Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,609,841

• 2a · Program service revenue: CONSULTING & TRAINING

  total $9,927,005 · related or exempt $9,927,005

• 2b · Program service revenue: OUTSOURCING SERVICES

  total $708,052 · unrelated business $708,052

• 2c · Program service revenue: SALE OF MATERIALS

  total $3,750 · related or exempt $3,750

• 3 · Investment income

  total $296,661 · excluded $296,661

• 5 · Royalties

  total $58,860 · unrelated business $11,841 · excluded $47,019

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $27,963 · related or exempt $27,963

• 11e · Other revenue, total

  $27,963

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,754,976 · program services $828,461 · management and general $840,064 · fundraising $86,451

• 7 · Other salaries and wages

  total $8,095,996 · program services $7,038,537 · management and general $1,055,330 · fundraising $2,129

• 8 · Pension plan contributions

  total $303,775 · program services $285,596 · management and general $18,105 · fundraising $74

• 9 · Other employee benefits

  total $1,146,928 · program services $946,291 · management and general $200,554 · fundraising $83

• 10 · Payroll taxes

  total $692,322 · program services $557,382 · management and general $129,504 · fundraising $5,436

• 11b · Fees: legal

  total $33,237 · management and general $33,237

• 11c · Fees: accounting

  total $151,105 · management and general $151,105

• 11g · Fees: other

  total $1,495,025 · program services $1,289,398 · management and general $205,627

• 12 · Advertising and promotion

  total $107,825 · program services $93,883 · management and general $13,942

• 13 · Office expenses

  total $152,946 · program services $57,250 · management and general $93,195 · fundraising $2,501

• 14 · Information technology

  total $300,769 · program services $166,348 · management and general $128,922 · fundraising $5,499

• 16 · Occupancy

  total $78,853 · program services $53,153 · management and general $25,700

• 17 · Travel

  total $106,048 · program services $98,778 · management and general $6,931 · fundraising $339

• 19 · Conferences, conventions and meetings

  total $4,992 · program services $4,992

• 22 · Depreciation, depletion and amortization

  total $38,525 · program services $38,214 · management and general $311

• 23 · Insurance

  total $61,118 · management and general $58,775 · fundraising $2,343

• 24a · Other expenses: BANK FEES

  total $149,207 · program services $142,296 · management and general $6,911

• 24b · Other expenses: MEALS & ENTERTAINMENT

  total $65,149 · program services $50,461 · management and general $14,020 · fundraising $668

• 24c · Other expenses: TAXES

  total $35,068 · management and general $35,068

• 24d · Other expenses: MISCELLANEOUS

  total $26,205 · program services $12,174 · management and general $14,031

• 24e · All other expenses

  total $25,619 · program services $12,296 · management and general $13,323

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $10,936,227 · end of year $9,930,375

• 3 · Pledges and grants receivable

  end of year $250,000

• 4 · Accounts receivable

  beginning of year $1,103,218 · end of year $1,008,285

• 9 · Prepaid expenses and deferred charges

  beginning of year $64,974 · end of year $60,096

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

  $57,244

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

  $43,777

• 10c · Land, buildings and equipment, net

  beginning of year $20,510 · end of year $13,467

• 14 · Intangible assets

  beginning of year $236,105 · end of year $204,624

• 15 · Other assets

  beginning of year $37,298 · end of year $2,421

• 17 · Accounts payable and accrued expenses

  beginning of year $598,637 · end of year $717,811

• 19 · Deferred revenue

  beginning of year $812,049 · end of year $829,418

• 25 · Other liabilities

  beginning of year $305,142 · end of year $295,450

• 27 · Net assets without donor restrictions

  beginning of year $10,423,504 · end of year $8,965,978

• 28 · Net assets with donor restrictions

  beginning of year $259,000 · end of year $660,611

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE PAID BASED ON PERFORMANCE AND OTHER FACTORS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• THE MANAGEMENT ACTION CENTER

  C · COACHING & TRAINING · DC · 100% owned · share of income $930,735 · share of assets $2,279,348 · controlled entity

  Directly controlled by THE MANAGEMENT CENTER