2026-07-15T15:22:38-05:00 2024-08-31 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2023-09-01 341348463 ASSOCIATION OF FRATERNAL LEADERSHIP AND VALUES ASSO 9703721174 11722 ALLISONVILLE RD 103 FISHERS IN 46038 JOHN R O'ROURKE EXECUTIVE DIRECTOR 9703721174 2026-07-14 1 0 CAMI DEMAREE CPA P00742922 3178413393 2026-07-09 2023 2025-03-06 01:10:19Z X JOHN R O'ROURKE 11722 ALLISONVILLE RD 103 FISHERS IN 46038 1356587 0 X WWW.AFVL.ORG X 1983 CO THE ASSOCIATION OF FRATERNAL LEADERSHIP & VALUES (AFLV) EXISTS TO ACCELERATE PROGRESS IN FRATERNITY & SORORITY COMMUNITIES THROUGH CHANGE-ENABLING EXPERIENCES 10 10 0 100 0 0 117422 127664 1169992 1216037 5724 10496 76379 2390 1369517 1356587 1000 0 0 0 355782 388462 0 0 175 1024347 1050349 1381129 1438811 -11612 -82224 951320 866601 612190 586566 339130 280035 THE ASSOCIATION OF FRATERNAL LEADERSHIP & VALUES (AFLV) EXISTS TO ACCELERATE PROGRESS IN FRATERNITY & SORORITY COMMUNITIES THROUGH CHANGE-ENABLING EXPERIENCES. 0 0 1142580 1216037 CONFERENCES & EVENTS 1142580 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 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 14 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 IN X JOHN R O'ROURKE 9703721174 11722 ALLISONVILLE RD BX 354 NO 103 FISHERS IN 46038 LINDSAY SELL CHAIR 1.00 X X 0 0 0 DHANFU ELSTON PHD VICE CHAIR 1.00 X X 0 0 0 GEOFFREY E BROWN TREASURER 1.00 X X 0 0 0 SONJA ARDOIN MEMBER/DIRECTOR 1.00 X 0 0 0 MICHELLE GUOBADIA MEMBER/DIRECTOR 1.00 X 0 0 0 MIKE HAYES MEMBER/DIRECTOR 1.00 X 0 0 0 ERIN HUFFMAN-RICHARD MEMBER/DIRECTOR 1.00 X 0 0 0 TOM JELKE PHD MEMBER/DIRECTOR 1.00 X 0 0 0 HEATHER MATTHEWS MEMBER/DIRECTOR 1.00 X 0 0 0 JEREMIAH SHINN PHD TREASURER 1.00 X X 0 0 0 JOHN O'ROURKE EXECUTIVE DIRECTOR 35.00 X 101628 0 11760 MICHAEL WILSON CFO 5.00 35.00 X 16617 0 2491 118245 0 14251 1 0 0 1 0 92392 35272 127664 MEETINGS AND CONFERENC 611710 1216037 1216037 1216037 10496 10496 EMPLOYEE RETENTION CRE 900099 2390 2390 2390 1356587 1216037 0 12886 135695 78977 56718 252767 147114 105653 61910 61910 3750 2782 968 65 65 13015 9657 3358 19175 17790 1341 44 60148 41824 18324 19343 13413 5930 809253 796077 13045 131 14109 8183 5926 4745 2751 1994 OTHER 33178 19434 13744 TELECOMMUNICATIONS 7556 4578 2978 BAD DEBT EXPENSE 4102 4102 1438811 1142580 296056 175 670037 112770 500056 5000 5000 100659 37799 25817 27708 149807 183268 951320 866601 62065 50420 21875 26700 510046 494413 18204 15033 612190 586566 X 306181 227592 32949 52443 339130 280035 951320 866601 -82224 23129 0 X 1 X 0 1 0 X 185450 79856 168203 117422 127664 678595 185450 79856 168203 117422 127664 678595 8299 670296 1423 2065 5928 5724 10496 25636 52037 76379 2390 130806 835037 3292862 0.80270 0.82130 X 19146 854 11501 31501 15406 4594 -854 19146 17500 -2094 15406 12500 5000 17500 10000 2500 12500 1.00000 0 0 0 DUE TO CENTER FOR FRATERNAL EXCELLENCE, INC. 15033 15033 X 1379651 23129 23129 1356522 65 65 1356587 1438746 0 1438746 65 65 1438811 PART V, LINE 4: THE ASSOCIATION HAS A POLICY WHEREBY SPENDING FROM THE ENDOWMENT FUND WILL BE DETERMINED ANNUALLY AND REVIEWED BY THE BOARD OF DIRECTORS. NO DRAWS WERE APPROVED IN FISCAL 2024, 2023, 2022, 2021, OR 2020 AS THE ENDOWMENT FUND IS AWAITING THE MINIMUM FUNDING BALANCE TO BECOME ENDOWED. IN ESTABLISHING THIS POLICY, THE ASSOCIATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ASSETS HELD FOR ENDOWMENT. THE ASSOCIATION'S OBJECTIVE IS TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE ASSOCIATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION IS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH AUGUST 31, 2023 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, LINE 5 JOHN O'ROURKE IS COMPENSATED BY AN UNRELATED ENTITY, CENTER FOR FRATERNAL EXCELLENCE, FOR WORK PERFORMED FOR ASSOCIATION OF FRATERNAL LEADERSHIP AND VALUES. HE RECEIVED $101,628 FOR THE FISCAL YEAR FOR SERVICES TO THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL ACT ON BEHALF OF THE BOARD OF DIRECTORS DURING THE INTERVAL BETWEEN BOARD OF DIRECTORS MEETINGS AND SHALL HAVE FULL PERSONNEL RESPONSIBILITIES OVER THE POSITION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE WILL DISCHARGE THE FULL BOARD OF DIRECTORS OVERSIGHT RESPONSIBILITIES. THE EXECUTIVE COMMITTEE WILL CONSIST OF THE CHAIR, VICE CHAIR, AND SECRETARY-TREASURER. ONE MEMBER OF THE EXECUTIVE COMMITTEE MAY APPOINT ONE OF THE OTHER DIRECTORS TO SERVE AS COMPLIANCE OFFICER SHOULD A CONFLICT APPLY TO A PARTICULAR SITUATION. THE EXECUTIVE COMMITTEE SHALL SERVE AS THE BUDGET & FINANCE COMMITTEE, THE BYLAWS AND RESOLUTIONS COMMITTEE AND THE PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION OF FRATERNAL LEADERSHIP AND VALUES (AFLV) HAS A SERVICE AGREEMENT WITH CENTER FOR FRATERNAL EXCELLENCE, ASSOCIATION MANAGEMENT COMPANY, TO PERFORM MANAGEMENT DUTIES INCLUDING CFO SERVICES, HUMAN RESOURCES, ACCOUNTING, OFFICE AND IT FUNCTIONS, AND OTHER ADMINISTRATIVE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERSHIP SUBSCRIBERS AND ASSOCIATE MEMBERS. MEMBERSHIP SUBSCRIBERS ARE ORGANIZATIONS WHO RECEIVE CERTAIN BENEFITS FROM THE ASSOCIATION OF FRATERNAL LEADERSHIP & VALUES BUT DO NOT HAVE VOTING RIGHTS. ASSOCIATE MEMBERS ARE INDIVIDUALS, ORGANIZATIONS, MANUFACTURERS OR SUPPLIERS OF GOODS AND SERVICES THAT OPERATE FOR PROFIT AND SUPPORT OF POLICIES, PURPOSES AND ACTIVITIES OF THE ASSOCIATION, EDUCATIONAL ASSOCIATIONS, GOVERNMENTAL AGENCIES AND OTHER NON-PROFIT GROUPS ASSOCIATE MEMBERSHIP IS SUBJECT TO APPORVAL BY THE EXECUTIVE DIRECTOR ASSOCIATE MEMBERS DO NOT HAVE VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS. IN ADDITION A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. EACH OFFICER, DIRECTOR AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS TAX-EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS REVIEWED BY THE BOARD OF DIRECTORS SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES IN CONNECTION WITH ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICT AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS THE TO THE BOARD OF DIRECTORS AFTER DISCLOSURE OF THE CONFLICT OF INTEREST AND ALL MATERIAL FACTS THE INTERESTED PERSON SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRENTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. AMENDED FORM 990, SCHEDULES THE RETURN IS BEING AMENDED TO REFLECT THE MOST RECENT COMPILATION OF THE FISCAL YEAR. THE FOLLOWING FORMS CONTAIN AMENDMENTS: FORM 990 ALONG WITH THE SCHEDULES CONTAIN AMENDMENTS.