2019-03-15T09:55:20-05:00 2018-06-30 721396621 CARR RIGGS & INGRAM LLC 111 VETERANS BLVD SUITE 350 METAIRIE LA 70005 990 2017-07-01 263202807 SUCCESS PREPARATORY ACADEMY AT WICKER SUCC 5043736200 2011 BIENVILLE STREET NEW ORLEANS LA 70112 ROBERT EDGECOMBE BOARD CHAIR 5043736200 2019-03-15 1 RYAN KRUSE CPA P01323111 5048379116 2019-02-27 12.229.25.27 2019-03-15 09:39:39 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 82132B8DBD9DD9A87676B5D4497B5D2044673E4E 2017 2019-02-21 02:37:17Z ROBERT EDGECOMBE 2011 BIENVILLE STREET NEW ORLEANS LA 70112 6085554 0 X WWW.SUCCESSPREPARATORY.ORG X 2008 LA TO DEVELOP COLLEGE BOUND STUDENTS FOR LEADERSHIP AND LIFELONG LEARNING. 10 10 105 105 0 0 6294392 6032633 0 0 0 4691 25614 48230 6320006 6085554 0 0 0 0 4170142 4361115 0 0 0 2446364 2400450 6616506 6761565 -296500 -676011 2009306 1277849 252530 197084 1756776 1080765 TO DEVELOP COLLEGE BOUND STUDENTS FOR LEADERSHIP AND LIFELONG LEARNING. 0 0 5257462 48230 INSTRUCTIONAL EXPENSES INCURRED. FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES. 5257462 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 105 1 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X ELLIOT EDWARDS 5049410185 2011 BIENVILLE STREET NEW ORLEANS LA 70112 ROBERT EDGECOMBE BOARD CHAIR 3.00 X X 0 0 0 SHAWN PREAU MEMBER-AT-LARGE 2.00 X 0 0 0 KING LOGAN MEMBER-AT-LARGE 2.00 X 0 0 0 BLANCHE DEE MCCLOSKEY MEMBER-AT-LARGE 2.00 X 0 0 0 DARIN LIM YANKOWITZ MEMBER-AT-LARGE 2.00 X 0 0 0 EMILE A BAGNERIS III MEMBER-AT-LARGE 2.00 X 0 0 0 ANGELA KEYES MEMBER-AT-LARGE 2.00 X 0 0 0 JABREEL WALKER MEMBER-AT-LARGE 2.00 X 0 0 0 NATHAN BARRETT MEMBER-AT-LARGE 2.00 X 0 0 0 RANDALL FROST MEMBER-AT-LARGE 2.00 X 0 0 0 NILOY GANGOPADHYAY CO FOUNDER/SCHOOL DIRECTOR 45.00 X 126100 0 9202 KATHRYN CONEYBEAR DIRECTOR OF FINANCE 45.00 X 77927 0 7426 204027 0 16628 1 0 0 0 FIRST LINE SCHOOLS 330 N BROAD ST STE 207 NEW ORLEANS LA 70119 BUS TRANSPORTATION 504635 REVOLUTION FOODS 2438 AUGUSTA ST KENNER LA 70062 FOOD SERVICES 472756 MAINTECH BUILDING SOLUTIONS 4000 BIENVILLE ST NEW ORLEANS LA 70119 CUSTODIAL MAINT SERVICE 188802 3 5967374 65259 6032633 4691 4691 MISCELLANEOUS 900099 48230 48230 48230 6085554 48230 0 4691 X 204027 192748 11279 3518874 3324342 194532 80190 75757 4433 291124 275030 16094 266900 252145 14755 25826 19644 6182 51913 39486 12427 1276674 691477 585197 38624 38624 289080 153399 135681 279877 224616 55261 363277 363277 14984 8818 6166 762 762 42185 42185 MISCELLANEOUS 17248 17248 6761565 5257462 1504103 0 1047593 -131764 346799 1000878 468205 291392 97754 69514 5079 762 0 4317 48955 43512 2009306 1277849 252530 197084 252530 197084 X 1722019 1048528 34757 32237 1756776 1080765 2009306 1277849 -676011 0 X 0 1 X 0 1 1 X 5079 762 4317 4317 X 6180454 94900 94900 6085554 0 6085554 6856465 94900 94900 6761565 0 6761565 PART X, LINE 2: SUCCESS PREP IS A LOUISIANA NONPROFIT ORGANIZATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE THAT HAS BEEN GRANTED AN EXEMPTION FROM THE PAYMENT OF INCOME TAXES UNDER SECTION 501(C)(3) AND HAS BEEN DETERMINED TO BE OTHER THAN A PRIVATE FOUNDATION. SUCCESS PREP'S MANAGEMENT BELIEVES THAT SUCCESS PREP CONTINUES TO OPERATE IN A MANNER THAT PRESERVES ITS TAX EXEMPT STATUS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE SUCCESS PREP'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY SUCCESS PREP AND RECOGNIZE A TAX LIABILITY IF SUCCESS PREP HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. SUCCESS PREP'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY SUCCESS PREP, AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 AND 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SUCCESS PREP IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STUDENT REGISTRATION AND ENROLLMENT OCCURS THROUGH A CENTRALIZED PROCESS THAT IS MANAGED BY THE RECOVERY SCHOOL DISTRICT. SUCCESS PREPARATORY ACADEMY PUBLICIZES ITS NONDISCRIMINATORY POLICY AS IT RELATES TO STUDENT ENROLLMENT ON THE SCHOOL WEBSITE (SUCCESSPREPARATORY.ORG). SCHEDULE E, PART I, LINE 6 SUCCESS PREPARATORY ACADEMY IS A CHARTER SCHOOL IN NEW ORLEANS. IT RECEIVES ASSISTANCE PRIMARILY FROM THE UNITED STATES DEPARTMENT OF EDUCATION AND THE LOUISIANA STATE DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A EXISTING MEMBERS OF THE BOARD OF DIRECTORS MUST NOMINATE NEW MEMBERS. NEW MEMBERS ARE THEN APPROVED BY THE VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE LOUISIANA DEPARTMENT OF EDUCATION AND STATE BOARD OF ELEMENTARY AND SECONDARY EDUCATION HAS SELECTIVE OVERSIGHT OVER BOARD DECISIONS. ANY BOARD DECISIONS MAY BE SUBJECT TO APPROVAL AND COMPLIANCE WITH DEPARTMENT POLICIES AND DIRECTIVES. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - EACH BOARD MEMBER RECEIVES A DRAFT COPY OF THE 990 AND EXAMINES FOR ITEMS THAT MAY BRING UP DISCUSSION WITH OTHER MEMBERS AND/OR TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS UPDATED AS CONFLICTS ARISE FOLLOWING INITIAL CLEARANCE FOR BOARD OF DIRECTOR ELECTIONS. FORM 990, PART VI, SECTION B, LINE 15A OFFICER SALARY ORIGINALLY WAS DETERMINED BY THE NON-PROFIT ENTITY'S THIRD PARTY LEADERSHIP PROGRAM, NEW SCHOOLS FOR NEW ORLEANS. OFFICERS PARTICIPATED IN THE PROGRAM DURING THE 2008-09 SCHOOL YEAR. THE ORIGINAL SALARY WAS BASED ON THE AVERAGE SALARIES BY POSITION AT THAT TIME. THEREAFTER, THE BOARD HAS RAISED THE OFFICERS SALARIES 2-4% ANNUALLY BASED ON INDIVIDUAL OFFICER PERFORMANCE EVALUATIONS OR COST OF LIVING. OTHER STAFF SALARIES WERE ORIGINALLY BASED ON THE 2008-09 RECOVERY SCHOOL DISTRICT SALARY SCALE PLUS 10% TO ACCOUNT FOR AN EXTENDED SCHOOL YEAR. STAFF SALARIES INCREASE EACH YEAR BASED ON EITHER A 2-3% COST OF LIVING ADJUSTMENT OR INDIVIDUAL PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 SUCCESS PREPARATORY ACADEMY MAKES ALL BOARD MEETING AGENDAS AND MINUTES PUBLIC BY POSTING ON THEIR WEBSITE, WWW.SUCCESSPREPARATORY.ORG. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 195,936. MANAGEMENT AND GENERAL EXPENSES 61,662. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 257,598. BUS SERVICES: PROGRAM SERVICE EXPENSES 54,105. MANAGEMENT AND GENERAL EXPENSES 512,163. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 566,268. FOOD SERVICE: PROGRAM SERVICE EXPENSES 441,436. MANAGEMENT AND GENERAL EXPENSES 11,372. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 452,808.