Overview
What is School Tuition Organization 4 Kidz?
School Tuition Organization 4 Kidz, also known as STO 4 Kidz, is a nonprofit organization based in Phoenix, Arizona. Situated at 3241 E Shea Blvd, their primary mission is to empower Arizona families by enabling their children to attend the private schools that best cater to their unique needs, without any additional financial burden on taxpayers. This is achieved through the Arizona Tuition Tax Credit Program. The organization awards scholarships to students attending private schools in Arizona, as per the state's legislations ARS 43-1603 and 43-1503. With a team of three dedicated individuals, STO 4 Kidz plays a crucial role in expanding educational opportunities for children in Arizona.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 60%)
School Tuition Organization 4 Kidz has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial practices, there are several areas needing improvement. The organization scored 100% in Accountability & Finance, reflecting a solid governance structure with 66% of board members being independent. However, the lack of a conflict of interest policy, whistleblower policy, and document retention policy are significant gaps noted in their operations.
Financially, School Tuition Organization 4 Kidz shows a healthy liabilities to assets ratio of 0.31% and a commendable program expense ratio of 89.75%, indicating that a large majority of funds are directed towards its programs. Despite this, important transparency measures are lacking, such as the absence of financial statements, tax forms on its website, and independent board representation. These shortcomings may hinder stakeholder confidence and suggest a need for more robust governance practices.
Overall, while the organization demonstrates effective financial management and program funding, the absence of critical policies and transparency measures reflects a need for improvement. Addressing these issues could enhance their accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is School Tuition Organization 4 Kidz legitimate?
School Tuition Organization 4 Kidz is a legitimate nonprofit organization registered as a 501(c)(3) entity. School Tuition Organization 4 Kidz 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: $30,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,872
For more financial information, click here
What is the mission statement of School Tuition Organization 4 Kidz?
School Tuition Organization 4 Kidz has a mission to empower Arizona families by enabling them to enroll their children in the school that best fits their individual needs, without incurring any out-of-pocket costs for taxpayers. This is achieved through the Arizona Tuition Tax Credit Program. The organization awards scholarships to students who attend private schools in Arizona, in accordance with ARS 43-1603 and 43-1503. By facilitating this, School Tuition Organization 4 Kidz aims to provide educational opportunities that cater to each child's unique needs, thereby enhancing their overall educational experience.
Who is the CEO of School Tuition Organization 4 Kidz?
Miriam P Antolik is the President of School Tuition Organization 4 Kidz.
What is the revenue of School Tuition Organization 4 Kidz?
School Tuition Organization 4 Kidz's revenue in 2023 was $1,398,684.
Who are the executives of School Tuition Organization 4 Kidz and what are their salaries?
The average compensation at School Tuition Organization 4 Kidz during 2023 was $14,637. There are 3 employees and 1 volunteer at School Tuition Organization 4 Kidz.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for School Tuition Organization 4 Kidz?
School Tuition Organization 4 Kidz's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of School Tuition Organization 4 Kidz
School Tuition Organization 4 Kidz, as a mission-driven organization, strives to empower Arizona families by enabling them to enroll their children in the schools that best cater to their unique needs. This is achieved through the Arizona Tuition Tax Credit Program, ensuring no additional financial burden on taxpayers. The organization awards scholarships to students attending private schools in Arizona, in compliance with ARS 43-1603 and 43-1503. By providing this opportunity, School Tuition Organization 4 Kidz is instrumental in fostering a diverse and inclusive educational landscape in Arizona, ensuring every child has access to an educational environment that suits their individual needs.
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Impact
July, 2024
School Tuition Organization 4 Kidz's impact lies in its commitment to enabling Arizona families to enroll their children at their school of choice, meeting the unique needs of each individual child. Through the Arizona Tuition Tax Credit Program, the organization awards scholarships to students attending private schools in the state. By facilitating access to education options that might otherwise be financially out of reach, School Tuition Organization 4 Kidz plays a vital role in supporting educational diversity and empowerment within Arizona communities.
This information is meant to be a general summary of School Tuition Organization 4 Kidz. 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 2023.
- Investment Income: $181
- Gross Receipts: $1,398,684
Assets and Liabilities:
- Total Assets: $1,460,687
- Total Liabilities: $4,611
- Net Assets: $1,456,076
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Organization Details
Founding Year
2021
Phone
(480) 823-8052Principal Officer
Miriam P Antolik
Main Address
3241 E SHEA BLVD, PHOENIX, AZ, 85028
NTEE Category
Code: B82 - Education
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