Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$6,042,748

2a · Program service revenue: PROGRAM FEES

total $174,175 · related or exempt $174,175

3 · Investment income

total $335,357 · excluded $335,357

7a · Gross sales of assets other than inventory

securities $20,245,121

7b · Less cost or other basis and sales expenses

securities $20,159,760

7c · Gain or loss

securities $85,361

7d · Net gain or loss

total $85,361 · related or exempt $85,361

11a · Other revenue: MISCELLANEOUS INCOME AND FEES

total $4,044 · related or exempt $4,044

11e · Other revenue, total

$4,044

5 · Compensation of officers, directors and key employees

total $2,246,585 · program services $2,246,585

7 · Other salaries and wages

total $2,043,113 · program services $820,837 · management and general $1,222,276

9 · Other employee benefits

total $515,607 · program services $333,402 · management and general $182,205

10 · Payroll taxes

total $297,688 · program services $213,167 · management and general $84,521

11g · Fees: other

total $296,288 · program services $155,756 · management and general $140,532

12 · Advertising and promotion

total $41,807 · program services $4,435 · management and general $37,372

13 · Office expenses

total $270,091 · program services $179,587 · management and general $90,504

16 · Occupancy

total $42,594 · program services $30,458 · management and general $12,136

17 · Travel

total $160,908 · program services $116,904 · management and general $44,004

22 · Depreciation, depletion and amortization

total $59 · program services $42 · management and general $17

23 · Insurance

total $19,450 · program services $6,865 · management and general $12,585

24a · Other expenses: FELLOWSHIP STIPENDS AND

total $1,198,955 · program services $1,198,955

24b · Other expenses: START-UP FUNDS

total $225,000 · program services $225,000

24c · Other expenses: FELLOWSHIP DESIGN

total $101,499 · program services $101,499

24d · Other expenses: FELLOWSHIP HOUSING AND

total $78,206 · program services $78,206

24e · All other expenses

total $125,953 · program services $79,946 · management and general $46,007

1 · Cash, non-interest-bearing

beginning of year $3,403,193 · end of year $1,192,723

4 · Accounts receivable

beginning of year $486,334 · end of year $0

9 · Prepaid expenses and deferred charges

beginning of year $18,485 · end of year $20,653

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

$47,972

10b · Land, buildings and equipment: accumulated depreciation

$47,972

10c · Land, buildings and equipment, net

beginning of year $59 · end of year $0

12 · Investments: other securities

beginning of year $9,607,660 · end of year $10,163,031

15 · Other assets

beginning of year $6,271 · end of year $6,271

17 · Accounts payable and accrued expenses

beginning of year $271,507 · end of year $278,316

19 · Deferred revenue

beginning of year $1,508,482 · end of year $249,608

25 · Other liabilities

beginning of year $38 · end of year $38

27 · Net assets without donor restrictions

beginning of year $9,071,975 · end of year $10,759,716

28 · Net assets with donor restrictions

beginning of year $2,670,000 · end of year $95,000