Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,604,827

• 1g · Noncash contributions included above

  $550,420

• 2a · Program service revenue: FUND MANAGEMENT FEE RE

  total $190,549 · related or exempt $190,549

• 2b · Program service revenue: ANNUAL DINNER RECEIPTS

  total $32,100 · related or exempt $32,100

• 3 · Investment income

  total $2,868,159 · excluded $2,868,159

• 6a · Gross rents

  real property $14,150

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $14,150

• 6d · Net rental income or loss

  total $14,150 · excluded $14,150

• 7a · Gross sales of assets other than inventory

  securities $287,306

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

  securities $143,653 · other assets $1,789

• 7c · Gain or loss

  securities $143,653 · other assets -$1,789

• 7d · Net gain or loss

  total $141,864 · excluded $141,864

• 11a · Other revenue: RECOVERY OF ALLOWANCE

  total $87,500 · related or exempt $87,500

• 11b · Other revenue: MISC. INCOME

  total $1,901 · related or exempt $1,901

• 11c · Other revenue: HARBER US REAL ESTATE

  total -$4,579 · unrelated business -$4,579

• 11e · Other revenue, total

  $84,822

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,128,364 · program services $3,128,364

• 2 · Grants to domestic individuals

  total $411,787 · program services $411,787

• 5 · Compensation of officers, directors and key employees

  total $531,114 · program services $160,808 · management and general $277,515 · fundraising $92,791

• 7 · Other salaries and wages

  total $695,464 · program services $202,684 · management and general $371,622 · fundraising $121,158

• 9 · Other employee benefits

  total $108,210 · program services $38,554 · management and general $50,496 · fundraising $19,160

• 10 · Payroll taxes

  total $82,788 · program services $23,974 · management and general $43,507 · fundraising $15,307

• 11b · Fees: legal

  total $8,522 · management and general $8,522

• 11c · Fees: accounting

  total $44,160 · management and general $44,160

• 11f · Fees: investment management

  total $200,803 · management and general $200,803

• 11g · Fees: other

  total $2,280 · program services $2,280

• 12 · Advertising and promotion

  total $181,372 · program services $170,819 · fundraising $10,553

• 13 · Office expenses

  total $22,908 · program services $7,456 · management and general $11,581 · fundraising $3,871

• 14 · Information technology

  total $52,763 · program services $15,857 · management and general $27,660 · fundraising $9,246

• 16 · Occupancy

  total $70,219 · program services $21,103 · management and general $36,811 · fundraising $12,305

• 17 · Travel

  total $19,940 · program services $5,993 · management and general $10,453 · fundraising $3,494

• 19 · Conferences, conventions and meetings

  total $11,343 · program services $11,343

• 20 · Interest

  total $26,422 · program services $21,512 · management and general $4,910

• 22 · Depreciation, depletion and amortization

  total $65,808 · program services $19,777 · management and general $34,499 · fundraising $11,532

• 23 · Insurance

  total $20,487 · program services $6,157 · management and general $10,740 · fundraising $3,590

• 24a · Other expenses: DUES, MEMBERSHIPS, & SU

  total $19,920 · program services $5,986 · management and general $10,442 · fundraising $3,492

• 24b · Other expenses: MISC EXPENSE

  total $6,749 · program services $5,495 · management and general $1,254

• 24c · Other expenses: COMMUNITY INITIATIVES

  total $3,419 · program services $3,419

• 24d · Other expenses: BANK FEES

  total $1,607 · program services $1,308 · management and general $299

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $470,973 · end of year $457,140

• 2 · Savings and temporary cash investments

  beginning of year $5,203,046 · end of year $4,922,709

• 3 · Pledges and grants receivable

  beginning of year $460,109 · end of year $204,183

• 4 · Accounts receivable

  beginning of year $87,549 · end of year $20,437

• 7 · Other notes and loans receivable

  beginning of year $1,800,537 · end of year $1,535,957

• 9 · Prepaid expenses and deferred charges

  beginning of year $34,517 · end of year $34,963

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

  $1,499,976

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

  $576,696

• 10c · Land, buildings and equipment, net

  beginning of year $982,274 · end of year $923,280

• 11 · Investments: publicly traded securities

  beginning of year $86,984,495 · end of year $97,736,712

• 15 · Other assets

  beginning of year $183,334 · end of year $539,368

• 17 · Accounts payable and accrued expenses

  beginning of year $156,473 · end of year $220,408

• 18 · Grants payable

  beginning of year $1,265,505 · end of year $1,423,211

• 19 · Deferred revenue

  beginning of year $311,956 · end of year $250,000

• 21 · Escrow or custodial account liability

  beginning of year $15,947,686 · end of year $17,687,105

• 23 · Secured mortgages and notes payable

  beginning of year $891,964 · end of year $873,495

• 24 · Unsecured notes and loans payable

  beginning of year $200,000

• 25 · Other liabilities

  beginning of year $35,000 · end of year $35,000

• 27 · Net assets without donor restrictions

  beginning of year $77,398,250 · end of year $85,885,530

The filer's explanations (Part III)

PART I, LINE 4A

SEVERANCE OF $120,000 ACCRUED ON 12/31/24 TO KAREN LEE WITH 50% BEING PAID IN JANUARY 2025 AND 50% BEING PAID IN JANUARY 2026