Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1b · Membership dues

  $0

• 1c · Fundraising events

  $0

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $0

• 1f · All other contributions, gifts and grants

  $5,677,813

• 1g · Noncash contributions included above

  $0

• 3 · Investment income

  total $4,115 · related or exempt $4,115 · unrelated business $0 · excluded $0

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

  total -$17,519 · related or exempt -$17,519 · unrelated business $0 · excluded $0

• 5 · Royalties

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

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

  $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,036,795 · program services $2,036,795

• 2 · Grants to domestic individuals

  total $0 · program services $0

• 3 · Grants to foreign organizations and individuals

  total $0 · program services $0

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $173,982 · management and general $173,982

• 7 · Other salaries and wages

  total $1,236,108 · program services $1,095,290 · management and general $24,797 · fundraising $116,021

• 9 · Other employee benefits

  total $159,974 · program services $124,260 · management and general $22,551 · fundraising $13,163

• 10 · Payroll taxes

  total $143,249 · program services $70,527 · management and general $64,157 · fundraising $8,565

• 11a · Fees: management

  total $911,123 · program services $616,893 · management and general $294,230

• 11b · Fees: legal

  total $10,534 · program services $10,534

• 11d · Fees: lobbying

  total $45,000 · program services $45,000

• 12 · Advertising and promotion

  total $2,335,305 · program services $1,132,974 · management and general $1,202,581 · fundraising -$250

• 13 · Office expenses

  total $179,001 · management and general $175,690 · fundraising $3,311

• 16 · Occupancy

  total $1,000 · management and general $1,000

• 17 · Travel

  total $1,276,681 · program services $1,276,681

• 22 · Depreciation, depletion and amortization

  total $13,842 · management and general $13,842

• 23 · Insurance

  total $33,842 · management and general $33,842

• 24e · All other expenses

  total $1,675 · management and general $1,675

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,804,912 · end of year $985,286

• 2 · Savings and temporary cash investments

  beginning of year $219,269 · end of year $0

• 4 · Accounts receivable

  beginning of year $444,650 · end of year $657,115

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

  $101,067

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

  $53,683

• 10c · Land, buildings and equipment, net

  beginning of year $61,226 · end of year $47,384

• 15 · Other assets

  end of year $7,540

• 17 · Accounts payable and accrued expenses

  beginning of year $70,535 · end of year $131,505

• 27 · Net assets without donor restrictions

  beginning of year $4,459,522 · end of year $1,565,820

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 1a

The Co-Founders occasionally fly first class to travel to various speaking engagements and interviews.

Schedule J, Part I, Line 3

The organization used an outside organization to research and determine officer and key employee compensation.

Schedule J, Part I, Line 4

Dean Anthony and Alexis Buchanan Thomas received severance pay.