2024-05-13T14:38:42-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-07-01 460906300 OPEN GATE LEARNING FOUNDATION OPEN 5592257737 4221 NORTH HUGHES AVE FRESNO CA 937051611 MICHAEL LEE CEO 5592257737 2024-05-11 1 MICHAEL LEE 999009999 0 MARLEN GOMEZ P01306775 6268577300 2024-05-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL LEE 4221 NORTH HUGHES AVE FRESNO CA 937051611 925580 0 X N/A X 2014 CA TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS. 3 1 0 3 0 0 0 0 0 806946 0 118634 0 0 0 925580 0 0 0 0 0 0 0 0 0 6005 1042269 6005 1042269 -6005 -116689 198647 14947473 0 14865515 198647 81958 TO ACQUIRE REAL PROPERTY, TO DEVELOP CONSTRUCT, AND/OR RENOVATE SCHOOL FACILITIES ON THE PROPERTY AND TO LEASE THE PROPERTY TO ASPEN PUBLIC SCHOOLS INC. SUCH OTHER SCHOOL FACILITIES AS MAY BE REQUIRED. 0 0 393419 806946 PROVIDED CHARTER SCHOOL FACILITIES FOR ITS RELATED ORGANIZATION, ASPEN PUBLIC SCHOOLS INC. 393419 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X SPENCER STYLES CHARTER IMPACT 8884740322 8500 BALBOA BLVD SUITE 140 NORTHRIDGE CA 91325 TERRI MARTIN CFO 1.00 40.00 X X 0 81482 11289 MICHAEL LEE CEO 1.00 40.00 X X 0 91825 9154 JANICE WALSTROM DIRECTOR 1.00 40.00 X 0 32987 0 0 206294 20443 0 0 0 0 0 RENT INCOME 532000 806946 806946 806946 118634 118634 925580 806946 0 118634 6000 6000 169556 169556 588488 588488 173862 173862 BOND AMORTIZATION 50943 50943 REPAIRS AND MAINTENANCE 50001 50001 OTHER TAXES AND FEES 3259 3259 BANK CHARGES 160 160 1042269 393419 648850 0 3043 30117 4482795 195604 151150 9326842 173863 0 9152979 0 1130432 198647 14947473 406000 122186 12202543 0 2134786 0 14865515 X 198647 81958 198647 81958 198647 14947473 -116689 0 X X 0 1 X 1 0 X X X 1 ASPEN PUBLIC SCHOOLS INC 562464910 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 8690066 167117 8522949 636776 6746 630030 9152979 RIGHT OF USE ASSETS 1130432 1130432 LEASE LIABILITIES 1186036 DEFERRED RENT LIABILITY 56250 GRANT RESERVE FUNDS 892500 2134786 X PART X, LINE 2: THE ORGANIZATION ARE NONPROFIT ENTITITES 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; THEREORE, NO DISCLOSURES OF UNERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION FILES AND EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. A CALIFORNIA SCHOOL FINANCING AUTHORITY 680280917 13058TRJ1 2022-09-22 13117150 NEW FACILITY 0 0 0 A 13117150 847310 245722 8987988 9868265 2938901 0 0 0 1 A 1 0 0 0 0 0 1 A 1 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 7A ASPEN PUBLIC SCHOOLS INC., A RELATED ENTITY AND SPONSOR OF OPEN GATE LEARNING FOUNDATION, SHALL DESIGNATE THE DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 THE SIGNING OFFICER 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 ADMINISTRATIVE OFFICER OF THE ORGANIZATION MONITORS COMPLIANCE WITH ANY CONFLICT OF INTEREST AND, ON AN ANNUAL BASIS, THE BOARD MEMBERS AND DIRECTOR SUBMIT FORM 700 TO THE COUNTY OFFICE OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 15 BOARD MEMBERS DO NOT RECEIVE COMPENSATION, HOWEVER, IF THEY WERE TO RECEIVE COMPENSATION, A CLOSED SESSION WOULD TAKE PLACE FOR THE REVIEW AND APPROVAL PROCESS REGARDING THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ASPEN PUBLIC SCHOOLS 4221 NORTH HUGHES AVE FRESNO CA 93705 562464910 SCHOOL CA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 ASPEN PUBLIC SCHOOLS J 717338 FMV