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SOUTH LOUISIANA CHARTER FOUNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
SOUTH LOUISIANA CHARTER FOUNDATION INC (EIN 46-0656134)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-03-16
IRS object ID
201840759349301154
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)
Return2018-03-16T15:38:09-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

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
Signature2018-02-28SignatureDt
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)
IP2018-02-28IPDt
IP Tm09:45:53IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id72377230BBECAD4520BBA3F7529B6BC2F5B94D6FAtSubmissionCreationDeviceId
At Submission Filing Device IdD57CB199B7C07F4C5F55F2996BA671606BDE9CEEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$29,454,721GrossReceiptsAmt
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 Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$18,937,830PYContributionsGrantsAmt
CY Contributions Grants$19,817,909CYContributionsGrantsAmt
PY Program Service Revenue$99,842PYProgramServiceRevenueAmt
CY Program Service Revenue$312,329CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$975,658CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$19,037,672PYTotalRevenueAmt
CY Total Revenue$21,105,896CYTotalRevenueAmt
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$8,141,113PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,735,131CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$11,818,662PYOtherExpensesAmt
CY Other Expenses$12,020,495CYOtherExpensesAmt
PY Total Expenses$19,959,775PYTotalExpensesAmt
CY Total Expenses$21,755,626CYTotalExpensesAmt
PY Revenues Less Expenses-$922,103PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$649,730CYRevenuesLessExpensesAmt
Total Assets BOY$33,096,960TotalAssetsBOYAmt
Total Assets EOY$22,750,995TotalAssetsEOYAmt
Total Liabilities BOY$35,602,255TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,788,121TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$2,505,295NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$3,037,126NetAssetsOrFundBalancesEOYAmt
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$6,827,425ExpenseAmt
Revenue$1,057,693RevenueAmt
DescTHE FOUNDATION OPERATES BATON ROUGE CHARTER ACADEMY AT MID-CITY, 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$5,814,418ExpenseAmt
Revenue$188,036RevenueAmt
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 Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,825,951ExpenseAmt
Revenue$42,258RevenueAmt
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$16,467,794TotalProgramServiceExpensesAmt
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 Document35IRPDocumentCnt
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 Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
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 (6 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
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 (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CSUSA
800 CORPORATE DRIVE SUITE 700FORT LAUDERDALEFL33334MANAGEMENT, FACILITY, AND IT FEES$2,259,912
PREFERRED MEAL SYSTEM INC
5240 ST CHARLES ROADBERKELYIL60163CONTRACTED FOOD SERVICES$692,762
ATLANTIC AND SOUTHERN TRANSPORTATION
649 5TH AVENUE SOUTHNAPLESFL34102TRANSPORTATION SERVICES$347,443
WINDSTREAM HOLDINGS INC
4001 N RODNEY PARHAM RDLITTLE ROCKAR72212VOICE AND DATA NETWORK COMMUNICATION SER$183,969
THERAPY SOURCE INC
5215 MILITIA HILL ROAD SUITE APLYMOUTH MEETINGPA19462SPECIAL EDUCATION SERVICES$175,617
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$1,699,167GovernmentGrantsAmt
All Other Contributions$18,118,742AllOtherContributionsAmt
Total Contributions$19,817,909TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER INCOME611110$154,879$154,879
E-RATE REVENUES611110$84,360$84,360
BEFORE AND AFTER FEES611110$72,730$72,730
PAID MEALS611110$360$360
FieldValueIRS element (for citing)
Total Program Service Revenue$312,329TotalProgramServiceRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$9,324,483OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$8,348,825OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$975,658OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$975,658TotalRevenueColumnAmt
Related Or Exempt Func Income$975,658RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,105,896TotalRevenueColumnAmt
Related Or Exempt Func Income$1,287,987RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,565,053TotalAmt
Program Services$8,565,053ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,595TotalAmt
Program Services$7,595ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$502,242TotalAmt
Program Services$502,242ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$660,241TotalAmt
Program Services$660,241ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,393,971TotalAmt
Program Services$4,429ProgramServicesAmt
Management And General$1,389,542ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$50,011TotalAmt
Program Services$50,011ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,350,218TotalAmt
Program Services$978,616ProgramServicesAmt
Management And General$371,602ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,428,337TotalAmt
Management And General$3,428,337ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,105,090TotalAmt
Program Services$2,105,090ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$136,729TotalAmt
Program Services$136,729ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$1,219,540$1,219,540
REPAIRS & MAINTENANCE$848,440$848,440
UTILITIES$634,776$634,776
TRAINING/SEMINARS$310,273$309,031$1,242

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$543,110TotalAmt
Program Services$446,001ProgramServicesAmt
Management And General$97,109ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$21,755,626TotalAmt
Program Services$16,467,794ProgramServicesAmt
Management And General$5,287,832ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,211,523BOYAmt
EOY$805,131EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$681,405BOYAmt
EOY$765,525EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$223,231BOYAmt
EOY$37,384EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,992BOYAmt
EOY$113,073EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,154,598LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,163,623LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$30,935,029BOYAmt
EOY$20,990,975EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$41,780BOYAmt
EOY$38,907EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$33,096,960BOYAmt
EOY$22,750,995EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,617,259BOYAmt
EOY$1,845,071EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,532BOYAmt
EOY$167EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$33,982,464BOYAmt
EOY$23,942,883EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,602,255BOYAmt
EOY$25,788,121EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$2,505,295BOYAmt
EOY-$3,037,126EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$2,505,295BOYAmt
EOY-$3,037,126EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$33,096,960BOYAmt
EOY$22,750,995EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$649,730ReconcilationRevenueExpnssAmt
Prior Period Adjustments$117,899PriorPeriodAdjustmentsAmt
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)
Investment Cost Or Other Basis$23,189,985InvestmentCostOrOtherBasisAmt
Depreciation$2,844,519DepreciationAmt
Book Value$20,345,466BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,056,643InvestmentCostOrOtherBasisAmt
Depreciation$835,754DepreciationAmt
Book Value$220,889BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$907,970InvestmentCostOrOtherBasisAmt
Depreciation$483,350DepreciationAmt
Book Value$424,620BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$20,990,975TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE PAYABLE$23,908,643
FUNDS HELD IN CUSTODY$34,240
FieldValueIRS element (for citing)
Total Liability$23,942,883TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$21,105,896TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$21,105,896RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,105,896TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$21,755,626TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$21,755,626ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$21,755,626TotalExpensesPerForm990Amt

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 IS IN THE PROCESS OF DISSOLUTION. 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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