Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $136,991

• 1e · Government grants (contributions)

  $3,329,593

• 1f · All other contributions, gifts and grants

  $2,450,254

• 1g · Noncash contributions included above

  $347,979

• 3 · Investment income

  total $333,489 · excluded $333,489

• 7a · Gross sales of assets other than inventory

  securities $5,547,520

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

  securities $5,411,444 · other assets $2,461

• 7c · Gain or loss

  securities $136,076 · other assets -$2,461

• 7d · Net gain or loss

  total $133,615 · excluded $133,615

• 8a · Fundraising events: gross income

  $44,664

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

  $136,991

• 8b · Fundraising events: direct expenses

  $10,981

• 8c · Net income from fundraising events

  total $33,683 · excluded $33,683

• 11a · Other revenue: OTHER INCOME

  total $178,939 · excluded $178,939

• 11b · Other revenue: FEE INCOME

  total $5,273 · excluded $5,273

• 11e · Other revenue, total

  $184,212

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,870,625 · program services $5,870,625

• 2 · Grants to domestic individuals

  total $78,390 · program services $78,390

• 5 · Compensation of officers, directors and key employees

  total $229,425 · program services $34,413 · management and general $91,770 · fundraising $103,242

• 7 · Other salaries and wages

  total $591,378 · program services $364,095 · management and general $102,276 · fundraising $125,007

• 8 · Pension plan contributions

  total $23,204 · program services $10,940 · management and general $3,571 · fundraising $8,693

• 9 · Other employee benefits

  total $68,223 · program services $27,932 · management and general $13,739 · fundraising $26,552

• 10 · Payroll taxes

  total $56,993 · program services $21,078 · management and general $13,205 · fundraising $22,710

• 11b · Fees: legal

  total $31,805 · management and general $31,805

• 11c · Fees: accounting

  total $51,286 · management and general $51,286

• 11d · Fees: lobbying

  total $1,800 · management and general $1,800

• 11f · Fees: investment management

  total $53,930 · management and general $53,930

• 11g · Fees: other

  total $325,967 · program services $272,605 · management and general $19,442 · fundraising $33,920

• 13 · Office expenses

  total $31,624 · program services $11,698 · management and general $7,326 · fundraising $12,600

• 14 · Information technology

  total $17,371 · program services $6,424 · management and general $4,025 · fundraising $6,922

• 16 · Occupancy

  total $44,779 · program services $16,561 · management and general $10,375 · fundraising $17,843

• 17 · Travel

  total $20,337 · program services $7,521 · management and general $4,712 · fundraising $8,104

• 19 · Conferences, conventions and meetings

  total $651,466 · program services $510,028 · management and general $36,902 · fundraising $104,536

• 20 · Interest

  total $480 · fundraising $480

• 22 · Depreciation, depletion and amortization

  total $9,123 · program services $1,669 · management and general $1,045 · fundraising $6,409

• 23 · Insurance

  total $5,679 · management and general $5,679

• 24a · Other expenses: SUBSCRIPTIONS

  total $41,316 · program services $15,946 · management and general $8,190 · fundraising $17,180

• 24b · Other expenses: TAXES & FEES

  total $2,417 · program services $894 · management and general $560 · fundraising $963

• 24c · Other expenses: MISCELLANEOUS

  total $87 · management and general $87

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,875,991 · end of year $5,236,976

• 2 · Savings and temporary cash investments

  beginning of year $2,242,313 · end of year $38

• 3 · Pledges and grants receivable

  beginning of year $345,000

• 4 · Accounts receivable

  beginning of year $156,561

• 9 · Prepaid expenses and deferred charges

  beginning of year $31,278 · end of year $100,631

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

  $6,779

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $13,752 · end of year $6,779

• 11 · Investments: publicly traded securities

  beginning of year $19,248,184 · end of year $16,290,948

• 12 · Investments: other securities

  beginning of year $579,484 · end of year $579,484

• 15 · Other assets

  beginning of year $31,516 · end of year $109,109

• 17 · Accounts payable and accrued expenses

  beginning of year $67,898 · end of year $69,735

• 18 · Grants payable

  beginning of year $44,100 · end of year $47,434

• 19 · Deferred revenue

  end of year $1,341,688

• 25 · Other liabilities

  beginning of year $1,559 · end of year $114,017

• 27 · Net assets without donor restrictions

  beginning of year $24,670,078 · end of year $20,200,820

• 28 · Net assets with donor restrictions

  beginning of year $740,444 · end of year $550,271

The filer's explanations (Part III)

PART I, LINE 6

ALL EMPLOYEES RECEIVED A BONUS IN 2022 BASED ON THE PERFORMANCE OF THE ORGANIZATION, NOT THE INDIVIDUAL'S PERFORMANCE. EACH BONUS WAS THE SAME. THE BONUS POOL WAS $28,000 AND WAS DIVIDED EVENLY TO 5 EMPLOYEES. EACH EMPLOYEE RECEIVED $5,600 AS A 2022 BONUS. THE PRESIDENT & CEO ALSO RECEIVED AN ADDITIONAL BONUS AT THE DISCRETION OF THE BOARD AS DIRECTED BY ACT'S LEADERSHIP DEVELOPMENT COMMITTEE.