Return of Organization Exempt From Income Tax OMB No 1545-0047

157 Pages·2009·5.19 MB·English

1545-0047
990 Return of Organization Exempt From Income Tax OMBNo
Form Undersection 501(c), 527, or4947(a)(1)ofthe Internal Revenue Code (exceptblack lung 2007
benefittrustorprivate foundation)
DepartmentoftheTreasury OpentoPublic
InternalRevenueService ► Theorganization mayhaveto useacopyofthis returntosatisfystatereporting requirements. Inspection
A Forthe 2007calendaryear, ortaxyearbeginning and ending
B Checkif C Nameoforganization DEmployer identification number
applicable Please
useiRS ORATIO ALGER ASSN OF
[chaAdndgreess lpa,b,e.l,.o,r DISTINGUISHED AMERICANS , INC . 13-1669975
D^ange is Numberandstreet (orP.O. box ifmail is notdelivered tostreetaddress) Room/suite ETelephone number
^rerettuurrn Speafic99 CANAL CENTER PLAZA 1320 703-684-9444
^atiTeornmin- Intsotnrsuc- Cityortown,stateorcountry,andZIP+4 F Accountingmethod E::] Cash ® Accrual
O opeecrr
E-retumded LLEXANDRIA VA 22314
Appepnldiicinnagtion • Section 501(c)(3)organizations and4947(a)(1) nonexemptcharitabletrusts Hand Iarenotapplicable tosection527organizations
mustattach acompletedSchedule A(Form990or990-EZ).
H(a) Isthisa group returnforafflllates2 [:]Yes ®No
G Website. WWW. HORATIOALGER. ORG H(b) It"Yes,enter numberofaffiliatesPop- N/A
J Organization type (checkonlyone j 501(c)( 3 )A (insertno) 0 4947(a)(1) or 527 H(c) Areallaffiliates included? N/A Yes E:]No
(If"No,attach alist.)
K Check here ► 0 iftheorganization is nota509(a)(3) supportingorganization and itsgross
H(d) Isthisa separate returnfiledbyan or-
receiptsarenormallynotmorethan$25,000.Areturn is notrequired, butiftheorganization ganization coveredbyagroup ruling? Yes ®No
choosestothea return,besuretofileacomplete return. I Group Exemption Number00, N/A
M Check► 0 Iftheorganizationisnot required toattach
L Gross receipts:Add lines6b, 8b,9b,and 10bto line 12► 59 830 261 . Sch. B (Form 990,990-EZ,or990-PF).
Part I Revenue. Expenses. and Chances in Net Assets or Fund Balances
1 Contributions, gifts, grants,andsimilaramountsreceived:
a Contributions todonoradvised funds 1a
b Direct publicsupport (not included on line la) lb 30 , 339 , 757.
c Indirectpublicsupport(not included on line 1a) 1c
d Governmentcontributions (grants) (not included on line 1a) id
e Total (add lines 1athrough 1d)(cash$ 29,857, 269. noncash$ 482,488. ) le 30 , 339 , 757.
2 Program service revenue including governmentfees andcontracts (fromPartVII,line93) 2 1 , 440.
3 Membership duesandassessments 3
4 Interest on savingsandtemporarycash investments 4
5 Dividends and interestfromsecurities 5 1 , 749 , 139.
6 a Gross rents 6a
b Less:rentalexpenses 6b
c Netrentalincomeor(loss). Subtract line6bfrom line6a 6c
r_ 7 Other investment income(describe ► 7
8 a Grossamountfromsalesofassetsother (A)Securities (B)Other
cc than inventory 27 , 524 , 751. 8a
b Less: costorother basis andsales expenses 23 , 295 , 221. 8b 245.
c Gain or (loss)(attach schedule) 4 , 229 , 530. 8c -245.
d Netgain or(loss). Combine line 8c, columns(A)and (B) STMT 1 STMT 2 8d 4 , 229 , 285.
9 Specialeventsandactivities (attach schedule). Ifanyamountisfrom gaming,check here ►
ossr C ofconhlbutionsreportedonline1b) 9a
38Less. c e s s"et than fu dralstng expenses 9b
etIncomeor (loss)fromspe IS ents Subtract line9bfrom line 9a 9c
10 ross(^OeVo^ingnkftss eto sandallowances 10a
ess:costofgoods sold U) 10b
ros^p s o s inventory (attach schedule). Subtract line 10bfrom line 10a 10c
11 Othr( P ll,Ilne 3) 11 215 , 174 .
12 Total revenue Add lines le 2 3 4 5 6c 7 8d 9c 10c and 11 12 36 , 534 795 .
13 Program services(from line 44,column (B)) 13 17 , 182 387 .
fJl
14 Managementandgeneral(from line44,column (C)) 14 819 211 .
CL 15 Fundraising (from line44,column (D)) 15 106 956 .
X
16 Paymentstoaffiliates(attach schedule) 16
17 Total expenses. Addlines 16and44,column (A) 17 18 , 108 554 .
18 Excessor (deficit) fortheyear. Subtract line 17from line 12 18 18 , 426 241 .
f!1
y 19 Netassets orfundbalances atbeginningofyear(fromline 73,column (A)) 19 63 , 916 788 .
Za 20 Otherchanges in netassetsorfund balances (attach explanation) SEE STATEMENT 3 20 -2 , 785 083.
21 Netassetsorfund balancesatendofyear. Combine lines 18, 19, and20 21 79 , 557 946
iz=9-o7 LHA ForPrivacyActand PaperworkReduction ActNotice, seethe separate instructions. \/\ (^q^p Form990(2007)
1 V \ ) \
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HORATIO ALGER ASSN OF
Form990 2007 DISTINGUISHED AMERICANS , INC. 13-1669975 Page2
Part II Statement of Allorganizations mustcompletecolumn (A).Columns (B),(C),and(D)arerequired forsection 501(c)(3)
Functional Expenses and (4)organizations andsection4947(a)(1)nonexemptcharitable trusts butoptionalforothers.
Donotincludeamounts reportedonline (A)Total (B) Program (C) Management (D) Fundraising
6b, 8b, 9b, 10b, or 16ofPart I. services andgeneral
22a Grants paidfromdonor advised funds
(attachschedule)
(cash $ 0 . noncash$ 0.1
Ifthisamountincludesforeigngrants,checkhere ► a 2a
22b Other grants and allocations (attach schedule STATEMENT 5
(cash $10228414 0.
noncash$ 1
Ifthisamount includesforeigngrants,checkhere ► iI 22b 10 , 228 , 414. 10 , 228 , 414.
23 Specific assistancetoindividuals (attach
schedule) 23
24 Benefits paid toorformembers (attach
schedule) 24
25a Compensation ofcurrentofficers, directors, key
employees, etc. listed inPartV-A 25a 468 , 097. 411 , 926. 37 , 447. 18 724.
b Compensation offormerofficers, directors,key
employees,etc. listed in PartV-B 25b 0. 0. 0. 0.
c Compensation andother distributions, notincluded
above,todisqualifiedpersons (asdefined under -
section 4958(f)(1)) and personsdescribedin
section 4958(c)(3)(B) 5c
26 Salaries and wages ofemployees not
included on lines 25a, b, and c 26 478 , 465. 417 , 107. 39 , 767. 21 , 591.
27 Pension plan contributions not included on
lines 25a, b, and c 27 25 , 982. 22 , 556. 2 , 234. 1 , 192.
28 Employeebenefits not included on lines
25a-27 28 45 , 518. 39 , 501. 3 , 921. 2 , 096.
29 Payrolltaxes 29 70 , 084. 61 , 674. 5 , 607. 2 , 803.
30 Professionalfundraisingfees 30
31 Accounting fees 31 349 779. 170 774. 179 005.
32 Legalfees 32 22 , 760. 22 , 760.
33 Supplies 33 , 40 , 567. 36 , 941. 2 , 516. 1 , 110.
34 Telephone [phone] , 193. 1 , 269.
35 Postageand shipping 35 74 , 259. 68 : 179. 3 , 871. 2 209.
36 Occupancy 36 310 710. 290 , 460. 12 , 543. 7 , 707.
37 Equipment rentaland maintenance 37 3 302. 2 , 375. 927.
38 Printing and publications 38 191 299. 156 , 794. 32 , 330. 2 175.
39 Travel _ 39 256 447. 227 507. 28 , 201. 739.
40 Conferences, conventions, and meetings 40
41 Interest 41
42 Depreciation, depletion, etc (attach schedule) 42 50 , 127. 40 , 683. 7 , 455. 1 , 989.
43 Otherexpenses not covered above(itemize)
a 43a
b 43b
c 43c
d 43d
e 43e
f 43f
g SEE STATEMENT 4 43 5 , 460 , 562. 4 , 978 , 776. 438 434. 43 , 352.
44 Totalfunctional expenses Addlines22athrough
43g. (Organizations completing columns (B)-(D),
carrythesetotalsto lines 13-15) 44 18 , 108 , 554. 17 , 182 , 387. 819 211. 106 , 956.
JointCosts. Check ► El ifyouarefollowing SOP98-2
Areany jointcostsfromacombinededucationalcampaignandfundraising solicitation reported in(B)Programservices? ► 0 Yes ® No
IfYes;enter(i) theaggregateamountofthesejointcosts $ N/A ;(ii) theamountallocated toProgram services$ N/A
(iii) theamountallocatedtoManagement and general $ N/A and (iv) theamountallocated toFundraising $ N/A
12-2 07 Form990(2007)
7
2
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HORATIO ALGER ASSN OF
Form990 2007 DISTINGUISHED AMERICANS , INC. 13-1669975 Page3
Part III Statement of Program Service Accomplishments (Seetheinstructions)
Form 990 isavailableforpublic inspection and, forsomepeople, servesasthe primary orsolesourceofinformation about a particularorganization.
Howthepublic perceives anorganization insuch cases maybedetermined bythe information presented on its return. Therefore, please make surethe
return is completeand accurate andfullydescribes, in Part III, theorganization's programs and accomplishments
What istheorganization's primary exempt purpose? ► SEE STATEMENT 6 ProgramService
Expenses
(Required for 501(c)(3)
Allorganizations mustdescribetheirexempt purpose achievements in aclearand concise manner Statethenumberof and(4)orgs.,and
clients served, publications issued, etc. Discuss achievementsthat arenot measurable. (Section 501(c)(3) and (4) 4947(a)(1)trusts;but
organizations and4947(a)(1) nonexempt charitable trusts must also entertheamount ofgrants and allocationstoothers) optionalforothers.)
a HORATIO ALGER AWARDS INDUCTION CEREMONY: THIS HONOR IS
PRESENTED TO TEN AMERICANS EACH YEAR IN RECOGNITION OF THEIR
OUTSTANDING CONTRIBUTIONS IN THEIR CHOSEN FIELDS.
(Grantsandallocations $ Ifthis amount includesforeigngrants, check here ON, 0 3 , 171 , 263.
b THE HORATIO ALGER MILITARY VETERANS SCHOLARSHIP PROGRAM
PROVIDES FINANCIAL ASSISTANCE TO MEN AND WOMEN WHO SERVED
UNDER THE UNITED STATES MILITARY IN AFGHANISTAN OR IRAQ
SINCE SEPTEMBER 2001.
(Grantsand allocations $ 3 640 000 . Ifthis amount includesforeigngrants, check here 00, El 3 , 882 , 288.
c NATIONAL SCHOLARS PROGRAM: THE PROGRAM ALLOWS MORE THAN 100
STUDENTS EACH YEAR FROM HIGH SCHOOLS ACROSS THE UNITED
STATES AND PUERTO RICO TO RECEIVE HORATIO ALGER
SCHOLARSHIPS.
(Grantsand allocations $ 2 014 026 . Ifthisamount includesforeign grants, check here ► El 2 , 361 , 281.
d STATE SCHOLARSHIP PROGRAMS : SCHOLARSHIPS ARE AWARDED
ANNUALLY IN PARTICULAR STATES TO STUDENTS WHO HAVE EXHIBITED
INTEGRITY AND HAVE OVERCOME ADVERSITY SO THEY MAY PURSUE
HIGHER EDUCATION.
(Grants and allocations $ 4 445 913. Ifthis amount includes foreigngrants, check here 0 5 , 163 , 843.
e Other program services (attach schedule) SEE STATEMENT 7
(Grants and allocations $ 128 475 . Ifthis amount includes foreigngrants, check here 00, El 2 , 603 , 712.
f Total ofProgramService Expenses(should equal line44,column (B), Program services) ► 17,182,387.
Form990(2007)
723021
12-27-07
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HORATIO ALGER ASSN OF
Form990 2007 DISTINGUISHED AMERICANS , INC. 13-1669975 Page4
Part IV Balance Sheets (Seetheinstructions)
Note: Whererequired, attachedschedulesandamounts within thedescription column (A) (B)
shouldbeforend-of-yearamounts only Beginningofyear Endofyear
45 Cash -non-interest-bearing 45
46 Savingsand temporary cash investments - 19 , 995 , 825. 46 24 . 541 , 250.
47 a Accounts receivable 47a
b Less allowancefordoubtful accounts 47b 47c
48 a Pledges receivable 48a 22 , 727 , 886.
b Less: allowancefordoubtful accounts 48b 626 , 862 . 15 , 985 , 935 . 48c 22 , 101 , 024.
49 Grants receivable 49
50 a Receivables from current andformer officers, directors,trustees, and
keyemployees 50a
b Receivables from otherdisqualified persons (as defined under section
4958(f)(1))and personsdescribed in section4958(c)(3 (B) 50b
51 a Othernotesand loans receivable 51a
a b Less: allowancefordoubtfulaccounts 51b 51c
52 Inventoriesforsaleoruse 52
53 Prepaid expenses and deferred charges 848 , 053. 53 705 , 466.
54 a Investments - publicly-traded securities STMT 9 ► 0 Cost ® FMV 36 , 893 , 131. 54a 46 , 559 , 399.
b Investments - other securities ► 0 Cost FMV 54b
55 a Investments - land, buildings, and STMT 8
equipment basis 55a
b Less accumulated depreciation 55b 55c
56 Investments -other 56
57 a Land, buildings, andequipment basis 57a 622 , 282.
b Less-accumulated depreciation 57b 513 , 243. 118 , 744. 57c 109 , 039.
58 Otherassets,including program-related investments
(describe ► SEE STATEMENT 10 ) 1 706 , 753 . 58 1 , 724 , 444.
59 Total assets must equal line74 Add lines 45through 58 75 , 548 , 441. 59 95 , 740 , 622.
60 Accounts payableand accrued expenses - - 627 , 290 . 60 561 , 100.
61 Grants payable 61
62 Deferred revenue 41 , 300 . 62 47 , 800.
63 Loansfrom officers, directors, trustees, and keyemployees 63
Y
64 a Tax-exempt bond liabilities 64a
b Mortgages and othernotes payable 64b
65 Otherliabilities (describe ► SEE STATEMENT 11 ) 10 , 963 , 063. 65 15 , 573 , 776.
66 Total liabilities.Add lines 60through 65 11 , 631 , 653. 66 16 , 182 , 676.
Organizations thatfollowSFAS 117, check here► ® and complete lines
67through 69and lines 73and 74
Q 67 Unrestricted 41 , 250 , 227 . 67 50 , 468 , 918.
.0` 68 Temporarily restricted 19 , 910 , 533 . 68 26 , 258 , 473.
M 69 Permanently restricted 2 , 756 , 028. 69 2 , 830 , 555.
Organizations that do notfollowSFAS 117, check here ► EJ and
LL completelines 70through 74
°„) 70 Capital stock, trust principal, orcurrent funds 70
y 71 Paid-inorcapital surplus, or land, building, and equipment fund 71
a 72 Retained earnings, endowment, accumulated income, orotherfunds 72
Z 73 Total netassets orfundbalances Addlines 67through 69orlines70through 72.
(Column (A)mustequalline 19andcolumn (B) mustequalline21) 63 , 916 , 788.1 73 79 , 557 , 946.
74 Total liabilities and netassets/fund balances.Addlines66and73 75 , 548 , 441 .1 74 95 , 740 , 622.
Form 990(2007)
723031
12-27-07
4
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HORATIO ALGER ASSN OF
Form990 200 DISTINGUISHED AMERICANS INC. 13- 1669975 Page5
Part IV-A Reconciliation of Revenue per Audited Financial Statements With Revenue per Return (Seethe
instructions)
a Total revenue, gains, and othersupport peraudited financial statements _ a 33 , 749 , 712.
b Amounts included on line abut not on Part I, line 12
1 Net unrealizedgainson investments b1- 2 785 328.
2 Donated services and useoffacilities _ b2
3 Recoveries ofprioryeargrants _ b3
4 Other(specify)- b4
Add lines blthrough b4 b -2 785 328.
c Subtract linebfrom line a c 36 , 535 , 040.
d Amounts included on Part I, line 12, but not on linea:
1 Investmentexpenses not included on Part I, line6b dt
2 Other(specify) LOSS ON DISPOSAL OF ASSETS d2 -245.
Addlinesdlandd2 d -245.
e Totalrevenue Part I line 12) Add lines cand d _ e .36 534 795.
Part IV-B Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
a Total expenses and losses peraudited financial statements a 18 108 554 .
b Amounts included on line a but not on Part I, line 17
1 Donated services and useoffacilities b1
2 Prioryearadjustments reported on Part I, line20 b2
3 Losses reported on Part I, line20 b3
4 Other(specify)- b4
Add lines b1through b4 b 0.
c Subtract line bfrom line a c 18 , 108 , 554.
d Amounts included on Part I, line 17, but not on line a:
1 Investment expenses not included on Part I, line6b d1
2 Other(specify). d2
Add lines dl and d2 d 0.
e Total expenses Part I line 17) Add lines cand d 10-1 e 18 , 108 , 554.
Part V-A Current Officers, Directors, Trustees, and Key Employees (List each personwhowasan officer, director,trustee,
orkevemoloveeat anytimedurina the yeareven iftheywere not compensated )(See theinstructions.)
(B)Titleandaverage hours (C)Compensation (D'Contnbutionsto (E) Expense
(A) Name andaddress perweekdevoted to Ifnotpaid, enter a ployeebenefit accountand
position ( -0-- copmlpaennss8atdieofnerprleadns otherallowances
TERRENCE-J.-GIROUX -------- -------- EXECUTIVE DIRECTOR
99-CANAL-CENTER PLAZA,-SUITE 320----
-- ---
ALEXANDRIA , VA 22314 40.00 397 593. 0 , 504. .
FOR ALL OTHERS SEE ATTACHMENT ------ BOARD MEMBER
99-CANAL-CENTER PLAZA,-SUITE 320_---
- ------------- - -
ALEXANDRIA VA 22314 1.00 . . .
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Form990(2007)
723041 12-27-07
5
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HORATIO ALGER ASSN OF
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Part V-A Current Officers, Directors, Trustees, and Key Employees (continued) Yes No
75 a Enterthetotal numberofofficers, directors, andtrustees permitted tovoteonorganization businessat board
meetings ► 55
b Areanyofficers, directors, trustees, orkeyemployees listed in Form990, Part V-A, orhighest compensated employees
listed in ScheduleA, Part I, orhighestcompensated professional andotherindependent contractors listed inScheduleA,
Part Il-Aor II-B, related toeach otherthrough familyorbusiness relationships? If "Yes,' attacha statement that identifies
theindividuals and explainsthe relationship(s) 75b X
c Doanyofficers, directors, trustees, or keyemployees listed in Form990, Part V-A, or highest compensated employees
listed inScheduleA, Part I, orhighest compensated professional and other independent contractors listed in ScheduleA,
Part II-Aor II B, receive compensationfrom anyotherorganizations, whethertaxexemptortaxable,thatarerelated tothe
organization? Seethe instructionsforthedefinition of 'related organization " 75c X
If "Yes," attachastatement that includes the information described intheinstructions
d Doestheorganization haveawritten conflict ofinterest policy? 75d X
PadrtV-B ^ Former Officers, Directors, Trustees, and Key Employees That Heceived compensation or Uther
Benefits (Ifanyformerofficer,director, trustee, orkeyemployee received compensationorother benefits(described below)during
theyear. listthat person belowand entertheamountofcomoensation orother benefits inthearmtoprlatecolumn Seetheinstructions)
(C)Compensation (D)Contributionsto (E) Expense
(A) Nameandaddress (B)LoansandAdvances (ifnotpaid, employeebenefit accountand
NONE enter -0-) copmlapnesns8atdieofnerpreldans otherallowances
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Part VI Other Information (Seetheinstructions) Yes No
76 Didtheorganization makea change in itsactivities ormethods ofconducting activities? If "Yes," attach adetailed
statement ofeach change 76 X
77 Wereanychanges made intheorganizing orgoverning documents but not reported tothe IRS? 77 X
If "Yes," attach aconformed copyofthechanges
78 a Did theorganization haveunrelated businessgross incomeof$1,000ormoreduringtheyearcovered bythis return? 78a X
b If "Yes," has it filed atax return onForm990-Tforthis year? N/A 78b
79 Wasthere aliquidation, dissolution, termination, orsubstantial contraction duringthe year? If "Yes," attach a statement 79 X
80 a Istheorganization related (otherthan by association with astatewide ornationwideorganization) through common
membership, governing bodies, trustees, officers, etc , toanyotherexempt ornonexempt organization? 80a X
b If "Yes,' enterthe name oftheorganization" N/A
and checkwhether it is exemptor El nonexempt
81 a Enterdirect and indirect political expenditures (Seeline81 instructions) 81a 0.
b Did theorganization fileForm 1120-POLforthis year? 1b X
FormVVU(2007)
723161/12-27-07
6
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HORATIO ALGER ASSN OF
Form990 200 DISTINGUISHED AMERICANS , INC. 13-1669975 Pa e7
Part VI Other Information (continued) Yes No
82 a Didtheorganization receivedonated services orthe useofmaterials, equipment, orfacilities at nochargeoratsubstantially
less thanfairrentalvalue? - - 82a X
b If 'Yes,' you may indicate thevalueofthese items here. Donot includethis
amount as revenue in Part I oras an expense in Part II
(Seeinstructions in Part III) - 82b N/A
83 a Didtheorganization comply with the public inspection requirements forreturns and exemption applications? - 83a X
b Did theorganization comply withthedisclosure requirements relatingtoquidproquo contributions? 83b X
84 a Did theorganization solicit anycontributions orgifts that werenot taxdeductible? 84a X
b If "Yes," didtheorganization include with everysolicitation anexpress statement that such contributions orgifts were not
tax deductible? N/A 84b
85 a 501(c)(4), (5), or(6). Weresubstantially alldues nondeductible by members? N/A 85a
b Did theorganization make onlyin-houselobbying expendituresof $2,000orless? N/A 85b
If "Yes' wasansweredtoeither85a or85b,donotcomplete85cthrough 85h belowunlesstheorganization received a
waiverforproxytaxowed fortheprior year
c Dues, assessments, and similaramountsfrom members 85c N/A
d Section 162(e) lobbying and political expenditures - 85d N/A
e Aggregate nondeductible amount ofsection 6033(e)(1)(A) dues notices _ 85e N/A
f Taxable amount of lobbying and politicalexpenditures (line85d less85e) 85f N/A
g Doestheorganization electto paythesection 6033(e)tax ontheamount on line 850 N/A 85
h Ifsection6033(e)(1)(A) dues notices weresent,doestheorganization agreetoadd theamount on line 85f
to its reasonable estimate ofduesallocabletonondeductible lobbying and political expenditures forthe
following taxyear'? N/A 85h
86 501(c)(7)organizations Enter a Initiation feesand capitalcontributions included on
line 12 86a N/A
b Gross receipts, included online 12,for public use ofclubfacilities 86b N/A
87 501(c)(12) organizations Enter- aGross incomefrom members orshareholders _ 87a N/A
b Gross incomefrom othersources (Do not net amounts dueorpaid toothersources
against amounts dueorreceivedfromthem) _ 87b N/A
88 a At anytimeduringtheyear, didtheorganization owna50% orgreater interest inataxable corporation orpartnership,
oranentitydisregarded as separatefromtheorganization underRegulations sections301 7701-2 and 301 7701-3?
If "Yes," complete Part IX 88a X
b At anytimeduringtheyear, didtheorganization, directlyorindirectly, ownacontrolled entitywithinthe meaningof
section 512(b)(13)' If "Yes," complete Part XI ► 88b X
89 a 501(c)(3)organizations Enter: Amount oftax imposed ontheorganization during theyear under-
section 4911k" 0 . ;section 4912► 0 . ;section 4955 ► 0.
b 501(c)(3)and501(c)(4) organizations Didtheorganization engageinany section 4958 excess benefit
transaction duringtheyearordid it becomeawareofan excess benefit transaction from a prior year?
If "Yes," attach astatement explainingeach transaction 89b X
c Enter Amount oftaximposed ontheorganization managers ordisqualified personsduringtheyearunder
sections4912, 4955, and 4958 ► 0.
d Enter Amount oftaxon line 89c, above, reimbursed bytheorganization - ► 0.
e Allorganizations. At anytime during thetaxyear, wastheorganization a partytoa prohibitedtaxsheltertransaction? 89e X
f Allorganizations. Didtheorganization acquire adirect orindirect interest in anyapplicable insurancecontract? 89f X
g Forsupportingorganizations andsponsoringorganizations maintaining donoradvisedfunds Did thesupporting organization,
orafund maintained by asponsoring organization, have excess business holdingsat anytime duringtheyear? 89 X
90 a List thestates withwhich acopyofthis return isfiled
b Numberofemployees employed inthe pay periodthat includes March 12, 2007 _ 90b 10
91 a Thebooksareincare of ► HALT, BUZAS & POWELL, LTD. Telephoneno.► 703-83 6-1 350
Locatedat ► 99 CANAL CENTER PLAZA, #230, ALEXANDRIA, VA ZIP+4 ► 22314
b At anytimeduringthecalendar year, didtheorganization have an interest inora signature orotherauthorityover Yes No
afinancial account in aforeign country (such as a bank account, securities account, orotherfinancial account)' 91b X
If "Yes," enterthe name oftheforeign country ► N/A
Seethe instructionsforexceptions and filing requirementsforFormTDF90-22.1, Report of Foreign Bank
and FinancialAccounts
Form990(2007)
723162/12-27-07
7
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HORATIO ALGER ASSN OF
Form990 2007 DISTINGUISHED AMERICANS INC. 13-1669975 Pa e8
Part VI Other Information (continued) Yes No
c Atanytimeduringthecalendar year, didtheorganization maintain anofficeoutsideofthe Unrted States? 91c X
If "Yes,' enterthe nameoftheforeign country ► N/A
92 Section4947(a)(1)nonexemptcharitable trustsfiling Form990inlieuofForm 1041- Check here ►
and entertheamount oftax-exempt interest received oraccrued duringthetaxyear 92 N/A
Part VII Analysis of Income-Producing Activities (Seetheinstructions)
Note•Entergrossamounts unless otherwise Unrelated business income Excludedbysection512,513,or514 (E)
A C
Indicated Related orexempt
93 Program servicerevenue Bucsoidneess Amount Ecxocd)e Amount function income
a VIDEO & BOOK SALES 1 , 440.
b
c
d
e
f Medicare/Medicaid payments
9 Fees and contracts from government agencies
94 Membership duesand assessments
95 1nterestonsavingsandtemporarycash investments
96 Dividends and interestfrom securities 14 1 1 749 , 139.
97 Net rental incomeor(loss)from real estate:
a debt-financed property
b not debt-financed property
98 Net rental incomeor(loss)from personal property
99 Other investment income
100 Gainor(loss) from sales ofassets
>therthan inventory 18 4 , 229 , 285.
101 Net incomeor(loss) from special events
102 Gross profit or(loss) from sales ofinventory
103 Otherrevenue.
a OTHER REVENUE 01 215 174.
b
c
d
e
104 Subtotal (addcolumns (B), (D), and (E)) 0.1 1 6 , 193 , 598.1 1 , 440.
105 Total (add line 104, columns (B), (D), and (E)) ► 6,195,038.
Note:Line 105plusline le, Part f, shouldequaltheamountonline 12, PartI
Part VIII Relationship of Activities to the Accomplishment of Exempt Purposes (Seetheinstructions)
Line No Explain howeach activityforwhich income isreported incolumn (E)ofPartVIIcontributed importantlytotheaccomplishmentoftheorganization's
V exemptpurposes (otherthan byprovidingfundsforsuch purposes).
93A HE ASSOCIATION SELLS VIDEOS AND BOOKS ABOUT HORATIO ALGER ,
ENTREPRENEURSHIP AND THE FREE ENTERPRISE SYSTEM TO MOTIVATE AND
,EDUCATE THE YOUTH.
Part IX Information Regarding Taxable Subsidiaries and Disregarded Entities (Seetheinstructions)
(A) (B) (C) (D) (E)
Name,address,andEIN ofcor oration, Percentage of Natureofactivities Totalincome End-of-year
partnership, ordisregardedenti ownership interest assets
N/A %
Part X Information Reaardina Transfers Associated with Personal Benefit Contracts rseetheinstructions
(a) Didtheorganization,during theyear,receiveany funds, directly orindirectly,topaypremiumsonapersonal benefitcontract? 0 Yes ® No
(b) Didtheorganization,during theyear,paypremiums,directlyorindirectly,onapersonal benefitcontract? 0 Yes ® No
Note:If 'Yes" to(b), fileForm8870andForm4720 (see instructions)
Form990(2007)
723163
12-27-07
8
11 191 1 nA '7'91 A9 1 ')n7c ')nn7 ngnIn unnamTn AT (!PA acerT n'W nTCmT ' fl')q 1
HORATIO ALGER ASSN OF
Form990 2007 DISTINGUISHED AMERICANS , INC. 13-1669975 Page9
Part XI Information Regarding Transfers To and From Controlled Entities. Completeonlyiftheorganization isa
controllinaoroanizatfonasdefinedinsection 512(b)(13). N/A
Yes No
106 Didthereporting organization makeanytransfers toacontrolled entity asdefined in section 512(b)(13) oftheCodes If "Yes,'
completetheschedule belowforeach controlled entity
(A) (B) (C) (D)
Name, address, ofeach Employer Description of Amountof
Identification
controlled entity transfer transfer
Number
---------------------------------
a
---------------------------------
---------------------------------
b
- --------------------------------
--------------------------------
c
- --------------------------------
Totals
Yes No
107 Didthe reporting organizationreceive anytransfersfromacontrolled entity asdefined insection 512(b)(13) ofthe Code? If "Yes,"
completethe schedule belowforeach controlled entity
(A) (B) (C) (D)
Name, address, ofeach Employer Description of Amountof
Identification
controlledentity transfer transfer
Number
---------------------------------
a
---------------------------------
---------------------------------
b
- --------------------------------
--------------------------------
c
- --------------------------------
Totals
Yes No
108 Didtheorganlz avea in gwritten contract ineffect onAugust 17, 2006, coveringthe interest, rents, royalties, and
annultl escrlbed in question/i07 above
16nderpenaltiesofperjury, I( thisreturn,includingaccompanyingschedulesandstatements,andtothebestofmyknowledgeandbelief,itistrue,correct,
andcomplete Declarationof isbasedonallinformationofwhichpreparerhasanyknowledge
Please inow)e,
Sign Slg atureofofficer
Here
Typeorprint nameandtitle
Preparer's I
Paid
signature
Preparer's Firm'sname(or "HA-LT , BUZAS & POWELL,
Use Only yoursif
self-employed), 99 CANAL CENTER PLAZA,
address,and
ZIP+4 ATL'YATTTIDTA '7A 1)711 A
723164/12-27-07
11 Ar,1 1 nA 7cr, -4 A9 1100 , onn`7 n9nq
SCHEDULE A
I Organization Exempt Under Section 501(c)(3) OMBNo 1545-0047
(Form990 or990-FZ)
(ExceptPrivate Foundation)andSection 501(e), 501(f), 501(k),
2007
501(n), or4947(a)(1) NonexemptCharitableTrust
Supplementary Information-(See separate instructions.)
DepartmentoftheTreasury
InternalRevenueService ► MUST be completed bythe above organizations and attachedtotheir Form 990or990-E2
Nameofthe organization HORATIO ALGER ASSN OF Employer identification number
Part I Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
(Seepane 1 ofthe Instructions. Listeach one. Ifthereare none.enter"None.")
(a)Nameandaddressofeach employeepaid (b)pTietrlewaenedkadveevroatgeedhtoours (c)Compensation (d) Conyeebenertto acc(oeu)ntExapnednsoether
morethan $50,000 position pcloamnspe&nsdaetfeirorned allowances
JULIE_REAMES_______________________ IR PROG SER
99 CANAL CENTER PLAZA #320 , ALEXANDRI 40.00 100 843. 15,327.
MARGARET DILLARD_SLIPEK_____________MGR EDIT. SVC
99 CANAL CENTER PLAZA #320 ALEXANDRI 40.00 86 , 943 . 13 , 481.
MELODY MORRIS MGR MEMBR SVC
99 CANAL CENTER PLAZA #320 , ALEXANDRI 40.00 71 , 783. 12 , 416.
KRISTEN CARTER---------------------MGR, EDUC PR & DEV
99 CANAL CENTER PLAZA #320 , ALEXANDRI 40.00 48 , 620. 9 , 675.
NICOLE FOX ________________________ GR, EDUC PROGRAMS
99 CANAL CENTER PLAZA #320 , ALEXANDRI 40.00 48 , 620. 9 , 675.
Totalnumberofotheremployees paid
over$50,000 ► 0
Part II-A I Compensation of the Five Highest Paid Independent Contractors for Professional Services
(Seeoaae 2ofthe instructions. Listeachone(whether individuals orfirms). Ifthereare none.enter"None"1
(a)Nameandaddressofeach independentcontractor paidmorethan$50,000 (b)Typeofservice (c)Compensation
MONTEREY INTERNATIONAL----
200 WEST SUPERIOR SUITE 200 , CHICAGO , IL 60610 CONSULTING 259 373.
HALT, BUZAS&POWELLJ- -L-TD-.- ----------- -- - -- ----
99 CANAL CENTER PLAZA, ALEXANDRIA , VA 22314 ACCOUNTING 238 558.
FOSS CONSULTING INC.
1000 QUAYSIDE TERRACE MIAMI FL 33138 CONSULTING 142 596.
KPMG-LLP
-------------------------------------------
1660 INTERNATIONAL DRIVE , MCLEAN , VA 22102 AUDIT 118 250.
JASON_SALASDESIGN ---------------------------
1900 CAMPUS COMMONDS DR STE 100 , RESTON VA 2019CONSULTING 78 , 280.
Totalnumberofothersreceivingover
$50,000forprofessional services ► 1
Part II-B I Compensation of the Five Highest Paid Independent Contractors for Other Services
(Listeach contractorwho performedservicesotherthan professionalservices, whether individualsor
firms- Iftherearenone.enter"None"See nane2oftheinstructions)
(a)Nameandaddressofeach independentcontractor paidmorethan$50,000 (b)Typeofservice (c)Compensation
SIGNATURE COMMUNICATIONS1_INC_________________ PROGRAM
4250 HUNTING CREEK ROAD , HUNTINGTOWN , MD 20639 PRODUCTION 387 , 516.
OORVIS
COMMUNICATIONS-j-----------------j-j---
1201201 CONNECTICUT AVE. NW STE 300 , WASHINGTON , PUBLIC RELATIONS 263 031.
DISTRICT CREATIVE PRINTING
6350 FALLARD DRIVE UPPER MARLBORO MD 20772 PRINTING 159 532.
CINDY _KELLY_ SPILMAN _
-------------------------
1953 MASSACHUSETTS AVE MCLEAN VA 22101 EVENT MANAGEMENT 148 649.
THE BLANKENSHIP COMPANY
611 WESTHAM WOODS DR. RICHMOND VA 23229 STAGING AND DECO 146 175.
Totalnumberofother contractorsreceivingover
$50,000forother services ► 12
72310112-27-07 LHA ForPaperwork Reduction ActNotice, seethe InstructionsforForm990and Form 990-EZ Schedule A(Form990or990-EZ)2007
10
11 1911 nA '7cr,1Q Z707r, ')0(`1'7 ngnrn un1UamTn AT!!'V accrT n3' rnTCmT 10n')I 1