Civic Intelligence

Algiers Charter School Association Inc.

990 • Fiscal year 2017 • EIN 20-3737902

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

3520 General Degaulle Drive No 2001New Orleans, LA 70114

(504) 302-7001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.22x

Higher debt load relative to assets than 46% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

17th percentile

0.07x

Higher debt load relative to revenue than 17% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

40th percentile

0.9%

Higher net margin than 40% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$224,416

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

4th percentile

-14%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-5.7%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$15,005,986

Down $2,343,190 (-14%) from 2016

Net Assets

Down

$11,676,363

Down $606,577 (-4.9%) from 2016

Liabilities

Down

$3,329,623

Down $1,736,613 (-34%) from 2016

Revenue

Down

$45,394,317

Down $2,749,953 (-5.7%) from 2016

Expenses

Down

$44,981,651

Down $2,200,159 (-4.7%) from 2016

Net Income

Down

$412,666

Down $549,794 (-57%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $20,387,728Liabilities 2010: $5,252,424Net Assets 2010: $15,135,3042010Assets 2011: $19,935,810Liabilities 2011: $4,320,869Net Assets 2011: $15,614,9412011Assets 2012: $17,890,750Liabilities 2012: $4,910,425Net Assets 2012: $12,980,3252012Assets 2013: $13,877,423Liabilities 2013: $2,974,859Net Assets 2013: $10,902,5642013Assets 2014: $16,350,993Liabilities 2014: $4,240,997Net Assets 2014: $12,109,9962014Assets 2015: $14,309,639Liabilities 2015: $2,989,159Net Assets 2015: $11,320,4802015Assets 2016: $17,349,176Liabilities 2016: $5,066,236Net Assets 2016: $12,282,9402016Assets 2017: $15,005,986Liabilities 2017: $3,329,623Net Assets 2017: $11,676,3632017Assets 2018: $13,183,622Liabilities 2018: $2,275,926Net Assets 2018: $10,907,6962018Assets 2019: $10,249,675Liabilities 2019: $1,698,097Net Assets 2019: $8,551,5782019Assets 2020: $12,485,723Liabilities 2020: $5,230,454Net Assets 2020: $7,255,2692020Assets 2021: $11,545,116Liabilities 2021: $5,399,012Net Assets 2021: $6,146,1042021Assets 2022: $13,426,858Liabilities 2022: $1,897,873Net Assets 2022: $11,528,9852022Assets 2023: $16,307,398Liabilities 2023: $2,071,042Net Assets 2023: $14,236,3562023Assets 2024: $15,941,041Liabilities 2024: $2,017,722Net Assets 2024: $13,923,3192024

Highlighted filing

2017

Assets$15,005,986
Liabilities$3,329,623
Net Assets$11,676,363

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $44,063,6392010Expenses 2011: $45,069,5702011Expenses 2012: $41,626,3422012Expenses 2013: $39,285,5472013Revenue 2014: $50,598,699Expenses 2014: $49,391,267Net Income 2014: $1,207,4322014Revenue 2015: $48,934,011Expenses 2015: $49,723,527Net Income 2015: -$789,5162015Revenue 2016: $48,144,270Expenses 2016: $47,181,810Net Income 2016: $962,4602016Revenue 2017: $45,394,317Expenses 2017: $44,981,651Net Income 2017: $412,6662017Revenue 2018: $39,994,756Expenses 2018: $40,763,423Net Income 2018: -$768,6672018Revenue 2019: $29,471,689Expenses 2019: $31,827,534Net Income 2019: -$2,355,8452019Revenue 2020: $22,422,020Expenses 2020: $23,718,602Net Income 2020: -$1,296,5822020Revenue 2021: $21,416,188Expenses 2021: $22,455,493Net Income 2021: -$1,039,3052021Revenue 2022: $29,241,464Expenses 2022: $23,858,583Net Income 2022: $5,382,8812022Revenue 2023: $29,565,522Expenses 2023: $26,858,151Net Income 2023: $2,707,3712023Revenue 2024: $28,203,866Expenses 2024: $28,516,903Net Income 2024: -$313,0372024

Highlighted filing

2017

Revenue$45,394,317
Expenses$44,981,651
Net Income$412,666
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$45,394,317
Mission and Program Overview

Mission

The algiers charter school association, inc.,in conjunction with the orleans parish school board, has elected to establish charter schools to address the educational needs of families who are seeking educational alternatives to improve the quality of education for students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,691,712$7,392,122▼ $5,299,590
Investments Other Securities$4,004$4,004,004▲ $4,000,000
Accounts Receivable$3,849,597$2,853,850▼ $995,747
Land, Buildings, and Equipment, Net$274,498$492,351▲ $217,853
Prepaid Expenses and Deferred Charges$423,178$165,087▼ $258,091
Total Assets$17,349,176$15,005,986▼ $2,343,190
Other Assets Total$106,187$98,572▼ $7,615
Liabilities
Accounts Payable and Accrued Expenses$4,566,568$3,005,476▼ $1,561,092
Other Liabilities$497,282$324,147▼ $173,135
Deferred Revenue$2,386--
Total Liabilities$5,066,236$3,329,623▼ $1,736,613
Net Assets / Fund Balance
Unrestricted Net Assets$8,919,283$8,859,263▼ $60,020
Temporarily Rstr Net Assets$3,363,657$2,817,100▼ $546,557
Total Net Assets Fund Balance$12,282,940$11,676,363▼ $606,577
Total Liabilities and Net Assets / Fund Balance$17,349,176$15,005,986▼ $2,343,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$78,625$3,648,738$3,727,363
Buildings$413,726$102,802$516,528
Other Securities$4,004,004--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Renee Lewis CarterCFOFT$171,442$52,974$224,416
Brian GibsonVice PrincipalFT$116,976$37,099$154,075
Tarence DavisSchool Operations ManagerFT$104,700$32,000$136,700
Dianne LewisExecutive Director EssFT$107,520$29,026$136,546
Brian YoungPrincipalFT$100,413$31,229$131,642
Faydra AlexanderExecutive Director of AcademicsFT$106,819$9,391$116,210

Board Members and Trustees

NameTitle
John EdwardsBoard President
Nicole SheppardBoard Vice President
Aaron JacksonBoard Member
Colin BrooksBoard Member
James Henderson JrBoard Member
Joseph HuggBoard Member
Stephanie BridgesBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Adams & ReeseLegalPOBOX 2153, Birmingham, AL 35287$477,782
Revenue and Support

Revenue Composition

Contributions and Grants
$45,051,863
Program Service Revenue
$214,742
Investment Income
$0
Other Revenue
$127,712
All Other Contributions
$143,986
Change in Net Assets
$412,666

Audited Revenue Reconciliation

Revenue per Audited Statements
$45,394,317
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$45,394,317
Total Revenue per Form 990
$45,394,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$30,758,206
Other Expenses$14,223,445
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,353,440$2,627,382-$22,980,822
Pension Plan Contributions$4,956,562$556,790-$5,513,352
Other Expenses$1,512,871$218,587-$1,731,458
Fees for Services Other$809,285$801,780-$1,611,065
All Other Expenses$1,256,635$349,164-$1,605,799
Other Employee Benefits$1,374,730$107,236-$1,481,966
Occupancy$83,013$1,044,508-$1,127,521
Insurance-$666,572-$666,572
Payroll Taxes$429,391$64,257-$493,648
Current Officers, Directors, Trustees, and Key Employees$262,460$25,958-$288,418
Travel$176,850$7,603-$184,453
Depreciation Depletion$15,544$35,131-$50,675
Total Functional Expenses$36,783,497$8,198,154$0$44,981,651

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$44,981,651
Total Expenses per Audited Statements$44,981,651
Total Expenses per Form 990$44,981,651
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Agencies$324,147
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's board of directors reviews the form 990 at a designated board meeting before it is filed.

Form 990, Part VI, Section B, Line 12C

The organization's attorneys gather information regarding conflict of interest and forward the information to the state pursuant to louisiana revied statute 42 1119.

Form 990, Part VI, Section B, Line 15

The process for determining compensation was based upon market research.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial information available to the public both through another website and upon request.

Filing and Contact Details

Filer

Filer Name
Algiers Charter School Association
EIN
20-3737902
Phone
5043027001
Address
3520 GENERAL DEGAULLE DRIVE NO 2001, NEW ORLEANS, LA 70114

Signing Officer

Name
Rene Lewis-carter
Title
Chief Executive Officer
Phone
5043027001
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rene Lewis-carter
Formed
2005
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
679
Volunteers
150

Preparer

Firm
Hienz & Macaluso LLC
Address
110 VETERANS BLVD SUITE 170, METAIRIE, LA 70005
Preparer
Robert W Hienz
Phone
5048375434
Supplemental Narrative

Additional Explanations

Form 990- Page 12- Part XII- Line 2(C)

The organization has not changed its oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

On july 1, 2009, algiers charter schools association adopted the provisions of the accounting for uncertainty in income taxes topic of the fasc asc. Management has evaluated the school's tax position and concluded that the school has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.

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IRS990/ActivityOrMissionDesc0THE ALGIERS CHARTER SCHOOL ASSOCIATION, INC.,IN CONJUNCTION WITH THE ORLEANS PARISH SCHOOL BOARD, HAS ELECTED TO ESTABLISH CHARTER SCHOOLS TO ADDRESS THE EDUCATIONAL NEEDS OF FAMILIES WHO ARE SEEKING EDUCATIONAL ALTERNATIVES TO IMPROVE THE QUALITY OF EDUCATION FOR STUDENTS.
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IRS990/Desc0PROVIDED VARIOUS EDUCATIONAL SERVICES BASED UPON THE CHARTER SCHOOL STRUCTURE TO EXPEDITOUSLY AND EFFICIENTLY EDUCATE STUDENTS IN 4 ELEMENTARY AND 2 SECONDARY PUBLIC SCHOOLS WITHIN THE CITY OF NEW ORLEANS. PROVIDE VARIOUS EDUCATIONAL SERVICES BASED UPON THE CHARTER SCHOOL STRUCTURE TO EXPEDITOUSLY AND EFFICIENTLY EDUCATE STUDENTS IN 4 ELEMENTARY AND 2 SECONDARY PUBLIC SCHOOLS WITHIN THE CITY OF NEW ORLEANS.P
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04004
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04004004
IRS990/IRPDocumentCnt0105
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03751540
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0274498
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0492351
IRS990/LandBldgEquipCostOrOtherBssAmt04243891
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ALGIERS CHARTER SCHOOL ASSOCIATION, INC.,IN CONJUNCTION WITH THE ORLEANS PARISH SCHOOL BOARD, HAS ELECTED TO ESTABLISH CHARTER SCHOOLS TO ADDRESS THE EDUCATIONAL NEEDS OF FAMILIES WHO ARE SEEKING EDUCATIONAL ALTERNATIVES TO IMPROVE THE QUALITY OF EDUCATION FOR STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt012282940
IRS990/NetAssetsOrFundBalancesEOYAmt011676363
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07230
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt07230
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01044508
IRS990/OccupancyGrp/ProgramServicesAmt083013
IRS990/OccupancyGrp/TotalAmt01127521
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0106187
IRS990/OtherAssetsTotalGrp/EOYAmt098572
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0107236
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01374730
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01481966
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE MANAGEMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01693186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1218587
IRS990/OtherExpensesGrp/ProgramServicesAmt03300299
IRS990/OtherExpensesGrp/ProgramServicesAmt12206559
IRS990/OtherExpensesGrp/ProgramServicesAmt245858
IRS990/OtherExpensesGrp/ProgramServicesAmt31512871
IRS990/OtherExpensesGrp/TotalAmt03300299
IRS990/OtherExpensesGrp/TotalAmt12206559
IRS990/OtherExpensesGrp/TotalAmt21739044
IRS990/OtherExpensesGrp/TotalAmt31731458
IRS990/OtherLiabilitiesGrp/BOYAmt0497282
IRS990/OtherLiabilitiesGrp/EOYAmt0324147
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0120482
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0120482
IRS990/OtherRevenueTotalAmt0120482
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02627382
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020353440
IRS990/OtherSalariesAndWagesGrp/TotalAmt022980822
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt064257
IRS990/PayrollTaxesGrp/ProgramServicesAmt0429391
IRS990/PayrollTaxesGrp/TotalAmt0493648
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0556790
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04956562
IRS990/PensionPlanContributionsGrp/TotalAmt05513352
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0423178
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0165087
IRS990/PrincipalOfficerNm0RENE LEWIS-CARTER
IRS990/PriorPeriodAdjustmentsAmt0-1019243
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0MEDICAID REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0214742
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0214742
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt047323171
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04947
IRS990/PYOtherExpensesAmt014872750
IRS990/PYOtherRevenueAmt0264989
IRS990/PYProgramServiceRevenueAmt0551163
IRS990/PYRevenuesLessExpensesAmt0962460
IRS990/PYSalariesCompEmpBnftPaidAmt032309060
IRS990/PYTotalExpensesAmt047181810
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt048144270
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0412666
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt07230
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0342454
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012691712
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07392122
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0413726
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0102802
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0516528
IRS990ScheduleD/EquipmentGrp/BookValueAmt078625
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03648738
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03727363
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt044981651
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0324147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OTHER AGENCIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04004004
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LOUISIANA ASSET MANAGEMENT POOL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt045394317
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ON JULY 1, 2009, ALGIERS CHARTER SCHOOLS ASSOCIATION ADOPTED THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASC ASC. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0492351
IRS990ScheduleD/TotalBookValueSecuritiesAmt04004004
IRS990ScheduleD/TotalExpensesPerForm990Amt044981651
IRS990ScheduleD/TotalLiabilityAmt0324147
IRS990ScheduleD/TotalRevenuePerForm990Amt045394317
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt045394317
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt044981651
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVED GRANTS IN THE AMOUNT OF $44,869,846 DURING THE YEAR FROM STATE SOURCES TO HELP SUPPORT THE OPERATION OF CHARTER SCHOOLS ESTABLISHED TO EFFICIENTLY EDUCATE CITY OF NEW ORLEANS STUDENTS IN THE POST-HURRICANE KATRINA ERA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0171442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1116976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt052974
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt137099
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$2.02$13.9$28.2$28.5$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$2.07$14.2$29.6$26.9$2.71
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$1.90$11.5$29.2$23.9$5.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$5.40$6.15$21.4$22.5$1.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$5.23$7.26$22.4$23.7$1.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$1.70$8.55$29.5$31.8$2.36
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$2.28$10.9$40.0$40.8$0.77
2017Detailed filing. Detailed filing data is available for this year.$15.0$3.33$11.7$45.4$45.0$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.3$5.07$12.3$48.1$47.2$0.96
2015Detailed filing. Detailed filing data is available for this year.$14.3$2.99$11.3$48.9$49.7$0.79
2014Detailed filing. Detailed filing data is available for this year.$16.4$4.24$12.1$50.6$49.4$1.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$2.97$10.9$39.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$4.91$13.0$41.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.9$4.32$15.6$45.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$5.25$15.1$44.1