Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $451,639

• 1e · Government grants (contributions)

  $1,402,945

• 1f · All other contributions, gifts and grants

  $9,768,460

• 2a · Program service revenue: CONCESSIONS

  total $309 · unrelated business $0 · excluded $309

• 2b · Program service revenue: MEMBERSHIP FEES

  total $12,641 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,547,674 · unrelated business $0 · excluded $1,547,674

• 7a · Gross sales of assets other than inventory

  other assets $3,800

• 7c · Gain or loss

  other assets $3,800

• 7d · Net gain or loss

  total $3,800 · related or exempt $3,800 · unrelated business $0 · excluded $0

• 8a · Fundraising events: gross income

  $344,842

• 8b · Fundraising events: direct expenses

  $209,868

• 8c · Net income from fundraising events

  total $134,974 · unrelated business $0 · excluded $134,974

• 11a · Other revenue: MISCELLANEOUS

  total $1,287 · related or exempt $0 · unrelated business $0 · excluded $1,287

• 11e · Other revenue, total

  $1,287

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $152,781 · program services $103,891 · management and general $30,556 · fundraising $18,334

• 7 · Other salaries and wages

  total $2,764,527 · program services $1,959,188 · management and general $540,375 · fundraising $264,964

• 11f · Fees: investment management

  total $63,945 · program services $0 · management and general $63,945 · fundraising $0

• 16 · Occupancy

  total $349,971 · program services $303,080 · management and general $41,931 · fundraising $4,960

• 19 · Conferences, conventions and meetings

  total $55,403 · program services $21,001 · management and general $23,121 · fundraising $11,281

• 20 · Interest

  total $59,615 · program services $9,863 · management and general $4,517 · fundraising $45,235

• 22 · Depreciation, depletion and amortization

  total $414,524 · program services $369,398 · management and general $32,421 · fundraising $12,705

• 23 · Insurance

  total $150,452 · program services $52,478 · management and general $65,597 · fundraising $32,377

• 24a · Other expenses: DUES

  total $28,975 · program services $26,715 · management and general $174 · fundraising $2,086

• 24b · Other expenses: TELEPHONE

  total $64,972 · program services $56,053 · management and general $5,522 · fundraising $3,397

• 24c · Other expenses: PROGRAM COSTS & SUPPLIES

  total $452,537 · program services $402,244 · management and general $0 · fundraising $50,293

• 24d · Other expenses: FUNDRAISING EXPENSES

  total $397,303 · program services $0 · management and general $0 · fundraising $397,303

• 24e · All other expenses

  total $435,285 · program services $352,359 · management and general $57,766 · fundraising $25,160

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,454,312 · end of year $5,403,721

• 3 · Pledges and grants receivable

  beginning of year $400,000 · end of year $1,160,382

• 4 · Accounts receivable

  beginning of year $497,666 · end of year $684,693

• 9 · Prepaid expenses and deferred charges

  beginning of year $66,014 · end of year $65,465

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

  $14,892,075

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

  $6,727,176

• 10c · Land, buildings and equipment, net

  beginning of year $6,793,061 · end of year $8,164,899

• 11 · Investments: publicly traded securities

  beginning of year $13,595,019 · end of year $15,046,703

• 15 · Other assets

  beginning of year $1,301,473 · end of year $2,637,479

• 17 · Accounts payable and accrued expenses

  beginning of year $321,301 · end of year $522,745

• 19 · Deferred revenue

  beginning of year $14,740 · end of year $15,000

• 20 · Tax-exempt bond liabilities

  beginning of year $775,000 · end of year $625,000

• 23 · Secured mortgages and notes payable

  beginning of year $426,389 · end of year $409,722

• 25 · Other liabilities

  beginning of year $271,667 · end of year $206,667

• 27 · Net assets without donor restrictions

  beginning of year $20,886,239 · end of year $21,825,317

• 28 · Net assets with donor restrictions

  beginning of year $2,412,209 · end of year $9,558,891

The filer's explanations (Part III)

Other

THE EXECUTIVE DIRECTOR IS THE DIRECTOR OF BOTH THE CLUBS AND THE RELATED PARTY BOYS & GIRLS CLUBS OF GREATER CINCINNATI SCHOLASTIC FOUNDATION. HE IS PAID BY THE CLUBS AND IS NOT PAID BY THE FOUNDATION.