Shreveport Charter Schools Inc
- Assets
- $6.8m
- Revenue
- $15.4m
- Investments
- $0.0
- Employees
- 191
- Location
- Shreveport, LA
- Founding
- 09/2010
- Data as of
- 06/2021
- EIN
- 26-4132657
Organization Overview
Shreveport Charter Schools Inc is located in Shreveport, LA. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Shreveport Charter Schools Inc employed 191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shreveport Charter Schools Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Shreveport Charter Schools Inc generated $15.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $13.7m during the year ending 06/2021. While expenses have increased by 12.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TOP QUALITY EDUCATION TO A HIGHLY DIVERSE STUDENT BODY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARE STUDENTS FOR COLLEGE, EQUIP STUDENTS WITH DESIRE FOR LIFELONG LEARNING, AND STRENGTHEN THEIR CIVIC, ETHICAL, AND MORAL VALUES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Staughton Jennings School Director | Trustee | 40 | $132,835 |
Gard Wayt President | OfficerTrustee | 2 | $0 |
Travis H Morehart Treasurer | OfficerTrustee | 2 | $0 |
Dr Kerry Laster Board Member | Trustee | 2 | $0 |
Lori Graham Board Member | Trustee | 2 | $0 |
Lauren Marchive Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bch Services Group | 6/29/20 | $805,494 |
4th Sector Solutions Inc | 6/29/20 | $225,738 |
Edusolve Consultants Llc | 6/29/20 | $108,000 |
Sla Management | 6/29/20 | $592,022 |
Caddo Parish School Board | 6/29/20 | $287,549 |
Edusolve Consultants Llc | 6/29/20 | $108,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,859,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,859,778 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $1,878 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,366,489 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,078,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $843,997 |
| Payroll taxes | $622,928 |
| Fees for services: Management | $230,715 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $851,828 |
| Advertising and promotion | $58,449 |
| Office expenses | $21,383 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $237,147 |
| Travel | $20,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $247,149 |
| Insurance | $124,315 |
| All other expenses | $229,537 |
| Total functional expenses | $13,742,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,953,019 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,779,087 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,323 |
| Net Land, buildings, and equipment | $1,062,720 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,808,149 |
| Accounts payable and accrued expenses | $775,675 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $775,675 |
| Net assets without donor restrictions | $6,032,474 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,808,149 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shreveport Charter Schools Inc has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Share Our Strength Washington, DC PURPOSE: CHILDHOOD HUNGER PROGRAMS | $32,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Collegiate Academies New Orleans, LA | $15,386,568 | $45,139,366 |
Renew-Reinventing Education New Orleans, LA | $11,254,190 | $34,978,044 |
Foundation For Louisiana Students Baton Rouge, LA | $21,702,876 | $38,265,312 |
East Texas Advanced Academies Longview, TX | $2,379,457 | $32,700,344 |
Basis Texas Charter Schools Inc San Antonio, TX | $92,451,409 | $31,933,223 |
Discovery Health Sciences Foundation Inc Kenner, LA | $11,194,982 | $30,168,997 |
Arkansas Virtual Academy Little Rock, AR | $3,075,159 | $27,721,037 |
Algiers Charter School Association Inc New Orleans, LA | $11,545,116 | $21,416,188 |
Einstein Group New Orleans, LA | $9,740,028 | $21,533,973 |
Golden Rule Schools Inc Desto, TX | $72,016,277 | $20,883,674 |
Advocates For Arts Based Educationinc New Orleans, LA | $25,052,581 | $22,710,552 |
Lighthouse Academies Of Arkansas Inc North Little Rock, AR | $582,799 | $18,301,867 |