Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,194,061

• 2a · Program service revenue: EDUCATIONAL SERVICES

  total $4,597,309 · related or exempt $4,597,309

• 2b · Program service revenue: MEMBERSHIP DUES

  total $2,079,390 · related or exempt $2,079,390

• 2c · Program service revenue: PUBLICATIONS

  total $278,188 · related or exempt $17,250 · unrelated business $260,938

• 3 · Investment income

  total $300,909 · excluded $300,909

• 6a · Gross rents

  real property $24,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $24,000

• 6d · Net rental income or loss

  total $24,000 · excluded $24,000

• 7a · Gross sales of assets other than inventory

  securities $2,738,345

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

  securities $206,631

• 7c · Gain or loss

  securities $2,531,714

• 7d · Net gain or loss

  total $2,531,714 · excluded $2,531,714

• 10a · Gross sales of inventory

  $1,915,309

• 10b · Cost of goods sold

  $940,322

• 10c · Net income from sales of inventory

  total $974,987 · related or exempt $739,551 · unrelated business $235,436

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $3,795 · excluded $3,795

• 11b · Other revenue: REFUND

  total $25 · excluded $25

• 11e · Other revenue, total

  $3,820

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $275,193 · program services $275,193

• 5 · Compensation of officers, directors and key employees

  total $278,079 · management and general $278,079

• 7 · Other salaries and wages

  total $1,655,045 · program services $1,122,122 · management and general $247,362 · fundraising $285,561

• 8 · Pension plan contributions

  total $77,201 · program services $53,087 · management and general $10,007 · fundraising $14,107

• 9 · Other employee benefits

  total $151,269 · program services $99,361 · management and general $25,504 · fundraising $26,404

• 10 · Payroll taxes

  total $143,137 · program services $83,186 · management and general $37,847 · fundraising $22,104

• 11b · Fees: legal

  total $96,859 · management and general $96,859

• 11c · Fees: accounting

  total $231,647 · management and general $231,647

• 11f · Fees: investment management

  total $55,800 · management and general $55,800

• 11g · Fees: other

  total $116,185 · program services $45,160 · management and general $67,913 · fundraising $3,112

• 12 · Advertising and promotion

  total $52,211 · program services $47,507 · management and general $89 · fundraising $4,615

• 13 · Office expenses

  total $736,199 · program services $645,911 · management and general $56,848 · fundraising $33,440

• 14 · Information technology

  total $96,328 · program services $74,450 · management and general $12,107 · fundraising $9,771

• 16 · Occupancy

  total $171,585 · program services $100,172 · management and general $44,434 · fundraising $26,979

• 17 · Travel

  total $322,426 · program services $295,007 · management and general $517 · fundraising $26,902

• 19 · Conferences, conventions and meetings

  total $3,545,565 · program services $3,226,129 · management and general $5,814 · fundraising $313,622

• 22 · Depreciation, depletion and amortization

  total $95,193 · program services $55,326 · management and general $24,807 · fundraising $15,060

• 23 · Insurance

  total $35,715 · program services $15,555 · management and general $18,649 · fundraising $1,511

• 24a · Other expenses: UBIT TAXES

  total $158,384 · program services $124,192 · management and general $21,120 · fundraising $13,072

• 24b · Other expenses: TROPHIES/PLAQUES/MEDALS

  total $117,991 · program services $107,360 · management and general $201 · fundraising $10,430

• 24c · Other expenses: MISCELLANEOUS

  total $13,585 · program services $3,980 · management and general $5,933 · fundraising $3,672

• 24d · Other expenses: REBATES

  total $12,820 · program services $12,820

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,286,108 · end of year $5,423,964

• 2 · Savings and temporary cash investments

  beginning of year $90,075 · end of year $1,354

• 4 · Accounts receivable

  beginning of year $956,711 · end of year $925,123

• 8 · Inventories for sale or use

  beginning of year $583,329 · end of year $432,250

• 9 · Prepaid expenses and deferred charges

  beginning of year $279,799 · end of year $238,443

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

  $2,422,420

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

  $1,847,705

• 10c · Land, buildings and equipment, net

  beginning of year $614,510 · end of year $574,715

• 11 · Investments: publicly traded securities

  beginning of year $5,686,924 · end of year $6,566,535

• 12 · Investments: other securities

  beginning of year $79,389 · end of year $41,656

• 15 · Other assets

  beginning of year $33,119 · end of year $12,370

• 17 · Accounts payable and accrued expenses

  beginning of year $782,478 · end of year $851,456

• 19 · Deferred revenue

  beginning of year $126,358 · end of year $178,031

• 21 · Escrow or custodial account liability

  beginning of year $51,489 · end of year $58,056

• 25 · Other liabilities

  beginning of year $33,509 · end of year $13,150

• 27 · Net assets without donor restrictions

  beginning of year $10,717,540 · end of year $12,226,701

• 28 · Net assets with donor restrictions

  beginning of year $898,590 · end of year $889,016

The filer's explanations (Part III)

PART I, LINE 7

ALL BONUSES AWARDED TO EMPLOYEES WERE BASED ON INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE METRICS. THE FOLLOWING EMPLOYEES RECEIVED BONUSES DURING THE TAX YEAR: 1. FRANK PETERSON - $14,100 2. CHRISTOPHER YOUNG - $6,877 3. CINDY SPINKS-ALLEN - $5,329 4. MICHAEL STUART MOUNT, JR. - $5,329 5. DIANE P. PRUNER - $3,781