Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $3,000

• 1f · All other contributions, gifts and grants

  $7,741,061

• 2a · Program service revenue: Sponsorships

  total $150,600 · unrelated business $0 · excluded $0

• 2b · Program service revenue: Event Registrations

  total $33,168 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $332 · unrelated business $0 · excluded $332

• 11a · Other revenue: Fee for Service/Accounting

  total $40,537 · related or exempt $0 · unrelated business $40,537 · excluded $0

• 11b · Other revenue: Accrual reversal

  total $25,000 · related or exempt $25,000 · unrelated business $0 · excluded $0

• 11d · All other revenue

  total $159 · related or exempt $0 · unrelated business $0 · excluded $159

• 11e · Other revenue, total

  $65,696

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,440,611 · program services $1,181,301 · management and general $172,873 · fundraising $86,437

• 7 · Other salaries and wages

  total $2,563,959 · program services $2,108,402 · management and general $320,594 · fundraising $134,963

• 8 · Pension plan contributions

  total $123,194 · program services $101,019 · management and general $14,783 · fundraising $7,392

• 9 · Other employee benefits

  total $236,449 · program services $193,888 · management and general $28,374 · fundraising $14,187

• 10 · Payroll taxes

  total $265,617 · program services $217,806 · management and general $31,874 · fundraising $15,937

• 11b · Fees: legal

  total $13,041 · program services $1,505 · management and general $11,536 · fundraising $0

• 11c · Fees: accounting

  total $32,040 · program services $0 · management and general $32,040 · fundraising $0

• 11g · Fees: other

  total $979,382 · program services $954,802 · management and general $24,580 · fundraising $0

• 12 · Advertising and promotion

  total $251,737 · program services $251,737 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $83,516 · program services $66,990 · management and general $11,806 · fundraising $4,720

• 14 · Information technology

  total $132,149 · program services $109,287 · management and general $22,862 · fundraising $0

• 16 · Occupancy

  total $215,782 · program services $177,235 · management and general $26,531 · fundraising $12,016

• 17 · Travel

  total $246,661 · program services $229,468 · management and general $6,919 · fundraising $10,274

• 19 · Conferences, conventions and meetings

  total $358,649 · program services $354,899 · management and general $3,750 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $80,014 · program services $65,714 · management and general $9,824 · fundraising $4,476

• 23 · Insurance

  total $13,490 · program services $11,062 · management and general $1,619 · fundraising $809

• 24a · Other expenses: Market Research

  total $853,345 · program services $853,345 · management and general $0 · fundraising $0

• 24b · Other expenses: Lead Generator Events

  total $40,447 · program services $40,447 · management and general $0 · fundraising $0

• 24c · Other expenses: Company Site Visits

  total $19,295 · program services $19,295 · management and general $0 · fundraising $0

• 24e · All other expenses

  total $63,129 · program services $40,062 · management and general $20,697 · fundraising $2,370

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,034,980 · end of year $1,772,732

• 2 · Savings and temporary cash investments

  beginning of year $526,954 · end of year $100,756

• 3 · Pledges and grants receivable

  beginning of year $691,707 · end of year $390,649

• 4 · Accounts receivable

  beginning of year $336,814 · end of year $514,113

• 9 · Prepaid expenses and deferred charges

  beginning of year $238,768 · end of year $231,483

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

  $426,462

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

  $311,484

• 10c · Land, buildings and equipment, net

  beginning of year $122,950 · end of year $114,978

• 15 · Other assets

  beginning of year $30,583 · end of year $98,263

• 17 · Accounts payable and accrued expenses

  beginning of year $554,086 · end of year $669,951

• 19 · Deferred revenue

  beginning of year $41,525 · end of year $135,333

• 25 · Other liabilities

  beginning of year $42,140 · end of year $91,335

• 27 · Net assets without donor restrictions

  beginning of year $2,100,005 · end of year $2,121,316

• 28 · Net assets with donor restrictions

  beginning of year $245,000 · end of year $205,039

The filer's explanations (Part III)

Pt I Line 1a

William Koehler's monthly dues to the Union Club and annual dues to The 50 Club of Cleveland are paid by Team NEO. The benefit is not treated as taxable compensation as it is for business purposes only.

Pt I Line 7

Employees are eligible to receive additional compensation above their salary amount, based on individual and organizational performance, paid at the discretion of Team NEO. Approval by the Team NEO Board of Trustees is required.