2025-04-02T08:24:52-05:00 2024-06-30 720549733 ERICKSEN KRENTEL LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2023-07-01 862990158 GREAT HEARTS LOUISIANA INC GREA 2254167611 11801 BLUEBONNET BOULEVARD BATON ROUGE LA 70180 MATTHEW BUSHARD CHIEF FINANCIAL OFFICER 2254167611 2025-04-02 1 1 JEREMY THIBODEAUX CPA P01232904 5044867275 2023 2025-03-06 01:10:19Z MATTHEW BUSHARD 11801 BLUEBONNET BLVD BATON ROUGE LA 70810 7219377 0 X LOUISIANA.GREATHEARTSAMERICA.ORG X 2021 LA SEE SCHEDULE O 8 7 0 75 0 0 1405000 7093222 0 126155 0 0 0 0 1405000 7219377 0 0 0 0 484091 3527619 0 0 66144 752452 3591282 1236543 7118901 168457 100476 1107201 7190946 700457 6690553 406744 500393 X SEE SCHEDULE O 0 0 5489182 126155 A GREAT HEARTS LOUISIANA INC EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY. 5489182 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 2254167611 11801 BLUEBONNET BOULEVARD BATON ROUGE LA 70180 WADE DYKE CHAIRMAN 2.00 40.00 X X 0 337370 34627 ADONICA PELICHET DUGGAN VICE CHAIRWOMAN 2.00 X X 0 0 0 ERIN FRANCO DIRECTOR 2.00 X 0 0 0 TY GOSE DIRECTOR 2.00 X 0 0 0 DAVID WHIDDEN III SECRETARY 2.00 X X 0 0 0 ELISHA MCCARDELL DIRECTOR 2.00 X 0 0 0 KATHY VICTORIAN TREASURER 2.00 X X 0 0 0 SAMUEL J HEISMAN HEAD OF SCHOOL 40.00 X 0 129637 19727 0 467007 54354 0 0 1 0 0 4188904 2904318 7093222 FOOD SERVICE ACTIVITY 611710 52555 52555 CO-CURRICULAR REVENUE 611710 33805 33805 FEES - OTHER 611710 25060 25060 FEES - ATHLETICS 611710 8250 8250 FEES - NONATHLETICS 611710 6485 6485 126155 7219377 126155 0 0 129637 99133 28129 2375 2814423 2152182 610673 51568 34780 26203 7562 1015 322627 249299 67664 5664 226152 172291 49548 4313 101550 81245 20294 11 16995 13597 3396 2 9999 8000 1998 1 83924 67143 16772 9 542159 385493 156626 40 124218 27794 96424 90683 69324 21356 3 93421 72772 20649 33351 8301 25050 92867 72341 20526 41191 36131 5060 RENTALS 1402812 1092749 310063 MATERIALS AND SUPPLIES 280597 246120 34477 STUDENT TRANSPORTATION 243631 243631 REPAIRS AND MAINTENANCE 205469 160054 45415 228415 205379 21893 1143 7118901 5489182 1563575 66144 254721 562850 450000 323575 0 28127 71289 9939 375315 92867 320455 282448 10736 5984007 1107201 7190946 472671 284893 2942 8583 224844 6397077 700457 6690553 X 406744 500393 406744 500393 1107201 7190946 100476 -6827 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375315 92867 282448 282448 DEPOSITS 13986 OPERATING LEASES, NET 5970021 5984007 OPERATING LEASES, CURRENT 1231321 OPERATING LEASES, NET OF CURRENT 5132971 RELATED PARTY LOANS 32785 6397077 X 7219377 0 7219377 0 7219377 7118901 0 7118901 0 7118901 PART X, LINE 2: AS OF JUNE 30, 2024, GHLA BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS ENDED JUNE 30, 2021 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS A STRICT NON-DISCRIMINATION; HOWEVER, AS A CHARTER SCHOOL, IT IS NOT SUBJECT TO THE REQUIREMENTS OF TREASURY REVENUE PROCEDURE 75-50. 1975-2C.B.587. RATHER, THE SCHOOL PUBLICIZES ITS POLICIES BY WORD OF MOUTH AND ON THE WEBSITE, THE SCHOOL'S PRIMARY METHODS OF REACHING NEW STUDENTS. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECIEVES MONTHLY AID PAYMENTS FROM THE STATE OF LOUISIANA BASED ON THE NUMBER OF STUDENTS ENROLLED AND ATTENDING THE SCHOOL. THESE FUNDS ARE USED IN ACCORDANCE WITH THE REQUIREMENTS SET FORTH BY THE STATE OF LOUISIANA. IN ADDITION, GOVERNMENT GRANTS ARE ALSO RECEIVED BY THE SCHOOL. X X X X 0 0 0 0 0 0 0 0 0 WADE DYKE CHAIRMAN 0 337370 0 0 0 0 0 13734 0 20893 0 371997 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: A GREAT HEARTS LOUISIANA INC EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: A GREAT HEARTS LOUISIANA INC EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE SCHOOL IS GREAT HEARTS AMERICA, AN ORGANIZATION EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). FORM 990, PART VI, SECTION A, LINE 7A THE SCHOOL'S TAX EXEMPT SOLE MEMBER APPOINTS THE SCHOOL'S DIRECTORS, FILLS VACANCIES ON THE BOARD, AND MAY REMOVE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SCHOOL'S TAX-EXEMPT SOLE MEMBER RETAINS APPROVAL RIGHTS OVER KEY DECISIONS SUCH AS CHANGES TO THE SCHOOL'S BYLAWS, ARTICLES OF INCORPORATION, EDUCATIONAL PHILOSOPHY, AND SIGNIFICANT FINANCIAL EXPENDITURES (IN EXCESS OF $50,000). FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY WAS SENT TO THE RESPECTIVE BOARD MEMBERS BEFORE IT WAS FILED NOTING THE REVIEW THE CFO HAD COMPLETED REGARDING THE DOCUMENT. THE BOARD WAS GIVEN THE OPPORTUNITY TO ASK ANY QUESTIONS REGARDING THE DOCUMENT. AFTERWARDS, FILING COPIES ARE POSTED ON GREATHEARTS' WEBSITE, LOCATED AT HTTPS://LOUISIANA.GREATHEARTSAMERICA.ORG/GOVERNANCE FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ANNUALLY. OFFICERS AND ALL EMPLOYEES ARE REQUIRED TO SIGN THE EMPLOYEE HANDBOOK ANNUALLY. THE HANDBOOK INCLUDES A CONFLICT OF INTEREST FORM WHICH NEEDS TO BE COMPLETED AND SUBMITTED TO HUMAN RESOURVES IF A POTENTIAL CONFLICT OF INTEREST EXISTS. THESE DOCUMENTS ARE REVIEWED BY HUMAN RESOURCES AND ANY CONFLICTS ARE IDENTIFIED AND REPORTED TO THE AUDITORS AND THE BOARD TO MONITOR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS, EMPLOYEES AND FACULTY ARE DETERMINED BASED ON INDEPENDENT COMPENSATION STUDIES AND SALARIES OF COMPARABLE NON-PROFIT ORGANIZATIONS. THE BOARD APPROVES COMPENSATION FOR KEY STAFF. FORM 990, PART VI, SECTION C, LINE 19 990'S ARE AVAILABLE ON THE GREAT HEARTS WEBSITE AND OUR FORM 1023 IS AVAILABLE ON REQUEST. VARIOUS OTHER FINANCIAL AND COMPLIANCE RELATED ITEMS ARE POSTED ON THE GREAT HEARTS WEBSITE. THE LINK IS AS FOLLOWS: AT HTTPS://LOUISIANA.GREATHEARTSAMERICA.ORG/GOVERNANCE/ FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD. GREATHEARTS ARIZONA 4801 E WASHINGTON STREET SUITE 250 PHOENIX AZ 85034 202036133 EDUCATION AZ 501(C)(3) LINE 7 GH AMERICA 0 GREATHEARTS AMERICA 4801 E WASHINGTON STREET SUITE 250 PHOENIX AZ 85034 454306715 EDUCATION AZ 501(C)(3) LINE 7 N/A 0 GREATHEARTS TEXAS 4801 E WASHINGTON STREET SUITE 250 PHOENIX AZ 85034 431973126 EDUCATION TX 501(C)(3) LINE 2 GH AMERICA 0 THE GREATHEARTS FOUNDATION INC 4801 E WASHINGTON STREET SUITE 250 PHOENIX AZ 85034 823809856 SUPPORT AZ 501(C)(3) LINE 12A, I GH AMERICA 0 GREATHEARTS PROPERTIES LOUISIANA INC 4801 E WASHINGTON STREET SUITE 250 PHOENIX AZ 85034 872836576 SUPPORT LA 501(C)(3) LINE 12A, I GH AMERICA 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 GREAT HEARTS AMERICA Q 32785 CASH GREAT HEARTS AMERICA C 1171578 CASH GREAT HEARTS PROPERTIES LOUISIANA INC K 1005141 CASH