WASHINGTON, DC
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Sign In — Free (10 views/day)CORPORATION OF THE WASHINGTON LATIN SCHOOL, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $28.0M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $25.6M left a modest 9% surplus.
TO PROVIDE A RIGOROUS, CLASSICAL EDUCATION TO PUBLIC SCHOOL MIDDLE AND HIGH SCHOOL STUDENTS FROM ACROSS THE DISTRICT OF COLUMBIA.
WASHINGTON LATIN PCS OFFERS CLASSICAL EDUCATION FOR THE MODERN WORLD AS A SMALL NETWORK OF PUBLIC CHARTER SCHOOLS THAT IS OPEN TO STUDENTS WHO RESIDE IN THE DISTRICT OF COLUMBIA. DURING THE 2023-2024...
WASHINGTON LATIN PCS OFFERS CLASSICAL EDUCATION FOR THE MODERN WORLD AS A SMALL NETWORK OF PUBLIC CHARTER SCHOOLS THAT IS OPEN TO STUDENTS WHO RESIDE IN THE DISTRICT OF COLUMBIA. DURING THE 2023-2024 SCHOOL YEAR, OUR ENROLLMENT WAS 741 STUDENTS AT OUR 2ND STREET CAMPUS (GRADES 5-12), AND 285 STUDENTS AT THE ANNA JULIA COOPER CAMPUS (GRADES 5-7) WHICH OPENED IN 2022. WE PLAN TO ADD AN ADDITIONAL GRADE TO THE COOPER CAMPUS IN EACH OF THE SUBSEQUENT YEARS UNTIL WE REACH OUR FULL COMPLEMENT OF GRADES 5-12 IN THE SCHOOL YEAR 2028-2029. AT LATIN, WE AIM FOR A DIVERSE AND REPRESENTATIVE STUDENT BODY AND HAVE ENROLLED STUDENTS FROM EACH OF THE EIGHT WARDS OF WASHINGTON, DC IN EACH OF OUR 18 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 OR COLLEGE.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. WE ALSO RECEIVE GRANTS AND DONATIONS FROM PRIVATE FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS. CURRICULUM AND INSTRUCTIONINHERENT 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. 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 ACCOMPLISHMENTSINCLUDING THE 2023-2024 SCHOOL YEAR, WASHINGTON LATIN HAS BEEN OPEN FOR 18 YEARS AND HAS SUCCESSFULLY MET THE REQUIREMENTS OF OUR AUTHORIZER, THE DC PUBLIC CHARTER SCHOOL BOARD, WHICH RENEWED OUR 15-YEAR CHARTER IN 2022. WE ARE ALSO ACCREDITED BY COGNIA (2023-29).WASHINGTON LATIN IS IN HIGH DEMAND; IN 2024 MORE THAN 3,900 STUDENTS APPLIED THROUGH THE DC COMMON LOTTERY FOR JUST 206 AVAILABLE SEATS AT BOTH CAMPUSES IN THE 2024-25 SCHOOL YEAR. DUE TO THIS STRONG DEMAND, WE OPENED A SECOND CAMPUS, THE ANNA JULIA COOPER CAMPUS - IN AUGUST 2022 FOR 163 STUDENTS IN GRADES 5 AND 6. IN 2023-24, WE ADDED 7TH GRADE AND WILL CONTINUE TO ADD A GRADE EACH YEAR UNTIL REACHING FULL ENROLLMENT OF 740 STUDENTS IN GRADES 5-12.WASHINGTON LATIN PURCHASED A PERMANENT HOME FOR ITS SECOND CAMPUS, THE COOPER CAMPUS FACILITY AT 4301 HAREWOOD ROAD IN SEPTEMBER 2022. THIS CAMPUS WILL OPEN ITS DOORS IN THE FALL OF 2025. 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; THE CLASS OF 2025 WILL BE OUR 14TH GRADUATING CLASS. 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 ONE QUARTER OF OUR FACULTY HAVE BEEN WITH US FOR 10 YEARS OR MORE. WE ARE ESPECIALLY PROUD THAT SO MANY OF OUR OWN GRADUATES HAVE RETURNED TO WORK AT OUR SCHOOLS; 10% OF OUR FACULTY ARE WASHINGTON LATIN ALUMNI.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $28,038,559 | $25,342,054 | +0.1% |
| Expenses | $25,572,185 | $21,895,098 | +0.2% |
| Net Income | $2,466,374 | $3,446,956 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KENNETH MERRITT | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURIE BALLENGER | VICE PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELIZABETH PAISNER | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDAN WILLIAMS-KIEF | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY CALDWELL | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| ALYSE GRAHAM | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| PRIYA JAYACHANDRAN | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| ANNA JESSEMAN | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| GLENN KAUTT | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| CARL MCFADGION | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| JOSIAH OSGOOD | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| LISA RUCKER | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MARGIE YEAGER | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| ASWATHI ZACHARIAH | GOVERNOR | 3.00 |
Director
|
$0 | $0 | $0 |
| PETER ANDERSON | HEAD OF SCHOOL | 40.00 |
Officer
|
$192,583 | $12,086 | $204,669 |
| GEOVANNA IZURIETA | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$122,963 | $17,060 | $140,023 |
| JAMES KELLY | PRINCIPAL | 40.00 |
Highest
|
$123,664 | $12,948 | $136,612 |
| KENA E ALLISON UPPER SCHOOL | SCIENCE TEACHER & ADVISOR | 40.00 |
Highest
|
$113,207 | $10,558 | $123,765 |
| CYNTHIA A DAVIS | DIRECTOR OF DEVELOPMENT | 40.00 |
Highest
|
$113,616 | $18,222 | $131,838 |
| CATHERINE G CORMWEEL | DIRECTOR OF EXTERNAL AFFAIRS | 40.00 |
Highest
|
$115,755 | $12,022 | $127,777 |
| TIFFANY C AUSTIN UPPER SCHOOL | INTERIM ASSISTANT DIRECTOR | 40.00 |
Highest
|
$114,459 | $14,256 | $128,715 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $28,038,559 | $25,572,185 | $56,512,325 | $2,466,374 |
| 2023 | $25,342,054 | $21,895,098 | $57,326,074 | $3,446,956 |
| 2022 | $18,255,562 | $17,361,762 | $33,346,403 | $893,800 |
| 2021 | $17,054,882 | $14,170,106 | $31,565,560 | $2,884,776 |
| 2020 | $19,198,775 | $14,455,641 | $28,722,754 | $4,743,134 |
| 2019 | $13,809,639 | $13,664,177 | $27,485,758 | $145,462 |
| 2018 | $13,346,243 | $12,824,496 | $27,474,291 | $521,747 |
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