2024-05-02T08:49:13-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-07-01 472288700 NOVA ACADEMY CHILDRENS FOUNDATION INC NOVA 7145690948 500 W SANTA ANA BLVD SANTA ANA CA 92701 JILL MUCKENTHALER CFO 7145690948 2024-04-27 1 JILL MUCKENTHALER 999009999 0 WADE MCMULLEN P00541671 6268577300 2024-04-27 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z KARIN SCHAEFER 500 W SANTA ANA BLVD SANTA ANA CA 92701 1991606 0 X WWW.NOVA-ACADEMY.ORG X 2014 CA THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NOVA ACADEMY, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION OPERATING AS A CALIFORNIA PUBLIC CHARTER SCHOOL. 3 3 2 4 0 0 144655 714776 0 0 82 80 104006 170156 248743 885012 0 50000 0 0 140031 147174 0 0 107819 62998 162063 203029 359237 45714 525775 16886340 17060448 16583119 16231452 303221 828996 THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THEFUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF NOVA ACADEMY, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION OPERATING AS A CALIFORNIA PUBLIC CHARTER SCHOOL. 0 0 185641 50000 170156 ORGANIZATION RAISES FUNDS TO PROVIDE FINANCIAL SUPPORT AND OWNS AND PROVIDES THE RENTAL OF THE OPERATING FACILITY FOR NOVA ACADEMY'S BENEFIT AND THE EDUCATIONAL PROGRAM AND EDUCATIONAL ACTIVITIES OF NOVA ACADEMY, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION OPERATING AS A CALIFORNIA PUBLIC CHARTER SCHOOL. 185641 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 4 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 1 0 CA X KARIN SCHAEFER 7145690948 500 W SANTA ANA BLVD SANTA ANA CA 92701 X KYLIE SCHUYLER BOARD CHAIR TERM END 4/2023 4.00 X X 0 0 0 JILL MUCKENTHALER CFO 4.00 X X 0 0 0 NATALIE BATTERSBEE SECRETARY 2.00 X X 0 0 0 SANFORD OTSUJI PHD INTERIM BOARD CHAIR 2.00 X X 0 0 0 CARI GARFIELD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 714776 714776 80 80 1276750 1106594 170156 170156 170156 885012 170156 0 80 50000 50000 132008 47216 84792 1802 1802 3000 3000 10364 3707 6657 5500 5500 14548 2134 714 11700 554 494 60 1063 56 1007 563 563 681 256 425 3758 3758 STUDENT EDU. SUPPORT 98730 98730 OTHER EXPENSES 26176 24031 1967 178 STUDENT RECRUITMENT 10490 10490 359237 185641 65777 107819 210687 524228 1236892 1270613 368 384 16671957 1457867 15438377 15214090 0 51149 16886340 17060448 14081 5707 16569038 16225745 16583119 16231452 X 303221 828996 303221 828996 16886340 17060448 525775 0 X X 0 1 X 1 0 X X X 1 NOVA ACADEMY 320079174 2 1 50000 1017482 1 50000 1017482 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6: NOVA ACADEMY CHILDREN'S FOUNDATION, INC. BENEFITS NOVA ACADEMY BY MAINTAINING AND MANAGING RENTAL PROPERTY FOR THE USE OF NOVA ACADEMY, IT'S SUPPORTED ORGANIZATION WITH EXPENDITURES OF $881,841. ALSO PROGRAM OPERATING EXPENSES OF $185,641 WERE MADE FOR THE BENEFIT OF SUPPORTED ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6000000 6000000 10439497 1357133 9082364 232460 100734 131726 15214090 X PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT 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 ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE ORGANIZATION FILES AN EXEMPT RETURN WHEN APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 NOVA ACADEMY ECHS 500 W SANTA ANA BLVD SANTA ANA CA 92701 320079174 501(C)(3) 50000 0 TO OFFSET COSTS OF THE SPORTS COURT BUILD OUT AT THE SANTA ANA CAMPUS 1 PART I, LINE 2: OUTSIDE OF PREVIOUSLY DISCUSSED, APPROVED AND BUDGETED PROGRAM SUPPORT, DIRECT ASSISTANCE REQUESTS MUST BE SUPPORTED BY NEED AND QUOTES OF THE ANTICIPATED COSTS. THE INFORMATION IS PRESENTED TO THE BOARD, WHO REVIEWS, ASKS QUESTIONS AND DETERMINES APPROPRIATENESS, ETC. AFTER DISCUSSIONS, THE BOARD VOTES AND OUTCOME IS RECORDED IN THE MEETING MINUTES. AFTER FUNDS ARE EXPENDED, NOVA ACADEMY PROVIDES NACF INFO AS TO HOW THE FUNDS WERE SPENT. THIS INFO MAY INCLUDE PHOTOS, A VERBAL AND/OR WRITTEN REPORT AND/OR DETAILED RECORDS OF THE ACTUAL EXPENSES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 130486AY9 2016-11-15 18236119 CONSTRUCT NOVA ACADEMY EARLY COLLEGE HS-SANTA ANA 0 0 0 A 1475000 18236119 1199440 364722 16671957 2016 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A SUB COMMITTEE WITH AUHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANT. IT IS REVIEWED BY MANAGEMENT AND THEN FORWARDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST AFFIDAVIT IS SIGNED BY EACH OFFICER/DIRECTOR ANNUALLY, PER THE ORGANIZATION'S POLICY. NO CONFLICT OF INTEREST TRANSACTION OCCURRED BETWEEN THE ORGANIZATION AND ANY OF ITS OFFICERS OR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15B KEY EMPLOYEE'S PERFORMANCE AND COMPENSATION IS REVIEWED ANNUALLY AND FOLLOWS THE ESTABLISHED PROCESS OF THE ORGANIZATION'S COMPENSATION POLICY, WHICH IS AVAILABLE UPON REQUEST. ONLY A COLA WAS APPROVED IN THIS FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST FOR SPECIFIC INFORMATION, RELEVANT PUBLIC DOCUMENTS WILL BE PROVIDED TO REQUESTING PARTY. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE PRIOR YEAR NOVA ACADEMY FACILITIES LLC 500 W SANTA ANA BLVD SANTA ANA CA 92701 472288700 SUPPORT NOVA EARLY COLLEGE HIGH SCHOOL CA 1276830 16535852 NOVA ACADEMY CHILDREN'S FOUNDATION INC NOVA ACADEMY 500 W SANTA ANA BLVD SANTA ANA CA 92701 320079174 EDUCATION CA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 NOVA ACADEMY B 50000 FMV