Skip to main content

Nonprofit · EIN 86-0958161

ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC

Tax-exempt · SCOTTSDALE, AZ 85260

Financials

$7.1M$5.7M2023$6.9M$6.2M2024
Revenue Expenses · by fiscal year end
Financials of ARIZONA PRIVATE EDUCATION SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,888,314$6,153,595$734,719$7,719,045$3,743$7,715,302
June 30, 2024990$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.

NameTitleHours / weekCompensationOther / benefits
RICHARD DOEEXECUTIVE DI
Officer
40$96,602$22,514
GRANT SARDACHUKCHAIR
Trustee or director, Officer
2$0$0
DR GARY DAMORESECRETARY
Trustee or director, Officer
2$0$0
STEPHEN MOTTETREASURER
Trustee or director, Officer
2$0$0
LISA PIPHERDIRECTOR
Trustee or director
0.5$0$0
DEREK BOHLENDIRECTOR
Trustee or director
0.5$0$0
SHANNON MITCHELLDIRECTOR
Trustee or director
2$0$0
TODD BAUGHMANDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
RICHARD DOEEXEC. DIRECTOR
Officer
40$84,750$24,655
PAUL COXDIRECTOR (END 3/2023)
Trustee or director
0.5$0$0
DEREK BOHLENDIRECTOR
Trustee or director
0.5$0$0
LISA MOERKERKE PIPHERDIRECTOR
Trustee or director
0.5$0$0
SHANNON MITCHELLDIRECTOR (BEGIN 5/2024)
Trustee or director
2$0$0
TODD BAUGHMANDIRECTOR (BEGIN 5/2024)
Trustee or director
2$0$0
STEPHEN MOTTETREASURER (BEGIN 2/2024)
Trustee or director, Officer
2$0$0
KEVIN ARMSTRONGTREASURER (END 4/2024)
Trustee or director, Officer
2$0$0
GARY DAMORESECRETARY
Trustee or director, Officer
2$0$0
GRANT SARDACHUKCHAIRMAN
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
Return prepared by
JDS PROFESSIONAL GROUP

Mission

TO OPERATE AS A QUALIFIED TUITION ORGANIZATION UNDER ARIZONA STATUTES RELATED TO PRIVATE SCHOOL TUITION TAX CREDITS.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,888,314$6,153,595$7,719,045XML
990June 2024$7,134,785$5,691,788$6,983,330XML
990June 2023$5,922,736$4,717,077$5,539,242IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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.

Other nonprofits in SCOTTSDALE

All nonprofits in SCOTTSDALE · Arizona · Education