Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,678,833

• 2a · Program service revenue: MEMBERSHIP DUES

  total $6,015,029 · related or exempt $6,015,029

• 2b · Program service revenue: SPONSORSHIPS

  total $3,060,163 · related or exempt $3,060,163

• 2c · Program service revenue: CONFERENCE REGISTRATIONS

  total $2,516,668 · related or exempt $2,516,668

• 2d · Program service revenue: AWARDS REVENUE

  total $894,113 · related or exempt $894,113

• 2e · Program service revenue: PRODUCT SALES & LICENSING

  total $482,600 · related or exempt $482,600

• 2f · All other program service revenue

  total $322,720 · related or exempt $308,720 · unrelated business $14,000

• 3 · Investment income

  total $71,333 · excluded $71,333

• 5 · Royalties

  total $16,425 · excluded $16,425

• 6a · Gross rents

  real property $50,029

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $50,029

• 6d · Net rental income or loss

  total $50,029 · excluded $50,029

• 7a · Gross sales of assets other than inventory

  securities $932,152

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

  securities $223,885

• 7c · Gain or loss

  securities $708,267

• 7d · Net gain or loss

  total $708,267 · excluded $708,267

• 11a · Other revenue: OTHER INCOME

  total $56,137 · excluded $56,137

• 11e · Other revenue, total

  $56,137

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,467,688

• 7 · Other salaries and wages

  total $5,071,156

• 8 · Pension plan contributions

  total $185,216

• 9 · Other employee benefits

  total $380,862

• 10 · Payroll taxes

  total $485,873

• 11b · Fees: legal

  total $93,048

• 11c · Fees: accounting

  total $412,214

• 11d · Fees: lobbying

  total $641,358

• 11f · Fees: investment management

  total $19,127

• 11g · Fees: other

  total $2,200,639

• 12 · Advertising and promotion

  total $173,088

• 13 · Office expenses

  total $505,336

• 14 · Information technology

  total $760,417

• 15 · Royalties

  total $891,284

• 16 · Occupancy

  total $546,147

• 17 · Travel

  total $953,636

• 19 · Conferences, conventions and meetings

  total $4,227,921

• 20 · Interest

  total $29,766

• 22 · Depreciation, depletion and amortization

  total $36,057

• 23 · Insurance

  total $86,408

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $110,055

• 24b · Other expenses: OTHER EXPENSES

  total $25,969

• 24c · Other expenses: BAD DEBT EXPENSE

  total $18,333

• 24d · Other expenses: TAXES & FEES

  total $6,490

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,961,258 · end of year $465,454

• 2 · Savings and temporary cash investments

  beginning of year $730,023 · end of year $1,301,513

• 3 · Pledges and grants receivable

  end of year $278,075

• 4 · Accounts receivable

  beginning of year $584,464 · end of year $138,677

• 9 · Prepaid expenses and deferred charges

  beginning of year $908,319 · end of year $456,377

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

  $320,231

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

  $291,295

• 10c · Land, buildings and equipment, net

  beginning of year $64,992 · end of year $28,936

• 11 · Investments: publicly traded securities

  beginning of year $2,474,164 · end of year $2,406,357

• 15 · Other assets

  beginning of year $999,364 · end of year $1,492,292

• 17 · Accounts payable and accrued expenses

  beginning of year $2,615,237 · end of year $2,420,048

• 19 · Deferred revenue

  beginning of year $2,786,610 · end of year $3,459,501

• 23 · Secured mortgages and notes payable

  beginning of year $1,000,000 · end of year $603,604

• 25 · Other liabilities

  beginning of year $681,782 · end of year $1,710,002

• 27 · Net assets without donor restrictions

  beginning of year $238,376 · end of year -$1,799,969

• 28 · Net assets with donor restrictions

  beginning of year $400,579 · end of year $174,495

The filer's explanations (Part III)

PART I, LINE 1A

FINSECA PAYS $60/MONTH NON-TAXABLE BENEFIT FOR ALL EMPLOYEES TO PUT TOWARDS GYM/HEALTH CLUB DUES. MR. CADIN, CEO, DID NOT SUBMIT FOR REIMBURSEMENT BUT IS ELIGIBLE TO DO SO SHOULD HE WISH.

PART I, LINE 4A

DAVID STERZER, SEVERANCE: $500,000 SUZANNE JACOBS, SEVERANCE: $77,147