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CITIZENS OF THE WORLD CHARTER SCHOOLS: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
CITIZENS OF THE WORLD CHARTER SCHOOLS (EIN 45-2823612)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-02-14
IRS object ID
201400459349301970
Schema version
2012v2.1
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)
Timestamp2014-02-14T13:41:56-06:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN953309779EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GURSEY SCHNEIDER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11888 CENTURY PARK EAST SUITE 900AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900671735ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN452823612EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1CITIZENS OF THE WORLD CHARTER SCHOOLSBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCITINameControl
Phone3236347102Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15371 WILSHIRE BLVD NO 210AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900364256ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameKRISTE DRAGONName
TitlePRESIDENTTitle
Phone3139345540Phone
Date Signed2014-02-13DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameNAZ AFSHARName
PTINP00441843PTIN
Phone3105520960Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonKRISTE DRAGONNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line15371 WILSHIRE BLVD 210AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code900364256ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2167693GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteCITIZENSOFTHEWORLD.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2011YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionWE ARE CREATING A NATIONAL NETWORK OF CHARTER SCHOOLS THAT REFLECT THE SOCIOECONOMIC, RACIAL AND CULTURAL DIVERSITY OF THEIR COMMUNITIES AND EXEMPLIFY A RIGOROUS, STUDENT-CENTERED ACADEMIC PROGRAM. OUR SCHOOLS WILL ENSURE THAT CHILDREN REALIZE THEIR POTENTIAL AS CITIZENS OF THE WORLD.ActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members3NbrIndependentVotingMembers
Total Nbr Employees12TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year907661ContributionsGrantsPriorYear
Contributions Grants Current Year2167203ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year490InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year907661TotalRevenuePriorYear
Total Revenue Current Year2167693TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year415625SalariesEtcPriorYear
Salaries Etc Current Year1138934SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year56522TotalFundrsngExpCurrentYear
Other Expense Prior Year359372OtherExpensePriorYear
Other Expenses Current Year689918OtherExpensesCurrentYear
Total Expenses Prior Year774997TotalExpensesPriorYear
Total Expenses Current Year1828852TotalExpensesCurrentYear
Revenues Less Expenses Prior Year132664RevenuesLessExpensesPriorYear
Revenues Less Expenses CY338841RevenuesLessExpensesCY
Total Assets BOY146332TotalAssetsBOY
Total Assets EOY1956390TotalAssetsEOY
Total Liabilities BOY13668TotalLiabilitiesBOY
Total Liabilities EOY1484885TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY132664NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY471505NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionWE ARE CREATING A NATIONAL NETWORK OF CHARTER SCHOOLS THAT REFLECT THE SOCIOECONOMIC, RACIAL AND CULTURAL DIVERSITY OF THEIR COMMUNITIES AND EXEMPLIFY A RIGOROUS, STUDENT-CENTERED ACADEMIC PROGRAM. OUR SCHOOLS WILL ENSURE THAT CHILDREN REALIZE THEIR POTENTIAL AS CITIZENS OF THE WORLD.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change1SignificantChange
Expense689440Expense
DescriptionCITIZENS OF THE WORLD CHARTER SCHOOLS SUPPORTED CITIZENS OF THE WORLD CHARTER SCHOOLS LOS ANGELES IN PREPARING FOR THE OPENING OF THE SCHOOL, CITIZENS OF THE WORLD MAR VISTA. THE ORGANIZATION ALSO SUPPORTED CITIZENS OF THE WORLD CHARER SCHOOLS NEW YORK IN PREPARING FOR THE OPENING OF TWO SCHOOLS, CITIZENS OF THE WORLD CROWN HEIGHTS AND CITIZENS OF THE WORLD WILLIAMSBURG. ALL 3 SCHOOLS OPENED IN THE FALL OF 2013.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense410381Expense
DescriptionTHE ORGANIZATION ALSO PROVIDED ONGOING SUPPORT TO TWO SCHOOLS, CITIZENS OF THE WORLD HOLLYWOOD AND CITIZENS OF THE WORLD SILVER LAKE.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense541703Expense
DescriptionTHE ORGANIZATION CONTINUED TO RESEARCH AND DEVELOP A GROWTH PLAN THAT WILL ALLOW FOR ADDITIONAL GROWTH THROUGHOUT THE NATION.Description
FieldValueIRS element (for citing)
Total Program Service Expense1641524TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets1ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10969NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees12NumberOfEmployees
Employment Tax Returns Filed0EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members3NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1KRISTE DRAGONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3236347109TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line15371 WILSHIRE BLVD SUITE 210AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code90036ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployee
CHRIS FORMAN
BOARD MEMBER5.00X000
MARK GORDON
BOARD MEMBER5.00X000
CAM STARRETT
BOARD CHAIR5.00X000
KRISTE DRAGON
PRESIDENT40.00201700026847X
CARRIE WAGNER
SECRETARY40.003572300X
HILLARY JOHNSON
KEY EMPLOYEE40.00185726010250X
FieldValueIRS element (for citing)
Total Reportable Comp From Org423149TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation37097TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions2167203AllOtherContributions
Total Contributions2167203TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column490TotalRevenueColumn
Exclusion$490ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column2167693TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$490ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total322519Total
Program Services281269ProgramServices
Fundraising41250Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total718247Total
Program Services653397ProgramServices
Management And General64850ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total295Total
Management And General295ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total33908Total
Program Services24044ProgramServices
Management And General4932ManagementAndGeneral
Fundraising4932Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total63965Total
Program Services48474ProgramServices
Management And General9304ManagementAndGeneral
Fundraising6187Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total128738Total
Program Services128738ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total6991Total
Management And General6991ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total1750Total
Program Services1750ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total52651Total
Program Services32822ProgramServices
Management And General18299ManagementAndGeneral
Fundraising1530Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total19766Total
Program Services18534ProgramServices
Management And General1232ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total57042Total
Program Services53489ProgramServices
Management And General3553ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total149812Total
Program Services149812ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total12581Total
Management And General12581ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total4907Total
Program Services4193ProgramServices
Management And General714ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total19188Total
Program Services16397ProgramServices
Management And General2791ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
CONSULTANTS8874588745
PUBLIC RELATIONS6506665066
OUTREACH35246322463000
UTILITIES29917280531864

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total17518Total
Program Services14495ProgramServices
Management And General400ManagementAndGeneral
Fundraising2623Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1828852Total
Program Services1641524ProgramServices
Management And General130806ManagementAndGeneral
Fundraising56522Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY129842BOY
EOY861702EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY376BOY
EOY1399EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis29735LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec6446LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY16114BOY
EOY23289EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY1070000EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY146332BOY
EOY1956390EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY13668BOY
EOY40708EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY1400000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY44177EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY13668BOY
EOY1484885EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY132664BOY
EOY471505EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY132664BOY
EOY471505EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY146332BOY
EOY1956390EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses338841ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year901150CurrentTaxYearMinus1Year
Current Tax Year2167203CurrentTaxYear
Total3068353Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year901150CurrentTaxYearMinus1Year
Current Tax Year2167203CurrentTaxYear
Total3068353Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total2789224AmountsSubstContributorsTotal
Public Support Total170279129PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year490CurrentTaxYear
Total490Total
FieldValueIRS element (for citing)
Total Support3068843TotalSupport
First5 Years170XFirst5Years170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Investment Cost Or Other Basis6519InvestmentCostOrOtherBasis
Book Value6519BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis23216InvestmentCostOrOtherBasis
Depreciation6446Depreciation
Book Value16770BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings23289TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionLOANS RECEIVABLEDescription
Book Value1070000BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets1070000TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
VACATION PAYABLE$19,197
PAYROLL LIABILITIES$20,281
PAYROLL TAXES$4,699
FieldValueIRS element (for citing)
Total Of Amounts44177TotalOfAmounts

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
KRISTE DRAGON
PRESIDENT2017000000000268470228547000
HILLARY JOHNSON
KEY EMPLOYEE1857260000000102500195976000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
CHANGES IN PROGRAM SERVICESFORM 990, PART III, LINE 3CITIZENS OF THE WORLD CHARTER SCHOOLS CONTINUES TO PROVIDE THE VARIOUS EDUCATIONAL AND CHARITABLE SERVICES DESCRIBED IN ITS TAX EXEMPTION APPLICATION. TO KEEP SCHOOL OPERATIONAL COSTS AS LOW AS POSSIBLE WHILE MAINTAINING HIGH SCHOOL-LEVEL ACADEMIC QUALITY, THE NETWORK ENABLED SCHOOLS TO ACCESS THE FOLLOWING NETWORK SERVICES IN EXCHANGE FOR A LICENSE AND SERVICE FEE PAYABLE TO THE NETWORK: ACCESS TO A NATIONAL BEST PRACTICES, PROFESSIONAL DEVELOPMENT OPPORTUNITIES, EVALUATION TOOLS, STUDENT ASSESSMENT TOOLS, ASSISTANCE TRACKING STUDENT ACHIEVEMENT, TRAINING IN SCHOOL OPERATIONS, INTEREST-FREE START-UP LOANS, LONG-TERM FINANCIAL PLANNING ASSISTANCE, AND HELP RESOLVING OUTSTANDING ACADEMIC ISSUES. THE ORGANIZATION HAS TAKEN STEPS TO ENSURE THAT THE LICENSE AND SERVICE FEE IS BOTH BELOW COST AS WELL AS BELOW FAIR MARKET VALUE FOR SUCH SERVICES, AS FURTHER DETAILED BELOW. NO FEES WERE PAID DURING THE TAX YEAR TO WHICH THIS FORM 990 RELATES AND, AS A RESULT, NO PROGRAM SERVICE REVENUE IS SHOWN. REASONS FOR CHANGE: - THE NETWORK SEEKS TO ENSURE THAT EACH SCHOOL REFLECTS ITS OWN LOCAL COMMUNITIES, PARENTS, STUDENTS AND TEACHERS BY MAINTAINING A SIGNIFICANT AMOUNT OF AUTONOMY AT THE SCHOOL LEVEL REGARDING KEY DECISIONS LIKE CURRICULUM, STAFFING, BUDGETING, SCHOOL AND CLASSROOM MATERIALS AND PROFESSIONAL DEVELOPMENT. AT THE SAME TIME, THE NETWORK'S SCHOOL LEADERS AND TEACHERS HAVE INDICATED THAT RECEIVING HIGH-QUALITY SUPPORT AND SERVICES FROM THE NETWORK FREES UP MORE OF THEIR TIME, ENERGY AND RESOURCES TO BE FOCUSED ON WHAT REALLY MATTERS -- EDUCATING CHILDREN. - THE ORGANIZATION'S GOVERNANCE STRUCTURE WAS INTENTIONALLY DESIGNED TO BALANCE HIGH QUALITY ACROSS NETWORK SCHOOLS WITH EMPOWERED LOCAL LEADERSHIP. THE NATIONAL NETWORK WAS ORIGINALLY ENVISIONED AS PLAYING A SIGNIFICANT FRONT END ROLE IN FORMING NEW SCHOOL REGIONS BUT AN INCREASINGLY DIMINISHED ROLE ONCE LOCAL BOARDS WERE FOUNDED AND LOCAL LEADERS WERE HIRED. - DURING THE COURSE OF THE FIRST TWO YEARS OF LAUNCHING SCHOOLS, HOWEVER, THE ORGANIZATION BEGAN TO UNDERSTAND THAT IT COULD CONTINUE TO PROVIDE REAL DISCRETE VALUE TO THE SCHOOLS EVEN AFTER LOCAL AUTONOMOUS LEADERSHIP WAS IN PLACE. THE SCHOOLS ARE GROWING EVERY YEAR AND ARE DOING SO ON VERY CONSTRAINED BUDGETS. THE NATIONAL NETWORK, WORKING IN PARTNERSHIP WITH LOCAL SCHOOL LEADERS, HAS IDENTIFIED IMMEDIATE SCHOOL NEEDS AND ECONOMIES OF SCALE THAT THE NETWORK COULD FAR MORE EFFICIENTLY FILL AND SUPPORT THAN THE INDIVIDUAL SCHOOLS COULD ON THEIR OWN, WHICH WOULD OTHERWISE REQUIRE THEM TO HIRE ADDITIONAL STAFF THAT THEY LIKELY COULD NOT AFFORD IN ANY CASE. - AS NETWORK STAFF BEGAN TO ENGAGE IN MORE DIRECT AND ONGOING SUPPORT OF THE SCHOOLS, THE ORGANIZATION REALIZED THAT IT NEEDED TO RE-ALLOCATE ITS STAFF AND FINANCIAL RESOURCES TO EFFECTIVELY SERVE THE SCHOOLS AT A LEVEL HIGHER THAN INITIALLY PLANNED. - WHILE THE NETWORK STILL PLACES GREAT VALUE ON LOCALIZED SITE-BASED DECISION-MAKING AND EXPECTS ITS REGIONAL SUPPORT ROLE TO DIMINISH OVER TIME, IT NOW UNDERSTANDS THAT (1) NETWORK SUPPORT DURING CRITICAL SCHOOL LAUNCH YEARS IS ESSENTIAL TO ENSURING HIGH QUALITY AND ALIGNMENT TO THE ORGANIZATION'S MISSION AND FUNDAMENTALS ACROSS ALL CWC SCHOOLS AND (2) WHILE SOME AREAS OF NETWORK SUPPORT MAY DECREASE DEPENDING ON SCHOOL NEEDS, NEW AND UNANTICIPATED WAYS OF PROVIDING SUPPORT AND VALUE TO THE REGIONS AND THE SCHOOLS ARE ALSO LIKELY TO ARISE. HERE IS MORE DETAIL ON THE NETWORK SERVICES BEING PROVIDED TO THE SCHOOLS: - ACCESS TO A NATIONAL "KNOWLEDGE NETWORK" OF CITIZENS OF THE WORLD CHARTER SCHOOLS-AFFILIATED TEACHERS, PARENTS, PRINCIPALS AND ADMINISTRATORS, WHO CAN LEARN FROM ONE ANOTHER AND SHARE BEST PRACTICES ON PROJECT-BASED LEARNING, CURRICULUM DEVELOPMENT, AND THE CREATION OF A STRONG SCHOOL AND STAFF CULTURE, AMONG OTHER THINGS, ALLOWING THE NETWORK TO FIGURE OUT WHAT IS WORKING BEST TO EDUCATE CHILDREN; - MEANINGFUL PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND FAIR EVALUATION TOOLS THAT HELP STAFF IMPROVE AND PROVIDE INSIGHTS INTO SCHOOL PERFORMANCE; - ACCESS TO BEST PRACTICE STUDENT ASSESSMENT TOOLS AND HELP IN TRACKING STUDENT ACHIEVEMENT REGULARLY AND ACCURATELY; - ONGOING TRAINING AND DEVELOPMENT FOR SCHOOL LEADERS, FOR EXAMPLE, IN HOW TO OPERATE SCHOOLS EFFICIENTLY; - LONG-TERM FINANCIAL PLANNING ASSISTANCE TO ENSURE FINANCIAL STABILITY, INCLUDING TRAINING IN FINANCIAL MANAGEMENT, AND FINANCIAL OVERSIGHT AND ASSISTANCE IF USEFUL; - HELP RESOLVING OUTSTANDING ACADEMIC ISSUES, WHEN REQUESTED BY THE SCHOOL; - COMMUNICATIONS SUPPORT TO KEEP PARENTS, TEACHERS AND COMMUNITIES UP-TO-DATE; - INTEREST-FREE START-UP LOANS OF UP TO $450,000 TO HELP NEW SCHOOLS GET OFF THE GROUND, FUNDS THAT COMMUNITIES WOULD OTHERWISE HAVE TO RAISE OR BORROW, A SAVINGS TO EACH SCHOOL OF APPROXIMATELY $17,000 ANNUALLY; AND - SUPPORT IN ATTRACTING GREAT TEACHERS AND SCHOOL LEADERS: BEING A PART OF THE CITIZENS OF THE WORLD CHARTER SCHOOLS NETWORK BRINGS ASSOCIATION WITH A BRAND THAT HELPS ATTRACT TALENTED TEACHERS, SCHOOL LEADERS, STAFF, PARENTS AND PARTNERS. AS INDICATED ABOVE, THE ORGANIZATION HAS TAKEN STEPS TO ENSURE THAT FEES FOR THESE SERVICES ARE BOTH BELOW COST AS WELL AS BELOW FAIR MARKET VALUE. NOTWITHSTANDING THE IMPLEMENTATION OF A FEE STRUCTURE, THE SUPPORT AND SERVICES PROVIDED BY THE ORGANIZATION TO THE SCHOOLS IS COST EFFECTIVE. THE FEE PAID BY THE LOS ANGELES SCHOOLS, 1 TO 2 PERCENT, IS A FULL 8 PERCENT OR MORE LOWER THAN THE COMPARABLE MANAGEMENT FEES CHARGED BY OTHER CHARTER SCHOOL NETWORKS. FOR THE NEW YORK SCHOOLS, THE FEE RANGES FROM 5.5 TO 8 PERCENT, ALSO BELOW COMPARABLE MANAGEMENT FEES CHARGED BY OTHER CHARTER SCHOOL NETWORKS. MOREOVER, BEING PART OF THE ORGANIZATION'S NATIONAL NETWORK MINIMIZES OVERHEAD, ALLOWING THE SCHOOLS IN THE CITIZENS OF THE WORLD CHARTER SCHOOLS NETWORK TO SAVE MONEY - IN SOME CASES, AS MUCH AS HUNDREDS OF THOUSANDS OF DOLLARS THEY WOULD OTHERWISE HAVE TO SPEND TO HIRE ADDITIONAL SCHOOL-LEVEL ADMINISTRATORS AND VENDORS TO PERFORM THE FUNCTIONS NOW PROVIDED BY THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11THE BOARD MEMBERS WILL RECEIVE THE FORM 990 FROM THE CFO VIA EMAIL. THEY WILL REVIEW THE DOCUMENT AND ASK CLARIFYING QUESTIONS. THE FORM 990 WILL BE APPROVED AT THE FOLLOWING BOARD MEETING.
FORM 990, PART VI, LINE 12CTHE BOARD MEMBERS DISCLOSE ANY CONFLICTS OF INTEREST THEY HAVE DURING THE BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD MEMBERS DISCLOSE ANY CONFLICTS OF INTEREST THEY HAVE DURING BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD MEMBERS REVIEW THE CHIEF EXECUTIVE OFFICER'S SALARY ON AN ANNUAL BASIS AND ALSO PERFORM AN EVALUATION OF THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION PROVIDED ALL REQUIRED DOCUMENTS TO ANYONE WHO REQUESTED THE INFORMATION.

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