2021-05-10T15:49:14-05:00 2020-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2019-07-01 362169155 NATIONAL CONGRESS OF PARENTS & TEACHERS NATI 7035181200 1250 N PITT STREET ALEXANDRIA VA 22314 NATHAN MONELL EXECUTIVE DIRECTOR 7035181200 2021-05-10 1 RICHARD J LOCASTRO CPA P00288314 3019519090 2019 2022-09-23 18:48:47Z NATIONAL PTA NATHAN MONELL 1250 N PITT STREET ALEXANDRIA VA 22314 14150184 0 X WWW.PTA.ORG X 1897 DC SEE PART III, LINE 1. 27 27 60 20000 195557 0 11680922 11407374 664935 345065 777166 269672 -267320 -201083 12855703 11821028 720042 1008361 0 0 6895610 6587960 0 0 871683 5591534 3782442 13207186 11378763 -351483 442265 19857410 19792839 7137128 6820581 12720282 12972258 X PTA'S MISSION IS TO MAKE EVERY CHILD'S POTENTIAL A REALITY BY ENGAGING AND EMPOWERING FAMILIES AND COMMUNITIES TO ADVOCATE FOR ALL CHILDREN. FOR MORE THAN 120 YEARS, NATIONAL PARENT TEACHER ASSOCIATION (NATIONAL PTA) HAS WORKED TOWARD BETTERING THE LIVES OF (CONTINUED ON SCH. O) EVERY CHILD IN EDUCATION, HEALTH AND SAFETY. FOUNDED IN 1897 AS THE NATIONAL CONGRESS OF MOTHERS BY ALICE MCLELLAN BIRNEY AND PHOEBE APPERSON HEARST, NATIONAL PTA IS A POWERFUL VOICE FOR ALL CHILDREN, A RELEVANT RESOURCE FOR FAMILIES AND COMMUNITIES, AND A STRONG ADVOCATE FOR PUBLIC EDUCATION. THE PTA'S NATIONWIDE NETWORK PROVIDES PARENTS WITH THE FORUM AND TOOLS TO COLLECTIVELY INFLUENCE THE DECISIONS THAT AFFECT CHILDREN NOT ONLY AT THEIR SCHOOLS, BUT ALSO THROUGHOUT THEIR DISTRICTS, WITHIN THEIR STATES, AND ACROSS THE NATION. THIS MISSION IS UNIQUE TO PTA. 0 0 3251310 966127 311872 PROGRAMS: DEVELOPED NEW PROGRAMS, CURRICULUM AND TOOLKITS THAT ARE ALIGNED WITH THE STRATEGIC PLAN AND ADVANCED THE MISSION OF THE NATIONAL PTA. PROVIDED STATE AND LOCAL LEADERS WITH TECHNICAL ASSISTANCE, INFORMATION, AND SUPPORT TO IMPLEMENT THE NATIONAL PTA PROGRAMS AT THE STATE AND LOCAL LEVEL. PROVIDED A ROBUST CADRE OF E-LEARNING COURSES TO HELP LEADERS REFINE THEIR SKILLS, AND SHED LIGHT ON AREAS SUPPORTING LOCAL PTA UNITS AND RUNNING A STATE PTA. 1585743 17334 MEMBER AND FIELD SERVICES: DEVELOPED AND SUSTAINED PROGRAMS, CURRICULUM, AND TOOLKITS ALIGNED WITH THE NATIONAL PTA 2020 STRATEGIC VISION TO ADVANCE THE IMPORTANT MISSION OF THE ASSOCIATION. PROVIDED STATE AND LOCAL LEADERS AND LOCAL UNITS WITH TECHNICAL ASSISTANCE, INFORMATION, TRAINING, AND SUPPORT TO IMPLEMENT PROGRAMS. NATIONAL PTA OFFERS AWARDS AND GRANTS TO HONOR OR SUPPORT PTAS AS THEY: ENGAGE FAMILIES, SUPPORT STUDENT SUCCESS, IMPROVE THE HEALTH AND SAFETY OF STUDENTS AND FAMILIES, INCREASE ACCESS TO ARTS EDUCATION OR CELEBRATE ADVOCACY AND DIVERSITY. TRAINING: PROVIDED TRAINING FOR OUR MEMBERS FROM EXPERTS IN NONPROFIT MANAGEMENT, FAMILY ENGAGEMENT AND CHILD ADVOCACY. DEVELOPED AND DISTRIBUTED A LOCAL PTA LEADER KIT, A YEAR-ROUND RESOURCE TO SUPPORT THE NEEDS OF ALL PTA LEADERS, THAT INCLUDED 333 INSTRUCTOR-LED TRAININGS AND WEBINARS. DEPLOYED E-LEARNING COURSES FOR MORE THAN 9,870 REGISTRANTS. 1116537 21500 ADVOCACY: ADVOCATED FOR POLICIES THAT BENEFIT ALL CHILDREN AND FAMILIES VIA WIDE DISSEMINATION OF PUBLIC POLICY AGENDA AND ISSUE BRIEFS. LOBBIED IN SUPPORT OF EDUCATION FUNDING THROUGH TARGETED EFFORTS RELATED TO COVID RELIEF PACKAGES, AS WELL AS THROUGH ANNUAL APPROPRIATIONS FOR STATEWIDE FAMILY ENGAGEMENT CENTERS, AND RELATED PROGRAMS IN ESSA. LOBBIED IN SUPPORT OF LEGISLATION THAT SUPPORTS SAFE, SUPPORTIVE AND INCLUSIVE ENVIRONMENT IN SCHOOLS. SECURED ADDITIONAL FUNDING FOR STATEWIDE FAMILY ENGAGEMENT CENTERS. HOSTED A LEGISLATIVE CONFERENCE WHERE MEMBERS MET WITH CONGRESSIONAL MEMBERS. 662910 3400 33193 MEETINGS: FACILITATED THE GATHERING OF THE NATIONAL PTA LEADERSHIP, ITS MEMBERSHIP, AND STRATEGIC PARTNERS AT THE ANNUAL MEETING AND CONVENTION, WHICH IS ROTATED AROUND THE COUNTRY. ALSO FACILITATED THE GATHERING OF THE NATIONAL PTA LEADERSHIP INCLUDING ALL BOARD AND COMMITTEE MEETINGS IN SUPPORT OF THE BUSINESS, WORK AND MISSION OF THE ORGANIZATION. FACILITATED AND HOSTED ANNUAL LEGISLATIVE CONFERENCE TO ADVOCATE ON BEHALF OF ALL CHILDREN. 827444 COMMUNICATIONS: CONVEYED THE ASSOCIATION'S MISSION AND VALUES INTO A COHESIVE MESSAGE TO MEMBERS, LEADERSHIP, PARTNERS, AND SPONSORS. SHARED IMPORTANT RESOUCES WITH MILLIONS OF MEMBERS, FAMILIES, ADVOCATES AND EDUCATORS THROUGH TRADITIONAL AND SOCIAL MEDIA. NATIONAL PTA PROGRAMS, POSITIONS, AND THOUGHT LEADERSHIP WERE FEATURED IN TOP-TIER PRINT AND BROADCAST MEDIA OUTLETS RESULTING IN 7.5 BILLION IN MEDIA IMPRESSIONS. RECEIVED 2 EXCEL AWARDS IN 2018 FROM THE ASSOCIATION OF MEDIA AND PUBLISHING FOR BOTH NEWSLETTER DESIGN AND SOCIAL MEDIA EFFORTS TO SUPPORT OUR ANNUAL TEACHER APPRECIATION WEEK. 1490354 3400 33193 7443944 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 65 0 1 60 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X JAMES THOMASELL 7035181247 1250 N PITT STREET ALEXANDRIA VA 22314 LESLIE BOGGS PRESIDENT 20.00 0.00 X X 3000 0 0 ANNA KING PRESIDENT-ELECT 20.00 0.00 X X 0 0 0 YVONNE JOHNSON VP OF ADVOCACY 10.00 0.00 X X 0 0 0 DARLENE HARRIS VP OF MEMBERSHIP 10.00 0.00 X X 0 0 0 DONALD DUNN SECRETARY/TREASURER 10.00 1.00 X X 0 0 0 AMY ARNESS BOARD MEMBER 1.00 0.00 X 0 0 0 CANDY JO BRACKEN BOARD MEMBER 1.00 0.00 X 0 0 0 CHASE THOMAS BOARD MEMBER 1.00 0.00 X 0 0 0 COLLIN ROBINSON BOARD MEMBER 1.00 0.00 X 0 0 0 EMMA VIOLAND BOARD MEMBER 1.00 0.00 X 0 0 0 ERIK CHAMPY BOARD MEMBER 1.00 0.00 X 0 0 0 FRANCES FROST BOARD MEMBER 1.00 0.00 X 0 0 0 JEFFREY CORBETT BOARD MEMBER 1.00 0.00 X 0 0 0 JUDE BRUNO BOARD MEMBER 1.00 0.00 X 0 0 0 JUSTIN RABER BOARD MEMBER 1.00 0.00 X 0 0 0 KRIS GARST BOARD MEMBER 1.00 0.00 X 0 0 0 LEON HOBBS BOARD MEMBER 1.00 0.00 X 0 0 0 LISA MACK BOARD MEMBER 1.00 0.00 X 0 0 0 MADISON LASTER BOARD MEMBER 1.00 0.00 X 0 0 0 JESUS HOLGIUN BOARD MEMBER (BEG. 9/19) 1.00 0.00 X 0 0 0 ROSE ACERRA BOARD MEMBER 1.00 0.00 X 0 0 0 STACY BATEMAN BOARD MEMBER 1.00 0.00 X 0 0 0 STEVE RIDEOUT BOARD MEMBER 1.00 0.00 X 0 0 0 SYLVIA REYNA BOARD MEMBER 1.00 0.00 X 0 0 0 TRACI PETTEWAY BOARD MEMBER 1.00 0.00 X 0 0 0 TRACIE POTTS BOARD MEMBER 1.00 0.00 X 0 0 0 WILL WIESE BOARD MEMBER 1.00 0.00 X 0 0 0 NATHAN MONELL EXECUTIVE DIRECTOR 34.50 3.00 X 341702 0 36355 JAMES THOMASELL CFO 32.50 5.00 X 206900 0 37038 ELIZABETH RORICK DEPUTY EXECUTIVE DIRECTOR 37.50 0.00 X 208887 0 36133 AMY LORENZ DEPUTY EXECUTIVE DIRECTOR 37.50 0.00 X 221943 0 16283 PAUL RENSTED DIRECTOR 37.50 0.00 X 162087 0 17487 MARY PAT KING DIRECTOR 37.50 0.00 X 150862 0 24287 AMY SHELDON DIRECTOR 36.50 1.00 X 142879 0 16844 LAWANDA TONEY DIRECTOR 37.50 0.00 X 142403 0 23733 JAQUELINE BALL DIRECTOR 37.50 0.00 X 133018 0 15495 ANDREW GOLDSCHMIDT DEPUTY EXEC. DIRECTOR (THRU 5/19) 37.50 0.00 X 114882 0 4527 1828563 0 228182 19 1 1 0 DANIEL J EDELMAN INC 21992 NETWORK PLACE CHICAGO IL 60673 MEMBER. MARKETING PLAN DEVEL. 149865 MAC PRODUCTIONS INC 242 PIKE STREET COVINGTON KY 41011 AUDIO-VISUAL SERVICES 148593 FOCUS DATA SOLUTIONS INC 1020 PRINCESS ST ALEXANDRIA VA 22314 IT CONSULTING 147140 PROTECH ASSOCIATES INC 5457 TWIN KNOLLS ROAD SUITE 400 COLUMBIA MD 21045 DATABASE MAINT. & DEVEL. 127941 4 7178098 168063 4061213 23676 11407374 ADVERTISING 900099 300022 300022 CONVENTION 900099 33193 33193 SUBSCRIPTIONS 900099 11850 11850 345065 214560 214560 51588 51588 291307 564698 -273391 -273391 -104465 -168926 1819105 465 1763997 461 55108 4 55112 55112 MISCELLANEOUS 900099 20720 20720 20720 11821028 45043 195557 173054 1008361 1008361 1085036 566419 503215 15402 4405442 2940921 1084888 379633 195314 132164 45397 17753 539748 357176 138278 44294 362420 232667 103144 26609 66640 66640 40808 32719 -1114 9203 27563 27563 771328 712619 57306 1403 349800 49554 300246 241044 200845 19867 20332 536946 387833 118037 31076 145179 30853 114143 183 522145 412288 105837 4020 271769 172145 97186 2438 116405 116405 434451 124772 294888 14791 18614 27276 -11275 2613 REPAIRS & MAINTENANCE 81833 2088 79483 262 TRADEMARK ENFORCE. FEE 50000 50000 GOVERNANCE STUDY 50000 50000 MEMBERSHIP DUES 24134 24134 33783 29110 3248 1425 11378763 7443944 3063136 871683 X 1546634 3914626 909961 459374 628222 103838 193561 14934193 5094408 9804227 9839785 6781376 5114727 252000 101918 19857410 19792839 1488687 702212 300246 388135 5308631 4953270 737400 39564 39564 7137128 6820581 X 10569333 10070524 2150949 2901734 12720282 12972258 19857410 19792839 442265 -190289 0 X 0 1 X 1 0 X 11119347 10552979 10383414 11680922 11407374 55144036 11119347 10552979 10383414 11680922 11407374 55144036 2443837 52700199 746837 411676 429467 476000 396887 2460867 21638 169469 10736 9270 20720 231833 57836736 1575484 0.91120 0.92210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13387 334492 347879 10969602 11317481 715874 178969 0 0 733455 756082 807350 715874 3012761 4519142 360207 382969 428446 347879 1519501 183364 189021 201838 178969 753192 1129788 12364 13375 14938 13387 54064 823521 6881 5714 824688 794966 37480 8925 823521 750737 51774 7545 794966 699716 59145 8124 750737 709439 1364 11087 699716 0.00000 0.63000 0.37000 0 0 1822366 1822366 11177254 3556746 7620508 1320600 1117931 202669 613973 419731 194242 9839785 SECURITY DEPOSITS 39564 39564 X 11948038 -190289 27900 485025 322636 11625402 27563 168063 195626 11821028 11959688 27900 748651 776551 11183137 27563 168063 195626 11378763 PART V, LINE 4: THE NATIONAL PTA ENDOWMENTS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT IS COMPOSED OF DONOR-RESTRICTED FUNDS. PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE NATIONAL PTA HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 564,698. STATEMENTS AND NETTED AGAINST RENTAL REVENUE ON THE FORM 990, PART VIII, LINE 6B. NPTA ENDOWMENT FUND REVENUE INCLUDED IN THE -79,673. CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM NPTA FORM 990 REPORTING. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM NPTA ENDOWMENT FUND ELIMINATED IN THE 168,063. CONSOLIDATED FINANCIAL STATEMENTS AND REPORTED ON NPTA'S FORM 990. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 564,698. STATEMENTS AND NETTED AGAINST RENTAL REVENUE ON THE FORM 990, PART VIII, LINE 6B. NPTA ENDOWMENT FUND EXPENSES INCLUDED IN THE 183,953. CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM NPTA FORM 990 REPORTING. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT FROM NPTA ENDOWMENT FUND ELIMINATED IN THE 168,063. CONSOLIDATED FINANCIAL STATEMENTS AND REPORTED ON NPTA'S FORM 990. 1 COLORADO STATE PTA 7859 W 38TH AVENUE WHEAT RIDGE CO 80033 901184116 501(C)(3) 6750 PTA CONNECTED, DIVERSITY & INCLUSION, & FAMILY ENGAGEMENT DURHAM PUBLIC SCHOOLS COUNCIL OF PTA 1003 WOODSIDE PARK LANE DURHAM NC 27704 561682516 501(C)(3) 7000 PTA CONNECTED, DIVERSITY & INCLUSION, & HEALTH & SAFETY FLORIDA STATE PTA 1747 ORLANDO CENTRAL PKWY ORLANDO FL 32809 590637851 501(C)(3) 7500 GATES GRANT HIDDEN OAKS PTA 7685 S MILITARY TRAIL LAKE WORTH FL 33463 203544864 501(C)(3) 5250 STEM & COVID RELIEF JOHN BURROUGHS ELEMENTARY PTA 551 S RICHARDSON AVE COLUMBUS OH 43204 453036868 501(C)(3) 6250 COVID RELIEF, TAKE YOUR FAMILY TO SCHOOL WEEK & STEM LOFTIS MIDDLE SCHOOL PTA 8611 CAMP COLUMBUS ROAD HIXSON TX 37343 911829234 501(C)(3) 6000 PTA CONNECTED, COVID RELIEF, HEALTH & SAFETY NORTH CAROLINA STATE PTA 3501 GLENWOOD AVE RALEIGH NC 27612 560340503 501(C)(3) 10750 PTA CONNECTED, GATES GRANT, & FAMILY ENGAGEMENT OHIO STATE PTA 40 NORTHWOODS BLVD SUITE A COLUMBUS OH 43235 314351810 501(C)(3) 6000 GATES GRANT & FAMILY ENGAGEMENT OKLAHOMA STATE PTA 2801 N LINCOLN BLVD STE 214 OKLAHOMA CITY OK 73105 730594475 501(C)(3) 6000 PTA CONNECTED & FAMILY ENGAGEMENT ROMINE ELEMENTARY PTA 3400 ROMINE ROAD LITTLE ROCK AR 72204 710670084 501(C)(3) 7000 PTA CONNECTED & HEALTH & SAFETY TENNESSEE STATE PTA 1905 ACKLEN AVENUE NASHVILLE TN 37212 620522039 501(C)(3) 8850 GATES GRANT, FAMILY ENGAGEMENT GRANT 11 0 PART I, LINE 2: THE ORGANIZATION REQUIRES ALL GRANTEES TO SUBMIT EXPENSE REIMBURSEMENT REPORTS AND RESPECTIVE RECEIPTS FOR ALL USES OF GRANT MONIES. X X X X 0 0 0 0 0 0 0 1 0 NATHAN MONELL EXECUTIVE DIRECTOR 303035 0 38667 0 0 0 18354 0 18001 0 378057 0 0 0 JAMES THOMASELL CFO 206900 0 0 0 0 0 13057 0 23981 0 243938 0 0 0 ELIZABETH RORICK DEPUTY EXECUTIVE DIRECTOR 208887 0 0 0 0 0 12709 0 23424 0 245020 0 0 0 AMY LORENZ DEPUTY EXECUTIVE DIRECTOR 221943 0 0 0 0 0 13284 0 2999 0 238226 0 0 0 PAUL RENSTED DIRECTOR 162087 0 0 0 0 0 9900 0 7587 0 179574 0 0 0 MARY PAT KING DIRECTOR 150862 0 0 0 0 0 7759 0 16528 0 175149 0 0 0 AMY SHELDON DIRECTOR 142879 0 0 0 0 0 8769 0 8075 0 159723 0 0 0 LAWANDA TONEY DIRECTOR 142403 0 0 0 0 0 9139 0 14594 0 166136 0 0 0 ANDREW GOLDSCHMIDT DEPUTY EXEC. DIRECTOR (THRU 5/19) 114882 0 0 0 0 0 3270 0 1257 0 119409 0 0 0 PART I, LINE 7 BONUS COMPENSATION IS REPORTED IN PART II, COLUMN (B)(II). X BOTTLED WATER VOUCHERS 1 11976 FMV X NOTEBOOKS 1 7800 FMV X GOOGLE MINIS 1 3900 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL PTA HAS ONE CLASS OF VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE NATIONAL PTA ELECT THE MEMBER REPRESENTATIVES THAT SERVE AS PART OF THE BOARD OF DIRECTORS DURING THE YEARLY NATIONAL PTA CONVENTION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE NATIONAL PTA APPROVE SIGNIFICANT DECISIONS MADE BY THE BOARD OF DIRECTORS DURING THE YEARLY NATIONAL PTA CONVENTION. APPROVALS INCLUDE CHANGES TO THE BYLAWS, NEW RESOLUTIONS AND CHANGES IN MEMBERSHIP FEE RATES. DUE TO THE COVID CRISIS, THE 2020 NATIONAL PTA CONVENTION WAS NOT HELD IN-PERSON IN FY2020. THIS CONVENTION WAS HELD VIRTUALLY IN JULY & AUGUST 2020. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT AND THE FINANCE COMMITTEE. A FINAL COPY OF THE FORM 990 WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND ARE REQUIRED TO ABSTAIN FROM ANY CONSIDERATION OF TOPICS RELATED TO AREAS WHERE THEY ARE, OR MAY BE PERCEIVED TO BE, CONFLICTED. THE OFFICERS REVIEW ALL CONFLICT OF INTEREST FORMS AND REQUEST ADDITIONAL INFORMATION IF NECESSARY. OFFICERS ARE RESPONSIBLE FOR ENSURING BOARD MEMBER COMPLIANCE WITH THIS. IF A CONFLICT OF INTEREST ARISES, THE CONFLICTED MEMBER RECUSES HIMSELF/HERSELF FROM DISCUSSION AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A IN 2014, THE NATIONAL PTA ENGAGED QUATT AND ASSOCIATES TO COMPLETE A FULL COMPENSATION SURVEY OF ALL STAFF POSITIONS, INCLUDING THE EXECUTIVE DIRECTOR. THIS SURVEY WAS FINALIZED IN FEBRUARY 2015, WHEN ALL PARTS OF THE SURVEY WERE TAKEN INTO ACCOUNT AND PUT INTO PLACE AS SEEN FIT BY THE ORGANIZATION. THE BOARD OF DIRECTORS RETAINED STERLING MARTIN ASSOCIATES, AN EXECUTIVE SEARCH FIRM, THAT UTILIZED COMPARATIVE MARKET DATA IN ADVISING THE BOARD OF DIRECTORS ON AN APPROPRIATE RECRUITING RANGE FOR THE EXECUTIVE DIRECTOR. THE BOARD'S DELIBERATION AND DECISION OF THE REVIEW WAS DOCUMENTED IN BOARD MINUTES. THE MOST RECENT REVIEW TOOK PLACE IN JUNE 2020. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE DOCUMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART X, LINE 24: ON APRIL 21, 2020, THE NATIONAL PTA RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $737,400 UNDER THE PAYCHECK PROTECTION PROGRAM. THE PROMISSORY NOTE CALLS FOR MONTHLY PRINCIPAL AND INTEREST PAYMENTS AMORTIZED OVER THE TERM OF THE PROMISSORY NOTE WITH A DEFERRAL OF PAYMENTS FOR THE FIRST SIX MONTHS. UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), THE PROMISSORY NOTE MAY BE FORGIVEN BY THE SMALL BUSINESS ADMINISTRATION IN WHOLE OR IN PART, AND THE NATIONAL PTA RECEIVED NOTIFICATION IN DECEMBER 2020 THAT IT MET THE CONDITIONS FOR FORGIVENESS IN FULL OF THE LOAN. THE NATIONAL PTA WILL RECORD REVENUE FROM DEBT EXTINGUISHMENT DURING THE PERIOD THAT FORGIVENESS WAS APPROVED. NATIONAL PTA PROPERTIES LLC 1250 N PITT STREET ALEXANDRIA VA 22314 272442385 MANAGEMENT OF RENTAL PROPERTIES DE 1033893 9466579 NPTA THE ENDOWMENT FUND OF THE NAT'L CONGRESS OF PARENTS & TEACHERS 1250 N PITT STREET ALEXANDRIA VA 22314 366067371 SUPPORT OF NATIONAL PTA IL 501(C)(3) LINE 12A, I NPTA 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 THE ENDOWMENT FUND OF THE PTA C 168063 ACTUAL AMOUNT THE ENDOWMENT FUND OF THE PTA L 4793 EMPLOYEE TIME ALLOCATION THE ENDOWMENT FUND OF THE PTA Q 1495 OVERHEAD EXPENSE ALLOCATION