Overview
What is Arizona Christian School Tuition Organization Inc?
Arizona Christian School Tuition Organization Inc is a nonprofit based in Chandler, Arizona. Established in 1998, this organization has granted over 43,000 students scholarships totaling more than 280 million dollars. They award these scholarships in accordance with the Arizona Private School Tuition Tax Credit Law (ARS 43-1089). Their primary mission revolves around granting tuition scholarships. With a team of five employees, they have made significant strides in providing educational opportunities for students.
Official website here: www.acsto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
Arizona Christian School Tuition Organization Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to high standards in accountability and finance. With a perfect score in various categories, including leadership and adaptability, the organization demonstrates robust governance practices, notably with 83% of its board members being independent. This strong oversight indicates a well-structured organization dedicated to ethical operations.
The organization excels in financial management, showcasing a program expense ratio of nearly 92%, which indicates that a significant portion of its funds directly supports its mission. Additionally, it maintains a very low liabilities-to-assets ratio of 0.57%, reinforcing its financial stability. The fundraising efficiency ratio of $0.02 suggests that the nonprofit is highly effective in its fundraising efforts, ensuring that most contributions are directed toward its programs.
While the organization has received high marks across the board, there are no noted limitations or areas of concern in the provided data. Overall, Arizona Christian School Tuition Organization Inc stands out as a highly effective nonprofit committed to transparency, accountability, and impactful use of its resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Arizona Christian School Tuition Organization Inc?
100% of 18 reviewers on Facebook recommend Arizona Christian School Tuition Organization Inc. Here is a summary of their reviews:
The overwhelming sentiment reflects strong support for the organization, highlighting its essential role in enabling families to access quality Christian education. Many reviewers express gratitude for the impact this nonprofit has on their children's educational opportunities.
Overall, users feel that the organization genuinely fulfills its mission and provides invaluable assistance to those seeking a faith-based education for their kids.
This AI summary has been generated from reviews found on Facebook.
Is Arizona Christian School Tuition Organization Inc legitimate?
Arizona Christian School Tuition Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arizona Christian School Tuition Organization 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,329
For more financial information, click here
Official website here: www.acsto.org
What is the mission statement of Arizona Christian School Tuition Organization Inc?
Arizona Christian School Tuition Organization Inc is a non-profit entity dedicated to granting tuition scholarships to students. Their mission is geared towards awarding scholarships to a substantial number of students. Since its inception in 1998, the organization has provided over 280 million dollars in scholarships to more than 43,000 students. These scholarships are granted pursuant to the Arizona Private School Tuition Tax Credit Law (ARS 43-1089). The scholarships include both used and unused amounts, as well as multi-year scholarships retained by the organization to be forwarded to the students' schools when tuition is due.
Official website here: www.acsto.org
Who is the CEO of Arizona Christian School Tuition Organization Inc?
Scott Yarbrough is the Executive Di of Arizona Christian School Tuition Organization Inc.
Official website here: www.acsto.org
What is the revenue of Arizona Christian School Tuition Organization Inc?
Arizona Christian School Tuition Organization Inc's revenue in 2022 was $31,854,340.
Official website here: www.acsto.org
Who are the executives of Arizona Christian School Tuition Organization Inc and what are their salaries?
The average compensation at Arizona Christian School Tuition Organization Inc during 2022 was $76,266. There are 5 employees at Arizona Christian School Tuition Organization Inc.
Here are 7 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.acsto.org
Where can I find the form 990 for Arizona Christian School Tuition Organization Inc?
Arizona Christian School Tuition Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acsto.org
Learn more at the official website: www.acsto.org
Mission Statement of Arizona Christian School Tuition Organization Inc
Arizona Christian School Tuition Organization Inc: Embracing Educational Opportunities through Scholarship Grants
The Arizona Christian School Tuition Organization Inc is dedicated to generously granting tuition scholarships to students in need. This charitable organization's primary goal is to award scholarships that enable deserving students to attend the educational institution of their choice. Since its establishment in 1998, the Arizona Christian School Tuition Organization Inc has displayed an unwavering commitment to this mission, granting over 280 million dollars in scholarships to more than 43,000 students. The organization's grants not only cover tuition fees but also encompass unused scholarships returned and multi-year scholarships retained to be forwarded when tuition is due.
Empowering Students with Opportunities: A Legacy of Success
The Arizona Christian School Tuition Organization Inc has been a beacon of hope for countless students seeking quality education. Through its tireless efforts and generous grants, the organization has played a pivotal role in shaping the futures of these students. By providing financial assistance, the Arizona Christian School Tuition Organization Inc allows students to pursue their dreams and attend schools that best suit their educational needs. With the organization's unwavering support, students can focus on their studies and reach new heights, ultimately contributing to a brighter future for themselves and their communities.
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Impact
October, 2024
Arizona Christian School Tuition Organization Inc has made a significant impact on education in the state by providing tuition scholarship awards to students in need. Since its inception in 1998, the organization has awarded over $280 million in scholarships to more than 43,000 students, facilitating access to quality private education. This support allows families to choose educational paths that align with their values and aspirations, thereby enhancing the overall educational landscape in Arizona.
The organization operates under the Arizona Private School Tuition Tax Credit Law (ARS 43-1089), ensuring that funds allocated for scholarships are effectively utilized to support students. The scholarships not only help cover tuition costs but also empower families by giving them more options to pursue their desired educational environment. By bridging financial gaps, Arizona Christian School Tuition Organization Inc plays a crucial role in fostering educational equity, enabling students from various backgrounds to thrive in an enriching academic environment.
This information is meant to be a general summary of Arizona Christian School Tuition Organization 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: $24,385
- Gross Receipts: $31,854,340
Assets and Liabilities:
- Total Assets: $20,537,064
- Total Liabilities: $0
- Net Assets: $20,537,064
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Organization Details
Founding Year
1998
Phone
(480) 820-0403Principal Officer
Scott Yarbrough
Main Address
PO BOX 6580, CHANDLER, AZ, 85246
Website
www.acsto.orgNTEE Category
Code: B82 - Education
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