Form 990 for tax year 2022

1f · All other contributions, gifts and grants

$1,009,954

1g · Noncash contributions included above

$69,250

2a · Program service revenue: Tuition and fees

total $7,448,334 · related or exempt $7,448,334

2b · Program service revenue: Miscellaneous

total $171,072 · related or exempt $171,072

3 · Investment income

total $228,483 · excluded $228,483

8a · Fundraising events: gross income

$97,922

8b · Fundraising events: direct expenses

$76,171

8c · Net income from fundraising events

total $21,751 · excluded $21,751

7 · Other salaries and wages

total $4,243,352 · program services $3,192,824 · management and general $955,331 · fundraising $95,197

8 · Pension plan contributions

total $172,584 · program services $134,616 · management and general $31,065 · fundraising $6,903

9 · Other employee benefits

total $301,776 · program services $235,385 · management and general $54,320 · fundraising $12,071

10 · Payroll taxes

total $330,103 · program services $257,480 · management and general $59,419 · fundraising $13,204

11b · Fees: legal

total $20,649 · program services $2,684 · management and general $16,313 · fundraising $1,652

11g · Fees: other

total $94,990 · program services $15,784 · management and general $79,206

13 · Office expenses

total $12,990 · program services $1,689 · management and general $10,262 · fundraising $1,039

14 · Information technology

total $145,623 · program services $145,623

16 · Occupancy

total $736,086 · program services $625,673 · management and general $110,413

17 · Travel

total $58,367 · program services $7,588 · management and general $46,110 · fundraising $4,669

20 · Interest

total $28,262 · management and general $28,262

22 · Depreciation, depletion and amortization

total $859,485 · program services $730,562 · management and general $128,923

23 · Insurance

total $132,835 · program services $14,867 · management and general $104,940 · fundraising $13,028

24a · Other expenses: Lunchroom

total $414,864 · program services $352,634 · management and general $62,230

24b · Other expenses: Classroom and athletic

total $351,988 · program services $351,988

24c · Other expenses: Communications and publ

total $80,417 · program services $10,454 · management and general $42,875 · fundraising $27,088

24d · Other expenses: Alumni development

total $64,658 · fundraising $64,658

24e · All other expenses

total $71,848 · program services $48,096 · management and general $22,257 · fundraising $1,495

1 · Cash, non-interest-bearing

beginning of year $1,633,013 · end of year $1,960,727

3 · Pledges and grants receivable

beginning of year $252,427 · end of year $269,463

4 · Accounts receivable

beginning of year $2,761 · end of year $380

9 · Prepaid expenses and deferred charges

beginning of year $64,950 · end of year $404,442

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

$28,765,139

10b · Land, buildings and equipment: accumulated depreciation

$16,125,397

10c · Land, buildings and equipment, net

beginning of year $12,478,861 · end of year $12,639,742

11 · Investments: publicly traded securities

beginning of year $9,243,804 · end of year $9,561,285

15 · Other assets

beginning of year $189,240 · end of year $35,758

17 · Accounts payable and accrued expenses

beginning of year $832,700 · end of year $1,158,979

19 · Deferred revenue

beginning of year $2,957,962 · end of year $2,487,870

20 · Tax-exempt bond liabilities

beginning of year $1,190,491 · end of year $995,579

21 · Escrow or custodial account liability

beginning of year $650,695 · end of year $617,271

25 · Other liabilities

beginning of year $0 · end of year $35,758

27 · Net assets without donor restrictions

beginning of year $15,290,649 · end of year $16,282,312

28 · Net assets with donor restrictions

beginning of year $2,942,559 · end of year $3,294,028