2023-05-15T15:25:23-05:00 2022-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2021-07-01 202395640 CORPORATION OF THE WASHINGTON LATIN SCHOOL CORP 2022231111 5200 2ND ST NW WASHINGTON DC 20011 PETER ANDERSON HEAD OF SCHOOL 2022231111 2023-05-15 1 PETER ANDERSON 999009999 GARRETT M HIGGINS P00543209 9143818900 2023-05-15 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z WASHINGTON LATIN PUBLIC CHARTER SCHOOL PETER ANDERSON 5200 2ND ST NW WASHINGTON DC 20011 18255562 0 X LATINPCS.ORG X 2005 DC TO PROVIDE A RIGOROUS, CLASSICAL EDUCATION TO PUBLIC SCHOOL MIDDLE AND HIGH SCHOOL STUDENTS FROM ACROSS THE DISTRICT OF COLUMBIA. 17 17 208 80 0 0 3197018 3149863 13849191 15087226 8673 2438 0 16035 17054882 18255562 0 0 0 0 10559585 11768159 0 0 253166 3610521 5593603 14170106 17361762 2884776 893800 31565560 33346403 15019282 14842179 16546278 18504224 X TO PROVIDE A RIGOROUS, CLASSICAL EDUCATION TO PUBLIC SCHOOL MIDDLE AND HIGH SCHOOL STUDENTS FROM ACROSS THE DISTRICT OF COLUMBIA. 0 0 15663114 0 15087226 WASHINGTON LATIN PCS OFFERS A CLASSICAL EDUCATION FOR THE MODERN WORLD AS A PUBLIC CHARTER SCHOOL THAT IS OPEN TO STUDENTS WHO RESIDE IN THE DISTRICT OF COLUMBIA. OUR CURRENT ENROLLMENT IS 750 STUDENTS AT OUR 2ND STREET CAMPUS (GRADES 5-12) AND 163 STUDENTS AT THE NEW ANNA JULIA COOPER CAMPUS (GRADES 5-6 IN 2022-23, ITS FIRST YEAR). WE AIM FOR A DIVERSE AND REPRESENTATIVE STUDENT BODY, AND WE HAVE ENROLLED STUDENTS FROM EACH OF THE EIGHT WARDS IN EACH OF OUR 16 YEARS. ANY STUDENT IN GRADES 5 THROUGH 12 WHO IS EAGER TO LEARN AND WILLING TO WORK FOR AN EXCELLENT EDUCATION WILL FIND OUR PROGRAM REWARDING AND WILL, UPON GRADUATION, BE PREPARED FOR WORK AT THE COLLEGE OR UNIVERSITY LEVEL.OUR ORGANIZATION'S PRIMARY SOURCES OF SUPPORT ARE LOCAL APPROPRIATIONS FOR PUBLIC SCHOOLS FROM THE DISTRICT OF COLUMBIA AND FEDERAL ENTITLEMENT FUNDING THROUGH THE OFFICE OF THE STATE SUPERINTENDENT OF EDUCATION. IN ADDITION, WE COLLECT STUDENT ACTIVITY FEES. WASHINGTON LATIN ALSO RECEIVES GRANTS AND DONATIONS FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS. CURRICULUM AND INSTRUCTION:INHERENT IN OUR SCHOOL'S DESIGN IS A PURPOSEFUL TENSION BETWEEN THE IDEALS OF THE CLASSICAL APPROACH TO EDUCATION AND THE MINDSET OF THE MODERN TIMES IN WHICH WE LIVE. AS A CLASSICAL SCHOOL, WE ALIGN OURSELVES WITH THE ESTABLISHED WISDOM OF THE ANCIENTS, PARTICULARLY THE CULTURES OF GREECE AND ROME. AT THE SAME TIME, WE STRIVE TO CONVEY THESE LEGACIES IN AN ENVIRONMENT AND CULTURE THAT INCLUDES SOME OF THE BEST OF CONTEMPORARY LIFE: A COMMITMENT TO A DIVERSE STUDENT BODY AND A VARIETY OF PEDAGOGIES. WE USE BOTH THE ANCIENT METHODS OF REPETITION AND SOCRATIC DIALOGUE, AS WELL AS THE CONTEMPORARY INNOVATIONS OF TECHNOLOGY AND COOPERATIVE LEARNING. THIS BALANCE BETWEEN CLASSICAL AND MODERN IS EXPLORED THROUGH A BROAD, LIBERAL ARTS CURRICULUM THAT EXPLORES TRUTH, BEAUTY, AND GOODNESS. THE LIBERAL ARTS OFFER STUDENTS A MULTIFACETED VIEW OF THE WORLD AND ENABLES STUDENTS TO BE GLOBAL CITIZENS. WE ENCOURAGE THEM TO QUESTION THEIR ASSUMPTIONS AND SEE BEYOND THEIR PERSPECTIVE. IT PRODUCES CONFIDENCE, EMPATHY, AND FLEXIBILITY. OUR GOAL IS TO PROMOTE THE DEVELOPMENT OF THE AUTONOMOUS SELF AND ENCOURAGE STUDENTS TO PURSUE THEIR FULLER HUMANITY.WE HAVE A VERY STABLE FACULTY WHO BRING THEIR INSTRUCTIONAL EXPERTISE AND PASSION FOR THEIR SUBJECT MATTER TO THE CLASSROOM. ACROSS ALL SUBJECTS, THEY USE BOTH THE ANCIENT METHODS OF REPETITION AND SOCRATIC DIALOGUE, AS WELL AS THE CONTEMPORARY INNOVATIONS OF TECHNOLOGY AND COOPERATIVE LEARNING. DURING THE 2020-21 SCHOOL YEAR, WE INSTITUTED A 1:1 TECHNOLOGY PROGRAM TO ENSURE THAT ALL STUDENTS COULD ACCESS OUR SCHOOL'S CURRICULUM DURING THE COVID PANDEMIC AND DISTANCE LEARNING; THAT PROGRAM CONTINUES AND ENSURES ACCESS TODAY, BOTH IN SCHOOL AND AT HOME. WE ALSO MAINTAIN A COMMITMENT TO SMALL CLASS SIZES SO THAT EVERY TEACHER CAN OFFER PERSONALIZED ATTENTION TO STUDENTS, INCLUDING THOSE WITH SPECIAL NEEDS (DISABILITY, LANGUAGE DIFFERENCE, ETC.)BELOW ARE HIGHLIGHTS OF WASHINGTON LATIN'S RECORD OF ACCOMPLISHMENTS: WASHINGTON LATIN IS IN ITS 17TH YEAR AND HAS SUCCESSFULLY MET THE REQUIREMENTS OF OUR AUTHORIZER, THE DC PUBLIC CHARTER SCHOOL BOARD, WHICH RENEWED OUR CHARTER IN 2022. EVERY YEAR SINCE IT OPENED, THE SCHOOL HAS ENROLLED STUDENTS FROM ALL EIGHT WARDS. OUR STUDENT BODY IS DIVERSE, AND OUR RACIAL DEMOGRAPHICS MATCH THOSE OF THE CITY. ENROLLMENT HAS GROWN TO 750 STUDENTS AT GRADE LEVELS 5 12 AT OUR ORIGINAL CAMPUS. THE SCHOOL IS IN HIGH DEMAND FROM STUDENTS WHO WISH TO ENROLL, AND OUR WAITLIST REGULARLY NUMBERS OVER 2000. DUE TO THIS EVER-GROWING DEMAND, WE OPENED A SECOND CAMPUS THE ANNA JULIA COOPER CAMPUS - IN AUGUST 2022 FOR 163 STUDENTS IN GRADES 5 AND 6. WE WILL ADD A GRADE EACH YEAR UNTIL REACHING FULL ENROLLMENT 750 STUDENTS IN GRADES 5-12. TOGETHER WITH WASHINGTON YU YING (A PEER DC CHARTER SCHOOL), WASHINGTON LATIN PURCHASED A SCHOOL FACILITY AT 4301 HAREWOOD ROAD IN SEPTEMBER 2022. THIS CAMPUS WILL SERVE AS THE PERMANENT HOME OF OUR COOPER CAMPUS BEGINNING IN THE FALL OF 2025. WE ARE CURRENTLY PLANNING NEW CONSTRUCTION AND RENOVATIONS OF THIS FACILITY, IN PARTNERSHIP WITH YU YING, WHICH WILL SHARE THE SITE WITH OUR COOPER CAMPUS. IN RECENT DC-WIDE STANDARDIZED TESTING (PARCC ASSESSMENT, ADMINISTERED EACH SPRING), WASHINGTON LATIN STUDENTS SCORED AT OR NEAR THE TOP OF BOTH ENGLISH/LANGUAGE ARTS (ELA) AND MATHEMATICS TESTS. IN FACT, OUR ELA SCORES WERE THE HIGHEST OF ANY NON-SELECTIVE DCPS OR PUBLIC CHARTER SCHOOL IN THE DISTRICT. OUR FIRST CLASS GRADUATED IN 2012, AND 2022 WILL BE OUR 10TH GRADUATING CLASS. IN BOTH 2012 AND 2013, OUR FIRST TWO GRADUATING CLASSES HAD THE HIGHEST GRADUATION RATES (93% AND 96%) OF ANY NON-SELECTIVE PUBLIC SCHOOL IN THE DISTRICT. OUR AVERAGE GRADUATION RATE IS 86%, AND 90% OR MORE OF EACH SENIOR CLASS HAS BEEN ACCEPTED TO COLLEGE. OUR GRADUATES HAVE RECEIVED MILLIONS IN COLLEGE SCHOLARSHIPS, INCLUDING POSSE SCHOLARSHIPS, CHILDREN'S DEFENSE FUND BEAT THE ODDS SCHOLARSHIPS, GEORGE WASHINGTON UNIVERSITY TRACHTENBERG SCHOLARSHIPS, HERBERT H. DENTON JR. SCHOLARSHIP, AND GATES MILLENNIUM SCHOLARSHIP FINALIST. OUR FACULTY IS VERY STABLE, PARTICULARLY IN COMPARISON TO OTHER PUBLIC CHARTER SCHOOLS IN DC AND NATIONALLY. WE HAVE A TOTAL RETENTION RATE OF 85-90% ANNUALLY, AND MORE THAN A THIRD OF OUR FACULTY HAVE BEEN WITH US FOR 10 YEARS OR MORE. MORE THAN 20 STUDENT ALUMNI WHO HAVE RETURNED TO WORK AS FACULTY AT VARIOUS TIMES, WITH 12% OF OUR CURRENT FACULTY HAVING GRADUATED FROM WASHINGTON LATIN. 15663114 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 208 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PETER ANDERSON 2022231111 5200 2ND ST NW WASHINGTON DC 20011 PETER ANDERSON HEAD OF SCHOOL 40.00 X 176366 0 5313 GUDRUN HOFMEISTER CAPITAL CAMPAIGN STRATEGIST 40.00 X 134717 0 721 JAMES KELLY PRINCIPAL 40.00 X 114195 0 9986 YINNIE TSE DIRECTOR OF FINANCE 40.00 X 104570 0 16132 CAROLINE GIFFORD CHIEF OF STAFF 40.00 X 110555 0 6779 CATHERINE CROMWELL DIRECTOR OF COMMUNICATIONS 40.00 X 111619 0 5391 CHRISTOPHER B WILKINSON PRESIDENT 3.00 X X 0 0 0 RAGINI DAHL VICE PRESIDENT 3.00 X X 0 0 0 TIMOTHY MORGAN TREASURER 3.00 X X 0 0 0 CAITHLIN MCGURN SECRETARY 3.00 X X 0 0 0 LAURIE BALLENGER GOVERNOR 3.00 X 0 0 0 BARRY CALDWELL GOVERNOR 3.00 X 0 0 0 NICHOLAS MCCOY GOVERNOR 3.00 X 0 0 0 ALYSE GRAHAM GOVERNOR 3.00 X 0 0 0 PATRICK MARA GOVERNOR 3.00 X 0 0 0 KENNETH MERRITT GOVERNOR 3.00 X 0 0 0 HUNTER RAWLINGS GOVERNOR 3.00 X 0 0 0 LISA RUCKER GOVERNOR 3.00 X 0 0 0 CARL MCFADGION GOVERNOR 3.00 X 0 0 0 KIMBERLY OSAGIE GOVERNOR 3.00 X 0 0 0 ELIZABETH PEISNER GOVERNOR 3.00 X 0 0 0 BRENDAN WILLIAMS-KIEF GOVERNOR 3.00 X 0 0 0 JOSIAH OSGOOD GOVERNOR 3.00 X 0 0 0 752022 0 44322 10 0 1 0 LATIN JANITORIAL SERVICES 518 ONEIDA PLACE NW WASHINGTON DC 20011 JANITORIAL SERVICES 216150 ED OPS 1611 CONNECTICUT AVENUE NW WASHINGTON DC 20009 HR & ACCOUNTING SERVICES 188220 VENPOR INVESTMENTS LLC 985 3RD STREET OAKLAND CA 94607 STUDENT TRANSPORATION 146793 CAREERS IN NONPROFITS 33 N DEARBORN SUITE 1610 CHICAGO IL 60602 STAFFING SERVICES 103124 LAVINIA GROUP LLC 5200 2ND STREET NW WASHINGTON DC 20011 EDUCATION CONSULTING 101033 5 1345433 1804430 9275 3149863 GOV'T PER-PUPIL REV. 611710 12075874 12075874 GOV'T PER-PUPIL - FACILITIES 611710 2569632 2569632 STUDENT ACTIVITY FEES 611710 441720 441720 15087226 2438 2438 INSURANCE CLAIM 900099 11067 11067 REIMBURSEMENTS 900099 4968 4968 16035 18255562 15087226 0 18473 300059 95540 159510 45009 9492865 9215340 196899 80626 221457 215053 4683 1721 883396 852114 22988 8294 870382 828873 30675 10834 164133 164133 294637 294637 1088173 675092 411256 1825 286631 250502 20629 15500 64324 61652 1920 752 814571 750243 55173 9155 317864 317728 136 122487 42797 1584 78106 1077922 1045750 32172 49488 7731 41757 CLASSROOM SUPPLIES 332225 332225 PROF. DEVELOPMENT 302404 302404 STUDENT SERVICES 291022 291022 FOOD SERVICES 163520 163520 224202 215528 7330 1344 17361762 15663114 1445482 253166 10254509 11096187 4952793 5027251 1589113 788324 29009 973716 0 2810 150440 243867 22215199 8437245 14419316 13777954 170380 1436294 31565560 33346403 1210914 1507599 0 10265 13641870 12722026 0 504646 166498 97643 15019282 14842179 X 14653370 16147476 1892908 2356748 16546278 18504224 31565560 33346403 X 893800 1087058 -22912 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20135788 7042801 13092987 1902969 1394444 508525 176442 176442 13777954 CAPITAL LEASE LIABILITY 97643 97643 X 19371618 1087058 51910 1138968 18232650 22912 22912 18255562 17413672 51910 51910 17361762 0 17361762 PART X, LINE 2: AS OF JUNE 30, 2022, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2019 THROUGH 2021 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE DISTRICT OF COLUMBIA AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. THESE TAX YEARS CORRESPOND TO THE CHARTER SCHOOL'S FISCAL YEAR WITH THE MOST RECENT BEING THE 20/21 SCHOOL YEAR. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2022, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL 22,912. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIC GUIDELINES SET FORTH IN REV. PROC. 75-50 AND AS MODIFIED BY REV. PROC. 2019-22. SCHEDULE E, PART I, LINE 4 (B) THE SCHOOL IS A FREE PUBLIC SCHOOL AND DOES NOT AWARD SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE DC STATE BOARD OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE AND CITY FUNDS INCLUDING FEDERAL ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. X X X 0 0 0 0 0 0 0 0 0 PETER ANDERSON HEAD OF SCHOOL 176366 0 0 0 0 0 394 0 4919 0 181679 0 0 0 A DISTRICT OF COLUMBIA REVENUE BOND SERIES 2020 536001131 000000000 2020-04-09 14500000 REFINANCE LOANS 0 0 0 A 978303 14500000 290000 400237 13809763 2017 0 0 1 1 A 0 0 1 0 1 1 TRUIST BANK 10.000000000000 0 0 0 0 0 A 1 SCHEDULE K, PART I, DISTRICT OF COLUMBIA: ON APRIL 9, 2020, THE DISTRICT OF COLUMBIA ISSUED AND SOLD REVENUE BONDS (WASHINGTON LATIN PUBLIC CHARTER SCHOOL PROJECT, SERIES 2020) TOTALING $14,500,000 TO TRUIST BANK, THE PROCEEDS OF WHICH WERE LOANED TO THE CHARTER SCHOOL FOR THE PURPOSE OF REFINANCING ALL EXISTING DEBT RELATED TO RENOVATING THE SCHOOL BUILDING LOCATED AT 5200 2ND STREET, NW, WASHINGTON, DC. THE PROCEEDS WERE USED TO EXTINGUISH THE TYPE A AND TYPE B QALICB LOANS FROM THE CDES AND A LOAN FROM BANK OF AMERICA IN THE TOTAL AMOUNT OF $13,809,779 AS WELL AS $290,000 OF THE CLOSING COSTS. IN ADDITION, A NET AMOUNT OF CASH IN THE AMOUNT OF $400,221 WAS TRANSFERRED TO THE CHARTER SCHOOL, WHICH WAS FOR REIMBURSEMENT OF QUALIFYING IMPROVEMENT COSTS. THE NOTE MATURES ON APRIL 1, 2050, AND IS CALLABLE BY TRUIST BANK ON APRIL 1, 2030. INTEREST AND PRINCIPAL PAYMENTS ARE MADE ON A MONTHLY BASIS. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING STAFF AND DIRECTOR OF FINANCE REVIEWS THE DRAFT FORM 990 INFORMATION TAX RETURN, AS PREPARED BY THE ACCOUNTANTS/AUDITORS. ONCE REVIEWED, THE 990 TAX RETURN IS FORWARDED TO THE FINANCE COMMITTEE AND THE AUDIT COMMITTEE FOR REVIEW AND THEY RECOMMEND IT TO THE FULL BOARD OF GOVERNORS FOR ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS CONSTANTLY MONITORED BY ADMINISTRATION PERSONNEL AND THE BOARD OF DIRECTORS THROUGH REVIEW AND APPROVAL PROCEDURES. OFFICERS, DIRECTORS, AND KEY EMPLOYEES (IF ANY) ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. IF A POTENTIAL CONFLICT WERE TO ARISE, THE INTERESTED PERSON MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE GOVERNING BOARD'S DECISION AS TO WHETHER A POTENTIAL CONFLICT OF INTEREST EXISTS IS DOCUMENTED IN THE MINUTES OF THE BOARD. ANNUALLY, BOARD MEMBERS AND STAFF COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS OR CIRCUMSTANCES WHICH THE BOARD OF GOVERNORS OR STAFF MEMBER BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S SALARY IS SET FORTH IN AN EMPLOYMENT CONTRACT, WHICH WAS NEGOTIATED BY THE BOARD PRESIDENT AT THE TIME THE HEAD OF SCHOOL WAS HIRED. A COMMITTEE OF THE BOARD REVIEWED AND APPROVED THE COMPENSATION USING BENCHMARK SALARY AND BENEFITS DATA PROVIDED BY CONSULTANTS. THE PROCESS FOR DETERMINING COMPENSATION FOR TOP OFFICIALS AND OTHER OFFICERS WAS APPROVED BY THE BOARD IN FEBRUARY 2018. THE BOARD APPROVED A SALARY FRAMEWORK RECOMMENDED BY A THIRD PARTY COMPENSATION CONSULTANT AFTER CONDUCTING A COMPENSATION STUDY ON SALARIES FROM OTHER COMPARABLE CHARTER SCHOOLS. WITHIN THIS FRAMEWORK, THE HEAD OF SCHOOL DETERMINES THE SALARY OF TOP KEY OFFICIALS AND OFFICERS UNDER HIS SUPERVISION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE FORWARDED TO THE DISTRICT OF COLUMBIA PUBLIC CHARTER SCHOOL BOARD, WHICH PROVIDES OVERSIGHT AND DISTRIBUTION OF RELEVANT INFORMATION TO THE PUBLIC. THE FORM 990 IS MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. IN ADDITION, THE 990 INFORMATION TAX RETURN IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR. FORM 990, PART XI, LINE 9: LOSS ON DISPOSAL OF EQUIPMENT -22,912. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.