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Academic Opportunity Of Arizona

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

EIN: 464341333 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Academic Opportunity Of Arizona?

Academic Opportunity of Arizona is a nonprofit organization, classified as a 501C3, situated in Phoenix, Arizona. With a team of three dedicated individuals, their primary mission is to offer scholarships and support to K-12 grade students facing challenges due to developmental disabilities and low-income hardships. Their unique approach, aptly named a "360-degree approach," extends beyond the classroom, providing both in-class and out-of-class opportunities and experiences to foster growth and development. In the past year, this noble organization has raised an impressive sum of over 3.8 million dollars, enabling them to help over 250 students in Arizona.


Official website here: www.academicopportunity.org

What are the reviews and ratings of this charity?

88% rating from Charity Navigator.

Academic Opportunity Of Arizona has earned a Three-Star out of Four Star rating, indicating a solid performance in its operations and financial management. With a high score of 90% in Accountability & Finance, the organization demonstrates effective governance, including a fully independent board and robust policies around conflict of interest and whistleblower protections. The financial ratios are strong, showcasing effective use of resources and fundraising efforts.

However, the organization has room for improvement, particularly indicated by its score of 0 out of 10 for Independent Board Size, which suggests a potential lack of diversity in perspectives. Additionally, while the financial statements were audited, they received a moderate score of 10 out of 20 points, indicating that transparency may not be fully realized.

Despite these limitations, the Leadership & Adaptability score of 100 reflects a strong strategic direction and responsive leadership. The organization’s ability to adapt and lead effectively signals a promising outlook for achieving its mission in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Academic Opportunity Of Arizona legitimate?

Academic Opportunity Of Arizona is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Opportunity Of Arizona 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $111,675
Professional Fundraising Fees: $73,875
Other Salaries and Wages: $92,053

For more financial information, click here


Official website here: www.academicopportunity.org

What is the mission statement of Academic Opportunity Of Arizona?

Academic Opportunity of Arizona, as a non-profit organization, specializes in providing scholarships and support for students in K-12 grades who face challenges due to disabilities and low-income circumstances. Their approach is comprehensive, offering opportunities and experiences both within and outside the classroom. This 360-degree support allows these students to thrive academically and personally. In the past year, the organization raised over $3.8 million, enabling them to provide substantial aid to over 250 students in Arizona, making a significant impact on their lives.


Official website here: www.academicopportunity.org

Who is the CEO of Academic Opportunity Of Arizona?

Chad E Bays is the Ceo/Treasurer of Academic Opportunity Of Arizona. The CEO's salary of Academic Opportunity Of Arizona is $109,750 and their total compensation is $109,750.


Official website here: www.academicopportunity.org

What is the revenue of Academic Opportunity Of Arizona?

Academic Opportunity Of Arizona's revenue in 2022 was $3,984,501.


Official website here: www.academicopportunity.org

Who are the executives of Academic Opportunity Of Arizona and what are their salaries?

The average compensation at Academic Opportunity Of Arizona during 2022 was $67,909. There are 3 employees and 3 volunteers at Academic Opportunity Of Arizona.


Here are 4 key members and their salaries (Academic Opportunity Of Arizona's CEO's salary is $109,750 and their total compensation is $109,750):


Chad E Bays (Ceo/Treasurer)
  • Compensation: $109,750
  • Related: $0
  • Other: $0
Robert J Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Strunk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Celik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.academicopportunity.org

Where can I find the form 990 for Academic Opportunity Of Arizona?

Academic Opportunity Of Arizona's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.academicopportunity.org

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

Mission Statement of Academic Opportunity Of Arizona

Academic Opportunity of Arizona, a local 501C3 non-profit organization, specializes in providing scholarships and support for K-12th grade children facing challenges due to disabilities and low-income hardships. Their mission is to offer a comprehensive approach, providing opportunities and experiences both within and beyond the classroom. This 360-degree approach aims to make a significant impact on the lives of these children, enabling them to overcome their challenges and thrive academically.

In their quest to support these students, Academic Opportunity of Arizona raises funds annually, surpassing the $3.8 million mark in their latest successful year. With these funds, they provide life-changing support for over 250 students living with developmental disabilities and low-income hardships across Arizona. Their efforts not only assist with tuition but also extend to enriching experiences outside the classroom, ensuring a well-rounded and fulfilling education for these deserving students.

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Impact




July, 2024

Academic Opportunity Of Arizona's impact can be seen in the lives of over 250 students living with developmental disabilities and low-income hardships in Arizona. By raising over 3.8 million dollars in a single year, this organization has been able to provide life-changing support through scholarships and other forms of assistance. Their 360-degree approach ensures that these K-12th grade children have opportunities and experiences both inside and outside the classroom, fostering growth and success in their academic journeys.




This information is meant to be a general summary of Academic Opportunity Of Arizona. 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.

Revenue
$3,984,501 (2022)
Expenses
$2,162,677 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46,000
  • Gross Receipts: $3,984,501

Assets and Liabilities:

  • Total Assets: $4,815,876
  • Total Liabilities: $1,975
  • Net Assets: $4,813,901

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Organization Details

Founding Year

2013

Principal Officer

Chad E Bays

Main Address

PO BOX 26359, PHOENIX, AZ, 85068

NTEE Category

Code: B99 - Education

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