2024-05-15T12:01:59-05:00 2023-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 6550 N FEDERAL HIGHWAY 4TH FLOOR FT LAUDERDALE FL 33308 990 2022-07-01 273158582 LAKE CHARLES CHARTER ACADEMY FOUNDATION INC LAKE 3374757900 3160 POWER CENTER PARKWAY LAKE CHARLES LA 70607 ULYSSES GENE THIBODEAUX JD PRESIDENT 3374339403 2024-05-14 1 ULYSSES GENE THIBODEAUX JD 999009999 1 WILLIAM G BENSON P00455500 9547710896 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ULYSSES GENE THIBODEAUX 3910 MARIE COURT LAKE CHARLES LA 70607 45084513 0 X WWW.LAKECHARLESCHARTER.ORG/ X 2010 LA THE FOUNDATION OWNS AND OPERATES LAKE CHARLES CHARTER ACADEMY IN THE LOUISIANA PARISH OF CALCASIEU. THE SCHOOL PROVIDES STUDENTS, FROM KINDERGARTEN TO EIGHTH (K-8) GRADE, WITH THE NECESSARY TOOLS AND SKILLS NEEDED TO DEVELOP SUPERIOR LEVELS OF ACHIEVEMENT. 9 9 0 0 0 0 14059520 41365961 50516 110466 7534 -681428 1950842 585392 16068412 41380391 0 0 0 0 6312041 16254388 0 0 0 8531787 22757755 14843828 39012143 1224584 2368248 22449071 66334710 15243559 52814715 7205512 13519995 X 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. 0 0 28664202 695858 INSTRUCTIONAL SERVICES: PROVIDE EDUCATION TO STUDENTS THROUGH AN ENVIRONMENT THAT INTEGRATES A RESEARCH-BASED CURRICULUM, AND A CULTURE OF SUCCESS AND CONCENTRATION ON ACADEMIC RIGOR. 28664202 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 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 0 0 1 26 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 LA X X CHARTER SCHOOLS USA INC 9542023500 800 CORPORATE DRIVE SUITE 700 FORT LAUDERDALE FL 33334 X JUDGE ULYSSES GENE THIBODEAUX PRESIDENT 10.00 X X 0 0 0 REBECCA BONIOL VICE-PRESIDENT 3.00 X X 0 0 0 CLYDE W MITCHELL SECRETARY/TREASURER 3.00 X X 0 0 0 NICOLE SIMIEN TRUSTEE 3.00 X 0 0 0 PHYLLIS KETTLING TRUSTEE 3.00 X 0 0 0 SYLVIA STELLY TRUSTEE 3.00 X 0 0 0 RON RICHARD TRUSTEE 3.00 X 0 0 0 CHARLES A HONORE TRUSTEE 3.00 X 0 0 0 PATRICIA LAWRENCE TRUSTEE 3.00 X 0 0 0 0 0 0 0 0 0 0 CONSTRUCTION SERVICES OF SOUTHWEST LA LL 1600 IRA BREAUX ROAD LAKE CHARLES LA 70615 REPAIR SERVICE 367235 DS BUS SOUTH LLC 23889 WEST 40TH STREET SHAWNEE KS 66226 STUDENT TRANSPORTATION 321949 2 41365961 41365961 E-RATE REVENUES 611710 59717 59717 BEFORE AND AFTERCARE 611710 50749 50749 110466 310694 310694 2712000 3704122 -992122 -992122 -992122 INSURANCE PROCEEDS 900099 464735 464735 MISCELLANEOUS REVENUES 900099 120657 120657 585392 41380391 695858 0 -681428 X 13675401 13290049 385352 1532819 1097426 435393 1046168 1016689 29479 8387440 3215706 5171734 217792 2953 214839 95239 83102 12137 239532 191627 47905 239614 229679 9935 96753 77403 19350 3672337 3672337 2287451 2192522 94929 153110 146762 6348 REPAIRS AND MAINTENANCE 3064089 2936442 127647 SUPPLIES AND MATERIALS 1863348 1831241 32107 FOOD COSTS 1467460 1467460 UTILITIES 858000 799394 58606 115590 85747 29843 39012143 28664202 10347941 0 1508146 10252716 2313335 1614640 1316528 2148789 129990 70191 41586 8378 60199189 13343542 15661805 46855647 1477681 5384349 22449071 66334710 657084 594330 13136296 49625348 1450179 2595037 15243559 52814715 X 7205512 13519995 7205512 13519995 22449071 66334710 X 2368248 3946235 X X 0 1 X 1 1 1 X 4686682 4686682 43413770 5353395 38060375 3406549 678490 2728059 8500376 7295909 1204467 191812 15748 176064 46855647 RESTRICTED INVESTMENTS 5364261 DEPOSITS 20088 5384349 SALARIES AND WAGES PAYABLE 1481104 ACCRUED INTEREST PAYABLE 183709 COMPENSATED ABSENCES 112988 CUSTODIAL FUNDS 53788 DUE TO MANAGEMENT COMPANY 750333 DUE TO AGENCY FUNDS 13115 2595037 41380391 0 41380391 0 41380391 39012143 0 39012143 0 39012143 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. 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. A THE LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546395Q35 2011-12-15 9960000 PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA 0 0 0 B THE LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398Q27 2011-12-15 5215000 PROVIDE FUNDS FOR CHARTER SCHOOL ACQUISITION IN LAKE CHARLES, LOUISIANA 0 0 0 A 0 0 0 0 B 0 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 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 11B THE FORM 990 IS SUBMITTED TO THE MANAGEMENT COMPANY AND THE BOARD OF DIRECTORS FOR REVIEW. AMOUNTS REFLECTED ON FORM 990 ARE RECONCILED TO THE FOUNDATION'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 FOUNDATION'S FORM 990 AND FORM 1023 ARE 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 IX, LINE 11G PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 231,556. MANAGEMENT AND GENERAL EXPENSES 5,125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 236,681. CONTRACTED AND VENDOR SERVICES: PROGRAM SERVICE EXPENSES 2,984,150. MANAGEMENT AND GENERAL EXPENSES 3,519,588. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,503,738. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,647,021. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,647,021. FORM 990, PART XI, LINE 9: SOUTHWEST LOUISIANA CHARTER ACADEMY FOUNDATION BEGINNING NET POSITION 3,946,235. FORM 990, PART XII, LINE 2C THE FOUNDATION'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. FORM 990, PART XII, LINE 3B AN AUDIT AS REQUIRED AS SET FORTH IN THE SINGLE AUDIT ACT WAS PERFORMED. FORM 990, PART XI, LINE 9 EFFECTIVE BEGINNING WITH THE 2022-2023 SCHOOL YEAR, THE LOUISIANA DEPARTMENT OF EDUCATION APPROVED MATERIAL AMENDMENTS TO THE CHARTER CONTRACTS FOR SOUTHWEST LOUISIANA CHARTER ACADEMY AND LAKE CHARLES COLLEGE PREP TO BE ASSIGNED FROM THE SOUTHWEST LOUISIAN CHARTER ACADEMY FOUNDATION, INC. TO THE LAKE CHARLES CHARTER ACADEMY FOUNDATION, INC.