Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $15,000

• 1e · Government grants (contributions)

  $53,000

• 1f · All other contributions, gifts and grants

  $637,759

• 2a · Program service revenue: SUMMITS

  total $599,925 · related or exempt $599,925

• 2b · Program service revenue: JOBS BOARDS

  total $63,650 · related or exempt $63,650

• 2c · Program service revenue: CONFERENCES AND EVENTS

  total $45,313 · related or exempt $45,313

• 2d · Program service revenue: PROCESSING FEES

  total $8,392 · related or exempt $8,392

• 3 · Investment income

  total $56,827 · excluded $56,827

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $67,500 · program services $67,500

• 7 · Other salaries and wages

  total $606,705 · program services $485,711 · management and general $45,373 · fundraising $75,621

• 8 · Pension plan contributions

  total $17,506 · program services $14,015 · management and general $1,309 · fundraising $2,182

• 9 · Other employee benefits

  total $69,083 · program services $55,306 · management and general $5,166 · fundraising $8,611

• 10 · Payroll taxes

  total $57,681 · program services $46,178 · management and general $4,314 · fundraising $7,189

• 11c · Fees: accounting

  total $10,800 · program services $10,800

• 11g · Fees: other

  total $28,436 · program services $24,177 · management and general $1,597 · fundraising $2,662

• 13 · Office expenses

  total $4,716 · program services $3,772 · management and general $354 · fundraising $590

• 14 · Information technology

  total $38,798 · program services $31,038 · management and general $2,910 · fundraising $4,850

• 19 · Conferences, conventions and meetings

  total $22,396 · program services $17,917 · management and general $1,679 · fundraising $2,800

• 22 · Depreciation, depletion and amortization

  total $9,989 · program services $7,991 · management and general $749 · fundraising $1,249

• 24a · Other expenses: DIRECT PROGRAM EXPENSES

  total $368,876 · program services $368,876

• 24b · Other expenses: ADMINISTRATION EXPENSES

  total $17,000 · management and general $17,000

• 24c · Other expenses: EMPLOYEE EDUCATION

  total $15,717 · program services $12,573 · management and general $1,179 · fundraising $1,965

• 24d · Other expenses: DUES AND LICENSES

  total $428 · program services $342 · management and general $32 · fundraising $54

• 24e · All other expenses

  total $8,515 · program services $6,812 · management and general $639 · fundraising $1,064

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $651,607 · end of year $787,858

• 2 · Savings and temporary cash investments

  beginning of year $1,014,513 · end of year $767,209

• 9 · Prepaid expenses and deferred charges

  beginning of year $68,859 · end of year $27,624

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

  $35,525

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

  $30,369

• 10c · Land, buildings and equipment, net

  beginning of year $15,146 · end of year $5,156

• 15 · Other assets

  beginning of year $15,000 · end of year $38,056

• 17 · Accounts payable and accrued expenses

  beginning of year $138,529 · end of year $121,686

• 19 · Deferred revenue

  beginning of year $334,054 · end of year $75,955

• 27 · Net assets without donor restrictions

  beginning of year $15,145 · end of year $5,156

• 28 · Net assets with donor restrictions

  beginning of year $1,277,397 · end of year $1,423,106

The filer's explanations (Part III)

PART I, LINE 1A

ANDREW HOAN, PRESIDENT & CEO OF PBA RECEIVED PAID MEMBERSHIP DUES TO MAC. JENNY KIM, NEW ED OF PID, RECEIVED PAID MEMBERSHIP TO ARLINGTON CLUB.

PART I, LINE 1B

BOARD/LEADERSHIP COUNCIL APPROVED OF THESE PAID MEMBERSHIPS ON BEHALF OF STAFF.