Overview
What is Arizona Lutheran Scholarship Organization Inc?
Arizona Lutheran Scholarship Organization Inc, based in Chandler, Arizona, serves as a nonprofit entity that awards scholarships to students attending private schools within the state, in accordance with ARS 43-1603 and 43-1503. The organization's primary mission is to implement the private school tuition tax credit law, which was passed and enacted in 1997 as A.R.S. Section Para. 43-1089. The aim of the scholarships is to provide educational opportunities for students in private schools, thereby contributing to their overall development.
Official website here: www.alsosto.org
Is Arizona Lutheran Scholarship Organization Inc legitimate?
Arizona Lutheran Scholarship Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Lutheran Scholarship Organization 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.
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For more financial information, click here
Official website here: www.alsosto.org
What is the mission statement of Arizona Lutheran Scholarship Organization Inc?
Arizona Lutheran Scholarship Organization Inc's primary objective is to carry out the private school tuition tax credit law, which was enacted and approved in 1997 as A.R.S. Section Para. 43-1089. In line with this mission, the organization awards scholarships to students who attend private schools within the state of Arizona, as per A.R.S. 43-1603 and 43-1503. By doing so, Arizona Lutheran Scholarship Organization Inc contributes to making private education more accessible for eligible students. The organization's purpose is solely focused on implementing the tax credit law, thereby promoting educational opportunities for students through private schools.
Official website here: www.alsosto.org
Who is the CEO of Arizona Lutheran Scholarship Organization Inc?
David Bolio is the President of Arizona Lutheran Scholarship Organization Inc.
Official website here: www.alsosto.org
What is the revenue of Arizona Lutheran Scholarship Organization Inc?
Arizona Lutheran Scholarship Organization Inc's revenue in 2020 was $545,503.
Official website here: www.alsosto.org
Who are the executives of Arizona Lutheran Scholarship Organization Inc and what are their salaries?
There 10 volunteers at Arizona Lutheran Scholarship Organization Inc.
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Official website here: www.alsosto.org
Where can I find the form 990 for Arizona Lutheran Scholarship Organization Inc?
Arizona Lutheran Scholarship Organization Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.alsosto.org
Learn more at the official website: www.alsosto.org
Mission Statement of Arizona Lutheran Scholarship Organization Inc
Arizona Lutheran Scholarship Organization Inc, as its mission statement suggests, is primarily focused on implementing the private school tuition tax credit law that was passed and enacted in 1997 under A.R.S. Section Para. 43-1089. This organization's primary objective is to award scholarships to students who attend private schools within the state of Arizona, in accordance with ARS 43-1603 and 43-1503. In doing so, Arizona Lutheran Scholarship Organization Inc plays a significant role in providing educational opportunities for students in the private school sector, thereby contributing to the broader educational landscape of the state.
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Impact
October, 2024
Arizona Lutheran Scholarship Organization Inc plays a vital role in enhancing educational opportunities for students in Arizona. By awarding scholarships to those attending private schools, the organization helps families alleviate the financial burden associated with tuition fees. This initiative is made possible through the implementation of Arizona's private school tuition tax credit law, which was enacted in 1997.
The impact of the Arizona Lutheran Scholarship Organization extends beyond individual students, as it promotes educational diversity and choice within the state. By facilitating access to private education, it empowers families to select schooling options that align with their values and aspirations for their children. Ultimately, the organization fosters a more equitable educational landscape in Arizona, allowing a broader range of students to thrive academically.
This information is meant to be a general summary of Arizona Lutheran Scholarship Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $110
- Gross Receipts: $545,503
Assets and Liabilities:
- Total Assets: $24,153
- Total Liabilities: $0
- Net Assets: $24,153
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Organization Details
Founding Year
2002
Phone
(480) 895-8569Principal Officer
David Bolio
Main Address
10429 E MINNESOTA AVE, CHANDLER, AZ, 85248
Website
www.alsosto.orgNTEE Category
Code: B82 - Education
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