Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $828,603

• 1f · All other contributions, gifts and grants

  $3,142,852

• 3 · Investment income

  total $64,287 · excluded $64,287

• 7a · Gross sales of assets other than inventory

  securities $392,940

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

  securities $288,241

• 7c · Gain or loss

  securities $104,699

• 7d · Net gain or loss

  total $104,699 · excluded $104,699

• 8a · Fundraising events: gross income

  $140,648

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

  $828,603

• 8b · Fundraising events: direct expenses

  $417,659

• 8c · Net income from fundraising events

  total -$277,011 · excluded -$277,011

• 11d · All other revenue

  total $24 · excluded $24

• 11e · Other revenue, total

  $24

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $140,000 · program services $140,000

• 7 · Other salaries and wages

  total $277,792 · program services $97,227 · management and general $55,558 · fundraising $125,007

• 9 · Other employee benefits

  total $50,671 · program services $17,735 · management and general $10,134 · fundraising $22,802

• 10 · Payroll taxes

  total $17,556 · program services $6,145 · management and general $3,511 · fundraising $7,900

• 11f · Fees: investment management

  total $3,458 · program services $3,458

• 11g · Fees: other

  total $124,473 · program services $37,329 · management and general $17,486 · fundraising $69,658

• 13 · Office expenses

  total $18,795 · program services $755 · management and general $431 · fundraising $17,609

• 17 · Travel

  total $28,301 · program services $245 · management and general $140 · fundraising $27,916

• 19 · Conferences, conventions and meetings

  total $646 · program services $385 · fundraising $261

• 22 · Depreciation, depletion and amortization

  total $1,293 · program services $452 · management and general $259 · fundraising $582

• 24a · Other expenses: BAD DEBT EXPENSE

  total $50,391 · program services $17,637 · management and general $10,078 · fundraising $22,676

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,909 · end of year $234,750

• 2 · Savings and temporary cash investments

  end of year $2,949,728

• 4 · Accounts receivable

  end of year $45,995

• 9 · Prepaid expenses and deferred charges

  end of year $2,761

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

  $6,650

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

  $4,249

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $2,401

• 17 · Accounts payable and accrued expenses

  beginning of year $56 · end of year $76,417

• 27 · Net assets without donor restrictions

  beginning of year $11,853 · end of year $3,159,218

The filer's explanations (Part III)

PART I, LINE 1A

NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH FIRST-CLASS OR CHARTER TRAVEL, WHICH ARE NOT TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH TRAVEL FOR COMPANIONS, WHICH IS TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL. NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, WHICH ARE TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL