Nonprofit · EIN 27-4106131
F L TEMPLETON PREPARATORY ACADEMY INC
Tax-exempt · BALTIMORE, MD 21217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,018,152 | $8,335,011 | -$316,859 | $5,880,909 | $2,181,789 | $3,699,120 |
| June 30, 2024 | 990 | $8,797,298 | $7,732,754 | $1,064,544 | $4,453,080 | $437,101 | $4,015,979 |
| June 30, 2023 | 990 | $7,759,507 | $7,018,006 | $741,501 | $3,680,108 | $728,673 | $2,951,435 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,138,610
- of which government grants
- $3,072,826
- Program service revenue
- $4,879,487
- Investment income
- $55
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $472,003
- Other salaries and wages
- $4,543,468
- Salaries, compensation and benefits (total)
- $6,487,700
- Professional fundraising fees
- $0
- Accounting fees
- $26,798
- Occupancy
- $591,479
- Program services (functional)
- $7,737,899
- Management and general (functional)
- $597,112
Balance sheet and other
- Total assets, start of year
- $4,453,080
- Total assets, end of year
- $5,880,909
- Total liabilities, end of year
- $2,181,789
- Net assets, end of year
- $3,699,120
- Net assets without donor restrictions
- $3,699,120
- Gross receipts
- $8,018,152
- Employees
- 6
- Volunteers
- 20
- Year formed
- 2011
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rosalind Lockwood | Executive Dir. Officer | 40 | $211,486 | $0 | $0 |
| Denia Payton | Business Mgr. Officer | 1 | $6,000 | $134,027 | $21,575 |
| Damian L Jones | Director Trustee or director | 1 | $0 | $66,257 | $21,575 |
| Wanda Best | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Florine McCready | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Brett McAlily | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Darryl DeSousa | Director Trustee or director | 1 | $0 | $0 | $0 |
| B Christina Quinones | Director Trustee or director | 1 | $0 | $0 | $0 |
| Eric T Costello | Director Trustee or director | 1 | $0 | $0 | $0 |
| Richard Barth | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ER Shipp | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rosalind Lockwood | Executive Dir. Officer | 40 | $200,223 | $0 | $0 |
| Denia Payton | Business Mgr. Officer | 1 | $5,500 | $105,995 | $18,448 |
| Wanda Best | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Florine McCready | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Brett McAlily | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| B Christina Quinones | Director Trustee or director | 1 | $0 | $0 | $0 |
| Eric T Costello | Director Trustee or director | 1 | $0 | $0 | $0 |
| Damian L Jones | Director Trustee or director | 1 | $0 | $0 | $0 |
| Richard Barth | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ER Shipp | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rosalind Lockwood | Executive Dir. Officer | 40 | $199,252 | $0 | $0 |
| Denia Payton | Business Mgr. Officer | 1 | $5,000 | $99,427 | $18,940 |
| Wanda Best | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Florine McCready | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Brett McAlily | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| B Christina Quinones | Director Trustee or director | 1 | $0 | $0 | $0 |
| Eric T Costello | Director Trustee or director | 1 | $0 | $0 | $0 |
| Damian L Jones | Director Trustee or director | 1 | $0 | $0 | $0 |
| Richard Barth | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ER Shipp | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 PENNSYLVANIA AVE, BALTIMORE, MD 21217-3045
- In care of
- % KENNETH CHERRY
- Principal officer (990 for 2024)
- Rosalind Lockwood, 1200 Pennsylvania Ave, Baltimore, MD 212173045
- Signed the 990
- Rosalind Lockwood, Executive Director
- Phone
- (410) 396-0882
- Return prepared by
- KL Hoffman & Company PC
Mission
The vision is to prepare our youth for the 21st century while giving them the opportunity to learn, love, and live. Moreover, we will accomplish this vision by accelerating the opportunities and outcomes for our children by demanding nothing but excellence from the students, the staff, and the community. In short, we "expect excellence"!
Program accomplishments
- Public Charter SchoolExpenses $7,737,899 · revenue $3,072,826
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4106131
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $5,880,909
- Income (IRS master file)
- $8,018,152
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,018,152 | $8,335,011 | $5,880,909 | XML |
| 990 | June 2024 | $8,797,298 | $7,732,754 | $4,453,080 | IRS |
| 990 | June 2023 | $7,759,507 | $7,018,006 | $3,680,108 | XML |
| 990 | June 2022 | $6,346,529 | $6,145,993 | $2,272,064 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4106131).
Questions about F L TEMPLETON PREPARATORY ACADEMY INC
- What is the EIN of F L TEMPLETON PREPARATORY ACADEMY INC?
- The employer identification number (EIN) of F L TEMPLETON PREPARATORY ACADEMY INC is 27-4106131.
- Is F L TEMPLETON PREPARATORY ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to F L TEMPLETON PREPARATORY ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does F L TEMPLETON PREPARATORY ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of F L TEMPLETON PREPARATORY ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did F L TEMPLETON PREPARATORY ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of F L TEMPLETON PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Rosalind Lockwood.
- Who are the officers and directors of F L TEMPLETON PREPARATORY ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $211,486 (Rosalind Lockwood, Executive Dir.).
- How much revenue does F L TEMPLETON PREPARATORY ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,018,152, expenses of $8,335,011 and total assets of $5,880,909 at year end.
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