Form 990 for tax year 2024

2a · Program service revenue: CONTRACTOR ASSESSMENTS

total $4,575,081 · related or exempt $4,575,081

2b · Program service revenue: IVY TECH ASSESMENTS

total $556,313 · related or exempt $556,313

3 · Investment income

total $235,321 · excluded $235,321

7a · Gross sales of assets other than inventory

securities $429,464 · other assets $23,750

7b · Less cost or other basis and sales expenses

securities $476,436 · other assets $0

7c · Gain or loss

securities -$46,972 · other assets $23,750

7d · Net gain or loss

total -$23,222 · excluded -$23,222

5 · Compensation of officers, directors and key employees

total $203,683 · program services $101,842 · management and general $101,841

7 · Other salaries and wages

total $1,285,227 · program services $1,177,517 · management and general $107,710

8 · Pension plan contributions

total $428,856 · program services $388,872 · management and general $39,984

9 · Other employee benefits

total $271,681 · program services $247,513 · management and general $24,168

10 · Payroll taxes

total $126,470 · program services $107,285 · management and general $19,185

11c · Fees: accounting

total $18,690 · management and general $18,690

11f · Fees: investment management

total $17,076 · management and general $17,076

11g · Fees: other

total $12,462 · program services $12,462

12 · Advertising and promotion

total $82,828 · program services $70,263 · management and general $12,565

13 · Office expenses

total $56,190 · program services $15,752 · management and general $40,438

16 · Occupancy

total $99,580 · program services $64,727 · management and general $34,853

17 · Travel

total $192,970 · program services $188,397 · management and general $4,573

22 · Depreciation, depletion and amortization

total $822,368 · program services $781,457 · management and general $40,911

23 · Insurance

total $115,198 · program services $103,098 · management and general $12,100

24a · Other expenses: CLASSROOM AND TRAINING

total $900,369 · program services $900,369

24b · Other expenses: EQUIPMENT EXPENSES

total $541,566 · program services $541,566

24c · Other expenses: SUPPLIES

total $113,609 · program services $98,753 · management and general $14,856

24d · Other expenses: BUILDING MAINTENANCE AN

total $107,994 · program services $70,195 · management and general $37,799

1 · Cash, non-interest-bearing

beginning of year $3,389,825 · end of year $2,184,777

4 · Accounts receivable

beginning of year $381,297 · end of year $318,039

9 · Prepaid expenses and deferred charges

beginning of year $40,837 · end of year $63,469

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

$14,272,362

10b · Land, buildings and equipment: accumulated depreciation

$8,235,605

10c · Land, buildings and equipment, net

beginning of year $5,211,609 · end of year $6,036,757

11 · Investments: publicly traded securities

beginning of year $5,414,702 · end of year $5,733,170

17 · Accounts payable and accrued expenses

beginning of year $228,967 · end of year $21,461

27 · Net assets without donor restrictions

beginning of year $14,209,303 · end of year $14,314,751