Dallas Casa

“SCHEDULE D, PART V, LINE 4: Dallas CASA Endowment Fund, a related organization, holds and manages endowment funds for the benefit of Dallas CASA. Dallas CASA uses funds distributed to it to support its mission of advocating for the best interests of abused and neglected children under the protective care of the courts, so they will have safe, permanent homes where they can thrive.”

“SCHEDULE D, PART X, LINE 2 DALLAS CASA DOES NOT HAVE ANY INCOME TAX EXPENSE AND IS NOT SUBJECT TO ANY UNCERTAIN TAX POSITIONS. FOLLOWING IS THE TEXT FROM THE FOOTNOTES OF THE ORGANIZATION'S AUDITED COMBINED FINANCIAL STATEMENTS: Dallas CASA is exempt from federal income tax under 501(c)(3) of the United States Internal Revenue Code (the "Code"), except to the extent it has unrelated business income. In addition, Dallas CASA has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. For the year ended December 31, 2014, Dallas CASA had no net unrelated business income. Accordingly, no provision for income tax has been provided in the accompanying consolidated financial statements. Management evaluates the tax positions taken or expected to be taken in the course of preparing its tax returns to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. Dallas CASA is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. Dallas CASA recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. Dallas CASA's informational returns are generally subject to examination for three years after the later of the due date or date of filing. As a result, Dallas CASA is no longer subject to income tax examinations by tax authorities for years prior to fiscal year 2011.”