Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,958,443

• 1d · Related organizations

  $1,240,137

• 1f · All other contributions, gifts and grants

  $6,109,412

• 1g · Noncash contributions included above

  $1,060,475

• 3 · Investment income

  total $471,959 · excluded $471,959

• 8a · Fundraising events: gross income

  $74,000

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

  $1,958,443

• 8b · Fundraising events: direct expenses

  $733,344

• 8c · Net income from fundraising events

  total -$659,344 · excluded -$659,344

• 11a · Other revenue: MBEF ENDOWMENT FUND MANAGEMENT FE

  total $65,000 · excluded $65,000

• 11b · Other revenue: CREDIT CARD REWARDS

  total $2,192 · excluded $2,192

• 11e · Other revenue, total

  $67,192

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,392,320 · program services $8,392,320

• 5 · Compensation of officers, directors and key employees

  total $160,681 · program services $48,204 · management and general $32,136 · fundraising $80,341

• 7 · Other salaries and wages

  total $390,858 · program services $68,247 · management and general $100,292 · fundraising $222,319

• 10 · Payroll taxes

  total $43,249 · program services $8,954 · management and general $11,021 · fundraising $23,274

• 11c · Fees: accounting

  total $42,105 · management and general $42,105

• 11g · Fees: other

  total $42,660 · program services $673 · management and general $3,584 · fundraising $38,403

• 13 · Office expenses

  total $158,914 · management and general $36,470 · fundraising $122,444

• 14 · Information technology

  total $25,440 · program services $1,988 · management and general $2,905 · fundraising $20,547

• 22 · Depreciation, depletion and amortization

  total $3,526 · management and general $3,526

• 23 · Insurance

  total $18,127 · management and general $18,127

• 24a · Other expenses: COMMUNITY RELATIONS

  total $74,148 · management and general $12,477 · fundraising $61,671

• 24b · Other expenses: IN-KIND CONTRIBUTIONS

  total $25,287 · fundraising $25,287

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $708,526 · end of year $810,291

• 2 · Savings and temporary cash investments

  beginning of year $74,946 · end of year $1,972,069

• 3 · Pledges and grants receivable

  beginning of year $476,504 · end of year $227,115

• 4 · Accounts receivable

  beginning of year $182,542 · end of year $32,185

• 9 · Prepaid expenses and deferred charges

  beginning of year $26,545 · end of year $27,732

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

  $40,388

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

  $33,908

• 10c · Land, buildings and equipment, net

  beginning of year $3,955 · end of year $6,480

• 11 · Investments: publicly traded securities

  beginning of year $9,028,421 · end of year $6,638,164

• 15 · Other assets

  beginning of year $65,000 · end of year $65,000

• 17 · Accounts payable and accrued expenses

  beginning of year $56,950 · end of year $29,426

• 18 · Grants payable

  beginning of year $1,282,512 · end of year $738,606

• 25 · Other liabilities

  beginning of year $1,128,664 · end of year $1,084,367

• 27 · Net assets without donor restrictions

  beginning of year $7,357,133 · end of year $7,236,020

• 28 · Net assets with donor restrictions

  beginning of year $741,180 · end of year $690,617

The filer's explanations (Part III)

PART I, LINE 4A

DAVID BRENNAN - $44,347