Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,612,183

• 1e · Government grants (contributions)

  $7,225,575

• 1f · All other contributions, gifts and grants

  $7,831,546

• 1g · Noncash contributions included above

  $49,308

• 2a · Program service revenue: PROGRAM INCOME AND SERVICE FEES

  total $859,670 · related or exempt $859,670

• 3 · Investment income

  total $380,421 · excluded $380,421

• 6a · Gross rents

  real property $19,200

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $19,200

• 6d · Net rental income or loss

  total $19,200 · excluded $19,200

• 7a · Gross sales of assets other than inventory

  securities $589,196

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

  securities $546,262

• 7c · Gain or loss

  securities $42,934

• 7d · Net gain or loss

  total $42,934 · excluded $42,934

• 8a · Fundraising events: gross income

  $322,342

• 8a · Fundraising events: contributions included on line 1c

  $1,612,183

• 8b · Fundraising events: direct expenses

  $449,910

• 8c · Net income from fundraising events

  total -$127,568 · excluded -$127,568

• 11a · Other revenue: DEVELOPERS FEE

  total $113,099 · related or exempt $113,099

• 11b · Other revenue: MISCELLANEOUS

  total $7,643 · excluded $7,643

• 11e · Other revenue, total

  $120,742

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $416,319 · program services $416,319

• 3 · Grants to foreign organizations and individuals

  total $75,734 · program services $75,734

• 5 · Compensation of officers, directors and key employees

  total $1,068,134 · program services $685,574 · management and general $229,131 · fundraising $153,429

• 7 · Other salaries and wages

  total $10,264,766 · program services $8,001,666 · management and general $845,854 · fundraising $1,417,246

• 8 · Pension plan contributions

  total $264,051 · program services $206,299 · management and general $34,771 · fundraising $22,981

• 9 · Other employee benefits

  total $1,550,150 · program services $1,191,748 · management and general $91,920 · fundraising $266,482

• 10 · Payroll taxes

  total $875,411 · program services $671,537 · management and general $121,283 · fundraising $82,591

• 11b · Fees: legal

  total $137,953 · program services $110,362 · management and general $27,591

• 11c · Fees: accounting

  total $96,975 · program services $28,838 · management and general $68,137

• 11d · Fees: lobbying

  total $90,050 · program services $90,050

• 11e · Fees: professional fundraising services

  total $128,265 · fundraising $128,265

• 11g · Fees: other

  total $2,736,340 · program services $1,988,208 · management and general $487,219 · fundraising $260,913

• 12 · Advertising and promotion

  total $279,560 · program services $168,225 · management and general $81,297 · fundraising $30,038

• 13 · Office expenses

  total $651,226 · program services $333,625 · management and general $18,561 · fundraising $299,040

• 14 · Information technology

  total $482,955 · program services $370,480 · management and general $45,565 · fundraising $66,910

• 16 · Occupancy

  total $405,936 · program services $405,936

• 17 · Travel

  total $383,003 · program services $249,366 · management and general $73,324 · fundraising $60,313

• 19 · Conferences, conventions and meetings

  total $150,915 · program services $53,670 · management and general $93,575 · fundraising $3,670

• 20 · Interest

  total $327,075 · program services $283,128 · management and general $21,066 · fundraising $22,881

• 22 · Depreciation, depletion and amortization

  total $799,437 · program services $736,181 · management and general $38,070 · fundraising $25,186

• 23 · Insurance

  total $103,017 · program services $79,026 · management and general $9,719 · fundraising $14,272

• 24a · Other expenses: CLIENT FOOD AND OTHER

  total $912,504 · program services $911,878 · fundraising $626

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $357,131 · program services $273,959 · management and general $33,694 · fundraising $49,478

• 24c · Other expenses: FOOD AND ENTERTAINMENT

  total $205,638 · program services $14,587 · management and general $19,439 · fundraising $171,612

• 24d · Other expenses: STAFF TRAINING

  total $63,639 · program services $53,536 · management and general $7,447 · fundraising $2,656

• 24e · All other expenses

  total $255,093 · program services $90,626 · management and general $91,951 · fundraising $72,516

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,518,246 · end of year $1,292,326

• 2 · Savings and temporary cash investments

  beginning of year $3,748,957 · end of year $2,188,661

• 3 · Pledges and grants receivable

  beginning of year $10,454,347 · end of year $8,346,523

• 4 · Accounts receivable

  beginning of year $263,656 · end of year $411,712

• 9 · Prepaid expenses and deferred charges

  beginning of year $208,211 · end of year $378,119

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

  $16,918,852

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

  $5,187,933

• 10c · Land, buildings and equipment, net

  beginning of year $12,469,210 · end of year $11,730,919

• 11 · Investments: publicly traded securities

  end of year $6,170,129

• 12 · Investments: other securities

  beginning of year $5,782,448

• 15 · Other assets

  beginning of year $1,508,024 · end of year $1,592,853

• 17 · Accounts payable and accrued expenses

  beginning of year $1,619,421 · end of year $1,874,188

• 19 · Deferred revenue

  beginning of year $343,942 · end of year $838,457

• 23 · Secured mortgages and notes payable

  beginning of year $7,143,228 · end of year $6,962,386

• 25 · Other liabilities

  beginning of year $1,497,107 · end of year $1,595,793

• 27 · Net assets without donor restrictions

  beginning of year $20,316,301 · end of year $16,967,732

• 28 · Net assets with donor restrictions

  beginning of year $5,033,100 · end of year $3,872,686

The filer's explanations (Part III)

PART I, LINE 3

A COMPENSATION POLICY HAS BEEN ESTABLISHED BY THE EXECUTIVE COMMITTEE FOR THE CEO POSITION. IT INCLUDES USING IMPARTIAL DECISION MARKERS, COMPARABILITY DATA AND CONCURRENT DOCUMENTATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• SAGE CROTONA

  C · REAL ESTATE · NY · 100% owned · controlled entity

  Directly controlled by SAGE