FURP.ORG / PUBLIC DATA EXPLORER

CHOICE FOUNDATION A NON-PROFIT CORPORATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
CHOICE FOUNDATION A NON-PROFIT CORPORATION (EIN 20-2024597)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-14
IRS object ID
201811349349304371
Schema version
2016v3.0
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)
Return2018-05-14T11:54:04-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202024597EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHOICE FOUNDATION A NON-PROFIT CORPBusinessNameLine1Txt
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
Signature2018-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN S WILES CPAPreparerPersonNm
PTINP01222673PTIN
Phone5048355522PhoneNum
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$23,974,382GrossReceiptsAmt
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 ATMOSPHERE THAT CHALLENGES AND SUPPORTS EACH STUDENT TO ACHIEVE HIS OR HER HIGHEST POTENTIAL.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee363TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,724,729PYContributionsGrantsAmt
CY Contributions Grants$23,705,620CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,038PYInvestmentIncomeAmt
CY Investment Income-$59,266CYInvestmentIncomeAmt
PY Other Revenue$222,047PYOtherRevenueAmt
CY Other Revenue$266,612CYOtherRevenueAmt
PY Total Revenue$22,947,814PYTotalRevenueAmt
CY Total Revenue$23,912,966CYTotalRevenueAmt
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$14,927,999PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$15,142,613CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,116,004PYOtherExpensesAmt
CY Other Expenses$8,129,898CYOtherExpensesAmt
PY Total Expenses$22,044,003PYTotalExpensesAmt
CY Total Expenses$23,272,511CYTotalExpensesAmt
PY Revenues Less Expenses$903,811PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$640,455CYRevenuesLessExpensesAmt
Total Assets BOY$3,307,370TotalAssetsBOYAmt
Total Assets EOY$3,808,084TotalAssetsEOYAmt
Total Liabilities BOY$1,079,570TotalLiabilitiesBOYAmt
Total Liabilities EOY$939,829TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,227,800NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,868,255NetAssetsOrFundBalancesEOYAmt
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$9,942,361ExpenseAmt
DescLAFAYETTE ACADEMY CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL AT 2727 SOUTH CARROLLTON AVENUE IN NEW ORLEANS. IT HAS APPROXIMATELY 1003 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$5,428,606ExpenseAmt
DescTHE ESPERANZA CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED AT 4407 SOUTH CARROLLTON AVENUE IN NEW ORLEANS. IT HAS APPROXIMATELY 518 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

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$5,428,368ExpenseAmt
DescMCDONOUGH 42 CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED AT 300 ALMONASTER IN NEW ORLEANS. IT HAS APPROXIMATELY 501 STUDENTS IN PRE-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$20,799,335TotalProgramServiceExpensesAmt
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 Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee363EmployeeCnt
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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 (20 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
ALYSSON MILLS
SECRETARY5.00Yes (X)Yes (X)$0$0$0
LISA ABEL
GENERAL MEMBER5.00Yes (X)$0$0$0
DONALD BEERY
GENERAL MEMBER5.00Yes (X)$0$0$0
SUSAN JURKUNAS
ACCOUNTABILITY DIRECTOR40.00$132,464$0$8,156Yes (X)
ANTHONY CARTER
GENERAL MEMBER5.00Yes (X)$0$0$0
PIERRE CONNER III
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 GOMILLA
GENERAL MEMBER5.00Yes (X)$0$0$0
WENDY LODRIG
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
DEWANDA YOUNG-HILL
GENERAL MEMBER5.00Yes (X)$0$0$0
CHARLES MICKEY LANDRY
EXECUTIVE DIRECTOR40.00Yes (X)$219,864$0$28,853
JAMES FULTON
COO40.00Yes (X)$109,460$0$17,978
NICOLE SAULNY
HEAD OF SCHOOL (ESP)40.00$116,154$0$12,338Yes (X)
MONICA BOUDOUIN
HEAD OF SCHOOL (LAF)40.00$135,228$0$15,646Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$713,170TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$82,971TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5IndivRcvdGreaterThan100KCnt
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
SODEXO INC & AFFILIATES
PO BOX 536922ATLANTAGA30353FOOD SERVICES$1,311,252
HAMMOND'S TRANSPORTATION
PO BOX 73080METAIRIELA70033TRANSPORTATION$625,680
F WELLS TRANSPORTATION
18 WEST 24TH STKENNERLA70062TRANSPORTATION$475,840
WR TRANSPORT
824 KATHY STGRETNALA70056TRANSPORTATION$463,755
SERVICESTAR LLC
11 EUGENIE CTNEW ORLEANSLA70131JANITORIAL SERVICES$290,171
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Government Grants$23,453,582GovernmentGrantsAmt
All Other Contributions$252,038AllOtherContributionsAmt
Total Contributions$23,705,620TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,150TotalRevenueColumnAmt
Exclusion$2,150ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$61,416SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$61,416SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$61,416TotalRevenueColumnAmt
Related Or Exempt Func Income-$61,416RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FIELD TRIPS, BOOK FAIRS, AND UNIF533110$183,542$183,542
OTHER INCOME533110$71,363$71,363
REFUND OF PRIOR YEAR EXPENSES533110$11,707$11,707
FieldValueIRS element (for citing)
Other Revenue Total$266,612OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,912,966TotalRevenueColumnAmt
Related Or Exempt Func Income$205,196RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,150ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$887,498TotalAmt
Program Services$887,498ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,840,929TotalAmt
Program Services$10,471,955ProgramServicesAmt
Management And General$1,368,974ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$515,798TotalAmt
Program Services$457,610ProgramServicesAmt
Management And General$58,188ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$939,521TotalAmt
Program Services$768,664ProgramServicesAmt
Management And General$170,857ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$958,867TotalAmt
Program Services$857,333ProgramServicesAmt
Management And General$101,534ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,275,341TotalAmt
Program Services$1,275,341ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,000TotalAmt
Management And General$41,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,448,430TotalAmt
Program Services$3,164,532ProgramServicesAmt
Management And General$283,898ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,777TotalAmt
Program Services$1,525ProgramServicesAmt
Management And General$2,252ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$311,099TotalAmt
Program Services$155,526ProgramServicesAmt
Management And General$155,573ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$55,374TotalAmt
Program Services$8,288ProgramServicesAmt
Management And General$47,086ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,113TotalAmt
Program Services$1,549ProgramServicesAmt
Management And General$564ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$18,173TotalAmt
Management And General$18,173ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$116,029TotalAmt
Program Services$116,029ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$253,763TotalAmt
Program Services$191,891ProgramServicesAmt
Management And General$61,872ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
UTILITIES$388,383$388,383
SCHOOL SUPPLIES$383,756$383,756
STUDENT ACTIVITIES$251,172$251,172
PROFESSIONAL DEVELOPMEN$71,367$71,367

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,510,121TotalAmt
Program Services$1,346,916ProgramServicesAmt
Management And General$163,205ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,272,511TotalAmt
Program Services$20,799,335ProgramServicesAmt
Management And General$2,473,176ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,248,230BOYAmt
EOY$2,202,536EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$500,709BOYAmt
EOY$501,362EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$525,084BOYAmt
EOY$292,335EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$80,568BOYAmt
EOY$22,803EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$216,089BOYAmt
EOY$158,658EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,264,460LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,634,070LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$736,690BOYAmt
EOY$630,390EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,307,370BOYAmt
EOY$3,808,084EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,079,570BOYAmt
EOY$939,829EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,079,570BOYAmt
EOY$939,829EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,163,258BOYAmt
EOY$2,791,094EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$64,542BOYAmt
EOY$77,161EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,227,800BOYAmt
EOY$2,868,255EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,307,370BOYAmt
EOY$3,808,084EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$640,455ReconcilationRevenueExpnssAmt
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$1,623,087OtherCostOrOtherBasisAmt
Depreciation$1,209,739DepreciationAmt
Book Value$413,348BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,641,373OtherCostOrOtherBasisAmt
Depreciation$1,424,331DepreciationAmt
Book Value$217,042BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$630,390TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$23,974,382TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$23,974,382RevenueSubtotalAmt
Other Revenues Not Included-$61,416OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$61,416RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$23,912,966TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,333,927TotExpnsEtcAuditedFinclStmtAmt
Losses Reported$61,416LossesReportedAmt
Expenses Not Reported$61,416ExpensesNotReportedAmt
Expenses Subtotal$23,272,511ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,272,511TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 -61,416.

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, ESPERANZA SCHOOL AND MCDONOUGH 42 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 (2 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
CHARLES MICKEY LANDRY
EXECUTIVE DIRECTOR$219,864$0$0$0$0$0$28,853$0$0$0$248,717$0$0$0
MONICA BOUDOUIN
HEAD OF SCHOOL (LAF)$135,228$0$0$0$0$0$15,646$0$0$0$150,874$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 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 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