LCIS Unaudited P & L Statement 2015-16
Income
Tuition $ 7,589,692
Admission Fee $ 31,165
Entrance Fee $
185,831
Elite Dev Sports Fee $
201,732
Other Income $
71,043
Total Income
$ 8,079,463
Expense
Staff Salaries & Benefits
Operations & Maintenance Expenses $ 859,216
Administrative Expenses $ 453,508
Information Technology Expenses $ 240,834
Instructional Expenses $ 517,999
Total Expense $ 7,930,249
Net Ordinary Income $ 149,214
$ 136,778
$ 12,436
Capital Expenditures
Net Income before depreciation
10
$ 5,858,692