Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $489,815

• 1e · Government grants (contributions)

  $1,980,730

• 1f · All other contributions, gifts and grants

  $16,211,366

• 1g · Noncash contributions included above

  $2,498,847

• 2a · Program service revenue: TRANSITIONAL HOUSING RENTAL FEES

  total $401,147 · related or exempt $401,147

• 2b · Program service revenue: PROGRAM- RENT REVENUE

  total $116,981 · related or exempt $116,981

• 2c · Program service revenue: DENTAL REIMBURSEMENT FEES

  total $5,330 · related or exempt $5,330

• 3 · Investment income

  total $80,684 · excluded $80,684

• 7a · Gross sales of assets other than inventory

  other assets $273,706

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

  other assets $175,829

• 7c · Gain or loss

  other assets $97,877

• 7d · Net gain or loss

  total $97,877 · related or exempt $97,877

• 8a · Fundraising events: gross income

  $59,868

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

  $489,815

• 8b · Fundraising events: direct expenses

  $153,142

• 8c · Net income from fundraising events

  total -$93,274 · excluded -$93,274

• 10a · Gross sales of inventory

  $3,706,151

• 10b · Cost of goods sold

  $187,260

• 10c · Net income from sales of inventory

  total $3,518,891 · related or exempt $3,518,891

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $82,987 · related or exempt $82,987

• 11e · Other revenue, total

  $82,987

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,498,847 · program services $2,498,847

• 5 · Compensation of officers, directors and key employees

  total $426,098 · program services $95,318 · management and general $111,492 · fundraising $219,288

• 7 · Other salaries and wages

  total $7,582,286 · program services $5,589,610 · management and general $1,597,116 · fundraising $395,560

• 9 · Other employee benefits

  total $1,236,418 · program services $846,474 · management and general $317,597 · fundraising $72,347

• 10 · Payroll taxes

  total $614,788 · program services $446,491 · management and general $125,674 · fundraising $42,623

• 11g · Fees: other

  total $3,178,811 · program services $1,701,176 · management and general $963,287 · fundraising $514,348

• 12 · Advertising and promotion

  total $191,279 · program services $79,453 · management and general $111,164 · fundraising $662

• 13 · Office expenses

  total $377,052 · program services $259,157 · management and general $47,185 · fundraising $70,710

• 16 · Occupancy

  total $746,259 · program services $726,668 · management and general $16,128 · fundraising $3,463

• 17 · Travel

  total $48,176 · program services $33,217 · management and general $12,279 · fundraising $2,680

• 22 · Depreciation, depletion and amortization

  total $367,907 · program services $346,015 · management and general $19,366 · fundraising $2,526

• 23 · Insurance

  total $128,202 · program services $22,954 · management and general $105,248

• 24a · Other expenses: LEASE EXPENSE

  total $924,794 · program services $924,794

• 24b · Other expenses: PRINTING AND POSTAGE

  total $464,296 · program services $14,361 · management and general $15,925 · fundraising $434,010

• 24c · Other expenses: EQUIPMENT AND FURNITURE

  total $347,368 · program services $324,473 · management and general $22,371 · fundraising $524

• 24d · Other expenses: FOOD

  total $205,141 · program services $204,982 · management and general $159

• 24e · All other expenses

  total $580,774 · program services $467,731 · management and general $86,628 · fundraising $26,415

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,424,881 · end of year $1,547,759

• 2 · Savings and temporary cash investments

  beginning of year $2,072,711 · end of year $2,074,102

• 3 · Pledges and grants receivable

  beginning of year $2,142,886 · end of year $1,320,656

• 4 · Accounts receivable

  beginning of year $1,077,902 · end of year $3,518,869

• 7 · Other notes and loans receivable

  end of year $16,867,500

• 8 · Inventories for sale or use

  beginning of year $1,500 · end of year $1,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $74,222 · end of year $112,948

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

  $7,378,736

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

  $2,567,066

• 10c · Land, buildings and equipment, net

  beginning of year $16,113,507 · end of year $4,811,670

• 11 · Investments: publicly traded securities

  beginning of year $1,783,609 · end of year $701,332

• 15 · Other assets

  beginning of year $0 · end of year $14,763,315

• 17 · Accounts payable and accrued expenses

  beginning of year $2,930,519 · end of year $2,406,544

• 19 · Deferred revenue

  beginning of year $44,000 · end of year $15,200

• 21 · Escrow or custodial account liability

  beginning of year $12,886 · end of year $43,395

• 23 · Secured mortgages and notes payable

  beginning of year $42,493

• 25 · Other liabilities

  beginning of year $0 · end of year $16,838,810

• 27 · Net assets without donor restrictions

  beginning of year $14,677,783 · end of year $22,902,954

• 28 · Net assets with donor restrictions

  beginning of year $10,983,537 · end of year $3,512,748

The filer's explanations (Part III)

PART I, LINE 3

COMPARATIVE DATA OBTAINED FROM ECFA, AGRM, AND WEST MI NON PROFIT STUDY FROM DORTHY A. JOHNSON CENTER AT GRAND VALLEY STATE UNIVERSITY AND WAS PROVIDED TO BOARD CHAIRMAN AND HR DIRECTOR IN ESTABLISHING COMPETITIVE COMPENSATION AND BENEFITS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MEL TROTTER MISSION THRIFT LLC

  OPERATE THRIFT STORES FOR MEL TROTTER MINISTRIES · MI

  Directly controlled by MEL TROTTER MINISTRIES