Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $829,912

• 1f · All other contributions, gifts and grants

  $2,848,877

• 1g · Noncash contributions included above

  $334,944

• 2a · Program service revenue: Tuition and Fees

  total $6,439,121 · related or exempt $6,439,121

• 2b · Program service revenue: Other Programs

  total $67,679 · related or exempt $67,679

• 3 · Investment income

  total $178,992 · excluded $178,992

• 6a · Gross rents

  real property $239,419

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $239,419

• 6d · Net rental income or loss

  total $239,419 · excluded $239,419

• 7a · Gross sales of assets other than inventory

  securities $1,472,718 · other assets $57,320

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

  securities $1,267,963 · other assets $96,677

• 7c · Gain or loss

  securities $204,755 · other assets -$39,357

• 7d · Net gain or loss

  total $165,398 · excluded $165,398

• 10a · Gross sales of inventory

  $29,792

• 10b · Cost of goods sold

  $7,733

• 10c · Net income from sales of inventory

  total $22,059 · excluded $22,059

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $59,838 · program services $59,838

• 2 · Grants to domestic individuals

  total $1,749,261 · program services $1,749,261

• 5 · Compensation of officers, directors and key employees

  total $574,183 · management and general $382,541 · fundraising $191,642

• 7 · Other salaries and wages

  total $4,820,418 · program services $2,737,312 · management and general $1,905,747 · fundraising $177,359

• 8 · Pension plan contributions

  total $29,096 · program services $14,888 · management and general $12,257 · fundraising $1,951

• 9 · Other employee benefits

  total $153,202 · program services $101,430 · management and general $48,786 · fundraising $2,986

• 10 · Payroll taxes

  total $394,925 · program services $202,078 · management and general $166,367 · fundraising $26,480

• 11b · Fees: legal

  total $47,848 · management and general $47,848

• 11c · Fees: accounting

  total $24,500 · management and general $24,500

• 11f · Fees: investment management

  total $46,163 · management and general $46,163

• 11g · Fees: other

  total $372,152 · program services $28,223 · management and general $288,929 · fundraising $55,000

• 12 · Advertising and promotion

  total $253,825 · program services $179,608 · management and general $29,601 · fundraising $44,616

• 13 · Office expenses

  total $297,961 · program services $132,559 · management and general $160,387 · fundraising $5,015

• 14 · Information technology

  total $125,183 · program services $74,747 · management and general $45,098 · fundraising $5,338

• 16 · Occupancy

  total $200,464 · program services $111,921 · management and general $87,768 · fundraising $775

• 17 · Travel

  total $141,214 · program services $111,170 · management and general $29,543 · fundraising $501

• 19 · Conferences, conventions and meetings

  total $6,869 · program services $6,151 · management and general $396 · fundraising $322

• 20 · Interest

  total $286,624 · program services $169,828 · management and general $104,434 · fundraising $12,362

• 22 · Depreciation, depletion and amortization

  total $599,058 · program services $592,086 · fundraising $6,972

• 23 · Insurance

  total $240,680 · program services $142,606 · management and general $87,694 · fundraising $10,380

• 24a · Other expenses: Food

  total $339,660 · program services $105,569 · management and general $234,091

• 24b · Other expenses: Other Expenses

  total $255,883 · program services $127,361 · management and general $124,025 · fundraising $4,497

• 24c · Other expenses: Repairs and Maintenance

  total $234,755 · program services $13,103 · management and general $221,652

• 24d · Other expenses: Program & Camping Expen

  total $102,146 · program services $32,707 · management and general $69,439

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $0 · end of year $15,046

• 2 · Savings and temporary cash investments

  beginning of year $427,407 · end of year $388,674

• 3 · Pledges and grants receivable

  beginning of year $766,277 · end of year $497,415

• 4 · Accounts receivable

  beginning of year $548,422 · end of year $313,309

• 8 · Inventories for sale or use

  beginning of year $139,673 · end of year $157,541

• 9 · Prepaid expenses and deferred charges

  beginning of year $40,386 · end of year $15,200

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

  $22,567,091

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

  $6,588,576

• 10c · Land, buildings and equipment, net

  beginning of year $15,984,752 · end of year $15,978,515

• 11 · Investments: publicly traded securities

  beginning of year $8,726,762 · end of year $7,724,908

• 12 · Investments: other securities

  beginning of year $1,517,261 · end of year $1,345,805

• 14 · Intangible assets

  beginning of year $252,224 · end of year $252,224

• 15 · Other assets

  beginning of year $244,606 · end of year $67

• 17 · Accounts payable and accrued expenses

  beginning of year $482,102 · end of year $370,141

• 19 · Deferred revenue

  beginning of year $1,258,432 · end of year $985,694

• 23 · Secured mortgages and notes payable

  beginning of year $4,708,982 · end of year $3,754,716

• 25 · Other liabilities

  beginning of year $157,929 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $11,006,437 · end of year $11,228,436

• 28 · Net assets with donor restrictions

  beginning of year $11,033,888 · end of year $10,349,717

The filer's explanations (Part III)

Part I, Lines 4a-b

During the calendar year 2022, Willard Morgan, Past President, received $140,519 from a 457F plan and $52,551 of a severance payment.