Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $198,381

• 1e · Government grants (contributions)

  $250,000

• 1f · All other contributions, gifts and grants

  $5,975,186

• 3 · Investment income

  total $27,714 · excluded $27,714

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

  other assets $110

• 7c · Gain or loss

  other assets -$110

• 7d · Net gain or loss

  total -$110 · excluded -$110

• 11a · Other revenue: REIMBURSEMENTS

  total $811 · excluded $811

• 11e · Other revenue, total

  $811

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $2,526,053 · program services $2,526,053

• 5 · Compensation of officers, directors and key employees

  total $156,468 · program services $37,552 · fundraising $118,916

• 7 · Other salaries and wages

  total $213,901 · program services $148,348 · management and general $65,553

• 8 · Pension plan contributions

  total $4,557 · program services $4,557

• 9 · Other employee benefits

  total $32,594 · program services $10,050 · management and general $22,544

• 10 · Payroll taxes

  total $27,787 · program services $14,188 · management and general $7,847 · fundraising $5,752

• 11c · Fees: accounting

  total $78,469 · management and general $78,469

• 11g · Fees: other

  total $31,059 · program services $25,667 · management and general $5,392

• 13 · Office expenses

  total $7,689 · program services $704 · management and general $6,985

• 14 · Information technology

  total $855 · program services $6 · management and general $583 · fundraising $266

• 16 · Occupancy

  total $14,924 · program services $2,600 · management and general $12,324

• 17 · Travel

  total $31,775 · program services $24,191 · management and general $6,091 · fundraising $1,493

• 19 · Conferences, conventions and meetings

  total $521 · program services $521

• 22 · Depreciation, depletion and amortization

  total $435 · management and general $435

• 23 · Insurance

  total $1,074 · management and general $1,074

• 24a · Other expenses: TRANSLATIONS

  total $5,729 · program services $5,729

• 24b · Other expenses: MEALS

  total $2,806 · program services $2,718 · management and general $36 · fundraising $52

• 24c · Other expenses: STAFF DEVELOPMENT

  total $1,144 · management and general $1,144

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,949,384 · end of year $51,387

• 2 · Savings and temporary cash investments

  beginning of year $323,102 · end of year $2,601,640

• 3 · Pledges and grants receivable

  end of year $4,174,682

• 4 · Accounts receivable

  beginning of year $101,055

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,904 · end of year $1,291

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

  $2,174

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

  $2,174

• 10c · Land, buildings and equipment, net

  beginning of year $435 · end of year $0

• 15 · Other assets

  beginning of year $130,650 · end of year $4,743

• 17 · Accounts payable and accrued expenses

  beginning of year $48,819 · end of year $44,817

• 19 · Deferred revenue

  beginning of year $1,745,085

• 25 · Other liabilities

  beginning of year $393,542 · end of year $191,981

• 27 · Net assets without donor restrictions

  beginning of year $77,014 · end of year $5,353,875

• 28 · Net assets with donor restrictions

  beginning of year $1,243,070 · end of year $1,243,070

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3:

THE EXECUTIVE DIRECTOR RECEIVES NO COMPENSATION FROM THE FILING ORGANIZATION. HE RECEIVES A SALARY AND BENEFITS FROM THE UK RESOURCE CENTRE, FOR WHICH HE WORKS FULL-TIME. THAT COMPENSATION, THE SECRETARY'S COMPENSATION, AND ALL OTHER STAFF SALARIES WERE CONSISTENT WITH AN ORGANIZATION-WIDE SALARY SCALE. THIS SCALE WAS ESTABLISHED BY MANAGEMENT AND THE TREASURER, WHO DID NOT RECEIVE COMPENSATION FROM THE FILING ORGANIZATION OR THE UK RESOURCE CENTRE, FOLLOWING CONSULTATION WITH PEER ORGANIZATIONS OF SIMILAR SIZE IN THE FIELD AND REVIEWS OF THIRD-PARTY COST OF LIVING DATA.