2026-05-17T15:48:49-04:00 2024-06-30 832061628 HORTON MCNULTY & SAETEURN LLP 55 INDEPENDENCE CIRCLE CHICO CA 95973 990 2023-07-01 271644152 IPAKANNI EARLY COLLEGE CHARTER SCHOOL IPAK 5305321165 1459 DOWNER STREET OROVILLE CA 95965 GLENDA NELSON PRESIDENT 5305321165 2026-05-13 false JOY L MCNULTY P01429686 5305887427 2026-05-14 2023 2025-03-06 01:10:19Z WALTER GRAMPS 1459 DOWNER STREET OROVILLE CA 95965 1165261 false X WWW.IPAKANNI.COM X 2010 CA 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. 6 6 15 6 0 1407701 1165181 0 0 1903 80 1409604 1165261 0 0 678659 670741 0 0 449450 613786 1128109 1284527 281495 -119266 1259306 894550 186749 474206 1072557 420344 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. false false 1198064 OPERATED A CLASSROOM-BASED PROGRAM FOR APPROXIMATELY 63 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE. 1198064 true false false false false false false false false false true false false true true false true false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 0 0 true 15 true false false false false false false false false false false false false X 6 6 false false false true false false false true true false false true true true true true false true false false X WALTER GRAMPS 5305321165 1459 DOWNER STREET OROVILLE CA 95965 WALTER GRAMPS EXECUTIVE DI 40.00 X 113393 0 20720 IRENE JIMINEZ BOARD MEMBER 1.00 X 0 0 0 BROWNING NEDDEAU BOARD MEMBER 1.00 X 0 0 0 DAWN BLACKHORSE SECRETARY 1.00 X X 0 0 0 TRAVIS BROWN TREASURER 1.00 X X 0 0 0 NICOLETTE ANDERSON VICE PRESIDE 1.00 X X 0 0 0 GLENDA NELSON PRESIDENT 1.00 X X 0 0 0 113393 20720 1 false false false 1165181 1165181 MISCELLANEOUS 900099 80 80 80 1165261 80 X 135051 132310 2741 375330 362531 12799 94839 94839 30598 27863 2735 34923 32572 2351 30000 27981 2019 7227 7227 6565 6565 248332 231617 16715 3000 3000 57307 53450 3857 38131 35562 2569 86970 81116 5854 16039 16039 BOOKS AND SUPPLIES 43750 43750 NONCAPITALIZED EQUIPMENT 36032 33607 2425 DUES & MEMBERSHIPS 12981 12107 874 SOFTWARE 8735 8147 588 18717 17612 1105 1284527 1198064 86463 0 735883 406402 487818 213435 1995 1679 44449 17240 33610 27209 245825 1259306 894550 168743 61367 70937 18006 341902 186749 474206 X 1072557 286285 134059 1072557 420344 1259306 894550 X -119266 48049 -580996 X false false false X 37724 15223 22501 6725 2017 4708 27209 RIGHT-OF-USE ASSET 245825 245825 LEASE PAYABLES 245825 DUE TO OTHER GOVERNMENTS 96077 341902 1165261 1165261 1165261 1284527 1284527 1284527 true true true true false true true false false false false false false false false true false true 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. FORMER BUSINESS MANAGER FINANCIAL OVERSIGHT MISAPPROPRIATION false SCHEDULE L, PART V 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 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. SEE ATTACHED REASONABLE CAUSE STATEMENT.