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Private School Tuition Fund 123

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815435928 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Private School Tuition Fund 123?

Private School Tuition Fund 123 is a nonprofit organization situated in Phoenix, Arizona, specifically at 428 E Thunderbird Road 130. Their primary mission is to provide financial assistance in the form of scholarships for tuition at approved private schools within Arizona, adhering to the state's individual and corporate tax credit programs. Their allocations are based on the financial needs of the students and the available funds for distribution, as evidenced by providing 119 scholarships to 11 private schools during the 2022 fiscal year. As a school tuition organization, they are mandated by Arizona Revised Statute 43-1089 to allocate at least 90% of their qualifying annual revenue towards educational scholarships or tuition grants, aiming to make private school education more affordable for all students.


Official website here: www.pstf123.org

Is Private School Tuition Fund 123 legitimate?

Private School Tuition Fund 123 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Private School Tuition Fund 123 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $23,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pstf123.org

What is the mission statement of Private School Tuition Fund 123?

Private School Tuition Fund 123, as a school tuition organization, is mandated by Arizona Revised Statute 43-1089 to allocate at least 90% of its qualifying annual revenue towards educational scholarships or tuition grants. The organization's primary goal is to make affordable private school education accessible to all students. In line with this mission, Private School Tuition Fund 123 awards scholarships to eligible students, considering their financial needs and the available funds, to cover their tuition at approved private schools within Arizona's individual and corporate tax credit programs. During the 12-month period ending June 30, 2022, the fund provided 119 scholarships to 11 different private schools.


Official website here: www.pstf123.org

Who is the CEO of Private School Tuition Fund 123?

Tiffany Seidemann is the President & Ceo of Private School Tuition Fund 123. The CEO's salary of Private School Tuition Fund 123 is $5,000 and their total compensation is $5,000.


Official website here: www.pstf123.org

What is the revenue of Private School Tuition Fund 123?

Private School Tuition Fund 123's revenue in 2022 was $855,058.


Official website here: www.pstf123.org

Who are the executives of Private School Tuition Fund 123 and what are their salaries?

Here are 3 key members and their salaries (Private School Tuition Fund 123's CEO's salary is $5,000 and their total compensation is $5,000):

    Tiffany Seidemann (President & Ceo) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Leah Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rena Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pstf123.org

    Where can I find the form 990 for Private School Tuition Fund 123?

    The Private School Tuition Fund 123’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pstf123.org

    Learn more at the official website: www.pstf123.org

    Mission Statement of Private School Tuition Fund 123

    Private School Tuition Fund 123, as a school tuition organization, is mandated by Arizona Revised Statute 43-1089 to allocate at least 90% of its qualifying annual revenue towards providing educational scholarships or tuition grants. The organization's mission is centered around ensuring that affordable private school education is accessible to all students. In line with this mission, Private School Tuition Fund 123 awards scholarships to eligible students, enabling them to attend approved private schools in Arizona, based on their financial needs and the funds available for distribution. During the twelve-month period ending on June 30, 2022, the organization successfully provided 119 scholarships to 11 private schools, demonstrating its commitment to making private education more affordable for numerous students.

    Impact

    This information is meant to be a general summary of Private School Tuition Fund 123. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Private School Tuition Fund 123 has made a significant impact by providing 119 scholarships to students attending 11 private schools in Arizona. These scholarships help make private school education more affordable for students in need, ensuring that they have access to quality education opportunities that may otherwise be out of reach. By allocating at least 90 percent of its qualifying annual revenue for educational scholarships or tuition grants, Private School Tuition Fund 123 is fulfilling its mission to support students and promote educational access and equity.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Program Service Revenue: $0
  • Gross Receipts: $855,058

    • Assets and Liabilities:
  • Total Assets: $748,795
  • Total Liabilities: $0
  • Net Assets: $748,795
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Tiffany Seidemann

    Main Address

    428 E THUNDERBIRD ROAD 130, PHOENIX, AZ, 85022

    NTEE Category

    Code: B82 - Education

    If you are a representative of Private School Tuition Fund 123 and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.