Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $56,679

• 1f · All other contributions, gifts and grants

  $2,287,487

• 1g · Noncash contributions included above

  $44,745

• 3 · Investment income

  total $305,621 · excluded $305,621

• 7a · Gross sales of assets other than inventory

  securities $334,200

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

  securities $368,028

• 7c · Gain or loss

  securities -$33,828

• 7d · Net gain or loss

  total -$33,828 · excluded -$33,828

• 8a · Fundraising events: gross income

  $49,636

• 8a · Fundraising events: contributions included on line 1c

  $56,679

• 8b · Fundraising events: direct expenses

  $49,636

• 8c · Net income from fundraising events

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $527,968 · program services $527,968

• 3 · Grants to foreign organizations and individuals

  total $98,810 · program services $98,810

• 5 · Compensation of officers, directors and key employees

  total $240,468 · program services $91,378 · management and general $36,070 · fundraising $113,020

• 7 · Other salaries and wages

  total $86,839 · program services $28,868 · management and general $20,951 · fundraising $37,020

• 8 · Pension plan contributions

  total $2,102 · program services $682 · management and general $540 · fundraising $880

• 9 · Other employee benefits

  total $8,614 · program services $3,132 · management and general $1,563 · fundraising $3,919

• 10 · Payroll taxes

  total $22,182 · program services $8,141 · management and general $3,880 · fundraising $10,161

• 11c · Fees: accounting

  total $16,150 · management and general $16,150

• 11f · Fees: investment management

  total $7,755 · management and general $7,755

• 11g · Fees: other

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

• 12 · Advertising and promotion

  total $7,165 · fundraising $7,165

• 13 · Office expenses

  total $1,203 · management and general $1,203

• 17 · Travel

  total $18,867 · management and general $18,867

• 21 · Payments to affiliates

  total $1,540,500 · program services $1,540,500

• 23 · Insurance

  total $11,421 · management and general $11,421

• 24a · Other expenses: FILING FEES

  total $5,665 · management and general $5,665

• 24b · Other expenses: CREDIT CARD FEES

  total $1,998 · management and general $1,998

• 24e · All other expenses

  total $10,000 · management and general $10,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $458,721 · end of year $328,270

• 3 · Pledges and grants receivable

  beginning of year $399,000 · end of year $606,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $35,706 · end of year $38,786

• 11 · Investments: publicly traded securities

  beginning of year $5,544,520 · end of year $5,199,614

• 12 · Investments: other securities

  end of year $695,887

• 17 · Accounts payable and accrued expenses

  beginning of year $374,452 · end of year $678,546

• 18 · Grants payable

  beginning of year $123,835 · end of year $193,552

• 19 · Deferred revenue

  beginning of year $240,905 · end of year $159,427

• 27 · Net assets without donor restrictions

  beginning of year $2,368,307 · end of year $2,469,652

• 28 · Net assets with donor restrictions

  beginning of year $3,330,448 · end of year $3,367,380

Itemized on Schedule J with no Part VII listing of the same name on this return:

The filer's explanations (Part III)

PART I, LINE 7

THE AORN INC BOARD APPROVES THE BONUS THAT WILL BE PAID OUT TO AORN INC AND SUBSIDIARIES. THAT APPROVAL DEPENDS ON WHETHER THE AORN ENTERPRISE HAS MET ITS GOALS THAT WERE ESTABLISHED. EACH EMPLOYEE HAS A RANGE PERCENTAGE OF BONUS FOR WHICH THE EMPLOYEE COULD QUALIFY. THE EMPLOYEE'S DIRECT SUPERVISOR, ALONG WITH THE EXECUTIVE TEAM, ESTABLISH AND APPROVE THAT PERCENTAGE RANGE. FOR THE EXECUTIVE DIRECTOR, HER RANGE WAS 6-9 PERCENT, AND 8 PERCENT WAS THE FINAL APPROVED PERCENTAGE. IT WAS APPROVED BY THE CFO AND THE CEO.

SCHEDULE J, PART II

EXECUTIVE DIRECTOR/CEO: THE DIRECTOR OF HUMAN RESOURCES PROVIDES THE BOARD OF DIRECTORS COMPENSATION COMMITTEE WITH A RECOMMENDED COMPENSATION RANGE COMMENSURATE WITH THE ROLE BASED ON COMPENSATION DATA FROM MULTIPLE BENCHMARKING SURVEYS AND STATISTICS FROM ORGANIZATIONS OF SIMILAR SIZE AND REGION. THE COMPENSATION COMMITTEE WILL ANNUALLY RECOMMEND TO THE BOARD OF DIRECTORS THE COMPENSATION AMOUNT FROM WITHIN THE RECOMMENDED RANGE. ANY COMPENSATION CHANGES ARE DOCUMENTED AND PLACED IN THE EXECUTIVE DIRECTOR'S FILE. ALL OTHER OFFICERS AND KEY EMPLOYEES: FOR INITIAL HIRES, THE DIRECTOR OF HUMAN RESOURCES PROVIDES THE EXECUTIVE DIRECTOR WITH A RECOMMENDED COMPENSATION RANGE COMMENSURATE WITH THE ROLE BASED ON COMPENSATION DATA FROM MULTIPLE BENCHMARKING SURVEYS AND STATISTICS FROM ORGANIZATIONS OF SIMILAR SIZE AND REGION. THE EXECUTIVE DIRECTOR, ALONG WITH THE HUMAN RESOURCES DIRECTOR, DETERMINES THE COMPENSATION AMOUNT FROM WITHIN THE RECOMMENDED RANGES.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• AORN SYNTEGRITY INC

  C · INFORMATION SYSTEMS · CO