Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $1,542,154 · related or exempt $1,542,154

• 3 · Investment income

  total $30,064 · excluded $30,064

• 7a · Gross sales of assets other than inventory

  securities $150,000

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

  securities $149,936

• 7c · Gain or loss

  securities $64

• 7d · Net gain or loss

  total $64 · excluded $64

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $254,228 · program services $113,230 · management and general $140,998

• 7 · Other salaries and wages

  total $308,923 · program services $137,590 · management and general $171,333

• 9 · Other employee benefits

  total $192,116 · program services $58,838 · management and general $133,278

• 10 · Payroll taxes

  total $40,080 · program services $20,224 · management and general $19,856

• 11f · Fees: investment management

  total $5,878 · management and general $5,878

• 11g · Fees: other

  total $38,481 · program services $29,781 · management and general $8,700

• 13 · Office expenses

  total $4,129 · program services $1,883 · management and general $2,246

• 14 · Information technology

  total $282,303 · program services $282,303

• 17 · Travel

  total $14,580 · program services $10,505 · management and general $4,075

• 22 · Depreciation, depletion and amortization

  total $1,285 · program services $1,285

• 23 · Insurance

  total $3,129 · management and general $3,129

• 24a · Other expenses: LIBRARY EXPENSES

  total $266,012 · program services $266,012

• 24b · Other expenses: FEES & HONORARIA

  total $111,004 · program services $111,004

• 24e · All other expenses

  total $8,351 · program services $3,053 · management and general $5,298

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $988,454 · end of year $940,028

• 3 · Pledges and grants receivable

  beginning of year $73,006

• 4 · Accounts receivable

  end of year $71,525

• 9 · Prepaid expenses and deferred charges

  end of year $104,251

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

  $469,219

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

  $465,361

• 10c · Land, buildings and equipment, net

  beginning of year $5,143 · end of year $3,858

• 11 · Investments: publicly traded securities

  beginning of year $575,803 · end of year $602,805

• 15 · Other assets

  beginning of year $101,324 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $261,741 · end of year $195,717

• 27 · Net assets without donor restrictions

  beginning of year $1,368,485 · end of year $1,467,639

• 28 · Net assets with donor restrictions

  beginning of year $113,504 · end of year $59,111

The filer's explanations (Part III)

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLANS - SOME OF THE TRUSTEES, EACH OF WHOM IS THE PRESIDENT OF HIS/HER RESPECTIVE COLLEGE OR UNIVERSITY, ARE PARTICIPANTS IN NONQUALIFIED DEFERRED COMPENSATION PLANS OF THEIR RESPECTIVE INSTITUTIONS. THE FIVE COLLEGES OF OHIO DOES NOT PROVIDE ANY NONQUALIFIED RETIREMENT PLANS TO ITS STAFF OR TRUSTEES.