Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $261,477

• 1c · Fundraising events

  $229,578

• 1d · Related organizations

  $797,943

• 1f · All other contributions, gifts and grants

  $2,740,326

• 1g · Noncash contributions included above

  $434,006

• 2a · Program service revenue: TUITION & FEES

  total $40,880,730 · related or exempt $40,880,730

• 2b · Program service revenue: ENRICHMENT PROGRAMS

  total $1,763,437 · related or exempt $1,763,437

• 2c · Program service revenue: SUMMER PROGRAMS

  total $1,089,950 · related or exempt $1,089,950

• 2d · Program service revenue: AFTERNOON PRE-K

  total $458,543 · related or exempt $458,543

• 3 · Investment income

  total $840,514 · excluded $840,514

• 6a · Gross rents

  real property $63,704

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $63,704

• 6d · Net rental income or loss

  total $63,704 · related or exempt $63,704

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

  other assets $108,282

• 7c · Gain or loss

  other assets -$108,282

• 7d · Net gain or loss

  total -$108,282 · related or exempt -$108,282

• 8a · Fundraising events: gross income

  $421,070

• 8a · Fundraising events: contributions included on line 1c

  $229,578

• 8b · Fundraising events: direct expenses

  $491,163

• 8c · Net income from fundraising events

  total -$70,093 · excluded -$70,093

• 9a · Gaming: gross income

  $60,906

• 9b · Gaming: direct expenses

  $35,940

• 9c · Net income from gaming

  total $24,966 · excluded $24,966

• 10a · Gross sales of inventory

  $805,568

• 10b · Cost of goods sold

  $424,251

• 10c · Net income from sales of inventory

  total $381,317 · related or exempt $381,087 · unrelated business $230

• 11a · Other revenue: ATHLETICS GATE REVENUE

  total $36,660 · related or exempt $36,660

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $12,790 · related or exempt $12,790

• 11c · Other revenue: ATHLETICS CONCESSIONS

  total $11,600 · related or exempt $11,600

• 11d · All other revenue

  total $1,436 · related or exempt $1,436

• 11e · Other revenue, total

  $62,486

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $30,000 · program services $30,000

• 2 · Grants to domestic individuals

  total $4,707,791 · program services $4,707,791

• 5 · Compensation of officers, directors and key employees

  total $1,420,347 · program services $930,807 · management and general $489,540

• 7 · Other salaries and wages

  total $21,157,150 · program services $18,499,266 · management and general $1,870,559 · fundraising $787,325

• 8 · Pension plan contributions

  total $1,101,844 · program services $921,211 · management and general $137,250 · fundraising $43,383

• 9 · Other employee benefits

  total $3,418,345 · program services $2,842,734 · management and general $465,051 · fundraising $110,560

• 10 · Payroll taxes

  total $1,581,114 · program services $1,360,660 · management and general $162,403 · fundraising $58,051

• 11b · Fees: legal

  total $104,317 · management and general $104,317

• 11c · Fees: accounting

  total $50,348 · management and general $50,348

• 11e · Fees: professional fundraising services

  total $68,937 · fundraising $68,937

• 11f · Fees: investment management

  total $100 · management and general $100

• 11g · Fees: other

  total $1,560,411 · program services $1,498,851 · management and general $61,560

• 12 · Advertising and promotion

  total $82,536 · program services $4,235 · management and general $78,301

• 13 · Office expenses

  total $245,648 · management and general $245,648

• 14 · Information technology

  total $457,803 · program services $184,615 · management and general $273,188

• 16 · Occupancy

  total $3,642,949 · program services $3,553,346 · management and general $73,657 · fundraising $15,946

• 17 · Travel

  total $613,036 · program services $569,340 · management and general $43,610 · fundraising $86

• 19 · Conferences, conventions and meetings

  total $160,165 · program services $73,629 · management and general $86,536

• 20 · Interest

  total $593,031 · program services $578,205 · management and general $11,861 · fundraising $2,965

• 22 · Depreciation, depletion and amortization

  total $4,264,556 · program services $4,157,943 · management and general $85,291 · fundraising $21,322

• 23 · Insurance

  total $587,168 · program services $569,672 · management and general $13,997 · fundraising $3,499

• 24a · Other expenses: INSTRUCTION

  total $2,231,952 · program services $2,114,182 · management and general $117,155 · fundraising $615

• 24b · Other expenses: MISCELLANEOUS

  total $776,952 · program services $398,636 · management and general $214,543 · fundraising $163,773

• 24c · Other expenses: DEVELOPMENT

  total $359,415 · management and general $173,244 · fundraising $186,171

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $19,379,680 · end of year $8,942,495

• 2 · Savings and temporary cash investments

  beginning of year $8,124,871 · end of year $20,207,544

• 3 · Pledges and grants receivable

  beginning of year $1,209,657 · end of year $605,681

• 4 · Accounts receivable

  beginning of year $17,069,130 · end of year $19,545,393

• 8 · Inventories for sale or use

  beginning of year $232,591 · end of year $297,692

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,442,724 · end of year $2,728,884

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

  $106,873,332

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

  $54,848,836

• 10c · Land, buildings and equipment, net

  beginning of year $53,492,892 · end of year $52,024,496

• 15 · Other assets

  beginning of year $678,560 · end of year $272,387

• 17 · Accounts payable and accrued expenses

  beginning of year $2,833,224 · end of year $2,961,707

• 19 · Deferred revenue

  beginning of year $37,391,672 · end of year $40,305,131

• 20 · Tax-exempt bond liabilities

  beginning of year $15,505,602 · end of year $14,179,931

• 25 · Other liabilities

  beginning of year $2,558,374 · end of year $2,147,930

• 27 · Net assets without donor restrictions

  beginning of year $42,507,365 · end of year $42,969,809

• 28 · Net assets with donor restrictions

  beginning of year $2,833,868 · end of year $2,060,064

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 7

THE DISCRETIONARY BONUS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES.