Civic Intelligence

Aaa Scholarship Foundation Inc.

990 • Fiscal year 2013 • EIN 27-2559468

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 05, 2013

PO Box 357931315
Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

98th percentile

213%

Faster asset growth than 98% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$8,103,166

Up $5,515,175 (+213%) from 2012

Net Assets

Down

-$107,687

Down $50,832 (-89%) from 2012

Liabilities

Up

$8,210,853

Up $5,566,007 (+210%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$7,123,843

Up $4,673,432 (+191%) from 2012

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

2013

Assets$8,103,166
Liabilities$8,210,853
Net Assets-$107,687

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

2013

Revenue-
Expenses$7,123,843
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 5, 2013
Return Version
2012v2.3
Gross Receipts
$7,073,011
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
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IRS990/Description0BECAUSE OF OUR WONDERFUL DONORS, WE HAD THE PRIVILEGE OF GRANTING 539 ANNUAL PRE-K4 - 12TH GRADE SCHOLARSHIPS TO 180 ECONOMICALLY-DISADVANTAGED STUDENTS IN GEORGIA AND 642 ANNUAL K - 12TH GRADE SCHOLARSHIPS TO 214 ECONOMICALLY-DISADVANTAGED STUDENTS IN ARIZONA SO THAT THEIR PARENTS COULD SELECT THE BEST EDUCATIONAL ENVIRONMENT 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 LEARNING OPTIONS THEY NEED TO EFFECTIVELY EDUCATE THEIR CHILDREN. AAA BELIEVES THAT EDUCATIONAL OPTION PROGRAMS SPUR IMPROVEMENTS BY REMOVING MANY OF THE FINANCIAL BARRIERS PARENTS FACE AS THEY SEEK THE BEST EDUCATION FOR THEIR CHILDREN. AAA'S PRIMARY FOCUS IS MAKING ACADEMIC ACHIEVEMENT ACCESSIBLE FOR CHILDREN FROM LOW-INCOME AND WORKING CLASS FAMILIES. DURING THE 2012-13 FISCAL YEAR, AAA WAS AN APPROVED SCHOLARSHIP ORGANIZATION (SO) IN GEORGIA, ARIZONA AND PENNSYLVANIA. AS AN SO, AAA MAY RECEIVE RE-DIRECTED TAXES FROM INDIVIDUAL AND CORPORATE TAXPAYERS. THESE RE-DIRECTED FUNDS ARE THEN DISTRIBUTED TO QUALIFIED STUDENTS IN THE FORM OF SCHOLARSHIPS SO THEY MAY ATTEND THE QUALIFIED PRIVATE SCHOOL OF THEIR PARENTS CHOICE.
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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 LEARNING OPTIONS THEY NEED TO EFFECTIVELY EDUCATE THEIR CHILDREN. AAA BELIEVES THAT EDUCATIONAL OPTION PROGRAMS SPUR IMPROVEMENTS BY REMOVING MANY OF THE FINANCIAL BARRIERS PARENTS FACE AS THEY SEEK THE BEST EDUCATION FOR THEIR CHILDREN. AAA'S PRIMARY FOCUS IS MAKING ACADEMIC ACHIEVEMENT ACCESSIBLE FOR CHILDREN FROM LOW-INCOME AND WORKING CLASS FAMILIES. DURING THE 2012-13 FISCAL YEAR, AAA WAS AN APPROVED SCHOLARSHIP ORGANIZATION (SO) IN GEORGIA, ARIZONA AND PENNSYLVANIA. AS AN SO, AAA MAY RECEIVE RE-DIRECTED TAXES FROM INDIVIDUAL AND CORPORATE TAXPAYERS. THESE RE-DIRECTED FUNDS ARE THEN DISTRIBUTED TO QUALIFIED STUDENTS IN THE FORM OF SCHOLARSHIPS SO THEY MAY ATTEND THE QUALIFIED PRIVATE SCHOOL OF THEIR PARENTS CHOICE.
IRS990ScheduleO/GeneralExplanation/Explanation1WAGES, FACILTY 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/Explanation6NEW JERSEY, NEW YORK, NORTH CAROLINA, OHIO, PENNSYLVANIA, TENNESSEE, VIRGINIA, WASHINGTON, WISCONSIN
IRS990ScheduleO/GeneralExplanation/Explanation7GOVERNING 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/Identifier6STATES WHERE COPY OF RETURN IS FILED
IRS990ScheduleO/GeneralExplanation/Identifier7GOVERNING 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 17
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChange0false
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IRS990/StateLegalDomicile0GA
IRS990/StatesWhereCopyOfReturnIsFiled0AL
IRS990/StatesWhereCopyOfReturnIsFiled1AR
IRS990/StatesWhereCopyOfReturnIsFiled2CA
IRS990/StatesWhereCopyOfReturnIsFiled3CO
IRS990/StatesWhereCopyOfReturnIsFiled4CT
IRS990/StatesWhereCopyOfReturnIsFiled5FL
IRS990/StatesWhereCopyOfReturnIsFiled6GA
IRS990/StatesWhereCopyOfReturnIsFiled7IL
IRS990/StatesWhereCopyOfReturnIsFiled8KY
IRS990/StatesWhereCopyOfReturnIsFiled9MD
IRS990/StatesWhereCopyOfReturnIsFiled10MA
IRS990/StatesWhereCopyOfReturnIsFiled11MI
IRS990/StatesWhereCopyOfReturnIsFiled12MN
IRS990/StatesWhereCopyOfReturnIsFiled13NJ
IRS990/StatesWhereCopyOfReturnIsFiled14NY
IRS990/StatesWhereCopyOfReturnIsFiled15NC
IRS990/StatesWhereCopyOfReturnIsFiled16OH
IRS990/StatesWhereCopyOfReturnIsFiled17PA
IRS990/StatesWhereCopyOfReturnIsFiled18TN
IRS990/StatesWhereCopyOfReturnIsFiled19VA
IRS990/StatesWhereCopyOfReturnIsFiled20WA
IRS990/StatesWhereCopyOfReturnIsFiled21WI
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
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/BOY02587991
IRS990/TotalAssetsBOY02587991
IRS990/TotalAssets/EOY08103166
IRS990/TotalAssetsEOY08103166
IRS990/TotalCompGT150K0false
IRS990/TotalContributions07068409
IRS990/TotalExpensesCurrentYear07123843
IRS990/TotalExpensesPriorYear02450411
IRS990/TotalFunctionalExpenses/Fundraising0143474
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0122716
IRS990/TotalFunctionalExpenses/ProgramServices06857653
IRS990/TotalFunctionalExpenses/Total07123843
IRS990/TotalFundrsngExpCurrentYear0143474
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY02644846
IRS990/TotalLiabilitiesBOY02644846
IRS990/TotalLiabilities/EOY08210853
IRS990/TotalLiabilitiesEOY08210853
IRS990/TotalLiabNetAssetsFundBalances/BOY02587991
IRS990/TotalLiabNetAssetsFundBalances/EOY08103166
IRS990/TotalNbrEmployees05
IRS990/TotalNetAssetsFundBalances/BOY0-56855
IRS990/TotalNetAssetsFundBalances/EOY0-107687
IRS990/TotalOfOtherProgramServiceExp0106861
IRS990/TotalOtherCompensation02794
IRS990/TotalProfFundrsngExpCY0125320
IRS990/TotalProgramServiceExpense06857653
IRS990/TotalReportableCompFromOrg095384

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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