2023-03-23T18:59:07-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2021-07-01 824502310 ELITE ACADEMIC ACADEMY - MOUNTAIN EMPIRE ELIT 8663548302 43414 BUSINESS PARK DRIVE TEMECULA CA 92590 MEGHAN FREEMAN CEO 8663548302 2023-03-23 1 MEGHAN FREEMAN 999009999 WADE MCMULLEN P00541671 6268577300 2023-03-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MEGHAN FREEMAN 43414 BUSINESS PARK DRIVE TEMECULA CA 92590 8716753 0 X ELITEACADEMIC.COM X 2018 CA OPERATION OF A CHARTER SCHOOL. 3 3 67 3 0 0 7814041 8715930 0 0 2316 823 6301 0 7822658 8716753 0 0 0 0 3511361 4951020 0 0 0 3608824 3735886 7120185 8686906 702473 29847 1871073 2094520 880331 1073931 990742 1020589 ELITE ACADEMIC ACADEMY WAS ORGANIZED TO MANAGE AND OPERATE A K-12 PUBLIC CHARTER SCHOOL. 0 0 6510901 ELITE ACADEMIC ACADEMY - MOUNTAIN EMPIRE IS A CALIFORNIA PUBLIC BENEFIT CORPORATION THAT WAS ORGANIZED TO MANAGE AND OPERATE A K-12 PUBLIC CHARTER SCHOOL. THE SCHOOL PROVIDES PERSONALIZED LEARNING EXPERIENCE FOR APPROXIMATELY 720 STUDENTS. 6510901 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 62 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X ADAM WOODARD 8663548302 43414 BUSINESS PARTK DRIVE TEMECULA CA 92590 MORGEN OELCKER PRESIDENT 1.00 X X 3300 0 0 PATRICK KEELEY VICE PRESIDENT 1.00 X X 0 0 0 RONALD JACKSON TREASURER 1.00 X X 3300 0 0 MEGHAN FREEMAN CHIEF EXECUTIVE OFFICER 0.00 40.00 X 0 313120 43980 LAURA SPENCER DIR. OF ACADEMIC INNOVATION 0.00 40.00 X 0 168604 37237 ASHLEA KIRKLAND DIRECTOR OF STUDENT DEVELOPMENT 0.00 40.00 X 0 149811 34603 TERESA SCHAFFER DIRECTOR OF COMMUNITY RELATIONS 0.00 40.00 X 0 139202 17548 EVAN JORGESEN DIRECTOR OF HOMESCHOOL 0.00 40.00 X 0 124747 30962 MONIQUE WAITHE DIRECTOR OF FLEX 0.00 40.00 X 0 128636 31510 6600 1024120 195840 0 0 1 0 PRIME EDUCATIONAL SOLUTIONS 27274 VIA INDUSTRIA SUITE BE TEMECULA CA 92590 BACK OFFICE PROVIDER 1172038 FLIPSWITCH MARKETING LLC 2451 N ARIZONA AVE CHANDLER AZ 85225 STUDENT ENRICHMENT SERVICES 249742 MCCOLGAN & ASSOCIATES INC SUITE F 217 1760 AIRLINE HWY HOLLISTER CA 95023 SPECIAL EDUCATION SERVICES 197666 RAINBOW RESOURCE CENTER 5134 DUNCAN ROAD TOULON IL 61483 STUDENT ENRICHMENT SERVICES 166084 4 8715930 8715930 823 823 8716753 0 0 823 X 7800 6476 1324 3929130 3262305 666825 565445 469481 95964 366173 304029 62144 82472 68475 13997 18539 18539 11865 11865 1838143 915578 922565 175373 175373 4396 4396 262981 222005 40976 75784 75784 17553 17553 20214 20214 28187 28187 20050 20050 INSTRUCTIONAL MATERIALS 1220881 1220881 OTHER EXPENSES 41920 3904 38016 8686906 6510901 2176005 0 648082 506586 415078 594546 786238 514759 18583 475537 3092 3092 1871073 2094520 379299 482726 221433 127031 124996 62494 154603 401680 880331 1073931 X 990742 1020589 990742 1020589 1871073 2094520 29847 0 X X 0 1 X 1 0 X 0 DUE TO RELATED PARTIES 151637 FACTORED RECEIVABLES LIABILITY 250043 401680 X 8716753 0 8716753 0 8716753 8686906 0 8686906 0 8686906 PART X, LINE 2: 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. THE ACADEMY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ACADEMY FILES AN EXEMPT ACADEMY 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 SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY WITHIN ITS CHARTER DOCUMENT. THE CHARTER DOCUMENT IS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE AND IS MADE AVAILABLE UPON REQUEST. 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 THE ORGANIZATION RECEIVES FINANCIAL ASSISTANCE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION AS PART OF ITS OPERATION AS A PUBLIC CHARTER SCHOOL. X X X 0 0 0 0 0 0 0 0 0 MEGHAN FREEMAN CHIEF EXECUTIVE OFFICER 0 313120 0 0 0 0 0 42372 0 1608 0 357100 0 0 LAURA SPENCER DIR. OF ACADEMIC INNOVATION 0 168604 0 0 0 0 0 26437 0 10800 0 205841 0 0 ASHLEA KIRKLAND DIRECTOR OF STUDENT DEVELOPMENT 0 149811 0 0 0 0 0 23803 0 10800 0 184414 0 0 MONIQUE WAITHE DIRECTOR OF FLEX 0 128636 0 0 0 0 0 21042 0 10468 0 160146 0 0 TERESA SCHAFFER DIRECTOR OF COMMUNITY RELATIONS 0 139202 0 0 0 0 0 6748 0 10800 0 156750 0 0 EVAN JORGESEN DIRECTOR OF HOMESCHOOL 0 124747 0 0 0 0 0 20162 0 10800 0 155709 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. 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 CEO'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 DETERMINE 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. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G EDUCATIONAL SERVICES: PROGRAM SERVICE EXPENSES 445,099. MANAGEMENT AND GENERAL EXPENSES 448,496. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 893,595. DISTRICT OVERSIGHT FEES: PROGRAM SERVICE EXPENSES 37,143. MANAGEMENT AND GENERAL EXPENSES 37,426. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,569. BACK OFFICE FEES: PROGRAM SERVICE EXPENSES 433,336. MANAGEMENT AND GENERAL EXPENSES 436,643. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 869,979. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ELITE ACADEMIC ACADEMIES - INVESTMENT CHARTER 43414 BUSINESS PARK DRIVE TEMECULA CA 92590 825197130 SCHOOL CA 501(C)(3) LINE 2 EAA 0 ELITE ACADEMIC ACADEMIES - LUCERNE 43414 BUSINESS PARK DRIVE TEMECULA CA 92590 824453363 SCHOOL CA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0