Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $421,882

• 1f · All other contributions, gifts and grants

  $134,755

• 2a · Program service revenue: Net Patient Service Revenue

  total $7,241,665 · related or exempt $7,241,665

• 2b · Program service revenue: Other Operating Rev.

  total $28,416 · related or exempt $28,416

• 3 · Investment income

  total $291,749 · excluded $291,749

• 7a · Gross sales of assets other than inventory

  securities $2,400,232

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

  securities $1,978,827

• 7c · Gain or loss

  securities $421,405

• 7d · Net gain or loss

  total $421,405 · excluded $421,405

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $351,623 · management and general $351,623

• 7 · Other salaries and wages

  total $5,024,577 · program services $4,344,466 · management and general $680,111

• 8 · Pension plan contributions

  total $116,100 · program services $103,681 · management and general $12,419

• 9 · Other employee benefits

  total $339,927 · program services $297,924 · management and general $42,003

• 10 · Payroll taxes

  total $422,808 · program services $347,548 · management and general $75,260

• 11b · Fees: legal

  total $5,545 · management and general $5,545

• 11c · Fees: accounting

  total $35,467 · management and general $35,467

• 11f · Fees: investment management

  total $39,381 · management and general $39,381

• 11g · Fees: other

  total $249,225 · program services $39,769 · management and general $209,456

• 12 · Advertising and promotion

  total $2,252 · program services $1,851 · management and general $401

• 13 · Office expenses

  total $136,535 · program services $112,231 · management and general $24,304

• 14 · Information technology

  total $37,160 · program services $30,546 · management and general $6,614

• 16 · Occupancy

  total $160,396 · program services $131,846 · management and general $28,550

• 17 · Travel

  total $215,252 · program services $210,287 · management and general $4,965

• 19 · Conferences, conventions and meetings

  total $15,390 · program services $12,651 · management and general $2,739

• 22 · Depreciation, depletion and amortization

  total $30,839 · program services $25,350 · management and general $5,489

• 23 · Insurance

  total $47,439 · program services $38,995 · management and general $8,444

• 24a · Other expenses: Program Supplies

  total $219,197 · program services $219,197

• 24b · Other expenses: Miscellaneous Expenses

  total $210,398 · program services $205,318 · management and general $5,080

• 24c · Other expenses: Fundraising Expenses

  total $5,066 · fundraising $5,066

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $150 · end of year $150

• 2 · Savings and temporary cash investments

  beginning of year $840,910 · end of year $1,063,195

• 3 · Pledges and grants receivable

  beginning of year $1,417,734 · end of year $1,494,463

• 4 · Accounts receivable

  beginning of year $721,607 · end of year $729,389

• 9 · Prepaid expenses and deferred charges

  beginning of year $57,133 · end of year $61,866

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

  $301,937

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

  $183,658

• 10c · Land, buildings and equipment, net

  beginning of year $140,710 · end of year $118,279

• 11 · Investments: publicly traded securities

  beginning of year $9,349,718 · end of year $10,568,981

• 14 · Intangible assets

  end of year $1,175,733

• 15 · Other assets

  beginning of year $291 · end of year $2,649

• 17 · Accounts payable and accrued expenses

  beginning of year $774,790 · end of year $840,852

• 25 · Other liabilities

  beginning of year $0 · end of year $1,196,103

• 27 · Net assets without donor restrictions

  beginning of year $11,753,463 · end of year $13,177,750

The filer's explanations (Part III)

Part I, Line 7

All non-fixed payments are reviewed/recommended by the Agency Finance Director, Executive Director, Human Resources and Clinical Director; then presented to the Board of Directors. Based on available funding from the 2nd Installment of the Premium Pay for Workforce Recruitment and Retention Grant Program, issued by the Vermont Agency of Human Services, one-time payments were made on 8/19/23 to all staff agreeing to continued employment thru the end of 2023. This payment was inclusive of the Executive Director.