Overview of Audited Financials, 23-24 School Year INCOME STATEMENT STATEMENT OF FINANCIAL POSITION Revenue 2023-2024 2022-2023 Assets 6/30/2024 6/30/2023 Tuition & Fees $9,827,841 $8,970,493 Current Assets $8,417,199 $7,498,561 (Net Discounts & Fixed Assets $11,761,120 $11,909,275 Financial Aid) Contributions $233,647 $283,560 Right-of-use Assest $600,805 $1,181,401 Contributions of $1,160,838 $2,182,629 Total Assets $20,779,124 $20,589,237 non-financial assets Auxillary Income $1,662,738 $2,073,579 Liabilities & Equity 6/30/2024 6/30/2023 Total Revenue $12,885,064 $13,510,261 Current Liabilities $3,530,959 $3,911,994 Long Term Liabilities $6,621,916 $6,775,622 Expenses 2023-2024 2022-2023 Operating Lease $705,218 $1,376,568 Educational $8,953,053 $9,352,904 Liability Fundraising $441,295 $494,820 Finance Lease Liability $94,872 -- General & $2,189,610 $2,012,235 Total Liabilities $10,952,965 $12,064,184 Administrative Total Expenses $11,583,958 $11,859,959 Net Assets $9,826,159 $8,525,053 Total Liabilities and $20,779,124 $20,589,237 Changes in Net Assests $1,301,106 $1,650,302 Net Assets