Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $55,125

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,150,687 · related or exempt $2,150,687

• 2b · Program service revenue: ANNUAL CONVENTION

  total $1,006,390 · excluded $1,006,390

• 2c · Program service revenue: CONSTRUCTION CONFERENC

  total $664,750 · related or exempt $664,750

• 2d · Program service revenue: FTBA EMERGING LEADERSH

  total $61,000 · related or exempt $61,000

• 2e · Program service revenue: MAGAZINE

  total $60,861 · unrelated business $60,861

• 2f · All other program service revenue

  total $4,930 · related or exempt $3,750 · unrelated business $1,180

• 3 · Investment income

  total $10,739 · excluded $10,739

• 6a · Gross rents

  real property $19,896

• 6b · Less rental expenses

  real property $34,878

• 6c · Rental income or loss

  real property -$14,982

• 6d · Net rental income or loss

  total -$14,982 · related or exempt -$14,982

• 8a · Fundraising events: gross income

  $139,406

• 8b · Fundraising events: direct expenses

  $226,084

• 8c · Net income from fundraising events

  total -$86,678 · excluded -$86,678

• 11a · Other revenue: MISCELLANEOUS

  total $57 · related or exempt $57

• 11e · Other revenue, total

  $57

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $165,207

• 5 · Compensation of officers, directors and key employees

  total $566,873

• 7 · Other salaries and wages

  total $256,000

• 8 · Pension plan contributions

  total $119,833

• 9 · Other employee benefits

  total $40,804

• 10 · Payroll taxes

  total $38,622

• 11b · Fees: legal

  total $1,694

• 11c · Fees: accounting

  total $37,015

• 11d · Fees: lobbying

  total $429,243

• 11g · Fees: other

  total $775

• 12 · Advertising and promotion

  total $189,433

• 13 · Office expenses

  total $94,031

• 16 · Occupancy

  total $41,975

• 17 · Travel

  total $80,368

• 19 · Conferences, conventions and meetings

  total $1,361,638

• 22 · Depreciation, depletion and amortization

  total $4,261

• 23 · Insurance

  total $1,491

• 24a · Other expenses: DUES - OTHER

  total $329,198

• 24b · Other expenses: BAD DEBT

  total $17,000

• 24c · Other expenses: MISCELLANEOUS

  total $389

• 24d · Other expenses: MEALS & ENTERTAINMENT

  total $200

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,160,742 · end of year $14,109

• 2 · Savings and temporary cash investments

  beginning of year $508,535 · end of year $1,944,486

• 4 · Accounts receivable

  beginning of year $634,722 · end of year $484,444

• 9 · Prepaid expenses and deferred charges

  beginning of year $271,394 · end of year $217,467

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

  $884,601

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

  $615,967

• 10c · Land, buildings and equipment, net

  beginning of year $281,765 · end of year $268,634

• 17 · Accounts payable and accrued expenses

  beginning of year $135,971 · end of year $171,107

• 19 · Deferred revenue

  beginning of year $1,009,643 · end of year $1,239,250

• 25 · Other liabilities

  beginning of year $6,000 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $1,705,544 · end of year $1,518,783

The filer's explanations (Part III)

PART I, LINE 1A

FTBA PAID FOR ANANTH PRASAD'S GOVERNORS CLUB FEES ($1,610).