HIGHLIGHTS OF CHANGES IN EXPENSES - YEAR OVER YEAR COMPARISON

SUMMARY MARCH 2015 OPERATION RESULTS The surplus on an accrual basis, excluding construction & the facility incentive grant, for the Nine Months ended March 31, 2015 was 2,050,926. COST MANAGEMENT Overall expenses for the Nine Months ended March 31, 2015 were higher versus last year by 198,009 an increase of 2.03%. Expenses for the year are projected to rise in the mid single digits. HIGHLIGHTS OF CHANGES IN EXPENSES YEAR OVER YEAR COMPARISON Increase in Outside Consultant expense of 325,193 due to increased Special Education consultants (134,284), Keck preschool substitutes (72,571), WestEd common core training (139,400) and decrease in Temporary Office staff. Current projected increase in Outside Consultant expense will be in excess of 320,000. Increase in Outside Substitutes of 116,297 Current projected increased in expense versus last year for Outside substitutes is approximately 125,000, primarily for teacher coverage during Common Core training. Increase in Instructional materials of 58,412 Increase in Food Service wages of 34,314 Increase in Net Teacher wages of 29,453 Increase in Capitalized equipment of 24,425 for security camera system Increase in LAUSD oversight fee of 22,041 Increase in School security wages of 21,573 Increase in outside food costs of 12,573 Decrease in Special Education fair share fee to LAUSD of 152,928 Decrease in Administrative wages of 95,119 Decrease in Food costs of 61,432 Decrease in Accounting and Legal of 45,258 Decrease in Group Medical insurance of 24,468 Decrease in Travel and Conferences of 20,398 Decrease in Interest expense of 18,204 Decrease in Classified Administrative and Clerical wages of 12,638 Decrease in Other supplies of 10,888 FINANCIALS 315 4/24/2015

The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/14 AS OF 3/31/14 AS OF 3/31/14 Accelerated Charter Wallis Annenberg High The Accelerated Charter Wallis Annenberg The Accelerated School Elementary School School Total School Elementary High School Assets Current Assets Cash & Cash Equivalents Cash In County Treasury 5,654,910 1,466,870 4,891,237 12,013,017 3,846,385 843,981 3,891,122 Cash in bank Aces ConstructionCounty & CCU 317,705 317,705 599,911 Cash in bank Keck Pre SchoolWells 51,953 51,953 84,459 Cash in bankstudent BodyWAHSCCU 12,936 12,936 12,936 Cash in BankCafeteriaCCU 136,487 136,487 28,452 Loan Repayment Bank AccountWELLS 34,943 34,943 34,943 Cash in bank TAS (CCU & Wells) 152,356 152,356 108,695 Petty Cash 500 500 500 Cash in bank WAHS (CCU & Wells) 139,277 139,277 119,723 Cash in bank ACES (CCU & Wells) 69,234 69,234 90,315 Total Cash & Cash Equivalents 6,031,149 1,853,809 5,043,450 12,928,408 4,103,434 1,534,207 4,023,781 Accounts Receivable Accounts Receivable 7,585 2,395 7,513 17,493 3,014 513 3,736 Total Accounts Receivable 7,585 2,395 7,513 17,493 3,014 513 3,736 Intraschool Receivable (Payable) Intercompany TAS (22,027) 19,055 (2,972) (23,276) (52,867) Intercompany WAHS (19,055) (19,055) 52,867 Intercompany ACES 22,027 22,027 23,276 Total Interfund Balances 2,972 (22,027) 19,055 76,143 (23,276) (52,867) Prepaid Expenses Prepaid Expenses 20,184 26,500 46,684 16,992 Earned Salary Advance Total Prepaid Expenses 20,184 26,500 46,684 16,992 Total Current Assets 6,061,890 1,860,677 5,070,018 12,992,585 4,199,583 1,511,444 3,974,650 Longterm Assets Property & Equipment Building 49,345,453 49,345,453 49,271,144 Acc. Depr Building (8,086,461) (8,086,461) (7,111,541) Equipment 959,350 959,350 959,350 Acc. Depr Equipment (935,751) (935,751) (934,894) Site costs 7,211,702 7,211,702 6,584,907 Total Property & Equipment 41,282,591 7,211,702 48,494,293 42,184,059 6,584,907 Total Longterm Assets 41,282,591 7,211,702 48,494,293 42,184,059 6,584,907 Total Assets 47,344,481 9,072,379 5,070,018 61,486,878 46,383,642 8,096,351 3,974,650 FINANCIALS 315 4/24/2015

The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/14 AS OF 3/31/14 AS OF 3/31/14 The Accelerated School Accelerated Charter Elementary School Wallis Annenberg High School Total The Accelerated School Charter Elementary Wallis Annenberg High School Liabilities Shortterm Liabilities Accounts Payable Accounts Payable Current 131,081 11,639 42,286 185,006 40,270 12,812 15,553 AP ACES Construction 36,975 36,975 3,231 Accounts Payable Cafeteria 31,565 31,565 1,556 Accounts Payable Keck 7,248 7,248 7,683 Total Accounts Payable 169,894 48,614 42,286 260,794 49,509 16,043 15,553 Accrued Payroll and Related Salaries Payable 204,364 48,185 81,550 334,099 144,378 35,007 59,869 Payroll Taxes Payable 25,891 7,638 13,164 46,693 66,567 16,793 30,647 W/C Insurance Payable 9,181 2,629 4,293 16,103 7,814 1,953 3,482 Tax Shelter Annuity Payable (750) (750) 3,400 200 Accrued Interest & Expenses 47,346 19,488 9,068 75,902 6,510 3,287 5,621 Deferred Revenue Energy Current portion of long term debt 465,839 465,839 465,839 Union Dues (1,667) (751) (1,332) (3,750) 1,614 694 1,396 Total Accrued Payroll and Related 750,204 77,189 106,743 934,136 696,122 57,734 101,215 Accrued Vacation Payable Accrued Vacation Payable 163,611 50,653 58,449 272,713 237,207 47,075 45,340 Total Accrued Vacation Payable 163,611 50,653 58,449 272,713 237,207 47,075 45,340 Total Shortterm Liabilities 1,083,709 176,456 207,478 1,467,643 982,838 120,852 162,108 Longterm Liabilities Notes Payable Loans 3,124,467 3,124,467 3,741,198 Total Notes Payable 3,124,467 3,124,467 3,741,198 Total Longterm Liabilities 3,124,467 3,124,467 3,741,198 Total Liabilities 4,208,176 176,456 207,478 4,592,110 4,724,036 120,852 162,108 Net Assets Beginning Net Assets Net Assets Fund Balance Board Designated Expenditures 1,338,275 408,609 790,483 2,537,367 987,093 294,760 578,649 Fund BalanceBoard DesignatedReplacement 588,817 110,874 188,088 887,779 392,545 73,916 125,392 Fund BalanceBoard Designated Vacation 115,448 33,253 40,017 188,718 170,507 31,287 60,688 Fund Balance Board Designated Debt Service 394,743 265,486 660,229 414,638 269,062 Total Fund Balance Board Designated 2,437,283 552,736 1,284,074 4,274,093 1,964,783 399,963 1,033,791 Beginning Fund Balance 39,714,504 7,601,343 2,716,346 50,032,193 39,302,907 5,977,024 2,407,531 Audit adjustments Other Restatements Total Beginning Net Assets 42,151,787 8,154,079 4,000,420 54,306,286 41,267,690 6,376,987 3,441,322 Total Current YTD Net Income (Loss) 984,518 741,844 862,120 2,588,482 391,916 1,598,512 371,220 Total Net Assets 43,136,305 8,895,923 4,862,540 56,894,768 41,659,606 7,975,499 3,812,542 Total Liabilities and Net Assets 47,344,481 9,072,379 5,070,018 61,486,878 46,383,642 8,096,351 3,974,650 0 0 0 0 0 0 FINANCIALS 315 4/24/2015

The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/14 Total 8,581,488 599,911 84,459 12,936 28,452 34,943 108,695 500 119,723 90,315 9,661,422 7,263 7,263 (76,143) 52,867 23,276 16,992 16,992 9,685,677 49,271,144 (7,111,541) 959,350 (934,894) 6,584,907 48,768,966 48,768,966 58,454,643 FINANCIALS 315 4/24/2015

The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/14 Total 68,635 3,231 1,556 7,683 81,105 239,254 114,007 13,249 3,600 15,418 465,839 3,704 855,071 329,622 329,622 1,265,798 3,741,198 3,741,198 3,741,198 5,006,996 1,860,502 591,853 262,482 683,700 3,398,537 47,687,462 51,085,999 2,361,648 53,447,647 58,454,643 FINANCIALS 315 4/24/2015

The Accelerated School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) REVENUE Accrual TOTAL Local Control Funding Formula General Purpose LCFF 184,368 184,368 331,863 331,863 331,863 331,863 331,863 300,078 300,078 2,628,207 (64,169) 2,564,038 2,091,387 472,651 In Lieu Prop Tax 63,229 126,458 84,305 84,305 84,305 84,305 84,305 147,534 137,996 896,742 (34,926) 861,816 975,801 (113,985) Categorical Block Grant (2) (2) (4) (4) (4) Education Protection Act 201,427 201,427 217,063 619,917 (15,693) 604,224 481,800 122,424 Total LCFF Revenue 617,595 617,595 655,135 4,144,862 (114,788) 4,030,074 3,548,988 481,086 247,597 310,826 416,168 416,168 416,168 447,610 Federal Revenues NCLB Title I 75,286 59,720 81,234 216,240 3,867 220,107 189,228 30,879 NCLB Title II 1,014 3,070 4,084 4,084 3,144 940 NCLB Title III 6,699 19,886 47 26,632 26,632 19,371 7,261 Special Ed IDEA 8,405 16,811 11,208 11,207 11,207 11,207 11,207 19,613 10,543 111,408 (8,215) 103,193 96,368 6,825 Child Nutrition 9,192 39,182 359,160 29,841 36,056 210,296 683,727 185,946 869,673 854,310 15,363 Other Federal Revenue 12,420 (4,167) 8,253 8,253 14,228 (5,975) Total Federal Revenues 29,231 297,953 1,050,344 181,598 1,231,942 1,176,649 55,293 8,405 86,494 28,112 50,389 430,087 60,934 58,739 State Revenues Special EducationAB602 23,682 47,364 31,576 31,576 31,576 31,576 31,577 55,258 29,703 313,888 (28,977) 284,911 285,277 (366) State Lottery Non prop 20 2,215 26,826 29,041 41,646 70,687 69,582 1,105 State Lottery Prop 20 2,515 567 3,082 16,898 19,980 19,261 719 Child Nutrition State 3,802 471 30,329 294 6,446 8,107 49,449 15,433 64,882 62,285 2,597 ASES After School 80,931 80,931 3,735 84,666 90,891 (6,225) Other State Revenues 180 9,873 52,428 64,266 1,911 29,409 158,067 (30,088) 127,979 56,747 71,232 Total State Revenues 40,288 41,920 114,333 123,530 63,615 67,219 634,458 18,647 653,105 584,043 69,062 23,682 128,295 31,576 Local Revenues Food Service Sales 1,890 4,014 3,734 1,602 1,266 1,298 1,689 1,012 16,505 16,505 39,828 (23,323) Rent Wallis Annenberg 22,124 22,124 22,124 22,123 22,124 22,124 22,124 22,124 22,124 199,115 199,115 202,674 (3,559) Interest 11 12 8 7 8 7,022 14 7,591 15 14,688 14,688 7,296 7,392 Keck Center 39,336 37,488 40,293 39,468 39,039 38,181 38,181 271,986 271,986 298,870 (26,884) Fundraising/Others 6,996 6,884 1,111 106 15,097 10,675 25,772 18,745 7,027 Grants and Donations 1,346 3,808 424 11,919 9,366 2,500 2,396 25,748 2,708 60,215 (2,366) 57,849 55,905 1,944 LA Best 3,738 2,793 7,449 2,786 16,766 10,257 27,023 29,344 (2,321) Other Local Revenues 25 25 2,520 5 40 26 2,641 2,641 8,005 (5,364) Reimbursement School expenses 2,840 4,350 1,390 9 110 931 2,658 12,288 12,288 7,978 4,310 Total Local Revenues 23,481 30,699 70,281 89,915 83,079 81,050 64,876 99,090 66,830 609,301 18,566 627,867 668,645 (40,778) Total Revenue 303,165 499,051 805,946 574,483 591,556 1,243,065 665,508 669,054 1,087,137 6,438,965 104,023 6,542,988 5,978,325 564,663 W/O Incentive Grant FINANCIALS 315 6 4/24/2015

The Accelerated School Expenditures Certificated Salaries 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Teachers 124,918 122,168 131,343 131,343 124,646 131,343 131,343 140,973 1,038,077 1,069,021 (30,944) Substitutes 1,547 7,535 10,444 10,281 5,817 4,134 6,213 8,832 12,150 66,953 77,654 (10,701) Teachers Extra pay 1,631 1,218 2,744 6,998 5,320 4,893 10,059 11,201 9,191 53,255 26,084 27,171 Administrators 39,031 35,913 27,508 31,325 36,249 49,775 31,495 31,495 37,663 320,454 425,304 (104,850) Total Certificated Salaries 42,209 169,584 162,864 179,947 178,729 183,448 179,110 182,871 199,977 1,478,739 1,598,063 (119,324) Classified Salaries Keck teachers & Staff 4,002 12,925 15,630 13,906 8,867 8,802 8,498 12,782 13,963 99,375 104,933 (5,558) Instructional Aides 1,192 6,780 7,376 8,701 5,684 6,354 7,714 7,398 8,576 59,775 61,640 (1,865) Classified Admin. and Office 33,380 32,148 33,521 34,619 32,961 31,795 34,392 31,613 34,044 298,473 312,186 (13,713) Facility maintenance 9,950 11,005 11,942 12,558 9,580 11,625 12,041 10,973 12,836 102,510 105,293 (2,783) Security 2,615 6,715 9,019 10,423 6,370 8,455 9,134 9,643 10,506 72,880 55,640 17,240 Food Services 16,490 24,382 31,290 31,353 25,323 24,098 24,871 27,178 32,173 237,158 202,844 34,314 After School Program 812 5,282 6,871 12,105 7,033 7,440 10,156 10,386 10,628 70,713 70,183 530 Total Classified Salaries 68,441 99,237 115,649 123,665 95,818 98,569 106,806 109,973 122,726 940,884 912,719 28,165 Employee Benefits STRS Certificated 3,707 13,358 14,164 15,443 14,912 14,394 15,368 15,702 15,822 122,870 128,221 (5,351) Medicare Certificated 597 2,440 2,343 2,490 2,410 2,325 2,484 2,539 2,558 20,186 22,336 (2,150) Medicare Classified 967 1,403 1,606 1,845 1,449 1,452 1,604 1,648 1,747 13,721 12,926 795 Social Security (OASDI) Classified 4,135 6,130 6,864 7,271 5,581 5,961 6,858 7,045 7,468 57,313 55,646 1,667 H&W Certificated 16,660 14,634 16,569 22,676 22,134 21,254 22,423 21,996 22,301 180,647 206,690 (26,043) H&W Classified 12,355 10,304 11,832 10,816 10,009 9,642 9,537 10,210 10,245 94,950 94,065 885 State Unemployment Certificated 20 467 79 517 82 79 338 86 87 1,755 2,328 (573) State Unemployment Classified 31 313 53 444 47 46 726 54 58 1,772 410 1,362 Workers Comp Certificated (911) 1,535 3,971 4,280 4,878 3,745 4,705 4,627 4,638 31,468 35,232 (3,764) Workers Comp Classified 175 573 2,885 3,212 2,996 2,333 3,071 3,032 3,197 21,474 19,826 1,648 Total Employee Benefits 37,736 51,157 60,366 68,994 64,498 61,231 67,114 66,939 68,121 546,156 577,680 (31,524) Books and Supplies Textbooks 2,577 9,241 825 12,643 27,424 (14,781) Professional and Other Books 3,094 1,937 164 670 5,865 1,849 4,016 Instructional Materials 10,594 23,350 11,426 3,664 6,659 2,399 6,803 1,951 2,061 68,907 40,604 28,303 Computer equip. & software 214 366 1,122 336 455 240 114 2,847 8,531 (5,684) Office supplies 169 340 305 889 936 2,469 1,577 1,446 57 8,188 7,493 695 Janitorial supplies 1,812 3,001 4,565 4,849 2,367 2,342 4,424 3,588 3,269 30,217 29,575 642 Cafeteria supplies 2,177 3,362 3,536 2,595 2,269 4,245 2,793 3,487 24,464 27,678 (3,214) Food Meetings 1,227 2,905 2,448 1,780 775 4,971 315 614 289 15,324 9,208 6,116 Other Supplies 3,337 3,446 2,718 8,787 4,163 5,310 2,544 4,203 1,423 35,931 35,124 807 Noncapital Equipment 8,853 2,700 11,553 4,637 6,916 Food cost 4,325 38,489 56,955 55,241 33,707 38,343 53,017 43,840 44,792 368,709 430,141 (61,432) Total Books and Supplies 27,349 84,864 95,006 79,082 52,482 58,103 73,835 58,435 55,492 584,648 622,264 (37,616) Other Operating Expenses Travel and Conferences (735) 806 1,635 639 1,050 1,126 45 (85) 4,481 17,455 (12,974) Dues and Memberships 11,918 2,679 179 1,791 15 3,623 3,762 2,480 15 26,462 41,502 (15,040) Insurance 46,380 46,380 48,255 (1,875) Utilities 14,242 18,307 20,018 12,399 16,398 11,980 10,996 12,679 14,607 131,626 135,576 (3,950) Trash disposal 420 420 826 654 654 654 359 691 691 5,369 4,809 560 Rents and rentals Repairs 2,831 3,847 1,834 3,261 4,361 4,873 5,157 12,037 6,402 44,603 49,457 (4,854) Service contracts 1,249 5,121 5,782 3,159 6,157 5,883 4,163 5,443 6,072 43,029 37,958 5,071 Other contracted serviceslacoe 2 2,453 2 426 1,390 522 924 5,719 6,259 (540) Student activities 504 1,260 1,503 185 1,287 176 2,087 4,692 11,694 13,401 (1,707) Accounting & Legal 65 6,599 2,389 5,170 2,244 8,952 440 885 26,744 49,906 (23,162) License and fees 146 1,665 201 1,046 268 3,326 1,197 2,129 Computer services 1,552 (1,552) Outside consultants 10,674 25,550 72,447 93,724 40,050 32,101 34,605 55,399 76,371 440,921 236,176 204,745 Outside substitutes 3,022 7,144 10,130 12,780 2,288 8,453 9,059 12,599 65,475 19,817 45,658 Fingerprints and medical 456 957 1,248 81 441 261 360 (115) 3,689 2,248 1,441 Other charges 6,357 12,896 8,557 8,558 8,557 8,556 8,557 29,948 (6,925) 85,061 162,476 (77,415) Other services 867 883 1,750 481 174 145 250 849 164 5,563 7,465 (1,902) Communications 1,435 731 4,990 3,853 4,213 4,048 (13,517) 825 857 7,435 16,533 (9,098) Total Other Operating Expenses 96,663 81,820 130,205 144,270 100,048 80,721 73,609 132,819 117,422 957,577 852,042 105,535 Capital Outlay Capitalized purchases 24,425 24,425 0 24,425 Depreciation Expense 81,456 81,456 81,456 81,456 81,747 81,746 81,746 81,747 81,893 734,703 734,546 157 Total Capital Outlay 81,456 81,456 105,881 81,456 81,747 81,746 81,746 81,747 81,893 759,128 734,546 24,582 Other Outgo LAUSD Oversight Fees (2,711) 11,588 2,920 4,970 3,942 3,946 3,945 6,905 6,619 42,124 31,837 10,287 Interest on Debt Service 16,199 16,199 16,199 16,199 16,199 16,199 16,199 16,200 15,598 145,191 163,395 (18,204) Total Other Outgo 13,488 27,787 19,119 21,169 20,141 20,145 20,144 23,105 22,217 187,315 195,232 (7,917) Total Expenditures 367,342 595,905 689,090 698,583 593,463 583,963 602,364 655,889 667,848 5,454,447 5,492,546 (38,099) Increase (Decrease) Increase (Decrease) in Net Assets (64,177) (96,854) 116,856 (124,100) (1,907) 659,102 63,144 13,165 419,289 984,518 485,779 498,739 ADDITIONAL ACCRUED REVENUE 104,023 104,023 ACCRUED REVENUE CHANGE 39,700 (18,036) 302,208 208,609 (501,138) 194,957 144,874 (267,151) FACILITY INCENTIVE GRANT (62,499) (20,833) (83,332) (83,332) Adjusted Net Increase (Decrease) in Net Assets (64,177) (57,154) 98,820 178,108 206,702 157,964 195,602 158,039 152,138 1,005,209 485,779 519,430 FINANCIALS 315 7 4/24/2015

The Accelerated School % Change REVENUE Local Control Funding Formula General Purpose LCFF In Lieu Prop Tax Categorical Block Grant Education Protection Act Total LCFF Revenue 22.60% 11.68% 25.41% 13.56% Federal Revenues NCLB Title I NCLB Title II NCLB Title III Special Ed IDEA Child Nutrition Other Federal Revenue Total Federal Revenues 16.32% 29.90% 37.48% 7.08% 1.80% 41.99% 4.70% State Revenues Special EducationAB602 State Lottery Non prop 20 State Lottery Prop 20 Child Nutrition State ASES After School Other State Revenues Total State Revenues 0.13% 1.59% 3.73% 4.17% 6.85% 125.53% 11.82% Local Revenues Food Service Sales Rent Wallis Annenberg Interest Keck Center Fundraising/Others Grants and Donations LA Best Other Local Revenues Reimbursement School expenses Total Local Revenues Total Revenue W/O Incentive Grant 58.56% 1.76% 101.32% 9.00% 37.49% 3.48% 7.91% 67.01% 54.02% 6.10% 9.45% 8.05% FINANCIALS 315 8 4/24/2015

The Accelerated School % Change Expenditures Certificated Salaries Teachers Substitutes Teachers Extra pay Administrators Total Certificated Salaries Classified Salaries Keck teachers & Staff Instructional Aides Classified Admin. and Office Facility maintenance Security Food Services After School Program Total Classified Salaries Employee Benefits STRS Certificated Medicare Certificated Medicare Classified 2.89% 13.78% 104.17% 24.65% 7.47% 5.30% 3.03% 4.39% 2.64% 30.98% 16.92% 0.76% 3.09% 4.17% 9.63% 6.15% Social Security (OASDI) Classified H&W Certificated H&W Classified State Unemployment Certificated State Unemployment Classified Workers Comp Certificated Workers Comp Classified Total Employee Benefits Books and Supplies Textbooks Professional and Other Books Instructional Materials Computer equip. & software Office supplies Janitorial supplies Cafeteria supplies Food Meetings Other Supplies Noncapital Equipment Food cost Total Books and Supplies Other Operating Expenses Travel and Conferences Dues and Memberships Insurance Utilities Trash disposal Rents and rentals Repairs Service contracts Other contracted serviceslacoe Student activities Accounting & Legal License and fees Computer services Outside consultants Outside substitutes Fingerprints and medical Other charges Other services Communications Total Other Operating Expenses Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees Interest on Debt Service Total Other Outgo Total Expenditures Increase (Decrease) in Net Assets 3.00% 12.60% 0.94% 24.61% 332.20% 10.68% 8.31% 5.46% 53.90% 217.20% 69.70% 66.63% 9.28% 2.17% 11.61% 66.42% 2.30% 149.15% 14.28% 6.05% 74.33% 36.24% 3.89% 2.91% 11.64% #DIV/0! 9.81% 13.36% 8.63% 12.74% 46.41% 177.86% 100.00% 86.69% 230.40% 64.10% 47.65% 25.48% 55.03% 12.39% 0.02% 3.35% 32.31% 11.14% 4.06% 0.69% 102.67% ADDITIONAL ACCRUED REVENUE ACCRUED REVENUE CHANGE FACILITY INCENTIVE GRANT Adjusted Net Increase (Decrease) in Net Assets 106.93% FINANCIALS 315 9 4/24/2015

THE ACCELERATED SCHOOL CURRENT YEAR REVENUES AND AR 20885CY REVENUE MARCH Revenues Received Resource Obj Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 Jan15 Feb15 Mar15 Total Revenue Per GL Est. Revenue Revenue Accrued Revenue % REVENUE LIMIT 00000.0 8015 GP ENT 184,368.00 184,368.00 331,863.00 331,863.00 331,863.00 331,863.00 331,863.00 306,008.00 306,008.00 2,640,067.00 3,552,999 73% 2,593,689 (46,378) 00000.0 8015 GP ENT PY (5,930.00) (5,930.00) (11,860.00) (29,651) 100% (29,651) (17,791) 14000.0 8012 EPA 201,427.00 201,427.00 217,063.00 619,917.00 823,118 73% 600,876 (19,041) EPAPY 3,348 100% 3,348 3,348 x 00000.0 8015 Correct PY GP 00000.0 8096 PROPERTY TAXES 63,228.84 126,457.68 84,305.12 84,305.12 84,305.12 84,305.12 84,305.12 173,836.96 137,995.98 923,045.06 1,180,570 73% 861,816 (61,229) 00000.0 8780 PROPERTY TAXES PY ADJ 26,303 100% 26303 26303 00000.0 CATERGORICAL BLOCK GRANT (2.00) (2.00) (4.00) A/R ADJUSTMENT 5,556,686 FEDERAL REVENUES 33100.0 8181 SPECIAL EDUCATION IDEA 8,405.46 16,810.93 11,207.28 11,207.28 11,207.28 11,207.28 11,207.28 19,612.75 10,542.41 111,407.95 141,360 73% 103,193 (8,215) 33100.0 8181 SPECIAL EDUCATION PRIOR YEAR ADJ 53100.0 8220 NATIONAL SCHOOL LUNCH FEDERAL 9,184.16 39,181.54 348,536.48 30,081.50 36,056.49 210,295.53 673,335.70 185,946 185,946 53100.0 8220 NATIONAL SCHOOL LUNCH FEDERALPY 8.00 10,623.71 (240.80) 10,390.91 53140.0 8290 EQUIPMENT ASSISTANCE 12,420.00 (4,167.37) 8,252.63 8253 0 30100.0 8291 TITLE I BASIC 75,286.00 59,720.00 81,234.00 216,240.00 301,517 73% 220,107 3,867 30100.0 8291 TITLE I BASIC PY 40350.0 8292 TITLE II TEACHER QUALITY 1,014.00 3,070.00 4,084.00 4,084 100% 4,084 42010.0 8293 TITLE III IMMIGRANT 47.00 47.00 47.00 141.00 186 42030.0 8293 TITLE III LEP 6,652.00 19,839.00 26,491.00 26,491 100% 26,491 42030.0 8290 TITLE III LEP PY 00000.0 8294 ERate STATE REVENUES 65000.0 8311 SPECIAL EDUCATION AB602 23,682.20 47,364.40 31,576.27 31,576.27 31,576.27 31,576.27 31,576.27 55,258.47 29,703.00 313,889.42 390,292 73% 284,913 (28,977) 65000.0 8590 SPECIAL EDUCATION OPTION 3 GRANT 9,928.86 1,910.82 8,576.18 20,415.86 20,416 5% 1021 (19,395) 00000.0 8550 MANDATED COSTSMANDATE BACKLOG 9,873.00 42,499.00 52,372.00 57,094 73% 41,679 (10,693) 11000.0 8560 STATE LOTTERY 26,826.33 26,826.33 93,472 73% 68,235 41,408 11000.0 8560 STATE LOTTERY PY Adj 2,214.85 2,214.85 3,360 73% 2,453 238 63000.0 8561 STATE LOTTERY 24,288 73% 17,730 17,730 63000.0 8561 STATE LOTTERY PY Adj 2,514.77 567.12 3,081.89 3,082 73% 2,250 (832) 53100.0 8520 CHILD NUTRITION STATE 868.62 471.07 30,464.44 294.45 6,445.80 8,107.41 46,651.79 15433 15,433 53100.0 8520 CHILD NUTRITION STATEPY 2,933.33 (134.86) 2,798.47 00000.0 8590 OTHER STATE REVENUE 1,767.00 1,767.00 62300.0 8590 CALIFORNIA ENERGY CLEAN JOBS 60100.0 8591 ASES 80,930.85 80,930.85 124,509 68% 84,666 3,735 60300.0 8599 FACILITY INCENTIVE GRANT PROGRAM 62,499.00 20,833.00 83,332.00 00000.0 8598 Testing 00000.0 8597 SSIM 179.98 179.98 LOCAL REVENUES 53100.0 8634 LOCAL FOOD SALES 1,890.05 2,473.03 2,279.90 1,331.25 1,265.50 1,297.95 1,689.20 1,012.50 13,239.38 53100.0 8634 LOCAL FOOD SALESPY 53100.0 8635 INTERSCHOOL SALES 1,540.92 1,454.10 270.55 3,265.57 00000.0 8660 INTEREST 5.07 6.02 3.61 5.11 7.02 7,002.77 7.34 7,571.80 7.24 14,615.98 53100.0 8660 INTERESTFOOD SERVICE 5.27 6.30 4.78 1.82 0.74 5.36 6.94 6.03 7.88 45.12 90018.0 8660 INTERESTKECK 00000.0 8660 INTERESTFederal interest payment over 100 00000.0 8660 INTERESTFUND 09.1 14.02 13.55 27.57 00000.0 8692 Reimb. School expense 2,840.00 4,350.00 1,389.34 10.00 110.00 931.00 2,659.48 12,289.82 53100.0 8692 Reimb. School expense 00000.0 8688 WAHS RENT PAYMENT 22,123.83 22,123.83 22,123.83 22,123.83 22,123.83 22,123.83 22,123.83 22,123.83 22,123.83 199,114.47 90018.0 8694 KeckLAUP 39,336.00 37,488.00 40,293.00 39,468.00 39,039.00 38,181.00 38,181.00 271,986.00 90023.0 8695 LA BEST 3,738.38 2,793.21 7,448.87 2,785.50 16,765.96 10256 10,256 90023.0 8639 ALL OTHER SALES 90015.1 8693 Fundraising School activitiesbox Tops 766.30 766.30 00000.0 8699 OTHER LOCAL REVENUES 25.00 25.00 2,520.00 5.00 40.00 25.80 2,640.80 8699 Microsoft voucher program 27,775 73% 20276 00000.0 8693 Fundraising School activities 5,939.00 164.00 6,103.00 33% 2013.99 (4,089) 90014.0 8696 FundraisingGrantsPAT 8,764.00 8,764.00 73% 6,398 (2,366) 90018.0 8693 Fundraising School activities 6,996.35 945.00 180.00 105.75 8,227.10 33% 2,715 (5,512) 00000.0 8696 FundraisingGrants 2,655.00 7,500.00 25,700.00 35,855.00 00000.0 8697 Fundraising Contributions 1,346.17 3,807.72 424.13 500.00 1,866.17 2,500.00 2,396.17 47.64 2,707.66 15,595.66 TOTAL 303,164.84 499,050.78 805,945.97 574,484.21 591,557.05 1,243,064.95 665,508.50 695,356.84 1,087,137.28 6,465,270.42 104,023 FINANCIALS 315 4/24/2015

Accelerated Charter Elementary School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) REVENUE Accrual TOTAL Local Control Funding Formula General PurposeLCFF 68,694 68,694 123,648 123,648 123,648 123,648 123,648 126,751 126,751 1,009,130 (6,669) 1,002,461 728,985 273,476 In Lieu Prop Tax 23,934 47,868 31,912 31,912 31,912 31,912 31,912 55,846 65,653 352,861 410 353,271 397,967 (44,696) Categorical Block Grant (1) (1) (1) (1) Education Protection Act 75,139 75,139 94,783 245,061 (7,920) 237,141 178,850 58,291 Total LCFF Revenue 92,628 116,562 230,699 155,560 155,560 230,699 155,560 182,596 287,187 1,607,051 (14,179) 1,592,872 1,305,802 287,070 Federal Revenues NCLB Title I 29,355 46,179 42,345 117,879 (31,827) 86,052 43,350 42,702 NCLB Title II 400 1,209 1,609 1,609 1,028 581 NCLB Title III 3,630 10,688 70 14,388 14,388 8,243 6,145 Special Ed IDEA 3,182 6,363 4,242 4,242 4,242 4,242 4,242 7,424 5,597 43,776 (5,485) 38,291 36,471 1,820 Child Nutrition Other Federal Revenue Total Federal Revenues 3,182 6,363 33,597 8,272 4,242 50,421 14,930 8,633 48,012 177,652 (37,312) 140,340 89,092 51,248 State Revenues Special EducationAB602 8,964 17,929 11,952 11,953 11,953 11,953 11,952 20,917 15,770 123,343 (15,455) 107,888 107,941 (53) State Lottery Non prop 20 705 15,820 16,525 14,298 30,823 27,256 3,567 State Lottery Prop 20 800 1,707 2,507 6,044 8,551 7,193 1,358 Child Nutrition State ASES After School 73,125 73,125 9,000 82,125 73,912 8,213 Other State Revenues 68 3,737 22,591 76,500 319 4,382 107,597 25,045 132,642 228,861 (96,219) Total State Revenues 13,526 15,690 34,544 105,979 21,236 20,152 323,097 38,932 362,029 445,163 (83,134) 8,964 91,054 11,952 Local Revenues Food Service Sales Rent Wallis Annenberg Interest 3 5 7 8 11 2,543 17 2,408 11 5,013 5,013 1,217 3,796 Keck Center Fundraising/Others 7,478 (7,478) Grants and Donations 136,850 100,000 100,000 162 337,012 (500) 336,512 1,215,570 (879,058) LA Best Other Local Revenues 2,920 4,130 4,668 11,718 11,718 10,874 844 Reimbursement School expenses Total Local Revenues 3 5 7 139,778 100,011 102,543 4,147 2,570 4,679 353,743 (500) 353,243 1,235,139 (881,896) Total Revenue 104,777 213,984 276,255 317,136 275,503 418,207 280,616 215,035 360,030 2,461,543 (13,059) 2,448,484 3,075,196 (626,712) W/O Construction FINANCIALS 315 11 4/24/2015

Accelerated Charter Elementary School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) Expenditures Certificated Salaries Teachers 60,996 63,320 60,996 60,620 62,182 56,708 60,222 65,325 490,369 443,609 46,760 Substitutes 2,586 4,520 2,100 525 9,731 3,450 6,281 Teachers Extra pay 6,545 210 112 532 826 196 525 168 854 9,968 5,120 4,848 Administrators 13,571 19,393 17,580 13,969 12,353 15,746 14,109 14,109 16,622 137,452 105,133 32,319 Total Certificated Salaries 20,116 80,599 81,012 75,497 73,799 80,710 75,862 76,599 83,326 647,520 557,312 90,208 Classified Salaries Keck teachers & Staff Instructional Aides 5,914 5,123 7,669 8,925 5,369 5,613 5,720 5,302 4,519 54,154 47,714 6,440 Classified Admin. and Office 11,144 12,686 12,473 14,463 13,498 14,419 15,164 14,933 15,734 124,514 121,232 3,282 Facility maintenance 1,834 2,179 2,611 2,669 2,379 2,725 2,690 2,627 2,912 22,626 20,300 2,326 Security 319 4,368 5,844 6,620 4,256 4,454 5,510 5,517 4,669 41,557 34,076 7,481 Food Services After School Program 1,500 7,747 8,048 9,755 7,573 9,461 10,660 9,351 8,594 72,689 73,651 (962) Total Classified Salaries 20,711 32,103 36,645 42,432 33,075 36,672 39,744 37,730 36,428 315,540 296,973 18,567 Employee Benefits STRS Certificated 1,653 6,846 6,645 6,526 6,532 6,462 6,532 6,531 6,593 54,320 44,575 9,745 Medicare Certificated 270 1,107 1,075 1,053 1,054 1,043 1,059 1,068 1,067 8,796 7,761 1,035 Medicare Classified 321 515 595 643 507 524 604 575 513 4,797 4,243 554 Social Security (OASDI) Classified & Cerificated 1,374 2,202 2,545 2,749 2,168 2,239 2,601 2,522 2,209 20,609 18,361 2,248 H&W Certificated 10,092 12,046 12,813 13,025 11,942 12,324 12,897 12,732 12,535 110,406 106,147 4,259 H&W Classified 4,593 1,864 2,124 3,176 3,174 3,626 3,930 3,540 3,504 29,531 22,303 7,228 State Unemployment Certificated 10 150 38 107 37 37 52 37 37 505 2,901 (2,396) State Unemployment Classified 12 90 21 23 18 19 22 21 19 245 199 46 Workers Comp Certificated 84 497 1,965 1,902 2,156 1,630 2,174 1,959 2,046 14,413 12,032 2,381 Workers Comp Classified 317 346 1,076 1,147 1,058 766 1,242 1,039 983 7,974 6,851 1,123 Total Employee Benefits 18,726 25,663 28,897 30,351 28,646 28,670 31,113 30,024 29,506 251,596 225,373 26,223 Books and Supplies Textbooks 3,063 3,063 20,295 (17,232) Professional and Other Books 279 279 1,257 (978) Instructional Materials 4,278 10,802 11,495 4,719 3,871 12,585 4,565 1,157 7,302 60,774 39,162 21,612 Computer equip. & software 16 16 143 (127) Office supplies 6 321 94 153 306 880 1,782 (902) Janitorial supplies 37 520 321 1,221 986 553 674 159 4,471 3,190 1,281 Cafeteria supplies Food Meetings 972 375 236 301 276 81 246 115 2,602 304 2,298 Other Supplies 565 106 44 197 168 258 1,796 455 1,782 5,371 4,150 1,221 Noncapital Equipment 1,224 2,021 3,245 3,245 Food Services Total Books and Supplies 4,880 16,167 12,440 5,473 5,898 14,199 7,427 2,532 11,685 80,701 70,283 10,418 Other Operating Expenses Travel and Conferences 1,500 813 1,216 799 75 150 400 4,953 11,612 (6,659) Dues and Memberships 4,510 575 1,050 442 1,405 1,379 950 10,311 6,906 3,405 Insurance 18,275 18,275 15,153 3,122 Utilities 587 806 3,063 1,722 731 616 2,021 1,878 595 12,019 11,902 117 Trash disposal 171 341 341 341 341 341 182 351 351 2,760 2,899 (139) Rents and rentals 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 20,516 156,516 144,000 12,516 Repairs 1,818 6,164 4,506 155 741 70 4,037 17,491 12,175 5,316 Service contracts 527 528 1,478 528 592 592 528 909 528 6,210 5,263 947 Other contracted serviceslacoe 1,363 179 1,165 181 216 3,104 3,399 (295) Student activities 495 186 681 4,545 (3,864) Accounting & Legal 154 4,590 436 1,655 135 4,761 11,731 14,333 (2,602) License and fees 30 30 30 Computer services Outside consultants 639 5,731 3,043 24,120 6,660 4,184 3,639 16,943 31,706 96,665 44,038 52,627 Outside substitutes 170 355 3,309 8,046 1,622 5,120 6,651 4,579 29,852 6,908 22,944 Fingerprints and medical 138 324 81 81 57 81 138 166 162 1,228 576 652 Other charges 3,005 4,282 3,239 3,239 3,239 3,239 3,239 11,336 (1,395) 33,423 58,149 (24,726) Other services 474 135 716 104 50 27 81 78 1,665 2,338 (673) Communications 66 75 130 80 180 130 130 248 130 1,169 457 712 Total Other Operating Expenses 45,392 33,439 37,473 58,081 41,486 30,806 37,507 57,235 66,664 408,083 344,683 63,400 Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees (1,024) 4,286 1,098 1,801 1,449 1,450 1,450 2,537 3,212 16,259 10,901 5,358 Interest on Debt Service Total Other Outgo (1,024) 4,286 1,098 1,801 1,449 1,450 1,450 2,537 3,212 16,259 10,901 5,358 Total Expenditures 108,801 192,257 197,565 213,635 184,353 192,507 193,103 206,657 230,821 1,719,699 1,505,525 214,174 Increase (Decrease) in Net Assets (4,024) 21,727 78,690 103,501 91,150 225,700 87,513 8,378 129,209 741,844 1,569,671 (840,886) ADDITIONAL ACCRUED REVENUE (13,059) (13,059) ACCRUED REVENUE CHANGE (25,104) (25,921) 85,864 85,344 (77,937) 4,884 37,003 (97,192) Construction (3) (4) (135,004) (100,008) (100,844) (12) (571) 13,210 (323,236) (1,210,000) 886,764 Adjusted Net Increase (Decrease) in Net Assets (3,380) 52,765 54,361 76,486 46,919 92,385 44,810 45,227 405,549 359,671 45,878 FINANCIALS 315 12 4/24/2015

Accelerated Charter Elementary School % Change REVENUE Local Control Funding Formula General PurposeLCFF In Lieu Prop Tax Categorical Block Grant Education Protection Act Total LCFF Revenue 37.51% 11.23% 32.59% 21.98% Federal Revenues NCLB Title I NCLB Title II NCLB Title III Special Ed IDEA 98.51% 56.52% 74.55% 4.99% Child Nutrition Other Federal Revenue Total Federal Revenues #DIV/0! 57.52% State Revenues Special EducationAB602 State Lottery Non prop 20 State Lottery Prop 20 Child Nutrition State ASES After School 0.05% 13.09% 18.88% 11.11% Other State Revenues Total State Revenues 42.04% 18.67% Local Revenues Food Service Sales Rent Wallis Annenberg Interest Keck Center Fundraising/Others Grants and Donations LA Best Other Local Revenues Reimbursement School expenses Total Local Revenues Total Revenue W/O Construction 311.91% 100.00% 72.32% 7.76% #DIV/0! 71.40% 20.38% 13.94% FINANCIALS 315 13 4/24/2015

Accelerated Charter Elementary School % Change Expenditures Certificated Salaries Teachers Substitutes Teachers Extra pay Administrators Total Certificated Salaries Classified Salaries Keck teachers & Staff Instructional Aides Classified Admin. and Office Facility maintenance Security Food Services After School Program Total Classified Salaries Employee Benefits STRS Certificated Medicare Certificated Medicare Classified Social Security (OASDI) Classified & Cerificated H&W Certificated H&W Classified State Unemployment Certificated State Unemployment Classified Workers Comp Certificated Workers Comp Classified Total Employee Benefits Books and Supplies Textbooks Professional and Other Books Instructional Materials Computer equip. & software Office supplies Janitorial supplies Cafeteria supplies Food Meetings Other Supplies Noncapital Equipment 10.54% 182.06% 94.69% 30.74% 16.19% 13.50% 2.71% 11.46% 21.95% 1.31% 6.25% 21.86% 13.34% 13.06% 12.24% 4.01% 32.41% 82.59% 23.12% 19.79% 16.39% 11.64% 84.91% 77.80% 55.19% 88.81% 50.62% 40.16% 755.92% 29.42% #DIV/0! Food Services Total Books and Supplies Other Operating Expenses Travel and Conferences Dues and Memberships Insurance Utilities Trash disposal Rents and rentals Repairs Service contracts Other contracted serviceslacoe Student activities Accounting & Legal License and fees Computer services Outside consultants Outside substitutes Fingerprints and medical Other charges Other services Communications Total Other Operating Expenses Capital Outlay 14.82% 57.35% 49.30% 20.60% 0.98% 4.79% 8.69% 43.66% 17.99% 8.68% 85.02% 18.15% 0.00% #DIV/0! 119.50% 332.14% 113.19% 42.52% 28.79% 155.80% 18.39% Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees Interest on Debt Service Total Other Outgo Total Expenditures 49.15% 49.15% 14.23% Increase (Decrease) in Net Assets 53.57% ADDITIONAL ACCRUED REVENUE ACCRUED REVENUE CHANGE Construction Adjusted Net Increase (Decrease) in Net Assets 12.76% FINANCIALS 315 14 4/24/2015

20887CY REVENUE MARCH ACCELERATED CHARTER ELEMENTARY CURRENT YEAR REVENUES AND AR Revenues Received Est. Revenue Revenue Total Revenue Resource Obj Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 Jan15 Feb15 Mar15 Per GL Accrued Revenue REVENUE LIMIT 00000.0 8011 LAUSD REV TO BE R/C 00000.0 8015 GP ENT 68,694.00 68,694.00 123,648.00 123,648.00 123,648.00 123,648.00 123,648.00 128,992.00 128,992.00 1,013,612.00 1,388,584 73% 1,013,666 54 00000.0 8015 GP ENT PY ADJ (2,241.00) (2,241.00) (4,482.00) (11,205) 100% (6,723) 14000.0 8012 EPA 75,139.00 75,139.00 94,783.00 245,061.00 323,140 73% 235,892 (9,169) 296074 27,066 14000.0 8012 EPAPY 1,249 100% 1,249 00000.0 8096 PROPERTY TAXES 23,933.88 47,867.76 31,911.84 31,911.84 31,911.84 31,911.84 31,911.84 55,845.72 65,653.36 352,859.92 470,294 73% 343,314 (9,546) 00000.0 8096 PROPERTY TAXES PY ADJ 9,956 100% 9,956 2,182,017 00000.0 BLOCK CATEGORICAL (1.00) (1.00) (2.00) FEDERAL REVENUES 33100.0 8181 SPECIAL EDUCATION IDEA 3,181.70 6,363.40 4,242.27 4,242.27 4,242.27 4,242.27 4,242.27 7,423.96 5,597.27 43,777.68 56,312 68% 38,292 (5,485) 33100.0 8181 SPECIAL EDUCATION PRIOR YEAR ADJ 30100.0 8291 TITLE I BASIC 29,355.00 46,179.00 42,345.00 117,879.00 117,879 73% 86,052 (31,827) 30100.0 8291 TITLE I BASIC PY 40350.0 8292 TITLE II TEACHER QUALITY 400.00 1,209.00 1,609.00 1,609 100% 1,609 42010.0 8293 TITLE III IMMIGRANT 70.00 70.00 70.00 210.00 279 42030.0 8293 TITLE III LEP 3,560.00 10,618.00 14,178.00 14,178 100% 14,178 42030.0 8290 TITLE III LEP PY STATE REVENUES 65000.0 8311 SPECIAL EDUCATION AB602 8,964.36 17,928.73 11,952.48 11,952.48 11,952.48 11,952.48 11,952.48 20,916.85 15,770.17 123,342.51 158,659 68% 107,888 (15,455) 65000.0 8590 SPECIAL EDUCATION OPTION 3 GRANT 6,503.72 318.47 4,382.76 11,204.95 6,822 30% 2,047 (9,158) 11000.0 8560 STATE LOTTERY 15,820.33 15,820.33 35,433 73% 25,866 10,046 11000.0 8560 STATE LOTTERY PY 704.58 704.58 6,790 73% 4,956 4,252 63000.0 8560 STATE LOTTERY 9,207 73% 6,721 6,721 63000.0 8560 STATE LOTTERY PY 799.99 1,706.86 2,506.85 2,507 73% 1,830 (677) 74050.0 8490 COMMON CORE 00000.0 8550 MANDATED COSTSMANDATE BACKLOG 3,737.00 16,087.00 19,824.00 21,612 73% 15,777 (4,047) 62300.0 8590 CALIFORNIA ENERGY CLEAN JOBS 00000.0 8597 SSIM 67.68 67.68 60100.0 8591 ASES 73,125.00 73,125.00 112,500 73% 82,125 9,000 60300.0 8599 FACILITY SB 740 76,500.00 76,500.00 153,000 3/4 114,750 38,250 00000.0 8598 TESTING 73920 8590 BTSA LOCAL REVENUES 53100.0 8634 LOCAL FOOD SALES 00000.0 8660 INTEREST 3.27 2.40 2.27 3.43 3.05 1,699.38 4.56 1,836.90 3.54 3,558.80 00000.0 8660 INTERESTfund 1.0 2.98 4.44 4.46 7.68 843.78 12.11 571.02 7.00 1,453.47 00000.0 8693 School Activities 8696 Fundraising PAT 90014.1 8696 Fundraising FEDCO 90007.1 8696 Microsoft voucher program 10,793.36 90038.3 8639 ALL OTHER SALES 90015.1 8693 Fundraising School activitiesbox Tops 00000.0 8696 DONATION FUND Construction 00000.0 8696 FundraisingGrants 90014.0 8696 Grant PAT 1,850.00 1,850.00 73% 1,351 (500) 00000.0 8697 Fundraising Contributions 162.00 162.00 1 00000.0 8696 FundraisingConstruction 135,000.00 100,000.00 100,000.00 335,000.00 90060.0 8699 Other revenue ASES ACES 1 2,920.00 4,130.00 4,668.00 11,718.00 TOTAL 104,777.21 213,984.27 276,255.30 317,134.73 275,502.32 418,206.47 280,616.45 215,033.92 360,030.10 2,461,540.77 (13,059) Construction (2.98) (4.44) (135,004.46) (100,007.68) (100,843.78) (12.11) (571.02) (7.00) (336,453.47) 2,125,087.30 FINANCIALS 315 4/24/2015

Wallis Annenberg High School Increase 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 (Decrease) % Change REVENUE Accrual TOTAL Local Control Funding Formula General PurposeLCFF 135,912 135,912 244,641 244,641 244,641 244,641 244,641 209,683 209,683 1,914,395 (75,947) 1,838,448 1,505,536 332,912 22.11% In Lieu Prop Tax 40,995 81,990 54,660 54,660 54,660 54,660 54,660 95,655 79,778 571,718 (13,022) 558,696 638,931 (80,235) 12.56% Categorical Block Grant (1) (1) (2) (2) (2) #DIV/0! Education Protection Act 155,264 155,263 155,280 465,807 (14,255) 451,552 372,300 79,252 21.29% Total LCFF Revenue 176,907 217,902 454,565 299,301 299,301 454,564 299,301 305,337 444,740 2,951,918 (103,224) 2,848,694 2,516,767 331,927 13.19% Federal Revenues NCLB Title I 49,069 74,345 40,318 163,732 (29,741) 133,991 86,878 47,113 54.23% NCLB Title II 677 2,048 2,725 2,725 1,547 1,178 76.15% NCLB Title III 47 47 47 141 141 5,357 (5,216) 97.37% Special Ed IDEA 5,450 10,900 7,266 7,266 7,266 7,266 7,267 12,716 5,675 71,072 (6,216) 64,856 61,813 3,043 4.92% Child Nutrition Other Federal Revenue 8,910 (8,910) 100.00% Total Federal Revenues 5,450 10,900 56,335 7,990 7,266 81,611 7,314 14,764 46,040 237,670 (35,957) 201,713 164,505 37,208 22.62% State Revenues Special EducationAB602 15,355 30,709 20,473 20,473 20,473 20,473 20,472 35,827 15,988 200,243 (17,515) 182,728 182,866 (138) 0.08% State Lottery Non prop 20 1,428 17,229 18,657 26,834 45,491 47,464 (1,973) 4.16% State Lottery Prop 20 1,621 353 1,974 10,886 12,860 12,959 (99) 0.76% Child Nutrition State ASES After School Other State Revenues 118 19,203 36,398 50,670 1,591 23,498 131,478 (24,780) 106,698 33,961 72,737 214.18% Total State Revenues 15,355 30,709 20,473 23,640 39,676 56,871 88,724 37,418 39,486 352,352 (4,575) 347,777 277,250 70,527 25.44% Local Revenues Food Service Sales Rent Wallis Annenberg Interest 5 4 4 5 3 7,016 5 7,510 6 14,558 14,558 9,876 4,682 47.41% Keck Center Fundraising/Others 3,138 675 738 2,217 533 1,154 2,979 8,568 20,002 20,002 23,133 (3,131) 13.53% Grants and Donations 39,386 4,000 43,386 (10,636) 32,750 33,866 (1,116) 3.30% LA Best Other Local Revenues 240 240 240 240 #DIV/0! Reimbursement School expenses Total Local Revenues 5 3,142 919 40,129 2,220 11,549 1,159 10,489 8,574 78,186 (10,636) 67,550 66,875 675 1.01% Total Revenue 197,717 262,653 532,292 371,060 348,463 604,595 396,498 368,008 538,840 3,620,126 (154,392) 3,465,734 3,025,397 440,337 14.55% W/O Incentive Grant 12.32% FINANCIALS 315 16 4/24/2015

Wallis Annenberg High School Increase 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 (Decrease) % Change Expenditures Certificated Salaries Teachers 98,920 100,596 108,690 107,450 114,933 108,489 108,490 111,698 859,266 904,446 (45,180) 5.00% Substitutes 2,786 8,016 675 300 975 2,100 2,400 1,500 3,450 22,202 27,156 (4,954) 18.24% Teachers Extra pay 7,896 3,591 2,086 2,648 3,550 4,374 2,730 11,112 3,549 41,536 14,738 26,798 181.83% AdministratorsALL 24,165 32,419 23,586 25,665 22,357 33,895 39,938 27,439 32,729 262,193 284,781 (22,588) 7.93% Total Certificated Salaries 34,847 142,946 126,943 137,303 134,332 155,302 153,557 148,541 151,426 1,185,197 1,231,121 (45,924) 3.73% Classified Salaries Keck teachers & Staff Instructional Aides 2,600 2,891 3,841 4,989 3,305 3,851 4,104 3,404 3,615 32,600 35,126 (2,526) 7.19% Classified Admin. and Office 20,144 20,729 22,394 23,264 20,433 22,798 21,478 19,447 20,882 191,569 193,776 (2,207) 1.14% Facility maintenance 5,833 5,971 6,631 6,920 5,682 6,400 6,332 6,384 6,780 56,933 59,162 (2,229) 3.77% Security 4,568 6,769 4,971 6,076 6,511 5,807 6,904 7,440 7,618 56,664 59,812 (3,148) 5.26% Food Services After School Program Total Classified Salaries 33,145 36,360 37,837 41,249 35,931 38,856 38,818 36,675 38,895 337,766 347,876 (10,110) 2.91% Employee Benefits STRS Certificated 2,040 11,741 11,069 11,600 11,603 12,064 13,044 12,598 12,098 97,857 91,439 6,418 7.02% Medicare Certificated 395 1,949 1,782 1,862 1,862 1,938 2,097 2,025 1,944 15,854 15,995 (141) 0.88% Medicare Classified 577 624 627 695 618 642 659 628 625 5,695 6,484 (789) 12.17% Social Security (OASDI) Classified 2,641 2,905 2,681 2,971 2,641 2,746 2,820 2,687 2,672 24,764 28,097 (3,333) H&W Certificated 15,346 16,681 16,095 17,907 18,785 18,820 18,575 18,038 17,536 157,783 169,261 (11,478) 6.78% H&W Classified 7,751 3,694 4,159 3,987 3,867 4,436 3,573 3,426 3,461 38,354 37,673 681 1.81% State Unemployment Certificated 14 69 62 175 65 68 585 70 68 1,176 3,463 (2,287) 66.04% State Unemployment Classified 22 24 24 26 23 25 25 24 23 216 570 (354) 62.11% Workers Comp Certificated 199 1,051 3,283 3,283 3,525 3,579 3,864 3,335 3,962 26,081 25,555 526 2.06% Workers Comp Classified 828 235 1,136 1,199 1,147 1,162 1,190 980 1,276 9,153 9,817 (664) 6.76% Total Employee Benefits 29,813 38,973 40,918 43,705 44,136 45,480 46,432 43,811 43,665 376,933 388,354 (11,421) 2.94% Books and Supplies Textbooks 18,528 8,246 9,698 1,972 38,444 16,691 21,753 130.33% Professional and Other Books 38 38 464 (426) 91.81% Instructional Materials 1,539 5,162 5,059 3,244 4,299 1,390 9,883 1,061 591 32,228 23,731 8,497 35.81% Computer equip. & software 109 607 72 788 4,089 (3,301) 80.73% Office supplies 59 148 172 291 477 442 670 912 3,171 1,838 1,333 72.52% Janitorial supplies 660 839 1,470 1,396 554 765 1,525 1,071 810 9,090 10,591 (1,501) 14.17% Cafeteria supplies Food Meetings 1,965 701 633 537 825 127 623 182 5,593 1,434 4,159 290.03% Other Supplies 2,443 2,340 1,235 1,071 1,586 6,802 1,041 5,726 3,152 25,396 16,536 8,860 53.58% Noncapital Equipment 1,816 1,816 4,220 (2,404) 56.97% Food Services Total Books and Supplies 23,229 18,809 20,758 8,607 7,453 10,224 13,246 9,431 4,807 116,564 79,594 36,970 46.45% Other Operating Expenses Travel and Conferences (2,410) 1,199 512 390 545 4,080 4,316 5,081 (765) 15.06% Dues and Memberships 8,547 1,302 754 2,212 64 1,495 14,374 13,457 917 6.81% Insurance 31,193 31,193 31,382 (189) 0.60% Utilities 8,668 11,279 12,704 7,783 9,241 7,070 6,358 7,442 8,716 79,261 82,835 (3,574) 4.31% Trash disposal 273 273 536 440 439 440 227 437 437 3,502 3,130 372 11.88% Rents and rentals 22,124 22,124 22,124 22,123 22,124 22,124 22,124 22,124 22,124 199,115 202,673 (3,558) 1.76% Repairs 4,215 2,049 636 1,756 4,139 1,626 2,096 1,302 4,206 22,025 20,229 1,796 8.88% Service contracts 2,280 3,031 3,563 1,868 3,447 3,707 2,202 3,005 3,181 26,284 22,019 4,265 19.37% Other contracted serviceslacoe 1,715 1 263 1,315 497 272 4,063 4,191 (128) 3.05% Student activities 1,900 1,220 200 1,642 2,586 2,923 10,471 13,251 (2,780) 20.98% Accounting & Legal 262 3,440 1,270 12,514 593 1,108 19,187 38,681 (19,494) 50.40% License and fees 1,599 900 2,499 111 2,388 2151.35% Computer services #DIV/0! Outside consultants 3,182 8,528 27,445 26,100 18,046 15,908 17,914 27,927 24,440 169,490 101,669 67,821 66.71% Outside substitutes 2,325 10,566 14,935 6,007 2,663 9,932 8,635 9,111 64,174 16,479 47,695 289.43% Fingerprints and medical 114 114 81 57 366 1,832 (1,466) 80.02% Other charges 5,194 7,289 5,548 5,548 5,547 5,548 5,547 19,417 (5,376) 54,262 105,049 (50,787) 48.35% Other services 325 25 4,411 1,213 252 44 (172) 1,124 7,222 3,712 3,510 94.56% Communications #DIV/0! Total Other Operating Expenses 85,605 58,601 88,732 87,566 73,154 63,975 82,480 99,368 72,323 711,804 665,781 46,023 6.91% Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay #DIV/0! Other Outgo LAUSD Oversight Fees (438) 6,703 2,045 3,525 2,785 2,785 2,784 4,873 4,680 29,742 23,346 6,396 27.40% Interest on Debt Service Total Other Outgo (438) 6,703 2,045 3,525 2,785 2,785 2,784 4,873 4,680 29,742 23,346 6,396 27.40% Total Expenditures 206,201 302,392 317,233 321,955 297,791 316,622 337,317 342,699 315,796 2,758,006 2,736,072 21,934 0.80% 11.86% Increase (Decrease) in Net Assets (8,484) (39,739) 215,059 49,105 50,672 287,973 59,181 25,309 223,044 862,120 289,325 418,403 144.61% ADDITIONAL ACCRUED REVENUE (154,392) (154,392) ACCRUED REVENUE CHANGE (8,207) (126,288) 76,665 78,497 (179,107) 67,972 36,201 (100,125) FACILITY INCENTIVE GRANT (50,670) (16,890) (67,560) (67,560) Adjusted Net Increase (Decrease) in Net Assets (8,484) (47,946) 88,771 125,770 129,169 108,866 76,483 61,510 106,029 640,168 289,325 350,843 121.26% FINANCIALS 315 17 4/24/2015