Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $785,000

• 1f · All other contributions, gifts and grants

  $1,027,337

• 1g · Noncash contributions included above

  $10,500

• 2a · Program service revenue: SPORTS & EDUCATIONAL PROGRAMMING

  total $402,896 · related or exempt $402,896

• 3 · Investment income

  total $311,967 · excluded $311,967

• 8a · Fundraising events: gross income

  $345,430

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

  $785,000

• 8b · Fundraising events: direct expenses

  $1,138,234

• 8c · Net income from fundraising events

  total -$792,804 · excluded -$792,804

• 9a · Gaming: gross income

  $50,000

• 9b · Gaming: direct expenses

  $22,271

• 9c · Net income from gaming

  total $27,729 · excluded $27,729

• 11a · Other revenue: REIMBURSABLE RENT

  total $17,080 · excluded $17,080

• 11b · Other revenue: REIMBURSABLE CONTRACT LABOR

  total $5,000 · excluded $5,000

• 11c · Other revenue: MISCELLANEOUS REMIBURSEMENTS

  total $1,381 · excluded $1,381

• 11e · Other revenue, total

  $23,461

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $363,373 · program services $363,373

• 2 · Grants to domestic individuals

  total $225,207 · program services $225,207

• 3 · Grants to foreign organizations and individuals

  total $17,950 · program services $17,950

• 5 · Compensation of officers, directors and key employees

  total $259,992 · management and general $259,992

• 10 · Payroll taxes

  total $16,119 · management and general $16,119

• 11b · Fees: legal

  total $56,764 · management and general $56,764

• 11g · Fees: other

  total $35,612 · management and general $35,612

• 12 · Advertising and promotion

  total $6,000 · management and general $6,000

• 13 · Office expenses

  total $200 · management and general $200

• 16 · Occupancy

  total $40,187 · management and general $40,187

• 19 · Conferences, conventions and meetings

  total $307,843 · program services $307,843

• 20 · Interest

  total $719 · management and general $719

• 24a · Other expenses: PAYROLL PROCESSING FEES

  total $8,233 · management and general $8,233

• 24b · Other expenses: BANK CHARGES & SERVICE

  total $5,249 · program services $4,428 · management and general $821

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,854,447 · end of year $1,122,212

• 2 · Savings and temporary cash investments

  beginning of year $360,267 · end of year $9,140,787

• 4 · Accounts receivable

  beginning of year $2,240,744 · end of year $3,802,824

• 8 · Inventories for sale or use

  end of year $1,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $192,520 · end of year $4,364,434

• 15 · Other assets

  beginning of year $26,762 · end of year $26,833

• 17 · Accounts payable and accrued expenses

  beginning of year $228,080 · end of year $729,688

• 19 · Deferred revenue

  beginning of year $6,885,100 · end of year $16,655,000

• 25 · Other liabilities

  beginning of year $196,100 · end of year $266,304

• 27 · Net assets without donor restrictions

  beginning of year $359,180 · end of year $391,968

• 28 · Net assets with donor restrictions

  beginning of year $6,280 · end of year $415,630

The filer's explanations (Part III)

PART I, LINE 4A

THE ORGANIZATION MADE SEVERANCE PAYMENTS TO JANIS BURKE IN THE AMOUNT OF $90,000 IN CALENDAR YEAR 2024.