STRATEGY STUDIO / PUBLIC DATA EXPLORER

THE ACCELERATED SCHOOLS: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE ACCELERATED SCHOOLS (EIN 95-4487850)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-15
IRS object ID
202541359349306919
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T11:17:46-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN272956198PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHRISTY WHITE ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1348 OLIVE STREETAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954487850EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ACCELERATED SCHOOLSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACCEBusinessNameControlTxt
Phone3232356343PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 S MAIN STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900371022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEBBIE KUKTAPersonNm
Person TitleCHIEF BUSINESS OFFICERPersonTitleTxt
Phone3232356343PhoneNum
Signature2025-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARCY KEARNEYPreparerPersonNm
PTINP02370487PTIN
Phone6192708222PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGRACE LEE-CHANG CEOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 S MAIN STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900371022ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,380,256GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressACCELERATED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE ACCELERATED SCHOOLS WERE FOUNDED ON THE BELIEF THAT EVERY CHILD SHOULD BE TREATED (SEE SCH O)ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee262TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$35,945,881PYContributionsGrantsAmt
CY Contributions Grants$38,738,423CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$106,937PYInvestmentIncomeAmt
CY Investment Income$639,877CYInvestmentIncomeAmt
PY Other Revenue$34,373PYOtherRevenueAmt
CY Other Revenue$12,040CYOtherRevenueAmt
PY Total Revenue$35,873,317PYTotalRevenueAmt
CY Total Revenue$39,390,340CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$22,298,176PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$22,351,235CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$15,796,100PYOtherExpensesAmt
CY Other Expenses$19,160,387CYOtherExpensesAmt
PY Total Expenses$38,094,276PYTotalExpensesAmt
CY Total Expenses$41,511,622CYTotalExpensesAmt
PY Revenues Less Expenses-$2,220,959PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,121,282CYRevenuesLessExpensesAmt
Total Assets BOY$112,688,873TotalAssetsBOYAmt
Total Assets EOY$111,077,721TotalAssetsEOYAmt
Total Liabilities BOY$24,365,221TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,303,272TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$88,323,652NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$88,774,449NetAssetsOrFundBalancesEOYAmt
MissionTHE ACCELERATED SCHOOLS WERE FOUNDED ON THE BELIEF THAT EVERY CHILD SHOULD BE TREATED AS GIFTED, WITH AN EMPHASIS ON HIGH EXPECTATIONS FOR STUDENT ACHIEVEMENT, A SUPPORTIVE LEARNING ENVIRONMENT, AND EXTENSIVE PARENT INVOLVEMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$34,106,245ExpenseAmt
DescTHE ORGANIZATION OPERATES THREE CHARTER SCHOOLS; THE ACCELERATED SCHOOL (TAS), ACCELERATED ELEMENTARY CHARTER SCHOOL (ACES), AND WALLIS ANNENBERG HIGH SCHOOL (WAHS). TAS CURRENTLY SERVES APPROXIMATELY 740 STUDENTS IN GRADES TRANSITIONAL KINDERGARTEN THROUGH EIGHT. ACES CURRENTLY SERVES APPROXIMATELY 500 STUDENTS IN GRADES TRANSITIONAL KINDERGARTEN THROUGH SIX. WAHS CURRENTLY SERVES APPROXIMATELY 450 STUDENTS IN GRADES NINE THROUGH TWELVE.Desc
Total Program Service Expenses$34,106,245TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document69IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee262EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3232356343PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14000 S MAIN STREETAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900371022ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARIO DE LA CRUZ
TRUSTEE2.00Yes (X)$0$0$0
BRITTANY BROOKS
TRUSTEE2.00Yes (X)$0$0$0
LINDSAY BERZ
TRUSTEE2.00Yes (X)$0$0$0
BINTI P YOST
TRUSTEE2.00Yes (X)$0$0$0
LAWRENCE PICUS
TRUSTEE2.00Yes (X)$0$0$0
PETER B MORRISON
VICE PRESIDENT2.00Yes (X)$0$0$0
LEONARD RABINOWITZ
PRESIDENT6.00Yes (X)$0$0$02.00
GRACE LEE-CHANG
CHIEF EXECUTIVE OFFICER40.00$242,500$0$47,374Yes (X)
LENITA LUGO
DIRECTOR/SECRETARY40.00$159,062$0$46,621Yes (X)
DEBBIE KUKTA
CHIEF BUSINESS OFFICER/CFO40.00$154,052$0$40,8471.00Yes (X)
CYNTHIA FOLEY
CHIEF HR OFFICER40.00$198,613$0$54,235Yes (X)
KIMBERLY SHEEHAN
DIRECTOR OF OPERATIONS40.00$189,829$0$47,451Yes (X)
FRANCIS READING
DIRECTOR OF ELEMENTARY EDU40.00$169,390$0$54,187Yes (X)
BRIAN JAMES
HEAD OF COLLAGE AND CAREER READINESS40.00$168,580$0$32,030Yes (X)
FELICIA JACKSON
ASSISTANT PRINCIPAL, TAS40.00$162,193$0$38,735Yes (X)
ROBERT FRENCH
DIRECTOR OF HR40.00$150,822$0$50,948Yes (X)
KARIN FIGUEROA
PRINCIPAL, ACES40.00$147,418$0$36,324Yes (X)
CARLOS GARCIA
TECHNOLOGY DIRECTOR40.00$147,282$0$35,574Yes (X)
CARMEN RAMOS
ASSISTANT PRINCIPAL, ACES40.00$144,602$0$40,588Yes (X)
DAVID TRAN
HEAD OF ACADEMIES & FACULTY AFFAIRS40.00$142,945$0$50,656Yes (X)
STEPHEN DICKINSON
FORMER CBO/CFO40.00$239,491$0$62,3281.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,416,779TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$637,898TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K44IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARC
370 AMAPOLA AVE SUITE 208TORRANCECA90501AFTERSCHOOL CARE$1,696,062
CROSS COUNTY EDUCATION
21820 BURBANK BLVD STE 120WOODLAND HILLSCA91367SPECIAL EDUCATION$1,473,668
HEYTUTOR INC
15233 VENTURA BLVD SUITE 500SHERMAN OAKSCA91403TUTORING$870,558
TEACHERS ON RESERVE
604 SONORA AVEGLENDALECA91201SUBSTITUTE TEACHERS$524,869
GRAYCON INC
232 S 8TH AVECITY OF INDUSTRYCA91746ELECTRICAL WORK$433,716
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K24CntrctRcvdGreaterThan100KCnt
Government Grants$38,660,955GovernmentGrantsAmt
All Other Contributions$77,468AllOtherContributionsAmt
Total Contributions$38,738,423TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,031,219TotalRevenueColumnAmt
Exclusion$1,031,219ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$598,574SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$989,916SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$391,342SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$391,342TotalRevenueColumnAmt
Exclusion-$391,342ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$12,040TotalRevenueColumnAmt
Exclusion$12,040ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$12,040OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,390,340TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$651,917ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$616,380TotalAmt
Program Services$435,130ProgramServicesAmt
Management And General$181,250ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$16,967,222TotalAmt
Program Services$13,643,997ProgramServicesAmt
Management And General$3,323,225ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,062,417TotalAmt
Program Services$1,983,458ProgramServicesAmt
Management And General$78,959ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,154,545TotalAmt
Program Services$1,809,883ProgramServicesAmt
Management And General$344,662ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$550,671TotalAmt
Program Services$282,043ProgramServicesAmt
Management And General$268,628ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$143,404TotalAmt
Management And General$143,404ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$441,088TotalAmt
Management And General$441,088ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,572,266TotalAmt
Program Services$2,721,439ProgramServicesAmt
Management And General$850,827ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$833,399TotalAmt
Program Services$414,351ProgramServicesAmt
Management And General$419,048ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$200,077TotalAmt
Management And General$200,077ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,360,513TotalAmt
Program Services$1,939,627ProgramServicesAmt
Management And General$420,886ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$218,303TotalAmt
Program Services$218,303ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$83,112TotalAmt
Program Services$83,112ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$178,170TotalAmt
Management And General$178,170ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,174,511TotalAmt
Program Services$2,091,971ProgramServicesAmt
Management And General$82,540ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$235,779TotalAmt
Management And General$235,779ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
AFTER SCHOOL SERVICES$2,995,992$2,995,992
BOOKS AND SUPPLIES$2,636,572$2,399,738$236,834
SPECIAL ED SERVICES$2,471,282$2,471,282
CHARTER AUTHORIZER FEES$615,919$615,919

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$41,511,622TotalAmt
Program Services$34,106,245ProgramServicesAmt
Management And General$7,405,377ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,030,130BOYAmt
EOY$4,540,828EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$662,519BOYAmt
EOY$409,001EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,407,412BOYAmt
EOY$7,208,572EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$158,768BOYAmt
EOY$403,329EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$92,275,008LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,570,366LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$66,917,426BOYAmt
EOY$65,704,642EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$29,281,632BOYAmt
EOY$32,572,914EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$230,986BOYAmt
EOY$238,435EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$112,688,873BOYAmt
EOY$111,077,721EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,691,738BOYAmt
EOY$4,454,398EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,453,030BOYAmt
EOY$8,929,344EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,984,317BOYAmt
EOY$8,675,944EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$236,136BOYAmt
EOY$243,586EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,365,221BOYAmt
EOY$22,303,272EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$88,323,652BOYAmt
EOY$88,774,449EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$88,323,652BOYAmt
EOY$88,774,449EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$112,688,873BOYAmt
EOY$111,077,721EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,121,282ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,692,708NetUnrlzdGainsLossesInvstAmt
Investment Expense-$120,629InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,520,853OtherCostOrOtherBasisAmt
Book Value$5,520,853BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$81,911,493OtherCostOrOtherBasisAmt
Depreciation$23,482,439DepreciationAmt
Book Value$58,429,054BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,262,895OtherCostOrOtherBasisAmt
Depreciation$3,087,927DepreciationAmt
Book Value$1,174,968BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$579,767OtherCostOrOtherBasisAmt
Book Value$579,767BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$65,704,642TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABLITYDesc
Amt$243,586Amt
FieldValueIRS element (for citing)
Total Liability$243,586TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$41,962,419TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,692,708NetUnrealizedGainsInvstAmt
Revenue Not Reported$2,692,708RevenueNotReportedAmt
Revenue Subtotal$39,269,711RevenueSubtotalAmt
Investment Expenses Not Incld$120,629InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$120,629RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$39,390,340TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$41,511,622TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$41,511,622ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$41,511,622TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT BELIEVES ALL OF ITS SIGNIFICANT TAX POSITIONS WOULD BE UPHELD UNDER EXAMINATION; THEREFORE, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE POLICY IS AVAILABLE ON THE SCHOOL'S WEBSITE AS WELL AS WITHIN THE SCHOOL'S CHARTER PETITION.
SCHEDULE E, PART I, LINE 4THE ORGANIZATION IS A TUITION-FREE PUBLIC CHARTER SCHOOL; THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE NOT APPLICABLE.
SCHEDULE E, PART I, LINE 6AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES GOVERNMENTAL FUNDING FROM THE U.S. AND CALIFORNIA DEPARTMENTS OF EDUCATION.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEPHEN DICKINSON
FORMER CBO/CFO$239,491$0$0$0$0$0$62,328$0$0$0$301,819$0$0$0
GRACE LEE-CHANG
CHIEF EXECUTIVE OFFICER$242,500$0$0$0$0$0$46,075$0$1,299$0$289,874$0$0$0
CYNTHIA FOLEY
CHIEF HR OFFICER$198,613$0$0$0$0$0$37,736$0$16,499$0$252,848$0$0$0
KIMBERLY SHEEHAN
DIRECTOR OF OPERATIONS$189,829$0$0$0$0$0$36,068$0$11,383$0$237,280$0$0$0
FRANCIS READING
DIRECTOR OF ELEMENTARY EDU$169,390$0$0$0$0$0$32,184$0$22,003$0$223,577$0$0$0
LENITA LUGO
DIRECTOR/SECRETARY$159,062$0$0$0$0$0$30,222$0$16,399$0$205,683$0$0$0
ROBERT FRENCH
DIRECTOR OF HR$150,822$0$0$0$0$0$28,656$0$22,292$0$201,770$0$0$0
FELICIA JACKSON
ASSISTANT PRINCIPAL, TAS$162,193$0$0$0$0$0$30,817$0$7,918$0$200,928$0$0$0
BRIAN JAMES
HEAD OF COLLAGE AND CAREER READINESS$168,580$0$0$0$0$0$32,030$0$0$0$200,610$0$0$0
DEBBIE KUKTA
CHIEF BUSINESS OFFICER/CFO$154,052$0$0$0$0$0$40,092$0$755$0$194,899$0$0$0
DAVID TRAN
HEAD OF ACADEMIES & FACULTY AFFAIRS$142,945$0$0$0$0$0$27,160$0$23,496$0$193,601$0$0$0
CARMEN RAMOS
ASSISTANT PRINCIPAL, ACES$144,602$0$0$0$0$0$27,474$0$13,114$0$185,190$0$0$0
KARIN FIGUEROA
PRINCIPAL, ACES$147,418$0$0$0$0$0$28,009$0$8,315$0$183,742$0$0$0
CARLOS GARCIA
TECHNOLOGY DIRECTOR$147,282$0$0$0$0$0$27,984$0$7,590$0$182,856$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION OR ACTIVITIESAS GIFTED, WITH AN EMPHASIS ON HIGH EXPECTATIONS FOR STUDENT ACHIEVEMENT, A SUPPORTIVE LEARNING ENVIRONMENT, AND EXTENSIVE PARENT INVOLVEMENT.
FORM 990, PART VI, SECTION B, LINE 11BA DRAFT OF THE FORM 990 IS PROVIDED TO MANAGEMENT AND DISBURSED TO THE BOARD MEMBERS FOR REVIEW AND COMMENT. MANAGEMENT WILL FINALIZE AFTER RECEIVING ANY INPUT OR FEEDBACK FROM THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CMANAGEMENT AND MEMBERS OF THE BOARD MUST ANNUALLY COMPLETE THE CA FORM 700 STATEMENT OF ECONOMIC INTEREST.
FORM 990, PART VI, SECTION B, LINE 15MANAGEMENT COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD AT A PUBLIC MEETING AND DOCUMENTED IN A WRITTEN EMPLOYMENT AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE ACCELERATED SCHOOLS FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1116 EAST MARTIN LUTHER KING BLVDAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90011ZIPCd
FieldValueIRS element (for citing)
EIN260870221EIN
Primary ActivitiesSUPPORT EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE ACCELERATED SCHOOLS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeSTransactionTypeTxt
Method Of Amount DeterminationLAND DONATIONMethodOfAmountDeterminationTxt