Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $18,052

• 2a · Program service revenue: TUITION

  total $36,635 · related or exempt $36,635

• 2b · Program service revenue: ORIENTATION RETREAT

  total $4,035 · related or exempt $4,035

• 2c · Program service revenue: SCHOLARSHIPS

  total $1,953 · related or exempt $1,953

• 3 · Investment income

  total $1,855 · excluded $1,855

• 8a · Fundraising events: gross income

  $13,660

• 8b · Fundraising events: direct expenses

  $8,413

• 8c · Net income from fundraising events

  total $5,247 · excluded $5,247

• 9a · Gaming: gross income

  $4,095

• 9b · Gaming: direct expenses

  $1,240

• 9c · Net income from gaming

  total $2,855 · excluded $2,855

• 11a · Other revenue: SPECIAL EVENTS

  total $2,406 · excluded $2,406

• 11b · Other revenue: OTHER REVENUE

  total $1,000 · excluded $1,000

• 11e · Other revenue, total

  $3,406

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $31,992 · program services $25,594 · management and general $6,398

• 9 · Other employee benefits

  total $10,610 · program services $8,488 · management and general $2,122

• 10 · Payroll taxes

  total $2,538 · program services $2,030 · management and general $508

• 11g · Fees: other

  total $3,980 · program services $3,980

• 13 · Office expenses

  total $3,074 · program services $3,074

• 17 · Travel

  total $150 · program services $150

• 22 · Depreciation, depletion and amortization

  total $1,410 · program services $1,410

• 24a · Other expenses: PROGRAM CLASS EXPENSES

  total $8,085 · program services $8,085

• 24b · Other expenses: GRADUATION

  total $4,158 · program services $4,158

• 24c · Other expenses: ORIENTATION RETREAT

  total $2,746 · program services $2,746

• 24d · Other expenses: SPECIAL EVENTS

  total $1,865 · program services $1,865

• 24e · All other expenses

  total $1,582 · program services $1,582

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $42,523 · end of year $51,109

• 2 · Savings and temporary cash investments

  beginning of year $71,269 · end of year $72,003

• 4 · Accounts receivable

  beginning of year $2,355 · end of year $750

• 9 · Prepaid expenses and deferred charges

  beginning of year $215 · end of year $390

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

  $9,873

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

  $9,050

• 10c · Land, buildings and equipment, net

  beginning of year $2,233 · end of year $823

• 15 · Other assets

  beginning of year $358,484 · end of year $358,484

• 17 · Accounts payable and accrued expenses

  beginning of year $1,123 · end of year $9,959

• 19 · Deferred revenue

  beginning of year $21,852 · end of year $22,045

• 25 · Other liabilities

  beginning of year $4,397 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $449,707 · end of year $451,555

The filer's explanations (Part III)

PART I, LINE 3

THE WLCC USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.