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FOUNDATION FOR THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN (EIN 26-2221540)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-15
IRS object ID
202401369349304480
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-15T09:42:13-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN202153727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SB & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110200 GRAND CENTRAL AVE SUITE 250AddressLine1Txt
CityOWINGS MILLSCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21117ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN262221540EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR THE BALTIMORE LEADERSHIPBusinessNameLine1Txt
Business Name Line2SCHOOL FOR YOUNG WOMENBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone4436422048PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 W FRANKLIN STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21201ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHEVONNE HALLPersonNm
Person TitleCEOPersonTitleTxt
Phone4436422048PhoneNum
Signature2024-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHEVONNEPersonFirstNm
Person LastHALLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAMELA GRAYPreparerPersonNm
PTINP01237506PTIN
Phone4105842218PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHEVONNE HALLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 W FRANKLIN STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21201ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,578,457GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BLSYW.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionTO ENCOURAGE BALTIMORE'S PHILANTHROPIC, EDUCATIONAL, CIVIC AND BUSINESS LEADERS TO INVEST IN AND SUPPORT THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN (BLSYW).ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,524,891PYContributionsGrantsAmt
CY Contributions Grants$4,561,817CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$662PYInvestmentIncomeAmt
CY Investment Income$16,640CYInvestmentIncomeAmt
PY Other Revenue-$65,118PYOtherRevenueAmt
CY Other Revenue-$130,995CYOtherRevenueAmt
PY Total Revenue$5,460,435PYTotalRevenueAmt
CY Total Revenue$4,447,462CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,075,239PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,463,996CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$153,172CYTotalFundraisingExpenseAmt
PY Other Expenses$1,530,918PYOtherExpensesAmt
CY Other Expenses$1,850,230CYOtherExpensesAmt
PY Total Expenses$2,606,157PYTotalExpensesAmt
CY Total Expenses$3,314,226CYTotalExpensesAmt
PY Revenues Less Expenses$2,854,278PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,133,236CYRevenuesLessExpensesAmt
Total Assets BOY$4,903,526TotalAssetsBOYAmt
Total Assets EOY$7,282,724TotalAssetsEOYAmt
Total Liabilities BOY$219,169TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,530,231TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,684,357NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,752,493NetAssetsOrFundBalancesEOYAmt
MissionTO ENCOURAGE BALTIMORE'S PHILANTHROPIC, EDUCATIONAL, CIVIC AND BUSINESS LEADERS TO INVEST IN AND SUPPORT THE BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN (BLSYW).MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,999,616ExpenseAmt
DescBLSYW IS A COLLEGE PREPARATORY SCHOOL WITH A FOCUS ON THE DEVELOPMENT OF TWENTY-FIRST-CENTURY SKILLS. BLSYW FOCUSES ON DEVELOPING STUDENT CAPACITY FOR LEADERSHIP THROUGH AN EMPHASIS ON SCIENCE, TECHNOLOGY, ENGINEERING, THE ARTS AND, MATHEMATICS WHILE PROVIDING SKILLS TO MEET THE SOCIAL AND EMOTIONAL NEEDS OF THE WHOLE GIRL.Desc
Total Program Service Expenses$2,999,616TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document62IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4436422048PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 W FRANKLIN STREETAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21201ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MS CHEVONNE HALL-SMITH
CHIEF EXECUTIVE OFFICER40.00Yes (X)Yes (X)$165,872$0$0
MS CARLA HOPKINS
BOARD CHAIR8.00Yes (X)Yes (X)$0$0$0
MS BRENDA REVER
FOUNDER9.00Yes (X)Yes (X)$0$0$0
MR ROBERT BRENNEN
SECRETARY4.00Yes (X)Yes (X)$0$0$0
MR WILLIAM BILL HODGETTS
TREASURER4.00Yes (X)Yes (X)$0$0$0
MS MARIA TILDON
VICE CHAIR4.00Yes (X)Yes (X)$0$0$0
MS LINDA CAMERON
DIRECTOR4.00Yes (X)$0$0$0
MS LOUISE GOODMAN
DIRECTOR4.00Yes (X)$0$0$0
DR SHARON HENRY MD
DIRECTOR4.00Yes (X)$0$0$0
MR COREY HESSEN
DIRECTOR4.00Yes (X)$0$0$0
MS LINDA JONES
DIRECTOR4.00Yes (X)$0$0$0
MR C GODFREY JACOBS
DIRECTOR4.00Yes (X)$0$0$0
MR MARK JOSEPH
DIRECTOR2.00Yes (X)$0$0$0
MS JULIE KERNAN
DIRECTOR4.00Yes (X)$0$0$0
MS MEERA RANDAVIVE
DIRECTOR4.00Yes (X)$0$0$0
MS ELISSA KOHEL
DIRECTOR4.00Yes (X)$0$0$0
MR SPENCER LEVY
DIRECTOR4.00Yes (X)$0$0$0
MS PATRICIA NEUMAN
DIRECTOR4.00Yes (X)$0$0$0
MR PHIL REVER
DIRECTOR4.00Yes (X)$0$0$0
DR JENNIFER RICE PHD
DIRECTOR4.00Yes (X)$0$0$0
MS ROBYN MURPHY
DIRECTOR4.00Yes (X)$0$0$0
MS ALISSA JOSEPH
DIRECTOR4.00Yes (X)$0$0$0
MS CAROL SILBERSTEIN
DIRECTOR4.00Yes (X)$0$0$0
MS ANN TEAFF
DIRECTOR4.00Yes (X)$0$0$0
MR CRAIG THOMPSON
DIRECTOR4.00Yes (X)$0$0$0
MS MARIA HARRIS TILDON
DIRECTOR4.00Yes (X)$0$0$0
MS ANN TISCH
DIRECTOR4.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$165,872TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$707,396FundraisingAmt
Government Grants$2,921,107GovernmentGrantsAmt
All Other Contributions$933,314AllOtherContributionsAmt
Total Contributions$4,561,817TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,640TotalRevenueColumnAmt
Exclusion$16,640ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$707,396ContriRptFundraisingEventAmt
Fundraising Direct Expenses$130,995FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$130,995TotalRevenueColumnAmt
Exclusion-$130,995ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,447,462TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$114,355ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$147,885TotalAmt
Program Services$141,995ProgramServicesAmt
Management And General$2,237ManagementAndGeneralAmt
Fundraising$3,653FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,043,828TotalAmt
Program Services$827,270ProgramServicesAmt
Management And General$82,247ManagementAndGeneralAmt
Fundraising$134,311FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$272,283TotalAmt
Program Services$261,439ProgramServicesAmt
Management And General$4,118ManagementAndGeneralAmt
Fundraising$6,726FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$593,883TotalAmt
Program Services$570,231ProgramServicesAmt
Management And General$23,652ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$137,989TotalAmt
Program Services$132,495ProgramServicesAmt
Management And General$5,492ManagementAndGeneralAmt
Fundraising$2FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$538,799TotalAmt
Program Services$517,340ProgramServicesAmt
Management And General$21,459ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$119,650TotalAmt
Program Services$114,885ProgramServicesAmt
Management And General$4,765ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$204,129TotalAmt
Program Services$196,000ProgramServicesAmt
Management And General$3,089ManagementAndGeneralAmt
Fundraising$5,040FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$97,522TotalAmt
Program Services$93,638ProgramServicesAmt
Management And General$3,884ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
RENTAL AND MAINTENANCE$139,345$133,796$2,109$3,440
STUDENT ACTIVITY$10,527$10,527
BAD DEBT EXPENSE$8,386$8,386

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,314,226TotalAmt
Program Services$2,999,616ProgramServicesAmt
Management And General$161,438ManagementAndGeneralAmt
Fundraising$153,172FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,520,435BOYAmt
EOY$2,308,867EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$581,370EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,929,922BOYAmt
EOY$2,560,370EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$15,370EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$41,272BOYAmt
EOY$98,473EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,042,498LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$629,839LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$356,987BOYAmt
EOY$412,659EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$54,910BOYAmt
EOY$1,305,615EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,903,526BOYAmt
EOY$7,282,724EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$120,069BOYAmt
EOY$102,224EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$99,100BOYAmt
EOY$71,936EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,356,071EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$219,169BOYAmt
EOY$1,530,231EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,101,013BOYAmt
EOY$2,985,808EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,583,344BOYAmt
EOY$2,766,685EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,684,357BOYAmt
EOY$5,752,493EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,903,526BOYAmt
EOY$7,282,724EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,133,236ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$65,100PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,229OtherCostOrOtherBasisAmt
Depreciation$1,304DepreciationAmt
Book Value$51,925BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$989,269OtherCostOrOtherBasisAmt
Depreciation$628,535DepreciationAmt
Book Value$360,734BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$412,659TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE - OPERATINGDesc
Book Value$1,305,615BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,305,615TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITY - OPERATINGDesc
Amt$1,356,071Amt
FieldValueIRS element (for citing)
Total Liability$1,356,071TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,841,151TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$4,393,689DonatedServicesAndUseFcltsAmt
Revenue Not Reported$4,393,689RevenueNotReportedAmt
Revenue Subtotal$4,447,462RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,447,462TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,707,915TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$4,393,689DonatedServicesUseFcltsAmt
Expenses Not Reported$4,393,689ExpensesNotReportedAmt
Expenses Subtotal$3,314,226ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,314,226TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationBLSYW IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES, OTHER THAN NET UNRELATED BUSINESS INCOME TAXES, UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (IRC) AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BLSYW PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATE AND LOCAL JURISDICTIONS IN WHICH BLSYW FILES TAX RETURNS. IT IS BLSYW'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc0PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs0MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3FOUNDATION FOR BLSYW OPERATES A PUBLIC CHARTER SCHOOL. THE NON-DISCRIMINATORY POLICY IS DETAILED IN OUR CHARTER CONTRACT WITH BALTIMORE CITY PUBLIC SCHOOLS. WE PUBLICIZE THIS LANGUAGE ON OUR WEBSITE IN OUR BROCHURES AND IN OUR SPEECHES TO PARENTS AND STUDENTS. ALL OF THIS INFORMATION IS SHARED WITH THE PUBLIC AND OUR CHARTER SCHOOL CONTRACT IS PUBLIC INFORMATION.
SCHEDULE E, PART I, LINE 4BLSYW AWARDS SCHOLARSHIP AND BOOK AWARDS TO SOME GRADUATING SENIORS EACH YEAR BASED ON ACADEMIC ACHIEVEMENT AND COMMUNITY SERVICE.
SCHEDULE E, PART I, LINE 6AS A PUBLIC CHARTER SCHOOL, BLSYW RECEIVES THE MAJORITY OF ITS FUNDING FROM THE BALTIMORE CITY PUBLIC SCHOOL SYSTEM.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1EMPOWERMENT BREAKFASTEvent1Nm
Gross Receipts Event1$707,396GrossReceiptsEvent1Amt
Charitable Contri Event1$707,396CharitableContriEvent1Amt
Food And Beverage Event1$130,995FoodAndBeverageEvent1Amt
Gross Receipts Total$707,396GrossReceiptsTotalAmt
Charitable Contributions Tot$707,396CharitableContributionsTotAmt
Food And Beverage Total Events$130,995FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$130,995DirectExpenseSummaryEventsAmt
Net Income Summary-$130,995NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMS CHEVONNE HALL-SMITHPersonNm
TitleCHIEF EXECUTIVE OFFICERTitleTxt
Base Compensation Filing Org$147,885BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$17,987OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$165,872TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2SEVEN BOARD MEMBERS HAVE FAMILY RELATIONSHIPS. PHIL REVER IS BOARD MEMBER AND HUSBAND OF BRENDA BROWN REVER, BLSYW'S FOUNDER. GODFREY JACOBS IS THE FATHER OF CRISTINA JACOBS-EASTON (FORMER PRINCIPAL). ALISON RICHMAN IS THE SISTER IN LAW TO FELLOW BOARD MEMBER GERALD RICHMAN (GERALD RICHMAN IS DECEASED) AND AUNT TO ELISSA KOHEL. ELISSA KOHEL IS THE DAUGTHER OF GERALD RICHMAN (DECEASED) AND NIECE OF ALISON RICHMAN.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE REVIEWS A DRAFT OF THE FORM 990 IN DETAIL AND PROVIDES ANY COMMENTS OR CHANGES TO THE TAX PREPARERS. ONCE THE CHANGES ARE MADE TO THE FORM 990, A FINAL VERSION OF THE TAX RETURN IS EMAILED TO ALL BOARD MEMBERS PRIOR TO BEING FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES AND BOARD MEMBERS. ALL BOARD MEMBERS HAVE SIGNED AND RETURNED THE POLICY WHICH THE FOUNDATION MAINTAINS IN THEIR FILES. IN ADDITION, MANAGEMENT INQUIRES OF CURRENT BOARD MEMBERS THE STATUS OF THEIR INDEPENDENCE AND ADVISES THEM TO DISCLOSE ANY CONFLICTS OF INTEREST AT THE QUARTERLY BOARD MEETING. THE EXECUTIVE COMMITTEE OF THE BOARD AND THE EXECUTIVE DIRECTOR REVIEW ALL CONLFICTS OF INTEREST THAT ARE DISCLOSED TO THE BOARD. THE EXECUTIVE COMMITTEE DETERMINES WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IF THE EXECUTIVE COMMITTEE DETERMINES THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST THAT MEMBER WOULD BE ASKED TO ABSTAIN FROM A VOTE WHERE THE CONFLICT WAS AN ISSUE OR, IF NECESSARY, ASKED TO STEP DOWN FROM THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION PROCESS FOR THE CEO INCLUDED REVIEW BY THE MEMBERS OF THE BOARD OF DIRECTORS (EXECUTIVE COMMITTEE - INCLUDING BUT NOT LIMITED TO THE BOARD CHAIR) AND REVIEW OF COMPENSATION AND COMPENSATION ANALYSIS PROVIDED BY JESSICA SAUNDERS, AN INDEPENDENT HUMAN RESOURCES CONSULTANT.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GOTHER: PROGRAM SERVICE EXPENSES 570,231. MANAGEMENT AND GENERAL EXPENSES 23,652. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 593,883.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.