2026-05-11T13:54:13-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 134224216 COMMUNITY HIGH SCHOOL FOUNDATION INC COMM 6502579880 780 BROADWAY STREET REDWOOD CITY CA 94063 BRYCE FLEMING CFO 6502579889 2026-05-05 1 1 WADE MCMULLEN P00541671 9099857286 2026-04-29 2024 2025-03-06 01:10:19Z OLGA PULIDO-CROWE 780 BROADWAY STREET REDWOOD CITY CA 94063 3797801 0 X N/A X 2001 CA THE CHARITABLE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE OPERATIONS OF SUMMIT PUBLIC SCHOOLS. 3 3 0 3 0 0 1203217 -489207 2071465 4228404 -12556920 58604 1401353 0 -7880885 3797801 175000 170000 0 0 0 0 0 0 0 3650802 3935118 3825802 4105118 -11706687 -307317 31020152 34945586 22222750 26455501 8797402 8490085 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 4097893 170000 4228404 THE MARSHALL TEACHER RESIDENCY PROGRAM, OPERATED THROUGH THE SUMMIT INSTITUTE, SUPPORTS THE ORGANIZATION'S MISSION THROUGH FACILITIES-RELATED ACTIVITIES. IN ADDITION, THE FOUNDATION SUPPORTS EDUCATIONAL INITIATIVES THROUGH THE SLRT TUITION, WHICH IS A SUBSIDY FOR THE TEACHER RESIDENCY PROGRAM THAT PREPARE EDUCATORS TO SERVE PUBLIC SCHOOLS. FOR THE YEAR ENDED JUNE 30, 2025, THE ORGANIZATION LEASED THREE FACILITIES TO SUMMIT PUBLIC SCHOOLS TO FURTHER ITS MISSION. 4097893 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 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 137 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 BRYCE FLEMING 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 (LEFT FEB 2025) 1.00 40.00 X 0 260416 52782 BRYCE FLEMING CFO (JOINED FEB 2025) 1.00 40.00 X 0 0 0 0 260416 52782 0 0 1 0 0 -2635466 2146259 -489207 SLRT TUITION 611710 2992645 2992645 RENTAL INCOME 532000 1235759 1235759 4228404 58604 58604 3797801 4228404 0 58604 X 170000 170000 7225 7225 2085774 2085774 579468 579468 1 1 515681 515681 487053 487053 13335 13335 SCHOLARSHIP ACTIVITIES 227843 227843 DUES AND MEMBERSHIPS 9608 9608 PROF DEVELOPMENT 9130 9130 4105118 4097893 7225 0 3431882 8729987 1817546 1018231 1562 14423 17529661 3384418 14632296 14145243 11136866 11037702 31020152 34945586 967738 2664596 1965764 4713939 9103137 8939568 10186111 10137398 22222750 26455501 X 8797402 8490085 8797402 8490085 31020152 34945586 -307317 0 X X 0 1 X 1 0 X 85000 1203217 2146259 3434476 85000 1203217 2146259 3434476 243877 3190599 392 1217 66772 1494709 58604 1621694 5056170 15511393 0.63100 0.72950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12713143 2442826 10270317 4816518 941592 3874926 14145243 OPERATING RIGHT OF USE ASSET 8586996 DEFERRED RENT ASSET 2414206 LEASE SECURITY DEPOSITS 36500 11037702 OPERATING LEASE LIABILITY 10137398 10137398 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 SUMMIT PUBLIC SCHOOLS 780 BROADWAY ST REDWOOD CITY CA 94063 262034843 501(C)(3) 2635466 0 N/A N/A TEACHER SUBSIDIES 1 0 SCHOLARSHIPS 10 170000 N/A N/A PART I, LINE 2: THE ORGANIZATION UTILIZES PRE-GRANT DUE DILIGENCE TO ENSURE ELIGILITY OF RECIPIENTS, ENSURES THAT GRANT AGREEMENTS EXIST SO THAT PERMITTED USE OF FUNDS IS CLEARLY OUTLINED, AND HAS REPORTING AND QUALIFICATION REQUIREMENTS BOTH ON A MONTHLY AND ANNUAL BASIS. IN ADDITION, A SCHOLARSHIP COMMITTEE OR STAFF PERSON REVIEWS APPLICATIONS BASED ON ACADEMIC MERIT OR FINANCIAL NEED. 0 0 0 0 0 0 0 0 0 EDWARD LEE CFO (LEFT FEB 2025) 0 260416 0 0 0 0 0 52782 0 0 0 313198 0 0 PART I, LINE 3 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 0 0 A 6685000 13247369 31133087 1748990 568501 26549352 2266244 2018 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA SCHOOL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/17/2022 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 THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 OFFICERS, DIRECTORS, AND THE TRUSTEES ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICT OF INTERESTS. AN INTERESTED PERSON IS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. A PERSON HAS FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE CORPORATION HAS ENTERED INTO OR PURPOSES TO ENTER ANY TRANSACTION OR ARRANGEMENT; A COMPENSATION ARRANGEMENT WITH THE CORPORATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE CORPORATION HAS ENTERED INTO OR PROPOSES TO ENTER INTO ANY TRANSACTION OR ARRANGEMENT; OR A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE CORPORATION ENTERED INTO OR PROPOSES TO ENTER INTO ANY TRANSACTION OR ARRANGEMENT. A FINANCIAL INTEREST SHALL NOT INCLUDE: (1) THE COMPENSATION, TYPICALLY DIRECTOR AND OFFICER STIPENDS, PER MEETING FEES AND REIMBURSEMENT OF EXPENSES, OF A DIRECTOR AS A DIRECTOR OR OFFICER OF THE CORPORATION; (2) A TRANSACTION WHICH IS PART OF A PUBLIC OR CHARITABLE PROGRAM OF THE CORPORATION IF IT: (I) IS APPROVED OR AUTHORIZED BY THE CORPORATION IN GOOD FAITH AND WITHOUT UNJUSTIFIED FAVORITISM; AND (II) RESULTS IN A BENEFIT TO ONE OR MORE DIRECTORS OR THEIR FAMILIES BECAUSE THEY ARE IN THE CLASS OF PERSONS INTENDED TO BE BENEFITED BY THE PUBLIC OR CHARITABLE PROGRAM; OR (3) A TRANSACTION, OF WHICH THE INTERESTED DIRECTOR OR DIRECTORS HAVE NO ACTUAL KNOWLEDGE, AND WHICH DOES NOT EXCEED THE LESSER OF 1 PERCENT (1 % ) OF THE GROSS RECEIPTS OF THE CORPORATION FOR THE PRECEDING FISCAL YEAR OR ONE HUNDRED THOUSAND DOLLARS ($100,000). A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. UNDER ARTICLE III, SECTION 2, A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. THE BOARD REVIEWS ANY CONFLICTS PRESENTED BY INTERESTED PARTIES. THE CHAIRPERSON APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION IN QUESTION AND REPORT FINDINGS TO THE BOARD. ALTERNATIVES TO THE PROPOSED TRANSACTION ARE IDENTIFIED AND COMPARED TO THE PROPOSED TRANSACTION. THE BOARD VOTES ON THE MOST BENEFICIAL OPTION FOR THE ORGANIZATION. IF THE BOARD HAS REASON TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE THE POTENTIAL CONFLICT, THE BOARD WILL INVESTIGATE FURTHER AND IF NECESSARY, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. 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 2,085,369. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,085,369. BANK, PAYROLL, AND PROCESSING FEES: PROGRAM SERVICE EXPENSES 405. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 405. 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 0 0 COMMUNITY HIGH SCHOOL FOUNDATION 895 CAMPUS DRIVE LLC 780 BROADWAY ST REDWOOD CITY CA 94063 REAL ESTATE HOLDING CA 678807 15960704 COMMUNITY HIGH SCHOOL FOUNDATION EDFUTURE LLC 780 BROADWAY ST REDWOOD CITY CA 94063 REAL ESTATE HOLDING CA 615555 11671622 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 1 1 1 0 0 1 0