DISCOVERY HEALTH SCIENCES FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
DISCOVERY HEALTH SCIENCES FOUNDATION INC (EIN 45-3761886)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-04-28
IRS object ID
201641199349300439
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)
Return2016-04-28T13:26:07-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721396621PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CARR RIGGS & INGRAM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13501 N CAUSEWAY BLVD STE 810AddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70002ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453761886EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DISCOVERY HEALTH SCIENCES FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDISCBusinessNameControlTxt
Phone5042334720PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12504 MAINE AVEAddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE HOLLISPersonNm
Person TitleBOARD CHAIRPERSONPersonTitleTxt
Phone5042334720PhoneNum
Signature2016-04-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOLLEEN R ANGERDINA CPAPreparerPersonNm
PTINP00642857PTIN
Phone5048379116PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLOUIS DUBUCPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12504 MAINE AVEAddressLine1Txt
CityMETAIRIECityNm
State AbbreviationLAStateAbbreviationCd
ZIP70003ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,867,930GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DISCOVERYHSF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateLALegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee110TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,057,815PYContributionsGrantsAmt
CY Contributions Grants$5,487,368CYContributionsGrantsAmt
PY Program Service Revenue$216,351PYProgramServiceRevenueAmt
CY Program Service Revenue$380,562CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$11,921CYOtherRevenueAmt
PY Total Revenue$4,274,166PYTotalRevenueAmt
CY Total Revenue$5,856,009CYTotalRevenueAmt
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$2,683,478PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,988,755CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,331,782PYOtherExpensesAmt
CY Other Expenses$1,708,279CYOtherExpensesAmt
PY Total Expenses$4,015,260PYTotalExpensesAmt
CY Total Expenses$5,697,034CYTotalExpensesAmt
PY Revenues Less Expenses$258,906PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$158,975CYRevenuesLessExpensesAmt
Total Assets BOY$699,528TotalAssetsBOYAmt
Total Assets EOY$1,181,078TotalAssetsEOYAmt
Total Liabilities BOY$519,932TotalLiabilitiesBOYAmt
Total Liabilities EOY$842,507TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$179,596NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$338,571NetAssetsOrFundBalancesEOYAmt
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,117,719ExpenseAmt
Revenue$380,562RevenueAmt
DescOPERATION OF A TYPE 1 CHARTER SCHOOL WHICH BEGAN IN AUGUST 2013 WITH AN ENROLLMENT OF 419 STUDENTS.Desc
Total Program Service Expenses$3,117,719TotalProgramServiceExpensesAmt
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 AssetsYes (1)ReportOtherAssetsInd
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 ActivitiesYes (1)FundraisingActivitiesInd
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 MemYes (1)BusinessRlnWithOrgMemInd
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 Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee110EmployeeCnt
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
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 Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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)
PersonLOUIS DUBUCPersonNm
Phone5042334720PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12504 MAINE AVEAddressLine1Txt
CityKENNERCityNm
State AbbreviationLAStateAbbreviationCd
ZIP70062ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DIANE HOLLIS
CHAIRPERSON10.00Yes (X)Yes (X)$0$0$0
LYNDA NUGENT-SMITH
VICE-CHAIR & SECRETARY8.00Yes (X)Yes (X)$0$0$0
WAYNE THOMAS
TREASURER5.00Yes (X)Yes (X)$0$0$0
JOE CALDARERA
BOARD MEMBER3.00Yes (X)$0$0$0
JIM HUDSON
BOARD MEMBER3.00Yes (X)$0$0$0
VINICIO MADRIGAL MD
BOARD MEMBER3.00Yes (X)$0$0$0
JEANNE M MONTE MED
BOARD MEMBER3.00Yes (X)$0$0$0
HENRY SHANE
BOARD MEMBER3.00Yes (X)$0$0$0
RONNIE SLONE
BOARD MEMBER3.00Yes (X)$0$0$0
DAVID SHERMAN
BOARD MEMBER3.00Yes (X)$0$0$0
CHARLES TONEY
BOARD MEMBER3.00Yes (X)$0$0$0
MYRON MOOREHEAD MD
BOARD MEMBER0.00Yes (X)$0$0$0
NATALIE NEWTON
BOARD MEMBER (NON-VOTING)3.00Yes (X)$0$0$0
PATTY GLASER PHD
CEO40.00Yes (X)Yes (X)$179,346$0$28,790
LOUIS DUBUC
CFO40.00Yes (X)Yes (X)$110,522$0$13,140
FieldValueIRS element (for citing)
Total Reportable Comp From Org$289,868TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$41,930TotalOtherCompensationAmt
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
Fundraising$51,305FundraisingAmt
Government Grants$5,375,445GovernmentGrantsAmt
All Other Contributions$60,618AllOtherContributionsAmt
Total Contributions$5,487,368TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION611110$232,245$232,245
AFTERCARE/SUMMER CAMP611110$148,317$148,317
FieldValueIRS element (for citing)
Total Program Service Revenue$380,562TotalProgramServiceRevenueAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$51,305ContriRptFundraisingEventAmt
Fundraising Direct Expenses$11,921FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$11,921TotalRevenueColumnAmt
Exclusion-$11,921ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,856,009TotalRevenueColumnAmt
Related Or Exempt Func Income$380,562RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$11,921ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$331,798TotalAmt
Management And General$331,798ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,656,957TotalAmt
Program Services$2,638,803ProgramServicesAmt
Management And General$1,018,154ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$232,458TotalAmt
Program Services$49,345ProgramServicesAmt
Management And General$183,113ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$19,606TotalAmt
Management And General$19,606ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$79,226TotalAmt
Program Services$14,720ProgramServicesAmt
Management And General$64,506ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$18,388TotalAmt
Program Services$9,911ProgramServicesAmt
Management And General$8,477ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$13,507TotalAmt
Management And General$13,507ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$195,092TotalAmt
Program Services$142,317ProgramServicesAmt
Management And General$52,775ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$45,655TotalAmt
Management And General$45,655ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
FOOD SERVICE$261,022$261,022
SUPPLIES$217,547$100,935$116,612
TRANSPORTATION$143,825$143,825
BOOKS AND PERIODICALS$114,839$114,839

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$367,114TotalAmt
Program Services$31,172ProgramServicesAmt
Management And General$335,942ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,697,034TotalAmt
Program Services$3,117,719ProgramServicesAmt
Management And General$2,579,315ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$254,748BOYAmt
EOY$507,626EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$56,346BOYAmt
EOY$73,748EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,729BOYAmt
EOY$70,563EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$734,936LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$292,119LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$231,832BOYAmt
EOY$442,817EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$124,873BOYAmt
EOY$86,324EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$699,528BOYAmt
EOY$1,181,078EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$81,832BOYAmt
EOY$92,744EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,129BOYAmt
EOY$36,655EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$367,242EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$422,971BOYAmt
EOY$345,866EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$519,932BOYAmt
EOY$842,507EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$40,404BOYAmt
EOY$197,895EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$220,000BOYAmt
EOY$140,676EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$179,596BOYAmt
EOY$338,571EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$699,528BOYAmt
EOY$1,181,078EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$158,975ReconcilationRevenueExpnssAmt
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 Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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)
Other Cost Or Other Basis$227,160OtherCostOrOtherBasisAmt
Depreciation$48,477DepreciationAmt
Book Value$178,683BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$507,776OtherCostOrOtherBasisAmt
Depreciation$243,642DepreciationAmt
Book Value$264,134BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$442,817TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$16,538
DEFERRED COMPENSATION ASSET$69,786
FieldValueIRS element (for citing)
Total Book Value Other Assets$86,324TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED COMPENSATION$69,786
ACCRUED SALARIES AND BENEFITS$276,080
FieldValueIRS element (for citing)
Total Liability$345,866TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,867,930TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,867,930RevenueSubtotalAmt
Other Revenues Not Included-$11,921OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$11,921RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,856,009TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,708,955TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$11,921OtherExpensesIncludedAmt
Expenses Not Reported$11,921ExpensesNotReportedAmt
Expenses Subtotal$5,697,034ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,697,034TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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

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 3THE 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 6THE ORGANIZATION PARTICIPATES IN THE FEDERAL FREE/REDUCED LUNCH PROGRAM. THE ORGANIZATION ALSO RECEIVES FUNDING FROM THE STATE OF LOUISIANA THROUGH THE MINIMUM FOUNDATION PROGRAM.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$51,305GrossReceiptsEvent1Amt
Charitable Contri Event1$51,305CharitableContriEvent1Amt
Other Direct Expenses Event1$11,921OtherDirectExpensesEvent1Amt
Gross Receipts Total$51,305GrossReceiptsTotalAmt
Charitable Contributions Tot$51,305CharitableContributionsTotAmt
Oth Direct Expnss Total Events$11,921OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,921DirectExpenseSummaryEventsAmt
Net Income Summary-$11,921NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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

FieldValueIRS element (for citing)
PersonPATTY GLASER PHDPersonNm
TitleCEOTitleTxt
Base Compensation Filing Org$179,346BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$23,000DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$5,790NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$208,136TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJIM HUDSONPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBOARD MEMBERRelationshipDescriptionTxt
Transaction$0TransactionAmt
TransactionBOARD MEMBER JIM HUDSON IS A VICE-PRESIDENT AT IBERIA BANK WHERE DISCOVERY HAS A LINE OF CREDIT AND A CHECKING ACCOUNT.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11ONCE 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 15COMPARABLE SALARY TO OTHER PROFESSIONALS IN SIMILAR STANDING WITH FINAL BOARD APPROVAL.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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