revenue expenses

---

2018-2019 Enrollment

1,185

REVENUE Gross Tuition Total Tuition Discount Total Financial Aid Total Financial Aid & Discount Net Tuition Income

28,360,600 (517,500) (1,900,000) (1,148,054) 24,795,047

Fees Contributions Other Income GMJF - Allocation TOTAL REVENUE

$

452,200 1,417,761 438,746 470,085 27,573,838

Total Salaries & Benefits Total Educational Expenses Total General & Admin Expenses TOTAL EXPENSES

$

18,904,957 2,261,208 4,462,299 25,628,463

OPERATING INCOME (EBITDA)

$

1,945,375

$

724,057 321,683 899,634

EXPENSES

Depreciation Expense Interest Expense NET INCOME