Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,225,107

• 1g · Noncash contributions included above

  $17,531

• 3 · Investment income

  total $2,313,532 · excluded $2,313,532

• 7a · Gross sales of assets other than inventory

  securities $22,709,489

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

  securities $19,974,433

• 7c · Gain or loss

  securities $2,735,056

• 7d · Net gain or loss

  total $2,735,056 · excluded $2,735,056

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,301,313 · program services $5,301,313

• 5 · Compensation of officers, directors and key employees

  total $571,876 · program services $343,126 · management and general $154,406 · fundraising $74,344

• 7 · Other salaries and wages

  total $1,135,173 · program services $679,024 · management and general $308,411 · fundraising $147,738

• 8 · Pension plan contributions

  total $70,457 · program services $42,274 · management and general $19,023 · fundraising $9,160

• 9 · Other employee benefits

  total $173,690 · program services $104,214 · management and general $46,896 · fundraising $22,580

• 10 · Payroll taxes

  total $120,975 · program services $72,585 · management and general $32,663 · fundraising $15,727

• 11b · Fees: legal

  total $25,232 · management and general $25,232

• 11c · Fees: accounting

  total $52,945 · management and general $52,945

• 11f · Fees: investment management

  total $249,005 · management and general $249,005

• 11g · Fees: other

  total $248,379 · program services $130,197 · management and general $118,182

• 12 · Advertising and promotion

  total $13,639 · program services $3,725 · management and general $6,745 · fundraising $3,169

• 13 · Office expenses

  total $24,647 · program services $6,766 · management and general $16,937 · fundraising $944

• 14 · Information technology

  total $19,931 · program services $5,443 · management and general $9,857 · fundraising $4,631

• 16 · Occupancy

  total $208,450 · program services $113,710 · management and general $94,740

• 17 · Travel

  total $9,513 · program services $3,453 · management and general $3,556 · fundraising $2,504

• 19 · Conferences, conventions and meetings

  total $11,814 · program services $2,941 · management and general $6,740 · fundraising $2,133

• 22 · Depreciation, depletion and amortization

  total $3,596 · management and general $3,596

• 23 · Insurance

  total $38,520 · management and general $38,520

• 24a · Other expenses: STRATEGIC PARTNERSHIPS

  total $1,126,317 · program services $1,126,317

• 24b · Other expenses: COMMUNITY DEVELOPMENT

  total $259,003 · program services $259,003

• 24c · Other expenses: EQUIPMENT

  total $24,291 · program services $13,700 · management and general $10,591

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $11,384 · program services $6,644 · management and general $4,740

• 24e · All other expenses

  total $159,360 · program services $42,739 · management and general $47,181 · fundraising $69,440

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $613,099 · end of year $3,029,076

• 2 · Savings and temporary cash investments

  beginning of year $645,935 · end of year $386,751

• 9 · Prepaid expenses and deferred charges

  beginning of year $97,131 · end of year $92,968

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

  $588,982

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

  $537,507

• 10c · Land, buildings and equipment, net

  beginning of year $2,056,384 · end of year $51,475

• 11 · Investments: publicly traded securities

  beginning of year $95,214,398 · end of year $101,130,106

• 12 · Investments: other securities

  end of year $3,222,798

• 14 · Intangible assets

  beginning of year $586,815 · end of year $687,817

• 15 · Other assets

  beginning of year $1,805,483 · end of year $1,943,052

• 17 · Accounts payable and accrued expenses

  beginning of year $284,932 · end of year $267,733

• 25 · Other liabilities

  beginning of year $610,675 · end of year $766,399

• 27 · Net assets without donor restrictions

  beginning of year $70,398,146 · end of year $74,820,148

• 28 · Net assets with donor restrictions

  beginning of year $29,725,492 · end of year $34,689,763

The filer's explanations (Part III)

PART I, LINE 7

HOLIDAY BONUSES WERE AWARDED IN DECEMBER 2024 TO STAFF. THE CEO'S BONUS WAS APPROVED BY THE BOARD.