Education Forward Arizona
- Assets
- $20.7m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 57
- Location
- Phoenix, AZ
- Founding
- 05/2005
- Data as of
- 12/2023
- EIN
- 20-2366755
Organization Overview
Education Forward Arizona is located in Phoenix, AZ. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Education Forward Arizona employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Forward Arizona is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Education Forward Arizona generated $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 8.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Education Forward Arizona has awarded 18 individual grants totaling $164,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATE FOR AND ACT ON EDU. IMPROVEMENTS THAT ADVANCE THE QUALITY OF LIFE FOR ALL ARIZONANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION FORWARD ARIZONA STRIVES TO INCREASE SUPPORT FOR EDUCATION, RECOGNIZING ITS IMPORTANCE IN IMPROVING ARIZONA'S ECONOMY. ACCORDINGLY, EDUCATION FORWARD ARIZONA ADVOCATES FOR AND ACTS ON EDUCATION IMPROVEMENTS THAT ADVANCE THE QUALITY OF LIFE FOR ALL ARIZONANS.OUR ORGANIZATION'S HIGH-LEVEL GOALS ARE AS FOLLOWS:DEVELOP SUPPORT FOR IMPROVED OUTCOMES ON ARIZONA EDUCATION PROGRESS METER INDICATORS. REACH THE STATE ATTAINMENT GOAL BY 2030, WORKING THROUGH THE P-20 CONTINUUM.CLOSE ACHIEVEMENT GAPS AT ALL LEVELS.ADVOCATE FOR STATE-LEVEL FUNDING ALLOCATED TO THOSE MOST IN NEED. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Nickel President & CEO | OfficerTrustee | 40 | $280,747 |
Vince Roig Director & Chairman | OfficerTrustee | 0.25 | $0 |
Ron Butler Director & Treasurer | OfficerTrustee | 0.25 | $0 |
John Fees Director & Vice Chair | OfficerTrustee | 0.25 | $0 |
Shelley Mellon Director & Secretary | OfficerTrustee | 0.25 | $0 |
Tracy Bame Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Equal Measure Consulting | 12/30/23 | $105,914 |
Collaborative Communication Group Communication Consulting | 12/30/23 | $293,630 |
Duality Public Relations Llc Consulting | 12/30/23 | $130,351 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $262,013 |
| Related organizations | $0 |
| Government grants | $915,967 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,716,616 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,894,596 |
| Total Program Service Revenue | $134,297 |
| Investment income | $255,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,885 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,266,542 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,750 |
| Grants and other assistance to domestic individuals. | $2,084,790 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $303,546 |
| Compensation of current officers, directors, key employees. | $91,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,384,300 |
| Pension plan accruals and contributions | $82,866 |
| Other employee benefits | $173,804 |
| Payroll taxes | $197,422 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $344,500 |
| Fees for services: Accounting | $38,850 |
| Fees for services: Lobbying | $21,525 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,063 |
| Fees for services: Other | $360,416 |
| Advertising and promotion | $0 |
| Office expenses | $53,342 |
| Information technology | $354,132 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $92,023 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,242 |
| Insurance | $18,746 |
| All other expenses | $24,146 |
| Total functional expenses | $7,219,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,027,555 |
| Savings and temporary cash investments | $6,856,351 |
| Pledges and grants receivable | $3,576,025 |
| Accounts receivable, net | $172,367 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,416 |
| Net Land, buildings, and equipment | $58,885 |
| Investments—publicly traded securities | $6,915,963 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,000 |
| Total assets | $20,694,562 |
| Accounts payable and accrued expenses | $268,577 |
| Grants payable | $0 |
| Deferred revenue | $1,681,912 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,950,489 |
| Net assets without donor restrictions | $6,156,832 |
| Net assets with donor restrictions | $12,587,241 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,694,562 |
Grants Awarded
Over the last fiscal year, Education Forward Arizona has awarded $24,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COCONINO HIGH SCHOOL PURPOSE: COLLEGE KNOWING & GOING | $6,000 |
MARCOS DE NIZA HIGH SCHOOL PURPOSE: COLLEGE KNOWING & GOING | $6,000 |
MOUNTAIN POINTE HIGH SCHOOL PURPOSE: COLLEGE KNOWING & GOING | $6,000 |
SAHUARITA USD #30 PURPOSE: COLLEGE KNOWING & GOING | $6,000 |