C O N S O L I D AT E D S TAT E M E N T O F F I N A N C I A L P O S I T I O N
(June 30, 2023 and 2022)
(Dollars in thousands)
Assets 2023 2022
Cash and cash equivalents $ 3,696 $ 8,810
Investments 76,429 64,403
Receivables - Net
Student and other
Pledges
114
382
414
936
Fair value of swap agreements 1,503 66
Prepaid expenses, deposits and other assets 2,260 2,142
Property and equipment - Net 69,822 71,404
TOTAL ASSETS $ 154,206 $ 148,175
Liabilities
Accounts payable and other accrued expenses $ 2,709 $ 2,595
Deferred income 2,862 1,560
Accrued compensation and benefits 5,543 4,467
Long-term debt 32,071 33,307
TOTAL LIABILITIES $ 43,185 $ 41,929
Net Assets
Without donor restriction
Undesignated
Board-designated endowments
$ 42,386
11,877
$ 40,518
11,305
With donor restriction 56,758 54,423
TOTAL NET ASSETS $ 111,021 $ 106,246
Total Liabilities & Net Assets
$ 154,206 $ 148,175
Consolidated financials include all Latin School of Chicago and other entities associated with real estate holdings.
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
