BETA

LIBERTAS COLLEGE PREPARATORY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LIBERTAS COLLEGE PREPARATORY (EIN 46-4828289)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-01-21
IRS object ID
202500219349300425
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-21T11:41:41-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450250958PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EIDE BAILLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110681 FOOTHILL BLVD STE 300AddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP917303831ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464828289EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LIBERTAS COLLEGE PREPARATORYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLIBEBusinessNameControlTxt
Phone3109026808PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15101 S WESTERN AVEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAN MAGUIREPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone3109026808PhoneNum
Signature2025-01-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCATHERINE L GRAY CPAPreparerPersonNm
PTINP01294460PTIN
Phone9094664410PhoneNum
Preparation2025-01-21PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAN MAGUIREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15101 S WESTERN AVEAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90062ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,569,849GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LIBERTASCOLLEGEPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionCALIFORNIA PUBLIC CHARTER MIDDLE SCHOOL WITH GRADES 4-8.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee69TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,868,940PYContributionsGrantsAmt
CY Contributions Grants$6,569,849CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,868,940PYTotalRevenueAmt
CY Total Revenue$6,569,849CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,666,946PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,071,238CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,968CYTotalFundraisingExpenseAmt
PY Other Expenses$2,193,840PYOtherExpensesAmt
CY Other Expenses$2,420,732CYOtherExpensesAmt
PY Total Expenses$5,860,786PYTotalExpensesAmt
CY Total Expenses$6,491,970CYTotalExpensesAmt
PY Revenues Less Expenses$8,154PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$77,879CYRevenuesLessExpensesAmt
Total Assets BOY$7,076,506TotalAssetsBOYAmt
Total Assets EOY$6,489,401TotalAssetsEOYAmt
Total Liabilities BOY$5,504,120TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,839,136TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,572,386NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,650,265NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF LIBERTAS COLLEGE PREPARATORY CHARTER SCHOOL IS TO EQUIP MIDDLE SCHOOL STUDENTS IN GRADES 4-8 WITH THE ACADEMIC SKILLS AND THE STRENGTH OF CHARACTER NEEDED TO THRIVE IN AND GRADUATE FROM HIGH-PERFORMING HIGH SCHOOLS AND COMPETITIVE COLLEGES.LIBERTAS COLLEGE PREP IS DESIGNED TO SUPPORT MIDDLE SCHOOL STUDENTS THROUGH THE TRANSITION FROM ELEMENTARY SCHOOL TO A HIGH-PERFORMING HIGH SCHOOL, ALLOWING THEM TO EVENTUALLY ENTER THE COLLEGE OF THEIR CHOICE.FOUNDED ON THE BELIEF THAT ALL STUDENTS, REGARDLESS OF BACKGROUND OR PREVIOUS ACADEMIC PERFORMANCE, CAN DEVELOP THE FOUNDATIONAL SKILLS, CONTENT KNOWLEDGE, AND STRENGTH OF CHARACTER TO BUILD SCHOOL SUCCESS AND GRADUATE FROM COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,222,671ExpenseAmt
DescCALIFORNIA PUBLIC CHARTER SCHOOL CURRENTLY SERVING 300 STUDENTS IN GRADES FOURTH THROUGH EIGHTH. THE MISSION OF THE ORGANIZATION IS TO EQUIP MIDDLE SCHOOL STUDENTS IN GRADES FOUR THROUGH EIGHT WITH THE ACADEMIC SKILLS AND THE STRENGTH OF CHARACTER NEEDED TO THRIVE IN AND GRADUATE FROM HIGH-PERFORMING HIGH SCHOOLS AND COMPETITIVE COLLEGES.Desc
Total Program Service Expenses$5,222,671TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee69EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EXCELLENT ED DEVELOPMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4242086000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11990 S BUNDY DR SUITE 340AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90025ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GREGORY POPE
TREASURER2.00Yes (X)Yes (X)$0$0$0
HILDA ECHEVERRIA
SECRETARY2.00Yes (X)Yes (X)$0$0$0
BRANDIS JOHNSON
CHAIR2.00Yes (X)Yes (X)$0$0$0
GARY OLSON
MEMBER2.00Yes (X)$0$0$0
SARAH WECHSLER
MEMBER2.00Yes (X)$0$0$0
JOHN HEINTZ
MEMBER2.00Yes (X)$0$0$0
CHRISTEN CHAMBERS
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
NANCY CABREL - PEREZ
MEMBER2.00Yes (X)$0$0$0
ROBERT WILLIAMS
MEMBER2.00Yes (X)$0$0$0
JOY TURNER
MEMBER2.00Yes (X)$0$0$0
THEO OSSEO-ANTOI
MEMBER2.00Yes (X)$0$0$0
JOAQUIN ALVARADO
MEMBER2.00Yes (X)$0$0$0
CARLA CONWAY
MEMBER2.00Yes (X)$0$0$0
DAN MAGUIRE
HEAD OF SCHOOL40.00Yes (X)$118,391$0$11,325
FieldValueIRS element (for citing)
Total Reportable Comp From Org$118,391TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$11,325TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ONESIMUS HOLDINGS
6619 S HALM AVELOS ANGELESCA90056LANDLORD$313,683
EXCELLENT EDUCATION DEVELOPMENT INC
1990 SOUTH BUNDY DRIVE SUITE 340LOS ANGELESCA90025BACK OFFICE PROVIDER$139,175
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$5,994,226GovernmentGrantsAmt
All Other Contributions$575,623AllOtherContributionsAmt
Total Contributions$6,569,849TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,569,849TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$129,716TotalAmt
Management And General$129,716ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,336,128TotalAmt
Program Services$3,044,705ProgramServicesAmt
Management And General$291,423ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$344,755TotalAmt
Program Services$302,863ProgramServicesAmt
Management And General$41,892ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$260,639TotalAmt
Program Services$195,365ProgramServicesAmt
Management And General$65,274ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$12,047TotalAmt
Management And General$12,047ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,700TotalAmt
Management And General$41,700ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$636,689TotalAmt
Program Services$361,429ProgramServicesAmt
Management And General$275,260ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$39,160TotalAmt
Management And General$39,160ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$234,224TotalAmt
Program Services$127,819ProgramServicesAmt
Management And General$106,405ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$45,492TotalAmt
Management And General$45,492ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$555,089TotalAmt
Program Services$487,640ProgramServicesAmt
Management And General$67,449ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$47,586TotalAmt
Program Services$47,586ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$33,582TotalAmt
Program Services$33,582ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$73,148TotalAmt
Management And General$73,148ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
NUTRITION$269,878$233,016$36,862
FIELD TRIPS$156,406$156,406
INSTRUCTIONAL MATERIAL$77,260$77,260
SPECIAL EDUCATION$62,710$62,710

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$135,761TotalAmt
Program Services$92,290ProgramServicesAmt
Management And General$32,503ManagementAndGeneralAmt
Fundraising$10,968FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,491,970TotalAmt
Program Services$5,222,671ProgramServicesAmt
Management And General$1,258,331ManagementAndGeneralAmt
Fundraising$10,968FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,465,015BOYAmt
EOY$1,673,001EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,169,108BOYAmt
EOY$810,687EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$116,400BOYAmt
EOY$77,020EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$248,579LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$100,969LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$170,010BOYAmt
EOY$147,610EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,155,973BOYAmt
EOY$3,781,083EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,076,506BOYAmt
EOY$6,489,401EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$304,418BOYAmt
EOY$124,081EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,504,215BOYAmt
EOY$1,363,067EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,695,487BOYAmt
EOY$3,351,988EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,504,120BOYAmt
EOY$4,839,136EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,572,386BOYAmt
EOY$1,650,265EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,572,386BOYAmt
EOY$1,650,265EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,076,506BOYAmt
EOY$6,489,401EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$77,879ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,050OtherCostOrOtherBasisAmt
Depreciation$3,873DepreciationAmt
Book Value$44,177BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,000OtherCostOrOtherBasisAmt
Depreciation$1,149DepreciationAmt
Book Value$14,851BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$131,878OtherCostOrOtherBasisAmt
Depreciation$77,978DepreciationAmt
Book Value$53,900BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,651OtherCostOrOtherBasisAmt
Depreciation$17,969DepreciationAmt
Book Value$34,682BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$147,610TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSIT$500,130
RIGHT OF USE ASSET$3,280,953
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,781,083TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$3,351,988Amt
FieldValueIRS element (for citing)
Total Liability$3,351,988TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,569,849TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,569,849RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,569,849TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,491,970TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,491,970ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,491,970TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND THEREFORE IS NOT SUBJECT TO THE FORMAL COMPLIANCE WITH REVENUE PROCEDURE 75-50 AS LONG AS THE CHARTER AGREEMENT WITH THE STATE IS IN EFFECT. THE SCHOOL DOES INCLUDE INFORMATION REGARDING ITS NON-DISCRIMINATION PRACTICES IN ITS ENROLLMENT PACKAGES WHICH ARE AVAILABLE ON THE SCHOOL WEBSITE.
SCHEDULE E, PART I, LINE 4AS A PUBLIC CHARTER SCHOOL, THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL AID
SCHEDULE E, PART I, LINE 6CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE A COMMITTEE THAT HAS AUTHORITY TO ACT ON ITS BEHALF.
FORM 990, PART VI, SECTION B, LINE 11BRETURN WILL BE MADE AVAILABLE TO THE BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. IF A CONFLICT ARISIES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ALL DISCUSSION AND VOTING ON THE ISSUE.
FORM 990, PART VI, SECTION B, LINE 15ATHE SALARY FOR THE EXECUTIVE DIRECTOR WAS DETERMINED THROUGH AN ANALYSIS OF EDUCATIONAL SALARIES IN LEADING PRIVATE AND CHARTER SCHOOLS IN LOS ANGELES AND THE PRO-RATED THE SALARY FOR THE FIRST THREE YEARS OF THE SCHOOL.
FORM 990, PART VI, SECTION C, LINE 19REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.

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