2023-12-13T19:03:40-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 1925 CENTURY PARK E 16TH FLOOR LOS ANGELES CA 90067 990 2022-07-01 952654647 ECHO FOUNDATION ECHO 3108382442 3430 MCMANUS AVE CULVER CITY CA 90230 MARGARET F PROCTER HEAD OF SCHOOL 3108382442 2023-12-05 1 MARGARET PROCTER 999009999 0 TAYIIKA M DENNIS CPA P01575149 3102732501 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARGARET F PROCTER 3430 MCMANUS AVE CULVER CITY CA 90230 7565688 0 X WWW.ECHOHORIZON.ORG X 1970 CA ELEMENTARY SCHOOL EDUCATION 17 17 75 67 0 0 614517 624501 6536305 6693144 81499 114162 -19312 49169 7213009 7480976 1149477 928230 0 0 4842599 5054857 0 0 240609 2104464 2186401 8096540 8169488 -883531 -688512 8669107 12404944 1490528 5677698 7178579 6727246 X THE MISSION OF ECHO HORIZON SCHOOL AND ITS ECHO CENTER IS TO EDUCATE CHILDREN IN A COLLABORATIVE ENVIRONMENT THAT IS ACADEMICALLY CHALLENGING AND DEVELOPMENTALLY APPROPRIATE. WE ACTIVELY PROMOTE MUTUAL RESPECT, INDIVIDUAL RESPONSIBILITY, AND ETHICAL ACTION. THE ECHO HORIZON GRADUATE IS AN INQUISITIVE AND CRITICAL THINKER WHO BRINGS CREATIVITY, KINDNESS AND SELF-RELIANCE TO THE LIFE-LONG JOURNEY OF LEARNING. 0 0 5415581 928230 6827025 ECHO FOUNDATION (THE ORGANIZATION) IS A NONPROFIT CORPORATION INCORPORATED IN THE STATE OF CALIFORNIA. THE ORGANIZATION WAS FOUNDED IN 1970. THE ORGANIZATION OPERATES THE ECHO HORIZON SCHOOL FOR GRADES PRE-KINDERGARTEN THROUGH SIXTH IN CULVER CITY, CALIFORNIA. ECHO SERVICED 181 STUDENTS DURING FY 22/23. 5415581 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 75 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SAUNDRA SPARKS CFO 3108382442 3430 MCMANUS AVE CULVER CITY CA 90230 PETER SCOTT CHAIR 1.00 X X 0 0 0 KEN NAKAYAMA VICE CHAIR 1.00 X X 0 0 0 JOSH OPPENHEIMER VICE PRESIDENT 1.00 X X 0 0 0 ZIAD TOUBASSY VICE PRESIDENT 1.00 X X 0 0 0 SHARON TAL YGUADO VICE PRESIDENT 1.00 X X 0 0 0 JASON KAPLAN TREASURER 1.00 X X 0 0 0 GILLIAN NALIBOTSKY SECRETARY 1.00 X X 0 0 0 DAWN BARRETT TRUSTEE 1.00 X 0 0 0 ANNE ENNA TRUSTEE 1.00 X 0 0 0 TOM CHANG TRUSTEE 1.00 X 0 0 0 BRUNO LAMBERTINI TRUSTEE 1.00 X 0 0 0 ERIC LORENZINI TRUSTEE 1.00 X 0 0 0 MARIA PATHRIA TRUSTEE 1.00 X 0 0 0 JEENA QUANSAH TRUSTEE 1.00 X 0 0 0 JOHN ROBERTS TRUSTEE 1.00 X 0 0 0 DAVID STONE TRUSTEE 1.00 X 0 0 0 ROBERT THUN TRUSTEE 1.00 X 0 0 0 MARGARET PROCTER HEAD OF SCHOOL 40.00 X 329860 0 19917 SAUNDRA SPARKS CFO 40.00 X 164294 0 23827 SAMUEL PATTERSON STEAM COORDINATOR 40.00 X 130284 0 13408 JENNIE WILLENS DIRECTOR OF LOWER ELEMENTA 40.00 X 111359 0 10397 FRANCISCO FELIX DIRECTOR OF TECHNOLOGY 40.00 X 106945 0 4102 MEGAN BALTAZAR DIRECTOR OF TEACHING & LEARNING 40.00 X 104064 0 12065 946806 0 83716 6 0 1 0 0 132253 492248 624501 TUITION AND FEES 900099 6404344 6404344 EXTENDED DAY CARE 900099 263249 263249 PARENT ASSOCIATION DUE 900099 25069 25069 TRANSPORTATION INCOME 900099 482 482 6693144 114162 114162 17134 -17134 -17134 -17134 0 132253 67578 -67578 -67578 MISCELLANEOUS REVENUE 900099 133881 133881 133881 7480976 6827025 0 29450 928230 928230 551062 144346 334544 72172 3731400 2670097 984753 76550 132667 96629 32835 3203 340377 233914 96183 10280 299351 170393 122750 6208 51934 51934 30021 30021 207192 155810 51382 123994 123994 101576 12251 89325 212267 136224 69333 6710 570548 376562 176870 17116 34328 29764 4564 134148 134148 91577 91577 REPAIRS/MAINTENANCE 287276 189602 89056 8618 SPECIAL STUDENT ACTIVIT 116159 116159 EDUCATIONAL MATERIALS 106790 106790 STAFF DEVELOPMENT 78839 48810 30029 39752 39752 8169488 5415581 2513298 240609 388211 513796 2056645 1939277 109102 101972 10001 10001 112704 130865 9037679 6122431 3032731 2915248 2959713 3119900 0 3673885 8669107 12404944 596219 677475 894309 1259060 0 3741163 1490528 5677698 X 7040477 6561392 138102 165854 7178579 6727246 8669107 12404944 -688512 237179 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70190 70190 70190 70190 70190 70190 70190 70190 70190 70190 1.00000 0 0 878154 878154 7351382 5344315 2007067 644602 627172 17430 163541 150944 12597 2915248 OPERATING ROU ASSET 3604668 FINANCING ROU ASSET 69217 3673885 OPERATING LEASE LIABILITY 3681311 FINANCING LEASE LIABILITY 59852 3741163 X 6874637 237179 84712 321891 6552746 928230 928230 7480976 7325970 84712 84712 7241258 928230 928230 8169488 PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT OF THE ORGANIZATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY DIRECT EXPENSES 17,134. SPECIAL EVENT 67,578. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP SUPPORT NETTED AGAINST TUITION 928,230. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY DIRECT EXPENSES 17,134. SPECIAL EVENT 67,578. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP SUPPORT NETTED AGAINST TUITION 928,230. EXPLANATION FOR PART XI AND XII ON THE AUDITED FINANCIAL STATEMENTS, THE SCHOLARSHIP SUPPORT OF $928,230 IS NETTED AGAINST TOTAL TUITION RECEIVED. ON THE 990, THE SCHOLARSHIP SUPPORT IS PRESENTED AS ASSISTANCE TO INDIVIDUALS. DIRECT EXPENSES FOR RENT PROPERTY OF $17,134 OF DIRECT EXPENSES ARE NETTED AGAINST RENTAL PROPERTY INCOME ON THE TAX RETURN. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER SPRING AFFAIRE 132253 132253 67578 132253 132253 67578 67578 -67578 0 TUITION ASSISTANCE 61 928230 SCHOOL PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO CERTAIN INDIVIDUALS X X X X X 0 0 0 0 0 0 0 0 0 MARGARET PROCTER HEAD OF SCHOOL 329860 0 0 0 0 0 10029 0 9888 0 349777 0 0 0 SAUNDRA SPARKS CFO 164294 0 0 0 0 0 10351 0 13476 0 188121 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A FORMAL AUDIT COMMITTEE MEETING IS HELD TO REVIEW AND APPROVE THE 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON MUST REPORT ANY CONFLICT OF INTEREST IN WHICH SUCH PERSON IS OR MAY BE INVOLVED WITH THE CHAIR, IF A TRUSTEE, OR THE HEAD OF SCHOOL, IF AN EMPLOYEE. THE CHAIR OR HEAD OF SCHOOL WILL DETERMINE HOW THE CONFLICT WILL BE RESOLVED. ON AN ANNUAL BASIS, THE HEAD OF SCHOOL WILL PROVIDE THE EXECUTIVE COMMITTEE WITH A LIST OF EMPLOYEES WHO HAVE RECEIVED GIFTS THAT EXCEED $100. ANY TRUSTEE, ADMINISTRATOR, EMPLOYEE, OR OTHER REPRESENTATIVE WHO DISCOVERS ANY BREACH OF THIS POLICY MUST IMMEDIATELY ADVISE THE CHAIR (FOR TRUSTEES) OR THE HEAD OF SCHOOL (FOR EMPLOYEES) OF ALL PERTINENT DETAILS. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEES AND TOP MANAGEMENT RECEIVE ANNUAL PERFORMANCE REVIEWS. COMPENSATION IS DETERMINED USING COMPARABLE SALARY INFORMATION, SUCH AS SALARY SURVEYS AND IRS FORMS 990 FROM SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION PERTAINING TO OUR ORGANIZATION WILL BE PROVIDED UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 2C: THE BOARD OF TRUSTEES MEET FORMALLY TO REVIEW THE AUDITED FINANCIAL STATEMENTS AND APPROVE THE FINAL ISSUANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.