ST HOPE PUBLIC SCHOOLS: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ST HOPE PUBLIC SCHOOLS (EIN 01-0582508)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-14
- IRS object ID
- 202611349349306851
- Schema version
- 2024v5.5
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-14T12:40:24-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 VIA PIEMONTE SUITE 300 | AddressLine1Txt |
| City | ONTARIO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91764 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010582508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ST HOPE PUBLIC SCHOOLS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STHO | BusinessNameControlTxt |
| Phone | 9166497850 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5038 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95817 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELISHA PARSONS | PersonNm |
| Person Title | INTERIM SUPERINTENDENT | PersonTitleTxt |
| Phone | 9166497850 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MEI-LI HUANG | PreparerPersonNm |
| PTIN | P02383735 | PTIN |
| Phone | 9099857286 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELISHA PARSONS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5038 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95817 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,122,008 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STHOPE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE THE HIGHEST STANDARD OF EDUCATION AND TRAIN YOUNG PEOPLE TO BECOME LEADERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 168 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,096,404 | PYContributionsGrantsAmt |
| CY Contributions Grants | $24,822,663 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $849,121 | PYInvestmentIncomeAmt |
| CY Investment Income | $256,154 | CYInvestmentIncomeAmt |
| PY Other Revenue | $235,078 | PYOtherRevenueAmt |
| CY Other Revenue | $43,191 | CYOtherRevenueAmt |
| PY Total Revenue | $25,180,603 | PYTotalRevenueAmt |
| CY Total Revenue | $25,122,008 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,994,388 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,876,615 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,695,157 | PYOtherExpensesAmt |
| CY Other Expenses | $9,705,523 | CYOtherExpensesAmt |
| PY Total Expenses | $18,689,545 | PYTotalExpensesAmt |
| CY Total Expenses | $20,582,138 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,491,058 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,539,870 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,358,890 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,400,420 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,103,301 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,604,961 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,255,589 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,795,459 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO GRADUATE SELF-MOTIVATED, INDUSTRIOUS, CRITICALLY THINKING LEADERS WHO ARE COMMITTED TO SERVING OTHERS, PASSIONATE ABOUT LIFE-LONG LEARNING AND PREPARED TO EARN A DEGREE FROM A FOUR-YEAR COLLEGE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,926,144 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ST. HOPE PUBLIC SCHOOLS IS A FREE, COLLEGE-PREP PUBLIC CHARTER SCHOOL SYSTEM IN OAK PARK. FOR OVER 20 YEARS, OUR SCHOOLS - PS7 (GRADES TK-8) AND SAC HIGH (GRADS 9-12) - HAVE SUCCESSFULLY BEEN CLOSING THE OPPORTUNITY GAP. ESTABLISHED IN 1989, ST. HOPE BEGAN AS AN AFTER SCHOOL PROGRAM FOUNDED BY FORMER MAYOR KEVIN JOHNSON, WHO GREW UP IN OAK PARK AND RETURNED TO HIS NATIVE SACRAMENTO AFTER RETIRING FROM THE NBA. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,220,397 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SACRAMENTO CHARTER HIGH: IN 2003, SACRAMENTO HIGH SCHOOL WAS FACING STATE INTERVENTION AS STUDENT PERFORMANCE DROPPED YEAR AFTER YEAR. THAT YEAR, ST. HOPE REOPENED THE SCHOOL AS A PUBLIC CHARTER, ALONG WITH PS7, TO PROVIDE A SEAMLESS TK-12TH GRADE EDUCATION FOR STUDENTS WHO HAVE BEEN TRADITIONALLY UNDERSERVED. PS7 AND SAC HIGH EMBODY A CORE COMMITMENT TO STUDENT EXCELLENCE AND COLLEGE READINESS THAT PROVIDES OUR SCHOLARS WITH THE STRONGEST POSSIBLE FOUNDATION FOR FUTURE LEARNING AND CAREER SUCCESS. SHPS SERVES A VERY SPECIFIC GROUP OF SCHOLARS AND IS THE EDUCATIONAL HOME TO A HIGHER PERCENTAGE OF BLACK, HISPANIC/LATINO, FOSTER AND HOMELESS YOUTH THAN THE SURROUNDING SCHOOL DISTRICT, CITY AND STATE. THESE GROUPS ALSO PERFORM HIGHER THAN BOTH THE SCHOOL DISTRICT AND STATE AT PS7 & SAC HIGH. IN 24-25, MORE THAN 50% OF SAC HIGH'S GRADUATING CLASS OF 2025 WERE/ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. SAC HIGH'S PANTHER PIPELINE PROGRAM ENABLES STUDENTS TO TAKE COLLEGE COURSES AND EARN BOTH HIGH SCHOOL AND COLLEGE CREDIT. SAC HIGH IS ONE OF TWO HIGH SCHOOLS IN SCUSD TO OFFER THIS DUAL ENROLLMENT PROGRAM AND THE ONLY ONE TO OFFER IT IN PERSON. SAC HIGH HAS ALSO EXPANDED THE PANTHER PIPELINE THIS YEAR TO INCLUDE SCHOLARS FROM ALL FOUR GRADE LEVELS 9TH-12TH. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $18,146,541 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 158 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 168 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELISHA PARSONS | PersonNm |
| Phone | 9166497850 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5038 | AddressLine1Txt |
| City | SACRAMENTO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95817 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| LISA RUDA | |||||||
| SUPERINTENDENT | 40.00 | Yes (X) | $257,076 | $0 | $51,041 | ||
| ELISHA PARSONS | |||||||
| DIRECTOR OF OPERATIONS | 40.00 | $120,355 | $0 | $27,471 | Yes (X) | ||
| LESLEY EZERO | |||||||
| DIRECTOR OF RECRUITMENT | 40.00 | $110,161 | $0 | $28,900 | Yes (X) | ||
| CASSANDRA JENNINGS | |||||||
| CHAIRPERSON | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CAROLYN VEAL-HUNTER | |||||||
| CHAIRPERSON | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LAMONT HARRIS | |||||||
| VICE CHAIRPERSON | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DR STEPHANIE WALTON | |||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KATHY MCKIM | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ANGELIA DICKENS | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| GLADYS MITCHELL | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| RONALD WEST | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $487,592 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $107,412 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LAW OFFICE OF YOUNG MINNEY AND CORR LLP | |||||
| 655 UNIVERSITY AVENUE SUITE 150 | SACRAMENTO | CA | 95825 | LEGAL SERVICES | $312,608 |
| CHILDCARE CAREERS LLC DBA THE EDU | |||||
| 2000 SIERRA POINT PKWY SUITE 702 | BRISBANE | CA | 94005 | CHILDHOOD EDUCATION STAFFING SERVICES | $308,298 |
| THE STEPPING STONES GROUP LLC | |||||
| PO BOX 6280 | CAROL STREAM | IL | 60197 | THERAPEUTIC AND BEHAVIORAL SERVICES | $126,116 |
| CLIFTONLARSONALLEN LLP | |||||
| PO BOX 31001-2443 | PASADENA | CA | 911102443 | AUDIT AND TAX SERVICES | $101,642 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $24,703,804 | GovernmentGrantsAmt |
| All Other Contributions | $118,859 | AllOtherContributionsAmt |
| Total Contributions | $24,822,663 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $256,154 | TotalRevenueColumnAmt |
| Exclusion | $256,154 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| OTHER REVENUE | 900099 | $34,070 | $34,070 |
| REBATE | 900099 | $9,121 | $9,121 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $43,191 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,122,008 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $299,345 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,720 | TotalAmt |
| Program Services | $298,720 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,431,270 | TotalAmt |
| Program Services | $8,203,297 | ProgramServicesAmt |
| Management And General | $227,973 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,018,294 | TotalAmt |
| Program Services | $1,007,949 | ProgramServicesAmt |
| Management And General | $10,345 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $896,586 | TotalAmt |
| Program Services | $888,334 | ProgramServicesAmt |
| Management And General | $8,252 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,745 | TotalAmt |
| Program Services | $229,682 | ProgramServicesAmt |
| Management And General | $2,063 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,480 | TotalAmt |
| Program Services | $33,696 | ProgramServicesAmt |
| Management And General | $134,784 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,298 | TotalAmt |
| Program Services | $19,860 | ProgramServicesAmt |
| Management And General | $79,438 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,412,070 | TotalAmt |
| Program Services | $3,483,904 | ProgramServicesAmt |
| Management And General | $928,166 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,716 | TotalAmt |
| Management And General | $124,716 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,482 | TotalAmt |
| Program Services | $29,296 | ProgramServicesAmt |
| Management And General | $117,186 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,102 | TotalAmt |
| Program Services | $134,102 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,479,156 | TotalAmt |
| Program Services | $846,101 | ProgramServicesAmt |
| Management And General | $633,055 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,201 | TotalAmt |
| Program Services | $89,201 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,353 | TotalAmt |
| Program Services | $12,353 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,576 | TotalAmt |
| Program Services | $402,576 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,286 | TotalAmt |
| Program Services | $155,145 | ProgramServicesAmt |
| Management And General | $4,141 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| INSTRUCTIONAL MATERIALS | $2,206,864 | $2,201,137 | $5,727 |
| OTHER EXPENSES | $149,329 | $111,188 | $38,141 |
| BAD DEBT EXPENSE | $121,610 | $121,610 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,582,138 | TotalAmt |
| Program Services | $18,146,541 | ProgramServicesAmt |
| Management And General | $2,435,597 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,733,238 | BOYAmt |
| EOY | $3,569,754 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,232,060 | BOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,404,606 | BOYAmt |
| EOY | $2,695,410 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,831 | BOYAmt |
| EOY | $116,998 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $34,330,374 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,427,227 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,680,706 | BOYAmt |
| EOY | $32,903,147 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $212,449 | BOYAmt |
| EOY | $115,111 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,358,890 | BOYAmt |
| EOY | $39,400,420 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,726,045 | BOYAmt |
| EOY | $5,038,649 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,831,206 | BOYAmt |
| EOY | $3,263,520 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,040,055 | BOYAmt |
| EOY | $14,040,055 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $505,995 | BOYAmt |
| EOY | $262,737 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,103,301 | BOYAmt |
| EOY | $22,604,961 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,244,588 | BOYAmt |
| EOY | $16,795,459 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,001 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,255,589 | BOYAmt |
| EOY | $16,795,459 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,358,890 | BOYAmt |
| EOY | $39,400,420 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,539,870 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,377,937 | OtherCostOrOtherBasisAmt |
| Depreciation | $267,559 | DepreciationAmt |
| Book Value | $13,110,378 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $716,644 | OtherCostOrOtherBasisAmt |
| Depreciation | $500,468 | DepreciationAmt |
| Book Value | $216,176 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,255,027 | OtherCostOrOtherBasisAmt |
| Depreciation | $659,200 | DepreciationAmt |
| Book Value | $595,827 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,980,766 | OtherCostOrOtherBasisAmt |
| Book Value | $18,980,766 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $32,903,147 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITIES | $115,111 |
| OTHER LIABILITIES | $147,626 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $262,737 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $25,122,008 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,122,008 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,122,008 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,582,138 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,582,138 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $20,582,138 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL IS A NONPROFIT 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 AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | 0 | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | ST. HOPE ALREADY SERVES A DIVERSE STUDENT POPULATION, AND INCORPORATES THEIR NONDISCRIMINATORY POLICY INTO ALL OF THEIR ENROLLMENT MATERIALS. |
| SCHEDULE E, PART I, LINE 4 | ST. HOPE PUBLIC SCHOOLS IS A FREE AND PUBLICLY FUNDED SCHOOL AND DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL ASSISTANCE TO STUDENTS. ALL STUDENTS ATTEND FREE. |
| SCHEDULE E, PART I, LINE 6 | CHARTER SCHOOL IS PRIMARILY FUNDED BY STATE OF CALIFORNIA AND FEDERAL GRANTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LISA RUDA | PersonNm |
| Title | SUPERINTENDENT | TitleTxt |
| Base Compensation Filing Org | $257,076 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $44,006 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $7,035 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $308,117 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE BOARD, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE, MAY CREATE ONE OR MORE COMMITTEES, EACH CONSISTING OF TWO OR MORE DIRECTORS, TO SERVE AT THE PLEASURE OF THE BOARD. APPOINTMENTS TO COMMITTEES OF THE BOARD SHALL BE BY MAJORITY VOTE OF THE DIRECTORS OR AN OTHERWISE AUTHORIZED NUMBER OF DIRECTORS. THE BOARD MAY APPOINT ONE OR MORE DIRECTORS AS ALTERNATE MEMBERS OF ANY SUCH COMMITTEE, WHO MAY REPLACE ANY ABSENT MEMBER AT ANY MEETING SUCH COMMITTEE SHALL HAVE ALL THE AUTHORITY OF THE BOARD, TO THE EXTENT PROVIDED IN THE BOARD RESOLUTION, EXCEPT THAT NO COMMITTEE MAY: A. FILL VACANCIES ON THE BOARD OR ANY COMMITTEE OF THE BOARD; B. FIX COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE; C. AMEND OR REPEAL BYLAWS OR ADOPT NEW BYLAWS; D. AMEND OR REPEAL ANY RESOLUTION OF THE BOARD THAT BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; E. CREATE ANY OTHER COMMITTEES OF THE BOARD OR APPOINT THE MEMBERS OF COMMITTEES OF THE BOARD; OR; F. EXPEND CORPORATE FUNDS TO SUPPORT A NOMINEE FOR DIRECTOR IF MORE PEOPLE HAVE BEEN NOMINATED FOR DIRECTOR THAN CAN BE ELECTED. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION DELEGATED CERTAIN AUTHORITIES TO AN EXECUTIVE COMMITTEE VIA A RESOLUTION APPROVED ON JUNE 15, 2016. THE SCOPE OF THE COMMITTEE INCLUDES: "POWERS TO NEGOTIATE AND EXECUTE INDEPENDENT CONTRACTOR AGREEMENTS, SETTLEMENT AGREEMENTS, AND OTHER CONTRACTS, AND TO APPOINT, DISCIPLINE, AND RELEASE THE SUPERINTENDENT/CEO, AND OTHER DUTIES AS DESIGNATED BY THE BOARD OF DIRECTORS FROM TIME TO TIME AND "TO EVALUATE THE SUPERINTENDENT, CREATE POLICY, APPROVE OR DISAPPROVE STUDENT EXPULSIONS." |
| FORM 990, PART VI, SECTION A, LINE 7A | SACRAMENTO CITY UNIFIED SCHOOL DISTRICT CAN APPOINT ONE MEMBER OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE SUPERINTENDENT WILL REVIEW THE FORM 990 AND PROVIDE A COPY TO EACH MEMBER OF THE ST. HOPE PUBLIC SCHOOLS BOARD. THE AUDITORS WHO PREPARED THE FORM 990 AND/OR ST. HOPE PUBLIC SCHOOLS FINANCIAL TEAM WILL BE AVAILABLE TO ANSWER QUESTIONS OR PROVIDE ANY ADDITIONAL INFORMATION THAT THE MEMBERS MAY HAVE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, EACH MEMBER OF THE BOARD OF DIRECTORS IS REQUIRED TO SUBMIT A "CONFLICT OF INTEREST DISCLOSURE STATEMENT." IF THE DISCLOSURE STATEMENT REVEALS A POTENTIAL CONFLICT OR THAT ONE HAS A MATERIAL FINANCIAL INTEREST IN A POTENTIAL TRANSACTION, THEN THE BOARD OR A COMMITTEE OF THE BOARD MAY VOTE TO APPROVE THE TRANSACTION, BUT FIRST MUST CONFIRM THAT THE TRANSACTION MEETS THREE CRITERIA: 1) IT IS IN THE BEST INTEREST OF THE ORGANIZATION; 2) WAS FAIR AND REASONABLE FOR THE CHARTER AT THE TIME IT WAS ENTERED INTO; AND 3) AFTER REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES, THE BOARD DETERMINES, IN GOOD FAITH, THAT THE CHARTER SCHOOL COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT. DOCUMENTATION OF THE RESULTS OF THE INVESTIGATION SHALL BE RETAINED EITHER IN BOARD MINUTES AND/OR IN THE CHARTER SCHOOL'S FINANCIAL FILES. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON (EMPLOYEES, BOARD MEMBERS, OFFICERS, ETC), 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 PRINCIPAL. 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 15A | ST. HOPE PUBLIC SCHOOLS' BOARD OF DIRECTORS HAS IN PLACE A THREE-PERSON COMPENSATION COMMITTEE CHARGED WITH ENSURING THE COMPENSATION FOR ITS SUPERINTENDENT IS BOTH JUST AND REASONABLE. THIS COMMITTEE WAS FIRST FORMED IN SEPTEMBER 2008. IN DETERMINING JUST AND REASONABLE COMPENSATION FOR THE ORGANIZATION'S HIGHEST PAID EMPLOYEES, THE COMMITTEE REVIEWS COMPARABLE SALARIES FOR SIMILAR POSITIONS IN SIMILAR GEOGRAPHIC LOCATIONS. ADDITIONALLY, THE COMMITTEE EVALUATES THE TOP MANAGEMENT OFFICIAL'S PROFESSIONAL CREDENTIALS AND OTHER INTANGIBLES. THIS PROCESS WAS LAST COMPLETED 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | GENERAL CONSULTING: PROGRAM SERVICE EXPENSES 833,449. MANAGEMENT AND GENERAL EXPENSES 92,605. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 926,054. IT: PROGRAM SERVICE EXPENSES 1,316,656. MANAGEMENT AND GENERAL EXPENSES 329,164. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,645,820. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,333,799. MANAGEMENT AND GENERAL EXPENSES 506,397. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,840,196. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |