Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $15,889,572

• 2a · Program service revenue: CONTRACT REVENUE

  total $3,049,963 · related or exempt $3,049,963

• 3 · Investment income

  total $751,103 · excluded $751,103

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $674,400 · program services $674,400

• 5 · Compensation of officers, directors and key employees

  total $1,020,577 · program services $767,092 · management and general $253,485

• 7 · Other salaries and wages

  total $7,603,958 · program services $5,698,908 · management and general $1,905,050

• 8 · Pension plan contributions

  total $578,447 · program services $442,261 · management and general $136,186

• 9 · Other employee benefits

  total $2,920,283 · program services $2,232,750 · management and general $687,533

• 10 · Payroll taxes

  total $523,132 · program services $399,969 · management and general $123,163

• 11b · Fees: legal

  total $8,014 · program services $8,014

• 11c · Fees: accounting

  total $64,777 · management and general $64,777

• 11f · Fees: investment management

  total $17,603 · management and general $17,603

• 11g · Fees: other

  total $2,234,893 · program services $1,932,042 · management and general $302,851

• 12 · Advertising and promotion

  total $12,701 · management and general $12,701

• 13 · Office expenses

  total $228,970 · program services $134,628 · management and general $94,342

• 16 · Occupancy

  total $474,604 · program services $268,150 · management and general $206,454

• 17 · Travel

  total $389,937 · program services $367,734 · management and general $22,203

• 19 · Conferences, conventions and meetings

  total $61,120 · program services $49,817 · management and general $11,303

• 22 · Depreciation, depletion and amortization

  total $1,054 · management and general $1,054

• 23 · Insurance

  total $110,670 · program services $10,995 · management and general $99,675

• 24a · Other expenses: LICENSES, FEES AND DUES

  total $474,399 · program services $82,437 · management and general $391,962

• 24b · Other expenses: RECRUITMENT

  total $39,980 · program services $5,022 · management and general $34,958

• 24c · Other expenses: SUBSCRIPTIONS

  total $20,917 · program services $235 · management and general $20,682

• 24d · Other expenses: CONTRACT LOSS RESERVE

  total $8,000 · program services $8,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,941,031 · end of year $13,822,127

• 2 · Savings and temporary cash investments

  beginning of year $56,859

• 4 · Accounts receivable

  beginning of year $1,643,048 · end of year $2,094,040

• 9 · Prepaid expenses and deferred charges

  beginning of year $31,412 · end of year $28,633

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

  $67,995

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

  $66,083

• 10c · Land, buildings and equipment, net

  beginning of year $2,966 · end of year $1,912

• 11 · Investments: publicly traded securities

  beginning of year $7,507,017 · end of year $8,215,263

• 15 · Other assets

  beginning of year $660,045 · end of year $486,994

• 17 · Accounts payable and accrued expenses

  beginning of year $1,069,304 · end of year $1,604,405

• 19 · Deferred revenue

  beginning of year $740,849 · end of year $388,030

• 25 · Other liabilities

  beginning of year $621,044 · end of year $577,249

• 27 · Net assets without donor restrictions

  beginning of year $19,411,181 · end of year $22,079,285

The filer's explanations (Part III)

PART I, LINE 4B

CEO, RON FORSYTHE, PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS INTO THE PLAN DURING 2023 AND $20,371 VESTED AND WAS PAID DURING 2023.

PART I, LINE 7

THE ORGANIZATION PAID DISCRETIONARY BONUSES IN 2023.

Related corporations and trusts

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

• QLARANT COMMERCIAL SOLUTIONS INC

  C · PATIENT SAFETY PRODUCTS & SERVICES · MD