2015-07-24T13:40:47-05:00 2014-12-31 341862269 CBIZ MHM LLC 3 BETHESDA METRO CENTER SUITE 600 BETHESDA MD 20814 990 2014-01-01 521512323 NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS INC NATI 7034652700 1525 WILSON BLVD NO 700 ARLINGTON VA 22209 LAURA LEE PRESIDENT & CEO 7034652700 2015-07-21 1 J SCOTT DENLINGER P00740770 3019513636 2014 2016-02-25 16:41:14Z PEGGY L BROOKINS 1525 WILSON BLVD ARLINGTON VA 22209 37835114 0 X WWW.NBPTS.ORG X 1987 DE THE NATIONAL BOARD FOR PROFESSIONAL TEACHING STANDARDS, INC. IS THE GOLD STANDARD FOR DEFINING, DEVELOPING, AND ASSESSING ACCOMPLISHED TEACHING PRACTICE TO ADVANCE STUDENT LEARNING AND ACHIEVEMENT. THE NATIONAL BOARD'S PROCESS PROVIDES A PROVEN FRAMEWORK FOR SCHOOL IMPROVEMENT THROUGH JOB-EMBEDDED, INTEGRATED, AND COLLABORATIVE PROFESSIONAL DEVELOPMENT ACROSS ALL DEVELOPMENTAL AND CONTENT AREAS. 36 36 69 0 29993 25967 11635376 12246280 19852212 25195679 -4776275 17637 112703 200428 26824016 37660024 176500 218500 0 0 7651121 7101762 0 0 249556 24709882 35236752 32537503 42557014 -5713487 -4896990 38894332 21524452 22082554 9628498 16811778 11895954 X THE MISSION OF NBPTS IS TO ADVANCE STUDENT LEARNING AND ACHIEVEMENT BY ESTABLISHING THE DEFINITIVE STANDARDS AND SYSTEMS FOR CERTIFYING ACCOMPLISHED EDUCATORS, PROVIDING PROGRAMS AND ADVOCATING POLICIES THAT SUPPORT EXCELLENCE IN TEACHING AND LEADING, AND ENGAGING NATIONAL BOARD CERTIFIED TEACHERS AND LEADERS IN THAT PROCESS. 0 0 20050411 218500 23531227 ASSESSMENT AND DELIVERYTHIS PROGRAM REPRESENTS THE CORE OF NATIONAL BOARD'S OPERATION, NATIONAL BOARD CERTIFICATION. SIMILAR TO BOARD CERTIFICATION IN FIELDS SUCH AS MEDICINE, THIS RIGOROUS, PERFORMANCE-BASED, PEER-REVIEWED PROCESS ENABLES TEACHERS TO DEMONSTRATE THAT THEY MEET THE PROFESSION'S HIGHEST STANDARDS OF ACCOMPLISHED PRACTICE. DURING 2014, THE NATIONAL BOARD CELEBRATED OVER 110,000 NATIONAL BOARD CERTIFIED TEACHERS (NBCTS). THESE ACCOMPLISHED EDUCATORS ARE ADVANCING STUDENT LEARNING AND ACHIEVEMENT ACROSS THE COUNTRY, REPRESENTING ALL 50 STATES AND 25 CERTIFICATE AREAS, FROM PRE-K THROUGH 12TH GRADE. THE CERTIFICATION PROCESS IS MANAGED BY STAFF IN THE NATIONAL BOARD'S ARLINGTON, VIRGINIA, HEADQUARTERS, WITH ALL OPERATIONAL SUPPORT (CUSTOMER SERVICE, FEE PROCESSING, MATERIALS MANAGEMENT, ETC.) AND SCORING OF PORTFOLIO ENTRIES PERFORMED UNDER CONTRACT WITH A MAJOR INTERNATIONAL TESTING COMPANY. 7261778 POLICY, OUTREACH & ENGAGEMENTTHE ORGANIZATION CONTINUED ITS WORK IN A MAJOR STRATEGIC PRIORITY: ENGAGING NATIONAL BOARD CERTIFIED TEACHERS (NBCTS) AS ADVOCATES AND LEADERS IN ELEVATING THE TEACHING PROFESSION. THE NATIONAL BOARD BROUGHT TOGETHER REPRESENTATIVES OF NBCT NETWORKS, AS WELL AS OTHER PROMINENT NBCTS, AS KEY PLAYERS IN THIS EFFORT. THE NATIONAL BOARD ALSO WORKED TO ADVANCE TEACHER LEADERSHIP, THROUGH THE TEACHER LEADERSHIP INITIATIVE PARTNERSHIP WITH THE NATIONAL EDUCATION ASSOCIATION AND THE CENTER FOR TEACHING QUALITY AND THROUGH THE TEACH TO LEAD INITIATIVE WITH THE DEPARTMENT OF EDUCATION.THE NATIONAL BOARD IS ACTIVE IN EDUCATION POLICY DISCUSSIONS AT THE DISTRICT, STATE, AND FEDERAL LEVELS, WORKING WITH NBCTS, ALLIES, AND CONSULTANTS TO ENGAGE POLICY MAKERS TO PROMOTE EXCELLENCE IN TEACHING AND LEARNING. THE BOARD CONTINUED WORK ON FEDERAL SEED AND TIF GRANTS, WORKING TO CREATE ENVIRONMENTS IN MULTIPLE STATES AND DISTRICTS THAT PROMOTE NATIONAL BOARD CERTIFICATION. IN ADDITION, THE BOARD LAUNCHED WORK IN PARTNERSHIP WITH THE BUREAU OF INDIAN EDUCATION (BIE) TOWARDS THE BIE'S GOAL OF 25% OF BIE TEACHERS BECOMING BOARD- CERTIFIED BY 2020. 9426548 EDUCATOR EFFECTIVENESSTHIS PROGRAM FOCUSES ON THE DEVELOPMENT AND REVISION OF NATIONAL BOARD STANDARDS, WHICH ARE CREATED BY TEACHERS, FOR TEACHERS; THE DEVELOPMENT OF PRODUCTS AND SERVICES ALIGNED TO THE NATIONAL BOARD'S MISSION; AND RESEARCH TO ASSESS THE IMPACT OF NATIONAL BOARD CERTIFICATION ON STUDENT LEARNING, ACHIEVEMENT AND THE PROFESSION.DURING 2014, WORK WAS COMPLETED ON REVISING THE CAREER AND TECHNICAL EDUCATION STANDARDS WHICH WERE FORMALLY APPROVED BY THE BOARD IN NOVEMBER.IN 2014, THE NATIONAL BOARD CONTINUED THE PILOTING AND DEVELOPMENT OF ATLAS (ACCOMPLISHED TEACHING, LEARNING AND SCHOOLS), A RESOURCE DESIGNED TO HELP DEVELOP ACCOMPLISHED TEACHING ACROSS THE PROFESSIONAL CAREER CONTINUUM. ATLAS IS A UNIQUE ONLINE LIBRARY OF CASE STUDIES OF BOARD-CERTIFIED TEACHERS AT WORK IN THEIR CLASSROOMS, PAIRED WITH THEIR OWN WRITTEN COMMENTARY ON THEIR INSTRUCTION AND STUDENTS' LEARNING. ATLAS WAS RELEASED TO A BROAD GROUP OF PILOT SITES IN LATE 2014, AND WAS RELEASED MORE GENERALLY IN MARCH OF 2015.IN 2014, NBPTS RECEIVED A CONTRACT WITH THE BUREAU OF INDIAN AFFAIRS- BUREAU OF INDIAN EDUCATION FOR CANDIDATE FEES AND FOR ANALYSIS OF THE RESULTS OF BIE TEACHER COMPONENT 1 SUBMISSIONS. THIS CONTRACT FURTHERS THE ORGANIZATIONAL MISSION OF INCREASING THE NUMBER OF BOARD CERTIFIED TEACHERS IN MULTIPLE STATES. BOARD CERTIFICATION FOR BIE TEACHERS IS A PART OF THE BUREAU OF INDIAN EDUCATION'S REORGANIZATION AND PLANS TO INCREASE EDUCATOR EFFECTIVENESS. 36738737 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 112 0 1 69 1 1 1 0 0 0 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 AL AR AK CA CO FL GA HI IL KS KY MA MD MI MN NH NJ NY NM NC OK OR PA RI SC TN UT VA WA WV WI CT MS X LAURA LEE 7033126245 1525 WILSON BLVD SUITE 700 ARLINGTON VA 22209 GOV BOB WISE CHAIR 12.50 X 0 0 0 CHRISTY LEVINGS VICE CHAIR 15.00 X 0 0 0 MELISSA ALBRIGHT DIRECTOR 3.00 X 0 0 0 MEGAN ALLEN DIRECTOR 4.50 X 0 0 0 CATHERINE ANDERSON DIRECTOR 5.00 X 0 0 0 DEBORAH BALL DIRECTOR 3.00 X 0 0 0 MARY-DEAN BARRINGER DIRECTOR 8.50 X 0 0 0 KIM BURNIM DIRECTOR 4.50 X 0 0 0 JEFF CHARBONNEAU DIRECTOR 3.00 X 0 0 0 LIANE CISMOWSKI DIRECTOR 6.00 X 0 0 0 MAURO DIAZ DIRECTOR 3.50 X 0 0 0 TAMMY DUNN DIRECTOR 5.50 X 0 0 0 LILY ESKELSEN GARCIA DIRECTOR 3.50 X 0 0 0 STEVE GARDINER DIRECTOR 7.00 X 0 0 0 BENNY GOODEN DIRECTOR 7.00 X 0 0 0 CEDRICK GRAY DIRECTOR 4.00 X 0 0 0 DOUG LEA DIRECTOR 3.00 X 0 0 0 RENEE MIDDLETON DIRECTOR 4.50 X 0 0 0 RENEE MOORE DIRECTOR 7.50 X 0 0 0 REBECCA PRINGLE DIRECTOR 3.00 X 0 0 0 DAVID QUOLKE DIRECTOR 5.00 X 0 0 0 CHERYL REDFIELD DIRECTOR 3.00 X 0 0 0 MARY CATHRYN RICKER DIRECTOR 5.00 X 0 0 0 DANIELA ROBLES DIRECTOR 6.00 X 0 0 0 HAYDEE RODRIGUEZ DIRECTOR 5.00 X 0 0 0 CLARENCE SAVOIE DIRECTOR 4.50 X 0 0 0 SUSANNE SILK DIRECTOR 4.50 X 0 0 0 LEE-ANN STEPHENS DIRECTOR 3.50 X 0 0 0 THOMAS TRANG DIRECTOR 4.50 X 0 0 0 KIM URSETTA DIRECTOR 4.50 X 0 0 0 TERRI VEST DIRECTOR 5.00 X 0 0 0 LYNETTE WAYNE DIRECTOR 5.00 X 0 0 0 RANDI WEINGARTEN DIRECTOR 3.50 X 0 0 0 SARAH BROWN WESSLING DIRECTOR 4.00 X 0 0 0 KATHY WIEBKE DIRECTOR 7.50 X 0 0 0 DENNIS VAN ROEKEL DIRECTOR 3.50 X 0 0 0 RONALD D THORPE CEO/PRESIDENT 37.50 X 362715 0 36095 PEGGY L BROOKINS EXECUTIVE VICE PRESIDENT 37.50 X 8328 0 667 LAURA LEE CFO 37.50 X 124862 0 20509 LISA STOOKSBERRY HILL SVP STANDARDS & ASSESSMENTS 37.50 X 203548 0 31905 JOSEPH F DOCTOR SR VP STRATEGY & POLICY 37.50 X 192194 0 30407 AMBER PARKER SR VP OUTREACH & ENGAGEMENT 37.50 X 180610 0 47956 MARK S HELGESON VP NEW PRODUCTS & SERVICES 37.50 X 161369 0 37565 H EDWARD CLIFTON III VP ASSESSMENTS 37.50 X 164182 0 37565 NANCY SCHWARTZ VP OUTREACH 37.50 X 135357 0 33910 MARC D'ANJOU CORPORATE SECRETARY 37.50 X 74980 0 19575 ANDREW COONS CHIEF OPERATING OFFICER 37.50 X 151784 0 39528 DAVID GESSNER INTERIM CFO 37.50 X 158208 0 21510 1918137 0 357192 10 0 1 0 MAINE DEPARTMENT OF EDUCATION 23 STATE HOUSE STATION AUGUSTA ME 04333 PROGRAM ADMINISTRATION 3459533 NCS PEARSON INC 13036 COLLECTION CENTER DRIVE CHICAGO IL 60693 ASSESSMENT & DELIVERY SERVICES 1495029 RICHMOND PUBLIC SCHOOLS 301 N 9TH STREET RICHMOND VA 23218 PROGRAM ADMINISTRATION 1134720 AMERICAN INSTITUTES FOR RESEARCH PO BOX 28126 NEW YORK NY 10087 CONSULTING SERVICES 772408 CARNEGIE FOUNDATION 51 VISTA LANE STANFORD CA 94305 CONSULTING SERVICES 488800 20 9728768 2517512 12246280 CANDIDATE FEES 611710 23531227 23531227 ANNUAL CONFERENCE FEES 611710 1550136 1550136 ATLAS/VOP FEES 611710 66151 66151 CONTRACT REVENUE 611710 39000 39000 ACE/GMU PROCESSING 611710 9165 9165 25195679 17637 17637 6445 6445 175090 175090 0 0 TARGET MARKETING 519100 29993 29993 163990 163990 193983 37660024 25359669 29993 24082 X 218500 218500 2275329 1148593 995313 131423 3296749 2446005 772522 78222 323283 209938 107387 5958 863395 601451 234363 27581 343006 237535 100151 5320 105636 65086 40550 110601 110601 171954 171954 8544575 8274836 269739 92195 92195 405529 2001 403528 402308 52220 350088 710130 710130 911944 669087 242074 783 1531731 1272277 259208 246 176317 176317 76318 76318 ASSESSMENT AND DELIVERY 19163989 19163989 STIPENDS FOR PERFORMANC 1975728 1975728 BAD DEBT EXPENSE 511002 511002 OTHER EXPENSES 255185 137342 117820 23 91610 91610 42557014 36738737 5568721 249556 2468012 2925945 3037850 3041478 4724037 4164708 1024190 70297 608158 311352 1967017 750466 268087 1216551 26763998 9794121 38894332 21524452 8784067 3396706 13298487 4722535 0 1509257 22082554 9628498 X 12280418 6316434 3481360 4529520 1050000 1050000 16811778 11895954 38894332 21524452 -4896990 -18834 0 X 0 1 X 1 1 1 X 6314424 5935800 4919317 11635376 12246280 41051197 6314424 5935800 4919317 11635376 12246280 41051197 3864472 37186725 125243 71786 82759 145980 24082 449850 41571 108769 23395 29993 203728 45367 22760 78059 81153 227339 41932114 147246253 0.88680 0.91320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 191629 191629 42363268 42554897 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 772413 625955 365685 191629 1955682 250000 250000 250000 250000 1000000 1500000 38864 665 650 40179 PART I-A, LINE 1: NATIONAL BOARD CONDUCTS LOBBYING AT BOTH THE STATE AND FEDERAL LEVELS. NATIONAL BOARD DOES NOT ENGAGE IN POLITICAL OR CAMPAIGN ACTIVITY. 1050000 1050000 1050000 1050000 1050000 1050000 1050000 1050000 1050000 1050000 1.00000 0 0 1143375 505039 638336 422289 232330 189959 401353 13097 388256 1216551 DEFERRED RENT LIABILITY 1509257 1509257 X 37816276 -18838 175090 156252 37660024 0 37660024 42732104 175090 175090 42557014 0 42557014 PART V, LINE 4: TO PROVIDE SCHOLARSHIPS. PART X, LINE 2: THE ORGANIZATION HAS ADOPTED ASC TOPIC 740-10 WHICH PRESCRIBES MEASUREMENT AND DISCLOSURE REQUIREMENTS FOR CURRENT AND DEFERRED INCOME TAX PROVISIONS. THE TOPIC PROVIDES FOR A CONSISTENT APPROACH IN IDENTIFYING AND REPORTING UNCERTAIN TAX PROVISIONS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE ON SUBLEASE PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE ON SUBLEASE 1 DORCHESTER SCHOOL DISTRICT 2 102 GREEN WAVE BLVD SUMMERVILLE SC 29483 576001626 501(C)(3) 5000 BUILDING DEMAND MS STATE DEPARTMENT OF EDUCATION 359 NORTH WEST STREET JACKSON MS 39201 646000758 501(C)(3) 100000 BUILDING DEMAND KENTUCKY EDUCATION ASSOCIATION 401 CAPITAL AVE FRANKFORT KY 40601 610245450 501(C)(3) 113500 BUILDING DEMAND 3 0 PART I, LINE 2: THE ORGANIZATION CORRESPONDS WITH GRANTEES THROUGHOUT THE GRANT PERIOD TO ENSURE THAT FUNDS ARE SPENT APPROPRIATELY. X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 RONALD D THORPE CEO/PRESIDENT 360497 0 0 0 2218 0 20800 0 15295 0 398810 0 0 0 LISA STOOKSBERRY HILL SVP STANDARDS & ASSESSMENTS 203044 0 0 0 504 0 16400 0 15505 0 235453 0 0 0 JOSEPH F DOCTOR SR VP STRATEGY & POLICY 191925 0 0 0 269 0 15450 0 14957 0 222601 0 0 0 AMBER PARKER SR VP OUTREACH & ENGAGEMENT 180308 0 0 0 302 0 15277 0 32679 0 228566 0 0 0 MARK S HELGESON VP NEW PRODUCTS & SERVICES 159924 0 0 0 1445 0 13238 0 24327 0 198934 0 0 0 H EDWARD CLIFTON III VP ASSESSMENTS 161964 0 0 0 2218 0 13238 0 24327 0 201747 0 0 0 NANCY SCHWARTZ VP OUTREACH 133615 0 0 0 1742 0 10790 0 23120 0 169267 0 0 0 ANDREW COONS CHIEF OPERATING OFFICER 151427 0 0 0 357 0 12133 0 27395 0 191312 0 0 0 DAVID GESSNER INTERIM CFO 157007 0 0 0 1201 0 7535 0 13975 0 179718 0 0 0 PART I, LINE 1A UNDER ITS "WELLNESS BENEFITS" PROGRAM, ORGANIZATION PROVIDES REIMBURSEMENT OF A PORTION OF ELIGIBLE GYM OR HEALTH CLUB MEMBERSHIP FOR EMPLOYEES UP TO $150 ANNUALLY. DURING 2014, THIS WAS NOT A TAXABLE BENEFIT FOR EMPLOYEES. PART I, LINE 4A DAVID GESSNER, INTERIM CFO, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $38,077 IN 2014. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE NATIONAL BOARD'S ACCOUNTING FIRM, WITH CLOSE COORDINATION OF THE FINANCE & ACCOUNTING DEPARTMENT. THE DRAFT RETURN IS THOROUGHLY REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT & CEO BEFORE ACCEPTANCE FOR ELECTRONIC FILING. AT THE POINT AT WHICH THE RETURN CAN BE FILED, A COPY IS POSTED ON A SECURE WEB SITE FOR MEMBERS OF THE BOARD OF DIRECTORS TO VIEW. COMMENTS MAY BE ADDRESSED TO NBPTS STAFF BY MEMBERS OF THE BOARD OF DIRECTORS. AFTER THE COMMENT PERIOD, THE RETURN IS ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTOR MEMBERS ANNUALLY RECEIVE A LIST OF SUBSTANTIAL VENDORS AND DISCLOSE ANY DEALINGS WITH OR INTERESTS IN THOSE VENDORS. BOARD MEMBERS ARE EXPECTED TO RECUSE THEMSELVES FROM ANY DELIBERATIONS OR VOTES WHERE A CONFLICT OF INTEREST MAY OCCUR. STAFF, INCLUDING THOSE WHOSE POSITIONS ARE AS CORPORATE OFFICERS, ARE NOT REQUIRED TO MAKE ANNUAL DISCLOSURES. EXECUTIVE COMMITTEE OF THE BOARD IS REQUIRED TO APPROVE ALL CONTRACTS IN EXCESS OF $250,000. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS A CONTRACT POSITION WHOSE DUTIES AND RESPONSIBILITIES ARE DETERMINED, SUPERVISED, AND MEASURED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. TYPICALLY, AN EXECUTIVE SEARCH FIRM IS ENGAGED TO MANAGE AND OVERSEE THE SELECTION PROCESS OF THE CEO POSITION. THE EXECUTIVE COMMITTEE OF THE BOARD ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO MAKE RECOMMENDATIONS AS TO APPROPRIATE COMPENSATION LEVELS FOR THE CEO, BASED ON COMPENSATION OF CEOS IN SIMILARLY SIZED AND LOCATED ORGANIZATIONS. DELIBERATIONS AND MINUTES OF THE EXECUTIVE COMMITTEE ARE KEPT IN THE ORGANIZATION'S RECORDS. NBPTS HIRES EMPLOYEES, INCLUDING THOSE AT AN OFFICER OR EXECUTIVE LEVEL, AT MARKET RATES AND PROVIDES SALARY INCREASES BASED ON EQUITY ADJUSTMENTS AND/OR COST OF LIVING. NBPTS PERIODICALLY COMPARES SALARIES FOR ITS POSITIONS TO EXTERNAL SOURCES AND USES THE RESULTS OF THIS REVIEW TO MAKE ADJUSTMENTS TO CORRECT MARKET IMBALANCES. SALARY INFORMATION FOR ALL LEVELS OF EMPLOYEES IS PROVIDED ANNUALLY TO THE FINANCE COMMITTEE. THE CEO'S COMPENSATION WAS LAST NEGOTIATED UPON HIS HIRE IN NOVEMBER 2011. THE CONTRACT HAD ANNUAL INFLATORS FOR YEARLY INCREASES. DURING 2012, THE CEO RESET EXECUTIVE SALARIES. THERE HAS BEEN NO CHANGE IN EXECUTIVE SALARIES SINCE. FORM 990, PART VI, SECTION C, LINE 19 NBPTS INCLUDED ITS REVISED BYLAWS WITH ITS 2006 FORM 990, WHICH IS AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG. INDIVIDUALS SEEKING A COPY OF THE BYLAWS MAY CONTACT NBPTS AND A COPY WILL BE SENT FREE OF CHARGE. THE CONFLICT OF INTEREST POLICY IS AN INTERNAL BOARD DOCUMENT AND IS NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO ENTITIES WHO HAVE A VALID PURPOSE FOR OBTAINING SUCH INFORMATION. FORM 990, PART IX, LINE 11G TIF CONTRACT PAYMENTS, ATLAS DEVELOPMENT AND OTHER: PROGRAM SERVICE EXPENSES 8,274,836. MANAGEMENT AND GENERAL EXPENSES 269,739. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,544,575.