2024-05-14T16:33:14-05:00 2023-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2022-07-01 203694026 FRENCH AND MONTESSORI EDUCATION INC DBA AUDUBON CHARTER SCHOOL FREN 5043247103 428 BROADWAY STREET NEW ORLEANS LA 70118 STEVEN CORBETT CEO 5043247103 2024-05-14 1 STEVEN CORBETT 999009999 0 BRUCE S PRENDERGAST MS CPA P00151746 5048355522 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN CORBETT 428 BROADWAY STREET NEW ORLEANS LA 70118 19347965 0 X WWW.AUDUBONCHARTER.COM X 2005 LA SCHOOL PROVIDING MONTESSORI AND FRENCH EDUCATION FOR STUDENTS IN GRADES KINDERGARTEN THROUGH 8TH. 12 12 247 50 0 0 13717336 18740798 471137 399827 -7375 20279 107909 161165 14289007 19322069 0 0 0 0 10402373 11149803 0 0 0 4784257 6030390 15186630 17180193 -897623 2141876 8031230 9439459 3388090 2654547 4643140 6784912 AUDUBON CHARTER SCHOOL IS DEDICATED TO THE DEVELOPMENT OF CREATIVE, CONSTRUCTIVE AND DISCIPLINED LEARNERS. THIS OBJECTIVE IS ACHIEVED THROUGH UNIQUELY INNOVATIVE EDUCATIONAL PROGRAMS. 0 0 14628566 553912 WITH ITS MONTESSORI AND FRENCH PROGRAMS, AUDUBON CHARTER SCHOOL HAS CREATED AN ADVANCED LEARNING ENVIRONMENT DRIVEN BY CURRICULA DESIGNED TO DRAW HIGHLY-MOTIVATED, HIGH-ACHIEVING STUDENTS. AUDUBON CHARTER SCHOOL TEACHES KINDERGARTEN THROUGH 8TH GRADE. 1,177 STUDENTS ATTENDED DURING THE 2022-2023 SCHOOL YEAR. 14628566 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 247 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X YOLANDA WILLIAMS 5043247100 428 BROADWAY STREET NEW ORLEANS LA 70118 BEN LEVINE MEMBER 1.00 X 0 0 0 DARLEEN MIPRO PARENT REPRESENTATIVE 1.00 X 0 0 0 HAROLD LEBLANC TREASURER 1.00 X X 0 0 0 JORGE PEREZ MEMBER 1.00 X 0 0 0 KEVIN WILKINS MEMBER 1.00 X 0 0 0 LOURDES MORAN VICE-CHAIR 1.00 X X 0 0 0 RACHEL KIRSCHMAN CHAIR 5.00 X X 0 0 0 RAMONA FERNANDEZ SECRETARY 1.00 X X 0 0 0 CICI LAWSON PARENT REPRESENTATIVE 1.00 X 0 0 0 CHAN TUCKER PARENT REPRESENTATIVE 1.00 X 0 0 0 CLAIR LEBAS MEMBER 1.00 X 0 0 0 BRENDAN CONNICK MEMBER 1.00 X 0 0 0 DR STEVEN CORBETT CEO 50.00 X 128390 0 36608 128390 0 36608 1 0 1 0 GENUINE FOODS 411 CONGRESS STREET PORTLAND ME 04101 FOOD SERVICES 478690 K&S TRANSPORTATION LLC 6032 WICKFIELD DR NEW ORLEANS LA 70122 STUDENT TRANSPORTATION 384105 HUBBARD & TENNYSON LLC 10001 LAKE FOREST BLVD SUITE 820 NEW ORLEANS LA 70127 SPEECH THERAPY SERVICES 250836 SPEDUCATION EVALUATION SERVICES 6221 S CLAIBORNE AVE NEW ORLEANS LA 70125 SPECIAL EDUCATION CONSULTING SERVICES 199504 ADAMS AND REESE LLP 701 POYDRAS ST 4500 NEW ORLEANS LA 70139 LEGAL SERVICES 128987 5 18481043 259755 18740798 STUDENT ACTIVITY REVENUE 611710 230534 230534 TUITION REVENUE 611710 169293 169293 399827 20175 20175 26000 25896 104 104 104 7080 0 7080 7080 MISCELLANEOUS 611710 154085 154085 154085 19322069 553912 0 27359 X 128017 128017 8518014 7605579 912435 1601953 1410680 191273 623065 550404 72661 278754 246246 32508 2652090 2046012 606078 402228 399320 2908 12000 12000 696212 696212 435051 435051 EDUCATIONAL SUPPLIES AN 846178 689118 157060 REPAIRS AND MAINTENANCE 582542 568906 13636 DUES 301763 301763 DEBT SERVICE 102326 102326 17180193 14628566 2551627 0 2346718 5023562 1937627 1369616 3329 3178 192435 86088 4679385 2487687 2879625 2191698 671496 765317 8031230 9439459 1062306 790269 261822 0 2063962 1864278 3388090 2654547 X 4643140 6784912 4643140 6784912 8031230 9439459 X 2141876 -104 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4071752 1967308 2104444 607633 520379 87254 2191698 PUBLICLY TRADED SECURITIES 599737 F RIGHT-OF-USE ASSET 165580 F 765317 TERM LOAN 1693018 FINANCE LEASE LIABILITY 171260 1864278 X 19321965 -104 -104 19322069 0 19322069 17180193 0 17180193 0 17180193 PART X, LINE 2: THE ORGANIZATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE SCHOOL'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INCOME TAX EXPENSE PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE ON REALIZED GAINS -104. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AUDUBON CHARTER SCHOOL HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE FOLLOWING MEDIUMS: BROCHURES AND APPLICATION FORMS SENT OUT TO SCHOOLS IN NEW ORLEANS AND SURROUNDING PARISHES, LOCAL NEWSPAPERS' EDUCATION COLUMNS, NEWSLETTERS, AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE SCHOOL'S PRIMARY SOURCE OF FUNDING IS THROUGH THE STATE PUBLIC SCHOOL FUND AND THE ORLEANS PARISH SCHOOL BOARD. THE SCHOOL RECEIVED $14,863,824 FROM THE STATE AND OPSB BASED ON ELIGIBLE STUDENTS IN ATTENDANCE ON A MONTHLY BASIS. STATE AND FEDERAL GRANTS ARE ON A COST REIMBURSEMENT BASIS. AN ACCRUAL IS MADE WHEN ELIGIBLE EXPENSES ARE INCURRED. THE ORGANIZATION RECEIVED 77% OF ITS REVENUES IN THE YEAR ENDED JUNE 30, 2023, FROM THE LOUISIANA DEPARTMENT OF EDUCATION, SUBJECT TO ITS CHARTER SCHOOL CONTRACTS WITH THE ORLEANS PARISH SCHOOL BOARD, AND 19% OF ITS FUNDING FROM THE FEDERAL GOVERNMENT. POPCORN FUNDRAISER 7080 7080 7080 7080 7080 X 0 0 0 0 0 0 0 0 0 DR STEVEN CORBETT CEO 128390 0 0 0 0 0 32795 0 3813 0 164998 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAIN AND THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE TAX RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF THE ANNUAL AUDIT PROCESS, OFFICERS AND EMPLOYEES MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. BOARD MEMBERS READ AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BUDGET AND FINANCE COMMITTEE IS IN CHARGE OF BUDGET DECISIONS, INCLUDING DECIDING COMPENSATION FOR ALL EMPLOYEES. THE BUDGET AND FINANCE COMMITTEE USES SALARY AMOUNTS FROM SIMILAR POSITIONS AT SURROUNDING SCHOOLS AS A BENCHMARK IN CHOOSING AN APPROPRIATE SALARY. THE COMMITTEE MAKES ITS INITIAL DECISIONS AND THEN IT GOES TO THE BOARD OF DIRECTORS FOR APPROVAL. THE BOARD OF DIRECTORS ARE INDEPENDENT OF THE SCHOOL AND RECEIVE NO COMPENSATION FROM THE SCHOOL. ALL DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD'S 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 THROUGH PUBLIC RECORDS REQUESTS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,190,397. MANAGEMENT AND GENERAL EXPENSES 606,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,796,475. FOOD SERVICE: PROGRAM SERVICE EXPENSES 470,865. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 470,865. STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 384,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 384,750. FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE ON REALIZED GAINS -104. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.