Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $119,901

• 1e · Government grants (contributions)

  $973,877

• 1f · All other contributions, gifts and grants

  $2,600,181

• 1g · Noncash contributions included above

  $22,120

• 2a · Program service revenue: TUITION

  total $20,447,038 · related or exempt $20,447,038

• 2b · Program service revenue: FEES & OTHER INCOME

  total $651,531 · related or exempt $651,531

• 3 · Investment income

  total $10,586 · excluded $10,586

• 6a · Gross rents

  real property $71,841

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $71,841

• 6d · Net rental income or loss

  total $71,841 · related or exempt $71,841

• 8a · Fundraising events: gross income

  $54,977

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

  $119,901

• 8b · Fundraising events: direct expenses

  $54,977

• 8c · Net income from fundraising events

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $6,123,577 · program services $6,123,577

• 5 · Compensation of officers, directors and key employees

  total $443,064 · program services $168,000 · management and general $215,064 · fundraising $60,000

• 7 · Other salaries and wages

  total $9,705,050 · program services $6,572,075 · management and general $2,829,370 · fundraising $303,605

• 8 · Pension plan contributions

  total $257,083 · program services $170,747 · management and general $77,125 · fundraising $9,211

• 9 · Other employee benefits

  total $1,000,380 · program services $514,669 · management and general $300,114 · fundraising $185,597

• 10 · Payroll taxes

  total $764,586 · program services $507,815 · management and general $229,376 · fundraising $27,395

• 11b · Fees: legal

  total $27,505 · management and general $27,505

• 11c · Fees: accounting

  total $66,595 · management and general $66,595

• 12 · Advertising and promotion

  total $33,102 · management and general $33,102

• 13 · Office expenses

  total $738,288 · management and general $663,957 · fundraising $74,331

• 17 · Travel

  total $85,077 · program services $77,182 · management and general $5,867 · fundraising $2,028

• 20 · Interest

  total $200,470 · program services $191,830 · management and general $8,640

• 22 · Depreciation, depletion and amortization

  total $1,859,438 · program services $1,779,296 · management and general $80,142

• 23 · Insurance

  total $227,805 · program services $217,987 · management and general $9,818

• 24a · Other expenses: FOOD SERVICE

  total $942,631 · program services $942,631

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $908,691 · program services $869,526 · management and general $39,165

• 24c · Other expenses: MATERIALS & SUPPLIES

  total $872,017 · program services $872,017

• 24d · Other expenses: GOVERNMENT APPROPRIATIO

  total $676,799 · program services $676,799

• 24e · All other expenses

  total $699,966 · program services $587,340 · management and general $112,626

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,788,769 · end of year $1,418,521

• 3 · Pledges and grants receivable

  beginning of year $992,315 · end of year $820,211

• 4 · Accounts receivable

  beginning of year $162,724 · end of year $212,881

• 9 · Prepaid expenses and deferred charges

  beginning of year $385,068 · end of year $241,970

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

  $63,288,526

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

  $30,595,355

• 10c · Land, buildings and equipment, net

  beginning of year $33,056,283 · end of year $32,693,171

• 11 · Investments: publicly traded securities

  end of year $16,938

• 15 · Other assets

  beginning of year $1,131,749 · end of year $1,158,472

• 17 · Accounts payable and accrued expenses

  beginning of year $1,880,667 · end of year $1,591,421

• 19 · Deferred revenue

  beginning of year $2,198,928 · end of year $2,331,305

• 23 · Secured mortgages and notes payable

  beginning of year $5,145,492 · end of year $4,093,071

• 25 · Other liabilities

  beginning of year $30,487 · end of year $7,927

• 27 · Net assets without donor restrictions

  beginning of year $28,166,732 · end of year $27,420,757

• 28 · Net assets with donor restrictions

  beginning of year $1,094,602 · end of year $1,117,683

The filer's explanations (Part III)

PART I, LINE 1A

THE DISCRETIONARY SPENDING ACCOUNT AND HOUSING ALLOWANCE ARE FOR BUSINESS RELATED USE.