Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $70,175

• 1d · Related organizations

  $2,017,011

• 1e · Government grants (contributions)

  $118,823

• 1f · All other contributions, gifts and grants

  $5,269,008

• 1g · Noncash contributions included above

  $295,398

• 2a · Program service revenue: TUITION AND FEES

  total $32,246,593 · related or exempt $32,246,593

• 2b · Program service revenue: AUXILIARY SERVICES

  total $4,158,127 · related or exempt $4,158,127

• 2c · Program service revenue: BREAKTHROUGH

  total $207,570 · related or exempt $207,570

• 2d · Program service revenue: ATHLETICS

  total $69,219 · related or exempt $69,219

• 2e · Program service revenue: OTHER PROGRAM REVENUE

  total $23,534 · related or exempt $23,534

• 3 · Investment income

  total $60,248 · excluded $60,248

• 6a · Gross rents

  real property $195,529

• 6b · Less rental expenses

  real property $35,594

• 6c · Rental income or loss

  real property $159,935

• 6d · Net rental income or loss

  total $159,935 · excluded $159,935

• 7b · Less cost or other basis and sales expenses

  other assets $24,121

• 7c · Gain or loss

  other assets -$24,121

• 7d · Net gain or loss

  total -$24,121 · excluded -$24,121

• 8a · Fundraising events: gross income

  $259,228

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

  $70,175

• 8b · Fundraising events: direct expenses

  $97,366

• 8c · Net income from fundraising events

  total $161,862 · excluded $161,862

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $3,370,915 · program services $3,370,915

• 5 · Compensation of officers, directors and key employees

  total $1,138,477 · management and general $1,138,477

• 7 · Other salaries and wages

  total $16,132,961 · program services $12,654,256 · management and general $3,018,566 · fundraising $460,139

• 8 · Pension plan contributions

  total $715,309 · program services $542,002 · management and general $152,827 · fundraising $20,480

• 9 · Other employee benefits

  total $1,416,010 · program services $951,772 · management and general $370,754 · fundraising $93,484

• 10 · Payroll taxes

  total $1,222,847 · program services $916,033 · management and general $274,549 · fundraising $32,265

• 11g · Fees: other

  total $361,351 · management and general $361,351

• 13 · Office expenses

  total $72,860 · management and general $72,860

• 14 · Information technology

  total $851,281 · program services $663,999 · management and general $93,641 · fundraising $93,641

• 16 · Occupancy

  total $2,333,456 · program services $2,016,144 · management and general $140,859 · fundraising $176,453

• 17 · Travel

  total $53,393 · management and general $53,393

• 22 · Depreciation, depletion and amortization

  total $2,453,820 · program services $2,208,438 · management and general $122,691 · fundraising $122,691

• 23 · Insurance

  total $1,855,106 · program services $1,669,596 · management and general $92,755 · fundraising $92,755

• 24a · Other expenses: AUXILIARY

  total $3,792,088 · program services $3,792,088

• 24b · Other expenses: INSTRUCTIONAL

  total $2,225,191 · program services $2,225,191

• 24c · Other expenses: ADMINISTRATIVE

  total $486,650 · management and general $481,581 · fundraising $5,069

• 24d · Other expenses: BREAKTHROUGH

  total $265,068 · program services $265,068

• 24e · All other expenses

  total $631,170 · management and general $443,313 · fundraising $187,857

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $18,272,262 · end of year $18,930,162

• 3 · Pledges and grants receivable

  beginning of year $2,127,150 · end of year $1,353,108

• 4 · Accounts receivable

  beginning of year $15,061,331 · end of year $15,348,435

• 8 · Inventories for sale or use

  beginning of year $116,102 · end of year $104,044

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,108,228 · end of year $1,954,036

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

  $90,377,821

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

  $42,040,235

• 10c · Land, buildings and equipment, net

  beginning of year $46,165,074 · end of year $48,337,586

• 15 · Other assets

  beginning of year $10,738,070 · end of year $12,573,321

• 17 · Accounts payable and accrued expenses

  beginning of year $2,195,852 · end of year $1,406,999

• 19 · Deferred revenue

  beginning of year $31,055,577 · end of year $31,903,448

• 20 · Tax-exempt bond liabilities

  beginning of year $8,977,200 · end of year $5,984,400

• 25 · Other liabilities

  beginning of year $1,547,200 · end of year $1,498,175

• 27 · Net assets without donor restrictions

  beginning of year $17,291,470 · end of year $21,348,355

• 28 · Net assets with donor restrictions

  beginning of year $33,520,918 · end of year $36,459,315

The filer's explanations (Part III)

PART I, LINE 7

THE ORGANIZATION PROVIDED BONUSES.