Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $200,476

• 1f · All other contributions, gifts and grants

  $3,396,272

• 1g · Noncash contributions included above

  $107,003

• 3 · Investment income

  total $5,346 · excluded $5,346

• 6a · Gross rents

  real property $20,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $20,000

• 6d · Net rental income or loss

  total $20,000 · excluded $20,000

• 8a · Fundraising events: gross income

  $105,882

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

  $200,476

• 8b · Fundraising events: direct expenses

  $105,882

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: CREDIT CARD REBATES &

  total $8,230 · excluded $8,230

• 11e · Other revenue, total

  $8,230

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,052 · program services $3,052

• 5 · Compensation of officers, directors and key employees

  total $334,187 · program services $279,101 · management and general $24,999 · fundraising $30,087

• 7 · Other salaries and wages

  total $1,006,764 · program services $848,266 · management and general $73,686 · fundraising $84,812

• 8 · Pension plan contributions

  total $37,984 · program services $30,468 · management and general $3,115 · fundraising $4,401

• 9 · Other employee benefits

  total $129,433 · program services $103,823 · management and general $10,614 · fundraising $14,996

• 10 · Payroll taxes

  total $98,193 · program services $83,586 · management and general $6,791 · fundraising $7,816

• 11b · Fees: legal

  total $10,446 · program services $9,651 · management and general $335 · fundraising $460

• 11c · Fees: accounting

  total $30,514 · program services $28,191 · management and general $978 · fundraising $1,345

• 11g · Fees: other

  total $809,636 · program services $748,001 · management and general $25,944 · fundraising $35,691

• 13 · Office expenses

  total $78,446 · program services $67,368 · management and general $8,598 · fundraising $2,480

• 16 · Occupancy

  total $164,123 · program services $137,864 · management and general $16,412 · fundraising $9,847

• 17 · Travel

  total $53,694 · program services $53,694

• 19 · Conferences, conventions and meetings

  total $19,133 · program services $19,133

• 22 · Depreciation, depletion and amortization

  total $8,932 · program services $8,932

• 23 · Insurance

  total $20,353 · program services $14,496 · management and general $5,156 · fundraising $701

• 24a · Other expenses: REPORTING ADVERTISEMENT

  total $67,775 · program services $67,775

• 24b · Other expenses: ADMINISTRATIVE

  total $55,558 · program services $53,648 · management and general $1,910

• 24c · Other expenses: PRINTING & GRAPHIC DESI

  total $50,051 · program services $50,051

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $36,591 · program services $36,591

• 24e · All other expenses

  total $37,459 · program services $24,768 · management and general $559 · fundraising $12,132

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,172,333 · end of year $1,153,630

• 2 · Savings and temporary cash investments

  beginning of year $418,387 · end of year $823,734

• 3 · Pledges and grants receivable

  beginning of year $362,000 · end of year $513,776

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,897 · end of year $47,420

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

  $57,764

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

  $39,550

• 10c · Land, buildings and equipment, net

  beginning of year $14,386 · end of year $18,214

• 15 · Other assets

  beginning of year $242,899 · end of year $91,111

• 17 · Accounts payable and accrued expenses

  beginning of year $97,315 · end of year $96,361

• 19 · Deferred revenue

  beginning of year $2,000 · end of year $2,000

• 25 · Other liabilities

  beginning of year $212,771 · end of year $62,708

• 27 · Net assets without donor restrictions

  beginning of year $763,011 · end of year $668,961

• 28 · Net assets with donor restrictions

  beginning of year $1,145,805 · end of year $1,817,855

The filer's explanations (Part III)

PART I, LINE 3

CAPITAL & MAIN'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION.