Form 990 for tax year 2022

1e · Government grants (contributions)

$1,762,595

1f · All other contributions, gifts and grants

$65,499

2a · Program service revenue: TUITION AND FEES

total $22,051,931 · related or exempt $22,051,931

11a · Other revenue: OTHER INCOME

total $2,745 · excluded $2,745

11e · Other revenue, total

$2,745

5 · Compensation of officers, directors and key employees

total $195,147 · management and general $195,147

7 · Other salaries and wages

total $15,536,590 · program services $14,672,267 · management and general $864,323

8 · Pension plan contributions

total $469,830 · program services $451,051 · management and general $18,779

9 · Other employee benefits

total $1,112,203 · program services $1,080,035 · management and general $32,168

10 · Payroll taxes

total $1,606,211 · program services $1,504,239 · management and general $101,972

11a · Fees: management

total $1,875,913 · management and general $1,875,913

11g · Fees: other

total $99,196 · program services $88,421 · management and general $10,775

13 · Office expenses

total $10,258 · program services $10,258

16 · Occupancy

total $812,181 · program services $812,181

17 · Travel

total $13,784 · program services $13,784

19 · Conferences, conventions and meetings

total $1,311 · program services $1,311

20 · Interest

total $66,478 · management and general $66,478

22 · Depreciation, depletion and amortization

total $671,003 · program services $671,003

23 · Insurance

total $227,340 · program services $227,340

24a · Other expenses: REPAIRS AND MAINTENANCE

total $370,238 · program services $370,238

24b · Other expenses: SUPPLIES AND EQUIPMENT

total $284,226 · program services $284,226

24c · Other expenses: STAFF DEVELOPMENT/RECRU

total $243,043 · program services $243,043

24d · Other expenses: FOOD

total $194,244 · program services $194,244

24e · All other expenses

total $200,459 · program services $200,459

4 · Accounts receivable

beginning of year $2,047,524 · end of year $2,686,027

9 · Prepaid expenses and deferred charges

beginning of year $50,837 · end of year $199,149

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

$11,066,510

10b · Land, buildings and equipment: accumulated depreciation

$9,174,555

10c · Land, buildings and equipment, net

beginning of year $2,060,227 · end of year $1,891,955

15 · Other assets

beginning of year $0 · end of year $2,134,777

17 · Accounts payable and accrued expenses

beginning of year $1,548,019 · end of year $1,838,605

19 · Deferred revenue

beginning of year $108,229 · end of year $5,313

23 · Secured mortgages and notes payable

beginning of year $432,629 · end of year $225,442

25 · Other liabilities

beginning of year $447,138 · end of year $3,326,860

27 · Net assets without donor restrictions

beginning of year $1,622,573 · end of year $1,515,688