Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $199,600

• 1f · All other contributions, gifts and grants

  $36,497,605

• 1g · Noncash contributions included above

  $8,382,433

• 3 · Investment income

  total $992,260 · excluded $992,260

• 7a · Gross sales of assets other than inventory

  securities $8,436,908

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

  securities $8,386,883

• 7c · Gain or loss

  securities $50,025

• 7d · Net gain or loss

  total $50,025 · excluded $50,025

• 8a · Fundraising events: gross income

  $70,200

• 8a · Fundraising events: contributions included on line 1c

  $199,600

• 8b · Fundraising events: direct expenses

  $84,483

• 8c · Net income from fundraising events

  total -$14,283 · excluded -$14,283

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $23,118,277 · program services $23,118,277

• 3 · Grants to foreign organizations and individuals

  total $3,312,840 · program services $3,312,840

• 5 · Compensation of officers, directors and key employees

  total $1,736,973 · program services $1,010,353 · management and general $355,663 · fundraising $370,957

• 7 · Other salaries and wages

  total $2,586,851 · program services $1,423,565 · management and general $371,733 · fundraising $791,553

• 8 · Pension plan contributions

  total $68,504 · program services $39,467 · management and general $8,979 · fundraising $20,058

• 9 · Other employee benefits

  total $182,234 · program services $95,435 · management and general $34,395 · fundraising $52,404

• 10 · Payroll taxes

  total $303,542 · program services $170,378 · management and general $51,703 · fundraising $81,461

• 11b · Fees: legal

  total $69,536 · program services $7,989 · management and general $55,337 · fundraising $6,210

• 11c · Fees: accounting

  total $105,190 · management and general $105,190

• 11d · Fees: lobbying

  total $78,000 · program services $78,000

• 11f · Fees: investment management

  total $14,857 · management and general $14,857

• 11g · Fees: other

  total $560,597 · program services $235,251 · management and general $164,943 · fundraising $160,403

• 12 · Advertising and promotion

  total $727,294 · program services $700,412 · fundraising $26,882

• 13 · Office expenses

  total $192,314 · program services $73,256 · management and general $37,420 · fundraising $81,638

• 14 · Information technology

  total $77,392 · program services $9,383 · management and general $68,009

• 16 · Occupancy

  total $199,250 · program services $114,272 · management and general $32,882 · fundraising $52,096

• 17 · Travel

  total $134,887 · program services $58,136 · management and general $1,540 · fundraising $75,211

• 19 · Conferences, conventions and meetings

  total $273,478 · program services $260,906 · fundraising $12,572

• 22 · Depreciation, depletion and amortization

  total $3,042 · management and general $3,042

• 23 · Insurance

  total $26,714 · program services $4,403 · management and general $20,304 · fundraising $2,007

• 24a · Other expenses: RESEARCH LAB EXPENSES

  total $659,485 · program services $659,485

• 24b · Other expenses: GIFT PROCESSING FEES

  total $147,164 · fundraising $147,164

• 24c · Other expenses: MISCELLANEOUS

  total $55,127 · program services $28,733 · management and general $9,700 · fundraising $16,694

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,778,505 · end of year $1,219,384

• 2 · Savings and temporary cash investments

  beginning of year $7,254,987 · end of year $3,993,426

• 3 · Pledges and grants receivable

  beginning of year $1,877,735 · end of year $3,783,152

• 9 · Prepaid expenses and deferred charges

  beginning of year $218,532 · end of year $239,429

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

  $54,458

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

  $54,458

• 10c · Land, buildings and equipment, net

  beginning of year $3,042 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $17,733,326 · end of year $24,112,740

• 15 · Other assets

  beginning of year $326,657 · end of year $140,148

• 17 · Accounts payable and accrued expenses

  beginning of year $129,949 · end of year $316,299

• 18 · Grants payable

  beginning of year $763,585 · end of year $718,427

• 25 · Other liabilities

  beginning of year $840,640 · end of year $692,598

• 27 · Net assets without donor restrictions

  beginning of year $26,297,281 · end of year $27,791,118

• 28 · Net assets with donor restrictions

  beginning of year $2,161,329 · end of year $3,969,837

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

AN EXECUTIVE SEARCH FIRM WAS HIRED TO RECRUIT THE NEW CEO. THEY ALSO PROVIDED AN INDEPENDENT COMPENSATION CONSULTATION. WHEN THE NEW CEO CAME ON BOARD A WRITTEN EMPLOYMENT CONTRACT WAS CREATED.