Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $6,143,913

• 1c · Fundraising events

  $2,598,089

• 1d · Related organizations

  $34,045,757

• 1e · Government grants (contributions)

  $1,078,735

• 1f · All other contributions, gifts and grants

  $166,921

• 3 · Investment income

  total $0

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7d · Net gain or loss

  total $0

• 8a · Fundraising events: gross income

  $287,383

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

  $2,598,089

• 8b · Fundraising events: direct expenses

  $93,687

• 8c · Net income from fundraising events

  total $193,696 · unrelated business $0 · excluded $193,696

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: CHANGE IN VALUE OF POOLED FUNDS

  total $901,470 · excluded $901,470

• 11b · Other revenue: OTHER GAINS/LOSSES

  total $280,841 · excluded $280,841

• 11c · Other revenue: ERTC FUNDS

  total $103,263 · excluded $103,263

• 11d · All other revenue

  total $4,499 · related or exempt $4,499

• 11e · Other revenue, total

  $1,290,073

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,075,939 · program services $2,075,939

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $1,911,001 · program services $1,715,484 · management and general $101,857 · fundraising $93,660

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $20,568,279 · program services $19,697,994 · management and general $6,012 · fundraising $864,273

• 8 · Pension plan contributions

  total $1,899,478 · program services $1,693,652 · management and general $26,064 · fundraising $179,762

• 9 · Other employee benefits

  total $2,060,811 · program services $1,838,115 · management and general $32,280 · fundraising $190,416

• 10 · Payroll taxes

  total $1,574,087 · program services $1,521,395 · management and general $3,576 · fundraising $49,116

• 11a · Fees: management

  total $77,814 · program services $68,938 · management and general $1,296 · fundraising $7,580

• 11b · Fees: legal

  total $195,264 · program services $172,990 · management and general $3,252 · fundraising $19,022

• 11c · Fees: accounting

  total $33,852 · program services $29,990 · management and general $564 · fundraising $3,298

• 11d · Fees: lobbying

  total $1,557,114 · program services $1,557,114

• 11e · Fees: professional fundraising services

  total $200,000 · fundraising $200,000

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $8,663,976 · program services $7,676,085 · management and general $173,419 · fundraising $814,472

• 12 · Advertising and promotion

  total $1,814,335 · program services $1,727,625 · management and general $10,766 · fundraising $75,944

• 13 · Office expenses

  total $436,225 · program services $382,132 · management and general $7,483 · fundraising $46,610

• 14 · Information technology

  total $323,957 · program services $268,802 · management and general $8,002 · fundraising $47,153

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $1,038,479 · program services $931,006 · management and general $17,533 · fundraising $89,940

• 17 · Travel

  total $3,583,322 · program services $3,239,854 · management and general $105,365 · fundraising $238,103

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $759,862 · program services $500,897 · management and general $7,295 · fundraising $251,670

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $13,346 · program services $10,443 · management and general $548 · fundraising $2,355

• 23 · Insurance

  total $7,975 · program services $7,476 · management and general $64 · fundraising $435

• 24a · Other expenses: PRINTING - EDU & FUNDR

  total $106,102 · program services $100,980 · management and general $636 · fundraising $4,486

• 24b · Other expenses: MEDALS/RECOGNITION

  total $66,716 · program services $62,538 · management and general $538 · fundraising $3,640

• 24c · Other expenses: OTHER EXPENSES

  total $37,204 · program services $34,878 · management and general $296 · fundraising $2,030

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $671,919 · end of year $1,162,478

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $466,353 · end of year $742,486

• 4 · Accounts receivable

  beginning of year $484,894 · end of year $620,103

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $519,796 · end of year $152,196

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

  $26,876

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

  $3,235

• 10c · Land, buildings and equipment, net

  beginning of year $26,627 · end of year $23,641

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $27,175,961 · end of year $23,150,367

• 17 · Accounts payable and accrued expenses

  beginning of year $5,349,089 · end of year $5,410,306

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $6,061,078 · end of year $5,993,536

• 27 · Net assets without donor restrictions

  beginning of year $5,359,701 · end of year $5,352,483

• 28 · Net assets with donor restrictions

  beginning of year $12,575,682 · end of year $9,094,946

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 - ARRANGEMENT TOP MGMT OFFICIAL'S COMPENSATION:

ACS CAN'S TOP MANAGEMENT OFFICIAL IS AN EMPLOYEE OF A RELATED PARTY, ACS. ACCORDINGLY, THEIR COMPENSATION IS DETERMINED BY THE FOLLOWING METHODS: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; COMPENSATION STUDY OR SURVEY; AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. THE RESPONSIBILITIES OF THE COMPENSATION COMMITTEE FOR ACS ARE DETAILED IN THE FORM 990 FOR ACS.

SCHEDULE J, PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN:

ACS CAN AND ACS MAINTAIN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP"), 457(B), AND 457(F) PLANS AS PART OF THE TOTAL COMPENSATION ARRANGEMENTS FOR CERTAIN EXECUTIVES. THE SERP IS DESIGNED TO RESTORE CERTAIN BENEFITS THAT ARE LOST AS A RESULT OF TAX RESTRICTIONS ON BENEFITS PAYABLE FROM THE TAX-QUALIFIED DEFINED BENEFIT RETIREMENT PLAN. THE ORGANIZATION RESTORES MATCHING CONTRIBUTION BENEFITS THAT ARE LOST AS A RESULT OF TAX RESTRICTIONS ON ACS CAN'S 401(K) PLAN IN THE 457(B) AND 457(F) PLANS. AS PART OF THE COMPENSATION COMMITTEE (THE "COMMITTEE") RESPONSIBILITIES, THE COMMITTEE CONSIDERS THE NEW AND TOTAL VALUES OF ALL SERP AND 457(F) BENEFITS AS PART OF THE TOTAL COMPENSATION FOR EACH PARTICIPATING EXECUTIVE. THE COMMITTEE PROCESS IS FULLY DESCRIBED IN SCHEDULE O AS RELATED TO PART VI, LINE 15. THE SERP PLAN WAS FROZEN IN 2016, AND AS A RESULT PAYMENTS ARE NOW MADE ONLY AFTER RETIREMENT RATHER THAN IN INCREMENTAL AMOUNTS DURING THE EXECUTIVE'S SERVICE. The following former officer received a final payout of supplemental executive retirement plan compensation they earned in their former role. Per the terms of the plan, the former officer became eligible to receive payment in 2023. CATHERINE MICKLE - $202,521

SCHEDULE J, PART II, COLUMN (C):

SCHEDULE J, PART II, COLUMN C INCLUDES DEFERRED COMPENSATION RELATED TO THE ANNUAL CHANGE IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT RETIREMENT PLAN. THE CHANGE IS CAUSED BY CHANGES IN ACTUARIAL ASSUMPTIONS, WHICH ARE REQUIRED TO BE USED TO VALUE THE BENEFITS. A SIGNIFICANT DECREASE IN INTEREST RATES AND AN INCREASE IN THE LIFE EXPECTANCY OF PARTICIPANTS RESULTED IN A LARGE INCREASE IN ESTIMATED VALUE OF BENEFITS FROM THE PRIOR YEAR. PRIOR TO ACTUAL RETIREMENT, THE ACTUARIAL (ESTIMATED) VALUES CAN INCREASE OR DECREASE FROM YEAR TO YEAR DEPENDING ON WHETHER CERTAIN ASSUMPTIONS INCREASE OR DECREASE.