Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,938,900

• 1f · All other contributions, gifts and grants

  $25,408

• 1g · Noncash contributions included above

  $1,938,900

• 3 · Investment income

  total $516,905 · excluded $516,905

• 7a · Gross sales of assets other than inventory

  securities $6,803,068

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

  securities $6,697,592

• 7c · Gain or loss

  securities $105,476

• 7d · Net gain or loss

  total $105,476 · excluded $105,476

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $1,400 · program services $1,400

• 7 · Other salaries and wages

  total $1,700,226 · program services $1,700,226

• 8 · Pension plan contributions

  total $164,470 · program services $164,470

• 9 · Other employee benefits

  total $179,243 · program services $179,243

• 10 · Payroll taxes

  total $117,604 · program services $117,604

• 11b · Fees: legal

  total $39,242 · management and general $39,242

• 11c · Fees: accounting

  total $56,345 · management and general $56,345

• 11g · Fees: other

  total $191,961 · program services $180,961 · management and general $11,000

• 13 · Office expenses

  total $11,211 · program services $5,933 · management and general $5,278

• 14 · Information technology

  total $8,719 · program services $5,698 · management and general $3,021

• 16 · Occupancy

  total $11,992 · program services $8,636 · management and general $3,356

• 17 · Travel

  total $41,029 · program services $41,029

• 19 · Conferences, conventions and meetings

  total $3,124 · program services $1,160 · management and general $1,964

• 22 · Depreciation, depletion and amortization

  total $1,323 · management and general $1,323

• 23 · Insurance

  total $8,007 · management and general $8,007

• 24a · Other expenses: GRANTEE SUPPORT

  total $154,108 · program services $154,108

• 24b · Other expenses: INVESTMENT EXPENSES

  total $47,495 · management and general $47,495

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,689,950 · end of year $1,542,003

• 2 · Savings and temporary cash investments

  beginning of year $2,939,088 · end of year $2,168,675

• 4 · Accounts receivable

  beginning of year $56,894 · end of year $291,631

• 9 · Prepaid expenses and deferred charges

  beginning of year $53,390 · end of year $40,756

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

  $9,400

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

  $3,660

• 10c · Land, buildings and equipment, net

  beginning of year $2,980 · end of year $5,740

• 11 · Investments: publicly traded securities

  beginning of year $26,600,045 · end of year $23,147,774

• 17 · Accounts payable and accrued expenses

  beginning of year $37,288 · end of year $62,321

• 27 · Net assets without donor restrictions

  beginning of year $32,305,059 · end of year $27,134,258

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES. TWO HIGHEST-COMPENSATED EMPLOYEES LISTED IN SCHEDULE J PART II RECEIVED SUCH PAYMENTS DURING 2022.

PART I, LINE 7

THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES.