South Louisiana Charter Academy Foundation Inc

Nonprofit profile at a glance

EIN
460656134
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Baton Rouge, LA, USA
Phone
2259999999
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$24,542,470
Expenses
$23,197,259
Assets
$18,473,570
Liabilities
$21,798,504

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JOHN PIERRE (PRESIDENT)
  • EDMOND JORDAN (VICE PRESIDENT)

People named in this filing

  • JOHN PIERRE (PRESIDENT)
  • EDMOND JORDAN (VICE PRESIDENT)
  • ACHILLES WILLIAMS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This nonprofit corporation is organized & shall be operated exclusively for the following purposes: improve pupil learning &, in general, the public school system; increase learning opportunities & access to quality education for pupils; increase learning opportunity choices for parents & students; encourage the use of different & innovative teaching methods and a variety of governance, management, & administrative structures; require appropriate assessment & measurement of academic learning results; account better & more thoroughly for educational results; create new professional opportunities for teachers and other school employees, including the opportunity to be responsible for the learning program at the school site; provide competition within the public school system in order to stimulate continued improvement in all public schools; to provide a strong educational environment based upon the charter school structure to effectively & efficiently educate students in south la.

What it reported doing in 2024

The foundation operates south baton rouge charter academy, a tuition-free public charter school that will educate elementary and middle school students in east baton rouge parish, Louisiana.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 73.7%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.5%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 1.18; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 73.7% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $17.1M in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Highest-paid contractors: 4 contractors listed · $15.2M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.