Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $388,218

• 1e · Government grants (contributions)

  $14,713,739

• 1f · All other contributions, gifts and grants

  $2,022,708

• 1g · Noncash contributions included above

  $2,113

• 2a · Program service revenue: Wreath sales

  total $1,788,981 · related or exempt $1,788,981

• 2b · Program service revenue: Agricultural activities

  total $37,970 · related or exempt $37,970

• 3 · Investment income

  total $3,211,131 · excluded $3,211,131

• 6a · Gross rents

  real property $43,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $43,000

• 6d · Net rental income or loss

  total $43,000 · excluded $43,000

• 7a · Gross sales of assets other than inventory

  securities $6,050,062 · other assets $3,500

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

  securities $4,761,583 · other assets $0

• 7c · Gain or loss

  securities $1,288,479 · other assets $3,500

• 7d · Net gain or loss

  total $1,291,979 · excluded $1,291,979

• 8a · Fundraising events: gross income

  $299,634

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

  $388,218

• 8b · Fundraising events: direct expenses

  $299,634

• 8c · Net income from fundraising events

  total $0

• 10a · Gross sales of inventory

  $150,551

• 10b · Cost of goods sold

  $5,380

• 10c · Net income from sales of inventory

  total $145,171 · related or exempt $145,171

• 11a · Other revenue: Other income

  total $156,715 · excluded $156,715

• 11e · Other revenue, total

  $156,715

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,396,273 · program services $1,396,273

• 5 · Compensation of officers, directors and key employees

  total $448,479 · management and general $448,479

• 7 · Other salaries and wages

  total $13,733,345 · program services $13,212,796 · management and general $346,267 · fundraising $174,282

• 8 · Pension plan contributions

  total $1,040,304 · program services $984,326 · management and general $45,357 · fundraising $10,621

• 9 · Other employee benefits

  total $1,961,507 · program services $1,853,631 · management and general $87,876 · fundraising $20,000

• 10 · Payroll taxes

  total $1,039,935 · program services $975,232 · management and general $54,181 · fundraising $10,522

• 11b · Fees: legal

  total $13,852 · management and general $13,852

• 11c · Fees: accounting

  total $61,000 · management and general $61,000

• 11f · Fees: investment management

  total $544,505 · management and general $544,505

• 11g · Fees: other

  total $676,252 · program services $403,725 · management and general $253,511 · fundraising $19,016

• 12 · Advertising and promotion

  total $11,065 · program services $3,206 · management and general $7,771 · fundraising $88

• 13 · Office expenses

  total $974,291 · program services $768,527 · management and general $52,167 · fundraising $153,597

• 14 · Information technology

  total $84,554 · management and general $84,554

• 16 · Occupancy

  total $604,251 · program services $580,335 · management and general $23,563 · fundraising $353

• 22 · Depreciation, depletion and amortization

  total $665,623 · program services $665,623

• 23 · Insurance

  total $534,125 · program services $2,812 · management and general $531,313

• 24a · Other expenses: Repairs and maintenance

  total $1,525,840 · program services $1,424,847 · management and general $96,161 · fundraising $4,832

• 24b · Other expenses: Miscellaneous

  total $1,162,796 · program services $1,046,214 · management and general $108,806 · fundraising $7,776

• 24c · Other expenses: Program expenses

  total $757,729 · program services $757,729

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $972,042 · end of year $1,056,766

• 2 · Savings and temporary cash investments

  beginning of year $44,561 · end of year $52,377

• 4 · Accounts receivable

  beginning of year $1,415,207 · end of year $1,895,624

• 8 · Inventories for sale or use

  beginning of year $1,003,804 · end of year $934,379

• 9 · Prepaid expenses and deferred charges

  beginning of year $351,046 · end of year $307,492

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

  $25,511,854

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

  $13,362,704

• 10c · Land, buildings and equipment, net

  beginning of year $12,362,957 · end of year $12,149,150

• 11 · Investments: publicly traded securities

  beginning of year $124,493,032 · end of year $130,402,486

• 12 · Investments: other securities

  beginning of year $0 · end of year $5,096,094

• 15 · Other assets

  beginning of year $1,451,174 · end of year $1,739,400

• 17 · Accounts payable and accrued expenses

  beginning of year $2,607,621 · end of year $2,170,791

• 19 · Deferred revenue

  beginning of year $12,500 · end of year $2,535,615

• 25 · Other liabilities

  beginning of year $3,309,280 · end of year $1,845,598

• 27 · Net assets without donor restrictions

  beginning of year $116,538,096 · end of year $125,986,643

• 28 · Net assets with donor restrictions

  beginning of year $19,626,326 · end of year $21,095,121

The filer's explanations (Part III)

Part I, Line 7

Bonuses were authorized by the Board of Directors for officers, key employees, and highly compensated employees for excellent work performance.