Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $556,306

• 1d · Related organizations

  $90,000

• 1f · All other contributions, gifts and grants

  $170,783

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,425,566 · excluded $1,425,566

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $1,292,483

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

  securities $0

• 7c · Gain or loss

  securities $1,292,483 · other assets $0

• 7d · Net gain or loss

  total $1,292,483 · excluded $1,292,483

• 8a · Fundraising events: gross income

  $87,873

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

  $556,306

• 8b · Fundraising events: direct expenses

  $297,381

• 8c · Net income from fundraising events

  total -$209,508 · excluded -$209,508

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $892,506 · program services $892,506

• 7 · Other salaries and wages

  total $73,118 · program services $0 · management and general $0 · fundraising $73,118

• 8 · Pension plan contributions

  total $3,352 · program services $0 · management and general $0 · fundraising $3,352

• 9 · Other employee benefits

  total $7,751 · program services $0 · management and general $0 · fundraising $7,751

• 10 · Payroll taxes

  total $5,137 · program services $0 · management and general $0 · fundraising $5,137

• 11a · Fees: management

  total $5,133 · program services $0 · management and general $5,133 · fundraising $0

• 11f · Fees: investment management

  total $60,889 · program services $0 · management and general $60,889 · fundraising $0

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $2,275 · program services $275 · management and general $2,000 · fundraising $0

• 13 · Office expenses

  total $18,406 · program services $0 · management and general $18,406 · fundraising $0

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $244,821 · end of year $192,774

• 3 · Pledges and grants receivable

  beginning of year $2,340,950 · end of year $1,222,811

• 4 · Accounts receivable

  beginning of year $79,299 · end of year $79,426

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,500 · end of year $1,500

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  end of year $15,382,237

• 12 · Investments: other securities

  beginning of year $13,062,687

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $231,989 · end of year $263,505

• 17 · Accounts payable and accrued expenses

  beginning of year $12,713 · end of year $12,941

• 19 · Deferred revenue

  beginning of year $43,238 · end of year $33,488

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $9,010,526 · end of year $9,478,087

• 28 · Net assets with donor restrictions

  beginning of year $6,899,769 · end of year $7,617,737

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

OFFICER COMPENSATION IS DETERMINED BY RIVER GARDEN HOLDING COMPANY, INC. ("RGHC"). RGHC USES A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE TO DETERMINE OFFICER COMPENSATION.