Consolidated Statement of Financial Position
(June 30, 2022 and 2021)
(Dollars in thousands)
Assets 2022 2021
Cash and cash equivalents $ 10,051 $ 15,398
Investments 64,403 75,648
Receivables - Net
Student and other
Pledges
414
1,035
203
1,892
Fair value of swap agreements 66 -
Prepaid expenses, deposits and other assets 2,228 2,278
Property and equipment - Net 71,405 62,927
TOTAL ASSETS $ 149,602 $ 158,346
Liabilities
Accounts payable and other accrued expenses $ 2,618 $ 1,833
Deferred income 1,560 5,316
Fair value of swap agreements - 1,803
Accrued compensation and benefits 4,468 4,926
Long-term debt 33,307 24,293
TOTAL LIABILITIES $ 41,953 $ 38,171
Net Assets
Without donor restriction
Undesignated
Board-designated endowments
$ 41,176
11,305
$ 38,704
13,861
With donor restriction 55,168 67,610
TOTAL NET ASSETS $ 107,649 $ 120,175
Total Liabilities & Net Assets
$ 149,602 $ 158,346
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 6
