School Choice Arizona Inc
- Assets
- $10.6m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 3
- Location
- Chandler, AZ
- Founding
- 05/2007
- Data as of
- 06/2021
- EIN
- 20-4879504
Organization Overview
School Choice Arizona Inc is located in Chandler, AZ. The organization was established in 2007. 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 06/2021, School Choice Arizona Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Choice Arizona Inc 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 06/2021, School Choice Arizona Inc generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 13.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA PURSUANT TO ARS 43-1183 AND ARS 43-1089.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCA AWARDED GRANT/SCHOLARSHIPS TO OVER 1,800 STUDENTS DURING THE TAX YEAR ENDED 6/30/16 PURSUANT TO ARS 43-1183, THE ARIZONA CORPORATE INCOME TAX TUITION CREDIT LAW. IT EXISTS SOLEY TO IMPLEMENT THIS LAW TO ASSIST STUDENTS ATTENDING THE SCHOOL OF THEIR PARENT'S CHOICE.
SCA AWARDED GRANT/SCHOLARSHIPS TO OVER 1,300 STUDENTS DURING THE TAX YEAR ENDED 6/30/16 PURSUANT TO ARS 43-1089, THE ARIZONA PRIVATE SCHOOL TUITION TAX CREDIT LAW. IT EXISTS SOLELY TO IMPLEMENT THIS LAW TO ASSIST STUDENTS ATTENDING THE SCHOOL OF THEIR PARENT'S CHOICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hawkinson Board Vice P | OfficerTrustee | 1 | $0 |
Maryellen Hawkinson Secretary/tr | OfficerTrustee | 1 | $0 |
Scott Yarbrough Board Presid | OfficerTrustee | 5 | $0 |
Marlin Broek Board Member | 1 | $0 | |
Don John Board Member | 1 | $0 | |
Fred Meyers Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,861,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,861,849 |
| Total Program Service Revenue | $38,324 |
| Investment income | $26,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,926,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,781,332 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,773 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $78,375 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,458 |
| Advertising and promotion | $0 |
| Office expenses | $27,218 |
| Information technology | $23,960 |
| Royalties | $0 |
| Occupancy | $21,484 |
| Travel | $9,616 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,542 |
| Insurance | $1,630 |
| All other expenses | $0 |
| Total functional expenses | $6,468,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,018,894 |
| Savings and temporary cash investments | $297,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,827 |
| Investments—publicly traded securities | $296,404 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,615,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $10,615,298 |
| Net assets with donor restrictions | $0 |
| 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 | $10,615,298 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that School Choice Arizona Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Banner Health Phoenix, AZ PURPOSE: GENERAL SUPPORT | $12,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |
Uc Hastings Foundation San Francisco, CA | $2,612,244 | $11,589,695 |
The Rogers Foundation Las Vegas, NV | $98,020,626 | $8,861,096 |
Flinn Foundation Phoenix, AZ | $285,130,665 | $13,331,134 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
La Promise Fund Los Angeles, CA | $8,970,074 | $12,859,195 |
Brophy Community Foundation Phoenix, AZ | $21,931,888 | $12,402,402 |
Society Of Hispanic Professional Engineers City Of Industry, CA | $8,652,087 | $11,894,639 |
J F Maddox Foundation Hobbs, NM | $240,372,497 | $15,567,055 |
Oakland Promise Oakland, CA | $69,217,814 | $17,084,213 |