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Reply to "Is your private having another tuition increase?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Does anyone here have transparency into the budgeting of these schools? Do we actually know what is driving the price up? Is it facilities or simply healthcare? Is it because they now need a computer and IT department they didn't need 20 years ago?[/quote] They have to file publicly . Is it called a 1099? I forget the name ( its the form non-profits have to file) It gives the breakdown on what they spend on everything [/quote] The form is the IRS 990 - it is a requirement for non-profits to file annually. Many schools in this area will have 990s available (http://foundationcenter.org/findfunders/990finder/), although a few that are connected to religious institutions may not. 990s will show broad categories of income, spending, and assets, but may not be as granular as some might like in terms of school budgets. As someone who works in this universe, I would caution that a 990 is a snapshot in time and is a good data point, but it will not provide a complete picture. Still, they can be fascinating reads.[/quote]
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