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Education : Scholarship and Financial Support
Board Leadership
Scott Yarbrough
President
CEO
Steve Yarbrough
Executive Director
|
Since it began in 1998, Arizona Christian School Tuition Organization (ACSTO) has awarded over $240 million in scholarships to 38,000 students attending 150 Arizona Christian schools. More than 88,000 visionary Arizona taxpayers have made this possible by donating to ACSTO and benefiting from Arizona's unique opportunity to receive a dollar-for-dollar credit against their Arizona state income tax. ACSTO exists to make Christian Education affordable for students and their families by effectively implementing the provisions of the Arizona Private School Tuition Tax Credit law.
Since it began in 1998, Arizona Christian School Tuition Organization (ACSTO) has awarded over $240 million in scholarships to 38,000 students attending 150 Arizona Christian schools. More than 88,000 visionary Arizona taxpayers have made this possible by donating to ACSTO and benefiting from Arizona's unique opportunity to receive a dollar-for-dollar credit against their Arizona state income tax. ACSTO exists to make Christian Education affordable for students and their families by effectively implementing the provisions of the Arizona Private School Tuition Tax Credit law.
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97.50
96.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
93.0% | |
Administrative Expenses | 4.7% | |
Fundraising Expenses | 2.1% | |
Fundraising Efficiency | $0.02 | |
Working Capital Ratio (years) | 0.72 | |
Program Expenses Growth | 12.6% | |
Liabilities to Assets | < 0.1% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Arizona Christian School Tuition Organization (AZ) | 96.66 | |
The Posse Foundation (NY) | 88.93 | |
Denver Scholarship Foundation (CO) | 90.08 | |
Children's Scholarship Fund Philadelphia (PA) | 95.72 | |
Scholarship Foundation of Santa Barbara (CA) | 91.16 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $23,775,206 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $23,775,206 |
Program Service Revenue | $0 |
Total Primary Revenue | $23,775,206 |
Other Revenue | $78,731 |
TOTAL REVENUE | $23,853,937 |
EXPENSES | |
Program Expenses | $21,538,808 |
Administrative Expenses | $1,067,709 |
Fundraising Expenses | $484,166 |
TOTAL FUNCTIONAL EXPENSES | $23,090,683 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $763,254 |
Net Assets | $15,899,058 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Grants and Scholarships | $13,523,863 | 62.8% |
Awarded Grants and Scholarships to 5,078 students | $8,014,945 | 37.2% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2019-06 | 12/01/2020 | 96.66 | |||||||
2018-06 | 07/01/2019 | 96.66 | |||||||
2017-06 | 09/01/2018 | 91.05 | |||||||
2016-06 | 10/01/2017 | 90.48 | |||||||
2015-06 | 06/01/2016 | 91.45 | |||||||
CN 2.0 | |||||||||
2015-06 | 03/01/2016 | 91.21 | |||||||
2014-06 | 09/01/2015 | 89.31 | |||||||
2013-06 | 06/01/2014 | 88.51 | |||||||
2012-06 | 07/01/2013 | 80.22 | |||||||
2010-12 | 12/23/2011 | 70.30 | |||||||
2009-12 | 09/20/2011 | 75.84 | |||||||
CN 1.0 | |||||||||
2009-12 | 02/01/2011 | 89.48 | |||||||
2008-12 | 05/01/2010 | 96.88 | |||||||
2007-12 | 11/01/2008 | 96.84 | |||||||
2006-12 | 12/01/2007 | 99.37 | |||||||
2005-12 | 11/01/2006 | 99.22 | |||||||
2004-12 | 10/01/2005 | 95.13 | |||||||
2003-12 | 09/01/2004 | 99.32 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 86-0931047 |
Name in IRS Master File | ARIZONA CHRISTIAN SCHOOL TUITION ORGANIZATION INC |
NTEE Code | B82 |
NTEE Classification | Scholarships, Student Financial Aid Services, Awards |
NTEE Type | Educational Institutions and Related Activities |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | March, 1999 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$104,824 | 0.45% | Steven B. Yarbrough | Executive Director | |
Other Salaries of Note | ||||
$16,154 | 0.06% | Scott Yarbrough | President |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Arizona Christian School Tuition Organization (AZ) | 96.66 | |
Great Aspirations Scholarship Program (GRASP) (VA) | 100.00 | |
Take Stock in Children Palm Beach County (FL) | 93.38 | |
Catholic Education Arizona (AZ) | 85.06 | |
Extra Mile Education Foundation (PA) | 89.00 |
This charity has an official representative registered with Charity Navigator.
Arizona Christian School Tuition Organization
P.O. Box 6580
Chandler,
AZ 85246
tel: (480) 820-0403
fax: (480) 820-2027
EIN: 86-0931047
Scott Yarbrough
President
Steve Yarbrough
Executive Director
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923