Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,180,626

• 2a · Program service revenue: TUITION REVENUE

  total $761,748 · related or exempt $761,748

• 3 · Investment income

  total $686 · excluded $686

• 10a · Gross sales of inventory

  $818

• 10b · Cost of goods sold

  $818

• 10c · Net income from sales of inventory

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $87,088 · program services $87,088

• 5 · Compensation of officers, directors and key employees

  total $1,072,597 · program services $688,995 · management and general $187,528 · fundraising $196,074

• 7 · Other salaries and wages

  total $480,283 · program services $365,327 · management and general $4,506 · fundraising $110,450

• 9 · Other employee benefits

  total $74,998 · program services $52,752 · management and general $3,268 · fundraising $18,978

• 10 · Payroll taxes

  total $103,264 · program services $70,219 · management and general $12,392 · fundraising $20,653

• 11c · Fees: accounting

  total $57,264 · management and general $57,264

• 11g · Fees: other

  total $760,801 · program services $728,077 · fundraising $32,724

• 12 · Advertising and promotion

  total $17,142 · management and general $15,428 · fundraising $1,714

• 13 · Office expenses

  total $20,242 · program services $7,020 · management and general $6,202 · fundraising $7,020

• 14 · Information technology

  total $110,091 · program services $99,082 · management and general $11,009

• 16 · Occupancy

  total $92,050 · program services $62,594 · management and general $11,046 · fundraising $18,410

• 17 · Travel

  total $60,814 · program services $60,814

• 19 · Conferences, conventions and meetings

  total $1,456 · program services $1,456

• 20 · Interest

  total $3,582 · program services $3,224 · management and general $358

• 22 · Depreciation, depletion and amortization

  total $10,429 · program services $10,212 · management and general $217

• 23 · Insurance

  total $35,653 · program services $24,244 · management and general $4,278 · fundraising $7,131

• 24a · Other expenses: ACCREDITATION FEES

  total $79,617 · program services $71,655 · management and general $7,962

• 24b · Other expenses: EVENT EXPENSES

  total $30,099 · program services $28,899 · fundraising $1,200

• 24c · Other expenses: BANK CHARGES

  total $14,954 · program services $14,954

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $39,673 · end of year $2,288,174

• 3 · Pledges and grants receivable

  beginning of year $1,065,795 · end of year $893,612

• 4 · Accounts receivable

  beginning of year $46,454 · end of year $50,602

• 8 · Inventories for sale or use

  beginning of year $34,093 · end of year $33,275

• 9 · Prepaid expenses and deferred charges

  beginning of year $46,603 · end of year $29,936

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

  $484,288

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

  $126,781

• 10c · Land, buildings and equipment, net

  beginning of year $42,226 · end of year $357,507

• 15 · Other assets

  beginning of year $1,042,197 · end of year $406,664

• 17 · Accounts payable and accrued expenses

  beginning of year $238,719 · end of year $408,417

• 19 · Deferred revenue

  beginning of year $0 · end of year $12,132

• 24 · Unsecured notes and loans payable

  beginning of year $244,348 · end of year $175,878

• 27 · Net assets without donor restrictions

  beginning of year $902,438 · end of year $547,335

• 28 · Net assets with donor restrictions

  beginning of year $931,536 · end of year $2,916,008

The filer's explanations (Part III)

PART I, LINE 1A

ANAND KUCHIBHOTLA RECEIVED A GROSS-UP PAYMENT IN 2025. THIS WAS INCLUDED IN TAXABLE COMPENSATION.

PART I, LINE 7

ANAND KUCHIBHOTLA RECEIVED A DISCRETIONARY BONUS PAYMENT IN 2025 WHICH WAS AWARDED AND APPROVED BY THE BOARD.