Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $440,379

• 1f · All other contributions, gifts and grants

  $214,463

• 2a · Program service revenue: REGISTRATION FEES

  total $31,609 · related or exempt $31,609

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $1,651 · excluded $1,651

• 11e · Other revenue, total

  $1,651

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $6,596 · program services $6,596

• 7 · Other salaries and wages

  total $392,587 · program services $392,587

• 8 · Pension plan contributions

  total $6,589 · program services $6,589

• 9 · Other employee benefits

  total $16,972 · program services $16,972

• 10 · Payroll taxes

  total $30,702 · program services $30,702

• 11c · Fees: accounting

  total $1,032 · program services $1,032

• 11e · Fees: professional fundraising services

  total $1,323 · fundraising $1,323

• 11g · Fees: other

  total $56,690 · program services $56,690

• 12 · Advertising and promotion

  total $2,005 · program services $2,005

• 13 · Office expenses

  total $38,638 · program services $38,638

• 14 · Information technology

  total $1,640 · program services $1,640

• 16 · Occupancy

  total $83,889 · program services $83,889

• 17 · Travel

  total $3,531 · program services $3,531

• 19 · Conferences, conventions and meetings

  total $17,864 · program services $17,864

• 23 · Insurance

  total $1,978 · program services $1,978

• 24a · Other expenses: SUPPLIES

  total $56,954 · program services $56,954

• 24b · Other expenses: FOOD

  total $28,031 · program services $28,031

• 24c · Other expenses: ADMINISTRATIVE COSTS

  total $17,754 · program services $17,754

• 24d · Other expenses: MISCELLANEOUS

  total $643 · program services $643

Balance sheet

Part X, book values.

• 3 · Pledges and grants receivable

  beginning of year $634,696 · end of year $620,033

• 9 · Prepaid expenses and deferred charges

  beginning of year $425 · end of year $425

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

  $3,555

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

  $3,555

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $3,574,216 · end of year $2,194,997

• 17 · Accounts payable and accrued expenses

  beginning of year $50,041 · end of year $67,250

• 25 · Other liabilities

  beginning of year $1,266,937 · end of year $21,403

• 27 · Net assets without donor restrictions

  beginning of year $2,359,165 · end of year $2,193,608

• 28 · Net assets with donor restrictions

  beginning of year $533,194 · end of year $533,194

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER, RITA SANTELIA AND CHIEF FINANCIAL OFFICER, SHAKIL KHAN, WERE COMPENSATED BY A RELATED ORGANIZATION, MOSHOLU MONTEFIORE COMMUNITY CENTER, INC. COMPENSATION FOR THE ORGANIZATION'S OFFICERS WERE DETERMINED THROUGH A SALARY REVIEW PROCESS, WHICH INCLUDES A REVIEW BY THE FINANCE COMMITTEE. THESE REVIEWS INCLUDED THE USE OF A COMPENSATION SURVEY TO BENCHMARK EMPLOYEE COMPENSATION.