Consolidated Statement of Financial Position
(June 30, 2020 and 2019)
(Dollars in thousands)
Assets 2020 2019
Cash and cash equivalents $ 16,521 $ 14,076
Investments 60,216 60,793
Receivables - Net
Student and other
Pledges
365
2,767
288
5,521
Prepaid expenses, deposits and other assets 1,923 2,076
Property and equipment - Net 63,592 65,422
TOTAL ASSETS $ 145,384 $ 148,176
Liabilities
Accounts payable and other accrued expenses $ 1,927 $ 2,112
Deferred income 6,827 7,086
Fair value of swap agreements 2,875 1,458
Accrued compensation and benefits 4,314 4,019
Long-term debt 25,627 26,524
TOTAL LIABILITIES $ 41,570 $ 41,199
Net Assets
Without donor restriction
Undesignated
Board-designated endowments
$ 37,312
11,222
$ 37,770
11,645
With donor restriction 55,280 57,562
TOTAL NET ASSETS $ 103,814 $ 106,977
TOTAL LIABILITIES & NET ASSETS $ 145,384 $ 148,176
The consolidated financial statements of the school include High Jump, Inc., a not-for-profit
organization that operates an academic enrichment program for seventh and eighth grade
students from Chicago public and parochial schools.
F I N A N C I A L S
L AT I N S C H O O L O F C H I C AG O
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