Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,341,559

• 2a · Program service revenue: REGISTRATION FEES

  total $1,357,129 · related or exempt $1,357,129

• 3 · Investment income

  total $3,354 · excluded $3,354

• 7a · Gross sales of assets other than inventory

  securities $9,837

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

  securities $6,338

• 7c · Gain or loss

  securities $3,499

• 7d · Net gain or loss

  total $3,499 · excluded $3,499

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $214,621 · program services $156,389 · management and general $58,232

• 7 · Other salaries and wages

  total $1,065,003 · program services $776,023 · management and general $288,980

• 8 · Pension plan contributions

  total $58,760 · program services $42,810 · management and general $15,950

• 9 · Other employee benefits

  total $123,402 · program services $90,243 · management and general $33,159

• 10 · Payroll taxes

  total $96,353 · program services $70,209 · management and general $26,144

• 11b · Fees: legal

  total $5,996 · management and general $5,996

• 11c · Fees: accounting

  total $13,457 · management and general $13,457

• 11f · Fees: investment management

  total $1,184 · management and general $1,184

• 11g · Fees: other

  total $336,513 · program services $230,797 · management and general $105,716

• 13 · Office expenses

  total $2,319 · program services $2,319

• 14 · Information technology

  total $116,920 · program services $85,196 · management and general $31,724

• 16 · Occupancy

  total $121,348 · program services $88,422 · management and general $32,926

• 17 · Travel

  total $26,805 · program services $19,533 · management and general $7,272

• 19 · Conferences, conventions and meetings

  total $508,476 · program services $370,526 · management and general $137,950

• 23 · Insurance

  total $15,843 · program services $11,545 · management and general $4,298

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $2,890 · program services $2,106 · management and general $784

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $252,126 · end of year $430,556

• 4 · Accounts receivable

  beginning of year $17,809 · end of year $21,616

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,000 · end of year $52,500

• 11 · Investments: publicly traded securities

  beginning of year $110,288 · end of year $120,306

• 17 · Accounts payable and accrued expenses

  beginning of year $152,961 · end of year $119,684

• 19 · Deferred revenue

  beginning of year $62,683 · end of year $40,897

• 25 · Other liabilities

  beginning of year $1,301,834 · end of year $1,590,652

• 27 · Net assets without donor restrictions

  beginning of year -$1,207,862 · end of year -$1,207,862

• 28 · Net assets with donor restrictions

  beginning of year $81,607 · end of year $81,607

The filer's explanations (Part III)

PART I, LINE 3

THE CEO'S COMPENSATION IS ESTABLISHED BY A RELATED ORGANIZATION, THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (NYCPA). THE METHODS USED BY NYCPA TO DETERMINE COMPENSATION ARE: WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY, AND APPROVAL BY BOARD.

PART I, LINE 7

A BOARD-APPROVED DISCRETIONARY BONUS WAS AWARDED BASED ON THE INDIVIDUAL'S PERFORMANCE EVALUATION.