Civic Intelligence

Laureate Academy Inc.

990 • Fiscal year 2018 • EIN 46-4907729

Jul 01, 2017 to Jun 30, 2018 • Filed on May 16, 2019

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

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

65th percentile

9.6%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$95,138

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

68th percentile

7.7%

Faster asset growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

34%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$618,942

Up $44,059 (+7.7%) from 2017

Net Assets

Up

$588,997

Up $236,791 (+67%) from 2017

Liabilities

Down

$29,945

Down $192,732 (-87%) from 2017

Revenue

Up

$2,479,445

Up $629,436 (+34%) from 2017

Expenses

Up

$2,242,654

Up $615,272 (+38%) from 2017

Net Income

Up

$236,791

Up $14,164 (+6.4%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$618,942
Liabilities$29,945
Net Assets$588,997

Operations Trend

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

2018

Revenue$2,479,445
Expenses$2,242,654
Net Income$236,791
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 16, 2019
Return Version
2017v2.3
Gross Receipts
$2,479,445
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 in grades k-8 with the academic skills and strength of character necessary for school and life success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$511,523$446,058▼ $65,465
Land, Buildings, and Equipment, Net$61,729$120,591▲ $58,862
Prepaid Expenses and Deferred Charges$1,631$50,684▲ $49,053
Accounts Receivable-$1,609-
Total Assets$574,883$618,942▲ $44,059
Liabilities
Deferred Revenue$162,500--
Accounts Payable and Accrued Expenses$16,452$23,390▲ $6,938
Other Liabilities$43,725$6,555▼ $37,170
Total Liabilities$222,677$29,945▼ $192,732
Net Assets / Fund Balance
Unrestricted Net Assets$352,206$588,997▲ $236,791
Total Net Assets Fund Balance$352,206$588,997▲ $236,791
Total Liabilities and Net Assets / Fund Balance$574,883$618,942▲ $44,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,801$44,820$88,621
Leasehold Improvements$76,790-$76,790
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire HeckermanHead of SchoolFT$88,182$6,956$95,138

Board Members and Trustees

NameTitle
William AaronChair
Pat LeblancVice Chair
Allison PlaisanceDirector
Brittney AnkersenDirector
David HueteDirector
Lisa ReboweDirector
Nicholas AucoinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,439,561
Program Service Revenue
$0
Investment Income
$2,253
Other Revenue
$37,631
All Other Contributions
$174,196
Change in Net Assets
$236,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,479,445
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,479,445
Total Revenue per Form 990
$2,479,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,360,227
Other Expenses$882,427
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$949,563$100,405-$1,049,968
Fees for Services Other$298,164$61,009-$359,173
Occupancy$182,099$20,233-$202,332
Other Employee Benefits$100,574$9,507-$110,081
Current Officers, Directors, Trustees, and Key Employees$48,932$48,932-$97,864
Payroll Taxes$79,433$10,618-$90,051
Other Expenses$142,515$55,366-$55,366
Fees for Services Accounting-$30,132-$30,132
Office Expenses-$23,256-$23,256
Information Technology$17,716$1,968-$19,684
Insurance-$19,481-$19,481
Depreciation Depletion$13,446$4,482-$17,928
Pension Plan Contributions$10,341$1,922-$12,263
Advertising-$6,442-$6,442
Fees for Services Legal-$3,148-$3,148
Interest-$2,970-$2,970
Total Functional Expenses$1,842,783$399,871$0$2,242,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,242,654
Total Expenses per Audited Statements$2,242,654
Total Expenses per Form 990$2,242,654
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$6,555
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. The executive director montiors activities throughout the school year. Any questions of conflicts are addressed with the affected individuals.

Form 990, Part VI, Section B, Line 15

Compensation is reviewed by the board annually through comparison of similarly sized schools in the area. The board review is documented in the board meeting minutes.

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
2019-05-16
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
28
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

Fingerprinting and background checks: program service expenses 0. Management and general expenses 689. Fundraising expenses 0. Total expenses 689. Professional services - instructional (substitute teachers, other) 1-8: program service expenses 11,110. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,110. Sped services: program service expenses 40,004. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,004. Professional dev-instr staff: program service expenses 48,491. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,491. Audit fees: program service expenses 0. Management and general expenses 14,248. Fundraising expenses 0. Total expenses 14,248. Architectural fees: program service expenses 6,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,000. Nursing services: program service expenses 2,485. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,485. Prof svcs - other - support services: program service expenses 0. Management and general expenses 26,152. Fundraising expenses 0. Total expenses 26,152. Professional dev-non-instruction: program service expenses 0. Management and general expenses 15,330. Fundraising expenses 0. Total expenses 15,330. Professional fees - facilities: program service expenses 18,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,000. Student transport- bus company: program service expenses 172,785. Management and general expenses 0. Fundraising expenses 0. Total expenses 172,785. Advertising-personnel recruiting: program service expenses 0. Management and general expenses 4,590. Fundraising expenses 0. Total expenses 4,590. Other purchase services- extra curricular/field trips: program service expenses -711. Management and general expenses 0. Fundraising expenses 0. Total expenses -711.

FORM 990, PART XII, LINE 2C:

There were no changes in the auditor oversight or selection process.

Financial Statement Notes

PART X, LINE 2:

The school is a nonprofit 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.

Raw XML AppendixShowing 400 of 422 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016452
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023390
IRS990/AccountsReceivableGrp/EOYAmt01609
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PREPARING EACH STUDENT IN GRADES K-8 WITH THE ACADEMIC SKILLS AND STRENGTH OF CHARACTER NECESSARY FOR SCHOOL AND LIFE SUCCESS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06442
IRS990/AdvertisingGrp/TotalAmt06442
IRS990/AllOtherContributionsAmt0174196
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YULIANA QUINTERO
IRS990/BooksInCareOfDetail/PhoneNum05045030170
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03400 6TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0HARVEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070058
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0511523
IRS990/CashNonInterestBearingGrp/EOYAmt0446058
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt048932
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt048932
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt097864
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02439561
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02253
IRS990/CYOtherExpensesAmt0882427
IRS990/CYOtherRevenueAmt037631
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0236791
IRS990/CYSalariesCompEmpBnftPaidAmt01360227
IRS990/CYTotalExpensesAmt02242654
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02479445
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0162500
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04482
IRS990/DepreciationDepletionGrp/ProgramServicesAmt013446
IRS990/DepreciationDepletionGrp/TotalAmt017928
IRS990/Desc0OPERATION OF A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 245 STUDENTS IN GRADES K-3.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01842783
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030132
IRS990/FeesForServicesAccountingGrp/TotalAmt030132
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03148
IRS990/FeesForServicesLegalGrp/TotalAmt03148
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt061009
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0298164
IRS990/FeesForServicesOtherGrp/TotalAmt0359173
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt76956
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM AARON
IRS990/Form990PartVIISectionAGrp/PersonNm1PAT LEBLANC
IRS990/Form990PartVIISectionAGrp/PersonNm2NICHOLAS AUCOIN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRITTNEY ANKERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID HUETE
IRS990/Form990PartVIISectionAGrp/PersonNm5ALLISON PLAISANCE
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA REBOWE
IRS990/Form990PartVIISectionAGrp/PersonNm7CLAIRE HECKERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt788182
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt02265365
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02479445
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01968
IRS990/InformationTechnologyGrp/ProgramServicesAmt017716
IRS990/InformationTechnologyGrp/TotalAmt019684
IRS990/InsuranceGrp/ManagementAndGeneralAmt019481
IRS990/InsuranceGrp/TotalAmt019481
IRS990/InterestGrp/ManagementAndGeneralAmt02970
IRS990/InterestGrp/TotalAmt02970
IRS990/InvestmentIncomeGrp/ExclusionAmt02253
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02253
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt044820
IRS990/LandBldgEquipBasisNetGrp/BOYAmt061729
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0120591
IRS990/LandBldgEquipCostOrOtherBssAmt0165411
IRS990/LegalDomicileStateCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01718
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01718
IRS990/MissionDesc0PREPARING 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0352206
IRS990/NetAssetsOrFundBalancesEOYAmt0588997
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020233
IRS990/OccupancyGrp/ProgramServicesAmt0182099
IRS990/OccupancyGrp/TotalAmt0202332
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023256
IRS990/OfficeExpensesGrp/TotalAmt023256
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09507
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0100574
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0110081
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt055366
IRS990/OtherExpensesGrp/ProgramServicesAmt0142515
IRS990/OtherExpensesGrp/TotalAmt0142515
IRS990/OtherExpensesGrp/TotalAmt155366
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt043725
IRS990/OtherLiabilitiesGrp/EOYAmt06555
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0ENERGY REIMBURSEMENT-
IRS990/OtherRevenueMiscGrp/Desc1KRISPY KREME FUND
IRS990/OtherRevenueMiscGrp/Desc2TAX RETURN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023734
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt111435
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2744
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023734
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111435
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2744
IRS990/OtherRevenueTotalAmt037631
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100405
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0949563
IRS990/OtherSalariesAndWagesGrp/TotalAmt01049968
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010618
IRS990/PayrollTaxesGrp/ProgramServicesAmt079433
IRS990/PayrollTaxesGrp/TotalAmt090051
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01922
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010341
IRS990/PensionPlanContributionsGrp/TotalAmt012263
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01631
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050684
IRS990/PrincipalOfficerNm0CLAIRE HECKERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01835041
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0668309
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt014968
IRS990/PYRevenuesLessExpensesAmt0222627
IRS990/PYSalariesCompEmpBnftPaidAmt0959073
IRS990/PYTotalExpensesAmt01627382
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01850009
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0236791
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt037631
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt043801
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044820
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088621
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02242654
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt076790
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt076790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02479445
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT 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 X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120591
IRS990ScheduleD/TotalExpensesPerForm990Amt02242654
IRS990ScheduleD/TotalLiabilityAmt06555
IRS990ScheduleD/TotalRevenuePerForm990Amt02479445
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02479445
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02242654
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. THE EXECUTIVE DIRECTOR MONTIORS ACTIVITIES THROUGHOUT THE SCHOOL YEAR. ANY QUESTIONS OF CONFLICTS ARE ADDRESSED WITH THE AFFECTED INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS REVIEWED BY THE BOARD ANNUALLY THROUGH COMPARISON OF SIMILARLY SIZED SCHOOLS IN THE AREA. THE BOARD REVIEW IS DOCUMENTED IN THE BOARD MEETING MINUTES.
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/ExplanationTxt5FINGERPRINTING AND BACKGROUND CHECKS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 689. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 689. PROFESSIONAL SERVICES - INSTRUCTIONAL (SUBSTITUTE TEACHERS, OTHER) 1-8: PROGRAM SERVICE EXPENSES 11,110. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,110. SPED SERVICES: PROGRAM SERVICE EXPENSES 40,004. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,004. PROFESSIONAL DEV-INSTR STAFF: PROGRAM SERVICE EXPENSES 48,491. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,491. AUDIT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 14,248. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,248. ARCHITECTURAL FEES: PROGRAM SERVICE EXPENSES 6,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,000. NURSING SERVICES: PROGRAM SERVICE EXPENSES 2,485. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,485. PROF SVCS - OTHER - SUPPORT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,152. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,152. PROFESSIONAL DEV-NON-INSTRUCTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,330. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,330. PROFESSIONAL FEES - FACILITIES: PROGRAM SERVICE EXPENSES 18,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,000. STUDENT TRANSPORT- BUS COMPANY: PROGRAM SERVICE EXPENSES 172,785. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,785. ADVERTISING-PERSONNEL RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,590. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,590. OTHER PURCHASE SERVICES- EXTRA CURRICULAR/FIELD TRIPS: PROGRAM SERVICE EXPENSES -711. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -711.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WERE NO CHANGES IN THE AUDITOR OVERSIGHT OR SELECTION PROCESS.
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/TotalAssetsBOYAmt0574883
IRS990/TotalAssetsEOYAmt0618942
IRS990/TotalAssetsGrp/BOYAmt0574883
IRS990/TotalAssetsGrp/EOYAmt0618942
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02439561
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0399871
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01842783
IRS990/TotalFunctionalExpensesGrp/TotalAmt02242654
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0222677
IRS990/TotalLiabilitiesEOYAmt029945
IRS990/TotalLiabilitiesGrp/BOYAmt0222677
IRS990/TotalLiabilitiesGrp/EOYAmt029945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0352206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0588997
IRS990/TotalOtherCompensationAmt06956
IRS990/TotalProgramServiceExpensesAmt01842783
IRS990/TotalReportableCompFromOrgAmt088182
IRS990/TotalRevenueGrp/ExclusionAmt02253
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037631
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02479445
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0574883
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0618942
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0352206
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0588997
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
ReasonableCauseExplanation/ExplanationTxt0LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAIRE HECKERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum05045030170
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREATE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0464907729
ReturnHeader/Filer/PhoneNum05045030170
ReturnHeader/Filer/USAddress/AddressLine1Txt03400 6TH STREET
ReturnHeader/Filer/USAddress/CityNm0HARVEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings