Civic Intelligence

Fl Templeton Preparatory

EIN 27-4106131 • 501(c)3 • Baltimore, MD

Profile

The vision is to prepare our youth for the 21st century while giving them the opportunity to learn, love, and live. Moreover, we will accomplish this vision by accelerating the opportunities and outcomes for our children by demanding nothing but excellence from the students, the staff, and the community. In short, we "expect excellence"!

1200 Pennsylvania AveBaltimore, MD 21217

www.furmantempletonprepacademy.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.27x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

27th percentile

-4.0%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

76th percentile

$211,486

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

22nd percentile

-8.9%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$4,453,080

Up $772,972 (+21%) from 2023

Liabilities

Down

$437,101

Down $291,572 (-40%) from 2023

Net Assets

Up

$4,015,979

Up $1,064,544 (+36%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin27th percentile

Revenue

Up

$8,797,298

Up $1,037,791 (+13%) from 2023

Expenses

Up

$7,732,754

Up $714,748 (+10%) from 2023

Net Income

Up

$1,064,544

Up $323,043 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2015: $1,823,502Liabilities 2015: $15,676Net Assets 2015: $1,807,8262015Assets 2016: $1,881,262Liabilities 2016: $18,879Net Assets 2016: $1,862,3832016Assets 2017: $2,078,027Liabilities 2017: $81,215Net Assets 2017: $1,996,8122017Assets 2018: $2,006,937Liabilities 2018: $34,217Net Assets 2018: $1,972,7202018Assets 2019: $1,689,082Liabilities 2019: $118,947Net Assets 2019: $1,570,1352019Assets 2020: $1,810,729Liabilities 2020: $88,670Net Assets 2020: $1,722,0592020Assets 2021: $2,052,752Liabilities 2021: $43,354Net Assets 2021: $2,009,3982021Assets 2022: $2,272,064Liabilities 2022: $62,130Net Assets 2022: $2,209,9342022Assets 2023: $3,680,108Liabilities 2023: $728,673Net Assets 2023: $2,951,4352023Assets 2024: $4,453,080Liabilities 2024: $437,101Net Assets 2024: $4,015,9792024

Highlighted filing

2024

Assets$4,453,080
Liabilities$437,101
Net Assets$4,015,979
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $5,726,844Expenses 2015: $6,023,825Net Income 2015: -$296,9812015Revenue 2016: $5,625,546Expenses 2016: $5,570,989Net Income 2016: $54,5572016Revenue 2017: $5,921,723Expenses 2017: $5,787,294Net Income 2017: $134,4292017Revenue 2018: $5,764,845Expenses 2018: $5,788,937Net Income 2018: -$24,0922018Revenue 2019: $5,539,989Expenses 2019: $5,942,574Net Income 2019: -$402,5852019Revenue 2020: $5,877,519Expenses 2020: $5,725,595Net Income 2020: $151,9242020Revenue 2021: $6,268,189Expenses 2021: $5,980,850Net Income 2021: $287,3392021Revenue 2022: $6,346,529Expenses 2022: $6,145,993Net Income 2022: $200,5362022Revenue 2023: $7,759,507Expenses 2023: $7,018,006Net Income 2023: $741,5012023Revenue 2024: $8,797,298Expenses 2024: $7,732,754Net Income 2024: $1,064,5442024

Highlighted filing

2024

Revenue$8,797,298
Expenses$7,732,754
Net Income$1,064,544
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,453,080
Liabilities
$437,101
Net assets
$4,015,979
Revenue
$8,797,298
Expenses
$7,732,754
Net income
$1,064,544
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.45$0.44$4.02$8.80$7.73$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$0.73$2.95$7.76$7.02$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.06$2.21$6.35$6.15$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.04$2.01$6.27$5.98$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.09$1.72$5.88$5.73$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.12$1.57$5.54$5.94$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.03$1.97$5.76$5.79$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.08$2.00$5.92$5.79$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.02$1.86$5.63$5.57$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.82$0.02$1.81$5.73$6.02$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$8,797,298
Mission and Program Overview

Mission

The vision is to prepare our youth for the 21st century while giving them the opportunity to learn, love, and live. Moreover, we will accomplish this vision by accelerating the opportunities and outcomes for our children by demanding nothing but excellence from the students, the staff, and the community. In short, we "expect excellence"!

Prepare our youth for the 21st century while giving them the opportunity to learn, love, and live by accelerating the opportunities for our children and demanding excellence from students, staff, and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,239,015$3,002,721▲ $763,706
Accounts Receivable$269,799$627,587▲ $357,788
Savings and Temporary Cash Investments$515,777$515,728▼ $49
Pledges and Grants Receivable$39,343$0▼ $39,343
Land, Buildings, and Equipment, Net$10,689$0▼ $10,689
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,680,108$4,453,080▲ $772,972
Other Assets Total$605,485$307,044▼ $298,441
Liabilities
Other Liabilities$617,805$319,525▼ $298,280
Accounts Payable and Accrued Expenses$110,868$117,576▲ $6,708
Total Liabilities$728,673$437,101▼ $291,572
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,951,435$4,015,979▲ $1,064,544
Total Net Assets Fund Balance$2,951,435$4,015,979▲ $1,064,544
Total Liabilities and Net Assets / Fund Balance$3,680,108$4,453,080▲ $772,972

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$886,616$886,616
Equipment-$849,282$849,282
Other Assets Org$307,044--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rosalind LockwoodExecutive DirectorFT$200,223-$200,223
Denia PaytonBusiness Mgr.-$5,500$124,443$129,943

Board Members and Trustees

NameTitle
Wanda BestPresident
Florine McCreadyVice President
B Christina QuinonesDirector
Damian L JonesDirector
ER ShippDirector
Eric T CostelloDirector
Richard BarthSecretary
Brett McAlilyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Baltimore Brothers IncSecurity1400 E Federal St, Baltimore, MD 21213$110,400
Revenue and Support

Revenue Composition

Contributions and Grants
$3,834,894
Program Service Revenue
$4,960,822
Investment Income
$52
Other Revenue
$1,530
All Other Contributions
$41,219
Change in Net Assets
$1,064,544

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,797,298
Total Revenue per Audited Statements
$8,797,298
Total Revenue per Form 990
$8,797,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,922,013
Other Expenses$1,810,741
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,228,429$163,402-$4,391,831
Other Employee Benefits$787,087$60,063-$847,150
Occupancy$547,900$41,811-$589,711
Fees for Services Other$550,276$18,381-$568,657
Payroll Taxes$332,272$25,356-$357,628
Current Officers, Directors, Trustees, and Key Employees$154,354$171,050-$325,404
Office Expenses$120,019$5,157-$125,176
Other Expenses$21,697$1,656-$23,353
Fees for Services Accounting-$22,875-$22,875
Depreciation Depletion$9,931$758-$10,689
Total Functional Expenses$7,214,525$518,229$0$7,732,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,732,754
Total Expenses per Audited Statements$7,732,754
Total Expenses per Form 990$7,732,754
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease payable$319,525
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 will be reviewed by the Board's Financial Committee. Thereafter, the Board Treasurer will present the 990 to the entire board at a board meeting.”

Form 990, Part VI, Section B, Line 12C

“The school follows all policy outlined by Baltimore City Schools. The school board has a conflict of interest policy. This policy is monitored by the board President.”

Form 990, Part VI, Section B, Line 15A

“The Board of Directors shall evaluate the performance of the Executive Director annually and set the Executive Director's compensation.”

Form 990, Part VI, Section C, Line 19

“Available on site upon request.”

Filing and Contact Details

Filer

Filer Name
FL Templeton Preparatory
EIN
27-4106131
Phone
4103960882
Address
1200 Pennsylvania Ave, Baltimore, MD 21217

Signing Officer

Name
Rosalind Lockwood
Title
Executive Director
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosalind Lockwood
Formed
2011
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
7
Volunteers
20

Preparer

Firm
KL Hoffman & Company PC
Address
2809 BOSTON ST, BALTIMORE, MD 21224
Preparer
Karen L Hoffman CPA
Phone
4439901005
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Internal Revenue Service has not examined (audited) the previous tax returns of F.L. Templeton Preparatory Academy, Inc., thus the previous three (3) years are subject to examination. The School has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.”

Raw XML AppendixShowing 400 of 488 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0110868
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0117576
IRS990/AccountsReceivableGrp/BOYAmt0269799
IRS990/AccountsReceivableGrp/EOYAmt0627587
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Prepare our youth for the 21st century while giving them the opportunity to learn, love, and live by accelerating the opportunities for our children and demanding excellence from students, staff, and the community.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt041219
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Management
IRS990/BooksInCareOfDetail/PhoneNum04103960882
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 Pennsylvania Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Baltimore
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0212173045
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02239015
IRS990/CashNonInterestBearingGrp/EOYAmt03002721
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0171050
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0154354
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0325404
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0110400
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01400 E Federal St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Baltimore
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd021213
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0The Baltimore Brothers Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Security
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03834894
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt052
IRS990/CYOtherExpensesAmt01810741
IRS990/CYOtherRevenueAmt01530
IRS990/CYProgramServiceRevenueAmt04960822
IRS990/CYRevenuesLessExpensesAmt01064544
IRS990/CYSalariesCompEmpBnftPaidAmt05922013
IRS990/CYTotalExpensesAmt07732754
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08797298
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0758
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09931
IRS990/DepreciationDepletionGrp/TotalAmt010689
IRS990/Desc0Public Charter School
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt07214525
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022875
IRS990/FeesForServicesAccountingGrp/TotalAmt022875
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018381
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0550276
IRS990/FeesForServicesOtherGrp/TotalAmt0568657
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118448
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Rosalind Lockwood
IRS990/Form990PartVIISectionAGrp/PersonNm1Denia Payton
IRS990/Form990PartVIISectionAGrp/PersonNm2Wanda Best
IRS990/Form990PartVIISectionAGrp/PersonNm3Florine McCready
IRS990/Form990PartVIISectionAGrp/PersonNm4Brett McAlily
IRS990/Form990PartVIISectionAGrp/PersonNm5B Christina Quinones
IRS990/Form990PartVIISectionAGrp/PersonNm6Eric T Costello
IRS990/Form990PartVIISectionAGrp/PersonNm7Damian L Jones
IRS990/Form990PartVIISectionAGrp/PersonNm8Richard Barth
IRS990/Form990PartVIISectionAGrp/PersonNm9ER Shipp
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0200223
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1105995
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Business Mgr.
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt03793675
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08797298
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt052
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt052
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01735898
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010689
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt01735898
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The vision is to prepare our youth for the 21st century while giving them the opportunity to learn, love, and live. Moreover, we will accomplish this vision by accelerating the opportunities and outcomes for our children by demanding nothing but excellence from the students, the staff, and the community. In short, we "expect excellence"!
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02951435
IRS990/NetAssetsOrFundBalancesEOYAmt04015979
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02951435
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04015979
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt041811
IRS990/OccupancyGrp/ProgramServicesAmt0547900
IRS990/OccupancyGrp/TotalAmt0589711
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05157
IRS990/OfficeExpensesGrp/ProgramServicesAmt0120019
IRS990/OfficeExpensesGrp/TotalAmt0125176
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0605485
IRS990/OtherAssetsTotalGrp/EOYAmt0307044
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt060063
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0787087
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0847150
IRS990/OtherExpensesGrp/Desc0School curriculum supplies
IRS990/OtherExpensesGrp/Desc1Field trips
IRS990/OtherExpensesGrp/Desc2Staff development & training
IRS990/OtherExpensesGrp/Desc3Repairs & maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07720
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11656
IRS990/OtherExpensesGrp/ProgramServicesAmt0248791
IRS990/OtherExpensesGrp/ProgramServicesAmt1137332
IRS990/OtherExpensesGrp/ProgramServicesAmt276437
IRS990/OtherExpensesGrp/ProgramServicesAmt321697
IRS990/OtherExpensesGrp/TotalAmt0248791
IRS990/OtherExpensesGrp/TotalAmt1137332
IRS990/OtherExpensesGrp/TotalAmt284157
IRS990/OtherExpensesGrp/TotalAmt323353
IRS990/OtherLiabilitiesGrp/BOYAmt0617805
IRS990/OtherLiabilitiesGrp/EOYAmt0319525
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01530
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01530
IRS990/OtherRevenueTotalAmt01530
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0163402
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04228429
IRS990/OtherSalariesAndWagesGrp/TotalAmt04391831
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025356
IRS990/PayrollTaxesGrp/ProgramServicesAmt0332272
IRS990/PayrollTaxesGrp/TotalAmt0357628
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt039343
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Rosalind Lockwood
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Per pupil revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04960822
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04960822
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03429030
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt052
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01776958
IRS990/PYProgramServiceRevenueAmt04330425
IRS990/PYRevenuesLessExpensesAmt0741501
IRS990/PYSalariesCompEmpBnftPaidAmt05241048
IRS990/PYTotalExpensesAmt07018006
IRS990/PYTotalRevenueAmt07759507
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01064544
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04960822
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0515777
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0515728
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0849282
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0849282
IRS990ScheduleD/ExpensesSubtotalAmt07732754
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0886616
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0886616
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0307044
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-use asset
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0319525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease payable
IRS990ScheduleD/RevenueSubtotalAmt08797298
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Internal Revenue Service has not examined (audited) the previous tax returns of F.L. Templeton Preparatory Academy, Inc., thus the previous three (3) years are subject to examination. The School has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0307044
IRS990ScheduleD/TotalExpensesPerForm990Amt07732754
IRS990ScheduleD/TotalLiabilityAmt0319525
IRS990ScheduleD/TotalRevenuePerForm990Amt08797298
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08797298
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07732754
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Website
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Receives financial aid from government agencies.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0200223
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Rosalind Lockwood
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0200223
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.