Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,333,165

• 1g · Noncash contributions included above

  $13,863

• 3 · Investment income

  total $312,178 · excluded $312,178

• 7a · Gross sales of assets other than inventory

  securities $8,141,559

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

  securities $8,093,719

• 7c · Gain or loss

  securities $47,840

• 7d · Net gain or loss

  total $47,840 · excluded $47,840

• 11a · Other revenue: MISCELLANEOUS

  total $34,457 · related or exempt $34,457

• 11e · Other revenue, total

  $34,457

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,336,939 · program services $1,336,939

• 5 · Compensation of officers, directors and key employees

  total $765,148 · program services $273,583 · management and general $390,029 · fundraising $101,536

• 7 · Other salaries and wages

  total $973,657 · program services $437,179 · fundraising $536,478

• 8 · Pension plan contributions

  total $31,445 · program services $14,674 · fundraising $16,771

• 9 · Other employee benefits

  total $158,466 · program services $40,769 · management and general $54,954 · fundraising $62,743

• 10 · Payroll taxes

  total $115,809 · program services $49,295 · management and general $19,937 · fundraising $46,577

• 11b · Fees: legal

  total $21,284 · program services $3,741 · management and general $17,543

• 11c · Fees: accounting

  total $80,798 · management and general $80,798

• 11f · Fees: investment management

  total $27,034 · management and general $27,034

• 11g · Fees: other

  total $295,553 · program services $109,330 · management and general $103,351 · fundraising $82,872

• 12 · Advertising and promotion

  total $114,876 · program services $18,369 · management and general $347 · fundraising $96,160

• 13 · Office expenses

  total $21,435 · program services $8,503 · management and general $8,626 · fundraising $4,306

• 14 · Information technology

  total $206,914 · program services $11,285 · management and general $78,159 · fundraising $117,470

• 16 · Occupancy

  total $232,557 · program services $94,904 · management and general $42,075 · fundraising $95,578

• 17 · Travel

  total $243,305 · program services $87,814 · management and general $100,729 · fundraising $54,762

• 19 · Conferences, conventions and meetings

  total $117,890 · program services $117,890

• 20 · Interest

  total $44,830 · management and general $44,830

• 22 · Depreciation, depletion and amortization

  total $53,179 · management and general $53,179

• 23 · Insurance

  total $68,196 · program services $45,733 · management and general $22,463

• 24a · Other expenses: BAD DEBT EXPENSE

  total $50,000 · management and general $50,000

• 24b · Other expenses: BUSINESS LICENSES AND P

  total $18,991 · fundraising $18,991

• 24c · Other expenses: MISCELLANEOUS

  total $6,416 · program services $1,595 · management and general $366 · fundraising $4,455

• 24d · Other expenses: CREDIT CARD AND OTHER S

  total $2,208 · management and general $51 · fundraising $2,157

• 24e · All other expenses

  total $192 · program services $103 · fundraising $89

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

  total $37,867 · program services $0 · management and general $1,885 · fundraising $35,982

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $624,949 · end of year $117,407

• 2 · Savings and temporary cash investments

  beginning of year $25,214 · end of year $25,214

• 3 · Pledges and grants receivable

  beginning of year $1,477,731 · end of year $717,643

• 7 · Other notes and loans receivable

  beginning of year $715,946 · end of year $1,922,116

• 9 · Prepaid expenses and deferred charges

  beginning of year $150,658 · end of year $15,777

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

  $556,912

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

  $511,694

• 10c · Land, buildings and equipment, net

  beginning of year $98,112 · end of year $45,218

• 11 · Investments: publicly traded securities

  beginning of year $6,998,917 · end of year $5,116,157

• 15 · Other assets

  beginning of year $557,546 · end of year $1,364,887

• 17 · Accounts payable and accrued expenses

  beginning of year $406,178 · end of year $326,548

• 18 · Grants payable

  beginning of year $689,167

• 23 · Secured mortgages and notes payable

  beginning of year $500,000 · end of year $1,000,000

• 25 · Other liabilities

  beginning of year $1,017,913 · end of year $722,755

• 27 · Net assets without donor restrictions

  beginning of year $5,661,636 · end of year $5,263,157

• 28 · Net assets with donor restrictions

  beginning of year $2,374,179 · end of year $2,011,959

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE GOVERNING BOARD OF PEOPLE FOR THE AMERICAN WAY, A RELATED PARTY, USING THE INPUT OF INDUSTRY DATA, AMOUNTS FROM OTHER ORGANIZATION'S FORM 990, AND OCCASIONAL INPUT FROM COMPENSATION CONSULTANTS. COMPENSATION FOR THESE INDIVIDUALS IS REVIEWED AND APPROVED ANNUALLY.