Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,997,719

• 1f · All other contributions, gifts and grants

  $1,972,978

• 3 · Investment income

  total $63,195 · excluded $63,195

• 7a · Gross sales of assets other than inventory

  securities $2,138,394

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

  securities $1,922,520

• 7c · Gain or loss

  securities $215,874

• 7d · Net gain or loss

  total $215,874 · excluded $215,874

• 11a · Other revenue: OTHER INCOME

  total $83 · excluded $83

• 11e · Other revenue, total

  $83

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $689,705 · program services $613,211 · management and general $76,494

• 7 · Other salaries and wages

  total $3,084,784 · program services $2,535,998 · management and general $548,786

• 8 · Pension plan contributions

  total $99,606 · program services $81,918 · management and general $17,688

• 9 · Other employee benefits

  total $754,564 · program services $664,911 · management and general $89,653

• 10 · Payroll taxes

  total $312,142 · program services $273,147 · management and general $38,995

• 11b · Fees: legal

  total $9,512 · management and general $9,512

• 11c · Fees: accounting

  total $43,850 · management and general $43,850

• 11f · Fees: investment management

  total $9,051 · management and general $9,051

• 11g · Fees: other

  total $721,979 · program services $476,254 · management and general $245,725

• 13 · Office expenses

  total $247,736 · program services $63,432 · management and general $184,304

• 16 · Occupancy

  total $508,895 · program services $433,217 · management and general $75,678

• 17 · Travel

  total $193,672 · program services $160,387 · management and general $33,285

• 23 · Insurance

  total $30,877 · management and general $30,877

• 24a · Other expenses: TRAINING SUPPLIES

  total $677,151 · program services $677,151

• 24b · Other expenses: OTHER PROGRAM EXPENSE

  total $569,927 · program services $569,927

• 24c · Other expenses: OTHER

  total $155,889 · program services $81,457 · management and general $74,432

• 24d · Other expenses: TAXES AND LICENSES

  total $57,026 · program services $53,286 · management and general $3,740

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,317,492 · end of year $31,495

• 2 · Savings and temporary cash investments

  end of year $987,250

• 3 · Pledges and grants receivable

  beginning of year $1,757,531 · end of year $1,773,376

• 9 · Prepaid expenses and deferred charges

  beginning of year $58,987 · end of year $75,291

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

  $35,588

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

  $22,438

• 10c · Land, buildings and equipment, net

  beginning of year $18,386 · end of year $13,150

• 11 · Investments: publicly traded securities

  beginning of year $2,120,240 · end of year $2,436,376

• 15 · Other assets

  beginning of year $1,522,186 · end of year $1,130,516

• 17 · Accounts payable and accrued expenses

  beginning of year $536,847 · end of year $555,890

• 19 · Deferred revenue

  beginning of year $214,692 · end of year $85,471

• 25 · Other liabilities

  beginning of year $1,509,726 · end of year $1,107,303

• 27 · Net assets without donor restrictions

  beginning of year $3,936,803 · end of year $4,406,540

• 28 · Net assets with donor restrictions

  beginning of year $596,754 · end of year $292,250

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD REVIEWS CEO COMPENSATION ANNUALLY IN COLLABORATION WITH CARDEA'S HR CONSULTANT.