Civic Intelligence

Arete Scholars Fund Inc.

990 • Fiscal year 2015 • EIN 27-2494520

Jul 01, 2014 to Jun 30, 2015 • Filed on May 10, 2016

Organization Profilewww.aretescholars.org

View Organization Page

3615 Braselton Highway No 203Dacula, GA 30019

(877) 246-4095

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$124,520

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

95th percentile

95%

Faster asset growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

55th percentile

5.4%

Faster revenue growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$3,704,685

Up $1,806,846 (+95%) from 2014

Net Assets

Up

$3,703,735

Up $1,813,563 (+96%) from 2014

Liabilities

Down

$950

Down $6,717 (-88%) from 2014

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin92nd percentile

Revenue

Up

$3,498,981

Up $178,596 (+5.4%) from 2014

Expenses

Down

$1,685,418

Down $2,286,668 (-58%) from 2014

Net Income

Up

$1,813,563

Up $2,465,264 (+378%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$15M$10M$5.0M$0Assets 2011: $1,000,940Liabilities 2011: $38,696Net Assets 2011: $962,2442011Assets 2012: $939,724Liabilities 2012: $4,195Net Assets 2012: $935,5292012Assets 2013: $2,542,817Liabilities 2013: $944Net Assets 2013: $2,541,8732013Assets 2014: $1,897,839Liabilities 2014: $7,667Net Assets 2014: $1,890,1722014Assets 2015: $3,704,685Liabilities 2015: $950Net Assets 2015: $3,703,7352015Assets 2016: $6,349,891Liabilities 2016: $21,611Net Assets 2016: $6,328,2802016Assets 2017: $8,199,091Liabilities 2017: $0Net Assets 2017: $8,199,0912017Assets 2018: $8,117,418Liabilities 2018: $3,103Net Assets 2018: $8,114,3152018Assets 2019: $8,122,000Liabilities 2019: $10,585Net Assets 2019: $8,111,4152019Assets 2020: $8,687,569Liabilities 2020: $62,200Net Assets 2020: $8,625,3692020Assets 2022: $9,628,160Liabilities 2022: $20,135Net Assets 2022: $9,608,0252022Assets 2024: $10,897,213Liabilities 2024: $150,367Net Assets 2024: $10,746,8462024

Highlighted filing

2015

Assets$3,704,685
Liabilities$950
Net Assets$3,703,735
Open 2015 Filing

Operations Trend

Revenue Growth55th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,501,2282011Expenses 2012: $5,835,8512012Expenses 2013: $4,668,2122013Revenue 2014: $3,320,385Expenses 2014: $3,972,086Net Income 2014: -$651,7012014Revenue 2015: $3,498,981Expenses 2015: $1,685,418Net Income 2015: $1,813,5632015Revenue 2016: $4,943,966Expenses 2016: $2,319,421Net Income 2016: $2,624,5452016Revenue 2017: $5,239,311Expenses 2017: $3,368,500Net Income 2017: $1,870,8112017Revenue 2018: $4,174,109Expenses 2018: $4,258,885Net Income 2018: -$84,7762018Revenue 2019: $4,243,343Expenses 2019: $4,246,243Net Income 2019: -$2,9002019Revenue 2020: $4,599,543Expenses 2020: $4,085,589Net Income 2020: $513,9542020Revenue 2022: $5,894,748Expenses 2022: $4,728,675Net Income 2022: $1,166,0732022Revenue 2024: $6,203,850Expenses 2024: $5,969,993Net Income 2024: $233,8572024

Highlighted filing

2015

Revenue$3,498,981
Expenses$1,685,418
Net Income$1,813,563
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 10, 2016
Return Version
2014v6.0
Gross Receipts
$3,498,981
Mission and Program Overview

Mission

To help economically disadvantaged children discover and use their unique gifts and talents through educational opportunity.

To assist low-income students reach their highest potential through educational opportunity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,886,625$3,693,584▲ $1,806,959
Cash and Non-Interest-Bearing Accounts$7,426$8,609▲ $1,183
Prepaid Expenses and Deferred Charges$3,700$1,450▼ $2,250
Accounts Receivable$88$1,042▲ $954
Total Assets$1,897,839$3,704,685▲ $1,806,846
Liabilities
Accounts Payable and Accrued Expenses$7,667$950▼ $6,717
Total Liabilities$7,667$950▼ $6,717
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,206,033$3,246,608▲ $2,040,575
Unrestricted Net Assets$684,139$457,127▼ $227,012
Total Net Assets Fund Balance$1,890,172$3,703,735▲ $1,813,563
Total Liabilities and Net Assets / Fund Balance$1,897,839$3,704,685▲ $1,806,846
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek MonjurePresident/Executive DirectorFT$102,400$22,120$124,520

Board Members and Trustees

NameTitle
Gregory BeadlesBoard Chairman/President
Chris PrinceVice President
Terry TuckerSecretary
Al PetrangeliTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,497,113
Program Service Revenue
$0
Investment Income
$1,868
Other Revenue
$0
All Other Contributions
$3,497,113
Change in Net Assets
$1,813,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,498,981
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,498,981
Total Revenue per Form 990
$3,498,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,171,622
Salaries, Compensation, and Employee Benefits$320,176
Other Expenses$193,620
Total Fundraising Expense$104,921
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,168,327--$1,168,327
Other Salaries and Wages$111,759$2,340$25,102$139,201
Current Officers, Directors, Trustees, and Key Employees$47,655$47,655$40,847$136,157
Fees for Services Accounting-$46,444-$46,444
Advertising$15,177$15,972$5,949$37,098
Other Employee Benefits$20,451$370$4,556$25,377
Fees for Services Lobbying$24,000--$24,000
Travel$12,546$3,503$4,942$20,991
Office Expenses$6,139$9,629$5,151$20,919
Payroll Taxes$11,627$3,256$4,558$19,441
Occupancy$10,583$2,963$4,148$17,694
Fees for Services Other$7,266-$8,279$15,545
All Other Expenses$2,577$966$1,312$4,855
Insurance-$4,740-$4,740
Grants to Domestic Orgs$3,295--$3,295
Information Technology$1,041$56$77$1,174
Other Expenses$160--$160
Total Functional Expenses$1,442,603$137,894$104,921$1,685,418

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,685,418
Total Expenses per Audited Statements$1,685,418
Total Expenses per Form 990$1,685,418
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
Yes
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
Yes
Other officer compensation reviewed
No
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 A, line 8B

“There are no committees of the Board of Directors.”

Form 990, Part VI, Section B, line 11

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then reviewed by the organization's board of directors prior to filing.”

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

“The Board and officers sign annual conflict of interest statements. These statements are reviewed by the Executive Director. If a conflict were to arise, the interested Board member would abstain from voting on the issue.”

Form 990, Part VI, Section B, line 15A

“The independent Board discusses and reviews compensation. Annual comparisons are made to industry standards before approving salaries for the Executive Director. The decisions and deliberations are contemporaneously documented.”

Form 990, Part VI, Section C, line 19

“Arete Scholars Fund makes its governing documents and conflict of interest policy available to the public upon request. Financial statements are available on the organization's website.”

Form 990, Part VI, Section B, Line 15B:

“No other officers or key employees are compensated.”

Filing and Contact Details

Filer

Filer Name
Arete Scholars Fund Inc
EIN
27-2494520
Phone
8772464095
Address
3615 Braselton Highway No 203, Dacula, GA 30019

Signing Officer

Name
Derek Monjure
Title
Executive Director
Phone
4046972649
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derek Monjure
Formed
2010
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
4
Volunteers
4

Preparer

Firm
Capin Crouse LLP
Address
1255 Lakes Parkway Suite 130, Lawrenceville, GA 30043
Preparer
David C Moja
Phone
6785185301
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C - Explanation of Responsibility:

“The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. This question was inadvertently checked "No" on prior years Form 990.”

Financial Statement Notes

Part X, Line 2:

“The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2015, Arete had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Arete files information tax returns in the U.S. and the state of Georgia. Arete is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for the years before 2011.”

Raw XML AppendixShowing 400 of 457 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03497113
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03317945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06271527
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05802957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02458500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021348042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01868
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02440
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04972
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018459
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/OtherIncome170Grp/TotalAmt029
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt07318127
IRS990ScheduleA/SubstantialContributorsTotAmt014029915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03497113
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03317945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06271527
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05802957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02458500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021348042
IRS990ScheduleA/TotalSupportAmt021366530
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
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt058568
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt087151
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0145719
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0234271
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0348604
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt024000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt022000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0628875
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt024000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt024000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt048000
IRS990ScheduleC/GrassrootsCeilingAmt0218579
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt058568
IRS990ScheduleC/LobbyingCeilingAmt0943313
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0234271
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01661418
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt024000
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt01685418
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt024000
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01685418
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03498981
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2015, Arete had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Arete files information tax returns in the U.S. and the state of Georgia. Arete is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for the years before 2011.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01685418
IRS990ScheduleD/TotalRevenuePerForm990Amt03498981
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03498981
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01685418
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01168327
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0485
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Procedures for Monitoring Grants in the US: Arete Scholars Fund, Inc. offers a limited amount of scholarships to students based solely on financial need. Applicants are required to furnish information pertinent to the determination of parental income and the ability to meet tuition requirements. Each application is considered on an individual basis and applications are reviewed annually. Awards are made to each student and the checks are made payable to the school and the parent.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no committees of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then reviewed by the organization's board of directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board and officers sign annual conflict of interest statements. These statements are reviewed by the Executive Director. If a conflict were to arise, the interested Board member would abstain from voting on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The independent Board discusses and reviews compensation. Annual comparisons are made to industry standards before approving salaries for the Executive Director. The decisions and deliberations are contemporaneously documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Arete Scholars Fund makes its governing documents and conflict of interest policy available to the public upon request. Financial statements are available on the organization's website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No other officers or key employees are compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. This question was inadvertently checked "No" on prior years Form 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15b:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Page 12, Part XII, Line 2C - Explanation of Responsibility:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0None
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Arete Scholars Louisiana Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0611709239
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Assist low-income students reach their highest potential through education.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0655 St Ferdinand Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Baton Rouge
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070802
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Arete Scholars Louisiana Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Arete Scholars Louisiana Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01206033
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03246608
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01897839
IRS990/TotalAssetsEOYAmt03704685
IRS990/TotalAssetsGrp/BOYAmt01897839
IRS990/TotalAssetsGrp/EOYAmt03704685
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03497113
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0104921
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137894
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01442603
IRS990/TotalFunctionalExpensesGrp/TotalAmt01685418
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07667
IRS990/TotalLiabilitiesEOYAmt0950
IRS990/TotalLiabilitiesGrp/BOYAmt07667
IRS990/TotalLiabilitiesGrp/EOYAmt0950
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01890172

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,704,685
Liabilities
$950
Net assets
$3,703,735
Revenue
$3,498,981
Expenses
$1,685,418
Net income
$1,813,563
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$0.15$10.7$6.20$5.97$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.63$0.02$9.61$5.89$4.73$1.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$0.06$8.63$4.60$4.09$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.12$0.01$8.11$4.24$4.25$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.12$0.00$8.11$4.17$4.26$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.20$0.00$8.20$5.24$3.37$1.87
2016Detailed filing. Detailed filing data is available for this year.$6.35$0.02$6.33$4.94$2.32$2.62
2015Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$3.50$1.69$1.81
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$3.32$3.97$0.65
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.00$2.54$4.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$5.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.04$0.96$1.50
Peer Organizations

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