2021-05-17T09:04:26-05:00 2020-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2019-07-01 954487850 THE ACCELERATED SCHOOLS ACCE 3232356343 116 EAST MARTIN LUTHER KING JR BLVD LOS ANGELES CA 90011 VINCENT SHIH CFO 3232356343 2021-05-14 1 CATHERINE L GRAY P01294460 9094664410 2021-05-14 2019 2022-09-23 18:48:47Z VINCENT SHIH 116 EAST MARTIN LUTHER KING JR BLVD LOS ANGELES CA 90011 31159221 0 X WWW.ACCELERATED.ORG X 1994 CA THE 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. 8 8 227 150 0 0 23539207 24624228 3042 0 641170 71615 84821 0 24268240 24695843 0 0 0 0 12926981 15651122 0 0 0 9187212 9227147 22114193 24878269 2154047 -182426 107471541 107649641 12035137 12273092 95436404 95376549 THE 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. 0 0 20314100 THE ORGANIZATION OPERATES THREE CHARTER SCHOOLS; THE ACCELERATED SCHOOL (TAS), ACCELERATED ELEMENTARY CHARTER SCHOOL (ACES), AND WALLIS ANNENBERG HIGH SCHOOL (WAHS). TAS CURRENTLY SERVES APPROXIMATELY 732 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHT. ACES CURRENTLY SERVES APPROXIMATELY 492 STUDENTS IN GRADES TRANSITIONAL KINDERGARTEN THROUGH SIX. WAHS CURRENTLY SERVES APPROXIMATELY 493 STUDENTS IN GRADES NINE THROUGH TWELVE. 20314100 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 0 0 0 1 25 0 1 227 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 3232356343 116 EAST MARTIN LUTHER KING JR BLVD LOS ANGELES CA 90011 GRACE LEE-CHANG CEO 40.00 X 165000 0 0 LENITA LUGO DIRECTOR OF CURRICULUM AND INSTRUCTION/BOARD SECRE 40.00 X 145025 0 0 VINCENT SHIH CFO/TREASURER 40.00 X 143190 0 0 LEONARD RABINOWITZ PRESIDENT 2.00 X X 0 0 0 PETER MORRISON VICE PRESIDENT 2.00 X X 0 0 0 ELIZABETH GALAVIZ BOARD MEMBER 2.00 X 0 0 0 LARRY PICUS BOARD MEMBER 2.00 X 0 0 0 JOHN WARD BOARD MEMBER 2.00 X 0 0 0 ELISABETH WEISS BOARD MEMBER 2.00 X 0 0 0 SCOT YETTER BOARD MEMBER 2.00 X 0 0 0 BINTI YOST BOARD MEMBER 2.00 X 0 0 0 453215 0 0 3 0 1 0 DIRECTED 21820 BURBANK BLVD 310B WOODLAND CA 91367 SPECIAL EDUCATION 665237 BETTER 4 YOU MEALS 5743 SMITHWAY ST 103 COMMERCE CA 90040 NUTRITION PROGRAM 482444 EXED 11858 LA GRANGE AVE 2 LOS ANGELES CA 90025 BACK-OFFICE SERVICES 303225 TEACHERS ON RESERVE 604 SONORA AVE GLENDALE CA 91201 STAFFING SERVICES 188236 PREMIER EDUCATIONAL STAFFING LLC PO BOX 3172 SOUTH PASADENA CA 91031 STAFFING SERVICES 169619 8 23478774 1145454 24624228 648034 648034 5886959 6463378 -576419 -576419 -576419 24695843 0 0 71615 453215 453215 10636693 9032221 1604472 1803228 1607667 195561 2757986 2592652 165334 343623 343623 11276 11276 2379887 1602049 777838 3189 3189 31035 31035 161382 161382 998100 837479 160621 16806 16806 167383 167383 2129101 2129101 140799 140799 STUDENT NUTRITION 1047921 1047921 0 INSTRUCTIONAL MATERALS 571921 571921 CAPITAL OUTLAY 489089 489089 STUDENT EDUCATION 269297 269297 466338 117897 348441 24878269 20314100 4564169 0 26727 14229080 34537955 19759595 824189 2837763 38010 84905 88808865 18070567 72044660 70738298 107471541 107649641 1840957 2364092 10194180 9909000 12035137 12273092 X 95436404 95376549 95436404 95376549 107471541 107649641 -182426 122571 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4935853 4935853 83873012 18070567 65802445 70738298 X 24818414 122571 122571 24695843 0 24695843 24878269 0 24878269 0 24878269 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 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 REGISTRATION MATERIALS AND DOCUMENTS USED TO SOLICIT STUDENTS. 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 ORGANIZATION RECEIVES CALIFORNIA STATE APPORTIONMENT REVENUE BASED ON STUDENT ATTENDANCE X 0 0 0 0 0 0 0 0 0 GRACE LEE-CHANG CEO 165000 0 0 0 0 0 0 0 0 0 165000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS A DRAFT OF FORM 990 THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO ALL BOARD MEMBERS AND REVIEWED AT THE NEXT BOARD MEETING FORM 990, PART VI, SECTION B, LINE 12C BOARD COMPLETES ANNUAL DISCLOSURES WHICH ARE MONITORED. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSION AND VOTING ON THE ISSUE. THE SCHOOL ADVERTISES POSITIONS TO STAFF VIA EMAIL THE SCHOOL HAS A LINK ON ITS WEBSITE FOR APPLICANTS WHO ARE INTERESTED IN EMPLOYMENT OPPORTUNITIES THE LINK DIRECTS THE APPLICANT TO THE EDJOIN WEBSITE WHERE THEY CAN COMPLETE AN ONLINE APPLICATION AND VIEW THE JOB POSTING (REQUIREMENTS, DUTIES AND PAY) THE POSITION IS ADVERTISED UNTIL IT IS FILLED THE HIRING MANAGER AND INTERVIEW COMMITTEE REVIEW ALL APPLICATIONS AND SELECT APPLICANTS FOR INTERVIEWING HUMAN RESOURCES AND THE CEO REVIEW THE RECOMMENDED CANDIDATE'S APPLICATION AND INTERVIEW NOTES OF THE COMMITTEE, TO MAKE FINAL APPROVAL THEN A JOB OFFER IS MADE BY HUMAN RESOURCES ALL BOARD MEMBERS, OFFICERS AND SOME OF THE KEY EMPLOYEES COMPLETE AN ANNUAL FORM 700 TO DISCLOSE IF THEY HAVE ANY CONFLICTS OF INTEREST FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED BASED ON THE MARKET, QUALIFICATIONS, AND BUDGET FOR THE POSITION AND NEEDS OF THE ORGANIZATION THE ANALYSIS, COMPARISON, AND HIRING OF THE CEO IS DONE BY THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE DISCLOSED ON THE SCHOOL'S WEBSITE AND ARE AVAILABLE UPON REQUEST. THE ACCELERATED SCHOOL FOUNDATION 116 E MARTIN LUTHER KING BLVD LOS ANGELES CA 90011 FOUNDATION CA 501(C)(3) LINE 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0