Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $300,000

• 2a · Program service revenue: PUBLICATION

  total $3,363 · related or exempt $3,363

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $108,293 · excluded $108,293

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $219,775

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

  securities $111,750

• 7c · Gain or loss

  securities $108,025 · other assets $0

• 7d · Net gain or loss

  total $108,025 · excluded $108,025

• 8c · Net income from fundraising events

  total $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 11c · Fees: accounting

  total $12,095 · management and general $12,095

• 11f · Fees: investment management

  total $4,151 · management and general $4,151

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 19 · Conferences, conventions and meetings

  total $4,908 · program services $4,908

• 20 · Interest

  total $3,182 · management and general $3,182

• 24a · Other expenses: SPECIAL PROJECT

  total $284,633 · program services $284,633

• 24b · Other expenses: PUBLICATION RELATED EXPENSE

  total $2,179 · program services $2,179

• 24c · Other expenses: MISCELLANEOUS

  total -$15 · management and general -$15

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $601,364 · end of year $587,586

• 4 · Accounts receivable

  beginning of year $312,307 · end of year $292,816

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $15,007 · end of year $13,408

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,897 · end of year $1,914

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $2,279,273 · end of year $2,581,391

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $69,412 · end of year $37,500

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $2,406,020 · end of year $2,681,442

• 28 · Net assets with donor restrictions

  beginning of year $734,416 · end of year $758,173

The filer's explanations (Part III)

Schedule J, Part II, Column (C)

OTHER COMPENSATION AND SCHEDULE J, COLUMN (C) - RETIREMENT AND OTHER DEFERRED COMPENSATION ASHA SPONSORS A DEFINED BENEFIT RETIREMENT PLAN COVERING MOST EMPLOYEES WHO WERE HIRED BEFORE JANUARY 1, 2003. FOR ALL OTHER ELIGIBLE EMPLOYEES WHO WERE HIRED ON OR AFTER THAT DATE, THEY PARTICIPATE IN A DEFINED CONTRIBUTION PLAN AND CASH-BALANCE FEATURE WITHIN THE DEFINED BENEFIT PLAN. FOR THOSE HIRED ON OR AFTER JANUARY 1, 2003, THE VALUE REPORTED REPRESENTS THE ACTUAL EMPLOYER CONTRIBUTIONS MADE ON BEHALF OF EACH REPORTED PARTICIPANTS IN THE YEAR OF REPORTING. FOR DEFINED BENEFIT PLAN PARTICIPANTS, THE ANNUAL INCREASE IN ACTUARIAL VALUE IS BASED ON THE ACCRUED BENEFIT AND THE ACTUARIAL FACTOR. THE ACCRUED BENEFIT EARNED UNDER THE DEFINED BENEFIT PLAN IS BASED ON A FORMULA INCORPORATING AVERAGE COMPENSATION AND YEARS OF SERVICE FOR EACH PARTICIPANT. THE ACTUARIAL PRESENT VALUE FACTOR IS BASED ON THE ASSUMED DISCOUNT RATE, MORTALITY TABLE AND INCORPORATES THE ACTUAL AGE OF EACH PARTICIPANT. ASHA'S DEFINED BENEFIT PLAN DOES NOT ALLOW FOR A LUMP SUM PAYMENT OPTION. THUS, THE ACTUARIAL PRESENT VALUES REPORTED REPRESENT THE INCREASE IN THE PRESENT VALUE OF ACCRUED BENEFITS PAYABLE OVER THE LIFETIME OF THE PARTICIPANT AND NOT AN INCREASE IN AN ACTUAL CASH PAYOUT.