Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $373,330

• 1e · Government grants (contributions)

  $595,063

• 1f · All other contributions, gifts and grants

  $1,089,939

• 1g · Noncash contributions included above

  $132,818

• 2a · Program service revenue: TUITION

  total $10,951,801 · related or exempt $10,951,801

• 2b · Program service revenue: FEES

  total $1,181,174 · related or exempt $1,181,174

• 3 · Investment income

  total $290,994 · excluded $290,994

• 7a · Gross sales of assets other than inventory

  securities $4,389,043

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

  securities $4,382,020

• 7c · Gain or loss

  securities $7,023

• 7d · Net gain or loss

  total $7,023 · excluded $7,023

• 8a · Fundraising events: gross income

  $15,165

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

  $373,330

• 8b · Fundraising events: direct expenses

  $96,908

• 8c · Net income from fundraising events

  total -$81,743 · excluded -$81,743

• 9a · Gaming: gross income

  $42,630

• 9b · Gaming: direct expenses

  $16,534

• 9c · Net income from gaming

  total $26,096 · excluded $26,096

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,282,853 · program services $1,282,853

• 5 · Compensation of officers, directors and key employees

  total $513,840 · program services $414,973 · management and general $78,121 · fundraising $20,746

• 7 · Other salaries and wages

  total $5,763,521 · program services $4,654,582 · management and general $876,257 · fundraising $232,682

• 8 · Pension plan contributions

  total $187,500 · program services $151,424 · management and general $28,506 · fundraising $7,570

• 9 · Other employee benefits

  total $815,169 · program services $658,325 · management and general $123,935 · fundraising $32,909

• 10 · Payroll taxes

  total $634,044 · program services $512,050 · management and general $96,397 · fundraising $25,597

• 11b · Fees: legal

  total $10,946 · management and general $10,946

• 11c · Fees: accounting

  total $64,241 · management and general $64,241

• 11d · Fees: lobbying

  total $30,200 · management and general $30,200

• 11f · Fees: investment management

  total $15,050 · management and general $15,050

• 11g · Fees: other

  total $13,874 · management and general $13,874

• 12 · Advertising and promotion

  total $130,268 · management and general $102,935 · fundraising $27,333

• 13 · Office expenses

  total $71,971 · program services $57,717 · management and general $11,263 · fundraising $2,991

• 14 · Information technology

  total $90,493 · program services $72,571 · management and general $14,162 · fundraising $3,760

• 16 · Occupancy

  total $528,319 · program services $426,667 · management and general $80,323 · fundraising $21,329

• 17 · Travel

  total $76,978 · program services $61,733 · management and general $12,047 · fundraising $3,198

• 19 · Conferences, conventions and meetings

  total $48,364 · program services $48,064 · fundraising $300

• 20 · Interest

  total $189,511 · management and general $189,511

• 22 · Depreciation, depletion and amortization

  total $803,505 · program services $648,905 · management and general $122,161 · fundraising $32,439

• 23 · Insurance

  total $99,018 · program services $79,408 · management and general $15,496 · fundraising $4,114

• 24a · Other expenses: AUXILIARY SERVICES

  total $436,302 · program services $436,302

• 24b · Other expenses: INSTRUCTIONAL EXPENSES

  total $155,865 · program services $155,865

• 24c · Other expenses: ASSESSMENT CENTER

  total $73,755 · program services $73,755

• 24d · Other expenses: SERVICE AGREEMENTS

  total $64,864 · program services $58,384 · fundraising $6,480

• 24e · All other expenses

  total $189,213 · program services $161,281 · management and general $27,427 · fundraising $505

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $150 · end of year $150

• 2 · Savings and temporary cash investments

  beginning of year $6,183,012 · end of year $7,908,128

• 3 · Pledges and grants receivable

  beginning of year $309,245 · end of year $152,454

• 4 · Accounts receivable

  beginning of year $27,108 · end of year $11,405

• 9 · Prepaid expenses and deferred charges

  beginning of year $30,398 · end of year $124,018

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

  $21,535,254

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

  $9,795,040

• 10c · Land, buildings and equipment, net

  beginning of year $11,901,813 · end of year $11,740,214

• 11 · Investments: publicly traded securities

  beginning of year $8,289,225 · end of year $8,760,553

• 15 · Other assets

  beginning of year $69,400 · end of year $52,887

• 17 · Accounts payable and accrued expenses

  beginning of year $314,749 · end of year $377,636

• 19 · Deferred revenue

  beginning of year $1,326,889 · end of year $1,243,928

• 20 · Tax-exempt bond liabilities

  beginning of year $5,565,690 · end of year $5,232,165

• 25 · Other liabilities

  beginning of year $365,131 · end of year $263,179

• 27 · Net assets without donor restrictions

  beginning of year $17,484,602 · end of year $19,567,536

• 28 · Net assets with donor restrictions

  beginning of year $1,753,290 · end of year $2,065,365

The filer's explanations (Part III)

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN - PAYMENT TO A SECTION 457(F) PLAN OF $25,000 FOR DOUG HAMILTON.