Over ( Under ) |
||||||
Revenue : |
Actual |
Budget |
Budget |
|||
Tuition & Fees |
$ |
2,208,837 |
$ |
1,948,981 |
$ |
259,856 |
General Income |
12,010 |
11,400 |
610 |
|||
Athletic Income |
27,480 |
16,200 |
11,280 |
|||
Total Revenue |
2,248,327 |
1,976,581 |
271,746 |
|||
Expense : Personnel |
1,339,136 |
1,318,820 |
20,316 |
|||
Administration |
54,307 |
41,390 |
12,917 |
|||
Office |
10,428 |
14,439 |
( 4,011 ) |
|||
Instructional Staff |
14,606 |
14,700 |
( 94 ) |
|||
Misc Student Expense |
26,983 |
26,350 |
633 |
|||
Athletics / PE |
39,282 |
39,460 |
( 178 ) |
|||
Fine Arts |
15,032 |
17,800 |
( 2,768 ) |
|||
Pre-K Division |
1,823 |
11,080 |
( 9,257 ) |
|||
Elementary Division |
63,362 |
92,850 |
( 29,488 ) |
|||
Middle School Division |
23,450 |
86,400 |
( 62,950 ) |
|||
High School Division |
31,307 |
102,550 |
( 71,243 ) |
|||
Special Projects |
- |
2,000 |
( 2,000 ) |
|||
Facilities / Transportation |
312,209 |
336,765 |
( 24,556 ) |
|||
Marketing |
20,014 |
21,800 |
( 1,786 ) |
|||
Total Expense |
1,951,938 |
2,126,404 |
( 174,466 ) |
|||
Total General Budget Net Assets |
$ |
296,390 |
$ |
( 149,823 ) |
$ |
446,213 |
Assets & Liabilities |
Net Assets |
||||
Cash |
$ |
5,009,681 |
General Budget |
$ |
296,390 |
Truist Securities MMA |
25,000 |
Special Activities |
3,747,036 |
||
National Christian Foundation |
75,585 |
Investment in P & E |
267,574 |
||
Accounts Receivable Net |
16,920 |
||||
Beneficial Interest in Trust |
97,705 |
||||
Prepaid Expenses |
20,144 |
||||
Inventory |
3,580 |
||||
Net Property & Equipment |
169,869 |
||||
Prepaid Tuition & Fees 2021 / 2022 |
( 1,073,850 ) |
||||
Accounts Payable |
( 33,634 ) |
||||
Total |
$ |
4,310,999 |
Total |
$ |
4,310,999 |