Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $104,000

• 1f · All other contributions, gifts and grants

  $1,650,780

• 1g · Noncash contributions included above

  $119,486

• 2a · Program service revenue: LEADERSHIP SEMINARS

  total $166,655 · related or exempt $166,655

• 2b · Program service revenue: ADMINISTRATIVE FEE REVENUE

  total $162,848 · related or exempt $162,848

• 2c · Program service revenue: RECRUITMENT TRAINING

  total $23,175 · related or exempt $23,175

• 3 · Investment income

  total $484,885 · excluded $484,885

• 7a · Gross sales of assets other than inventory

  securities $6,833,657

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

  securities $5,847,385

• 7c · Gain or loss

  securities $986,272

• 7d · Net gain or loss

  total $986,272 · excluded $986,272

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,077,596 · program services $2,077,596

• 2 · Grants to domestic individuals

  total $364,376 · program services $364,376

• 7 · Other salaries and wages

  total $313,740 · program services $93,000 · management and general $60,000 · fundraising $160,740

• 11b · Fees: legal

  total $44,159 · management and general $44,159

• 11c · Fees: accounting

  total $101,388 · management and general $101,388

• 11f · Fees: investment management

  total $19,284 · management and general $19,284

• 11g · Fees: other

  total $110,986 · management and general $22,330 · fundraising $88,656

• 13 · Office expenses

  total $16,195 · management and general $16,195

• 14 · Information technology

  total $196,460 · program services $94,353 · fundraising $102,107

• 17 · Travel

  total $61,590 · fundraising $61,590

• 19 · Conferences, conventions and meetings

  total $173,557 · program services $141,186 · management and general $32,371

• 20 · Interest

  total $4,125 · management and general $4,125

• 24a · Other expenses: RECRUITMENT SCHOOL

  total $45,861 · program services $45,861

• 24b · Other expenses: COMMUNICATIONS EXPENSES

  total $40,000 · program services $40,000

• 24c · Other expenses: LOYALTY FUND EXPENSES

  total $22,185 · fundraising $22,185

• 24d · Other expenses: ADVISOR DEVELOPMENT

  total $6,022 · program services $6,022

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $48,550 · end of year $27,087

• 2 · Savings and temporary cash investments

  beginning of year $25,557 · end of year $127,930

• 3 · Pledges and grants receivable

  beginning of year $1,873,768 · end of year $1,160,607

• 4 · Accounts receivable

  beginning of year $80,586 · end of year $61,073

• 9 · Prepaid expenses and deferred charges

  beginning of year $7,796 · end of year $5,903

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

  $57,529

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

  $57,529

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $15,588,329 · end of year $16,324,252

• 15 · Other assets

  beginning of year $0 · end of year $104,000

• 17 · Accounts payable and accrued expenses

  beginning of year $5,334 · end of year $40,898

• 25 · Other liabilities

  beginning of year $211,360 · end of year $250,019

• 27 · Net assets without donor restrictions

  beginning of year $7,754,297 · end of year $7,725,589

• 28 · Net assets with donor restrictions

  beginning of year $9,653,595 · end of year $9,794,346

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, ALPHA GAMMA RHO, USING THE FOLLOWING METHODS: -COMPENSATION SURVEY OR STUDY