2024-05-10T14:11:19-05:00 2023-06-30 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-07-01 520886073 NATIONAL BUSINESS EDUCATION ASSOCIATION NATI 7038608300 1908 ASSOCIATION DRIVE B RESTON VA 20191 JOE MCCLARY EXECUTIVE DIRECTOR 7038608300 2024-05-10 1 JOE MCCLARY 999009999 0 BRIAN PAGE P02402981 2155677770 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOE MCCLARY 1908 ASSOCIATION DRIVE B RESTON VA 20191 2052881 0 X WWW.NBEA.ORG X 1969 DC TO PROMOTE BUSINESS EDUCATION FOR STUDENTS AND SERVE AS A UNIFYING AGENCY AMONG REGIONAL CHAPTERS. 12 12 3 12 0 0 96708 1510000 544486 504211 10946 18222 12191 20448 664331 2052881 0 0 0 0 333238 353710 0 0 0 293907 1821246 627145 2174956 37186 -122075 890983 883861 3634 3634 887349 880227 TO PROMOTE BUSINESS EDUCATION FOR BOTH VOCATIONAL AND NON-VOCATIONAL STUDENTS AND SERVE AS A UNIFYING AGENCY AMONG REGIONAL CHAPTERS. 0 0 338044 284704 PUBLICATIONS - DISSEMINATED INFORMATION REGARDING DEVELOPMENTS IN BUSINESS EDUCATION VIA DISTRIBUTION OF VARIOUS PUBLICATIONS TO APPROXIMATELY 3,000 MEMBERS. 194940 219507 CONFERENCES - DISSEMINATED INFORMATION & TRAINING VIA SPEECHES, WORKSHOPS AND EXHIBITS TO ATTENDEES AT THE ANNUAL CONFERENCE. 1500000 0 1500000 EDUCATION DEVELOPMENT - DEVELOPMENT OF US HIGH SCHOOL FINANCIAL LITERACY EDUCATION PROGRAMS 2032984 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 3 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 0 0 0 X NATIONAL BUSINESS EDUCATION ASSOCIATION 7038608300 1908 ASSOCIATION DRIVE SUITE B RESTON VA 20191 THOMAS MAYS BOARD MEMBER 1.00 X 0 0 0 KEITH HANNAH PAST PRESIDENT 1.50 X X 0 0 0 DELAYNE HAVLOVIK PRESIDENT 3.00 X X 0 0 0 LORI HAUF SECRETARY/TREASURER 1.50 X X 0 0 0 SHERRELL WHEELER BOARD MEMBER 1.00 X 0 0 0 ELISHA WOHLEB BOARD MEMBER 1.00 X 0 0 0 CHRIS LIEBELT-GARCIA BOARD MEMBER 1.00 X 0 0 0 PAMELA BRACEY BOARD MEMBER 1.00 X 0 0 0 BARB HAGLER PRESIDENT ELECT 1.50 X X 0 0 0 CINDY DURKEE BOARD MEMBER 1.00 X 0 0 0 GLENITH MONCUS BOARD MEMBER 1.00 X 0 0 0 MICHELLE TAYLOR BOARD MEMBER 1.00 X 0 0 0 JOE MCCLARY EXECUTIVE DIRECTOR 37.50 X 160000 0 15263 160000 0 15263 1 0 1 0 0 1510000 1510000 MEMBERSHIP 611710 311990 311990 CONVENTION 900099 157109 157109 PUBLICATION AND PRODUC 611710 35112 35112 504211 18222 18222 OTHER INCOME 900099 20448 20448 20448 2052881 504211 0 38670 178335 160501 17834 132840 119556 13284 12402 11162 1240 8534 7680 854 21599 19439 2160 5769 5769 28698 28698 4656 1160 3496 6000 5400 600 21882 21882 115116 115116 5824 5241 583 16355 6542 9813 SUBCONTRACTOR 1455000 1455000 MISCELLANEOUS 69763 27905 41858 PUBLICATIONS 52726 52726 DUES AND SUBSCRIPTIONS 39457 23674 15783 2174956 2032984 141972 0 21279 27804 77945 19025 6701 6326 19445 11129 8397 8316 776661 822390 890983 883861 3634 3634 3634 3634 X 851732 844610 35617 35617 887349 880227 890983 883861 -122075 114953 0 X 0 1 X 1 0 X 5105 965 4395 96708 10000 117173 493857 497997 459840 544486 491828 2488008 498962 498962 464235 641194 501828 2605181 0 0 0 2605181 17106 1339 2605 10946 11708 43704 17106 1339 2605 10946 11708 43704 46725 5201 12191 20448 84565 516068 547026 472041 664331 533984 2733450 0.95310 0.95360 0.01600 0.02410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 46,725. 2020 AMOUNT: $ 5,201. 2021 AMOUNT: $ 12,191. 2022 AMOUNT: $ 20,448. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: GRANT FOR HIGH SCHOOL EDUCATION DEVELOPMENT DATE: 02/01/23 AMOUNT: 1500000. 35617 35617 33834 1783 35617 83834 50000 33834 83834 83834 83834 83834 1.00000 0 0 19445 11129 8316 8316 SECURITY DEPOSIT LIABILITY 3634 3634 X 2162065 114953 114953 2047112 5769 5769 2052881 2169187 0 2169187 5769 5769 2174956 PART V, LINE 4: SCHOLARSHIP FUND: CONTRIBUTIONS PROVIDED FOR SCHOLARSHIPS TO ADVANCE RESEARCH STUDIES IN BUSINESS EDUCATION. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE, AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ASSOCIATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. X 0 0 0 0 0 0 0 0 0 JOE MCCLARY EXECUTIVE DIRECTOR 160000 0 0 0 0 0 15263 0 0 0 175263 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MULTIPLE TYPES OF MEMBERSHIP INCLUDING: (A) PROFESSIONAL - INDIVIDUAL PROFESSIONAL MEMBERS ARE ENTITLED TO THE SERVICES AND ALL PUBLICATIONS OF THE NATIONAL ASSOCIATION AND HAVE THE RIGHT TO VOTE, HOLD OFFICE, AND SERVE ON COMMITTEES. (B) STUDENT - STUDENT MEMBERS ARE ENTITLED TO THE SERVICES AND ALL PUBLICATIONS OF THE NATIONAL ASSOCIATION. STUDENT MEMBERS DO NOT HAVE THE RIGHT TO VOTE. (C) RETIRED PROFESSIONAL - ANY MEMBER WHO HAS RETIRED FROM FULL-TIME TEACHING OR ADMINISTRATION AND WHO HAS MAINTAINED CONTINUOUS MEMBERSHIP FOR A PERIOD OF TEN YEARS SHALL BE ENTITLED TO THE SERVICES AND ALL PUBLICATIONS OF THE NATIONAL ASSOCIATION AND HAVE THE RIGHT TO VOTE, AND SERVE ON COMMITTEES. (D) LIFE - PAST-PRESIDENTS OF THE NATIONAL ASSOCIATION ARE PRESENTED WITH A LIFE MEMBERSHIP UPON THE COMPLETION OF THEIR TERM AS IMMEDIATE PAST-PRESIDENT OF THE NATIONAL ASSOCIATION. LIFE MEMBERS ARE ENTITLED TO THE SERVICES AND ALL PUBLICATIONS OF THE NATIONAL ASSOCIATION AND HAVE THE RIGHT TO VOTE, HOLD OFFICE, AND SERVE ON COMMITTEES. (E) ASSOCIATE - LIBRARIES AND OTHER ORGANIZATIONS ARE CLASSIFIED AS ASSOCIATE MEMBERS. ASSOCIATE MEMBERS ARE ENTITLED TO THE SERVICES AND ALL PUBLICATIONS OF THE NATIONAL ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A PROFESSIONAL, RETIRED PROFESSIONAL, AND LIFE MEMBERS HAVE THE RIGHT TO VOTE ON MATTERS BEFORE THE MEMBERSHIP AS WELL AS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION REVIEWS THE 990 INTERNALLY WHICH IS SUBSEQUENTLY PROVIDED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE DIRECTOR ASSUMES RESPONSIBILITY FOR MONITORING AND ENFORCING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AS IT APPLIES TO THE BOARD OF DIRECTORS. RESTRICTIONS, IF NEEDED, ARE DETERMINED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE ORGANIZATION MAINTAINS WRITTEN SUBSTANTIATION OF THE BOARD'S DELIBERATION AND DECISION. THIS PROCESS WAS LAST UNDERTAKEN DURING FISCAL YEAR 2020 IN CONJUNCTION WITH THE EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.