Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $44,140

• 1f · All other contributions, gifts and grants

  $22,272

• 3 · Investment income

  total $6 · excluded $6

• 8a · Fundraising events: gross income

  $4,050

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

  $44,140

• 8b · Fundraising events: direct expenses

  $20,228

• 8c · Net income from fundraising events

  total -$16,178 · excluded -$16,178

Functional expenses

Part IX, the statement of functional expenses.

• 11b · Fees: legal

  total $5,448 · management and general $5,448

• 11c · Fees: accounting

  total $1,350 · management and general $1,350

• 11g · Fees: other

  total $47,650 · program services $4,261 · management and general $43,389

• 13 · Office expenses

  total $44 · management and general $44

• 17 · Travel

  total $688 · program services $315 · management and general $373

• 24a · Other expenses: LEASED EMPLOYEES

  total $191,247 · program services $878 · management and general $190,369

• 24b · Other expenses: MISCELLANEOUS

  total $5,565 · program services $5,565

• 24c · Other expenses: STAFF DEVELOPMENT

  total $1,040 · program services $1,040

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $120,700 · end of year $21,396

• 4 · Accounts receivable

  end of year $24,457

• 15 · Other assets

  beginning of year $526,688 · end of year $419,812

• 17 · Accounts payable and accrued expenses

  beginning of year $2,311 · end of year $25,380

• 19 · Deferred revenue

  beginning of year $2,000 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $643,077 · end of year $440,285

The filer's explanations (Part III)

PART I, LINE 3

THE BYLAWS ESTABLISH THAT THE EXECUTIVE COMMITTEE HAS GENERAL OVERSIGHT OF THE ORGANIZATION'S HUMAN RESOURCE PLAN. SPECIFIC DUTIES INCLUDE YEARLY EVALUATION OF THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AND SETTING THE COMPENSATION FOR THE FOLLOWING YEAR. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING FLORIDA AGENCIES ON AGING AND OTHER STUDIES OF COMPARABLE NOT FOR PROFIT AGENCIES. THE COMMITTEE MEETS INDEPENDENT OF THE EXECUTIVE DIRECTOR TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, PROFESSIONAL ADVISORS, GRANT RECIPIENTS, AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE CHIEF EXECUTIVE PRESENT, TO THE FULL BOARD FOR REVIEW AND APPROVAL.