2025-02-11T10:48:15-06:00 2023-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2023-01-01 821949598 THE NANTUCKET PROJECT ACADEMY INC NANT 3129896096 PO BOX 568 NANTUCKET MA 02554 DAVID RAMIREZ CFO 3129896096 2025-02-11 1 1 SANDRA M BROWN CPA P01614103 5088717178 2025-02-11 2023 2025-03-06 01:10:19Z X X DAVID RAMIREZ PO BOX 568 NANTUCKET MA 02554 3554666 0 X WWW.TNP-ACADEMY.ORG X 2017 MA TO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS. 5 2 5 0 0 0 813810 2399666 85000 1155000 0 0 0 0 898810 3554666 0 0 0 0 134909 404652 0 100000 223705 889425 2990692 1024334 3495344 -125524 59322 192551 533051 62309 343487 130242 189564 X OUR VISION IS A WORLD IN WHICH CURIOSITY, FRESH THINKING AND THE DIVERSITY OF HUMAN EXPERIENCE ARE EXPLORED AND CELEBRATED, WHERE PEOPLE LIVE WITH EMPATHY AND GENEROSITY TOWARDS THEMSELVES AND OTHERS, AND WHERE COMMUNITIES WORK COLLABORATIVELY TOWARDS HEALTH, PEACE AND PROSPERITY FOR ALL.OUR MISSION IS TO ACCELERATE THE DISTRIBUTION AND IMPACT OF IDEAS THAT ADDRESS CHALLENGING PROBLEMS OF OUR TIME WITH A FOCUS ON HUMANITY, ALWAYS. 0 0 3046170 1155000 WE ARE STORYTELLERS WHO USE A UNIQUE APPROACH COMBINING PLURALISM PRACTICES, FILM & LIVE CONVERSATIONS TO SOLVE COMPLEX ISSUES FACING AMERICA. WE ACTION THIS THROUGH OUR ANNUAL EVENT AND THROUGH RELEVANT DOCUMENTARIES/FILMS AND TALKS SHOWN AT THE ANNUAL EVENT, SMALLER SATELLITE GATHERINGS AND VIRTUAL MEETINGS. 3046170 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 23 0 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 2 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 MA X X THE ORGANIZATION 3129896096 PO BOX 568 NANTUCKET MA 02554 KATE BROSNAN CLERK/EXECUTIVE DIRECTOR/PROFESSIONAL SERVICES 40.00 X X 90865 0 6254 TOM SCOTT CHIEF EXECUTIVE OFFICER/DIRECTOR 40.00 X X 46154 0 18511 GAYLE JENNINGS O'BRYNE PRESIDENT 2.00 X X 0 0 0 MARGARETTA ANDREWS TREASURER 2.00 X X 0 0 0 FRANCESCA SCHULER DIRECTOR 2.00 X 81250 0 0 218269 0 24765 0 0 0 0 0 2399666 2399666 NANTUCKET PROJECT CONF 900099 1155000 1155000 1155000 3554666 1155000 0 0 X 246183 64655 65000 116528 78716 78716 51432 51432 28321 21144 7177 3920 3920 36332 36332 100000 100000 494841 454852 39989 15488 15488 8601 8601 248209 248209 2127162 2127162 56139 56139 3495344 3046170 225469 223705 42551 65343 233854 150000 0 233854 192551 533051 62309 109633 233854 62309 343487 X 130242 189564 130242 189564 192551 533051 59322 0 X 0 1 X 0 0 X 1478426 895642 1265660 813810 2399666 6853204 1478426 895642 1265660 813810 2399666 6853204 3811383 3041821 6853204 673590 0.44390 0.29650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM RELATED PARTY 233854 233854 X 3554666 0 3554666 0 3554666 3495344 0 3495344 0 3495344 PART X, LINE 2: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE, OR NONEXISTENCE, OF UNRELATED BUSINESS INCOME AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEAR PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. X X X X 0 VICTORIA MONTGOMERY BROWN 113 GREENE ST 3 NEW YORK NY 10012 FUNDRAISING CONSULTANT 0 0 76000 0 ROB GREGORY 6 TOMAC AVE OLD GREEWICH CT 06870 FUNDRAISING CONSULTANT 0 0 24000 0 100000 NANTUCKET PROJECT LLC THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER OPERATING EXPENSES X 233854 233854 0 0 0 233854 NANTUCKET PROJECT LLC THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER 93789 REIMBURSEMENT OF EXPENSES TO THE NANTUCKET PROJECT, LLC. 0 NANTUCKET PROJECT LLC THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER 127644 REIMBURSEMENT OF SHARED PAYROLL EXPENSE 0 NANTUCKET PROJECT LLC THE NANTUCKET PROJECT LLC IS 35% OWNED BY TOM SCOTT, A BOARD MEMBER 300000 REIMBURSEMENT OF SPEAKER FEES 0 FORM 990, PART VI, SECTION A, LINE 2 IN 2023, BOTH THE CLERK/EXECUTIVE DIRECTOR AND THE CEO/DIRECTOR OF TNP ACADEMY WAS ALSO CO-FOUNDER, BOARD MEMBER, EMPLOYEE AND EQUITY HOLDER OF THE NANTUCKET PROJECT, LLC. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING THE YEAR ENDED DECEMBER 31, 2023. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT MAINTAIN ANY BOARD MINUTES DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PROVIDED TO BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR AND CEO IS DETERMINED AFTER REVIEW AND APPROVAL BY THE BOARD. COMPENSATION IS ASSESSED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSUTLANTS AND CONTRACTORS: PROGRAM SERVICE EXPENSES 454,852. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 454,852. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,989. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,989. PAGE 1, SECTION B REASON FOR AMENDED RETURN: THE TAXPAYER'S AUDITED FINANCIAL STATEMENTS WERE COMPLETED AND REFLECTED VARIANCES FROM THE ORIGINALLY FILED TAX RETURN. 990 PAGE 1, PART I, LINE 12: TOTAL REVENUE INCREASE FROM $3,543,666 TO $3,554,666. AN INCREASE OF $11,000. TOTAL CONTRIBUTIONS CHANGED FROM $3,005,076 TO $3,016,076. 990, PAGE 2, PART III, LINE 4A: TOTAL PROGRAM EXPENSES CHANGED FROM $3,396,948 TO $3,046,170. A DECREASE OF $350,778. LINE 4B CHANGED FROM $1,909,590 TO $1,155,000. A DECREASE OF $754,590. 990 PAGE 9, PART VIII, LINE 1F: TOTAL CONTRIBUTIONS CHANGED FROM $3,005,076 TO $2,399,666. A DECREASE OF $605,410. 990 PAGE 10, PART XI, LINE 25: COLUMN A CHANGED FROM $3,681,474 TO $3,495,344. A DECREASE OF $186,130. COLUMN B CHANGED FROM $3,396,948 TO $3,046,170. A DECREASE OF $350,778. COLUMN C CHANGED FROM $284,526 TO $225,469. A DECREASE OF $59,057. COLUMN D CHANGED FROM $0 TO $223,703. AN INCREASE OF $223,705. 990 PAGE 11, PART X, LINE 16: TOTAL ASSETS CHANGED FROM $85,385 TO $299,854. AN INCREASE OF $214,469. A/R CHANGED FROM $20,042 TO $0. A DECREASE OF $20,042. OTHER ASSETS CHANGED FROM $0 TO $233,854. AN INCREASE OF $233,854. 990 PAGE 11, PART X, LINE 26: TOTAL LIABILITIES CHANGED FROM $92,951 TO $109,633. AN INCREASE OF $16,682. DEFERRED REVENUE CHANGED FROM $11,000 TO $0. AN DECREASE OF $11,000. 990 PAGE 11, PART X, LINE 27: NET ASSETS WITHOUT DONOR RESTRICTIONS CHANGED FROM ($7,566) TO $189,564. AN INCREASE OF $197,130. SCHEDULE A, PART II, LINE 1: CHANGED FROM $1,634,076 TO $2,399,666. AN INCREASE OF $765,590. SCHEDULE D PART XI, LINE 1: CHANGED FROM $2,723,956 TO $3,554,666. AN INCREASE OF $830,710 SCHEDULE D PART XI, LINE 1D: CHANGED FROM ($819,710) TO $0. AN INCREASE OF $819,710. SCHEDULE D PART XII, LINE 1: CHANGED FROM $2,861,764 TO $3,495,344. AN INCREASE OF $633,580. SCHEDULE D PART XII, LINE 4B: CHANGED FROM $819,710 TO $0 DECREASE OF $819,710. SCHEDULE G PAGE 1 WAS NOT PREPARED ON THE ORIGINAL FILING AND HAS BEEND INLUCDED ON THE AMENDED FILING.