Form 990 for tax year 2022

1e · Government grants (contributions)

$1,493,586

1f · All other contributions, gifts and grants

$1,299,065

2a · Program service revenue: Business Class Income

total $7,262 · related or exempt $7,262

2b · Program service revenue: Loan Collection Income

total $3,426 · related or exempt $3,426

3 · Investment income

total $21,868 · excluded $21,868

1 · Grants to domestic organizations and governments

total $290,500 · program services $290,500

5 · Compensation of officers, directors and key employees

total $94,125 · program services $75,300 · management and general $11,295 · fundraising $7,530

7 · Other salaries and wages

total $2,496,234 · program services $2,013,850 · management and general $290,456 · fundraising $191,928

11c · Fees: accounting

total $33,773 · program services $27,238 · management and general $3,934 · fundraising $2,601

13 · Office expenses

total $50,542 · program services $40,762 · management and general $5,888 · fundraising $3,892

14 · Information technology

total $67,185 · program services $54,186 · management and general $7,826 · fundraising $5,173

16 · Occupancy

total $18,834 · program services $15,190 · management and general $2,194 · fundraising $1,450

22 · Depreciation, depletion and amortization

total $2,230 · program services $1,783 · management and general $447

23 · Insurance

total $15,177 · program services $12,245 · management and general $1,763 · fundraising $1,169

24a · Other expenses: Direct Program Payments

total $220,545 · program services $121,663 · management and general $59,532 · fundraising $39,350

24b · Other expenses: Staff Development

total $62,755 · program services $50,613 · management and general $7,310 · fundraising $4,832

24c · Other expenses: Capacity Building

total $45,134 · program services $36,401 · management and general $5,258 · fundraising $3,475

24d · Other expenses: Development Fees

total $28,887 · program services $23,298 · management and general $3,365 · fundraising $2,224

24e · All other expenses

total $17,828 · program services $14,378 · management and general $2,077 · fundraising $1,373

1 · Cash, non-interest-bearing

beginning of year $2,637,751 · end of year $2,081,181

2 · Savings and temporary cash investments

beginning of year $992,564 · end of year $869,594

3 · Pledges and grants receivable

beginning of year $544,720 · end of year $544,573

4 · Accounts receivable

beginning of year $6,200 · end of year $9,700

7 · Other notes and loans receivable

beginning of year $204,896 · end of year $296,085

9 · Prepaid expenses and deferred charges

beginning of year $11,637

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

$188,016

10b · Land, buildings and equipment: accumulated depreciation

$188,016

10c · Land, buildings and equipment, net

beginning of year $2,230 · end of year $0

15 · Other assets

beginning of year $0 · end of year $32,766

17 · Accounts payable and accrued expenses

beginning of year $57,480 · end of year $177,157

24 · Unsecured notes and loans payable

beginning of year $450,000 · end of year $350,000

25 · Other liabilities

beginning of year $0 · end of year $32,766

27 · Net assets without donor restrictions

beginning of year $1,753,780 · end of year $1,644,328

28 · Net assets with donor restrictions

beginning of year $2,138,738 · end of year $1,629,648