Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,297,068

• 1g · Noncash contributions included above

  $227,670

• 2a · Program service revenue: ADMINISTRATION FEES

  total $34,223 · related or exempt $34,223

• 2b · Program service revenue: ALUMNI APPRECIATION

  total $5,225 · related or exempt $5,225

• 3 · Investment income

  total $1,228,684 · excluded $1,228,684

• 5 · Royalties

  total $219,952 · excluded $219,952

• 7a · Gross sales of assets other than inventory

  securities $2,154,832

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

  securities $958,951

• 7c · Gain or loss

  securities $1,195,881

• 7d · Net gain or loss

  total $1,195,881 · excluded $1,195,881

• 11a · Other revenue: CREDIT CARD FEE INCOME

  total $2,289 · related or exempt $2,289

• 11e · Other revenue, total

  $2,289

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,623,361 · program services $3,623,361

• 11c · Fees: accounting

  total $98,158 · management and general $98,158

• 11f · Fees: investment management

  total $210,007 · management and general $210,007

• 11g · Fees: other

  total $12,345 · program services $12,345

• 14 · Information technology

  total $44,805 · management and general $44,805

• 22 · Depreciation, depletion and amortization

  total $4,013 · program services $4,013

• 24a · Other expenses: MISCELLANEOUS

  total $39,850 · management and general $2,426 · fundraising $37,424

• 24b · Other expenses: FOOD SERVICE

  total $23,193 · program services $7,830 · management and general $5,173 · fundraising $10,190

• 24c · Other expenses: ALUMNI HALL OF FAME EXP

  total $14,666 · fundraising $14,666

• 24d · Other expenses: PRINTING

  total $8,662 · program services $184 · management and general $2,489 · fundraising $5,989

• 24e · All other expenses

  total $7,965 · program services $2,525 · management and general $4,459 · fundraising $981

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $711,208 · end of year $708,827

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

  $1,457,803

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

  $4,013

• 10c · Land, buildings and equipment, net

  beginning of year $995,250 · end of year $1,453,790

• 11 · Investments: publicly traded securities

  beginning of year $55,858,638 · end of year $60,334,533

• 12 · Investments: other securities

  end of year $1,310,319

• 17 · Accounts payable and accrued expenses

  beginning of year $164,131 · end of year $9,326

• 25 · Other liabilities

  beginning of year $17,719 · end of year $317,788

• 27 · Net assets without donor restrictions

  beginning of year $11,712,367 · end of year $11,780,270

• 28 · Net assets with donor restrictions

  beginning of year $45,670,879 · end of year $51,700,085

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR IS COMPENSATED BY COLLEGE OF SOUTHERN IDAHO, A RELATED ORGANIZATION.