2018-06-22T11:31:02-05:00 2017-09-30 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2016-10-01 270892545 Edify EDIF 8554633439 8825 Aero Dr No 220 San Diego CA 92123 Chris Fenton CFO/SVP 6198840099 2018-06-22 1 Francis K Brown II P00465640 7145770988 2016 2022-09-23 18:48:47Z Tiger Dawson 8825 Aero Dr No 220 San Diego CA 92123 6121409 0 X www.edify.org X 2009 CA To bring Jesus Christ to children through better academic education. 7 6 25 23 0 0 4821076 6029241 40816 49453 1758 1652 0 -9318 4863650 6071028 1031658 1099415 0 0 1581977 1660381 0 0 981261 2273291 2633796 4886926 5393592 -23276 677436 2533298 3126930 146106 62302 2387192 3064628 X To improve and expand sustainable, Christ-centered education globally. 0 0 4068373 1099415 49453 Edify is focused on delivering 4 key resources to help Christian Edupreneurs lift their communities out of poverty:1.Training of school leaders and teachers to develop Christ-like character in students and provide high quality education.2.Loan Capital to expand and improve school facilities.3.Training of school leaders to manage and grow their schools effectively.4.Education Technology to enhance learning outcomes and employability.Persons served in fiscal year 2017 - 506,090 comprised of 499,325 children, 3,682 teachers, 3,083 edupreneurs.Schools served in fiscal year 2017 - 1,495 in 10 developing world countries 4068373 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 25 1 0 1 GH RW 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL IL MA MN NJ PA OK OR TN X X Chris Fenton 8554633439 8825 Aero Dr No 220 San Diego CA 92123 Christopher Crane Chairman and CEO 40.00 X X 0 0 0 Peter Greer Vice Chairman 1.00 X X 0 0 0 George T Dawson President & Board Member 50.00 X X 150000 0 0 Kurt Knapton Audit Committee Chairman 1.00 X 0 0 0 Debbie Hall Board Member 1.00 X 0 0 0 Marnie Nair Board Member 1.00 X 0 0 0 David Slover Board Member 1.00 X 0 0 0 Dale Dawson part year Audit Committee Chairman 1.00 X 0 0 0 Chris Fenton SVP Operations & CFO 50.00 X 95000 0 13360 Vanessa Folsom VP Operations & Secretary 50.00 X 93000 0 10416 Abigail Bach VP Program Strategy & Phil 40.00 X 128000 0 11492 Michael Peay VP Information Technology 40.00 X 120000 0 16662 586000 0 51930 3 0 0 0 0 87750 5941491 69608 6029241 Training programs 900099 49453 49453 49453 1729 1729 40986 41063 -77 -77 -77 0 87750 9318 -9318 -9318 6071028 49453 0 -7666 X 1099415 1099415 340886 212620 82766 45500 1040984 340841 127449 572694 174162 51006 24013 99143 104349 40584 15622 48143 12448 6807 5641 17845 17845 1111629 1104560 5853 1216 24079 24079 107340 74274 6517 26549 86736 75544 926 10266 93047 67045 11812 14190 551216 425761 16923 108532 19044 6961 2398 9685 20560 14870 1630 4060 23483 23483 Edupreneur Training 271949 271949 Teacher Training 144602 144602 Student Training 125622 125622 24196 5912 1080 17204 5393592 4068373 343958 981261 1605343 2005962 656472 640067 147077 370786 124864 79490 43732 45374 35006 19005 45668 45736 2533298 3126930 140653 61219 5453 1083 146106 62302 X 1072773 1907653 1314419 1156975 2387192 3064628 2533298 3126930 677436 0 X X 0 1 X 1 0 X 3917887 4149045 4463466 4821076 6029241 23380715 3917887 4149045 4463466 4821076 6029241 23380715 996498 22384217 2223 3426 1857 1758 1729 10993 23391708 115338 0.95690 0.95040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124864 79490 45374 45374 Other long term liablities 1083 1083 6303536 223113 9318 232431 6071105 -77 -77 6071028 5626100 223113 9395 232508 5393592 0 5393592 Part XI, Line 2d - Other Adjustments: Fundraising event expenses 9,318. Part XI, Line 4b - Other Adjustments: Loss on sale of stock -77. Part XII, Line 2d - Other Adjustments: Fundraising events expenses 9,318. Loss on sale of stock 77. 1 Sub-Saharan Africa 0 4 Grants to Recipients Located in Region 852819 Central America and the Caribbean 0 2 Grants to Recipients Located in Region 31954 South America 0 1 Grants to Recipients Located in Region 58079 South Asia 0 1 Grants to Recipients Located in Region 156563 Central America and the Caribbean 1 10 Program Services Travel, Training, Education & staff expenses within country in support of low fee independent Christian schools 463050 South America 0 1 Program Services Travel, Training, Education & staff expenses within country in support of low fee independent Christian schools 107803 Sub-Saharan Africa 5 33 Program Services Travel, Training, Education & staff expenses within country in support of low fee independent Christian schools 1576403 South Asia 0 1 Program Services Travel, Training, Education & staff expenses within country in support of low fee independent Christian schools 85370 6 53 0 0 6 53 3332041 0 3332041 Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools 300494 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools 119486 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools. 99961 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools. 50000 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools. 94898 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools. 46678 Wire Transfer USD Sub-Saharan Africa Grants for loans to finance construction and improvements to low fee independent Christian schools. 13211 Wire Transfer USD Sub-Saharan Africa Training and professional development of school leaders, leadership training research 123894 Wire Transfer USD South America Grants for loans to finance construction and improvements to low fee independent Christian schools 58079 Wire Transfer USD Central America and the Caribbean Grants for loans to finance construction and improvements to low fee independent Christian schools 31954 Wire Transfer USD South Asia Grants for loans to finance construction and improvements to low fee independent Christian schools. 156563 Wire Transfer USD 7 4 0 0 0 0 0 0 Part I, Line 2: All the institutions that are given funding are visited either quarterly or semi-annually by Edify executives to ensure the funds are being allocated according to their agreement with Edify. Edify also receives quarterly field reports from the funding recipients. Part I, line 3: Foreign partners that receive funding from Edify for training activities and loans to schools are required to submit an accounting of expenses on a monthly or quarterly basis. For specific training events the budget is approved in advance with a final reconciliation of actual to budgeted expenses upon completion. All travel expenses of Edify staff and agents overseas are accounted for with expense reports and supporting documentation. The accrual method of accounting is used for all transactions. Founder's Dinner 87750 87750 1772 6463 1083 87750 87750 1772 6463 1083 9318 -9318 X 7 40986 FMV-Securities Sales X Training costs 1 24150 FMV X Software 8 4472 FMV-Similar Sales 0 0 1 0 Part I, Column (b): The contributions reported are the number of contributions received. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and then provided to the CEO, CFO, and Board of Directors to review prior to filing. After the return is thoroughly reviewed by the CEO and CFO, it is given back to the CPA for filing with the IRS. Form 990, Part VI, Section B, line 12c Edify requires officers, directors, senior management team and key employees to disclose in writing information regarding their interests and those of their family members that could give rise to conflicts of interest or an appearance of impropriety. Written disclosures are updated at least annually. Actual or potential conflicts of interest will be reviewed by the CEO, Chairman or Vice Chairman of the Board, and then presented to the Governance, Nominating and Compensation Committee. Persons with a disclosed actual or potential conflict will be prohibited from participating in deliberations and decisions by the Governing Board or Governance, Nominating and Compensation Committee. If a conflict is proved to exist, the person with the conflict will be asked to discontinue such action/relationship or otherwise remove such conflict. Form 990, Part VI, Section B, line 15 Compensation is set by the CEO based on industry standards for all employees except for himself. The independent board, after reviewing compensation committee recommendations based upon industry standards and published non-profit surveys for comparable positions, approves any salaries over $100,000 and benefits for the CEO, and that approval is documented in the minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are made available upon request. Form 990, Part IX, line 11g Program contract workers: Program service expenses 951,938. Management and general expenses 0. Fundraising expenses 0. Total expenses 951,938. Program consultants: Program service expenses 121,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 121,539. Program Education Research: Program service expenses 4,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,232. Payroll Services: Program service expenses 1,005. Management and general expenses 539. Fundraising expenses 1,216. Total expenses 2,760. HR Consulting: Program service expenses 0. Management and general expenses 5,209. Fundraising expenses 0. Total expenses 5,209. Other: Program service expenses 25,846. Management and general expenses 105. Fundraising expenses 0. Total expenses 25,951. Form 990, Part XI, Line 2c: The organization has an audit committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.