENTIFY PROMISING RESEARCH, BUILD ENTREPRENEURIAL TEAMS TO GUIDE IT OUT OF THE LAB, AND DEVELOP CAPABILITIES AND TALENT PIPELINES, STRENGTHENING LOCAL INNOVATION ECOSYSTEMS ACROSS THE NATION. IN 2025, OUR INNOVATION EFFORTS FOCUSED ON OUR PARTNERSHIP WITH THE NATIONAL SCIENCE FOUNDATION (NSF) TO SUPPORT THEIR REGIONAL INNOVATION ECOSYSTEM BUILDING EFFORTS FOR NATIONAL SECURITY TECHNOLOGY TRANSLATION AND COMMERCIALIZATION. WE ALSO ENGAGED WITH ACADEMIC PARTNERS ACROSS THE US AND BEGAN A PILOT PROGRAM WITH NORTHEASTERN UNIVERSITY'S CENTER FOR RESEARCH INNOVATION (CRI) TO ACCELERATE THE TRANSLATION OF IMPACTFUL TECHNOLOGIES. 5785427 42325 711521 TALENT: WORK WITH STUDENTS AND RECENT GRADUATES TO CULTIVATE TALENT THAT WILL SERVE THE PUBLIC SECTOR. IN 2025, OUR FLAGSHIP TALENT INITIATIVE, THE SCHOLARS PROGRAM, FACILITATED PLACEMENT OF GRADUATES IN GOVERNMENT AGENCIES WITH YEAR-LONG PLACEMENTS FOCUSING ON AI, CYBERSECURITY, BUSINESS PROCESS INNOVATION, MATERIALS & MANUFACTURING, AND MORE. WE PROVIDE PROFESSIONAL DEVELOPMENT, MENTORSHIP, AND A COMMUNITY OF PEERS, ALUMNI, AND ROLE MODELS TO PROGRAM PARTICIPANTS. 18963603 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 93 0 1 69 1 0 0 0 0 0 0 0 0 0 0 1 0 X 7 6 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PASQUALE M TAMBURRINO JR 5713853920 7940 JONES BRANCH DRIVE 600 MCLEAN VA 22102 ARUN GUPTA CEO AND BOARD DIRECTOR 40.00 X X 1050433 0 79703 DAVE MCCURDY BOARD DIRECTOR 1.00 X 7500 0 0 JILL TIEFENTHALER BOARD DIRECTOR 1.00 X 7500 0 0 KRISHNAN RAJAGOPALAN BOARD DIRECTOR/CHAIR 1.00 X X 10000 0 0 LESLIE SMITH OUTGOING BOARD DIRECTOR 1.00 X 37500 0 0 LISA DISBROW BOARD CHAIR/DIRECTOR 1.00 X X 7500 0 0 RALPH SEMMEL BOARD DIRECTOR 1.00 X 7500 0 0 TODD STOTTLEMYER BOARD DIRECTOR 1.00 X 7500 0 0 PASQUALE M TAMBURRINO JR COO & TREASURER 40.00 X 479812 0 32191 STEPHANIE DEFINO OUTGOING CFO 40.00 X 275742 0 26108 CHARLENE MARINI SR. COMMERCIALIZATION ADVI 40.00 X 353988 0 40795 LINDA BIXBY OUTGOING EVP, ACADEMIC PARTNERSHIPS 40.00 X 375990 0 38355 PETROS KOTIDIS SENIOR COMMERCIALIZATION A 40.00 X 396709 0 14000 SIMON DAVIDSON SENIOR FELLOW 40.00 X 354677 0 66266 SREENIVAS RAMASWAMY CHIEF INNOVATION OFFICER 40.00 X 363749 0 18208 3736100 0 315626 35 0 1 0 COHNREZNICK 14 SYLVAN WAY 3RD FLOOR PARISPPANY NJ 07054 ACCOUNTING SERVICES 1415506 APPIAN PARTNERS LLC 502 SCRIMSHAW WAY SEVERNA PARK MD 21146 CONSULTING SERVICES 575000 NARRATIVE STRATEGIES LLC 1400 L ST NW SUITE 500 WASHINGTON DC 20005 CONSULTING SERVICES 407400 BAKER TILLY US LLP PO BOX 7398 MADISON WI 537077398 CONSULTING SERVICES 309891 BGR GOVERNMENT AFFAIRS LLC 601 13TH ST NW 11TH FL S WASHINGTON DC 20005 CONSULTING SERVICES 213571 10 148960 10000 158960 CONTRACTED SERVICES 541900 905617 905617 905617 14119675 14119675 623719 0 623719 623719 623719 162759046 150684054 12074992 12074992 12074992 27882963 905617 0 26818386 X 1159672 1159672 18000 18000 2028989 1553198 475791 8485549 6595805 1889744 389654 235307 154347 913124 551423 361701 494238 296061 198177 105050 75387 29663 658281 394327 263954 213571 213571 791711 791711 3198417 2295292 903125 1129316 810435 318881 101825 68923 32902 873767 578401 295366 4362492 2239622 2122870 411388 298669 112719 510102 333819 176283 225882 43200 182682 158144 94733 63411 STIPENDS 729849 729849 SPONSORSHIPS 350000 154124 195876 PASSTHROUGH EXPENSE 194096 194096 BAD DEBTS 19897 19897 17013 9792 7221 27540027 18963603 8576424 0 29651523 16517636 4104772 3461721 494775 221322 868019 1210466 5042854 4536551 685187 506303 396061687 443161685 15055701 12298470 1016931 935942 447938595 478313545 4208875 2907520 780521 16989119 14054254 21197994 17742295 X 426740601 460571250 426740601 460571250 447938595 478313545 342936 33487713 0 X 0 1 X 1 0 X 7426233 4333121 158960 11918314 421728905 341380670 44573654 6577604 905617 815166450 421728905 341380670 51999887 10910725 1064577 827084764 0 271773238 215952780 32794169 4616256 129091 525265534 271773238 215952780 32794169 4616256 129091 525265534 301819230 159138 5110181 11075095 13937679 14743394 45025487 159138 5110181 11075095 13937679 14743394 45025487 21672 85030 106702 421909715 346490851 63160012 24848404 15807971 872216953 0.34600 0.34580 0.05160 0.02490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 21,672. 2023 AMOUNT: $ 85,030. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 213571 0 0 213571 0 PART II-B, LINE 1: BGR GOVERNMENT AFFAIRS, LLC PROVIDED BIPARTISAN GOVERNMENT RELATIONS, ADVOCACY, AND STRATEGIC ADVISORY SERVICES TO NOBLEREACH FOUNDATION. SERVICES INCLUDED MONITORING AND ANALYZING FEDERAL, STATE, AND LOCAL LEGISLATIVE AND REGULATORY DEVELOPMENTS, ENGAGING WITH POLICYMAKERS AND CONGRESSIONAL STAKEHOLDERS, FACILITATING INTRODUCTIONS AND RELATIONSHIP-BUILDING WITH GOVERNMENT OFFICIALS, PROVIDING STRATEGIC GUIDANCE ON PUBLIC POLICY MATTERS, AND SUPPORTING THE FOUNDATION'S AWARENESS AND OUTREACH EFFORTS RELATED TO ITS MISSION AND PROGRAMS. BGR ALSO PROVIDED ADVICE REGARDING FEDERAL FUNDING OPPORTUNITIES, POLICY DEVELOPMENTS, AND STAKEHOLDER ENGAGEMENT STRATEGIES RELEVANT TO NOBLEREACH'S OBJECTIVES 781377 459126 322251 1677401 1546276 131125 2584076 2531149 52927 506303 DEFERRED RENT LIABILITY 13978830 OTHER LT LIABILITIES 75424 14054254 X 59761150 33487713 -194096 33293617 26467533 791711 623719 1415430 27882963 25849514 -898802 -898802 26748316 791711 791711 27540027 PART X, LINE 2: NOBLEREACH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT FOR UNRELATED BUSINESS INCOME. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S CONSOLIDATED FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTED FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS EVALUATED AND DETERMINED THERE ARE NO UNRECOGNIZED TAX EXPOSURE OR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS PASSTHROUGH EXPENSE -194,096. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS RENTAL INCOME 623,719. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS PASSTHROUGH EXPENSE -194,096. RECLASS RENTAL INCOME -623,719. INTERCOMPANY TRANSACTION -80,987. 0 NORTH AMERICA 0 0 PROGRAM SERVICES GRANTS 18000 0 0 0 0 0 0 18000 0 18000 NORTH AMERICA GLOBAL CONSORTIUM OF ENTREPRENEURSHIP CENTERS (GCEC), FROM NOBLEREACH FOUNDATION 18000 0 1 0 0 0 0 0 0 0 ANITA BORG INSTITUTE FOR WOMEN AND TECHNOLOGY 2108 N ST 8268 SACRAMENTO CA 95816 770480427 501(C)(3) 10000 0 SPONSORSHIP PROGRAM BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 485 BROADWAY MAIL CODE 8838 REDWOOD CITY CA 94063 941156365 501(C)(3) 35125 0 POST GRADUATE FELLOWSHIPS IN PUBLIC SERVICE GEORGE MASON UNIVERSITY FOUNDATION INC COSTELLO COLLEGE OF BUSINESS FAIRFAX VA 22030 541603842 501(C)(3) 25000 0 COSTELLO COLLEGE OF BUSINESS CORPORATE PARTNERS PROGRAM, FOR THE DEANS OFFICE GEORGETOWN UNIVERSITY OFFICE OF GIFT ADMINISTRATION WASHINGTON DC 20007 530196603 501(C)(3) 200000 0 RAISE NR VISIBILITY BY INCREASING MARKET AWARENESS AND EXPANDING OUR INNOVATION NETWORK. HOWARD UNIVERSITY 2600 SIXTH STREET NW SUITE 236 WASHINGTON DC 20059 530204707 501(C)(3) 16285 0 MBA PROGRAMS. SPONSORSHIP FOR AN EVENT. LATIN AMERICAN YOUTH CENTER 1419 COLUMBIA ROAD NW WASHINGTON DC 20009 521023074 501(C)(3) 10000 0 LAYC GIVE BACK DAY DONATION MCDONOUGH SCHOOL OF BUSINESS 37TH O STREETS NW BOX 571173 WASHINGTON DC 20057 530196603 501(C)(3) 10000 0 SPONSORSHIP FOR GEORGETOWN ENTREPRENEURSHIP VENTURE IN THE CAPITAL SUMMIT MILITARY OFFICERS ASSOCIATION OF AMERICA (MOAA) 201 NORTH WASHINGTON STREET ALEXANDRIA VA 22314 530172821 501(C)(19) 10000 0 SPONSORSHIP, TOTALFORCE+ SUPPORTER NATIONAL HBCU BUSINESS DEANS ROUNDTABLE INC 2172 CANTERBURY LN LISLE IL 60532 721491905 501(C)(3) 30000 0 GOLD PARTNER AT HBCU BUSINESS DEANS ROUNDTABLE SPONSORSHIP PACKAGE. NORTHERN VIRGINIA TECHNOLOGY COUNCIL NVTC FALLS CHURCH VA 22046 621471948 501(C)(6) 12000 0 2025 RISE AND THRIVE SUMMIT SPONSOR, 2025 INTERN RECEPTION SPONSOR, 2025 IMPACT AI SUMMIT SILVER SPONSOR, 2026 TECHTOPIA MAP SPONSOR PURDUE UNIVERSITY PURDUE FOUNDATION DETROIT MI 482772401 356002041 501(C)(3) 602062 0 SUPPORT OF THE UNIVERSITYS UNDERGRADUATE CERTIFICATE IN ENGINEERING FOR PUBLIC SERVICE. SCHMIDT SPECIAL COMPETITIVE STUDIES PROJECT LLC 1550 CRYSTAL DRIVE SUITE 500 ARLINGTON VA 22202 463460261 501(C)(3) 25000 0 SCSP'S AI EXPO SEED AI 507 L ST NW APT 3 WASHINGTON DC 20001 872823586 501(C)(3) 15000 0 SXSW 2025 SPONSORSHIP SOCIETY OF PROFESSIONAL HISPANIC ENGINEERS 13181 CROSSROADS PKWY N STE 220 CITY OF INDUSTRY CA 91746 721549994 501(C)(3) 7200 0 GOV/NON-PROFIT EMPLOYERS NATIONAL CONVENTION AND ADVANCED DEGREE SHOWCASE PER TABLE NATIONAL CONVENTION STUDENT CLUBS OF HBS INC C/O HARVARD BUSINESS SCHOOL SOLDIERS FIELD ROAD TEELE HALL 255 BOSTON MA 02163 571152691 501(C)(3) 15500 0 TECH & NATIONAL SECURITY CONFERENCE THE ASPEN INSTITUTE INC 2300 N ST NW WASHINGTON DC 20037 840399006 501(C)(3) 25000 0 SUPPORTING THE ASPEN STRATEGY GROUP THE INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS INC 445 HOES LANE PISCATAWAY NJ 08854 131656633 501(C)(3) 10000 0 RAZORHACK SPONSORSHIP (GOLD) THE PENNSYLVANIA STATE UNIVERSITY 308 OLD MAIN UNIVERSITY PARK PA 16802 246000376 501(C)(3) 25000 0 CSCR SUPPLY CHAIN SYMPOSIUM. CORPORATE CONTRIBUTION CSCR MULTIPLE PROGRAMS UVA SCHOOL OF DATA SCIENCE C/O STEPHANIE FENTRESS CHARLOTTESVILLE VA 22094 546001796 501(C)(3) 50000 0 DATA SCIENCE INDUSTRY PARTNER PROGRAM WOMEN IN TECHNOLOGY 200 LITTLE FALLS ST SUITE 205 FALLS CHURCH VA 22046 541733222 501(C)(3) 6500 0 LEADERSHIP AWARDS - DESSERT RECEPTION SPONSOR 18 2 X 1 1 X X X X X 0 0 0 1 0 1 0 0 0 ARUN GUPTA CEO AND BOARD DIRECTOR 763439 0 284620 0 2374 0 21227 0 58476 0 1130136 0 0 0 PASQUALE M TAMBURRINO JR COO & TREASURER 375144 0 100325 0 4343 0 24500 0 7691 0 512003 0 0 0 SIMON DAVIDSON SENIOR FELLOW 249823 0 102480 0 2374 0 22523 0 43743 0 420943 0 0 0 LINDA BIXBY OUTGOING EVP, ACADEMIC PARTNERSHIPS 292205 0 78138 0 5647 0 21578 0 16777 0 414345 0 0 0 PETROS KOTIDIS SENIOR COMMERCIALIZATION A 297157 0 93433 0 6119 0 14000 0 0 0 410709 0 0 0 CHARLENE MARINI SR. COMMERCIALIZATION ADVI 277193 0 75525 0 1270 0 22475 0 18320 0 394783 0 0 0 SREENIVAS RAMASWAMY CHIEF INNOVATION OFFICER 362692 0 0 0 1057 0 18208 0 0 0 381957 0 0 0 STEPHANIE DEFINO OUTGOING CFO 163731 0 111625 0 386 0 15573 0 10535 0 301850 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES FIRST CLASS TRAVEL TO ITS CEO AS NECESSARY FOR INTERNATIONAL TRAVEL. PART I, LINE 5 REGULAR FULL-TIME EMPLOYEES MAY BE ELIGIBLE FOR DISCRETIONARY ANNUAL PERFORMANCE BONUSES. THE PURPOSE OF THESE DISCRETIONARY BONUSES IS TO FOCUS, MOTIVATE, AND REWARD EMPLOYEES FOR THE ACHIEVEMENT OF GOALS AND OUTCOMES THAT, IN THE NEAR TERM, ADVANCE THE ORGANIZATION'S MISSION. PART I, LINE 6 REGULAR FULL-TIME EMPLOYEES MAY BE ELIGIBLE FOR DISCRETIONARY ANNUAL PERFORMANCE BONUSES. THE PURPOSE OF THESE DISCRETIONARY BONUSES IS TO FOCUS, MOTIVATE, AND REWARD EMPLOYEES FOR THE ACHIEVEMENT OF GOALS AND OUTCOMES THAT, IN THE NEAR TERM, ADVANCE THE ORGANIZATION'S MISSION. FORM 990, PART VI, SECTION A, LINE 4 DURING 2025 THE ORGANIZING DOCUMENTS WERE UPDATED TO REFLECT THE CHANGE OF THE ORGANIZATION'S NAME TO NOBLEREACH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 AS INDICATED IT THE BY-LAWS, THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT AT ANY ANNUAL OR OTHER MEETING DIRECTORS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS ARE THE SOLE RESPONSIBILITY OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION SUMMARIZES THE INFORMATION TO BE INCLUDED ON THE FORM 990 AND PROVIDES A DRAFT AND SUPPORTING DOCUMENTATION TO A THIRD-PARTY TAX FIRM. THE THIRD-PARTY TAX FIRM REVIEWS AND COMPILES THE DRAFT FORM 990. MANAGEMENT REVIEWS THE DRAFT FORM 990. THE DRAFT FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD, AND THE AUDIT, FINANCE, AND INVESTMENT COMMITTEE IS BRIEFED ON THE DRAFT PRIOR TO SUBMITTING THE FORM 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C UNDER ITS BYLAWS AND CONFLICT OF INTEREST POLICY, THE ORGANIZATION'S DIRECTORS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO DISCLOSE ACTUAL OR APPARENT CONFLICTS OF INTERESTS AND ARE PROHIBITED FROM PARTICIPATING IN AND MUST RECUSE THEMSELVES FROM DECISIONS WHERE THEY MAY HAVE AN APPARENT OR ACTUAL CONFLICT OF INTEREST. FURTHER, THE ORGANIZATION CIRCULATES A SURVEY ANNUALLY TO ITS BOARD AND OFFICERS TO IDENTIFY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE OFFICERS OF THE COMPANY IS DETERMINED ANNUALLY. THE CEO & PRESIDENT PROVIDES AN EVALUATION OF THE PERFORMANCE OF EACH OF THE OFFICERS REPORTING TO HIM AND RECOMMENDS SALARY CHANGES AND BONUSES TO THE HR & COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD CHAIRMAN EVALUATES THE PERFORMANCE OF THE CEO AND REPORTS TO THE HR & COMPENSATION COMMITTEE. IN ADDITION, EVERY THREE YEARS, THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT WHO PROVIDES MARKET DATA ON CASH COMPENSATION AND TOTAL COMPENSATION FROM OTHER COMPANIES IN THE INDUSTRY FOR ALL OF THE OFFICERS AND MAKES RECOMMENDATIONS TO THE COMMITTEE. THE COMMITTEE THEN RECOMMENDS COMPENSATION CHANGES FOR THE OFFICERS TO THE BOARD FOR ITS APPROVAL. ALL VOTING MEMBERS OF THE COMMITTEE ARE INDEPENDENT DIRECTORS. MANAGEMENT RETAINS AN OVERALL SALARY STRUCTURE WITH RANGES FOR VARIOUS POSITIONS BASED ON MARKET DATA THAT IS PERIODICALLY EVALUATED AND UPDATED. FOR OTHER EMPLOYEES OF THE COMPANY (INCLUDING NON-OFFICER KEY EMPLOYEES), MANAGEMENT ANNUALLY PROVIDES AN ANALYSIS OF NATIONAL AND REGIONAL MARKET DATA ON SALARY BUDGET INCREASES AND PROPOSES A SALARY BUDGET POOL FOR THE UPCOMING FISCAL YEAR; THIS IS REVIEWED BY THE HR & COMPENSATION COMMITTEE, AND THEN THE COMMITTEE'S RECOMMENDATION IS REVIEWED AND APPROVED BY THE BOARD. COMPENSATION OF INDIVIDUAL KEY EMPLOYEES IS DETERMINED BY THE OFFICER IN CHARGE IN CONSULTATION WITH EACH EMPLOYEE'S SUPERVISING PROGRAM DIRECTOR OR ADMINISTRATIVE DIRECTOR. DECISIONS ON ANY BONUS POOL ARE MADE BY THE BOARD AFTER THE FISCAL YEAR HAS ENDED AND THE HR & COMPENSATION COMMITTEE REVIEWS THE CORPORATE PERFORMANCE DATA AND MAKES A RECOMMENDATION TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 2,295,292. MANAGEMENT AND GENERAL EXPENSES 903,125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,198,417. THE TAURI GROUP 7940 JONES BRANCH DRIVE TYSONS VA 22102 542021437 GOVT CONSULT DE NOBLEREACH FDN C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0