Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $76,552

• 2a · Program service revenue: LODGING

  total $353,830 · related or exempt $353,830

• 2b · Program service revenue: MEETING REGISTRATION

  total $2,511 · related or exempt $2,511

• 11a · Other revenue: OTHER INCOME

  total $50 · excluded $50

• 11e · Other revenue, total

  $50

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $54,874 · program services $40,223 · management and general $12,923 · fundraising $1,728

• 7 · Other salaries and wages

  total $274,826 · program services $196,429 · management and general $66,788 · fundraising $11,609

• 8 · Pension plan contributions

  total $9,968 · program services $7,162 · management and general $2,336 · fundraising $470

• 9 · Other employee benefits

  total $63,287 · program services $45,684 · management and general $14,851 · fundraising $2,752

• 10 · Payroll taxes

  total $6,287 · program services $4,543 · management and general $1,476 · fundraising $268

• 11b · Fees: legal

  total $1,752 · program services $1,752

• 11c · Fees: accounting

  total $10,118 · program services $5,389 · management and general $4,729

• 11g · Fees: other

  total $12,877 · program services $10,423 · management and general $787 · fundraising $1,667

• 13 · Office expenses

  total $34,766 · program services $23,787 · management and general $8,777 · fundraising $2,202

• 14 · Information technology

  total $15,556 · program services $6,343 · management and general $7,421 · fundraising $1,792

• 16 · Occupancy

  total $79,538 · program services $63,795 · management and general $15,743

• 17 · Travel

  total $7,826 · program services $6,265 · management and general $1,248 · fundraising $313

• 19 · Conferences, conventions and meetings

  total $6,482 · program services $5,188 · management and general $1,034 · fundraising $260

• 22 · Depreciation, depletion and amortization

  total $113,032 · program services $86,813 · management and general $26,219

• 23 · Insurance

  total $2,880 · program services $2,310 · management and general $570

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $38,399 · program services $30,798 · management and general $7,601

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $212,441 · end of year $406,018

• 4 · Accounts receivable

  beginning of year $37,231 · end of year $26,620

• 9 · Prepaid expenses and deferred charges

  beginning of year $565 · end of year $2,252

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

  $2,326,059

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

  $624,547

• 10c · Land, buildings and equipment, net

  beginning of year $1,765,926 · end of year $1,701,512

• 11 · Investments: publicly traded securities

  beginning of year $102 · end of year $102

• 15 · Other assets

  beginning of year $1,221,843 · end of year $1,228,843

• 17 · Accounts payable and accrued expenses

  beginning of year $18,187 · end of year $20,417

• 25 · Other liabilities

  beginning of year $3,384,832 · end of year $3,809,366

• 27 · Net assets without donor restrictions

  beginning of year -$1,386,754 · end of year -$1,693,279

• 28 · Net assets with donor restrictions

  beginning of year $1,221,843 · end of year $1,228,843

The filer's explanations (Part III)

PART I, LINE 3

WILLIAM PENN HOUSE DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE FRIENDS COMMITTEE ON NATIONAL LEGISLATION (FCNL), A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(4). THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS APPROVES COMPENSATION FOR THE GENERAL SECRETARY AFTER A THOROUGH REVIEW TO DETERMINE APPROPRIATE COMPENSATION. THE PROCESS INCLUDES A MARKET SURVEY PERFORMED BY A PROFESSIONAL COMPENSATION CONSULTANT EVERY THREE TO FOUR YEARS AND BY A REVIEW OF COMPARABILITY DATA BY THE EXECUTIVE COMMITTEE IN OTHER YEARS. COMPARABILITY DATA MAY INCLUDE COMPENSATION SURVEYS AND FORM 990S OF SIMILAR ORGANIZATIONS.