Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
990 • Fiscal year 2012 • EIN 27-2559468
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$2,587,991
Up $214,388 (+9.0%) from 2011
Net Assets
Down-$56,855
Down $671,814 (-109%) from 2011
Liabilities
Up$2,644,846
Up $886,202 (+50%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$2,450,411
Up $664,019 (+37%) from 2011
Net Income
-
No earlier filing loaded for comparison.
The aaa scholarship foundation, inc. ("aaa") is a georgia not-for-profit organization incorporated march 26, 2010 with the mission of ensuring economically-disadvantaged families have equal access to the customized learning options they need to effectively educate their children. In may 2014, our mission was expanded to include families of children with disabilities. During the 2018-19 fiscal year, aaa was an approved scholarship organization (so) in georgia, arizona, florida, and nevada. As an so, aaa may receive re-directed state taxes from individual and corporate taxpayers. These re-directed funds are then distributed to eligible students in the form of scholarships (up to grade 12) so they may access the educational environments that best fit their learning needs. Aaa understands that families fighting generational poverty see education as the surest means to upward mobility. Aaa scholarships help support the individual efforts of these families by removing many of the financial b
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 6388 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 5708 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | THE AAA SCHOLARSHIP FOUNDATION, INC. ("AAA") IS A GEORGIA NOT-FOR-PROFIT ORGANIZATION INCORPORATED MARCH 26, 2010 WITH THE MISSION OF ENSURING ECONOMICALLY DISADVANTAGED FAMILIES HAVE EQUAL ACCESS TO THE CUSTOMIZED PRE-K4 - 12TH GRADE LEARNING OPTIONS THEY NEED TO EFFECTIVELY EDUCATE THEIR CHILDREN. AAA BELIEVES THAT EDUCATIONAL OPTION PROGRAMS SPUR IMPROVEMENTS BY EQUIPPING ALL OF GEORGIA'S PARENTS WITH THE TOOLS TO SEEK THE BEST EDUCATION FOR THEIR CHILDREN. AAA'S PRIMARY FOCUS IS IN PROVIDING LEARNING OPTIONS FOR CHILDREN FROM LOW-INCOME AND WORKING CLASS FAMILIES. AAA IS APPROVED BY THE GEORGIA DEPARTMENT OF EDUCATION AS A STUDENT SCHOLARSHIP ORGANIZATION (SSO) UNDER THE GEORGIA PRIVATE SCHOOL TAX CREDIT SCHOLARSHIP PROGRAM. UNDER THE LAW, AN SSO RECEIVES TAX-CREDITED CONTRIBUTIONS AND DISTRIBUTES THE MONEY IN THE FORM OF SCHOLARSHIPS. CORPORATIONS CAN REDIRECT UP TO 75% OF THEIR STATE OF GEORGIA INCOME TAX LIABILITY TO THE SCHOLARSHIPS. SSOS ARE ALLOWED TO USE UP TO 10 % OF THE CO |
| IRS990/ActivityOther/Description | 0 | WAGES AND OFFICE EXPENSES |
| IRS990/ActivityOther/Expense | 0 | 79797 |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | PO BOX 3579 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | FORT STEWART |
| IRS990/AddressPrincipalOfficerUS/State | 0 | GA |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 31315 |
| IRS990/Advertising/Fundraising | 0 | 19 |
| IRS990/Advertising/ProgramServices | 0 | 2625 |
| IRS990/Advertising/Total | 0 | 2644 |
| IRS990/AllOtherContributions | 0 | 1775765 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 2358603 |
| IRS990/CashNonInterestBearing/EOY | 0 | 2447885 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Fundraising | 0 | 11538 |
| IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral | 0 | 40654 |
| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 52192 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 104384 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 1775765 |
| IRS990/ContributionsGrantsPriorYear | 0 | 2400387 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | BECAUSE OF OUR WONDERFUL DONORS, WE HAD THE PRIVILEGE OF GRANTING PRE-K4 - 12TH GRADE SCHOLARSHIPS TO 156 ECONOMICALLY-DISADVANTAGED STUDENTS IN GEORGIA SO THAT THEIR PARENTS COULD SELECT THE BEST EDUCATIONAL OPTIONS FOR THEIR LEARNING NEEDS. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | true |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/EmploymentTaxReturnsFiled | 0 | true |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/Expense | 0 | 2277787 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 8837 |
| IRS990/FeesForServicesAccounting/ProgramServices | 0 | 19 |
| IRS990/FeesForServicesAccounting/Total | 0 | 8856 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 380 |
| IRS990/FeesForServicesLegal/Total | 0 | 380 |
| IRS990/FeesForServicesOther/ProgramServices | 0 | 10063 |
| IRS990/FeesForServicesOther/Total | 0 | 10063 |
| IRS990/FinancialStatementConsolidated | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form1098CFiled | 0 | false |
| IRS990/Form8282PropertyDisposedOf | 0 | false |
| IRS990/Form8899Filed | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 0.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 0.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 0.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 40.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | JAMES MORAN |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | DWIGHT GLISSON |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | THERESA L'HOMME |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | KIMBERLY DYSON CPA |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | HEATHER BRAULT |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 52192 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 52192 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionA/Title | 3 | CHIEF EXEC O |
| IRS990/Form990PartVIISectionA/Title | 4 | CHIEF OPER O |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | true |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/FundsToPayPremiums | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/Grants | 0 | 2277787 |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 2277787 |
| IRS990/GrantsAndSimilarAmntsPriorYear | 0 | 1755756 |
| IRS990/GrantsPayable/BOY | 0 | 1752256 |
| IRS990/GrantsPayable/EOY | 0 | 2639138 |
| IRS990/GrantsToDomesticIndividuals/ProgramServices | 0 | 2277787 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 2277787 |
| IRS990/GrantsToIndividuals | 0 | true |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 1778597 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | true |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/Fundraising | 0 | 94 |
| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 31 |
| IRS990/InformationTechnology/ProgramServices | 0 | 30 |
| IRS990/InformationTechnology/Total | 0 | 155 |
| IRS990/Interest/ManagementAndGeneral | 0 | 25 |
| IRS990/Interest/Total | 0 | 25 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 2832 |
| IRS990/InvestmentIncome/ExclusionAmount | 0 | 2832 |
| IRS990/InvestmentIncomePriorYear | 0 | 1379 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 2832 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | THE AAA SCHOLARSHIP FOUNDATION, INC. ("AAA") IS A GEORGIA NOT-FOR-PROFIT ORGANIZATION INCORPORATED MARCH 26, 2010 WITH THE MISSION OF ENSURING ECONOMICALLY DISADVANTAGED FAMILIES HAVE EQUAL ACCESS TO THE CUSTOMIZED PRE-K4 - 12TH GRADE LEARNING OPTIONS THEY NEED TO EFFECTIVELY EDUCATE THEIR CHILDREN. AAA BELIEVES THAT EDUCATIONAL OPTION PROGRAMS SPUR IMPROVEMENTS BY EQUIPPING ALL OF GEORGIA'S PARENTS WITH THE TOOLS TO SEEK THE BEST EDUCATION FOR THEIR CHILDREN. AAA'S PRIMARY FOCUS IS IN PROVIDING LEARNING OPTIONS FOR CHILDREN FROM LOW-INCOME AND WORKING CLASS FAMILIES. AAA IS APPROVED BY THE GEORGIA DEPARTMENT OF EDUCATION AS A STUDENT SCHOLARSHIP ORGANIZATION (SSO) UNDER THE GEORGIA PRIVATE SCHOOL TAX CREDIT SCHOLARSHIP PROGRAM. UNDER THE LAW, AN SSO RECEIVES TAX-CREDITED CONTRIBUTIONS AND DISTRIBUTES THE MONEY IN THE FORM OF SCHOLARSHIPS. CORPORATIONS CAN REDIRECT UP TO 75% OF THEIR STATE OF GEORGIA INCOME TAX LIABILITY TO THE SCHOLARSHIPS. SSOS ARE ALLOWED TO USE UP TO 10 % OF THE CO |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerPerson | 0 | KIMBERLY DYSON CPA |
| IRS990/NbrIndependentVotingMembers | 0 | 3 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 3 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 3 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 614959 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | -56855 |
| IRS990/NoncashContributions | 0 | 765 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 1 |
| IRS990/NumberIndependentVotingMembers | 0 | 3 |
| IRS990/NumberOfEmployees | 0 | 3 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 6000 |
| IRS990/Occupancy/Total | 0 | 6000 |
| IRS990/OfficeExpenses/Fundraising | 0 | 64 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 2153 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 1630 |
| IRS990/OfficeExpenses/Total | 0 | 3847 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherExpensePriorYear | 0 | 4136 |
| IRS990/OtherExpensesCurrentYear | 0 | 41373 |
| IRS990/OtherRevenueCurrentYear | 0 | 0 |
| IRS990/OtherSalariesAndWages/ManagementAndGeneral | 0 | 17539 |
| IRS990/OtherSalariesAndWages/Total | 0 | 17539 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/Fundraising | 0 | 883 |
| IRS990/PayrollTaxes/ManagementAndGeneral | 0 | 4452 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 3993 |
| IRS990/PayrollTaxes/Total | 0 | 9328 |
| IRS990/PledgesAndGrantsReceivable/EOY | 0 | 125000 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 16 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenueCY | 0 | 0 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
| IRS990/ReconcilationRevenueExpenses | 0 | -671814 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | true |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | false |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RevenuesLessExpensesCY | 0 | -671814 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 615374 |
| IRS990/SalariesEtcCurrentYear | 0 | 131251 |
| IRS990/SalariesEtcPriorYear | 0 | 26500 |
| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 15000 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 15090 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear | 0 | 1775000 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year | 0 | 2400387 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years | 0 | 850 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 4176237 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear | 0 | 2832 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year | 0 | 1379 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 4211 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.99900 |
| IRS990ScheduleA/PublicSupportPertcentPriorYear | 0 | 0.99940 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 4176237 |
| IRS990ScheduleA/ThirtyThreePercntTestsCY170 | 0 | X |
| IRS990ScheduleA/Total170/CurrentTaxYear | 0 | 1775000 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year | 0 | 2400387 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years | 0 | 850 |
| IRS990ScheduleA/Total170/Total | 0 | 4176237 |
| IRS990ScheduleA/TotalSupport | 0 | 4180448 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | true |
| IRS990ScheduleD/AgentTrusteeEtc | 0 | false |
| IRS990ScheduleD/AreRelatedOrgsListedScheduleR | 0 | false |
| IRS990ScheduleD/DisclosedForCharitablePurposes | 0 | false |
| IRS990ScheduleD/DisclosedOrgsLegalControl | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByRelatedOrgs | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs | 0 | false |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -671814 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -671814 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 2450411 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | IN 2006, THE FASB ISSUED FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT NO. 109, (FIN 48), WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS. FIN 48 HAS BEEN CODIFIED IN FASB ASC 740-10. FIN 48 REQUIRES THAT AAA RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AAA ADOPTED THE PROVISIONS OF FIN 48 AS OF MARCH 26, 2010. AAA IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO INTEREST OR PENALTIES RESULTING FROM AN UNDERPAYMENT OF INCOME TAXES HAVE BEEN RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR IN THE STATEMENT OF FINANCIAL POSITION. AAA HAS NO POSITIONS FOR WHICH IT BELIEVES IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | LIABILITY UNDER FIN 48 FOOTNOTE |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1778597 |
| IRS990ScheduleD/Sect170hRequirementsSatisfied | 0 | false |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | false |
| IRS990ScheduleD/TotalExpenses | 0 | 2450411 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 2450411 |
| IRS990ScheduleD/TotalRevenue | 0 | 1778597 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1778597 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 2450411 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1778597 |
| IRS990ScheduleD/WrittenPolicyMonitoring | 0 | false |
| IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant | 0 | 2277787 |
| IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients | 0 | 156 |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 0 | TAX CREDIT SCHOLARSHIPS |
| IRS990ScheduleI/RecordsMaintained | 0 | true |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE AAA SCHOLARSHIP FOUNDATION, INC. ("AAA") IS A GEORGIA NOT-FOR-PROFIT ORGANIZATION INCORPORATED MARCH 26, 2010 WITH THE MISSION OF ENSURING ECONOMICALLY DISADVANTAGED FAMILIES HAVE EQUAL ACCESS TO THE CUSTOMIZED PRE-K4 - 12TH GRADE LEARNING OPTIONS THEY NEED TO EFFECTIVELY EDUCATE THEIR CHILDREN. AAA BELIEVES THAT EDUCATIONAL OPTION PROGRAMS SPUR IMPROVEMENTS BY EQUIPPING ALL OF GEORGIA'S PARENTS WITH THE TOOLS TO SEEK THE BEST EDUCATION FOR THEIR CHILDREN. AAA'S PRIMARY FOCUS IS IN PROVIDING LEARNING OPTIONS FOR CHILDREN FROM LOW-INCOME AND WORKING CLASS FAMILIES. AAA IS APPROVED BY THE GEORGIA DEPARTMENT OF EDUCATION AS A STUDENT SCHOLARSHIP ORGANIZATION (SSO) UNDER THE GEORGIA PRIVATE SCHOOL TAX CREDIT SCHOLARSHIP PROGRAM. UNDER THE LAW, AN SSO RECEIVES TAX-CREDITED CONTRIBUTIONS AND DISTRIBUTES THE MONEY IN THE FORM OF SCHOLARSHIPS. CORPORATIONS CAN REDIRECT UP TO 75% OF THEIR STATE OF GEORGIA INCOME TAX LIABILITY TO THE SCHOLARSHIPS. SSOS ARE ALLOWED TO USE UP TO 10 % OF THE CONTRIBUTIONS FOR ADMINISTRATIVE PURPOSES. AAA SCHOLARSHIP STUDENTS RECEIVE A MAXIMUM SCHOLARSHIP OF 7,500 PER YEAR FOR THREE YEARS TO ATTEND A QUALIFIED PRIVATE SCHOOL. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | WAGES AND OFFICE EXPENSES |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | A DRAFT OF THE FORM 990 IS EMAILED TO EACH DIRECTOR, WHO IS ASKED TO REPLY WITH HIS/HER APPROVAL WITHIN A SPECIFIED TIME PERIOD. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | A CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY OFFICERS, DIRECTORS AND KEY EMPLOYEES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE CEOS SALARY IS APPROVED BY THE BOARD OF DIRECTORS. AAA PURCHASES THE GUIDESTAR COMPENSATION SURVEY EACH YEAR TO USE FOR COMPARABILITY WHEN DETERMINING TOP MANAGEMENT OFFICIAL'S SALARY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | OTHER OFFICERS AND KEY EMPLOYEES SALARIES ARE DETERMINED BY THE CEO. AAA PURCHASES THE GUIDESTAR COMPENSATION SURVEY EACH YEAR TO USE FOR COMPARABILITY WHEN DETERMINING TOP MANAGEMENT OFFICIAL'S SALARIES. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | GOVERNING DOCUMENTS ARE AVAILABLE ON THE GEORGIA DEPARTMENT OF CORPORATIONS WEBSITE AND UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | ALL OTHER ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | COMPENSATION PROCESS FOR TOP OFFICIAL |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | COMPENSATION PROCESS FOR OFFICERS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | GA |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | GA |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 405623 |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 3135 STATE ROAD 580 |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine2 | 0 | SUITE 15 |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | SAFETY HARBOR |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | FL |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 34695 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | AAA SCHOLARSHIP FOUNDATION INC |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 8887072465 |
| IRS990/TotalAssets/BOY | 0 | 2373603 |
| IRS990/TotalAssetsBOY | 0 | 2373603 |
| IRS990/TotalAssets/EOY | 0 | 2587991 |
| IRS990/TotalAssetsEOY | 0 | 2587991 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalContributions | 0 | 1775765 |
| IRS990/TotalExpensesCurrentYear | 0 | 2450411 |
| IRS990/TotalExpensesPriorYear | 0 | 1786392 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 12646 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 80181 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 2357584 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 2450411 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 12646 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 1758644 |
| IRS990/TotalLiabilitiesBOY | 0 | 1758644 |
| IRS990/TotalLiabilities/EOY | 0 | 2644846 |
| IRS990/TotalLiabilitiesEOY | 0 | 2644846 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 2373603 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 2587991 |
| IRS990/TotalNbrEmployees | 0 | 3 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 614959 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | -56855 |
| IRS990/TotalOfOtherProgramServiceExp | 0 | 79797 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 2357584 |
| IRS990/TotalReportableCompFromOrg | 0 | 104384 |
| IRS990/TotalRevenueCurrentYear | 0 | 1778597 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 2832 |
| IRS990/TotalRevenuePriorYear | 0 | 2401766 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 1778597 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/Travel/Fundraising | 0 | 48 |
| IRS990/Travel/ManagementAndGeneral | 0 | 110 |
| IRS990/Travel/ProgramServices | 0 | 9245 |
| IRS990/Travel/Total | 0 | 9403 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 209336 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | -56855 |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | WWW.AAASCHOLARSHIPS.ORG |
| IRS990/WhistleblowerPolicy | 0 | true |
| IRS990/YearFormation | 0 | 2010 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 272559468 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | AAA SCHOLARSHIP FOUNDATION INC |
| ReturnHeader/Filer/NameControl | 0 | AAAS |
| ReturnHeader/Filer/Phone | 0 | 8887072465 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 3579 |
| ReturnHeader/Filer/USAddress/City | 0 | FORT STEWART |
| ReturnHeader/Filer/USAddress/State | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 31315 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2012-11-15 |
| ReturnHeader/Officer/Name | 0 | KIMBERLY DYSON CPA |
| ReturnHeader/Officer/Phone | 0 | 8887072465 |
| ReturnHeader/Officer/Title | 0 | CHIEF EXECUTIVE OFFICER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2012-11-16 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | DYSON BUSINESS ADVISORS INC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 3135 STATE ROAD 580 STE 15 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | SAFETY HARBOR |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | FL |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 34695 |
| ReturnHeader/Preparer/Name | 0 | KIMBERLY DYSON CPA |
| ReturnHeader/Preparer/Phone | 0 | 7272166331 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-07-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-06-30 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-11-16T08:21:08-06:00 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.