Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$5,274,836

1g · Noncash contributions included above

$36,799

2a · Program service revenue: SERVICE FEES INCOME

total $1,225,352 · related or exempt $1,225,352

3 · Investment income

total $1,147,058 · excluded $1,147,058

5 · Royalties

total $10,100 · excluded $10,100

7a · Gross sales of assets other than inventory

securities $9,180,370

7b · Less cost or other basis and sales expenses

securities $8,886,876

7c · Gain or loss

securities $293,494

7d · Net gain or loss

total $293,494 · excluded $293,494

2 · Grants to domestic individuals

total $3,050,545 · program services $3,050,545

5 · Compensation of officers, directors and key employees

total $539,113 · management and general $268,474 · fundraising $270,639

7 · Other salaries and wages

total $1,825,561 · program services $1,152,587 · management and general $378,512 · fundraising $294,462

8 · Pension plan contributions

total $50,095 · program services $45,995 · management and general $4,078 · fundraising $22

9 · Other employee benefits

total $135,939 · program services $105,178 · management and general $12,458 · fundraising $18,303

10 · Payroll taxes

total $84,614 · program services $43,249 · management and general $22,011 · fundraising $19,354

11b · Fees: legal

total $11,076 · management and general $11,076

11c · Fees: accounting

total $40,050 · management and general $40,050

11d · Fees: lobbying

total $42,300 · management and general $42,300

11f · Fees: investment management

total $126,619 · management and general $126,619

11g · Fees: other

total $188,393 · program services $56,359 · management and general $34,866 · fundraising $97,168

12 · Advertising and promotion

total $29,264 · program services $921 · management and general $27,230 · fundraising $1,113

13 · Office expenses

total $197,741 · program services $113,849 · management and general $33,644 · fundraising $50,248

16 · Occupancy

total $25,000 · management and general $25,000

17 · Travel

total $10,167 · program services $1,981 · management and general $10 · fundraising $8,176

19 · Conferences, conventions and meetings

total $12,344 · program services $3,736 · management and general $3,336 · fundraising $5,272

23 · Insurance

total $4,212 · management and general $4,212

24a · Other expenses: PUBLIC RELATIONS

total $341,885 · program services $324,451 · management and general $6,148 · fundraising $11,286

24b · Other expenses: DIRECT UNIVERSITY COSTS

total $65,693 · program services $65,693

24c · Other expenses: AMORTIZATION BOND PREMI

total $37,374 · management and general $37,374

24d · Other expenses: MISCELLANEOUS

total $12,663 · management and general $4,225 · fundraising $8,438

24e · All other expenses

total $10,327 · program services $2,789 · management and general $2,446 · fundraising $5,092

1 · Cash, non-interest-bearing

beginning of year $198,179 · end of year $1,323,080

2 · Savings and temporary cash investments

beginning of year $2,205,045 · end of year $2,341,076

3 · Pledges and grants receivable

beginning of year $3,742,833 · end of year $3,300,580

9 · Prepaid expenses and deferred charges

beginning of year $44,838 · end of year $48,955

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

$25,419

10b · Land, buildings and equipment: accumulated depreciation

$25,419

10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0

11 · Investments: publicly traded securities

beginning of year $31,964,479 · end of year $35,727,649

12 · Investments: other securities

beginning of year $1,700,000 · end of year $1,885,238

17 · Accounts payable and accrued expenses

beginning of year $77,391 · end of year $116,389

25 · Other liabilities

beginning of year $1,979,103 · end of year $2,787,365

27 · Net assets without donor restrictions

beginning of year $7,270,194 · end of year $9,109,840

28 · Net assets with donor restrictions

beginning of year $30,528,686 · end of year $32,612,984