Form 990 for tax year 2023

1e · Government grants (contributions)

$7,886,542

1f · All other contributions, gifts and grants

$175,827

2a · Program service revenue: Fees to patrons

total $607,096 · related or exempt $607,096

2b · Program service revenue: Student activities

total $81,285 · related or exempt $81,285

2c · Program service revenue: Food sales

total $6,059 · related or exempt $6,059

3 · Investment income

total $4,949 · excluded $4,949

7a · Gross sales of assets other than inventory

securities $38,028

7b · Less cost or other basis and sales expenses

securities $43,137

7c · Gain or loss

securities -$5,109

7d · Net gain or loss

total -$5,109 · excluded -$5,109

10a · Gross sales of inventory

$5,550

10b · Cost of goods sold

$2,278

10c · Net income from sales of inventory

total $3,272 · excluded $3,272

11a · Other revenue: Pension revenue

total $37,902 · excluded $37,902

11e · Other revenue, total

$37,902

5 · Compensation of officers, directors and key employees

total $184,923 · program services $171,015 · management and general $13,908

7 · Other salaries and wages

total $4,190,440 · program services $3,893,980 · management and general $296,460

8 · Pension plan contributions

total $481,007 · program services $430,434 · management and general $50,573

9 · Other employee benefits

total $401,416 · program services $351,362 · management and general $50,054

10 · Payroll taxes

total $311,803 · program services $289,172 · management and general $22,631

11b · Fees: legal

total $31,466 · management and general $31,466

11c · Fees: accounting

total $114,833 · management and general $114,833

11g · Fees: other

total $1,313,620 · program services $1,174,169 · management and general $139,451

13 · Office expenses

total $83,367 · program services $80,731 · management and general $2,636

14 · Information technology

total $64,491 · program services $64,491

16 · Occupancy

total $1,096,573 · program services $1,096,573

17 · Travel

total $30,295 · program services $28,320 · management and general $1,975

20 · Interest

total $8,306 · program services $8,306

22 · Depreciation, depletion and amortization

total $73,650 · program services $73,650

23 · Insurance

total $66,675 · program services $66,621 · management and general $54

24a · Other expenses: Food & milk

total $344,148 · program services $344,148

24b · Other expenses: Entry fees

total $58,825 · program services $57,214 · management and general $1,611

24c · Other expenses: Instructional supplies

total $52,250 · program services $52,250

24d · Other expenses: Dues & memberships

total $37,252 · program services $37,252

24e · All other expenses

total $10,378 · program services $10,163 · management and general $215

2 · Savings and temporary cash investments

beginning of year $2,089,269 · end of year $1,755,489

4 · Accounts receivable

beginning of year $1,023,170 · end of year $1,489,376

9 · Prepaid expenses and deferred charges

beginning of year $26,440 · end of year $76,966

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

$567,681

10b · Land, buildings and equipment: accumulated depreciation

$276,295

10c · Land, buildings and equipment, net

beginning of year $330,098 · end of year $291,386

15 · Other assets

beginning of year $1,848,738 · end of year $1,165,803

17 · Accounts payable and accrued expenses

beginning of year $565,924 · end of year $540,228

19 · Deferred revenue

beginning of year $41,615 · end of year $42,020

25 · Other liabilities

beginning of year $5,785,985 · end of year $5,430,476

29 · Capital stock, trust principal or current funds

beginning of year -$1,448,832 · end of year -$1,356,108

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $373,023 · end of year $122,404

31 · Retained earnings, endowment or other funds

beginning of year $0 · end of year $0