Form 990 for tax year 2024

1e · Government grants (contributions)

$89,266

1f · All other contributions, gifts and grants

$3,129,363

1g · Noncash contributions included above

$198,863

2a · Program service revenue: MANAGEMENT FEES

total $301,893 · related or exempt $301,893

2b · Program service revenue: MISCELLANEOUS

total $11,500 · related or exempt $11,500

2c · Program service revenue: CHURCH LOAN INTEREST

total $8,721 · related or exempt $8,721

3 · Investment income

total $832,779 · related or exempt $832,779

7a · Gross sales of assets other than inventory

securities $64,100,097

7b · Less cost or other basis and sales expenses

securities $59,054,747

7c · Gain or loss

securities $5,045,350

7d · Net gain or loss

total $5,045,350 · related or exempt $5,045,350

1 · Grants to domestic organizations and governments

total $1,243,577 · program services $1,243,577

2 · Grants to domestic individuals

total $10,780 · program services $10,780

5 · Compensation of officers, directors and key employees

total $314,216 · program services $199,120 · management and general $115,096

7 · Other salaries and wages

total $18,907 · program services $11,981 · management and general $6,926

8 · Pension plan contributions

total $23,149 · program services $13,889 · management and general $9,260

9 · Other employee benefits

total $28,240 · program services $16,944 · management and general $11,296

10 · Payroll taxes

total $25,958 · program services $15,575 · management and general $10,383

11c · Fees: accounting

total $32,046 · management and general $32,046

13 · Office expenses

total $104,117 · program services $16,152 · management and general $87,965

20 · Interest

total $106,673 · program services $106,673

22 · Depreciation, depletion and amortization

total $6,462 · program services $1,002 · management and general $5,460

23 · Insurance

total $5,672 · management and general $5,672

24a · Other expenses: TRUST ACCOUNT DISTRIBUT

total $55,792 · program services $55,792

24b · Other expenses: CHURCH RESOURCING

total $17,125 · program services $17,125

24c · Other expenses: PUBLIC RELATIONS

total $14,328 · program services $14,003 · management and general $325

24d · Other expenses: STAFF RESOURCES

total $13,674 · program services $7,469 · management and general $6,205

24e · All other expenses

total $15,344 · program services $11,638 · management and general $3,706

2 · Savings and temporary cash investments

beginning of year $2,845,911 · end of year $2,589,398

4 · Accounts receivable

beginning of year $405 · end of year $366

7 · Other notes and loans receivable

beginning of year $146,142 · end of year $130,095

9 · Prepaid expenses and deferred charges

beginning of year $37,750 · end of year $30,200

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

$83,470

10b · Land, buildings and equipment: accumulated depreciation

$26,716

10c · Land, buildings and equipment, net

beginning of year $24,650 · end of year $56,754

11 · Investments: publicly traded securities

beginning of year $71,912,603 · end of year $76,871,282

15 · Other assets

beginning of year $82,289 · end of year $138,395

17 · Accounts payable and accrued expenses

beginning of year $48,062 · end of year $26,490

23 · Secured mortgages and notes payable

beginning of year $4,026,781 · end of year $3,446,503

25 · Other liabilities

beginning of year $47,745,907 · end of year $49,139,164

27 · Net assets without donor restrictions

beginning of year $2,866,523 · end of year $3,279,621

28 · Net assets with donor restrictions

beginning of year $20,362,477 · end of year $23,924,712