Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $598,164

• 1e · Government grants (contributions)

  $3,568,149

• 1f · All other contributions, gifts and grants

  $2,369,410

• 1g · Noncash contributions included above

  $83,217

• 3 · Investment income

  total $630,205 · excluded $630,205

• 6a · Gross rents

  real property $1,500

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,500

• 6d · Net rental income or loss

  total $1,500 · excluded $1,500

• 7a · Gross sales of assets other than inventory

  securities $3,516,549

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

  securities $2,348,549

• 7c · Gain or loss

  securities $1,168,000

• 7d · Net gain or loss

  total $1,168,000 · excluded $1,168,000

• 8a · Fundraising events: gross income

  $99,186

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

  $598,164

• 8b · Fundraising events: direct expenses

  $193,408

• 8c · Net income from fundraising events

  total -$94,222 · excluded -$94,222

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $58,434 · excluded $58,434

• 11e · Other revenue, total

  $58,434

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $160,199 · program services $160,199

• 5 · Compensation of officers, directors and key employees

  total $668,247 · management and general $668,247

• 7 · Other salaries and wages

  total $4,207,661 · program services $3,670,401 · management and general $163,897 · fundraising $373,363

• 8 · Pension plan contributions

  total $86,825 · program services $70,326 · management and general $14,399 · fundraising $2,100

• 9 · Other employee benefits

  total $234,702 · program services $177,266 · management and general $20,593 · fundraising $36,843

• 10 · Payroll taxes

  total $382,019 · program services $306,475 · management and general $46,305 · fundraising $29,239

• 11c · Fees: accounting

  total $265,860 · program services $55,157 · management and general $177,109 · fundraising $33,594

• 11f · Fees: investment management

  total $118,534 · management and general $118,534

• 11g · Fees: other

  total $352,426 · program services $73,116 · management and general $234,778 · fundraising $44,532

• 12 · Advertising and promotion

  total $22,968 · program services $2,422 · management and general $123 · fundraising $20,423

• 13 · Office expenses

  total $21,776 · program services $1,654 · management and general $9,275 · fundraising $10,847

• 14 · Information technology

  total $42,384 · program services $35,505 · management and general $5,879 · fundraising $1,000

• 16 · Occupancy

  total $510,342 · program services $416,252 · management and general $61,191 · fundraising $32,899

• 17 · Travel

  total $190,858 · program services $143,067 · management and general $29,606 · fundraising $18,185

• 19 · Conferences, conventions and meetings

  total $64,742 · program services $43,363 · management and general $13,095 · fundraising $8,284

• 20 · Interest

  total $34,663 · program services $537 · management and general $34,049 · fundraising $77

• 22 · Depreciation, depletion and amortization

  total $638,181 · program services $580,493 · management and general $57,688

• 23 · Insurance

  total $141,709 · program services $115,266 · management and general $26,443

• 24a · Other expenses: SUPPLIES

  total $730,450 · program services $642,122 · management and general $56,434 · fundraising $31,894

• 24b · Other expenses: MEMBERSHIP DUES

  total $99,048 · program services $73,905 · management and general $24,845 · fundraising $298

• 24c · Other expenses: PRINTING AND PUBLICATIO

  total $24,793 · program services $9,943 · management and general $3,786 · fundraising $11,064

• 24e · All other expenses

  total $68,759 · program services $27,205 · management and general $41,192 · fundraising $362

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $427,549 · end of year $680,833

• 3 · Pledges and grants receivable

  beginning of year $2,222,290 · end of year $1,488,403

• 9 · Prepaid expenses and deferred charges

  beginning of year $76,580 · end of year $65,329

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

  $11,824,217

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

  $5,878,552

• 10c · Land, buildings and equipment, net

  beginning of year $6,232,603 · end of year $5,945,665

• 11 · Investments: publicly traded securities

  beginning of year $13,840,912 · end of year $15,591,141

• 15 · Other assets

  beginning of year $6,621,837 · end of year $7,080,052

• 17 · Accounts payable and accrued expenses

  beginning of year $647,013 · end of year $688,842

• 19 · Deferred revenue

  beginning of year $226,340 · end of year $257,068

• 24 · Unsecured notes and loans payable

  end of year $749,988

• 25 · Other liabilities

  beginning of year $112,405 · end of year $144,376

• 27 · Net assets without donor restrictions

  beginning of year $15,858,896 · end of year $15,209,448

• 28 · Net assets with donor restrictions

  beginning of year $12,577,117 · end of year $13,801,701

The filer's explanations (Part III)

PART I, LINE 4B

EFFECTIVE AUGUST 1, 2015, UNION LEAGUE BOYS AND GIRLS CLUBS ADOPTED A 457(B) DEFERRED COMPENSATION PLAN FOR SELECT EMPLOYEES.

PART I, LINE 7

PRESIDENT RECEIVED A BONUS OF $60,000 UPON ATTAINMENT OF AGREED UPON GOALS FOR YEAR 2024. GOALS WERE NOT CONTINGENT ON NET EARNINGS OR REVENUE OF THE ORGANIZATION.