Civic Intelligence

Arizona Higher Education Loan Authority

990PF • Fiscal year 2023 • EIN 20-2001592

Jan 01, 2023 to Dec 31, 2023

Organization ProfileWWW.AHELA.ORG
Phoenix, AZ
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

62nd percentile

9.0%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

14%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$2,655,917

Up $218,735 (+9.0%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

Up

$1

Up $1 from 2022

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin23rd percentile

Revenue

Up

$95,967

Up $11,598 (+14%) from 2022

Expenses

Down

$106,040

Down $50,566 (-32%) from 2022

Net Income

Up

-$10,073

Up $62,164 (+86%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2011: $284,981,658Liabilities 2011: $279,412,889Net Assets 2011: $5,568,7692011Assets 2012: $264,228,854Liabilities 2012: $259,147,8172012Assets 2013: $7,275,653Liabilities 2013: $220,6162013Assets 2014: $6,436,915Liabilities 2014: $110,533Net Assets 2014: $6,326,3822014Assets 2015: $6,270,441Liabilities 2015: $8,045Net Assets 2015: $6,262,3962015Assets 2019: $3,701,381Liabilities 2019: $0Net Assets 2019: $3,701,3812019Assets 2020: $2,912,117Liabilities 2020: $0Net Assets 2020: $2,912,1172020Assets 2021: $2,768,092Liabilities 2021: $0Net Assets 2021: $2,768,0922021Assets 2022: $2,437,182Liabilities 2022: $0Net Assets 2022: $2,437,1822022Assets 2023: $2,655,917Liabilities 2023: $12023

Highlighted filing

2023

Assets$2,655,917
Liabilities$1
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $13,244,8292011Revenue 2012: $11,899,816Expenses 2012: $12,387,548Net Income 2012: -$487,7322012Revenue 2013: $13,136,359Expenses 2013: $10,948,638Net Income 2013: $2,187,7212013Revenue 2014: $159,086Expenses 2014: $891,920Net Income 2014: -$732,8342014Revenue 2015: $661,786Expenses 2015: $745,818Net Income 2015: -$84,0322015Revenue 2019: $334,856Expenses 2019: $1,818,012Net Income 2019: -$1,483,1562019Revenue 2020: $46,638Expenses 2020: $871,476Net Income 2020: -$824,8382020Revenue 2021: $88,365Expenses 2021: $467,195Net Income 2021: -$378,8302021Revenue 2022: $84,369Expenses 2022: $156,606Net Income 2022: -$72,2372022Revenue 2023: $95,967Expenses 2023: $106,040Net Income 2023: -$10,0732023

Highlighted filing

2023

Revenue$95,967
Expenses$106,040
Net Income-$10,073
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

The arizona higher education loan authority (ahela) is an arizona nonprofit corporation designated by the state of arizona. As a state authorized private nonprofit organization, ahela's mission is to provide low-cost education financing solutions for arizona students and their parents. Ahela is solely focused on increasing access to higher education through its loan programs and related services, as well as developing scholarships, high school outreach, and early awareness programs within the communities ahela serves.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFSummary only. Only limited summary data is available for this year.

Open filing
Assets
$2,655,917
Liabilities
$1
Net assets
-
Revenue
$95,967
Expenses
$106,040
Net income
-$10,073
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.66$0.00$0.10$0.11$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.00$2.44$0.08$0.16$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.09$0.47$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.00$2.91$0.05$0.87$0.82
2019Detailed filing. Detailed filing data is available for this year.$3.70$0.00$3.70$0.33$1.82$1.48
2015Detailed filing. Detailed filing data is available for this year.$6.27$0.01$6.26$0.66$0.75$0.08
2014Summary only. Only limited summary data is available for this year.$6.44$0.11$6.33$0.16$0.89$0.73
2013Summary only. Only limited summary data is available for this year.$7.28$0.22$13.1$10.9$2.19
2012Summary only. Only limited summary data is available for this year.$264$259$11.9$12.4$0.49
2011Detailed filing. Detailed filing data is available for this year.$285$279$5.57$13.2