Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $35,200

• 1f · All other contributions, gifts and grants

  $5,419,722

• 1g · Noncash contributions included above

  $203,897

• 3 · Investment income

  total $1,002,639 · excluded $1,002,639

• 7a · Gross sales of assets other than inventory

  securities $28,843,228

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

  securities $21,436,539

• 7c · Gain or loss

  securities $7,406,689

• 7d · Net gain or loss

  total $7,406,689 · related or exempt $7,406,689

• 8a · Fundraising events: gross income

  $1,083,295

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

  $35,200

• 8b · Fundraising events: direct expenses

  $300,613

• 8c · Net income from fundraising events

  total $782,682 · excluded $782,682

• 11a · Other revenue: INCOME FROM DEFERRED COMPENSATION

  total $28,380 · excluded $28,380

• 11e · Other revenue, total

  $28,380

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $13,328,664 · program services $13,328,664

• 5 · Compensation of officers, directors and key employees

  total $564,415 · program services $344,495 · management and general $219,920

• 7 · Other salaries and wages

  total $629,088 · program services $383,968 · management and general $245,120

• 8 · Pension plan contributions

  total $40,652 · program services $29,271 · management and general $11,381

• 9 · Other employee benefits

  total $213,019 · program services $151,001 · management and general $62,018

• 10 · Payroll taxes

  total $138,785 · program services $107,565 · management and general $31,220

• 11b · Fees: legal

  total $7,583 · management and general $7,583

• 11c · Fees: accounting

  total $54,500 · management and general $54,500

• 11g · Fees: other

  total $823,641 · program services $750,107 · management and general $73,534

• 12 · Advertising and promotion

  total $280,709 · program services $280,709

• 16 · Occupancy

  total $76,980 · program services $49,609 · management and general $27,371

• 17 · Travel

  total $53,109 · program services $52,521 · management and general $588

• 19 · Conferences, conventions and meetings

  total $6,768 · program services $6,768

• 24a · Other expenses: CAPITAL CAMPAIGNS

  total $335,841 · program services $335,841

• 24b · Other expenses: DONOR RECOGNITION EXPEN

  total $112,148 · program services $112,101 · management and general $47

• 24c · Other expenses: MAINTENANCE AND SOFTWAR

  total $75,279 · program services $75,279

• 24d · Other expenses: BAD DEBT EXPENSE

  total $69,950 · program services $69,950

• 24e · All other expenses

  total $89,617 · program services $72,930 · management and general $16,687

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,657,012 · end of year $7,690,945

• 2 · Savings and temporary cash investments

  beginning of year $1,609,357 · end of year $890,397

• 3 · Pledges and grants receivable

  beginning of year $6,531,260 · end of year $4,980,477

• 9 · Prepaid expenses and deferred charges

  beginning of year $386,704 · end of year $492,463

• 11 · Investments: publicly traded securities

  beginning of year $106,465,927 · end of year $84,183,721

• 15 · Other assets

  beginning of year $311,208 · end of year $325,803

• 17 · Accounts payable and accrued expenses

  beginning of year $3,983,790 · end of year $2,907,365

• 25 · Other liabilities

  beginning of year $2,547,118 · end of year $39,770,645

• 27 · Net assets without donor restrictions

  beginning of year $95,663,045 · end of year $35,109,334

• 28 · Net assets with donor restrictions

  beginning of year $24,767,515 · end of year $20,776,462

The filer's explanations (Part III)

PART I, LINE 4B

PHILIP SALERNO III IS THE BENEFICIARY OF A DEFERRED COMPENSATION TRUST. SUCH DEFERRED COMPENSATION IS SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. ACCORDINGLY, THE BENEFICIARY MAY NEVER ACTUALLY RECEIVE THE UNVESTED BENEFIT AMOUNT. CURRENT YEAR DEFERRED COMPENSATION PLAN CONTRIBUTIONS INCLUDED IN DEFERRED COMPENSATION FOR PHILIP SALERNO III WERE $25,000. THE AMOUNTS REFLECTED IN SCHEDULE J PART II COLUMN F INCLUDES VESTED BENEFITS IN A IRC SECTION 457(F) (NON-QUALIFIED DEFERRED COMPENSATION) AS THE AMOUNT NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE.

PART I, LINE 5

CERTAIN INDIVIDUALS RECEIVED A BONUS DURING 2022 THAT IS INCLUDED IN COLUMN B(II)