Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $38,484

• 1f · All other contributions, gifts and grants

  $6,926,470

• 1g · Noncash contributions included above

  $72,573

• 2a · Program service revenue: SCHOLARSHIP

  total $12,500 · related or exempt $12,500

• 2b · Program service revenue: SEMINARS/CONFERENCES

  total $6,290 · related or exempt $6,290

• 3 · Investment income

  total $88,209 · excluded $88,209

• 7a · Gross sales of assets other than inventory

  securities $432,180

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

  securities $371,498 · other assets $3,574

• 7c · Gain or loss

  securities $60,682 · other assets -$3,574

• 7d · Net gain or loss

  total $57,108 · excluded $57,108

• 8a · Fundraising events: gross income

  $619,310

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

  $38,484

• 8b · Fundraising events: direct expenses

  $619,310

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: FURNITURE ALLOWANCE

  total $16,360 · excluded $16,360

• 11b · Other revenue: MISCELLANEOUS

  total $8,935 · excluded $8,935

• 11c · Other revenue: CREDIT CARD POINTS

  total $8,537 · excluded $8,537

• 11e · Other revenue, total

  $33,832

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $10,500 · program services $10,500

• 5 · Compensation of officers, directors and key employees

  total $579,944 · program services $375,393 · management and general $111,078 · fundraising $93,473

• 7 · Other salaries and wages

  total $1,885,334 · program services $1,220,361 · management and general $361,101 · fundraising $303,872

• 8 · Pension plan contributions

  total $33,868 · program services $21,922 · management and general $6,487 · fundraising $5,459

• 9 · Other employee benefits

  total $212,469 · program services $137,529 · management and general $40,695 · fundraising $34,245

• 10 · Payroll taxes

  total $182,514 · program services $118,140 · management and general $34,957 · fundraising $29,417

• 11b · Fees: legal

  total $30,969 · management and general $30,969

• 11c · Fees: accounting

  total $12,700 · management and general $12,700

• 11d · Fees: lobbying

  total $105,425 · program services $37,578 · management and general $30,379 · fundraising $37,468

• 11e · Fees: professional fundraising services

  total $97,500 · fundraising $97,500

• 12 · Advertising and promotion

  total $276,897 · program services $276,897

• 13 · Office expenses

  total $57,425 · program services $46,051 · management and general $4,395 · fundraising $6,979

• 16 · Occupancy

  total $148,478 · program services $118,782 · management and general $14,848 · fundraising $14,848

• 17 · Travel

  total $52,747 · program services $45,577 · fundraising $7,170

• 19 · Conferences, conventions and meetings

  total $132,245 · program services $132,245

• 22 · Depreciation, depletion and amortization

  total $9,100 · program services $6,370 · management and general $910 · fundraising $1,820

• 23 · Insurance

  total $21,000 · program services $7,000 · management and general $7,000 · fundraising $7,000

• 24a · Other expenses: PRINTING AND POSTAGE

  total $36,624 · program services $35,977 · management and general $647

• 24b · Other expenses: BANK FEES

  total $27,895 · program services $7,730 · management and general $7,199 · fundraising $12,966

• 24c · Other expenses: SUBSCRIPTIONS

  total $5,142 · program services $1,425 · management and general $1,327 · fundraising $2,390

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $213,577 · end of year $625,863

• 2 · Savings and temporary cash investments

  beginning of year $536,679 · end of year $439,714

• 3 · Pledges and grants receivable

  beginning of year $1,707,075 · end of year $2,056,913

• 8 · Inventories for sale or use

  beginning of year $13,782 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $82,718 · end of year $25,260

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

  $81,201

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

  $54,921

• 10c · Land, buildings and equipment, net

  beginning of year $26,341 · end of year $26,280

• 11 · Investments: publicly traded securities

  beginning of year $2,019,110 · end of year $4,788,398

• 15 · Other assets

  beginning of year $483,625 · end of year $345,446

• 17 · Accounts payable and accrued expenses

  beginning of year $235,690 · end of year $398,266

• 25 · Other liabilities

  beginning of year $529,684 · end of year $422,796

• 27 · Net assets without donor restrictions

  beginning of year $2,504,147 · end of year $5,313,588

• 28 · Net assets with donor restrictions

  beginning of year $1,813,386 · end of year $2,173,224

The filer's explanations (Part III)

PART I, LINE 4A

MICHAEL GALLAGHER RECEIVED $75,000 IN SEVERANCE PAYMENTS.