2024-05-14T15:24:57-04:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 3575 PIEDMONT RD NE STE 1550 ATLANTA GA 30305 990 2022-07-01 860931047 ARIZONA CHRISTIAN SCHOOL TUITION ORGANIZATION INC ARIZ 4808200403 PO BOX 6580 CHANDLER AZ 85246 STEVEN B YARBROUGH EXECUTIVE DIRECTOR 4808200403 2024-05-14 true STEVEN YARBROUGH XXX-XX-XXXX false M ELLEN LUCCIOLA CPA P01420851 4042623300 2024-05-14 2022 2023-04-26 12:10:37Z SCOTT YARBROUGH 3392 E GEMINI CT CHANDLER AZ 85249 28516418 false X WWW.ACSTO.ORG X 1998 AZ ORGANIZATION'S MISSION IS TO GRANT TUITION SCHOLARSHIP AWARDS 6 5 5 5 0 31829955 28335063 0 24385 171719 0 31854340 28506782 28843828 17428100 0 381329 390470 0 579181 2530839 2192311 31755996 20010881 98344 8495901 20537064 29203540 170575 20537064 29032965 ORGANIZATION'S MISSION IS TO GRANT TUITION SCHOLARSHIP AWARDS false false 10454785 10135579 16847830 ORGANIZATION AWARDED GRANTS/SCHOLARSHIPS TO STUDENTS DURING PERIOD ENDING JUNE 30, 2023. SINCE INCEPTION IN 1998 THE ORGANIZATION HAS AWARDED GRANTS/SCHOLARSHIPS TOTALLING OVER 280,000,000 TO OVER 43,000 DIFFERENT STUDENTS PURSUANT TO ARS 43-1089, THE ARIZONA PRIVATE SCHOOL TUITION TAX CREDIT LAW. THE GRANT AMOUNT LISTED IS A NET AMOUNT FOR THE FISCAL YEAR INCLUDING SCHOLARSHIPS AWARDED, UNUSED SCHOLARSHIPS RETURNED, AND MULTI- YEAR SCHOLARSHIPS RETAINED BY THE ORGANIZATION TO FORWARD TO THE STUDENT'S SCHOOL WHEN TUITION COMES DUE. 7522188 7292521 11016126 ORGANIZATION AWARDED GRANT/SCHOLARSHIPS TO OVER 4,250 STUDENTS DURING PERIOD ENDING JUNE 30, 2023 PURSUANT TO THE OVERFLOW/PLUS (SWITCHER) TUITION TAX CREDIT LAW, A.R.S. 43-1089.03 THAT WAS ENACTED IN 2012. THE GRANT AMOUNT LISTED IS A NET AMOUNT OF THE FISCAL YEAR INCLUDING SCHOLARSHIPS AWARDED, UNUSED SCHOLARSHIPS RETURNED, AND MULTI-YEAR SCHOLARSHIPS RETAINED BY THE ORGANIZATION TO FORWARD TO THE STUDENT'S SCHOOL WHEN TUITION COMES DUE. 471107 THE ORGANIZATION RECEIVED 471,107 IN UNSOLICITED DONATIONS PRIMARILY THROUGH MATCHING GIFT PROGRAMS AND FROM DONATIONS IN EXCESS OF THE AMOUNT ALLOWABLE UNDER TUITION TAX CREDIT LAWS A.R.S. 43-1089 AND A.R.S. 43-1089.03. THESE DONATIONS DO NOT QUALIFY FOR AN ARIZONA STATE INCOME TAX CREDIT. THE ORGANIZATION ADDED THESE FUNDS TO THOSE USED IN 4A ABOVE TO AWARD SCHOLARSHIPS PURSUANT TO A.R.S. 43-1089. 17976973 true false false false false false false false false false true false false false true false true false false false false false false false false false false false true false false false false false false true true true false false false false false false false false false true 11 0 false 5 true false false false false false false false false X 6 5 true false false false false false false true true false false true true true true true true true true false AZ X AMY HAWKINSON 4808200403 2241 E PECOS RD SUITE 3 CHANDLER AZ 85225 STEVEN B YARBROUGH EXECUTIVE DI 40.00 X X 125885 0 0 BARB BARNES DIRECTOR 1.00 X 0 0 0 MARLIN BROEK DIRECTOR 1.00 X 0 0 0 FRED MEYERS DIRECTOR 1.00 X 0 0 0 BARBARA J SAUNDERS SECRETARY/TR 1.00 X X 0 0 0 SCOTT R SAUNDERS VICE PRESIDE 1.00 X X 0 0 0 SCOTT YARBROUGH PRESIDENT 1.00 X X 0 0 0 125885 1 false false false 28335063 28335063 151354 151354 30001 9636 20365 20365 20365 28506782 171719 17428100 17428100 125885 47836 31471 46578 264585 100241 66283 98061 1006289 258250 676618 71421 99711 99711 228589 58885 16529 153175 123138 49255 12313 61570 50163 10033 20065 20065 5435 3261 1087 1087 19572 7829 1957 9786 8368 1674 3347 3347 SERVICES CHARGES 589182 589182 CONTRIBUTIONS 36470 32493 3977 PRESENTATION AND MEETINGS 22012 11609 10403 DUES/LICENSES/PERMITS 3382 3382 20010881 17976973 1454727 579181 2218182 4171295 17160131 23552463 267157 115050 98033 152107 1060718 1157351 170324 20537064 29203540 251 170324 0 170575 X 20537064 29032965 20537064 29032965 20537064 29203540 8495901 X false true X true false X 23775206 23658342 29512948 31829955 28335063 137111514 23775206 23658342 29512948 31829955 28335063 137111514 137111514 78731 34165 78454 24385 151354 367089 137478603 0.99730 0.99830 X 144626 66085 78541 39249 39249 83282 9716 73566 152107 LEASE LIABILITIES 170324 170324 28506782 28506782 28506782 20010881 20010881 20010881 false 91ST PSALM CHRISTIAN SCHO 34 33928 ACE ACADEMY 9 6144 ALL SAINTS' EPISCOPAL DAY 45 69019 AMBASSADOR CHRISTIAN ACAD 102 88680 AMERICAN INDIAN CHRISTIAN 41 104486 APACHE BAPTIST ACADEMY 20 7843 ARIZONA LUTHERAN ACADEMY 266 616750 ARROWHEAD CHRISTIAN ACADE 63 51737 ASCENSION LUTHERAN SCHOOL 35 96368 ATONEMENT LUTHERAN SCHOOL 51 58877 BEAUTIFUL SAVIOR ACADEMY 32 48175 BEREAN CHRISTIAN SCHOOL 3 1676 BLESSED BEGINNINGS OF ORO 22 39570 CALVARY CHRISTIAN ACADEMY 285 455971 CALVARY CHRISTIAN ACADEMY 8 10336 CALVARY CHRISTIAN SCHOOL 148 154805 CARDEN CHRISTIAN ACADEMY 9 10298 CAREFREE CHRISTIAN ACADEM 37 77234 CARITAS CHRISTIAN CLASSIC 39 16430 CASAS CHRISTIAN SCHOOL 123 109874 CHAPARRAL CHRISTIAN COMMU 24 42633 CHRIST CHURCH SCHOOL, INC 24 26454 CHRIST GREENFIELD SCHOOL 321 647438 CHRIST LUTHERAN SCHOOL 182 147259 COMPASSION CHRISTIAN ACAD 10 6592 COVENANT CHILD CARE CENTE 4 18732 CREATION SCHOOL 48 77828 CROSS CHRISTIAN ACADEMY 22 25204 CROSS OF GLORY LUTHERAN S 41 20295 DESERT CHRISTIAN SCHOOLS 134 145949 DREAM CITY CHRISTIAN SCHO 286 235136 EAST FORK LUTHERAN SCHOOL 15 39634 EMMANUEL CHRISTIAN ACADEM 18 1141 EMMANUEL LUTHERAN SCHOOL 14 24683 EMMAUS LUTHERAN SCHOOL 42 24085 FAITH CHRISTIAN ACADEMY 8 4298 FAITH CHRISTIAN SCHOOL 94 173029 FAITH COMMUNITY ACADEMY 23 1813 FAITH LUTHERAN SCHOOL 56 68194 FAMILY LIFE ACADEMY 33 25305 FAMILY OF CHRIST PRESCHOO 14 33100 FIRST BAPTIST CHRISTIAN A 21 3323 FIRST SOUTHERN CHRISTIAN 5 5534 FLAGSTAFF CHRISTIAN SCHOO 62 37918 FOURTEENSIX CHRISTIAN ACA 32 38673 GATEWAY BAPTIST ACADEMY 18 8191 GETHSEMANE CHRISTIAN ACAD 14 46675 GILBERT CHRISTIAN SCHOOLS 1117 2906443 GLENDALE CHRISTIAN ACADEM 15 3629 GOD'S GARDEN CHILD DEVELO 14 27839 GOSPEL OUTREACH CHRISTIAN 1 1008 GRACE CHRISTIAN ACADEMY 270 647794 GRACE FELLOWSHIP ACADEMY 20 39859 GRACE LUTHERAN SCHOOL 39 30695 GRACEPOINTE CHRISTIAN ACA 2 938 GRACE HEARTS CHRISTOS 3 6964 GUIDING LIGHT CHRISTIAN P 29 61134 HEART CRY CHRISTIAN ACADE 20 8482 HIGHLANDS LATIN SCHOOL - 7 5625 HOLY CROSS LUTHERAN SCHOO 3 5277 HOPE CHRISTIAN ACADEMY 59 42478 JEWELL SCHOOL 4 11933 JOANNE TODD CHRISTIAN SCH 8 3119 LAMB'S GATE CHRISTIAN SCH 2 5039 LIBERTY BAPTIST CHRISTIAN 4 1688 LIFE CHRISTIAN ACADEMY 14 20991 LIGHT OF CHRIST CHRISTIAN 16 16124 LOGOS CHRISTIAN ACADEMY 43 32735 MARANATHA CHRISTIAN ACADE 3 5002 MESA CHRISTIAN ACADEMY 16 21092 MOUNTAIN CHRISTIAN SCHOOL 48 20704 MOUNTAIN VIEW ACADEMY 2 471 NATIVE AMERICAN CHRISTIAN 21 24451 NAVAJO MISSION PREPARATOR 75 245489 NEW COVENANT LUTHERAN PRE 30 76626 NOAH'S ARK PRESCHOOL & KI 24 31577 NORTH PHOENIX BAPTIST KIN 16 51511 NORTH VALLEY CHRISTIAN AC 267 529905 NORTHLAND CHRISTIAN SCHOO 24 7673 NORTHWEST CHRISTIAN SCHOO 601 1034230 PAGE CHRISTIAN SCHOOL 11 12378 PARADISE FOR TOTS CHRISTI 2 3031 PARADISE VALLEY CHRISTIAN 129 204175 PAYSON CHRISTIAN SCHOOL 160 277318 PERIDOT - OUR SAVIOR'S LU 8 17801 PHOENIX CHRISTIAN PREPARA 409 337760 PHOENIX CHRISTIAN SCHOOL 107 91942 PILGRIM LUTHERAN SCHOOL 6 5458 PLEASANTVIEW CHRISTIAN EL 4 1817 PUSCH RIDGE CHRISTIAN ACA 721 1345054 PUSCH RIDGE CHRISTIAN ACA 99 125319 REDEEMER CHRISTIAN SCHOOL 49 61582 REDEEMER LUTHERAN SCHOOL 92 56660 RESURRECTION LUTHERAN CHI 27 115600 RISEN SAVIOR LUTHERAN SCH 36 122249 SCOTTSDALE CHRISTIAN ACAD 437 1085968 SOUTHWESTERN CHRISTIAN SC 4 1733 ST. ANDREW'S PRESCHOOL & 12 11376 ST. PETER'S MONTESSORI SC 7 14093 TANQUE VERDE LUTHERAN PRE 24 41064 THREE HIERARCHS ACADEMY 59 86401 TIPPING POINT ACADEMY 16 10407 TRI-CITY CHRISTIAN ACADEM 42 31171 TRINITY CHRISTIAN SCHOOL 301 401949 TRINITY LUTHERAN SCHOOL 97 144328 TRUTHFUL BEGINNINGS SCHOO 6 5890 TUCSON BAPTIST ACADEMY 40 25781 UNITED CHRISTIAN SCHOOL 87 46732 VALLEY BAPTIST SCHOOL 11 7791 VALLEY CHRISTIAN SCHOOLS 1051 3147885 VALLEY LUTHERAN HIGH SCHO 96 206149 VERDE CHRISTIAN ACADEMY 20 18286 VERITAS ACADEMY OF TUCSON 87 54601 VERITAS CHRISTIAN COMMUNI 15 22328 WEST VALLEY CHRISTIAN SCH 135 158761 WICKENBURG CHRISTIAN ACAD 109 63416 WINSLOW CHRISTIAN SCHOOL 3 220 YUMA CHRISTIAN ACADEMY 11 2895 YUMA LUTHERAN SCHOOL 20 2111 SCHEDULE I, PAGE 1, PART I, LINE 2 FUNDS ARE AWARDED BY SELECTION COMMITTEES AS TUITION SCHOLARSHIPS TO STUDENTS ATTENDING PRIVATE K-12 SCHOOLS IN THE STATE OF ARIZONA. SCHOOLS RECEIVING THE SCHOLARSHIPS SIGN AN UNDERSTANDING THAT THE FUNDS MUST ONLY BE USED FOR TUITION FOR THE STUDENT RECEIVING THE AWARD. UNUSED FUNDS MUST BE RETURNED TO OUR ORGANIZATION TO EITHER FOLLOW THE STUDENT TO THEIR NEW PRIVATE SCHOOL, OR TO BE RE-AWARDED TO ELIGIBLE STUDENTS. HY PROCESSING LLC SEE PART V 837964 SEE PART V false SCHEDULE L, PART V PART IV (B) OWNED BY STEVE/LINDA YARBROUGH AND STEVE AND SCOTT YARBROUGH ARE FATHER/SON ALONG WITH KEY EMPLOYEES. (D) THE SERVICES PROVIDED BY THIS VENDOR INCLUDED DATA ENTRY FOR ALL DONATIONS, WEEKLY AND AGAIN ANNUAL FIRST-CLASS MAIL DONOR RECEIPTS, PROCESSING OF ALL APPLICATIONS, FIRST-CLASS MAIL REGARDING STATUS OF APPLICATIONS, AND FIRST CLASS MAIL OF AWARD NOTIFICATIONS TO ALL SCHOLARSHIP RECIPIENTS. VENDOR PROVIDED ALL COMPUTER HARDWARE AND SUPPLIES FOR ALL OF THESE SERVICES. VENDOR ALSO SUPPLIES DETAILED INFORMATION TO THE SELECTION COMMITTEES TO FACILITATE THEIR MAKING SCHOLARSHIP AWARDS MULTIPLE TIMES PER YEAR. VENDOR SUPPLIES THE WORKFORCE PROVIDING ALMOST ALL OF THE CUSTOMER SERVICE BY TELEPHONE OR EMAIL FOR THOUSANDS OF INQUIRIES PER YEAR. FORM 990, PAGE 6, PART VI, LINE 2 SCOTT SAUNDERS BARBARA J SAUNDERS FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B ANNUAL 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND THE BOARD PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C KEY EMPLOYEES (EXECUTIVE DIRECTOR AND ASSISTANT EXECUTIVE DIRECTOR) AND BOARD MEMBERS ARE COVERED BY THIS POLICY. THESE PERSONS DISCLOSE TO THE BOARD ANY CONFLICTS WHICH MAY ARISE FROM TIME TO TIME. THIS IS DONE BY COMMUNICATION TO THE BOARD AT BOARD MEETINGS. THE EXECUTIVE DIRECTOR, ASSISTANT EXECUTIVE DIRECTOR, AND MARKETING & COMMUNICATIONS MANAGER HAVE EXCLUSIVE PURCHASING AUTHORITY FOR THE ORGANIZATION. THEY HOLD THE ONLY CREDIT CARDS USED BY THE ORGANIZATION. THE EXECUTIVE DIRECTOR GENERALLY SIGNS ALL CHECKS. IF A CONFLICT IS DISCLOSED IT IS DISCUSSED AND ADDRESSED AT THE BOARD LEVEL AT A REGULAR MEETING OR SOONER AS THE BOARD PRESIDENT MAY DETERMINE. IF A CONFLICT IS RECOGNIZED BUT ACCEPTED BY THE BOARD, IT IS REVIEWED AT LEAST ANNUALLY TO CONFIRM THAT THE CONFLICT IS NOT CONTRARY TO THE BEST INTERESTS OF THE ORGANIZATION. RESTRICTIONS COULD BE IMPOSED AS THE BOARD MAY DETERMINE. FORM 990, PAGE 6, PART VI, LINE 15A IN DETERMINING COMPENSATION CHANGES THE BOARD REVIEWS SALARY FOR EXECUTIVES IN COMPARABLE POSITIONS, CONSIDERS THE UNIQUE REQUIREMENTS OF WORKING IN THIS SPECIALIZED ARENA OF ARIZONA SCHOLARSHIPS TAX CREDIT IMPLEMENTATION AND MAKES A DECISION TO ADVANCE THE STRENGTH OF ACSTO, ARIZONA'S LARGEST AND MOST SUCCESSFUL STO. THE PROCESS WAS SET IN 2002 AND HAS REMAINED CONSTANT. PRIOR TO THAT TIME, IT WAS DONE BY THE BOARD WITHOUT THE DESCRIBED PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION OF THE ASSISTANT EXECUTIVE DIRECTOR IS SET BY THE EXECUTIVE DIRECTOR AND REVIEWED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.