Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $18,000

• 1e · Government grants (contributions)

  $1,174,178

• 1f · All other contributions, gifts and grants

  $580,334

• 2a · Program service revenue: REHAB AND VOCATIONAL PROGRAMS

  total $8,176,859 · related or exempt $8,176,859

• 3 · Investment income

  total $9 · excluded $9

• 5 · Royalties

  total $132,336 · excluded $132,336

• 8a · Fundraising events: gross income

  $3,000

• 8a · Fundraising events: contributions included on line 1c

  $18,000

• 8b · Fundraising events: direct expenses

  $23,831

• 8c · Net income from fundraising events

  total -$20,831 · excluded -$20,831

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $10,557 · excluded $10,557

• 11b · Other revenue: BINGO DISTRIBUTIONS

  total $4,000 · excluded $4,000

• 11e · Other revenue, total

  $14,557

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,385,670 · program services $1,385,670

• 5 · Compensation of officers, directors and key employees

  total $83,905 · program services $83,905

• 7 · Other salaries and wages

  total $5,651,193 · program services $4,719,867 · management and general $903,731 · fundraising $27,595

• 8 · Pension plan contributions

  total $391,276 · program services $326,439 · management and general $62,572 · fundraising $2,265

• 9 · Other employee benefits

  total $788,331 · program services $657,698 · management and general $126,069 · fundraising $4,564

• 10 · Payroll taxes

  total $317,505 · program services $262,233 · management and general $50,775 · fundraising $4,497

• 11b · Fees: legal

  total $144 · management and general $144

• 11c · Fees: accounting

  total $148 · management and general $148

• 11g · Fees: other

  total $360,863 · program services $285,026 · management and general $74,273 · fundraising $1,564

• 12 · Advertising and promotion

  total $24,668 · program services $18,807 · management and general $5,861

• 13 · Office expenses

  total $339,218 · program services $269,743 · management and general $49,747 · fundraising $19,728

• 14 · Information technology

  total $79,065 · program services $64,534 · management and general $14,531

• 16 · Occupancy

  total $1,049,353 · program services $676,938 · management and general $372,025 · fundraising $390

• 17 · Travel

  total $172,350 · program services $126,328 · management and general $41,718 · fundraising $4,304

• 19 · Conferences, conventions and meetings

  total $3,429 · program services $2,255 · management and general $1,174

• 20 · Interest

  total $6,601 · program services $6,601

• 22 · Depreciation, depletion and amortization

  total $66,705 · program services $48,921 · management and general $17,784

• 23 · Insurance

  total $178,159 · program services $176,862 · management and general $164 · fundraising $1,133

• 24a · Other expenses: REIMBURSED EXP (FEDCAP)

  total $1,197,231 · program services $52,481 · management and general $1,144,370 · fundraising $380

• 24b · Other expenses: SECURITY EXPENSES

  total $43,047 · program services $29,475 · management and general $13,489 · fundraising $83

• 24c · Other expenses: BANK FEES

  total $3,223 · management and general $3,223

• 24e · All other expenses

  total $203,130 · program services $89,255 · management and general $97,668 · fundraising $16,207

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $630,408 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $37,950 · end of year $334,344

• 3 · Pledges and grants receivable

  beginning of year $2,051 · end of year $89,551

• 4 · Accounts receivable

  beginning of year $1,301,194 · end of year $1,916,819

• 8 · Inventories for sale or use

  beginning of year $10,716 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $193,679 · end of year $259,360

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

  $624,564

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

  $223,251

• 10c · Land, buildings and equipment, net

  beginning of year $692,486 · end of year $401,313

• 15 · Other assets

  beginning of year $1,525,594 · end of year $1,412,127

• 17 · Accounts payable and accrued expenses

  beginning of year $740,955 · end of year $846,228

• 19 · Deferred revenue

  beginning of year $102,633 · end of year $40,560

• 25 · Other liabilities

  beginning of year $8,880,504 · end of year $11,364,039

• 27 · Net assets without donor restrictions

  beginning of year -$5,330,014 · end of year -$7,837,313

The filer's explanations (Part III)

PART I, LINE 4B

PRESIDENT/CEO, CHRISTINE MCMAHON PARTICIPATES IN FEDCAP'S SUPPLEMENTAL NONQUALIFIED SECTION 457(F) RETIREMENT PLAN. THE EMPLOYER CONTRIBUTION TO THE SECTION 457(F) PLAN IN CALENDAR YEAR 2023 WAS $130,000; THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN C.

Disregarded entities

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

• EASTER SEALS LAWN AND LANDSCAPE LLC

  LANDSCAPING · TX

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• FEDCAP VR LLC

  WORKFORCE DEV · NY

  Directly controlled by FEDCAP GROUP INC