2021-01-26T14:16:49-06:00 2020-06-30 721396621 CARR RIGGS & INGRAM LLC 111 VETERANS BLVD SUITE 350 METAIRIE LA 70005 990 2019-07-01 263202807 SUCCESS PREPARATORY ACADEMY AT WICKER SUCC 5043736200 4621 CANAL ST NEW ORLEANS LA 70119 ADAM MEINIG EXECUTIVE DIRECTOR 5043736200 2021-01-20 1 MELISSA Y DUHON CPA P50053660 5048379116 2021-01-20 2019 2022-09-23 18:48:47Z ADAM MEINIG 4621 CANAL ST NEW ORLEANS LA 70119 6312394 0 X WWW.SUCCESSPREPARATORY.ORG X 2008 LA AT SUCCESS AT THURGOOD MARSHALL, WE EMPOWER ALL STUDENTS WITH THE ACADEMIC SKILLS, CHARACTER TRAITS, AND SELF-CONFIDENCE TO LIVE HAPPY, HEALTHY LIVES OF UNLIMITED POSSIBILITY. 13 13 79 105 0 0 6054551 6238578 50545 49043 12485 16073 3189 8700 6120770 6312394 0 0 0 0 3624139 3854425 0 0 0 2302532 2107387 5926671 5961812 194099 350582 1408682 1725521 133818 100075 1274864 1625446 AT SUCCESS AT THURGOOD MARSHALL, WE EMPOWER ALL STUDENTS WITH THE ACADEMIC SKILLS, CHARACTER TRAITS, AND SELF-CONFIDENCE TO LIVE HAPPY, HEALTHY LIVES OF UNLIMITED POSSIBILITY. 0 0 4241233 57743 INSTRUCTIONAL EXPENSES INCURRED. FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES. 4241233 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 79 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ELLIOT EDWARDS 5049410185 4621 CANAL ST NEW ORLEANS LA 70119 ROBERT EDGECOMBE MEMBER-AT-LARGE 3.00 X 0 0 0 SHAWN PREAU MEMBER-AT-LARGE 2.00 X 0 0 0 DARIN LIM YANKOWITZ MEMBER-AT-LARGE 2.00 X 0 0 0 EMILE A BAGNERIS III MEMBER-AT-LARGE 2.00 X 0 0 0 ANGELA KEYES CHAIR 2.00 X X 0 0 0 JABREEL WALKER SECRETARY 2.00 X X 0 0 0 RANDALL FROST VICE CHAIR 2.00 X X 0 0 0 KEYWANNA PIERCE MEMBER-AT-LARGE 2.00 X 0 0 0 BETH MCLEAR TREASURER 2.00 X X 0 0 0 STEPHEN REUTHER MEMBER-AT-LARGE 2.00 X 0 0 0 NICOLE CARIDAD RALSTON MEMBER-AT-LARGE 2.00 X 0 0 0 KRYSTAL ALLEN MEMBER-AT-LARGE 2.00 X 0 0 0 KING LOGAN MEMBER-AT-LARGE 2.00 X 0 0 0 ADAM MEINIG EXECUTIVE DIRECTOR 45.00 X 123764 0 7237 123764 0 7237 1 0 0 0 CHARTWELLS DINING SERVICES 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICES 324422 A&S TRANSPORTATION 4099 INDUSTRIAL PKWY NEW ORLEANS LA 70129 BUS TRANSPORTATION 259769 SCHOLARS FIRST 201 ST CHARLES AVE NEW ORLEANS LA 70170 BUS TRANSPORTATION 187550 MAINTECH BUILDING SERVICES PO BOX 791624 NEW ORLEANS LA 70179 CUSTODIAL MAINT SERVICE 174550 4 6227934 10644 6238578 MEDICAID REIMBURSMENTS 611110 41106 41106 BOOKS AND SUPPLIES 611110 7937 7937 49043 16073 16073 MISCELLANEOUS 900099 8700 8700 8700 6312394 57743 0 16073 X 125100 92245 32855 3158693 2329115 829578 123189 90835 32354 205233 151332 53901 242210 178598 63612 12747 10035 2712 54496 42900 11596 924684 479861 444823 18268 18268 414847 254291 160556 238261 193658 44603 398390 386128 12262 7461 5021 2440 1520 1016 504 36713 26198 10515 5961812 4241233 1720579 0 -124948 -158062 1229269 1558502 217351 219029 76587 92110 10117 3297 3301 6820 7122 7122 1408682 1725521 133818 100075 133818 100075 X 1211264 1562447 63600 62999 1274864 1625446 1408682 1725521 350582 0 X 0 1 X 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5038 504 4534 5079 2793 2286 6820 X 6312394 0 6312394 0 6312394 5961812 0 5961812 0 5961812 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, SUCCESS PREP IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. SUCCESS PREP HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. SUCCESS PREP UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORELIKELY- THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2020 AND 2019, SUCCESS PREP HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STUDENT REGISTRATION AND ENROLLMENT OCCURS THROUGH A CENTRALIZED PROCESS THAT IS MANAGED BY THE RECOVERY SCHOOL DISTRICT. SUCCESS PREPARATORY ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY AS IT RELATES TO STUDENT ENROLLMENT ON THE SCHOOL WEBSITE (SUCCESSPREPARATORY.ORG). SCHEDULE E, PART I, LINE 6 SUCCESS PREPARATORY ACADEMY IS A CHARTER SCHOOL IN NEW ORLEANS. IT RECEIVES ASSISTANCE PRIMARILY FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE LOUISIANA STATE DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A EXISTING MEMBERS OF THE BOARD OF DIRECTORS MUST NOMINATE NEW MEMBERS. NEW MEMBERS ARE THEN APPROVED BY THE VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE LOUISIANA DEPARTMENT OF EDUCATION AND STATE BOARD OF ELEMENTARY AND SECONDARY EDUCATION HAS SELECTIVE OVERSIGHT OVER BOARD DECISIONS. ANY BOARD DECISIONS MAY BE SUBJECT TO APPROVAL AND COMPLIANCE WITH DEPARTMENT POLICIES AND DIRECTIVES. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - EACH BOARD MEMBER RECEIVES A DRAFT COPY OF THE 990 AND EXAMINES FOR ITEMS THAT MAY BRING UP DISCUSSION WITH OTHER MEMBERS AND/OR TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS UPDATED AS CONFLICTS ARISE FOLLOWING INITIAL CLEARANCE FOR BOARD OF DIRECTOR ELECTIONS. FORM 990, PART VI, SECTION B, LINE 15A OFFICER SALARY ORIGINALLY WAS DETERMINED BY THE NON-PROFIT ENTITY'S THIRD PARTY LEADERSHIP PROGRAM, NEW SCHOOLS FOR NEW ORLEANS. OFFICERS PARTICIPATED IN THE PROGRAM DURING THE 2008-09 SCHOOL YEAR. THE ORIGINAL SALARY WAS BASED ON THE AVERAGE SALARIES BY POSITION AT THAT TIME. THEREAFTER, THE BOARD HAS RAISED THE OFFICERS SALARIES 2-4% ANNUALLY BASED ON INDIVIDUAL OFFICER PERFORMANCE EVALUATIONS OR COST OF LIVING. OTHER STAFF SALARIES WERE ORIGINALLY BASED ON THE 2008-09 RECOVERY SCHOOL DISTRICT SALARY SCALE PLUS 10% TO ACCOUNT FOR AN EXTENDED SCHOOL YEAR. STAFF SALARIES INCREASE EACH YEAR BASED ON EITHER A 2-3% COST OF LIVING ADJUSTMENT OR INDIVIDUAL PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 SUCCESS PREPARATORY ACADEMY MAKES ALL BOARD MEETING AGENDAS AND MINUTES PUBLIC BY POSTING ON THEIR WEBSITE, WWW.SUCCESSPREPARATORY.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 197,818. MANAGEMENT AND GENERAL EXPENSES 53,473. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 251,291. BUS SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 391,350. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 391,350. FOOD SERVICE: PROGRAM SERVICE EXPENSES 282,043. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 282,043.