Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,455,805

• 1f · All other contributions, gifts and grants

  $43,913

• 2a · Program service revenue: CLIENT SHARE/CONSULTIN

  total $386,477 · related or exempt $386,477

• 2b · Program service revenue: PROFESSIONAL FEES

  total $201,588 · related or exempt $201,588

• 2c · Program service revenue: SEMINAR FEES

  total $78,167 · related or exempt $78,167

• 3 · Investment income

  total $91,737 · excluded $91,737

• 11a · Other revenue: MISCELLANEOUS

  total $4 · excluded $4

• 11e · Other revenue, total

  $4

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,750 · program services $5,750

• 5 · Compensation of officers, directors and key employees

  total $469,958 · program services $375,966 · management and general $93,992

• 7 · Other salaries and wages

  total $610,705 · program services $499,848 · management and general $110,857

• 9 · Other employee benefits

  total $266,270 · program services $216,997 · management and general $49,273

• 10 · Payroll taxes

  total $71,848 · program services $58,216 · management and general $13,632

• 11g · Fees: other

  total $468,219 · program services $437,079 · management and general $31,140

• 12 · Advertising and promotion

  total $48,833 · program services $48,833

• 16 · Occupancy

  total $43,290 · program services $34,632 · management and general $8,658

• 17 · Travel

  total $58,357 · program services $46,686 · management and general $11,671

• 19 · Conferences, conventions and meetings

  total $60,103 · program services $58,945 · management and general $1,158

• 20 · Interest

  total $1,108 · management and general $1,108

• 22 · Depreciation, depletion and amortization

  total $21,001 · management and general $21,001

• 23 · Insurance

  total $45,797 · program services $36,638 · management and general $9,159

• 24a · Other expenses: OFFICE EQUIPMENT AND SU

  total $23,100 · program services $19,085 · management and general $4,015

• 24b · Other expenses: INITIATIVES/IRC

  total $21,519 · program services $21,519

• 24c · Other expenses: OTHER

  total $4,250 · management and general $4,250

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $86,266 · end of year $78,003

• 2 · Savings and temporary cash investments

  beginning of year $297,036 · end of year $134,516

• 3 · Pledges and grants receivable

  beginning of year $338,751 · end of year $254,742

• 4 · Accounts receivable

  beginning of year $28,886 · end of year $54,834

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,332 · end of year $20,005

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

  $50,071

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

  $39,578

• 10c · Land, buildings and equipment, net

  beginning of year $11,203 · end of year $10,493

• 11 · Investments: publicly traded securities

  beginning of year $2,588,200 · end of year $2,987,166

• 15 · Other assets

  beginning of year $0 · end of year $37,198

• 17 · Accounts payable and accrued expenses

  beginning of year $42,654 · end of year $190,924

• 19 · Deferred revenue

  beginning of year $42,746 · end of year $26,288

• 25 · Other liabilities

  beginning of year $153,670 · end of year $88,570

• 27 · Net assets without donor restrictions

  beginning of year $3,119,604 · end of year $3,271,175

The filer's explanations (Part III)

PART I, LINE 3

NORTHWEST PA INDUSTRIAL RESOURCE CENTER, INC. HAD A SURVEY COMPLETED BY A COMPENSATION CONSULTANT. THE BOARD THEN CALCULATED COMPENSATION RANGES FOR EACH POSITION. THE EXECUTIVE DIRECTOR, PRESIDENT, AND CEO ARE NOT INCLUDED IN THESE MEETINGS. THE BOARD APPROVED THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, PRESIDENT, AND CEO. EMPLOYMENT CONTRACTS ARE WRITTEN AND SIGNED BY EACH EMPLOYEE BASED ON THE INFORMATION ABOVE.