Boys' Latin of Philadelphia Charter School
Every man is the architect of his own fortune.
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Boys' Latin of Philadelphia Charter School
EIN: 20-3597185
Mission
We prepare boys for success in college and beyond, using as our foundation a classical Latin education, the positive influence of brotherhood, and rich relationships. We are a community of motivated students, supportive families, and dedicated educators that values and cultivates critical thinking, personal responsibility, emotional intelligence, and character development.
Ruling year
2007
Chief Executive Officer
Dr. William Hayes
Main address
5501 Cedar Avenue
Philadelphia, PA 19143 USA
EIN
20-3597185
Middle school education
Secondary education
Charter school education
Special needs education
STEM education
Population served
Students
Young adults
Economically disadvantaged people
Teachers
Ethnic and racial groups
NTEE code
Secondary/High School (B25)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Affiliations
Programs and results
What we aim to solve
Boys' Latin of Philadelphia was founded in 2007 to address the extreme dearth of quality educational options for boys, particularly boys of color, in Philadelphia. The national college completion rate is 55%. In Philadelphia, only 29% of residents have a bachelor's degree, a rate that, at 10%, is even lower for African American males. Research indicates that high school quality, more specifically daily attendance or time spent at school, has a statistically significant relationship with both college enrollment and college completion. In Philadelphia, 86% of residents with a bachelor's degree or higher were employed (compared to 62% of high school graduates) and when employed they had 88% higher mean annual earnings compared to high school graduates. In addition to having more earning power, college graduates are also more likely to live healthier, happier lives.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Boys' Latin of Philadelphia (General Operating Support)
We prepare boys for success in college and beyond. Founded in 2007 to address the dearth of quality educational opportunities for boys in Philadelphia, today we provide a world-class college preparatory education to 800 students in grades 6 through 12, the vast majority of whom are Black and Economically Disadvantaged. Our rigorous academic model blends classical education and contemporary pedagogy; sets high standards for achievement, character development, and emotional intelligence; and features daily Latin classes, a 1:1 laptop program, and AP, Honors, and dual enrollment courses. Our students attend an extended day, after-school tutoring, and Saturday classes. Learning is underscored by practical experiences and extracurricular activities to develop students’ intellectual, moral, social, creative, and athletic potential. Since the first class graduated in 2011, our students have matriculated into and persisted through college at rates 3- to 4-times city averages.
Where we work
Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of first-entry undergraduate program students who identify themselves as 'visible minorities'or 'non-white'
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Boys' Latin of Philadelphia sends more Black males to college each year than any other school in Pennsylvania. On average, 76% of our senior class matriculates to college post-graduation.
Number of full-time equivalent students per full-time faculty member
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Input - describing resources we use
Direction of Success
Holding steady
Context Notes
Each and every day Boys' Latin students grow within a safe, supportive, and intimate learning environment with dedicated teachers who challenge them to meet their full potential.
Rate of student attendance during the reporting period
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Attendance is critical to student success. Boys' Latin of Philadelphia seeks to maintain an Average Daily Attendance rate of 95%.
Number of students with good social and leadership skills and self-discipline
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Boys' Latin of Philadelphia prepares boys for success in college and beyond. We are community that values and cultivates emotional intelligence, personal responsibility, and character development.
Number of high school seniors who graduate from high school on time
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Boys' Latin of Philadelphia prepares boys for success in college and beyond. On average, 95% of our senior class each year graduates from high school on time.
Number of children who have access to education
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Each year, we seek to provide a world-class college preparatory education to 800 boys in grades 6-12 who have been historically underserved in traditional schools, as measured by October 1 enrollment.
Percent of high school graduates who are persisting in college
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Young adults, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Boys' Latin of Philadelphia propels students to and through college. College acceptance is not enough. We measure our success by students' outcomes: college matriculation, persistence, and completion.
Percent of high school seniors who are matriculating to college
This metric is no longer tracked.Totals By Year
Population(s) Served
Men and boys, Children and youth, Ethnic and racial groups
Related Program
Boys' Latin of Philadelphia (General Operating Support)
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Boys' Latin of Philadelphia propels students to and through college. College acceptance is not enough. We measure our success by students' outcomes: college matriculation, persistence, and completion.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Boys' Latin of Philadelphia has a singular mission: preparing boys for success in college and beyond. The school is dedicated to the development of confident and independent learners who will be actively engaged as global citizens in our interdependent world.
What are the organization's key strategies for making this happen?
Each year, Boys' Latin of Philadelphia provides a world-class college preparatory education to 800 students in grades six through 12. With a 12:1 student/teacher ratio, the school offers an intimate learning environment in which each young man is encouraged to be the "architect of his own fortune". Our academic program blends classical education and contemporary pedagogy. Learning is underscored by practical experiences and extracurricular activities. Our "Best of Philly" after school program offers more than 40 options to develop students' intellectual, moral, social, creative, and athletic potential. We firmly believe that there is a "learning time gap" driving the educational achievement gap. to address this inequity, we operate on an extended day schedule and offer Saturday School and Summer Academy. As a result, our students receive 60% more hours of instruction than their peers across the city.
What are the organization's capabilities for doing this?
Since 2007, Boys' Latin of Philadelphia has built an effective model for educating boys of color, a demographic that suffer the worst educational and quality of life outcomes in the nation. Strong student-teacher relationships are the foundation of Boys' Latin. We intentionally employ a diverse staff who are committed to working with boys. Our College Advising team exposes students to a variety of colleges and universities to identify schools that fit their needs and interests, while providing the individualized supports needed to achieve long-term success. The entire school community - students, families, teachers, staff, administrators, donors - is fiercely committed to learning with and supporting one another.
What have they accomplished so far and what's next?
Boys' Latin of Philadelphia sends more Black males to college than any other school in Pennsylvania. Our students matriculate into, persist through, and graduate from college at rates that far surpass city and national averages. More specifically, our students have achieved:
- A four-year graduation rate of 95% (Philadelphia average is 45%)
- A college enrollment rate of 76% (Philadelphia average is 27%)
- A college persistence rate of 76% (Philadelphia average is 17%)
- College acceptances to and diplomas from top colleges and universities including the University of Pennsylvania, Skidmore College, University of Virginia, Pomona College, Rutgers University, and Bates College
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
-
How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We act on the feedback we receive, We share the feedback we received with the people we serve
-
What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback, Staff find it hard to prioritize feedback collection and review due to lack of time
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
0.65
Months of cash in 2023 info
7.6
Fringe rate in 2023 info
30%
Funding sources info
Assets & liabilities info
Financial data
Boys' Latin of Philadelphia Charter School
Revenue & expensesFiscal Year: Jul 01 - Jun 30
Boys' Latin of Philadelphia Charter School
Balance sheetFiscal Year: Jul 01 - Jun 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
This snapshot of Boys' Latin of Philadelphia Charter School’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $1,991,000 | $2,427,428 | $4,176,585 | $6,141,798 | $5,315,599 |
| As % of expenses | 18.5% | 21.8% | 38.4% | 53.9% | 46.2% |
| Unrestricted surplus (deficit) after depreciation | $1,360,463 | $1,810,640 | $3,602,549 | $5,476,282 | $4,490,670 |
| As % of expenses | 11.9% | 15.4% | 31.4% | 45.4% | 36.4% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $12,767,029 | $13,586,349 | $15,051,387 | $17,506,319 | $16,817,216 |
| Total revenue, % change over prior year | 10.0% | 6.4% | 10.8% | 16.3% | -3.9% |
| Program services revenue | 80.4% | 81.8% | 80.8% | 68.1% | 69.9% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 0.1% | 0.1% | 0.0% | 0.0% | 0.4% |
| Government grants | 11.7% | 10.6% | 11.9% | 26.1% | 26.7% |
| All other grants and contributions | 7.8% | 7.6% | 7.3% | 5.7% | 3.0% |
| Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $10,776,029 | $11,153,921 | $10,882,843 | $11,401,568 | $11,501,617 |
| Total expenses, % change over prior year | -7.3% | 3.5% | -2.4% | 4.8% | 0.9% |
| Personnel | 62.7% | 57.4% | 57.4% | 54.3% | 63.3% |
| Professional fees | 17.5% | 19.6% | 11.1% | 9.4% | 13.4% |
| Occupancy | 4.4% | 4.9% | 5.4% | 7.1% | 2.4% |
| Interest | 1.9% | 1.8% | 1.8% | 1.6% | 1.5% |
| Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other expenses | 13.5% | 16.2% | 24.4% | 27.5% | 19.4% |
| Full cost components (estimated) info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $11,406,566 | $11,770,709 | $11,456,879 | $12,067,084 | $12,326,546 |
| One month of savings | $898,002 | $929,493 | $906,904 | $950,131 | $958,468 |
| Debt principal payment | $2,517,923 | $0 | $200,397 | $209,560 | $242,003 |
| Fixed asset additions | $817,670 | $0 | $0 | $1,459,987 | $2,803,936 |
| Total full costs (estimated) | $15,640,161 | $12,700,202 | $12,564,180 | $14,686,762 | $16,330,953 |
Capital structure indicators
| Liquidity info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Months of cash | 2.0 | 2.7 | 5.1 | 6.3 | 7.6 |
| Months of cash and investments | 2.0 | 2.7 | 5.1 | 6.3 | 7.6 |
| Months of estimated liquid unrestricted net assets | -12.4 | -7.7 | -3.9 | 1.1 | 3.4 |
| Balance sheet composition info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Cash | $1,809,326 | $2,547,622 | $4,591,585 | $5,939,355 | $7,246,209 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $1,857,568 | $1,680,164 | $1,983,686 | $2,668,899 | $2,403,764 |
| Gross land, buildings, equipment (LBE) | $12,238,151 | $12,603,349 | $13,104,914 | $14,540,358 | $17,213,736 |
| Accumulated depreciation (as a % of LBE) | 47.5% | 51.0% | 53.5% | 52.6% | 48.5% |
| Liabilities (as a % of assets) | 180.9% | 163.3% | 125.8% | 88.2% | 67.0% |
| Unrestricted net assets | -$8,958,738 | -$7,148,098 | -$3,545,549 | $1,930,733 | $6,421,403 |
| Temporarily restricted net assets | $39,697 | N/A | N/A | N/A | N/A |
| Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
| Total restricted net assets | $39,697 | $44,697 | $37,047 | $0 | $0 |
| Total net assets | -$8,919,041 | -$7,103,401 | -$3,508,502 | $1,930,733 | $6,421,403 |
Key data checks
| Key data checks info | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Chief Executive Officer
Dr. William Hayes
Number of employees
Source: IRS Form 990
Boys' Latin of Philadelphia Charter School
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
Boys' Latin of Philadelphia Charter School
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Boys' Latin of Philadelphia Charter School
Board of directorsas of 08/07/2024
Board of directors data
IV A. Wesley Wyatt
dfYOUNG
Term: 2024 - 2027
A. Wesley Wyatt IV
dfYOUNG
Patrick South, CFA
SRS Capital Advisors
Paul Yakulis
Charles Barrett Adams, Esq.
Lion's Story
Michael A. Bowman, Esq.
Rittenhouse Strategies and Impact Law & Strategy
Kevin R. Johnson, Ed.D.
Dare to Imagine Church, Inc.
Nancy Robinson-Garvin, Ph.D.
Perelman Center for Cellular and Molecular Therapeutics, CHOP
Floyd R. Simpson III, CFA, CAIA, CFP
PFM Asset Management LLC
Elaine Wells
Department of Veterans Affairs, Philadelphia Insurance Service
Nathaniel Morris
North Highland
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 10/17/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
Contractors
Fiscal year endingProfessional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G
Solicitation activities
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- Letter of Determination
- Officer and/or Employee data for 2023, 2022, 2021, 2020, 2019
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