Civic Intelligence

Lafayette Charter Foundation Inc.

990 • Fiscal year 2018 • EIN 46-1200082

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 04, 2019

Organization ProfileWWW.LAFAYETTECHARTERFOUNDATION.ORG
220 Heymann BlvdLafayette, LA 70503

(337) 374-1209

Siviq Scores

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

Liabilities / Assets

95th percentile

1.14x

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

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

Liabilities / Revenue

84th percentile

1.49x

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

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

Net Margin

23rd percentile

-4.3%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

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

Asset Growth

19th percentile

-5.5%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

63rd percentile

9.0%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$24,056,791

Down $1,398,476 (-5.5%) from 2017

Net Assets

Down

-$3,449,894

Down $785,952 (-30%) from 2017

Liabilities

Down

$27,506,685

Down $612,524 (-2.2%) from 2017

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin23rd percentile

Revenue

Up

$18,414,109

Up $1,525,111 (+9.0%) from 2017

Expenses

Up

$19,200,061

Up $866,455 (+4.7%) from 2017

Net Income

Up

-$785,952

Up $658,656 (+46%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$150M$100M$50M$0-$50MAssets 2016: $26,949,918Liabilities 2016: $28,169,252Net Assets 2016: -$1,219,3342016Assets 2017: $25,455,267Liabilities 2017: $28,119,209Net Assets 2017: -$2,663,9422017Assets 2018: $24,056,791Liabilities 2018: $27,506,685Net Assets 2018: -$3,449,8942018Assets 2019: $22,002,537Liabilities 2019: $26,565,845Net Assets 2019: -$4,563,3082019Assets 2020: $21,881,388Liabilities 2020: $26,633,008Net Assets 2020: -$4,751,6202020Assets 2021: $33,304,298Liabilities 2021: $37,051,304Net Assets 2021: -$3,747,0062021Assets 2022: $43,368,888Liabilities 2022: $47,011,824Net Assets 2022: -$3,642,9362022Assets 2023: $75,344,341Liabilities 2023: $80,702,871Net Assets 2023: -$5,358,5302023Assets 2024: $98,582,572Liabilities 2024: $105,082,782Net Assets 2024: -$6,500,2102024

Highlighted filing

2018

Assets$24,056,791
Liabilities$27,506,685
Net Assets-$3,449,894
Open 2018 Filing

Operations Trend

Revenue Growth63rd percentile

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

$80M$60M$40M$20M$0-$20MRevenue 2016: $15,113,372Expenses 2016: $15,837,087Net Income 2016: -$723,7152016Revenue 2017: $16,888,998Expenses 2017: $18,333,606Net Income 2017: -$1,444,6082017Revenue 2018: $18,414,109Expenses 2018: $19,200,061Net Income 2018: -$785,9522018Revenue 2019: $19,306,048Expenses 2019: $20,419,462Net Income 2019: -$1,113,4142019Revenue 2020: $20,406,420Expenses 2020: $20,594,732Net Income 2020: -$188,3122020Revenue 2021: $27,089,084Expenses 2021: $26,084,470Net Income 2021: $1,004,6142021Revenue 2022: $33,949,865Expenses 2022: $33,845,796Net Income 2022: $104,0692022Revenue 2023: $43,747,874Expenses 2023: $43,379,254Net Income 2023: $368,6202023Revenue 2024: $61,651,832Expenses 2024: $62,793,512Net Income 2024: -$1,141,6802024

Highlighted filing

2018

Revenue$18,414,109
Expenses$19,200,061
Net Income-$785,952
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 4, 2019
Return Version
2017v2.3
Gross Receipts
$18,414,109
Mission and Program Overview

Mission

To provide an inspiring and motivating educational environment that delivers real, measurable results and prepares our students to be the next generation of leaders.

This nonprofit corporation is organized exclusively for educational purposes. The foundation is comprised of respected leaders in the state of louisiana that are committed to providing high quality educational options for the students and families of louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,962,834$21,637,096▼ $1,325,738
Cash and Non-Interest-Bearing Accounts$2,217,480$1,477,347▼ $740,133
Accounts Receivable$2,783$591,823▲ $589,040
Pledges and Grants Receivable$197,089$305,335▲ $108,246
Prepaid Expenses and Deferred Charges$75,081$45,190▼ $29,891
Total Assets$25,455,267$24,056,791▼ $1,398,476
Liabilities
Other Liabilities$27,049,440$26,133,790▼ $915,650
Accounts Payable and Accrued Expenses$1,053,420$1,372,181▲ $318,761
Deferred Revenue$16,349$714▼ $15,635
Total Liabilities$28,119,209$27,506,685▼ $612,524
Net Assets / Fund Balance
Unrestricted Net Assets$-2,663,942$-3,449,894▼ $785,952
Total Net Assets Fund Balance$-2,663,942$-3,449,894▼ $785,952
Total Liabilities and Net Assets / Fund Balance$25,455,267$24,056,791▼ $1,398,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,616,824$4,738,801-
Other Land Buildings$559,277$953,800-
Equipment$460,995$1,660,645-
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Dr Mary Louella Riggs-cookPresident
Carlos HarvinVice President
Corey JackTrustee
Erica WilliamsTrustee
Fernando Perez-viartTrustee
Jeremy HowardTrustee
Katherine RoyTrustee
Heather BlanchardCorresponding Secretary
Karen MillerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CsusaManagement, Facility, And It Fees800 CORPORATE DRIVE SUITE 700, Fort Lauderdale, FL 33334$2,565,154
Speech Help LLCSpeech Therapy Services201 WOODHAVEN ROAD, Youngsville, LA 70592$120,734
Connex 12It Services800 CORPORATE DRIVE SUITE 700, Fort Lauderdale, FL 33334$112,402
Revenue and Support

Revenue Composition

Contributions and Grants
$17,852,019
Program Service Revenue
$562,090
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,565,265
Change in Net Assets
$-785,952

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,414,109
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$18,414,109
Total Revenue per Form 990
$18,414,109
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,112,538
Salaries, Compensation, and Employee Benefits$9,087,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,710,057$79,560-$7,789,617
Fees for Services Other$424,783$2,703,754-$3,128,537
Interest-$2,438,550-$2,438,550
Depreciation Depletion$1,771,445--$1,771,445
Payroll Taxes$713,870$6,446-$720,316
Other Employee Benefits$546,571$5,980-$552,551
All Other Expenses$407,580$967-$408,547
Other Expenses$243,582--$243,582
Insurance$118,859--$118,859
Fees for Services Legal$41,895--$41,895
Fees for Services Accounting$39,000--$39,000
Advertising$19,768$17,392-$37,160
Pension Plan Contributions$25,039--$25,039
Total Functional Expenses$13,947,412$5,252,649$0$19,200,061

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,200,061
Total Expenses per Audited Statements$19,200,061
Total Expenses per Form 990$19,200,061
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
Capital Lease Payable$25,194,310
Due to Csusa$798,751
Funds Held in Custody$125,763
Due to Other Schools$12,142
Due to Agency Fund$2,824
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 is managed by charter schools usa.”

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

“The draft form 990 is sent to the board of directors for review and approval before the return is filed.”

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

“Lafayette charter monitors compliance with the conflict of interest policy by sending out related party confirmations each year.”

Form 990, Part VI, Section C, Line 19

“Own website/ upon request”

Filing and Contact Details

Filer

Filer Name
Lafayette Charter Foundation Inc
EIN
46-1200082
Phone
3373741209
Address
220 HEYMANN BLVD, LAFAYETTE, LA 70503

Signing Officer

Name
Mary Louella Riggs-cook
Title
Board President
Phone
3373741209
Signed
2019-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Louella Riggs-cook
Formed
2012
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Postlethwaite & Netterville
Address
400 E KALISTE SALOOM RD STE 7100, LAFAYETTE, LA 70508
Preparer
David Edmond
Phone
3372348431
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fees: program service expenses 424,783. Management and general expenses 52,812. Fundraising expenses 0. Total expenses 477,595. Csusa fees: program service expenses 0. Management and general expenses 2,650,942. Fundraising expenses 0. Total expenses 2,650,942.”

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation recognizes the effect of income tax positions only if the positions are more likely than not of being sustained. Recognized income tax positions are recorded at the largest amount that is greater than 50% likely of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and other information available at the reporting date and is subject to management's judgment. Changes in the recognition or measurement are reflected in the period in which the change in judgment occurs. The foundation has evaluated its position regarding the accounting for uncertain income tax positions and does not believe that it has any material uncertain tax positions.”

Raw XML AppendixShowing 400 of 459 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/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05980
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0546571
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0552551
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3LICENSES AND PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt0966837
IRS990/OtherExpensesGrp/ProgramServicesAmt1631230
IRS990/OtherExpensesGrp/ProgramServicesAmt2286896
IRS990/OtherExpensesGrp/ProgramServicesAmt3243582
IRS990/OtherExpensesGrp/TotalAmt0966837
IRS990/OtherExpensesGrp/TotalAmt1631230
IRS990/OtherExpensesGrp/TotalAmt2286896
IRS990/OtherExpensesGrp/TotalAmt3243582
IRS990/OtherLiabilitiesGrp/BOYAmt027049440
IRS990/OtherLiabilitiesGrp/EOYAmt026133790
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079560
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07710057
IRS990/OtherSalariesAndWagesGrp/TotalAmt07789617
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06446
IRS990/PayrollTaxesGrp/ProgramServicesAmt0713870
IRS990/PayrollTaxesGrp/TotalAmt0720316
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt025039
IRS990/PensionPlanContributionsGrp/TotalAmt025039
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0197089
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0305335
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt075081
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045190
IRS990/PrincipalOfficerNm0MARY LOUELLA RIGGS-COOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTERCARE FEES
IRS990/ProgramServiceRevenueGrp/Desc1PAID MEALS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3E-RATE REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0416536
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1131086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210297
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0416536
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1131086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34171
IRS990/ProgSrvcAccomActy2Grp/Desc0THE LAFAYETTE PROGRAMS/ACTIVITIES INCLUDE GENERAL EDUCATION FOR THE INSTRUCTION OF STUDENTS, TRANSPORTATION INCLUDING BUS SERVICES FOR STUDENTS, AND ADMINISTRATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07169909
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0256962
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt016378146
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt010114426
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0510852
IRS990/PYRevenuesLessExpensesAmt0-1444608
IRS990/PYSalariesCompEmpBnftPaidAmt08219180
IRS990/PYTotalExpensesAmt018333606
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016888998
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-785952
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0353249
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt020616824
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04738801
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt025355625
IRS990ScheduleD/EquipmentGrp/BookValueAmt0460995
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01660645
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02121640
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt019200061
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0559277
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0953800
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01513077
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0125763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt125194310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2798751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt312142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD IN CUSTODY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO CSUSA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO OTHER SCHOOLS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO AGENCY FUND
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt018414109
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE DETERMINATION OF WHETHER OR NOT A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD CONSIDERS THE FACTS, CIRCUMSTANCES AND OTHER INFORMATION AVAILABLE AT THE REPORTING DATE AND IS SUBJECT TO MANAGEMENT'S JUDGMENT. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021637096
IRS990ScheduleD/TotalExpensesPerForm990Amt019200061
IRS990ScheduleD/TotalLiabilityAmt026133790
IRS990ScheduleD/TotalRevenuePerForm990Amt018414109
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018414109
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt019200061
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER LOUISIANA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUNCEMENTS AND PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS MANAGED BY CHARTER SCHOOLS USA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LAFAYETTE CHARTER MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY SENDING OUT RELATED PARTY CONFIRMATIONS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OWN WEBSITE/ UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER FEES: PROGRAM SERVICE EXPENSES 424,783. MANAGEMENT AND GENERAL EXPENSES 52,812. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 477,595. CSUSA FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,650,942. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,650,942.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt025455267
IRS990/TotalAssetsEOYAmt024056791
IRS990/TotalAssetsGrp/BOYAmt025455267
IRS990/TotalAssetsGrp/EOYAmt024056791
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt017852019
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05252649
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013947412
IRS990/TotalFunctionalExpensesGrp/TotalAmt019200061
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt028119209
IRS990/TotalLiabilitiesEOYAmt027506685
IRS990/TotalLiabilitiesGrp/BOYAmt028119209
IRS990/TotalLiabilitiesGrp/EOYAmt027506685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2663942
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3449894
IRS990/TotalOtherCompensationAmt00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,056,791
Liabilities
$27,506,685
Net assets
-$3,449,894
Revenue
$18,414,109
Expenses
$19,200,061
Net income
-$785,952
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$98.6$105$6.50$61.7$62.8$1.14
2023Detailed filing. Detailed filing data is available for this year.$75.3$80.7$5.36$43.7$43.4$0.37
2022Detailed filing. Detailed filing data is available for this year.$43.4$47.0$3.64$33.9$33.8$0.10
2021Detailed filing. Detailed filing data is available for this year.$33.3$37.1$3.75$27.1$26.1$1.00
2020Detailed filing. Detailed filing data is available for this year.$21.9$26.6$4.75$20.4$20.6$0.19
2019Detailed filing. Detailed filing data is available for this year.$22.0$26.6$4.56$19.3$20.4$1.11
2018Detailed filing. Detailed filing data is available for this year.$24.1$27.5$3.45$18.4$19.2$0.79
2017Detailed filing. Detailed filing data is available for this year.$25.5$28.1$2.66$16.9$18.3$1.44
2016Summary only. Only limited summary data is available for this year.$26.9$28.2$1.22$15.1$15.8$0.72