2024-03-19T09:35:12-05:00 2023-06-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-07-01 843933797 The Potato Leadership Education and Advancement Foundation POTA 2026829456 50 F Street NW 900 Washington DC 200011530 William K Quarles President 2026829456 2024-03-14 1 William Quarles XXX-XX-XXXX 1 Yong Zhang CPA P01249785 7038930300 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z William K Quarles 50 F Street NW 900 Washington DC 200011530 418816 0 X https://pleaf.org/ X 2019 DE Growing people who grow potatoes- See Schedule O 6 6 0 6 0 0 105594 60789 69315 60450 36654 29542 -8998 18400 202565 169181 10000 10000 0 0 0 0 0 0 0 157464 138570 167464 148570 35101 20611 2204865 2192214 79543 19122 2125322 2173092 The Potato Leadership, Education, and Advancement Foundation is working to become the long-term funding source to support leadership development, educational programs, and other efforts to advance the potato industry in the United States. 0 0 107305 60450 Leadership Development, Educational Training and Advancement Opportunities: Growers will learn how to become effective communicators, influencers, and decision-makers for the industry, broaden their understanding of the key opportunities, practices, and challenges affecting national potato production and build their industry network through unique opportunities for collaboration with grower-leaders from across the country. The Leadership Institute Alumni Summit brings together Institute graduates to network, refresh skills, and learn new techniques to better position themselves for success in the potato industry. The Potato Industry Leadership Institute brings together outstanding potato growers and industry representatives for eight days of training and professional development. 10000 10000 Graduate-level Annual Scholarship: The Potato Leadership, Education and Advancement Foundation (Potato LEAF) will award a $10,000 academic scholarship to one graduate-level student conducting research for the benefit of the potato industry. The winner is selected based on a number of criteria, including academic achievement, leadership abilities, potato-related areas of graduate study, benefit to the U.S. potato industry/commercial value, extracurricular activities, and grades. 117305 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 X William K Quarles CEO 2026829456 50 F Street NW 900 Washington DC 200011530 Shelley Olsen Director 1.00 X 0 0 0 Wendy Dykstra Director 1.00 X 0 0 0 RJ Andrus Vice Chairman of the Board 2.00 5.00 X X 0 0 0 Keith McGovern Director 1.00 X 0 0 0 Brett Jensen Director 1.00 1.00 X 0 0 0 Gregg Halverson Chairman of the Board 2.00 X X 0 0 0 William K Quarles President 2.00 40.00 X 0 231910 41579 Michael R Wenkel Vice President, Secretary/ 5.00 40.00 X 0 227060 25935 0 458970 67514 0 0 1 0 0 60789 38835 60789 Educational programs 900099 60450 60450 60450 51014 51014 189328 210800 -21472 -21472 -21472 57235 38835 18400 18400 169181 60450 0 47942 X 10000 10000 4910 4910 7854 7854 15497 15175 322 8472 4806 3666 8200 8200 64585 64275 310 Dues and subscriptions 26451 23049 3402 Taxes 2601 2601 148570 117305 31265 0 33709 10044 216660 217959 653767 161266 750 1285007 1783823 15722 18372 2204865 2192214 22535 57008 19122 79543 19122 X 1667789 1910076 457533 263016 2125322 2173092 2204865 2192214 20611 27158 0 X X 0 1 X 1 0 X 1637667 564481 105594 60789 2368531 1637667 564481 105594 60789 2368531 1193379 1175152 1071 15704 36529 51014 104318 45470 57235 102705 2575554 131565 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising Income - 2021 Amount: $ 45,470. 2022 Amount: $ 57,235. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Due to National Potato Council 19122 19122 X Part X, Line 2: Management evaluated the Organization's tax positions, and concluded that the consolidated financial statements do not include any uncertain tax positions. Auction at Potato Expo 2023 57235 0 57235 38835 57235 57235 38835 38835 18400 1 Scholarship 1 10000 0 N/A N/A Part I, Line 2: Each year, PLEAF awards a $10,000 academic scholarship to one graduate-level student conducting research for the benefit of the potato industry. The winner is selected based on a number of criteria, including academic achievement, leadership abilities, potato-related areas of graduate study, benefit to the U.S. potato industry/commercial value, extracurricular activities, and grades. 0 0 0 0 0 0 0 0 0 William K Quarles President 0 231910 0 0 0 0 0 13726 0 27853 0 273489 0 0 Michael R Wenkel Vice President, Secretary/ 0 227060 0 0 0 0 0 13132 0 12803 0 252995 0 0 Schedule J, Part I, Line 3: Methods used by related organization, National Potato Council, to establish compensation: Approval by the board or compensation committee X Auction items 23 38835 Fair Market Value 0 0 0 Form 990, Part I, Line 1, Description of Organization Mission: The Potato Leadership, Education, and Advancement Foundation is working to become the long-term funding source to support leadership development, educational programs, and other efforts to advance the potato industry in the United States. Form 990, Part VI, Section A, line 6 The sole member of the corporation is National Potato Council, a nonprofit corporation organized under the laws of the state of Colorado and described in Section 501(c)(5) of the Internal Revenue Code. Form 990, Part VI, Section A, line 7a National Potato Council as the sole member has the right to elect individuals to fill vacancies on the Board of Directors and to remove a voting director. Form 990, Part VI, Section A, line 7b National Potato Council as the sole member has the right to approve amendments to the Articles and Bylaws and to approve the dissolution, liquidation, merger or consolidation of the organization. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the Treasurer prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms that such person: (a) Has received a copy of the conflict of interest policy; (b) Has read and understands the policy; (c) Has agreed to comply with the policy; and (d) Understands that the organization is charitable and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 Officers and directors of the Foundation are not compensated for their services, and the Foundation currently has no employees. Form 990, Part VI, Section C, line 19 The Foundation's governing documents and financial statements are made available to the public upon request. Form 990, Part IX, line 11g Other professional fees: Program service expenses 15,175. Management and general expenses 322. Fundraising expenses 0. Total expenses 15,497. Form 990, Part XII, Line 2c: National Potato Council's Executive Committee assumes responsibility for oversight of the audit of its consolidated financial statements and selection of an independent accountant. National Potato Council 50 F Street NW Suite 900 Washington DC 200011530 530216598 To promote the welfare of the potato industry in the US CO 501(c)(5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0