Overview
What is Edkey Inc?
Edkey Inc, founded in 1996 as Sequoia Schools in Mesa, Arizona, has since expanded to manage and operate 18 diverse charter schools across the state. These institutions cater to a wide range of educational needs, with focuses on back-to-basics, STEM, high performing arts, founding fathers, and deaf education. Edkey serves students from rural, inter-city, suburban homes, and the homeless community. With a commitment to transparency, integrity, communication, and kindness as their core values, Edkey offers a rich academic experience for general and special education students, English language learners, athletes, and artists, both in traditional classrooms and online settings. Edkey Inc is a non-profit organization that provides high-quality management and educational services to various institutions, enabling them to fulfill their unique missions. Currently, the organization employs a team of 1,100 individuals.
Official website here: www.sequoiaschools.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Edkey Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. With an overall score of 81%, the organization demonstrates a commitment to transparency and effective management, particularly highlighted by its perfect scores in critical governance areas such as having a majority of independent board members and robust financial oversight practices.
Strengths of Edkey Inc include its high program expense ratio of 91.12%, indicating that a significant portion of its resources is directed towards its mission-related programs rather than administrative costs. Additionally, the organization has established comprehensive policies regarding conflict of interest, whistleblower protection, and document retention, which further enhance its reputation for financial accountability.
However, while the charity maintains strong ratings in governance and program spending, the overall rating of 81% suggests there may still be room for improvement in certain areas. Potential donors and stakeholders should consider these factors alongside the positive aspects when evaluating Edkey Inc's overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Edkey Inc?
84% of 46 reviewers on Facebook recommend Edkey Inc. Here is a summary of their reviews:
A significant portion of the feedback highlights the positive experiences families have had with ACAA Secondary. Parents appreciate the supportive environment where students are motivated to learn, contrasting sharply with previous negative experiences in public schools. The commitment and expertise of the staff stand out, as many reviewers describe them as exceptional, caring, and dedicated to student success.
Notably, the arts programs receive particular praise, with several commenters emphasizing the high quality of teaching and the opportunities provided. Overall, it appears that Edkey Inc. delivers a positive educational experience for its students, earning strong recommendations from those who have engaged with their services.
This AI summary has been generated from reviews found on Facebook.
Is Edkey Inc legitimate?
Edkey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edkey Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $584,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,909,736
For more financial information, click here
Official website here: www.sequoiaschools.org
What is the mission statement of Edkey Inc?
Edkey Inc, a non-profit organization, is dedicated to delivering top-notch management and educational services to a diverse range of institutions. By doing so, it helps each institution fulfill its unique mission. Founded in 1996, Edkey has expanded to cater to the specific educational needs of various communities. Currently, it operates 18 charter schools, each with a distinct focus, serving students from rural, inter-city, and suburban homes, as well as the homeless. These schools provide a rich academic experience to general and special education students, English language learners, athletes, and artists, both in traditional classrooms and online settings. Edkey's core values revolve around Transparency, Integrity, Communication, and Kindness.
Official website here: www.sequoiaschools.org
Who is the CEO of Edkey Inc?
Mark J Plitzuweit is the Ceo of Edkey Inc. The CEO's salary of Edkey Inc is $324,391 and their total compensation is $373,855.
Official website here: www.sequoiaschools.org
What is the revenue of Edkey Inc?
Edkey Inc's revenue in 2022 was $93,024,819.
Official website here: www.sequoiaschools.org
Who are the executives of Edkey Inc and what are their salaries?
The average compensation at Edkey Inc during 2022 was $32,268. There are 1100 employees and 200 volunteers at Edkey Inc.
Here are 15 key members and their salaries (Edkey Inc's CEO's salary is $324,391 and their total compensation is $373,855):
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- Compensation: $130,838
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- Other: $23,371
- Compensation: $324,391
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- Other: $49,464
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- Compensation: $181,268
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- Other: $29,457
- Compensation: $113,840
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- Other: $20,927
- Compensation: $111,639
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- Other: $22,681
- Compensation: $107,997
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- Other: $23,650
- Compensation: $110,078
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- Other: $23,834
- Compensation: $117,131
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- Other: $21,470
Official website here: www.sequoiaschools.org
Where can I find the form 990 for Edkey Inc?
Edkey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sequoiaschools.org
Learn more at the official website: www.sequoiaschools.org
Mission Statement of Edkey Inc
Edkey Inc, a prominent non-profit organization, is dedicated to delivering top-notch management and educational services to a diverse range of institutions. By empowering these organizations to fulfill their unique missions, Edkey contributes significantly to various communities across the board.
Founded in 1996 as Sequoia Schools in Arizona, Edkey Inc has since expanded to cater to the specific educational needs of numerous communities. The organization now manages and operates 18 charter schools, each with a distinct educational focus. These schools emphasize back-to-basics, S.T.E.A.M., high end performing arts, Founding Fathers, and deaf education, among others. Edkey's commitment extends to serving students from rural, inter-city, and suburban backgrounds, as well as the homeless population.
With a rich academic experience at its core, Edkey caters to the needs of general and special education students, English language learners, athletes, and artists. Whether in a traditional classroom setting or online, Edkey's students benefit from a well-rounded educational experience that accommodates their diverse backgrounds and interests. Additionally, Edkey's commitment extends beyond the classroom, as the organization strives to create a nurturing and inclusive learning environment for all students. The organization's core values, represented by the acronym T.I.C.K. (Transparency, Integrity, Communication, and Kindness), guide its approach to education and administration.
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Impact
October, 2024
Edkey Inc significantly impacts the educational landscape in Arizona by operating 18 diverse charter schools designed to meet a broad spectrum of community needs. Founded in 1996, the organization emphasizes the importance of transparency, integrity, communication, and kindness—values that guide its operations and interactions.
Serving students from varied backgrounds, including those from rural, urban, and suburban environments as well as homeless youth, Edkey Inc offers a rich academic experience that caters to both general and special education needs. Its emphasis on various educational approaches, including back-to-basics, S.T.E.A.M. programs, high-performing arts, and specialized deaf education, helps promote inclusive learning opportunities.
Through a combination of traditional and online educational settings, Edkey Inc supports not just athletes and artists, but also English language learners, enabling them to thrive academically. This tailored approach ensures that all students have access to quality education that empowers them to achieve their personal and academic goals.
This information is meant to be a general summary of Edkey Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $120,876
- Program Service Revenue: $66,156,322
- Gross Receipts: $93,035,643
Assets and Liabilities:
- Total Assets: $139,597,788
- Total Liabilities: $137,237,663
- Net Assets: $2,360,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE EQUALIZATION FUNDS
Revenue
$63,280,171
FEDERAL FOOD SERVICE
Revenue
$2,427,903
INSTRUCTIONAL IMPROVEMENT
Revenue
$340,244
TUITION INCOME
Revenue
$108,004
Organization Details
Founding Year
2002
Phone
(480) 461-3200Principal Officer
Mark J Plitzuweit
Main Address
1460 S HORNE, MESA, AZ, 85204
Website
www.sequoiaschools.orgNTEE Category
Code: B29 - Education
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