Civic Intelligence

Arizona Business & Education Coalition

EIN 04-3647149 • 501(c)3 • Tempe, AZ

Pub. 78 Eligible

Profile

Sustaining collaboration between business and education leaders, with linkages to pre-kindergarten and higher education, focused to increasing measurable outcomes for every student, by serving as a non-partisan forum to educate others, build political will toward the improvement and investment in k-12 as an element of a superior public education system and economic future for arizona.

1438 W Broadway Rd Ste 101Tempe, AZ 85282

www.azbec.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

10th percentile

-92%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$141,150

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

17th percentile

-63%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

16th percentile

-55%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$275,204

Down $465,994 (-63%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$275,204

Down $465,994 (-63%) from 2024

Revenue

Down

$451,369

Down $550,941 (-55%) from 2024

Expenses

Down

$864,546

Down $190,262 (-18%) from 2024

Net Income

Down

-$413,177

Down $360,679 (-687%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $260,223Liabilities 2011: $0Net Assets 2011: $260,2232011Assets 2012: $209,372Liabilities 2012: $0Net Assets 2012: $209,3722012Assets 2013: $195,947Liabilities 2013: $0Net Assets 2013: $195,9472013Assets 2014: $166,910Liabilities 2014: $0Net Assets 2014: $166,9102014Assets 2015: $175,536Liabilities 2015: $0Net Assets 2015: $175,5362015Assets 2016: $146,786Liabilities 2016: $0Net Assets 2016: $146,7862016Assets 2017: $107,786Liabilities 2017: $0Net Assets 2017: $107,7862017Assets 2018: $100,085Liabilities 2018: $0Net Assets 2018: $100,0852018Assets 2019: $172,412Liabilities 2019: $0Net Assets 2019: $172,4122019Assets 2020: $55,241Liabilities 2020: $0Net Assets 2020: $55,2412020Assets 2021: $125,564Liabilities 2021: $0Net Assets 2021: $125,5642021Assets 2022: $652,764Liabilities 2022: $0Net Assets 2022: $652,7642022Assets 2023: $827,558Liabilities 2023: $0Net Assets 2023: $827,5582023Assets 2024: $741,198Liabilities 2024: $0Net Assets 2024: $741,1982024Assets 2025: $275,204Liabilities 2025: $0Net Assets 2025: $275,2042025

Highlighted filing

2025

Assets$275,204
Liabilities$0
Net Assets$275,204

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $318,9082011Expenses 2012: $329,0332012Revenue 2013: $328,020Expenses 2013: $341,445Net Income 2013: -$13,4252013Revenue 2014: $352,826Expenses 2014: $381,863Net Income 2014: -$29,0372014Revenue 2015: $342,625Expenses 2015: $333,999Net Income 2015: $8,6262015Revenue 2016: $290,764Expenses 2016: $319,514Net Income 2016: -$28,7502016Revenue 2017: $300,137Expenses 2017: $339,189Net Income 2017: -$39,0522017Revenue 2018: $317,156Expenses 2018: $323,478Net Income 2018: -$6,3222018Revenue 2019: $435,876Expenses 2019: $364,931Net Income 2019: $70,9452019Revenue 2020: $387,971Expenses 2020: $503,777Net Income 2020: -$115,8062020Revenue 2021: $565,224Expenses 2021: $544,429Net Income 2021: $20,7952021Revenue 2022: $1,264,151Expenses 2022: $736,808Net Income 2022: $527,3432022Revenue 2023: $903,929Expenses 2023: $729,135Net Income 2023: $174,7942023Revenue 2024: $1,002,310Expenses 2024: $1,054,808Net Income 2024: -$52,4982024Revenue 2025: $451,369Expenses 2025: $864,546Net Income 2025: -$413,1772025

Highlighted filing

2025

Revenue$451,369
Expenses$864,546
Net Income-$413,177

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.45$0.86$0.41
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.00$1.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.90$0.73$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.26$0.74$0.53
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.57$0.54$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.39$0.50$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.44$0.36$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.32$0.32$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.30$0.34$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.29$0.32$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.34$0.33$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.35$0.38$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.33$0.34$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 23, 2026
Return Version
2024v5.0
Gross Receipts
$461,437
Mission and Program Overview

Mission

Sustaining collaboration between business and education leaders, with linkages to pre-kindergarten and higher education, focused to increasing measurable outcomes for every student, by serving as a non-partisan forum to educate others, build political will toward the improvement and investment in k-12 as an element of a superior public education system and economic future for arizona.

Sustaining collaboration between business and education leaders focusing on improve k-12 education policy, with linkages to pre-kindergarten and higher education, by serving as a non-partisan forum to educate others, build political will toward the improvement and investment in k-12 as an element of a superior public education system and economic future for arizona.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$741,198$275,204▼ $465,994
Total Assets$741,198$275,204▼ $465,994
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$741,198$275,204▼ $465,994
Total Net Assets Fund Balance$741,198$275,204▼ $465,994
Total Liabilities and Net Assets / Fund Balance$741,198$275,204▼ $465,994
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracey BensonPresident/ceFT$130,150$11,000$141,150

Highest Paid Contractors

ContractorServicesLocationCompensation
Raeder ConsultingConsultant5810 W GELDING, Glendale, AZ 85306$171,454
Revenue and Support

Revenue Composition

Contributions and Grants
$345,093
Program Service Revenue
$84,479
Investment Income
$0
Other Revenue
$21,797
All Other Contributions
$173,828
Change in Net Assets
$-413,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,627
Salaries, Compensation, and Employee Benefits$184,919
Total Fundraising Expense$15,431
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$588,612$11,550-$600,162
Current Officers, Directors, Trustees, and Key Employees$114,620$14,328$14,328$143,276
Office Expenses$50,449$785-$51,234
Other Salaries and Wages$4,264$24,163-$28,427
Payroll Taxes$9,150$2,963$1,103$13,216
Occupancy$6,871--$6,871
Travel$5,258--$5,258
Insurance$792$4,030-$4,822
Advertising$4,611--$4,611
Conferences and Meetings$4,152--$4,152
Fees for Services Accounting-$2,517-$2,517
Total Functional Expenses$788,779$60,336$15,431$864,546
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,865
Fundraising Direct Expenses$10,068
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$31,865$31,865$1,209$30,656
Total Events$31,865$31,865$10,068$21,797
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Individuals and organizations may become members by submitting an application and the required dues.

Form 990, Page 6, Part VI, Line 7A

Members annually elect members of the board of directors.

Form 990, Page 6, Part VI, Line 7B

Governance decisions are made by the president & ceo with oversight and direction as provided by the executive committee and board of directors.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the staff, the president and the ceo, with final review by board chair prior to submission.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest forms are reviewed and filed. Questions or concerns are discussed by the president and ceo and officers.

Form 990, Page 6, Part VI, Line 15A

The board approves the annual budget which includes the salaries and pay raises for employees. The percentage increase for salary adjustments are disclosed at the time the budget is approved.

Form 990, Page 6, Part VI, Line 15B

Annual review of the president and ceo is made by the officers, and compensation increase, if any, is made in accordance with regional practices and must be approved by the board of directors. Annual review of the staff is made by the president and ceo, and compensation increase, if any, is made in accordance with regional practices and must be approved by the board of directors.

Form 990, Page 6, Part VI, Line 18

Part v, line 2a - abec and paychex oasis employer solutions group are co- employers of abec staff.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available for the public upon request.

Filing and Contact Details

Filer

Filer Name
Arizona Business & Education
EIN
04-3647149
Phone
6022648396
Address
1438 W BROADWAY RD STE 101, TEMPE, AZ 85282

Signing Officer

Name
Vispi Karanjia
Title
Chairman
Phone
6022648396
Signed
2026-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vispi Karanjia
Formed
2002
Legal Domicile
Az
Voting Board Members
26
Independent Board Members
26
Employees
2

Preparer

Firm
Aspire Business Consultants
Address
17505 N 79TH AVE STE 405, GLENDALE, AZ 85308
Preparer
Heather Jones
Phone
6028812483
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Sustaining collaboration between business and education leaders, with linkages to pre-kindergarten and higher education, focused to increasing measurable outcomes for every student, by serving as a non-partisan forum to educate others, build political will toward the improvement and investment in k-12 as an element of a superior public education system and economic future for arizona.

Form 990, Part IX, Line 11G

Purchased services/contractor 588,612 11,550 0

Form 990, Part XI, Line 9

Correction to the grant expenses

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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