Edkey Inc
88% goes to programs $0 to raise $100 Thin reserves
Edkey Inc is a 501(c)(3) organization based in Mesa, Arizona, registered in 2003, with $74,878,450 in FY2023 revenue. CharityIndex grades it C+, and it directs about 88% of spending to programs.
1460 S Horne, Mesa, AZ, 85204 EIN 74-3033931 Since 2003
Revenue (FY2023)
$74.9M
▼ 21.0% vs prior year
Education median: $200K
Expenses (FY2023)
$90.2M
Net assets
-$10.2M
Employees
1,189
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating88% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Edkey Inc: 88% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edkey Inc: 0 mo reserves · -20% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Edkey Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edkey Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Edkey revised core values to t.i.c.k. (transparency, integrity, communication, and kindness)
Contact & location
- Address
- 1460 S Horne, Mesa, AZ, 85204
- City
- Mesa
- State
- Arizona
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $39.0M (FY2013) to $74.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $156.1MNet assets -$10.2M
Operating margin
-20.4%
Spent more than it raised in the latest fiscal year.
Total assets
$145.8M
Total liabilities
$156.1M
Net assets
-$10.2M
Salaries & benefits
$52.1M
58% of expenses
Board members
8
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,878,450▼21.0% | $90,184,182▼3.9% | -$10,242,655▼278% | $145,828,622▼8.6% | 990 |
| 2022 | $94,813,763▲1.9% | $93,843,892▲6.0% | $5,743,077▲143% | $159,463,165▲14.2% | 990 |
| 2021 | $93,024,819▲11.0% | $88,542,807▲14.8% | $2,360,125▲211% | $139,597,788▲2.8% | 990 |
| 2020 | $83,812,049▲57.0% | $77,123,143▲45.4% | -$2,121,887▲75.6% | $135,819,543▲32.0% | 990 |
| 2019 | $53,391,493▲7.2% | $53,052,605▲6.2% | -$8,690,123▲6.0% | $102,870,038▲26.8% | 990 |
| 2018 | $49,789,802▲8.3% | $49,938,355▲5.6% | -$9,247,468▼19.3% | $81,103,514▼3.9% | 990 |
| 2017 | $45,960,992▼0.6% | $47,307,995▼3.3% | -$7,752,055▼21.3% | $84,401,050▼0.2% | 990 |
| 2016 | $46,253,569 | $48,913,979▲0.8% | -$6,391,753▼70.6% | $84,571,041▼11.0% | 990 |
| 2015 | $46,247,590▲6.9% | $48,520,639▲9.0% | -$3,747,662▼149% | $95,027,364▲4.6% | 990 |
| 2014 | $43,252,282▲11.0% | $44,507,103▲9.3% | -$1,504,498▼503% | $90,807,151▼3.1% | 990 |
| 2013 | $38,955,049 | $40,716,846▲27.1% | -$249,677▼117% | $93,742,309▲9.9% | 990 |
| 2012 | — | $32,037,622▲102% | $1,512,120▲320% | $85,279,939▲96.5% | 990 |
| 2011 | — | $15,878,101▼1.5% | $360,379▼45.0% | $43,398,640▲50.6% | 990 |
| 2010 | — | $16,124,395▲8.0% | $654,742▲477% | $28,824,460▲1.2% | 990 |
| 2009 | — | $14,924,063 | -$173,725 | $28,480,990 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Mark J Plitzuweit — $331,706 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark J Plitzuweit | President/ceo (thru 12/24) | 40 | $331,706 |
| Yovhane Metcalfe | Chief Academic Officer | 40 | $189,100 |
| Laurie K Ainge | Executive Director Hr | 40 | $170,035 |
| Juan Beltran Mallen | Secretary/cfo (thru 12/24) | 40 | $169,265 |
| Alfonso F Alva | Assistant Superintendent | 40 | $168,079 |
| Fernando M Nunez | Assistant Superintendent | 40 | $147,806 |
| Melanie E Smihula | Executive Director | 40 | $144,894 |
| Paul K Kremer | Assistant Superintendent | 40 | $134,037 |
| Martin Fraley | Executive Director | 40 | $127,000 |
| Jevon J Lewis | School Principal | 40 | $110,069 |
| Amy Evans | Director | 2 | — |
| Horatio Huerta | Director | 2 | — |
| Karen Liepmann | Director | 2 | — |
| Kevin La Mountain | Director | 2 | — |
| Mary Gifford | Chair | 2 | — |
| Scott Johnson | Director | 2 | — |
| Susan Ciardullo | Director | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Omni Az LLC | Online Instruction Provider | $1,806,501 |
| Downtown Academy | Online Instruction Provider | $1,310,067 |
| English3 LLC | Software Development & Server Maintenanc | $299,185 |
| Adamo Education Inc | Online Instruction Provider | $233,229 |
| Turbo Education Solutions LLC | Psychology Services | $219,262 |
Grants received · $775K total
21 grants to Edkey Inc totaling $775K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arizona Community Foundation | This award is designated for annual program support | 2024 | $53,441 |
| Minneapolis Foundation | Donor advised, general | 2024 | $20,000 |
| Arizona Community Foundation | General support | 2023 | $53,757 |
| Arizona Community Foundation | General support | 2022 | $54,658 |
| Minneapolis Foundation | Donor-recommended, education | 2022 | $25,000 |
| St Marys Food Bank Alliance | Community food assistance | 2022 | $16,662 |
| Arizona Community Foundation | Program support | 2021 | $52,124 |
| Arizona Food Bank Network | Operational support | 2021 | $10,000 |
| Arizona Community Foundation | Program support | 2020 | $53,174 |
| Arizona Community Foundation | Program support | 2020 | $53,174 |
| Arizona Community Foundation | Program support | 2019 | $53,224 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2019 | $10,000 |
| Arizona Community Foundation | Program support | 2019 | $10,000 |
| Arizona Community Foundation | Program support | 2018 | $53,508 |
| Arizona Community Foundation | Program support | 2017 | $53,474 |
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Compare Edkey Inc
Frequently asked questions
- Is Edkey Inc a legitimate nonprofit?
- Yes. Edkey Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-3033931, based in Mesa, Arizona. Donations are tax-deductible.
- What is Edkey Inc's EIN?
- Edkey Inc's Employer Identification Number (EIN) is 74-3033931.
- How much revenue does Edkey Inc report?
- Edkey Inc reported $74,878,450 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Edkey Inc's spending goes to programs?
- Edkey Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Edkey Inc have?
- CharityIndex grades Edkey Inc C+, based on program efficiency and fundraising cost.
- How much does Edkey Inc's highest-paid employee make?
- The highest reported compensation on Edkey Inc's latest Form 990 is $331,706, paid to Mark J Plitzuweit (President/ceo (thru 12/24)).
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Data for Edkey Inc (EIN 74-3033931) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.