Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $55,179

• 1d · Related organizations

  $475,000

• 1e · Government grants (contributions)

  $495,495

• 1f · All other contributions, gifts and grants

  $19,873,593

• 1g · Noncash contributions included above

  $4,033,993

• 3 · Investment income

  total $560,472 · unrelated business $127,257 · excluded $433,215

• 7a · Gross sales of assets other than inventory

  securities $983,016

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

  securities $0

• 7c · Gain or loss

  securities $983,016

• 7d · Net gain or loss

  total $983,016 · unrelated business $10,638 · excluded $972,378

• 8a · Fundraising events: gross income

  $46,250

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

  $55,179

• 8b · Fundraising events: direct expenses

  $31,971

• 8c · Net income from fundraising events

  total $14,279 · excluded $14,279

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $6,440,581 · program services $6,440,581

• 2 · Grants to domestic individuals

  total $429,593 · program services $429,593

• 3 · Grants to foreign organizations and individuals

  total $1,857,500 · program services $1,857,500

• 7 · Other salaries and wages

  total $413,984 · program services $160,711 · management and general $211,176 · fundraising $42,097

• 8 · Pension plan contributions

  total $43,397 · program services $16,756 · management and general $22,272 · fundraising $4,369

• 9 · Other employee benefits

  total $68,298 · program services $26,368 · management and general $34,800 · fundraising $7,130

• 10 · Payroll taxes

  total $29,303 · program services $11,312 · management and general $15,033 · fundraising $2,958

• 11b · Fees: legal

  total $10,990 · program services $885 · management and general $10,105

• 11c · Fees: accounting

  total $13,000 · management and general $13,000

• 11g · Fees: other

  total $6,197 · program services $1,805 · management and general $4,392

• 12 · Advertising and promotion

  total $19,642 · program services $6,629 · management and general $13,013

• 13 · Office expenses

  total $26,212 · program services $7,456 · management and general $18,756

• 14 · Information technology

  total $54,535 · program services $19,853 · management and general $34,682

• 17 · Travel

  total $4,794 · program services $1,811 · management and general $2,983

• 19 · Conferences, conventions and meetings

  total $3,341 · program services $1,270 · management and general $2,071

• 22 · Depreciation, depletion and amortization

  total $9,469 · program services $3,598 · management and general $5,871

• 23 · Insurance

  total $2,008 · program services $763 · management and general $1,245

• 24a · Other expenses: Agency fund expenses

  total $1,714,780 · program services $1,714,780

• 24b · Other expenses: Community relations

  total $35,772 · program services $13,112 · management and general $20,811 · fundraising $1,849

• 24c · Other expenses: Dues & memberships

  total $2,662 · program services $1,012 · management and general $1,650

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,938,999 · end of year $8,278,591

• 2 · Savings and temporary cash investments

  beginning of year $2,177,882 · end of year $4,188,122

• 3 · Pledges and grants receivable

  beginning of year $7,050,554 · end of year $9,926,951

• 4 · Accounts receivable

  beginning of year $284,270 · end of year $36,803

• 9 · Prepaid expenses and deferred charges

  beginning of year $43,959 · end of year $42,294

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

  $94,665

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

  $60,473

• 10c · Land, buildings and equipment, net

  beginning of year $43,661 · end of year $34,192

• 12 · Investments: other securities

  beginning of year $13,826,276 · end of year $15,963,734

• 17 · Accounts payable and accrued expenses

  beginning of year $435,331 · end of year $103,410

• 18 · Grants payable

  beginning of year $8,608,391 · end of year $7,749,653

• 25 · Other liabilities

  beginning of year $1,902 · end of year $248

• 27 · Net assets without donor restrictions

  beginning of year $9,115,451 · end of year $16,941,765

• 28 · Net assets with donor restrictions

  beginning of year $10,204,526 · end of year $13,675,611

The filer's explanations (Part III)

Part I, Line 3

The CEO is compensated by a related organization, Paso del Norte Health Foundation (PdNHF). PdNHF uses a compensation survey and approval by the board as methods to establish compensation for this position.

Disregarded entities

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

• Paso del Norte Trails LLC

  Charitable program · TX · income $10,934 · assets $45,452

  Directly controlled by Paso Del Norte Community Foundation