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SOUTH LOUISIANA CHARTER FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
SOUTH LOUISIANA CHARTER FOUNDATION INC (EIN 46-0656134)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-03
IRS object ID
201930939349301258
Schema version
2017v2.3
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)
Return2019-04-03T18:21:12-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721202445PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1POSTLETHWAITE & NETTERVILLEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18550 UNITED PLAZA BLVD SUITE 1001AddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70809ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460656134EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTH LOUISIANA CHARTER FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOUTBusinessNameControlTxt
Phone9542023500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 WESTFORK DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70827ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN PIERREPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9542023500PhoneNum
Signature2019-04-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJON LEBLANCPreparerPersonNm
PTINP01525561PTIN
Phone2259224600PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address206.124.204.139IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-03IPDt
IP Tm09:21:06IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC094A570CDA6D057A1A769C64BC0C7802BBE618BAtSubmissionCreationDeviceId
At Submission Filing Device IdEF9D0F569F9D5B2850DAA7A638D7255F3D85E80AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN PIERREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 WESTFORK DRIVEAddressLine1Txt
CityBATON ROUGECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70827ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,653,475GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CHARTERSCHOOLSUSA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTHE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. THE FOUNDATION IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF LOUISIANA THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE STUDENTS AND FAMILIES OF LOUISIANA.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,817,909PYContributionsGrantsAmt
CY Contributions Grants$11,536,076CYContributionsGrantsAmt
PY Program Service Revenue$312,329PYProgramServiceRevenueAmt
CY Program Service Revenue$117,399CYProgramServiceRevenueAmt
PY Investment Income$975,658PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$21,105,896PYTotalRevenueAmt
CY Total Revenue$11,653,475CYTotalRevenueAmt
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$9,735,131PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,396,011CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$12,020,495PYOtherExpensesAmt
CY Other Expenses$7,385,486CYOtherExpensesAmt
PY Total Expenses$21,755,626PYTotalExpensesAmt
CY Total Expenses$13,781,497CYTotalExpensesAmt
PY Revenues Less Expenses-$649,730PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,128,022CYRevenuesLessExpensesAmt
Total Assets BOY$22,750,995TotalAssetsBOYAmt
Total Assets EOY$23,092,652TotalAssetsEOYAmt
Total Liabilities BOY$25,788,121TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,257,800TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$3,037,126NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$5,165,148NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHIS NONPROFIT CORPORATION IS ORGANIZED & SHALL BE OPERATED EXCLUSIVELY FOR THE FOLLOWING PURPOSES: IMPROVE PUPIL LEARNING &, IN GENERAL, THE PUBLIC SCHOOL SYSTEM; INCREASE LEARNING OPPORTUNITIES & ACCESS TO QUALITY EDUCATION FOR PUPILS; INCREASE LEARNING OPPORTUNITY CHOICES FOR PARENTS & STUDENTS; ENCOURAGE THE USE OF DIFFERENT & INNOVATIVE TEACHING METHODS AND A VARIETY OF GOVERNANCE, MANAGEMENT, & ADMINISTRATIVE STRUCTURES; REQUIRE APPROPRIATE ASSESSMENT & MEASUREMENT OF ACADEMIC LEARNING RESULTS; ACCOUNT BETTER & MORE THOROUGHLY FOR EDUCATIONAL RESULTS; CREATE NEW PROFESSIONAL OPPORTUNITIES FOR TEACHERS AND OTHER SCHOOL EMPLOYEES, INCLUDING THE OPPORTUNITY TO BE RESPONSIBLE FOR THE LEARNING PROGRAM AT THE SCHOOL SITE; PROVIDE COMPETITION WITHIN THE PUBLIC SCHOOL SYSTEM IN ORDER TO STIMULATE CONTINUED IMPROVEMENT IN ALL PUBLIC SCHOOLS; TO PROVIDE A STRONG EDUCATIONAL ENVIRONMENT BASED UPON THE CHARTER SCHOOL STRUCTURE TO EFFECTIVELY & EFFICIENTLY EDUCATE STUDENTS IN SOUTH LA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$6,610,705ExpenseAmt
Revenue$46,699RevenueAmt
DescTHE FOUNDATION OPERATES SOUTH BATON ROUGE CHARTER ACADEMY, A TUITION-FREE PUBLIC CHARTER SCHOOL THAT WILL EDUCATE ELEMENTARY AND MIDDLE SCHOOL STUDENTS IN EAST BATON ROUGE PARISH, LOUISIANA.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,033,100ExpenseAmt
Revenue$70,700RevenueAmt
DescTHE FOUNDATION OPERATES IBERVILLE CHARTER ACADEMY, A TUITION-FREE PUBLIC CHARTER SCHOOL THAT WILL EDUCATE ELEMENTARY AND MIDDLE SCHOOL STUDENTS IN IBERVILLE PARISH, LOUISIANA.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$10,643,805TotalProgramServiceExpensesAmt
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 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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARTER SCHOOLS USABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9542023500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 CORPORATE DRIVE SUITE 700AddressLine1Txt
CityFORT LAUDERDALECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33334ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN PIERRE
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
EDMOND JORDAN
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ACHILLES WILLIAMS
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
RYAN CURTIS
TRUSTEE1.00Yes (X)$0$0$0
MELISSA SYBRANDT
TRUSTEE1.00Yes (X)$0$0$0
ALVIN WASHINGTON
TRUSTEE1.00Yes (X)$0$0$0
LYNN SINGLETARY
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
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
CSUSA
800 CORPORATE DRIVE SUITE 700FORT LAUDERDALEFL33334MANAGEMENT, FACILITY, AND IT FEES$1,450,702
ATLANTIC AND SOUTHERN TRANSPORTATION
649 5TH AVENUE SOUTHNAPLESFL34102TRANSPORTATION SERVICES$353,295
THERAPY SOURCE INC
5215 MILITIA HILL ROAD SUITE APLYMOUTH MEETINGPA19462SPECIAL EDUCATION SERVICES$193,119
WINDSTREAM HOLDINGS INC
4001 N RODNEY PARHAM RDLITTLE ROCKAR72212VOICE AND DATA NETWORK COMMUNICATION SER$145,781
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$1,024,423GovernmentGrantsAmt
All Other Contributions$10,511,653AllOtherContributionsAmt
Total Contributions$11,536,076TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
E-RATE REVENUES611110$63,214$63,214
OTHER INCOME611110$32,541$32,541
BEFORE AND AFTER FEES611110$21,278$21,278
PAID MEALS611110$366$366
FieldValueIRS element (for citing)
Total Program Service Revenue$117,399TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,653,475TotalRevenueColumnAmt
Related Or Exempt Func Income$117,399RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,605,003TotalAmt
Program Services$5,605,003ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,731TotalAmt
Program Services$4,731ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$363,109TotalAmt
Program Services$363,109ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$423,168TotalAmt
Program Services$423,168ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$704,724TotalAmt
Program Services$636ProgramServicesAmt
Management And General$704,088ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,615TotalAmt
Program Services$6,615ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$923,022TotalAmt
Program Services$679,761ProgramServicesAmt
Management And General$243,261ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,094,591TotalAmt
Management And General$2,094,591ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,232,503TotalAmt
Program Services$1,232,503ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$90,715TotalAmt
Program Services$90,715ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
SUPPLIES$697,709$697,709
REPAIRS & MAINTENANCE$582,250$582,250
UTILITIES$356,572$356,572
TRAINING/SEMINARS$299,700$299,700

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$397,085TotalAmt
Program Services$301,333ProgramServicesAmt
Management And General$95,752ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$13,781,497TotalAmt
Program Services$10,643,805ProgramServicesAmt
Management And General$3,137,692ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$805,131BOYAmt
EOY$661,248EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$765,525BOYAmt
EOY$734,287EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,384BOYAmt
EOY$1,794,657EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$113,073BOYAmt
EOY$16,555EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,249,475LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,396,123LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$20,990,975BOYAmt
EOY$19,853,352EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$38,907BOYAmt
EOY$32,553EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,750,995BOYAmt
EOY$23,092,652EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,845,071BOYAmt
EOY$4,715,089EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$167BOYAmt
EOY$1,766EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,942,883BOYAmt
EOY$23,540,945EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,788,121BOYAmt
EOY$28,257,800EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$3,037,126BOYAmt
EOY-$5,165,148EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$3,037,126BOYAmt
EOY-$5,165,148EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,750,995BOYAmt
EOY$23,092,652EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,128,022ReconcilationRevenueExpnssAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$23,189,985InvestmentCostOrOtherBasisAmt
Depreciation$3,735,341DepreciationAmt
Book Value$19,454,644BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,131,147InvestmentCostOrOtherBasisAmt
Depreciation$991,907DepreciationAmt
Book Value$139,240BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$928,343InvestmentCostOrOtherBasisAmt
Depreciation$668,875DepreciationAmt
Book Value$259,468BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$19,853,352TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE PAYABLE$23,469,983
FUNDS HELD IN CUSTODY$70,962
FieldValueIRS element (for citing)
Total Liability$23,540,945TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,653,475TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$11,653,475RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,653,475TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$13,781,497TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$13,781,497ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$13,781,497TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE DETERMINATION OF WHETHER OR NOT A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD CONSIDERS THE FACTS, CIRCUMSTANCES AND OTHER INFORMATION AVAILABLE AT THE REPORTING DATE AND IS SUBJECT TO MANAGEMENT'S JUDGMENT. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS.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 Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE FOUNDATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER LOUISIANA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUNCEMENTS AND PUBLICATIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3THE SOUTH BATON ROUGE CHARTER ACADEMY AT MID-CITY HAS DISSOLVED AND CEASED CONDUCTING SIGNIFICANT PROGRAM SERVICES THAT HAD BEEN CONDUCTED IN PRIOR YEAR. THE CHARTER SCHOOL AGREEMENT BETWEEN THE EAST BATON ROUGE CHARTER ACADEMY AT MID-CITY AND THE STATE OF LOUISIANA WAS REVOKED ON DECEMBER 16, 2016 EFFECTIVE AT THE END OF THE 2016/2017 SCHOOL YEAR. BASED ON THE TERMS OF THE AGREEMENT, ALL REMAINING ASSETS WILL REVERT BACK TO THE STATE PER LDOE'S STANDARD OPERATING PROCEDURE.
FORM 990, PART VI, SECTION A, LINE 3THE FOUNDATION IS MANAGED BY CHARTER SCHOOLS USA.
FORM 990, PART VI, SECTION B, LINE 11BTHE DRAFT FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE AT WEBSITE OR UPON REQUEST.
FORM 990, PART XII, LINE 2C:A REQUEST FOR PROPOSALS IS SENT OUT. THE BOARD REVIEWS THE SUBMISSIONS AND VOTES TO SELECT A FIRM.

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