2024-05-14T15:14:16-05:00 2023-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-07-01 547027258 NATIONAL CHILDREN'S CENTER INC FOUNDATION NATI 2027222300 8757 GEORGIA AVE SUITE 700 SILVER SPRING MD 20910 TERRANCE KING PRESIDENT & CEO 2027222300 2024-05-13 1 TERRANCE KING 999009999 0 TIANA WYNN P00997288 4105840060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TERRANCE KING 8757 GEORGIA AVE SUITE 700 SILVER SPRING MD 20910 949114 0 X N/A X 1968 DC TO PROVIDE A LIFETIME OF OPPORTUNITIES FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO LIVE FULL, MEANINGFUL AND PRODUCTIVE LIVES. 5 5 0 0 0 0 0 0 0 0 1552579 949114 775 0 1553354 949114 0 2500000 0 0 0 0 0 0 0 198281 185693 198281 2685693 1355073 -1736579 26435554 26322497 6781 6781 26428773 26315716 TO PROVIDE A LIFETIME OF OPPORTUNITIES FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO LIVE FULL, MEANINGFUL AND PRODUCTIVE LIVES. 0 0 2500000 2500000 TO PROVIDE SUPPORT TO NATIONAL CHILDREN'S CENTER, INC. 2500000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 DC X BERHANE AYICHEW DIRECTOR OF FINANCE 2027222328 8757 GEORGIA AVE SUITE 700 SILVER SPRING MD 20910 THANDI BAXTER-MAGRO VICE CHAIR 0.10 1.00 X X 0 0 0 MARISA C BROWN BOARAD CHAIR 0.10 1.00 X X 0 0 0 JOEL LIMERICK TREASURER 0.10 1.00 X X 0 0 0 RONALD STEPTOE BOARD CHAIR 0.10 1.00 X X 0 0 0 PATRICIA A BROWNE PRESIDENT/CEO 1.00 39.00 X 287850 0 16427 287850 0 16427 1 0 1 0 0 949114 949114 949114 0 0 949114 2500000 2500000 185693 185693 2685693 2500000 185693 0 491379 287963 207991 11180 11180 25671957 25970606 53047 52748 26435554 26322497 6781 6781 6781 6781 X 26428773 26315716 26428773 26315716 26435554 26322497 -1736579 1623522 0 X X 0 1 X 1 0 X X 1 (A) NCC INC 530260523 10 1 2500000 0 1 2500000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X 2386943 1623522 -185693 1437829 949114 0 949114 2500000 -185693 -185693 2685693 0 2685693 PART X, LINE 2: BOTH NCC AND THE FOUNDATION ARE NOT-FOR-PROFIT ENTITIES THAT ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. NCC AND THE FOUNDATION HAVE ALSO BEEN CLASSIFIED AS ENTITIES THAT ARE NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NCC AND THE FOUNDATION PERFORMED EVALUATIONS OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023, AND DETERMINED THAT THERE WERE NO ACCRUALS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON THEIR TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH NCC AND THE FOUNDATION FILE TAX RETURNS. IT IS NCC'S AND THE FOUNDATIONS' POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 1 NATIONAL CHILDREN'S CENTER INC 8757 GEORGIA AVENUE SUITE 700 SILVER SPRING MD 20910 520260523 501(C)(3) 2500000 0 GENERAL SUPPRORT 1 1 0 0 0 0 0 0 0 0 0 PATRICIA A BROWNE PRESIDENT/CEO 263000 0 14450 0 10400 0 5468 0 18900 0 312218 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE NCC BOARD OF DIRECTORS WILL REVIEW THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12 EACH MEMBER OF THE BOARD AND SENIOR MANAGEMENT MUST ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT IF ANY POSSIBLE CONFLICT OF INTEREST ARISES, IT IS DISCLOSED TO THE BOARD BY THE PERSON CONCERNED SUCH PERSON RECUSES HIMSELF/HERSELF FROM THE MEETING WHERE THE MATTER IS ADDRESSED AND RESOLVED IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ESTABLISHES THE CEO'S COMPENSATION BASED ON THE CEO'S EXPERIENCE AND RELEVANT RECRUITING CRITERIA. SUBSEQUENT PAY RAISES ARE DETERMINED BASED UPON THE GOALS AND OBJECTIVES SET FOR EACH FISCAL YEAR. THE FULL BOARD REVIEWS THE CEO'S PERFORMANCE AND APPROVES IN EXECUTIVE SESSION EACH PAY INCREASE. THE DELIBERATION AND DECISION IS DOCUMENTED VIA A LETTER TO THE CEO'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM LAST YEAR. NATIONAL CHILDREN'S CENTER INC 8757 GEORGIA AVE SUITE 700 SILVER SPRING MD 20910 530260523 PROVIDE OPPORTUNITIES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES MD 501(C)(3) LINE 3 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NATIONAL CHILDREN'S CENTER INC B 2500000 FMV