Civic Intelligence

Arizona Tuition Connection Inc.

990 • Fiscal year 2017 • EIN 46-1879761

Jul 01, 2016 to Jun 30, 2017 • Filed on May 03, 2018

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

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$157,708

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

97th percentile

104%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

52%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,512,597

Up $4,332,890 (+104%) from 2016

Net Assets

Up

$8,512,597

Up $4,357,683 (+105%) from 2016

Liabilities

Down

$0

Down $24,793 (-100%) from 2016

Revenue

Up

$14,316,240

Up $4,919,178 (+52%) from 2016

Expenses

Up

$9,958,557

Up $4,587,398 (+85%) from 2016

Net Income

Up

$4,357,683

Up $331,780 (+8.2%) from 2016

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

2017

Assets$8,512,597
Liabilities$0
Net Assets$8,512,597

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

2017

Revenue$14,316,240
Expenses$9,958,557
Net Income$4,357,683
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 3, 2018
Return Version
2016v3.1
Gross Receipts
$14,316,240
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$5,648,388▲ $2,137,619
Cash and Non-Interest-Bearing Accounts$668,938$2,864,209▲ $2,195,271
Loans From Officers Directors$11,800--
Total Assets$4,179,707$8,512,597▲ $4,332,890
Liabilities
Accounts Payable and Accrued Expenses$12,993--
Total Liabilities$24,793$0▼ $24,793
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,774,111$7,304,447▲ $3,530,336
Unrestricted Net Assets$380,803$1,208,150▲ $827,347
Total Net Assets Fund Balance$4,154,914$8,512,597▲ $4,357,683
Total Liabilities and Net Assets / Fund Balance$4,179,707$8,512,597▲ $4,332,890
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Timothy KuhnBoard PresidFT$157,708$157,708
Timothy KuhnBoard President-$157,708$157,708
Bob BrilonDirectorFT$15,000$15,000

Board Members and Trustees

NameTitle
Kristen KrugerDirector
Kevin SullivanDirector/sec
Revenue and Support

Revenue Composition

Contributions and Grants
$14,306,612
Program Service Revenue
$0
Investment Income
$9,628
Other Revenue
$0
All Other Contributions
$14,306,612
Change in Net Assets
$4,357,683

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,316,240
Total Revenue per Audited Statements
$14,316,240
Total Revenue per Form 990
$14,316,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,115,125
Salaries, Compensation, and Employee Benefits$480,258
Other Expenses$363,174
Total Fundraising Expense$124,582
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$9,115,125--$9,115,125
Other Salaries and Wages$148,638$60,854$67,392$276,884
Current Officers, Directors, Trustees, and Key Employees$92,713$37,958$42,036$172,707
Occupancy$31,288$38,822-$70,110
Office Expenses-$40,554$15,154$55,708
Payroll Taxes$23,718$5,930-$29,648
Travel-$16,120-$16,120
Insurance-$12,004-$12,004
Advertising-$11,105-$11,105
Fees for Services Accounting-$10,300-$10,300
Other Expenses-$5,282-$5,282
Fees for Services Other-$2,463-$2,463
Other Employee Benefits$446$573-$1,019
Fees for Services Legal-$175-$175
Total Functional Expenses$9,411,928$422,047$124,582$9,958,557

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,958,557
Total Expenses per Audited Statements$9,958,557
Total Expenses per Form 990$9,958,557
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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$56,000
Kristen KrugerOfficerInsuranceNo$12,576

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$11,800--
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
2018-05-03
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
7
Volunteers
2

Preparer

Firm
Fester & Chapman Pllc
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 volunteers work with accountants educating them on the tax credit process.

Raw XML Appendix375 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
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0157708
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIMOTHY KUHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157708
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TIM KUHN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1KRISTEN KRUGER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt056000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt112576
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1INSURANCE
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0DONOR RECOMMENDATION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt08340
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0TIM KUHN
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0DAUGHTER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP AWARD
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VOLUNTEERS WORK 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
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03774111
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt07304447
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04179707
IRS990/TotalAssetsEOYAmt08512597
IRS990/TotalAssetsGrp/BOYAmt04179707
IRS990/TotalAssetsGrp/EOYAmt08512597
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt014306612
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0124582
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0422047
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09411928
IRS990/TotalFunctionalExpensesGrp/TotalAmt09958557
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024793
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt024793
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04154914
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08512597
IRS990/TotalProgramServiceExpensesAmt09411928
IRS990/TotalReportableCompFromOrgAmt0172708
IRS990/TotalRevenueGrp/ExclusionAmt09628
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014316240
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04179707
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08512597
IRS990/TravelGrp/ManagementAndGeneralAmt016120
IRS990/TravelGrp/TotalAmt016120
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0380803
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01208150
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY KUHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04804094106
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-03
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/FilingSecurityInformation/AtSubmissionCreationDeviceId052377BAEBF470901B9FA50E9FFF44639D7EA74EE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0997E27EEDE96FF58B0CDB27605100D82AF4113A2
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821455657
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FESTER & CHAPMAN PLLC
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/PreparationDt02018-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL R LOCKE CPA
ReturnHeader/ReturnTs02018-05-15T13:17:13-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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