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← ASSOCIATION FOR EDUCATIONAL DEVELOPMENT

Form 990 for tax year 2023

Filed by ASSOCIATION FOR EDUCATIONAL DEVELOPMENT.

Totals

Total revenue
$1,068,280
Total expenses
$696,967
Contributions and grants received
$372,854
Grants paid
$100,000
Program service revenue
$157,125
Investment income
$529,901
Other revenue
$8,400
Total assets, end of year
$5,615,782
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$5,615,782
Program services expenses (Part IX)
$588,082
Management and general expenses
$84,335
Fundraising expenses
$24,550
Program service expenses (Part III)
$588,082

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $372,854

  • 2a · Program service revenue: ROOM & BOARD FEES

    total $157,125 · related or exempt $157,125

  • 3 · Investment income

    total $1,446 · excluded $1,446

  • 6a · Gross rents

    real property $8,400

  • 6c · Rental income or loss

    real property $8,400

  • 6d · Net rental income or loss

    total $8,400 · excluded $8,400

  • 7a · Gross sales of assets other than inventory

    other assets $528,455

  • 7c · Gain or loss

    other assets $528,455

  • 7d · Net gain or loss

    total $528,455 · excluded $528,455

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 7 · Other salaries and wages

    total $171,648 · program services $145,901 · management and general $17,165 · fundraising $8,582

  • 9 · Other employee benefits

    total $10,560 · program services $8,976 · management and general $1,056 · fundraising $528

  • 10 · Payroll taxes

    total $40,609 · program services $34,518 · management and general $4,061 · fundraising $2,030

  • 11b · Fees: legal

    total $9,627 · management and general $9,627

  • 11c · Fees: accounting

    total $1,179 · management and general $1,179

  • 11g · Fees: other

    total $772 · program services $772

  • 12 · Advertising and promotion

    total $1,036 · program services $518 · management and general $466 · fundraising $52

  • 13 · Office expenses

    total $89 · program services $45 · management and general $40 · fundraising $4

  • 14 · Information technology

    total $5,243 · program services $2,622 · management and general $2,359 · fundraising $262

  • 16 · Occupancy

    total $73,627 · program services $62,583 · management and general $7,363 · fundraising $3,681

  • 17 · Travel

    total $19,522 · program services $8,785 · management and general $8,785 · fundraising $1,952

  • 19 · Conferences, conventions and meetings

    total $13,436 · program services $6,046 · management and general $6,718 · fundraising $672

  • 20 · Interest

    total $161 · program services $137 · management and general $16 · fundraising $8

  • 22 · Depreciation, depletion and amortization

    total $96,451 · program services $81,983 · management and general $9,645 · fundraising $4,823

  • 23 · Insurance

    total $27,140 · program services $23,069 · management and general $2,714 · fundraising $1,357

  • 24a · Other expenses: MISCELLANEOUS

    total $46,055 · program services $46,055

  • 24b · Other expenses: FOOD

    total $41,464 · program services $35,244 · management and general $6,220

  • 24c · Other expenses: TAXES & GOVT FEES

    total $23,852 · program services $23,852

  • 24d · Other expenses: SUPPLIES

    total $11,890 · program services $6,187 · management and general $5,183 · fundraising $520

  • 24e · All other expenses

    total $2,606 · program services $789 · management and general $1,738 · fundraising $79

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $194,184 · end of year $163,510

  • 2 · Savings and temporary cash investments

    beginning of year $118,659 · end of year $100,106

  • 4 · Accounts receivable

    beginning of year $44,541 · end of year $32,719

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

    $6,871,558

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

    $1,552,111

  • 10c · Land, buildings and equipment, net

    beginning of year $4,883,258 · end of year $5,319,447

  • 27 · Net assets without donor restrictions

    beginning of year $5,006,116 · end of year $5,584,080

  • 28 · Net assets with donor restrictions

    beginning of year $234,526 · end of year $31,702

Mission and programs · 2023

Mission

TO PROVIDE COURSES IN ROMAN CATHOLIC DOCTRINE, PHILOSOPHY, THEOLOGY AND ASCETICAL AND ETHICAL FORMATION; TO PROVIDE CARE OF CHAPELS FOR ROMAN CATHOLIC WORSHIP; TO PROVDE YOUTH CAMPS, CLUBS AND SPORTS ACTIVITIES; AND TO ESTABLISH AND CARE FOR FACILITES USED TO CARRY OUT THESE ACTIVITIES AND HOUSE THE STAFF.

  • COURSES IN ROMAN CATHOLIC DOCTRINE, PHILOSOPHY, THEOLOGY AND ASCETICAL AND ETHICAL FORMATION; CARE OF CHAPELS FOR ROMAN CATHOLIC WORSHIP; YOUTH CAMPS, CLUBS AND SPORTS ACTIVITIES. ESTABLISHMENT AND CARE OF FACILITIES TO CARRY OUT THESE ACTIVITES AND HOUSE THE STAFF.

    Expenses $588,082 · Grants $100,000 · Revenue $157,125

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Timothy S Barry

    VP & TREASUR

    Total calculated
    $45,972
    From this org
    $0
    From related orgs
    $6,600
    Other
    $39,372
    Hours/week
    2

  • David M Gallagher

    PRESIDENT

    Total calculated
    $34,680
    From this org
    $0
    From related orgs
    $0
    Other
    $34,680
    Hours/week
    2

  • Gregory G Giebler

    SECRETARY

    Total calculated
    $34,680
    From this org
    $0
    From related orgs
    $0
    Other
    $34,680
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
21 November 2024
IRS schema version
2023v5.0
Source object
202413269349300606

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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