Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $611,608

• 1f · All other contributions, gifts and grants

  $200,482

• 1g · Noncash contributions included above

  $22,000

• 2a · Program service revenue: DENTAL PROGRAM

  total $1,474,195 · related or exempt $1,474,195

• 2b · Program service revenue: CHILD CARE

  total $652,010 · related or exempt $652,010

• 2c · Program service revenue: FACILITY RENTAL

  total $42,000 · related or exempt $42,000

• 3 · Investment income

  total $1,224,422 · excluded $1,224,422

• 7a · Gross sales of assets other than inventory

  securities $10,445,122

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

  securities $9,387,774 · other assets $3,700

• 7c · Gain or loss

  securities $1,057,348 · other assets -$3,700

• 7d · Net gain or loss

  total $1,053,648 · related or exempt $1,053,648

• 8a · Fundraising events: gross income

  $24,574

• 8b · Fundraising events: direct expenses

  $3,007

• 8c · Net income from fundraising events

  total $21,567

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $287,474 · program services $231,080 · management and general $56,394

• 7 · Other salaries and wages

  total $1,652,473 · program services $1,433,575 · management and general $218,898

• 9 · Other employee benefits

  total $88,786 · program services $87,851 · management and general $935

• 10 · Payroll taxes

  total $154,089 · program services $134,433 · management and general $19,656

• 11c · Fees: accounting

  total $9,000 · management and general $9,000

• 11f · Fees: investment management

  total $232,547 · management and general $232,547

• 13 · Office expenses

  total $32,926 · program services $15,484 · management and general $17,442

• 17 · Travel

  total $14,162 · program services $13,359 · management and general $803

• 22 · Depreciation, depletion and amortization

  total $220,955 · program services $198,859 · management and general $22,096

• 23 · Insurance

  total $45,333 · program services $11,873 · management and general $33,460

• 24a · Other expenses: PROGRAM EXPENSES

  total $132,342 · program services $119,806 · management and general $12,536

• 24b · Other expenses: SERVICE CONTRACTS

  total $102,168 · program services $91,951 · management and general $10,217

• 24c · Other expenses: OTHER PROFESSIONAL SERVIC

  total $94,504 · program services $64,426 · management and general $30,078

• 24d · Other expenses: COMPUTER AND WEBSITE

  total $67,969 · program services $61,172 · management and general $6,797

• 24e · All other expenses

  total $249,423 · program services $233,098 · management and general $16,325

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $114,654 · end of year $111,522

• 4 · Accounts receivable

  beginning of year $67,409 · end of year $236,099

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

  $8,469,200

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

  $2,972,227

• 10c · Land, buildings and equipment, net

  beginning of year $5,478,598 · end of year $5,496,973

• 11 · Investments: publicly traded securities

  beginning of year $41,389,822 · end of year $45,343,105

• 15 · Other assets

  beginning of year $1,171,471 · end of year $1,252,710

• 17 · Accounts payable and accrued expenses

  beginning of year $76,800 · end of year $11,386

• 19 · Deferred revenue

  end of year $12,500

• 25 · Other liabilities

  beginning of year $1,135 · end of year $32,661

• 27 · Net assets without donor restrictions

  beginning of year $46,554,521 · end of year $50,696,958

• 28 · Net assets with donor restrictions

  beginning of year $1,589,498 · end of year $1,686,904

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 5A

DR. KARANKI RECEIVES AN ANNUAL BONUS BASED ON 20% OF DENTAL REVENUE OVER A BASE AMOUNT.