2025-05-23T20:16:42-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 831619714 ISSAC ORG INC ISSA 9494414500 1770 TUSTIN AVE COSTA MESA CA 92627 PADMINI SRINIVASAN EXECUTIVE DIRECTOR 9494414500 2025-05-14 1 1 DERRICK DEBRUYNE P00591016 6268577300 2025-05-09 2023 2025-03-06 01:10:19Z X ISSAC CHARTER SCHOOL PADMINI SRINIVASAN 1770 TUSTIN AVE COSTA MESA CA 92627 2018883 0 X ISSACCHARTER.ORG X 2018 CA TO PURSUE STREAM, TRILINGUALISM AND SOCIAL EMOTIONAL LEARNING. 5 4 36 25 0 0 2735969 1920098 0 0 1223 3533 2374 95252 2739566 2018883 0 0 0 0 969627 1026721 0 0 0 859755 1034040 1829382 2060761 910184 -41878 1647548 1623481 555920 573731 1091628 1049750 TO DEVELOP STUDENTS AS SELF-MOTIVATED, CONFIDENT, COMPETENT, LIFELONG LEARNERS TO SOLVE PROBLEMS, INNOVATE IDEAS AND PARTICIPATE IN A DIVERSE, GLOBAL SOCIETY. 0 0 1374942 586 PROVIDED A BALANCED APPROACH TO MODERN EDUCATION TO ENSURE THAT STUDENTS EXCEL IN ACADEMICS, LANGUAGE, CULTURAL EXCHANGE, SELF-DEVELOPMENT AND COMMUNITY BUILDING. PROVIDED A TUITION-FREE CHOICE FOR CHILDREN TO LEARN, ACHIEVE AND BE SUPPORTED AS FUTURE LEADERS IN SOCIETY. THE SCHOOL SERVED APPROXIMATELY 170 STUDENTS IN 2023-2024. 1374942 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 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 1 0 0 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 CA X X PADMINI SRINIVASAN 9494414500 1770 TUSTIN AVE COSTA MESA CA 92627 PADMINI SRINIVASAN EXECUTIVE DIRECTOR 40.00 X 115999 0 17508 JAD ALLAM PRESIDENT 2.00 X X 0 0 0 EMILY MAEKUBO TREASURER 1.00 X X 0 0 0 CARMEN BASU SECRETARY 1.00 X X 0 0 0 KIM HOPKO DIRECTOR 1.00 X 0 0 0 JESICAH ROLAPP DIRECTOR 1.00 X 0 0 0 115999 0 17508 1 0 0 0 0 1897560 22538 1920098 3533 3533 ADJUSTMENTS AND REFUND 900099 93889 93889 OTHER REVENUE 611110 777 777 FIELD TRIPS 900099 586 586 95252 2018883 586 0 98199 X 137248 68624 68624 770271 531191 239080 56505 50885 5620 62697 45190 17507 12988 12988 78604 78604 49327 49327 398376 323983 74393 1486 1486 20887 2947 17940 28540 28246 294 208535 208535 44 44 466 466 7300 7300 44771 44771 INSTRUCTIONAL MATERIALS 143660 112925 30735 OTHER EXPENSES 39056 2416 36640 2060761 1374942 685819 0 541759 546960 82750 42746 951652 944439 455 2149 17191 40746 72257 25816 53741 46441 1647548 1623481 141022 252121 164280 159913 6000 6000 244618 155697 555920 573731 X 1091628 1049750 1091628 1049750 1647548 1623481 -41878 0 X X 0 1 X 1 0 X 72257 25816 46441 46441 X 2018883 0 2018883 0 2018883 2060761 0 2060761 0 2060761 PART X, LINE 2: THE SCHOOL IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION (IRC) 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 SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS POLICY IN ITS REGISTRATION MATERIALS AND DOCUMENTS TO SOLICIT STUDENTS. SCHEDULE E, PART I, LINE 4 THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 ISSAC CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. PADMINI SRINIVASAN EXECUTIVE DIRECTOR GENERAL SCHOOL USE X 6000 6000 0 1 1 6000 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO 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 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 ORGANIZATION MAINTAINS A CONFLICT OF INTERESTS POLICY FOR BOARD MEMBERS, OFFICERS, AND EMPLOYEES. IN CONNECTION WITH ANY ACTUAL OR POTENTIAL CONFLICT OF INTERESTS, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF ANY OUTSIDE INTEREST, OUTSIDE ACTIVITY, AND FINANCIAL INTEREST TO THE BOARD OF DIRECTORS, OR THE BOARD COMMITTEE DELEGATED THE AUTHORITY TO RECEIVE SUCH DISCLOSURES. MONITORING IS PERFORMED REGULARLY BY THE BOARD OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. WHEN CONFLICTS OF INTEREST ARISE AMONG BOARD MEMBERS, THE BOARD WILL IMPOSE RESTRICTIONS ON THE CONFLICTED INDIVIDUAL TO ENSURE IMPARTIALITY AND INTEGRITY IN DECISION-MAKING. INDIVIDUALS WITH A CONFLICT WILL BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS RELATED TO THE TRANSACTION. THEY WILL NOT BE PRESENT DURING DISCUSSIONS AND VOTING RIGHTS WILL BE RESTRICTED ON MATTERS WHERE THEIR CONFLICT EXISTS. THESE MEASURES HELP MAINTAIN TRANSPARENCY AND PREVENT BIASED OUTCOMES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'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 DIRECTOR'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 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G FEES FOR SERVICES - OTHER: PROGRAM SERVICE EXPENSES 149,280. MANAGEMENT AND GENERAL EXPENSES 5,393. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 154,673. BUSINESS SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 69,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,000. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 174,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174,703. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.