2025-03-26T20:25:38-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 464907729 LAUREATE ACADEMY INC LAUR 5045030170 2115 OAKMERE DRIVE HARVEY LA 70058 CLAIRE HECKERMAN HEAD OF SCHOOL 5045030170 2025-03-24 1 1 DERRICK DEBRUYNE CPA P00591016 6268577300 2025-03-24 2023 2025-03-06 01:10:19Z CLAIRE HECKERMAN 2115 OAKMERE DRIVE HARVEY LA 70058 7675719 0 X WWW.LAUREATECHARTER.ORG X 2014 LA PREPARING STUDENTS IN GRADES K-8 WITH THE ACADEMIC SKILLS AND CHARACTER FOR SCHOOL AND LIFE SUCCESS. 7 6 80 62 0 0 6840282 7581602 0 0 13578 66962 6049 27155 6859909 7675719 0 0 0 0 3507025 3828150 0 0 0 2448221 2613612 5955246 6441762 904663 1233957 4913941 5792818 591856 236776 4322085 5556042 X LAUREATE ACADEMY CHARTER SCHOOL IS AN APPROVED K-8 TUITION-FREE AND OPEN ENROLLMENT CHARTER SCHOOL. THE ACADEMY SERVES ALL STUDENTS INCLUDING STUDENTS WITH LIMITED ENGLISH PROFICIENCY AND STUDENTS WITH SPECIAL NEEDS AND SEEKS TO EQUIP ALL STUDENTS WITH THE ACADEMIC SKILLS, MINDSETS, AND HABITS FOR LONG-TERM SUCCESS. LAUREATE ACADEMY SERVED APPROXIMATELY 360 STUDENTS IN GRADES K-5. 0 0 4712198 0 2069 LAUREATE ACADEMY CHARTER SCHOOL IS AN APPROVED K-8 TUITION-FREE AND OPEN ENROLLMENT CHARTER SCHOOL. THE ACADEMY SERVES ALL STUDENTS INCLUDING STUDENTS WITH LIMITED ENGLISH PROFICIENCY AND STUDENTS WITH SPECIAL NEEDS AND SEEKS TO EQUIP ALL STUDENTS WITH THE ACADEMIC SKILLS, MINDSETS, AND HABITS FOR LONG-TERM SUCCESS. LAUREATE ACADEMY SERVED APPROXIMATELY 530 STUDENTS IN GRADES KINDERGARTEN THROUGH 8TH GRADE. 4712198 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 32 0 1 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 1 0 X ERON JENKINS 5045030170 2115 OAKMERE DRIVE HARVEY LA 70058 CLAIRE HECKERMAN HEAD OF SCHOOL 50.00 X 133687 0 7179 JORDAN WHITTENBURG VICE CHAIR 2.00 X X 0 0 0 JAKE KRUPA TREASURER 2.00 X X 0 0 0 JAIME BEHEN SECRETARY 2.00 X X 0 0 0 TOYANE FAULKNER DIRECTOR 2.00 X 0 0 0 MONIQUE HARDY DIRECTOR 2.00 X 0 0 0 JAHQUILLE ROSS DIRECTOR 2.00 X 0 0 0 CAITLYN SCALES DIRECTOR 2.00 X 0 0 0 133687 0 7179 1 0 0 0 0 7581301 301 7581602 66962 66962 MISC LOCAL INCOME 611710 27155 2069 25086 27155 7675719 2069 0 92048 X 149987 74994 74993 3050255 2280737 769518 44485 33626 10859 343471 255671 87800 239952 176880 63072 5825 5825 154006 154006 1097996 960726 137270 245 245 151738 151738 69033 65581 3452 456986 434137 22849 1678 1678 195318 186226 9092 97992 97992 INSTRUCTIONAL MATERIALS 241942 241942 MFP ADMIN FEE 123316 123316 DUES AND FEES - ADMIN 11937 11937 OTHER BUILDING SERVICES 3793 3793 1807 1807 6441762 4712198 1729564 0 2573176 3817160 596931 532613 88217 63519 1798183 593585 1336124 1204598 319493 174928 4913941 5792818 295503 84988 296353 151788 591856 236776 X 4322085 5556042 4322085 5556042 4913941 5792818 1233957 0 X X 0 1 X 1 1 1 X 1415098 466435 948663 251971 107004 144967 131114 20146 110968 1204598 CURRENT LEASE LIABILITY 151788 151788 X 7675719 0 7675719 0 7675719 6441762 0 6441762 0 6441762 PART X, LINE 2: THE SCHOOL IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE CHARTER HAS THESE POLICIES IN ITS CHARTER WITH THE STATE. SCHEDULE E, PART I, LINE 4 PUBLIC CHARTER SCHOOL DOES NOT AWARD SCHOLARSHIPS SCHEDULE E, PART I, LINE 6 THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL PRINCIPALY FUNDED BY LOCAL AND FEDERAL MONIES RECEIVED THROUGH THE LOUISIANA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY. STATEMENTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR FOR CONFLICTS. THE EXECUTIVE DIRECTOR MONTIORS ACTIVITIES THROUGHOUT THE SCHOOL YEAR. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED BY THE BOARD ANNUALLY THROUGH COMPARISON OF SIMILARLY SIZED SCHOOLS IN THE AREA. THE BOARD REVIEW IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 466,536. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 466,536. FEES FOR SERVICES- OTHER: PROGRAM SERVICE EXPENSES 494,190. MANAGEMENT AND GENERAL EXPENSES 137,270. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 631,460. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.