Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $51,044

• 1e · Government grants (contributions)

  $11,069,098

• 1f · All other contributions, gifts and grants

  $666,273

• 1g · Noncash contributions included above

  $5,402

• 2a · Program service revenue: Fees for Service

  total $17,818,790 · related or exempt $17,818,790

• 2b · Program service revenue: Management Fee & Other

  total $1,462,686 · related or exempt $1,462,686

• 3 · Investment income

  total $972,393 · excluded $972,393

• 7a · Gross sales of assets other than inventory

  securities $6,097,197 · other assets $34,434

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

  securities $6,155,455 · other assets $17,187

• 7c · Gain or loss

  securities -$58,258 · other assets $17,247

• 7d · Net gain or loss

  total -$41,011 · excluded -$41,011

• 10a · Gross sales of inventory

  $59,840,747

• 10b · Cost of goods sold

  $3,434,905

• 10c · Net income from sales of inventory

  total $56,405,842 · related or exempt $56,405,842

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,600 · program services $4,600

• 2 · Grants to domestic individuals

  total $102,244 · program services $102,244

• 5 · Compensation of officers, directors and key employees

  total $670,310 · management and general $670,310

• 7 · Other salaries and wages

  total $47,536,273 · program services $42,924,411 · management and general $4,501,287 · fundraising $110,575

• 8 · Pension plan contributions

  total $393,311 · program services $296,543 · management and general $89,322 · fundraising $7,446

• 9 · Other employee benefits

  total $6,904,420 · program services $5,970,784 · management and general $915,298 · fundraising $18,338

• 10 · Payroll taxes

  total $4,629,573 · program services $4,199,036 · management and general $421,493 · fundraising $9,044

• 11b · Fees: legal

  total $104,066 · program services $76,801 · management and general $27,226 · fundraising $39

• 11c · Fees: accounting

  total $81,470 · management and general $81,470

• 11f · Fees: investment management

  total $78,001 · management and general $78,001

• 11g · Fees: other

  total $793,651 · program services $466,872 · management and general $326,779

• 12 · Advertising and promotion

  total $195,977 · program services $58,438 · management and general $136,859 · fundraising $680

• 13 · Office expenses

  total $2,648,360 · program services $2,412,366 · management and general $222,134 · fundraising $13,860

• 14 · Information technology

  total $1,912,926 · program services $1,052,537 · management and general $845,091 · fundraising $15,298

• 16 · Occupancy

  total $13,433,708 · program services $13,211,289 · management and general $217,625 · fundraising $4,794

• 17 · Travel

  total $1,899,393 · program services $1,762,567 · management and general $134,680 · fundraising $2,146

• 19 · Conferences, conventions and meetings

  total $32,537 · program services $8,020 · management and general $24,307 · fundraising $210

• 20 · Interest

  total $3,465 · program services $3,310 · management and general $150 · fundraising $5

• 22 · Depreciation, depletion and amortization

  total $2,306,584 · program services $2,159,355 · management and general $144,353 · fundraising $2,876

• 23 · Insurance

  total $94,492 · program services $63,770 · management and general $30,585 · fundraising $137

• 24a · Other expenses: Participant Fees

  total $2,474,625 · program services $2,474,625

• 24b · Other expenses: Miscellaneous Expense

  total $1,423,343 · program services $1,212,107 · management and general $206,718 · fundraising $4,518

• 24c · Other expenses: Service Provider Tax

  total $790,679 · program services $790,679

• 24d · Other expenses: Membership Dues

  total $236,556 · program services $15,604 · management and general $220,952

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,004,297 · end of year $4,092,293

• 2 · Savings and temporary cash investments

  beginning of year $8,632,770 · end of year $6,114,713

• 3 · Pledges and grants receivable

  beginning of year $2,412

• 4 · Accounts receivable

  beginning of year $3,955,798 · end of year $4,258,012

• 8 · Inventories for sale or use

  beginning of year $6,536,861 · end of year $5,392,314

• 9 · Prepaid expenses and deferred charges

  beginning of year $728,506 · end of year $673,201

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

  $57,645,783

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

  $35,487,512

• 10c · Land, buildings and equipment, net

  beginning of year $23,215,313 · end of year $22,158,271

• 11 · Investments: publicly traded securities

  beginning of year $15,797,262 · end of year $18,463,769

• 14 · Intangible assets

  beginning of year $23,011,724 · end of year $22,953,894

• 15 · Other assets

  beginning of year $1,666,403 · end of year $1,769,125

• 17 · Accounts payable and accrued expenses

  beginning of year $6,909,224 · end of year $6,864,253

• 19 · Deferred revenue

  beginning of year $942,196 · end of year $749,499

• 20 · Tax-exempt bond liabilities

  beginning of year $3,298,604 · end of year $3,049,717

• 23 · Secured mortgages and notes payable

  beginning of year $6,648,551 · end of year $6,346,310

• 25 · Other liabilities

  beginning of year $25,366,830 · end of year $25,389,974

• 27 · Net assets without donor restrictions

  beginning of year $40,989,325 · end of year $42,061,829

• 28 · Net assets with donor restrictions

  beginning of year $1,396,616 · end of year $1,414,010

The filer's explanations (Part III)

Part I, Line 7

The Organization issued bonuses to healthcare staff in recognition of DSP Appreciation Week. Goodwill also offered agency referral bonuses to employees for successful referral, onboarding and retention of new staff.