Civic Intelligence

Alternative Schools Foundation

990 • Fiscal year 2021 • EIN 20-3641409

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

Organization ProfileN/A
7353 Valley Circle BlvdWest Hills, CA 91304

(818) 716-0771

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.91x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

7.58x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

92nd percentile

65%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

14th percentile

-2.7%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

238%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$28,363,069

Down $773,553 (-2.7%) from 2020

Net Assets

Down

$2,684,547

Down $1,014,876 (-27%) from 2020

Liabilities

Up

$25,678,522

Up $241,323 (+0.9%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin92nd percentile

Revenue

Up

$3,389,404

Up $2,386,411 (+238%) from 2020

Expenses

Up

$1,174,953

Up $461,383 (+65%) from 2020

Net Income

Up

$2,214,451

Up $1,925,028 (+665%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2011: $34,593Liabilities 2011: $10,778Net Assets 2011: $23,8152011Assets 2012: $41,480Liabilities 2012: $15,429Net Assets 2012: $26,0512012Assets 2013: $43,571Liabilities 2013: $19,558Net Assets 2013: $24,0132013Assets 2014: $38,071Liabilities 2014: $0Net Assets 2014: $38,0712014Assets 2015: $3,540Liabilities 2015: $0Net Assets 2015: $3,5402015Assets 2019: $27,030,877Liabilities 2019: $22,208,308Net Assets 2019: $4,822,5692019Assets 2020: $29,136,622Liabilities 2020: $25,437,199Net Assets 2020: $3,699,4232020Assets 2021: $28,363,069Liabilities 2021: $25,678,522Net Assets 2021: $2,684,5472021Assets 2022: $26,828,538Liabilities 2022: $27,888,105Net Assets 2022: -$1,059,5672022Assets 2023: $26,637,350Liabilities 2023: $27,521,092Net Assets 2023: -$883,7422023Assets 2024: $26,405,049Liabilities 2024: $27,207,890Net Assets 2024: -$802,8412024

Highlighted filing

2021

Assets$28,363,069
Liabilities$25,678,522
Net Assets$2,684,547
Open 2021 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $280,456Expenses 2011: $316,339Net Income 2011: -$35,8832011Expenses 2012: $176,0802012Revenue 2013: $105,644Expenses 2013: $107,682Net Income 2013: -$2,0382013Revenue 2014: $75,997Expenses 2014: $59,746Net Income 2014: $16,2512014Revenue 2015: $7,744Expenses 2015: $8,359Net Income 2015: -$6152015Revenue 2019: $1,492,215Expenses 2019: $121,462Net Income 2019: $1,370,7532019Revenue 2020: $1,002,993Expenses 2020: $713,570Net Income 2020: $289,4232020Revenue 2021: $3,389,404Expenses 2021: $1,174,953Net Income 2021: $2,214,4512021Revenue 2022: $1,562,461Expenses 2022: $6,641,428Net Income 2022: -$5,078,9672022Revenue 2023: $1,447,806Expenses 2023: $1,271,981Net Income 2023: $175,8252023Revenue 2024: $1,502,894Expenses 2024: $1,421,993Net Income 2024: $80,9012024

Highlighted filing

2021

Revenue$3,389,404
Expenses$1,174,953
Net Income$2,214,451
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.2
Gross Receipts
$3,389,404
Mission and Program Overview

Mission

Provide fundraising and support for alternative schools inc. Support in the form of fieldtrips, classroom activities, as well as direct donations for operations of programs and construction of facilities.

Provide fundraising and support for alternative schools inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,608,892$25,584,212▲ $1,975,320
Cash and Non-Interest-Bearing Accounts$5,527,730$2,528,857▼ $2,998,873
Total Assets$29,136,622$28,363,069▼ $773,553
Other Assets Total$0$250,000▲ $250,000
Liabilities
Tax Exempt Bond Liabilities$23,802,502$23,842,419▲ $39,917
Mortgage Notes Payable Secured by Investment Property$165,232$1,836,103▲ $1,670,871
Accounts Payable and Accrued Expenses$825,113$0▼ $825,113
Other Liabilities$644,352$0▼ $644,352
Total Liabilities$25,437,199$25,678,522▲ $241,323
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,699,423$2,684,547▼ $1,014,876
Total Net Assets Fund Balance$3,699,423$2,684,547▼ $1,014,876
Total Liabilities and Net Assets / Fund Balance$29,136,622$28,363,069▼ $773,553

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,000,000-$16,000,000
Buildings$9,584,212$302,702$9,886,914
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Deirdra BraschPresident/CEO
Jessica JimenezSecretary
Dmitry KoganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,573,897
Program Service Revenue
$1,815,181
Investment Income
$326
Other Revenue
$0
Change in Net Assets
$2,214,451
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,174,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$773,480--$773,480
Depreciation Depletion$260,959--$260,959
Other Expenses$87,337--$87,337
Insurance$47,973--$47,973
Fees for Services Management-$5,204-$5,204
Total Functional Expenses$1,169,749$5,204$0$1,174,953
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Enterprise Development Authority2018-06-18$24,880,000Finance the acquisition, construction, renovation of public charter schools

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$25,000,000--$1,197,498

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by deirdra brasch and dmitry kogan with any changes or revisions incorporated into the filing. The revised return is then approved prior to submitting to the irs.”

Form 990, Part VI, Section B, Line 12C

“The officers, directors, and the trustees are required to disclose all potential conflict of interests. Monitoring is performed regularly by the officers to identify potential conflicts of interest. The board reviews any conflicts presented by interested parties. The chairperson appoints a disinterested person or committee to investigate the transaction in question and report findings to the board. Alternatives to the proposed transaction are identified and compared to the proposed transaction. The board votes on the most beneficial option for the organization. If the board has reason to believe an interested person has failed to disclose the potential conflict, the board will investigate further and if necessary, take appropriate disciplinary and corrective action.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Alternative Schools Foundation
EIN
20-3641409
Phone
8187160771
Address
7353 VALLEY CIRCLE BLVD, WEST HILLS, CA 91304

Signing Officer

Name
Deirdra Brasch
Title
President
Phone
8187160771
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deirdra Brasch
Formed
2005
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Mei-li Huang
Phone
6268577300
Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0825113
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE FUNDRAISING AND SUPPORT FOR ALTERNATIVE SCHOOLS INC.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DEIRDRA BRASCH
IRS990/BooksInCareOfDetail/PhoneNum08185810000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05975 SHOUP AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WOODLAND HILLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091367
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt05527730
IRS990/CashNonInterestBearingGrp/EOYAmt02528857
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01573897
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0326
IRS990/CYOtherExpensesAmt01174953
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01815181
IRS990/CYRevenuesLessExpensesAmt02214451
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01174953
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03389404
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0260959
IRS990/DepreciationDepletionGrp/TotalAmt0260959
IRS990/Desc0ALTERNATIVE SCHOOLS FOUNDATION ASSISTS IN THE CONSTRUCTION OF FACILITIES AND PROVIDES BUILDINGS FOR ALTERNATIVE SCHOOLS, INC. DBA IVY ACADEMIA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt01169749
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt05204
IRS990/FeesForServicesManagementGrp/TotalAmt05204
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0DEIRDRA BRASCH
IRS990/Form990PartVIISectionAGrp/PersonNm1JESSICA JIMENEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2DMITRY KOGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt01573897
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03389404
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt047973
IRS990/InsuranceGrp/TotalAmt047973
IRS990/InterestGrp/ProgramServicesAmt0773480
IRS990/InterestGrp/TotalAmt0773480
IRS990/InvestmentIncomeGrp/ExclusionAmt0326
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0326
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0302702
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023608892
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025584212
IRS990/LandBldgEquipCostOrOtherBssAmt025886914
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE FUNDRAISING AND SUPPORT FOR ALTERNATIVE SCHOOLS INC. SUPPORT IN THE FORM OF FIELDTRIPS, CLASSROOM ACTIVITIES, AS WELL AS DIRECT DONATIONS FOR OPERATIONS OF PROGRAMS AND CONSTRUCTION OF FACILITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0165232
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01836103
IRS990/NetAssetsOrFundBalancesBOYAmt03699423
IRS990/NetAssetsOrFundBalancesEOYAmt02684547
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03699423
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02684547
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0250000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FEES AND LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt087337
IRS990/OtherExpensesGrp/TotalAmt087337
IRS990/OtherLiabilitiesGrp/BOYAmt0644352
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DEIRDRA BRASCH
IRS990/PriorPeriodAdjustmentsAmt0-3229327
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LEASE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01815181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01815181
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0400
IRS990/PYInvestmentIncomeAmt021508
IRS990/PYOtherExpensesAmt0121062
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01470707
IRS990/PYRevenuesLessExpensesAmt01370753
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0121462
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01492215
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02214451
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01815181
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0200962395
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ALTERNATIVE SCHOOLS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09584212
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0302702
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09886914
IRS990ScheduleD/LandGrp/BookValueAmt016000000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016000000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025584212
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0REBATE COMPUTATIONS SHOWING NO REBATE DUE PERFORMED ON THE DATE OF THE BOND ISSUANCE, JUNE 18, 2018.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K, PART IV, LINE 2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02018-06-18
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum013068WAA9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt024880000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0FINANCE THE ACQUISITION, CONSTRUCTION, RENOVATION OF PUBLIC CHARTER SCHOOLS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt020331954
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt01455181
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt02015367
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt01197498
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt025000000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt02012252
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY DEIRDRA BRASCH AND DMITRY KOGAN WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN APPROVED PRIOR TO SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS, DIRECTORS, AND THE TRUSTEES ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICT OF INTERESTS. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. THE BOARD REVIEWS ANY CONFLICTS PRESENTED BY INTERESTED PARTIES. THE CHAIRPERSON APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION IN QUESTION AND REPORT FINDINGS TO THE BOARD. ALTERNATIVES TO THE PROPOSED TRANSACTION ARE IDENTIFIED AND COMPARED TO THE PROPOSED TRANSACTION. THE BOARD VOTES ON THE MOST BENEFICIAL OPTION FOR THE ORGANIZATION. IF THE BOARD HAS REASON TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE THE POTENTIAL CONFLICT, THE BOARD WILL INVESTIGATE FURTHER AND IF NECESSARY, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0ALTERNATIVE SCHOOLS FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0ASF 5975 SHOUP LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt028363069
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PROPERTY HOLDING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt03389404
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt07353 VALLEY CIRCLE BLVD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CANOGA PARK
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd091304
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ALTERNATIVE SCHOOLS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0200962395
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OPERATES A SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07353 VALLEY CIRCLE BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEST HILLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd091304
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01815181
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALTERNATIVE SCHOOLS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt023802502
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt023842419
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt029136622
IRS990/TotalAssetsEOYAmt028363069
IRS990/TotalAssetsGrp/BOYAmt029136622
IRS990/TotalAssetsGrp/EOYAmt028363069
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01573897
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05204
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01169749
IRS990/TotalFunctionalExpensesGrp/TotalAmt01174953
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025437199
IRS990/TotalLiabilitiesEOYAmt025678522
IRS990/TotalLiabilitiesGrp/BOYAmt025437199
IRS990/TotalLiabilitiesGrp/EOYAmt025678522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03699423
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02684547
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01169749
IRS990/TotalProgramServiceRevenueAmt01815181
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0326
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01815181
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03389404
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt029136622
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028363069
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07353 VALLEY CIRCLE BLVD
IRS990/USAddress/CityNm0WEST HILLS
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091304
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEIRDRA BRASCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08187160771
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTERNATIVE SCHOOLS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALTE
ReturnHeader/Filer/EIN0203641409
ReturnHeader/Filer/PhoneNum08187160771
ReturnHeader/Filer/USAddress/AddressLine1Txt07353 VALLEY CIRCLE BLVD
ReturnHeader/Filer/USAddress/CityNm0WEST HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091304
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02210 EAST ROUTE 66

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,363,069
Liabilities
$25,678,522
Net assets
$2,684,547
Revenue
$3,389,404
Expenses
$1,174,953
Net income
$2,214,451
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.4$27.2$0.80$1.50$1.42$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$27.5$0.88$1.45$1.27$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$27.9$1.06$1.56$6.64$5.08
2021Detailed filing. Detailed filing data is available for this year.$28.4$25.7$2.68$3.39$1.17$2.21
2020Summary only. Only limited summary data is available for this year.$29.1$25.4$3.70$1.00$0.71$0.29
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$22.2$4.82$1.49$0.12$1.37
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.01$0.01$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.00$0.04$0.08$0.06$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.02$0.02$0.11$0.11$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.02$0.03$0.18
2011Summary only. Only limited summary data is available for this year.$0.03$0.01$0.02$0.28$0.32$0.04