Form 990 for tax year 2023

1e · Government grants (contributions)

$238,157

1f · All other contributions, gifts and grants

$4,755,087

1g · Noncash contributions included above

$92,533

2a · Program service revenue: STUDENT TUITION/FEES

total $26,264,999 · related or exempt $26,264,999

2b · Program service revenue: AUXILIARY ENTERPRISES

total $6,936,238 · related or exempt $6,936,238

6a · Gross rents

real property $33,800

6b · Less rental expenses

real property $24,409

6c · Rental income or loss

real property $9,391

6d · Net rental income or loss

total $9,391 · excluded $9,391

10a · Gross sales of inventory

$69,903

10b · Cost of goods sold

$59,255

10c · Net income from sales of inventory

total $10,648 · excluded $10,648

11a · Other revenue: ENDOWMENT INCOME

total $1,837,279 · excluded $1,837,279

11b · Other revenue: OTHER INCOME

total $270,804 · related or exempt $270,804

11e · Other revenue, total

$2,108,083

2 · Grants to domestic individuals

total $14,549,244 · program services $14,549,244

7 · Other salaries and wages

total $9,787,284 · program services $7,314,329 · management and general $2,120,678 · fundraising $352,277

8 · Pension plan contributions

total $363,490 · program services $244,453 · management and general $98,747 · fundraising $20,290

9 · Other employee benefits

total $3,173,943 · program services $444,505 · management and general $2,716,729 · fundraising $12,709

10 · Payroll taxes

total $643,301 · program services $460,398 · management and general $158,503 · fundraising $24,400

11g · Fees: other

total $844,767 · program services $509,967 · management and general $298,254 · fundraising $36,546

12 · Advertising and promotion

total $144,916 · program services $56,371 · management and general $88,545

16 · Occupancy

total $1,014,156 · program services $344,660 · management and general $669,484 · fundraising $12

17 · Travel

total $1,038,891 · program services $966,623 · management and general $60,795 · fundraising $11,473

19 · Conferences, conventions and meetings

total $634,994 · program services $452,786 · management and general $121,107 · fundraising $61,101

20 · Interest

total $790,736 · program services $790,736

22 · Depreciation, depletion and amortization

total $1,462,978 · program services $1,462,978

23 · Insurance

total $506,728 · program services $152,073 · management and general $354,655

24a · Other expenses: FOOD AND CONSUMABLE SUP

total $1,245,903 · program services $1,245,903

24b · Other expenses: REPAIRS AND MAINTENANCE

total $656,496 · program services $46,706 · management and general $609,348 · fundraising $442

24c · Other expenses: SUPPLIES

total $574,259 · program services $452,367 · management and general $111,919 · fundraising $9,973

24d · Other expenses: FEES/DUES/MEMBERSHIPS

total $218,390 · program services $130,906 · management and general $72,931 · fundraising $14,553

24e · All other expenses

total $483,456 · program services $271,180 · management and general $182,315 · fundraising $29,961

1 · Cash, non-interest-bearing

beginning of year $787,618 · end of year $1,866,297

2 · Savings and temporary cash investments

beginning of year $19,517 · end of year $18,709

3 · Pledges and grants receivable

beginning of year $998,927 · end of year $720,217

4 · Accounts receivable

beginning of year $648,899 · end of year $549,988

7 · Other notes and loans receivable

beginning of year $167,826 · end of year $157,448

8 · Inventories for sale or use

beginning of year $245,140 · end of year $231,975

9 · Prepaid expenses and deferred charges

beginning of year $76,302 · end of year $138,357

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

$62,144,201

10b · Land, buildings and equipment: accumulated depreciation

$31,659,787

10c · Land, buildings and equipment, net

beginning of year $31,289,544 · end of year $30,484,414

11 · Investments: publicly traded securities

beginning of year $34,360,986 · end of year $36,952,046

15 · Other assets

beginning of year $3,956,749 · end of year $4,266,630

17 · Accounts payable and accrued expenses

beginning of year $1,150,653 · end of year $1,111,077

23 · Secured mortgages and notes payable

beginning of year $10,446,661 · end of year $8,751,581

25 · Other liabilities

beginning of year $965,406 · end of year $823,353

27 · Net assets without donor restrictions

beginning of year $24,193,769 · end of year $26,668,768

28 · Net assets with donor restrictions

beginning of year $35,795,019 · end of year $38,031,302