Form 990, Part VI, Line 11B: Form 990 Review Process
“The board reviews the form 990 with the chief executive officer during a scheduled board meeting prior to submission.”
990 • Fiscal year 2017 • EIN 47-1506069
Scores are not available for this record yet.
Assets
Flat$757,409
Flat from 2017
Net Assets
Flat$110,787
Flat from 2017
Liabilities
Flat$646,622
Flat from 2017
Revenue
Flat$3,493,127
Flat from 2017
Expenses
Down$3,575,195
Down $158,144 (-4.2%) from 2017
Net Income
Up-$82,068
Up $158,144 (+66%) from 2017
To provide a distinguished, pre-professional experience in performing arts within a college and career preparatory setting. The school believes in fostering a culture of excellence with the core values of rigor, relevance, resilience, and relationships.
To provide a distinguished, pre-professional experience in performing arts within a college and career preparatory setting.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | - | $416,104 | - |
| Cash and Non-Interest-Bearing Accounts | $51,296 | $173,229 | ▲ $121,933 |
| Land, Buildings, and Equipment, Net | $100,249 | $165,191 | ▲ $64,942 |
| Prepaid Expenses and Deferred Charges | $5,356 | $1,679 | ▼ $3,677 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $159,775 | $757,409 | ▲ $597,634 |
| Other Assets Total | $2,874 | $1,206 | ▼ $1,668 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $45,000 | $300,000 | ▲ $255,000 |
| Unsecured Notes Loans Payable | - | $250,000 | - |
| Accounts Payable and Accrued Expenses | $256,920 | $96,622 | ▼ $160,298 |
| Total Liabilities | $301,920 | $646,622 | ▲ $344,702 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-142,145 | $110,787 | ▲ $252,932 |
| Total Net Assets Fund Balance | $-142,145 | $110,787 | ▲ $252,932 |
| Total Liabilities and Net Assets / Fund Balance | $159,775 | $757,409 | ▲ $597,634 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $125,129 | $62,008 | $187,137 |
| Other Land Buildings | $40,062 | $8,083 | $48,145 |
| Name | Title |
|---|---|
| Alison Bacigalupo | Chairman |
| Neil Mcchesney | President |
| Gabriella Rowland | Trustee |
| Mark Rigau | Trustee |
| Michael Lynch | Trustee |
| Sherrie Sarna | Trustee |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,864,515 |
| Other Expenses | $1,710,680 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $972,696 | $495,232 | - | $1,467,928 |
| Occupancy | $854,292 | $213,572 | - | $1,067,864 |
| Other Employee Benefits | $210,077 | $19,479 | - | $229,556 |
| Pension Plan Contributions | $103,094 | $9,559 | - | $112,653 |
| Depreciation Depletion | $56,073 | $14,018 | - | $70,091 |
| Fees for Services Management | - | $69,663 | - | $69,663 |
| Fees for Services Other | $23,110 | $35,260 | - | $58,370 |
| Payroll Taxes | $49,764 | $4,614 | - | $54,378 |
| Information Technology | $35,352 | $8,838 | - | $44,190 |
| Office Expenses | $29,914 | $7,478 | - | $37,392 |
| Fees for Services Legal | - | $22,918 | - | $22,918 |
| Insurance | - | $19,979 | - | $19,979 |
| Other Expenses | $14,722 | $3,681 | - | $18,403 |
| Conferences and Meetings | - | $13,634 | - | $13,634 |
| Interest | - | $11,286 | - | $11,286 |
| Fees for Services Accounting | - | $9,582 | - | $9,582 |
| All Other Expenses | - | $911 | - | $911 |
| Advertising | - | $750 | - | $750 |
| Travel | - | $704 | - | $704 |
| Total Functional Expenses | $2,591,819 | $983,376 | $0 | $3,575,195 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,575,195 |
| Total Expenses per Audited Statements | $3,575,195 |
| Total Expenses per Form 990 | $3,575,195 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $9,422 |
| Fundraising Gross Income | $9,422 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraisers | $106,317 | $9,422 | $9,422 | $0 |
| Total Events | $106,317 | $9,422 | $9,422 | - |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The board reviews the form 990 with the chief executive officer during a scheduled board meeting prior to submission.”
“The organization requires all board members to complete form 700 annually and disclose any possible conflicts of interest at that time.”
“The process for determining executive compensation involves the review and approval by the board of directors after obtaining comparability data and advice from independent sources.”
“The process involves review and approval after obtaining comparability data and advice from independent sources.”
“The board maintains all policies required for operating charter schools. These policies are available upon request from the school.”
“The school follows provisions of uncertain tax positions as addressed in asc 958. The school recognizes accrued interest and penalties associated with uncertain tax positions as part of the income tax provision, when applicable. There are no amounts accrued in the financial statements related to uncertain tax positions for the year ended june 30, 2017.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | STUDENT PRODUCTION |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 31947 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 31947 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 218217 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 3 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 104938 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -143341 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 256623 |
| IRS990/PYTotalExpensesAmt | 0 | 361561 |
| IRS990/PYTotalRevenueAmt | 0 | 218220 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -82068 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 125129 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 62008 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 187137 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3575195 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 40062 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 8083 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 48145 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3493127 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL FOLLOWS PROVISIONS OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN ASC 958. THE SCHOOL RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 165191 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3575195 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3493127 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 3493127 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3575195 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE SCHOOL KEEPS A COPY OF ALL POLICIES INCLUDING RACIALLY NONDISCRIMINATORY POLICIES AND THEY ARE AVAILABLE UPON REQUEST AT ANY TIME. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 96895 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 96895 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 9422 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | FUNDRAISERS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 106317 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 106317 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 9422 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 9422 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 9422 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 9422 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD REVIEWS THE FORM 990 WITH THE CHIEF EXECUTIVE OFFICER DURING A SCHEDULED BOARD MEETING PRIOR TO SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO COMPLETE FORM 700 ANNUALLY AND DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST AT THAT TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION INVOLVES THE REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AFTER OBTAINING COMPARABILITY DATA AND ADVICE FROM INDEPENDENT SOURCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PROCESS INVOLVES REVIEW AND APPROVAL AFTER OBTAINING COMPARABILITY DATA AND ADVICE FROM INDEPENDENT SOURCES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD MAINTAINS ALL POLICIES REQUIRED FOR OPERATING CHARTER SCHOOLS. THESE POLICIES ARE AVAILABLE UPON REQUEST FROM THE SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 159775 |
| IRS990/TotalAssetsEOYAmt | 0 | 757409 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 159775 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 757409 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 3461173 |
| IRS990/TotalEmployeeCnt | 0 | 30 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 983376 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2591819 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3575195 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 301920 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 646622 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 301920 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 646622 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -142145 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 110787 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2591819 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 31947 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.