2025-05-13T12:40:53-05:00 2024-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD SUITE 100 WILMINGTON DE 19809 990 2023-07-01 203597185 BOYS LATIN OF PHILADELPHIA CHARTER SCHOO BOYS 2153875149 5501 CEDAR AVENUE PHILADELPHIA PA 19143 COLLEEN SMITH CHIEF OPERATING OFFICER 2154703408 2025-05-13 1 1 JOSEPH V MANFRE CPA P01982332 3024798940 2025-05-13 2023 2025-03-06 01:10:19Z COLLEEN SMITH 5501 CEDAR AVENUE PHILADELPHIA PA 19143 19977034 0 X WWW.BOYSLATIN.ORG X 2005 PA WE PREPARE BOYS FOR SUCCESS IN COLLEGE AND BEYOND USING AS OUR FOUNDATION ACLASSICAL LATIN EDUCATION, THE POSITIVE INFLUENCE OF BROTHERHOOD AND RICHRELATIONSHIPS. WE ARE A COMMUNITY THAT VALUES AND CULTIVATES CRITICAL THINKING,PERSONAL RESPONSIBILITY, EMOTIONAL INTELLIGENCE AND CHARACTER DEVELOPMENT. 13 13 105 13 0 0 4998880 5805919 11747591 13953555 70745 217560 0 0 16817216 19977034 0 0 0 0 7283143 8444793 0 0 0 5043403 6602345 12326546 15047138 4490670 4929896 19434514 23353118 13013111 12001819 6421403 11351299 NONE 0 0 12012752 13953555 BOYS LATIN OF PHILADELPHIA IS A COLLABORATIVE COMMUNITY OF MOTIVATED STUDENTS, SUPPORTIVE FAMILIES AND DEDICATED EDUCATORS. THE SCHOOL SERVES AS A NATIONAL COLLEGE PREPARATORY MODEL FOR EDUCATING BOYS BY NURTURING PERSONAL RESPONSIBILITY, EMOTIONAL INTELLIGENCE AND CHARACTER DEVELOPMENT. WE EMPOWER STUDENTS TO UNDERSTAND THEIR VOICE AND INCREASE THEIR FORTITUDE, SHAPING SCHOLARS WHO ARE SUCCESSFUL IN COLLEGE AND BEYOND. THE SCHOOL TEACHES LATIN, HAS A CREW TEAM AND OFFERS OPPORTUNITIES TO BOYS GRADES 6-12. 12012752 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 70 0 1 105 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X VERTEX EDUCATION 2154819777 222 N KESWICK AVENUE GLENSIDE PA 19038 CHARLES BARRETT ADAMS TRUSTEE 1.00 X 0 0 0 MICHAEL BOWMAN TRUSTEE 1.00 X 0 0 0 DR KEVIN JOHNSON TRUSTEE 1.00 X 0 0 0 NATHANIEL MORRIS APPOINTED 6524 TRUSTEE 1.00 X 0 0 0 DR NANCY ROBINSON-GARVIN TRUSTEE 1.00 X 0 0 0 FLOYD SIMPSON TREASURER 1.00 X 0 0 0 ELAINE WELLS TRUSTEE 1.00 X 0 0 0 WESLEY WYATT CHAIRMAN 1.00 X 0 0 0 PAUL YAKULIS TRUSTEE 1.00 X 0 0 0 PATRICK SOUTH SECRETARY 1.00 X 0 0 0 ISAAC EWELL RESIGNED 32024 TRUSTEE 1.00 X 0 0 0 AMIR TUCKER RESIGNED 121523 TRUSTEE 1.00 X 0 0 0 ALBERT OEHRLE TRUSTEE 1.00 X 0 0 0 COLLEEN SMITH COO 40.00 10.00 X 0 133436 16622 WILLIAM HAYES CEO 40.00 10.00 X 182937 0 16024 RUTH GONZALEZ CAO 40.00 10.00 X 131830 0 62731 ROBERT PARKER MIDDLE SCHOOL PRINCIPAL 40.00 X 124280 0 60222 EROS UTHMAN-OLUKOKUN HIGH SCHOOL PRINCIPAL 40.00 X 130937 0 24629 569984 133436 180228 4 0 1 0 ANCHOR MANAGEMENT GROUP LLC 1000 CONSHOHOCKEN ROAD SUIT 201 CONSHOHOCKEN PA 19428 BUILDING REPAIRS 3841288 LINTONS FOOD SERVICE MANAGEMENT 1800 MOTOR PARKWAY ISLANDIA NY 11749 FOOD SERVICE MANAGEMENT 638802 BOYS LATIN FOUNDATION 339 N 63RD STREET PHILADELPHIA PA 19139 SHARED SERVICES 559400 LYNC TRANSPORTATION SERVICES 2913 LARKSPUR LANE SECANE PA 19018 TRANSPORTATION 355136 PRO CARE THERAPY PO BOX 934411 ATLANTA GA 31193 PHYSICAL THERAPY 268537 5 5353868 452051 5805919 TUITION 900099 13892835 13892835 OTHER 900099 60720 60720 13953555 217560 217560 19977034 13953555 0 217560 X 802878 401439 401439 6121985 5504719 617266 116637 137240 -20603 852227 755339 96888 551066 473917 77149 106275 90223 16052 192296 192296 2503412 2125296 378116 68578 68578 690778 690778 56261 56261 373569 373569 58614 58614 159680 159680 770356 770356 156917 156917 FOOD SERVICE 565824 565824 TRANSPORTATION 496123 496123 MISCELLANIOUS 403662 318707 84955 15047138 12012752 3034386 0 4714876 5050245 2531333 2665803 1148852 676878 1254912 1201041 56835 65408 21854064 9018988 8872296 12835076 228143 265144 627267 593523 19434514 23353118 1304581 1174370 105935 0 5728717 5519673 5873878 5307776 13013111 12001819 X 6421403 11351299 6421403 11351299 19434514 23353118 4929896 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1335737 1335737 9288137 9018988 269149 3802483 3802483 7427707 7427707 12835076 DEFERRED INFLOWS OF RESOURCES 916971 LEASE LIABILITIES 187111 NET OPEB LIABILITIES 163000 NET PENSION LIABILITIES 3959000 SUBSCRIPTION LIABILITY 81694 5307776 PART X - FASB ASC 740 FOOTNOTE THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. THE SCHOOL ADOPTED THE PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE SCHOOL FILES A RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX ANNUALLY. THE SCHOOL'S RETURNS FOR 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL INCLUDES THE NONDISRIMATORY POLICIES IN ITS HANDBOOK WHICH IS PROVIDED ANNUALLY TO ALL FAMILIES, AND PUBLISHED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 SEE PART II X X 0 0 0 0 0 0 0 0 0 WILLIAM HAYES CEO 181687 0 1250 0 0 0 0 0 16024 0 198961 0 0 0 RUTH GONZALEZ CAO 125580 0 6250 0 0 0 0 0 62731 0 194561 0 0 0 ROBERT PARKER MIDDLE SCHOOL PRINCIPAL 118030 0 6250 0 0 0 0 0 60222 0 184502 0 0 0 EROS UTHMAN-OLUKOKUN HIGH SCHOOL PRINCIPAL 124687 0 6250 0 0 0 0 0 24629 0 155566 0 0 0 COLLEEN SMITH COO 0 126586 0 6250 0 600 0 0 0 16622 0 150058 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE SCHOOL ENTERED INTO A SHARDED SERVICES AGREEMENT WITH THE BOYS LATIN FOUNDATION ("FOUNDATION"). UNDER THE AGREEMENT, THE FOUNDATION PROVIDES EDUCATION SERVICES (INCLUDING TEACHER COACHING AND SUPPORT, CURRICULUM AND DATA) AND ADMINISTRATIVE SERVICES (INCLUDING FACILITY OEPRATION AND MAINTENANCE, TECHNOLOGY, BUSINESS) FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND WILL BE REVIEWED BY CEO AND THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATED IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND PRESIDENT OF THE BOARD OF TRUSTEES. COMPARATILITY DATA IS GATHERED AND ASSESSED, BOTH FROM SCHOOL DISTRICT OF PHILADELPHIA ROLES AS WELL AS CHARTER PEERS FOR DETERMINING COMPENSATION. THE DECISION IS RECORDED VIA OFFER LETTER/CONTRACTUAL DOCUMENTATION. THE COMPARABLE ANALYSIS IS AVAILABLE FOR FURTHER SUBSTANTIATION. FORM 990, PART VI, SECTION C, LINE 19 SEE SCHEDULE O FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 2,125,296. MANAGEMENT AND GENERAL EXPENSES 378,116. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,503,412. FORM 990, PART XII, LINE 2C: THE SCHOOLS BOARD AND EXECUTIVE DIRECTOR AND RESPONSIBLE FOR OVERSIGHT AND ASSUME RESONIBILITY FOR THE AUDIT CHOICE HOLDINGS 5501 CEDAR AVE PHILADELPHIA PA 19143 PA BOYS LATIN OF PHILADELPHIA CS BOYS LATIN FOUNDATION 339 N 63RD STREET PHILADELPHIA PA 19139 300395239 TO SUPPORT BOYS LATIN OF PHILA CHARTER PA 501(C)(3) LINE 12A, I BOYS LATIN OF PHILADELPHIA CHARTER SCHOOL 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 BOYS LATIN FOUNDATION K 99304 LEASE BOYS LATIN FOUNDATION M 602571 ACTUAL COST