Civic Intelligence

Lake Charles Charter Academy Foundation Inc.

990 • Fiscal year 2017 • EIN 27-3158582

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 09, 2018

Organization ProfileWWW.LAKECHARLESCHARTER.ORG
3160 Power Center ParkwayLake Charles, LA 70607

(337) 475-7900

Siviq Scores

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

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

1.41x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

66th percentile

8.9%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

32nd percentile

0.1%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.5%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$17,489,609

Up $22,269 (+0.1%) from 2016

Net Assets

Up

$2,706,624

Up $937,499 (+53%) from 2016

Liabilities

Down

$14,782,985

Down $915,230 (-5.8%) from 2016

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin66th percentile

Revenue

Up

$10,502,593

Up $821,273 (+8.5%) from 2016

Expenses

Up

$9,565,094

Up $307,316 (+3.3%) from 2016

Net Income

Up

$937,499

Up $513,957 (+121%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$80M$60M$40M$20M$0Assets 2011: $291,239Liabilities 2011: $35,000Net Assets 2011: $256,2392011Assets 2013: $16,797,685Liabilities 2013: $15,707,365Net Assets 2013: $1,090,3202013Assets 2014: $16,799,544Liabilities 2014: $15,572,573Net Assets 2014: $1,226,9712014Assets 2015: $16,668,294Liabilities 2015: $15,322,711Net Assets 2015: $1,345,5832015Assets 2016: $17,467,340Liabilities 2016: $15,698,215Net Assets 2016: $1,769,1252016Assets 2017: $17,489,609Liabilities 2017: $14,782,985Net Assets 2017: $2,706,6242017Assets 2018: $17,938,682Liabilities 2018: $14,552,073Net Assets 2018: $3,386,6092018Assets 2019: $19,825,840Liabilities 2019: $14,737,436Net Assets 2019: $5,088,4042019Assets 2020: $19,086,484Liabilities 2020: $14,361,192Net Assets 2020: $4,725,2922020Assets 2021: $20,676,386Liabilities 2021: $14,695,458Net Assets 2021: $5,980,9282021Assets 2022: $22,449,071Liabilities 2022: $15,243,559Net Assets 2022: $7,205,5122022Assets 2023: $66,334,710Liabilities 2023: $52,814,715Net Assets 2023: $13,519,9952023Assets 2024: $67,186,672Liabilities 2024: $52,835,861Net Assets 2024: $14,350,8112024

Highlighted filing

2017

Assets$17,489,609
Liabilities$14,782,985
Net Assets$2,706,624
Open 2017 Filing

Operations Trend

Revenue Growth60th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $70,7612011Expenses 2013: $7,799,6262013Revenue 2014: $9,140,621Expenses 2014: $9,003,970Net Income 2014: $136,6512014Revenue 2015: $9,227,682Expenses 2015: $9,109,070Net Income 2015: $118,6122015Revenue 2016: $9,681,320Expenses 2016: $9,257,778Net Income 2016: $423,5422016Revenue 2017: $10,502,593Expenses 2017: $9,565,094Net Income 2017: $937,4992017Revenue 2018: $10,658,957Expenses 2018: $9,978,972Net Income 2018: $679,9852018Revenue 2019: $13,097,069Expenses 2019: $11,395,274Net Income 2019: $1,701,7952019Revenue 2020: $12,058,185Expenses 2020: $12,421,297Net Income 2020: -$363,1122020Revenue 2021: $13,178,907Expenses 2021: $11,923,271Net Income 2021: $1,255,6362021Revenue 2022: $16,068,412Expenses 2022: $14,843,828Net Income 2022: $1,224,5842022Revenue 2023: $41,380,391Expenses 2023: $39,012,143Net Income 2023: $2,368,2482023Revenue 2024: $40,482,691Expenses 2024: $39,651,875Net Income 2024: $830,8162024

Highlighted filing

2017

Revenue$10,502,593
Expenses$9,565,094
Net Income$937,499
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 9, 2018
Return Version
2016v3.0
Gross Receipts
$10,502,593
Mission and Program Overview

Mission

Lake charles charter academy foundation, inc. Is a non-profit entity organized exclusively for educational purposes and is comprised of respected leaders in the lake charles community that are committed to providing high quality educational options for the citizens of the calcasieu parish.

The foundation owns and operates lake charles charter academy in the louisiana parish of calcasieu. The school provides students, from kindergarten to eighth (k-8) grade, with the necessary tools and skills needed to develop superior levels of achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,193,338$11,939,624▼ $253,714
Cash and Non-Interest-Bearing Accounts$2,158,086$2,860,521▲ $702,435
Pledges and Grants Receivable$154,663$144,918▼ $9,745
Prepaid Expenses and Deferred Charges$25,185$31,928▲ $6,743
Accounts Receivable$68,773$28,453▼ $40,320
Total Assets$17,467,340$17,489,609▲ $22,269
Other Assets Total$2,867,295$2,484,165▼ $383,130
Liabilities
Tax Exempt Bond Liabilities$14,747,497$14,113,111▼ $634,386
Other Liabilities$412,807$525,781▲ $112,974
Accounts Payable and Accrued Expenses$536,781$128,725▼ $408,056
Deferred Revenue$1,130$15,368▲ $14,238
Total Liabilities$15,698,215$14,782,985▼ $915,230
Net Assets / Fund Balance
Unrestricted Net Assets$1,769,125$2,706,624▲ $937,499
Total Net Assets Fund Balance$1,769,125$2,706,624▲ $937,499
Total Liabilities and Net Assets / Fund Balance$17,467,340$17,489,609▲ $22,269

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,363,965$1,239,506$11,603,471
Equipment$321,531$1,442,928$1,764,459
Land$1,254,128-$1,254,128
Other Assets Org$1,078,422--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Judge Ulysses Gene ThibodeauxPresident
Charles a HonoreVice-president
Andrew Ranier JdTrustee
Dr Michael KurthTrustee
Sylvia StellyTrustee
Willie MountTrustee
Clyde W MitchellSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Student Transportation Specialists LLCStudent Transportation4820 SW 20TH STREET, Oklahoma City, OK 73128$289,213
Revenue and Support

Revenue Composition

Contributions and Grants
$10,440,082
Program Service Revenue
$33,796
Investment Income
$2,043
Other Revenue
$26,672
All Other Contributions
$8,300
Change in Net Assets
$937,499

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,502,593
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,502,593
Total Revenue per Form 990
$10,502,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,200,361
Salaries, Compensation, and Employee Benefits$4,364,733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,625,417$143,434-$3,768,851
Interest-$1,204,363-$1,204,363
Fees for Services Management-$699,948-$699,948
Depreciation Depletion$585,843--$585,843
Other Expenses$301,934--$301,934
Payroll Taxes$290,182$11,568-$301,750
All Other Expenses$254,006$37,659-$291,665
Other Employee Benefits$267,675$21,356-$289,031
Occupancy$199,357--$199,357
Fees for Services Other$106,838$135-$106,973
Information Technology$81,949--$81,949
Insurance$5,785$53,465-$59,250
Travel$1,595$34,883-$36,478
Office Expenses$5,854$16,357-$22,211
Advertising$16,092--$16,092
Fees for Services Accounting-$15,500-$15,500
Fees for Services Legal-$7,875-$7,875
Pension Plan Contributions$5,087$14-$5,101
Total Functional Expenses$7,318,537$2,246,557$0$9,565,094

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,565,094
Total Expenses per Audited Statements$9,565,094
Total Expenses per Form 990$9,565,094
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
Salaries and Wages Payable$353,681
Accrued Interest Payable$48,931
Compensated Absences$47,002
Custodial Funds$40,538
Due to Management Company$35,629

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Louisiana Public Facilities Authority2011-12-15$9,960,000Provide funds for charter school acquisition in lake charles, louisiana
BThe Louisiana Public Facilities Authority2011-12-15$5,215,000Provide funds for charter school acquisition in lake charles, louisiana

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The foundation has hired a professional charter school management company to oversee the day to day operations of all schools owned by the foundation.”

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

“The form 990 is submitted to the management company and the board of directors for review. Amounts reflected on form 990 are reconciled to the foundation's audited financial statements and approved prior to submission.”

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

“The conflict of interest policy is monitored and enforced through the standards and provisions set forth by the calcasieu parish school district. Board members are required to disclose any possible conflicts of interest annually.”

Form 990, Part VI, Section C, Line 18

“The foundation's form 990 and form 1023 are available upon request to the management company. The form 990 can also be found on www.guidestar.com.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and audited financial statements are available to the public upon request to the management company.”

Filing and Contact Details

Filer

Filer Name
Lake Charles Charter Academy
EIN
27-3158582
Phone
3374757900
Address
3160 POWER CENTER PARKWAY, LAKE CHARLES, LA 70607

Signing Officer

Name
Ulysses Gene Thibodeaux Jd
Title
President
Phone
3374339403
Signed
2018-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ulysses Gene Thibodeaux
Formed
2010
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
KEEFE MCCULLOUGH & CO LLP CPA'S
Address
6550 N FEDERAL HIGHWAY SUITE 410, FT LAUDERDALE, FL 33308
Preparer
William G Benson
Phone
9547710896
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The foundation's governing board selects their auditor in compliance with the louisiana statues which require certain criteria to be followed in their request for proposal process. No changes have been implemented to this process over the past year.”

Form 990, Part XII, Line 3B

“An audit as required as set forth in the single audit act was performed.”

Raw XML AppendixShowing 400 of 527 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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IRS990/ActivityOrMissionDesc0THE FOUNDATION OWNS AND OPERATES LAKE CHARLES CHARTER ACADEMY IN THE LOUISIANA PARISH OF CALCASIEU. THE SCHOOL PROVIDES STUDENTS, FROM KINDERGARTEN TO EIGHTH (K-8) GRADE, WITH THE NECESSARY TOOLS AND SKILLS NEEDED TO DEVELOP SUPERIOR LEVELS OF ACHIEVEMENT.
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IRS990/MissionDesc0LAKE CHARLES CHARTER ACADEMY FOUNDATION, INC. IS A NON-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AND IS COMPRISED OF RESPECTED LEADERS IN THE LAKE CHARLES COMMUNITY THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE CITIZENS OF THE CALCASIEU PARISH.
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016357
IRS990/OfficeExpensesGrp/ProgramServicesAmt05854
IRS990/OfficeExpensesGrp/TotalAmt022211
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02867295
IRS990/OtherAssetsTotalGrp/EOYAmt02484165
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021356
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0267675
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0289031
IRS990/OtherExpensesGrp/Desc0PROGRAM MATERIALS
IRS990/OtherExpensesGrp/Desc1FOOD COSTS
IRS990/OtherExpensesGrp/Desc2STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0828956
IRS990/OtherExpensesGrp/ProgramServicesAmt1378290
IRS990/OtherExpensesGrp/ProgramServicesAmt2363677
IRS990/OtherExpensesGrp/ProgramServicesAmt3301934
IRS990/OtherExpensesGrp/TotalAmt0828956
IRS990/OtherExpensesGrp/TotalAmt1378290
IRS990/OtherExpensesGrp/TotalAmt2363677
IRS990/OtherExpensesGrp/TotalAmt3301934
IRS990/OtherLiabilitiesGrp/BOYAmt0412807
IRS990/OtherLiabilitiesGrp/EOYAmt0525781
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt026672
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt026672
IRS990/OtherRevenueTotalAmt026672
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0143434
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03625417
IRS990/OtherSalariesAndWagesGrp/TotalAmt03768851
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011568
IRS990/PayrollTaxesGrp/ProgramServicesAmt0290182
IRS990/PayrollTaxesGrp/TotalAmt0301750
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05087
IRS990/PensionPlanContributionsGrp/TotalAmt05101
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0154663
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144918
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025185
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031928
IRS990/PrincipalOfficerNm0ULYSSES GENE THIBODEAUX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTERCARE
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT LUNCHES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030002
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13794
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030002
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13794
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09622463
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0222
IRS990/PYOtherExpensesAmt05112212
IRS990/PYOtherRevenueAmt025804
IRS990/PYProgramServiceRevenueAmt032831
IRS990/PYRevenuesLessExpensesAmt0423542
IRS990/PYSalariesCompEmpBnftPaidAmt04145566
IRS990/PYTotalExpensesAmt09257778
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09681320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0937499
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt060468
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010363965
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01239506
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011603471
IRS990ScheduleD/EquipmentGrp/BookValueAmt0321531
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01442928
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01764459
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09565094
IRS990ScheduleD/LandGrp/BookValueAmt01254128
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01254128
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01394281
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111462
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21078422
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH AND CASH EQUIVALENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0353681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt148931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt247002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt335629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt440538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALARIES AND WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CUSTODIAL FUNDS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010502593
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011939624
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02484165
IRS990ScheduleD/TotalExpensesPerForm990Amt09565094
IRS990ScheduleD/TotalLiabilityAmt0525781
IRS990ScheduleD/TotalRevenuePerForm990Amt010502593
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010502593
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09565094
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 SCHOOL IS A PUBLIC CHARTER SCHOOL ORGANIZED UNDER LOUISIANA STATUTES. ALL NONDISCRIMINATORY POLICY INFORMATION IS AVAILABLE THROUGH VARIOUS SOURCES, INCLUDING PUBLIC ANNOUNCEMENTS, PUBLICATIONS AND ON THEIR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVED COMPENSATION FOR SERVICE IN THE FORM OF VARIOUS AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02011-12-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12011-12-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0720895871
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1720895871
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0546395Q35
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum1546398Q27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09960000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15215000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0THE LOUISIANA PUBLIC FACILITIES AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1THE LOUISIANA PUBLIC FACILITIES AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,489,609
Liabilities
$14,782,985
Net assets
$2,706,624
Revenue
$10,502,593
Expenses
$9,565,094
Net income
$937,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$67.2$52.8$14.4$40.5$39.7$0.83
2023Detailed filing. Detailed filing data is available for this year.$66.3$52.8$13.5$41.4$39.0$2.37
2022Detailed filing. Detailed filing data is available for this year.$22.4$15.2$7.21$16.1$14.8$1.22
2021Detailed filing. Detailed filing data is available for this year.$20.7$14.7$5.98$13.2$11.9$1.26
2020Detailed filing. Detailed filing data is available for this year.$19.1$14.4$4.73$12.1$12.4$0.36
2019Detailed filing. Detailed filing data is available for this year.$19.8$14.7$5.09$13.1$11.4$1.70
2018Detailed filing. Detailed filing data is available for this year.$17.9$14.6$3.39$10.7$9.98$0.68
2017Detailed filing. Detailed filing data is available for this year.$17.5$14.8$2.71$10.5$9.57$0.94
2016Detailed filing. Detailed filing data is available for this year.$17.5$15.7$1.77$9.68$9.26$0.42
2015Detailed filing. Detailed filing data is available for this year.$16.7$15.3$1.35$9.23$9.11$0.12
2014Detailed filing. Detailed filing data is available for this year.$16.8$15.6$1.23$9.14$9.00$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$15.7$1.09$7.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.04$0.26$0.07