2025-04-09T09:51:34-07:00 2024-06-30 861097761 LORENZO PLC 1450 W GUADALUPE RD STE 111 GILBERT AZ 85233 990 2023-07-01 208654135 Candeo Schools Inc CAND 6239796500 9965 W Calle Lejos Peoria AZ 85383 Stephanie Musser Director 6239796500 2025-02-27 true true Anthony Lorenzo P02446044 4806441097 2023 2025-03-06 01:10:19Z Stephanie Musser 9965 W Calle Lejos Peoria AZ 85383 7319567 false X www.candeoschools.com X 2007 AZ Education To nurture natural curiosity, gifts and talent and the power to learn. 4 3 119 0 0 0 8530219 6772578 302336 275190 65307 167338 80193 87106 8978055 7302212 0 0 4182121 3780564 0 0 3016280 2922368 7198401 6702932 1779654 599280 23986886 23908565 17603485 16925884 6383401 6982681 To nurture natural curiosity, gifts and talent and the power to learn. false false 6435766 0 529634 The School provided education to approximately 695 students in kindergarten through eighth grade during the 2023-2024 school year. 6435766 true false false false false false false false false false true false false false false true true false true false false false false false false false false false false true true false true false false false false false false true false false false false false false false false false false false true 14 0 119 true false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true false false X Organization 6239796500 9965 W Calle Lejos Peoria AZ 85383 Stephanie Musser CEO 50.00 X X 227637 0 8704 Michael Peugnet Director 1.00 X 0 0 0 Robert Burns Director 1.00 X 0 0 0 Teresa Foulger Director 1.00 X 0 0 0 227637 0 8704 1 false true false Eleutheria LLC 13385 W McDowell Rd Goodyear AZ 85395 SPED Services 238306 Power IT Solutions 13656 S 36th Way Phoenix AZ 85044 I.T. Services 146515 Regency Building Solution LLC 10818 N 32nd Lane Phoenix AZ 85029 Building Cleaning and Maintenance 111001 3 6594531 178047 6772578 Full day kindergarten 611110 275190 0 0 275190 167338 0 0 34709 17355 17354 17354 17354 School activities 611620 40051 40051 0 0 Before and after school services 611110 21786 21786 0 0 Supply sales 611110 2773 2773 0 0 5142 5142 0 0 69752 7302212 529634 0 0 187050 100171 86879 0 3131719 3131719 0 0 53740 53740 0 0 139252 139252 0 0 268803 262157 6646 0 22489 0 22489 0 120740 0 120740 0 453200 422788 30412 0 30707 30707 0 0 192162 192162 0 0 145481 145481 0 0 949538 949538 0 0 46044 46044 0 0 690119 690119 0 0 23901 23901 0 0 Classroom Supplies 218619 218619 0 0 Dues & Fees 29226 29226 0 0 142 142 0 0 6702932 6435766 267166 0 6803372 85140 1012900 8369265 346095 306824 4210 10571 5767 12342 20402653 5278230 15814542 15124423 23986886 23908565 581194 373493 17022291 16552391 17603485 16925884 X 6383401 6982681 6383401 6982681 23986886 23908565 599280 X false true X false false X 0 0 0 0 0 0 1999370 1999370 17226808 4391220 12835588 931717 788055 143662 244758 98955 145803 15124423 X 7319567 17355 17355 7302212 7302212 6720287 17355 17355 6702932 6702932 Pt X, Line 2 Uncertain Tax Positions - The School accounts for uncertain tax positions, if any, in accordance with FASB Accounting Standards Codification Section 740. In accordance with these professional standards the School recognizes tax positions only to the extent that Management believes it is more likely than not that its tax positions will be sustained upon IRS examination. Management believes that it has no uncertain tax positions for the year ended June 30, 2024. Pt XI, Line 2d Rental expenses of $17,355 are recorded as reduction to rental revenue on Form 990 Part VIII, Line 6b, but included as expenses in the financial statements. Pt XII, Line 2d Rental expenses of $17,355 are recorded as reduction to rental revenue on Form 990 Part VIII, Line 6b, but included as expenses in the financial statements. true true false true false true true false false false false false false false false true false true Line 6b The School receives monthly aid payments and grants from the State of Arizona based on the number of students enrolled and attending. The School also received federal grants passed through the Arizona State Department of Education. These funds are used in accordance with the requirements set forth by the State of Arizona and/or the federal government. X X false false false false false false false true false Stephanie Musser 193887 0 33750 0 0 0 8704 0 0 0 236341 0 0 0 Pt I Line 7 The CEO was awarded a performance bonus of $33,750, as approved by the Board. Of the $33,750, $33,000 was awarded in a prior year, and paid in May 2023. The $750 bonus was paid in December 2023. A Arizona Industrial Development Authority 813526584 04052BKT0 2020-02-01 19600000 Purch/construct of buildings false false false A 1350000 490000 20348951 1214222 856500 5828709 13845114 2020 true false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false A true false false 0.000000000000 false 0.000000000000 false Other Part III, Line 9: The School does not have non-qualified bonds. Other Part V: The procedures did not apply during the 12-month period. Other Part IV, Line 7: The Arizona Industrial Development Authority (Issuer) performs the monitoring; however, the procedures did not apply during the 12-month period. Pt II ln 3 A The proceeds are greater than the issue price due to a premium of $748,951 being received. Daniel Musser Relative of Board Member 20540 Employee Compensation false Peri Hall Relative of Board Member 14775 Advertising and Website Maintenance false Pt VI, Line 11b The Executive Director receives the Form 990 directly from the CPA, reads the return for accuracy, addresses questions or concerns and then provides the Form 990 to Board Members for Board review and authorization prior to filing the return. Pt VI, Line 19 The School provides requested materials upon request. Pt VI, Line 12c The School regularly reviews expenditures to monitor and enforce compliance. If a board member has a conflict, they abstain from voting. Pt VI, Line 15a The School reviewed an Arizona State University compensation study and provided corporate board information on other schools of similar size compensation.