Form 990 for tax year 2024

1c · Fundraising events

$12,500

1e · Government grants (contributions)

$2,766,093

1f · All other contributions, gifts and grants

$5,641,116

1g · Noncash contributions included above

$1,961,286

2a · Program service revenue: TUITION AND FEES

total $29,558,607 · related or exempt $29,558,607

2b · Program service revenue: OTHER FEES

total $226,317 · related or exempt $226,317

3 · Investment income

total $981,319 · excluded $981,319

7a · Gross sales of assets other than inventory

securities $22,145,762 · other assets $4,772

7b · Less cost or other basis and sales expenses

securities $20,071,667 · other assets $0

7c · Gain or loss

securities $2,074,095 · other assets $4,772

7d · Net gain or loss

total $2,078,867 · excluded $2,078,867

8a · Fundraising events: gross income

$146,550

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

$12,500

8b · Fundraising events: direct expenses

$38,840

8c · Net income from fundraising events

total $107,710 · excluded $107,710

2 · Grants to domestic individuals

total $14,404,560 · program services $14,404,560

5 · Compensation of officers, directors and key employees

total $541,265 · program services $196,469 · management and general $344,796

7 · Other salaries and wages

total $12,266,809 · program services $10,138,890 · management and general $1,697,422 · fundraising $430,497

8 · Pension plan contributions

total $599,774 · program services $476,141 · management and general $97,304 · fundraising $26,329

9 · Other employee benefits

total $1,473,205 · program services $1,200,908 · management and general $214,309 · fundraising $57,988

10 · Payroll taxes

total $915,911 · program services $742,417 · management and general $141,263 · fundraising $32,231

11e · Fees: professional fundraising services

total $113,511 · fundraising $113,511

11g · Fees: other

total $288,858 · program services $65,698 · management and general $166,053 · fundraising $57,107

12 · Advertising and promotion

total $563,045 · program services $387,769 · management and general $158,557 · fundraising $16,719

16 · Occupancy

total $1,038,171 · program services $963,623 · management and general $74,548

17 · Travel

total $17,794 · program services $1,772 · management and general $8,420 · fundraising $7,602

19 · Conferences, conventions and meetings

total $72,824 · program services $53,933 · management and general $12,722 · fundraising $6,169

20 · Interest

total $302,431 · program services $302,431

22 · Depreciation, depletion and amortization

total $2,287,587 · program services $2,230,327 · management and general $57,260

23 · Insurance

total $240,975 · program services $52,572 · management and general $188,403

24a · Other expenses: FOOD SERVICE

total $1,754,404 · program services $1,754,404

24b · Other expenses: OTHER OPERATING EXPENSE

total $1,255,608 · program services $875,635 · management and general $194,290 · fundraising $185,683

24c · Other expenses: ATHLETICS

total $801,389 · program services $801,389

24d · Other expenses: BAD DEBTS

total $6,304 · program services $375 · management and general $5,929

24e · All other expenses

total $1,555,214 · program services $1,358,368 · management and general $189,733 · fundraising $7,113

2 · Savings and temporary cash investments

beginning of year $5,066,122 · end of year $2,930,421

3 · Pledges and grants receivable

beginning of year $1,411,831 · end of year $2,175,111

4 · Accounts receivable

beginning of year $954,496 · end of year $404,650

8 · Inventories for sale or use

beginning of year $17,536 · end of year $10,521

9 · Prepaid expenses and deferred charges

beginning of year $163,571 · end of year $101,666

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

$80,116,544

10b · Land, buildings and equipment: accumulated depreciation

$34,180,329

10c · Land, buildings and equipment, net

beginning of year $47,145,858 · end of year $45,936,215

11 · Investments: publicly traded securities

beginning of year $31,570,064 · end of year $35,418,904

15 · Other assets

beginning of year $423,059 · end of year $332,898

17 · Accounts payable and accrued expenses

beginning of year $2,234,188 · end of year $2,278,603

19 · Deferred revenue

beginning of year $2,816,675 · end of year $2,538,733

20 · Tax-exempt bond liabilities

beginning of year $6,905,555 · end of year $6,341,197

23 · Secured mortgages and notes payable

beginning of year $3,212,006 · end of year $2,909,464

24 · Unsecured notes and loans payable

beginning of year $1,360,594 · end of year $907,063

25 · Other liabilities

beginning of year $383,973 · end of year $358,700

27 · Net assets without donor restrictions

beginning of year $42,300,870 · end of year $40,165,073

28 · Net assets with donor restrictions

beginning of year $27,538,676 · end of year $31,811,553