Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $7,932,361

• 1g · Noncash contributions included above

  $640,178

• 2a · Program service revenue: TUITION AND FEES

  total $36,484,956 · related or exempt $36,484,956

• 2b · Program service revenue: SUMMER ATHLETIC CAMPS

  total $56,142 · unrelated business $56,142

• 2c · Program service revenue: USE OF FACILITIES

  total $44,184 · unrelated business $44,184

• 3 · Investment income

  total $5,700,292 · unrelated business $902,363 · excluded $4,797,929

• 7a · Gross sales of assets other than inventory

  securities $10,673,303

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

  securities $7,663,754

• 7c · Gain or loss

  securities $3,009,549

• 7d · Net gain or loss

  total $3,009,549 · excluded $3,009,549

• 10a · Gross sales of inventory

  $141,297

• 10b · Cost of goods sold

  $133,220

• 10c · Net income from sales of inventory

  total $8,077 · related or exempt $8,077

• 11a · Other revenue: STUDENT BUS TRIPS

  total $94,019 · related or exempt $94,019

• 11b · Other revenue: MISCELLANEOUS INCOME

  total -$18,598 · related or exempt -$18,598

• 11e · Other revenue, total

  $75,421

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $20,000 · program services $20,000

• 2 · Grants to domestic individuals

  total $7,512,264 · program services $7,512,264

• 5 · Compensation of officers, directors and key employees

  total $1,277,393 · program services $137,250 · management and general $1,002,893 · fundraising $137,250

• 7 · Other salaries and wages

  total $15,350,306 · program services $9,573,634 · management and general $4,684,968 · fundraising $1,091,704

• 8 · Pension plan contributions

  total $1,552,985 · program services $974,625 · management and general $469,593 · fundraising $108,767

• 9 · Other employee benefits

  total $2,876,392 · program services $1,805,503 · management and general $859,546 · fundraising $211,343

• 10 · Payroll taxes

  total $1,241,170 · program services $735,506 · management and general $414,451 · fundraising $91,213

• 11b · Fees: legal

  total $482,794 · management and general $482,794

• 11c · Fees: accounting

  total $36,250 · management and general $36,250

• 11e · Fees: professional fundraising services

  total $1,500 · fundraising $1,500

• 11f · Fees: investment management

  total $354,639 · management and general $354,639

• 11g · Fees: other

  total $302,941 · management and general $200,286 · fundraising $102,655

• 12 · Advertising and promotion

  total $12 · fundraising $12

• 13 · Office expenses

  total $832,525 · management and general $504,175 · fundraising $328,350

• 14 · Information technology

  total $68,283 · fundraising $68,283

• 16 · Occupancy

  total $1,496,980 · program services $1,206,171 · management and general $270,594 · fundraising $20,215

• 17 · Travel

  total $373,700 · management and general $146,243 · fundraising $227,457

• 20 · Interest

  total $1,810,108 · program services $1,620,046 · management and general $162,910 · fundraising $27,152

• 22 · Depreciation, depletion and amortization

  total $6,313,770 · program services $5,650,825 · management and general $568,239 · fundraising $94,706

• 23 · Insurance

  total $583,756 · management and general $583,756

• 24a · Other expenses: INSTRUCTIONAL

  total $3,893,059 · program services $3,893,059

• 24b · Other expenses: FOOD SERVICE

  total $2,761,489 · program services $2,761,489

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $1,906,297 · program services $1,706,136 · management and general $171,567 · fundraising $28,594

• 24d · Other expenses: AUTO-GROUNDS-HOUSEKEEPI

  total $1,898,949 · program services $1,699,560 · management and general $170,905 · fundraising $28,484

• 24e · All other expenses

  total $2,855,246 · program services $1,127,135 · management and general $213,078 · fundraising $1,515,033

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,095,235 · end of year $341,472

• 2 · Savings and temporary cash investments

  beginning of year $21,602,839 · end of year $9,512,097

• 3 · Pledges and grants receivable

  beginning of year $11,228,669 · end of year $9,134,720

• 4 · Accounts receivable

  beginning of year $672,921 · end of year $1,544,591

• 8 · Inventories for sale or use

  beginning of year $132,155 · end of year $138,199

• 9 · Prepaid expenses and deferred charges

  beginning of year $295,382 · end of year $300,223

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

  $164,427,525

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

  $54,733,110

• 10c · Land, buildings and equipment, net

  beginning of year $105,361,578 · end of year $109,694,415

• 11 · Investments: publicly traded securities

  beginning of year $113,502,699 · end of year $134,922,804

• 12 · Investments: other securities

  beginning of year $78,899,470 · end of year $80,290,444

• 15 · Other assets

  beginning of year $136,808 · end of year $52,136

• 17 · Accounts payable and accrued expenses

  beginning of year $5,418,212 · end of year $4,084,716

• 19 · Deferred revenue

  beginning of year $160,280 · end of year $151,220

• 20 · Tax-exempt bond liabilities

  beginning of year $43,969,085 · end of year $42,915,085

• 25 · Other liabilities

  beginning of year $5,467,497 · end of year $5,740,799

• 27 · Net assets without donor restrictions

  beginning of year $109,474,534 · end of year $120,535,093

• 28 · Net assets with donor restrictions

  beginning of year $168,438,148 · end of year $172,504,188

The filer's explanations (Part III)

PART I, LINES 4A-B

PER CONFIDENTIALITY AGREEMENTS SIGNED BY THE ORGANIZATION, A SEVERANCE PACKAGE PAID TO AN EMPLOYEE IS NOT OPEN FOR PUBLIC INSPECTION. THIS INFORMATION WILL BE MADE AVAILABLE TO THE TAX AUTHORITIES UPON REQUEST.