Civic Intelligence

Educational & Memorial Foundation of the Tennessee Society of Cpas

990 • Fiscal year 2020 • EIN 62-0854743

Apr 01, 2019 to Mar 31, 2020 • Filed on Oct 02, 2020

Organization ProfileWWW.TSCPA.COM
201 Powell PlaceBrentwood, TN 37027

(615) 377-3825

Siviq Scores

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

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.06x

Higher debt load relative to revenue than 36% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

50th percentile

5.2%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

99th percentile

$712,411

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 27.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.5%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-1.6%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$2,339,759

Down $137,384 (-5.5%) from 2019

Net Assets

Down

$2,174,231

Down $57,158 (-2.6%) from 2019

Liabilities

Down

$165,528

Down $80,226 (-33%) from 2019

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin50th percentile

Revenue

Down

$2,631,738

Down $41,631 (-1.6%) from 2019

Expenses

Down

$2,494,407

Down $4,019 (-0.2%) from 2019

Net Income

Down

$137,331

Down $37,612 (-21%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,563,657Liabilities 2012: $100,355Net Assets 2012: $1,463,3022012Assets 2013: $1,728,783Liabilities 2013: $132,390Net Assets 2013: $1,596,3932013Assets 2014: $1,990,188Liabilities 2014: $190,871Net Assets 2014: $1,799,3172014Assets 2015: $2,079,146Liabilities 2015: $135,807Net Assets 2015: $1,943,3392015Assets 2016: $1,972,491Liabilities 2016: $132,872Net Assets 2016: $1,839,6192016Assets 2017: $2,035,131Liabilities 2017: $136,789Net Assets 2017: $1,898,3422017Assets 2018: $2,224,215Liabilities 2018: $126,726Net Assets 2018: $2,097,4892018Assets 2019: $2,477,143Liabilities 2019: $245,754Net Assets 2019: $2,231,3892019Assets 2020: $2,339,759Liabilities 2020: $165,528Net Assets 2020: $2,174,2312020Assets 2021: $3,327,612Liabilities 2021: $146,203Net Assets 2021: $3,181,4092021Assets 2022: $3,651,465Liabilities 2022: $171,190Net Assets 2022: $3,480,2752022Assets 2023: $3,624,629Liabilities 2023: $188,885Net Assets 2023: $3,435,7442023Assets 2024: $3,941,695Liabilities 2024: $162,039Net Assets 2024: $3,779,6562024Assets 2025: $4,043,490Liabilities 2025: $152,320Net Assets 2025: $3,891,1702025

Highlighted filing

2020

Assets$2,339,759
Liabilities$165,528
Net Assets$2,174,231
Open 2020 Filing

Operations Trend

Revenue Growth45th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,275,523Expenses 2012: $2,377,433Net Income 2012: -$101,9102012Revenue 2013: $2,368,435Expenses 2013: $2,242,850Net Income 2013: $125,5852013Revenue 2014: $2,454,430Expenses 2014: $2,362,498Net Income 2014: $91,9322014Revenue 2015: $2,578,560Expenses 2015: $2,450,540Net Income 2015: $128,0202015Revenue 2016: $2,570,689Expenses 2016: $2,564,547Net Income 2016: $6,1422016Revenue 2017: $2,553,537Expenses 2017: $2,536,691Net Income 2017: $16,8462017Revenue 2018: $2,745,338Expenses 2018: $2,526,742Net Income 2018: $218,5962018Revenue 2019: $2,673,369Expenses 2019: $2,498,426Net Income 2019: $174,9432019Revenue 2020: $2,631,738Expenses 2020: $2,494,407Net Income 2020: $137,3312020Revenue 2021: $2,449,705Expenses 2021: $1,879,205Net Income 2021: $570,5002021Revenue 2022: $2,510,915Expenses 2022: $2,145,586Net Income 2022: $365,3292022Revenue 2023: $2,396,486Expenses 2023: $2,247,193Net Income 2023: $149,2932023Revenue 2024: $2,532,334Expenses 2024: $2,373,358Net Income 2024: $158,9762024Revenue 2025: $2,367,298Expenses 2025: $2,430,677Net Income 2025: -$63,3792025

Highlighted filing

2020

Revenue$2,631,738
Expenses$2,494,407
Net Income$137,331
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Oct 2, 2020
Return Version
2019v5.1
Gross Receipts
$3,993,345
Mission and Program Overview

Mission

To further the study, and/or teaching of accountancy and related fields through provision of educational opportunities to the cpa profession and providing scholarships for promising young accounting students.

The mission is to further the study, practice, and/or teaching of accountancy and related fields through provision of educational opportunities to the cpa profession and providing scholarships for promising young accounting students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,799,429$1,714,322▼ $85,107
Savings and Temporary Cash Investments$550,264$456,855▼ $93,409
Cash and Non-Interest-Bearing Accounts$40,858$79,352▲ $38,494
Accounts Receivable$45,868$57,454▲ $11,586
Pledges and Grants Receivable$33,289$28,950▼ $4,339
Prepaid Expenses and Deferred Charges$7,435$2,826▼ $4,609
Total Assets$2,477,143$2,339,759▼ $137,384
Liabilities
Other Liabilities$0$62,805▲ $62,805
Deferred Revenue$49,986$58,959▲ $8,973
Accounts Payable and Accrued Expenses$195,768$43,764▼ $152,004
Total Liabilities$245,754$165,528▼ $80,226
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,277,286$1,402,939▲ $125,653
Net Assets Without Donor Restrictions$954,103$771,292▼ $182,811
Total Net Assets Fund Balance$2,231,389$2,174,231▼ $57,158
Total Liabilities and Net Assets / Fund Balance$2,477,143$2,339,759▼ $137,384

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,326,865$235,653--$1,452,518
2018$1,270,489$166,376--$1,326,865
2017$1,243,512$121,977--$1,270,489
2016$1,222,780$130,732--$1,243,512
2015$1,182,835$164,945--$1,222,780
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
B Bradford FloydPresident/CEOPT$86,589$55,893$142,482
Kara FitzgeraldChief Fin. OfficerPT$61,022$7,757$68,779

Board Members and Trustees

NameTitle
Anita HamiltonChair
Barrett SimonisChair-elect
Christian BennettBoard Member
Geoffrey StewartBoard Member
H Rowan Leathers IiiBoard Member
Heather BatsonBoard Member
Jonathan BaileyBoard Member
Kelly CrowBoard Member
Ricky LivingstonBoard Member
Beverly SaylorSecretary
Robert WeatherlyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$267,778
Program Service Revenue
$2,248,393
Investment Income
$113,728
Other Revenue
$1,839
All Other Contributions
$267,778
Change in Net Assets
$137,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,589,853
Salaries, Compensation, and Employee Benefits$669,554
Grants and Similar Amounts Paid$235,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$495,046--$495,046
Other Salaries and Wages$359,117--$359,117
Grants to Domestic Individuals$235,000--$235,000
Occupancy$224,592--$224,592
Current Officers, Directors, Trustees, and Key Employees$144,338--$144,338
Information Technology$123,292$7,366-$130,658
Other Employee Benefits$128,587--$128,587
Travel$84,836$2,059-$86,895
Advertising-$62,025-$62,025
Other Expenses$55,021--$55,021
Depreciation Depletion$40,890--$40,890
Payroll Taxes$37,512--$37,512
Office Expenses$33,452--$33,452
Insurance$10,581--$10,581
Fees for Services Accounting-$5,500-$5,500
Total Functional Expenses$2,417,457$76,950$0$2,494,407
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
Intercompany$62,805
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
Yes
Other officer compensation reviewed
Yes
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

“Organization's process to review form 990 form 990 is presented to and reviewed by the educational and memorial foundation management, the board chair, the audit committee, and the treasurer, prior to its filing.”

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

“Enforcement of conflicts policy the organziation requires signed conflict of interest statements annually from the tscpa board of directors, board of trustees, and the chapter officers and board members. The organization conveys an awareness of the need to avoid all conflicts of interest and appearances of conflicts of interest. Conflicts of interest include, but are not limited to, transactions between vendors or businesses and the organization's directors, officers, employees, volunteers, board members or families of any of these parties.”

Form 990, Part VI, Section B, Line 15

“Compensation process for top official compensation is determined by a personnel committee that is appointed by the chair following evaluation of job performance and a review of comparative compensation packages for other state associations. Form 990, part vi, section b, line 15b: compensation process for officers compensation is determined by a personnel committee that is appointed by the chair. The budgeted staff compensation is reviewed and approved by the finance committee, board of directors, and council.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation the governing documents, conflicts of interest policy, and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Educational & Memorial Foundation
EIN
62-0854743
Phone
6153773825
Address
201 POWELL PLACE, BRENTWOOD, TN 37027

Signing Officer

Name
B Bradford Floyd
Title
President/CEO
Phone
6153773825
Signed
2020-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
B Bradford Floyd
Formed
1971
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Maggart & Associates Pc
Address
1201 DEMONBREUN ST STE 1220, NASHVILLE, TN 37203-3140
Preparer
Michael T Holland
Phone
6152526100
Supplemental Narrative

Additional Explanations

FORM 990, SCHEDULE D, PART V, LINE 1-2:

“The organization has changed the presentation of the endowment funds information to coincide with the financial statement disclosure associated with the endowment funds contained within the audited financial statements. The information presented within line 1 for prior year through four years back (i.e. Columns 1(b) through 1(e)) have been restated in connection with this change in disclosure. Endowment funds as reflected on part v represents the consolidated endowment as disclosed within the consolidated organization's financial statements. The current end of year balace includes $155,629 attributable to such endowment funds as maintained by individual chapters within the tennessee society of cpa's group return. The end of year balance for prior year balance through four years back includes $152,079 attributable to such endowment funds as maintained by the individual chapters within the group.”

Financial Statement Notes

PART V, LINE 4:

“The organization has established endowment funds to ensure the oservance of limitations and restrictions placed on the use of contributions and support to the foundation. These contributions are permanently invested. A description of these funds follows: *the life associates scholarship fund was created to account for the proceeds of the organization's primary fundraising activities. This fund receives all life associates' contributions not otherwise restricted. The fund's investment income funds the organization's primary scholarship programs. Earnings on these investments are recorded as unrestricted since they fund the current scholarship awards. *the john glenn fund grants awards to individuals of exceptional performance on the uniform certified public accountancy examinations given in the state of tennessee. *the paul l. Royston fund, robert w. Knapp fund, maxie o. Patton fund, richard l. Townsend fund, will j. Pugh fund, calvin a. & jean c. King fund, bernie goldstein fund, ward harder fund, memphis chapter fund, nashville chapter fund, chattanooga chapter fund, west tennessee chapter fund, appalachian chapter fund, and robert v. Whisenant fund each support annual scholarships to deserving accounting students. The organization's trustees, with assistance from the society's scholarship committee, determine the recipients of the scholarships and other awards.”

PART X, LINE 2:

“The society and the affiliated local chapters are exempt from federal income taxes under section 501(c)(6) of the internal revenue code, with the exception of taxes on unrelated business activity. The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, with the exception of taxes on unrelated business income activity. The society and the affiliated local chapters and foundation are taxable for state excise taxes related to unrelated business income activity. The tscpa follows fasb asc 740, income taxes, which prescribes a recognition threshold and measurement attribute for a tax position taken or expected to be taken in a tax return. Fasb asc 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The tscpa evaluates the tax positions taken on tax filings and consults with outside professionals in evaluating the likelihood of unfavorable results from any such tax position. The tscpa has determined fasb asc 740 has no material effect on the financial statements due to the minimal nature of the present level of unrelated business income.”

Raw XML AppendixShowing 400 of 620 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0195768
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043764
IRS990/AccountsReceivableGrp/BOYAmt045868
IRS990/AccountsReceivableGrp/EOYAmt057454
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION IS TO FURTHER THE STUDY, PRACTICE, AND/OR TEACHING OF ACCOUNTANCY AND RELATED FIELDS THROUGH PROVISION OF EDUCATIONAL OPPORTUNITIES TO THE CPA PROFESSION AND PROVIDING SCHOLARSHIPS FOR PROMISING YOUNG ACCOUNTING STUDENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt062025
IRS990/AdvertisingGrp/TotalAmt062025
IRS990/AllOtherContributionsAmt0267778
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0B BRADFORD FLOYD
IRS990/BooksInCareOfDetail/PhoneNum06153773825
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 POWELL PLACE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRENTWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037027
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt040858
IRS990/CashNonInterestBearingGrp/EOYAmt079352
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0144338
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144338
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0495046
IRS990/ConferencesMeetingsGrp/TotalAmt0495046
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0267778
IRS990/CYGrantsAndSimilarPaidAmt0235000
IRS990/CYInvestmentIncomeAmt0113728
IRS990/CYOtherExpensesAmt01589853
IRS990/CYOtherRevenueAmt01839
IRS990/CYProgramServiceRevenueAmt02248393
IRS990/CYRevenuesLessExpensesAmt0137331
IRS990/CYSalariesCompEmpBnftPaidAmt0669554
IRS990/CYTotalExpensesAmt02494407
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02631738
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt049986
IRS990/DeferredRevenueGrp/EOYAmt058959
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt040890
IRS990/DepreciationDepletionGrp/TotalAmt040890
IRS990/Desc0CPE COURSE COSTS FOR 445 COURSES ATTENDED BY 9,039 PARTICIPANTS THROUGHOUT THE 2019 - 2020 FISCAL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01277286
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01402939
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02182457
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt05500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1220.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt11279467
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1219392
IRS990/Form990PartVIISectionAGrp/PersonNm0BARRETT SIMONIS
IRS990/Form990PartVIISectionAGrp/PersonNm1ANITA HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT WEATHERLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BEVERLY SAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4JONATHAN BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm5HEATHER BATSON
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRISTIAN BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLY CROW
IRS990/Form990PartVIISectionAGrp/PersonNm8H ROWAN LEATHERS III
IRS990/Form990PartVIISectionAGrp/PersonNm9RICKY LIVINGSTON
IRS990/Form990PartVIISectionAGrp/PersonNm10GEOFFREY STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm11B BRADFORD FLOYD
IRS990/Form990PartVIISectionAGrp/PersonNm12KARA FITZGERALD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1186589
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1261022
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11346355
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1291533
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF FIN. OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt090539
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0235000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0235000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01452146
IRS990/GrossReceiptsAmt03993345
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07366
IRS990/InformationTechnologyGrp/ProgramServicesAmt0123292
IRS990/InformationTechnologyGrp/TotalAmt0130658
IRS990/InsuranceGrp/ProgramServicesAmt010581
IRS990/InsuranceGrp/TotalAmt010581
IRS990/InvestmentIncomeGrp/ExclusionAmt023189
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023189
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01799429
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01714322
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01361607
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FURTHER THE STUDY, AND/OR TEACHING OF ACCOUNTANCY AND RELATED FIELDS THROUGH PROVISION OF EDUCATIONAL OPPORTUNITIES TO THE CPA PROFESSION AND PROVIDING SCHOLARSHIPS FOR PROMISING YOUNG ACCOUNTING STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02231389
IRS990/NetAssetsOrFundBalancesEOYAmt02174231
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt090539
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt090539
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-194489
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0954103
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0771292
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0224592
IRS990/OccupancyGrp/TotalAmt0224592
IRS990/OfficeExpensesGrp/ProgramServicesAmt033452
IRS990/OfficeExpensesGrp/TotalAmt033452
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0128587
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0128587
IRS990/OtherExpensesGrp/Desc0HONORARIUM
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt0445193
IRS990/OtherExpensesGrp/ProgramServicesAmt155021
IRS990/OtherExpensesGrp/TotalAmt0445193
IRS990/OtherExpensesGrp/TotalAmt155021
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt062805
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01839
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01839
IRS990/OtherRevenueTotalAmt01839
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0359117
IRS990/OtherSalariesAndWagesGrp/TotalAmt0359117
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt037512
IRS990/PayrollTaxesGrp/TotalAmt037512
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt033289
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt028950
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07435
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02826
IRS990/PrincipalOfficerNm0B BRADFORD FLOYD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0REVENUE - CPE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02248393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02248393
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS FOR 93 STUDENTS ATTENDING COLLEGES IN TENNESSEE AND MAJORING IN ACCOUNTING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0235000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0235000
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0197738
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0235000
IRS990/PYInvestmentIncomeAmt074875
IRS990/PYOtherExpensesAmt01633983
IRS990/PYOtherRevenueAmt04192
IRS990/PYProgramServiceRevenueAmt02396564
IRS990/PYRevenuesLessExpensesAmt0174943
IRS990/PYSalariesCompEmpBnftPaidAmt0629443
IRS990/PYTotalExpensesAmt02498426
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02673369
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0137331
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02250232
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0550264
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0456855
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0267778
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0197738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0147023
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0157730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0177047
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0947316
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt023189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020344
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt021703
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt023616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036213
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0125065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02250232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02400756
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02475547
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02278408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02318092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011723035
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023189
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt021703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt023616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0125065
IRS990ScheduleA/InvestmentIncomeCYPct00.00970
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt022189
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt019344
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt020703
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt022616
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt035213
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0120065
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98100
IRS990ScheduleA/PublicSupportPY509Pct00.97620
IRS990ScheduleA/PublicSupportTotal509Amt012670351
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02518010
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02598494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02622570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02436138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02495139
IRS990ScheduleA/Total509Grp/TotalAmt012670351
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02563388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02638182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02664976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02482370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02566565
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012915481
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
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.03410
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01326865
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0235653
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01452518
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0110000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01270489
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0166376
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01326865
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0110000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01243512
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0121977
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01270489
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt095000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01222780
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0130732
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01243512
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0110000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01182835
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0164945
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01222780
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0125000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt062805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.88670
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ESTABLISHED ENDOWMENT FUNDS TO ENSURE THE OSERVANCE OF LIMITATIONS AND RESTRICTIONS PLACED ON THE USE OF CONTRIBUTIONS AND SUPPORT TO THE FOUNDATION. THESE CONTRIBUTIONS ARE PERMANENTLY INVESTED. A DESCRIPTION OF THESE FUNDS FOLLOWS: *THE LIFE ASSOCIATES SCHOLARSHIP FUND WAS CREATED TO ACCOUNT FOR THE PROCEEDS OF THE ORGANIZATION'S PRIMARY FUNDRAISING ACTIVITIES. THIS FUND RECEIVES ALL LIFE ASSOCIATES' CONTRIBUTIONS NOT OTHERWISE RESTRICTED. THE FUND'S INVESTMENT INCOME FUNDS THE ORGANIZATION'S PRIMARY SCHOLARSHIP PROGRAMS. EARNINGS ON THESE INVESTMENTS ARE RECORDED AS UNRESTRICTED SINCE THEY FUND THE CURRENT SCHOLARSHIP AWARDS. *THE JOHN GLENN FUND GRANTS AWARDS TO INDIVIDUALS OF EXCEPTIONAL PERFORMANCE ON THE UNIFORM CERTIFIED PUBLIC ACCOUNTANCY EXAMINATIONS GIVEN IN THE STATE OF TENNESSEE. *THE PAUL L. ROYSTON FUND, ROBERT W. KNAPP FUND, MAXIE O. PATTON FUND, RICHARD L. TOWNSEND FUND, WILL J. PUGH FUND, CALVIN A. & JEAN C. KING FUND, BERNIE GOLDSTEIN FUND, WARD HARDER FUND, MEMPHIS CHAPTER FUND, NASHVILLE CHAPTER FUND, CHATTANOOGA CHAPTER FUND, WEST TENNESSEE CHAPTER FUND, APPALACHIAN CHAPTER FUND, AND ROBERT V. WHISENANT FUND EACH SUPPORT ANNUAL SCHOLARSHIPS TO DESERVING ACCOUNTING STUDENTS. THE ORGANIZATION'S TRUSTEES, WITH ASSISTANCE FROM THE SOCIETY'S SCHOLARSHIP COMMITTEE, DETERMINE THE RECIPIENTS OF THE SCHOLARSHIPS AND OTHER AWARDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SOCIETY AND THE AFFILIATED LOCAL CHAPTERS ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, WITH THE EXCEPTION OF TAXES ON UNRELATED BUSINESS ACTIVITY. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WITH THE EXCEPTION OF TAXES ON UNRELATED BUSINESS INCOME ACTIVITY. THE SOCIETY AND THE AFFILIATED LOCAL CHAPTERS AND FOUNDATION ARE TAXABLE FOR STATE EXCISE TAXES RELATED TO UNRELATED BUSINESS INCOME ACTIVITY. THE TSCPA FOLLOWS FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE TSCPA EVALUATES THE TAX POSITIONS TAKEN ON TAX FILINGS AND CONSULTS WITH OUTSIDE PROFESSIONALS IN EVALUATING THE LIKELIHOOD OF UNFAVORABLE RESULTS FROM ANY SUCH TAX POSITION. THE TSCPA HAS DETERMINED FASB ASC 740 HAS NO MATERIAL EFFECT ON THE FINANCIAL STATEMENTS DUE TO THE MINIMAL NATURE OF THE PRESENT LEVEL OF UNRELATED BUSINESS INCOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07920
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,339,759
Liabilities
$165,528
Net assets
$2,174,231
Revenue
$2,631,738
Expenses
$2,494,407
Net income
$137,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.04$0.15$3.89$2.37$2.43$0.06
2024Detailed filing. Detailed filing data is available for this year.$3.94$0.16$3.78$2.53$2.37$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.62$0.19$3.44$2.40$2.25$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.65$0.17$3.48$2.51$2.15$0.37
2021Detailed filing. Detailed filing data is available for this year.$3.33$0.15$3.18$2.45$1.88$0.57
2020Detailed filing. Detailed filing data is available for this year.$2.34$0.17$2.17$2.63$2.49$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.48$0.25$2.23$2.67$2.50$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.22$0.13$2.10$2.75$2.53$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.04$0.14$1.90$2.55$2.54$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.13$1.84$2.57$2.56$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.14$1.94$2.58$2.45$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.19$1.80$2.45$2.36$0.09
2013Summary only. Only limited summary data is available for this year.$1.73$0.13$1.60$2.37$2.24$0.13
2012Summary only. Only limited summary data is available for this year.$1.56$0.10$1.46$2.28$2.38$0.10