Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
“The sole member of the foundation is the national speakers association (nsa).”
Scores are not available for this record yet.
Assets
Up$5,479,943
Up $502,807 (+10%) from 2020
Net Assets
Up$5,479,886
Up $539,250 (+11%) from 2020
Liabilities
Down$57
Down $36,443 (-100%) from 2020
Revenue
Up$480,341
Up $293,540 (+157%) from 2020
Expenses
Up$269,161
Up $121,844 (+83%) from 2020
Net Income
Up$211,180
Up $171,696 (+435%) from 2020
To serve members and the public through financial help for nsa members and their families who are facing health or natural disaster emergencies, provide scholarships for speech/communications students, and fund research related to the speaking profession.
The professional speaker benefit fund provides assistance to nsa members or their families. Funds are intended for members and their families who may be indigent, face catastrophic health emergencies, losses due to fire/earthquakes/tornados/etc or outlive their assets.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $4,544,379 | $4,864,178 | ▲ $319,799 |
| Savings and Temporary Cash Investments | $352,864 | $542,691 | ▲ $189,827 |
| Cash and Non-Interest-Bearing Accounts | $69,893 | $73,074 | ▲ $3,181 |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $4,977,136 | $5,479,943 | ▲ $502,807 |
| Other Assets Total | $10,000 | $0 | ▼ $10,000 |
| Liabilities | |||
| Other Liabilities | $35,000 | - | - |
| Deferred Revenue | $1,500 | - | - |
| Accounts Payable and Accrued Expenses | - | $57 | - |
| Total Liabilities | $36,500 | $57 | ▼ $36,443 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,888,565 | $4,439,946 | ▼ $448,619 |
| Net Assets With Donor Restrictions | $52,071 | $1,039,940 | ▲ $987,869 |
| Total Net Assets Fund Balance | $4,940,636 | $5,479,886 | ▲ $539,250 |
| Total Liabilities and Net Assets / Fund Balance | $4,977,136 | $5,479,943 | ▲ $502,807 |
| Name | Title |
|---|---|
| Jim Pancero Csp Cpae | Chairman |
| Al Walker Csp Cpae | Imed Past Chair |
| Molly Alton Mullins | Executive Director |
| Chad Hymas | Trustee |
| Ed Robinson Csp | Trustee |
| Eileen Mcdargh Csp Cpae | Trustee |
| Francis Bologna CPA | Trustee |
| Gerard Braud | Trustee |
| Jane Herlong Csp Cpae | Trustee |
| Karen Casey Carpenter | Trustee |
| Liz Weber Csp | Trustee |
| Marc a Pitman Csp | Trustee |
| Pamela Jett Csp | Trustee |
| Patrick Henry Csp | Trustee |
| Rick Jakle Csp | Trustee |
| Shirley Davis Csp | Trustee |
| Nido Qubein Csp Cpae | Fndr CHR Emerit |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $203,777 |
| Other Expenses | $65,384 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $199,000 | - | - | $199,000 |
| Fees for Service Investment Mgmnt Fees | - | $24,284 | - | $24,284 |
| Fees for Services Legal | - | $15,470 | - | $15,470 |
| Fees for Services Management | $14,250 | - | - | $14,250 |
| Information Technology | - | $7,548 | - | $7,548 |
| Grants to Domestic Orgs | $4,777 | - | - | $4,777 |
| Other Expenses | - | $173 | - | $173 |
| All Other Expenses | - | $87 | - | $87 |
| Office Expenses | - | $33 | - | $33 |
| Total Functional Expenses | $218,027 | $51,134 | $0 | $269,161 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The sole member of the foundation is the national speakers association (nsa).”
“All trustees are elected by the sole member of the foundation, the nsa.”
“The sole member (nsa) has the right and authority to approve the following corporation actions:a-amendments to the articles of incorporation or the bylaws;b-incurrence of indebtedness by the foundation (other than trade debt incurred in the ordinary course of the foundation's operations);c-adoption of a plan of merger or consolidation;d-sale, lease, exchange, mortgage, pledge or other disposition of all, or substantially all, the assets of the corporation; ande-dissolution of the corporation.”
“The treasurer of the organization distributes a pdf of the 990 return to all board members for review and comment prior to being filed. At the first meeting of the board following the filing of the 990 with the irs, the complete form 990 is presented to the board by the organization's lead officers with responsibility over the form 990's review; thereafter, questions are taken and the form, its preparation and its public relation impact are discussed.”
“At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and and acknowledge any known conflicts.”
“The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policies and financial statements when requested in writing or in person.”
“The organization does not currently have any paid officers or key employees.”
“The organization recognizes uncertain tax positions in the financial statements when it is more likely than not the positions will not be sustained upon examination by tax authorities. As of may 31, 2021, the organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.”
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/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 7548 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 7548 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 62862 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 62862 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 4544379 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 4864178 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | AZ |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 526153 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO SERVE MEMBERS AND THE PUBLIC THROUGH FINANCIAL HELP FOR NSA MEMBERS AND THEIR FAMILIES WHO ARE FACING HEALTH OR NATURAL DISASTER EMERGENCIES, PROVIDE SCHOLARSHIPS FOR SPEECH/COMMUNICATIONS STUDENTS, AND FUND RESEARCH RELATED TO SPEAKING PROFESSION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4940636 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5479886 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 388952 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 388952 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 328070 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4888565 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4439946 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 33 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 33 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 10000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dues & subscriptions |
| IRS990/OtherExpensesGrp/Desc | 1 | Bank & credit card fees |
| IRS990/OtherExpensesGrp/Desc | 2 | Printing and Publications |
| IRS990/OtherExpensesGrp/Desc | 3 | Postage and Shipping |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2668 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 579 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 292 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 173 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2668 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 579 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 292 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 173 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 35000 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE SCHOLARSHIP FUND IS USED TO ENCOURAGE STUDENTS IN THE FIELD OF PROFESSIONAL SPEAKING. FUNDS ARE GIVEN TO JUNIORS, SENIORS AND GRADUATE STUDENTS MAJORING IN SPEECH OR A DIRECTLY RELATED FIELD. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 30000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 30000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE PROFESSIONAL SPEAKER BENEFIT FUND PROVIDES ASSISTANCE TO NSA MEMBERS OR THEIR FAMILIES. FUNDS ARE INTENDED FOR MEMBERS AND THEIR FAMILIES WHO MAY BE INDIGENT, FACE CATASTROPHIC HEALTH EMERGENCIES, CATASTROPHIC LOSSES DUE TO FIRE, EARTHQUAKES, TORNADOS, ETC., OR OUTLIVE THEIR ASSETS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 64400 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 87908 |
| IRS990/PYInvestmentIncomeAmt | 0 | 84715 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 59409 |
| IRS990/PYOtherRevenueAmt | 0 | 26362 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 11324 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 39484 |
| IRS990/PYTotalExpensesAmt | 0 | 147317 |
| IRS990/PYTotalRevenueAmt | 0 | 186801 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 211180 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 352864 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 542691 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | true |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | DESCRIPTION OF HOW ORGANIZATION DETERMINED SUPPORTED ORGANIZATION-THE SOLE MEMBER OF THIS FOUNDATION IS THE NATIONAL SPREAKERS ASSOCIATION (NSA), WHICH IS THE ONLY SUPPORTING ORGANIZATION. NSA IS A SECTION 501 (C)(6) ORGANIZATION THAT DOES NOT RECEIVE A DETERMINATION LETTER FROM THE IRS RULING ON EITHER THE 509(A)(1) OR 509(A)(2) SUPPORT TEST. THE SUPPORTING ORGANIZATION CONTROLS THE SUPPORTED/FILING ORGANIZATION. THE FOUNDATION HAS PERFORMED A SUPPORT TEST BASED ON SECTION 509(A)(2), USING INFORMATION FROM THE 2016, 2017, 2018, 2019 AND 2020 FORMS 990 FOR THE SUPPORTED ORGANIZATION, NSA. THE PUBLIC SUPPORT PERCENTAGE WAS WELL ABOVE THE 33 1/3% MINIMUM REQUIRED TO DETERMINE THAT THE ORGANIZATION IS SUPPORTED BY THE GENERAL PUBLIC. THE INVESTMENT INCOME PERCENTAGE WAS WELL BELOW THE 33 1/3% MAXIMUM ALLOWED.DESCRIPTION OF GRANTS OR PROVIDED BENEFITS TO OTHERS-THE ORGANIZATION PROVIDED GRANTS IN THE AMOUNT OF $4,777 TO PUBLICLY SUPPORTED ORGANIZATIONS DURING THE 2020 TAX YEAR. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | SEE RESPONSE TO SCHEDULE A, PART IV, SECTION A, LINE 2 ABOVE. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | Part IV, Section A, Line 3b: Description Of When and How Organization Made The Determination |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 860290674 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | NATIONAL SPEAKERS ASSOCIATION |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.