Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $813,965

• 1g · Noncash contributions included above

  $105,478

• 2a · Program service revenue: INTERNSHIP PROG & HOUSING FEES

  total $9,585,913 · related or exempt $9,585,913

• 2b · Program service revenue: GOVERNMENT GRANTS & CONTRACTS

  total $8,086,489 · related or exempt $8,086,489

• 3 · Investment income

  total $133,605 · excluded $133,605

• 6a · Gross rents

  real property $308,041

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $308,041

• 6d · Net rental income or loss

  total $308,041 · excluded $308,041

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $145,346 · related or exempt $145,346

• 11e · Other revenue, total

  $145,346

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,526,063 · program services $4,526,063

• 3 · Grants to foreign organizations and individuals

  total $73,971 · program services $73,971

• 5 · Compensation of officers, directors and key employees

  total $1,237,014 · program services $858,564 · management and general $296,742 · fundraising $81,708

• 7 · Other salaries and wages

  total $5,003,400 · program services $3,472,672 · management and general $1,200,242 · fundraising $330,486

• 8 · Pension plan contributions

  total $129,111 · program services $89,611 · management and general $30,972 · fundraising $8,528

• 9 · Other employee benefits

  total $442,278 · program services $306,968 · management and general $106,096 · fundraising $29,214

• 10 · Payroll taxes

  total $651,374 · program services $452,093 · management and general $156,256 · fundraising $43,025

• 11b · Fees: legal

  total $7,863 · program services $927 · management and general $6,936

• 11c · Fees: accounting

  total $183,929 · management and general $183,929

• 11d · Fees: lobbying

  total $547,350 · program services $547,350

• 11g · Fees: other

  total $1,877,469 · program services $1,464,889 · management and general $355,602 · fundraising $56,978

• 13 · Office expenses

  total $159,703 · program services $84,337 · management and general $67,568 · fundraising $7,798

• 14 · Information technology

  total $496,333 · program services $496,333

• 16 · Occupancy

  total $1,592,561 · program services $1,567,065 · management and general $24,727 · fundraising $769

• 17 · Travel

  total $433,318 · program services $398,364 · management and general $25,847 · fundraising $9,107

• 19 · Conferences, conventions and meetings

  total $111,975 · program services $102,943 · management and general $6,679 · fundraising $2,353

• 20 · Interest

  total $1,158,245 · program services $1,158,245

• 22 · Depreciation, depletion and amortization

  total $846,860 · program services $723,157 · management and general $35,262 · fundraising $88,441

• 24a · Other expenses: OTHER EXPENSES

  total $23,093 · management and general $23,093

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,320,619 · end of year $1,178,381

• 2 · Savings and temporary cash investments

  beginning of year $2,093,082 · end of year $4,607,647

• 3 · Pledges and grants receivable

  beginning of year $180,130 · end of year $67,410

• 4 · Accounts receivable

  beginning of year $3,657,709 · end of year $1,888,701

• 9 · Prepaid expenses and deferred charges

  beginning of year $399,930 · end of year $553,151

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

  $38,079,341

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

  $12,401,052

• 10c · Land, buildings and equipment, net

  beginning of year $26,443,721 · end of year $25,678,289

• 15 · Other assets

  beginning of year $309,327 · end of year $384,935

• 17 · Accounts payable and accrued expenses

  beginning of year $1,020,189 · end of year $964,940

• 19 · Deferred revenue

  beginning of year $110,330 · end of year $542,096

• 23 · Secured mortgages and notes payable

  beginning of year $27,642,889 · end of year $27,030,064

• 25 · Other liabilities

  beginning of year $607,664 · end of year $226,519

• 27 · Net assets without donor restrictions

  beginning of year $2,761,772 · end of year $2,898,787

• 28 · Net assets with donor restrictions

  beginning of year $3,261,674 · end of year $2,696,108

The filer's explanations (Part III)

PART I, LINE 1A

TWC PROVIDES GYM MEMBERSHIP TO PERSONS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A SAME AS OFFERED TO ALL EMPLOYEES OF THE ORGANIZATION. THESE AMOUNTS WERE TREATED AS TAXABLE COMPENSATION.