Boys Latin Of Philadelphia Charter School
Boys Latin Of Philadelphia Charter School shows strong financial growth and zero reported officer compensation.
EIN: 203597185 · Philadelphia, PA · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.0M |
| Total Expenses | $12.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $6.4M |
| Transparency Score | 90/100 |
Is Boys Latin Of Philadelphia Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boys Latin Of Philadelphia Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boys Latin Of Philadelphia Charter School
Boys Latin Of Philadelphia Charter School (EIN: 203597185) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B29. The organization reported total revenue of $20.0M and total assets of $23.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boys Latin Of Philadelphia Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boys Latin Of Philadelphia Charter School is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.8M |
| Total Expenses | $12.3M |
| Surplus / Deficit | +$4.5M |
| Total Assets | $19.4M |
| Total Liabilities | $13.0M |
| Net Assets | $6.4M |
| Operating Margin | 26.7% |
| Debt-to-Asset Ratio | 67.0% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2023, Boys Latin Of Philadelphia Charter School reported a surplus of $4.5M with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 67.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boys Latin Of Philadelphia Charter School's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +2.2% | +18.3% |
| 2022 | +16.3% | +5.3% | +20.7% |
| 2021 | +10.8% | -2.7% | +21.2% |
| 2020 | +6.4% | +3.2% | +1.8% |
| 2019 | +10.0% | -4.7% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boys Latin Of Philadelphia Charter School with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Boys Latin Of Philadelphia Charter School allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with revenues approaching $20 million and indicates a strong commitment to directing funds towards its mission rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boys Latin Of Philadelphia Charter School's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in provided summary data (though implied by NTEE code and 0% officer comp)
Strengths
The following positive indicators were identified for Boys Latin Of Philadelphia Charter School:
- Consistent revenue growth (from $8.8M in 2014 to $16.8M in 2023)
- Significant asset growth (from $9.7M in 2014 to $19.4M in 2023)
- 0% reported officer compensation across all filings, indicating high efficiency and mission focus
- Positive net asset position in recent years, indicating improved financial health
- Implied high program spending due to educational mission and lack of executive compensation
Frequently Asked Questions about Boys Latin Of Philadelphia Charter School
Is Boys Latin Of Philadelphia Charter School a legitimate charity?
Boys Latin Of Philadelphia Charter School (EIN: 203597185) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $20.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Boys Latin Of Philadelphia Charter School spend its money?
Boys Latin Of Philadelphia Charter School directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Boys Latin Of Philadelphia Charter School tax-deductible?
Boys Latin Of Philadelphia Charter School is registered as a tax-exempt nonprofit (EIN: 203597185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boys Latin Of Philadelphia Charter School CEO make?
Boys Latin Of Philadelphia Charter School's highest-compensated officer earns $20 annually. The organization reported $20.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Boys Latin Of Philadelphia Charter School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Boys Latin Of Philadelphia Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boys Latin Of Philadelphia Charter School located?
Boys Latin Of Philadelphia Charter School is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 203597185. It is classified under NTEE code B29.
How many years of IRS 990 filings does Boys Latin Of Philadelphia Charter School have?
Boys Latin Of Philadelphia Charter School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $20.0M in total revenue.
Is Boys Latin Of Philadelphia Charter School financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth from $8.8M in 2014 to $16.8M in 2023, and a significant increase in assets from $9.7M to $19.4M over the same period, moving from a net liability position to a positive net asset position.
How does Boys Latin Of Philadelphia Charter School manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers, which is a highly positive sign for resource allocation.
What is the trend in the organization's assets and liabilities?
Assets have shown consistent growth, increasing from $9.7M in 2014 to $19.4M in 2023. Liabilities, while fluctuating, have decreased relative to assets, leading to a positive net asset position in recent years, indicating improved financial health.
Is the organization growing?
Yes, the organization is growing significantly, with revenue nearly doubling from $8.8M in 2014 to $16.8M in 2023, and assets also showing substantial growth over the same period.
Filing History
IRS 990 filing history for Boys Latin Of Philadelphia Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boys Latin Of Philadelphia Charter School's revenue has grown by 202.8%, moving from $5.6M to $16.8M. Total assets increased by 103.2% over the same period, from $9.6M to $19.4M. Total functional expenses rose by 101.8%, from $6.1M to $12.3M. In its most recent filing year (2023), Boys Latin Of Philadelphia Charter School reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $13.0M in liabilities against $19.4M in assets (debt-to-asset ratio: 67.0%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.8M | $12.3M | $19.4M | $13.0M | — | — |
| 2022 | $17.5M | $12.1M | $16.4M | $14.5M | — | View 990 |
| 2021 | $15.1M | $11.5M | $13.6M | $17.1M | — | View 990 |
| 2020 | $13.6M | $11.8M | $11.2M | $18.3M | — | View 990 |
| 2019 | $12.8M | $11.4M | $11.0M | $19.9M | — | View 990 |
| 2018 | $11.6M | $12.0M | $11.4M | $21.7M | — | View 990 |
| 2017 | $11.1M | $12.1M | $11.3M | $21.3M | — | View 990 |
| 2016 | $12.0M | $12.7M | $10.4M | $19.9M | — | View 990 |
| 2015 | $11.1M | $10.7M | $14.1M | $21.0M | — | View 990 |
| 2014 | $8.9M | $8.2M | $9.7M | $9.1M | — | View 990 |
| 2013 | $6.8M | $6.4M | $9.2M | $9.2M | — | View 990 |
| 2012 | $7.0M | $6.4M | $9.3M | $9.7M | — | View 990 |
| 2011 | $5.6M | $6.1M | $9.6M | $10.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.8M, expenses of $12.3M, and assets of $19.4M (revenue -3.9% year-over-year).
- 2022: Revenue of $17.5M, expenses of $12.1M, and assets of $16.4M (revenue +16.3% year-over-year).
- 2021: Revenue of $15.1M, expenses of $11.5M, and assets of $13.6M (revenue +10.8% year-over-year).
- 2020: Revenue of $13.6M, expenses of $11.8M, and assets of $11.2M (revenue +6.4% year-over-year).
- 2019: Revenue of $12.8M, expenses of $11.4M, and assets of $11.0M (revenue +10.0% year-over-year).
- 2018: Revenue of $11.6M, expenses of $12.0M, and assets of $11.4M (revenue +4.4% year-over-year).
- 2017: Revenue of $11.1M, expenses of $12.1M, and assets of $11.3M (revenue -7.3% year-over-year).
- 2016: Revenue of $12.0M, expenses of $12.7M, and assets of $10.4M (revenue +7.7% year-over-year).
- 2015: Revenue of $11.1M, expenses of $10.7M, and assets of $14.1M (revenue +25.8% year-over-year).
- 2014: Revenue of $8.9M, expenses of $8.2M, and assets of $9.7M (revenue +30.7% year-over-year).
- 2013: Revenue of $6.8M, expenses of $6.4M, and assets of $9.2M (revenue -3.0% year-over-year).
- 2012: Revenue of $7.0M, expenses of $6.4M, and assets of $9.3M (revenue +25.8% year-over-year).
- 2011: Revenue of $5.6M, expenses of $6.1M, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boys Latin Of Philadelphia Charter School:
Data Sources and Methodology
This transparency report for Boys Latin Of Philadelphia Charter School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.