2020-07-14T16:04:17-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2018-07-01 954813155 VALUE SCHOOLS VALU 2133888695 680 WILSHIRE PLACE NO 315 LOS ANGLES CA 90005 DAVID DOYLE PRESIDENT/CEO 2133888695 2020-07-09 1 DERRICK DEBRUYNE CPA P00591016 6268577300 2020-07-09 67.137.57.251 2020-07-09 17:55:31 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3A465463246CAB47AC9B8E6BAB7D61E35C80069E 2018 2020-09-23 17:36:50Z DAVID DOYLE 680 WILSHIRE PLACE NO 315 LOS ANGLES CA 90005 24630403 0 X WWW.VALUESCHOOLS.COM X 2000 CA VALUE SCHOOLS OPERATES FOUR CHARTER SCHOOLS IN LOW-INCOME NEIGHBORHOODS IN LOS ANGELES. 6 6 232 150 0 0 21110113 24553412 22909 5769 0 0 53858 71222 21186880 24630403 0 0 0 0 11565654 13760490 0 40000 50015 8486773 9376209 20052427 23176699 1134453 1453704 8787278 10751186 2030701 2540905 6756577 8210281 X VALUE SCHOOLS ESTABLISHES AND MAINTAINS PUBLIC CHARTER SCHOOLS IN NEIGHBORHOODS THAT HAVE BEEN TRADITIONALLY UNDERSERVED BY THE PUBLIC SCHOOL SYSTEM. VALUE SCHOOLS OFFERS A SUPERIOR EDUCATIONAL CHOICE FOR FAMILIES LIVING IN HIGH POVERTY AREAS OF LOS ANGELES, PROVIDING A STRONG ACADEMIC PROGRAM IN A VALUES-BASED LEARNING COMMUNITY. 0 0 20391519 76991 VALUE SCHOOLS OPERATES CENTRAL CITY VALUE HIGH SCHOOL, A PUBLIC CHARTER SCHOOL EDUCATING STUDENTS IN GRADES 9-12. AS ONE OF THE TOP PERFORMING HIGH SCHOOLS IN THE AREA, CENTRAL CITY VALUE'S STATE TEST SCORES ON MATH AND ENGLISH LANGUAGE ARTS EXCEED STATE AND DISTRICT AVERAGES. GRADUATION RATE IS NEARLY 100%, WITH OVER 70% OF THOSE GRADUATES ACCEPTED TO FOUR-YEAR COLLEGES OR UNIVERSITIES. THE SCHOOL ALSO PROVIDES RICH EXTRACURRICULAR OPPORTUNITIES INCLUDING A ROBUST TEAM SPORTS PROGRAM AND A WIDE RANGE OF CLUBS. APPROXIMATELY 93% OF CENTRAL CITY'S 483 STUDENTS QUALIFY FOR FREE OR REDUCED PRICED MEALS, A STRONG INDICATOR OF LOW INCOME STATUS.VALUE SCHOOLS OPERATES DOWNTOWN VALUE SCHOOL, A PUBLIC K-8 CHARTER SCHOOL SERVING MOSTLY LOW INCOME, HISPANIC/LATINO FAMILIES IN THE PICO-UNION AREA OF LOS ANGELES. DOWNTOWN VALUE HAS SHOWN MORE THAN 15 YEARS OF ACHIEVEMENT GROWTH, AND NOW OUTPERFORMS NEARLY ALL COMPARABLE DISTRICT SCHOOLS IN MATH AND ENGLISH LANGUAGE ARTS WITH DEDICATED FACULTY AND STRONG PARENT AND DONOR INVOLVEMENT. DOWNTOWN VALUE ALSO PROVIDES A WIDE ARRAY OF OPPORTUNITIES FOR TEAM ATHLETICS, PERFORMING ARTS, AND SERVICE TO THE COMMUNITY WITH AN ENROLLMENT CAPACITY OF 456. DOWNTOWN VALUE REGULARLY MAINTAINS A WAITING LIST.VALUE SCHOOLS OPERATES EVEREST VALUE SCHOOL, A PUBLIC K-8 CHARTER SCHOOL. PENDING ACQUISITION OF A PERMANENT SITE, EVEREST VALUE OPERATES IN A CHURCH-BASED FACILITY IN THE KOREATOWN NEIGHBORHOOD OF LOS ANGELES. ALTHOUGH EVEREST VALUE WILL EVENTUALLY SERVE APPROXIMATELY 450 STUDENTS, THE CONSTRAINTS OF ITS TEMPORARY SPACE LIMITS ENROLLMENT TO APPROXIMATELY 250, WITH A WAITING LIST. THE MAJORITY OF THE SCHOOL'S GRADUATING EIGHTH GRADERS CHOOSE TO ENROLL IN A VALUE SCHOOLS HIGH SCHOOL. IN ADDITION TO ITS STRONG CORE CURRICULUM, EVEREST VALUE OFFERS A MUSIC PROGRAM, A 'CHALLENGE CLASS" FOR HIGH ACADEMIC ACHIEVERS, A ROBUST AFTERSCHOOL PROGRAM FOCUSING ON ACADEMICS, LEADERSHIP, SOCIAL SKILLS, AND ATHLETICS. EVEREST STUDENTS OUTPERFORM LOCAL DISTRICT PUBLIC SCHOOLS IN MATH AND ENGLISH LANGUAGE ARTS.VALUE SCHOOLS OPERATES UNIVERSITY PREPARATORY VALUE HIGH SCHOOL, A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 480 STUDENTS IN GRADES 9-12. MORE THAN 90% OF THEM FROM LOW INCOME FAMILIES. THE SCHOOL STRIVES TO PREPARE HIGH SCHOOL STUDENTS TO GAIN ADMISSIONS TO HIGH QUALITY UNIVERSITIES AND TO PERSIST AND THRIVE IN HIGHER EDUCATION. THE SCHOOL OFFERS A STRONG TEAM SPORTS PROGRAM ALONG WITH A WIND RANGE OF CLUBS. 20391519 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 55 0 1 232 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 0 1 1 1 0 CA X X RHONDA HOFFARTH 2133888695 680 WILSHIRE PLACE SUITE 315 LOS ANGELES CA 90005 DAVID DOYLE PRESIDENT/CEO 40.00 2.00 X 156593 0 18424 RHONDA HOFFARTH CFO 40.00 2.00 X 119148 0 8469 GRANT CAMBRIDGE CHAIR 2.00 2.00 X X 0 0 0 JEFFREY GARCIA DIRECTOR 2.00 X 0 0 0 JOSE RAMOS DIRECTOR 2.00 X 0 0 0 ERIKA MARTINEZ-SCOTT DIRECTOR 2.00 X 0 0 0 KATE FARRAR DIRECTOR 2.00 X 0 0 0 NAYA BLOOM DIRECTOR 2.00 2.00 X 0 0 0 CHRISTOPHER MEDINGER PRINCIPAL 40.00 X 111395 0 11487 ROBERT POYER PRINCIPAL 40.00 X 112384 0 11585 JOAQUIN ARROYO PRINCIPAL 40.00 X 119824 0 12348 RAISSA ADOLPHE DIRECTOR 40.00 X 117865 0 12055 ALVIN LAMARRE SCIENCE TEACHER 40.00 X 119262 0 12300 856471 0 86668 7 0 1 0 TOTAL EDUCATION SOLUTIONS 300 625 S FAIR OAK AVE SOUTH PASADENA CA 91030 EDUCATIONAL PROFESSIONAL SERVICES 230489 ORDONEZ MARVIN-DANIELES COMMERCIAL 103 4546 MURIETTA AVE SHERMAN CA 91423 OFFICE CLEANING SERVICE 138512 PAREDES LIDIA- LP EXPRESS 2534 396 S CALIFORNIA AVE WEST COVINA CA 91793 STUDENT TRANSPORTATION SERVICE 123502 3 24102986 450426 24553412 FOOD SERVICE SALES 900099 5769 5769 5769 OTHER REVENUE 900099 71222 71222 71222 24630403 76991 0 0 X 339841 323299 16542 10066989 9536709 530280 1548382 1507663 40719 1459439 1422846 36593 345839 336428 9411 83675 83675 43505 43505 40000 40000 4471711 4090813 380898 34474 34474 834588 337936 496652 70440 70440 951661 240878 710783 39188 39188 82233 82233 728 728 118613 118613 134180 134180 INSTRUCTIONAL MATERIALS 2224886 2224886 0 0 PRINTING AND POSTAGE EX 21275 19665 1610 0 265052 123333 131704 10015 23176699 20391519 2735165 50015 4767402 6342254 2480795 2187472 242691 897410 371067 354699 1144736 270287 728248 874449 197075 94902 8787278 10751186 410630 816860 250010 150014 1370061 1574031 2030701 2540905 X 6550866 8062895 205711 147386 6756577 8210281 8787278 10751186 1453704 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47185 6371 40814 713011 208563 504448 185761 55353 130408 198779 198779 874449 DEFERRED RENT 1574031 1574031 X 24630403 0 24630403 0 24630403 23176699 0 23176699 0 23176699 PART X, LINE 2: THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 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 NONDISCRIMINATION POLICY IS INCLUDED IN ALL SCHOOL LITERATURE AND IS POSTED IN THE SCHOOLS. THE ENROLLMENT AT EACH OF THE SCHOOLS IS 99% MINORITIES. SCHEDULE E, PART I, LINE 4 SINCE THERE IS NO TUITION AT VALUE SCHOOLS, NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE ARE AWARDED THERE ARE NO DOCUMENTS TO BE KEPT. SCHEDULE E, PART I, LINE 6 VALUE SCHOOLS RECEIVES GRANTS FROM THE STATE OF CALIFORNIA DEPARTMENT OF EDUCATION. X X X X 1 JUDITH MCKENNA 680 WHILSHIRE PLACE LOS ANGELES CA 90005 GRANT WRITER 0 45000 40000 5000 45000 40000 5000 X X X X X 0 0 0 0 0 0 0 0 0 DAVID DOYLE PRESIDENT/CEO 156593 0 0 0 0 0 10624 0 7800 0 175017 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL BOARD OF DIRECTORS' MEETING AGENDAS AND MINUTES, ALONG WITH FINANCIAL STATEMENTS AND COPPORATE DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G SPECIAL EDUCATION ENCROACHMENT: PROGRAM SERVICE EXPENSES 925,204. MANAGEMENT AND GENERAL EXPENSES 86,146. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,011,350. SPECIAL EDUCATION CONTRACT INSTRUCTORS: PROGRAM SERVICE EXPENSES 784,381. MANAGEMENT AND GENERAL EXPENSES 73,034. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 857,415. ALL OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 2,381,228. MANAGEMENT AND GENERAL EXPENSES 221,718. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,602,946. VALUE SCHOOLS FOUNDATION 950 W WASHINGTON BLVD LOS ANGELES CA 90015 455233028 TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS CA 501(C)(3) LINE 7 VALUE SCHOOLS 1 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 0 VALUE SCHOOLS FOUNDATION C 300095 AMOUNT PAID VALUE SCHOOLS FOUNDATION K 2034823 AMOUNT PAID