2020-06-04T11:25:07-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2018-07-01 330162184 THE PEGASUS SCHOOL PEGA 7149641224 19692 LEXINGTON LN HUNTINGTON BEACH CA 92646 RENE COGAN CFO 7149641224 2020-06-01 1 BARED DILACAR P00157338 6267933600 2020-06-01 76.174.80.31 2020-06-01 11:30:35 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 95951037A2D13ADF2D8E881229D97E32D3766875 2018 2021-01-29 14:40:06Z JASON LOPEZ 19692 LEXINGTON LN HUNTINGTON BEACH CA 92646 20212130 0 X THEPEGASUSSCHOOL.ORG X 1986 CA THE PEGASUS SCHOOL IS DEDICATED TO ACADEMIC EXCELLENCE AND TO THE DEVELOPMENT OF LIFELONG LEARNERS. 16 15 189 50 0 0 1449512 5863171 13134940 13954487 186302 147397 433028 99218 15203782 20064273 474288 373186 0 0 9995816 10972488 0 242423 799999 2923396 2569506 13393500 14157603 1810282 5906670 29618483 36209562 14580939 15046836 15037544 21162726 THE PEGASUS SCHOOL IS DEDICATED TO ACADEMIC EXCELLENCE AND TO THE DEVELOPMENT OF LIFELONG LEARNERS. 0 0 10584365 373186 14047742 THE PEGASUS SCHOOL PROVIDES INDEPENDENT EDUCATIONAL SERVICES TO APPROXIMATELY 575 CHILDREN FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE AT ITS CAMPUS IN HUNTINGTON BEACH, CALIFORNIA. THE SCHOOL OFFERS REGULAR SCHOOL YEAR AND SUMMER PROGRAMS AND NUMEROUS OPPORTUNITIES FOR STUDENTS TO ACTIVELY PARTICIPATE IN A CHALLENGING EDUCATIONAL ENVIRONMENT. 10584365 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 33 0 189 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X RENE COGAN 7149641224 19692 LEXINGTON LANE HUNTINGTON BEACH CA 92646 BRIAN CULLEN CHAIR 1.00 X X 0 0 0 ERIC LITTLE VICE CHAIR 1.00 X X 0 0 0 MICHAEL WONG TRUSTEE 1.00 X 0 0 0 ZACH FISCHER TRUSTEE 1.00 X 0 0 0 MARK PERLMUTTER TRUSTEE 1.00 X 0 0 0 WENDY BUSH TRUSTEE 1.00 X 0 0 0 ELENA ZARETSKY TRUSTEE 1.00 X 0 0 0 DARIN ANDERSON TRUSTEE 1.00 X 0 0 0 MAAJED ABAHUSAYN TRUSTEE 1.00 X 0 0 0 SUSAN PERKINS TRUSTEE 1.00 X 0 0 0 TERRY BURNHAM RESIGNED 102919 TRUSTEE 1.00 X 0 0 0 GEORGE CHENG TRUSTEE 1.00 X 0 0 0 DAVE RHOADS TRUSTEE 1.00 X 0 0 0 DIEM DANG TRUSTEE 1.00 X 0 0 0 CRISTINA WELFORD TRUSTEE 1.00 X 0 0 0 EDI THIMONS TRUSTEE 1.00 X 0 0 0 ATOSHI SHOREY TRUSTEE 1.00 X 0 0 0 JASON LOPEZ HEAD OF SCHOOL 40.00 X 328786 0 63501 RENE COGAN CFO 40.00 X 221614 0 61201 DANIEL ROSENBERG MIDDLE SCHOOL DIRECTOR 40.00 X 147517 0 18394 JENNIFER GREEN LOWER SCHOOL DIRECTOR 40.00 X 128322 0 61039 NANCY CONKLIN ADMISSIONS DIRECTOR 40.00 X 150585 0 17663 JENNIFER DEGRAVE DEVELOPMENT DIRECTOR 40.00 X 144087 0 18985 DUSTAN BRIDGES TEACHER, CAMP DIRECTOR, CO 40.00 X 110394 0 20748 1231305 0 261531 14 0 1 0 JFK TRANSPORTATION CO INC 980 W 17TH STREET SUITE B SANTA ANA CA 92706 DAILY BUS SERVICE 204335 COMMUNITY COUNSELLING SERVICE CO LLC 100 SPECTRUM CENTER DRIVE SUITE 12 IRVINE CA 92618 FUNDRAISING CONSULTANTS 201579 2 326429 5536742 95495 5863171 TUITION 611710 13115823 13115823 AUXILIARY PROGRAM INCOME 611710 592811 592811 SUMMER SCHOOL 611710 245853 245853 13954487 143847 143847 31857 0 31857 31857 31857 3926 376 3550 3550 3550 112879 326429 147481 -34602 -34602 PTO INCOME 900099 93255 93255 OTHER INCOME 900099 8708 8708 101963 20064273 14047742 0 153360 373186 373186 687030 179143 388458 119429 7803296 6202967 1289433 310896 696972 518581 141232 37159 1200485 957322 201820 41343 584705 455436 114906 14363 29203 29203 41500 41500 242423 242423 17697 17697 23871 5813 17870 188 24652 655 23997 294437 201861 87743 4833 173521 134479 34704 4338 376819 294813 72894 9112 177537 177537 184459 184459 428498 332086 85700 10712 208114 161288 41623 5203 FIELD TRIPS 219260 219260 OTHER 179633 179633 TEACHER CONSUMABLES 105288 105288 SPECIAL ACTIVITIES 52403 52403 32614 32614 14157603 10584365 2773239 799999 1322519 1469539 9505070 11641581 61850 2942221 9737 15730 246807 233405 20772319 6714674 12971271 14057645 5501229 5849441 29618483 36209562 401153 567461 7684377 8354080 6495409 6125295 14580939 15046836 X 9852264 11166897 1832367 6642916 3352913 3352913 15037544 21162726 29618483 36209562 5906670 218512 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5501290 348151 5849441 5124483 376807 5501290 4662445 1090 460948 5124483 4389874 121800 150771 4662445 4215295 22245 175401 23067 4389874 0.24110 0.57320 0.18570 0 0 6014392 6014392 10871618 4710891 6160727 2524511 1910296 614215 1361798 93487 1268311 14057645 X 19891902 218512 -373186 -154674 20046576 17697 17697 20064273 13766720 0 13766720 17697 373186 390883 14157603 PART V, LINE 4: THE PEGASUS VISION FUND WAS ESTABLISHED TO ENSURE THE CONTINUED DEVELOPMENT OF THE SCHOOL. THE FUND FOR INNOVATION IN TEACHING (FIT) WAS ESTABLISHED TO SUPPORT ADVANCES IN CLASSROOM TEACHING THAT WILL BENEFIT TEACHERS AND STUDENTS ALIKE. THE BRIGHT STARS FUND IS A TUITION ASSISTANCE FUND THAT FOCUSES ON ATTRACTING AND RETAINING THE BRIGHTEST STUDENTS WHO MAY NOT OTHERWISE BE ABLE TO ATTEND THE PEGASUS SCHOOL FOR FINANCIAL REASONS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -373,186. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 373,186. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZED ITS RACIALLY NONDISTRIMINATORY POLICY THROUGH NEWSPAPER X X X X X 1 COMMUNITY COUNSELLING SERVICE CO LLC 100 SPECTRUM CENTER DRIVE SUITE 12 IRVINE CA 92618 CONSULTANTS 0 1793033 211243 1581790 1793033 211243 1581790 CA SPRING BENEFIT 439308 326429 112879 6234 49526 22163 69558 439308 326429 112879 6234 49526 22163 69558 147481 -34602 1 FINANCIAL AID 51 373186 N/A N/A PART I, LINE 2: FINANCIAL AID IS AWARDED ON THE BASIS OF FAMILY'S DEMONSTRATED FINANCIAL NEED THROUGH A PROCESS OF UTILIZING A NATIONALLY STANDARDIZED SYSTEM FOR ANALYSIS FROM INDEPENDENT SCHOOL MANAGEMENT (ISM) CALLED FAST. FAST UTILIZES A QUESTIONNAIRE TO GATHER RELEVANT INFORMATION AND SENDS A CONFIDENTIAL REPORT TO THE SCHOOL. THE FINANCIAL AID COMMITEE UTILIZES THIS REPORT, ALONG WITH FEDERAL INCOME TAX RETURNS, TO MAKE A FINAL DETERMINATION OF FINANCIAL AID, WHICH IS AWARDED ON A NON-DISCRIMINATORY BASIS. X 0 0 0 0 0 0 0 1 0 JASON LOPEZ HEAD OF SCHOOL 315786 0 13000 0 0 0 24000 0 39501 0 392287 0 0 0 RENE COGAN CFO 221614 0 0 0 0 0 5500 0 55701 0 282815 0 0 0 DANIEL ROSENBERG MIDDLE SCHOOL DIRECTOR 147517 0 0 0 0 0 10828 0 7566 0 165911 0 0 0 JENNIFER GREEN LOWER SCHOOL DIRECTOR 128322 0 0 0 0 0 5500 0 55539 0 189361 0 0 0 NANCY CONKLIN ADMISSIONS DIRECTOR 150585 0 0 0 0 0 8548 0 9115 0 168248 0 0 0 JENNIFER DEGRAVE DEVELOPMENT DIRECTOR 144087 0 0 0 0 0 7073 0 11912 0 163072 0 0 0 PART I, LINE 7 DURING THE YEAR ENDED JUNE 30, 2019, THE HEAD OF SCHOOL RECEIVED $13,000 BONUS. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2012-10-01 8059500 REFINANCE PREVIOUS BONDS 0 0 0 A 856448 8059500 134465 7476530 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 0 8000 FINANCIAL AID X 12 95493 FMV AT TIME OF RECEIPT 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE BY DONORS FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE BOARD CONSISTS OF SIX MEMBERS REPRESENTING THE COMMITTEE CHAIRS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL, CFO, FINANCE COMMITTEE CHAIR AND BOARD CHAIR BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICER, TRUSTEE/DIRECTOR, OR EMPLOYEE (INCLUDING FACULTY AND STAFF) OR COMMITTEE MEMBER SHALL MAKE A PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE CHAIR, BOARD OF TRUSTEES/DIRECTORS, OR RELEVANT COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BOARD OF TRUSTEES/DIRECTORS OR THE HEAD OF SCHOOL IN THE CASE OF AN EMPLOYEE, TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, CONSIDERING IN ITS OR HIS OR HER DISCRETION THE ADVICE OF LEGAL COUNSEL, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS OR BOARD VOTE WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT. CONFLICT OF INTEREST POLICY IS STATED IN THE PERSONNEL HANDBOOK FOR EMPLOYEES WHO ARE TO SIGN AN ACKNOWLEDGEMENT STATING THEY HAVE READ AND WILL COMPLY WITH THE POLICIES COVERED BY THE EMPLOYEE HANDBOOK. MEMBERS OF THE BOARD OF TRUSTEES HOWEVER ARE TO SIGN AN ANNUAL DOCUMENT IDENTIFYING AND NOTIFYING THE GOVERNING BOARD OF ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL REVIEWS COMPARATIVE COMPENSATION FROM COMPARABLE NATIONAL AND LOCAL ORGANIZATIONS WHEN DETERMINING COMPENSATION. THE BOARD SETS THE HEAD OF SCHOOL CONTRACT THE HEAD OF SCHOOL USES COMPARABLE DATA IN SETTING THE COMPENSATION OF THE OTHER OFFICERS. THE ENTIRE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE HEAD OF SCHOOL AND THE PROCESS IS DOCUMENTED IN THE BOARD MINUTES. SUCH REVIEW AND APPROVAL SHALL OCCUR ANNUALLY, WHENEVER THE HEAD'S TERM OF EMPLOYMENT IS RENEWED OR EXTENDED, AND THE THE HEAD'S COMPENSATION IS MODIFIED. THE PROCESS IS PERFORMED EVERY SPRING. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL'S FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY FORM ARE AVAILABLE FROM THE SCHOOL UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR