Civic Intelligence

Resolute Academy Inc

990 • Fiscal year 2018 • EIN 46-2879784

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 28, 2019

Organization ProfileWWW.RESOLUTEACADEMY.ORG
1265 E 112th StLos Angeles, CA 90059

(323) 559-6284

Siviq Scores

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

Liabilities / Assets

70th percentile

0.28x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

45th percentile

0.07x

Higher debt load relative to revenue than 45% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

9.0%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$128,401

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

87th percentile

30%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

49%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$741,785

Up $171,669 (+30%) from 2017

Net Assets

Up

$531,474

Up $264,526 (+99%) from 2017

Liabilities

Down

$210,311

Down $92,857 (-31%) from 2017

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin64th percentile

Revenue

Up

$2,931,065

Up $970,281 (+49%) from 2017

Expenses

Up

$2,666,539

Up $832,611 (+45%) from 2017

Net Income

Up

$264,526

Up $137,670 (+109%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $438,298Liabilities 2016: $298,206Net Assets 2016: $140,0922016Assets 2017: $570,116Liabilities 2017: $303,168Net Assets 2017: $266,9482017Assets 2018: $741,785Liabilities 2018: $210,311Net Assets 2018: $531,4742018Assets 2019: $921,636Liabilities 2019: $140,104Net Assets 2019: $781,5322019Assets 2020: $1,173,819Liabilities 2020: $90,608Net Assets 2020: $1,083,2112020Assets 2021: $1,726,234Liabilities 2021: $259,589Net Assets 2021: $1,466,6452021Assets 2022: $1,956,376Liabilities 2022: $289,597Net Assets 2022: $1,666,7792022

Highlighted filing

2018

Assets$741,785
Liabilities$210,311
Net Assets$531,474
Open 2018 Filing

Operations Trend

Revenue Growth88th percentile

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

$6.0M$4.0M$2.0M$0Revenue 2016: $1,548,503Expenses 2016: $1,461,118Net Income 2016: $87,3852016Revenue 2017: $1,960,784Expenses 2017: $1,833,928Net Income 2017: $126,8562017Revenue 2018: $2,931,065Expenses 2018: $2,666,539Net Income 2018: $264,5262018Revenue 2019: $3,394,372Expenses 2019: $3,144,314Net Income 2019: $250,0582019Revenue 2020: $3,352,750Expenses 2020: $3,051,071Net Income 2020: $301,6792020Revenue 2021: $3,582,611Expenses 2021: $3,199,177Net Income 2021: $383,4342021Revenue 2022: $4,443,476Expenses 2022: $4,243,342Net Income 2022: $200,1342022

Highlighted filing

2018

Revenue$2,931,065
Expenses$2,666,539
Net Income$264,526
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 28, 2019
Return Version
2017v2.3
Gross Receipts
$2,931,065
Mission and Program Overview

Mission

Resolute academy's mission is to equip students in grades five through eight with the academic foundation and strength of character necessary to excel in selective high schools and colleges.

A california public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$96,462$408,569▲ $312,107
Accounts Receivable$428,465$278,646▼ $149,819
Land, Buildings, and Equipment, Net$36,331$32,412▼ $3,919
Prepaid Expenses and Deferred Charges$8,858$22,158▲ $13,300
Total Assets$570,116$741,785▲ $171,669
Liabilities
Accounts Payable and Accrued Expenses$103,164$110,305▲ $7,141
Unsecured Notes Loans Payable$200,004$100,006▼ $99,998
Total Liabilities$303,168$210,311▼ $92,857
Net Assets / Fund Balance
Unrestricted Net Assets$266,948$531,474▲ $264,526
Total Net Assets Fund Balance$266,948$531,474▲ $264,526
Total Liabilities and Net Assets / Fund Balance$570,116$741,785▲ $171,669

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,412$21,671$54,083
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha Barriga-sipersteinExecutive DirectorFT$107,259$21,142$128,401

Board Members and Trustees

NameTitle
Jason MandellChair
Leigh Arino De La RubiaMember
Matthew EandiMember
Amy Spade SilvermanSecretary
Kurt GrammTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Directed New Mediscan Ii LLCStaffingPO BOX 743425, Los Angeles, CA 90074$124,268
Revenue and Support

Revenue Composition

Contributions and Grants
$2,931,065
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$28,543
Change in Net Assets
$264,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,931,065
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,931,065
Total Revenue per Form 990
$2,931,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,643,636
Other Expenses$1,022,903
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,026,391$132,688-$1,159,079
Payroll Taxes$231,659$4,343-$236,002
Fees for Services Other$109,334$40,645-$149,979
Other Employee Benefits$119,157$19,398-$138,555
Occupancy-$132,777-$132,777
Current Officers, Directors, Trustees, and Key Employees$66,000$44,000-$110,000
All Other Expenses$18,006$82,018-$100,024
Fees for Services Accounting-$91,890-$91,890
Other Expenses$42,336--$42,336
Information Technology-$20,949-$20,949
Office Expenses-$17,702-$17,702
Insurance-$16,956-$16,956
Depreciation Depletion$10,512--$10,512
Conferences and Meetings-$10,162-$10,162
Fees for Services Legal-$5,155-$5,155
Advertising-$3,395-$3,395
Interest-$936-$936
Total Functional Expenses$2,043,525$623,014$0$2,666,539

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,666,539
Total Expenses per Audited Statements$2,666,539
Total Expenses per Form 990$2,666,539
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Backup withholding compliance
Yes
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
Yes
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 B, Line 11B

“Governing board will be provided the return prior to filing.”

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

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given an opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and material facts, and after any discussion with the interested person, he/she shall leave the board of directors meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists.”

Form 990, Part VI, Section B, Line 15

“The process includes all of these elements: 1) review and approval by the board of directors, 2) use of data as to comparable compensation; and 3) contemporaneous documentation and recordkeeping.”

Form 990, Part VI, Section C, Line 19

“The required documents are available at the business address during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Resolute Academy
EIN
46-2879784
Phone
3235596284
Address
1265 E 112TH ST, LOS ANGELES, CA 90059

Signing Officer

Name
Natasha Barriga Siperstein
Title
Executive Director
Phone
3235596284
Signed
2019-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natasha Barriga Siperstei
Formed
2013
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
33
Volunteers
10

Preparer

Firm
Vavrinek Trine Day & Co Llp
Address
10681 FOOTHILL BLVD SUITE 300, RANCHO CUCAMONGA, CA 91730
Preparer
Matthew S Miller
Phone
9094664410
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The charter school has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Management believes that all tax positions taken to date are highly certain, and, accordingly, no accounting adjustment has been made to the financial statements.”

Raw XML Appendix385 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/BOYAmt0103164
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110305
IRS990/AccountsReceivableGrp/BOYAmt0428465
IRS990/AccountsReceivableGrp/EOYAmt0278646
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A CALIFORNIA PUBLIC CHARTER SCHOOL.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03395
IRS990/AdvertisingGrp/TotalAmt03395
IRS990/AllOtherContributionsAmt028543
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt082018
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018006
IRS990/AllOtherExpensesGrp/TotalAmt0100024
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03235596284
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01265 E 112TH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090059
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt044000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt066000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0110000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt010162
IRS990/ConferencesMeetingsGrp/TotalAmt010162
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0124268
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 743425
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd090074
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DIRECTED NEW MEDISCAN II LLC
IRS990/ContractorCompensationGrp/ServicesDesc0STAFFING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02931065
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01022903
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0264526
IRS990/CYSalariesCompEmpBnftPaidAmt01643636
IRS990/CYTotalExpensesAmt02666539
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02931065
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010512
IRS990/DepreciationDepletionGrp/TotalAmt010512
IRS990/Desc0RESOLUTE ACADEMY IS LOCATED IN LOS ANGELES, CALIFORNIA AT 1265 E 112TH STREET. THE SCHOOL OPENED IN 2015 AND CURRENTLY SERVES APPROXIMATELY 240 STUDENTS IN GRADES FIVE THROUGH EIGHT. THE CHARTER SCHOOL IS A FREE PUBLIC CHARTER MIDDLE SCHOOL LOCATED IN WATTS FOR PARENTS WHOSE DREAM IT IS TO SEE THEIR CHILD GRADUATE PREPARED TO TACKLE THE RIGORS AND CHALLENGES OF THE MOST SELECTIVE HIGH SCHOOLS AND COLLEGES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt033
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02043525
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt091890
IRS990/FeesForServicesAccountingGrp/TotalAmt091890
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05155
IRS990/FeesForServicesLegalGrp/TotalAmt05155
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt040645
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0109334
IRS990/FeesForServicesOtherGrp/TotalAmt0149979
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt550.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt521142
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW EANDI
IRS990/Form990PartVIISectionAGrp/PersonNm1LEIGH ARINO DE LA RUBIA
IRS990/Form990PartVIISectionAGrp/PersonNm2KURT GRAMM
IRS990/Form990PartVIISectionAGrp/PersonNm3JASON MANDELL
IRS990/Form990PartVIISectionAGrp/PersonNm4AMY SPADE SILVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5NATASHA BARRIGA-SIPERSTEIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5107259
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt02902522
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02931065
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt020949
IRS990/InformationTechnologyGrp/TotalAmt020949
IRS990/InsuranceGrp/ManagementAndGeneralAmt016956
IRS990/InsuranceGrp/TotalAmt016956
IRS990/InterestGrp/ManagementAndGeneralAmt0936
IRS990/InterestGrp/TotalAmt0936
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021671
IRS990/LandBldgEquipBasisNetGrp/BOYAmt036331
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032412
IRS990/LandBldgEquipCostOrOtherBssAmt054083
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RESOLUTE ACADEMY'S MISSION IS TO EQUIP STUDENTS IN GRADES FIVE THROUGH EIGHT WITH THE ACADEMIC FOUNDATION AND STRENGTH OF CHARACTER NECESSARY TO EXCEL IN SELECTIVE HIGH SCHOOLS AND COLLEGES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0266948
IRS990/NetAssetsOrFundBalancesEOYAmt0531474
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0132777
IRS990/OccupancyGrp/TotalAmt0132777
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017702
IRS990/OfficeExpensesGrp/TotalAmt017702
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019398
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0119157
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0138555
IRS990/OtherExpensesGrp/Desc0STUDENT NUTRITION
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT AND EQUIPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0220928
IRS990/OtherExpensesGrp/ProgramServicesAmt1135939
IRS990/OtherExpensesGrp/ProgramServicesAmt263263
IRS990/OtherExpensesGrp/ProgramServicesAmt342336
IRS990/OtherExpensesGrp/TotalAmt0220928
IRS990/OtherExpensesGrp/TotalAmt1135939
IRS990/OtherExpensesGrp/TotalAmt263263
IRS990/OtherExpensesGrp/TotalAmt342336
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0132688
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01026391
IRS990/OtherSalariesAndWagesGrp/TotalAmt01159079
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04343
IRS990/PayrollTaxesGrp/ProgramServicesAmt0231659
IRS990/PayrollTaxesGrp/TotalAmt0236002
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08858
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022158
IRS990/PrincipalOfficerNm0NATASHA BARRIGA SIPERSTEI
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01960784
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0771133
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0126856
IRS990/PYSalariesCompEmpBnftPaidAmt01062795
IRS990/PYTotalExpensesAmt01833928
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01960784
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0264526
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt096462
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0408569
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt032412
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021671
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054083
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02666539
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02931065
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHARTER SCHOOL HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032412
IRS990ScheduleD/TotalExpensesPerForm990Amt02666539
IRS990ScheduleD/TotalRevenuePerForm990Amt02931065
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02931065
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02666539
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ENROLLMENT PACKAGES AND WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1A CALIFORNIA PUBLIC CHARTER SCHOOL NO FINANCIAL ASSISTANCE AWARDED
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2CALIFORNIA APPORTIONMENT INCOME BASED ON STUDENT ATTENDANCE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BOARD WILL BE PROVIDED THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS INCLUDES ALL OF THESE ELEMENTS: 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, 2) USE OF DATA AS TO COMPARABLE COMPENSATION; AND 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE REQUIRED DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0570116
IRS990/TotalAssetsEOYAmt0741785
IRS990/TotalAssetsGrp/BOYAmt0570116
IRS990/TotalAssetsGrp/EOYAmt0741785
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02931065
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0623014
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02043525
IRS990/TotalFunctionalExpensesGrp/TotalAmt02666539
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0303168
IRS990/TotalLiabilitiesEOYAmt0210311
IRS990/TotalLiabilitiesGrp/BOYAmt0303168
IRS990/TotalLiabilitiesGrp/EOYAmt0210311
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0266948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0531474
IRS990/TotalOtherCompensationAmt021142
IRS990/TotalProgramServiceExpensesAmt02043525
IRS990/TotalReportableCompFromOrgAmt0107259
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02931065
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0570116
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0741785
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0266948
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0531474
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0200004
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0100006
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01265 E 112TH ST
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090059
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.RESOLUTEACADEMY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NATASHA BARRIGA SIPERSTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03235596284
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESOLUTE ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0RESO
ReturnHeader/Filer/EIN0462879784
ReturnHeader/Filer/PhoneNum03235596284
ReturnHeader/Filer/USAddress/AddressLine1Txt01265 E 112TH ST
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090059
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A13E1C2F53F6D70272DDD0BCD01585D7BC58B38B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt023.251.222.146
ReturnHeader/FilingSecurityInformation/IPDt02019-03-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:31:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952648289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VAVRINEK TRINE DAY & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010681 FOOTHILL BLVD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RANCHO CUCAMONGA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091730
ReturnHeader/PreparerPersonGrp/PhoneNum09094664410
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW S MILLER
ReturnHeader/ReturnTs02019-03-28T21:48:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$741,785
Liabilities
$210,311
Net assets
$531,474
Revenue
$2,931,065
Expenses
$2,666,539
Net income
$264,526
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.29$1.67$4.44$4.24$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.73$0.26$1.47$3.58$3.20$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.09$1.08$3.35$3.05$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.92$0.14$0.78$3.39$3.14$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.21$0.53$2.93$2.67$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.30$0.27$1.96$1.83$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.30$0.14$1.55$1.46$0.09