$ 69.7m
$ 14.1m
$ 4.5m
$ 1.2m
$ 1.5m
$ 55.9m
$ 0.8m
$ 0.4m
$ 20.5m
$ 9.2m
$ 4.0m
$ 0.2m
Crofton House School 31
CROFTON HOUSE SCHOOL
> Registered charitable organization
> Board of Governors
> Independent third-partyaudited financial statements
> Operating entity
Financial Objective :
> To safeguard the ability to continue as a going concern
> To fund School operations , including strategic initiatives approved by the Board , through tuition fees , government grant , entrance and application fees , contribution from Crofton House School Foundation for programs and strategic priorities , and ancillary revenue
> To fund capital projects through fundraising , with any remaining portion to be funded through internal funds and bank loans
> To fund financial assistance programs through fundraising
WHAT WE OWN $ 91.0M
$ 69.7m
Tangible Capital Assets ( 76.7 %)
$ 14.1m
Cash & Cash Equivalents ( 15.5 %)
$ 4.5m
Short-Term Investments ( 4.9 %)
$ 1.2m
Restricted Cash ( 1.3 %)
$ 1.5m
Other 1 ( 1.6 %)
1
Includes : Accounts receivable , prepaid expenses + deposits and inventory
2
Includes : Deferred contributions , deferred capital contributions and employee future benefits obligations
HOW WE PAID FOR IT $ 91.0M
$ 55.9m
General Unrestricted Fund ( 61.4 %)
$ 0.8m
Externally Restricted Fund 0.9 %)
$ 0.4m
Internally Restricted Fund ( 0.4 %)
$ 20.5m
Fees Received in Advance ( 22.5 %)
$ 9.2m
Bank Debt ( 10.1 %)
$ 4.0m
Accounts Payable & Accrued Liabilities ( 4.4 %)
$ 0.2m
Other 2 ( 0.3 %)