2026-05-13T11:33:39-05:00 2025-06-30 SARVAS COLEMAN & TOBIN PC 5050 NORTH 40TH STREET SUITE 310 PHOENIX AZ 85018 990 2024-07-01 383463353 AMERICAN CHARTER SCHOOLS FOUNDATION % GARY BAE AMER 6029534456 6150 NORTH 16th STREET SUITE A PHOENIX AZ 85016 GARY BAE PRESIDENT 6029534456 2026-05-08 true true TERRY B SARVAS CPA P00169965 6022411200 2024 2025-03-06 01:10:19Z GARY BAE 6150 NORTH 16th STREET STE A PHOENIX AZ 85016 50121792 false X HTTP://ACSFOUNDATION.ORG/ X 1998 MI IMPROVE THE PUBLIC SCHOOL SYSTEM BY CREATING A MORE COMPETITIVE ENVIRONMENT,PROVIDING PARENTS AND STUDENTS WITH THE FREEDOM OF CHOICE AND STRIVING FOR A HIGHER ACADEMIC STANDARD 5 5 2 0 51132453 48906918 0 0 577331 1025572 58211 189302 51767995 50121792 0 0 0 0 136080 170868 0 0 0 46455788 45089514 46591868 45260382 5176127 4861410 95286303 97697999 77071118 74621404 18215185 23076595 THE AMERICAN CHARTER SCHOOLS FOUNDATION MISSION IS TO PROMOTE CHOICE AND COMPETITION IN PUBLIC EDUCATION FOR ALL STUDENTS, INCLUDING THOSE WITH SPECIAL NEEDS, AND TO HELP THEM PURSUE THEIR INDIVIDUAL ACADEMIC GOALS. false false 35852069 48907793 EMPHASIZE ACADEMIC COURSE WORK DESIGNED TO ADDRESS EACH STUDENT'S INDIVIDUAL NEEDS AND INVOLVEMENT IN A LEARNING ENVIRONMENT THAT ENCOURAGES RESPECT, RESPONSIBILITY, CHOICE, SERVICE AND HIGH EXPECTATIONS. 35852069 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 84 0 true 2 true false false false false false false false false X 5 5 false true false false false false false true false false false true true true true true true true true false X GARY BAE 6029534456 6150 N 16TH STREET STE A PHOENIX AZ 85016 THEODORE FREDERICK SECRETARY 0.0 0.0 X X 136080 0 0 GARY BAE PRESIDENT 0.0 0.0 X X 34788 34788 0 GINA CONFLITTI BOARD CHAIR 0.0 0.0 X X 0 0 0 BENJAMIN BUCHANAN DIRECTOR 0.0 0.0 X 0 0 0 JESUS DE LA CRUZ DIRECTOR 0.0 0.0 X 0 0 0 170868 34788 0 1 false false false LEONA ARIZONA EMPLOYMENT GROUP LLC 6150 NORTH 16th STREET SUITE A PHOENIX AZ 85016 CONTRACTED SERVICES 22374982 LEONA ARIZONA MANAGEMENT LLC 6150 NORTH 16th STREET SUITE A PHOENIX AZ 85016 MANAGEMENT SERVICES 7109822 COMPASS EDVANTAGE LLC PO Box 750 JACKSON WY 83001 PROFESSIONAL DEVELOP 458000 BLUE WILLO CATERING 2926 N 24TH ST PHOENIX AZ 85016 CATERING 331587 MARGOS LANDSCAPING 2831 E Utopia Road PHOENIX AZ 85050 LANDSCAPING 134409 7 48413922 492996 48906918 0 1025572 1025572 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNREALIZED GAIN ON INVESTMENTS 188427 188427 OTHER REVENUE 875 875 189302 50121792 1214874 0 0 0 0 170868 170868 0 0 0 0 0 0 0 0 0 0 0 0 0 0 894887 751863 143024 0 977756 851888 125868 0 0 0 4216860 4216860 0 2473516 2473516 0 PURCHASED SERVICES 12056274 8422521 3633753 PERSONNEL 22020479 16973503 5046976 SUPPLIES & MATERIALS 1830570 1752006 78564 OTHER 619172 409912 209260 45260382 35852069 9408313 0 X 17819066 22039558 0 0 0 0 3618439 2627953 0 0 0 0 0 0 0 0 19230 37258 96849733 35161587 62387318 61688146 4937053 5125480 0 0 0 0 0 0 6505197 6179604 95286303 97697999 4786724 4039508 0 0 121143 1821 71772102 70325403 0 0 0 0 42719 0 0 0 348430 254672 77071118 74621404 X 18215185 23076595 0 0 18215185 23076595 95286303 97697999 4861410 X false true X false true true X 35351053 45956990 51313150 51132453 48906918 232660564 0 0 35351053 45956990 51313150 51132453 48906918 232660564 0 232660564 119034 119049 135995 577331 1025572 1976981 0 0 234637545 0.99157 0.99510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15097692 15097692 75498026 32348660 43149366 6254015 2812927 3441088 61688146 REFUNDABLE DEPOSITS 139071 RESTRICTED CASH 5716682 RIGHT OF USE ASSET - OPERATING 234715 CONSTRUCTION IN PROGRESS 89136 6179604 0 OPERATING LEASE LIABILITY 254672 254672 X 50121792 50121792 50121792 45260382 45260382 45260382 FIN48 Footnote ACSF and the Schools are exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 43-1201(4) of the Arizona Revised Statues. However, the Organization remains subject to income taxes on any net income that is derived from a trade or business, regularly carried on and not in furtherance of the purpose for which it was granted exemption. The Organization has adopted the provisions of FASB ASC 740-10 (formerly FIN 48, "Accounting for Uncertainty in Income Taxes"), which prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Organization's federal income tax returns are subject to examination by the Internal Revenue Service, generally for a period of three years after they were filed. In the event the Organization is assessed interest or penalties by major tax jurisdictions, it will be included in the provision for income taxes in the combined financial statements. A ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY 813526584 04052BAU8 2017-05-09 74366168 EDUCATION false false false B ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY 813526584 2020-10-13 6935727 EDUCATION false false false A 0 0 74366168 5323400 0 0 1837888 0 0 0 67204880 0 2017 true false true true B 0 0 6935727 228096 274926 0 364246 0 0 2414654 3653805 0 2021 false false true true A 0 B 0 A false true true false 0 false 0 false true B false true false false 0 false 0 false true A false B false Governing Body and Management - PART VI SECTION A LINES 8A AND 8B The Foundation documents all board meetings and does not have any committees. Policies - PART VI SECTION B LINE 12C Each year the board members declare any relationships that might result in conflicts of interest. The President of the Foundation monitors this to ensure that board members with possible conflicts of interest do not vote or make motions regarding areas of possible conflict. Governing Body and Management - PART VI SECTION B LINE 11A The governing board reviews a draft copy of the From 990 before it is finalized. Governing Body and Management - PART VI SECTION A LINE 3 The Foundation entered into a management agreement with Leona Arizona Management, LLC to provide essentially all the educational and operational services, management and employees necesary for the daily operation of the schools. Policies - PART VI SECTION B LINE 15A THE FOUNDATION'S COMPENSATION BOARD WILL PERIODICALLY ASSESS THE REASONABLENESS OF THE COMPENSATION THAT WILL BE PAID TO THE PRESIDENT AND SECRETARY AND THE RANGES OF COMPENSATION THAT WILL BE PAID TO ANY OTHER EXECUTIVES IN LIGHT OF THE EXECUTIVES' DUTIES, QUALIFICATIONS, AND TIME COMMITMENT. THE BOARD WILL PRESENT ITS RECOMMENDATIONS AND THE BASIS OF ITS RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS FOR ITS APPROVAL. TO HELP DETERMINE SALARY RANGES FOR EXECUTIVES THE BOARD WILL REVIEW COMPENSATION STUDIES, AS WELL AS REGIONAL COMPENSATION SURVEYS AND DIRECTOR COMPARISONS TO AT LEAST FIVE NON-PROFIT ORGANIZATIONS THAT ARE COMPARABLE IN SIZE, FUNCTION, AND GEOGRAPHICAL LOCATION TO THE FOUNDATION. Disclosure - PART VI SECTION C LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL INFORMATION ARE AVAILABLE UPON REQUEST. FINANCIAL INFORMATION FOR THE SCHOOLS IS AVAILABLE AT THE ARIZONA DEPARTMENT OF EDUCATION WEBSITE. KAIZEN EDUCATION FOUNDATION 6150 NORTH 16th STREET STE A PHOENIX AZ 85016 800197489 EDUCATION AZ 501(C)(3) 7 false false false false false false false false false false false false false false true true false false false false