Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $25,265

• 1d · Related organizations

  $312,255

• 1f · All other contributions, gifts and grants

  $614,243

• 2a · Program service revenue: EDUCATIONAL PROGRAMS

  total $83,699 · related or exempt $83,699

• 2b · Program service revenue: REGENTS' MEETINGS

  total $18,530 · related or exempt $18,530

• 3 · Investment income

  total $50,349 · excluded $50,349

• 6a · Gross rents

  real property $38,418

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $38,418

• 6d · Net rental income or loss

  total $38,418 · related or exempt $38,418

• 7a · Gross sales of assets other than inventory

  securities $2,832,806

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

  securities $2,679,052

• 7c · Gain or loss

  securities $153,754

• 7d · Net gain or loss

  total $153,754 · excluded $153,754

• 10a · Gross sales of inventory

  $65,163

• 10b · Cost of goods sold

  $28,366

• 10c · Net income from sales of inventory

  total $36,797 · excluded $36,797

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $56,048 · program services $14,012 · management and general $9,210 · fundraising $32,826

• 7 · Other salaries and wages

  total $884,050 · program services $754,705 · management and general $121,848 · fundraising $7,497

• 8 · Pension plan contributions

  total $56,795 · program services $46,441 · management and general $7,918 · fundraising $2,436

• 9 · Other employee benefits

  total $118,595 · program services $96,975 · management and general $16,533 · fundraising $5,087

• 10 · Payroll taxes

  total $67,460 · program services $55,162 · management and general $9,405 · fundraising $2,893

• 11c · Fees: accounting

  total $107,778 · management and general $107,778

• 11f · Fees: investment management

  total $12,667 · management and general $12,667

• 11g · Fees: other

  total $229,180 · program services $121,960 · management and general $45,072 · fundraising $62,148

• 12 · Advertising and promotion

  total $54,889 · program services $15,815 · management and general $1,070 · fundraising $38,004

• 13 · Office expenses

  total $53,072 · program services $40,782 · management and general $9,875 · fundraising $2,415

• 17 · Travel

  total $5,693 · program services $1,296 · management and general $4,397

• 19 · Conferences, conventions and meetings

  total $108,698 · program services $77,590 · management and general $20,703 · fundraising $10,405

• 22 · Depreciation, depletion and amortization

  total $198,125 · program services $198,125

• 23 · Insurance

  total $3,630 · management and general $3,630

• 24a · Other expenses: OTHER EXPENSES

  total $78,458 · program services $29,369 · management and general $13,371 · fundraising $35,718

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $21,757 · program services $2,094 · management and general $14,858 · fundraising $4,805

• 24c · Other expenses: EDUCATIONAL EXPERIENCES

  total $8,889 · program services $6,944 · management and general $1,945

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $534,062 · end of year $296,305

• 2 · Savings and temporary cash investments

  beginning of year $14,151 · end of year $13,414

• 3 · Pledges and grants receivable

  beginning of year $333,075 · end of year $303,910

• 8 · Inventories for sale or use

  beginning of year $18,382 · end of year $21,794

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

  $2,198,631

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

  $546,309

• 10c · Land, buildings and equipment, net

  beginning of year $1,819,847 · end of year $1,652,322

• 11 · Investments: publicly traded securities

  beginning of year $1,872,845 · end of year $1,443,813

• 15 · Other assets

  beginning of year $0 · end of year $10,769

• 17 · Accounts payable and accrued expenses

  beginning of year $80,795 · end of year $74,098

• 25 · Other liabilities

  beginning of year $90,816 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $3,291,557 · end of year $2,330,799

• 28 · Net assets with donor restrictions

  beginning of year $1,129,194 · end of year $1,337,430

The filer's explanations (Part III)

PART I, LINE 7

SCOTT STROH III RECEIVED A BONUS OF $15,000.