Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,315,032

• 1g · Noncash contributions included above

  $20,369

• 2a · Program service revenue: TUITION AND FEES

  total $4,226,383 · related or exempt $4,226,383

• 3 · Investment income

  total $9,979 · excluded $9,979

• 11d · All other revenue

  total $442 · excluded $442

• 11e · Other revenue, total

  $442

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,167,450 · program services $3,167,450

• 5 · Compensation of officers, directors and key employees

  total $181,316 · program services $145,053 · management and general $18,132 · fundraising $18,131

• 7 · Other salaries and wages

  total $1,488,751 · program services $1,220,759 · management and general $72,328 · fundraising $195,664

• 8 · Pension plan contributions

  total $54,799 · program services $50,569 · management and general $2,358 · fundraising $1,872

• 9 · Other employee benefits

  total $124,789 · program services $114,372 · management and general $5,734 · fundraising $4,683

• 10 · Payroll taxes

  total $101,037 · program services $91,432 · management and general $5,438 · fundraising $4,167

• 11c · Fees: accounting

  total $60,000 · management and general $60,000

• 11g · Fees: other

  total $209,497 · program services $179,497 · management and general $21,000 · fundraising $9,000

• 12 · Advertising and promotion

  total $368 · program services $368

• 13 · Office expenses

  total $33,103 · program services $33,103

• 16 · Occupancy

  total $464,752 · program services $445,629 · management and general $10,303 · fundraising $8,820

• 17 · Travel

  total $25,648 · program services $25,648

• 22 · Depreciation, depletion and amortization

  total $54,917 · program services $54,917

• 23 · Insurance

  total $47,801 · program services $25,901 · management and general $21,093 · fundraising $807

• 24a · Other expenses: INSTRUCTIONAL EXPENSE

  total $133,915 · program services $133,915

• 24b · Other expenses: MEALS

  total $70,056 · program services $70,056

• 24c · Other expenses: SOCCER PROGRAMMING EXPE

  total $50,681 · program services $50,681

• 24d · Other expenses: SOCCER APPAREL AND EQUI

  total $34,933 · program services $34,933

• 24e · All other expenses

  total $45,864 · program services $31,871 · management and general $13,993

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,649,111 · end of year $373,386

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $2,509,979

• 3 · Pledges and grants receivable

  beginning of year $27,443 · end of year $13,585

• 4 · Accounts receivable

  beginning of year $18,181 · end of year $41,356

• 9 · Prepaid expenses and deferred charges

  beginning of year $20,096 · end of year $20,773

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

  $921,741

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

  $719,517

• 10c · Land, buildings and equipment, net

  beginning of year $61,990 · end of year $202,224

• 15 · Other assets

  beginning of year $142,190 · end of year $2,306,169

• 17 · Accounts payable and accrued expenses

  beginning of year $323,671 · end of year $302,427

• 25 · Other liabilities

  beginning of year $173,881 · end of year $2,541,427

• 27 · Net assets without donor restrictions

  beginning of year $2,071,174 · end of year $2,220,591

• 28 · Net assets with donor restrictions

  beginning of year $350,285 · end of year $403,027

The filer's explanations (Part III)

PART I, LINE 7

SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE.