Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $369,000

• 1f · All other contributions, gifts and grants

  $12,809,748

• 1g · Noncash contributions included above

  $509,444

• 3 · Investment income

  total $17,818 · excluded $17,818

• 7a · Gross sales of assets other than inventory

  securities $1,300,000

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

  securities $1,297,443

• 7c · Gain or loss

  securities $2,557

• 7d · Net gain or loss

  total $2,557 · excluded $2,557

• 8a · Fundraising events: gross income

  $1,448,926

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

  $369,000

• 8b · Fundraising events: direct expenses

  $328,953

• 8c · Net income from fundraising events

  total $1,119,973 · excluded $1,119,973

• 11a · Other revenue: OTHER REVENUE

  total $220,852 · excluded $220,852

• 11e · Other revenue, total

  $220,852

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,251 · program services $12,251

• 5 · Compensation of officers, directors and key employees

  total $941,340 · program services $734,013 · management and general $33,896 · fundraising $173,431

• 7 · Other salaries and wages

  total $4,808,302 · program services $4,037,443 · management and general -$165,718 · fundraising $936,577

• 8 · Pension plan contributions

  total $62,547 · management and general $62,547

• 9 · Other employee benefits

  total $398,116 · program services $226,498 · management and general $95,937 · fundraising $75,681

• 10 · Payroll taxes

  total $423,144 · program services $228,937 · management and general $113,862 · fundraising $80,345

• 11b · Fees: legal

  total $63,708 · program services $61,953 · management and general $1,755

• 11c · Fees: accounting

  total $41,949 · management and general $41,949

• 11e · Fees: professional fundraising services

  total $248,500 · fundraising $248,500

• 11g · Fees: other

  total $1,422,318 · program services $1,278,486 · management and general $140,813 · fundraising $3,019

• 12 · Advertising and promotion

  total $2,682,029 · program services $2,668,232 · management and general $379 · fundraising $13,418

• 13 · Office expenses

  total $421,290 · program services $144,857 · management and general $164,911 · fundraising $111,522

• 14 · Information technology

  total $538,355 · program services $93,196 · management and general $163,574 · fundraising $281,585

• 16 · Occupancy

  total $704,788 · program services $587,087 · management and general $62,074 · fundraising $55,627

• 17 · Travel

  total $237,576 · program services $101,483 · management and general $107,175 · fundraising $28,918

• 19 · Conferences, conventions and meetings

  total $125,954 · program services $47,381 · management and general $29,300 · fundraising $49,273

• 20 · Interest

  total $180 · management and general $180

• 22 · Depreciation, depletion and amortization

  total $167,581 · program services $109,470 · management and general $48,593 · fundraising $9,518

• 23 · Insurance

  total $83,382 · program services $70,866 · management and general $6,258 · fundraising $6,258

• 24a · Other expenses: SUBSCRIPTION & DUES

  total $78,265 · program services $36,866 · management and general $38,938 · fundraising $2,461

• 24b · Other expenses: EQUIPMENT & REPAIRS

  total $68,970 · program services $641 · management and general $65,418 · fundraising $2,911

• 24c · Other expenses: PROPERTY TAXES

  total $8,623 · management and general $8,623

• 26 · Joint costs (an allocation of the lines above)

  total $478,278 · program services $272,214 · management and general $0 · fundraising $206,064

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,295,642 · end of year $2,115,460

• 2 · Savings and temporary cash investments

  beginning of year $2,082,783 · end of year $1,641,640

• 3 · Pledges and grants receivable

  beginning of year $2,015,889 · end of year $1,938,399

• 4 · Accounts receivable

  beginning of year $122,509 · end of year $109,487

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,828 · end of year $77,494

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

  $850,513

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

  $782,511

• 10c · Land, buildings and equipment, net

  beginning of year $126,071 · end of year $68,002

• 11 · Investments: publicly traded securities

  end of year $2,670,963

• 15 · Other assets

  beginning of year $3,026,737 · end of year $2,988,146

• 17 · Accounts payable and accrued expenses

  beginning of year $1,103,981 · end of year $2,204,914

• 19 · Deferred revenue

  beginning of year $266,317 · end of year $60,500

• 25 · Other liabilities

  beginning of year $11,894 · end of year $42,130

• 27 · Net assets without donor restrictions

  beginning of year $5,556,221 · end of year $6,631,894

• 28 · Net assets with donor restrictions

  beginning of year $2,745,046 · end of year $2,670,153

The filer's explanations (Part III)

PART I, LINE 1A

BRADY PAYS FOR A BUSINESS INTERNET CONNECTION AT KRIS BROWN'S HOME USED FOR REGULAR MEDIA APPEARANCES, INTERVIEWS, AND GENERAL BUSINESS ACTIVITIES. BRADY PAYS FOR DUES AT A SOCIAL CLUB USED BY KRIS BROWN FOR NETWORKING AND DONOR MEETINGS. THESE ARE BOARD APPROVED EXPENSES.

PART I, LINE 4A

JONATHAN LOWY RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $53,743.

PART I, LINE 5

EMPLOYEES WERE PAID A FIXED BONUS IF BRADY REVENUE GOALS WERE MET. THESE BONUS PAYMENTS WERE PAID IF THEY MET OR BEAT REVENUE GOALS.

PART I, LINE 7

KRISTIN BROWN, SUSAN LAVINGTON AND LIZ DUNNING RECEIVED PERFORMANCE BASED BONUSES.