Nonprofit · EIN 86-0958161
ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC
Tax-exempt · SCOTTSDALE, AZ 85260
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,888,314 | $6,153,595 | $734,719 | $7,719,045 | $3,743 | $7,715,302 |
| June 30, 2024 | 990 | $7,134,785 | $5,691,788 | $1,442,997 | $6,983,330 | $2,747 | $6,980,583 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,638,308
- Program service revenue
- $0
- Investment income
- $250,006
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,425,998
- Compensation of officers, directors and key employees
- $122,746
- Other salaries and wages
- $125,089
- Salaries, compensation and benefits (total)
- $266,352
- Professional fundraising fees
- $0
- Occupancy
- $41,749
- Travel
- $1,505
- Depreciation
- $39,274
- Program services (functional)
- $5,601,462
- Management and general (functional)
- $344,928
- Fundraising (functional)
- $207,205
Balance sheet and other
- Total assets, start of year
- $6,983,330
- Total assets, end of year
- $7,719,045
- Total liabilities, end of year
- $3,743
- Net assets, end of year
- $7,715,302
- Land, buildings and equipment
- $302,123
- Net assets without donor restrictions
- $7,715,302
- Gross receipts
- $6,888,314
- Employees
- 4
- Volunteers
- 7
- Year formed
- 1998
- 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 | Other / benefits |
|---|---|---|---|---|
| RICHARD DOE | EXECUTIVE DI Officer | 40 | $96,602 | $22,514 |
| GRANT SARDACHUK | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DR GARY DAMORE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| STEPHEN MOTTE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LISA PIPHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DEREK BOHLEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHANNON MITCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TODD BAUGHMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD DOE | EXEC. DIRECTOR Officer | 40 | $84,750 | $24,655 |
| PAUL COX | DIRECTOR (END 3/2023) Trustee or director | 0.5 | $0 | $0 |
| DEREK BOHLEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LISA MOERKERKE PIPHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHANNON MITCHELL | DIRECTOR (BEGIN 5/2024) Trustee or director | 2 | $0 | $0 |
| TODD BAUGHMAN | DIRECTOR (BEGIN 5/2024) Trustee or director | 2 | $0 | $0 |
| STEPHEN MOTTE | TREASURER (BEGIN 2/2024) Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN ARMSTRONG | TREASURER (END 4/2024) Trustee or director, Officer | 2 | $0 | $0 |
| GARY DAMORE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GRANT SARDACHUK | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 15900 N 78TH ST STE 210, SCOTTSDALE, AZ 85260-1215
- In care of
- % JOHN R POLITAN
- Principal officer (990 for 2024)
- GRANT SARDACHUK, 15900 NORTH 78TH STREET 210, SCOTTSDALE, AZ 85260
- Signed the 990
- STEPHEN MOTTE, TREASURER
- Phone
- (480) 699-8911
- Website
- WWW.APESF.ORG
- Return prepared by
- JDS PROFESSIONAL GROUP
Mission
TO OPERATE AS A QUALIFIED TUITION ORGANIZATION UNDER ARIZONA STATUTES RELATED TO PRIVATE SCHOOL TUITION TAX CREDITS.
Program accomplishments
- 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.Expenses $5,578,449 · grants $5,402,985
- 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.Expenses $14,844 · grants $14,844
- 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.Expenses $8,169 · grants $8,169
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
- 86-0958161
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $7,719,045
- Income (IRS master file)
- $6,888,314
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,888,314 | $6,153,595 | $7,719,045 | XML |
| 990 | June 2024 | $7,134,785 | $5,691,788 | $6,983,330 | XML |
| 990 | June 2023 | $5,922,736 | $4,717,077 | $5,539,242 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 86-0958161).
Questions about ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC
- What is the EIN of ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC is 86-0958161.
- Is ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC 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 ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC 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 ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC 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 ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC?
- The 990 for the year ended June 30, 2025 names GRANT SARDACHUK.
- Who are the officers and directors of ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $96,602 (RICHARD DOE, EXECUTIVE DI).
- How much revenue does ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,888,314, expenses of $6,153,595 and total assets of $7,719,045 at year end.
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