Nonprofit · EIN 86-0990917
DAISY EDUCATION CORPORATION
Tax-exempt · TEMPE, AZ 85283
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $27,323,091 | $25,937,505 | $1,385,586 | $39,807,032 | $18,957,037 | $20,849,995 |
| June 30, 2024 | 990 | $31,225,885 | $31,276,291 | -$50,406 | $44,349,635 | $24,885,226 | $19,464,409 |
| June 30, 2023 | 990 | $31,433,587 | $28,878,585 | $2,555,002 | $47,612,574 | $28,097,759 | $19,514,815 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $25,014,118
- of which government grants
- $24,934,770
- Program service revenue
- $586,833
- Investment income
- $341,162
- Other revenue
- $1,380,978
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,590,759
- Salaries, compensation and benefits (total)
- $7,639,549
- Professional fundraising fees
- $0
- Legal fees
- $47,722
- Accounting fees
- $32,601
- Occupancy
- $881,429
- Travel
- $59,347
- Depreciation
- $1,086,902
- Program services (functional)
- $18,905,791
- Management and general (functional)
- $7,031,714
Balance sheet and other
- Total assets, start of year
- $44,349,635
- Total assets, end of year
- $39,807,032
- Total liabilities, end of year
- $18,957,037
- Net assets, end of year
- $20,849,995
- Land, buildings and equipment
- $28,381,100
- Net assets without donor restrictions
- $20,849,995
- Gross receipts
- $27,323,091
- Employees
- 81
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NACI KARADENIZ | PRINCIPAL Highest-paid employee | 40 | $119,732 | $16,791 |
| CETIN AKKAYA | DEAN OF ACADEMICS Highest-paid employee | 40 | $105,610 | $23,252 |
| KEMAL AKSOY | DEAN OF STUDENTS Highest-paid employee | 40 | $104,961 | $22,908 |
| TAMMERA JOHNSON | DEAN OF ACADEMICS Highest-paid employee | 40 | $100,737 | $22,094 |
| JEFFRY WEAD | DEAN OF STUDENTS Highest-paid employee | 40 | $103,489 | $13,298 |
| REGINALD ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALI UNVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ABDULLAH YILMAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESLY BACA RUIZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FATIH KARATAS | CEO Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Vince Kelly | Principal | 40 | $112,941 | $19,164 |
| Naci Karadeniz | Principal | 40 | $110,088 | $21,334 |
| Deborah Hofmeier | Principal | 40 | $101,260 | $17,833 |
| Cetin Akkaya | Dean of Academics | 40 | $98,596 | $20,298 |
| Kemal Aksoy | Dean of Students | 40 | $95,286 | $18,732 |
| Mr Reginald Adams | Director Trustee or director | 1 | $0 | $0 |
| Ms Lesly Baca Ruiz | Director Trustee or director | 1 | $0 | $0 |
| Dr Ali Unver | Director Trustee or director | 1 | $0 | $0 |
| Dr Abdullah Yilmaz | Director Trustee or director | 1 | $0 | $0 |
| Fatih Karatas | CEO Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mr Reginald Adams | Director Trustee or director | 3 | $0 |
| Ms Lesly Baca Ruiz | Director Trustee or director | 3 | $0 |
| Dr Ali Unver | Director Trustee or director | 3 | $0 |
| Dr Abdullah Yilmaz | Director Trustee or director | 3 | $0 |
| Fatih Karatas | CEO Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1018 E GUADALUPE RD, TEMPE, AZ 85283-3044
- Principal officer (990 for 2024)
- FATIH KARATAS, 1018 E GUADALUPE RD, TEMPE, AZ 85283
- Signed the 990
- FATIH KARATAS, CEO
- Phone
- (480) 940-5440
- Website
- WWW.SONORANSCHOOLS.ORG
- Return prepared by
- ADVISENT LLC
Mission
TO FOSTER CRITICAL THINKING, ENGAGING ALL STUDENTS IN A RIGOROUS, STEM-FOCUSED, COLLEGE-PREP CURRICULUM, DELIVERED BY A DEDICATED EDUCATIONAL COMMUNITY THAT CELEBRATES DIVERSITY, WHERE STUDENTS ASPIRE TO BE TOMORROWS LEADERS.
Program accomplishments
- THE ORGANIZATION PROVIDES EDUCATIONAL SERVICES TO STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH GRADE THROUGH VARIOUS LOCATIONS THROUGHOUT PHOENIX AND TUCSON. THE ORGANIZATION PROVIDES STEM FOCUSED EDUCATION IN A COLLEGE-PROP ENVIRONMENT.Expenses $18,905,791 · revenue $2,308,973
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-0990917
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $39,807,032
- Income (IRS master file)
- $27,323,091
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $27,323,091 | $25,937,505 | $39,807,032 | IRS |
| 990 | June 2024 | $31,225,885 | $31,276,291 | $44,349,635 | IRS |
| 990 | June 2023 | $31,433,587 | $28,878,585 | $47,612,574 | XML |
| 990 | June 2022 | $31,751,368 | $29,128,171 | $44,188,581 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-0990917).
Questions about DAISY EDUCATION CORPORATION
- What is the EIN of DAISY EDUCATION CORPORATION?
- The employer identification number (EIN) of DAISY EDUCATION CORPORATION is 86-0990917.
- Is DAISY EDUCATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to DAISY EDUCATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAISY EDUCATION CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAISY EDUCATION CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAISY EDUCATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DAISY EDUCATION CORPORATION?
- The 990 for the year ended June 30, 2025 names FATIH KARATAS.
- Who are the officers and directors of DAISY EDUCATION CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 5 received compensation from the organization, the highest $119,732 (NACI KARADENIZ, PRINCIPAL).
- How much revenue does DAISY EDUCATION CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $27,323,091, expenses of $25,937,505 and total assets of $39,807,032 at year end.
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