Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $662,812

• 3 · Investment income

  total $102,514 · excluded $102,514

• 7a · Gross sales of assets other than inventory

  securities $2,253,572

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

  securities $2,269,796

• 7c · Gain or loss

  securities -$16,224

• 7d · Net gain or loss

  total -$16,224 · excluded -$16,224

• 11a · Other revenue: Other Income

  total $283 · excluded $283

• 11e · Other revenue, total

  $283

Functional expenses

Part IX, the statement of functional expenses.

• 11f · Fees: investment management

  total $4,596 · management and general $4,596

• 11g · Fees: other

  total $238,397 · program services $168,566 · management and general $46,844 · fundraising $22,987

• 13 · Office expenses

  total $1,150 · management and general $1,150

• 14 · Information technology

  total $75 · program services $53 · management and general $15 · fundraising $7

• 19 · Conferences, conventions and meetings

  total $112,933 · program services $79,860 · management and general $22,183 · fundraising $10,890

• 24a · Other expenses: Reimbursed overhead

  total $246,601 · management and general $246,601

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $441,054 · end of year $199,371

• 3 · Pledges and grants receivable

  beginning of year $13,686 · end of year $12,150

• 9 · Prepaid expenses and deferred charges

  beginning of year $16,575 · end of year $1,125

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

  $37,560

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

  $37,560

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $2,186,339 · end of year $2,304,470

• 15 · Other assets

  beginning of year $0 · end of year $96,377

• 17 · Accounts payable and accrued expenses

  beginning of year $38,480 · end of year $138,678

• 19 · Deferred revenue

  beginning of year $225,500 · end of year $284,850

• 25 · Other liabilities

  beginning of year $392,041 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $2,001,633 · end of year $2,189,965

The filer's explanations (Part III)

Part I, Line 4a

One of the officers received a severance payment from the related organization during FY 2024, which was properly reported on the employee's 2024 W2, Part VII, and Schedule J, Part II Column B(ii). The severance agreement is confidential and will be provided to the IRS upon request.

Part I, Line 5

The President & CEO's bonus is tied to the Organization's performance and exceeding NOI.

Part I, Line 6

The President & CEO's bonus is tied to the Organization's performance and exceeding NOI.

Schedule J, Part I, Line 3:

Methods used by related organization, Employee Benefit Research Institute, to establish compensation: Approval by the board or compensation committee