Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
EIN 95-4038658 • 501(c)4 • Downey, CA
Profile
To assist member school districts in the administration of tax exempt bonds. To provide services necessary and appopriate for the establishment, operation and maintenance of regionalized business services and programs for public schools, community colleges, and the los angeles county office of education.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Down$131,780,652
Down $31,221,757 (-19%) from 2024
Liabilities
Down$138,718,768
Down $32,007,314 (-19%) from 2024
Net Assets
Up-$6,938,116
Up $785,557 (+10%) from 2024
Revenue
Down$3,212,105
Down $2,342,235 (-42%) from 2024
Expenses
Down$2,426,548
Down $2,441,369 (-50%) from 2024
Net Income
Up$785,557
Up $99,134 (+14%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
To assist member school districts in the administration of tax-exempt bonds. To provide services necessary/appopriate for the establishment, operation and maintenance of regionalized business services and programs for public schools, community colleges, and lacoe.
To assist member school districts in the administration of tax exempt bond financing.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $54,152,622 | $34,802,668 | ▼ $19,349,954 |
| Total Assets | $163,002,409 | $131,780,652 | ▼ $31,221,757 |
| Other Assets Total | $108,849,787 | $96,977,984 | ▼ $11,871,803 |
| Liabilities | |||
| Other Liabilities | $139,147,309 | $110,442,364 | ▼ $28,704,945 |
| Deferred Revenue | $31,224,261 | $27,967,024 | ▼ $3,257,237 |
| Accounts Payable and Accrued Expenses | $354,512 | $309,380 | ▼ $45,132 |
| Total Liabilities | $170,726,082 | $138,718,768 | ▼ $32,007,314 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-7,723,673 | $-6,938,116 | ▲ $785,557 |
| Total Net Assets Fund Balance | $-7,723,673 | $-6,938,116 | ▲ $785,557 |
| Total Liabilities and Net Assets / Fund Balance | $163,002,409 | $131,780,652 | ▼ $31,221,757 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $85,961 | - | - |
| Name | Title |
|---|---|
| Dr Anthony Culpepper | President |
| Mrs Julie Boucher | Vice President/treasurer |
| Dr Michael Lin | Director |
| Mr Frank Bostrom | Director |
| Mr Manoj Roychowdhury | Director |
| Mr Phillip Downing | Exec. Director |
| Mr John Nunez | Secretary/director |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,426,548 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $3,212,105 | - | - | $3,212,105 |
| Other Expenses | $-785,557 | - | - | $-785,557 |
| Total Functional Expenses | $2,426,548 | $0 | $0 | $2,426,548 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,426,548 |
| Total Expenses per Audited Statements | $2,426,548 |
| Total Expenses per Form 990 | $2,426,548 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Bonds Payable | $68,925,000 |
| Due to Districts | $34,579,248 |
| Certificate Issuance Premium | $6,938,116 |
“The organization does not have an executive committee to act on behalf of the governing board.”
“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 the board with any changes or revisions incorporated into the filing. The revised return is then submitted to the irs.”
“Officers and directors are required to annually disclose interests that could potentially result in conflicts. The board or designated committee 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.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”
“The process for oversight and selection of an independent accountant has not changed from the prior year.”
“The corporation qualifies as a tax-exempt corporation under section 501(c)(4) of the internal revenue code, and section 23701u of the california revenue and taxation code. The corporation has evaluated its tax positions and the certainty as to whether those positions will be sustained in the event of an audit by taxing authorities at the federal and state levels. The primary tax positions evaluated are related to the corporation's continued qualification as a tax-exempt organization and whether there is unrelated business income activities conducted that would be taxable. Management has determined that all income tax positions are more likely than not (greater than 50%) of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The corporation files informational returns in the united states federal jurisdiction and the state of california. With few exceptions, the statute of limitations for federal and california generally expire in three to four years, respectively.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 354512 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 309380 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO ASSIST MEMBER SCHOOL DISTRICTS IN THE ADMINISTRATION OF TAX EXEMPT BOND FINANCING. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | PHILLIP DOWNING EXECUTIVE DIRECTOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5629226166 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9300 IMPERIAL HWY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DOWNEY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90242 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3212105 |
| IRS990/CYOtherExpensesAmt | 0 | 2426548 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 785557 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 2426548 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3212105 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 31224261 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 27967024 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE PURPOSE OF THE CORPORATION IS TO ADMINISTER THE ISSUANCE AND REPAYMENT OF BONDS ON BEHALF OF MEMBER PUBLIC SCHOOL DISTRICTS FOR ACQUISITION OF EQUIPMENT AND BUILDINGS CONSTRUCTION AND IMPROVEMENTS. IN 2024-2025 FISCAL YEAR, THE CORPORATION GENERATED $3.2 MILLION IN REVENUE. THESE PROCEEDS HELPED TO SUPPORT 1.2 MILLION STUDENTS THROUGHOUT THE 79 K-12 LA COUNTY SCHOOL DISTRICTS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2426548 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MR PHILLIP DOWNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DR ANTHONY CULPEPPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MRS JULIE BOUCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MR JOHN NUNEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MR FRANK BOSTROM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DR MICHAEL LIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MR MANOJ ROYCHOWDHURY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXEC. DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDENT/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 3212105 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 3212105 |
| IRS990/InterestGrp/TotalAmt | 0 | 3212105 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3212105 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3212105 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 54152622 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 34802668 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ASSIST MEMBER SCHOOL DISTRICTS IN THE ADMINISTRATION OF TAX-EXEMPT BONDS. TO PROVIDE SERVICES NECESSARY/APPOPRIATE FOR THE ESTABLISHMENT, OPERATION AND MAINTENANCE OF REGIONALIZED BUSINESS SERVICES AND PROGRAMS FOR PUBLIC SCHOOLS, COMMUNITY COLLEGES, AND LACOE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -7723673 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -6938116 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -7723673 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -6938116 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 108849787 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 96977984 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | AMORTIZATION, NET |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | -785557 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | -785557 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 139147309 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 110442364 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | ANTHONY CULPEPPER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 5554340 |
| IRS990/PYOtherExpensesAmt | 0 | 4867917 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 686423 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 4867917 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5554340 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 785557 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2426548 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 96892023 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 85961 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | LEASES RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DUE FROM DISTRICTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6938116 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 68925000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 34579248 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CERTIFICATE ISSUANCE PREMIUM |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | BONDS PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | DUE TO DISTRICTS |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3212105 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CORPORATION QUALIFIES AS A TAX-EXEMPT CORPORATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, AND SECTION 23701U OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE CORPORATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE CORPORATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE IS UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT (GREATER THAN 50%) OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE CORPORATION FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. WITH FEW EXCEPTIONS, THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA GENERALLY EXPIRE IN THREE TO FOUR YEARS, RESPECTIVELY. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 96977984 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2426548 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 110442364 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3212105 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 3212105 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2426548 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION DOES NOT HAVE AN EXECUTIVE COMMITTEE TO ACT ON BEHALF OF THE GOVERNING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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 THE BOARD WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD POTENTIALLY RESULT IN CONFLICTS. THE BOARD OR DESIGNATED COMMITTEE 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/ExplanationTxt | 3 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 163002409 |
| IRS990/TotalAssetsEOYAmt | 0 | 131780652 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 163002409 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 131780652 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2426548 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2426548 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 170726082 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 138718768 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 170726082 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 138718768 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -7723673 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -6938116 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2426548 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 3212105 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3212105 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 6 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 163002409 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 131780652 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 9300 IMPERIAL HIGHWAY |
| IRS990/USAddress/CityNm | 0 | DOWNEY |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 90242 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANTHONY CULPEPPER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5629226166 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-01-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOS ANGELES COUNTY SCHOOLS |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | REGIONALIZED BUSINESS SERVICES CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOSA |
| ReturnHeader/Filer/EIN | 0 | 954038658 |
| ReturnHeader/Filer/PhoneNum | 0 | 5629226166 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 9300 IMPERIAL HIGHWAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DOWNEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90242 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 901 VIA PIEMONTE SUITE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ONTARIO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91764 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9099857286 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-01-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CASIE ZWAHLEN CPA |
| ReturnHeader/ReturnTs | 0 | 2026-01-21T16:40:14-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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