Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $499,301

• 1e · Government grants (contributions)

  $608,320

• 1f · All other contributions, gifts and grants

  $451,955

• 2a · Program service revenue: TUITION

  total $9,411,214 · related or exempt $9,411,214

• 3 · Investment income

  total $4,569 · related or exempt $4,569

• 6a · Gross rents

  real property $28,592

• 6c · Rental income or loss

  real property $28,592

• 6d · Net rental income or loss

  total $28,592 · related or exempt $28,592

• 8a · Fundraising events: gross income

  $78,850

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

  $499,301

• 8b · Fundraising events: direct expenses

  $125,418

• 8c · Net income from fundraising events

  total -$46,568

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,831,474 · program services $1,831,474

• 7 · Other salaries and wages

  total $5,899,759 · program services $3,206,761 · management and general $2,692,998

• 8 · Pension plan contributions

  total $19,842 · program services $12,699 · management and general $7,143

• 9 · Other employee benefits

  total $335,076 · program services $214,449 · management and general $120,627

• 10 · Payroll taxes

  total $380,506 · program services $243,524 · management and general $136,982

• 11b · Fees: legal

  total $13,404 · program services $13,404

• 11c · Fees: accounting

  total $12,000 · program services $12,000

• 11g · Fees: other

  total $55,091 · program services $38,219 · management and general $16,872

• 12 · Advertising and promotion

  total $77,784 · fundraising $77,784

• 13 · Office expenses

  total $53,925 · management and general $53,925

• 20 · Interest

  total $196,342 · management and general $196,342

• 22 · Depreciation, depletion and amortization

  total $501,534 · management and general $501,534

• 23 · Insurance

  total $153,571 · management and general $153,571

• 24a · Other expenses: REPAIRS MAINT&SECURITY

  total $513,673 · management and general $513,673

• 24b · Other expenses: SPORTS AND CLUBS

  total $396,363 · program services $396,363

• 24c · Other expenses: TRANSPORTATION

  total $202,054 · program services $202,054

• 24d · Other expenses: EDUCATION MATERIALS AND S

  total $124,911 · program services $124,911

• 24e · All other expenses

  total $226,301 · management and general $226,301

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,912,339 · end of year $2,201,528

• 2 · Savings and temporary cash investments

  beginning of year $530,379 · end of year $572,112

• 3 · Pledges and grants receivable

  beginning of year $775,095 · end of year $397,094

• 4 · Accounts receivable

  beginning of year $129,405 · end of year $23,992

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,936

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

  $15,721,282

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

  $5,509,375

• 10c · Land, buildings and equipment, net

  beginning of year $10,079,671 · end of year $10,211,907

• 11 · Investments: publicly traded securities

  end of year $338,475

• 14 · Intangible assets

  beginning of year $307

• 17 · Accounts payable and accrued expenses

  beginning of year $71,901 · end of year $220,605

• 19 · Deferred revenue

  beginning of year $861,472 · end of year $841,238

• 23 · Secured mortgages and notes payable

  beginning of year $5,837,752 · end of year $6,015,000

• 25 · Other liabilities

  end of year $28,341

• 27 · Net assets without donor restrictions

  beginning of year $5,686,545 · end of year $5,451,798

• 28 · Net assets with donor restrictions

  beginning of year $976,462 · end of year $1,188,126

Itemized on Schedule J with no Part VII listing of the same name on this return: