Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$1,163,453

2a · Program service revenue: TUITION & FEES

total $3,597,444 · related or exempt $3,597,444

2b · Program service revenue: AUXILIARY

total $781,797 · related or exempt $781,797

3 · Investment income

total $8,651 · excluded $8,651

11a · Other revenue: OTHER INCOME

total $356,962 · excluded $356,962

11e · Other revenue, total

$356,962

2 · Grants to domestic individuals

total $923,808 · program services $923,808

5 · Compensation of officers, directors and key employees

total $122,681 · program services $98,145 · management and general $24,536

6 · Compensation of disqualified persons

total $69,766 · program services $55,813 · management and general $13,953

7 · Other salaries and wages

total $1,853,813 · program services $1,483,054 · management and general $370,759

9 · Other employee benefits

total $466,511 · program services $375,770 · management and general $90,741

10 · Payroll taxes

total $156,501 · program services $126,060 · management and general $30,441

11g · Fees: other

total $27,000 · program services $27,000

12 · Advertising and promotion

total $42,183 · program services $29,526 · fundraising $12,657

13 · Office expenses

total $180,751 · program services $163,392 · management and general $17,359

14 · Information technology

total $87,516 · program services $79,111 · management and general $8,405

16 · Occupancy

total $494,696 · program services $447,188 · management and general $47,508

17 · Travel

total $86,653 · program services $58,639 · management and general $18,676 · fundraising $9,338

19 · Conferences, conventions and meetings

total $4,472 · program services $3,026 · management and general $964 · fundraising $482

20 · Interest

total $24,855 · management and general $24,855

22 · Depreciation, depletion and amortization

total $350,233 · program services $350,233

23 · Insurance

total $101,684 · program services $101,684

24a · Other expenses: STUDENT SERVICES

total $584,939 · program services $584,939

24b · Other expenses: OTHER EXPENSES

total $145,039 · program services $141,207 · fundraising $3,832

24c · Other expenses: ACCREDITATION EXPENSES

total $32,899 · program services $32,899

1 · Cash, non-interest-bearing

beginning of year $140,365 · end of year $98,008

3 · Pledges and grants receivable

end of year $154,236

4 · Accounts receivable

beginning of year $227,123 · end of year $292,475

8 · Inventories for sale or use

beginning of year $24,058 · end of year $32,464

9 · Prepaid expenses and deferred charges

beginning of year $38,329 · end of year $20,303

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

$9,221,065

10b · Land, buildings and equipment: accumulated depreciation

$3,441,029

10c · Land, buildings and equipment, net

beginning of year $5,836,113 · end of year $5,780,036

11 · Investments: publicly traded securities

beginning of year $52,821 · end of year $59,204

15 · Other assets

beginning of year $207,078 · end of year $175,175

17 · Accounts payable and accrued expenses

beginning of year $353,427 · end of year $317,063

19 · Deferred revenue

beginning of year $12,786 · end of year $13,344

24 · Unsecured notes and loans payable

end of year $50,000

25 · Other liabilities

beginning of year $329,586 · end of year $249,099

27 · Net assets without donor restrictions

beginning of year $1,884,905 · end of year $2,229,241

28 · Net assets with donor restrictions

beginning of year $3,945,183 · end of year $3,753,154