Lycee Francais De La Nouvelle Orleans
- Assets
- $10.5m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 210
- Location
- New Orleans, LA
- Founding
- 08/2011
- Data as of
- 06/2021
- EIN
- 80-0502031
Organization Overview
Lycee Francais De La Nouvelle Orleans is located in New Orleans, LA. The organization was established in 2011. 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, Lycee Francais DE LA Nouvelle Orleans employed 210 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lycee Francais DE LA Nouvelle Orleans 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, Lycee Francais DE LA Nouvelle Orleans generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $12.5m 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 FREE, PUBLIC FRENCH IMMERSION EDUCATION AND PREPARE STUDENTS TO MATRICULATE IN THE FINEST COLLEGES OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINDERGARTEN, ELEMENTARY AND HIGH SCHOOL - FULL TIME FRENCH IMMERSION PROGRAM FOR APPROXIMATELY 1,132 STUDENTS, TAUGHT IN ACCORDANCE WITH THE CURRICULUM AND STANDARDS ESTABLISHED BY THE FRENCH NATIONAL MINISTRY OF EDUCATION AND THE LOUISIANA CURRICULUM STANDARDS.
SPECIAL EDUCATION AND INTERVENTION: PROVIDING SPECIAL EDUCATION AND INTERVENTION FOR STUDENTS WITH EXCEPTIONALITIES.
PREKINDERGARTEN - FULL TIME FRENCH IMMERSION PROGRAM FOR APPROXIMATELY 80 FOUR YEAR OLD STUDENTS TAUGHT IN ACCORDANCE WITH THE CURRICULUM AND STANDARDS FROM THE LOUISIANA DEPARTMENT OF EDUCATION AND BY THE FRENCH MINISTRY OF EDUCATION.
AFTERCARE- AFTERCARE IS AFTERSCHOOL CARE FOR WORKING FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marina Schoen CEO (thru 06/2021) | Officer | 40 | $136,000 |
Jessica Aris Director Of Hr/interim CFO (thru 01/2021) | Officer | 40 | $96,147 |
Keeanya Chenier CFO | Officer | 40 | $10,231 |
Matthew Moreland Chair | OfficerTrustee | 1 | $0 |
Caroline Bordelon Vice Chair | OfficerTrustee | 1 | $0 |
Lauren Knight Seretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pigeon Caterers Cafeteria Services | 6/29/21 | $183,065 |
Hammond's Transportation Transportation | 6/29/21 | $127,670 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $13,072,131 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,478,399 |
| Total Program Service Revenue | $145,928 |
| Investment income | $59,749 |
| Tax Exempt Bond Proceeds | $0 |
| 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 | $13,713,620 |
| 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. | $275,747 |
| Compensation of current officers, directors, key employees. | $275,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,836,519 |
| Pension plan accruals and contributions | $239,397 |
| Other employee benefits | $467,406 |
| Payroll taxes | $563,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $116,893 |
| Fees for services: Accounting | $46,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $729,080 |
| Advertising and promotion | $2,628 |
| Office expenses | $97,141 |
| Information technology | $220,166 |
| Royalties | $0 |
| Occupancy | $819,380 |
| Travel | $4,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $154,880 |
| Insurance | $189,470 |
| All other expenses | $0 |
| Total functional expenses | $12,497,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,174 |
| Savings and temporary cash investments | $6,024,412 |
| Pledges and grants receivable | $485,852 |
| 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 | $0 |
| Net Land, buildings, and equipment | $243,184 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,686,442 |
| Intangible assets | $0 |
| Other assets | $1,072,625 |
| Total assets | $10,513,689 |
| Accounts payable and accrued expenses | $959,040 |
| 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 | $1,611,300 |
| Other liabilities | $250,595 |
| Total liabilities | $2,820,935 |
| Net assets without donor restrictions | $7,387,754 |
| Net assets with donor restrictions | $305,000 |
| 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 | $10,513,689 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lycee Francais De La Nouvelle Orleans has recieved totaling $219,176.
| Awarding Organization | Amount |
|---|---|
Charter Fund Inc Broomfield, CO PURPOSE: CHARTER SCHOOL GROWTH | $200,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $14,908 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $4,268 |
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 |