2024-05-14T16:26:50-05:00 2023-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2022-07-01 463566533 BRIGHT STAR EDUCATION GROUP BRIG 3239549957 5101 SANTA MONICA BLVD STE 8 PMB 93 LOS ANGELES CA 90029 ELIJAH SUGAY CBO 3239549957 2024-05-14 1 ELIJAH SUGAY 999009999 0 CATHERINE L GRAY CPA P01294460 9094664410 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEAN INDOT 5101 SANTA MONICA BLVD STE 8 PMB 93 LOS ANGELES CA 90029 3050794 0 X WWW.BRIGHTSTARSCHOOLS.ORG X 2013 CA TO PROVIDE EDUCATIONAL FACILITIES FOR BRIGHT STAR SCHOOLS. 6 6 0 5 0 0 0 0 3687254 2885644 13691 165150 0 0 3700945 3050794 0 0 0 0 0 0 0 0 0 4763355 6005495 4763355 6005495 -1062410 -2954701 48594863 72669383 35480692 62509913 13114171 10159470 X THE MISSION OF THE ORGANIZATION IS TO PROMOTE, SUPPORT, BENEFIT, REPLICATE, AND CARRY OUT THE PURPOSE OF AND SERVE AS THE FACILITY DEVELOPMENT ENTITY FOR BRIGHT STAR SCHOOLS ( A NONPROFIT PUBLIC BENEFITS CORPORATION THAT OPERATES CALIFORNIA PUBLIC CHARTER SCHOOLS) AND SUCH OTHER PUBLIC CHARTER SCHOOLS AS MAY BE ESTABLISHED TO PROVIDE PUBLIC EDUCATION BASED ON EDUCATIONAL AND TEACHING CONCEPTS, METHOD, MODELS, TECHNIQUES, SYSTEMS, AND MATERIALS OF BRIGHT STAR SCHOOLS OR THIS CORPORATION." 0 0 3226609 2885644 BRIGHT STAR EDUCATION GROUP IS A NON-PROFIT ORGANIZATION THAT PROVIDES EDUCATIONAL FACILITIES FOR BRIGHT STAR SCHOOLS. 3226609 1 0 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 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X ZEBIB HABTE 3239549957 5101 SANTA MONICA BLVD STE 8 PMB 93 LOS ANGELES CA 90029 X X CHRISTIE RICE BOARD CHAIR 2.00 X X 0 0 0 DEAN INDOT MEMBER 2.00 X 0 0 0 SCOTT LAYFIELD MEMBER 2.00 X 0 0 0 JAMES MIN MEMBER 2.00 X 0 0 0 MICHAEL SOLOMON MEMBER 2.00 X 0 0 0 HRAG HAMALIAN CHIEF EXECUTIVE OFFICER 2.00 40.00 X 0 311806 9190 0 311806 9190 0 0 1 0 0 FACILITY FEES 531390 2885644 2885644 2885644 165150 165150 3050794 2885644 0 165150 X 815631 815631 2410978 2410978 1714 1714 1379502 1379502 1350308 1350308 47362 47362 6005495 3226609 2778886 0 8935282 7177879 27527 172068 993461 41584298 4780765 38153841 36803533 484752 28515903 48594863 72669383 2135 13578 3246455 1896882 29737554 28659655 2494548 31939798 35480692 62509913 X 13114171 10159470 13114171 10159470 48594863 72669383 -2954701 0 X 0 1 X 1 0 X 4969 4969 4969 4969 4969 34950 73435 9204 13691 165150 296430 51341 51341 352740 13336340 0.01410 0.53390 X 1203337 1203337 40380961 4780765 35600196 36803533 SECURITY DEPOSIT 484752 OPERATING LEASE RIGHT-OF-USE ASSET 28031151 28515903 DUE TO BRIGHT STAR SCHOOLS 666279 OPERATING LEASE LIABILITY 31273519 31939798 X 3050794 0 3050794 0 3050794 6005495 0 6005495 0 6005495 PART X, LINE 2: MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. 0 0 0 0 0 0 0 0 0 HRAG HAMALIAN CHIEF EXECUTIVE OFFICER 0 251806 0 60000 0 0 0 0 0 9190 0 320996 0 0 A CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TGF1 2017-12-21 26262365 CONSTRUCT VAHS AND SMCA SCHOOL FACILITIES 0 0 0 B CALIFORNIA SCHOOL FINANCE AUTHORITY 680280917 13058TNV8 2021-12-03 6668215 EDUCATIONAL FACILITIES 0 0 0 A 1305000 26262365 1800035 489300 23973030 0 0 1 1 B 390000 6668215 113921 6554293 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 1 0 B 1 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM IS REVIEWED AND APPROVED BY THE FINANCE COMMITTE AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL UPDATE OF DISCLOSURE IS REQUIRED. THE ORGANIZATION HAS A STRICT POLICY AGAINST RELATED PARTY TRANSACTIONS. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF/HERSELF FROM ALL DISCUSSION AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, 990, AND CONFLICT OF INTEREST POLICY FOR BRIGHT STAR EDUCATION GROUP ARE MADE AVAILABLE THROUGH THE WEBSITE, AS WELL AS AVAILABLE UPON REQUEST AT ANY OF THE SCHOOL LOCATIONS. FORM 990 PART VII SECTION A COLUMN F THE ORGANIZATION PARTICIPATES IN THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF CALIFORNIA AND STATE TEACHERS RETIREMENT SYSTEM, DEFINED BENEFIT PLANS, DUE TO THE SIZE AND VARIED PARTICIPANTS IN THIS PLAN THE ACTUARIAL VALUE IS NOT CALCULATED ON A PER EMPLOYEE BASIS. NO AMOUNT IS INCLUDED IN COLUMN F FOR A REASONABLE ESTIMATE OF THE INCREASE IN ACTUARIAL VALUE. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 815,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 815,631. BSDG 600 LA FAYETTE LLC 600 S LAFAYETTE PARK PLACE SUITE 30 LOS ANGELES CA 90057 463566533 PROPERTY HOLDING CA 1264873 21927443 BRIGHT STAR EDUCATION GROUP BSDG 4115 MLK LLC 2636 S MANSFIELD AVE LOS ANGELES CA 90016 463566533 PROPERTY HOLDING CA 908596 45702291 BRIGHT STAR EDUCATION GROUP BRIGHT STAR DEVELOPMENT GROUP-9334 LEMONA LLC 600 S LAFAYETTE PARK PLACE SUITE 30 LOS ANGELES CA 90016 463566533 PROPERTY HOLDING CA 858556 0 BRIGHT STAR EDUCATION GROUP BRIGHT STAR SCHOOLS 2636 S MANSFIELD AVE LOS ANGELES CA 90016 550806673 CHARTER SCHOOL CA 501(C)(3) LINE 2 BRIGHT STAR EDUCATION GROUP 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 BRIGHT STAR SCHOOLS S BOOK VALUE BRIGHT STAR SCHOOLS J ACTUAL AMOUNT