Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $6,261,257

• 3 · Investment income

  total $197,668 · excluded $197,668

• 7a · Gross sales of assets other than inventory

  securities $528,187

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

  securities $542,459

• 7c · Gain or loss

  securities -$14,272

• 7d · Net gain or loss

  total -$14,272 · excluded -$14,272

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $500 · excluded $500

• 11e · Other revenue, total

  $500

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,317,327 · program services $1,877,035 · management and general $440,292

• 7 · Other salaries and wages

  total $1,483,620 · program services $1,275,050 · management and general $208,570

• 9 · Other employee benefits

  total $246,001 · program services $206,882 · management and general $39,119

• 10 · Payroll taxes

  total $219,980 · program services $182,583 · management and general $37,397

• 11b · Fees: legal

  total $9,481 · program services $5,404 · management and general $4,077

• 11c · Fees: accounting

  total $26,650 · program services $15,191 · management and general $11,459

• 11g · Fees: other

  total $1,159,050 · program services $962,011 · management and general $197,039

• 12 · Advertising and promotion

  total $8,232 · program services $8,232

• 13 · Office expenses

  total $29,699 · program services $24,912 · management and general $4,787

• 14 · Information technology

  total $18,761 · program services $15,917 · management and general $2,844

• 16 · Occupancy

  total $241,993 · program services $200,854 · management and general $41,139

• 17 · Travel

  total $92,565 · program services $76,829 · management and general $15,736

• 19 · Conferences, conventions and meetings

  total $4,678 · program services $3,883 · management and general $795

• 22 · Depreciation, depletion and amortization

  total $74,438 · program services $59,550 · management and general $14,888

• 23 · Insurance

  total $26,441 · program services $21,946 · management and general $4,495

• 24a · Other expenses: PROGRAM EXPENSES

  total $385,059 · program services $319,599 · management and general $65,460

• 24b · Other expenses: STAFF DEVELOPMENT

  total $183,017 · program services $151,904 · management and general $31,113

• 24c · Other expenses: STRATEGIC PLANNING

  total $99,679 · program services $89,714 · management and general $9,965

• 24d · Other expenses: EQUIPMENT RENTAL AND MA

  total $26,468 · program services $21,968 · management and general $4,500

• 24e · All other expenses

  total $65,218 · program services $55,262 · management and general $9,956

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $232,381 · end of year $504,313

• 2 · Savings and temporary cash investments

  beginning of year $1,434,878 · end of year $1,019,663

• 4 · Accounts receivable

  beginning of year $462,085 · end of year $1,188,711

• 9 · Prepaid expenses and deferred charges

  beginning of year $97,136 · end of year $89,288

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

  $1,799,471

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

  $422,489

• 10c · Land, buildings and equipment, net

  beginning of year $223,879 · end of year $1,376,982

• 11 · Investments: publicly traded securities

  beginning of year $8,945,832 · end of year $7,936,474

• 14 · Intangible assets

  beginning of year $17,109 · end of year $20,328

• 15 · Other assets

  beginning of year $40,249 · end of year $40,249

• 17 · Accounts payable and accrued expenses

  beginning of year $411,347 · end of year $953,973

• 19 · Deferred revenue

  beginning of year $1,932,533 · end of year $2,120,855

• 25 · Other liabilities

  beginning of year $173,738 · end of year $1,128,455

• 27 · Net assets without donor restrictions

  beginning of year $8,935,931 · end of year $7,772,725

• 28 · Net assets with donor restrictions

  end of year $200,000

The filer's explanations (Part III)

PART I, LINE 5

ANNUAL BONUSES ARE ACCRUED THOUGHOUT THE YEAR AND PAID IN THE FIRST QUARTER OF THE FOLLOWING YEAR. THESE BONUSES ARE BASED ON ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE. THIS POLICY WAS ADOPTED BY THE BOARD'S COMPENSATION COMMITTEE IN 2013. IN 2022, THE ORGANIZATION ACCRUED $262,313 OF BONUSES, EXPECTED TO BE PAID IN MARCH . BONUS CALCULATIONS ARE MADE IN ALIGNMENT WITH THE COMPENSATION AND BENEFIT STUDY WHICH OCCURS EVERY 2 YEARS.