Form 990 for tax year 2023

1c · Fundraising events

$829,258

1f · All other contributions, gifts and grants

$3,245,953

2a · Program service revenue: TUITION AND STUDENT PROGR

total $8,508,086 · related or exempt $8,508,086

8a · Fundraising events: gross income

$55,875

8a · Fundraising events: contributions included on line 1c

$829,258

8b · Fundraising events: direct expenses

$115,248

8c · Net income from fundraising events

total -$59,373 · excluded -$59,373

2 · Grants to domestic individuals

total $1,440,287 · program services $1,440,287

7 · Other salaries and wages

total $5,644,799 · program services $4,572,287 · management and general $846,720 · fundraising $225,792

8 · Pension plan contributions

total $71,113 · program services $57,601 · management and general $10,667 · fundraising $2,845

9 · Other employee benefits

total $337,368 · program services $273,268 · management and general $50,605 · fundraising $13,495

10 · Payroll taxes

total $355,133 · program services $287,658 · management and general $53,270 · fundraising $14,205

12 · Advertising and promotion

total $103,119 · fundraising $103,119

13 · Office expenses

total $254,760 · management and general $254,760

20 · Interest

total $237,455 · management and general $237,455

22 · Depreciation, depletion and amortization

total $385,527 · program services $385,527

23 · Insurance

total $45,294 · management and general $45,294

24a · Other expenses: EDUCATION COSTS

total $1,320,276 · program services $1,320,276

24b · Other expenses: MAINTENANCE

total $278,275 · management and general $278,275

24c · Other expenses: BAD DEBT EXPENSE

total $272,147 · program services $272,147

24d · Other expenses: UTILITIES

total $136,663 · management and general $136,663

24e · All other expenses

total $163,429 · program services $44,734 · management and general $118,695

1 · Cash, non-interest-bearing

beginning of year $1,494,169 · end of year $2,280,185

3 · Pledges and grants receivable

beginning of year $188,350 · end of year $2,260,578

4 · Accounts receivable

beginning of year $78,751 · end of year $80,950

7 · Other notes and loans receivable

beginning of year $110,550

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

$15,003,549

10b · Land, buildings and equipment: accumulated depreciation

$5,487,538

10c · Land, buildings and equipment, net

beginning of year $9,827,021 · end of year $9,516,011

14 · Intangible assets

beginning of year $70,311 · end of year $62,498

15 · Other assets

beginning of year $843,736 · end of year $11,536

17 · Accounts payable and accrued expenses

beginning of year $900,312 · end of year $1,046,637

19 · Deferred revenue

beginning of year $587,686 · end of year $711,541

23 · Secured mortgages and notes payable

beginning of year $5,673,850 · end of year $5,536,095

27 · Net assets without donor restrictions

beginning of year $5,451,040 · end of year $5,293,229

28 · Net assets with donor restrictions

end of year $1,624,256