Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SALES, NET OF DISCOUNTS

  total $122,945,986 · related or exempt $122,945,986

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

  other assets $7,865

• 7c · Gain or loss

  other assets -$7,865

• 7d · Net gain or loss

  total -$7,865 · excluded -$7,865

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,277,746 · management and general $1,277,746

• 7 · Other salaries and wages

  total $42,210,829 · program services $36,804,701 · management and general $5,406,128

• 8 · Pension plan contributions

  total $1,675,943 · program services $1,506,839 · management and general $169,104

• 9 · Other employee benefits

  total $8,199,650 · program services $6,915,105 · management and general $1,284,545

• 10 · Payroll taxes

  total $3,909,236 · program services $3,373,785 · management and general $535,451

• 11b · Fees: legal

  total $176,400 · program services $25,570 · management and general $150,830

• 11c · Fees: accounting

  total $234,818 · management and general $234,818

• 11g · Fees: other

  total $16,519,905 · program services $15,372,662 · management and general $1,147,243

• 12 · Advertising and promotion

  total $17,107 · program services $16,241 · management and general $866

• 13 · Office expenses

  total $1,537,683 · program services $1,279,610 · management and general $258,073

• 14 · Information technology

  total $4,644,425 · program services $960,122 · management and general $3,684,303

• 16 · Occupancy

  total $1,882,762 · program services $1,017,455 · management and general $865,307

• 17 · Travel

  total $165,997 · program services $117,952 · management and general $48,045

• 20 · Interest

  total $221,396 · management and general $221,396

• 22 · Depreciation, depletion and amortization

  total $3,870,072 · program services $3,018,790 · management and general $851,282

• 23 · Insurance

  total $378,003 · management and general $378,003

• 24a · Other expenses: SUPPLIES

  total $33,328,314 · program services $33,328,314

• 24b · Other expenses: EQUIPMENT EXPENSES

  total $2,331,147 · program services $1,939,842 · management and general $391,305

• 24c · Other expenses: FEES

  total $229,067 · program services $170,810 · management and general $58,257

• 24e · All other expenses

  total $127,621 · program services $9,923 · management and general $117,698

Balance sheet

Part X, book values.

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,782,891 · end of year $2,133,650

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

  $18,723,598

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

  $15,627,351

• 10c · Land, buildings and equipment, net

  beginning of year $3,711,271 · end of year $3,096,247

• 15 · Other assets

  beginning of year $20,154,504 · end of year $19,167,127

• 17 · Accounts payable and accrued expenses

  beginning of year $4,174,086 · end of year $3,198,557

• 25 · Other liabilities

  beginning of year $9,037,665 · end of year $7,761,552

• 27 · Net assets without donor restrictions

  beginning of year $13,436,915 · end of year $13,436,915

The filer's explanations (Part III)

PART I, LINE 3

ALTHOUGH THE FILING ORGANIZATION DOES NOT ISSUE FORMS W-2, IT DOES REPORT THE REIMBURSED SALARIES AND RELATED PAYROLL EXPENSES ON FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES. AS SUCH, THE ORGANIZATION IS ANSWERING SCHEDULE J AS THOUGH THE COMPENSATION IS COMING FROM THE ORGANIZATION.

PART I, LINE 4A

NICHOLAS DAYAN RECEIVED SEVERANCE PAY OF $46,154 IN 2023.

PART I, LINE 6

BONUS COMPENSATION IS PAID BASED ON A COMPARISON OF ACTUAL NET INCOME TO BUDGETED NET INCOME FOR EACH QUARTER.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• TRICORE REFERENCE LABORATORIES

  C · LABORATORY TESTING · NM