The Colorado Lutheran High School Association held its delegates meeting on September 25, 2012. The meeting summaries that LuHi has grown significantly over the past year with 290 students, a 20% increase. It also welcomed 45 new transfer students from 17 schools across 5 states and countries. 41% of students receive tuition assistance. LuHi's revenue comes primarily from tuition/fees (74%) and development efforts like an upcoming auction are aimed to help service the school's debt and continue growth plans to reach 400 students. The school is seeking to add board members with expertise in loans, non-profits, and marketing to help achieve enrollment and financial goals.

1. Colorado Lutheran High School Association
Delegates Meeting – September 25, 2012
Welcome Pastors, Delegates, and Supporters!

2. Opening Prayer
Lutheran High School – By the Numbers
290...the number of students LuHi started the 2012-2013 school year
with, a growth of over 20% from the previous year!
45...number of new transfer students, coming from 17 different
schools in 5 states and 4 countries!
32...the number of junior high schools represented in our current
freshman class alone!
41...percentage of students receiving tuition assistance based on
need! This reflects LuHi’s efforts to be missional in outreach and strive
to make Christian education available to as many families as possible!

3. Church Summary:
14 Association Congregations Represented
52 Non-Association Churches Represented
2 LCMS
6 ELCA
29 Non-denominational
4 Catholic
2 Presbyterian
2 Baptist
1 Covenant, Assembly of God, Church of God, Church of Christ, 7th Day
Adventist, Methodist, and Greek Orthodox
Largest number of students (5 or more) from Non-Lutheran Churches
17 Southeast Christian – Parker
12 The Rock – Castle Rock
8 Cherry Hills Community – Highlands Ranch
7 Ave Maria Catholic – Parker
6 Heritage Evangelical Free – Castle Rock
5 Our Lady of Loreto Catholic – Foxfield
5 Southside Bible - Centennial

4. Lutheran High School Revenue
2012-2013
$2,713,903
Activity
$21,500 Other
1% $95,000
4%
Development
$580,000 Tuition / Fees
21% $2,007,403
74%

5. Lutheran High School
Expenses
2012-2013
$2,568,574
Debt Service
Building $250,000
Services 10%
$421,350
16%
Personnel
$1,703,674
School 66%
Operating
$193,450
8%

6. Lutheran High School 2012-2013 - Bottom line . . .
Estimated Revenue: $2,713,913
Estimated Expenses: $2,568,574
BOTTOM LINE: $145,339
Estimated drag from 11-12: $120,000
Estimated cash flow at the end of 12-13: $25,000

7. Lutheran High School
Enrollment Projections and Goals
450
Number of Students
400
350
300
250
200
150
100
50
0
2011-2012 2012-2013 2013-2014 2014-2105
Seniors 68 65 75 80
Juniors 64 66 75 100
Sophomores 64 71 100 100
Freshmen 54 86 100 120

8. Notes on debt service . . .
The CLHSA is currently servicing its monthly debt as it is structured – interest and
fees only until May of 2014.
Principal is being serviced through the Lights to the World Campaign – of which LCEF
is eliminating $1 of principal for every $2 paid down on the current principal
amount:
Current principal paid: $100,000
Principal serviced with LCEF match: $150,000
Principal paid through campaign (goal): $1.3 million
Principal serviced with LCEF match (goal): $1.95 million

9. Cash Pledged: $1,020,358
Cash Received: $348,596
Paid to LCEF: $100,000
Paid to Steier: $147,500
Technology / Other: $68,575
Future Pledges (Goal): $780,000

10. Development Estimates for 2012-2013
Association Congregations: $225,000
Ron Brandhorst Tuition Angel Fund: $200,000
Thrivent Choice: $35,000
Auction (November 18, 2012) $70,000
LutheRun (April 26, 2013) $60,000

11. Big picture plans . . .
Request extension of LCEF’s matching period from May 2014 until the end of
2014 (to match up with the 3-year window for the Lights to the World) capital
campaign.
Roll the short-term line of credit debt (debt accumulated through consolidation)
of $360,000 into the larger loan on the campus.
Request a debt structure that allows for full monthly debt service at the $1000
per student per year metric. (400 students = $400,000 a year in full debt
service)
Increase enrollment to 400 students and reduce principal to under $8 million.
Re-evaluate growth plan and facility needs.

12. Colorado Lutheran High School Association Churches
($16.75 per member and $1000 per student)
Ascension Lutheran Mt. Olive Lutheran
Christ Lutheran-Denver Our Father Lutheran
Epiphany Lutheran Our Saviour Lutheran
Faith Lutheran Peace with Christ Lutheran
Gethsemane Lutheran Redeemer Lutheran
Grace Lutheran Shepherd of the Hills Lutheran
Holy Cross Lutheran St. John's Lutheran
Hope Lutheran – Aurora St. Luke's Lutheran
Immanuel Lutheran Trinity Lutheran -Franktown
University Hills Lutheran

13. Churches who have formally withdrawn from
the CLHSA since consolidation:
Bethlehem Lutheran (provides support per student)
Peace Lutheran (provides support)
Risen Savior Lutheran
Emmaus Lutheran (provides support per student)
Mt. Calvary Lutheran - Ft. Lupton
Mt. Zion Lutheran
Wheat Ridge Lutheran

14. 2012-2013 CLHSA Board Members
Mr. John Paulus – Chair
Mr. Mark Elmshauser – Treasurer
Guy Lund – Secretary
Mrs. Wendy Sims
Mrs. Colleen Brewer
Rev. Michael Eckelkamp
Hon. Paul King
Special thanks to Brad Stoltenow for his service
on the CLHSA Board!

15. Seeking Additional Board Members
The Colorado Lutheran High School Association is seeking five
additional board members. Specifically, we are looking for
non-current parents who may have an expertise in the
following areas:
Loans
Non-profit operating and structure
Marketing and public relations
Please contact Dan Gehrke at 303-934-8611 x 108 if
interested.

16. We need . . .
. . . your congregation to remain committed financially to the CLHSA.
. . . your congregation to consider re-joining the CLHSA.
. . . your congregation to consider becoming a Tuition Angel Donor.
. . . avenues to present the ministry of LHS as one that bears fruit and is
worth the support of your congregation.
. . . help finding at least one solid delegate from each congregation.
. . . assistance identifying board members.
. . . prayers and support.
. . . for us to continue to be more about mission than institution.

17. Closing Remarks

18. Thanks for coming!