Civic Intelligence

Capitol Education Foundation

990 • Fiscal year 2016 • EIN 46-0620028

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

1000 North 23rd StBaton Rouge, LA 70802

(225) 387-5295

Siviq Scores

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

Liabilities / Assets

79th percentile

0.61x

Higher debt load relative to assets than 79% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

37th percentile

0.10x

Higher debt load relative to revenue than 37% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

48th percentile

1.7%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

28th percentile

$72,412

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

69th percentile

7.5%

Faster asset growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

6.5%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$875,426

Up $61,360 (+7.5%) from 2015

Net Assets

Up

$343,561

Up $107,908 (+46%) from 2015

Liabilities

Down

$531,865

Down $46,548 (-8.0%) from 2015

Revenue

Up

$5,152,340

Up $314,988 (+6.5%) from 2015

Expenses

Up

$5,066,432

Up $464,733 (+10%) from 2015

Net Income

Down

$85,908

Down $149,745 (-64%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $814,066Liabilities 2015: $578,413Net Assets 2015: $235,6532015Assets 2016: $875,426Liabilities 2016: $531,865Net Assets 2016: $343,5612016Assets 2017: $1,259,488Liabilities 2017: $447,056Net Assets 2017: $812,4322017Assets 2018: $1,631,089Liabilities 2018: $375,085Net Assets 2018: $1,256,0042018Assets 2019: $1,563,086Liabilities 2019: $1,024,784Net Assets 2019: $538,3022019Assets 2020: $1,834,564Liabilities 2020: $953,262Net Assets 2020: $881,3022020Assets 2021: $1,632,578Liabilities 2021: $361,456Net Assets 2021: $1,271,1222021Assets 2022: $3,040,412Liabilities 2022: $1,268,771Net Assets 2022: $1,771,6412022Assets 2023: $2,048,101Liabilities 2023: $507,984Net Assets 2023: $1,540,1172023Assets 2024: $1,152,933Liabilities 2024: $0Net Assets 2024: $1,152,9332024

Highlighted filing

2016

Assets$875,426
Liabilities$531,865
Net Assets$343,561

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $4,837,352Expenses 2015: $4,601,699Net Income 2015: $235,6532015Revenue 2016: $5,152,340Expenses 2016: $5,066,432Net Income 2016: $85,9082016Revenue 2017: $5,303,451Expenses 2017: $4,834,580Net Income 2017: $468,8712017Revenue 2018: $5,499,359Expenses 2018: $5,055,787Net Income 2018: $443,5722018Revenue 2019: $4,773,180Expenses 2019: $5,490,882Net Income 2019: -$717,7022019Revenue 2020: $4,728,661Expenses 2020: $4,385,661Net Income 2020: $343,0002020Revenue 2021: $5,617,541Expenses 2021: $4,727,721Net Income 2021: $889,8202021Revenue 2022: $6,632,582Expenses 2022: $6,175,686Net Income 2022: $456,8962022Revenue 2023: $6,279,893Expenses 2023: $6,564,455Net Income 2023: -$284,5622023Revenue 2024: $1,716Expenses 2024: $387,178Net Income 2024: -$385,4622024

Highlighted filing

2016

Revenue$5,152,340
Expenses$5,066,432
Net Income$85,908
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$5,152,340
Mission and Program Overview

Mission

The mission of Friendship Capitol High School is to provide a world-class education that motivates students to achieve high academic standards, enjoy learning and develop as ethical, literate, well-rounded and self-sufficient citizens who contribute actively to their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$533,097$483,546▼ $49,551
Cash and Non-Interest-Bearing Accounts$169,555$214,247▲ $44,692
Land, Buildings, and Equipment, Net$89,130$132,349▲ $43,219
Prepaid Expenses and Deferred Charges$22,284$45,284▲ $23,000
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$814,066$875,426▲ $61,360
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$578,413$531,865▼ $46,548
Total Liabilities$578,413$531,865▼ $46,548
Net Assets / Fund Balance
Unrestricted Net Assets$235,653$343,561▲ $107,908
Total Net Assets Fund Balance$235,653$343,561▲ $107,908
Total Liabilities and Net Assets / Fund Balance$814,066$875,426▲ $61,360

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,152$62,302$145,454
Leasehold Improvements$36,286$5,999$42,285
Other Land Buildings$12,911$8,442$21,353
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keisha NettervillePrior Executive DirectorFT$72,412$72,412

Board Members and Trustees

NameTitle
Brandon DumasDirector
Bruce MilesDirector
Joseph SpeightDirector
Raymond JetsonDirector
Raymond JohnsonDirector
Vanessa LafleurTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
First Student IncTransportation600 Vine St Suite 1400, Cincinnati, OH 45202$342,131
4th Sector SolutionsManagement Services620 Florida St 110, Baton Rouge, LA 70801$296,142
Friendship Education FoundationManagement1351 Nicholson St NW, Washington, DC 20011$251,142
Compass group USA IncFood service2400 Yorkmont Rd, Charlotte, NC 28217$152,508
Revenue and Support

Revenue Composition

Contributions and Grants
$1,015,722
Program Service Revenue
$4,136,618
Investment Income
$0
Other Revenue
$0
All Other Contributions
$206,003
Change in Net Assets
$85,908

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,152,340
Total Revenue per Audited Statements
$5,152,340
Total Revenue per Form 990
$5,152,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,634,230
Other Expenses$2,432,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,074,862$94,308-$2,169,170
Fees for Services Other$480,015$466,622-$946,637
All Other Expenses$406,946$40,365-$447,311
Other Employee Benefits$202,225$18,261-$220,486
Payroll Taxes$158,960$13,202-$172,162
Other Expenses$162,864$37,901-$162,864
Current Officers, Directors, Trustees, and Key Employees$72,412--$72,412
Insurance$49,726$12,433-$62,159
Depreciation Depletion$41,034$10,258-$51,292
Interest-$2,037-$2,037
Travel$1,526--$1,526
Total Functional Expenses$4,325,697$740,735$0$5,066,432

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,066,432
Total Expenses per Audited Statements$5,066,432
Total Expenses per Form 990$5,066,432
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
No
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
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

The President and Treasurer were presented with a copy of the filing for review. The 990 is made available to the other board members upon request.

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

All governing documents are available for review upon request. The school budget is presented to the public in an advertised meeting, is available to all during the following month, and is then approved at the next board meeting.

Filing and Contact Details

Filer

Filer Name
Friendship Louisiana
EIN
46-0620028
Address
1000 North 23rd St, Baton Rouge, LA 70802

Signing Officer

Name
Brian Beck
Title
Executive Director
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
La
Voting Board Members
6
Independent Board Members
0
Employees
66

Preparer

Firm
Daigrepont & Brian APAC
Address
910 S Acadian Thruway, Baton Rouge, LA 70806
Preparer
Michael B Loveless CPA
Phone
2259273760
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The School accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly has not recognized a liability for any unrecognized tax benefits.

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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018261
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0202225
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0220486
IRS990/OtherExpensesGrp/Desc0Transportation
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc3Food service
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045348
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137901
IRS990/OtherExpensesGrp/ProgramServicesAmt0342131
IRS990/OtherExpensesGrp/ProgramServicesAmt1181390
IRS990/OtherExpensesGrp/ProgramServicesAmt2151606
IRS990/OtherExpensesGrp/ProgramServicesAmt3162864
IRS990/OtherExpensesGrp/TotalAmt0342131
IRS990/OtherExpensesGrp/TotalAmt1226738
IRS990/OtherExpensesGrp/TotalAmt2189507
IRS990/OtherExpensesGrp/TotalAmt3162864
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094308
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02074862
IRS990/OtherSalariesAndWagesGrp/TotalAmt02169170
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013202
IRS990/PayrollTaxesGrp/ProgramServicesAmt0158960
IRS990/PayrollTaxesGrp/TotalAmt0172162
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022284
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045284
IRS990/PriorPeriodAdjustmentsAmt022000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Athletics
IRS990/ProgramServiceRevenueGrp/Desc1Minimum Foundation Progra
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14101077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14101077
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04800564
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02342449
IRS990/PYProgramServiceRevenueAmt036788
IRS990/PYRevenuesLessExpensesAmt0235653
IRS990/PYSalariesCompEmpBnftPaidAmt02259250
IRS990/PYTotalExpensesAmt04601699
IRS990/PYTotalRevenueAmt04837352
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt085908
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04136618
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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/EquipmentGrp/BookValueAmt083152
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062302
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0145454
IRS990ScheduleD/ExpensesSubtotalAmt05066432
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt036286
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05999
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt042285
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012911
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08442
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021353
IRS990ScheduleD/RevenueSubtotalAmt05152340
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly has not recognized a liability for any unrecognized tax benefits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132349
IRS990ScheduleD/TotalExpensesPerForm990Amt05066432
IRS990ScheduleD/TotalRevenuePerForm990Amt05152340
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05152340
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05066432
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DURING FISCAL YEAR, FRIENDSHIP LOUISIANA RECEIVED LOCAL, STATE AND FEDERAL FUNDING UNDER A VARIETY OF PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Nondiscriminatory policy is listed on enrollment forms, all brochures and printed media, as well as the website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President and Treasurer were presented with a copy of the filing for review. The 990 is made available to the other board members upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents are available for review upon request. The school budget is presented to the public in an advertised meeting, is available to all during the following month, and is then approved at the next board meeting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0814066
IRS990/TotalAssetsEOYAmt0875426
IRS990/TotalAssetsGrp/BOYAmt0814066
IRS990/TotalAssetsGrp/EOYAmt0875426
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01015722
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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