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Arizona Private Education Scholarship Fund Inc

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

EIN: 860958161 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

Overview

What is Arizona Private Education Scholarship Fund Inc?

Arizona Private Education Scholarship Fund Inc, based in Scottsdale, Arizona, is a dedicated nonprofit organization that advocates for school choice in the state. Their primary mission is to provide financial aid, in the form of tuition scholarships, to eligible students attending private K-12 schools across Arizona. Certified by the Arizona Department of Revenue, the fund leverages state tax credit and general donation revenues to fulfill this goal. In the 2022-2023 fiscal year, they successfully offered tuition tax credit scholarships to 1,216 students attending various schools throughout the state. With a team of seven dedicated individuals, Arizona Private Education Scholarship Fund Inc plays a significant role in expanding educational opportunities for Arizona's youth.


Official website here: www.apesf.org

Is Arizona Private Education Scholarship Fund Inc legitimate?

Arizona Private Education Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Private Education Scholarship Fund Inc 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: $117,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,014

For more financial information, click here


Official website here: www.apesf.org

What is the mission statement of Arizona Private Education Scholarship Fund Inc?

The Arizona Private Education Scholarship Fund Inc, abbreviated as APESF, is committed to advancing school choice in Arizona. Their primary mission is to provide financial aid, through tuition scholarships, to eligible students attending private K-12 schools in the state. APESF operates as a qualified tuition organization under Arizona's private school tuition tax credit statutes, utilizing both state tax credit and general donation revenues to fulfill this mission. In the 2022-2023 fiscal year, APESF provided tuition tax credit scholarships to 1,216 students enrolled in various schools across Arizona.


Official website here: www.apesf.org

Who is the CEO of Arizona Private Education Scholarship Fund Inc?

Kevin Armstrong is the Director of Arizona Private Education Scholarship Fund Inc.


Official website here: www.apesf.org

What is the revenue of Arizona Private Education Scholarship Fund Inc?

Arizona Private Education Scholarship Fund Inc's revenue in 2023 was $5,922,736.


Official website here: www.apesf.org

Who are the executives of Arizona Private Education Scholarship Fund Inc and what are their salaries?

The average compensation at Arizona Private Education Scholarship Fund Inc during 2023 was $43,173. There are 7 employees at Arizona Private Education Scholarship Fund Inc.

Here are 7 key members and their salaries:

    Kevin Armstrong (Treasurer) [Trustee/Director]
  • Compensation: $65,000
  • Related: $0
  • Other: $0

    • Richard Doe (Exec. Director (Begin Oct 22))
  • Compensation: $20,481
  • Related: $0
  • Other: $3,851

    • Paul Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Bohlen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Moerkerke Pipher (Director (Begin 1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Damore (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grant Sardachuk (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.apesf.org

    Where can I find the form 990 for Arizona Private Education Scholarship Fund Inc?

    The Arizona Private Education Scholarship Fund Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.apesf.org

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

    Mission Statement of Arizona Private Education Scholarship Fund Inc

    Arizona Private Education Scholarship Fund (APESF) is committed to furthering school choice in Arizona. As a certified School Tuition Organization, its primary mission is to provide financial aid, through tuition scholarships, to eligible students pursuing their education at accredited private K-12 schools within the state. APESF derives its funding from both state tax credit donations and general contributions, enabling it to fulfill its mission of making quality education accessible to a wide range of students.

    In the 2022-2023 fiscal year, APESF extended tuition tax credit scholarships to 1,216 students across various schools throughout Arizona. By doing so, the organization contributes to the expansion of educational opportunities for students who may not otherwise have had the means to attend private schools. This mission aligns with APESF's objective of operating as a qualified tuition organization under Arizona statutes related to private school tuition tax credits.

    Impact

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




    Saturday, July 20, 2024

    Arizona Private Education Scholarship Fund Inc's impact can be seen through its provision of scholarships and grants to Arizona students attending accredited private K-12 schools. In the 2022-2023 fiscal year, the organization provided tuition tax credit scholarships to 1,216 students attending various schools across the state of Arizona. By offering financial support to qualified students, Arizona Private Education Scholarship Fund Inc plays a vital role in advancing school choice and expanding educational opportunities for families in Arizona.





    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 2023.

  • Investment Income: $83,415
  • Program Service Revenue: $0
  • Gross Receipts: $5,922,736

    • Assets and Liabilities:
  • Total Assets: $5,539,242
  • Total Liabilities: $1,656
  • Net Assets: $5,537,586
  • Organization Details

    Founding Year

    1998

    Principal Officer

    Kevin Armstrong

    Main Address

    15900 NORTH 78TH STREET 210, SCOTTSDALE, AZ, 85260

    NTEE Category

    Code: B82 - Education

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