2026-02-25T12:57:42-05:00 2025-06-30 208019714 JDS PROFESSIONAL GROUP 10303 E DRY CREEK RD STE 400 ENGLEWOOD CO 80112 990 2024-07-01 860958161 ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC ARIZ 4806998911 15900 NORTH 78TH STREET 210 SCOTTSDALE AZ 85260 STEPHEN MOTTE TREASURER 4805905420 2026-02-24 true true LORI B BAUER CPA P01260252 3037710123 2026-02-24 2024 2025-03-06 01:10:19Z GRANT SARDACHUK 15900 NORTH 78TH STREET 210 SCOTTSDALE AZ 85260 6888314 false X WWW.APESF.ORG X 1998 AZ 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. 7 7 4 7 0 6937139 6638308 0 197646 250006 0 7134785 6888314 5000184 5425998 0 286313 266352 0 207205 405291 461245 5691788 6153595 1442997 734719 6983330 7719045 2747 3743 6980583 7715302 TO OPERATE AS A QUALIFIED TUITION ORGANIZATION UNDER ARIZONA STATUTES RELATED TO PRIVATE SCHOOL TUITION TAX CREDITS. false false 5578449 5402985 DURING 2024-2025, PAID OUT TAX CREDIT SCHOLARSHIPS TO 1,432 ELIGIBLE K-12TH GRADE LEVEL STUDENTS ATTENDING ACCREDITED PRIVATE SCHOOLS THROUGHOUT THE STATE OF ARIZONA. 14844 14844 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 2024-2025 FISCAL YEAR, GRANTS WERE MADE TO BENEFIT 27 STUDENTS AT THREE ARIZONA PRIVATE SCHOOLS. 8169 8169 SUPPORT FOR ORGANIZATIONS, CLUBS, AND OTHER QUALIFIED ENTITIES THAT SPECIFICALLY SUPPORT THE STUDENT POPULATIONS OF THE ORGANIZATION'S PARTNER SCHOOLS AND/OR OTHER COMMUNITY INITIATIVES THAT SUPPORT THE EDUCATION, HEALTH, SAFETY, AND WELFARE OF ARIZONA'S YOUTH. 5601462 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true false false false false false true false false false false false false false true false false false false true 6 0 true 4 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false X THE ORGANIZATION 4806998911 15900 NORTH 78TH STREET 210 SCOTTSDALE AZ 85260 GRANT SARDACHUK CHAIR 2.00 X X 0 0 0 DR GARY DAMORE SECRETARY 2.00 X X 0 0 0 STEPHEN MOTTE TREASURER 2.00 X X 0 0 0 LISA PIPHER DIRECTOR 0.50 X 0 0 0 DEREK BOHLEN DIRECTOR 0.50 X 0 0 0 SHANNON MITCHELL DIRECTOR 2.00 X 0 0 0 TODD BAUGHMAN DIRECTOR 2.00 X 0 0 0 RICHARD DOE EXECUTIVE DI 40.00 X 96602 0 22514 96602 22514 false false false 6638308 6638308 250006 250006 6888314 250006 8169 8169 5417829 5417829 122746 24549 24549 73648 125089 58998 46085 20006 311 311 18206 6152 5183 6871 142874 24171 118703 36976 36976 18452 6366 5259 6827 68354 23582 19481 25291 41749 14404 11898 15447 1505 519 429 557 12277 2862 2364 7051 39274 13550 11193 14531 7438 7438 BANK AND MERCHANT FEES 92346 92346 6153595 5601462 344928 207205 32992 37686 6608941 7379236 420684 118561 341397 302123 6983330 7719045 2747 3743 2747 3743 X 6980583 7715302 6980583 7715302 6983330 7719045 734719 X X false true X true false X 6922465 7490422 5837685 6937139 6638308 33826019 6922465 7490422 5837685 6937139 6638308 33826019 2476905 31349114 15840 8020 83415 197646 250006 554927 34380946 1563 0.91180 0.89550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 420684 118561 302123 302123 CREDIT CARD LIABILITY 3743 3743 X 6888314 6888314 6888314 6153595 6153595 6153595 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRES THEM TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEAR ENDED JUNE 30, 2025, THE ORGANIZATION'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN AFFECT ON ITS TAX-EXEMPT STATUS. true STUDENT EXTRACURRICULAR 27 14844 ORIGINAL SCHOLARSHIPS 801 2223464 SWITCHER SCHOLARSHIPS 669 1655099 CORP LOW INC SCHOLARSHIPS 557 1083929 DISABLED/DISPLACED SCHOLA 129 440493 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL STUDENTS ARE REQUIRED TO APPLY FOR SCHOLARSHIPS EACH YEAR AWARDED. EACH APPLICATION IS REVIEWED TO DETERMINE THE AWARD AMOUNT TO BE PAID. IF ANY, BASED ON FINANCIAL NEED, ACHIEVEMENT, STATE LAW, AND OTHER FACTORS. ALL SCHOLARSHIPS ARE AWARDED IN A NON-DISCRIMINATORY MANNER. OTHER GRANTS MADE ARE DETERMINED BY THE BOARD AND MANAGEMENT, BASED ON NEED AND THE PROGRAMS BEING FUNDED. DEREK BOHLEN BOARD MEMBER 13340 SCHOLARSHIP PAID TO SCHOOL AWARDED 2 CHILDREN GARY DAMORE SECRETARY 30154 SCHOLARSHIP PAID TO SCHOOL AWARDED 2 GRANDCHILD STEPHEN MOTTE TREASURER 6250 SCHOLARSHIP PAID TO SCHOOL AWARDED 1 CHILD KYLE HAUGEN BUSINESS MANAGER 11650 SCHOLARSHIP PAID TO SCHOOL AWARDED 1 CHILD RICHARD DOE EXECUTIVE DIRECTOR 14855 SCHOLARSHIP PAID TO SCHOOL AWARDED 1 CHILD FORM 990, PAGE 6, PART VI, LINE 11B EACH BOARD MEMBER REVIEWS THE INFORMATION PROVIDED TO COMPLETE THE FORM 990, AS WELL AS REVIEWS THE COMPLETED FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY EACH MEMBER OF THE BOARD SIGNS A STATEMENT THAT THEY: (1) HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (2) HAVE READ AND UNDERSTAND THE POLICY; (3) HAVE AGREED TO COMPLY WITH THE POLICY; AND (4) UNDERSTANDS THE CORPORATION IS CHARITABLE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF THE TAX-EXEMPT PURPOSES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS THE CONTRACT FOR THE EXECUTIVE DIRECTOR USING COMPARABILITY DATA. THE EXECUTIVE DIRECTOR IS NOT INCLUDED IN THE DISCUSSION, AND THE BOARD INDEPENDENTLY DISCUSSES AND DOCUMENTS DELIBERATION AND DECISION. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS THE CONTRACT FOR THE EXECUTIVE DIRECTOR USING COMPARABILITY DATA. THE EXECUTIVE DIRECTOR IS NOT INCLUDED IN THE DISCUSSION, AND THE BOARD INDEPENDENTLY DISCUSSES AND DOCUMENTS DELIBERATION AND DECISION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAINTAINS A PUBLIC DISCLOSURE COPY OF THE RETURN FOR PUBLIC INSPECTION IN THEIR OFFICE WHERE THE PUBLIC CAN MAKE AN APPOINTMENT TO REVIEW WITH REASONABLE ADVANCE NOTICE. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION CONTINUES WITH THE CURRENT, THOROUGH, OVERSIGHT PROCESS. STO MANAGEMENT GROUP LLC 15900 NORTH 78TH STREET STE 210 SCOTTSDALE AZ 85260 270558355 SEE PT VII AZ 602852 557673 APESF ARIZONA PRIVATE EDUCATION SCHOLARSH AZCREDITS LLC 15900 NORTH 78TH STREET STE 210 SCOTTSDALE AZ 85260 SEE PT VII AZ 11350 1754 APESF ARIZONA PRIVATE EDUCATION SCHOLARSH SCHEDULE R PART I: (B) PRIMARY ACTIVITY (1) STO MANAGEMENT GROUP ASSISTS IN MANAGEMENT OF ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND, INC (2) AZCREDITS LLC MAXIMIZES ARIZONA TAX CREDIT DONATIONS FOR ALL AZ CHARITABLE TAX CREDITS.