Civic Intelligence

Academie Lafayette

990 • Fiscal year 2015 • EIN 43-1824141

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

6903 Oak StreetKansas City, MO 64113

(816) 361-7735

Siviq Scores

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

Liabilities / Assets

69th percentile

0.47x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.37x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

77th percentile

17%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$122,826

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

93rd percentile

41%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

20%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,975,599

Up $2,619,879 (+41%) from 2014

Net Assets

Up

$4,751,610

Up $1,950,114 (+70%) from 2014

Liabilities

Up

$4,223,989

Up $669,765 (+19%) from 2014

Revenue

Up

$11,316,843

Up $1,916,940 (+20%) from 2014

Expenses

Up

$9,366,729

Up $747,898 (+8.7%) from 2014

Net Income

Up

$1,950,114

Up $1,169,042 (+150%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $3,716,792Liabilities 2011: $2,380,225Net Assets 2011: $1,336,5672011Assets 2012: $4,918,595Liabilities 2012: $3,464,313Net Assets 2012: $1,454,2822012Assets 2013: $5,684,717Liabilities 2013: $3,664,293Net Assets 2013: $2,020,4242013Assets 2014: $6,355,720Liabilities 2014: $3,554,224Net Assets 2014: $2,801,4962014Assets 2015: $8,975,599Liabilities 2015: $4,223,989Net Assets 2015: $4,751,6102015Assets 2016: $9,726,878Liabilities 2016: $4,628,459Net Assets 2016: $5,098,4192016Assets 2017: $9,741,079Liabilities 2017: $4,458,544Net Assets 2017: $5,282,5352017Assets 2018: $15,056,976Liabilities 2018: $9,312,446Net Assets 2018: $5,744,5302018Assets 2019: $15,176,595Liabilities 2019: $9,137,636Net Assets 2019: $6,038,9592019Assets 2020: $16,991,928Liabilities 2020: $10,760,309Net Assets 2020: $6,231,6192020Assets 2021: $17,489,585Liabilities 2021: $8,986,308Net Assets 2021: $8,503,2772021Assets 2022: $16,850,583Liabilities 2022: $8,581,381Net Assets 2022: $8,269,2022022Assets 2023: $17,087,686Liabilities 2023: $8,176,658Net Assets 2023: $8,911,0282023Assets 2024: $18,404,671Liabilities 2024: $7,775,630Net Assets 2024: $10,629,0412024

Highlighted filing

2015

Assets$8,975,599
Liabilities$4,223,989
Net Assets$4,751,610

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $6,352,6052011Expenses 2012: $7,409,7912012Expenses 2013: $8,217,4442013Revenue 2014: $9,399,903Expenses 2014: $8,618,831Net Income 2014: $781,0722014Revenue 2015: $11,316,843Expenses 2015: $9,366,729Net Income 2015: $1,950,1142015Revenue 2016: $10,766,133Expenses 2016: $10,419,324Net Income 2016: $346,8092016Revenue 2017: $10,678,746Expenses 2017: $10,494,630Net Income 2017: $184,1162017Revenue 2018: $11,528,142Expenses 2018: $10,651,033Net Income 2018: $877,1092018Revenue 2019: $12,784,749Expenses 2019: $12,488,567Net Income 2019: $296,1822019Revenue 2020: $12,795,135Expenses 2020: $12,598,268Net Income 2020: $196,8672020Revenue 2021: $15,520,106Expenses 2021: $13,246,921Net Income 2021: $2,273,1852021Revenue 2022: $15,642,987Expenses 2022: $15,875,192Net Income 2022: -$232,2052022Revenue 2023: $18,094,027Expenses 2023: $17,450,394Net Income 2023: $643,6332023Revenue 2024: $21,415,838Expenses 2024: $19,697,112Net Income 2024: $1,718,7262024

Highlighted filing

2015

Revenue$11,316,843
Expenses$9,366,729
Net Income$1,950,114
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$11,399,108
Mission and Program Overview

Mission

Academie lafayette is a national leader in language immersion and global studies education, empowering our students to reach their full potential and make a difference in the world. Our mission is to educate the children of kansas city to become globally minded, locally active, critical thinkers through immersion in world languages and cultures.

Academie lafayette is a national leader in language immersion and global studies education, empowering our students to reach their full potential and make a difference in the world. Our values are excellance, the joy of learning, a caring community, character, diversity, accountability and transparency. We provide a rigorous academic program in a supportive and engaging environment as reflected in standardized test scores that surpass state averages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,654,625$6,127,762▲ $1,473,137
Savings and Temporary Cash Investments-$1,405,644-
Cash and Non-Interest-Bearing Accounts$1,451,804$1,129,784▼ $322,020
Investments in Publicly Traded Securities$185,391$248,757▲ $63,366
Intangible Assets$63,900$57,402▼ $6,498
Total Assets$6,355,720$8,975,599▲ $2,619,879
Other Assets Total-$6,250-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,526,189$4,185,480▲ $659,291
Accounts Payable and Accrued Expenses$28,035$38,509▲ $10,474
Total Liabilities$3,554,224$4,223,989▲ $669,765
Net Assets / Fund Balance
Unrestricted Net Assets$2,228,187$3,472,713▲ $1,244,526
Temporarily Rstr Net Assets$573,309$1,278,897▲ $705,588
Total Net Assets Fund Balance$2,801,496$4,751,610▲ $1,950,114
Total Liabilities and Net Assets / Fund Balance$6,355,720$8,975,599▲ $2,619,879

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,505,407$1,086,257$6,591,664
Equipment$372,655$707,931$1,080,586
Land$249,700-$249,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elimane MbengueHead of SchoFT$113,426$9,400$122,826

Board Members and Trustees

NameTitle
Chad PhillipsPresident
David CozadDirector
Harriett PlowmanDirector
Margaret AndersonDirector
Mark FlavinDirector
Michael ZellerDirector
Pam GardDirector
Tracey LewisDirector
Jon OttoSecretary
Marvin LymanVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Della LambTransportation500 WOODLAND AVE, Kansas City, MO 64106$631,666
C&r EnterpriseCustodian7615 SYCAMORE AVE, Kansas City, MO 64138$178,425
Diggs Construction LLCConstruction1001 E 101ST TERRACE, Kansas City, MO 64131$169,698
Martin Mechanical CorporationRepairs & Maint1419 E 19TH STREET, Kansas City, MO 64108$161,702
Guadalupe Centers INCFood Service1015 AVENIDA CESAR E CHAVEZ, Kansas City, MO 64108$133,459
Revenue and Support

Revenue Composition

Contributions and Grants
$1,785,749
Program Service Revenue
$9,337,872
Investment Income
$6,010
Other Revenue
$187,212
All Other Contributions
$1,785,749
Change in Net Assets
$1,950,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,316,843
Revenue Not Reported on Form 990
$82,265
Total Revenue per Audited Statements
$11,399,108
Total Revenue per Form 990
$11,316,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,320,545
Other Expenses$3,046,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,424,345$652,584-$5,076,929
Occupancy$528,784--$528,784
Other Employee Benefits$430,007$96,933-$526,940
Payroll Taxes$311,521$49,923-$361,444
Pension Plan Contributions$301,394$53,838-$355,232
Depreciation Depletion$255,162--$255,162
Other Expenses$192,217$106,887-$192,217
Interest$172,172--$172,172
Travel$69,556--$69,556
Insurance-$52,643-$52,643
Fees for Services Accounting-$29,493-$29,493
All Other Expenses$23,686--$23,686
Fees for Services Legal-$9,652-$9,652
Total Functional Expenses$8,091,497$1,275,232$0$9,366,729

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,448,994
Expenses per Audited Statements$9,366,729
Total Expenses per Form 990$9,366,729
Expenses Not Reported on Form 990$82,265
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$267,140
Fundraising Direct Expenses$79,928
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening in Pari$147,266$147,266$17,698$129,568
Annual Fund Raf$61,376$61,376$1,402$59,974
Total Events$267,140$267,140$79,928$187,212
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
Yes
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, Page 6, Part VI

The parent elected board members do not have voting privileges to elect non-parent board members. The head of school, principal and a teacher representative are ex-officio non-voting members.

Form 990, Page 6, Part VI, Line 7A

Two board members are elected by the parents of the student body

Form 990, Page 6, Part VI, Line 11B

The draft of the form 990 is presented to the finance committee and sent via e-mail to all board members to gather comments and suggestions prior to filing.

Form 990, Page 6, Part VI, Line 12C

The board of directors are required to complete the annual missouri ethics commission forms. The auditors, as part of the annual audit, require each member to complete a questionnaire regarding conflict of interest and fraud identification that is sent directly to the auditor s office.

Form 990, Page 6, Part VI, Line 15A

The board has appointed a human resources committee consisting of at least two board members. The board members are tasked with bi-annual evaluation of salary scales using surrounding schools/districts as benchmarks. The entire board reviews the recommended changes and votes on salary scales, steps and other compensation. The board president and assigned committee review compensation for the head of the school position and determine salary range based on number of students and comparability to other charter schools compensation.

Form 990, Page 6, Part VI, Line 15B

The board president and assigned committee review compensation for the key employees and determine salary ranges based on number of students and comparability to other charter schools compensation.

Form 990, Page 6, Part VI, Line 19

All documents required by section 1604 for public inspection are available upon request at our central office location.

Filing and Contact Details

Filer

Filer Name
Academie Lafayette
EIN
43-1824141
Phone
8163617735
Address
6903 OAK STREET, KANSAS CITY, MO 64113

Signing Officer

Name
Chad Phillips
Title
Presidnt
Phone
8163617735
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Phillips
Formed
1998
Legal Domicile
Mo
Voting Board Members
10
Independent Board Members
10
Employees
184
Volunteers
150

Preparer

Firm
Westbrook & Co Pc
Address
749 DRISKILL DR, RICHMOND, MO 64085-1608
Preparer
Richard D Westbrook
Phone
8167763584
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Academie lafayette is a national leader in language immersion and global studies education, empowering our students to reach their full potential and make a difference in the world. Our values are excellance, the joy of learning, a caring community, character, diversity, accountability and transparency. We provide a rigorous academic program in a supportive and engaging environment as reflected in standardized test scores that surpass state averages.

Form 990, Page 2, Part III, Line 2

Acadamie lafayette has completed the initial application process for international baccalaureate middle years program.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Loss on disposal of equipment 2,337 fundraising expenses 79,928

Schedule D, Page 4, Part XII, Line 2D

Loss on disposal of equipment 2,337 fundraising expenses 79,928

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEAD OF SCHO
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IRS990/MissionDesc0ACADEMIE LAFAYETTE IS A NATIONAL LEADER IN LANGUAGE IMMERSION AND GLOBAL STUDIES EDUCATION, EMPOWERING OUR STUDENTS TO REACH THEIR FULL POTENTIAL AND MAKE A DIFFERENCE IN THE WORLD. OUR VALUES ARE EXCELLANCE, THE JOY OF LEARNING, A CARING COMMUNITY, CHARACTER, DIVERSITY, ACCOUNTABILITY AND TRANSPARENCY. WE PROVIDE A RIGOROUS ACADEMIC PROGRAM IN A SUPPORTIVE AND ENGAGING ENVIRONMENT AS REFLECTED IN STANDARDIZED TEST SCORES THAT SURPASS STATE AVERAGES.
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IRS990ScheduleD/OtherRevenueAmt082265
IRS990ScheduleD/RevenueNotReportedAmt082265
IRS990ScheduleD/RevenueSubtotalAmt011316843
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL OF EQUIPMENT 2,337 FUNDRAISING EXPENSES 79,928
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF EQUIPMENT 2,337 FUNDRAISING EXPENSES 79,928
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AD PLACEMENT IN LOCAL NEWSPAPERS, PARENT HANDBOOKS, STUDENT APPLICATIONS, COMMUNITY RELATIONS BROCHURES, AND ALSO DISCLOSED ON THE SCHOOLS WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FEDERAL AND STATE OF MISSOURI SCHOOL FUNDING PASSED THROUGH THE MISSOURI DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01402
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.4$7.78$10.6$21.4$19.7$1.72
2023Detailed filing. Detailed filing data is available for this year.$17.1$8.18$8.91$18.1$17.5$0.64
2022Detailed filing. Detailed filing data is available for this year.$16.9$8.58$8.27$15.6$15.9$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$8.99$8.50$15.5$13.2$2.27
2020Detailed filing. Detailed filing data is available for this year.$17.0$10.8$6.23$12.8$12.6$0.20
2019Detailed filing. Detailed filing data is available for this year.$15.2$9.14$6.04$12.8$12.5$0.30
2018Detailed filing. Detailed filing data is available for this year.$15.1$9.31$5.74$11.5$10.7$0.88
2017Detailed filing. Detailed filing data is available for this year.$9.74$4.46$5.28$10.7$10.5$0.18
2016Detailed filing. Detailed filing data is available for this year.$9.73$4.63$5.10$10.8$10.4$0.35
2015Detailed filing. Detailed filing data is available for this year.$8.98$4.22$4.75$11.3$9.37$1.95
2014Detailed filing. Detailed filing data is available for this year.$6.36$3.55$2.80$9.40$8.62$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$3.66$2.02$8.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$3.46$1.45$7.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$2.38$1.34$6.35