Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,096,557

• 2a · Program service revenue: SUPPORT SERVICE FEES

  total $275,000 · related or exempt $275,000

• 2b · Program service revenue: THIRD PARTY SPEAKING EVENTS

  total $25,750 · related or exempt $25,750

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

  total $360,266 · excluded $360,266

• 7a · Gross sales of assets other than inventory

  securities $7,959,370

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

  securities $8,402,351

• 7c · Gain or loss

  securities -$442,981

• 7d · Net gain or loss

  total -$442,981 · excluded -$442,981

• 8a · Fundraising events: gross income

  $340,010

• 8b · Fundraising events: direct expenses

  $568,327

• 8c · Net income from fundraising events

  total -$228,317 · excluded -$228,317

• 10a · Gross sales of inventory

  $48,864

• 10b · Cost of goods sold

  $10,149

• 10c · Net income from sales of inventory

  total $38,715 · related or exempt $38,715

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $760,539 · program services $760,539

• 5 · Compensation of officers, directors and key employees

  total $162,159 · program services $121,619 · management and general $16,216 · fundraising $24,324

• 7 · Other salaries and wages

  total $595,508 · program services $446,631 · management and general $59,551 · fundraising $89,326

• 8 · Pension plan contributions

  total $9,631 · program services $7,223 · management and general $963 · fundraising $1,445

• 9 · Other employee benefits

  total $51,947 · program services $38,960 · management and general $5,195 · fundraising $7,792

• 10 · Payroll taxes

  total $62,719 · program services $47,039 · management and general $6,272 · fundraising $9,408

• 11b · Fees: legal

  total $526 · program services $394 · management and general $53 · fundraising $79

• 11c · Fees: accounting

  total $17,849 · program services $13,387 · management and general $1,785 · fundraising $2,677

• 11f · Fees: investment management

  total $38,979 · management and general $38,979

• 11g · Fees: other

  total $115,060 · program services $86,295 · management and general $11,506 · fundraising $17,259

• 12 · Advertising and promotion

  total $16,490 · program services $14,841 · fundraising $1,649

• 13 · Office expenses

  total $67,840 · program services $26,697 · management and general $13,837 · fundraising $27,306

• 16 · Occupancy

  total $18,370 · program services $7,229 · management and general $3,747 · fundraising $7,394

• 17 · Travel

  total $16,769 · program services $15,092 · fundraising $1,677

• 22 · Depreciation, depletion and amortization

  total $1,494 · management and general $1,494

• 23 · Insurance

  total $5,565 · program services $2,190 · management and general $1,135 · fundraising $2,240

• 24a · Other expenses: SCHOLARSHIP AWARD CEREM

  total $72,678 · program services $72,678

• 24b · Other expenses: BUSINESS EXPENSES

  total $36,032 · program services $14,180 · management and general $7,349 · fundraising $14,503

• 24c · Other expenses: PROFESSIONAL DEVELOPMEN

  total $10,946 · program services $10,946

• 24d · Other expenses: MENTOR PROGRAM

  total $8,564 · program services $8,564

• 24e · All other expenses

  total $21,998 · program services $14,393 · management and general $2,177 · fundraising $5,428

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $860,335 · end of year $326,969

• 2 · Savings and temporary cash investments

  beginning of year $209,974 · end of year $519,371

• 3 · Pledges and grants receivable

  beginning of year $693,359 · end of year $807,090

• 4 · Accounts receivable

  beginning of year $84,296 · end of year $18,943

• 8 · Inventories for sale or use

  beginning of year $100,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $30,498 · end of year $182,807

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

  $6,902

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

  $2,673

• 10c · Land, buildings and equipment, net

  beginning of year $3,063 · end of year $4,229

• 11 · Investments: publicly traded securities

  beginning of year $12,046,574 · end of year $12,735,290

• 14 · Intangible assets

  beginning of year $1,583 · end of year $1,083

• 17 · Accounts payable and accrued expenses

  beginning of year $64,043 · end of year $54,490

• 19 · Deferred revenue

  end of year $52,500

• 27 · Net assets without donor restrictions

  beginning of year $11,723,123 · end of year $12,406,960

• 28 · Net assets with donor restrictions

  beginning of year $2,242,516 · end of year $2,081,832

The filer's explanations (Part III)

PART I, LINE 1A

ASTRONAUT SCHOLARSHIP FOUNDATION REIMBURSES BOARD MEMBER ASTRONAUT'S AND THEIR SPOUSES FOR AIRFARE AND CAR RENTAL TO ATTEND THE HALL OF FAME EVENT.

PART I, LINE 3

CAROLINE'S CEO COMPENSATION IS ESTABLISHED AND REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE.