2026-05-04T12:25:24-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 473943780 SCHOLARSHIP PREP CHARTER SCHOOL SCHO 7147953498 1010 W 17TH STREET SANTA ANA CA 92706 JASON WATTS EXECUTIVE DIRECTOR 7147953498 2026-05-01 1 1 MARLEN GOMEZ P01306775 9099857286 2026-05-01 2024 2025-03-06 01:10:19Z JASON WATTS 1010 W 17TH STREET SANTA ANA CA 92706 41067154 0 X HTTPS://SCHOLARSHIPSCHOOLS.ORG/ X 2015 CA TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS FOR ALL STUDENTS. 5 5 323 432 0 0 33987656 34420988 0 0 424060 573678 1727087 100 36138803 34994766 0 0 0 0 19612877 18780532 0 0 0 14844849 16130114 34457726 34910646 1681077 84120 62743534 63658013 50599329 51400353 12144205 12257660 TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS WHILE CLOSING THE ACHIEVEMENT GAP FOR ALL STUDENTS, INCLUDING FOSTER YOUTH AND THOSE UNDERSERVED. 0 0 27102094 0 0 OPERATING THREE PUBLIC CHARTER SCHOOLS SERVING ABOUT 1,662 STUDENTS FROM TK THROUGH 8TH GRADE FOR 179-180 INSTRUCTIONAL DAYS. 27102094 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 53 0 1 323 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 CA X JASON WATTS 7147953729 1010 W 17TH STREET SANTA ANA CA 92706 DR CHARLES FRIEDRICHS PRESIDENT 5.00 X X 0 0 0 JOHN ING TREASURER 3.00 X X 0 0 0 MARIBEL TOAN SECRETARY 3.00 X X 0 0 0 PETER WATSON DIRECTOR 3.00 X 0 0 0 BARBARA GEORGE DIRECTOR 3.00 X 0 0 0 JASON WATTS CO-FOUNDER & EXECUTIVE DIR 40.00 X 257930 0 57753 ANDREW CROWE DEPUTY DIRECTOR 40.00 X 239432 0 18022 KRISTEN D CROWE CHIEF COMMUNITY OFFICER 40.00 X 175563 0 7133 TAYLOR ELLIS CHIEF ACADEMIC OFFICER 40.00 X 181846 0 17296 SARAH SCHOENFELD-NAKAMOTO CHIEF OPERATIONS OFFICER 40.00 X 196157 0 38016 NICHOLAS SESSIONS PRINCIPAL 40.00 X 191365 0 4865 ALLISON VANN PRINCIPAL 40.00 X 175741 0 1552 DENISE ALLOTEY PRINCIPAL 40.00 X 161681 0 22849 MELISSA MEYER DIRECTOR OF CURRICULUM 40.00 X 156402 0 14213 ANARELY SEDANO DIRECTOR OF SPED 40.00 X 162850 0 0 1898967 0 181699 18 0 1 0 CHARTER IMPACT LLC 8500 BALBOA BLVD SUITE 140 NORTHRIDGE CA 91325 BACK OFFICE PROVIDER 747052 TOP NOTCH CATERING LLC 6190 FAIRMONT AVE SAN DIEGO CA 92120 FOOD SERVICES 695877 3 34185513 235475 34420988 381372 381372 6264694 6072388 192306 192306 192306 OTHER REVENUE 611110 100 100 100 34994766 0 0 573778 X 1043657 834926 208731 12809795 10630610 2179185 2694737 2318416 376321 1722712 1458510 264202 509631 421779 87852 845842 845842 176396 176396 94371 94371 3722672 3461264 261408 83421 83421 1293215 838728 454487 179995 149444 30551 2582473 2582473 102213 102213 2385651 2385651 1040583 932422 108161 248644 206494 42150 OTHER EXPENSES 2273233 2165623 107610 INSTRUCTIONAL MATERIAL 1101405 1101405 34910646 27102094 7808552 0 4521213 6003881 9132868 9218154 4270988 4519916 328346 388672 38330761 2933759 35129489 35397002 5052764 3964717 4307866 4165671 62743534 63658013 2172025 3252241 4796090 4945810 36760438 36955226 1290000 1095000 1251239 1349371 4329537 3802705 50599329 51400353 X 12108281 12221736 35924 35924 12144205 12257660 62743534 63658013 84120 29335 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7376000 7376000 29996889 2273323 27723566 11163 9018 2145 874927 651418 223509 71782 71782 35397002 OPERATING RIGHT-OF-USE ASSET 3766663 DEPOSITS 399008 4165671 OPERATING LEASE LIABILITY 3802705 3802705 X 35024101 29335 29335 34994766 0 34994766 34910646 0 34910646 0 34910646 PART X, LINE 2: THE SCHOOL IS A NON-PROFIT ENTITY 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; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL 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 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS ON THE SCHOOL'S WEBSITE ON THE ENROLLMENT PAGE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL WHICH OPERATES TUITION-FREE. THEREFORE, SCHOLARSHIPS AND FINANCIAL ASSISTANCE ARE NOT APPLICABLE. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FEDERAL AND STATE FUNDING PASSED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. X X X 0 0 0 0 0 0 0 0 0 JASON WATTS CO-FOUNDER & EXECUTIVE DIR 244330 0 13600 0 0 0 24525 0 33228 0 315683 0 0 0 ANDREW CROWE DEPUTY DIRECTOR 225832 0 13600 0 0 0 7397 0 10625 0 257454 0 0 0 SARAH SCHOENFELD-NAKAMOTO CHIEF OPERATIONS OFFICER 182557 0 13600 0 0 0 21032 0 16984 0 234173 0 0 0 TAYLOR ELLIS CHIEF ACADEMIC OFFICER 168175 0 13671 0 0 0 3600 0 13696 0 199142 0 0 0 NICHOLAS SESSIONS PRINCIPAL 167365 0 24000 0 0 0 4865 0 0 0 196230 0 0 0 DENISE ALLOTEY PRINCIPAL 145181 0 16500 0 0 0 3138 0 19711 0 184530 0 0 0 KRISTEN D CROWE CHIEF COMMUNITY OFFICER 161963 0 13600 0 0 0 398 0 6735 0 182696 0 0 0 ALLISON VANN PRINCIPAL 153467 0 22274 0 0 0 1552 0 0 0 177293 0 0 0 MELISSA MEYER DIRECTOR OF CURRICULUM 142756 0 13646 0 0 0 7729 0 6484 0 170615 0 0 0 ANARELY SEDANO DIRECTOR OF SPED 149250 0 13600 0 0 0 0 0 0 0 162850 0 0 0 A CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TKG4 2020-12-23 17745000 ACQUISITION, CONSTRUCTION, AND FURNISHING OF SCHOOL FACILITIES 0 0 0 B CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TTH3 2024-01-02 20483571 ACQUISITION, CONSTRUCTION, AND FURNISHING OF SCHOOL FACILITIES 0 0 0 A 17745000 1157842 857748 353947 12269609 3105854 0 0 1 1 B 20483571 407171 20076400 2024 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA SCHOOL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/13/2026 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE 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 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 ALL EMPLOYEES, OFFICERS, AND DIRECTORS ARE COVERED UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL DESIGNATED EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS, AS WELL AS WHEN THEY ARISE. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. 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 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 WITHIN DISCUSSION AND VOTING. ALL DELIBERATION AND DECISIONS ARE RECORDED IN MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 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. THE OFFICERS AND KEY EMPLOYEES' 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 OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. THE DISCUSSION AND COMPENSATION DECISION IS DOCUMENTED CONTEMPORANEOUSLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,285,149. MANAGEMENT AND GENERAL EXPENSES 261,408. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,546,557. OTHER EDUCATIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 2,176,115. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,176,115. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. SCHOLARSHIP PREP FACILITY HOLDINGS LLC 770 THE CITY DR S ORANGE CA 92868 473943780 FACILITIES CA 1194624 17286391 SCHOLARSHIP PREP CHARTER SCHOOL SCHOLARSHIP PREP FACILITY HOLDINGS #3 LLC 770 THE CITY DRIVE SOUTH ORANGE CA 92868 473943780 FACILITIES CA 1515860 21541275 SCHOLARSHIP PREP CHARTER SCHOOL SCHOLARSHIP PREP COMMUNITY FOUNDATION 770 S THE CITY DRIVE ORANGE CA 92868 922281597 EDUCATIONAL SUPPORT CA 501(C)(3) LINE 7 SCHOLARSHIP PREP CHARTER SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0