Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $146,700

• 1c · Fundraising events

  $247,350

• 1f · All other contributions, gifts and grants

  $17,486,440

• 1g · Noncash contributions included above

  $5,000

• 2a · Program service revenue: SALE OF FIESTA MEDALS

  total $103 · related or exempt $103

• 3 · Investment income

  total $1,088,534 · excluded $1,088,534

• 8a · Fundraising events: gross income

  $2,726,375

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

  $247,350

• 8b · Fundraising events: direct expenses

  $863,350

• 8c · Net income from fundraising events

  total $1,863,025 · excluded $1,863,025

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $15,493,059 · program services $15,493,059

• 11e · Fees: professional fundraising services

  total $5,000 · fundraising $5,000

• 11g · Fees: other

  total $216,192 · program services $134,245 · fundraising $81,947

• 12 · Advertising and promotion

  total $199,627 · program services $25,000 · fundraising $174,627

• 13 · Office expenses

  total $19,818 · program services $6,831 · management and general $197 · fundraising $12,790

• 14 · Information technology

  total $26,612 · program services $735 · management and general $262 · fundraising $25,615

• 16 · Occupancy

  total $23,726 · fundraising $23,726

• 19 · Conferences, conventions and meetings

  total $278,366 · program services $28,547 · management and general $5,687 · fundraising $244,132

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,622,515 · end of year $2,827,282

• 2 · Savings and temporary cash investments

  beginning of year $18,568,430 · end of year $24,899,093

• 3 · Pledges and grants receivable

  beginning of year $26,545,654 · end of year $27,671,426

• 4 · Accounts receivable

  end of year $89,290

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,499 · end of year $38,015

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

  $31,315

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

  $31,315

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $15,508 · end of year $62,274

• 17 · Accounts payable and accrued expenses

  beginning of year $16,242 · end of year $51,832

• 19 · Deferred revenue

  end of year $20,000

• 25 · Other liabilities

  beginning of year $2,616,137 · end of year $6,319,569

• 27 · Net assets without donor restrictions

  beginning of year $5,142,685 · end of year $7,067,851

• 28 · Net assets with donor restrictions

  beginning of year $39,983,542 · end of year $42,128,128

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

SCHEDULE J, PART I, LINE 3 IS LEFT BLANK IN ACCORDANCE WITH THE IRS FORM 990 INSTRUCTIONS BECAUSE THE ORGANIZATION RELIED ON ALAMO TRUST, INC., A RELATED TAX-EXEMPT ORGANIZATION, TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OFFICERS OF THE ORGANIZATION. ALAMO TRUST, INC.'S EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES COMPENSATION. MANAGMENT CONDUCTS CONTEMPORANEOUS DOCUMENTATION OF THEIR FINDINGS OF THE COMPARABILITY DATA. HIRING IS CONDUCTED THROUGH A MERIT BASED OPEN SEARCH WHEREBY CANDIDATES ARE OFFERED POSITIONS AND SALARIES COMMENSURATE WITH INDUSTRY NORMS, LOCAL MARKET RATES AND THEIR COMPARABLE EXPERTISE AND EXPERIENCE. THE PROCESS WAS LAST CONDUCTED DURING FISCAL YEAR 2025.