Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2015 • EIN 27-0149835
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Up$291,272
Up $5,350 (+1.9%) from 2014
Net Assets
Up$291,272
Up $5,350 (+1.9%) from 2014
Liabilities
Flat$0
Flat from 2014
Revenue
Down$23,294
Down $24,575 (-51%) from 2014
Expenses
Up$1,020
Up $1,020 from 2014
Net Income
Down$22,274
Down $25,595 (-53%) from 2014
The organization intends to raise funds from the general public to be used for the benefit of the public and charter schools in the greater new orleans area.
| Description | Grants | Expenses |
|---|---|---|
| PROVIDING FUNDS TO PUBLIC AND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES M HUGER | President | - | $0 | - | - |
| HANS JONASSEN | Treasurer | - | $0 | - | - |
| JAMES SWANSON | Secretary | - | $0 | - | - |
“Description: dividends. Amount: 3,472. Description: interest. Amount: 6. Total included on form 990-ez, line 4: 3,478.”
“Description: unrealized loss on investments. Amount: -16,924.”
“Description: investments. Beg. Of year amount: 240,744. End of year amount: 289,051.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JAMES M HUGER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5042741611 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 900 ST CHARLES AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW ORLEANS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 70130 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 45178 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2221 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 8171 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 22274 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1020 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 285922 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 291272 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 11645 |
| IRS990EZ/GrossReceiptsAmt | 0 | 23294 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3478 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 285922 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 291272 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 285922 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 291272 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES M HUGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HANS JONASSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JAMES SWANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 240744 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 289051 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -16924 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION INTENDS TO RAISE FUNDS FROM THE GENERAL PUBLIC TO BE USED FOR THE BENEFIT OF THE PUBLIC AND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDING FUNDS TO PUBLIC AND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 11645 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 1020 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 23294 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.CHOICEFOUNDATION.ORG |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | PER IRS REGULATION 1.170A-9(F)(3), EVEN IF AN ORGANIZATION DOES NOT MEET THE 33 1/3% TEST, AN ORGANIZATION MAY BE CONSIDERED PUBLICLY SUPPORTED IF IT NORMALLY RECEIVES A SUBSTANTIAL, PART, WHICH REGULATIONS STATE IS 10% OR MORE, OF ITS SUPPORT FROM THE GENERAL PUBLIC AND IF ITS MEETS OTHER FACTORS THAT SHOW IT IS ORGANIZED AND OPERATED TO ATTRACT PUBLIC SUPPORT ON A CONTINUING BASIS. THE ORGANIZATION IS CURRENTLY IN ITS 7TH YEAR OF OPERATIONS. INITIALLY THE ORGANIZATION WAS FUNDED BY A SMALL GROUP OF DONORS IN ORDER TO GET START UP FUNDS FOR THE ORGANIZATION. AS THE ORGANIZATION HAS MATURED, IT HAS EXPANDED ITS DONOR BASE TO INCLUDE OTHER CHARITABLE ORGANIZATIONS. THE BOARD IS CURRENTLY WORKING ON A FUNDRAISING PLAN TO SOLICIT DONATIONS FROM A BROADER DONOR BASE ON A CONTINUOUS BASIS SO THAT IT CAN CONTINUE TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION UNDER THE 33 1/3% TEST. THE ORGANIZATION'S GOVERNING BODY REPRESENTS THE BROAD INTEREST OF THE PUBLIC AS OPPOSED TO THE PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. THE ORGANIZATION'S COMMITMENT AND MISSION TO EXPAND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA IS REFLECTED IN THE MAKEUP OF ITS BOARD. FOR THE YEAR ENDED 6/30/15, THE BOARD WAS MADE UP OF 3 UNRELATED INDIVIDUALS. THESE INDIVIDUALS HAVE EXPERIENCE IN THE CHARTER SCHOOL MOVEMENT AND WHO ALSO SIT ON BOARD OF THE CHOICE FOUNDATION, WHICH IS AN ORGANIZATION THAT RUNS THREE CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA. THE BOARD HAS ALSO RECENTLY EXPANDED ITS BOARD FROM 3 TO 5 UNRELATED MEMBERS IN AN EFFORT TO BETTER REPRESENT THE PUBLIC AND ATTRACT A MORE DIVERSE AND BROAD DONOR BASE FOR THE ORGANIZATION. THE ORGANIZATION'S CHARITABLE MISSION TO PROVIDE FUNDS TO PUBLIC AND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA PROVIDES A SERVICE DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS. THE ORGANIZATION HAS PLAYED A VITAL ROLE IN THE ONGOING CHARTER SCHOOL REFORM IN THE NEW ORLEANS AREA. IN A EFFORT TO BETTER SUPPORT OTHER ORGANIZATIONS WITH THE SAME CHARITABLE MISSION, THE ORGANIZATION HAS IMPLEMENTED AN ANNUAL GRANT PROGRAM WHICH WILL PROVIDE GRANTS TO PUBLIC AND CHARTER SCHOOLS IN THE GREATER NEW ORLEANS AREA. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 8170 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 21447 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12684 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 16911 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 59212 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 3478 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16059 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5164 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4013 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4668 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 33382 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.25240 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.18710 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 23372 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 35840 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 8170 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 21447 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12684 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 16911 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 59212 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 92594 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DIVIDENDS. AMOUNT: 3,472. DESCRIPTION: INTEREST. AMOUNT: 6. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 3,478. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: UNREALIZED LOSS ON INVESTMENTS. AMOUNT: -16,924. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 240,744. END OF YEAR AMOUNT: 289,051. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES SWANSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5048610582 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-04-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHOICE FOUNDATION ENDOWMENT FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHOI |
| ReturnHeader/Filer/EIN | 0 | 270149835 |
| ReturnHeader/Filer/PhoneNum | 0 | 5042741611 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1010 COMMON STREET SUITE 2950 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW ORLEANS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 70112 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 721088864 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LAPORTE APAC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5100 VILLAGE WALK SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | COVINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 70433 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9858925850 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BONNIE M WYLLIE JD LLM |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T13:07:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.