Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $194,120

• 3 · Investment income

  total $162,049 · excluded $162,049

• 7a · Gross sales of assets other than inventory

  securities $220

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

  securities $0

• 7c · Gain or loss

  securities $220

• 7d · Net gain or loss

  total $220 · excluded $220

• 8a · Fundraising events: gross income

  $5,789

• 8b · Fundraising events: direct expenses

  $20,222

• 8c · Net income from fundraising events

  total -$14,433 · excluded -$14,433

• 10a · Gross sales of inventory

  $18,329

• 10b · Cost of goods sold

  $14,898

• 10c · Net income from sales of inventory

  total $3,431 · excluded $3,431

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,233 · program services $7,233

• 7 · Other salaries and wages

  total $71,786 · fundraising $71,786

• 8 · Pension plan contributions

  total $2,864 · fundraising $2,864

• 9 · Other employee benefits

  total $6,338 · fundraising $6,338

• 10 · Payroll taxes

  total $5,270 · fundraising $5,270

• 11c · Fees: accounting

  total $4,000 · management and general $4,000

• 11g · Fees: other

  total $12,000 · management and general $12,000

• 13 · Office expenses

  total $15,522 · fundraising $15,522

• 19 · Conferences, conventions and meetings

  total $59 · fundraising $59

• 20 · Interest

  total $13,718 · management and general $13,718

• 22 · Depreciation, depletion and amortization

  total $7 · fundraising $7

• 24a · Other expenses: Gift Annuity Expense

  total $2,197 · fundraising $2,197

• 24b · Other expenses: Memberships

  total $1,085 · fundraising $1,085

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $255,135 · end of year $252,415

• 4 · Accounts receivable

  beginning of year $34,859 · end of year $39,367

• 8 · Inventories for sale or use

  beginning of year $6,566 · end of year $4,750

• 9 · Prepaid expenses and deferred charges

  beginning of year $14,730 · end of year $15,264

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

  $23,887

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

  $23,883

• 10c · Land, buildings and equipment, net

  beginning of year $10 · end of year $4

• 11 · Investments: publicly traded securities

  beginning of year $7,091,790 · end of year $6,520,674

• 15 · Other assets

  beginning of year $313,706 · end of year $102,506

• 17 · Accounts payable and accrued expenses

  beginning of year $15,547 · end of year $15,342

• 23 · Secured mortgages and notes payable

  beginning of year $424,169 · end of year $246,899

• 25 · Other liabilities

  beginning of year $255,816 · end of year $70,752

• 27 · Net assets without donor restrictions

  beginning of year $6,377,918 · end of year $6,015,496

• 28 · Net assets with donor restrictions

  beginning of year $643,346 · end of year $586,491

The filer's explanations (Part III)

Part I, Line 3

The CEO is paid by a related exempt organization using comparability data; however, the Board of the related exempt organization also serves as the Board of the filing organization.

Disregarded entities

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

• Bethany on 42nd LLC

  No activity · ND · income $0 · assets $0

  Directly controlled by Bethany Homes Inc