Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $208,874

• 1e · Government grants (contributions)

  $253,932

• 1f · All other contributions, gifts and grants

  $837,510

• 1g · Noncash contributions included above

  $31,223

• 2a · Program service revenue: TUITION REVENUE

  total $9,663,283 · related or exempt $9,663,283

• 2b · Program service revenue: TEACHER EDUCATION PROGRAM

  total $1,170,259 · related or exempt $1,170,259

• 3 · Investment income

  total $577,111 · excluded $577,111

• 7a · Gross sales of assets other than inventory

  securities $2,361,467

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

  securities $2,407,907

• 7c · Gain or loss

  securities -$46,440

• 7d · Net gain or loss

  total -$46,440 · excluded -$46,440

• 8a · Fundraising events: gross income

  $173,126

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

  $208,874

• 8b · Fundraising events: direct expenses

  $173,126

• 8c · Net income from fundraising events

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $11,850 · program services $11,850

• 2 · Grants to domestic individuals

  total $1,442,938 · program services $1,442,938

• 5 · Compensation of officers, directors and key employees

  total $1,100,886 · program services $348,684 · management and general $697,520 · fundraising $54,682

• 7 · Other salaries and wages

  total $5,187,975 · program services $4,499,585 · management and general $605,766 · fundraising $82,624

• 8 · Pension plan contributions

  total $454,034 · program services $410,364 · management and general $37,445 · fundraising $6,225

• 9 · Other employee benefits

  total $860,273 · program services $708,943 · management and general $136,604 · fundraising $14,726

• 10 · Payroll taxes

  total $474,120 · program services $372,127 · management and general $92,124 · fundraising $9,869

• 11b · Fees: legal

  total $17,849 · management and general $17,849

• 11c · Fees: accounting

  total $30,000 · management and general $30,000

• 11f · Fees: investment management

  total $31,145 · management and general $31,145

• 11g · Fees: other

  total $309,294 · program services $139,026 · management and general $153,413 · fundraising $16,855

• 13 · Office expenses

  total $113,985 · management and general $88,340 · fundraising $25,645

• 14 · Information technology

  total $221,085 · program services $170,235 · management and general $46,428 · fundraising $4,422

• 16 · Occupancy

  total $682,373 · program services $521,062 · management and general $147,284 · fundraising $14,027

• 22 · Depreciation, depletion and amortization

  total $846,032 · program services $651,444 · management and general $177,667 · fundraising $16,921

• 23 · Insurance

  total $168,667 · program services $130,289 · management and general $35,041 · fundraising $3,337

• 24a · Other expenses: PRG. SUPPLIES & MATERIA

  total $665,991 · program services $665,991

• 24b · Other expenses: STAFF DEVELOPMENT

  total $314,106 · program services $296,087 · management and general $18,019

• 24c · Other expenses: TEACHER EDUCATION PROGR

  total $303,452 · program services $303,452

• 24d · Other expenses: OTHER EXPENSES

  total $155,405 · program services $47,907 · management and general $107,498

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,825,000 · end of year $6,966,619

• 2 · Savings and temporary cash investments

  beginning of year $5,519,356 · end of year $350,799

• 3 · Pledges and grants receivable

  beginning of year $169,896

• 4 · Accounts receivable

  beginning of year $194,869 · end of year $381,350

• 9 · Prepaid expenses and deferred charges

  beginning of year $186,207 · end of year $120,086

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

  $27,684,256

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

  $10,664,934

• 10c · Land, buildings and equipment, net

  beginning of year $15,028,411 · end of year $17,019,322

• 11 · Investments: publicly traded securities

  beginning of year $12,794,081 · end of year $11,892,962

• 15 · Other assets

  beginning of year $1,703,121 · end of year $1,575,594

• 17 · Accounts payable and accrued expenses

  beginning of year $1,529,143 · end of year $1,312,701

• 19 · Deferred revenue

  beginning of year $5,699,402 · end of year $6,780,290

• 25 · Other liabilities

  beginning of year $1,668,024 · end of year $1,494,266

• 27 · Net assets without donor restrictions

  beginning of year $28,524,372 · end of year $28,719,475

The filer's explanations (Part III)

PART I, LINE 4B

MARY BASSO PARTICIPATED IN A SECTION 457(B) DEFERRED COMPENSATION PLAN AND A 457(F) DEFERRED COMPENSATION PLAN.