Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $48,300

• 1d · Related organizations

  $1,955,556

• 1e · Government grants (contributions)

  $161,790

• 1f · All other contributions, gifts and grants

  $6,217,088

• 1g · Noncash contributions included above

  $91,413

• 2a · Program service revenue: TUITION AND FEES

  total $30,488,065 · related or exempt $30,488,065

• 2b · Program service revenue: AUXILIARY SERVICES

  total $4,076,271 · related or exempt $4,076,271

• 2c · Program service revenue: BREAKTHROUGH

  total $127,827 · related or exempt $127,827

• 2d · Program service revenue: ATHLETICS

  total $92,112 · related or exempt $92,112

• 2e · Program service revenue: OTHER PROGRAM REVENUE

  total $56,918 · related or exempt $56,918

• 3 · Investment income

  total $44,357 · excluded $44,357

• 6a · Gross rents

  real property $257,686

• 6b · Less rental expenses

  real property $20,029

• 6c · Rental income or loss

  real property $237,657

• 6d · Net rental income or loss

  total $237,657 · excluded $237,657

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

  other assets $1,168

• 7c · Gain or loss

  other assets -$1,168

• 7d · Net gain or loss

  total -$1,168 · excluded -$1,168

• 8a · Fundraising events: gross income

  $141,403

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

  $48,300

• 8b · Fundraising events: direct expenses

  $63,751

• 8c · Net income from fundraising events

  total $77,652 · excluded $77,652

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,341,658 · program services $3,341,658

• 5 · Compensation of officers, directors and key employees

  total $1,214,828 · management and general $1,214,828

• 7 · Other salaries and wages

  total $15,189,198 · program services $11,926,209 · management and general $2,835,955 · fundraising $427,034

• 8 · Pension plan contributions

  total $678,569 · program services $515,176 · management and general $145,129 · fundraising $18,264

• 9 · Other employee benefits

  total $1,288,787 · program services $862,345 · management and general $341,741 · fundraising $84,701

• 10 · Payroll taxes

  total $1,165,594 · program services $863,471 · management and general $271,191 · fundraising $30,932

• 11g · Fees: other

  total $299,152 · management and general $299,152

• 13 · Office expenses

  total $117,941 · management and general $117,941

• 14 · Information technology

  total $954,793 · program services $744,739 · management and general $105,027 · fundraising $105,027

• 16 · Occupancy

  total $2,302,133 · program services $1,992,868 · management and general $144,618 · fundraising $164,647

• 17 · Travel

  total $40,740 · management and general $40,740

• 22 · Depreciation, depletion and amortization

  total $2,373,243 · program services $2,135,919 · management and general $118,662 · fundraising $118,662

• 23 · Insurance

  total $1,971,525 · program services $1,774,373 · management and general $98,576 · fundraising $98,576

• 24a · Other expenses: AUXILIARY

  total $3,628,049 · program services $3,628,049

• 24b · Other expenses: INSTRUCTIONAL

  total $2,429,318 · program services $2,429,318

• 24c · Other expenses: ADMINISTRATIVE

  total $711,462 · management and general $706,827 · fundraising $4,635

• 24d · Other expenses: BREAKTHROUGH

  total $342,264 · program services $342,264

• 24e · All other expenses

  total $468,244 · management and general $267,775 · fundraising $200,469

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $14,348,285 · end of year $18,272,262

• 3 · Pledges and grants receivable

  beginning of year $2,118,469 · end of year $2,127,150

• 4 · Accounts receivable

  beginning of year $14,224,910 · end of year $15,061,331

• 8 · Inventories for sale or use

  beginning of year $62,097 · end of year $116,102

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,133,392 · end of year $2,108,228

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

  $87,136,359

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

  $40,971,285

• 10c · Land, buildings and equipment, net

  beginning of year $46,375,671 · end of year $46,165,074

• 15 · Other assets

  beginning of year $9,062,097 · end of year $10,738,070

• 17 · Accounts payable and accrued expenses

  beginning of year $1,641,164 · end of year $2,195,852

• 19 · Deferred revenue

  beginning of year $29,086,455 · end of year $31,055,577

• 20 · Tax-exempt bond liabilities

  beginning of year $11,962,799 · end of year $8,977,200

• 25 · Other liabilities

  beginning of year $1,563,014 · end of year $1,547,200

• 27 · Net assets without donor restrictions

  beginning of year $13,746,505 · end of year $17,291,470

• 28 · Net assets with donor restrictions

  beginning of year $30,324,984 · end of year $33,520,918

The filer's explanations (Part III)

PART I, LINE 7

THE ORGANIZATION PROVIDED BONUSES.