ASPIRE PUBLIC SCHOOLS 2009-10 Unaudited Actuals Reported Using Non-Profit Basis of Accounting (Full Accrual) BHCPA ROCS UPS TOTAL Total Revenues $ 3,945,046 $ 2,787,131 $ 2,434,644 $ 9,166,821 Total Expenses 3,953,374 2,999,357 2,792,028 9,744,759 INCREASE (DECREASE) IN FUND BALANCE (8,328) (212,226) (357,384) (577,938) Beginning Fund Balance 1,908,820 67,081 2,061,979 4,037,880 Adjustments to Beginning Balance (20,872) (18,268) (16,149) (55,289) Adjusted Beginning Balance 1,887,948 48,813 2,045,830 3,982,591 ENDING FUND BALANCE (Full Accrual) $ 1,879,620 $ (163,413) $ 1,688,446 $ 3,404,653 Converted to School District Basis of Accounting (Modified Accrual) BHCPA ROCS UPS TOTAL INCREASE (DECREASE) IN FUND BALANCE $ (8,328) $ (212,226) $ (357,384) $ (577,938) Add back depreciation 364,495 300,889 100,661 766,045 Subtract lease principal payment (248,994) (216,452) (465,446) Changes in fixed assets (126,946) 196,796 815,259 885,109 Changes in long term debt 223,186 (128,962) 94,224 CHANGE IN FUND BALANCE (Modified Accrual) 203,413 (59,955) 558,536 701,994 Beginning Fund Balance 1,409,607 577,668 1,094,780 3,082,055 Adjustments to Beginning Balance (20,872) (18,268) (16,149) (55,289) Adjusted Beginning Balance 1,388,735 559,400 1,078,631 3,026,766 ENDING FUND BALANCE (Modified Accrual) $ 1,592,148 $ 499,445 $ 1,637,167 $ 3,728,760 Cash Balances BHCPA ROCS UPS TOTAL Cash $ 1,094,546 $ 97,034 $ 1,358,549 $ 2,550,129
Benjamin Holt College Preparatory Academy
CHARTER SCHOOL CERTIFICATION Charter School Name: Aspire Benjamin Holt College Preparatory Academy CDS #: 39685850101956 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 565 NOTE: An Alternative Form submitted to the will not be considered a valid submission if the following information is missing: For information regarding this report, please contact: For Approving Entity: Name Title Telephone E-mail address For Charter School: Delphine Sherman Name Director of Finance Title 510-434-5000 Telephone delphine.sherman@aspirepublicschools.org E-mail address To the entity that approved the charter school: ( X ) 2009-10 : This report has been approved, and is hereby filed by the charter school pursuant to Education Code Section 42100(b). Signed: Date: Charter School Official (Original signature required) Printed Name: Delphine Sherman Title: Director of Finance To the County Superintendent of Schools: ( X ) 2009-10 : This report is hereby filed with the County Superintendent pursuant to Education Code Section 42100(a). Signed: Date: Authorized Representative of Charter Approving Entity (Original signature required) Printed Name: Title: To the Superintendent of Public Instruction: ( X ) 2009-10 : This report has been verified for mathematical accuracy by the County Superintendent of Schools pursuant to Education Code Section 42100(a). Signed: Date: County Superintendent/Designee (Original signature required) Certification Form (Revised 07/10/09) Page 1 of 1 9/24/2010 4:11 PM
Charter School Name: Aspire Benjamin Holt College Preparatory Academy CDS #: 39685850101956 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 565 This charter school uses the following basis of accounting: (Please enter an "X" in the applicable box below; check only one box) X Accrual Basis (Applicable Capital Assets/Interest on Long-Term Debt/Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669) Modified Accrual Basis (Applicable Capital Outlay/Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439) Description Object Code Unrestricted Restricted Total A. REVENUES 1. Revenue Limit Sources State Aid - Current Year 8011 0.00 Charter Schools General Purpose Entitlement - State Aid 8015 2,254,277.00 2,254,277.00 State Aid - Prior Years 8019 1,621.00 1,621.00 Tax Relief Subventions (for revenue limit funded schools) 8020-8039 0.00 County and District Taxes (for revenue limit funded schools) 8040-8079 0.00 Miscellaneous Funds (for revenue limit funded schools) 8080-8089 0.00 Revenue Limit Transfers (for revenue limit funded schools): PERS Reduction Transfer 8092 0.00 Transfers to Charter Schools in Lieu of Property Taxes 8096 693,918.00 693,918.00 Other Revenue Limit Transfers 8091, 8097 0.00 Total, Revenue Limit Sources 2,949,816.00 0.00 2,949,816.00 2. Federal Revenues (see NOTE on last page) No Child Left Behind (incl. ARRA) 8290 75,864.00 75,864.00 Special Education - Federal 8181, 8182 0.00 Child Nutrition - Federal 8220 53,294.29 53,294.29 Other Federal Revenues (incl. ARRA) 8110, 8260-8299 34,459.00 34,459.00 Total, Federal Revenues 0.00 163,617.29 163,617.29 3. Other State Revenues Special Education - State StateRevSE 0.00 All Other State Revenues StateRevAO 356,123.18 346,745.97 702,869.15 Total, Other State Revenues 356,123.18 346,745.97 702,869.15 4. Other Local Revenues All Other Local Revenues LocalRevAO 107,921.24 20,821.94 128,743.18 Total, Local Revenues 107,921.24 20,821.94 128,743.18 5. TOTAL REVENUES 3,413,860.42 531,185.20 3,945,045.62 B. EXPENDITURES (see NOTE on last page) 1. Certificated Salaries Certificated Teachers' Salaries 1100 1,171,847.16 144,515.46 1,316,362.62 Certificated Pupil Support Salaries 1200 53,775.55 92,655.27 146,430.82 Certificated Supervisors' and Administrators' Salaries 1300 91,588.33 91,588.33 Other Certificated Salaries 1900 0.00 Total, Certificated Salaries 1,317,211.04 237,170.73 1,554,381.77 2. Noncertificated Salaries Noncertificated Instructional Salaries 2100 10,755.05 10,755.05 Noncertificated Support Salaries 2200 62,109.23 3,856.88 65,966.11 Noncertificated Supervisors' and Administrators' Salaries 2300 0.00 Clerical and Office Salaries 2400 125,663.35 125,663.35 Other Noncertificated Salaries 2900 84,913.61 1,199.75 86,113.36 Total, Noncertificated Salaries 283,441.24 5,056.63 288,497.87 Page 1 of 4 9/24/2010 4:12 PM
Charter School Name: CDS #: Aspire Benjamin Holt College Preparatory Academy 39685850101956 Description Object Code Unrestricted Restricted Total 3. Employee Benefits STRS 3101-3102 103,667.07 21,151.77 124,818.84 PERS 3201-3202 19,059.51 981.59 20,041.10 OASDI / Medicare / Alternative 3301-3302 41,136.82 8,262.38 49,399.20 Health and Welfare Benefits 3401-3402 200,818.28 17,916.56 218,734.84 Unemployment Insurance 3501-3502 6,065.74 6,065.74 Workers' Compensation Insurance 3601-3602 20,678.00 20,678.00 OPEB, Allocated 3701-3702 0.00 OPEB, Active Employees 3751-3752 0.00 PERS Reduction (for revenue limit funded schools) 3801-3802 0.00 Other Employee Benefits 3901-3902 13,542.42 845.34 14,387.76 Total, Employee Benefits 404,967.84 49,157.64 454,125.48 4. Books and Supplies Approved Textbooks and Core Curricula Materials 4100 0.00 Books and Other Reference Materials 4200 20,832.19 7,210.22 28,042.41 Materials and Supplies 4300 100,007.02 4,256.31 104,263.33 Noncapitalized Equipment 4400 11,977.85 11,977.85 Food 4700 81,986.25 81,986.25 Total, Books and Supplies 132,817.06 93,452.78 226,269.84 5. Services and Other Operating Expenditures Subagreements for Services 5100 0.00 Travel and Conferences 5200 14,221.38 5,320.00 19,541.38 Dues and Memberships 5300 3,386.95 343.00 3,729.95 Insurance 5400 68,453.00 68,453.00 Operations and Housekeeping Services 5500 132,022.83 132,022.83 Rentals, Leases, Repairs, and Noncap. Improvements 5600 90,031.58 90,031.58 Professional/Consulting Services and Operating Expend. 5800 283,106.15 283,106.15 Communications 5900 38,829.83 38,829.83 Total, Services and Other Operating Expenditures 630,051.72 5,663.00 635,714.72 6. Capital Outlay (Objects 6100-6170, 6200-6500 for modified accrual basis only) Land and Land Improvements 6100-6170 0.00 Buildings and Improvements of Buildings 6200 0.00 Books and Media for New School Libraries or Major Expansion of School Libraries 6300 0.00 Equipment 6400 0.00 Equipment Replacement 6500 0.00 Depreciation Expense (for accrual basis only) 6900 349,130.53 15,363.99 364,494.52 Total, Capital Outlay 349,130.53 15,363.99 364,494.52 7. Other Outgo Tuition to Other Schools 7110-7143 0.00 Transfers of Pass-Through Revenues to Other LEAs 7211-7213 0.00 Transfers of Apportionments to Other LEAs - Spec. Ed. 7221-7223SE 0.00 Transfers of Apportionments to Other LEAs - All Other 7221-7223AO 0.00 All Other Transfers 7281-7299 21,323.00 21,323.00 Debt Service: Interest 7438 76,209.88 332,357.00 408,566.88 Principal (for modified accrual basis only) 7439 0.00 Total, Other Outgo 97,532.88 332,357.00 429,889.88 8. TOTAL EXPENDITURES 3,215,152.31 738,221.77 3,953,374.08 C. EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES (A5-B8) 198,708.11 (207,036.57) (8,328.46) Page 2 of 4 9/24/2010 4:12 PM
Charter School Name: CDS #: Aspire Benjamin Holt College Preparatory Academy 39685850101956 Description Object Code Unrestricted Restricted Total D. OTHER FINANCING SOURCES / USES 1. Other Sources 8930-8979 0.00 2. Less: Other Uses 7630-7699 0.00 3. Contributions Between Unrestricted and Restricted Accounts (must net to zero) 8980-8999 0.00 4. TOTAL OTHER FINANCING SOURCES / USES 0.00 0.00 0.00 E. NET INCREASE (DECREASE) IN FUND BALANCE (C+D4) 198,708.11 (207,036.57) (8,328.46) F. FUND BALANCE, RESERVES 1. Beginning Fund Balance a. As of July 1 9791 1,551,346.24 357,474.24 1,908,820.48 b. Adjustments/Restatements to Beginning Balance 9793, 9795 (57,575.24) 36,702.76 (20,872.48) c. Adjusted Beginning Balance 1,493,771.00 394,177.00 1,887,948.00 2. Ending Fund Balance, June 30 (E+F1c) 1,692,479.11 187,140.43 1,879,619.54 Components of Ending Fund Balance (Optional): Reserve for Revolving Cash (equals Object 9130) 9711 0.00 0.00 0.00 Reserve for Stores (equals Object 9320) 9712 0.00 0.00 0.00 Reserve for Prepaid Expenditures (equals Object 9330) 9713 0.00 0.00 0.00 Reserve for All Others 9719 0.00 General Reserve 9730 0.00 Legally Restricted Balance 9740 0.00 Designated for Economic Uncertainties 9770 0.00 Other Designations 9775, 9780 0.00 Undesignated / Unappropriated Amount 9790 1,692,479.11 187,140.43 1,879,619.54 G. ASSETS 1. Cash In County Treasury 9110 0.00 Fair Value Adjustment to Cash in County Treasury 9111 0.00 In Banks 9120 704,652.53 389,893.01 1,094,545.54 In Revolving Fund 9130 0.00 With Fiscal Agent/Trustee 9135 0.00 Collections Awaiting Deposit 9140 0.00 2. Investments 9150 0.00 3. Accounts Receivable 9200 788,596.91 52,595.11 841,192.02 4. Due from Grantor Governments 9290 0.00 5. Stores 9320 0.00 6. Prepaid Expenditures (Expenses) 9330 0.00 7. Other Current Assets 9340 0.00 8. Capital Assets (for accrual basis only) 9400-9499 9,004,580.23 39,910.01 9,044,490.24 9. TOTAL ASSETS 10,497,829.67 482,398.13 10,980,227.80 H. LIABILITIES 1. Accounts Payable 9500 255,447.16 28,128.52 283,575.68 2. Due to Grantor Governments 9590 0.00 3. Current Loans 9640 316,055.61 316,055.61 4. Deferred Revenue 9650 0.00 5. Long-Term Liabilities (for accrual basis only) 9660-9669 8,233,847.79 267,129.18 8,500,976.97 6. TOTAL LIABILITIES 8,805,350.56 295,257.70 9,100,608.26 I. FUND BALANCE Ending Fund Balance, June 30 (G9-H6) (must agree with Line F2) 1,692,479.11 187,140.43 1,879,619.54 Page 3 of 4 9/24/2010 4:12 PM
Charter School Name: Aspire Benjamin Holt College Preparatory Academy CDS #: 39685850101956 NOTE: IF YOUR CHARTER SCHOOL RECEIVED FEDERAL FUNDING, AS REPORTED IN SECTION A2, THE FOLLOWING ADDITIONAL INFORMATION MUST BE PROVIDED: 1. Federal Revenues Used for Capital Outlay and Debt Service Included in the Capital Outlay and Debt Service expenditures reported in sections B6 and B7 are the following amounts paid out of federal funds: Federal Program Name (Indicate if NONE) Capital Outlay Debt Service Total a. None $ 0.00 b. 0.00 c. 0.00 d. 0.00 e. 0.00 f. 0.00 g. 0.00 h. 0.00 i. 0.00 j. 0.00 TOTAL 0.00 0.00 0.00 2. Community Services Expenditures Included in the expenditures reported in Section B are the following amounts expended for Community Services paid out of state and local funds: Amount Objects of Expenditures (Enter "0.00" if none) a. Certificated Personnel Salaries $ 0.00 b. Noncertificated Personnel Salaries 0.00 c. Employee Benefits 0.00 d. Books and Supplies 0.00 e. Services and Other Operating Expenditures 0.00 TOTAL COMMUNITY SERVICES EXPENDITURES 0.00 Page 4 of 4 9/24/2010 4:12 PM
River Oaks Charter School
CHARTER SCHOOL CERTIFICATION Charter School Name: Aspire River Oaks Charter School CDS #: 39685856118921 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 364 NOTE: An Alternative Form submitted to the will not be considered a valid submission if the following information is missing: For information regarding this report, please contact: For Approving Entity: Name Title Telephone E-mail address For Charter School: Delphine Sherman Name Director of Finance Title 510-434-5000 Telephone delphine.sherman@aspirepublicschools.org E-mail address To the entity that approved the charter school: ( X ) 2009-10 : This report has been approved, and is hereby filed by the charter school pursuant to Education Code Section 42100(b). Signed: Date: Charter School Official (Original signature required) Printed Name: Delphine Sherman Title: Director of Finance To the County Superintendent of Schools: ( X ) 2009-10 : This report is hereby filed with the County Superintendent pursuant to Education Code Section 42100(a). Signed: Date: Authorized Representative of Charter Approving Entity (Original signature required) Printed Name: Title: To the Superintendent of Public Instruction: ( X ) 2009-10 : This report has been verified for mathematical accuracy by the County Superintendent of Schools pursuant to Education Code Section 42100(a). Signed: Date: County Superintendent/Designee (Original signature required) Certification Form (Revised 07/10/09) Page 1 of 1 9/24/2010 4:33 PM
Charter School Name: Aspire River Oaks Charter School CDS #: 39685856118921 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 364 This charter school uses the following basis of accounting: (Please enter an "X" in the applicable box below; check only one box) X Accrual Basis (Applicable Capital Assets/Interest on Long-Term Debt/Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669) Modified Accrual Basis (Applicable Capital Outlay/Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439) Description Object Code Unrestricted Restricted Total A. REVENUES 1. Revenue Limit Sources State Aid - Current Year 8011 0.00 Charter Schools General Purpose Entitlement - State Aid 8015 1,249,219.00 1,249,219.00 State Aid - Prior Years 8019 (30.00) (30.00) Tax Relief Subventions (for revenue limit funded schools) 8020-8039 0.00 County and District Taxes (for revenue limit funded schools) 8040-8079 0.00 Miscellaneous Funds (for revenue limit funded schools) 8080-8089 0.00 Revenue Limit Transfers (for revenue limit funded schools): PERS Reduction Transfer 8092 0.00 Transfers to Charter Schools in Lieu of Property Taxes 8096 431,603.00 431,603.00 Other Revenue Limit Transfers 8091, 8097 0.00 Total, Revenue Limit Sources 1,680,792.00 0.00 1,680,792.00 2. Federal Revenues (see NOTE on last page) No Child Left Behind (incl. ARRA) 8290 127,349.77 127,349.77 Special Education - Federal 8181, 8182 0.00 Child Nutrition - Federal 8220 98,973.76 98,973.76 Other Federal Revenues (incl. ARRA) 8110, 8260-8299 7,617.00 7,617.00 Total, Federal Revenues 0.00 233,940.53 233,940.53 3. Other State Revenues Special Education - State StateRevSE 0.00 All Other State Revenues StateRevAO 521,065.00 267,794.91 788,859.91 Total, Other State Revenues 521,065.00 267,794.91 788,859.91 4. Other Local Revenues All Other Local Revenues LocalRevAO 65,740.11 17,798.65 83,538.76 Total, Local Revenues 65,740.11 17,798.65 83,538.76 5. TOTAL REVENUES 2,267,597.11 519,534.09 2,787,131.20 B. EXPENDITURES (see NOTE on last page) 1. Certificated Salaries Certificated Teachers' Salaries 1100 808,512.94 92,968.40 901,481.34 Certificated Pupil Support Salaries 1200 0.00 Certificated Supervisors' and Administrators' Salaries 1300 45,249.68 45,249.68 Other Certificated Salaries 1900 0.00 Total, Certificated Salaries 853,762.62 92,968.40 946,731.02 2. Noncertificated Salaries Noncertificated Instructional Salaries 2100 118,356.43 57,801.55 176,157.98 Noncertificated Support Salaries 2200 7,107.82 27,954.96 35,062.78 Noncertificated Supervisors' and Administrators' Salaries 2300 0.00 Clerical and Office Salaries 2400 55,997.85 15,048.95 71,046.80 Other Noncertificated Salaries 2900 73,175.27 448.00 73,623.27 Total, Noncertificated Salaries 254,637.37 101,253.46 355,890.83 Page 1 of 4 9/24/2010 4:33 PM
Charter School Name: CDS #: Aspire River Oaks Charter School 39685856118921 Description Object Code Unrestricted Restricted Total 3. Employee Benefits STRS 3101-3102 66,596.10 12,268.67 78,864.77 PERS 3201-3202 8,237.62 3,383.79 11,621.41 OASDI / Medicare / Alternative 3301-3302 35,106.48 5,112.28 40,218.76 Health and Welfare Benefits 3401-3402 132,034.45 21,169.30 153,203.75 Unemployment Insurance 3501-3502 3,690.79 3,690.79 Workers' Compensation Insurance 3601-3602 26,824.00 26,824.00 OPEB, Allocated 3701-3702 0.00 OPEB, Active Employees 3751-3752 0.00 PERS Reduction (for revenue limit funded schools) 3801-3802 0.00 Other Employee Benefits 3901-3902 12,450.39 1,201.37 13,651.76 Total, Employee Benefits 284,939.83 43,135.41 328,075.24 4. Books and Supplies Approved Textbooks and Core Curricula Materials 4100 0.00 Books and Other Reference Materials 4200 1.60 3,897.36 3,898.96 Materials and Supplies 4300 43,187.31 5,214.01 48,401.32 Noncapitalized Equipment 4400 12,639.53 15,206.09 27,845.62 Food 4700 117,923.07 117,923.07 Total, Books and Supplies 55,828.44 142,240.53 198,068.97 5. Services and Other Operating Expenditures Subagreements for Services 5100 0.00 Travel and Conferences 5200 1,401.79 7,268.05 8,669.84 Dues and Memberships 5300 124.00 343.00 467.00 Insurance 5400 56,538.00 56,538.00 Operations and Housekeeping Services 5500 99,911.91 99,911.91 Rentals, Leases, Repairs, and Noncap. Improvements 5600 10,542.68 10,542.68 Professional/Consulting Services and Operating Expend. 5800 147,927.65 2,324.30 150,251.95 Communications 5900 27,075.40 27,075.40 Total, Services and Other Operating Expenditures 343,521.43 9,935.35 353,456.78 6. Capital Outlay (Objects 6100-6170, 6200-6500 for modified accrual basis only) Land and Land Improvements 6100-6170 0.00 Buildings and Improvements of Buildings 6200 0.00 Books and Media for New School Libraries or Major Expansion of School Libraries 6300 0.00 Equipment 6400 0.00 Equipment Replacement 6500 0.00 Depreciation Expense (for accrual basis only) 6900 299,087.79 1,800.00 300,887.79 Total, Capital Outlay 299,087.79 1,800.00 300,887.79 7. Other Outgo Tuition to Other Schools 7110-7143 0.00 Transfers of Pass-Through Revenues to Other LEAs 7211-7213 0.00 Transfers of Apportionments to Other LEAs - Spec. Ed. 7221-7223SE 0.00 Transfers of Apportionments to Other LEAs - All Other 7221-7223AO 0.00 All Other Transfers 7281-7299 164,765.15 164,765.15 Debt Service: Interest 7438 97,868.38 253,613.00 351,481.38 Principal (for modified accrual basis only) 7439 0.00 Total, Other Outgo 262,633.53 253,613.00 516,246.53 8. TOTAL EXPENDITURES 2,354,411.01 644,946.15 2,999,357.16 C. EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES (A5-B8) (86,813.90) (125,412.06) (212,225.96) Page 2 of 4 9/24/2010 4:33 PM
Charter School Name: CDS #: Aspire River Oaks Charter School 39685856118921 Description Object Code Unrestricted Restricted Total D. OTHER FINANCING SOURCES / USES 1. Other Sources 8930-8979 0.00 2. Less: Other Uses 7630-7699 0.00 3. Contributions Between Unrestricted and Restricted Accounts (must net to zero) 8980-8999 0.00 4. TOTAL OTHER FINANCING SOURCES / USES 0.00 0.00 0.00 E. NET INCREASE (DECREASE) IN FUND BALANCE (C+D4) (86,813.90) (125,412.06) (212,225.96) F. FUND BALANCE, RESERVES 1. Beginning Fund Balance a. As of July 1 9791 (75,346.30) 142,427.70 67,081.40 b. Adjustments/Restatements to Beginning Balance 9793, 9795 (7,217.70) (11,050.70) (18,268.40) c. Adjusted Beginning Balance (82,564.00) 131,377.00 48,813.00 2. Ending Fund Balance, June 30 (E+F1c) (169,377.90) 5,964.94 (163,412.96) Components of Ending Fund Balance (Optional): Reserve for Revolving Cash (equals Object 9130) 9711 0.00 0.00 0.00 Reserve for Stores (equals Object 9320) 9712 0.00 0.00 0.00 Reserve for Prepaid Expenditures (equals Object 9330) 9713 0.00 0.00 0.00 Reserve for All Others 9719 0.00 General Reserve 9730 0.00 Legally Restricted Balance 9740 0.00 Designated for Economic Uncertainties 9770 0.00 Other Designations 9775, 9780 0.00 Undesignated / Unappropriated Amount 9790 (169,377.90) 5,964.94 (163,412.96) G. ASSETS 1. Cash In County Treasury 9110 0.00 Fair Value Adjustment to Cash in County Treasury 9111 0.00 In Banks 9120 75,853.97 21,180.45 97,034.42 In Revolving Fund 9130 0.00 With Fiscal Agent/Trustee 9135 0.00 Collections Awaiting Deposit 9140 0.00 2. Investments 9150 0.00 3. Accounts Receivable 9200 578,111.69 44,783.69 622,895.38 4. Due from Grantor Governments 9290 0.00 5. Stores 9320 0.00 6. Prepaid Expenditures (Expenses) 9330 0.00 7. Other Current Assets 9340 0.00 8. Capital Assets (for accrual basis only) 9400-9499 7,069,895.51 300.02 7,070,195.53 9. TOTAL ASSETS 7,723,861.17 66,264.16 7,790,125.33 H. LIABILITIES 1. Accounts Payable 9500 160,185.07 60,299.22 220,484.29 2. Due to Grantor Governments 9590 0.00 3. Current Loans 9640 7,733,054.00 7,733,054.00 4. Deferred Revenue 9650 0.00 5. Long-Term Liabilities (for accrual basis only) 9660-9669 0.00 6. TOTAL LIABILITIES 7,893,239.07 60,299.22 7,953,538.29 I. FUND BALANCE Ending Fund Balance, June 30 (G9-H6) (must agree with Line F2) (169,377.90) 5,964.94 (163,412.96) Page 3 of 4 9/24/2010 4:33 PM
Charter School Name: Aspire River Oaks Charter School CDS #: 39685856118921 NOTE: IF YOUR CHARTER SCHOOL RECEIVED FEDERAL FUNDING, AS REPORTED IN SECTION A2, THE FOLLOWING ADDITIONAL INFORMATION MUST BE PROVIDED: 1. Federal Revenues Used for Capital Outlay and Debt Service Included in the Capital Outlay and Debt Service expenditures reported in sections B6 and B7 are the following amounts paid out of federal funds: Federal Program Name (Indicate if NONE) Capital Outlay Debt Service Total a. None $ 0.00 b. 0.00 c. 0.00 d. 0.00 e. 0.00 f. 0.00 g. 0.00 h. 0.00 i. 0.00 j. 0.00 TOTAL 0.00 0.00 0.00 2. Community Services Expenditures Included in the expenditures reported in Section B are the following amounts expended for Community Services paid out of state and local funds: Amount Objects of Expenditures (Enter "0.00" if none) a. Certificated Personnel Salaries $ 0.00 b. Noncertificated Personnel Salaries 0.00 c. Employee Benefits 0.00 d. Books and Supplies 0.00 e. Services and Other Operating Expenditures 0.00 TOTAL COMMUNITY SERVICES EXPENDITURES 0.00 Page 4 of 4 9/24/2010 4:33 PM
University Public School
CHARTER SCHOOL CERTIFICATION Charter School Name: Aspire University Public School CDS #: 39685856116594 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 178 NOTE: An Alternative Form submitted to the will not be considered a valid submission if the following information is missing: For information regarding this report, please contact: For Approving Entity: Name Title Telephone E-mail address For Charter School: Delphine Sherman Name Director of Finance Title 510-434-5000 Telephone delphine.sherman@aspirepublicschools.org E-mail address To the entity that approved the charter school: ( X ) 2009-10 : This report has been approved, and is hereby filed by the charter school pursuant to Education Code Section 42100(b). Signed: Date: Charter School Official (Original signature required) Printed Name: Delphine Sherman Title: Director of Finance To the County Superintendent of Schools: ( X ) 2009-10 : This report is hereby filed with the County Superintendent pursuant to Education Code Section 42100(a). Signed: Date: Authorized Representative of Charter Approving Entity (Original signature required) Printed Name: Title: To the Superintendent of Public Instruction: ( X ) 2009-10 : This report has been verified for mathematical accuracy by the County Superintendent of Schools pursuant to Education Code Section 42100(a). Signed: Date: County Superintendent/Designee (Original signature required) Certification Form (Revised 07/10/09) Page 1 of 1 9/24/2010 4:14 PM
Charter School Name: Aspire University Public School CDS #: 39685856116594 Charter Approving Entity: Lodi Unified County: San Joaquin Charter #: 178 This charter school uses the following basis of accounting: (Please enter an "X" in the applicable box below; check only one box) X Accrual Basis (Applicable Capital Assets/Interest on Long-Term Debt/Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669) Modified Accrual Basis (Applicable Capital Outlay/Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439) Description Object Code Unrestricted Restricted Total A. REVENUES 1. Revenue Limit Sources State Aid - Current Year 8011 0.00 Charter Schools General Purpose Entitlement - State Aid 8015 1,199,046.00 1,199,046.00 State Aid - Prior Years 8019 (48.00) (48.00) Tax Relief Subventions (for revenue limit funded schools) 8020-8039 0.00 County and District Taxes (for revenue limit funded schools) 8040-8079 0.00 Miscellaneous Funds (for revenue limit funded schools) 8080-8089 0.00 Revenue Limit Transfers (for revenue limit funded schools): PERS Reduction Transfer 8092 0.00 Transfers to Charter Schools in Lieu of Property Taxes 8096 429,092.00 429,092.00 Other Revenue Limit Transfers 8091, 8097 0.00 Total, Revenue Limit Sources 1,628,090.00 0.00 1,628,090.00 2. Federal Revenues (see NOTE on last page) No Child Left Behind (incl. ARRA) 8290 33,841.00 33,841.00 Special Education - Federal 8181, 8182 0.00 Child Nutrition - Federal 8220 26,817.00 26,817.00 Other Federal Revenues (incl. ARRA) 8110, 8260-8299 6,565.00 6,565.00 Total, Federal Revenues 0.00 67,223.00 67,223.00 3. Other State Revenues Special Education - State StateRevSE 0.00 All Other State Revenues StateRevAO 477,905.12 125,605.19 603,510.31 Total, Other State Revenues 477,905.12 125,605.19 603,510.31 4. Other Local Revenues All Other Local Revenues LocalRevAO 110,020.90 25,799.95 135,820.85 Total, Local Revenues 110,020.90 25,799.95 135,820.85 5. TOTAL REVENUES 2,216,016.02 218,628.14 2,434,644.16 B. EXPENDITURES (see NOTE on last page) 1. Certificated Salaries Certificated Teachers' Salaries 1100 983,797.41 45,409.90 1,029,207.31 Certificated Pupil Support Salaries 1200 635.44 59,481.68 60,117.12 Certificated Supervisors' and Administrators' Salaries 1300 90,769.66 90,769.66 Other Certificated Salaries 1900 0.00 Total, Certificated Salaries 1,075,202.51 104,891.58 1,180,094.09 2. Noncertificated Salaries Noncertificated Instructional Salaries 2100 88,334.25 3,124.00 91,458.25 Noncertificated Support Salaries 2200 0.00 Noncertificated Supervisors' and Administrators' Salaries 2300 0.00 Clerical and Office Salaries 2400 65,777.61 14,148.67 79,926.28 Other Noncertificated Salaries 2900 50,841.79 50,841.79 Total, Noncertificated Salaries 204,953.65 17,272.67 222,226.32 Page 1 of 4 9/24/2010 4:31 PM
Charter School Name: CDS #: Aspire University Public School 39685856116594 Description Object Code Unrestricted Restricted Total 3. Employee Benefits STRS 3101-3102 86,910.20 8,708.46 95,618.66 PERS 3201-3202 13,360.94 1,410.04 14,770.98 OASDI / Medicare / Alternative 3301-3302 31,873.54 2,753.42 34,626.96 Health and Welfare Benefits 3401-3402 144,932.98 8,567.83 153,500.81 Unemployment Insurance 3501-3502 4,203.76 4,203.76 Workers' Compensation Insurance 3601-3602 18,527.00 18,527.00 OPEB, Allocated 3701-3702 0.00 OPEB, Active Employees 3751-3752 0.00 PERS Reduction (for revenue limit funded schools) 3801-3802 0.00 Other Employee Benefits 3901-3902 9,932.77 9,932.77 Total, Employee Benefits 309,741.19 21,439.75 331,180.94 4. Books and Supplies Approved Textbooks and Core Curricula Materials 4100 0.00 Books and Other Reference Materials 4200 8,057.15 6,292.71 14,349.86 Materials and Supplies 4300 32,323.23 1,883.42 34,206.65 Noncapitalized Equipment 4400 68,975.48 68,975.48 Food 4700 53,995.00 53,995.00 Total, Books and Supplies 109,355.86 62,171.13 171,526.99 5. Services and Other Operating Expenditures Subagreements for Services 5100 0.00 Travel and Conferences 5200 1,616.02 3,947.46 5,563.48 Dues and Memberships 5300 487.20 343.00 830.20 Insurance 5400 19,089.00 19,089.00 Operations and Housekeeping Services 5500 45,992.36 45,992.36 Rentals, Leases, Repairs, and Noncap. Improvements 5600 45,753.57 117,419.00 163,172.57 Professional/Consulting Services and Operating Expend. 5800 141,847.04 141,847.04 Communications 5900 25,590.97 25,590.97 Total, Services and Other Operating Expenditures 280,376.16 121,709.46 402,085.62 6. Capital Outlay (Objects 6100-6170, 6200-6500 for modified accrual basis only) Land and Land Improvements 6100-6170 0.00 Buildings and Improvements of Buildings 6200 0.00 Books and Media for New School Libraries or Major Expansion of School Libraries 6300 0.00 Equipment 6400 0.00 Equipment Replacement 6500 0.00 Depreciation Expense (for accrual basis only) 6900 9,956.19 90,705.12 100,661.31 Total, Capital Outlay 9,956.19 90,705.12 100,661.31 7. Other Outgo Tuition to Other Schools 7110-7143 0.00 Transfers of Pass-Through Revenues to Other LEAs 7211-7213 0.00 Transfers of Apportionments to Other LEAs - Spec. Ed. 7221-7223SE 0.00 Transfers of Apportionments to Other LEAs - All Other 7221-7223AO 0.00 All Other Transfers 7281-7299 384,205.00 384,205.00 Debt Service: Interest 7438 48.06 48.06 Principal (for modified accrual basis only) 7439 0.00 Total, Other Outgo 384,253.06 0.00 384,253.06 8. TOTAL EXPENDITURES 2,373,838.62 418,189.71 2,792,028.33 C. EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES (A5-B8) (157,822.60) (199,561.57) (357,384.17) Page 2 of 4 9/24/2010 4:31 PM
Charter School Name: CDS #: Aspire University Public School 39685856116594 Description Object Code Unrestricted Restricted Total D. OTHER FINANCING SOURCES / USES 1. Other Sources 8930-8979 0.00 2. Less: Other Uses 7630-7699 0.00 3. Contributions Between Unrestricted and Restricted Accounts (must net to zero) 8980-8999 0.00 4. TOTAL OTHER FINANCING SOURCES / USES 0.00 0.00 0.00 E. NET INCREASE (DECREASE) IN FUND BALANCE (C+D4) (157,822.60) (199,561.57) (357,384.17) F. FUND BALANCE, RESERVES 1. Beginning Fund Balance a. As of July 1 9791 1,945,797.71 116,181.41 2,061,979.12 b. Adjustments/Restatements to Beginning Balance 9793, 9795 (13,944.71) (2,204.41) (16,149.12) c. Adjusted Beginning Balance 1,931,853.00 113,977.00 2,045,830.00 2. Ending Fund Balance, June 30 (E+F1c) 1,774,030.40 (85,584.57) 1,688,445.83 Components of Ending Fund Balance (Optional): Reserve for Revolving Cash (equals Object 9130) 9711 0.00 0.00 0.00 Reserve for Stores (equals Object 9320) 9712 0.00 0.00 0.00 Reserve for Prepaid Expenditures (equals Object 9330) 9713 172.50 0.00 172.50 Reserve for All Others 9719 0.00 General Reserve 9730 0.00 Legally Restricted Balance 9740 0.00 Designated for Economic Uncertainties 9770 0.00 Other Designations 9775, 9780 0.00 Undesignated / Unappropriated Amount 9790 1,773,857.90 (85,584.57) 1,688,273.33 G. ASSETS 1. Cash In County Treasury 9110 0.00 Fair Value Adjustment to Cash in County Treasury 9111 0.00 In Banks 9120 1,444,869.16 (86,320.20) 1,358,548.96 In Revolving Fund 9130 0.00 With Fiscal Agent/Trustee 9135 0.00 Collections Awaiting Deposit 9140 0.00 2. Investments 9150 0.00 3. Accounts Receivable 9200 523,457.34 20,661.63 544,118.97 4. Due from Grantor Governments 9290 0.00 5. Stores 9320 0.00 6. Prepaid Expenditures (Expenses) 9330 172.50 172.50 7. Other Current Assets 9340 0.00 8. Capital Assets (for accrual basis only) 9400-9499 51,279.39 51,279.39 9. TOTAL ASSETS 2,019,778.39 (65,658.57) 1,954,119.82 H. LIABILITIES 1. Accounts Payable 9500 245,747.99 19,926.00 265,673.99 2. Due to Grantor Governments 9590 0.00 3. Current Loans 9640 0.00 4. Deferred Revenue 9650 0.00 5. Long-Term Liabilities (for accrual basis only) 9660-9669 0.00 6. TOTAL LIABILITIES 245,747.99 19,926.00 265,673.99 I. FUND BALANCE Ending Fund Balance, June 30 (G9-H6) (must agree with Line F2) 1,774,030.40 (85,584.57) 1,688,445.83 Page 3 of 4 9/24/2010 4:31 PM
Charter School Name: Aspire University Public School CDS #: 39685856116594 NOTE: IF YOUR CHARTER SCHOOL RECEIVED FEDERAL FUNDING, AS REPORTED IN SECTION A2, THE FOLLOWING ADDITIONAL INFORMATION MUST BE PROVIDED: 1. Federal Revenues Used for Capital Outlay and Debt Service Included in the Capital Outlay and Debt Service expenditures reported in sections B6 and B7 are the following amounts paid out of federal funds: Federal Program Name (Indicate if NONE) Capital Outlay Debt Service Total a. None $ 0.00 b. 0.00 c. 0.00 d. 0.00 e. 0.00 f. 0.00 g. 0.00 h. 0.00 i. 0.00 j. 0.00 TOTAL 0.00 0.00 0.00 2. Community Services Expenditures Included in the expenditures reported in Section B are the following amounts expended for Community Services paid out of state and local funds: Amount Objects of Expenditures (Enter "0.00" if none) a. Certificated Personnel Salaries $ 0.00 b. Noncertificated Personnel Salaries 0.00 c. Employee Benefits 0.00 d. Books and Supplies 0.00 e. Services and Other Operating Expenditures 0.00 TOTAL COMMUNITY SERVICES EXPENDITURES 0.00 Page 4 of 4 9/24/2010 4:31 PM