2022-05-02T11:50:08-05:00 2021-06-30 720136870 BOURGEOIS BENNETT LLC 111 VETERANS BLVD SUITE 1700 METAIRIE LA 70005 990 2020-07-01 720408943 THE LOUISE S MCGEHEE SCHOOL LOUI 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 BRITTANEE BAER DIRECTOR OF FINANCE 5045611224 2022-04-27 1 BRITTANEE BAER 999009999 PAUL PECHON P01073556 5048314949 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RANDY BRYAN 2343 PRYTANIA STREET NEW ORLEANS LA 70130 18030755 0 X MCGEHEESCHOOL.COM X 1912 LA THE LOUISE S. MCGEHEE SCHOOL PROVIDES EACH GIRL WITH THE FOUNDATION TO REALIZE HER INDIVIDUAL POTENTIAL THROUGH A RIGOROUS ACADEMIC EDUCATION GUIDED BY HONOR, SERVICE AND LEADERSHIP. IN THIS DYNAMIC, INCLUSIVE COMMUNITY, STUDENTS DEVELOP LIFELONG LEARNING SKILLS THROUGH THE USE OF CRITICAL AND ETHICAL THINKING. 24 24 268 80 0 0 1441372 2853920 12050156 12340310 174836 257332 0 0 13666364 15451562 1057387 1056494 0 0 8152695 8444181 0 0 477304 3283994 3503091 12494076 13003766 1172288 2447796 25066820 28614181 12854852 12510910 12211968 16103271 X THE LOUISE S. MCGEHEE SCHOOL PROVIDES EACH GIRL WITH THE FOUNDATION TO REALIZE HER INDIVIDUAL POTENTIAL THROUGH A RIGOROUS ACADEMIC EDUCATION GUIDED BY HONOR, SERVICE AND LEADERSHIP. IN THIS DYNAMIC, INCLUSIVE COMMUNITY, STUDENTS DEVELOP LIFELONG LEARNING SKILLS THROUGH THE USE OF CRITICAL AND ETHICAL THINKING. 0 0 8040212 12340310 THE LOUISE S. MCGEHEE SCHOOL USED TRADITIONAL AND INNOVATIVE TEACHING STRATEGIES TO PROVIDE AN EXCEPTIONAL LEARNING EXPERIENCE TO 472 YOUNG WOMEN ATTENDING PRE-K THROUGH TWELFTH GRADE, AND 171 YOUNG CHILDREN IN LITTLE GATE EARLY CHILDHOOD DEVELOPMENT, FOR A TOTAL OF 643 STUDENTS DURING THE 2020-2021 ACADEMIC YEAR. THE EXPENSES OF THE EXEMPT PURPOSE OF THE SCHOOL WERE NECESSARY TO SUPPORT NEED-BASED FINANCIAL ASSISTANCE, FACULTY SALARIES AND BENEFITS, TECHNOLOGY UPGRADES, SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, MATH, AND SPECIAL PROGRAMS AND ACTIVITIES TO A DIVERSE POPULATION OF GIRLS IN THE GREATER NEW ORLEANS AREA. 1056494 1056494 FINANCIAL AID FOR 151 STUDENTS ENCOMPASSING ALL GRADE LEVELS. 9096706 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 32 0 1 268 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X BRITTANEE BAER DIRECTOR OF FINANCE 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 LAURA SHIELDS BOARD CHAIR 1.00 X X 0 0 0 HARRIET MUFFIN BALART TRUSTEE 1.00 X 0 0 0 ADELAIDE WISDOM BENJAMIN TRUSTEE 1.00 X 0 0 0 E CHRISTIAN BLESSEY TRUSTEE 1.00 X 0 0 0 CAROLINE MONSTED BRADY MEMBER AT LARGE 1.00 X X 0 0 0 J RANDOLPH BRYAN TREASURER 1.00 X X 0 0 0 MAHDAVI KING TRUSTEE 1.00 X 0 0 0 E JAMES KOCK III TRUSTEE 1.00 X 0 0 0 CAROLYN LORIO TRUSTEE 1.00 X 0 0 0 BETSY NALTY TRUSTEE 1.00 X 0 0 0 ROBERT PHILLIPS TRUSTEE 1.00 X 0 0 0 WILLIAM TROUTT TRUSTEE 1.00 X 0 0 0 CHARLEE WILLIAMSON SECRETARY 1.00 X X 0 0 0 BONITA ROBERTSON-HARDY TRUSTEE 1.00 X 0 0 0 CATHERINE MAKK TRUSTEE 1.00 X 0 0 0 KRISTEN BAUMER MEMBER AT LARGE 1.00 X X 0 0 0 KATIE LEGARDEUR TRUSTEE 1.00 X 0 0 0 CATHY DRENNAN TRUSTEE 1.00 X 0 0 0 HANNAH DIETSCH FIRST VICE PRESIDENT 1.00 X X 0 0 0 GEORGE YOUNG TRUSTEE 1.00 X 0 0 0 ELISE MERLIN TRUSTEE 1.00 X 0 0 0 MARGO PHELPS TRUSTEE 1.00 X 0 0 0 DORIAN STONE TRUSTEE 1.00 X 0 0 0 TANIA TETLOW TRUSTEE 1.00 X 0 0 0 KIMBERLY FIELD-MARVIN HEADMISTRESS 40.00 X 305715 0 18547 BRITTANEE BAER DIRECTOR OF FINANCE 40.00 X 109751 0 0 415466 0 18547 2 0 1 0 HEALTHY COURSE MEALS AND SUPPLEMENTS 139 HUEY P LONG AVE GRETNA LA 70053 MEAL SERVICES 387053 SOUTHEAST WATERPROOFING 1028 JUSTIN ROAD METAIRIE LA 70001 WATERPROOFING 235803 JRS EXTREME CLEANING SERVICE 29 KAREN COURT JEFFERSON LA 70121 CLEANING 233487 MR SPARKLE JANITORIAL 10164 JEFFERSON HWY RIVER RIDGE LA 70123 CLEANING 151740 MJ FALGOUST INC 337 CARONDELET STREET NEW ORLEANS LA 70130 RENT 144994 7 1600550 1253370 2853920 TUITION & FEES 611110 11910388 11910388 AUXILIARY ACTIVITIES 611110 357702 357702 MISCELLANEOUS INCOME 611110 72220 72220 12340310 20532 20532 2815993 2579193 236800 236800 236800 15451562 12340310 0 257332 1056494 1056494 324262 243197 81065 7392136 5160929 2042886 188321 260557 203548 52989 4020 467226 345971 108833 12422 331576 331576 104588 104588 204183 79359 124824 211904 131825 80079 254290 236345 17427 518 82344 82344 664154 609015 53547 1592 309291 283613 24937 741 REPAIRS & MAINTENANCE 419575 384741 33828 1006 CLASSROOM SUPPLIES & AC 333167 333167 STUDENT SERVICES 209742 209742 FUNDRAISING 187619 187619 190658 61957 128701 13003766 9096706 3429756 477304 6933680 7206509 11230 10000 221513 108846 224139 203852 58272 49558 380031 513221 28003337 15109528 12253457 12893809 4905441 7553688 79057 74698 25066820 28614181 909316 871737 4429202 5399148 5800550 3920000 1715784 2320025 12854852 12510910 X 6485888 8834482 5726080 7268789 12211968 16103271 25066820 28614181 2447796 1443507 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6265095 153229 1700839 8119163 6215419 245509 -195833 6265095 6113778 84644 108450 84644 6809 6215419 7075305 96200 572683 1595762 34648 6113778 6653446 74960 772022 420908 4215 7075305 0.10580 0.89420 0 0 1310583 1310583 25350829 14089590 11261239 1341925 1019938 321987 12893809 CAPITAL LEASE PAYABLE 2320025 2320025 X 15838575 1443507 1443507 14395068 1056494 1056494 15451562 11947273 0 11947273 1056494 1056494 13003767 PART X, LINE 2: THE SCHOOL HAS RECEIVED A TAX-EXEMPT RULING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL TAXES UNLESS THE SCHOOL HAS UNRELATED TRADE OR BUSINESS INCOME. ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. TAX YEARS ENDED JUNE 30, 2018 AND LATER REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2021, MANAGEMENT OF THE SCHOOL BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS 1,056,494. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS 1,056,494. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS ITS STUDENT APPLICATION PACKETS. 1 FINANCIAL AID TO STUDENTS OF THE SCHOOL 151 1056494 PART I, LINE 2: THE ORGANIZATION DOES NOT ISSUE GRANTS TO ORGANIZATIONS. IT ISSUES FINANCIAL ASSISTANCE FOR TUITION RELIEF TO STUDENTS OF THE SCHOOL BASED ON SPECIFIC CRITERIA. X 1 1 X X 0 0 0 0 0 0 0 0 0 KIMBERLY FIELD-MARVIN HEADMISTRESS 235997 0 25000 0 44718 0 0 0 18547 0 324262 0 0 0 A LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT 721416168 546282CH5 2010-06-17 7000000 SEE DESCRIPTION OF PURPOSE IN SCHEDULE K, PAGE 3, PART VI 0 0 0 A 7000000 135689 6864311 2015 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 WHITNEY NATIONAL BANK 5.000000000000 1 0 0 0 0 A 0 FORM 990, SCHEDULE K, PAGE 1, PART I, LINE A(F) THE LOUISE S. MCGEHEE SCHOOL WILL USE THE PROCEEDS OF THE BONDS TO (A) REFINANCE THE PRIOR LOANS; (B) FINANCE THE CONSTRUCTION, RENOVATION, EQUIPPING AND FURNISHING OF CERTAIN BUILDINGS AND FACILITIES ON THE CAMPUS OF THE LOUISE S. MCGEHEE SCHOOL IN NEW ORLEANS, LOUISIANA AND (C) PAY A PORTION OF THE COSTS OF ISSUANCE OF THE BONDS. GEORGE YOUNG TRUSTEE 53888 SCHOOL ENDOWMENT FUND IS MANAGED BY VILLERE & CO. MR. YOUNG IS A PARTNER THERE. 0 FORM 990, PART VI, SECTION A, LINE 2 SEE SCHEDULE L FOR EXPLANATION OF RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE RETURN IS PROVIDED TO THE CHIEF FINANCIAL OFFICER, WHO REVIEWS AND PROVIDES EDITS TO THE RETURN, AND THEN SUBMITS A DRAFT TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW BEFORE THE RETURN IS FILED. THE TREASURER APPROVES THE RETURN AND AUTHORIZES THE CPA FIRM TO FINALIZE THE RETURN FOR SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS EACH TRUSTEE SIGNS AN ACKNOWLEDGEMENT THAT THEY ARE AWARE OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND ARE IN COMPLIANCE WITH IT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES UTILIZES THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE THE COMPENSATION OF THE HEADMISTRESS. THE CONSULTANT SPECIALIZES IN COMPENSATION FOR INDEPENDENT SCHOOLS AND USES COMPARABLE DATA IN ITS RECOMMENDATIONS. THE RECOMMENDATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND PRESENTED TO THE FULL BOARD FOR DISCUSSION AND APPROVAL. THE ORGANIZATION'S EMPLOYEE BENEFITS LEGAL COUNSEL IS USED TO PREPARE THE HEADMISTRESS'S EMPLOYMENT AGREEMENT. THE COMPENSATION OF THE BUSINESS OFFICER IS DETERMINED BY THE HEADMISTRESS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING AND REPORTING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.