Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $54,000

• 2a · Program service revenue: ANNUAL FEES

  total $7,573,867 · related or exempt $7,573,867

• 2b · Program service revenue: APPLICATION FEES

  total $387,545 · related or exempt $387,545

• 2c · Program service revenue: PROGRAM STATUS EVALS

  total $5,900 · related or exempt $5,900

• 2d · Program service revenue: SALES

  total $2,400 · related or exempt $2,400

• 2e · Program service revenue: MEMBER DUES

  total $500 · related or exempt $500

• 3 · Investment income

  total $398,835 · excluded $398,835

• 7a · Gross sales of assets other than inventory

  securities $10,708,925

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

  securities $10,518,529

• 7c · Gain or loss

  securities $190,396

• 7d · Net gain or loss

  total $190,396 · excluded $190,396

Functional expenses

Part IX, the statement of functional expenses.

• 3 · Grants to foreign organizations and individuals

  total $82,504 · program services $82,504

• 5 · Compensation of officers, directors and key employees

  total $1,555,923 · program services $1,096,556 · management and general $459,367

• 7 · Other salaries and wages

  total $1,403,331 · program services $963,991 · management and general $439,340

• 8 · Pension plan contributions

  total $84,310 · program services $65,511 · management and general $18,799

• 9 · Other employee benefits

  total $402,782 · program services $312,969 · management and general $89,813

• 10 · Payroll taxes

  total $153,716 · program services $106,068 · management and general $47,648

• 11b · Fees: legal

  total $59,438 · management and general $59,438

• 11c · Fees: accounting

  total $24,729 · management and general $24,729

• 11f · Fees: investment management

  total $41,104 · management and general $41,104

• 11g · Fees: other

  total $1,454,507 · program services $1,213,808 · management and general $240,699

• 12 · Advertising and promotion

  total $66,654 · program services $5,650 · management and general $61,004

• 13 · Office expenses

  total $176,704 · program services $100,885 · management and general $75,819

• 14 · Information technology

  total $50,421 · program services $19,534 · management and general $30,887

• 16 · Occupancy

  total $196,859 · program services $119,472 · management and general $77,387

• 17 · Travel

  total $1,874,726 · program services $1,675,313 · management and general $199,413

• 19 · Conferences, conventions and meetings

  total $64,412 · program services $57,561 · management and general $6,851

• 20 · Interest

  total $19,586 · program services $15,042 · management and general $4,544

• 22 · Depreciation, depletion and amortization

  total $174,363 · program services $139,490 · management and general $34,873

• 23 · Insurance

  total $36,120 · management and general $36,120

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $35,808 · management and general $35,808

• 24b · Other expenses: PLAQUES AND TROPHIES

  total $9,139 · program services $9,139

• 24c · Other expenses: BAD DEBT EXPENSE

  total $1,011 · management and general $1,011

• 24d · Other expenses: MISCELLANEOUS

  total $915 · management and general $915

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $278,587 · end of year $240,356

• 2 · Savings and temporary cash investments

  beginning of year $11,917,872 · end of year $9,000,653

• 4 · Accounts receivable

  beginning of year $231,203 · end of year $178,142

• 8 · Inventories for sale or use

  beginning of year $7,306 · end of year $3,538

• 9 · Prepaid expenses and deferred charges

  beginning of year $157,832 · end of year $172,076

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

  $4,164,149

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

  $1,273,865

• 10c · Land, buildings and equipment, net

  beginning of year $3,077,675 · end of year $2,890,284

• 11 · Investments: publicly traded securities

  end of year $4,000,772

• 15 · Other assets

  beginning of year $355,818 · end of year $457,603

• 17 · Accounts payable and accrued expenses

  beginning of year $863,738 · end of year $891,362

• 18 · Grants payable

  end of year $2,500

• 19 · Deferred revenue

  beginning of year $96,501 · end of year $102,080

• 23 · Secured mortgages and notes payable

  beginning of year $504,419 · end of year $351,559

• 25 · Other liabilities

  beginning of year $409,693 · end of year $460,790

• 27 · Net assets without donor restrictions

  beginning of year $14,151,942 · end of year $15,135,133

The filer's explanations (Part III)

PART I, LINE 7

BONUSES FOR EMPLOYEES ARE DETERMINED AND DECIDED BY THE CEO AND ARE BASED ON MERIT. BONUSES FOR THE CEO ARE DETERMINED AND DECIDED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND IS BASED ON MERIT.