Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $180,125

• 1e · Government grants (contributions)

  $3,099,878

• 1f · All other contributions, gifts and grants

  $300,100

• 2a · Program service revenue: Contract Fees

  total $1,603,419 · related or exempt $1,603,419

• 2b · Program service revenue: Conferences

  total $385,491 · related or exempt $385,491

• 2c · Program service revenue: Management Fees

  total $455,102 · related or exempt $455,102

• 3 · Investment income

  total $82,112 · excluded $82,112

• 11a · Other revenue: Miscellaneous

  total $7,762 · related or exempt $7,762

• 11e · Other revenue, total

  $7,762

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $424,472 · program services $377,780 · management and general $46,692

• 7 · Other salaries and wages

  total $1,746,511 · program services $1,554,395 · management and general $192,116

• 8 · Pension plan contributions

  total $57,109 · program services $50,827 · management and general $6,282

• 9 · Other employee benefits

  total $228,825 · program services $203,654 · management and general $25,171

• 10 · Payroll taxes

  total $154,608 · program services $137,601 · management and general $17,007

• 11b · Fees: legal

  total $52,915 · program services $13,229 · management and general $39,686

• 11c · Fees: accounting

  total $63,404 · program services $39,945 · management and general $23,459

• 11g · Fees: other

  total $1,065,284 · program services $1,033,325 · management and general $31,959

• 12 · Advertising and promotion

  total $9,520 · program services $8,187 · management and general $1,333

• 13 · Office expenses

  total $107,410 · program services $17,069 · management and general $90,341

• 16 · Occupancy

  total $15,327 · program services $5,743 · management and general $9,584

• 17 · Travel

  total $78,278 · program services $75,147 · management and general $3,131

• 19 · Conferences, conventions and meetings

  total $282,646 · program services $265,687 · management and general $16,959

• 20 · Interest

  total $13,222 · program services $1,058 · management and general $12,164

• 22 · Depreciation, depletion and amortization

  total $40,575 · management and general $40,575

• 23 · Insurance

  total $30,879 · program services $5,249 · management and general $25,630

• 24a · Other expenses: Dues and Subscriptions

  total $41,335 · program services $20,254 · management and general $21,081

• 24b · Other expenses: Training and Membership Meet

  total $19,907 · program services $18,713 · management and general $1,194

• 24c · Other expenses: Repairs and Maintenance

  total $8,103 · program services $810 · management and general $7,293

• 24d · Other expenses: Meals and Entertainment

  total $18,223 · program services $1,458 · management and general $16,765

• 24e · All other expenses

  total $11,760 · program services $136 · management and general $11,624

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,825,912 · end of year $9,357,318

• 2 · Savings and temporary cash investments

  beginning of year $2,253,665 · end of year $2,332,747

• 3 · Pledges and grants receivable

  beginning of year $1,447,596 · end of year $431,874

• 4 · Accounts receivable

  beginning of year $1,483,335 · end of year $1,606,060

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,083 · end of year $30,764

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

  $1,383,393

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

  $540,201

• 10c · Land, buildings and equipment, net

  beginning of year $822,110 · end of year $843,192

• 12 · Investments: other securities

  beginning of year $62,770 · end of year $128,040

• 17 · Accounts payable and accrued expenses

  beginning of year $437,737 · end of year $242,319

• 19 · Deferred revenue

  beginning of year $1,200,000 · end of year $5,555,063

• 23 · Secured mortgages and notes payable

  beginning of year $311,602 · end of year $267,535

• 27 · Net assets without donor restrictions

  beginning of year $4,964,313 · end of year $6,550,259

• 28 · Net assets with donor restrictions

  beginning of year $1,991,819 · end of year $2,114,819

The filer's explanations (Part III)

Other non-fixed payments (Part I, line 7)

The non-fixed bonus payments were based on the following:The Executive Director may be entitiled to an annual bonus based upon (1) Receiving an average of at leaset 4 out of 5 meeting of expectations on most recent board evaluation, (2) completion of satisfactory financial audit without ongoing concerns, (3) a positive change in unrestricted net assets, (4) for creation of additional organization funding beyond approved budgetary amount and a minimum threshold of $50,000, and (5) approval by Health and Resources Services Administration of submitted work plan and receipt of their Notice of Grant Award for the current year.All other LPCA employees who have been employed five or more continuous consecutive years with the Organization.