2021-05-13T10:14:39-05:00 2020-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD SUITE 600 METAIRIE LA 700054958 990 2019-07-01 202024597 CHOICE FOUNDATION A NON-PROFIT CORP CHOI 5048618370 201 ST CHARLES AVE SUITE 4600 NEW ORLEANS LA 70170 HANS JONASSEN TREASURER 5048618370 2021-05-12 1 JOHN S WILES CPA P01222673 5048355522 2019 2022-09-23 18:48:47Z LAFAYETTE ACADEMY CHARTER SCHOOL HANS JONASSEN 201 ST CHARLES AVE SUITE 4600 NEW ORLEANS LA 70170 19423585 0 X WWW.LAFAYETTEACADEMYNO.ORG X 2004 LA PREPARE STUDENTS FOR SUCCESS IN A COLLEGE PREPARATORY HIGH SCHOOL IN AN (CONT'D ON SCH. O) ATMOSPHERE THAT CHALLENGES AND SUPPORTS EACH STUDENT TO ACHIEVE HIS OR HER HIGHEST POTENTIAL. 11 11 229 150 0 0 20406568 19293282 0 0 3283 -376115 616510 114495 21026361 19031662 0 0 0 0 11982112 12756983 0 0 0 8385717 7944929 20367829 20701912 658532 -1670250 2942598 2966485 677774 3011490 2264824 -45005 EDUCATIONAL INSTITUTION ORGANIZED TO INFORM AND EDUCATE CITIZENS OF LOUISIANA ON HOW SCHOOL CHOICE INITIATIVES CAN IMPROVE PRIMARY EDUCATION IN LOUISIANA. 0 0 8481199 LAFAYETTE ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL AT 9330 FORSHEY ST. IN NEW ORLEANS. IT HAS APPROXIMATELY 1004 STUDENTS IN PRE-KINDERGARTEN THROUGH 8TH GRADE. EACH STUDENT AT LAFAYETTE IS PROVIDED WITH A SCHOOL PROGRAM ENRICHED BY FINE ARTS, TECHNOLOGY AND ATHLETICS. THE OVERALL STUDENT TO TEACHER RATIO IS 9 TO 1. 4108872 THE ESPERANZA CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED AT 4407 SOUTH CARROLLTON AVENUE IN NEW ORLEANS. IT HAS APPROXIMATELY 553 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE. EACH STUDENT IS PROVIDED WITH A SCHOOL PROGRAM ENRICHED BY FINE ARTS, TECHNOLOGY AND ATHLETICS. THE OVERALL STUDENT TO TEACHER RATIO IS 9 TO 1. 12590071 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 96 0 1 229 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES FULTON 5048618370 2727 S CARROLLTON AVENUE NEW ORLEANS LA 70118 JAMES SWANSON BOARD CHAIR 5.00 X X 0 0 0 HANS JONASSEN TREASURER 5.00 X X 0 0 0 ANTHONY CARTER VICE CHAIR 5.00 X X 0 0 0 MARC NAPOLEAN GENERAL MEMBER 5.00 X 0 0 0 DONALD BEERY GENERAL MEMBER 5.00 X 0 0 0 BLAIR HODGSON GENERAL MEMBER 5.00 X 0 0 0 WENDY LODRIG GENERAL MEMBER 5.00 X 0 0 0 FRITZ GOMILA GENERAL MEMBER 5.00 X 0 0 0 KATE WERNER 1120-63020 SECRETARY 5.00 X X 0 0 0 ROBERT WORLEY GENERAL MEMBER 5.00 X 0 0 0 JESSE STEWART 7119-123119 SECRETARY 5.00 X X 0 0 0 GREG BROWNE GENERAL MEMBER 5.00 X 0 0 0 JAMES FULTON INTERIM EXECUTIVE DIRECTOR 40.00 X 122168 0 1701 122168 0 1701 1 0 0 0 HAMMOND'S TRANSPORTATION LLC PO BOX 73080 METAIRIE LA 70033 TRANSPORTATION 697912 HONOR'S TRANSPORTATION LLC 18 W 24TH STREET KENNER LA 70062 TRANSPORTATION 630470 SLA MANAGEMENT 3217 CORRINE DR ORLANDO FL 32803 FOOD SERVICES 623730 WR TRANSPORT LLC 824 KATHY ST GRETNA LA 70056 TRANSPORTATION 475685 HERMANOS RIVERA CONSTRUCTION LLC 3523 GRAVIER ST NEW ORLEANS LA 70117 CONSTRUCTION 331160 8 19180799 112483 19293282 15808 15808 391923 -391923 -391923 -391923 FIELD TRIPS, BOOK FAIRS, AND UNIF 533110 102243 102243 OTHER INCOME 533110 12220 12220 REFUND OF PRIOR YEAR EXPENSES 533110 32 32 114495 19031662 114495 0 -376115 692580 692580 10436204 7334653 3101551 176436 122163 54273 603169 451277 151892 848594 627276 221318 41301 41301 71084 71084 9263 5945 3318 47877 47877 456585 456585 PURCHASED SERVICES 2279059 642937 1636122 PURCHASED TRANSPORATION 1443990 1443990 FOOD SERVICES 1008896 1008896 MATERIALS AND SUPPLIES 913790 841793 71997 1673084 427457 1245627 20701912 12590071 8111841 0 1566593 2283382 502875 683103 338837 0 94812 0 0 0 439481 0 2942598 2966485 677774 1122590 0 1888900 677774 3011490 X 2241552 0 23272 -45005 2264824 -45005 2942598 2966485 X -1670250 -639579 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PPP LOAN 1888900 1888900 X 19423585 0 19423585 -391923 -391923 19031662 21733414 391923 639579 1031502 20701912 0 20701912 PART X, LINE 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. 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 FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSISTION TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSISTIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -391,923. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR CONTINGENT LIABILITIES 639,579. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LAFAYETTE ACADEMY AND ESPERANZA SCHOOL ARE PULIC CHARTER SCHOOLS AND AS SUCH ABIDES BY THE NONDISCRIMINATION POLICY ADOPTED BY THE LOUISIANA DEPARTMENT OF EDUCATION BY PUBLICIZING ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD THROUGH PRINT AND RADIO ADVERTISEMENTS TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY. SCHEDULE E, PART I, LINE 6 THE UNITED STATES DEPARTMENT OF EDUCATION AWARDED A GRANT TO LOUISIANA DEPARTMENT OF EDUCATION, WHICH WAS AWARDED TO THE SCHOOL AS A SUBRECIPIENT, TO HELP ENSURE THAT ALL CHILDREN MEET CHALLENGING STATE ACADEMIC STANDARDS, TO SUPPORT THE PLANNING, DEVELOPMENT AND INITIAL IMPLEMENTATION OF CHARTER SCHOOL, TO ASSIST IN PROVIDING FREE APPROPRIATE PUBLIC EDUCATION TO ALL CHILDREN WITH DISABILITIES AND TO INCREASE STUDENT ACADEMIC ACHIEVEMENT THROUGH STRATEGIES SUCH AS IMPROVING TEACHER AND PRINCIPAL QUALITY AND INCREASING THE NUMBER OF HIGHLY QUALIFIED TEACHERS, PRINCIPALS, AND ASSISTANT PRINCIPALS. THE UNITED STATES DEPARTMENT OF AGRICULTURE AWARDED A GRANT UNDER THE NATIONAL SCHOOL LUNCH PROGRAM. THE STATE OF LOUISIANA PROVIDES FUNDING WHICH IS DETERMINED ON AN ANNUAL BASIS BASED ON THE NUMBER OF PUPILS ENROLLED IN THE SCHOOL AS OF OCTOBER 1ST. THIS STATE FUNDED, PER PUPIL ALLOCATION, IS BASED ON THE MOST RECENTLY APPROVED MINIMUM FOUNDATION PROGRAM FORMULA RESOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE TAX PREPARERS PROVIDE A DRAFT COPY OF THE FORM 990 TO THE BUSINESS MANAGER TO PRESENT TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. AFTER APPROVAL, THE TREASURER SIGNS THE RETURN AND ALLOWS THE TAX PREPARERS TO RELEASE IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE BUSINESS MANAGER REQUESTS THAT OFFICERS, DIRECTORS, AND OTHER KEY EMPLOYEES DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS IN CHARGE OF DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION. IN THE COMMITTEE'S PROCESS OF DETERMINING AND APPROVING THE EXECUTIVE DIRECTOR'S COMPENSATION, THE EXECUTIVE COMMITTEE ANALYZED THE COMPENSATION OF OTHER CHARTER SCHOOL EXECUTIVE DIRECTORS IN NEW ORLEANS WITH SIMILAR EXPERIENCE AND ORGANIZATIONAL SIZE. THE COMMITTEE THEN PRESENTED THE COMPENSATION TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR CONTINGENT LIABILITIES -639,579. FORM 990, PART XI, LINE 2C - THE OVERSIGHT PROCESS OF THE AUDIT COMMITTEE HAS NOT CHANGED FROM THE PRIOR YEAR. CHOICE FOUNDATION ENDOWMENT FUND 1010 COMMON STREET SUITE 2950 NEW ORLEANS LA 70112 270149835 CHARITABLE LA 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0