2017-02-06T17:54:21-06:00 2016-06-30 952648289 VAVRINEKTRINEDAY & CO LLP 10681 FOOTHILL BLVD SUITE 300 RANCHO CUCAMONGA CA 91730 990 2015-07-01 262439216 EQUITAS ACADEMY CHARTER SCHOOL INC EQUI 2132010440 1700 W PICO BLVD LOS ANGELES CA 90015 MALKA BORREGO EXECUTIVE DIRECTOR 2132010440 2017-01-27 1 MATTHEW S MILLER P01385220 9094664410 2015 2021-01-29 14:40:06Z MALKA BORREGO 1700 W PICO BLVD LOS ANGELES CA 90015 12956498 0 X WWW.EQUITASACADEMY.ORG X 2009 CA EQUITAS ACADEMY OPERATES 3 PUBLIC CHARTER SCHOOLS PROVIDING EDUCATION TO GRADES K-7 IN FISCAL YEAR 2015-2016 9 9 158 0 0 0 8433606 12956498 0 0 12818 0 0 0 8446424 12956498 0 0 0 0 4239988 6432972 0 0 0 3069481 4974377 7309469 11407349 1136955 1549149 5812557 7344588 2508368 2491250 3304189 4853338 EQUITAS ACADEMY PROVIDES A STRUCTURED, ACHIEVEMENT BASED COMMUNITY THAT PREPARES STUDENTS TO GRADUATE FROM COLLEGE-PREPARATORY HIGH SCHOOLS, FOUR-YEAR COLLEGES, AND UNIVERSITIES. 0 0 7123164 EQUITAS ACADEMY PROVIDES A STRUCTURED, ACHIEVEMENT BASED COMMUNITY THAT PREPARES STUDENTS TO GRADUATE FROM COLLEGE-PREPARATORY HIGH SCHOOLS, FOUR-YEAR COLLEGES, AND UNIVERSITIES. 7123164 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 1 43 0 1 158 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X EXED 3103941152 11858 LA GRANGE AVE 2ND FLOOR LOS ANGELES CA 90025 PILAR BUELNA SECRETARY 2.00 X X 0 0 0 BRETT SNYDER VICE CHAIR 2.00 X X 0 0 0 OLYMPIA AMMON MEMBER 2.00 X 0 0 0 SARAH CHANDLER MEMBER 2.00 X 0 0 0 OLIVER BAJRACHARYA CHAIR 2.00 X X 0 0 0 ALYSSA VALENTINE MEMBER 2.00 X 0 0 0 JESSE CREED MEMBER 2.00 X 0 0 0 CLAUDIA CHUNG SANII MEMBER 2.00 X 0 0 0 AARTHI SOWRIAJAN MEMBER 2.00 X 0 0 0 MALKA BORREGO EXECUTIVE DIRECTOR 50.00 X 177643 0 21623 JON HOST CHIEF OPERATING OFFICER 50.00 X 53035 0 1060 230678 0 22683 1 0 1 0 EXED 11858 LA GRANGE AVE 2ND FLOOR LOS ANGELES CA 90025 BACK OFFICE BUSINESS SERVICES 186488 TOTAL EDUCATION SOLUTIONS 625 FAIR OAKS AVE SUITE 300 SOUTH PASADENA CA 91030 SPECIAL EDUCATION 167390 2 11338173 1618325 12956498 12956498 0 0 0 333294 222308 110986 4876165 3160739 1715426 33965 33965 657014 657014 532534 532534 57246 57246 198515 198515 719075 335919 383156 71480 71480 47424 47424 801257 801257 63996 63996 63281 63281 18102 18102 164113 164113 59595 59595 STUDENT NUTRITION 916044 916044 CAPITAL OUTLAY 448621 448621 REPAIRS AND MAINTENANCE 343234 343234 TEXTBOOKS/MATERIALS 304467 304467 697927 347440 350487 11407349 7123164 4284185 0 2514039 2530062 928529 1611134 180016 150299 1550613 283226 674267 1267387 1515706 1785706 5812557 7344588 425764 586425 667330 1415274 1654825 0 250000 2508368 2491250 X 3304189 4853338 3304189 4853338 5812557 7344588 1549149 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1550613 283226 1267387 1267387 SECURITY DEPOSITS 235706 LONG TERM RECEIVABLES 1300000 INTERCOMPANY RECEIVABLES 250000 1785706 INTERCOMPANY PAYABLES 250000 250000 X 12956498 0 12956498 0 12956498 11407349 0 11407349 0 11407349 PART X, LINE 2: THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTANITY 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 ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECORDED AS PART OF THE INCOME TAX EXPENSE. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BROCHURES, ONLINE APPLICATIONS AND NEWSPAPER ADS. CALIFORNIA PUBLIC CHARTER SCHOOL SCHEDULE E, PART I, LINE 4 NO FINANCIAL ASSISTANCE AWARDED CALIFORNIA PUBLIC CHARTER SCHOOL SCHEDULE E, PART I, LINE 6 CALIFORNIA STATE APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE X 0 0 0 0 0 0 0 0 0 MALKA BORREGO EXECUTIVE DIRECTOR 152643 0 25000 0 0 0 17163 0 4460 0 199266 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE RETURN WILL BE GIVEN TO BOARD MEMBERS BEFORE FILING OF THE RETURN FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE DISCLOSURE FORMS WHICH ARE MONITORED BY THE EXECUTIVE DIRECTOR. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL VOTING AND DISCUSSION ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATIONAL SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR, DIRECTOR OF CURRICULUM AND INSTRUCTIONAL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS LOCATION DURING NORMAL BUSINESS HOURS. FINANCIAL STATEMENTS AND POLICIES MAINTAINED IN A SCHOOL INFORMATION BINDER FOR PARENTS. FORM 990 PART XI LINE 2C NO CHANGE FROM PRIOR YEAR