2025-04-22T18:58:19-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 460906300 OPEN GATE LEARNING FOUNDATION OPEN 5592257737 4221 NORTH HUGHES AVE FRESNO CA 937051611 MICHAEL LEE CEO 5592257737 2025-04-21 1 1 WADE MCMULLEN P00541671 6268577300 2025-04-08 2023 2025-03-06 01:10:19Z MICHAEL LEE 4221 NORTH HUGHES AVE FRESNO CA 937051611 1337444 0 X N/A X 2012 CA TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS. 3 0 0 3 0 0 0 0 806946 1142263 118634 195181 0 0 925580 1337444 0 0 0 0 0 0 0 0 0 1042269 1360531 1042269 1360531 -116689 -23087 14947473 14788236 14865515 14729365 81958 58871 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. AND IF NEEDED, AQUIRE NEW SCHOOL FACILITIES. 0 0 458945 0 1142263 PROVIDED CHARTER SCHOOL FACILITIES FOR ITS RELATED ORGANIZATION, ASPEN PUBLIC SCHOOLS INC. 458945 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X MICHAEL LEE 5592257737 4221 NORTH HUGHES AVE FRESNO CA 93705 TERRI MARTIN CFO 1.00 40.00 X X 0 90863 14544 MICHAEL LEE CEO 1.00 40.00 X X 0 107545 10000 JANICE WALSTROM DIRECTOR 1.00 40.00 X 0 28266 0 0 226674 24544 0 0 0 0 0 RENT INCOME 532000 1142263 1142263 1142263 195181 195181 1337444 1142263 0 195181 6000 6000 21108 21108 174726 174726 881157 881157 263111 263111 OTHER EXPENSES 14429 14429 1360531 458945 901586 0 30117 71210 4482795 4364760 151150 143522 9668335 436972 9152979 9231363 1130432 977381 14947473 14788236 406000 403750 122186 122070 12202543 12216200 2134786 1987345 14865515 14729365 X 81958 58871 81958 58871 14947473 14788236 -23087 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 8952059 398388 8553671 636776 38584 598192 79500 79500 9231363 RIGHT OF USE ASSETS 977381 977381 LEASE LIABILITIES 1027538 DEFERRED RENT LIABILITY 67307 GRANT RESERVE FUNDS 892500 1987345 X PART X, LINE 2: THE ORGANIZATION ARE NONPROFIT ENTITIES 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 UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. A CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TRJ1 2022-10-12 12147165 NEW FACILITY 0 0 0 A 12147165 245722 11512588 388855 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. A COVERED PERSON IS ANY DIRECTOR OR OFFICER OF THE CORPORATION AND ANY OTHER PERSON DESIGNATED IN WRITING BY THE PRESIDENT OR BOARD OF DIRECTORS OF THE CORPORATION WHO HAS A DIRECT OR INDIRECT FINANCIAL OR OTHER INTEREST. IT IS DETERMINED THAT AN INTERESTED PERSON HAS OUTSIDE INTEREST WHEN THEY HOLD, INDIRECTLY OR DIRECTLY, A POSITION OR A MATERIAL FINANCIAL INTEREST IN ANY OUTSIDE CONCERN FROM WHICH THE INDIVIDUAL HAS REASON TO BELIEVE THE ORGANIZATION SECURES GOODS OR SERVICES OR THAT PROVIDES SERVICES COMPETITIVE WITH THE ORGANIZATION. IT IS DETERMINED THAT AN INTERESTED PERSON HAS OUTSIDE ACTIVITY WHEN THEY RENDER DIRECTIVE, MANAGERIAL, OR CONSULTATIVE SERVICES TO, OR ARE AN EMPLOYEE OF, ANY OUTSIDE CONCERN THAT DOES BUSINESS WITH, OR COMPETES WITH THE SERVICES OF, THE ORGANIZATION OR TO RENDER OTHER SERVICES IN COMPETITION WITH THE ORGANIZATION. ANY QUESTIONS OF A CONFLICT ARE ADDRESSED WITH THE DESIGNATED EMPLOYEE, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY MATERIAL FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. 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. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE ORGANIZATION WILL NOT ENTER INTO ANY CONTRACT OR TRANSACTION IN WHICH A DESIGNATED EMPLOYEE HAS A MATERIAL INTEREST. ALL DELIBERATION AND DECISIONS ARE RECORDED IN MEETING MINUTES. 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 FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. JACQUELYN GATES LLC 4221 NORTH HUGHES AVENUE FRESNO CA 93705 PROPERTY HOLDING CA 1337444 14788236 OPEN GATE LEARNING FOUNDATION 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 1 1 0 0 0 0