Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$1,873,427

2a · Program service revenue: TUITION

total $2,068,075 · related or exempt $2,068,075

3 · Investment income

total $381,032 · excluded $381,032

6a · Gross rents

real property $542,797

6b · Less rental expenses

real property $347,855

6c · Rental income or loss

real property $194,942

6d · Net rental income or loss

total $194,942 · related or exempt $114,479 · unrelated business $80,463

5 · Compensation of officers, directors and key employees

total $249,562 · program services $179,682 · management and general $54,903 · fundraising $14,977

7 · Other salaries and wages

total $1,978,763 · program services $1,426,370 · management and general $428,546 · fundraising $123,847

8 · Pension plan contributions

total $25,428 · program services $18,544 · management and general $4,814 · fundraising $2,070

9 · Other employee benefits

total $524,544 · program services $478,135 · management and general $37,248 · fundraising $9,161

10 · Payroll taxes

total $111,718 · program services $84,764 · management and general $26,954

11c · Fees: accounting

total $29,792 · management and general $29,792

11g · Fees: other

total $277,520 · program services $277,520

12 · Advertising and promotion

total $15,820 · program services $15,820

13 · Office expenses

total $76,974 · program services $74,571 · management and general $426 · fundraising $1,977

16 · Occupancy

total $218,520 · program services $218,520

17 · Travel

total $63,998 · program services $60,237 · management and general $3,761

19 · Conferences, conventions and meetings

total $10,267 · program services $10,267

20 · Interest

total $178,980 · management and general $178,980

22 · Depreciation, depletion and amortization

total $304,949 · program services $304,949

23 · Insurance

total $171,902 · program services $57,174 · management and general $113,366 · fundraising $1,362

24a · Other expenses: MISC

total $403,370 · program services $403,370

24b · Other expenses: SUPPLIES

total $210,077 · program services $182,427 · management and general $20,762 · fundraising $6,888

24c · Other expenses: ATHLETICS

total $134,119 · program services $134,119

24d · Other expenses: BANK FEES

total $58,096 · management and general $58,096

24e · All other expenses

total $127,579 · program services $111,228 · management and general $16,351

1 · Cash, non-interest-bearing

beginning of year $1,010,046 · end of year $754,212

2 · Savings and temporary cash investments

end of year $11,884

4 · Accounts receivable

beginning of year $288,436 · end of year $716,338

7 · Other notes and loans receivable

beginning of year $373,500 · end of year $373,500

8 · Inventories for sale or use

beginning of year $6,290 · end of year $8,379

9 · Prepaid expenses and deferred charges

beginning of year $98,078 · end of year $68,829

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

$13,993,849

10b · Land, buildings and equipment: accumulated depreciation

$6,608,258

10c · Land, buildings and equipment, net

beginning of year $11,959,818 · end of year $7,385,591

11 · Investments: publicly traded securities

beginning of year $3,123,046 · end of year $4,902,735

12 · Investments: other securities

beginning of year $30,338 · end of year $30,338

15 · Other assets

beginning of year $876,293 · end of year $1,753,324

17 · Accounts payable and accrued expenses

beginning of year $338,966 · end of year $505,526

23 · Secured mortgages and notes payable

beginning of year $5,325,040 · end of year $2,883,744

25 · Other liabilities

beginning of year $20,038 · end of year $18,938

27 · Net assets without donor restrictions

beginning of year $6,827,871 · end of year $5,438,811

28 · Net assets with donor restrictions

beginning of year $5,253,930 · end of year $7,158,111