Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $3,885,435

• 1f · All other contributions, gifts and grants

  $17,412,190

• 1g · Noncash contributions included above

  $689,203

• 2a · Program service revenue: MERCHANDISE INCOME

  total $175,797 · related or exempt $175,797

• 3 · Investment income

  total $259,532 · excluded $259,532

• 7a · Gross sales of assets other than inventory

  securities $2,106,902

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

  securities $1,912,670

• 7c · Gain or loss

  securities $194,232

• 7d · Net gain or loss

  total $194,232 · excluded $194,232

• 8a · Fundraising events: gross income

  $492,490

• 8a · Fundraising events: contributions included on line 1c

  $3,885,435

• 8b · Fundraising events: direct expenses

  $1,731,523

• 8c · Net income from fundraising events

  total -$1,239,033 · excluded -$1,239,033

• 11a · Other revenue: OTHER INCOME

  total $32,035 · excluded $32,035

• 11b · Other revenue: CASHBACK REWARDS

  total $15,931 · excluded $15,931

• 11e · Other revenue, total

  $47,966

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,883,333 · program services $2,883,333

• 2 · Grants to domestic individuals

  total $212,051 · program services $212,051

• 3 · Grants to foreign organizations and individuals

  total $67,500 · program services $67,500

• 5 · Compensation of officers, directors and key employees

  total $1,502,714 · program services $1,180,656 · management and general $201,806 · fundraising $120,252

• 7 · Other salaries and wages

  total $4,360,012 · program services $2,605,925 · management and general $561,278 · fundraising $1,192,809

• 8 · Pension plan contributions

  total $152,479 · program services $92,270 · management and general $19,408 · fundraising $40,801

• 9 · Other employee benefits

  total $604,084 · program services $381,040 · management and general $78,031 · fundraising $145,013

• 10 · Payroll taxes

  total $439,038 · program services $282,546 · management and general $57,076 · fundraising $99,416

• 11c · Fees: accounting

  total $124,610 · program services $98,935 · management and general $13,532 · fundraising $12,143

• 11e · Fees: professional fundraising services

  total $16,032 · fundraising $16,032

• 11f · Fees: investment management

  total $50,295 · management and general $50,295

• 11g · Fees: other

  total $2,587,175 · program services $2,266,346 · management and general $320,829

• 12 · Advertising and promotion

  total $518,929 · program services $439,377 · management and general $6,127 · fundraising $73,425

• 13 · Office expenses

  total $94,362 · program services $40,492 · management and general $20,183 · fundraising $33,687

• 14 · Information technology

  total $366,418 · program services $157,235 · management and general $78,372 · fundraising $130,811

• 16 · Occupancy

  total $204,176 · program services $136,259 · management and general $67,917

• 17 · Travel

  total $668,588 · program services $498,479 · management and general $23,092 · fundraising $147,017

• 19 · Conferences, conventions and meetings

  total $1,034,675 · program services $1,034,675

• 20 · Interest

  total $7,691 · program services $3,300 · management and general $1,645 · fundraising $2,746

• 22 · Depreciation, depletion and amortization

  total $71,152 · program services $30,532 · management and general $15,219 · fundraising $25,401

• 23 · Insurance

  total $38,031 · program services $16,320 · management and general $8,134 · fundraising $13,577

• 24a · Other expenses: IN-KIND GOODS

  total $439,333 · program services $439,333

• 24b · Other expenses: RECRUITMENT

  total $294,010 · program services $233,430 · management and general $31,929 · fundraising $28,651

• 24c · Other expenses: MERCHANDISE

  total $262,449 · program services $222,215 · management and general $3,099 · fundraising $37,135

• 24d · Other expenses: BAD DEBT

  total $237,620 · program services $101,966 · management and general $50,824 · fundraising $84,830

• 24e · All other expenses

  total $542,936 · program services $248,370 · management and general $123,034 · fundraising $171,532

• 26 · Joint costs (an allocation of the lines above)

  total $3,972,736 · program services $2,660,392 · management and general $0 · fundraising $1,312,344

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,051,840 · end of year $828,543

• 2 · Savings and temporary cash investments

  end of year $3,452,499

• 3 · Pledges and grants receivable

  beginning of year $5,460,983 · end of year $4,894,503

• 4 · Accounts receivable

  end of year $1,249,590

• 9 · Prepaid expenses and deferred charges

  beginning of year $105,408 · end of year $103,152

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

  $1,207,791

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

  $935,040

• 10c · Land, buildings and equipment, net

  beginning of year $343,904 · end of year $272,751

• 11 · Investments: publicly traded securities

  beginning of year $4,800,660 · end of year $5,076,588

• 15 · Other assets

  beginning of year $2,048,989 · end of year $473,220

• 17 · Accounts payable and accrued expenses

  beginning of year $1,635,733 · end of year $1,770,812

• 25 · Other liabilities

  beginning of year $4,008,965 · end of year $388,678

• 27 · Net assets without donor restrictions

  beginning of year $2,281,652 · end of year $3,464,442

• 28 · Net assets with donor restrictions

  beginning of year $8,885,434 · end of year $10,726,914

The filer's explanations (Part III)

PART I, LINE 1A

SOMETIMES WITH THE APPROVAL OF THE BOARD CHAIR THE CEO MAY UPGRADE TO BUSINESS CLASS (NOT FIRST AND NO CHARTER). THE COO HAS APPROVED THE COVERING OF ANNUAL MEMBERSHIP FEES FOR AIRLINE CLUBS FOR THE C-SUITE AS A COST SAVING MEASURE.

PART I, LINE 1B

THE BOARD CHAIR APPROVES ANY OF THE CEO'S UPGRADES TO BUSINESS CLASS.

PART I, LINE 4A

THE FOLLOWING EMPLOYEES RECEIVED SEVERANCE PAYMENTS DURING THE YEAR: - TASHMA GREEN - $24,281 - REAGAN HONEYCUTT -$23,574 - JERRY TILLERY - $4,297

PART I, LINE 7

THE FOLLOWING EMPLOYEES RECEIVED BONUSES DURING THE YEAR: - MICHAEL SAPIENZA $75,000 - MELISSA LYNCH $58,000 - ANGELINE LAWRY $25,000 - AMY GANDERSON $13,000 - DAVID FENSTERMACHER $12,000 - TASHMA GREEN $10,000 - ANGELE RUSSELL $12,000 - EMILY BLASI $11,000 - TINA ZEFF $10,000 - REAGAN HONEYCUTT $36,000 - BRIAN COWART - $10,000 - JERRY TILLERY - $35,000