2021-03-18T09:09:51-05:00 2020-06-30 720136870 BOURGEOIS BENNETT LLC 111 VETERANS BLVD 17TH FLOOR METAIRIE LA 70005 990 2019-07-01 720408943 THE LOUISE S MCGEHEE SCHOOL LOUI 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 RANDY BRYAN CURRENT TREASURER 5045611224 2021-03-16 1 PAUL PECHON P01073556 5048314949 2019 2022-09-23 18:48:47Z RANDY BRYAN 2343 PRYTANIA STREET NEW ORLEANS LA 70130 15137971 0 X MCGEHEESCHOOL.COM X 1912 LA TO PROVIDE A COLLEGE PREPARATORY EDUCATION TO GIRLS IN AN INCLUSIVE ENVIRONMENT WHICH FOSTERS SELF-ESTEEM, ENCOURAGES HIGH PERSONAL STANDARDS, ADDRESSES INDIVIDUAL STUDENT NEEDS AND EMPHASIZES ACTIVE STUDENT PARTICIPATION IN THE LEARNING PROCESS. THE PROGRAM USES TRADITIONAL & INNOVATIVE TEACHING STRATEGIES TO CHALLENGE STUDENTS, FOSTER ENTHUSIASM & A COMMITMENT TO LIFELONG LEARNING. 27 27 235 115 0 0 1017137 1441372 11436348 12050156 166211 174836 91278 0 12710974 13666364 911872 1057387 0 0 8047261 8152695 0 0 433966 3641722 3283994 12600855 12494076 110119 1172288 22048150 25066820 10637801 12854852 11410349 12211968 X TO PROVIDE A COLLEGE PREPARATORY EDUCATION TO GIRLS IN AN INCLUSIVE ENVIRONMENT WHICH FOSTERS SELF-ESTEEM, ENCOURAGES HIGH PERSONAL STANDARDS, ADDRESSES INDIVIDUAL STUDENT NEEDS AND EMPHASIZES ACTIVE STUDENT PARTICIPATION IN THE LEARNING PROCESS. THE PROGRAM USES TRADITIONAL & INNOVATIVE TEACHING STRATEGIES TO CHALLENGE STUDENTS, AND TO FOSTER ENTHUSIASM & A COMMITMENT TO LIFELONG LEARNING. 0 0 7675289 12050156 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 164 YOUNG CHILDREN IN LITTLE GATE EARLY CHILDHOOD DEVELOPMENT, FOR A TOTAL OF 636 STUDENTS DURING THE 2018-2019 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. 1057387 1057387 FINANCIAL AID FOR 151 STUDENTS ENCOMPASSING ALL GRADE LEVELS. 8732676 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 1 42 0 1 235 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X RANDY BRYAN TREASURER 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 LAURA SHIELDS BOARD CHAIR 1.00 X X 0 0 0 J BALDWIN MONTGOMERY TREASURER 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 TRUSTEE 1.00 X 0 0 0 J RANDOLPH BRYAN FIRST VICE-PRESIDENT 1.00 X 0 0 0 VIRGINIA SWEET DUPUY TRUSTEE 1.00 X 0 0 0 MAHDAVI KING TRUSTEE 1.00 X 0 0 0 E JAMES KOCK III TRUSTEE 1.00 X 0 0 0 JOHN LAGARDE 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 JUDE OLINGER 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 MARY VON KURNATOWSKI TRUSTEE 1.00 X 0 0 0 ELIZABETH WILLIAMS TRUSTEE 1.00 X 0 0 0 CHARLEE WILLIAMSON SECRETARY 1.00 X 0 0 0 BONITA ROBERTSON-HARDY TRUSTEE 1.00 X 0 0 0 CATHERINE MAKK TRUSTEE 1.00 X 0 0 0 LESLIE TALLANT TRUSTEE 1.00 X 0 0 0 KRISTEN BAUMER TRUSTEE 1.00 X 0 0 0 KATIE LEGARDEUR TRUSTEE 1.00 X 0 0 0 CATHY DRENNAN TRUSTEE 1.00 X 0 0 0 HANNAH DIETSCH TRUSTEE 1.00 X 0 0 0 TAYLOR SCHMIDT POSPISIL TRUSTEE 1.00 X 0 0 0 KIMBERLY FIELD-MARVIN HEADMISTRESS 40.00 X 277135 0 0 GEORGE YOUNG TRUSTEE 1.00 X 0 0 0 277135 0 0 1 0 1 0 HEALTHY COURSE MEALS AND SUPPLEMENTS 139 HUEY P LONG AVE GRETNA LA 70053 MEAL SERVICES 581496 JRS EXTREME CLEANING SERVICE 1509 N I10 SERVICE RD METAIRIE LA 70005 CLEANING 147485 MR SPARKLE JANITORIAL 10164 JEFFERSON HWY NEW ORLEANS LA 70123 CLEANING 125558 3 1441372 1441372 TUITION & FEES 611110 11589502 11589502 AUXILIARY ACTIVITIES 611110 393815 393815 MISCELLANEOUS INCOME 611110 66839 66839 12050156 31370 31370 1615073 1471607 143466 143466 143466 13666364 12050156 0 174836 1057387 1057387 291349 218512 72837 7147811 5120980 1889273 137558 255404 196533 54033 4838 458131 339304 106664 12163 189066 189066 96296 96296 177966 68978 108988 221933 138170 83763 216141 202488 13259 394 60924 60924 658222 603575 53069 1578 306729 281264 24730 735 REPAIRS & MAINTENANCE 403973 370435 32570 968 FUNDRAISING 202895 202895 BOND FEES 197398 197398 STUDENT SERVICES 188429 188429 364022 165133 198889 12494076 8732676 3327434 433966 3039308 6933680 18880 11230 183099 221513 296314 224139 58272 58272 383471 380031 27001332 14747875 12505710 12253457 5473915 4905441 89181 79057 22048150 25066820 615498 909316 3803443 4429202 4480000 5800550 1738860 1715784 10637801 12854852 X 5635706 6485888 5774643 5726080 11410349 12211968 22048150 25066820 1172288 -370669 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6215419 152318 195833 86356 6835 6470379 6113778 84644 108450 84644 6809 6215419 7075305 96200 572683 1595762 34648 6113778 6653446 74960 772022 420908 4215 7075305 8284287 87105 -793379 896882 27685 6653446 0.09420 0.90580 0 0 1310583 1310583 24202544 13521617 10680927 1443716 1226258 217458 44489 44489 12253457 CAPITAL LEASE PAYABLE 1715784 1715784 X 12238308 -370669 -370669 12608977 1057387 1057387 13666364 11436689 0 11436689 1057387 1057387 12494076 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, 2017 AND LATER REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2020, 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 1,057,387. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS 1,057,387. 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. SPRING AUCTION BOOK WEEK 14 1 FINANCIAL AID TO STUDENTS OF THE SCHOOL 1057387 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 212500 0 0 0 64635 0 0 0 0 0 277135 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. GENE DRY TRUSTEE 25054 PARTNER IN COMPANY THAT PROVIDES TELEPHONE SERVICE TO THE SCHOOL 0 GEORGE YOUNG TRUSTEE 34243 SCHOOL ENDOWMENT FUND IS MANAGED BY VILLERE & CO. MR. YOUNG IS A PARTNER THERE. 0 X FACILITY RENOVATIONS 1 11222 COMPARABLE SALES 0 0 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.