Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $150,138

• 2a · Program service revenue: PROGRAM FEES

  total $5,221,328 · related or exempt $5,221,328

• 2b · Program service revenue: SPONSOR REVENUE

  total $648,940 · related or exempt $648,940

• 3 · Investment income

  total $25,802 · excluded $25,802

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

  other assets $16,364

• 7c · Gain or loss

  other assets -$16,364

• 7d · Net gain or loss

  total -$16,364 · excluded -$16,364

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $10,000 · program services $10,000

• 2 · Grants to domestic individuals

  total $72,500 · program services $72,500

• 3 · Grants to foreign organizations and individuals

  total $152,500 · program services $152,500

• 5 · Compensation of officers, directors and key employees

  total $303,716 · program services $303,716

• 7 · Other salaries and wages

  total $260,300 · program services $208,240 · management and general $52,060

• 8 · Pension plan contributions

  total $4,258 · program services $3,406 · management and general $852

• 9 · Other employee benefits

  total $34,880 · program services $27,904 · management and general $6,976

• 10 · Payroll taxes

  total $342,401 · program services $273,921 · management and general $68,480

• 11b · Fees: legal

  total $26,782 · management and general $26,782

• 11c · Fees: accounting

  total $136,080 · management and general $136,080

• 11g · Fees: other

  total $1,888,010 · program services $1,886,434 · management and general $1,576

• 12 · Advertising and promotion

  total $125,199 · program services $99,280 · management and general $25,919

• 13 · Office expenses

  total $235,158 · program services $147,438 · management and general $87,720

• 14 · Information technology

  total $167,273 · program services $11,894 · management and general $155,379

• 16 · Occupancy

  total $448,779 · management and general $448,779

• 17 · Travel

  total $508,880 · program services $200,062 · management and general $308,818

• 22 · Depreciation, depletion and amortization

  total $7,786 · management and general $7,786

• 24a · Other expenses: JAMBOREE EVENT EXPENSE

  total $2,607,749 · program services $2,607,749

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $267,102 · end of year $86,901

• 2 · Savings and temporary cash investments

  beginning of year $779,860 · end of year $732,860

• 3 · Pledges and grants receivable

  beginning of year $700,000

• 4 · Accounts receivable

  beginning of year $67,000 · end of year $221,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $13,754 · end of year $550

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $40,257 · end of year $0

• 15 · Other assets

  beginning of year $153,069 · end of year $6,990

• 17 · Accounts payable and accrued expenses

  beginning of year $374,090 · end of year $492,248

• 19 · Deferred revenue

  end of year $1,900

• 25 · Other liabilities

  beginning of year $81,961 · end of year $327,497

• 27 · Net assets without donor restrictions

  beginning of year $123,920 · end of year $227,156

• 28 · Net assets with donor restrictions

  beginning of year $1,441,071 · end of year $0

The filer's explanations (Part III)

PART I, LINE 4A

MEAGAN LIZARAZO RECEIVED SEVERANCE PAYMENTS DURING 2023 EQUAL TO HER ANNUAL COMPENSATION.

Related corporations and trusts

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

• IGEM EUROPE

  C · FOSTERING SCIENTIFIC RESEARCH AND EDUCATION · FR · 100% owned · share of income $2,840,069 · share of assets $886,646 · controlled entity

  Directly controlled by IGEM FOUNDATION INC