Form 990s do not list the specific publicly traded securities (individual stocks, bonds, mutual funds, etc.) by name or ticker.

What the filings actually disclose

On the Form 990 balance sheet, investments appear only as aggregate totals:

• Investments — publicly traded securities (one recent extract showed ~$2.46 million)
• Investments — program-related (one extract showed ~$1.79 million)

There is no required or voluntary schedule that itemizes the individual holdings (e.g., “X shares of Apple” or “Y Treasury notes”). Form 990 reporting for these categories is summary-level only.

More detail from audited financial statements (more useful than the 990)

Older audited financials (e.g., the 2019 consolidated audit of Growth Organization of Topeka/Shawnee County, Inc. & Subsidiary) provide clearer insight into the nature of the investments:

• The organization invests primarily in low-risk, highly liquid instruments:
  • U.S. government securities money market funds
  • Certificates of deposit (CDs)
  • U.S. Treasury notes and bills

These are valued at fair value (or cost plus accrued interest for CDs). The audit notes describe them as Level 1 assets (quoted market prices) for the Treasuries and money market funds.

More recent internal financial statements presented to JEDO (e.g., year-end 2024) continue to show a sizable “Investments” line (around $6.5–$6.9 million in one presentation), consistent with ongoing holdings of similar conservative instruments rather than equity portfolios or alternative investments.

Program-related investments

The “Investments — program-related” line is typically used for investments that further the organization’s exempt purpose (economic development) rather than pure financial return. In GO Topeka’s case, this category most likely relates to:

• Support for related entities or initiatives (including the East Topeka Learning Center / ETLC Support Corporation structure)
• Or other economic-development-related financial instruments

It is not a portfolio of publicly traded stocks.

Summary

Category	What it generally is	Detail disclosed publicly?	Typical composition (from audits)
Publicly traded securities	Marketable securities held for investment	Aggregate total only	Money market funds, U.S. Treasuries, CDs
Program-related investments	Investments that advance the mission	Aggregate total only	Related to economic development activities

Bottom line: GO Topeka does not appear to hold a significant portfolio of individual publicly traded equities that are disclosed by name. The publicly traded securities line reflects conservative, liquid fixed-income and cash-equivalent investments (primarily government securities and CDs). The Form 990s and available audits do not provide a security-by-security listing.

What the Form 990s actually show

On the balance sheet (Part X of Form 990), real estate is reported only in highly aggregated form:

• “Land, buildings, and equipment” (net of accumulated depreciation) appears as a single line item.
• In the available extracts (e.g., the 2022 filing), this net amount is very small — around $42,783.
• The large total assets ($20M–$23M range in recent years) come mostly from:
  • Cash and temporary cash investments (often $13M+)
  • Investments (publicly traded securities and program-related investments)
  • Other assets
  • And a very large deferred revenue liability (often $15M+)

gage 37

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H

Henry McClure 

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444

Go Topeka must go -

 Here’s a clear, year-by-year summary of GO Topeka’s Investments line from the most recent available financial presentations to the JEDO board and earlier audited statements.

Investments Totals (Statement of Financial Position)

Period	Investments Balance	Notes / Source
Dec 31, 2024 (Year-end)	$6,854,865	Up $325k from prior year. JEDO Feb 26, 2025 presentation
Dec 31, 2023	$6,529,644	JEDO presentation
Sept 30, 2023	$6,445,600	Quarterly
March 31, 2023	$6,300,482	Quarterly
Dec 31, 2019 (Audited)	$6,119,422	Full audit – detailed composition available
Dec 31, 2018 (Audited)	$5,996,560	Full audit

Composition (from the most detailed source available)

The 2019 audited consolidated financial statements break down the investments as follows (this is the clearest public detail we have):

• Money market fund: ~$3.35 million (Level 1)
• U.S. Treasury Notes: ~$281,000
• U.S. Treasury Bill: ~$149,000
• Certificates of Deposit (carried at cost): ~$2.34 million

Total 2019: $6.12 million

These are conservative, highly liquid, low-risk instruments (primarily government securities and CDs). There is no evidence in the public filings of a large equity stock portfolio or alternative investments.

Key observations from recent years

• The Investments balance has remained relatively stable in the $6.1–$6.9 million range since at least 2018–2019.
• The large overall asset base ($20M–$23M) is driven far more by Cash & Cash Equivalents (often $11–$13 million) and the very large Deferred Revenue liability (typically $16–$18 million, reflecting committed but not-yet-paid incentives) than by the investment portfolio.
• “Board-designated” net assets of $1,787,305 have been consistent for several years and appear tied to the program-related / designated investment category.
• Interest and investment income is budgeted modestly (around $50–55k in recent budgets) and is a minor revenue source compared with the economic development sales tax.

Bottom line: GO Topeka maintains a stable, conservative investment portfolio of roughly $6.5–$6.9 million, consisting mainly of money market funds, U.S. Treasuries, and certificates of deposit. The Form 990 and JEDO financial presentations report only the aggregate total — they do not list individual securities by name or ticker.

Fw: Henry McClure, can you help me reach my goal today?

---

From: Adriana Raub <adrianaraub@eteamsponsor.com>
Sent: Tuesday, August 11, 2026 8:30 AM
To: mcre13@gmail.com <mcre13@gmail.com>
Subject: Henry McClure, can you help me reach my goal today?

 

Donate Now 2026 OUKS Women's Volleyball Fundraiser Dear Henry McClure, Can you please support me in our 2026 OUKS Women's Volleyball Fundraiser? Your gift is greatly appreciated. My personal fundraising goal is to raise $800.00 for our program. To donate online click our secure Donate Now link. Please visit our campaign page to watch our video and learn more about our needs and positive activities. Thank you in advance for your generous support in our 2026 OUKS Women's Volleyball Fundraiser. Sincerely, Adriana Raub Donate Now * Upon your donation you will receive a “Thank You” email receipt that may be used for tax purposes. Please consult your tax preparer for any questions regarding non-profit donation deductions. Powered by 1390 Willow Pass Rd #210, Concord, CA 94520 © Copyright 2010-2026  |  Privacy Policy Stop receiving further emails regarding this Campaign

                                                           

Where in God’s Green Earth Was Go Topeka?

The Maverik deal on Fairlawn should have been a no-brainer.

A private company wanted to take a long-dead, blighted hole at the old Holidome site and put a real business on it. A convenience store and fueling station that would have generated sales tax every single day, real estate taxes for the city, and actual economic activity on land that had been sitting empty and rotting for years. It was the right project, in the right location, for the right reasons.

It would have helped Topeka. Not in some abstract “vision” way. In the concrete way that matters: money coming into the city’s coffers from people buying gas, food, and supplies. Property taxes from a developed site instead of a vacant eyesore. Private capital doing what private capital is supposed to do.

And where was Go Topeka?

Nowhere.

The organization whose entire existence is justified by attracting and supporting new businesses sat on its hands. They should have been down there fighting for it. They should have been the loudest voice in the room explaining why this project belonged in Topeka. They should have been pushing back against the noise, the special interests, and the neighborhood pressure that ultimately killed it. That’s literally their job.

Instead, the City Council buried it 9-1. Only David Banks had the courage to vote for it. Everyone else folded. And Go Topeka? Missing in action. Silent when it mattered. Absent when a sales-tax-generating project needed a champion.

This is not economic development. This is selective advocacy dressed up as economic development. When the right people don’t want something, Go Topeka disappears. When the project is convenient for the connected, they suddenly find their voice. The Maverik deal exposed the pattern in the clearest possible terms.

Their job is not to manage the feelings of the loudest special interests. Their job is not to let the mob rule. Their job is to bring businesses to this community that create real tax base and real activity. On Fairlawn, they failed that test completely.

This is exactly why their public funding needs to end. No more blank checks. No more institutional capture. Let every project stand on its own merit and come to the city and county on an arm’s-length basis. If a deal is good for taxpayers, it should win on the numbers and the facts — not on whether Go Topeka decides to show up that day.

And while we’re at it, every acre of land sitting in Go Topeka’s name needs to be transferred out of their control. Those assets belong to the public. They should not be held by an organization that has proven it will protect its own interests and relationships over the clear economic interest of the community.

The Maverik deal was the test. Go Topeka failed it. They weren’t there when a straightforward, tax-generating private project needed a champion. That failure is not a one-off. It is the logical result of how this organization has evolved — more concerned with managing influence than delivering results for the people who actually fund it.

Enough.