Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $10,786,237

• 1g · Noncash contributions included above

  $3,156,673

• 2a · Program service revenue: Fund mgmt assessment

  total $396,045 · related or exempt $396,045

• 3 · Investment income

  total $1,022,308 · unrelated business $6,257 · excluded $1,016,051

• 7a · Gross sales of assets other than inventory

  securities $20,705,836

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

  securities $20,183,906

• 7c · Gain or loss

  securities $521,930

• 7d · Net gain or loss

  total $521,930 · excluded $521,930

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,901,585 · program services $9,901,585

• 5 · Compensation of officers, directors and key employees

  total $281,464 · management and general $121,030 · fundraising $160,434

• 7 · Other salaries and wages

  total $324,496 · management and general $140,703 · fundraising $183,793

• 9 · Other employee benefits

  total $25,523 · management and general $11,069 · fundraising $14,454

• 10 · Payroll taxes

  total $41,169 · management and general $17,785 · fundraising $23,384

• 11b · Fees: legal

  total $10,465 · management and general $10,465

• 11c · Fees: accounting

  total $18,525 · management and general $18,525

• 11f · Fees: investment management

  total $196,530 · management and general $196,530

• 11g · Fees: other

  total $131,690 · management and general $71,113 · fundraising $60,577

• 13 · Office expenses

  total $20,557 · management and general $10,582 · fundraising $9,975

• 17 · Travel

  total $13,988 · management and general $3,497 · fundraising $10,491

• 19 · Conferences, conventions and meetings

  total $3,096 · management and general $3,096

• 24a · Other expenses: Misc exp

  total $55,119 · management and general $36,402 · fundraising $18,717

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,384,251 · end of year $8,619,677

• 3 · Pledges and grants receivable

  beginning of year $17,000

• 4 · Accounts receivable

  beginning of year $347,249 · end of year $1,132,369

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

  $157,010

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

  $13,800

• 10c · Land, buildings and equipment, net

  end of year $143,210

• 11 · Investments: publicly traded securities

  beginning of year $76,511,556 · end of year $83,816,405

• 12 · Investments: other securities

  beginning of year $12,256,622 · end of year $12,663,515

• 17 · Accounts payable and accrued expenses

  beginning of year $7,624 · end of year $2,539

• 21 · Escrow or custodial account liability

  beginning of year $24,765,919 · end of year $33,364,138

• 25 · Other liabilities

  beginning of year $9,649,994 · end of year $8,398,136

• 27 · Net assets without donor restrictions

  beginning of year $19,870,684 · end of year $21,104,758

• 28 · Net assets with donor restrictions

  beginning of year $38,222,457 · end of year $43,505,605

The filer's explanations (Part III)

General Explanation Attachment

Certain individuals receiving compensation are ministers of the gospel, and as such, a housing allowance is included in nontaxable benefits for some of the people in Pt. VII.