Nasba Center For The Public Trust is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasba Center For The Public Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Nasba Center For The Public Trust generated $745.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $578.5k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
NASBA CENTER FOR THE PUBLIC TRUST EXISTS TO DEVELOP, ENCOURAGE, ACKNOWLEDGE AND PROMOTE ETHICAL LEADERSHIP. THE CPT PROMOTES POSITIVE ETHICAL BEHAVIOR AND EQUIPS PROFESSIONALS WITH TOOLS TO MAKE BETTER ETHICAL DECISIONS THROUGH THOUGHT PROVOKING SEMINARS, CONFERENCES, AND VIRTUAL TRAINING PLATFORMS. IN ADDITION, THE CPT HONORS ETHICAL LEADERS THROUGH ITS BEING A DIFFERENCE AWARDS. THE CPT CREATED STUDENT CENTER FOR THE PUBLIC TRUST CHAPTERS TO FOCUS ON EDUCATING AND ENGAGING FUTURE BUSINESS LEADERS ON ETHICS, ACCOUNTABILITY AND INTEGRITY. AS A NON-PROFIT ORGANIZATION, THE CPT ENCOURAGES CONTRIBUTIONS FROM INDIVIDUALS AND CORPORATIONS WHO ARE PASSIONATE ABOUT DEVELOPING AND PROMOTING ETHICAL LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ETHICS ADVANCEMENT PROGRAM. THE NASBA CENTER FOR THE PUBLIC TRUST (CPT) MANAGES SEVERAL AREAS OF ACTIVITIES UNDER THE ETHICS ADVANCEMENT PROGRAM. CPT OFFERS AN ONLINE TRAINING PROGRAM IN ETHICAL LEADERSHIP FOR PROFESSIONALS, PRIMARILY USED BY BOARDS OF ACCOUNTANCY IN DISCIPLINARY ACTIONS. CPT ALSO PUBLISHES AN ETHICS MATTERS NEWSLETTER WHICH INCLUDES ARTICLES HIGHLIGHTING ETHICS AND ETHICAL BEHAVIOR IN BUSINESS AND ACCOUNTING COMMUNITIES AS WELL AS THE CURRENT ACTIVITIES OF CPT. IN ADDITION, CPT PRODUCES THE VIABLE LEADERSHIP PODCAST, IN WHICH SUCCESSFUL BUSINESS EXECUTIVES DISCUSS TOPICS RELATED TO PROMOTING ETHICAL LEADERSHIP IN LIFE AND BUSINESS.
STUDENT PROGRAM. THE CPT CREATED STUDENT CENTER FOR THE PUBLIC TRUST (STUDENTCPT) CHAPTERS TO FOCUS ON EDUCATING AND ENGAGING FUTURE BUSINESS LEADERS ON ETHICS, ACCOUNTABILITY AND INTEGRITY. STUDENTCPT CHAPTERS ARE STUDENT-RUN ORGANIZATIONS, BASED ON COLLEGE CAMPUSES THROUGHOUT THE UNITED STATES. STUDENTS HAVE THE OPPORTUNITY TO PARTICIPATE IN A STUDENT LEADERSHIP CONFERENCE, AN ETHICS VIDEO COMPETITION, COMMUNITY SERVICE ACTIVITIES AND CAMPUS BEING A DIFFERENCE AWARDS. STUDENTCPT EVENTS ALSO FEATURE DYNAMIC SPEAKERS AND CASE STUDIES TO HELP STUDENTS IDENTIFY ETHICAL ISSUES AND MAKE THE BEST DECISIONS. CHAPTER EVENTS ALSO PROVIDE OPPORTUNITIES TO NETWORK WITH BUSINESS LEADERS THROUGHOUT THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA), BOARDS OF ACCOUNTANCY AND OTHERS. CPT ALSO IMPACTS STUDENTS WITH THE ONLINE ETHICAL LEADERSHIP CERTIFICATION PROGRAM. THIS CERTIFICATION PROGRAM USES INTERACTIVE PRESENTATIONS, VIDEOS AND THOUGHT-PROVOKING POLL QUESTIONS TO ANALYZE THE CAUSES, EFFECTS AND SOLUTIONS OF REAL-WORLD ETHICAL DILEMMAS.
CONFERENCES PROGRAM. CPT HOLDS AN ANNUAL AUDITING CONFERENCE WITH BARUCH COLLEGE OF THE CITY UNIVERSITY OF NEW YORK. THE ANNUAL CONFERENCE PROVIDES A FORUM FOR INTERACTION BETWEEN BUSINESS, PUBLIC ACCOUNTING, ACADEMICS, AND PROFESSIONAL STANDARDS SETTERS SUCH AS THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (AICPA), THE SECURITIES AND EXCHANGE COMMISSION (SEC) AND THE PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD (PCAOB). IT ALSO EXAMINES THE CURRENT BEST PRACTICES OF ETHICS AND INDEPENDENCE WITHIN THE AUDITING PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth L Bishop Chief Executive Officer | Officer | 2 | $0 |
Troy A Walker CPA Chief Financial Officer | Officer | 2 | $0 |
Alfonzo D Alexander President | Officer | 27 | $0 |
Sandra Davidson CPA Chief Financial Officer & Treasurer (retired) | Officer | 10 | $0 |
Donny Burkett CPA Director & Chairman | Trustee | 2 | $0 |
W Michael Fritz CPA Director & Vice Chair | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $54,480 |
Related organizations | $150,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $144,912 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $349,392 |
Total Program Service Revenue | $339,932 |
Investment income | $51,217 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,496 |
Net Income from Fundraising Events | $241 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $745,278 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $182,583 |
Pension plan accruals and contributions | $10,039 |
Other employee benefits | $37,150 |
Payroll taxes | $13,782 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,385 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,971 |
Fees for services: Other | $18,000 |
Advertising and promotion | $8,174 |
Office expenses | $4,354 |
Information technology | $26,946 |
Royalties | $62,958 |
Occupancy | $22,977 |
Travel | $45,230 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $88,402 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,580 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $578,503 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $156,757 |
Savings and temporary cash investments | $3,209 |
Pledges and grants receivable | $90,250 |
Accounts receivable, net | $88,926 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $18,247 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,307,130 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,664,519 |
Accounts payable and accrued expenses | $31,608 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $40,126 |
Total liabilities | $71,734 |
Net assets without donor restrictions | $1,213,601 |
Net assets with donor restrictions | $379,184 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,664,519 |