Form 990 for tax year 2022

1b · Membership dues

$1,136,388

1e · Government grants (contributions)

$55,555

2a · Program service revenue: ACCELERATE

total $827,662 · related or exempt $827,662

2b · Program service revenue: SPONSORSHIPS

total $760,547 · related or exempt $760,547

2c · Program service revenue: PROGRAM REGISTRATION

total $515,347 · related or exempt $515,347

2d · Program service revenue: AFFINITY REVENUES

total $510,596 · related or exempt $510,596

2e · Program service revenue: CONTRACTS

total $94,250 · related or exempt $94,250

2f · All other program service revenue

total $46,608 · related or exempt $46,608

3 · Investment income

total $59,841 · excluded $59,841

7a · Gross sales of assets other than inventory

securities $2,923,483 · other assets $232

7b · Less cost or other basis and sales expenses

securities $2,985,379

7c · Gain or loss

securities -$61,896 · other assets $232

7d · Net gain or loss

total -$61,664 · related or exempt -$61,896 · excluded $232

7 · Other salaries and wages

total $2,048,217 · program services $1,065,073 · management and general $778,322 · fundraising $204,822

10 · Payroll taxes

total $143,148 · program services $74,437 · management and general $54,396 · fundraising $14,315

11f · Fees: investment management

total $19,640 · management and general $19,640

12 · Advertising and promotion

total $136,608 · program services $136,608

16 · Occupancy

total $398,417 · program services $398,417

22 · Depreciation, depletion and amortization

total $65,409 · program services $34,013 · management and general $24,855 · fundraising $6,541

24a · Other expenses: PROGRAM EXPENSES

total $227,747 · program services $227,747

24b · Other expenses: NEXT UPSTATE LLC SUPPORT

total $220,000 · program services $220,000

24c · Other expenses: ADMINISTRATION

total $190,105 · program services $95,052 · management and general $95,053

24d · Other expenses: INVESTOR DEVELOPMENT

total $176,686 · program services $176,686

24e · All other expenses

total $430,592 · program services $353,816 · management and general $76,776

1 · Cash, non-interest-bearing

beginning of year $1,133,946 · end of year $1,032,507

2 · Savings and temporary cash investments

beginning of year $178,560

4 · Accounts receivable

beginning of year $283,072 · end of year $139,540

7 · Other notes and loans receivable

end of year $39,309

9 · Prepaid expenses and deferred charges

beginning of year $40,143 · end of year $34,618

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

$515,612

10b · Land, buildings and equipment: accumulated depreciation

$167,420

10c · Land, buildings and equipment, net

beginning of year $399,560 · end of year $348,192

11 · Investments: publicly traded securities

beginning of year $2,575,493 · end of year $2,353,931

14 · Intangible assets

beginning of year $1,997,269 · end of year $1,821,766

17 · Accounts payable and accrued expenses

beginning of year $185,387 · end of year $354,120

19 · Deferred revenue

beginning of year $238,661 · end of year $147,862

25 · Other liabilities

beginning of year $2,275,696 · end of year $1,768,285

27 · Net assets without donor restrictions

beginning of year $3,908,299 · end of year $3,372,050

28 · Net assets with donor restrictions

end of year $127,546