Civic Intelligence

Corporation of the Washington Latin School

990 • Fiscal year 2018 • EIN 20-2395640

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 09, 2019

5200 2nd Street NWWashington, DC 20011

(202) 223-1111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.68x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

1.40x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

51st percentile

3.9%

Higher net margin than 51% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

26th percentile

$166,852

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

49th percentile

2.2%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

7.5%

Faster revenue growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$27,474,291

Up $589,236 (+2.2%) from 2017

Net Assets

Up

$8,851,017

Up $734,558 (+9.1%) from 2017

Liabilities

Down

$18,623,274

Down $145,322 (-0.8%) from 2017

Revenue

Up

$13,346,243

Up $936,311 (+7.5%) from 2017

Expenses

Up

$12,824,496

Up $982,531 (+8.3%) from 2017

Net Income

Down

$521,747

Down $46,220 (-8.1%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2011: $1,012,978Liabilities 2011: $1,040,773Net Assets 2011: -$27,7952011Assets 2012: $1,308,692Liabilities 2012: $491,598Net Assets 2012: $817,0942012Assets 2013: $2,158,019Liabilities 2013: $299,376Net Assets 2013: $1,858,6432013Assets 2014: $21,367,699Liabilities 2014: $16,919,789Net Assets 2014: $4,447,9102014Assets 2015: $23,784,601Liabilities 2015: $17,730,987Net Assets 2015: $6,053,6142015Assets 2016: $26,416,990Liabilities 2016: $19,241,128Net Assets 2016: $7,175,8622016Assets 2017: $26,885,055Liabilities 2017: $18,768,596Net Assets 2017: $8,116,4592017Assets 2018: $27,474,291Liabilities 2018: $18,623,274Net Assets 2018: $8,851,0172018Assets 2019: $27,485,758Liabilities 2019: $18,654,155Net Assets 2019: $8,831,6032019Assets 2020: $28,722,754Liabilities 2020: $15,660,797Net Assets 2020: $13,061,9572020Assets 2021: $31,565,560Liabilities 2021: $15,019,282Net Assets 2021: $16,546,2782021Assets 2022: $33,346,403Liabilities 2022: $14,842,179Net Assets 2022: $18,504,2242022Assets 2023: $57,326,074Liabilities 2023: $34,963,828Net Assets 2023: $22,362,2462023Assets 2024: $56,512,325Liabilities 2024: $31,830,910Net Assets 2024: $24,681,4152024

Highlighted filing

2018

Assets$27,474,291
Liabilities$18,623,274
Net Assets$8,851,017

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Revenue 2011: $8,257,449Expenses 2011: $7,432,743Net Income 2011: $824,7062011Expenses 2012: $8,482,9162012Expenses 2013: $10,068,7152013Revenue 2014: $11,662,067Expenses 2014: $10,127,279Net Income 2014: $1,534,7882014Revenue 2015: $12,528,508Expenses 2015: $10,351,580Net Income 2015: $2,176,9282015Revenue 2016: $12,397,567Expenses 2016: $10,920,838Net Income 2016: $1,476,7292016Revenue 2017: $12,409,932Expenses 2017: $11,841,965Net Income 2017: $567,9672017Revenue 2018: $13,346,243Expenses 2018: $12,824,496Net Income 2018: $521,7472018Revenue 2019: $13,809,639Expenses 2019: $13,664,177Net Income 2019: $145,4622019Revenue 2020: $19,198,775Expenses 2020: $14,455,641Net Income 2020: $4,743,1342020Revenue 2021: $17,054,882Expenses 2021: $14,170,106Net Income 2021: $2,884,7762021Revenue 2022: $18,255,562Expenses 2022: $17,361,762Net Income 2022: $893,8002022Revenue 2023: $25,342,054Expenses 2023: $21,895,098Net Income 2023: $3,446,9562023Revenue 2024: $28,038,559Expenses 2024: $25,572,185Net Income 2024: $2,466,3742024

Highlighted filing

2018

Revenue$13,346,243
Expenses$12,824,496
Net Income$521,747
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 9, 2019
Return Version
2017v2.3
Gross Receipts
$13,346,243
Mission and Program Overview

Mission

The mission of the charter school is to provide a rigorous, classical education to public school middle and high school students from across the district of columbia.

To provide a challenging, classical education that is accessible to students throughout the district of columbia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,957,748$16,907,085▼ $1,050,663
Savings and Temporary Cash Investments$7,750,801$7,753,566▲ $2,765
Cash and Non-Interest-Bearing Accounts$677,359$2,060,181▲ $1,382,822
Pledges and Grants Receivable$301,113$342,266▲ $41,153
Accounts Receivable$79,598$106,418▲ $26,820
Prepaid Expenses and Deferred Charges$68,436$56,285▼ $12,151
Total Assets$26,885,055$27,474,291▲ $589,236
Other Assets Total$50,000$248,490▲ $198,490
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,744,495$17,728,324▼ $16,171
Accounts Payable and Accrued Expenses$960,748$873,361▼ $87,387
Other Liabilities$45,148$15,789▼ $29,359
Deferred Revenue$18,205$5,800▼ $12,405
Total Liabilities$18,768,596$18,623,274▼ $145,322
Net Assets / Fund Balance
Unrestricted Net Assets$7,538,637$8,425,766▲ $887,129
Temporarily Rstr Net Assets$577,822$425,251▼ $152,571
Total Net Assets Fund Balance$8,116,459$8,851,017▲ $734,558
Total Liabilities and Net Assets / Fund Balance$26,885,055$27,474,291▲ $589,236

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$16,640,570$3,462,635$20,103,205
Equipment$266,515$899,513$1,166,028
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter AndersonHead of SchoFT$156,170$10,682$166,852
Peter AndersonHead of School-$156,170$10,682$166,852
Diana SmithPrincipalFT$119,669$9,550$129,219
Catherine CromwellDirector Dev & CoFT$103,055$5,502$108,557
Geovanna IzurietaDirector of FinanFT$75,453$7,251$82,704

Board Members and Trustees

NameTitle
Ann Elizabeth LovettPresident
Alexandra EconomouBoard Member
Christina Erland CulverBoard Member
Hunter Rawlings IiiBoard Member
Maria DemekeBoard Member
Mark CaveBoard Member
Patrick MaraBoard Member
Ragini DalalBoard Member
Russell GreiffBoard Member
Talhia TuckerBoard Member
Kimberly L ColeSecretary
Tim MorganTreasurer
Christopher B WilkinsonVice-preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Venpor Investments LLCTransportation250 AMERICA WAY 321, Oxon Hill, MD 20745$304,100
Latin Janitorial ServicesCleaning518 ONEIDA PLACE NW, Washington, DC 20011$179,532
Revolution FoodsFood Services6219 COLUMBIA PARK ROAD, Cheverly, MD 20785$139,937
Revenue and Support

Revenue Composition

Contributions and Grants
$859,384
Program Service Revenue
$12,411,244
Investment Income
$75,615
Other Revenue
$0
All Other Contributions
$504,326
Change in Net Assets
$521,747

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,346,243
Revenue Not Reported on Form 990
$8,662
Total Revenue per Audited Statements
$13,354,905
Total Revenue per Form 990
$13,346,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,030,730
Other Expenses$4,793,766
Total Fundraising Expense$275,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,880,625$381,794$145,026$6,407,445
Depreciation Depletion$1,007,609$65,418$24,850$1,097,877
Occupancy$682,402$126,273$16,316$824,991
Interest$753,188$48,900$18,575$820,663
Other Employee Benefits$533,946$33,708$12,805$580,459
Payroll Taxes$485,148$31,498$11,965$528,611
Current Officers, Directors, Trustees, and Key Employees$331,336$21,511$8,170$361,017
Fees for Services Other$202,113$4,977$1,890$208,980
Fees for Services Accounting$148,063$9,612$3,652$161,327
Office Expenses$146,103$9,486$3,603$159,192
Pension Plan Contributions$140,922$8,897$3,379$153,198
Travel$58,356$3,789$1,439$63,584
Other Expenses$57,721$3,747$1,423$62,891
Information Technology$37,525$9,381-$46,906
Insurance$39,125$2,540$965$42,630
Fees for Services Legal$21,981--$21,981
All Other Expenses--$21,048$21,048
Total Functional Expenses$11,770,588$778,802$275,106$12,824,496

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,833,158
Expenses per Audited Statements$12,824,496
Total Expenses per Form 990$12,824,496
Expenses Not Reported on Form 990$8,662
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable$15,789
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The director of finance reviews the draft form 990 information tax return, as prepared by the accountants/auditors. Once reviewed, the 990 tax return is forwarded to the finance committee for review and they recommend it to the full board of governors for acceptance.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is constantly monitored by administration personnel and the board of directors through review and approval procedures. Annually board members and staff complete a conflict of interest disclosure form identifying any relationships or circumstances which the board of governors or staff member believes could contribute to a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The head of school's salary is set forth in an employment contract which was negotiated by the board president at the time the head of school was hired. A committee of the board reviewed and approved the compensation using benchmark salary and benefits data provided by consultants.

Form 990, Page 6, Part VI, Line 15B

The process for determining compensation for top officials and other officers was approved by the board in february 2018. The board approved a salary framework recommended by a third party compensation consultant after conducting a compensation study with a nationwide focus on salaries from other comparable charter schools. Within this framework, the head of school determines the salary of top key officials and officers under his supervision.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies and financial statements are forwarded to the district of columbia public charter school board which provides oversight and distribution of relevant information to the public. The form 990 is made available on the organizations website and upon request. In addition, the 990 information tax return is available for public inspection on guidestar.

Filing and Contact Details

Filer

Filer Name
Washington Latin Public Charter
EIN
20-2395640
Phone
2022231111
Address
5200 2ND STREET NW, WASHINGTON, DC 20011

Signing Officer

Name
Peter Anderson
Title
Head of School
Phone
2025411591
Signed
2019-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Anderson
Formed
2006
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
180
Volunteers
15

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Washington latin believes that a high caliber classical education should be available to all public school students and that every young person can learn and deserves great teachers. The classical model of education at washington latin brings together the timeless truths of greece and rome with the study of contemporary issues. Washington latin focuses on three classical legacies: education for citizenship in a democracy, the latin language, and public oratory. These are imparted through both ancient teaching methods such as socratic seminars and contemporary approaches, such as current technology and innovative learning practices. In addition, each student is required to complete three high school levels of latin and two of french, chinese, or arabic. This requirement is designed to foster the student's understanding of other cultures and to prepare each student for success in the global environment. The link between the academic and moral realms of education lies at the heart of the classical tradition. Washington latin holds high expectations for its students in their academic performance,as well as their personal and community behavior. They learn to ask "essential questions," engage in difficult discussions, inform themselves about possible options, act on their decisions, and own the consequences: all critical steps to becoming responsible citizens. A related component of our classical approach is to educate students to become part of the school community. We encourage all to care for and respect one another under the mantra "wordsmatter." to foster this, we gather the school community regularly in assemblies that focus on our values, praise student achievement, and recognize each other's growth and hard work, essential to creating our culture of community support and shared responsibility. Our top notch faculty is the single most important reason for our charter school's success and allows for a personal, supportive and challenging environment. The only way to bring students along on their own path of education is to know them. We insist on small class sizes and an active advisory program to allow teachers to know their students as adolescents and as learners. Accessibility to the school facility, its faculty and staff, and its courses of study is woven into washington latin's culture. Since its opening, the charter school has reached these important milestones: o enrollment has grown to 705 students at grade levels 5-12 and we have served more than 1,500 students overall. The school is in high demand from students who wish to enroll, and our waitlist regularly numbers over 1,000. O every year since it opened, the school has enrolled students from all eight wards. Our student body is diverse, and our racial demographics match those of the city. O we have been rated tier 1 by the public charter school board each year since the board began using the performance management framework to measure charter school quality. O our first class graduated in 2012, and five others have followed for a total of 425 washington latin graduates. In both 2012 and 2013, our first two graduating classes had the highest graduation rates (93% and 96%) of any non-selective public school in the district. Our average graduation rate is 86%. O approximately 86% or more of each senior class has been accepted to college. Our 425 alumni have received more than 27 million in scholarships, including seven posse scholars, two children's defense fund beat the odds scholars, three george washington university trachtenberg scholars, a herbert h. Denton jr. Scholar, and a gates millennium scholarship finalist. Three of our graduates have been accepted to military academies, including the u.s. Coast guard, u.s. Air force, and west point. In the most recent dc-wide standardized testing (parcc assessment, administered each spring), washington latin students scored at or near the top of both english/language arts (ela) and mathematics tests. In fact, our ela sco

Form 990, Part XI, Line 9

Change in fv of interest swap rate 212,811

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IRS990/Desc0WASHINGTON LATIN PCS PROVIDES A CHALLENGING, CLASSICAL EDUCATION FOR THE MODERN WORLD THAT IS ACCESSIBLE TO STUDENTS IN GRADES 5-12 THROUGHOUT THE DISTRICT OF COLUMBIA. THE CHARTER SCHOOL WAS FOUNDED IN 2005 ON THE BELIEF THAT ALL STUDENTS DESERVE A QUALITY EDUCATION THAT GOES BEYOND PREPARATION AND FOCUSES ON DEVELOPING KNOWLEDGE, UNDERSTANDING AND HUMANITY. OUR ESSENTIAL CHARACTERISTICS INCLUDE OUR CLASSICAL CURRICULUM, TOP NOTCH FACULTY, SMALL CLASSES, AND CLOSE-KNIT COMMUNITY OF DIVERSE STUDENTS AND FACULTY. LATIN WASHINGTON OPENED ITS DOORS TO 179 STUDENTS IN 2006. IN EACH OF THE NEXT FIVE YEARS, THE SCHOOL ADDED A GRADE UNTIL REACHING THE FULL COMPLEMENT OF GRADES 5-12 IN 2011-12. THE CHARTER SCHOOL PRESENTLY SERVES A DIVERSE GROUP OF STUDENTS FROM ALL EIGHT WARDS OF DC. WASHINGTON LATIN BELIEVES THAT A HIGH CALIBER CLASSICAL EDUCATION SHOULD BE AVAILABLE TO ALL PUBLIC SCHOOL STUDENTS AND THAT EVERY YOUNG PERSON CAN LEARN AND DESERVES GREAT TEACHERS. THE CLASSICAL MODEL OF EDUCATION AT WASHINGTON LATIN BRINGS TOGETHER THE TIMELESS TRUTHS OF GREECE AND ROME WITH THE STUDY OF CONTEMPORARY ISSUES. WASHINGTON LATIN FOCUSES ON THREE CLASSICAL LEGACIES: EDUCATION FOR CITIZENSHIP IN A DEMOCRACY, THE LATIN LANGUAGE, AND PUBLIC ORATORY. THESE ARE IMPARTED THROUGH BOTH ANCIENT TEACHING METHODS SUCH AS SOCRATIC SEMINARS AND CONTEMPORARY APPROACHES, SUCH AS CURRENT TECHNOLOGY AND INNOVATIVE LEARNING PRACTICES. IN ADDITION, EACH STUDENT IS REQUIRED TO COMPLETE THREE HIGH SCHOOL LEVELS OF LATIN AND TWO OF FRENCH, CHINESE, OR ARABIC. THIS REQUIREMENT IS DESIGNED TO FOSTER THE STUDENT'S UNDERSTANDING OF OTHER CULTURES AND TO PREPARE EACH STUDENT FOR SUCCESS IN THE GLOBAL ENVIRONMENT. THE LINK BETWEEN THE ACADEMIC AND MORAL REALMS OF EDUCATION LIES AT THE HEART OF THE CLASSICAL TRADITION. WASHINGTON LATIN HOLDS HIGH EXPECTATIONS FOR ITS STUDENTS IN THEIR ACADEMIC PERFORMANCE,AS WELL AS THEIR PERSONAL AND COMMUNITY BEHAVIOR. THEY LEARN TO ASK "ESSENTIAL QUESTIONS," ENGAGE IN DIFFICULT DISCUSSIONS, INFORM THEMSELVES ABOUT POSSIBLE OPTIONS, ACT ON THEIR DECISIONS, AND OWN THE CONSEQUENCES: ALL CRITICAL STEPS TO BECOMING RESPONSIBLE CITIZENS. A RELATED COMPONENT OF OUR CLASSICAL APPROACH IS TO EDUCATE STUDENTS TO BECOME PART OF THE SCHOOL COMMUNITY. WE ENCOURAGE ALL TO CARE FOR AND RESPECT ONE ANOTHER UNDER THE MANTRA "WORDSMATTER." TO FOSTER THIS, WE GATHER THE SCHOOL COMMUNITY REGULARLY IN ASSEMBLIES THAT FOCUS ON OUR VALUES, PRAISE STUDENT ACHIEVEMENT, AND RECOGNIZE EACH OTHER'S GROWTH AND HARD WORK, ESSENTIAL TO CREATING OUR CULTURE OF COMMUNITY SUPPORT AND SHARED RESPONSIBILITY. OUR TOP NOTCH FACULTY IS THE SINGLE MOST IMPORTANT REASON FOR OUR CHARTER SCHOOL'S SUCCESS AND ALLOWS FOR A PERSONAL, SUPPORTIVE AND CHALLENGING ENVIRONMENT. THE ONLY WAY TO BRING STUDENTS ALONG ON THEIR OWN PATH OF EDUCATION IS TO KNOW THEM. WE INSIST ON SMALL CLASS SIZES AND AN ACTIVE ADVISORY PROGRAM TO ALLOW TEACHERS TO KNOW THEIR STUDENTS AS ADOLESCENTS AND AS LEARNERS. ACCESSIBILITY TO THE SCHOOL FACILITY, ITS FACULTY AND STAFF, AND ITS COURSES OF STUDY IS WOVEN INTO WASHINGTON LATIN'S CULTURE. SINCE ITS OPENING, THE CHARTER SCHOOL HAS REACHED THESE IMPORTANT MILESTONES: O ENROLLMENT HAS GROWN TO 705 STUDENTS AT GRADE LEVELS 5-12 AND WE HAVE SERVED MORE THAN 1,500 STUDENTS OVERALL. THE SCHOOL IS IN HIGH DEMAND FROM STUDENTS WHO WISH TO ENROLL, AND OUR WAITLIST REGULARLY NUMBERS OVER 1,000. O EVERY YEAR SINCE IT OPENED, THE SCHOOL HAS ENROLLED STUDENTS FROM ALL EIGHT WARDS. OUR STUDENT BODY IS DIVERSE, AND OUR RACIAL DEMOGRAPHICS MATCH THOSE OF THE CITY. O WE HAVE BEEN RATED TIER 1 BY THE PUBLIC CHARTER SCHOOL BOARD EACH YEAR SINCE THE BOARD BEGAN USING THE PERFORMANCE MANAGEMENT FRAMEWORK TO MEASURE CHARTER SCHOOL QUALITY. O OUR FIRST CLASS GRADUATED IN 2012, AND FIVE OTHERS HAVE FOLLOWED FOR A TOTAL OF 425 WASHINGTON LATIN GRADUATES. IN BOTH 2012 AND 2013, OUR FIRST TWO GRADUATING CLASSES HAD THE HIGHEST GRADUATION RATES (93% AND 96%) OF ANY NON-SELECTIVE
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt021981
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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IRS990/Form990PartVIISectionAGrp/PersonNm4MARK CAVE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTINA ERLAND CULVER
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IRS990/Form990PartVIISectionAGrp/PersonNm11HUNTER RAWLINGS III
IRS990/Form990PartVIISectionAGrp/PersonNm12TALHIA TUCKER
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IRS990/Form990PartVIISectionAGrp/PersonNm14DIANA SMITH
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IRS990/Form990PartVIISectionAGrp/PersonNm16GEOVANNA IZURIETA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1675453
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIR DEV & CO
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIR OF FINAN
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IRS990/Form990TFiledInd0true
IRS990/FormationYr02006
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
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IRS990/GamingActivitiesInd0false
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IRS990/GrantToRelatedPersonInd0false
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IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt046906
IRS990/InsuranceGrp/FundraisingAmt0965
IRS990/InsuranceGrp/ManagementAndGeneralAmt02540
IRS990/InsuranceGrp/ProgramServicesAmt039125
IRS990/InsuranceGrp/TotalAmt042630
IRS990/InterestGrp/FundraisingAmt018575
IRS990/InterestGrp/ManagementAndGeneralAmt048900
IRS990/InterestGrp/ProgramServicesAmt0753188
IRS990/InterestGrp/TotalAmt0820663
IRS990/InvestmentIncomeGrp/ExclusionAmt075615
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt075615
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04362148
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017957748
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016907085
IRS990/LandBldgEquipCostOrOtherBssAmt021269233
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE A CHALLENGING, CLASSICAL EDUCATION THAT IS ACCESSIBLE TO STUDENTS THROUGHOUT THE DISTRICT OF COLUMBIA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017744495
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt017728324
IRS990/NetAssetsOrFundBalancesBOYAmt08116459
IRS990/NetAssetsOrFundBalancesEOYAmt08851017
IRS990/NetUnrelatedBusTxblIncmAmt07400
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt016316
IRS990/OccupancyGrp/ManagementAndGeneralAmt0126273
IRS990/OccupancyGrp/ProgramServicesAmt0682402
IRS990/OccupancyGrp/TotalAmt0824991
IRS990/OfficeExpensesGrp/FundraisingAmt03603
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09486
IRS990/OfficeExpensesGrp/ProgramServicesAmt0146103
IRS990/OfficeExpensesGrp/TotalAmt0159192
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050000
IRS990/OtherAssetsTotalGrp/EOYAmt0248490
IRS990/OtherChangesInNetAssetsAmt0212811
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012805
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033708
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0533946
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0580459
IRS990/OtherExpensesGrp/Desc0DIRECT STUDENT COST
IRS990/OtherExpensesGrp/Desc1AUTHORIZER FEE
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3FEES AND LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt01423
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011490
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15781
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23747
IRS990/OtherExpensesGrp/ProgramServicesAmt01032022
IRS990/OtherExpensesGrp/ProgramServicesAmt1103410
IRS990/OtherExpensesGrp/ProgramServicesAmt2108993
IRS990/OtherExpensesGrp/ProgramServicesAmt357721
IRS990/OtherExpensesGrp/TotalAmt01032022
IRS990/OtherExpensesGrp/TotalAmt1114900
IRS990/OtherExpensesGrp/TotalAmt2114774
IRS990/OtherExpensesGrp/TotalAmt362891
IRS990/OtherLiabilitiesGrp/BOYAmt045148
IRS990/OtherLiabilitiesGrp/EOYAmt015789
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0145026
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0381794
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05880625
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031498
IRS990/PayrollTaxesGrp/ProgramServicesAmt0485148
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IRS990/PensionPlanContributionsGrp/FundraisingAmt03379
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08897
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0140922
IRS990/PensionPlanContributionsGrp/TotalAmt0153198
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0301113
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0342266
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068436
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056285
IRS990/PrincipalOfficerNm0PETER ANDERSON
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
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IRS990/ProgramServiceRevenueGrp/Desc1PER PUPIL FACILITY ALLOWANCE
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09707149
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12228524
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2475571
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09707149
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12228524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2475571
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0855190
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt024993
IRS990/PYOtherExpensesAmt04458779
IRS990/PYProgramServiceRevenueAmt011529749
IRS990/PYRevenuesLessExpensesAmt0567967
IRS990/PYSalariesCompEmpBnftPaidAmt07383186
IRS990/PYTotalExpensesAmt011841965
IRS990/PYTotalRevenueAmt012409932
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0521747
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012411244
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07750801
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07753566
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt08662
IRS990ScheduleD/DonatedServicesUseFcltsAmt08662
IRS990ScheduleD/EquipmentGrp/BookValueAmt0266515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0899513
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01166028
IRS990ScheduleD/ExpensesNotReportedAmt08662
IRS990ScheduleD/ExpensesSubtotalAmt012824496
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt016640570
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03462635
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020103205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015789
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt08662
IRS990ScheduleD/RevenueSubtotalAmt013346243

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.5$31.8$24.7$28.0$25.6$2.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.3$35.0$22.4$25.3$21.9$3.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.3$14.8$18.5$18.3$17.4$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.6$15.0$16.5$17.1$14.2$2.88
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$15.7$13.1$19.2$14.5$4.74
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$18.7$8.83$13.8$13.7$0.15
2018Detailed filing. Detailed filing data is available for this year.$27.5$18.6$8.85$13.3$12.8$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.9$18.8$8.12$12.4$11.8$0.57
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.4$19.2$7.18$12.4$10.9$1.48
2015Detailed filing. Detailed filing data is available for this year.$23.8$17.7$6.05$12.5$10.4$2.18
2014Detailed filing. Detailed filing data is available for this year.$21.4$16.9$4.45$11.7$10.1$1.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.30$1.86$10.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.49$0.82$8.48
2011Summary only. Only limited summary data is available for this year.$1.01$1.04$0.03$8.26$7.43$0.82