Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $3,239,991

• 1f · All other contributions, gifts and grants

  $914,303

• 2a · Program service revenue: REVOLVING LOAN INTERES

  total $220,253 · related or exempt $220,253

• 2b · Program service revenue: FEES AND COMMISSIONS

  total $79,087 · related or exempt $79,087

• 3 · Investment income

  total $31,109 · excluded $31,109

• 7a · Gross sales of assets other than inventory

  securities $951,110

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

  securities $818,877

• 7c · Gain or loss

  securities $132,233

• 7d · Net gain or loss

  total $132,233 · excluded $132,233

• 11a · Other revenue: PASS-THROUGH INCOME

  total $8,303 · related or exempt $8,303

• 11e · Other revenue, total

  $8,303

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $2,543,823 · program services $2,328,740 · management and general $215,083

• 8 · Pension plan contributions

  total $77,709 · program services $72,193 · management and general $5,516

• 9 · Other employee benefits

  total $198,183 · program services $183,156 · management and general $15,027

• 10 · Payroll taxes

  total $200,791 · program services $184,741 · management and general $16,050

• 11c · Fees: accounting

  total $22,425 · program services $22,425

• 11g · Fees: other

  total $571,698 · program services $571,698

• 12 · Advertising and promotion

  total $102,117 · program services $99,817 · management and general $2,300

• 13 · Office expenses

  total $54,114 · program services $49,593 · management and general $4,521

• 14 · Information technology

  total $73,814 · program services $73,814

• 16 · Occupancy

  total $49,981 · program services $49,981

• 17 · Travel

  total $12,762 · program services $12,754 · management and general $8

• 19 · Conferences, conventions and meetings

  total $14,429 · program services $14,429

• 20 · Interest

  total $69,962 · program services $69,962

• 23 · Insurance

  total $29,292 · program services $29,292

• 24a · Other expenses: COMMUNITY EVENT EXPENSE

  total $202,179 · program services $202,179

• 24b · Other expenses: CYBER CRIME LOSS

  total $130,248 · management and general $130,248

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $72,816 · program services $70,622 · management and general $2,194

• 24d · Other expenses: PROVISION FOR LOSSES

  total $60,708 · program services $35,708 · management and general $25,000

• 24e · All other expenses

  total $215,091 · program services $152,372 · management and general $62,719

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,466,573 · end of year $182,872

• 3 · Pledges and grants receivable

  beginning of year $702,100 · end of year $470,770

• 4 · Accounts receivable

  beginning of year $41,046 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $2,365,452 · end of year $4,158,215

• 9 · Prepaid expenses and deferred charges

  beginning of year $5,925 · end of year $18,984

• 11 · Investments: publicly traded securities

  beginning of year $1,435,731 · end of year $1,600,699

• 15 · Other assets

  beginning of year $63,516 · end of year $72,319

• 17 · Accounts payable and accrued expenses

  beginning of year $190,469 · end of year $296,527

• 19 · Deferred revenue

  end of year $75,000

• 24 · Unsecured notes and loans payable

  beginning of year $1,500,000 · end of year $1,646,236

• 25 · Other liabilities

  beginning of year $1,223,094 · end of year $1,362,579

• 27 · Net assets without donor restrictions

  beginning of year $743,689 · end of year $318,312

• 28 · Net assets with donor restrictions

  beginning of year $2,423,091 · end of year $2,805,205

The filer's explanations (Part III)

LINE 3

RELATED COMPENSATION IS DETERMINED BY THE RELATED ENTITIES' BOARD OF DIRECTORS.