2025-05-13T17:44:27-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 473943780 SCHOLARSHIP PREP SCHO 7147953498 1010 W 17TH STREET SANTA ANA CA 92706 JASON WATTS EXECUTIVE DIRECTOR 7147953498 2025-05-13 1 1 MARLEN GOMEZ P01306775 6268577300 2025-05-12 2023 2025-03-06 01:10:19Z JASON WATTS 1010 W 17TH STREET SANTA ANA CA 92706 36138803 0 X HTTPS://SCHOLARSHIPSCHOOLS.ORG/ X 2015 CA TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS FOR ALL STUDENTS. 5 5 332 38 0 0 29297714 33987656 0 0 198807 424060 1933133 1727087 31429654 36138803 0 0 0 0 16889403 19612877 0 0 1289 12767682 14844849 29657085 34457726 1772569 1681077 63059972 62743534 52596844 50599329 10463128 12144205 TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS WHILE CLOSING THE ACHIEVEMENT GAP FOR ALL STUDENTS, INCLUDING FOSTER YOUTH AND THOSE UNDESERVED. 0 0 26661708 OPERATING THREE PUBLIC CHARTER SCHOOLS SERVING ABOUT 1,500 STUDENTS FROM TK THROUGH 8TH GRADE FOR 179-180 INSTRUCTIONAL DAYS. 26661708 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 45 0 332 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 CA X JASON WATTS 7147953729 1010 W 17TH STREET SANTA ANA CA 92706 DR CHARLES FRIEDRICHS PRESIDENT 5.00 X X 0 0 0 JOHN ING TREASURER 3.00 X X 0 0 0 MARIBEL TOAN SECRETARY 3.00 X X 0 0 0 PETER WATSON BOARD MEMBER 3.00 X 0 0 0 BARBARA GEORGE BOARD MEMBER 3.00 X 0 0 0 JASON WATTS CO-FOUNDER & EXECUTIVE DIR 40.00 X 229662 0 63568 ANDREW CROWE DEPUTY DIRECTOR 40.00 X 203481 0 50317 KRISTEN D CROWE CHIEF COMMUNITY OFFICER 40.00 X 140373 0 33694 TAYLOR ELLIS CHIEF ACADEMIC OFFICER 40.00 X 145134 0 43099 DENNISE ALLOTEY PRINCIPAL 40.00 X 122272 0 38293 SARAH SCHOENFELD-NAKAMOTO CHIEF OPERATIONS OFFICER 40.00 X 133667 0 41519 LLESENIA VILLALOBOS GONZALEZ PRINCIPAL ON ASSIGNMENT 40.00 X 117548 0 34161 1092137 0 304651 11 0 1 0 CHARTER IMPACT LLC 8500 BALBOA BLVD SUITE 140 NORTHRIDGE CA 91325 BUSINESS MANAGEMENT, DATA AND PAYROLL SE 641675 TOP NOTCH CATERING PO BOX 1383 NATIONAL CITY CA 91951 CATERING 375362 JACOB I AGUILA 4122 HORNBROOK AVE BALDWIN PARK CA 91706 MAINTENANCE 131230 5 33929442 58214 33987656 424060 424060 GAIN ON LEASE TERMINATION 611110 1727087 1727087 1727087 36138803 0 0 2151147 603804 483043 120761 13995762 11379264 2616498 2758500 2253304 505196 1706028 1409936 296092 548783 445958 102825 862693 862693 249660 249660 73140 73140 2877210 2542710 334500 27450 27450 1365928 739580 626348 267939 216903 51036 3295078 3295078 97025 97025 1580734 1580734 729925 587605 142304 16 288956 234638 54318 OTHER EXPENSES 1871899 1816477 54149 1273 INSTRUCTIONAL MATERIAL 1257212 1257212 34457726 26661708 7794729 1289 10432342 4521213 8013683 14185632 3162691 4270988 787000 328346 37022665 1893176 14831237 35129489 25833019 4307866 63059972 62743534 1860335 2172025 5726122 4796090 17128326 36760438 575000 1290000 62494 1251239 27244567 4329537 52596844 50599329 X 10427204 12108281 35924 35924 10463128 12144205 63059972 62743534 1681077 0 X X 0 1 X 1 1 1 X 7376000 7376000 28674278 1276639 27397639 11163 4350 6813 783960 612187 171773 177264 177264 35129489 OPERATING RIGHT-OF-USE ASSET 4124353 DEPOSITS 183513 4307866 OPERATING LEASE LIABILITY 4329537 4329537 X 36138803 0 36138803 0 36138803 34457726 0 34457726 0 34457726 PART X, LINE 2: THE SCHOOL 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 DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES AN EXEMPT RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS ON THE SCHOOL'S WEBSITE ON THE ENROLLMENT PAGE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE. THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FEDERAL AND STATE FUNDING PASSED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. X X X 0 0 0 0 0 0 0 0 0 JASON WATTS CO-FOUNDER & EXECUTIVE DIR 229662 0 0 0 0 0 50911 0 12657 0 293230 0 0 0 ANDREW CROWE DEPUTY DIRECTOR 203481 0 0 0 0 0 38868 0 11449 0 253798 0 0 0 TAYLOR ELLIS CHIEF ACADEMIC OFFICER 145134 0 0 0 0 0 30637 0 12462 0 188233 0 0 0 SARAH SCHOENFELD-NAKAMOTO CHIEF OPERATIONS OFFICER 133667 0 0 0 0 0 30689 0 10830 0 175186 0 0 0 KRISTEN D CROWE CHIEF COMMUNITY OFFICER 140373 0 0 0 0 0 26811 0 6883 0 174067 0 0 0 DENNISE ALLOTEY PRINCIPAL 122272 0 0 0 0 0 25663 0 12630 0 160565 0 0 0 LLESENIA VILLALOBOS GONZALEZ PRINCIPAL ON ASSIGNMENT 117548 0 0 0 0 0 21827 0 12334 0 151709 0 0 0 A CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TKG4 2020-12-23 17745000 ACQUISITION, CONSTRUCTION, AND FURNISHING OF SCHOOL FACILITIES 0 0 0 B CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TTH3 2024-01-02 20483571 ACQUISITION, CONSTRUCTION, AND FURNISHING OF SCHOOL FACILITIES 0 0 0 A 17745000 1265863 857748 351302 11015287 1699525 2021 0 0 1 1 B 20483571 407171 20076400 2024 0 0 1 1 A 1 0 0 0 0 0 1 B 1 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. THE DISCUSSION AND COMPENSATION DECISION IS DOCUMENTED CONTEMPORANEOUSLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SCHOLARSHIP PREP FACILITY HOLDINGS LLC 770 THE CITY DR S ORANGE CA 92868 473943780 FACILITIES CA 1356501 17408446 SCHOLARSHIP PREP CHARTER SCHOOL