2011-05-13T15:42:59-05:00 2010-06-30 Luffey Huffman Ragsdale & Soignier APAC 1100 N 18TH ST Monroe LA 71201 990 2009-07-01 204924322 DARBONNE WOODS CHARTER SCHOOL INC DARB 3183688051 1002 STERLINGTON HWY FARMERVILLE LA 71241 KATHY KIRK 3183688051 2011-05-13 1 Francis I Huffman 3183872672 2009 2016-02-24 21:20:13Z X KATHY KIRK 1002 STERLINGTON HWY FARMERVILLE LA 71241 2428622 0 X WWW.DARBONNEWOODS.COM X 2006 LA D'ARBONNE WOODS CHARTER SCHOOL IS DEDICATED TO PROVIDING ALL CHILDREN WITH A MEANINGFUL AND ENGAGING EDUCATIONAL EXPERIENCE. EACH CHILDS POTENTIAL WILL BE ACHIEVED BY ENABLING THEM TO READ, WRITE, PARTICIPATE AND EXPLORE. 7 7 22 50 0 0 188121 612947 1785276 399 3271 4726 191392 2403348 0 0 85207 1028643 0 0 66667 697978 151874 1726621 39518 676727 48856 880136 85412 264930 -36556 615206 TO OPERATE A TYPE 2 CHARTER SCHOOL UNDER THE PROVISIONS OF THE LOUISIANA CHARTER SCHOOL LAW AND A CHARTER CONTRACT WITH THE LOUISIANA BOARD OF SECONDARY AND ELEMENTARY EDUCATION. THE SCHOOL IS LOCATED IN UNION PARISH, LOUISIANA 0 0 1504048 1785276 PROVIDED EDUCATIONAL SERVICES IN UNION PARISH LOUISIANA TO ELIGIBLE STUDENTS IN KINDERGARTEN THROUGH SIXTH GRADE. THE CURRICULUM IS DESIGNED TO MEET THE UNIQUE NEEDS OF RURAL, AT-RISK STUDENTS. THE FIRST YEAR D'ARBONNE WOODS CHARTER SCHOOL,INC OPERATED AS A SCHOOL WAS THE 2009-2010 SCHOOL YEAR. 1504048 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 22 1 0 0 0 0 0 0 0 0 0 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERSULA WINSLOW 3183688051 1002 STERLINGTON HWY FARMERVILLE LA 71241 JEANNA L SMITH X X 0 0 0 MARILYN SMITH X X 0 0 0 BONNIE NEESE X 0 0 0 BETTYE SLOCUM X X 0 0 0 TOMMY FUTCH X 0 0 0 SHAYLA JONES X 0 0 0 ANN MARIE ANDERSON X 0 0 0 BILL PHILLIPS X 0 0 0 JACKIE WOODS X 0 0 0 ROCHELLE GILBERT X 0 0 0 RYAN CHAPMAN X 0 0 0 CORLETTA G WILLIAMS 40.00 X 79500 0 6036 79500 0 6036 0 0 0 0 0 362887 250060 20 612947 LA PUBLIC SCHOOL FD 611600 1229365 1229365 LOCAL REVENUE MFP 611600 486875 486875 FOOD SERVICE INCOME 611710 43248 43248 OTHER SCHOOL SERVICES 611710 25788 25788 1785276 399 399 30000 25274 4726 4726 2403348 1785276 0 5125 131120 131120 692641 654982 37659 93998 89803 4195 88945 83035 5910 21939 21439 500 43973 32840 11133 5151 3193 1958 135364 54597 80767 2903 2631 272 26788 25599 1189 89786 22905 66881 28231 23057 5174 6355 6355 25288 25288 21513 20933 580 PROGRAM BKS & MATERIALS 152679 152679 FOOD SERVICE 124096 124096 STUDENT TRANSPORTATION 34766 34766 TRAINING 1085 1085 1726621 1504048 222573 0 4587 477979 27678 286819 4336 141278 30276 16591 111002 48856 880136 3412 194930 82000 70000 85412 264930 X -36556 385206 0 230000 -36556 615206 48856 880136 X 0 1 0 X 0 X 8257 1733 160443 612947 783380 8257 1733 160443 612947 783380 234320 549060 399 399 117 54 43 214 783993 1833839 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4500 825 3675 135849 29184 106665 929 267 662 111002 2403348 1726621 676727 -24965 -24965 651762 2414820 39150 39150 2375670 27678 27678 2403348 1763058 39150 39150 1723908 2713 2713 1726621 Part X: Description of Uncertain Tax Positions Under FIN 48: ON JULY 1, 2009 THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE IMPLEMENTATION OF THIS TOPIC HAD NO IMPACT ON THE STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE SCHOOL'S 2007 AND 2008 TAX RETURNS WERE FILED APPROPRIATELY. AS OF MARCH 31, 2011 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 SCHOOL'S 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. Part XII, Line 4b - Other Adjustments: ADJUST FROM CASH TO ACCRUAL - ACCOUNTS RECEIVABLE 06/30/2009 Part XIII, Line 4b - Other Adjustments: ADJUST FROM CASH TO ACCRUAL - ACCOUNTS PAYABLE 06/30/2009 1 1 1 THE NONDISCRIMATION POLICY WAS PUBLICIZED IN ADVERTISING IN THE LOCAL NEWSPAPER AND VISTORS GUIDE. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 D'ARBONNE WOODS CHARTER SCHOOL RECEIVED THE MAJORITY OF ITS FUNDING THROUGH THE MINIMUM FOUNDATION PROGRAM OF THE LOUISIANA STATE PUBLIC SCHOOL FUND. IT ALSO RECEIVED VARIOUS FEDERAL EDUCATION GRANTS THROUGH THE LOUISIANA DEPARTMENT OF EDUCATION. 1 VARIOUS PTO EVENTS 30000 30000 25274 30000 30000 25274 25274 4726 Form 990, Part VI, Section B, line 11 THE CPA PROVIDES THE EXECUTIVE DIRECTOR WITH THE FORM 990. IT IS THEN REVIEWED AND A COPY SENT TO EACH MEMBER OF THE GOVERNING BOARD FOR APPROVAL. AFTER APPROVAL IT IS SIGNED AND SUBMITTED. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY BEFORE BEING ELECTED TO THE BOARD OF DIRECTORS. THE CONFLICT OF INTEREST POLICY WILL BE REVIEWED IN JULY OF EACH YEAR AND EACH BOARD MEMBER WILL RECERTIFY THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, line 15 ALL SALARIES ARE COMPARABLE TO SURROUNDING PARISHES AND VOTED ON BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, line 19 ALL DOCUMENTS ARE KEPT ON FILE AT THE ORGANIZATION AND AVAILABLE UPON REQUEST. FORM 990 PART XI LINE I CHANGE FROM CASH TO ACCRUAL METHOD TO PREPARE THE 990: THE PRIOR YEAR'S FORM 990 WAS PREPARED ON THE CASH BASIS. THE CURRENT YEAR'S FORM 990 WAS PREPARED ON THE ACCRUAL BASIS. THE CHANGE FROM CASH TO ACCRUAL WAS MADE BECAUSE THE AUDITED FINANCIAL STATEMENTS WERE PREPARED ON THE ACCRUAL BASIS. AT JUNE 30, 2009 D'ARBONNE WOODS CHARTER SCHOOL, INC. HAD ACCOUNTS RECEIVABLE OF $27,678 AND ACCOUNTS PAYABLE OF $2,713. THE NET ADJUSTMENT TO UNRESTRICTED NET ASSETS TO CONVERT THE BOOKS TO ACCRUAL BASIS WAS $24,965. THE UNRESTRICTED NET ASSETS AT JUNE 30, 2009 ON THE CASH BASIS WERE ($61,521). THE UNRESTRICTED NET ASSETS AT JUNE 30, 2009 ON THE ACCRUAL BASIS WERE ($36,556). FORM 990 PART XI LINE 2 RESPONSIBILITY FOR AUDIT OF FINANCIAL STATEMENTS: D'ARBONNE WOODS CHARTER SCHOOL'S FINANCIAL STATEMENTS WERE AUDITED FOR THE YEAR ENDED JUNE 30, 2010. PRIOR YEAR'S FINANCIAL STATEMENTS WERE COMPILED. THE BOARD OF DIRECTORS HAD RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.