2018-04-06T17:40:18-05:00 2017-06-30 952648289 VAVRINEKTRINEDAY & CO LLP 10681 FOOTHILL BLVD SUITE 300 RANCHO CUCAMONGA CA 91730 990 2016-07-01 320079174 NOVA ACADEMY NOVA 7145435437 500 W SANTA ANA BLVD SANTA ANA CA 92701 RENEE LANCASTER EXECUTIVE DIRECTOR 7145435437 2018-03-24 1 CATHERINE L GRAY P01294460 9094664410 65.60.100.226 2018-03-24 06:37:00 PD P 11DC6297F7A6BBE37955DC8ADC41BBDF85C770AA 11DC6297F7A6BBE37955DC8ADC41BBDF85C770AA 2016 2021-01-29 14:40:06Z RENEE LANCASTER 500 W SANTA ANA BLVD SANTA ANA CA 92701 8363029 0 X WWW.NOVA-ACADEMY.ORG X 2002 CA TO EDUCATE AND PREPARE ALL STUDENTS TO BE SUCCESSFUL IN COLLEGE, CAREER AND LIFE. NOVA ACADEMY IS DEDICATED TO THE VISION OF PROVIDING UNDERREPRESENTED STUDENTS ACCESS TO AN ACADEMICALLY RIGOROUS, BLENDED HIGH SCHOOL/COLLEGE CURRICULUM, 7 5 81 200 0 0 7466512 8341731 0 0 12112 21298 0 0 7478624 8363029 0 0 0 0 3628586 4144791 0 0 0 2832943 3413135 6461529 7557926 1017095 805103 4685381 5241484 634185 385185 4051196 4856299 X TO INSPIRE, EDUCATE, AND PREPARE ALL STUDENTS TO BE SUCCESSFUL IN COLLEGE, CAREER, AND IN LIFE. NOVA ACADEMY HELPS EDUCATIONALLY DISADVANTAGED STUDENTS ENJOY GREATER ACADEMIC SUCCESS. PROVIDES STUDENTS WITH THE OPPORTUNITY TO ATTEND COLLEGE CLASSES IN HIGH SCHOOL AND SEAMLESSLY TRANSITION INTO HIGHER EDUCATION. 0 0 5771220 NOVA ACADEMY PROVIDES EDUCATION AT AN EARLY COLLEGE LEVEL FOR HIGH SCHOOL STUDENTS, GRADES 9-12. IT OPERATES TWO CHARTER SCHOOLS THAT WORK IN PARTNERSHIP WITH THEIR RESPECTIVE SCHOOL DISTRICTS. BOTH CHARTERS SCHOOLS OFFER DUAL ENROLLMENT WITH OPPORTUNITIES FOR STUDENTS TO TAKE TRANSFERABLE COLLEGE COURSES FROM COMMUNITY COLLEGE, PRIVATE COLLEGES AND FROM THE UNIVERSITY OF CALIFORNIA SCHOOLS. AT BOTH LOCATIONS, STUDENTS ARE ABLE TO ENROLL IN COLLEGE COURSES CONCURRENTLY WITH CHARTER SCHOOL CLASSES IN ORDER TO SUCCESSFULLY TRANSITION INTO HIGHER EDUCATION AFTER HIGH SCHOOL. 5771220 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 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 0 0 0 0 1 33 0 1 81 1 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X X THE ORGANIZATION 7145435437 500 W SANTA ANA BLVD SANTA ANA CA 92701 NORM LESTER SECRETARY 2.00 X 0 0 0 SANFORD OTSUJI CHAIR 2.00 X 0 0 0 DR SUSAN GARRETT VICE CHAIR 2.00 X 0 0 0 DAVID SHEA MEMBER 2.00 X 0 0 0 BRENDA GONZALES MEMBER 2.00 X 0 0 0 GLORIA GRANA MEMBER 2.00 X 0 0 0 KAREN LESTER TREASURER 2.00 X 0 0 0 RENEE LANCASTER EXECUTIVE DIRECTOR OF EDUC 40.00 X 146321 0 19271 DR DONALD VERLEUR CEO 20.00 X 0 0 0 JOHN BOWEN DIRECTOR OF OPERATIONS 40.00 X 106638 0 21114 252959 0 40385 2 0 1 0 OLIVE CREST 2130 E 4TH STREET 200 SANTA ANA CA 92705 FACILITY RENT 229500 ACOMPUCO 2401 E KATELLA ORANGE CA 92806 COMPUTER/IT SUPPORT 151319 DELTA MANAGED SOLUTIONS 1451 RIV PARK DR 180 SACRAMENTO CA 95815 BACK OFFICE SUPPORT 145800 SCHOOL NUTRITION PLUS 6424 CLARA ST BELL GARDENS CA 90201 SCHOOL MEAL SERVICE 128479 SPRAYTECH DRYWALL CONTRACTORS 1042 N MOUNTAIN UPLAND CA 91786 CONTRUCTION PROJECTS 118650 5 8244253 97478 8341731 21298 21298 8363029 0 0 21298 X 170399 170399 3098245 2418436 679809 208035 189312 18723 668112 607982 60130 961782 826494 135288 1049393 924554 124839 72016 2464 69552 142 142 94191 94191 74953 74953 INSTRUCTIONAL MATERIALS 424410 424410 STUDENT NUTRITION 207169 207169 COMMUNICATIONS 186687 186687 MAINTENANCE 182694 182694 159698 159698 7557926 5771220 1786706 0 888276 283496 504116 538494 58360 37732 865719 338269 577376 527450 2604141 3843200 53112 11112 4685381 5241484 584181 317765 33291 50004 34129 634185 385185 X 4051196 4856299 4051196 4856299 4685381 5241484 805103 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 865719 338269 527450 527450 COUNTY TREASURY INVESTMENT POOL 3843200 F 3843200 X 8363029 0 8363029 0 8363029 7557926 0 7557926 0 7557926 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENTS HAS BEEN MADE TO THE FINANCIAL STATEMENTS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN THE NOVA ACADEMY RECRUITMENT MATERIAL IT STATES "NOVA ACADEMY EARLY COLLEGE HIGH SCHOOL WILL NOT DISCRIMINATE ON THE BASIS OF RACE,ETHNICITY,GENDER, NATIONAL ORIGIN, RELIGION, DISABILITY, OR ANY OTHER CLASS PROTECTED BY STATE OR FEDERAL LAW OR LOCAL ORDINANCE IN THE ADMINISTRATION OF ITS PROGRAMS, ADMISSION POLICIES, AND ALL OTHER OPERATIONS." SCHEDULE E, PART I, LINE 4 NO FINANCIAL ASSISTANCE AWARDED CALIFORNIA PUBLIC CHARTER SCHOOL SCHEDULE E, PART I, LINE 6 CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE 1 X X X 0 0 0 0 0 0 0 0 0 RENEE LANCASTER EXECUTIVE DIRECTOR OF EDUC 146321 0 0 0 0 0 19012 0 259 0 165592 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DONALD A VERLEUR, PRESIDENT AND FOUNDER OF NOVA ACADEMY,IS THE FATHER OF RENEE LANCASTER, EXECUTIVE DIRECTOR OF NOVA ACADEMY. NORM AND KAREN LESTER BOARD MEMBERS ARE MARRIED FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND CHIEF BUSINESS OFFICER. THE FORM IS ALSO PRESENTED AND PROVIDED TO THE BOARD MEMBERS AT THE FIRST FORMAL BOARD MEETING FOLLOWING THE COMPLETION OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF DIRECTORS REVIEWS THE WRITTEN CONFLICT OF INTEREST POLICY. THE BOARD IS ASKED TO CERTIFY THAT THERE ARE NO INTRESTS THAT WOULD CONFLICT WITH THEIR ABILITY TO SERVE AS A BOARD MEMBER. THE CERTIFICATION IS DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION PERFORMS A STUDY EACH YEAR LOOKING AT COMPARABLE INDUSTRY STANDARD FOR SALARIES AND APPLIED THOSE STANDARDS ACROSS THE POSITIONS IT HAS. THE SALARIES OF THE KEY EMPLOYEES ARE INCLUDED IN THE BUDGET PRESENTED TO THE BOARD PRIOR TO THE BEGINNING OF THE FISCAL YEAR. THE BOARD OF DIRECTORS HAS THE ABILITY TO MODIFY OR CHANGE THE COMPENSATIONS THROUGH A MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS UPON REQUEST. FORM 990, PART IX, LINE 11G EDUCATIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 826,494. MANAGEMENT AND GENERAL EXPENSES 135,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 961,782.