Civic Intelligence

American Political Science Association

EIN 53-0200001 • 501(c)3 • Washington, DC

Profile

The american political science association ("apsa") enables political scientists to join together to create an environment conducive to teaching, research, and practice in all fields of political science and to ensure the necessary support for the discipline to thrive. This independent, self-governing society is committed to fostering the study of politics, strengthening the profession, and providing an organizational mechanism to serve its members as well as, more generally, political scientists and the broader public. Apsa's values include deep and honest scholarship, teaching that enhances understanding of and participation in politics and government, and academic freedom to investigate political issues without interference.

1527 New Hampshire Avenue NWWashington, DC 20036

www.apsanet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.05x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.37x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

16th percentile

-9.4%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$241,498

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$62,990,493

Up $7,334,125 (+13%) from 2023

Liabilities

Up

$3,370,630

Up $143,986 (+4.5%) from 2023

Net Assets

Up

$59,619,863

Up $7,190,139 (+14%) from 2023

Revenue

Up

$9,087,562

Up $1,399,273 (+18%) from 2023

Expenses

Up

$9,941,766

Up $1,105,085 (+13%) from 2023

Net Income

Up

-$854,204

Up $294,188 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $25,987,566Liabilities 2010: $5,113,814Net Assets 2010: $20,873,7522010Assets 2011: $24,715,224Liabilities 2011: $4,793,756Net Assets 2011: $19,921,4682011Assets 2012: $29,924,828Liabilities 2012: $5,858,188Net Assets 2012: $24,066,6402012Assets 2013: $33,543,575Liabilities 2013: $6,112,263Net Assets 2013: $27,431,3122013Assets 2014: $36,367,290Liabilities 2014: $5,172,247Net Assets 2014: $31,195,0432014Assets 2015: $35,165,384Liabilities 2015: $4,908,380Net Assets 2015: $30,257,0042015Assets 2016: $37,610,082Liabilities 2016: $4,620,922Net Assets 2016: $32,989,1602016Assets 2017: $41,311,161Liabilities 2017: $3,780,825Net Assets 2017: $37,530,3362017Assets 2018: $46,615,556Liabilities 2018: $4,078,995Net Assets 2018: $42,536,5612018Assets 2019: $47,345,655Liabilities 2019: $4,609,251Net Assets 2019: $42,736,4042019Assets 2020: $50,816,738Liabilities 2020: $5,259,739Net Assets 2020: $45,556,9992020Assets 2021: $62,328,253Liabilities 2021: $3,506,410Net Assets 2021: $58,821,8432021Assets 2022: $48,447,949Liabilities 2022: $3,070,584Net Assets 2022: $45,377,3652022Assets 2023: $55,656,368Liabilities 2023: $3,226,644Net Assets 2023: $52,429,7242023Assets 2024: $62,990,493Liabilities 2024: $3,370,630Net Assets 2024: $59,619,8632024

Highlighted filing

2024

Assets$62,990,493
Liabilities$3,370,630
Net Assets$59,619,863

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $5,532,6562010Expenses 2011: $5,996,0082011Revenue 2012: $6,121,660Expenses 2012: $5,719,546Net Income 2012: $402,1142012Revenue 2013: $6,726,970Expenses 2013: $6,777,072Net Income 2013: -$50,1022013Revenue 2014: $7,971,793Expenses 2014: $6,304,386Net Income 2014: $1,667,4072014Revenue 2015: $7,029,182Expenses 2015: $6,218,466Net Income 2015: $810,7162015Revenue 2016: $7,018,448Expenses 2016: $6,953,195Net Income 2016: $65,2532016Revenue 2017: $7,500,527Expenses 2017: $6,608,922Net Income 2017: $891,6052017Revenue 2018: $9,647,911Expenses 2018: $7,087,434Net Income 2018: $2,560,4772018Revenue 2019: $7,840,708Expenses 2019: $7,740,534Net Income 2019: $100,1742019Revenue 2020: $7,939,452Expenses 2020: $7,385,296Net Income 2020: $554,1562020Revenue 2021: $29,693,296Expenses 2021: $8,629,437Net Income 2021: $21,063,8592021Revenue 2022: $7,759,218Expenses 2022: $9,749,409Net Income 2022: -$1,990,1912022Revenue 2023: $7,688,289Expenses 2023: $8,836,681Net Income 2023: -$1,148,3922023Revenue 2024: $9,087,562Expenses 2024: $9,941,766Net Income 2024: -$854,2042024

Highlighted filing

2024

Revenue$9,087,562
Expenses$9,941,766
Net Income-$854,204

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.0$3.37$59.6$9.09$9.94$0.85
2023Summary only. Only limited summary data is available for this year.$55.7$3.23$52.4$7.69$8.84$1.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.4$3.07$45.4$7.76$9.75$1.99
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.3$3.51$58.8$29.7$8.63$21.1
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.8$5.26$45.6$7.94$7.39$0.55
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.3$4.61$42.7$7.84$7.74$0.10
2018Summary only. Only limited summary data is available for this year.$46.6$4.08$42.5$9.65$7.09$2.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.3$3.78$37.5$7.50$6.61$0.89
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.6$4.62$33.0$7.02$6.95$0.07
2015Detailed filing. Detailed filing data is available for this year.$35.2$4.91$30.3$7.03$6.22$0.81
2014Detailed filing. Detailed filing data is available for this year.$36.4$5.17$31.2$7.97$6.30$1.67
2013Summary only. Only limited summary data is available for this year.$33.5$6.11$27.4$6.73$6.78$0.05
2012Summary only. Only limited summary data is available for this year.$29.9$5.86$24.1$6.12$5.72$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$4.79$19.9$6.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$5.11$20.9$5.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$11,340,053
Mission and Program Overview

Mission

The american political science association ("apsa") enables political scientists to join together to create an environment conductive to teaching, research, and practice in all fields of political science and to ensure the necessary support for the discipline to thrive. This independent, self-governing society is committed to fostering the study of politics, strengthening the profession, and providing an organizational mechanism to serve its members as well as, more generally, political scientists and the broader public. Apsa's values include deep and honest scholarship, teaching that enhances understanding of and participation in politics and government, and academic freedom to investigate political issues without interference.

The leading professional organization for the study of political science.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,764,293$57,164,713▲ $6,400,420
Land, Buildings, and Equipment, Net$4,146,105$4,030,653▼ $115,452
Accounts Receivable$164,656$1,071,687▲ $907,031
Cash and Non-Interest-Bearing Accounts$196,050$431,666▲ $235,616
Prepaid Expenses and Deferred Charges$126,411$217,694▲ $91,283
Savings and Temporary Cash Investments$51,615$51,958▲ $343
Intangible Assets$40,000$0▼ $40,000
Inventories for Sale or Use$880$880→ $0
Pledges and Grants Receivable$155,198$429▼ $154,769
Total Assets$55,656,368$62,990,493▲ $7,334,125
Other Assets Total$11,160$20,813▲ $9,653
Liabilities
Deferred Revenue$1,890,175$2,424,600▲ $534,425
Accounts Payable and Accrued Expenses$1,172,030$914,821▼ $257,209
Mortgage Notes Payable Secured by Investment Property$138,730$0▼ $138,730
Other Liabilities$25,709$31,209▲ $5,500
Total Liabilities$3,226,644$3,370,630▲ $143,986
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$36,124,631▲ $36,124,631
Net Assets Without Donor Restrictions$52,429,724$23,495,232▼ $28,934,492
Total Net Assets Fund Balance$52,429,724$59,619,863▲ $7,190,139
Total Liabilities and Net Assets / Fund Balance$55,656,368$62,990,493▲ $7,334,125

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,458,132$3,118,509$6,576,641
Other Land Buildings$0$1,324,321$1,324,321
Land$572,521-$572,521
Equipment$0$39,625$39,625

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$25,851,511$3,251▲ $4,307,043$435,481$29,726,324
2023$21,569,582$1,830▲ $4,687,476$407,377$25,851,511
2022$27,181,169$1,496▼ $5,166,304$446,779$21,569,582
2021$22,985,671$1,835▲ $4,597,988$404,325$27,181,169
2020$18,842,625$4,630▲ $4,409,311$270,895$22,985,671
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven Rathgeb SmithExecutive Director (until September)FT$209,834$31,664$241,498
Kimberly a Mealy Sr Dir(until Sep)/exec. Director (as of Sept.)FT$198,864$30,756$229,620
Daniel GibsonSr. Director, CommunicationsFT$155,556$31,007$186,563
Stephen J StoupaDirector of Finance & AdministrationFT$165,058$17,776$182,834
Jon GurstelleSr. Director, PublicationsFT$140,241$28,735$168,976
Michelle AllendoerferSr. Director, Teaching & LearningFT$112,067$27,122$139,189
Andrew Stinson Sr DirGRANT INITIATIVES & INT'L PROG.FT$108,275$25,735$134,010

Board Members and Trustees

NameTitle
Mark WarrenPast President
Taeku LeePresident
Susan StokesPresident Elect (as of Sept.)
Caroline TolbertVice President (as of Sept.)
Juliet HookerVice President (as of Sept.)
Vincent HutchingsVice President (as of Sept.)
Cameron ThiesVice President (until Sept)
James DruckmanVice President (until Sept)
Lilly GorenVice President (until Sept)
Alice KangCouncil
Alison MccartneyCouncil
Aseem PrakashCouncil
Bassel SalloukhCouncil
Candis Watts SmithCouncil
Christina SchneiderCouncil
Daniel NielsonCouncil
Erica Townsend-bellCouncil
Jason CasellasCouncil
Julia AzariCouncil
Leigh JencoCouncil
Michael GoodhartCouncil
Pearl DoweCouncil
Shatema ThreadcraftCouncil
Susan McwilliamsCouncil
Tamir MoustafaCouncil
Anna Grzymala-busseCouncil (as of Sept.)
Cherie StrachanCouncil (as of Sept.)
Julie MuellerCouncil (as of Sept.)
Lonna AtkesonCouncil (as of Sept.)
Melissa RogersCouncil (as of Sept.)
Nadia BrownCouncil (as of Sept.)
Sara RushingCouncil (as of Sept.)
Stacie GoddardCouncil (as of Sept.)
Costas PanagopoulosCouncil (until Sept.)
Eileen M HuntCouncil (until Sept.)
Khalilah Brown-deanCouncil (until Sept.)
Mary MchughCouncil (until Sept.)
Raymond FoxworthCouncil (until Sept.)
Sara MitchellCouncil (until Sept.)
Scott DesposatoCouncil (until Sept.)
Terri GivensCouncil (until Sept.)
Sara Wallace GoodmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lumens Audio VisualAnnual Meeting Services6626 WABASH STREET, Chino, CA 91710, Sn$555,839
Marriott International INCAnnual Meeting Space ProviderPO BOX 402642, Atlanta, GA 30384-2642$295,723
Northwestern UniversityEditor633 CLARK STREET, Evanston, IL 60208$213,177
Multiplier Technologies Pte LtdPeo Payroll Provider1101 ARCH STREET, Philadelphia, PA 19107$130,528
Pennsylvania Convention Center AuthorityAnnual Meeting Space Provider-$124,004
Revenue and Support

Revenue Composition

Contributions and Grants
$858,588
Program Service Revenue
$4,437,230
Investment Income
$1,741,624
Other Revenue
$2,050,120
All Other Contributions
$858,588
Change in Net Assets
$-854,204

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,042,562
Revenue Not Reported on Financial Statements
$45,000
Revenue Not Reported on Form 990
$6,824,913
Total Revenue per Audited Statements
$15,867,475
Total Revenue per Form 990
$9,087,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,242,683
Salaries, Compensation, and Employee Benefits$4,160,029
Grants and Similar Amounts Paid$1,539,054
Total Fundraising Expense$122,366
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,325,293$334,383$57,311$2,716,987
Grants to Domestic Individuals$1,465,474--$1,465,474
Fees for Services Other$1,144,565$216,367$5,031$1,365,963
Conferences and Meetings$1,136,287$7,304-$1,143,591
Current Officers, Directors, Trustees, and Key Employees$315,332$314,470$24,150$653,952
Travel$397,327$42,617-$439,944
Other Employee Benefits$242,458$52,057$6,310$300,825
Payroll Taxes$205,987$48,649$6,206$260,842
Office Expenses$186,627$48,998$5,022$240,647
Pension Plan Contributions$196,100$26,322$5,001$227,423
Depreciation Depletion$199,365$17,877$5,889$223,131
Occupancy$161,861$17,429$4,254$183,544
Information Technology$124,487$1,878-$126,365
Fees for Services Legal-$88,327-$88,327
Insurance$69,542$4,034$1,984$75,560
Foreign Grants$73,580--$73,580
Fees for Service Investment Mgmnt Fees-$45,000-$45,000
Other Expenses$28,269$38,678$1,166$38,678
Fees for Services Accounting$1,545$33,983-$35,528
All Other Expenses$2,971$6,225-$9,196
Advertising$3,784--$3,784
Interest$1,476$86$42$1,604
Total Functional Expenses$8,458,314$1,361,086$122,366$9,941,766

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,999,250
Total Expenses per Form 990$9,941,766
Expenses per Audited Statements$9,896,766
Expenses Not Reported on Form 990$102,484
Expenses Not Reported on Financial Statements$45,000
International Activity

International Summary

Offices
0
Employees
1
Spending
$296,156

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesPanel Leadership and Support01$113,907
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesWorkshop Leadership and Mentorship00$58,831
North America (canada and Mexico, But Not the United States)Program ServicesWorkshop Leadership, Roundtable Participation, and Meeting Housing00$46,338
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantsServices for Workshop Leaders00$28,687
North America (canada and Mexico, But Not the United States)GrantsServices for Workshop Leaders00$17,398
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Grants-00$16,109
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,GrantsWorkshop Leadership, Roundtable Participation, and Publications Editorial Support00$7,986
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Grants-00$2,000
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program Services-00$1,400
South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador,Program Services-00$1,300
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Grants-00$800
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Grants-00$600
Russia and Neighboring States - Armenia, Azerbijan, Belarus,Program Services-00$500
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Program ServicesSection Newsletter Support00$300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Subtenant Deposits$31,209
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Residing in over 80 countries worldwide, the american political science association is the world's largest professional association dedicated to the study of politics. Through apsa's extraordinary range of programs and services for individuals, departments, and institutions, the association brings together political scientists from all fields of inquiry, regions, and occupational endeavors to expand our awareness and understanding of political life.

Form 990, Part VI, Section A, Line 7A

Selection process a. Nominees for officers and at-large members of the council are named by the nominating committee, or by petition of 50 members on the record date delivered to the president at least 60 days prior to the date of voting as set in this section. B. Individual members of the association elect council members and officers by electronic ballot as prescribed by article iii section 2 and in the policies manual. C. The vote for council members and officers takes place at the time announced on the association's website. D. The names of the nominees being proposed by the nominating committee and by members through petition will be announced to the membership as prescribed in the policies manual no less than 30 days before the vote takes place. Term of office newly elected officers and members of the council take office immediately following the conclusion of the annual business meeting which follows the date of their election and serve for the term provided in these bylaws and until a successor is selected as described in these bylaws.

Form 990, Part VI, Section A, Line 7B

A. The annual business meeting of the members will normally be held at the time of the annual meeting of the association. B. The purposes of the annual business meeting of members are to hear reports from the officers of the association, and to propose, discuss, and vote on matters of importance to the association, which may include resolutions to be voted on by a ballot of the membership as provided in the policies manual. C. Notice of the time and place of the annual business meeting will normally be given along with the announcement of the annual meeting of the association during the preceding annual meeting. If circumstances prevent providing notice in this way or require a change in the time and place of a pending annual business meeting, the council will provide for notice to be transmitted to all members no more than 60 days and no less than 21 days prior to new date of the meeting.

Form 990, Part VI, Section B, Line 11B

After a first review by corporate officers, a copy of the form 990 is made available to the council for their review prior to filing with the internal revenue service. The council members are instructed to contact the executive director or finance director if they have any questions regarding the return. After a reasonable period, the forms are filed if there are no further questions.

Form 990, Part VI, Section B, Line 12C

The organization's conflict of interest policy requires all members of the council including officers to complete a conflict of interest disclosure as part of the council orientation process to monitor and enforce compliance with the policy. Oversight of the process is performed by the staff liaison to the council (the program associate for governance) under the direction of the executive director.

Form 990, Part VI, Section B, Line 15

A written employment contract was established upon the hiring of the executive director. It is reviewed on a five-year basis by the president and the executive committee. The compensation of the executive director is reviewed and approved by the president and the executive committee, if persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. The compensation of the executive director is reviewed and approved using comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations to ensure executive compensation remains within fair market range for the industry. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
American Political Science Association
EIN
53-0200001
Phone
2024832512
Address
1527 NEW HAMPSHIRE AVENUE NW, WASHINGTON, DC 20036

Signing Officer

Name
Kimberly a Mealy
Title
Executive Director
Phone
2024832512
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kimberly a Mealy
Formed
1951
Legal Domicile
Dc
Voting Board Members
31
Independent Board Members
31
Employees
41
Volunteers
42

Preparer

Firm
Han Group LLC
Address
1020 19TH STREET NW SUITE 800, WASHINGTON, DC 20036
Preparer
Jennifer S Han
Phone
2022937000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Honoraria/editorial support: program service expenses 676,024. Management and general expenses 5,145. Fundraising expenses 0. Total expenses 681,169. Consultant services: program service expenses 468,541. Management and general expenses 202,023. Fundraising expenses 5,031. Total expenses 675,595. Payroll services: program service expenses 0. Management and general expenses 8,180. Fundraising expenses 0. Total expenses 8,180. Staff recruitment: program service expenses 0. Management and general expenses 1,019. Fundraising expenses 0. Total expenses 1,019.

FORM 990, PART XI, LINE 9:

Swap value adjustment -1,709.

PART XII, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART II, LINE 9:

The easement has been in place since 1982 and was in place when apsa purchased the building. Therefore, the easement is included in the purchase price. There is no related revenue or expense recorded.

PART V, LINE 4:

The endowment holds funds intended for the long-term support and growth of the congressional fellowship program. These are funds the association wishes to grow over the long term consistent with appropriate reasonable risk. The portfolio is managed by an outside investment professional, and is overseen by the investment committee, under guidelines established in an agreement between the association and verizon. Assets are reallocated quarterly as advised by the outside investment professional in accordance with the association's approved investment policy.

PART X, LINE 2:

The association follows the authoritative guidance relating to accounting for uncertainty in income taxes included in asc topic 740, income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized on an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. It is the association's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expenses. The association performed an evaluation of uncertain tax positions for the years ended december 31, 2024, and 2023, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. The statute of limitations generally remains open for three tax years with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the association files tax returns.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Swap value adjustment -1,709. Rental expense 102,484.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 102,484.

Raw XML AppendixShowing 400 of 1,327 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/AccountsReceivableGrp/EOYAmt01071687
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