NASBA Center for the Public Trust
Fiscal Year
Fiscal Year Start
08/01/2023
Fiscal Year End
07/31/2024
Projected Revenue
$1,030,000.00
Projected Expenses
$1,023,000.00
Organizational Budgets and Other Documents
| CPT Budget FY 2024 | 2024 |
| CPT Budget FY 2023 | 2023 |
| CPT Budget FY2022 | 2022 |
| CPT Financial Statements-Giving Matters | 2022 |
| CPT Budget FY 2021 | 2021 |
| CPT Budget FY 2020 | 2020 |
| CPT Budget FY 2019 | 2019 |
| CPT Budget FY 2018 | 2018 |
| CPT Budget FY 2017 | 2017 |
IRS Letter of Exemption
| NASBA Center for the Public Trust IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $632,188.00 | $581,042.00 | $581,042.00 |
| Total Expenses | $520,123.00 | $336,101.00 | $336,101.00 |
| Revenue Less Expenses | $112,065.00 | $244,941.00 | $244,941.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $144,838.00 | $126,438.00 | $126,438.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $298,223.00 | $267,170.00 | $267,170.00 |
| Investment Income, Net of Losses | $17,063.00 | $10,092.00 | $10,092.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $22,064.00 | $28,371.00 | $27,342.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $150,000.00 | $150,000.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $388,581.00 | $260,717.00 | $260,717.00 |
| Administration Expense | $64,946.00 | $46,418.00 | $46,418.00 |
| Fundraising Expense | $66,596.00 | $28,966.00 | $28,966.00 |
| Total Revenue/Total Expenses | 122% | 173% | 173% |
| Program Expense/Total Expenses | 75% | 78% | 78% |
| Fundraising Expense/Contributed Revenue | 13% | 9% | 9% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $298,223.00 | Program Revenue $267,170.00 | Program Revenue $267,170.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $144,838.00 | Other Revenue $150,000.00 | Other Revenue $150,000.00 |
| Third Highest Funding Source & Dollar Amount | Fundraising Events $22,064.00 | Contributions, Gifts, and Grants $126,438.00 | Contributions, Gifts, and Grants $126,438.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,455,567.00 | $1,073,152.00 | $1,073,152.00 |
| Current Assets | $392,219.00 | $817,807.00 | $817,807.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $111,886.00 | $39,481.00 | $39,481.00 |
| Total Net Assets | $1,343,681.00 | $1,033,671.00 | $1,033,671.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$153,000.00
What is the spending policy for your endowment?
Percentage
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
January
Permit Expiration Year
2025
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the 990. Corporate and foundation grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 prepared internally by nonprofit. Audited financial statement prepared by LBMC, PC. Comments provided by Hayley Sulfridge 2/12/24. |
