Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $709,419

• 2a · Program service revenue: DUES

  total $1,978,280 · related or exempt $1,978,280

• 2b · Program service revenue: CONVENTION

  total $894,060 · related or exempt $554,400 · excluded $339,660

• 2c · Program service revenue: LEGISLATIVE FUND

  total $141,035 · related or exempt $141,035

• 2d · Program service revenue: LEADERSHIP DIVISION

  total $129,365 · related or exempt $129,365

• 2e · Program service revenue: ADVERTISING

  total $11,610 · unrelated business $11,610

• 2f · All other program service revenue

  total $6,380 · related or exempt $6,380

• 3 · Investment income

  total $9,893 · excluded $9,893

• 5 · Royalties

  total $1,072,179 · excluded $1,072,179

• 6a · Gross rents

  real property $21,762

• 6c · Rental income or loss

  real property $21,762

• 6d · Net rental income or loss

  total $21,762 · excluded $21,762

• 11a · Other revenue: REIMBURSEMENTS

  total $12,000 · related or exempt $12,000

• 11b · Other revenue: MISC INCOME

  total $394 · related or exempt $394

• 11e · Other revenue, total

  $12,394

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,480,473

• 7 · Other salaries and wages

  total $880,631

• 8 · Pension plan contributions

  total $36,954

• 9 · Other employee benefits

  total $229,816

• 10 · Payroll taxes

  total $161,175

• 11b · Fees: legal

  total $19,744

• 11c · Fees: accounting

  total $22,068

• 11g · Fees: other

  total $394,802

• 12 · Advertising and promotion

  total $20,152

• 13 · Office expenses

  total $201,458

• 14 · Information technology

  total $27,645

• 16 · Occupancy

  total $268,083

• 17 · Travel

  total $202,845

• 18 · Travel or entertainment for public officials

  total $4,042

• 19 · Conferences, conventions and meetings

  total $916,182

• 22 · Depreciation, depletion and amortization

  total $45,320

• 23 · Insurance

  total $47,378

• 24a · Other expenses: UBIT

  total $2,055

• 24b · Other expenses: SUBSCRIPTIONS

  total $59,766

• 24c · Other expenses: BAD DEBT EXPENSE

  total $30,000

• 24d · Other expenses: DUES/ MEMBERSHIPS

  total $22,748

• 24e · All other expenses

  total $40,859

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $725,779 · end of year $548,070

• 2 · Savings and temporary cash investments

  beginning of year $443,072 · end of year $240,111

• 4 · Accounts receivable

  beginning of year $504,411 · end of year $283,943

• 5 · Loans and receivables from officers and key people

  beginning of year $20,000 · end of year $20,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $204,692 · end of year $177,421

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

  $3,951,475

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

  $2,493,634

• 10c · Land, buildings and equipment, net

  beginning of year $1,560,987 · end of year $1,457,841

• 12 · Investments: other securities

  beginning of year $4,666 · end of year $4,666

• 15 · Other assets

  beginning of year $3,251,108 · end of year $4,101,242

• 17 · Accounts payable and accrued expenses

  beginning of year $62,218 · end of year $80,040

• 19 · Deferred revenue

  beginning of year $1,094,099 · end of year $966,836

• 25 · Other liabilities

  beginning of year $498,865 · end of year $517,735

• 27 · Net assets without donor restrictions

  beginning of year $5,059,533 · end of year $5,268,683

The filer's explanations (Part III)

SCHEDULE J, PART III

FORM 990, SCH J: IBAT IS THE COMMON PAYMASTER FOR ITSELF AND ITS RELATED ENTITIES. AMOUNTS LISTED ON FORM 990, PART VII, SECTION A, COLUMN E AND SCHEDULE J, PART II, ROW II REPRESENTS ALLOCATION OF SHARED PAYROLL EXPENSES TO IBAT'S RELATED ENTITIES.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• IBAT SERVICES INC

  C CORP · SERVICES · TX · 100% owned · share of income $615,448 · share of assets $1,212,342 · controlled entity

  Directly controlled by IBAT

• IBAT MARKETING INC

  C CORP · SERVICES · TX · 100% owned · share of income $594,965 · share of assets $324,879 · controlled entity

  Directly controlled by IBAT

• IBAT FINANCIAL SERVICES INC

  C CORP · INSURANCE · TX · 100% owned · share of income $23,431 · share of assets $1,637,315 · controlled entity

  Directly controlled by IBAT

• IBAT BOND TRUST

  TRUST · INSURANCE · TX · 100% owned · share of income $12,683 · share of assets $872,391 · controlled entity

  Directly controlled by IBAT

• IBAT PERFORMANCE

  C CORP · SERVICES · TX · 100% owned · share of income $567,333 · share of assets $241,825 · controlled entity

  Directly controlled by IBAT