Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,416,114

• 3 · Investment income

  total $634,507 · excluded $634,507

• 7a · Gross sales of assets other than inventory

  securities $303,886

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

  securities $229,151

• 7c · Gain or loss

  securities $74,735

• 7d · Net gain or loss

  total $74,735 · excluded $74,735

• 11a · Other revenue: SPONSORSHIP INCOME

  total $298,182 · related or exempt $298,182

• 11e · Other revenue, total

  $298,182

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,237,291 · program services $1,237,291

• 2 · Grants to domestic individuals

  total $1,198,203 · program services $1,198,203

• 7 · Other salaries and wages

  total $217,670 · program services $88,355 · management and general $96,308 · fundraising $33,007

• 11c · Fees: accounting

  total $18,608 · management and general $18,608

• 11f · Fees: investment management

  total $25,504 · management and general $25,504

• 13 · Office expenses

  total $831 · management and general $831

• 19 · Conferences, conventions and meetings

  total $37,913 · management and general $37,913

• 23 · Insurance

  total $3,892 · management and general $3,892

• 24a · Other expenses: PURCHASED SERVICES

  total $1,845 · management and general $1,845

• 24e · All other expenses

  total $31,574 · management and general $5,545 · fundraising $26,029

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,983,110 · end of year $10,061,453

• 3 · Pledges and grants receivable

  beginning of year $5,938,909 · end of year $3,200,284

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

  $25,531

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

  $25,531

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $22,723,901 · end of year $24,609,258

• 19 · Deferred revenue

  beginning of year $1,313,635 · end of year $1,295,453

• 25 · Other liabilities

  beginning of year $350,569 · end of year $173,155

• 27 · Net assets without donor restrictions

  beginning of year $4,714,433 · end of year $4,413,914

• 28 · Net assets with donor restrictions

  beginning of year $30,267,283 · end of year $31,988,473

The filer's explanations (Part III)

PART I, LINE 3

CEO/EXECUTIVE DIRECTOR IS PAID BY CCAC AND COMPENSATION IS SUBJECT TO THE SALARY GRADES AND PAY LEVELS IN PLACE FOR COLLEGE EMPLOYEES.