Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $70,783

• 1f · All other contributions, gifts and grants

  $480,266

• 3 · Investment income

  total $222,074 · excluded $222,074

• 7a · Gross sales of assets other than inventory

  securities $3,170,247

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

  securities $2,767,661

• 7c · Gain or loss

  securities $402,586

• 7d · Net gain or loss

  total $402,586 · excluded $402,586

• 8a · Fundraising events: gross income

  $91,562

• 8a · Fundraising events: contributions included on line 1c

  $70,783

• 8b · Fundraising events: direct expenses

  $61,895

• 8c · Net income from fundraising events

  total $29,667 · excluded $29,667

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,157,064 · program services $1,157,064

• 5 · Compensation of officers, directors and key employees

  total $163,266 · program services $16,327 · management and general $32,653 · fundraising $114,286

• 7 · Other salaries and wages

  total $128,184 · management and general $51,649 · fundraising $76,535

• 9 · Other employee benefits

  total $28,212 · management and general $10,892 · fundraising $17,320

• 10 · Payroll taxes

  total $9,798 · management and general $3,951 · fundraising $5,847

• 11c · Fees: accounting

  total $13,900 · management and general $13,900

• 11f · Fees: investment management

  total $86,919 · management and general $86,919

• 11g · Fees: other

  total $3,356 · management and general $3,356

• 12 · Advertising and promotion

  total $1,432 · fundraising $1,432

• 13 · Office expenses

  total $146 · management and general $146

• 22 · Depreciation, depletion and amortization

  total $141 · management and general $141

• 24a · Other expenses: BAD DEBTS

  total $125,509 · management and general $125,509

• 24b · Other expenses: DIRECT MAIL

  total $23,605 · fundraising $23,605

• 24c · Other expenses: DONOR RELATIONS

  total $9,281 · fundraising $9,281

• 24d · Other expenses: CONTRACTUAL

  total $8,263 · management and general $8,263

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $606,983 · end of year $1,160,745

• 2 · Savings and temporary cash investments

  beginning of year $33,997 · end of year $34,031

• 3 · Pledges and grants receivable

  beginning of year $371,891 · end of year $183,822

• 9 · Prepaid expenses and deferred charges

  beginning of year $218 · end of year $6,099

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

  $71,378

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

  $71,331

• 10c · Land, buildings and equipment, net

  beginning of year $188 · end of year $47

• 11 · Investments: publicly traded securities

  beginning of year $10,182,174 · end of year $10,452,019

• 15 · Other assets

  beginning of year $5,320 · end of year $1,112

• 19 · Deferred revenue

  end of year $375,000

• 25 · Other liabilities

  beginning of year $1,081,337 · end of year $663,570

• 27 · Net assets without donor restrictions

  beginning of year $5,490,426 · end of year $6,677,303

• 28 · Net assets with donor restrictions

  beginning of year $4,629,008 · end of year $4,122,002

The filer's explanations (Part III)

PART I, LINE 4A

SEVERANCE PAYMENTS WERE MADE TO: MARK SULLIVAN $330,113

PART II COLUMN C:

THE CHANGE IN PRESENT VALUE SHOWN FOR EACH PARTICIPANT REPRESENTS THE CHANGE IN THE ACTUARIAL VALUE OF THE ACCRUED BENEFIT, WHETHER OR NOT FUNDED, VESTED OR SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. NOTE THAT THE CHANGE IN PRESENT VALUE IS PARTLY DUE TO CHANGES IN THE DISCOUNT RATE AND, FOR THOSE ACCRUING UNDER THE CASH BALANCE FORMULA, THE ASSUMPTIONS FOR FUTURE CASH BALANCE INTEREST CREDITING RATES AND FACTORS APPLICABLE TO ANNUITY CONVERSIONS.