Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $1,725

• 1f · All other contributions, gifts and grants

  $391,619

• 1g · Noncash contributions included above

  $79,816

• 2a · Program service revenue: RESIDENT SUPPORT FEES

  total $27,546 · related or exempt $27,546

• 3 · Investment income

  total $9 · excluded $9

• 5 · Royalties

  total $738,449 · excluded $738,449

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

  other assets $4,500

• 7c · Gain or loss

  other assets -$4,500

• 7d · Net gain or loss

  total -$4,500 · excluded -$4,500

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $1,262,106 · program services $1,222,765 · management and general $39,341

• 8 · Pension plan contributions

  total $75,139 · program services $73,406 · management and general $1,733

• 9 · Other employee benefits

  total $205,424 · program services $200,610 · management and general $4,814

• 10 · Payroll taxes

  total $94,052 · program services $91,139 · management and general $2,913

• 13 · Office expenses

  total $47,480 · program services $47,480

• 14 · Information technology

  total $7,960 · program services $7,960

• 16 · Occupancy

  total $383,286 · program services $360,258 · management and general $23,028

• 17 · Travel

  total $8,451 · program services $8,451

• 19 · Conferences, conventions and meetings

  total $2,063 · program services $2,063

• 22 · Depreciation, depletion and amortization

  total $325,883 · program services $319,618 · management and general $6,265

• 23 · Insurance

  total $148,197 · program services $130,749 · management and general $11,872 · fundraising $5,576

• 24a · Other expenses: STUDENT ALLOWANCES

  total $122,571 · program services $122,571

• 24b · Other expenses: FOOD EXPENSES

  total $64,547 · program services $64,547

• 24c · Other expenses: HOUSEHOLD EXPENSES

  total $64,426 · program services $64,426

• 24d · Other expenses: AUTOMOBILE EXPENSE

  total $58,109 · program services $57,896 · management and general $213

• 24e · All other expenses

  total $57,746 · program services $50,936 · management and general $6,810

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,042,036 · end of year $7,843,587

• 4 · Accounts receivable

  beginning of year $8,248 · end of year $6,311

• 8 · Inventories for sale or use

  beginning of year $6,628 · end of year $8,457

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $40,677

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

  $11,792,902

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

  $7,481,952

• 10c · Land, buildings and equipment, net

  beginning of year $4,123,490 · end of year $4,310,950

• 11 · Investments: publicly traded securities

  beginning of year $32,725 · end of year $32,725

• 15 · Other assets

  beginning of year $46,170 · end of year $42,980

• 17 · Accounts payable and accrued expenses

  beginning of year $71,167 · end of year $0

• 25 · Other liabilities

  beginning of year $1,860,434 · end of year $3,759,457

• 27 · Net assets without donor restrictions

  beginning of year $9,133,445 · end of year $7,331,979

• 28 · Net assets with donor restrictions

  beginning of year $1,194,251 · end of year $1,194,251

The filer's explanations (Part III)

PART I, LINE 3

THE BOARD OF DIRECTORS USED AN INDEPENDENT COMPENSATION CONSULTANT AND COMPARABLE COMPENSATION FROM SIMILAR ORGANIZATIONS TO DETERMINE THE SALARY OF TROY ROBERTSON, PRESIDENT. THE SALARY ARRANGEMENT WAS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES.