2015-03-05T10:42:51-06:00 2014-06-30 721088864 LAPORTE APAC 5100 VILLAGE WALK SUITE 300 COVINGTON LA 70433 990 2013-07-01 200913967 THE EINSTEIN GROUP INC EINS 5043247450 5100 CANNES ST NEW ORLEANS LA 70129 LAURIN JACOBSON PRESIDENT 5043247450 2015-03-04 1 SEAN O'NEILL CPA P01061021 9858925850 2013 2016-04-25 22:37:26Z LAURIN JACOBSON 5100 CANNES ST NEW ORLEANS LA 70129 9928889 0 X HTTP://WWW.EINSTEINCHARTER.ORG X 2004 LA TO PROVIDE TUITION-FREE, QUALITY EDUCATION TO STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE IN ORLEANS PARISH. THE SCHOOL SPECIALIZES IN MATH AND SCIENCE. 8 8 124 230 0 0 4768325 9746577 0 0 14244 19334 129239 162978 4911808 9928889 0 0 0 0 3998411 7324849 0 0 63036 756416 1552403 4754827 8877252 156981 1051637 2034852 3444248 119327 456737 1915525 2987511 X EINSTEIN CHARTER SCHOOL PREPARES ITS STUDENTS, PRE-KINDERGARTEN THROUGH EIGHTH GRADE, FOR ACADEMIC SUCCESS THROUGH TEAMWORK, INVOLVING ALL STAKEHOLDERS. 0 0 8097333 EINSTEIN 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. 8097333 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 124 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PHIL HEBERT 9853865740 600 WEST PINE STREET PONCHATOULA LA 70454 LAURIN JACOBSON PRESIDENT 2.00 X X 0 0 0 LAUREN NARCISSE VICE PRESIDENT, SECRETARY 2.00 X X 0 0 0 CHUCK GASHO BOARD MEMBER 2.00 X 0 0 0 EMILY DANIELSON BOARD MEMBER 2.00 X 0 0 0 ZACHARY WOOL BOARD MEMBER 2.00 X 0 0 0 ANDREW LORENZ BOARD MEMBER 2.00 X 0 0 0 SHEILA SUNDAR BOARD MEMBER 2.00 X 0 0 0 JOHN C BOWMAN III BOARD MEMBER 2.00 X 0 0 0 SHAWN TORANTO PRINCIPAL/CEO 50.00 X 175766 0 12177 DOUG GUIDRY BUSINESS MANAGER 45.00 X 113859 0 8262 289625 0 20439 2 0 1 0 0 9216257 530320 9746577 19334 19334 REBATES/REFUNDS 611710 20161 20161 TEACHER STIPENDS 611710 15728 15728 INSURANCE PROCEEDS 611710 5917 5917 121172 121172 162978 9928889 162978 0 19334 248039 92268 155771 4934872 4799915 95373 39584 1310181 1265905 33985 10291 713635 684689 22862 6084 118122 96853 20413 856 47236 47236 31050 31050 316966 55313 261190 463 12491 12491 99749 99749 137131 137131 6646 4887 1526 233 39578 39578 38400 38400 STUDENT TRANSPORTATION 292782 292782 MATERIALS & SUPPLIES 215704 201102 9077 5525 REPAIRS AND MAINTENANCE 133007 133007 STUDENT ACTIVITIES 101717 101717 79946 79946 8877252 8097333 716883 63036 1644606 3144039 346382 212575 341020 253386 43864 87634 2034852 3444248 0 5069 119327 451668 119327 456737 X 1915525 2937511 50000 1915525 2987511 2034852 3444248 1051637 20349 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 341020 253386 87634 87634 ACCRUED SALARIES 116035 ACCRUED INSURANCE PAYABLE 90292 PAYROLL TAXES PAYABLE 181 ACCRUED RETIREMENT 245160 451668 X 9928889 0 9928889 0 9928889 8877251 0 8877251 0 8877251 PART X, LINE 2: THE 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EINSTEIN CHARTER SCHOOL USES PRINT, RADIO, AND TELEVISION TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE SCHOOL'S REGISTRATION PERIOD. SCHEDULE E, PART I, LINE 6 THE 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. X X 0 0 0 0 0 0 0 0 0 SHAWN TORANTO PRINCIPAL/CEO 175766 0 0 0 0 0 0 0 12177 0 187943 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 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 12C ALL 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 15 THE 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE SCHOOL'S PHYSICAL ADDRESS.