Form 990 for tax year 2023

1c · Fundraising events

$210,650

1e · Government grants (contributions)

$27,490,119

1f · All other contributions, gifts and grants

$1,306,048

2a · Program service revenue: TUITION AND FEES

total $3,096,845 · related or exempt $3,096,845

2b · Program service revenue: MISC PROGRAM INCOME

total $2,137,168 · related or exempt $2,137,168

2c · Program service revenue: BOOKS & OTHER SALES

total $1,038,925 · related or exempt $1,038,925

3 · Investment income

total $530,219 · excluded $530,219

7b · Less cost or other basis and sales expenses

other assets $6,359

7c · Gain or loss

other assets -$6,359

7d · Net gain or loss

total -$6,359 · excluded -$6,359

8a · Fundraising events: gross income

$201,143

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

$210,650

8b · Fundraising events: direct expenses

$400,332

8c · Net income from fundraising events

total -$199,189 · excluded -$199,189

2 · Grants to domestic individuals

total $1,512,002 · program services $1,512,002

5 · Compensation of officers, directors and key employees

total $351,883 · program services $127,605 · management and general $224,278

7 · Other salaries and wages

total $10,182,437 · program services $8,553,509 · management and general $1,628,928

8 · Pension plan contributions

total $299,772 · program services $247,036 · management and general $52,736

9 · Other employee benefits

total $2,722,240 · program services $1,735,842 · management and general $986,398

10 · Payroll taxes

total $851,934 · program services $702,061 · management and general $149,873

11g · Fees: other

total $2,489,705 · program services $2,091,972 · management and general $397,733

12 · Advertising and promotion

total $9,126 · program services $9,126

13 · Office expenses

total $49,997 · program services $43,370 · management and general $6,627

14 · Information technology

total $308,659 · program services $302,553 · management and general $6,106

17 · Travel

total $525,601 · program services $403,766 · management and general $121,835

19 · Conferences, conventions and meetings

total $157,750 · program services $145,352 · management and general $12,398

20 · Interest

total $2,054 · program services $2,054

22 · Depreciation, depletion and amortization

total $1,636,688 · program services $1,636,688

23 · Insurance

total $189,708 · management and general $189,708

24a · Other expenses: OTHER

total $3,999,014 · program services $1,736,187 · management and general $2,262,827

24b · Other expenses: STUDENT ASSISTANCE

total $2,680,148 · program services $2,680,148

24c · Other expenses: SUPPLIES

total $2,100,038 · program services $1,892,229 · management and general $207,809

24d · Other expenses: CREDIT LOSS

total $116,492 · program services $10,263 · management and general $106,229

1 · Cash, non-interest-bearing

beginning of year $27,652,609 · end of year $23,369,838

2 · Savings and temporary cash investments

beginning of year $648,172 · end of year $668,819

3 · Pledges and grants receivable

beginning of year $2,479,777 · end of year $2,700,721

4 · Accounts receivable

beginning of year $22,094 · end of year $72,319

8 · Inventories for sale or use

beginning of year $249,996 · end of year $191,482

9 · Prepaid expenses and deferred charges

beginning of year $3,994 · end of year $3,994

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

$59,298,382

10b · Land, buildings and equipment: accumulated depreciation

$19,639,705

10c · Land, buildings and equipment, net

beginning of year $31,704,021 · end of year $39,658,677

17 · Accounts payable and accrued expenses

beginning of year $2,138,476 · end of year $1,911,939

19 · Deferred revenue

beginning of year $9,070,066 · end of year $6,568,418

23 · Secured mortgages and notes payable

end of year $98,000

25 · Other liabilities

beginning of year $341,661 · end of year $265,024

27 · Net assets without donor restrictions

beginning of year $51,210,460 · end of year $57,822,469