Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $22,291,536

• 1f · All other contributions, gifts and grants

  $1,738,117

• 2a · Program service revenue: PUBLIC REVENUE

  total $116,030,503 · related or exempt $116,030,503

• 2b · Program service revenue: EXTENDED LEARNING AND CHILD CARE

  total $1,589,122 · related or exempt $1,589,122

• 3 · Investment income

  total $2,228,555 · excluded $2,228,555

• 6a · Gross rents

  real property $54,210

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $54,210

• 6d · Net rental income or loss

  total $54,210 · excluded $54,210

• 11a · Other revenue: INTEREST RATE SWAP REVENUE

  total $1,463,308 · related or exempt $1,463,308

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $1,455,631 · related or exempt $1,455,631

• 11e · Other revenue, total

  $2,918,939

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,333,903 · management and general $1,333,903

• 7 · Other salaries and wages

  total $70,460,437 · program services $63,635,267 · management and general $6,825,170

• 8 · Pension plan contributions

  total $565,782 · program services $435,940 · management and general $129,842

• 9 · Other employee benefits

  total $7,032,317 · program services $6,743,973 · management and general $288,344

• 10 · Payroll taxes

  total $5,402,155 · program services $4,851,560 · management and general $550,595

• 11b · Fees: legal

  total $33,891 · management and general $33,891

• 11c · Fees: accounting

  total $107,722 · management and general $107,722

• 11f · Fees: investment management

  total $49,763 · management and general $49,763

• 11g · Fees: other

  total $6,859,462 · program services $5,155,201 · management and general $1,704,261

• 13 · Office expenses

  total $5,327,975 · program services $3,041,151 · management and general $2,193,578 · fundraising $93,246

• 14 · Information technology

  total $347,488 · program services $330,135 · management and general $17,353

• 16 · Occupancy

  total $14,488,579 · program services $13,105,212 · management and general $1,383,367

• 17 · Travel

  total $453,930 · program services $420,177 · management and general $33,753

• 20 · Interest

  total $6,689,567 · program services $6,355,089 · management and general $334,478

• 22 · Depreciation, depletion and amortization

  total $7,012,210 · program services $6,661,599 · management and general $350,611

• 23 · Insurance

  total $805,179 · program services $764,920 · management and general $40,259

• 24a · Other expenses: DIRECT STUDENT COSTS

  total $11,244,875 · program services $11,244,875

• 24b · Other expenses: CHARTER FEE

  total $1,213,572 · management and general $1,213,572

• 24c · Other expenses: TRAINING & RECRUITMENT

  total $816,448 · program services $813,868 · management and general $2,580

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $42,222,091 · end of year $48,742,833

• 3 · Pledges and grants receivable

  beginning of year $8,664,973 · end of year $3,305,179

• 4 · Accounts receivable

  beginning of year $1,385,065 · end of year $1,846,131

• 9 · Prepaid expenses and deferred charges

  beginning of year $43,502 · end of year $0

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

  $212,453,884

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

  $62,196,618

• 10c · Land, buildings and equipment, net

  beginning of year $136,746,181 · end of year $150,257,266

• 11 · Investments: publicly traded securities

  beginning of year $39,929,066 · end of year $29,883,647

• 12 · Investments: other securities

  beginning of year $3,000,000 · end of year $3,000,000

• 15 · Other assets

  beginning of year $3,097,797 · end of year $4,399,305

• 17 · Accounts payable and accrued expenses

  beginning of year $18,206,534 · end of year $22,022,174

• 20 · Tax-exempt bond liabilities

  beginning of year $142,565,000 · end of year $138,047,000

• 23 · Secured mortgages and notes payable

  beginning of year $22,351,891 · end of year $22,178,060

• 25 · Other liabilities

  beginning of year $1,300,455 · end of year $1,735,683

• 27 · Net assets without donor restrictions

  beginning of year $50,664,795 · end of year $56,970,530

• 28 · Net assets with donor restrictions

  end of year $480,914

The filer's explanations (Part III)

PART I, LINE 4B

PATRICIA BRANTLEY RECEIVED SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN CONTRIBUTIONS OF $48,000.