LAKE CHARLES CHARTER ACADEMY FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LAKE CHARLES CHARTER ACADEMY FOUNDATION INC (EIN 27-3158582)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-15
- IRS object ID
- 201420499349301267
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-15T14:16:58-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591363792 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEEFE MCCULLOUGH & CO LLP CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6550 N FEDERAL HIGHWAY SUITE 410 | AddressLine1 |
| City | FT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33308 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273158582 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE CHARLES CHARTER ACADEMY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LAKE | NameControl |
| Phone | 3374757900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3160 POWER CENTER PARKWAY | AddressLine1 |
| City | LAKE CHARLES | City |
| State | LA | State |
| ZIP Code | 70607 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ULYSSES G THIBODEAUX JD | Name |
| Title | PRESIDENT | Title |
| Phone | 3374339403 | Phone |
| Date Signed | 2014-02-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM G BENSON | Name |
| PTIN | P00455500 | PTIN |
| Phone | 9547710896 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ULYSSES THIBODEAUX JD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3910 MARIE COURT | AddressLine1 |
| City | LAKE CHARLES | City |
| State | LA | State |
| ZIP Code | 70607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8787516 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LAKECHARLESCHARTER.ORG/ | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2010 | YearFormation |
| State Legal Domicile | LA | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION OWNS AND OPERATES LAKE CHARLES CHARTER ACADEMY IN THE LOUISIANA PARISH OF CALCASIEU. THE SCHOOL WILL PROVIDE STUDENTS, FROM KINDERGARTEN TO EIGHTH GRADE, WITH THE NECESSARY TOOLS AND SKILLS NEEDED TO DEVELOP SUPERIOR LEVELS OF ACHIEVEMENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 6496056 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8139845 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 91229 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 70479 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 82254 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 210893 | OtherRevenuePriorYear |
| Other Revenue Current Year | 39165 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6798178 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8331743 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2438322 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2931320 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3801653 | OtherExpensePriorYear |
| Other Expenses Current Year | 4868306 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6239975 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7799626 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 558203 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 532117 | RevenuesLessExpensesCY |
| Total Assets BOY | 16088194 | TotalAssetsBOY |
| Total Assets EOY | 16797685 | TotalAssetsEOY |
| Total Liabilities BOY | 15529991 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15707365 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 558203 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1090320 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | LAKE CHARLES CHARTER ACADEMY FOUNDATION, INC. IS A NON-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AND IS COMPRISED OF RESPECTED LEADERS IN THE LAKE CHARLES COMMUNITY THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE CITIZENS OF THE CALCASIEU PARISH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4690550 | Expense |
| Revenue | 191293 | Revenue |
| Description | PROVIDE EDUCATION TO STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE (K-8) AT LAKE CHARLES CHARTER ACADEMY THROUGH AN ENVIRONMENT THAT INTEGRATES A RESEARCH-BASED CURRICULUM, AND A CULTURE OF SUCCESS AND CONCENTRATION ON ACADEMIC RIGOR. | Description |
| Total Program Service Expense | 4690550 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 12 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | LA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARTER SCHOOLS USA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9542023500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6245 N FEDERAL HWY 5TH FLR | AddressLine1 |
| City | FORT LAUDERDALE | City |
| State | FL | State |
| ZIP Code | 33308 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JUDGE ULYSSES GENE THIBODEAUX | ||||||
| CHAIRMAN/PRESIDENT | 10.00 | X | X | 0 | 0 | 0 |
| CHARLES A HONORE | ||||||
| VICE-PRESIDENT | 3.00 | X | X | 0 | 0 | 0 |
| CLYDE W MITCHELL | ||||||
| SECRETARY/TREASURER | 3.00 | X | X | 0 | 0 | 0 |
| ANEETZA AFZAL MD | ||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |
| PATRICIA KELTY | ||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |
| DREW RANIER JD | ||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |
| MARK BONIOL | ||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CHARTER SCHOOLS USA INC | |||||
| 6245 N FEDERAL HIGHWAY | FORT LAUDERDALE | FL | 33308 | SCHOOL MANAGEMENT | 1289472 |
| CDW CORPORATION | |||||
| 200 N MILWAUKEE AVE | VERNON HILLS | IL | 32254 | SCHOOL EQUIPMENT AND SUPPLIES | 579597 |
| PREFERRED MEAL SYSTEMS | |||||
| 5240 ST CHARLES ROAD | BERKELEY | IL | 60163 | FOOD SERVICES | 256079 |
| SIGNATURE SCHOOL PRODUCTS INC | |||||
| 230 SPRINGVIEW COMMERCE DRIVE 300 | DEBARY | FL | 32713 | SCHOOL EQUIPMENT AND SUPPLIES | 255531 |
| ATLANTIC AND SOUTHERN TRANSPORTATION IN | |||||
| 649 5TH AVENUE SOUTH | NAPLES | FL | 34102 | TRANSPORTATION | 102728 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 8103000 | GovernmentGrants |
| All Other Contributions | 36845 | AllOtherContributions |
| Total Contributions | 8139845 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| BEFORE AND AFTERCARE F | 611710 | 49096 | 49096 |
| STUDENT LUNCHES | 611710 | 17383 | 17383 |
| ENRICHMENT PROGRAMS | 611710 | 4000 | 4000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 70479 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 605 | TotalRevenueColumn |
| Exclusion | $605 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 537422 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 455773 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 81649 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 81649 | TotalRevenueColumn |
| Related Or Exempt Function Income | 81649 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 39165 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39165 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 39165 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8331743 | TotalRevenueColumn |
| Related Or Exempt Function Income | 191293 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $605 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2704472 | Total |
| Program Services | 2639973 | ProgramServices |
| Management And General | 64499 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3918 | Total |
| Program Services | 3888 | ProgramServices |
| Management And General | 30 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222930 | Total |
| Program Services | 214414 | ProgramServices |
| Management And General | 8516 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233743 | Total |
| Program Services | 220363 | ProgramServices |
| Management And General | 13380 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55737 | Total |
| Management And General | 55737 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50772 | Total |
| Program Services | 50772 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40041 | Total |
| Program Services | 7017 | ProgramServices |
| Management And General | 33024 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1265946 | Total |
| Management And General | 1265946 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444254 | Total |
| Management And General | 444254 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258417 | Total |
| Program Services | 163298 | ProgramServices |
| Management And General | 95119 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 1065848 | 1065848 | |
| PROGRAM EXPENSES | 368998 | 368998 | |
| FOOD COSTS | 259543 | 259543 | |
| PROGRAM SUPPLIES | 247783 | 247783 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 577224 | Total |
| Program Services | 514501 | ProgramServices |
| Management And General | 62723 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7799626 | Total |
| Program Services | 4690550 | ProgramServices |
| Management And General | 3109076 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 766638 | BOY |
| EOY | 1533897 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160068 | BOY |
| EOY | 336202 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22735 | BOY |
| EOY | 11545 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118269 | BOY |
| EOY | 4596 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 12807396 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 431743 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9168686 | BOY |
| EOY | 12375653 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5851798 | BOY |
| EOY | 2535792 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16088194 | BOY |
| EOY | 16797685 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83033 | BOY |
| EOY | 38926 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15446958 | BOY |
| EOY | 15668439 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15529991 | BOY |
| EOY | 15707365 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558203 | BOY |
| EOY | 1090320 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558203 | BOY |
| EOY | 1090320 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16088194 | BOY |
| EOY | 16797685 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 532117 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1254128 | OtherCostOrOtherBasis |
| Book Value | 1254128 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10465714 | OtherCostOrOtherBasis |
| Depreciation | 213190 | Depreciation |
| Book Value | 10252524 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 514264 | OtherCostOrOtherBasis |
| Depreciation | 82380 | Depreciation |
| Book Value | 431884 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 573290 | OtherCostOrOtherBasis |
| Depreciation | 136173 | Depreciation |
| Book Value | 437117 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 12375653 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| RESTRICTED CASH | 1488387 |
| UNAMORTIZED BOND ISSUANCE COSTS AND UNDERWRITER'S DISCOUNT | 553500 |
| DEPOSITS | 15445 |
| DUE FROM RELATED PARTY | 478460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2535792 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| BONDS PAYABLE, NET OF UNAMORTIZED DISCOUNT | $15,128,648 |
| SALARIES AND WAGES PAYABLE | $488,618 |
| ACCRUED INTEREST PAYABLE | $51,173 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 15668439 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 8313877 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 8313877 | RevenueSubtotal |
| Other Revenues Not Included | 17866 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 17866 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8331743 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7781760 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 7781760 | ExpensesSubtotal |
| Other Expenses Not Included | 17866 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 17866 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7799626 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ADMINISTRATION FEES PAID TO THE DADE COUNTY SCHOOL BOARD |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ADMINISTRATION FEES PAID TO THE CALCASIEU PARISH SCHOOL BOARD |
| SCHEDULE D PART XI, LINE 4B: ADMINISTRATION FEES PAID TO CALCASIEU PARISH SCHOOL BOARD. SCHEDULE D XII, LINE 4B: ADMINISTRATION FEES PAID TO THE CALCASIEU PARISH SCHOOL BOARD. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE SCHOOL IS A PUBLIC CHARTER SCHOOL ORGANIZED UNDER LOUISIANA STATUTES. ALL NONDISCRIMINATORY POLICY INFORMATION IS AVAILABLE THROUGH VARIOUS SOURCES, INCLUDING PUBLIC ANNOUNCEMENTS, PUBLICATIONS AND ON THEIR WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVED COMPENSATION FOR SERVICE IN THE FORM OF VARIOUS AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERMENTS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| LOUISIANA PUBLIC FACILITIES AUTHORITY | ||||||||
| A | 720895871 | 546395Q35 | 2011-12-15 | 9960000 | PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA | 0 | 0 | 0 |
| LOUISIANA PUBLIC FACILITIES AUTHORITY | ||||||||
| B | 720895871 | 546398Q27 | 2011-12-15 | 5215000 | PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA | 0 | 0 | 0 |
| LOUISIANA PUBLIC FACILITIES AUTHORITY | ||||||||
| C | 720895871 | 546398Q43 | 2011-12-15 | 340000 | PAYING CAPITALIZED INTEREST, COST OF ISSUANCE AND FUND DEPOSIT TO RESERVE | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE FOUNDATION HAS HIRED A PROFESSIONAL CHARTER SCHOOL MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATIONS OF ALL SCHOOLS OWNED BY THE FOUNDATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS SUBMITTED TO THE MANAGEMENT COMPANY AND TO THE BOARD OF DIRECTORS FOR REVIEW. AMOUNTS LISTED ON FORM 990 ARE AGREED TO THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND APPROVED PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH THE STANDARDS AND PROVISIONS SET FORTH BY THE CALCASIEU PARISH SCHOOL DISTRICT. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST ANNUALLY. | |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. THE FORM 990 CAN ALSO BE FOUND ON WWW.GUIDESTAR.COM. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE MANAGEMENT COMPANY. | |
| FORM 990, PART XI, LINE 2C | THE ORGANIZATION'S GOVERNING BOARD SELECTS THEIR AUDITOR IN COMPLIANCE WITH THE LOUISIANA STATUES WHICH REQUIRE CERTAIN CRITERIA TO BE FOLLOWED IN THEIR REQUEST FOR PROPOSAL PROCESS. NO CHANGES HAVE BEEN IMPLEMENTED TO THIS PROCESS OVER THE PAST YEAR. | SELECTION OF AUDIT SERVICES |
| FORM 990, PART XI, LINE 3B | AN AUDIT AS REQUIRED AS SET FORTH IN THE SINGLE AUDIT ACT WAS PERFORMED. | REQUIREMENTS FOR AUDIT UNDER SINGLE AUDIT ACT |
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