2016-11-11T10:17:27-06:00 2016-06-30 721396621 CARR RIGGS & INGRAM LLC 200-B GREENLEAVES BLD MANDEVILLE LA 70448 990 2015-07-01 453761886 DISCOVERY HEALTH SCIENCES FOUNDATION INC DISC 5042334720 2504 MAINE AVE METAIRIE LA 70003 DIANE HOLLIS BOARD CHAIRPERSON 5042334720 2016-11-11 1 COLLEEN R ANGERDINA CPA P00642857 9856268299 2015 2017-02-10 21:41:12Z LOUIS DUBUC 2504 MAINE AVE METAIRIE LA 70003 8151004 0 X WWW.DISCOVERYHSF.ORG X 2012 LA THE MISSION OF KENNER DISCOVERY HEALTH SCIENCES ACADEMY IS TO PROVIDE A RIGOROUS LEARNING ENVIRONMENT WHERE STUDENTS ACHIEVE ACADEMICALLY, DEVELOP INTELLECTUAL CURIOSITY AND PRACTICE ENVIRONMENTAL RESPONSIBILITY WHILE EXPLORING HEALTH AND SCIENCE TOPICS AND CAREERS. 13 13 156 14 0 0 5487368 7788361 380562 362469 0 174 -11921 -20499 5856009 8130505 0 0 0 0 3988755 5611886 0 0 0 1708279 2499362 5697034 8111248 158975 19257 1181078 2055673 842507 1697845 338571 357828 THE MISSION OF KENNER DISCOVERY HEALTH SCIENCES ACADEMY IS TO PROVIDE A RIGOROUS LEARNING ENVIRONMENT WHERE STUDENTS ACHIEVE ACADEMICALLY, DEVELOP INTELLECTUAL CURIOSITY AND PRACTICE ENVIRONMENTAL RESPONSIBILITY WHILE EXPLORING HEALTH AND SCIENCE TOPICS AND CAREERS. 0 0 4910084 362469 OPERATION OF A TYPE 1 CHARTER SCHOOL WHICH BEGAN IN AUGUST 2013 WITH AN ENROLLMENT OF 419 STUDENTS. 4910084 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 156 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 1 0 X ROBERT KEOGH 5042334720 2504 MAINE AVE KENNER LA 70062 DIANE HOLLIS CHAIRPERSON 10.00 X X 0 0 0 LYNDA NUGENT-SMITH VICE-CHAIR & SECRETARY 8.00 X X 0 0 0 WAYNE THOMAS TREASURER 5.00 X X 0 0 0 JOE CALDARERA BOARD MEMBER 3.00 X 0 0 0 JIM HUDSON BOARD MEMBER 3.00 X 0 0 0 VINICIO MADRIGAL MD BOARD MEMBER 3.00 X 0 0 0 JEANNE M MONTE MED BOARD MEMBER 3.00 X 0 0 0 HENRY SHANE BOARD MEMBER 3.00 X 0 0 0 RONNIE SLONE BOARD MEMBER 3.00 X 0 0 0 DAVID SHERMAN BOARD MEMBER 3.00 X 0 0 0 CHARLES TONEY BOARD MEMBER 3.00 X 0 0 0 NATALIE NEWTON BOARD MEMBER (NON-VOTING) 3.00 X 0 0 0 PATTY GLASER PHD CEO 40.00 X X 199634 0 29789 LOUIS DUBUC CFO 40.00 X X 126000 0 13772 325634 0 43561 2 0 1 0 CHARTWELLS 401 WHITNEY AVE 103 GRETNA LA 70056 SCHOOL FOOD SERVICE 357423 F WELLS TRANSPORTATION 2250 GREENWOOD ST KENNER LA 70062 SCHOOL BUS TRANSPORTATION 282217 JANI-KING OF NEW ORLEANS 3545 N INTERSTATE 10 SERVICE RD W METAIRIE LA 70002 CUSTODIAL 116415 3 77605 7609642 101114 7788361 AFTERCARE/SUMMER CAMP 611110 194869 194869 TUITION 611110 167600 167600 362469 174 174 0 77605 20499 -20499 -20499 8130505 362469 0 -20325 325634 325634 5286252 3918562 1367690 231773 88050 143723 15157 15157 237841 237841 28545 22924 5621 24464 24464 401759 204230 197529 60188 60188 FOOD SERVICE 350298 350298 TRANSPORTATION 292818 292818 SUPPLIES 210009 131803 78206 BOOKS AND PERIODICALS 166064 166064 480446 52817 427629 8111248 4910084 3201164 0 507626 319655 73748 13299 70563 72616 2168908 693878 442817 1475030 86324 175073 1181078 2055673 92744 17942 36655 51237 367242 682024 345866 946642 842507 1697845 X 197895 201420 140676 156408 338571 357828 1181078 2055673 19257 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1405275 213239 1192036 763633 480639 282994 1475030 DEPOSITS 86012 DEFERRED COMPENSATION BENEFITS 89061 175073 DEFERRED COMPENSATION 89061 ACCRUED SALARIES AND BENEFITS 390443 OBLIGATIONS UNDER CAPITAL LEASES 467138 946642 X 8151004 0 8151004 -20499 -20499 8130505 8131747 20499 20499 8111248 0 8111248 PART X, LINE 2: DISCOVERY 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 503(C)(3) AND HAS BEEN DETERMINED TO BE OTHER THAN A PRIVATE FOUNDATION. DISCOVERY'S MANAGEMENT BELIEVES THAT DISCOVERY CONTINUES TO OPERATE IN A MANNER THAT PRESERVES ITS TAX EXEMPT STATUS. UPON ITS FORMATION IN 2011, DISCOVERY ADOPTED A STANDARD RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE TAX EFFECT FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS, ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DISCOVERY RECOGNIZES THE FINANCIAL STATEMENT BENEFITS OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD BE MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED, UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. AT THE ADOPTION DATE, DISCOVERY APPLIED THE NEW ACCOUNTING STANDARD TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. DISCOVERY WAS NOT REQUIRED TO MAKE ANY ADJUSTMENT TO BEGINNING NET ASSETS AS A RESULT OF THE IMPLEMENTATION OF THE ACCOUNTING STANDARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 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 THE ORGANIZATION PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH PRINT ADS IN LOCAL NEWSPAPERS AS WELL AS SCHOOL BROCHURES GIVEN OUT DURING CAMPUS TOURS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN THE FEDERAL FREE/REDUCED LUNCH PROGRAM. THE ORGANIZATION ALSO RECEIVES FUNDING FROM THE STATE OF LOUISIANA THROUGH THE MINIMUM FOUNDATION PROGRAM. ANNUAL GALA 77605 77605 400 20099 77605 77605 400 20099 20499 -20499 X X X 0 0 0 0 0 0 0 0 0 PATTY GLASER PHD CEO 199634 0 0 0 0 0 24000 0 5789 0 229423 0 0 0 JIM HUDSON BOARD MEMBER BOARD MEMBER JIM HUDSON IS A VICE-PRESIDENT AT IBERIA BANK WHERE DISCOVERY HAS A LINE OF CREDIT AND A CHECKING ACCOUNT. 0 FORM 990, PART VI, SECTION B, LINE 11 ONCE THE FORM 990 IS COMPLETED BY AN INDEPENDENT CPA FIRM, IT IS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE SALARY TO OTHER PROFESSIONALS IN SIMILAR STANDING WITH FINAL BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.