2019-03-06T19:39:12-06:00 2018-06-30 943108253 NOVOGRADAC & COMPANY LLP 211 E OCEAN BLVD SUITE 600 LONG BEACH CA 90802 990 2017-07-01 954766001 EXCELLENT EDUCATION DEVELOPMENT EXCE 3103941152 11858 LA GRANGE AVENUE 2ND FLOOR LOS ANGELES CA 90025 ANITA LANDECKER PRESIDENT & CEO 3103941152 2019-03-06 1 WILLIAM LETSINGER P00478303 5624329482 128.92.54.106 2019-03-06 17:33:56 PS P 56ACC32F5B812B8237F6D2E6F7276ED82D99345C CF1E7041110D54F27E6941CA02227129B00E96D7 2017 2019-02-21 02:37:17Z ANITA LANDECKER 11858 LA GRANGE AVENUE FL 2 LA CA 90025 10741154 0 X WWW.EXED.NET X 1999 CA THE AGENCY DEVELOPS, MANAGES AND PROVIDES CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 13 13 94 0 0 53828 207000 232000 8504291 10451711 72428 57443 0 0 8783719 10741154 0 0 0 0 6468241 7382642 0 0 36913 3106190 3223870 9574431 10606512 -790712 134642 13728644 14082173 8083767 8306473 5644877 5775700 THE ORGANIZATION DEVELOPS, MANAGES AND PROVIDES BUSINESS CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 0 0 8884389 8969060 DURING THE 2017-2018 FISCAL YEAR, THE ORGANIZATION PROVIDED BUSINESS SERVICES TO 104 CHARTER SCHOOLS (WITHIN 68 ORGANIZATIONS) WHICH ARE ATTENDED BY APPROXIMATELY 42,000 STUDENTS. 794429 1460566 THE ORGANIZATION RUNS A CHARTER SCHOOL FACILITY FINANCING PROGRAM FOR LOWER INCOME COMMUNITIES. 23485 22085 THE ORGANIZATION PROVIDES CONSULTING SERVICES TO ORGANIZATIONS FOR THE PREPARATION OF CHARTER SCHOOL BUSINESS MODELS AND PETITIONS. CONSULTING SERVICES WERE PROVIDED TO APPROXIMATELY 10 ORGANIZATIONS PLANNING TO OPERATE NEW OR CURRENTLY OPERATING CHARTER SCHOOLS. 9702303 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 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 0 0 0 1 15 0 1 94 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X EXCELLENT EDUCATION DEVELOPMENT 3103941152 11858 LA GRANGE AVENUE 2ND FLOOR LOS ANGELES CA 90025 WILLIAM EB SIART CHAIRMAN 2.00 X X 0 0 0 PAUL CUMMINS SECRETARY 1.00 X X 0 0 0 ROBERT ABELES DIRECTOR 1.00 X 0 0 0 BRIAN BAUER DIRECTOR 1.00 X 0 0 0 CARL CHRISTOPHER DIRECTOR 1.00 X 0 0 0 HRAG HAMALIAN DIRECTOR 1.00 X 0 0 0 GUILBERT C HENTSCHKE DIRECTOR 1.00 X 0 0 0 LIDA JENNINGS DIRECTOR 1.00 X 0 0 0 STUART LAFF DIRECTOR 1.00 X 0 0 0 KEVIN S REED DIRECTOR 1.00 X 0 0 0 JERRY RUIZ DIRECTOR 1.00 X 0 0 0 LINDSEY KOZBERG DIRECTOR 1.00 X 0 0 0 JENNI LI SHEN DIRECTOR 1.00 X 0 0 0 ANITA LANDECKER PRESIDENT & CEO 40.00 X 204000 0 20913 SAMIRA ESTILAI EXECUTIVE VP & COO 40.00 X 154420 0 11216 LARRY TAMAYO EXECUTIVE VP 40.00 X 145656 0 10168 TAIT ANDERSON EXECUTIVE VP 40.00 X 141060 0 4358 FADY HABIB VP OF INFORMATION TECHNOLOGY 40.00 X 140021 0 11411 IRINA LEVKOVA-CASTILLO SENIOR VP, SCHOOL FINANCE 40.00 X 136462 0 19459 921619 0 77525 19 0 1 0 WESTGATE LAGRANGE PARTNERS LTD 82 ARMSTRONG DRIVE MUSTANG OK 73064 RENTS AND PARKING 599329 MICHAEL F KEELEY PO BOX 23 VENICE CA 90294 FACILITIES & LEGAL CONSULTING 328140 COHNREZNICK LLP 400 CAPITOL MALL SUITE 900 SACRAMENTO CA 95814 ACCOUNTING & COMPUTER CONSULTING 239571 NOVOGRADAC & COMPANY LLP 1160 BATTERY ST E BLDG 4TH FL SAN FRANCISCO CA 94111 ACCOUNTING 181358 ALTIERI AGENCY 5331 VIA DEL VALLE TORRANCE CA 90505 ACCOUNTING & BOOKKEEPING 105713 5 232000 232000 CHARTER SCHOOL MGMT 611710 8969060 8969060 CDE SPONSOR FEE 523930 980000 980000 CDE MANAGEMENT FEE 523920 153995 153995 CDE SUCCESS FEE 523930 118091 118091 CDE ADMINISTRATIVE FEE 523920 94097 94097 136468 136468 10451711 57443 57443 10741154 10451711 0 57443 6882688 6332073 516202 34413 499954 459958 37496 2500 15897 14307 1590 239121 122408 116713 913646 913646 17239 13791 3448 314254 298299 15955 553141 509183 43958 604915 556522 48393 69304 65839 3465 79618 27329 52289 221978 217483 4495 45204 29383 15821 TELEPHONE 72148 68541 3607 UTILITIES 47069 44716 2353 STAFF RECRUITMENT 30217 28706 1511 BAD DEBT EXPENSE 119 119 10606512 9702303 867296 36913 8430368 8584463 325486 482617 4235304 4219488 178598 249502 626488 360374 254439 266114 10307 9973 237278 213152 56864 56864 13728644 14082173 506643 728924 77124 77549 7500000 7500000 8083767 8306473 X 4861544 5154867 783333 620833 5644877 5775700 13728644 14082173 X 134642 -3819 X 0 1 X 1 0 X 619850 706020 1429500 207000 232000 3194370 6089884 8242671 12739507 8504291 10451711 46028064 6709734 8948691 14169007 8711291 10683711 49222434 560000 700000 1423000 200000 225000 3108000 1925918 3134810 5791463 2707354 3234638 16794183 2485918 3834810 7214463 2907354 3459638 19902183 29320251 30343 38877 64817 72428 57443 263908 30343 38877 64817 72428 57443 263908 6740077 8987568 14233824 8783719 10741154 49486342 0.59250 0.57630 0.00530 0.00580 X 0 0 523554 271637 251917 102934 88737 14197 266114 10741156 2 2 10741154 0 10741154 10610333 3921 3921 10606412 100 100 10606512 PART XI, LINE 2D - OTHER ADJUSTMENTS: FLOW THROUGH INCOME/LOSS FROM SUBSIDIARIES 2. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 2,639. RENT EXPENSE 425. AMORTIZATION EXPENSE 800. DEPRECIATION EXPENSE 57. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES 100. X 0 0 0 0 0 0 0 0 0 ANITA LANDECKER PRESIDENT & CEO 204000 0 0 0 0 0 6120 0 14793 0 224913 0 0 0 SAMIRA ESTILAI EXECUTIVE VP & COO 154420 0 0 0 0 0 4633 0 6583 0 165636 0 0 0 LARRY TAMAYO EXECUTIVE VP 145656 0 0 0 0 0 4370 0 5798 0 155824 0 0 0 FADY HABIB VP OF INFORMATION TECHNOLOGY 140021 0 0 0 0 0 0 0 11411 0 151432 0 0 0 IRINA LEVKOVA-CASTILLO SENIOR VP, SCHOOL FINANCE 136462 0 0 0 0 0 4094 0 15365 0 155921 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED ANNUALLY AND REVIEWED BY THE EXECUTIVE DIRECTOR. ONCE ANY NECESSARY CHANGES ARE MADE AND THE EXECUTIVE DIRECTOR IS IN AGREEMENT WITH THE FINAL FORM 990, IT IS SUBMITTED TO THE AUDIT COMMITTEE AND THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE WHICH ASKS THEM TO DISCLOSE ANY INFORMATION ABOUT TRANSACTIONS WITH EXCELLENT EDUCATION DEVELOPMENT AND ANY RELATED PARTIES WHICH MAY BE A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A CHANGES IN COMPENSATION FOR THE EXECUTIVE DIRECTOR INCLUDE A PERFORMANCE REVIEW; REVIEW OF COMPARABILITY DATA; AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. CHANGES IN COMPENSATION FOR THE EXECUTIVE VICE PRESIDENTS INCLUDE A PERFORMANCE REVIEW AND REVIEW OF COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF EXCELLENT EDUCATION DEVELOPMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF EXCELLENT EDUCATION DEVELOPMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZATION EXPENSE -800. DEPRECIATION EXPENSE -57. PROVISION FOR LOAN LOSSES 100. BAD DEBT EXPENSE -2,639. RENT EXPENSE -425. FLOW-THROUGH INCOME/LOSS FROM SUBSIDIARIES 2. 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