Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $4,135

• 1d · Related organizations

  $1,150

• 1e · Government grants (contributions)

  $443,009

• 1f · All other contributions, gifts and grants

  $150,561

• 2a · Program service revenue: TUITION AND FEES

  total $4,261,788 · related or exempt $4,261,788

• 3 · Investment income

  total $163,721 · excluded $163,721

• 11a · Other revenue: OTHER INCOME

  total $67,497 · related or exempt $61,087 · excluded $6,410

• 11e · Other revenue, total

  $67,497

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $160,187 · program services $160,187

• 7 · Other salaries and wages

  total $3,174,668 · program services $2,712,740 · management and general $461,928

• 8 · Pension plan contributions

  total $89,172 · program services $76,197 · management and general $12,975

• 9 · Other employee benefits

  total $363,825 · program services $318,280 · management and general $45,545

• 10 · Payroll taxes

  total $233,359 · program services $199,404 · management and general $33,955

• 11b · Fees: legal

  total $1,081 · management and general $1,081

• 11c · Fees: accounting

  total $23,768 · management and general $23,768

• 11g · Fees: other

  total $17,622 · program services $9,152 · management and general $8,470

• 12 · Advertising and promotion

  total $37,004 · program services $36,125 · management and general $879

• 13 · Office expenses

  total $158,653 · program services $139,472 · management and general $19,181

• 16 · Occupancy

  total $186,761 · program services $185,442 · management and general $1,319

• 20 · Interest

  total $6,408 · program services $6,363 · management and general $45

• 22 · Depreciation, depletion and amortization

  total $153,048 · program services $152,389 · management and general $659

• 23 · Insurance

  total $37,750 · program services $34,236 · management and general $3,514

• 24a · Other expenses: STUDENT ACTIVITIES

  total $68,255 · program services $68,255

• 24b · Other expenses: OTHER INSTRUCTIONAL

  total $26,824 · program services $21,608 · management and general $5,216

• 24c · Other expenses: VEHICLE AND EQUIPMENT M

  total $308 · program services $308

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $35,680 · end of year $407,847

• 3 · Pledges and grants receivable

  beginning of year $5,630 · end of year $19,205

• 4 · Accounts receivable

  beginning of year $249,273 · end of year $264,147

• 9 · Prepaid expenses and deferred charges

  beginning of year $39,755 · end of year $18,859

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

  $4,001,723

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

  $2,823,122

• 10c · Land, buildings and equipment, net

  beginning of year $1,072,198 · end of year $1,178,601

• 11 · Investments: publicly traded securities

  beginning of year $3,982,258 · end of year $4,353,237

• 15 · Other assets

  beginning of year $292,495 · end of year $370,038

• 17 · Accounts payable and accrued expenses

  beginning of year $516,056 · end of year $578,741

• 19 · Deferred revenue

  beginning of year $1,503 · end of year $345,467

• 23 · Secured mortgages and notes payable

  beginning of year $233,000 · end of year $233,000

• 25 · Other liabilities

  beginning of year $330,149 · end of year $302,717

• 27 · Net assets without donor restrictions

  beginning of year $2,445,928 · end of year $2,740,183

• 28 · Net assets with donor restrictions

  beginning of year $2,150,653 · end of year $2,411,826

The filer's explanations (Part III)

PART I, LINE 3

EDUCATION SUCCESS NETWORK, INC., A RELATED ORGANIZATION, WAS RESPONSIBLE FOR PAYING THE COMPENSATION FOR THE NORMAN HOWARD SCHOOL'S CEO. COMPENSATION FOR EXECUTIVES OF EDUCATION SUCCESS NETWORK, INC. AND OTHER KEY EMPLOYEES IS REVIEWED BY THE HUMAN RESOURCE COMMITTEE. COMPARATIVE SALARY INFORMATION IS REVIEWED.