2022-04-22T06:14:48-05:00 2021-06-30 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2020-07-01 521900336 NBAA CHARITIES % MARC FREEMAN NBAA 2027839000 1200 G STREETNW Suite 1100 WASHINGTON DC 20005 MARC FREEMAN CFO 2024787769 2022-04-21 true MARC FREEMAN 999009999 Marc Berger P01871563 7038930600 2022-04-21 2 2020 2022-09-23 18:48:47Z EDWARD M BOLEN 1200 G STREETNW1100 WASHINGTON DC 20005 47163 false X N/A X 1994 DC NBAA CHARITIES RAISES FUNDS TO SUPPORT A NUMBER OF PHILANTHROPIC ORGANIZATIONS AND INITIATIVES THAT USE GENERAL AVIATION AIRPLANES FOR HUMANITARIAN PURPOSES. 3 1 0 1 0 122383 47163 0 0 0 0 0 0 122383 47163 127452 54203 0 0 0 0 0 0 0 21988 14637 149440 68840 -27057 -21677 360432 363913 313507 338665 46925 25248 NBAA CHARITIES RAISES FUNDS TO SUPPORT A NUMBER OF PHILANTHROPIC ORGANIZATIONS AND INITIATIVES THAT USE GENERAL AVIATION AIRPLANES FOR HUMANITARIAN PURPOSES. false false 63606 54203 0 NBAA CHARITIES SOLICITS, COLLECTS AND DISTRIBUTES FUNDS TO ORGANIZATIONS THAT ARE INVOLVED IN AND SUPPORTIVE OF CHARITABLE USE OF BUSINESS AIRCRAFT, EDUCATION ABOUT BUSINESS AIRCRAFT OR OTHER EFFORTS TO DEMONSTRATE THE BROADER VALUE OF BUSINESS AIRCRAFT. 63606 true true false false false false false false false false false false false false false true false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 12 0 true 0 false false false false false false false false false false false false X 3 1 true false false false true true true true false false false true true true true true true false false false FL X MARC FREEMAN 2024787769 1200 G STREET NW SUITE 1100 WASHINGTON DC 20005 EDWARD M BOLEN CHAIRMAN & PRESIDENT 2.0 50.0 X X 0 1296285 68380 BENJAMIN SCHWALEN SECRETARY 2.0 50.0 X X 0 162305 34791 Elizabeth Dornak TREASURER 0.15 1.0 X X 0 0 0 0 1458590 103171 0 false true false 0 47163 47163 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47163 7000 7000 47203 47203 0 0 0 0 0 0 0 0 0 0 2476 2476 0 0 0 0 0 0 8000 8000 0 0 0 0 0 0 0 0 0 BANK FEES 2519 2519 0 BAD DEBT 1403 1403 OTHER EXPENSES 239 239 68840 63606 5234 0 326415 355214 0 0 0 0 34014 1647 0 0 0 0 0 0 0 0 0 0 0 0 3 3 0 0 0 0 0 0 0 7049 360432 363913 313507 338665 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 313507 338665 X 46925 25248 0 0 46925 25248 360432 363913 -21677 X X false true X true false X 148313 120317 103423 122383 47163 541599 0 0 148313 120317 103423 122383 47163 541599 275189 266410 27 0 0 0 0 27 0 0 541626 0.49187 0.63788 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X FIN 48 FOOTNOTE FORM 990, SCH D, PART X, LINE 2: NBAA CHARITIES HAS RECEIVED A DETERMINATION LETTER FROM THE IRS THAT THEY ARE NOT SUBJECT TO INCOME TAX ON THEIR EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE IRC. NBAA CHARITIES HAD NO UNRELATED BUSINESS TAXABLE INCOME DURING THE YEARS ENDED JUNE 30, 2021 AND 2020. THE ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, THE ORGANIZATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES. THE TAX YEARS ENDED JUNE 30, 2017 THROUGH 2020 REMAIN OPEN TO EXAMINATION BY THE TAXING JURISDICTIONS TO WHICH THE ORGANIZATION IS SUBJECT, AND THEY HAVE NOT BEEN EXTENDED BEYOND THE APPLICABLE STATUTE OF LIMITATIONS. NO EXAMINATIONS ARE CURRENTLY IN PROCESS. true SCHOLARSHIPS 17 47203 SCHEDULE I, PART I, LINE 2 - PROCEDURE FOR MONITORING GRANTS IN THE US: GRANTS ARE IN SUPPORT OF 501(C)(3) CHARITABLE ORGANIZATIONS WHICH HAVE BEEN VETTED BY THE ORGANIZATION TO ASSURE THAT FUNDS ARE PROPERLY USED FOR CHARITABLE PURPOSES. false true false false false false false false false EDWARD M BOLEN CHAIRMAN & PRESIDENT 0 1291568 0 2000 0 2717 0 26200 0 42180 0 1364665 0 0 BENJAMIN SCHWALEN SECRETARY 0 159958 0 2000 0 347 0 10930 0 23861 0 197096 0 0 SCHEDULE J, PART I, LINE 4B: THE CEO HAS A DEFERRED COMPENSATION PLAN THAT IS SCHEDULED TO BE PAID IN FUTURE YEARS. FORM 990, PART VI, SECTION A, LINE 2: EDWARD M. BOLEN IS PRESIDENT OF THE NATIONAL BUSINESS AVIATION ASSOCIATION AND BENJAMIN SCHWALEN IS CORPORATE SECRETARY OF NBAA. FORM 990, PART VI, SECTION A, LINE 6: THE NATIONAL BUSINESS AVIATION ASSOCIATION IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A: THE NATIONAL BUSINESS AVIATION ASSOCIATION AS THE SOLE MEMBER CAN APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B: THE NATIONAL BUSINESS AVIATION ASSOCIATION AS THE SOLE MEMBER CAN APPROVE ACTIONS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B: THE ORGANIZATION DOES NOT HAVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY BDO USA, LLP, CPAS, NBAA CHARITIES' OUTSIDE AUDITOR. THE DATA AND INFORMATION USED TO PREPARE THE RETURN IS PROVIDED BY NBAA CHARITIES MANAGEMENT. ONCE THE RETURN IS PREPARED IN DRAFT BY BDO AND REVIEWED BY NBAA CHARITIES MANAGEMENT, IT IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE BEING FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C: CONFLICT OF INTEREST POLICIES WERE SIGNED BY THE BOARD OF DIRECTORS. THE POLICY REQUIRES ALL CONFLICTS OF INTEREST TO BE DISCLOSED. MANAGEMENT PERFORMS INTERNAL REVIEWS TO DETERMINE IF A POTENTIAL CONFLICT IS REQUIRED TO BE DISCLOSED. NBAA CHARITIES' BOOKS AND RECORDS ARE AUDITED BY AN INDEPENDENT CPA FIRM. AS PART OF THE AUDIT, THEY PERFORM A SEARCH FOR CONFLICT OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A & 15B: THE ORGANIZATION HAS NO EMPLOYEES BUT RATHER UTILIZES EMPLOYEES OF NBAA, A RELATED ORGANIZATION. THUS, THE ORGANIZATION DOES NOT HAVE COMPENSATION POLICIES. NBAA EMPLOYEES ARE SUBJECT TO ITS COMPENSATION POLICIES AS DISCLOSED ON ITS FORM 990. FORM 990, PART VI, SECTION C, LINE 19: UPON REQUEST, THE ORGANIZATION'S DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: OVERSIGHT OF THE FINANCIAL STATEMENTS AUDIT: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NATIONAL BUSINESS AVIATION ASSOC INC 1200 G STREET SUITE 1100 WASHINGTON DC 20005 521633654 TRADE ASSOC DC 501(C)(6) NA false false false false false false false false false false false false false false true true false false false false