Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $99,571

• 1f · All other contributions, gifts and grants

  $832,972

• 1g · Noncash contributions included above

  $52,328

• 3 · Investment income

  total $445,675 · excluded $445,675

• 7a · Gross sales of assets other than inventory

  securities $348,550

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

  securities $305,664

• 7c · Gain or loss

  securities $42,886

• 7d · Net gain or loss

  total $42,886 · excluded $42,886

• 8a · Fundraising events: gross income

  $40,310

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

  $99,571

• 8b · Fundraising events: direct expenses

  $29,485

• 8c · Net income from fundraising events

  total $10,825 · excluded $10,825

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $563,557 · program services $563,557

• 2 · Grants to domestic individuals

  total $312,447 · program services $312,447

• 12 · Advertising and promotion

  total $9,915 · management and general $9,915

• 16 · Occupancy

  total $23,950 · management and general $23,950

• 17 · Travel

  total $7,150 · management and general $7,150

• 23 · Insurance

  total $1,233 · management and general $1,233

• 24a · Other expenses: SUPPLIES

  total $58,351 · management and general $58,351

• 24b · Other expenses: OTHER PROFESSIONAL SERV

  total $23,302 · management and general $23,302

• 24c · Other expenses: MISC

  total $19,682 · management and general $19,682

• 24d · Other expenses: MEMBERSHIP DUES

  total $13,135 · management and general $13,135

• 24e · All other expenses

  total $9,145 · management and general $6,508 · fundraising $2,637

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $243,584 · end of year $246,482

• 2 · Savings and temporary cash investments

  beginning of year $960,027 · end of year $802,146

• 3 · Pledges and grants receivable

  beginning of year $591,516 · end of year $421,090

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,500 · end of year $520

• 12 · Investments: other securities

  beginning of year $20,910,389 · end of year $24,484,489

• 17 · Accounts payable and accrued expenses

  beginning of year $1,039 · end of year $8,678

• 27 · Net assets without donor restrictions

  beginning of year $2,279,832 · end of year $3,051,343

• 28 · Net assets with donor restrictions

  beginning of year $20,426,144 · end of year $22,894,706

The filer's explanations (Part III)

PART I, LINE 1A

L. ANTHONY WISE RECEIVES AN ANNUAL MONETARY HOUSING ALLOWANCE OF $10,800, A DISCRETIONARY EXPENSE ACCOUNT ALLOWANCE OF $5,200, AND A $2,500 LONGEVITY BONUS AS PART OF HIS COMPENSATION FROM THE COLLEGE. ANEISA ROEN RECEIVES A DISCRETIONARY EXPENSE ACCOUNT ALLOWANCE OF $1,200, AND A $900 LONGEVITY BONUS AS PART OF HER COMPENSATION FROM THE COLLEGE.