Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $39,074

• 1e · Government grants (contributions)

  $275,000

• 1f · All other contributions, gifts and grants

  $690,377

• 1g · Noncash contributions included above

  $51,038

• 2a · Program service revenue: TICKET OPERATIONS

  total $2,007,778 · related or exempt $2,007,778

• 2b · Program service revenue: SPONSORSHIPS

  total $1,724,366 · related or exempt $1,724,366

• 2c · Program service revenue: PARKING SHARE

  total $73,597 · related or exempt $73,597

• 2d · Program service revenue: MERCHANDISE SALE

  total $38,415 · related or exempt $38,415

• 2e · Program service revenue: GRIDIRON CLUB

  total $1,620 · related or exempt $1,620

• 2f · All other program service revenue

  total $817 · related or exempt $817

• 3 · Investment income

  total $62,462 · excluded $62,462

• 5 · Royalties

  total $775,000 · excluded $775,000

• 7a · Gross sales of assets other than inventory

  securities $517,211

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

  securities $517,292

• 7c · Gain or loss

  securities -$81

• 7d · Net gain or loss

  total -$81 · excluded -$81

• 8a · Fundraising events: gross income

  $362,007

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

  $39,074

• 8b · Fundraising events: direct expenses

  $177,107

• 8c · Net income from fundraising events

  total $184,900 · excluded $184,900

• 11a · Other revenue: HOTEL REBATES

  total $5,788 · excluded $5,788

• 11e · Other revenue, total

  $5,788

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $28,928 · program services $28,928

• 5 · Compensation of officers, directors and key employees

  total $677,267 · program services $425,972 · management and general $251,295

• 7 · Other salaries and wages

  total $491,198 · program services $300,453 · management and general $190,745

• 8 · Pension plan contributions

  total $7,196 · program services $5,957 · management and general $1,239

• 9 · Other employee benefits

  total $34,958 · program services $28,939 · management and general $6,019

• 10 · Payroll taxes

  total $71,115 · program services $41,227 · management and general $29,888

• 11b · Fees: legal

  total $45,320 · management and general $45,320

• 11c · Fees: accounting

  total $31,954 · management and general $31,954

• 11g · Fees: other

  total $179,493 · program services $600 · fundraising $178,893

• 12 · Advertising and promotion

  total $129,794 · program services $129,794

• 13 · Office expenses

  total $114,891 · program services $67,465 · management and general $47,426

• 14 · Information technology

  total $8,243 · program services $6,594 · management and general $1,649

• 16 · Occupancy

  total $104,178 · program services $92,178 · management and general $12,000

• 17 · Travel

  total $47,644 · program services $39,213 · management and general $8,431

• 19 · Conferences, conventions and meetings

  total $506,563 · program services $342,690 · management and general $37,384 · fundraising $126,489

• 22 · Depreciation, depletion and amortization

  total $259,056 · program services $259,056

• 23 · Insurance

  total $63,996 · program services $57,059 · management and general $6,937

• 24a · Other expenses: CONFERENCE DISTRIBUTION

  total $2,424,225 · program services $2,424,225

• 24b · Other expenses: STADIUM EXPENSES

  total $253,701 · program services $253,701

• 24c · Other expenses: TEAM GIFTS AND TROPHIES

  total $120,244 · program services $120,244

• 24d · Other expenses: LICENSE AND DUES

  total $25,435 · program services $25,435

• 24e · All other expenses

  total $7,109 · program services $7,109

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,196,087 · end of year $280,404

• 2 · Savings and temporary cash investments

  beginning of year $443,507 · end of year $1,061,893

• 3 · Pledges and grants receivable

  beginning of year $75,000 · end of year $150,000

• 4 · Accounts receivable

  beginning of year $168,363 · end of year $151,308

• 9 · Prepaid expenses and deferred charges

  beginning of year $21,154 · end of year $14,000

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

  $5,817,921

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

  $1,142,349

• 10c · Land, buildings and equipment, net

  beginning of year $4,797,350 · end of year $4,675,572

• 11 · Investments: publicly traded securities

  beginning of year $907,191 · end of year $905,968

• 12 · Investments: other securities

  beginning of year $692,713 · end of year $889,612

• 17 · Accounts payable and accrued expenses

  beginning of year $1,225,566 · end of year $751,178

• 19 · Deferred revenue

  beginning of year $105,760 · end of year $108,150

• 27 · Net assets without donor restrictions

  beginning of year $6,970,039 · end of year $7,269,429

The filer's explanations (Part III)

PART I, LINE 7

THE NON-FIXED BONUS PAYMENTS ARE BASED ON PERFORMANCE AND AWARDED AT THE DISCRETION OF THE FINANCE COMMITTEE. THE FINANCE COMMITTEE TAKES INTO CONSIDERATION A VARIETY OF FACTORS, INCLUDING FUNDS RAISED AND ATTENDANCE AT THE ANNUAL EVENT - THE MILITARY BOWL.

Disregarded entities

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

• PATRIOT POINT LLC

  TO OWN & OPERATE RECREATIONAL SPACE FOR WOUNDED VETERANS AND THEIR FAMILIES · DC · income $906,159 · assets $5,759,668

  Directly controlled by MILITARY BOWL FOUNDATION INC