Civic Intelligence

Arise Academy

990 • Fiscal year 2018 • EIN 26-3240588

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

Organization ProfileWWW.ARISEACADEMY.ORG

View Organization Page

3819 St Claude AvenueNew Orleans, LA 70117

(504) 615-6354

Siviq Scores

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

Liabilities / Assets

59th percentile

0.30x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.05x

Higher debt load relative to revenue than 16% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

23rd percentile

-4.4%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

27th percentile

$115,830

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

4th percentile

-18%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

2.1%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$2,020,109

Down $450,621 (-18%) from 2017

Net Assets

Down

$1,412,325

Down $563,832 (-29%) from 2017

Liabilities

Up

$607,784

Up $113,211 (+23%) from 2017

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin23rd percentile

Revenue

Up

$12,868,644

Up $268,497 (+2.1%) from 2017

Expenses

Up

$13,432,476

Up $650,374 (+5.1%) from 2017

Net Income

Down

-$563,832

Down $381,877 (-210%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $456,217Liabilities 2011: $245,114Net Assets 2011: $211,1032011Assets 2012: $671,144Liabilities 2012: $401,094Net Assets 2012: $270,0502012Assets 2013: $877,198Liabilities 2013: $601,373Net Assets 2013: $275,8252013Assets 2014: $2,225,199Liabilities 2014: $824,977Net Assets 2014: $1,400,2222014Assets 2015: $2,102,982Liabilities 2015: $655,641Net Assets 2015: $1,447,3412015Assets 2016: $2,687,554Liabilities 2016: $529,398Net Assets 2016: $2,158,1562016Assets 2017: $2,470,730Liabilities 2017: $494,573Net Assets 2017: $1,976,1572017Assets 2018: $2,020,109Liabilities 2018: $607,784Net Assets 2018: $1,412,3252018Assets 2019: $1,891,514Liabilities 2019: $352,053Net Assets 2019: $1,539,4612019Assets 2020: $3,644,909Liabilities 2020: $1,799,552Net Assets 2020: $1,845,3572020Assets 2021: $3,784,290Liabilities 2021: $775,766Net Assets 2021: $3,008,5242021Assets 2022: $5,233,636Liabilities 2022: $2,781,006Net Assets 2022: $2,452,6302022Assets 2023: $4,430,074Liabilities 2023: $1,532,835Net Assets 2023: $2,897,2392023

Highlighted filing

2018

Assets$2,020,109
Liabilities$607,784
Net Assets$1,412,325
Open 2018 Filing

Operations Trend

Revenue Growth44th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,751,3632011Expenses 2012: $3,562,0262012Expenses 2013: $4,509,2492013Revenue 2014: $11,402,402Expenses 2014: $10,278,005Net Income 2014: $1,124,3972014Revenue 2015: $10,458,612Expenses 2015: $10,411,493Net Income 2015: $47,1192015Revenue 2016: $13,140,081Expenses 2016: $12,429,266Net Income 2016: $710,8152016Revenue 2017: $12,600,147Expenses 2017: $12,782,102Net Income 2017: -$181,9552017Revenue 2018: $12,868,644Expenses 2018: $13,432,476Net Income 2018: -$563,8322018Revenue 2019: $13,435,274Expenses 2019: $13,308,138Net Income 2019: $127,1362019Revenue 2020: $14,279,285Expenses 2020: $13,973,389Net Income 2020: $305,8962020Revenue 2021: $13,860,913Expenses 2021: $12,697,746Net Income 2021: $1,163,1672021Revenue 2022: $13,569,711Expenses 2022: $14,125,605Net Income 2022: -$555,8942022Revenue 2023: $11,172,161Expenses 2023: $10,727,552Net Income 2023: $444,6092023

Highlighted filing

2018

Revenue$12,868,644
Expenses$13,432,476
Net Income-$563,832
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$12,868,644
Mission and Program Overview

Mission

To implement and operate one or more public charter schools in louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$990,566$1,105,565▲ $114,999
Cash and Non-Interest-Bearing Accounts$1,191,927$640,620▼ $551,307
Prepaid Expenses and Deferred Charges$138,706$225,475▲ $86,769
Land, Buildings, and Equipment, Net$142,909$47,432▼ $95,477
Accounts Receivable$6,622$1,017▼ $5,605
Total Assets$2,470,730$2,020,109▼ $450,621
Liabilities
Accounts Payable and Accrued Expenses$382,573$411,784▲ $29,211
Mortgage Notes Payable Secured by Investment Property$112,000$196,000▲ $84,000
Total Liabilities$494,573$607,784▲ $113,211
Net Assets / Fund Balance
Unrestricted Net Assets$1,976,157$1,412,325▼ $563,832
Total Net Assets Fund Balance$1,976,157$1,412,325▼ $563,832
Total Liabilities and Net Assets / Fund Balance$2,470,730$2,020,109▼ $450,621

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,748$496,229$517,977
Leasehold Improvements$25,684$25,683$51,367
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cari KillianC.a.o.FT$104,963$10,867$115,830
Andrew ShahanC.e.o.FT$101,535$14,191$115,726
Kiril JohnsonC.o.o.FT$101,800$8,798$110,598

Board Members and Trustees

NameTitle
Michael WallaceBoard Chairman
Nick TringaliBoard Vice Chairman
Gary KrieghBoard Member
Miles GrandersonBoard Member
Elosha McgeeBoard Member(resigned Effective 05/18)
Matthew SmithBoard Member(resigned Effective 06/21/18)
Kristy HebertBoard Member(resigned Effective 10/17) )
Candace FrazierBoard Member(resigned Effective 11/17)
Patrick AndersonSecretary/board Member
Elaine ReyesTreasurer/board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$12,868,644
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$172,384
Change in Net Assets
$-563,832

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,868,644
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,868,644
Total Revenue per Form 990
$12,868,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,246,850
Other Expenses$5,185,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,070,541$323,018-$6,393,559
Fees for Services Other$1,344,541$91,088-$1,435,629
Other Employee Benefits$750,425$50,900-$801,325
All Other Expenses$799,118--$799,118
Payroll Taxes$552,819$14,738-$567,557
Other Expenses$527,522$31,316-$527,522
Current Officers, Directors, Trustees, and Key Employees$292,883$15,415-$308,298
Pension Plan Contributions$167,236$8,875-$176,111
Insurance$37,145$115,822-$152,967
Depreciation Depletion$95,479--$95,479
Travel$29,644$550-$30,194
Advertising-$17,963-$17,963
Interest-$7,646-$7,646
Total Functional Expenses$12,754,049$678,427$0$13,432,476

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,432,476
Total Expenses per Audited Statements$13,432,476
Total Expenses per Form 990$13,432,476
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A draft copy is provided to the organization's governing body for review prior to it being filed.”

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

“The organization does monitor and enforce compliance with the conflict of interest policy as needed.”

Form 990, Part VI, Section C, Line 19

“The organization will make its governing documents policies and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Arise Schools
EIN
26-3240588
Phone
5046156354
Address
3819 ST CLAUDE AVENUE, NEW ORLEANS, LA 70117

Signing Officer

Name
Kiril Johnson
Title
C.o.o.
Phone
5046156354
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kiril Johnson
Formed
2008
Legal Domicile
La
Voting Board Members
6
Independent Board Members
6
Employees
224
Volunteers
60

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, Part IX, Line 11G

“Other professional services: program service expenses 1344541. Management and general expenses 91088. Fundraising expenses 0. Total expenses 1435629.”

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 january 1,2009, the organization adopted financal accounting standards board standard relating to the accounting for uncertainty in income taxes. At the adoption date, the organization applied the new accounting standard to all tax positions for which the statute of limitations remained open. It did not make any adjustment to beginning net assets as a result of implementation of the accounting standard. Based on its evaluation, it concluded that there are no significant uncertain tax positions requiring recognition in its financial statements. The organization is no longer subject to u.s. Federal income tax examinations by the internal revenue service for the years before 2013.”

Raw XML AppendixShowing 400 of 433 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0382573
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0411784
IRS990/AccountsReceivableGrp/BOYAmt06622
IRS990/AccountsReceivableGrp/EOYAmt01017
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt017963
IRS990/AdvertisingGrp/TotalAmt017963
IRS990/AllOtherContributionsAmt0172384
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0799118
IRS990/AllOtherExpensesGrp/TotalAmt0799118
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIRIL JOHNSON
IRS990/BooksInCareOfDetail/PhoneNum05046156354
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03819 ST CLAUDE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW ORLEANS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070117
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01191927
IRS990/CashNonInterestBearingGrp/EOYAmt0640620
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015415
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0292883
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0308298
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012868644
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05185626
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-563832
IRS990/CYSalariesCompEmpBnftPaidAmt08246850
IRS990/CYTotalExpensesAmt013432476
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012868644
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt095479
IRS990/DepreciationDepletionGrp/TotalAmt095479
IRS990/Desc0INSTRUCTIONAL EXPENSES INCURRED, FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES FOR OPERATION OF BOTH ARISE ACADEMY AND MILDRED OSBOURNE CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0224
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt012754049
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt091088
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01344541
IRS990/FeesForServicesOtherGrp/TotalAmt01435629
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1245.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014191
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1110867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt128798
IRS990/Form990PartVIISectionAGrp/PersonNm0CANDACE FRAZIER
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICK ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2ELAINE REYES
IRS990/Form990PartVIISectionAGrp/PersonNm3NICK TRINGALI
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY KRIEGH
IRS990/Form990PartVIISectionAGrp/PersonNm5ELOSHA MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm7MILES GRANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm8MATTHEW SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9KRISTY HEBERT
IRS990/Form990PartVIISectionAGrp/PersonNm10ANDREW SHAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm11CARI KILLIAN
IRS990/Form990PartVIISectionAGrp/PersonNm12KIRIL JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10101535
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11104963
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12101800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER(RESIGNED EFFECTIVE 11/17)
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER(RESIGNED EFFECTIVE 05/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER(RESIGNED EFFECTIVE 06/21/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER(RESIGNED EFFECTIVE 10/17) )
IRS990/Form990PartVIISectionAGrp/TitleTxt10C.E.O.
IRS990/Form990PartVIISectionAGrp/TitleTxt11C.A.O.
IRS990/Form990PartVIISectionAGrp/TitleTxt12C.O.O.
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt012696260
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt012868644
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0115822
IRS990/InsuranceGrp/ProgramServicesAmt037145
IRS990/InsuranceGrp/TotalAmt0152967
IRS990/InterestGrp/ManagementAndGeneralAmt07646
IRS990/InterestGrp/TotalAmt07646
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0521912
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0142909
IRS990/LandBldgEquipBasisNetGrp/EOYAmt047432
IRS990/LandBldgEquipCostOrOtherBssAmt0569344
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0112000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0196000
IRS990/NetAssetsOrFundBalancesBOYAmt01976157
IRS990/NetAssetsOrFundBalancesEOYAmt01412325
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050900
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0750425
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0801325
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1PURCHASED PROPERTY SERV
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE MANAGEMENT
IRS990/OtherExpensesGrp/Desc3BUS SERVICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01096
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131316
IRS990/OtherExpensesGrp/ProgramServicesAmt0842253
IRS990/OtherExpensesGrp/ProgramServicesAmt1709647
IRS990/OtherExpensesGrp/ProgramServicesAmt2534796
IRS990/OtherExpensesGrp/ProgramServicesAmt3527522
IRS990/OtherExpensesGrp/TotalAmt0843349
IRS990/OtherExpensesGrp/TotalAmt1740963
IRS990/OtherExpensesGrp/TotalAmt2534796
IRS990/OtherExpensesGrp/TotalAmt3527522
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0323018
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06070541
IRS990/OtherSalariesAndWagesGrp/TotalAmt06393559
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014738
IRS990/PayrollTaxesGrp/ProgramServicesAmt0552819
IRS990/PayrollTaxesGrp/TotalAmt0567557
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08875
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0167236
IRS990/PensionPlanContributionsGrp/TotalAmt0176111
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0990566
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01105565
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0138706
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0225475
IRS990/PrincipalOfficerNm0KIRIL JOHNSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012600147
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt05171215
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-181955
IRS990/PYSalariesCompEmpBnftPaidAmt07610887
IRS990/PYTotalExpensesAmt012782102
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012600147
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-563832
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt021748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0496229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0517977
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013432476
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt025684
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025683
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt051367
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012868644
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ON JANUARY 1,2009, THE ORGANIZATION ADOPTED FINANCAL ACCOUNTING STANDARDS BOARD STANDARD RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AT THE ADOPTION DATE, THE ORGANIZATION APPLIED THE NEW ACCOUNTING STANDARD TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. IT DID NOT MAKE ANY ADJUSTMENT TO BEGINNING NET ASSETS AS A RESULT OF IMPLEMENTATION OF THE ACCOUNTING STANDARD. BASED ON ITS EVALUATION, IT CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS BEFORE 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047432
IRS990ScheduleD/TotalExpensesPerForm990Amt013432476
IRS990ScheduleD/TotalRevenuePerForm990Amt012868644
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012868644
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013432476
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 $12,696,260 FROM THE STATE OF LOUISIANA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO IT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1344541. MANAGEMENT AND GENERAL EXPENSES 91088. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1435629.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990- PAGE 12- PART XII- LINE 2(C)
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02470730
IRS990/TotalAssetsEOYAmt02020109
IRS990/TotalAssetsGrp/BOYAmt02470730
IRS990/TotalAssetsGrp/EOYAmt02020109
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt012868644
IRS990/TotalEmployeeCnt0224
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0678427
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt012754049
IRS990/TotalFunctionalExpensesGrp/TotalAmt013432476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0494573
IRS990/TotalLiabilitiesEOYAmt0607784
IRS990/TotalLiabilitiesGrp/BOYAmt0494573
IRS990/TotalLiabilitiesGrp/EOYAmt0607784
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01976157
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01412325
IRS990/TotalOtherCompensationAmt033856
IRS990/TotalProgramServiceExpensesAmt012754049
IRS990/TotalReportableCompFromOrgAmt0308298
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt012868644
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02470730
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02020109
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0550
IRS990/TravelGrp/ProgramServicesAmt029644
IRS990/TravelGrp/TotalAmt030194
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01976157
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01412325
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03819 ST CLAUDE AVENUE
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070117
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.ARISEACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,020,109
Liabilities
$607,784
Net assets
$1,412,325
Revenue
$12,868,644
Expenses
$13,432,476
Net income
-$563,832
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.43$1.53$2.90$11.2$10.7$0.44
2022Detailed filing. Detailed filing data is available for this year.$5.23$2.78$2.45$13.6$14.1$0.56
2021Detailed filing. Detailed filing data is available for this year.$3.78$0.78$3.01$13.9$12.7$1.16
2020Detailed filing. Detailed filing data is available for this year.$3.64$1.80$1.85$14.3$14.0$0.31
2019Detailed filing. Detailed filing data is available for this year.$1.89$0.35$1.54$13.4$13.3$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.61$1.41$12.9$13.4$0.56
2017Detailed filing. Detailed filing data is available for this year.$2.47$0.49$1.98$12.6$12.8$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.69$0.53$2.16$13.1$12.4$0.71
2015Detailed filing. Detailed filing data is available for this year.$2.10$0.66$1.45$10.5$10.4$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.82$1.40$11.4$10.3$1.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.60$0.28$4.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.40$0.27$3.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.25$0.21$2.75