Civic Intelligence

Foundation Preparatory Charter School

990EZ • Fiscal year 2015 • EIN 46-4910477

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

13435 Granville StreetNew Orleans, LA 70129

(504) 434-0521

Siviq Scores

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

Liabilities / Assets

95th percentile

1.06x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

1.51x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

26th percentile

-8.0%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

86th percentile

$30,750

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$228,904

No earlier filing loaded for comparison.

Net Assets

-$12,725

No earlier filing loaded for comparison.

Liabilities

$241,629

No earlier filing loaded for comparison.

Revenue

$159,756

No earlier filing loaded for comparison.

Expenses

$172,481

No earlier filing loaded for comparison.

Net Income

-$12,725

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2015: $228,904Liabilities 2015: $241,629Net Assets 2015: -$12,7252015Assets 2016: $114,955Liabilities 2016: $69,498Net Assets 2016: $45,4572016Assets 2017: $601,443Liabilities 2017: $80,789Net Assets 2017: $520,6542017Assets 2018: $581,604Liabilities 2018: $152,024Net Assets 2018: $429,5802018Assets 2019: $510,571Liabilities 2019: $247,050Net Assets 2019: $263,5212019Assets 2020: $1,164,762Liabilities 2020: $248,775Net Assets 2020: $915,9872020

Highlighted filing

2015

Assets$228,904
Liabilities$241,629
Net Assets-$12,725

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $159,756Expenses 2015: $172,481Net Income 2015: -$12,7252015Revenue 2016: $874,716Expenses 2016: $996,079Net Income 2016: -$121,3632016Revenue 2017: $1,956,878Expenses 2017: $1,481,681Net Income 2017: $475,1972017Revenue 2018: $1,756,495Expenses 2018: $1,847,569Net Income 2018: -$91,0742018Revenue 2019: $2,048,283Expenses 2019: $2,214,342Net Income 2019: -$166,0592019Revenue 2020: $4,373,116Expenses 2020: $3,720,650Net Income 2020: $652,4662020

Highlighted filing

2015

Revenue$159,756
Expenses$172,481
Net Income-$12,725
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$159,756
Mission and Program Overview

Mission

To provide an excellent, equitable education to all students, regardless of demographic profile or previous academic history.

Program Services

DescriptionGrantsExpenses
PUBLIC CHARTER SCHOOL$39,102-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Myrialis KingSchool LeaderFT$30,750-$30,750
Matthew ShermanPresident-$0--
Shannon BriceDirector-$0--
Shannon CianDirector-$0--
Dante GreenDirector-$0--
Eric JensenDirector-$0--
Erin LuetkemeierDirector-$0--
Nicholas MoranDirector-$0--
Amy VanderhooftDirector-$0--
Barkley RaffertyDirector-$0--
Mark HeckDirector-$0--
Scott ChampagneDirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation Preparatory Charter School
EIN
46-4910477
Phone
5044340521
Address
13435 Granville Street, New Orleans, LA 70129

Signing Officer

Name
Myrialis King
Title
School Leader
Signed
2016-02-16
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1002

Office Expenses $174

Other Expenses.1012

Insurance $2874

Other Expenses.1

Student recruiting $6683

Other Expenses.2

Professional Development $3060

Other Expenses.3

Supplies $2812

Other Expenses.4

Teacher Recruit $2631

Other Expenses.5

Payrol Expenses $1091

Other Assets.1

Unused classroom supplies - Beginning $0 Unused classroom supplies - Ending $16009

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $29158

Total Liabilities.1003

Deferred Revenue - Beginning $0 Deferred Revenue - Ending $179545

Total Liabilities.1

Accrued expenses - Beginning $0 Accrued expenses - Ending $4000

Total Liabilities.2

Payroll liabilities - Beginning $0 Payroll liabilities - Ending $2259

Total Liabilities.3

Long term debt - Beginning $0 Long term debt - Ending $26667

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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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IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
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ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Myrialis King
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0School Leader
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Foundation Preparatory Charter School
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0464910477
ReturnHeader/Filer/PhoneNum05044340521
ReturnHeader/Filer/USAddress/AddressLine1Txt013435 Granville Street
ReturnHeader/Filer/USAddress/CityNm0New Orleans
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070129
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Daigrepont & Brian APAC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0910 S Acadian Thruway
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070806
ReturnHeader/PreparerPersonGrp/PhoneNum02259273760
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael B Loveless CPA
ReturnHeader/ReturnTs02016-02-16T11:29:57-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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