2017-01-13T17:28:34-06:00 2016-06-30 721088864 LAPORTE APAC 5100 VILLAGE WALK SUITE 300 COVINGTON LA 70433 990 2015-07-01 200913967 THE EINSTEIN GROUP INC EINS 5043247450 5100 CANNES ST NEW ORLEANS LA 70129 LAURIN NARCISSE PRESIDENT 5043247450 2017-01-13 1 PATRICK B HUVAL CPA P00033236 9858925850 2015 2021-01-29 14:40:06Z LAUREN NARCISSE 5100 CANNES ST NEW ORLEANS LA 70129 14443241 0 X HTTP://WWW.EINSTEINCHARTER.ORG X 2004 LA TO PROVIDE TUITION-FREE, QUALITY EDUCATION TO STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE IN ORLEANS PARISH. THE SCHOOL SPECIALIZES IN MATH AND SCIENCE. 8 8 223 0 0 0 10873803 13312183 0 797269 33361 42105 138330 291684 11045494 14443241 0 0 0 0 7892922 10439870 0 0 262034 1795533 3169468 9688455 13609338 1357039 833903 4635302 5614549 290752 436096 4344550 5178453 X TO PROMOTE ACADEMIC EXCELLENCE IN TEACHING AND LEARNING THROUGH THE INTEGRATION OF MATHEMATICS AND SCIENCE IN INTERDISCIPLINARY CURRICULA AND TO PROMOTE THE IDEALS AND HABITS OF LIFELONG LEARNING AMONG ALL STAKEHOLDERS. 0 0 12297260 EINSTEIN CHARTER SCHOOL IS AN OPEN ADMISSION SCHOOL PROVIDING EDUCATION WITH A CURRICULUM SPECIALIZED IN MATH AND SCIENCE FOR GRADES PRE-KINDERGARTEN THROUGH EIGHTH GRADE. EINSTEIN CHARTER SCHOOL SERVED 978 STUDENTS, TUITION FREE, FROM THE MICHOUD COMMUNITY IN NEW ORLEANS EAST DURING THE 2015-2016 SCHOOL YEAR.EINSTEIN HAS BEEN RECOGNIZED BY THE LOUISIANA DEPARTMENT OF EDUCATION AS "TOP GAINS SCHOOL" FOR TWO CONSECUTIVE YEARS AND A "TOP PERFORMING SCHOOL" BY NEW ORLEANS PUBLIC SCHOOL BOARD. THE INDICATORS USED TO AWARD THIS DISTINCTION INCLUDE EINSTEIN'S 100% PASS RATE FOR EIGHTH GRADERS ON THE LEAP (2012) AND ALGEBRA I TESTS (2012, 2013, AND 2014) AND THE TREMENDOUS SUCCESS WITH AT-RISK STUDENTS. WITH THE GREAT SUCCESS, EINSTEIN EXPANDED TO A THIRD SITE. THIS THIRD SITE IS EINSTEIN MIDDLE SCHOOL AT SARAH TOWLES REED, 5316 MICHOUD BLVD. EINSTEIN ALSO HAS THE LARGEST, MOST SUCCESSFUL ENGLISH LANGUAGE LEARNER PROGRAM IN THE CITY WITH APPROXIMATELY 325 STUDENTS IN ELL. EINSTEIN EARNED A SCHOOL PERFORMANCE LETTER RATING "B," FROM THE LOUISIANA DEPARTMENT OF EDUCATION. THIS RATING WAS BASED ON STUDENT TEST SCORES AND ON CREDITS EARNED THROUGH THE END OF THE STUDENTS' 9TH GRADE YEAR. LAST YEAR, THE SCHOOL PERFORMANCE SCORE WAS FOUR POINTS SHORT OF THE LETTER "A" RATING. EINSTEIN'S STUDENTS ACHIEVE ON A DAILY BASIS DESPITE THE ADVERSE ODDS FOR STUDENTS ATTENDING A 91% POVERTY RATE SCHOOL. 12297260 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 223 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PHIL HEBERT 9853865740 600 WEST PINE STREET PONCHATOULA LA 70454 LAUREN NARCISSE PRESIDENT 6.00 X X 0 0 0 JOHN C BOWMAN III VICE-PRESIDENT 6.00 X 0 0 0 SHELIA SUNDAR SECRETARY 6.00 X 0 0 0 LAURIN JACOBSON BOARD MEMBER 6.00 X 0 0 0 DURRELL LAURANT BOARD MEMBER 6.00 X 0 0 0 ZACHARY WOOL BOARD MEMBER 6.00 X 0 0 0 MAURICIO SIERRA BOARD MEMBER 6.00 X 0 0 0 RITA BAUTISTA BOARD MEMBER 6.00 X 0 0 0 ANDREW LORENZ BOARD MEMBER 6.00 X 0 0 0 SHAWN TORANTO PRINCIPAL/CEO 60.00 X 208337 0 62422 DOUG GUIDRY CFO 50.00 X 150126 0 48170 358463 0 110592 2 0 1 0 0 12714374 597809 13312183 FOOD SERVICE REVENUE 611710 797269 797269 797269 42105 42105 MISC 611710 135121 135121 TEACHER STIPENDS 611710 85360 85360 REBATES/REFUNDS 611710 58172 58172 13031 13031 291684 14443241 1088953 0 42105 482816 192955 289861 7070011 6668520 245229 156262 1836756 1723252 72407 41097 889583 855639 17779 16165 160704 151741 6069 2894 34415 34415 34950 34950 597965 307435 258274 32256 134073 134073 118393 118393 319008 319008 20800 12180 3170 5450 26216 26216 58053 58053 FOOD SERVICE MANAGEMENT 773238 773238 MATERIALS & SUPPLIES 666726 628979 29837 7910 REPAIRS AND MAINTENANCE 181355 181355 STUDENT ACTIVITIES 143505 143505 60771 60771 13609338 12297260 1050044 262034 566339 1737200 3039369 3079183 933458 728246 388750 318830 96136 69920 4635302 5614549 91615 290752 344481 290752 436096 X 4344550 5178453 4344550 5178453 4635302 5614549 833903 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 388750 318830 69920 69920 ACCRUED SALARIES 212694 ACCRUED INSURANCE PAYABLE 115358 PAYROLL TAXES PAYABLE -105 ACCRUED RETIREMENT 143 SUSPENSE BALANCE 16391 344481 X 14443241 0 14443241 0 14443241 13609338 0 13609338 0 13609338 PART X, LINE 2: 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 SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN GENERAL ADMINISTRATION EXPENSES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EINSTEIN CHARTER SCHOOL USES PRINT, RADIO, AND TELEVISION TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE SCHOOL'S REGISTRATION PERIOD. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED 71% OF ITS REVENUE'S IN THE YEAR ENDED JUNE 30, 2016, FROM THE STATE PUBLIC SCHOOL FUNDING AND THE ORLEANS PARISH SCHOOL BOARD, SUBJECT TO ITS CHARTER SCHOOL CONTRACT WITH THE SCHOOL BOARD, AND 21% OF ITS FUNDING FROM THE FEDERAL GOVERNMENT. X X 0 0 0 0 0 0 0 0 0 SHAWN TORANTO PRINCIPAL/CEO 208337 0 0 0 0 0 56067 0 6355 0 270759 0 0 0 DOUG GUIDRY CFO 150126 0 0 0 0 0 41815 0 6355 0 198296 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE TAX PREPARERS PRESENT A DRAFT COPY OF THE FORM 990 TO THE EINSTEIN GROUP. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 AND THEN SUBMITS THE TAX RETURN TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL CONCERNS REGARDING CONFLICTS OF INTEREST ARE PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION. THE BOARD MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR KEY EMPLOYEES USING THE RECOVERY SCHOOL DISTRICT SALARY SCHEDULE AS COMPARABLE DATA. ALL DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOL'S PHYSICAL ADDRESS.