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Lafayette Charter Foundation

Lafayette, LA · EIN 46-1200082 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Lafayette Charter Foundation reported $79.3 million in revenue and $82.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $62.08 went to program services, $37.92 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.5% of the total. Government grants made up 97.4%. The highest compensation it reported for one person was $136,492 (HEAD OF SCHOOL). 5 people received more than $100,000 in reportable compensation. Revenue rose 288% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $82M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $79M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
62.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
37.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
97.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$136,492$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.17%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.413.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$31M expenses · 61.1% of program spending · revenue $1.2M

The acadania programs/activities include general education for the instruction of students, transportation including bus services for students and administration

$20M expenses · 38.9% of program spending · revenue $171K

The lafayette programs/activities include general education for the instruction of students, transportation including bus services for students and administration

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Highest compensated employee, 40.00 hrs/week
$136,492$0$0$136,492
HEAD OF SCHOOL
Highest compensated employee, 40.00 hrs/week
$133,081$0$0$133,081
FELLOW PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$128,121$0$0$128,121
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$117,414$0$0$117,414
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$109,667$0$0$109,667

5 people received more than $100,000 in reportable compensation from Lafayette Charter Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$79M$82M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$79M$82M62.1%−$9.4M$136,492
FY2024 ⓘ$62M$63M80.8%−$6.5M$139,389
FY2023 ⓘ$44M$43M74.4%−$5.4M—
FY2022 ⓘ$34M$34M73.4%−$3.6M—
FY2021 ⓘ$27M$26M71.2%−$3.7M—
FY2020 ⓘ$20M$21M72.2%−$4.8M—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5480
  • Volunteers Part I, line 6858

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHARTER SCHOOLS USA
Intercompany charges
$10,387,851
CHARTER SCHOOLS USA
Management fees
$5,544,589
BLENDED & ONLINE SCH SOLUTIONS LLC
Virtual & blended education support
$3,672,889
DS BUS SOUTH LLC
Student transportation
$2,374,511
SLA MANAGEMENT INC
Student meals
$1,306,679

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Lafayette Charter Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lafayette Charter Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Louisiana

Questions people ask

How much of Lafayette Charter Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Lafayette Charter Foundation reported that 62.1% of its $82.2 million in expenses went to program services, 37.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Lafayette Charter Foundation pay its top executive?

The largest total compensation Lafayette Charter Foundation reported for one person in the fiscal year ending June 30, 2025 was $136,492, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lafayette Charter Foundation get its money?

Of $79.3 million in revenue in the fiscal year ending June 30, 2025, 97.5% came from contributions and grants (including 97.4% from government grants) and 1.7% from program service revenue (Form 990, Part VIII).

Is Lafayette Charter Foundation a registered charity?

The IRS lists EIN 46-1200082 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349306768 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349305057 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349313886 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301399349301225 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349306701 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141339349304689 · read the filing

All filings for EIN 46-1200082: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.