2016-04-05T07:00:56-05:00 2015-06-30 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2014-07-01 202395640 WASHINGTON LATIN PUBLIC CHARTER SCHOOL WASH 2025411591 5200 2ND STREET NW WASHINGTON DC 20011 MARTHA CUTTS HEAD OF SCHOOL 2025411591 2016-04-04 1 ALLEN W HESS CPA P01266125 8146231880 2016-04-04 2014 2016-08-17 19:52:53Z MARTHA CUTTS 5200 2ND STREET NW WASHINGTON DC 20011 12528508 0 X WWW.LATINPCS.ORG X 2006 DC TO PROVIDE A CHALLENGING, CLASSICAL EDUCATION THAT IS ACCESSIBLE TO STUDENTS THROUGHOUT THE DISTRICT OF COLUMBIA. 12 12 159 50 0 0 1813445 1640736 9757474 10875318 5590 3549 85558 8905 11662067 12528508 0 0 0 0 5975819 6676701 0 0 183546 4151460 3674879 10127279 10351580 1534788 2176928 21367699 23784601 16919789 17730987 4447910 6053614 X TO PROVIDE A CHALLENGING, CLASSICAL EDUCATION THAT IS ACCESSIBLE TO STUDENTS THROUGHOUT THE DISTRICT OF COLUMBIA. 0 0 8973630 10875318 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. THE CHARTER SCHOOL 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 PCS 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 PCS BRINGS TOGETHER THE TIMELESS TRUTHS OF GREECE AND ROME WITH THE STUDY OF CONTEMPORARY ISSUES. WASHINGTON LATIN PCS 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 LEVELS 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 PCS 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 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 SCHOOL HAS REACHED THESE IMPORTANT MILESTONES.ENROLLMENT HAS GROWN TO 670 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 750.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. WE HAVE BEEN RATED TIER 1 BY THE PUBLIC CHARTER SCHOOL BOARD SEVEN OF EIGHT TIMES SINCE THE BOARD BEGAN USING THE PERFORMANCE MANAGEMENT FRAMEWORK TO MEASURE CHARTER SCHOOL QUALITY. OUR FIRST CLASS GRADUATED IN 2012, AND THREE OTHERS HAVE FOLLOWED FOR A TOTAL OF 189 WASHINGTON LATIN GRADUATES. 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. NEARLY 100% OF EACH SENIOR CLASS HAS BEEN ACCEPTED TO COLLEGE. OUR 197 ALUMNI RECEIVED MORE THAN $10 MILLION IN SCHOLARSHIPS, INCLUDING FIVE POSSE SCHOLARS, TWO CHILDREN'S DEFENSE FUND BEAT THE ODDS SCHOLARS, TWO GEORGE WASHINGTON UNIVERSITY TRACHTENBERG SCHOLARS, AND A GATES MILLENNIUM SCHOLARSHIP FINALIST. ONE OF OUR 2015 GRADUATES WAS ACCEPTED TO WEST POINT, THE FIRST DC CHARTER SCHOOL STUDENT EVER TO DO SO. 8973630 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 10 0 1 159 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2025411591 5200 2ND STREET NW WASHINGTON DC 20011 CHINESOM EJIASA PRESIDENT 3.00 X X 0 0 0 ALEXANDRA ECONOMOU SECRETARY 3.00 X X 0 0 0 JOHN DAVIS TREASURER 3.00 X X 0 0 0 MARK CAVE BOARD MEMBER 3.00 X 0 0 0 CHRISTINA ERLAND CULVER BOARD MEMBER 3.00 X 0 0 0 RUSSELL GREIFF BOARD MEMBER 3.00 X 0 0 0 MARK LERNER BOARD MEMBER 3.00 X 0 0 0 MAX LEVASSEUR BOARD MEMBER 3.00 X 0 0 0 ANN ELIZABETH LOVETT BOARD MEMBER 3.00 X 0 0 0 PATRICK MARA BOARD MEMBER 3.00 X 0 0 0 JOSEPH OLCHEFSKE BOARD MEMBER 3.00 X 0 0 0 AMINA WILKINS BOARD MEMBER 3.00 X 0 0 0 THOMAS DIBIASE-ENDED 022015 BOARD MEMBER 3.00 X 0 0 0 SUZANNE KIMPEL-ENDED 032015 BOARD MEMBER 3.00 X 0 0 0 CHRISTOPHER SIDDALL-ENDED 032015 BOARD MEMBER 3.00 X 0 0 0 MARTHA CUTTS HEAD OF SCHOOL 40.00 X 142483 0 14956 DIANA SMITH PRINCIPAL 40.00 X 113875 0 8813 256358 0 23769 2 0 1 0 VENPOR INVESTMENTS LLC PO BOX 320402 ALEXANDRIA VA 22320 STUDENT TRANSPORTATION 213129 REVOLUTION FOODS PO BOX 742759 LOS ANGELES CA 90074 FOOD SERVICES 127250 2 643835 996901 1640736 PER PUPIL REVENUE 900099 10341370 10341370 STUDENT FEES 900099 533948 533948 10875318 3549 3549 OTHER REVENUE 900099 8905 8905 8905 12528508 10884223 0 3549 282839 169703 84852 28284 5378369 4636343 655172 86854 128422 109915 16181 2326 461549 395035 58153 8361 425522 364200 53614 7708 11040 9384 1435 221 101236 86050 13161 2025 4000 3400 520 80 141147 119975 18349 2823 29382 24975 3820 587 496407 421946 64533 9928 21418 18206 2784 428 669789 569320 87073 13396 761573 647338 99004 15231 36171 30746 4702 723 DIRECT STUDENT COSTS 1172828 1172828 AUTHORIZER FEE 120990 102841 15729 2420 STAFF DEVELOPMENT 55539 47208 7220 1111 FEES AND LICENSES 20325 16139 3806 380 33034 28078 4296 660 10351580 8973630 1194404 183546 4445897 6340146 300443 946697 134000 577923 61917 23031 114051 103959 16727309 1447912 15698016 15279397 82609 0 530766 513448 21367699 23784601 98394 676729 161395 361788 16660000 16660000 0 32470 16919789 17730987 X 3763745 4719249 684165 1334365 4447910 6053614 21367699 23784601 X 2176928 -456145 -115079 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15341216 1089687 14251529 961733 358225 603508 424360 424360 15279397 INTEREST RATE SWAP LIABILITY 32470 32470 X 12538788 10280 10280 12528508 0 12528508 10361860 10280 10280 10351580 0 10351580 PART X, LINE 2: IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC NO. 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH IS AN INTERPRETATION OF ASC 740, ACCOUNTING FOR INCOME TAXES. FASB ASC NO. 740-10 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS IN ACCORDANCE WITH ASC 740 AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC NO. 740-10 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CHARTER SCHOOL'S TAX RETURN TO DETERMINE WHETHER THE TAX POSITIONS HAVE A "MORE-LIKELY-THAN-NOT" PROBABILITY OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2015, 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, 2015, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2011 THROUGH 2013 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. 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, 2015, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE D.C. 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, PART I, LINE 4 THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE D.C. GOVERNMENT. REVENUE PROCEDURE 75-50 DOES NOT APPLY TO CHARTER SCHOOLS. SCHEDULE E, PART I, 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. X X X X 0 0 0 0 0 0 0 0 0 MARTHA CUTTS HEAD OF SCHOOL 142483 0 0 0 0 0 5700 0 9256 0 157439 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 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 FOR REVIEW AND THEY RECOMMEND IT TO THE FULL BOARD OF DIRECTORS 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. ANNUALLY BOARD MEMBERS AND STAFF COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS OR CIRCUMSTANCES WHICH THE BOARD OR STAFF MEMBER BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES THE SALARY OF THE HEAD OF SCHOOL BASED ON EXPERIENCE AND COMPARISON TO INDUSTRY STANDARDS AND SURVEYS. THE PROCESS FOR DETERMINING COMPENSATION FOR THE TOP OFFICIALS AND OTHER OFFICERS WAS DETERMINED IN 2014. 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 ORGANIZATIONS WEBSITE AND UPON REQUEST. IN ADDITION, THE 990 INFORMATION TAX RETURN IS AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -115,079. LATIN RUDOLPH QALICB LLC 5200 2ND STREET NW WASHINGTON DC 20011 900924472 REAL ESTATE ACQUISITION AND RENTAL DC 166785 15760529