Civic Intelligence

Boys Latin Foundation

EIN 30-0395239 • 501(c)3 • Philadelphia, PA

Profile

The mission of boys latin foundation (the foundation) is to provide educational,administrative and community services and facilities for the benefit of boys latinof philadelphia charter school (the school). The school is a related 501(c)(3)public charity.

339 N 63rd StreetPhiladelphia, PA 19139

n/A

Siviq Scores

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

Liabilities / Assets

68th percentile

0.30x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

1.31x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$150,058

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 11.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

50th percentile

4.8%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

22nd percentile

-8.1%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$5,430,937

Up $54,935 (+1.0%) from 2023

Liabilities

Down

$1,649,253

Down $419,753 (-20%) from 2023

Net Assets

Up

$3,781,684

Up $474,688 (+14%) from 2023

Operations
Liabilities / Revenue87th percentileNet Margin84th percentile

Revenue

Up

$1,263,111

Up $13,218 (+1.1%) from 2023

Expenses

Up

$788,423

Up $23,157 (+3.0%) from 2023

Net Income

Down

$474,688

Down $9,939 (-2.1%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$6.0M$4.0M$2.0M$0Assets 2018: $4,010,062Liabilities 2018: $1,869,592Net Assets 2018: $2,140,4702018Assets 2019: $5,200,771Liabilities 2019: $2,635,538Net Assets 2019: $2,565,2332019Assets 2020: $5,253,961Liabilities 2020: $2,594,567Net Assets 2020: $2,659,3942020Assets 2021: $5,105,819Liabilities 2021: $2,421,503Net Assets 2021: $2,684,3162021Assets 2022: $4,941,523Liabilities 2022: $2,119,153Net Assets 2022: $2,822,3702022Assets 2023: $5,376,002Liabilities 2023: $2,069,006Net Assets 2023: $3,306,9962023Assets 2024: $5,430,937Liabilities 2024: $1,649,253Net Assets 2024: $3,781,6842024

Highlighted filing

2024

Assets$5,430,937
Liabilities$1,649,253
Net Assets$3,781,684
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

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

$3.0M$2.0M$1.0M$0Revenue 2018: $1,676,221Expenses 2018: $1,584,174Net Income 2018: $92,0472018Revenue 2019: $2,562,238Expenses 2019: $2,137,475Net Income 2019: $424,7632019Revenue 2020: $1,933,128Expenses 2020: $1,838,967Net Income 2020: $94,1612020Revenue 2021: $1,820,805Expenses 2021: $1,795,884Net Income 2021: $24,9212021Revenue 2022: $1,494,627Expenses 2022: $1,356,573Net Income 2022: $138,0542022Revenue 2023: $1,249,893Expenses 2023: $765,266Net Income 2023: $484,6272023Revenue 2024: $1,263,111Expenses 2024: $788,423Net Income 2024: $474,6882024

Highlighted filing

2024

Revenue$1,263,111
Expenses$788,423
Net Income$474,688
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$5,430,937
Liabilities
$1,649,253
Net assets
$3,781,684
Revenue
$1,263,111
Expenses
$788,423
Net income
$474,688
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.43$1.65$3.78$1.26$0.79$0.47
2023Detailed filing. Detailed filing data is available for this year.$5.38$2.07$3.31$1.25$0.77$0.48
2022Detailed filing. Detailed filing data is available for this year.$4.94$2.12$2.82$1.49$1.36$0.14
2021Detailed filing. Detailed filing data is available for this year.$5.11$2.42$2.68$1.82$1.80$0.02
2020Detailed filing. Detailed filing data is available for this year.$5.25$2.59$2.66$1.93$1.84$0.09
2019Detailed filing. Detailed filing data is available for this year.$5.20$2.64$2.57$2.56$2.14$0.42
2018Detailed filing. Detailed filing data is available for this year.$4.01$1.87$2.14$1.68$1.58$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,263,111
Mission and Program Overview

Mission

The mission of boys latin foundation (foundation) is to provide educational, administrative, and community services and facilities in the benefit of boys latin of philadelphia charter school (school), a related 501(c)(3) public charity.

The mission of boys latin foundation (the foundation) is to provide educational,administrative and community services and facilities for the benefit of boys latinof philadelphia charter school (the school). The school is a related 501(c)(3)public charity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,098,092$3,954,440▼ $143,652
Cash and Non-Interest-Bearing Accounts$1,224,693$1,429,177▲ $204,484
Accounts Receivable$53,217$47,320▼ $5,897
Total Assets$5,376,002$5,430,937▲ $54,935
Liabilities
Mortgage Notes Payable Secured by Investment Property$974,028$921,343▼ $52,685
Other Liabilities$1,090,252$724,198▼ $366,054
Accounts Payable and Accrued Expenses$4,726$3,712▼ $1,014
Total Liabilities$2,069,006$1,649,253▼ $419,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,306,996$3,781,684▲ $474,688
Total Net Assets Fund Balance$3,306,996$3,781,684▲ $474,688
Total Liabilities and Net Assets / Fund Balance$5,376,002$5,430,937▲ $54,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,463,916$1,127,373$3,591,289
Land$1,490,524-$1,490,524
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colleen SmithCOOPT$126,586$23,472$150,058

Board Members and Trustees

NameTitle
R Richard WilliamsBoard Chair
David HardyBoard Member
David MartinelliBoard Member
Stephen SmithBoard Member
Steven KempfBoard Member
Marianne DeanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$541,385
Program Service Revenue
$701,875
Investment Income
$0
Other Revenue
$19,851
All Other Contributions
$541,385
Change in Net Assets
$474,688

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,263,111
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,263,111
Total Revenue per Form 990
$1,263,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$600,053
Other Expenses$188,370
Total Fundraising Expense$42,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$305,187$21,047$15,893$342,127
Current Officers, Directors, Trustees, and Key Employees$131,709$9,083$18,229$159,021
Depreciation Depletion$143,652--$143,652
Other Employee Benefits$49,625$3,423$5,024$58,072
Payroll Taxes$35,525$2,450$2,858$40,833
Interest$40,121--$40,121
Fees for Services Other-$4,597-$4,597
Total Functional Expenses$705,819$40,600$42,004$788,423

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$788,423
Total Expenses per Audited Statements$788,423
Total Expenses per Form 990$788,423
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to Boys Latin Cs$724,198
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
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, Part VI, Section A, Line 8B

“The foundation does not have committees with authority to act on behalf of the board, therefore per the available internal revenue service instructions this question had been answered no.”

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

“The form 990 is prepared by an independent accounting firm. The coo and board of trustees review the form 990 before it is submitted to the internal revenue service.”

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

“The conflict of interst policy applies to all members of the board of trustees, officers and employees of the foundation. In the event of potentnial conflict of interest does arise, its nature and extent should be fully disclosed immediately to the chairpoerson and to the board of trustees. The chairperson of the board of trustees makes the determination as to whether a potential conflict is an actual conflict, may result in disciplinary action, up to and including termination or dismissal from the board if an actual conflict was identified.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed and approved by the finance committee and board chairperson of the board of trustees. Comparability data is gathered and assessed from similar non-profit organizations. The comaprable analysis is available for further substantiation. The decisison is recorded via offer letter/contractual documentation.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available upon request and are available to employees and board members.”

Filing and Contact Details

Filer

Filer Name
Boys Latin Foundation
EIN
30-0395239
Phone
2153875149
Address
339 N 63RD STREET, PHILADELPHIA, PA 19139

Signing Officer

Name
Colleen Smith
Title
Chief Operating Officer
Phone
2154703408
Signed
2025-05-13

Organization Details

Principal Officer
Colleen Smith
Formed
2007
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
6

Preparer

Firm
Barbacane Thornton & Company Llp
Address
503 CARR ROAD SUITE 100, WILMINGTON, DE 19809
Preparer
Joseph Manfre CPA
Phone
3024798940
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Each year, audit and 990 return are reviewed by the finance committee and approved by the board of trustees.”

Financial Statement Notes

Part X - Fasb Asc 740 Footnote

“The foundation recognizes and measures its unrecognized tax benefits in accordance with fasb asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely than not that the positions will be sustained upon examination by the taxing authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of june 30, 2024, the foundation had no uncertain tax positions that qualified for either recognition or disclosure in the financial statements. Additionally, the foundation had no interest or penalties related to income taxes.”

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

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IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0680247
IRS990/PYRevenuesLessExpensesAmt0484627
IRS990/PYSalariesCompEmpBnftPaidAmt0575281
IRS990/PYTotalExpensesAmt0765266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01249893
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0474688
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0701875
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION'S COO REPORTS DIRECTLY TO BOTH THE ORGANIZATION'S BOARD AND THE CHARTER SCHOOL'S BOARD. IN ADDITION, FINANCIAL INFORMATION OF THE ORGANIZATION IS REPORTED TO THE CHARTER SCHOOL'S BOARD AT EACH MEETING OF THE BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SCHOOL IS NOT REQUIRED TO BE LISTED IN THE GOVERNING DOCUMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION B, LINE 1
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0203597185
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02463916
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01127373
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03591289
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0788423
IRS990ScheduleD/LandGrp/BookValueAmt01490524
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01490524
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0724198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BOYS LATIN CS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01263111
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF JUNE 30, 2024, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE FOUNDATION HAD NO INTEREST OR PENALTIES RELATED TO INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X - FASB ASC 740 FOOTNOTE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03954440
IRS990ScheduleD/TotalExpensesPerForm990Amt0788423
IRS990ScheduleD/TotalLiabilityAmt0724198
IRS990ScheduleD/TotalRevenuePerForm990Amt01263111
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01263111
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0788423
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0126586
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount06250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016622
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0COLLEEN SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150058
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD, THEREFORE PER THE AVAILABLE INTERNAL REVENUE SERVICE INSTRUCTIONS THIS QUESTION HAD BEEN ANSWERED NO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE COO AND BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTERST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND EMPLOYEES OF THE FOUNDATION. IN THE EVENT OF POTENTNIAL CONFLICT OF INTEREST DOES ARISE, ITS NATURE AND EXTENT SHOULD BE FULLY DISCLOSED IMMEDIATELY TO THE CHAIRPOERSON AND TO THE BOARD OF TRUSTEES. THE CHAIRPERSON OF THE BOARD OF TRUSTEES MAKES THE DETERMINATION AS TO WHETHER A POTENTIAL CONFLICT IS AN ACTUAL CONFLICT, MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OR DISMISSAL FROM THE BOARD IF AN ACTUAL CONFLICT WAS IDENTIFIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND BOARD CHAIRPERSON OF THE BOARD OF TRUSTEES. COMPARABILITY DATA IS GATHERED AND ASSESSED FROM SIMILAR NON-PROFIT ORGANIZATIONS. THE COMAPRABLE ANALYSIS IS AVAILABLE FOR FURTHER SUBSTANTIATION. THE DECISISON IS RECORDED VIA OFFER LETTER/CONTRACTUAL DOCUMENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE AVAILABLE TO EMPLOYEES AND BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH YEAR, AUDIT AND 990 RETURN ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0203597185
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PA CHARTER ACHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05501 CEDAR AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd019143
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt099304
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1602571
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BOYS LATIN OF PHILADELPHIA CS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1BOYS LATIN OF PHILADELPHIA CS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1L
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05376002
IRS990/TotalAssetsEOYAmt05430937
IRS990/TotalAssetsGrp/BOYAmt05376002
IRS990/TotalAssetsGrp/EOYAmt05430937
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0541385
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042004
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0705819

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