Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $185,479

• 1e · Government grants (contributions)

  $1,655,303

• 1g · Noncash contributions included above

  $8,000

• 3 · Investment income

  total $44,930 · excluded $44,930

• 8a · Fundraising events: gross income

  $44,961

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

  $185,479

• 8b · Fundraising events: direct expenses

  $88,604

• 8c · Net income from fundraising events

  total -$43,643 · excluded -$43,643

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $185,387 · program services $109,153 · management and general $53,042 · fundraising $23,192

• 7 · Other salaries and wages

  total $372,992 · program services $219,612 · management and general $106,718 · fundraising $46,662

• 9 · Other employee benefits

  total $103,473 · program services $60,923 · management and general $29,605 · fundraising $12,945

• 11c · Fees: accounting

  total $12,672 · management and general $12,672

• 11g · Fees: other

  total $406,905 · program services $335,823 · management and general $57,404 · fundraising $13,678

• 12 · Advertising and promotion

  total $279,931 · program services $150,066 · fundraising $129,865

• 13 · Office expenses

  total $217,703 · program services $178,940 · management and general $22,515 · fundraising $16,248

• 16 · Occupancy

  total $88,573 · program services $71,003 · management and general $14,030 · fundraising $3,540

• 17 · Travel

  total $34,803 · program services $34,803

• 19 · Conferences, conventions and meetings

  total $3,827 · program services $3,827

• 24a · Other expenses: EQUIPMENT MAINTENANCE

  total $6,116 · program services $612 · fundraising $5,504

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $910,059 · end of year $897,862

• 2 · Savings and temporary cash investments

  beginning of year $548,613 · end of year $577,361

• 4 · Accounts receivable

  beginning of year $5,940 · end of year $172,818

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $10,000

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

  $115,026

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

  $115,026

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $71,872 · end of year $86,450

• 25 · Other liabilities

  beginning of year $28,141 · end of year $77,305

• 27 · Net assets without donor restrictions

  beginning of year $1,364,599 · end of year $1,494,286

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION REPORTED IS COMPENSATION FROM A RELATED ORGANIZATION. THEIR PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: THE PRESIDENT OF THE ORGANIZATION IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES. THE PRESIDENT SETS ANNUAL GOALS FOR EACH INDIVIDUAL. EACH OF THESE INDIVIDUALS' GOALS ARE THEN RATED IN ITS IMPORTANCE TOWARD THE ORGANIZATION'S PURPOSE. COMPENSATION IS DETERMINED ON HOW WELL THE INDIVIDUAL COMPLETED EACH ASSIGNED GOAL. THIS PROCESS IS PERFORMED ANNUALLY. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT. THE COMMITTEE USES COMPARABILITY DATA FROM OTHER SIMILARLY SIZED BETTER BUSINESS BUREAU'S FORMS 990, AND PRODUCES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND THE DECISION. THE LAST REVIEW WAS PREPARED IN AUGUST 2023.