Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$1,730,104

2a · Program service revenue: TUITION AND FEES

total $5,020,390 · related or exempt $5,020,390

3 · Investment income

total $572,761 · excluded $572,761

7a · Gross sales of assets other than inventory

securities $127,207

7b · Less cost or other basis and sales expenses

securities $0

7c · Gain or loss

securities $127,207

7d · Net gain or loss

total $127,207 · excluded $127,207

11a · Other revenue: MISCELLANEOUS

total $104,938 · related or exempt $104,938

11e · Other revenue, total

$104,938

2 · Grants to domestic individuals

total $317,742 · program services $317,742

5 · Compensation of officers, directors and key employees

total $615,022 · management and general $615,022

7 · Other salaries and wages

total $3,715,896 · program services $3,413,565 · management and general $302,331

8 · Pension plan contributions

total $272,061 · program services $256,948 · management and general $15,113

9 · Other employee benefits

total $440,895 · program services $387,459 · management and general $53,436

10 · Payroll taxes

total $314,400 · program services $256,559 · management and general $57,841

11b · Fees: legal

total $3,121 · program services $2,110 · management and general $1,011

11c · Fees: accounting

total $26,450 · management and general $26,450

11f · Fees: investment management

total $52,675 · management and general $52,675

12 · Advertising and promotion

total $143,828 · program services $139,820 · management and general $4,008

13 · Office expenses

total $9,935 · program services $4,115 · management and general $5,820

14 · Information technology

total $148,968 · program services $131,530 · management and general $17,438

16 · Occupancy

total $174,851 · program services $129,377 · management and general $45,474

17 · Travel

total $60,710 · program services $38,054 · management and general $22,656

19 · Conferences, conventions and meetings

total $70,593 · program services $46,299 · management and general $24,294

22 · Depreciation, depletion and amortization

total $460,220 · program services $391,396 · management and general $68,824

23 · Insurance

total $93,563 · program services $4,790 · management and general $88,773

24a · Other expenses: CONSULTING

total $482,176 · program services $299,101 · management and general $183,075

24b · Other expenses: MISCELLANEOUS

total $146,053 · program services $140,256 · management and general $5,797

24c · Other expenses: BOOKS & PERIODICALS

total $133,557 · program services $133,025 · management and general $532

24d · Other expenses: REPAIRS & MAINTENANCE

total $108,914 · program services $81,270 · management and general $27,644

24e · All other expenses

total $68,318 · program services $61,039 · management and general $7,279

1 · Cash, non-interest-bearing

beginning of year $40,618 · end of year $33,347

2 · Savings and temporary cash investments

beginning of year $8,390,744 · end of year $7,897,175

3 · Pledges and grants receivable

beginning of year $4,000,000 · end of year $4,000,000

4 · Accounts receivable

beginning of year $66,759 · end of year $23,471

9 · Prepaid expenses and deferred charges

beginning of year $244,041 · end of year $264,279

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

$18,749,359

10b · Land, buildings and equipment: accumulated depreciation

$7,339,055

10c · Land, buildings and equipment, net

beginning of year $11,494,164 · end of year $11,410,304

12 · Investments: other securities

beginning of year $10,478,021 · end of year $11,413,895

17 · Accounts payable and accrued expenses

beginning of year $520,162 · end of year $602,161

19 · Deferred revenue

beginning of year $621,108 · end of year $663,325

23 · Secured mortgages and notes payable

beginning of year $12,500

27 · Net assets without donor restrictions

beginning of year $28,018,376 · end of year $28,645,574

28 · Net assets with donor restrictions

beginning of year $5,542,201 · end of year $5,131,411