2015-05-14T12:51:11-05:00 2014-06-30 951777440 GREEN HASSON & JANKS LLP 10990 WILSHIRE BLVD 16TH FLOOR LOS ANGELES CA 900243929 990 2013-07-01 455233028 VALUE SCHOOLS FOUNDATION VALU 2137488868 950 W WASHINGTON BLVD LOS ANGELES CA 90015 GERALDINE JACOBY PRESIDENT/CEO 2137488868 2015-05-14 1 RICHARD L RUVELSON P00234075 3108731600 2013 2016-02-25 16:41:14Z X GERALDINE JACOBY 950 W WASHINGTON BLVD LOS ANGELES CA 90015 4127933 0 X WWW.VALUESCHOOLS.COM X 2012 CA TO SUPPORT THE DEVELOPMENT OF CHARTER SCHOOLS THROUGH PURCHASING AND OWNING SCHOOL'S FACILITIES. 10 10 0 10 0 0 39469 3169255 0 1651 885761 39469 4056667 50000 0 0 0 7762 965672 1015672 39469 3040995 39469 18133775 15052960 39469 3080815 VALUE SCHOOL FOUNDATION'S MISSION IS TO SUPPORT CENTRAL CITY VALUE SCHOOL (CCVS) AND DOWNTOWN VALUE SCHOOL (DVS) THROUGH THE PURCHASE AND OWNERSHIP OF EACH SCHOOL'S FACILITY. 0 0 50000 50000 885761 VALUE SCHOOLS FOUNDATION WAS INCORPORATED ON JANUARY 2, 2012 AS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION. THE ORGANIZATION WAS ESTABLISHED TO SUPPORT CENTRAL CITY VALUE SCHOOL (CCVS) AND DOWNTOWN VALUE SCHOOL (DVS) AND FUTURE SCHOOLS OPERATED BY VALUE SCHOOLS (AN ORGANIZATION WITH COMMON BOARD MEMBERS), THROUGH THE PURCHASE AND OWNERSHIP OF EACH SCHOOL'S FACILITY. 50000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 CA X RHONDA HOFFARTH 2133888695 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 GRANT CAMBRIDGE BOARD CHAIR 2.00 X 0 0 0 NAYA BLOOM BOARD MEMBER 2.00 X 0 0 0 JAMES BRAY BOARD MEMBER 2.00 X 0 0 0 JODY FOLDESY BOARD MEMBER 2.00 X 0 0 0 BERNADETTE GLENN BOARD MEMBER 2.00 X 0 0 0 VINCENT GONZALES BOARD MEMBER 2.00 X 0 0 0 THOMAS LEVEE BOARD MEMBER 2.00 X 0 0 0 ROBERT LOVELACE BOARD MEMBER 2.00 X 0 0 0 DAWN NAKAGAWA BOARD MEMBER 2.00 X 0 0 0 JOSE RAMOS BOARD MEMBER 2.00 X 0 0 0 GERALDINE JACOBY VALUE SCHOOLS PRES & CEO 1.00 40.00 X 0 121323 17558 DR JEROME PORATH RES 122013 PRESIDENT 1.00 40.00 X 0 140087 17969 HOWARD CAPLAN RES 032014 CFO 1.00 40.00 X 0 101515 15309 0 362925 50836 0 0 1 0 0 2985985 183270 3067729 3169255 194 194 885761 0 885761 885761 885761 72723 71266 1457 1457 1457 4056667 885761 0 1651 50000 50000 812 812 782945 782945 173451 173451 FUDRAISING EXPENSE 7762 7762 EMPLOYEE RECOGNITION 702 702 1015672 50000 957910 7762 39469 2929011 7516 571931 14188978 157751 0 14031227 11768 0 582322 39469 18133775 988520 12870000 0 1194440 0 15052960 X 0 0 0 0 39469 3080815 39469 3080815 39469 18133775 3040995 351 0 X 0 0 0 X 39469 3169255 3208724 39469 3169255 3208724 3208724 194 194 3208918 885761 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5512676 5512676 8676302 157751 8518551 14031227 BOND INTEREST PAYABLE 436316 DUE TO CENTRAL CITY 116 RELATED PARTY PAYABLE 758008 1194440 1 VALUE SCHOOL 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 954813155 501(C)(3) 50000 FMV TO SUPPORT CENTRAL CITY VALUE SCHOOL (CCVS) AND DOWNTOWN VALUE SCHOOL (DVS) 1 PART I, LINE 2: THE ORGANIZATION GAVE FUNDS TO A RELATED ENTITY, VALUE SCHOOLS. NO MONITORING IS REQUIRED. 0 0 0 0 0 0 0 0 0 DR JEROME PORATH RES 122013 PRESIDENT 0 140087 0 0 0 0 0 12350 0 5619 0 158056 0 0 PART I, LINE 1A GERALDINE JACOBY, PRESIDENT, IS COMPENSATED BY THE RELATED ORGANIZATION, VALUE SCHOOLS. BOARD MEMBERS FROM VALUE SCHOOLS APPROVE THE COMPENSATION. A CALIFORNIA SCHOOL FINANCE AUTHORITY SCHOOL FACILITY REVENUE BONDS 680280917 13059TAD1 2013-08-08 12870000 TO ACQUIRE AND CONSTRUCT THE LAND AND FACILITIES FOR VALUE SCHOOL 0 0 0 A 12870000 257400 12612600 2013 0 0 0 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 X 2 81744 FMV X 1 2985985 FMV 0 0 0 PART I, COLUMN (B): NON CASH DONATIONS ARE LISTED BY TOTAL NUMBER OF GIFTS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11 THE CEO REVIEWS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CEO MONITORS THE POLICY. OFFICERS AND DIRECTORS MUST COMPLETE THE CALIFORNIA FORM 700 - STATEMENT OF ECONOMIC INTERESTS ANNUALLY. 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. VSF SCHOOL FACILITIES #1 LLC 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 SUPPORTS THE VALUE SCHOOLS FOUNDATION CA 3871857 17968305 VALUE SCHOOLS 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 954813155 MANAGEMENT OF CHARTER SCHOOLS CA 501(C)(3) LINE 2 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 VALUE SCHOOL B 50000 FMV VALUE SCHOOL C 2985985 FMV VALUE SCHOOL H 14188978 FMV VALUE SCHOOL J 885761 FMV