Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $281,502

• 1c · Fundraising events

  $216,588

• 1d · Related organizations

  $725,500

• 1f · All other contributions, gifts and grants

  $2,207,410

• 1g · Noncash contributions included above

  $54,103

• 2a · Program service revenue: TUITION & FEES

  total $37,143,139 · related or exempt $37,143,139

• 2b · Program service revenue: ENRICHMENT PROGRAMS

  total $1,681,490 · related or exempt $1,681,490

• 2c · Program service revenue: AFTERNOON PRE-K

  total $989,383 · related or exempt $989,383

• 2d · Program service revenue: SUMMER PROGRAMS

  total $331,375 · related or exempt $331,375

• 3 · Investment income

  total $333,180 · excluded $333,180

• 6a · Gross rents

  real property $34,028

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $34,028

• 6d · Net rental income or loss

  total $34,028 · related or exempt $34,028

• 7b · Less cost or other basis and sales expenses

  other assets $191,678

• 7c · Gain or loss

  other assets -$191,678

• 7d · Net gain or loss

  total -$191,678 · related or exempt -$191,678

• 8a · Fundraising events: gross income

  $312,451

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

  $216,588

• 8b · Fundraising events: direct expenses

  $544,124

• 8c · Net income from fundraising events

  total -$231,673 · excluded -$231,673

• 9a · Gaming: gross income

  $36,400

• 9b · Gaming: direct expenses

  $7,440

• 9c · Net income from gaming

  total $28,960 · excluded $28,960

• 10a · Gross sales of inventory

  $780,802

• 10b · Cost of goods sold

  $445,657

• 10c · Net income from sales of inventory

  total $335,145 · related or exempt $334,463 · unrelated business $682

• 11a · Other revenue: ATHLETICS GATE REVENUE

  total $37,394 · related or exempt $37,394

• 11b · Other revenue: BACKGROUND CHECKS & REIMBUSEMENTS

  total $1,870 · related or exempt $1,870

• 11e · Other revenue, total

  $39,264

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $30,000 · program services $30,000

• 2 · Grants to domestic individuals

  total $3,860,851 · program services $3,860,851

• 5 · Compensation of officers, directors and key employees

  total $1,337,437 · program services $856,664 · management and general $480,773

• 7 · Other salaries and wages

  total $17,981,133 · program services $16,099,034 · management and general $1,349,383 · fundraising $532,716

• 8 · Pension plan contributions

  total $958,610 · program services $808,263 · management and general $119,275 · fundraising $31,072

• 9 · Other employee benefits

  total $2,820,280 · program services $2,351,236 · management and general $390,500 · fundraising $78,544

• 10 · Payroll taxes

  total $1,379,122 · program services $1,191,425 · management and general $144,197 · fundraising $43,500

• 11b · Fees: legal

  total $31,937 · management and general $31,937

• 11c · Fees: accounting

  total $33,067 · management and general $33,067

• 11f · Fees: investment management

  total $50 · management and general $50

• 11g · Fees: other

  total $1,280,771 · program services $1,220,948 · management and general $59,823

• 12 · Advertising and promotion

  total $74,052 · program services $4,941 · management and general $69,111

• 13 · Office expenses

  total $238,839 · management and general $238,839

• 14 · Information technology

  total $432,528 · program services $207,134 · management and general $225,394

• 16 · Occupancy

  total $2,975,863 · program services $2,900,535 · management and general $62,194 · fundraising $13,134

• 17 · Travel

  total $489,367 · program services $488,636 · management and general $585 · fundraising $146

• 19 · Conferences, conventions and meetings

  total $103,448 · program services $103,448

• 20 · Interest

  total $708,069 · program services $690,368 · management and general $14,161 · fundraising $3,540

• 22 · Depreciation, depletion and amortization

  total $3,944,836 · program services $3,846,215 · management and general $78,897 · fundraising $19,724

• 23 · Insurance

  total $522,473 · program services $507,114 · management and general $12,287 · fundraising $3,072

• 24a · Other expenses: INSTRUCTION

  total $2,187,017 · program services $2,082,055 · management and general $104,727 · fundraising $235

• 24b · Other expenses: MISCELLANEOUS

  total $607,430 · program services $217,994 · management and general $389,436

• 24c · Other expenses: DEVELOPMENT

  total $312,563 · management and general $208,517 · fundraising $104,046

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $21,967,147 · end of year $18,179,316

• 2 · Savings and temporary cash investments

  end of year $6,875,559

• 3 · Pledges and grants receivable

  beginning of year $4,056,374 · end of year $2,012,784

• 4 · Accounts receivable

  beginning of year $14,031,480 · end of year $16,014,538

• 8 · Inventories for sale or use

  beginning of year $189,919 · end of year $272,053

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,914,099 · end of year $1,801,719

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

  $103,424,545

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

  $48,357,872

• 10c · Land, buildings and equipment, net

  beginning of year $56,018,335 · end of year $55,066,673

• 15 · Other assets

  beginning of year $75,648 · end of year $812,652

• 17 · Accounts payable and accrued expenses

  beginning of year $2,413,987 · end of year $2,993,713

• 19 · Deferred revenue

  beginning of year $34,265,943 · end of year $35,925,119

• 20 · Tax-exempt bond liabilities

  beginning of year $17,837,990 · end of year $16,829,260

• 24 · Unsecured notes and loans payable

  beginning of year $510,050 · end of year $273,450

• 25 · Other liabilities

  beginning of year $649,825 · end of year $177,062

• 27 · Net assets without donor restrictions

  beginning of year $39,171,588 · end of year $42,068,465

• 28 · Net assets with donor restrictions

  beginning of year $3,403,619 · end of year $2,768,225

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A

DAVE MONACO RECEIVED A SEVERANCE PAYMENT OF $167,092.