Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $5,025

• 1f · All other contributions, gifts and grants

  $2,676,121

• 1g · Noncash contributions included above

  $7,712

• 2a · Program service revenue: TUITION AND FEES

  total $5,309,524 · related or exempt $5,309,524

• 3 · Investment income

  total $149,141 · excluded $149,141

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $4,193,825 · program services $4,193,825

• 5 · Compensation of officers, directors and key employees

  total $580,241 · program services $485,674 · management and general $29,673 · fundraising $64,894

• 7 · Other salaries and wages

  total $1,126,722 · program services $932,640 · management and general $57,650 · fundraising $136,432

• 8 · Pension plan contributions

  total $35,705 · program services $32,341 · management and general $1,819 · fundraising $1,545

• 9 · Other employee benefits

  total $94,882 · program services $85,944 · management and general $4,833 · fundraising $4,105

• 10 · Payroll taxes

  total $113,257 · program services $103,814 · management and general $5,386 · fundraising $4,057

• 11a · Fees: management

  total $75,000 · management and general $75,000

• 11c · Fees: accounting

  total $98,402 · management and general $98,402

• 11g · Fees: other

  total $200,563 · program services $173,868 · management and general $3,695 · fundraising $23,000

• 12 · Advertising and promotion

  total $77,493 · program services $77,493

• 13 · Office expenses

  total $31,595 · program services $31,595

• 16 · Occupancy

  total $373,238 · program services $357,726 · management and general $7,756 · fundraising $7,756

• 17 · Travel

  total $25,797 · program services $25,797

• 22 · Depreciation, depletion and amortization

  total $23,714 · program services $23,714

• 23 · Insurance

  total $45,563 · program services $34,504 · management and general $5,983 · fundraising $5,076

• 24a · Other expenses: INSTRUCTIONAL EXPENSE

  total $159,126 · program services $159,126

• 24b · Other expenses: MEALS

  total $82,150 · program services $82,150

• 24c · Other expenses: SOCCER PROGRAMMING EXPE

  total $81,598 · program services $81,598

• 24d · Other expenses: SOCCER APPAREL AND EQUI

  total $36,020 · program services $36,020

• 24e · All other expenses

  total $65,593 · program services $65,403 · fundraising $190

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $373,386 · end of year $598,592

• 2 · Savings and temporary cash investments

  beginning of year $2,509,979 · end of year $3,156,245

• 3 · Pledges and grants receivable

  beginning of year $13,585

• 4 · Accounts receivable

  beginning of year $41,356 · end of year $47,162

• 9 · Prepaid expenses and deferred charges

  beginning of year $20,773 · end of year $15,703

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

  $930,976

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

  $743,231

• 10c · Land, buildings and equipment, net

  beginning of year $202,224 · end of year $187,745

• 14 · Intangible assets

  end of year $29,049

• 15 · Other assets

  beginning of year $2,306,169 · end of year $2,070,989

• 17 · Accounts payable and accrued expenses

  beginning of year $302,427 · end of year $302,744

• 19 · Deferred revenue

  end of year $1,150

• 22 · Loans and payables to officers and key people

  beginning of year $117,068 · end of year $323,119

• 25 · Other liabilities

  beginning of year $2,424,359 · end of year $2,235,526

• 27 · Net assets without donor restrictions

  beginning of year $2,220,591 · end of year $3,042,196

• 28 · Net assets with donor restrictions

  beginning of year $403,027 · end of year $200,750

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.