Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $155,253

• 1e · Government grants (contributions)

  $1,041,528

• 1f · All other contributions, gifts and grants

  $1,430,468

• 2a · Program service revenue: Membership Subscriptions

  total $1,539,528 · related or exempt $1,539,528

• 2b · Program service revenue: Events Revenue

  total $472,041 · related or exempt $472,041

• 2c · Program service revenue: Affiliated Business Service

  total $400,518 · related or exempt $400,518

• 2f · All other program service revenue

  total $2,414 · related or exempt $2,414

• 3 · Investment income

  total $11,978 · excluded $11,978

• 6a · Gross rents

  real property $78,291

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $78,291

• 6d · Net rental income or loss

  total $78,291 · excluded $78,291

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $13,560

• 5 · Compensation of officers, directors and key employees

  total $264,911

• 7 · Other salaries and wages

  total $1,839,323

• 8 · Pension plan contributions

  total $85,169

• 9 · Other employee benefits

  total $217,835

• 10 · Payroll taxes

  total $180,017

• 11b · Fees: legal

  total $15,515

• 11c · Fees: accounting

  total $21,880

• 11d · Fees: lobbying

  total $145,629

• 11g · Fees: other

  total $1,108,407

• 12 · Advertising and promotion

  total $219,256

• 13 · Office expenses

  total $71,828

• 14 · Information technology

  total $246,010

• 16 · Occupancy

  total $374,584

• 17 · Travel

  total $158,102

• 19 · Conferences, conventions and meetings

  total $282,870

• 22 · Depreciation, depletion and amortization

  total $67,927

• 23 · Insurance

  total $20,733

• 24a · Other expenses: Dues & Memberships

  total $26,824

• 24b · Other expenses: Staff Expenses

  total $26,248

• 24e · All other expenses

  total $10,872

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,360,206 · end of year $940,664

• 2 · Savings and temporary cash investments

  beginning of year $100,000 · end of year $539,701

• 3 · Pledges and grants receivable

  beginning of year $1,591,303 · end of year $2,138,917

• 4 · Accounts receivable

  beginning of year $445,974 · end of year $24,878

• 9 · Prepaid expenses and deferred charges

  beginning of year $63,202 · end of year $55,433

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

  $418,179

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

  $263,280

• 10c · Land, buildings and equipment, net

  beginning of year $222,826 · end of year $154,899

• 12 · Investments: other securities

  beginning of year $7,720 · end of year $0

• 15 · Other assets

  beginning of year $2,455,773 · end of year $2,259,346

• 17 · Accounts payable and accrued expenses

  beginning of year $276,374 · end of year $296,258

• 19 · Deferred revenue

  beginning of year $559,719 · end of year $560,589

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $4,428

• 25 · Other liabilities

  beginning of year $2,482,642 · end of year $2,179,774

• 27 · Net assets without donor restrictions

  beginning of year $1,130,228 · end of year $1,012,077

• 28 · Net assets with donor restrictions

  beginning of year $1,798,041 · end of year $2,060,712

The filer's explanations (Part III)

Part I, Line 1a

The organization provides a membership to a local gym for the CEO, with monthly dues paid directly by the organization. This benefit is provided to support wellness and promote a healthy work-life balance. It is considered a non-taxable fringe benefit under current guidelines and, therefore, is not included in the CEO's reportable compensation on Form W-2.