2025-05-05T17:10:46-05:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 462168409 DHARMA EDUCATIONAL INSTITUTE DBA NEW HORIZONS CHARTER ACADEMY DHAR 8186559602 5955 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 RICHARD THOMAS EXECUTIVE DIRECTOR 8186559602 2025-05-05 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2025-05-05 2023 2025-03-06 01:10:19Z RICHARD THOMAS 5955 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 4757307 0 X WWW.NHCHARTERACADEMY.COM X 2013 CA THE NEW HORIZONS CHARTER ACADEMY (NHCA) BELIEVES EVERY STUDENT IS GIFTED, AND PROVIDES ALL OF THEIR STUDENTS WITH A RIGOUROUS AND COMPREHENSIVE, MULTI-DISCIPLINARY STANDARDS BASED INSTRUCTIONAL PROGRAM IN ALL CONTENT AREAS. NHCA VALUES EACH ONE OF THEIR COMMUNITY MEMBERS AND WILL BUILD ON THE CULTURAL AND LINGUISTIC BACKGROUND OF EACH INDIVIDUAL. 6 6 60 0 0 0 5483630 4757307 0 0 0 0 0 0 5483630 4757307 0 0 0 0 2944951 2734176 0 0 0 2260611 2178562 5205562 4912738 278068 -155431 4419761 12568860 2253492 10471442 2166269 2097418 X NEW HORIZONS CHARTER ACADEMY IS COMMITTED TO PROVIDING OUR STUDENTS WITH A COMPREHENSIVE EDUCATION THAT WILL UTILIZE STATE OF THE ART TECHNOLOGY TO SUPPORT K-8 ACADEMIC INSTRUCTION THAT WILL NUTURE AND PREPARE STUDENTS SO THEY DEVELOP 21ST CENTURY SKILLS FROM THE ONSET.NHCA IS HIGHLY COMMITTED TO PROVIDING OUR STUDENTS WITH A WIDE RANGE OF EDUCATIONAL STRATEGIES, PROGRAMS, AND TOOLS THAT WILL MOTIVATE, MEANINGFULLY ENGAGE, SYSTEMATICALLY SUPPORT, AND CONTINUOUSLY CHALLENGE THEM AS INDIVIDUALS TO DEVELOP CRITICAL THINKING, COLLABORATIVE, CREATIVE, MATHEMATICAL, TECHNOLOGY, AND SOCIAL SKILLS SO THEY BECOME COLLEGE-PREPARED AND CAREER READY. 0 0 3890585 THE CHARTER SCHOOL CURRENTLY SERVES 150 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHT. 3890585 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 8186559602 5955 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 X DAVID SAMS CHAIRMAN 1.00 X X 0 0 0 DR MARIO CASTANEDA MEMBER 1.00 X 0 0 0 GILBERT NAJM MEMBER 1.00 X 0 0 0 ILLANA YOUNGHEIM MEMBER 1.00 X 0 0 0 MARY MINASSIAN SECRETARY 1.00 X X 0 0 0 SHARON HANSLE-COHEN MEMBER 1.00 X 0 0 0 RICHARD THOMAS EXECUTIVE DIRECTOR/PRINCIP 40.00 X 256052 0 14060 256052 0 14060 1 0 1 0 CHARTER IMPACT 8500 BALBOA BLVD SUITE 140 NORTHRIDGE CA 91325 ACCOUNTING 118115 1 4743132 14175 4757307 4757307 0 0 0 X 318850 255080 63770 1715074 1375459 339615 616312 519691 96621 83940 67292 16648 704984 492374 212610 223310 136206 87104 84618 75490 9128 621195 497994 123201 4221 4221 27280 21870 5410 38285 30692 7593 SPECIAL EDUCATION FEE 212722 192137 20585 NUTRITION 135886 135886 OTHER EXPENSES 79316 65273 14043 DISTRICT OVERSIGHT FEE 25825 25825 20920 20920 4912738 3890585 1022153 0 3447298 1849206 616837 560737 80910 24410 1548667 191594 153251 1357073 121465 8777434 4419761 12568860 689878 638189 1563614 9833253 2253492 10471442 X 2166269 2097418 2166269 2097418 4419761 12568860 X -155431 86580 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1272802 1272802 13558 13558 0 262307 178036 84271 1357073 SECURITY DEPOSIT 60500 OPERATING LEASE RIGHT-OF-USE ASSET 8716934 8777434 REFUNDABLE ADVANCE 1016463 OPERATING LEASE LIABILITY 8816790 9833253 X 4757307 0 4757307 0 4757307 4912738 0 4912738 0 4912738 PART X, LINE 2: MANAGEMENT BELIEVES THAT THE ORGANIZATION 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 FINANCIAL STATEMENTS. THE ORGANIZATION 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 0 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 ALL BROCHURES, ONLINE APPLICATIONS, AND NEWSPAPER ADS THAT ARE PUBLISHED AND DISTRIBUTED TO THE PUBLIC. 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 THE SCHOOL CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE AND OTHER FEDERAL AND STATE EDUCATIONAL GRANTS. X X 0 0 0 0 0 0 0 0 0 RICHARD THOMAS EXECUTIVE DIRECTOR/PRINCIP 256052 0 0 0 0 0 0 0 14060 0 270112 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THR ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS MADE AVAILABLE TO THE BOARD MEMBERS BEFORE THE FILING OF THE RETURN FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES ALL OF THESE ELEMENTS:1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS OR ADMINISTRATIVE EXECUTIVE, 2)USE OF DATA AS TO COMPARABLE COMPENSATION; AND 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. FORM 990, PART VI, SECTION C, LINE 19 REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS UPON REQUEST 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 FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 492,374. MANAGEMENT AND GENERAL EXPENSES 212,610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 704,984. FORM 990, PART XI, LINE 9: CHANGE IN BEGINNING NET ASSETS-AUDITED FINANCIALS 86,580.