2017-05-12T16:35:20-05:00 2016-06-30 951777440 GREEN HASSON & JANKS LLP 10990 WILSHIRE BLVD 16TH FLOOR LOS ANGELES CA 900243929 990 2015-07-01 954813155 VALUE SCHOOLS VALU 2133888695 680 WILSHIRE PLACE NO 315 LOS ANGELES CA 90005 GERALDINE JACOBY PRESIDENT/CEO 2133888695 2017-05-10 1 LAUREN A HAVERLOCK P00545829 3108731600 2015 2021-01-29 14:40:06Z GERALDINE JACOBY 680 WILSHIRE PLACE NO 315 LOS ANGELES CA 90005 17891103 0 X WWW.VALUESCHOOLS.COM X 2000 CA VALUE SCHOOLS OPERATES THREE CHARTER SCHOOLS IN LOW-INCOME NEIGHBORHOODS IN LOS ANGELES. 5 5 155 300 0 0 11892934 16937018 625964 718930 1877 0 63496 235155 12584271 17891103 0 0 0 0 7044508 8638137 34400 38400 38400 4876243 6818561 11955151 15495098 629120 2396005 3221787 6260831 1276638 1919677 1945149 4341154 X VALUE SCHOOLS ESTABLISHES AND MAINTAINS PUBLIC CHARTER SCHOOLS IN NEIGHBORHOODS THAT HAVE BEEN TRADITIONALLY UNDERSERVED BY THE PUBLIC SCHOOL SYSTEM. VALUE SCHOOLS OFFERS A SUPERIOR EDUCATIONAL CHOICE FOR FAMILIES LIVING IN HIGH POVERTY AREAS OF LOS ANGELES, PROVIDING A STRONG ACADEMIC PROGRAM IN A VALUES-BASED LEARNING COMMUNITY. 0 0 4208765 219703 VALUE SCHOOLS OPERATES CENTRAL CITY VALUE HIGH SCHOOL, A PUBLIC CHARTER SCHOOL EDUCATING STUDENTS IN GRADES 9-12. AS ONE OF THE TOP PERFORMING HIGH SCHOOLS IN THE AREA, CENTRAL CITY VALUE'S STATE TEST SCORES ON MATH AND ENGLISH LANGUAGE ARTS FAR EXCEED STATE AND DISTRICT AVERAGES. GRADUATION RATE IS NEARLY 100%, WITH OVER 70% OF THOSE GRADUATES ACCEPTED TO FOUR-YEAR COLLEGES OR UNIVERSITIES. THE SCHOOL ALSO PROVIDES RICH EXTRACURRICULAR OPPORTUNITIES INCLUDING A ROBUST TEAM SPORTS PROGRAM AND A WIDE RANGE OF CLUBS. APPROXIMATELY 93% OF CENTRAL CITY'S 483 STUDENTS QUALIFY FOR FREE OR REDUCED PRICED MEALS, A STRONG INDICATOR OF LOW INCOME STATUS. 3671894 316432 VALUE SCHOOLS OPERATES DOWNTOWN VALUE SCHOOL, A PUBLIC K-8 CHARTER SCHOOL SERVING MOSTLY LOW INCOME, HISPANIC/LATINO FAMILIES IN THE PICO-UNION AREA OF LOS ANGELES. DOWNTOWN VALUE HAS SHOWN MORE THAN 15 YEARS OF ACHIEVEMENT GROWTH, AND NOW OUTPERFORMS NEARLY ALL COMPARABLE DISTRICT SCHOOLS IN MATH AND ENGLISH LANGUAGE ARTS. WITH A DEDICATED FACULTY AND STRONG PARENT AND DONOR INVOLVEMENT, DOWNTOWN VALUE ALSO PROVIDES A WIDE ARRAY OF OPPORTUNITIES FOR TEAM ATHLETICS, PERFORMING ARTS, AND SERVICE TO THE COMMUNITY. WITH AN ENROLLMENT CAPACITY OF 456, DOWNTOWN VALUE REGULARLY MAINTAINS A WAITING LIST OF OVER 250 STUDENTS. 2041704 136219 VALUE SCHOOLS OPERATES EVEREST VALUE SCHOOL, A PUBLIC K-8 CHARTER SCHOOL. PENDING ACQUISITION OF A PERMANENT SITE, EVEREST VALUE OPERATES IN A CHURCH-BASED FACILITY IN THE KOREATOWN NEIGHBORHOOD OF LOS ANGELES. ALTHOUGH EVEREST VALUE WILL EVENTUALLY SERVE APPROXIMATELY 450 STUDENTS, THE CONSTRAINTS OF ITS TEMPORARY SPACE LIMITS ENROLLMENT TO APPROXIMATELY 205, WITH A LONG WAITING LIST. THE MAJORITY OF THE SCHOOL'S GRADUATING EIGHTH GRADERS CHOOSE TO ENROLL IN A VALUE SCHOOLS HIGH SCHOOL. IN ADDITION TO ITS STRONG CORE CURRICULUM, EVEREST VALUE OFFERS A MUSIC PROGRAM, A "CHALLENGE CLASS" FOR HIGH ACADEMIC ACHIEVERS, A ROBUST AFTERSCHOOL PROGRAM FOCUSING ON ACADEMICS, LEADERSHIP, SOCIAL SKILLS, AND ATHLETICS. 1716085 46576 VALUE SCHOOLS OPERATES UNIVERSITY PREPARATORY VALUE HIGH SCHOOL, A PUBLIC CHARTER SCHOOL THAT WILL ULTIMATELY SERVE 480 STUDENTS IN GRADES 9-12, MORE THAN 90% OF THEM FROM LOW INCOME FAMILIES. NOW IN ITS SECOND YEAR OF OPERATION, UNIVERSITY PREP VALUE HAS AN ENROLLMENT OF 210 IN ITS FRESHMAN AND SOPHOMORE CLASSES, CURRENTLY IN LEASED SPACE IN A DOWNTOWN LOS ANGELES OFFICE BUILDING. WITH CONSTRUCTION OF A PERMANENT SITE IN THE PICO-UNION NEIGHBORHOOD UNDER WAY, UNIVERSITY PREP EXPECTS TO WELCOME ITS THIRD ENTERING CLASS AT THAT SITE IN THE 2017-18 SCHOOL YEAR, ALLOWING IT TO GROW TO ITS PROJECTED ENROLLMENT OF 480. ALONG WITH A RIGOROUS COMMON CORE EDUCATIONAL PROGRAM AND EXTRACURRICULAR ACTIVITIES, UNIVERSITY PREP VALUE FEATURES INTENSIVE PROGRAMS TO PREPARE HIGH SCHOOL STUDENTS TO GAIN ADMISSION TO HIGH QUALITY UNIVERSITIES AND TO PERSIST AND THRIVE IN HIGHER EDUCATION. 1716085 46576 11638448 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 20 0 1 155 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X RHONDA HOFFARTH 2133888695 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 GRANT CAMBRIDGE CHAIRMAN 2.00 2.00 X X 0 0 0 JODY FOLDESY DIRECTOR 2.00 2.00 X 0 0 0 MARIA AHUMADA DIRECTOR 2.00 0.00 X 0 0 0 JEFFREY GARCIA DIRECTOR 2.00 0.00 X 0 0 0 JOSE RAMOS DIRECTOR 2.00 0.00 X 0 0 0 GERALDINE JACOBY CEO 40.00 1.00 X 147407 0 22168 RHONDA HOFFARTH SECRETARY & TREASURER 40.00 1.00 X 98496 0 20586 DAVID DOYLE PRINCIPAL 40.00 0.00 X 116980 0 13530 CHRISTOPHER MEDINGER PRINCIPAL 40.00 0.00 X 111480 0 17296 JOAQUIN ARROYO PRINCIPAL 40.00 0.00 X 107810 0 19530 ANA CHAVEZ PRINCIPAL 40.00 0.00 X 103745 0 16452 685918 0 109562 5 0 1 0 0 462000 15857378 617640 16937018 NUTRITION PROGRAM REVENUE 900099 718930 718930 718930 MISCELLANEOUS REVENUE 900099 235155 235155 235155 17891103 718930 0 235155 298365 262219 36146 6486180 5662433 823747 625281 569938 55343 833946 760135 73811 394365 172238 222127 21896 21896 84793 84793 38400 38400 460868 9725 451143 80414 62629 17785 1763744 666281 1097463 44296 33091 11205 9135 9135 122950 122950 PROGRAM EXPENSES 1307572 1307572 BOOKS & SUPPLIES 1048606 928470 120136 MEAL DELIVERY 788152 777437 10715 REPAIRS AND MAINTENANCE 125575 125575 960560 426280 534280 15495098 11638448 3818250 38400 1563073 3790588 1212357 1548764 71698 71698 233683 294851 463687 22592 33141 441095 107835 113835 3221787 6260831 385874 646707 233595 8584 450002 657169 814384 1276638 1919677 X 1869440 3732185 75709 608969 1945149 4341154 3221787 6260831 2396005 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27323 5465 21858 18350 17127 1223 418014 418014 441095 DEFERRED RENT 814384 814384 17891103 0 17891103 0 17891103 15495098 0 15495098 0 15495098 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS INCLUDED IN ALL SCHOOL LITERATURE AND IS POSTED IN THE SCHOOLS. THE ENROLLMENT AT BOTH CENTRAL CITY VALUE SCHOOL, DOWNTOWN VALUE SCHOOL, AND EVEREST VALUE SCHOOL ARE 99% MINORITIES. SCHEDULE E, PART I, LINE 6 VALUE SCHOOLS RECEIVES GRANTS FROM THE STATE OF CALIFORNIA DEPARTMENT OF EDUCATION. X X X X 1 JUDITH MCKENNA 680 WILSHIRE PLACE 315 LOS ANGELES CA 90005 GRANT WRITER 0 500000 38400 461600 500000 38400 461600 CA X X X X X 0 0 0 0 0 0 0 0 0 GERALDINE JACOBY CEO 147407 0 0 0 0 0 13983 0 8185 0 169575 0 0 0 JUDITH MCKENNA JUDITH MCKENNA IS THE SISTER OF GERALDINE JACOBY, CEO. 38400 JUDITH MCKENNA PROVIDED GRANT WRITING SERVICES TO THE ORGANIZATION. 0 FORM 990, PART VI, SECTION B, LINE 11 THE CEO REVIEWS THE FORM 990. A COPY IS THEN DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL QUESTIONNAIRES ARE DISTRIBUTED; THE ORGANIZATION WILL CONDUCT PERIODIC REVIEWS AND MAY, BUT NEED NOT, USE OUTSIDE EXPERTS; ANY CONFLICTS WOULD BE RESOLVED THROUGH THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGES FOR ALL OFFICERS INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. THE BOARD USES A COMPENSATION SURVEY AND OTHER FORM 990'S TO DETERMINE THE COMPENSATION FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL BOARD OF DIRECTORS' MEETING AGENDAS AND MINUTES, ALONG WITH FINANCIAL STATEMENTS AND CORPORATE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. VALUE SCHOOLS FOUNDATION 950 W WASHINGTON BLVD LOS ANGELES CA 90015 455233028 TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS CA 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0