Form 990 for tax year 2023

1e · Government grants (contributions)

$1,427,378

1f · All other contributions, gifts and grants

$954,716

1g · Noncash contributions included above

$2,787

2a · Program service revenue: TUITION

total $67,619,565 · related or exempt $67,619,565

2b · Program service revenue: SPECIAL PROGRAM REVENUE

total $1,635,064 · related or exempt $1,635,064

2c · Program service revenue: DEPOSIT FORFEITURE

total $83,683 · related or exempt $83,683

3 · Investment income

total $3,107,944 · excluded $3,107,944

6a · Gross rents

real property $235,913

6b · Less rental expenses

real property $57,437

6c · Rental income or loss

real property $178,476

6d · Net rental income or loss

total $178,476 · excluded $178,476

7a · Gross sales of assets other than inventory

securities $16,654,007 · other assets $3,491,854

7b · Less cost or other basis and sales expenses

securities $16,654,007 · other assets $0

7c · Gain or loss

securities $0 · other assets $3,491,854

7d · Net gain or loss

total $3,491,854 · related or exempt $3,491,854

11a · Other revenue: MISCELLANEOUS

total $300,703 · related or exempt $300,703

11b · Other revenue: PARENT ASSOCIATION

total $253,788 · related or exempt $253,788

11c · Other revenue: E-RATE PROGRAM

total $27,581 · related or exempt $27,581

11d · All other revenue

total $5,573 · related or exempt $5,573

11e · Other revenue, total

$587,645

2 · Grants to domestic individuals

total $1,016,907 · program services $1,016,907

3 · Grants to foreign organizations and individuals

total $201,309 · program services $201,309

5 · Compensation of officers, directors and key employees

total $2,290,444 · program services $932,346 · management and general $1,358,098

7 · Other salaries and wages

total $36,363,042 · program services $33,747,311 · management and general $2,411,766 · fundraising $203,965

8 · Pension plan contributions

total $3,365,434 · program services $3,182,594 · management and general $181,223 · fundraising $1,617

9 · Other employee benefits

total $8,861,135 · program services $8,185,032 · management and general $672,005 · fundraising $4,098

10 · Payroll taxes

total $2,988,990 · program services $2,751,926 · management and general $235,696 · fundraising $1,368

11b · Fees: legal

total $167,587 · management and general $167,587

11f · Fees: investment management

total $79,098 · management and general $79,098

11g · Fees: other

total $6,387,703 · program services $5,207,653 · management and general $1,061,294 · fundraising $118,756

12 · Advertising and promotion

total $11,867 · program services $436 · management and general $616 · fundraising $10,815

13 · Office expenses

total $1,610,024 · program services $1,389,490 · management and general $203,543 · fundraising $16,991

14 · Information technology

total $19,220 · program services $19,220

16 · Occupancy

total $1,231,586 · program services $1,039,288 · management and general $191,675 · fundraising $623

17 · Travel

total $131,581 · program services $102,228 · management and general $25,669 · fundraising $3,684

19 · Conferences, conventions and meetings

total $372,594 · program services $372,594

20 · Interest

total $111,519 · program services $109,958 · management and general $1,561

22 · Depreciation, depletion and amortization

total $3,279,988 · program services $3,225,737 · management and general $52,316 · fundraising $1,935

23 · Insurance

total $726,449 · program services $716,279 · management and general $10,170

24a · Other expenses: STUDENT TRIPS & SCHOOL

total $1,113,051 · program services $1,012,624 · management and general $100,427

24b · Other expenses: DUES AND SUBSCRIPTIONS

total $933,035 · program services $862,399 · management and general $68,680 · fundraising $1,956

24c · Other expenses: TRANSPORTATION

total $497,943 · program services $324,487 · management and general $173,456

24d · Other expenses: RENTALS

total $213,762 · program services $204,907 · management and general $230 · fundraising $8,625

24e · All other expenses

total $530,957 · program services $338,548 · management and general $192,409

1 · Cash, non-interest-bearing

beginning of year $5,661,927 · end of year $4,579,075

2 · Savings and temporary cash investments

beginning of year $16,848,916 · end of year $19,963,404

3 · Pledges and grants receivable

end of year $250,000

4 · Accounts receivable

beginning of year $466,282 · end of year $259,763

8 · Inventories for sale or use

beginning of year $3,092,257

9 · Prepaid expenses and deferred charges

beginning of year $139,572 · end of year $630,765

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

$75,188,823

10b · Land, buildings and equipment: accumulated depreciation

$40,924,208

10c · Land, buildings and equipment, net

beginning of year $30,603,716 · end of year $34,264,615

11 · Investments: publicly traded securities

beginning of year $38,716,761 · end of year $45,093,456

15 · Other assets

beginning of year $707,240 · end of year $680,665

17 · Accounts payable and accrued expenses

beginning of year $8,247,070 · end of year $8,518,365

19 · Deferred revenue

beginning of year $13,936,040 · end of year $13,347,860

20 · Tax-exempt bond liabilities

beginning of year $3,186,592 · end of year $3,002,925

25 · Other liabilities

beginning of year $133,555 · end of year $138,916

27 · Net assets without donor restrictions

beginning of year $49,287,782 · end of year $59,479,497

28 · Net assets with donor restrictions

beginning of year $21,445,632 · end of year $21,234,180