Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $954,940

• 1e · Government grants (contributions)

  $6,014,454

• 1f · All other contributions, gifts and grants

  $1,135,841

• 1g · Noncash contributions included above

  $100,172

• 2a · Program service revenue: FEES FOR SERVICE

  total $403,764 · related or exempt $403,764

• 3 · Investment income

  total $12,231 · excluded $12,231

• 7a · Gross sales of assets other than inventory

  securities $64,045

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

  securities $64,776

• 7c · Gain or loss

  securities -$731

• 7d · Net gain or loss

  total -$731 · excluded -$731

• 8a · Fundraising events: gross income

  $0

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

  $954,940

• 8b · Fundraising events: direct expenses

  $203,368

• 8c · Net income from fundraising events

  total -$203,368 · excluded -$203,368

• 11a · Other revenue: MISCELLANEOUS

  total $203,963 · excluded $203,963

• 11e · Other revenue, total

  $203,963

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $58,922 · program services $58,922

• 5 · Compensation of officers, directors and key employees

  total $425,372 · management and general $385,319 · fundraising $40,053

• 7 · Other salaries and wages

  total $5,370,608 · program services $4,311,165 · management and general $250,548 · fundraising $808,895

• 8 · Pension plan contributions

  total $149,131 · program services $130,021 · management and general $8,168 · fundraising $10,942

• 9 · Other employee benefits

  total $572,701 · program services $441,806 · management and general $22,730 · fundraising $108,165

• 10 · Payroll taxes

  total $401,287 · program services $334,019 · management and general $19,388 · fundraising $47,880

• 11c · Fees: accounting

  total $18,980 · management and general $18,980

• 11g · Fees: other

  total $818,551 · program services $676,118 · management and general $127,861 · fundraising $14,572

• 12 · Advertising and promotion

  total $6,883 · program services $2,408 · management and general $245 · fundraising $4,230

• 13 · Office expenses

  total $61,355 · program services $29,834 · management and general $2,479 · fundraising $29,042

• 14 · Information technology

  total $73,888 · program services $57,673 · management and general $7,021 · fundraising $9,194

• 16 · Occupancy

  total $382,947 · program services $311,256 · management and general $29,591 · fundraising $42,100

• 17 · Travel

  total $114,843 · program services $58,124 · management and general $4,732 · fundraising $51,987

• 19 · Conferences, conventions and meetings

  total $21,051 · program services $9,470 · fundraising $11,581

• 20 · Interest

  total $4,896 · program services $3,582 · management and general $634 · fundraising $680

• 22 · Depreciation, depletion and amortization

  total $155,880 · program services $120,658 · management and general $12,377 · fundraising $22,845

• 23 · Insurance

  total $37,232 · program services $24,739 · management and general $8,416 · fundraising $4,077

• 24a · Other expenses: SOFTWARE AND IT LICENSE

  total $118,336 · program services $65,805 · management and general $16,880 · fundraising $35,651

• 24b · Other expenses: PAYROLL AND BENEFIT ADM

  total $55,274 · program services $42,566 · management and general $4,580 · fundraising $8,128

• 24c · Other expenses: 3RD PARTY ADMIN FEES

  total $23,614 · program services $2,492 · management and general $27 · fundraising $21,095

• 24d · Other expenses: STAFF AND VOLUNTEER REC

  total $22,248 · program services $12,864 · management and general $5,747 · fundraising $3,637

• 24e · All other expenses

  total $32,514 · program services $12,570 · management and general $4,728 · fundraising $15,216

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,307,096 · end of year $487,680

• 2 · Savings and temporary cash investments

  beginning of year $604,797 · end of year $404,569

• 3 · Pledges and grants receivable

  beginning of year $1,440,651 · end of year $1,989,951

• 4 · Accounts receivable

  beginning of year $6,620 · end of year $7,268

• 9 · Prepaid expenses and deferred charges

  beginning of year $390,960 · end of year $435,233

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

  $1,656,704

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

  $854,289

• 10c · Land, buildings and equipment, net

  beginning of year $958,295 · end of year $802,415

• 15 · Other assets

  beginning of year $1,146,388 · end of year $967,116

• 17 · Accounts payable and accrued expenses

  beginning of year $683,225 · end of year $628,877

• 19 · Deferred revenue

  beginning of year $3,540 · end of year $10,263

• 24 · Unsecured notes and loans payable

  beginning of year $121,853 · end of year $54,789

• 25 · Other liabilities

  beginning of year $1,931,858 · end of year $1,691,391

• 27 · Net assets without donor restrictions

  beginning of year $2,332,781 · end of year $1,663,197

• 28 · Net assets with donor restrictions

  beginning of year $781,550 · end of year $1,045,715

The filer's explanations (Part III)

PART I, LINE 3

KCSARC COMPENSATION PHILOSOPHY VALUES BOTH INTERNAL AND EXTERNAL EQUITY. INTERNALLY, ALL POSITIONS ARE GRADED BASED ON KNOWLEDGE, SCOPE OF DECISION-MAKING, INTERPERSONAL SKILLS, LEADERSHIP, WORK INDEPENDENCE, AND CREATIVITY. WE THEN LOOK AT KEY POSITIONS AND COMPARE SALARIES IN THE EXTERNAL MARKET. THE COMPENSATION GRID IS BASED ON AN INDUSTRY STANDARD WITH 12 JOB GRADES AND 10% BETWEEN EACH GRADE. WE BELIEVE THAT WE HAVE A COMPETITIVE COMPENSATION SYSTEM WHICH HONORS THE VALUE OF THE POSITION IN THE GENERAL MARKET AS WELL AS PROMOTING EQUITY WITHIN THE AGENCY. THE KCSARC BOARD OF DIRECTORS HAS USED AN INDEPENDENT REVIEW IN ORDER TO SET THE EXECUTIVE DIRECTOR'S COMPENSATION. THIS WAS LAST REVIEWED IN 2023. THE BOARD OF DIRECTORS MAY REVIEW THE COMPENSATION OF THE DEPUTY EXECUTIVE DIRECTOR, HOWEVER FINAL DECISIONS REGARDING COMPENSATION ARE IN THE PURVIEW OF THE EXECUTIVE DIRECTOR.