2025-03-24T08:25:08-07:00 2024-06-30 721161458 DAIGREPONT & BRIAN A PROF ACCT CORP 910 S ACADIAN THRUWAY BATON ROUGE LA 70806 990 2023-07-01 473252454 Prescott Area Childrens Education Organization PRES 2253722037 4055 Prescott Rd Baton Rouge LA 70805 D'Andra Odom Chair 2025-03-24 true true John M Goodwin CPA P02148628 2259273760 2023 2025-03-06 01:10:19Z D'Andra Odom 4055 Prescott Rd Baton Rouge LA 70805 58 false X N/A X 2013 LA To educate responsible citizen-scholars for success in the college of their choice and a life of active citizenship. 5 5 0 0 4042271 0 6241281 0 -500290 5 53 9783262 58 0 0 5117451 20864 0 0 5291582 684112 10409033 704976 -625771 -704918 3556077 1557686 1549893 200757 2006184 1356929 X To educate responsible citizen-scholars for success in the college of their choice and a life of active citizenship. false true PUBLIC CHARTER SCHOOL true false false false false false false false false false false false false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false true false false false true true false false true false false false false X Democracy Prep Public Schools 7024870460 1767 Park Avenue 3rd Floor New York NY 10035 X D'Andra Odom Chair 0.00 0.00 X X 0 0 0 Emily Campbell Member 0.00 0.00 X 0 0 0 Amy Cable Member 0.00 0.00 X 0 0 0 Terrence Howard Member 0.00 0.00 X 0 0 0 Jake Henry Member 0.00 0.00 X 0 0 0 0 false false false 0 0 Minimum Foundation Progra 0 5 5 0 0 0 0 0 0 0 Unemployment Tax Refund 611110 53 53 53 58 58 X 0 0 0 0 0 0 20864 20864 0 0 0 0 116279 116279 39000 39000 0 0 0 449853 449853 0 1691 1691 2487 2487 0 17129 17129 0 0 0 0 0 0 30393 30393 Special Assemblies 20520 20520 Postage and Shipping 2335 2335 Equipment Lease 1804 1804 Storage 1348 1348 1273 1273 704976 0 704976 0 2287741 1454686 0 0 1253567 0 0 0 0 0 14769 103000 0 0 0 0 0 0 3556077 1557686 856321 693572 200757 1549893 200757 X 2006184 1356929 2006184 1356929 3556077 1557686 X -704918 55663 X false true X true false X Due to IRS 200757 200757 X 50996 50991 50991 5 53 53 58 700251 700251 4725 4725 704976 Part X : FIN48 Footnote The School accounts for income taxes in accordance with FASB ASC 740-10, Accounting for Uncertainty in Income Taxes. Management believes it has no material uncertain tax positions and, accordingly has not recognized a liability for any unrecognized tax benefits. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Prior period retirement accrual reversal $50991 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Refunded amounts included in expenses $53 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Prior period accrual reversals $4672 Refunded amounts included in expenses $53 true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Our application for enrollment prominently displays the following text at the top of the front page - "Democracy Prep strongly encourages a diverse community of students and families and does not discriminate against or limit the admission of any student on any unlawful basis, including on the basis of ethnicity, national origin, gender, disability, intellectual ability, measures of achievement or aptitude, athletic ability, race, creed, religion or ancestry." Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency DURING THE FISCAL YEAR, DEMOCRACY PREP LOUISIANA RECEIVED LOCAL, STATE AND FEDERAL FUNDING UNDER A VARIETY OF PROGRAMS. Form 990, Part III, Line 3 Prescott Area Children's Education Organization (the Organization) f/k/a Democracy Prep Louisiana Charter Organization was incorporated on August 12, 2013 as a non-profit corporation under the laws of the State of Louisiana. The Organization operated under a Type 5 charter of the Louisiana Board of Elementary and Secondary Education (BESE) that expired on June 30, 2023.The Organization's charter was not renewed and closed effective June 30, 2023. The Organization is in the process of dissolving. Form 990, Part VI, Section B, Line 11b THE PRESIDENT AND SECRETARY/ TREASURER ARE PRESENTED WITH A COPY OF THE FILING FOR REVIEW. THE 990 IS MADE AVAILABLE TO THE OTHER BOARD MEMBERS UPON REQUEST. Form 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Prior period accrued expense reversals = $55663 Form 990, Part XI, Line 9 During the tax year, the Organization reversed certain expense accruals from prior years. These reversals relate to previously accrued liabilities (such as payroll, professional fees, and other operating expenses) that were determined to be unnecessary following the closure of the school. Because no current period expenses exist to offset these reversals, the negative amounts have been reported as an Other Change in Net Assets on Form 990, Part XI, Line 9. This adjustment serves to correct historical estimates in light of the schools closure and does not represent new revenue.