BETA

DISCOVERY CHARTER PREP SCHOOL: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
DISCOVERY CHARTER PREP SCHOOL (EIN 06-1629227)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-02-01
IRS object ID
201820329349300627
Schema version
2016v3.0
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)
Return2018-02-01T11:57:01-06:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12210 EAST ROUTE 66AddressLine1Txt
CityGLENDORACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91740ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061629227EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DISCOVERY CHARTER PREPARATORYBusinessNameLine1Txt
Business Name Line2SCHOOLBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDISCBusinessNameControlTxt
Phone8188971187PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113570 ELDRIDGE AVEAddressLine1Txt
CitySYLMARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91342ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHERYL SCHUBERTPersonNm
Person TitleCFOPersonTitleTxt
Phone8188971187PhoneNum
Signature2018-01-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWADE MCMULLENPreparerPersonNm
PTINP00541671PTIN
Phone6268577300PhoneNum
Preparation2018-01-31PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-01-31IPDt
IP Tm08:57:50IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF61C3F6AA5B512E0AC0C5D6A558B75DD05771B92AtSubmissionCreationDeviceId
At Submission Filing Device IdE6DDB1567D224D3D21B816316D8AED93C47557D2AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHERYL SCHUBERTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113570 ELDRIDGE AVEAddressLine1Txt
CitySYLMARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91342ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,299,231GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DISCOVERYPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO PROVIDE ITS STUDENTS WITH THE NECESSARY SKILLS AND SUPPORT SO THAT EVERY STUDENT IS PREPARED TO ATTEND COLLEGE UPON GRADUATION FROM HIGH SCHOOL.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee38TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,388,294PYContributionsGrantsAmt
CY Contributions Grants$3,277,546CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income-$379,641CYInvestmentIncomeAmt
PY Other Revenue$777PYOtherRevenueAmt
CY Other Revenue$21,685CYOtherRevenueAmt
PY Total Revenue$3,389,071PYTotalRevenueAmt
CY Total Revenue$2,919,590CYTotalRevenueAmt
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$1,855,799PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,946,987CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,296,828PYOtherExpensesAmt
CY Other Expenses$1,721,069CYOtherExpensesAmt
PY Total Expenses$3,152,627PYTotalExpensesAmt
CY Total Expenses$3,668,056CYTotalExpensesAmt
PY Revenues Less Expenses$236,444PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$748,466CYRevenuesLessExpensesAmt
Total Assets BOY$3,553,294TotalAssetsBOYAmt
Total Assets EOY$1,701,038TotalAssetsEOYAmt
Total Liabilities BOY$199,228TotalLiabilitiesBOYAmt
Total Liabilities EOY$265,438TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,354,066NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,435,600NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE ITS STUDENTS WITH THE NECESSARY SKILLS AND SUPPORT SO THAT EVERY STUDENT IS PREPARED TO ATTEND COLLEGE UPON GRADUATION FROM HIGH SCHOOL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,224,352ExpenseAmt
Revenue$21,685RevenueAmt
DescA CHARTER SCHOOL PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY.Desc
Total Program Service Expenses$3,224,352TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee38EmployeeCnt
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
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHERYL SCHUBERTPersonNm
Phone8188971187PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113570 ELDRIDGE AVEAddressLine1Txt
CitySYLMARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91342ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAS DHILLON
TREASURER2.00Yes (X)Yes (X)$0$0$0
ALONDRA HERNANDEZ
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
JULIAN ALMARAZ
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DR KEN NIELSEN
MEMBER2.00Yes (X)$0$0$0
LORI BROGIN
FORMER SECRETARY0.00Yes (X)$0$0$0
DR KAREN SMITH
PRINCIPAL40.00Yes (X)$90,493$0$10,228
SHERYL SCHUBERT
CFO40.00Yes (X)$85,050$0$16,617
FieldValueIRS element (for citing)
Total Reportable Comp From Org$175,543TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$26,845TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$3,277,546GovernmentGrantsAmt
Total Contributions$3,277,546TotalContributionsAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$379,641OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$379,641OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$379,641TotalRevenueColumnAmt
Exclusion-$379,641ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$21,685TotalRevenueColumnAmt
Related Or Exempt Func Income$21,685RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$21,685OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,919,590TotalRevenueColumnAmt
Related Or Exempt Func Income$21,685RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$379,641ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$238,750TotalAmt
Program Services$126,537ProgramServicesAmt
Management And General$112,213ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,409,555TotalAmt
Program Services$1,351,350ProgramServicesAmt
Management And General$58,205ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$99,110TotalAmt
Program Services$89,199ProgramServicesAmt
Management And General$9,911ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$176,287TotalAmt
Program Services$168,591ProgramServicesAmt
Management And General$7,696ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$23,285TotalAmt
Program Services$19,094ProgramServicesAmt
Management And General$4,191ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$27,279TotalAmt
Program Services$27,279ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,199TotalAmt
Management And General$19,199ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$20,469TotalAmt
Management And General$20,469ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$494,082TotalAmt
Program Services$468,868ProgramServicesAmt
Management And General$25,214ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,867TotalAmt
Program Services$21,867ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$166,436TotalAmt
Program Services$145,360ProgramServicesAmt
Management And General$21,076ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$73,934TotalAmt
Program Services$73,934ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$457,491TotalAmt
Program Services$375,143ProgramServicesAmt
Management And General$82,348ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,574TotalAmt
Program Services$2,317ProgramServicesAmt
Management And General$257ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$12,647TotalAmt
Program Services$11,382ProgramServicesAmt
Management And General$1,265ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$80,658TotalAmt
Program Services$80,658ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$85,353TotalAmt
Program Services$3,693ProgramServicesAmt
Management And General$81,660ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
INSTRUCTIONAL MATERIALS$228,198$228,198
OTHER EXPENSES$30,882$30,882

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,668,056TotalAmt
Program Services$3,224,352ProgramServicesAmt
Management And General$443,704ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,670,374BOYAmt
EOY$1,251,709EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$321,844BOYAmt
EOY$304,381EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt
EOY$32,027EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$209,782LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$96,861LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$491,076BOYAmt
EOY$112,921EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,553,294BOYAmt
EOY$1,701,038EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$199,228BOYAmt
EOY$109,569EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$102,866EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$53,003EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$199,228BOYAmt
EOY$265,438EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,354,066BOYAmt
EOY$1,435,600EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,354,066BOYAmt
EOY$1,435,600EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,553,294BOYAmt
EOY$1,701,038EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$748,466ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1,170,000OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,006OtherCostOrOtherBasisAmt
Depreciation$3,276DepreciationAmt
Book Value$7,730BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,197OtherCostOrOtherBasisAmt
Depreciation$943DepreciationAmt
Book Value$25,254BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$172,579OtherCostOrOtherBasisAmt
Depreciation$92,642DepreciationAmt
Book Value$79,937BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$112,921TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
AMOUNT HELD FOR OTHERS$9,601
DEFERRED RENT LIABILITY$43,402
FieldValueIRS element (for citing)
Total Liability$53,003TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,299,231TotalRevEtcAuditedFinclStmtAmt
Other Revenue$379,641OtherRevenueAmt
Revenue Not Reported$379,641RevenueNotReportedAmt
Revenue Subtotal$2,919,590RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,919,590TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,668,056TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,668,056ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,668,056TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL 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.
PART XI, LINE 2D - OTHER ADJUSTMENTS:LOSS ON DISPOSAL OF FIXED ASSETS 379,641.

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 RecsYes (1)MaintainScholarshipsRecsInd
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3NONDISCRIMINATION POLICY IS POSTED ON THE SCHOOL WEBSITE HOME PAGE, ADMISSION PAGE, AND ON VARIOUS SCHOOL PUBLICATIONS
SCHEDULE E, PART I, LINE 6DISCOVERY CHARTER PREPARATORY SCHOOL 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 (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 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 12CTHE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15THE 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 18THE SCHOOL PROVIDES A COPY OF THE 990 TO THE PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCUSTODIAL PERSONNEL: PROGRAM SERVICE EXPENSES 51,234. MANAGEMENT AND GENERAL EXPENSES 6,332. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,566. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 3,822. MANAGEMENT AND GENERAL EXPENSES 472. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,294. CONSULTANTS : PROGRAM SERVICE EXPENSES 148,952. MANAGEMENT AND GENERAL EXPENSES 18,410. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,362. CONTRACTED CLASSES/TUTORS: PROGRAM SERVICE EXPENSES 72,476. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,476. CONSULTANT SPECIAL EDUC: PROGRAM SERVICE EXPENSES 192,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 192,384.
FORM 990, PART XI, LINE 9:TRANSFER TO RELATED LLC -1,170,000.
FORM 990, PART XII, LINE 2CNO CHANGES TO THE ORGANIZATION OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1DCPS PROPERTIESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line113570 ELDRIDGE AVEAddressLine1Txt
CitySYLMARCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91342ZIPCd
FieldValueIRS element (for citing)
EIN812939821EIN
Primary ActivitiesPROPERTY HOLDINGPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)3ExemptCodeSectionTxt
Public Charity StatusEXEMPTPublicCharityStatusTxt
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 Org0GiftGrntCapContriFromOthOrgInd
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 OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
DCPS PROPERTIES
K$280,342FMV
DCPS PROPERTIES
R$1,170,000FMV

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