The Council For Quality Education
- Assets
- $6.1m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 122
- Location
- New Orleans, LA
- Founding
- 10/2006
- Data as of
- 06/2022
- EIN
- 20-4731962
Organization Overview
The Council For Quality Education is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Council For Quality Education employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Council For Quality Education 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 06/2022, Council For Quality Education generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $8.9m during the year ending 06/2022. While expenses have increased by 5.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAKE FOREST ELEMENTARY CHARTER SCHOOL IS ORGANIZED AND OPERATED FOR EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKE FOREST ELEMENTARY CHARTER SCHOOL'S PRIMARY PROGRAM SERVICE IS THE EDUCATION OF STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE. ENROLLMENT FOR 2021-2022 WAS 603. THE SCHOOL'S FOCAL POINT IS HIGH STUDENT ACHIEVEMENT, BY OFFERING A PROGRAM THAT INCLUDES RESEARCH-BASED CURRICULUM AND DATA DRIVEN INSTRUCTION. WITH CONSISTENT, INSTRUCTIONAL MONITORING AND MANAGEMENT, THE PROGRAM INSPIRES THE STUDENTS TO LOVE AND RESPECT LEARNING AT A HIGH LEVEL. WHILE PROVIDING A NURTURING ENVIRONMENT, THE SCHOOL IS ABLE TO FACILITATE MAXIMUM STUDENT ACHIEVEMENT THROUGH A RIGOROUS, ACCELERATED ACADEMIC PROGRAM INCORPORATING VISUAL, CULTURAL AND CREATIVE ARTS, WHICH WILL ULTIMATELY ENHANCE EACH STUDENT'S ABILITY TO BECOME A GLOBAL, CONTRIBUTING CITIZEN. (CONTINUED ON SCHEDULE O)IN ADDITION TO BEING RECOGNIZED AS AN A+, 5 STAR SCHOOL, THE SCHOOL HAS BEEN THE RECIPIENT OF MANY HONORS AND AWARDS, SUCH AS:- LSU AG CENTER - "2010 LOUISIANA SCHOOL OF CHARACTER" FOR THE COMMITMENT TO IMPLEMENTING A QUALITY CHARACTER EDUCATION INITATIVE AND HELPING DEVELOP GOOD CHARACTER.- 2009 AND 2016 NATIONAL TITLE 1 DISTINGUISHED SCHOOL FOR "EXCEPTIONAL STUDENT PERFORMANCE FOR CONSECUTIVE YEARS." THIS PROGRAM HONORS SCHOOLS ACROSS THE COUNTRY FOR THEIR INNOVATION IN HELPING TITLE I POPULATIONS ATTAIN HIGH STUDENT ACHIEVEMENTS.- 2013 RANKED ONE OF THE HIGHEST PERFORMING CHARTER SCHOOLS IN LOUISIANA BY U.S. SECRETARY OF EDUCATION, ARNE DUNCAN. - 2013 AND 2021 NATIONAL BLUE RIBBON SCHOOL FOR THE SCHOOLS "EXEMPLARY HIGH PERFORMING" IN WHICH SCHOOLS ARE RECOGNIZED AMONG ALL SCHOOLS IN THE UNITED STATES AS THE HIGHEST PERFORMING SCHOOLS MEASURED BY STATE ASSESSMENTS OR NATIONALLY-NORMED TESTS AS RANKED BY UNITED STATES SECRETARY OF EDUCATION. THE SCHOOL'S CEO RECEIVED THE TERRELL H. BELL AWARD FOR OUTSTANDING LEADERSHIP IN 2021 FROM UNITED STATES DEPARTMENT OF EDUCATION. - 2015-16 "A" AWARD OF TOP ACHIEVEMENT BY THE ORLEANS PARISH SCHOOL BOARD- 2016-17 "A" AWARD OF TOP ACHIEVEMENT BY THE ORLEANS PARISH SCHOOL BOARD- 2017-2018 "A" AWARD FOR TOP ACHIEVEMENT & "A" EXEMPLARY STUDENT GROWTH BY THE ORLEANS PARISH SCHOOL BOARD- 2015-16, 2016-17, 2017-18, 2018-19 RECEIVED AN AWARD FOR PARTNERSHIP WITH FITNOLA, PROMOTING PHYSICAL ACTIVITY AND IMPROVED NUTRITION- CONSISTENTLY RANKED AS THE HIGHEST PERFORMING K-8 SCHOOL IN THE STATE AND IN THE CITY OF NEW ORLEANS.- 2017 FIT NOLA PLATINUM AWARDTHE SCHOOL RECEIVED THE "A" AWARD FOR TOP ACHIEVEMENT, THE "A" EXEMPLARY STUDENT GROWTH AWARD, AND THE TOP GAINS HONOREE AWARD FOR THE FOLLOWING YEARS: 2015-2016, 2016-2017, 2017-2018, AND 2018-2019. 2018-2019 A STUDENT, LAUREN EJIAGA, WON THE $10,000 NATIONAL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) TALENT AWARD PRIZE. 2018-2019 RACHEL FRAZER, EIGHTH GRADE LOUISIANA STUDIES INSTRUCTIONAL LEADER, RECIPIENT OF THE NEW ORLEANS EXCELLENCE IN TEACHING AWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Windi Brown Smith Director | Trustee | 4 | $0 |
Kathelyn Courseault Director | Trustee | 4 | $0 |
Leila Eames Director | Trustee | 4 | $0 |
Denise Williams Director | Trustee | 4 | $0 |
Enix Smith III Director | Trustee | 4 | $0 |
Gina Dupart President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Voa Food Service Provider For Students And S | 6/29/21 | $167,986 |
Howard Technology Vendor For Purchasing Chromebooks | 6/29/21 | $131,538 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,132 |
| Related organizations | $0 |
| Government grants | $7,805,362 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,385 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,871,879 |
| Total Program Service Revenue | $118,451 |
| Investment income | $22,002 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,825 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,071,157 |
| 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. | $317,756 |
| Compensation of current officers, directors, key employees. | $317,756 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,812,609 |
| Pension plan accruals and contributions | $1,100,668 |
| Other employee benefits | $480,083 |
| Payroll taxes | $121,893 |
| Fees for services: Management | $9,701 |
| Fees for services: Legal | $4,982 |
| Fees for services: Accounting | $24,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $314,592 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $67,894 |
| Royalties | $0 |
| Occupancy | $206,668 |
| Travel | $6,316 |
| 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 | $58,354 |
| Insurance | $206,847 |
| All other expenses | $264,794 |
| Total functional expenses | $8,935,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,791,181 |
| Savings and temporary cash investments | $2,493,308 |
| Pledges and grants receivable | $12,623 |
| Accounts receivable, net | $6,387 |
| 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 | $41,286 |
| Net Land, buildings, and equipment | $710,735 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,055,520 |
| Accounts payable and accrued expenses | $179,532 |
| Grants payable | $0 |
| Deferred revenue | $43,955 |
| 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 | $223,487 |
| Net assets without donor restrictions | $5,817,033 |
| Net assets with donor restrictions | $15,000 |
| 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 | $6,055,520 |