Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $4,576,458

• 1g · Noncash contributions included above

  $383,661

• 2a · Program service revenue: STATE AND LOCAL PER PUPIL OPERATI

  total $150,286,200 · related or exempt $150,286,200

• 2b · Program service revenue: GRANTS FROM GOVERNMENT CONTRACTS

  total $14,545,565 · related or exempt $14,545,565

• 2c · Program service revenue: FEES FROM GOV'T TO PERFORM SERVIC

  total $6,972,288 · related or exempt $6,972,288

• 3 · Investment income

  total $4,198,609 · excluded $4,198,609

• 6a · Gross rents

  real property $6,575

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $6,575

• 6d · Net rental income or loss

  total $6,575 · excluded $6,575

• 7a · Gross sales of assets other than inventory

  other assets $5,463,930

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

  other assets $5,854,082

• 7c · Gain or loss

  other assets -$390,152

• 7d · Net gain or loss

  total -$390,152 · excluded -$390,152

• 11a · Other revenue: LEASE ASSISTANCE PROGRAM

  total $6,625,449 · related or exempt $6,625,449

• 11b · Other revenue: STUDENT FEES

  total $245,214 · related or exempt $245,214

• 11d · All other revenue

  total $151,239 · related or exempt $151,239

• 11e · Other revenue, total

  $7,021,902

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $19,873 · program services $19,873

• 7 · Other salaries and wages

  total $92,663,907 · program services $88,179,079 · management and general $4,484,828

• 8 · Pension plan contributions

  total $1,425,022 · program services $1,339,599 · management and general $85,423

• 9 · Other employee benefits

  total $10,433,272 · program services $9,807,851 · management and general $625,421

• 10 · Payroll taxes

  total $5,809,723 · program services $5,461,460 · management and general $348,263

• 11a · Fees: management

  total $20,297,753 · program services $17,327,935 · management and general $2,969,818

• 11b · Fees: legal

  total $41,693 · management and general $41,693

• 11c · Fees: accounting

  total $124,854 · program services $106,020 · management and general $18,834

• 11g · Fees: other

  total $5,462,016 · program services $4,903,497 · management and general $558,519

• 12 · Advertising and promotion

  total $2,673,089 · program services $2,267,296 · management and general $405,793

• 13 · Office expenses

  total $880,671 · program services $746,940 · management and general $133,731

• 14 · Information technology

  total $8,207,464 · program services $6,986,258 · management and general $1,221,206

• 16 · Occupancy

  total $12,763,954 · program services $10,729,732 · management and general $2,034,222

• 20 · Interest

  total $55,416 · program services $47,055 · management and general $8,361

• 22 · Depreciation, depletion and amortization

  total $1,622,545 · program services $1,376,914 · management and general $245,631

• 23 · Insurance

  total $932,245 · program services $793,228 · management and general $139,017

• 24a · Other expenses: SUPPLIES MATERIALS

  total $7,562,730 · program services $6,669,043 · management and general $893,687

• 24b · Other expenses: STUDENT SERVICES

  total $7,277,328 · program services $6,961,773 · management and general $315,555

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $3,557,963 · program services $3,028,591 · management and general $529,372

• 24d · Other expenses: EQUIPMENT/FURNISHING

  total $3,308,953 · program services $2,821,502 · management and general $487,451

• 24e · All other expenses

  total $2,623,327 · program services $2,408,056 · management and general $215,271

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $51,492,645 · end of year $44,265,499

• 2 · Savings and temporary cash investments

  beginning of year $15,340,438 · end of year $30,634,784

• 4 · Accounts receivable

  beginning of year $17,558,075 · end of year $6,096,485

• 7 · Other notes and loans receivable

  beginning of year $8,807,270 · end of year $10,101,576

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,086,464 · end of year $3,427,871

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

  $18,304,792

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

  $10,951,397

• 10c · Land, buildings and equipment, net

  beginning of year $6,530,598 · end of year $7,353,395

• 14 · Intangible assets

  beginning of year $63,970,557 · end of year $62,535,326

• 15 · Other assets

  beginning of year $330,129 · end of year $5,089,497

• 17 · Accounts payable and accrued expenses

  beginning of year $5,062,954 · end of year $7,729,947

• 19 · Deferred revenue

  beginning of year $4,149 · end of year $501

• 25 · Other liabilities

  beginning of year $66,366,020 · end of year $67,617,285

• 27 · Net assets without donor restrictions

  beginning of year $94,683,053 · end of year $94,156,700

The filer's explanations (Part III)

PART I, LINE 7

THE AMOUNTS INCLUDED ON PART II, COLUMN B(II) REPRESENT BONUSES. THESE AMOUNTS WERE INCLUDED IN THE INDIVIDUALS' 2024 W-2S AND APPROVED BY THE BOARD.