Form 990 for tax year 2022

1f · All other contributions, gifts and grants

$2,354,545

1g · Noncash contributions included above

$96,029

3 · Investment income

total $818,134 · related or exempt $818,134

4 · Income from investment of tax-exempt bond proceeds

total $0

5 · Royalties

total $0

6d · Net rental income or loss

total $0

7d · Net gain or loss

total $0

8c · Net income from fundraising events

total $0

9c · Net income from gaming

total $0

10c · Net income from sales of inventory

total $0

11a · Other revenue: State Match Earnings

total $131,608 · related or exempt $131,608

11e · Other revenue, total

$131,608

1 · Grants to domestic organizations and governments

total $0

2 · Grants to domestic individuals

total $0

3 · Grants to foreign organizations and individuals

total $0

4 · Benefits paid to or for members

total $0

5 · Compensation of officers, directors and key employees

total $0

6 · Compensation of disqualified persons

total $0

7 · Other salaries and wages

total $0

8 · Pension plan contributions

total $0

9 · Other employee benefits

total $0

10 · Payroll taxes

total $0

11a · Fees: management

total $0

11b · Fees: legal

total $0

11c · Fees: accounting

total $13,300 · management and general $13,300

11d · Fees: lobbying

total $0

11e · Fees: professional fundraising services

total $0

11f · Fees: investment management

total $0

11g · Fees: other

total $0

12 · Advertising and promotion

total $0

13 · Office expenses

total $417 · program services $417

14 · Information technology

total $0

15 · Royalties

total $0

16 · Occupancy

total $0

17 · Travel

total $48 · program services $48

18 · Travel or entertainment for public officials

total $0

19 · Conferences, conventions and meetings

total $1,934 · program services $1,934

20 · Interest

total $0

21 · Payments to affiliates

total $0

22 · Depreciation, depletion and amortization

total $298,822 · program services $2,684 · management and general $296,138

23 · Insurance

total $0

24a · Other expenses: University Programs/ Support

total $798,242 · program services $798,242

24b · Other expenses: Scholarships

total $377,737 · program services $377,737

24c · Other expenses: Staffing Services

total $259,974 · program services $163,945 · management and general $96,029

24d · Other expenses: Professorships

total $220,689 · program services $220,689

24e · All other expenses

total $43,094 · program services $13,094 · management and general $30,000

1 · Cash, non-interest-bearing

beginning of year $1,850,516 · end of year $1,841,845

2 · Savings and temporary cash investments

end of year $0

3 · Pledges and grants receivable

beginning of year $514,913 · end of year $676,909

4 · Accounts receivable

beginning of year $31,824 · end of year $50,029

5 · Loans and receivables from officers and key people

end of year $0

6 · Loans and receivables from disqualified persons

end of year $0

7 · Other notes and loans receivable

end of year $0

8 · Inventories for sale or use

end of year $0

9 · Prepaid expenses and deferred charges

end of year $0

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

$568,362

10b · Land, buildings and equipment: accumulated depreciation

$20,184

10c · Land, buildings and equipment, net

beginning of year $847,000 · end of year $548,178

11 · Investments: publicly traded securities

beginning of year $27,258,036 · end of year $30,218,494

12 · Investments: other securities

end of year $0

13 · Investments: program-related

end of year $0

14 · Intangible assets

end of year $0

15 · Other assets

beginning of year $696,059 · end of year $363,400

17 · Accounts payable and accrued expenses

beginning of year $102,273 · end of year $105,383

27 · Net assets without donor restrictions

beginning of year $9,872,140 · end of year $10,759,673

28 · Net assets with donor restrictions

beginning of year $21,223,935 · end of year $22,833,799