IMPACT: Annual Report IMPACT: Annual Report 2015-16 | Page 12

LCIS Unaudited P & L Statement 2015-16 Income Tuition $ 7,589,692 Admission Fee $ 31,165 Entrance Fee $ 185,831 Elite Dev Sports Fee $ 201,732 Other Income $ 71,043 Total Income $ 8,079,463 Expense Staff Salaries & Benefits Operations & Maintenance Expenses $ 859,216 Administrative Expenses $ 453,508 Information Technology Expenses $ 240,834 Instructional Expenses $ 517,999 Total Expense $ 7,930,249 Net Ordinary Income $ 149,214 $ 136,778 $ 12,436 Capital Expenditures Net Income before depreciation 10 $ 5,858,692