Form 990 for tax year 2024

1c · Fundraising events

$285,104

1f · All other contributions, gifts and grants

$365,518

2a · Program service revenue: TUITION

total $9,604,008 · related or exempt $9,604,008

2b · Program service revenue: STUDENT CHARGES

total $1,086,919 · related or exempt $1,086,919

2c · Program service revenue: TRANSPORTATION FEES

total $58,355 · related or exempt $58,355

3 · Investment income

total $509,712 · excluded $509,712

8a · Fundraising events: gross income

$204,647

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

$285,104

8b · Fundraising events: direct expenses

$204,647

11a · Other revenue: MISCELLANEOUS

total $142,220 · related or exempt $142,220

11b · Other revenue: RECOVERY OF IMPAIRMENT LOSS

total $46,231 · excluded $46,231

11e · Other revenue, total

$188,451

5 · Compensation of officers, directors and key employees

total $368,575 · management and general $258,003 · fundraising $110,572

7 · Other salaries and wages

total $5,435,176 · program services $4,446,199 · management and general $883,297 · fundraising $105,680

8 · Pension plan contributions

total $178,230 · program services $136,619 · management and general $35,404 · fundraising $6,207

9 · Other employee benefits

total $659,337 · program services $505,402 · management and general $130,973 · fundraising $22,962

10 · Payroll taxes

total $441,246 · program services $340,529 · management and general $85,131 · fundraising $15,586

22 · Depreciation, depletion and amortization

total $782,797 · program services $743,657 · management and general $39,140

24a · Other expenses: INSTRUCTIONAL

total $1,079,187 · program services $1,079,187

24b · Other expenses: GENERAL & ADMIN

total $853,816 · management and general $768,434 · fundraising $85,382

24c · Other expenses: OPERATIONS

total $594,346 · program services $575,728 · management and general $18,618

24d · Other expenses: INTEREST AND DEBT CARRYIN

total $473,258 · program services $449,595 · management and general $23,663

24e · All other expenses

total $36,980 · program services $36,980

1 · Cash, non-interest-bearing

beginning of year $162,727 · end of year $106,825

2 · Savings and temporary cash investments

beginning of year $9,570,022 · end of year $10,601,003

3 · Pledges and grants receivable

beginning of year $125,768 · end of year $62,944

4 · Accounts receivable

beginning of year $205,639 · end of year $62,294

9 · Prepaid expenses and deferred charges

beginning of year $30,222 · end of year $5,808

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

$35,898,403

10b · Land, buildings and equipment: accumulated depreciation

$12,036,618

10c · Land, buildings and equipment, net

beginning of year $24,071,837 · end of year $23,861,785

11 · Investments: publicly traded securities

beginning of year $3,698,903 · end of year $3,956,637

14 · Intangible assets

end of year $70,025

15 · Other assets

beginning of year $4,263 · end of year $25,591

17 · Accounts payable and accrued expenses

beginning of year $550,839 · end of year $284,892

20 · Tax-exempt bond liabilities

beginning of year $17,875,520 · end of year $17,309,641

25 · Other liabilities

beginning of year $2,249,080 · end of year $2,554,729

27 · Net assets without donor restrictions

beginning of year $14,938,837 · end of year $16,187,149

28 · Net assets with donor restrictions

beginning of year $2,255,105 · end of year $2,416,501