NEW ACADEMY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: NEW ACADEMY (EIN 20-0201111)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2019-05-15
IRS object ID: 201901359349304305
Schema version: 2017v2.3
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
Form 990
Schedule A
Schedule D
Schedule E
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-05-15T10:20:46-05:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2210 E ROUTE 66 STE 100	AddressLine1Txt
City	GLENDORA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91740	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200201111	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEW ACADEMY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NEWA	BusinessNameControlTxt
Phone	2134832060	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	303 SOUTH LOMA DRIVE	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DR RON SOLORZANO	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2134832060	PhoneNum
Signature	2019-02-26	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DERRICK DE BRUYNE CPA	PreparerPersonNm
PTIN	P00541671	PTIN
Phone	6268577300	PhoneNum
Preparation	2019-02-26	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	67.137.57.251	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-02-26	IPDt
IP Tm	17:19:34	IPTm
IP Timezone	PS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	7CCED69CC7F7DA8765ED5670943801882D3A7A21	AtSubmissionCreationDeviceId
At Submission Filing Device Id	3768BF79026E9FB72EC01A0D6C8ECE789ADCBC55	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR RON SOLORZANO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	303 SOUTH LOMA DRIVE	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90017	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$11,592,279	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NEWACADEMY-LA.ORG, WWW.NACPDOLPHIN	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	NEW ACADEMY OPERATES TWO CHARTER SCHOOLS - N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ART. BOTH CHARTER SCHOOLS PROVIDE EDUCATIONAL ACTIVITIES TO KINDERGARTEN THROUGH FIFTH GRADE STUDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	144	TotalEmployeeCnt
Total Volunteers	135	TotalVolunteersCnt
Total Gross UBI	$18,443	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$17,833	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$10,610,355	PYContributionsGrantsAmt
CY Contributions Grants	$11,403,839	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$39,132	PYInvestmentIncomeAmt
CY Investment Income	$22,752	CYInvestmentIncomeAmt
PY Other Revenue	$209,679	PYOtherRevenueAmt
CY Other Revenue	$165,688	CYOtherRevenueAmt
PY Total Revenue	$10,859,166	PYTotalRevenueAmt
CY Total Revenue	$11,592,279	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$6,152,002	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,360,608	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$16,065	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,172,624	PYOtherExpensesAmt
CY Other Expenses	$4,330,580	CYOtherExpensesAmt
PY Total Expenses	$10,324,626	PYTotalExpensesAmt
CY Total Expenses	$10,691,188	CYTotalExpensesAmt
PY Revenues Less Expenses	$534,540	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$901,091	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,426,809	TotalAssetsBOYAmt
Total Assets EOY	$7,375,823	TotalAssetsEOYAmt
Total Liabilities BOY	$259,700	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$327,334	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$6,167,109	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,048,489	NetAssetsOrFundBalancesEOYAmt
Mission	NEW ACADEMY OPERATES TWO CHARTER SCHOOLS-N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ART. BOTH CHARTER SCHOOLS PROVIDE EDUCATIONAL ACTIVITIES TO KINDERGARTEN THROUGH FIFTH GRADE STUDENTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,728,981	ExpenseAmt
Revenue	$147,245	RevenueAmt
Desc	OPERATES TWO CALIFORNIA CHARTER SCHOOLS.	Desc
Total Program Service Expenses	$9,728,981	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	28	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	144	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EXED	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3103941152	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11858 LA GRANGE AVE 2ND FLOOR	AddressLine1Txt
City	LOS ANGELES	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90025	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DR RON SOLORZANO
PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
BRENT BRADLEY
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICIA DIDONATO
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
VICTOR GIL
VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$0	$0
LUPE SIMPSON
MEMBER	2.00	Yes (X)		$0	$0	$0
MARTHA ARIAS
MEMBER	2.00	Yes (X)		$0	$0	$0
MARTA SANCHEZ
CHIEF ACADEMIC SPECIALIST	40.00		Yes (X)	$108,000	$0	$0
ERIC A TODD
NASA PRINCIPAL	40.00			$103,274	$0	$22,292	Yes (X)
PATRICIA GOULD
PRINCIPAL	40.00			$112,500	$0	$23,866	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$323,774	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$46,158	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARTA SANCHEZ	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	16320 SUNBURST ST	AddressLine1Txt
City	NORTH HILLS	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91343	ZIPCd

Field	Value	IRS element (for citing)
Services	CONSULTANT	ServicesDesc
Compensation	$108,000	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Government Grants	$11,374,090	GovernmentGrantsAmt
All Other Contributions	$29,749	AllOtherContributionsAmt
Total Contributions	$11,403,839	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,752	TotalRevenueColumnAmt
Exclusion	$22,752	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER REVENUE	900099	$147,245	$147,245
QTF	812930	$18,443		$18,443

Field	Value	IRS element (for citing)
Other Revenue Total	$165,688	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,592,279	TotalRevenueColumnAmt
Related Or Exempt Func Income	$147,245	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$18,443	UnrelatedBusinessRevenueAmt
Exclusion	$22,752	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$108,000	TotalAmt
Program Services	$108,000	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,607,613	TotalAmt
Program Services	$4,179,770	ProgramServicesAmt
Management And General	$427,843	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$634,592	TotalAmt
Program Services	$571,160	ProgramServicesAmt
Management And General	$63,432	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$839,291	TotalAmt
Program Services	$759,211	ProgramServicesAmt
Management And General	$80,080	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$171,112	TotalAmt
Program Services	$144,189	ProgramServicesAmt
Management And General	$26,923	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$86,286	TotalAmt
Program Services	$86,286	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$67,887	TotalAmt
Management And General	$67,887	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$168,660	TotalAmt
Management And General	$168,660	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,279,257	TotalAmt
Program Services	$1,279,257	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$7,282	TotalAmt
Management And General	$7,282	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$424,005	TotalAmt
Program Services	$343,164	ProgramServicesAmt
Management And General	$80,841	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$514,255	TotalAmt
Program Services	$514,255	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$25,118	TotalAmt
Program Services	$25,118	ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$393,639	TotalAmt
Program Services	$393,639	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$311,088	TotalAmt
Program Services	$311,088	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$55,393	TotalAmt
Program Services	$55,393	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
INSTRUCTIONAL MATERIALS	$853,077	$853,077
VENDOR REPAIRS	$43,601	$35,735	$7,866
FIELD TRIPS	$40,296	$33,026	$7,270
SOFTWARE AND SUBSCRIPTI	$24,447	$20,037	$4,410

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,289	TotalAmt
Program Services	$16,576	ProgramServicesAmt
Management And General	$3,648	ManagementAndGeneralAmt
Fundraising	$16,065	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,691,188	TotalAmt
Program Services	$9,728,981	ProgramServicesAmt
Management And General	$946,142	ManagementAndGeneralAmt
Fundraising	$16,065	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,369,915	BOYAmt
EOY	$3,513,384	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$2,011,119	BOYAmt
EOY	$2,009,851	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$1,133,907	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,004,390	BOYAmt
EOY	$33,353	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$32,912	BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$206,417	BOYAmt
EOY	$110,608	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,322,578	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$789,852	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$802,056	BOYAmt
EOY	$532,726	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$41,994	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,426,809	BOYAmt
EOY	$7,375,823	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$259,700	BOYAmt
EOY	$327,334	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$259,700	BOYAmt
EOY	$327,334	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,157,096	BOYAmt
EOY	$7,048,489	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$10,013	BOYAmt
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,167,109	BOYAmt
EOY	$7,048,489	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,426,809	BOYAmt
EOY	$7,375,823	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$901,091	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$1,268	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$18,443	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$743,579	OtherCostOrOtherBasisAmt
Depreciation	$409,625	DepreciationAmt
Book Value	$333,954	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$113,540	OtherCostOrOtherBasisAmt
Depreciation	$48,483	DepreciationAmt
Book Value	$65,057	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$465,459	OtherCostOrOtherBasisAmt
Depreciation	$331,744	DepreciationAmt
Book Value	$133,715	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$532,726	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$11,572,568	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$1,268	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$1,268	RevenueNotReportedAmt
Revenue Subtotal	$11,573,836	RevenueSubtotalAmt
Other Revenues Not Included	$18,443	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$18,443	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$11,592,279	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,691,188	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$10,691,188	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$10,691,188	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE ACADEMY 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.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

QTF 18,443.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	0	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	THE POLICY IS WRITTEN ON APPLICATION MATERIALS.
SCHEDULE E, PART I, LINE 4	N/A - NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED.
SCHEDULE E, PART I, LINE 6	NEW ACADEMY IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM.
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 ANALYZES COMPARABLE SALARY STRUCTURES OF OTHER SCHOOL DISTRICTS TO DETERMINE COMPENSATION AMOUNTS.
FORM 990, PART VI, SECTION C, LINE 19	ALL GOVERNING DOCUMENTS ARE MAINTAINED AT THE CORPORATE OFFICE AND ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	INSTRUCTIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 743,711. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 743,711. NON-INSTRUCTIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 315,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 315,150. OPERATION AND HOUSEKEEPING SERVICES: PROGRAM SERVICE EXPENSES 220,396. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 220,396.
FORM 990, PART XI, LINE 9:	QTF -18,443.