Civic Intelligence

Nurtureart Non Profit Inc

990 • Fiscal year 2017 • EIN 13-3964559

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 11, 2018

56 Bogart StreetBrooklyn, NY 11206

(718) 782-7755

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$30,547

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-45%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

-4.7%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$57,318

Down $47,468 (-45%) from 2016

Net Assets

Down

$53,505

Down $48,198 (-47%) from 2016

Liabilities

Up

$3,813

Up $730 (+24%) from 2016

Revenue

Down

$223,163

Down $10,894 (-4.7%) from 2016

Expenses

Down

$271,361

Down $8,110 (-2.9%) from 2016

Net Income

Down

-$48,198

Down $2,784 (-6.1%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $75,833Liabilities 2011: $6,9282011Assets 2012: $73,384Liabilities 2012: $8,9552012Assets 2013: $74,853Liabilities 2013: $24,346Net Assets 2013: $50,5072013Assets 2014: $102,042Liabilities 2014: $17,651Net Assets 2014: $84,3912014Assets 2015: $149,936Liabilities 2015: $2,819Net Assets 2015: $147,1172015Assets 2016: $104,786Liabilities 2016: $3,083Net Assets 2016: $101,7032016Assets 2017: $57,318Liabilities 2017: $3,813Net Assets 2017: $53,5052017Assets 2018: $22,349Liabilities 2018: $2,248Net Assets 2018: $20,1012018Assets 2019: $13,356Liabilities 2019: $440Net Assets 2019: $12,9162019Assets 2020: $5,283Liabilities 2020: $0Net Assets 2020: $5,2832020

Highlighted filing

2017

Assets$57,318
Liabilities$3,813
Net Assets$53,505

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $168,634Expenses 2011: $117,881Net Income 2011: $50,7532011Revenue 2012: $144,962Expenses 2012: $149,438Net Income 2012: -$4,4762012Revenue 2013: $166,231Expenses 2013: $180,153Net Income 2013: -$13,9222013Revenue 2014: $246,369Expenses 2014: $211,213Net Income 2014: $35,1562014Revenue 2015: $301,656Expenses 2015: $238,930Net Income 2015: $62,7262015Revenue 2016: $234,057Expenses 2016: $279,471Net Income 2016: -$45,4142016Revenue 2017: $223,163Expenses 2017: $271,361Net Income 2017: -$48,1982017Revenue 2018: $240,489Expenses 2018: $273,893Net Income 2018: -$33,4042018Revenue 2019: $251,357Expenses 2019: $258,542Net Income 2019: -$7,1852019Revenue 2020: $12,670Expenses 2020: $12,801Net Income 2020: -$1312020

Highlighted filing

2017

Revenue$223,163
Expenses$271,361
Net Income-$48,198
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 11, 2018
Return Version
2016v3.0
Gross Receipts
$228,669
Mission and Program Overview

Mission

Nurturing contemporary art by providing exhibition opportunities and resources for emerging artists, curators and local public school students

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,361$47,406▼ $35,955
Accounts Receivable$7,500--
Land, Buildings, and Equipment, Net$7,607$2,812▼ $4,795
Total Assets$104,786$57,318▼ $47,468
Other Assets Total$6,318$7,100▲ $782
Liabilities
Accounts Payable and Accrued Expenses$1,213$2,808▲ $1,595
Other Liabilities$1,870$1,005▼ $865
Total Liabilities$3,083$3,813▲ $730
Net Assets / Fund Balance
Unrestricted Net Assets$94,203$53,505▼ $40,698
Temporarily Rstr Net Assets$7,500--
Total Net Assets Fund Balance$101,703$53,505▼ $48,198
Total Liabilities and Net Assets / Fund Balance$104,786$57,318▼ $47,468

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$106$21,945$22,051
Equipment$2,706$8,810$11,516
Other Land Buildings-$5,049$5,049
Other Assets Org$7,100--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William PenroseExecutive DirectorFT$30,547$30,547
Marco AntoniniExecutive Director FormerFT$25,729$25,729

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$201,138
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$22,025
All Other Contributions
$116,971
Change in Net Assets
$-48,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$159,313
Other Expenses$112,048
Total Fundraising Expense$11,763
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,604$8,777$4,389$87,770
Current Officers, Directors, Trustees, and Key Employees$51,465$6,055$3,027$60,547
Occupancy$38,385$4,516$2,258$45,159
Insurance-$12,464-$12,464
Payroll Taxes$9,346$1,100$550$10,996
All Other Expenses$3,005$4,497$34$7,536
Fees for Services Other-$5,872-$5,872
Other Expenses$5,056$314$157$5,056
Depreciation Depletion$4,076$480$240$4,796
Fees for Services Accounting-$4,700-$4,700
Office Expenses$2,305$271$136$2,712
Advertising$1,125--$1,125
Total Functional Expenses$210,552$49,046$11,763$271,361
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,506
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit$42,467$42,467$5,506$36,961
Total Events$42,467$42,467$5,506$36,961
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Subtenant Security Deposits$1,005
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Upon completion of the 990, it is distributed to the board members and then discussed at the next meeting.

Conflict of interest policy compliance Part VI line 12C

Board members and employees who can influence decisions of the organization are required to review and sign the conflict of interest policy. Any possible conflicts of interest are required to be disclosed to the chief executive or board chair promptly.

CEO executive director top management comp Part VI line 15A

Performance reviews are done annually with various board members providing oversight, consideration of future objectives and review against previously set goals. Compensation is reviewed annually (and periodically) as well and based on changes in job description or expansion of duties. An off cycle adjustment or one time bonus may be authorized by the board. Salaries of outside organizations are reviewed when determining compensation for key staff positions; sometimes by informal conversations with peers in other organizations or by looking at salary data where made available.

Other officer or key employee compensation Part VI line 15B

Procedure is the same as for determining management salaries.

Form 990 availability to public Part VI line 18

The organizations 990 and the nys form char500 are available by request, and can also be accessed on the website for the nys attorney general charities bureau

Governing documents etc available to public Part VI line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Nurtureart Non Profit Inc
EIN
13-3964559
Address
56 BOGART STREET, BROOKLYN, NY 11206

Signing Officer

Name
Laurence Mascera
Title
Treasurer
Phone
7187827755
Signed
2018-01-11
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
11
Employees
20

Preparer

Firm
Skinnon and Faber Cpas Pc
Address
3690 EXPRESSWAY DRIVE SOUTH, Islandia, NY 11749
Preparer
Frank J Faber CPA
Phone
6318511201
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

The accompanying financial statements have been prepared in accordance with financial accounting standards board asc 740-10 (formerly known as fasb interpretation no. 48), which prescribes a comprehensive model for how an organization should measure, recognize, present, and disclose in its financial statements uncertain tax positions that an organization has taken or expects to take on a tax return. Management has determined that there is no impact on the accompanying financial statements as a result of implementation of asc 740-10.

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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06318
IRS990/OtherAssetsTotalGrp/EOYAmt07100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ARTIST AND CURATOR FEES
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2TELEPHONE AND INTERNET
IRS990/OtherExpensesGrp/Desc3INSTALLATIONS AND EXHIBITS
IRS990/OtherExpensesGrp/FundraisingAmt0972
IRS990/OtherExpensesGrp/FundraisingAmt1157
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0314
IRS990/OtherExpensesGrp/ProgramServicesAmt014646
IRS990/OtherExpensesGrp/ProgramServicesAmt13869
IRS990/OtherExpensesGrp/ProgramServicesAmt22670
IRS990/OtherExpensesGrp/ProgramServicesAmt35056
IRS990/OtherExpensesGrp/TotalAmt014646
IRS990/OtherExpensesGrp/TotalAmt14841
IRS990/OtherExpensesGrp/TotalAmt23141
IRS990/OtherExpensesGrp/TotalAmt35056
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt01870
IRS990/OtherLiabilitiesGrp/EOYAmt01005
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0PUBLICATIONS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt090
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16565
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt090
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16565
IRS990/OtherRevenueTotalAmt06655
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04389
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08777
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074604
IRS990/OtherSalariesAndWagesGrp/TotalAmt087770
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0550
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01100
IRS990/PayrollTaxesGrp/ProgramServicesAmt09346
IRS990/PayrollTaxesGrp/TotalAmt010996
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION PROGRAM: THE EDUCATION OUTREACH PROGRAMS PROVIDE ARTS EDUCATION TO K-12 UNDERSERVED PUBLIC SCHOOL STUDENTS AND THEIR TEACHERS. PROGRAMS INCLUDE CLASSES IN PUBLIC SCHOOLS, EXHIBITIONS OF STUDENT ARTWORK, VISITS TO NURTUREART AND OTHER ART SPACES, PROFESSIONAL DEVELOPMENT FOR TEACHERS, AND OTHER COMMUNITY PROJECTS. IT DIRECTLY INVOLVES 250 STUDENTS, 12 CLASSROOM TEACHERS, AND 14 TEACHING ARTISTS, WITH EVENTS THAT SERVE 860 ATTENDEES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt071587
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER PROGRAMS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03790
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MUSE FUSE IS NURTUREARTS SALON STYLE TALK SERIES THAT OFFERS A FORUM FOR THE EXCHANGE OF IDEAS, PROFESSIONAL DEVELOPMENT, AND NETWORKING FOR ARTISTS, CURATORS AND OTHER CULTURAL PRODUCERS. THERE ARE 6 PUBLIC EVENTS WITH ESTIMATED ATTENDANCE OF 400 MEMBERS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03369
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0206035
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0117414
IRS990/PYOtherRevenueAmt028022
IRS990/PYRevenuesLessExpensesAmt0-45414
IRS990/PYSalariesCompEmpBnftPaidAmt0162057
IRS990/PYTotalExpensesAmt0279471
IRS990/PYTotalRevenueAmt0234057
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-48198
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt020876
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt017500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt022500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0158671
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0154291
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0209635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0246288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0154342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0923227
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042467
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt056975
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt068257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0167699
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt06655
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0491
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02860
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt060
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt011828
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt021894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt082
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt020876
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt022300
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt020904
IRS990ScheduleA/OtherIncome509Grp/TotalAmt064080
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71760
IRS990ScheduleA/PublicSupportPY509Pct00.79880
IRS990ScheduleA/PublicSupportTotal509Amt0844625
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt091700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt068750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0107745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0268195
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt091700
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt063750
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt090245
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0245695
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0207793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0211757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0280752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0246348
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0166170
IRS990ScheduleA/Total509Grp/TotalAmt01112820
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0228669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0234057
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0301656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0246369
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0166231
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01176982
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02706
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08810
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011516
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0106
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021945
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt022051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05049
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05049
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SUBTENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOMPANYING FINANCIAL STATEMENTS HAVE BEEN PREPARED IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ASC 740-10 (FORMERLY KNOWN AS FASB INTERPRETATION NO. 48), WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. MANAGEMENT HAS DETERMINED THAT THERE IS NO IMPACT ON THE ACCOMPANYING FINANCIAL STATEMENTS AS A RESULT OF IMPLEMENTATION OF ASC 740-10.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)

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