Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $18,690

• 1f · All other contributions, gifts and grants

  $311,463

• 3 · Investment income

  total $128,734 · excluded $128,734

• 7a · Gross sales of assets other than inventory

  securities $1,829,729

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

  securities $1,630,400

• 7c · Gain or loss

  securities $199,329

• 7d · Net gain or loss

  total $199,329 · excluded $199,329

• 8a · Fundraising events: gross income

  $0

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

  $18,690

• 8b · Fundraising events: direct expenses

  $7,445

• 8c · Net income from fundraising events

  total -$7,445 · excluded -$7,445

• 10a · Gross sales of inventory

  $157,738

• 10b · Cost of goods sold

  $49,912

• 10c · Net income from sales of inventory

  total $107,826 · related or exempt $107,826

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $587,789 · program services $587,789

• 5 · Compensation of officers, directors and key employees

  total $27,577 · management and general $27,577

• 7 · Other salaries and wages

  total $208,207 · management and general $208,207

• 8 · Pension plan contributions

  total $22,810 · management and general $22,810

• 9 · Other employee benefits

  total $7,745 · management and general $7,745

• 10 · Payroll taxes

  total $42,684 · management and general $42,684

• 11b · Fees: legal

  total $4,800 · management and general $4,800

• 11c · Fees: accounting

  total $45,012 · management and general $45,012

• 11f · Fees: investment management

  total $31,391 · management and general $31,391

• 11g · Fees: other

  total $5,000 · management and general $5,000

• 13 · Office expenses

  total $23,984 · management and general $23,984

• 16 · Occupancy

  total $33,100 · management and general $33,100

• 17 · Travel

  total $7,487 · management and general $7,487

• 24a · Other expenses: BAD DEBT EXPENSE

  total $14,240 · management and general $14,240

• 24b · Other expenses: GRANT PROGRAM OPERATING

  total $13,277 · program services $13,277

• 24c · Other expenses: FUNDRAISING EXPENSES

  total $9,332 · fundraising $9,332

• 24d · Other expenses: FILING FEES

  total $5,224 · management and general $5,224

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $14,732 · end of year $15,314

• 2 · Savings and temporary cash investments

  beginning of year $24,805 · end of year $50,646

• 3 · Pledges and grants receivable

  beginning of year $36,648 · end of year $21,568

• 8 · Inventories for sale or use

  beginning of year $11,991 · end of year $11,991

• 9 · Prepaid expenses and deferred charges

  beginning of year $48,117 · end of year $54,621

• 11 · Investments: publicly traded securities

  beginning of year $4,047,773 · end of year $4,694,041

• 12 · Investments: other securities

  beginning of year $458,574

• 15 · Other assets

  beginning of year $786,920 · end of year $572,338

• 17 · Accounts payable and accrued expenses

  beginning of year $25,607 · end of year $139,507

• 19 · Deferred revenue

  end of year $28,880

• 27 · Net assets without donor restrictions

  beginning of year $1,170,873 · end of year $1,026,258

• 28 · Net assets with donor restrictions

  beginning of year $4,233,080 · end of year $4,225,874

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR'S ANNUAL REVIEW AND COMPENSATION DETERMINATION ARE REVIEWED BY THE BOARD OF DIRECTORS OF THE RELATED ENTITY - NATIONAL STUDENT NURSES' ASSOCIATION (NSNA). THE PRESIDENT OF THE FOUNDATION FOR NATIONAL STUDENT NURSES' ASSOCIATION PARTICIPATES IN THE ANNUAL REVIEW. THE NSNA UTILIZES PUBLISHED NON-PROFIT ORGANIZATION COMPENSATION STUDIES TO DETERMINE COMPENSATION.