2023-10-12T18:51:14-05:00 2022-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2021-07-01 330768316 WATTS LEARNING CENTER FOUNDATION INC WATT 3237549900 310 W 95TH STREET LOS ANGELES CA 90003 EUGENE L FISHER PRESIDENT 3237549900 2023-10-12 1 EUGENE FISHER 999009999 CATHERINE L GRAY CPA P01294460 9094664410 2023-10-12 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z EUGENE L FISHER 310 W 95TH STREET LOS ANGELES CA 90003 13454698 0 X WWW.WATTSLEARNINGCENTER.ORG X 1997 CA THE WATTS LEARNING CENTER IS AN INDEPENDENT PUBLIC CHARTER ELEMENTARY AND MIDDLE SCHOOL IN THE INNER CITY OF LOS ANGELES. OUR GOAL IS TO PROVIDE A WORLD-CLASS EDUCATION AND TO ACHIEVE OPTIMUM LEARNING AMONG OUR STUDENTS. 8 8 130 0 0 0 11641464 13454698 0 0 0 0 0 0 11641464 13454698 0 0 0 0 6994656 7971012 0 0 0 3960970 4028493 10955626 11999505 685838 1455193 12816305 15348896 1464009 2541407 11352296 12807489 THE WATTS LEARNING CENTER WILL BUILD ON THE SUCCESS OF HEAD START AND OTHER PRE-SCHOOL PROGRAMS BY CREATING A CULTURE OF LEARNING IN WHICH ALL STAKEHOLDERS - STUDENTS, PARENTS OR GUARDIANS, FACULTY AND STAFF - HAVE CLEARLY DEFINED ROLES AND EXPECTATIONS 0 0 9465709 THE FOUNDATION PROVIDED OVERSIGHT OF THE ACADEMIC,FINANCIAL, HUMAN RESOURCE, MARKETING, PARENT RELATIONS, COMMUNITY RELATIONS, AND FACILITIES OF THE WATTS LEARNING CENTER (A CHARTER SCHOOL OF THE LOS ANGELES UNIFIED SCHOOL DISTRICT). THE FOUNDATION ALSO ASSISTED IN OBTAINING TEMPORARY ADVANCES, LOANS AND GRANTS FROM OTHERS WHICH WERE USED IN THE DEVELOPMENT AND DIRECT SUPPORT OF THE OPERATIONS OF THE SCHOOL. THESE RESOURCES AND ASSISTANCE ALLOWED THE SCHOOL TO OFFER INSTRUCTION FOR KINDERGARTEN,ELEMENTARY AND MIDDLE STUDENTS DURING THE SCHOOL YEAR. 9465709 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 25 0 1 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X WATTS LEARNING CENTER INC 3237549900 310 W 95TH ST LOS ANGELES CA 90003 EUGENE L FISHER PRESIDENT 2.00 X X 0 0 0 DAVID MORA TREASURER/SECRETARY 2.00 X X 0 0 0 GLEN POLSON MEMBER 2.00 X 0 0 0 JUSTIN SANDERS MEMBER 2.00 X 0 0 0 DR DARELL J SCHREGARDUS MEMBER 2.00 X 0 0 0 RAO YALAMANCHILI MEMBER 2.00 X 0 0 0 JOHN YELDING MEMBER 2.00 X 0 0 0 MARY GRIFFIN MEMBER 2.00 X 0 0 0 ANGELIQUE SIMS DIRECTOR-MIDDLE SCHOOL 40.00 X 163173 0 33660 OLUWAKEMI MUSTAPHA DIRECTOR 40.00 X 128693 0 26538 DEJUAN RUFFIN DIRECTOR OF OPERATIONS 40.00 X 118590 0 26036 410456 0 86234 3 0 1 0 SCHOOL NUTRITION PLUS 6424 CLARA ST BELL GARDENS CA 90201 NUTRITION PROGRAM 529017 STAR INC 10101 JEFFERSON CULVER CITY CA 90232 AFTERSCHOOL PROVIDER 194727 EXCELLENT EDUCATION DEVELOPMENT INC 1990 S BUNDY DR SUITE 340 LOS ANGELES CA 90025 BACK-OFFICE SERVICES 187776 CROSS COUNTRY EDUCATION PO BOX 743425 LOS ANGELES CA 90074 SPECIAL EDUCATION SERVICES 133047 4 12643191 811507 13454698 13454698 0 0 0 196833 196833 5285932 4344486 941446 858820 711287 147533 1629427 1331275 298152 1048729 642674 406055 77770 77770 30191 30191 160218 160218 1052233 871227 181006 3977 3977 116765 116765 55106 55106 STUDENT NUTRITION 529017 529017 SPECIAL EDUCATION FEE 315971 315971 TEXTBOOKS AND INSTRUCTI 305742 305742 DISTRICT OVERSIGHT 80154 80154 252620 96455 156165 11999505 9465709 2533796 0 7336961 9196836 2683809 3123706 154475 95353 1028354 579352 475355 449002 2165705 2483999 12816305 15348896 695593 869777 768416 1671630 1464009 2541407 X 11352296 12807489 11352296 12807489 12816305 15348896 1455193 0 X 0 1 X 1 0 X 9985593 11232582 10740138 11641464 13454698 57054475 9985593 11232582 10740138 11641464 13454698 57054475 57054475 12 12 57054487 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1028354 579352 449002 449002 LONG TERM RECEIVABLE 1757526 INTERCOMPANY RECEIVABLE 726473 2483999 REFUNDABLE ADVANCE 990337 INTERCOMPANY PAYABLE 681293 1671630 X PART X, LINE 2: MANAGEMENT BELIEVES THAT THE CORPORATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. 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 IS A PUBLIC CHARTER SCHOOL AND THEREFORE IS NOT SUBJECT TO THE FORMAL COMPLIANCE WITH REVENUE PROCEDURE 75-50 AS LONG AS THE CHARTER AGREEMENT WITH THE STATE IS IN EFFECT. THE SCHOOL DOES INCLUDE INFORMATION REGARDING ITS NON-DISCRIMINATION PRACTICES IN ITS ENROLLMENT PACKAGES. SCHEDULE E, PART I, LINE 4 AS A PUBLIC CHARTER SCHOOL, THE SCHOOL DOES NOT PROVIDE SCHOLARSHIPS OR FINANCIAL AID. SCHEDULE E, PART I, LINE 6 CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE X 0 0 0 0 0 0 0 0 0 ANGELIQUE SIMS DIRECTOR-MIDDLE SCHOOL 162423 0 750 0 0 0 26707 0 6953 0 196833 0 0 0 OLUWAKEMI MUSTAPHA DIRECTOR 127443 0 1250 0 0 0 20984 0 5554 0 155231 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE GIVEN TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS MUST DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST, WHICH ARE MONITORED BY THE EXECUTIVE DIRECTOR AND THE BOARD. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS AND VOTING ON THE ISSUE.THE FORM 990 WILL BE GIVEN TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL FORM 990, PART VI, SECTION B, LINE 15 BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATION SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR AND PRINCIPAL'S SALARIES FORM 990, PART VI, SECTION C, LINE 18 ALL TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S LOCATION DURING NORMAL BUSINESS HOURS. WATTS LEARNING CENTER INC 310 W 95TH ST LOS ANGELES CA 90003 261910610 SUPPORTING ORGANIZATION CA 501(C)(3) LINE 12B, II 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 310 WEST 95TH STREET LLC K ACTUAL AMOUNT