Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,745,381

• 3 · Investment income

  total $231,473 · excluded $231,473

• 7a · Gross sales of assets other than inventory

  securities $8,175,760

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

  securities $8,007,922

• 7c · Gain or loss

  securities $167,838

• 7d · Net gain or loss

  total $167,838 · excluded $167,838

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $336,753 · program services $313,180 · management and general $23,573

• 7 · Other salaries and wages

  total $1,095,967 · program services $1,019,249 · management and general $76,718

• 8 · Pension plan contributions

  total $34,675 · program services $32,248 · management and general $2,427

• 9 · Other employee benefits

  total $123,257 · program services $114,629 · management and general $8,628

• 10 · Payroll taxes

  total $106,126 · program services $98,697 · management and general $7,429

• 11a · Fees: management

  total $167,556 · management and general $167,556

• 11b · Fees: legal

  total $177,345 · program services $177,345

• 11f · Fees: investment management

  total $10,379 · management and general $10,379

• 11g · Fees: other

  total $139,449 · program services $2,000 · management and general $137,449

• 13 · Office expenses

  total $13,509 · program services $11,632 · management and general $1,877

• 14 · Information technology

  total $16,739 · program services $15,155 · management and general $1,584

• 16 · Occupancy

  total $375,475 · program services $348,907 · management and general $26,568

• 17 · Travel

  total $19,624 · program services $14,632 · management and general $4,992

• 22 · Depreciation, depletion and amortization

  total $8,864 · program services $8,244 · management and general $620

• 23 · Insurance

  total $37,228 · program services $37,228

• 24a · Other expenses: SUBSCRIPTIONS & DUES

  total $25,786 · program services $25,562 · management and general $224

• 24b · Other expenses: DIRECT MAIL LIST RENTAL

  total $9,280 · management and general $9,280

• 24c · Other expenses: BANK CHARGES

  total $9,168 · management and general $9,168

• 24d · Other expenses: OTHER TAXES

  total $4,074 · program services $4,074

• 24e · All other expenses

  total $969 · program services $859 · management and general $110

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $200 · end of year $200

• 2 · Savings and temporary cash investments

  beginning of year $3,453,227 · end of year $3,644,239

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,065 · end of year $5,949

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

  $65,698

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

  $53,851

• 10c · Land, buildings and equipment, net

  beginning of year $20,711 · end of year $11,847

• 11 · Investments: publicly traded securities

  beginning of year $2,798,398 · end of year $3,229,215

• 17 · Accounts payable and accrued expenses

  beginning of year $70,417 · end of year $56,986

• 25 · Other liabilities

  beginning of year $95,316 · end of year $62,308

• 27 · Net assets without donor restrictions

  beginning of year $6,112,868 · end of year $6,772,156

The filer's explanations (Part III)

PART I, LINE 7

THE ORGANIZATION PAID OUT NON-FIXED BONUSES TO EMPLOYEES DURING THE YEAR AT THE DISCRETION OF THE ED. THE BONUSES WERE NOT CONTINGENT IN ANY WAY ON THE REVENUES OR EARNINGS OF THE ORGANIZATION OR ANY RELATED ORGANIZATIONS.