Overview
What is Arizona Private School Tuition Organization Apsto Inc?
Arizona Private School Tuition Organization Apsto Inc is a nonprofit organization situated in Scottsdale, Arizona. With a focus on supporting families in need, it offers opportunities for low-income, disabled, and displaced individuals to enroll in Christian or private schools in Arizona for grades K-12. The organization's primary mission is to provide scholarships that enable children to attend these private schools, thereby expanding their educational options.
Official website here: www.apsto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Arizona Private School Tuition Organization Apsto Inc has received a 76% rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. This rating is derived solely from a single beacon score, highlighting the importance of financial transparency and responsible governance in nonprofit operations. The organization appears to maintain a strong program expense ratio at 93.13%, suggesting that a significant portion of its funds is directed towards its mission.
While the nonprofit has strengths in areas such as financial statement integrity and material asset management, it falls short in several governance categories. Notably, there are no independent board members, and the organization lacks essential policies such as conflict of interest and whistleblower protections, which are critical for ensuring ethical practices and organizational integrity.
Additionally, the absence of a posted tax form on its website and deficiencies in document retention policies raise concerns about the organization's commitment to transparency. Overall, while Apsto Inc demonstrates effective financial stewardship, it must address its governance weaknesses to enhance its accountability and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Arizona Private School Tuition Organization Apsto Inc legitimate?
Arizona Private School Tuition Organization Apsto Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Private School Tuition Organization Apsto 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.apsto.org
What is the mission statement of Arizona Private School Tuition Organization Apsto Inc?
Arizona Private School Tuition Organization Apsto Inc's mission is centered around providing educational opportunities. Specifically, they offer scholarships enabling students from low-income, disabled, and displaced families to attend private or Christian schools, from kindergarten through twelfth grade. By doing so, Apsto Inc aims to expand educational choices, thereby empowering these families to pursue quality education for their children.
Official website here: www.apsto.org
Who is the CEO of Arizona Private School Tuition Organization Apsto Inc?
Michael Allen is the Executive Dir. of Arizona Private School Tuition Organization Apsto Inc.
Official website here: www.apsto.org
What is the revenue of Arizona Private School Tuition Organization Apsto Inc?
Arizona Private School Tuition Organization Apsto Inc's revenue in 2022 was $1,054,976.
Official website here: www.apsto.org
Who are the executives of Arizona Private School Tuition Organization Apsto Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $17,800
- Related: $0
- Other: $0
- Compensation: $17,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.apsto.org
Where can I find the form 990 for Arizona Private School Tuition Organization Apsto Inc?
Arizona Private School Tuition Organization Apsto Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apsto.org
Learn more at the official website: www.apsto.org
Mission Statement of Arizona Private School Tuition Organization Apsto Inc
Arizona Private School Tuition Organization Apsto Inc is committed to providing scholarships for children in grades K-12 to attend private or Christian schools. This nonprofit organization aims to make quality education accessible to families who are financially disadvantaged, have children with disabilities, or have been displaced. By offering these scholarships, Apsto Inc strives to give these families the opportunity to choose a school that best fits their educational needs and beliefs. The organization's mission is to expand educational choices and foster a diverse learning environment, enabling every child to thrive and reach their full potential.
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Impact
July, 2024
Arizona Private School Tuition Organization Apsto Inc's impact can be seen in the opportunities it provides for K-12 students to attend private schools in Arizona. By offering scholarships, especially to families who are low income, disabled, or displaced, APSTO is enabling these individuals to access quality education in Christian or private school settings. This support not only benefits the students directly by enhancing their educational outcomes and opportunities but also contributes to the overall improvement of the educational landscape in Arizona. Through its mission of providing scholarships for K-12 students to attend private schools, APSTO is making a significant impact on the lives of many families and students in the state.
This information is meant to be a general summary of Arizona Private School Tuition Organization Apsto 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 2022.
- Investment Income: $49
- Gross Receipts: $1,054,976
Assets and Liabilities:
- Total Assets: $514,924
- Total Liabilities: $10,000
- Net Assets: $504,924
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Organization Details
Founding Year
2015
Phone
(480) 256-1002Principal Officer
Michael Allen
Main Address
9422 E BLOOMFIELD ROAD, SCOTTSDALE, AZ, 85260
Website
www.apsto.orgNTEE Category
Code: B82 - Education
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