Geo Prep At Mid-City Inc
- Assets
- $3.2m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 147
- Location
- Baton Rouge, LA
- Founding
- 09/2018
- Data as of
- 06/2021
- EIN
- 82-1340278
Organization Overview
Geo Prep At Mid-City Inc is located in Baton Rouge, LA. The organization was established in 2018. 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, Geo Prep At Mid-City Inc employed 147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geo Prep At Mid-City Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BEATING POVERTY THROUGH QUALITY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISH, EQUIP AND MAINTAIN A CHARTER SCHOOL FOR GRADES K-8 (677 STUDENTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Johnson Board Chair | OfficerTrustee | 1 | $0 |
Debra Dixon Board Member | OfficerTrustee | 1 | $0 |
Dr Daisy Slan Board Member | OfficerTrustee | 1 | $0 |
Lt Robert Mcgarner Board Member | Trustee | 1 | $0 |
Dr Tamiara Wade Board Member | Trustee | 1 | $0 |
Linda Fontenot Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Johnathan Hage Red Apple Development Renting School Facility | 6/29/21 | $1,180,648 |
Geo Foundation Administration | 6/29/21 | $896,892 |
Riverside Technologies Technology | 6/29/21 | $211,800 |
Chartwells Dining Service School Meals | 6/29/21 | $328,890 |
Robillard's Llc Cleaning And Maintenance | 6/29/21 | $179,747 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,478,116 |
| 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 | $9,478,116 |
| Total Program Service Revenue | $331 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,727 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,566,814 |
| 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. | $96,470 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,122,224 |
| Pension plan accruals and contributions | $113,584 |
| Other employee benefits | $808,779 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,859 |
| Fees for services: Accounting | $27,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,307,475 |
| Advertising and promotion | $31,108 |
| Office expenses | $431,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,413,231 |
| Travel | $0 |
| 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 | $169,107 |
| Insurance | $75,115 |
| All other expenses | $139 |
| Total functional expenses | $9,607,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,547,674 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $158,286 |
| Accounts receivable, net | $54,481 |
| 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 | $137,878 |
| Net Land, buildings, and equipment | $344,444 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,242,763 |
| Accounts payable and accrued expenses | $637,689 |
| 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 | $570,882 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,702 |
| Total liabilities | $1,231,273 |
| Net assets without donor restrictions | $2,011,490 |
| 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 | $3,242,763 |
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Legacy21 Inc Mesquite, TX | $40,270,776 | $19,212,915 |
International Academy Williamson County Round Rock, TX | $33,542,303 | $17,313,740 |
South Louisiana Charter Foundation Inc Baton Rouge, LA | $21,098,630 | $17,110,169 |
Morris Jeff Community School New Orleans, LA | $5,535,424 | $16,539,603 |
Young Audiences Charter Association Gretna, LA | $6,537,878 | $17,122,666 |
New Orleans Military And Maritime Academy Inc New Orleans, LA | $24,580,982 | $15,429,354 |
Shreveport Charter Schools Inc Shreveport, LA | $6,808,149 | $15,366,489 |
Warren Easton Sr High School Foundation Inc New Orleans, LA | $11,574,185 | $12,571,642 |
The Friends Of King School New Orleans, LA | $5,901,929 | $9,680,665 |