2016-05-12T13:37:56-05:00 2015-06-30 721396621 CARR RIGGS & INGRAM LLC 3501 N CAUSEWAY BLVD STE 810 METAIRIE LA 70002 990 2014-07-01 263240588 ARISE ACADEMY ARIS 5046156354 3819 ST CLAUDE AVE NEW ORLEANS LA 70117 ANDREW SHAHAN CHIEF EXECUTIVE OFFICER 5046156354 2016-05-11 1 COLLEEN R ANGERDINA CPA P00642857 5048379116 2014 2016-08-17 19:52:53Z ANDREW SHAHAN 3819 ST CLAUDE AVE NEW ORLEANS LA 70117 10562822 0 X WWW.ARISEACADEMY.ORG X 2008 LA TO IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA. 7 7 183 67 0 0 11402402 10562822 0 0 0 -104210 0 0 11402402 10458612 0 0 0 0 5811010 6459510 0 0 0 4466995 3951983 10278005 10411493 1124397 47119 2225199 2102982 824977 655641 1400222 1447341 THE ORGANIZATION'S EXEMPT PURPOSE IS TO IMPLEMENT AND OPERATE ONE OR MORE PUBLIC CHARTER SCHOOLS IN LOUISIANA. 0 0 4499856 INSTRUCTIONAL EXPENSES INCURRED, FOR EXAMPLE, TEACHERS SALARIES AND CLASSROOM MATERIALS AND SUPPLIES FOR BOTH ARISE ACADEMY AND MILDRED OSBOURNE CHARTER SCHOOL. 4499856 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 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 50 0 1 183 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 X ANDREW SHAHAN 5046156354 3819 ST CLAUDE AVE NEW ORLEANS LA 70117 ELAINE REYES TREASURER 2.00 X X 0 0 0 JENNIFER WALCOTT BOARD MEMBER 2.00 X 0 0 0 KATHERINE BECK SECRETARY, VICE CHAIR 2.00 X X 0 0 0 MILES GRANDERSON BOARD MEMBER 2.00 X 0 0 0 CANDICE FRAZIER CHAIR 2.00 X X 0 0 0 LAURENCE EUSTIS III BOARD MEMBER 2.00 X 0 0 0 TANYA LEWIS CHIEF OPERATING OFFICER 46.00 X 89061 0 11284 ANDREW SHAHAN CEO/CHIEF EXECUTIVE OF OPE 46.00 X 110041 0 14654 199102 0 25938 1 0 0 0 0 10016559 546263 10562822 104210 -104210 -104210 -104210 10458612 0 0 -104210 199102 63927 135175 5100716 2754715 2346001 1159692 665635 494057 584935 207351 377584 2316 2316 237697 237697 12400 12400 3417 3417 144799 76494 68305 171948 171948 SUPPLIES 666889 498296 168593 FOOD SERVICE 622106 622106 DUES AND FEES 591174 41230 549944 PURCHASED PROPERTY SERV 498292 498292 416010 192208 223802 10411493 4499856 5911637 0 810825 646576 10047 1205 1138915 999716 25659 102274 525850 172639 239753 353211 2225199 2102982 638837 655641 186140 0 824977 655641 X 1400222 1447341 1400222 1447341 2225199 2102982 47119 0 X X 0 1 X 1 1 1 X 51367 51367 26123 24709 1414 448360 147930 300430 353211 X 10873072 310250 310250 10562822 -104210 -104210 10458612 10825953 310250 104210 414460 10411493 0 10411493 PART X, LINE 2: ON JANUARY 1, 2009, ARISE 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. ARISE 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 AMOUND 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, ARISE APPLIED THE NEW ACCOUNTING STANDARD TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. ARISE DID NOT MAKE ANY ADJUSTMENT TO BEGINNING NET ASSETS AS A RESULT OF THE IMPLEMENTATION OF ACCOUNTING STANDARD. BASED ON ITS EVALUATION, ARISE HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. ARISE IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY THE INTERNAL REVNUE SERVICE FOR THE YEARS BEFORE 2010. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -104,210. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 104,210. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 ARISE RECEIVES ITS SUPPORT PRIMARILY FROM THE LOUISIANA STATE DEPARTMENT OF EDUCATION AND THE UNITED STATES DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 11 DRAFT COPY OF FORM 990 IS PROVIDED TO THE GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 12B THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.