DARBONNE WOODS CHARTER SCHOOL INC

EIN: 204924322 501(c)(3) Education

FARMERVILLE, LA

Total Revenue
$15,022,042
Total Expenses
$12,577,656
Total Assets
$33,832,246
Net Assets
$11,452,611
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
LA
Principal Officer
DOUG POSTEL
Phone
3183688051
Tax Period
2022-07-01 to 2023-06-30

DARBONNE WOODS CHARTER SCHOOL INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $10.7M in total revenue in fiscal year 2017. Expenses of $9.6M left a modest 11% surplus.

Mission

D'ARBONNE WOODS CHARTER SCHOOL IS DEDICATED TO PROVIDING ALL CHILDREN WITH A MEANINGFUL AND ENGAGING EDUCATIONAL EXPERIENCE. EACH CHILD'S POTENTIAL WILL BE ACHIEVED BY ENABLING THEM TO READ, WRITE, PARTICIPATE AND EXPLORE. D'ARBONNE WOODS OPERATES A TYPE 2 CHARTER SCHOOL UNDER THE PROVISIONS OF THE LOUISIANA CHARTER SCHOOL LAW AND A CHARTER CONTRACT WITH THE LOUISIANA BOARD OF SECONDARY AND ELEMENTARY EDUCATION. THE SCHOOL IS LOCATED IN UNION PARISH, LOUISIANA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $237,514
Program Service Revenue $14,719,624
Investment Income $64,904
Other Revenue $0
TOTAL REVENUE $15,022,042

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,855,906
Fundraising Expenses $50,926
Program Expenses $11,371,937
Other Expenses $4,721,750
TOTAL EXPENSES $12,577,656

Year-over-Year Comparison

2022 2021 Change
Revenue $15,022,042 $13,820,246 +0.1%
Expenses $12,577,656 $11,976,542 +0.1%
Net Income $2,444,386 $1,843,704 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
168
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN MARIE ANDERSON SECRETARY/TR N/A
Officer Director
$0 $0 $0
MARY BARRIOS BOARD MEMBER N/A
Director
$0 $0 $0
ANDY HUDSON BOARD MEMBER N/A
Director
$0 $0 $0
DENISE MCCLENDON BOARD MEMBER N/A
Director
$0 $0 $0
KIM NEESE PRESIDENT N/A
Officer Director
$0 $0 $0
LARRY PROCTOR BOARD MEMBER N/A
Director
$0 $0 $0
BLAKE SIMPSON BOARD MEMBER N/A
Director
$0 $0 $0
RYAN WILLIS BOARD MEMBER N/A
Director
$0 $0 $0
DOUG POSTEL EXECUTIVE DI N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $15,022,042 $12,577,656 $33,832,246 $2,444,386
2022 $13,820,246 $11,976,542 $31,055,291 $1,843,704
2021 $12,075,907 $11,102,787 $29,772,897 $973,120
2020 $11,533,631 $10,579,626 $29,220,820 $954,005
2019 $10,548,006 $10,242,887 $28,686,042 $305,119
2018 $10,723,997 $9,589,607 $28,288,348 $1,134,390
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