Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $112,000

• 1f · All other contributions, gifts and grants

  $958,001

• 2a · Program service revenue: MEMBERSHIP DUES

  total $2,165,664 · related or exempt $2,165,664

• 2b · Program service revenue: SPONSORSHIPS

  total $1,010,797 · unrelated business $30,271 · excluded $980,526

• 2c · Program service revenue: CONVENTION REVENUE SHARE

  total $427,260 · related or exempt $427,260

• 2d · Program service revenue: REGISTRATION FEES

  total $392,153 · related or exempt $392,153

• 3 · Investment income

  total $488,177 · excluded $488,177

• 7a · Gross sales of assets other than inventory

  securities $1,560,000

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

  securities $1,446,683

• 7c · Gain or loss

  securities $113,317

• 7d · Net gain or loss

  total $113,317 · excluded $113,317

• 11a · Other revenue: FOUNDATION ADMINISTRATION

  total $745,166 · excluded $745,166

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $67,662 · excluded $67,662

• 11e · Other revenue, total

  $812,828

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $93,051

• 2 · Grants to domestic individuals

  total $20,500

• 5 · Compensation of officers, directors and key employees

  total $1,739,278

• 7 · Other salaries and wages

  total $1,367,947

• 8 · Pension plan contributions

  total $158,727

• 9 · Other employee benefits

  total $202,867

• 11b · Fees: legal

  total $696,423

• 11c · Fees: accounting

  total $146,912

• 11f · Fees: investment management

  total $76,400

• 11g · Fees: other

  total $548,796

• 12 · Advertising and promotion

  total $53,880

• 13 · Office expenses

  total $130,092

• 14 · Information technology

  total $154,642

• 16 · Occupancy

  total $347,584

• 17 · Travel

  total $179,660

• 19 · Conferences, conventions and meetings

  total $739,504

• 22 · Depreciation, depletion and amortization

  total $79,267

• 23 · Insurance

  total $41,934

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $196,557

• 24b · Other expenses: OTHER EXPENSES

  total $16,839

• 24c · Other expenses: TRAINING

  total $15,966

• 24d · Other expenses: UBI TAXES

  total -$4,148

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $255,676 · end of year $16,611

• 2 · Savings and temporary cash investments

  beginning of year $302,963 · end of year $129,589

• 4 · Accounts receivable

  beginning of year $334,667 · end of year $611,156

• 9 · Prepaid expenses and deferred charges

  beginning of year $210,323 · end of year $200,879

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

  $886,275

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

  $248,512

• 10c · Land, buildings and equipment, net

  beginning of year $710,232 · end of year $637,763

• 11 · Investments: publicly traded securities

  beginning of year $18,479,840 · end of year $19,648,914

• 12 · Investments: other securities

  beginning of year $51,462 · end of year $10,000

• 15 · Other assets

  beginning of year $3,216,329 · end of year $3,269,062

• 17 · Accounts payable and accrued expenses

  beginning of year $495,333 · end of year $517,946

• 19 · Deferred revenue

  beginning of year $1,353,016 · end of year $901,353

• 25 · Other liabilities

  beginning of year $4,253,760 · end of year $3,951,164

• 27 · Net assets without donor restrictions

  beginning of year $17,459,383 · end of year $19,153,511

The filer's explanations (Part III)

PART I, LINE 1A

TRAVEL FOR COMPANIONS: NGA PROVIDES TRAVEL FOR OFFICERS' COMPANIONS TO OUR ANNUAL CONVENTION AND OTHER MEETINGS AS APPROVED BY THE PRESIDENT AND CEO. THESE AMOUNTS ARE NONTAXABLE TO THE EMPLOYEE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• NGA SERVICE CORPORATION

  C · PROVIDE TECHNOLOGY, EQUIPMENT, FIXTURES, FINANCING AND EFFICIENCY PROGRAMS · DE · 100% owned · share of income $2,146 · share of assets $91,867

  Directly controlled by NATIONAL GROCERS ASSOCIATION