Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $445,983

• 1f · All other contributions, gifts and grants

  $5,569,737

• 1g · Noncash contributions included above

  $1,577,630

• 2a · Program service revenue: Administrative Fee

  total $974,362 · related or exempt $974,362

• 3 · Investment income

  total $2,285,753 · unrelated business -$2,309 · excluded $2,285,753

• 7a · Gross sales of assets other than inventory

  securities $19,812,481

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

  securities $21,484,957

• 7c · Gain or loss

  securities -$1,672,476

• 7d · Net gain or loss

  total -$1,672,476 · excluded -$1,672,476

• 8a · Fundraising events: gross income

  $273,208

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

  $445,983

• 8b · Fundraising events: direct expenses

  $142,744

• 8c · Net income from fundraising events

  total $130,464

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,812,052 · program services $1,812,051

• 2 · Grants to domestic individuals

  total $304,925 · program services $304,925

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $417,570 · program services $76,927 · management and general $135,048 · fundraising $205,595

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $335,864 · program services $61,070 · management and general $107,819 · fundraising $166,975

• 8 · Pension plan contributions

  total $78,097 · program services $14,200 · management and general $25,071 · fundraising $38,826

• 9 · Other employee benefits

  total $82,882 · program services $14,524 · management and general $28,648 · fundraising $39,710

• 10 · Payroll taxes

  total $50,843 · program services $9,245 · management and general $16,322 · fundraising $25,277

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $5,000 · management and general $5,000

• 11c · Fees: accounting

  total $46,500 · management and general $46,500

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $15,000 · fundraising $15,000

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $63,086 · program services $250 · management and general $42,502 · fundraising $20,334

• 12 · Advertising and promotion

  total $18,613 · program services $171 · management and general $7,357 · fundraising $11,085

• 13 · Office expenses

  total $31,149 · program services $707 · management and general $21,749 · fundraising $8,693

• 14 · Information technology

  total $9,829 · program services $1,787 · management and general $3,155 · fundraising $4,887

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $50,087 · program services $9,107 · management and general $16,079 · fundraising $24,901

• 17 · Travel

  total $10,470 · program services $177 · management and general $6,249 · fundraising $4,044

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $9,112 · management and general $9,112

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $0

• 23 · Insurance

  total $37,286 · program services $1,858 · management and general $30,349 · fundraising $5,079

• 24a · Other expenses: Sponsorships

  total $59,129 · program services $58,799 · fundraising $330

• 24b · Other expenses: Furniture, Fixtures, Equipment

  total $28,000 · program services $205 · management and general $7,710 · fundraising $20,085

• 24c · Other expenses: Computer Software Subscriptions

  total $48,581 · program services $427 · management and general $48,154

• 24d · Other expenses: Inkind Expense

  total $49,936 · fundraising $49,936

• 24e · All other expenses

  total $65,623 · program services $2,040 · management and general $57,924 · fundraising $5,659

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $83,870 · end of year $156,126

• 3 · Pledges and grants receivable

  beginning of year $1,901,879 · end of year $48,658

• 9 · Prepaid expenses and deferred charges

  beginning of year $35,330

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

  $48,000

• 10c · Land, buildings and equipment, net

  beginning of year $48,000 · end of year $48,000

• 11 · Investments: publicly traded securities

  beginning of year $96,613,582 · end of year $109,509,885

• 12 · Investments: other securities

  beginning of year $3,692,268 · end of year $3,602,909

• 15 · Other assets

  end of year $89,777

• 17 · Accounts payable and accrued expenses

  beginning of year $96,391 · end of year $105,561

• 18 · Grants payable

  beginning of year $441,670 · end of year $127,000

• 21 · Escrow or custodial account liability

  beginning of year $42,198,408 · end of year $44,098,748

• 25 · Other liabilities

  beginning of year $1,352,714 · end of year $1,193,723

• 27 · Net assets without donor restrictions

  beginning of year $18,321,305 · end of year $22,284,008

• 28 · Net assets with donor restrictions

  beginning of year $39,964,441 · end of year $45,646,315

The filer's explanations (Part III)

Part I Line 7

INCENTIVE PAYMENTS ARE GIVEN BASED ON MEETING ORGANIZATIONAL GOALS AND ARE AT THE DISCRETION OF THE BOARD OF DIRECTORS.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• EXETER PARTNERS LP

  Unrelated · INVESTMENT · CA · 97% owned · share of income -$44,296 · share of assets $1,610,095

• VERDE VALLEY L&C LLC

  Unrelated · RANCHING · AZ · 55.59% owned · share of income -$185 · share of assets $3,259,456

• W DART LLP

  Excluded · INVESTMENT · AZ · 97.65% owned · share of income -$261 · share of assets $6,479,215