FURP.ORG / PUBLIC DATA EXPLORER

CHOICE FOUNDATION A NON-PROFIT CORPORATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CHOICE FOUNDATION A NON-PROFIT CORPORATION (EIN 20-2024597)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-05
IRS object ID
202021269349301042
Schema version
2018v3.1
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)
Return2020-05-05T21:08:13-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 SUITEAddressLine1Txt
Address Line2600AddressLine2Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP700054958ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202024597EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHOICE FOUNDATION A NON-PROFIT CORPBusinessNameLine1Txt
Business Name Line2D/B/A LAFAYETTE ACADEMY CHARTER SCHOOLBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHOIBusinessNameControlTxt
Phone5048618370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 ST CHARLES AVE SUITE 4600AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70170ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHANS JONASSENPersonNm
Person TitleTREASURERPersonTitleTxt
Phone5048618370PhoneNum
Signature2020-04-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN S WILES CPAPreparerPersonNm
PTINP01222673PTIN
Phone5048355522PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-04-17IPDt
IP Tm07:45:44IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id55F67F665E8EB3A5937DD89F257CE072052B1462AtSubmissionCreationDeviceId
At Submission Filing Device IdB037C471A2A2BDD10A463D678C78BE07751DA858AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LAFAYETTE ACADEMY CHARTER SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerHANS JONASSENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 ST CHARLES AVE SUITE 4600AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70170ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,026,361GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LAFAYETTEACADEMYNO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionPREPARE 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.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee316TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$17,362,841PYContributionsGrantsAmt
CY Contributions Grants$20,406,568CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$357,676PYInvestmentIncomeAmt
CY Investment Income$3,283CYInvestmentIncomeAmt
PY Other Revenue$239,753PYOtherRevenueAmt
CY Other Revenue$616,510CYOtherRevenueAmt
PY Total Revenue$17,244,918PYTotalRevenueAmt
CY Total Revenue$21,026,361CYTotalRevenueAmt
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$12,051,989PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,982,112CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,454,892PYOtherExpensesAmt
CY Other Expenses$8,385,717CYOtherExpensesAmt
PY Total Expenses$18,506,881PYTotalExpensesAmt
CY Total Expenses$20,367,829CYTotalExpensesAmt
PY Revenues Less Expenses-$1,261,963PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$658,532CYRevenuesLessExpensesAmt
Total Assets BOY$2,841,394TotalAssetsBOYAmt
Total Assets EOY$2,942,598TotalAssetsEOYAmt
Total Liabilities BOY$1,235,102TotalLiabilitiesBOYAmt
Total Liabilities EOY$677,774TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,606,292NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,264,824NetAssetsOrFundBalancesEOYAmt
MissionEDUCATIONAL INSTITUTION ORGANIZED TO INFORM AND EDUCATE CITIZENS OF LOUISIANA ON HOW SCHOOL CHOICE INITIATIVES CAN IMPROVE PRIMARY EDUCATION IN LOUISIANA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,949,890ExpenseAmt
DescLAFAYETTE ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL AT 9330 FORSHEY ST. IN NEW ORLEANS. IT HAS APPROXIMATELY 972 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,169,811ExpenseAmt
DescTHE ESPERANZA CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED AT 4407 SOUTH CARROLLTON AVENUE IN NEW ORLEANS. IT HAS APPROXIMATELY 533 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.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$13,119,701TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 RequiredYes (1)ScheduleJRequiredInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document92IRPDocumentCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAMES FULTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5048618370PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12727 S CARROLLTON AVENUEAddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70118ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES SWANSON
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
HANS JONASSEN
TREASURER5.00Yes (X)Yes (X)$0$0$0
ANTHONY CARTER
VICE PRESIDENT5.00Yes (X)Yes (X)$0$0$0
MARC NAOPLEAN
GENERAL MEMBER5.00Yes (X)$0$0$0
DONALD BEERY
GENERAL MEMBER5.00Yes (X)$0$0$0
BLAIR DUQUESNAY
GENERAL MEMBER5.00Yes (X)$0$0$0
WENDY LODRIG
GENERAL MEMBER5.00Yes (X)$0$0$0
FRITZ GOMILA
GENERAL MEMBER5.00Yes (X)$0$0$0
MARGO PHELPS
GENERAL MEMBER5.00Yes (X)$0$0$0
KATE WERNER
GENERAL MEMBER5.00Yes (X)$0$0$0
ROBERT WORLEY
GENERAL MEMBER5.00Yes (X)$0$0$0
JESSE STEWART
GENERAL MEMBER5.00Yes (X)$0$0$0
CHARLES MICKEY LANDRY
EXECUTIVE DIRECTOR40.00Yes (X)$0$0$0
JAMES FULTON
COO40.00Yes (X)$180,278$0$11,746
NICOLE SAULNY
HEAD OF SCHOOL (ESP)40.00$149,101$0$10,040Yes (X)
DARLENE HILLS
HEAD OF SCHOOL (LAF)40.00$130,198$0$9,682Yes (X)
SUSAN JURKUNAS
SYSTEM ACCOUNTABILITY OFFI40.00$163,993$0$10,355Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$623,570TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$41,823TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HONOR'S TRANSPORTATION LLC
18 W 24TH STREETKENNERLA70062TRANSPORTATION$1,001,616
SLA MANAGEMENT
3217 CORRINE DRORLANDOFL32803FOOD SERVICES$898,075
CDW LLC
PO BOX 75723CHICAGOIL60675IT EQUIPMENT$801,265
WR TRANSPORT LLC
824 KATHY STGRETNALA70056TRANSPORTATION$550,950
NOLA SERVICE STAR JANITORIAL SERVICES L
3501 WHITE OAK AVENEW ORLEANSLA70131JANITORIAL SERVICES$387,442
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$17,989,318GovernmentGrantsAmt
All Other Contributions$2,417,250AllOtherContributionsAmt
Total Contributions$20,406,568TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,283TotalRevenueColumnAmt
Exclusion$3,283ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REFUND OF PRIOR YEAR EXPENSES533110$430,484$430,484
FIELD TRIPS, BOOK FAIRS, AND UNIF533110$120,643$120,643
OTHER INCOME533110$65,383$65,383
FieldValueIRS element (for citing)
Other Revenue Total$616,510OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,026,361TotalRevenueColumnAmt
Related Or Exempt Func Income$616,510RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,283ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$685,204TotalAmt
Program Services$685,204ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$9,464,219TotalAmt
Program Services$6,601,671ProgramServicesAmt
Management And General$2,862,548ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$390,010TotalAmt
Program Services$288,123ProgramServicesAmt
Management And General$101,887ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$648,589TotalAmt
Program Services$491,540ProgramServicesAmt
Management And General$157,049ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$794,090TotalAmt
Program Services$589,812ProgramServicesAmt
Management And General$204,278ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$46,273TotalAmt
Management And General$46,273ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$49,163TotalAmt
Management And General$49,163ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,638TotalAmt
Program Services$3,297ProgramServicesAmt
Management And General$2,341ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$40,832TotalAmt
Management And General$40,832ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$339,989TotalAmt
Management And General$339,989ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PURCHASED SERVICES$2,203,718$620,258$1,583,460
PURCHASED TRANSPORATION$1,452,883$1,452,883
MATERIALS AND SUPPLIES$907,942$373,337$534,605
FOOD SERVICES$859,420$859,420

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,479,859TotalAmt
Program Services$1,154,156ProgramServicesAmt
Management And General$1,325,703ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,367,829TotalAmt
Program Services$13,119,701ProgramServicesAmt
Management And General$7,248,128ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,528,524BOYAmt
EOY$1,566,593EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$501,864BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$441,423BOYAmt
EOY$502,875EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,949BOYAmt
EOY$338,837EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$149,075BOYAmt
EOY$94,812EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$770,198LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$330,717LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$211,559BOYAmt
EOY$439,481EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,841,394BOYAmt
EOY$2,942,598EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,235,102BOYAmt
EOY$677,774EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,235,102BOYAmt
EOY$677,774EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,563,577BOYAmt
EOY$2,241,552EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,715BOYAmt
EOY$23,272EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,606,292BOYAmt
EOY$2,264,824EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,841,394BOYAmt
EOY$2,942,598EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$658,532ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$478,740OtherCostOrOtherBasisAmt
Depreciation$200,611DepreciationAmt
Book Value$278,129BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$291,458OtherCostOrOtherBasisAmt
Depreciation$130,106DepreciationAmt
Book Value$161,352BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$439,481TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$21,026,361TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$21,026,361RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,026,361TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,367,829TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$20,367,829ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,367,829TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

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 3LAFAYETTE 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 6THE 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.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JAMES FULTON
COO$180,278$0$0$0$0$0$0$0$11,746$0$192,024$0$0$0
NICOLE SAULNY
HEAD OF SCHOOL (ESP)$149,101$0$0$0$0$0$0$0$10,040$0$159,141$0$0$0
SUSAN JURKUNAS
SYSTEM ACCOUNTABILITY OFFI$163,993$0$0$0$0$0$0$0$10,355$0$174,348$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CON 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 15THE COMPENSATION COMMITTEE HIRED EDUCATIONAL DIRECTIONS, INC., A NATIONAL EXECUTIVE SEARCH AND SCHOOL CONSULTING FIRM, TO DETERMINE THE PRINCIPAL'S ORIGINAL SALARY. THIS COMMITTEE ALSO EVALUATED COMPARABLE DATA IN THEIR PROCESS OF DETERMINING AND APPROVING THE PRINCIPAL'S COMPENSATION, WHICH WAS THEN APPROVED BY THE BOARD. THE OTHER TOP MANAGEMENT SALARIES WERE DETERMINED BY THE PRINCIPAL USING COMPARABLE DATA FROM THE RECOVERY SCHOOL DISTRICT, AND THESE SALARIES WERE APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 24EEQUIPMENT AND FURNISHINGS: PROGRAM SERVICE EXPENSES 845,413. MANAGEMENT AND GENERAL EXPENSES 12,629. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 858,042. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 451,963. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 451,963. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 45,269. MANAGEMENT AND GENERAL EXPENSES 263,929. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 309,198. STUDENT ACTIVITIES: PROGRAM SERVICE EXPENSES 256,219. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 256,219. UTILITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 186,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,683. OTHER MISCELLANEOUS: PROGRAM SERVICE EXPENSES 3,370. MANAGEMENT AND GENERAL EXPENSES 137,544. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,914. RENTAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 133,981. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,981. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 132,193. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 132,193. DUES AND FEES: PROGRAM SERVICE EXPENSES 3,885. MANAGEMENT AND GENERAL EXPENSES 6,781. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,666.
FORM 990, PART XI, LINE 2C -THE OVERSIGHT PROCESS OF THE AUDIT COMMITTEE HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CHOICE FOUNDATION ENDOWMENT FUNDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11010 COMMON STREET SUITE 2950AddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70112ZIPCd
FieldValueIRS element (for citing)
EIN270149835EIN
Primary ActivitiesCHARITABLEPrimaryActivitiesTxt
Legal Domicile StateLALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd