PALMDALE AEROSPACE ACADEMY INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PALMDALE AEROSPACE ACADEMY INC (EIN 45-3851539)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-13
IRS object ID
202121339349305727
Schema version
2019v5.2
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)
Return2021-05-13T17:44:48-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12210 EAST ROUTE 66AddressLine1Txt
CityGLENDORACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91740ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453851539EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE PALMDALE AEROSPACE ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPALMBusinessNameControlTxt
Phone6612733680PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13300 EAST PALMDALE BLVDAddressLine1Txt
CityPALMDALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93550ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIE BRASWELLPersonNm
Person TitleEXECUTIVE DIRECTOR/SUPERINTENDENTPersonTitleTxt
Phone6612733680PhoneNum
Signature2021-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDERRICK DEBRUYNE CPAPreparerPersonNm
PTINP00591016PTIN
Phone6268577300PhoneNum
Preparation2021-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJULIE BRASWELLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13300 EAST PALMDALE BLVDAddressLine1Txt
CityPALMDALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93550ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$32,413,010GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TPAA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO PREPARE ITS GRADUATES FOR COLLEGE AND JOBS IN THE 21ST CENTURY.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee325TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,547,317PYContributionsGrantsAmt
CY Contributions Grants$32,162,849CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$6,485PYInvestmentIncomeAmt
CY Investment Income$182,579CYInvestmentIncomeAmt
PY Other Revenue$99,742PYOtherRevenueAmt
CY Other Revenue$67,582CYOtherRevenueAmt
PY Total Revenue$22,653,544PYTotalRevenueAmt
CY Total Revenue$32,413,010CYTotalRevenueAmt
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$14,599,472PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$19,656,107CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$111,417CYTotalFundraisingExpenseAmt
PY Other Expenses$7,689,184PYOtherExpensesAmt
CY Other Expenses$11,674,535CYOtherExpensesAmt
PY Total Expenses$22,288,656PYTotalExpensesAmt
CY Total Expenses$31,330,642CYTotalExpensesAmt
PY Revenues Less Expenses$364,888PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,082,368CYRevenuesLessExpensesAmt
Total Assets BOY$11,220,063TotalAssetsBOYAmt
Total Assets EOY$14,446,524TotalAssetsEOYAmt
Total Liabilities BOY$1,519,318TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,663,411TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,700,745NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,783,113NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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 LEARNING POTENTIAL. THE PALMDALE AEROSPACE ACADEMY WILL THRIVE THROUGH PARTNERSHIP WITH AEROSPACE INDUSTRY EMPLOYERS, THE CITY OF PALMDALE, THE PALMDALE SCHOOL DISTRICT AND OTHERS WHO HELP DEVELOP AN INNOVATIVE, RELEVANT EDUCATIONAL OPTION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$24,728,814ExpenseAmt
Revenue$67,582RevenueAmt
DescTO MANAGE AND OPERATE A CHARTER SCHOOL AND PROVIDE EDUCATION FOR STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE.Desc
Total Program Service Expenses$24,728,814TotalProgramServiceExpensesAmt
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 Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 RequiredYes (1)ScheduleJRequiredInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee325EmployeeCnt
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 Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
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 Line1JULIE BRASWELLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6612733680PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13300 EAST PALMDALE BLVDAddressLine1Txt
CityPALMDALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93550ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
LAURA HERMAN
HEADMASTER THRU 11/201940.00Yes (X)$321,555$0$37,591
BRANDY PRICE
DEPUTY HEADMASTER40.00$155,148$0$39,785Yes (X)
HUBERTH MORALES
HIGH SCHOOL PRINCIPAL40.00$130,051$0$38,588Yes (X)
KIMBERLY MYERS-MORRIS
PSYCHOLOGIST40.00$126,855$0$38,998Yes (X)
FREDERICK MALCOMB
COUNSELOR40.00$114,640$0$35,518Yes (X)
DANIEL MOLIK
STEM TEACHER40.00$114,280$0$31,091Yes (X)
PAUL DILGER
CHIEF OPERATIONS OFFICER40.00Yes (X)$122,430$0$14,100
MELINDA JAGGI
INTERIM SUPERINTENDENT 11/19 - 4/2040.00Yes (X)$7,854$0$0
MATTHEW WINHEIM
EXECUTIVE DIRECTOR/SUPERINTENDENT40.00Yes (X)$0$0$0
KATHE DUREN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
GARY ROBERTS
TREASURER1.00Yes (X)$0$0$0Yes (X)
PATRICIA RARDON
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ELLEN MCISAAC
DIRECTOR1.00$0$0$0Yes (X)
MARK WEISS
DIRECTOR1.00$0$0$0Yes (X)
JEANNA HUERTA
DIRECTOR1.00$0$0$0Yes (X)
DR JOHN PORTER
DIRECTOR1.00$0$0$0Yes (X)
MICHELE GOOKINS
DIRECTOR1.00$0$0$0Yes (X)
PAUL SCOTT
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,092,813TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$235,671TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$31,828,855GovernmentGrantsAmt
All Other Contributions$333,994AllOtherContributionsAmt
Total Contributions$32,162,849TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$182,579TotalRevenueColumnAmt
Exclusion$182,579ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOOD SERVICE SALES900099$61,907$61,907
FOOD NON-PROGRAM900099$5,675$5,675
FieldValueIRS element (for citing)
Other Revenue Total$67,582OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,413,010TotalRevenueColumnAmt
Related Or Exempt Func Income$67,582RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$182,579ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$523,249TotalAmt
Program Services$481,389ProgramServicesAmt
Management And General$41,860ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,033,762TotalAmt
Program Services$11,427,003ProgramServicesAmt
Management And General$2,581,577ManagementAndGeneralAmt
Fundraising$25,182FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,495,903TotalAmt
Program Services$1,466,707ProgramServicesAmt
Management And General$29,196ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,075,077TotalAmt
Program Services$2,512,027ProgramServicesAmt
Management And General$557,670ManagementAndGeneralAmt
Fundraising$5,380FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$528,116TotalAmt
Program Services$334,684ProgramServicesAmt
Management And General$191,475ManagementAndGeneralAmt
Fundraising$1,957FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$246,393TotalAmt
Management And General$246,393ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$297,032TotalAmt
Management And General$297,032ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,388TotalAmt
Management And General$16,388ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$945,704TotalAmt
Program Services$659,718ProgramServicesAmt
Management And General$285,699ManagementAndGeneralAmt
Fundraising$287FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$273,231TotalAmt
Program Services$220,823ProgramServicesAmt
Management And General$51,939ManagementAndGeneralAmt
Fundraising$469FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,680,530TotalAmt
Program Services$4,434,956ProgramServicesAmt
Management And General$1,236,163ManagementAndGeneralAmt
Fundraising$9,411FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$54,679TotalAmt
Management And General$54,679ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,789TotalAmt
Management And General$3,789ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$638,276TotalAmt
Program Services$638,276ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$171,821TotalAmt
Management And General$171,821ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
INSTRUCTIONAL MATERIALS$2,935,574$2,533,392$402,182
TAXES & FEES$252,180$252,180
DUES & MEMBERSHIPS$65,988$65,988
ASB EXPENSES$53,789$53,789

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$39,161TotalAmt
Program Services$19,839ProgramServicesAmt
Management And General$4,380ManagementAndGeneralAmt
Fundraising$14,942FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$31,330,642TotalAmt
Program Services$24,728,814ProgramServicesAmt
Management And General$6,490,411ManagementAndGeneralAmt
Fundraising$111,417FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,149,622BOYAmt
EOY$5,613,479EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,160,990BOYAmt
EOY$5,850,664EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$765,672BOYAmt
EOY$658,399EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,738,691LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,686,149LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,085,823BOYAmt
EOY$2,052,542EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$57,956BOYAmt
EOY$271,440EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,220,063BOYAmt
EOY$14,446,524EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$920,245BOYAmt
EOY$3,062,808EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$599,073BOYAmt
EOY$600,603EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,519,318BOYAmt
EOY$3,663,411EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,700,745BOYAmt
EOY$10,783,113EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,700,745BOYAmt
EOY$10,783,113EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,220,063BOYAmt
EOY$14,446,524EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,082,368ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$537,226OtherCostOrOtherBasisAmt
Depreciation$308,084DepreciationAmt
Book Value$229,142BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,201,465OtherCostOrOtherBasisAmt
Depreciation$1,378,065DepreciationAmt
Book Value$1,823,400BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,052,542TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED LEASE LIABILITIESDesc
Amt$600,603Amt
FieldValueIRS element (for citing)
Total Liability$600,603TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ACADEMY AND FOUNDATION ARE NONPROFIT ENTITIES EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ORGANIZATION FILES AN EXEMPT INFORMATIONAL RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.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 RecsYes (1)MaintainScholarshipsRecsInd
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3PALMDALE AEROSPACE ACADEMY MAKES ITS NONDISCRIMINATORY POLICY KNOWN THROUGH ITS WEBSITE AND IN THE STUDENTS' ENROLLMENT PACKAGES. THE CHARTER DRAWS ITS STUDENTS FROM THE LOCAL COMMUNITY, AND CURRENTLY ENROLLS STUDENTS FROM VARIOUS RACIAL MINORITY GROUPS.
SCHEDULE E, PART I, LINE 6THE ACADEMY IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LAURA HERMAN
HEADMASTER THRU 11/2019$321,555$0$0$0$0$0$25,030$0$12,561$0$359,146$0$0$0
BRANDY PRICE
DEPUTY HEADMASTER$155,148$0$0$0$0$0$24,843$0$14,942$0$194,933$0$0$0
HUBERTH MORALES
HIGH SCHOOL PRINCIPAL$130,051$0$0$0$0$0$21,241$0$17,347$0$168,639$0$0$0
KIMBERLY MYERS-MORRIS
PSYCHOLOGIST$126,855$0$0$0$0$0$20,873$0$18,125$0$165,853$0$0$0
FREDERICK MALCOMB
COUNSELOR$114,640$0$0$0$0$0$19,154$0$16,364$0$150,158$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED 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 12CTHE BOARD 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 15HUMAN 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 19THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS UPON REQUEST
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE PALMDALE AEROSPACE ACADEMY FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13300 EAST PALMDALE BLVDAddressLine1Txt
CityPALMDALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP93550ZIPCd
FieldValueIRS element (for citing)
EIN811881446EIN
Primary ActivitiesSUPPORTPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12A, IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1THE PALMDALE AEROSPACE ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE PALMDALE AEROSPACE ACADEMY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeKTransactionTypeTxt
Involved$5,269,388InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

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