2019-06-27T16:57:25-05:00 2018-07-31 410746749 CLIFTONLARSONALLENLLP 2210 E ROUTE 66 GLENDORA CA 91740 990 2017-08-01 943205455 PARTNERS IN SCHOOL INNOVATION PART 4158246196 1060 TENNESSEE STREET FLOOR 2 SAN FRANCISCO CA 94107 DEREK MITCHELL CEO 4158246196 2019-06-26 WADE MCMULLEN P00541671 6268577300 67.137.57.251 2019-06-26 15:42:33 PD 94320520191680364e00 2019-06-17 P 66528650B4CFBDD6900F8FE16C7CFA4D2AF7FC52 75B8C5112DBF31B05DDC7AE92B743734F7518E9C 2017 2019-02-21 02:37:17Z X DEREK MITCHELL 1060 TENNESSEE STREET FLOOR 2 SAN FRANCISCO CA 94107 5261112 0 X www.partnersinschools.org X 1994 CA TO ENABLE PUBLIC SCHOOLS IN LOW-INCOME COMMUNITIES NATIONALLY TO ACHIEVE EDUCATIONAL EQUITY THROUGH SCHOOL-BASED REFORM. 10 9 39 9 0 0 1982126 1312179 3253110 3883789 0 9 4091 65135 5239327 5261112 0 0 0 0 4976416 4735776 0 0 227769 663748 822936 5640164 5558712 -400837 -297600 826195 321144 1594822 1387371 -768627 -1066227 TO ENABLE PUBLIC SCHOOLS IN LOW-INCOME COMMUNITIES NATIONALLY TO ACHIEVE EDUCATIONAL EQUITY THROUGH SCHOOL-BASED REFORM. 0 0 4200973 3890739 PROVIDE ON-SITE CHANGE LEADERS WHO ENGAGE SCHOOL STAFF IN INTENSIVE, RESULTS-ORIENTED, CONTINUOUS IMPROVEMENT THAT ENABLES SCHOOL STAFF FIRST TO LEARN HOW TO ACCELERATE THE LEARNING OF THEIR STUDENTS AND SECOND HOW TO SUSTAIN CONTINUOUS IMPROVEMENT AFTER OUR PARTNERSHIP WITH SCHOOLS IN LOW-INCOME COMMUNITIES NATIONALLY. 4200973 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 39 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 1 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 CA X DEREK MITCHELL 4158246196 1060 TENNESSEE STREET FLOOR 2 SAN FRANCISCO CA 94107 JULIEN PHILLIPS MEMBER 1.00 X 0 0 0 KRISTIN CHEN MEMBER 1.00 X 0 0 0 DEBBRA LINDO MEMBER 1.00 X 0 0 0 ROB BOUDROW BOARD CHAIR 1.00 X X 0 0 0 JOYCE MONTGOMERY MEMBER 1.00 X 0 0 0 JENNIFER O'DAY MEMBER 1.00 X 0 0 0 SHARMEEN BROWAREK MEMBER 1.00 X 0 0 0 CHRISTOPHER ROSENBURG MEMBER 1.00 X 0 0 0 DR MARVIN LYNN MEMBER 1.00 X 0 0 0 MICHAEL HORNSBY VICE CHAIR 1.00 X X 0 0 0 DERRICK MITCHELL CEO 40.00 X X 225000 0 12656 JAMES AHRENS CFO 40.00 X 31021 0 0 WILLIAM HILL REGIONAL EXEC DIR 40.00 X 173015 0 6732 KRISTINA MARTIN Chief Staff & Strategy Officer 40.00 X 150605 0 7308 TOVI SCRUGGS REGIONAL EXEC DIR 40.00 X 145322 0 6506 RYAN STEWART SENIOR DIRECTOR 40.00 X 144942 0 6167 JESSE J HINUEBER SENIOR DIRECTOR 40.00 X 137886 0 7404 1007791 0 46773 12 0 1 0 0 1312179 1312179 SCHOOL AND DISTRICT FE 611710 3883789 3883789 3883789 9 9 Net Indemnification 611710 58185 58185 OTHER REVENUE 611710 6950 6950 65135 5261112 3890739 0 58194 327044 327044 3536816 3025708 344017 167091 531360 428028 79695 23637 340556 267607 58171 14778 39220 39220 107900 44611 63289 2008 2008 96312 38336 44879 13097 124516 109883 14633 44117 30077 14040 276957 198403 69388 9166 7819 7819 25130 25130 8525 8525 32112 32112 OTHER EXPENSES 58320 58320 5558712 4200973 1129970 227769 601334 318144 218000 3000 106849 106849 6861 0 826195 321144 524822 482482 600000 390000 188500 470000 326389 1594822 1387371 X -1165476 -1130927 396849 64700 -768627 -1066227 826195 321144 -297600 0 X 0 1 X 1 0 X 6128676 5327847 4625686 5235236 5195968 26513413 6128676 5327847 4625686 5235236 5195968 26513413 26513413 1069 317 21930 17 9 23342 8176 14326 4074 65135 91711 26628466 0.99570 0.99630 X 106849 106849 0 0 X 5261112 0 5261112 0 5261112 5558712 0 5558712 0 5558712 Part X, Line 2: PSI 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. PSI is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. PSI files and exempt School return and applicable unrelated business income tax return in the U.S. federal jurisdiction and with the California Franchise Tax Board. 0 0 0 0 0 0 0 0 0 DERRICK MITCHELL CEO 225000 0 0 0 0 0 12656 0 0 0 237656 0 0 0 WILLIAM HILL REGIONAL EXEC DIR 173015 0 0 0 0 0 6732 0 0 0 179747 0 0 0 KRISTINA MARTIN Chief Staff & Strategy Officer 150605 0 0 0 0 0 7308 0 0 0 157913 0 0 0 TOVI SCRUGGS REGIONAL EXEC DIR 145322 0 0 0 0 0 6506 0 0 0 151828 0 0 0 RYAN STEWART SENIOR DIRECTOR 144942 0 0 0 0 0 6167 0 0 0 151109 0 0 0 Julien R Phillips Board Member Temporary Operating Loan X 165000 165000 0 1 1 Derek Mitchell CEO Temporary Operating Loan X 50000 23500 0 1 0 188500 Form 990, Part VI, Section A, line 5 During the year ended July 31, 2018, PSI experienced loss due to misappropriation of assets and indemnification conducted by a former employee. PSI consulted with legal counsel and is currently seeking repayment from the former employee for the misappropriate fund amount. For the year ended July 31, 2018, the misappropriation loss was $67,026, of which total misappropriation loss since 2012 totaled $274,636. The former employee repaid $125,211 during the year ended July 31, 2018. The indemnification loss, net of repayments for the year ended July 31, 2018 was $58,185, is shown as non-operating revenue. Form 990, Part VI, Section B, line 11b A draft of the Form 990 Is given to the members of the Board's Executive Committee to review before submission. Form 990, Part VI, Section B, line 15a The CEO's compensation Is validated by market comparability data and was reviewed and approved by members of the Executive Committee. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents and f1nanc1al statements available upon request. Form 990 B During the year ended July 31, 2018, PSI experienced loss due to misappropriation of assets and indemnification conducted by a former employee. Additional changes were made to the return after the audit was complete.