2024-11-08T14:50:08-06:00 2024-06-30 770602105 MONICA J STERN CPA PLLC 11225 NORTH 28TH DRIVE SUITE A100 PHOENIX AZ 850295608 990 2023-07-01 200575040 ARIZONA TUITION ORGANIZATION INC ARIZ 6022953033 442 MILLER VALLEY ROAD 11900 PRESCOTT AZ 86304 BRETT ROEHR PRESIDENT 6022953033 2024-11-07 1 1 MONICA J STERN CPA P00295294 6026748226 2024-11-07 2023 2024-10-15 13:58:12Z BRETT ROEHR 442 MILLER VALLEY ROAD 11900 PRESCOTT AZ 86304 3230762 0 X WWW.AZTO.ORG X 2003 AZ MAKE CHRISTIAN EDUCATION AFFORDABLE AND ACCESSIBLE BY GRANTING SCHOLARSHIPS TO STUDENTS. 3 1 4 2 0 0 3291404 3103258 0 0 39501 127504 0 0 3330905 3230762 2218429 2396460 0 0 157633 173241 0 0 52057 133070 130561 2509132 2700262 821773 530500 3172368 3708745 4058 9935 3168310 3698810 X THE ORGANIZATION'S MISSION IS TO MAKE CHRISTIAN EDUCATION AFFORDABLE AND ACCESSIBLE SO PARTICIPATING STUDENTS CAN IMPACT THE WORLD. THIS IS ACCOMPLISHED BY AWARDING TUITION GRANTS AND SCHOLARSHIPS TO ELIGIBLE STUDENTS AT ARIZONA K-12 PRIVATE SCHOOLS (CONT'D SCHEDULE O) VIA THE ARIZONA PRIVATE SCHOOL TUITION TAX CREDIT. THE ORGANIZATION ALSO PROVIDES QUALITY PERSONAL SERVICE TO ITS PARTNERING SCHOOLS, STUDENTS AND FAMILIES. 0 0 2519209 2396460 DURING THE YEAR ENDED JUNE 30, 2024, AZTO AWARDED TUITION SCHOLARSHIPS TO 629 ELIGIBLE STUDENTS TOTALING $2,396,460 WHO ATTEND ARIZONA K-12 PRIVATE CHRISTIAN SCHOOLS. SUBSEQUENT TO YEAR END THROUGH JULY 31, 2024, THE ORGANIZATION AWARDED AN ADDITIONAL $1,156,873 IN SCHOLARSHIPS. 2519209 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6022953033 442 MILLER VALLEY ROAD 11900 PRESCOTT AZ 86304 BRETT ROEHR PRESIDENT 30.00 X X 39443 0 0 MATTHEW DAVIDSON SECRETARY/TREASURER 1.00 X X 0 0 0 MICHAEL TRUEBLOOD DIRECTOR 1.00 X 0 0 0 LARA ROEHR EXECUTIVE DIRECTOR 40.00 X 98179 0 0 137622 0 0 0 0 0 0 0 3103258 3103258 127504 127504 3230762 0 0 127504 2396460 2396460 142000 79200 48600 14200 18930 9465 9465 12311 6783 3718 1810 12228 12228 50526 50526 9355 7400 1955 28529 6509 4628 17392 15309 7836 1074 6399 5142 3849 780 513 2573 993 1448 132 674 674 1296 714 391 191 2429 2429 MEMBERSHIPS 2500 2500 2700262 2519209 128996 52057 262087 189918 14714 5851 2787 8863 2907494 3509964 3172368 3708745 4058 9935 4058 9935 X 3168310 3698810 3168310 3698810 3172368 3708745 530500 0 X X 0 1 X 1 0 X 2858683 3489813 3809730 3291404 3103258 16552888 2858683 3489813 3809730 3291404 3103258 16552888 92101 16460787 8566 136 1156 39501 127504 176863 16729751 0.98390 0.98640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14714 5851 8863 8863 MONEY MARKET FUND - 100% U.S. TREASURIES, AT 4.9% 3509964 C 3509964 CREDIT CARD LIABILITIES 6226 PAYROLL TAX WITHHELD 3709 9935 X 3230762 0 3230762 0 3230762 2700262 0 2700262 0 2700262 PART X, LINE 2: AZTO HAS IMPLEMENTED ACCOUNTING GUIDANCE RELATED TO UNCERTAIN TAX POSITIONS. USING THAT GUIDANCE, TAX PROVISIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2024, AZTO HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AZTO WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 1 SCHOOL TUITION GRANTS AND SCHOLARSHIPS - K-12 PRIVATE SCHOOL STUDENTS 395 2396460 PART I, LINE 2: AWARDS ARE GRANTED TO SPECIFIC STUDENTS WHO MEET THE REQUIREMENTS FOR EACH SCHOLARSHIP TYPE AWARDED, NOT TO EXCEED THE COST OF TUITION. AWARDS ARE PAID TO THE PARTNERING SCHOOLS AT WHICH THE STUDENT ATTENDS. IF THE AWARDED STUDENT HAS WITHDRAWN, OR DOES NOT NEED THE FUNDING FOR THE SCHOOL YEAR AWARDED, THE SCHOOL RETURNS THE FUNDS TO THE ORGANIZATION. RETURNS ARE HELD FOR FUTURE SCHOOL YEAR AWARDS FOR THE STUDENT ORIGINALLY AWARDED OR THE FUNDS ARE AWARDED TO OTHER ELIGIBILE STUDENTS. IN DETERMINING AWARD AMOUNTS, FAMILY FINANCIAL NEED IS ALWAYS ONE OF THE CRITERIA CONSIDERED. LARA ROEHR EXECUTIVE DIRECTOR/SPOUSE OF BD PRESIDENT 4000 OFFICE RENT IS PAID TO THIS INDIVIDUAL. 0 MICHAEL TRUEBLOOD DIRECTOR 1603178 TUITION AWARDS ARE PAID TO THE SCHOOL WHERE THE ORGANIZATION'S BOARD MEMBER IS ALSO THE SCHOOL'S BOARD PRESIDENT. 0 FORM 990, PART VI, SECTION A, LINE 2 BRETT ROEHR, PRESIDENT, IS MARRIED TO THE EXECUTIVE DIRECTOR, LARA ROEHR. MIKE TRUEBLOOD IS PRESIDENT OF NORTHWEST CHRISTIAN SCHOOL, A SCHOOL WHOSE STUDENTS RECEIVED 67% OF SCHOLARSHIPS AND GRANTS MADE BY THE ORGANIZATION FOR FY24. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE ORGANIZATION'S BOARD BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE REVIEWED AND APPROVED AT THE ANNUAL BOARD MEETING EACH FEBRUARY. TO HELP ENSURE THAT THERE IS NO CONFLICT OF INTEREST, THE BOARD OF DIRECTOR'S DEPENDENTS ARE NOT ALLOWED TO RECEIVE AWARDS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES COMPARABILITY DATA AND WRITTEN DOCUMENTATION OF THE DECISION PROCESS ALONG WITH REVIEW AND APPROVAL OF INDEPENDENT PERSONS FOR ALL SALARIES OF TOP MANAGEMENT AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 IF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF THE ORGANIZATION ARE SUBJECT TO FEDERAL OR STATE PUBLIC DISCLOSURE RULES, THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE THEIR APPLICATION FOR RECOGNITION OF EXEMPTION AND ANNUAL INFORMATION RETURNS AVAILABLE UPON REQUEST WITHOUT CHARGE EXCEPT FOR A NOMINAL FEE FOR REPRODUCTION AND ACTUAL POSTAGE COSTS. ANNUAL INFORMATION RETURNS WILL BE AVAILABLE FOR THREE YEARS AFTER FILING.