Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,746,985

• 3 · Investment income

  total $773,774 · excluded $773,774

• 7a · Gross sales of assets other than inventory

  securities $885,371

• 7b · Less cost or other basis and sales expenses

  securities $8,354

• 7c · Gain or loss

  securities $877,017

• 7d · Net gain or loss

  total $877,017 · excluded $877,017

• 11a · Other revenue: SPONSORSHIP INCOME

  total $298,182 · related or exempt $298,182

• 11e · Other revenue, total

  $298,182

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,873,812 · program services $1,873,812

• 2 · Grants to domestic individuals

  total $1,800,815 · program services $1,800,815

• 7 · Other salaries and wages

  total $200,417 · program services $80,864 · management and general $87,352 · fundraising $32,201

• 11c · Fees: accounting

  total $18,787 · management and general $18,787

• 11f · Fees: investment management

  total $27,991 · management and general $27,991

• 13 · Office expenses

  total $12,999 · management and general $12,999

• 19 · Conferences, conventions and meetings

  total $39,366 · management and general $39,366

• 23 · Insurance

  total $3,922 · management and general $3,922

• 24a · Other expenses: OTHER EXPENSES

  total $37,198 · management and general $6,363 · fundraising $30,835

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,066,090 · end of year $4,831,708

• 3 · Pledges and grants receivable

  beginning of year $2,712,078 · end of year $2,040,561

• 10a · Land, buildings and equipment: cost or other basis

  $25,531

• 10b · Land, buildings and equipment: accumulated depreciation

  $25,531

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $37,170,604 · end of year $40,725,159

• 19 · Deferred revenue

  beginning of year $1,527,271 · end of year $1,750,000

• 25 · Other liabilities

  beginning of year $388,236 · end of year $820,605

• 27 · Net assets without donor restrictions

  beginning of year $5,227,135 · end of year $5,417,716

• 28 · Net assets with donor restrictions

  beginning of year $35,806,130 · end of year $39,609,107

The filer's explanations (Part III)

PART I, LINE 3

CEO/EXECUTIVE DIRECTOR IS PAID BY CCAC AND COMPENSATION IS SUBJECT TO THE SALARY GRADES AND PAY LEVELS IN PLACE FOR COLLEGE EMPLOYEES.