Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $610,072

• 1f · All other contributions, gifts and grants

  $3,830,566

• 1g · Noncash contributions included above

  $32,471

• 2a · Program service revenue: INTERNSHIP & PLACEMENT

  total $3,853,638 · related or exempt $3,853,638

• 3 · Investment income

  total $436,317 · excluded $436,317

• 7a · Gross sales of assets other than inventory

  securities $11,518

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

  securities $5,536

• 7c · Gain or loss

  securities $5,982

• 7d · Net gain or loss

  total $5,982 · excluded $5,982

• 8a · Fundraising events: gross income

  $66,975

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

  $610,072

• 8b · Fundraising events: direct expenses

  $343,238

• 8c · Net income from fundraising events

  total -$276,263 · excluded -$276,263

• 11d · All other revenue

  total $80,277 · related or exempt $80,277

• 11e · Other revenue, total

  $80,277

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $681,276 · program services $681,276

• 2 · Grants to domestic individuals

  total $219,363 · program services $219,363

• 5 · Compensation of officers, directors and key employees

  total $1,170,924 · program services $116,903 · management and general $988,828 · fundraising $65,193

• 7 · Other salaries and wages

  total $4,442,421 · program services $3,440,839 · management and general $540,717 · fundraising $460,865

• 8 · Pension plan contributions

  total $31,141 · program services $21,600 · management and general $6,149 · fundraising $3,392

• 9 · Other employee benefits

  total $557,717 · program services $357,115 · management and general $156,810 · fundraising $43,792

• 10 · Payroll taxes

  total $412,403 · program services $280,481 · management and general $104,413 · fundraising $27,509

• 11b · Fees: legal

  total $276,401 · management and general $276,401

• 11c · Fees: accounting

  total $76,000 · management and general $76,000

• 11e · Fees: professional fundraising services

  total $201,544 · fundraising $201,544

• 11g · Fees: other

  total $1,081,897 · program services $603,803 · management and general $383,197 · fundraising $94,897

• 12 · Advertising and promotion

  total $181,319 · program services $68,115 · management and general $97,584 · fundraising $15,620

• 13 · Office expenses

  total $126,920 · program services $44,633 · management and general $70,086 · fundraising $12,201

• 14 · Information technology

  total $782,795 · program services $208,208 · management and general $496,479 · fundraising $78,108

• 16 · Occupancy

  total $116,325 · program services $15,753 · management and general $82,454 · fundraising $18,118

• 17 · Travel

  total $14,769 · program services $12,342 · management and general $2,200 · fundraising $227

• 19 · Conferences, conventions and meetings

  total $191,430 · program services $59,586 · management and general $100,816 · fundraising $31,028

• 20 · Interest

  total $4,164 · management and general $4,164

• 23 · Insurance

  total $78,499 · management and general $78,499

• 24a · Other expenses: RECRUITING/TRAINING/DEV

  total $1,440,772 · program services $1,412,015 · management and general $15,773 · fundraising $12,984

• 24b · Other expenses: UNCOLLECTED FEES

  total $19,000 · program services $19,000

• 24e · All other expenses

  total $42,862 · management and general $42,862

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,020,673 · end of year $2,267,761

• 2 · Savings and temporary cash investments

  beginning of year $7,662,179 · end of year $7,086,165

• 3 · Pledges and grants receivable

  beginning of year $1,652,500 · end of year $1,118,000

• 4 · Accounts receivable

  beginning of year $1,108,365 · end of year $706,113

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $2,740

• 9 · Prepaid expenses and deferred charges

  beginning of year $294,935 · end of year $205,010

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

  $4,322,518

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

  $4,322,518

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $11,518 · end of year $0

• 15 · Other assets

  beginning of year $402,002 · end of year $323,446

• 17 · Accounts payable and accrued expenses

  beginning of year $827,708 · end of year $441,410

• 18 · Grants payable

  beginning of year $3,331,024 · end of year $3,331,024

• 19 · Deferred revenue

  beginning of year $3,159,550 · end of year $2,792,393

• 24 · Unsecured notes and loans payable

  beginning of year $149,900 · end of year $149,900

• 25 · Other liabilities

  beginning of year $446,780 · end of year $366,651

• 27 · Net assets without donor restrictions

  beginning of year -$2,461,328 · end of year -$4,418,585

• 28 · Net assets with donor restrictions

  beginning of year $10,698,538 · end of year $9,046,442

The filer's explanations (Part III)

PART I, LINE 4A

HARLAND ABRAHAM - $38,758