Edge School INC FY2022 filing

Tax-deductible

Tucson, AZ501(c)(3)Since 1997EducationEIN 86-0850116Revenue $2.4M in FY2022

On file with the IRSedgehighschool.org2555 E 1st St, 85716-4152 · Tucson, AZTax-exempt since May 1997School — 170(b)(1)(A)(ii)

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Edge provides an alternative to traditional education, creating an inclusive school community, focused on student learning.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$1K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $65K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1K
to officers and key staff · 0.05% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.8M
114% of total assets
Concern: liabilities are 114% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.4M
+5% vs prior year
Spent
$2.4M
To programs
92%
Net assets
−$475K
By yearFY2020–FY2024
Revenue
$2.4M
FY2022▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.3M
FY2022$2.4M
FY2023$2.6M
FY2024$2.9M
FY2024$2.3M
Expenses
$2.4M
FY2022▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$2.3M
FY2022$2.4M
FY2023$2.4M
FY2024$2.6M
FY2024$2.5M
Net assets
−$475K
FY2022▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020−$498K
FY2021−$513K
FY2022−$475K
FY2023−$303K
FY2024$2K
FY2024−$168K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.2M Management & general 8% · $186K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $1K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President, Executive Director
$1,200Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Greg Hart’s $1K as President, Executive Director is at the 1st percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Greg Hart$1,200$1,246$1,154

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Edge School INC is an education nonprofit based in Tucson, AZ, formed in 1997.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2021
01

Edge High School serves over 200 students at two small schools in Pima County: Edge Himmel Park (located in central Tucson) and Edge Northwest (Located in Northwest Tucson). Edge offers students and parents the option of an advanced high school diploma program in small safe schools that promote academic achievement, respect…

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.4M
Ln 12
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$27
Money outPt IX
$2.4M
Ln 25
Programscol B$2.2M
Managementcol C$186K
Owns and owesPt X
−$475K
net assets · Ln 32
Cash and savingsLn 1–2$466K
Total assetsLn 16$3.3M
LiabilitiesLn 26$3.8M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$2.4M
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$27
Total revenueLn 12$2.4M
Assets in detailPt X, end of year
CashLn 1$132K
SavingsLn 2$333K
Cash and savings togetherLn 1–2$466K
Land, buildings, equipmentLn 10c$2.7M
Other assetsLn 15$147K
Total assetsLn 16$3.3M
LiabilitiesLn 26$3.8M
Net assetsLn 32−$475K
OperationsPt I, VI
EmployeesI 527
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$404K$466K
Land, buildings, equipmentLn 10c$2.8M$2.7M
Total assetsLn 16$3.2M$3.3M
LiabilitiesLn 26$3.7M$3.8M
Net assetsLn 32−$513K−$475K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$1K$0$1K$0
Pay of disqualified personsLn 6$1.2M$1.2M$67K$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$157K$149K$8K$0
Other employee benefitsLn 9$93K$87K$6K$0
Payroll taxesLn 10$94K$89K$5K$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$9K$0$9K$0
Accounting feesLn 11c$10K$0$10K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$119K$101K$18K$0
Advertising and promotionLn 12$28K$0$28K$0
Office expensesLn 13$31K$30K$1K$0
Information technologyLn 14$124K$106K$19K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$147K$142K$5K$0
TravelLn 17$5K$4K$397$0
InterestLn 20$198K$195K$3K$0
Depreciation, depletion and amortizationLn 22$106K$105K$2K$0
InsuranceLn 23$14K$11K$3K$0
All other expensesLn 24e$877$554$323$0
Total functional expensesLn 25$2.4M$2.2M$186K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.9M$2.6M$305K$2K 990 PDF
FY2023 $2.6M$2.4M$172K−$303K 990 PDF
FY2022 Viewing $2.4M$2.4M$39K−$475K 990 PDF
FY2021 $2.3M$2.3M−$15K−$513K 990 PDF
FY2020 $2.1M$2.3M−$177K−$498K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,401,369 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,293,118$2,402,848
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $47$27
I-11 Other revenuePrior year $529−$1,506
I-12 Total revenuePrior year $2,293,694$2,401,369
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,528,254$1,570,495
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $780,651$792,128
I-18 Total expensesPrior year $2,308,905$2,362,623
I-19 Revenue less expensesPrior year −$15,211$38,746
Part VI · Governance 6 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,401,369 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$2,351,780
VIII-1f All other contributions, gifts and grants$51,068
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$2,402,848
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $27$27
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business −$2,387 · Excluded from tax $0−$2,387
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $881 · Unrelated business $0 · Excluded from tax $0$881
VIII-12 Total revenueRelated to mission $881 · Unrelated business −$2,387 · Excluded from tax $27$2,401,369
Part IX · Statement of functional expenses $2,362,623 across 27 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $1,200 · Fundraising $0$1,200
IX-6 Pay of disqualified personsPrograms $1,158,157 · Management $67,067 · Fundraising $0$1,225,224
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $148,810 · Management $8,458 · Fundraising $0$157,268
IX-9 Other employee benefitsPrograms $87,435 · Management $5,547 · Fundraising $0$92,982
IX-10 Payroll taxesPrograms $88,599 · Management $5,222 · Fundraising $0$93,821
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $9,144 · Fundraising $0$9,144
IX-11c Accounting feesPrograms $0 · Management $10,070 · Fundraising $0$10,070
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $101,211 · Management $18,167 · Fundraising $0$119,378
IX-12 Advertising and promotionPrograms $0 · Management $27,761 · Fundraising $0$27,761
IX-13 Office expensesPrograms $29,726 · Management $1,036 · Fundraising $0$30,762
IX-14 Information technologyPrograms $105,626 · Management $18,530 · Fundraising $0$124,156
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $141,585 · Management $5,323 · Fundraising $0$146,908
IX-17 TravelPrograms $4,312 · Management $397 · Fundraising $0$4,709
IX-20 InterestPrograms $195,134 · Management $3,089 · Fundraising $0$198,223
IX-22 Depreciation, depletion and amortizationPrograms $104,598 · Management $1,826 · Fundraising $0$106,424
IX-23 InsurancePrograms $10,973 · Management $2,743 · Fundraising $0$13,716
IX-24e All other expensesPrograms $554 · Management $323 · Fundraising $0$877
IX-25 Total functional expensesPrograms $2,176,720 · Management $185,903 · Fundraising $0$2,362,623
Part X · Balance sheet $3,282,219 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $112,173$132,433
X-2 Savings and temporary cash investmentsStart of year $291,348$333,237
X-3 Pledges and grants receivableStart of year $17,581$3,898
X-4 Accounts receivableStart of year $0$13
X-9 Prepaid expenses and deferred chargesStart of year $7,033$7,596
X-10c Land, buildings and equipment, netStart of year $2,753,849$2,658,236
X-15 Other assetsStart of year $5,413$146,806
X-16 Total assetsStart of year $3,187,397$3,282,219
X-17 Accounts payable and accrued expensesStart of year $39,780$43,995
X-19 Deferred revenueStart of year $222,488$253,979
X-25 Other liabilitiesStart of year $111,110$270,765
X-26 Total liabilitiesStart of year $3,700,822$3,756,898
X-27 Net assets without donor restrictionsStart of year −$531,330−$493,150
X-28 Net assets with donor restrictionsStart of year $17,905$18,471
X-32 Total net assets or fund balancesStart of year −$513,425−$474,679
X-33 Total liabilities and net assetsStart of year $3,187,397$3,282,219
Part XI · Reconciliation of net assets −$474,679 net assets at year end
XI-1 Total revenue$2,401,369
XI-2 Total expenses$2,362,623
XI-3 Revenue less expenses$38,746
XI-4 Net assets at start of year−$513,425
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$474,679

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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