Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TRANSPORTATION FEES

  total $1,200,000 · related or exempt $1,200,000

• 3 · Investment income

  total $8 · excluded $8

• 11a · Other revenue: PPP FORGIVENESS

  total $146,630 · related or exempt $146,630

• 11b · Other revenue: OTHER INCOME

  total $87,755 · related or exempt $87,755

• 11e · Other revenue, total

  $234,385

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $53,099 · management and general $53,099

• 6 · Compensation of disqualified persons

  total $737,065 · program services $704,755 · management and general $32,310

• 8 · Pension plan contributions

  total $11,587 · program services $10,087 · management and general $1,500

• 9 · Other employee benefits

  total $34,989 · program services $32,682 · management and general $2,307

• 10 · Payroll taxes

  total $77,319 · program services $73,535 · management and general $3,784

• 11c · Fees: accounting

  total $14,795 · management and general $14,795

• 11g · Fees: other

  total $1,401 · program services $1,401

• 13 · Office expenses

  total $1,443 · management and general $1,443

• 17 · Travel

  total $74,784 · program services $74,784

• 23 · Insurance

  total $4,114 · program services $3,956 · management and general $158

• 24a · Other expenses: AUTO EXPENSE

  total $205,487 · program services $205,487

• 24b · Other expenses: MISCELLANEOUS

  total $22,845 · program services $22,845

• 24c · Other expenses: PAYROLL PROCESSING

  total $6,685 · program services $6,685

• 24d · Other expenses: TELEPHONE

  total $2,530 · program services $2,530

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year -$39,795 · end of year -$13,173

• 2 · Savings and temporary cash investments

  beginning of year $10,266 · end of year $274

• 4 · Accounts receivable

  end of year $1,000

• 24 · Unsecured notes and loans payable

  beginning of year $352,875 · end of year $184,255

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year -$382,404 · end of year -$196,154

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION STUDY WAS PERFORMED BY A RELATED ORGANIZATION

PART I, LINE 4B

THE ORGANIZATION'S RELATED ORGANIZATION, HASC CENTER, INC. ("HCI"), FUNDED A SUPPLEMENTAL RETIREMENT PLAN (SERP) FOR THE EXECUTIVE, WHO FOUNDED THE ORGANIZATION AND HAS LED HCI AS ITS EXECUTIVE DIRECTOR SINCE MAY 21, 1984; MOST OF THOSE YEARS WITHOUT ANY RETIREMENT BENEFITS. THE ANNUAL PREMIUM FOR THIS RETIREMENT BENEFIT WAS $101,931. THE SERP PROMISES TO PAY THE EXECUTIVE HIS SERP ACCOUNT IF HE REMAINS EMPLOYED UNTIL HE IS 80 YEARS OLD. HE FORFEITS MOST OF THE BENEFIT IF HE VOLUNTARILY TERMINATES IN THE NEXT 5 YEARS. THE REPORTING ORGANIZATION DOES NOT CONTRIBUTE TOWARD THIS SERP.