Civic Intelligence

Laureate Academy Inc.

990 • Fiscal year 2017 • EIN 46-4907729

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 25, 2018

Organization ProfileWWW.LAUREATECHARTER.ORG

View Organization Page

3400 6th StreetHarvey, LA 70058

(504) 503-0170

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.12x

Higher debt load relative to revenue than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$85,302

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

97th percentile

144%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$574,883

Up $339,648 (+144%) from 2016

Net Assets

Up

$352,206

Up $222,625 (+172%) from 2016

Liabilities

Up

$222,677

Up $117,023 (+111%) from 2016

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin69th percentile

Revenue

Up

$1,850,009

Up $849,444 (+85%) from 2016

Expenses

Up

$1,627,382

Up $697,984 (+75%) from 2016

Net Income

Up

$222,627

Up $151,460 (+213%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $59,407Liabilities 2015: $9932015Assets 2016: $235,235Liabilities 2016: $105,654Net Assets 2016: $129,5812016Assets 2017: $574,883Liabilities 2017: $222,677Net Assets 2017: $352,2062017Assets 2018: $618,942Liabilities 2018: $29,945Net Assets 2018: $588,9972018Assets 2019: $925,672Liabilities 2019: $76,380Net Assets 2019: $849,2922019Assets 2020: $1,829,335Liabilities 2020: $397,487Net Assets 2020: $1,431,8482020Assets 2021: $2,747,887Liabilities 2021: $81,029Net Assets 2021: $2,666,8582021Assets 2022: $3,535,116Liabilities 2022: $117,694Net Assets 2022: $3,417,4222022Assets 2023: $4,913,941Liabilities 2023: $591,856Net Assets 2023: $4,322,0852023Assets 2024: $5,792,818Liabilities 2024: $236,776Net Assets 2024: $5,556,0422024Assets 2025: $6,899,886Liabilities 2025: $744,327Net Assets 2025: $6,155,5592025

Highlighted filing

2017

Assets$574,883
Liabilities$222,677
Net Assets$352,206
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2015: $138,453Expenses 2015: $81,051Net Income 2015: $57,4022015Revenue 2016: $1,000,565Expenses 2016: $929,398Net Income 2016: $71,1672016Revenue 2017: $1,850,009Expenses 2017: $1,627,382Net Income 2017: $222,6272017Revenue 2018: $2,479,445Expenses 2018: $2,242,654Net Income 2018: $236,7912018Revenue 2019: $3,063,241Expenses 2019: $2,802,946Net Income 2019: $260,2952019Revenue 2020: $3,777,322Expenses 2020: $3,194,766Net Income 2020: $582,5562020Revenue 2021: $5,175,189Expenses 2021: $3,940,179Net Income 2021: $1,235,0102021Revenue 2022: $5,836,703Expenses 2022: $5,086,139Net Income 2022: $750,5642022Revenue 2023: $6,859,909Expenses 2023: $5,955,246Net Income 2023: $904,6632023Revenue 2024: $7,675,719Expenses 2024: $6,441,762Net Income 2024: $1,233,9572024Revenue 2025: $7,992,662Expenses 2025: $7,393,145Net Income 2025: $599,5172025

Highlighted filing

2017

Revenue$1,850,009
Expenses$1,627,382
Net Income$222,627
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 25, 2018
Return Version
2016v3.0
Gross Receipts
$1,850,009
Mission and Program Overview

Mission

Laureate academy charter school is an approved k-8 tuition-free and open enrollment charter school. The academy serves all students including students with limited english proficiency and students with special needs and seeks to equip all students with the academic skills, mindsets, and habits for long-term success. Laureate academy served approximately 530 students in grades k-5.

Preparing each student with the academic skills and strength of character necessary for school and life success, laureate academy educates k-8 students in jefferson parish for rigorous high schools, competitive colleges, and professional careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$112,464$511,523▲ $399,059
Land, Buildings, and Equipment, Net$79,657$61,729▼ $17,928
Accounts Receivable$34,542--
Prepaid Expenses and Deferred Charges$8,572$1,631▼ $6,941
Total Assets$235,235$574,883▲ $339,648
Liabilities
Deferred Revenue-$162,500-
Other Liabilities$0$43,725▲ $43,725
Accounts Payable and Accrued Expenses$97,167$16,452▼ $80,715
Unsecured Notes Loans Payable$8,489--
Total Liabilities$105,656$222,677▲ $117,021
Net Assets / Fund Balance
Unrestricted Net Assets$129,579$352,206▲ $222,627
Total Net Assets Fund Balance$129,579$352,206▲ $222,627
Total Liabilities and Net Assets / Fund Balance$235,235$574,883▲ $339,648

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$61,729$26,892$88,621
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire HeckermanHead of SchoolFT$81,975$3,327$85,302

Board Members and Trustees

NameTitle
William AaronChair
Pat LeblancVice Chair
Allison PlaisanceDirector
Brittney AnkersenDirector
David HueteDirector
Lisa ReboweDirector
Kandace HamiltonSecretary
Nicholas AucoinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Prime Af LLC-3116 DESTREHAN AVE, Harvey, LA 70058$121,690
Revenue and Support

Revenue Composition

Contributions and Grants
$1,835,041
Program Service Revenue
$14,968
Investment Income
$0
Other Revenue
$0
All Other Contributions
$173,731
Change in Net Assets
$222,627

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,850,009
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,850,009
Total Revenue per Form 990
$1,850,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$959,073
Other Expenses$668,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$618,520$101,700-$720,220
Fees for Services Other$245,133--$245,133
Occupancy$151,093$16,788-$167,881
Current Officers, Directors, Trustees, and Key Employees$46,085$46,085-$92,170
Other Employee Benefits$58,010$13,576-$71,586
Payroll Taxes$48,560$15,963-$64,523
Other Expenses$105,126$38,565-$38,565
Fees for Services Accounting-$35,750-$35,750
Depreciation Depletion$13,446$4,482-$17,928
Insurance-$15,746-$15,746
Office Expenses-$14,378-$14,378
Pension Plan Contributions$5,816$4,758-$10,574
Information Technology-$9,922-$9,922
Advertising-$7,605-$7,605
Conferences and Meetings-$6,876-$6,876
Fees for Services Legal-$3,399-$3,399
Total Functional Expenses$1,291,789$335,593$0$1,627,382

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,627,382
Total Expenses per Audited Statements$1,627,382
Total Expenses per Form 990$1,627,382
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$43,725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of the form 990 is presented to the board for review during a board meeting prior to filing the return”

Form 990, Part VI, Section B, Line 12

“Conflict of interest statements are completed annually. Statements are reviewed by the executive director for conflicts.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed by the board annually.”

Form 990, Part VI, Section C, Line 18

“The documents are readily available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The documents are readily available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Laureate Academy Inc
EIN
46-4907729
Phone
5045030170
Address
3400 6TH STREET, HARVEY, LA 70058

Signing Officer

Name
Claire Heckerman
Title
Head of School
Phone
5045030170
Signed
2018-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claire Heckerman
Formed
2014
Legal Domicile
La
Voting Board Members
8
Independent Board Members
8
Employees
23
Volunteers
50

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fee for service: program service expenses 245,133. Management and general expenses 0. Fundraising expenses 0. Total expenses 245,133.”

FORM 990, PART XII, LINE 2C:

“There were no changes to the audit committees oversight process or selection process during the year”

Financial Statement Notes

Part IV, Line 11F

“The school is a non-profit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3). Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school files informational returns in the u.s. Federal jurisdiction. The statute of limitations for federal purposes is generally three years.”

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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/PrepaidExpensesDefrdChargesGrp/BOYAmt08572
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01631
IRS990/PrincipalOfficerNm0CLAIRE HECKERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014968
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0992026
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0432953
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08539
IRS990/PYRevenuesLessExpensesAmt071167
IRS990/PYSalariesCompEmpBnftPaidAmt0496445
IRS990/PYTotalExpensesAmt0929398
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01000565
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0222627
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014968
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt061729
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026892
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088621
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01627382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01850009
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS GENERALLY THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 11F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt061729
IRS990ScheduleD/TotalExpensesPerForm990Amt01627382
IRS990ScheduleD/TotalLiabilityAmt043725
IRS990ScheduleD/TotalRevenuePerForm990Amt01850009
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01850009
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01627382
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE CHARTER HAS THESE POLICIES IN ITS CHARTER WITH THE STATE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PUBLIC CHARTER SCHOOL DOES NOT AWARD SCHOLARSHIPS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2PUBLIC CHARTER SCHOOL PRINCIPALY FUNDED BY LOCAL AND FEDERAL MONIES RECEIVED THROUGH THE LOUISIANA 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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW DURING A BOARD MEETING PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY. STATEMENTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR FOR CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS REVIEWED BY THE BOARD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEE FOR SERVICE: PROGRAM SERVICE EXPENSES 245,133. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 245,133.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WERE NO CHANGES TO THE AUDIT COMMITTEES OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0LA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0235235
IRS990/TotalAssetsEOYAmt0574883
IRS990/TotalAssetsGrp/BOYAmt0235235
IRS990/TotalAssetsGrp/EOYAmt0574883
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01835041
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0335593
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01291789
IRS990/TotalFunctionalExpensesGrp/TotalAmt01627382
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105656
IRS990/TotalLiabilitiesEOYAmt0222677
IRS990/TotalLiabilitiesGrp/BOYAmt0105656
IRS990/TotalLiabilitiesGrp/EOYAmt0222677
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0129579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352206
IRS990/TotalOtherCompensationAmt03327
IRS990/TotalProgramServiceExpensesAmt01291789
IRS990/TotalProgramServiceRevenueAmt014968
IRS990/TotalReportableCompFromOrgAmt081975
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01850009
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0235235
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0574883
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0129579
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0352206
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt08489
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03400 6TH STREET
IRS990/USAddress/CityNm0HARVEY
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070058
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.LAUREATECHARTER.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAIRE HECKERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum05045030170
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREATE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$574,883
Liabilities
$222,677
Net assets
$352,206
Revenue
$1,850,009
Expenses
$1,627,382
Net income
$222,627
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.90$0.74$6.16$7.99$7.39$0.60
2024Detailed filing. Detailed filing data is available for this year.$5.79$0.24$5.56$7.68$6.44$1.23
2023Detailed filing. Detailed filing data is available for this year.$4.91$0.59$4.32$6.86$5.96$0.90
2022Detailed filing. Detailed filing data is available for this year.$3.54$0.12$3.42$5.84$5.09$0.75
2021Detailed filing. Detailed filing data is available for this year.$2.75$0.08$2.67$5.18$3.94$1.24
2020Detailed filing. Detailed filing data is available for this year.$1.83$0.40$1.43$3.78$3.19$0.58
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.08$0.85$3.06$2.80$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.03$0.59$2.48$2.24$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.22$0.35$1.85$1.63$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.11$0.13$1.00$0.93$0.07
2015Summary only. Only limited summary data is available for this year.$0.06$0.00$0.14$0.08$0.06