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Edison Project

Edison School Of Innovation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820963153 ✦ Glendale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Edison Project?

The Edison Project, operating under the name Edison School of Innovation, is a nonprofit organization situated in Glendale, Arizona. Its primary focus is on delivering quality K-8 educational services to the community through a charter with Arizona. The school served a total of 244 students, and beyond academic instruction, it offered after-school educational clubs for students. The mission of the Edison Project is to cultivate an educational environment that fosters critical thinking, clear communication, and effective collaboration among its students. The organization employs a team of 42 individuals to achieve this goal.


Official website here: www.edisonschoolaz.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92% (Four-Star out of Four Star rating).

The Edison Project has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92% overall, with a specific focus on financial practices, indicating a solid commitment to transparency and responsible fiscal management. The organization has a majority of independent board members and a well-structured audit and oversight committee, which underscores its governance strength.

Despite its strengths, the Edison Project does have some areas for improvement. Notably, it lacks a whistleblower policy and does not have its tax form posted on its website, which impacted its overall score. However, these shortcomings do not overshadow its high program expense ratio of 74.80%, suggesting that a significant portion of its funds is directed toward its charitable activities rather than administrative costs.

Overall, the Edison Project demonstrates a strong commitment to financial health and organizational accountability, though addressing the noted deficiencies could further enhance its credibility and trustworthiness among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Edison Project legitimate?

Edison Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edison Project 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: $235,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,356,988

For more financial information, click here


Official website here: www.edisonschoolaz.org

What is the mission statement of Edison Project?

The Edison Project's mission is centered around establishing an educational environment that fosters critical thinking, effective communication, and teamwork among its students. In essence, the project aims to shape students who can analyze information thoughtfully, express themselves clearly, and work harmoniously with others. This mission was demonstrated through their K-8 educational services and after-school clubs, which were offered to their community in Arizona.


Official website here: www.edisonschoolaz.org

Who is the CEO of Edison Project?

Benjamin Horne is the Principal of Edison Project.


Official website here: www.edisonschoolaz.org

What is the revenue of Edison Project?

Edison Project's revenue in 2023 was $3,689,870.


Official website here: www.edisonschoolaz.org

Who are the executives of Edison Project and what are their salaries?

The average compensation at Edison Project during 2023 was $37,920. There are 42 employees at Edison Project.


Here are 6 key members and their salaries:


Cheryl Rose (Principal)
  • Compensation: $88,604
  • Related: $0
  • Other: $0
Edison Rose (Board Member, Operations Director)
  • Compensation: $76,117
  • Related: $0
  • Other: $0
Benjamin Horne (Board Member, Finance Director)
  • Compensation: $65,065
  • Related: $0
  • Other: $0
Susie Torrejos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Stillman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Gaugert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.edisonschoolaz.org

Where can I find the form 990 for Edison Project?

Edison Project's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.edisonschoolaz.org

Learn more at the official website: www.edisonschoolaz.org

Mission Statement of Edison Project

The Edison Project, a nonprofit organization, is dedicated to establishing an educational environment that fosters critical thinking, effective communication, and teamwork among its students. Its mission is to ensure that all pupils, from kindergarten to eighth grade, develop these essential skills. Through its charter with Arizona, the organization provided educational services to 244 students, further enhancing their learning experience with after-school clubs. The Edison Project's commitment to its mission is evident in its focus on nurturing well-rounded individuals who are equipped with the essential skills needed for success in their academic and personal lives.

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Impact




July, 2024

The Edison Project's impact lies in its mission to create a learning space where all students can think critically, communicate clearly, and collaborate effectively. It provided K-8 educational services to the community in Glendale, Arizona, serving 244 students. Additionally, the project offered after-school educational clubs for students, further enhancing their learning experience. This initiative aimed to improve and enrich the educational opportunities for children, helping them develop essential skills for success.




This information is meant to be a general summary of Edison Project. 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.

Revenue
$3,689,870 (2023)
Expenses
$2,760,302 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $82,013
  • Program Service Revenue: $2,447,628
  • Gross Receipts: $3,689,870

Assets and Liabilities:

  • Total Assets: $2,071,270
  • Total Liabilities: $462,500
  • Net Assets: $1,608,770

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

State Equalization Payments

Revenue

$2,185,711

Classroom Site Fund

Revenue

$223,356

Instructional Improvement Fund

Revenue

$20,792

Prop 123 Funding

Revenue

$17,769

Organization Details

Founding Year

2017

Principal Officer

Benjamin Horne

Main Address

8340 W Northern Ave, Glendale, AZ, 85305

NTEE Category

Code: B29 - Education

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