Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $38,919

• 1f · All other contributions, gifts and grants

  $10,487,281

• 1g · Noncash contributions included above

  $249,227

• 2a · Program service revenue: University Programs

  total $780,788 · related or exempt $780,788

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $3,469,101 · unrelated business -$66,912 · excluded $3,536,013

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $15,621,938

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

  securities $15,005,867

• 7c · Gain or loss

  securities $616,071 · other assets $0

• 7d · Net gain or loss

  total $616,071 · excluded $616,071

• 8a · Fundraising events: gross income

  $49,556

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

  $38,919

• 8b · Fundraising events: direct expenses

  $35,594

• 8c · Net income from fundraising events

  total $13,962 · excluded $13,962

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,655,344 · program services $4,655,344

• 2 · Grants to domestic individuals

  total $271,169 · program services $271,169

• 7 · Other salaries and wages

  total $757,786 · program services $748,467 · management and general $761 · fundraising $8,558

• 9 · Other employee benefits

  total $169,429 · program services $168,676 · management and general $753

• 11c · Fees: accounting

  total $450,000 · management and general $450,000

• 11f · Fees: investment management

  total $191,401 · management and general $191,401

• 11g · Fees: other

  total $351,467 · program services $160,520 · management and general $0 · fundraising $190,947

• 12 · Advertising and promotion

  total $24,994 · program services $19,994 · fundraising $5,000

• 13 · Office expenses

  total $582,402 · program services $434,280 · management and general $53,605 · fundraising $94,517

• 14 · Information technology

  total $166,405 · program services $109,866 · management and general $6,856 · fundraising $49,683

• 16 · Occupancy

  total $67,359 · program services $67,251 · management and general $108

• 17 · Travel

  total $467,377 · program services $277,567 · fundraising $189,810

• 19 · Conferences, conventions and meetings

  total $8,173 · program services $8,173

• 22 · Depreciation, depletion and amortization

  total $10,164 · program services $10,164

• 23 · Insurance

  total $18,524 · program services $965 · management and general $17,559

• 24a · Other expenses: Public relations and development

  total $1,069,490 · program services $828,714 · fundraising $240,776

• 24b · Other expenses: Uniforms and Clothing

  total $128,982 · program services $128,205 · fundraising $777

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $949,651 · end of year $912,381

• 2 · Savings and temporary cash investments

  beginning of year $1,282,741 · end of year $1,092,296

• 3 · Pledges and grants receivable

  beginning of year $5,264,860 · end of year $5,264,833

• 4 · Accounts receivable

  beginning of year $242,416 · end of year $291,875

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

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

  $4,551,718

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

  $1,349,453

• 10c · Land, buildings and equipment, net

  beginning of year $3,212,430 · end of year $3,202,265

• 11 · Investments: publicly traded securities

  beginning of year $81,042,220 · end of year $91,521,195

• 12 · Investments: other securities

  beginning of year $34,589,205 · end of year $37,682,989

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $1,124,687 · end of year $1,219,695

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $3,570,426 · end of year $3,747,763

• 27 · Net assets without donor restrictions

  beginning of year $16,267,041 · end of year $18,518,947

• 28 · Net assets with donor restrictions

  beginning of year $105,621,369 · end of year $116,481,429

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

PRESIDENT PEREZ's SPOUSE OCCASIONALLY TRAVELS WITH THE PRESIDENT FOR BUSINESS PURPOSES. THIS AMOUNT IS NOT INCLUDED IN TAXABLE INCOME.

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

President Perez received a housing allowance. This amount was treated as taxable compensation.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Charitable remainder trusts (11)

  Trust · Charitable trust · CA · 100% owned · controlled entity

  Directly controlled by NA