Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,776,390

• 2a · Program service revenue: MANAGEMENT/CONSULTING FEES

  total $13,169,227 · related or exempt $13,169,227

• 2b · Program service revenue: RENTAL TO CHARTER SCHOOLS

  total $7,973,479 · related or exempt $7,973,479

• 3 · Investment income

  total $39,660 · excluded $39,660

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

  other assets $55,314

• 7c · Gain or loss

  other assets -$55,314

• 7d · Net gain or loss

  total -$55,314 · excluded -$55,314

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $159,616 · program services $159,616

• 5 · Compensation of officers, directors and key employees

  total $2,632,171 · program services $2,368,954 · management and general $263,217

• 7 · Other salaries and wages

  total $6,580,580 · program services $5,922,522 · management and general $658,058

• 9 · Other employee benefits

  total $671,390 · program services $604,251 · management and general $67,139

• 10 · Payroll taxes

  total $502,289 · program services $452,060 · management and general $50,229

• 11a · Fees: management

  total $157,192 · management and general $157,192

• 11b · Fees: legal

  total $192,390 · management and general $192,390

• 11g · Fees: other

  total $790,507 · program services $711,456 · management and general $79,051

• 12 · Advertising and promotion

  total $583,976 · program services $583,976

• 13 · Office expenses

  total $230,534 · program services $202,370 · management and general $28,164

• 14 · Information technology

  total $123,635 · program services $123,635

• 16 · Occupancy

  total $2,383,518 · program services $2,085,856 · management and general $297,662

• 17 · Travel

  total $437,710 · program services $393,939 · management and general $43,771

• 19 · Conferences, conventions and meetings

  total $1,192 · program services $872 · management and general $320

• 20 · Interest

  total $213,487 · program services $206,012 · management and general $7,475

• 22 · Depreciation, depletion and amortization

  total $731,334 · program services $658,200 · management and general $73,134

• 23 · Insurance

  total $168,175 · program services $151,358 · management and general $16,817

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $376,948 · program services $376,948

• 24b · Other expenses: PROFESSIONAL DEVELOP.

  total $212,273 · program services $212,273

• 24c · Other expenses: MISCELLANEOUS

  total $183,053 · program services $183,053

• 24d · Other expenses: FOOD

  total $85,023 · program services $76,521 · management and general $8,502

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,045,611 · end of year $5,741,957

• 2 · Savings and temporary cash investments

  beginning of year $453,737 · end of year $5,493,398

• 4 · Accounts receivable

  end of year $2,190,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $211,567 · end of year $255,677

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

  $9,281,238

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

  $3,229,988

• 10c · Land, buildings and equipment, net

  beginning of year $6,782,584 · end of year $6,051,250

• 15 · Other assets

  beginning of year $37,307,611 · end of year $39,120,352

• 17 · Accounts payable and accrued expenses

  beginning of year $1,519,261 · end of year $1,189,591

• 19 · Deferred revenue

  beginning of year $3,231,080 · end of year $2,126,222

• 21 · Escrow or custodial account liability

  beginning of year $570,755 · end of year $570,755

• 23 · Secured mortgages and notes payable

  beginning of year $4,071,445 · end of year $3,559,574

• 25 · Other liabilities

  beginning of year $32,873,988 · end of year $33,385,962

• 27 · Net assets without donor restrictions

  beginning of year $9,534,581 · end of year $18,021,030

The filer's explanations (Part III)

PART I, LINE 4A

LINDA JONES EASTON, SENIOR ADVISOR TO CEO RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $13,865 WHICH IS INCLUDED IN PART II, COLUMN (B)(III).

PART I, LINE 7

THE ORGANIZATION AWARDED DISCRETIONARY BONUSES TO PERSONS LISTED ON PART VII OF THE 990, AND IS REPORTED IN PART II, COLUMN B(II).