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Education : Scholarship and Financial Support (Grantmaking/Grants Payable)

Boston Latin School Association

Raising funds to support Boston Latin School and to sponsor programs that serve its alumni

three stars

80.77

27 School Street Suite 300
Boston, MA 02108
tel: (617) 424-1635   Web Site
EIN: 04-6035973

Board Leadership
Michael G. Contompasis
Chair

CEO
Peter G. Kelly
President

  Score
(out of 100)
Rating
Overall Score & Rating 80.77 three stars
  Financial 73.73 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1844, the Boston Latin School Association (BLSA) exists to preserve and support the mission and excellence of the Boston Latin School, to build and maintain relationships among its alumni and friends, to raise funds for both school and Association activities. BLSA grants are designed primarily to supplement the funding of programs in technology, language arts, music, drama, and athletics at the Boston Latin School. BLSA grants are also designed to fund college scholarships for the students at the Boston Latin School.

Founded in 1844, the Boston Latin School Association (BLSA) exists to preserve and support the mission and excellence of the Boston Latin School, to build and maintain relationships among its alumni and friends, to raise funds for both school and Association activities. BLSA grants are designed primarily to supplement the funding of programs in technology, language arts, music, drama, and athletics at the Boston Latin School. BLSA grants are also designed to fund college scholarships for the students at the Boston Latin School.

Impact Information

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Financial

two stars

73.73

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.6%
  Administrative Expenses 10.0%
  Fundraising Expenses 18.3%
  Fundraising Efficiency $0.21
  Working Capital Ratio (years) 9.16
  Program Expenses Growth < 0.1%
  Liabilities to Assets 2.2%
All data for Financial Performance Metrics calculations was provided by Boston Latin School Association on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Boston Latin School Association on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Boston Latin School Association (MA) 80.77 three stars
ASU Foundation (AZ) 95.99 four stars
Kappa Kappa Gamma Foundation (OH) 87.06 three stars
Cambridge in America (NY) 92.02 four stars
Marine Corps University Foundation (VA) 90.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,302,582
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $4,302,582
   Program Service Revenue $277,780
Total Primary Revenue $4,580,362
   Other Revenue $3,998,751
TOTAL REVENUE $8,579,113
   
EXPENSES  
   Program Expenses $3,356,718
   Administrative Expenses $536,114
   Fundraising Expenses $796,956
TOTAL FUNCTIONAL EXPENSES $4,689,788
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,889,325
   
Net Assets $59,339,824

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Funding Programs at the Boston Latin School $2,163,463 64.5%
Student Scholarships $665,634 19.8%
Communications and Publications $165,359 4.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 80.77 three stars
2017-06 12/01/2018 87.24 three stars
2016-06 10/01/2017 86.68 three stars
2015-06 07/01/2016 86.75 three stars
2014-06 06/01/2016 86.44 three stars
 
CN 2.0
2014-06 10/01/2015 88.55 three stars
2013-06 10/01/2014 77.99 two stars
2012-06 08/01/2013 88.57 three stars
2011-06 06/01/2012 77.97 two stars
2010-06 09/20/2011 85.67 three stars
 
CN 1.0
2010-06 07/01/2011 80.98 three stars
2009-06 07/01/2010 69.72 one star
2008-06 09/01/2009 74.39 two stars
2007-06 02/01/2009 77.45 two stars
2006-06 05/01/2007 70.67 two stars
2005-06 07/01/2006 64.28 one star
2004-06 07/01/2005 55.38 one star
2003-06 06/01/2004 55.20 one star
2002-06 06/09/2003 69.18 one star
2001-06 10/15/2002 68.28 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-6035973
Name in IRS Master File BOSTON LATIN SCHOOL ASSOCIATION
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (34) Alumni association or group
(40) Scholarships (other)
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1960
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$159,929 3.41% Peter Kelly President

Highly Rated

Charity Name & State Overall Score Overall Rating
Boston Latin School Association (MA) 80.77 three stars
Oregon Health & Science University Foundation (OR) 91.97 four stars
The Alumni Association of the University of Virginia (VA) 92.35 four stars
Razorback Foundation (AR) 92.01 four stars
United States Coast Guard Academy Alumni Association (CT) 86.53 three stars

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Charity Contact Info

Boston Latin School Association
27 School Street
Suite 300
Boston, MA 02108
tel: (617) 424-1635
fax: (857) 277-0024
EIN: 04-6035973

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Board Leadership

Michael G. Contompasis
Chair

CEO

Peter G. Kelly
President

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