Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $3,749,943

• 1f · All other contributions, gifts and grants

  $3,000

• 2a · Program service revenue: GRANTS & CONTRACTS

  total $212,657 · related or exempt $212,657

• 2b · Program service revenue: OTHER ENDOWMENT AND EV

  total $125,588 · related or exempt $125,588

• 3 · Investment income

  total $154,608 · excluded $154,608

• 7a · Gross sales of assets other than inventory

  securities $792,540

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

  securities $680,441

• 7c · Gain or loss

  securities $112,099

• 7d · Net gain or loss

  total $112,099 · excluded $112,099

• 10a · Gross sales of inventory

  $90,872

• 10b · Cost of goods sold

  $15,023

• 10c · Net income from sales of inventory

  total $75,849 · excluded $75,849

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $494 · excluded $494

• 11e · Other revenue, total

  $494

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $544,120 · program services $270,749 · management and general $273,371

• 7 · Other salaries and wages

  total $963,561 · program services $393,725 · management and general $569,836

• 8 · Pension plan contributions

  total $90,790 · management and general $90,790

• 9 · Other employee benefits

  total $97,044 · program services $4,800 · management and general $92,244

• 10 · Payroll taxes

  total $79,302 · management and general $79,302

• 11c · Fees: accounting

  total $50,772 · management and general $50,772

• 11f · Fees: investment management

  total $42,927 · program services $42,927

• 11g · Fees: other

  total $1,912,888 · program services $1,912,888

• 13 · Office expenses

  total $182,551 · program services $111,481 · management and general $71,070

• 14 · Information technology

  total $53,288 · management and general $53,288

• 16 · Occupancy

  total $173,470 · management and general $173,470

• 17 · Travel

  total $170,612 · program services $132,463 · management and general $38,149

• 22 · Depreciation, depletion and amortization

  total $7,878 · management and general $7,878

• 23 · Insurance

  total $30,701 · program services $25,035 · management and general $5,666

• 24a · Other expenses: BOARD OF DIRECTORS EXP

  total $71,503 · program services $5,598 · management and general $65,905

• 24b · Other expenses: PROFESSIONAL DEVELOP

  total $6,890 · management and general $6,890

• 24c · Other expenses: ADMIN COSTS ALLOC

  total $0 · program services $1,578,631 · management and general -$1,578,631

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,746,856 · end of year $2,358,032

• 2 · Savings and temporary cash investments

  beginning of year $48,016 · end of year $40,150

• 3 · Pledges and grants receivable

  end of year $774,070

• 4 · Accounts receivable

  beginning of year $398,664

• 8 · Inventories for sale or use

  beginning of year $26,640 · end of year $42,141

• 9 · Prepaid expenses and deferred charges

  beginning of year $24,359 · end of year $14,488

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

  $150,208

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

  $118,543

• 10c · Land, buildings and equipment, net

  beginning of year $7,136 · end of year $31,665

• 11 · Investments: publicly traded securities

  beginning of year $4,742,356 · end of year $4,809,163

• 15 · Other assets

  beginning of year $814,320 · end of year $658,029

• 17 · Accounts payable and accrued expenses

  beginning of year $939,967 · end of year $969,510

• 19 · Deferred revenue

  beginning of year $63,622

• 25 · Other liabilities

  beginning of year $849,158 · end of year $721,904

• 27 · Net assets without donor restrictions

  beginning of year $6,955,600 · end of year $7,036,324

The filer's explanations (Part III)

PART I, LINE 7

THE ORGANIZATION PAID OUT BONUSES IN 2023 AS FOLLOWS FOR PERSONS LISTED ON FORM 990, PART VII, SECTION A: 1. JON HEINTZ...........$ 25,734 2. AYSE HORTACSU........$ 15,763 3. JUSTIN MORESCO.......$ 15,255 4. MICHAEL VALLEY........$ 8,045 5. BERNADETTE HADNAGY...$ 11,640