Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $656,952,562

• 1f · All other contributions, gifts and grants

  $14,666,436

• 1g · Noncash contributions included above

  $2,209,902

• 2a · Program service revenue: FEES FOR SERVICES - LA

  total $100,687,186 · related or exempt $100,687,186

• 2b · Program service revenue: OTHER REVENUE

  total $466,895 · related or exempt $466,895

• 2c · Program service revenue: FAMILY FEES

  total $116,019 · related or exempt $116,019

• 3 · Investment income

  total $1,251,820 · excluded $1,251,820

• 7a · Gross sales of assets other than inventory

  securities $6,817,862

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

  securities $6,270,650 · other assets $164,024

• 7c · Gain or loss

  securities $547,212 · other assets -$164,024

• 7d · Net gain or loss

  total $383,188 · excluded $383,188

• 11a · Other revenue: PRINTING REVENUE

  total $180,773 · unrelated business $180,773

• 11e · Other revenue, total

  $180,773

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,209,902 · program services $2,209,902

• 5 · Compensation of officers, directors and key employees

  total $3,537,567 · program services $493,474 · management and general $3,044,093

• 7 · Other salaries and wages

  total $86,246,483 · program services $66,431,214 · management and general $19,617,603 · fundraising $197,666

• 8 · Pension plan contributions

  total $5,150,341 · program services $3,666,549 · management and general $1,471,677 · fundraising $12,115

• 9 · Other employee benefits

  total $17,664,135 · program services $14,390,798 · management and general $3,242,053 · fundraising $31,284

• 10 · Payroll taxes

  total $7,016,775 · program services $5,476,930 · management and general $1,525,683 · fundraising $14,162

• 11b · Fees: legal

  total $156,536 · management and general $154,971 · fundraising $1,565

• 11c · Fees: accounting

  total $171,327 · management and general $169,614 · fundraising $1,713

• 11f · Fees: investment management

  total $173,411 · management and general $173,411

• 11g · Fees: other

  total $608,611,038 · program services $603,919,813 · management and general $4,645,068 · fundraising $46,157

• 12 · Advertising and promotion

  total $1,293,634 · program services $602,220 · management and general $687,284 · fundraising $4,130

• 13 · Office expenses

  total $7,555,979 · program services $3,290,549 · management and general $4,222,211 · fundraising $43,219

• 14 · Information technology

  total $5,126,011 · program services $1,736,232 · management and general $3,355,008 · fundraising $34,771

• 16 · Occupancy

  total $6,849,836 · program services $4,567,922 · management and general $2,265,517 · fundraising $16,397

• 17 · Travel

  total $1,336,225 · program services $1,003,029 · management and general $330,041 · fundraising $3,155

• 19 · Conferences, conventions and meetings

  total $909,077 · program services $392,386 · management and general $511,844 · fundraising $4,847

• 20 · Interest

  total $62,522 · management and general $62,033 · fundraising $489

• 22 · Depreciation, depletion and amortization

  total $4,453,864 · program services $909,147 · management and general $3,539,757 · fundraising $4,960

• 23 · Insurance

  total $741,766 · program services $532,917 · management and general $206,758 · fundraising $2,091

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $4,576,189 · program services $1,159,881 · management and general $3,389,791 · fundraising $26,517

• 24b · Other expenses: HEAD START PROGRAM

  total $978,202 · program services $978,132 · management and general $69 · fundraising $1

• 24c · Other expenses: TRAINING & STAFF DEVELO

  total $692,021 · program services $479,215 · management and general $211,010 · fundraising $1,796

• 24d · Other expenses: HIRING & RECRUITING COS

  total $574,823 · program services $0 · management and general $569,075 · fundraising $5,748

• 24e · All other expenses

  total $1,460,323 · program services $527,766 · management and general $925,217 · fundraising $7,340

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,881,397 · end of year $62,206,209

• 2 · Savings and temporary cash investments

  beginning of year $1,991,035 · end of year $2,075,016

• 3 · Pledges and grants receivable

  beginning of year $49,810,922 · end of year $26,303,615

• 4 · Accounts receivable

  beginning of year $423,762 · end of year $38,436

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,451,393 · end of year $4,148,120

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

  $80,553,460

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

  $29,822,546

• 10c · Land, buildings and equipment, net

  beginning of year $46,507,598 · end of year $50,730,914

• 11 · Investments: publicly traded securities

  beginning of year $23,033,160 · end of year $25,226,113

• 12 · Investments: other securities

  beginning of year $2,510,113 · end of year $2,834,667

• 15 · Other assets

  beginning of year $22,637,146 · end of year $16,356,479

• 17 · Accounts payable and accrued expenses

  beginning of year $55,383,079 · end of year $67,279,028

• 19 · Deferred revenue

  beginning of year $6,812,029 · end of year $12,043,743

• 20 · Tax-exempt bond liabilities

  beginning of year $2,566,921 · end of year $2,190,889

• 23 · Secured mortgages and notes payable

  beginning of year $15,600,983 · end of year $14,707,109

• 25 · Other liabilities

  beginning of year $50,524,998 · end of year $43,856,555

• 27 · Net assets without donor restrictions

  beginning of year $41,358,516 · end of year $49,842,245

The filer's explanations (Part III)

PART I, LINE 4A

TWO INDIVIDUALS LISTED ON PART VII RECEIVED SEVERANCE. THE TERMS OF THE AGREEMENTS ARE CONFIDENTIAL AND ARE AVAILABLE ON REQUEST.