Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $392,690

• 1e · Government grants (contributions)

  $193,894

• 1f · All other contributions, gifts and grants

  $2,612,716

• 1g · Noncash contributions included above

  $168,306

• 2a · Program service revenue: Student Tuition

  total $39,997,241 · related or exempt $39,997,241

• 2b · Program service revenue: Food Service

  total $2,110,252 · related or exempt $2,110,252

• 2c · Program service revenue: Bus Service

  total $1,902,272 · related or exempt $1,902,272

• 2d · Program service revenue: Summer Programs

  total $764,569 · related or exempt $764,569

• 2e · Program service revenue: Ice Arena

  total $511,843 · related or exempt $511,843

• 2f · All other program service revenue

  total $1,145,487 · related or exempt $1,145,487

• 3 · Investment income

  total $1,278,983 · unrelated business $673,164 · excluded $605,819

• 7a · Gross sales of assets other than inventory

  securities $57,715,138 · other assets $335,394

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

  securities $57,686,862 · other assets $192,607

• 7c · Gain or loss

  securities $28,276 · other assets $142,787

• 7d · Net gain or loss

  total $171,063 · excluded $171,063

• 8a · Fundraising events: gross income

  $108,168

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

  $392,690

• 8b · Fundraising events: direct expenses

  $130,018

• 8c · Net income from fundraising events

  total -$21,850 · excluded -$21,850

• 10a · Gross sales of inventory

  $422,479

• 10b · Cost of goods sold

  $259,538

• 10c · Net income from sales of inventory

  total $162,941 · excluded $162,941

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $8,023,203 · program services $8,023,203

• 3 · Grants to foreign organizations and individuals

  total $46,654 · program services $46,654

• 5 · Compensation of officers, directors and key employees

  total $1,712,736 · program services $278,736 · management and general $1,434,000

• 7 · Other salaries and wages

  total $21,122,086 · program services $18,792,798 · management and general $1,653,105 · fundraising $676,183

• 8 · Pension plan contributions

  total $1,529,010 · program services $1,419,921 · management and general $59,093 · fundraising $49,996

• 9 · Other employee benefits

  total $3,769,092 · program services $2,708,081 · management and general $849,805 · fundraising $211,206

• 10 · Payroll taxes

  total $1,645,318 · program services $1,385,869 · management and general $211,354 · fundraising $48,095

• 11b · Fees: legal

  total $100,980 · management and general $100,980

• 11c · Fees: accounting

  total $49,377 · management and general $49,377

• 11f · Fees: investment management

  total $383,469 · management and general $383,469

• 11g · Fees: other

  total $3,029,564 · program services $2,587,013 · management and general $408,750 · fundraising $33,801

• 12 · Advertising and promotion

  total $158,878 · program services $15,754 · management and general $141,899 · fundraising $1,225

• 13 · Office expenses

  total $653,867 · program services $450,055 · management and general $176,952 · fundraising $26,860

• 14 · Information technology

  total $449,753 · program services $164,911 · management and general $241,541 · fundraising $43,301

• 15 · Royalties

  total $2,351 · program services $2,351

• 16 · Occupancy

  total $1,852,983 · program services $1,586,575 · management and general $244,828 · fundraising $21,580

• 17 · Travel

  total $408,756 · program services $404,832 · management and general $3,924

• 19 · Conferences, conventions and meetings

  total $582,660 · program services $451,699 · management and general $120,140 · fundraising $10,821

• 20 · Interest

  total $260,426 · program services $245,754 · management and general $13,482 · fundraising $1,190

• 22 · Depreciation, depletion and amortization

  total $3,372,441 · program services $3,226,596 · management and general $128,288 · fundraising $17,557

• 23 · Insurance

  total $509,507 · program services $93,039 · management and general $416,468

• 24a · Other expenses: Student Activity Expens

  total $995,507 · program services $995,507

• 24b · Other expenses: Athletic Expenses

  total $614,988 · program services $614,988

• 24c · Other expenses: Classroom Expenses

  total $394,966 · program services $394,966

• 24d · Other expenses: Event Expenses

  total $79,565 · management and general $44,459 · fundraising $35,106

• 24e · All other expenses

  total $768,549 · program services $369,527 · management and general $326,558 · fundraising $72,464

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,563,377 · end of year $24,284,529

• 2 · Savings and temporary cash investments

  beginning of year $2,663,815 · end of year $2,716,482

• 3 · Pledges and grants receivable

  beginning of year $530,126 · end of year $1,439,782

• 4 · Accounts receivable

  beginning of year $10,974,855 · end of year $7,408,556

• 7 · Other notes and loans receivable

  beginning of year $18,123 · end of year $119,915

• 8 · Inventories for sale or use

  beginning of year $104,212 · end of year $133,966

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,725,394 · end of year $3,322,445

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

  $91,480,698

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

  $44,279,118

• 10c · Land, buildings and equipment, net

  beginning of year $48,479,016 · end of year $47,201,580

• 12 · Investments: other securities

  beginning of year $65,787,524 · end of year $67,972,745

• 15 · Other assets

  beginning of year $229,044 · end of year $238,556

• 17 · Accounts payable and accrued expenses

  beginning of year $2,678,942 · end of year $3,095,972

• 19 · Deferred revenue

  beginning of year $21,639,444 · end of year $22,404,293

• 20 · Tax-exempt bond liabilities

  beginning of year $7,706,586 · end of year $7,081,586

• 23 · Secured mortgages and notes payable

  beginning of year $907,640 · end of year $499,520

• 25 · Other liabilities

  beginning of year $1,207,091 · end of year $1,547,766

• 27 · Net assets without donor restrictions

  beginning of year $53,311,938 · end of year $53,998,895

• 28 · Net assets with donor restrictions

  beginning of year $62,623,845 · end of year $66,210,524

The filer's explanations (Part III)

Part I, Line 4b

Natalia Hernandez participates in a 457(f) supplemental nonqualified retirement plan. During the fiscal year ending June 30, 2023, a payment of $20,000 was made. The payment did not become vested until tax year 2023 and is currently included in Schedule J Part II Column (C).

Part I, Line 7

Bonuses and other forms of variable compensation are paid to individuals based on job performance of assigned duties.