Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$12,495,131

1g · Noncash contributions included above

$10,379,972

2a · Program service revenue: TUITION

total $10,937,158 · related or exempt $10,937,158

2b · Program service revenue: TRIP FEES

total $399,794 · related or exempt $399,794

2c · Program service revenue: ACTIVITY FEES

total $336,183 · related or exempt $336,183

3 · Investment income

total $466,972 · excluded $466,972

7a · Gross sales of assets other than inventory

securities $8,690,462

7b · Less cost or other basis and sales expenses

securities $8,694,254

7c · Gain or loss

securities -$3,792

7d · Net gain or loss

total -$3,792 · excluded -$3,792

2 · Grants to domestic individuals

total $2,200,576 · program services $2,200,576

5 · Compensation of officers, directors and key employees

total $735,297 · program services $252,222 · management and general $275,229 · fundraising $207,846

7 · Other salaries and wages

total $6,519,772 · program services $5,419,153 · management and general $1,100,619

8 · Pension plan contributions

total $264,466 · program services $206,737 · management and general $52,559 · fundraising $5,170

9 · Other employee benefits

total $674,380 · program services $527,171 · management and general $134,025 · fundraising $13,184

10 · Payroll taxes

total $517,908 · program services $404,855 · management and general $102,928 · fundraising $10,125

11b · Fees: legal

total $16,772 · management and general $16,772

11c · Fees: accounting

total $31,500 · management and general $31,500

11f · Fees: investment management

total $4,744 · management and general $4,744

11g · Fees: other

total $393,445 · program services $328,947 · management and general $59,805 · fundraising $4,693

12 · Advertising and promotion

total $82,653 · management and general $82,653

13 · Office expenses

total $34,431 · program services $25,823 · management and general $8,608

14 · Information technology

total $85,700 · program services $66,993 · management and general $17,032 · fundraising $1,675

16 · Occupancy

total $756,790 · program services $681,111 · management and general $75,679

17 · Travel

total $1,337,131 · program services $1,337,131

20 · Interest

total $217,016 · program services $195,314 · management and general $21,702

22 · Depreciation, depletion and amortization

total $1,007,046 · program services $906,341 · management and general $100,705

23 · Insurance

total $148,856 · program services $148,856

24a · Other expenses: PROGRAM AND CURRICULUM

total $1,115,377 · program services $1,115,377

24b · Other expenses: SECURITY

total $316,248 · program services $316,248

24c · Other expenses: RECRUITING

total $159,001 · management and general $159,001

24d · Other expenses: FOOD

total $93,137 · program services $93,137

24e · All other expenses

total $263,013 · program services $177,094 · management and general $84,198 · fundraising $1,721

1 · Cash, non-interest-bearing

beginning of year $2,684,397 · end of year $3,679,828

2 · Savings and temporary cash investments

beginning of year $2,897,092 · end of year $1,909,559

3 · Pledges and grants receivable

beginning of year $4,135,141 · end of year $2,714,210

4 · Accounts receivable

beginning of year $210,541 · end of year $164,950

9 · Prepaid expenses and deferred charges

beginning of year $232,569 · end of year $326,910

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

$45,916,609

10b · Land, buildings and equipment: accumulated depreciation

$10,391,996

10c · Land, buildings and equipment, net

beginning of year $35,062,039 · end of year $35,524,613

11 · Investments: publicly traded securities

beginning of year $2,190,571 · end of year $3,319,810

12 · Investments: other securities

beginning of year $647,434 · end of year $687,236

15 · Other assets

beginning of year $17,309,678 · end of year $23,398,599

17 · Accounts payable and accrued expenses

beginning of year $3,177,555 · end of year $1,236,552

19 · Deferred revenue

beginning of year $1,032,130 · end of year $2,111,364

23 · Secured mortgages and notes payable

beginning of year $7,399,117 · end of year $7,050,123

25 · Other liabilities

beginning of year $281,330 · end of year $55,951

27 · Net assets without donor restrictions

beginning of year $42,556,463 · end of year $54,792,161

28 · Net assets with donor restrictions

beginning of year $10,922,867 · end of year $6,479,564