2018-01-25T16:40:55-06:00 2017-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2016-07-01 262997342 WONDERFUL COLLEGE PREP ACADEMY WOND 6614543000 2070 VENETO ST DELANO CA 93215 RICARDO ESQUIVEL EXECUTIVE DIRECTOR 6614543000 2018-01-25 1 DERRICK DEBRUYNE CPA P00591016 6268577300 2018-01-24 67.137.57.251 2018-01-25 14:40:14 PS P D508D10E8820B6BA10C84F2667D458E385E339FA 48DBEFEFD7A46E197B2A8331B6C1F219A0F9E484 2016 2021-01-29 14:40:06Z NEOMI DONOSO 2070 VENETO ST DELANO CA 93215 15116817 0 X WWW.WONDERFULCOLLEGEPREP.ORG X 2008 CA THE WONDERFUL COLLEGE PREP ACADEMY IS COMMITTED TO PROVIDING A FULL RANGE OF STUDENTS WITH AN ACADEMICALLY CHALLENGING CURRICULUM, INDIVIDUALLY RESPONSIVE AND FULLY INCLUDE IN ITS APPROACH TO TEACHING AND LEARNING, AND DEDICATED TO THE IDEA THAT ALL CHILDREN SHOULD COMPLETE HIGH SCHOOL PREPARED FOR THOUGHTFUL CITIZENSHIP AND READY TO COMPLETE A COLLEGE DEGREE. 5 5 144 25 0 0 11974030 15068501 0 0 4272 5551 16023 42765 11994325 15116817 0 0 0 0 5284706 6958647 0 0 0 5253755 7822009 10538461 14780656 1455864 336161 7144696 5816814 4937637 3273594 2207059 2543220 X THE WONDERFUL COLLEGE PREP ACADEMY IS COMMITTED TO PROVIDING A FULL RANGE OF STUDENTS WITH AN ACADEMICALLY CHALLENGING CURRICULUM, INDIVIDUALLY RESPONSIVE AND FULLY INCLUDE IN ITS APPROACH TO TEACHING AND LEARNING, AND DEDICATED TO THE IDEA THAT ALL CHILDREN SHOULD COMPLETE HIGH SCHOOL PREPARED FOR THOUGHTFUL CITIZENSHIP AND READY TO COMPLETE A COLLEGE DEGREE. 0 0 13516643 42765 THE WONDERFUL COLLEGE PREP ACADEMY PROVIDES AN EXEMPLARY EDUCATION FOR A BROADLY REPRESENTATIVE POPULATION OF STUDENTS FROM DELANO, CALIFORNIA AND SURROUNDING SCHOOL DISTRICTS WITH THE GOALS OF INCREASING THE NUMBER OF STUDENTS WHO COMPLETE A POSTSECONDARY EDUCATION AND CONTRIBUTING TO THE DEVELOPMENT OF STUDENTS AS SELF-MOTIVATED, COMPETENT, LIFELONG LEARNERS. 13516643 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 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 24 0 1 144 1 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X THE ORGANIZATION 6614543000 2070 VENETO ST DELANO CA 93215 NOEMI DONOSO CHAIR 1.00 X X 0 0 0 MARIBEL MORENO MEMBER 1.00 X 0 0 0 SAM RAMIREZ MEMBER 1.00 X 0 0 0 ERNEST UNRUH MEMBER 1.00 X 0 0 0 SHANNON CASTELLANOS MEMBER 1.00 X 0 0 0 RICARDO ESQUIVEL EXECUTIVE DIRECTOR 40.00 X X 164250 0 25968 KENNETH MOORE PRINCIPAL 40.00 X 124977 0 19666 MEGAN MAYZELLE CCPT GRANT DIRECT 40.00 X 109250 0 7243 398477 0 52877 3 0 1 0 0 14783035 285466 15068501 5551 5551 OTHER LOCAL REVENUE 900099 42765 42765 42765 15116817 42765 0 5551 194230 97115 97115 5274636 4814477 460159 508506 466031 42475 826479 745842 80637 154796 139316 15480 165561 165561 1170498 1053448 117050 34861 34861 678285 611190 67095 1173076 1055768 117308 86439 77795 8644 60831 60831 108467 97620 10847 STATE GRANT PASS THROUG 2559159 2559159 INSTRUCTIONAL MATERIALS 1317002 1317002 OTHER EXPENSES 467830 421049 46781 14780656 13516643 1264013 0 3591167 863029 1981374 1996896 1423432 2144239 7722 96622 911081 195053 141001 716028 7144696 5816814 1235462 1037103 91475 230265 3610700 2006226 4937637 3273594 X 2151624 2487785 55435 55435 2207059 2543220 7144696 5816814 336161 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 911081 195053 716028 716028 AMOUNTS HELD FOR OTHERS 9330 REFUNDABLE ADVANCES 1996896 2006226 X 15116817 0 15116817 0 15116817 14780656 0 14780656 0 14780656 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. THE ACADEMY 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 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DOCUMENTS USED TO SOLICIT STUDENTS. SCHEDULE E, PART I, LINE 4 NO RECORDS DOCUMENTING THAT SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE AWARDED ARE MAINTAINED AS THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 THE SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL APPORTIONMENTS. X X 0 0 0 0 0 0 0 0 0 RICARDO ESQUIVEL EXECUTIVE DIRECTOR 164250 0 0 0 0 0 20940 0 5028 0 190218 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RELATED PARTY INFORMATION AMONG OFFICERS - THE WONDERFUL COMPANY LLC WONDERFUL CITRUS LLC BOARD CHAIR BOARD MEMBER EMPLOYEES OF RELATED COMPANIES FORM 990, PART VI, SECTION A, LINE 6 THE RESNICK FOUNDATION, A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION,IS THE SOLE STATUTORY MEMBER OF THIS CORPORATION (THE "STATUTORY MEMBER")AS THE TERM "MEMBER" IS DEFINED IN SECTION 5056 OF THE CALIFORNIA NON PROFIT CORPORATION LAW. THE MEMBERSHIP OF THE STATUTORY MEMBER IN THE CORPORATION IS NOT TRANSFERABLE. FORM 990, PART VI, SECTION A, LINE 7A THE STATUTORY MEMBER (AS DEFINED IN SECTION 5056 OF THE CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION LAW) HAS THE RIGHT TO ELECT OR APPOINT MEMBERS OF THE BOARD OF DIRECTORS AND THE CHAIRPERSON OF THE BOARD, TO REMOVE MEMBERS OF THE BOARD OF DIRECTORS AND THE CHAIRPERSON OF THE BOARD, TO VOTE ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, TO VOTE ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, AND TO VOTE ON ANY ELECTION TO DISSOLVE THE CORPORATION, AND AS OTHERWISE REQUIRED UNDER THE CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION LAW AND/OR SET FORTH IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBERS - THE BOARD SHALL NOT, WITHOUT THE PRIOR WRITTEN APPROVAL OF THE STATUTORY MEMBER, AUTHORIZE OR DIRECT ANY OFFICER OF THE CORPORATION TO PERFORM OR COMMIT ANY OF THE FOLLOWING ACTS: A. BORROW MONEY IN THE NAME OF THE CORPORATION FOR CORPORATE PURPOSES IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000) OR UTILIZE PROPERTY (REAL OR PERSONAL) OWNED BY THE CORPORATION AS SECURITY FOR LOANS IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); B. ASSIGN, TRANSFER, PLEDGE, COMPROMISE OR RELEASE ANY OF THE CLAIMS OF OR DEBTS TO THE CORPORATION IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000) EXCEPT ON PAYMENT IN FULL, OR ARBITRATE OR CONSENT TO THE ARBITRATION OF ANY DISPUTE OR CONTROVERSY OF THE CORPORATION IN EXCESS OF IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); C. MAKE, EXECUTE OR DELIVER ANY ASSIGNMENT FOR THE BENEFIT OF CREDITORS, OR ANY BOND, CONFESSION OF JUDGMENT, CHATTEL MORTGAGE, SECURITY AGREEMENT, DEED, GUARANTY, INDEMNITY BOND, SURETY BOND, OR CONTRACT TO SELL OR BILL OF SALE OF THE PROPERTY OF THE CORPORATION IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); D. ACQUIRE, PURCHASE, DEVELOP, IMPROVE, SELL, LEASE OR MORTGAGE ANY CORPORATE REAL ESTATE OR ANY INTEREST THEREIN OR ENTER INTO ANY CONTRACT FOR ANY SUCH PURPOSES IN EXCESS OF TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000); E. MAKE ANY LOAN OR INVESTMENT OF ANY ASSETS OF THE CORPORATION, OR ENTER INTO ANY CONTRACT OR INCUR ANY LIABILITIES ON BEHALF OF THE CORPORATION OTHER THAN FOR FAIR CONSIDERATION OR IN THE ORDINARY COURSE OF BUSINESS RELATING TO ITS NORMAL DAILY OPERATION; F. MAKE ANY LOAN OF MONEY OR PROPERTY TO OR GUARANTEE THE OBLIGATION OF ANY DIRECTOR OR OFFICER, EXCEPT AS IS EXPRESSLY PERMITTED UNDER SECTION 5236 OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW; G. APPROVE THE SALE, LEASE, CONVEYANCE, EXCHANGE, TRANSFER, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; H. APPROVE THE PRINCIPAL TERMS OF A MERGER OF THE CORPORATION WITH ANOTHER ORGANIZATION; I. APPROVE THE FILING OF A PETITION FOR THE INVOLUNTARY DISSOLUTION OF THE CORPORATION IF STATUTORY GROUNDS FOR SUCH A DISSOLUTION EXIST; J. APPROVE THE VOLUNTARY DISSOLUTION OF THE CORPORATION OR THE REVOCATION OF SUCH AN ELECTION TO DISSOLVE IT; K. APPROVE, REPEAL OR AMEND THE BYLAWS; OR L. APPOINT OR REMOVE ANY MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - THE 990 RETURN PREPARER EMAILS A DRAFT TO THE CFO, WHICH REVIEWS THE DRAFT WITH ALL BOARD MEMBERS PRIOR TO FILING. IF CHANGES ARE MADE TO THE DRAFT, THEN A FINAL COPY IS FORWARDED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A DISCLOSURE STATEMENT WHICH INCLUDES AN ACKNOWLEDGMENT OF HAVING READ AND HAVING AGREED TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES IS DETERMINED BY COMPARING SIMILAR POSITION COMPENSATION PACKAGES FROM THE REGION; THERE IS CONSIDERATION OF EDUCATION AND EXPERIENCE AND THEN ALIGNMENT WITH WHAT BENEFITS PARAMOUNT ACADEMY OFFERS. A COMPENSATION PACKAGE IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. 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 XII, LINE 2C: THE PROCESS HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. RESNICK FOUNDATION 11444 W OLYMPIC BLVD LOS ANGELES CA 90064 954658095 PRIVATE GR CA 501(C)(3) PF N/A 0 SEE PART VII CA N/A 0 0 SEE PART VII CA N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 SEE PART VII SCHEDULE R - GROUP EXEMPTION RELATIONSHIPS DIRECTORS OF THE RESNICK FOUNDATION CONTROL OVER 125 BROTHER/SISTER COMPANIES WITHIN THE MEANING OF THE INSTRUCTIONS. A DETAILED LISTING IS AVAILABLE UPON REQUEST. NONE OF THE BROTHER/SISTER COMPANIES COMPENSATE MS. DONOSO FOR THEIR REPECTIVE TIME SPENT ON WONDERFUL COLLEGE PREP ACADEMY MATTERS. SCHEDULE R - ADDITIONAL INFORMATION SPECIFIC COMPANIES UNDER CONTROL, WHICH HAVE CERTAIN TRANSACTIONS WITH WONDERFUL COLLEGE PREP ACADEMY ARE: EDUCATIONAL LEASING LLC - FACILITY AND EQUIPMENT LEASE