Civic Intelligence

4Point0 Schools

990 • Fiscal year 2016 • EIN 27-3474661

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

Organization Profilewww.4pt0.org

View Organization Page

643 Magazine StreetNew Olreans, LA 70130

(504) 939-5932

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.02x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

88th percentile

35%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

90th percentile

$205,817

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

96th percentile

119%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

125%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$2,667,456

Up $1,447,873 (+119%) from 2015

Net Assets

Up

$2,573,462

Up $1,434,362 (+126%) from 2015

Liabilities

Up

$93,994

Up $13,511 (+17%) from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin88th percentile

Revenue

Up

$4,103,711

Up $2,280,003 (+125%) from 2015

Expenses

Up

$2,669,349

Up $876,704 (+49%) from 2015

Net Income

Up

$1,434,362

Up $1,403,299 (+4518%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$10M$5.0M$0Assets 2013: $1,425,936Liabilities 2013: $34,829Net Assets 2013: $1,391,1072013Assets 2014: $1,144,264Liabilities 2014: $36,227Net Assets 2014: $1,108,0372014Assets 2015: $1,219,583Liabilities 2015: $80,483Net Assets 2015: $1,139,1002015Assets 2016: $2,667,456Liabilities 2016: $93,994Net Assets 2016: $2,573,4622016Assets 2017: $4,780,900Liabilities 2017: $158,593Net Assets 2017: $4,622,3072017Assets 2018: $3,111,001Liabilities 2018: $145,444Net Assets 2018: $2,965,5572018Assets 2019: $6,688,579Liabilities 2019: $79,456Net Assets 2019: $6,609,1232019Assets 2020: $8,390,839Liabilities 2020: $415,027Net Assets 2020: $7,975,8122020Assets 2021: $9,724,702Liabilities 2021: $256,381Net Assets 2021: $9,468,3212021Assets 2022: $8,053,373Liabilities 2022: $144,793Net Assets 2022: $7,908,5802022Assets 2023: $4,759,244Liabilities 2023: $198,385Net Assets 2023: $4,560,8592023Assets 2024: $3,908,035Liabilities 2024: $123,852Net Assets 2024: $3,784,1832024

Highlighted filing

2016

Assets$2,667,456
Liabilities$93,994
Net Assets$2,573,462
Open 2016 Filing

Operations Trend

Revenue Growth95th percentile

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

$10M$5.0M$0-$5.0MExpenses 2013: $1,443,3422013Revenue 2014: $1,042,600Expenses 2014: $1,325,670Net Income 2014: -$283,0702014Revenue 2015: $1,823,708Expenses 2015: $1,792,645Net Income 2015: $31,0632015Revenue 2016: $4,103,711Expenses 2016: $2,669,349Net Income 2016: $1,434,3622016Revenue 2017: $4,334,961Expenses 2017: $2,286,116Net Income 2017: $2,048,8452017Revenue 2018: $1,428,883Expenses 2018: $3,085,633Net Income 2018: -$1,656,7502018Revenue 2019: $6,237,596Expenses 2019: $2,594,030Net Income 2019: $3,643,5662019Revenue 2020: $4,503,512Expenses 2020: $3,136,823Net Income 2020: $1,366,6892020Revenue 2021: $6,283,360Expenses 2021: $4,790,851Net Income 2021: $1,492,5092021Revenue 2022: $2,366,939Expenses 2022: $3,926,680Net Income 2022: -$1,559,7412022Revenue 2023: $1,585,879Expenses 2023: $4,933,600Net Income 2023: -$3,347,7212023Revenue 2024: $3,572,327Expenses 2024: $4,344,482Net Income 2024: -$772,1552024

Highlighted filing

2016

Revenue$4,103,711
Expenses$2,669,349
Net Income$1,434,362
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$4,103,711
Mission and Program Overview

Mission

Provide training, investment and start-up support to new and existing organizations dedicated to improving schooling in the southeastern united states

Provide training, investment, and start-up support to new and existing organizations dedicated to improving schooling in the southeastern united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$4,493$1,366,671▲ $1,362,178
Cash and Non-Interest-Bearing Accounts$1,181,792$1,245,918▲ $64,126
Prepaid Expenses and Deferred Charges$26,214$40,484▲ $14,270
Land, Buildings, and Equipment, Net$1,634$8,933▲ $7,299
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,219,583$2,667,456▲ $1,447,873
Other Assets Total$5,450$5,450→ $0
Liabilities
Accounts Payable and Accrued Expenses$80,483$93,994▲ $13,511
Total Liabilities$80,483$93,994▲ $13,511
Net Assets / Fund Balance
Temporarily Rstr Net Assets$163,540$1,696,669▲ $1,533,129
Unrestricted Net Assets$975,560$876,793▼ $98,767
Total Net Assets Fund Balance$1,139,100$2,573,462▲ $1,434,362
Total Liabilities and Net Assets / Fund Balance$1,219,583$2,667,456▲ $1,447,873

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,908$1,205$9,113
Leasehold Improvements$1,025-$1,025
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine BeckCOOFT$139,587$9,660$149,247
Matthew CandlerCEOFT$180,988$24,829$24,829

Board Members and Trustees

NameTitle
Alex HernandezDirector
Beth AndersonDirector
Frederick HessDirector
James EustisDirector
Ken CampbellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,950,087
Program Service Revenue
$153,624
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,950,087
Change in Net Assets
$1,434,362

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,103,711
Total Revenue per Audited Statements
$4,103,711
Total Revenue per Form 990
$4,103,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,169,674
Other Expenses$1,132,175
Grants and Similar Amounts Paid$367,500
Total Fundraising Expense$90,343
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$687,289$8,050-$695,339
Fees for Services Other$224,761$105,093$26,615$356,469
Current Officers, Directors, Trustees, and Key Employees$282,657$20,997$41,993$345,647
Grants to Domestic Orgs$341,500--$341,500
Occupancy$149,177$60,750$15,511$225,438
Travel$123,362$21,219$434$145,015
Payroll Taxes$68,316$1,614$1,996$71,926
All Other Expenses$55,758$9,682$1,338$66,778
Other Employee Benefits$54,127$2,635-$56,762
Office Expenses$3,088$43,330-$46,418
Grants to Domestic Individuals$26,000--$26,000
Insurance$2,305$23,482-$25,787
Advertising$24,528$321-$24,849
Information Technology$10,233$13,063$86$23,382
Other Expenses$250$20,051$2,305$20,301
Conferences and Meetings$10,411--$10,411
Depreciation Depletion-$1,205-$1,205
Total Functional Expenses$2,236,890$342,116$90,343$2,669,349

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,669,349
Total Expenses per Audited Statements$2,669,349
Total Expenses per Form 990$2,669,349
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lean LabsKansas City, MO501c3Support education entrepreneurs$205,000
NOLA Micro SchoosNew Orleans, LA501c3General support$100,000
Algiers Charter School AssocNew Orleans, LA501c3General support$10,000
K12 Lean LabBirmingham, AL501c3General support$10,000
Fellowship for Race & EquityWashington, DC501c3General support$7,500
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“tax return is provided to each board member electronically with a request for comments and questions prior to filing”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“ceo and business manager consider conflict of interest as parrt of the review process for all transactions and contracts. policy is reviewed annually and related businesses and / or possible conflicts are disclosed at the beginning of each fiscal year.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request and submitted electronically or physically.”

Filing and Contact Details

Filer

Filer Name
4point0 Schools
EIN
27-3474661
Phone
5049395932
Address
643 Magazine Street, New Olreans, LA 70130

Signing Officer

Name
Matthew Candler
Title
CEO
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Candler
Formed
2010
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
12

Preparer

Firm
John Wyatte Foard LLC
Address
1110 MILAN STREET, NEW ORLEANS, LA 70115
Preparer
John Foard
Phone
5043225437
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES 6: Outreach develops and engages external partners and community resources to support program participants and alumni, facilitates community through communication and outreach events, plans and executes the Annual Summit and 4.0 participation's in New Orleans Entrepreneurs' Week (NOEW), trains and supports program participants to develop external communication strategies for new ventures OTHER PROGRAM SERVICES 7: Various other programs and initiatives to accomplish the Organization's mission OTHER PROGRAM SERVICES 8: Essentials is an intensive, three-day workshop where we teach aspiring entrepreneurs to precisely define the problem they're trying to solve. OTHER PROGRAM SERVICES 9: Tiny Fellowships - a self-paced, opt-in program that provides early-stage entrepreneurs with the coaching, capital, and community they need to validate and test a week to a semester-long pilot of their new school or learning space without quitting their day jobs OTHER PROGRAM SERVICES 10:”

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization recognizes the tax benefit from uncertain tax positions only if it is "more likely than not" the tax position will be sustained on examination by the taxing authorities. To the extent the organization's assessment of such tax positions change, the change will be recorded in the period in which the determination is made. No adjustments were required for the period ended June 30, 2016.”

Raw XML AppendixShowing 400 of 534 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt080483
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt093994
IRS990/AccountsReceivableGrp/BOYAmt04493
IRS990/AccountsReceivableGrp/EOYAmt01366671
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide training, investment, and start-up support to new and existing organizations dedicated to improving schooling in the southeastern united states.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0321
IRS990/AdvertisingGrp/ProgramServicesAmt024528
IRS990/AdvertisingGrp/TotalAmt024849
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt03950087
IRS990/AllOtherExpensesGrp/FundraisingAmt01338
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09682
IRS990/AllOtherExpensesGrp/ProgramServicesAmt055758
IRS990/AllOtherExpensesGrp/TotalAmt066778
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Melissa Carollo
IRS990/BooksInCareOfDetail/PhoneNum05048131607
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0643 Magazine Street Suite 206
IRS990/BooksInCareOfDetail/USAddress/CityNm0New Orleans
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070130
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01181792
IRS990/CashNonInterestBearingGrp/EOYAmt01245918
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt041993
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt020997
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0282657
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0345647
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt010411
IRS990/ConferencesMeetingsGrp/TotalAmt010411
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03950087
IRS990/CYGrantsAndSimilarPaidAmt0367500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01132175
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0153624
IRS990/CYRevenuesLessExpensesAmt01434362
IRS990/CYSalariesCompEmpBnftPaidAmt01169674
IRS990/CYTotalExpensesAmt02669349
IRS990/CYTotalFundraisingExpenseAmt090343
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04103711
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01205
IRS990/DepreciationDepletionGrp/TotalAmt01205
IRS990/Desc0Community Catalysts are local leaders with a passion for education and a commitment to building the future of school. Through this initiative, we train and support these organizations to scale 4.0 programs and build vibrant, innovative, local education startup communities.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0351744
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt026615
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0105093
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0224761
IRS990/FeesForServicesOtherGrp/TotalAmt0356469
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt524829
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt69660
IRS990/Form990PartVIISectionAGrp/PersonNm0Alex Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm1James Eustis
IRS990/Form990PartVIISectionAGrp/PersonNm2Frederick Hess
IRS990/Form990PartVIISectionAGrp/PersonNm3Ken Campbell
IRS990/Form990PartVIISectionAGrp/PersonNm4Beth Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm5Matthew Candler
IRS990/Form990PartVIISectionAGrp/PersonNm6Katherine Beck
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5180988
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6139587
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6COO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0226500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt026000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt026000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0341500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0341500
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04103711
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt086
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013063
IRS990/InformationTechnologyGrp/ProgramServicesAmt010233
IRS990/InformationTechnologyGrp/TotalAmt023382
IRS990/InsuranceGrp/ManagementAndGeneralAmt023482
IRS990/InsuranceGrp/ProgramServicesAmt02305
IRS990/InsuranceGrp/TotalAmt025787
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt053
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01205
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01634
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08933
IRS990/LandBldgEquipCostOrOtherBssAmt010138
IRS990/LegalDomicileStateCd0LA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide training, investment, and start-up support to new and existing organizations dedicated to improving schooling in the southeastern united states.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01139100
IRS990/NetAssetsOrFundBalancesEOYAmt02573462
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt015511
IRS990/OccupancyGrp/ManagementAndGeneralAmt060750
IRS990/OccupancyGrp/ProgramServicesAmt0149177
IRS990/OccupancyGrp/TotalAmt0225438
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt043330
IRS990/OfficeExpensesGrp/ProgramServicesAmt03088
IRS990/OfficeExpensesGrp/TotalAmt046418
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt05450
IRS990/OtherAssetsTotalGrp/EOYAmt05450
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02635
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt054127
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056762
IRS990/OtherExpensesGrp/Desc0meals and entertainment
IRS990/OtherExpensesGrp/Desc1event facilitation
IRS990/OtherExpensesGrp/Desc2Telephone & data services
IRS990/OtherExpensesGrp/Desc3Repairs & maintenance
IRS990/OtherExpensesGrp/FundraisingAmt065
IRS990/OtherExpensesGrp/FundraisingAmt12305
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08650
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11974
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220051
IRS990/OtherExpensesGrp/ProgramServicesAmt088396
IRS990/OtherExpensesGrp/ProgramServicesAmt161236
IRS990/OtherExpensesGrp/ProgramServicesAmt223496
IRS990/OtherExpensesGrp/ProgramServicesAmt3250
IRS990/OtherExpensesGrp/TotalAmt097111
IRS990/OtherExpensesGrp/TotalAmt161236
IRS990/OtherExpensesGrp/TotalAmt227775
IRS990/OtherExpensesGrp/TotalAmt320301
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08050
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0687289
IRS990/OtherSalariesAndWagesGrp/TotalAmt0695339
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01996
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01614
IRS990/PayrollTaxesGrp/ProgramServicesAmt068316
IRS990/PayrollTaxesGrp/TotalAmt071926
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026214
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040484
IRS990/PrincipalOfficerNm0Matthew Candler
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/Desc0Co-working fees
IRS990/ProgramServiceRevenueGrp/Desc1Professional development
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1107324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1107324
IRS990/ProgSrvcAccomActy2Grp/Desc0Launch is a 90-day immersive experience where entrepreneurs attend classes led by nationally respected Entrepreneurs in Residence and 4.0 experts and constantly refine the prototypes they started after Essentials. They test their venture in real time with students, families, and teachers at New Orleans and New York schools and education organizations. By the end of the sequence, participants bring new products, services, and school models to market.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0304758
IRS990/ProgSrvcAccomActy2Grp/GrantAmt020000
IRS990/ProgSrvcAccomActy3Grp/Desc0Startup Weekend Education is an entrepreneur's introduction to the 4.0 training pipeline. Working with local volunteer organizers across the country, we host these 54-hour hackathons to give educators and others a launch pad to pitch ideas then rapidly prototype a product or school design with actual human beings - all within one weekend.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0235759
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01769500
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01035114
IRS990/PYOtherRevenueAmt012350
IRS990/PYProgramServiceRevenueAmt041858
IRS990/PYRevenuesLessExpensesAmt031063
IRS990/PYSalariesCompEmpBnftPaidAmt0757531
IRS990/PYTotalExpensesAmt01792645
IRS990/PYTotalRevenueAmt01823708
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01434362
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: During the year ended June 30, 2016, the Organization received a multi-year grant. The Organization typically does not apply for grants spanning over multiple years. Under the current method of accounting (the accrual basis), the entire amount of the grant was recognized. Additionally, the Organization maintains its public charity status under the facts and circumstances test because its public support is 10% or more of its total support. The Organization has a plan for attracting future support from a more diverse group of donors.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03950087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01769500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0996600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02604372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01112433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010432992
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07815
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.30970
IRS990ScheduleA/PublicSupportTotal170Amt03230654
IRS990ScheduleA/SubstantialContributorsTotAmt07202338
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03950087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01769500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0996600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02604372
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01112433
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010432992
IRS990ScheduleA/TotalSupportAmt010432992
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt02669349
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01025
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01025
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01205
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09113
IRS990ScheduleD/RevenueSubtotalAmt04103711
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization recognizes the tax benefit from uncertain tax positions only if it is "more likely than not" the tax position will be sustained on examination by the taxing authorities. To the extent the organization's assessment of such tax positions change, the change will be recorded in the period in which the determination is made. No adjustments were required for the period ended June 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08933
IRS990ScheduleD/TotalExpensesPerForm990Amt02669349
IRS990ScheduleD/TotalRevenuePerForm990Amt04103711
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04103711
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02669349
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt026000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Pitch Awards
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt17500
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt3205000
IRS990ScheduleI/RecipientTable/CashGrantAmt4100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Support education entrepreneurs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Algiers Charter School Assoc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Fellowship for Race & Equity
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2K12 Lean Lab
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Lean Labs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4NOLA Micro Schoos
IRS990ScheduleI/RecipientTable/RecipientEIN0203737902

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,667,456
Liabilities
$93,994
Net assets
$2,573,462
Revenue
$4,103,711
Expenses
$2,669,349
Net income
$1,434,362
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.12$3.78$3.57$4.34$0.77
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.76$0.20$4.56$1.59$4.93$3.35
2022Detailed filing. Detailed filing data is available for this year.$8.05$0.14$7.91$2.37$3.93$1.56
2021Detailed filing. Detailed filing data is available for this year.$9.72$0.26$9.47$6.28$4.79$1.49
2020Detailed filing. Detailed filing data is available for this year.$8.39$0.42$7.98$4.50$3.14$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$0.08$6.61$6.24$2.59$3.64
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.15$2.97$1.43$3.09$1.66
2017Detailed filing. Detailed filing data is available for this year.$4.78$0.16$4.62$4.33$2.29$2.05
2016Detailed filing. Detailed filing data is available for this year.$2.67$0.09$2.57$4.10$2.67$1.43
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.08$1.14$1.82$1.79$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.04$1.11$1.04$1.33$0.28
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.03$1.39$1.44