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OLD TOWN ACADEMY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
OLD TOWN ACADEMY (EIN 27-4362839)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-12
IRS object ID
201941029349300614
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-04-12T10:26:39-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN272956198PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHRISTY WHITE ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1348 OLIVE STREETAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274362839EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OLD TOWN ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOLDTBusinessNameControlTxt
Phone6195746225PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 SAN DIEGO AVEAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJON CENTOFRANCHIPersonNm
Person TitlePRINCIPALPersonTitleTxt
Phone6195746225PhoneNum
Signature2019-04-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTY WHITEPreparerPersonNm
PTINP01297358PTIN
Phone6192708222PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.175.85.34IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-12IPDt
IP Tm10:26:36IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE49C280B6BA4708EC20175DD0DEA5E15B96A59FDAtSubmissionCreationDeviceId
At Submission Filing Device Id17600920F64716D9DDE448E320811831B1756C1EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 SAN DIEGO AVEAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,970,130GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW,OLDTOWNACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionOLD TOWN ACADEMY IS A PUBLIC CHARTER SCHOOL FOR STUDENTS IN GRADES K-8 LOCATED IN SAN DIEGO, CA.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee37TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,592,695PYContributionsGrantsAmt
CY Contributions Grants$2,950,250CYContributionsGrantsAmt
PY Program Service Revenue$33,787PYProgramServiceRevenueAmt
CY Program Service Revenue$19,158CYProgramServiceRevenueAmt
PY Investment Income$465PYInvestmentIncomeAmt
CY Investment Income$722CYInvestmentIncomeAmt
PY Other Revenue$15,000PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,641,947PYTotalRevenueAmt
CY Total Revenue$2,970,130CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,317,332PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,456,343CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$917,250PYOtherExpensesAmt
CY Other Expenses$1,041,711CYOtherExpensesAmt
PY Total Expenses$2,234,582PYTotalExpensesAmt
CY Total Expenses$2,498,054CYTotalExpensesAmt
PY Revenues Less Expenses$407,365PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$472,076CYRevenuesLessExpensesAmt
Total Assets BOY$831,519TotalAssetsBOYAmt
Total Assets EOY$1,380,195TotalAssetsEOYAmt
Total Liabilities BOY$104,207TotalLiabilitiesBOYAmt
Total Liabilities EOY$180,807TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$727,312NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,199,388NetAssetsOrFundBalancesEOYAmt
MissionTO GRADUATE STUDENTS WITH BOTH THE WORLD-CLASS CORE LEARNING SKILLS AND THE ACTIVE LEARNING HABITS-OF-MIND THEY WILL NEED TO SURVIVE AND THRIV IN HIGH SCHOOL AND IN THE 21ST CENTURY SOCIETY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,215,559ExpenseAmt
Revenue$2,711,030RevenueAmt
DescOLD TOWN ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION TO STUDENTS IN GRADSE K-8. DURING 2017-18, OLD TOWN ACADEMY SERVED APPROXIMATELY 250 STUDENTS. OLD TOWN ACADEMY PROVIDEA A HIGH QUALITY PUBLIC EDUATION IN AN INDIVIDUALIZED, CREATIVE, COLLABORATIVE, EXPERIENTIAL AND EMOTIONALLY SUPPORTIVE ENVIRONMENT THAT CHALLENGES EVERY STUDENT TO REACH HIS OR HER POTENTIAL.Desc
Total Program Service Expenses$2,215,559TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee37EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARTER SCHOOL MANAGEMNT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8889942762PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line143460 RIDGE PARK DRIVE SUITE 100AddressLine1Txt
CityTEMECULACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92590ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KENNETH MORRIS
PRESIDENT2.000.00Yes (X)Yes (X)$0$0$0
JAMES GARTLAND
VICE PRESIDENT2.000.00Yes (X)Yes (X)$0$0$0
RYAN CALLAN
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
CATHIE BERLIN
SECRETARY1.000.00Yes (X)$0$0$0
GABRIEL SOLIS
TRUSTEE/TEACHER35.000.00Yes (X)$55,339$0$5,256
SARAH OZEROFF-SCOTT
TRUSTEE1.000.00Yes (X)$0$0$0
CHRIS COLE
TRUSTEE1.000.00Yes (X)$0$0$0
KAREN PASIECZNY
TRUSTEE1.000.00Yes (X)$0$0$0
KYM TOBIAS
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL TAULBEE
TRUSTEE1.000.00Yes (X)$0$0$0
WILL TOBIAS
TRUSTEE1.000.00Yes (X)$0$0$0
JON CENTOFRANCHI
PRINCIPAL40.000.00Yes (X)$125,000$0$12,300
FieldValueIRS element (for citing)
Total Reportable Comp From Org$180,339TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$17,556TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRI OLDTOWN LPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line12245 SAN DIEGO AVE 125AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92110ZIPCd
FieldValueIRS element (for citing)
ServicesRENTSServicesDesc
Compensation$385,246CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Related Organizations$223,682RelatedOrganizationsAmt
Government Grants$2,711,030GovernmentGrantsAmt
All Other Contributions$15,538AllOtherContributionsAmt
Total Contributions$2,950,250TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTUDENT ACTIVITIESDesc
Business611710BusinessCd
Total Revenue Column$19,158TotalRevenueColumnAmt
Related Or Exempt Func Income$19,158RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$19,158TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$722TotalRevenueColumnAmt
Exclusion$722ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,970,130TotalRevenueColumnAmt
Related Or Exempt Func Income$19,158RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$722ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$197,896TotalAmt
Program Services$173,399ProgramServicesAmt
Management And General$24,497ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$921,111TotalAmt
Program Services$807,090ProgramServicesAmt
Management And General$114,021ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$189,691TotalAmt
Program Services$170,720ProgramServicesAmt
Management And General$18,971ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$110,363TotalAmt
Program Services$100,935ProgramServicesAmt
Management And General$9,428ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$37,282TotalAmt
Program Services$33,517ProgramServicesAmt
Management And General$3,765ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,125TotalAmt
Program Services$7,119ProgramServicesAmt
Management And General$1,006ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,444TotalAmt
Program Services$9,151ProgramServicesAmt
Management And General$1,293ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$250,649TotalAmt
Program Services$226,556ProgramServicesAmt
Management And General$24,093ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,718TotalAmt
Program Services$6,796ProgramServicesAmt
Management And General$1,922ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$523,971TotalAmt
Program Services$459,110ProgramServicesAmt
Management And General$64,861ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$35,781TotalAmt
Program Services$31,352ProgramServicesAmt
Management And General$4,429ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,760TotalAmt
Program Services$2,760ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$21TotalAmt
Program Services$18ProgramServicesAmt
Management And General$3ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$32,067TotalAmt
Program Services$28,098ProgramServicesAmt
Management And General$3,969ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$23,116TotalAmt
Program Services$20,254ProgramServicesAmt
Management And General$2,862ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BOOKS AND SUPPLIES$126,768$121,781$4,987
DISTRICT OVERSIGHT FEES$19,291$16,903$2,388

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,498,054TotalAmt
Program Services$2,215,559ProgramServicesAmt
Management And General$282,495ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$508,022BOYAmt
EOY$788,972EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$14,106BOYAmt
EOY$21,622EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$188,632BOYAmt
EOY$314,152EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$49,475BOYAmt
EOY$21,423EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$371,721LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$171,688LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$26,470BOYAmt
EOY$200,033EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$44,814BOYAmt
EOY$33,993EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$831,519BOYAmt
EOY$1,380,195EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$104,207BOYAmt
EOY$180,807EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$104,207BOYAmt
EOY$180,807EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$662,156BOYAmt
EOY$947,598EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$65,156BOYAmt
EOY$251,790EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$727,312BOYAmt
EOY$1,199,388EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$831,519BOYAmt
EOY$1,380,195EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$472,076ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$187,781OtherCostOrOtherBasisAmt
Depreciation$110,068DepreciationAmt
Book Value$77,713BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$88,262OtherCostOrOtherBasisAmt
Depreciation$61,620DepreciationAmt
Book Value$26,642BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$95,678OtherCostOrOtherBasisAmt
Book Value$95,678BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$200,033TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,970,130TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,970,130RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,970,130TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,498,054TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,498,054ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,498,054TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT BELIEVES ALL OF ITS SIGNIFICANT TAX POSITIONS WOULD BE UPHELD UNDER EXAMINATION; THEREFORE, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE NONDISCRIMINATORY POLICY IS MADE KNOWN THROUGH INFORMATION AVAILABLE ON THE ORGANIZATION'S WEBSITE, WITHIN THE CHARTERING DOCUMENTS FOR THE CALIFORNIA PUBLIC CHARTER SCHOOL, AND OTHER CORRESPONDENCES WITH THE GENERAL PUBLIC.
SCHEDULE E, PART I, LINE 4THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE; THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE IS NOT APPLICABLE AND NO RECORDS FOR SUCH AID ARE MAINTAINED.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION AND THE COUNTY OF SAN DIEGO, CALIFORNIA AS PART OF ITS OPERATIONS A PUBLIC CHARTER SCHOOL.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION WILL WORK WITH A CPA FIRM FOR TAX PREPARATION. A DRAFT OF THE TAX RETURNS WILL BE PROVIDED TO THE PRINCIPAL AND ITS FINANCIAL SERVICES PROVIDER (CSMC) FOR APPROVAL PRIOR TO FILING. ONCE REVIEWED AND APPROVED, THE CPA FIRM WILL BE PROVIDED AUTHORIZATION FROM THE PRINCIPAL TO ELECTRONICALLY SUBMIT THE FORM 990 TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD APPROVES COMPENSATION OF MANAGMENT THROUGH THE USE OF A WRITTEN EMPLOYMENT CONTRACT.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS SUCH AS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IF NOT FOUND ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART IX, LINE 11GTBD: PROGRAM SERVICE EXPENSES 136,529. MANAGEMENT AND GENERAL EXPENSES 24,093. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 160,622. EDUCATIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 90,027. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,027.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1OLD TOWN ACADEMY PARENT FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12120 SAN DIEGO AVENUEAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92110ZIPCd
FieldValueIRS element (for citing)
EIN455222952EIN
Primary ActivitiesSUPPORTING ORGANIZATIONPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12D, III-OPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1OLD TOWN ACADEMY PARENT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$223,682InvolvedAmt
Method Of Amount DeterminationSUPPORTMethodOfAmountDeterminationTxt

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