Form 990 for tax year 2023

3 · Investment income

total $1,622,380 · excluded $1,622,380

7a · Gross sales of assets other than inventory

securities $17,131,500

7b · Less cost or other basis and sales expenses

securities $16,270,504

7c · Gain or loss

securities $860,996

7d · Net gain or loss

total $860,996 · excluded $860,996

11a · Other revenue: OTHER

total $3,349 · related or exempt $3,349

11e · Other revenue, total

$3,349

1 · Grants to domestic organizations and governments

total $469,194 · program services $469,194

5 · Compensation of officers, directors and key employees

total $137,500 · management and general $137,500

9 · Other employee benefits

total $10,569 · management and general $10,569

11a · Fees: management

total $67,900 · management and general $67,900

11c · Fees: accounting

total $38,340 · management and general $38,340

11f · Fees: investment management

total $410,672 · management and general $410,672

13 · Office expenses

total $6,738 · management and general $6,738

14 · Information technology

total $7,890 · management and general $7,890

16 · Occupancy

total $15,726 · management and general $15,726

17 · Travel

total $530 · management and general $530

19 · Conferences, conventions and meetings

total $1,629 · management and general $1,629

20 · Interest

total $12,228 · management and general $12,228

22 · Depreciation, depletion and amortization

total $30,980 · management and general $30,980

23 · Insurance

total $14,353 · management and general $14,353

24a · Other expenses: DUES AND MEMBERSHIPS &

total $7,232 · management and general $7,232

24b · Other expenses: OTHER

total $1,000 · management and general $1,000

24c · Other expenses: SECURITY

total $726 · management and general $726

1 · Cash, non-interest-bearing

beginning of year $579,375 · end of year $414,442

7 · Other notes and loans receivable

beginning of year $500,000 · end of year $500,000

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

$569,750

10b · Land, buildings and equipment: accumulated depreciation

$448,712

10c · Land, buildings and equipment, net

beginning of year $152,017 · end of year $121,038

11 · Investments: publicly traded securities

beginning of year $66,211,547 · end of year $73,494,354

15 · Other assets

beginning of year $193,949 · end of year $227,252

17 · Accounts payable and accrued expenses

beginning of year $7,398 · end of year $9,324

24 · Unsecured notes and loans payable

beginning of year $500,000

27 · Net assets without donor restrictions

beginning of year $67,129,490 · end of year $74,747,762