Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $579,386

• 2a · Program service revenue: Sponsorship revenue

  total $3,036,498 · related or exempt $3,036,498

• 3 · Investment income

  total $3,995 · excluded $3,995

• 11d · All other revenue

  total $592 · excluded $592

• 11e · Other revenue, total

  $592

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $785,417 · program services $585,504 · management and general $199,913

• 6 · Compensation of disqualified persons

  total $164,288 · program services $125,916 · management and general $38,372

• 7 · Other salaries and wages

  total $777,710 · program services $561,741 · management and general $215,969

• 8 · Pension plan contributions

  total $32,880 · program services $24,002 · management and general $8,878

• 9 · Other employee benefits

  total $73,300 · program services $53,509 · management and general $19,791

• 10 · Payroll taxes

  total $76,418 · program services $55,785 · management and general $20,633

• 11b · Fees: legal

  total $16,360 · program services $16,360

• 11c · Fees: accounting

  total $24,065 · management and general $24,065

• 11g · Fees: other

  total $479,656 · program services $477,817 · management and general $1,839

• 12 · Advertising and promotion

  total $5,984 · management and general $5,984

• 13 · Office expenses

  total $389,916 · program services $112,116 · management and general $277,800

• 14 · Information technology

  total $87,867 · program services $64,143 · management and general $23,724

• 16 · Occupancy

  total $130,171 · program services $95,025 · management and general $35,146

• 17 · Travel

  total $102,636 · program services $98,412 · management and general $4,224

• 19 · Conferences, conventions and meetings

  total $48,210 · management and general $48,210

• 22 · Depreciation, depletion and amortization

  total $43,047 · program services $31,424 · management and general $11,623

• 23 · Insurance

  total $22,475 · management and general $22,475

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $420,953 · end of year $387,780

• 2 · Savings and temporary cash investments

  beginning of year $285,275 · end of year $295,016

• 4 · Accounts receivable

  beginning of year $12,300 · end of year $16,700

• 9 · Prepaid expenses and deferred charges

  beginning of year $30,980 · end of year $33,723

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

  $722,636

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

  $403,586

• 10c · Land, buildings and equipment, net

  beginning of year $144,742 · end of year $319,050

• 11 · Investments: publicly traded securities

  beginning of year $212,134 · end of year $212,985

• 15 · Other assets

  beginning of year $0 · end of year $419,193

• 17 · Accounts payable and accrued expenses

  beginning of year $183,644 · end of year $122,863

• 19 · Deferred revenue

  beginning of year $38,550 · end of year $2,050

• 25 · Other liabilities

  beginning of year $0 · end of year $444,676

• 27 · Net assets without donor restrictions

  beginning of year $884,190 · end of year $1,114,858

The filer's explanations (Part III)

Part I, Line 1a

Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. The officers who met the qualifications for and received a ministerial housing allowance during the tax year include: 1. D. Clay Perkins (Executive Vice President) 2. Michael S. Prior (President)