Why Not-For-Profit Matters

The not-for-profit status is an important feature of ASD as it supports the ability of the school to focus on the quality of education over satisfying any profit or investment expectations of owners or shareholders. 

 

Why Not-For-Profit Matters

As an independent, not-for-profit school, all tuition and fees fund the cost of education.

Where Tuition Fees Go

The Director of Finance manages the school’s finances under the guidance of the Superintendent and overseen by the Board of Trustees. All are committed to delivering an instructional program aligned with the mission of the school while also maintaining and improving the school’s long-term financial health. Below are highlights from the 2019-2020 school year operating budget.

Operating Income Highlights (USD)
Text Value
Tuition 41,541
Interest Income 65
Other Income 340
Operating Expenditure Highlights (USD)
Text Value
Salaries & Benefits 31,596
Education Support Expenses 4,075
General & Administrative 1,770
Facilities & Maintenance 4,498