Civic Intelligence

Arizona Tuition Connection Inc.

990 • Fiscal year 2016 • EIN 46-1879761

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

11445 E Via Linda Ste 2-145Scottsdale, AZ 85259-2655

(480) 409-4106

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$150,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

100th percentile

1842%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

891%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,179,707

Up $3,964,496 (+1842%) from 2015

Net Assets

Up

$4,154,914

Up $4,025,903 (+3121%) from 2015

Liabilities

Down

$24,793

Down $61,407 (-71%) from 2015

Revenue

Up

$9,397,062

Up $8,449,284 (+891%) from 2015

Expenses

Up

$5,371,159

Up $4,512,921 (+526%) from 2015

Net Income

Up

$4,025,903

Up $3,936,363 (+4396%) from 2015

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2014: $50,071Liabilities 2014: $10,600Net Assets 2014: $39,4712014Assets 2015: $215,211Liabilities 2015: $86,200Net Assets 2015: $129,0112015Assets 2016: $4,179,707Liabilities 2016: $24,793Net Assets 2016: $4,154,9142016Assets 2017: $8,512,597Liabilities 2017: $0Net Assets 2017: $8,512,5972017Assets 2018: $15,052,951Liabilities 2018: $0Net Assets 2018: $15,052,9512018Assets 2019: $21,085,257Liabilities 2019: $50,738Net Assets 2019: $21,034,5192019Assets 2020: $27,939,156Liabilities 2020: $128,527Net Assets 2020: $27,810,6292020Assets 2021: $37,104,483Liabilities 2021: $45,142Net Assets 2021: $37,059,3412021Assets 2022: $44,323,029Liabilities 2022: $50,166Net Assets 2022: $44,272,8632022Assets 2023: $56,347,451Liabilities 2023: $637,540Net Assets 2023: $55,709,9112023Assets 2024: $70,894,307Liabilities 2024: $558,532Net Assets 2024: $70,335,7752024

Highlighted filing

2016

Assets$4,179,707
Liabilities$24,793
Net Assets$4,154,914

Operations Trend

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

$40M$30M$20M$10M$0Revenue 2014: $240,591Expenses 2014: $204,350Net Income 2014: $36,2412014Revenue 2015: $947,778Expenses 2015: $858,238Net Income 2015: $89,5402015Revenue 2016: $9,397,062Expenses 2016: $5,371,159Net Income 2016: $4,025,9032016Revenue 2017: $14,316,240Expenses 2017: $9,958,557Net Income 2017: $4,357,6832017Revenue 2018: $20,086,086Expenses 2018: $13,545,732Net Income 2018: $6,540,3542018Revenue 2019: $20,905,628Expenses 2019: $14,924,060Net Income 2019: $5,981,5682019Revenue 2020: $24,927,577Expenses 2020: $18,151,467Net Income 2020: $6,776,1102020Revenue 2021: $31,699,669Expenses 2021: $22,450,957Net Income 2021: $9,248,7122021Revenue 2022: $34,479,586Expenses 2022: $27,266,064Net Income 2022: $7,213,5222022Revenue 2023: $32,323,110Expenses 2023: $20,886,062Net Income 2023: $11,437,0482023Revenue 2024: $33,617,944Expenses 2024: $18,992,080Net Income 2024: $14,625,8642024

Highlighted filing

2016

Revenue$9,397,062
Expenses$5,371,159
Net Income$4,025,903
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$9,397,062
Mission and Program Overview

Mission

Arizona tuition connection serves families by providing them opportunities to connect them to scholarship funds made available from both private and corporate tax credit donations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$3,510,769-
Cash and Non-Interest-Bearing Accounts$215,211$668,938▲ $453,727
Loans From Officers Directors$11,200$11,800▲ $600
Total Assets$215,211$4,179,707▲ $3,964,496
Liabilities
Accounts Payable and Accrued Expenses$75,000$12,993▼ $62,007
Total Liabilities$86,200$24,793▼ $61,407
Net Assets / Fund Balance
Temporarily Rstr Net Assets$135,630$3,774,111▲ $3,638,481
Unrestricted Net Assets$-6,619$380,803▲ $387,422
Total Net Assets Fund Balance$129,011$4,154,914▲ $4,025,903
Total Liabilities and Net Assets / Fund Balance$215,211$4,179,707▲ $3,964,496
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Timothy KuhnBoard PresidFT$150,000$150,000

Board Members and Trustees

NameTitle
Bob BrilonDirector
Kristen KrugerDirector
Kevin SullivanDirector/sec
Revenue and Support

Revenue Composition

Contributions and Grants
$9,386,293
Program Service Revenue
$0
Investment Income
$10,769
Other Revenue
$0
All Other Contributions
$9,386,293
Change in Net Assets
$4,025,903

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,397,062
Total Revenue per Audited Statements
$9,397,062
Total Revenue per Form 990
$9,397,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,777,823
Salaries, Compensation, and Employee Benefits$247,194
Total Fundraising Expense$212,513
Other Expenses$180,542
Professional Fundraising Fees$165,600

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,777,823--$4,777,823
Fees for Services Professional Fundraising--$165,600$165,600
Current Officers, Directors, Trustees, and Key Employees$75,000$37,500$37,500$150,000
Other Salaries and Wages$48,366$48,828-$97,194
Office Expenses$5,216$21,509$5,216$31,941
Occupancy$12,000$18,686-$30,686
Travel-$8,324-$8,324
Advertising-$1,250$4,197$5,447
Fees for Services Accounting-$5,300-$5,300
Fees for Services Other$3,238$1,612-$4,850
Other Expenses$76,021$3,591-$3,591
Insurance-$936-$936
Interest-$600-$600
Total Functional Expenses$4,997,664$160,982$212,513$5,371,159

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,371,159
Total Expenses per Audited Statements$5,371,159
Total Expenses per Form 990$5,371,159
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$165,600
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tim KuhnPresidentRentNo$24,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$11,200$11,800▲ $600
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The 990 was reviewed by the board of directors before finalizing.

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

The board must be aware and approve financial dealings with other board members. No financial dealings with employees without specific approval by the executive director.

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

The board reviews comparative salary numbers from similar organizations in size and purpose. The board deliberates on the proposed salary number and then votes at a public meeting.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Arizona Tuition Connection
EIN
46-1879761
Phone
4804094106
Address
11445 E VIA LINDA STE 2-145, SCOTTSDALE, AZ 85259-2655

Signing Officer

Name
Timothy Kuhn
Title
Board President
Phone
4804094106
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Kuhn
Formed
2013
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
3
Employees
2
Volunteers
1

Preparer

Firm
Fester & Chapman Pc
Address
9019 E BAHIA DR STE 100, SCOTTSDALE, AZ 85260
Preparer
Rachel R Locke CPA
Phone
6022643077
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The volunteer works with accountants educating them on the tax credit process.

Raw XML Appendix370 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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALTHOUGH WE CAN NOT USE IT AS THE ONLY CRITERIA, ARIZONA TUITION CONNECTION PUTS A HIGH PRIORITY ON THE INTENTIONS OF THE PERSON WHO MADE THE DONATION. THEREFORE, STUDENTS OF ANY INCOME BRACKET ARE ELIGIBLE TO RECEIVE TUITION TAX CREDIT SCHOLARSHIPS. OTHER FACTORS WE USE WHEN AWARDING SCHOLARSHIPS ARE, THE INCOME OF THE FAMILY, THE SCHOOL THE STUDENT IS ATTENDING AND IF THE FAMILY IS PARTICIPATING IN SOME OF THE PROGRAMS WE OFFER. IT IS IMPORTANT TO REALIZE THAT NOT EVERY STUDENT IS ELIGIBLE TO RECEIVE EVERY TYPE OF SCHOLARSHIP. PLEASE SEE THE GENERAL GUIDELINES FOR AWARDING SCHOLARSHIPS BELOW. SCHOLARSHIP GUIDELINES: ORIGINAL SCHOLARSHIPS: K-12 STUDENTS ATTENDING A QUALIFIED PRIVATE SCHOOL. SWITCHER/OVERFLOW SCHOLARSHIPS ENROLLING IN OR CURRENTLY ENROLLED IN A PRIVATE SCHOOL KINDERGARTEN, OR ATTENDED AN ARIZONA PUBLIC SCHOOL, FULL TIME, FOR AT LEAST 90 DAYS OF THE PRIOR FISCAL YEAR AND THEN TRANSFERRED TO A PRIVATE SCHOOL, OR RECEIVED A SWITCHER SCHOLARSHIP IN A PRIOR SCHOOL YEAR AND REMAINED IN PRIVATE SCHOOL IN SUBSEQUENT YEARS, OR RECEIVE A LOW-INCOME CORPORATE SCHOLARSHIP OR DISABLED/DISPLACED SCHOLARSHIP IN A PRIOR YEAR AND CONTINUED TO ATTEND PRIVATE SCHOOL IN SUBSEQUENT YEARS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TIM KUHN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0DONOR RECOMMENDATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt016500
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0TIM KUHN
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0DAUGHTER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP AWARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt011800
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START-UP COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0TIM KUHN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CURRENT OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt011800
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VOLUNTEER WORKS WITH ACCOUNTANTS EDUCATING THEM ON THE TAX CREDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WAS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FINALIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MUST BE AWARE AND APPROVE FINANCIAL DEALINGS WITH OTHER BOARD MEMBERS. NO FINANCIAL DEALINGS WITH EMPLOYEES WITHOUT SPECIFIC APPROVAL BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS COMPARATIVE SALARY NUMBERS FROM SIMILAR ORGANIZATIONS IN SIZE AND PURPOSE. THE BOARD DELIBERATES ON THE PROPOSED SALARY NUMBER AND THEN VOTES AT A PUBLIC MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0135630
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03774111
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0215211
IRS990/TotalAssetsEOYAmt04179707
IRS990/TotalAssetsGrp/BOYAmt0215211
IRS990/TotalAssetsGrp/EOYAmt04179707
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09386293
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0212513
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160982
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04997664
IRS990/TotalFunctionalExpensesGrp/TotalAmt05371159
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt086200
IRS990/TotalLiabilitiesEOYAmt024793
IRS990/TotalLiabilitiesGrp/BOYAmt086200
IRS990/TotalLiabilitiesGrp/EOYAmt024793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0129011
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04154914
IRS990/TotalProgramServiceExpensesAmt04997664
IRS990/TotalReportableCompFromOrgAmt0150000
IRS990/TotalRevenueGrp/ExclusionAmt010769
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09397062
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0215211
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04179707
IRS990/TravelGrp/ManagementAndGeneralAmt08324
IRS990/TravelGrp/TotalAmt08324
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-6619
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0380803
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011445 E VIA LINDA STE 2-145
IRS990/USAddress/CityNm0SCOTTSDALE
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085259
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://ARIZONATUITIONCONNECTION.COM/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY KUHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04804094106
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIZONA TUITION CONNECTION
ReturnHeader/Filer/BusinessNameControlTxt0ARIZ
ReturnHeader/Filer/EIN0461879761
ReturnHeader/Filer/PhoneNum04804094106
ReturnHeader/Filer/USAddress/AddressLine1Txt011445 E VIA LINDA STE 2-145
ReturnHeader/Filer/USAddress/CityNm0SCOTTSDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd0852592655
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860494040
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FESTER & CHAPMAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09019 E BAHIA DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085260
ReturnHeader/PreparerPersonGrp/PhoneNum06022643077
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL R LOCKE CPA
ReturnHeader/ReturnTs02017-05-12T10:07:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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