Form 990 for tax year 2024

1e · Government grants (contributions)

$24,915,712

1f · All other contributions, gifts and grants

$1,292,877

2a · Program service revenue: TUITION AND FEES

total $3,121,402 · related or exempt $3,121,402

2b · Program service revenue: OTHER EDUCATIONAL SALES AND SERVI

total $487,126 · related or exempt $487,126

3 · Investment income

total $2,585,508 · excluded $2,585,508

6a · Gross rents

real property $382,750

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $382,750

6d · Net rental income or loss

total $382,750 · excluded $382,750

7a · Gross sales of assets other than inventory

other assets $4,000

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $4,000

7d · Net gain or loss

total $4,000 · excluded $4,000

11a · Other revenue: OTHER REVENUE

total $343,892 · related or exempt $343,892

11e · Other revenue, total

$343,892

2 · Grants to domestic individuals

total $4,323,052 · program services $4,323,052

5 · Compensation of officers, directors and key employees

total $531,901 · program services $374,738 · management and general $157,163

7 · Other salaries and wages

total $13,914,760 · program services $9,697,855 · management and general $4,216,905

9 · Other employee benefits

total $3,711,125 · program services $2,583,458 · management and general $1,127,667

11c · Fees: accounting

total $82,065 · program services $77,962 · management and general $4,103

11f · Fees: investment management

total $344,926 · management and general $344,926

11g · Fees: other

total $1,224,096 · program services $1,156,650 · management and general $67,446

12 · Advertising and promotion

total $155,563 · program services $147,785 · management and general $7,778

13 · Office expenses

total $123,669 · program services $115,604 · management and general $8,065

16 · Occupancy

total $920,532 · program services $874,505 · management and general $46,027

17 · Travel

total $788,642 · program services $749,210 · management and general $39,432

19 · Conferences, conventions and meetings

total $244,766 · program services $232,528 · management and general $12,238

20 · Interest

total $45,278 · program services $43,014 · management and general $2,264

22 · Depreciation, depletion and amortization

total $1,969,529 · program services $1,879,724 · management and general $89,805

23 · Insurance

total $464,639 · program services $441,407 · management and general $23,232

24a · Other expenses: REPAIRS

total $1,660,740 · program services $1,659,926 · management and general $814

24b · Other expenses: SUPPLIES

total $1,068,458 · program services $1,015,035 · management and general $53,423

24c · Other expenses: SUBCONTRACT EXPENSES

total $564,116 · program services $535,910 · management and general $28,206

24d · Other expenses: MISCELLANEOUS

total $313,616 · program services $297,936 · management and general $15,680

24e · All other expenses

total $515,598 · program services $489,818 · management and general $25,780

1 · Cash, non-interest-bearing

beginning of year $1,820,960 · end of year $912,349

2 · Savings and temporary cash investments

beginning of year $726,668 · end of year $835,828

3 · Pledges and grants receivable

beginning of year $3,592,107 · end of year $4,290,566

4 · Accounts receivable

beginning of year $58,451 · end of year $274,678

7 · Other notes and loans receivable

beginning of year $2,741 · end of year $2,741

8 · Inventories for sale or use

beginning of year $58,902 · end of year $76,502

9 · Prepaid expenses and deferred charges

beginning of year $93,361 · end of year $104,630

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

$53,509,274

10b · Land, buildings and equipment: accumulated depreciation

$27,997,295

10c · Land, buildings and equipment, net

beginning of year $25,663,618 · end of year $25,511,979

11 · Investments: publicly traded securities

beginning of year $41,055,906 · end of year $39,891,301

14 · Intangible assets

beginning of year $961,677 · end of year $885,542

15 · Other assets

beginning of year $13,980 · end of year $13,980

17 · Accounts payable and accrued expenses

beginning of year $2,564,744 · end of year $2,488,793

19 · Deferred revenue

beginning of year $14,285,853 · end of year $11,556,549

23 · Secured mortgages and notes payable

beginning of year $515,555 · end of year $462,048

25 · Other liabilities

beginning of year $1,271,050 · end of year $1,251,146

29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $25,145,695 · end of year $25,012,680

31 · Retained earnings, endowment or other funds

beginning of year $30,265,474 · end of year $32,028,880