Civic Intelligence

Community College Preparatory Academy Public Charter School

990 • Fiscal year 2021 • EIN 46-0682130

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 16, 2023

3301 Wheeler Road SEWashington, DC 20032

(202) 610-5780

Siviq Scores

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

Liabilities / Assets

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$199,923

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

91st percentile

60%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

6.9%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$8,485,837

Up $3,166,669 (+60%) from 2020

Net Assets

Up

$8,290,565

Up $3,092,416 (+59%) from 2020

Liabilities

Up

$195,272

Up $74,253 (+61%) from 2020

Revenue

Up

$9,120,973

Up $592,533 (+6.9%) from 2020

Expenses

Down

$6,028,557

Down $48,436 (-0.8%) from 2020

Net Income

Up

$3,092,416

Up $640,969 (+26%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2014: $273,633Liabilities 2014: $315,349Net Assets 2014: -$41,7162014Assets 2015: $345,465Liabilities 2015: $347,259Net Assets 2015: -$1,7942015Assets 2016: $245,345Liabilities 2016: $84,333Net Assets 2016: $161,0122016Assets 2017: $1,614,373Liabilities 2017: $371,161Net Assets 2017: $1,243,2122017Assets 2018: $2,252,412Liabilities 2018: $344,001Net Assets 2018: $1,908,4112018Assets 2019: $3,772,294Liabilities 2019: $1,025,592Net Assets 2019: $2,746,7022019Assets 2020: $5,319,168Liabilities 2020: $121,019Net Assets 2020: $5,198,1492020Assets 2021: $8,485,837Liabilities 2021: $195,272Net Assets 2021: $8,290,5652021Assets 2022: $11,313,740Liabilities 2022: $209,109Net Assets 2022: $11,104,6312022Assets 2023: $26,406,123Liabilities 2023: $13,583,630Net Assets 2023: $12,822,4932023Assets 2024: $28,822,744Liabilities 2024: $13,979,491Net Assets 2024: $14,843,2532024

Highlighted filing

2021

Assets$8,485,837
Liabilities$195,272
Net Assets$8,290,565

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $1,522,062Expenses 2014: $1,564,033Net Income 2014: -$41,9712014Revenue 2015: $2,935,648Expenses 2015: $2,895,726Net Income 2015: $39,9222015Revenue 2016: $4,250,513Expenses 2016: $4,087,707Net Income 2016: $162,8062016Revenue 2017: $6,712,540Expenses 2017: $5,630,340Net Income 2017: $1,082,2002017Revenue 2018: $7,826,253Expenses 2018: $7,161,054Net Income 2018: $665,1992018Revenue 2019: $8,338,734Expenses 2019: $7,500,443Net Income 2019: $838,2912019Revenue 2020: $8,528,440Expenses 2020: $6,076,993Net Income 2020: $2,451,4472020Revenue 2021: $9,120,973Expenses 2021: $6,028,557Net Income 2021: $3,092,4162021Revenue 2022: $9,739,731Expenses 2022: $6,925,665Net Income 2022: $2,814,0662022Revenue 2023: $9,301,583Expenses 2023: $7,583,721Net Income 2023: $1,717,8622023Revenue 2024: $10,440,553Expenses 2024: $8,419,793Net Income 2024: $2,020,7602024

Highlighted filing

2021

Revenue$9,120,973
Expenses$6,028,557
Net Income$3,092,416
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 16, 2023
Return Version
2020v4.0
Gross Receipts
$9,120,973
Mission and Program Overview

Mission

The mission of the community college preparatory academy public charter school is to provide the education and skills development to empower and prepare under-credited adults for postsecondary educational success, viable employment and lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,439,494$6,273,917▲ $1,834,423
Pledges and Grants Receivable$4,447$864,127▲ $859,680
Land, Buildings, and Equipment, Net$175,333$751,994▲ $576,661
Cash and Non-Interest-Bearing Accounts$500,039$416,233▼ $83,806
Prepaid Expenses and Deferred Charges$56,078$152,289▲ $96,211
Accounts Receivable$116,500--
Total Assets$5,319,168$8,485,837▲ $3,166,669
Other Assets Total$27,277$27,277→ $0
Liabilities
Accounts Payable and Accrued Expenses$118,786$194,450▲ $75,664
Mortgage Notes Payable Secured by Investment Property$2,233--
Deferred Revenue-$822-
Total Liabilities$121,019$195,272▲ $74,253
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,184,447$8,290,565▲ $3,106,118
Net Assets With Donor Restrictions$13,702--
Total Net Assets Fund Balance$5,198,149$8,290,565▲ $3,092,416
Total Liabilities and Net Assets / Fund Balance$5,319,168$8,485,837▲ $3,166,669

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$355,417$670,609$1,026,026
Other Land Buildings$396,577-$396,577
Leasehold Improvements-$36,594$36,594
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cornelia V Spinner - ChiefAdvocacy OffFT$177,486$22,437$199,923
Cornelia V Spinner - ChiefAdvocacy Officer-$177,486$22,437$199,923
Monica Jones - Board Liasion andGovernance aFT$129,319$25,517$154,836
Monica Jones - Board Liasion andGovernance Admin-$129,319$25,517$154,836
Jason LodyCEOFT$110,000$1,500$111,500
Monica RayChairPT$75,000-$75,000
Julian Garcia - Director of FinanceAnd LogisticFT$38,261$9,565$47,826

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
R Emmanuel Bell ConsultingConsulting3230 PENNSYLVANIA AVE SE, SUITE 240, Washington, DC 20020$448,824
Dynamic Network SolutionsInformaion Ech3919 NATIONAL DR STE100, Buronsville, MD 20866$142,814
Capital Services Management INCJanitorial3200 MARTIN LUTHER KING JR AVE SE, Washington, DC 20032$128,160
Revenue and Support

Revenue Composition

Contributions and Grants
$942,582
Program Service Revenue
$8,168,840
Investment Income
$9,551
Other Revenue
$0
All Other Contributions
$14,683
Change in Net Assets
$3,092,416

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,120,973
Total Revenue per Audited Statements
$9,120,973
Total Revenue per Form 990
$9,120,973
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,393,626
Other Expenses$2,634,931
Total Fundraising Expense$66,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,200,903$234,442$14,111$2,449,456
Occupancy$1,209,947$104,478$13,804$1,328,229
Other Employee Benefits$385,163$42,330$3,665$431,158
Payroll Taxes$222,584$24,399$3,490$250,473
Current Officers, Directors, Trustees, and Key Employees$191,667$27,713$25,876$245,256
Information Technology$131,917$11,391-$143,308
Depreciation Depletion$128,996$11,138$1,472$141,606
Office Expenses$121,702$10,508$1,388$133,598
Fees for Services Other$72,882$28,914-$101,796
Fees for Services Accounting-$97,063-$97,063
All Other Expenses$76,323$3,809$2,297$82,429
Other Expenses$69,091$12,192-$81,283
Advertising$16,800$1,451-$18,251
Pension Plan Contributions$15,439$1,697$147$17,283
Insurance-$6,454-$6,454
Fees for Services Legal-$5,351-$5,351
Interest-$182-$182
Total Functional Expenses$5,330,577$631,730$66,250$6,028,557

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,028,557
Total Expenses per Audited Statements$6,028,557
Total Expenses per Form 990$6,028,557
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

The chief executive officer and director of operations review the 990 and then forward the form 990 to the treasurer for review and presentation to the board of directors for approval. Once approved the treasurer notifies the chief executive officer of the board's approval to file the 990 tax return.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually for all board members and key employees. The review requires disclosure of any interest by anyone that may have a conflict of interest. As there are changes in board members or key employees the policy is disclosed and complied with.

Form 990, Page 6, Part VI, Line 15A

The chief executive officer's compensation is reviewed annually by the board of directors at a regular meeting. There is a performance review and a comparison of salary to market for determination of salary.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request for inspection at the school and a copy may be obtained at a cost per copy for reproduction. The financial statements are also made available on the website of the d.c. Public charter school board.

Filing and Contact Details

Filer

Filer Name
Community College Preparatory
EIN
46-0682130
Phone
2026105780
Address
3301 WHEELER ROAD SE, WASHINGTON, DC 20032

Signing Officer

Name
Jason Lody
Title
CEO
Phone
2026105780
Signed
2023-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Lody
Formed
2012
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
7
Employees
59
Volunteers
12

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Richard M Jones CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Federal grant revenues were under reported by an amount of 65,290 during the year ended june 30, 2021. This amended return reflects an increase in revenues of 65,290 and a respective increase in the ending net asset balance by the same amount. The balane of net assets as restated at june 30, 2021 is 8,290,565.

FORM 990 - ORGANIZATION'S MISSION

The mission of the community college preparatory academy public charter school is to provide the education and skills development to empower and prepare under-credited adults for postsecondary educational success, viable employment and lifelong learning.

Form 990, Page 1, Part I, Line 6

Volunteers consist of members of he board of directors

Form 990, Page 2, Part III, Line 4A

The design of the charter school was in response to two major challenges confronting the district of columbia, namely: 1. The increasing number of adults in their prime wage earning years, entering post-secondary education unprepared to successfully complete an associate degree or advanced vocational certifications; and 2. The overwhelming number of dc residents unable to be employed in the city due to the lack of core academic skills and the lack of certificated workforce skills required by the city's knowledge-based economy. Programs and services: the instructional model for cc prep responds to these challenges by providing a comprehensive, proven, blended learning approach. Programming includes: remediation in core academic skills; core skills in computer literacy; on-line learning that leads to a high school diploma via the new ged exam, college entry at freshman level via successful preparation for the acuplacer examination. Additionally, training and national certification is provided in heating and ventilation (hvac). The career focused programming titled career pathways includes preparation for a range of highly portable, national certifications to support entry to the city's knowledge-based economy and job market. Special focus prepares students for employment in the technology and tech-related fields. This focus was selected as it offers the broadest range of options for entry- level employment, including everything from a data entry clerk to certified help desk and cabling technician. Cc prep has a staff of 46 full time and 1 part time and school year 2021 operating budget of over 8.0 million this year. Cc prep was approved by the dc public charter school board in january 2012 and classes began in september 2013. The founder, c. Vannessa (connie) spinner, has more than 30 years of experience in education and workforce development. Cc prep can maintain administrative and fiscal infrastructure as part of the city's ongoing public dollar funding commitment established by the charter school legislation. The school's charter was reviewed and approved in sy2018 and will undergo tenth year review in sy2023. In sy2020, the board redesigned the structure to include a c suite with a chief advocacy officer and a chief executive officer. The charter school's programming is based on the four outcomes for cc prep adult learners: 1. Successful high school completion via the new high school equivalency examination (ged); 2. Successful entry into community college at freshman level as a result of preparation for the accuplacer entry examination and / or dual enrollment; 3. Successful completion of national entry-level employment certifications in the emerging fields for the district of columbia (i.e., technology, administrative support and health careers); and/or 4. Successful attainment of necessary skills in reasoning, mathematics, computers, and on-line research required for life-long learning in the twenty-first century. The school has continued to expand its role as a microsoft office academy school. Cc prep is currently the most productive mos academy school in the city. Based upon review of student data, the organization continued as a year- round school and operated from 9:00 am to 8:30 pm daily, providing instruction in three-hour sessions: 9:00 am to 12:00 noon, 1:00 pm to 4:00 pm, and 5:00 pm to 8:45 pm, monday through thursday evenings. All adult learners are assessed initially and at regular intervals (every 6 to 8 weeks based on initial grade equivalent scores) using the etabe (test of adult basic education). The etabe was selected as it is most closely aligned with my foundations lab, the core curriculum and the new ged. The ged preparation program which was developed to align with the common core standards and has remained the declared goal for 45% of all enrolled students. Based on the assessment analysis, students complete an individual learning plan (ilp) with their assigned student success specialist. All student

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in the charter school's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. The charter school performed an evaluation of uncertain tax positions for the year ended june 30, 2021, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of june 30, 2021, the statute of limitations for tax years 2017 through 2019 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the charter school files tax returns. It is the charter school's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of june 30, 2021, the charter school had no accruals for interest and/or penalties.

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IRS990/Desc0THE DESIGN OF THE CHARTER SCHOOL WAS IN RESPONSE TO TWO MAJOR CHALLENGES CONFRONTING THE DISTRICT OF COLUMBIA, NAMELY: 1. THE INCREASING NUMBER OF ADULTS IN THEIR PRIME WAGE EARNING YEARS, ENTERING POST-SECONDARY EDUCATION UNPREPARED TO SUCCESSFULLY COMPLETE AN ASSOCIATE DEGREE OR ADVANCED VOCATIONAL CERTIFICATIONS; AND 2. THE OVERWHELMING NUMBER OF DC RESIDENTS UNABLE TO BE EMPLOYED IN THE CITY DUE TO THE LACK OF CORE ACADEMIC SKILLS AND THE LACK OF CERTIFICATED WORKFORCE SKILLS REQUIRED BY THE CITY'S KNOWLEDGE-BASED ECONOMY. PROGRAMS AND SERVICES: THE INSTRUCTIONAL MODEL FOR CC PREP RESPONDS TO THESE CHALLENGES BY PROVIDING A COMPREHENSIVE, PROVEN, BLENDED LEARNING APPROACH. PROGRAMMING INCLUDES: REMEDIATION IN CORE ACADEMIC SKILLS; CORE SKILLS IN COMPUTER LITERACY; ON-LINE LEARNING THAT LEADS TO A HIGH SCHOOL DIPLOMA VIA THE NEW GED EXAM, COLLEGE ENTRY AT FRESHMAN LEVEL VIA SUCCESSFUL PREPARATION FOR THE ACUPLACER EXAMINATION. ADDITIONALLY, TRAINING AND NATIONAL CERTIFICATION IS PROVIDED IN HEATING AND VENTILATION (HVAC). THE CAREER FOCUSED PROGRAMMING TITLED CAREER PATHWAYS INCLUDES PREPARATION FOR A RANGE OF HIGHLY PORTABLE, NATIONAL CERTIFICATIONS TO SUPPORT ENTRY TO THE CITY'S KNOWLEDGE-BASED ECONOMY AND JOB MARKET. SPECIAL FOCUS PREPARES STUDENTS FOR EMPLOYMENT IN THE TECHNOLOGY AND TECH-RELATED FIELDS. THIS FOCUS WAS SELECTED AS IT OFFERS THE BROADEST RANGE OF OPTIONS FOR ENTRY- LEVEL EMPLOYMENT, INCLUDING EVERYTHING FROM A DATA ENTRY CLERK TO CERTIFIED HELP DESK AND CABLING TECHNICIAN. CC PREP HAS A STAFF OF 46 FULL TIME AND 1 PART TIME AND SCHOOL YEAR 2021 OPERATING BUDGET OF OVER 8.0 MILLION THIS YEAR. CC PREP WAS APPROVED BY THE DC PUBLIC CHARTER SCHOOL BOARD IN JANUARY 2012 AND CLASSES BEGAN IN SEPTEMBER 2013. THE FOUNDER, C. VANNESSA (CONNIE) SPINNER, HAS MORE THAN 30 YEARS OF EXPERIENCE IN EDUCATION AND WORKFORCE DEVELOPMENT. CC PREP CAN MAINTAIN ADMINISTRATIVE AND FISCAL INFRASTRUCTURE AS PART OF THE CITY'S ONGOING PUBLIC DOLLAR FUNDING COMMITMENT ESTABLISHED BY THE CHARTER SCHOOL LEGISLATION. THE SCHOOL'S CHARTER WAS REVIEWED AND APPROVED IN SY2018 AND WILL UNDERGO TENTH YEAR REVIEW IN SY2023. IN SY2020, THE BOARD REDESIGNED THE STRUCTURE TO INCLUDE A C SUITE WITH A CHIEF ADVOCACY OFFICER AND A CHIEF EXECUTIVE OFFICER. THE CHARTER SCHOOL'S PROGRAMMING IS BASED ON THE FOUR OUTCOMES FOR CC PREP ADULT LEARNERS: 1. SUCCESSFUL HIGH SCHOOL COMPLETION VIA THE NEW HIGH SCHOOL EQUIVALENCY EXAMINATION (GED); 2. SUCCESSFUL ENTRY INTO COMMUNITY COLLEGE AT FRESHMAN LEVEL AS A RESULT OF PREPARATION FOR THE ACCUPLACER ENTRY EXAMINATION AND / OR DUAL ENROLLMENT; 3. SUCCESSFUL COMPLETION OF NATIONAL ENTRY-LEVEL EMPLOYMENT CERTIFICATIONS IN THE EMERGING FIELDS FOR THE DISTRICT OF COLUMBIA (I.E., TECHNOLOGY, ADMINISTRATIVE SUPPORT AND HEALTH CAREERS); AND/OR 4. SUCCESSFUL ATTAINMENT OF NECESSARY SKILLS IN REASONING, MATHEMATICS, COMPUTERS, AND ON-LINE RESEARCH REQUIRED FOR LIFE-LONG LEARNING IN THE TWENTY-FIRST CENTURY. THE SCHOOL HAS CONTINUED TO EXPAND ITS ROLE AS A MICROSOFT OFFICE ACADEMY SCHOOL. CC PREP IS CURRENTLY THE MOST PRODUCTIVE MOS ACADEMY SCHOOL IN THE CITY. BASED UPON REVIEW OF STUDENT DATA, THE ORGANIZATION CONTINUED AS A YEAR- ROUND SCHOOL AND OPERATED FROM 9:00 AM TO 8:30 PM DAILY, PROVIDING INSTRUCTION IN THREE-HOUR SESSIONS: 9:00 AM TO 12:00 NOON, 1:00 PM TO 4:00 PM, AND 5:00 PM TO 8:45 PM, MONDAY THROUGH THURSDAY EVENINGS. ALL ADULT LEARNERS ARE ASSESSED INITIALLY AND AT REGULAR INTERVALS (EVERY 6 TO 8 WEEKS BASED ON INITIAL GRADE EQUIVALENT SCORES) USING THE ETABE (TEST OF ADULT BASIC EDUCATION). THE ETABE WAS SELECTED AS IT IS MOST CLOSELY ALIGNED WITH MY FOUNDATIONS LAB, THE CORE CURRICULUM AND THE NEW GED. THE GED PREPARATION PROGRAM WHICH WAS DEVELOPED TO ALIGN WITH THE COMMON CORE STANDARDS AND HAS REMAINED THE DECLARED GOAL FOR 45% OF ALL ENROLLED STUDENTS. BASED ON THE ASSESSMENT ANALYSIS, STUDENTS COMPLETE AN INDIVIDUAL LEARNING PLAN (ILP) WITH THEIR ASSIGNED STUDENT SUCCESS SPECIALIST. ALL STUDENT
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IRS990/MissionDesc0THE MISSION OF THE COMMUNITY COLLEGE PREPARATORY ACADEMY PUBLIC CHARTER SCHOOL IS TO PROVIDE THE EDUCATION AND SKILLS DEVELOPMENT TO EMPOWER AND PREPARE UNDER-CREDITED ADULTS FOR POSTSECONDARY EDUCATIONAL SUCCESS, VIABLE EMPLOYMENT AND LIFELONG LEARNING.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE CHARTER SCHOOL'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CHARTER SCHOOL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JUNE 30, 2021, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2017 THROUGH 2019 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE CHARTER SCHOOL FILES TAX RETURNS. IT IS THE CHARTER SCHOOL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF JUNE 30, 2021, THE CHARTER SCHOOL HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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