EINSTEIN GROUP: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EINSTEIN GROUP (EIN 20-0913967)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-06-15
IRS object ID
202121669349302122
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-06-15T15:00:23-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721088864PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LAPORTE APACBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 VETERANS MEMORIAL BLVD 600AddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP700054958ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200913967EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EINSTEIN GROUP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEINSBusinessNameControlTxt
Phone5043247450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR RAYMOND DELANEYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5043247450PhoneNum
Signature2021-06-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE S PRENDERGAST MS CPAPreparerPersonNm
PTINP00151746PTIN
Phone5048355522PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR RAYMOND DELANEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70129ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$22,247,762GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.EINSTEINCHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO PROVIDE TUITION-FREE, QUALITY EDUCATION TO STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE IN ORLEANS PARISH. THE SCHOOL SPECIALIZES IN MATH AND SCIENCE.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee316TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,519,764PYContributionsGrantsAmt
CY Contributions Grants$20,705,537CYContributionsGrantsAmt
PY Program Service Revenue$1,196,440PYProgramServiceRevenueAmt
CY Program Service Revenue$1,163,230CYProgramServiceRevenueAmt
PY Investment Income$27,892PYInvestmentIncomeAmt
CY Investment Income$24,070CYInvestmentIncomeAmt
PY Other Revenue$19,915PYOtherRevenueAmt
CY Other Revenue$354,925CYOtherRevenueAmt
PY Total Revenue$19,764,011PYTotalRevenueAmt
CY Total Revenue$22,247,762CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$13,899,956PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$15,684,415CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$112,856CYTotalFundraisingExpenseAmt
PY Other Expenses$5,385,889PYOtherExpensesAmt
CY Other Expenses$6,590,242CYOtherExpensesAmt
PY Total Expenses$19,285,845PYTotalExpensesAmt
CY Total Expenses$22,274,657CYTotalExpensesAmt
PY Revenues Less Expenses$478,166PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$26,895CYRevenuesLessExpensesAmt
Total Assets BOY$5,165,163TotalAssetsBOYAmt
Total Assets EOY$8,702,748TotalAssetsEOYAmt
Total Liabilities BOY$1,475,893TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,040,373TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,689,270NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,662,375NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE ACADEMIC EXCELLENCE IN TEACHING AND LEARNING THROUGH THE INTEGRATION OF MATHEMATICS AND SCIENCE IN INTERDISCIPLINARY CURRICULA AND TO PROMOTE THE IDEALS AND HABITS OF LIFELONG LEARNING AMONG ALL STAKEHOLDERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$18,403,826ExpenseAmt
Revenue$1,083,230RevenueAmt
DescEINSTEIN CHARTER SCHOOL IS AN OPEN ADMISSION SCHOOL PROVIDING EDUCATION WITH A CURRICULUM SPECIALIZED IN MATH AND SCIENCE FOR GRADES PRE-KINDERGARTEN THROUGH EIGHTH GRADE. EINSTEIN CHARTER SCHOOL SERVED 1,695 STUDENTS, TUITION FREE, FROM THE MICHOUD COMMUNITY IN NEW ORLEANS EAST DURING THE 2019-2020 SCHOOL YEAR.WE ARE NOW RECOGNIZED AS A MODEL FOR EXPANDING CHARTER SCHOOL NETWORKS SERVING HIGH POVERTY, HIGH NEEDS STUDENTS. EINSTEIN SERVES WELL OVER HALF OF ALL ENGLISH LANGUAGE LEARNERS IN THE OPSB SYSTEM. RECENT ACHIEVEMENTS INCLUDE: EINSTEIN CHARTER ELEMENTARY SCHOOL AT VILLAGE DE L'EST EARNED THE CHEVRON PROJECT LEAD THE WAY'S DISTINGUISHED SCHOOL AWARD FOR 2017-18, THE ONLY SCHOOL TO DO SO IN LOUISIANA. FOR THE SEVENTH CONSECUTIVE YEAR, 100% OF OUR 8TH GRADE STUDENTS WHO PARTICIPATED IN ALGEBRA I PASSED THEIR END-OF-COURSE EXAM AND EARNED CREDIT PRIOR TO MATRICULATION. FINALLY, ALL EINSTEIN CHARTER SCHOOLS OUTSCORED OR EQUALED OPSB AND LA STATEWIDE TOP GROWTH PERCENTILES FOR ENGLISH LANGUAGE ARTS (ELA). EINSTEIN MIDDLE AND HIGH SCHOOLS OUTSCORED OR EQUALED OPSB AND LA STATEWIDE TOP GROWTH PERCENTILES IN MATH IN 2019.Desc
Total Program Service Expenses$18,403,826TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document60IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee316EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPHIL HEBERTPersonNm
Phone9853865740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 WEST PINE STREETAddressLine1Txt
CityPONCHATOULACityNm
State AbbreviationLAStateAbbreviationCd
ZIP70454ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DURRELL LAURENT
BOARD PRESIDENT6.00Yes (X)Yes (X)$0$0$0
CLARICE T KIRKLAND
VICE-PRESIDENT6.00Yes (X)Yes (X)$0$0$0
JOE ROCHELLE
SECRETARY6.00Yes (X)Yes (X)$0$0$0
LAUREN NARCISSE
BOARD MEMBER6.00Yes (X)$0$0$0
ANGELA VANCE
BOARD MEMBER6.00Yes (X)$0$0$0
MAYA EDWARDS
BOARD MEMBER6.00Yes (X)$0$0$0
DR RAYMOND DELANEY
BOARD MEMBER6.00Yes (X)$0$0$0
MICHAEL MCKENZIE
CEO40.00Yes (X)$115,912$0$16,700
LAKENYA COLLINS
CFO40.00Yes (X)$51,870$0$8,695
DANIELLE VAPPIE
ELEMENTARY CHIEF SCHOOL OFFICERS40.00Yes (X)$104,372$0$11,535
J'VANN MARTIN
SECONDARY CHIEF SCHOOL OFFICERS40.00Yes (X)$54,373$0$11,243
TEISHA GOUDEAU
STUDENT LIFE DIRECTOR40.00Yes (X)$100,400$0$13,727
DANIEL DAVID
DIRECTOR OF DEVELOPMENT40.00Yes (X)$113,694$0$15,571
SHIMON ANCHER
DIRECTOR OF SPECIAL PROJECTS40.00Yes (X)$103,084$0$14,791
MY TRAN
DIRECTOR OF HR40.00Yes (X)$94,360$0$12,991
LONG NGUYEN
EXECUTIVE DIRCTOR OF OPERATIONS40.00Yes (X)$62,956$0$10,765
FieldValueIRS element (for citing)
Total Reportable Comp From Org$801,021TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$116,018TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
VOLUNTEERS OF AMERICA
4152 CANAL STREETNEW ORLEANSLA70119FOOD SERVICES$927,323
A&S TRANSPORTATIONS
PO BOX 841879DALLASTX75284BUS SERVICES$431,150
JANI-KING SERVICE
300 NE I-55 SERVICE ROADPONTCHATOULALA70454JANITORIAL SERVICES$274,217
HUBBARD AND TENNYSON
PO BOX 870697NEW ORLEANSLA70187SPEECH/LANGUAGE CONSULTANT$113,798
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$20,705,537GovernmentGrantsAmt
Total Contributions$20,705,537TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFOOD SERVICE REVENUEDesc
Business611710BusinessCd
Total Revenue Column$1,163,230TotalRevenueColumnAmt
Related Or Exempt Func Income$1,163,230RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,163,230TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,070TotalRevenueColumnAmt
Exclusion$24,070ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER MISC REVENUEDesc
Business900099BusinessCd
Total Revenue Column$354,925TotalRevenueColumnAmt
Related Or Exempt Func Income$354,925RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$354,925OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,247,762TotalRevenueColumnAmt
Related Or Exempt Func Income$1,518,155RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$24,070ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,064,787TotalAmt
Program Services$530,432ProgramServicesAmt
Management And General$534,355ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$10,713,102TotalAmt
Program Services$9,511,874ProgramServicesAmt
Management And General$1,133,076ManagementAndGeneralAmt
Fundraising$68,152FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,678,296TotalAmt
Program Services$2,318,894ProgramServicesAmt
Management And General$341,363ManagementAndGeneralAmt
Fundraising$18,039FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$940,359TotalAmt
Program Services$848,935ProgramServicesAmt
Management And General$83,166ManagementAndGeneralAmt
Fundraising$8,258FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$287,871TotalAmt
Program Services$257,300ProgramServicesAmt
Management And General$29,735ManagementAndGeneralAmt
Fundraising$836FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$65,751TotalAmt
Management And General$65,751ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$56,932TotalAmt
Management And General$56,932ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,579,188TotalAmt
Program Services$1,007,586ProgramServicesAmt
Management And General$560,634ManagementAndGeneralAmt
Fundraising$10,968FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$33,276TotalAmt
Program Services$11,378ProgramServicesAmt
Management And General$21,898ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$344,417TotalAmt
Program Services$344,417ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,041TotalAmt
Program Services$3,847ProgramServicesAmt
Management And General$1,194ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,636TotalAmt
Program Services$2,636ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$175,633TotalAmt
Management And General$175,633ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD SERVICE MANAGEMENT$1,020,554$1,020,554
MATERIALS & SUPPLIES$1,011,306$935,614$69,089$6,603
STUDENT TRANSPORTATION$783,784$783,784
DUES AND MISCELLANEOUS$682,157$682,157

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$829,567TotalAmt
Program Services$826,575ProgramServicesAmt
Management And General$2,992ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$22,274,657TotalAmt
Program Services$18,403,826ProgramServicesAmt
Management And General$3,757,975ManagementAndGeneralAmt
Fundraising$112,856FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,405,760BOYAmt
EOY$6,382,425EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,586,199BOYAmt
EOY$1,203,721EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$170,818BOYAmt
EOY$1,101,852EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$403,750LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$389,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,386BOYAmt
EOY$14,750EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,165,163BOYAmt
EOY$8,702,748EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$586,840BOYAmt
EOY$29,361EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$3,675,437EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$889,053BOYAmt
EOY$1,335,575EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,475,893BOYAmt
EOY$5,040,373EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,601,770BOYAmt
EOY$3,574,875EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$87,500BOYAmt
EOY$87,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,689,270BOYAmt
EOY$3,662,375EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,165,163BOYAmt
EOY$8,702,748EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$26,895ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$403,750OtherCostOrOtherBasisAmt
Depreciation$389,000DepreciationAmt
Book Value$14,750BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,750TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
ACCRUED SALARIES$1,216,350
ACCRUED RETIREMENT$121,527
MEDICAL PRETAX-$2,302
FieldValueIRS element (for citing)
Total Liability$1,335,575TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,250,148TotalRevEtcAuditedFinclStmtAmt
Other Revenue$2,386OtherRevenueAmt
Revenue Not Reported$2,386RevenueNotReportedAmt
Revenue Subtotal$22,247,762RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,247,762TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$22,274,657TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$22,274,657ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$22,274,657TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN GENERAL ADMINISTRATION EXPENSES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:BALANCE SHEET DISCREPANCY

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3EINSTEIN CHARTER SCHOOL USES PRINT, RADIO, AND TELEVISION TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE SCHOOL'S REGISTRATION PERIOD.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVED 79% OF ITS REVENUES IN THE YEAR ENDED JUNE 30, 2020 FROM STATE PUBLIC SCHOOL FUNDING SUBJECT TO ITS CHARTER SCHOOL CONTRACT, AND 18% OF ITS FUNDING FROM THE FEDERAL GOVERNMENT.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE TAX PREPARERS PRESENT A DRAFT COPY OF THE FORM 990 TO THE EINSTEIN GROUP. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 AND THEN SUBMITS THE TAX RETURN TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL CONCERNS REGARDING CONFLICTS OF INTEREST ARE PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION. THE BOARD MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR KEY EMPLOYEES USING ORLEANS PARISH SCHOOL BOARD SALARY SCHEDULE AS COMPARABLE DATA. ALL DECISIONS ARE DOCUMENTED IN THE MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOL'S PHYSICAL ADDRESS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.