2026-02-26T09:42:05-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 953867954 BREA HOPE INC BREA 7149907826 1 CIVIC CENTER CIRCLE BREA CA 92821 RICHARD CHAMPION SECRETARY/TREASURER 7149907826 2026-02-24 1 1 CASIE ZWAHLEN CPA P02291311 9099857286 2026-02-24 2024 2025-03-06 01:10:19Z RICHARD CHAMPION 1 CIVIC CENTER CIRCLE BREA CA 92821 4729787 0 X N/A X 1984 CA TO ASSIST THE BREA OLINDA UNIFIED SCHOOL DISTRICT IN FINANCING VARIOUS CONSTRUCTION PROJECTS. 5 2 0 3 0 0 0 0 0 0 233699 481168 2000000 2000000 2233699 2481168 0 0 0 0 0 0 0 0 0 1244134 1166379 1244134 1166379 989565 1314789 20095443 19691016 5556168 3794332 14539275 15896684 THE MISSION OF THE CORPORATION IS TO ASSIST THE BREA OLINDA UNIFIED SCHOOL DISTRICT IN FINANCING VARIOUS CONSTRUCTION PROJECTS. 0 0 1144410 0 2000000 THE CORPORATION CONTINUES TO FINANCE CAPITAL ASSETS AND EXISTING DEBT OF THE PREVIOUSLY CONSTRUCTED HIGH SCHOOL FACILITY FOR THE USE BY THE BREA OLINDA UNIFIED SCHOOL DISTRICT. 1144410 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X BRINDA LEON 7149907827 ONE CIVIC CENTER CIRCLE BREA CA 92821 BRINDA LEON VICE CHAIRPERSON 1.00 40.00 X X 0 300004 94794 RICHARD CHAMPION SECRETARY/TREASURER 1.00 40.00 X X 0 221225 76055 PHIL D'AGOSTINOTERM END 1224 DIRECTOR 1.00 40.00 X 0 233388 42747 BERNIE KILCOYNE CHAIRPERSON 1.00 1.00 X X 0 0 0 ARTHUR J ROLAND DIRECTOR 1.00 1.00 X 0 0 0 VALERIE ROGERSSTART 125 DIRECTOR 1.00 1.00 X 0 0 0 0 754617 213596 0 0 1 0 0 488154 488154 2241633 2248619 -6986 -6986 -6986 TAX INCREMENT 523000 2000000 2000000 2000000 2481168 2000000 0 481168 18076 18076 1371 1371 442 442 197761 197761 946649 946649 LICENSES/FEES III 2080 2080 1166379 1144410 21969 0 19646 27366 13065848 13902160 40953499 35466360 6433788 5487139 576161 274351 20095443 19691016 116168 79332 5440000 3715000 5556168 3794332 X 14437546 15790266 101729 106418 14539275 15896684 20095443 19691016 1314789 42620 0 X X 0 1 X 1 0 X X 1 BREA OLINDA UNIFIED SCHOOL DISTRICT 952460087 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 101729 4689 106418 100422 1307 101729 100376 46 100422 100366 10 100376 100355 11 100366 0.06031 0.93969 0.00000 0 0 1486796 1486796 37540667 33552579 3988088 338014 325759 12255 1588022 1588022 0 5487139 CERTIFICATES OF PARTICIPATION 3715000 3715000 X 2522417 42620 42620 2479797 1371 1371 2481168 1165008 0 1165008 1371 1371 1166379 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO INCOME TAX PROVISION 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 IS UNREALTED 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. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT CONSISTS OF THE CRSS SCHOLARSHIP FUND ESTABLISHED TO PROVIDE SCHOLARSHIPS TOWARD COLLEGE ATTENDANCE FOR GRADUATING SENIORS OF THE BREA-OLINDA HIGH SCHOOL WHO WISH TO PURSUE A DEGREE IN ARCHITECTURE ENGINEERING. 0 0 0 0 0 0 0 0 0 BRINDA LEON VICE CHAIRPERSON 0 300004 0 0 0 0 0 78565 0 16229 0 394798 0 0 RICHARD CHAMPION SECRETARY/TREASURER 0 221225 0 0 0 0 0 41475 0 34580 0 297280 0 0 PHIL D'AGOSTINOTERM END 1224 DIRECTOR 0 233388 0 0 0 0 0 42747 0 0 0 276135 0 0 FORM 990, PART VI, SECTION B, LINE 11B BRINDA LEON (BREA HOPE, INC. VICE CHAIRPERSON) WILL REVIEW THE FORM 990 FOR BREA HOPE, INC. BEFORE IT IS SUBMITTED TO THE IRS. AFTER REVIEW, COPIES OF THE APPROVED FORM 990 ARE PROVIDED TO THE ORGANIZATION'S BOARD MEMBERS AT THE NEXT SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, DIRECTORS, AND THE TRUSTEES ARE REQUIRED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. THE BOARD REVIEWS ANY CONFLICTS PRESENTED BY INTERESTED PARTIES. THE CHAIRPERSON APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION IN QUESTION AND REPORT FINDINGS TO THE BOARD. ALTERNATIVES TO THE PROPOSED TRANSACTION ARE IDENTIFIED AND COMPARED TO THE PROPOSED TRANSACTION. THE BOARD VOTES ON THE MOST BENEFICIAL OPTION FOR THE ORGANIZATION. IF THE BOARD HAS REASON TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE THE POTENTIAL CONFLICT, THE BOARD WILL INVESTIGATE FURTHER AND IF NECESSARY, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS NOT PAID TO ANY OFFICERS OF THE ORGANIZATION OR TO ANY OTHER INDIVIDUAL, THEREFORE, A COMPENSATION PROCESS DOES NOT APPLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. BREA OLINDA UNIFIED SCHOOL DISTRICT 1 CIVIC CENTER CIRCLE LEVEL II BREA CA 92821 952460087 PUBLIC SCHOOL DISTRICT CA GOV LINE 6 N/A 0 BOUSD FINANCING CORPORATION 1 CIVIC CENTER CIRCLE LEVEL II BREA CA 92821 330626247 PUBLIC SCHOOL DISTRICT FINANCIAL SUPPORT CA GOV LINE 6 BREA OLINDA UNIFIED SCHOOL DISTRICT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0