Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $20,000

• 1f · All other contributions, gifts and grants

  $11,122,101

• 2a · Program service revenue: CAMPUS CONSORTIUM FEES

  total $386,223 · related or exempt $386,223

• 3 · Investment income

  total $632,202 · excluded $632,202

• 7a · Gross sales of assets other than inventory

  securities $2,973,115

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

  securities $3,042,342

• 7c · Gain or loss

  securities -$69,227

• 7d · Net gain or loss

  total -$69,227 · excluded -$69,227

• 11a · Other revenue: CREDIT CARD REWARDS

  total $5,870 · related or exempt $5,870

• 11d · All other revenue

  total $5,275 · related or exempt $5,275

• 11e · Other revenue, total

  $11,145

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $766,004 · program services $444,306 · management and general $249,519 · fundraising $72,179

• 6 · Compensation of disqualified persons

  total $94,707 · program services $54,933 · management and general $30,850 · fundraising $8,924

• 7 · Other salaries and wages

  total $2,248,564 · program services $1,304,234 · management and general $732,453 · fundraising $211,877

• 8 · Pension plan contributions

  total $94,120 · program services $54,592 · management and general $30,659 · fundraising $8,869

• 9 · Other employee benefits

  total $936,633 · program services $543,275 · management and general $305,101 · fundraising $88,257

• 10 · Payroll taxes

  total $239,580 · program services $138,964 · management and general $78,041 · fundraising $22,575

• 11b · Fees: legal

  total $9,975 · program services $5,421 · management and general $4,554

• 11c · Fees: accounting

  total $166,571 · program services $90,517 · management and general $76,054

• 11f · Fees: investment management

  total $89,649 · management and general $89,649

• 11g · Fees: other

  total $4,041,148 · program services $3,825,278 · management and general $215,870

• 13 · Office expenses

  total $465,077 · program services $119,884 · management and general $344,437 · fundraising $756

• 16 · Occupancy

  total $213,510 · program services $121 · management and general $213,389

• 17 · Travel

  total $871,683 · program services $818,204 · management and general $51,039 · fundraising $2,440

• 22 · Depreciation, depletion and amortization

  total $47,549 · management and general $47,549

• 23 · Insurance

  total $69,761 · program services $1,123 · management and general $68,638

• 24a · Other expenses: EVENT EXPENSES

  total $427,278 · program services $416,450 · management and general $9,194 · fundraising $1,634

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,032,762 · end of year $1,306,710

• 2 · Savings and temporary cash investments

  beginning of year $4,233,509 · end of year $2,673,924

• 3 · Pledges and grants receivable

  beginning of year $3,812,613 · end of year $1,806,064

• 4 · Accounts receivable

  end of year $1,420,480

• 9 · Prepaid expenses and deferred charges

  beginning of year $64,793 · end of year $71,278

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

  $298,014

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

  $183,632

• 10c · Land, buildings and equipment, net

  beginning of year $161,931 · end of year $114,382

• 11 · Investments: publicly traded securities

  beginning of year $26,171,501 · end of year $24,400,190

• 15 · Other assets

  beginning of year $8,779 · end of year $8,779

• 17 · Accounts payable and accrued expenses

  beginning of year $169,455 · end of year $155,372

• 19 · Deferred revenue

  beginning of year $747,555 · end of year $793,598

• 27 · Net assets without donor restrictions

  beginning of year $2,542,377 · end of year $1,350,842

• 28 · Net assets with donor restrictions

  beginning of year $32,026,501 · end of year $29,501,995

The filer's explanations (Part III)

PART I, LINE 7

THERE WERE EMPLOYEE RENTION BONUSES AWARDED BY THE EXECUTIVE DIRECTOR AS A FIXED AMOUNT ACROSS ALL FULL TIME STAFF IN 2022.