2013-02-13T18:33:00-06:00 2012-06-30 952242818 VICENTI LLOYD & STUTZMAN LLP 2210 E ROUTE 66 SUITE 100 GLENDORA CA 91740 990 2011-07-01 680468290 GOLDEN VALLEY CHARTER SCHOOLS GOLD 8053831972 2421 PORTOLA ROAD VENTURA CA 93003 TERRI ADAMS 8053831972 2013-02-13 1 TINA HENTON P00630282 6268577300 2011 2016-03-07 17:11:31Z TERRI ADAMS 2421 PORTOLA ROAD VENTURA CA 93003 4583083 0 X WWW.GOLDENVCS.ORG X 2001 CA TO EDUCATE STUDENTS SEEKING A NON-TRADITIONAL SETTING THROUGH INDIVIDUALLY DESIGNED CURRICULUM. 5 5 43 5 0 0 4147461 4337986 0 0 12891 4745 55519 240352 4215871 4583083 0 0 0 0 2416542 2384810 0 0 0 1867341 1898278 4283883 4283088 -68012 299995 1717051 2288499 724010 995463 993041 1293036 THE MISSION OF THE GOLDEN VALLEY CHARTER SCHOOL IS TO EDUCATE K-12 STUDENTS SEEKING A NON-TRADITIONAL EDUCATIONAL SETTING THROUGH INDIVIDUALLY DESIGNED CURRICULUM. 0 0 3564306 TO EDUCATE K-12 STUDENTS SEEKING A NON-TRADITIONAL EDUCATIONAL SETTING THROUGH INDIVIDUALLY DESIGNED CURRICULUM. 3564306 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 43 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X VENTURA COUNTY SCHOOLS BUSINESS SER 8053831974 5189 VERDUGO WAY CAMARILLO CA 93012 PAUL AIST 1.00 X X 0 0 0 SHARON MCCLAIN 1.00 X X 0 0 0 HEATHER KELLSTROM 1.00 X X 0 0 0 JOHN PUGLISI 1.00 X 0 0 0 TONY SABATINO 1.00 X 0 0 0 TERRI ADAMS 40.00 X 141324 0 24682 141324 0 24682 1 0 1 0 SPECIAL EDUCATION AND TECHNI 7777 ALVARADO RD SUITE 716 LA MESA CA 91942 SPECIAL EDUCATION SERVICES 267285 VENTURA COUNTY SCHOOLS BUSINESS SERVICE 5189 VERDUGO WAY CAMARILLO CA 93012 ACCOUNTING SERVICES 207627 DENNIS NICKERSON 2149 PORTOLA ROAD VENTURA CA 93003 FACILITY RENT 122717 3 4337986 4337986 4745 4745 ALL OTHER REVENUE 900099 240352 240352 240352 4583083 240352 0 4745 166006 166006 1712564 1593628 118936 145432 130972 14460 327489 284032 43457 33319 21812 11507 1377656 1049514 328142 127160 126961 199 70800 54777 16023 16649 16649 BOOKS AND SUPPLIES 278738 278738 ALL OTHER EXPENSES 20459 17056 3403 COMMUNICATIONS 6816 6816 4283088 3564306 718782 0 414973 76155 1230608 1895404 71470 68940 0 248000 1717051 2288499 516202 322463 47808 160000 160000 0 513000 724010 995463 X 993041 1293036 993041 1293036 1717051 2288499 299995 0 X X 0 1 1 X 0 X 3622161 3837561 3784795 4202980 4578338 20025835 3622161 3837561 3784795 4202980 4578338 20025835 20025835 46193 27430 24563 12891 4745 115822 20141657 0.99420 0.98840 X 0 CURRENT LOAN 248000 248000 NOTE PAYABLE TO MESA ELEMENTARY SCHOOL DISTRICT 265000 NOTE PAYABLE TO GOLDEN VALLEY VIRTUAL CHARTER SCHOOL 248000 513000 4583083 4283088 299995 299995 4583083 0 4583083 0 4583083 4283088 0 4283088 0 4283088 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: GOLDEN VALLEY CHARTER SCHOOLS IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. GOLDEN VALLEY CHARTER SCHOOLS HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE TAX POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO GOLDEN VALLEY CHARTER SCHOOLS' CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT (>50%) OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATIONS; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. GOLDEN VALLEY CHARTER SCHOOLS FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTIONS AND STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR U.S. FEDERAL AND STATE OF CALIFORNIA EXAMINATIONS BY TAX AUTHORITIES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 0 0 0 0 0 0 0 0 0 TERRI ADAMS 141324 0 0 0 0 0 11659 0 13023 0 166006 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE CHARTER USED THE VENTURA COUNTY SCHOOLS BUSINESS SERVICE AUTHORITY TO PERFORM THE ACCOUNTING ADMINISTRATION SERVICES FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES THE FORM 990 PRIOR TO SUBMISSION, AND THE BOARD REVIEWS THE SUBMITTED COPY AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND KEY EMPLOYEES TO COMPLETE A FORM 700 CONFLICT OF INTEREST AND SUBMIT IT TO THE COUNTY OFFICE OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD MEMBERS ANNUALLY REVIEW THE PERFORMANCE OF KEY EMPLOYEES ALONG WITH COMPARABILITY DATA TO DETERMINE KEY EMPLOYEE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR OVERSEEING THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEAR.