Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TRAINING AND CERTIFICATION

  total $25,172,782 · related or exempt $25,172,782

• 2b · Program service revenue: EVENTS

  total $22,195,577 · related or exempt $22,195,577

• 2c · Program service revenue: MEMBERSHIP DUES

  total $14,311,894 · related or exempt $14,311,894

• 2d · Program service revenue: ADVERTISING AND PUBLICATIONS

  total $2,058,874 · related or exempt $941,147 · unrelated business $1,117,727

• 3 · Investment income

  total $2,138,291 · excluded $2,138,291

• 7a · Gross sales of assets other than inventory

  securities $62,215,733

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

  securities $57,032,856

• 7c · Gain or loss

  securities $5,182,877

• 7d · Net gain or loss

  total $5,182,877 · excluded $5,182,877

• 11a · Other revenue: OTHER INCOME

  total $267,210 · related or exempt $267,210

• 11e · Other revenue, total

  $267,210

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,478,189

• 7 · Other salaries and wages

  total $27,564,451

• 8 · Pension plan contributions

  total $1,153,299

• 9 · Other employee benefits

  total $3,788,065

• 10 · Payroll taxes

  total $1,702,223

• 11b · Fees: legal

  total $144,096

• 11c · Fees: accounting

  total $105,374

• 11f · Fees: investment management

  total $67,051

• 12 · Advertising and promotion

  total $3,980,010

• 13 · Office expenses

  total $84,516

• 14 · Information technology

  total $4,335,977

• 16 · Occupancy

  total $726,094

• 17 · Travel

  total $144,749

• 19 · Conferences, conventions and meetings

  total $9,137,321

• 22 · Depreciation, depletion and amortization

  total $329,001

• 23 · Insurance

  total $133,844

• 24a · Other expenses: CERTIFICATION EXPENSES

  total $3,161,471

• 24b · Other expenses: FOREIGN EXCHANGE LOSS

  total $613,892

• 24c · Other expenses: RESEARCH

  total $397,087

• 24d · Other expenses: MEMBERSHIP SUPPORT

  total $355,676

• 24e · All other expenses

  total $715,872

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,515,141 · end of year $10,507,564

• 2 · Savings and temporary cash investments

  beginning of year $922,946 · end of year $3,826,620

• 4 · Accounts receivable

  beginning of year $10,261,581 · end of year $8,581,866

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,849,037 · end of year $1,933,036

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

  $3,900,185

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

  $2,087,988

• 10c · Land, buildings and equipment, net

  beginning of year $2,014,910 · end of year $1,812,197

• 11 · Investments: publicly traded securities

  beginning of year $85,110,517 · end of year $95,717,810

• 14 · Intangible assets

  beginning of year $23,611 · end of year $707,288

• 15 · Other assets

  beginning of year $3,952,984 · end of year $3,563,954

• 17 · Accounts payable and accrued expenses

  beginning of year $3,094,119 · end of year $4,097,254

• 19 · Deferred revenue

  beginning of year $22,887,406 · end of year $23,138,146

• 25 · Other liabilities

  beginning of year $5,244,732 · end of year $4,687,019

• 27 · Net assets without donor restrictions

  beginning of year $81,424,470 · end of year $94,727,916

The filer's explanations (Part III)

PART I, LINE 4B

ANDREW BEAL, CAITLIN FENNESSY, AMY SHERWOOD, CATHLEEN SCERBO, JOHN DRAKE AND RITA HEIMES PARTICIPATED IN A 457(F) PLAN ESTABLISHED BY THE INTERNATIONAL ASSOCIATION OF PRIVACY PROFESSIONALS. NET CONTRIBUTIONS OF $19,951 WERE CONTRIBUTED TO ANDREW BEAL, $54,122 WERE CONTRIBUTED TO AMY SHERWOOD, $46,693 WERE CONTRIBUTED TO CATHLEEN SCERBO, $50,938 WERE CONTRIBUTED TO CAITLIN FENNESSY, $40,326 WERE CONTRIBUTED TO JOHN DRAKE AND $40,326 WERE CONTRIBUTED TO RITA HEIMES. NET DISTRIBUTIONS OF $53,945 WERE DISTRIBUTED TO ANDREW BEAL, $58,536 WERE DISTRIBUTED TO AMY SHERWOOD, $50,501 WERE DISTRIBUTED TO CATHLEEN SCERBO, $55,092 WERE DISTRIBUTED TO CAITLIN FENNESSY, $43,615 WERE DISTRIBUTED TO JOHN DRAKE, AND $43,615 WERE DISTRIBUTED TO RITA HEIMES.