Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $62,500

• 1f · All other contributions, gifts and grants

  $97,835

• 1g · Noncash contributions included above

  $58,374

• 2a · Program service revenue: Educational programs

  total $87,550 · related or exempt $87,550

• 3 · Investment income

  total $72,704 · excluded $72,704

• 7a · Gross sales of assets other than inventory

  securities $578,014

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

  securities $579,302

• 7c · Gain or loss

  securities -$1,288

• 7d · Net gain or loss

  total -$1,288 · excluded -$1,288

• 8a · Fundraising events: gross income

  $89,361

• 8b · Fundraising events: direct expenses

  $58,374

• 8c · Net income from fundraising events

  total $30,987 · excluded $30,987

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $10,000 · program services $10,000

• 11c · Fees: accounting

  total $4,759 · management and general $4,759

• 11f · Fees: investment management

  total $10,798 · management and general $10,798

• 11g · Fees: other

  total $12,650 · program services $11,969 · management and general $681

• 13 · Office expenses

  total $8,234 · program services $3,387 · management and general $4,847

• 14 · Information technology

  total $3,679 · program services $2,014 · management and general $1,665

• 16 · Occupancy

  total $1,000 · program services $1,000

• 17 · Travel

  total $83,818 · program services $83,818

• 19 · Conferences, conventions and meetings

  total $31,713 · program services $28,663 · management and general $3,050

• 24a · Other expenses: Dues and subscriptions

  total $2,675 · management and general $2,675

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,044 · end of year $9,997

• 2 · Savings and temporary cash investments

  beginning of year $217,959 · end of year $104,500

• 3 · Pledges and grants receivable

  beginning of year $161,266 · end of year $74,729

• 4 · Accounts receivable

  end of year $11,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $750 · end of year $9,050

• 11 · Investments: publicly traded securities

  beginning of year $1,783,823 · end of year $2,072,963

• 15 · Other assets

  beginning of year $18,372 · end of year $10,806

• 25 · Other liabilities

  beginning of year $19,122 · end of year $10,428

• 27 · Net assets without donor restrictions

  beginning of year $1,910,076 · end of year $2,196,888

• 28 · Net assets with donor restrictions

  beginning of year $263,016 · end of year $85,729

The filer's explanations (Part III)

Schedule J, Part I, Line 3:

Methods used by related organization, National Potato Council, to establish compensation: Approval by the board or compensation committee