BELL CANYON CHARTER SCHOOL INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: BELL CANYON CHARTER SCHOOL INC (EIN 30-0047640)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-10
IRS object ID: 201410419349301081
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-10T16:55:17-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	8035 SPYGLASS HILL RD	AddressLine1
City	MELBOURNE	City
State	FL	State
ZIP Code	32940	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	300047640	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	BELL CANYON CHARTER SCHOOL INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	BELL	NameControl
Phone	6025477920	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	18052 NORTH BLACK CANYON HIGHWAY	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85053	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DR LEONORA KETYER	Name
Title	CHAIR	Title
Phone	6025477920	Phone
Date Signed	2014-02-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ROSS WHITLEY	Name
Phone	3217572020	Phone
Date Prepared	2014-01-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	IMAGINE BELL CANYON	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DR LEONORA KETYER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	18052 NORTH BLACK CANYON HIGHWAY	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85053	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3336070	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.IMAGINEBELLCANYON.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	TO OPERATE A CHARTER SCHOOL AND CONDUCT EDUCATIONAL RESEARCH, EVALUATION, AND DEVELOPMENT ACTIVITIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	3067033	ContributionsGrantsPriorYear
Contributions Grants Current Year	3021784	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	290958	ProgramServiceRevenuePriorYear
Program Service Revenue CY	267486	ProgramServiceRevenueCY
Investment Income Prior Year	25	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	52981	OtherRevenuePriorYear
Other Revenue Current Year	46800	OtherRevenueCurrentYear
Total Revenue Prior Year	3410997	TotalRevenuePriorYear
Total Revenue Current Year	3336070	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3518023	OtherExpensePriorYear
Other Expenses Current Year	3656796	OtherExpensesCurrentYear
Total Expenses Prior Year	3518023	TotalExpensesPriorYear
Total Expenses Current Year	3656796	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-107026	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-320726	RevenuesLessExpensesCY
Total Assets BOY	6763550	TotalAssetsBOY
Total Assets EOY	6580628	TotalAssetsEOY
Total Liabilities BOY	9356246	TotalLiabilitiesBOY
Total Liabilities EOY	9494050	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-2592696	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-2913422	NetAssetsOrFundBalancesEOY
Mission Description	TO OPERATE A CHARTER SCHOOL AND CONDUCT EDUCATIONAL RESEARCH, EVALUATION, AND DEVELOPMENT ACTIVITIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3140671	Expense
Revenue	267486	Revenue
Description	OPERATION OF A CHARTER SCHOOL WITH APPROXIMATELY 428 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADES.	Description
Total Program Service Expense	3140671	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	1	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ILSE ROPER	NamePerson
Telephone Number	6025477926	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	18052 NORTH BLACK CANYON HIGHWAY	AddressLine1
City	PHOENIX	City
State	AZ	State
ZIP Code	85053	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
MICHAEL TUCKER
DIRECTOR	1.00	X	0	0	0
GRIZELDA VALENZUELA
DIRECTOR	1.00	X	0	0	0
DR LEONORA KETYER
CHAIR	1.00	X	0	0	0	X
PAMELA WEBB
SECRETARY	1.00	X	0	0	0	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	3021784	GovernmentGrants
Total Contributions	3021784	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
BEFORE & AFTER CARE	105366	105366
PRE K INCOME	101686	101686
FOOD SERVICE INCOME	38383	38383
FIELD TRIP/ENRICHMENT	11982	11982
STUDENT ACTIVITY	9373	9373

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	696	TotalRevenueColumn
Related Or Exempt Function Income	696	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	267486	TotalProgramServiceRevenue

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	46800	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	46800	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	46800	TotalRevenueColumn
Exclusion	$46,800	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3336070	TotalRevenueColumn
Related Or Exempt Function Income	267486	RelatedOrExemptFunctionIncome
Exclusion	$46,800	ExclusionAmount

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	387644	Total
Management And General	387644	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3568	Total
Management And General	3568	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	12400	Total
Management And General	12400	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	11903	Total
Program Services	4810	ProgramServices
Management And General	7093	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	9206	Total
Management And General	9206	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	140574	Total
Program Services	80020	ProgramServices
Management And General	60554	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	25288	Total
Program Services	23744	ProgramServices
Management And General	1544	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	100761	Total
Program Services	100761	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	242172	Total
Program Services	242172	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	120894	Total
Program Services	120894	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	27140	Total
Management And General	27140	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
LEASED EMPLOYEES	2183527	2183527
FOOD SERVICE	175375	175375
TEXTBOOKS	82669	82669
REPAIRS	81188	81188

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	52487	Total
Program Services	45511	ProgramServices
Management And General	6976	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3656796	Total
Program Services	3140671	ProgramServices
Management And General	516125	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	577381	BOY
EOY	463663	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1265596	BOY
EOY	1348984	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	200	BOY
EOY	1264	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	8510	BOY
EOY	17952	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	79645	BOY
EOY	25372	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	5292275	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1081832	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4308521	BOY
EOY	4210443	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	523697	BOY
EOY	512950	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	6763550	BOY
EOY	6580628	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	225894	BOY
EOY	258384	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	35	BOY
EOY	180	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	4167872	BOY
EOY	3995475	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
EOY	626767	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4962445	BOY
EOY	4613244	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	9356246	BOY
EOY	9494050	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-2651580	BOY
EOY	-2981785	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	58884	BOY
EOY	68363	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-2592696	BOY
EOY	-2913422	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6763550	BOY
EOY	6580628	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-320726	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1243828	OtherCostOrOtherBasis
Book Value	1243828	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3758771	OtherCostOrOtherBasis
Depreciation	959592	Depreciation
Book Value	2799179	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	165198	OtherCostOrOtherBasis
Depreciation	15336	Depreciation
Book Value	149862	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	124478	OtherCostOrOtherBasis
Depreciation	106904	Depreciation
Book Value	17574	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4210443	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
BOND ISSUANCE COSTS	473368
DUE FROM OTHER AGENCIES	39582

Field	Value	IRS element (for citing)
Total Book Value Other Assets	512950	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
DUE TO OPERATING COMPANY	$4,613,244
NOTE PAYABLE - LONG-TERM
NOTE PAYABLE - SHORT-TERM
ACCRUED INTEREST PAYABLE

Field	Value	IRS element (for citing)
Total Of Amounts	4613244	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	3336070	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	3336070	RevenueSubtotal
Total Revenue Per Form990	3336070	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	3656796	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	3656796	ExpensesSubtotal
Total Expenses Per Form990	3656796	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	LIABILITY UNDER FIN 48 FOOTNOTE	Identifier
Return Reference	SCHEDULE D, PAGE 3, PART X	ReturnReference
Explanation	THE SCHOOL QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME (UBTI) WOULD BE TAXABLE. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX RETURNS FOR THE YEARS ENDING JUNE 30, 2010 AND AFTER ARE SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS.	Explanation

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION	SCHEDULE E LINE 3	THE SCHOOLS NONDISCRIMINATORY POLICY IS DESCRIBED IN THE PARENT HANDBOOK WHICH IS HANDED OUT TO ANYONE INQUIRING ABOUT ATTENDING THE SCHOOL
FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	SCHEDULE E LINE 6	THE CHARTER SCHOOL RECEIVES ARIZONA STATE FUNDS TO OPERATE A PUBLIC CHARTER SCHOOL

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	IDA COUNTY OF PIMA EDUCATION REV BD	BusinessNameLine1

Field	Value	IRS element (for citing)
CUSIP Number	72177MBX4	CUSIPNumber
Date Issued	2003-05-15	DateIssued
Issue Price	5435000	IssuePrice
Description Of Purpose	FUNDED LAND AND BUILDING	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer
Pool Financing	false	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	5435000	TotalProceeds
Amount In Reserve Fund	1348984	AmountInReserveFund
Issuance Costs From Proceeds	792924	IssuanceCostsFromProceeds
Capital Expenditures	5002599	CapitalExpenditures
Current Refunding	false	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Iss Meet Prvt Security Pay Test	false	BondIssMeetPrvtSecurityPayTest
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedProp
Remedial Action Taken	false	RemedialActionTaken
Non Qualified Bond Remed Procdrs	true	NonQualifiedBondRemedProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiled
Rebate Not Due Yet	false	RebateNotDueYet
Exception To Rebate	false	ExceptionToRebate
No Rebate Due	false	NoRebateDue
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Written Proc To Monitor Reqs	false	WrittenProcToMonitorReqs

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Proc To Undertk Corrective Action	false	ProcToUndertkCorrectiveAction

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	IMAGINE SCHOOLS, INC. PROVIDES COMPREHENSIVE MANAGEMENT SERVICES TO THE SCHOOL INCLUDING STAFF.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE 990 IS E-MAILED TO THE GOVERNING BOARD BEFORE FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ANY CONFLICTS ARE DISCUSSED AND DISCLOSED AT BOARD MEETINGS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.