The Boys' Latin School of Maryland
Legal name: The Boys' Latin School of Maryland Inc
Nonprofit profile at a glance
- EIN
- 520735085
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Baltimore, MD, USA
- Phone
- 4103775192
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $27,397,388
- Expenses
- $30,328,234
- Assets
- $137,287,065
- Liabilities
- $41,297,478
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- RICHARD H BAGBY (PRESIDENT)
- W KYLE GORE (FIRST VICE PRESIDENT)
Highest reported compensation
- CHRISTOPHER POST (HEADMASTER): $616,831 total reported compensation
- SEAN KRIEBEL (CFO/ASSISTANT HEADMASTER): $215,614 total reported compensation
- CRAIG BROOKS (ASSOC HEADMASTER FOR DEVELOPMENT): $214,833 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop boys into men of character and integrity through a challenging curriculum and a supportive community.
What it reported doing in 2024
Our faculty: boys' latin is a small school with 605 boys in grades k-12. Our faculty has an average of 18 years of teaching experience, more than 78% hold advanced degrees, and all are experts in all-boys education. Class sizes are small, with a student-faculty ratio of 7:1. This allows teachers to get to know each boy, learning what drives him, what books he loves, and what his favorite part of the school day is. To advance our commitment to being a school for boys, our faculty attend conferences focused on all-boys education, participate in workshops given by leading authorities in the fields of boys' education and brain research, and contribute to local conferences dedicated to the academic, social, and physical development of boys. Boys' latin is an active member of the international boys' school coalition (ibsc). Ibsc is a nonprofit organization of more than 300 member schools from twenty countries and five continents, dedicated to the education and development of boys worldwide. At boys' latin, faculty ensure that boys engage fully in their learning by engaging in the hands-on activities, experiential learning, and teamwork that we know captures their interest and drives their growth.history & identity: founded in 1844 by dr. Evert marsh topping, a princeton classics professor, boys' latin is the oldest independent, non-sectarian college preparatory school for boys not only in Maryland but in the mid-atlantic. Boys' latin is committed to being a small school, serving boys in grades k-12. At boys' latin, each student is uniquely known and valued for who he is and is encouraged to grow to be his best, most authentic self. The school's motto, esse quam videri - "to be rather than to seem" - emphasizes the development of one's integrity, courage, and compassion for others and has been the core value of a boys' latin education since 1844. Boys' latin welcomes young men from diverse backgrounds and educates them in a supportive, student-centered environment. Boys' latin strives to create an inclusive school community and prepare boys for the pluralistic society in which we live, work, and play.our programs: the school offers a rigorous academic program that prepares young men for the challenges of the 21st century. Our academic program is designed so boys will not only master critical foundational academic skills but provide them with the tools to think critically, approach complex issues and problems with a clear perspective, and become inquisitive learners. Boys' latin offers a college preparatory program with honors classes and over 18 advanced placement (ap) and post-ap college-level classes in the upper school. We follow a 7-day schedule in the upper and middle schools that allows for rotation of core classes, more course offerings, and time for co-curricular activities. Our athletic program includes 42 teams that compete in interscholastic competitions in soccer, football, cross country, wrestling, squash, basketball, ice hockey, lacrosse, golf, baseball, tennis, and volleyball. At boys' latin, students are encouraged to pursue new interests and talents. Our schedule is intentionally designed to allow boys to participate in sports, music, clubs, or service without conflict. Our robust arts program provides opportunities for students to engage in theater, music, fine arts, and digital arts. Our k-12 robotics program teaches students how to break down a problem, innovate solutions, persist, and collaborate. Many students who participate in robotics go on to attend top engineering colleges and enter careers in engineering, math, and computer science. We also offer numerous co-curricular activities and clubs including, but not limited to, model un, mock trial, it's academic, math counts, debate club, student newspapers, yearbook, student council, national honor society, williams scholars, chess club, black student union, one laker | one love club, jewish awareness club, and cybersecurity. Our facilities: since 1960 boys' lat
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 70
- Accountability: 97
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.9%; rating input score 73
- Program expense ratio: 75.8%; rating input score 76
- Fundraising efficiency: $1.99 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- 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: 95.5%; rating input score 95; 29th percentile among comparable filings
- Governance controls: 8 of 8 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -10.7%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 4.53; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 2.8% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 72.9% of revenue deployed · 75.8% of spending went to programs
- Governance: 21 of 22 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $23M in reported program spending
- Leadership: top reported pay $617K · 30 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.1M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 6/100.
- High — Sustainability: Operating margin scored 9/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.