Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $109,120

• 1f · All other contributions, gifts and grants

  $3,516,154

• 1g · Noncash contributions included above

  $256,772

• 2f · All other program service revenue

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

• 3 · Investment income

  total $203,500 · excluded $203,500

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $227,069

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

  securities $182,978

• 7c · Gain or loss

  securities $44,091 · other assets $0

• 7d · Net gain or loss

  total $44,091 · excluded $44,091

• 8a · Fundraising events: gross income

  $17,703

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

  $109,120

• 8b · Fundraising events: direct expenses

  $31,209

• 8c · Net income from fundraising events

  total -$13,506 · excluded -$13,506

• 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 $4,371,818 · program services $4,371,818

• 2 · Grants to domestic individuals

  total $15,225 · program services $15,225

• 11g · Fees: other

  total $93,232 · program services $0 · management and general $93,232 · fundraising $0

• 16 · Occupancy

  total $23,885 · fundraising $23,885

• 17 · Travel

  total $12,307 · fundraising $12,307

• 24a · Other expenses: Miscellaneous

  total $7,323 · fundraising $7,323

• 24e · All other expenses

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

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,864,118 · end of year $2,706,962

• 3 · Pledges and grants receivable

  beginning of year $477,445 · end of year $687,480

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $125 · end of year $132

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 12 · Investments: other securities

  beginning of year $6,535,831 · end of year $7,161,790

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $614,730 · end of year $588,954

• 19 · Deferred revenue

  beginning of year $2,500 · end of year $24,300

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $1,199,118 · end of year $1,335,783

• 28 · Net assets with donor restrictions

  beginning of year $9,061,171 · end of year $8,607,327

The filer's explanations (Part III)

Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL

NAME - KURT PETERSON, COMPENSATION FROM UNRELATED ORGANIZATION - 249574.000000, NAME OF UNRELATED ORGANIZATION - COLLEGE OF LAKE COUNTY, TYPE OF COMPENSATION - SALARIES AND BENEFITS