Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SALES, NET OF DISCOUNTS

  total $131,180,332 · related or exempt $131,180,332

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

  other assets $10,560

• 7c · Gain or loss

  other assets -$10,560

• 7d · Net gain or loss

  total -$10,560 · excluded -$10,560

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,376,772 · management and general $1,376,772

• 7 · Other salaries and wages

  total $38,439,679 · program services $33,731,283 · management and general $4,708,396

• 8 · Pension plan contributions

  total $1,468,366 · program services $1,054,146 · management and general $414,220

• 9 · Other employee benefits

  total $8,713,993 · program services $6,381,638 · management and general $2,332,355

• 10 · Payroll taxes

  total $3,626,176 · program services $3,133,949 · management and general $492,227

• 11b · Fees: legal

  total $158,975 · management and general $158,975

• 11c · Fees: accounting

  total $102,911 · management and general $102,911

• 11g · Fees: other

  total $18,051,536 · program services $17,064,009 · management and general $987,527

• 12 · Advertising and promotion

  total $88,170 · management and general $88,170

• 13 · Office expenses

  total $2,521,284 · program services $2,174,638 · management and general $346,646

• 14 · Information technology

  total $8,288,359 · program services $1,496,144 · management and general $6,792,215

• 16 · Occupancy

  total $1,762,324 · program services $1,126,964 · management and general $635,360

• 17 · Travel

  total $147,437 · program services $89,477 · management and general $57,960

• 20 · Interest

  total $129,844 · program services $129,844

• 22 · Depreciation, depletion and amortization

  total $2,098,984 · program services $1,665,728 · management and general $433,256

• 23 · Insurance

  total $308,785 · management and general $308,785

• 24a · Other expenses: SUPPLIES

  total $41,112,886 · program services $41,112,886

• 24b · Other expenses: EQUIPMENT EXPENSES

  total $2,445,111 · program services $1,735,525 · management and general $709,586

• 24c · Other expenses: FEES

  total $188,005 · program services $121,823 · management and general $66,182

• 24e · All other expenses

  total $140,175 · program services $33,662 · management and general $106,513

Balance sheet

Part X, book values.

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,149,852 · end of year $2,782,891

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

  $18,843,287

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

  $15,132,016

• 10c · Land, buildings and equipment, net

  beginning of year $3,315,217 · end of year $3,711,271

• 15 · Other assets

  beginning of year $11,789,337 · end of year $20,154,504

• 17 · Accounts payable and accrued expenses

  beginning of year $2,824,908 · end of year $4,174,086

• 25 · Other liabilities

  beginning of year $1,992,583 · end of year $9,037,665

• 27 · Net assets without donor restrictions

  beginning of year $13,436,915 · end of year $13,436,915

The filer's explanations (Part III)

PART I, LINE 3

ALTHOUGH THE FILING ORGANIZATION DOES NOT ISSUE FORMS W-2, IT DOES REPORT THE REIMBURSED SALARIES AND RELATED PAYROLL EXPENSES ON FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES. AS SUCH, THE ORGANIZATION IS ANSWERING SCHEDULE J AS THOUGH THE COMPENSATION IS COMING FROM THE ORGANIZATION.

PART I, LINE 6

BONUS COMPENSATION IS PAID BASED ON A COMPARISON OF ACTUAL NET INCOME TO BUDGETED NET INCOME FOR EACH QUARTER.

Related corporations and trusts

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

• TRICORE REFERENCE LABORATORIES

  C · LABORATORY TESTING · NM