BETA

NOVA ACADEMY: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
NOVA ACADEMY (EIN 32-0079174)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-04
IRS object ID
201711249349302076
Schema version
2015v3.0
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)
Return2017-05-04T19:57:47-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN952648289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VAVRINEKTRINEDAY & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110681 FOOTHILL BLVD SUITE 300AddressLine1Txt
CityRANCHO CUCAMONGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91730ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN320079174EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NOVA ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNOVABusinessNameControlTxt
Phone7145435437PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 W SANTA ANA BLVDAddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRENEE LANCASTERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7145435437PhoneNum
Signature2017-04-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCATHERINE L GRAYPreparerPersonNm
PTINP01294460PTIN
Phone9094664410PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerRENEE LANCASTERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 W SANTA ANA BLVDAddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,478,624GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NOVA-ACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO 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,ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee84TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,446,891PYContributionsGrantsAmt
CY Contributions Grants$7,466,512CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,949PYInvestmentIncomeAmt
CY Investment Income$12,112CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,448,840PYTotalRevenueAmt
CY Total Revenue$7,478,624CYTotalRevenueAmt
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$3,559,998PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,628,586CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,160,987PYOtherExpensesAmt
CY Other Expenses$2,832,943CYOtherExpensesAmt
PY Total Expenses$5,720,985PYTotalExpensesAmt
CY Total Expenses$6,461,529CYTotalExpensesAmt
PY Revenues Less Expenses$727,855PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,017,095CYRevenuesLessExpensesAmt
Total Assets BOY$3,161,393TotalAssetsBOYAmt
Total Assets EOY$4,685,381TotalAssetsEOYAmt
Total Liabilities BOY$127,292TotalLiabilitiesBOYAmt
Total Liabilities EOY$634,185TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,034,101NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,051,196NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,326,546ExpenseAmt
DescNOVA 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.Desc
Total Program Service Expenses$4,326,546TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 RequiredYes (1)ScheduleJRequiredInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee84EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 Body0Form990ProvidedToGvrnBodyInd
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 Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7145435437PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 W SANTA ANA BLVDAddressLine1Txt
CitySANTA ANACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
NORM LESTER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
SANFORD OTSUJI
CHAIR1.00Yes (X)Yes (X)$0$0$0
SUSAN GARRETT
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
DAVID SHEA
DIRECTOR1.00Yes (X)Yes (X)$0$0$0
BRENDA GONZALES
DIRECTOR1.00Yes (X)$0$0$0
GLORIA GRANA
DIRECTOR1.00Yes (X)$0$0$0
KAREN LESTER
TREASURER1.00Yes (X)$0$0$0
RENEE LANCASTER
EXECUTIVE DIRECTOR OF EDUC40.00Yes (X)$139,088$0$16,369
FieldValueIRS element (for citing)
Total Reportable Comp From Org$139,088TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$16,369TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACOMPUCOBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2061AddressLine1Txt
CityNEWPORT BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92659ZIPCd
FieldValueIRS element (for citing)
ServicesCOMPUTER/IT SUPPORTServicesDesc
Compensation$125,042CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$7,383,448GovernmentGrantsAmt
All Other Contributions$83,064AllOtherContributionsAmt
Total Contributions$7,466,512TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,112TotalRevenueColumnAmt
Exclusion$12,112ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,478,624TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$12,112ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$139,088TotalAmt
Program Services$139,088ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,725,808TotalAmt
Program Services$2,029,864ProgramServicesAmt
Management And General$695,944ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$223,552TotalAmt
Program Services$201,944ProgramServicesAmt
Management And General$21,608ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$540,138TotalAmt
Program Services$493,014ProgramServicesAmt
Management And General$47,124ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$881,835TotalAmt
Management And General$881,835ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$686,580TotalAmt
Program Services$686,580ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$71,713TotalAmt
Management And General$71,713ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$678TotalAmt
Management And General$678ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$45,531TotalAmt
Management And General$45,531ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$88,545TotalAmt
Management And General$88,545ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
INSTRUCTIONAL MATERIALS$414,919$414,919
STUDENT NUTRITION$338,026$338,026
COMMUNICATIONS$162,205$162,205
SUPPLIES$67,174$67,174

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$75,737TotalAmt
Program Services$23,111ProgramServicesAmt
Management And General$52,626ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,461,529TotalAmt
Program Services$4,326,546ProgramServicesAmt
Management And General$2,134,983ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$517,178BOYAmt
EOY$888,276EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$631,712BOYAmt
EOY$504,116EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$106,224BOYAmt
EOY$58,360EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$833,704LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$256,328LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$173,865BOYAmt
EOY$577,376EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,679,302BOYAmt
EOY$2,604,141EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$53,112BOYAmt
EOY$53,112EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,161,393BOYAmt
EOY$4,685,381EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$61,745BOYAmt
EOY$584,181EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$65,547BOYAmt
EOY$50,004EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$127,292BOYAmt
EOY$634,185EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,034,101BOYAmt
EOY$4,051,196EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,034,101BOYAmt
EOY$4,051,196EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,161,393BOYAmt
EOY$4,685,381EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,017,095ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$833,704OtherCostOrOtherBasisAmt
Depreciation$256,328DepreciationAmt
Book Value$577,376BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$577,376TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescCOUNTY TREASURY INVESTMENT POOLDesc
Book Value$2,604,141BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,604,141TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,478,624TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,478,624RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,478,624TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,461,529TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,461,529ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,461,529TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

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 Recs0MaintainScholarshipsRecsInd
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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3IN 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 4NO FINANCIAL ASSISTANCE AWARDED CALIFORNIA PUBLIC CHARTER SCHOOL
SCHEDULE E, PART I, LINE 6CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonRENEE LANCASTERPersonNm
TitleEXECUTIVE DIRECTOR OF EDUCTitleTxt
Base Compensation Filing Org$139,088BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$15,534DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$835NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$155,457TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DONALD A VERLEUR, PRESIDENT AND FOUNDER OF NOVA ACADEMY,IS THE FATHER OF RENEE LANCASTER, EXECUTIVE DIRECTOR OF NOVA ACADEMY.
FORM 990, PART VI, SECTION B, LINE 11THE 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 12CEACH 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 15ATHE 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 19THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS UPON REQUEST.
FORM 990, PART IX, LINE 11GEDUCATIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 881,835. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 881,835.

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