Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $21,477

• 1f · All other contributions, gifts and grants

  $229,915

• 1g · Noncash contributions included above

  $87

• 3 · Investment income

  total $90,899 · excluded $90,899

• 7a · Gross sales of assets other than inventory

  securities $877,190

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

  securities $829,130

• 7c · Gain or loss

  securities $48,060

• 7d · Net gain or loss

  total $48,060 · excluded $48,060

• 8a · Fundraising events: gross income

  $180

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

  $21,477

• 8b · Fundraising events: direct expenses

  $2,104

• 8c · Net income from fundraising events

  total -$1,924 · excluded -$1,924

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $61,405 · program services $61,405

• 2 · Grants to domestic individuals

  total $40,221 · program services $40,221

• 5 · Compensation of officers, directors and key employees

  total $85,131 · management and general $85,131

• 11a · Fees: management

  total $8,773 · management and general $8,773

• 11f · Fees: investment management

  total $11,035 · management and general $11,035

• 13 · Office expenses

  total $6,882 · management and general $6,882

• 14 · Information technology

  total $5,326 · management and general $5,326

• 22 · Depreciation, depletion and amortization

  total $407 · management and general $407

• 24e · All other expenses

  total $183 · management and general $183

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $20,228 · end of year $63,951

• 2 · Savings and temporary cash investments

  beginning of year $1,532,802 · end of year $1,498,377

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,439 · end of year $4,439

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

  $10,686

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

  $10,686

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $4,655,793 · end of year $3,776,281

• 15 · Other assets

  beginning of year $816 · end of year $1,745

• 17 · Accounts payable and accrued expenses

  beginning of year $13,995 · end of year $5,010

• 18 · Grants payable

  beginning of year $3,369 · end of year $15,000

• 21 · Escrow or custodial account liability

  beginning of year $570,986 · end of year $485,777

• 27 · Net assets without donor restrictions

  beginning of year $4,663,912 · end of year $3,826,406

• 28 · Net assets with donor restrictions

  beginning of year $961,816 · end of year $1,012,600

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A

THE ORGANIZATION REIMBURSES A NON-RELATED ENTITY FOR THE SERVICES OF SHERRY EVENSON. THE ORGANIZATION DOES NOT ISSUE ANY W-2'S; HOWEVER, THEY ARE FAMILIAR WITH THE REPORTABLE WAGES AND OTHER COMPENSATION DUE TO THEIR RELATIONSHIP WITH THE OTHER ENTITY (ASPIRUS RIVERVIEW HOSPITAL AND ASPIRUS INC), WHICH FOR 990 PURPOSES IS NOT RELATED. PER INSTRUCTIONS FOR PART VII, LINE 5, THE ORGANIZATION INCLUDED THOSE REPORTED WAGES AND OTHER BENEFITS IN COLUMN (D) AND (F) OF PART VII, SECTION A.