2024-05-10T17:15:45-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2022-07-01 471720796 EXPLORE ACADEMY FOUNDATION EXPL 5053055300 5100 MASTHEAD ST NE ALBUQUERQUE NM 87109 JUSTIN BAIARDO PRESIDENT 5053055300 2024-05-10 1 JUSTIN BAIARDO 999009999 0 STEPHEN LIVINGSTON P00317845 5058428290 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JUSTIN BAIARDO 5100 MASTHEAD ST NE ALBUQUERQUE NM 87109 2554020 0 X WWW.EXPLORE.ACADEMY/ABQ X 2014 NM SEE SCHEDULE O. 3 0 0 2 0 0 0 0 1867493 2114688 0 439332 0 0 1867493 2554020 0 0 0 0 0 0 0 0 0 3247065 3025998 3247065 3025998 -1379572 -471978 34734818 34428362 38879278 39044800 -4144460 -4616438 TO SUPPORT THE MISSION AND ACTIVITIES OF EXPLORE ACADEMY CHARTER SCHOOL, A NEW MEXICO GOVERNMENTAL AUTHORIZED CHARTER SCHOOL. 0 0 3025998 0 2114688 ACQUIRE THE FACILITIES FOR THE EXPLORE ACADEMY CHARTER SCHOOL AND TO OBTAIN THE FINANCING FOR THIS ACQUISITION.THE FOUNDATION RENTS THESE FACILITIES TO THEIR SUPPORTED ORGANIZATION, EXPLORE ACADEMY CHARTER SCHOOL, FOR USE IN PROVIDING THE CHARTER SCHOOL'S TAX-EXEMPT EDUCATIONAL SERVICES. FROM THIS RENT, THE FOUNDATION PAYS THE FACILITY DEBT SERVICE AS WELL AS SOME OTHER EXPENSES. 3025998 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 X JUSTIN BAIARDO 5053055300 5100 MASTHEAD ST NE ALBUQUERQUE NM 87109 JUSTIN BAIARDO PRESIDENT/CHAIR 2.00 40.00 X X 0 121920 35175 MELANIE AVGERAKIS SECRETARY 1.00 0.00 X X 0 0 0 DANIELE KNEE TREASURER 1.00 0.00 X X 0 0 0 0 121920 35175 0 0 1 0 0 RENT-EXPLORE ACADEMY 531120 2114688 2114688 2114688 439332 439332 2554020 2114688 0 439332 2558541 2558541 462123 462123 REPAIRS AND MAINTENANCE 5334 5334 3025998 3025998 0 0 4441 4441 15363958 11553579 177024 24176948 1483630 19366419 22693318 34734818 34428362 295575 414987 36640000 36640000 1350000 1025000 593703 964813 38879278 39044800 X 0 0 0 0 -4144460 -4616438 -4144460 -4616438 34734818 34428362 -471978 0 X 0 1 X 0 0 X X X 1 EXPLORE ACADEMY CHARTER SCHOOL 463775591 6 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION, EXPLORE ACADEMY CHARTER SCHOOL, IS A NEW MEXICO PUBLIC SCHOOL UNDER THE NM CHARTER SCHOOL ACT AND, AS SUCH, IS A GOVERNMENTAL AGENCY NOT REQUIRED TO OBTAIN AN IRS DETERMINATION LETTER REGARDING ITS SEC. 501(C)(3) STATUS. 5143779 5143779 13863692 1483630 12380062 5169477 5169477 22693318 ACCRUED INTEREST 964813 964813 0 0 0 0 0 0 0 0 0 JUSTIN BAIARDO PRESIDENT/CHAIR 0 121920 0 0 0 0 0 11246 0 23929 0 157095 0 0 PART I, LINE 3 THE EMPLOYEE REPORTED IN SCH J IS EMPLOYED BY THE SUPPORTED ORGANIZATION AS DESCRIBED IN SCH A. THE SUPPORTED ORGANIZATION IS A STATE CHARTERED SCHOOL UNDER THE NM CHARTER SCHOOL ACT AND, AS SUCH, IS A NM GOVERNMENTAL AGENCY THAT IS REQUIRED TO COMPLY WITH THE REQUIREMENTS OF THE NM PERSONEL ACT AS IT RELATES TO COMPENSATION ARRANGEMENTS. A PUBLIC FINANCE AUTHORITY 273866124 74443DCL3 2018-05-10 9035000 EDUCATIONAL FACILITY REVENUE BONDS (EXPLORE ACADEMY PROJECT) SERIES 2018A 0 0 0 B PUBLIC FINANCE AUTHORITY 273866124 74443DFS5 2020-06-18 13515000 EDUCATIONAL FACILITY REVENUE BONDS (EXPLORE ACADEMY PROJECT) SERIES 2020A 0 0 0 C PUBLIC FINANANCE AUTHORITY 273866124 74443DHC8 2022-03-31 14090000 EDUCATIONAL FACILITY REVENUE BONDS (EXPLORE ACADEMY PROJECT) SERIES 2022A 0 0 0 A 9035000 667368 401210 179423 451500 7185499 150000 2018 0 0 1 1 B 13515000 1010551 755028 270299 11479122 2020 0 0 1 1 C 14090000 1102800 280284 11410000 1296916 2022 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/01/2023 FORM 990, PART I, LINE 1 PROVIDE FACILITIES AND OTHER SUPPORT TO EXPLORE ACADEMY CHARTER SCHOOL, A NEW MEXICO GOVERNMENTAL AUTHORIZED CHARTER SCHOOL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/BOARD CHAIR REVIEWS THE FORM 990 PRIOR TO FILING AS DOES THE FOUNDATION'S LEGAL COUNSEL. ONCE THESE REVIEWS ARE COMPLETED, THE OTHER BOARD MEMBERS RECEIVE A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS THEY MIGHT HAVE DURING BOARD MEETINGS. DISCLOSED CONFLICTS ARE THEN SUBJECTED TO THE PROCEDURES FOR ADDRESSING CONFLICTS OF INTEREST AS CONTAINED IN THE FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION IS CONSIDERED A COMPONENT UNIT OF THE GOVERNMENTAL CHARTER SCHOOL AND IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE NM PUBLIC EDUCATION DEPARTMENT. AS SUCH, THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. EXPLORE ACADEMY CHARTER SCHOOL 5100 MASTHEAD ST NE ALBUQUERQUE NM 87109 463775591 GOVERNMENTAL CHARTER SCHOOL NM 115 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1