2025-05-15T19:36:19-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 821301171 DEMOCRACY PREP AT THE AGASSI CAMPUS DEMO 7023162410 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 DR BIANTE GAINOUS EDD REGIONAL SUPERINTENDENT OF LAS VEGA 7023152410 2025-05-15 1 1 DERRICK DEBRUYNE P00591016 6268577300 2025-05-15 2023 2025-03-06 01:10:19Z DR BIANTE GAINOUS EDD 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 18156247 0 X HTTPS://DEMOCRACYPREP.ORG/NV/DPACHS/ X 2017 NV TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 10 9 117 10 0 0 12148060 18124979 0 0 0 0 23560 31268 12171620 18156247 0 0 0 0 7848964 8765645 0 0 0 7642829 6603396 15491793 15369041 -3320173 2787206 7975768 8391440 10679144 8307610 -2703376 83830 DPAC SEEKS TO EDUCATE RESPONSIBLE CITIZEN-SCHOLARS FOR SUCCESS IN THE COLLEGE OF THEIR CHOICE AND A LIFE OF ACTIVE CITIZENSHIP. 0 0 10671953 0 31268 FUSING A RIGOROUS INSTRUCTIONAL PROGRAM WITH A FULL COMPLEMENT OF ARTS AND ATHLETICS OFFERINGS, DPAC AIMS TO BE THE HIGHEST PERFORMING PUBLIC SCHOOL CHOICE FOR FAMILIES IN LAS VEGAS. 10671953 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 47 0 1 117 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X JACKIE WHITE 7023162410 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 ADAM JOHNSON BOARD CHAIR 1.00 0.00 X X 0 0 0 DR TARA RAINES VICE CHAIR 1.00 0.00 X X 0 0 0 LINDA JONES EASTON SECRETARY 1.00 40.00 X X 0 118059 21190 JANELLE ADDIS TREASURER 1.00 0.00 X X 0 0 0 DR NANCY BRUNE DIRECTOR 1.00 0.00 X 0 0 0 MALIKA EL BAKKAL LEES DIRECTOR 1.00 0.00 X 0 0 0 JASON D GUINASSO DIRECTOR 1.00 0.00 X 0 0 0 MALIQ I KENRICKS DIRECTOR 1.00 0.00 X 0 0 0 ARI YAGO-KIPPEN DIRECTOR 1.00 0.00 X 0 0 0 PHILLIP NELSON SMITH JR DIRECTOR 1.00 0.00 X 0 0 0 CHAUNCEY NASH EXECUTIVE DIRECTOR (THRU 9/23) 1.00 40.00 X 0 145076 16386 DR BIANTE GAINOUS REGIONAL SUPERINTENDENT (START 6/24) 1.00 40.00 X 0 0 0 0 263135 37576 0 0 1 0 CROSS COUNTRY EDUCATION PO BOX 743425 LAS VEGAS NV 90074 SUBSTITUTE TEACHER 922603 SLA MANAGEMENT 601 S LAKE DESTINY DRIVE MAITLAND FL 32751 STUDENT MEALS 833339 PROCARE THERAPY PO BOX 934411 ATLANTA GA 31193 SPECIAL EDUCATION CONSULTANTS 473700 THE STEPPING STONES GROUP LLC 123 NORTH WACKER DRIVE CHICAGO IL 60606 OCCUPATIONAL THERAPIST 383374 SCOOT EDUCATION INC 5670 WILSHIRE BOULEVARD STE 1970 LOS ANGELES CA 90036 SUBSTITUTE TEACHER 295611 10 11256976 6868003 18124979 20190 0 20190 20190 20190 STUDENT ACTIVITIES 900099 9689 9689 MISCELLANEOUS REVENUE 900099 1389 1389 11078 18156247 31268 0 0 X 6341152 4695943 1645209 1834106 1353235 480871 506104 373412 132692 84283 62185 22098 1420465 1420465 7012 7012 71845 71845 2064955 1831350 233605 29287 29287 314994 209366 105628 1351907 1351907 42975 42975 158046 158046 207366 207366 INSTRUCTIONAL MATERIALS 771442 771442 OTHER EXPENSES 163102 23113 139989 15369041 10671953 4697088 0 1247907 1485294 184581 574411 90755 101777 1174521 930666 250286 243855 6202239 5986103 7975768 8391440 2201032 1326485 7088241 6568867 1389871 412258 10679144 8307610 X -2995842 -188822 292466 272652 -2703376 83830 7975768 8391440 2787206 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1174521 930666 243855 243855 DEFERRED OUTFLOWS - PENSIONS 5495015 SECURITY DEPOSIT 9000 DUE FROM RELATED PARTIES 482088 5986103 DEFERRED INFLOWS - PENSIONS 412258 412258 18156247 0 18156247 0 18156247 15369041 0 15369041 0 15369041 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIED GUIDELINES SET FORTH IN REV. PROC. 75-50. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES PER-PUPIL FUNDING FROM THE NEVADA DEPARTMENT OF EDUCATION UNDER THEIR CHARTER AGREEMENT. THE SCHOOL ALSO RECEIVES VARIOUS FEDERAL, STATE, AND CITY FUNDING INCLUDING ENTITLEMENTS TO ASSIST WITH COVERING THE COST OF CERTAIN PROGRAMS. SCHEDULE E, PART I, LINE 7 AS A PUBLIC SCHOOL, SUBJECT TO OPEN ENROLLMENT, THE CHARTER SCHOOL IS NOT SUBJECT TO THE SPECIFIED GUIDELINES SET FORTH IN REV. PROC. 75-50. 0 0 0 0 0 0 0 0 0 CHAUNCEY NASH EXECUTIVE DIRECTOR (THRU 9/23) 0 145076 0 0 0 0 0 5367 0 11019 0 161462 0 0 FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE JULY 1, 2017, THE DEMOCRACY PREP AGASSI CAMPUS ENTERED INTO A MANAGEMENT AGREEMENT WITH DEMOCRACY PREP PUBLIC SCHOOLS ("DPPS") AND DEMOCRACY PREP NEVADA ("DPN") TO SUPPORT THE SCHOOL'S EDUCATIONAL PROCESS, MANAGEMENT AND OPERATIONS. AS COMPENSATION TO DPPS FOR THESE SERVICES RENDERED, THE SCHOOL SHALL PAY TO DPPS AN ANNUAL FEE EQUAL TO 15% OF THE SCHOOL'S NONCOMPETITIVE PUBLIC REVENUE IN THE INITIAL TERM OF ONE YEAR. THE PERCENTAGE WILL DECREASE BY ONE HALF PERCENT (0.5%) IN EACH RENEWAL TERM UNTIL IT REACHES A MINIMUM OF 12% OF THE NONCOMPETITIVE PUBLIC REVENUE OF THE SCHOOL AND WILL REMAIN IN EFFECT FOR ALL SUBSEQUENT RENEWAL TERMS. FOLLOWING THE INITIAL TERM, THE AGREEMENT WILL AUTOMATICALLY EXTEND FOR SUCCESSIVE ONE YEAR PERIODS UNLESS TERMINATED BY EITHER PARTY. THE AGREEMENT INCLUDES A PROVISION WHICH STATES THAT IN THE EVENT DPAC INCURS AS OPERATING DEFICIT DUE TO MANAGEMENT FEES CHARGED, THE MANAGEMENT FEES WILL BE REDUCED TO AN AMOUNT THAT WOULD RESULT IN A ZERO CHANGE IN FUND BALANCE/NET POSITION. FORM 990, PART VI, SECTION A, LINE 7A DEMOCRACY PREP NEVADA LLC, A WHOLLY OWNED SUBSIDIARY OF DEMOCRACY PREP PUBLIC SCHOOLS, HAS THE AUTHORITY TO ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING CORPORATE EVENTS SHALL BE APPROVED BY DEMOCRACY PREP NEVADA LLC: (A) AMENDMENTS TO THE ARTICLES OF INCORPORATION; (B) AMENDMENTS TO THE BYLAWS; (C) SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; (D) ANY MERGERS, CONSOLIDATIONS, CONVERSION OR DOMESTICATION OF THE CORPORATION; OR (E) DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT AND DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE THE EXISTENCE OF ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. BEFORE BOARD OR COMMITTEE ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICTS OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 1201 W. LAKE MEAD BLVD., LAS VEGAS, NV 89106, OR BY CALLING THE ORGANIZATION DIRECTLY AT (702)-316-2410. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,831,350. MANAGEMENT AND GENERAL EXPENSES 233,605. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,064,955. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. DEMOCRACY PREP PUBLIC SCHOOLS 1767 PARK AVENUE 4TH FLOOR NEW YORK NY 10035 202629354 MANAGEMENT NY 501(C)3 LINE 7 N/A 0 DEMOCRACY PREP NEVADA LLC 1201 W LAKE MEAD BLVD LAS VEGAS NV 89106 320520597 MANAGEMENT NV 501(C)3 LINE 7 N/A 0 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 3872 3RD AVE BRONX NY 10457 061581474 MANAGEMENT NY 501(C)3 LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 DEMOCRACY PREP PUBLIC SCHOOLS M 1381155 DEMOCRACY PREP PUBLIC SCHOOLS C 1156470 DEMOCRACY PREP NEW YORK CHARTER SCHOOLS Q 184009