NonprofitsArizona Private Education Scholarship Fund Inc

Education

Arizona Private Education Scholarship Fund Inc

SCOTTSDALE, AZ

Total revenue

$7.1M

Total expenses

$5.7M

Net assets

$7.0M

Grants received

$327K

27 grants

EIN

860958161

Tax year

2023

Mission

Arizona private education scholarship fund (apesf) is a dedicated and active partner of school-choice in the state of arizona. Our primary mission is to advance school-choice by providing financial support, through tuition scholarships, to qualified students attending private arizona k-12 schools. Apesf is certified by the arizona department of revenue as a school tuition organization pursuant to ars section 43-1089. Apesf utilizes state tax credit and general donation revenues to fulfill its mission.

Programs

1 program

Grants are made to support youth and youth programs. Beyond the books grants are made to help low-income or at-risk arizona students to help offset the additional costs of private school extracurricular activities, technology/textbooks, sports, graduation, field trips, uniforms, learning services and more. During the 2023-2024 fiscal year, grants were made to benefit 27 students at three arizona private schools. In addition, the organization awarded grants totaling $8,000 were made to four nonprofit organizations to support programs benefitting arizona youth.

Expenses: $20KGrants: $20K

Financials

FY 2023

Revenue

Contributions & grants$6.9M
Program service revenue
Investment income$198K
Other revenue
Total revenue$7.1M

Expenses

Grants paid$5.0M
Salaries & benefits$286K
Fundraising$156K
Other expenses$405K
Total expenses$5.7M
Total assets$7.0M
Net assets$7.0M

People

10 listed

NameRoleCompensation

RICHARD DOE

EXEC. DIRECTOR

Board

$85K

40 hrs/wk

DEREK BOHLEN

DIRECTOR

Board

0.5 hrs/wk

LISA MOERKERKE PIPHER

DIRECTOR

Board

0.5 hrs/wk

SHANNON MITCHELL

DIRECTOR (BEGIN 5/2024)

Board

2 hrs/wk

TODD BAUGHMAN

DIRECTOR (BEGIN 5/2024)

Board

2 hrs/wk

PAUL COX

DIRECTOR (END 3/2023)

Board

0.5 hrs/wk

KEVIN ARMSTRONG

TREASURER (END 4/2024)

Board

2 hrs/wk

GARY DAMORE

SECRETARY

Board

2 hrs/wk

GRANT SARDACHUK

CHAIRMAN

Board

2 hrs/wk

STEPHEN MOTTE

TREASURER (BEGIN 2/2024)

Board

2 hrs/wk

Grants received

Showing 27 of 27

FromAmountPurposeYear
$3K
GENERAL SUPPORT
2023
$7K
GENERAL SUPPORT
2022
$700
GENERAL OPERATING PURPOSES
2022
$600
MATCHING GIFT
2022
$50
GENERAL SUPPORT
2022
$1K
GENERAL OPERATING SUPPORT
2021
$2K
GENERAL SUPPORT
2020
$2K
GENERAL OPERATING SUPPORT
2020
$853
GENERAL SUPPORT
2020
$653
GENERAL SUPPORT
2020
$569
GENERAL SUPPORT
2020
$553
GENERAL SUPPORT
2020
$184
GENERAL SUPPORT
2020
$2K
GENERAL OPERATING SUPPORT
2019
$1K
GENERAL OPERATING SUPPORT
2018
$150K
SCHOLARSHIP
2017
$5K
PROGRAM SUPPORT
2017

Funded by

$327K from 10 funders · 27 grants · 2017–2024

Wiseheart Foundation Inc

$150K · 1 grant · 2017

American Online Giving Foundation Inc

$116K · 6 grants · 2019–2024

Natl Christian Charitable Fdn Inc

$29K · 3 grants · 2022–2023

The Blackbaud Giving Fund

$7K · 1 grant · 2022

American Express Foundation

$7K · 8 grants · 2020–2023

Jpmorgan Chase Foundation

$5K · 4 grants · 2018–2021

Arizona Community Foundation

$5K · 1 grant · 2017

Details

EIN860958161
NTEE codeB82
Subsection03
Ruling date1999-07
Formed1998
Employees5
Volunteers0
ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC — Mission, Financials & Grants Received | Grantivo