Form 990 for tax year 2024

1e · Government grants (contributions)

$24,815,297

1f · All other contributions, gifts and grants

$118,738

2a · Program service revenue: STUDENT SERVICES

total $302,481 · related or exempt $302,481

3 · Investment income

total $196,991 · excluded $196,991

6a · Gross rents

real property $239,134

6b · Less rental expenses

real property $166,505

6c · Rental income or loss

real property $72,629

6d · Net rental income or loss

total $72,629 · excluded $72,629

7a · Gross sales of assets other than inventory

other assets $48,544

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $48,544

7d · Net gain or loss

total $48,544 · related or exempt $48,544

5 · Compensation of officers, directors and key employees

total $568,753 · management and general $568,753

7 · Other salaries and wages

total $14,156,214 · program services $10,526,926 · management and general $3,629,288

8 · Pension plan contributions

total $660,582 · program services $495,343 · management and general $165,239

9 · Other employee benefits

total $1,081,715 · program services $810,684 · management and general $271,031

10 · Payroll taxes

total $1,099,378 · program services $766,712 · management and general $332,666

11b · Fees: legal

total $12,472 · management and general $12,472

11c · Fees: accounting

total $114,071 · management and general $114,071

11g · Fees: other

total $1,244,836 · program services $921,648 · management and general $323,188

13 · Office expenses

total $119,173 · management and general $119,173

16 · Occupancy

total $1,256,934 · management and general $1,256,934

17 · Travel

total $359,855 · program services $343,973 · management and general $15,882

20 · Interest

total $751,154 · management and general $751,154

22 · Depreciation, depletion and amortization

total $1,332,806 · program services $272,830 · management and general $1,059,976

23 · Insurance

total $307,461 · management and general $307,461

24a · Other expenses: OTHER CHARGES

total $965,414 · program services $142,668 · management and general $822,746

24b · Other expenses: SUPPLIES

total $564,690 · program services $430,043 · management and general $134,647

24c · Other expenses: INTERNAL SCHOOL FUNDS

total $308,615 · program services $308,615

24d · Other expenses: STUDENT SERVICES

total $45,816 · program services $45,816

24e · All other expenses

total $25,790 · program services $11,000 · management and general $14,790

1 · Cash, non-interest-bearing

beginning of year $6,809,712 · end of year $7,657,351

3 · Pledges and grants receivable

beginning of year $946,630 · end of year $285,472

4 · Accounts receivable

end of year $6,297

7 · Other notes and loans receivable

beginning of year $1,660,573 · end of year $855,482

9 · Prepaid expenses and deferred charges

end of year $40,000

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

$22,372,287

10b · Land, buildings and equipment: accumulated depreciation

$8,131,047

10c · Land, buildings and equipment, net

beginning of year $14,496,945 · end of year $14,241,240

14 · Intangible assets

beginning of year $1,847,009 · end of year $2,631,211

15 · Other assets

beginning of year $14,552,593 · end of year $15,626,270

17 · Accounts payable and accrued expenses

beginning of year $563,445 · end of year $423,814

23 · Secured mortgages and notes payable

beginning of year $13,330,509 · end of year $13,619,714

25 · Other liabilities

beginning of year $1,949,370 · end of year $2,250,706

27 · Net assets without donor restrictions

beginning of year $19,782,479 · end of year $18,722,193

28 · Net assets with donor restrictions

beginning of year $4,687,659 · end of year $6,326,896