Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $999,069

• 1f · All other contributions, gifts and grants

  $5,437,911

• 2a · Program service revenue: TRAINING AND EDUCATIONAL MATERIAL

  total $9,097,709 · related or exempt $9,097,709

• 3 · Investment income

  total $334,452 · excluded $334,452

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,821,357 · program services $1,556,537 · management and general $215,305 · fundraising $49,515

• 7 · Other salaries and wages

  total $12,196,958 · program services $10,423,577 · management and general $1,441,804 · fundraising $331,577

• 8 · Pension plan contributions

  total $140,503 · program services $120,074 · management and general $16,608 · fundraising $3,821

• 9 · Other employee benefits

  total $1,137,680 · program services $972,270 · management and general $134,484 · fundraising $30,926

• 10 · Payroll taxes

  total $1,052,458 · program services $899,436 · management and general $124,411 · fundraising $28,611

• 11g · Fees: other

  total $1,915,495 · program services $1,671,307 · management and general $218,606 · fundraising $25,582

• 12 · Advertising and promotion

  total $13,795 · program services $13,795

• 13 · Office expenses

  total $135,621 · program services $100,469 · management and general $31,824 · fundraising $3,328

• 14 · Information technology

  total $1,476,917 · program services $1,410,607 · management and general $47,545 · fundraising $18,765

• 16 · Occupancy

  total $245,177 · program services $208,322 · management and general $30,389 · fundraising $6,466

• 17 · Travel

  total $150,586 · program services $113,568 · management and general $24,919 · fundraising $12,099

• 19 · Conferences, conventions and meetings

  total $217,319 · program services $124,135 · management and general $82,652 · fundraising $10,532

• 23 · Insurance

  total $69,942 · program services $59,723 · management and general $8,371 · fundraising $1,848

• 24a · Other expenses: MEALS AND ENTERTAINMENT

  total $10,774 · program services $6,089 · management and general $4,685

• 24e · All other expenses

  total $42,646 · program services $22,434 · management and general $19,658 · fundraising $554

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,096,402 · end of year $1,007,193

• 3 · Pledges and grants receivable

  beginning of year $913,933 · end of year $924,082

• 4 · Accounts receivable

  beginning of year $1,893,489 · end of year $1,163,331

• 9 · Prepaid expenses and deferred charges

  beginning of year $384,317 · end of year $364,241

• 11 · Investments: publicly traded securities

  beginning of year $8,326,066 · end of year $7,732,635

• 14 · Intangible assets

  beginning of year $487,859

• 15 · Other assets

  beginning of year $23,338 · end of year $678,674

• 17 · Accounts payable and accrued expenses

  beginning of year $999,187 · end of year $1,011,844

• 19 · Deferred revenue

  beginning of year $7,170,815 · end of year $10,886,483

• 25 · Other liabilities

  beginning of year $508,275 · end of year $282,789

• 27 · Net assets without donor restrictions

  beginning of year $1,570,846 · end of year -$2,656,702

• 28 · Net assets with donor restrictions

  beginning of year $2,876,281 · end of year $2,345,742

The filer's explanations (Part III)

PART I, LINE 5

DURING 2024, THE CEO WAS AWARDED A BONUS THAT WAS AWARDED BASED ON VARIOUS CRITERIA, ONE OF WHICH WAS THE REVENUE OF THE ORGANIZATION. EACH CRITERIA INCLUDED A TARGET THAT WOULD TRIGGER 100% OF ITS PORTION OF THE BONUS AND A STRETCH TARGET THAT WOULD TRIGGER 120% OF ITS PORTION OF THE BONUS IF ACHIEVED. THE BOARD REVIEWED AND APPROVED THIS BONUS STRUCTURE AND THE TARGET ASSIGNED FOR EACH GOAL.

PART I, LINE 7

BONUSES WERE AWARDED TO CERTAIN INDIVIDUALS BASED ON PERFORMANCE TARGETS SET BY THE BOARD OF DIRECTORS.