Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $1,376 · excluded $1,376

• 6b · Less rental expenses

  real property $12,062

• 6c · Rental income or loss

  real property -$12,062

• 6d · Net rental income or loss

  total -$12,062 · related or exempt -$12,062

• 7a · Gross sales of assets other than inventory

  securities $2,850,612

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

  securities $2,886,234

• 7c · Gain or loss

  securities -$35,622

• 7d · Net gain or loss

  total -$35,622 · excluded -$35,622

• 8a · Fundraising events: gross income

  $2,257,555

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

  $1,546,156

• 8b · Fundraising events: direct expenses

  $2,257,555

• 8c · Net income from fundraising events

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $343,199 · fundraising $343,199

• 8 · Pension plan contributions

  total $2,728,459 · fundraising $2,728,459

• 9 · Other employee benefits

  total $639,826 · fundraising $639,826

• 10 · Payroll taxes

  total $212,866 · fundraising $212,866

• 11c · Fees: accounting

  total $2,200 · fundraising $2,200

• 11g · Fees: other

  total $18,913 · fundraising $18,913

• 12 · Advertising and promotion

  total $383,011 · fundraising $383,011

• 13 · Office expenses

  total $54,523 · fundraising $54,523

• 14 · Information technology

  total $213,200 · fundraising $213,200

• 16 · Occupancy

  total $425 · fundraising $425

• 17 · Travel

  total $103,945 · fundraising $103,945

• 19 · Conferences, conventions and meetings

  total $88,542 · fundraising $88,542

• 22 · Depreciation, depletion and amortization

  total $1,241 · fundraising $1,241

• 24a · Other expenses: MISCELLANEOUS

  total $167,399 · fundraising $167,399

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,907 · end of year $1,907

• 2 · Savings and temporary cash investments

  beginning of year $3,735,553 · end of year $4,262,532

• 3 · Pledges and grants receivable

  beginning of year $146,208,110 · end of year $126,801,348

• 9 · Prepaid expenses and deferred charges

  beginning of year $93,096 · end of year $99,834

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

  $412,748

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

  $224,917

• 10c · Land, buildings and equipment, net

  beginning of year $189,072 · end of year $187,831

• 11 · Investments: publicly traded securities

  beginning of year $5,090

• 15 · Other assets

  beginning of year $241,978 · end of year $328,770

• 17 · Accounts payable and accrued expenses

  beginning of year $90,189 · end of year $84,043

• 19 · Deferred revenue

  beginning of year $429,792 · end of year $162,617

• 27 · Net assets without donor restrictions

  beginning of year $3,801,935 · end of year $4,667,539

• 28 · Net assets with donor restrictions

  beginning of year $146,152,890 · end of year $126,768,023

The filer's explanations (Part III)

PART I, LINE 6

THE SHEPHERD CENTER'S EXECUTIVE LEADERSHIP TEAM APPROVED A "SHEPHERD SHARE" BONUS TO QUALIFIED EMPLOYES FOR FY 2024, THAT WAS PAID IN FY 2025. THIS YEAR'S BONUS WAS BASED ON VARIOUS FACTORS INCLUDING PATIENT OUTCOMES, CUSTOMER SERVICE (INTERNAL AND EXTERNAL), AND FISCAL PERFORMANCE."