Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: ADMINISTRATIVE FEE-REL

  total $1,657,221 · related or exempt $1,657,221

• 4 · Income from investment of tax-exempt bond proceeds

  total $12,992 · excluded $12,992

• 5 · Royalties

  total $3,000 · excluded $3,000

• 11a · Other revenue: MISCELLANEOUS FEES-COP

  total $2,347 · excluded $2,347

• 11e · Other revenue, total

  $2,347

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $361,904 · management and general $361,904

• 7 · Other salaries and wages

  total $476,985 · management and general $476,985

• 9 · Other employee benefits

  total $227,665 · management and general $227,665

• 10 · Payroll taxes

  total $68,555 · management and general $68,555

• 11b · Fees: legal

  total $23,355 · management and general $23,355

• 11c · Fees: accounting

  total $72,500 · management and general $72,500

• 11g · Fees: other

  total $159,864 · management and general $159,864

• 12 · Advertising and promotion

  total $755 · management and general $755

• 13 · Office expenses

  total $31,067 · management and general $31,067

• 14 · Information technology

  total $149,402 · management and general $149,402

• 16 · Occupancy

  total $35,376 · management and general $35,376

• 17 · Travel

  total $14,300 · management and general $14,300

• 19 · Conferences, conventions and meetings

  total $1,832 · management and general $1,832

• 22 · Depreciation, depletion and amortization

  total $6,606 · management and general $6,606

• 23 · Insurance

  total $20,972 · management and general $20,972

• 24a · Other expenses: LICENSE/PERMITS/DUES

  total $20,625 · management and general $20,625

• 24b · Other expenses: TRAINING

  total $8,031 · management and general $8,031

• 24c · Other expenses: SUPPLIES

  total $3,870 · management and general $3,870

• 24d · Other expenses: MISCELLANEOUS

  total $3,091 · management and general $3,091

• 24e · All other expenses

  total $557 · management and general $557

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,550 · end of year $2,055

• 2 · Savings and temporary cash investments

  beginning of year $274,990 · end of year $1,085,567

• 4 · Accounts receivable

  beginning of year $127 · end of year $559

• 9 · Prepaid expenses and deferred charges

  beginning of year $201,251 · end of year $153,899

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

  $363,578

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

  $345,016

• 10c · Land, buildings and equipment, net

  beginning of year $11,214 · end of year $18,562

• 15 · Other assets

  beginning of year $878,753 · end of year $212,578

• 17 · Accounts payable and accrued expenses

  beginning of year $310,758 · end of year $427,845

• 27 · Net assets without donor restrictions

  beginning of year $1,057,127 · end of year $1,045,375

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

THE CHIEF EXECUTIVE OFFICER HAS A SIGNED CONTRACT WITH THE ORGANIZATION THAT INCLUDES A SET COMPENSATION LEVEL. THE CONTRACT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE DECISION IS MADE BASED ON A COMPARISON OF OUTSIDE COMPENSATION REVIEWS, PAST PERFORMANCED, BUDGET OUTLAYS AND THE CURRENT ECONOMIC ENVIRONMENT.