Civic Intelligence

Charlotte Latin Schools Inc.

990 • Fiscal year 2021 • EIN 56-0944449

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 06, 2022

9502 Providence RoadCharlotte, NC 28277-8695

(704) 846-7299

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.39x

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

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

1.11x

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

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Net Margin

30th percentile

5.2%

Higher net margin than 30% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$900,420

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2021 filings • NTEE B • $100M-$250M nonprofits • Source year 2021

Asset Growth

44th percentile

13%

Faster asset growth than 44% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

74th percentile

20%

Faster revenue growth than 74% of similar nonprofits.

2021 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$136,686,590

Up $15,808,731 (+13%) from 2020

Net Assets

Up

$84,044,163

Up $10,883,928 (+15%) from 2020

Liabilities

Up

$52,642,427

Up $4,924,803 (+10%) from 2020

Revenue

Up

$47,461,290

Up $8,038,879 (+20%) from 2020

Expenses

Up

$44,972,907

Up $4,961,104 (+12%) from 2020

Net Income

Up

$2,488,383

Up $3,077,775 (+522%) from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $75,313,050Liabilities 2011: $29,029,662Net Assets 2011: $46,283,3882011Assets 2012: $73,796,905Liabilities 2012: $26,587,971Net Assets 2012: $47,208,9342012Assets 2013: $75,754,201Liabilities 2013: $25,524,822Net Assets 2013: $50,229,3792013Assets 2014: $79,218,115Liabilities 2014: $25,480,771Net Assets 2014: $53,737,3442014Assets 2015: $78,681,942Liabilities 2015: $25,500,659Net Assets 2015: $53,181,2832015Assets 2016: $81,953,688Liabilities 2016: $26,888,412Net Assets 2016: $55,065,2762016Assets 2017: $90,396,445Liabilities 2017: $27,634,298Net Assets 2017: $62,762,1472017Assets 2018: $99,281,978Liabilities 2018: $32,369,270Net Assets 2018: $66,912,7082018Assets 2019: $118,269,073Liabilities 2019: $45,907,359Net Assets 2019: $72,361,7142019Assets 2020: $120,877,859Liabilities 2020: $47,717,624Net Assets 2020: $73,160,2352020Assets 2021: $136,686,590Liabilities 2021: $52,642,427Net Assets 2021: $84,044,1632021Assets 2022: $136,653,905Liabilities 2022: $52,863,939Net Assets 2022: $83,789,9662022Assets 2023: $147,355,358Liabilities 2023: $53,921,047Net Assets 2023: $93,434,3112023

Highlighted filing

2021

Assets$136,686,590
Liabilities$52,642,427
Net Assets$84,044,163

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $27,037,7442011Expenses 2012: $28,417,7202012Expenses 2013: $29,195,0852013Revenue 2014: $33,857,426Expenses 2014: $30,419,608Net Income 2014: $3,437,8182014Revenue 2015: $30,808,787Expenses 2015: $31,364,848Net Income 2015: -$556,0612015Revenue 2016: $34,773,774Expenses 2016: $32,889,781Net Income 2016: $1,883,9932016Revenue 2017: $39,373,348Expenses 2017: $34,216,207Net Income 2017: $5,157,1412017Revenue 2018: $39,334,160Expenses 2018: $36,201,970Net Income 2018: $3,132,1902018Revenue 2019: $42,827,199Expenses 2019: $38,684,644Net Income 2019: $4,142,5552019Revenue 2020: $39,422,411Expenses 2020: $40,011,803Net Income 2020: -$589,3922020Revenue 2021: $47,461,290Expenses 2021: $44,972,907Net Income 2021: $2,488,3832021Revenue 2022: $54,213,671Expenses 2022: $48,118,067Net Income 2022: $6,095,6042022Revenue 2023: $57,204,279Expenses 2023: $51,234,910Net Income 2023: $5,969,3692023

Highlighted filing

2021

Revenue$47,461,290
Expenses$44,972,907
Net Income$2,488,383
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 6, 2022
Return Version
2020v4.2
Gross Receipts
$52,215,162
Mission and Program Overview

Mission

Charlotte latin school's mission is to encourage individual development and civility in our students by inspiring them to learn, by encouraging them to serve others, and by offering them many growth-promoting opportunities. Through a shared commitment to excellence and core values, the school provides a strong sense of community, which values teaching and celebrates learning. Latin promotes a balanced learning environment that is traditional in design, but innovative in implementation. Intellectual development is encouraged by teaching critical thinking skills and providing relevant learning experiences in all areas of study.

Charlotte latin is an accredited, independent, co-educational, non-sectarian, college-preparatory day school serving 1,422 students in transitional kindergarten through the twelfth grade. Latin does not discriminate on the basis of sex, race, color, religion, disability, age, or national origin in the administration of its educational programs, admissions policies, financial aid policies, employment practices, or other school-administered programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$45,618,629$60,170,991▲ $14,552,362
Land, Buildings, and Equipment, Net$54,634,266$53,698,543▼ $935,723
Cash and Non-Interest-Bearing Accounts$6,404,757$12,575,737▲ $6,170,980
Pledges and Grants Receivable$6,429,742$5,933,675▼ $496,067
Savings and Temporary Cash Investments$6,659,274$3,240,461▼ $3,418,813
Prepaid Expenses and Deferred Charges$407,076$458,995▲ $51,919
Receivables From Officers Etc$240,000$180,000▼ $60,000
Accounts Receivable$205,543$138,142▼ $67,401
Inventories for Sale or Use$47,234$48,908▲ $1,674
Total Assets$120,877,859$136,686,590▲ $15,808,731
Other Assets Total$231,338$241,138▲ $9,800
Liabilities
Tax Exempt Bond Liabilities$27,589,235$26,902,120▼ $687,115
Deferred Revenue$13,805,545$19,362,641▲ $5,557,096
Accounts Payable and Accrued Expenses$4,833,543$4,776,143▼ $57,400
Other Liabilities$1,489,301$1,601,523▲ $112,222
Total Liabilities$47,717,624$52,642,427▲ $4,924,803
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,520,001$56,563,227▲ $7,043,226
Net Assets With Donor Restrictions$23,640,234$27,480,936▲ $3,840,702
Total Net Assets Fund Balance$73,160,235$84,044,163▲ $10,883,928
Total Liabilities and Net Assets / Fund Balance$120,877,859$136,686,590▲ $15,808,731

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$46,114,031$36,532,802$82,646,833
Equipment$3,576,095$6,388,729$9,964,824
Land$4,008,417-$4,008,417

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$36,973,414$290,100▲ $10,083,102$1,105,052$45,854,864
2019$37,463,106$116,995▲ $933,838$1,540,525$36,973,414
2018$33,162,416$3,149,008▲ $2,257,637$1,105,955$37,463,106
2017$30,114,563$2,105,642▲ $1,809,082$637,602$33,162,416
2016$27,891,840$162,673▲ $3,181,734$925,987$30,114,563
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles D BaldecchiHead of SchoolFT$580,709$319,711$900,420
Fletcher H Gregory IiiAssoc. Head of School/CFOFT$237,182$53,861$291,043
Fredrik AkerblomDirector of DevelopmentFT$159,317$70,798$230,115
Todd BallabanHead of Middle SchoolFT$147,257$58,861$206,118
Marcus TayloeHead of Lower SchoolFT$159,424$46,224$205,648
Lawrence WallHead of Upper SchoolFT$165,257$32,820$198,077
Sonja TaylorAssoc. Head of SchoolFT$160,301$26,064$186,365

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Choate Construction CompanyConstruction/repairs2907 PROVIDENCE ROAD 400, Charlotte, NC 28211$1,057,098
Jr Creative Construction INCConstruction/repairs5215 KODIAK COURT, Charlotte, NC 28215$749,623
Consolidated Contract ServicesCustodial Contract1507 TURRING DRIVE, Indian Trail, NC 28079$580,721
Revenue and Support

Revenue Composition

Contributions and Grants
$4,928,417
Program Service Revenue
$39,761,285
Investment Income
$2,159,120
Other Revenue
$612,468
All Other Contributions
$4,928,417
Change in Net Assets
$2,488,383

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded56$902,100Avg High/low Price
Other Non Cash Contri Table2$438Cost
Other Non Cash Contri Table1$300Fair Market Value (FMV)
Total Noncash Contributions59$902,838-

Audited Revenue Reconciliation

Revenue per Audited Statements
$44,355,516
Revenue Not Reported on Financial Statements
$3,105,774
Revenue Not Reported on Form 990
$8,395,545
Other Revenue Adjustments
$2,826,613
Total Revenue per Audited Statements
$52,751,061
Total Revenue per Form 990
$47,461,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$31,107,700
Other Expenses$10,959,594
Grants and Similar Amounts Paid$2,826,613
Total Fundraising Expense$2,181,388
Professional Fundraising Fees$79,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,742,160$3,362,562$1,153,834$23,258,556
Depreciation Depletion$2,771,714$496,436$170,658$3,438,808
Other Employee Benefits$2,530,166$453,588$155,775$3,139,529
Grants to Domestic Individuals$2,826,613--$2,826,613
Payroll Taxes$1,506,856$269,890$92,779$1,869,525
Pension Plan Contributions$1,318,959$236,236$81,210$1,636,405
Occupancy$1,100,705$195,767$60,152$1,356,624
Current Officers, Directors, Trustees, and Key Employees$974,985$168,516$60,184$1,203,685
Fees for Services Other$867,801$186,430$53,432$1,107,663
Interest$625,864$112,097$38,535$776,496
All Other Expenses$377,279$149,898$61,618$588,795
Fees for Service Investment Mgmnt Fees-$279,161-$279,161
Office Expenses$227,466$33,353$11,466$272,285
Travel$213,509$5,756$4,162$223,427
Insurance$166,890$29,891$10,276$207,057
Advertising$77,366-$114,331$191,697
Fees for Services Accounting-$146,529-$146,529
Fees for Services Professional Fundraising--$79,000$79,000
Conferences and Meetings$55,600$9,959$3,423$68,982
Other Expenses$64,870$16,407$5,640$64,870
Total Functional Expenses$36,368,064$6,423,455$2,181,388$44,972,907

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$44,972,907
Expenses per Audited Statements$41,867,133
Total Expenses per Audited Statements$41,867,133
Expenses Not Reported on Financial Statements$3,105,774
Other Expense Adjustments$2,826,613
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$19,547

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesSummer Travel Program for Students00$10,127
Central AmericaProgram ServicesSummer Travel Program for Students00$9,420
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$79,000
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 Officers, Directors, Trustees, and Key Employees$240,000$180,000▼ $60,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$1,131,844
Deferred Compensation$469,679

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2017-10-31$29,700,000Refund prior bond and new capital improvements

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$29,700,000$9,763,108$2,415,697$458,651

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 draft will be reviewed by the finance committee. In order to protect the privacy of donors, the public disclosure copy is presented to the board prior to filing.

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

The board annually reviews and signs the conflict of interest policy at its first meeting of the school year. In the event there is a conflict during the year, that member will recuse himself/herself from any discussion or vote.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of trustees is charged with the head of school's annual review and, at contract time, with the crafting of the head of school's contract. The committee uses 990 data, executive compensation survey data and national association of independent schools (nais) data and index survey data to determine its compensation package for the head of schoool. The discussions are documented in the meeting minutes. Regarding other top management officials, the compensation is determined by the head of school. Comparable data from other local, similar sized schools, compensation surveys and data from nais is used to determine salaries.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and audited financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Charlotte Latin Schools
EIN
56-0944449
Phone
7048467299
Address
9502 PROVIDENCE ROAD, CHARLOTTE, NC 28277-8695

Signing Officer

Name
Fletcher Gregory
Title
CFO/associate Head of School
Phone
7048467299
Signed
2022-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fletcher Gregory
Formed
1970
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
525
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 900, CHARLOTTE, NC 28204
Preparer
Amanda Adams
Phone
7043771678
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Endowment funds are used for scholarships, general operating expenses, and property and equipment improvements and upkeep. The percentage reported for permanent endowments includes amounts that must be maintained in perpetuity as well as accumulated earnings on such amounts that have not yet been appropriated for expenditure.

PART X, LINE 2:

The school is exempt from federal and state income taxation under section 501(c)(3) of the internal revenue code. However, income unrelated to its exempt function, if any, is subject to income taxation. Management believes that the school continues to satisfy the requirements of a tax-exempt organization and is not subject to tax. No provision for income taxes has been reflected in the accompanying financial statements. The school follows financial accounting standards board guidance on accounting for uncertainty in income taxes. The school's policy is to record a liability for any tax position taken that is beneficial to the school, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance shown net of revenue on financials 2,826,613.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance shown net of revenue on financials 2,826,613.

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IRS990/ActivityOrMissionDesc0CHARLOTTE LATIN IS AN ACCREDITED, INDEPENDENT, CO-EDUCATIONAL, NON-SECTARIAN, COLLEGE-PREPARATORY DAY SCHOOL SERVING 1,422 STUDENTS IN TRANSITIONAL KINDERGARTEN THROUGH THE TWELFTH GRADE. LATIN DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, RELIGION, DISABILITY, AGE, OR NATIONAL ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAMS, ADMISSIONS POLICIES, FINANCIAL AID POLICIES, EMPLOYMENT PRACTICES, OR OTHER SCHOOL-ADMINISTERED PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2054178
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2147405
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2239450
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2342575
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2429166
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2538886
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2623009
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IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE D FRENO
IRS990/Form990PartVIISectionAGrp/PersonNm2R MITCHELL WICKHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3COURTNEY P HYDER
IRS990/Form990PartVIISectionAGrp/PersonNm4IRM BELLAVIA
IRS990/Form990PartVIISectionAGrp/PersonNm5PHIL COLACO
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN COMLY
IRS990/Form990PartVIISectionAGrp/PersonNm7MARY KATHERINE DUBOSE
IRS990/Form990PartVIISectionAGrp/PersonNm8ADAORA A ERUCHALU
IRS990/Form990PartVIISectionAGrp/PersonNm9DEBBIE S FRAIL
IRS990/Form990PartVIISectionAGrp/PersonNm10DON GATELY
IRS990/Form990PartVIISectionAGrp/PersonNm11ISRAEL K GORELICK
IRS990/Form990PartVIISectionAGrp/PersonNm12JOY M KENEFICK
IRS990/Form990PartVIISectionAGrp/PersonNm13KARIM LOKAS
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN T MCCOY
IRS990/Form990PartVIISectionAGrp/PersonNm15KRISTIN MIDDENDORF
IRS990/Form990PartVIISectionAGrp/PersonNm16A COY MONK IV
IRS990/Form990PartVIISectionAGrp/PersonNm17UMA O'BRIEN
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVE SHUFORD
IRS990/Form990PartVIISectionAGrp/PersonNm19MICHELLE THORNHILL
IRS990/Form990PartVIISectionAGrp/PersonNm20CHARLES D BALDECCHI
IRS990/Form990PartVIISectionAGrp/PersonNm21FLETCHER H GREGORY III
IRS990/Form990PartVIISectionAGrp/PersonNm22TODD BALLABAN
IRS990/Form990PartVIISectionAGrp/PersonNm23MARCUS TAYLOE
IRS990/Form990PartVIISectionAGrp/PersonNm24LAWRENCE WALL
IRS990/Form990PartVIISectionAGrp/PersonNm25FREDRIK AKERBLOM
IRS990/Form990PartVIISectionAGrp/PersonNm26SONJA TAYLOR
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASSOC. HEAD OF SCHOOL/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt22HEAD OF MIDDLE SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt23HEAD OF LOWER SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt24HEAD OF UPPER SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt26ASSOC. HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02029457
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt02826613
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02826613
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02826613
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06783329
IRS990/GrossReceiptsAmt052215162
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
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IRS990/IndoorTanningServicesInd00
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IRS990/InterestGrp/FundraisingAmt038535
IRS990/InterestGrp/ManagementAndGeneralAmt0112097
IRS990/InterestGrp/ProgramServicesAmt0625864
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IRS990/LoanOutstandingInd01
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHARLOTTE LATIN SCHOOL'S MISSION IS TO ENCOURAGE INDIVIDUAL DEVELOPMENT AND CIVILITY IN OUR STUDENTS BY INSPIRING THEM TO LEARN, BY ENCOURAGING THEM TO SERVE OTHERS, AND BY OFFERING THEM MANY GROWTH-PROMOTING OPPORTUNITIES. THROUGH A SHARED COMMITMENT TO EXCELLENCE AND CORE VALUES, THE SCHOOL PROVIDES A STRONG SENSE OF COMMUNITY, WHICH VALUES TEACHING AND CELEBRATES LEARNING. LATIN PROMOTES A BALANCED LEARNING ENVIRONMENT THAT IS TRADITIONAL IN DESIGN, BUT INNOVATIVE IN IMPLEMENTATION. INTELLECTUAL DEVELOPMENT IS ENCOURAGED BY TEACHING CRITICAL THINKING SKILLS AND PROVIDING RELEVANT LEARNING EXPERIENCES IN ALL AREAS OF STUDY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt084044163
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02029457
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02029457
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt049520001
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt056563227
IRS990/NoncashContributionsAmt0902838
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt060152
IRS990/OccupancyGrp/ManagementAndGeneralAmt0195767
IRS990/OccupancyGrp/ProgramServicesAmt01100705
IRS990/OccupancyGrp/TotalAmt01356624
IRS990/OfficeExpensesGrp/FundraisingAmt011466
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt033353
IRS990/OfficeExpensesGrp/ProgramServicesAmt0227466
IRS990/OfficeExpensesGrp/TotalAmt0272285
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0231338
IRS990/OtherAssetsTotalGrp/EOYAmt0241138
IRS990/OtherChangesInNetAssetsAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$147$53.9$93.4$57.2$51.2$5.97
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$137$52.9$83.8$54.2$48.1$6.10
2021Detailed filing. Detailed filing data is available for this year.$137$52.6$84.0$47.5$45.0$2.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$121$47.7$73.2$39.4$40.0$0.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$45.9$72.4$42.8$38.7$4.14
2018Summary only. Only limited summary data is available for this year.$99.3$32.4$66.9$39.3$36.2$3.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.4$27.6$62.8$39.4$34.2$5.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.0$26.9$55.1$34.8$32.9$1.88
2015Detailed filing. Detailed filing data is available for this year.$78.7$25.5$53.2$30.8$31.4$0.56
2014Detailed filing. Detailed filing data is available for this year.$79.2$25.5$53.7$33.9$30.4$3.44
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.8$25.5$50.2$29.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.8$26.6$47.2$28.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.3$29.0$46.3$27.0