Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $62,500

• 1d · Related organizations

  $19,173

• 1f · All other contributions, gifts and grants

  $304,185

• 3 · Investment income

  total $58,809 · excluded $58,809

• 7a · Gross sales of assets other than inventory

  securities $971,111

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

  securities $949,492

• 7c · Gain or loss

  securities $21,619

• 7d · Net gain or loss

  total $21,619 · excluded $21,619

• 8a · Fundraising events: gross income

  $53,693

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

  $62,500

• 8b · Fundraising events: direct expenses

  $29,617

• 8c · Net income from fundraising events

  total $24,076 · excluded $24,076

• 9a · Gaming: gross income

  $6,900

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $6,900 · excluded $6,900

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $691,436 · program services $691,436

• 2 · Grants to domestic individuals

  total $32,204 · program services $32,204

• 11c · Fees: accounting

  total $7,000 · management and general $7,000

• 11f · Fees: investment management

  total $3,051 · management and general $3,051

• 13 · Office expenses

  total $11,728 · management and general $11,728

• 24a · Other expenses: LICENSES & FEES

  total $433 · management and general $433

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $58,172

• 2 · Savings and temporary cash investments

  beginning of year $340,069 · end of year $359,037

• 3 · Pledges and grants receivable

  beginning of year $513,542 · end of year $42,858

• 11 · Investments: publicly traded securities

  beginning of year $1,423,520 · end of year $1,752,762

• 15 · Other assets

  beginning of year $3,967 · end of year $316

• 17 · Accounts payable and accrued expenses

  beginning of year $8,483 · end of year $1,648

• 27 · Net assets without donor restrictions

  beginning of year $398,968 · end of year $541,123

• 28 · Net assets with donor restrictions

  beginning of year $1,931,819 · end of year $1,612,202

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR IS EMPLOYED AND PAID BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION CONDUCTS A COMPENSATION ANALYSIS EACH YEAR TO COMPARE COMPENSATION OF ALL PAID POSITIONS TO MARKET SURVEYS OF COMPENSATION FOR SIMILAR POSITIONS IN OTHER ORGANIZATIONS.