2024-10-02T18:31:54-07:00 2023-12-31 262938649 Gavigan & Company 959 E Walnut Street Suite 250 Pasadena CA 91106 990 2023-01-01 371763937 TEXAS CHARTER SCHOOL DEVELOPMENT TEXA 2135424700 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 SCARLET SY CFO 2024-10-02 true true Brian A Neumann P01382154 6268447914 2023 2024-10-15 13:58:12Z JOHN SUN 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 1655471 false X N/A X 2014 CA TO SUPPORT PCSD'S MISSION TO PROVIDE LONG-TERM AFFORDABLE FACILITIES SOLUTIONS. 7 6 0 6 0 105000 0 1598821 728 56650 0 105728 1655471 2214070 3881882 0 0 0 0 15 64968 2214085 3946850 -2108357 -2291379 3000710 13394342 4000000 16685011 -999290 -3290669 TO SUPPORT PCSD'S MISSION TO PROVIDE LONG-TERM AFFORDABLE FACILITIES SOLUTIONS TO INCREASE THE AVAILABILITY OF HIGH QUALITY CHARTER SCHOOLS FOR UNDERSERVED STUDENTS. false false 3946850 3881882 1655471 PROVIDED LONG-TERM AFFORDABLE FACILITIES SOLUTIONS INCREASING THE AVAILABILITY OF HIGH QUALITY CHARTER SCHOOLS FOR UNDERSERVED STUDENTS. 3946850 true false false false false false false false false false true false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 1 0 true 0 false false false false false false false 0 false false false false false false false X 7 6 false false false false false false false true false false false true true true true false false false false false CA TX X CFO 2135424700 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 JOHN SUN President & CEO 10.00 30.00 X X 0 344010 32766 KAHLMUS EATMAN COO 6.00 34.00 X 0 212689 30684 SCARLET SY CFO 10.00 30.00 X 0 204567 23106 MERA BAKER RAMOS Secretary 10.00 30.00 X 0 154740 19695 ERIC JOHNSON Chairman 2.00 1.00 X 0 0 0 PAUL HABIBI Secretary 1.00 1.00 X 0 0 0 REGINALD H GILYARD Director 1.00 1.00 X 0 0 0 ELI KENNEDY Director 1.00 1.00 X 0 0 0 ERIC SUSSMAN Director 1.00 1.00 X 0 0 0 916006 106251 0 false true false GULLO COMMERCIAL 22787 NICHOL SAWMILL RD HOCKLEY TX 77447 CONSTRUCTION 1289929 1 0 INV LOSS ON NOTES REC. 900001 -47875 -47875 MGMT & CONSULTING FEES 541610 915000 915000 RENTAL INCOME 532000 731696 731696 1598821 56650 56650 0 0 0 0 0 0 0 0 1655471 1598821 56650 3881882 3881882 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51 51 0 0 0 0 0 0 0 0 54665 54665 0 Other Expenses 10252 10252 0 3946850 3946850 0 0 0 3000710 736025 0 165909 0 0 1739055 0 0 10307806 54665 10253141 0 0 0 0 500212 3000710 13394342 865151 4000000 9250000 6405423 164437 4000000 16685011 X -999290 -3290669 -999290 -3290669 3000710 13394342 -2291379 X X false true X true false X X X 1 PACIFIC CHARTER SCHOOL DEVELOPMENT 200696786 7 true 3881882 0 1 3881882 0 true false false false false false false false false false false false false false false true false 2046664 2046664 5284794 54665 5230129 2976348 2976348 10253141 PURCHASE OPTION DEPOSITS 25000 SECURITY DEPOSIT 139437 164437 X Part X : FIN48 Footnote TCSD IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXEMPT FROM CALIFORNIA INCOME TAXES UNDER THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. THE CALIFORNIA LLC SUBSIDIARIES QUALIFY AS TAX EXEMPT TITLE HOLDING COMPANIES UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701X. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED.THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE ORGANIZATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. 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. TCSD FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND TO THE STATES OF CALIFORNIA AND TEXAS. false PACIFIC CHARTER SCHOOL DEVELO 600 WILSHIRE BLVD STE 200 LOS ANGELES CA 90017 200696786 501(C)(3) 3881882 0 EDUCATION 1 0 false false false false false false false false false JOHN SUN President & CEO 294010 50000 10589 22177 376776 KAHLMUS EATMAN COO 202552 10137 8507 22177 243373 MERA BAKER RAMOS Secretary 145581 9159 6471 13224 174435 SCARLET SY CFO 194817 9750 8183 14923 227673 Part II, Compensation from Unrelated Organizations PCSD'S TOP MANAGEMENT, KEY EMPLOYEES AND OTHER OFFICERS HAVE ANNUAL COMPENSATION REVIEWS WHICH ARE THEN FOLLOWED BY A WRITTEN SUMMARY PREPARED BY THEIR DIRECT SUPERVISOR AND SHARED WITH EACH EMPLOYEE. THE BOARD OF PACIFIC CHARTER SCHOOL DEVELOPMENT APPROVES COMPENSATION FOR THESE INDIVIDUALS. Form 990, Part VI, Section A, Line 8b THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. Form 990, Part VI, Section B, Line 12c MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, THE BOARD OF DIRECTORS REVIEWS THE ISSUE TO DETERMINE THE APPROPRIATE REPONSE. IF A POTENTIAL CONFLICT OF INTEREST INVOLVES AN EMPLOYEE OTHER THAN THE PRESIDENT OR CEO, THE PRESIDENT AND CEO ARE RESPONSIBLE FOR REVIEWING THE MATTER, TAKING APPROPRIATE ACTION AND REPORTING THE MATTER TO THE BOARD CHAIR WITH THE RESULTS OF ANY ACTION TAKEN. IF A CONFLICT OF INTEREST ARISES BETWEEN TEXAS CHARTER SCHOOL DEVELOPMENT AND AN INTERESTED PARTY, THE ORGANIZATION SHALL REFRAIN FROM ACTING UNTIL SUCH A TIME AS A PROPOSED ACTION, POLICY OR TRANSACTION HAS BEEN APPROVED BY THE DISINTERESTED MEMBERS OF THE BOARD. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR TCSD 3420 ALAMEDA GENOA LLC 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 371763937 TITLE HOLDING TX 731696 11105224 TEXAS CHARTER SCHOOL DEVELOPMENT PACIFIC CHARTER SCHOOL DEVELOPMENT 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 200696786 EDUCATION CA 501(C)(3) LINE 7 N/A false WASHINGTON CHARTER SCHOOL DEVELOPMENT 600 WILSHIRE BLVD SUITE 200 LOS ANGELES CA 90017 471346473 EDUCATION CA 501(C)(3) LINE 7 PACIFIC CHARTER SCHOOL DEVELOPMENT false false true true false false false false false false false false false false true true false false false false PACIFIC CHARTER SCHOOL DEVELOPMENT b 8329827 CASH VALUE PACIFIC CHARTER SCHOOL DEVELOPMENT c 4447945 CASH VALUE