2017-01-31T18:44:35-06:00 2016-06-30 680037990 GILBERT ASSOCIATES INC 2880 GATEWAY OAKS DR STE 100 SACRAMENTO CA 95833 990 2015-07-01 474649648 ASPIRE UNIVERSITY INC ASPI 5104345025 1001 22ND AVE NO 100 OAKLAND CA 94606 DELPHINE SHERMAN CFO 5104345025 2017-01-24 1 KEITH R GLEN P01317613 9166466464 2017-01-24 2015 2021-01-29 14:40:06Z X HEATHER KIRKPATRICK 1001 22ND AVE NO 100 OAKLAND CA 94606 8510294 0 X N/A X 2015 CA TO DEVELOP A HIGH-CALIBER TEACHER, PRINCIPAL, AND LEADER PIPELINE (CON'T) FOR ASPIRE PUBLIC SCHOOLS AND OTHER EDUCATION ORGANIZATIONS IN THE SAME MANNER. 8 8 0 0 0 0 6917327 1592967 0 0 8510294 0 0 2699267 0 0 886102 3585369 4924925 4933661 8736 4924925 X TO DEVELOP A HIGH-CALIBER TEACHER, PRINCIPAL, AND LEADER PIPELINE FOR ASPIRE PUBLIC SCHOOLS AND OTHER EDUCATION ORGANIZATIONS IN THE SAME MANNER. TO SERVE AS AN EDUCATION ORGANIZATION PROVIDING SUPPORT AND SERVICES TO STUDENTS THROUGH COURSE INSTRUCTION AT THE POST-SECONDARY LEVEL TOWARDS POST-GRADUATE DEGREES, CERTIFICATIONS, AND CONTINUING EDUCATIONS, IN PARTICULAR FOR TEACHERS, PRINCIPALS, AND LEADERS. 0 0 0 1592967 ASPIRE UNIVERSITY STRIVES TO DEVELOP A HIGH-CALIBER TEACHER, PRINCIPAL, AND LEADER PIPELINE FOR ASPIRE PUBLIC SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS. THE ORGANIZATION IS IN ITS STARTUP PHASE AS IT SEEKS ACCREDITATION THROUGH WASC SENIOR COLLEGE AND UNIVERSITY COMMISSION. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 1 1 0 CA X DELPHINE SHERMAN 5104345025 1001 22ND AVENUE SUITE 100 OAKLAND CA 94606 X LESLIE HUME CHAIRMAN 2.00 X X 0 0 0 WARREN FELSON VICE CHAIR 2.00 X X 0 0 0 KENJI HAKUTA DIRECTOR 2.00 X 0 0 0 JULIE MIKUTA DIRECTOR 2.00 X 0 0 0 LOUISE MUHLFELD PATTERSON DIRECTOR 2.00 X 0 0 0 SID SMITH DIRECTOR 2.00 X 0 0 0 GRACE VOORHIS DIRECTOR 2.00 X 0 0 0 JAMES WILLCOX DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1574697 5342630 6917327 EDUCATIONAL REVENUE 900099 1592967 1592967 1592967 8510294 1592967 0 0 X 2069909 2069909 112659 112659 408956 408956 107743 107743 17392 17392 656143 656143 5535 5535 3500 3500 93323 93323 32183 32183 5099 5099 BOOKS AND SUPPLIES 66384 66384 6543 6543 3585369 0 3585369 0 0 1440740 0 3277810 0 204811 0 10300 0 4933661 0 8736 0 8736 X 0 1371574 0 3553351 0 4924925 0 4933661 4924925 0 X X 0 1 X 1 1 1 X 6917327 6917327 6917327 6917327 6917327 6917327 1592967 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION APPLIED THE ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FINANCIAL STATEMENTS FOR JUNE 30, 2016 AND 2015. WITH SOME EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO THE YEAR ENDED JUNE 30, 2012. FORM 990, PART VI, SECTION A, LINE 1 ANY COMMITTEE, TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD OR THE BYLAWS, SHALL HAVE ALL THE AUTHORITY OF THE BOARD. THERE ARE FOUR STANDING COMMITTEES INCLUDING: AUDIT, FINANCE, GOVERNANCE AND NOMINATING AND ACADEMIC AFFAIRS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE SOLE CORPORATE MEMBER, ASPIRE PUBLIC SCHOOLS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATIONS SOLE MEMBER HAS ABSOLUTE DISCRETION AND THE RIGHT TO APPROVE OR DISAPPROVE THE SELECTION OF THE INITIAL BOARD, UP TO A NON-MAJORITY OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATIONS SOLE MEMBER HAS ABSOLUTE DISCRETION AND THE RIGHT TO APPROVE OR DISAPPROVE ON GOVERNANCE MATTERS INCLUDING MERGERS, DISSOLUTIONS, THE REMOVAL OR ELECTION OF THE CEO, AMONG OTHERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 CEO: FOR THE MAY 2016 BOARD MEETING, THE CFO AND A BOARD MEMBER GATHERED COMPENSATION DATA ON CEO'S OF COMPARABLE ORGANIZATIONS. THIS WAS REVIEWED AND DISCUSSED ALONG WITH THE PERFORMANCE OF CEO'S BASED ON GOALS SET FORTH AT BEGINNING OF YEAR. THE BOARD UNANIMOUSLY DECIDED TO APPROVE CEO'S FY 16/17 COMPENSATION PRESENTED BY CFO AND BOARD MEMBER. OTHER EMPLOYEES: EACH YEAR IN ADVANCE OF THE MAY BOARD MEETING, THE CEO WILL REVIEW OFFICERS COMPENSATION COMPARED TO MARKET, THE OFFICER'S QUALIFICATION, AND THE ORGANIZATION EXPECTED BUDGET FOR THE FOLLOWING YEAR TO PRESENT FINAL SALARIES TO BE APPROVED BY THE BOARD. THIS PROCESS WAS UNDERTAKEN IN 2016. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE. OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 47,682. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,682. EDUCATIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 608,461. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 608,461. FORM 990, PART XII, LINE 2C THE PROCESS WAS IMPLEMENTED FOR THE FY 15/16. ASPIRE PUBLIC SCHOOLS 1001 22ND AVENUE 100 OAKLNAD CA 94606 943311088 PUBLIC EDUCATION CA 501(C)(3) LINE 11A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 ASPIRE PUBLIC SCHOOLS C 1574697