Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $160,289

• 1f · All other contributions, gifts and grants

  $4,870,051

• 1g · Noncash contributions included above

  $29,941

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $2,094,892 · unrelated business $568 · excluded $2,094,324

• 6a · Gross rents

  real property $141,481

• 6c · Rental income or loss

  real property $141,481 · personal property $0

• 6d · Net rental income or loss

  total $141,481 · excluded $141,481

• 7a · Gross sales of assets other than inventory

  securities $13,466,739

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

  securities $13,164,576

• 7c · Gain or loss

  securities $302,163 · other assets $0

• 7d · Net gain or loss

  total $302,163 · excluded $302,163

• 8a · Fundraising events: gross income

  $34,686

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

  $160,289

• 8b · Fundraising events: direct expenses

  $122,495

• 8c · Net income from fundraising events

  total -$87,809 · excluded -$87,809

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,963,259 · program services $3,963,259

• 5 · Compensation of officers, directors and key employees

  total $627,662 · program services $158,948 · management and general $359,372 · fundraising $109,342

• 7 · Other salaries and wages

  total $1,137,530 · program services $830,723 · management and general $133,340 · fundraising $173,467

• 8 · Pension plan contributions

  total $104,482 · program services $77,931 · management and general $11,186 · fundraising $15,365

• 9 · Other employee benefits

  total $177,985 · program services $116,908 · management and general $32,496 · fundraising $28,581

• 10 · Payroll taxes

  total $114,919 · program services $66,653 · management and general $29,879 · fundraising $18,387

• 11b · Fees: legal

  total $4,372 · management and general $4,372

• 11c · Fees: accounting

  total $40,399 · management and general $40,399

• 11f · Fees: investment management

  total $177,429 · management and general $177,429

• 11g · Fees: other

  total $301,555 · program services $148,117 · management and general $88,680 · fundraising $64,758

• 12 · Advertising and promotion

  total $91,626 · program services $63,462 · management and general $1,070 · fundraising $27,094

• 13 · Office expenses

  total $57,994 · program services $19,159 · management and general $33,805 · fundraising $5,030

• 16 · Occupancy

  total $24,567 · program services $6,756 · management and general $16,493 · fundraising $1,318

• 17 · Travel

  total $135,403 · program services $68,367 · management and general $32,916 · fundraising $34,120

• 20 · Interest

  total $3,193 · management and general $3,193

• 22 · Depreciation, depletion and amortization

  total $63,784 · program services $36,995 · management and general $16,584 · fundraising $10,205

• 23 · Insurance

  total $12,533 · program services $7,269 · management and general $3,259 · fundraising $2,005

• 24a · Other expenses: Backpacks\Auction Items

  total $29,941 · program services $29,941

• 24b · Other expenses: Certification Fees

  total $18,094 · program services $18,094

• 24c · Other expenses: Dues & Subscriptions

  total $1,449 · management and general $1,191 · fundraising $258

• 24d · Other expenses: Other

  total $33,932 · management and general $21,309 · fundraising $12,623

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,140

• 2 · Savings and temporary cash investments

  beginning of year $620,727 · end of year $533,350

• 3 · Pledges and grants receivable

  beginning of year $434,415 · end of year $95,104

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $83,336 · end of year $95,965

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

  $1,564,958

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

  $1,127,273

• 10c · Land, buildings and equipment, net

  beginning of year $498,270 · end of year $437,685

• 11 · Investments: publicly traded securities

  beginning of year $42,245,610 · end of year $43,493,060

• 12 · Investments: other securities

  beginning of year $109,996 · end of year $103,769

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $335,000 · end of year $346,009

• 17 · Accounts payable and accrued expenses

  beginning of year $139,243 · end of year $148,365

• 19 · Deferred revenue

  beginning of year $76,946 · end of year $26,917

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $104,561 · end of year $11,371

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $1,994,190 · end of year $2,491,100

• 28 · Net assets with donor restrictions

  beginning of year $42,015,554 · end of year $42,427,189

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments

The organization provided Rick Lofgren with tax gross-up payments for his personal use of a company owned automobile. The benefit was treated as taxable compensation. Also, the organization gives additional compensation to Richard Lofgren pay disability premiums. The organization provided him with tax gross-up payments on this additional compensation. The benefit was treated as taxable compensation.