Civic Intelligence

Foundation for Louisiana Students University View Academy

990 • Fiscal year 2018 • EIN 27-4876851

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

4664 Jamestown Avenue No 100Baton Rouge, LA 70808

(225) 421-2900

Siviq Scores

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

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

0.06x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

59th percentile

$204,714

Higher top officer pay than 59% of similar nonprofits.

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

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

Asset Growth

97th percentile

102%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

60th percentile

7.5%

Faster revenue growth than 60% of similar nonprofits.

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

Assets

Up

$12,136,073

Up $6,115,353 (+102%) from 2017

Net Assets

Up

$10,702,906

Up $5,849,133 (+121%) from 2017

Liabilities

Up

$1,433,167

Up $266,220 (+23%) from 2017

Revenue

Up

$22,790,561

Up $1,588,873 (+7.5%) from 2017

Expenses

Down

$16,941,428

Down $4,343,973 (-20%) from 2017

Net Income

Up

$5,849,133

Up $5,932,846 (+7087%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2012: $1,233,103Liabilities 2012: $356,606Net Assets 2012: $876,4972012Assets 2013: $3,327,807Liabilities 2013: $1,103,787Net Assets 2013: $2,224,0202013Assets 2014: $3,977,996Liabilities 2014: $1,157,380Net Assets 2014: $2,820,6162014Assets 2015: $5,928,213Liabilities 2015: $1,721,823Net Assets 2015: $4,206,3902015Assets 2016: $8,202,017Liabilities 2016: $3,264,531Net Assets 2016: $4,937,4862016Assets 2017: $6,020,720Liabilities 2017: $1,166,947Net Assets 2017: $4,853,7732017Assets 2018: $12,136,073Liabilities 2018: $1,433,167Net Assets 2018: $10,702,9062018Assets 2019: $14,567,769Liabilities 2019: $1,973,212Net Assets 2019: $12,594,5572019Assets 2020: $16,362,165Liabilities 2020: $2,594,886Net Assets 2020: $13,767,2792020Assets 2021: $21,702,876Liabilities 2021: $1,647,459Net Assets 2021: $20,055,4172021Assets 2022: $32,124,617Liabilities 2022: $2,351,140Net Assets 2022: $29,773,4772022Assets 2023: $39,213,685Liabilities 2023: $3,412,986Net Assets 2023: $35,800,6992023Assets 2024: $43,252,599Liabilities 2024: $3,594,535Net Assets 2024: $39,658,0642024Assets 2025: $46,297,024Liabilities 2025: $3,325,802Net Assets 2025: $42,971,2222025

Highlighted filing

2018

Assets$12,136,073
Liabilities$1,433,167
Net Assets$10,702,906

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2012: $4,367,6672012Expenses 2013: $9,501,4472013Revenue 2014: $11,001,043Expenses 2014: $10,404,447Net Income 2014: $596,5962014Revenue 2015: $16,526,434Expenses 2015: $15,140,660Net Income 2015: $1,385,7742015Revenue 2016: $19,830,912Expenses 2016: $19,099,816Net Income 2016: $731,0962016Revenue 2017: $21,201,688Expenses 2017: $21,285,401Net Income 2017: -$83,7132017Revenue 2018: $22,790,561Expenses 2018: $16,941,428Net Income 2018: $5,849,1332018Revenue 2019: $30,386,288Expenses 2019: $28,494,637Net Income 2019: $1,891,6512019Revenue 2020: $33,197,898Expenses 2020: $32,025,176Net Income 2020: $1,172,7222020Revenue 2021: $38,265,312Expenses 2021: $31,977,174Net Income 2021: $6,288,1382021Revenue 2022: $45,344,778Expenses 2022: $35,626,718Net Income 2022: $9,718,0602022Revenue 2023: $46,316,590Expenses 2023: $40,289,368Net Income 2023: $6,027,2222023Revenue 2024: $49,713,713Expenses 2024: $45,856,348Net Income 2024: $3,857,3652024Revenue 2025: $50,548,458Expenses 2025: $47,235,300Net Income 2025: $3,313,1582025

Highlighted filing

2018

Revenue$22,790,561
Expenses$16,941,428
Net Income$5,849,133
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$22,790,561
Mission and Program Overview

Mission

Operate a public charter school leveraging technology to help each participating student maximize his or her potential and meet the highest performance standards. This mission is accomplished through a uniquely individualized learning program that combines the best in virtual education with unique technology-based teacher productivity tools and very real connections among students, family, teachers and the community. Understanding, engaging, and empowering each unique student for a career, for college, and beyond.

Operate a public charter school leveraging technology to help students maximize their potential and meet the highest performance standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,110,928$5,994,449▲ $3,883,521
Land, Buildings, and Equipment, Net$3,345,997$4,996,193▲ $1,650,196
Accounts Receivable$423,966$1,139,212▲ $715,246
Prepaid Expenses and Deferred Charges$135,000$1,250▼ $133,750
Total Assets$6,020,720$12,136,073▲ $6,115,353
Other Assets Total$4,829$4,969▲ $140
Liabilities
Accounts Payable and Accrued Expenses$1,166,947$1,433,167▲ $266,220
Total Liabilities$1,166,947$1,433,167▲ $266,220
Net Assets / Fund Balance
Unrestricted Net Assets$4,853,773$10,702,906▲ $5,849,133
Total Net Assets Fund Balance$4,853,773$10,702,906▲ $5,849,133
Total Liabilities and Net Assets / Fund Balance$6,020,720$12,136,073▲ $6,115,353

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,867,380$297,382$4,164,762
Land$1,080,607-$1,080,607
Equipment$48,206$282,302$330,508
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alonzo LuceSuperintendentFT$187,000$17,714$204,714
Robert LoganAssociate SuperintendentFT$115,819-$115,819
Mark GambleCFOFT$107,114-$107,114

Board Members and Trustees

NameTitle
Wade HendersonPresident
John PriceBoard Member
Linda HollidayBoard Member
Michael HowesBoard Member
Serge RazafindrakotoBoard Member
Gail Russell HawkesSecretary
Amy PhillipsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Leverage Marketing 3 Group LLPDigital4022 S RAMSEY DRIVE, Baton Rouge, LA 70808$450,231
Revenue and Support

Revenue Composition

Contributions and Grants
$22,757,063
Program Service Revenue
$0
Investment Income
$42
Other Revenue
$33,456
All Other Contributions
$1,320
Change in Net Assets
$5,849,133

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,790,561
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$22,790,561
Total Revenue per Form 990
$22,790,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,863,796
Other Expenses$7,077,632
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,678,125$1,658,365-$7,336,490
Other Employee Benefits$1,073,106$204,962-$1,278,068
Payroll Taxes$449,632$140,019-$589,651
Current Officers, Directors, Trustees, and Key Employees$427,647--$427,647
Travel$302,784$45,840-$348,624
Office Expenses-$299,232-$299,232
Occupancy-$296,464-$296,464
Advertising-$294,886-$294,886
All Other Expenses$138,794$93,845-$232,639
Pension Plan Contributions$135,768$96,172-$231,940
Other Expenses$94,200$122,067-$216,267
Depreciation Depletion-$157,710-$157,710
Information Technology-$31,637-$31,637
Fees for Services Legal-$30,470-$30,470
Insurance-$10,519-$10,519
Total Functional Expenses$12,578,685$4,362,743$0$16,941,428

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,941,428
Total Expenses per Audited Statements$16,941,428
Total Expenses per Form 990$16,941,428
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 other committees with authority to act on behalf of the board of directors.

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

A copy of the final draft of the 990 is available to all voting members of the board to review before it is signed and submitted to the internal revenue service. Each board member is notified and an electronic copy is available upon request.

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

All officers, directors and employees are required to comply with the conflict of interest policy. The conflict of interest policy is signed annually by each director and principal officer and is periodically reviewed.

Form 990, Part VI, Section B, Line 15

Human resources personnel conduct a review of salaries for similar positions for key employees of the school, which is used by the school leader to determine salaries that are then approved by the board.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Foundation for Louisiana Students
EIN
27-4876851
Phone
2254212900
Address
4664 JAMESTOWN AVENUE NO 100, BATON ROUGE, LA 70808
Doing Business As
University View Academy

Signing Officer

Name
Wade Henderson
Title
President
Phone
2254212900
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wade Henderson
Formed
2009
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
192
Volunteers
7

Preparer

Firm
Wegmann Dazet & Company Apc
Address
111 VETERANS BLVD SUITE 800, METAIRIE, LA 70005
Preparer
Kerney F Craft Jr
Phone
5048378844
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process used by the committee that assumes oversight of the audit has not changed since the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting standards provide detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in an entity's financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. As of june 30, 2018, management of the school believes that it has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. With few exceptions, the school is not subject to u.s. Federal and state income tax examinations by tax authorities beyond three years from the filing of those returns.

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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0296464
IRS990/OccupancyGrp/TotalAmt0296464
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0299232
IRS990/OfficeExpensesGrp/TotalAmt0299232
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04829
IRS990/OtherAssetsTotalGrp/EOYAmt04969
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0204962
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01073106
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01278068
IRS990/OtherExpensesGrp/Desc0SERVICES - COMMUNICATIO
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL AND TECHNI
IRS990/OtherExpensesGrp/Desc2TEXTS & INSTRUCTIONAL M
IRS990/OtherExpensesGrp/Desc3RENTAL OF EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt085904
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1794651
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2122067
IRS990/OtherExpensesGrp/ProgramServicesAmt01687850
IRS990/OtherExpensesGrp/ProgramServicesAmt1950734
IRS990/OtherExpensesGrp/ProgramServicesAmt21640045
IRS990/OtherExpensesGrp/ProgramServicesAmt394200
IRS990/OtherExpensesGrp/TotalAmt01773754
IRS990/OtherExpensesGrp/TotalAmt11745385
IRS990/OtherExpensesGrp/TotalAmt21640045
IRS990/OtherExpensesGrp/TotalAmt3216267
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01658365
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05678125
IRS990/OtherSalariesAndWagesGrp/TotalAmt07336490
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0140019
IRS990/PayrollTaxesGrp/ProgramServicesAmt0449632
IRS990/PayrollTaxesGrp/TotalAmt0589651
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt096172
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0135768
IRS990/PensionPlanContributionsGrp/TotalAmt0231940
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0135000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01250
IRS990/PrincipalOfficerNm0WADE HENDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021159434
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt083
IRS990/PYOtherExpensesAmt012607866
IRS990/PYOtherRevenueAmt042171
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-83713
IRS990/PYSalariesCompEmpBnftPaidAmt08677535
IRS990/PYTotalExpensesAmt021285401
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt021201688
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt05849133
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt033456
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03867380
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0297382
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04164762
IRS990ScheduleD/EquipmentGrp/BookValueAmt048206
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0282302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0330508
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt016941428
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01080607
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01080607
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt022790561
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2018, MANAGEMENT OF THE SCHOOL BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SCHOOL IS NOT SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES BEYOND THREE YEARS FROM THE FILING OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04996193
IRS990ScheduleD/TotalExpensesPerForm990Amt016941428
IRS990ScheduleD/TotalRevenuePerForm990Amt022790561
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt022790561
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016941428
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 NONDISCRIMINATORY POLICY IS PUBLISHED ON THE CONNECTIONS ACADEMY WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT OFFER SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. THE ORGANIZATION DOES NOT SOLICIT CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVED FUNDING FROM THE LOUISIANA DEPARTMENT OF EDUCATION AND THE UNITED STATES DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0187000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount010500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt07214
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ALONZO LUCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SUPERINTENDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0204714
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FOUNDATION FOR LOUISIANA STUDENTS HAS A BOARD APPROVED SALARY SCHEDULE FOR THE POSITIONS OF EXECUTIVE DIRECTOR, CFO, AND OTHER SIMILAR POSITIONS. THE SUPERINTENDENT POSITION HAS A BOARD-APPROVED, WRITTEN EMPLOYMENT CONTRACT.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FINAL DRAFT OF THE 990 IS AVAILABLE TO ALL VOTING MEMBERS OF THE BOARD TO REVIEW BEFORE IT IS SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. EACH BOARD MEMBER IS NOTIFIED AND AN ELECTRONIC COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY EACH DIRECTOR AND PRINCIPAL OFFICER AND IS PERIODICALLY REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HUMAN RESOURCES PERSONNEL CONDUCT A REVIEW OF SALARIES FOR SIMILAR POSITIONS FOR KEY EMPLOYEES OF THE SCHOOL, WHICH IS USED BY THE SCHOOL LEADER TO DETERMINE SALARIES THAT ARE THEN APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS USED BY THE COMMITTEE THAT ASSUMES OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0LA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06020720
IRS990/TotalAssetsEOYAmt012136073
IRS990/TotalAssetsGrp/BOYAmt06020720
IRS990/TotalAssetsGrp/EOYAmt012136073
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt022757063
IRS990/TotalEmployeeCnt0192
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04362743
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt012578685
IRS990/TotalFunctionalExpensesGrp/TotalAmt016941428
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01166947
IRS990/TotalLiabilitiesEOYAmt01433167
IRS990/TotalLiabilitiesGrp/BOYAmt01166947
IRS990/TotalLiabilitiesGrp/EOYAmt01433167

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$46.3$3.33$43.0$50.5$47.2$3.31
2024Detailed filing. Detailed filing data is available for this year.$43.3$3.59$39.7$49.7$45.9$3.86
2023Detailed filing. Detailed filing data is available for this year.$39.2$3.41$35.8$46.3$40.3$6.03
2022Detailed filing. Detailed filing data is available for this year.$32.1$2.35$29.8$45.3$35.6$9.72
2021Detailed filing. Detailed filing data is available for this year.$21.7$1.65$20.1$38.3$32.0$6.29
2020Detailed filing. Detailed filing data is available for this year.$16.4$2.59$13.8$33.2$32.0$1.17
2019Detailed filing. Detailed filing data is available for this year.$14.6$1.97$12.6$30.4$28.5$1.89
2018Detailed filing. Detailed filing data is available for this year.$12.1$1.43$10.7$22.8$16.9$5.85
2017Detailed filing. Detailed filing data is available for this year.$6.02$1.17$4.85$21.2$21.3$0.08
2016Detailed filing. Detailed filing data is available for this year.$8.20$3.26$4.94$19.8$19.1$0.73
2015Detailed filing. Detailed filing data is available for this year.$5.93$1.72$4.21$16.5$15.1$1.39
2014Detailed filing. Detailed filing data is available for this year.$3.98$1.16$2.82$11.0$10.4$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$1.10$2.22$9.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.36$0.88$4.37