2026-04-27T12:33:51-05:00 2025-06-30 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-07-01 454928100 LAYC CAREER ACADEMY PUBLIC CHARTER SCHOOL LAYC 2023192228 750 FIRST STREET NE SUITE 300 WASHINGTON DC 20002 NICOLE HANRAHAN EXECUTIVE DIRECTOR 2023192228 2026-04-01 1 1 MONIQUE BOOKER P00644231 4105842218 2024 2025-03-06 01:10:19Z NICOLE HANRAHAN 750 FIRST STREET NE SUITE 300 WASHINGTON DC 20002 6480400 0 X WWW.LAYCCA.ORG X 2012 DC LAYC CAREER ACADEMY ENGAGES AND EMPOWERS YOUNG PEOPLE BETWEEN THE AGES OF 16 - 30 BY PROVIDING A COLLEGE PREPARATORY EDUCATION, CAREER TRAINING IN HIGH GROWTH OCCUPATIONS, AND COLLEGE-CREDIT CLASSES. THE LAYC CAREER ACADEMY (LAYCCA) IS AN INNOVATIVE SCHOOL MODEL THAT PROVIDES A BRIDGE BETWEEN HIGH SCHOOL AND COLLEGE FOR YOUTH AGES 16 TO 30 IN THE DISTRICT OF COLUMBIA. LAYCCA PROVIDES YOUTH WITH COLLEGE CREDITS, A RIGOROUS AND SELF-PACED GED PROGRAM, A COLLEGE PREPARATORY CURRICULUM AND CAREER TRAINING IN THE HEALTH CARE AND INFORMATION TECHNOLOGY (IT) FIELDS. NINETY FIVE PERCENT OF OUR STUDENTS ARE WORKING OR IN SCHOOL WITHIN SIX MONTHS OF GRADUATION. 10 10 28 10 0 0 698097 1710630 3100658 4571981 0 121186 80889 76603 3879644 6480400 0 0 0 0 1902095 2524257 0 24900 49121 1754477 1965150 3656572 4514307 223072 1966093 3158143 18649894 170784 13696442 2987359 4953452 LAYC CAREER ACADEMY ENGAGES AND EMPOWERS OLDER YOUTH AND YOUNG ADULTS BY PROVIDING A COLLEGE PREPARATORY EDUCATION, CAREER TRAINING IN HIGH-GROWTH OCCUPATIONS AND/OR COLLEGE-CREDIT CLASSES. 0 0 4295836 4571981 LAYC CAREER ACADEMY ENGAGES AND EMPOWERS YOUNG PEOPLE BETWEEN THE AGES OF 16 AND 30 BY PROVIDING A COLLEGE PREPARATORY EDUCATION, CAREER TRAINING IN HIGH-GROWTH OCCUPATIONS AND/OR COLLEGE-CREDIT CLASSES AND THE CONFIDENCE TO SUCCEED IN COLLEGE AND CAREERS. NINETY FIVE PERCENTOF OUR STUDENTS ARE WORKING OR IN SCHOOL WITHIN SIX MONTHS OF GRADUATION. 4295836 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 28 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X NICOLE HANRAHAN 2023192228 750 FIRST STREET NE SUITE 300 WASHINGTON DC 20002 LORI KAPLAN BOARD CHAIR 1.00 X 0 0 0 ANA HAGEAGE VICE CHAIR 1.00 X 0 0 0 KATE BRANNON BOARD TREASURER 1.00 X 0 0 0 LINDA MOORE BOARD SECRETARY 0.00 X 0 0 0 EMMANUEL CAUDILLO BOARD MEMBER 1.00 X 0 0 0 DEAN D'ANGELO BOARD MEMBER 1.00 X 0 0 0 NOEMI ENCHAUTEGUI-DE-JESUS BOARD MEMBER 1.00 X 0 0 0 TALIB ROBINSON BOARD MEMBER 1.00 X 0 0 0 BENJAMIN RUIZ BOARD MEMBER 1.00 X 0 0 0 TAYLOR WHITELOW BOARD MEMBER 1.00 X 0 0 0 NICOLE HANRAHAN EXECUTIVE DIRECTOR 40.00 X 160618 0 0 DR JACQUELINE FERNANDEZ SCHOOL PRINCIPAL 40.00 X 136845 0 0 IVETTE CRUZ DIRECTOR OF ACADEMICS 40.00 X 120750 0 0 ABNER SOTO-HENRY IT PROGRAM DIRECTOR & INSTRUCTOR 40.00 X 106898 0 0 MARTHA ANGELICA MARTINEZ SANCHEZ SPECIAL EDUCATION COORDINATOR 40.00 X 106342 0 0 631453 0 0 5 0 1 0 HSA UWC HQ-DC 4 WEST 43RD ST NEW YORK NY 10036 RENT AND UTILITIES 650264 LATIN AMERICAN YOUTH CENTER 1419 COLUMBIA ROAD NW WASHINGTON DC 20009 IT SUPPORT 111327 2 811848 898782 1710630 PER PUPIL ALLOCATION 611110 4571981 4571981 4571981 121186 121186 OTHER INCOME 900099 76603 76603 76603 6480400 4571981 0 197789 297463 282599 12623 2241 1886604 1792333 80060 14211 25432 24160 1080 192 123198 117033 5233 932 191560 181975 8137 1448 2175 2088 79 8 153641 147514 5581 546 24900 24900 183554 175725 6645 1184 83744 80402 3040 302 669142 642443 24290 2409 44127 42366 1602 159 62334 59847 2263 224 20585 19764 747 74 DIRECT STUDENT COSTS 652603 652603 ADMINISTRATOR FEE (TO P 56409 54158 2048 203 DUES 15139 15139 21697 20826 783 88 4514307 4295836 169350 49121 2853080 3141228 126380 4190876 772 21068 151295 1347195 67385 112823 1279810 44792 9885913 3158143 18649894 170784 870462 54859 0 12771121 170784 13696442 X 2987359 4953452 2987359 4953452 3158143 18649894 1966093 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240733 67385 173348 1106462 1106462 1279810 SECURITY DEPOSIT 64792 RIGHT-OF-USE ASSET, OPERATING 8821121 LEASE COLLATERAL DEPOSIT 1000000 9885913 LEASE LIABILITY, OPERATING 12771121 12771121 X 6480400 0 6480400 0 6480400 4514307 0 4514307 0 4514307 PART X, LINE 2: THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE DISTRICT OF COLUMBIA INCOME TAX LAWS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ACADEMY PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2025 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. FOR THE YEAR ENDED JUNE 30, 2025, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2025 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ACADEMY FILES TAX RETURNS. IT IS THE ACADEMY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 LAYC CAREER ACADEMY IS OPEN TO ALL DC RESIDENTS AGES 16-30. NON DISCRIMINATION WORDING ON OUR WEBSITE AND READING MATERIAL STATES "THE LAYCCA PCS IS OPEN TO ANY RESIDENT OF THE DISTRICT OF COLUMBIA BETWEEN THE AGES OF 16 AND 30. LAYC CAREER ACADEMY PCS PROHIBITS DISCRIMINATION ON THE BASIS OF A STUDENT'S RACE, COLOR, RELIGION, NATIONAL ORIGIN, LANGUAGE SPOKEN, INTELLECTUAL OR ATHLETIC ABILITY, MEASURES OF ACHIEVEMENT OR APTITUDE, OR STATUS AS A STUDENT WITH SPECIAL NEEDS." SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES A STUDENT ALLOCATION FROM THE GOVERNMENT OF THE DISTRICT OF COLUMBIA TO COVER THE COST OF ACADEMIC EXPENSES. 0 FUND ED STRATEGIES 157 COLUMBUS AVENUE 510 NEW YORK NY 10023 CONSULTING 0 0 0 24900 24900 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 0 0 0 0 0 0 0 0 0 NICOLE HANRAHAN EXECUTIVE DIRECTOR 151918 0 7500 0 1200 0 0 0 0 0 160618 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR DISTRIBUTED A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS TO DISCUSS BEFORE THE FORM 990 WAS SENT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES NEW BOARD MEMBERS TO DISCLOSE CONFLICTS OF INTEREST AND WILL REQUIRE AN ANNUAL REVIEW, CERTIFICATION AND DISCLOSURE OF CONFLICT OF INTEREST FOR CURRENT BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 SALARIES OF EMPLOYEES ARE SET ACCORDING TO SET SALARY SCALES THAT WERE DEVELOPED AS PART OF THE SCHOOL'S TRANSPARENT COMPENSATION SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEAR.