Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $300,000

• 1e · Government grants (contributions)

  $6,599,773

• 1f · All other contributions, gifts and grants

  $50,485

• 2a · Program service revenue: FOOD PROGRAM REVENUE

  total $448,914 · related or exempt $448,914

• 2b · Program service revenue: STUDENT FEES & ACTIVIT

  total $35,096 · related or exempt $35,096

• 3 · Investment income

  total $25,287 · excluded $25,287

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $1,079 · excluded $1,079

• 11e · Other revenue, total

  $1,079

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $203,009 · program services $182,709 · management and general $10,150 · fundraising $10,150

• 7 · Other salaries and wages

  total $3,748,724 · program services $3,001,565 · management and general $713,923 · fundraising $33,236

• 8 · Pension plan contributions

  total $347,209 · program services $279,414 · management and general $64,133 · fundraising $3,662

• 9 · Other employee benefits

  total $271,289 · program services $218,091 · management and general $50,431 · fundraising $2,767

• 10 · Payroll taxes

  total $112,642 · program services $90,744 · management and general $20,670 · fundraising $1,228

• 11c · Fees: accounting

  total $42,000 · management and general $42,000

• 11g · Fees: other

  total $313,433 · program services $309,312 · management and general $4,121

• 13 · Office expenses

  total $599,341 · program services $513,127 · management and general $79,502 · fundraising $6,712

• 16 · Occupancy

  total $279,917 · program services $229,143 · management and general $47,902 · fundraising $2,872

• 20 · Interest

  total $42,127 · program services $33,938 · management and general $7,730 · fundraising $459

• 22 · Depreciation, depletion and amortization

  total $245,564 · program services $197,826 · management and general $45,061 · fundraising $2,677

• 23 · Insurance

  total $100,491 · program services $80,956 · management and general $18,440 · fundraising $1,095

• 24a · Other expenses: FOOD PROGRAM COST

  total $448,427 · program services $448,427

• 24b · Other expenses: DIRECT STUDENT COSTS

  total $272,102 · program services $272,102

• 24c · Other expenses: CPS ADMINISTRATIVE FEE

  total $169,700 · management and general $169,700

• 24d · Other expenses: PROF DEVELOPMENT

  total $22,761 · program services $18,336 · management and general $4,177 · fundraising $248

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $420,740 · end of year $960,721

• 2 · Savings and temporary cash investments

  beginning of year $760,388 · end of year $785,675

• 3 · Pledges and grants receivable

  beginning of year $561,380 · end of year $120,913

• 4 · Accounts receivable

  beginning of year $620 · end of year $620

• 9 · Prepaid expenses and deferred charges

  beginning of year $80,395 · end of year $71,638

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

  $4,116,176

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

  $2,809,534

• 10c · Land, buildings and equipment, net

  beginning of year $1,101,104 · end of year $1,306,642

• 17 · Accounts payable and accrued expenses

  beginning of year $462,737 · end of year $605,164

• 23 · Secured mortgages and notes payable

  beginning of year $665,164 · end of year $602,421

• 27 · Net assets without donor restrictions

  beginning of year $1,796,726 · end of year $2,038,624

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE AWARDED AT THE DISCRETION OF THE BOARD AND LEADERSHIP, BASED ON THE SCHOOL'S OVERALL FINANCIAL HEALTH, ACHIEVEMENT OF STRATEGIC GOALS, AND INDIVIDUAL PERFORMANCE METRICS.