2021-03-23T14:55:02-05:00 2020-07-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2019-08-01 530246895 EDITORIAL PROJECTS IN EDUCATION INC EDIT 3012803100 6935 ARLINGTON ROAD NO 100 BETHESDA MD 20814 MICHELE J GIVENS PRESIDENT & CEO 3012803100 2021-03-23 1 RICHARD J LOCASTRO CPA P00288314 3019519090 2019 2022-09-23 18:48:47Z MICHELE J GIVENS 6935 ARLINGTON ROAD NO 100 BETHESDA MD 20814 30847940 0 X WWW.EDWEEK.ORG X 1959 DC SEE PART III, LINE 1. 10 10 122 10 9358930 0 3333001 5075000 13334206 13428855 1216338 1738596 309117 160684 18192662 20403135 0 0 0 0 9857606 9581274 0 0 0 6334063 6485329 16191669 16066603 2000993 4336532 25886616 34513412 11720888 17052020 14165728 17461392 X EDITORIAL PROJECTS IN EDUCATION, INC. (EPE) WAS ESTABLISHED TO RAISE THE LEVEL OF AWARENESS AND UNDERSTANDING AMONG PROFESSIONALS AND THE PUBLIC OF IMPORTANT ISSUES IN AMERICAN EDUCATION THROUGH A VARIETY OF TARGETED PRODUCTS AND MEDIA. ITS PURVIEW SPANS LOCAL, STATE, AND NATIONAL NEWS; ISSUES FROM PRESCHOOL THROUGH THE 12TH GRADE. EPE PROMOTES THIS MISSION PRINCIPALLY THROUGH ITS PUBLISHING ENTERPRISES - THE EDUCATION WEEK NEWSPAPER, THE EDWEEK.ORG WEBSITE, ED WEEK VIDEO, ANNUAL REPORTS, BOOK PUBLISHING AND LEADERS TO LEARN FROM. 0 0 11043958 13428855 EDITORIAL PROJECTS IN EDUCATION (EPE) IS THE INDEPENDENT, NONPROFIT PUBLISHER OF EDUCATION WEEK AND OTHER HIGH-QUALITY PRODUCTS FOCUSED ON K-12 EDUCATION. EPE'S MISSION IS TO RAISE AWARENESS AND UNDERSTANDING OF CRITICAL ISSUES FACING AMERICAN SCHOOLS. BEST KNOWN AS THE PUBLISHER OF EDUCATION WEEK, CONSIDERED THE "MUST READ" NEWS SOURCE IN ELEMENTARY AND SECONDARY EDUCATION, EDUCATION WEEK HAS FOCUSED ATTENTION LIKE NO OTHER MEDIA OUTLET ON THE SHORTCOMINGS AND SUCCESS STORIES IN AMERICAN SCHOOLS. EPE ALSO HAS THE TOPSCHOOLJOBS ONLINE RECRUITMENT SERVICE AND A RESEARCH CENTER THAT SERVES STAKEHOLDERS BOTH INSIDE EPE AND OUT.EPE ALSO PUBLISHES A PREMIUM MEMBERSHIP PRODUCT - EDWEEK MARKET BRIEF - A BUSINESS-INTELLIGENCE SERVICE, WHICH COVERS THE MARKETPLACE OF K-12 EDUCATION. 11043958 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 110 0 1 122 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X X DESIREE FORD 3012803100 6935 ARLINGTON ROAD NO 100 BETHESDA MD 20814 HARRIETT SANFORD CHAIR 5.00 X X 0 0 0 JERRY WEAST VICE CHAIR 3.00 X X 0 0 0 CHRISTINE WILLIG TREASURER 3.00 X X 0 0 0 JOSEPH TAVARES SECRETARY 3.00 X X 0 0 0 AIDA MOLINA TRUSTEE 2.00 X 0 0 0 SUSAN ENFIELD TRUSTEE 2.00 X 0 0 0 JOHN GEDDES TRUSTEE 2.00 X 0 0 0 JIM ZIELINSKI TRUSTEE 2.00 X 0 0 0 BARBARA NEWTON TRUSTEE 2.00 X 0 0 0 ED O'CONNELL TRUSTEE 2.00 X 0 0 0 MICHELE GIVENS PRESIDENT & CEO 40.00 X 402729 0 26983 SHAIY KNOWLES ASSISTANT SECRETARY 40.00 X 67592 0 8466 DESIREE FORD DIRECTOR OF FINANCE 40.00 X 102340 0 9856 CHRISTOPHER SWANSON VP, DEVELOPMENT & EXTERNAL COMM. 40.00 X 181268 0 24021 BENJAMIN DELANEY-WINN GLOBAL MNGR, GLOBAL SALES & ADVERT. PRODUCTION 40.00 X 275790 0 26857 MAURICE BAKLEY CHIEF REVENUE OFFICER 40.00 X 241147 0 25817 SCOTT MONTGOMERY EDITOR-IN-CHIEF/CCO 40.00 X 224830 0 7743 KAREN MCKAY DIRECTOR OF SALES, AMS 40.00 X 228647 0 7857 1724343 0 137600 27 0 1 0 AREA 17 MEDIA LLC 99 RICHARDSON STREET 2ND FL BROOKLYN NY 11211 WEBSITE REDESIGN 534719 PERFECT SENSE INC 12120 SUNSET HILLS ROAD THE 6TH FL RESTON VA 20190 WEBSITE REDESIGN 403750 FRY COMMUNICATIONS INC 800 WEST CHURCH ROAD MECHANICSBURG PA 17055 PRINTING & MAILING SERVICES 378169 PMALLIANCE INC PO BOX 621 TUCKER GA 30085 TRANSFORMATION PROJECT CONSULTATION 259045 TARGET LABS 8300 OLD COURTHOUSE ROAD SUITE 250 VIENNA VA 22182 IT CONSULTING 239148 12 5075000 5075000 ON-LINE ADVERTISEMENTS 561300 7805041 7805041 SITE LICENSES 900099 2352022 2352022 PRINT ADVERTISEMENTS 541800 1605200 1605200 SUBSCRIPTIONS 900099 1505281 1505281 LIVE EVENTS 900099 133036 133036 28275 28275 13428855 279716 279716 211995 211995 516312 567623 -51311 -51311 -51311 11336062 9877182 1458880 1458880 1458880 20403135 4018614 9358930 1950591 601036 218253 382783 7482063 6651810 830253 216827 186736 30091 713711 608563 105148 567637 471139 96498 79315 79315 45516 45516 17657 17657 1397352 1078573 318779 132978 132978 382601 42386 340215 1629292 1629292 167599 167599 227186 215192 11994 92830 81291 11539 201467 201467 679222 679222 57322 57322 PRINTING 263847 263847 POSTAGE 257709 257709 DIRECT MAILING 253205 253205 FULFILLMENT 226991 226991 373240 355285 17955 16066603 11043958 5022645 0 1669460 3894537 858037 2811318 1900000 2895000 1709716 1743017 280597 252289 16267040 6425546 9775019 9841494 9560911 12972984 22500 22500 110376 80273 25886616 34513412 968099 1301832 2953014 2993887 7775267 11083359 1661766 24508 11176 11720888 17052020 X 10778780 12795065 3386948 4666327 14165728 17461392 25886616 34513412 4336532 -1040868 0 X 0 1 X 1 0 X 8127115 1045000 4060000 3333001 5075000 21640116 3930822 4157887 4183729 4107172 4018614 20398224 12057937 5202887 8243729 7440173 9093614 42038340 0 166678 177275 106005 44643 36962 531563 166678 177275 106005 44643 36962 531563 41506777 1299069 1053448 953060 1442165 491711 5239453 81688 0 81688 1299069 1053448 953060 1523853 491711 5321141 201 361 2750 102 3414 13357207 6256696 9199539 8964128 9585325 47362895 0.87640 0.86180 0.11230 0.12640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 572669 572669 10846993 4987758 5859235 532488 407149 125339 4314890 1030639 3284251 9841494 DEFERRED RENT 11176 11176 X 19912233 -1040868 567623 -473245 20385478 17657 17657 20403135 16616569 567623 567623 16048946 17657 17657 16066603 PART X, LINE 2: FOR THE YEAR ENDED JULY 31, 2020, EPE HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED AS AN EXPENSE IN THE AUDIT 567,623. AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 6C. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED AS AN EXPENSE IN THE AUDIT 567,623. AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 6C. X X X 0 0 0 1 0 0 0 1 0 MICHELE GIVENS PRESIDENT & CEO 340602 0 62127 0 0 0 8400 0 18583 0 429712 0 0 0 CHRISTOPHER SWANSON VP, DEVELOPMENT & EXTERNAL COMM. 174926 0 6342 0 0 0 5438 0 18583 0 205289 0 0 0 BENJAMIN DELANEY-WINN GLOBAL MNGR, GLOBAL SALES & ADVERT. 129190 0 146600 0 0 0 8274 0 18583 0 302647 0 0 0 MAURICE BAKLEY CHIEF REVENUE OFFICER 221147 0 20000 0 0 0 7234 0 18583 0 266964 0 0 0 SCOTT MONTGOMERY EDITOR-IN-CHIEF/CCO 205830 0 19000 0 0 0 6745 0 998 0 232573 0 0 0 KAREN MCKAY DIRECTOR OF SALES, AMS 144348 0 84299 0 0 0 6859 0 998 0 236504 0 0 0 PART I, LINE 5 AD SALES REPRESENTATIVES COMPENSATION PACKAGES INCLUDE A BASE SALARY PLUS COMMISSIONS. THE COMMISSIONS ARE CALCULATED BASED ON THE SALES REVENUE OF EACH SALES REPRESENTATIVE. PART I, LINE 7 BONUSES AND INCENTIVE COMPENSATION ARE REPORTED ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 8B EACH COMMITTEE DOCUMENTS ANY/ALL ACTIONS COMPLETED ON BEHALF OF THE BOARD IMMEDIATELY IN WRITING. HOWEVER MOST MEETINGS ARE SIMPLY DISCUSSIONS OF ITEMS TO BE BROUGHT TO THE ATTENTION OF THE BOARD, THESE DISCUSSIONS ARE NOT DOCUMENTED IN THE FORM OF MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS PREPARED BY THE OUTSIDE ACCOUNTANT. THE PRESIDENT AND CFO REVIEW THE 990 PRIOR TO SUBMISSION. THE ENTIRE BOARD WILL RECEIVE A COPY OF THIS 990 TO REVIEW PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT, AND TO NOTIFY THE PRESIDENT OR OTHER OFFICERS WHEN ANY CONFLICT OF INTEREST ARISES. ANY CONFLICT OF INTEREST NOTED WOULD BE FOLLOWED UP ON BY THE BOARD. EMPLOYEES ARE REQUIRED TO COMPLETE A DISCLOSURE FORM AND ARE REQUIRED TO DISCUSS ANY POTENTIAL CONFLICTS OF INTEREST WITH THEIR MANAGER, THE PRESIDENT AND/OR CFO. AFTER DISCLOSURE OF THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD MEMBER LEAVES THE BOARD MEETING WHILE THE CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, OR MAY EXIST, THE AFFECTED BOARD MEMBER ABSTAINS FROM ANY ACTION RELATED, IN ANY FASHION, TO THE INTEREST AND SHOULD ABSENT HIMSELF OR HERSELF FROM ANY PORTION OF ANY PROCEEDINGS AT WHICH ACTION IS CONSIDERED OR TAKEN REGARDING THE INTEREST. ANY DOUBT REGARDING WHETHER A CONFLICT OF INTEREST EXISTS IS RESOLVED IN FAVOR OF DISCLOSURE, ABSTENTION AND ABSENCE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SETS THE COMPENSATION FOR THE PRESIDENT. EACH YEAR, THE COMMITTEE REVIEWS COMPARATIVE SALARY DATA AND LOOKS AT SALARY RANGES PAID IN SIMILAR ORGANIZATIONS. THE PRESIDENT IS ELIGIBLE FOR ALL OF THE BENEFITS AVAILABLE TO OTHER FULL TIME EMPLOYEES. THE COMPENSATION PROCESS IS DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN JANUARY, 2020. THE PRESIDENT HAS THE FINAL APPROVAL FOR ALL OTHER OFFICER COMPENSATION. AN AVERAGE SALARY INCREASE FOR THE ORGANIZATION IS INCLUDED IN THE BUDGET EACH YEAR AND MANAGERS ARE INSTRUCTED TO KEEP SALARY INCREASES WITHIN THAT RANGE. THIS RANGE IS DETERMINED BY LOOKING BOTH AT THE EPE BUDGET AND AVAILABLE RESOURCES, AS WELL AS SURVEY DATA. ALL SALARIES FOR NEW HIRES AS WELL AS SALARY INCREASES MUST BE APPROVED BY TWO LEVELS OF MANAGEMENT. INITIAL SALARIES ARE NEGOTIATED BASED ON THE EMPLOYEE'S EXPERIENCE AND COMPARATIVE DATA. SALARIES ARE REVIEWED AT LEAST ANNUALLY, LOOKING AT COMPARATIVE DATA WHEN AVAILABLE AS WELL AS CONTRIBUTIONS TO THE ORGANIZATION. OUT-OF-CYCLE INCREASES ARE RARE AND ARE TYPICALLY IN CONJUNCTION WITH A PROMOTION/CHANGE IN RESPONSIBILITY; THESE MUST ALL HAVE APPROVAL BY TWO LEVELS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 EPE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.