2023-08-29T17:39:45-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2021-07-01 330162184 THE PEGASUS SCHOOL PEGA 7149641224 19692 LEXINGTON LN HUNTINGTON BEACH CA 92646 RENE COGAN CFO 7149641224 2023-08-23 1 RENE COGAN 999009999 ARCHIE TOROSSIAN P01907501 6267933600 2023-08-22 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JASON LOPEZ 19692 LEXINGTON LN HUNTINGTON BEACH CA 92646 21257031 0 X THEPEGASUSSCHOOL.ORG X 1986 CA THE PEGASUS SCHOOL IS DEDICATED TO ACADEMIC EXCELLENCE AND TO THE DEVELOPMENT OF LIFELONG LEARNERS. 18 18 184 50 0 0 3520521 4149174 14976541 16619837 314651 186882 215024 152099 19026737 21107992 522787 438268 0 0 11808559 11864314 0 76163 713996 3291279 3962270 15622625 16341015 3404112 4766977 52365066 54527275 23579098 22217685 28785968 32309590 X THE STORY OF PEGASUS BEGINS WITH INTELLECTUAL CURIOSITY AND COMPASSION. WE ARE A VIBRANT ACADEMIC COMMUNITY THAT INSPIRES BRIGHT, MOTIVATED STUDENTS TO DISCOVER AND DEVELOP THEIR UNIQUE GIFTS. TEACHERS AND STUDENTS BUILD TRUSTING RELATIONSHIPS THAT FOSTER SELF-RELIANCE, CONFIDENCE, AND INNOVATIVE THINKING. A PEGASUS EDUCATION EQUIPS STUDENTS TO ACHIEVE FUTURE ACADEMIC SUCCESS AND MAKE A POSITIVE IMPACT ON SOCIETY. 0 0 12601180 438268 16658629 DURING THE 21-22 SCHOOL YEAR, THE PEGASUS SCHOOL PROVIDED INDEPENDENT EDUCATIONAL SERVICES TO APPROXIMATELY 590 CHILDREN FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE AT ITS CAMPUS IN HUNTINGTON BEACH, CALIFORNIA. THE SCHOOL OFFERED REGULAR SCHOOL YEAR, SUMMER PROGRAMS, AND NUMEROUS OPPORTUNITIES FOR STUDENTS TO ACTIVELY PARTICIPATE IN A CHALLENGING EDUCATIONAL ENVIRONMENT. 12601180 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 184 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X RENE COGAN 7149641224 19692 LEXINGTON LANE HUNTINGTON BEACH CA 92646 DIEM DANG CHAIR 1.00 X X 0 0 0 ERIC LITTLE TRUSTEE 1.00 X 0 0 0 MAAJED ABAHUSAYN TRUSTEE 1.00 X 0 0 0 REYNOLDS BISH TRUSTEE 1.00 X 0 0 0 GEORGE CHENG TRUSTEE 1.00 X 0 0 0 DARIN GLASSER TRUSTEE 1.00 X 0 0 0 AARON GUREWITZ TRUSTEE 1.00 X 0 0 0 BECKY JANDA TRUSTEE 1.00 X 0 0 0 MIKE MULROY TRUSTEE 1.00 X 0 0 0 MATT PARLOW VICE-CHAIR 1.00 X X 0 0 0 ROB PETTIS TRUSTEE 1.00 X 0 0 0 DERREK RANSFORD TRUSTEE 1.00 X 0 0 0 DAVID RHOADS TRUSTEE 1.00 X 0 0 0 ATOSHI SHOREY TRUSTEE 1.00 X 0 0 0 MAUREEN BARNES SINGH TRUSTEE 1.00 X 0 0 0 EDI THIMONS TRUSTEE 1.00 X 0 0 0 MEREDITH CHANDRA START 070121 TRUSTEE 1.00 X 0 0 0 ERIK CHOY START 070121 TRUSTEE 1.00 X 0 0 0 JASON LOPEZ HEAD OF SCHOOL 40.00 X 417891 0 46266 RENE COGAN CFO 40.00 X 260790 0 49496 JENNIFER GREEN LOWER SCHOOL DIRECTOR 40.00 X 157896 0 54253 JAMES SWIGER MIDDLE SCHOOL DIRECTOR 40.00 X 129009 0 59136 NYLY REYES IT DIRECTOR 40.00 X 162068 0 29484 SHARLEEN SAMUELSON DIRECTOR OF ENROLLMENT AND FINANCIAL AID 40.00 X 133127 0 28380 NANCY WILDER TEACHER 40.00 X 129932 0 13967 1390713 0 280982 18 0 1 0 ABSOLUTE FACILITY SOLUTIONS INC 19744 BEACH BLVD STE 387 HUNTINGTON BEACH CA 92648 JANITORIAL 273238 AVEX BUILDERS 3400 WEST MACARTHUR BLVD SUITE J SANTA ANA CA 92704 BATHROOM CONSTRUCTION 179914 JFK TRANSPORTATION CO INC 980 WEST 17TH ST SUITE B SANTA ANA CA 92706 BUS TRANSPORTATION 135698 PRO SOUND INC 1375 NE 123 ST MIAMI FL 33161 SOUND SYSTEMS 100912 LIEBERT CASSIDY WHITMORE 6033 WEST CENTURY BLVD SUITE 500 LOS ANGELES CA 90045 LEGAL 100645 5 140400 4008774 400285 4149174 TUITION 611710 15511008 15511008 AUXILIARY PROGRAM INCOME 611710 685094 685094 SUMMER SCHOOL 611710 423735 423735 16619837 170936 170936 40691 0 40691 40691 40691 15946 0 15946 15946 15946 210488 140400 149039 61449 61449 PTO INCOME 900099 38792 38792 OTHER INCOME 900099 11167 11167 49959 21107992 16658629 0 300189 438268 438268 767482 233638 417025 116819 8330777 6619505 1385267 326005 701970 518622 146087 37261 1429094 1129533 240980 58581 634991 491126 124022 19843 62659 62659 46095 46095 76163 76163 27907 27907 20028 5561 14242 225 204012 143487 53621 6904 211104 163276 41231 6597 478889 370391 93533 14965 441080 339632 88216 13232 922776 710538 184555 27683 264031 204211 51569 8251 AUXILIARY PROGRAM 608366 608366 FIELD TRIPS 204153 204153 TEACHER CONSUMABLES 109722 109722 TEXTBOOKS 107896 107896 253552 203255 48830 1467 16341015 12601180 3025839 713996 1610144 1879796 14944528 17154827 1301230 2105799 15996 22838 146682 164694 35554935 8882137 26727013 26672798 7619473 6526523 52365066 54527275 332147 399564 9716591 9868336 12730360 11349785 800000 600000 23579098 22217685 X 22116007 24166748 6669961 8142842 28785968 32309590 52365066 54527275 4766977 -1243355 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7619473 -1092950 6526523 6156627 1462846 7619473 5849441 307186 6156627 5501290 348151 5849441 5124483 376807 5501290 0.32950 0.51370 0.15680 0 0 6014392 6014392 25622956 6269870 19353086 3357353 2518779 838574 560234 93488 466746 26672798 X 19398462 -1243355 -466175 -1709530 21107992 0 21107992 15874840 0 15874840 27907 438268 466175 16341015 PART V, LINE 4: THE PEGASUS VISION FUND WAS ESTABLISHED TO ENSURE THE CONTINUED DEVELOPMENT OF THE SCHOOL. THE FUND FOR INNOVATION IN TEACHING (FIT) WAS ESTABLISHED TO SUPPORT ADVANCES IN CLASSROOM TEACHING THAT WILL BENEFIT TEACHERS AND STUDENTS ALIKE. THE BRIGHT STARS FUND IS A TUITION ASSISTANCE FUND THAT FOCUSES ON ATTRACTING AND RETAINING THE BRIGHTEST STUDENTS WHO MAY NOT OTHERWISE BE ABLE TO ATTEND THE PEGASUS SCHOOL FOR FINANCIAL REASONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -438,268. INVESTMENT EXPENSE -27,907. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 438,268. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZED ITS RACIALLY NONDISTRIMINATORY POLICY THROUGH ITS WEBSITE. X 1 COMMUNITY COUSELLING SERVICE CO LLC 100 SPECTRUM DR SUITE 1210 IRVINE CA 92618 CONSULTANT FOR CAPITAL CAMPAIGN 0 0 56623 -56623 56623 -56623 SPRING GALA 350888 140400 210488 41620 43857 5400 58162 350888 140400 210488 41620 43857 5400 58162 149039 61449 1 FINANCIAL AID 34 438268 PART I, LINE 2: FINANCIAL AID IS AWARDED ON THE BASIS OF FAMILY'S DEMONSTRATED FINANCIAL NEED THROUGH A PROCESS OF UTILIZING A NATIONALLY STANDARDIZED SYSTEM FOR ANALYSIS FROM INDEPENDENT SCHOOL MANAGEMENT (ISM) CALLED FAST. FAST UTILIZES A QUESTIONNAIRE TO GATHER RELEVANT INFORMATION AND SENDS A CONFIDENTIAL REPORT TO THE SCHOOL. THE FINANCIAL AID COMMITEE UTILIZES THIS REPORT, ALONG WITH FEDERAL INCOME TAX RETURNS, TO MAKE A FINAL DETERMINATION OF FINANCIAL AID, WHICH IS AWARDED ON A NON-DISCRIMINATORY BASIS. X X X 0 0 0 0 0 0 0 1 0 JASON LOPEZ HEAD OF SCHOOL 367891 0 50000 0 0 0 14171 0 32095 0 464157 0 0 0 RENE COGAN CFO 260790 0 0 0 0 0 5000 0 44496 0 310286 0 0 0 JENNIFER GREEN LOWER SCHOOL DIRECTOR 157896 0 0 0 0 0 5000 0 49253 0 212149 0 0 0 NYLY REYES IT DIRECTOR 162068 0 0 0 0 0 5000 0 24484 0 191552 0 0 0 JAMES SWIGER MIDDLE SCHOOL DIRECTOR 129009 0 0 0 0 0 5000 0 54136 0 188145 0 0 0 SHARLEEN SAMUELSON DIRECTOR OF ENROLLMENT AND FINANCIAL 133127 0 0 0 0 0 5000 0 23380 0 161507 0 0 0 PART I, LINE 7 DURING THE YEAR ENDED JUNE 30, 2022, THE HEAD OF SCHOOL RECEIVED $50,000 BONUS. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2012-10-01 8059500 REFINANCE PREVIOUS BONDS 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY (SERIES B) 201563466 2019-10-01 1913150 CONSTRUCT SCIENCE BUILDING 0 0 0 C CALIFORNIA MUNICIPAL FINANCE AUTHORITY (SERIES A) 201563466 2019-07-01 5983839 CONSTRUCT SCIENCE BUILDING 0 0 0 A 8059500 134465 7476530 1 0 1 1 B 1913150 88807 0 0 1 1 C 5983839 141161 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 X 6 381366 SOLD UPON RECEIPT X 12 MONTHLY PAYMENTS OF IN-KIND INTEREST 12 18919 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE BY DONORS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE BOARD CONSISTS OF SEVEN MEMBERS REPRESENTING THE COMMITTEE CHAIRS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, CFO, FINANCE COMMITTEE CHAIR AND BOARD CHAIR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICER, TRUSTEE/DIRECTOR, OR EMPLOYEE (INCLUDING FACULTY AND STAFF) OR COMMITTEE MEMBER SHALL MAKE A PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE CHAIR, BOARD OF TRUSTEES/DIRECTORS, OR RELEVANT COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OF TRUSTEES/DIRECTORS OR THE HEAD OF SCHOOL IN THE CASE OF AN EMPLOYEE, TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, CONSIDERING IN ITS OR HIS OR HER DISCRETION THE ADVICE OF LEGAL COUNSEL, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS OR BOARD VOTE WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT. THE CONFLICT OF INTEREST POLICY IS STATED IN THE PERSONNEL HANDBOOK FOR EMPLOYEES WHO ARE TO SIGN AN ACKNOWLEDGEMENT STATING THEY HAVE READ AND WILL COMPLY WITH THE POLICIES COVERED BY THE EMPLOYEE HANDBOOK. MEMBERS OF THE BOARD OF TRUSTEES HOWEVER ARE TO SIGN AN ANNUAL DOCUMENT IDENTIFYING AND NOTIFYING THE GOVERNING BOARD OF ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE SCHOOL REVIEWS COMPARATIVE COMPENSATION FROM COMPARABLE NATIONAL AND LOCAL ORGANIZATIONS WHEN DETERMINING COMPENSATION. THE BOARD SETS THE HEAD OF SCHOOL CONTRACT THE HEAD OF SCHOOL USES COMPARABLE DATA IN SETTING THE COMPENSATION OF THE OTHER OFFICERS. THE ENTIRE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE HEAD OF SCHOOL AND THE PROCESS IS DOCUMENTED IN THE BOARD MINUTES. SUCH REVIEW AND APPROVAL SHALL OCCUR ANNUALLY, WHENEVER THE HEAD'S TERM OF EMPLOYMENT IS RENEWED OR EXTENDED, AND THE THE HEAD'S COMPENSATION IS MODIFIED. THE PROCESS IS PERFORMED EVERY SPRING. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY FORM ARE AVAILABLE FROM THE SCHOOL UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.