Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,900,016

• 2a · Program service revenue: PROGRAM SERVICE FEES

  total $1,494,932 · related or exempt $1,494,932

• 11a · Other revenue: OTHER INCOME (LOSS)

  total $1,314 · excluded $1,314

• 11e · Other revenue, total

  $1,314

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $407,767 · program services $163,107 · management and general $40,776 · fundraising $203,884

• 7 · Other salaries and wages

  total $2,066,298 · program services $1,705,847 · management and general $179,731 · fundraising $180,720

• 8 · Pension plan contributions

  total $117,104 · program services $96,833 · management and general $10,181 · fundraising $10,090

• 9 · Other employee benefits

  total $528,872 · program services $416,572 · management and general $46,615 · fundraising $65,685

• 10 · Payroll taxes

  total $179,049 · program services $136,716 · management and general $15,913 · fundraising $26,420

• 11b · Fees: legal

  total $3,054 · program services $2,749 · management and general $305

• 11c · Fees: accounting

  total $37,263 · management and general $37,263

• 11g · Fees: other

  total $117,523 · program services $66,763 · management and general $50,760

• 13 · Office expenses

  total $1,069 · program services $855 · management and general $214

• 14 · Information technology

  total $388,264 · program services $306,894 · management and general $81,370

• 17 · Travel

  total $45,877 · program services $27,836 · management and general $18,041

• 22 · Depreciation, depletion and amortization

  total $5,682 · program services $4,339 · management and general $505 · fundraising $838

• 23 · Insurance

  total $14,843 · management and general $14,843

• 24a · Other expenses: SUBSCRIPTIONS/RESEARCH

  total $166,052 · program services $165,969 · management and general $83

• 24b · Other expenses: DESIGN/COMMUNICATIONS

  total $80,146 · program services $80,146

• 24c · Other expenses: MISCELLANEOUS

  total $16,744 · management and general $16,744

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $639,212 · end of year $726,149

• 2 · Savings and temporary cash investments

  beginning of year $333,471 · end of year $33,516

• 3 · Pledges and grants receivable

  beginning of year $375,000

• 4 · Accounts receivable

  beginning of year $9,969 · end of year $15,333

• 9 · Prepaid expenses and deferred charges

  beginning of year $34,208 · end of year $30,249

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

  $39,035

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

  $18,365

• 10c · Land, buildings and equipment, net

  beginning of year $19,963 · end of year $20,670

• 15 · Other assets

  beginning of year $2,960 · end of year $2,960

• 17 · Accounts payable and accrued expenses

  beginning of year $158,189 · end of year $141,485

• 19 · Deferred revenue

  end of year $210,143

• 27 · Net assets without donor restrictions

  beginning of year $731,594 · end of year $252,249

• 28 · Net assets with donor restrictions

  beginning of year $525,000 · end of year $225,000

The filer's explanations (Part III)

PART I, LINE 5

BRIAN WANIEWSKI, EXECUTIVE DIRECTOR, RECEIVED INCENTIVE COMPENSATION OF $50,000, ACCRUED AND INCLUDED IN DEFERRED COMPENSATION AS OF DECEMBER 31, 2023, TO BE PAID IN 2024, BASED ON A PERCENTAGE OF CERTAIN CONTRIBUTION REVENUE RAISED DURING A SPECIFIED PERIOD, AND SUBJECT TO A MAXIMUM AMOUNT BY CONTRACT. INCENTIVE AND BONUS COMPENSATION TOTALING $81,697, WHICH INCLUDED $50,000 THAT WAS ACCRUED AS OF DECEMBER 31, 2022, WAS PAID IN 2023.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• HARMONY LABS LLC

  TO CONDUCT ACCELERATOR PROGRAM · DE · income $0 · assets $0

  Directly controlled by HARMONY LABS INC