Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $3,280,230

• 1f · All other contributions, gifts and grants

  $23,338,832

• 2a · Program service revenue: Contract revenue

  total $4,445,652 · related or exempt $4,445,652

• 3 · Investment income

  total $1,384,772 · excluded $1,384,772

• 7a · Gross sales of assets other than inventory

  securities $377,432

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

  securities $189,094 · other assets $49,676

• 7c · Gain or loss

  securities $188,338 · other assets -$49,676

• 7d · Net gain or loss

  total $138,662 · excluded $138,662

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,815,202 · program services $4,815,202

• 3 · Grants to foreign organizations and individuals

  total $517,772 · program services $517,772

• 5 · Compensation of officers, directors and key employees

  total $1,695,969 · program services $1,203,845 · management and general $357,843 · fundraising $134,281

• 7 · Other salaries and wages

  total $11,599,696 · program services $8,233,784 · management and general $2,447,493 · fundraising $918,419

• 8 · Pension plan contributions

  total $886,328 · program services $629,140 · management and general $187,012 · fundraising $70,176

• 9 · Other employee benefits

  total $1,782,438 · program services $1,265,224 · management and general $376,088 · fundraising $141,126

• 10 · Payroll taxes

  total $1,064,327 · program services $755,489 · management and general $224,569 · fundraising $84,269

• 11b · Fees: legal

  total $164,206 · program services $80,652 · management and general $83,554

• 11c · Fees: accounting

  total $1,140,303 · program services $46,610 · management and general $1,057,793 · fundraising $35,900

• 11e · Fees: professional fundraising services

  total $172,444 · fundraising $172,444

• 11f · Fees: investment management

  total $65,830 · management and general $65,830

• 11g · Fees: other

  total $535,391 · program services $535,391

• 12 · Advertising and promotion

  total $76,897 · program services $30,828 · management and general $39,128 · fundraising $6,941

• 13 · Office expenses

  total $535,221 · program services $202,384 · management and general $249,118 · fundraising $83,719

• 14 · Information technology

  total $578,499 · program services $231,918 · management and general $294,363 · fundraising $52,218

• 16 · Occupancy

  total $371,709 · program services $25,317 · management and general $344,748 · fundraising $1,644

• 17 · Travel

  total $1,689,083 · program services $1,326,463 · management and general $221,994 · fundraising $140,626

• 19 · Conferences, conventions and meetings

  total $672,241 · program services $307,396 · management and general $297,176 · fundraising $67,669

• 20 · Interest

  total $33,119 · management and general $33,119

• 22 · Depreciation, depletion and amortization

  total $659,537 · program services $72,422 · management and general $586,431 · fundraising $684

• 23 · Insurance

  total $82,058 · program services $32,897 · management and general $41,754 · fundraising $7,407

• 24a · Other expenses: Common costs

  total $1,486,596 · program services $1,092,351 · management and general $297,216 · fundraising $97,029

• 24b · Other expenses: Research supplies

  total $404,152 · program services $404,152

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,605,129 · end of year $2,847,411

• 2 · Savings and temporary cash investments

  beginning of year $22,153,318 · end of year $26,932,781

• 3 · Pledges and grants receivable

  beginning of year $14,726,498 · end of year $15,153,941

• 4 · Accounts receivable

  beginning of year $2,041,251 · end of year $1,896,724

• 9 · Prepaid expenses and deferred charges

  beginning of year $238,606 · end of year $370,584

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

  $16,148,217

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

  $10,406,099

• 10c · Land, buildings and equipment, net

  beginning of year $5,532,742 · end of year $5,742,118

• 11 · Investments: publicly traded securities

  beginning of year $9,968,619 · end of year $13,166,802

• 15 · Other assets

  beginning of year $337,313 · end of year $335,951

• 17 · Accounts payable and accrued expenses

  beginning of year $2,662,833 · end of year $3,298,927

• 20 · Tax-exempt bond liabilities

  beginning of year $947,276 · end of year $826,788

• 25 · Other liabilities

  beginning of year $74,492 · end of year $41,472

• 27 · Net assets without donor restrictions

  beginning of year $15,131,549 · end of year $18,913,816

• 28 · Net assets with donor restrictions

  beginning of year $44,787,326 · end of year $43,365,309

The filer's explanations (Part III)

Part I, Line 7

At times the Organization provides employees with additional performance-based compensation. At the discretion of the President/CEO, the bonus provided in 2023 for all staff was provided to recognize excellent work by those individuals over the prior fiscal year. The amount provided as bonuses was generally 3% of base compensation for all employees, determined to be appropriate by the CEO, with exceptions made in some cases where additional compensation was deemed warranted. The President/CEO's employment contract provides for a merit based bonus if approved by the Board of Directors. The Board determines incentive goals each year and then annually determines whether sufficient progress toward those goals has been made. In 2023 the Board approved a bonus to the President/CEO in the amount indicated based on successful attainment of those incentive goals.