2021-05-16T10:29:39-05:00 2020-06-30 131578842 BUCHBINDER TUNICK & CO LLP ONE PENN PLAZA - SUITE 3500 NEW YORK NY 101193601 990 2019-07-01 471019692 EDBUILD INC EDBU 2016857884 140 BAY STREET SUITE A-2 JERSEY CITY NJ 07302 MICHAEL J HASSID TREASURER 2016857884 2021-05-16 1 MICHAEL FRIEDMAN CPA P01066375 2126955003 2019 2022-09-23 18:48:47Z REBECCA SIBILIA 140 BAY STREET SUITE A-2 JERSEY CITY NJ 07302 1623401 0 X WWW.EDBUILD.ORG X 2014 NJ TO BRING COMMON SENSE AND FAIRNESS TO THE WAY STATES FUND PUBLIC SCHOOLS. 7 7 0 0 0 0 1405275 1278337 147393 344906 120 158 0 0 1552788 1623401 0 0 0 0 1139766 1357905 0 0 174444 246377 461528 1386143 1819433 166645 -196032 464016 190831 93890 16737 370126 174094 TO BRING COMMON SENSE AND FAIRNESS TO THE WAY STATES FUND PUBLIC SCHOOLS. 0 0 1419722 344906 EDBUILD PROVIDED SCHOOL FUNDING CONSULTING SUPPORT TO THE STATE LEGISLATURES IN COLORADO AND PUERTO RICO, ISSUED THREE NATIONAL REPORTS, AND BEGAN THE PROCESS OF ORGANIZATIONAL CLOSURE. 1419722 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 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 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 0 0 NJ X SHARON AGNELLO 2016857884 140 BAY STREET SUITE A-2 JERSEY CITY NJ 07302 DERRELL BRADFORD CHAIRMAN 1.00 X 0 0 0 ANGELIA DICKENS SECRETARY 1.00 X X 0 0 0 MICHAEL HASSID TREASURER 1.00 X X 0 0 0 JOSH MCGEE DIRECTOR 1.00 X 0 0 0 HENRY MOSLEY DIRECTOR 1.00 X 0 0 0 HARI SEVUGAN DIRECTOR 1.00 X 0 0 0 MIKE PHILLIPS DIRECTOR 1.00 X 0 0 0 REBECCA SIBILIA CEO 40.00 X 247000 0 30695 MATTHEW RICHMOND CHIEF PROGRAMS OFFICER 40.00 X 162000 0 28547 MARC DEPOE SENIOR DEVELOPER 40.00 X 122996 0 15192 SHARON AGNELLO DIRECTOR OF OPERATIONS 40.00 X 103782 0 9476 SARA HODGES DATA AND VISUALIZATIONS MGR 40.00 X 107520 0 16907 743298 0 100817 5 0 1 0 0 1278337 1278337 CONTRACT REVENUE 900099 344906 344906 344906 158 158 1623401 344906 0 158 X 327419 196450 32743 98226 845773 713287 92740 39746 36100 31651 3208 1241 59849 45642 11817 2390 88764 71508 9523 7733 12621 12621 304077 259442 27634 17001 200 200 6378 5882 370 126 10446 7708 2738 68446 43037 19036 6373 16447 16447 6487 5533 843 111 5963 5963 EQUIPMENT PURCHASES 21628 16699 3432 1497 MISCELLANEOUS 5441 4609 832 DUES AND SUBSCRIPTIONS 3394 1627 1767 1819433 1419722 225267 174444 202574 177631 248242 13200 13200 464016 190831 93890 16737 93890 16737 X 17410 21594 352716 152500 370126 174094 464016 190831 -196032 0 X X 0 1 X 1 0 X 1333600 1685717 600000 1405275 1278337 6302929 1333600 1685717 600000 1405275 1278337 6302929 4797294 1505635 517 442 382 120 158 1619 6304548 0.23880 X IN AUGUST 2019, THE BOARD APPROVED TO WIND DOWN AND LIQUIDATE THE ORGANIZATION. THE LIQUIDATION WILL BE COMPLETED IN FISCAL YEAR 2021. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SECURITY DEPOSIT 13200 13200 X 1623401 0 1623401 0 1623401 1819433 0 1819433 0 1819433 PART X, LINE 2: EDBUILD, INC. FILES AN ANNUAL RETURN FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE (IRS). AT JUNE 30, 2020, THE ORGANIZATION'S FORM 990 FOR THE YEARS 2017 THROUGH 2020 REMIAN ELIGIBLE FOR EXAMINATION BY THE IRS. X X X 1 0 0 0 0 0 0 0 0 REBECCA SIBILIA CEO 247000 0 0 0 0 0 20859 0 9836 0 277695 0 0 0 MATTHEW RICHMOND CHIEF PROGRAMS OFFICER 162000 0 0 0 0 0 20014 0 8533 0 190547 0 0 0 FORM 990, PART VI, SECTION A, LINE 8A MEETINGS WERE HELD DURING THE YEAR BUT MINUTES WERE NOT DOCUMENTED FOR ALL MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A "BOARD APPROVED" CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REGULARLY REVIEWS COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY AND REVIEWS THE PERFORMANCE OF THE CEO TO DETERMINE IF THE EXISTING SALARY FALLS WITHIN THESE RANGES. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY AND BENEFIT PACKAGE IS VOTED ON. THE MINUTES OF THE BOARD OF DIRECTORS REFLECT THE NATURE OF THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 259,442. MANAGEMENT AND GENERAL EXPENSES 27,634. FUNDRAISING EXPENSES 17,001. TOTAL EXPENSES 304,077. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.