Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $23,289,062

• 1g · Noncash contributions included above

  $1,599,701

• 2a · Program service revenue: ACTIVITY AND ADMIN FEES

  total $921,000 · related or exempt $921,000

• 3 · Investment income

  total $3,886,997 · excluded $3,886,997

• 6a · Gross rents

  real property $629,690

• 6b · Less rental expenses

  real property $425,911

• 6c · Rental income or loss

  real property $203,779

• 6d · Net rental income or loss

  total $203,779 · related or exempt $203,779

• 7a · Gross sales of assets other than inventory

  securities $13,159,362

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

  securities $13,504,790

• 7c · Gain or loss

  securities -$345,428

• 7d · Net gain or loss

  total -$345,428 · excluded -$345,428

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $14,612,009 · program services $14,612,009

• 5 · Compensation of officers, directors and key employees

  total $471,059 · program services $4,481 · management and general $235,578 · fundraising $231,000

• 7 · Other salaries and wages

  total $788,667 · program services $117,233 · management and general $344,710 · fundraising $326,724

• 8 · Pension plan contributions

  total $41,913 · program services $6,188 · management and general $19,729 · fundraising $15,996

• 9 · Other employee benefits

  total $126,103 · program services $16,298 · management and general $58,173 · fundraising $51,632

• 10 · Payroll taxes

  total $97,586 · program services $9,856 · management and general $44,987 · fundraising $42,743

• 11b · Fees: legal

  total $19,709 · program services $1,991 · management and general $9,086 · fundraising $8,632

• 11c · Fees: accounting

  total $37,887 · program services $3,827 · management and general $17,466 · fundraising $16,594

• 11e · Fees: professional fundraising services

  total $103,700 · fundraising $103,700

• 11f · Fees: investment management

  total $92,546 · management and general $92,546

• 11g · Fees: other

  total $71,289 · program services $7,200 · management and general $32,864 · fundraising $31,225

• 13 · Office expenses

  total $97,094 · program services $9,795 · management and general $44,705 · fundraising $42,594

• 14 · Information technology

  total $130,846 · program services $10,255 · management and general $46,805 · fundraising $73,786

• 16 · Occupancy

  total $75,169 · program services $7,592 · management and general $34,653 · fundraising $32,924

• 17 · Travel

  total $56,263 · program services $11,062 · management and general $1,583 · fundraising $43,618

• 19 · Conferences, conventions and meetings

  total $15,139 · program services $1,529 · management and general $6,979 · fundraising $6,631

• 20 · Interest

  total $80,355 · management and general $80,355

• 22 · Depreciation, depletion and amortization

  total $131,674 · program services $35,352 · management and general $63,928 · fundraising $32,394

• 23 · Insurance

  total $35,872 · program services $3,623 · management and general $16,537 · fundraising $15,712

• 24a · Other expenses: EVENTS AND COMMUNICATIONS

  total $155,651 · program services $82,457 · management and general $11,958 · fundraising $61,236

• 24b · Other expenses: EQUIPMENT AND CAPITAL IMP

  total $6,016 · program services $608 · management and general $2,773 · fundraising $2,635

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $424,941 · end of year $143,011

• 2 · Savings and temporary cash investments

  beginning of year $22,818,150 · end of year $25,791,815

• 3 · Pledges and grants receivable

  beginning of year $8,302,889 · end of year $15,639,834

• 4 · Accounts receivable

  beginning of year $253,545 · end of year $957,857

• 7 · Other notes and loans receivable

  beginning of year $257,550 · end of year $219,566

• 9 · Prepaid expenses and deferred charges

  beginning of year $111,855 · end of year $139,201

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

  $15,231,563

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

  $2,199,091

• 10c · Land, buildings and equipment, net

  beginning of year $8,933,197 · end of year $13,032,472

• 11 · Investments: publicly traded securities

  beginning of year $80,908,066 · end of year $97,722,432

• 12 · Investments: other securities

  beginning of year $17,685,442 · end of year $5,166,148

• 15 · Other assets

  beginning of year $449,040 · end of year $485,544

• 17 · Accounts payable and accrued expenses

  beginning of year $641,345 · end of year $755,254

• 21 · Escrow or custodial account liability

  beginning of year $61,102 · end of year $52,158

• 23 · Secured mortgages and notes payable

  beginning of year $308,816 · end of year $2,802,820

• 25 · Other liabilities

  beginning of year $2,764,573 · end of year $2,818,950

• 27 · Net assets without donor restrictions

  beginning of year $7,910,224 · end of year $8,958,390

• 28 · Net assets with donor restrictions

  beginning of year $128,458,615 · end of year $143,910,308

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 5A

CARA HAS ESTABLISHED A BONUS PLAN. IF PRIOR YEAR GOALS ARE MET, WHICH INCLUDE CONTRIBUTION REVENUE GOALS, THE CEO AND VP OF DEVELOPMENT MAY BE ELIGIBLE FOR A BONUS SUPPLEMENT.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CORRIDOR LLC

  INVESTING · SD · assets $135,000

  Directly controlled by CARA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• TECH VENTURES INC

  C CORP · MGMT. · SD · share of assets $5,000

  Directly controlled by CARA

• CHARIT REMAINDER TRUSTS (20)

  TRUST · CRT · SD