2024-05-15T15:33:38-05:00 2023-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2022-07-01 453851539 THE PALMDALE AEROSPACE ACADEMY PALM 6612733680 3300 E PALMDALE BLVD PALMDALE CA 93550 KATHE DUREN PRESIDENT OF BOARD/CHAIRMAN 6612733680 2024-05-14 1 KATHE DUREN 999009999 1 CATHERINE L GRAY CPA P01294460 9094664410 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GINA LYNH 3300 E PALMDALE BLVD PALMDALE CA 93550 51636642 0 X WWW.TPAA.ORG X 2011 CA TO PREPARE ITS GRADUATES FOR COLLEGE AND JOBS IN THE 21ST CENTURY. 7 7 342 25 0 0 36712378 51636642 0 0 0 0 0 0 36712378 51636642 0 0 0 0 21614604 25252957 0 0 194720 13385863 15159918 35000467 40412875 1711911 11223767 26865897 111415675 8075475 82805535 18790422 28610140 X THE PALMDALE AEROSPACE ACADEMY PREPARES ITS GRADUATES FOR COLLEGE AND CAREERS IN THE 21ST CENTURY, ALIGNED WITH WORKFORCE NEEDS IN THE LOCAL AREA AND BEYOND. THE EDUCATIONAL PROGRAM EMPHASIZES SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) SKILLS AND VIEWS ACADEMICS THROUGH THE LENS OF AEROSPACE. CHALLENGING PROJECTS, HANDS-ON ACTIVITIES AND COLLABORATIVE LEARNING ENGAGE STUDENT INTEREST TO MAXIMIZE PARTNERSHIP WITH AEROSPACE INDUSTRY EMPLOYERS, THE CITY OF PALMDALE SCHOOL DISTRICT AND OTHERS WHO HELP DEVELOP AN INNOVATIVE, RELEVANT EDUCATIONAL OPTION. 0 0 29318076 TO MANAGE AND OPERATE A CHARTER SCHOOL AND PROVIDE EDUCATION FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE. 29318076 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 342 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 1 0 CA X CHARISSE WILSON 6612733680 3300 E PALMDALE BLVD PALMDALE CA 93550 PAMELA GASPER PRESIDENT/CHAIRMAN 2.00 X X 0 0 0 DAVID F LUJAN DIRECTOR 2.00 X 0 0 0 ELLEN MCISAAC DIRECTOR 2.00 X 0 0 0 MARK WEISS TREASURER 2.00 X X 0 0 0 JUSTIN KNOWLES DIRECTOR 2.00 X 0 0 0 PATRICK BROPHY DIRECTOR 2.00 X 0 0 0 PAUL SCOTT SECRETARY 2.00 X X 0 0 0 PAUL DILGER CHIEF OPERATIONS OFFICER 50.00 X 148260 0 0 JULIE BRASWELL EXECUTIVE DIRECTOR/SUPERIN 40.00 X 180000 0 24750 GARY SCHATZ ELEMENTARY SCHOOL PRINCIPAL 50.00 X 135353 0 9100 CHARISSE M WILSON DIRECTOR OF BUSINESS SERVICES 50.00 X 140398 0 0 CHRISTOPHER RILEY DIRECTOR OF SPECIAL EDU/STUDENT SERVICES 50.00 X 113199 0 0 JULIE LOVVIK DIRECTOR OF HEALTH SERVICES 50.00 X 146381 0 0 863591 0 33850 20 0 1 0 FAGEN FRIEDMAN & FULLFROST LLP PO BOX 8445 PASADENA CA 91109 LEGAL SERVICES 192190 1 50764456 872186 51636642 51636642 0 0 0 353010 147420 205590 17563564 12992715 4566630 4219 2702564 2480774 221790 3857317 3018859 836890 1568 776502 438414 337741 347 195304 195304 2599366 971080 1628286 1012593 742372 269982 239 474530 440244 34286 5328585 3906600 1420728 1257 521483 521483 584514 584514 INSTRUCTIONAL MATERIALS 1898065 1898065 STUDENT NUTRITION 830745 830745 OTHER EXPENSES 735907 349051 199766 187090 SPECIAL EDUCATION 606929 580254 26675 371897 371897 40412875 29318076 10900079 194720 12737631 19586867 10583311 9224074 802631 460457 5768498 3231214 2462573 2537284 279751 79606993 26865897 111415675 3388462 2029895 4687013 80775640 8075475 82805535 X 18790422 19794600 8815540 18790422 28610140 26865897 111415675 11223767 -1404049 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5289331 3231214 2058117 479167 479167 2537284 PREPAID EXPENSES AND DEFERRED CHARGES 172027 OPERATING LEASE RIGHT-OF-USE ASSET 79434966 79606993 REFUNDABLE ADVANCE 136202 OPERATING LEASE LIABILITY 80639438 80775640 X PART X, LINE 2: MANAGEMENT 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. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE 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 WEBSITE AND ENROLLMENT DOCUMENTS. SCHEDULE E, PART I, LINE 4 AS CHARTER SCHOOLS DO NOT CHARGE TUITION, THERE IS NO NEED FOR THEM TO PROVIDE SCHOLARSHIPS OR FINANCIAL ASSISTANCE. THEREFORE, THIS WILL BE "NO AND THE FOLLOWING STATEMENT SHOULD BE INCLUDED IN THE LINES PROVIDED SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES CALIFORNIA APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE X X 0 0 0 0 0 0 0 0 0 JULIE BRASWELL EXECUTIVE DIRECTOR/SUPERIN 180000 0 0 0 0 0 24750 0 0 0 204750 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARDS MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY FINANCIAL CONFLICTS. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ANY DISCUSSION AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES PERFORMS MARKET RESEARCH BASED ON INDUSTRY AND SIZE WHEN DETERMINING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. THE BOARD REVIEWS AND APPROVES THE COMPENSATION AMOUNTS. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRES DOCUMENTS ARE AVAILABLE AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS UPON REQUEST.