Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TUITION AND ROOM AND B

  total $3,407,299 · related or exempt $3,407,299

• 2b · Program service revenue: REGISTRATION

  total $250,250 · related or exempt $250,250

• 2f · All other program service revenue

  total $67,006 · related or exempt $67,006

• 3 · Investment income

  total $65,695 · excluded $65,695

• 11a · Other revenue: MANAGEMENT FEE

  total $40,000 · excluded $40,000

• 11e · Other revenue, total

  $40,000

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $225,000 · program services $225,000

• 5 · Compensation of officers, directors and key employees

  total $358,964 · program services $89,740 · management and general $269,224

• 7 · Other salaries and wages

  total $642,897 · program services $219,511 · management and general $423,386

• 8 · Pension plan contributions

  total $60,455 · program services $19,651 · management and general $40,804

• 9 · Other employee benefits

  total $90,831 · program services $28,862 · management and general $61,969

• 10 · Payroll taxes

  total $54,731 · program services $17,626 · management and general $37,105

• 11b · Fees: legal

  total $3,151 · management and general $3,151

• 11c · Fees: accounting

  total $18,573 · management and general $18,573

• 11g · Fees: other

  total $757,028 · program services $619,575 · management and general $137,453

• 12 · Advertising and promotion

  total $115,934 · management and general $115,934

• 13 · Office expenses

  total $101,929 · program services $51,815 · management and general $50,114

• 14 · Information technology

  total $165,996 · program services $36,325 · management and general $129,671

• 16 · Occupancy

  total $16,512 · management and general $16,512

• 17 · Travel

  total $335,469 · program services $181,114 · management and general $154,355

• 19 · Conferences, conventions and meetings

  total $57,509 · management and general $57,509

• 22 · Depreciation, depletion and amortization

  total $189,186 · program services $150,067 · management and general $39,119

• 23 · Insurance

  total $15,141 · management and general $15,141

• 24a · Other expenses: STUDENT LODGING

  total $351,812 · program services $351,812

• 24b · Other expenses: GROUP MEALS

  total $315,299 · program services $315,299

• 24c · Other expenses: REFERRAL FEES, REBATES,

  total $118,600 · program services $118,600

• 24d · Other expenses: PROGRAM FACILITIES

  total $81,982 · program services $81,982

• 24e · All other expenses

  total $68,777 · program services $55,846 · management and general $12,931

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,091,094 · end of year $723,338

• 4 · Accounts receivable

  beginning of year $667 · end of year $13,443

• 9 · Prepaid expenses and deferred charges

  beginning of year $47,147 · end of year $103,467

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

  $1,311,512

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

  $1,103,313

• 10c · Land, buildings and equipment, net

  beginning of year $228,612 · end of year $208,199

• 15 · Other assets

  beginning of year $158,216 · end of year $144,718

• 17 · Accounts payable and accrued expenses

  beginning of year $251,504 · end of year $282,583

• 19 · Deferred revenue

  beginning of year $150,148 · end of year $115,370

• 25 · Other liabilities

  beginning of year $68,442 · end of year $55,096

• 27 · Net assets without donor restrictions

  beginning of year $1,055,642 · end of year $740,116

The filer's explanations (Part III)

PART I, LINE 1A

REIMBURSEMENT FOR STAFF COMPANION TRAVEL IS PROVIDED IF IT IS AN APPROVED SPOUSAL FUNCTION SUCH AS A BOARD MEETING.