2015-05-05T15:58:21-05:00 2014-06-30 720136870 BOURGEOIS BENNETT LLC 111 VETERANS BLVD 17TH FLOOR METAIRIE LA 70005 990 2013-07-01 720408943 THE LOUISE S MCGEHEE SCHOOL LOUI 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 EILEEN F POWERS HEADMISTRESS 5045611224 2015-05-04 1 ERIC F FULLMER P01361347 5048314949 2013 2016-03-07 17:11:31Z EILEEN F POWERS 2343 PRYTANIA STREET NEW ORLEANS LA 70130 14362009 0 X MCGEHEESCHOOL.COM X 1912 LA TO PROVIDE A COLLEGE PREPARATORY EDUCATION IN AN INCLUSIVE ENVIRONMENT WHICH FOSTERS SELF-ESTEEM, ENCOURAGES HIGH PERSONAL STANDARDS, ADDRESSES INDIVIDUAL STUDENT NEEDS AND EMPHASIZES ACTIVE STUDENT PARTICIPATION IN THE LEARNING PROCESS. THE PROGRAM USES TRADITIONAL & INNOVATIVE TEACHING STRATEGIES TO CHALLENGE STUDENTS, FOSTER ENTHUSIASM & A COMMITMENT TO LIFELONG LEARNING. 29 28 245 400 0 0 1445235 1897710 10274929 10338262 805462 712789 76743 77106 12602369 13025867 962900 999920 0 0 7835280 7968606 0 0 180606 3778932 3751303 12577112 12719829 25257 306038 22014860 22402843 9506241 9171916 12508619 13230927 X TO PROVIDE A COLLEGE PREPARATORY EDUCATION TO GIRLS IN AN INCLUSIVE ENVIRONMENT WHICH FOSTERS SELF-ESTEEM, ENCOURAGES HIGH PERSONAL STANDARDS, ADDRESSES INDIVIDUAL STUDENT NEEDS AND EMPHASIZES ACTIVE STUDENT PARTICIPATION IN THE LEARNING PROCESS. THE PROGRAM USES TRADITIONAL & INNOVATIVE TEACHING STRATEGIES TO CHALLENGE STUDENTS, AND TO FOSTER ENTHUSIASM & A COMMITMENT TO LIFELONG LEARNING. 0 0 8178247 10338262 INSTRUCTION AND STUDENT ACTIVITY FOR 512 STUDENTS ATTENDING PRE-K THROUGH TWELFTH GRADE. 999920 999920 FINANCIAL AID FOR 172 STUDENTS ENCOMPASSING ALL GRADE LEVELS. 9178167 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 37 0 1 245 0 0 0 0 0 0 0 0 0 X 29 28 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X BONNIE LAGRAIZE BUSINESS OFFICE 5045611224 2343 PRYTANIA STREET NEW ORLEANS LA 70130 ELLEN COLEMAN PRESIDENT 1.00 X X 0 0 0 GENE DRY 1ST VP 1.00 X X 0 0 0 AL BIENVENU 2ND VP 1.00 X X 0 0 0 ERIN WESTON TREASURER 1.00 X X 0 0 0 PETER MOSS SECRETARY 1.00 X X 0 0 0 CHARLOTTE TRAVIESO PAST PRESIDENT 1.00 X X 0 0 0 MUFFIN BALART TRUSTEE 1.00 X 0 0 0 ADELAIDE WISDOM BENJAMIN TRUSTEE 1.00 X 0 0 0 SCOTT BROWN TRUSTEE 1.00 X 0 0 0 CHARLOTTE CHRISTMAN TRUSTEE 1.00 X 0 0 0 RICHARD CURRENCE TRUSTEE 1.00 X 0 0 0 MARGO JACKSON DUBOS TRUSTEE 1.00 X 0 0 0 TIM FRANCIS TRUSTEE 1.00 X 0 0 0 JIMMY KOCK TRUSTEE 1.00 X 0 0 0 BETSY NALTY TRUSTEE 1.00 X 0 0 0 MARGO SANDERS PHELPS TRUSTEE 1.00 X 0 0 0 JILL PLOTKIN TRUSTEE 1.00 X 0 0 0 MAURY RENDEIRO TRUSTEE 1.00 X 0 0 0 PERRIN ROME TRUSTEE 1.00 X 0 0 0 MARY SCHMIDT TRUSTEE 1.00 X 0 0 0 LAURA SHIELDS TRUSTEE 1.00 X 0 0 0 MELISSA STEINER TRUSTEE 1.00 X 0 0 0 JOHN STOCKMEYER TRUSTEE 1.00 X 0 0 0 CATHERINE BURNS TREMAINE TRUSTEE 1.00 X 0 0 0 GEORGE VILLERE TRUSTEE 1.00 X 0 0 0 ELIZABETH WILLIAMS TRUSTEE 1.00 X 0 0 0 JAMES WILLIAMS TRUSTEE 1.00 X 0 0 0 GEORGE YOUNG TRUSTEE 1.00 X 0 0 0 SCOTT ZANDER TRUSTEE 1.00 X 0 0 0 EILEEN POWERS HEADMISTRESS 40.00 X 356550 0 25541 BONNIE M LAGRAIZE BUSINESS OFFICER 40.00 X 93240 0 12951 449790 0 38492 1 0 1 0 DINO'S KIDS CATERING 5125 ACADEMY DR METAIRIE LA 70003 CAMPUS AND SPECIAL EVENT CATERING 175994 ANGELIC HANDS CLEANING SERVICES 315 WESTMINSTER DR SLIDELL LA 70460 DAILY JANITORIAL SERVICES 123994 2 1897710 1897710 TUITION & FEES 611110 10115433 10115433 MISCELLANEOUS INCOME 611110 126351 126351 AUXILIARY ACTIVITIES 611110 96478 96478 10338262 83695 83695 1868726 1239632 629094 629094 629094 173616 96510 77106 77106 13025867 10338262 0 789895 999920 999920 568374 406430 161944 6266973 4481349 1785624 263018 188077 74941 391877 280221 111656 478364 269278 209086 32114 32114 144492 115594 28898 77268 65678 11590 163516 130813 32703 8823 8823 50251 50251 872727 741818 130909 283625 283625 PLANT EXPENSES 430442 344358 86084 TUITION REMISSION 425535 425535 INSTRUCTIONAL MATERIALS 397384 288684 108700 LITTLE GATE 227654 227654 637472 212758 352808 71906 12719829 9178167 3361056 180606 1888784 1402988 1665095 972085 649474 619670 106594 206571 68535 78631 474587 396997 21254001 10546147 10402646 10707854 6603126 7869815 156019 148232 22014860 22402843 549801 555686 2567341 2590054 6300000 5950000 89099 76176 9506241 9171916 X 6126512 6164492 2965678 3636087 3416429 3430348 12508619 13230927 22014860 22402843 306038 416270 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6123845 1038919 1087925 452758 3800 7794131 5255528 30595 1336404 443437 55245 6123845 4976623 16580 630695 351666 16704 5255528 4185426 60670 1079658 330779 18352 4976623 3874827 3600 649699 318114 24586 4185426 0.13290 0.44010 0.42700 0 0 1310583 1310583 18761952 9774001 8987951 1181466 772146 409320 10707854 CAPITAL LEASE PAYABLE 76176 76176 X 12442217 416270 416270 12025947 999920 999920 13025867 11719909 0 11719909 999920 999920 12719829 PART X, LINE 2: THE SCHOOL HAS RECEIVED A TAX-EXEMPT RULING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL TAXES UNLESS THE SCHOOL HAS UNRELATED TRADE OR BUSINESS INCOME. ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. TAX YEARS ENDED JUNE 30, 2011 AND LATER REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. AS OF JUNE 30, 2014, MANAGEMENT OF THE SCHOOL BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS 999,920. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED AGAINST REVENUE IN FINANCIAL STATEMENTS 999,920. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S RACIAL NONDISCRIMINATORY POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS ITS STUDENT APPLICATION PACKETS. SPRING AUCTION 89804 89804 43724 SPIRIT NIGHT 29352 29352 10446 9 54460 54460 42340 173616 173616 96510 96510 77106 1 FINANCIAL AID TO STUDENTS OF THE SCHOOL 172 999920 PART I, LINE 2: THE ORGANIZATION DOES NOT ISSUE GRANTS TO ORGANIZATIONS. IT ISSUES FINANCIAL ASSISTANCE FOR TUITION RELIEF TO STUDENTS OF THE SCHOOL BASED ON SPECIFIC CRITERIA. X 1 1 X X 0 0 0 0 0 0 0 0 0 EILEEN POWERS HEADMISTRESS 312550 0 0 0 44000 0 12500 0 13041 0 382091 0 0 0 A LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT 721416168 546282CH5 2010-06-17 7000000 SEE DESCRIPTION OF PURPOSE IN SCHEDULE K, PAGE 3, PART VI 0 0 0 A 7000000 76916 135689 6787395 2015 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 WHITNEY NATIONAL BANK 5.000000000000 1 0 0 0 0 A 0 FORM 990, SCHEDULE K, PAGE 1, PART I, LINE A(F) THE LOUISE S. MCGEHEE SCHOOL WILL USE THE PROCEEDS OF THE BONDS TO (A) REFINANCE THE PRIOR LOANS; (B) FINANCE THE CONSTRUCTION, RENOVATION, EQUIPPING AND FURNISHING OF CERTAIN BUILDINGS AND FACILITIES ON THE CAMPUS OF THE LOUISE S. MCGEHEE SCHOOL IN NEW ORLEANS, LOUISIANA AND (C) PAY A PORTION OF THE COSTS OF ISSUANCE OF THE BONDS. GENE DRY TRUSTEE 8180 WIFE IS EMPLOYEE OF MCGEHEE AND ELIGIBLE FOR TUITION REMISSION GENE DRY TRUSTEE 27213 PARTNER IN COMPANY THAT PROVIDES TELEPHONE SERVICE TO THE SCHOOL 0 GEORGE YOUNG TRUSTEE 0 SCHOOL ENDOWMENT FUND IS MANAGED BY VILLERE & CO. MR. YOUNG IS A PARTNER THERE. 0 GEORGE VILLERE TRUSTEE 0 SCHOOL ENDOWMENT FUND IS MANAGED BY VILLERE & CO. 0 FORM 990, PART VI, SECTION A, LINE 2 SEE SCHEDULE L FOR EXPLANATION OF RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 11 WHEN THE ORGANIZATION'S CPA FIRM HAS COMPLETED PREPARATION OF THE FORM 990, A DRAFT OF THE FORM IS PROVIDED TO THE BOARD TREASURER AND THE FINANCE COMMITTEE FOR REVIEW AND DISCUSSION. FOLLOWING THIS REVIEW AND ANY RESULTING REVISIONS, THE TREASURER APPROVES THE FORM AND AUTHORIZES THE CPA FIRM TO FINALIZE THE RETURN FOR SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS EACH TRUSTEE SIGNS AN ACKNOWLEDGEMENT THAT THEY ARE AWARE OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND ARE IN COMPLIANCE WITH IT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES UTILIZES THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT TO DETERMINE THE COMPENSATION OF THE HEADMISTRESS. THE CONSULTANT SPECIALIZES IN COMPENSATION FOR INDEPENDENT SCHOOLS AND USES COMPARABLE DATA IN ITS RECOMMENDATIONS. THE RECOMMENDATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND PRESENTED TO THE FULL BOARD FOR DISCUSSION AND APPROVAL. THE ORGANIZATION'S EMPLOYEE BENEFITS LEGAL COUNSEL IS USED TO PREPARE THE HEADMISTRESS'S EMPLOYMENT AGREEMENT. THE COMPENSATION OF THE BUSINESS OFFICER IS DETERMINED BY THE HEADMISTRESS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING AND REPORTING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.