2017-05-15T13:24:27-07:00 2016-06-30 860540978 JOHNSON GOFF & COMPANY PLLC 8777 E VIA DE VENTURA STE 245 SCOTTSDALE AZ 852583345 990 2015-07-01 861017522 PRIMAVERA TECHNICAL LEARNING CENTER PRIM 4804566678 2471 N ARIZONA AVE CHANDLER AZ 85225 DAMIAN CREAMER CEO 4804566678 2017-05-15 true MARIA KREY CPA P00020362 4809480060 2017-05-15 2015 2021-01-29 14:40:06Z DAMIAN CREAMER 2471 N ARIZONA AVENUE CHANDLER AZ 85225 3700631 false X WWW.PRIMAVERATECH.ORG X 2001 AZ TO BUILD AND MANAGE THE HIGHEST QUALITY, NATIONWIDE SCHOOLS, DELIVERING RIGOROUS EDUCATION IN A VIRTUAL LEARNING ENVIRONMENT THAT CREATES A SUSTAINABLE, POSITIVE IMPACT ON A STUDENT'S LIFE. 5 3 302 5 0 2971806 55491 29319264 0 1342044 3284048 20191 348129 33653305 3687668 0 0 10585091 231632 0 0 21432286 3538778 32017377 3770410 1635928 -82742 48889141 44867579 3437028 325757 45452113 44541822 X TO BUILD AND MANAGE THE HIGHEST QUALITY, NATIONWIDE SCHOOLS, DELIVERING RIGOROUS EDUCATION IN A VIRTUAL LEARNING ENVIRONMENT THAT CREATES A SUSTAINABLE, POSITIVE IMPACT ON A STUDENT'S LIFE. false true 2305636 THE ORGANIZATION CONDUCTED VARIOUS STUDIES AND DUE DILIGENCE ACTIVITIES TO ESTABLISH THE SPRINGBOARD FROM WHICH TO LAUNCH ITS VISION FOR NATIONWIDE SCHOOLS. 2305636 true false false false false false false false false false true false false false true false false false true false false false false false false false false false false true false false false true false false false true false false false false false false false false false true 48 0 302 true false false false false false false false false false false X 5 3 true false false false false false false true true false false false true false true true true true true false X ROSS MUSIL 4804052634 2471 N ARIZONA AVE CHANDLER AZ 85225 TROY WALLIN DIRECTOR 1.00 X 0 0 0 SCOTT BARKER DIRECTOR 1.00 X 0 0 0 MICHAEL STECK DIRECTOR 1.00 X 0 0 0 MAVEONIEN CREAMER COO 40.00 X 158217 0 2743 DAMIAN CREAMER CEO 40.00 X 29286 0 4620 187503 7363 1 false true false CHASSE BUILDING TEAM 2400 W BROADWAY ROAD MESA AZ 85202 CONSTRUCTION 550111 BLANK ROME LLP 130 N 18TH ST PHILADELPHIA PA 19103 LEGAL 157723 2 55491 55491 1074048 1074048 361092 12963 348129 348129 348129 2210000 2210000 2210000 2210000 3687668 2210000 1422177 217528 217528 14104 14104 306056 306056 20775 20775 4938 4938 179491 179491 46685 46685 36549 36549 167 167 610685 610685 10369 10369 RELEASED FROM RESTRICTION 2305636 2305636 MEALS AND ENTERTAINMENT 15486 15486 PROFESSIONAL DEVELOPMENT 1641 1641 GOODYEAR PROPERTY 300 300 3770410 2305636 1464774 0 3595735 1696386 397469 2442721 762188 380256 37536 10488214 1851205 8504117 8637009 36011564 31291739 48889141 44867579 660370 323257 2738617 38041 2500 3437028 325757 X 43146478 44541822 2305635 45452113 44541822 48889141 44867579 X -82742 -920072 92523 X false false false X 1842655 1842655 5848344 976585 4871759 2471431 718549 1752882 88903 50622 38281 236881 105449 131432 8637009 SECURITY DEPOSIT 2500 2500 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THE SCHOOL'S POLICY ON RACIAL NONDISCRIMINATION IS DESCRIBED IN ITS STUDENT HANDBOOK, WHICH IS AVAILABLE ONLINE TO THE GENERAL PUBLIC AS WELL AS TO ALL CURRENT AND PROSPECTIVE STUDENTS. SCHEDULE E, LINE 6 THE ORGANIZATION DID NOT SOLICIT OR ENGAGE STUDENTS DURING THE REPORTING YEAR BECAUSE IT WAS IN TRANSITION AND WORKING TOWARD BUILDING AND MANAGING A NETWORK OF SCHOOLS, INCLUDING PURSUING THE ACQUISITION OF EXISTING SCHOOLS IN MULTIPLE STATES. THE NETWORK OF SCHOOLS SHALL BE OPERATED IN A NONDISCRIMINATORY MANNER. THERE WILL BE A RACIAL NONDISCRIMINATION POLICY THAT WILL BE PUBLISHED IN STUDENT HANDBOOKS, ONLINE AND OTHER MATERIALS PROVIDED TO CURRENT AND PROSPECTIVE STUDENTS. false false false false false false false false false MAVEONIEN CREAMER COO 158217 2743 160960 FLIPSWITCH SAME MANAGEMENT SALE OF TRADEMARKS/TRADENAMES X 2210000 2210000 false true true AMERICAN VIRTUAL ACADEMY INC SAME MANAGEMENT REIMBURSEMENT FOR EXPENSES X 824746 232721 false true false 2442721 FLIPSWITCH SAME MANAGEMENT 2210000 SEE PART V false AMERICAN VIRTUAL ACADEMY SAME MANAGEMENT 249050 SEE PART V false AMERICAN VIRTUAL ACADEMY SAME MANAGEMENT 272303 SEE PART V false SCHEDULE L, PART V FLIPSWITCH ACQUIRED THE TRADENAME "PRIMAVERA" IN EXCHANGE FOR 2,210,000. THE PURCHASE PRICE WAS DETERMINED TO BE FAIR MARKET VALUE OF THE NAME AND ASSOCIATED GOODWILL AS OF THE DATE OF TRANSFER, BASED UPON AN INDEPENDENT THIRD-PARTY VALUATION. AMERICAN VIRTUAL ACADEMY (AVA) ACQUIRED THE CHARTER (EXPIRING JUNE 2016) AND ASSETS OF THE ORGANIZATION IN EXCHANGE FOR 249,050 PLUS ASSUMPTION OF THE OPERATIONS OF THE ARIZONA CHARTER SCHOOL, INCLUDING ASSUMPTION OF ALL LIABILITIES ASSOCIATED WITH THE OPERATIONS, EMPLOYEE OBLIGATIONS AND RISKS OF OPERATING THE SCHOOL, INCLUDING DECREASING STATE FUNDING. ONE OBLIGATION ASSUMED WAS PAYMENT DUE TO THE STATE FOR OVERPAYMENT OF EQUALIZATION FUNDS, WHICH WOULD BE RECOVERED BY THE STATE THROUGH REDUCTION OF FUTURE EQUALIZATION PAYMENTS THAT AVA WOULD HAVE OTHERWISE RECEIVED UNDER THE CHARTER. THE ORGANIZATION TRANSFERRED 2,723,994 TO OFFSET THIS LIABILITY. ANOTHER OBLIGATION ASSUMED WAS USE OF 2,305,636 IN PROPOSITION 301 FUNDS FOR TEACHER PERFORMANCE, WHICH AMOUNT WAS COLLECTED BY THE ORGANIZATION AND TRANSFERRED TO AVA FOR PAYMENT UNDER THE CHARTER. AMERICAN VIRTUAL ACADEMY LEASES TWO BUILDINGS FROM PRIMAVERA TECHNICAL LEARNING CENTER AT MARKET RATES. FORM 990, PAGE 2, PART III, LINE 3 THE ORGANIZATION DISCONTINUED ITS ARIZONA CHARTER OPERATIONS DURING THE FISCAL YEAR AND HAS UNDERTAKEN CREATION OF A NETWORK OF NATIONWIDE SCHOOLS THAT WILL DELIVER HIGH SCHOOL, TRADE SCHOOL AND ALTERNATIVE EDUCATION IN A VIRTUAL LEARNING ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 2 DAMIAN CREAMER MAVEONIEN CREAMER CEO COO SIBLINGS FORM 990, PAGE 6, PART VI, LINE 11B A MEMBER OF MANAGEMENT, AN OUTSIDE ACCOUNTING FIRM UNRELATED TO THE FIRM PREPARING THE FORM 990, AND A MEMBER OF THE BOARD OF DIRECTORS REVIEW THE RETURN FOR ACCURACY. FORM 990, PAGE 6, PART VI, LINE 12C THE SCHOOL'S FINANCE DEPARTMENT CONSISTENTLY MONITORS COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE SCHOOL'S CONTRACTED ACCOUNTANT DETERMINED THE MARKET RATE FOR THE CEO BASED ON COMPARABLE DATA WITH OTHER ORGANIZATIONS OF SIMILAR SIZE. FORM 990, PAGE 6, PART VI, LINE 15B THE SCHOOL'S CONTRACTED ACCOUNTANT DETERMINED THE MARKET RATE FOR THE CEO AND OTHER KEY EMPLOYEES BASED ON COMPARABLE DATA WITH OTHER ORGANIZATIONS OF SIMILAR SIZE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FROM THE SECRETARY AT THE SCHOOL'S MAIN OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENT FOR ACCRUAL OF 401(K) MATCH THAT WAS NOT MADE IN THE PROCESS OF TRANSFERRING THE CHARTER AND EMPLOYEES.