2021-05-05T18:20:06-05:00 2020-06-30 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2019-07-01 202395640 CORPORATION OF WASHINGTON LATIN CORP 2022231111 5200 2ND STREET NW WASHINGTON DC 20011 PETER ANDERSON HEAD OF SCHOOL 2025411591 2021-05-05 true ROBERT F PREBOLA CPA P00575666 8146231880 2021-05-05 X 2019 2022-09-23 18:48:47Z WASHINGTON LATIN PUBLIC CHARTER SCH PETER ANDERSON 5200 2ND STREET NW WASHINGTON DC 20011 19446366 false X WWW.LATINPCS.ORG X 2005 DC TO PROVIDE A CHALLENGING, CLASSICAL EDUCATION THAT IS ACCESSIBLE TO STUDENTS THROUGHOUT THE DISTRICT OF COLUMBIA. 13 13 198 80 0 891171 1410972 12762973 13426548 148041 101255 7454 4260000 13809639 19198775 16567 0 8858027 9657634 0 199777 4806150 4781440 13664177 14455641 145462 4743134 27485758 28722754 18654155 15660797 8831603 13061957 X TO PROVIDE A CHALLENGING, CLASSICAL EDUCATION THAT IS ACCESSIBLE TO STUDENTS THROUGHOUT THE DISTRICT OF COLUMBIA. true false 13437846 16567 13426548 WASHINGTON LATIN PCS PROVIDES A CHALLENGING, CLASSICAL EDUCATION FOR THE MODERN WORLD THAT IS ACCESSIBLE TO STUDENTS IN GRADES 5-12 THROUGHOUT THE DISTRICT OF COLUMBIA. THE CHARTER SCHOOL WAS FOUNDED IN 2005 ON THE BELIEF THAT ALL STUDENTS DESERVE A QUALITY EDUCATION THAT GOES BEYOND PREPARATION AND FOCUSES ON DEVELOPING KNOWLEDGE, UNDERSTANDING AND HUMANITY. OUR ESSENTIAL CHARACTERISTICS INCLUDE OUR CLASSICAL CURRICULUM, TOP NOTCH FACULTY, SMALL CLASSES, AND CLOSE-KNIT COMMUNITY OF DIVERSE STUDENTS AND FACULTY. LATIN WASHINGTON OPENED ITS DOORS TO 179 STUDENTS IN 2006. IN EACH OF THE NEXT FIVE YEARS, THE SCHOOL ADDED A GRADE UNTIL REACHING THE FULL COMPLEMENT OF GRADES 5-12 IN 2011-12. THE CHARTER SCHOOL PRESENTLY SERVES A DIVERSE GROUP OF STUDENTS FROM ALL EIGHT WARDS OF DC. WASHINGTON LATIN BELIEVES THAT A HIGH CALIBER CLASSICAL EDUCATION SHOULD BE AVAILABLE TO ALL PUBLIC SCHOOL STUDENTS AND THAT EVERY YOUNG PERSON CAN LEARN AND DESERVES GREAT TEACHERS. THE CLASSICAL MODEL OF EDUCATION AT WASHINGTON LATIN BRINGS TOGETHER THE TIMELESS TRUTHS OF GREECE AND ROME WITH THE STUDY OF CONTEMPORARY ISSUES. WASHINGTON LATIN FOCUSES ON THREE CLASSICAL LEGACIES: EDUCATION FOR CITIZENSHIP IN A DEMOCRACY, THE LATIN LANGUAGE, AND PUBLIC ORATORY. THESE ARE IMPARTED THROUGH BOTH ANCIENT TEACHING METHODS SUCH AS SOCRATIC SEMINARS AND CONTEMPORARY APPROACHES, SUCH AS CURRENT TECHNOLOGY AND INNOVATIVE LEARNING PRACTICES. IN ADDITION, EACH STUDENT IS REQUIRED TO COMPLETE THREE HIGH SCHOOL LEVELS OF LATIN AND TWO OF FRENCH, CHINESE, OR ARABIC. THIS REQUIREMENT IS DESIGNED TO FOSTER THE STUDENT'S UNDERSTANDING OF OTHER CULTURES AND TO PREPARE EACH STUDENT FOR SUCCESS IN THE GLOBAL ENVIRONMENT. THE LINK BETWEEN THE ACADEMIC AND MORAL REALMS OF EDUCATION LIES AT THE HEART OF THE CLASSICAL TRADITION. WASHINGTON LATIN HOLDS HIGH EXPECTATIONS FOR ITS STUDENTS IN THEIR ACADEMIC PERFORMANCE, AS WELL AS THEIR PERSONAL AND COMMUNITY BEHAVIOR. THEY LEARN TO ASK "ESSENTIAL QUESTIONS," ENGAGE IN DIFFICULT DISCUSSIONS, INFORM THEMSELVES ABOUT POSSIBLE OPTIONS, ACT ON THEIR DECISIONS, AND OWN THE CONSEQUENCES: ALL CRITICAL STEPS TO BECOMING RESPONSIBLE CITIZENS. A RELATED COMPONENT OF OUR CLASSICAL APPROACH IS TO EDUCATE STUDENTS TO BECOME PART OF THE SCHOOL COMMUNITY. WE ENCOURAGE ALL TO CARE FOR AND RESPECT ONE ANOTHER UNDER THE MANTRA "WORDS MATTER." TO FOSTER THIS, WE GATHER THE SCHOOL COMMUNITY REGULARLY IN ASSEMBLIES THAT FOCUS ON OUR VALUES, PRAISE STUDENT ACHIEVEMENT, AND RECOGNIZE EACH OTHER'S GROWTH AND HARD WORK, ESSENTIAL TO CREATING OUR CULTURE OF COMMUNITY SUPPORT AND SHARED RESPONSIBILITY. OUR TOP NOTCH FACULTY IS THE SINGLE MOST IMPORTANT REASON FOR OUR CHARTER SCHOOL'S SUCCESS AND ALLOWS FOR A PERSONAL, SUPPORTIVE AND CHALLENGING ENVIRONMENT. THE ONLY WAY TO BRING STUDENTS ALONG ON THEIR OWN PATH OF EDUCATION IS TO KNOW THEM. WE INSIST ON SMALL CLASS SIZES AND AN ACTIVE ADVISORY PROGRAM TO ALLOW TEACHERS TO KNOW THEIR STUDENTS AS ADOLESCENTS AND AS LEARNERS. ACCESSIBILITY TO THE SCHOOL FACILITY, ITS FACULTY AND STAFF, AND ITS COURSES OF STUDY IS WOVEN INTO WASHINGTON LATIN'S CULTURE. SINCE ITS OPENING, THE CHARTER SCHOOL HAS REACHED THESE IMPORTANT MILESTONES: O ENROLLMENT HAS GROWN TO OVER 730 STUDENTS AT GRADE LEVELS 5-12 AND WE HAVE SERVED MORE THAN 1,500 STUDENTS OVERALL. THE SCHOOL IS IN HIGH DEMAND FROM STUDENTS WHO WISH TO ENROLL, AND OUR WAITLIST REGULARLY NUMBERS OVER 1,000. O 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. O WE HAVE BEEN RATED TIER 1 BY THE PUBLIC CHARTER SCHOOL BOARD EACH YEAR SINCE THE BOARD BEGAN USING THE PERFORMANCE MANAGEMENT FRAMEWORK TO MEASURE CHARTER SCHOOL QUALITY. O OUR FIRST CLASS GRADUATED IN 2012, AND EIGHT OTHERS HAVE FOLLOWED. 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%. O APPROXIMATELY 86% OR MORE OF EACH SENIOR CLASS HAS BEEN ACCEPTED TO COLLEGE. OUR ALUMNI HAVE RECEIVED MORE THAN 27 MILLION IN SCHOLARSHIPS, INCLUDING SEVEN POSSE SCHOLARS, TWO CHILDREN'S DEFENSE FUND BEAT THE ODDS SCHOLARS, THREE GEORGE WASHINGTON UNIVERSITY TRACHTENBERG SCHOLARS, A HERBERT H. DENTON JR. SCHOLAR, AND A GATES MILLENNIUM SCHOLARSHIP FINALIST. THREE OF OUR GRADUATES HAVE BEEN ACCEPTED TO MILITARY ACADEMIES, INCLUDING THE U.S. COAST GUARD, U.S. AIR FORCE, AND WEST POINT. IN THE MOST 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 NONSELECTIVE DCPS OR PUBLIC CHARTER SCHOOL IN THE DISTRICT. 13437846 true true false false false false false false false false true false false false true true true true true false false false false false false false false false true true true false false false false false false false false false false false false false false true false false false false true 41 0 198 true false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true true false X PETER ANDERSON 2022231111 5200 2ND STREET NW WASHINGTON DC 20011 CHRISTOPHER B WILKINSON PRESIDENT 3.00 X X 0 0 0 RAGINI DALAL VICE PRESIDE 3.00 X X 0 0 0 TIMOTHY MORGAN TREASURER 3.00 X X 0 0 0 CAITLIN MCGURN SECRETARY 3.00 X X 0 0 0 ANN ELIZABETH LOVETT OUTGOING PRE 3.00 X X 0 0 0 LAURIE BALLENGER BOARD MEMBER 3.00 X 0 0 0 BARRY CALDWELL BOARD MEMBER 3.00 X 0 0 0 CHRISTINA ERLAND CULVER BOARD MEMBER 3.00 X 0 0 0 ALYSE GRAHAM BOARD MEMBER 3.00 X 0 0 0 PATRICK MARA BOARD MEMBER 3.00 X 0 0 0 KENNETH MERRITT BOARD MEMBER 3.00 X 0 0 0 HUNTER RAWLINGS BOARD MEMBER 3.00 X 0 0 0 LISA RUCKER BOARD MEMBER 3.00 X 0 0 0 GEORGEANNE MATTHEWS OUTGOING MEM 3.00 X 0 0 0 PETER ANDERSON HEAD OF SCHO 40.00 X 168657 0 12701 DIANA SMITH PRINCIPAL 40.00 X 121928 0 10786 CATHERINE CROMWELL DIR. 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OF FINA 40.00 X 65081 0 7432 500378 40753 3 false true false VENPOR INVESTMENTS LLC 250 AMERICA WAY 321 OXON HILL MD 20745 TRANSPORTATION 284944 LATIN JANITORIAL SERVICES 518 ONEIDA PLACE NW WASHINGTON DC 20011 CLEANING 215068 ED OPS 1611 CONNECTICUT AVENUE NW WASHINGTON DC 20009 HR & ACCOUNTING 158000 REVOLUTION FOODS 6219 COLUMBIA PARK ROAD CHEVERLY MD 20785 FOOD SERVICES 144221 4 X 426363 984609 2461 1410972 PER PUPIL ALLOCATION 611710 10676976 10676976 PER PUPIL FACILITY ALLOWANCE 611710 2401200 2401200 STUDENT FEES 611710 348372 348372 13426548 96206 96206 252640 247591 5049 5049 5049 NEW MARKET TAX CREDIT LOAN 900099 4260000 4260000 FORGIVENESS 4260000 19198775 17686548 101255 16567 16567 320168 302148 13102 4918 7732832 7297601 316437 118794 189524 178858 7755 2911 698951 659610 28603 10738 716159 675850 29307 11002 20567 20567 148449 148449 427044 333686 93358 180565 172412 5984 2169 46799 44686 1551 562 563402 530323 26409 6670 1135996 1084701 37651 13644 1035621 988858 34324 12439 49815 10881 38934 DIRECT STUDENT COST 701998 701998 OTHER STAFF RELATED COSTS 160747 153378 7369 AUTHORIZER FEE 120442 115003 3992 1447 FOOD SERVICE 118297 118297 71698 52989 4226 14483 14455641 13437846 818018 199777 3253263 7447728 7234556 5694599 290978 111873 98454 134136 65405 118638 21596813 6431033 15960751 15165780 500696 81655 50000 27485758 28722754 945602 1010107 13400 6255 14073702 17695153 570733 18654155 15660797 X 8414776 12404978 416827 656979 8831603 13061957 27485758 28722754 X 4743134 -1959 -510821 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20126788 5252738 14874050 1470025 1178295 291730 15165780 INTEREST RATE SWAP LIABILITY 479166 LEASE PAYABLE 91567 570733 X 19213576 -1959 16760 14801 19198775 19198775 14472401 16760 16760 14455641 14455641 SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'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. THE WASHINGTON LATIN PUBLIC CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2020, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2020, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2016 THROUGH 2018 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES 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 18/19 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, 2020, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. THE NON-DISCRIMINATORY POLICY IS EXPLICITLY STATED IN THE REGISTRATION APPLICATION AND OUR BROCHURE. SCHEDULE E, LINE 6 THE CHARTER SCHOOL RECEIVES PUBLIC FUNDS FROM THE DC GOVERNMENT BASED ON THE NUMBER OF STUDENTS THEY ENROLL ACCORDING TO THE UNIFORM PER STUDENT FUNDING FORMULA DEVELOPED BY THE MAYOR AND CITY COUNCIL. THIS PER PUPIL ALLOCATION IS SUPPLEMENTED WITH EXTRA FUNDS FOR STUDENTS WITH SPECIAL NEEDS. true COVID RELATED ASSISTANCE 30 16567 FMV SCHEDULE I, PAGE 4, PART IV BASED ON THE AVAILABILITY OF FUNDS FOR THE COVID EMERGENCY HARDSHIP, THE SCHOOL PROVIDED THESE GRANTS TO ELIGIBLE APPLICANTS BASED ON EMERGENCY FINANCIAL NEED USING HARDSHIP CRITERIA. APPLICATIONS WERE REVIEWED AND SCORED BY MANAGEMENT OF THE SCHOOL AND THEN RECOMMENDED FOR A GRANT. THE GRANT WAS THEN APPROVED BY SCHOOL LEADERSHIP. APPROPRIATE RECORDS ARE MAINTAINED REGARDING THE GRANT RECIPIENTS WHICH INCLUDE THE AMOUNT, PURPOSE, RECIPIENT INFORMATION, SELECTION CRITERIA AND FUNDING SOURCE OF THE GRANTS PROVIDED. GRANTS GIVEN DID NOT EXCEED 1,350. ONCE THE GRANTS WERE PROVIDED, MONITORING OF THE GRANTS WAS NOT CONSIDERED NECESSARY BASED ON THE NATURE OF THIS ASSISTANCE. X X X X false false false false false false false false false PETER ANDERSON HEAD OF SCHOOL 168657 6843 5858 181358 A DISTRICT OF COLUMBIA 536001131 2020-04-09 14500000 REFINANCE LOANS false false false A 73416 14500000 290000 400221 13809779 2017 false false true true A false false false false false false false A false false true false true true TRUIST BANK 10.000000000000 false false false false false A false PURPOSE OF ISSUE DESCRIPTION DISTRICT OF COLUMBIA REFINANCE LOANS ADDITIONAL INFORMATION 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, PAGE 2, PART III, LINE 2 COVID EMERGENCY HARDSHIP FUNDS WERE PROVIDED TO STUDENTS AND FAMILIES OF THE SCHOOL WHO WERE IN NEED OF FINANACIAL ASSISTANCE DURING THE COVID PANDEMIC. THE SCHOOL MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS OR ASSISTANCE PROVIDED. THE SCHOOL ALSO HAS ESTABLISHED ELIGIBILITY REQUIREMENTS AND SELECTION CRITERIA FOR THE GRANTS OR ASSISTANCE PROVIDED. FORM 990, PAGE 2, PART III, LINE 4A WASHINGTON LATIN PCS PROVIDES A CHALLENGING, CLASSICAL EDUCATION FOR THE MODERN WORLD THAT IS ACCESSIBLE TO STUDENTS IN GRADES 5-12 THROUGHOUT THE DISTRICT OF COLUMBIA. THE CHARTER SCHOOL WAS FOUNDED IN 2005 ON THE BELIEF THAT ALL STUDENTS DESERVE A QUALITY EDUCATION THAT GOES BEYOND PREPARATION AND FOCUSES ON DEVELOPING KNOWLEDGE, UNDERSTANDING AND HUMANITY. OUR ESSENTIAL CHARACTERISTICS INCLUDE OUR CLASSICAL CURRICULUM, TOP NOTCH FACULTY, SMALL CLASSES, AND CLOSE-KNIT COMMUNITY OF DIVERSE STUDENTS AND FACULTY. LATIN WASHINGTON OPENED ITS DOORS TO 179 STUDENTS IN 2006. IN EACH OF THE NEXT FIVE YEARS, THE SCHOOL ADDED A GRADE UNTIL REACHING THE FULL COMPLEMENT OF GRADES 5-12 IN 2011-12. THE CHARTER SCHOOL PRESENTLY SERVES A DIVERSE GROUP OF STUDENTS FROM ALL EIGHT WARDS OF DC. WASHINGTON LATIN BELIEVES THAT A HIGH CALIBER CLASSICAL EDUCATION SHOULD BE AVAILABLE TO ALL PUBLIC SCHOOL STUDENTS AND THAT EVERY YOUNG PERSON CAN LEARN AND DESERVES GREAT TEACHERS. THE CLASSICAL MODEL OF EDUCATION AT WASHINGTON LATIN BRINGS TOGETHER THE TIMELESS TRUTHS OF GREECE AND ROME WITH THE STUDY OF CONTEMPORARY ISSUES. WASHINGTON LATIN FOCUSES ON THREE CLASSICAL LEGACIES: EDUCATION FOR CITIZENSHIP IN A DEMOCRACY, THE LATIN LANGUAGE, AND PUBLIC ORATORY. THESE ARE IMPARTED THROUGH BOTH ANCIENT TEACHING METHODS SUCH AS SOCRATIC SEMINARS AND CONTEMPORARY APPROACHES, SUCH AS CURRENT TECHNOLOGY AND INNOVATIVE LEARNING PRACTICES. IN ADDITION, EACH STUDENT IS REQUIRED TO COMPLETE THREE HIGH SCHOOL LEVELS OF LATIN AND TWO OF FRENCH, CHINESE, OR ARABIC. THIS REQUIREMENT IS DESIGNED TO FOSTER THE STUDENT'S UNDERSTANDING OF OTHER CULTURES AND TO PREPARE EACH STUDENT FOR SUCCESS IN THE GLOBAL ENVIRONMENT. THE LINK BETWEEN THE ACADEMIC AND MORAL REALMS OF EDUCATION LIES AT THE HEART OF THE CLASSICAL TRADITION. WASHINGTON LATIN HOLDS HIGH EXPECTATIONS FOR ITS STUDENTS IN THEIR ACADEMIC PERFORMANCE, AS WELL AS THEIR PERSONAL AND COMMUNITY BEHAVIOR. THEY LEARN TO ASK "ESSENTIAL QUESTIONS," ENGAGE IN DIFFICULT DISCUSSIONS, INFORM THEMSELVES ABOUT POSSIBLE OPTIONS, ACT ON THEIR DECISIONS, AND OWN THE CONSEQUENCES: ALL CRITICAL STEPS TO BECOMING RESPONSIBLE CITIZENS. A RELATED COMPONENT OF OUR CLASSICAL APPROACH IS TO EDUCATE STUDENTS TO BECOME PART OF THE SCHOOL COMMUNITY. WE ENCOURAGE ALL TO CARE FOR AND RESPECT ONE ANOTHER UNDER THE MANTRA "WORDS MATTER." TO FOSTER THIS, WE GATHER THE SCHOOL COMMUNITY REGULARLY IN ASSEMBLIES THAT FOCUS ON OUR VALUES, PRAISE STUDENT ACHIEVEMENT, AND RECOGNIZE EACH OTHER'S GROWTH AND HARD WORK, ESSENTIAL TO CREATING OUR CULTURE OF COMMUNITY SUPPORT AND SHARED RESPONSIBILITY. OUR TOP NOTCH FACULTY IS THE SINGLE MOST IMPORTANT REASON FOR OUR CHARTER SCHOOL'S SUCCESS AND ALLOWS FOR A PERSONAL, SUPPORTIVE AND CHALLENGING ENVIRONMENT. THE ONLY WAY TO BRING STUDENTS ALONG ON THEIR OWN PATH OF EDUCATION IS TO KNOW THEM. WE INSIST ON SMALL CLASS SIZES AND AN ACTIVE ADVISORY PROGRAM TO ALLOW TEACHERS TO KNOW THEIR STUDENTS AS ADOLESCENTS AND AS LEARNERS. ACCESSIBILITY TO THE SCHOOL FACILITY, ITS FACULTY AND STAFF, AND ITS COURSES OF STUDY IS WOVEN INTO WASHINGTON LATIN'S CULTURE. SINCE ITS OPENING, THE CHARTER SCHOOL HAS REACHED THESE IMPORTANT MILESTONES: O ENROLLMENT HAS GROWN TO OVER 730 STUDENTS AT GRADE LEVELS 5-12 AND WE HAVE SERVED MORE THAN 1,500 STUDENTS OVERALL. THE SCHOOL IS IN HIGH DEMAND FROM STUDENTS WHO WISH TO ENROLL, AND OUR WAITLIST REGULARLY NUMBERS OVER 1,000. O 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. O WE HAVE BEEN RATED TIER 1 BY THE PUBLIC CHARTER SCHOOL BOARD EACH YEAR SINCE THE BOARD BEGAN USING THE PERFORMANCE MANAGEMENT FRAMEWORK TO MEASURE CHARTER SCHOOL QUALITY. O OUR FIRST CLASS GRADUATED IN 2012, AND EIGHT OTHERS HAVE FOLLOWED. 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%. O APPROXIMATELY 86% OR MORE OF EACH SENIOR CLASS HAS BEEN ACCEPTED TO COLLEGE. OUR ALUMNI HAVE RECEIVED MORE THAN 27 MILLION IN SCHOLARSHIPS, INCLUDING SEVEN POSSE SCHOLARS, TWO CHILDREN'S DEFENSE FUND BEAT THE ODDS SCHOLARS, THREE GEORGE WASHINGTON UNIVERSITY TRACHTENBERG SCHOLARS, A HERBERT H. DENTON JR. SCHOLAR, AND A GATES MILLENNIUM SCHOLARSHIP FINALIST. THREE OF OUR GRADUATES HAVE BEEN ACCEPTED TO MILITARY ACADEMIES, INCLUDING THE U.S. COAST GUARD, U.S. AIR FORCE, AND WEST POINT. IN THE MOST 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 NONSELECTIVE DCPS OR PUBLIC CHARTER SCHOOL IN THE DISTRICT. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS CONSTANTLY MONITORED BY ADMINISTRATION PERSONNEL AND THE BOARD OF DIRECTORS THROUGH REVIEW AND APPROVAL PROCEDURES. 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, PAGE 6, PART VI, LINE 15A 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. FORM 990, PAGE 6, PART VI, LINE 15B 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, PAGE 6, PART VI, 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 VIII IN ACCORDANCE WITH THE TERMS OF THE NEW MARKET TAX CREDIT PROGRAM, THE CHARTER SCHOOL HAD 4,260,000 OF DEBT FORGIVEN DURING THE YEAR. FORM 990, PART XI, LINE 9 CHANGE IN FV OF INTEREST RATE SWAP -510,821 LATIN RUDOLPH QALICB LLC 5200 2ND STREET NW WASHINGTON DC 20011 900924472 REAL ESTAT DC 4260819 N/A