Civic Intelligence

The Nacs Foundation

990 • Fiscal year 2019 • EIN 54-1723339

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 28, 2022

Organization ProfileWWW.NACSONLINE.COM
1600 Duke StAlexandria, VA 22314

(703) 684-3600

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

100th percentile

$4,038,414

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 279.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

11th percentile

-10%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

417%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$224,200

Down $26,242 (-10%) from 2018

Net Assets

Down

$224,200

Down $26,242 (-10%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin34th percentile

Revenue

Up

$1,444,862

Up $1,165,548 (+417%) from 2018

Expenses

Up

$1,470,372

Up $480,163 (+48%) from 2018

Net Income

Up

-$25,510

Up $685,385 (+96%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $431,421Liabilities 2010: $13,5682010Assets 2011: $396,996Liabilities 2011: $353Net Assets 2011: $396,6432011Assets 2012: $428,841Liabilities 2012: $0Net Assets 2012: $428,8412012Assets 2013: $379,656Liabilities 2013: $934Net Assets 2013: $378,7222013Assets 2014: $2,809,515Liabilities 2014: $0Net Assets 2014: $2,809,5152014Assets 2015: $2,606,888Liabilities 2015: $47,320Net Assets 2015: $2,559,5682015Assets 2016: $1,977,116Liabilities 2016: $51,697Net Assets 2016: $1,925,4192016Assets 2017: $1,215,966Liabilities 2017: $257,573Net Assets 2017: $958,3932017Assets 2018: $250,442Liabilities 2018: $0Net Assets 2018: $250,4422018Assets 2019: $224,200Liabilities 2019: $0Net Assets 2019: $224,2002019Assets 2020: $198,600Liabilities 2020: $0Net Assets 2020: $198,6002020Assets 2021: $200,987Liabilities 2021: $29,316Net Assets 2021: $171,6712021Assets 2022: $519,274Liabilities 2022: $377,464Net Assets 2022: $141,8102022Assets 2023: $161,152Liabilities 2023: $2,650Net Assets 2023: $158,5022023Assets 2024: $368,681Liabilities 2024: $205,191Net Assets 2024: $163,4902024

Highlighted filing

2019

Assets$224,200
Liabilities$0
Net Assets$224,200
Open 2019 Filing

Operations Trend

Revenue Growth98th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $126,408Expenses 2010: $30,194Net Income 2010: $96,2142010Revenue 2011: $17,985Expenses 2011: $39,195Net Income 2011: -$21,2102011Revenue 2012: $70,247Expenses 2012: $38,049Net Income 2012: $32,1982012Revenue 2013: $31,002Expenses 2013: $81,121Net Income 2013: -$50,1192013Revenue 2014: $2,469,090Expenses 2014: $38,297Net Income 2014: $2,430,7932014Revenue 2015: $45,572Expenses 2015: $276,595Net Income 2015: -$231,0232015Revenue 2016: $53,626Expenses 2016: $700,411Net Income 2016: -$646,7852016Revenue 2017: $41,542Expenses 2017: $1,011,869Net Income 2017: -$970,3272017Revenue 2018: $279,314Expenses 2018: $990,209Net Income 2018: -$710,8952018Revenue 2019: $1,444,862Expenses 2019: $1,470,372Net Income 2019: -$25,5102019Revenue 2020: $1,554,702Expenses 2020: $1,582,922Net Income 2020: -$28,2202020Revenue 2021: $1,469,046Expenses 2021: $1,493,776Net Income 2021: -$24,7302021Revenue 2022: $1,105,518Expenses 2022: $1,123,315Net Income 2022: -$17,7972022Revenue 2023: $1,466,696Expenses 2023: $1,458,593Net Income 2023: $8,1032023Revenue 2024: $1,243,402Expenses 2024: $1,238,233Net Income 2024: $5,1692024

Highlighted filing

2019

Revenue$1,444,862
Expenses$1,470,372
Net Income-$25,510
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 28, 2022
Return Version
2019v5.2
Gross Receipts
$1,444,862
Mission and Program Overview

Mission

To educate its members and the public on issues affecting the convenience store industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$68,050$200,603▲ $132,553
Accounts Receivable$106,187$15,216▼ $90,971
Prepaid Expenses and Deferred Charges-$10,478-
Cash and Non-Interest-Bearing Accounts$76,205$-2,097▼ $78,302
Total Assets$250,442$224,200▼ $26,242
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$250,442$224,200▼ $26,242
Total Net Assets Fund Balance$250,442$224,200▼ $26,242
Total Liabilities and Net Assets / Fund Balance$250,442$224,200▼ $26,242
Compensation and Service Providers
Top Officer Pay100th percentile

Board Members and Trustees

NameTitle
Julie JackowskiChair (beg 10/19)
Frank GleesonChair (thru 10/19)
Andy JonesTrustee
Donald Richard RhoadsTrustee
Henry ArmourTrustee
Jared ScheelerTrustee
Jose Victor Pardo PaternoTrustee
Joseph SheetzTrustee
Ken ParentTrustee
Kevin SmarttTrustee
LISA DELL'ALBATrustee
Scott SinderTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Bates Creative Group Llcdba Beyond DefiConsulting And Marketing Strategy8505 FENTON STREET SUITE 212, Silver Spring, MD 20910$223,692
Revenue and Support

Revenue Composition

Contributions and Grants
$1,440,820
Program Service Revenue
$0
Investment Income
$4,042
Other Revenue
$0
All Other Contributions
$1,440,820
Change in Net Assets
$-25,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,376,196
Grants and Similar Amounts Paid$94,176
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$223,692--$223,692
Grants to Domestic Orgs$65,000--$65,000
Grants to Domestic Individuals$29,176--$29,176
Other Expenses$1,150,990$423-$423
Total Functional Expenses$1,468,858$1,514$0$1,470,372
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Fuels InstituteAlexandria, VA501c4Program Support$65,000
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is reviewed by nacs' cfo and ceo before it is filed. In addition, the audit committee and the board of directors are provided a copy of the form before the final version is filed.”

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

“Foundation board members review conflict of interest policy at each board meeeting.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and financial statements are made avaiable to the public upon request.”

FORM 990, PART VII, LINE 1A:

“Reason for filing amended return - the form 990 filed by the foundation for 2019 mistakenly reported compensation paid to an individual listed as a member of the governing body of the foundation, however, that person received no compensation from the foundation but was paid by a related organization. The compensation was incorrectly reported in form 990, part vii, column (d) as having been paid by the organization. The compensation should have been reported in column (e) as paid by a related organization. The related organization, the national association of convenience stores, reported the compensation on form 4720 for tax year 2019 and paid the entire balance of excuse tax due.”

Filing and Contact Details

Filer

Filer Name
The Nacs Foundation
EIN
54-1723339
Phone
7036843600
Address
1600 DUKE ST, ALEXANDRIA, VA 22314

Signing Officer

Name
Henry O Armour
Title
President & CEO
Phone
7036843600
Signed
2022-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry O Armour
Formed
1994
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Rsm US Llp
Address
1861 INTERNATIONAL DRIVE SUITE 400, MCLEAN, VA 22102
Preparer
Frederick Longwood
Phone
7033366400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process for selecting an independent accountant has not changed.”

Raw XML AppendixShowing 400 of 517 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/PrincipalOfficerNm0HENRY O ARMOUR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE SCHOLARSHIP PROGRAM IS AN ENDOWMENT TO PROVIDE HIGHER EDUCATION OPPORTUNITIES TO SUPPORT AND PROMOTE EXCELLENCE IN RETAILING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028407
IRS990/ProgSrvcAccomActy2Grp/GrantAmt028407
IRS990/ProgSrvcAccomActy3Grp/Desc0THE INTERNSHIP PROGRAM'S PURPOSE TO BROADEN PUBLIC KNOWLEDGE OF THE CONVENIENCE STORE INDUSTRY AND ENHANCE SUPPORT OF NACS' MISSION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0769
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0769
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0275825
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0686511
IRS990/PYInvestmentIncomeAmt03489
IRS990/PYOtherExpensesAmt0303698
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-710895
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0990209
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0279314
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-25510
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DETERMINATION IS MADE ON A CONTINUAL BASIS THROUGH THE MONITORING OF SUPPORTED ORGANIZATION REVENUES AND INVESTMENT INCOME, IN ACCORDANCE WITH THE REQUIREMENTS OF THE SECTION 509(A)(2) PUBLIC SUPPORT TEST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATION DOES NOT PROVIDE DIRECT SUPPORT TO ITS SUPPORTED ORGANIZATION. RATHER, IT PURSUES CHARITABLE PURPOSES THAT FURTHER THE EDUCATIONAL CHARITABLE PURPOSES OF THE ORGANIZATION IT SUPPORTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0952237749
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NATIONAL ASSOCIATION OF CONVENIENCE STORES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028407
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1769
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1INTERN SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/RecipientTable/CashGrantAmt065000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C4
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE FUELS INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientEIN0462083021
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01600 DUKE STREET SUITE 700
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ALEXANDRIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022314
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAILS CHECKS DIRECTLY TO COLLEGES AND UNIVERSITIES ON RECIPIENT'S BEHALF.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01463454
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt02505939
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt037000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt035836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HENRY ARMOUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt04042229
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY NACS' CFO AND CEO BEFORE IT IS FILED. IN ADDITION, THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM BEFORE THE FINAL VERSION IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FOUNDATION BOARD MEMBERS REVIEW CONFLICT OF INTEREST POLICY AT EACH BOARD MEEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAIABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REASON FOR FILING AMENDED RETURN - THE FORM 990 FILED BY THE FOUNDATION FOR 2019 MISTAKENLY REPORTED COMPENSATION PAID TO AN INDIVIDUAL LISTED AS A MEMBER OF THE GOVERNING BODY OF THE FOUNDATION, HOWEVER, THAT PERSON RECEIVED NO COMPENSATION FROM THE FOUNDATION BUT WAS PAID BY A RELATED ORGANIZATION. THE COMPENSATION WAS INCORRECTLY REPORTED IN FORM 990, PART VII, COLUMN (D) AS HAVING BEEN PAID BY THE ORGANIZATION. THE COMPENSATION SHOULD HAVE BEEN REPORTED IN COLUMN (E) AS PAID BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION, THE NATIONAL ASSOCIATION OF CONVENIENCE STORES, REPORTED THE COMPENSATION ON FORM 4720 FOR TAX YEAR 2019 AND PAID THE ENTIRE BALANCE OF EXCUSE TAX DUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII, LINE 1A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NACS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NACS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NATIONAL ASSOCIATION OF CONVENIENCE STORES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CONEXXUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2FUELS INSTITUTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0952237749
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1800078994
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2462083021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(6)

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$224,200
Liabilities
$0
Net assets
$224,200
Revenue
$1,444,862
Expenses
$1,470,372
Net income
-$25,510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.21$0.16$1.24$1.24$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.47$1.46$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.38$0.14$1.11$1.12$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$1.47$1.49$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.55$1.58$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.44$1.47$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.28$0.99$0.71
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.26$0.96$0.04$1.01$0.97
2016Detailed filing. Detailed filing data is available for this year.$1.98$0.05$1.93$0.05$0.70$0.65
2015Summary only. Only limited summary data is available for this year.$2.61$0.05$2.56$0.05$0.28$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$2.47$0.04$2.43
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.03$0.08$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$0.07$0.04$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.02$0.04$0.02
2010Summary only. Only limited summary data is available for this year.$0.43$0.01$0.13$0.03$0.10