Highlands Latin is a family school owned by the Lowe family. We have an entrepreneurial spirit and try to spend your tuition dollars wisely. Each year we try to save 10% of tuition to spend on future buildings and expansion. No member of the Lowe family is paid by Highlands Latin School.
Income and balance sheet summaries are below.
|Cash on Hand (1)||1,339,687||494,358||177,625|
|Gym In Progress||1,476,041||20,000|
|Other Current Liabilities||171,019||166,029||158,676|
|Long Term Mortgages||2,403,779||2,310,667||2,423,352|
|Loans from Shareholders (2)||1,975,596||112,685||107,575|
|Capital from Shareholders||988,687||988,687||988,687|
|Total Liabilities and Equity||8,598,513||6,184,296||5,758,108|
|Income Before Depreciation||(9.5%) 384,520||(11%) 414,422||(8%) 263,587|
(1) Cash increased due to a loan for construction of a new gym. (2) The Lowe family loaned Highlands Latin School an additional $1,862,911 for construction of a new gym.