Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $758,198

• 1e · Government grants (contributions)

  $1,532,416

• 1f · All other contributions, gifts and grants

  $12,039,145

• 1g · Noncash contributions included above

  $127,599

• 2a · Program service revenue: ENROLLMENT FEES

  total $324,277 · related or exempt $324,277

• 3 · Investment income

  total $871,383 · excluded $871,383

• 7a · Gross sales of assets other than inventory

  securities $12,870,746

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

  securities $13,104,422

• 7c · Gain or loss

  securities -$233,676

• 7d · Net gain or loss

  total -$233,676 · excluded -$233,676

• 8a · Fundraising events: gross income

  $128,771

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

  $758,198

• 8b · Fundraising events: direct expenses

  $248,113

• 8c · Net income from fundraising events

  total -$119,342 · excluded -$119,342

• 10a · Gross sales of inventory

  $141,567

• 10b · Cost of goods sold

  $2,343

• 10c · Net income from sales of inventory

  total $139,224 · related or exempt $139,224

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $26,086 · program services $26,086

• 5 · Compensation of officers, directors and key employees

  total $363,569 · program services $293,902 · management and general $40,712 · fundraising $28,955

• 7 · Other salaries and wages

  total $4,087,928 · program services $3,352,101 · management and general $408,793 · fundraising $327,034

• 8 · Pension plan contributions

  total $67,115 · program services $39,598 · management and general $22,819 · fundraising $4,698

• 9 · Other employee benefits

  total $263,927 · program services $200,584 · management and general $42,228 · fundraising $21,115

• 10 · Payroll taxes

  total $245,584 · program services $223,481 · fundraising $22,103

• 11c · Fees: accounting

  total $121,245 · management and general $121,245

• 11f · Fees: investment management

  total $26,406 · management and general $26,406

• 11g · Fees: other

  total $57,646 · program services $20,753 · management and general $36,893

• 12 · Advertising and promotion

  total $100,000 · program services $15,000 · fundraising $85,000

• 13 · Office expenses

  total $257,184 · program services $225,825 · management and general $25,196 · fundraising $6,163

• 14 · Information technology

  total $75,809 · program services $72,177 · management and general $3,632

• 16 · Occupancy

  total $365,416 · program services $365,416

• 17 · Travel

  total $233,597 · program services $212,573 · management and general $18,688 · fundraising $2,336

• 22 · Depreciation, depletion and amortization

  total $564,850 · program services $547,904 · management and general $11,297 · fundraising $5,649

• 23 · Insurance

  total $103,983 · program services $93,585 · management and general $5,199 · fundraising $5,199

• 24a · Other expenses: PROGRAM SUPPLIES

  total $426,945 · program services $414,137 · management and general $8,539 · fundraising $4,269

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $302,715 · program services $302,715 · management and general $0

• 24c · Other expenses: TRAINING

  total $29,076 · program services $16,864 · management and general $9,595 · fundraising $2,617

• 24d · Other expenses: BANK FEES

  total $21,640 · program services $9,305 · management and general $11,253 · fundraising $1,082

• 24e · All other expenses

  total $13,131 · program services $1,060 · management and general $8,253 · fundraising $3,818

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $238,347 · end of year $296,934

• 2 · Savings and temporary cash investments

  beginning of year $28,456 · end of year $385,051

• 3 · Pledges and grants receivable

  beginning of year $2,453,930 · end of year $2,108,878

• 4 · Accounts receivable

  end of year $24,849

• 8 · Inventories for sale or use

  beginning of year $11,676 · end of year $9,803

• 9 · Prepaid expenses and deferred charges

  beginning of year $52,080 · end of year $78,597

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

  $23,833,577

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

  $9,648,004

• 10c · Land, buildings and equipment, net

  beginning of year $14,744,037 · end of year $14,185,573

• 11 · Investments: publicly traded securities

  beginning of year $21,314,345 · end of year $32,450,536

• 15 · Other assets

  beginning of year $2,600 · end of year $2,600

• 17 · Accounts payable and accrued expenses

  beginning of year $196,311 · end of year $192,450

• 27 · Net assets without donor restrictions

  beginning of year $33,184,670 · end of year $43,951,276

• 28 · Net assets with donor restrictions

  beginning of year $5,464,490 · end of year $5,399,095

The filer's explanations (Part III)

PART I, LINE 7

THE BONUS IS DETERMINED BASED ON A PERFORMANCE REVIEW AND A PERCENTAGE OF THE INDIVIDUAL'S SALARY.