Civic Intelligence

Southwest Louisiana Charter Academy Foundation Inc

990 • Fiscal year 2019 • EIN 45-5379712

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 16, 2020

Organization ProfileWWW.SWLACHARTERFOUNDATION.ORG
1700 E Mcneese StreetLake Charles, LA 70607

(337) 475-7910

Siviq Scores

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

Liabilities / Assets

95th percentile

1.09x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

1.39x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

64th percentile

8.0%

Higher net margin than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

64th percentile

8.2%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

79th percentile

21%

Faster revenue growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$19,191,575

Up $1,459,921 (+8.2%) from 2018

Net Assets

Up

-$1,769,883

Up $1,167,268 (+40%) from 2018

Liabilities

Up

$20,961,458

Up $292,653 (+1.4%) from 2018

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin64th percentile

Revenue

Up

$15,098,636

Up $2,577,655 (+21%) from 2018

Expenses

Up

$13,887,790

Up $628,241 (+4.7%) from 2018

Net Income

Up

$1,210,846

Up $1,949,414 (+264%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$60M$40M$20M$0-$20MAssets 2013: $1,594,507Liabilities 2013: $998,540Net Assets 2013: $595,9672013Assets 2014: $21,003,080Liabilities 2014: $20,299,803Net Assets 2014: $703,2772014Assets 2015: $22,347,017Liabilities 2015: $21,895,392Net Assets 2015: $451,6252015Assets 2016: $21,661,197Liabilities 2016: $22,489,412Net Assets 2016: -$828,2152016Assets 2017: $19,439,723Liabilities 2017: $21,638,306Net Assets 2017: -$2,198,5832017Assets 2018: $17,731,654Liabilities 2018: $20,668,805Net Assets 2018: -$2,937,1512018Assets 2019: $19,191,575Liabilities 2019: $20,961,458Net Assets 2019: -$1,769,8832019Assets 2020: $44,055,625Liabilities 2020: $43,087,013Net Assets 2020: $968,6122020Assets 2021: $44,512,602Liabilities 2021: $42,461,149Net Assets 2021: $2,051,4532021Assets 2022: $45,236,700Liabilities 2022: $41,290,465Net Assets 2022: $3,946,2352022

Highlighted filing

2019

Assets$19,191,575
Liabilities$20,961,458
Net Assets-$1,769,883
Open 2019 Filing

Operations Trend

Revenue Growth79th percentile

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

$30M$20M$10M$0-$10MExpenses 2013: $5,009,8722013Revenue 2014: $7,032,590Expenses 2014: $6,925,280Net Income 2014: $107,3102014Revenue 2015: $10,826,384Expenses 2015: $11,078,036Net Income 2015: -$251,6522015Revenue 2016: $11,662,464Expenses 2016: $12,942,304Net Income 2016: -$1,279,8402016Revenue 2017: $12,603,241Expenses 2017: $13,973,609Net Income 2017: -$1,370,3682017Revenue 2018: $12,520,981Expenses 2018: $13,259,549Net Income 2018: -$738,5682018Revenue 2019: $15,098,636Expenses 2019: $13,887,790Net Income 2019: $1,210,8462019Revenue 2020: $16,350,037Expenses 2020: $14,259,992Net Income 2020: $2,090,0452020Revenue 2021: $16,859,571Expenses 2021: $15,776,730Net Income 2021: $1,082,8412021Revenue 2022: $22,063,757Expenses 2022: $20,168,975Net Income 2022: $1,894,7822022

Highlighted filing

2019

Revenue$15,098,636
Expenses$13,887,790
Net Income$1,210,846
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 16, 2020
Return Version
2018v3.1
Gross Receipts
$15,098,636
Mission and Program Overview

Mission

Providing a powerful platform of change in calcasieu parish and surrounding areas by offering a full kindergarten through twelfth (k-12) grade system where all children can realize their personal and academic potential.

The foundation owns and operates southwest louisiana charter academy in the louisiana parish of calcasieu. The schools will provide students, from kindergarten through twelfth (k-12) grade, with the necessary tools and skills needed to develop superior levels of achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,702,595$14,505,828▼ $196,767
Cash and Non-Interest-Bearing Accounts$1,131,338$2,721,514▲ $1,590,176
Pledges and Grants Receivable$216,997$309,366▲ $92,369
Prepaid Expenses and Deferred Charges$15,691--
Total Assets$17,721,255$19,191,575▲ $1,470,320
Other Assets Total$1,654,634$1,654,867▲ $233
Liabilities
Tax Exempt Bond Liabilities$16,497,699$16,306,123▼ $191,576
Other Liabilities$3,636,334$4,007,741▲ $371,407
Accounts Payable and Accrued Expenses$556,045$638,553▲ $82,508
Deferred Revenue$11,906$9,041▼ $2,865
Total Liabilities$20,701,984$20,961,458▲ $259,474
Net Assets / Fund Balance
Unrestricted Net Assets$-2,980,729$-1,769,883▲ $1,210,846
Total Net Assets Fund Balance$-2,980,729$-1,769,883▲ $1,210,846
Total Liabilities and Net Assets / Fund Balance$17,721,255$19,191,575▲ $1,470,320

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,628,777$1,403,954$13,032,731
Equipment$423,803$3,015,180$3,438,983
Land$1,792,554-$1,792,554
Other Land Buildings$460,756-$460,756
Leasehold Improvements$199,938$93,608$293,546
Other Assets Org$4,781--
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Judge Ulysses Gene ThibodeauxPresident
Charles a HonoreVice-president
Michael KurthTrustee
Nicole SimienTrustee
Phyllis KettlingTrustee
Rebecca BoniolTrustee
Ron RichardTrustee
Sylvia StellyTrustee
Clyde W MitchellSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter Schools USAManagement800 CORPORATE DRIVE STE 124, Fort Lauderdale, FL 33334$1,762,492
Student Transportation Specialists LLCStudent Transportation4820 SW 20TH STREET, Oklahoma City, OK 73128$290,038
William Scotsman INCRent8211 TOWN CNERER DR, Balmore, MD 21236$270,243
Sla Management LLCFoodservice Management3217 CORRINE DR, Orlando, OR 32803$197,976
Atlantic And Southern Transportation InTransportation Services649 5TH AVENUE S, Naples, FL 34102$106,969
Revenue and Support

Revenue Composition

Contributions and Grants
$14,986,479
Program Service Revenue
$18,092
Investment Income
$31,278
Other Revenue
$62,787
All Other Contributions
$14,720
Change in Net Assets
$1,210,846

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,098,636
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$15,098,636
Total Revenue per Form 990
$15,098,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,042,134
Salaries, Compensation, and Employee Benefits$6,845,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,299,682$576,819-$5,876,501
Fees for Services Other$895,625$662,059-$1,557,684
Interest-$1,492,651-$1,492,651
Depreciation Depletion$682,739$70,823-$753,562
Other Employee Benefits$470,836$30,138-$500,974
All Other Expenses$437,664$40,463-$478,127
Payroll Taxes$421,373$26,972-$448,345
Other Expenses$413,692$24,607-$438,299
Occupancy-$244,669-$244,669
Information Technology$105,866$95,288-$201,154
Insurance$134,488$4,236-$138,724
Office Expenses$31,653$37,577-$69,230
Travel$21,389$39,801-$61,190
Advertising$55,327$1,675-$57,002
Pension Plan Contributions$18,643$1,193-$19,836
Total Functional Expenses$10,523,461$3,364,329$0$13,887,790

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,887,790
Total Expenses per Audited Statements$13,887,790
Total Expenses per Form 990$13,887,790
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
Note Payable$2,202,556
Due to Related Party$1,057,925
Due to Management Company$636,099
Custodial Funds$82,585
Compensated Absences$28,576

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Louisiana Public Facilities Authority2013-12-27$17,480,000Provide funds for acquisition, construction and equipping of charter school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,480,000--$518,943

Bond Financing Compliance

No rebate due
Yes
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 contracted 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 is 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
Southwest Louisiana Charter
EIN
45-5379712
Phone
3374757910
Address
1700 E MCNEESE STREET, LAKE CHARLES, LA 70607

Signing Officer

Name
Ulysses Gene Thibodeaux Jd
Title
President
Phone
3374339403
Signed
2020-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ulysses Gene Thibodeaux
Formed
2012
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
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 IX, Line 11G

“Professional fees: program service expenses 4,981. Management and general expenses 82,538. Fundraising expenses 0. Total expenses 87,519. Contracted and vendor services: program service expenses 890,644. Management and general expenses 579,521. Fundraising expenses 0. Total expenses 1,470,165.”

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.”

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 535 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/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt014971759
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt015098636
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt095288
IRS990/InformationTechnologyGrp/ProgramServicesAmt0105866
IRS990/InformationTechnologyGrp/TotalAmt0201154
IRS990/InsuranceGrp/ManagementAndGeneralAmt04236
IRS990/InsuranceGrp/ProgramServicesAmt0134488
IRS990/InsuranceGrp/TotalAmt0138724
IRS990/InterestGrp/ManagementAndGeneralAmt01492651
IRS990/InterestGrp/TotalAmt01492651
IRS990/InvestmentIncomeGrp/ExclusionAmt031278
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031278
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04512742
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014702595
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014505828
IRS990/LandBldgEquipCostOrOtherBssAmt019018570
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING A POWERFUL PLATFORM OF CHANGE IN CALCASIEU PARISH AND SURROUNDING AREAS BY OFFERING A FULL KINDERGARTEN THROUGH TWELFTH (K-12) GRADE SYSTEM WHERE ALL CHILDREN CAN REALIZE THEIR PERSONAL AND ACADEMIC POTENTIAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-2980729
IRS990/NetAssetsOrFundBalancesEOYAmt0-1769883
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0244669
IRS990/OccupancyGrp/TotalAmt0244669
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt037577
IRS990/OfficeExpensesGrp/ProgramServicesAmt031653
IRS990/OfficeExpensesGrp/TotalAmt069230
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01654634
IRS990/OtherAssetsTotalGrp/EOYAmt01654867
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030138
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0470836
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0500974
IRS990/OtherExpensesGrp/Desc0STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc1FOOD COSTS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01291
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114067
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224607
IRS990/OtherExpensesGrp/ProgramServicesAmt0595716
IRS990/OtherExpensesGrp/ProgramServicesAmt1483940
IRS990/OtherExpensesGrp/ProgramServicesAmt2454828
IRS990/OtherExpensesGrp/ProgramServicesAmt3413692
IRS990/OtherExpensesGrp/TotalAmt0595716
IRS990/OtherExpensesGrp/TotalAmt1485231
IRS990/OtherExpensesGrp/TotalAmt2468895
IRS990/OtherExpensesGrp/TotalAmt3438299
IRS990/OtherLiabilitiesGrp/BOYAmt03636334
IRS990/OtherLiabilitiesGrp/EOYAmt04007741
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt062787
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt062787
IRS990/OtherRevenueTotalAmt062787
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0576819
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05299682
IRS990/OtherSalariesAndWagesGrp/TotalAmt05876501
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026972
IRS990/PayrollTaxesGrp/ProgramServicesAmt0421373
IRS990/PayrollTaxesGrp/TotalAmt0448345
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01193
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt018643
IRS990/PensionPlanContributionsGrp/TotalAmt019836
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0216997
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0309366
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015691
IRS990/PrincipalOfficerNm0ULYSSES GENE THIBODEAUX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTERCARE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018092
IRS990/ProgSrvcAccomActy2Grp/Desc0LAKE CHARLES COLLEGE PREP PROVIDES EDUCATION SERVICES TO KINDERGARTEN THROUGH TWELFTH GRADE IN CALCASIEU PARISH COUNTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04208027
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt024569
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012432092
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018146
IRS990/PYOtherExpensesAmt06803743
IRS990/PYOtherRevenueAmt040488
IRS990/PYProgramServiceRevenueAmt019856
IRS990/PYRevenuesLessExpensesAmt0-782146
IRS990/PYSalariesCompEmpBnftPaidAmt06488985
IRS990/PYTotalExpensesAmt013292728
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012510582
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01210846
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt056310
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt011628777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01403954
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013032731
IRS990ScheduleD/EquipmentGrp/BookValueAmt0423803
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03015180
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03438983
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt013887790
IRS990ScheduleD/LandGrp/BookValueAmt01792554
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01792554
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0199938
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093608
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0293546
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08626
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11641460
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24781
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH EQUIVALENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER RECEIVABLES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0460756
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0460756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01057925
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12202556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2636099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt328576
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt482585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4CUSTODIAL FUNDS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015098636
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014505828
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01654867
IRS990ScheduleD/TotalExpensesPerForm990Amt013887790
IRS990ScheduleD/TotalLiabilityAmt04007741
IRS990ScheduleD/TotalRevenuePerForm990Amt015098636
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015098636
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013887790
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 SCHOOLS ARE PUBLIC CHARTER SCHOOLS ORGANIZED UNDER LOUISIANA STATUTES. ALL NONDISCRIMINATORY POLICY INFORMATION IS AVAILABLE THROUGH VARIOUS SOURCES, INCLUDING PUBLIC ANNOUNCEMENTS, PUBLICATIONS, AND ON THEIR WEBSITES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION 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/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,191,575
Liabilities
$20,961,458
Net assets
-$1,769,883
Revenue
$15,098,636
Expenses
$13,887,790
Net income
$1,210,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.2$41.3$3.95$22.1$20.2$1.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$42.5$2.05$16.9$15.8$1.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.1$43.1$0.97$16.4$14.3$2.09
2019Detailed filing. Detailed filing data is available for this year.$19.2$21.0$1.77$15.1$13.9$1.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.7$20.7$2.94$12.5$13.3$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$21.6$2.20$12.6$14.0$1.37
2016Detailed filing. Detailed filing data is available for this year.$21.7$22.5$0.83$11.7$12.9$1.28
2015Detailed filing. Detailed filing data is available for this year.$22.3$21.9$0.45$10.8$11.1$0.25
2014Detailed filing. Detailed filing data is available for this year.$21.0$20.3$0.70$7.03$6.93$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$1.00$0.60$5.01