Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $174,150

• 1e · Government grants (contributions)

  $31,694

• 1f · All other contributions, gifts and grants

  $2,338,951

• 1g · Noncash contributions included above

  $73,631

• 3 · Investment income

  total $186,512 · excluded $186,512

• 7a · Gross sales of assets other than inventory

  securities $125,447 · other assets $123,918

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

  securities $170,801 · other assets $37,965

• 7c · Gain or loss

  securities -$45,354 · other assets $85,953

• 7d · Net gain or loss

  total $40,599 · excluded $40,599

• 8a · Fundraising events: gross income

  $63,773

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

  $174,150

• 8b · Fundraising events: direct expenses

  $91,933

• 8c · Net income from fundraising events

  total -$28,160 · excluded -$28,160

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $76 · excluded $76

• 11e · Other revenue, total

  $76

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $432,179 · program services $366,788 · management and general $43,218 · fundraising $22,173

• 7 · Other salaries and wages

  total $1,123,393 · program services $1,049,680 · management and general $59,112 · fundraising $14,601

• 8 · Pension plan contributions

  total $43,768 · program services $40,757 · management and general $2,385 · fundraising $626

• 9 · Other employee benefits

  total $104,138 · program services $96,348 · management and general $6,011 · fundraising $1,779

• 10 · Payroll taxes

  total $116,910 · program services $106,622 · management and general $7,599 · fundraising $2,689

• 11c · Fees: accounting

  total $22,544 · management and general $22,544

• 11f · Fees: investment management

  total $24,255 · management and general $24,255

• 11g · Fees: other

  total $97,418 · program services $97,418

• 13 · Office expenses

  total $317,409 · program services $291,632 · management and general $14,095 · fundraising $11,682

• 16 · Occupancy

  total $140,245 · program services $137,307 · management and general $2,593 · fundraising $345

• 17 · Travel

  total $13,599 · program services $13,599

• 19 · Conferences, conventions and meetings

  total $9,078 · program services $9,078

• 22 · Depreciation, depletion and amortization

  total $169,424 · program services $166,036 · management and general $3,388

• 23 · Insurance

  total $100,312 · program services $98,781 · management and general $1,531

• 24a · Other expenses: OTHER EXPENSE

  total $43,175 · program services $43,175

• 24b · Other expenses: EQUIPMENT LEASE

  total $8,107 · program services $7,377 · management and general $730

• 24c · Other expenses: MEALS & ENTERTAINMENT

  total $4,378 · fundraising $4,378

• 24d · Other expenses: PROFESSIONAL FEES

  total $1,400 · program services $1,400

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $226,325 · end of year $132,311

• 2 · Savings and temporary cash investments

  beginning of year $86,340

• 3 · Pledges and grants receivable

  beginning of year $670,686 · end of year $567,752

• 9 · Prepaid expenses and deferred charges

  beginning of year $38,803 · end of year $49,306

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

  $4,882,784

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

  $2,461,831

• 10c · Land, buildings and equipment, net

  beginning of year $2,550,892 · end of year $2,420,953

• 11 · Investments: publicly traded securities

  beginning of year $9,551,087 · end of year $10,247,600

• 15 · Other assets

  end of year $57,719

• 17 · Accounts payable and accrued expenses

  beginning of year $95,430 · end of year $129,030

• 19 · Deferred revenue

  beginning of year $10,535 · end of year $16,075

• 25 · Other liabilities

  end of year $55,184

• 27 · Net assets without donor restrictions

  beginning of year $12,330,320 · end of year $12,707,600

• 28 · Net assets with donor restrictions

  beginning of year $687,848 · end of year $567,752

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 7

KURT SEBALY'S 2,000 BONUS CAME FROM THE STATE OF MICHIGAN CHILD CARE RELIEF FUNDS.