Form 990 for tax year 2023
Filed by HYNES CHARTER SCHOOL CORPORATION.
Totals
- Total revenue
- $28,259,649
- Total expenses
- $21,824,883
- Contributions and grants received
- $26,944,712
- Grants paid
- $75,000
- Program service revenue
- $763,847
- Investment income
- $536,628
- Other revenue
- $14,462
- Total assets, end of year
- $22,619,797
- Total liabilities, end of year
- $3,274,334
- Net assets or fund balances, end of year
- $19,345,463
- Program services expenses (Part IX)
- $19,274,972
- Management and general expenses
- $2,522,139
- Fundraising expenses
- $27,772
- Program service expenses (Part III)
- $19,274,972
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$26,836,170
-
1f · All other contributions, gifts and grants
$108,542
-
2a · Program service revenue: STUDENT FEES
total $739,494 · related or exempt $739,494
-
2b · Program service revenue: OTHER INCOME
total $24,353 · related or exempt $24,353
-
3 · Investment income
total $536,628 · excluded $536,628
-
11a · Other revenue: MISCELLANEOUS INCOME
total $14,462 · excluded $14,462
-
11e · Other revenue, total
$14,462
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $75,000 · program services $75,000
-
5 · Compensation of officers, directors and key employees
total $726,257 · program services $616,609 · management and general $88,216 · fundraising $21,432
-
7 · Other salaries and wages
total $9,984,667 · program services $8,734,986 · management and general $1,249,681
-
8 · Pension plan contributions
total $2,604,120 · program services $2,135,393 · management and general $463,577 · fundraising $5,150
-
9 · Other employee benefits
total $1,281,273 · program services $1,056,087 · management and general $224,303 · fundraising $883
-
10 · Payroll taxes
total $198,182 · program services $164,962 · management and general $32,913 · fundraising $307
-
11b · Fees: legal
total $32,115 · management and general $32,115
-
11c · Fees: accounting
total $30,575 · management and general $30,575
-
11f · Fees: investment management
total $3,816 · management and general $3,816
-
11g · Fees: other
total $1,459,118 · program services $1,386,000 · management and general $73,118
-
12 · Advertising and promotion
total $13,395 · management and general $13,395
-
14 · Information technology
total $392,478 · program services $382,881 · management and general $9,597
-
16 · Occupancy
total $477,405 · program services $429,664 · management and general $47,741
-
17 · Travel
total $149,664 · program services $132,968 · management and general $16,696
-
22 · Depreciation, depletion and amortization
total $34,387 · program services $30,948 · management and general $3,439
-
23 · Insurance
total $467,276 · program services $420,548 · management and general $46,728
-
24a · Other expenses: MATERIALS & SUPPLIES
total $1,918,052 · program services $1,893,923 · management and general $24,129
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $729,941 · program services $656,947 · management and general $72,994
-
24c · Other expenses: TRANSPORTATION
total $665,258 · program services $665,258
-
24d · Other expenses: TEXTBOOKS
total $196,633 · program services $196,633
-
24e · All other expenses
total $385,271 · program services $296,165 · management and general $89,106
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,419,823 · end of year $10,496,861
-
3 · Pledges and grants receivable
beginning of year $2,607,977 · end of year $796,891
-
8 · Inventories for sale or use
beginning of year $154,339 · end of year $68,512
-
9 · Prepaid expenses and deferred charges
beginning of year $56,802 · end of year $38,102
-
10a · Land, buildings and equipment: cost or other basis
$984,445
-
10b · Land, buildings and equipment: accumulated depreciation
$119,440
-
10c · Land, buildings and equipment, net
beginning of year $142,507 · end of year $865,005
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $126,142
-
12 · Investments: other securities
beginning of year $0 · end of year $10,210,884
-
15 · Other assets
beginning of year $17,400 · end of year $17,400
-
17 · Accounts payable and accrued expenses
beginning of year $1,407,320 · end of year $3,118,085
-
19 · Deferred revenue
beginning of year $150,305 · end of year $156,249
-
27 · Net assets without donor restrictions
beginning of year $12,810,561 · end of year $19,339,801
-
28 · Net assets with donor restrictions
beginning of year $30,662 · end of year $5,662
Mission and programs · 2023
Mission
PUBLIC SCHOOL EDUCATIONAL INSTITUTION
Activities or mission (Part I)
PUBLIC SCHOOL EDUCATIONAL INSTITUTION.
-
ELEMENTARY EDUCATION PROMOTING LIFELONG LEARNING WITH THE COOPERATION OF FAMILIES AND THE COMMUNITY. HYNES PROVIDES QUALITY EDUCATION, SHAPING LEADERS FOR A CHANGING WORLD.
Expenses $19,274,972 · Grants $75,000 · Revenue $763,847
As filed on the 2023 return.
Listed in Part VII
-
Alvin C Miester IIIALVIN C MIESTER III
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Barbara RichardBARBARA RICHARD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Kris ScaironoKRIS SCAIRONO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jan JanzJAN JANZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Helene J DerbignyHELENE J DERBIGNY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cassandra YoumansCASSANDRA YOUMANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William P ChauvinWILLIAM P CHAUVIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle DouglasMICHELLE DOUGLAS
CEO
- Total calculated
- $279,664
- From this org
- $208,207
- From related orgs
- $0
- Other
- $71,457
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $208,207
- Bonus
- $0
- Other
- $0
- Deferred
- $51,672
- Nontaxable benefits
- $19,785
- Filer's total
- $279,664
-
Shawn R PersickSHAWN R PERSICK
COO
- Total calculated
- $178,800
- From this org
- $137,739
- From related orgs
- $0
- Other
- $41,061
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $137,739
- Bonus
- $0
- Other
- $0
- Deferred
- $34,136
- Nontaxable benefits
- $6,925
- Filer's total
- $178,800
-
Leon MathesLEON MATHES
CFO
- Total calculated
- $179,671
- From this org
- $135,892
- From related orgs
- $0
- Other
- $43,779
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $135,892
- Bonus
- $0
- Other
- $0
- Deferred
- $35,418
- Nontaxable benefits
- $8,361
- Filer's total
- $179,671
-
Anne KramerANNE KRAMER
CHIEF ACADEMIC OFFICER
- Total calculated
- $157,551
- From this org
- $118,654
- From related orgs
- $0
- Other
- $38,897
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $118,654
- Bonus
- $0
- Other
- $0
- Deferred
- $30,879
- Nontaxable benefits
- $8,018
- Filer's total
- $157,551
-
Jeannine LafontaJEANNINE LAFONTA
CHIEF STUDENT SERVICES OFF
- Total calculated
- $146,281
- From this org
- $111,432
- From related orgs
- $0
- Other
- $34,849
- Hours/week
- 44
-
John StarrJOHN STARR
DIRECTOR OF INNOVATION AND STRATEGY
- Total calculated
- $139,777
- From this org
- $106,427
- From related orgs
- $0
- Other
- $33,350
- Hours/week
- 44
-
Terri WilliamsTERRI WILLIAMS
PRINCIPAL - HYNES PARKVIEW
- Total calculated
- $161,302
- From this org
- $121,605
- From related orgs
- $0
- Other
- $39,697
- Hours/week
- 44
Schedule J breakdown matched by us
- Base
- $121,605
- Bonus
- $0
- Other
- $0
- Deferred
- $31,545
- Nontaxable benefits
- $8,152
- Filer's total
- $161,302
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$75,000
CONSTRUCTION OF NEW CAMPUS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ORLEANS PARISH SCHOOL BOARD
PARISH SCHOOL BOARD · LA
-
501(C)(3) · SUPPORTING ORGANIZATION · LA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540169349300524
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