EINSTEIN GROUP: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
EINSTEIN GROUP (EIN 20-0913967)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-15
IRS object ID
201630469349302913
Schema version
2014v6.0
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)
Return2016-02-15T00:00:00-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

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 Line15100 VILLAGE WALK SUITE 300AddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70433ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200913967EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EINSTEIN GROUP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEINSBusinessNameControlTxt
Phone5043247450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURIN JACOBSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5043247450PhoneNum
Signature2016-02-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICK BRYAN HUVAL CPAPreparerPersonNm
PTINP00033236PTIN
Phone9858925850PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURIN JACOBSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1Txt
CityNEW ORLEANSCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70129ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,045,494GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.EINSTEINCHARTER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTO PROVIDE TUITION-FREE, QUALITY EDUCATION TO STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE IN ORLEANS PARISH. THE SCHOOL SPECIALIZES IN MATH AND SCIENCE.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee170TotalEmployeeCnt
Total Volunteers1000TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,746,577PYContributionsGrantsAmt
CY Contributions Grants$10,873,803CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$19,334PYInvestmentIncomeAmt
CY Investment Income$33,361CYInvestmentIncomeAmt
PY Other Revenue$162,978PYOtherRevenueAmt
CY Other Revenue$138,330CYOtherRevenueAmt
PY Total Revenue$9,928,889PYTotalRevenueAmt
CY Total Revenue$11,045,494CYTotalRevenueAmt
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$7,324,849PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,892,922CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$166,423CYTotalFundraisingExpenseAmt
PY Other Expenses$1,552,403PYOtherExpensesAmt
CY Other Expenses$1,795,533CYOtherExpensesAmt
PY Total Expenses$8,877,252PYTotalExpensesAmt
CY Total Expenses$9,688,455CYTotalExpensesAmt
PY Revenues Less Expenses$1,051,637PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,357,039CYRevenuesLessExpensesAmt
Total Assets BOY$3,444,248TotalAssetsBOYAmt
Total Assets EOY$4,635,302TotalAssetsEOYAmt
Total Liabilities BOY$456,737TotalLiabilitiesBOYAmt
Total Liabilities EOY$290,752TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,987,511NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,344,550NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEINSTEIN CHARTER SCHOOL PREPARES ITS STUDENTS, PRE-KINDERGARTEN THROUGH EIGHTH GRADE, FOR ACADEMIC SUCCESS THROUGH TEAMWORK, INVOLVING ALL STAKEHOLDERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,742,606ExpenseAmt
DescEINSTEIN 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 981 STUDENTS, TUITION FREE, FROM THE MICHOUD COMMUNITY IN NEW ORLEANS EAST DURING THE 2014-2015 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 SECOND SITE. THIS SECOND SCHOOL BECAME THE FIRST SCHOOL IN THE STATE OF LOUISIANA TO GO FROM AN F TO A B IN ONE SCHOOL YEAR. 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.Desc
Total Program Service Expenses$8,742,606TotalProgramServiceExpensesAmt
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 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 Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee170EmployeeCnt
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
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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

FieldValueIRS element (for citing)
PersonPHIL HEBERTPersonNm
Phone9853865740PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 WEST PINE STREETAddressLine1Txt
CityPONCHATOULACityNm
State AbbreviationLAStateAbbreviationCd
ZIP70454ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LAURIN JACOBSON
PRESIDENT6.00Yes (X)Yes (X)$0$0$0
LAUREN NARCISSE
VICE PRESIDENT, SECRETARY6.00Yes (X)Yes (X)$0$0$0
CHUCK GASHO
BOARD MEMBER6.00Yes (X)$0$0$0
EMILY DANIELSON
BOARD MEMBER6.00Yes (X)$0$0$0
ZACHARY WOOL
BOARD MEMBER6.00Yes (X)$0$0$0
ANDREW LORENZ
BOARD MEMBER6.00Yes (X)$0$0$0
SHELIA SUNDAR
BOARD MEMBER6.00Yes (X)$0$0$0
JOHN C BOWMAN III
BOARD MEMBER6.00Yes (X)$0$0$0
SHAWN TORANTO
PRINCIPAL/CEO60.00Yes (X)$174,201$0$60,937
DOUG GUIDRY
BUSINESS MANAGER50.00Yes (X)$121,469$0$45,392
FieldValueIRS element (for citing)
Total Reportable Comp From Org$295,670TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$106,329TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$10,488,303GovernmentGrantsAmt
All Other Contributions$385,500AllOtherContributionsAmt
Total Contributions$10,873,803TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,361TotalRevenueColumnAmt
Exclusion$33,361ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TEACHER STIPENDS611710$25,810$25,810
REBATES/REFUNDS611710$25,488$25,488
MAIN CAMPUS STIPENDS611710$21,180$21,180

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,852TotalRevenueColumnAmt
Related Or Exempt Func Income$65,852RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$138,330OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,045,494TotalRevenueColumnAmt
Related Or Exempt Func Income$138,330RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$33,361ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$436,963TotalAmt
Program Services$177,809ProgramServicesAmt
Management And General$259,154ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,202,262TotalAmt
Program Services$4,998,403ProgramServicesAmt
Management And General$104,151ManagementAndGeneralAmt
Fundraising$99,708FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,414,430TotalAmt
Program Services$1,361,682ProgramServicesAmt
Management And General$26,522ManagementAndGeneralAmt
Fundraising$26,226FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$721,435TotalAmt
Program Services$695,751ProgramServicesAmt
Management And General$15,394ManagementAndGeneralAmt
Fundraising$10,290FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$117,832TotalAmt
Program Services$111,818ProgramServicesAmt
Management And General$4,122ManagementAndGeneralAmt
Fundraising$1,892FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$32,042TotalAmt
Management And General$32,042ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,100TotalAmt
Management And General$33,100ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$351,049TotalAmt
Program Services$99,322ProgramServicesAmt
Management And General$247,138ManagementAndGeneralAmt
Fundraising$4,589FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$62,991TotalAmt
Program Services$62,991ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$97,614TotalAmt
Program Services$97,614ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$150,739TotalAmt
Program Services$150,739ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,405TotalAmt
Program Services$18,517ProgramServicesAmt
Management And General$1,506ManagementAndGeneralAmt
Fundraising$2,382FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$39,228TotalAmt
Program Services$39,228ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$35,388TotalAmt
Management And General$35,388ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MATERIALS & SUPPLIES$416,064$384,180$10,548$21,336
STUDENT TRANSPORTATION$302,138$302,138
REPAIRS AND MAINTENANCE$117,193$117,193
STUDENT ACTIVITIES$67,053$67,053

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$68,529TotalAmt
Program Services$58,168ProgramServicesAmt
Management And General$10,361ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,688,455TotalAmt
Program Services$8,742,606ProgramServicesAmt
Management And General$779,426ManagementAndGeneralAmt
Fundraising$166,423FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,144,039BOYAmt
EOY$566,339EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$3,039,369EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$212,575BOYAmt
EOY$933,458EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$388,750LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$292,614LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$87,634BOYAmt
EOY$96,136EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,444,248BOYAmt
EOY$4,635,302EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,069BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$451,668BOYAmt
EOY$290,752EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$456,737BOYAmt
EOY$290,752EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,937,511BOYAmt
EOY$4,344,550EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,987,511BOYAmt
EOY$4,344,550EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,444,248BOYAmt
EOY$4,635,302EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,357,039ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$388,750OtherCostOrOtherBasisAmt
Depreciation$292,614DepreciationAmt
Book Value$96,136BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$96,136TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ACCRUED SALARIES$196,184
ACCRUED INSURANCE PAYABLE$94,848
PAYROLL TAXES PAYABLE$181
ACCRUED RETIREMENT-$461
FieldValueIRS element (for citing)
Total Liability$290,752TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$11,045,494TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$11,045,494RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,045,494TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,688,455TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,688,455ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,688,455TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationACCOUNTING 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.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 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 3EINSTEIN CHARTER SCHOOL USES PRINT, RADIO, AND TELEVISION TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE SCHOOL'S REGISTRATION PERIOD.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVED 81% OF ITS REVENUE'S IN THE YEAR ENDED JUNE 30, 2015, FROM THE STATE PUBLIC SCHOOL FUNDING AND THE ORLEANS PARISH SCHOOL BOARD, SUBJECT TO ITS CHARTER SCHOOL CONTRACT WITH THE SCHOOL BOARD, AND 11% OF ITS FUNDING FROM THE FEDERAL GOVERNMENT.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
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
SHAWN TORANTO
PRINCIPAL/CEO$174,201$0$0$0$0$0$54,061$0$6,876$0$235,138$0$0$0
DOUG GUIDRY
BUSINESS MANAGER$121,469$0$0$0$0$0$38,516$0$6,876$0$166,861$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE 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 12CALL 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 15THE 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 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOL'S PHYSICAL ADDRESS.

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