Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $272,263,147

• 3 · Investment income

  total $18,892 · excluded $18,892

• 6a · Gross rents

  real property $294,477

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $294,477

• 6d · Net rental income or loss

  total $294,477 · unrelated business $294,477

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

  other assets $15,900

• 7c · Gain or loss

  other assets -$15,900

• 7d · Net gain or loss

  total -$15,900 · excluded -$15,900

• 8a · Fundraising events: gross income

  $182,611

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $182,611 · excluded $182,611

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $866 · related or exempt $866

• 11b · Other revenue: PARTNERSHIP INCOME

  total -$2,416 · related or exempt -$2,416

• 11e · Other revenue, total

  -$1,550

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $241,446,612 · program services $241,446,612

• 7 · Other salaries and wages

  total $17,981,721 · program services $16,229,168 · management and general $1,752,553

• 8 · Pension plan contributions

  total $525,819 · program services $474,571 · management and general $51,248

• 9 · Other employee benefits

  total $3,473,588 · program services $3,135,042 · management and general $338,546

• 10 · Payroll taxes

  total $1,516,898 · program services $1,369,057 · management and general $147,841

• 11a · Fees: management

  total $1,623,821 · program services $1,623,821

• 11b · Fees: legal

  total $24,300 · management and general $24,300

• 11c · Fees: accounting

  total $70,000 · management and general $70,000

• 11g · Fees: other

  total $938,956 · program services $870,820 · management and general $68,136

• 13 · Office expenses

  total $193,403 · program services $156,822 · management and general $36,581

• 16 · Occupancy

  total $2,478,170 · program services $2,338,307 · management and general $139,863

• 17 · Travel

  total $307,776 · program services $262,350 · management and general $45,426

• 19 · Conferences, conventions and meetings

  total $41,324 · program services $17,956 · management and general $23,368

• 22 · Depreciation, depletion and amortization

  total $282,795 · program services $268,255 · management and general $14,540

• 24a · Other expenses: EQUIPMENT

  total $648,800 · program services $370,932 · management and general $277,868

• 24b · Other expenses: STAFF-RELATED EXPENSES

  total $566,420 · program services $448,476 · management and general $117,944

• 24c · Other expenses: OTHER EXPENSES

  total $257,379 · program services $234,105 · management and general $23,274

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $81,685 · program services $78,005 · management and general $3,680

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $13,512,323 · end of year $22,162,602

• 2 · Savings and temporary cash investments

  beginning of year $661,547 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $24,823,877 · end of year $0

• 4 · Accounts receivable

  beginning of year $596,570 · end of year $17,583,372

• 9 · Prepaid expenses and deferred charges

  beginning of year $647,202 · end of year $472,634

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

  $8,666,095

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

  $933,124

• 10c · Land, buildings and equipment, net

  beginning of year $7,974,786 · end of year $7,732,971

• 12 · Investments: other securities

  beginning of year $153,416 · end of year $456,335

• 14 · Intangible assets

  beginning of year $21,212 · end of year $0

• 15 · Other assets

  beginning of year $0 · end of year $44,426

• 17 · Accounts payable and accrued expenses

  beginning of year $25,471,422 · end of year $28,209,546

• 18 · Grants payable

  beginning of year $2,005,391 · end of year $0

• 19 · Deferred revenue

  beginning of year $12,510,167 · end of year $11,576,648

• 21 · Escrow or custodial account liability

  beginning of year $609,605 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $6,278,465 · end of year $6,118,512

• 25 · Other liabilities

  beginning of year $129,626 · end of year $888,288

• 27 · Net assets without donor restrictions

  beginning of year $1,386,257 · end of year $1,659,346

The filer's explanations (Part III)

PART I, LINE 3

THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, AND CHIEF OPERATIONS OFFICER RECEIVE COMPENSATION FROM NWF PARTNERSHIP FOR BETTER COMMUNITIES, INC, A RELATED ORGANIZATION. COMPENSATION FOR THESE INDIVIDUALS IS APPROVED BY THE BOARD AND COMPENSATION COMMITTEE.