2021-05-17T10:10:21-05:00 2020-06-30 135381590 BDO USA LLP 800 RED BROOK BLVD SUITE 300 OWINGS MILLS MD 21117 990 2019-07-01 521787902 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS EDUCATIONAL FOUNDATION INC MARY 4102966250 901 DULANEY VALLEY ROAD NO 800 TOWSON MD 21204 FRANCIS J FALATKO CHIEF FINANCIAL OFFICER 4102966250 2021-04-28 1 BRIAN J RAY P01278507 4103633200 2019 2022-09-23 18:48:47Z FRANCIS J FALATKO 901 DULANEY VALLEY ROAD NO 800 TOWSON MD 21204 146788 0 X N/A X 1992 MD THE MACPA EDUCATIONAL FOUNDATION'S PURPOSE IS TO ENCOURAGE STUDENTS TO PURSUE CAREERS AS CERTIFIED PUBLIC ACCOUNTANTS AND TO CARRY ON CERTAIN CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC (MACPA). THE FOUNDATION ALSO INCLUDES A CPA PIPELINE AND DIVERSITY AND INCLUSION INITIATIVES. 6 6 0 0 0 0 73671 18236 0 0 33970 21876 0 0 107641 40112 8500 16500 0 0 0 0 0 0 0 51 77150 8551 93650 99090 -53538 514576 502174 0 3348 514576 498826 X THE MACPA EDUCATIONAL FOUNDATION'S PURPOSE IS TO ENCOURAGE STUDENTS TO PURSUE CAREERS AS CERTIFIED PUBLIC ACCOUNTANTS AND TO CARRY ON CERTAIN CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC (MACPA). THE FOUNDATION ALSO INCLUDES A CPA PIPELINE AND DIVERSITY AND INCLUSION INITIATIVES. 0 0 89984 16500 THE FOUNDATION PROVIDES SCHOLARSHIPS TO ACCOUNTING STUDENTS. 18 SCHOLARSHIPS WERE GIVEN BASED ON NEED, MERIT, AND THE DESIRE TO PURSUE A CAREER AS A CERTIFIED PUBLIC ACCOUNTANT AS WELL AS VARIOUS PIPELINE, DIVERSITY, AND INCLUSION INITIATIVES. 89984 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MD X X FRANCIS J FALATKO 4102966250 901 DULANEY VALLEY ROAD SUITE 800 TOWSON MD 21204 RAYMOND SPECIALE PRESIDENT 0.20 X 0 0 0 ALEXANDRA KESSLER VICE PRESIDENT 0.20 X 0 0 0 SAMANTHA BOWLING TREASURER 0.20 X 0 0 0 AVONETTE BLANDING SECRETARY 0.20 X 0 0 0 J THOMAS HOOD III CHIEF EXECUTIVE OFFICER 0.20 X X 0 390591 20046 JACQUELINE BROWN CHIEF OPERATING OFFICER 0.20 X X 0 205852 20144 FRANCIS FALATKO CHIEF FINANCIAL OFFICER 0.20 X 0 141360 11724 0 737803 51914 0 0 1 0 0 18236 18236 28066 28066 100486 106676 -6190 -6190 -6190 40112 0 0 21876 X 16500 16500 34334 34334 2000 2000 1666 1666 39150 39150 93650 89984 3666 0 96597 16981 35000 35000 14398 377796 435795 5183 0 514576 502174 3348 0 3348 X 474273 460284 40303 38542 514576 498826 514576 502174 -53538 37788 0 X 0 1 X 0 0 X X 1 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC 520702331 10 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: THE EDUCATIONAL FOUNDATION PROVIDES SCHOLARSHIPS TO ACCOUNTING STUDENTS WHO EXPRESS A DESIRE TO BECOME CPAS. THERE IS A SCHOLARSHIP COMMITTEE WHICH REVIEWS APPLICATIONS AND DETERMINES THE RECIPIENTS. SCHOLARSHIPS ARE BASED ON NEED, GRADES, AND MEETING THE REQUIREMENTS FOR THE APPLICATION. THE EDUCATIONAL FOUNDATION'S BOARD OF DIRECTORS IS COMPRISED OF MACPA'S FOUR PERSON EXECUTIVE COMMITTEE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40303 -761 1000 38542 38912 2391 1000 40303 31008 5000 3404 500 38912 25000 5000 3055 2047 31008 25813 241 1054 25000 1.00000 0 0 0 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF ONE NAMED SCHOLARSHIP FUND TO PROVIDE SCHOLARSHIPS FOR MINORITY AND/OR WOMEN STUDENTS. 1 ACCOUNTING SCHOLARSHIPS 18 16500 0 0 0 0 0 0 0 0 0 J THOMAS HOOD III CHIEF EXECUTIVE OFFICER 0 384003 0 0 0 6588 0 16500 0 3546 0 410637 0 0 JACQUELINE BROWN CHIEF OPERATING OFFICER 0 189664 0 15000 0 1188 0 13143 0 7001 0 225996 0 0 FRANCIS FALATKO CHIEF FINANCIAL OFFICER 0 140172 0 0 0 1188 0 9874 0 1850 0 153084 0 0 PART I LINE 3 EXPLANATION METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR: THE EXECUTIVE DIRECTOR HAS AN EMPLOYMENT CONTRACT THAT IS DEVELOPED BY A FOUR-PERSON COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS THE WORK OF THE EXECUTIVE DIRECTOR ANNUALLY, AND WHEN A NEW CONTRACT IS DEVELOPED, THE COMMITTEE USES SIMILAR ENTITIES' FORM 990S AND ASAE'S COMPENSATION STUDY TO DEVELOP THE PROPER CONTRACT AND COMPENSATION. THE EXECUTIVE DIRECTOR, ALONG WITH THE COMPENSATION COMMITTEE DETERMINE THE SALARY OF THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER. SIMILAR ENTITIES' COMPENSATION AND ASAE'S STUDIES ARE ALSO USED IN THE DETERMINATION OF THEIR SALARIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL DRAFT IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AVAILABLE UPON REQUEST AND IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS MADE AVAILABLE ON THE MACPA WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 39,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,150. MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC 901 DULANEY VALLEY ROAD SUITE 800 TOWSON MD 21204 520702331 TO PROVIDE EDUCATION AND INFORMATION TO ITS MEMBERS MD 501(C)(6) 0 BUSINESS LEARNING INSTITUTE INC 901 DULANEY VALLEY ROAD SUITE 800 TOWSON MD 21204 260041639 DELIVER COMPETENCY-BASED CURRICULUM TO ENHANCE LEARNING FOR BUSINESSES MD MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC P 73484 REIMBURSEMENT FOR EXPENSES