2018-04-26T14:09:00-05:00 2017-06-30 952648289 VAVRINEKTRINEDAY & CO LLP 10681 FOOTHILL BLVD SUITE 300 RANCHO CUCAMONGA CA 91730 990 2016-07-01 262439216 EQUITAS ACADEMY CHARTER SCHOOL INC EQUI 2132010440 1700 W PICO BLVD LOS ANGELES CA 90015 MALKA BORREGO FOUNDER AND CEO 2132010440 2018-02-05 1 MATTHEW S MILLER P01385220 9094664410 65.60.100.226 2018-02-05 11:54:01 PS P 11DC6297F7A6BBE37955DC8ADC41BBDF85C770AA 11DC6297F7A6BBE37955DC8ADC41BBDF85C770AA 2016 2021-01-29 14:40:06Z MALKA BORREGO 1700 W PICO BLVD LOS ANGELES CA 90015 14730677 0 X WWW.EQUITASACADEMY.ORG X 2009 CA EQUITAS ACADEMY OPERATES 3 PUBLIC CHARTER SCHOOLS PROVIDING EDUCATION TO GRADES K-8 IN FISCAL YEAR 2016-2017 8 8 187 100 0 0 12956498 14730677 0 0 0 0 0 0 12956498 14730677 0 0 0 0 6432972 7887977 0 0 0 4974377 5348065 11407349 13236042 1549149 1494635 7344588 8261822 2491250 1913849 4853338 6347973 EQUITAS ACADEMY PROVIDES A STRUCTURED, ACHIEVEMENT BASED COMMUNITY THAT PREPARES STUDENTS TO GRADUATE FROM COLLEGE-PREPARATORY HIGH SCHOOLS, FOUR-YEAR COLLEGES, AND UNIVERSITIES. 0 0 8289744 EQUITAS ACADEMY PROVIDES A STRUCTURED, ACHIEVEMENT BASED COMMUNITY THAT PREPARES STUDENTS TO GRADUATE FROM COLLEGE-PREPARATORY HIGH SCHOOLS, FOUR-YEAR COLLEGES, AND UNIVERSITIES. 8289744 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 1 46 0 1 187 1 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 1 0 CA X X EXED 3103941152 11858 LA GRANGE AVE 2ND FLOOR LOS ANGELES CA 90025 LINDSAY PHILLIPS MEMBER 2.00 X 0 0 0 BRETT SNYDER TREASURER 2.00 X X 0 0 0 OLYMPIA AMMON MEMBER 2.00 X 0 0 0 OLIVER BAJRACHARYA CHAIR 2.00 X X 0 0 0 ALYSSA VALENTINE SECRETARY 2.00 X X 0 0 0 JESSE CREED MEMBER 2.00 X 0 0 0 CLAUDIA CHUNG SANII MEMBER 2.00 X 0 0 0 AARTHI SOWRIRAJAN MEMBER 2.00 X 0 0 0 MALKA BORREGO CHIEF EXECUTIVE OFFICER 50.00 X 217998 0 35503 JON HOST CHIEF OPERATING OFFICER 50.00 X 114991 0 11816 332989 0 47319 3 0 1 0 TOTAL EDUCATION SOLUTIONS 625 FAIR OAKS AVE SUITE 300 SOUTH PASADENA CA 91030 SPECIAL EDUCATION 350871 EXED 11858 LA GRANGE AVE 2ND FLOOR LOS ANGELES CA 90025 BACK OFFICE BUSINESS SERVICES 194596 2 13831852 898825 14730677 14730677 0 0 0 338340 212340 126000 5202889 3073130 2129759 35613 35613 1596311 1596311 714824 714824 54110 54110 208583 208583 880615 457914 422701 8552 8552 58917 58917 981040 981040 106138 106138 16588 16588 198874 198874 62834 62834 STUDENT NUTRITION 963551 963551 CAPITAL OUTLAY 404555 404555 REPAIRS AND MAINTENANCE 375354 375354 FIELD TRIP 229585 229585 798769 403047 395722 13236042 8289744 4946298 0 2530062 3429929 1611134 1792019 150299 207049 1778669 481550 1267387 1297119 1785706 1535706 7344588 8261822 586425 792061 4126 1654825 1117662 250000 0 2491250 1913849 X 4853338 6082973 265000 4853338 6347973 7344588 8261822 1494635 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1778669 481550 1297119 1297119 SECURITY DEPOSITS 235706 LONG TERM RECEIVABLES 1300000 1535706 X 14730677 0 14730677 0 14730677 13236042 0 13236042 0 13236042 PART X, LINE 2: THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTANITY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECORDED AS PART OF THE INCOME TAX EXPENSE. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BROCHURES, ONLINE APPLICATIONS AND NEWSPAPER ADS. CALIFORNIA PUBLIC CHARTER SCHOOL SCHEDULE E, PART I, LINE 4 NO FINANCIAL ASSISTANCE AWARDED CALIFORNIA PUBLIC CHARTER SCHOOL SCHEDULE E, PART I, LINE 6 CALIFORNIA STATE APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE X 0 0 0 0 0 0 0 0 0 MALKA BORREGO CHIEF EXECUTIVE OFFICER 217998 0 0 0 0 0 26712 0 8791 0 253501 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN WILL BE GIVEN TO BOARD MEMBERS BEFORE FILING OF THE RETURN FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY COMPLETE DISCLOSURE FORMS WHICH ARE MONITORED BY THE EXECUTIVE DIRECTOR. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL VOTING AND DISCUSSION ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 BOARD COMMITTEE REVIEWED COMPARABLE NON-PROFIT EDUCATIONAL SALARIES BEFORE DETERMINING EXECUTIVE DIRECTOR, DIRECTOR OF CURRICULUM AND INSTRUCTIONAL SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS LOCATION DURING NORMAL BUSINESS HOURS. FINANCIAL STATEMENTS AND POLICIES MAINTAINED IN A SCHOOL INFORMATION BINDER FOR PARENTS. FORM 990 PART XI LINE 2C NO CHANGE FROM PRIOR YEAR