2024-03-22T20:19:59-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-07-01 262034843 SUMMIT PUBLIC SCHOOLS SUMM 6502579880 780 BROADWAY REDWOOD CITY CA 94063 CADY CHING CEO 6502579880 2024-03-19 1 CADY CHING 999009999 0 WADE MCMULLEN P00541671 6268577300 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CADY CHING 780 BROADWAY REDWOOD CITY CA 94063 62505480 0 X WWW.SUMMITPS.ORG X 2008 CA SUMMIT PUBLIC SCHOOLS (SPS) IS A NONPROFIT, CALIFORNIA PUBLIC BENEFIT CORPORATION, DESIGNED TO TRAIN, CONSULT AND ADVISE PUBLIC SCHOOL TEACHERS AND ADMINISTRATORS; TO SUPPORT, MANAGE, OPERATE, GUIDE, DIRECT AND PROMOTE PUBLIC CHARTER SCHOOLS (THE SCHOOLS); AND FOR OTHER CHARITABLE EDUCATIONAL PURPOSES AS MAY OCCUR FROM TIME TO TIME. SPS IS ECONOMICALLY DEPENDENT ON STATE AND FEDERAL FUNDING. THE CHARTERS MAY BE REVOKED BY THEIR AUTHORIZERS FOR MATERIAL VIOLATIONS OF THE CHARTER, FAILURE TO MEET PUPIL OUTCOMES IDENTIFIED IN THE CHARTER, FAILURE TO MEET GENERALLY ACCEPTED STANDARDS OF FISCAL MANAGEMENT, OR VIOLATION OF ANY PROVISION OF THE LAW. 6 6 488 200 0 0 60151978 58103993 2065262 2407580 133327 981509 0 1012398 62350567 62505480 0 0 0 0 39478974 40154591 0 0 335614 22420749 27405427 61899723 67560018 450844 -5054538 43434175 76020327 10646663 47747614 32787512 28272713 OPERATES COLLEGE PREPARATORY CALIFORNIA CHARTER SCHOOLS, AND PROGRAMS TO DEVELOP TEACHERS AND SCHOOL LEADERS TO ADDRESS THE CONTINUALLY EVOLVING NEEDS OF THE EDUCATIONAL ECOSYSTEM. 0 0 61919963 2407580 CHARTER SCHOOLS PROVIDING EDUCATIONAL OPPORTUNITIES TO THE SURROUNDING COMMUNITY. DURING THE YEAR ENDED JUNE 30, 2023, SUMMIT PUBLIC SCHOOLS OPERATED 7 CHARTER SCHOOLS AND SERVED APPROXIMATELY 2,895 STUDENTS, AND TEACHER AND LEADER TRAINING PROGRAMS TO RESPOND TO THE DIVERSE NEEDS OF COMMUNITIES IN THE CONTEXT OF CONTINUOUSLY EVOLVING EDUCATIONAL ECO-SYSTEMS. ALSO PROVIDES SCHOOL SERVICE SUPPORT TO SUMMIT PUBLIC SCHOOLS - WASHINGTON 61919963 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 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 1 1 0 0 1 80 0 1 488 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X EDWARD LEE 6502579880 780 BROADWAY REDWOOD CITY CA 94063 DIEGO ARAMBULA CHAIRMAN 1.00 X X 0 0 0 JIMMY ZUNIGA MEMBER 1.00 X 0 0 0 STEVEN HUMPHREYS MEMBER 1.00 X 0 0 0 ANDREW THOMPSON MEMBER 1.00 X 0 0 0 LIZZIE CHOI MEMBER 1.00 X 0 0 0 ROBERT OSTER MEMBER 1.00 X 0 0 0 DIANE TAVENNER CEO 40.00 2.00 X 469007 0 105001 EDWARD LEE CFO 40.00 2.00 X 228468 0 25547 CHRISTINE KELLY GARCIA CHIEF OF SCHOOLS 40.00 X 230188 0 57063 CAITLYN HERMAN CAO - LEARNING EXPERIENCE 40.00 X 211136 0 55043 FELIX LI COO 40.00 X 207400 0 42379 ADAM CARTER CHIEF ACADEMIC OFFICER 40.00 X 206892 0 40147 NNANNA OGBU CHIEF LEGAL OFFICER 40.00 X 198364 0 28329 1751455 0 353509 45 0 1 0 ADRIANA SAN MILLAN SCHOOL PSYCHOLOGY & S 305 VINEYARD TOWN CENTER 273 MORGAN HILL CA 95037 SPECIAL EDUCATION SERVICES 1309975 SWAN CLEANING SOLUTIONS 2589 EMMETT WAY EAST PALO ALTO CA 943031117 CLEANING SERVICES 587525 ANTONIO SAUNDERS LLC 297 EAST PACES FERRY UNIT 1411 ATLANTA GA 30305 EXPERIENCE CONSULTING 329268 LIBBY COLE CO ELEVATED PARTNERS LLC 35 LANCASTER COUNTY ROAD 11B HARVARD MA 01451 INVESTMENT ADVISORS 287600 COREY LAYNE CROUCH 1608 HOLLENBECK AVE APT 12 SUNNYVALE CA 94087 CONSULTING SERVICES 243495 10 52976218 5127775 58103993 SERVICE FEES 611710 2345525 2345525 FIELD TRIP REVENUE 611710 62055 62055 2407580 981509 981509 ADJUSTMENTS 900099 994447 994447 OTHER 900099 17951 17951 1012398 62505480 2407580 0 1993907 X 838834 610877 222155 5802 30825648 27856343 2705675 263630 4911111 4592536 292638 25937 3025358 2771886 237734 15738 553640 503201 46106 4333 363776 45666 318110 467865 467865 100456 100456 11545179 10981065 559151 4963 267830 262767 4846 217 132611 132611 4383148 4383148 244675 180375 53944 10356 2814976 2814976 486185 355481 130704 OTHER EXPENSES 4592975 4558034 32360 2581 INSTRUCTIONAL MATERIALS 2005751 1870997 132697 2057 67560018 61919963 5304441 335614 1535861 26059357 30669833 11006900 8597691 1322192 740923 7033241 5750880 4090336 1282361 955390 1050919 0 32142739 43434175 76020327 2993863 4147215 4377589 8696668 3275211 34903731 10646663 47747614 X 32019041 27611875 768471 660838 32787512 28272713 43434175 76020327 X -5054538 -18413 558152 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 768472 95529 203164 660837 1052090 -96700 186918 768472 905747 296343 150000 1052090 980553 53133 127939 905747 1008390 82663 110500 980553 1.00000 0 0 7033241 5750880 1282361 1282361 OPERATING RIGHT OF USE ASSETS 31953032 FINANCING RIGHT OF USE ASSETS 144707 LEASE DECURITY DEPOSITS 45000 32142739 OPERATING LEASE LIABILITY 34725867 FINANCING LEASE LIABILITY 159864 INTERCOMPANY PAYABLES 18000 34903731 X PART V, LINE 4: SUMMIT WILL USE THESE FUNDS TO SUPPORT THE LEARNING EXPERIENCE TEAM. PART X, LINE 2: SPS, SUMMIT PUBLIC SCHOOLS WASHINGTON (SUMMIT WA), AND COMMUNITY HIGH SCHOOL FOUNDATION (CHSF) ARE NONPROFIT ENTITIES EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE STATE TAXATION CODE. 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 ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ENTITIES FILE AN EXEMPT RETURNS AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STUDENTS ARE ADMITTED TO SUMMIT PUBLIC SCHOOLS BY ATTENDING EVENTS THAT ARE OPEN TO THE ENTIRE PUBLIC AND BY FILLING OUT AN APPLICATION AVAILABLE AT THESE EVENTS. STUDENTS WHO FILL OUT AN APPLICATION ARE SELECTED BASED ON AN ANNUAL LOTTERY. INFORMATION IS AVAILABLE TO THE GENERAL PUBLIC ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE CHARTERS RECEIVE A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL. ADDITIONALLY, THE CHARTERS ARE ELIGIBLE FOR LOCAL, STATE, FEDERAL PROGRAMS, AND CALIFORNIA LOTTERY FUNDS. X X 0 0 0 0 0 0 0 0 0 DIANE TAVENNER CEO 468647 0 0 0 360 0 0 0 105001 0 574008 0 0 0 CHRISTINE KELLY GARCIA CHIEF OF SCHOOLS 229828 0 0 0 360 0 0 0 57063 0 287251 0 0 0 CAITLYN HERMAN CAO - LEARNING EXPERIENCE 210776 0 0 0 360 0 0 0 55043 0 266179 0 0 0 EDWARD LEE CFO 228108 0 0 0 360 0 0 0 25547 0 254015 0 0 0 FELIX LI COO 207040 0 0 0 360 0 0 0 42379 0 249779 0 0 0 ADAM CARTER CHIEF ACADEMIC OFFICER 206432 0 0 0 460 0 0 0 40147 0 247039 0 0 0 NNANNA OGBU CHIEF LEGAL OFFICER 198004 0 0 0 360 0 0 0 28329 0 226693 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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 THE DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURNED 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 BOARD OF DIRECTORS MONITORS AND ENFORCES THE ADHERENCE TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATIONAL POLICY FOR ESTABLISHING OPERATING OFFICERS AND KEY MANAGEMENT EMPLOYEES WAGES ARE BASED ON THE STANDARD SALARIES IN THE INDUSTRY IN THE SAME GEOGRAPHICAL AREA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 5,462,817. MANAGEMENT AND GENERAL EXPENSES 39,790. FUNDRAISING EXPENSES 730. TOTAL EXPENSES 5,503,337. CONSULTANTS AND SERVICES: PROGRAM SERVICE EXPENSES 3,568,306. MANAGEMENT AND GENERAL EXPENSES 519,361. FUNDRAISING EXPENSES 4,233. TOTAL EXPENSES 4,091,900. SUBSTITUTES CONTRACTORS: PROGRAM SERVICE EXPENSES 1,949,942. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,949,942. FORM 990, PART XI, LINE 9: TRANSFER FROM COMMUNITY HIGH SCHOOL FOUNDATION 558,152. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. SUMMIT PUBLIC SCHOOLS WASHINGTON 780 BROADWAY ST REDWOOD CITY CA 94063 464118400 CHARTER HIGH SCHOOL WA 501C3 LINE 2 SUMMIT PUBLIC SCHOOLS 1 COMMUNITY HIGH SCHOOL FOUNDATION 780 BROADWAY ST REDWOOD CITY CA 94063 134224216 SUPPORTING FOUNDATION CA 501C3 LINE 7 SUMMIT PUBLIC SCHOOLS 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 COMMUNITY HIGH SCHOOL FOUNDATION K 1989835 CASH TRANSFERRED COMMUNITY HIGH SCHOOL FOUNDATION R 558152 CASH TRANSFERRED COMMUNITY HIGH SCHOOL FOUNDATION L 2345525 CASH TRANSFERRED