Overview
What is Boys Latin Foundation?
Boys Latin Foundation is a nonprofit organization based in Philadelphia, Pennsylvania, specifically at 339 N 63RD STREET. Its primary mission is to support the educational efforts of Boys Latin of Philadelphia Charter School. This support comes in various forms, including providing direct financial assistance and maintaining the school's facility. The foundation also has a shared services agreement with the school, offering educational and administrative support services, allowing the school to focus on its programmatic endeavors. Additionally, Boys Latin Foundation has supported the school with funding for deferred maintenance and facility enhancements. With a team of seven dedicated individuals, the foundation is committed to enhancing the educational experience and facilities for the students of Boys Latin of Philadelphia Charter School.
Is Boys Latin Foundation legitimate?
Boys Latin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys Latin Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $247,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,367
For more financial information, click here
What is the mission statement of Boys Latin Foundation?
The Boys Latin Foundation's mission is centered around supporting the efforts of the Boys Latin of Philadelphia Charter School. This support is multifaceted, encompassing both financial assistance and administrative services. The foundation owns and maintains the facility where the school operates and provides additional educational support services, allowing the school to focus on its core programs. Furthermore, the foundation has aided the school in funding deferred maintenance and facility enhancements. Essentially, the Boys Latin Foundation aims to contribute to the school's success by providing essential support in various capacities.
Who is the CEO of Boys Latin Foundation?
Colleen Smith is the Director Of Adm of Boys Latin Foundation.
What is the revenue of Boys Latin Foundation?
Boys Latin Foundation's revenue in 2022 was $1,494,627.
Who are the executives of Boys Latin Foundation and what are their salaries?
The average compensation at Boys Latin Foundation during 2022 was $89,347. There are 7 employees at Boys Latin Foundation.
Here are 8 key members and their salaries:
- Compensation: $126,146
- Related: $0
- Other: $16,205
- Compensation: $119,325
- Related: $0
- Other: $5,724
- Compensation: $84,390
- Related: $0
- Other: $15,954
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Boys Latin Foundation?
Boys Latin Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boys Latin Foundation
Boys Latin Foundation, a supporting entity, is dedicated to aiding the educational, administrative, and community services of Boys Latin of Philadelphia Charter School. The mission of this foundation is to enhance the school's operations by offering financial support, maintaining the facility where the school operates, and providing additional educational and administrative assistance services. Through a shared services agreement, the foundation offers support services to the school, allowing the institution to focus on its core programming efforts. Furthermore, Boys Latin Foundation has assisted the school in funding deferred maintenance and facility enhancements, demonstrating its commitment to the school's overall growth and success.
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Impact
October, 2024
The Boys Latin Foundation significantly enhances the educational experience at Boys Latin of Philadelphia Charter School by providing vital financial support and maintaining the school’s facilities. Through its shared services agreement, the Foundation delivers educational and administrative support, which allows the school to concentrate on its academic programs and community initiatives. Additionally, the Foundation invests in deferred maintenance and facility enhancements, ensuring a safe and conducive learning environment for students. This support not only bolsters the school's operational efficiency but also fosters a robust educational ecosystem, contributing to the overall development and success of its students in Philadelphia.
This information is meant to be a general summary of Boys Latin Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $353
- Program Service Revenue: $820,186
- Gross Receipts: $1,494,627
Assets and Liabilities:
- Total Assets: $4,941,523
- Total Liabilities: $2,119,153
- Net Assets: $2,822,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER
Revenue
$575
RENTAL INCOME
Revenue
$96,597
SHARED SERVICES FEE
Revenue
$723,014
Organization Details
Founding Year
2007
Phone
(215) 387-5149Principal Officer
Colleen Smith
Main Address
339 N 63RD STREET, PHILADELPHIA, PA, 19139
NTEE Category
Code: B122 - Education
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