Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $468,504

• 1e · Government grants (contributions)

  $8,006,098

• 1f · All other contributions, gifts and grants

  $25,984,871

• 2a · Program service revenue: PROGRAM SERVICE FEES

  total $175,421 · related or exempt $175,421

• 2b · Program service revenue: EVENT TICKET REVENUE

  total $86,200 · related or exempt $86,200

• 3 · Investment income

  total $2,079,696 · excluded $2,079,696

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

  securities $1,058,690

• 7c · Gain or loss

  securities -$1,058,690

• 7d · Net gain or loss

  total -$1,058,690 · excluded -$1,058,690

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,118,013 · program services $4,118,013

• 3 · Grants to foreign organizations and individuals

  total $780,000 · program services $780,000

• 5 · Compensation of officers, directors and key employees

  total $1,793,341 · program services $879,433 · management and general $761,824 · fundraising $152,084

• 7 · Other salaries and wages

  total $6,270,574 · program services $4,194,047 · management and general $1,478,386 · fundraising $598,141

• 8 · Pension plan contributions

  total $246,578 · program services $199,294 · management and general $34,397 · fundraising $12,887

• 9 · Other employee benefits

  total $426,924 · program services $323,455 · management and general $79,579 · fundraising $23,890

• 10 · Payroll taxes

  total $594,819 · program services $440,461 · management and general $120,584 · fundraising $33,774

• 11b · Fees: legal

  total $73,000 · management and general $73,000

• 11c · Fees: accounting

  total $116,068 · management and general $116,068

• 11d · Fees: lobbying

  total $2,550 · program services $2,550

• 11f · Fees: investment management

  total $40,590 · management and general $40,590

• 11g · Fees: other

  total $2,600,317 · program services $1,611,397 · management and general $713,469 · fundraising $275,451

• 12 · Advertising and promotion

  total $183,445 · program services $183,445

• 13 · Office expenses

  total $153,089 · program services $45,205 · management and general $107,774 · fundraising $110

• 14 · Information technology

  total $337,381 · program services $70,127 · management and general $264,840 · fundraising $2,414

• 16 · Occupancy

  total $326,078 · program services $178,313 · management and general $133,869 · fundraising $13,896

• 17 · Travel

  total $126,711 · program services $7,557 · management and general $91,945 · fundraising $27,209

• 19 · Conferences, conventions and meetings

  total $77,000 · program services $20,891 · management and general $56,109

• 22 · Depreciation, depletion and amortization

  total $50,368 · program services $27,543 · management and general $20,679 · fundraising $2,146

• 23 · Insurance

  total $17,367 · management and general $17,367

• 24a · Other expenses: PROGRAM EVENT

  total $1,580,041 · program services $1,577,152 · management and general $0 · fundraising $2,889

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $32,957 · program services $25,740 · management and general $7,217

• 24c · Other expenses: PRINTING, PUBLICATION,

  total $30,695 · program services $21,173 · management and general $9,522 · fundraising $0

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $943 · program services $0 · management and general $943 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $410,165 · end of year $539,672

• 2 · Savings and temporary cash investments

  beginning of year $20,396,995 · end of year $17,638,359

• 4 · Accounts receivable

  beginning of year $2,106,091 · end of year $3,098,892

• 7 · Other notes and loans receivable

  beginning of year $1,537,117 · end of year $2,900,217

• 9 · Prepaid expenses and deferred charges

  beginning of year $184,806 · end of year $239,259

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

  $353,317

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

  $189,111

• 10c · Land, buildings and equipment, net

  beginning of year $214,574 · end of year $164,206

• 13 · Investments: program-related

  beginning of year $6,724,325 · end of year $22,476,308

• 15 · Other assets

  beginning of year $491,197 · end of year $375,621

• 17 · Accounts payable and accrued expenses

  beginning of year $961,665 · end of year $897,202

• 18 · Grants payable

  beginning of year $308,800

• 25 · Other liabilities

  beginning of year $510,771 · end of year $406,197

• 27 · Net assets without donor restrictions

  beginning of year $23,157,471 · end of year $40,463,148

• 28 · Net assets with donor restrictions

  beginning of year $7,126,563 · end of year $5,665,987

The filer's explanations (Part III)

PART I, LINE 1A

FIRST-CLASS TRAVEL - PER TRAVEL POLICY EMPLOYEES. "EEX WILL REIMBURSE EMPLOYEES FOR REASONABLE UPGRADE EXPENSES IN THE FOLLOWING SITUATIONS: -FLIGHTS TIMES OF 4 + HOURS - PURCHASE PREMIUM COACH SEATING. -FLIGHT TIMES OF 6+ HOURS - UPGRADE TO BUSINESS CLASS. ONLY IF BUSINESS CLASS IS NOT AVAILABLE CAN TRAVELERS BOOK FIRST CLASS. -OVERNIGHT OR 'RED-EYE' FLIGHTS THAT ARE REQUIRED BY THE BUSINESS PURPOSE/SCHEDULE OF THE TRIP - UPGRADE TO BUSINESS CLASS. ONLY IF BUSINESS CLASS IS NOT AVAILABLE CAN TRAVELERS BOOK FIRST CLASS."

PART I, LINE 7

BONUSES ARE AWARDED AS AN INCENTIVE TO RECRUITING, RETENTION AND PERFORMANCE ON SHARED OBJECTIVES AND KEY RESULTS (OKR) PRIORITIES THAT DRIVE ORGANIZATIONAL STRATEGIC GOALS. A REVIEW OF FINANCIAL RESULTS AND FOR THE CURRENT AND PREVIOUS YEARS ARE ANALYZED AND A PORTION IS ALLOCATED FOR BONUSES. THE BONUSES ARE AWARDED TO EMPLOYEES USING POSITION LEVEL FORMULAS. EXECUTIVE LEADERSHIP CAN AWARD DISCRETIONARY AWARDS TO RECOGNIZE EXCEPTIONAL INDIVIDUAL CONTRIBUTIONS TO ORGANIZATIONAL SUCCESS. ANNUAL BONUS RECOMMENDATIONS ARE PREPARED BY THE MANAGING DIRECTOR OF FINANCE USING THE POSITION LEVEL FORMULAS. ALL BONUSES ARE APPROVED BY THE CEO.