2026-01-16T09:57:57-07:00 2025-06-30 990 2024-07-01 820963153 EDISON PROJECT EDIS 6232822871 5136 N 83rd Ave Glendale AZ 85303 Benjamin Horne Finance Director 6238501376 2026-01-16 1 2024 2025-03-06 01:10:19Z Edison School of Innovation Benjamin Horne 5136 N 83rd Ave Glendale AZ 85303 3055431 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. 6 4 44 4 0 0 471084 464735 2617251 2511508 202330 50649 32468 28539 3323133 3055431 0 0 0 0 2069523 2276894 0 0 1187 1140717 2095801 3210240 4372695 112893 -1317264 12915768 11332968 11194108 10928571 1721660 404397 We exist to create the learning space that ensures that all students think critically, communicate clearly, and collaborate effectively. 0 0 3292601 2511509 The Edison Project provided K-8 educational services to the community through its charter with Arizona. The school was attended by 255 students. This service also included after-school educational clubs for students. 0 0 0 3292601 1 1 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 1 0 0 0 0 0 0 0 0 1 17 0 0 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 4 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 97544 0 0 Benjamin Horne Board Member, Finance Director 40 X X 82902 0 0 Edison Rose Board Member, Operations Director 40 X X 80396 0 0 Mark Proctor Board Member 0.5 X 0 0 0 Heidi Stillman Board Member 0.5 X 0 0 0 Alan Gaugert Board Member 0.5 X 0 0 0 Srikanth Grandhi Board Member 0.5 X 0 0 0 260842 0 0 0 0 0 0 0 0 0 0 0 330340 134395 88463 464735 State Equalization Payments 611000 2237658 2237658 0 0 Classroom Site Fund 611000 239523 239523 0 0 Prop 123 Funding 611000 17187 17187 0 0 Instructional Improvement Fund 611000 17036 17036 0 0 Tutoring Funding 611000 104 104 0 0 0 0 0 0 2511508 50649 50649 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Food Service 611000 10844 10844 0 0 Extended Care 611000 1301 1301 0 0 Tom Nida Award 611000 5000 5000 0 0 11394 11394 0 0 28539 3055431 2590696 0 0 0 0 0 0 0 0 0 0 424832 0 424832 0 0 0 0 0 1433124 1299680 133444 0 103178 72391 30787 0 183922 142568 41354 0 131838 92197 39641 0 0 0 0 0 103 0 103 0 13017 0 13017 0 0 0 0 0 0 0 0 0 0 0 374403 359409 14994 0 197294 0 197294 0 50515 45984 4531 0 50623 13031 37592 0 0 0 0 0 1365707 1229136 136571 0 2114 2114 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12842 12200 642 0 20864 18778 2086 0 Dues and Fees 6774 5113 1661 0 Misc Expenses 1545 0 358 1187 4372695 3292601 1078907 1187 396168 372272 40201 43372 25966 85119 8241 14465 11166814 813725 10962437 10353089 1405177 387073 77578 77578 12915768 11332968 96211 52615 11097897 10875956 11194108 10928571 X 1721660 404397 0 0 1721660 404397 12915768 11332968 X -1317264 0 0 0 0 1 X 1 X 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 11146055 0 798261 10347794 0 0 0 0 20759 0 15464 5295 0 0 0 0 10353089 0 Finance Lease Liability 10846869 Funds due to School Sponsored Groups 29087 10875956 3055431 0 0 0 0 0 3055431 0 0 0 3055431 4372694 0 0 0 -1 -1 4372695 0 0 0 4372695 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. X Playground Equipment 1 88463 Valuation Letter 0 0 0 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 in FY19, FY22, and FY23. The process involves benchmarking the positions with surrounding school districts and industry standards. Board members are provided with the results of these benchmarks as well as job descriptions and any relevant performance information. Results are discussed in an executive session and then the resulting salary determinations are approved in the Board Meeting. Annual cost of living raises are given to all staff on an annual basis. Any additional salary changes 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 XI, Line 9 Rounding Adjustment.