Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $4,919

• 1f · All other contributions, gifts and grants

  $3,559,070

• 1g · Noncash contributions included above

  $125,738

• 2a · Program service revenue: WHITTINGTON CENTER PROGRAM FEES

  total $1,420,210 · related or exempt $1,420,210

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $194,424 · related or exempt $194,424

• 6a · Gross rents

  real property $6,400

• 6c · Rental income or loss

  real property $6,400 · personal property $0

• 6d · Net rental income or loss

  total $6,400 · excluded $6,400

• 7a · Gross sales of assets other than inventory

  securities $2,428,256 · other assets $0

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

  securities $2,215,061 · other assets $0

• 7c · Gain or loss

  securities $213,195 · other assets $0

• 7d · Net gain or loss

  total $213,195 · excluded $213,195

• 10a · Gross sales of inventory

  $460,746

• 10b · Cost of goods sold

  $480,502

• 10c · Net income from sales of inventory

  total -$19,756 · unrelated business -$19,756

• 11a · Other revenue: MINERAL RIGHTS

  total $155,607 · excluded $155,607

• 11b · Other revenue: MISC REVENUE

  total $26,953 · excluded $26,953

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $182,560

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $119,815 · program services $92,976 · management and general $11,622 · fundraising $15,217

• 7 · Other salaries and wages

  total $1,287,919 · program services $1,004,476 · management and general $111,482 · fundraising $171,961

• 8 · Pension plan contributions

  total $209,019 · program services $173,152 · management and general $19,659 · fundraising $16,208

• 9 · Other employee benefits

  total $172,353 · program services $142,778 · management and general $16,210 · fundraising $13,365

• 10 · Payroll taxes

  total $86,254 · program services $71,453 · management and general $8,112 · fundraising $6,689

• 11b · Fees: legal

  total $2,608 · program services $2,414 · management and general $97 · fundraising $97

• 11c · Fees: accounting

  total $45,585 · management and general $45,585

• 11e · Fees: professional fundraising services

  total $177,900 · fundraising $177,900

• 11f · Fees: investment management

  total $20,669 · management and general $20,669

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $562,079 · program services $100 · management and general $15,526 · fundraising $546,453

• 13 · Office expenses

  total $240,191 · program services $191,222 · management and general $48,969

• 14 · Information technology

  total $17,426 · program services $10,309 · management and general $3,916 · fundraising $3,201

• 16 · Occupancy

  total $105,159 · program services $97,369 · management and general $3,895 · fundraising $3,895

• 17 · Travel

  total $47,563 · program services $12,405 · management and general $22,563 · fundraising $12,595

• 20 · Interest

  total $173 · program services $173

• 22 · Depreciation, depletion and amortization

  total $569,355 · program services $515,443 · management and general $20,891 · fundraising $33,021

• 23 · Insurance

  total $161,676 · program services $133,833 · management and general $25,590 · fundraising $2,253

• 24a · Other expenses: RANGES, RANCH, AND PROGRAM SUPPLIES AT WHITTINGTON CENTER

  total $445,476 · program services $401,998 · management and general $13,973 · fundraising $29,505

• 24b · Other expenses: EQUIPMENT AND MAINTENANCE AT WHITTINGTON CENTER

  total $583,855 · program services $465,769 · management and general $30,229 · fundraising $87,857

• 24e · All other expenses

  total $12,158 · program services $0 · management and general $12,158 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,950,108 · end of year $2,594,352

• 3 · Pledges and grants receivable

  beginning of year $89,042 · end of year $646,343

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $534,130 · end of year $559,513

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,708 · end of year $13,643

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

  $20,851,108

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

  $10,102,946

• 10c · Land, buildings and equipment, net

  beginning of year $9,900,639 · end of year $10,748,162

• 11 · Investments: publicly traded securities

  beginning of year $4,363,051 · end of year $4,453,830

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $3,361,708 · end of year $3,358,668

• 15 · Other assets

  beginning of year $639,754 · end of year $644,390

• 17 · Accounts payable and accrued expenses

  beginning of year $319,478 · end of year $538,060

• 19 · Deferred revenue

  beginning of year $59,660 · end of year $79,830

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $333,604 · end of year $241,424

• 27 · Net assets without donor restrictions

  beginning of year $18,385,222 · end of year $18,565,345

• 28 · Net assets with donor restrictions

  beginning of year $2,746,176 · end of year $3,594,242

The filer's explanations (Part III)

Schedule J, Part I, Line 3 ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TREASURER

THE RELATED ORGANIZATION PAID THE INDIVIDUAL SERVING AS TREASURER OF NRA SPECIAL CONTRIBUTION FUND. THE RELATED ORGANIZATION UTILIZED A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANTS, COMPENSATION SURVEYS AND STUDIES, COMPARABILITY DATA, AND ULTIMATE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. ALL DECISIONS ARE PROPERLY DOCUMENTED.

Schedule J, Part II, Column (B)(iii) OTHER REPORTABLE COMPENSATION

OTHER REPORTABLE COMPENSATION WITHIN TAXABLE WAGES FOR MRS. ROWLING INCLUDED $2,070 GROUP LIFE INSURANCE AND $14,400 TAXABLE PERSONAL EXPENSES.

Schedule J, Part II, Column (D) NONTAXABLE BENEFITS

NONTAXABLE BENEFITS ARE PROVIDED TO EMPLOYEES CONSISTENT WITH ASSOCIATION INDUSTRY STANDARDS AND BEST PRACTICES. STANDARD NONTAXABLE BENEFITS INCLUDE EMPLOYEE BENEFITS SUCH AS THE EMPLOYER PAID PORTIONS OF MEDICAL AND DENTAL PLANS AND LONG-TERM AND SHORT-TERM DISABILITY PLANS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SEA GIRT LLC

  DEVELOPMENT PHASE · TX · income $0 · assets $0

  Directly controlled by NRA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• LEXINGTON CONCORD HOLDINGS LLC

  C Corporation · Development Phase · DE

  Directly controlled by NA

• NRA HOLDINGS COMPANY INC

  C Corporation · Management Services · VA

  Directly controlled by NA