Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,622,644

• 1f · All other contributions, gifts and grants

  $5,734

• 2a · Program service revenue: PROGRAM SERVICE REVENUE

  total $86,017 · related or exempt $86,017

• 2f · All other program service revenue

  total $31,667 · related or exempt $31,667

• 3 · Investment income

  total $803,056 · unrelated business -$22,345 · excluded $825,401

• 5 · Royalties

  total $3,580,682 · related or exempt $3,580,682

• 6a · Gross rents

  real property $7,304,260

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $7,304,260

• 6d · Net rental income or loss

  total $7,304,260 · related or exempt $6,879,306 · unrelated business $424,954

• 7a · Gross sales of assets other than inventory

  securities $56,240 · other assets $75,483

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

  securities $0 · other assets $4,668

• 7c · Gain or loss

  securities $56,240 · other assets $70,815

• 7d · Net gain or loss

  total $127,055 · excluded $127,055

• 10a · Gross sales of inventory

  $394,095

• 10b · Cost of goods sold

  $23,198

• 10c · Net income from sales of inventory

  total $370,897 · related or exempt $370,897

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,128,125 · program services $171,671 · management and general $956,454

• 7 · Other salaries and wages

  total $3,731,196 · program services $3,082,157 · management and general $649,039

• 8 · Pension plan contributions

  total $482,216 · program services $373,819 · management and general $108,397

• 9 · Other employee benefits

  total $322,269 · program services $255,420 · management and general $66,849

• 10 · Payroll taxes

  total $312,311 · program services $214,118 · management and general $98,193

• 11b · Fees: legal

  total $594,541 · program services $543,747 · management and general $50,794

• 11c · Fees: accounting

  total $65,459 · management and general $65,459

• 11g · Fees: other

  total $860,541 · management and general $860,541

• 12 · Advertising and promotion

  total $25,032 · program services $25,032

• 13 · Office expenses

  total $30,203 · management and general $30,203

• 14 · Information technology

  total $218,827 · management and general $218,827

• 15 · Royalties

  total $2,523,980 · program services $2,523,980

• 16 · Occupancy

  total $2,263,807 · program services $2,263,807

• 17 · Travel

  total $87,287 · management and general $87,287

• 19 · Conferences, conventions and meetings

  total $21,850 · management and general $21,850

• 20 · Interest

  total $1,254,250 · program services $1,254,250

• 22 · Depreciation, depletion and amortization

  total $1,580,037 · program services $1,523,953 · management and general $56,084

• 23 · Insurance

  total $397,076 · program services $359,033 · management and general $38,043

• 24a · Other expenses: MAXWELL RANCH EXPENSES

  total $80,978 · program services $80,978

• 24b · Other expenses: DUES & LICENSES

  total $70,196 · program services $25,853 · management and general $44,343

• 24c · Other expenses: STAFF TRAINING

  total $20,777 · management and general $20,777

• 24e · All other expenses

  total $257,275 · program services $76,419 · management and general $180,856

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,321,539 · end of year $481,912

• 2 · Savings and temporary cash investments

  beginning of year $7,884,841 · end of year $5,104,109

• 4 · Accounts receivable

  beginning of year $1,493,171 · end of year $1,772,248

• 7 · Other notes and loans receivable

  beginning of year $8,234,082 · end of year $8,161,193

• 8 · Inventories for sale or use

  beginning of year $24,050 · end of year $25,215

• 9 · Prepaid expenses and deferred charges

  beginning of year $21,751 · end of year $30,614

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

  $54,453,133

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

  $18,052,901

• 10c · Land, buildings and equipment, net

  beginning of year $37,038,129 · end of year $36,400,232

• 11 · Investments: publicly traded securities

  beginning of year $3,994,440 · end of year $9,585,255

• 12 · Investments: other securities

  beginning of year $54 · end of year $58

• 15 · Other assets

  beginning of year $8,343,457 · end of year $8,625,323

• 17 · Accounts payable and accrued expenses

  beginning of year $4,897,898 · end of year $5,565,495

• 19 · Deferred revenue

  beginning of year $292,294 · end of year $322,443

• 23 · Secured mortgages and notes payable

  beginning of year $37,716,725 · end of year $36,032,826

• 25 · Other liabilities

  beginning of year $7,522,774 · end of year $7,786,473

• 27 · Net assets without donor restrictions

  beginning of year $18,729,877 · end of year $20,282,976

• 28 · Net assets with donor restrictions

  beginning of year $195,946 · end of year $195,946

The filer's explanations (Part III)

PART I, LINE 7

CSU STRATA ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2023, BONUSES WERE AWARDED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION.