2025 SLSC TREASURER REPORT Submission: October 15 State Association Annual Reporting Form For the Internal Revenue Service Form 990 - Group Return Massachusetts Association of SkillsUSA Inc. The Massachusetts Association of SkillsUSA Inc., hereby authorizes the National Organization of SkillsUSA Inc., to add our state's name and information to the Internal Revenue Service Form 990 Group Return. The following represent our stated financials from September 1, 2023 - August 31, 2024. State Receipts Contributions (gifts, grants, etc) - $352,540 Contributions (from national office or fundraiser) - $6,680 Program service (conference registration fees) - $1,696,944 Membership dues - $119,379 Interest on savings or cash investments - $0.00 - Sales revenue (pins, T-shirts, etc.) - $0.00 - Other - $0.00 - Total Receipts - $2,175,543 State Disbursements Salary and Wages - $45,000 Employee Benefits - $0.00 - Accounting fees - $0.00 - Supplies - $209,803 Phone - $2,907 Postage and shipping - $1,604 Occupancy - $0.00 - Printing - $12,644 Travel - $55,869 Conference expenses - $1,551,013 Dues to National Office - $0.00 - Sales expenses (pins, T-shirts, etc.) - $0.00 - Insurances - $7,977 Other - $12,500 Total Disbursements - $1,899,317 Excess over Deficit - $276,226 Last year's ending balance reported to IRS - $506,853 Total Year-end cash balance - $783,079 Annual State Officer Team Fundraising Advisor Boot Camp Fundraiser - $1,045.00 Holiday Party Fundraising - $3,278.71 – Donated to Holiday Party SAiL Conference Fundraiser - $470.00 Victoria Graumann State Treasurer