Form 990 for tax year 2023

1d · Related organizations

$568,208

1e · Government grants (contributions)

$1,068,258

1f · All other contributions, gifts and grants

$2,187,780

1g · Noncash contributions included above

$50,072

2a · Program service revenue: TUITION INCOME

total $145,252 · related or exempt $145,252

2b · Program service revenue: MISCELLANEOUS

total $18,750 · related or exempt $18,750

3 · Investment income

total $9,282 · related or exempt $9,282

5 · Compensation of officers, directors and key employees

total $367,234 · program services $26,901 · management and general $170,574 · fundraising $169,759

7 · Other salaries and wages

total $1,606,511 · program services $1,467,109 · management and general $25,096 · fundraising $114,306

8 · Pension plan contributions

total $25,566 · program services $23,054 · management and general $572 · fundraising $1,940

9 · Other employee benefits

total $390,693 · program services $363,962 · management and general $2,548 · fundraising $24,183

10 · Payroll taxes

total $175,040 · program services $137,266 · management and general $15,230 · fundraising $22,544

11c · Fees: accounting

total $50,143 · management and general $50,143

11g · Fees: other

total $476,354 · program services $319,198 · management and general $157,156

13 · Office expenses

total $46,570 · program services $46,230 · management and general $340

16 · Occupancy

total $118,475 · program services $88,856 · management and general $29,619

17 · Travel

total $56,955 · program services $56,955

20 · Interest

total $19,145 · program services $10,924 · management and general $8,221

21 · Payments to affiliates

total $67,258 · program services $67,258

22 · Depreciation, depletion and amortization

total $75,648 · program services $37,824 · management and general $37,824

23 · Insurance

total $8,684 · program services $4,091 · management and general $4,593

24a · Other expenses: MISCELLANEOUS

total $218,456 · program services $80,000 · management and general $138,456

24b · Other expenses: MEAL PROGRAM

total $163,096 · program services $163,096

24c · Other expenses: COMMUNICATION

total $87,246 · management and general $52,348 · fundraising $34,898

24d · Other expenses: SOFTWARE

total $43,622 · program services $23,835 · management and general $19,787

24e · All other expenses

total $248,377 · program services $188,742 · management and general $57,043 · fundraising $2,592

1 · Cash, non-interest-bearing

beginning of year $254,458 · end of year $1,695,967

3 · Pledges and grants receivable

beginning of year $256,489 · end of year $10,162

4 · Accounts receivable

beginning of year $1,116 · end of year $1,671

7 · Other notes and loans receivable

beginning of year $148,736

8 · Inventories for sale or use

end of year $5,929

9 · Prepaid expenses and deferred charges

beginning of year $4,100 · end of year $8,603

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

$267,984

10b · Land, buildings and equipment: accumulated depreciation

$41,938

10c · Land, buildings and equipment, net

beginning of year $125,628 · end of year $226,046

15 · Other assets

beginning of year $6,679,585 · end of year $8,501,341

17 · Accounts payable and accrued expenses

beginning of year $90,769 · end of year $117,040

19 · Deferred revenue

beginning of year $250,000 · end of year $913,909

24 · Unsecured notes and loans payable

beginning of year $200,000 · end of year $673,782

25 · Other liabilities

beginning of year $7,404,340 · end of year $8,818,948

27 · Net assets without donor restrictions

beginning of year -$535,073 · end of year -$84,121

28 · Net assets with donor restrictions

beginning of year $60,076 · end of year $10,161