2021-05-11T16:50:10-05:00 2020-06-30 943108253 NOVOGRADAC & COMPANY LLP 211 E OCEAN BLVD SUITE 600 LONG BEACH CA 90802 990 2019-07-01 954766001 EXCELLENT EDUCATION DEVELOPMENT EXCE 3103941152 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 ANITA LANDECKER PRESIDENT & CEO 3103941152 2021-05-11 1 WILLIAM LETSINGER P00478303 5624329482 2019 2022-09-23 18:48:47Z X ANITA LANDECKER 1990 S BUNDY DR SUITE 340 LA CA 90025 11317419 0 X WWW.EXED.ORG X 1999 CA THE ORGANIZATION DEVELOPS, MANAGES AND PROVIDES CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 12 12 100 0 0 0 579500 237000 12559532 11014648 118546 65771 0 0 13257578 11317419 0 1629702 0 0 8105368 8898886 0 0 44939 3723075 3293696 11828443 13822284 1429135 -2504865 13673896 12584366 6544549 7918231 7129347 4666135 THE ORGANIZATION DEVELOPS, MANAGES AND PROVIDES BUSINESS CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 0 0 11027995 936165 9826146 DURING THE 2019-2020 FISCAL YEAR, THE ORGANIZATION PROVIDED SERVICES TO 105 CHARTER SCHOOLS (WITHIN 59 ORGANIZATIONS) WHICH ARE ATTENDED BY APPROXIMATELY 45,000 STUDENTS. 1582158 693537 1173855 THE ORGANIZATION RUNS A CHARTER SCHOOL FACILITY FINANCING PROGRAM FOR LOWER INCOME COMMUNITIES. 34139 0 14647 THE ORGANIZATION PROVIDES CONSULTING SERVICES TO ORGANIZATIONS FOR THE PREPARATION OF CHARTER SCHOOL BUSINESS MODELS AND PETITIONS. CONSULTING SERVICES WERE PROVIDED TO APPROXIMATELY 11 ORGANIZATIONS PLANNING TO OPERATE NEW OR CURRENTLY OPERATING CHARTER SCHOOLS. 12644292 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 25 0 1 100 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X EXCELLENT EDUCATION DEVELOPMENT 3103941152 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 WILLIAM EB SIART CHAIRMAN 2.00 X X 0 0 0 JENNIFER LI SHEN SECRETARY 1.00 X X 0 0 0 LINDSEY KOZBERG TREASURER 1.00 X X 0 0 0 ROBERT ABELES DIRECTOR 1.00 X 0 0 0 BRIAN BAUER DIRECTOR 1.00 X 0 0 0 CARL CHRISTOPHER DIRECTOR 1.00 X 0 0 0 HRAG HAMALIAN DIRECTOR 1.00 X 0 0 0 GUILBERT C HENTSCHKE DIRECTOR 1.00 X 0 0 0 LIDA JENNINGS DIRECTOR 1.00 X 0 0 0 STUART LAFF DIRECTOR 1.00 X 0 0 0 KEVIN REED DIRECTOR 1.00 X 0 0 0 JERRY RUIZ DIRECTOR 1.00 X 0 0 0 ANITA LANDECKER PRESIDENT & CEO 40.00 X 195746 0 18646 SAMIRA ESTILAI EXECUTIVE VP & COO 40.00 X 185237 0 12714 LARRY TAMAYO EXECUTIVE VP & SD OPERATING OFFICER 40.00 X 173580 0 11546 TAIT ANDERSON EXECUTIVE VP 40.00 X 158919 0 11514 FADY HABIB VP OF INFORMATION TECHNOLOGY 40.00 X 151220 0 17282 IRINA LEVKOVA CASTILLO SVP SCHOOL FINANCE 40.00 X 143306 0 23165 1008008 0 94867 20 0 1 0 WESTGATE LAGRANGE PARTNERS LTD 82 ARMSTRONG DRIVE MUSTANG OK 73064 RENTS & PARKING 543385 COHNREZNICK LLP 400 CAPITOL MALL SUITE 900 SACRAMENTO CA 95814 ACCOUNTING & COMPUTER CONSULTING 268302 MICHAEL F KEELEY PO BOX 23 VENICE CA 90294 FACILITIES & LEGAL CONSULTING 244000 NOVOGRADAC & COMPANY LLP 1160 BATTERY ST E BLDG 4TH FL SAN FRANCISCO CA 94111 ACCOUNTING 168227 ALTIERI AGENCY 5331 VIA DEL VALLE TORRANCE CA 90505 ACCOUNTING & BOOKKEEPING 120794 5 237000 237000 CHARTER SCHOOL MGMT 611710 9826146 9826146 CDE SUCCESS FEE 523930 465655 465655 DISTRIBUTION INCOME 523930 310388 310388 LOAN SERVICING FEES 523920 176400 176400 CDE MANAGEMENT FEE 523920 117613 117613 118446 118446 11014648 65771 65771 11317419 11014648 0 65771 1629702 1629702 8339980 7505982 792298 41700 558906 503015 53096 2795 9336 2266 7070 231568 93680 137888 688576 687526 1050 1410 1072 338 365820 347529 18291 902356 848642 53270 444 664777 631538 33239 38052 36149 1903 55211 33305 21906 174113 169308 4805 64155 60947 3208 STAFF RECRUITMENT 96322 91631 4691 BAD DEBT EXPENSE 2000 2000 13822284 12644292 1133053 44939 9187633 6925948 250000 0 710945 1276748 2276519 2555445 280627 274618 629721 470831 236839 158890 5461 3923 669008 1325580 56864 63214 13673896 12584366 883314 696798 59954 39242 101281 40391 5500000 6991800 0 150000 6544549 7918231 X 6220635 4511968 908712 154167 7129347 4666135 13673896 12584366 X -2504865 41653 X 0 1 X 1 0 X 1429500 207000 232000 579500 237000 2685000 12739507 8504291 10451711 12559532 11014648 55269689 14169007 8711291 10683711 13139032 11251648 57954689 1423000 200000 225000 575000 200000 2623000 5791463 2707354 3234638 4155747 4097296 19986498 7214463 2907354 3459638 4730747 4297296 22609498 35345191 64817 72428 57443 118546 65771 379005 64817 72428 57443 118546 65771 379005 14233824 8783719 10741154 13257578 11317419 58333694 0.60590 0.59830 0.00650 0.00630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 520842 371099 149743 108879 99732 9147 158890 REFUNDABLE ADVANCES 150000 150000 11317209 0 11317209 210 210 11317419 13780421 -9847 -9847 13790268 32016 32016 13822284 PART IV, LINE 2B: THE ORGANIZATION ACCEPTS FUNDS FROM GREAT PUBLIC SCHOOLS NOW, AN UNRELATED NONPROFIT ORGANIZATION, TO SUPPORT THE LOS ANGELES ADVOCACY COUNCIL AND INGENIOUS COLLEGE READY ACADEMY. GREAT PUBLIC SCHOOLS NOW DESIRES TO HAVE THE ORGANIZATION PROVIDE EFFICIENT DEPLOYMENT MANAGEMENT, PROGRAMMATIC EXPERTISE, AND TECHNICAL ASSISTANCE. THE ASSETS ARE HELD IN FUNDS THAT ARE MANAGED BY THE ORGANIZATION ON AN AGENCY RELATIONSHIP BASIS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FLOW THROUGH INCOME/LOSS FROM SUBSIDIARIES 210. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMORTIZATION EXPENSE 2,342. DEPRECIATION EXPENSE 279. BAD DEBT EXPENSE 17,627. PROVISION FOR LOAN LOSSES -30,095. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE 20,712. BUSINESS FEES 11,304. 1 THE SEED FOUNDATION INC 1730 RHODE ISLAND AVE NW SUITE 1102 1102 WASHINGTON DC 20036 541850819 501(C)(3) 1629702 N/A N/A EXED PROVIDED GRANTS TO SUPPORT THE SEED FOUNDATION ON A PROJECT INVOLVING A PUBLIC BOARDING SCHOOL, THE SEED SCHOOL OF LOS ANGELES COUNTY. THE GRANTS ARE USED TO SUPPORT THE PLANNING, DEVELOPMENT AND RELATED COSTS OF THE PROJECT CONSISTENT WITH THE SEED FOUNDATION'S MISSION AND TAX-EXEMPT PURPOSES, INCLUDING BUT NOT LIMITED TO CURRICULUM AND PROGRAM DESIGN, FUNDRAISING, COMMUNITY AND FAMILY ENGAGEMENT AND PERSONNEL RECRUITMENT. 1 X 0 0 0 0 0 0 0 0 0 ANITA LANDECKER PRESIDENT & CEO 195746 0 0 0 0 0 5786 0 12860 0 214392 0 0 0 SAMIRA ESTILAI EXECUTIVE VP & COO 185237 0 0 0 0 0 5125 0 7589 0 197951 0 0 0 LARRY TAMAYO EXECUTIVE VP & SD OPERATING OFFICER 173580 0 0 0 0 0 5202 0 6344 0 185126 0 0 0 TAIT ANDERSON EXECUTIVE VP 158919 0 0 0 0 0 4762 0 6752 0 170433 0 0 0 FADY HABIB VP OF INFORMATION TECHNOLOGY 151220 0 0 0 0 0 2894 0 14388 0 168502 0 0 0 IRINA LEVKOVA CASTILLO SVP SCHOOL FINANCE 143306 0 0 0 0 0 4294 0 18871 0 166471 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED ANNUALLY AND REVIEWED BY THE PRESIDENT & CEO. ONCE ANY NECESSARY CHANGES ARE MADE AND THE PRESIDENT & CEO IS IN AGREEMENT WITH THE FINAL FORM 990, IT IS SUBMITTED TO THE AUDIT COMMITTEE AND THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE WHICH ASKS THEM TO DISCLOSE ANY INFORMATION ABOUT TRANSACTIONS WITH EXCELLENT EDUCATION DEVELOPMENT AND ANY RELATED PARTIES WHICH MAY BE A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A CHANGES IN COMPENSATION FOR THE PRESIDENT & CEO INCLUDE A PERFORMANCE REVIEW; REVIEW OF COMPARABILITY DATA; AND REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. CHANGES IN COMPENSATION FOR THE EXECUTIVE VICE PRESIDENTS INCLUDE A PERFORMANCE REVIEW AND REVIEW OF COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF EXCELLENT EDUCATION DEVELOPMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF EXCELLENT EDUCATION DEVELOPMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMORTIZATION EXPENSE -2,342. DEPRECIATION EXPENSE -279. PROVISION FOR LOAN LOSSES 30,095. BAD DEBT EXPENSE -17,627. RENT EXPENSE 20,712. FLOW-THROUGH INCOME/LOSS FROM SUBSIDIARIES -210. BUSINESS FEES 11,304. LA CHARTER SCHOOL NEW MARKETS CDE LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 710895022 SEE PART VII CA 501(C)(3) LINE 12A 0 EXED FACILITIES X LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 452428895 INVEST/LEND CA N/A RELATED 309960 0 1 0.00010 EXED FACILITIES XI LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 452429091 INVEST/LEND CA N/A RELATED 32 769 0 1 0.00010 EXED FACILITIES XII LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 452429674 INVEST/LEND CA N/A RELATED 12 352 0 1 0.00010 EXED FACILITIES XIII LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 452429765 INVEST/LEND CA N/A RELATED 24 858 0 1 0.00010 EXED FACILITIES XIV LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 464804692 INVEST/LEND CA N/A RELATED 30 1276 0 1 0.00010 EXED FACILITIES XV LLC 1990 SOUTH BUNDY DRIVE SUITE 340 LOS ANGELES CA 90025 464806403 INVEST/LEND CA N/A RELATED 21 647 0 1 0.00010 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 EXED FACILITIES X LLC A 309960 EXED FACILITIES XI LLC A 32 EXED FACILITIES XII LLC A 12 EXED FACILITIES XIII LLC A 24 EXED FACILITIES XIV LLC A 30 EXED FACILITIES XV LLC A 21 LA CHARTER SCHOOL NEW MARKETS CDE LLC A 212 EXED FACILITIES X LLC L 480822 EXED FACILITIES XVIII LLC L 182400 SCHEDULE R, PART II, PRIMARY ACTIVITY: TO SERVE OR PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS CONSISTENT WITH INTERNAL REVENUE CODE SECTION 45D AND THE RELATED TREASURY REGULATIONS, AND CONSISTENT WITH THE NON-PROFIT PURPOSES OF EXCELLENT EDUCATION DEVELOPMENT.