Form 990 for tax year 2022

1f · All other contributions, gifts and grants

$4,879,436

1g · Noncash contributions included above

$189,267

2a · Program service revenue: TUITION

total $4,238,157 · related or exempt $4,238,157

3 · Investment income

total $929,863 · unrelated business $5,373 · excluded $924,490

7a · Gross sales of assets other than inventory

securities $7,900,817

7b · Less cost or other basis and sales expenses

securities $6,621,141

7c · Gain or loss

securities $1,279,676

7d · Net gain or loss

total $1,279,676 · excluded $1,279,676

1 · Grants to domestic organizations and governments

total $217,654 · program services $217,654

2 · Grants to domestic individuals

total $3,847,645 · program services $3,847,645

5 · Compensation of officers, directors and key employees

total $434,850 · program services $334,175 · management and general $58,829 · fundraising $41,846

7 · Other salaries and wages

total $2,941,506 · program services $2,260,502 · management and general $397,942 · fundraising $283,062

8 · Pension plan contributions

total $78,865 · program services $60,607 · management and general $10,669 · fundraising $7,589

9 · Other employee benefits

total $203,632 · program services $156,488 · management and general $27,548 · fundraising $19,596

10 · Payroll taxes

total $258,655 · program services $198,772 · management and general $34,992 · fundraising $24,891

11b · Fees: legal

total $7,045 · management and general $7,045

11c · Fees: accounting

total $108,289 · management and general $108,289

11f · Fees: investment management

total $181,312 · management and general $181,312

11g · Fees: other

total $42,163 · management and general $42,163

13 · Office expenses

total $49,687 · program services $39,750 · management and general $7,453 · fundraising $2,484

14 · Information technology

total $44,202 · program services $26,521 · management and general $13,261 · fundraising $4,420

16 · Occupancy

total $118,469 · program services $118,469

17 · Travel

total $5,564 · program services $5,564

22 · Depreciation, depletion and amortization

total $442,903 · program services $376,468 · management and general $66,435

23 · Insurance

total $71,001 · program services $60,351 · management and general $10,650

24a · Other expenses: INSTRUCTIONAL AND OTHER

total $595,892 · program services $581,345 · management and general $14,547

24b · Other expenses: CAFETERIA EXPENSES

total $284,946 · program services $284,946

24c · Other expenses: CATERING COST

total $90,857 · fundraising $90,857

1 · Cash, non-interest-bearing

beginning of year $2,901,516 · end of year $2,589,705

2 · Savings and temporary cash investments

beginning of year $1,323,283 · end of year $1,876,885

3 · Pledges and grants receivable

beginning of year $1,452,485 · end of year $781,246

5 · Loans and receivables from officers and key people

beginning of year $100,000 · end of year $67,000

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

$22,119,590

10b · Land, buildings and equipment: accumulated depreciation

$5,933,507

10c · Land, buildings and equipment, net

beginning of year $16,481,615 · end of year $16,186,083

11 · Investments: publicly traded securities

beginning of year $22,282,361 · end of year $27,554,261

12 · Investments: other securities

beginning of year $21,177,793 · end of year $19,031,758

15 · Other assets

beginning of year $64,930 · end of year $18,866

17 · Accounts payable and accrued expenses

beginning of year $162,671 · end of year $210,869

23 · Secured mortgages and notes payable

end of year $54,854

27 · Net assets without donor restrictions

beginning of year $44,641,396 · end of year $45,679,312

28 · Net assets with donor restrictions

beginning of year $20,979,916 · end of year $22,160,769