2025-02-14T17:14:07-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 134224216 COMMUNITY HIGH SCHOOL FOUNDATION INC COMM 6502579880 780 BROADWAY STREET REDWOOD CITY CA 94063 EDWARD LEE CFO 6502579889 2025-02-14 1 1 MARLEN GOMEZ P01306775 6268577300 2025-02-14 2023 2025-03-06 01:10:19Z OLGA PULIDO-CROWE 780 BROADWAY STREET REDWOOD CITY CA 94063 17509391 0 X N/A X 2001 CA THE CHARITABLE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE OPERATIONS OF SUMMIT PUBLIC SCHOOLS. X 3 3 0 3 0 0 85000 1203217 1054897 2071465 66772 -12556920 1989837 1401353 3196506 -7880885 0 175000 0 0 0 0 0 0 0 3669101 3650802 3669101 3825802 -472595 -11706687 55804546 31020152 33532719 22222750 22271827 8797402 THE ORGANIZATION'S PRIMARY MISSION IS TO SUPPORT THE OPERATIONS OF ALL SCHOOLS WITHIN THE CHARTER MANAGEMENT ORGANIZATION OF SUMMIT PUBLIC SCHOOLS AND THE SUMMIT INSTITUTE. 0 0 3807622 175000 2071465 SUPPORT ACTIVITES RELATED TO FACILITIES. FOR THE YEAR ENDED JUNE 30, 2024 THE ORGANIZATION LEASED THREE FACILITIES TO SUMMIT PUBLIC SCHOOLS TO SUPPORT ITS MISSION. 3807622 1 1 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 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 86 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 CA X EDWARD LEE 6502579880 780 BROADWAY STREET REDWOOD CITY CA 94063 OLGA PULIDO-CROWE PRESIDENT 2.00 0.00 X X 0 0 0 CHRIS KANG SECRETARY 2.00 0.00 X X 0 0 0 ROBYN REISS MEMBER 2.00 0.00 X 0 0 0 EDWARD LEE CFO 1.00 40.00 X 0 218752 25011 0 218752 25011 0 0 1 0 0 1203217 1203217 SLTR TUITION 611710 2071465 2071465 2071465 93356 93356 1401353 0 1401353 1401353 1401353 12740000 25390276 -12650276 -12650276 -12650276 -7880885 3472818 0 -12556920 X 175000 175000 12290 12290 5890 5890 979258 979258 580974 580974 671088 671088 487053 487053 13291 13291 MISC. OPERATING EXPENSE 537928 537928 SCHOLARSHIP ACTIVITIES 352397 352397 DUES AND MEMBERSHIPS 10633 10633 3825802 3807622 18180 0 662667 3431882 1817244 1817546 18000 0 1562 1562 17529661 2897365 41591420 14632296 11713653 11136866 55804546 31020152 18000 967738 207763 1965764 23122923 9103137 10184033 10186111 33532719 22222750 X 22271827 8797402 22271827 8797402 55804546 31020152 X -11706687 -1767738 X X 0 1 X 1 0 X 3493240 85000 1203217 4781457 3493240 85000 1203217 4781457 45150 4736307 147946 392 1217 66772 1494709 1711036 6492493 13623956 0.72950 0.87650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12713143 2089607 10623536 4816518 807758 4008760 14632296 OPERATING RIGHT OF USE ASSET 8760985 DEFERRED RENT ASSET 2339381 LEASE SECURITY DEPOSITS 36500 11136866 OPERATING LEASE LIABILITY 10186111 10186111 X PART X, LINE 2: COMMUNITY HIGH SCHOOL FOUNDATION IS A NONPROFIT ENTITY 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 ENTITY IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ENTITY FILES AN EXEMPT RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 SCHOLARSHIPS 10 175000 0 0 0 0 0 0 0 0 0 EDWARD LEE CFO 0 218752 0 0 0 0 0 24382 0 629 0 243763 0 0 PART II SUMMIT PUBLIC SCHOOLS POLICY FOR ESTABLISHING OPERATING OFFICERS AND KEY MANAGEMENT EMPLOYEES WAGES ARE BASED ON THE STANDARD SALARIES IN THE INDUSTRY IN THE SAME GEOGRAPHICAL AREA. A CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TFT2 2017-10-17 31133087 SCHOOL FACILITIES 0 1 0 A 6520000 13247369 31133087 1748990 568501 26549352 2266244 2018 0 0 0 1 A 1 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 1 SALE OF 824 SAN ALESO, LLC PROPERTY 2023-08-28 15695991 BOOK VALUE 770259858 PACIFIC AUTISM CENTER FOR EDUCATION 1880 PRUNERIDGE AVENUE SANTA CLARA CA 95050 501(C)(3) 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A SUMMIT PUBLIC SCHOOLS CAN APPOINT THE BOARD OF DIRECTORS OF COMMUNITY HIGH SCHOOL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PRESENTED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND COMMENTS BEFORE THE FORM 990 WAS FILED. 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 C, LINE 19 ALL GOVERNING DOCUMENTS AND POLICY STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS AND SERVICES: PROGRAM SERVICE EXPENSES 979,258. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 979,258. FORM 990, PART XI, LINE 9: TRANSFER TO SUMMIT PUBLIC SCHOOLS -1,767,738. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 824 SAN ALESO LLC 780 BROADWAY ST REDWOOD CITY CA 94063 REAL ESTATE HOLDING CA -15497071 0 COMMUNITY HIGH SCHOOL FOUNDATION 895 CAMPUS DRIVE LLC 780 BROADWAY ST REDWOOD CITY CA 94063 REAL ESTATE HOLDING CA 656421 16340500 COMMUNITY HIGH SCHOOL FOUNDATION EDFUTURE LLC 780 BROADWAY ST REDWOOD CITY CA 94063 REAL ESTATE HOLDING CA 3878359 11808037 COMMUNITY HIGH SCHOOL FOUNDATION SUMMIT PUBLIC SCHOOLS 780 BROADWAY ST REDWOOD CITY CA 94063 262034843 CHARTER HIGH SCHOOLS 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 1 0 SUMMIT PUBLIC SCHOOLS J 1209130 FAIR VALUE SUMMIT PUBLIC SCHOOLS R 1767738 FAIR VALUE