№ files_lp_3_process_7_034424
Formal complaint report alleging financial misrepresentation, nondisclosure of related party transactions, and audit irregularities involving American Leadership Academy and its auditor between 2012 and 2017, based on analysis of AFR filings, IRS Form 990 submissions, bond disclosures, and related financial records.
Organization: Arizonans for Charter School Accountability (ACSA)
Subject Organization: American Leadership Academy (ALA)
Auditor: Joel D. Huber
Additional Auditor (2016–17 Form 990): Bart W. Forrest, Forrest & Company (California)
Jurisdiction: Arizona, United States
Relevant Statute: ARS 13-1818
Institutions Referenced: Arizona State Board of Accountancy; Arizona State Board for Charter Schools; Arizona Department of Education; Office of the Attorney General (Arizona)
Period Covered: 2011–2017 (with references to 2018 AFR and bond issuance)
Document Type: Formal complaint and financial misconduct allegation report
Primary Allegations: Misstatement of revenue; nondisclosure of related party transactions; failure to report local revenue; audit irregularities
Programs Referenced: Food service program (vendor: Sedexo USA); student transportation; extracurricular activities; athletic programs
Financial Instruments Referenced: $192,000,000 bond issuance (2018)
Key Individuals: Glenn Way (ALA founder); Joel D. Huber (auditor)
Financial Records Referenced: Annual Financial Reports (AFR); IRS Form 990 submissions; annual independent audits
Estimated Unreported Revenue: Millions of dollars in local revenue from transportation fees, food service, student activities, athletics, and donations
Price: 8 / 10 USD
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