ANNUAL REPORT 2022-23 final

Financial Report July 2022 - June 2023

INCOME STATEMENT

*Excludes $405,000 of restricted gifts & fundraising revenue (i.e. Annual, Security, and Scholarship Funds)

REVENUE

Net Tuition Programs & Services *Gifts & Fundraising Other Revenue Total Revenue Instructional Programs & Services Personnel School Development Administrative EXPENSES

$4,820,854 $677,775 $54,691 $116,995 $5,670,315 $157,692 $602,943 $3,875,836 $22,229 $119,894 $165,866 $481,044 $5,425,504 $18,856 $263,667

Professional Services Facilities & Vehicles Total Expenses NON-OPERATING INCOME/EXPENSE CHANGE IN NET ASSETS

BALANCE SHEET

Assets Cash & Cash Equivalents Total Assets LIABILITIES & NET ASSETS Current Liabilities Deferred Tuition Total Liabilities

$385,993 $385,993

$48,034 $153,542 $201,576

NET ASSETS

$184,417

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