Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,405,804

• 1f · All other contributions, gifts and grants

  $1,156,166

• 2a · Program service revenue: PROGRAM FEES

  total $1,532,831 · related or exempt $1,532,831

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

  other assets $16,738

• 7c · Gain or loss

  other assets -$16,738

• 7d · Net gain or loss

  total -$16,738 · excluded -$16,738

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $43,213 · related or exempt $11,994 · unrelated business $31,219

• 11e · Other revenue, total

  $43,213

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,536 · program services $4,536

• 2 · Grants to domestic individuals

  total $10,000 · program services $10,000

• 5 · Compensation of officers, directors and key employees

  total $272,829 · program services $272,829

• 7 · Other salaries and wages

  total $873,487 · program services $689,852 · management and general $183,635

• 8 · Pension plan contributions

  total $55,975 · program services $55,975

• 9 · Other employee benefits

  total $158,240 · program services $158,240

• 10 · Payroll taxes

  total $107,863 · program services $107,863

• 11b · Fees: legal

  total $2,227 · management and general $2,227

• 11c · Fees: accounting

  total $30,234 · management and general $30,234

• 11g · Fees: other

  total $1,105,389 · program services $1,105,389

• 12 · Advertising and promotion

  total $29,228 · program services $29,228

• 13 · Office expenses

  total $112,321 · program services $112,321

• 14 · Information technology

  total $121,875 · program services $121,875

• 16 · Occupancy

  total $375,610 · program services $375,610

• 17 · Travel

  total $51,305 · program services $51,305

• 19 · Conferences, conventions and meetings

  total $97,932 · program services $97,932

• 22 · Depreciation, depletion and amortization

  total $118,645 · program services $118,645

• 23 · Insurance

  total $18,155 · program services $18,155

• 24a · Other expenses: UNRELATED BUSINESS INCO

  total $6,248 · program services $6,248

• 24b · Other expenses: PROGRAM STIPENDS

  total $569,000 · program services $569,000

• 24c · Other expenses: MISCELLANEOUS

  total $50,165 · program services $50,165

• 24d · Other expenses: EQUIPMENT AND MAINTENAN

  total $43,214 · program services $43,214

• 24e · All other expenses

  total $23,202 · program services $23,202

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $825,451 · end of year $1,224,851

• 3 · Pledges and grants receivable

  beginning of year $686,222 · end of year $1,321,920

• 4 · Accounts receivable

  beginning of year $27,135 · end of year $24,309

• 8 · Inventories for sale or use

  beginning of year $504,204 · end of year $479,544

• 9 · Prepaid expenses and deferred charges

  beginning of year $95,658 · end of year $1,349,466

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

  $2,994,197

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

  $2,581,167

• 10c · Land, buildings and equipment, net

  beginning of year $318,277 · end of year $413,030

• 15 · Other assets

  beginning of year $327,343 · end of year $110,287

• 17 · Accounts payable and accrued expenses

  beginning of year $578,214 · end of year $1,062,413

• 19 · Deferred revenue

  beginning of year $20,325 · end of year $8,141

• 25 · Other liabilities

  beginning of year $299,277 · end of year $1,082,783

• 27 · Net assets without donor restrictions

  beginning of year $1,864,234 · end of year $2,100,364

• 28 · Net assets with donor restrictions

  beginning of year $22,240 · end of year $669,706

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PAYS FOR THE PRESIDENT AND CEO'S DUES TO A SOCIAL CLUB. MEMBERSHIP IS USED FOR BUSINESS MEETINGS AND DINING PURPOSES.