Civic Intelligence

Ndsc Foundation Inc.

990 • Fiscal year 2022 • EIN 58-2171570

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2024

30 Mansell Court 108Roswell, GA 30076

(770) 604-9500

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$2,744,905

Down $689,191 (-20%) from 2021

Net Assets

Down

$2,736,655

Down $697,441 (-20%) from 2021

Liabilities

Up

$8,250

Up $8,250 from 2021

Revenue And Expenses

Revenue

Down

$63,890

Down $266,495 (-81%) from 2021

Expenses

Down

$126,835

Down $85,486 (-40%) from 2021

Net Income

Down

-$62,945

Down $181,009 (-153%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,417,481Liabilities 2010: $8,965Net Assets 2010: $2,408,5162010Assets 2011: $2,261,406Liabilities 2011: $8,589Net Assets 2011: $2,252,8172011Assets 2012: $2,336,452Liabilities 2012: $8,833Net Assets 2012: $2,327,6192012Assets 2013: $2,548,652Liabilities 2013: $9,396Net Assets 2013: $2,539,2562013Assets 2014: $2,580,662Liabilities 2014: $0Net Assets 2014: $2,580,6622014Assets 2015: $2,474,721Liabilities 2015: $0Net Assets 2015: $2,474,7212015Assets 2016: $2,563,809Liabilities 2016: $0Net Assets 2016: $2,563,8092016Assets 2017: $2,823,559Liabilities 2017: $0Net Assets 2017: $2,823,5592017Assets 2018: $2,517,964Liabilities 2018: $17,000Net Assets 2018: $2,500,9642018Assets 2019: $2,940,589Liabilities 2019: $17,000Net Assets 2019: $2,923,5892019Assets 2020: $3,179,544Liabilities 2020: $28,000Net Assets 2020: $3,151,5442020Assets 2021: $3,434,096Liabilities 2021: $0Net Assets 2021: $3,434,0962021Assets 2022: $2,746,814Liabilities 2022: $0Net Assets 2022: $2,746,8142022Assets 2022: $2,744,905Liabilities 2022: $8,250Net Assets 2022: $2,736,6552022Assets 2023: $2,656,678Liabilities 2023: $29,750Net Assets 2023: $2,626,9282023Assets 2024: $2,905,489Liabilities 2024: $0Net Assets 2024: $2,905,4892024

Highlighted filing

2022

Assets$2,744,905
Liabilities$8,250
Net Assets$2,736,655

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $120,3072010Expenses 2011: $203,5172011Expenses 2012: $190,1602012Revenue 2013: $204,980Expenses 2013: $178,768Net Income 2013: $26,2122013Revenue 2014: $433,243Expenses 2014: $111,921Net Income 2014: $321,3222014Revenue 2015: $136,682Expenses 2015: $123,070Net Income 2015: $13,6122015Revenue 2016: $77,284Expenses 2016: $108,626Net Income 2016: -$31,3422016Revenue 2017: $167,591Expenses 2017: $169,293Net Income 2017: -$1,7022017Revenue 2018: $184,332Expenses 2018: $166,397Net Income 2018: $17,9352018Revenue 2019: $110,890Expenses 2019: $116,640Net Income 2019: -$5,7502019Revenue 2020: $228,834Expenses 2020: $188,081Net Income 2020: $40,7532020Revenue 2021: $330,385Expenses 2021: $212,321Net Income 2021: $118,0642021Revenue 2022: -$537,058Expenses 2022: $150,224Net Income 2022: -$687,2822022Revenue 2022: $63,890Expenses 2022: $126,835Net Income 2022: -$62,9452022Revenue 2023: $203,884Expenses 2023: $552,901Net Income 2023: -$349,0172023Revenue 2024: $488,586Expenses 2024: $156,053Net Income 2024: $332,5332024

Highlighted filing

2022

Revenue$63,890
Expenses$126,835
Net Income-$62,945
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2024
Return Version
2022v5.0
Gross Receipts
$119,224
Mission and Program Overview

Mission

Provide financial assistance to the national down syndrome congress, a 501(c)(3) organization, by acquiring, holding, investing, and distributing funds for national down syndrome congress.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,226,107$2,714,243▼ $511,864
Cash and Non-Interest-Bearing Accounts$205,989$30,662▼ $175,327
Total Assets$3,434,096$2,744,905▼ $689,191
Other Assets Total$2,000$0▼ $2,000
Liabilities
Other Liabilities$0$8,250▲ $8,250
Total Liabilities$0$8,250▲ $8,250
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,166,775$1,717,901▼ $448,874
Net Assets Without Donor Restrictions$1,267,321$1,018,754▼ $248,567
Total Net Assets Fund Balance$3,434,096$2,736,655▼ $697,441
Total Liabilities and Net Assets / Fund Balance$3,434,096$2,744,905▼ $689,191

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,714,243--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$3,420,050$20,150▼ $586,539$97,990$2,755,671
2021$3,138,540$30,000▲ $383,488$131,978$3,420,050
2020$2,911,428$25,000▲ $372,401$170,289$3,138,540
2019$2,500,964$5,000▲ $515,412$109,948$2,911,428
2018$2,823,559$20,000▼ $192,900$149,695$2,500,964
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$23,650
Program Service Revenue
$0
Investment Income
$40,240
Other Revenue
$0
All Other Contributions
$150
Change in Net Assets
$-62,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,835
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$93,600--$93,600
Fees for Service Investment Mgmnt Fees$18,192--$18,192
Fees for Services Accounting$15,043--$15,043
Total Functional Expenses$126,835$0$0$126,835
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ndsc$8,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 A, Line 7A

The board of directors of ndsc appoints individuals to the board of trustees of ndsc foundation. The board of ndsc foundation then elects the officers.

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

Before the amended form 990 is filed, a preliminary copy is provided to the board of trustees for review. All issues that arise from this review are addressed and any necessary changes are made. A final copy of the amended form 990 is then re-circulated to the board of trustees with any additional information deemed necessary due to the changes. Upon approval of the board of trustees, the amended form 990 is finalized and filed.

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

On an annual basis, management reviews the conflict of interest policy with all board members. All board members must submit written disclosure forms annually.

Form 990, Part VI, Section C, Line 19

Documents are generally made available to public upon request.

FORM 990, PART VIII, STATEMENT OF REVENUE; AMENDED RETURN EXPLANATION:

The organization updated lines 1d through f , line 3 and line 7 a through d, to reflect the amounts quantified on the organization's consolidated financial statements. The organization updated line 1d to $23,500 (from originally filed $0). The organization updated line 1f to $150 (from originally filed $32,650). The organization updated line 1h to $23,650 (from originally filed $32,650). The organization updated line 3 to $62,924 (from originally filed $63,972). The organization updated line 7a to $32,650 (from originally filed $0). The organization updated line 7b to $55,334 (from originally filed $633,680). The organization updated line 7c and 7d to -$22,684 (from originally filed -$633,680). The organization updated line 12 to $63,890 (from originally filed -$537,058).

Filing and Contact Details

Filer

Filer Name
Ndsc Foundation Inc
EIN
58-2171570
Phone
7706049500
Address
30 MANSELL COURT 108, ROSWELL, GA 30076

Signing Officer

Name
Brooks Robinson
Title
President
Phone
7706049500
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brooks Robinson
Formed
1995
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Tiffany T Orr CPA
Phone
7703948000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight process has not changed in process from the prior year.

FORM 990, ITEM B, AMENDED RETURN EXPLANATION:

The organization's form 990 is being amended to report the updated reviewed financial statements issued subsequent to the organization's original filing. The following items have been updated respective of the originally filed return.

FORM 990, ITEM G, GROSS RECEIPTS, AMENDED RETURN EXPLANATION:

The gross receipts ($119,224) have been updated to reflect the amounts quantified on the organization's consolidated financial statements and qualified on form 990, page 9, part viii, statement of revenue. The originally filed item g, gross receipts, were $96,622.

FORM 990, PART I, SUMMARY, LINES 8-22; AMENDED RETURN EXPLANATION:

The revenue, expenses, and net assets reflected in this section have been updated to reflect the amounts quantified on the organization's consolidated financial statements and qualified on form 990, page 9, part viii, statement of revenue; form 990, page 10, part ix, statement of functional expenses; form 990, page 11, part x, balance sheet; form 990, page 12, part xi, reconciliation of net assets. These areas will explained per their respective page/parts below.

FORM 990, PART III, STATEMENT OF PSA; AMENDED RETURN EXPLANATION:

The organization updated line 4a expenses to $126,835 (from originally filed $150,224). The organization updated line 4e total program service expenses to $126,835 (from originally filed $150,224).

FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:

The organization updated line 11b to report an amount for investments - other securities in part x, line 12, that is 5% or more of its total assets reported in part x, line 16.

FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:

The organization updated line 11e to report an amount for other liabilities in part x, line 25.

FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:

The organization updated line 11f to report that the consolidated financial statements for the tax year included a footnote that addresses the organization's liability for uncertain tax positions under fin 48 (asc 740).

FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:

The organization updated line 12b to note they were included in consolidated, independent reviewed financial statements for the tax year.

FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXP.; AMENDED RETURN EXPLANATION

The organization updated lines 11 through 25 to reflect the amounts quantified on the organization's consolidated financial statements. The organization updated line 11c to $15,043 (from originally filed $0). The organization updated line 11f to $18,192 (from originally filed $0). The organization updated line 11g to $0 (from originally filed $150,224). The organization updated line 21 to $93,600 (from originally filed $0). The organization updated line 25 to $126,835 (from originally filed $150,224).

FORM 990, PART X, BALANCE SHEET; AMENDED RETURN EXPLANATION:

The organization updated lines 1 through 33, column b, end of year, to reflect the amounts quantified on the organization's consolidated financial statements. The organization updated line 1b to $30,662 (from originally filed $30,831). The organization updated line 11b to $0 (from originally filed $2,715,983). The organization updated line 12b to $2,714,243 (from originally filed $0). The organization updated line 16 to $2,744,905 (from originally filed $2,746,814). The organization updated line 25 to $8,250 (from originally filed $0). The organization updated line 26 to $8,250 (from originally filed $0). The organization updated line 27 to $1,018,754 (from originally filed $580,039). The organization updated line 28 to $1,717,901 (from originally filed $2,166,775). The organization updated line 32 to $2,736,655 (from originally filed $2,746,814). The organization updated line 33 to $2,744,905 (from originally filed $2,746,814).

FORM 990, PART XI, RECONCILIATION OF NET ASSETS; AMENDED RETURN EXPLANATION

The organization updated lines 1 through 10, to reflect the amounts quantified on the organization's consolidated financial statements. The organization updated line 1 to $63,890 (from originally filed -$537,058). The organization updated line 2 to $126,835 (from originally filed $150,224). The organization updated line 3 to -$62,945 (from originally filed -$687,282). The organization updated line 5 to -$634,496 (from originally filed $0). The organization updated line 10 to $2,736,655 (from originally filed $2,746,814).

FORM 990, PART XI, FINANCIAL STATEMENT REPORT.; AMENDED RETURN EXPLANATION:

The organization updated line 2a to "yes and checked the "consolidated basis" box. The organization updated line 2c to "yes".

FORM 990, SCHEDULE A, PUBLIC CHARITY STATUS; AMENDED RETURN EXPLANATION:

The organization updated part i, line 12g, column v, to reflect the amounts quantified on the organization's form 990, part viii, statement of revenue. The organization updated line 12g, column v to $93,600 (from originally filed $0).

FORM 990, SCHEDULE D, SUPPLEMENTAL FINANCIAL ST; AMENDED RETURN EXPLANATION

The organization updated part v, lines 1b through g, column a, along with lines 2a through b. The organization updated line 1b to $20,150 (from originally filed $32,650). The organization updated line 1c to -$586,539 (from originally filed -$569,708). The organization updated line 1e to $97,990 (from originally filed $136,178). The organization updated line 1g to $2,755,671 (from originally filed $2,746,814). The organization updated line 2a to 36.9340% (from originally filed 21.1170%). The organization updated line 2b to 63.0660% (from originally filed 78.8830%).

FORM 990, SCHEDULE D, SUPPLEMENTAL FINANCIAL ST; AMENDED RETURN EXPLANATION

The organization updated part vii, line 3a, columns a through c. The organization updated line 3a, other investments, to $2,714,243 (from originally filed $0). The organization updated part x, line 2, column b. The organization updated line 2 to $8,250 (from originally filed $0). The organization updated part xiii, supplemental information, part x, line 2 explanation.

FORM 990, SCHEDULE R, RELATED ORGANIZATIONS; AMENDED RETURN EXPLANATION:

The organization updated part v, line 1s to "yes". The organization updated part v, line 2, columns a through d, sub-lines 2 through 3, to reflect related party transactions. The organization updated sub-line 2, column a (name the same as sub-lines 1 and 3, column a), column b (code s), column c ($8,250), column d (fmv). The organization updated sub-line 3, coulmn a (name), column b (code s), column c ($93,600), column d (fmv).

Financial Statement Notes

PART V, LINE 4:

The ndsc foundation (ndscf) has adopted investment and spending policies, approved by the board of directors, for endowment assets. Those policies attempt to provide a predictable stream of funding to programs supported by its endowment funds while also maintaining the purchasing power of those endowment assets over the long-term. Accordingly, the investment process seeks to achieve an after-cost total real rate of return, including investment income as well as capital appreciation, which exceeds the annual distribution with acceptable levels of risk. Endowment assets are invested in a well-diversified asset mix, which includes equity and debt securities. The organization expects its endowment assets, over time, to produce an average rate of return of approximately 5% annually. Actual returns in any given year may vary from this amount. Investment risk is measured in terms of the total endowment fund; investment assets and allocation between asset classes and strategies are managed to prevent exposing the fund to unacceptable levels of risk. Spending policy. The organization has a policy of appropriating for distribution each year 5% of its endowment fund's average fair value of the prior 12 quarters through the calendar year-end preceding the fiscal year in which the distribution is planned. In establishing this policy, the organization considered the long-term expected return on its investment assets, the nature and duration of the individual endowment funds, many of which must be maintained in perpetuity because of donor-restrictions, and the possible effects of inflation. The organization expects the current spending policy to allow its endowment funds to grow at an average rate of 3% annually. This is consistent with the organization's objective to maintain the purchasing power of the endowment assets as well as to provide additional real growth through new gifts and investment return.

PART X, LINE 2:

The congress has received a determination by the united states internal revenue service (irs) that it is exempt from federal income taxes under irs code section 501(c)(3). The foundation is exempt from federal income taxes under irs code section 509(a)(3) because it supports the congress, an exempt organization. Therefore, no provision for federal or state income taxes has been made in the accompanying consolidated financial statements. The organization utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the consolidated financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2022 and 2021, the organization has no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements.

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IRS990/MissionDesc0PROVIDE FINANCIAL ASSISTANCE TO THE NATIONAL DOWN SYNDROME CONGRESS, A 501(C)(3) ORGANIZATION, BY ACQUIRING, HOLDING, INVESTING, AND DISTRIBUTING FUNDS FOR NATIONAL DOWN SYNDROME CONGRESS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE NDSC FOUNDATION (NDSCF) HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF DIRECTORS, FOR ENDOWMENT ASSETS. THOSE POLICIES ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. ACCORDINGLY, THE INVESTMENT PROCESS SEEKS TO ACHIEVE AN AFTER-COST TOTAL REAL RATE OF RETURN, INCLUDING INVESTMENT INCOME AS WELL AS CAPITAL APPRECIATION, WHICH EXCEEDS THE ANNUAL DISTRIBUTION WITH ACCEPTABLE LEVELS OF RISK. ENDOWMENT ASSETS ARE INVESTED IN A WELL-DIVERSIFIED ASSET MIX, WHICH INCLUDES EQUITY AND DEBT SECURITIES. THE ORGANIZATION EXPECTS ITS ENDOWMENT ASSETS, OVER TIME, TO PRODUCE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 5% ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. INVESTMENT RISK IS MEASURED IN TERMS OF THE TOTAL ENDOWMENT FUND; INVESTMENT ASSETS AND ALLOCATION BETWEEN ASSET CLASSES AND STRATEGIES ARE MANAGED TO PREVENT EXPOSING THE FUND TO UNACCEPTABLE LEVELS OF RISK. SPENDING POLICY. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OF THE PRIOR 12 QUARTERS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ORGANIZATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS INVESTMENT ASSETS, THE NATURE AND DURATION OF THE INDIVIDUAL ENDOWMENT FUNDS, MANY OF WHICH MUST BE MAINTAINED IN PERPETUITY BECAUSE OF DONOR-RESTRICTIONS, AND THE POSSIBLE EFFECTS OF INFLATION. THE ORGANIZATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT FUNDS TO GROW AT AN AVERAGE RATE OF 3% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CONGRESS HAS RECEIVED A DETERMINATION BY THE UNITED STATES INTERNAL REVENUE SERVICE (IRS) THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRS CODE SECTION 501(C)(3). THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRS CODE SECTION 509(A)(3) BECAUSE IT SUPPORTS THE CONGRESS, AN EXEMPT ORGANIZATION. THEREFORE, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS OF NDSC APPOINTS INDIVIDUALS TO THE BOARD OF TRUSTEES OF NDSC FOUNDATION. THE BOARD OF NDSC FOUNDATION THEN ELECTS THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEFORE THE AMENDED FORM 990 IS FILED, A PRELIMINARY COPY IS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW. ALL ISSUES THAT ARISE FROM THIS REVIEW ARE ADDRESSED AND ANY NECESSARY CHANGES ARE MADE. A FINAL COPY OF THE AMENDED FORM 990 IS THEN RE-CIRCULATED TO THE BOARD OF TRUSTEES WITH ANY ADDITIONAL INFORMATION DEEMED NECESSARY DUE TO THE CHANGES. UPON APPROVAL OF THE BOARD OF TRUSTEES, THE AMENDED FORM 990 IS FINALIZED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AN ANNUAL BASIS, MANAGEMENT REVIEWS THE CONFLICT OF INTEREST POLICY WITH ALL BOARD MEMBERS. ALL BOARD MEMBERS MUST SUBMIT WRITTEN DISCLOSURE FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE GENERALLY MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE OVERSIGHT PROCESS HAS NOT CHANGED IN PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FORM 990 IS BEING AMENDED TO REPORT THE UPDATED REVIEWED FINANCIAL STATEMENTS ISSUED SUBSEQUENT TO THE ORGANIZATION'S ORIGINAL FILING. THE FOLLOWING ITEMS HAVE BEEN UPDATED RESPECTIVE OF THE ORIGINALLY FILED RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GROSS RECEIPTS ($119,224) HAVE BEEN UPDATED TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS AND QUALIFIED ON FORM 990, PAGE 9, PART VIII, STATEMENT OF REVENUE. THE ORIGINALLY FILED ITEM G, GROSS RECEIPTS, WERE $96,622.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE REVENUE, EXPENSES, AND NET ASSETS REFLECTED IN THIS SECTION HAVE BEEN UPDATED TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS AND QUALIFIED ON FORM 990, PAGE 9, PART VIII, STATEMENT OF REVENUE; FORM 990, PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES; FORM 990, PAGE 11, PART X, BALANCE SHEET; FORM 990, PAGE 12, PART XI, RECONCILIATION OF NET ASSETS. THESE AREAS WILL EXPLAINED PER THEIR RESPECTIVE PAGE/PARTS BELOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION UPDATED LINE 4A EXPENSES TO $126,835 (FROM ORIGINALLY FILED $150,224). THE ORGANIZATION UPDATED LINE 4E TOTAL PROGRAM SERVICE EXPENSES TO $126,835 (FROM ORIGINALLY FILED $150,224).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION UPDATED LINE 11B TO REPORT AN AMOUNT FOR INVESTMENTS - OTHER SECURITIES IN PART X, LINE 12, THAT IS 5% OR MORE OF ITS TOTAL ASSETS REPORTED IN PART X, LINE 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THE ORGANIZATION UPDATED LINE 11E TO REPORT AN AMOUNT FOR OTHER LIABILITIES IN PART X, LINE 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE ORGANIZATION UPDATED LINE 11F TO REPORT THAT THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE TAX YEAR INCLUDED A FOOTNOTE THAT ADDRESSES THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE ORGANIZATION UPDATED LINE 12B TO NOTE THEY WERE INCLUDED IN CONSOLIDATED, INDEPENDENT REVIEWED FINANCIAL STATEMENTS FOR THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13THE ORGANIZATION UPDATED LINES 1D THROUGH F , LINE 3 AND LINE 7 A THROUGH D, TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UPDATED LINE 1D TO $23,500 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 1F TO $150 (FROM ORIGINALLY FILED $32,650). THE ORGANIZATION UPDATED LINE 1H TO $23,650 (FROM ORIGINALLY FILED $32,650). THE ORGANIZATION UPDATED LINE 3 TO $62,924 (FROM ORIGINALLY FILED $63,972). THE ORGANIZATION UPDATED LINE 7A TO $32,650 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 7B TO $55,334 (FROM ORIGINALLY FILED $633,680). THE ORGANIZATION UPDATED LINE 7C AND 7D TO -$22,684 (FROM ORIGINALLY FILED -$633,680). THE ORGANIZATION UPDATED LINE 12 TO $63,890 (FROM ORIGINALLY FILED -$537,058).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14THE ORGANIZATION UPDATED LINES 11 THROUGH 25 TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UPDATED LINE 11C TO $15,043 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 11F TO $18,192 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 11G TO $0 (FROM ORIGINALLY FILED $150,224). THE ORGANIZATION UPDATED LINE 21 TO $93,600 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 25 TO $126,835 (FROM ORIGINALLY FILED $150,224).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15THE ORGANIZATION UPDATED LINES 1 THROUGH 33, COLUMN B, END OF YEAR, TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UPDATED LINE 1B TO $30,662 (FROM ORIGINALLY FILED $30,831). THE ORGANIZATION UPDATED LINE 11B TO $0 (FROM ORIGINALLY FILED $2,715,983). THE ORGANIZATION UPDATED LINE 12B TO $2,714,243 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 16 TO $2,744,905 (FROM ORIGINALLY FILED $2,746,814). THE ORGANIZATION UPDATED LINE 25 TO $8,250 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 26 TO $8,250 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 27 TO $1,018,754 (FROM ORIGINALLY FILED $580,039). THE ORGANIZATION UPDATED LINE 28 TO $1,717,901 (FROM ORIGINALLY FILED $2,166,775). THE ORGANIZATION UPDATED LINE 32 TO $2,736,655 (FROM ORIGINALLY FILED $2,746,814). THE ORGANIZATION UPDATED LINE 33 TO $2,744,905 (FROM ORIGINALLY FILED $2,746,814).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16THE ORGANIZATION UPDATED LINES 1 THROUGH 10, TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION UPDATED LINE 1 TO $63,890 (FROM ORIGINALLY FILED -$537,058). THE ORGANIZATION UPDATED LINE 2 TO $126,835 (FROM ORIGINALLY FILED $150,224). THE ORGANIZATION UPDATED LINE 3 TO -$62,945 (FROM ORIGINALLY FILED -$687,282). THE ORGANIZATION UPDATED LINE 5 TO -$634,496 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED LINE 10 TO $2,736,655 (FROM ORIGINALLY FILED $2,746,814).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17THE ORGANIZATION UPDATED LINE 2A TO "YES AND CHECKED THE "CONSOLIDATED BASIS" BOX. THE ORGANIZATION UPDATED LINE 2C TO "YES".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18THE ORGANIZATION UPDATED PART I, LINE 12G, COLUMN V, TO REFLECT THE AMOUNTS QUANTIFIED ON THE ORGANIZATION'S FORM 990, PART VIII, STATEMENT OF REVENUE. THE ORGANIZATION UPDATED LINE 12G, COLUMN V TO $93,600 (FROM ORIGINALLY FILED $0).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19THE ORGANIZATION UPDATED PART V, LINES 1B THROUGH G, COLUMN A, ALONG WITH LINES 2A THROUGH B. THE ORGANIZATION UPDATED LINE 1B TO $20,150 (FROM ORIGINALLY FILED $32,650). THE ORGANIZATION UPDATED LINE 1C TO -$586,539 (FROM ORIGINALLY FILED -$569,708). THE ORGANIZATION UPDATED LINE 1E TO $97,990 (FROM ORIGINALLY FILED $136,178). THE ORGANIZATION UPDATED LINE 1G TO $2,755,671 (FROM ORIGINALLY FILED $2,746,814). THE ORGANIZATION UPDATED LINE 2A TO 36.9340% (FROM ORIGINALLY FILED 21.1170%). THE ORGANIZATION UPDATED LINE 2B TO 63.0660% (FROM ORIGINALLY FILED 78.8830%).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20THE ORGANIZATION UPDATED PART VII, LINE 3A, COLUMNS A THROUGH C. THE ORGANIZATION UPDATED LINE 3A, OTHER INVESTMENTS, TO $2,714,243 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED PART X, LINE 2, COLUMN B. THE ORGANIZATION UPDATED LINE 2 TO $8,250 (FROM ORIGINALLY FILED $0). THE ORGANIZATION UPDATED PART XIII, SUPPLEMENTAL INFORMATION, PART X, LINE 2 EXPLANATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21THE ORGANIZATION UPDATED PART V, LINE 1S TO "YES". THE ORGANIZATION UPDATED PART V, LINE 2, COLUMNS A THROUGH D, SUB-LINES 2 THROUGH 3, TO REFLECT RELATED PARTY TRANSACTIONS. THE ORGANIZATION UPDATED SUB-LINE 2, COLUMN A (NAME THE SAME AS SUB-LINES 1 AND 3, COLUMN A), COLUMN B (CODE S), COLUMN C ($8,250), COLUMN D (FMV). THE ORGANIZATION UPDATED SUB-LINE 3, COULMN A (NAME), COLUMN B (CODE S), COLUMN C ($93,600), COLUMN D (FMV).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, ITEM B, AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, ITEM G, GROSS RECEIPTS, AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART I, SUMMARY, LINES 8-22; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART III, STATEMENT OF PSA; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990, PART IV, CHECKLIST OF REQUIRED SCH.; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990, PART VIII, STATEMENT OF REVENUE; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXP.; AMENDED RETURN EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15FORM 990, PART X, BALANCE SHEET; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16FORM 990, PART XI, RECONCILIATION OF NET ASSETS; AMENDED RETURN EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17FORM 990, PART XI, FINANCIAL STATEMENT REPORT.; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18FORM 990, SCHEDULE A, PUBLIC CHARITY STATUS; AMENDED RETURN EXPLANATION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19FORM 990, SCHEDULE D, SUPPLEMENTAL FINANCIAL ST; AMENDED RETURN EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20FORM 990, SCHEDULE D, SUPPLEMENTAL FINANCIAL ST; AMENDED RETURN EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21FORM 990, SCHEDULE R, RELATED ORGANIZATIONS; AMENDED RETURN EXPLANATION:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030076
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0NDSC FOUNDATION (NDSCF) PERFORMS INVESTMENT MANAGEMENT AND FUNDRAISING FOR NATIONAL DOWN SYNDROME CONGRESS (NDSC). BOTH OF THESE 501(C)(3) ORGANIZATIONS SHARE FACILITIES, EQUIPMENT, AND OTHER ASSETS. ALSO, NDSC PERFORMS SERVICES FOR NDSCF, SUCH AS, ACCOUNTING AND OTHER ADMINISTRATIVE SERVICES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R - ADDITIONAL INFORMATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt023500
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt18250
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt293600
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NATIONAL DOWN SYNDROME CONGRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NATIONAL DOWN SYNDROME CONGRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2NATIONAL DOWN SYNDROME CONGRESS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1S
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03434096
IRS990/TotalAssetsEOYAmt02744905
IRS990/TotalAssetsGrp/BOYAmt03434096
IRS990/TotalAssetsGrp/EOYAmt02744905
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt023650
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126835
IRS990/TotalFunctionalExpensesGrp/TotalAmt0126835
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$0.49$0.16$0.33
2023Detailed filing. Detailed filing data is available for this year.$2.66$0.03$2.63$0.20$0.55$0.35
2022Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.54$0.15$0.69
2022Detailed filing. Detailed filing data is available for this year.$2.74$0.01$2.74$0.06$0.13$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$0.33$0.21$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.18$0.03$3.15$0.23$0.19$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.94$0.02$2.92$0.11$0.12$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.52$0.02$2.50$0.18$0.17$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.17$0.17$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.08$0.11$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.14$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.43$0.11$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.55$0.01$2.54$0.20$0.18$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.01$2.33$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.01$2.25$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.01$2.41$0.12