2013-03-05T18:56:34-06:00 2012-06-30 952242818 VICENTI LLOYD & STUTZMAN LLP 2210 E ROUTE 66 SUITE 100 GLENDORA CA 91740 990 2011-07-01 200201111 NEW ACADEMY NEWA 2134832060 303 SOUTH LOMA DRIVE LOS ANGELES CA 90032 MAGGIE CERVANTES 2134832060 2013-02-22 1 WADE MC MULLEN P00541671 6268577300 2011 2016-02-25 16:41:14Z MAGGIE CERVANTES 303 SOUTH LOMA DRIVE LOS ANGELES CA 90032 6691223 0 X WWW.NEWACADEMY-LA.ORG, WWW.NACPDOLPHINS.COM X 2003 CA NEW ACADEMY OPERATES TWO CHARTER SCHOOLS-N.E.W. ACADEMY CANOGA PARK AND N.E.W. ACADEMY OF SCIENCE AND ART. BOTH CHARTER SCHOOLS PROVIDE EDUCATIONAL ACTIVITIES TO KINDERGARTEN THROUGH FIFTH GRADE STUDENTS. 7 7 135 7 0 0 6477580 6189142 0 0 129 2095 116367 499986 6594076 6691223 0 0 0 0 4042665 4136362 0 0 0 1894853 1911121 5937518 6047483 656558 643740 3808426 4342118 1182933 1072885 2625493 3269233 OPERATES TWO CALIFORNIA CHARTER SCHOOLS. 0 0 4435852 499986 OPERATES TWO CALIFORNIA CHARTER SCHOOLS. 4435852 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 135 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X EXED 3103941152 11858 LA GRANGE AVE 2ND FLOOR LOS ANGELES CA 90025 RON SOLORZANO 2.00 X 0 0 0 MARTA SANCHEZ 2.00 X 0 0 0 MIGUEL RAMIREZ 2.00 X 0 0 0 BRENT BRADLEY 2.00 X 0 0 0 MAGDALENA CERVANTES 2.00 X 0 0 0 ED MORENO 2.00 X 0 0 0 NIZAR KARIMI 2.00 X 0 0 0 ERIC A TODD 40.00 X 85000 0 14409 DEBBIE ELLIS 40.00 X 86500 0 19505 171500 0 33914 0 0 0 0 LARA & IBARRA LLP 445 S FIGUEROA ST 2700 LOS ANGELES CA 90071 LEGAL SERVICES 130687 1 6148233 40909 6189142 2095 2095 OTHER REVENUE 900099 499986 499986 499986 6691223 499986 0 2095 208914 208914 2994271 2331596 662675 262724 192818 69906 572977 461124 111853 97476 77006 20470 138960 138960 83506 83506 17285 17285 512442 375802 136640 50 50 170228 170228 230012 230012 13499 13499 5703 5703 64944 64944 BOOKS & SUPPLIES 403914 403914 SPECIAL ED FAIR SHARE 135899 135899 EQUIPMENT LEASE & VENDO 66591 66591 FIELD TRIPS 15563 15563 52525 3204 49321 6047483 4435852 1611631 0 1211380 1004743 999719 1992248 1591352 515000 615000 51140 67742 216412 152850 38658 63562 3808426 4342118 667933 457885 515000 615000 1182933 1072885 X 2625493 3269233 2625493 3269233 3808426 4342118 643740 0 X 0 1 1 X 1 1 X 52046 5406 46640 164366 147444 16922 63562 DUE TO CANOGA PARK 615000 615000 6691223 6047483 643740 643740 6691223 0 6691223 0 6691223 6047483 0 6047483 0 6047483 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ACADEMY IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE 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 THE ACADEMY'S 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 EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ACADEMY FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE POLICY IS WRITTEN ON APPLICATION MATERIALS. EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 N/A- NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 NEW ACADEMY IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ANALYZES COMPARABLE SALARY STRUCTURES OF OTHER SCHOOL DISTRICTS TO DETERMINE COMPENSATION AMOUNTS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MAINTAINED AT THE CORPORATE OFFICE AND ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST.