2025-01-17T10:40:46-07:00 2024-06-30 990 2023-07-01 820963153 EDISON PROJECT EDIS 6232822871 5136 N 83rd Ave Glendale AZ 85303 Benjamin Horne Finance Director 6238501376 2025-01-17 1 2023 2024-10-15 13:58:12Z X Edison School of Innovation Benjamin Horne 5136 N 83rd Ave Glendale AZ 85303 3323133 0 X www.edisonschoolaz.org X 2017 AZ We exist to create the learning space that ensures that all students think critically, communicate clearly, and collaborate effectively. 5 3 44 0 0 0 1126455 471084 2447628 2617251 82013 202330 33774 32468 3689870 3323133 0 0 0 0 1916439 2069523 0 0 0 843863 1140717 2760302 3210240 929568 112893 2071270 12915768 462500 11194108 1608770 1721660 We exist to create the learning space that ensures that all students think critically, communicate clearly, and collaborate effectively. 0 0 2387267 2617251 The Edison Project provided K-8 educational services to the community through its charter with Arizona. The school was attended by 238 students. This service also included after-school educational clubs for students. 0 0 0 2387267 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 0 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X Benjamin Horne 6238501376 5136 N 83rd Ave Glendale AZ 85303 Cheryl Rose Principal 50 X 94963 0 0 Benjamin Horne Board Member, Finance Director 40 X X 74547 0 0 Edison Rose Board Member, Operations Director 40 X X 69937 0 0 Mark Proctor Board Member 0.5 0 X 0 0 0 Heidi Stillman Board Member 0.5 0 X 0 0 0 Alan Gaugert Board Member 0.5 0 X 0 0 0 239447 0 0 0 0 0 0 0 0 0 0 0 414456 56628 0 471084 State Equalization Payments 611110 2336160 2336160 0 0 Classroom Site Fund 611110 241437 241437 0 0 Instructional Improvement Fund 611110 17092 17092 0 0 Prop 123 Funding 611110 17954 17954 0 0 Tutoring Funding 611110 4608 4608 0 0 0 0 0 0 2617251 202330 202330 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Extended Care 611110 10608 10608 0 0 Food Service 611110 9047 9047 0 0 12813 12813 0 0 32468 3323133 2852049 0 0 X 342447 342447 1386610 1209647 176963 95240 66867 28373 122987 91574 31413 122239 85527 36712 1487 1487 12477 12477 299488 282770 16718 71562 71562 51796 48111 3685 142131 99486 42645 519289 467360 51929 9351 8743 608 4152 3944 208 19990 17991 1999 Dues and Fees 8595 5247 3348 0 Misc Expenses 399 0 399 0 3210240 2387267 822973 0 931704 396168 49912 40201 29201 25966 39825 8241 11034599 72162 287020 10962437 700275 1405177 33333 77578 2071270 12915768 126671 96211 335829 11097897 462500 11194108 X 1608770 1721660 0 0 1608770 1721660 2071270 12915768 X 112893 0 0 0 0 -3 X 1 X 1 X 1 0 X 0 0 0 11013840 0 60850 10952990 0 0 0 0 20759 0 11312 9447 0 0 0 0 10962437 0 Finance Lease Liability 11013840 Funds due to School Sponsored Groups 43629 Accrued Interest Payable 40428 11097897 3323132 0 0 0 -1 -1 3323133 0 0 0 3323133 3210246 0 0 0 6 6 3210240 0 0 0 3210240 Schedule D, Part XI, Line 2d Rounding caused a small deviation between reports. Schedule D, Part XII, Line 2d Rounding caused a small deviation between reports. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 A Racial Nondiscrimination Notice was published on the website as allowed by Revenue Procedure 2019-22 (RP 2019-22). Schedule E, Part I, Line 6 The school monthly payments from the state government based on the amount of enrolled and attending students. The school also receives federal government grants for specific educational purposes. Form 990, Part VI, Section A, Line 2 Edison Rose (Director, Officer) has a family relationship with Cheryl Rose (Officer) Form 990, Part VI, Section B, Line 11b Each governing board member is sent an electronic copy of the return to review. The return is amended as necessary before being approved at a Board Meeting. Form 990, Part VI, Section B, Line 12c The Board Secretary reviews all members' conflict of interest agreements for any disclosed items. The Secretary practices due diligence during board items that may involve one or more of the disclosed conflicts of interest. The Board Secretary ensures that the member with the conflict of interest follows the procedures stated in the Bylaws. Form 990, Part VI, Section B, Line 15 Salary for all three Officers (Principal, Operations Director, Finance Director) was brought up for discussion and reviewed by the governing board for FY19 in 2019. The process involved benchmarking the positions with surrounding school districts and industry standards. Board members were provided with the results of these benchmarks as well as job descriptions and any relevant performance information. Results were discussed in an executive session and then the resulting salary determinations were approved in the Board Meeting. Annual cost of living raises are given to all staff on an annual basis. In June of 2022 another benchmark was done and no action was taken. In late 2023 a benchmark was done and discussion for a possible pay schedule revision was underway for FY24. In FY24 that revision was finalized. Any additional raises for Officers will follow a similar process as the ones described above. Form 990, Part VI, Section C, Line 19 During the year our governing documents, policies / bylaws, and financial statements were made available via request. Certain important documents were also available via our website. Form 990, Part IX, Line 11g Program Other Services List: Substitutes 37,493 Student Counseling 29,400 Student Information System Software 9,882 Teacher Professional Development 31,751 Testing Licenses 3,174 Catering 92,569 Student Special Education Services 66,760 SPED Professional Development 0 SPED Software 1,732 Student Club Services 2,228 Student Club Supplies 7,782 Management Other Services List: Admin Professional Development 1,048 Staff Recruitment 12,731 Other Services 2,939 Form 990, Part XI, Line 9 Rounding Adjustment.