Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$724,794

1g · Noncash contributions included above

$94,911

2a · Program service revenue: MANAGEMENT FEES

total $276,706 · related or exempt $276,706

2b · Program service revenue: MISCELLANEOUS

total $14,524 · related or exempt $14,524

2c · Program service revenue: CHURCH LOAN INTEREST

total $9,244 · related or exempt $9,244

3 · Investment income

total $705,183 · related or exempt $705,183

7a · Gross sales of assets other than inventory

securities $5,944,716

7b · Less cost or other basis and sales expenses

securities $5,895,918

7c · Gain or loss

securities $48,798

7d · Net gain or loss

total $48,798 · related or exempt $48,798

1 · Grants to domestic organizations and governments

total $959,846 · program services $959,846

2 · Grants to domestic individuals

total $28,617 · program services $28,617

5 · Compensation of officers, directors and key employees

total $305,640 · program services $202,209 · management and general $103,431

7 · Other salaries and wages

total $37,960 · program services $25,114 · management and general $12,846

8 · Pension plan contributions

total $22,782 · program services $13,669 · management and general $9,113

9 · Other employee benefits

total $38,912 · program services $23,347 · management and general $15,565

10 · Payroll taxes

total $25,347 · program services $15,209 · management and general $10,138

11c · Fees: accounting

total $22,555 · management and general $22,555

13 · Office expenses

total $67,027 · program services $15,134 · management and general $51,893

20 · Interest

total $80,444 · program services $80,444

22 · Depreciation, depletion and amortization

total $6,806 · program services $1,537 · management and general $5,269

23 · Insurance

total $5,491 · management and general $5,491

24a · Other expenses: TRUST ACCOUNT DISTRIBUT

total $61,115 · program services $61,115

24b · Other expenses: CHURCH RESOURCING

total $18,180 · program services $18,180

24c · Other expenses: STAFF RESOURCES

total $13,019 · program services $7,200 · management and general $5,819

24d · Other expenses: OTHER PROGRAM

total $7,830 · program services $7,830

24e · All other expenses

total $16,659 · program services $11,895 · management and general $4,764

2 · Savings and temporary cash investments

beginning of year $2,954,158 · end of year $2,845,911

4 · Accounts receivable

beginning of year $1,419 · end of year $405

7 · Other notes and loans receivable

beginning of year $160,599 · end of year $146,142

9 · Prepaid expenses and deferred charges

end of year $37,750

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

$79,822

10b · Land, buildings and equipment: accumulated depreciation

$55,172

10c · Land, buildings and equipment, net

beginning of year $31,456 · end of year $24,650

11 · Investments: publicly traded securities

beginning of year $65,602,185 · end of year $71,912,603

15 · Other assets

beginning of year $116,820 · end of year $82,289

17 · Accounts payable and accrued expenses

beginning of year $39,955 · end of year $48,062

23 · Secured mortgages and notes payable

beginning of year $4,837,126 · end of year $4,026,781

25 · Other liabilities

beginning of year $43,151,386 · end of year $47,745,907

27 · Net assets without donor restrictions

beginning of year $2,375,561 · end of year $2,866,523

28 · Net assets with donor restrictions

beginning of year $18,462,609 · end of year $20,362,477