IPAKANNI EARLY COLLEGE CHARTER SCHOOL: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IPAKANNI EARLY COLLEGE CHARTER SCHOOL (EIN 27-1644152)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2026-05-17
- IRS object ID
- 202611379349300106
- Schema version
- 2023v6.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-17T15:48:49-04:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 832061628 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HORTON MCNULTY & SAETEURN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 INDEPENDENCE CIRCLE | AddressLine1Txt |
| City | CHICO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95973 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271644152 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IPAKANNI EARLY COLLEGE | BusinessNameLine1Txt |
| Business Name Line2 | CHARTER SCHOOL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IPAK | BusinessNameControlTxt |
| Phone | 5305321165 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1459 DOWNER STREET | AddressLine1Txt |
| City | OROVILLE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95965 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GLENDA NELSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5305321165 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOY L MCNULTY | PreparerPersonNm |
| PTIN | P01429686 | PTIN |
| Phone | 5305887427 | PhoneNum |
| Preparation | 2026-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WALTER GRAMPS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1459 DOWNER STREET | AddressLine1Txt |
| City | OROVILLE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95965 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,165,261 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.IPAKANNI.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO EDUCATE AND PREPARE CHILDREN TO MEET THE CHALLENGES EVIDENT IN THE 21ST CENTURY THROUGH AN ENRICHING AND RIGOROUS EDUCATIONAL ENVIRONMENT THAT WILL BE FIRMLY BASED IN MAIDU CULTURE, THE LAND, AND THE RIVER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 15 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,407,701 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,165,181 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,903 | PYOtherRevenueAmt |
| CY Other Revenue | $80 | CYOtherRevenueAmt |
| PY Total Revenue | $1,409,604 | PYTotalRevenueAmt |
| CY Total Revenue | $1,165,261 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $678,659 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $670,741 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $449,450 | PYOtherExpensesAmt |
| CY Other Expenses | $613,786 | CYOtherExpensesAmt |
| PY Total Expenses | $1,128,109 | PYTotalExpensesAmt |
| CY Total Expenses | $1,284,527 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $281,495 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$119,266 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,259,306 | TotalAssetsBOYAmt |
| Total Assets EOY | $894,550 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $186,749 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $474,206 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,072,557 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $420,344 | NetAssetsOrFundBalancesEOYAmt |
| Mission | IPAKKANI EARLY COLLEGE CHARTER SCHOOL PREPARES STUDENTS TO MEET THE CHALLENGES OF 21ST CENTURY COLLEGE AND CAREER READINESS THROUGH A MULTICULTURAL AND INTERDISCIPLINARY EDUCATIONAL ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,198,064 | ExpenseAmt |
| Desc | OPERATED A CLASSROOM-BASED PROGRAM FOR APPROXIMATELY 63 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE. | Desc |
| Total Program Service Expenses | $1,198,064 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | Yes (true) | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 15 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | Yes (true) | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WALTER GRAMPS | PersonNm |
| Phone | 5305321165 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1459 DOWNER STREET | AddressLine1Txt |
| City | OROVILLE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95965 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| WALTER GRAMPS | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | $113,393 | $0 | $20,720 | |
| IRENE JIMINEZ | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| BROWNING NEDDEAU | ||||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | |
| DAWN BLACKHORSE | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TRAVIS BROWN | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| NICOLETTE ANDERSON | ||||||
| VICE PRESIDE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| GLENDA NELSON | ||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $113,393 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $20,720 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $1,165,181 | GovernmentGrantsAmt |
| Total Contributions | $1,165,181 | TotalContributionsAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $80 | TotalRevenueColumnAmt |
| Exclusion | $80 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $80 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,165,261 | TotalRevenueColumnAmt |
| Exclusion | $80 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,051 | TotalAmt |
| Program Services | $132,310 | ProgramServicesAmt |
| Management And General | $2,741 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $375,330 | TotalAmt |
| Program Services | $362,531 | ProgramServicesAmt |
| Management And General | $12,799 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,839 | TotalAmt |
| Program Services | $94,839 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,598 | TotalAmt |
| Program Services | $27,863 | ProgramServicesAmt |
| Management And General | $2,735 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,923 | TotalAmt |
| Program Services | $32,572 | ProgramServicesAmt |
| Management And General | $2,351 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Program Services | $27,981 | ProgramServicesAmt |
| Management And General | $2,019 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,227 | TotalAmt |
| Management And General | $7,227 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,565 | TotalAmt |
| Management And General | $6,565 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,332 | TotalAmt |
| Program Services | $231,617 | ProgramServicesAmt |
| Management And General | $16,715 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $3,000 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,307 | TotalAmt |
| Program Services | $53,450 | ProgramServicesAmt |
| Management And General | $3,857 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,131 | TotalAmt |
| Program Services | $35,562 | ProgramServicesAmt |
| Management And General | $2,569 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,970 | TotalAmt |
| Program Services | $81,116 | ProgramServicesAmt |
| Management And General | $5,854 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,039 | TotalAmt |
| Management And General | $16,039 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BOOKS AND SUPPLIES | $43,750 | $43,750 | |
| NONCAPITALIZED EQUIPMENT | $36,032 | $33,607 | $2,425 |
| DUES & MEMBERSHIPS | $12,981 | $12,107 | $874 |
| SOFTWARE | $8,735 | $8,147 | $588 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,717 | TotalAmt |
| Program Services | $17,612 | ProgramServicesAmt |
| Management And General | $1,105 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,284,527 | TotalAmt |
| Program Services | $1,198,064 | ProgramServicesAmt |
| Management And General | $86,463 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $735,883 | BOYAmt |
| EOY | $406,402 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $487,818 | BOYAmt |
| EOY | $213,435 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,995 | BOYAmt |
| EOY | $1,679 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $44,449 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,240 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,610 | BOYAmt |
| EOY | $27,209 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $245,825 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,259,306 | BOYAmt |
| EOY | $894,550 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,743 | BOYAmt |
| EOY | $61,367 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $70,937 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,006 | BOYAmt |
| EOY | $341,902 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $186,749 | BOYAmt |
| EOY | $474,206 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,072,557 | BOYAmt |
| EOY | $286,285 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $134,059 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,072,557 | BOYAmt |
| EOY | $420,344 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,259,306 | BOYAmt |
| EOY | $894,550 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$119,266 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $48,049 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$580,996 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,724 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,223 | DepreciationAmt |
| Book Value | $22,501 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,725 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,017 | DepreciationAmt |
| Book Value | $4,708 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $27,209 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT-OF-USE ASSET | Desc |
| Book Value | $245,825 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $245,825 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE PAYABLES | $245,825 |
| DUE TO OTHER GOVERNMENTS | $96,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $341,902 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,165,261 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $1,165,261 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $1,165,261 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,284,527 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,284,527 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,284,527 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | false | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | IPAKANNI EARLY COLLEGE CHARTER SCHOOL IS A CALIFORNIA PUBLIC SCHOOL AND IS THEREFORE EXEMPT FROM REV. PROC. 75-50, 1975-2 C.B. 587. HOWEVER, WE ADVERTISE IN MULTIPLE FREE PUBLICATIONS AS A FREE, PUBLIC HIGH SCHOOL WHICH MEANS NO TUITION AND NO DISCRIMINATION. |
| SCHEDULE E, LINE 4 | THERE ARE NO SCHOLARSHIPS GIVEN. IPAKANNI EARLY COLLEGE CHARTER SCHOOL IS A PUBLIC SCHOOL. |
| SCHEDULE E, LINE 6 | IPAKANNI EARLY COLLEGE CHARTER SCHOOL RECEIVES FUNDING FROM THE CALIFORNIA DEPARTMENT OF EDUCATION AND THE BUTTE COUNTY OFFICE OF EDUCATION. |
Schedule L IRS990ScheduleL
Disqualified Person Ex Bnft Tr DisqualifiedPersonExBnftTrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | FORMER BUSINESS MANAGER | PersonNm |
| Rln Disqualified Person Org | FINANCIAL OVERSIGHT | RlnDisqualifiedPersonOrgTxt |
| Transaction | MISAPPROPRIATION | TransactionDesc |
| Transaction Corrected | false | TransactionCorrectedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | DURING THE TAX YEAR, THE ORGANIZATION BECAME AWARE OF A SIGNIFICANT DIVERSION OF ASSETS INVOLVING ITS FORMER BUSINESS MANAGER. BASED ON INFORMATION CURRENTLY AVAILABLE, THE ACTIVITY OCCURRED OVER MULTIPLE PRIOR YEARS AND WAS IDENTIFIED DURING THE CURRENT YEAR THROUGH ADDITIONAL FINANCIAL REVIEW PROCEDURES. THE ESTIMATED LOSS ASSOCIATED WITH THE DIVERSION IS APPROXIMATELY 374,747. UPON DISCOVERY, THE ORGANIZATION INITIATED AN INVESTIGATION AND ENGAGED THE CALIFORNIA FISCAL CRISIS AND MANAGEMENT ASSISTANCE TEAM (FCMAT) TO CONDUCT AN INDEPENDENT FRAUD AUDIT. THE MATTER WAS ALSO REFERRED TO LAW ENFORCEMENT AUTHORITIES. THE INDIVIDUAL INVOLVED IS NO LONGER EMPLOYED BY THE ORGANIZATION.IN RESPONSE TO THE MATTER, THE ORGANIZATION IMPLEMENTED ADDITIONAL INTERNAL CONTROL AND OVERSIGHT PROCEDURES, INCLUDING ENHANCED SEGREGATION OF DUTIES, INCREASED FINANCIAL OVERSIGHT, AND THE ENGAGEMENT OF AN INDEPENDENT THIRD-PARTY SERVICE PROVIDER TO ASSIST WITH BACK-OFFICE FINANCIAL FUNCTIONS.AMOUNTS REPORTED ARE BASED ON INFORMATION AVAILABLE AS OF THE FILING DATE AND MAY BE SUBJECT TO ADJUSTMENT AS INVESTIGATIVE PROCEDURES, FINANCIAL REVIEW PROCEDURES, AND RECOVERY EFFORTS CONTINUE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 5 | DURING THE TAX YEAR, THE ORGANIZATION BECAME AWARE OF A SIGNIFICANT DIVERSION OF ASSETS INVOLVING ITS FORMER BUSINESS MANAGER. BASED ON INFORMATION CURRENTLY AVAILABLE, THE ACTIVITY OCCURRED OVER MULTIPLE PRIOR YEARS AND WAS IDENTIFIED DURING THE CURRENT YEAR THROUGH ADDITIONAL FINANCIAL REVIEW PROCEDURES. THE ESTIMATED LOSS ASSOCIATED WITH THE DIVERSION IS APPROXIMATELY 374,747. UPON DISCOVERY, THE ORGANIZATION INITIATED AN INVESTIGATION AND ENGAGED THE CALIFORNIA FISCAL CRISIS AND MANAGEMENT ASSISTANCE TEAM (FCMAT) TO CONDUCT AN INDEPENDENT FRAUD AUDIT. THE MATTER WAS ALSO REFERRED TO LAW ENFORCEMENT AUTHORITIES. THE INDIVIDUAL INVOLVED IS NO LONGER EMPLOYED BY THE ORGANIZATION.IN RESPONSE TO THE MATTER, THE ORGANIZATION IMPLEMENTED ADDITIONAL INTERNAL CONTROL AND OVERSIGHT PROCEDURES, INCLUDING ENHANCED SEGREGATION OF DUTIES, INCREASED FINANCIAL OVERSIGHT, AND THE ENGAGEMENT OF AN INDEPENDENT THIRD-PARTY SERVICE PROVIDER TO ASSIST WITH BACK-OFFICE FINANCIAL FUNCTIONS.AMOUNTS REPORTED ARE BASED ON INFORMATION AVAILABLE AS OF THE FILING DATE AND MAY BE SUBJECT TO ADJUSTMENT AS INVESTIGATIVE PROCEDURES, FINANCIAL REVIEW PROCEDURES, AND RECOVERY EFFORTS CONTINUE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE GOVERNING BOARD MEETS AND DISCUSSES THE ITEMS IN THE FORM 990 PRIOR TO ITS FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD ANNUALLY COMPLETES A CONFLICT OF INTEREST STATEMENT. THE ADMINISTRATOR REVIEWS IT FOR KNOWN CONFLICTS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE ADMINSTRATOR ON AN ANNUAL BASIS AND USES COMPARABLE AGENCIES' SALARY SCHEDULES TO DETERMINE THAT THE COMPENSATION IS APPROPRIATE AND COMPETITIVE. IF ANY BOARD MEMBER HAS A CONFLICT OF INTEREST REGARDING COMPENSATION, THAT BOARD MEMBER DOES NOT PARTICIPATE IN THE DECISION MAKING PROCESS OR VOTE. THE DECISION IS DOCUMENTED BY THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN IN 2023/24 FOR THE EXECUTIVE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND THE FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING AND OVERSIGHT 230,974 16,669 0 PAYROLL SERVICE FEE 643 46 0 TOTAL 231,617 16,715 0 |
| FORM 990, PART XI, LINE 9 | -580,996 BEGINNING NET ASSETS REFLECTED ON THE CURRENT YEAR FORM 990 HAVE BEEN ADJUSTED TO CONFORM TO THE ORGANIZATIONS AUDITED FINANCIAL STATEMENTS. SUBSEQUENT TO THE FILING OF THE PRIOR YEAR RETURN, ADDITIONAL ACCOUNTING ADJUSTMENTS AND PRIOR PERIOD CORRECTIONS WERE IDENTIFIED AFFECTING PREVIOUSLY REPORTED BALANCES. THE CURRENT YEAR RETURN REFLECTS THE CORRECTED AUDITED AMOUNTS. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SEE ATTACHED REASONABLE CAUSE STATEMENT. | ExplanationTxt |
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