Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $6,911,736

• 1g · Noncash contributions included above

  $1,585,322

• 2a · Program service revenue: TUITION AND FEES

  total $41,290,258 · related or exempt $41,290,258

• 2b · Program service revenue: DAY CAMP REVENUE

  total $750,266 · related or exempt $750,266

• 2c · Program service revenue: OTHER PROGRAM REVENUE

  total -$31,269 · related or exempt -$31,269

• 3 · Investment income

  total $4,117,218 · excluded $4,117,218

• 6a · Gross rents

  real property $138,240

• 6c · Rental income or loss

  real property $138,240

• 6d · Net rental income or loss

  total $138,240 · excluded $138,240

• 7a · Gross sales of assets other than inventory

  securities $1,515,182

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

  other assets $1,152,560

• 7c · Gain or loss

  securities $1,515,182 · other assets -$1,152,560

• 7d · Net gain or loss

  total $362,622 · related or exempt $362,622

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $10,991,518 · program services $10,991,518

• 5 · Compensation of officers, directors and key employees

  total $1,657,320 · management and general $1,657,320

• 7 · Other salaries and wages

  total $20,176,403 · program services $15,392,277 · management and general $3,978,643 · fundraising $805,483

• 8 · Pension plan contributions

  total $1,402,652 · program services $1,031,937 · management and general $370,715

• 9 · Other employee benefits

  total $2,153,138 · program services $1,584,073 · management and general $569,065

• 10 · Payroll taxes

  total $1,645,472 · program services $1,210,581 · management and general $434,891

• 11b · Fees: legal

  total $271,472 · program services $199,723 · management and general $71,749

• 11c · Fees: accounting

  total $86,606 · program services $63,716 · management and general $22,890

• 11f · Fees: investment management

  total $221,469 · program services $162,936 · management and general $58,533

• 11g · Fees: other

  total $6,637 · program services $6,637

• 12 · Advertising and promotion

  total $178,207 · fundraising $178,207

• 13 · Office expenses

  total $2,080,559 · management and general $2,080,559

• 16 · Occupancy

  total $1,527,839 · program services $637,365 · management and general $890,474

• 20 · Interest

  total $1,484,358 · program services $1,484,358

• 22 · Depreciation, depletion and amortization

  total $3,855,890 · program services $2,836,796 · management and general $1,019,094

• 23 · Insurance

  total $591,876 · program services $435,446 · management and general $156,430

• 24a · Other expenses: FACULTY TUITION REMISSION

  total $3,313,645 · program services $3,313,645

• 24b · Other expenses: ATHLETIC ACTIVITIES

  total $1,097,427 · program services $1,097,427

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $929,965 · program services $684,179 · management and general $245,786

• 24d · Other expenses: STUDENT ACTIVITIES

  total $530,544 · program services $530,544

• 24e · All other expenses

  total $1,961,576 · program services $1,078,791 · management and general $182,608 · fundraising $700,177

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $40,354,143 · end of year $47,239,240

• 3 · Pledges and grants receivable

  beginning of year $8,920,303 · end of year $8,292,012

• 4 · Accounts receivable

  beginning of year $787,331 · end of year $870,821

• 7 · Other notes and loans receivable

  beginning of year $135,188 · end of year $246,050

• 8 · Inventories for sale or use

  beginning of year $70,063 · end of year $157,216

• 9 · Prepaid expenses and deferred charges

  beginning of year $651,762 · end of year $589,292

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

  $152,502,182

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

  $41,570,162

• 10c · Land, buildings and equipment, net

  beginning of year $101,507,927 · end of year $110,932,020

• 11 · Investments: publicly traded securities

  beginning of year $88,298,824 · end of year $119,869,882

• 12 · Investments: other securities

  beginning of year $374,888

• 14 · Intangible assets

  beginning of year $418,761 · end of year $615,125

• 15 · Other assets

  beginning of year $8,106,302 · end of year $9,193,857

• 17 · Accounts payable and accrued expenses

  beginning of year $3,059,833 · end of year $8,016,345

• 19 · Deferred revenue

  beginning of year $3,860,740 · end of year $3,964,288

• 20 · Tax-exempt bond liabilities

  beginning of year $63,470,677 · end of year $98,508,165

• 23 · Secured mortgages and notes payable

  beginning of year $144,944 · end of year $126,076

• 25 · Other liabilities

  beginning of year $842,203 · end of year $1,608,388

• 27 · Net assets without donor restrictions

  beginning of year $103,958,105 · end of year $114,196,864

• 28 · Net assets with donor restrictions

  beginning of year $74,288,990 · end of year $71,585,389

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4

DARRYL J. FORD 0 383,669 0