2012-10-29T18:13:50-07:00 2011-12-31 CARBONARO DEMICHELE CPAS 1885 MAIN STREET SUITE 408 WAILUKU HI 96793 990 2011-01-01 300218474 INNOVATIONS PUBLIC CHARTER SCHOOL FOUNDATION INNO 8083276205 75-5815 QUEEN KAAHUMANU HWY KAILUAKONA HI 96740 SUSAN CARROLL 8083276205 2012-09-26 true PETER DEMICHELE 8082425002 2012-10-29 2011 2016-02-24 21:20:13Z SUSAN CARROLL 75-5815 QUEEN KAAHUMANU HWY KAILUAKONA HI 96740 908980 false X ipcs.info X 2003 HI To provide facilities, raise funds for capital campaigns, seek contributions and preserve the the endowment for Innovations Public Charter School. 8 7 0 7 0 6400 548980 360000 360000 0 0 366400 908980 6000 10000 0 50000 0 0 236714 213190 242714 273190 123686 635790 1350538 2936837 510000 1460509 840538 1476328 To provide facilities, raise false false 273190 10000 360000 TO PROVIDE FACILITIES, RAISE FUNDS FOR CAPITAL CAMPAIGNS,SEEK CONTRIBUTIONS AND PRESERVE THE ENDOWMENT FOR INNOVATIONS PUBLIC CHARTER SCHOOL. 273190 true true false false false false false false false false true false false false false true true false false false false false false false false false false true true false false false false false false false false false true false false false false true false false false true 0 0 true 0 false false false false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true false false false HI X X LEE NELSON 8087565492 75-5815 QUEEN KAAHUMANU HWY KAILUAKONA HI 96740 SUSAN CARROLL 1.00 X X 0 0 0 WILLIAM WONG 1.00 X X 0 0 0 JENNIFER HIRO 2.00 X X X 0 73969 0 BARBARA WOERNER 20.00 X 50000 0 0 ED RAPOZA 1.00 X 0 0 0 LEE NELSON 2.00 X 0 54622 0 JASON IKAIKA 2.00 X 0 0 0 REBECCA MORTON 2.00 X 0 0 0 50000 128591 false false false 548980 537960 548980 Program Occupancy Assessments & Fees 900099 360000 360000 908980 360000 10000 10000 50000 50000 0 0 7930 7930 0 0 1173 1173 0 0 6505 6505 0 0 2566 2566 0 0 65000 65000 0 0 33014 33014 0 0 79593 79593 0 0 8705 8705 0 0 Miscellaneous 8704 8704 0 0 273190 273190 0 0 103628 156790 655 2200 2200 3134230 363383 1242055 2770847 2000 7000 1350538 2936837 1310 134 508690 1460375 510000 1460509 X 840538 1476328 840538 1476328 1350538 2936837 635790 X false true true X false X 68427 23694 208026 6400 11020 317567 68427 23694 208026 6400 11020 317567 317567 0 317567 1510800 1.00000 1.00000 X 0 0 0 OTHER ADDL INFO: UNUSUAL GRANT IN 2010 - DONATED LAND NOT INCLUDED IN; SCHEDULE A PART II, LINE 1. $ 537,960.; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 604000 604000 2337853 317109 2020744 16085 11489 4596 176292 34785 141507 2770847 908980 273190 635790 635790 908980 908980 908980 273190 273190 273190 Pt X The Organization is exempt from federal income taxes UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT true INNOVATIONS PCS 75-5815 QUEEN KAAHUMANU HWY KAILUAKONA HI 96740 990347357 6000 Support school programs 1 0 Pt I Line 2 The Foundation business manager reviews all grant applications & award notices to ensure compliance with individual grant funds. Each individual grant is tracked as an independent class within the foundation accounting software. Original receipts are maintained for all expenditures. The Manager and Director both review final grant & financial reports for grant compliance and proper use of funds. X 1 537960 Fair Mkt. Value false true false Pt VI, Line 11a All board members and members of the governing body will review and approve the 990. Pt VI, Line 19 Guidestar website and upon request at the IPCS office. Pt VI, Line 12c Board members are asked to disclose any relationships with contractors hired when construction bidding takes place. Form 990EZ, Part I, Line 16 INTEREST EXPENSE BANK FEES INSURANCE GRANT EXPENDITURES Form 990EZ, Part II, Line 24 EQUIPMENT EXTERIOR LANDSCAPING WORK IN PROGRESS SECURITY DEPOSITS ACCOUNTS RECEIVABLE Form 990EZ, Part II, Line 26 ACCOUNTS PAYABLE & ACCRUED EXPENSES MORTGAGES AND NOTES PAYABLE DEFERRED REVENUE INNOVATIONS PUBLIC CHARTER SCHOOL 75-5815 QUEEN KAAHUMANU HWY KAILUAKONA HI 96740 990347357 CHARTER SCHOOL HI 115 N/A INNOVATIONS PCS true true false false false false false false true false false false false false false false false false INNOVATIONS PUBLIC CHARTER SCHOOL a i 360000 actual INNOVATIONS PUBLIC CHARTER SCHOOL b 10000 actual