Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $58,007

• 1f · All other contributions, gifts and grants

  $1,677,004

• 3 · Investment income

  total $337,998 · excluded $337,998

• 7a · Gross sales of assets other than inventory

  securities $8,146,894

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

  securities $7,373,435

• 7c · Gain or loss

  securities $773,459

• 7d · Net gain or loss

  total $773,459 · excluded $773,459

• 8a · Fundraising events: gross income

  $33,868

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

  $58,007

• 8b · Fundraising events: direct expenses

  $33,812

• 8c · Net income from fundraising events

  total $56 · excluded $56

• 11a · Other revenue: MISCELLANEOUS

  total $17,230 · related or exempt $17,230

• 11e · Other revenue, total

  $17,230

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,084,330 · program services $1,084,330

• 7 · Other salaries and wages

  total $151,687 · program services $75,844 · management and general $37,922 · fundraising $37,921

• 9 · Other employee benefits

  total $44,198 · program services $22,099 · management and general $11,050 · fundraising $11,049

• 11c · Fees: accounting

  total $3,251 · program services $1,625 · management and general $813 · fundraising $813

• 11f · Fees: investment management

  total $40,078 · program services $20,039 · management and general $20,039

• 11g · Fees: other

  total $11,000 · program services $5,500 · management and general $2,750 · fundraising $2,750

• 13 · Office expenses

  total $2,753 · program services $1,378 · management and general $686 · fundraising $689

• 14 · Information technology

  total $11,241 · program services $5,621 · management and general $2,810 · fundraising $2,810

• 17 · Travel

  total $46,268 · program services $23,134 · management and general $11,567 · fundraising $11,567

• 24a · Other expenses: DONOR RECOGNITION

  total $18,314 · program services $5,772 · fundraising $12,542

• 24b · Other expenses: FOOD AND BEVERAGE

  total $15,574 · program services $7,787 · management and general $3,894 · fundraising $3,893

• 24c · Other expenses: CREDIT LOSS

  total $7,400 · management and general $7,400

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $4,679 · program services $2,340 · management and general $1,170 · fundraising $1,169

• 24e · All other expenses

  total $8,915 · program services $4,585 · management and general $2,164 · fundraising $2,166

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $67,898 · end of year $211,141

• 3 · Pledges and grants receivable

  beginning of year $515,865 · end of year $489,178

• 4 · Accounts receivable

  beginning of year $55,960 · end of year $64,624

• 9 · Prepaid expenses and deferred charges

  beginning of year $3

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

  $42,853

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

  $42,853

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $11,389,258 · end of year $12,696,348

• 15 · Other assets

  beginning of year $6,999 · end of year $248,412

• 17 · Accounts payable and accrued expenses

  end of year $13,173

• 18 · Grants payable

  beginning of year $1,101,511 · end of year $1,334,147

• 25 · Other liabilities

  beginning of year $126,717 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $10,451,549 · end of year $12,056,838

• 28 · Net assets with donor restrictions

  beginning of year $356,206 · end of year $305,545

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION USES WRITTEN EMPLOYMENT CONTRACTS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR.