Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $411,850

• 1f · All other contributions, gifts and grants

  $10,744,471

• 1g · Noncash contributions included above

  $711,311

• 3 · Investment income

  total $350,240 · excluded $350,240

• 7a · Gross sales of assets other than inventory

  securities $1,961,027

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

  securities $1,965,999 · other assets $508

• 7c · Gain or loss

  securities -$4,972 · other assets -$508

• 7d · Net gain or loss

  total -$5,480 · excluded -$5,480

• 8a · Fundraising events: gross income

  $1,828,085

• 8a · Fundraising events: contributions included on line 1c

  $411,850

• 8b · Fundraising events: direct expenses

  $477,197

• 8c · Net income from fundraising events

  total $1,350,888 · excluded $1,350,888

• 11a · Other revenue: OTHER REVENUE

  total $2,060 · excluded $2,060

• 11e · Other revenue, total

  $2,060

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $64,377 · program services $64,377

• 5 · Compensation of officers, directors and key employees

  total $1,682,217 · program services $1,337,874 · management and general $36,004 · fundraising $308,339

• 7 · Other salaries and wages

  total $5,458,079 · program services $4,340,831 · management and general $116,818 · fundraising $1,000,430

• 8 · Pension plan contributions

  total $109,765 · program services $87,297 · management and general $2,349 · fundraising $20,119

• 9 · Other employee benefits

  total $493,976 · program services $392,861 · management and general $10,572 · fundraising $90,543

• 10 · Payroll taxes

  total $528,341 · program services $420,192 · management and general $11,308 · fundraising $96,841

• 11b · Fees: legal

  total $19,100 · program services $4,875 · management and general $14,225

• 11c · Fees: accounting

  total $40,949 · management and general $40,949

• 11e · Fees: professional fundraising services

  total $277,000 · fundraising $277,000

• 11g · Fees: other

  total $1,758,900 · program services $1,296,926 · management and general $294,373 · fundraising $167,601

• 12 · Advertising and promotion

  total $2,528,733 · program services $2,508,960 · management and general $2,892 · fundraising $16,881

• 13 · Office expenses

  total $661,205 · program services $219,925 · management and general $290,889 · fundraising $150,391

• 14 · Information technology

  total $617,498 · program services $46,095 · management and general $216,643 · fundraising $354,760

• 16 · Occupancy

  total $736,590 · program services $624,526 · management and general $64,248 · fundraising $47,816

• 17 · Travel

  total $390,677 · program services $173,383 · management and general $118,424 · fundraising $98,870

• 19 · Conferences, conventions and meetings

  total $282,399 · program services $125,149 · management and general $95,784 · fundraising $61,466

• 20 · Interest

  total $74 · management and general $74

• 22 · Depreciation, depletion and amortization

  total $206,101 · program services $178,964 · management and general $15,558 · fundraising $11,579

• 23 · Insurance

  total $116,089 · program services $99,302 · management and general $9,624 · fundraising $7,163

• 24a · Other expenses: INTERCOMPANY REALLOCATI

  total $424,327 · management and general $424,327

• 24b · Other expenses: SUBSCRIPTION & DUES

  total $72,321 · program services $29,377 · management and general $40,123 · fundraising $2,821

• 24c · Other expenses: EQUIPMENT & REPAIRS

  total $36,171 · program services $4,307 · management and general $29,584 · fundraising $2,280

• 24d · Other expenses: PROPERTY TAX & MAINT.

  total $10,957 · management and general $10,957

• 26 · Joint costs (an allocation of the lines above)

  total $437,118 · program services $276,603 · management and general $0 · fundraising $160,515

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,115,460 · end of year $755,285

• 2 · Savings and temporary cash investments

  beginning of year $1,641,640 · end of year $1,173,766

• 3 · Pledges and grants receivable

  beginning of year $1,938,399 · end of year $1,460,127

• 4 · Accounts receivable

  beginning of year $109,487 · end of year $15,323

• 9 · Prepaid expenses and deferred charges

  beginning of year $77,494 · end of year $102,856

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

  $820,676

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

  $807,952

• 10c · Land, buildings and equipment, net

  beginning of year $68,002 · end of year $12,724

• 11 · Investments: publicly traded securities

  beginning of year $2,670,963 · end of year $2,025,704

• 15 · Other assets

  beginning of year $2,988,146 · end of year $2,130,727

• 17 · Accounts payable and accrued expenses

  beginning of year $2,204,914 · end of year $2,036,282

• 19 · Deferred revenue

  beginning of year $60,500

• 25 · Other liabilities

  beginning of year $42,130 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $6,631,894 · end of year $3,793,501

• 28 · Net assets with donor restrictions

  beginning of year $2,670,153 · end of year $1,846,729

The filer's explanations (Part III)

PART I, LINE 1A

BRADY PAYS FOR A BUSINESS INTERNET CONNECTION AT KRISTIN BROWN'S HOME USED FOR REGULAR MEDIA APPEARANCES, INTERVIEWS, AND GENERAL BUSINESS ACTIVITIES. BRADY PAYS FOR DUES AT A SOCIAL CLUB USED BY KRISTIN BROWN FOR NETWORKING AND DONOR MEETINGS. THESE ARE BOARD APPROVED EXPENSES.

PART I, LINE 7

PERFORMANCE BASED BONUSES WERE PAID DURING THE CALENDAR YEAR 2023.