EINSTEIN GROUP: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
EINSTEIN GROUP (EIN 20-0913967)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-03-05
IRS object ID
201540649349300409
Schema version
2013v4.0
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)
Return2015-03-05T10:42:51-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN721088864PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LAPORTE APACBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15100 VILLAGE WALK SUITE 300AddressLine1
CityCOVINGTONCity
StateLAState
ZIP Code70433ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200913967EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE EINSTEIN GROUP INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlEINSBusinessNameControlTxt
Phone5043247450PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1
CityNEW ORLEANSCity
StateLAState
ZIP Code70129ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURIN JACOBSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5043247450PhoneNum
Signature2015-03-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSEAN O'NEILL CPAPreparerPersonNm
PTINP01061021PTIN
Phone9858925850PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURIN JACOBSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15100 CANNES STAddressLine1
CityNEW ORLEANSCity
StateLAState
ZIP Code70129ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$9,928,889GrossReceiptsAmt
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 Employee124TotalEmployeeCnt
Total Volunteers230TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,768,325PYContributionsGrantsAmt
CY Contributions Grants$9,746,577CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$14,244PYInvestmentIncomeAmt
CY Investment Income$19,334CYInvestmentIncomeAmt
PY Other Revenue$129,239PYOtherRevenueAmt
CY Other Revenue$162,978CYOtherRevenueAmt
PY Total Revenue$4,911,808PYTotalRevenueAmt
CY Total Revenue$9,928,889CYTotalRevenueAmt
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$3,998,411PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,324,849CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$63,036CYTotalFundraisingExpenseAmt
PY Other Expenses$756,416PYOtherExpensesAmt
CY Other Expenses$1,552,403CYOtherExpensesAmt
PY Total Expenses$4,754,827PYTotalExpensesAmt
CY Total Expenses$8,877,252CYTotalExpensesAmt
PY Revenues Less Expenses$156,981PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,051,637CYRevenuesLessExpensesAmt
Total Assets BOY$2,034,852TotalAssetsBOYAmt
Total Assets EOY$3,444,248TotalAssetsEOYAmt
Total Liabilities BOY$119,327TotalLiabilitiesBOYAmt
Total Liabilities EOY$456,737TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,915,525NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,987,511NetAssetsOrFundBalancesEOYAmt
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$8,097,333ExpenseAmt
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 911 STUDENTS, TUITION FREE, FROM THE MICHOUD COMMUNITY IN NEW ORLEANS EAST DURING THE 2013-2014 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$8,097,333TotalProgramServiceExpensesAmt
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
Employee124EmployeeCnt
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 STREETAddressLine1
CityPONCHATOULACity
StateLAState
ZIP Code70454ZIPCode

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
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
LAUREN NARCISSE
VICE PRESIDENT, SECRETARY2.00Yes (X)Yes (X)$0$0$0
CHUCK GASHO
BOARD MEMBER2.00Yes (X)$0$0$0
EMILY DANIELSON
BOARD MEMBER2.00Yes (X)$0$0$0
ZACHARY WOOL
BOARD MEMBER2.00Yes (X)$0$0$0
ANDREW LORENZ
BOARD MEMBER2.00Yes (X)$0$0$0
SHEILA SUNDAR
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN C BOWMAN III
BOARD MEMBER2.00Yes (X)$0$0$0
SHAWN TORANTO
PRINCIPAL/CEO50.00Yes (X)$175,766$0$12,177
DOUG GUIDRY
BUSINESS MANAGER45.00Yes (X)$113,859$0$8,262
FieldValueIRS element (for citing)
Total Reportable Comp From Org$289,625TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$20,439TotalOtherCompensationAmt
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$9,216,257GovernmentGrantsAmt
All Other Contributions$530,320AllOtherContributionsAmt
Total Contributions$9,746,577TotalContributionsAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,334TotalRevenueColumnAmt
Exclusion$19,334ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REBATES/REFUNDS611710$20,161$20,161
TEACHER STIPENDS611710$15,728$15,728
INSURANCE PROCEEDS611710$5,917$5,917

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$121,172TotalRevenueColumnAmt
Related Or Exempt Func Income$121,172RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$162,978OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,928,889TotalRevenueColumnAmt
Related Or Exempt Func Income$162,978RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$19,334ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$248,039TotalAmt
Program Services$92,268ProgramServicesAmt
Management And General$155,771ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,934,872TotalAmt
Program Services$4,799,915ProgramServicesAmt
Management And General$95,373ManagementAndGeneralAmt
Fundraising$39,584FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,310,181TotalAmt
Program Services$1,265,905ProgramServicesAmt
Management And General$33,985ManagementAndGeneralAmt
Fundraising$10,291FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$713,635TotalAmt
Program Services$684,689ProgramServicesAmt
Management And General$22,862ManagementAndGeneralAmt
Fundraising$6,084FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$118,122TotalAmt
Program Services$96,853ProgramServicesAmt
Management And General$20,413ManagementAndGeneralAmt
Fundraising$856FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$47,236TotalAmt
Management And General$47,236ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,050TotalAmt
Management And General$31,050ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$316,966TotalAmt
Program Services$55,313ProgramServicesAmt
Management And General$261,190ManagementAndGeneralAmt
Fundraising$463FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,491TotalAmt
Program Services$12,491ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$99,749TotalAmt
Program Services$99,749ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$137,131TotalAmt
Program Services$137,131ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,646TotalAmt
Program Services$4,887ProgramServicesAmt
Management And General$1,526ManagementAndGeneralAmt
Fundraising$233FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$39,578TotalAmt
Program Services$39,578ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$38,400TotalAmt
Management And General$38,400ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT TRANSPORTATION$292,782$292,782
MATERIALS & SUPPLIES$215,704$201,102$9,077$5,525
REPAIRS AND MAINTENANCE$133,007$133,007
STUDENT ACTIVITIES$101,717$101,717

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$79,946TotalAmt
Program Services$79,946ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,877,252TotalAmt
Program Services$8,097,333ProgramServicesAmt
Management And General$716,883ManagementAndGeneralAmt
Fundraising$63,036FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,644,606BOYAmt
EOY$3,144,039EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$346,382BOYAmt
EOY$212,575EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$341,020LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$253,386LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$43,864BOYAmt
EOY$87,634EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,034,852BOYAmt
EOY$3,444,248EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$119,327BOYAmt
EOY$451,668EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$119,327BOYAmt
EOY$456,737EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,915,525BOYAmt
EOY$2,937,511EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

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

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,915,525BOYAmt
EOY$2,987,511EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,034,852BOYAmt
EOY$3,444,248EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,051,637ReconcilationRevenueExpnssAmt
Prior Period Adjustments$20,349PriorPeriodAdjustmentsAmt
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$341,020OtherCostOrOtherBasisAmt
Depreciation$253,386DepreciationAmt
Book Value$87,634BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$87,634TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ACCRUED SALARIES$116,035
ACCRUED INSURANCE PAYABLE$90,292
PAYROLL TAXES PAYABLE$181
ACCRUED RETIREMENT$245,160
FieldValueIRS element (for citing)
Total Liability$451,668TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,928,889TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,928,889RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,928,889TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,877,251TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$8,877,251ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,877,251TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL'S 2010, 2011 AND 2012 TAX RETURNS WERE FILED APPROPRIATELY. AS OF AUGUST 28, 2014, THE SCHOOL HAD NOT FILED THEIR 2013 TAX RETURN. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE SCHOOL'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE SCHOOL'S OPEN AUDIT PERIODS ARE 2010 THROUGH 2012. MANAGEMENT HAS EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED THAT THE SCHOOL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.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 79% OF ITS REVENUES IN THE YEAR ENDED JUNE 30, 2014 FROM THE STATE PUBLIC SCHOOL FUNDING AND THE ORLEANS PARISH SCHOOL BOARD, SUBJECT TO ITS CHARTER SCHOOL CONTRACT WITH THE SCHOOL BOARD, AND 9% 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

FieldValueIRS element (for citing)
PersonSHAWN TORANTOPersonNm
TitlePRINCIPAL/CEOTitleTxt
Base Compensation Filing Org$175,766BaseCompensationFilingOrgAmt
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$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$12,177NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$187,943TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

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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