2024-05-13T10:25:34-00:00 2023-06-30 822851604 SECHLER MORGAN CPAS PLLC 2418 W BARROW DRIVE CHANDLER AZ 85224 990 2022-07-01 464341333 ACADEMIC OPPORTUNITY OF ARIZONA ACAD 4803786650 PO BOX 26359 PHOENIX AZ 85068 CHAD E BAYS CEO TREASURER 4803786650 2024-05-11 true CHAD BAYS 999009999 KRISTINA MORGAN CPA P01370742 6022302700 2024-04-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHAD E BAYS PO BOX 26359 PHOENIX AZ 85068 4418614 false X ACADEMICOPPORTUNITY.ORG X 2013 AZ SPECIALIZE IN PROVIDING SCHOLARSHIPS SUPPORT FOR K-12TH GRADE CHILDREN LIVING WITH DISABILITIES LOW-INCOME HARDSHIPS. OUR 360 DEGREE APPROACH PROVIDES OPPORTUNITIES EXPERIENCES BOTH INSIDE OUT OF THE CLASSROOM. 4 3 4 3 0 3938501 4333760 0 46000 84854 0 3984501 4418614 1788283 4203127 0 219313 323226 73875 73875 130590 81206 121257 2162677 4721485 1821824 -302871 4815876 4822166 1975 3555 4813901 4818611 ACADEMIC OPPORTUNITY OF ARIZONA IS A SCHOOL TUITION ORGANIZATION. AS A LOCAL 501C3 NON-PROFIT, WE PROVIDE SCHOLARSHIPS AND SUPPORT FOR K-12TH GRADE CHILDREN LIVING WITH DISABILITIES AND LOW-INCOME HARDSHIPS. OUR 360 DEGREE APPROACH PROVIDES OPPORTUNITIES AND EXPERIENCES BOTH INSIDE AND OUT OF THE CLASSROOM. false false 4387468 4203127 WERE PROUD TO SHARE THAT WEVE HAD ANOTHER RECORD YEAR AT AOA. WE RAISED MORE THAN 4.3 MILLION DOLLARS ALLOWING US TO PROVIDE LIFE CHANGING SUPPORT FOR OVER 600 STUDENTS LIVING WITH DEVELOPMENTAL DISABILITIES AND LOW-INCOME HARDSHIPS THROUGHOUT ARIZONA. 4387468 true true false false false false false false false true true false false false true false true false false false false false false true false false false true true false false false false false false false false true false false false false false false false false false true 0 0 4 true false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true false false X CHAD E BAYS 4803786650 PO BOX 26359 PHOENIX AZ 85068 CHAD E BAYS CEO/TREASURER 040.00 X X 112025 0 16860 ROBERT J SMITH PRESIDENT 002.00 X X 0 0 0 TERESA STRUNK SECRETARY 002.00 X X 0 0 0 KRISTINA CELIK DIRECTOR 002.00 X 0 0 0 112025 16860 1 false false false 4333760 4333760 84854 84854 4418614 84854 26067 26067 4177060 4177060 0 0 129060 25812 96795 6453 0 164615 115843 45060 3712 8804 4402 4402 0 20747 10493 9563 691 0 4831 4831 17493 17493 0 73875 73875 64 64 11100 11100 25232 25232 19945 6378 6932 6635 20214 10163 2918 7133 0 3457 3457 112 112 0 15654 6886 2093 6675 0 0 1100 795 121 184 2055 2055 0 4721485 4387468 203427 130590 2766594 282246 2046000 4537739 5502 3321 3282 2181 4815876 4822166 1975 3555 1975 3555 X 263540 243767 4550361 4574844 4813901 4818611 4815876 4822166 X -302871 307581 X false true X false false X 533697 1692458 3545468 3938501 4333760 14043884 533697 1692458 3545468 3938501 4333760 14043884 11489864 2554020 14456 46000 84854 145310 14189194 0.18000 0.19070 X Part II Section C Line 17a THE SIGNIFICANT MAJORITY OF THE ORGANIZATIONS FUNDING IS DERIVED THROUGH CONTRIBUTIONS MADE UNDER TAX CREDIT PROGRAMS MONITORED AND AUTHORIZED DIRECTLY BY THE STATE OF ARIZONA WHO SETS THE SIZE OF FUNDING POOLS AND ENSURES THAT CONTRIBUTIONS TO ALL SCHOOL TUITION ORGANIZATIONS IN THE STATE DO NOT EXCEED THESE LIMITS IN THE AGGREGATE. Part II Section C Line 17a ONE OF THE MAJOR CONCERNS THAT THE PUBLIC SUPPORT TEST LOOKS TO ADDRESS IS ENSURING A SMALL POOL OF DISQUALIFIED PERSONS CANNOT EXERT UNDUE INFLUENCE OR CONTROL OVER THE ORGANIZATIONS GRANT MAKING PROCESS. WHILE THE ORGANIZATION HAS SEVERAL LARGE CORPORATE DONORS UNDER THIS PROGRAM, WE ARE ACTIVELY PURSUING MORE INDIVIDUAL AND SMALL CORPORATE DONATIONS WHICH, OVER TIME, SHOULD INCREASE OUR PUBLIC SUPPORT THRESHOLD. IN ADDITION, AND MORE IMPORTANTLY AS IT COMES TO PUBLIC SUPPORT, Part II Section C Line 17a IT IS A FIRM ORGANIZATION POLICY, THAT WE WILL NOT AND DO NOT, ACCEPT CORPORATE OR BUSINESS DONOR RECOMMENDATIONS ON WHO OR HOW TO REWARD, RESTRICT, OR RESERVE SCHOLARSHIPS IN FACT, WE WILL NOT ACCEPT CONTRIBUTIONS FROM ORGANIZATIONS THAT SEEK TO HAVE INPUT ON OUR SCHOLARSHIP SELECTION PROCESS OR RECIPIENTS. ALL OF OUR SCHOLARSHIPS ARE AWARDED ON A FIRST COME, FIRST SERVED BASIS AS LONG AS THE FAMILY MEETS THE PREREQUISITES SET FORTH BY THE STATE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4550361 4329501 3869480 2588 432950 4574844 2721928 3936593 1713343 2070 392747 4550361 1243005 3546057 1703609 363525 2721928 298005 1675113 558700 171413 1243005 704595 531484 881073 57001 298005 1.00000 false false 5502 3321 2181 2181 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Credit card payable 1685 SEP IRA payable 1870 3555 4418614 4418614 4418614 4413905 4413905 307580 307580 4721485 V 4 A MINIMUM OF 90 OF SCHOOL TUITION ORGANIZATION DONATIONS ARE REQUIRED TO BE PAID OUT IN SCHOLARSHIPS. THE AMOUNT OF RESTRICTED FUNDS AT THE END OF THE YEAR REFLECTS THE TOTAL COLLECTED TO BE PAID OUT IN THE NEXT FISCAL YEARS. XII 4b THE ORGANIZATION RECEIVED REFUNDS OF UNUSED GRANT FUNDS FROM PRIOR FISCAL YEARS. THE AUDITOR REDUCED THE CURRENT FISCAL YEAR GRANT EXPENSE BY THESE REFUNDED AMOUNTS. IN ORDER TO CAPTURE THE FULL AMOUNT OF GRANTS MADE IN THE FISCAL YEAR, THESE REFUNDED AMOUNTS ARE REMOVED FROM THE EXPENSE AND TREATED AS A RECONCILING ITEM ON THE RETURN ON PART XI, LINE 9. THE TOTAL FOR THIS IS 307,581. SEE EXPLANATION ON SCH O. IN ADDITION, THERE IS A 1 ROUNDING ADJUSTMENT. X X X X true Desertsun Fundraising LLC 15136 N 100thPlace Scottsdale AZ 85260 Grant work false 500000 73875 426125 500000 73875 426125 AZ true Special Olympics of Arizona 2455 N Citrus Rd Bldg 64 Goodyear AZ 85395 860307564 501c3 19500 Unified Sports Program AOA 360 Others under reporting threshold 501c3 6567 5 Scholarships 639 4177060 Part I Line 1 WE WILL NOT, AND DO NOT, AWARD, RESTRICT, OR RESERVE SCHOLARSHIPS SOLELY ON THE BASIS OF A CORPORATE DONORS RECOMMENDATION. A TAXPAYER MAY NOT CLAIM A TAX CREDIT IF THE TAXPAYER AGREES TO SWAP DONATIONS WITH ANOTHER TAXPAYER TO BENEFIT EITHER TAXPAYERS OWN DEPENDENT. Part I Line 2 ACADEMIC OPPORTUNITY OF ARIZONA AOA AWARDS SCHOLARSHIPS ON A FIRST COME FIRST SERVED BASIS AS LONG AS THE CHILD/FAMILY MEETS THE FOLLOWING REQUIREMENTSSTUDENT ATTENDED AN ARIZONA PUBLIC SCHOOL AS A FULL-TIME STUDENT FOR AT LEAST 90 DAYS OF THE PRIOR FISCAL YEAR OR ONE FULL SEMESTER AND THEN TRANSFERRED FROM THE PUBLIC SCHOOL TO A PRIVATE SCHOOLORIS ENROLLING IN A PRIVATE SCHOOL KINDERGARTENORIS ENROLLING IN A PRIVATE PRESCHOOL PROGRAM FOR STUDENTS WITH DISABILITIESORIS A DEPENDENT OF A MEMBER OF THE ARMED FORCES OF THE UNITED STATES WHO IS STATIONED IN ARIZONA PURSUANT TO MILITARY ORDERSORRECEIVED FOR ANY YEAR A SCHOLARSHIP UNDER ONE OF THE ABOVE CRITERIA OR FROM THEORIGINAL INDIVIDUAL PROGRAMOR THESWITCHER INDIVIDUAL DONATION PROGRAMIF THE CHILD CONTINUED TO ATTEND A PRIVATE SCHOOL IN SUBSEQUENT YEARS. Part III Line 1 BOTH THE SCHOOL AND PARENTS SIGN A FINANCIAL AGREEMENT ENSURING THAT ALL FUNDS ARE ALLOCATED TO TUITION ONLY. WE SUBMIT TUITION PAYMENT DIRECTLY TO THE SCHOOLS IN COMPLIANCE WITH OUR AID AGREEMENT. Desertsun Fundraising LLC Owned by CEO 73875 Professional Fundraising Services false Part IV Line 1 DESERTSUN FUNDRAISING LLC IS A FUNDRAISING COMPANY DESIGNED TO EXPLORE EXPANDING SOLICITATION AND GROWTH INITIAVES FOR AOA. THE BOARD TAKES INTO CONSIDERATION THE COMBINED TOTAL OF THE SALARY FOR THE CEO WITHIN THE ORGANIZATION AND THE FUNDS PAID TO DESERTSUN FUNDRAISING LLC TO ENSURE THE TOTAL IS NO MORE THAN THE APPROVED AMOUNT OF COMPENSATION THE CEO IS ELIGIBLE FOR WITHIN THE GUIDANCE AND COMPARASION OF SIMILIAR ORGANIZATIONS AS AN EMPLOYEE/OFFICER. Form 990, Part VI, Section B, Line 11b THE TREASURER OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED. Form 990, Part VI, Section B, Line 12c AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS. Form 990, Part VI, Section B, Line 15 THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. THE BOARD MAY RELY UPON SALARY STUDIES, AS WELL AS DATA REGARDING COMPENSATION PAID BY PEER ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE REASONABLE COMPENSATION. THE TERMS OF SUCH COMPENSATION AND INFORMATION RELIED UPON SHALL BE RECORDED IN WRITING. AN INDIVIDUAL WHO IS A MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES, IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION. Form 990, Part VI, Section B, Line 19 THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICIES WHEN REQUESTED IN WRITING OR IN PERSON. Form 990, Part XI, Line 9 THE RETURN OF UNUSED SCHOLARSHIP FUNDS PAID OUT IN A PRIOR YEAR AND ARE REMOVED FROM THE RETURN TO REFLECT THE FULL AMOUNTS AWARDED IN THE FISCAL YEAR OF THE RETURN THESE RETURNED GRANT FUNDS WILL BE REGRANTED.