| TUITION & OTHER FEES | Students | |
| Returning Students | ||
| - Local Korean | $730,393 | 58 |
| - Local International/Filipino | $932,480 | 112 |
| - Korean from Korea | $852,135 | 36 |
| Sub-TOTAL | $2,515,008 | 206 |
| New Students (Sept.) | ||
| - Local Int'l/Filipino | $70,000 | 10 |
| - Local Korean | $220,000 | 20 |
| - Korean from Korea | $528,000 | 22 |
| New Students(January) | ||
| - Local Int'l/Filipino | $35,000 | 10 |
| - Local Korean | $55,000 | 10 |
| - Korean from Korea | $240,000 | 20 |
| Sub-TOTAL | $1,148,000 | 92 |
| Tuition & Other Fees Total | $3,663,008 | 298 |
| STIPENDS FROM OTHER COURSES | ||
| TOEFL class ($410/semester * 2 * 29) | $23,780 | 29 |
| SAT class ($320/semester * 2 * 4) | $2,680 | 4 |
| HSK class ($230/semester * 2 * 0) | $0 | 0 |
| Other Income Total | $26,460 | 33 |
| GRAND TOTAL | $3,689,468 | |
| EXPENSE SUMMARY | 2018-19 Budget | +/- to Last year | |
| 1. Equipment and Furniture | $88,955 | $142,439 | ($53,484) |
| 2. Royalty & Rent | $652,909 | $526,607 | $126,301 |
| 3. Salaries (+Stipend+Housing+Flight) | |||
| - 13 US Faculty +1 Spanish+1 Bulgarian | $714,015 | $669,740 | $44,275 |
| - 4 Chinese Faculty | $26,000 | $23,500 | $2,500 |
| - 25 Filipino Faculty (F.Principle) | $168,915 | $127,252 | $41,663 |
| - 1 Terry Lee | $39,792 | $35,792 | $4,000 |
| - 58 Staff: Office/Driver/Nurse/Janitor 등 | $454,459 | $378,622 | $75,837 |
| 4. Commissions for Recruiting | $318,620 | $232,399 | $86,221 |
| 5. Campus Security Service | $27,840 | $31,200 | ($3,360) |
| 6. School Automobile and Shuttle | $37,295 | $47,135 | ($9,840) |
| 7. Dormitory and Campus Operation | $208,747 | $326,996 | ($118,249) |
| 8. Cafeteria Service | $189,700 | $173,740 | ($15,960) |
| 9. Office Supplies | $6,240 | $6,140 | $100 |
| 10. Academics (Textbooks, Class Materials, Activities) | $204,025 | $179,300 | $24,725 |
| 11. Other supports for students | $121,387 | $78,260 | $43,127 |
| 12. Recruiting Marketing Expense (Clark+Seoul) | $21,640 | $15,440 | $6,200 |
| 13. Travel and Transportation | $28,600 | $39,000 | ($10,400) |
| 14. Others / Miscellaneous | $43,642 | $24,400 | $19,242 |
| TOTAL EXPENSE | $3,352,781 | $3,057,962 | $294,819 |
| BALANCE | $336,687 | ||
| 100 Equipment and Furniture | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 101 | Educational Materials | |||
| Computers | $4,800 | $2,000 | ||
| 55" big TV/monitors for Classrooms | $7,700 | $4,000 | ||
| Graphing Calculator | $6,075 | $3,900 | ||
| Tables and chairs for 2 new science lab | $4,400 | $7,200 | ||
| Booksshelves for Classrooms | $2,700 | $5,400 | ||
| Student Lockers | $2,800 | $2,100 | ||
| Magnetic White Boards | $900 | $540 | ||
| Computer Speaker | $520 | |||
| Sub-Total | $29,895 | $26,076 | ||
| 102 | For Faculties | |||
| Computers | $6,000 | |||
| Monitors | $600 | |||
| 1 pcs meeting table and 20 pcs chairs | $1,000 | $600 | ||
| HP Printer (Big Ink) | $500 | $900 | ||
| Sub-Total | $1,500 | $8,100 | ||
| 103 | Admin Office | |||
| Camera (battery, lenses) | $1,300 | |||
| Computers | $800 | |||
| Sub-Total | $2,100 | $1,820 | ||
| 104 | Dormitory | |||
| Wash Machine (Girls, Boy) | $2,460 | $1,640 | ||
| Drier (Girls Dormitory) | $980 | $980 | ||
| Computers | $800 | |||
| Microwave | $240 | |||
| Bed | $10,500 | $11,040 | ||
| Closet | $7,600 | |||
| Table | $5,700 | |||
| Sub-Total | $28,280 | $16,740 | ||
| 105 | Playground & Fence | |||
| Field Grass | $2,000 | $2,000 | ||
| Track and Walkway /30% balance payment | $10,200 | $34,000 | ||
| Fence Expansion (for Newly added space behind Gym) | $31,000 | |||
| Sub-Total | $12,200 | $67,000 | ||
| 106 | School Facilities | |||
| General School Facilities | $2,500 | |||
| Additional CCTV | $2,000 | $3,000 | ||
| Extra Wifi network for School Campus | $1,000 | $2,303 | ||
| Fire Safety Cabinet | $1,700 | |||
| Tables and chairs for science lab | $5,2800 | |||
| Cache box | ||||
| File server | ||||
| Gym Exhaust Fan | $2,500 | |||
| Sub-Total | $14,980 | $22,703 | ||
| TOTAL | $88,955 | $142,439 | ||
| 200 Royalty & Rent | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 201 | Royalties | |||
| Sub-Total | $0 | |||
| 202 | Rent | |||
| Boys Dorm | $19,044 | $25,391 | ||
| $58,845 | $52,306 | |||
| Main Building | $111,195 | $119,951 | ||
| $38,178 | $24,710 | |||
| Elementary Building | $42,204 | $47,807 | ||
| $43,470 | $35,172 | |||
| Gym | $56,752 | $61,986 | ||
| $29,228 | $21,282 | |||
| Girls Dorm | $91,960 | $71,070 | ||
| $8,562 | ||||
| Cafeteria 1st Floor | $25,025 | $14,300 | ||
| $18,410 | ||||
| Cafeteria 2nd Floor | $19,250 | |||
| $14,165 | $11,000 | |||
| Open area | $41,400 | |||
| Park maintenance fee (boys dorm) | $4,200 | $4,200 | ||
| Park maintenance fee (main building) | $4,200 | $4,200 | ||
| Park maintenance fee (elementary) | $4,200 | $4,200 | ||
| Park maintenance fee (gym) | $4,200 | $4,200 | ||
| Park maintenance fee (girls dorm) | $4,200 | $4,200 | ||
| Park maintenance fee (cafeteria) | $4,200 | $1,400 | ||
| Rikko Home | $9,240 | |||
| 1-bed Apartment (Principal/VP/Visiting teachers) | $6,930 | $6,600 | ||
| Sub-Total | $649,817 | $523,216 | ||
| 203 | Deposit/Insurance | |||
| Main Building | $446 | $446 | ||
| Elementary Building | $405 | $405 | ||
| Boys Dorm | $324 | $324 | ||
| Gym | $527 | $527 | ||
| Girls Dorm | $689 | $689 | ||
| Cafeteria | $700 | $1,000 | ||
| Sub-Total | $3,091 | $3,391 | ||
| TOTAL | $652,909 | $526,607 | ||
| 300 Faculty Payroll | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 301 | Faculty | |||
| 1 | Nick Santolla (Headmaster) | $70,700 | $41,500 | |
| 2 | Michelle Dunham (VP/Dean of students) | $51,500 | $43,500 | |
| 3 | George Tsementzis (Elementary Grade 2) | $46,800 | $41,000 | |
| 4 | Nathaniel Madrid (Math teacher) | $38,500 | ||
| 5 | Alysia Rider (Elementary Grade 4~5) | $43,800 | $40,000 | |
| 6 | Alec Tucker (MS/HS Social Studies) | $42,300 | $39,500 | |
| 7 | Angel Vitores Lemos (Spanish teacher) | $39,500 | ||
| 8 | Benjamin Lebeau (Math teacher) | $38,500 | ||
| 9 | Scott Egan (English teacher) | $38,000 | ||
| 10 | Georgi Taslev (Bulgarian) | $35,800 | $35,000 | |
| 11 | New Teacher (HS/MS Science) | $39,700 | ||
| 12 | New Teacher (MS/HS Social Studies) | $39,700 | ||
| 13 | New Teacher (Elementary Grade 3) | $39,700 | ||
| 14 | New Teacher (Grade 1) | $39,700 | ||
| 15 | New Teacher (Elementary Kindergarten) | $39,700 | ||
| 16 | James Luko | $46,000 | ||
| 17 | Tie Online | $1,500 | ||
| 18 | Authentication of Teaching License | $3,000 | ||
| 19 | Mexicare health insurance | $8,000 | ||
| 20 | Employment Benefits_Social Security System | $8,406 | ||
| 21 | Employment Benefits_Philhealth from company | $2,629 | ||
| 22 | Employment Benefits_Pag-ibig | $580 | ||
| Sub-Total | $714,015 | $669,740 | ||
| 302 | Chinese Faculty | |||
| 1 | Yu, Siwen | $23,000 | $20,500 | |
| 2 | New Teacher | $1,000 | $1,000 | |
| 3 | New Teacher | $1,000 | $1,000 | |
| 4 | New Teacher | $1,000 | $1,000 | |
| Sub-Total | $26,000 | $23,500 | ||
| 303 | Philippino Faculty | |||
| 1 | Layug, Crystal (F Principal) | $15,300 | $12,960 | |
| 2 | Marlon Ventura (PE & Health) | $9,300 | $9,300 | |
| 3 | Lesley (MS/HS IT (Coding, 3-D, Robotics) | $6,340 | $5,940 | |
| 4 | Alyanna Nicole D. Carlos (MS/HS Science) | $6,378 | $5,720 | |
| 5 | Rubiano, Jackilou J. (HS ESL) | $5,500 | ||
| 6 | Layug, Katrina Marie R. (HS ESL) | $6,320 | $5,280 | |
| 7 | Kevin, Maglaqui (HS/MS) | $4,400 | ||
| 8 | Vergara, Danica (Elementary Pre-K) | $10,282 | $9,840 | |
| 9 | Pare, Justine Taylor (Grade 1 Asst) | $6,490 | $6,160 | |
| 10 | Panapanaan, Angel Marie (Nursery) | $6,490 | $6,160 | |
| 11 | Gaspar, Katrina (Grade 4-5 Math & Science) | $6,490 | $6,160 | |
| 12 | Punla, Alyssa Narie (Grade 3 Math & Science) | $7,890 | $6,160 | |
| 13 | Mangilit, Rameses (Elementary PE) | $6,237 | $5,940 | |
| 14 | Gueco, Mira (Elementary Art) | $6,006 | $5,720 | |
| 15 | Razon, Charlene (Pre-K Asst) | $5,720 | $5,280 | |
| 16 | Gozun, Catherine Rose T (Grade 2) | $5,720 | ||
| 17 | Hipolito, Kathleen Grace T (Grade 1) | $5,720 | ||
| 18 | Ramos, Gladys Mae (Elementary Asst) | $5,280 | ||
| 19 | Pineda, Laira (Kindergarten Asst) | $5,280 | ||
| 20 | David-Punla, Trixsanie (Elementary Asst) | $4,180 | ||
| 21 | New Art Teacher | $5,280 | ||
| 22 | ESL | $5,280 | ||
| 23 | ESL | $5,280 | ||
| 24 | Extra Class Budget (Activity) | $3,000 | ||
| 25 | Ronquillo, Alberto (PH_Principal) | $2,600 | $8,920 | |
| 26 | Extra pay for extra 8 working days | $3,839 | ||
| 27 | Employment Benefits_Social Security System | $6,488 | ||
| 28 | Employment Benefits_Philhealth from company | $1,425 | ||
| 29 | Emplyment Benefits_Pag-ibig | $400 | ||
| Sub-Total | $168,915 | $127,252 | ||
| 304 | Afterschool Class | |||
| 1 | Terry Lee | $39,792 | $35,792 | |
| FACULTY TOTAL | $948,722 | $856,284 | ||
| 305 | Staff Payroll (Office/Driver/Nurse/Janitor..) | |||
| 1 | Olivia (Admin) | $28,966 | $20,690 | |
| 2 | Her, Boo Young (Dorm) | $24,828 | $24,828 | |
| 3 | Od (Finance) | $22,759 | $18,621 | |
| 4 | Tsolom | $30,662 | $25,862 | |
| 5 | Enkhee | $31,034 | $31,034 | |
| 6 | Choi, Min Kyoung (Admin) | $22,759 | $17,241 | |
| 7 | Seoul Office | $20,690 | $20,690 | |
| 8 | Lobo, Eanne Jan Tolentino (Accounting Asst.) | $7,800 | $6,500 | |
| 9 | Ckhoree Yalung (Admin Office) | $10,400 | $9,360 | |
| 10 | Marie Isip (Admin Office) | $11,700 | $10,400 | |
| 11 | Rivera, Jelisa Elena A (Admin Office) | $3,640 | $3,380 | |
| 12 | Santos, Jehnelle Erika Marquez (Admin Office) | $5,200 | $5,200 | |
| 13 | Pineda, Jonna L. (Receptionist) | $4,420 | $3,640 | |
| 14 | Zabala, Avegail (School nurse) | $5,200 | $5,200 | |
| 15 | Angelica Dela Reyna (Nurse Asst) | $3,640 | $3,640 | |
| 16 | New Staff for admin office (2nd Receptionist) | $3,900 | ||
| 17 | New Staff for admin office (Photographer) | $3,900 | ||
| 18 | Liwanag, Marnell B. (Dorm Staff) | $6,720 | $6,720 | |
| 19 | Buenafe, Ma Cresencia Sandoval (Dorm Staff) | $6,000 | $5,760 | |
| 20 | Roque, Carmina (Dorm Staff) | $6,480 | $5,760 | |
| 21 | Timbol, Paul John (Dorm Staff) | $6,000 | $6,240 | |
| 22 | Activity Coordinator for dorm students | $4,800 | ||
| 23 | Dizon, Michael San Miguel (cook) | $5,980 | $5,460 | |
| 24 | Soriano, Marlou Antonio (cook) | $4,810 | $4,550 | |
| 25 | Cortez, Art Estanislao (Asst cook) | $4,550 | $4,290 | |
| 26 | Embate, Renato Jr. Garcia (Asst cook) | $4,160 | $3,900 | |
| 27 | Dolit (Helper) | $3,562 | $3,302 | |
| 28 | Dolit, Geno (Dish wash) | $3,562 | $3,302 | |
| 29 | San Miguel, David (Dish wash) | $2,990 | $2,600 | |
| 30 | Gueco, Gian Carlo (Dish wash) | $3,510 | $2,860 | |
| 31 | Baking, Mery Rose Villegas (seller) | $3,172 | $2,912 | |
| 32 | Dela Cruz,, Gina O | $2,730 | $2,134 | |
| 33 | Lozani, Philip S (Cleaner) | $2,310 | ||
| 34 | Fandialan, Erwin (Head Driver) | $7,800 | $7,540 | |
| 35 | Bautista, Bernie (Driver#2) | $5,980 | $5,720 | |
| 36 | Gonzales, Orlando Jr. Miclat (Driver#3) | $4,680 | $4,420 | |
| 37 | Oraye, Jebez (Driver#3) | $4,680 | $4,420 | |
| 38 | Galang, Ruben JR (Teacher's Driver #4) | $3,900 | $3,640 | |
| 40 | Dayrit, Joseph (Driver #5) | $3,900 | $3,120 | |
| 40 | Evelyn (Head Janitor) | $5,400 | $4,680 | |
| 41 | Yabut, Jhonalyn(Main Building 2nd Floor) | $3,648 | $3,120 | |
| 42 | Bersalona, Lolita (Dorm Janitor) | $4,209 | $3,640 | |
| 43 | Espares, Natividad (Dorm Janitor) | $4,209 | $3,510 | |
| 44 | Abuan, Bella (Dorm Janitor) | $4,209 | $3,510 | |
| 45 | Jingco, Jennifer (Girls Dorm) | $4,490 | $3,640 | |
| 46 | Menguita, Emelyn (Elementary 1st Floor) | $3,929 | $3,640 | |
| 47 | Malagday, Elvira Basilio | $2,730 | $2,600 | |
| 48 | Tuazon, Jocelyn Castro (Elementary 2nd Floor) | $3,367 | $2,860 | |
| 49 | Panlican, Lorena (Elementary Building) | $3,367 | $2,860 | |
| 50 | Kenneth Joy (Baby sitter) | $2,860 | $2,134 | |
| 51 | Quiambao, Mary Ann (Dorm Janitor) | $3,087 | $2,730 | |
| 52 | Jingco, Jilbert (Maintenance) | $5,980 | $5,720 | |
| 53 | Jeffrey (IT guy) | $5,720 | $5,200 | |
| 54 | Benedict, Francis (IT asst) | $3,900 | $3,120 | |
| 55 | Ferdinand (Gardener) | $4,680 | $4,420 | |
| 56 | Santos, Gerald A (Maintenance) | $2,860 | $2,522 | |
| 57 | Canete, Descendie E (Guard) | $4,160 | $3,900 | |
| 58 | Barbastro, Melvin (Maintenance) | $5,200 | $4,680 | |
| 59 | New extra guard | $2,860 | ||
| 60 | Lee, Chang Su (Golf teacher) | $0 | ||
| 61 | Bautista, Dennis M (Librarian) | $1,300 | ||
| 62 | Accounting retainer fee (Shirley Medina) | $5,200 | $3,600 | |
| 63 | Attorney Fee (Joey Andrew Guerrero) | $3,600 | $3,600 | |
| 64 | Employment Benefits_Social Security System | $14,014 | ||
| 65 | Employment Benefits_Philhealth | $2,531 | ||
| 66 | Employment Benefits_Pag-ibig | $1,176 | ||
| 66 | Health insurance for staffs | $2,000 | ||
| Sub-TOTAL | $454,459 | |||
| Staff TOTAL | $1,403,181 | |||
| 400 Commission for Recruiting | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 401 | Commission | |||
| Returning Students - Local Korean | $14320 | $9,460 | ||
| - Local international | $6,300 | $4,980 | ||
| - Korean from Korea | $104,000 | $78,000 | ||
| New Students - Local Korean (September semester) | $20,000 | $23,500 | ||
| - Local Korean (February semester) | $10,000 | $10,000 | ||
| - Local International (September semester) | $0 | $13,478 | ||
| - Local International (February semester) | $0 | $5,061 | ||
| - Korean from Korea (September semester) | $66,000 | $54,920 | ||
| - Korean from Korea (February semester) | $30,000 | $33,000 | ||
| - KEF commission (September semester) | $22,000 | |||
| - KEF commission (February semester) | $10,000 | |||
| - KEF commission (Returning Korean) | $36,000 | |||
| Commission TOTAL | $318,620 | $232,399 | ||
| 500 Safety Guard | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 501 | Jett Force Security Service | |||
| Jett Force Security Service | $27,840 | $31,200 | ||
| TOTAL | $27,840 | $31,200 | ||
| 600 School Bus/Car | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 601 | Car Monthly pay/buy | |||
| Toyota Van #3 Monthly | $1,296 | $5,186 | ||
| Toyota Van #5 Monthly | $7,958 | $15,651 | ||
| Sub-Total | $9,255 | $21,735 | ||
| 602 | Car Registor and Insurance | |||
| Insurance: Tpyota Van #1 | $620 | $620 | ||
| Insurance: Tpyota Van #3 | $620 | $620 | ||
| Insurance: Tpyota Van #2 | $620 | $620 | ||
| Insurance: Tpyota Van #4 | $600 | $600 | ||
| Insurance: Tpyota Van #5 | $600 | |||
| Insurance: Mini Bus /Coaster | $1,540 | $1,540 | ||
| Insurance: Chevy Cruise | $480 | $480 | ||
| Yearly Car Registration Fee | $980 | $700 | ||
| Sub-Total | $6,060 | $51,80 | ||
| 603 | Car Maintenance | |||
| Cruise / Engine Oil/ | $100 | $100 | ||
| Toyota Van #1 /Engine Oil/ | $200 | $200 | ||
| Toyota Van #2 /Engine Oil/ | $200 | $200 | ||
| Toyota Van #3 /Engine Oil/ | $200 | $200 | ||
| Toyota Van #4 /Engine Oil/ | $200 | $200 | ||
| Toyota Van #5 /Engine Oil/ | $200 | $200 | ||
| Mini Bus /Coaster/Engine Oil/ | $300 | $200 | ||
| Cruise / Car Tire/ | $360 | $360 | ||
| Toyota Van #1 /Tire/ | $640 | $540 | ||
| Toyota Van #2 /Tire/ | $640 | $540 | ||
| Toyota Van #3 /Tire/ | $640 | $540 | ||
| Toyota Van #4 /Tire/ | $640 | $540 | ||
| Toyota Van #5 /Tire/ | $640 | $360 | ||
| Mini Bus / Coaster/Tire/ | $720 | $540 | ||
| Other | $1,800 | $1,000 | ||
| Sub-Total | $7,480 | $5,720 | ||
| 604 | Shuttle Bus | |||
| - Toll Fee (Parking) | $100 | $100 | ||
| - Fuel (Gas/Diesel) | $14,000 | $14,000 | ||
| - Stickers (School Logo) | $400 | $400 | ||
| Sub-Total | $14,500 | $14,500 | ||
| TOTAL | $37,295 | $47,135 | ||
| 700 Dormitory and Campus Operation | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-2020 | 2018-19 | |
| 701 | Dormitory and Campus Supplies | |||
| Washing Materials (Laundry soap and LPG) | $3,000 | $3,000 | ||
| Tissue and Papertowel for restroom and kitchen | $6,600 | $5,000 | ||
| Cleaning Materials | $4,400 | $3,600 | ||
| Other Materials for Dormitory and Campus | $1,320 | $1,200 | ||
| Uniforms for drivers, maintenance and ates | $440 | |||
| Mattress cover for girls and boys dorm | $1,052 | |||
| Pillow cover for girls and boys dorm | $876 | |||
| Bed mat for girls and boys dorm | $1,226 | |||
| 80 pcs safety pack and stationery for dorm | $3,920 | |||
| Sub-Total | $22,834 | $12,800 | ||
| 702 | Maintenance | |||
| Campus Maintenance | $3,600 | $3,600 | ||
| Labor for Garden Maintenance | $3,600 | $840 | ||
| Grass Maintenance | $4,320 | $960 | ||
| Air Conditioner Maintenance | $4,000 | $2,000 | ||
| Internet WI-FI, Network and Phone | $2,000 | $1,600 | ||
| Emergency Lights Maintenance | $2,400 | $2,400 | ||
| Other | $2,400 | $2,400 | ||
| 4 New Classrooms (from Old cafeteria) | $9,000 | |||
| 5 apartments construction /25% balance/ | $112,000 | |||
| Classroom construction | $6,000 | |||
| Boys dorm construction | $2,000 | |||
| Building paint | $9,500 | |||
| To repair blinds at main building | $2,573 | |||
| Tennis court | $3,000 | |||
| Sub-Total | $45,393 | $162,000 | ||
| 703 | Utility Fee (Campus and Dormitory) | |||
| Rentokil Initial | $3,600 | $3,120 | ||
| Electricity Bill | $84,000 | $93,600 | ||
| Water Bill | $13,200 | $15,312 | ||
| Mineral Water Bill | $12,000 | $13,260 | ||
| Garbage Bill | $4,320 | $3,600 | ||
| Internet Service | $15,288 | $15,288 | ||
| Cell Phones/6 Drivers, 2 Maintenance | $1,440 | $1,440 | ||
| Telephone Bill | $2,472 | $2,160 | ||
| 2 Printing Service Based on the agreed minimum pages for faculty room | $4,200 | $4,416 | ||
| Sub-Total | $140,520 | $152,196 | ||
| TOTAL | $208,747 | $326,996 | ||
| 800 Cafeteria / Kitchen | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 801 | Food | |||
| Dorm Students | $176,000 | $160,000 | ||
| Support for Deficit: Coffee shop (Snack Bar) | $10,000 | $10,000 | ||
| Sub-Total | $186,000 | $170,000 | ||
| 802 | Cafeteria Supplies | $3,700 | $1,000 | |
| TOTAL | $189,700 | $173,740 | ||
| 900 Admin & Seoul Office Supplies | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 901 | Admin/Faculty Room Supplies | $4,400 | $4,400 | |
| Coffee for Admin and Headmaster | $400 | $300 | ||
| 903 | Telephone Bill for 070 service | $1,440 | $1,440 | |
| TOTAL | $6,240 | $6,140 | ||
| 1000 Textbooks, Class Materials, Activities | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 1001 | Textbooks (US, Chinese) Elementary | $25,000 | $10,000 | |
| Textbooks (US, Chinese) Secondary | $13,000 | $10,000 | ||
| 1002 | Materials for Music Classes | $2,000 | $2,000 | |
| 1003 | Materials for Art | $4,000 | $4,000 | |
| 1004 | Materials for Science | $5,000 | $6,000 | |
| 1005 | Materials for PE | $2,100 | $2,100 | |
| 1006 | Materials for Elementary | $9,500 | $9,500 | |
| 1007 | Supplies for Secondary | $2,400 | $2,400 | |
| 1008 | Afternoon Activities for Elementary | $6,400 | $10,000 | |
| 1009 | Golf Activities | $7,000 | $10,800 | |
| 1010 | Weekend Activities for Dorm Students | $26,600 | $15,000 | |
| 1011 | Afternoon Activities for Secondary Students | $7,500 | $7,500 | |
| 1012 | Volunteer Activity (Orphanage) | $2,750 | $2,500 | |
| 1013 | Faculty Training | $3,370 | $2,000 | |
| 1014 | STEM | $5,0000 | $40,000 | |
| 1015 | Field Trip | $54,000 | $45,500 | |
| 1016 | Testing Software (MAP) | $8,305 | ||
| 1017 | Elementary robotics | $2,000 | $ | |
| 1018 | Secondary robotics | $2,000 | ||
| 1019 | Power School | $10,000 | $ | |
| 1020 | Atlas rubicon | $5,000 | ||
| 1021 | House reward system | $500 | ||
| 1022 | PSAT | $600 | ||
| TOTAL | $204,025 | $179,300 | ||
| 1100 Other Supports for Students | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 1101 | Medicine for Students | $1,400 | $1,400 | |
| Medicine for Dormitory Students | $2,400 | $1,000 | ||
| 1102 | Annual Medical check up for all employees | $1,210 | $1,190 | |
| 1103 | Visa | |||
| Student Visa: SSP | $8,532 | $6,636 | ||
| Student Visa: Extensions | $48,000 | $39,000 | ||
| Student Visa: Extensions (December) | $8,400 | |||
| Student Visa: ECC | $363 | |||
| Working Visa: New SCWV/SWP | $11,009 | $8,133 | ||
| working Visa: Renewal of SCWV | $5,728 | $2,780 | ||
| working Visa: PRC License | $2,640 | |||
| working Visa: ECC | $387 | $150 | ||
| working Visa: Downgrade | $905 | $1,211 | ||
| working Visa: Annual Report | $174 | |||
| 1104 | Insurance for Students | $6,840 | $5,760 | |
| Sub-Total | $97,987 | $67,260 | ||
| 1105 | Yearbook | $1,000 | $1,000 | |
| 1106 | Ceremonies (Graduation, Christmas, Easter, Prom, National Days, Thanksgiving, SPAS Olympics, etc.) | $22,400 | $10,000 | |
| Sub-Total | $23,400 | $11,000 | ||
| TOTAL | $121,387 | $78,260 | ||
| 1200 Recruiting Marketing Expense (Clark+Seoul) | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 1201 | Brochure/Envelop | $3,000 | $3,000 | |
| 1202 | Orientation in Seoul | $300 | $300 | |
| 1203 | Diary | $500 | $500 | |
| Marketing (Seoul Office) | $3,600 | $7,500 | ||
| 1204 | Recruiting Mardeting (Clark) | |||
| Display Board | $240 | $240 | ||
| Marketing (George Tsementzis) | $6,000 | |||
| 1205 | 학교방문 유학원 및 학부모 접대비 | $8,000 | $3,900 | |
| TOTAL | $21,640 | $15,440 | ||
| 1300 Travel, Transportation | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 1301 | Flight Ticket for Staff (with students) | $3,500 | $3,500 | |
| 1302 | Travel Expense for staff | $1,500 | $1,500 | |
| 1303 | Flight Ticket for Chairman | $8,000 | $20,000 | |
| 1304 | Travel Expense for Chairman | $4,000 | $2,800 | |
| 1305 | Flight Ticket (Except Chairman) | $2,800 | $2,800 | |
| 1306 | Travel Expense (Except Chairman) | $2,800 | $2,800 | |
| 1307 | Flight Ticket for Staff | $2,800 | $2,800 | |
| 1308 | Cafeteria Staff Training Tour to Beijing school | $3,000 | ||
| 1309 | Transfortation fee to Manila for visa and purchasing | $200 | ||
| TOTAL | $28,600 | $39,000 | ||
| 1400 Other | TOTAL | |||
|---|---|---|---|---|
| # | Description | 2019-20 | 2018-19 | |
| 1401 | DepED reelated expenses for compliance with rules | $800 | $800 | |
| 1402 | Accounting Service in Seoul Office | $1,800 | $1,800 | |
| 1403 | Withholding Tax Expanded in Philippines | $9,600 | ||
| 1404 | Contingency-Principal and Faculty (with Principal approvement) | $10,000 | $10,000 | |
| Contingency-Admin and Other Division Managers (with Seoul office approvement) | $10,000 | $10,000 | ||
| 1405 | Rent (Seoul Office) | $10,200 | $1,800 | |
| 1406 | CDC Regulatory Permits | $1,242 | ||
| TOTAL | $43,642 | $24,400 | ||
| Budget | July | August | September | October | November | December | January | February | March | April | May | June | Total | Remaining Budget | |
| 1. Equipment and Furniture | $88,955 | $14,092 | $26,925 | $1,943 | $7,172 | $50,132 | $38,823 | ||||||||
| 2. Royalties and Rents | $652,909 | $577 | $296,350 | $296,927 | $355,982 | ||||||||||
| 3. Salaries (+Stipend+Housing+Flight) | $1,403,181 | $36,403 | $48,120 | $145,791 | $119,153 | $349,467 | $1,010,564 | ||||||||
| 4. Commissions | $318,620 | $3,000 | $9,300 | $152,182 | $6,815 | $171,297 | $147,323 | ||||||||
| 5. Campus Safety Guard | $27,840 | $2,311 | $2,311 | $3,467 | $1,156 | $9,245 | $18,595 | ||||||||
| 6. School Shuttle and Automobile | $37,295 | $1,420 | $4,230 | $2,369 | $2,489 | $10,507 | $26,788 | ||||||||
| 7. Dormitory and Campus Operation | $208,747 | $30,274 | $17,833 | $8,561 | $16,498 | $73,166 | $135,581 | ||||||||
| 8. Cafeteria Service | $189,700 | $6,615 | $18,893 | $20,468 | $45,976 | $143,724 | |||||||||
| 9. Office Supplies | $6,240 | $119 | $206 | $920 | $485 | $1,730 | $4,510 | ||||||||
| 10. Academics | $204,025 | $3,090 | $36,649 | $12,647 | $7,267 | $59,654 | $144,371 | ||||||||
| 11. Service for Students | $121,387 | $15 | $1,954 | $22,034 | $15,598 | $39,600 | $81,787 | ||||||||
| 12. Promotion/Marketing | $21,640 | $20 | $20 | $20 | $88 | $148 | $21,492 | ||||||||
| 13. Travel and Transportation | $28,600 | $4,052 | $8,096 | $4,012 | $2,433 | $18,593 | $10,007 | ||||||||
| 14. Others / Miscellaneous | $43,642 | $3,747 | $6,213 | $5,215 | $4,324 | $19,500 | $24,142 | ||||||||
| Total | $3,352,781 | $99,120 | $464,821 | $378,055 | $203,946 | 1,145,942 | 2,163,689 |