2019-03-19T08:53:04-05:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2017-07-01 061629227 DISCOVERY CHARTER PREPARATORY SCHOOL DISC 8188971044 13570 ELDRIDGE AVE SYLMAR CA 91342 SHERYL SCHUBERT CFO 8188971044 2019-03-14 1 WADE MCMULLEN P00541671 6268577300 2019-03-08 67.137.57.251 2019-03-14 16:06:27 PD P F0F62AA6298128500262D125680EAF6D2D38659B 3E4933B7173F7BE67A9D590E7A3CCC1962E8A0DA 2017 2019-02-21 02:37:17Z SHERYL SCHUBERT 13570 ELDRIDGE AVE SYLMAR CA 91342 3494605 0 X WWW.DISCOVERYPREP.ORG X 2003 CA TO PROVIDE ITS STUDENTS WITH THE NECESSARY SKILLS AND SUPPORT SO THAT EVERY STUDENT IS PREPARED TO ATTEND COLLEGE UPON GRADUATION FROM HIGH SCHOOL. 4 4 64 0 0 0 3277546 3491668 0 0 -379641 0 21685 2937 2919590 3494605 0 0 0 0 1946987 1676217 0 0 0 1721069 1859072 3668056 3535289 -748466 -40684 1701038 1690964 265438 305132 1435600 1385832 TO PROVIDE ITS STUDENTS WITH THE NECESSARY SKILLS AND SUPPORT SO THAT EVERY STUDENT IS PREPARED TO ATTEND COLLEGE UPON GRADUATION FROM HIGH SCHOOL. 0 0 3142076 A CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. 3142076 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 22 0 1 64 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X SHERYL SCHUBERT 8188971044 13570 ELDRIDGE AVE SYLMAR CA 91342 JULIAN ALMARAZ PRESIDENT 2.00 X X 0 0 0 ALONDRA HERNANDEZ VICE PRESIDENT 2.00 X X 0 0 0 JAS DHILLON TREASURER 2.00 X X 0 0 0 DR KEN NIELSEN BOARD MEMBER 2.00 X 0 0 0 SHERYL SCHUBERT CFO 40.00 X 112683 0 24634 DR KAREN SMITH PRINCIPAL 40.00 X 116504 0 17994 229187 0 42628 2 0 0 0 0 3491668 3491668 OTHER REVENUE 900099 2937 2937 2937 3494605 2937 0 0 X 271815 144061 127754 1107991 1105245 2746 21283 19580 1703 253983 233665 20318 21145 19454 1691 24440 24440 11608 11608 22987 22987 504435 504435 9340 9340 184345 163088 21257 71324 71324 652492 535044 117448 912 912 4284 4284 42645 42645 44954 3693 41261 INSTRUCTIONAL MATERIALS 260818 260818 OTHER EXPENSES 24488 24488 3535289 3142076 393213 0 1251709 1047648 304381 223358 32027 0 556187 136229 112921 419958 1701038 1690964 109569 118012 102866 41609 53003 145511 265438 305132 X 1435600 1385832 1435600 1385832 1701038 1690964 X -40684 -9084 X X 0 1 X 1 0 X 329999 9616 320383 226188 126613 99575 419958 AMOUNT HELD FOR OTHERS 15305 DEFERRED RENT LIABILITY 130206 145511 X 3494605 0 3494605 0 3494605 3535289 0 3535289 0 3535289 PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT ENTITY 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 SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY IS POSTED ON THE SCHOOL WEBSITE HOME PAGE, ADMISSION PAGE, AND ON VARIOUS SCHOOL PUBLICATIONS SCHEDULE E, PART I, LINE 6 DISCOVERY CHARTER PREPARATORY SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER REVIEWS THE DRAFT OF THE FORM 990, DISCUSSES IT WITH THE OUTSIDE PREPAREER AND REQUESTS ADJUSTMENTS/CORRECTIONS, IF NECESSARY. THE DRAFT IS THEN SENT TO THE MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE NEXT SCHEDULED BOARD MEETING FOR REVIEW. THE DRAFT IS THEN PRESENTED AT THE BOARD MEETING FOR DISCUSSION AND QUESTIONS. THE BOARD OF DIRECTORS WILL THEN APPROVE THE RETURN AS PRESENTED OR WITH SPECIFIED ADJUSTMENTS/CORRECTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS PERFORM AN ANNUAL REVIEW OF THE POSITION OF PRINCIPAL AND CHIEF FINANCIAL OFFICER. BASED UPON COMPARABILITY DATA AND PERFORMANCE RATING, SALARY IS SET AND APPROVED PRIOR TO THE BEGINNING OF EACH SCHOOL YEAR. FORM 990, PART VI, SECTION C, LINE 18 THE SCHOOL PROVIDES A COPY OF THE 990 TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CUSTODIAL PERSONNEL: PROGRAM SERVICE EXPENSES 59,259. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,259. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 3,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,747. CONSULTANTS: PROGRAM SERVICE EXPENSES 68,519. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,519. CONTRACTED CLASSES/TUTORS: PROGRAM SERVICE EXPENSES 204,116. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 204,116. CONSULTANT SPECIAL EDUC: PROGRAM SERVICE EXPENSES 168,794. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 168,794. FORM 990, PART XI, LINE 9: TRANSFER TO RELATED LLC -9,084. FORM 990, PART XII, LINE 2C NO CHANGES TO THE ORGANIZATION OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. DCPS PROPERTIES 13570 ELDRIDGE AVE SYLMAR CA 91342 812939821 PROPERTY HOLDING CA 501(C)3 EXEMPT 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 DCPS PROPERTIES K 560680 FMV