2011-02-01T16:15:01-06:00 2010-06-30 LaPORTE SEHRT ROMIG & HAND CPAs 5100 VILLAGE WALK SUITE 300 COVINGTON LA 70433 990 2009-07-01 200913967 The Einstein Group Inc EINS 5043247450 5100 CANNES ST New Orleans LA 70129 NOLAN MARSHALL 5043247450 2011-01-21 1 Bonnie Wyllie 9858925850 2009 2016-02-24 21:20:13Z NOLAN MARSHALL 5100 CANNES ST New Orleans LA 70129 4943277 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. 6 6 79 20 0 0 5506354 4810480 0 3420 11986 170993 120811 5680767 4943277 0 0 4056311 3808596 0 0 703201 1008462 4759512 4817058 921255 126219 1983996 2124791 123966 138542 1860030 1986249 EINSTEIN CHARTER SCHOOL PREPARES ITS STUDENTS, PRE-KINDERGARTEN THROUGH EIGHTH GRADE, FOR ACADEMIC SUCCESS THROUGH TEAMWORK, INVOLVING ALL STAKEHOLDERS. 0 0 4209262 TO PROVIDE PRE-KINDERGARTEN THROUGH EIGHTH GRADE EDUCATION WITH A CURRICULUM SPECIALIZED IN MATH AND SCIENCE TO ORLEANS PARISH CHILDREN, TUITION FREE. 471 STUDENTS ATTENDED EINSTEIN CHARTER SCHOOL DURING THE 2009 - 2010 SCHOOL YEAR. 4209262 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 79 1 0 0 0 0 0 0 0 0 0 6 6 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 NOLAN MARSHALL 2.00 X X 0 0 0 CHUCK GASHO 2.00 X X 0 0 0 RONALD CARRERE JR 2.00 X X 0 0 0 ANDREA MCNEIL 2.00 X 0 0 0 MARGARET NGUYEN 2.00 X 0 0 0 RAMONA JEAN PERKINS 2.00 X 0 0 0 SHAWN TORANTO 40.00 X 117649 0 15084 DOUG GUIDRY 40.00 X 92301 0 13411 209950 0 28495 1 0 0 0 0 4794682 15798 4810480 11986 11986 EVENT INCOME 611710 37691 37691 TEACHER STIPENDS 611710 31550 31550 REBATES/REFUNDS 611710 23691 23691 27879 27879 120811 4943277 120811 0 11986 258702 98468 160234 2779605 2710475 69130 380567 369852 10715 327810 321783 6027 61912 59322 2590 47900 47900 39830 39830 286577 79667 206910 4187 4187 372 264 108 3650 3650 32726 32726 36135 36135 24593 24593 MATERIALS & SUPPLIES 249388 246030 3358 REPAIRS AND MAINTENANCE 165948 165928 20 UTILITIES 90174 90174 DUES & FEES 12709 12704 5 STUDENT ACTIVITIES 12260 12260 2013 2013 4817058 4209262 607796 0 1103765 711207 765399 1247563 257672 91651 114832 166021 1983996 2124791 123966 138542 123966 138542 X 1860030 1986249 1860030 1986249 1983996 2124791 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 257672 91651 166021 166021 ACCRUED SALARIES 32728 TEACHER'S RETIREMENT COMPANY 62965 TEACHER'S RETIREMENT PAYABLE 32498 MEDICAL PRETAX 10351 138542 4943277 4817058 126219 0 126219 4943277 0 4943277 0 4943277 4817058 0 4817058 0 4817058 THE SCHOOL'S 2007 AND 2008 TAX RETURNS WERE FILED APPROPRIATELY. AS OF AUGUST 16, 2010, THE SCHOOL HAD NOT FILED THEIR 2009 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 SCHOOLS OPEN AUDIT PERIODS ARE 2007 AND 2008. 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 EINSTEIN CHARTER SCHOOL USES PRINT, RADIO, AND TELEVISION TO PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE SCHOOL'S REGISTRATION PERIOD. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE SCHOOL'S PRIMARY SOURCE OF FUNDING IS THROUGH THE STATE PUBLIC SCHOOL FUNDING AND THE ORLEANS PARISH SCHOOL BOARD WHICH MADE UP 71% OF ITS FUNDING. THE SCHOOL ALSO RECEIVED 22% OF ITS FUNDING FROM THE FEDERAL GOVERNMENT. 1 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 MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. 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. FORM 990, PART XI, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.