Civic Intelligence

Aaa Scholarship Foundation Inc.

990 • Fiscal year 2012 • EIN 27-2559468

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 15, 2012

PO Box 357931315
Siviq Scores

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

Liabilities / Assets

92nd percentile

1.02x

Higher debt load relative to assets than 92% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

72nd percentile

9.0%

Faster asset growth than 72% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

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.

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0-$50MAssets 2011: $2,373,603Liabilities 2011: $1,758,644Net Assets 2011: $614,9592011Assets 2012: $2,587,991Liabilities 2012: $2,644,846Net Assets 2012: -$56,8552012Assets 2013: $8,103,166Liabilities 2013: $8,210,853Net Assets 2013: -$107,6872013Assets 2014: $12,678,965Liabilities 2014: $12,218,057Net Assets 2014: $460,9082014Assets 2015: $20,982,615Liabilities 2015: $18,395,313Net Assets 2015: $2,587,3022015Assets 2016: $25,389,240Liabilities 2016: $24,430,298Net Assets 2016: $958,9422016Assets 2017: $44,842,389Liabilities 2017: $30,184,265Net Assets 2017: $14,658,1242017Assets 2018: $54,174,835Liabilities 2018: $33,544,464Net Assets 2018: $20,630,3712018Assets 2019: $60,785,255Liabilities 2019: $36,095,077Net Assets 2019: $24,690,1782019Assets 2020: $71,436,356Liabilities 2020: $31,492,909Net Assets 2020: $39,943,4472020Assets 2021: $68,762,945Liabilities 2021: $40,277,512Net Assets 2021: $28,485,4332021Assets 2022: $113,422,809Liabilities 2022: $47,495,622Net Assets 2022: $65,927,1872022Assets 2023: $94,488,704Liabilities 2023: $50,807,496Net Assets 2023: $43,681,2082023Assets 2024: $176,209,218Liabilities 2024: $94,673,690Net Assets 2024: $81,535,5282024Assets 2025: $157,269,937Liabilities 2025: $86,143,717Net Assets 2025: $71,126,2202025

Highlighted filing

2012

Assets$2,587,991
Liabilities$2,644,846
Net Assets-$56,855

Operations Trend

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

$200M$100M$0-$100MExpenses 2011: $1,786,3922011Expenses 2012: $2,450,4112012Expenses 2013: $7,123,8432013Revenue 2014: $8,725,073Expenses 2014: $8,156,478Net Income 2014: $568,5952014Revenue 2015: $14,824,738Expenses 2015: $12,699,280Net Income 2015: $2,125,4582015Revenue 2016: $19,239,575Expenses 2016: $20,870,603Net Income 2016: -$1,631,0282016Revenue 2017: $42,522,753Expenses 2017: $28,824,288Net Income 2017: $13,698,4652017Revenue 2018: $50,047,419Expenses 2018: $44,077,038Net Income 2018: $5,970,3812018Revenue 2019: $51,697,976Expenses 2019: $47,656,173Net Income 2019: $4,041,8032019Revenue 2020: $46,844,334Expenses 2020: $31,564,950Net Income 2020: $15,279,3842020Revenue 2021: $63,392,863Expenses 2021: $74,829,032Net Income 2021: -$11,436,1692021Revenue 2022: $128,005,629Expenses 2022: $89,721,926Net Income 2022: $38,283,7032022Revenue 2023: $108,484,050Expenses 2023: $131,093,716Net Income 2023: -$22,609,6662023Revenue 2024: $180,446,082Expenses 2024: $142,976,036Net Income 2024: $37,470,0462024Revenue 2025: $104,400,455Expenses 2025: $115,223,328Net Income 2025: -$10,822,8732025

Highlighted filing

2012

Revenue-
Expenses$2,450,411
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 15, 2012
Return Version
2011v1.2
Gross Receipts
$1,778,597
Mission and Program Overview

Mission

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

Filing and Contact Details

Filer

EIN
27-2559468
Raw XML Appendix368 raw XML fields

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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IRS990/ActivityOrMissionDescription0THE 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
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IRS990/Description0BECAUSE 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.
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IRS990/MissionDescription0THE 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
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0IN 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.
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IRS990ScheduleO/GeneralExplanation/Explanation0THE 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/Explanation1WAGES AND OFFICE EXPENSES
IRS990ScheduleO/GeneralExplanation/Explanation2A 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/Explanation3A CONFLICT OF INTEREST STATEMENT IS SIGNED ANNUALLY BY OFFICERS, DIRECTORS AND KEY EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation4THE 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/Explanation5OTHER 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/Explanation6GOVERNING DOCUMENTS ARE AVAILABLE ON THE GEORGIA DEPARTMENT OF CORPORATIONS WEBSITE AND UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier2ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier3ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier4COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier5COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY0405623
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine103135 STATE ROAD 580
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine20SUITE 15
IRS990/TheBooksAreInCareOf/AddressUS/City0SAFETY HARBOR
IRS990/TheBooksAreInCareOf/AddressUS/State0FL
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode034695
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10AAA SCHOLARSHIP FOUNDATION INC
IRS990/TheBooksAreInCareOf/TelephoneNumber08887072465
IRS990/TotalAssets/BOY02373603
IRS990/TotalAssetsBOY02373603
IRS990/TotalAssets/EOY02587991
IRS990/TotalAssetsEOY02587991
IRS990/TotalCompGT150K0false
IRS990/TotalContributions01775765
IRS990/TotalExpensesCurrentYear02450411
IRS990/TotalExpensesPriorYear01786392
IRS990/TotalFunctionalExpenses/Fundraising012646
IRS990/TotalFunctionalExpenses/ManagementAndGeneral080181
IRS990/TotalFunctionalExpenses/ProgramServices02357584
IRS990/TotalFunctionalExpenses/Total02450411
IRS990/TotalFundrsngExpCurrentYear012646
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY01758644
IRS990/TotalLiabilitiesBOY01758644
IRS990/TotalLiabilities/EOY02644846
IRS990/TotalLiabilitiesEOY02644846
IRS990/TotalLiabNetAssetsFundBalances/BOY02373603
IRS990/TotalLiabNetAssetsFundBalances/EOY02587991
IRS990/TotalNbrEmployees03
IRS990/TotalNetAssetsFundBalances/BOY0614959
IRS990/TotalNetAssetsFundBalances/EOY0-56855
IRS990/TotalOfOtherProgramServiceExp079797
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense02357584
IRS990/TotalReportableCompFromOrg0104384
IRS990/TotalRevenueCurrentYear01778597
IRS990/TotalRevenue/ExclusionAmount02832
IRS990/TotalRevenuePriorYear02401766
IRS990/TotalRevenue/TotalRevenueColumn01778597
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/Travel/Fundraising048
IRS990/Travel/ManagementAndGeneral0110
IRS990/Travel/ProgramServices09245
IRS990/Travel/Total09403
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0209336
IRS990/UnrestrictedNetAssets/EOY0-56855
IRS990/UponRequest0X
IRS990/WebSite0WWW.AAASCHOLARSHIPS.ORG
IRS990/WhistleblowerPolicy0true
IRS990/YearFormation02010
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0272559468
ReturnHeader/Filer/Name/BusinessNameLine10AAA SCHOLARSHIP FOUNDATION INC
ReturnHeader/Filer/NameControl0AAAS
ReturnHeader/Filer/Phone08887072465
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 3579
ReturnHeader/Filer/USAddress/City0FORT STEWART
ReturnHeader/Filer/USAddress/State0GA
ReturnHeader/Filer/USAddress/ZIPCode031315
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-11-15
ReturnHeader/Officer/Name0KIMBERLY DYSON CPA
ReturnHeader/Officer/Phone08887072465
ReturnHeader/Officer/Title0CHIEF EXECUTIVE OFFICER
ReturnHeader/Preparer/DatePrepared02012-11-16
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10DYSON BUSINESS ADVISORS INC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine103135 STATE ROAD 580 STE 15
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0SAFETY HARBOR
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode034695
ReturnHeader/Preparer/Name0KIMBERLY DYSON CPA
ReturnHeader/Preparer/Phone07272166331
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-11-16T08:21:08-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$157$86.1$71.1$104$115$10.8
2024Detailed filing. Detailed filing data is available for this year.$176$94.7$81.5$180$143$37.5
2023Detailed filing. Detailed filing data is available for this year.$94.5$50.8$43.7$108$131$22.6
2022Detailed filing. Detailed filing data is available for this year.$113$47.5$65.9$128$89.7$38.3
2021Detailed filing. Detailed filing data is available for this year.$68.8$40.3$28.5$63.4$74.8$11.4
2020Detailed filing. Detailed filing data is available for this year.$71.4$31.5$39.9$46.8$31.6$15.3
2019Detailed filing. Detailed filing data is available for this year.$60.8$36.1$24.7$51.7$47.7$4.04
2018Detailed filing. Detailed filing data is available for this year.$54.2$33.5$20.6$50.0$44.1$5.97
2017Detailed filing. Detailed filing data is available for this year.$44.8$30.2$14.7$42.5$28.8$13.7
2016Detailed filing. Detailed filing data is available for this year.$25.4$24.4$0.96$19.2$20.9$1.63
2015Detailed filing. Detailed filing data is available for this year.$21.0$18.4$2.59$14.8$12.7$2.13
2014Detailed filing. Detailed filing data is available for this year.$12.7$12.2$0.46$8.73$8.16$0.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.10$8.21$0.11$7.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$2.64$0.06$2.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$1.76$0.61$1.79