2024-06-26T12:03:08-05:00 2023-12-31 521626705 ROSENBLOOM & BUTLER CPAS PC 1455 RESEARCH BLVD SUITE 510 ROCKVILLE MD 20850 990 2023-01-01 112741490 NATIONAL ASSOCIATION OF SCHOLARS INC NATI 9175516770 13 W 36TH STREET 4TH FLOOR NEW YORK NY 10018 THOMAS KLINGENSTEIN TREASURER 9175516770 2024-06-19 1 THOMAS KLINGENSTEIN 999009999 0 DAVID BUTLER CPA P00175208 3017627755 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X PETER WOOD 13 W 36TH STREET 4TH FLOOR NEW YORK NY 10018 4400710 0 X WWW.NAS.ORG X 1987 NY PROMOTION AND PRESERVATION OF HIGH ACADEMIC STANDARDS IN TEACHING AND SCHOLARSHIP. 16 16 0 0 0 0 2541925 2914376 0 0 91334 53148 57 31 2633316 2967555 44350 75355 0 0 1572721 1609243 109121 84120 84120 775549 971086 2501741 2739804 131575 227751 4510008 5284823 273300 373659 4236708 4911164 X THE NATIONAL ASSOCIATION OF SCHOLARS IS A NETWORK OF SCHOLARS AND OTHERS COMMITTED TO UPHOLDING THE STANDARDS OF A LIBERAL ARTS EDUCATION THAT FOSTERS INTELLECTUAL FREEDOM, INVESTIGATE RELEVANT ISSUES, AND PROMOTE HIGHER EDUCATION. 0 0 2183546 75355 JOURNALS & REPORTSPUBLISHED A QUARTERLY JOURNAL, ACADEMIC QUESTIONS, WHICH EXPLORES THE VICES AND VIRTUES OF THE CONTEMPORARY UNIVERSITY. ISSUES ARE OFTEN THEMED AND INCLUDE SCHOLARLY ARTICLES, BOOK REVIEWS, POETRY, AND ITEMS OF ACADEMIC INTEREST. A SUBSCRIPTION TO ACADEMIC QUESTIONS IS INCLUDED IN NAS MEMBERSHIP. PUBLISH STUDIES THAT EXAMINE CURRICULA AND OTHER ASPECTS OF HIGHER EDUCATION POLICY AND PRACTICE. THESE STUDIES DOCUMENT TRENDS IN CONTEMPORARY ACADEMIA. THEY AIM TO STIMULATE IMPROVEMENTS TO THE QUALITY OF EDUCATION IN OUR COLLEGES AND UNIVERSITIES. 99458 ADVOCACY, COMMENTARY AND MEETINGSNATIONAL ASSOCIATION OF SCHOLARS ADVOCATES FOR HIGHER EDUCATION REFORM AND FREEDOM OF SPEECH AND CONSCIENCE. WE ENGAGE PUBLIC SUPPORT FOR WORTHY REFORMS. IN OUR WRITING WE ADVOCATE PUBLICLY FOR THE INTELLECTUAL FREEDOM OF FACULTY MEMBERS, ADMINISTRATORS, STUDENTS, AND INVITED CAMPUS SPEAKERS. OUR WEBSITE PRESENTS DAILY OPINION AND COMMENTARY ON DEVELOPMENTS AND TRENDS IN HIGHER EDUCATION. A HIGH-TRAFFIC DESTINATION LINKED BY MAJOR ONLINE PUBLICATIONS, NAS.ORG PUBLISHES SUBSTANTIAL OP-ED STYLE ARTICLES BY GUEST AUTHORS AND NAS STAFF, ALONG WITH DEBATES AND VIDEOS.NAS HOLDS NATIONAL AND REGIONAL MEETINGS THAT FOCUS ON IMPORTANT ISSUES AND PUBLIC POLICY DEBATES IN HIGHER EDUCATION TODAY. AT THESE MEETINGS AND CONFERENCES, THOSE CONCERNED ABOUT HIGHER EDUCATION CONVENE TO DISCUSS ISSUES OF THE MOMENT, PROPOSE REFORMS, AND RECOGNIZE INDIVIDUAL ACHIEVEMENTS. 2283004 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ORGANIZATION'S MANAGEMENT 9175516770 420 MADISON AVE 7TH FLOOR NEW YORK NY 10017 DANIEL ASIA MEMBER 0.00 X 0 0 0 STEPHEN BALCH MEMBER 0.00 X 0 0 0 JAY BERGMAN MEMBER & SECRETARY 10-2022 0.00 X 0 0 0 PETER BERKOWITZ MEMBER 0.00 X 0 0 0 WARD CONNERLY MEMBER 0.00 X 0 0 0 GEORGE W DENT JR MEMBER 0.00 X 0 0 0 DAVID GORDON MEMBER 0.00 X 0 0 0 GAIL L HERIOT MEMBER 0.00 X 0 0 0 THOMAS KLINGENSTEIN MEMBER & TREASURER 0.00 X X 0 0 0 WIGHT MARTINDALE MEMBER 0.00 X 0 0 0 RICHARD VEDDER MEMBER 0.00 X 0 0 0 BRADLEY CS WATSON MEMBER 0.00 X 0 0 0 AMY WAX MEMBER 0.00 X 0 0 0 ALBERT KEITH WHITAKER MEMBER & CHAIRMAN 0.00 X X 0 0 0 BRUCE GILLEY MEMBER 0.00 X 0 0 0 PETER WOOD PRESIDENT 40.00 X 279334 0 16727 279334 0 16727 1 0 1 0 0 109981 2804395 74199 2914376 101761 101761 1384542 1433155 -48613 -48613 -48613 OTHER INCOME 611710 31 31 31 2967555 -48582 0 101761 75355 75355 291075 276521 14554 1006886 840634 166252 61897 53275 8622 157998 135989 22009 91387 78657 12730 3265 2122 1143 20967 13629 7338 39100 39100 84120 84120 116160 112675 3485 117625 100818 16807 47656 45273 2383 162528 113770 48758 68204 54185 14019 18347 15725 2622 COMMUNICATION CONSULTAN 131993 125393 6600 PUBLICATIONS 126198 126198 CONFERENCE 74582 74582 POSTAGE & FREIGHT 42241 36205 6036 2220 1998 222 2739804 2283004 372680 84120 1108504 1461229 21681 37201 72925 72925 0 0 3344761 3751330 35062 35063 4510008 5284823 43470 56635 229830 317024 273300 373659 X 4067662 4657674 169046 253490 4236708 4911164 4510008 5284823 X 227751 446705 0 X 0 1 X 0 0 X 1964190 3180899 2896648 2091504 2914376 13047617 1964190 3180899 2896648 2091504 2914376 13047617 3149170 9898447 6342 136945 78592 91334 53143 366356 14462 13095 162 57 31 27807 13441780 0.73640 0.96650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72925 72925 0 0 EXCHANGE TRADED FUNDS 3751330 F 3751330 3414260 446705 446705 2967555 0 2967555 2722299 0 2722299 17505 17505 2739804 PART XII, LINE 4B - OTHER ADJUSTMENTS: LEASE EXPENSE SCH D, PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF ITS YEAR END, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NATIONAL ASSOCIATION OF SCHOLARS, INC. IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES NATIONAL ASSOCIATION OF SCHOLARS, INC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME. X X X X X 1 MELLADY DIRECT MARKETING 29035 THE OLD RD VALENCIA CA 913551083 DIRECT MAILING 0 0 84120 -84120 84120 -84120 1 HONORARIA X 0 0 0 0 0 0 0 0 0 PETER WOOD PRESIDENT 279334 0 0 0 0 0 22500 0 0 0 301834 0 0 0 X 4 74199 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REMINDS STAFF OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE POLICY PRECLUDES OFFICERS AND EMPLOYEES FROM MAKING ANY DECISIONS FROM WHICH THEY WILL BENEFIT FINANCIALLY. THE POLICY ALSO REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST BE DISCLOSED. THE POLICY IS REVIEWED PERIODICALLY BY THE PRESIDENT AND BOARD. POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINATIONS ARE MADE ON A CASE-BY-CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR PRIOR TO THE ANNUAL BOARD OF DIRECTORS MEETING, THE BOARD'S COMMITTEE ON EXECUTIVE COMPENSATION SHALL CONSIDER WHAT CHANGES, IF ANY, SHOULD BE MADE IN THE SALARY OF THE PRESIDENT. IF ANY CHANGES ARE RECOMMENDED, THESE SHALL BE REPORTED TO THE BOARD OF DIRECTORS FOR FINAL DECISION. THE COMPENSATION OF CHIEF EXECUTIVES AT COMPARABLE ORGANIZATIONS IS TAKEN INTO ACCOUNT. FORM 990, PART VI, SECTION C, LINE 18 EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 EACH OF THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI RECONCILIATION OF NET ASSETS FORM 990 NET ASSETS RECONCILE TO AUDITED FINANCIAL STATEMENTS AS FOLLOWS. DIFFERENCES ARE DUE TO NEW FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASU#2016-02 & REVISIONS (TOPIC 842) FOR LEASE STANDARDS: FINANCIAL STATEMENT NET ASSETS 12-31-2023 $4,901,070 FASB YEAR-END WRITE UP/(DOWN) OF LEASES '23 10,094 _____________________________________________________________________ TAX RETURN NET ASSETS 12-31-2023 $4,911,164