Boston Collegiate Charter School

What it reported doing in 2024

Boston collegiate charter school foundation, inc (the foundation) supports boston collegiate charter school (the school) by providing philanthropic dollars, facilities, and leadership. In fy25, philanthropic funds from the foundation provided both restricted and unrestricted budget offset to the school for activities outside of the school's core academic program. Examples of initiatives funded by philanthropy in fy25 include, but are not limited to: alumni support; senior scholarships; social emotional learning interventions; athletics offerings; professional development for instructional staff; literacy intervention materials; expansion of our in-school music program; academic remediation; after school arts activities; and the school's students in need program, which provides basic needs -- such as glasses, uniforms, and school supplies -- to students and families who are struggling financially. The foundation supports the school's overall mission of preparing each of its 700 students for college. With support from the foundation, boston collegiate is proud of the following accomplishments achieved in fy25:- for the twenty-second consecutive year, 100% of boston collegiate's diploma-earning graduates earned acceptance to four-year colleges.- members of boston collegiate's class of 2025 are matriculating at post-secondary institutions that include bentley university; boston college; brandeis university; northeastern university; umass amherst, boston, dartmouth, and lowell; and wentworth institute of technology.- to help students develop professional skills, practice networking, and sample career fields that interest them, boston collegiate ran a two-week off-site internship program forjuniors in may. Internship sites included such organizations as boston medical center, terva corporation, ellis early learning center, nbcuniversal, sta design, cruz electrics, and a range of other nonprofits, local businesses, and skilled trades locations.- the school's athletic program had a remarkably successful year, highlighted by mcsao (Massachusetts charter school athletic organization) championships in girls softball and boys baseball, with both teams advancing to the highly competitive miaa (Massachusetts interscholastic athletic association) playoffs. Other teams qualified and placed highly in mcsao playoffs, and we had our first student ever compete in the miaa outdoor track & field state meet.

Financial Efficiency

• Mission deployment rate: 76.1%; rating input score 76
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: $47.49 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 7 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.9%; rating input score 81; 81st percentile among comparable filings
• Total-asset coverage ratio: 20.06; rating input score 96; 96th percentile among comparable filings
• Liabilities to assets ratio: 0.53; rating input score 19; 19th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

• Program expense growth: 8.6% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: -6.7% per year; rating input score 0; 3rd percentile among comparable filings
• Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings