Civic Intelligence

Aurum Preparatory Academy Inc

EIN 81-1636171 • 501(c)3 • Oakland, CA

Profile

Aurum preparatory academy is a tuition-free, public school. Through rigorous instruction and positive character education, aurum preparatory academy educates all students in grades 6 through 8 to succeed in college and serve as the next generation of moral leaders.

1034 66th AveOakland, CA 94621

www.aurumprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.52x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.43x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$145,257

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

24th percentile

-5.0%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$2,422,779

Down $126,638 (-5.0%) from 2023

Liabilities

Up

$1,261,575

Up $263,230 (+26%) from 2023

Net Assets

Down

$1,161,204

Down $389,868 (-25%) from 2023

Operations
Liabilities / Revenue79th percentileNet Margin19th percentile

Revenue

Down

$2,920,922

Down $332,428 (-10%) from 2023

Expenses

Down

$3,310,790

Down $131,846 (-3.8%) from 2023

Net Income

Down

-$389,868

Down $200,582 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2017: $2,426Liabilities 2017: $0Net Assets 2017: $2,4262017Assets 2018: $395,952Liabilities 2018: $29,161Net Assets 2018: $366,7912018Assets 2019: $750,590Liabilities 2019: $312,954Net Assets 2019: $437,6362019Assets 2020: $859,930Liabilities 2020: $411,078Net Assets 2020: $448,8522020Assets 2021: $1,478,270Liabilities 2021: $462,532Net Assets 2021: $1,015,7382021Assets 2022: $2,144,769Liabilities 2022: $404,411Net Assets 2022: $1,740,3582022Assets 2023: $2,549,417Liabilities 2023: $998,345Net Assets 2023: $1,551,0722023Assets 2024: $2,422,779Liabilities 2024: $1,261,575Net Assets 2024: $1,161,2042024

Highlighted filing

2024

Assets$2,422,779
Liabilities$1,261,575
Net Assets$1,161,204
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $73,601Expenses 2017: $71,175Net Income 2017: $2,4262017Revenue 2018: $674,736Expenses 2018: $310,371Net Income 2018: $364,3652018Revenue 2019: $1,949,422Expenses 2019: $1,878,578Net Income 2019: $70,8442019Revenue 2020: $1,954,158Expenses 2020: $1,942,942Net Income 2020: $11,2162020Revenue 2021: $2,969,650Expenses 2021: $2,402,764Net Income 2021: $566,8862021Revenue 2022: $3,595,308Expenses 2022: $2,870,688Net Income 2022: $724,6202022Revenue 2023: $3,253,350Expenses 2023: $3,442,636Net Income 2023: -$189,2862023Revenue 2024: $2,920,922Expenses 2024: $3,310,790Net Income 2024: -$389,8682024

Highlighted filing

2024

Revenue$2,920,922
Expenses$3,310,790
Net Income-$389,868
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$2,422,779
Liabilities
$1,261,575
Net assets
$1,161,204
Revenue
$2,920,922
Expenses
$3,310,790
Net income
-$389,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$1.26$1.16$2.92$3.31$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$1.00$1.55$3.25$3.44$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.40$1.74$3.60$2.87$0.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.46$1.02$2.97$2.40$0.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.41$0.45$1.95$1.94$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.31$0.44$1.95$1.88$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.03$0.37$0.67$0.31$0.36
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.07$0.07$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 6, 2022
Return Version
2020v4.2
Gross Receipts
$2,969,650
Mission and Program Overview

Mission

Through rigorous instruction and positive character education, aurum preparatory academy charter school educates all of its students, grades 6 -8, to succeed in high school, college, and life and to serve as the next generation of moral leaders.

Aurum preparatory academy is a tuition-free, public school serving students in 6th-8th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$389,247$966,776▲ $577,529
Cash and Non-Interest-Bearing Accounts$323,668$322,514▼ $1,154
Prepaid Expenses and Deferred Charges$101,574$111,651▲ $10,077
Land, Buildings, and Equipment, Net$45,441$77,329▲ $31,888
Total Assets$859,930$1,478,270▲ $618,340
Liabilities
Unsecured Notes Loans Payable$371,466$288,132▼ $83,334
Deferred Revenue-$97,628-
Accounts Payable and Accrued Expenses$39,612$76,772▲ $37,160
Total Liabilities$411,078$462,532▲ $51,454
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$448,852$1,015,738▲ $566,886
Total Net Assets Fund Balance$448,852$1,015,738▲ $566,886
Total Liabilities and Net Assets / Fund Balance$859,930$1,478,270▲ $618,340

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$71,459$13,626$85,085
Equipment$5,870$21,551$27,421
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David HardinExecutive DirectorFT$106,500$5,325$111,825

Board Members and Trustees

NameTitle
Parren JamesPresident
Vijay TokeVice President
Abby BenedettoMember
Creighton DavisMember
John HuddleMember
Maggie KnutsonMember
Vincent HayesMember
James JordanSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,967,722
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,928
All Other Contributions
$332,760
Change in Net Assets
$566,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,969,650
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,969,650
Total Revenue per Form 990
$2,969,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,270,072
Other Expenses$1,132,692
Total Fundraising Expense$4,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$811,546$121,562$3,364$936,472
Fees for Services Other$348,653$61,005-$409,658
Occupancy$226,702$40,005-$266,707
Current Officers, Directors, Trustees, and Key Employees$76,099$40,976-$117,075
Other Employee Benefits$91,960$15,412$363$107,735
Payroll Taxes$68,792$12,496$262$81,550
Advertising$69,534--$69,534
Pension Plan Contributions$22,978$4,175$87$27,240
Insurance$21,232$3,747-$24,979
Information Technology$12,880$11,057-$23,937
Fees for Services Accounting-$21,525-$21,525
Fees for Services Legal-$17,883-$17,883
Depreciation Depletion$14,511$2,561-$17,072
Office Expenses-$15,754-$15,754
Other Expenses$8,925$1,532-$10,457
All Other Expenses$9,689$514$10$10,213
Fees for Services Management-$8,550-$8,550
Interest-$3,304-$3,304
Travel-$55-$55
Total Functional Expenses$2,005,063$393,615$4,086$2,402,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,402,764
Total Expenses per Audited Statements$2,402,764
Total Expenses per Form 990$2,402,764
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 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, Part VI, Section A, Line 8B

“The organization does not have a committee with authority to act on the board's behalf.”

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 management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

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

“The officers, directors, and trustees all have a duty to disclose any actual or possible conflict 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 B, Line 15A

“The executive officer's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive officer's compensation as a direct action. Decisions are recorded in the minutes of the board meeting and in separate instructions to the executive director to implement the decisions.”

Form 990, Part VI, Section C, Line 19

“Public documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Aurum Preparatory Academy Inc
EIN
81-1636171
Phone
4153098758
Address
1034 66TH AVE, OAKLAND, CA 94621

Signing Officer

Name
David Hardin
Title
Executive Director
Phone
4153098758
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hardin
Formed
2017
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
24
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Mei-li Huang
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other fees for services: program service expenses 348,653. Management and general expenses 61,005. Fundraising expenses 0. Total expenses 409,658.”

FORM 990, PART XII, LINE 2C:

“Process has not changed from the prior year”

Financial Statement Notes

PART X, LINE 2:

“The academy is a nonprofit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The academy is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The academy files and exempt the academy return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.”

Raw XML AppendixShowing 400 of 440 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/BOYAmt039612
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt076772
IRS990/AccountsReceivableGrp/BOYAmt0389247
IRS990/AccountsReceivableGrp/EOYAmt0966776
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AURUM PREPARATORY ACADEMY IS A TUITION-FREE, PUBLIC SCHOOL SERVING STUDENTS IN 6TH-8TH GRADE.
IRS990/AdvertisingGrp/ProgramServicesAmt069534
IRS990/AdvertisingGrp/TotalAmt069534
IRS990/AllOtherContributionsAmt0332760
IRS990/AllOtherExpensesGrp/FundraisingAmt010
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0514
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09689
IRS990/AllOtherExpensesGrp/TotalAmt010213
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRYAN ADAMS-ABACUS
IRS990/BooksInCareOfDetail/PhoneNum04153098758
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01034 66TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OAKLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094621
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0323668
IRS990/CashNonInterestBearingGrp/EOYAmt0322514
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt040976
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt076099
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0117075
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02967722
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01132692
IRS990/CYOtherRevenueAmt01928
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0566886
IRS990/CYSalariesCompEmpBnftPaidAmt01270072
IRS990/CYTotalExpensesAmt02402764
IRS990/CYTotalFundraisingExpenseAmt04086
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02969650
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt097628
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02561
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014511
IRS990/DepreciationDepletionGrp/TotalAmt017072
IRS990/Desc0AURUM PREPARATORY ACADEMY OPERATES AS A CALIFORNIA PUBLIC CHARTER SCHOOL. AT AURUM PREPARATORY ACADEMY, ALL STUDENTS WILL BE PREPARED FOR ACADEMIC AND LIFE SUCCESS, AND ALL STUDENTS WILL RECEIVE THE EDUCATION NEEDED TO ENTER AND GRADUATE FROM COLLEGE. ONE OF THE MOST IMPORTANT DECISIONS A FAMILY MAKES FOR THEIR CHILDREN IS WHERE TO SEND THEM TO SCHOOL. WE PROMISE TO EDUCATE EVERY STUDENT FOR A COLLEGE DEGREE AND A LIFE OF ETHICAL LEADERSHIP FROM THE MOMENT THEY ENTER OUR DOORS. THE ACADEMY SERVED APPROXIMATELY 197 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt024
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02005063
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021525
IRS990/FeesForServicesAccountingGrp/TotalAmt021525
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt017883
IRS990/FeesForServicesLegalGrp/TotalAmt017883
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt08550
IRS990/FeesForServicesManagementGrp/TotalAmt08550
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt061005
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0348653
IRS990/FeesForServicesOtherGrp/TotalAmt0409658
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt05325
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID HARDIN
IRS990/Form990PartVIISectionAGrp/PersonNm1PARREN JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm2VIJAY TOKE
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN HUDDLE
IRS990/Form990PartVIISectionAGrp/PersonNm5ABBY BENEDETTO
IRS990/Form990PartVIISectionAGrp/PersonNm6MAGGIE KNUTSON
IRS990/Form990PartVIISectionAGrp/PersonNm7VINCENT HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm8CREIGHTON DAVIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0106500
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY AND TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt02634962
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02969650
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt012880
IRS990/InformationTechnologyGrp/TotalAmt023937
IRS990/InsuranceGrp/ManagementAndGeneralAmt03747
IRS990/InsuranceGrp/ProgramServicesAmt021232
IRS990/InsuranceGrp/TotalAmt024979
IRS990/InterestGrp/ManagementAndGeneralAmt03304
IRS990/InterestGrp/TotalAmt03304
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt035177
IRS990/LandBldgEquipBasisNetGrp/BOYAmt045441
IRS990/LandBldgEquipBasisNetGrp/EOYAmt077329
IRS990/LandBldgEquipCostOrOtherBssAmt0112506
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGH RIGOROUS INSTRUCTION AND POSITIVE CHARACTER EDUCATION, AURUM PREPARATORY ACADEMY EDUCATES ALL STUDENTS IN GRADES 6 THROUGH 8 TO SUCCEED IN COLLEGE AND SERVE AS THE NEXT GENERATION OF MORAL LEADERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0448852
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01015738
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt040005
IRS990/OccupancyGrp/ProgramServicesAmt0226702
IRS990/OccupancyGrp/TotalAmt0266707
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015754
IRS990/OfficeExpensesGrp/TotalAmt015754
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0363
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015412
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt091960
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107735
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc2FOOD SERVICES
IRS990/OtherExpensesGrp/Desc3PRITNER MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011502
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11532
IRS990/OtherExpensesGrp/ProgramServicesAmt0137077
IRS990/OtherExpensesGrp/ProgramServicesAmt164214
IRS990/OtherExpensesGrp/ProgramServicesAmt220271
IRS990/OtherExpensesGrp/ProgramServicesAmt38925
IRS990/OtherExpensesGrp/TotalAmt0137077
IRS990/OtherExpensesGrp/TotalAmt175716
IRS990/OtherExpensesGrp/TotalAmt220271
IRS990/OtherExpensesGrp/TotalAmt310457
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01928
IRS990/OtherRevenueTotalAmt01928
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03364
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121562
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0811546
IRS990/OtherSalariesAndWagesGrp/TotalAmt0936472
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0262
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012496
IRS990/PayrollTaxesGrp/ProgramServicesAmt068792
IRS990/PayrollTaxesGrp/TotalAmt081550
IRS990/PensionPlanContributionsGrp/FundraisingAmt087
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04175
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022978
IRS990/PensionPlanContributionsGrp/TotalAmt027240
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101574
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0111651
IRS990/PrincipalOfficerNm0DAVID HARDIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01951484
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt02674
IRS990/PYProgramServiceRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt01047940
IRS990/PYTotalExpensesAmt01942942
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01954158
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0566886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05870
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021551
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027421
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02402764
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013626
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt085085
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02969650
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ACADEMY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ACADEMY FILES AND EXEMPT THE ACADEMY RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt02402764
IRS990ScheduleD/TotalRevenuePerForm990Amt02969650
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02969650
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02402764
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/ExplanationTxt0THE SCHOOL IS A CALIFORNIA CHARTER SCHOOL AND FOLLOWS STATE REGULATIONS REGARDING NON-DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND DOES NOT AWARD SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FUNDING FROM STATE AND FEDERAL SOURCES.
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/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON THE BOARD'S BEHALF.
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 MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS, DIRECTORS, AND TRUSTEES ALL HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT 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 EXECUTIVE OFFICER'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE OFFICER'S COMPENSATION AS A DIRECT ACTION. DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD MEETING AND IN SEPARATE INSTRUCTIONS TO THE EXECUTIVE DIRECTOR TO IMPLEMENT THE DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PUBLIC DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 348,653. MANAGEMENT AND GENERAL EXPENSES 61,005. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 409,658.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0859930
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IRS990/TotalAssetsGrp/BOYAmt0859930
IRS990/TotalAssetsGrp/EOYAmt01478270
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02967722
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04086
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0393615
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02005063
IRS990/TotalFunctionalExpensesGrp/TotalAmt02402764
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0462532
IRS990/TotalLiabilitiesGrp/BOYAmt0411078
IRS990/TotalLiabilitiesGrp/EOYAmt0462532
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0448852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01015738
IRS990/TotalOtherCompensationAmt05325
IRS990/TotalProgramServiceExpensesAmt02005063
IRS990/TotalReportableCompFromOrgAmt0106500
IRS990/TotalRevenueGrp/ExclusionAmt01928
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02969650
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01478270
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt055
IRS990/TravelGrp/TotalAmt055
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0371466
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0288132
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01034 66TH AVE

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