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        <FormAndLineReferenceDesc>Schedule D, Part V, Line 4 Intended uses of endowment funds</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote</FormAndLineReferenceDesc>
        <ExplanationTxt>NASAA is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been provided in these financial statements. Unrelated business income, if any, may be subject to income tax. NASAA paid no taxes on unrelated business income in the years ended September 30, 2025 and 2024. Generally accepted accounting principles require the recognition, measurement, classification, and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the Organization's tax returns. Management has determined that NASAA does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that NASAA's tax returns will not be challenged by the taxing authorities and that NASAA will not be subject to additional tax, penalties, and interest as a result of such challenge.</ExplanationTxt>
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        <PersonNm>Pamela Breaux</PersonNm>
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        <ExplanationTxt>THE DRAFT FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH SENIOR MANAGEMENT AND IS REVIEWED BY NASAA'S AUDIT COMMITTEE. SUBSEQUENTLY, A FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE FULL BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
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        <ExplanationTxt>The organization makes its governing documents, conflict of interest policy and financial statements available to the public online and/or upon request.</ExplanationTxt>
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