Overview
What is Tuition Organization For Private Schools Inc?
Tuition Organization For Private Schools Inc, commonly known as TOPS for Kids, is a nonprofit organization based in Gilbert, Arizona. Their primary mission is to operate as a School Tuition Organization (STO), accepting donations for tuition assistance. By doing so, they award scholarships to children, enabling them to attend private schools in Arizona. With a small workforce of two individuals, TOPS for Kids has been instrumental in providing financial aid, thereby expanding educational opportunities for deserving students.
Official website here: www.topsforkids.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Tuition Organization For Private Schools Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization's score is derived solely from its Accountability & Finance measures, where it performed exceptionally well, achieving a score of 92. This high rating reflects the organization’s effective governance practices and financial transparency.
The nonprofit demonstrates strong oversight with 100% of its board members being independent, ensuring unbiased decision-making. Additionally, it maintains comprehensive financial oversight mechanisms, such as an Audit and Oversight Committee and policies for conflict of interest and whistleblower protections, contributing to its robust operational integrity. The program expense ratio is notably high at 92.29%, indicating that a significant portion of its funds is directed toward programmatic activities rather than administrative costs.
However, the organization has a limited number of independent board members, with only two serving, which may raise concerns about the diversity of perspectives in governance. Despite this limitation, the overall financial health is reflected in low liabilities relative to assets and a strong working capital ratio, suggesting that it is well-positioned to fulfill its mission effectively. Overall, the organization stands out for its financial responsibility and commitment to its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Tuition Organization For Private Schools Inc legitimate?
Tuition Organization For Private Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuition Organization For Private Schools 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: $102,609
Professional Fundraising Fees: $65,970
Other Salaries and Wages: $34,428
For more financial information, click here
Official website here: www.topsforkids.com
What is the mission statement of Tuition Organization For Private Schools Inc?
The Tuition Organization For Private Schools Inc operates as a School Tuition Organization (STO), accepting donations for tuition assistance and distributing scholarships to children, enabling them to attend private schools in Arizona. Its mission is to ensure that financially challenged children have the opportunity to attend private schools, thereby enhancing their educational prospects. The organization raises funds through donations and then awards scholarships to eligible students, thereby making private school education more accessible. The scholarships provided by Tuition Organization For Private Schools Inc have helped numerous students attend private schools in Arizona.
Official website here: www.topsforkids.com
Who is the CEO of Tuition Organization For Private Schools Inc?
Harry V Miller is the President of Tuition Organization For Private Schools Inc.
Official website here: www.topsforkids.com
What is the revenue of Tuition Organization For Private Schools Inc?
Tuition Organization For Private Schools Inc's revenue in 2022 was $4,230,852.
Official website here: www.topsforkids.com
Who are the executives of Tuition Organization For Private Schools Inc and what are their salaries?
The average compensation at Tuition Organization For Private Schools Inc during 2022 was $68,518. There are 2 employees at Tuition Organization For Private Schools Inc.
Here are 3 key members and their salaries:
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $70,000
- Related: $0
- Other: $19,609
Official website here: www.topsforkids.com
Where can I find the form 990 for Tuition Organization For Private Schools Inc?
Tuition Organization For Private Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.topsforkids.com
Learn more at the official website: www.topsforkids.com
Mission Statement of Tuition Organization For Private Schools Inc
Tuition Organization for Private Schools Inc, as a School Tuition Organization (STO), is dedicated to serving a noble mission. They operate with the primary goal of accepting donations for tuition assistance and subsequently awarding scholarships to children, enabling them to attend private schools in Arizona. This organization's mission is centered around the belief that every child deserves the opportunity to attend a quality private education, regardless of their financial situation. By accepting donations and distributing scholarships, Tuition Organization for Private Schools Inc bridges the financial gap, allowing deserving students to benefit from the education offered by Arizona's private schools.
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Impact
July, 2024
Tuition Organization For Private Schools Inc has a significant impact on the accessibility of education for children attending Arizona private schools. By operating as a School Tuition Organization (STO), this organization accepts donations for tuition assistance and awards scholarships to students in need. This initiative enables children from diverse backgrounds to afford and access quality education in private schools, ultimately helping them fulfill their academic potential and thrive in their learning journey. Through their support, Tuition Organization For Private Schools Inc is actively working to bridge educational gaps and create opportunities for students to succeed.
This information is meant to be a general summary of Tuition Organization For Private Schools 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.
- Gross Receipts: $4,230,852
Assets and Liabilities:
- Total Assets: $3,668,374
- Total Liabilities: $2,049
- Net Assets: $3,666,325
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Organization Details
Founding Year
2004
Phone
(480) 414-8677Principal Officer
Harry V Miller
Main Address
67 S HIGLEY RD STE 103 182, GILBERT, AZ, 85296
Website
www.topsforkids.comNTEE Category
Code: B82 - Education
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