Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $22,745

• 1f · All other contributions, gifts and grants

  $88,666

• 2a · Program service revenue: RENTAL INCOME

  total $423,956 · related or exempt $423,956

• 8a · Fundraising events: gross income

  $0

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

  $22,745

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: OTHER INCOME

  total $7,907 · related or exempt $7,907

• 11e · Other revenue, total

  $7,907

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $116,063 · management and general $116,063

• 9 · Other employee benefits

  total $10,841 · management and general $10,841

• 10 · Payroll taxes

  total $8,879 · management and general $8,879

• 11c · Fees: accounting

  total $11,775 · management and general $11,775

• 13 · Office expenses

  total $18,387 · management and general $18,387

• 16 · Occupancy

  total $205,580 · program services $205,580

• 20 · Interest

  total $9,634 · program services $9,634

• 22 · Depreciation, depletion and amortization

  total $340,479 · program services $340,479

• 23 · Insurance

  total $6,977 · program services $6,977

• 24a · Other expenses: PURCHASED SERVICES

  total $179,204 · program services $179,204

• 24b · Other expenses: SUPPLIES & OTHER

  total $28,513 · program services $27,367 · management and general $1,146

• 24c · Other expenses: MINOR EQUIPMENT

  total $21,837 · program services $21,837

• 24d · Other expenses: RECOVERY OF BAD DEBTS

  total -$3,250 · program services -$3,250

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,007,046 · end of year $711,126

• 2 · Savings and temporary cash investments

  end of year $250,000

• 3 · Pledges and grants receivable

  beginning of year $140,791 · end of year $97,093

• 4 · Accounts receivable

  beginning of year $1,432 · end of year $4,176

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,225 · end of year $2,816

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

  $7,999,913

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

  $1,452,140

• 10c · Land, buildings and equipment, net

  beginning of year $6,883,904 · end of year $6,547,773

• 14 · Intangible assets

  beginning of year $195,652 · end of year $191,304

• 17 · Accounts payable and accrued expenses

  beginning of year $54,001 · end of year $46,149

• 19 · Deferred revenue

  beginning of year $3,996 · end of year $4,031

• 23 · Secured mortgages and notes payable

  beginning of year $1,000,000 · end of year $1,000,000

• 25 · Other liabilities

  beginning of year $1,036,536 · end of year $1,028,236

• 27 · Net assets without donor restrictions

  beginning of year $5,966,226 · end of year $5,593,279

• 28 · Net assets with donor restrictions

  beginning of year $171,291 · end of year $132,593

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION OF OFFICERS AND DIRECTORS RECEIVED FROM RELATED ORGANIZATIONS ARE FOR SERVICES PERFORMED FOR THOSE ORGANIZATIONS IN ACCORDANCE WITH POLICIES ESTABLISHED BY THOSE ORGANIZATIONS.