Form 990 for tax year 2022

1a · Federated campaigns

$37,200

1e · Government grants (contributions)

$99,505

1f · All other contributions, gifts and grants

$1,854,865

2a · Program service revenue: TUITIONS

total $12,901,290 · related or exempt $12,901,290

3 · Investment income

total $152,895 · related or exempt $152,895

8a · Fundraising events: gross income

$719,367

8b · Fundraising events: direct expenses

$349,071

8c · Net income from fundraising events

total $370,296 · excluded $370,296

2 · Grants to domestic individuals

total $1,068,593 · program services $1,068,593

7 · Other salaries and wages

total $10,512,916 · program services $9,520,636 · management and general $937,459 · fundraising $54,821

8 · Pension plan contributions

total $411,560 · program services $372,715 · management and general $36,699 · fundraising $2,146

9 · Other employee benefits

total $221,833 · program services $200,893 · management and general $19,782 · fundraising $1,158

10 · Payroll taxes

total $556,365 · program services $503,852 · management and general $49,612 · fundraising $2,901

11b · Fees: legal

total $29,659 · management and general $29,659

11c · Fees: accounting

total $29,500 · management and general $29,500

11g · Fees: other

total $95,474 · program services $11,864 · management and general $83,610

12 · Advertising and promotion

total $11,820 · fundraising $11,820

13 · Office expenses

total $136,483 · program services $43,104 · management and general $93,379

14 · Information technology

total $99,941 · program services $163 · management and general $71,674 · fundraising $28,104

16 · Occupancy

total $1,040,354 · program services $773,748 · management and general $266,606

20 · Interest

total $410,840 · management and general $410,840

22 · Depreciation, depletion and amortization

total $547,489 · program services $48,791 · management and general $498,698

23 · Insurance

total $229,782 · program services $188,421 · management and general $41,361

24a · Other expenses: MISC - BUSING, EXTRA CURR

total $484,661 · program services $477,239 · management and general $5,000 · fundraising $2,422

24b · Other expenses: EDUCATIONAL EXPENSES

total $337,581 · program services $337,581

24c · Other expenses: POSTAGE AND SHIPPING

total $1,171 · management and general $1,054 · fundraising $117

24d · Other expenses: COMPREHENSVE GAIN ON SWAP

total -$259,847 · management and general -$259,847

1 · Cash, non-interest-bearing

beginning of year $1,507,179 · end of year $422,428

2 · Savings and temporary cash investments

end of year $2,091,085

3 · Pledges and grants receivable

beginning of year $442,894 · end of year $287,388

4 · Accounts receivable

beginning of year $262,080 · end of year $166,358

9 · Prepaid expenses and deferred charges

beginning of year $124,709 · end of year $60,381

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

$24,870,670

10b · Land, buildings and equipment: accumulated depreciation

$10,668,648

10c · Land, buildings and equipment, net

beginning of year $14,339,156 · end of year $14,202,022

15 · Other assets

beginning of year $1,761,649 · end of year $452,032

17 · Accounts payable and accrued expenses

beginning of year $1,796,444 · end of year $1,861,206

19 · Deferred revenue

beginning of year $855,127 · end of year $838,681

20 · Tax-exempt bond liabilities

beginning of year $6,850,000 · end of year $6,655,000

23 · Secured mortgages and notes payable

beginning of year $208,499 · end of year $194,937

25 · Other liabilities

beginning of year $45,603

27 · Net assets without donor restrictions

beginning of year $8,681,994 · end of year $8,131,870