2021-02-09T12:50:47-06:00 2020-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2019-07-01 465740783 Green Dot Public Schools National GREE 3235651600 1149 S Hill St No 600 Los Angeles CA 90015 CHAD SOLEO CEO 3235651600 2021-01-15 1 Kim Hunwardsen CPA P00484560 6122536500 2021-01-15 2019 2022-09-23 18:48:47Z Chad Soleo 1149 S Hill St No 600 Los Angeles CA 90015 14341650 0 X www.greendot.org X 2014 CA To run high quality public charter schools and to support related entities. 10 10 89 11 0 0 85324 805128 13031296 13536522 0 0 0 0 13116620 14341650 0 0 0 0 8201843 8552612 0 0 0 4172820 4292655 12374663 12845267 741957 1496383 7140831 10426167 1476613 3265566 5664218 7160601 Green Dot's mission is to help transform public education so that every child can be successful in college, leadership and life. Green Dot Public Schools National manages the development of and supports the operation of public charter schools. 0 0 12202900 13536522 Green Dot National was created to provide services to Green Dot Public Schools California (GDPS CA), Green Dot Public Schools Tennessee (GDPS TN), collectively referred to as Green Dot Regions, and United Parents and Students (UPAS). Specifically, by obtaining and distributing philanthropic support, providing school facilities, providing capital financing, providing operational or other support, designing curriculum, training and developing charter school staff, and assisting the related organizations to obtain philanthropic support, charter school facilities and charter school financing. By leveraging high quality and efficient services in these and other areas, Green Dot helps eliminate barriers to success at the schools in our network and to empower educators to focus on their students. 12202900 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 1 89 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X X Andrew Garcia 3235651600 1149 S Hill St Suite 600 Los Angeles CA 90015 Chad Soleo Chief Executive Officer 40.00 0.00 X 240185 0 33906 Megan Quaile Former Chief Growth Officer 1.00 40.00 X 0 238004 17198 Ernest Thomas Treasurer/Controller 40.00 0.00 X 163883 0 37969 Ellen Lin Chief Operating Officer 40.00 0.00 X 166103 0 14449 Douglas Weston VP of Development 40.00 0.00 X 161863 0 9489 Keith Yanov Former Officer 30.00 0.00 X 154122 0 9873 Sean Thibault Director of Communications 40.00 0.00 X 136832 0 22416 Tae Kim Director of Finance 40.00 0.00 X 127906 0 23301 Jose Jauregui Director of Information Technology 40.00 0.00 X 127532 0 17503 Jeff Shultz Director of Information Systems 40.00 0.00 X 123209 0 11769 Marlene Canter Board Chair 2.00 0.00 X X 0 0 0 Brad Rosenberg Board Secretary 2.00 0.00 X X 0 0 0 Roy Romer Director 2.00 0.00 X 0 0 0 Paul Miller Director 2.00 0.00 X 0 0 0 Timothy Wahl Director 2.00 0.00 X 0 0 0 Al Jerome Director (Until 12/2019) 2.00 0.00 X 0 0 0 Carole Neal Director 2.00 0.00 X 0 0 0 Ly Cecilia Nguyen Director 2.00 0.00 X 0 0 0 Larry Jacobs Director 2.00 0.00 X 0 0 0 Ronni Ephraim Director 2.00 0.00 X 0 0 0 Dennis Miller Director 2.00 0.00 X 0 0 0 1401635 238004 197873 16 1 1 0 Delta Financial Associates Inc 2605 Oak Ave Manhattan Beach CA 90266 Consulting 276525 David M Lewis Company LLC 21800 Oxnard Street Ste 980 Woodland Hills CA 91367 Consulting 206044 Beacon Resources LLC 10960 Wilshire Blvd Suite 810 Los Angeles CA CA 90024 Recruitment 177174 SHI International Corp 880 Apollo St El Segundo CA 90245 Technology 130048 4 183567 621561 805128 Shared Service Fees 611710 13536522 13536522 13536522 14341650 13536522 0 0 X 687610 644257 43353 6290247 5973844 316403 1053310 998031 55279 521445 494553 26892 188270 178387 9883 1828738 1741965 86773 18486 6996 11490 426425 404812 21613 642050 608488 33562 134225 128125 6100 421127 421127 167460 158670 8790 Student Services 398126 379395 18731 Materials and Supplies 67748 64250 3498 12845267 12202900 642367 0 4486396 5604555 114324 221372 432608 460404 3270767 1567200 1530360 1703567 577143 2436269 7140831 10426167 1476613 1333730 0 38500 0 1893336 1476613 3265566 X 5664218 7160601 5664218 7160601 7140831 10426167 1496383 0 X 0 1 X 1 0 X X 4 Green Dot Public Schools California 954679811 2 1 0 8507260 Green Dot Public Schools Washington 464128856 2 0 0 0 Green Dot Public Schools Tennessee 470970499 2 0 0 1999519 Delta Properties Inc 954679811 2 0 0 0 4 0 10506779 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 X 1 1 Part I, Line 12g, Column (vi) GDPS National provides centralized management, oversight, and other support services for the supported organizations. Amounts reported here are for the following services: human resources, legal, finance & accounting, information technology, knowledge management, development, communication, strategic planning, and national expansion. Part IV, Section A, Line 1: GDPS National's governing documents specify one of the supported organizations by name - GDPS CA. The governing documents provide that GDPS National will operate for the benefit of other similar organizations, as specified in its charter, and requires the other supported organizations to be either controlled by or be an integral part of GDPS National. These other supported organizations include GDPS WS, GDPS TN, and Delta Properties, Inc. As such, there is a historic and continuing relationship which has created a substantial identity between the organizations, and GDPS National is organized exclusively for the benefit of its supported organizations. Part IV, Section D, Line 2: GDPS National maintains a close and continuous working relationship with its supported organizations by providing centralized management, oversight, and other support services for the supported organizations. In order to accomplish its express purpose of managing the development and operation of its supported organizations (charter schools), there must be a close and continuous working relationship. Part IV, Section D, Line 3: GDPS National is responsive to the needs and demands of its supported organizations through its close and continuous working relationship. The officers and directors of the supported organizations have the ability to recommend to GDPS National's officers and directors how to employ its income and assets. Part IV, Section E, Line 2a: By providing centralized management, oversight and other support services to its supported organizations (charter schools), the supported organizations can carryout their purpose of operating charter schools. By virtue of having a close and continuous working relationship between GDPS National and the supported organizations, the supported organizations can encourage GDPS National to be responsive to their needs and to recommend to GDPS National's officers and directors how to employ its income and assets. With GDPS National's express purpose to manage the development and operation of its supported organization's charter schools, substantially all of its activities directly further the purposes of its supported organizations. Part IV, Section E, Line 2b: If it were not for GDPS National, each of the supported organizations would have to provide their own management services and support services. By relying on GDPS National, there is an economy of scale achieved. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 831519 478376 353143 1844914 1088824 756090 594334 594334 1703567 Accounts Receivable - Related Party 544817 Security Deposit 36034 Operating Lease, Right of Use Asset, Net 1855418 2436269 Operating Lease Liability 1893336 1893336 X 14745038 403388 403388 14341650 0 14341650 13248655 403388 403388 12845267 0 12845267 Part X, Line 2: Management believes that GDPS National 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. GDPS National 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. Part XI, Line 2d - Other Adjustments: Elimination of Related Organization Shared Service Revenue included in Consolidated Financial Statements 313,361. Elimination of Related Organization Fund Development Shared Services included in Consolidated Financials Statements 90,027. Part XII, Line 2d - Other Adjustments: Elimination of Related Organization Shared Service Expense included in Consolidated Financial Statements 313,361. Elimination of Related Organization Fund Development Shared Services included in Consolidated Financials Statements 90,027. X X X 0 0 0 0 0 0 0 0 0 Chad Soleo Chief Executive Officer 240185 0 0 0 0 0 7452 0 26454 0 274091 0 0 0 Megan Quaile Former Chief Growth Officer 0 238004 0 0 0 0 0 9012 0 8186 0 255202 0 0 Ernest Thomas Treasurer/Controller 163883 0 0 0 0 0 6723 0 31246 0 201852 0 0 0 Ellen Lin Chief Operating Officer 166103 0 0 0 0 0 6373 0 8076 0 180552 0 0 0 Douglas Weston VP of Development 161863 0 0 0 0 0 0 0 9489 0 171352 0 0 0 Keith Yanov Former Officer 154122 0 0 0 0 0 4751 0 5121 0 163994 0 0 0 Sean Thibault Director of Communications 136832 0 0 0 0 0 5642 0 16774 0 159248 0 0 0 Tae Kim Director of Finance 127906 0 0 0 0 0 4827 0 18474 0 151207 0 0 0 Form 990, Part VI, Section A, line 8b There are no committees with broad authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Audit Committee of each of the Green Dot entities reviews and approves the Form 990. A copy of the Form 990 is provided to the Board of Directors for review and approval prior to filing. Form 990, Part VI, Section B, line 12c Board members, officers and employees must self-report to the corporation that they have a disqualifying interest. Officials with a conflict must submit a written disclosure to their supervisor. Then the supervisor reassigns the task in which there is a conflict and forwards the conflict notice to the CEO. For Board members, they are required to disclose the conflict at the meeting where consideration of the proposed transition takes place. After the disclosure, the Board member leaves the meeting while the remaining Board members determine whether or not a conflict exists. This disclosure is included in the Board's meeting minutes. Furthermore, if the Board or the CEO has reason to believe that a fellow Board member or an employee in certain designated positions has failed to disclose a conflict of interest, the individual is informed of the belief and provided an opportunity to respond, followed by further investigation, if warranted. Thereafter, the Board or the CEO makes a determination and disciplinary and/or corrective actions are taken. Each year, directors and certain other officials are required to sign a disclosure of conflicts statement that affirms they: a) have received a copy of the corporation's Conflict of Interest Policy (the "Policy"); b) have read and understand the Policy; c) have agreed to comply with the Policy; and d) understand the corporation is charitable and, to maintain its federal tax exemption, the corporation must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Certain employees designated with decision making authority are required to sign a similar statement upon commencing their position with the corporation. Form 990, Part VI, Section B, line 15 The Board of Directors sets the compensation for the CEO on an annual basis using industry data. The CEO sets the compensation for the top management officials. Key employee compensation is set by a compensation committee comprised of the top management officials using comparability data. Form 990, Part VI, Section C, line 19 Required documents are available on the organization's website and at the business address during normal business hours upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 1,741,965. Management and general expenses 86,773. Fundraising expenses 0. Total expenses 1,828,738. Green Dot Public Schools California 1149 S Hill Street Suite 600 Los Angeles CA 90015 954679811 Educational Services CA 501(c)(3) Line 2 Green Dot Public Schools National 1 Green Dot Public Schools Tennessee 4950 Fairley Rd Memphis TN 38109 470970499 Educational Services TN 501(c)(3) Line 2 Green Dot Public Schools National 1 Green Dot Public Schools Washington 6020 Rainier Ave S Seattle WA 98118 464128856 Educational Services WA 501(c)(3) Line 2 Green Dot Public Schools National 1 United Parents and Students 1149 S Hill Street Suite 600 Los Angeles CA 90015 813413763 Educational Services CA 501(c)(3) Line 10 Green Dot Public Schools National 1 Delta Properties Inc 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA 501(c)(3) Line 12a, I Green Dot Public Schools California 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 Green Dot Public School California P 26060 Accrual Green Dot Public School California Q 10406502 Accrual Green Dot Public School California Q 1261458 Accrual Green Dot Public School Tennessee Q 1645858 Accrual United Parents and Students Q 1000000 Accrual