Form 990 for tax year 2022

2a · Program service revenue: CONTRACTOR ASSESSMENTS

total $4,211,933 · related or exempt $4,211,933

2b · Program service revenue: IVY TECH ASSESMENTS

total $401,262 · related or exempt $401,262

3 · Investment income

total $191,690 · excluded $191,690

7a · Gross sales of assets other than inventory

securities $279,413 · other assets $3,200

7b · Less cost or other basis and sales expenses

securities $315,671 · other assets $0

7c · Gain or loss

securities -$36,258 · other assets $3,200

7d · Net gain or loss

total -$33,058 · excluded -$33,058

5 · Compensation of officers, directors and key employees

total $111,750 · program services $94,884 · management and general $16,866

7 · Other salaries and wages

total $788,882 · program services $669,817 · management and general $119,065

8 · Pension plan contributions

total $308,375 · program services $257,230 · management and general $51,145

9 · Other employee benefits

total $204,347 · program services $170,455 · management and general $33,892

10 · Payroll taxes

total $77,598 · program services $65,826 · management and general $11,772

11c · Fees: accounting

total $11,891 · management and general $11,891

11f · Fees: investment management

total $13,953 · management and general $13,953

11g · Fees: other

total $72,406 · program services $72,406

12 · Advertising and promotion

total $97,960 · program services $83,099 · management and general $14,861

13 · Office expenses

total $55,405 · program services $12,039 · management and general $43,366

16 · Occupancy

total $155,533 · program services $101,096 · management and general $54,437

17 · Travel

total $119,254 · program services $114,002 · management and general $5,252

22 · Depreciation, depletion and amortization

total $632,420 · program services $597,576 · management and general $34,844

23 · Insurance

total $90,360 · program services $78,572 · management and general $11,788

24a · Other expenses: EQUIPMENT EXPENSES

total $506,465 · program services $506,465

24b · Other expenses: CLASSROOM AND TRAINING

total $352,173 · program services $352,173

24c · Other expenses: SUPPLIES

total $110,549 · program services $100,440 · management and general $10,109

1 · Cash, non-interest-bearing

beginning of year $1,620,089 · end of year $2,435,645

4 · Accounts receivable

beginning of year $418,383 · end of year $319,805

9 · Prepaid expenses and deferred charges

beginning of year $30,834 · end of year $36,312

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

$12,052,288

10b · Land, buildings and equipment: accumulated depreciation

$6,832,026

10c · Land, buildings and equipment, net

beginning of year $4,991,660 · end of year $5,220,262

11 · Investments: publicly traded securities

beginning of year $4,981,512 · end of year $4,671,717

17 · Accounts payable and accrued expenses

beginning of year $8,568 · end of year $24,243

27 · Net assets without donor restrictions

beginning of year $12,033,910 · end of year $12,659,498