2023-08-07T11:04:13-05:00 2022-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-01-01 462975017 EDFUEL EDFU 3103097234 300 NEW JERSEY AVE NW 900 WASHINGTON DC 20001 KERRI-ANN NESBETH MANAGING PARTNER 3103097234 2023-07-13 1 KERRI-ANN NESBETH 999009999 0 TIANA WYNN P00997288 4105840060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KERRI-ANN NESBETH 300 NEW JERSEY AVE NW 900 WASHINGTON DC 20001 2221170 0 X WWW.EDFUEL.ORG X 2013 DC EDFUEL'S MISSION IS TO ATTRACT, DEVELOP, AND RETAIN THE NEXT GENERATION OF LEADERS TO THE RAPIDLY EVOLVING K-12 EDUCATION SECTOR 7 7 13 7 0 0 2390 518000 1737030 1701213 141 1957 0 0 1739561 2221170 0 0 0 0 1280147 1480225 0 0 33702 313127 501873 1593274 1982098 146287 239072 1272680 1617206 186604 292058 1086076 1325148 EDFUEL'S MISSION IS TO ATTRACT, DEVELOP, AND RETAIN THE NEXT GENERATION OF LEADERS TO THE RAPIDLY EVOLVING K-12 EDUCATION SECTOR. 0 0 1480998 1701213 EDFUEL'S MISSION IS TO ATTRACT, DEVELOP, AND RETAIN THE NEXT GENERATION OF LEADERS TO THE RAPIDLY EVOLVING K-12 EDUCATION SECTOR. 1480998 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 29 0 13 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X KERRI-ANN NESBETH 3103097234 300 NEW JERSEY AVE NW 900 WASHINGTON DC 20001 JESSICA CUNNINGHAM BOARD CHAIR 1.00 X X 0 0 0 KRISTOFFER HAINES TREASURER 1.00 X X 0 0 0 FEDERICO GONZALEZ MEMBER 1.00 X 0 0 0 AWAIS SUFI TERM PRIOR 1222 MEMBER 1.00 X 0 0 0 EMMILE BRACK MEMBER 1.00 X 0 0 0 BECCA BRACY KNIGHT MEMBER 1.00 X 0 0 0 LAURA CLANCY MEMBER 1.00 X 0 0 0 MITCHELL HOPSON MEMBER 1.00 X 0 0 0 RAVEN FREEMAN PARTNER 40.00 X 142702 0 14583 MARY MASON BOAZ PARTNER 40.00 X 116287 0 2438 KELLY GLEISCHMAN MANAGING PARTNER 40.00 X 167173 0 25429 426162 0 42450 3 0 1 0 0 518000 518000 TALENT MANAGEMENT SUPP 900099 715781 715781 COMPENSATION DESIGN 900099 649120 649120 TALENT COHORTS 900099 268459 268459 COACHING 900099 67853 67853 1701213 1957 1957 2221170 1701213 0 1957 325319 234381 86195 4743 954336 687566 252857 13913 99588 71749 26387 1452 100982 72754 26756 1472 21616 19454 2162 19200 6480 720 12000 8851 7966 885 26892 4895 21997 150 135 15 2466 1777 653 36 29669 18399 11256 14 2137 1540 566 31 2931 2834 95 2 OTHER PROFESSIONAL FEES 306431 277368 29063 PROGRAM SUPPLIES 49018 44439 4540 39 SUBCONTRACTOR 32512 29261 3251 1982098 1480998 467398 33702 1061242 1434793 184335 163939 11236 21669 3941 35109 31812 5434 3297 1272680 1617206 43495 36617 143109 255441 186604 292058 X 1036076 1096534 50000 228614 1086076 1325148 1272680 1617206 239072 0 X 0 1 X 1 0 X 282119 457947 179066 2390 518000 1439522 282119 457947 179066 2390 518000 1439522 1439522 135 223 141 141 1957 2597 141 141 1442260 0.99810 0.99920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35109 31812 3297 3297 X 2221170 0 2221170 0 2221170 1979053 0 1979053 3045 3045 1982098 PART X, LINE 2: EDFUEL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3), OF THE INTERNAL REVENUE CODE AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. THE PROVISION INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. EDFUEL PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2022, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2019 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH EDFUEL FILES TAX RETURNS. IT IS EDFUEL'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER EXPENSES 0 0 0 0 0 0 0 0 0 KELLY GLEISCHMAN MANAGING PARTNER 153712 0 13461 0 0 0 21445 0 3984 0 192602 0 0 0 RAVEN FREEMAN PARTNER 130318 0 12384 0 0 0 6757 0 7826 0 157285 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THERE ARE TWO BOARD MEMBERS WHO LEAD ORGANIZATIONS THAT ARE CLIENT'S OF EDFUEL'S . THE NATIONAL EQUITY PROJECT AND SCHOOL SMART KANSAS CITY HAVE HIRED AND COMPENSATED EDFUEL AS A CONSULTANT. FORM 990, PART VI, SECTION A, LINE 2 THE EDFUEL BOARD OF DIRECTORS IS REGULARLY INFORMED OF CONTRACTS WITH INTERESTED PARTIES. EMMILE BRACK, AN EDFUEL BOARD MEMBER, SERVES AS THE NATIONAL EQUITY PROJECT CHIEF OPERATING OFFICER. AWAIS SUFI, AN EDFUEL BOARD MEMBER, SERVES AS CHIEF EXECUTIVE OFFICER OF SCHOOLSMARTKC. THE NATIONAL EQUITY PROJECT AND SCHOOLSMARTKC HIRED AND COMPENSATED EDFUEL AS A CONSULTANT. THESE TRANSACTIONS WERE DISCLOSED TO THE BOARD OF DIRECTORS. AWAIS SUFI STEPPED DOWN AS A BOARD MEMBER IN 2022. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION USED A COMPREHENSIVE REVIEW PROCESS TO REVIEW THE FORM 990 PRIOR TO SUBMISSION. AN INDEPENDENT CPA FIRM PREPARED THE FORM 990. THE BOARD OF DIRECTORS REVIEW THE FORM 990 AND RECOMMEND ANY CHANGES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE EDFUEL BOARD OF DIRECTORS IS IN THE PROCESS OF CREATING A FORMAL PROCESS TO MONITOR CONFLICT OF INTEREST POLICY. HOWEVER, THE BOARD IS UTILIZING QUARTERLY BOARD MEETINGS TO ASSESS ANY CONFLICTS OF INTEREST THAT HAS RISEN. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES MARKET COMPARABLES TO DETERMINE COMPENSATION FOR FULL TIME STAFF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL DOCUMENTS WILL BE PROVIDED UPON REQUEST.