Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: IN - HOME CARE

  total $576,991 · related or exempt $576,991

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $284,507 · program services $284,507

• 10 · Payroll taxes

  total $24,869 · program services $24,869

• 11b · Fees: legal

  total $2,675 · management and general $2,675

• 11c · Fees: accounting

  total $3,384 · management and general $3,384

• 11g · Fees: other

  total $31,691 · program services $295 · management and general $31,396

• 12 · Advertising and promotion

  total $162 · management and general $162

• 13 · Office expenses

  total $1,856 · management and general $1,856

• 14 · Information technology

  total $4,704 · management and general $4,704

• 15 · Royalties

  total $54,267 · program services $54,267

• 16 · Occupancy

  total $8,696 · management and general $8,696

• 17 · Travel

  total $3,925 · management and general $3,925

• 20 · Interest

  total $19,901 · program services $17,911 · management and general $1,990

• 22 · Depreciation, depletion and amortization

  total $1,943 · program services $1,749 · management and general $194

• 23 · Insurance

  total $6,938 · management and general $6,938

• 24a · Other expenses: REIMBURSED SALARY EXPEN

  total $140,214 · management and general $140,214

• 24b · Other expenses: CORPORATE OVERHEAD

  total $24,000 · management and general $24,000

• 24c · Other expenses: PROVIDER TAX

  total $17,101 · management and general $17,101

• 24d · Other expenses: EDUCATION

  total $7,512 · program services $7,512

• 24e · All other expenses

  total $10,681 · program services $9,274 · management and general $1,407

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $110,851 · end of year $106,634

• 4 · Accounts receivable

  beginning of year $57,194 · end of year $26,500

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

  $36,474

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

  $29,952

• 10c · Land, buildings and equipment, net

  beginning of year $8,465 · end of year $6,522

• 14 · Intangible assets

  beginning of year $435,938 · end of year $435,938

• 17 · Accounts payable and accrued expenses

  beginning of year $10,431 · end of year $404,522

• 25 · Other liabilities

  beginning of year $1,056,211 · end of year $697,301

• 27 · Net assets without donor restrictions

  beginning of year -$454,194 · end of year -$526,229

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION, MASONIC HOMES OF KENTUCKY, USES ALL OF THE ITEMS LISTED TO ESTABLISH COMPENSATION OF THE CEO.