Overview
What is Arizona School Choice Trust Inc?
Arizona School Choice Trust Inc is a nonprofit organization situated in Chandler, Arizona. Its primary mission is to offer financial aid in the form of scholarships to children from families in financial distress, allowing them to attend private schools within the state. During the 2021-2022 fiscal year, the organization distributed 460 such scholarships through ASCT. The nonprofit's activities are centered around providing educational opportunities to children who might not otherwise have access to private schools due to financial constraints.
Official website here: www.asct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Arizona School Choice Trust Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its solid financial health and effective governance practices. The organization boasts a perfect score for having a fully independent board and demonstrates excellent financial oversight, with no material diversions of assets reported. With a program expense ratio of 100%, it indicates that all of its resources are directed towards fulfilling its mission.
However, there are notable limitations in their governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates potential gaps in transparency and accountability. While the financial metrics are commendable, these governance deficiencies may raise concerns among donors regarding the organization's commitment to best practices in nonprofit management.
Overall, Arizona School Choice Trust Inc stands out for its financial stability and commitment to its programs, but addressing the governance policy gaps could further enhance its reputation and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Arizona School Choice Trust Inc legitimate?
Arizona School Choice Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona School Choice Trust 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.asct.org
What is the mission statement of Arizona School Choice Trust Inc?
Arizona School Choice Trust Inc's mission is centered around providing financial aid in the form of scholarships for children from financially disadvantaged families who wish to attend private schools within Arizona. The organization's primary goal is to make quality education accessible for these children, thereby broadening their educational opportunities. During the 2021-2022 fiscal year, the Trust issued 460 scholarships through its platform. The organization's activities are aimed at fostering educational equity and providing children with opportunities that may not be available to them in public schools.
Official website here: www.asct.org
Who is the CEO of Arizona School Choice Trust Inc?
Tom Jenney is the Treasurer of Arizona School Choice Trust Inc.
Official website here: www.asct.org
What is the revenue of Arizona School Choice Trust Inc?
Arizona School Choice Trust Inc's revenue in 2022 was $3,034,665.
Official website here: www.asct.org
Who are the executives of Arizona School Choice Trust Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.asct.org
Where can I find the form 990 for Arizona School Choice Trust Inc?
Arizona School Choice Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asct.org
Learn more at the official website: www.asct.org
Mission Statement of Arizona School Choice Trust Inc
Arizona School Choice Trust Inc, a nonprofit organization, is dedicated to providing financial aid in the form of scholarships to children from financially disadvantaged families. This assistance allows these children to attend private schools within Arizona. The organization's mission is to make quality education accessible to a wider demographic, ensuring that financial constraints do not hinder a child's educational opportunities. During the 2021-2022 fiscal year, the organization distributed 460 scholarships through the Arizona School Choice Trust. This initiative underscores their commitment to promoting educational equality and ensuring that children from financially challenged backgrounds have the chance to attend private schools, thereby broadening their educational horizons.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Arizona School Choice Trust Inc's impact can be seen in the 460 scholarships issued during the 2021-2022 fiscal year to children of families in financial need who wish to attend private schools within Arizona. By providing these scholarships, the organization is enabling access to quality education for students who may not have otherwise been able to afford it. This support helps to empower families and students, providing them with opportunities for educational advancement and personal growth. Overall, Arizona School Choice Trust Inc plays a significant role in expanding educational choices and opportunities for deserving students in Arizona.
This information is meant to be a general summary of Arizona School Choice Trust 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: -$290
- Gross Receipts: $3,034,665
Assets and Liabilities:
- Total Assets: $3,485,985
- Total Liabilities: $0
- Net Assets: $3,485,985
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(623) 414-3429Principal Officer
Tom Jenney
Main Address
2875 W RAY RD 6-314, CHANDLER, AZ, 85224
Website
www.asct.orgNTEE Category
Code: T99Z - Philanthropy
If you are a representative of Arizona School Choice Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.