Nonprofit · EIN 27-4662958
INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION
Tax-exempt · PHOENIX, AZ 85018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $577,076 | $922,290 | -$345,214 | $4,338,552 | $2,829,100 | $1,509,452 |
| June 30, 2024 | 990 | $504,812 | $513,940 | -$9,128 | $4,602,366 | $2,747,700 | $1,854,666 |
| June 30, 2023 | 990 | $696,049 | $916,537 | -$220,488 | $4,945,194 | $3,082,400 | $1,862,794 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $505,000
- Program service revenue
- $0
- Investment income
- $72,076
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $906,212
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,298
- Travel
- $182
- Program services (functional)
- $906,212
- Management and general (functional)
- $16,078
Balance sheet and other
- Total assets, start of year
- $4,602,366
- Total assets, end of year
- $4,338,552
- Total liabilities, end of year
- $2,829,100
- Net assets, end of year
- $1,509,452
- Net assets without donor restrictions
- $1,509,452
- Gross receipts
- $577,076
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2011
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROZ ABERO | SECRETARY/TREASURER Trustee or director, Officer | 3 | $0 | $191,873 | $18,668 |
| JENNIFER CHERILLA | PRESIDENT Trustee or director, Officer | 3 | $0 | $114,753 | $22,361 |
| WENDY KYSER | DIRECTOR Trustee or director | 3 | $0 | $77,123 | $7,082 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROZ ABERO | SECRETARY/TREASURER Trustee or director, Officer | 3 | $0 | $184,796 | $12,121 |
| JENNIFER CHERILLA | PRESIDENT Trustee or director, Officer | 3 | $0 | $105,054 | $21,407 |
| MARY BABBIT | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $101,921 | $13,958 |
| WENDY KYSER | DIRECTOR Trustee or director | 3 | $0 | $82,619 | $15,455 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROZ ABERO | SECRETARY/TREASURER Trustee or director, Officer | 3 | $0 | $192,820 | $13,630 |
| JENNIFER CHERILLA | PRESIDENT Trustee or director, Officer | 3 | $0 | $123,208 | $21,205 |
| MARY BABBIT | VICE PRESIDENT Trustee or director, Officer | 3 | $0 | $94,921 | $9,430 |
| WENDY KYSER | DIRECTOR Trustee or director | 3 | $0 | $72,600 | $4,898 |
Address and contacts
- Address (IRS master file)
- 3219 E CAMELBACK RD 288, PHOENIX, AZ 85018-2307
- In care of
- % MATTHEW BUCHANAN TELLER
- Principal officer (990 for 2024)
- JENNIFER CHERILLA, 3219 E CAMELBACK 288, PHOENIX, AZ 85018
- Signed the 990
- JENNIFER CHERILLA, PRESIDENT
- Phone
- (602) 381-4542
- Website
- WWW.ISCTF.ORG
- Return prepared by
- EIDE BAILLY LLP
Mission
TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO STUDENTS ATTENDING PRIVATE SCHOOLS IN ARIZONA.
Program accomplishments
- WE PROVIDED SCHOLARSHIPS AND GRANTS FOR PRIVATE SCHOOL TUITION TO 143 STUDENTS IN NEED WHO ARE ATTENDING PRIVATE SCHOOLS IN ARIZONA.Expenses $906,212 · grants $906,212
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4662958
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $4,338,552
- Income (IRS master file)
- $577,076
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $577,076 | $922,290 | $4,338,552 | IRS |
| 990 | June 2024 | $504,812 | $513,940 | $4,602,366 | XML |
| 990 | June 2023 | $696,049 | $916,537 | $4,945,194 | XML |
| 990 | June 2022 | $1,008,077 | $916,430 | $5,174,782 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4662958).
Questions about INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION
- What is the EIN of INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION?
- The employer identification number (EIN) of INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION is 27-4662958.
- Is INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION?
- The 990 for the year ended June 30, 2025 names JENNIFER CHERILLA.
- Who are the officers and directors of INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does INDEPENDENT SCHOOLS CORPORATE TAX FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $577,076, expenses of $922,290 and total assets of $4,338,552 at year end.
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