2025-01-15T08:25:33-06:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 330768316 WATTS LEARNING CENTER FOUNDATION INC WATT 3237549900 310 W 95TH STREET LOS ANGELES CA 90003 EUGENE L FISHER PRESIDENT 3237549900 2025-01-14 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2025-01-14 2023 2024-10-15 13:58:12Z EUGENE L FISHER 310 W 95TH STREET LOS ANGELES CA 90003 15973975 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 8 131 8 0 0 14055682 15973975 0 0 0 0 0 0 14055682 15973975 0 0 0 0 8071638 9624210 0 0 0 4819027 5101487 12890665 14725697 1165017 1248278 21102853 21813716 7130347 6592932 13972506 15220784 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 11959231 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. 11959231 1 1 0 0 0 0 0 0 0 0 1 1 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 21 0 1 131 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 EXED 4242086000 1190 SOUTH BUNDY DR SUITE 410 LOS ANGELES CA 90025 X EUGENE L FISHER PRESIDENT 2.00 X X 0 0 0 DAVID MORA TREASURER 2.00 X X 0 0 0 GLEN POLSON SECRETARY 2.00 X 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 DR NICKEY WOODS MEMBER 2.00 X 0 0 0 MONIQUE WOODLEY EXECUTIVE DIRECTOR 40.00 X 166359 0 16125 DAVID T MABOWE TEACHER 40.00 X 111853 0 16479 CYNTHIA CLARK TEACHER 40.00 X 110446 0 33251 CARLOS DEJUAN RUFFIN DIRECTOR OF OPERATIONS 40.00 X 129098 0 7042 SIMA ALEAHMAD TEACHER 40.00 X 107623 0 9846 MONIQUE CARRABY VALENTINE TEACHER 40.00 X 105113 0 26968 730492 0 109711 7 0 1 0 SCHOOL NUTRITION PLUS 6424 CLARA STREET BELL GARDENS CA 90201 NUTRITION PROGRAM SERVICES 560050 STAR INC 10101 JEFFERSON BLVD CULVER CITY CA 90232 AFTERSCHOOL PROGRAM SERVICES 339117 CROSS COUNTRY EDUCATION PO BOX 743425 LOS ANGELES CA 900743425 SPECIAL EDUCATION SERVICES 258394 CHARTER'S CHOICE EDUCATIONAL SERVICES 2390 CRENSHAW BLVD 534 TORRANCE CA 90501 SPECIAL EDUCATION SERVICES 250384 EXCELLENT EDUCATION DEVELOPMENT INC 1990 SOUTH BUNDY DR SUITE 340 LOS ANGELES CA 90025 BACK-OFFICE SERVICES 187857 6 15046281 927694 15973975 15973975 0 0 0 X 204714 204714 6394002 5333651 1060351 1019710 855226 164484 2005784 1644731 361053 49372 49372 56000 56000 1750321 1378996 371325 9924 9924 36573 36573 78717 78717 1303947 1097783 206164 22015 22015 128373 128373 61696 61696 STUDENT NUTRITION 626090 580388 45702 SPECIAL EDUCATION FEE 336502 336502 TEXTBOOKS AND INSTRUCTI 250366 250366 DISTRICT OVERSIGHT 100214 100214 291377 126486 164891 14725697 11959231 2766466 0 15049752 13625844 3014225 3585439 73537 96646 1265235 826335 527367 438900 2074024 2437972 1992863 21102853 21813716 1837638 2331706 5292709 4261226 7130347 6592932 X 13972506 15220784 13972506 15220784 21102853 21813716 1248278 0 X 0 1 X 1 0 X 10740138 11641464 13454698 14055682 15973975 65865957 10740138 11641464 13454698 14055682 15973975 65865957 65865957 12 12 65865969 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1265235 826335 438900 438900 CERTIFICATE OF DEPOSIT 2074024 C 2074024 LONG TERM RECEIVABLE 1157372 OPERATING LEASE RIGHT-OF-USE ASSET 835491 1992863 REFUNDABLE ADVANCE 3396342 INTERCOMPANY PAYABLE 23093 OPERATING LEASE LIABILITY 841791 4261226 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 MONIQUE WOODLEY EXECUTIVE DIRECTOR 166359 0 0 0 0 0 0 0 16125 16209 182484 16209 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. FORM 990 PART VII SECTION A COLUMN F THE ORGANIZATION PARTICIPATES IN THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF CALIFORNIA AND STATE TEACHERS RETIREMENT SYSTEM, DEFINED BENEFIT PLANS, DUE TO THE SIZE AND VARIED PARTICIPANTS IN THIS PLAN THE ACTUARIAL VALUE IS NOT CALCULATED ON A PER EMPLOYEE BASIS. NO AMOUNT IS INCLUDED IN COLUMN F FOR A REASONABLE ESTIMATE OF THE INCREASE IN ACTUARIAL VALUE. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,378,996. MANAGEMENT AND GENERAL EXPENSES 371,325. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,750,321. 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