Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $3,840,221

• 1f · All other contributions, gifts and grants

  $4,337,521

• 1g · Noncash contributions included above

  $1,176,629

• 3 · Investment income

  total $1,928,051 · excluded $1,928,051

• 7a · Gross sales of assets other than inventory

  securities $2,046,441

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

  securities $2,030,906

• 7c · Gain or loss

  securities $15,535

• 7d · Net gain or loss

  total $15,535 · excluded $15,535

• 8a · Fundraising events: gross income

  $5,692,926

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

  $3,840,221

• 8b · Fundraising events: direct expenses

  $1,157,693

• 8c · Net income from fundraising events

  total $4,535,233 · excluded $4,535,233

• 11d · All other revenue

  total $47,484 · excluded $47,484

• 11e · Other revenue, total

  $47,484

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $13,853,945 · program services $13,853,945

• 5 · Compensation of officers, directors and key employees

  total $452,365 · program services $119,756 · management and general $119,755 · fundraising $212,854

• 7 · Other salaries and wages

  total $229 · program services $60 · management and general $61 · fundraising $108

• 10 · Payroll taxes

  total $148,106 · program services $34,670 · management and general $34,669 · fundraising $78,767

• 11c · Fees: accounting

  total $61,733 · program services $24,693 · management and general $37,040

• 11f · Fees: investment management

  total $17,270 · management and general $17,270

• 12 · Advertising and promotion

  total $55,759 · program services $10,439 · management and general $19,387 · fundraising $25,933

• 13 · Office expenses

  total $64,360 · program services $10,345 · management and general $34,887 · fundraising $19,128

• 16 · Occupancy

  total $85,214 · program services $20,036 · management and general $20,036 · fundraising $45,142

• 17 · Travel

  total $4,681 · program services $936 · management and general $3,745

• 22 · Depreciation, depletion and amortization

  total $3,759 · management and general $3,759

• 23 · Insurance

  total $5,164 · program services $2,582 · management and general $2,582

• 24a · Other expenses: AUCTION EXPENSES

  total $402,708 · fundraising $402,708

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $36,487 · program services $14,596 · management and general $21,891

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,383,578 · end of year $3,557,199

• 2 · Savings and temporary cash investments

  beginning of year $3,306,401 · end of year $2,095,202

• 4 · Accounts receivable

  beginning of year $71,575 · end of year $25,750

• 9 · Prepaid expenses and deferred charges

  beginning of year $130,921 · end of year $54,759

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

  $10,974,298

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

  $71,624

• 10c · Land, buildings and equipment, net

  beginning of year $10,897,233 · end of year $10,902,674

• 11 · Investments: publicly traded securities

  beginning of year $91,484,184 · end of year $104,733,619

• 12 · Investments: other securities

  beginning of year $263,460 · end of year $223,249

• 15 · Other assets

  beginning of year $149,718 · end of year $93,177

• 17 · Accounts payable and accrued expenses

  beginning of year $67,459 · end of year $101,964

• 19 · Deferred revenue

  beginning of year $60,000 · end of year $1,000

• 21 · Escrow or custodial account liability

  beginning of year $25,997,231 · end of year $29,038,953

• 25 · Other liabilities

  beginning of year $107,064 · end of year $52,708

• 27 · Net assets without donor restrictions

  beginning of year $81,947,468 · end of year $90,522,264

• 28 · Net assets with donor restrictions

  beginning of year $1,507,848 · end of year $1,968,740

The filer's explanations (Part III)

PART I, LINE 7

THE BONUSES ARE DETERMINED BY OUR COMPENSATION COMMITTEE COMPRISED OF THE CHAIRMAN VICE CHAIRMAN WHO REVIEW MY RECOMMENDATIONS AND SUPPLY THEIR INPUT AS TO WHAT WOULD BE APPROPRIATE BASED ON OUR SUCCESS FOR THE FUNDRAISING EVENT AND OTHER ACTIVITIES UNDERTAKEN BY US INDIVIDUALLY AND COLLECTIVELY. THEN COMPARING THAT TO THE RECOMMENDATION AND LAST YEAR'S BONUS THEY MAKE A DECISION ON WHAT THE BONUS SHOULD BE. THERE IS NO GUARANTEE OF A BONUS AND NO FORMULA FOR CALCULATING.