Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $55,000

• 1f · All other contributions, gifts and grants

  $207,727

• 2a · Program service revenue: MANAGEMENT FEES

  total $99,387 · related or exempt $99,387

• 3 · Investment income

  total $109,074 · excluded $109,074

• 7a · Gross sales of assets other than inventory

  securities $313,823

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

  securities $265,626

• 7c · Gain or loss

  securities $48,197

• 7d · Net gain or loss

  total $48,197 · excluded $48,197

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $544,796 · program services $544,796

• 3 · Grants to foreign organizations and individuals

  total $111,250 · program services $111,250

• 11b · Fees: legal

  total $2,208 · management and general $2,208

• 11f · Fees: investment management

  total $20,525 · management and general $20,525

• 11g · Fees: other

  total $114,620 · management and general $114,620

• 13 · Office expenses

  total $27,792 · management and general $27,792

• 14 · Information technology

  total $1,888 · management and general $1,888

• 17 · Travel

  total $22,789 · management and general $22,789

• 19 · Conferences, conventions and meetings

  total $146,082 · program services $146,082

• 20 · Interest

  total $6,448 · management and general $6,448

• 22 · Depreciation, depletion and amortization

  total $4,102 · management and general $4,102

• 24a · Other expenses: TAXES

  total $319 · management and general $319

• 24b · Other expenses: BANK FEE

  total $142 · management and general $142

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $152,874 · end of year $108,761

• 4 · Accounts receivable

  beginning of year $30,105

• 9 · Prepaid expenses and deferred charges

  beginning of year $18,432 · end of year $12,596

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

  $20,510

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

  $6,837

• 10c · Land, buildings and equipment, net

  beginning of year $17,775 · end of year $13,673

• 11 · Investments: publicly traded securities

  beginning of year $3,850,475 · end of year $3,842,500

• 15 · Other assets

  beginning of year $211,773 · end of year $85,824

• 17 · Accounts payable and accrued expenses

  beginning of year $212,600 · end of year $316,050

• 27 · Net assets without donor restrictions

  beginning of year $2,085,447 · end of year $2,188,522

• 28 · Net assets with donor restrictions

  beginning of year $1,983,387 · end of year $1,558,782

The filer's explanations (Part III)

PART I, LINE 3

RELATED PARTY CEO HAS A WRITTEN EMPLOYMENT CONTRACT THAT IS APPROVED BY THE BOARD OF DIRECTORS.