Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $761,500

• 1f · All other contributions, gifts and grants

  $10,128

• 1g · Noncash contributions included above

  $6,128

• 3 · Investment income

  total $49,944 · excluded $49,944

• 7a · Gross sales of assets other than inventory

  securities $770,103

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

  securities $744,356

• 7c · Gain or loss

  securities $25,747

• 7d · Net gain or loss

  total $25,747 · excluded $25,747

• 8a · Fundraising events: gross income

  $0

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

  $761,500

• 8b · Fundraising events: direct expenses

  $106,549

• 8c · Net income from fundraising events

  total -$106,549 · excluded -$106,549

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $242,500 · program services $242,500

• 5 · Compensation of officers, directors and key employees

  total $244,000 · program services $97,600 · management and general $48,800 · fundraising $97,600

• 7 · Other salaries and wages

  total $8,750 · program services $3,500 · management and general $1,750 · fundraising $3,500

• 11b · Fees: legal

  total $4,406 · management and general $4,406

• 11c · Fees: accounting

  total $12,290 · management and general $12,290

• 11f · Fees: investment management

  total $25,355 · management and general $25,355

• 11g · Fees: other

  total $6,070 · management and general $6,070

• 13 · Office expenses

  total $12,890 · management and general $12,890

• 16 · Occupancy

  total $6,128 · management and general $6,128

• 19 · Conferences, conventions and meetings

  total $46,215 · program services $46,022 · management and general $193

• 23 · Insurance

  total $4,547 · management and general $4,547

• 24a · Other expenses: Printing and design

  total $9,068 · program services $8,162 · management and general $906

• 24b · Other expenses: Education

  total $3,979 · program services $3,979

• 24c · Other expenses: Payroll service

  total $1,513 · program services $605 · management and general $303 · fundraising $605

• 24d · Other expenses: Public Outreach

  total $1,440 · program services $1,440

• 24e · All other expenses

  total $1,276 · management and general $1,276

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $380,888 · end of year $463,971

• 9 · Prepaid expenses and deferred charges

  beginning of year $26,976 · end of year $28,900

• 11 · Investments: publicly traded securities

  beginning of year $1,938,360 · end of year $2,131,369

• 27 · Net assets without donor restrictions

  beginning of year $2,346,224 · end of year $2,624,240

The filer's explanations (Part III)

Part I, Line 3

BHF's executive committee annually reviews the President's compensation.