Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $19,206

• 1f · All other contributions, gifts and grants

  $245,343

• 1g · Noncash contributions included above

  $500

• 2a · Program service revenue: Management Fees

  total $3,742,207 · related or exempt $3,742,207

• 2b · Program service revenue: Other Related Program Revenues

  total $57,761 · related or exempt $57,761

• 3 · Investment income

  total $288,624 · excluded $288,624

• 6a · Gross rents

  real property $8,169

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $8,169

• 6d · Net rental income or loss

  total $8,169 · excluded $8,169

• 7a · Gross sales of assets other than inventory

  securities $5,942,825

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

  securities $5,510,105

• 7c · Gain or loss

  securities $432,720

• 7d · Net gain or loss

  total $432,720 · excluded $432,720

• 8a · Fundraising events: gross income

  $0

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

  $19,206

• 8b · Fundraising events: direct expenses

  $15,642

• 8c · Net income from fundraising events

  total -$15,642 · excluded -$15,642

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,625 · program services $3,625

• 5 · Compensation of officers, directors and key employees

  total $426,461 · management and general $426,461

• 7 · Other salaries and wages

  total $1,478,920 · program services $1,478,920

• 8 · Pension plan contributions

  total $47,684 · program services $47,684

• 9 · Other employee benefits

  total $201,901 · program services $201,901

• 10 · Payroll taxes

  total $136,146 · program services $136,146

• 11a · Fees: management

  total $285,670 · management and general $285,670

• 11b · Fees: legal

  total $6,601 · management and general $6,601

• 11c · Fees: accounting

  total $81,372 · management and general $81,372

• 11f · Fees: investment management

  total $81,875 · management and general $81,875

• 11g · Fees: other

  total $114,570 · program services $114,570

• 12 · Advertising and promotion

  total $99,956 · program services $99,956

• 13 · Office expenses

  total $119,315 · program services $119,315

• 14 · Information technology

  total $171,485 · program services $171,485

• 16 · Occupancy

  total $223,096 · program services $223,096

• 17 · Travel

  total $56,242 · program services $56,242

• 19 · Conferences, conventions and meetings

  total $20,892 · program services $20,892

• 22 · Depreciation, depletion and amortization

  total $252,661 · program services $252,661

• 23 · Insurance

  total $112,219 · program services $112,219

• 24a · Other expenses: Equipment rental and re

  total $56,681 · program services $56,681

• 24b · Other expenses: Other expenses

  total $49,929 · program services $49,929

• 24c · Other expenses: Program supplies

  total $18,824 · program services $18,824

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $777 · end of year $777

• 2 · Savings and temporary cash investments

  beginning of year $1,621,841 · end of year $401,379

• 4 · Accounts receivable

  beginning of year $583,944 · end of year $583,300

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,744,945 · end of year $2,156,608

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

  $7,886,354

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

  $5,908,616

• 10c · Land, buildings and equipment, net

  beginning of year $2,158,511 · end of year $1,977,738

• 11 · Investments: publicly traded securities

  beginning of year $11,674,983 · end of year $13,406,348

• 14 · Intangible assets

  end of year $208,515

• 17 · Accounts payable and accrued expenses

  beginning of year $208,373 · end of year $227,714

• 19 · Deferred revenue

  beginning of year $9,890 · end of year -$43,457

• 25 · Other liabilities

  beginning of year $6,071,957 · end of year $5,541,310

• 27 · Net assets without donor restrictions

  beginning of year $10,807,083 · end of year $12,348,147

• 28 · Net assets with donor restrictions

  beginning of year $687,698 · end of year $660,951

The filer's explanations (Part III)

Part I, Line 7

During calendar year 2022, the organization paid Sareen Sarna, Director - Program Growth received a $8,000 bonus, and Maura McQueeney, President & CEO received $31,500 bonus.