Over( Under) |
|||||
Revenue: |
Actual |
Budget |
Budget |
||
Tuition & Fees |
$
10,328,655
|
$ |
10,308,968 |
$ |
19,687 |
General Income |
58,148 |
56,750 |
1,398 |
||
Athletic Income |
133,770 |
106,100 |
27,670 |
||
Total Revenue |
10,520,573 |
10,471,818 |
48,755 |
||
Expense: Personnel |
6,591,535 |
6,545,226 |
46,309 |
|||
Administration |
234,833 |
196,715 |
38,118 |
|||
Office |
73,419 |
35,750 |
37,669 |
|||
Instructional Staff |
53,973 |
81,500 |
( 27,527) |
|||
Misc Student Expense |
85,455 |
77,450 |
8,005 |
|||
Athletics / PE |
203,893 |
168,520 |
35,373 |
|||
Fine Arts |
23,697 |
45,050 |
( 21,353) |
|||
Pre-K Division |
18,965 |
18,420 |
545 |
|||
Elementary Division |
138,536 |
157,300 |
( 18,764) |
|||
Middle School Division |
107,012 |
117,800 |
( 10,788) |
|||
High School Division |
156,036 |
102,200 |
53,836 |
|||
Special Projects |
5,326 |
14,000 |
( 8,674) |
|||
Facilities / Transportation |
3,044,663 |
2,991,400 |
53,263 |
|||
Marketing |
53,872 |
67,550 |
( 13,678) |
|||
Total Expense |
10,791,216 |
10,618,881 |
172,335 |
|||
Total General Budget Net Assets |
$ |
( 270,643) |
$ |
( 147,063) |
$ |
( 123,580) |
Assets |
Liabilities |
||||
Cash |
$ |
2,325,732 |
Prepaid Tuition 2024 / 2025 |
$ |
453,421 |
Truist Securities CDs & MMA |
21,598 |
Prepaid Tuition 2025 / 2026 |
141,486 |
||
National Christian Foundation |
90,000 |
Seacoast Accrued Payments |
359,332 |
||
Accounts Receivable Net |
106,190 |
Seacoast Construction Loan |
1,892,320 |
||
Beneficial Interest in Trust & Promissory Notes |
122,705 |
Accounts Payable |
201,505 |
||
Prepaid Expenses |
243,615 |
$ |
3,048,064 |
||
Net Property & Equipment |
337,521 |
Net Assets |
|||
General Budget |
$ |
( 270,643) |
|||
Special Activities |
34,716 |
||||
Investment in P & E |
$ |
435,226 199,298 |
|||