2020-07-09T13:13:14-05:00 2019-06-30 943108253 NOVOGRADAC & COMPANY LLP 211 E OCEAN BLVD SUITE 600 LONG BEACH CA 90802 990 2018-07-01 954766001 EXCELLENT EDUCATION DEVELOPMENT EXCE 3103941152 11858 LA GRANGE AVENUE 2ND FLOOR LOS ANGELES CA 90025 ANITA LANDECKER PRESIDENT & CEO 3103941152 2020-07-09 1 WILLIAM LETSINGER P00478303 5624329482 128.92.54.106 2020-07-09 11:11:32 PD P 9664DEAE002FF28A94066463E72F6CB928372A55 E6F289E87224A39FE7118A0E176AE0582075B4EA 2018 2021-01-29 14:40:06Z ANITA LANDECKER 11858 LA GRANGE AVENUE FL 2 LA CA 90025 13257578 0 X WWW.EXED.ORG X 1999 CA THE AGENCY DEVELOPS, MANAGES AND PROVIDES CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 13 13 105 0 0 0 232000 579500 10451711 12559532 57443 118546 0 0 10741154 13257578 0 0 0 0 7382642 8105368 0 0 40920 3223870 3723075 10606512 11828443 134642 1429135 14082173 13673896 8306473 6544549 5775700 7129347 THE ORGANIZATION DEVELOPS, MANAGES AND PROVIDES BUSINESS CONSULTING SERVICES TO CHARTER PUBLIC SCHOOLS. 0 0 9747612 0 9807388 DURING THE 2018-2019 FISCAL YEAR, THE ORGANIZATION PROVIDED BUSINESS SERVICES TO 113 CHARTER SCHOOLS (WITHIN 68 ORGANIZATIONS) WHICH ARE ATTENDED BY APPROXIMATELY 48,000 STUDENTS. 938076 0 2702656 THE ORGANIZATION RUNS A CHARTER SCHOOL FACILITY FINANCING PROGRAM FOR LOWER INCOME COMMUNITIES. 34459 0 49488 THE ORGANIZATION PROVIDES CONSULTING SERVICES TO ORGANIZATIONS FOR THE PREPARATION OF CHARTER SCHOOL BUSINESS MODELS AND PETITIONS. CONSULTING SERVICES WERE PROVIDED TO APPROXIMATELY 12 ORGANIZATIONS PLANNING TO OPERATE NEW OR CURRENTLY OPERATING CHARTER SCHOOLS. 10720147 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 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 26 0 1 105 1 0 0 0 0 0 0 0 0 0 0 X 13 13 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 11858 LA GRANGE AVENUE 2ND FLOOR LOS ANGELES CA 90025 WILLIAM EB SIART CHAIRMAN 2.00 X X 0 0 0 PAUL CUMMINS 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 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 JENNI LI SHEN 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 EXECUTIVE DIRECTOR & CEO 40.00 X 210112 0 20697 SAMIRA ESTILAI EXECUTIVE VP & COO 40.00 X 178500 0 12450 LARRY TAMAYO EXECUTIVE VP & SD OPERATING OFFICER 40.00 X 164445 0 10908 TAIT ANDERSON EXECUTIVE VP 40.00 X 156616 0 8634 FADY HABIB VP OF INFORMATION TECHNOLOGY 40.00 X 144107 0 12071 IRINA LEVKOVA CASTILLO SENIOR VP, SCHOOL FINANCE 40.00 X 140333 0 21266 994113 0 86026 19 0 1 0 COHNREZNICK LLP 400 CAPITOL MALL SUITE 900 SACRAMENTO CA 95814 ACCOUNTING & COMPUTER CONSULTING 854921 WESTGATE LAGRANGE PARTNERS LTD 82 ARMSTRONG DRIVE MUSTANG OK 73064 RENTS & PARKING 614976 MICHAEL F KEELEY PO BOX 23 VENICE CA 90294 FACILITIES & LEGAL CONSULTING 225300 NOVOGRADAC & COMPANY LLP 1160 BATTERY ST E BLDG 4TH FL SAN FRANCISCO CA 94111 ACCOUNTING 150700 ALTIERI AGENCY 5331 VIA DEL VALLE TORRANCE CA 90505 ACCOUNTING & BOOKKEEPING 130838 5 579500 579500 CHARTER SCHOOL MGMT 611710 9807388 9807388 CDE SUCCESS FEE 523930 1398185 1398185 DISTRIBUTION INCOME FROM NMTC PAR 523930 777585 777585 CONSULTING INCOME 523930 221275 221275 CDE MANAGEMENT FEE 523920 139803 139803 215296 215296 12559532 118546 118546 13257578 12559532 0 118546 7596161 6836545 721635 37981 509207 458286 48375 2546 8857 4231 4626 237728 107090 130638 948524 936799 11725 11279 8572 2707 318038 298389 19649 749360 704665 44695 623091 591936 31155 92024 87423 4601 79388 51596 27792 235497 230589 4908 61073 58019 3054 SEED LA PROJECT DEVELOP 159377 159377 TELEPHONE 78586 70727 7466 393 UTILITIES 52251 49638 2613 STAFF RECRUITMENT 37592 35855 1737 30410 30410 11828443 10720147 1067376 40920 8584463 9187633 0 250000 482617 710945 4219488 2276519 249502 280627 697588 460749 266114 236839 9973 5461 213152 669008 56864 56864 14082173 13673896 728924 883314 77549 59954 0 101281 7500000 5500000 8306473 6544549 X 5154867 6220635 620833 908712 5775700 7129347 14082173 13673896 X 1429135 -75488 X 0 1 X 1 0 X 706020 1429500 207000 232000 579500 3154020 8242671 12739507 8504291 10451711 12559532 52497712 8948691 14169007 8711291 10683711 13139032 55651732 700000 1423000 200000 225000 575000 3123000 3134810 5791463 2707354 3234638 4155747 19024012 3834810 7214463 2907354 3459638 4730747 22147012 33504720 38877 64817 72428 57443 118546 352111 38877 64817 72428 57443 118546 352111 8987568 14233824 8783719 10741154 13257578 56003843 0.59830 0.59250 0.00630 0.00530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 594654 365704 228950 102934 95045 7889 236839 13257412 0 13257412 166 166 13257578 11903765 92917 92917 11810848 17595 17595 11828443 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 166. PART XII, LINE 2D - OTHER ADJUSTMENTS: AMORTIZATION EXPENSE 394. DEPRECIATION EXPENSE 5,288. UNRELATED BUSINESS INCOME TAX 33,842. PROVISION FOR LOAN LOSSES 43,866. BAD DEBT EXPENSE 9,527. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE 17,595. X 0 0 0 0 0 0 0 0 0 ANITA LANDECKER EXECUTIVE DIRECTOR & CEO 210112 0 0 0 0 0 6304 0 14393 0 230809 0 0 0 SAMIRA ESTILAI EXECUTIVE VP & COO 178500 0 0 0 0 0 5355 0 7095 0 190950 0 0 0 LARRY TAMAYO EXECUTIVE VP & SD OPERATING OFFICER 164445 0 0 0 0 0 4933 0 5975 0 175353 0 0 0 TAIT ANDERSON EXECUTIVE VP 156616 0 0 0 0 0 4698 0 3936 0 165250 0 0 0 FADY HABIB VP OF INFORMATION TECHNOLOGY 144107 0 0 0 0 0 0 0 12071 0 156178 0 0 0 IRINA LEVKOVA CASTILLO SENIOR VP, SCHOOL FINANCE 140333 0 0 0 0 0 4210 0 17056 0 161599 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED ANNUALLY AND REVIEWED BY THE EXECUTIVE DIRECTOR. ONCE ANY NECESSARY CHANGES ARE MADE AND THE EXECUTIVE DIRECTOR 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 EXECUTIVE DIRECTOR 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 -394. DEPRECIATION EXPENSE -5,288. PROVISION FOR LOAN LOSSES -43,866. BAD DEBT EXPENSE -9,527. RENT EXPENSE 17,595. FLOW-THROUGH INCOME/LOSS FROM SUBSIDIARIES -166. UNRELATED BUSINESS INCOME TAX -33,842. 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