Form 990 for tax year 2024

1c · Fundraising events

$585,854

1f · All other contributions, gifts and grants

$1,181,974

2a · Program service revenue: TUITION

total $19,313,574 · unrelated business $19,313,574

2b · Program service revenue: SECURITY FEE

total $644,495 · unrelated business $644,495

2c · Program service revenue: REGISTRATION

total $472,780 · unrelated business $472,780

2d · Program service revenue: TECHNOLOGY FEE INCOME

total $393,895 · unrelated business $393,895

2e · Program service revenue: OTHER

total $318,664 · unrelated business $318,664

2f · All other program service revenue

total -$5,567,123 · unrelated business -$5,567,123

3 · Investment income

total $240,847 · excluded $240,847

8a · Fundraising events: gross income

$1,095,821

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

$585,854

8b · Fundraising events: direct expenses

$1,095,821

8c · Net income from fundraising events

total $0

11a · Other revenue: UNREALIZED GAIN (LOSS)

total $339,978 · excluded $339,978

11e · Other revenue, total

$339,978

5 · Compensation of officers, directors and key employees

total $4,095,120 · program services $4,095,120

7 · Other salaries and wages

total $7,214,501 · program services $3,511,479 · management and general $3,703,022

9 · Other employee benefits

total $880,475 · program services $592,188 · management and general $288,287

10 · Payroll taxes

total $780,062 · program services $524,652 · management and general $255,410

11g · Fees: other

total $988,620 · program services $664,924 · management and general $323,696

12 · Advertising and promotion

total $39,042 · program services $39,042

13 · Office expenses

total $116,419 · program services $78,301 · management and general $38,118

17 · Travel

total $10,770 · management and general $10,770

20 · Interest

total $213,795 · program services $143,794 · management and general $70,001

22 · Depreciation, depletion and amortization

total $991,527 · program services $666,879 · management and general $324,648

23 · Insurance

total $184,823 · program services $124,308 · management and general $60,515

24a · Other expenses: STUDENT ACTIVITIES

total $1,339,828 · program services $1,339,828

24b · Other expenses: REPAIRS & MAINTENANCE

total $733,415 · program services $493,279 · management and general $240,136

24c · Other expenses: EQUIPMENT RENTAL & MAIN

total $388,144 · program services $261,057 · management and general $127,087

24d · Other expenses: UTILITIES

total $359,462 · program services $241,766 · management and general $117,696

24e · All other expenses

total $487,599 · program services $380,010 · management and general $102,342 · fundraising $5,247

1 · Cash, non-interest-bearing

beginning of year $600 · end of year $600

2 · Savings and temporary cash investments

beginning of year $5,190,886 · end of year $1,108,519

3 · Pledges and grants receivable

beginning of year $1,999,541 · end of year $1,758,556

4 · Accounts receivable

beginning of year $1,783,368 · end of year $1,302,813

9 · Prepaid expenses and deferred charges

beginning of year $69,667 · end of year $33,315

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

$31,225,466

10b · Land, buildings and equipment: accumulated depreciation

$6,778,726

10c · Land, buildings and equipment, net

beginning of year $21,807,506 · end of year $24,446,740

12 · Investments: other securities

beginning of year $3,934,800 · end of year $4,147,303

15 · Other assets

beginning of year $815,741 · end of year $743,641

17 · Accounts payable and accrued expenses

beginning of year $576,971 · end of year $593,855

19 · Deferred revenue

beginning of year $1,646,895 · end of year $443,040

23 · Secured mortgages and notes payable

beginning of year $6,299,487 · end of year $5,848,063

25 · Other liabilities

beginning of year $297,160 · end of year $773,597

27 · Net assets without donor restrictions

beginning of year $20,847,255 · end of year $19,977,073

28 · Net assets with donor restrictions

beginning of year $5,934,341 · end of year $5,905,859