THE COUNCIL FOR PROFESSIONAL RECOGNITION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: THE COUNCIL FOR PROFESSIONAL RECOGNITION (EIN 52-1410357)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-08
IRS object ID: 202123129349303877
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-08T15:34:19-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	521392008	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GELMAN ROSENBERG & FREEDMAN	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4550 MONTGOMERY AVE SUITE 800N	AddressLine1Txt
City	BETHESDA	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	208142930	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	521410357	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	COUNCIL FOR PROFESSIONAL RECOGNITION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	COUN	BusinessNameControlTxt
Phone	2022659090	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2460 16TH STREET NW	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20009	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CALVIN MOORE JR	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	2022659090	PhoneNum
Signature	2021-11-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	CALVIN	PersonFirstNm
Person Last	MOORE JR	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD J LOCASTRO CPA	PreparerPersonNm
PTIN	P00288314	PTIN
Phone	3019519090	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CALVIN MOORE JR	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2460 16TH STREET NW	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20009	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$14,969,020	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.CDACOUNCIL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1985	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	SEE PART III, LINE 1.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	74	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$16,113,834	PYProgramServiceRevenueAmt
CY Program Service Revenue	$13,161,455	CYProgramServiceRevenueAmt
PY Investment Income	$1,600,693	PYInvestmentIncomeAmt
CY Investment Income	$1,790,312	CYInvestmentIncomeAmt
PY Other Revenue	$14,377	PYOtherRevenueAmt
CY Other Revenue	-$411	CYOtherRevenueAmt
PY Total Revenue	$17,728,904	PYTotalRevenueAmt
CY Total Revenue	$14,951,356	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,079,083	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,808,774	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$8,137,935	PYOtherExpensesAmt
CY Other Expenses	$6,838,141	CYOtherExpensesAmt
PY Total Expenses	$13,217,018	PYTotalExpensesAmt
CY Total Expenses	$13,646,915	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,511,886	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,304,441	CYRevenuesLessExpensesAmt
Total Assets BOY	$64,641,780	TotalAssetsBOYAmt
Total Assets EOY	$69,035,605	TotalAssetsEOYAmt
Total Liabilities BOY	$2,071,261	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,905,094	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$62,570,519	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$65,130,511	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE COUNCIL FOR PROFESSIONAL RECOGNITION (THE COUNCIL), BASED IN WASHINGTON, D.C., PROMOTES IMPROVED PERFORMANCE AND RECOGNITION OF PROFESSIONALS IN THE EARLY CHILDHOOD EDUCATION OF CHILDREN AGES BIRTH TO 5 YEARS OLD. THE COUNCIL WORKS TO ENSURE THAT ALL PROFESSIONAL EARLY CHILDHOOD EDUCATORS AND CAREGIVERS MEET THE DEVELOPMENTAL, EMOTIONAL, AND EDUCATIONAL NEEDS OF OUR NATION'S YOUNGEST CHILDREN.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$10,554,037	ExpenseAmt
Revenue	$13,161,455	RevenueAmt
Desc	THE COUNCIL RECOGNIZES AND CREDENTIALS PROFESSIONALS WHO WORK IN ALL TYPES OF EARLY CARE AND EDUCATION PROGRAMS - HEAD START, PRE-K, INFANT-TODDLER, FAMILY CHILD CARE, AND HOME VISITOR PROGRAMS. THE COUNCIL ADMINISTERS A UNIQUE TEACHER CREDENTIALING PROCESS WHICH RESULTS IN THE AWARD OF THE CHILD DEVELOPMENT ASSOCIATE (CDA) CREDENTIAL. THE PROGRAM USES A SPECIFIC SET OF TIME-TESTED, RESEARCH-BASED TOOLS TO DETERMINE EARLY CHILDHOOD TEACHER COMPETENCY, BASED ON MULTIPLE SOURCES OF EVIDENCE.	Desc
Total Program Service Expenses	$10,554,037	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	693	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	74	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CALVIN MOORE JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2022659090	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2460 16TH STREET NW	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20009	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
LINDA HASSAN ANDERSON
PRESIDENT	1.00	Yes (X)	Yes (X)	$1,500	$0	$0
YOLANDA GARCIA
BD. MEM.; THEN SEC. (TRANS 5/4/2020)	1.00	Yes (X)	Yes (X)	$1,500	$0	$0
MELVIN MING
BD. MEM.; THEN TREAS. (TRANS 5/4/20)	1.00	Yes (X)	Yes (X)	$1,500	$0	$0
ROBERTO LARA
BOARD MEMBER	1.00	Yes (X)		$1,500	$0	$0
DIANNA WALLACE
BOARD MEMBER	1.00	Yes (X)		$1,500	$0	$0
ALBERT WAT
BOARD MEMBER	1.00	Yes (X)		$1,500	$0	$0
GERRIT WESTERVELT
BOARD MEMBER	1.00	Yes (X)		$1,500	$0	$0
VALORA WASHINGTON
CEO (UNTIL 5/1/2020)	35.00		Yes (X)	$441,327	$0	$51,359
MALVINA KAY
EVP	35.00		Yes (X)	$273,071	$0	$32,933
CALVIN MOORE JR
TREAS/SEC; THEN CEO (TRANS 5/4/2020)	35.00		Yes (X)	$226,284	$0	$11,438
BETH HEEB
VP/RESEARCH, COMPLIANCE & BRAND INNOV	35.00			$181,306	$0	$9,657	Yes (X)
USMA MOHAMED
VP, BRAND EXPERIENCE & MARKETING	35.00			$165,469	$0	$11,544	Yes (X)
ABENA OCRAN JACKSON
VP OF CREDENTIALING	35.00			$149,711	$0	$26,093	Yes (X)
LEON 'TRE' MAXIE
DIR. OF EXTERNAL ENGAGEMENT	35.00			$134,700	$0	$20,817	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,582,368	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$163,841	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	7	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
EXPEVIA
2840 W 21ST ST	ERIE	PA	16506	CUSTOMER SERVICE OUTSOURCING	$696,747
PEARSON VUE
13036 COLLECTION CENTER DR	CHICAGO	IL	60693	TESTING FACILITIES	$695,921
USA FULFILLMENT
313 TALBOT BLVD	CHESTERTOWN	MD	21620	LOGISTICS & WAREHOUSE SVCS.	$380,627
RR DONNELLEY
PO BOX 842307	BOSTON	MA	02284	FULFILLMENT AND PRINTER	$322,896
ACGI
PO BOX 74008916	CHICAGO	IL	60674	ECOMMERCE DEVELOPERS	$248,823

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	8	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ASSESSMENT FEES	900099	$6,943,815	$6,943,815
RENEWAL FEES	900099	$3,834,134	$3,834,134
PUBLICATION REVENUE	900099	$2,022,982	$2,022,982
FEASIBILITY STUDY	900099	$231,792	$231,792
OTHER PROGRAM FEES	900099	$96,412	$96,412

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32,320	TotalRevenueColumnAmt
Related Or Exempt Func Income	$32,320	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$13,161,455	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,790,312	TotalRevenueColumnAmt
Exclusion	$1,790,312	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$17,253	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$17,664	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$411	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$411	TotalRevenueColumnAmt
Exclusion	-$411	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$14,951,356	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,161,455	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,789,901	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,046,912	TotalAmt
Program Services	$630,353	ProgramServicesAmt
Management And General	$416,559	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,979,127	TotalAmt
Program Services	$3,211,597	ProgramServicesAmt
Management And General	$767,530	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$228,556	TotalAmt
Program Services	$187,075	ProgramServicesAmt
Management And General	$41,481	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,151,953	TotalAmt
Program Services	$888,924	ProgramServicesAmt
Management And General	$263,029	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$402,226	TotalAmt
Program Services	$308,766	ProgramServicesAmt
Management And General	$93,460	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$91,372	TotalAmt
Program Services	$28,150	ProgramServicesAmt
Management And General	$63,222	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$47,748	TotalAmt
Management And General	$47,748	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$122,281	TotalAmt
Management And General	$122,281	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,824,806	TotalAmt
Program Services	$3,609,246	ProgramServicesAmt
Management And General	$215,560	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$992,747	TotalAmt
Program Services	$722,884	ProgramServicesAmt
Management And General	$269,863	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$442,878	TotalAmt
Program Services	$275,566	ProgramServicesAmt
Management And General	$167,312	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$120,868	TotalAmt
Program Services	$69,745	ProgramServicesAmt
Management And General	$51,123	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$48,284	TotalAmt
Program Services	$31,423	ProgramServicesAmt
Management And General	$16,861	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$150,800	TotalAmt
Program Services	$113,155	ProgramServicesAmt
Management And General	$37,645	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$547,485	TotalAmt
Program Services	$297,995	ProgramServicesAmt
Management And General	$249,490	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$61,200	TotalAmt
Program Services	$33,311	ProgramServicesAmt
Management And General	$27,889	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt
BAD DEBT EXPENSE	$203,004	$203,004
PRINTING & PUBLICATIONS	$149,124	$6,346	$142,778
PROCESSING FEES	$32,475	$32,475
RECRUITMENT & TRAINING	$3,069		$3,069

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,646,915	TotalAmt
Program Services	$10,554,037	ProgramServicesAmt
Management And General	$3,092,878	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,212,474	BOYAmt
EOY	$9,140,346	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$10,771,802	BOYAmt
EOY	$16,412,727	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,381,676	BOYAmt
EOY	$1,380,384	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$12,500	BOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$106,327	BOYAmt
EOY	$73,387	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$164,762	BOYAmt
EOY	$109,694	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$9,472,207	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,609,034	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$4,192,866	BOYAmt
EOY	$3,863,173	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$40,647,632	BOYAmt
EOY	$37,898,359	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$151,741	BOYAmt
EOY	$157,535	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$64,641,780	BOYAmt
EOY	$69,035,605	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$562,944	BOYAmt
EOY	$1,012,543	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,508,317	BOYAmt
EOY	$2,027,551	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
EOY	$865,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,071,261	BOYAmt
EOY	$3,905,094	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$62,570,519	BOYAmt
EOY	$65,130,511	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$62,570,519	BOYAmt
EOY	$65,130,511	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$64,641,780	BOYAmt
EOY	$69,035,605	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,304,441	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,255,551	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$173	CurrentTaxYearMinus3YearsAmt
Total	$173	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$13,652,012	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$14,999,562	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$14,734,103	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,113,834	CurrentTaxYearMinus1YearAmt
Current Tax Year	$13,161,455	CurrentTaxYearAmt
Total	$72,660,966	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$13,652,012	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$14,999,735	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$14,734,103	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,113,834	CurrentTaxYearMinus1YearAmt
Current Tax Year	$13,161,455	CurrentTaxYearAmt
Total	$72,661,139	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$72,661,139	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,030,601	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,374,981	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$969,550	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,635,198	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,807,565	CurrentTaxYearAmt
Total	$6,817,895	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,030,601	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,374,981	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$969,550	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,635,198	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,807,565	CurrentTaxYearAmt
Total	$6,817,895	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,844	CurrentTaxYearMinus4YearsAmt
Total	$5,844	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$14,688,457	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$16,374,716	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$15,703,653	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$17,749,032	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,969,020	CurrentTaxYearAmt
Total	$79,484,878	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.91420	PublicSupportCY509Pct
Public Support PY509	0.92090	PublicSupportPY509Pct
Investment Income CY	0.08580	InvestmentIncomeCYPct
Investment Income PY	0.07880	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,032,015	OtherCostOrOtherBasisAmt
Book Value	$1,032,015	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,963,453	OtherCostOrOtherBasisAmt
Depreciation	$2,230,984	DepreciationAmt
Book Value	$1,732,469	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,476,739	OtherCostOrOtherBasisAmt
Depreciation	$3,378,050	DepreciationAmt
Book Value	$1,098,689	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$3,863,173	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$16,102,290	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,255,551	NetUnrealizedGainsInvstAmt
Other Revenue	$17,664	OtherRevenueAmt
Revenue Not Reported	$1,273,215	RevenueNotReportedAmt
Revenue Subtotal	$14,829,075	RevenueSubtotalAmt
Investment Expenses Not Incld	$122,281	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$122,281	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$14,951,356	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$13,542,298	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$17,664	OtherExpensesIncludedAmt
Expenses Not Reported	$17,664	ExpensesNotReportedAmt
Expenses Subtotal	$13,524,634	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$122,281	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$122,281	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$13,646,915	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	FOR THE YEAR ENDED DECEMBER 31, 2020, THE COUNCIL 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 FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES INCLUDED AS EXPENSES ON THE FINANCIAL 17,664. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 6C.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES INCLUDED AS EXPENSES ON THE FINANCIAL 17,664. STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 6C.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	0	SubstantiationRequiredInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
VALORA WASHINGTON
CEO (UNTIL 5/1/2020)	$441,327	$0	$0	$0	$0	$0	$43,411	$0	$7,948	$0	$492,686	$0	$0	$0
MALVINA KAY
EVP	$273,071	$0	$0	$0	$0	$0	$24,915	$0	$8,018	$0	$306,004	$0	$0	$0
CALVIN MOORE JR
TREAS/SEC; THEN CEO (TRANS 5/4/2020)	$226,284	$0	$0	$0	$0	$0	$0	$0	$11,438	$0	$237,722	$0	$0	$0
BETH HEEB
VP/RESEARCH, COMPLIANCE & BRAND INNO	$181,306	$0	$0	$0	$0	$0	$7,710	$0	$1,947	$0	$190,963	$0	$0	$0
USMA MOHAMED
VP, BRAND EXPERIENCE & MARKETING	$165,469	$0	$0	$0	$0	$0	$3,596	$0	$7,948	$0	$177,013	$0	$0	$0
ABENA OCRAN JACKSON
VP OF CREDENTIALING	$149,711	$0	$0	$0	$0	$0	$14,261	$0	$11,832	$0	$175,804	$0	$0	$0
LEON 'TRE' MAXIE
DIR. OF EXTERNAL ENGAGEMENT	$134,700	$0	$0	$0	$0	$0	$13,071	$0	$7,746	$0	$155,517	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	IN ADDITION TO THE COUNCIL'S HEADQUARTERS OFFICE BUILDING, THE COUNCIL OWNS ADDITIONAL REAL ESTATE IN MARYLAND THAT HAS BEEN RENTED TO VALORA WASHINGTON, CURRENT CEO OF THE ORGANIZATION. VALORA WASHINGTON PAID $9,000 RENT TO THE COUNCIL, AS DISCLOSED ON SCHEDULE L, PART IV. THIS RENTAL AMOUNT WAS APPROVED BY THE BOARD. THE DIFFERENCE BETWEEN FAIR MARKET VALUE OF THE RENTAL PROPERTY ($17,253) AND THE $9,000 PAID BY MS. WASHINGTON IS ADDED AS INCOME TO HER W-2 TAXABLE INCOME.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	VALORA WASHINGTON	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	CEO OF THE COUNCIL UNTIL MAY 2020	RelationshipDescriptionTxt
Transaction	$9,000	TransactionAmt
Transaction	VALORA WASHINGTON PAYS RENT TO THE COUNCIL. THE RENTAL AMOUNT WAS APPROVED BY THE BOARD.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CEO AND BOARD TREASURER. A COPY OF THE FINAL 990 WAS SENT TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	EACH BOARD MEMBER, OFFICER AND EMPLOYEE OF THE COUNCIL SIGNS AN ANNUAL DISCLOSURE STATEMENT AFFIRMING THAT THE PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND DISCLOSES ANY DIRECT OR INDIRECT AFFILIATIONS. UPON THE DISCLOSURE OF AN AFFILIATION BY A DIRECTOR AT A BOARD MEETING, THE DIRECTOR LEAVES THE MEETING AND THE REMAINING BOARD MEMBERS DISCUSS THE POTENTIAL IMPLICATIONS OF THE AFFILIATION. IN THE EVENT THAT A CONFLICT OF INTEREST IS DETERMINED, THE CEO AND BOARD DECIDES APPROPRIATE RESPONSE BY THE COUNCIL.
FORM 990, PART VI, SECTION B, LINE 15A	THE COMPENSATION OF THE CEO IS APPROVED BY THE BOARD USING DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AS SIMILARLY POSITIONED ORGANIZATIONS. THE DELIBERATION AND DECISION OF THE BOARD'S REVIEW IS DOCUMENTED IN THE BOARD MINUTES. THE CEO REVIEWS ALL OTHER COMPENSATION LEVELS. THE LAST SALARY REVIEW TOOK PLACE IN JULY 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.
FORM 990, PART IX, LINE 11G	OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 1,833,291. MANAGEMENT AND GENERAL EXPENSES 193,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,026,351. FIELD REPRESENTATIVES: PROGRAM SERVICE EXPENSES 1,225,129. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,225,129. TESTING FEES: PROGRAM SERVICE EXPENSES 532,826. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 532,826. HONORARIUM: PROGRAM SERVICE EXPENSES 18,000. MANAGEMENT AND GENERAL EXPENSES 22,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,500.
FORM 990, PART X, LINE 24:	ON MAY 1, 2020, THE COUNCIL RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $865,000 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 TEN 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. DURING THE YEAR ENDED DECEMBER 31, 2020, THE COUNCIL USED THE PROCEEDS FOR PURPOSES CONSISTENT WITH THE PAYCHECK PROTECTION PROGRAM, AND APPLIED FOR FORGIVENESS AFTER COMPLETING THE 24-WEEK PERIOD. SUBSEQUENT TO YEAR END, THE ENTIRE AMOUNT OF LOAN WAS FORGIVEN AND ACCORDINGLY, THE LOAN PAYABLE LIABILITY HAS BEEN RECORDED AS A CURRENT LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. IN 2021, THE COUNCIL WILL RECORD REVENUE FROM DEBT EXTINGUISHMENT IN STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS.