Nonprofit · EIN 81-5435928
PRIVATE SCHOOL TUITION FUND 123
Tax-exempt · PHOENIX, AZ 85022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $382,349 | $256,188 | $126,161 | $479,386 | $40,176 | $439,210 |
| June 30, 2024 | 990-EZ | $101,904 | $206,853 | -$104,949 | $313,049 | – | $313,049 |
| June 30, 2023 | 990 | $214,992 | $545,789 | -$330,797 | $417,998 | $0 | $417,998 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $382,332
- Program service revenue
- $0
- Investment income
- $17
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $207,536
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $15,951
- Travel
- $2,500
- Depreciation
- $950
- Program services (functional)
- $219,027
- Management and general (functional)
- $25,670
- Fundraising (functional)
- $11,491
Balance sheet and other
- Total assets, start of year
- $313,049
- Total assets, end of year
- $479,386
- Total liabilities, end of year
- $40,176
- Net assets, end of year
- $439,210
- Land, buildings and equipment
- $8,550
- Net assets without donor restrictions
- $4,872
- Net assets with donor restrictions
- $434,338
- Gross receipts
- $382,349
- Employees
- 0
- Year formed
- 2016
- 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 |
|---|---|---|---|
| TIFFANY SEIDEMANN | President & CEO Trustee or director, Officer | 20 | $11,300 |
| LEAH KELLEY | Director Trustee or director | 2 | $0 |
| RENA GARCIA | Director Trustee or director | 2 | $0 |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY SEIDEMANN | President & CEO | 20 | $33,400 |
| LEAH KELLEY | Director | 2 | $0 |
| RENA GARCIA | Director | 2 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY SEIDEMANN | President & CEO Trustee or director, Officer | 20 | $27,500 |
| LEAH KELLEY | Director Trustee or director | 2 | $0 |
| RENA GARCIA | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 428 E THUNDERBIRD ROAD 130, PHOENIX, AZ 85022-5229
- In care of
- % PRIVATE SCHOOL TUITION FUND 123
- Principal officer (990 for 2024)
- TIFFANY SEIDEMANN, 428 E THUNDERBIRD ROAD 130, PHOENIX, AZ 85022
- Signed the 990
- TIFFANY SEIDEMANN, President & CEO
- Phone
- (602) 466-8503
- Website
- www.pstf123.org
- Return prepared by
- HAYNIE & COMPANY
Mission
Private School Tuition Fund 123 is a school tuition organization as defined in Arizona Revised Statute 43-1089, and as such, must allocate at least 90 percent of its qualifying annual revenue for educational scholarships or tuition grants. The Organization strives to ensure affordable private school education for all students.
Program accomplishments
- Private School Tuition Fund 123 awards scholarships to students to help for tuition at approved private schools in accordance with the individual and corporate tax credit programs in the State of Arizona based on the applicants financial needs and the funds available for distributions. For the twelve month period ended June 30, 2024, Private School Tuition Funds 123 provided 43 scholarships to 11 private schools.Expenses $219,027 · grants $202,536
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-EZ on file |
IRS record
- EIN
- 81-5435928
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $479,386
- Income (IRS master file)
- $382,349
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $382,349 | $256,188 | $479,386 | XML |
| 990-EZ | June 2024 | $101,904 | $206,853 | $313,049 | XML |
| 990 | June 2023 | $214,992 | $545,789 | $417,998 | XML |
| 990 | June 2022 | $855,058 | $378,372 | $748,795 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 81-5435928).
Questions about PRIVATE SCHOOL TUITION FUND 123
- What is the EIN of PRIVATE SCHOOL TUITION FUND 123?
- The employer identification number (EIN) of PRIVATE SCHOOL TUITION FUND 123 is 81-5435928.
- Is PRIVATE SCHOOL TUITION FUND 123 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PRIVATE SCHOOL TUITION FUND 123 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRIVATE SCHOOL TUITION FUND 123 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 PRIVATE SCHOOL TUITION FUND 123 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 PRIVATE SCHOOL TUITION FUND 123 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 PRIVATE SCHOOL TUITION FUND 123?
- The 990 for the year ended June 30, 2025 names TIFFANY SEIDEMANN.
- Who are the officers and directors of PRIVATE SCHOOL TUITION FUND 123?
- The 990 for the year ended June 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $11,300 (TIFFANY SEIDEMANN, President & CEO).
- How much revenue does PRIVATE SCHOOL TUITION FUND 123 have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $382,349, expenses of $256,188 and total assets of $479,386 at year end.
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