2025-02-26T15:20:26-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 1925 CENTURY PARK E 16TH FLOOR LOS ANGELES CA 90067 990 2023-07-01 952654647 ECHO FOUNDATION ECHO 3108382442 3430 MCMANUS AVE CULVER CITY CA 90230 MARGARET F PROCTER HEAD OF SCHOOL 3108382442 2025-02-26 1 1 KAREN LO P02141262 3102732501 2023 2025-03-06 01:10:19Z MARGARET F PROCTER 3430 MCMANUS AVE CULVER CITY CA 90230 11053162 0 X WWW.ECHOHORIZON.ORG X 1970 CA ELEMENTARY SCHOOL EDUCATION 17 17 76 75 0 0 624501 1481199 6693144 7317995 114162 321705 49169 116695 7480976 9237594 928230 916473 0 0 5054857 5270821 0 0 229353 2186401 2443975 8169488 8631269 -688512 606325 12404944 13133318 5677698 5399193 6727246 7734125 X THE MISSION OF ECHO HORIZON SCHOOL AND ITS ECHO CENTER IS TO EDUCATE CHILDREN IN A COLLABORATIVE ENVIRONMENT THAT IS ACADEMICALLY CHALLENGING AND DEVELOPMENTALLY APPROPRIATE. WE ACTIVELY PROMOTE MUTUAL RESPECT, INDIVIDUAL RESPONSIBILITY, AND ETHICAL ACTION. THE ECHO HORIZON GRADUATE IS AN INQUISITIVE AND CRITICAL THINKER WHO BRINGS CREATIVITY, KINDNESS AND SELF-RELIANCE TO THE LIFE-LONG JOURNEY OF LEARNING. 0 0 5312326 916473 7317995 ECHO FOUNDATION (THE ORGANIZATION) IS A NONPROFIT CORPORATION INCORPORATED IN THE STATE OF CALIFORNIA. THE ORGANIZATION WAS FOUNDED IN 1970. THE ORGANIZATION OPERATES THE ECHO HORIZON SCHOOL FOR GRADES PRE-KINDERGARTEN THROUGH SIXTH IN CULVER CITY, CALIFORNIA. ECHO SERVICED 183 STUDENTS DURING FY 23/24. 5312326 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 76 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X DOUG GARDNER CFO 3108382442 3430 MCMANUS AVE CULVER CITY CA 90230 PETER SCOTT CHAIR 1.00 X X 0 0 0 KEN NAKAYAMA VICE CHAIR 1.00 X X 0 0 0 JOSH OPPENHEIMER VICE PRESIDENT 1.00 X X 0 0 0 ZIAD TOUBASSY VICE CHAIR 1.00 X X 0 0 0 SHARON TAL YGUADO VICE PRESIDENT 1.00 X X 0 0 0 JASON KAPLAN TREASURER 1.00 X X 0 0 0 ANNE ENNA SECRETARY 1.00 X X 0 0 0 DAWN BARRETT TRUSTEE 1.00 X 0 0 0 GILLIAN NALIBOTSKY TRUSTEE 1.00 X 0 0 0 TOM CHANG TRUSTEE 1.00 X 0 0 0 ANDRE JAMES TRUSTEE 1.00 X 0 0 0 MICHELLE MARTINEZ TRUSTEE 1.00 X 0 0 0 MARIA PATHRIA TRUSTEE 1.00 X 0 0 0 JEENA QUANSAH TRUSTEE 1.00 X 0 0 0 JOHN ROBERTS TRUSTEE 1.00 X 0 0 0 DAVID STONE TRUSTEE 1.00 X 0 0 0 MATT SEGAL TRUSTEE 1.00 X 0 0 0 MARGARET PROCTER HEAD OF SCHOOL 40.00 X 351881 0 25517 SAUNDRA SPARKS CFO 40.00 X 162199 0 26333 SAMUEL PATTERSON STEAM COORDINATOR 40.00 X 140339 0 16482 JENNIE WILLENS DIRECTOR OF LOWER ELEMENTA 40.00 X 121699 0 11576 MEGAN BALTAZAR DIRECTOR OF TEACHING & LEA 40.00 X 116253 0 13605 DAVIS RASHAAN DIRECTOR OF ADMISSIONS AND COMMUNITY ENGAGEMENT 40.00 X 103350 0 3421 BLOUNT JULIA DIRECTOR OF UPPER ELEMENTARY 40.00 X 102189 0 3917 1097910 0 100851 8 0 1 0 0 116556 767043 597600 1481199 TUITION AND FEES 900099 6989421 6989421 EXTENDED DAY CARE 900099 297715 297715 PARENT ASSOCIATION DUES 900099 30859 30859 7317995 180703 180703 1855585 1714583 141002 141002 141002 52013 116556 100985 -48972 -48972 MISCELLANEOUS REVENUE 900099 165667 165667 165667 9237594 7483662 0 272733 916473 916473 610080 157804 373374 78902 3819051 2576225 1171714 71112 157191 98280 56675 2236 373600 223586 147646 2368 310899 163267 143197 4435 21524 21524 37415 37415 13347 13347 341516 120043 221473 145637 145637 61951 245 61706 189914 118199 65300 6415 562334 349985 193354 18995 35687 29912 5775 130253 130253 126122 126122 REPAIRS/MAINTENANCE 243286 151416 83652 8218 SPECIAL STUDENT ACTIVIT 172846 172846 EDUCATIONAL MATERIALS 126761 126761 STAFF DEVELOPMENT 125932 95596 30336 109450 11688 61090 36672 8631269 5312326 3089590 229353 513796 519491 1939277 1558750 10001 0 101972 93788 130865 200595 9130538 6229612 2915248 2900926 3119900 4566465 3673885 3293303 12404944 13133318 677475 609626 1259060 1378125 3741163 3411442 5677698 5399193 X 6561392 7576821 165854 157304 6727246 7734125 12404944 13133318 606325 400554 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70190 70190 70190 70190 70190 70190 70190 70190 70190 70190 1.00000 0 0 878154 878154 7397293 5440390 1956903 691550 636154 55396 163541 153068 10473 2900926 OPERATING ROU ASSET 3247158 FINANCING ROU ASSET 46145 3293303 OPERATING LEASE LIABILITY 3385162 FINANCING LEASE LIABILITY 26280 3411442 X 8809313 400554 100985 501539 8307774 13347 916473 929820 9237594 7802434 100985 100985 7701449 13347 916473 929820 8631269 PART V, LINE 4: INCOME ON ENDOWMENT FUNDS IS TO SUPPORT SCHOLARSHIPS FOR ECHO CENTER STUDENTS. PART X, LINE 2: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT OF THE ORGANIZATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT 100,985. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP SUPPORT NETTED AGAINST TUITION 916,473. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT 100,985. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP SUPPORT NETTED AGAINST TUITION 916,473. EXPLANATION FOR PART XI AND XII ON THE AUDITED FINANCIAL STATEMENTS, TUITION ASSISTANCE SUPPORT OF $916,473 IS NETTED AGAINST TOTAL TUITION RECEIVED. ON THE 990, THE SCHOLARSHIP SUPPORT IS PRESENTED AS ASSISTANCE TO INDIVIDUALS. DIRECT EXPENSES FOR INVESTMENT MANAGEMENT FEES OF $17,134 ARE NETTED AGAINST INVESTMENT INCOME IN THE AUDITED FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NEWSPAPER SCHEDULE E, PART I, LINE 6 DURING THE YEAR ENDED JUNE 30, 2024, THE SCHOOL RECEIVED EMPLOYEE RETENTION TAX CREDIT TOTALED $767,043. SPRING AFFAIRE 168569 116556 52013 100985 168569 116556 52013 100985 100985 -48972 1 TUITION ASSISTANCE 59 916473 PART I, LINE 2: ALL TUITION ASSISTANCE AWARDS ARE REVIEWED ON AT LEAST AN ANNUAL BASIS, AND THE ACCOUNTS FOR ALL STUDENTS ON TUITION ASSISTANCE ARE UPDATED AS DETERMINED BY THE TUITION ASSISTANCE COMMITTEE. IN ADDITION, ALL SUCH ACCOUNTS ARE REVIEWED REGULARLY FOR PAYMENT TIMELINESS AND POTENTIAL DELINQUENCY. X X X X X 0 0 0 0 0 0 0 0 0 MARGARET PROCTER HEAD OF SCHOOL 351881 0 0 0 0 0 14225 0 11292 0 377398 0 0 0 SAUNDRA SPARKS CFO 162199 0 0 0 0 0 11567 0 14766 0 188532 0 0 0 SAMUEL PATTERSON STEAM COORDINATOR 140339 0 0 0 0 0 7974 0 8508 0 156821 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A FORMAL AUDIT COMMITTEE MEETING IS HELD TO REVIEW AND APPROVE THE 990 PRIOR TO FILING. THE 990 IS MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON MUST REPORT ANY CONFLICT OF INTEREST IN WHICH SUCH PERSON IS OR MAY BE INVOLVED WITH THE CHAIR, IF A TRUSTEE, OR THE HEAD OF SCHOOL, IF AN EMPLOYEE. THE CHAIR OR HEAD OF SCHOOL WILL DETERMINE HOW THE CONFLICT WILL BE RESOLVED. ON AN ANNUAL BASIS, THE HEAD OF SCHOOL WILL PROVIDE THE EXECUTIVE COMMITTEE WITH A LIST OF EMPLOYEES WHO HAVE RECEIVED GIFTS THAT EXCEED $100. ANY TRUSTEE, ADMINISTRATOR, EMPLOYEE, OR OTHER REPRESENTATIVE WHO DISCOVERS ANY BREACH OF THIS POLICY MUST IMMEDIATELY ADVISE THE CHAIR (FOR TRUSTEES) OR THE HEAD OF SCHOOL (FOR EMPLOYEES) OF ALL PERTINENT DETAILS. FORM 990, PART VI, SECTION B, LINE 15A KEY EMPLOYEES AND TOP MANAGEMENT RECEIVE ANNUAL PERFORMANCE REVIEWS. COMPENSATION OF THE HEAD OF SCHOOL IS DETERMINED USING COMPARABLE SALARY INFORMATION, SUCH AS SALARY SURVEYS AND IRS FORMS 990 FROM SIMILAR ORGANIZATIONS. THE HEAD OF SCHOOL DETERMINE COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION PERTAINING TO OUR ORGANIZATION WILL BE PROVIDED UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 2C: THE BOARD OF TRUSTEES MEET FORMALLY TO REVIEW THE AUDITED FINANCIAL STATEMENTS AND APPROVE THE FINAL ISSUANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.