Form 990 for tax year 2024

1c · Fundraising events

$231,156

1e · Government grants (contributions)

$11,786,024

1f · All other contributions, gifts and grants

$6,915,863

1g · Noncash contributions included above

$2,795,380

2a · Program service revenue: INSTRUCTION

total $1,154,668 · related or exempt $1,154,668

3 · Investment income

total $319,383 · related or exempt $319,383

7a · Gross sales of assets other than inventory

securities $10,700,000

7b · Less cost or other basis and sales expenses

securities $6,801,026

7c · Gain or loss

securities $3,898,974

7d · Net gain or loss

total $3,898,974 · related or exempt $3,898,974

8a · Fundraising events: gross income

$7,620

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

$231,156

8b · Fundraising events: direct expenses

$89,406

8c · Net income from fundraising events

total -$81,786 · excluded -$81,786

2 · Grants to domestic individuals

total $922,027 · program services $922,027

5 · Compensation of officers, directors and key employees

total $101,829 · program services $101,829

7 · Other salaries and wages

total $447,671 · program services $447,671

9 · Other employee benefits

total $165,678 · program services $83,290 · management and general $82,388

10 · Payroll taxes

total $46,344 · program services $46,344

11b · Fees: legal

total $2,892 · program services $2,412 · management and general $480

11c · Fees: accounting

total $31,420 · program services $31,420

12 · Advertising and promotion

total $5,165 · management and general $5,165

13 · Office expenses

total $14,411 · program services $14,411

14 · Information technology

total $29,130 · management and general $29,130

17 · Travel

total $2,878 · program services $2,878

20 · Interest

total $134,057 · program services $134,057

22 · Depreciation, depletion and amortization

total $128,527 · program services $128,527

23 · Insurance

total $28,864 · management and general $28,864

24a · Other expenses: BASIC INSTRUCTION

total $6,402,055 · program services $6,402,055

24b · Other expenses: IN-KIND

total $2,792,380 · program services $2,792,380

24c · Other expenses: FACILITIES

total $2,079,917 · program services $2,079,917

24d · Other expenses: OPERATION OF PLANT

total $2,064,146 · program services $2,064,146

24e · All other expenses

total $6,655,156 · program services $6,655,156

1 · Cash, non-interest-bearing

beginning of year $3,578,849 · end of year $5,675,120

2 · Savings and temporary cash investments

beginning of year $2,018,709 · end of year $1,097,785

4 · Accounts receivable

beginning of year $188,373 · end of year $183,054

9 · Prepaid expenses and deferred charges

beginning of year $9,844 · end of year $9,844

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

$4,167,952

10b · Land, buildings and equipment: accumulated depreciation

$3,047,987

10c · Land, buildings and equipment, net

beginning of year $4,876,349 · end of year $1,119,965

11 · Investments: publicly traded securities

beginning of year $7,074,623 · end of year $4,602,242

15 · Other assets

beginning of year $1,764,871 · end of year $3,930,439

17 · Accounts payable and accrued expenses

beginning of year $639,001 · end of year $313,475

19 · Deferred revenue

end of year $326,025

20 · Tax-exempt bond liabilities

beginning of year $3,780,000

25 · Other liabilities

beginning of year $9,512,720 · end of year $8,229,317

27 · Net assets without donor restrictions

beginning of year $514,289 · end of year $4,205,979

28 · Net assets with donor restrictions

beginning of year $5,065,608 · end of year $3,543,653