Treatment Abuse, Behavior Modification, Thought Reform > The Ridge Creek School / Hidden Lake Academy

HLA's Possible Income Scenario

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Anonymous:
HLA's Possible Income Scenario from 2000 - 2006:

Let's just say: 50 Peer Groups over 6 years.

Average Peer Group size: 15 kids

Total Number of kids: 750

Alleged Retention rate: 40%; 750 x .40 = 300 graduates

Average yearly tuition 2000: $5,000 x 19 months = $95,000
Average yearly tuition 2006: $5,950 x 19 months = $113,050
Average yearly tuition 2000 - 2006 = $104,025

Average income from graduates alone: $31,207,500 ($104,025 x 300 students)

Mandatory 3 month pre-paid tuition = $16,425

Non-graduates: 450  

Average income from pre-paid tuition from non-graduates = $7,391,250 ($16,425 x 450 non-graduates)

Average stay of non-graduates: 12 months

Tuition from non-graduates: $29,565,000 (12 months x 450 kids x $5475)

Cumulative income from all students (graduates and non-graduates): $68,163,750

Average yearly income over 6 years: $11,360,625

CURRENT yearly income (2006): $14,687,250

Note: These estimates do not include extra fees such as toiletries, shipping, etc.

RobertBruce:
Didnt Susie the Bullfrog claim no one was making any money at HLA, that it was VERY expensive to run?

I guess that makes sense what with the cost of legal fees to silence dissenters and the constant threat of lawsuit and all.

kid_thorazine:
i dont doubt that even with HLA cutting corners on everything, its still pretty expensive to run, i mean they do have to (occasionally) pay for foodservice, and im assuming they pay all of thier staff (most of the time) plus they (occasionally) have to pay income taxes when money is shifted out of the nonprofit organization. Also im sure thier insurance (which aparently they have since is wasnt mentioned anywhere in the law suit, has got to be really really really expensive.  but yeah i think about half of that figure maybe a little more is profit, and thats a lot of money.

RobertBruce:
Not to mention the Buch's personal taxes and extravagent dinners.

kid_thorazine:
dont forget trips to europe and lavish gifts to educational consultants, not to mention paying for thier trips to atlanta.

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