Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,416,965

• 1e · Government grants (contributions)

  $5,174,320

• 1f · All other contributions, gifts and grants

  $7,166,620

• 1g · Noncash contributions included above

  $86,934

• 2a · Program service revenue: PROGRAM FEES

  total $5,341,631 · related or exempt $5,341,631

• 2b · Program service revenue: NMTC INTEREST

  total $146,744 · related or exempt $146,744

• 3 · Investment income

  total $363,951 · excluded $363,951

• 7a · Gross sales of assets other than inventory

  securities $57,296

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

  securities $57,162

• 7c · Gain or loss

  securities $134

• 7d · Net gain or loss

  total $134 · excluded $134

• 8a · Fundraising events: gross income

  $575,250

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

  $1,416,965

• 8b · Fundraising events: direct expenses

  $379,657

• 8c · Net income from fundraising events

  total $195,593 · excluded $195,593

• 11d · All other revenue

  total $54,091 · excluded $54,091

• 11e · Other revenue, total

  $54,091

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $31,200 · program services $31,200

• 5 · Compensation of officers, directors and key employees

  total $868,243 · program services $42,729 · management and general $613,815 · fundraising $211,699

• 7 · Other salaries and wages

  total $6,990,142 · program services $5,415,132 · management and general $530,872 · fundraising $1,044,138

• 8 · Pension plan contributions

  total $259,287 · program services $206,582 · management and general $14,761 · fundraising $37,944

• 9 · Other employee benefits

  total $1,141,162 · program services $862,075 · management and general $96,256 · fundraising $182,831

• 10 · Payroll taxes

  total $719,702 · program services $507,315 · management and general $97,608 · fundraising $114,779

• 11b · Fees: legal

  total $56,540 · management and general $56,540

• 11c · Fees: accounting

  total $59,584 · management and general $59,584

• 11d · Fees: lobbying

  total $104,500 · program services $104,500

• 11g · Fees: other

  total $730,721 · program services $484,204 · management and general $104,513 · fundraising $142,004

• 12 · Advertising and promotion

  total $18,839 · program services $15,207 · management and general $1,270 · fundraising $2,362

• 13 · Office expenses

  total $221,795 · program services $147,389 · management and general $48,037 · fundraising $26,369

• 14 · Information technology

  total $379,457 · program services $301,290 · management and general $26,376 · fundraising $51,791

• 16 · Occupancy

  total $1,423,234 · program services $1,282,615 · management and general $40,123 · fundraising $100,496

• 17 · Travel

  total $39,064 · program services $37,536 · management and general $328 · fundraising $1,200

• 22 · Depreciation, depletion and amortization

  total $932,472 · program services $840,783 · management and general $25,741 · fundraising $65,948

• 24a · Other expenses: FOOD AND KITCHEN SUPPLI

  total $3,970,154 · program services $3,970,129 · management and general $25 · fundraising $0

• 24b · Other expenses: DELIVERY EXPENSE

  total $934,312 · program services $933,809 · management and general $240 · fundraising $263

• 24c · Other expenses: EQUIPMENT EXPENSE

  total $150,389 · program services $130,496 · management and general $7,326 · fundraising $12,567

• 24d · Other expenses: CAPITAL PLANNING EXPENS

  total $60,727 · program services $60,727

• 24e · All other expenses

  total $341,334 · program services $240,367 · management and general $68,145 · fundraising $32,822

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $919,601 · end of year $1,272,980

• 2 · Savings and temporary cash investments

  beginning of year $8,562,274 · end of year $7,143,529

• 3 · Pledges and grants receivable

  beginning of year $1,531,229 · end of year $274,482

• 4 · Accounts receivable

  beginning of year $1,980,337 · end of year $3,103,060

• 7 · Other notes and loans receivable

  beginning of year $13,280,000 · end of year $13,280,000

• 8 · Inventories for sale or use

  beginning of year $96,768 · end of year $146,469

• 9 · Prepaid expenses and deferred charges

  beginning of year $251,111 · end of year $425,049

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

  $3,645,850

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

  $853,868

• 10c · Land, buildings and equipment, net

  beginning of year $731,584 · end of year $2,791,982

• 15 · Other assets

  beginning of year $14,300,534 · end of year $13,719,056

• 17 · Accounts payable and accrued expenses

  beginning of year $1,081,832 · end of year $1,140,413

• 19 · Deferred revenue

  beginning of year $965,002 · end of year $870,495

• 23 · Secured mortgages and notes payable

  beginning of year $2,453,201 · end of year $2,331,127

• 25 · Other liabilities

  beginning of year $16,668,347 · end of year $16,897,482

• 27 · Net assets without donor restrictions

  beginning of year $17,336,024 · end of year $19,985,332

• 28 · Net assets with donor restrictions

  beginning of year $3,149,032 · end of year $931,758

The filer's explanations (Part III)

PART I, LINE 7

EXECUTIVE BONUSES ARE BASED ON FINANCIAL/ BUDGET GOALS AND ARE AT THE DISCRETION OF THE CEO.