Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $6,219,228

• 1g · Noncash contributions included above

  $504

• 2a · Program service revenue: TUITION

  total $23,147,477 · related or exempt $23,147,477

• 2b · Program service revenue: OTHER SCHOOL EVENTS

  total $2,442,214 · related or exempt $2,442,214

• 3 · Investment income

  total $8,565,343 · excluded $8,565,343

• 5 · Royalties

  total $11,435 · excluded $11,435

• 6a · Gross rents

  real property $111,491

• 6c · Rental income or loss

  real property $111,491

• 6d · Net rental income or loss

  total $111,491 · excluded $111,491

• 8c · Net income from fundraising events

  total $0

• 10a · Gross sales of inventory

  $354,061

• 10b · Cost of goods sold

  $363,042

• 10c · Net income from sales of inventory

  total -$8,981 · related or exempt -$8,981

• 11a · Other revenue: FAILED PAYMENT FEES

  total $11,009 · related or exempt $11,009

• 11b · Other revenue: MISC INCOME-OPERATING

  total $334,407 · related or exempt $334,407

• 11e · Other revenue, total

  $345,416

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,801,825 · program services $3,801,825

• 5 · Compensation of officers, directors and key employees

  total $1,826,270 · management and general $1,826,270

• 7 · Other salaries and wages

  total $16,914,458 · program services $14,035,511 · management and general $2,263,064 · fundraising $615,883

• 8 · Pension plan contributions

  total $937,767 · program services $692,011 · management and general $218,711 · fundraising $27,045

• 9 · Other employee benefits

  total $1,825,784 · program services $927,512 · management and general $854,978 · fundraising $43,294

• 10 · Payroll taxes

  total $1,486,417 · program services $1,113,376 · management and general $326,987 · fundraising $46,054

• 11b · Fees: legal

  total $99,104 · program services $444 · management and general $98,438 · fundraising $222

• 11c · Fees: accounting

  total $122,926 · program services $105 · management and general $122,821

• 11g · Fees: other

  total $1,472,502 · program services $342,110 · management and general $1,021,456 · fundraising $108,936

• 12 · Advertising and promotion

  total $210,646 · program services $100,723 · management and general $23,941 · fundraising $85,982

• 13 · Office expenses

  total $85,204 · program services $53,861 · management and general $20,464 · fundraising $10,879

• 14 · Information technology

  total $167,001 · program services $39,724 · management and general $100,290 · fundraising $26,987

• 16 · Occupancy

  total $1,311,468 · program services $5,619 · management and general $1,305,849

• 17 · Travel

  total $424,627 · program services $396,594 · management and general $11,915 · fundraising $16,118

• 22 · Depreciation, depletion and amortization

  total $2,712,783 · management and general $2,712,783

• 23 · Insurance

  total $479,403 · program services $2,864 · management and general $476,539

• 24a · Other expenses: PROGRAMS & CURRICULUM

  total $2,969,748 · program services $1,331,938 · management and general $1,560,440 · fundraising $77,370

• 24b · Other expenses: FINANCIAL AID - WRITE-OFFS

  total $1,004,537 · program services $1,004,537

• 24c · Other expenses: SECURITY

  total $874,628 · management and general $874,628

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $276,349 · program services $154,922 · management and general $98,906 · fundraising $22,521

• 24e · All other expenses

  total $1,403,234 · program services $782,676 · management and general $492,677 · fundraising $127,881

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,242,766 · end of year $5,704,103

• 2 · Savings and temporary cash investments

  end of year $460,098

• 3 · Pledges and grants receivable

  beginning of year $269,487 · end of year $3,644,462

• 4 · Accounts receivable

  beginning of year $10,311,537 · end of year $11,297,614

• 8 · Inventories for sale or use

  beginning of year $362,634 · end of year $94,928

• 9 · Prepaid expenses and deferred charges

  beginning of year $340,164 · end of year $669,578

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

  $93,103,870

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

  $52,808,309

• 10c · Land, buildings and equipment, net

  beginning of year $42,845,412 · end of year $40,295,561

• 12 · Investments: other securities

  beginning of year $77,563,169 · end of year $76,531,832

• 15 · Other assets

  beginning of year $222,502 · end of year $1,696,133

• 17 · Accounts payable and accrued expenses

  beginning of year $85,078 · end of year $1,018,022

• 19 · Deferred revenue

  beginning of year $17,580,147 · end of year $19,141,653

• 25 · Other liabilities

  beginning of year $793,361 · end of year $108,607

• 27 · Net assets without donor restrictions

  beginning of year $46,412,720 · end of year $43,688,206

• 28 · Net assets with donor restrictions

  beginning of year $73,286,365 · end of year $76,437,821

The filer's explanations (Part III)

Benefit information (Part I, line 1a)

THE ORGANIZATION PROVIDES A MINIMAL DISCRETIONARY SPENDING ACCOUNT FOR THE HEAD OF SCHOOL TO BE USED FOR BUSINESS RELATED EXPENSES.