2020-07-08T09:26:29-05:00 2019-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2018-07-01 262997342 WONDERFUL COLLEGE PREP ACADEMY WOND 6614543000 2070 VENETO ST DELANO CA 93215 SHANNON CASTELLANOS BOARD CHAIR 6614543000 2020-06-23 1 CATHERINE L GRAY P01294460 9094664410 2020-06-23 64.60.36.163 2020-06-23 16:17:13 PD P AFB01DE0CC74786AF10CDFE220491FAFB6575FF0 AFB01DE0CC74786AF10CDFE220491FAFB6575FF0 2018 2020-09-23 17:36:50Z SHANNON CASTELLANOS 2070 VENETO ST DELANO CA 93215 27611473 0 X WWW.WONDERFULCOLLEGEPREP.ORG X 2008 CA THE WONDERFUL COLLEGE PREP ACADEMY IS COMMITTED TO PROVIDING A FULL RANGE OF STUDENTS WITH AN ACADEMICALLY CHALLENGING CURRICULUM, INDIVIDUALLY RESPONSIVE AND FULLY INCLUDE IN ITS APPROACH TO TEACHING AND LEARNING, AND DEDICATED TO THE IDEA THAT ALL CHILDREN SHOULD COMPLETE HIGH SCHOOL PREPARED FOR THOUGHTFUL CITIZENSHIP AND READY TO COMPLETE A COLLEGE DEGREE. 6 6 257 50 0 0 18776425 27601220 0 0 3949 10253 85055 0 18865429 27611473 0 0 0 0 9084496 14409156 0 0 7635 9070270 12680246 18154766 27089402 710663 522071 6081246 7613165 2827363 3837211 3253883 3775954 X THE WONDERFUL COLLEGE PREP ACADEMY IS COMMITTED TO PROVIDING A FULL RANGE OF STUDENTS WITH AN ACADEMICALLY CHALLENGING CURRICULUM, INDIVIDUALLY RESPONSIVE AND FULLY INCLUDE IN ITS APPROACH TO TEACHING AND LEARNING, AND DEDICATED TO THE IDEA THAT ALL CHILDREN SHOULD COMPLETE HIGH SCHOOL PREPARED FOR THOUGHTFUL CITIZENSHIP AND READY TO COMPLETE A COLLEGE DEGREE. 0 0 20721336 THE WONDERFUL COLLEGE PREP ACADEMY PROVIDES AN EXEMPLARY EDUCATION FOR A BROADLY REPRESENTATIVE POPULATION OF STUDENTS FROM DELANO, CALIFORNIA , LOST HILLS AND SURROUNDING SCHOOL DISTRICTS WITH GOALS OF INCREASING THE NUMBER OF STUDENTS WHO COMPLETE A POSTSECONDARY EDUCATION AND CONTRIBUTING TO THE DEVELOPMENT OF STUDENTS AS SELF-MOTIVATED, COMPETENT, LIFELONG LEARNERS. 20721336 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 1 0 0 0 1 48 0 1 257 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 6614543000 2070 VENETO ST DELANO CA 93215 SHANNON CASTELLANOS CHAIR 1.00 X 0 0 0 MARITZA AVILEZ MEMBER 1.00 X 0 0 0 PRISCILLA MARTINEZ MEMBER 1.00 X 0 0 0 MARIBEL MORENO MEMBER 1.00 X 0 0 0 ERNIE UNRUH MEMBER 1.00 X 0 0 0 SAM RAMIREZ MEMBER 1.00 X 0 0 0 RICHARD HARRISON SUPERINTENDENT 40.00 X 0 0 0 BRETT BARLEY SUPERINTENDENT 40.00 X 77308 0 18803 JENNIFER BARD DIR OF STUDENT SERVICES 40.00 X 106618 0 21135 JUSTIN STEINER PRINCIPAL 40.00 X 110400 0 21309 MEGAN PALOMO LITERACY COACH 40.00 X 103361 0 18575 SHONDRA WALKER PRINCIPAL 40.00 X 115528 0 39014 KYLE LUDINGTON TEACHER 40.00 X 101597 0 16781 614812 0 135617 5 0 1 0 EDUCATIONAL LEASING LLC 11444 W OLYMPIC BLVD LOS ANGELES CA 90064 RENT 2235091 LYNEER STAFFING SOLUTIONS PO BOX 75414 CHICAGO IL 60675 TEMP SERVICE 525057 VILLAS SERVICES 2125 CAMPUS DR DELANO CA 93215 HOUSEKEEPING SERVICES 271252 3 27046449 554771 27601220 10253 10253 27611473 0 0 10253 77308 77308 10432123 8688691 1743432 1625453 1320790 304663 2274272 2108932 165340 566102 566102 1723814 512131 1211683 123279 123279 249212 249212 4087365 3377102 710263 148358 148358 70670 70670 327886 327886 133992 133992 INSTRUCTIONAL MATERIALS 1332238 1332238 STUDENT NUTRITION 1208640 1208640 FIELD TRIP/STUDENT TRAN 1174689 1174689 CAPITAL OUTLAY 670237 670237 863764 856129 7635 27089402 20721336 6360431 7635 1463124 418037 2138 2940053 4725598 56210 472001 2692396 694867 1615164 1997529 4557 0 6081246 7613165 1889930 1936751 437433 200460 500000 1700000 2827363 3837211 X 3253883 3775954 3253883 3775954 6081246 7613165 522071 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24580 940 23640 212062 17928 194134 2455754 675999 1779755 1997529 X 27611473 0 27611473 0 27611473 27089402 0 27089402 0 27089402 PART X, LINE 2: WONDERFUL COLLEGE PREP ACADEMY IS A NON-PROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B) (1) (A) (VI). IT IS ALSO EXEMPT FROM STATE FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THESE FINANCIAL STATEMENTS. INCOME TAX RETURNS FOR 2015 AND FORWARD MAY BE AUDITED BY REGULATORY AGENCIES; HOWEVER, THE ACADEMY IS NOT AWARE OF ANY SUCH ACTIONS AT THIS TIME. WONDERFUL COLLEGE PREP ACADEMY HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DUCUMENTS USED TO SOLICIT STUDENTS. SCHEDULE E, PART I, LINE 4 NO RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASISTANCE AWARDED ARE MAINTAINED AS THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL APPORTIONMENTS. X X 0 0 0 0 0 0 0 0 0 SHONDRA WALKER PRINCIPAL 115528 0 0 0 0 0 17744 0 21270 0 154542 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE RESNICK FOUNDATION, A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION, IS THE SOLE MEMBER OF THIS CORPORATION ( THE "STATUTORY MEMBER") AS THE TERM "MEMBER" IS DEFONED IN SECTION 5056 OF THE CALIFORNIA NON PROFIT CORPORATION LAW. THE MEMBERSHIP OF THE STATUTORY MEMBER IN THE CORPORATION IS NOT TRANSFERABLE. FORM 990, PART VI, SECTION A, LINE 7A THE STATUTORY MEMBER (AS DEFINED IN SECTION 5056 OF THE CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION LAW) HAS THE RIGHT TO ELECT OR APPOINT MEMBERS OF THE BOARD OF DIRECTORS AND THE CHAIRPERSON OF THE BOARD, TO REMOVE MEMBERS OF THE BOARD OF DIRECTORS AND THE CHAIRPERSON OF THE BOARD, TO VOTE ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, TO VOTE ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDEMENT OF THOSE TERMS, AND TO VOTE ON ANY ELECTION TO DISSOLVE THE CORPORATION, AND AS OTHERWISE REQUIRED UNDER THE CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION LAW AND/OR SET FORTH IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBERS- THE BOARD SHALL NOT, WITHOUT THE PRIOR WRITTEN APPROVAL OF THE STATUTORY MEMBER, AUTHORIZE OR DIRECT ANY OFFICER OF THE CORPORATION TO PREFORMOR COMMIT ANY OF THE FOLLOWING ACTS: A. BORROW MONEY IN THE NAME OF THE CORPORATION FOR CORPORATE PURPOSES IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARD ($250,000) OR UTILIZE PROPERTY (REAL OR PERSONAL) OWNED BY THE CORPORATION AS SECURITY FOR LOANS IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); B. ASSIGN, TRANSFER, PLEDGE, COMPROMISE OR RELEASE ANY OF THE CLAIMS OF OR DEBTS TO THE CORPORATION IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000) EXCEPT ON PAYENT IN FULL, OR ARBITRATE OR CONSENT TO THE ARBITRATION OF ANY DISPUTE OR CONTOVERSY OF THE CORPORATION IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); C. MAKE, EXECUTE OR DELIVER ANY ASSIGNMENT FOR THE BENEFIT OF CREDITORS, OR ANY BOND, CONFESSION OF JUDGEMENT, CHATTEL MORTGAGE, SECURITY AGREEMENT, DEED GUARANTY, INDEMNITY BOND, SURETY BOND, OR CONTRACT TO SELL OF BILL OF SALE OF THE PROPERTY OF THE CORPORATION IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); D. ACQUIRE, PURCHASE, DEVELOP, IMPROVE, SELL, LEASE OR MORTGAGE ANY CORPORATE REAL ESTATE OR ANY INTEREST THEREIN OR ENTER INTO ANY CONTRACT FOR ANY SUCH PURPOSE IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); E. MAKE ANY LOAN OR INVESTMENT OF ANY ASSETS OF THE CORPORATION, OR ENTER INTO ANY CONTRACT OR INCUR ANY LIABILITIES ON BEHALF OF THE CORPORATION OTHER THAN FOR FAIR CONSIDERATION OR IN THE ORDINARY COURSE OF BUSINESS RELATING TO ITS NORMAL DAILY OPERATIONS; F. MAKE ANY LOAN OF MONEY OR PROPERTY TO OR GUARANTEE THE OBLIGATION OF ANY DIRECTOR OR OFFICER, EXCEPT AS IS EXPRESSLY PERMITTED UNDER SECTION 5236 OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW; G. APPROVE THE SALE, LEASE, CONVEYANCE, EXCHANGE, TRANSFER, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; H. APPROVE THE PRINCIPAL TERMS OF A MERGER OF THE CORPORATION WITH ANOTHER ORGANIZATION; I. APPROVE THE FILING OF A PETITION FOR THE ONVOLUNTARY DISSOLUTION OF THE CORPORATION IF STATUTORY GROUNDS FOR SUCH A DISSOLUTION EXIST; J. APPROVE THE VOLUNTARY DISSOLUTION OF THE CORPORATION OR THE REVOCATION OF SUCH AN ELECTION TO DISSOLVE IT; K. APPROVE, REPEAL OR AMEND THE BYLAWS; OR L. APPOINT OR REMOVE ANY MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990- THE 990 RETURN PREPARER EMAILS A DRAFT TO MANAGEMENT, WHICH REVIEWS THE DRAFT WITH ALL BOARD MEMBERS PRIOR TO FILING. IF CHANGES ARE MADE TO THE DRAFT, THEN A FINAL COPY OS FORWARDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A DISCLOSURE STATEMENT WHICH INCLUDED AN ACKNOWLEDGMENT OF HAVING READ AND HAVING AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES IS DETERMINED BY COMPARING SIMILAR POSITION COMPENSATION PACKAGES FROM THE REGION; THERE IS CONSIDERATION OF EDUCATION AND EXPERIENCE AND THEN ALIGNMENT WITH WHAT BENEFITS WONDERFUL COLLEGE PREP ACADEMY OFFERS. A COMPENSATION PACKAGE IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO PUBLIC UPON REQUEST. RESNICK FOUNDATION 1144 W OLYMPIC BLVD LOS ANGELES CA 90064 954658095 FUNDING ART, EDUCATION, HEALTH AND ENVIRONMENT CA 501(C)(3) PF N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R- GROUP EXEMPTION RELATIONSHIPS DIRECTORS OF THE RESNICK FOUNDATION CONTOL OVER 125 BROTHER/SISTER COMPANIES WITHIN THE MEANING OF THE INSTRUCTIONS. A DETAILED LISTING IS AVAILABLE UPON REQUEST. NONE OF THE BROTHER/SISTER COMPANIES COMPENSATE MS DONOSO FOR THEIR RESPECTIVE TIME SPENT ON WONDERFUL COLLEGE PREP ACADEMY MATTERS. SCHEDULE R- ADDITIONAL INFORMATION SPECIFIC COMPANIES UNDER CONTROL, WHICH HAVE CERTAIN TRANSACTIONS WITH WONDERFUL COLLEGE PREP ACADEMY ARE: EDUCATIONAL LEASING LLC - FACILITY AND EQUIPMENT LEASE