Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $2,032,867

• 1f · All other contributions, gifts and grants

  $708,018

• 2a · Program service revenue: GOVT FUNDING PER PUPIL

  total $24,458,048 · related or exempt $24,458,048

• 3 · Investment income

  total $106,214 · excluded $106,214

• 7a · Gross sales of assets other than inventory

  securities $424,998

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

  securities $424,998

• 7c · Gain or loss

  securities $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,467,306 · program services $1,320,576 · management and general $146,730

• 7 · Other salaries and wages

  total $15,117,347 · program services $13,970,075 · management and general $1,147,272

• 8 · Pension plan contributions

  total $271,660 · program services $247,089 · management and general $24,571

• 9 · Other employee benefits

  total $1,959,341 · program services $1,877,265 · management and general $82,076

• 10 · Payroll taxes

  total $1,217,056 · program services $1,162,860 · management and general $54,196

• 11a · Fees: management

  total $2,730,848 · program services $1,911,593 · management and general $546,169 · fundraising $273,086

• 11b · Fees: legal

  total $23,329 · management and general $23,329

• 11c · Fees: accounting

  total $72,974 · management and general $72,974

• 11g · Fees: other

  total $888,647 · program services $870,311 · management and general $18,336

• 13 · Office expenses

  total $202,035 · program services $69,263 · management and general $132,772

• 14 · Information technology

  total $546,300 · program services $546,300

• 16 · Occupancy

  total $2,122,036 · program services $2,122,036

• 22 · Depreciation, depletion and amortization

  total $33,319 · program services $23,592 · management and general $9,727

• 23 · Insurance

  total $242,434 · program services $209,925 · management and general $32,509

• 24a · Other expenses: CLASSROOM SUPPLIES

  total $836,167 · program services $835,376 · management and general $791

• 24b · Other expenses: STUDENT SERVICES

  total $815,081 · program services $815,081

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $452,687 · program services $452,687

• 24d · Other expenses: MARKETING & RECRUITMENT

  total $245,259 · program services $245,259

• 24e · All other expenses

  total $300,938 · program services $300,062 · management and general $876

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $448,839 · end of year $1,699,771

• 2 · Savings and temporary cash investments

  beginning of year $3,103,704 · end of year $3,243,181

• 3 · Pledges and grants receivable

  beginning of year $2,646,721 · end of year $1,627,177

• 4 · Accounts receivable

  beginning of year $33,678 · end of year $12,639

• 9 · Prepaid expenses and deferred charges

  beginning of year $51,383 · end of year $36,281

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

  $771,886

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

  $658,928

• 10c · Land, buildings and equipment, net

  beginning of year $146,277 · end of year $112,958

• 15 · Other assets

  beginning of year $54,099,116 · end of year $52,812,459

• 17 · Accounts payable and accrued expenses

  beginning of year $1,590,129 · end of year $2,068,642

• 25 · Other liabilities

  beginning of year $56,546,539 · end of year $57,243,176

• 27 · Net assets without donor restrictions

  beginning of year $2,389,470 · end of year $232,648

• 28 · Net assets with donor restrictions

  beginning of year $3,580 · end of year $0

The filer's explanations (Part III)

PART I, LINE 7

DISCRETIONARY BONUSES WERE AWARDED TO CERTAIN EMPLOYEES DURING THE YEAR.