Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $27,192,369

• 1g · Noncash contributions included above

  $4,531,372

• 2a · Program service revenue: UNDERWRITING INCOME

  total $4,703,549 · related or exempt $4,703,549

• 2b · Program service revenue: UNDERWRITING TRADE INCOME

  total $217,323 · related or exempt $217,323

• 2c · Program service revenue: JOINT VENTURE SUNLIGHT PEAK

  total -$2,873 · related or exempt -$2,873

• 2f · All other program service revenue

  total $149,762 · related or exempt $149,762

• 3 · Investment income

  total $580,078 · excluded $580,078

• 6a · Gross rents

  real property $166,348 · personal property $27,786

• 6b · Less rental expenses

  real property $0 · personal property $0

• 6c · Rental income or loss

  real property $166,348 · personal property $27,786

• 6d · Net rental income or loss

  total $194,134 · unrelated business $27,786 · excluded $166,348

• 7a · Gross sales of assets other than inventory

  securities $6,286,384

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

  securities $6,031,222

• 7c · Gain or loss

  securities $255,162

• 7d · Net gain or loss

  total $255,162 · excluded $255,162

• 10a · Gross sales of inventory

  $14,701

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $14,701 · related or exempt $14,701

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,123,002 · program services $417,430 · management and general $377,916 · fundraising $327,656

• 7 · Other salaries and wages

  total $12,730,005 · program services $9,921,940 · management and general $812,145 · fundraising $1,995,920

• 8 · Pension plan contributions

  total $47,074 · program services $36,690 · management and general $3,003 · fundraising $7,381

• 9 · Other employee benefits

  total $1,271,279 · program services $990,852 · management and general $81,105 · fundraising $199,322

• 10 · Payroll taxes

  total $1,109,113 · program services $864,458 · management and general $70,759 · fundraising $173,896

• 11f · Fees: investment management

  total $55,107 · management and general $55,107

• 11g · Fees: other

  total $2,144,287 · program services $1,723,932 · management and general $296,102 · fundraising $124,253

• 12 · Advertising and promotion

  total $126,345 · program services $52,081 · management and general $394 · fundraising $73,870

• 13 · Office expenses

  total $832,801 · program services $428,545 · management and general $58,224 · fundraising $346,032

• 14 · Information technology

  total $605,295 · program services $366,917 · management and general $12,162 · fundraising $226,216

• 16 · Occupancy

  total $1,810,303 · program services $1,407,694 · management and general $346,797 · fundraising $55,812

• 17 · Travel

  total $224,019 · program services $71,112 · management and general $99,600 · fundraising $53,307

• 20 · Interest

  total $301,113 · program services $291,013 · management and general $4,555 · fundraising $5,545

• 22 · Depreciation, depletion and amortization

  total $732,925 · program services $655,614 · management and general $52,504 · fundraising $24,807

• 23 · Insurance

  total $131,656 · program services $103,456 · management and general $12,718 · fundraising $15,482

• 24a · Other expenses: PROGRAM MATERIALS

  total $2,098,101 · program services $2,098,101

• 24b · Other expenses: BANK FEES

  total $460,296 · program services $68,373 · management and general $6,327 · fundraising $385,596

• 24c · Other expenses: IN-KIND EXPENSES

  total $204,961 · program services $202,839 · management and general $413 · fundraising $1,709

• 24d · Other expenses: REPAIRS AND MAINTENANCE

  total $180,507 · program services $175,752 · management and general $1,572 · fundraising $3,183

• 24e · All other expenses

  total $366,249 · program services $242,672 · management and general $29,205 · fundraising $94,372

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,955,386 · end of year $3,867,506

• 3 · Pledges and grants receivable

  beginning of year $658,780 · end of year $875,113

• 4 · Accounts receivable

  beginning of year $671,350 · end of year $805,605

• 9 · Prepaid expenses and deferred charges

  beginning of year $480,604 · end of year $434,672

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

  $34,028,972

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

  $15,665,861

• 10c · Land, buildings and equipment, net

  beginning of year $16,604,512 · end of year $18,363,111

• 11 · Investments: publicly traded securities

  beginning of year $13,786,951 · end of year $16,133,506

• 14 · Intangible assets

  beginning of year $19,475,804 · end of year $19,475,804

• 15 · Other assets

  beginning of year $3,861,906 · end of year $3,620,432

• 17 · Accounts payable and accrued expenses

  beginning of year $1,957,451 · end of year $1,521,777

• 19 · Deferred revenue

  beginning of year $143,961 · end of year $228,619

• 20 · Tax-exempt bond liabilities

  beginning of year $11,448,520 · end of year $10,623,265

• 24 · Unsecured notes and loans payable

  beginning of year $800,000 · end of year $0

• 25 · Other liabilities

  beginning of year $4,070,955 · end of year $3,951,701

• 27 · Net assets without donor restrictions

  beginning of year $37,001,550 · end of year $42,214,632

• 28 · Net assets with donor restrictions

  beginning of year $3,072,856 · end of year $5,035,755

The filer's explanations (Part III)

PART I, LINE 4A

CYNTHIA RAILSBACK, DIRECTOR OF CORPORATE SUPPORT - SEVERANCE PAYMENT OF $38,485 MADE AS PART OF HER SEVERANCE PACKAGE WHEN HER DEPARTMENT WAS OUTSOURCED AND HER POSITION WAS ELIMINATED.

PART I, LINE 7

THE ORGANIZATION ANNUALLY REVIEWS AND DETERMINES IF ADDITIONAL COMPENSATION, IN THE FORM OF A BONUS, WILL BE APPROVED FOR ITS EMPLOYEES. BONUSES ARE APPROVED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION.