Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $20,000

• 1f · All other contributions, gifts and grants

  $59,000

• 2a · Program service revenue: OTHER SALES

  total $1,487,496 · related or exempt $1,487,496

• 2b · Program service revenue: TUITION

  total $797,682 · related or exempt $797,682

• 2c · Program service revenue: CUSTOM TRAINING

  total $320,335 · related or exempt $320,335

• 3 · Investment income

  total $9,512 · excluded $9,512

• 10a · Gross sales of inventory

  $144,697

• 10b · Cost of goods sold

  $145,994

• 10c · Net income from sales of inventory

  total -$1,297 · related or exempt -$1,297

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $377,602 · management and general $377,602

• 7 · Other salaries and wages

  total $66,216 · management and general $66,216

• 8 · Pension plan contributions

  total $141 · management and general $141

• 9 · Other employee benefits

  total $41,909 · management and general $41,909

• 10 · Payroll taxes

  total $29,551 · management and general $29,551

• 11c · Fees: accounting

  total $104,718 · management and general $104,718

• 12 · Advertising and promotion

  total $7,880 · management and general $7,880

• 13 · Office expenses

  total $64,482 · program services $20,871 · management and general $43,611

• 14 · Information technology

  total $168,916 · program services $152,024 · management and general $16,892

• 16 · Occupancy

  total $75,858 · program services $68,272 · management and general $7,586

• 17 · Travel

  total $19,267 · management and general $19,267

• 19 · Conferences, conventions and meetings

  total $34,477 · program services $22,603 · management and general $11,874

• 20 · Interest

  total $2,320 · management and general $2,320

• 22 · Depreciation, depletion and amortization

  total $49,162 · program services $44,246 · management and general $4,916

• 23 · Insurance

  total $35,638 · program services $30,770 · management and general $4,868

• 24a · Other expenses: INDIRECT COSTS

  total $1,112,267 · program services $1,112,267

• 24b · Other expenses: OTHER DIRECT COSTS

  total $470,560 · program services $470,560

• 24c · Other expenses: NORTHLAKE TUITION

  total $249,852 · program services $249,852

• 24d · Other expenses: INSTRUCTORS STIPEND

  total $149,684 · program services $149,684

• 24e · All other expenses

  total $65,366 · program services $19,135 · management and general $46,231

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $724,205 · end of year $265,062

• 4 · Accounts receivable

  beginning of year $1,062,200 · end of year $1,614,827

• 8 · Inventories for sale or use

  beginning of year $28,661 · end of year $43,938

• 9 · Prepaid expenses and deferred charges

  beginning of year $28,016 · end of year $40,680

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

  $512,233

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

  $402,435

• 10c · Land, buildings and equipment, net

  beginning of year $124,654 · end of year $109,798

• 15 · Other assets

  beginning of year $0 · end of year $428,979

• 17 · Accounts payable and accrued expenses

  beginning of year $844,962 · end of year $1,381,210

• 19 · Deferred revenue

  beginning of year $22,213 · end of year $33,030

• 25 · Other liabilities

  beginning of year $57,752 · end of year $479,373

• 27 · Net assets without donor restrictions

  beginning of year $1,042,809 · end of year $609,671

The filer's explanations (Part III)

PART I, LINE 3

POLICIES - PROCESS OF DETERMINING CEO/EXECUTIVE DIRECTOR COMPENSATION THE EXECUTIVE BOARD MEMBERS DETERMINE AND APPROVE THE COMPENSATION AND/OR RAISES FOR THE EXECUTIVE DIRECTOR/PRESIDENT.