Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $50,000

• 1f · All other contributions, gifts and grants

  $812,097

• 1g · Noncash contributions included above

  $628,761

• 3 · Investment income

  total $110,500 · excluded $110,500

• 7a · Gross sales of assets other than inventory

  securities $1,559,315

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

  securities $1,745,340

• 7c · Gain or loss

  securities -$186,025

• 7d · Net gain or loss

  total -$186,025 · excluded -$186,025

• 8a · Fundraising events: gross income

  $721,106

• 8b · Fundraising events: direct expenses

  $488,339

• 8c · Net income from fundraising events

  total $232,767 · excluded $232,767

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $887,500 · program services $887,500

• 2 · Grants to domestic individuals

  total $356,790 · program services $356,790

• 11c · Fees: accounting

  total $22,653 · fundraising $22,653

• 11f · Fees: investment management

  total $10,940 · management and general $10,940

• 11g · Fees: other

  total $390,075 · program services $97,518 · management and general $97,518 · fundraising $195,039

• 12 · Advertising and promotion

  total $33,902 · fundraising $33,902

• 13 · Office expenses

  total $1,840 · program services $460 · management and general $460 · fundraising $920

• 17 · Travel

  total $18,245 · program services $4,561 · management and general $4,561 · fundraising $9,123

• 19 · Conferences, conventions and meetings

  total $6,337 · program services $1,584 · management and general $1,584 · fundraising $3,169

• 20 · Interest

  total $13,008 · management and general $13,008

• 23 · Insurance

  total $4,573 · program services $1,143 · management and general $1,143 · fundraising $2,287

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $981 · program services $245 · management and general $245 · fundraising $491

• 24b · Other expenses: PROFESSIONAL DEVELOPMEN

  total $43 · program services $11 · management and general $11 · fundraising $21

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $31,927 · end of year $10,794

• 3 · Pledges and grants receivable

  beginning of year $554,254 · end of year $468,980

• 9 · Prepaid expenses and deferred charges

  beginning of year $57,212 · end of year $79,361

• 11 · Investments: publicly traded securities

  beginning of year $12,918,763 · end of year $11,133,962

• 14 · Intangible assets

  beginning of year $3,750

• 17 · Accounts payable and accrued expenses

  beginning of year $107,015 · end of year $138,304

• 19 · Deferred revenue

  beginning of year $56,070 · end of year $8,220

• 24 · Unsecured notes and loans payable

  end of year $500,000

• 25 · Other liabilities

  beginning of year $42,723 · end of year $112,355

• 27 · Net assets without donor restrictions

  beginning of year $12,806,849 · end of year $10,492,779

• 28 · Net assets with donor restrictions

  beginning of year $553,249 · end of year $441,439

The filer's explanations (Part III)

PART I, LINE 3:

COMPENSATION REPORTED ON SCHEDULE J, PART II IS PAID BY GCSAA, A RELATED NOT-FOR-PROFIT ORGANIZATION. THE CEO SHARES HIS ROLE WITHIN THE FOUNDATION AND GCSAA. GCSAA USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN DETERMINING THE COMPENSATION OF THE CEO.

Related corporations and trusts

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

• GCSAA COMMUNICATIONS INC

  C · PUBLICATIONS · KS